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WSJ Tech News Briefing

TNB Tech Minute: Instacart Scraps Price Tests

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.31.7K Ratings

🗓️ 22 December 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: Larry Ellison provides personal guarantee for Paramount’s bid for Warner Bros. Discovery as Netflix lines up bank financing for its own offer. And Baidu partners with Uber and Lyft for robotaxis in the U.K. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

As companies seek to close growing gaps in skills and talent,

0:04.0

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

0:10.0

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain. By performing a skills inventory, leaders can truly understand where their efforts should be focused.

0:25.7

Being blind to those gaps is the real miss.

0:28.4

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

0:34.6

Here's your morning TNB Tech Minute for Monday, December 22nd. I'm Julie Chang for the Wall Street Journal.

0:41.6

Instacart is scrapping all price tests effective immediately. The move comes after customer pushback

0:47.7

following a report that Instacart was charging different prices for the same items. The report from

0:53.2

earlier this month found an average difference

0:55.3

of 13% between the highest and lowest prices, with some differences as high as 23%. Instacart had said

1:03.2

the tests help retailers understand consumer preferences. Today, a spokesperson said that the tests

1:09.1

fell short of expectations.

1:21.4

Billionaire Larry Ellison has agreed to personally guarantee 40 and a half billion dollars of equity financing for Paramount's bid for Warner Brothers Discovery.

1:28.9

Paramount previously made a hostile all-cash tender offer of nearly $78 billion for Warner, but Warner rejected it over concerns about the credibility of the offer. And it recommended shareholders go with Netflix's

1:34.1

offer instead. Paramount's revised offer for the same share price expires January 21st. In the meantime,

1:41.2

Netflix has been looking to shore up its own financing for its $72 billion deal for Warner's studios and streaming service.

1:48.9

According to a filing with the Securities and Exchange Commission, Netflix has secured some $25 billion in bank financing to fund it.

1:56.8

And whoever ends up winning Warner, we report that theater owners fear the acquisition could reduce the number of theatrical releases or push movies to streaming platforms faster, though both Paramount and Netflix have said they wouldn't do that.

2:12.6

Finally, Chinese tech giant Baidu is teaming up with ride-hailing platforms Uber and Lyft to begin trials of

2:19.4

its self-driving vehicles in the UK. Uber says it'll begin a pilot program in London with Baidu's

2:25.5

Robotaxi unit Apollo Go in the first half of next year. And Lyft says it'll begin testing in London

2:31.7

with dozens of Apollo Go RT6 vehicles next year, pending

...

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