Business

The Netflix boss is apparently not too worried about Trump’s meddling in his company’s attempt to purchase Warner Bros. He told BBC Today that Netflix’s offer left Hollywood with five major studios instead of four, and Trump, “likes to do a lot of things on social media.”

“If your best idea for what AI can do in the workspace is ‘replace a hundred human beings with a server rack doing the same thing’, you’ve got no business calling yourself a techno-optimist.” Let’s gooooo!

On Friday morning, the court ruled against the Trump administration (pdf) in the case of Learning Resources, Inc. v. Trump, about whether the International Emergency Economic Powers Act (IEEPA) gave the president the power to impose sweeping tariffs on imports from more than 100 countries.

Amazon reported $717 billion in sales for 2025, edging ahead of Walmart’s $713.2 billion. Walmart was previously the world’s largest company by sales for over 10 years. However, as Bloomberg notes, Amazon’s cloud computing business made up a large portion of its sales — without AWS revenue, Walmart still outpaces Amazon.

Snap announced today that its subscriber count grew 71 percent year-over-year in Q4 2025. Its subscription offerings, including Snapchat Plus, Lens Plus, Snapchat Premium, and Memories storage plans, are projected to earn $1 billion in annual revenue. Snapchat creators will also soon be able to offer creator subscriptions to other users.

In its Q4 earnings report, the audio streaming service said it’s gained 38 million monthly active users (MAU) and nine million paying subscribers since its last quarter. Spotify now has 751 million MAUs and 290 million subscribers globally.

We interviewed Docusign CEO Allan Thygesen on Decoder this week, and one standout moment was when I asked Allan about his headcount. Docusign now employs around 7,000 people, which is a staggering number of employees for a company with a core product many think of as straightforward and simple.

Even after his 2008 conviction as a sex offender, Jeffrey Epstein still had friends in Silicon Valley. The New York Times details the companies that took his money — including Coinbase, wearable manufacturer Jawbone, and Peter Thiel’s Valar Ventures — along with more he considered investing in, including Palantir, SpaceX, and Spotify.

Maybe combining Musk’s companies is really about space AI data centers. But reports from Bloomberg and the Wall Street Journal indicate that SpaceX’s IPO pursuit includes a push to have major index providers find a way around the usual waiting periods before they’ll add newly listed companies.

A report from Bloomberg lays out how the prediction market reportedly directly contacted Juice Reel CEO Ricky Gold, pressuring him to say the data his firm had provided to an analyst was inaccurate.

Enrique Lores will head up PayPal after spending over six years as the president and CEO of HP, according to an announcement on Tuesday. Lores is taking over for Alex Chriss, who became the CEO of PayPal in 2023 as part of the company’s push into crypto.

The company sells its tech to ICE, among other government departments, and business is booming: its annual revenue from the US government grew 55 percent, to $1.855 billion, over the last year. That growth is speeding up, with $570 million of government revenue from the last quarter alone.

The acquisition includes “substantially all” of Lumen’s consumer fiber business, according to AT&T’s announcement. The company says it will add more than 1 million fiber customers across Denver, Seattle, Salt Lake City, and other cities as a result of the acquisition.

Prices could increase (or profits thinned) once Apple’s current stock of components like DRAM, NAND, and advanced chips runs out, according to The Wall Street Journal:

The closure of its physical Amazon Go and Fresh stores also brings an end to the Amazon One palm ID service by June 3rd for retail locations, including over 500 Whole Foods stores, with all biometric data deleted. Amazon One will continue to function at healthcare facilities “until further notice.”

The previously-rumored cuts follow an accidental calendar invite sent last night. They come after 14,000 corporate jobs were cut in October, attributed partially to advances in AI. This latest round of layoffs is less than 5 percent of Amazon’s 350,000 corporate workforce.

Mr. 420 hopes to raise $50 billion by taking SpaceX public with the largest initial public offering in history. The target date is mid-June, near Elon Musk’s 55th birthday on June 28th, and June 8th and 9th “when Jupiter and Venus will appear very close together, known as a conjunction, for the first time in more than three years.”

Samsung has been the leading TV maker globally for 20 years. China’s TCL is this close to unseating the South Korean champ after posting a 20 percent surge in year-over-year global TV shipments, according to Counterpoint Research. That Sony x TCL deal all but guarantees a new leader should it go through.

Today’s reports from Hunterbrook Media and Pablo Torre Finds Out claim the company’s hardware is seemingly easily obtained and popularly used in Russia’s war effort through already-sanctioned distributors and other middlemen.

According to Politico, a notice will tell state officials to instead use the “secure and sovereign” French-made Visio platform.