Shares of General Electric drop after announcing a $6.2 billion charge, but BlackBerry surges on news of a new software for connected cars. We also look at shares of Alphabet, on news Google is laying underwater cables to grow its cloud business.
Plus a preview of the Detroit Auto Show. We'll take a look at the hottest cars at the event and how new technologies, from connected vehicles and self-driving make their presence known.
And what to expect as Google, Facebook, and Twitter head to Capitol Hill. We break down what's in store with GBH's Daniel Ives and CFRA's Scott Kessler.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
