HBO Max Is Hollywood’s Newest Streaming Upstart. Can It Become a Star?

The launch of HBO’s streaming service was just three weeks away when HBO Max boss Kevin Reilly laid out the situation for his fellow executives on a video call. The good news, he told them, was the service had more than 100 shows in various states of production. The not-so-good news? Many were in limbo […]

The company that fought against the coronavirus and won

STOCKDORF, Germany: The executive director of a little-known local car supplier had received an alarming email: one of his employees, who had just visited the company’s headquarters, shaking hands with management, including him, had tested positive for the new coronavirus. Thus began the first major outbreak of Covid-19 in Europe, but the most impressive was […]

TikTok adds executive to monitor user data

TikTok said Thursday that he is hiring his first head of information security, as the popular short video application seeks to reassure regulators and legislators that he is securely protecting user data. The new cybersecurity executive, Roland Cloutier, joins ADP’s TikTok, where he served as director of security at the payroll service provider. At TikTok, […]

Kraft and Mondelez will end the fight with the regulator for handling claims

WASHINGTON – Kraft Foods Group Inc. and Mondelez Global LLC are about to pay $ 16 million to settle the regulatory charges that manipulated the wheat futures market. The agreement, if approved by a federal court in Chicago, would resolve an unusual legal confrontation: the companies had accused the Commodity Futures Trading Commission of violating […]

HP rejects Xerox’s high acquisition offer

HP Inc. HPQ -1.20% rejected photocopy XRX -4.27% The offer of $ 35 billion of Holdings Corp. to take over the manufacturer of printers, printer supplies and personal computers, again considers that the offer is too low. On Thursday, HP said a combination would disproportionately benefit Xerox shareholders and that Xerox does not have operational […]

Former UAW president accused of conspiring to embezzle union funds

Gary Jones addresses delegates to the union bargaining convention in Detroit in March 2019. Photo: Carlos Osorio / Associated Press Updated on March 5, 2020 10:21 am ET Federal prosecutors have accused former United Auto Workers president Gary Jones of conspiring to embezzle union funds, making him the former highest-ranking union official to be caught […]

Zoom Video publishes fourth-quarter net earnings in revenue growth of 78%

Zoom Video Communications Inc. posted a quarterly sales growth of 78%, which disappointed some investors who had bet that the videoconferencing company would publish stronger numbers as the spread of the coronavirus drives companies to replace some meetings in person with online meetings. Zoom saw no financial impact from the coronavirus in the last quarter, […]

Uber’s decision in France increases the rights of Gig workers

The highest court of appeals in France ruled that one of Uber technologies Inc. UBER 4.51% Former drivers should be recognized as employees and not as independent contractors, placing France at the forefront of other efforts around the world to grant so-called workers in the labor economy wider employment rights. The decision, which cannot be […]

ViacomCBS explores the sale of Simon & Schuster Publishing House

ViacomCBS Inc. He is looking to sell his book publishing business Simon & Schuster, said CEO Bob Bakish, an agreement that would provide the company with additional cash to spend on its video transmission efforts. The company will seek at least $ 1.2 billion for Simon & Schuster, according to a person familiar with the […]