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DealBook

@dealbook

New York Times columnist Andrew Ross Sorkin and his colleagues help make sense of major business and policy news — and the power-brokers who shape them.

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linkhttp://dealbook.nytimes.com/ calendar_today24-10-2008 19:47:47

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In today’s DealBook newsletter: Ravi Mattu on the high stakes of a unionization vote at a Volkswagen plant in Tennessee; @laurenshirsch and @benmullin on Sony shaking up the contest for Paramount; Ephrat Livni on a final salvo from a top China hawk; and more nyti.ms/3JqPgqD

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On Thursday, Meta will begin incorporating new versions of its A.I.-powered smart assistant software across its apps, which include Instagram, WhatsApp, Messenger and Facebook. nyti.ms/4d0JDNs

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Bitcoin aficionados are hoping that a scheduled reduction in the number of new coins going into circulation will cause the price of the cryptocurrency to skyrocket. nyti.ms/4cWnzDL

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Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned. nyti.ms/3vXzPTC

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Court records, mistakenly made public, tell a story about the owner of TikTok, its bumpy road to success and the role of the Republican megadonor Jeff Yass’s firm. nyti.ms/3U7h3B8

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Google fired 28 workers on Wednesday after dozens of employees participated in sit-ins at the company’s New York and Sunnyvale, Calif., offices to protest the company’s cloud computing contract with the Israeli government. nyti.ms/3JkCb29

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In today’s DealBook newsletter: @laurenshirsch & Ravi Mattu on Congress putting pressure on TikTok + a rare look at its parent’s origin; Michael de la Merced on the long road ahead for Elon Musk’s big Tesla payout; A.I.’s power needs; and more nyti.ms/3Q9nimS

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Consumer prices in Britain rose at the slowest rate in two and a half years, the country’s Office for National Statistics reported. nyti.ms/3U0P6uR

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Atlas, the humanoid robot that dazzled followers for more than a decade with its outdoor running, awkward dancing and acrobatic back flips, is powering down. In other words, it is retiring. nyti.ms/3Ju4Npr

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Facing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially give him everything he wanted, including the biggest pay package in corporate history. nyti.ms/3xNs17q

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The House is expected to again try to advance legislation to force a sale of TikTok by its Chinese owner, ByteDance, or institute a first-of-its-kind ban on the app in the US. nyti.ms/3Up6HhK

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Consumer prices in Britain rose at the slowest rate in two and a half years, the country’s Office for National Statistics reported on Wednesday. nyti.ms/4aBqvEd

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Since the collapse of the Key Bridge, other East Coast ports have absorbed the cargo previously handled in Baltimore, but some parts of the supply chain like trucking are struggling. nyti.ms/4aBFpdD

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Uri Berliner, the NPR editor who accused the broadcaster of liberal bias in an online essay last week, prompting criticism from conservatives and recrimination from many of his co-workers, has resigned from the nonprofit. nyti.ms/4aXv639

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The United Automobile Workers hopes contract gains at the Big Three carmakers will provide momentum in an effort to organize nonunion plants. On Wednesday, 4,300 workers at Volkswagen’s plant in Chattanooga, Tenn. will begin voting on whether to unionize. nyti.ms/44a63aX

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Regulators are expected to meet next week to discuss the $8.5 billion deal between Coach’s owner, Tapestry, and Michael Kors’ parent company, Capri Holdings, which would create a U.S. luxury conglomerate. nyti.ms/4aDQGKr

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The Federal Reserve is likely to wait longer than initially expected to cut interest rates, given stubborn inflation readings in recent months, the central bank’s top two officials said Tuesday. nyti.ms/3Q7DncW

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In today’s DealBook: @andrewsorkin Michael de la Merced on Tesla goes back to shareholders with a new vote on huge Elon Musk’s pay package; @laurenshirsch breaks news that F.T.C. may block a big fashion deal; @sarahfkessler on the rise in protectionism; and more nyti.ms/4b0bBqz

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Participant Media had critical and commercial hits over two decades, but never made money consistently and faced a challenging entertainment landscape. On Tuesday, the company’s founder and financial lifeline, pulled the plug. nyti.ms/43ZNeHw

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As sales of Teslas drop and demand for electric vehicles cools — even as more models enter the market — an increasing number of automakers are competing for a slice of a shrinking pie. nyti.ms/3Q8JPQP

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