Netflix and Sony Are Reportedly Circling Letterboxd. They Want More Than Movie Reviews
Bankers are reportedly floating a $250-million valuation for the film platform—more than four times its 2023 value.
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In the blogs: The royal treatment
Jordan’s Revenge; generative AI; faulty assumptions; and other highlights from our favorite tax bloggers.
Japan’s Nikkei falls in volatile trade as tech tracks Nasdaq selloff
TOKYO: Japan’s Nikkei share average fell in choppy trade on Wednesday, weighed down by technology stocks after the tech-heavy Nasdaq posted sharp overnight losses. The benchmark Nikkei was down 0.72% at 67,763,91, as of 0157 GMT, after flitting between a 1.66% drop and a 0.25% gain. The broader Topix index fell 0.62% to 4037.16. Technology…
A self-driving Waymo just reported its own passengers to police
If you think no one is paying attention inside your driverless taxi, think again. Two California teenagers were detained Monday after a Waymo detected suspicious behavior during their ride and alerted police in San Mateo. The teenagers were allegedly spotted drinking alcohol and using toy guns to shoot Orbeez—small, squishy jelly-bean-like water beads—out the windows,…
85% of Financial Firms Plan AI Budget Increases
Enterprise artificial intelligence (AI) is no longer just a technology project. It is becoming a line item with momentum. That’s the clearest signal from “The Enterprise AI Benchmark Report: Financial Services Pulls Ahead in the Enterprise AI Race,” a new PYMNTS Intelligence study based on a March survey of 60 senior technology executives at U.S. enterprises with…
CFPB, in major turnabout, to revisit credit-card late fees
Russell Vought, the acting director of the Consumer Financial Protection Bureau. Bloomberg News Processing Content Key insight: Analysts view the development of a new CFPB rule as highly unlikely, given that a previous rule was struck down by a judge. What’s at stake: Credit-card issuers sued and successfully killed a Biden-era rule that would have…
Oscar Health’s Mark Bertolini on making ‘healthcare work for all’
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning….
