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The Dominion lawsuit was an embarrassment to Fox, airing text messages the company would rather have kept private. Tucker Carlson's departure is a huge surprise. Like a plot twist in "Succession," the departure of Tucker Carlson from Fox News is one we didn't see coming. The news of Carlson's departure almost immediately wiped close to $1 billion off of Fox Corporation's market capitalization. Upon confirmation that Carlson had left Fox, veteran media reporter Sarah Ellison simply wrote: "Incredible."
NBCU CEO Jeff Shell, Fox News' Tucker Carlson, and CNN's Don Lemon are all out. Shell's bombshell exit took many insiders by surprise, Insider's Claire Atkinson reported on Sunday. Fox News declined to comment beyond its press release saying it had agreed to "part ways" with Carlson. Media watchers had been primed for a Lemon exit for weeks. With all the news of the past 24 hours, media insiders have barely even gotten a chance to drill down into the second wave of layoffs at Disney, which will number in the thousands.
More than one third (35%) of the S & P 500 reports earnings next week — including megacaps Microsoft, Alphabet, Meta Platforms and Amazon — versus less than 12% in the week just ended and only 2% last week. So far this quarter, S & P 500 earnings are running 4.7% below the same period a year ago, Refinitiv data shows. Back then, the S & P 500 fell 19.4% from its April high to a low on October 3. Meanwhile, next week is the last full trading week before Wall Street's old adage to "sell in May and go away" takes hold. ET: FHFA Home Price index (February); S & P Case-Shiller home price indexes (February) 10:00 a.m.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFox settlement is still a significant hit to balance sheet: Puck founding partnerDylan Byers, founding partner at Puck, and Katie Robertson of The New York Times discuss Fox's $787.5 million settlement with Dominion over defamation claims. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Thousands of virtual brands continue to flood delivery apps like Uber Eats, DoorDash, and Grubhub. IHOP is launching a third delivery-only brand – a chicken menu by a "Stranger Things" star. Partnering with Noah Schnapp and Nextbite were a seamless fit to meet the consumer target for our newest Virtual Brand." Stranger Things star Noah Schnapp helped create a virtual chicken menu for IHOP. Nextbite's other celebrity-backed virtual brands include Packed Bowls by Wiz Khalifa and 'Wichcraft sandwiches by Tom Colicchio.
Private capital has been eyeing public health for years. Several founders and investors told me that the failure of Kleiner's fund made Silicon Valley wary of investing in pandemic preparedness. Venture investors love that kind of thing. Public health and private industryWhen COVID hit, Charity Dean was the assistant director of the California Department of Public Health. In the end, almost every pandemic-related product created by Silicon Valley will ultimately require the government as a primary customer.
Both Republican leaders have previously dressed in drag — based on their bills' definition of the word. The Tennessee bill does not include the term "drag" but suggests "male or female impersonators" as one type of entertainment that is "harmful to minors." Schatzline similarly responded on Twitter that his performance was not a "sexually explicit drag show." Yah, that's not a sexually explicit drag show… lol y'all will twist ANYTHING," he tweeted on Monday. Bella DuBalle, a Memphis-based drag queen, previously spoke to Insider about the Tennessee bill and the rise in legislation that associates drag performances with sexually explicit acts.
A new "Stranger Things" stage spinoff is coming to London's West End later this year, Netflix announced Wednesday. "Stranger Things: The First Shadow," an adaptation of the popular science fiction series, will premiere at the Phoenix Theatre as the streaming giant's first live stage production. Thorne also wrote the stage play for "Harry Potter and the Cursed Child." The "Stranger Things" series debuted in 2016 and has been one of the streaming platform's most popular shows. Tickets for "Stranger Things: The First Shadow" are expected to go on sale in the spring.
Vial's CEO asked workers to post positive Glassdoor reviews to counter negative ones, Insider found. In a month, 20 positive reviews for Vial flooded the site, raising its rating from one to 3.8 stars. On December 12, Simon Burns, a cofounder and the CEO of the healthtech startup Vial, sent a Slack message in his company's "random-kudos" channel. He included a link to Vial's Glassdoor page and asked other employees to "give her a hand, review us on Glassdoor." In earlier days at the startup, negative employee reviews on Glassdoor cited a toxic culture, a disconnected leadership team, and a lack of industry experience.
Vial let go of its entire site network division, 40 to 50 people, last October, Insider has learned. Just a month after the October cuts, the healthtech startup announced a $67 million funding round. Ahead of the deluge of tech layoffs that have plagued the beginning of 2023, one healthtech startup quietly slashed dozens of jobs late last year, Insider has learned. In October, Vial, which helps biotech companies run faster and more efficient trials, laid off an entire division. As of December 2022, Vial had 125 employees, according to Pitchbook.
Noah Schnapp, one of the young stars on Netflix's hit series "Stranger Things," came out on to the internet Thursday using a TikTok trend. Schnapp, 18, posted a video to his verified account featuring popular audio where people describe big life events that weren't "that serious." "When I finally told my friends and family I was gay after being scared in the closet for 18 years and all they said was 'we know,'" Schnapp wrote in the video. During the series' most recent season, fans speculated that Will's character was closeted because he appeared to be in love with his best friend, Mike Wheeler. Schnapp referenced his character in his coming out, writing in the TikTok caption that he was "more similar to Will" than he thought.
A video shows Washington Post staffers shouting at the company's CEO at a town hall meeting. Gowen said the video is from a colleague, and she took it from the Washington Post Guild's chat. At the town hall, Ryan said job cuts will probably be in the "single-digit percentage." The Washington Post Guild did not immediately respond to Insider's request for comment ahead of publication. "The Washington Post is evolving and transforming to put our business in the best position for future growth," Kathy Baird, chief communications officer at The Washington Post, said in a statement on Tuesday.
What would happen if the NCAA didn’t exist?
  + stars: | 2022-11-18 | by ( Chris Cillizza | ) edition.cnn.com   time to read: +4 min
CNN —This past weekend, fans flocked to college football stadiums around the country to cheer on their favorite teams. “And he ruled the NCAA with an iron fist out of Kansas City. Not long after, the NCAA voted to support an interim policy allowing college athletes to make money off of their name, image and likeness. But for the average college athlete playing at a mid-major Division I school, it doesn’t provide much in the way of cash. As ESPN’s Paul Finebaum told me, there are just too many people who care too much about their schools to let that happen.
Twitter is planning to require users to pay to keep their verification. When reports emerged that the Elon Musk-operated Twitter planned to require users to pay to keep their blue verification badges, a question blossomed in newsrooms: Would media companies front the bill for their reporters? One media company, however, would certainly cover the cost of Twitter verification: Puck. Musk wrote on Twitter last week that he planned to charge $8 per month for a "Twitter Blue" subscription that would include verification. Long considered Twitter power users, journalists make up a large contingent of verified users on the platform, along with celebrities, organizations, and brands.
Twitter is reportedly planning to require users to pay $20 a month to keep their verification. CNN is unlikely to pay for everyone, while Puck said doing so for its dozen writers was a no brainer. One media company, however, would certainly cover the cost of Twitter verification: Puck. "It's a negligible amount of money for most media companies, even the largest that employ thousands of journalists," Kelly said. Long considered Twitter power users, journalists make up a large contingent of verified users on the platform, along with celebrities, organizations, and brands.
Netflix has stopped production on upcoming animated show "Bad Crimes," from creator Nicole Silverberg. Nicole Byers and Lauren Lapkus were set to star in the show exec produced by "King of the Hill" creators Mike Judge and Greg Daniels. Just weeks after Netflix's adult animation division shifted to new leadership following the departure of executive Mike Moon, the streamer has scrapped dark comedy procedural "Bad Crimes," starring Nicole Byer and Lauren Lapkus. Created by "Full Frontal With Samantha Bee" writer Nicole Silverberg, the animated comedy also boasted backing from executive producers Mike Judge and Greg Daniels, the co-creators of "King of the Hill." A source close to Netflix said that "Bad Crimes" producers will be able to shop the series around to other studios and platforms and indicated that the streamer is still committed to developing adult animated comedy projects.
Netflix has stopped production on upcoming animated show "Bad Crimes," from creator Nicole Silverberg. Nicole Byers and Lauren Lapkus were set to star in the show exec produced by "King of the Hill" creators Mike Judge and Greg Daniels. Just weeks after Netflix's adult animation division shifted to new leadership following the departure of executive Mike Moon, the streamer has scrapped dark comedy procedural "Bad Crimes," starring Nicole Byer and Lauren Lapkus. Created by "Full Frontal With Samantha Bee" writer Nicole Silverberg, the animated comedy also boasted backing from executive producers Mike Judge and Greg Daniels, the co-creators of "King of the Hill." A source close to Netflix said that "Bad Crimes" producers will be able to shop the series around to other studios and platforms and indicated that the streamer is still committed to developing adult animated comedy projects.
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