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The Information
Martin Peers @ The Information · 08/09/2024 18:30 EDT

It’s Friday and lots of people are on vacation. That makes this an ideal time to dive into a really wonky subject—accounting. Fun! Don’t click away just yet. This is actually interesting. Two aging entertainment companies, Warner Bros. Discovery and Paramount Global, both chose this week to reveal multibillion-dollar write-downs of their businesses, an admission that their TV networks aren’t worth anything like what they used to be worth. What’s funny is that not too long ago they had decided such write-dow

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Comcast plans to spin off most of NBCUniversal’s cable TV networks including MSNBC, CNBC, USA and Oxygen, according to a person with knowledge of the matter. The decision, which comes a month after company executives first floated the idea to investors and analysts, could pave the way for more ... Read more

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The Information
Michael Roddan @ The Information 1 place · 11/23/2024 09:00 EDT

Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more

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The Information
Erin Woo @ The Information 2 place · 11/21/2024 16:19 EDT

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The Information
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The Information
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The Information
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The Information
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The Information
Rocket Drew @ The Information 3 place · 11/21/2024 17:52 EDT

Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more

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The Information
Theo Wayt @ The Information 3 place · 11/21/2024 11:13 EDT

Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more

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The Information
Erin Woo @ The Information 2 place · 11/19/2024 22:07 EDT

Musk Joined Call Between Trump, Google CEO

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