🌏 Google zeroes in on crypto schemers

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Nelson Peltz walked away from his Disney proxy fight with a pretty penny. His asset management firm Trian Partners made about $300 million from its 16-month investment in the media company’s stock.

Paramount may need to raise billions to close its deal with Skydance. That news sent shares of the media company down about 9% yesterday.

Lyft played chicken with Minneapolis and lost. The car service had threatened to leave the city in light of new minimum wage requirements, but may not follow through with that after all.

Spotify hired a new CFO as it goes all in on price hikes. The appointment of a former Saab financial leader comes as the streaming service seeks to turn around its lackluster performance.

Google is after shady crypto schemers

1: Lawsuit filed by Google

2: Developers called out in the lawsuit

87: Fake investing and crypto apps the developers were accused of putting on Google Play

100,000: Users that were allegedly lured to the apps

Similar scams have been on the rise since the pandemic, and Google is over it. It’s also considering charging people to use its AI-powered search, and it also (if rumors are to be believed) may buy HubSpot, so it has a lot going on.

Home Depot and Lowe’s are branching out

Home improvement companies like Home Depot and Lowe’s took off during the pandemic when everyone was spending a lot more time looking around their home and wondering how they could improve it.

That time has passed, and so DIY companies are trying new things to attract more customers. For Home Depot, that involves buying a roofing company for $18 billion. For Lowe’s, it’s partnering with DoorDash to deliver products.

Read more about what Home Depot’s CFO Richard McPhail has to say about these types of nontraditional expansions.

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Our best wishes for a productive day. Send any news, comments, lunar buggy designs, and Kodak moments to talk@qz.com. Today’s Daily Brief was brought to you by Morgan Haefner, Susan Howson, and Melvin Backman.