After years of betting that owning both the internet pipes and the content that runs on them would pay off, Comcast is splitting into separate broadband and entertainment companies. The move is a "capitulation to Wall Street's demands" and an admission that the long-chased strategy was a failure.
The tape Decoder with Nilay Patel · Jul 9
“This big split feels like the company finally admitted that it never really had that answer and capitulated to Wall Street's demands.”
The company has rolled out its powerful new GPT 5.6 model and an AI agent called "ChatGPT Work," designed to automate creating spreadsheets, presentations, and financial forecasts by tapping into a company's internal data. The launch follows a "voluntary" review period with the US government.
WSJ Tech News Briefing · TNB Tech Minute: Strategy Announces Turnaround Plan, Including Stock Buyback And Bitcoin SalesJun 29
According to an exclusive report, satellite provider Dish DBS is set to file for bankruptcy as early as Tuesday. The unit of Echostar has been hobbled for years by heavy debt and significant subscriber losses.