Big Four Accounting Firms Overhired. Now They’re Starting to Lay Off Partners.
An Ernst & Young senior partner, during a call with some of the accounting firm’s U.S. partners and staff, delivered...
partnerships
Sam Altman to Join Microsoft Following OpenAI Ouster
Updated Nov. 20, 2023 9:10 am ETSAN FRANCISCO—Microsoft said it is hiring Sam Altman to helm a new advanced artificial-intelligence...
The Executive Trying to Make Microsoft Smarter About AI
Chief Technology Officer Kevin Scott spearheaded the tech titan’s unlikely partnership with OpenAI. Source link
WSJ News Exclusive | Inside Lyft CEO David Risher’s Efforts to Bolster the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form...
Bud Light Faces Boycott Calls, but Punishing Brands Is Harder Than It Looks
CMO TodayResearch shows recent social-media calls to boycott brands such as Goya and Spotify haven’t meaningfully hurt sales and at...
Adidas Slashes Dividend as Problems Mount
A slump in China and a mountain of unsold products are among the challenges facing Adidas after a bruising 2022...
WSJ News Exclusive | GM, LG Scrap Plans to Partner on Fourth U.S. Battery Factory
A U.S. battery-cell factory that had been in the works between General Motors and LG Energy Solution has been shelved...
Adidas to Probe Misconduct Allegations Against Kanye West
Former employees say the sportswear company’s management turned a blind eye to the musician when he was working to develop...
Nike Suspends Partnership With Kyrie Irving After He Shared Anti-Semitic Film
BusinessSportswear giant says it won’t release Kyrie 8 sneaker, one of its flagship products Source link
Adobe to Buy Collaboration-Software Company Figma for About $20 Billion
Adobe, which will pay for the company using roughly half cash, half stock, unveiled the deal with its quarterly results,...
Intel, Brookfield Sign $30 Billion Deal to Finance Chip Factories
Intel Corp. INTC 0.33% has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. BAM 0.14% to...
WSJ News Exclusive | Facebook Marketplace and DoorDash Team Up for Local Deliveries
The deal is an attempt to get more people, especially younger ones, to use Meta-owned Facebook, according to a person...
Netflix Partners With Microsoft for New Advertising-Backed Option
Netflix Inc. NFLX 1.21% said it chose Microsoft Corp. MSFT -0.37% to help launch a low-cost, advertising-supported streaming plan, a...
WSJ News Exclusive | Accounting Firm EY Grapples With Partner Pay, Bear Market in Breakup
Ernst & Young’s leaders, trying to persuade partners to split up the firm, said windfalls would be spread evenly, but...
FanDuel CEO Amy Howe Wants to Help the Sports-Betting Business Grow Up
LOS ANGELES—Ahead of the year’s biggest gambling event, FanDuel Group Chief Executive Amy Howe was spreading her message of confidence...
Biogen to Sell Biosimilar-Venture Stake to Partner Samsung Biologics
Biogen Inc. is selling its share in biosimilar joint venture Samsung Bioepis for at least $2.25 billion to partner Samsung...
Intel Erases Reference to China’s Xinjiang After Social-Media Backlash
SINGAPORE—Intel Corp. removed references to the Chinese region of Xinjiang from an open letter it sent suppliers last month, after...
Stanley Black & Decker CFO Looking for Partnerships With Battery, Chip Makers
Stanley Black & Decker Inc.’s finance chief is spending more time and money trying to strike partnerships with battery and...
BioNTech to Make Covid-19 Vaccines in Singapore
BERLIN— Pfizer Inc. vaccine partner BioNTech SE said it would set up a new Asia headquarters in Singapore to produce...
GOP Senators Release Outline of $568 Billion Infrastructure Plan
WASHINGTON—A group of Senate Republicans released the outline for a $568 billion infrastructure plan, putting out a GOP alternative to...
