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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

Warner Bros. Discovery Revenue Falls
Business

Warner Bros. Discovery Revenue Falls

The company’s streaming segment shed subscribers in the second quarter after the launch of its new service, Max. 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.

Yellow's Shutdown Could Cost Taxpayers Money
Business

Yellow's Shutdown Could Cost Taxpayers Money

Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by

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

Elon Musk's X Sues Nonprofit That Accused It of Allowing Hate Speech
Business

Elon Musk's X Sues Nonprofit That Accused It of Allowing Hate Speech

The social-media company alleges that the Center for Countering Digital Hate prepares its research using flawed methodologies to censor viewpoints it disagrees with. Source link

Fox to Wind Down Sports-Betting Site Fox Bet
Business

Fox to Wind Down Sports-Betting Site Fox Bet

The broadcaster is closing its sports-betting venture after it failed to grow as quickly as more dominant competitors in the market. Source link

At the Core of Hollywood's AI Fight: How Far Is Too Far?
Business

At the Core of Hollywood's AI Fight: How Far Is Too Far?

Studios see potential in the technology, while actors, writers and other industry workers fear the worst. Source link