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What you’ll read?

• Honda Unveils Futuristic 0 Series EVs with Asimo OS

• True Religion Acquired Amid Resurgence in Y2K Fashion

• Today in AI & Tech

• Biden Cancels Italy Trip to Focus on California Wildfires

  and more…

BUSINESS

Disney Reveals Ad-Supported Streaming Audience Insights

Disney reported an estimated 157 million global monthly active users watching ad-supported content on Disney+, Hulu, and ESPN+. The metric is based on active accounts viewing ads-supported content for over 10 seconds, without de-duplicating users subscribed to multiple platforms. The company is focused on ad-supported tiers, steering subscribers toward cheaper options as a key revenue strategy. In November, over half of new U.S. Disney+ subscribers chose ad-supported plans, contributing to streaming business profitability.

Honda Unveils Futuristic 0 Series EVs with Asimo OS

At CES, Honda introduced its 0 Series EV prototypes, including the 0 Saloon and 0 SUV, slated for North American production in 2026. The vehicles feature sleek designs and will debut Honda's Asimo OS, enabling advanced hands-free driving. These models reflect Honda's focus on innovation and customer feedback.

True Religion Acquired Amid Resurgence in Y2K Fashion

True Religion, the revived Y2K jeans brand, has been acquired by Acon Investments and SB360 Capital Partners. The company, under CEO Michael Buckley, reported $280 million in 2023 sales, benefiting from a strategic focus on influencers and Y2K trends. The acquisition aims to boost its digital, retail, and global growth efforts.

BMW Unveils Panoramic iDrive System with Windshield-Length Display

At CES, BMW announced its new Panoramic iDrive system featuring a windshield-length display powered by BMW Operating System X. This innovative system aims to enhance driver focus and provide advanced infotainment, starting its global rollout in 2024 and reaching the U.S. by mid-2026.

TECH

Today in AI & Tech

Nvidia Unveils Compact AI Supercomputer at CES

At CES 2025, Nvidia CEO Jensen Huang introduced "Project Digits," a $3,000 AI supercomputer designed for researchers and universities, offering advanced AI capabilities in a compact, cost-effective form. Unlike Nvidia's traditional GPUs for massive AI clusters, this system targets smaller-scale machine-learning development. Project Digits signals Nvidia’s efforts to diversify its business and tap into a broader market beyond data center GPUs, which accounted for 88% of its recent revenue.

TSMC Surpasses Revenue Estimates with AI Boom Driving Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) reported Q4 revenue of 868.5 billion New Taiwan dollars ($26.3 billion), a 38.8% year-on-year increase, beating analyst estimates. Fueled by high demand for AI chips from companies like Nvidia and Apple, TSMC achieved its highest annual revenue since going public in 1994.

Other

Supreme Court Denies Trump’s Bid to Halt Sentencing in Hush Money Case

The U.S. Supreme Court, in a 5-4 decision, denied President-elect Donald Trump's request to delay sentencing in his New York hush-money case. The majority found the sentence posed minimal impact on presidential duties and dismissed concerns about evidentiary violations, which can be addressed on appeal. Trump is expected to receive an “unconditional discharge” with no punishment.

Meta Faces Employee Backlash Over Decision to End Fact-Checking Ahead of Trump Inauguration

Meta employees criticized the company’s decision to end third-party fact-checking and shift to a user-driven system two weeks before President-elect Trump’s inauguration. Some workers expressed concerns about misinformation and harmful content, while others supported the move as promoting free expression. The policy changes align with recent board additions and political strategies, sparking debates on Meta’s values and platform direction.

Biden Cancels Italy Trip to Focus on California Wildfires

President Joe Biden canceled his planned trip to Italy to prioritize directing the federal response to the devastating California wildfires. After visiting Los Angeles and declaring a Major Disaster, Biden chose to stay and address the fires, which have killed five people and destroyed hundreds of homes..

Supreme Court Denies Trump’s Bid to Delay Sentencing in Hush Money Case

The U.S. Supreme Court narrowly denied President-elect Donald Trump's request to halt proceedings in his New York criminal case, clearing the way for his sentencing. The 5-4 decision, with two conservatives joining liberal justices, found the sentencing posed no significant burden and dismissed Trump's claims of evidentiary violations, which could be addressed on appeal.

It's a Wrap!

Thank you for joining us in this journey through the latest updates and insights. Your engagement and support mean the world to us. We hope you found this newsletter both informative and inspiring. Stay tuned for more exciting news and stories in our next edition.

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Sarah