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Elizabeth Warren Has Concerns Over CBS-Viacom Merger

Democratic presidential candidate Elizabeth Warren expressed concerns about the merger between CBS and Viacom on Thursday, writing in a tweet that the Department of Justice “should be paying attention.” The eyebrow-raising should be expected from Warren, who’s long fought against mega-mergers and the consolidation of corporate power. She’s made breaking up big technology companies such as...

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The Investors Who Face Big Losses From the Quibi Collapse
The Investors Who Face Big Losses From the Quibi Collapse

On Wednesday, video startup Quibi told its investors that it will shut down, a dramatic collapse of a digital media startup that launched just six months ago. Now those investors—from Quibi CEO Meg Whitman to Google, Facebook and J.P. Morgan—are facing losses and figuring out what they may recoup from the flop.

Quibi revealed to investors Wednesday afternoon that, after paying ...

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