Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg's Chris Palmeri discusses Disney's plans and how they fit into the changes the wider entertainment industry is experiencing. He joins Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Also co-founder and president Chris Yu told TechCrunch that he wanted to prioritize autonomous vehicles.
When Rivian quietly spun off its micromobility brand, Also, a lot of observers wondered if the luxury EV maker had bitten off more than it can chew. Chris Yu insists that's not the case. Yu, a Stanford aeronautics PhD and former CTO at Specialized, runs the startup as an independent business that counts Rivian as […]
Does having a touch-screen Mac eliminate the market for the iPad? On this episode of the Power On podcast, Bloomberg's Mark Gurman and Chris Welch discuss whether Apple's new touch-screen MacBook Pro will end up competing with its own iPad. (Source: Bloomberg)
Merryn Somerset Webb sits down with Chris Clothier, co-chief investment officer at CG Asset Management, to discuss the fragile economics of the AI boom and what could bring the spending spree to an end. They also explore the case for inflation-linked bonds, the growing fiscal risks facing governments, where investors can find safe havens in stretched markets and why, despite his concerns about inflation, Clothier’s firm doesn’t own any gold. (Source: Bloomberg)
On this episode of the Power On podcast, Chris Welch joins Mark Gurman to unpack reports of cracked displays and why Apple’s limited supply has made getting a replacement so difficult. (Source: Bloomberg)
