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LONDON (Reuters) - Meghan, Britain's Duchess of Sussex, has said she was targeted with "hateful" online abuse during her two pregnancies, criticising the toxicity and lack of humanity on the internet and in parts of the media. Meghan married King Charles' second son Harry in 2018, and the couple have two children, Archie, 4, and Lilibet, 2. "You just think about that and really wrap your head around why people would be so hateful ... Meghan's appearance comes during a difficult time for the royal family, after Charles was diagnosed with cancer and as Kate, the wife of Harry's older brother William, recovers from surgery. Photos You Should See View All 60 ImagesHarry has said his father's cancer diagnosis could help bring the family closer together again.
Persons: Meghan, Britain's Duchess of Sussex, King Charles ', Harry, Archie, Lili, Charles, Kate, William, Alistair Smout, Giles Elgood Organizations: SXSW Locations: Austin , Texas, California
“I have to go get a photo of Adam!”A young woman in dark glasses, a tan trench coat and a lavender bucket hat darts into the street and runs after the white Porsche convertible in which Representative Adam Schiff and his wife are slowly being driven through Chinatown as part of the Lunar New Year’s parade in Los Angeles. Planting herself several feet in front of the car, the woman snaps some pics and then calls out to the passing House member, “Thank you for all that you do!”As she heads back toward her friends, I try to stop her, asking why she is a fan of Mr. Schiff, who is running for the Senate to succeed Dianne Feinstein, who died in office last September at age 90. The woman keeps moving but gushes, with a hint of perplexity suggesting I’m an idiot for having to ask: “Everybody loves him! My mother-in-law in Madison, Wisconsin, loves him! He’s done so much!”
Persons: Adam, , Adam Schiff, Planting, Schiff, Dianne Feinstein Organizations: Porsche, Senate Locations: Chinatown, Los Angeles, Madison , Wisconsin
The state of Alaska — which covers 665,384 square miles (426 million acres) — is home to five of the 15 least-visited national parks for 2023. Wrangell-St. Elias National Park & Preserve, Alaska - 78,305 recreation visitsAmerica’s largest national park, Wrangell-St. Elias encompasses 13.2 million acres — or about the size of Yellowstone National Park, Yosemite National Park and Switzerland combined, the Park Service says. Dry Tortugas National Park, Florida - 84,285 recreation visitsThis island park in Florida is among 20 National Park Service sites that broke visitation records in 2023. Channel Islands National Park, California - 328,746 recreation visitsStretching over five islands and the surrounding ocean, Channel Islands National Park offer opportunities to hike, snorkel, kayak, birdwatch and more. While Pinnacles may rank among the 15 least-visited national parks, it gets very busy on weekends, holidays and throughout the spring, according to a notice on the park’s website.
Persons: Alaska’s Gates, , ” Peter Christian, fa’asamoa, Gates, , Katmai, Brooks Camp, Elias, Lumir, Nabesna, McCarthy Organizations: CNN, &, CNN Travel, of, Park Service, National Parks, & Preserve, South Pacific, Hawaiian Airlines, Lake Clark, National Park Service, Getty, Isle Royale, NPS, Wolves, Elias, Park & Preserve, Yosemite National, Voyageurs National, Voyageurs National Park, ” Voyageurs, Voyageurs, Service, Channel Locations: Alaska’s, Fairbanks, Alaska, of American Samoa, South, Samoa, Smoky, Wild Rivers, American Samoa, Honolulu, , Alaska, Isle, Lake Superior, Isle Royale, Park , Michigan, Brooks, , Washington, Wrangell, St, Elias, Yellowstone, Yosemite, Switzerland, , Florida, Florida, Key, Fort Jefferson, , Nevada, Minnesota, Voyageurs National Park , Minnesota, Canada, Guadalupe, Park , Texas, Texas, Salt, , South Carolina, South Carolina, Congaree, There’s, Santa Cruz, , California, Southern California
CNN —When dual US-Russian citizen Ksenia Karelina boarded a flight from Istanbul to Russia in January, the last thing on her mind was that she would find herself behind bars weeks later on treason charges, her boyfriend told CNN’s Brianna Keilar Wednesday. She went on to Russia, while he returned to California - and that’s when he discovered she had been detained. Russian authorities took her cell phone then released her and she was able to see her family and contact him. Despite it all Van Heerden said he was hopeful the US would not give up on her. Ksenia Karelina's boyfriend said she had for years been a "semi-pro" ballerina.
Persons: Ksenia Karelina, CNN’s Brianna Keilar, Karelina “, , Chris Van Heerden, Karelina, Van Heerden, Ksenia, ” Karelina, Ukraine –, , Nick Starichenko, Shutterstock, Andrei Soldatov, Evan Gershkovich’s, Vladimir Putin, Vadim Krasikov, ” Putin, Tucker Carlson Organizations: CNN, Angeles, Federal Security Service, Russia, Russia’s Federal Security Service, Court, Wall Street Locations: Russian, Istanbul, Russia, Yekaterinburg, California, Karelina, Ukrainian, Ukraine, America, Moscow, Germany, Chechen, Berlin, United States
Tech's longtime highfliers are growing up by getting smaller
  + stars: | 2024-02-02 | by ( Ari Levy | ) www.cnbc.com   time to read: +7 min
They're still out hunting for the best technical talent, particularly in areas like artificial intelligence, but headcount growth is measured. Last year, tech companies were responding to dramatically changing market conditions — soaring inflation, rising interest rates, rotation out of risk — after an extended bull market. Meta slashed over 20,000 jobs in 2023, Amazon laid off more than 27,000 people, And Alphabet cut over 12,000 positions. Other than Nvidia , which had a banner 2023 due to soaring demand for its AI chips, none of the other mega-cap tech companies have been growing at their historic averages. By late this year, analysts are projecting growth at Meta will be back down to the low teens at best.
Persons: Tayfun, There's, Daniel Flax, Neuberger Berman, CNBC's, Morgan Stanley, Brian Nowak, Brian Olsavsky, They're, Mark Zuckerberg, Zuckerberg, Olsavsky, Phil Spencer, Justin Sullivan, Okta, Zuora, Evan Sohn, Recruiter.com, " Sohn, Susan Li, Ben Barringer, Cheviot, Barringer, , Annie Palmer Organizations: Anadolu Agency, Getty Images Technology, Amazon, Meta, hasn't, Microsoft, Activision Blizzard, SAN FRANCISCO, Activision, FTC, Getty, Federal, Labor Department's Bureau of Labor Statistics, Tech, Nvidia, Finance, CNBC Locations: Menlo Park , California, Silicon Valley, CALIFORNIA, San Francisco , California
BURBANK, CALIFORNIA - JANUARY 16: Tesla electric cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. (Photo by Mario Tama/Getty Images)Electric vehicle maker Tesla is recalling nearly 200,000 cars in the U.S. due to a "software instability" that prevented the rearview camera image from displaying, according to the National Highway Traffic Safety Administration (NHTSA). The U.S. agency said in a recall update on its website that Tesla was recalling certain 2023 Model S, X, and Y vehicles equipped with full self-driving 4.0, the company's driverless software system, due to the software bug. The potential number of cars affected by the recall is 199,575, the NHTSA said. Tesla's reference number for the recall is SB-24-00-002 and customers with questions are advised to speak to the company's customer services.
Persons: Mario Tama, Tesla Organizations: National, Traffic Safety Administration, NHTSA Locations: BURBANK , CALIFORNIA, Burbank , California, U.S
In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTBURBANK, CALIFORNIA - JANUARY 16: Tesla electric cars are parked at a Tesla dealership on January 16, 2024 in Burbank, California. Tesla CEO Elon Musk has long whetted fans' and investors' appetites for affordable electric vehicles and self-driving robotaxis that are expected to be made on next-generation, cheaper electric car platforms. Musk had first promised to build a $25,000 car in 2020, a plan he later shelved and then revived. watch nowMusk said in May that Tesla was working on two new products, with the potential for combined sales of 5 million vehicles a year. He and other Tesla executives laid out plans last March to halve the cost of its next-generation vehicles, but did not provide a timeframe for the launches.
Persons: Mario Tama, Tesla, Elon Musk, China's BYD, Musk, Walter Isaacson's Organizations: Getty Locations: BURBANK , CALIFORNIA, Burbank , California, U.S, United States
Quinta Brunson, Ayo Edebiri win early Emmy trophies
  + stars: | 2024-01-16 | by ( ) www.cnbc.com   time to read: +1 min
LOS ANGELES, CALIFORNIA - Quinta Brunson accepts the Outstanding Writing for a Comedy Series award for "Abbott Elementary" on stage during the 74th Annual Primetime Emmy Awards. "The Bear" star Ayo Edebiri and Quinta Brunson of "Abbott Elementary" scored some of the early awards at the Emmys on Monday as Hollywood celebrated the best of television. Edebiri won best supporting actress for her role as a chef trying to help open a fine-dining restaurant on dramedy "The Bear." Holding her trophy on stage, Edebiri thanked her family for "letting me feel beautiful and Black and proud of all of that." Brunson was named best actress in a comedy for playing an optimistic teacher on "Abbott," a show she created.
Persons: Quinta Brunson, Abbott, Edebiri, Brunson, Carol Burnett, " Brunson Organizations: Hollywood Locations: ANGELES , CALIFORNIA
Secretary Yellen and Vice Premier Lifeng will hold meetings ahead of the APEC summit being held in San Francisco. (Photo by Justin Sullivan/Getty Images)BEIJING — Chinese Vice Premier He Lifeng met with global financial executives Wednesday and pledged to make it easier for foreign institutions to invest in the country, state media said. Vice Premier He is also director of the office of the Central Commission for Financial and Economic Affairs. "China will continue to deepen the reform and two-way opening-up of its capital market, facilitate cross-border investment and financing, and attract more foreign financial institutions and long-term capital to China," He reportedly said at the meeting, according to state news agency Xinhua. China has gradually allowed foreign financial institutions to take majority control of their local operations.
Persons: Janet Yellen, Yellen, Lifeng, Justin Sullivan, Goldman Sachs Organizations: FRANCISCO, People’s, Ritz Carlton Hotel, APEC, Central Commission, Financial, Economic Affairs, U.S, Xinhua Locations: CALIFORNIA, People’s Republic of China, San Francisco , California, San Francisco, BEIJING, China
(Photo by Emma McIntyre/Getty Images for Coachella)In the oversaturated K-pop music scene, groups come as quickly as they go. Most contract renewals take place without much fanfare — but not for Blackpink, one of the biggest girl groups in the world. When members of the girl group were due to renew their contracts, shares of their label YG Entertainment went on a wild ride. In September, shares of the Kosdaq-listed YG Entertainment plunged on two separate occasions. Shares of YG climbed about 3% on that news.
Persons: Jennie, Jisoo, Lisa, Emma McIntyre Organizations: Coachella, Valley Music, Arts Festival, YG Entertainment, Ilbo, YG Locations: INDIO , CALIFORNIA, Indio , California, Korean
(Photo by Emma McIntyre/Getty Images for Coachella)Shares of K-pop agency YG Entertainment climbed over 3% on Monday after South Korean media reported that girl group Blackpink has agreed to continue group activities under the label. According to an exclusive by South Korean outlet Munhwa Ilbo, individual members will not be renewing their exclusive contracts with YG but the group agreed to continue group activities as Blackpink under the label. In the future, they plan to carry out individual activities and come together only for Blackpink activities," according to a Google translation. The report added that two members already signed a contract "agreeing to continue Blackpink's activities," without naming the members. It's the latest development in a long-running contract saga involving the four-member group made up of members Jisoo, Jennie, Rosé, and Lisa.
Persons: Lisa, Jennie, Emma McIntyre, Blackpink, Munhwa Ilbo, Jisoo, Rosé Organizations: Coachella, Valley Music, Arts Festival, YG Entertainment, South, Munhwa Ilbo, YG, Munhwa Locations: INDIO , CALIFORNIA, Indio , California
WOODSIDE, CALIFORNIA - NOVEMBER 15: U.S. President Joe Biden delivers remarks at a news conference at the Filoli Estate on November 15, 2023 in Woodside, California. The news conference follows a meeting between Biden and Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) Leaders' week, their first since meeting at the Indonesian island resort of Bali in November 2022. (Photo by Kent Nishimura/Getty Images)U.S. President Joe Biden has again called his Chinese counterpart a dictator — a move that could potentially unravel the progress made between the world's two leading powers. Shortly after his first meeting with China President Xi Jinping in a year, Biden responded to a question on whether he stood by his June comment labeling Xi a dictator. "Well, look, he is," Biden said Wednesday after the two leaders met on the sidelines of the Asia-Pacific Economic Cooperation in San Francisco.
Persons: Joe Biden, Biden, Xi Jinping, Kent Nishimura, , Xi, He's Organizations: Economic Cooperation, APEC, China Locations: WOODSIDE , CALIFORNIA, Woodside , California, Asia, Indonesian, Bali, San Francisco
Russian President Vladimir Putin speaks during his press conference at the Konstantin Palace on July 29, 2023 in Saint Petersburg, Russia. Russian media have already reveled in pouring cold water on the Asia-Pacific Economic Cooperation (APEC) summit where Xi and Biden are due to meet Wednesday. Russian President Vladimir Putin was not invited due to U.S. sanctions so Deputy Prime Minister Alexei Overchuk is representing Russia at the summit. A range of Russian newspapers including Kommersant, Izvestia, Argumenty i Fakty, Nezavisimaya Gazeta and Komsomolskaya Pravda did not feature any news on the APEC summit or Xi-Biden talks. China's President Xi Jinping and U.S. President Joe Biden at the G20 Summit in Nusa Dua on the Indonesian island of Bali on Nov. 14, 2022.
Persons: Vladimir Putin, Konstantin, Xi Jinping, Joe Biden, Xi, Biden, Katherine Tai, Tai, David Paul Morris, Xi's, Alexei Overchuk, Dmitry Peskov, Kamala Harris, Kent Nishimura, Komsomolskaya, Putin, — Xi, Sergei Guneyev, Ian Bremmer, Saul Loeb Organizations: Getty, U.S, Economic Cooperation, Novosti, APEC, U.S . Trade, Russian Federation, San Francisco International Airport, American, Bloomberg, Getty Images Bloomberg, Israel, Kremlin, SAN FRANCISCO, Merchant Exchange Club, Tass, Kommersant, Izvestia, Gazeta, Komsomolskaya Pravda, Sputnik, AFP, West, Analysts, Eurasia Group, China's, Afp Locations: Saint Petersburg, Russia, Russian, San Francisco, China, Beijing, Washington, Moscow, Asia, United States, San Francisco , California, Ukraine, Pacific, U.S, CALIFORNIA, Taiwan, Nusa Dua, Indonesian, Bali
How Disney can save the Marvel Cinematic Universe
  + stars: | 2023-11-14 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +13 min
CEO Bob Iger suggested as early as March that the company should decrease the number of sequel films Marvel releases in favor of bringing newer characters and stories into the mix. Box office analysts aren't ready to wave the white flag on the MCU, which has left rival DC, owned by Warner Bros. The promise was that the events of the shows would come full circle and influence the content of Marvel's films. Brie Larson stars as Carol Danvers aka Captain Marvel in Disney and Marvel's "The Marvels." It is expected that this Deadpool film will follow carry an R rating, which would be a first for a Marvel Cinematic Universe feature.
Persons: Marvel Studios Kevin Feige, Jesse Grant, Captain America, It's, Marvel, Disney, Bob Iger, aren't, Kevin Feige, Paul Dergarabedian, Elizabeth Olsen, Paul Bettany, Wanda Maximoff, Sam Wilson, Loki, Knight, they've, Robert Thompson, Tony Stark, Steve Rogers, Robbins, Paul Rudd, Scott Lang, Johnathan Majors, Kang the, Kang, Jonathan Majors, Shawn Robbins, Josh Brolin, Chris Evans, Robert Downey Jr, Scarlett Johansson, Strange, Hugh Jackman, Brie Larson, Carol Danvers, Captain Marvel, James Bond, Marvel hasn't, hasn't, it's, America Chavez, Kate Bishop, Kamala Kahn, Cassie Lang, Riri Williams, Ryan Reynolds, Maya Lopez, Wilson Fisk, Lopez, Agatha Organizations: Marvel Studios, Walt Disney Studios, Disney, Getty, Marvel, DC, Warner Bros, Captain, Syracuse University, Guardians, Rotten, CNBC, Disney Marvel, Sony, Hollywood, Star Wars, Star, Young Avengers, Fox, Hulu Locations: ANAHEIM , CALIFORNIA, Anaheim , Calif, California, Shanghai, Quantumania
DANA POINT, CALIFORNIA - SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media)Whitney Wolfe Herd, founder and CEO of the dating app Bumble , is stepping down from her role at the helm of the company early next year. She will be succeeded by Lidiane Jones, CEO of Salesforce's cloud-based messaging platform Slack, on Jan. 2, 2024, according to a company release Monday. She will transition to a new role as executive chair when Jones takes over as CEO. She added that she is "grateful to have the support of my colleagues at Slack and Salesforce."
Persons: POINT, Whitney Wolfe Herd, Bumble, Vox, Jerod Harris, Wolfe Herd, Lidiane Jones, Jones, Slack, Salesforce Organizations: The Ritz, Carlton, Getty, Vox Media, Microsoft, CNBC PRO Locations: CALIFORNIA, Laguna Niguel, Dana Point , California
October 22 - For the Boston Bruins, embarking on a four-game road trip so early in the NHL season has its benefits. Captain Brad Marchand and David Pastrnak each had three-point games, giving each points in every game this season. Additionally, Morgan Geekie netted his first goal with the Bruins, and Derek Forbort dished out two assists. The Ducks have played short-handed 22 times while being awarded only 12 power plays on the season. "Fatigue will set in and then guys are sitting on the bench, the rhythm of the game gets pickled," Cronin said.
Persons: James van Riemsdyk, that's, Van Riemsdyk, Brad Marchand, David Pastrnak, Marchand, Morgan Geekie, Derek Forbort, Jim Montgomery, Montgomery, We're, Greg Cronin's, Frank Vatrano, Anaheim's, Cronin, Vatrano, we're, Jamie Drysdale Organizations: Boston Bruins, NHL, Los Angeles, Bruins, Anaheim Ducks, Ducks, Greg Cronin's NHL, Carolina, Arizona, Thomson Locations: California, Boston's, Anaheim, Anaheim's, Massachusetts
[1/2] California Governor Gavin Newsom speaks at an event for the second year of the Roybal School of Film and Television Production Magnet at the Edward R. Roybal Learning Center in Los Angeles, California, U.S., October 13, 2023. "As two of the world’s largest economies, our partnership is essential to delivering climate action for our communities and beyond," Newsom said in a statement on Wednesday. Newsom has been building up a national profile as a voice for stringent climate action, most recently gaining applause at the United Nation's Climate Ambition Summit last month for a speech railing against oil companies' climate policy obstruction. China, the world's largest methane emitter, has yet to release details of its planned methane reduction strategy despite encouragement from Kerry's team to do so. The governor also plans to tour Tesla’s Shanghai Gigafactory, which produces the largest number of electric vehicles in the world.
Persons: Gavin Newsom, Edward R, Mario Anzuoni, Gavin Newsom's, Janet Yellen, Antony Blinken, John Kerry, Gina Raimondo, Newsom, Kerry, Valerie Volcovici, Deborah Kyvrikosaios Organizations: California, Roybal, of Film, Learning, REUTERS, Rights, United, Ambition, Shanghai, Thomson Locations: Los Angeles , California, U.S, California, China, Beijing, Hong Kong, Shanghai, Jiangsu
Oct 13 (Reuters) - President Joe Biden will announce in Philadelphia on Friday the recipients of $7 billion in federal grants for the development of regional hydrogen hubs, advancing a key part of his administration's broader plan to decarbonize the U.S. economy. "The regional hydrogen hubs will kickstart a national network of clean hydrogen production, consumers and the connected infrastructure necessary, while supporting the production, storage and delivery and end use of clean hydrogen,” a senior administration official said. The hubs selected will serve the mid-Atlantic, Appalachian, Midwest, Minnesota and Plains states, the Gulf Coast, Pacific Northwest and California. The grants are expected to leverage over $40 billion in private investment, generate tens of thousands of jobs and create a national hydrogen economy. Most of the selected hubs include the use of natural gas to power hydrogen production, which administration officials said would need to install carbon capture technology to qualify.
Persons: Joe Biden, , Biden, Chris Hannan, Rachel Fakhry, Valerie Volcovici, Diane Craft Organizations: Industry, Administration, of, Treasury Department, Natural Resources Defense, Thomson Locations: Philadelphia, U.S, Pennsylvania, California, Appalachian, Midwest , Minnesota, Plains, Gulf Coast, Pacific Northwest, Texas, of California
A veto by the governor can still be overturned if the legislature chooses to vote in favor of the bill with a two-thirds majority in each house. While many states, including Texas and Arkansas, have allowed the testing and operation of self-driving trucks, California - home to Alphabet (GOOGL.O), Apple (AAPL.O) and some of the most cutting-edge tech startups - bars autonomous trucks weighing more than 10,001 pounds. Developing autonomous technology has proved harder and more expensive than expected, leading to job cuts and even companies shutting shop. But labor unions led by the International Brotherhood of Teamsters have been calling for Governor Newsom to sign the bill, saying autonomous trucks - some of which weigh over 80,000 pounds - were unsafe and would lead to job losses. Governor Newsom in his veto message said any regulations framed by the department of motor vehicles would be transparent, with inputs from stakeholders and experts to ensure safety.
Persons: Tina Bellon, Gavin Newsom, Bill, Newsom, Abhirup Roy, Jan Harvey Organizations: REUTERS, FRANCISCO, U.S, Apple, Reuters, Daimler, Kodiak Robotics, International Brotherhood of Teamsters, Thomson Locations: Palmer, Dallas , Texas, U.S, California, Texas, Arkansas, Aurora, Southern California, San Francisco
INDIO, CALIFORNIA - APRIL 22: (L-R) Rosé, Jennie, Jisoo, and Lisa of BLACKPINK perform at the Coachella Stage during the 2023 Coachella Valley Music and Arts Festival on April 22, 2023 in Indio, California. (Photo by Emma McIntyre/Getty Images for Coachella)Shares of K-pop agency YG Entertainment tumbled 13.28% on Thursday after South Korean media reported that three of the four members of girl group Blackpink will not sign new contracts with the label. South Korean outlet Sports Seoul reported, citing "multiple music industry officials," that members Jisoo, Jennie and Lisa will sign contracts with other labels, while Rosé will renew her contract with YG. Reuters reported that YG said contract talks are ongoing and nothing has been decided. This comes after Thailand-born Lisa allegedly rejected two contract renewal offers from YG last week, with the size of the contract reportedly worth 50 billion South Korean won ($37.6 million).
Persons: Rosé, Jennie, Jisoo, Lisa of BLACKPINK, Emma McIntyre, Lisa Organizations: Coachella, Valley Music, Arts Festival, YG Entertainment, South, Sports Seoul, YG, Reuters, South Korean Locations: INDIO , CALIFORNIA, Indio , California, Blackpink, Thailand
The video platform, under the Alphabet-Google umbrella, teased a new generative AI feature dubbed Dream Screen specifically for its short-form video arm and TikTok competitor, YouTube Shorts. Dream Screen is an experimental feature that lets creators add AI-generated video or image backgrounds to their vertical videos. YouTube's Dream Screen tool, which allows users to create AI-generated video or image backgrounds by typing an idea into a prompt. YouTubeTo use Dream Screen, creators can type their idea for a background as a prompt and the platform will do the rest. Chikin Chow currently boasts the title of the most-watched YouTube Shorts creator in the world.
Persons: ” Neal Mohan, Mohan, YouTube Alan Chikin Chow, Chikin Chow, ” Chikin Chow, Alan Chikin Chow, Beverly Hilton, Emma McIntyre, clark, Dick Clark, he’s, Organizations: CNN, YouTube, Beverly Locations: Los Angeles, ANGELES , CALIFORNIA, Los Angeles , California, Silicon Valley
(Photo by Charley Gallay/Getty Images for Netflix)The main takeaway from Netflix 's second quarter earnings is business is ... good. Netflix added 1.2 million subscribers in the United States and Canada in the quarter — its largest regional quarterly gain since 2021. This is not the story for the rest of the media industry. That means Netflix will actually have even more cash than it previously expected. Next quarter, Netflix forecast subscriber gains will be about 6 million again.
Persons: Netflix Ted Sarandos, Charley Gallay Organizations: Netflix, Raleigh Studios Hollywood, Disney, Warner Bros, Paramount Global, Comcast Locations: ANGELES , CALIFORNIA, Los Angeles , California, United States, Canada
(Photo by Emma McIntyre/Getty Images for Coachella)Shares of K-pop management agency YG Entertainment dropped almost 7% after reports emerged that the contract renewal for a member of girl group Blackpink is in doubt. YG shares traded at 73,900 Korean won at 2.41pm KST. At this level, the stock is at its lowest since May 11, when it closed at 66,700 Korean won apiece. According to an exclusive report by South Korean media outlet Munhwa Ilbo, Thailand-born member Lisa has "not been able to find an agreement" regarding a contract extension with YG Entertainment. Blackpink — made up of members Jisoo, Jennie and Rosé, in addition to Lisa — has been one of YG Entertainment's most successful K-pop groups.
Persons: Jennie, Jisoo, Lisa, Emma McIntyre, , Rosé, Lisa — Organizations: Coachella, Valley Music, Arts Festival, YG Entertainment, YG, 2.41pm, Korean, South, Munhwa, Munhwa Ilbo Locations: INDIO , CALIFORNIA, Indio , California, South Korean, Munhwa Ilbo, Thailand, Korean
The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency without registering with the Securities and Exchange Commission. United Parcel Service — Shares of the logistics and delivery company fell more than 1% in premarket trading as negotiations between UPS and the Teamsters union appeared to hit an impasse. The union said in a statement Wednesday that negotiations had collapsed after UPS "walked away from the table." UPS said in response that it had not walked away and was encouraging the union to return to the table. The current UPS Teamsters contract expires at the end of July.
Persons: Justin Sullivan, Coinbase, Piper Sandler, Hertz, Hertz — Hertz, Jefferies, Macheel, Jesse Pound Organizations: Securities, Exchange, Securities and Exchange Commission, United Parcel Service, UPS, Teamsters, UPS Teamsters, Coinbase, AstraZeneca, Citi, Hertz — Locations: CALIFORNIA, San Anselmo , California
Shares of K-pop agencies dipped briefly on Wednesday after a reported investigation by South Korea's antitrust watchdog. The report said government agencies sent "examiners" to the offices of Hybe, SM Entertainment, YG Entertainment, according to a CNBC translation of the article. Hybe, the agency behind BTS, saw its shares fall as much as 3%, while SM Entertainment fell as low as 2.19%. When contacted by CNBC, South Korea's FTC said they could not confirm or deny the Yonhap report. Hybe said that it has no comments, while YG Entertainment and SM Entertainment did not respond to requests seeking comments to the Yonhap report.
Persons: Lisa, Jennie, Yonhap, Hybe, — CNBC's Kimberly Kao Organizations: Coachella, Valley Music, Arts Festival, Korea's Fair Trade Commission, Yonhap, SM Entertainment, YG Entertainment, CNBC, South, FTC Locations: INDIO , CALIFORNIA, Indio , California, South Korean, Hybe
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