NBCUniversal unveiled its entry in the video streaming market, Peacock, on Thursday and its subscriber expectations appear modest. Four years after launching, NBCU projects it will have 30 to 35 million “active users.” That’s less than half of Disney Plus’s estimate—60 to 90 million—although that service is going to be global, while Peacock is only in the U.S. HBOMax, from WarnerMedia, projects...
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Inside the Culture Clash at JPMorgan and WePay
When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal. But it didn’t all go to plan. As the bank tried to digest the...
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