PRESS DIGEST-New York Times business news - January 13
Jan 13 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- Meta META.O plans to cut around 10% of the employees in its Reality Labs division who work on products including the metaverse.
- Paramount Skydance PSKY.O sued Warner Bros Discovery WBD.O for more information on a rival $82.7 billion deal with Netflix NFLX.O, and said it planned to nominate directors to Warner Bros' board.
- Alphabet GOOGL.O has entered into a multi-year deal with Apple AAPL.O where the next generation of the iPhone maker's AI models will be based on Google's Gemini models.
- The Trump administration is completing a trade deal with Taiwan that would reduce tariffs on the island's exports and commit its largest chipmaker, Taiwan Semiconductor Manufacturing Corporation 2330.TW, to invest significantly more in the U.S.
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