Sony is ceding control of its Bravia TV brand to China's TCL as part of a new "strategic partnership," the companies announced in a joint press release. The Japanese electronics giant plans to sell a majority 51 percent stake in its home entertainment arm to TCL, while retaining a 49 percent share. The joint venture is set to start operations in April 2027, pending regulatory and other approvals.
Joe Pugliese and John Nowak for Warner Bros. Discovery
- Netflix is revising its offer to buy Warner Bros. and offering all cash, similar to Paramount's bid.
- Paramount has argued that its offer is financially superior and has sued WBD.
- Unless WBD shareholders move
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- The World Economic Forum kicks off this week in Davos, Switzerland.
- The annual event attracts the world's most powerful leaders in politics, tech, and business.
- Attendees were spotted in designer parkas and designer bags throughout the week's events.
There's far more to Davos
Fabrice COFFRINI / AFP via Getty Images
- Larry Fink critiqued capitalism during his opening remarks at the World Economic Forum on Tuesday.
- Capitalism has focused wealth in the hands of a narrow minority since the end of the Cold War, said the BlackRock CEO.
- The concentration of wealth could repeat in the AI era, he
Spotify appears to be working on a novel feature that will allow audiobook listeners to pick up where they left off in the physical book. Android Authority reports that version 9.1.18.282 of the Spotify app includes code references to a Page Match beta feature that can quickly sync audiobooks on the platform with their paper and ebook

Belgian business software company Odoo, also a unicorn, has reached a fresh milestone. Growth investor General Atlantic has increased its stake in the firm, buying additional shares from regional backer Wallonie Entreprendre and pushing Odoo’s valuation to roughly €7 billion. This move isn’t a typical funding round where a company raises new capital. Instead, it’s a secondary transaction: General
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- Tesla CEO Elon Musk said he has offered to license Full Self-Driving to other automakers.
- Companies like Ford and Rivian announced in recent weeks that they'll pursue self-driving in-house.
- Nvidia also released a toolkit that lowers the barrier to entry for pursuing autonomy.
Elon Musk has
Emergent
- Emergent is an AI software creation platform that helps anyone build web and mobile applications.
- The startup just raised $70 million in Series B funding led by Khosla Ventures and SoftBank.
- Emergent's ARR grew from $100K to $50 million in seven months, driven by more than 5 million users.
It was not long ago that building a sophisticated
Athletic Brewing Company
This as-told-to essay is based on a conversation with Bill Shufelt, the founder and CEO of Athletic Brewing. Shufelt founded the nonalcoholic beer company in 2017, which has since has driven over 23% of N/A beer category growth over the last seven