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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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Arch-rival Chinese titans Alibaba and Tencent, worth a combined $900 bln, released financial results on the same day. Robyn Mak and Jeffrey Goldfarb discuss the rare places where they overlap, namely fintech, and their differences, including a valuation gap.
Walmart had a good first fiscal quarter, especially for sales in U.S. stores. Jen Saba explains why the momentum could fade with President Donald Trump’s latest tariffs on Chinese goods. Suppliers, the retailer, its employees and tens of millions of customers could all face pain.
Shared-office company WeWork has set up a new division to buy buildings, a big departure for the loss-making company as it prepares for an IPO. There’s some logic to it, as Robert Cyran explains. And fortunately investors are pretty forgiving.
Comcast’s Brian Roberts will sell his 33% of the Walt Disney-controlled video-streaming service to the Mouse House, but only in five years’ time. It’s one more way Roberts may profit from his long-running jousting with counterpart Bob Iger.
The Japanese automaker has resisted merger proposals from France’s Renault since former Chairman Carlos Ghosn’s arrest. But the company’s weak profitability would benefit from greater integration, which could make it a juicy target for activists, says Liam Proud.
SoftBank boss Masayoshi Son griped about the conglomerate’s stock price even after a 60% surge this year. Robyn Mak and Jeffrey Goldfarb discuss how his odd shifting of investments such as Didi and Yahoo Japan around the empire including the Vision Fund fuel a discount.
The upstart online razor purveyor is selling itself to Schick owner Edgewell Personal Care for $1.4 billion. As John Foley explains, it’s a two-edged deal: the hope is it might refresh Edgewell and fund Harry’s expansion. The risk is it shreds Harry’s disruptive credentials.
Is the ride-share app the new Amazon? Some of its boosters say so – mostly to explain its lack of profitability, which resembles Jeff Bezos’s firm in its early years. The comparison is too kind to Uber, as Rob Cyran explains.
Cyril Ramaphosa is virtually assured a second term when South Africans go to the polls on Wednesday. The size of his victory matters, though. Too big a win and he may be less likely to push through reforms that have so far proved elusive, Ed Cropley explains.
Warren Buffett defended capitalism with his usual folksiness at Berkshire Hathaway’s annual meeting. But focusing on returns over wider issues like climate change is increasingly out of tune with younger investors and leaders like BlackRock boss Larry Fink, says John Foley.