Emily Jane Fox reports on her story about Ivanka Trump, and her recent pivot from tax reform and women's issues to after-school sports.
Maya Kosoff breaks down the latest troubles at Uber, including a lawsuit from the city of Chicago over a fifty-seven million person data breach and a potential $20 billion devaluation.
Joe Pompeo updates his story on Time Inc. as the Koch brothers close in on their $650 million investment in the company. The panel discusses the mood at Time and the potential for a Time Magazine spin off.
Kosoff deciphers Evan Spiegel's manifesto in Axios about fake news and the separation of "social" and " media" at Snapchat.
Emily Jane Fox and Joe Pompeo give us the latest on the firing of Matt Lauer from NBC amid allegations of sexual misconduct at work.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
