Disney is expected to pay as much as $60 billion for assets of 21st Century Fox, in a deal that could be announced Thursday. Seeking Alpha Author Mike McNeil joins Cheddar to discuss what this sale could mean for movie and streaming services.
McNeil believes this opportunity to buy Fox could help Disney's Studio Entertainment division bolster its content. Next year, Disney will come back strong with the newest "Avengers" movie, and the highly anticipated "Frozen 2" is coming in 2019.
Plus, when it comes to Disney's future streaming service, McNeil talks about how Fox properties could help it compete with Netflix or Hulu. Earlier this year, Disney pulled all its content off Netflix to gear up for its own similar service.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
A new study published in the journal Behavior and Information Technology reveals less time on social media makes people happier and more efficient at work.
The European Union is investigating Elon Musk's X over alleged illicit content and disinformation on its platform. Cheddar News breaks it all down and discusses what it could mean for users.
