Media
Nadella, Narayen among tech CEOs investing in cricket’s American dream
Cricket may not be as popular a sport in the U.S. as elsewhere in the world, but some high-profile CEOs and investors are trying to change that. As the Men’s T20 Cricket World Cup, co-hosted by the U.S. for the first time, ramps up, investors have pumped nearly a billion dollars into their American ambition. […]
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Waystar shares slip in Nasdaq debut after digital health company priced IPO in middle of range
Waystar shares slid about 3% in their Nasdaq debut on Friday, after the health-care payment software vendor priced its IPO in the middle of the expected range. The stock opened at $21 per share, below the IPO price of $21.50 late Thursday. Waystar said its expected price would be between $20 and $23 per share […]
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A new account rekindles allegations that Trump disrespected Black people on ‘The Apprentice’
Republican presidential candidate and former U.S. President Donald Trump attends a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, at Trump Tower in New York City, U.S., May 31, 2024. Brendan Mcdermid […]
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PGA, Saudi-backed LIV in ‘active discussions’ one year after announcing proposed deal that rocked the golf world
The PGA Tour and the Saudi-backed LIV Golf have been in active discussions, according to a person familiar with the matter, one year after the two entities stunned the world and announced on CNBC that they had agreed in principle to join forces. The talks between the tour and the Saudi Public Investment Fund, which […]
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Australia drops case against Elon Musk’s social media platform X over church stabbing footage
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. Apu Gomes | Getty Images Australia on Wednesday announced it had dropped its legal battle against Elon Musk’s X to have graphic footage […]
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NBA, NHL voice concerns over future of Diamond Sports, as it tries to craft post-bankruptcy plan
A Bally Sports display is shown in the eighth inning of the game between the MLB’s Houston Astros and Minnesota Twins at Target Field in Minneapolis, Minnesota, on April 9, 2023. David Berding | Getty Images Sport | Getty Images The NBA and NHL are concerned over Diamond Sports’ future, and whether the regional sports […]
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Paramount leadership team outlines job cuts, streaming JV plans at annual meeting
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 The current leadership of Paramount Global presented a go-forward plan at the company’s annual shareholder meeting Tuesday in the event a sale of the […]
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Hollywood’s Jeffrey Katzenberg bets on cybersecurity, avoids digital media as he seeks out startups
Jeffrey Katzenberg, film producer, at the Allen & Company Sun Valley Conference on July 06, 2022 in Sun Valley, Idaho. David A. Grogan | CNBC Media mogul Jeffrey Katzenberg is bullish on technology as he pulls in more money for startup investing. But he’s keeping his venture portfolio clear of digital media. Katzenberg, who three […]
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Medical startup Sword Health announces AI that patients can talk to
Patient using Sword Health. Courtesy: Sword Health Pain management startup Sword Health on Tuesday announced a new artificial intelligence solution named Phoenix that patients can speak with for guidance through virtual physical therapy sessions. Sword, founded in 2015, offers digital tools to help patients manage pain from home and avoid other treatments like opioids and […]
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Paramount and Skydance agree to terms of a merger deal
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. Getty Images Paramount and Skydance have agreed to terms of a merger, which will likely be announced in the coming days, CNBC’s David Faber reported Monday. A Paramount special committee and the buying consortium — David Ellison’s Skydance, […]
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