Media
Alex Jones’ personal assets to be sold to help pay Sandy Hook debt as judge decides Infowars’ fate
A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones′ personal assets and was still deciding on his company’s separate bankruptcy case. The decision could determine the future of his Infowars media platform, as Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax. […]
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Netflix hunts for a production partner for its Christmas NFL games
Brock Purdy #13 of the San Francisco 49ers prepares to take a snap in the first quarter against the Kansas City Chiefs0 during Super Bowl LVIII at Allegiant Stadium on February 11, 2024 in Las Vegas, Nevada. Michael Reaves | Getty Images Netflix is trying to get ready for some football. The streaming giant has […]
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Broadcom shares surge on earnings beat, increased demand for AI products
Hock Tan, CEO of Broadcom Lucas Jackson | Reuters Broadcom shares rose about 12% on Thursday after the company posted second fiscal quarter earnings that beat analysts’ estimates and showed it’s benefiting from the artificial intelligence boom. Broadcom reported earnings per share of $10.96 ahead of LSEG consensus estimates of $10.84 per share. It reported […]
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Here’s what’s next for Paramount after Skydance deal is stopped in its tracks
A view of Paramount Studios’s water tank as SAG-AFTRA members walk the picket line outside during their ongoing strike, in Los Angeles, California, U.S., September 26, 2023. Mario Anzuoni | Reuters National Amusements stopped merger discussions between Paramount Global and Skydance this week — throwing into question what’s next for the legacy media giant during […]
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Jim Cramer says the best is yet to come at Oracle — plus, his thoughts on 4 more stocks
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Oracle : The tech giant had a mixed quarter. But it announced new artificial intelligence partnerships with Alphabet ‘s Google and Microsoft -backed OpenAI. Oracle also reported strong RPO, short for remaining performance obligation. RPO is what contracted […]
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Oracle stock pops 10% on AI demand, new deals with Google and OpenAI
Oracle Chairman of the Board and Chief Technology Officer Larry Ellison delivers a keynote address during the 2019 Oracle OpenWorld in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images Oracle shares jumped more than 10% on Wednesday, a day after the software company announced its fourth-quarter results and cloud deals with Microsoft-backed […]
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Spotify to introduce more expensive subscription tier later this year, Bloomberg News reports
In this photo illustration, the Spotify music app is seen on a phone on June 04, 2024 in New York City. Spotify made an announcement that it will be raising the price of its Spotify Premium Individual plan by $1, from $10.99 to $11.99 per month and the Premium Family plan by $3, from $16.99 […]
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Warner Bros. Discovery strikes 10-year deal to broadcast the French Open in the U.S.
Spain’s Rafael Nadal reacts as he plays against Germany’s Alexander Zverev during their men’s singles match on Court Philippe-Chatrier on day two of The French Open tennis tournament at The Roland Garros Complex in Paris on May 27, 2024. Anne-christine Poujoulat | AFP | Getty Images Warner Bros. Discovery’s TNT Sports will be the new […]
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Elon Musk threatens to ban Apple devices from his companies over OpenAI partnership
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. David Swanson | Reuters Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on […]
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WNBA reports record TV viewership for 2024 season, highest game attendance in 26 years
Indiana Fever guard Caitlin Clark (22) maneuvers past Washington Mystics guard Ariel Atkins (7) and Washington Mystics guard DiDi Richards (12) during the Washington Mystics-Indiana Fever WNBA game at Capital One Arena in Washington, D.C., on June 7, 2024. Craig Hudson | The Washington Post | Getty Images The growing popularity of women’s basketball did […]
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