Author: Frank Salvato

Apple and JPMorgan Chase announced that the nation’s largest bank by assets will take over as the issuer of the Apple Card from Goldman Sachs, a change expected to span about 24 months and bring roughly $20 billion in card balances onto Chase’s platform while leaving the Mastercard payment network in place and preserving the card’s existing benefits. Reuters, Apple, and JPMorgan Chase all confirm that everyday users should see no immediate changes to the Apple Card’s features, including 3 % Daily Cash rewards and digital tools, though regulatory approvals are still pending as the transition unfolds. Goldman Sachs is…

Warner Bros. Discovery’s board of directors has once again rejected Paramount Skydance’s aggressive $108.4 billion takeover offer, labeling it a dangerously leveraged buyout loaded with debt and inferior to the company’s existing agreement with Netflix to sell key studio and streaming assets; Warner’s leadership has urged shareholders to stick with the more stable Netflix deal, citing the Paramount proposal’s execution risks, massive debt burden, and the financial penalties WBD would incur by abandoning the Netflix agreement, even as Paramount insists its all-cash $30 per share offer backed by a Larry Ellison guarantee remains superior. Sources: https://www.reuters.com/legal/transactional/warner-bros-rejects-revised-paramount-bid-risky-leveraged-buyout-2026-01-07/https://apnews.com/article/warner-bros-discovery-paramount-netflix-4e1950023fd5efe0db1bc9cda7074465https://www.theguardian.com/film/2026/jan/07/warner-bros-shareholders-paramount-takeover-bid Key Takeaways • Warner’s…

AMC Networks has officially previewed its upcoming television series The Audacity, a dark comedy-drama set squarely in the heart of Silicon Valley and poised to premiere in April 2026. The series, created by Emmy-nominated writer Jonathan Glatzer, delivers a pointed look at the tech industry’s influential figures — the inventors, entrepreneurs, and ego-driven leaders shaping society through AI, data mining and social platforms — blending satire with sharp cultural commentary. The cast includes Billy Magnussen as an audacious data-mining CEO, with performances by Zach Galifianakis, Sarah Goldberg and Simon Helberg, among others. According to AMC executives, the show dives into…

Caterpillar announced a significant expansion of its partnership with Nvidia to embed advanced artificial intelligence directly into construction and mining equipment, transforming traditional machines with real-time, edge AI capabilities designed to support operators, improve safety and efficiency, and enable autonomous functions, highlighted by the debut of the Cat AI Assistant running on Nvidia’s Jetson Thor platform that can interact naturally with users, provide operational guidance, and collect rich jobsite data for digital twin simulations and improved decision-making across jobsites and factory operations. Sources: https://techcrunch.com/2026/01/07/caterpillar-taps-nvidia-to-bring-ai-to-its-construction-equipment/ https://www.prnewswire.com/news-releases/caterpillar-teams-with-nvidia-to-revolutionize-heavy-industry-with-physical-ai-and-robotics-302655427.html https://www.datacenterdynamics.com/en/news/caterpillar-and-nvidia-to-integrate-ai-into-manufacturing-and-operating-systems/ Key Takeaways • Caterpillar is integrating Nvidia’s physical AI platforms into its heavy machinery…

The Illinois Department of Human Services (IDHS) disclosed that it inadvertently left sensitive personal and health-related data for more than 700,000 state residents publicly accessible on the internet due to misconfigured privacy settings on internal mapping tools used for resource planning from as early as April 2021 until it was discovered and fixed in September 2025, a lapse spanning over four years; the exposed information affected roughly 672,616 Medicaid and Medicare Savings Program recipients (including addresses, case numbers, and demographic details though not names) and 32,401 customers of the Division of Rehabilitation Services whose names, addresses, case status, and other…

Ford Motor Company announced at the 2026 Consumer Electronics Show a new AI-powered assistant set to debut in its smartphone app in early 2026 and expand into vehicles by 2027 alongside a next-generation BlueCruise advanced driver-assistance system that’s cheaper to build and aimed at bringing hands-free, eyes-off driving (Level 3 autonomy) to a broader market by 2028. The AI assistant, backed by Google Cloud and leveraging off-the-shelf large language models with vehicle-specific data access, will help drivers with tasks ranging from practical load-planning to real-time vehicle queries, while the BlueCruise and underlying “vehicle brain” architecture seek to democratize safety and…

Google is launching major artificial intelligence upgrades to Gmail that aim to turn the decades-old email service into a proactive personal assistant by introducing a personalized “AI Inbox” view that highlights suggested to-dos and key topics drawn from users’ messages, expands AI-powered search and natural language query tools, and adds features like AI-generated summaries and enhanced writing aids; these tools, built on Google’s Gemini AI technology, will be available to some users initially and include both free capabilities and premium options that can sift through email content, answer conversational questions and prioritize important information, redefining how people interact with their…

Disney announced at CES 2026 that its Disney+ streaming service will add short-form, vertical video content in the U.S. later this year to drive daily engagement and appeal to mobile-first consumers who favor quick clips over long movies and series; the new format could include original short clips, repurposed social content, and snippets from existing TV shows and movies, integrated in a feed designed to feel native rather than tacked-on, with executives emphasizing the goal of making Disney+ a daily destination rather than just a long-viewing platform as competitors like Netflix have also experimented with vertical video feeds. Sources: www.techcrunch.com/2026/01/08/disney-is-launching-short-form-videos-this-year/www.deadline.com/2026/01/disney-plus-vertical-videos-ces-1236665836/…

Google co-founder Larry Page is actively loosening business ties with California by relocating several corporate entities — including his family office and ventures in aviation and research — to Delaware and other states, as a proposed one-time 5 % wealth tax on billionaires moves toward California’s 2026 ballot; Page has reportedly already left the state, and other tech billionaires like Sergey Brin have taken similar steps, underscoring growing concern that punitive state tax policy could drive wealthy capital and talent out of the Golden State. Sources: https://techcrunch.com/2026/01/07/larry-page-loosens-business-ties-to-ca-amid-states-proposed-wealth-tax-report/ https://www.businessinsider.com/larry-page-leave-california-wealth-billionaire-tax-koop-google-2026-1 https://www.theguardian.com/us-news/2026/jan/08/billionaire-tax-california Key Takeaways • Pressure from a proposed 5 % one-time wealth…

Iran’s theocratic regime has effectively shut down internet access nationwide as widespread protests over a deepening economic crisis and soaring inflation enter their twelfth consecutive day, leaving the country largely cut off from the outside world. Independent monitoring groups such as NetBlocks and Cloudflare reported a dramatic collapse in connectivity beginning on the evening of January 8, 2026, with traffic data showing a near-total blackout across fixed-line and mobile networks. The blackout coincides with mass demonstrations sparked by the collapse of the Iranian rial and steep price surges for essential goods, which have expanded into broader anti-regime unrest and calls…