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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin briefly crosses $72,000 for first time since mid-March and ether soars 8%: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, BitGo's Matthew Ballensweig, who is the head of Go Network, weighs in on what's driving crypto prices. Ballensweig also explains what he believes is the "defining moment" for bitcoin.
Persons: explainers, Matthew Ballensweig, Ballensweig Organizations: CNBC Crypto, CNBC, Go Network
Read previewEven if you don't play video games, you probably know that video games are a really big business. And if you pay attention to the media business, you may also know that by some measures, the video game industry dwarfs Hollywood in terms of revenue . Which leads to layoffs: The games industry shed 8,500 jobs in 2022 and a record 10,500 in 2023, Ball reports. And that also affects the mobile games business, since game-makers use mobile ads to distribute their apps, and to advertise to players once they've downloaded the apps. Now, mobile game ads are more expensive and less precise, which makes it harder to find new customers and harder to make money from the customers they do have.
Persons: , Matthew Ball, It's, We're, Ball Organizations: Service, Business, Apple, PlayStation
However, this person has been investing for more than 2 decades and sold a startup to a big tech company in the first dot-com boom. "The lesson of Microsoft Windows"Then this hedge funder schooled me on the "lesson of Microsoft Windows." He also pointed out that if you don't own a big platform, your life kinda sucks. AdvertisementThe biggest betsThis is why big tech companies are investing 100s of billions of dollars to find the next big platforms. Big Tech is all about winning our attention and being the first "funnel" that sends us out into the world.
Persons: Mark Zuckerberg, , Apple, Tesla, it's, Mark Gurman, I've, Matthew Ball, Zuckerberg, Ball, OpenAI, Nora Naughton, Elon Musk Organizations: Apple, Service, Apple's, Microsoft, Microsoft Windows, Android, Amazon, Google, Big Tech, Tesla, Software, GM, Ford, Meta Locations: American
The Hollywood strikes thrust Parrot Analytics, which measures film and TV demand, into the spotlight. Parrot Analytics, a decade-old research firm, has in recent years built a complicated reputation in Hollywood with its proprietary system for measuring audience interest in films and TV shows. As streaming consumption skyrocketed and companies like Netflix kept audience data under wraps, Parrot offered one of the few apples-to-apples measurements across different series and films. Some producers and agents say Parrot has brought much-needed transparency to content measurement. "Parrot Analytics would reward quite a few shows that weren't the most viewed shows in America," he wrote.
Persons: Wared Seger, Seger, Parrot, he's, Seger's, Nielsen, Discovery's Max, Julia Alexander —, , It's, HBO's Casey Bloys, Avalon, Jon Thoday, Matthew Ball, shouldn't, Guy, aren't, it's Organizations: Hollywood, Netflix, SAG, Alliance, Producers, ABC, Nielsen, Disney, CAA, Amazon's, Writers Guild of America, Warner Bros, Amazon Studios Locations: Hollywood, LA, Seger, New Zealand, Boston, America
Apple Vision Pro costs almost $4,000 after tax. At 7x more than the Quest 3, the Vision Pro should be far more powerful and capable – and of course, it is. Price skimming is a strategy where a company sets the initial price of a product very high, then gradually lowers it over time. It keeps profits high throughout a product's lifecycle: By pricing products high at launch, Apple maximizes its profits from these early sales. Given these red marks WSJ gadget reviewer Joanna Stern walked away with after using Apple Vision Pro for just 20 minutes, I remain skeptical…
Persons: Matthew Ball, Apple, Apple's, Tesla, Joanna Stern, Organizations: Apple Vision, Apple Silicon, Apple
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's 'Vision Pro' price puts it out of reach 'for nearly every American': Epyllion CEOMatthew Ball, Epyllion CEO, joins 'Closing Bell Overtime' to discuss Apple's new augmented reality headset, the Vision Pro's price point, and more.
Persons: Matthew Ball
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney+ likely bigger concern than Hulu at this point, says Epyllion's Matt BallMatthew Ball, Epyllion CEO, joins 'Closing Bell Overtime', to discuss Disney earnings, a possible Hulu buyout, and the state of the streaming space.
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