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☆ Ben Smith on 2024 Davos takeaway: An attempt to walk away from 'a progressive political posture'
  + stars: | 2024-01-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBen Smith on 2024 Davos takeaway: An attempt to walk away from 'a progressive political posture'Semafor co-founder and editor-in-chief Ben Smith joins 'Squawk Box' to discuss the 2024 World Economic Forum in Davos, Switzerland, key takeaways this week, and more.
Persons: Ben Smith Locations: Davos, Switzerland
☆ U.S. executives in Davos see a Trump victory in 2024, and no cause for concern
  + stars: | 2024-01-18 | by ( Alex Sherman Mackenzie Sigalos | Alex Sherman | Mackenzie Sigalos | ) www.cnbc.com   time to read: +6 min
The topic of Donald Trump has dominated dinners and parties at Davos, with many in attendance at the World Economic Forum mulling the former president's potential return to the White House after his resounding Iowa caucus victory. 2024 predictionsJamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Steve Schwarzman, Chairman, CEO & Co-Founder Blackstone Group, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCBlackstone CEO Stephen Schwarzman expressed another common theme among executives — that both Trump and U.S. President Joe Biden are flawed choices. Marc Benioff, co-founder, chairman and CEO Salesforce, speaking with CNBC's Sara Eisen at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.
Persons: Donald Trump, Evelyn Hockstein, —, I'm, Trump's, Jamie Dimon, JPMorgan, Adam Galici, Jamie Dimon wouldn't, CNBC's, Dimon, Biden, Trump, he's, Steve Schwarzman, Stephen Schwarzman, Joe Biden, Schwarzman, Ben Smith, Smith, Marc Benioff, Salesforce, Bloomberg's Brad Stone, CNBC's Sara Eisen Organizations: Reuters, Switzerland — Global, Washington , D.C, Trump, ., JPMorgan Chase, CNBC, NATO, White, U.S, Capitol, Blackstone Group, CNBC Blackstone, Biden, Wall Street Locations: Des Moines , Iowa, U.S, Reuters DAVOS, Switzerland, Washington ,, Davos, Trade, China, Mexico, United States
☆ Semafor: Billionaires discuss $50 million anti-Hamas media campaign
  + stars: | 2023-11-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor: Billionaires discuss $50 million anti-Hamas media campaignBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss a new report detailing a potential $50 million anti-Hamas media campaign from some of the biggest names in business.
Persons: Ben Smith, Semafor
☆ Withdraw funds from inherited accounts now to avoid getting 'buried in taxes' later, IRA expert says
  + stars: | 2023-10-27 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +1 min
Elenaval | Room | Getty ImagesIf you inherited an individual retirement account, the IRS waived penalties for some missed mandatory withdrawals this year. But there could be reasons to start taking them anyway, experts say. Prior to the Secure Act of 2019, heirs could "stretch" IRA withdrawals over their lifetime, which minimized year-to-year tax liability. By starting RMDs sooner, heirs can smooth out taxes over a number of years and possibly reduce the overall bill with proper planning, Slott said. Leverage 'pretty attractive' tax rates nowAnother reason to take RMDs sooner may be to leverage the current federal income tax rates, which could be changing in a couple of years.
Persons: Ed Slott, Slott, Ben Smith Organizations: Secure, Financial Locations: Milwaukee
☆ Retirement withdrawal rules are 'crazy' this year, IRA expert says. Here's what you need to know
  + stars: | 2023-10-25 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +2 min
"They're crazy," said IRA expert and certified public accountant Ed Slott, describing the new RMD rules. For 2023, RMDs apply to both pretax and Roth 401(k) accounts, along with other workplace plans. Secure 2.0 bumped the RMD beginning age to 73 from 72 for pretax IRA owners and retirement plan participants. If you turn age 72 in 2023, you can delay RMDs until age 73. But if you turned 72 in 2022, you needed to take your 2022 RMD by April 1, 2023, and your 2023 RMD by year-end.
Persons: RMDs, Ed Slott, pretax, Roth, Slott, Ben Smith Organizations: Sdi, Financial Locations: Milwaukee
☆ WSJ: Starboard builds 'sizeable' stake in News Corp, to push for strategic and governance changes
  + stars: | 2023-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWSJ: Starboard builds 'sizeable' stake in News Corp, to push for strategic and governance changesBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' with more on the news.
Persons: Ben Smith, Semafor Organizations: News Corp
☆ Airlines agonise over safety risk of Israel flights
  + stars: | 2023-10-12 | by ( Anna Ringstrom Bart H. Meijer Tim Hepher | Anna Ringstrom | Bart H. Meijer | ) www.reuters.com   time to read: +6 min
STOCKHOLM/AMSTERDAM, Oct 12 (Reuters) - Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM cancelling flights while sister airline Air France mounted a special relief flight chartered by the French foreign ministry. Israel's parliamentary finance committee meanwhile approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines. The framework will grant Israeli airlines cover against war risks, thereby ensuring the continuity of air operations. Foreign airlines have struggled to find a common approach and the head of European budget giant Ryanair (RYA.I) said it was up to governments to plot the way forward. PATCHY RESPONSEGermany's Lufthansa (LHAG.DE) said it was sticking to its plans for evacuation flights on Thursday and Friday, while continuing to ground commercial flights to Israel.
Persons: Ben Gurion, Ben Smith, Ed Bastian, Sasha Gainullin, Rafael Schvartzman, Obama, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Joanna Plucinska, Julia Payne, Carolyn Cohn, Steven Scheer, Rajesh Kumar Singh, Doyinsola, Terje Solsvik, Deborah Kyvrikosaios, Diane Craft Organizations: Airlines, Dutch KLM, Air France, Palestinian, Israel's, Norwegian Air, Insurance, Reuters, Foreign, Ryanair, KLM, Boeing, Lufthansa, Dubai's Emirates, Delta Air Lines, International Air Transport Association, Regulators, U.S . Federal Aviation Administration, Thomson Locations: STOCKHOLM, AMSTERDAM, Israel, Palestinian, Tel Aviv's, Ben, Gaza, Tel Aviv, Eilat, Emirates, United States, Europe, U.S, Ben Gurion
☆ Semafor's Ben Smith explains why he has doubts Rupert Murdoch is really stepping down
  + stars: | 2023-09-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemafor's Ben Smith explains why he has doubts Rupert Murdoch is really stepping downBen Smith, Semafor editor-in-chief, joins 'Squawk Box' to discuss news of Rupert Murdoch stepping down from his roles as chairman of Fox and News Corp., why he doubts the 92-year-old media mogul is really leaving, the ensuing succession drama, and more.
Persons: Semafor's Ben Smith, Rupert Murdoch, Ben Smith Organizations: Fox, News Corp
☆ Disney's wildest ride: Iger, Chapek and the making of an epic succession mess
  + stars: | 2023-09-06 | by ( Alex Sherman | ) www.cnbc.com   time to read: +88 min
Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.
Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, —, who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America
☆ CNN is reportedly in talks to bring in a British boss to clean up Chris Licht's mess
  + stars: | 2023-08-28 | by ( Chris Johnston | ) www.businessinsider.com   time to read: +4 min
Two British media figures have been linked with the top job at CNN, Semafor reported. Mark Thompson, the former New York Times Company CEO, is the "leading candidate," per the outlet. Not one, but two, British media figures have been linked with the role, Semafor first reported. Before an eight-year stint as The New York Times boss, he was director-general of the BBC. The decision to launch CNN Max comes about year after the company axed CNN+.
Persons: Semafor, Mark Thompson, James Harding, Chris Licht, Licht, Donald Trump, He'd, Jeff Zucker, Thompson, he'd, Semafor's Ben Smith, David Zaslav, Oli Scarff, Harding, WBD, CNN Max Organizations: CNN, New York Times Company, BBC News, Morning, The, Street Journal, New York Times, BBC, Financial Times, Washington DC, Max Locations: British, London, AFP, Asia, Washington
☆ Political violence in polarized U.S. at its worst since 1970s
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +26 min
Three academics who reviewed the cases say they add to growing evidence that America is grappling with the biggest and most sustained increase in political violence since the 1970s. Political violence surged for nearly a decade starting in the late-1960s – 1970 alone saw more than 450 cases, LaFree said. In contrast, much of today’s political violence is aimed at people – and most of the deadly outbursts tracked by Reuters have come from the right. “Political warfare”There’s no official tally of how many Americans die each year from political violence. Most of the fatal political violence identified by Reuters was carried out by people who embraced far-right views.
Persons: Kristen King’s, King, “, Austin Combs, ”, “ He’s, wailed, Anthony King, Donald Trump, Gary LaFree, LaFree, Rachel Kleinfeld, Carnegie’s Kleinfeld, Trump, Christopher Wray’s, Combs, Let’s, Joe Biden, Dave Spurrier, ” Combs, Wayne Staton, gaunt, Bri Smith, “ honk, Bubba, Ross, Cody Lee Harbaum, ” Harbaum, Edgar, Floyd Rockwell, Terry B’s, “ Hillary, Kim Jenkins, Patti Betz, “ Austin, Betz, Miss Patti, ‘, ” Betz, Paul Pelosi, Nancy Pelosi, Paul, Nancy Pelosi’s, Katie Pridemore, Shawn Popp, Popp, Donald Henry, Henry, ’, Craig Greenberg, Quintez Brown, Greenberg, Brown, ” Brown, Robert Telles, Telles, Benjamin Smith, Dajah Beck, Beck, Smith, Allie Bradley, “ You’re, Bradley, Kristine Christenson, Ben Smiths, rightwing hecklers, ” Bradley, Knightly’s, Katherine Knapp, King’s, Kristen, Pridemore Organizations: Democrat, Reuters, U.S . Capitol, University of Maryland criminologist, Oklahoma, Federal Bureau of, Carnegie Endowment, International, Democratic, Trump, U.S . Department of Homeland Security, Republican, Democratic Party, Republican Party, Miss, . House, San, U.S, Capitol, Media, Attorney’s Office, Judicial, Las, Veterans, Pridemore Locations: OKEANA, Ohio, Okeana, America, Florida, Portland, Buffalo, Washington, Butler County, Brandon, Butler, Hamilton, San Francisco, Wisconsin, New Mexico, U.S, Louisville , Kentucky, China, Taiwan, California, Clark County , Nevada, Las Vegas, Normandale, Portland , Oregon, ”
☆ You're going to see a lot of empty red carpets over the summer, says Semafor's Ben Smith
  + stars: | 2023-07-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou're going to see a lot of empty red carpets over the summer, says Semafor's Ben SmithBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss the state of Hollywood productions, after contract talks between SAG-AFTRA union and major studios collapsed, forcing the actors union to join writers on strike.
Persons: Semafor's Ben Smith Ben Smith, Semafor Organizations: SAG
☆ Watch CNBC's full panel on Bob Iger and Disney with Ben Smith and Matt Belloni
  + stars: | 2023-07-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full panel on Bob Iger and Disney with Ben Smith and Matt BelloniBen Smith, Semafor co-founder and editor-in-chief, and Matt Belloni, Puck founding partner, join CNBC's Julia Boorstin and 'Last Call' to talk the latest news that Disney will be extending CEO Bob Iger's contract through 2026.
Persons: Bob Iger, Ben Smith, Matt Belloni Ben Smith, Semafor, Matt Belloni, Puck, CNBC's Julia Boorstin, Bob Iger's Organizations: Disney
☆ Failing to find a successor for Iger can be seen as a failing for Disney's board: Puck's Matt Belloni
  + stars: | 2023-07-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFailing to find a successor for Iger can be seen as a failing for Disney's board: Puck's Matt BelloniBen Smith, Semafor co-founder and editor-in-chief, and Matt Belloni, Puck founding partner, join CNBC's Julia Boorstin and 'Last Call' to talk the latest news that Disney will be extending CEO Bob Iger's contract through 2026.
Persons: Matt Belloni Ben Smith, Semafor, Matt Belloni, Puck, CNBC's Julia Boorstin, Bob Iger's Organizations: Disney
☆ How 'the dress' broke the internet — and pushed Facebook to force everyone into their own filter bubble
  + stars: | 2023-05-25 | by ( Ben Smith | ) www.businessinsider.com   time to read: +8 min
In 2015, a BuzzFeed staffer posted a picture of a dress with the caption, "What color is this dress?" The following is an excerpt from "Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral" by Ben Smith. Jonah saw it differently. From TRAFFIC: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral by Ben Smith. Copyright © Ben Smith, 2023.
☆ News startup Messenger launches with Trump 'exclusive' while advertisers expressed skepticism ahead of debut: 'We can't have another Quibi'
  + stars: | 2023-05-15 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +8 min
Jimmy Finkelstein's startup The Messenger launched today with a Trump interview leading the site. Advertisers said it'll be tough to sell ads on a site without an established audience. The site led with an interview with former President Donald Trump and ads from the American Petroleum Institute. The Messenger said it'll roll out seven other verticals including business, entertainment, and sports later in the year. Image from The Messenger's launch ad campaign.
☆ Opinion | Dooce and Other ‘Mommy Blogs’ Deserve Credit for Shaping the Internet
  + stars: | 2023-05-13 | by ( Jessica Grose | ) www.nytimes.com   time to read: +2 min
In the past few months, several internet giants have fallen. BuzzFeed News folded. Vice is headed for bankruptcy. And with the recent publication of Ben Smith’s “Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral,” there’s been a resurgence of chatter about Gawker Media, which went kaput in 2016. (I worked at Jezebel, which was under the Gawker Media umbrella, from 2007 to 2008.)
☆ The Messenger, Jimmy Finkelstein's digital news startup, meets advertiser skepticism ahead of May 15 launch: 'We can't have another Quibi'
  + stars: | 2023-05-11 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +8 min
Jimmy Finkelstein's startup The Messenger will roll out an ad campaign touting its mission to provide unbiased news. An ad campaign by Publicis unit Le Truc will kick off May 22 and is designed to provoke, with copy like "Agendas are for meetings. Image from The Messenger's launch ad campaign. The Messenger said it'll have three to four big advertisers at launch as well as a significant amount of programmatic advertising. The Messenger's ad campaign promotes its ambitions to provide unbiased news.
☆ Opinion | We’re Watching the End of a Digital Media Age. It All Started With Jezebel.
  + stars: | 2023-05-03 | by ( Ben Smith | ) www.nytimes.com   time to read: +2 min
Ten years ago, a group of digital media companies thought the future belonged to us. On television, still America’s dominant medium, social media also helped boost a new kind of confrontational, hyperpolitical style, but that seems to be fading, too. Media commentators from CNN to The Financial Times are using the same phrase for this moment: “The end of an era.”But when did this era in media begin? But to understand the period we all lived through, we need to give it a beginning and an end. And when I went back to find the origins of this media moment while researching a book on our recent history, the earliest, brightest sparks I saw came from a particular place.
☆ Hollywood writers go on strike after contract negotiations fail
  + stars: | 2023-05-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHollywood writers go on strike after contract negotiations failBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss the strike's impact on TV and film production, the shifting media landscape at large, and more.
☆ How ‘Going Viral’ Became a Thing
  + stars: | 2023-04-30 | by ( Virginia Heffernan | ) www.nytimes.com   time to read: +1 min
Select a party anthem (“YMCA”), a quality in a dream partner (“ravenous”) and presto: your spiritual home. Too many people got Wyoming — more than actually lived in Wyoming — and this turn of events was so exciting that people stomped over to Facebook to protest. Then, according to Ben Smith in his engrossing and suspenseful book, “Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral,” the team at BuzzFeed noticed something that changed media forev —Well, not forever. This is Ben Smith, after all. Co-founder of Semafor, former New York Times media columnist, onetime editor in chief of BuzzFeed News.
☆ Russia’s war on Ukraine redrew the map of the sky – but not for Chinese airlines
  + stars: | 2023-04-25 | by ( Xiaofei Xu | ) edition.cnn.com   time to read: +7 min
He told the newspaper that airlines flying over Russia were indirectly helping the Kremlin’s war effort. Safety implicationsVirgin's Richard Branson has called for a ban on Chinese airlines flying to Europe via Russian airspace. CNN has reached out to the three main state-owned Chinese airlines – Air China, China Eastern and China Southern – for comments. For now, Chinese airlines have yet to return to full pre-pandemic capacities. But as Chinese airlines gradually return to normal and the war in Ukraine continues to rage on, European airlines could potentially face more fierce challenges on routes between Europe and East or Southeast Asia, creating some interesting choices for passengers.
☆ Insiders say Tucker Carlson overplayed his hand at Fox but the 'whole universe' of right-wing media is courting him now
  + stars: | 2023-04-25 | by ( Claire Atkinson | ) www.businessinsider.com   time to read: +8 min
the Fox insider said. Lachlan Murdoch had defended Carlson time and again, most publicly in April 2021, pushing back against Anti-Defamation League complaints of the anchor's "great replacement theory" comments. Lachlan Murdoch and Rupert Murdoch. A second Fox News insider, who is familiar with conversations happening in Australia, said Lachlan Murdoch was looking long term. The board has also put pressure on the Murdoch family to change things at Fox News.
☆ The demise of BuzzFeed News marks the end of an era for digital media
  + stars: | 2023-04-21 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +5 min
BuzzFeed News, the digital news outlet that harnessed the power of social media to take the internet by storm, is shuttering. Back then, BuzzFeed was the envy of media and its employees the cool kids of the industry. Lists and quizzes saturated social media feeds and dominated the internet. As the dinosaurs of the social media era get their lunch eaten by newcomers such as TikTok, so are the outlets that previously wielded those same platforms as their superpowers. BuzzFeed News gave BuzzFeed writ large prestige that the other content companies of the bygone era (ViralNova, Distractify, etc.)
☆ BuzzFeed News will shut down
  + stars: | 2023-04-20 | by ( Oliver Darcy | ) edition.cnn.com   time to read: +5 min
New York CNN —BuzzFeed News, the Pulitzer Prize-winning digital news website that that took the internet by storm roughly a decade ago and inspired jealousy from legacy media organizations, will shutter, BuzzFeed chief executive Jonah Peretti announced Thursday. “While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization,” Peretti told staffers. BuzzFeed has “begun discussions with the News Guild,” the union which represents staffers at the company, about the actions. “HuffPost and BuzzFeed Dot Com have signaled that they will open a number of select roles for members of BuzzFeed News,” Peretti told employees. The news that BuzzFeed News will shutter prompted an outpouring of messages posted online from former BuzzFeed News staffers who expressed sadness and dismay.
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