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☆ Paramount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
▼ + stars: | 2024-04-29 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

David A. Grogan | CNBCParamount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the corporate ladder after joining Viacom in 1997, until he became CEO of the company in 2016. Following the merger of Viacom and CBS, he became CEO of the combined company in 2019, which was later renamed as Paramount Global. Paramount will now be led by CBS president and CEO George Cheeks; Chris McCarthy, president and CEO of Showtime/MTV Entertainment Studios and Paramount Media Networks; and Brian Robbins, the head of Paramount Pictures and Nickelodeon. Paramount said it added 3.7 million Paramount+ subscribers during the quarter, bringing the total to 71 million.

Persons: Bob Bakish, David A, Bakish, George Cheeks, Chris McCarthy, Brian Robbins, Naveen Chopra, Chopra, LSEG, Bob Marley Organizations: Viacom, Allen & Company Sun Valley Conference, Grogan, CNBC Paramount Global, Skydance Media, CBS, Paramount Global, Paramount, Showtime, MTV Entertainment Studios, Paramount Media Networks, Paramount Pictures, Nickelodeon, LSEG, Super, BET, MTV, NFL, TV Media, Hollywood Locations: Sun Valley , Idaho

☆ Voyager 1 regains communications with NASA after inventive fix
▼ + stars: | 2024-04-22 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

Voyager 1’s flight data system collects information from the spacecraft’s science instruments and bundles it with engineering data that reflects its current health status. But since November, Voyager 1’s flight data system had been stuck in a loop. By investigating the readout, the team determined the cause of the issue: 3% of the flight data system’s memory is corrupted. Members of the Voyager flight team celebrate after receiving the first coherent data from Voyager 1 in five months at NASA's Jet Propulsion Laboratory on April 20. And younger engineers are coming onto the Voyager team and contributing their knowledge to keep the mission going.”

Persons: they’ve, ”, Linda Spilker, “, Suzanne Dodd, “ We’ve, we’ve Organizations: CNN, NASA, Voyager, JPL, Network, Jet Propulsion Laboratory, Caltech

☆ Fossil found on a beach by tween reveals massive marine reptile
▼ + stars: | 2024-04-20 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Editor’s Note: A version of this story appeared in CNN’s Wonder Theory science newsletter. CNN —As Earth Day approaches and the Wonder Theory newsletter celebrates three years of arriving in your inboxes, I look to the future with hope. “And it’s up to you to choose what sort of impact you make.”Ocean secretsDr. Dean Lomax, (from left) Ruby Reynolds, Justin Reynolds and Paul de la Salle are shown with the fossil discovery in 2020. Dean LomaxIn May 2020, Ruby Reynolds, then 11, and her father, Justin, were searching for fossils on a Somerset beach along the English coast when she spotted something unusual. And when it came to sheer size, the marine reptile likely rivaled the blue whale, currently the largest living animal.

Persons: Jane Goodall, Goodall nurtures, Goodall, ” Goodall, Dean Lomax, Ruby Reynolds, Justin Reynolds, Paul de, Justin, ”, Gaia BH3, Nigel Raine, Dr, Matt Kasson, Ashley Strickland, Katie Hunt Organizations: CNN, Paul de la Salle, Indian Institute of Technology, ESA, West Virginia University, Explorations, NASA, International, CNN Space, Science Locations: Somerset, India, Indian Institute of Technology Roorkee, Guatemala, France, Australia, Naples , Florida, what’s, Canada

☆ Pluto’s heart was likely created by an ancient collision
▼ + stars: | 2024-04-18 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

A deep basin called Sputnik Planitia, which makes up the “left lobe” of the heart, is home to much of Pluto’s nitrogen ice. The New Horizons spacecraft took an image of Pluto's heart on July 14, 2015. Johns Hopkins University Applied Physics Laboratory/Southwest Research Institute/NASAThrough new research on Sputnik Planitia, an international team of scientists has determined that a cataclysmic event created the heart. The teardrop shape of Sputnik Planitia is a result of the frigidity of Pluto’s core, as well as the relatively low velocity of the impact itself, the team found. The researchers believe that the new theory regarding Pluto’s heart could shed more light on how the mysterious dwarf planet formed.

Persons: Clybe Tombaugh, Pluto, it’s, ”, Harry Ballantyne, Erik Asphaug, ” Asphaug, “ That’s, Sputnik Planitia, Martin Jutzi, Kelsi Singer, ” Singer Organizations: CNN, Regio, Johns Hopkins University Applied Physics Laboratory, Research Institute, NASA, Sputnik, Pluto, University of Bern, University of Arizona’s, Laboratory, University of Bern’s Physics, Kelsi, Southwest Research, New Locations: United States, Switzerland, Boulder , Colorado

☆ I only book a Disney cruise if it's going to the company's private island, Castaway Cay
▼ + stars: | 2024-04-13 | by ( Megan Dubois | ) www.businessinsider.com time to read: +4 min

Read previewCruise bookings are predicted to reach record highs this year, but not all itineraries are created equally — especially if you're looking to sail with Disney Cruise Line. When I book, I always make sure Disney's private island in the Bahamas, Castaway Cay, is on the port of call. AdvertisementCharacters usually meet in the morning from around 9 a.m. until 11 a.m., but exact times can always be found on the Disney Cruise Line app. AdvertisementAnd, before I head back to the ship, I stop at the Castaway Cay post office to send postcards back home. Megan duBoisThe postcards I use can be found in the desk drawer of Disney Cruise Line staterooms, and are free to take.

Persons: —, I've, Megan duBois, Megan duBois Castaway, it's, Mickey, Mickey Mouse, Minnie Mouse, Megan duBois There's Organizations: Service, Disney Cruise, Disney, Business Locations: Bahamas, Castaway, Megan duBois Castaway Cay, Disney

☆ A Harvard professor is risking his reputation to search for aliens. Tech tycoons are bankrolling his quest.
▼ + stars: | 2024-04-08 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +26 min

The Harvard professor's research is bankrolled by tech tycoons "pissed off" at academia's dogma. But this boundary-pushing is exactly why he's backed Loeb's research. AdvertisementDesch, the astrophysicist from Arizona University, posted a critique of Loeb's work on arXiv alleging "multiple fatal flaws with the manuscript's arguments." Asked whether he no longer believes in a possible technological origin for the meteor, Loeb said they need to investigate further. As he plans more extravagant expeditions to prove the origin of the interstellar meteor, Loeb likens his critics to crows pecking at the neck of an eagle.

Persons: Avi Loeb, Loeb, —, Steven Desch, they're, Loeb's, they've, Charles Hoskinson, that's, Anibal Martel, Mark Zuckerberg, Stephen Hawking, Lucas Jackson, Oumuamua, Desch, It's, Meech, Hoskinson, Rather, Lane Turner, James Webb, Bill Diamond, Stenzel, AARO, UAPs, Loeb hasn't, Joe Rogan's, Eugene Jhong, Galileo, ", Frank Laukien, Laukien, Charles Alcock, Seth Shostak, Stephen Wolfram, Richard Branson's, Vera, Rubin, Avi Loeb Loeb, what's, Rob McCallum, Mariana Trench, James Cameron, Avi Loeb Hoskinson, spherules, Harvard's Stein Jacobsen, Loeb didn't, Monica Grady, Patricio Gallardo, it's, Diamond, That's Avi, Adam Glanzman Organizations: Harvard, Service, Arizona State University, Netflix, Galileo, Anadolu Agency, Reuters, University of Hawaii, Boston Globe, James Webb Telescope, NASA, SETI Institute, Pew Research Center, Department of Defense, UAP Department of Defense, Jhong, Bruker Corporation, Smithsonian's, for Astrophysics, MIT, Wolfram Research, Harvard University, Survey, US Space Command, Hoskinson, UK's Open University, University of Chicago, Arizona University, U.S . Government, The Washington, Getty, Loeb, Astronomy, Astrophysics Locations: Lexington , Massachusetts, United States, Getty, Loeb's, New York, Cambridge, Massachussetts, UAPs, Colorado, Chile, Papua New Guinea, 2401.09882, IM1

☆ Skydance's unique offer for Paramount Global would give it a large stake while keeping the company public
▼ + stars: | 2024-04-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

The question for Paramount Global shareholders might be: Is it better than no deal at all? Paramount Global would continue to trade publicly. Spokespeople for Paramount Global and Skydance declined to comment. He would also potentially provide Paramount Global with access to artificial intelligence software and other data technology from Oracle. Paramount Global has a market capitalization of about $7.6 billion and had $14.6 billion in long-term debt at the end of 2023.

Persons: Skydance, Spokespeople, hasn't, David Ellison, Larry Ellison, Forrest Gump, it's Organizations: National, Paramount Pictures, Paramount Global, Paramount, RedBird Capital Partners, KKR, Oracle, Oracle . Paramount Global, CBS, Comedy Central, Nickelodeon, Viacom

NEW YORK (AP) — It's a new location but the same host for the Tony Awards:Ariana DeBose will make it three in a row as MC of theater's most watched event, which this year moves uptown to Lincoln Center. “I couldn’t pass up the chance to host the Tonys one more time, at Lincoln Center. Photos You Should See View All 60 ImagesLike last year, the three-hour main telecast will air on CBS and stream on Paramount+ from 8 p.m.-11 p.m. EDT/5 p.m.-8 p.m. PDT with a pre-show on Pluto TV, with some Tony Awards handed out there. The Tony eligibility cut-off date for the 2023-2024 season is April 25, and nominations for the 2024 Tony Awards will be announced April 30. The awards are presented by The Broadway League and the American Theatre Wing.

Persons: —, Ariana DeBose, Tony, ”, DeBose, ” “ Hamilton, ” “, Steven Spielberg’s, David H, Kimberly Akimbo ”, Tom Stoppard’s “, Sean Hayes, Victoria Clark, “ Kimberly Akimbo, ” ___ Mark Kennedy Organizations: Lincoln Center, The, Broadway, Hollywood, United, Theatre, “ Company, ”, Apple, Koch, New York City Ballet, Lincoln Square Theater, Beaumont, CBS, Paramount, The Broadway League, American Theatre Locations: “, New

☆ Voyager 1 responds to ‘poke’ sent by NASA engineers
▼ + stars: | 2024-03-14 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

A new signal recently received from the spacecraft suggests that the NASA mission team may be making progress in its quest to understand what Voyager 1 is experiencing. Voyager 1’s flight data system collects information from the spacecraft’s science instruments and bundles it with engineering data that reflects the current health status of Voyager 1. But since November, Voyager 1’s flight data system has been stuck in a loop. On March 3, the team noticed that activity from one part of the flight data system stood out from the rest of the garbled data. The decoded signal included a readout of the entire flight data system’s memory, according to an update NASA shared.

Persons: ”, Suzanne Dodd Organizations: CNN — Engineers, NASA, Voyager, Network, CNN

☆ The Voyager spacecraft will probably last a billion years, says a scientist on the mission for nearly five decades
▼ + stars: | 2024-03-06 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +6 min

Cummings started working on the Voyager mission when he was a graduate student at Caltech in 1973, about four years before the two spacecraft launched. Voyagers' enduranceThe Voyager mission has been gathering groundbreaking data and photos since the beginning. Before Voyager, Cummings was part of an experiment to measure cosmic rays using a balloon. "It was very fortunate for me," he said, because he was able to then join the Voyager mission. NASA/JPL-CaltechIn 2012, Voyager 1 became the first human-made spacecraft to enter interstellar space and Voyager 2 followed six years later.

Persons: —, Alan Cummings, Cummings, Alan Cummings Voyagers, Saturn, Carl Sagan, Voyagers, they'll, JPL Cummings, There's Organizations: Service, Caltech, Business, Hubble, NASA, Engineers, JPL Locations: Manitoba, Canada, Russia

☆ Three new moons discovered orbiting Uranus and Neptune
▼ + stars: | 2024-02-28 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Astronomers have discovered three previously unknown moons around Uranus and Neptune, the most distant planets in our solar system. In the future, the tiny satellite will be named after a Shakespearean character, in keeping with the tradition of Uranus’ moons bearing literary names. He worked with Marina Brozovic and Bob Jacobson of NASA’s Jet Propulsion Laboratory in Pasadena, California, to determine the moon’s orbit. The outer moons orbiting all the giant planets across our solar system — Jupiter, Saturn, Uranus and Neptune — share similar configurations. “Even Uranus, which is tipped on its side, has a similar moon population to the other giant planets orbiting our Sun,” Sheppard said.

Persons: ”, Scott S, Sheppard, Marina Brozovic, Bob Jacobson, Scott Sheppard, David Tholen, Chad Trujillo, Patryk Sofia Lykawka, ” Sheppard, Neptune Organizations: CNN —, Carnegie Institution for Science, Planet, NASA’s Jet Propulsion Laboratory, Carnegie Science, Subaru, University of Hawaii, Northern Arizona University, Kindai University Locations: Chile, Pasadena , California, Kea, Japan, Neptune

☆ Paramount falls short of revenue expectations but posts surprise profit, strong streaming results
▼ + stars: | 2024-02-28 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +3 min

Paramount Global missed revenue expectations for the fourth quarter on Wednesday but posted a surprise quarterly profit and posted strong results from its streaming platform Paramount+. Paramount — home to brands such as CBS, Showtime, BET, Nickelodeon and its namesake movie studio — reported a 6% year-over-year revenue decline but posted notable strides in its streaming segment. Paramount+, its flagship streaming service, reached 67.5 million subscribers during the period, a net increase of 4.1 million, and recorded 69% revenue growth year over year. Subscription revenue in the fourth quarter grew 43%, partially driven by price increases, and revenue across its entire direct-to-consumer segment grew 34%. Paramount saw a 27% jump in global viewing hours across Paramount+ and Pluto TV during the fourth quarter.

Persons: Bob Bakish, we've, CNBC's Alex Sherman Organizations: Paramount Global, Paramount, CBS, Showtime, BET, Nickelodeon, Warner Bros, Discovery, CNBC PRO Locations: LSEG

☆ How antimatter engines could fly humans to other stars in just a few years
▼ + stars: | 2024-02-22 | by ( Adam Barnes | ) www.businessinsider.com time to read: +8 min

AdvertisementInterstellar travel is only something humanity has achieved in science fiction — like Star Trek's USS Enterprise, which used antimatter engines to travel across star systems. "Annihilation of antimatter and matter converts mass directly into energy," Weed, cofounder and CEO of Positron Dynamics, a company working to develop an antimatter propulsion system, told Business Insider. Space travel at record speedProxima's star system, shown here, could be reached in just five years with antimatter-powered technology. For example, let's take a trip to our nearest star system, Proxima, about 4.2 light years away. And since the '80s, there's been talk of thermal antimatter engines, which would use antimatter to heat liquid, gas, or plasma to provide thrust.

Persons: Elon Musk, Ryan Weed, Weed, Brice, Maximilien, Gerald Jackson, Forbes, It's, Jackson, he's, Eugen Sänger, there's, Paul M, Sutter, Steve Howe, Howe Organizations: Enterprise, Dynamics, Southern, NASA, CERN, Fermilab, Hbar Technologies, Space, Alpha Locations: Switzerland, Austrian

☆ Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings
▼ + stars: | 2024-02-13 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

Paramount Global is laying off hundreds of employees, just one day after the company announced CBS had record Super Bowl viewership, Chief Executive Officer Bob Bakish said Tuesday in an internal memo to employees. Paramount Global ended 2022 with about 24,500 full-time and part-time employees. Paramount Global owns a variety of assets including CBS, Paramount Pictures, Pluto TV, Paramount+ and cable networks including Nickelodeon, BET and Comedy Central. The media company had warned employees of impending cuts in an internal memo last month. Bakish said at the time that Paramount Global needed to "operate as a leaner company and spend less."

Persons: Bob Bakish, Bakish, – Organizations: Paramount, MTV, PSD Bank, Paramount Global, CBS, Paramount Pictures, Pluto TV, Nickelodeon, BET, Comedy Central, Skydance Media, Warner Bros, Discovery, CNBC Locations: Duesseldorf, Germany

☆ Y Combinator-backed trading app Pluto Markets just raised $2.6 million with this 14-slide pitch deck
▼ + stars: | 2024-02-07 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Pluto Markets, a trading app backed by famed accelerator Y Combinator, has raised $2.6 million in fresh funds. The Danish fintech startup, founded in 2021, wants to upend the market for retail trading offerings in Europe. "Companies raised a lot of money to blitz scale across the EU but have now focused on their core markets. Unlike most fintech brokerages, Pluto secured an EU-wide investment license before it had raised $1 million in funding, having bootstrapped and stayed lean. You can check out Pluto Market's 14-slide pitch deck below:

Persons: Joakim Bruchman, Goldman Sachs, We've, Bruchmann, Pluto, Oscar Vingtoft Organizations: Business, Companies, Trade Republic, Saxo Bank, EU Locations: Danish, Europe, Denmark, France, Germany, Berlin

☆ AI server maker Super Micro boosts sales guidance — another sign to stick with Nvidia
▼ + stars: | 2024-01-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

Super Micro makes computer servers for data centers, competing with the likes of Dell and Hewlett-Packard Enterprise . SMCI 1Y mountain Super Micro Computer 1 year Shares of Super Micro were on pace for a record close Tuesday, jumping 4%, to nearly $515 each — pushing year-to-date gains to roughly 80%. Still, the magnitude of Super Micro stock move Tuesday, compared to the size of the forecast revision, is a sign that investor expectations had already accounted for most of this good news. "I don't know whether [Super Micro] is Mercury or Venus, but I will tell you it ain't Pluto." Super Micro said it continued to see record demand for AI systems in its second quarter.

Persons: —, Jim Cramer, Thursday's, preannounced, Jim Cramer's, Jim, Tyrone Siu Organizations: chipmaker, Dell, Hewlett, Packard, Devices, Intel, Nvidia, AMD, Computer, Micro, Microsoft, Super Micro, Wall, Taiwan Semiconductor Manufacturing Company, CNBC, Nvidia Corporation Locations: San Jose , California, Taipei, Taiwan

☆ 16 VCs that are funding the future of entertainment by backing generative AI and other disruptive tech
▼ + stars: | 2024-01-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +17 min

AdvertisementAfter a period of "wild west" investing in AI, Blank believes activity will favor AI companies that respect artists' consent and compensation. It recently co-led a $1 million seed round in Conduiit, which centralizes entertainment companies' production finance operations. Endeavor Venture InvestmentsEndeavor Venture Investments is the venture arm of entertainment and sports behemoth Endeavor. SWaN & LegendThe Virginia-based VC firm has a broad consumer portfolio that includes a number of entertainment investments. With Hollywood in contraction, SWaN has largely hit pause on new entertainment investments to get its portfolio companies on a strong footing.

Persons: Michael Blank, Blank, Jon Miller, Miller, Slack, Garnet Heraman, BDMI, Urs Cete, Michael, TMRW, Tiger Woods, Rory McIlroy, Elysian Park Ventures Jay Adya, Grant Lamos, Tom Brady, Gotham Chopra, Michael Strahan, Jay Adya, Morgan, Kushaan Ahuja, Drew Glover, Glover, Alex Harris, they've, Noah Doyle, Payback India, Jed Katz, Rich Greenfield, Rich, Ilya Pozin, Jamie Seltzer, LightShed, Steve Cohen's, it's, Sri Chandrasekar, Tripp Shriner, Ishan Sinha, That's, Wondery, Ian Doody, Raine, Gordon Rubenstein, Joe Ravitch, Jeff Sine, ‐, Fred Schaufeld, SWaN, that's, Oscar, Jose, Schaufeld, Sam Wick, Alex J, Investcorp, Paul Yoo, Edgar Bronfman Jr, Daniel Leff, Waverley, Leff Organizations: Service, Creative Artists, Connect Ventures, Business, Hollywood, Veteran, TPG, Integrated Media Co, Advancit, CAA, Bertelsmann, Waverley, Octopus Ventures, Accel, Facebook, Venture, Aperture Venture, Bertelsmann Digital Media Investments, Fremantle, Connect, CAA Connect Ventures, New Enterprises Associates, TMRW Sports, Disney, Universal, Elysian Park Ventures, Elysian, Sports, Endeavor Venture, Endeavor Venture Investments, behemoth Endeavor, Dapper Labs, Fiat Ventures, Fiat Ventures Fiat Ventures, Fiat, Payback, Rent, LightShed, Rich Greenfield Influential, LightShed Ventures, Pluto, Apple, Octopus Ventures Octopus Ventures, Investments, Corp, Etsy, Re, Point72 Ventures New York Mets, Range Media Partners, Point72 Ventures, Sri, Powerhouse, Athletic, The New York Times Co, Evolution Media, Creative Artists Agency, Astro, Rave Digital Media, Accel Entertainment, Jose Andrés Media, Berliner, UTA Talent, UTA, UTA Ventures, Ventures, VR, Amazon, PFL Locations: blockchain, —, Conduiit, fintech, London, Australia, Papercup, Los Angeles, Virginia, UTA.VC

☆ A rogue star could save Earth from extinction in a billion years by knocking it out past Pluto
▼ + stars: | 2023-12-05 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

An unexpected rescue mission could come in the form of a star flying by the solar system. There's a slim chance the star could pull the Earth to a more habitable zone, a study suggested. The researchers ran 12,000 simulations to see what would happen if a star passed within 100 astronomical units (about 9.3 billion miles) from Earth. In 92% of cases, the solar system would remain almost intact even as a star passed by the solar system. In some simulations, Earth remained in the solar system but was pulled to a region beyond Pluto that's about 10% cooler than our current orbit.

Persons: —, Sean Raymond, there's, Raymond, that's Organizations: Service, University of Bordeaux, Planetary Science Institute, New, Royal Astronomical Society Locations: France, Tucson , Arizona

☆ Scientists discern internal structure of mysterious dwarf planet Eris
▼ + stars: | 2023-11-15 | by ( Will Dunham | ) www.reuters.com time to read: +4 min

An artist's concept of the dwarf planet Eris and its moon Dysnomia is seen in this undated illustration released by NASA. Most likely there is no liquid ocean inside Eris," Nimmo added. Eris has a diameter of about 1,445 miles (2,326 km), slightly smaller than Pluto's 1,473 miles (2,370 km). Because of its greater concentration of rock, which is denser than ice, Eris has about 25% more mass than Pluto. "Just like the Earth-moon system, tides on Eris slowly push Dysnomia away and slow down the spin of Eris.

Persons: Pluto, Eris, Francis Nimmo, Nimmo, Mike Brown, Dysnomia, " Nimmo, Brown, we've, Will Dunham, Rosalba O'Brien Organizations: NASA, JPL, Caltech, Handout, REUTERS Acquire, Rights, of California, Astronomical Union, Thomson Locations: of California Santa Cruz, Neptune

☆ Paramount Global stock up double digits for second straight day
▼ + stars: | 2023-11-03 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +1 min

Tom Ryan, CEO and President of Paramount Streaming, speaks during the LG press conference ahead of the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 4, 2023. Paramount stock jumped about 11% Friday, a day after posting another double-digit gain, on pace for its best day since last November. The media giant released its third quarter earnings report after the closing bell Thursday, posting higher profit and revenue from a year earlier. Bernstein Research analysts noted that the trends in the third quarter were strong, and if the company keeps them up, Paramount can expect more earnings growth. Moffett Nathanson Research analysts echoed that sentiment while remaining cautiously optimistic.

Persons: Tom Ryan, Moffett Nathanson Organizations: Paramount, LG, Consumer Electronics, Wall Street, Bernstein Research, Moffett Nathanson Research Locations: Las Vegas , Nevada

☆ Paramount's Shari Redstone is open for business, but business may not be open for her
▼ + stars: | 2023-10-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +11 min

Paramount Global 's controlling shareholder is open to a merger or selling the company at the right price, according to people familiar with her thinking. Spokespeople for Redstone and Paramount Global declined to comment. Paramount Global's market value was below $8 billion as of Friday. Discovery could merge with Paramount Global, though putting together Warner Bros. and Paramount Pictures may hold up deal approval with U.S. regulators. Paramount Global isn't actively working with an investment bank on a sale, according to people familiar with the matter.

Persons: Shari Redstone, David A, CNBC Shari, Jon Miller, SpongeBob, Guggenheim, Michael Morris, Morris, Warren Buffett, Berkshire Hathaway, Bob Bakish, Bakish, Wells, Steven Cahall, Cahall, CNBC's David Faber, Lina Khan, Laura Martin, haven't, Simon, Simon & Schuster, Sumner Redstone, NAI, Jim Cramer Organizations: National Amusements, Paramount Global, Allen & Company Sun Valley, Grogan, CNBC, Paramount, Redstone, Integrated Media, Advancit, Paramount Pictures, CBS, MTV, Nickelodeon, Comedy Central, BET, Showtime, NFL, Champions League, Viacom, Berkshire, Paramount Global's, Tech, Apple, YouTube, National Football, Federal Trade, Big Tech, Comcast, NBC, Fox, Disney, Needham & Co, Netflix, Bain, Co, Warner Bros, Sky, Scripps, Discovery, Simon &, MSD Partners Locations: Sun Valley , Idaho, Los Angeles , California, U.S

☆ Colorful Ring Nebula shines in new Webb images
▼ + stars: | 2023-08-29 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —The James Webb Space Telescope has revealed colorful new portraits of the iconic Ring Nebula. Webb previously captured a different perspective on the Ring Nebula, as well as the similar-looking Southern Ring Nebula. A longtime favorite of astronomers, the Ring Nebula has been studied for years due to its observability and the insight it can provide into the lifetime of stars. Messier and astronomer Darquier de Pellepoix discovered the Ring Nebula in 1779. As the dying star was throwing off its atmosphere, the companion star shaped the outflow and sculpted it.”

Persons: James Webb, Webb, Charles Messier, Messier, Darquier de Pellepoix, ”, Roger Wesson, Wesson, ” Wesson Organizations: CNN, Cardiff University, NASA, Hubble, ESA, Webb, CSA Locations: MIRI

☆ Solar Orbiter observes jets of material escaping the sun
▼ + stars: | 2023-08-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —The Solar Orbiter mission has discovered jets of material rapidly releasing from the sun’s outer atmosphere. An artist's concept shows the Solar Orbiter spacecraft circling the sun. The advanced instruments aboard Solar Orbiter, as well as NASA’s Parker Solar Probe, are helping to unlock the biggest mysteries that remain about the sun. The sun’s magnetic field is so massive that it stretches beyond Pluto, providing a pathway for solar wind to travel directly across the solar system. Solar Orbiter works in tandem with Parker Solar Probe, which is orbiting the sun on a seven-year mission after launching in August 2018.

Persons: “, ”, Lakshmi Pradeep Chitta, Max Planck, NASA’s Parker, Andrei Zhukov, ESA’s Daniel Müller, Parker Organizations: CNN, Orbiter, NASA, European Space Agency, Solar, ESA, Max, Max Planck Institute, Solar System Research, Probe, Space, Royal Observatory of, Solar Orbiter, Parker Locations: Germany, Royal Observatory of Belgium

☆ NASA's James Webb Space Telescope reveals a secret star Hubble missed, maybe solving the mystery of a dying star's multi-layered nebula
▼ + stars: | 2023-08-22 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

The Ring Nebula, an oblong-donut-shaped planetary nebula in the constellation Lyra, is a dying star expelling its outer layers one by one, 2,200 light-years away. Check out the newly visible texture of the nebula's outer layers, and the spikes of light shooting out into space. AdvertisementAdvertisement"Planetary nebulae were once thought to be simple, round objects with a single dying star at the center. Webb's infrared photo shows telltale arcs outside the main ringThe Webb image reveals faint concentric arcs beyond the nebula's outer ring. If confirmed, this companion star would be about the same distance from the dying star as Earth is from Pluto.

Persons: James Webb, Roger Wesson, Robert O’Dell, Webb, Barlow, Cox, Wesson, couldn't Organizations: Service, Hubble, Cardiff University, NASA, ESA, Vanderbilt University, CSA, UCL, Wesson Locations: Wall, Silicon

☆ Even with price hikes for Netflix and Disney+, streaming is still a cheap deal and way better than cable TV
▼ + stars: | 2023-08-22 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +4 min

But streaming TV is still a good deal. I wrote in May about why a wave of price hikes for ad-free streaming services was on the horizon. AdvertisementAdvertisementWhat's really coming to an end right now is not the end of cheap streaming but the end of cheap ad-free streaming. That's why cable TV mostly has ads (with some add-on exceptions like HBO and other premium cable channels). "Streamflation" is a drag, but I'm not pining for the cable bundle — and I doubt other cord-cutters are either.

Persons: I'd, It's, Ted Lasso Organizations: Disney, Netflix, Financial Times, Nielsen, Hulu, Free, Paramount, Apple

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