latest news in companies
How Disney's Streaming Expansion Is Driving a FuboTV Turnaround
New York, Saturday, 5 September 2026.
FuboTV is mounting an impressive market recovery as it deepens ties with media giant The Walt Disney Company. Following its late-2025 merger with Hulu + Live TV, Disney secured a 70% majority stake in Fubo, transforming the live-streaming platform into a core element of its digital ecosystem. On July 10, 2026, former Disney+ head Alisa Bowen officially took over as Fubo’s Chief Executive Officer to streamline operations and leverage Disney’s extensive advertising network. Despite enduring heavy short-selling pressure, Fubo recently posted record quarterly revenue of $1.574 billion and targets at least $300 million in pro forma adjusted EBITDA by 2028. As macroeconomic headwinds re-evaluate growth stock valuations across the broader media landscape, Fubo’s deep integration into Disney’s infrastructure positions the platform for a significant operational and financial evolution.
Why Doctors Are Pushing Back Against Claims That AI Can Replace Them
Chicago, Saturday, 5 September 2026.
Despite 66% of US doctors using clinical AI, the American Medical Association strongly rejects a new study claiming standalone algorithms will soon deliver superior patient care without human oversight.
Floating Ships Could Power Homes and Run Artificial Intelligence at Sea
San Francisco, Saturday, 5 September 2026.
Innovative offshore vessels like the Kraaken project use server heat and seawater to run data centers while supplying coastal regions with power and millions of liters of fresh water daily.
Disney Raises ESPN Streaming Prices Ahead of Football Season
Burbank, Saturday, 5 September 2026.
Disney is increasing ESPN streaming prices in mid-September 2026, leveraging high-demand college and NFL coverage to test consumer tolerance for higher subscription costs amidst a shifting media landscape.
Generation Income Properties Cuts Debt by $16 Million to Strengthen Balance Sheet
Tampa, Friday, 4 September 2026.
Generation Income Properties slashed its preferred equity balance from $20 million to $4.2 million, extending its payoff deadline to September 30, 2026, to improve cash flow and stability.
Federal Regulators Launch Safety Investigation Into Tesla's New Driverless Taxi
Washington, Friday, 4 September 2026.
US regulators opened a safety probe into Tesla’s steering-wheel-free Cybercab immediately after its Texas launch, questioning self-certification data and triggering a sharp drop in company shares.
Asprofin Bank Enters Embedded Finance to Power Billions in Digital Transactions
Roseau, Friday, 4 September 2026.
Asprofin Bank has partnered with Digital TRVST to launch a new banking service, targeting $5 billion in annual transactions by offering financial capabilities directly within third-party digital platforms.