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☆ UnitedHealth CEO tells lawmakers the company paid hackers a $22 million ransom
▼ + stars: | 2024-05-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +5 min

Change Healthcare provides payment, revenue management and other solutions like e-prescription software. UnitedHealth told CNBC in April that it paid a ransom to try and protect patient data. Its business unit Optum — which provides care to 103 million customers — and Change Healthcare — which touches one in three patient records — merged in 2022. Committee Chairman Sen. Ron Wyden, D-Ore., said in his opening remarks that the Change Healthcare breach serves as a "dire warning about the consequences of too-big-to-fail mega-corporations." Sen. Michael Bennet, D-Colo., pressed Witty to share how UnitedHealth is working to ensure something like the Change Healthcare breach will not happen again.

Persons: Andrew, UnitedHealth, Sen, Ron Wyden, Wyden, Thom Tillis, they're, Tillis, Blackcat, Michael Bennet Organizations: Senate, Capitol, U.S ., Finance, UnitedHealth, Healthcare, CNBC, U.S . Securities, Exchange Commission, U.S . Department of Justice Locations: Washington , DC

☆ Election Updates: Trump campaigns in battleground states for the first time since his trial began.
▼ + stars: | 2024-05-01 | by ( Chris Cameron | ) www.nytimes.com time to read: +6 min

The Louisiana secretary of state has ordered that the congressional map be finalized by May 15. Even so, they said, it was evident that creating a second district with a majority of Black voters was lawmakers’ overarching objective. But in the map drawn by the Republican-controlled Legislature, only one of the six congressional districts had a majority Black population. The ruling reaffirmed the Voting Rights Act of 1965, which had been diminished over the years by the court’s conservative majority. Critics of Tuesday’s ruling argued that the repercussions in Louisiana could extend beyond a single election, or even partisan divisions.

Persons: ”, Critics, Eric H, Holder Jr, Liz Murrill, “ I’ve, ’, David C, Joseph, Robert R, “, Carl E, Stewart, —, Tuesday’s, Ashley Shelton, Ms, Shelton Organizations: Black, U.S . Constitution, National Democratic, Republican, U.S, Supreme, . Constitution, State Legislature, Lawmakers, U.S ., Appeals, Fifth Circuit, American, Western, Western District of, Louisiana Legislature, voters, Power Coalition for Equity, Justice Locations: Louisiana, U.S ., ., Baton Rouge, Shreveport, Western District, Western District of Louisiana, Black, U.S

☆ Crater offers new clue near-Earth asteroid is really a piece of the moon, scientists say
▼ + stars: | 2024-05-01 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

The space rock, known as 2016 HO3, is a rare quasi-satellite — a type of near-Earth asteroid that orbits the sun but sticks close to our planet. Astronomers first discovered it in 2016 using the Pan-STARRS telescope, or Panoramic Survey Telescope and Rapid Response System, in Hawaii. Scientists call the asteroid Kamo’oalewa, a name derived from a Hawaiian creation chant that alludes to an offspring traveling on its own. Kamo’oalewa specimen: A connecting puzzle pieceStudying crater impacts on the moon can also help scientists better understand the consequences of asteroid impacts should a space rock pose a threat to Earth in the future. There’s no other place, no other planet in our solar system with a moon like our moon.

Persons: they’ve, Giordano Bruno, Yifei Jiao, ”, Erik Asphaug, Kamo’oalewa, “ You’d, Asphaug, ” Jiao, ” Asphaug, Renu Malhotra, China’s, Patrick Michel, Noah Petro, Artemis III, Petro, “, ” Petro, “ It’s Organizations: CNN, Survey Telescope, University of Arizona’s, Laboratory, Tsinghua University, University of, London, NASA, Arizona State University, University of Arizona, National Centre for Scientific Research, Reconnaissance, Artemis Locations: Hawaii, Beijing, “, France

☆ I make $58K a month on OnlyFans mostly from messaging people. Men come to me for a safe space to vent about their lives.
▼ + stars: | 2024-05-01 | by ( Ashley Couto | ) www.businessinsider.com time to read: +7 min

On days I don't post Instagram stories, I get over a hundred DMs. I posted a few pictures that were sexier than my Instagram content and started with messaging to ease in. I got a membership at a coworking space, where I spend at least eight hours a day on OnlyFans. AdvertisementMy top fans message me every day, and we have genuine conversationsThere are three types of people who spend money with me on OnlyFans. If I'm not spending time with family or friends or working out, I'm messaging my fans.

Persons: —, Emma Kanngiesser, it's, They'll, they'd, I've, I'm Organizations: Service, Business Locations: OnlyFans

☆ UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack
▼ + stars: | 2024-05-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

UnitedHealth Group CEO Andrew Witty on Wednesday told lawmakers that data from an estimated one-third of Americans could have been compromised in the cyberattack on its subsidiary Change Healthcare, and that the company paid a $22 million ransom to hackers. Witty testified in front of the Subcommittee on Oversight and Investigations, which falls under the House of Representatives' Committee on Energy and Commerce. UnitedHealth has previously said the cyberattack likely impacts a "substantial proportion of people in America," according to an April release. UnitedHealth disclosed that a cyberthreat actor breached part of Change Healthcare's information technology network late in February. Witty told both committees Wednesday that UnitedHealth now has MFA in place across all external-facing systems.

Persons: Andrew, UnitedHealth Organizations: UnitedHealth, Healthcare, Representatives, Energy, Commerce, U.S ., Finance Locations: America, bitcoin

☆ Amazon’s advertising revenue jumps 24% in first quarter
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Amazon reported 24% growth in its advertising unit on Tuesday, the latest sign that the digital ad market is continuing its rebound. Ad revenue climbed to $11.8 billion in the first quarter from $9.5 billion a year earlier. Amazon reported $143.3 billion in total revenue for the period, up 13% from a year ago. Alphabet followed on Thursday, reporting ad revenue for the first quarter of $61.66 billion, up 13% from the year prior, with YouTube ad revenue jumping 21% to $8.09 billion. Snap shares rocketed 28% on Friday after the company reported a 21% increase in revenue to $1.19 billion, the strongest growth in two years.

Organizations: Amazon, Meta, YouTube Locations: New York

☆ Tuesday's analyst calls: Nvidia to get a boost from new chip, Ralph Lauren poised to jump
▼ + stars: | 2024-04-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +9 min

Tuesday's analyst calls focused on red-hot tech giant Nvidia, which is seen as benefitting from the release of its new Blackwell chip, the GB200. 7:02 a.m.: Deutsche Bank sees 33% upside for Live Nation on strong fundamentals Strong fundamentals could spell further upside for shares of Live Nation Entertainment , according to Deutsche Bank. Soff also applauded the company for expanding into new add-on services, including providing upselling opportunities and selling advertising on the Live Nation app. Although a potential regulatory investigation could curtail the stock, Soff doesn't believe that Live Nation stock will ultimately take much damage. 6:03 a.m.: Jefferies initiates Ralph Lauren at a buy, sees momentum with younger consumers Ralph Lauren is shaping up to be a quality growth stock, according to Jefferies.

Persons: Blackwell, Jefferies, Ralph Lauren, Benjamin Soff's, Soff, shouldn't, — Lisa Kailai Han, Airbnb, James Lee, Lee's, headwinds, Brent Thrill, Ashley Helgans, Ralph Lauren's, Helgans, Taylor Swift, Timothy Acuri, Acuri, Hopper, — Lisa Kailai Han — CNBC's Michael Bloom Organizations: CNBC, Nvidia, UBS, Deutsche Bank, Nation, Live Nation Entertainment, Mizuho, Paris, tailwinds, Paris Olympics, Chegg, Blackwell, Microsoft, Oracle Locations: Europe

☆ Cyberattack on UnitedHealth firm forces doctors to dig into personal savings to stay afloat
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +19 min

Change Healthcare offers payment and revenue cycle management tools, and other solutions such as electronic prescription software. On Feb. 21, UnitedHealth Group , which owns Change Healthcare, discovered that hackers compromised part of the unit's information technology systems. UnitedHealth told CNBC earlier this month that there is "no evidence of any new cyber incident at Change Healthcare." It's just one of the ways Change Healthcare touches cash flow within the health-care sector. A controversial mergerSheldon Cooper | Sopa Images | Lightrocket | Getty ImagesUnitedHealth's ownership of Change Healthcare has raised eyebrows from the outset.

Persons: Omar Marques, Dr, Angeli Maun Akey, Akey, she's, UnitedHealth, I've, Andrew, Mike Bradley, Barbara McAneny, McAneny, Sarah Carlson, Carlson, Sheldon Cooper, Optum, Michael Nagle, Tyler Kisling, Kisling, he's, There's, it's, Purvi, Parikh hadn't, they've, Amit Phull, Phull, Igor Golovniov Organizations: Lightrocket, CNBC, Healthcare, UnitedHealth, U.S . Securities, Exchange Commission, Change, Inc, Bloomberg, Getty, U.S, American Medical Association, AMA, U.S . Department of Justice, DOJ, U.S . Department of Health, Human Services, Wall Street, New York Stock Exchange, Change Healthcare Locations: Gainesville , Florida, U.S, Minnetonka , Minnesota, UnitedHealth's, New Mexico, Boulder , Colorado, California, New York City, UnitedHealth

☆ Pinterest shares soar 18% on earnings beat, strong revenue growth
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Shares of Pinterest popped 18% in extended trading Tuesday after the company reported first-quarter results that beat analysts' estimates and showed its fastest revenue growth since 2021. Pinterest reported 518 global monthly active users (MAUs) for the first quarter, up 12% year over year. In its first-quarter release, Pinterest CEO Bill Ready said the company is driving greater returns for advertisers because of its investments in AI and shoppability. Meta , Snap and Google parent Alphabet all reported first-quarter results last week that exceeded analysts' estimates for revenue. For its second quarter, Pinterest expects to report revenue between $835 million and $850 million, which equates to growth of 18% to 20% year over year.

Persons: Pinterest, MAUs, StreetAccount, Bill Ready Organizations: Digital

☆ A woman hid her tattoos to get her corporate job, and thinks others should too
▼ + stars: | 2024-04-30 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. AdvertisementAshley Ketner works full-time in a corporate sales job where she proudly displays colorful tattoos on her arms, legs, back, and head. Speaking to Business Insider, Keter said she regularly gets new ink, as she believes her tattoos are a "personal art collection." "I obviously got the job based on my credentials, and very soon after being hired, my tattoos were on full display. While starting a conversation about tattoos with your employer could be intimidating for some people, it's worth noting that

Persons: —, Ashley Ketner, Keter, Ketner, she's, Meg Wright Ketner, it's Organizations: Service, Business Locations: North Carolina, New York City

☆ Bill Gates Is Still Pulling Strings at Microsoft, Overseeing AI Ideas
▼ + stars: | 2024-04-29 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

In fact, Business Insider has learned, Gates has been quietly orchestrating much of Microsoft's AI revolution from behind the scenes. The company, Nadella promised, would "continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward." According to two executives, Gates' memo treated as gospel, sparking Microsoft's push to take the lead in the AI arms race. Now, it seemed, OpenAI might offer Microsoft a way to help forge the AI future that Gates had long envisioned. According to two executives, Gates' words were treated as gospel, helping spark Microsoft's push to take the lead in the AI arms race.

Persons: Bill Gates, Satya Nadella, Gates, Siri, They're, Clippy, Copilot, That's, Sam Altman, — Gates, Satya, Nadella, Steve Ballmer, Peter Thiel bashed, Bill, Melinda, Jeffrey Epstein, Nadella's, Rather, OpenAI, Kevin Scott, Scott, Altman, you'll, OpenAI's, Bing —, Bing, Steve, Sam, Kayla Wood, Frank Shaw, Shaw, —, Charles Lamanna, Jaime Teevan, Jeff Teper, Charlie Bell —, He's, Forbes, Mustafa Suleyman, DeepMind, Bill G, Suleyman, aren't, hadn't, there's, Ashley Stewart Organizations: Microsoft, Agents, Business, Google, Wired, Street Journal, Rover, Steve Jobs, OpenAI, Amazon Web Services Locations: Tay, Gates, Clippy, Washington, Redmond , Washington, Seattle

☆ Seeking nominations for our inaugural list of sports betting's rising stars
▼ + stars: | 2024-04-29 | by ( Ashley Rodriguez | Tiara White | ) www.businessinsider.com time to read: +2 min

Business Insider is compiling its first list of rising stars in the US sports-betting industry. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWe're seeking nominations for our inaugural list of rising stars in the US sports-betting industry, and we want to hear from you. We're looking for early-to-mid-career staffers focused on the US market at operators, industry suppliers, or media companies in sports betting. Related storiesPlease submit your nominations here or through the form below by Monday, May 13, 2024, at 6 p.m.

Persons: —, we've, DraftKings, Jason Robins, Amy Howe, we're Organizations: Service Locations: North America

☆ As a single mom. I thought I had to be 'both parents' for my son. I finally realized we had everything we needed.
▼ + stars: | 2024-04-27 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +4 min

As a single mom, I didn't want my son to feel different from the other kids who lived with both of their parents or had siblings. In order to make sure my son was getting what I thought he needed, I set the parenting bar way too high for myself. I had never planned on being a single mom, and it took me a long time to accept my role. Related storiesI thought things would be easier with a partner, and for a little while, I wanted more children. AdvertisementI packed our schedule too muchI padded our schedule with events to shield us from loneliness, but in retrospect, my son didn't need that.

Persons: Ashley Archambault Organizations: Service, Business

☆ Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022
▼ + stars: | 2024-04-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Meta , Snap and Google all reported first-quarter results this week, with revenue growth that exceeded analysts estimates and at rates not seen in at least two years. The companies entered earnings season in a favorable position in that their numbers would be comparable to historically weak periods. Meta, which was the first in the group to report results, put some fears to rest on Wednesday, showing a 27% jump in first-quarter revenue to $36.5 billion. "When Meta was in its dark days two years ago, the company knew what they had to do to get back on track," analysts at Bernstein wrote in a note after the earnings report. Meta lost two-thirds of its value in 2022 and was forced to dramatically cut headcount.

Persons: Meta, Bernstein Organizations: Google, Meta, Facebook

A growing group of America's young people are not in school, not working, or not looking for work. They're called "disconnected youth" or "opportunity youth," and their ranks have been growing for nearly three decades. Experts say it's not just work and school; this group is often also disconnected from a sense of purpose. Palmer added that those with limited access to transportation, people with disabilities, and young parents were also more susceptible. Disconnected young people don't have that luxury."

Persons: —, Destiny, She's, she's, They're, Kristen Lewis, Lewis, hadn't, there's, Sen, Tim Kaine, who's, Joseph, he's, hasn't, he'd, Ashley Palmer, Palmer, Sarah Nunley, Nunley, Veronica, There's, Lucchesi, they're Organizations: Service, Business, Federal Reserve Bank of Dallas, Social Science Research Council, Survey, University of Minnesota's, National Center for Education Statistics, Walmart, Texas Christian University, Ivy League Locations: Florida, Alabama, Indiana, Silicon Valley, YOLO, Texas

☆ Ancient DNA pulls back curtain on mysterious empire
▼ + stars: | 2024-04-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Analysis of ancient DNA recovered from human remains has illuminated the traits and ancestry of historic individuals — be it a mummified iceman, Chinese emperor or legendary composer. The origins of the empire and its people remained obscure until a landmark April 2022 study found they hailed from the Mongolian steppe. Carolyn Kaster/APNaturalists have spotted the first arrivals in this spring’s historic cicada dual emergence. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.

Persons: It’s, Loki, Gerald Eichstädt, Thomas Thomopoulos, ”, Scott Bolton, Bolton, George Mallory, Andrew Irvine, Mallory, Ruth, Carolyn Kaster, haven’t, you’re, —, Ashley Strickland, Katie Hunt Organizations: CNN, of Archaeological Sciences, Eötvös Loránd University, Múzeum, NASA, Voyager, JPL, Caltech, Southwest Research Institute, Magdalene College , Cambridge, AP Naturalists, — Boeing, — Surgeons, Hubble, CNN Space, Science Locations: Rákóczifalva, Hungary, Central, Eastern Europe, Mount, United Kingdom, Macon , Georgia, South, Midwest

Snap shares surged 28% on Friday after the company surprised Wall Street by showing a profit and reported sales and user numbers that exceeded analysts' estimates. The company reported adjusted earnings per share of 3 cents, while analysts were expecting a 5-cent loss. Snap said adjusted EBITDA "exceeded our expectations" and was primarily driven by operating expense discipline, as well as accelerating revenue growth. Snap reported more than 9 million Snapchat+ subscribers for the period. For the second quarter, Snap expects to report revenue between $1.23 billion and $1.26 billion, up from the $1.22 billion expected by analysts, according to StreetAccount.

Persons: Derek Andersen, Evan Spiegel Organizations: Barker, Revenue, Snapchat, Meta Locations: Santa Monica , California

☆ Ashley Biden, in unsealed letter to judge, detailed ‘pain’ from diary theft
▼ + stars: | 2024-04-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Ashley Biden, the daughter of President Joe Biden, wrote a judge to say she would not attend the criminal sentencing earlier this month of the woman who stole her diary because "it would only increase my pain." The highly emotional letter was unsealed by U.S. District Judge Laura Taylor Swain more than three weeks after the judge sentenced Aimee Harris to one month in federal jail and three months of home detention. "My goal in asking Your Honor to impose a term of incarceration is to ensure that another woman isn't bullied and shamed like this ever again," Biden wrote. Biden also asked Swain to sentence the Florida resident to prison followed by a lengthy probation period, according to the letter unsealed Thursday in Manhattan federal court. Project Veritas did not publish the diary, but another right-wing outlet did, shortly before the 2020 presidential election, which Joe Biden won.

Persons: Ashley Biden, Joe Biden, Laura Taylor Swain, Aimee Harris, isn't, Biden, Harris, Swain, David McCaw, Robert Kurlander Organizations: U.S, The New York Times, Veritas, Project Veritas Locations: Angeles, Los Angeles, Florida, Manhattan

☆ New York Vowed to Shut Down Illegal Weed Shops. It Just Licensed One.
▼ + stars: | 2024-04-26 | by ( Ashley Southall | ) www.nytimes.com time to read: +1 min

A year after New York legalized marijuana for recreational use, a bright-green sign shaped like the plant’s leaf signaled the arrival of a dispensary called Budega on an industrial corner in Queens. The sleek shop, where customers purchase memberships for points that can be redeemed for weed, is one of thousands of illegal dispensaries that the state vowed to shut down. Their owners would be banned from the legal cannabis market, officials said. The situation exposes lapses in the vetting process, undercutting New York officials’ assurances that those who jumped the line to cash in on cannabis would not be rewarded over those who played by the rules. He owns Budega NYC, a clothing and lifestyle brand whose name he intended to use for his own dispensary.

Persons: Budega, “, ”, Alex Norman Organizations: New Locations: York, Queens, New York

☆ Ellen DeGeneres spoke about the 'devastating' end of her talk show. Here are all the celebs who have spoken out about their experiences with her.
▼ + stars: | 2024-04-26 | by ( Julie Gerstein | Palmer Haasch | ) www.businessinsider.com time to read: +25 min

"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.

Persons: Ellen Degeneres, DeGeneres, —, Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American

☆ Alphabet and Chipotle are among the most overbought names on Wall Street. Here are the others
▼ + stars: | 2024-04-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

CNBC Pro used its stock screener tool to identify the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are said to be overbought, indicating that shares might soon turn lower. On Thursday, the technology giant posted a first-quarter earnings and revenue beat as its Google Cloud and YouTube advertising revenue outpaced expectations. On the other hand, Ulta Beauty , with an RSI of 21, is one of the most oversold stocks on Wall Street. IBM stock slipped this week after the company posted better-than-expected first-quarter earnings but missed on revenue.

Persons: Jefferies, Ashley Helgans, J.B, Fred Imbert Organizations: Microsoft, CNBC Pro, Google, Hasbro, Hunt Transport Services, Tech, International, Machines, IBM

☆ Twilio cofounder Jeff Lawson appears to have just bought The Onion
▼ + stars: | 2024-04-25 | by ( Katherine Long | Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Satirical news website The Onion was sold to a company called Global Tetrahedron. Global Tetrahedron is also the name of a fictional evil megacorporation in a long-running Onion gag. But it's a real company, and Twilio founder Jeff Lawson appears to be behind it. AdvertisementJeff Lawson, the cofounder of cloud computing company Twilio, appears to have purchased the satirical news website The Onion from G/O Media. When asked whether he had purchased The Onion, Lawson played coy.

Persons: Jeff Lawson, —, Lawson, Jim Spanfeller, Katie Robertson, Spanfeller, coy, O Organizations: Service, O, New York Times Locations: San Francisco, Chicago

☆ Hubble image may contain evidence of stellar cannibalism in dumbbell-shaped nebula
▼ + stars: | 2024-04-25 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

The nebula, 3,400 light-years away in the Perseus constellation, is an expanding shell of gases kicked out by a dying red giant star. Before the aging red giant star collapsed, it released a ring of gas and dust. The companion star, once in orbit around the red giant, is nowhere to be seen in Hubble’s image. Since collapsing, the red giant star has transformed into a dead stellar remnant known as an ultra-dense white dwarf star. “The space telescope is the most scientifically productive space astrophysics mission in NASA history,” according to a NASA release.

Persons: Charles Messier, Pierre Méchain, Hubble, James Webb Organizations: CNN, Hubble, NASA

☆ Snap shares soar 25% as company beats on earnings, shows strong revenue growth
▼ + stars: | 2024-04-25 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

Snap reported first-quarter results on Thursday that beat analysts' estimates and showed a return to double-digit revenue growth. Adjusted EBITDA for the first quarter was $46 million, far surpassing the $68 million loss expected by analysts, according to StreetAccount. For its second quarter, Snap expects to report revenue between $1.23 billion and $1.26 billion, up from the $1.22 billion expected by analysts, according to StreetAccount. Snap said adjusted EBITDA will fall between $15 million and $45 million, compared to Wall Street's expectations of $15.5 million. The company expects to report around 431 million DAUs in its second quarter, up from the 430 million expected by StreetAccount.

Persons: Snap's, Snap Organizations: LSEG Revenue, LSEG, LSEG Global, Revenue, Snapchat, Meta, StreetAccount

☆ Meta to report first-quarter results after the bell
▼ + stars: | 2024-04-24 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Meta will report first-quarter results after the bell Wednesday. Revenue: $36.16 billion, according to LSEG. $36.16 billion, according to LSEG. Analysts expect Meta to report a 26% increase in revenue from $28.65 billion a year earlier. Analysts at Baird said in a Monday note that slower spending from China-based advertisers could be a source of concern in the first-quarter results.

Persons: Meta, Mark Zuckerberg, Zuckerberg, Susan Li, Baird Organizations: StreetAccount, Meta, Facebook Locations: LSEG, China

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