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☆ Eric Schmidt was supposed to buy a yacht once owned by a Russian oligarch. Here's the one he bought instead.
▼ + stars: | 2024-05-07 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Eric Schmidt backed out of buying the Alfa Nero megayacht last year. The ship — one of the biggest yachts owned by a tech billionaire —was listed for about $161 million. AdvertisementLast year, Eric Schmidt made waves in the yachting community when news came out that he was the soon-to-be owner of the Alfa Nero, an 81-meter megayacht that belonged to a sanctioned Russian oligarch. But as the sale proceedings went on, legal challenges piled up as people laid claim to Alfa Nero, and Schmidt backed out of the deal. In September 2023, just three months after he won the Alfa Nero auction, the billionaire purchased Kismet, renaming her Whisper, Business Insider has learned.

Persons: Eric Schmidt, Alfa Nero megayacht, Shahid Khan, —, Alfa Nero, Schmidt, Marcus Brandt, Shahid Khan — Organizations: Alfa, Service, Google, Bloomberg, Getty, Jacksonville Locations: Russian, Antigua, Barbuda, Russia, Ukraine, Caribbean

☆ Jacksonville Jaguars win on 10th appearance in London, beating Atlanta Falcons as 2023 NFL International Series kicks off
▼ + stars: | 2023-10-01 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —The Jacksonville Jaguars won on its 10th game in London, beating the Atlanta Falcons 23-7 at Wembley Stadium on Sunday as the 2023 NFL International Series kicked off. Sunday’s game is the first of five international games the NFL has implemented as part of their ever-expanding International Series. Sunday’s game was the Jaguars’ 10th in London – the most of any team in the NFL. The Falcons struggled to create any meaningful offense during the first half, with Ridder compiling a second quarter to forget. Kirby Lee/USA Today Network/ReutersHowever, things improved shortly after halftime for the Falcons with Ridder finding London for a short touchdown pass to give Atlanta renewed hope.

Persons: Calvin Ridley, Trevor Lawrence, Desmond Ridder –, Ridder, Drake London, London’s, Lawrence, “, Let’s, ” Ridley, Kirsty Wigglesworth, Shahid Khan, Ridley –, Williams, Roy Robertson, Harris, Josh Allen, Travon Walker, Kirby Lee, Bijan Robinson, elusiveness, Brandon McManus, it’s Organizations: CNN, The Jacksonville Jaguars, Atlanta Falcons, Wembley, Falcons, Jaguars, NFL, Tottenham Hotspur, Buffalo Bills, Baltimore Ravens, Tennessee Titans, Frankfurt, Miami Dolphins, Kansas City Chiefs, Indianapolis Colts, New England Patriots, –, ESPN, Jacksonville, Florida, Premier League team Fulham, Ridder, USA, Network, Reuters, London, Atlanta Locations: London, Germany, Georgia

☆ Kevin Maxen becomes first male coach in a US men’s pro sports league to publicly come out as gay
▼ + stars: | 2023-07-21 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +2 min

CNN —Kevin Maxen has become the first male coach in a US men’s professional sports league to come out as gay. In an interview with Outsports, the Jacksonville Jaguars associate strength coach said he no longer wanted to lie, as well as hoping to inspire others by publicly coming out. “I don’t want to feel like I have to think about it anymore,” Maxen told Outsports. Carl Nassib became the first active NFL player in league history to announce that he is gay in 2021. I know our players and staff feel the same.”Per Outsports, Maxen is the “first publicly out male coach in a major American men’s pro sports league,” with WNBA coach Curt Miller, who publicly came out to the media as gay in 2015, also a publicly out male coach in an American professional sports league.

Persons: Kevin Maxen, Outsports, ” Maxen, Nick, “, ”, Carl Nassib, Maxen, I’ve, Shahid Khan, Kevin, ” Khan, Curt Miller Organizations: CNN, Jacksonville Jaguars, ” Jacksonville Jaguars, Maxen, ESPN Locations: Jacksonville, American

☆ Netflix set for slowest revenue growth as ad plan struggles to gain traction
▼ + stars: | 2023-01-17 | by ( Eva Mathews | ) www.reuters.com time to read: +4 min

REUTERS/Bing GuanJan 17 (Reuters) - Netflix Inc (NFLX.O) is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. market, which could pressure the company to pull back on content spending this year. "Given current interest rates, Netflix will have to be very selective about green-lighting content and how they would finance it." It returned to subscriber growth in the third quarter, but its stock, an investor favorite during its years of rapid growth, still ended the year with a drop of more than 50%. "As overall streaming growth flattens out, most of the more mature streaming platforms have leveled off as well," MoffettNathanson said, adding that Netflix's reach fell by 200 basis points in the quarter. Reuters GraphicsStill, some analysts believe that the ad-supported plan will pay off in the long run, especially in developing markets, where spending power is weaker.

☆ How WWE’s Vince McMahon ruthlessly got his job back despite allegations of sexual assault and misuse of company funds
▼ + stars: | 2023-01-14 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +12 min

WWE has always been a family business – Vince McMahon, Sr., handed over the reins to his son in the 1980s – and it seemed set to continue that way. Why was Vince McMahon stepping aside such a big deal? Vince McMahon was more akin to a king than a business executive in the world of WWE, his fingerprints on everything. Once considered a wrestling genius, critics have more recently come to consider Vince McMahon a creative liability. McMahon,” Vince McMahon’s devious on-screen character, who served as wrestling’s greatest heel for years in the late 1990s and early 2000s.

☆ WWE's smaller rival AEW interested in merger, sources say
▼ + stars: | 2023-01-12 | by ( Alex Sherman | ) www.cnbc.com time to read: +1 min

All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment , according to people familiar with the matter. The idea that Vince McMahon, the controlling shareholder of WWE, would merge his company with the much smaller AEW is a long shot. AEW hasn't had talks with McMahon or Nick Khan, the company's chief executive, said the people. It's unclear what type of job McMahon would want with WWE after a sale, but WWE is a much larger and more established organization than AEW. McMahon, who was worth more than $3 billion as of July, is also known as the primary creative force behind WWE's storylines.

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