Toyota Chairman Akio Toyoda announced the company's intention to explore rocket building, investing in Interstellar Technologies Inc. Meanwhile, Disney merged Hulu + Live TV with Fubo, aiming to consolidate their streaming services. Canadian Prime Minister Justin Trudeau announced his resignation as Liberal Party leader but will remain in office until a successor is chosen.
Toyota Chairman Akio Toyoda said Monday the automaker is exploring the idea of building rockets. Nasdaq Composite both gained ground Monday, fueled by a rally in chip stocks. The S&P advanced 0.55% during the session, and the Nasdaq rose 1.24%. The company is starting with an investment of 7 billion Japanese yen ($44.4 million) in Interstellar Technologies Inc., a Japanese private spaceflight company.
'The future of mobility shouldn't be limited to just Earth or just one car company, for that matter,' Toyoda said, referencing Tesla, whose CEO Elon Musk also leads rocket company SpaceX.Disney announced plans to merge pay-TV streaming provider Fubo with Hulu + Live TV which will have a combined 6.2 million North American subscribers.. Disney will own 70% of the resulting company, which will trade under Fubo's existing ticker. The deal puts two similar streaming options — both of which mimic the traditional cable bundle — under one roof. It also promises Fubo a cash infusion and settles all litigation between Fubo, Disney, Fox and Warner Bros. Discovery over the trio's proposed Venu sports streaming service.Canada's Prime Minister Justin Trudeau speaks to reporters, announcing he intends to step down as Liberal Party leader and Prime Minister, but he will stay on in his post until a replacement has been chosen, from his Rideau Cottage residence in Ottawa, Ontario, Canada, January 6, 2025.He will remain prime minister until a new leader can be selected before general elections later this year.'This country deserves a real choice in the next election, and it has become clear to me that if I'm having to fight internal battles, I cannot be the best option in that election.'Eli Manning #10 of the New York Giants warms up prior to the game against the Philadelphia Eagles at MetLife Stadium on Dec. 29, 2019 in East Rutherford, New Jerse
Technology Politics TOYOTA ROCKETS SPACE EXPLORATION DISNEY STREAMING FUBO HULU JUSTIN TRUDEAU CANADA POLITICS
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