Author: admin

Milan-based tech conglomerate Bending Spoons this week acquired Eventbrite for $500 million, adding the event ticketing platform to its growing portfolio of recognizable consumer tech brands. The deal, announced Tuesday, marks the latest acquisition for the 12-year-old company that has quietly become one of the tech industry’s most prolific buyers — despite remaining largely unknown to the general public. So what exactly is Bending Spoons? Despite its catchy name, the company has stayed remarkably under the radar, and it typically makes headlines only when it adds another recognizable brand to its portfolio — which now includes Evernote, WeTransfer, Meetup, and…

An Ulta Beauty store in Concord, California, US, on Wednesday, Dec. 3, 2025. David Paul Morris | Bloomberg | Getty ImagesUlta Beauty on Thursday raised its full-year sales outlook after topping Wall Street’s expectations for the fiscal third quarter. The beauty retailer said it now expects net sales for the year to be approximately $12.3 billion, higher than its previous expectations of $12 billion to $12.1 billion. That would would represent an increase from last fiscal year’s net sales of $11.3 billion. It expects earnings per share of $25.20 to $25.50, up from its prior expectations of $23.85 to $24.30.It…

The record-breaking government shutdown might have ended in mid-November, but its effects continue to ripple through the airline industry.Delta Air Lines, for one, reported on Wednesday that the 43-day shutdown cost it about $200 million in pre-tax profits, due to softer demand for bookings during November. Delta CEO Ed Bastian said at a financial conference on Wednesday that when the FAA began reducing flights across the country on November 7, the airline saw “between a 5% and 10% immediate reduction in bookings” and that “refunds grew significantly.”The FAA began reducing domestic flights at the 40 busiest airports in the U.S.…

Right on the heels of announcing Nova Forge, a service to train custom Nova AI models, Amazon Web Services (AWS) announced more tools for enterprise customers to create their own frontier models. AWS announced new capabilities in Amazon Bedrock and Amazon SageMaker AI at its AWS re:Invent conference on Wednesday. These new capabilities are designed to make building and fine-tuning custom large language models (LLMs) easier for developers. The cloud provider is introducing serverless model customization in SageMaker, which allows developers to start building a model without needing to think about compute resources or infrastructure, according to Ankur Mehrotra, general…

by Mia Taylor Last updated: 3:50 PM ET, Wed December 3, 2025 Between the recent government shutdown and the Trump Administration’s decision to repeal Biden-era consumer protections for travelers whose flights are delayed, consumers are losing faith in the American travel system.A newly conducted consumer survey from LegalShield shows that 33 percent of Americans no longer have confidence in the “safety and reliability of flying.” That opinion is linked to a “perfect storm” of government dysfunction, including the record 43-day shutdown, which was the longest in U.S. history, along with weakened consumer protections.Those two factors appear to be creating widespread…

Anthropic is prepping for an IPO that could come as early as 2026, the FT reports. It has brought on law firm Wilson Sonsini to help kick off the process, and the company is tackling an internal checklist to prepare it for what could be one of the largest IPOs ever. The company is also reportedly looking to raise a funding round that could value it at over $300 billion and has also been in talks with investment banks, though it has not chosen an underwriter, the FT reported. Anthropic last announced a $13 billion raise in September, giving it…

A bus passes near Warner Bros. Studio on Sept. 12, 2025 in Burbank, California. Mario Tama | Getty ImagesParamount Skydance is calling foul on how Warner Bros. Discovery has conducted its sale process. In a letter reviewed by CNBC, Paramount attorneys told Warner Bros. Discovery CEO David Zaslav that Paramount was questioning the “fairness and adequacy” of the process, which officially launched in October. This week, Paramount, Netflix and Comcast submitted second-round bids to acquire some or all of Warner Bros. Discovery’s assets, CNBC previously reported. “It has become increasingly clear, through media reporting and otherwise, that WBD appears to…

Fintech company Marquis is notifying dozens of U.S. banks and credit unions that they had customer data stolen in a cyberattack earlier this year.  Details of the cyberattack emerged this week after Marquis filed data breach notices with several U.S. states confirming its August 14 incident as a ransomware attack. Texas-based Marquis is a marketing and compliance provider that allows banks and other financial institutions to collect and visualize all of their customer data in one place. The company counts more than 700 banking and credit union customers on its website. As such, Marquis has access to and stores large…

Refreshed versions of the Tesla Model Y are shown outside a Tesla store in San Diego, California, U.S. October 21, 2025. Mike Blake | ReutersDETROIT — U.S. electric vehicle sales leader Tesla made notable strides in Consumer Reports’ influential annual auto brand rankings, cracking the top 10 overall for the U.S.The EV manufacturer jumped from No. 18 on last year’s list of more than 30 automotive brands to 10th on the 2026 Consumer Reports Brand Report Card, which was released Thursday.”They definitely have their struggles, but by continuing to refine and not make huge changes in their models, they’re able…

by Sarah Kuta Last updated: 12:35 PM ET, Wed December 3, 2025 Oceania Cruises plans to launch two new culinary concepts aboard its forthcoming ship Oceania Sonata.Oceania Sonata, the first vessel in the line’s new Sonata Class, is scheduled to debut in August 2027. The vessel will have two new eateries, a fine-dining restaurant called La Table par Maîtres Cuisiniers de France, and a Peruvian-Japanese fusion restaurant called Nikkei Kitchen. “Oceania Sonata represents an incredible opportunity to reimagine the future of our culinary program, while still offering the culinary concepts our guests know and love,” says Jason Montague, chief luxury…