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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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China’s top ride-hailing app wants to raise up to $2 bln, according to a media report. Robyn Mak and Clara Ferreira Marques discuss the challenges it faces at home and abroad, and why after disappointing debuts from rivals Uber and Lyft, investors will be cautious.
Morgan Stanley followed Wall Street peers with a glum quarter in trading, but wealth management cushioned the blow. That’s one of James Gorman’s biggest achievements in his near-decade as CEO, Antony Currie argues. If only shareholders had more than middling gains to show for it.
Amazon.com is offering $10 to consumers who let it track their web browsing. It’s a cheap way to boost the e-commerce giant’s clout, but as Robert Cyran explains, it also underscores the anti-competitive concerns the U.S. Congress and European regulators are raising.
Wall Street earnings are in full swing. Jennifer Saba and Antony Currie explain why Goldman Sachs boss David Solomon may be thankful for the lumpy businesses he’s trying to downplay, how Wells Fargo’s cost cutting may aid its CEO search – and how JPMorgan leads the pack.
The biotech giant is spending $5.1 billion on Belgian outfit Galapagos but won’t take control. That, says Robert Cyran, means Gilead can profit from the smaller drugmaker’s successes, while limiting the risk. It’s a smart move, as both Roche and Sanofi discovered.
Fewer venture deals in the mainland, lacklustre initial public offerings and a trade war all clouded the outlook at Hong Kong’s annual Rise technology conference. There could still be good news for investors and newer markets, as Alec Macfarlane explains.
McAfee is reportedly tilting at an IPO. Its original core business is in decline, but the company has been spruced up by its private equity owners. It doesn’t hurt that demand for software and for new stock listings is voracious too, as Robert Cyran explains.
WarnerMedia is taking the hit comedy series “Friends” away from Netflix for a reported $425 mln, to burnish its new streaming service HBO Max. That’s a decision it should have made months ago, Jen Saba argues, but it still leaves Netflix plenty to laugh about.
Cisco hasn’t worked out cost savings for its $2.8 bln purchase of supplier Acacia. Wall Street minnow Piper Jaffray reckons it doesn’t need them to double margins with its $485 mln pounce for Sandler O’Neill. Antony Currie and Tom Buerkle assess the merits of both deals.
America’s World Cup soccer win has exposed a battle over unequal pay, with women earning a fraction of what their male counterparts get in spite of their performance. The problem – and the solution – have parallels in the corporate world, Jen Saba explains.