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bloomberg.com

Coke—and Dozens of Others—Pledged to Quit Russia. They’re Still There. (www.bloomberg.com)

After Vladimir Putin’s troops surged over the Ukrainian border in February 2022, the Coca-Cola Co. was among the first multinationals to pledge it would quit Russia in protest. Aiming to avoid the inevitable headaches of complying with expected Western sanctions on the Kremlin, Coke asked its partners there to pull its cans...

Reddit Advised to Target at Least $5 Billion Valuation in IPO (www.bloomberg.com)

Reddit Advised to Target at Least $5 Billion Valuation in IPO::Reddit Inc. is weighing feedback from early meetings with potential investors in its initial public offering that it should consider a valuation of at least $5 billion, according to people familiar with the matter, even as it is estimated below that figure in the...

Apple Is Taking Extra Care With ‘Ambitious’ iOS 18 Update (www.bloomberg.com)

Apple Is Taking Extra Care With ‘Ambitious’ iOS 18 Update::Apple’s recent software development delay underscores the need to get ambitious 2024 updates right. Also: Initial thoughts on Apple’s latest MacBook Pros and iMac, and what an M3 Ultra chip could look like.

Murdoch compared to ‘mafia boss’ ordering hit in Smartmatic case — Fox Corp. is seeking dismissal from the $2.7 billion lawsuit (www.bloomberg.com)

Murdoch compared to ‘mafia boss’ ordering hit in Smartmatic case — Fox Corp. is seeking dismissal from the $2.7 billion lawsuit::Fox Corp. Chairman Rupert Murdoch and his son Lachlan were compared to mafia bosses trying to dodge punishment for the actions of their henchmen during a court hearing in a $2.7 billion...

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