🗞️ Telegraph on the block again as RedBird IMI seeks to recover its £600m (FT)
- "RedBird IMI has fired the starting gun on the second auction in a year for the Telegraph days after its publisher revealed that £278mn was extracted by the Barclays, pushing the group to a big loss," Daniel Thomas writes.
🤝 Apple, Meta have discussed an AI partnership (WSJ)
- "Facebook's parent has held discussions with Apple about integrating Meta Platforms' generative AI model into Apple Intelligence, the recently announced AI system for iPhones and other devices, according to people familiar with the matter," Salvador Rodriguez, Aaron Tilley and Miles Kruppa write.
😟 Netflix's advertising challenge: It isn't big enough (Bloomberg)
- "The company has been careful to manage expectations and reserve big numbers for specific presentations throughout the year. Netflix said last month that it reaches 40 million monthly active users. The number of people actually paying for the ad tier is far smaller," Lucas Shaw and Molly Schuetz write.
