After 17 years, music-discovery company Shazam Entertainment is turning an operating profit. The app maker earns most of its revenue from advertisers, who pay to use its image-recognition and sound-recognition technology in their marketing campaigns.
An elite California law firm is using the change in administration at the White House to its advantage. Munger, Tolles & Olson said it is hiring Donald Verrilli Jr., who stepped down as solicitor general in June.
Weeks after cementing a powerful role in her family’s $40 billion media empire, Shari Redstone is moving to undo the last big strategic move of her ailing father, Sumner Redstone: the divorce of Viacom and CBS.