Bloomberg Technology
Fmr. TiKTok CEO on Beachbody IPO, Disney+, Leaving TikTok
Feb.11 — Kevin Mayer, strategic advisor at Forest Road Acquisition Corp., discusses the 3-way merger of Beachbody LLC, MYXfitness LLC and his publicly traded SPAC to take Beachbody public and compete in the fitness sector. As a former senior executive at Walt Disney Co., he comments on the success of Disney+ and what he thinks…
Bloomberg Technology
Microsoft’s Big Bets on AI Start to Pay Off
Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg’s Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. ——– Like this video? Subscribe to Bloomberg Tech on…
Bloomberg Technology
Anthropic Weighs Offering 15%-20% of IPO to Retail Investors
Anthropic is weighing a retail offering of 15% to 20% of the shares available in the IPO, according to people familiar with the matter. Those sources say the company behind Claude has tapped JPMorgan Chase to lead the US retail offering. Bloomberg’s Ryan Gould discusses the plans with Ed Ludlow on “Bloomberg Tech.” ——– Like…
Bloomberg Technology
Investors Eye AI Payoff in Microsoft, Alphabet Earnings
Bloomberg’s Ed Ludlow breaks down expectations for Microsoft and Alphabet, which both report earnings after the bell, with Wall Street looking for proof that their massive AI investments are paying off. Plus, Bloomberg reports that Anthropic has tapped JPMorgan to lead the US retail offering for its potentially record-setting IPO. And, Apple is betting consumers…
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Alyssa
February 12, 2021 at 1:07 am
Beach body is an MLM… the products aren’t good enough to be sold through regular distribution and I’d hardly call the distributors “influencers”. This deal stink to me