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Antenna: 9% of Netflix's US sign-ups in November were for its ad tier; 57% of subscribers to the plan were re-joining or new signups, while 43% downgraded (Sarah Krouse/Wall Street Journal)
Sarah Krouse / Wall Street Journal: Antenna: 9% of Netflix’s US sign-ups in November were for its ad tier; 57%…
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A profile of OpenAI, which raised $1B from Microsoft after Sam Altman demoed an AI model to Satya Nadella in 2019, as some remain skeptical about its revenue (Wall Street Journal)
Wall Street Journal: A profile of OpenAI, which raised $1B from Microsoft after Sam Altman demoed an AI model to…
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Epic Games agrees to pay the FTC $520M to settle two allegations that it violated kids' online privacy rules and tricked users into making unintended purchases (Wall Street Journal)
Wall Street Journal: Epic Games agrees to pay the FTC $520M to settle two allegations that it violated kids’ online…
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Accounting firm BDO, whose Italian member BDO Italia recently signed off on reserves reports for Tether, says it is reconsidering its work for crypto companies (Wall Street Journal)
Wall Street Journal: Accounting firm BDO, whose Italian member BDO Italia recently signed off on reserves reports for Tether, says…
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Sources: TuSimple plans to cut at least half its workforce, or ~700 employees, next week, as it scales back on building and testing self-driving truck systems (Heather Somerville/Wall Street Journal)
Heather Somerville / Wall Street Journal: Sources: TuSimple plans to cut at least half its workforce, or ~700 employees, next…
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Private equity firm Advent plans to acquire Maxar, which operates 90 satellites that collect images used by Google Maps and others, for $6.4B including debt (Miriam Gottfried/Wall Street Journal)
Miriam Gottfried / Wall Street Journal: Private equity firm Advent plans to acquire Maxar, which operates 90 satellites that collect…
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Sources: TikTok's efforts to cut ties with Beijing-based ByteDance have stumbled over hiring and retaining talent, as some key staff remain based in China (Raffaele Huang/Wall Street Journal)
Raffaele Huang / Wall Street Journal: Sources: TikTok’s efforts to cut ties with Beijing-based ByteDance have stumbled over hiring and…
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