DIRS.INFO The most relevant business & tech news

☆ Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%
▼ + stars: | 2024-06-21 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla CEO Elon Musk sent an email to "everybody" that day. He told employees, "Over the next few weeks, Tesla will be doing a comprehensive review to provide stock options grants for exceptional performance." In a filing for the fourth quarter, Tesla said its employee head count worldwide at the end of December was 140,473, a number that represents salaried and hourly staffers. At around 121,000, that suggests Tesla has reduced overall headcount by at least 14% since the end of 2023. For the first quarter, Tesla reported a 9% drop in annual revenue, the biggest decline since 2012.

Persons: X Elon Musk, Mark Read, Elon Musk, Tesla, Musk, We've, Rebecca Tinucci Organizations: Lumiere Theatre, Cannes Lions, CNBC, Tesla, Reuters, Bloomberg, Nasdaq Locations: Cannes, France, China

Musk’s mission to CannesAs advertising moguls traveled to southern France this week for the Cannes Lions festival — an annual rosé-filled celebration of their industry — the biggest guest was someone who had crudely told many of them to get lost. Elon Musk and his top lieutenant, Linda Yaccarino, were on hand to persuade brands to return to X in a bid to bolster their beleaguered ad business. A reminder: At the DealBook Summit, he lashed out at advertisers who had pulled back from X after he had endorsed an antisemitic conspiracy theory. of the ad giant WPP, asked Musk about the incident onstage on Wednesday, the X owner responded that he wasn’t referring to all advertisers. “Advertisers have a right to appear next to content that they find compatible with their brands,” Musk said.

Persons: Elon Musk, Linda Yaccarino, Musk, Mark Read, ” Musk Organizations: Cannes, Cannes Lions, WPP Locations: France

☆ WPP CEO: X content moderation lives up to industry expectation
▼ + stars: | 2024-06-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWPP CEO: X content moderation lives up to industry expectationMark Read, CEO at WPP, discusses Elon's Musk's comments to advertisers at Cannes Lions and explains how the company are using AI in their latest innovations.

Persons: Mark Read Organizations: WPP, Cannes Lions

☆ Dutch PM Mark Rutte set to be next NATO secretary-general after rival withdraws from race
▼ + stars: | 2024-06-20 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Netherland's Prime Minister Mark Rutte arrives to attend the European Political Community summit at the Palacio de Congreso in Granada, southern Spain on October 5, 2023. Romanian President Klaus Iohannis on Thursday rescinded his bid for the leadership of the NATO military alliance and threw his support behind the favorite contender for the post, Dutch Prime Minister Mark Rutte. The move effectively clears the path for outgoing Dutch PM Rutte to assume the top position of the 32-member U.S.-led NATO military coalition, when incumbent Secretary-General Jens Stoltenberg finishes his mandate on Oct. 1 after 10 years in the job. Iohannis, 65, is ending his second five-year round at the helm of Romania, which will hold national elections in September. Two weeks ago, Budapest conceded not to block the NATO alliance's deepening military support for Ukraine, in exchange for nonparticipation.

Persons: Mark Rutte, Klaus Iohannis, Iohannis, Rutte, Jens Stoltenberg Organizations: Netherland's, Palacio, Congreso, NATO, Dutch, Supreme, of National Defense, CNBC, U.S, Ukraine Locations: Granada, Spain, Romanian, Romania's, Ukraine, Iohannis, Romania, Rutte, Hungary, Russia, Budapest

☆ Elon Musk is trying to woo advertisers after telling them to ‘go f–k yourself’
▼ + stars: | 2024-06-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk told advertisers last year to “go f**k yourself.” This year, he is showcasing a much different attitude. The erratic billionaire, realizing that he very much needs major advertisers to power X, was in the South of France on Wednesday, attending Cannes Lions, the world’s largest advertising festival. Put together, it’s is no mystery why major brands have taken their advertising dollars elsewhere. Musk even said at the time that the damage to X’s bottom line was so great, it could eventually kill the company. Musk likely does not want to see the platform go the way of the woolly mammoth, which is why he is now trying to woo advertisers back.

Persons: New York CNN — Elon Musk, Mark Read, Musk, —, ” Read, Andrew Ross Sorkin, hadn’t, “, ” Musk, X, it’s, ”, Joe Biden’s, Donald Trump Organizations: New York CNN, France, Cannes Lions, WPP, SpaceX, Associated Press, Washington Post, Democratic Party, Republicans Locations: New York, South, Israel, Mexico, Washington

☆ Mark Rutte, next NATO secretary general, after Romania drops long-held objection
▼ + stars: | 2024-06-20 | by ( Luke Mcgee | ) edition.cnn.com time to read: +3 min

CNN —Mark Rutte, the outgoing prime minister of the Netherlands, is now set to become the next NATO secretary general. Rutte will inherit a NATO that is racing to bolster its own security while also supporting Ukraine’s defense against Russia’s invasion. Over time its position has evolved from not sending any tanks to allowing Ukraine to strike inside Russian territory with NATO weapons. Rutte must also oversee NATO’s radical upgrade in defense and security capabilities. NATO allies are aware that Trump has historically criticized NATO allies for not spending enough money on their own security and relying on America.

Persons: Mark Rutte, Klaus Iohannis, Iohannis, Jens Stoltenberg, Rutte, Donald Trump, Trump, Vladimir Putin Organizations: CNN, NATO, Kyiv Locations: Netherlands, Romania, Romanian, Moscow, Ukraine, Sochi, Crimea, United States, America, Sweden, Finland

☆ Elon Musk really wants advertisers' money. But he also wants to keep tweeting. He can't have both.
▼ + stars: | 2024-06-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

His anti-revenue campaign reached its peak/nadir last fall, when he literally told advertisers to "go fuck yourself." And that's where Musk explained that when he told advertisers to go fuck themselves last year, he didn't mean all advertisers. "It was with respect to freedom of speech," he told Read. AdvertisementMeanwhile, the exodus of big brand advertisers has pushed Twitter ad rates way, way down. And I do shoot myself in the foot from time to time," he told Read.

Persons: —, Elon Musk, Mark Read, Musk, Read, Oliver Darcy, Joe Biden's, Donald Trump, Barack Obama, Joe, Puck, there's, It's Organizations: Service, Elon, Business, Cannes, WPP, Twitter, YouTube, Facebook, CNN, Associated Press, Washington Post, Democratic Party, Republicans, Google, Media Locations: France, Mexico, Washington

☆ Elon Musk softens 'go f--- yourself' comment as he tries to woo advertisers back to the platform
▼ + stars: | 2024-06-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

At the Cannes Lions advertising festival in Cannes, France, Musk was asked by WPP CEO Mark Read why he told advertisers threatening to pull ads from the platform late last year to "go f--- yourself." Musk said it was meant as a general point on free speech rather than a comment to the wider advertising industry. "In some cases, there were advertisers who were insisting on censorship," Musk said. "We're going to support free speech rather than agree to be censored for money which I think is the right moral decision," he added. He was joined by Linda Yaccarino, X's CEO and former chairman of global advertising and partnerships for NBC Universal.

Persons: Musk, Elon Musk, Mark Read, Linda Yaccarino Organizations: Cannes Lions, WPP, Cannes, NBC Universal Locations: Cannes, France

☆ Elon Musk sure wants people to know he was the one to name OpenAI
▼ + stars: | 2024-06-19 | by ( Kiera Fields | ) www.businessinsider.com time to read: +1 min

Billionaire Elon Musk spoke to WPP CEO Mark Read in an interview at Cannes Lions on Wednesday. On the topic of the future of AI, Musk reminded the audience he cofounded OpenAI as a nonprofit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk reminded the audience at Cannes Lions on Wednesday that he was the person to name OpenAI as he made a jab at the direction the company has taken since then. Musk took to the festival stage as a guest speaker in an interview with WPP CEO Mark Read, where he discussed technical innovation.

Persons: Elon Musk, Mark Read, OpenAI, —, Musk, Read Organizations: WPP, Cannes Lions, Service, Business

☆ Elon Musk really doesn't want to live forever
▼ + stars: | 2024-06-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Elon Musk isn't interested in living forever. In a recent interview, Musk said if people live too long they inhibit new ideas. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUnlike some of his contemporaries, Elon Musk isn't interested in living forever. "If we live for too long, I think it does ossify society.

Persons: Elon, isn't, Musk, —, Elon Musk isn't, hadn't, Mark Read Organizations: Service, Cannes Lions International, Creativity, WPP, Business

☆ Opinion: Putin’s North Korea visit comes at a crucial moment
▼ + stars: | 2024-06-18 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +7 min

She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and senior columnist for World Politics Review. CNN —When Russian President Vladimir Putin arrives in North Korea on Tuesday, it will kick up yet another gust in the recent swirl of diplomatic activity surrounding Russia’s all-out war against Ukraine. The allies have good reason to believe Putin aims to outlast Western support. South Korean intelligence estimates that North Korea has delivered as many as 5 million artillery rounds, along with ballistic missiles and other ammunition. Putin, meanwhile, will visit one-party ruled Vietnam later this week, not exactly a military powerhouse, but at least one country that is not backing Ukraine.

Persons: Frida Ghitis, Read, Vladimir Putin, Moscow –, Ukraine’s, –, Putin, Donald Trump, Putin’s, Putin –, Trump, wouldn’t, he’d, Ursula von der Leyen, Olaf Scholz, Mark Rutte, ”, Volodomyr Zelensky, Hitler, Joe Biden, Biden, Zelensky Organizations: CNN, Washington Post, Politics, Ukraine, Frida Ghitis CNN, North, Kyiv, White, European, Dutch, Peace, Biden, Trump acolytes, Republican, Zelensky, NATO Locations: North Korea, Pyongyang, Moscow, Kyiv, Ukraine, Putin’s Russia, Iran, Russia, China, Europe, Cuba, Russian, Normandy, Western, Italy’s Puglia, Switzerland, Korea, Germany, Ukrainian, Puglia, “, Washington, Vietnam

☆ Thailand to become first Southeast Asian nation to legalize same-sex marriage
▼ + stars: | 2024-06-18 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +8 min

The result of the vote means that Thailand will become only the third place in Asia to allow for marriage equality after Taiwan legalized same-sex marriage in 2019 and Nepal in 2023. Mark Phillips/CNNPrevious attempts to legalize marriage equality over the past decade had stalled. Nonetheless Thailand’s Prime Minister Srettha Thavisin, of the Pheu Thai Party, had also promised to bring the marriage equality bill to parliament. Japan is the only Group of Seven (G7) country that has not recognized either same-sex civil unions or same-sex marriage, despite recent high court decisions that ruled not allowing same-sex marriage is unconstitutional. South Korea does not legally recognize same-sex marriage but in February 2023, a South Korean court ruled in favor of a same-sex couple seeking equal health benefits.

Persons: ”, Panyaphon Phiphatkhunarnon, Thailand –, ” Panyaphon, Watit, ” Pokpong, Pokpong, Mark Phillips, Pita Limjaroenrat, Srettha Thavisin, Srettha, “, Peerapon Boonyakiat, Xi Jinping Organizations: CNN, Love Foundation, Pokpong, “, Party, Thailand’s, Pheu Thai Party, Bangkok Pride Locations: Thailand, Southeast Asia, Asia, Taiwan, Nepal, Bangkok, Sukhumvit, Myanmar, Brunei, Indonesia, Aceh, Malaysia, Singapore, Japan, China, Beijing, South Korea, Korea

☆ The rise of STEM influencers: 3 top takeaways from a conference that serves as an annual science fair for YouTubers
▼ + stars: | 2024-06-17 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +8 min

All of this, and more, took place last week at Open Sauce, the annual STEM conference for makers and content creators. It also featured three large exhibit halls filled with unique inventions created by students, engineers, makers, and content creators. The conference offered sessions from dozens of YouTube's top STEM creators, including Osman, Adam Savage, Mark Rober, Astro Alexandra, and Nile Red. Related storiesHere are three key takeaways from this year's Open Sauce:YouTuber and engineer Mark Rober on stage at Open Sauce. Some industry attendees said Open Sauce felt similar to the early days of VidCon, the largest annual creator industry conference, because of its smaller, community feel.

Persons: —, William Osman, Osman, Amjad Hanif, YouTube's, Paul Bakaus, Alessandra Catanese, Adam Savage, Mark Rober, Astro Alexandra, Rober, Bakaus, Amanda Perelli, Derek Muller Organizations: Service, YouTube, Business, Smosh, Creators, Investment, Partners Locations: Cow, San Francisco, VidCon

“My parents took me to see ‘Peter Pan’ at TheatreWorks in Palo Alto. I was 3, and I was sitting on my mom’s lap, and Captain Hook had Peter Pan tied up, and apparently I stood up on my mom’s lap, and I screamed, ‘You poo-poo head!’ at Captain Hook.” — Will Brill“I saw Mark Rylance play Olivia in ‘Twelfth Night.’ And I was so astonished by his tragic sense of humor. I had been planning on doing an Olivia monologue to audition for school, and I was like, ‘I can’t do it because he’s too brilliant.’ I changed my monologue.” — Juliana Canfield“I did three different productions of ‘Grease.’ I played Danny every time, at 12, 14, and then my senior year of high school. When I was Danny my senior year, all of a sudden the girls started to take notice.” — Tom Pecinka

Persons: “, Peter Pan ’, Captain Hook, Peter Pan, — Will Brill, Mark Rylance, Olivia, ‘, ” — Juliana Canfield “, ’, Danny, ”, Tom Pecinka Locations: TheatreWorks, Palo Alto

☆ Elon Musk is going to try courting advertisers. Again.
▼ + stars: | 2024-06-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Elon Musk, who has a ... complicated relationship with advertisers, is going to appear at a big ad conference. It's pretty standard for tech companies to court advertisers at the Cannes Lions event in France. AdvertisementLast fall Elon Musk told advertisers to go fuck themselves. Maybe he has a different message now: The man who bought Twitter, turned it into "X," and saw his advertising revenue plummet, is heading to the Cannes Lions ad summit in France next week. WPP, one of the world's biggest ad companies, said Musk will appear at an event with WPP CEO Mark Read on June 18.

Persons: Elon Musk, —, Mark Read Organizations: Cannes Lions, Service, Twitter, WPP Locations: France

☆ Is abortion rights your top issue? Here's a guide to each 2024 candidate's stance.
▼ + stars: | 2024-06-03 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Two years later, abortion rights remain a major issue in the 2024 election. Vice President Kamala Harris has taken the lead in the Biden campaign's push to highlight abortion rights on the campaign trail. The Senate filibuster requires a de facto 60-vote majority for legislation that would enshrine nationwide abortion rights protection into law. AdvertisementSome legal experts have also questioned whether Congress has the power to guarantee abortion access. Project 2025, an unofficial partnership of right-wing think tanks, has outlined an ambitious series of plans to curtail abortion rights if Trump wins in November.

Persons: —, Roe, Wade, Joe Biden's, Biden, Donald Trump, There's, Trump, Here's, Kamala Harris, Saul Loeb, Joe Biden, It's, reimbursing, Mark Wilson, Arizona, Katie Hobbs, hasn't Organizations: Service, Business, CBS, New York Times, Trump, Biden, Getty, Senate, GOP, Supreme, Pentagon, Republican, Justice Department, Republicans, Gov Locations: Arizona, Arizonans, Siena, mifepristone, Florida

☆ Do this once a month and extend your life by 10 years. No gym required
▼ + stars: | 2024-05-31 | by ( Jessica Dulong | ) edition.cnn.com time to read: +11 min

“Art is one of our oldest creations (humans invented paint long before the wheel), one of the earliest means of communication (we drew long, long, long, long before we could write), and one of our most universal urges,” she wrote. But when you watch artists making art, it is a physical experience. Different art forms affect the brain and body in different ways. Just as when we are prescribed medications, (it’s true that) types, doses and durations of art work differently for different people. And just one art experience per month can extend your life by 10 years.

Persons: Susan Magsamen, ”, Ivy Ross, Bianca Bosker, “, Marco Brambilla’s, Leon Neal, Rothko, —, Cy, Benjamin Krantz, Bianca, Jessica DuLong Organizations: CNN, Research, Getty, Physicians, Viking CNN Locations: London, Houston, Brooklyn , New York

☆ Why the Negro League stats belong in the MLB record books
▼ + stars: | 2024-05-30 | by ( Harry Enten | ) edition.cnn.com time to read: +12 min

Fortunately, we got to see other NLB players join an integrated MLB a short time into their careers. Bettmann Archive/Getty ImagesFormer NLB players who joined the integrated MLB got on base more frequently (.361) than the average (.324). Hulton Archive/Getty Images Robinson was a formidable athlete in college, lettering in four sports at UCLA. Bettmann Archive/Getty Images Robinson poses in the dugout with Dodgers teammates as he makes his historic debut on April 15, 1947. Rogers Photo Archive/Getty Images Robinson leaps into the air to try to turn a double play in 1952.

Persons: “, Major League Baseball’s, Neil Paine, –, Todd Peterson, White, Satchel Paige, Dizzy Dean, Mark Rucker, of Famer Dizzy Dean, ”, Dean, Paige, Willie Mays, Mays, Henry “ Hank ” Aaron, Aaron didn’t, Wes Westrum's, It’s, Don Newcombe, Jackie Robinson, Robinson, Rachel Isum, Johnny, Jorgensen, Harold, Pee Wee, Reese, Eddie Stanky, Rickey, Rogers, Richard Nixon, Paul Schutzer, Edd Roush, Bob Feller, Bill McKechnie, Cliff Welch, Ed Sullivan, Rachel, — Jackie Jr, David, Sharon —, Robert Riger, Jackie Robinson's, Larry Doby –, Hall, Hall of Famer –, Josh Gibson, Gibson’s, Gibson, Ty Cobb, Babe Ruth, Ruth, We’ll, Larry Doby, Stanley Weston, Doby, Cobb, Grover Cleveland Alexander, Walter Johnson, they’ll Organizations: CNN, Negro League Baseball, Major League, MLB, Negro League, Wrigley Field, White MLB, of Famer, White, Birmingham Black Barons, Indianapolis, National Leagues, New York Giants, Philadelphia Phillies, Polo, Bettmann, Getty, National League, Brooklyn Dodgers, Hulton, UCLA, US Army, Kansas City Monarchs, Negro Leagues, Sporting, Montreal Royals, Dodgers, New York Yankees, GOP, Republican, Hall of Fame, CBS, Freedom, American League, Hall of Famer, Baseball, Cleveland Indians, NL, AL Locations: Chicago, , New York, Cairo , Georgia, Pasadena , California, Los Angeles, New York, Stamford , Connecticut, Williamston , North Carolina, Bettmann, Anaheim , California

☆ Former Intelligence Chief Tapped as Next Dutch Prime Minister
▼ + stars: | 2024-05-29 | by ( Claire Moses | ) www.nytimes.com time to read: +1 min

The Netherlands will be getting a new prime minister, with the four right-wing parties that are forming a government finally naming their pick, more than six months after the elections. The parties selected a top justice official, Dick Schoof, 67, on Tuesday. They will now continue work on forming a cabinet, naming ministers and state secretaries, with the aim of finalizing a government in about four weeks. The choice of Mr. Schoof — the highest-ranking official at the Ministry of Justice and Security and a former counterterrorism chief, who has no political experience or party affiliation — reflects an attempt to govern the Netherlands differently after more than 13 years under Prime Minister Mark Rutte’s leadership. While Mr. Schoof’s name had not been widely circulated as a potential prime minister, the four parties have said they agreed to set up a government that includes political outsiders, in order to create more distance between the Parliament and the cabinet.

Persons: Dick Schoof, Schoof, Mark Rutte’s, Schoof’s Organizations: Ministry of Justice, Security Locations: Netherlands

☆ China chip industry gets $47.5 billion in new funding
▼ + stars: | 2024-05-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Worth $47.5 billion, the fund is being created as the US imposes sweeping restrictions on the export of American chips and chip technology in a bid to throttle Beijing’s ambitions. The latest investment vehicle is the third phase of the China Integrated Circuit Industry Investment Fund. The first phase of the fund was set up in 2014 with 138.7 billion yuan ($19.2 billion). In 2022, the country’s anti-graft watchdog launched a crackdown on the semiconductor industry, investigating some of China’s top figures in state-owned chip companies. Last year, China’s Huawei shocked industry experts by introducing a new smartphone powered by a 7-nanometer processor made by China’s Semiconductor Manufacturing International Corporation (SMIC).

Persons: Xi Jinping’s, Lu Jun, ”, Xi’s, Biden, China’s, Mark Rutte, Xi Organizations: Hong Kong CNN, Worth, China Construction Bank, China Integrated Circuit Industry Investment Fund, National Enterprise, Ministry of Industry, Information Technology, IC, US, China’s Huawei, China’s Semiconductor Manufacturing International Corporation, Huawei, Dutch Locations: Hong Kong, China, ICBC, Beijing, Netherlands, Japan, United States, ASML

☆ GM all-electric Chevy Equinox goes on sale as the latest test for EV production and demand
▼ + stars: | 2024-05-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

The Equinox EV is launching with higher-priced models that start at roughly $43,000 to $51,100 (without any incentives). The Equinox EV is arriving to market following the Blazer EV and alongside GM's more than $96,000 Silverado EV RST. Equinox EVAll of that being said, the Equinox EV is an Equinox in name only. Outside of the U.S., the Equinox EV will be sold in Canada, Mexico, the Middle East and some South American markets such as Brazil. GM's 2024 Chevrolet Equinox EV (right) next to a gas-powered Chevy Equinox on May 16, 2024 in Detroit.

Persons: Michael Wayland, Mark Reuss, Tesla, Kathleen Murawski, Chevy Bolt, It's, We've, Rory Harvey, we've, Marissa West, West, Paul Waatti, Waatti Organizations: CNBC DETROIT, General Motors, GM, CNBC, Chevy, GMC Hummer EV, Blazer, Global, Silverado EV RST, Silverado, GM North America, Chevrolet, Motors, EV Locations: Detroit, China, U.S, Canada, Mexico, Brazil

☆ The UK’s royal family as you’ve never seen them before
▼ + stars: | 2024-05-17 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +6 min

Alongside them are the Queen’s sister, Princess Margaret, plus Princess Alexandra and the Duchess of Kent, all holding their newborn babies. The Royal Family at Royal Lodge, 1943, conveying a reassuring sense of domesticity and calm during the war. Royal Collection TrustBeaton was the official photographer for Elizabeth’s coronation in 1953. Snowdon/Royal Collection TrustAnother highlight is the earliest surviving color print of a member of the royal family. Paolo Roversi/Royal Collection TrustGET OUR FREE ROYAL NEWSLETTER • Sign up to CNN’s Royal News, a weekly dispatch bringing you the inside track on the royal family, what they are up to in public and what’s happening behind palace walls.

Persons: Elizabeth II, Prince Edward, Princess Margaret, Princess Alexandra, Duchess, Kent, Princess Margaret’s, Antony Armstrong, Jones, Lord Snowdon, Princess Elizabeth, Cecil Beaton, “, ”, King George VI, Queen Elizabeth, Elizabeth, Margaret, Windsor . King George VI, comfortingly, Queen Elizabeth II, Prince Philip, Collection Trust Beaton, Martin Charteris, Beaton, Charles, Princess Anne, Anne, Pippin, Norman Parkinson, Snowdon, Madame Yevonde, Princess Alice , Duchess of Gloucester, Edward VIII, Andy Warhol’s, Andy Warhol, Todd, Ben Fitzpatrick, Paolo Roversi’s, Princess, Catherine, Alexandra , Princess of Wales, Franz Xaver Winterhalter, Wales, Cambridge, Paolo Roversi, Alessandro Nasini, Dorothy Wilding, Annie Leibovitz, David Bailey, Rankin Organizations: CNN, Royal, Royal Archives, Collection Trust, CNN’s Royal Locations: Royal, Windsor ., Buckingham, Wales

☆ 'Quiet wealth' takes on new meaning with super-private deals for mansions, art and classic cars
▼ + stars: | 2024-05-17 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

While public auction sales are declining in the art world, private sales — done behind closed doors between discreet buyers and sellers — are growing. Classic cars are also seeing a shift to private sales, especially with the most expensive and rare models. But its newly formed RM Sotheby's private sales division has seen its sales more than quadruple over the past four years, according to Shelby Myers, global head of private sales for RM Sotheby's. The rise in private sales for classic cars, art, real estate and other markets is being driven by social media, technology and cooling prices for collectibles. "They're leaving money on the table," said real estate broker Noble Black of Douglas Elliman.

Persons: Robert Frank, Phillips, Christie's, Mark Rothko, Ken Griffin, Ferraris, Shelby Myers, We've, Myers, Patrick Dovigi's, Steve Wynn, Thomas Peterffy —, Douglas, Ernie Carswell, Carswell, He's, Noble Black, Douglas Elliman Organizations: Christie's, CNBC, Sotheby's, Hamptons, Malibu , Bel Air, Beverly Locations: Sotheby's, Christie's, Manhattan, Malibu, Aspen, Palm, Manhattan's Greenwich, Palm Beach, Los Angeles, New York, Eastern, Palm Springs, Malibu ,

☆ Opinion: Putin’s lightning assault jolts Europe awake
▼ + stars: | 2024-05-16 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

View more opinion on CNNCNN —It was a carefully choreographed show of force in Beijing Thursday as Russian President Vladimir Putin arrived for yet another meeting with his Chinese counterpart, Xi Jinping. Frida Ghitis CNNOn Wednesday, Slovakian Prime Minister Robert Fico was shot multiple times and gravely wounded in an assassination attempt. Russia’s lightning assault, according to Ukrainian President Volodymyr Zelensky, who cancelled all his foreign travel, aims to force Ukraine to stretch its defenses. Security officers move Slovak Prime Minister Robert Fico in a car after the assassination attempt in Handlova, Slovakia, on Wednesday May 15. Every day, the stark reality that what began in Ukraine will change Europe for years to come becomes more inescapable.

Persons: Frida Ghitis, Vladimir Putin, Xi Jinping, Robert Fico, Fico, Putin, —, Volodymyr Zelensky, Donald Trump, Joe Biden’s, David Cameron, “, Fico —, Radovan Stoklasa, Sergei Shoigu, Andrey Belousov, laughably, Rishi Sunak, Mark Rutte, Russia's, Alexander Ryumin, Emmanuel Macron, ”, Mikko Heiskanen, Xi Organizations: CNN, Washington Post, Politics, CNN CNN, Frida Ghitis CNN, Wednesday, Slovakian, Kyiv, British, Putin, Kremlin, Moscow, European Union, Reuters, Europe, Russia, Republicans, Russian, West, NATO, Institute for, ” Locations: Beijing, Europe, Ukraine, Kharkiv, Russia, Georgia, Soviet Republic, Moscow, Moldova, Slovak, Slovakia, “, Handlova, Iran, North Korea, China, Norway, London, British, Netherlands, ”, Germany, Berlin, Finland

☆ Watch CNBC's full interview with GM President Mark Reuss
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with GM President Mark ReussMark Reuss, General Motors president, joins 'Closing Bell Overtime' to talk the push for electric vehicles, China EV tariffs, and more.

Persons: Mark Reuss Mark Reuss Organizations: General Motors Locations: China

Search resuls for: "Mark R"

25 mentions found