DIRS.INFO The most relevant business & tech news

☆ Disney reports earnings before the bell Tuesday. Here's what Wall Street is watching
▼ + stars: | 2024-05-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Walt Disney puts its top-tier media dominance to the test when it reports results before the bell Tuesday. Wells Fargo's Steven Cahall upped his price target to $141 a share, suggesting upside of 24%. StreetAccount estimates call for 229.35 million subscribers across the business unit and nearly 155 million Disney+ subscribers. At its last earnings call in February, Disney said it expects between 5.5 million to 6 million added subscribers in the second quarter. He forecasts an additional 4 million subscribers each year.

Persons: Walt Disney, Nelson Peltz, Jessica Reif Ehrlich, David Karnovsky, Wells Fargo's Steven Cahall, Deutsche Bank's Bryan Kraft, Disney, Vijay Jayant, America's Ehrlich Organizations: Trian Partners, LSEG, Walt Disney, Bank of America, JPMorgan, Disney, Deutsche, DTC, Netflix, Bank Locations: F1Q

☆ Video: See the joke that appeared to upset Tom Brady during Netflix roast
▼ + stars: | 2024-05-06 | by ( Hazel Tang | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Jon Stewart says Biden is so old he 'shouldn't be president'
▼ + stars: | 2024-05-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Jon Stewart says Joe Biden, 81, is just too old to be president. AdvertisementA second Trump term may be frightening, but President Joe Biden is just too old to be reelected, says comedian Jon Stewart. "I know liberals say, 'Don't say Joe Biden is old' — don't say what people see with their own eyes," Stewart said of the 81-year-old president. Advertisement"I'm not saying that Biden can't contribute to society, he just shouldn't be president," Stewart told his audience. Representatives for Stewart, Biden, and Trump didn't immediately respond to requests for comment from BI sent outside regular business hours.

Persons: Jon Stewart, Joe Biden, Stewart, Biden, —, Trump, Donald Trump, that's, Biden's, hasn't, Trump's Organizations: Service, Trump, Netflix, Hollywood, Biden, Oval, MSNBC, BI, Politico

☆ Tom Brady told Jeff Ross off during his Netflix roast for making a massage joke about Patriots owner Robert Kraft
▼ + stars: | 2024-05-06 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

One of Jeff Ross' jokes during Tom Brady's Netflix roast didn't land well with the NFL champion. The joke referenced a 2019 prostitution scandal involving New England Patriots owner Robert Kraft. AdvertisementHe then blew a kiss towards Kraft, pointed at him, and said, "I love Robert Kraft." I love what you do for the Jews, Robert Kraft. "The Greatest Roast of All Time: Tom Brady" aired as part of the Netflix Is A Joke, the streamer's 12-day-long live comedy festival taking place in LA.

Persons: Jeff Ross, Tom Brady's, Robert Kraft, Brady, Ross, —, Tom Brady, Gisele Bündchen, Tom, Robert Kraft's, Kraft, Donald Trump, Jon Bon Jovi, Jamie Foxx, Kevin Hart, Bert Kreischer, Tom Segura, Nikki Glaser, Andrew Schulz, Tony Hinchcliffe, Sam Jay Organizations: NFL, New England Patriots, Service, Netflix, Famer, Hamptons Locations: England, New England, Florida, Qatar, LA

☆ Workday Has Become the Most-Hated Workplace, Business Software
▼ + stars: | 2024-05-06 | by ( Matt Alston | ) www.businessinsider.com time to read: +13 min

Every HR professional and hiring manager I spoke with — whose lives are supposedly made easier by Workday — described Workday with a sense of cosmic exasperation. "Workday does not have oversight or control of our customers' job application processes.") If candidates hate Workday, if employees hate Workday, if HR people and managers processing and assessing those candidates and employees through Workday hate Workday — if Workday is the most annoying part of so many workers' workdays — how is Workday everywhere? (Workday's "customers choose the frequency at which they conduct reviews, not Workday," said the spokesperson.) "HR software sucking" is a big tent.

Persons: you'd, Workday's, —, David Duffield, Teladoc, UKG, Cory Doctorow, It's, He'd, Matt Alston's, Stone Organizations: Fortune, Netflix, Goodwill, Spotify, Washington Post, Ohio State University, FedEx, Nintendo, Honda, LinkedIn, IBM, Oracle, Bank of America, Automation, Rippling, Systems, Facebook, Wired Locations: San Francisco, Amazon's, It's, Bonusly, Maine

☆ Tom Brady gets roasted by Rob Gronkowski, Kim Kardashian and more in Netflix’s ‘The Greatest Roast of All Time’
▼ + stars: | 2024-05-05 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +4 min

CNN —Tom Brady took some major hits by his former teammates, comedians and even Kim Kardashian during Netflix’s “The Greatest Roast of All Time” on Sunday. Boston-native and Brady fan Ben Affleck revealed that while the two were filming a Super Bowl spot, Brady asked the actor and director to look at his social media comments. #TomBradyRoast pic.twitter.com/Mp0mYZXdn3 — Netflix (@netflix) May 6, 2024Brady may have seen certain defeat on Sunday but his decades-long NFL career is nothing short of remarkable. He is also a five-time Super Bowl MVP and won three NFL MVP awards. At the end of the roast, Brady finally had the chance to defend himself, saying that people had asked him why he agreed to do the event.

Persons: Tom Brady, Kim Kardashian, Netflix’s, Kevin Hart, Gisele Bündchen, “ deflategate ”, Jeff Ross, Brady, Kardashian, “ I’d, I’d, ”, Ben Affleck, ” Affleck, ” Will Ferrell, Ron Burgundy, “, ” Brady, Rob Gronkwoski, Julian Edelman, Randy Moss, Drew Bledsoe, Bill Belichick, Peyton Manning, Robert Kraft, Gronkowski, Belichick, Bert Kreischer, Tom Segura, Nikki Glaser, Andrew Schulz, Tony Hinchcliffe, Sam Jay, Glaser, Tom, I’ve Organizations: CNN, Netflix, NFL, New England Patriots, Patriots, Sunday, Rings, Tampa Bay Buccaneers Locations: Boston, Denver, Louisiana

☆ British TV show host says 'people in the industry' know the identity of the sexual abuser portrayed in Netflix series 'Baby Reindeer'
▼ + stars: | 2024-05-05 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

The identity of the man who sexually assaulted Richard Gadd is known by "people in the industry." That's according to British TV host Richard Osman, who spoke about "Baby Reindeer" on his podcast. There's been rampant speculation about who inspired the abusive comedy writer named Darrien. In "Baby Reindeer," an established television writer named Darrien O' Connor (Tom Goodman-Hill) grooms and abuses Donny (Richard Gadd). In "Baby Reindeer," an established television writer named Darrien (Tom Goodman-Hill) grooms and abuses Donny (Richard Gadd).

Persons: Richard Gadd, Richard Osman, There's, —, Donny Dunn, Martha, Gadd, Darrien O, Connor, Tom Goodman, Hill, Donny, Marina Hyde, Osman, Darrien, Netflix Osman, hasn't, Tony, Sean Foley, who's, he's, Instagram Foley Organizations: Service, Netflix, Local, Guardian Locations: British, Scottish, Darrien, Edinburgh

☆ Kevin Spacey Responds to Claims of Sexual Assault by 9 New Victims
▼ + stars: | 2024-05-05 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

Read previewKevin Spacey has addressed new allegations of sexual assault brought to light in a documentary set to air in the UK. In a 98-minute interview with British journalist Dan Wootton, posted to X on Friday, Spacey commented on the claims made in the documentary. For others, including claims by actors Ruari Cannon and Danny De Lillo, who have waived their anonymity to give interviews about their experiences with Spacey to publications this weekend, Spacey denied any wrongdoing. A representative for Spacey did not respond to a request for comment from Business Insider sent outside regular working hours. AdvertisementThe following year, a London court found Spacey not guilty on nine charges, including sexual assault, which were alleged to have been committed between 2001 and 2013 against four men.

Persons: —, Kevin Spacey, Spacey, Ryan, Dan Wootton, who's, “ I’ve, ”, Oscar, — Dan Wootton, it's, Ruari Cannon, Danny De Lillo, Melinda Sue Gordon, Lillo, Cannon, Anthony Rapp Organizations: Service, Hollywood, Business, Channel, ID, British, London's Old, Business Insider Locations: British, @danwootton, New York, London

☆ Opinion: What people don’t understand about being bisexual
▼ + stars: | 2024-05-04 | by ( Opinion Natalie Schriefer | ) edition.cnn.com time to read: +6 min

CNN —In her 2024 Netflix special “Have It All,” stand-up comedian Taylor Tomlinson has a bit about coming out as bisexual. It can sour otherwise happy events, such as Pride Month in June or Bi Visibility Day in September. I attended my first Pride events, ranging from campus events in 2014 to local parades in 2019, as the straight person I was pretending to be. I continued second-guessing myself, so much so that I could hardly enjoy Pride events. It’s the piece I was missing at my early Pride events, when I was too busy quantifying my behavior and assuming I came up short.

Persons: Natalie Schriefer, CNN —, Taylor Tomlinson, someone’s, ’ ”, Tomlinson, ” Natalie Schriefer, Natalie Schriefer It’s, Hugh Jackman, she’s, —, Privately, unworthiness, Margot Robbie Organizations: CNN, Netflix, Rights, Bisexual Resource, Connecticut Gay, American, of, Twitter, Facebook Locations: Pride, bi.org, U.S

☆ New mission could reveal secrets of the moon’s ‘hidden side’
▼ + stars: | 2024-05-04 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

In one lunar region, Japan’s “Moon Sniper” mission has beaten the odds and survived three long, frigid lunar nights since its sideways landing on January 19. The Tianwen-2 mission will visit the space rock later this decade. But first, China has set its sights on returning to the moon’s “hidden side.”An illustration depicts the far side of the moon, with Earth behind it. Since the Chang’e 4 mission in 2019, China remains the only country to have landed on the moon’s far side, sometimes called the “dark side” of the moon. Scientists hope that returning samples from the far side could solve some of the biggest remaining lunar mysteries, including the moon’s true origin.

Persons: Graziano Ranocchia, Ranocchia, Plato, Emma Pomeroy, “ She’s, ”, Pomeroy, Armas Rakus, Suni Williams, Butch Wilmore, Kevin Bacon, Ashley Strickland, Katie Hunt Organizations: CNN, Engineers, Japan Aerospace Exploration Agency, NASA, Apollo, Platonic Academy of Athens, University of Pisa, Netflix, University of Cambridge, Norton Disney, Archaeology Group, Roman, International Space, CNN Space, Science Locations: China, Kurdistan, Gunung Leuser, South Aceh, Indonesia, Morocco

☆ 'Baby Reindeer' creator Richard Gadd questioned by producers after dating actor who auditioned for the show, reports say
▼ + stars: | 2024-05-04 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

While Lyons did not disclose the person or show in her X posts, Deadline reported that it had verified that she was indeed referring to Gadd and "Baby Reindeer." AdvertisementAccording to Deadline, Gadd had not disclosed his relationship with Lyons at the time. Metro has reported that it was Lyons' X thread — posted on April 16, five days after "Baby Reindeer" was released — that led to Gadd being questioned by producers at Clerkenwell Film. The role of Donny's (Richard Gadd) girlfriend, Teri, in "Baby Reindeer" went to Nava Mau. According to Deadline, Gadd and Lyons went on four dates between October and November 2021 before Gadd ended the relationship in December.

Persons: —, Richard Gadd, Teri, Nava, Gadd, Reece Lyons, Lyons, ava, ong, egan Organizations: Service, Netflix, Business Locations: Scottish, Nava Mau, British, penly

☆ Insider Today: My home-renovation nightmare
▼ + stars: | 2024-05-04 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

This post originally appeared in the Insider Today newsletter. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda:But first: Get in, we're going to the Met Gala. An aerial shot shows Jared Leto on the red carpet at the 2023 Met Gala.

Persons: —, Jared Leto, Neilson Barnard, MG23, Anna Wintour, Bunny, Jennifer Lopez, Chris Hemsworth, Shou Zi Chew, I'm, Yulia Reznikov, everyone's, Morimoto, Chris Burnett, hasn't, they're, Tyler Le, Anne Hathaway's sizzling, Jerry Seinfeld Organizations: Business, Service, Disney, Victoria & Alberts, Metropolitan Museum, Art's Costume, Vogue, Costume Institute, Social, BI, HGTV, Netflix Locations: Epcot, Victoria, Scottsdale , Arizona, Scottsdale Scottsdale , Arizona, Scottsdale, Michigan

☆ Michael Showalter on 'the Idea of You' Controversial Ending, 'Wet Hot'
▼ + stars: | 2024-05-04 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +12 min

Michael Showalter kept acting long after he realized he didn't want to do it anymore — mostly because he needed to eat. Showalter got his start in college doing sketch comedy as a member of The State (formerly The New Group). Fast forward roughly two decades and Showalter has found himself right where he was always meant to be. But as I grew older, it was a combination of I wasn't getting cast in things, but I also wasn't really needing to get cast in things. Is there any one moment where you realized acting wasn't what you loved doing?

Persons: Michael Showalter, Showalter, Michael Ian Black, Joe Lo Truglio, Thomas Lennon, Ken Marino —, he'd, didn't, wasn't, Baxter, he's, Sally Field, Kumail Nanjiani, Zoe Kazan, Oscar, Nanjiani, Jessica Chastain, Tammy Faye, Elizabeth Holmes, Amanda Seyfried, Holmes, Jennifer Westfeldt, Lee's, Anne Hathaway, Reid Scott, Ella Rubin, Nicholas Galitzine, Claudette Godfrey, Daniel Boczarski, You've, you've, … It's, Ivanov, Kevin Kline, I'm, Adam Jason Finmann, gee, Hayes, Alisha Wetherill, Nicholas, Nick, Cathy Schulman, He's, It's, Anne, Bernie Telsey, Maria Organizations: The, Business, MTV, Globe, BI, SXSW, Knitting Factory, Amazon, Netflix Locations: New Jersey, Austin, Hollywood , California

☆ 'The Circle' used an AI player to create a bot witch hunt — and soon, we might all be defending our humanity online too
▼ + stars: | 2024-05-04 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +6 min

Max is the first AI contestant on "The Circle" — he's literally a chatbot. Max is pretty boring, but having an AI in the game turned it into a robot witch hunt. But bringing an AI player into the mix reflects some of the future online trials we're likely to face — and some that are already happening. Netflix"The Circle's" AI player is Max, a chatbot masquerading as a 26-year-old veterinary intern from Wisconsin who describes himself as an "animal whisperer with a knack for making bad pottery, no cap." AdvertisementMaybe the funniest part about Max is that they gave him his own apartment, complete with throw pillows of his human face.

Persons: Max, —, Asimov, Lauren doesn't, He's, Griffin James, who's, Pippa, Steffi, Stephanie, Hill, OpenAI, Alistair Barr, Katie Notopoulos, I'm, Myles Organizations: Service, Netflix, Washington Post Locations: British, Wisconsin

☆ Hasan Minhaj jokes that losing 'The Daily Show' hosting gig paved the way for bringing back Jon Stewart: 'I saved a dying institution'
▼ + stars: | 2024-05-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

Hasan Minhaj was a frontrunner for the "Daily Show" hosting gig after Trevor Noah left. In the wake of a New Yorker story that fact-checked his stand-up, Minhaj didn't get the job. He joked that his not getting the gig paved the way for Jon Stewart to bring back the show's ratings. Minhaj joked that losing the gig paved the way for the late-night show's resurgence, according to Variety. Onstage at the comedy festival Thursday, Minhaj bantered with "The Daily Show" correspondent Ronny Chieng about losing the job.

Persons: Hasan Minhaj, Trevor Noah, Minhaj didn't, Jon Stewart, —, Minhaj, Roy Wood Jr, Mike Birbiglia's, Stewart, Ronny Chieng, Chieng, I'm Organizations: Yorker, Service, Netflix, Variety, Central Locations: Los Angeles, Yorker

☆ Final Trades: Netflix, Home Depot and IYM
▼ + stars: | 2024-05-03 | 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 EmailFinal Trades: Netflix, Home Depot and IYMThe Investment Committee gives you their top stocks to watch for the second half.

Organizations: Netflix, Investment

☆ Tyler Stanaland and Alex Hall continue playing will-they-won't-they in 'Selling the OC' season 3 — and right now, it looks like they won't
▼ + stars: | 2024-05-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +8 min

Over the course of the season, Tyler and Hall have multiple discussions about their relationship and at least one steamy kiss. Here's everything we know about whether Tyler and Hall are dating after "Selling the OC" season three. AdvertisementTyler and Hall's sexual tension ramped up on 'Selling the OC' season 2Tyler Stanaland and Alex Hall on "Selling the OC." Season 3 is filled with more indecisionAlex Hall and Tyler Stanaland continue to test the waters of a relationship on "Selling the OC" season 3. Tyler Stanaland and Alex Hall on "Selling the OC."

Persons: —, Tyler Stanaland, Alex Hall, Tyler's, Brittany Snow, Tyler, Terence Patrick, Gio Helou, Hall, Brandi Marshall, Polly Brindle, Polly, wouldn't, costars, Hall's, he's, flakiness, doesn't, it's, Tudum Organizations: Service, Group, Business, Hall, Netflix, Oppenheim Locations: Cabo, Fiji, Australia, San Diego, Nashville, Vegas, London, Italy

☆ Tiffany Haddish said she got so much hate that she made a fake Instagram, hunted down her trolls, and confronted them
▼ + stars: | 2024-05-03 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +2 min

Tiffany Haddish described taking revenge on people trolling her online. The actor and comedian said she used a fake profile to hunt down where mean comments came from. AdvertisementTiffany Haddish said she got so much hate online that she used a fake Instagram profile to hunt down her trolls, and even called some of them directly. Speaking to The LA Times, Haddish said she decided to fight back, creating a fake Instagram profile under the name "Sarah," to track her haters down. A lot of the comments called the star "pedo" and "not funny."

Persons: Tiffany Haddish, —, Haddish, Sarah Organizations: Service, Netflix, Daily Beast, LA Times, Times Locations: Los Angeles, Malaysia, Iran

☆ Critics have panned Jerry Seinfeld's 'Unfrosted.' One called it 'one of the worst films of the decade.'
▼ + stars: | 2024-05-03 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

One critic described it as "one of the worst films of the decade ." Peter Bradshaw, The Guardian film critic, said the film was "amiable and funny." Richard Roeper, the Chicago Sun Times entertainment columnist, wrote that the film was "one of the worst films of the decade so far." William Bibbiani, a critic for The Wrap, began his review with: "Jerry Seinfeld's new comedy 'Unfrosted' is an impressive film. Tim Robey, The Telegraph film critic, described his viewing experience as "trapped in a writers' room full of stale air."

Persons: Drew Tarver, Mikey Day, Kyle Mooney, Andy Daly, Isaiah Lamb, John P, Johnson, Peter Bradshaw, Richard Roeper, William Bibbiani, Jerry Seinfeld's, It's, it's, Tim Robey Organizations: Netflix, Guardian, Chicago Sun Times, The Telegraph

☆ Peloton cuts jobs and is looking for a new CEO after its turnaround plan spins out
▼ + stars: | 2024-05-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Peloton CEO Barry McCarthy is leaving his role, and the company is cutting about 15% of its workforce as numerous attempts to regain its pandemic-era glory have failed. McCarthy, who was named CEO just two years ago, will become a strategic advisor through the end of the year, Peloton said in a press release. In his place, Peloton has started a “comprehensive search process” for his replacement and two executives will become interim co-CEOs in the meantime. Peloton also announced that it’s eliminating 400 jobs, which will help the company cut $200 million in costs. McCarthy, a former chief financial officer of Spotify and Netflix, tried to engineer a number of ideas to turn around Peloton.

Persons: Barry McCarthy, McCarthy, Lululemon Organizations: New, New York CNN, Spotify, Netflix, Consumer Product Safety, Sporting Goods Locations: New York

☆ Netflix's 'The Asunta Case' is a true story. Here's what happened to the couple who killed their adopted 12-year-old daughter.
▼ + stars: | 2024-05-02 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Asunta Basterra Porto's adoptive parents killed her in 2013 when she was 12. Alfonso Basterra and Rosario Porto were found guilty of killing their daughter in 2016. AdvertisementA couple who murdered their 12-year-old daughter years after adopting her is the focus of the new Netflix series: "The Asunta Case." Rosario Porto (Candela Peña), a lawyer, and journalist Alfonso Basterra (Tristán Ulloa), adopted Asunta Basterra Porto from China in 2001 and took her back to Spain. This story is available exclusively to Business Insider subscribers.

Persons: Asunta Basterra, Alfonso Basterra, Rosario Porto, —, Tristán Ulloa Organizations: Rosario, Netflix, Service, Basterra, Business Locations: Basterra Porto, China, Spain, Spanish, Santiago de Compostela

☆ Email startup Beehiiv just raised $33 million to build a big ad business and differentiate itself from rival Substack
▼ + stars: | 2024-05-02 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The firm closed a $33 million round of Series B funding, with the bulk of the money going toward building out its advertising business, CEO Tyler Denk told Business Insider. With the new round of funding, Beehiiv hopes to make $5 million from ads in 2024, he said. AdvertisementBeehiiv acquired the email ad platform Swapstack and launched its ad network that places ads in newsletters during the third quarter of 2023. Beehiiv's Denk said that Beehiiv has a "difference in philosophy" on ads than Substack does.

Persons: —, Tyler Denk, Beehiiv, Denk, Boston Globe Media's, Beehiiv's cofounders, Substack, Jesse Singal, Beehiiv's Denk Organizations: Service, Business, NEA, Sapphire, Lightspeed Venture Partners, Boston Globe, Morning, Netflix

☆ Peloton Chief Executive Steps Down as Company Cuts 15% of Staff
▼ + stars: | 2024-05-02 | by ( J. Edward Moreno | More About J. Edward Moreno | ) www.nytimes.com time to read: +1 min

Peloton said on Thursday that its chief executive, Barry McCarthy, was stepping down and it would lay off more workers, as it continued to struggle in the fitness market. The connected-fitness company announced disappointing quarterly earnings on Thursday, with revenue down 4 percent from last year. The company, which has not turned a profit since December 2020, is also looking to refinance more than $1 billion in debt. Peloton had a spectacular rise at the start of the pandemic, when gyms and fitness centers closed and consumers were hungry for at-home workout options. But after gyms reopened, Peloton began to face stiffer competition from companies like Bowflex and Lululemon.

Persons: Barry McCarthy, Kevin Dietsch Organizations: Spotify, Netflix

☆ Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
▼ + stars: | 2024-05-02 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

In a letter to staff, McCarthy said the company needed to implement layoffs because it wouldn't be able to generate sustainable free cash flow with its current cost structure. "Achieving positive [free cash flow] makes Peloton a more attractive borrower, which is important as the company turns its attention to the necessary task of successfully refinancing its debt," McCarthy said in the memo. McCarthy had also expected Peloton to reach positive free cash flow by June — a goal the company said it reached early during its third quarter. In a letter to shareholders, Peloton said it generated $8.6 million in free cash flow but it's unclear how sustainable that number is. The company didn't provide specific guidance on what investors can expect with free cash flow in the quarters ahead but said it does expect to "deliver modest positive free cash flow" in its current quarter.

Persons: Barry McCarthy, McCarthy, Karen Boone, Chris Bruzzo, Jay Hoag, It's, John Foley, hasn't, Goldman Sachs, Boone, Barry, Bruzzo, —, hadn't, Creditsafe, it's, Foley Organizations: Interactive, Allen & Company Sun Valley Conference, Spotify, Netflix, JPMorgan, LSEG, outperformance, CNBC Locations: Sun Valley , Idaho, lockstep

☆ ‘The Tattooist of Auschwitz’ review: Harvey Keitel stars in a love story set in the darkest of times
▼ + stars: | 2024-05-02 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

Jumping around in time, this British production captures the horror of that experience while finding notes of grace in its narrator’s survival. That’s in part because this six-part series is at its core a love story, unfolding under the most horrible of circumstances. Harvey Keitel as the older Lali Sokolov in "The Tattooist of Auschwitz." Martin Mlaka/Sky UK“I haven’t got long,” Lali tells her, fueling her commitment to ensure his story gets told. “The Tattooist of Auschwitz” premieres May 2 on Peacock.

Persons: Harvey Keitel, Lale Sokolov, Jonah Hauer, King, Anna Próchniak, “, Gita, Lali, Heather Morris, Melanie Lynskey, Lali Sokolov, Martin Mlaka, haven’t, ”, Barbra Streisand, Sokolov Organizations: CNN Locations: Auschwitz

Search resuls for: "Netflix"

25 mentions found