Netflix names Microsoft as partner for ad-supported platform

Netflix Inc. has picked Microsoft Corp. as the technology and sales partner for its advertising-supported subscription plan, a Microsoft executive disclosed in a blog post on Wednesday. Read More...

Motley Fool

Why Peloton Stock Is Falling Yet Again Today

Shares of Peloton Interactive (NASDAQ: PTON) were down 4% at noon ET on Wednesday after the connected fitness-equipment manufacturer announced it won’t be making its exercise bikes and treadmills in-house anymore. Instead, Peloton will expand its partnership with Taiwan-based Rexon Industrial as it seeks to cut costs, streamline its manufacturing supply chain, and focus on its technology. Chief supply chain officer Andrew Rendich told Bloomberg News, “We are going back to nothing but partnered manufacturing.”

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