The Latest Breaking News from Wall Street Journal

Comcast Corp's (NASDAQ:CMCSA) NBCUniversal is nearing a plan that could drastically change its partnership with The Walt Disney Co's (NYSE:DIS) Hulu, the Wall Street Journal reports. NBCUniversal could end up shifting high-profile programming to its Peacock streaming platform under the plan. Comcast, which owns a third of Hulu, launched Peacock less than two years ago,…

Peloton Interactive Inc's (NASDAQ:PTON) co-founder John Foley is stepping down as CEO and will become executive chair, The Wall Street Journal reported. Barry McCarthy, the former chief financial officer of Spotify Technology SA (NYSE:SPOT) and Netflix Inc (NASDAQ:NFLX), will become CEO and president and join Peloton's board. Peloton also plans to cut 2,800 jobs to cope…

Meta Platforms Inc (NASDAQ:FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022.  Several hundred people, including researchers from partners NVIDIA Corp (NASDAQ:NVDA), Penguin Computing Inc, and Pure Storage Inc (NYSE:PSTG), were involved in the two-year project, the Wall Street…

The FBI and a U.S. investment-screening panel are investigating a Chinese investment in an aircraft startup following allegations of improper technology transfer to China, according to people familiar with the matter and documents reviewed by The Wall Street Journal.

The biggest trend in men’s fashion this year will be dressing like a child, The Wall Street Journal has declared.

Activision Blizzard Inc (NASDAQ: ATVI) confirmed the exit of 37 employees and disciplinary action against 44 others since July in a bid to address allegations of sexual harassment and other misconduct, the Wall Street Journal reports.