Disney Board Loses Two Tech Giants, Bitcoin Takes a Tumble
Facebook's COO Sheryl Sandberg and Twitter's CEO Jack Dorsey are set to leave Disney's board in March due to a conflict of interest. As Facebook and Twitter increasingly pursue video streaming capabilities, the companies are on a collision course with Disney's own video streaming technology.
Bitcoin hits a six-week low on concerns that Chinese regulators would crack down on the cryptocurrency. Chinese officials say they would block domestic access to trading platforms and mobile apps.
Domino’s Pizza reported a 7.1% revenue rise to $1.1B amid value meal competition and inflation. Q3 may slow, with caution on growth and consumer spending.