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Good morning. Today is Thursday, October 17th. I'm Julie Morgan. There appears to be some interest between Uber and Expedia.

Meta is laying off more workers and Disney is asking you to spend even more.

Expedia is up 7% in pre-market action

after a report that Uber considered a possible takeover of the company

as it tries to diversify its business.

Uber talked to advisors in recent months about a bid for Expedia after an acquisition of the company was broached by a third party.

This information is from a Financial Times report late Wednesday,

which cited people familiar with the matter.

Uber's interest was described as being at a very early stage and no deal may come to fruition

according to the report. No formal approach has been made by the ride sharing

company and there are no current talks. The focus of Uber's discussions was the role of Uber CEO,

who was Expedia's CEO from 2005 to 2017

and remains a non-executive director.

Any approach for Expedia would likely be friendly given the CEO's relationship

and he would need to recuse himself from Deal Talks.

Uber Expedia and Expedia Chairman Barry Diller declined to comment to the F.T.

Meta platforms has initiated layoffs across various divisions, specifically targeting teams within

WhatsApp, Instagram, and reality labs. Although the exact number of job cuts has not

been disclosed, reports indicate that they are relatively small in scale.

A company spokesperson told the verge that a few teams at Meta were making changes

to ensure resources are aligned with their long-term strategic goals and location strategy.

...