Meg Whitman

Biden Fundraiser Jeffrey Katzenberg’s Streaming Platform Quibi Shuts Down After Six Months and $2 Billion Raised

Quibi, the youth-oriented, short-form streaming entertainment platform headed by Jeffrey Katzenberg and Meg Whitman, has announced that it is calling it quits just six months after the service launched to great fanfare in April. The decision to pull the plug represents a major blow for Katzenberg and Whitman, who courted tech investors and raised an estimated $2 billion for the venture.


Hewlett-Packard Busts Up Into 2 Companies

Hewlett-Packard Inc. is officially spinning out its personal computer and printer operations into a free-standing company from its enterprise software systems and consulting business on Monday, creating two companies with market capitalizations of about $25 billion each.