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Kim Kardashian Taps Ex-Apple, Burberry Executive for Private-Equity Firm
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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