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...Li is betting that technology and services will be a key point of difference from legacy carmakers, which are already struggling to keep up with Tesla....
...Bundling digital services could help to solve that problem. Offering packages of TV services is not a novel concept....
...Netflix struck an optimistic note about the health of its business, marking a sharp contrast with legacy Hollywood studios suffering from steep declines in linear television and heavy streaming losses....
...Budget carriers Spirit Airlines and Frontier Airlines, which advertise low base fares but rely more on ancillary revenue than legacy carriers, opposed the rule as well....
...That’s more than generous for a business the CEO talks about as a legacy sideline....
...“Today we add to that distinguished legacy,” said Kanter. The DoJ last year sued Google for allegedly exercising monopolistic control of the digital advertising market....
...The leading streaming services aggressively raised prices in 2023....
...Like other legacy entertainment companies, Warner is facing a sharp decline in its traditional television business....
...The VC firm’s current chief Roelof Botha took over in 2022, and has had to navigate a delicate balance between building on past successes while carving out his own legacy, all in a challenging investing...
...Historically, BlackRock has managed its ETF products separately from other funds, a legacy of the 2009 purchase of the iShares index fund business from Barclays....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
...Even China’s BYD, which has overtaken Tesla in EV sales, had a legacy making engine cars....
...It has the highest debt-to earnings before interest, taxes, depreciation and amortisation ratio in the sector and, like other legacy media groups, is coping with declining TV assets while its streaming service...
...Asked earlier this year by the Financial Times about his imprint on the world, Munger replied: “I would like my legacy to be a more relentless determination to develop and use what I call an uncommon sense...
...“They’re losing crazy money, but they’re supported by their legacy free-to-air networks, which are still very profitable and popular....
...With legacy media groups under pressure to produce streaming profits, however, licensing revenue is looking attractive again — even if it comes from Netflix....
...You, a rube like Alphaville, may have noticed the looming economic downturn and think it’s a bad time to be lending to fast-growing but asset-lite Vapourware Inc owned by investment firms FaceRip Street...
...It has a recognisable brand known for convenience with a defensible legacy position. But its main checkout business competes with banks and fast growing one-click services from Apple....
...Some Hollywood executives are worried that Apple’s perceived lack of budget constraints — a notion the company rejects — will create problems for the legacy studios, which are all in belt-tightening mode...
...Stripe and Adyen have taken market share from legacy players given their strength in ecommerce as well as superior functionality....
...BetMGM says it has rolled out a problem-gambling AI “behavioral analysis” tool in two US states....
...The Apple chief will also be guaranteeing his legacy includes the launch of a next-generation hardware product that some inside the company believe might one day rival the iPhone....
...Tim Bajarin, consultant at Creative Strategies, said the headset’s launch should “cement Cook’s legacy” beyond operations....
...“Pre-acquisition Fiserv and FIS were incredibly similar companies — the Coke and Pepsi of legacy fintech....
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