DIRS.INFO The most relevant business & tech news

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

Jack Guez | Afp | Getty ImagesAfter a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Nathan Laine | Bloomberg | Getty ImagesBret Taylor, board chair Bret Taylor is currently a board member at the e-commerce platform Shopify . It isn't clear if Taylor's involvement with his own AI startup will cease with his appointment to lead OpenAI's board. OpenAI's board fired Altman Friday after determining he was "not consistently candid in his communications," but its members never elaborated further. Jack Guez | AFP | Getty ImagesIlya Sutskever Ilya Sutskever co-founded OpenAI and serves as its chief scientist.

Persons: Sam Altman, Ilya Sutskever, Jack Guez, Altman, There's, Satya Nadella, Nadella, Here's, Bret Taylor, Nathan Laine, He's, Elon, Taylor, Salesforce, Larry Summers, David A, CNBC Larry Summers Larry Summers, Clinton, Summers, Jack Dorsey, Adam D'Angelo Adam D'Angelo, D'Angelo, Helen Toner, CSET, Vox, Jerod Harris, Helen Toner Helen Toner, Toner, Tasha McCauley, Carlton Laguna Nigel, Tasha McCauley Tasha McCauley, Joseph Gordon, Levitt, McCauley, Ilya Sutskever Ilya Sutskever, Sutskever, Greg Brockman, Brockman, Brockman's, Sven Hoppe Organizations: Tel Aviv University, Afp, Getty, Microsoft, CNBC, Sequoia, Tiger Global, Salesforce, Viva Technology Conference, Bloomberg, Google, Economic, Grogan, Harvard University, Obama, Economic Council, Twitter, Meta, Facebook, The Ritz, Carlton, Georgetown University's Center for Security, Emerging Technology, Philanthropy, Business Development, Ritz, Rand Corporation, GeoSim Systems, AFP, University of Toronto, Stanford, Technical University of Munich Locations: Tel Aviv, Paris, Davos, Switzerland, Washington, Laguna Niguel, Dana Point , California, Russian Israeli, Canadian

☆ X, Snap and Discord CEOs subpoenaed by lawmakers to testify about child sexual exploitation
▼ + stars: | 2023-11-20 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Lawmakers said Monday that they have issued subpoenas to the CEOs of X, Snap and Discord to compel the executives to testify on a hearing regarding online child sexual exploitation. Marshals Service to personally serve the subpoenas to Discord and X, which they characterized as "a remarkable departure from typical practice." Hearing from the CEOs of some of the world's largest social media companies will help inform the Committee's efforts to address the crisis of online child sexual exploitation." A Discord spokesperson said that, "Keeping our users safe, especially young people, is central to everything we do at Discord." "We have been actively engaging with the Committee on how we can best contribute to this important industry discussion," the Discord spokesperson said.

Persons: Linda Yaccarino, Vox, Dick Durbin, Lindsey Graham, Durbin, Graham, Wifredo Fernandez, Fernandez, Evan Spiegel, they've, Mark Zuckerberg, TikTok's Shou Zi Chew Organizations: The Ritz, Carlton, Lawmakers, U.S . Marshals Service, Big Tech, Twitter, CNBC, Committee, Meta, X Corp Locations: Laguna, Dana Point , California, Canada

☆ Making Sweet, and Bittersweet, Music Together
▼ + stars: | 2023-11-17 | by ( Tammy Lagorce | ) www.nytimes.com time to read: +1 min

By the time he had reached his early 20s, another of his select few passions was consuming him: his relationship with his girlfriend, Vanessa Rodrigues Moody. Six months later, when she was a senior and he had graduated and moved to Baltimore to start a doctoral degree in music, neither was sure what would become of their budding romance. “I was terrified,” Dr. Repper said. “But I was also all in.”Dr. Repper grew up in Laguna Niguel, Calif., with a younger sister, Danielle. His mother, Dr. Claudia Repper, is an emergency room doctor.

Persons: Michael Eric Repper’s, Vanessa Rodrigues Moody, Repper, Moody, Paul, Weiss, Garrison, “, ”, Dr, Danielle, Claudia Repper, David Repper, Marilyn Smith Organizations: Stanford, Pacific Symphony Locations: American, Rifkind, Wharton, Baltimore, Laguna Niguel, Calif, Costa Mesa

☆ Bumble founder and CEO to step down early next year, Slack chief executive to succeed her
▼ + stars: | 2023-11-06 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

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

☆ Rite Aid is closing nearly 100 stores as part of its bankruptcy. See the list
▼ + stars: | 2023-10-18 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +6 min

New York CNN —Rite Aid, which had filed for Chapter 11 bankruptcy protection, is now preparing to shed almost 100 stores nationwide as part of its restructuring efforts. Over the past six years, Rite Aid has tallied nearly $3 billion in losses. in Costa Mesa, California139 North Grand Ave. in Covina, California20572 Homestead Road in Cupertino, California24829 Del Pradoin Dana Point, California7859 Firestone Blvd. in Yorba Linda, California25906 Newport Road in Menifee, California1600 North Main St. in Meridian, Idaho5808 Ritchie Hwy. in Mill Creek, Washington601 South Grady Way in Renton, Washington2707 Rainier Ave. in South Seattle, Washington– CNN’s David Goldman contributed to this story

Persons: Del, Dana, Glen, Ephraim Ave, Arnold St, Nicholas Ave, Reed, Washington – CNN’s David Goldman Organizations: New, New York CNN — Rite, Real Estate Partners, Rite Aid, Amazon, Walmart, Target, Costco, Aid, Solutions, SEC Alabama, Valley, Firestone, Alvarado St, Fulton, Yorba, Bel Air, Pulaski, Garfield, Main St, Clinton St, Michigan, Whittemore St, Hamilton St, Sunrise, Elmwood, New Carlisle , Ohio Euclid, Gettysburg, Medford, 9th St, Liberty, Eisenhower, Stevenson, 5th St, Reed St, Oxford, 63rd, Brighton, East Central, St, Evergreen, Grady Locations: New York, California, Maryland, Michigan, New Jersey, Ohio, Oregon, Pennsylvania, Washington, Alabama, Idaho, Pike, Monroeville , Alabama, Alhambra , California, Bellevue, Atwater , California, Costa Mesa , California, Covina , California, Cupertino , California, Dana Point , California, Downey , California, Irvine , California, La Mirada , California, Laguna Niguel , California, South Centinela, Los Angeles , California, Alvarado, Monterey , California, St, Ramona , California, Fulton Ave, Sacramento , California, Santa Cruz , California, Yorba Linda , California, Menifee , California, Main St, Meridian , Idaho, Baltimore , Maryland, Bel Air , Maryland, Elkton , Maryland, Glen Burnie , Maryland, Gratiot, Clinton Township , Michigan, Detroit , Michigan, Farmington Hills , Michigan, Fremont , Michigan, Clinton, Grand Ledge , Michigan, Jackson , Michigan, Macomb , Michigan, U.S, Manistee , Michigan, Redford , Michigan, Shelby Township , Michigan, St . Johns , Michigan, Centerville, Sturgis , Michigan, Taylor , Michigan, Wixom , Michigan, Berlin , New Hampshire Grove St, Peterborough , New Hampshire, Browns Mills , New Jersey, Camden , New Jersey, Lumberton , New Jersey, Bridgeton Pike, Mantua , New Jersey, Mullica Hill , New Jersey, Edinburg, Robbinsville , New Jersey, Hamilton, Somerset , New Jersey, Williamstown , New Jersey, Bay Shore , New York, Buffalo , New York, Copiague , New York, East Northport , New York, Floral, , New York, Jamaica , New York, Elmwood Ave, Kenmore , New York, Hempstead, Levittown , New York, Patchogue, Yaphank, Medford , New York, New York , New York, Port Jefferson , New York, Sayville , New York, Smithtown , New York, West Patchogue , New York, New Carlisle , Ohio, Strathmore, East Cleveland , Ohio, Dayton , Ohio, Cleveland , Ohio, Medford , Oregon, Cully, Portland , Oregon, 9th, Chester , Pennsylvania, Coraopolis , Pennsylvania, Erie , Pennsylvania, Greensburg , Pennsylvania, Hanover , Pennsylvania, New Castle , Pennsylvania, New Kensington , Pennsylvania, Pennsburg , Pennsylvania, 5th, Philadelphia , Pennsylvania, Venango St, 63rd St, Pottsville , Pennsylvania, Rochester , Pennsylvania, East Central Ave, Titusville , Pennsylvania, White Haven , Pennsylvania, Bellevue , Washington, Bellingham , Washington, Blaine , Washington, Covington , Washington, Everett , Washington, Lynnwood , Washington, Mill Creek, Renton , Washington, Rainier, South Seattle

☆ Rite Aid is planning to close about 150 locations. See if your local store is on the list.
▼ + stars: | 2023-10-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +9 min

Rite Aid filed plans to close 154 stores on Monday as part of its Chapter 11 bankruptcy. Rite Aid is the smallest of the three major drugstore chains, well behind CVS and Walgreens. Rite Aid was expected to close stores as part of its bankruptcy. Rite Aid told Insider that it considers a variety of factors when deciding to close a store, "including business strategy, lease and rent considerations, local business conditions and viability, and store performance." "We will also strive to transfer associates to other Rite Aid locations where possible," the company said.

Persons: —, Glen, Taylor, Daniel Webster, Merrick, William Penn, Redmond, Lacey Organizations: CVS, Walgreens, Service, Pennsylvania . Rite Aid, Wall Street Journal, Rite Aid, Rite, Crenshaw, Hollywood Way, San, Niguel, Yorba, Santa, Thompson Boulevard, Ventura, Atwater, Overland, Meridian, Main, Bel, Bel Air South, Park, Main Street, Lafayette, Garfield, Garden, Ford, Flint, Farmington, Whittemore Street, New Jersey :, Marshall, Bridgeton Pike, Whiting, Pike, Huntington, Jericho Turnpike, Jeff, North Street, Cesar, Chavez, Pennsylvania, Stevenson, Bethel, Union, Allentown, Fourth Street, Fifth, Washington Lane, Street, Central Avenue, Grady, Everett Locations: California, New York, Pennsylvania, Los Angeles, Rock, Centinela, Downey, Beach, Burbank, Hollywood Way Covina, Puente, Alhambra, Oceanside, San Diego, Yorba Linda, Santa Ana, Thompson, Thompson Boulevard Oxnard, Cupertino, Santa Clara, Cruz, Bellevue, Sacramento, Boulevard Ontario, Irvine, Monterey, Alvarado Street Connecticut, Bethel, Greenwood, Delaware, Newark, Hill, Wilmington, Idaho, Boise, Maryland, Elkton, Pulaski, Baltimore, Glen Burnie, Baltimore Annapolis Boulevard Massachusetts, Webster, Main Street Michigan, Fremont, Greenville, Clinton, Macomb, Sturgis, Centerville, Clinton Township, Gratiot, Shelby Township, Dyke, Jackson, Michigan, Manistee, Garden City, North, Detroit, Farmington Hills, St, Johns, Whittemore Street Lansing, Hampshire, Merrimack, New Jersey, New Jersey : West Milford, Mantua, Bridgeton, Irvington, Somerset, Williamstown, Pike New York, Brooklyn, Shore, Merrick, East Northport, Jericho, Jericho Turnpike Medford, Patchogue, West Patchogue, Kenmore, Rochester, Flushing, Levittown, Ohio, Massillon, East New Carlisle, Dayton, Youngstown, Springfield, North Street Bellefontaine, Oregon, Portland, Kensington, Brighton, Bethel Park, Pittsburgh, Greensburg, Bethlehem, Fourth Street Philadelphia, Venango, Washington, Conshohocken, Hanover, Mechanicsburg, Erie, Abington, York, Johnstown, Ardmore, Lancaster, Pittston, Wyoming, Yardley, Chester, Street Titusville, Central Avenue Virginia, Chesapeake, Pleasant, Seattle, Graham, Renton

Butler, a Democratic insider and former labor leader, had never held public office before joining the Senate. Under California election rules, the two candidates who receive the most votes advance to the November general election, regardless of party. But to Democratic consultant Garry South, who has run six statewide campaigns in California, including for former Gov. Then, on the campaign side, Butler could talk about Democratic legislative wins and building on Feinstein’s legacy. National Democratic fundraising could pose a challenge in 2024, since the California Senate seat is expected to stay in Democratic hands when control of the chamber will be decided elsewhere.

Persons: Sen, Dianne Feinstein, Laphonza Butler, Gavin Newsom, Butler, Feinstein, Katie Porter, Adam Schiff, Barbara Lee —, Steve Garvey, coy, she’s, I’m, ”, “ It's, Schiff, Nancy Pelosi, Newsom, “, Rebecca Pearcey, Elizabeth Warren’s, “ It’s, Garry South, Gray Davis, ’, ” Newsom, Kamala Harris ’, Newsom’s, Lee, ” Schiff, Porter, Pearcey, ” Pearcey, Washington gridlock, Butler “, she'll Organizations: ANGELES, Democratic, Senate, Democratic House, Associated Press, ., Gov, Airbnb, Capitol, Democratic Party, National Democratic, California Senate Locations: U.S, California, Washington, Laguna Niguel, Los Angeles

☆ Was Linda Yaccarino 'sandbagged?' What happened behind the scenes at the X CEO's disastrous coming out party.
▼ + stars: | 2023-09-28 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

X CEO Linda Yaccarino appeared rattled during her most high-profile appearance to date. Some criticized tech journalist Kara Swisher and Code for "sandbagging" Yaccarino. Months earlier, Boorstin had secured a coveted interview with Linda Yaccarino to make her first major public appearance after being named CEO of X, formerly Twitter. Later, Boorstin pressed Yaccarino on the Anti Defamation League's feud with Musk and accusations that X is encouraging antisemitism. AdvertisementAdvertisement"Everybody deserves to speak their opinion," Yaccarino said, before nervously glancing at her watch and saying she had to leave.

Persons: Linda Yaccarino, Yoel Roth, Kara Swisher, —, Julia Boorstin, Boorstin, Yaccarino, Yaccarino's, Elon Musk, Teslas, Roth, Swisher, Mary Barra, Linda, Yoel, X, Julia, Musk, Tesla Organizations: Service, CNBC's Senior Media, Tech, oceanside Ritz Carlton, Laguna Niguel, GM, Twitter Locations: Laguna, Detroit, LA, Meta, San Francisco, Laguna Beach, Los Angeles

☆ Microsoft technology chief says supply of Nvidia's AI chips is improving
▼ + stars: | 2023-09-27 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

"Demand was far exceeding the supply of GPU capacity that the whole ecosystem could produce," Scott told the Verge's Nilay Patel. Microsoft, like Google and other tech companies, has been quickly adding generative AI to its own products and selling the technology's capabilities to clients. Training and deploying the underlying AI models has mainly relied on Nvidia's GPUs, creating scarcity of supply. Nvidia expects to increase supply each quarter through next year, finance chief Colette Kress told analysts on last month's earnings call. Traffic to ChatGPT has declined month over month for three consecutive months, Similarweb said in a blog post.

Persons: Nilay Patel, Kevin Scott, Scott, OpenAi, we've, Patel, that's, Colette Kress, Similarweb, I'm, Doug Clinton Organizations: The Ritz, Carlton Laguna, Microsoft, Nvidia, Training, Qualcomm, PCs Locations: Dana Point , California, OpenAI

☆ U.S. property catastrophe reinsurance rates rise up to 50% on July 1-report
▼ + stars: | 2023-07-03 | by ( ) www.reuters.com time to read: +2 min

Higher reinsurance rates can affect the premiums which insurers charge to their customers. U.S. reinsurance rates for policies which previously faced claims for natural catastrophes rose 30-50%, Gallagher Re said. Reinsurance rates for similar policies in Florida rose 30-40%, the broker added. State Farm said in May it would stop selling new insurance policies to homeowners in California. Reinsurance rates for some types of aviation war policies rose by up to 100% on the July 1 renewal date, Gallagher Re said.

Persons: Mike Blake, Gallagher Re, James Vickers, Gallagher, Hurricane Ian, Aon, Carolyn Cohn, Noor Zainab Hussain, Louise Heavens Organizations: REUTERS, Farm, Gallagher Re, Reuters, Vickers, Hurricane, U.S, Industry, Boeing, Thomson Locations: Laguna Niguel , California, U.S, California, Florida, In Florida, Russia, Khartoum, London, Bengaluru

☆ Vox Media announces new hosts of iconic Code Conference after Kara Swisher’s departure
▼ + stars: | 2023-04-13 | by ( Oliver Darcy | ) edition.cnn.com time to read: +1 min

New York CNN —Vox Media is gearing up for its first Code Conference without Kara Swisher at the helm. The invite-only event, which attracts top technology executives and journalists, will be hosted by The Verge Editor-In-Chief Nilay Patel, Platformer founder Casey Newton and CNBC senior media and tech reporter Julia Boorstin, Vox Media told CNN on Wednesday. Swisher, the journalist who co-founded the news-making conference with reporter Walt Mossberg and hosted it for the past two decades, will still participate in the conference, albeit in a less outsized role. “This year, there will be more to discuss than ever,” Jim Bankoff, chief executive of Vox Media, told CNN. “Code will build on Kara’s legacy, and we’ll continue to evolve the conference to best serve its audience.

☆ What is a red flag warning? What to know as fire weather conditions affect more parts of the US
▼ + stars: | 2023-04-12 | by ( Chris Panella | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Here's what to know when you see a red flag warning in your area, and how to protect yourself. Red flag warnings indicate dry, arid weather and strong wind conditions that increase the possibility of dangerous wildfires. One map shared on Twitter by climate reporter Dave Levitan shows the latest range of red flag warnings stretching from New Mexico to Massachusetts. Be careful with cigarettes during a red flag warning. Lastly, the NWS has some basic guidelines to avoid igniting fires during a red flag warning:

Search resuls for: "Laguna Niguel"

13 mentions found