By Anastasia Lyrchikova and Alexander Marrow
MOSCOW (Reuters) - Billionaire Alexey Mordashov has proposed creating a Russian consortium to invest billions in developing an alternative to the widely-used business software made by Germany's SAP, which curtailed its operations in Russia over the Ukraine conflict.
SAP announced plans to exit Russia in April 2022 and allowed maintenance contracts with customers to expire at the end of 2023... (continue reading...)
(Reuters) - Comcast's new streaming bundle, packaging its Peacock service with Netflix and Apple TV+, will cost $15 per month for all Xfinity internet and TV customers, the media and broadband company said on Tuesday.
The new bundle, StreamSaver, is a "companion to broadband" and offers savings of more than 30% to customers, Comcast Cable CEO David Watson said at the J.P. Morgan Technology, Media and Communications Conference.
Customers... (continue reading...)
(Reuters) - PepsiCo said on Tuesday it would expand its fleet of electric-powered vehicles in California with the introduction of 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric vans over the next several months.
(Reporting by Juveria Tabassum; Editing by Tasim Zahid)
(Reuters) -Pixar Animation Studios, the studio behind such classic films as "Toy Story" and "Up," began laying off about 14% of its workforce Tuesday as it scales back development of original streaming series, according to a source familiar with the development.
Approximately 175 people will be impacted by the job cuts.
The animation studio had ramped up production of original series as former Walt Disney CEO Bob Chapek pushed each of the... (continue reading...)
By Will Dunham
(Reuters) - A new fossil of the Cretaceous Period dinosaur Psittacosaurus, a dog-sized herbivore with a parrot-like beak, that was donated to a Chinese university came with a surprise - one revealed only after scientists viewed it under ultraviolet light.
It retained large patches of beautifully preserved skin, down to its cellular structure, providing new insight into skin evolution in feathered dinosaurs. The fossil... (continue reading...)
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