WarnerMedia is planning to keep half of its movies in coming years exclusively for its HBO Max streaming service, according to The LA Times. The entertainment company, owned by AT&T, made the controversial move earlier this year to move its entire film slate to the streaming service in 2020 due to the continued closure of movie theaters from the coronavirus pandemic. And it doesn’t look...
WarnerMedia to Keep Half of its Movies in Coming Years on HBO Max
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
Amazon Starts Latest Round of 9,000 Layoffs
Nasdaq to Launch Crypto Custody Service By End of June
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