Fox has nearly $4.1 billion in cash on hand, according to Lock the Murdock and a market cap over $17 billion. Fox is going to write off part of its settlement. The other big winner here is the investor, the hedge fund State Street,. They're going to get a 15 or 16 X return on their money.
Meta's Year of Efficiency continues with 10,000 more layoffs. Apple gets into the savings game with a competitive interest rate. Florida's Ron DeSantis is losing his war on Disney, while Fox News agrees to pay Dominion a hefty sum in a defamation settlement. Pretty good week, all in all.
Crowdstrike co-founder Dmitri Alperovitch joins to discuss Discord Leaks and Starlink's role in the Ukraine war.
Hear more from Dmitri on Geopolitics Decanted.
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