Tag: Business

Elon Musk Makes Hostile Takeover Bid for Twitter

Elon Musk has made a bold play to take over Twitter in its entirety with a reported $43.4 billion offer. Musk also tweeted the SEC filings saying, “I made an offer.”  I made an offer https://t.co/VvreuPMeLu — Elon Musk (@elonmusk) April 14, 2022 The SEC filings state, “There...

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Elon Musk Buys into Twitter

If ever there was a time for that Ron Paul “It’s happening!” gif, this would probably be it. Earlier today, an SEC filing revealed that Elon Musk, CEO of Tesla, occasional movie producer, and all-around fun-loving billionaire, has purchased 73,486,938 shares of Twitter, giving him 9.2% ownersh...

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Netflix Cracking Down on Password Sharing?

Netflix is preparing to charge users in Chile, Costa Rica, and Peru an extra fee for sharing account credentials between households. This initiative will serve as a test for the company to help determine how to address widespread password sharing among customers. Last year, a similar test was run th...

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Ad-Supported Disney+ is About “Consumer Choice”

Disney CFO Christine McCarthy has refuted claims that Disney+’s upcoming “with ads” version is a “Hail Mary” play to get more subscribers. The financial executive insists that the introduction of more streaming versions is being done to offer more options to the consumer. McCarthy says Dis...

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Popular Disney Experience Ruined

Anyone who knows anything about the Disney Parks knows that part of the high pricing is the experience that comes with it. That’s what a lot of us are paying for, and it’s why we don’t mind shelling out lots of money to take a Disney vacation. It’s not just a bunch of theme p...

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The CW is for Sale

The Arrowverse may be getting a new home. The Wall Street Journal reports that ViacomCBS and WarnerMedia are selling the CW network. (The Journal article is behind a paywall, but you can see the details at The Hollywood Reporter, who confirmed the story from “multiple sources” soon after the Jou...

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