Peltz Says Disney Streaming Should Target Netflix-Like Profit Margins
Peltz escalated his criticism of Disney as part of his campaign for seats on the entertainment company's board.
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Recent Editions
Justice Department Could Sue Apple Over Antitrust by March
The lawsuit would be the culmination of a five-year investigation into whether Apple has unfairly shut out software and hardware competitors.
Ex-Meta COO Sheryl Sandberg to Leave Meta’s Board
Sandberg will not stand for reelection at Meta's annual meeting in May and then will become an adviser to the company, she said in a post on Facebook.
Amazon Looks to Launch for Paid Version of Alexa
The testing has hit snags, including Alexa giving inaccurate or unnecessarily long responses, according to Business Insider.
YouTube Lays Off 100 on Creator, Partner Support Team
The cuts come one day after YouTube’s owner Google laid off hundreds of people in its ad sales organization.
Altman’s Top Priority Is GPT-5
Artificial intelligence was a big topic at the World Economic Forum in Davos this year.
Benioff Says AI Model Training Data Is ‘Stolen’
The Salesforce CEO was one of many speakers who touched on AI at the World Economic Forum in Davos.
Shein Faces Data Privacy Review From Chinese Regulator
The company is facing scrutiny of its data privacy practices in both China and the U.S.
Amazon Invests in Regional Sports Programmer Diamond
Amazon's deal with Diamond Sports Group includes a minority investment and rights to stream local NBA, NHL and MLB games on Prime Video Channels.
Uniqlo Sues Shein Over Copyright Infringement
Japanese fashion brand alleges Shein copies the design of its popular shoulder bag
Apple Shipped More Phones Than Any Company In 2023, IDC Says
Apple’s success comes as consumers buy more premium devices and because of intense competition among Android devices, which is fragmenting the market.
Supreme Court Won’t Hear Apple-Epic Case, Allowing For Outside Payment
The outcome still allows Apple to introduce measures discouraging developers from using alternative payments, ensuring it will still capture most commissions.
Disney Says Peltz Hasn’t Presented a Single Strategic Idea In Two Years
Nelson Peltz's proxy campaign to win seats on Disney's board is ramping up, prompting scathing criticism from the company about Peltz's lack of ideas.
Morgan Stanley Suffers Drop in Quarterly Profit
Morgan Stanley's new CEO Ted Pick said the bank's profit margins have been hurt by recent purchases, such as of ETrade.
Goldman Reports Big Rise in Profits
Goldman's quarter was boosted by higher contributions from its asset and wealth management units.
Elon Musk Seeks 25% Control Over Tesla
Without it, Musk would “prefer to build” products outside of Tesla, he said.
Apollo Teams Up With Venture Firm to Launch New AI Incubator
The partnership marks a significant step by the private equity giant into the AI venture industry
Google Ad Sales Unit to Cut Hundreds of Jobs
The ad sales layoffs come on top of cuts across Google last week.
JPMorgan Fined $18 Million For Whistleblower Breaches
JPMorgan to pay $18 million to settle charges it impeded hundreds of clients and brokerage customers from blowing the whistle on potential breaches of the law.
Apple Removes Blood Oxygen Monitoring From Watch to Avoid Ban
The outcome is mixed for Apple as it will likely be able to resume sales of the Apple Watch but without one of its key health features.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy