Morningstar
Dow Jones Top Company Headlines at 3 AM ET: Star AI Researcher Is Leaving Meta | Ford ...
xCruzo Brief
A busy early-morning roundup of major business and tech headlines begins with an AI talent shake-up: Andrew Tulloch, a star AI researcher, is leaving Meta less than a year after receiving a reported $1 billion pay package. In auto news, Ford’s CEO said it saw “basic misunderstandings” in a letter from the U.S. transportation secretary, reflecting the political sensitivity around Chinese automakers entering the U.S. Apple debuted a new foldable iPhone “Duo,” set to start at $1,999, alongside a new CEO and higher prices. Other items include a $224 million drone consolidation deal in Ukraine, DOJ requests for more information on a Fox-Roku deal, and Porsche projecting wider margins after a $1.2 billion Bugatti-Rimac sale.
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