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Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm
Angela Ahrendts will be joining SKKY Partners as senior operating adviser. Source link
Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals
ESPN’s talks with potential strategic partners are touching on several roles the sports-TV giant could play in the streaming world, including as a major broadcaster
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link
UAW Demands 40% Pay Hike in Labor Talks With Detroit Automakers
The United Auto Workers union is pressing for the substantial wage increase for factory workers at GM, Ford and Stellantis. Source link
Meta's Ray-Ban Smart Glasses Fail to Catch On
The company plans the release of the second generation as less than 10% of the devices purchased are used monthly, an internal company document shows.
PG&E Scraps Tree-Trimming Program Once Seen as Key to Fire Prevention
The California utility spent more than $2 billion on an effort it says was ineffective. Its focus now is on power-line settings. Source link
Meta Offers to Seek Consent for Highly Personalized Ads in Europe
Under pressure from privacy regulators, Meta Platforms has proposed asking all users in Europe to decide whether they would like to see ads targeted based
Real-Estate Deal Gone Bad Hits Popular Crowd Funder
CrowdStreet raised $4 billion by promising big returns to small investors, but many deals were disappointing. Source link
Walmart Pays $1.4 Billion to Boost Flipkart Stake
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link