Five years ago, 23andMe was one of the buzziest startups in the world. Now, 23andMe’s stock is worth less than $1. WSJ’s Rolfe Winkler unpacks the startup’s meteoric rise and fall. Further Reading and Watching: - 23andMe’s Fall From $6 Billion to Nearly $0 - How 23AndMe Went From a $6 Billion Valuation to a Penny Stock - 23andMe Mulls Possible Split, Shares Fall After Disappointing Results Learn more about your ad choices. Visit megaphone.fm/adchoices
While the National Football League was getting ready for yesterday’s Super Bowl, major news was announced that caught high-level NFL executives off guard: Disney, Fox and Warner Bros. Discovery said they are teaming up to create a new sports streaming service. WSJ’s Joe Flint explains what we know about the new venture and how it could change sports broadcasting. Further Reading: -ESPN, Fox and Warner Team Up to Create Sports Streaming Platform -Why Three Media Giants Made a Hail Mary Bet on Spo...
As the 49ers contend for Super Bowl rings this Sunday, the team has another battle to fight. The 49ers are in a decadelong war with their home city of Santa Clara over whether the team's $1 billion stadium is providing the economic boost promised. WSJ’s Zusha Elinson unpacks the conflict, which has involved lawsuits and heated local elections. Further Reading: - Why the 49ers and Their Home City Are in a Decadelong Fight Further Listening: - The Long-Last Super Bowl Learn more about your ad choi...
In December, the Colorado Supreme Court ruled that Donald Trump couldn’t appear on the presidential ballot because his actions on January 6 disqualified him. The case made its way to the U.S. Supreme Court. WSJ’s Jan Wolfe listened to today’s arguments, and explains why it appears the decision will likely be overturned. Further Listening: - The Prosecutor Bringing a Racketeering Case Against Trump - Meet Jack Smith, the Special Counsel Prosecuting Trump - Pro-Trump Mob Storms the Capitol Further...
Music from major artists like Taylor Swift and The Weeknd has been muted on TikTok after a licensing deal fell apart. WSJ’s Anne Steele breaks down what happened to billions of videos and why the two companies are at loggerheads over the terms of a new deal. Further Reading and Watching: - Bad Blood: Why TikTok Videos With Taylor Swift and Other Universal Artists Are Now Silent - Universal Music Group Poised to Stop Licensing Music to TikTok Further Listening: - How TikTok Became the World's Fav...
Mark Cuban is best known as a panelist on the reality TV show “Shark Tank” and for his ownership of the NBA’s Dallas Mavericks. Now, the billionaire investor is switching gears. This will be his last season on “Shark Tank,'' and he recently sold a majority stake in the Mavericks. Instead, he’s focusing more on an industry he wants to disrupt: healthcare. Further Reading: -Mark Cuban Enters Elon Musk’s Echoverse of Madness -Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson F...
Elon Musk and some members of Tesla's board of directors have deep personal and financial ties. The connections are an extreme blurring of friendship and fortune and raise questions among some shareholders about the independence of the board members charged with overseeing Musk. WSJ's Rebecca Elliott reports. Further Reading: - The Money and Drugs That Tie Elon Musk to Some Tesla Directors - Elon Musk’s $55.8 Billion Tesla Pay Package Struck Down by Judge - Elon Musk Has Used Illegal Drugs, Worr...
Amid a deepening humanitarian crisis in Gaza, no aid group has the reach of the United Nations Relief and Works Agency, the organization that for decades has provided schooling, healthcare and other assistance to Palestinian refugees in Gaza. But an Israeli intelligence report alleges that 12 UNRWA staff members were directly linked to the Oct. 7 attacks on Israel. As WSJ’s David Luhnow explains, the fallout could put millions of lives on the line in Gaza. Further Listening: The Hospital at the ...
Paramount Global is a media titan and lately potential buyers have been circling, hoping to get some of its parts. But as WSJ’s Jessica Toonkel explains, there’s a problem. The company’s owner is only interested in selling the whole thing. Further Reading: -Allen Media Group Makes $14.3 Billion Offer for Paramount Global -Skydance Backers Explore All-Cash Deal To Gain Control of Paramount -Warner and Paramount CEOs Discussed Possible Merger of Companies Learn more about your ad choices. Visit me...
The U.S. and the European Union have promised Ukraine billions of dollars in new financial aid to keep the country running as the war with Russia drags on. But both pledges have been delayed by political infighting in Washington and Brussels. WSJ’s Chelsey Dulaney reports that without this foreign money, the Ukrainian government could be forced to take painful economic measures to stay afloat. Further Reading: - Ukraine’s $30 Billion Problem: How to Keep Fighting Without Foreign Aid Further List...
Argentine President Javier Milei took office in December promising a free-market revolution to fix the country’s ailing economy. In an interview with The Wall Street Journal, Milei explained his agenda, which includes privatizing state companies and slashing government spending. WSJ’s Ryan Dubé unpacks Milei's goals and the challenges he faces. Further Reading and Watching: - Argentina’s President Promised a Free-Market Revolution, and Says He’s Delivering - Argentina’s Libertarian President Urg...
Three U.S. service members were killed and at least 34 injured in a drone strike in Jordan on Sunday. It’s the latest in a series of attacks in the Middle East by armed militia groups linked to Iran. WSJ’s Sune Engel Rasmussen explains how Iran uses these groups to fight proxy wars and to extend its influence in the region. Further Reading: - Three U.S. Troops Killed in Drone Attack in Jordan - U.S. Failed to Stop Attack in Jordan After Mixup Over Drone Identity Further Listening: - ‘We Were Att...
Russian billionaire Dmitry Rybolovlev owned art by da Vinci, Picasso and Magritte. But over more than a decade, he says his trusted art dealer defrauded him by as much as $1 billion. WSJ’s Kelly Crow tells us about the case that Rybolovlev alleges is the biggest art fraud in history. Further Listening: - The Basquiat Sisters on Managing One of Art's Hottest Brands - How an Antiques Dealer Uncovered a Massive Museum Heist Further Reading: - Fraud, or Just a Bad Deal? Oligarch and Sotheby’s to Bat...
A few years ago, the founder of Chinese automaker BYD was worried the company might not survive. But last year, BYD surpassed Tesla to become the world’s top seller of electric vehicles. WSJ’s Selina Cheng chronicles BYD’s ascent, as well as the challenges it faces holding onto the top spot. Further Reading: - How China’s BYD Became Tesla’s Biggest Threat - Surpassing Tesla, China’s BYD Will Take On the World in 2024 - A Lamborghini-Style EV: BYD Goes Upmarket to Outmaneuver Tesla Further Listen...
If you own an Apple Watch, you may have noticed the device’s pulse oximeter feature. Masimo, a medical technology company, claims that the oximeter technology is theirs and it is suing Apple. Masimo CEO Joe Kiani and WSJ’s Aaron Tilley on the story of how Masimo decided to take on a tech giant. Further Listening: -One Company’s Quest to Burst Apple’s Blue Bubble Texts Further Reading: -The Entrepreneur Who Bet His Company on a Fight With Apple -Apple to Remove Blood-Oxygen Sensor From Watch to A...
