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Max Knoblauch

Amazon-backed Rivian is very cool with Jeff Bezos also investing in Slate Auto

Amazon founder Jeff Bezos has invested big in Slate Auto, the startup that recently unveiled an electric truck in the mid-$20,000 price range. Just in case you were wondering, Rivian, a company that also makes electric trucks and calls Amazon its largest shareholder, is totally cool with that.

Speaking at the Bloomberg Tech conference on Thursday, Rivian CEO RJ Scaringe called Amazon a “really deep partner” and Bezos a “great adviser and a great friend.” Asked directly if he thought Bezos’ investment in Slate was a hedge against his company’s investment in Rivian, Scaringe said he didn’t think so.

“We think there needs to be a handful of highly successful companies... I think it’s great that there’s more choices coming,” Scaringe said.

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Tom Jones
so fried
46m
KFC ranked worst out of 76 restaurant chains per new market share analysis

The chicken wars are taking their toll, suggests new Barclays analysis, as competitors close in on the chain that once ruled the roost.

KFC sign. Fried chicken brand, bucket shape signage, blue sky with clouds. South Africa.
Nate Becker
21h
Paramount is doing everything except the one thing that could give its Warner Bros. bid a chance of success

Warner Bros. says “more than 93%” of its shareholders have rejected Paramount. That’s probably not going to change substantially unless Paramount boosts its offer.

Tom Cruise In 'Jerry Maguire'
Television Set

Streamers continued retreating from original shows in 2025

The death of “peak TV” has not been exaggerated, per a new report from Luminate.

Max Knoblauch1/21/26
Retail display of Takis snack food in various spicy flavors in Target store, Queens, New York

America’s love for spicy food and mouth-tingling sauces has surged, but are we approaching “peak heat”?

Takis doesn’t think so, as it searches for a “Chief Intensity Officer.”

Claire Yubin Oh1/21/26
Tom Jones
reduced to tiers
1/21/26
Netflix made $1.5 billion from advertising last year, about 3% of its total revenue

The figure rose more than 2.5x last year, per the company.

Netflix Ads x CES 2026

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