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• [[Los Angeles Times]]
  • PayPal is targeted for takeover
    • Advent International and Stripe reportedly make bid to buy firm for $60.50 per share.
    • PAYPAL, based in San José, has seen its stock drop more than 25% over a year.
  • BuzzFeed slashes 35% of workforce under new owner
    • Layoffs at struggling media company will also hit sister brands HuffPost and Tasty.
  • Confidence in the economy falls amid higher prices for gas
    • Americans’ outlook remains sour after years of inflation.
  • Suit alleges Globes sale was ‘sham’
    • Hollywood Foreign Press accuses mogul of fraud, monopoly and misuse of funds.

• [[USA Today]]
  • CUSTOMIZATION GROWS AT FORD
    • Automaker’s Custom Garage toy store delivers goods
    • Ford Motor Co.’s toy store just got a lot bigger. ● With extensive accessory options for brand icons Bronco, Maverick, Mustang, and F-150 models (with more models in the pipeline), Ford Custom Garage encourages owners to customize their new buys with a dizzying array of decals, wheels, interiors, shocks, and engine performance parts – all under the umbrella of a factory warranty. Goodbye aftermarket, hello Ford dealer configurator. ● The DIY-palooza not only acknowledges that 46% of new Ford buyers accessorize their models, but it leans into Ford’s redefinition as a maker of passion vehicles. No longer wedded to filling every market segment, Ford – like a premium brand – seeks to light a fire with customers. “[We’re] getting out of the boring-car business and into the iconic-vehicle business,” CEO Jim Farley told CAR magazine in 2024. The cheapest model on the Ford lot is now a $30,000 Maverick.
    • Henry Payne, Detroit News auto columnist, exercised the Ford Custom Garage-equipped Mustang FP800S at Michigan International Speedway.
  • Premium features without high price
    • Brand disrupts rankings with its innovation
    • GENESIS G80 REVIEW
  • Popular hybrid Toyota SUV gets great mileage
    • TOYOTA RAV4 REVIEW
    • The Toyota RAV4 GR Sport plug-in hybrid vehicle starts at just less than $50,000.

• [[The New York Times]]
  • A TV Judge and an R&B Singer Fought Online Trolls. They Didn’t Get Far.
    • Faith Jenkins Lattimore and Kenny Lattimore took the rare step of battling defamation on YouTube. Even with money and legal experience, they struggled to make progress.
    • Faith Jenkins Lattimore with her husband, Kenny Lattimore, in Los Angeles.
  • Betting on Drug Trials and Approvals Prompts Concerns About Undermining Research
    • Prediction markets on Kalshi and Polymarket now let people wager money on drug approvals. Kalshi also plans to allow bets on clinical trial results.
  • Tech Stocks Tumble on Worries Over A.I. Spending and China’s Chips
    • The Nasdaq Composite index slid more than 1 percent before recovering, a bumpy ride that has escalated in recent days.
  • OpenAI Close to Landing $500 Billion Data Center With Nvidia’s Backing
    • The chipmaking giant is in talks with OpenAI to provide a $250 billion financial backstop for the project, which would be among the largest of the A.I. boom.
    • The groundbreaking ceremony for the data center in Piketon, Ohio, in March. The financing for the project is indicative of the elaborate deals that have helped fuel the A.I. boom.

• [[Wall Street Journal]]
  • Boeing Spending Spree Continues
    • Second quarter loss narrowed amid push for Air Force One, and jet deliveries
  • Many Rent-Stabilized Apartments Go to New York’s Wealthiest Tenants
    • Wealthier rent-stabilized tenants tend to be in more expensive neighborhoods with higher market prices.
  • From Cracker Barrel to Boeing, Companies Tap Retired CEOs
  • Missive Marks Shift By Luxury Billionaire
  • Lawsuits Pose Threats To Meta’s Ambitions
  • Apple Launches Klarna Leasing Program

• [[Financial Times]] 영국에 위치한 니케이 소유 회사입니다.
  • Ker­ing sales return to growth for first time since 2023 as Gucci slow­down eases
    • Kering has increased its sales for the first time since the middle of 2023 as new chief executive Luca de Meo attempts a turnaround at the luxury group that owns Gucci.
    • Gucci’s New York col­lec­tion by cre­at­ive dir­ector Demna Gvas­alia, who hopes to revive the brand
  • New York’s mayor sets out to slash red tape for small busi­nesses
    • The true test of Mamdani's 'Open' package will not be how many reforms City Hall announces but how many forms disappear
  • Boe­ing slowed by $280mn in extra costs for Air Force One
    • ▸ Refurb of pres­id­ent’s jet hits earn­ings ▸ Trav­ails off­set com­mer­cial unit’s gains
    • The former CEO said in 2022 that the deal was a risk 'that Boeing probably shouldn't have taken'
  • Ebay agrees $56mn pay­out to couple who cri­ti­cised site
    • Ebay and former top executives of the company will pay $55.7mn to resolve a lawsuit alleging an elaborate harassment campaign against a couple who wrote blogs critical of the web retailer.