Fox News is preparing to cut ties with its biggest star, Bill O’Reilly, according to people close to the situation.
A final decision on Mr. O’Reilly’s fate could come as early as the next several days, the people said.
Mike Flynn, President Donald Trump’s former national security adviser, has told the Federal Bureau of Investigation and congressional officials investigating the Trump campaign’s potential ties to Russia that he is willing to be interviewed in exchange for a grant of immunity from prosecution, according to officials with knowledge of the matter.
The White House is reviewing whether to retain National Security Adviser Mike Flynn amid a furor over his contacts with Russian officials before President Donald Trump took office, an administration official said Sunday.
Mr. Flynn has apologized to White House colleagues over the episode, which has created a rift with Vice President Mike Pence and diverted attention from the administration’s message to his own dealings, the official said.
“He’s apologized to everyone,” the official said of Mr. Flynn.
When Snap Inc. goes on the road next year to market its initial public offering, it will be touting more than its popular virtual-messaging service.
Evan Spiegel, the company’s 26-year-old founder, is expected to figure prominently in conversations with investors during the marketing process, known as a roadshow, according to people familiar with the matter.
10/21/2016: AT&T-Time Warner Talks Could Set Off Deal Frenzy
Apple Inc. a few months ago approached Time Warner Inc. about pursuing a combination, and though the discussions didn’t progress beyond a preliminary stage, Apple is now monitoring the situation, people familiar with the matter said Friday.
Big ad buyers and marketers are upset with Facebook Inc. after learning the tech giant vastly overestimated average viewing time for video ads on its platform for two years, according to people familiar with the situation.
Apple Inc. has tapped a highly regarded senior executive who helped bring to market many of Apple’s signature products to oversee its fledgling automobile project, according to people familiar with the matter.
Bob Mansfield had stepped back from a day-to-day role at the company a few years ago, after leading the hardware engineering development of products including the MacBook Air laptop computer, the iMac desktop computer, and the iPad tablet. Apple now has Mr. Mansfield running the company’s secret autonomous, electric-vehicle initiative, code-named Project Titan, the people said.
As New York City Mayor Bill de Blasio’s 2017 re-election bid draws closer, Gov. Andrew Cuomo is strategizing whether and how to work against his fellow Democrat, a move that would pose a threat to the mayor’s campaign but carry its own political risks for the governor.
Mr. Cuomo has dissected Mr. de Blasio’s poll numbers with political allies, weighing whether the mayor can be defeated, according to people familiar with the matter.
Apple Inc. is in exploratory talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z, according to people familiar with the matter.
Chinese Internet major Tencent Holdings Ltd. is in talks with SoftBank Group Corp. to buy the Japanese telecommunications giant’s majority stake in Supercell Oy, the Finland-based maker of some of the world’s most popular mobile games, according to people briefed on the discussions.
Theranos Inc. has told federal health regulators that the company voided two years of results from its Edison blood-testing devices, according to a person familiar with the matter.
Nissan Motor Co. is considering buying about a one-third stake in Mitsubishi Motors Corp. for about 200 billion yen ($1.8 billion) to become the latter company’s single largest shareholder, a person familiar with the matter said Thursday.
Twitter Inc. cut off U.S. intelligence agencies from access to a service that sifts through the entire output of its social-media postings, the latest example of tension between Silicon Valley and the federal government over terrorism and privacy.
The move, which hasn’t been publicly announced, was confirmed by a senior U.S. intelligence official and other people familiar with the matter. The service—which sends out alerts of unfolding terror attacks, political unrest and other potentially important events—isn’t directly provided by Twitter, but instead by Dataminr Inc., a private company that mines public Twitter feeds for clients.
4/26/2016: Facebook Developing Camera-First Format
Facebook Inc. is developing a stand-alone camera app to encourage its 1.6 billion users to create, and share, more photos and videos, people familiar with the matter said.
A prototype of the app developed by Facebook’s “friend-sharing” team opens to a camera, similar to disappearing photo app Snapchat, the people said. Another planned feature allows a user recording video through the app to begin live streaming, they added.
Verizon Communications Inc. and Hearst Corp. are close to buying Complex Media, the online publisher whose readership skews toward young males, according to people familiar with the matter.
Facebook Messenger is getting down to business.
At its annual F8 developer conference this coming week, Facebook Inc. will feature enhanced tools for commerce over its Messenger app, according to people familiar with the matter. The new offerings will use so-called chatbot technology to help users order goods and services through the app, the people said.
The days of waiting six or more years between videogame-console releases are coming to an end.
Sony Corp. is planning to sell a more powerful version of its PlayStation 4 machine to handle higher-end game experiences, including virtual reality, people familiar with the matter said, while continuing production of its existing console that has so far sold more than 36 million units world-wide.
Mr. Dorsey, who was previously chairman of Twitter, had told the company that one condition of returning as CEO was that the entire board must eventually be replaced, according to one of the people familiar with the matter.
The Apple Inc. veteran tasked with spearheading the company’s efforts to build an automobile is leaving the company, according to people familiar with the matter.
Steve Zadesky, a 16-year Apple veteran who has been overseeing its electric-car project for the last two years, has told people he is leaving the company. The timing of his departure isn’t clear. He is still at Apple for now.
A person familiar with the matter said Mr. Zadesky’s departure was for personal reasons and wasn’t related to his performance. Mr. Zadesky didn’t immediately respond to a message sent through LinkedIn.
Merger talks between large cooperative banks in Italy are intensifying as two lenders circle Banca Popolare di Milano Scarl with a view to a potential tie-up.
People familiar with the matter say Banca Popolare di Milano, a small lender based in the wealthy Lombardy region, is in separate talks about merging with either cooperative bank Banco Popolare SC or UBI Banca SpA, Italy’s fourth- and fifth-largest lenders by assets, respectively.
One of Twitter’s most beloved features is set to change: The company is planning to extend its 140-character limit to as many as 10,000, according to a person familiar with the matter.
The fate of troubled Internet portal Yahoo Inc. may be decided in a marathon series of board meetings this week.
Yahoo’s board plans to weigh a potential sale of the company’s core business during a series of meetings beginning Wednesday and continuing through Friday, people familiar with the matter said.
10/27/2015: Walgreens Nears Deal to Buy Rite Aid
Walgreens Boots Alliance Inc. is in advanced talks to buy Rite Aid Corp. in a deal that would unite the nation’s second- and third-largest drugstore chains.
A deal is expected to be announced Wednesday, according to people familiar with the matter. Rite Aid had a market value of more than $6 billion Monday afternoon, meaning that with a typical premium, a takeover deal could value the company at close to $10 billion. That doesn’t include its hefty debt load, which totaled $7.4 billion in August.
Four years after Steve Jobs’s death, a new movie is reopening a debate over the Apple Inc. co-founder’s legacy.
Mr. Jobs’s allies, led by his widow, Laurene Powell Jobs, say the film “Steve Jobs,” and other recent depictions, play down his accomplishments and paint Mr. Jobs as cruel and inhumane. Ms. Jobs repeatedly tried to kill the film, according to people familiar with the conversations. She lobbied, among others, Sony Pictures Entertainment, which developed the script but passed on the movie for financial reasons, and Comcast Corp.’s Universal Pictures, which is releasing the $33.5 million production on Friday.
9/21/2015: Apple speeds up electric car work
Apple Inc. is accelerating efforts to build an electric car, designating it internally as a “committed project” and setting a target ship date for 2019, according to people familiar with the matter.
BuzzFeed is eyeing a big expansion in Los Angeles.
The rising digital media star is in discussions to lease a century-old former Ford auto factory on the southeastern edge of Los Angeles’ downtown, according to people familiar with the talks.
The 250,000-square-foot potential lease suggests large West Coast ambitions for the company, which is hot off a $200 million investment from NBCUniversal that valued it at around $1.5 billion. BuzzFeed is considering multiple options in addition to the former Ford factory, according to a person familiar with the negotiations.
A group of German auto makers agreed to pay slightly more than €2.5 billion ($2.71 billion) for Nokia’s digital mapping service, prevailing over Silicon Valley bidders in a battle for a key enabling technology for self-driving cars.
German luxury car makers Audi, a unit of Volkswagen AG, Mercedes-Benz parent Daimler AG, and BMW AG have agreed in principle to purchase the telecommunications group’s digital mapping service Nokia Here, according to a person familiar with the situation.
A decline in subscribers as customers trim their cable bills, coupled with rising content costs and increased competition, has ESPN in belt-tightening mode, people familiar with the situation say.
6/21/2015: Dollar Shave Club is valued at $615 million
Lots of videos go viral. Few prove as lucrative as Michael Dubin’s.
Three years ago the Dollar Shave Club founder launched his company with a hilarious video poking fun at the pain and expense of shaving. The video has been viewed 19 million times.
Today the mail-order razor business is valued at $615 million after closing a new $75 million funding round led by Technology Crossover Ventures, according to people familiar with the matter.
Fitbit Inc., the maker of wearable fitness-tracking devices, priced its initial public offering at $20 a share, above already raised expectations, according to a person familiar with the offering.
The deal raised about $732 million for the company and some of its shareholders by selling 36.6 million shares, according to the person familiar with the deal, and gives Fitbit a valuation of about $4.1 billion. That total doesn’t count a so-called overallotment option, which gives underwriters the opportunity to sell additional shares under certain circumstances.
The search to replace New York’s former top financial regulator, Benjamin Lawsky, has attracted the involvement of one of the banking industry’s harshest critics: U.S. Senator Elizabeth Warren (D., Mass.).
In recent weeks, Ms. Warren has placed calls to top staffers for New York Gov. Andrew Cuomo and others assigned to identify a successor to Mr. Lawsky, according to a person with direct knowledge of the search process. Ms. Warren’s advice: Tap Rohit Chopra, the student loan ombudsman and assistant director of the Consumer Financial Protection Bureau, which she helped start up and initially ran.
People familiar with the talks don’t expect the de Blasio administration to get its way on a key issue: ending “vacancy decontrol”—the practice of exempting regulated apartments from rent controls once their rents hit a threshold, currently $2,500, and letting them go for market rates. Mr. de Blasio wants to end vacancy decontrol and put a cap on rent increases, a move championed by liberal lawmakers as crucial to strengthening rent laws.
5/28/2015: J.P. Morgan aims to cut 5,000 jobs
J.P. Morgan Chase & Co. is cutting more than 5,000 jobs in an effort to trim costs and become more efficient.
The cuts already have begun, according to people familiar with the decision, and are part of a broader industry move toward Internet and mobile banking. The bank will cut at least 2% of its current workforce in the next year.
Federal prosecutors are likely to bring criminal charges against General Motors Co. over an ignition-switch defect linked to more than 100 deaths, but they still have to hash out key issues with GM including whether the auto maker will need to plead guilty and how big a fine it will have to pay, people familiar with the matter said.
Prosecutors have conveyed to GM that a settlement is likely and have had initial conversations about a deal in recent months, but the contours have yet to be set, some of the people familiar with the matter said.
One of the major sticking points between prosecutors and the company is likely to center on whether GM will plead guilty or enter a so-called deferred-prosecution agreement, they said. The size of the fine is also likely to be a point of contention, they said.
5/18/2015: Behind Apple’s move to shelve TV plans
Investor Carl Icahn said he expects Apple Inc. to introduce an ultra-high-definition television in 2016. But after nearly a decade of research, Apple quietly shelved plans to make such a set more than a year ago, according to people familiar with the matter.
Apple had searched for breakthrough features to justify building an Apple-branded television set, those people said. In addition to an ultra-high-definition display, Apple considered adding sensor-equipped cameras so viewers could make video calls through the set, they said.
5/15/2015: FBI delves into dubious Avon bid
The Federal Bureau of Investigation is looking into the origins of an apparently bogus takeover offer for Avon Products Inc. filed with regulators Thursday that rattled traders and raised questions about the U.S. public securities filing system.
The FBI inquiry is in its initial stages and comes amid a parallel civil probe by the Securities and Exchange Commission, which shared information with the FBI about the matter, according to people familiar with the situation. FBI involvement is an indication those responsible for the apparently fake filing may have violated criminal statutes.
Blue Apron Inc. is assembling the ingredients for a multibillion-dollar valuation.
The New York-based startup, which ships boxes of pre-measured ingredients to home cooks, is in talks to raise money from investors at a valuation of around $2 billion, according to people familiar with the matter.
Uber Technologies Inc., the world’s most highly-capitalized private startup, plans to raise yet another large round of funding.
The ride-sharing company has briefed investors on its plans to raise about $1.5 billion to $2 billion in new funding, two people familiar with the matter said. Uber expects the new round of funding to value the company at $50 billion or higher, the people said, though they said Uber’s plans could change.
Facebook Inc. is offering to let publishers keep all the revenue from certain advertisements, in a bid to persuade them to distribute content through the social network, according to people familiar with the matter.
The Federal Bureau of Investigation helped facilitate a 2012 ransom payment to al Qaeda from the family of kidnapped aid worker Warren Weinstein, senior U.S. officials said, in an unsuccessful bid to secure the release of the American, who was killed in January in a U.S. drone strike.
A key component of the Apple Watch made by one of two suppliers was found to be defective, prompting Apple Inc. to limit the availability of the highly anticipated new product, according to people familiar with the matter.
The Securities and Exchange Commission is investigating whether Bank of America Corp. broke rules designed to safeguard client accounts, potentially putting retail-brokerage funds at risk in order to generate more profits, according to people familiar with the inquiry.
Comcast Corp. and Time Warner Cable Inc. are slated to sit down for the first time on Wednesday with Justice Department officials to discuss potential remedies in hopes of keeping their $45.2 billion merger on track, according to people familiar with the matter.
Status: We’ll find out April 22.
The U.S. is expanding its role in Saudi Arabia’s campaign in Yemen, vetting military targets and searching vessels for Yemen-bound Iranian arms amid growing concerns about the goals of the Saudi-led mission, according to U.S. and Arab officials.
Only 3% of respondents who had the HBO TV channel said they would drop it for the Web version, say people familiar with the poll.
Quite a few anonymous sources in this story.
The layoffs affected as many as 400 people, according to people familiar with the matter, while the shows being written down include reruns of “CSI,” “Entourage” and “Community,” among others. Charges include an accounting change for programming such as reality and game shows that are losing their allure faster than in the past.
The two companies negotiated through Tuesday evening, past the deadline of their current short-term agreement, to wrap up a deal that will keep Time Warner’s Turner Broadcasting channels such as TBS, TNT and truTV in Dish homes.
The deal includes a way to subscribe to HBO through Sling TV, Dish’s Web TV service. A person familiar with the matter said Dish is unlikely to be a distributor at the launch of HBO Now, the standalone app, although Dish does have the right to do so as part of the deal.
As negotiations with Iran on a nuclear deal come down to the wire, the White House is ramping up a yearlong campaign to persuade lawmakers and the public to support an agreement.
In recent days, officials have tried to neutralize skeptical Democrats by arguing that opposing President Barack Obama would empower the new Republican majority, according to people familiar with the discussions.
Federal investigators are preparing to file criminal charges against Sen. Robert Menendez of New Jersey as early as this week, after a legal battle over how much the Constitution shields lawmakers and their aides, according to people familiar with the investigation.
Status: We’ll find out this week.
3/16/2015: Apple plans web TV service in fall
Apple Inc.’s lofty plans to build an online television service are coming into sharper focus.
The technology giant is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, according to people familiar with the matter. The service would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox and would be available on Apple devices such as the Apple TV, they said.
3/12/2015: The WSJ’s ‘people familiar with the matter’
Daring Fireball points out an example of anonymous sourcing in the Wall Street Journal. In this case, the source was wrong.
3/5/2015: Google wireless plan has one catch
Google Inc.’s planned wireless service may launch by the end of March, but it will work only on the company’s latest Nexus brand smartphone and not on other phones using Google’s Android operating system, people familiar with the matter said.
The comedy service would likely feature full episodes of NBC shows such as “The Tonight Show” starring Jimmy Fallon and “Saturday Night Live.” The company also plans to invest in original series for the service and may enlist its TV stars to create exclusive content, according to the people familiar with the plans. NBCU is considering various possible price points—one range under consideration is $2.50 to $3.50 per month, one of the people said.
The Google vice president in charge of the Play store, Jamie Rosenberg, has focused on getting more content and apps in the store, and improving the user experience, before accepting ads or sponsorships, according to two people familiar with the matter.
I don’t understand the need for an anonymous source here.
Apple has asked its suppliers in Asia to make a combined five to six million units of its three Apple Watch models during the first quarter ahead of the product’s release in April, according to people familiar with the matter.
But according to people familiar with the matter, another of the industry’s biggest competitors, Amaya Gaming Group Inc., is still in talks regarding the acquisition of the company or parts of it.
Two other instances of anonymous sourcing in this story.
Ukraine, France and Germany wanted a much quicker start to the cease-fire, according to people familiar with the talks.
Royal Bank of Canada is in talks with several bidders for parts of the Caribbean wealth-management business that it is exiting as part of a pullback in the Caribbean and Latin America, according to two people familiar with the matter.
Staples Inc. and Office Depot Inc. are in advanced talks to combine, according to people familiar with the matter, in what would be a major step toward consolidating the retail market for pens, paper and other office supplies.
One of J.P. Morgan Chase & Co.’s top China executives is expected to resign amid a probe of the U.S. bank’s Asian hiring practices, according to people familiar with the situation.
Status: Still unverified
Apple Inc. is in talks with Comcast Corp. about teaming up for a streaming-television service that would use an Apple set-top box and get special treatment on Comcast’s cables to ensure it bypasses congestion on the Web, people familiar with the matter say.
Status: Still unverified
3/23/14 : US scurries to shore up spying on Russia
I lost count of how many anonymous sources this article references.
Leaders of Citi Bike are moving quickly to raise tens of millions of dollars to rescue the popular bike-share program as it loses money, according to people familiar with the matter. Citi Bike’s bright blue bicycles have become a seemingly indispensable part of some city neighborhoods, but its managers don’t believe it can survive if it doesn’t become more appealing to tourists and expand to new neighborhoods, the people familiar with the matter said.
Status: Still unverified
Airbnb Inc. is in advanced talks to raise funds that would value the online home-rental company at more than $10 billion and place it among the world’s most valuable startups, according to several people familiar with the process.
Status: Still unverified