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☆ As pro-Palestinian protests sweep college campuses, student journalists are rushing to the big story and exams
▼ + stars: | 2024-04-26 | by ( Hadas Gold | Liam Reilly | ) edition.cnn.com time to read: +4 min

Smith is editor-in-chief of The Lantern, Ohio State University’s student-run newspaper, which has scrambled in recent days to cover pro-Palestinian protests roiling the campus. It’s also finals week, and in the coming days the newspaper’s staff will transition to the next year’s staff. And, for many of these student journalists, it’s becoming a seminal moment in their nascent careers. “Given that we’re student journalists, we know the campus and the students here. As pressure mounted on campus, the newspaper mobilized a handful of writers who worked together to cover the protests.

Persons: Arianna Smith, Smith, It’s, ” Smith, it’s, “, We’re, we’re, Anjali Patel, ” Patel, “ We’re, Amelia Kimball, Kimball, Greg Abbott, ” Kimball, CNN’s John Berman, ” Organizations: CNN, Ohio State University’s, Ohio, ”, University of Southern, The Daily, USC, Daily, University of Texas, The Daily Texan, “ Locations: Gaza, Columbus, University of Southern California, Austin, Texas

☆ Can markets make a comeback? That depends on tech earnings
▼ + stars: | 2024-04-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The Nasdaq tumbled 2.1% on Friday as tech stocks plunged, marking its worst day since January 31. “US earnings updates this week will be key to see if they can keep topping expectations and buoying risk appetite in a higher-for-longer interest rate environment.”Tesla, Facebook-parent Meta, IBM, Microsoft and Alphabet all report first quarter earnings later this week. “Big Tech earnings may determine whether the stock market avoids its first four-week losing streak in two years,” wrote Chris Larkin, managing director of trading and investing at E*TRADE from Morgan Stanley on Monday. About 15% of S&P 500 companies have reported first quarter earnings, and nearly three-quarters of those companies have posted a positive earnings-per-share surprise. But investors are nervously waiting for the Magnificent Seven, those massive Tech stocks that carry an outsized portion of market weight, to report.

Persons: Monday’s, “, ”, They’re, Tesla, Chris Larkin, Morgan Stanley, aren’t, we’re, Dave Sekera, ” Taylor Swift’s, Apple Taylor Swift, Liam Reilly, Department ”, Post Malone, Laura He Organizations: CNN Business, Bell, New York CNN —, Nasdaq, BlackRock, Federal Reserve, Facebook, IBM, Microsoft, “ Big Tech, Tech, Companies, Nvidia, Apple, Big Tech, Bank of America, Morningstar, Department, Spotify, Poets Department, Amazon Music, Apple Music, EV, Tesla Locations: New York, Wells, China, Germany, United States, Tesla’s, Europe

☆ Taylor Swift’s new album shatters Spotify and other streaming records
▼ + stars: | 2024-04-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +1 min

Swift’s latest album, “The Tortured Poets Department,” which dropped on Friday, became the most-streamed album on its first day across Spotify, Amazon Music, and Apple Music. Amazon and Apple also said Swift’s album broke records across their respective streaming platforms. “The album broke the record for biggest pop album of all time by first-day streams,” Apple Music said. Amazon Music reported “The Tortured Poets Department” had in just three days become the music service’s most-streamed album worldwide in its first week. Swift’s fourth rerecorded album, “1989 (Taylor’s Version),” also broke Spotify’s most-streamed artist in a single day record in 2023.

Persons: CNN — Taylor Swift, Department ”, Post Malone, ”, Swift, “ Organizations: CNN, Poets Department, Amazon Music, Apple Music, Spotify, Apple, Department

☆ The battle over Disney’s future is about to be decided in a high stakes board vote
▼ + stars: | 2024-04-02 | by ( Hadas Gold | Samantha Delouya | ) edition.cnn.com time to read: +8 min

Two competing slates of board seats are now up for a vote against Disney’s. Peltz has criticized Disney’s recent theatrical flops and said the company should reach “Netflix-like margins” with its Disney+ streaming service, among other issues. If Peltz is successful, he and Rasulo could gain up to two seats on the board, displacing Disney’s picks. More than 35% of Disney’s shares are held by these individuals, who could seriously sway the vote. The influential advisory firms Institutional Shareholder Service and Egan-Jones have also thrown their support behind Peltz for at least one seat on the board.

Persons: Nelson Peltz, Jay Rasulo, Peltz, Ike Perlmutter, Bob Iger, ” Barton Crockett, Disney, ” Trian, Rasulo, Iger, Bob Chapek, Peltz —, —, It’s, ” Peltz, Perlmutter, ”, “ They’ve, ’ ” Crockett, Anna, Elsa, Ludwig Von Drake, “ Disney, George Lucas, Jamie Dimon, Michael Eisner, Laurene Powell Jobs, Abigail E, they’ve, ” Jessica Reif Ehrlich, “ Nelson Peltz, Neuberger Berman, Egan, Jones, ” Crocket, CNN’s Liam Reilly, Krystal Hur Organizations: CNN, Disney, Magic Kingdom, Disney’s, Trian Fund Management, Blackwells, Marvel, Netflix, Rosenblatt Securities, ESPN, ABC, Google, JPMorgan Chase, BofA Securities, California, Service Locations: Trian

☆ Deadspin’s entire staff has been laid off after the sports site was sold to a startup
▼ + stars: | 2024-03-11 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

CNN —Deadspin, the irreverent sports and news site best known for its commentary and analysis, laid off all of its staff on Monday after the outlet was sold to a startup firm. A G/O Media spokesperson confirmed that 11 Deadspin staffers were impacted by the move on Monday. Last year, G/O Media also sold Jezebel to Paste Magazine after briefly shutting down the publication and laying off its entire staff. The slashing of Deadspin’s staff is the latest in what so far has been a tumultuous year for the news media. TIME also laid off 15% of its unionized editorial staff and The Los Angeles Times cut over 20% of its newsroom staff.

Persons: CNN — Deadspin, Jim Spanfeller —, —, Spanfeller, ” Spanfeller, “, Deadspin’s, ”, Condé Nast, Forbes Organizations: CNN, Publishing, Media, O Media, Magazine, Vice Media, TIME, Los Angeles Times, Condé, The New York Daily News Locations: newsrooms

☆ 1 in 3 Republicans believes baseless Taylor Swift election conspiracy theory, poll finds
▼ + stars: | 2024-02-14 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —About one-third of Republicans say they believe Taylor Swift is involved in a covert government effort to help Joe Biden win the 2024 presidential election, a poll published Wednesday from Monmouth University found. The goal of the purported plot is that the Chiefs’ victory on Sunday would present Swift with an even larger pulpit from which to endorse Biden, swinging the 2024 presidential election in his favor. “The supposed Taylor Swift PsyOp conspiracy has legs among a decent number of Trump supporters,” Patrick Murray, director of the independent Monmouth University Polling Institute, said in a statement. While just under half (46%) of the 902 US adults surveyed for the poll reported they’d heard something about the conspiracy theory, one in five US adults (18%) said they believe the conspiracy, with 32% of Republicans — easily the largest of any political ideology — agreeing it is legitimate, the Monmouth poll found. Notably, however, 42% of those who said they believe the conspiracy theory to be true hadn’t heard about it before being contacted for the poll, showing either a bias against the president or a predilection for conspiracy theories.

Persons: Taylor Swift, Joe Biden, Travis Kelce, Biden, ” Patrick Murray, hadn’t, ” Murray, they’d, Republicans —, —, Swift, Vivek Ramaswamy, Jack Posobiec, Benny Johnson, Donald Trump, ”, “, Travis, ” Trump Organizations: CNN, Monmouth University, Kansas City Chiefs, Chiefs, Trump, Monmouth University Polling Institute, Republicans, Biden, Liberal Locations: Monmouth

☆ Paramount Global to lay off 800 employees after record Super Bowl ad revenue and ratings
▼ + stars: | 2024-02-13 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —Paramount Global, the owner of broadcast and cable TV networks, announced Tuesday it will lay off hundreds of staffers as the media giant looks to reduce costs and grow revenue. The news comes just days after its CBS network saw record-breaking advertising sales and the highest-rated telecast for the Super Bowl. The company’s chief executive, Bob Bakish, announced the layoffs in a memo to employees Tuesday obtained by CNN. While Bakish did not specify the number of layoffs, sources familiar with the matter told CNN around 800 employees, or roughly 3% cut of the company’s workforce, will be affected. Paramount is the latest media conglomerate to lay off staffers in 2024.

Persons: Bob Bakish, Bakish, —, ” Bakish, Shari Redstone, David Zaslav, David Ellison’s Skydance, Condé Nast Organizations: CNN, Paramount Global, CBS, Super, National, Warner Bros, Discovery, RedBird, Paramount, Bloomberg, Los Angeles Times, TIME, Business, Condé, Forbes, The New York Daily News

☆ Peacock’s exclusive NFL playoff game drove ‘biggest subscriber acquisition moment ever measured,’ analytics firm says
▼ + stars: | 2024-01-24 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —NBCUniversal’s high-stakes decision to exclusively air the NFL’s AFC Wild Card playoff game between the Miami Dolphins and Kansas City Chiefs on its streaming service Peacock drove record signups to the platform, a digital analytics firm said Wednesday. In the three days leading up to the January 13 kickoff in Kansas City, Peacock saw 2.8 million sign-ups, Antenna reported on Wednesday, citing preliminary data. Prior to the game, Peacock reached roughly 30 million subscribers, a significantly smaller number than CNN parent company Warner Bros. Discovery’s 95 million Max subscribers and Netflix’s 260 million global subscribers. Though it remains unclear just how many of the 2.8 million new subscribers will retain their Peacock service beyond the playoff game, the announcement comes as other streamers also appear to be getting serious about sports. Netflix on Tuesday announced it will stream WWE’s “Raw” beginning in 2025, the company’s biggest foray yet into live sports.

Persons: Peacock, signups, NBCUniversal Organizations: CNN, AFC, Miami Dolphins, Kansas City Chiefs, Disney, NFL, Warner Bros, Dolphins, Chiefs, Netflix, Amazon’s, Bally Sports, Diamond Sports Group Locations: Kansas City

☆ TIME Magazine lays off 15% of unionized editorial staff, becoming latest news outlet to slash workforce
▼ + stars: | 2024-01-23 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —TIME, the iconic red-framed magazine, laid off some 15% of its union-represented editorial employees on Tuesday, the newsroom’s union said, becoming the latest major news outlet to slash its reporting staff. A TIME spokesperson told CNN that the outlet had laid off roughly 30 employees across several departments, including editorial, technology, sales and its studios division. Among those laid off Tuesday was a majority of the staff at TIME for Kids, a news publication for school-age children, the union said. “All of these actions have moved us considerably closer to being a profitable company, an achievement we must reach to realize TIME’s full potential. “Audiences can read the difference between a media company that invests in journalists and one that invests in executive compensation and outside consultants.

Persons: “, ” Haley Weiss, Jessica Sibley, ” Sibley, Susan DeCarava, ” Organizations: CNN, Time Magazine Locations: New York

☆ More than 400 Condé Nast staffers stage one-day walkout to protest layoffs
▼ + stars: | 2024-01-23 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

The company then revised the plan, announcing it would lay off 94 unionized members, or some 20% of the Condé Nast Union. It is time to start bargaining in good faith with us.”The NewsGuild of New York has filed an unfair labor practice charge on behalf of Condé Nast Union, citing regressive bargaining. “Media workers at Condé Nast are key to the company’s success and reputation for excellence. “Guild members in Condé Nast Union walked off the job today to remind management of their worth and urge company reps to bargain in good faith. We demand nothing less.”A Condé Nast spokesperson dd not immediately respond to a request for comment.

Persons: Condé Nast, Prada, “, ” Ben Dewey, Condé Nast, Susan DeCarava, Condé Organizations: CNN, Condé, Vogue, GQ, New, New York City, Condé Nast Union, CNE, Condé, Condé Nast Union, “ Media, Los Angeles Times, Washington Post Locations: New York, Condé Nast, Condé Nast

☆ Sports Illustrated lays off most, possibly all, of its staff
▼ + stars: | 2024-01-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —The future of Sports Illustrated was uncertain Friday after the publisher of the iconic magazine and website laid off most or “probably all” of its guild-represented staff, its union said. In a memo sent to staff viewed by CNN, the magazine’s publisher said it is “laying off staff that work on the SI brand.”Authentic Brands Group has owned the magazine and website since 2019. “This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship,” the union said in a statement on X. The union said it expects the Arena Group to honor its union contract and for all of its employees to be treated fairly. Levinsohn was replaced, effective immediately, by interim chief executive Manoj Bhargava, the 5-Hour Energy founder who owns a majority stake in The Arena Group, said Vince Bodiford, a spokesperson for Bhargava.

Persons: ABG, Manoj Bhargava, Mitch Goldich, It’s, Ross Levinsohn, Levinsohn, Vince Bodiford, Bhargava, CNN’s Oliver Darcy, Liam Reilly Organizations: New, New York CNN, Sports, CNN, SI, Arena Group, Sports Illustrated, ”, Hour Energy, Group, The Locations: New York

☆ ESPN returning Emmys submitted under fake names
▼ + stars: | 2024-01-11 | by ( Oliver Darcy | Liam Reilly | ) edition.cnn.com time to read: +2 min

New York CNN —ESPN returned dozens of Emmy statues and “disciplined” employees after an investigation disclosed Thursday found that the sports network had submitted fake names to the awards organization in a bid to secure trophies for on-air personalities who had been ineligible to receive them. The apparent fraud stretched back to 1997, ESPN said in a statement, acknowledging that members of its team “were clearly wrong” for concocting the scheme. “Some members of our team were clearly wrong in submitting certain names that may go back to 1997 in Emmy categories where they were not eligible for recognition or statuettes,” an ESPN spokesperson said in a statement. The National Academy of Television Arts & Sciences, which administers the Emmys, said it discovered the fraud, prompting an investigation. NATAS said in a statement to CNN that it had identified several “fictitious credits” submitted by ESPN to multiple sports Emmys categories.

Persons: ”, NATAS Organizations: New, New York CNN, ESPN, National Academy of Television Arts & Sciences, Athletic, CNN, ” Locations: New York

☆ Media executives urge Congress to enact legislation to prevent AI models from training on ‘stolen goods’
▼ + stars: | 2024-01-10 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

Roger Lynch, Condé Nast’s chief executive, told senators that current AI models were built using “stolen goods,” with chatbots scraping and displaying news articles from publishers without their permission or compensation. News organizations, Lynch said, seldom have a say in whether their content is used to train AI or is output by the models. To avoid the pilfering of news publishers’ content and, thereby, their coffers, Lynch proposed AI companies use licensed content and compensate publishers for content being used for training and output. Coffey also noted AI models have introduced inaccuracies and produced so-called hallucinations after scraping content from less-than-reputable sources — which runs the risk of misinforming the public or ruining a publication’s reputation. “The risk of low-quality [generative] AI content dominating the internet is amplified by the drastic economic decline of news publications over the past two decades,” Coffey said.

Persons: ChatGPT, Roger Lynch, Condé, Lynch, ”, they’ve, Sarah Silverman, Margaret Atwood, Dan Brown, Michael Chabon, Jonathan Franzen, George R, Martin, ” Lynch, Danielle Coffey, Coffey, ” Coffey, ” Curtis LeGeyt, ” LeGeyt Organizations: CNN, The New York Times, News Media Alliance, National Association of Broadcasters

☆ Washington Post union reaches tentative agreement with management after 18 months of negotiations
▼ + stars: | 2023-12-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

The new contract, the union said, guarantees employees’ essential rights, secures raises across the board, and nearly doubles salary floors for the lowest-paid employees at The Washington Post. Under the tentative agreement, all union employees will receive an immediate $30 per week raise during the first payroll period of 2024. In recent months, the Post announced it planned to slash its workforce with 240 voluntary buyouts by the end of the year. Members of the union will hold a vote next week to determine whether they will ratify the tentative contract. In a statement Friday, The Washington Post confirmed it had reached a tentative agreement with the union.

Persons: ” Organizations: CNN, Washington Post Guild, Post, The Washington Post, Washington Post

CNN —The Washington Post’s incoming chief executive and publisher will start the job with a mess on his hands. Workforce tensionsThe Washington Post Guild, the union that represents staffers, has been negotiating with executives on a new contract for a year and a half, but it has yet to reach an agreement. Wages and staff reductions have remained a major sticking point between the two sides, causing dismay among union members with the newspaper’s management. The Post’s management has so far rejected the union’s wage demand and has yet to directly confirm whether remaining staffers’ positions are safe from cuts, the union said. On Thursday, departing staffers were sent an email from management encouraging them to buy official merchandise emblazoned with the Post’s logo.

Persons: William Lewis, Lewis, Sally Buzbee, Patty Stonesifer, Stonesifer, ”, “, Rupert Murdoch’s, Prince Harry, Hugh Grant, —, I’m, Lewis “ Organizations: CNN, Washington, Workforce, Post Guild, Washington Post, News Corp, The Daily Telegraph, Murdoch’s News Corp, Murdoch’s, Post, NPR

☆ Marvel movies will be Bob Iger’s Disney priority after the cinematic universe suffered recent box office fails
▼ + stars: | 2023-11-29 | by ( Liam Reilly | Jon Passantino | ) edition.cnn.com time to read: +4 min

“Quality needs attention to deliver quality, it doesn’t happen by accident,” Iger said. Iger, speaking in a wide-ranging interview with Andrew Ross Sorkin at The New York Times’ annual DealBook summit, acknowledged that Disney had “diluted” the caliber of films produced by Marvel. The company, he added, had “made too many” film sequels that had not been well received by audiences or critics. Francis deSouza, the former CEO of Illumina — a biotech company — said he would not seek re-election to the board. In a statement, Mark Parker, the chairman of Disney’s board, praised Gorman’s succession planning abilities at Morgan Stanley.

Persons: CNN —, Bob Iger, ” Iger, ” “, Andrew Ross Sorkin, “, we’ve, ”, Iger, Bob Chapek, you’ve, Morgan Stanley, James Gorman, Sky Jeremy Darroch, Francis deSouza, Illumina, —, Mark Parker, Ted Pick, Gorman, James, Morgan Stanley’s, ” Parker, Samantha Delouya Organizations: CNN, CNN — Disney, Marvel Studios, Marvel, The New York Times, Disney, Sky, “

☆ Sports Illustrated deletes articles published under fake author names and AI-generated profile photos
▼ + stars: | 2023-11-27 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

CNN —Sports Illustrated on Monday said it had deleted several articles from its website after a report found the once-celebrated legacy magazine had published the pieces under fake author names and profile images generated by artificial intelligence. The report, which was published by Futurism, found that the magazine had repeatedly published articles whose authors could not be found online outside the Sports Illustrated website. The articles were all accompanied by AI-generated profile photos that Futurism also found for sale on digital marketplaces that sell AI-produced headshots. “We deplore being associated with something so disrespectful to our readers.”Sports Illustrated writers also reacted with disgust in social media posts. — I take seriously the weight of a Sports Illustrated byline,” Emma Baccellieri, a staff writer for the magazine, posted to X.

Persons: —, “, AdVon, ”, “ AdVon, ” AdVon, couldn’t, ” Emma Baccellieri, Mitch Goldich Organizations: CNN —, Sports Illustrated, Illustrated, The, CNN, AdVon Commerce, Arena, Gannett, Sports Illustrated Union, Sports, Online

☆ The major companies still advertising on X despite Elon Musk’s antisemitic endorsement
▼ + stars: | 2023-11-22 | by ( Oliver Darcy | Liam Reilly | ) edition.cnn.com time to read: +5 min

But those assurances have rung hollow as advertisements have continued to be placed on accounts posting hate speech and conspiracy theories. “Elon introduced unique risks,” marketing industry veteran Lou Paskalis, the founder and chief executive of marketing consultancy AJL Advisory, told CNN. “It’s self-destructive for any advertiser to be associated with him,” Sonnenfeld told CNN. His endorsement of the post came as the progressive watchdog Media Matters issued a report that indicated advertisements for major brands appeared next to neo-Nazi hate speech on X. Legal experts have told CNN that the lawsuit is deeply flawed and could open the billionaire up to embarrassing revelations during the discovery process.

Persons: Elon Musk’s, Brian McCarthy, Musk, George Soros —, X, “ Elon, Lou Paskalis, ” Jeffrey Sonnenfeld, ” Sonnenfeld, ”, Ted Boutrous, Boutrous, ” CNN’s Clare Duffy Organizations: CNN, NFL, Walmart, State, The New York Times, Washington Post, The, Mondelēz International, Ritz Crackers, Twitter, Defamation League, Apple, Disney, IBM, Paramount, Fox Sports, Paris, Warner Bros ., AJL, Yale School of Management, Media, Media Matters, Ted Boutrous CNN Locations: Wendy’s, White

☆ Here are the dozen brands that have paused ads on X amid ongoing crisis for Elon Musk’s platform
▼ + stars: | 2023-11-22 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —At least a dozen major brands have halted ad spending on X, formerly Twitter, since its latest advertiser exodus began last week over concerns about antisemitism and hate speech on Elon Musk’s social media platform. The ongoing exit of advertisers marks a deepening crisis for X, which was already struggling to woo brands back to the platform following Musk’s takeover last year. IBM’s decision also came after Musk had publicly endorsed an antisemitic conspiracy theory in a post on X earlier in the week. X also said it had made the pro-Nazi accounts identified by Media Matters ineligible for monetization, meaning ads can no longer be run on their pages. (Media Matters has vowed to fight the lawsuit from X and says it stands by its reporting.)

Persons: Axios, they’d, Musk, Apple, Linda Yaccarino, Richard Spencer, —, CNN’s Oliver Darcy, Liam Reilly, Brian Fung Organizations: New, New York CNN, Elon, Fox Sports, Ubisoft, TechCrunch, Paris, CNN, White, IBM, Media, Disney, Paramount, Comcast, Lionsgate, NBCUniversal, Warner Bros, Media Matters, University of Michigan, D.C, National Football League Locations: New York, Washington

☆ Paris Hilton’s media company suspends ads on X, one month after agreeing to touted partnership with the platform
▼ + stars: | 2023-11-21 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +2 min

“11:11 Media made the decision to immediately pull the campaign from the platform,” Bruce Gersh, 11:11 Media’s president and chief operating officer, told CNN on Tuesday. The decision by Hilton’s company to pull its advertising is a blow to X and the platform’s chief executive, Linda Yaccarino, who announced a major promotional partnership with Hilton just last month. A spokesperson for Hilton declined to comment on whether the suspension of 11:11’s ad campaign also meant the end of Hilton’s partnership with X. IBM halted its ad spend on X on Thursday after a report from progressive media watchdog Media Matters showed its ad had run alongside pro-Nazi content on X. Other major brands, including Disney and Paramount, followed suit on Friday, but did not specify their reasoning for pulling their ad spending from X.

Persons: Elon Musk’s, ” Bruce Gersh, Linda Yaccarino, Hilton, X Organizations: CNN, Paris, Media, Yaccarino, X, IBM, Disney, Paramount Locations: Hilton

☆ IBM to pause ad spending on X after its ads ran on pro-Nazi accounts
▼ + stars: | 2023-11-16 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —IBM on Thursday announced it had suspended advertising on Elon Musk’s X, the platform formerly known as Twitter, after an ad for the computing giant appeared alongside pro-Nazi content. The accounts remained active on X Thursday afternoon, hours after the report was published. No brands had specifically targeted the pro-Nazi accounts identified in Thursday’s report for their advertisements, nor did the company intentionally place their ads there, the spokesperson said. Full stop.”IBM is not the first company to part ways with X after its ad appeared next to hateful content. Musk’s X has also come under fire for reinstating the accounts of users who were previously banned on the social media platform, including far-right and neo-Nazi figures.

Persons: Elon Musk’s, ”, NBCUniversal’s Bravo, Adolf Hitler, Linda Yaccarino, NCTA, Yaccarino, Musk, Jonathan Greenblatt, ” Greenblatt, Musk’s, –, Brian Fung Organizations: New, New York CNN, IBM, Elon, Media, IBM —, Apple, Oracle, Comcast, NBCU, CNN, and Television Association, Gilead Sciences, Adobe, Adobe , New York University Langone Hospital, University of Maryland’s, Whites, Defamation League Locations: New York, Nazi, Adobe ,, America

☆ House lawmakers press Apple CEO on reports Jon Stewart’s show was canceled over China concerns
▼ + stars: | 2023-11-15 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

CNN —Did Apple and Jon Stewart part ways over China? The letter also asked Apple to make a public commitment that content potentially viewed as critical of the Chinese Communist Party would be welcome on the company’s services. “If these reports are accurate, it potentially speaks to broader concerns about indirect Chinese Communist Party (CCP) influence over the creative expression of American artists and companies on CCP-related topics,” the committee said in the letter. Representatives for Apple and Stewart did not immediately respond to CNN requests for comment. China represents nearly a fifth of Apple’s sales and is by far the company’s fastest-growing region.

Persons: Jon Stewart, Tim Cook, Jon Stewart ”, —, Mike Gallagher, Raja Krishnamoorthi, Illinois —, Apple, Stewart Organizations: CNN, Chinese Communist Party, Wednesday, Apple, Wisconsin Republican, Communist Party, CCP, Xi Locations: China, Wisconsin, Illinois, People’s Republic of China

☆ Vice to end several news shows and lay off dozens of staffers in hollowing out of news division
▼ + stars: | 2023-11-09 | by ( Liam Reilly | ) edition.cnn.com time to read: +2 min

CNN —Vice Media, the one-time digital media darling that has seen its value and influence greatly diminish in recent years, moved on Thursday to further hollow out its once prestigious news division, shutting down several shows and laying off dozens of staffers. “To be clear, Vice News is not going away,” the company’s co-chief executives, Bruce Dixon and Hozefa Lokhandwala, said in a memo to staff obtained by CNN. “Vice will continue to produce digital news, as well as Vice News documentaries, both series and films, for FAST Channels, streaming services and other partners.”In April, Vice Media ended “Vice News Tonight,” its flagship program, citing restructuring that would result in cuts across the organization, CNN previously reported. In June, the digital media company was purchased by three investment companies, including Fortress Investment Group, for $350 million. A person familiar with the matter said “less than 100” staffers would be laid off.

Persons: “, Bruce Dixon, Hozefa Lokhandwala, ”, Dixon, Lokhandwala, CJTtiYXJML —, ” CNN’s Oliver Darcy Organizations: CNN —, Media, CNN, “, FAST, Fortress Investment, Union, Company

☆ Los Angeles County to pay $700,000 to reporter who was slammed to ground and arrested while covering a protest
▼ + stars: | 2023-11-08 | by ( Liam Reilly | ) edition.cnn.com time to read: +4 min

CNN —Los Angeles County has agreed to pay $700,000 to a public radio reporter who was slammed to the ground and arrested by sheriff’s deputies while covering a protest in 2020. Josie Huang, a radio journalist for LAist, reached the settlement agreement with Los Angeles County and the sheriff’s department on Tuesday, the Reporters Committee for Freedom of the Press announced. “This settlement upholds the rights of journalists and helps ensure that what happened to me won’t happen to other reporters,” Huang said in a statement. While returning to her car, Huang filmed sheriff’s deputies responding to a peaceful protest. A spokesperson for the Los Angeles County Sheriff’s Department told CNN that it has conducted a “thorough internal investigation” into the incident and is taking the appropriate administrative actions.

Persons: Josie Huang, LAist, Huang, ” Huang, “, ”, Alex Villanueva Organizations: CNN, Freedom, Press, Los Angeles County’s, ” “ Journalists, Los, Los Angeles County Sheriff’s Department Locations: Angeles, Los Angeles County, Los Angeles, Lynwood , California, Huang’s, county’s

☆ Analysis: November is typically the best month for stocks. So far, it’s looking promising
▼ + stars: | 2023-11-03 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

The S&P 500 on Thursday climbed 1.9% to log its best one-day gain since April. The S&P 500 has gained an average 6.7% from November to April since 1990, according to CFRA data. “We remain comfortable with our long-standing 3,900 year-end target for the S&P 500,” he wrote in a note on October 29. The S&P 500 closed Thursday at about 4,318. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” the company said in a short statement.

Persons: Jerome Powell’s, ”, George Smith, Mike Wilson, Morgan Stanley, Liam Reilly, Oliver Darcy, “, Read, Hanna Ziady, Andrew Bailey Organizations: CNN Business, Bell, New York CNN, Investors, Dow Jones, Dow, Federal, Treasury, LPL, Disney, Hulu Disney, Comcast, Bank of England, of England, ” Bank of England Locations: New York, Hulu, Israel

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