Disney and Warner Bros. are coming to the same conclusion: American moviegoers aren’t ready to go back to the theaters yet.
Two months after its initial launch, Comcast's (NASDAQ: CMCSA) Peacock is finally available on Roku (NASDAQ: ROKU) devices. The deal came shortly after Comcast's NBCUniversal threatened to remove all of its TV Everywhere apps from Roku's channel store, sparking a new round of negotiations. The market clearly believes Roku got the better end of the deal, sending shares 17% higher after the announcement.
Microsoft (NASDAQ: MSFT) and AT&T (NYSE: T) recently announced that they're teaming up on a new service for large enterprises that want to deploy network-connected devices. AT&T is running point, making use of Microsoft's tech know-how to make it easier for enterprises to get devices connected to a network. Microsoft and AT&T's announcement is actually a continuation of the partnership they unveiled in 2019, in which AT&T migrated its non-network operations (i.e., those not specifically related to its mobile communications network) to Microsoft's cloud computing service, Azure.