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entertainment media/telecom

Disney Confirms Plans to Launch Ad-Supported Tier of Disney+

Disney announced on Friday it will launch an ad-supported subscription tier for its Disney+ streaming service, confirming The Information’s report about the plans. The company will introduce the new tier in the U.S. this year and expand it internationally in 2023. Disney didn’t disclose pricing. But most of the other ad-supported services that have launched over the past couple of years are...

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SEC Probes Whether SoftBank-Backed Messaging App Misled Investors
Abraham Shafi, CEO of IRL (left), and Masayoshi Son, CEO of Softbank.
The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws, including in the way the startup described its business performance during talks with investors, according to people with knowledge of the situation. The SEC investigation began after The Information reported in May that some IRL employees had expressed concern to...
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Plaid Cuts 20% of Staff After Growth Falls Short
U.S. National Security Deal on TikTok Held Up on Security Concerns
Pinterest Adds Elliott Management Executive to its Board
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startups venture capital
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The 1:1 policy
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Microsoft CEO Satya Nadella. Photo by Bloomberg
Exclusive microsoft
Microsoft Eyes ‘Super App’ to Break Apple and Google’s Hold on Mobile Search
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Opinion economy
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Animation by Clark Miller
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Photo by Bloomberg.
Exclusive
Marc Lore’s Kitchen on Wheels Startup Cuts Staff, Dials Back Delivery Ambitions
Wonder, a mobile kitchen and food-delivery startup led by Jet.com founder Marc Lore, has laid off 7% of its workforce, a company spokesperson said, as it attempts to overhaul its business.