Reed Hastings: a life out of the ordinary
Getting there first is everything in business. But if you understand how the world is changing and can use evolution to your advantage, you have more than just a great…
US DOJ could seek break up of Live Nation
By Niket Nishant and Peter Henderson (Reuters) – The U.S. Department of Justice and a group of states will sue Live Nation Entertainment, potentially seeking a break up, Bloomberg News…
Netflix hits 40 million users for ad-supported plan
By Jaspreet Singh (Reuters) – Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign that its…
Musk sees fourth flight of SpaceX’s Starship in 3-5 weeks
By Gursimran Kaur (Reuters) – SpaceX’s Starship rocket, a futuristic vehicle designed to eventually carry astronauts to the moon and beyond, will probably have its fourth flight in 3-5 weeks,…
Paramount will let exclusive talks with Skydance lapse
By Dawn Chmielewski (Reuters) – Paramount Global will end exclusive negotiations with Skydance Media without a deal, according to a person familiar with the discussions, allowing it to evaluate a…
Paramount replaces CEO with trio as it talks merger with Skydance
By Lisa Richwine LOS ANGELES (Reuters) – Paramount Global replaced CEO Bob Bakish with atrio of executives, the company announced on Monday in the middle of talks with David Ellison’s…
Meta opens Quest operating system to third-party device makers
By Yuvraj Malik and Katie Paul (Reuters) – Meta Platforms is sharing its Quest headset’s operating system with rival device makers, including Microsoft, for the first time, it said on…
Netflix slips as move to end sharing subscriber count raises growth doubts
By Roshan Abraham and Harshita Mary Varghese (Reuters) – Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning…
Epic Games proposes Google app store reforms after antitrust win
By Mike Scarcella (Reuters) – “Fortnite” video game maker Epic Games has urged a federal judge in California to force Google to open up its Play Store to greater competition…
Dell reduces workforce as part of broader cost cuts
By Mehnaz Yasmin (Reuters) – Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganizations, it said in…