Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says
Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form a $10 billion media giant in the South Asian market. The deal, which WSJ says will close this month, values Disney’s India
Read morePaytm to terminate business with Paytm Payments Bank after central bank’s clampdown
Paytm said Thursday that it will cease working with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from conducting nearly all of its business activities due to supervisory concerns. The Noida-based financial services firm said it expects
Read moreTesla sued for allegedly mishandling hazardous waste in California for years
Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart. The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of
Read moreMedia startup The Messenger disintegrates, leaving staff nothing
They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York Times article today that
Read moreAutonomous vehicle company Motional is about to lose a key backer
Autonomous vehicle company Motional is losing capital support from one of its primary backers as it aims to commercialize a robotaxi service in 2024. Automotive supplier Aptiv — the other half of a $4 billion joint venture with Hyundai that created Motional — said Wednesday it will no longer allocate
Read moreApple Vision Pro: Day One
It’s Friday, February 2, 2024. Today is the day. You’ve been eyeing the Vision Pro since Tim Cook stepped onstage with the product at last year’s WWDC. Longer than that, really, if you factor in the years of rumors, leaks and renderings. The price wasn’t anywhere near what you had hoped,
Read moreSenate hearing with five social media CEOs was a missed opportunity
Five social media CEOs were sworn in on Wednesday for what could have been the most eventful children’s online safety hearing yet. But even with some of tech’s most powerful figures under oath, the four-hour hearing was anti-climactic. The Senate subpoenaed recently appointed X CEO Linda Yaccarino, Discord’s Jason Citron
Read moreSpice up your desktop with these unusual keyboards from Keychron, HHKB, Cloud Nine and others
Mechanical keyboards are everywhere these days, and there’s a larger variety now than ever before. If you’re looking to pick one up but want to look beyond the most common layouts and types, read on. Here are 8 mechanical keyboards that stick out from the pack. Feker Alice 80 My
Read moreEuropcar says someone likely used ChatGPT to promote a fake data breach
On Sunday, a user in a well-known hacking forum advertised what they claimed was a cache of stolen data from the rental car giant Europcar. The user claimed to have stolen the personal information of more than 48 million Europcar customers, and said they were “listening to offers” to sell
Read moreSnap CEO says 20 million U.S. teens use Snapchat, but only 200,000 parents use its Family Center controls
During today’s Senate Judiciary Committee hearing on kids’ online safety, Snap CEO Evan Spiegel shared that 20 million teenagers use Snapchat in the United States and that around 200,000 parents use its Family Center supervision controls. He also shared that approximately 400,000 teen accounts have been linked to a parent’s
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