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After-Hours Stock Movers:

It's arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the Nasdaq-100. 

Disney began offering Hulu as part of its namesake streaming service on Wednesday, bolstering Disney+'s family-friendly content with more general entertainment fare, such as FX's intense kitchen drama «The Bear» and the popular reality show «The Kardashians.» The combined offering, known as «Hulu on Disney+», will be available in an early «beta» version to domestic subscribers to the Disney Bundle of streaming services. The formal launch of the integrated service is scheduled for March.

Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk’s beleaguered social media company, amid concerns about hate speech — as well as reaching a sizeable audience on the platform

Bob Iger has explained why his company has stopped advertising on Elon Musk's social media giant X (formerly Twitter). Iger said that Musk's stance in agreeing with an anti-Semitic post meant that Disney's association with X wasn't a positive one for the company.

(Reuters) — Elon Musk, on a visit to Israel after being assailed for an anti-Jewish post on his social media site X, received a symbolic dog-tag from the father of an Israeli taken captive by Hamas in Gaza and promised to wear it until all the hostages were free.

Elon Musk, UK Prime Minister Rishi Sunak said, "It doesn't matter whether you're Elon Musk or you're someone on the street who's shouting abuse at someone who happens to be walking past you, that's wrong in all its forms". In an interview with Bloomberg News, Sunak subtly slammed Musk's remark, unlike US President Joe Biden who accused the tech entrepreneur of amplifying anti-Jewish hatred on his X social media platform.

Elon Musk's social media company X has filed a lawsuit against liberal advocacy group Media Matters for America

Elon Musk's X Corp is suing liberal media advocacy group Media Matters for allegedly manipulating the social media platform's algorithms and fabricating posts to drive away advertisers. Responding to a post mentioning the lawsuit against Media Matters, Musk said it was only the first of many to be filed against the advocacy group. Also Read| Elon Musk mocks Satya Nadella's message on Microsoft - OpenAI partnership, says ‘Now they will have to…’ A lawsuit filed by Elon Musk's X Corp in a US federal court in Texas was quoted by the New York Times as saying: “Media Matters has manipulated the algorithms governing the user experience on X to bypass safeguards and create images of X’s largest advertisers’ paid posts adjacent to racist, incendiary content, leaving the false impression that these pairings are anything but what they actually are: manufactured, inorganic and extraordinarily rare," Linda Yaccarino also launched a veiled attack on Media Matters after a lawsuit was filed by X Corp.

Elon Musk's social media company X filed a lawsuit against liberal advocacy group Media Matters for America on Monday, saying it manufactured a report to show advertisers' posts alongside neo-Nazi and white nationalist posts in order to «drive advertisers from the platform and destroy X Corp.» Media Matters, a Washington, DC-based non-profit, called the lawsuit «frivolous.»

(Reuters) -Elon Musk threatened on Saturday to sue media watchdog Media Matters and those who attacked his social media platform X, following moves by several large U.S. companies to halt advertising on the site after being promoted alongside antisemitic content.

Elon Musk announced on Saturday that X Corp is gearing up to initiate legal action against Media Matters and individuals involved in the assault on social media platform X. “The split second court opens on Monday, X Corp will be filing a thermonuclear lawsuit against Media Matters and ALL those who colluded in this fraudulent attack on our company," wrote Musk in his post.

White House on Friday condemned Elon Musk's endorsement of what it called a «hideous» antisemitic conspiracy theory on X, while major U.S. companies including Walt Disney Co, Warner Bros Discovery and NBCUniversal parent Comcast paused their advertisements on his social media site. Musk on Wednesday agreed with a post on X that falsely claimed Jewish people were stoking hatred against white people, saying the user who referenced the «Great Replacement» conspiracy theory was speaking «the actual truth.» That conspiracy theory holds that Jewish people and leftists are engineering the ethnic and cultural replacement of white populations with non-white immigrants that will lead to a «white genocide.» The White House accused Musk of an «abhorrent promotion of antisemitic and racist hate» that «runs against our core values as Americans.» «It is unacceptable to repeat the hideous lie… one month after the deadliest day for the Jewish people since the Holocaust,» White House spokesperson Andrew Bates said, referring to the Oct.

Elon Musk's social media platform X, formerly Twitter, in response to the billionaire's public endorsement of antisemitic talk points, as per a CNN report. Musk's controversial statements came at a time when Islamaphobia and antisemitism are on the rise in the US amid the Israel-Gaza war. This is the newest blow for Musk after Apple, Comcast, IBM, Lionsgate, NBCUniversal, Paramount, and Warner Bros.

Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own tweets endorsing an antisemitic conspiracy theory

Fallout from an Elon Musk post endorsing Anti-semitic views continues to spread, prompting a rebuke from the White House and criticism from Tesla Inc. investors as advertisers flee his social media platform, X.

(Reuters) — IBM (NYSE:IBM) on Thursday said it had immediately suspended all advertising on Elon Musk-owned X after a report found its ad were placed next to content promoting Adolf Hitler and the Nazi Party.

A funeral digital memorial business with a chunky list of high-profile backers is rounding up investors for an equity injection.

The NBA and Diamond Sports Group, the largest owner of regional sports networks, have reached an agreement that will keep local broadcasts for 15 teams on Bally Sports through the end of this season

Six Flags and Cedar Fair, two of the largest amusement park companies in the United States and Canada, are merging to combine forces in a transaction valued at $8 billion. The firms, collectively, have influence over 27 theme parks and 15 water parks in the United States of America, Canada, and Mexico. Both Six Flags and Cedar Fair are located in separate regions of North America; therefore, a unified firm could assist them in better managing seasonal attendance fluctuations at their theme parks. Cedar Fair also owns Knott's Berry Farm in Buena Park, California; Schlitterbahn water park in Texas; and Canada's Wonderland in Ontario, in addition to Cedar Point, which is located in Sandusky, Ohio and serves as the company's main amusement park.

Walt Disney Company has said that it will acquire Comcast Corporation-owned NBC Universal's (NBCU) 33% stake in streaming platform Hulu for $8.61 billion at a valuation of $27.5 billion. Disney hopes to complete the transaction by December 1. Walt Disney said the acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives.