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☆ Lightning Round: DraftKings is the one to buy in the sports betting space, says Jim Cramer
▼ + stars: | 2024-05-16 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: DraftKings is the one to buy in the sports betting space, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Accenture, Ouster, Vistra, PG&E, DraftKings, MP Materials, and Boston Scientific.

Persons: Jim Cramer, Vistra Organizations: Accenture, Boston Scientific Locations: DraftKings

☆ ValueAct reveals stake in Fanduel-parent Flutter Entertainment
▼ + stars: | 2024-05-16 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

ValueAct Capital on Wednesday unveiled a stake in Flutter Entertainment , the Dublin-based parent company of sports betting firm Fanduel. It is possible that ValueAct previously had some other exposure to Flutter. The hedge fund previously had a position in The Stars Group, which was acquired by Flutter in 2020. While the ValueAct stake in Flutter is small, Gordon Haskett analyst Don Bilson pointed out in a note to clients that UBS also reported a stake in the gaming company. UBS has previously worked with ValueAct to build stakes in individual stocks for the hedge fund, Bilson said.

Persons: Mason Morfit, ValueAct, Walt Disney, Gordon Haskett, Don Bilson, Bilson Organizations: Capital, Walt, Securities and Exchange Commission, Stars, UBS, New York Stock Exchange, NYSE, Seagate Technology Holdings, Paycom Locations: Dublin, ValueAct

☆ Billionaire real estate investor Frank McCourt wants to buy TikTok — but he's not interested in the algorithm
▼ + stars: | 2024-05-16 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewReal estate mogul Frank McCourt is the latest person to raise his hand to try to acquire TikTok's US business. Related stories"We thought this was a really fantastic opportunity to accelerate the creation of an alternative internet," McCourt told the Associated Press. McCourt wants to change TikTok's basic business to an open-source model that allows users and creators more control over their data. McCourt told the New York Times that he doesn't want the algorithm. "We doubt very much that China would sell TikTok with the algorithm," McCourt told the Times.

Persons: —, Frank McCourt, McCourt, Kirkland, Ellis, TikTok, Forbes, Tim Berners, Lee, TikTok . McCourt, Eric Schmidt, Steven Mnuchin, he's Organizations: Service, Guggenheim Securities, Business, Associated Press, Liberty, Los Angeles Dodgers, Big Tech, New York Times, Times Locations: China

☆ 3 tricks legacy media companies can learn from social-video platforms, per a new Accenture report
▼ + stars: | 2024-05-16 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

Read previewTraditional media and entertainment companies must undergo "radical levels of reinvention," John Peters, Accenture's lead for media and entertainment clients, told Business Insider. Traditional media companies, like live broadcasting or linear channels, are "seeing viewership migrate away from their platforms," Peters said. Advertisement"They're increasingly moving to social media and social video platforms and video games," Peters said. Here are three things that traditional media companies can learn from social media giants, per the Accenture report. AdvertisementPeters also pointed to events like the annual Academy Awards or live sports as opportunities for media companies to use UGC.

Persons: —, John Peters, Accenture's, Peters, Goldman Sachs, Nikki Mendonca, Mendonca, Elon Organizations: Service, Accenture, Business, Media Industry, Netflix, Hulu, WARC Media, Meta, Media, UGC, Apple, Google, Spotify, Disney Locations: North America, Europe, Asia, America

☆ Opinion: Tom Brady’s roast realization came too late
▼ + stars: | 2024-05-16 | by ( Opinion Kara Alaimo | ) edition.cnn.com time to read: +5 min

But a number of the jokes touched on his divorce from his ex-wife, Gisele Bündchen, with whom Brady shares two kids, Benjamin, 14, and Vivian, 11. It’s hard to believe that, with so many years of experience with both parenthood and global stardom, Brady didn’t foresee that appearing on “The Greatest Roast” would essentially be accepting an invite to have his family skewered. He’s serving as an executive producer of “The Greatest Roast” series, so he clearly stood to benefit from the attention his episode received. Everyone — but especially an executive producer of this very series about roasting people — knows that few topics are off limits in a roast. Maybe he really didn’t see coming how hard this would be on his kids.

Persons: Kara Alaimo, Tom Brady, didn’t, Brady, Kevin Hart, Gisele Bündchen, Benjamin, Vivian, “, ” Brady, ”, Jeff Ross, Robert Kraft, Ross, he’d, Brady didn’t, It’s, Catherine, Princess of Wales, Facebook Brady, He’s, Rob Gronkowski, David Ortiz Organizations: Fairleigh Dickinson University, Women, Press, Facebook, CNN, Netflix, New England Patriots, Twitter Locations: ”

☆ Netflix is rebuilding the cable bundle, but there’s one conspicuous topic it is avoiding
▼ + stars: | 2024-05-16 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —Netflix is rebuilding the cable bundle, sans one important ingredient: news. The company, having blown up the decades-old linear television business and ushered in the costly and destabilizing era of streaming, is inching closer and closer to resembling the entertainment behemoths of yesteryear. Netflix has shown little-to-no interest in investing in either live-news or pre-taped programming (a la, a show akin to “Vice News Tonight” or “60 Minutes”). Rebuilding the traditional cable package without news is akin to putting together a meal that includes steak, potatoes and ice cream, but not the broccoli. The vegetables might not be the tastiest, most popular item on the menu, but neglecting them would not be healthy.

Persons: Tom Brady, John Mulaney’s “, “, Bela Bajaria, ”, — Organizations: New York CNN, Netflix, NFL, WWE, Meta, Republicans, Journalists, Warner Bros, Discovery, CNN, Comcast, NBC, Disney, ABC News, Paramount, CBS, SPAN Locations: New York

☆ Raccoon, chased by staff with trash cans, storms pitch during soccer game
▼ + stars: | 2024-05-16 | by ( Amy Woodyatt | Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —A furry pitch invader paused Major League Soccer play on Wednesday as a rogue raccoon ran onto the field during a match between the Philadelphia Union and New York City FC. The athletic critter ran the length of the pitch at Subaru Park in Chester, Pennsylvania, deftly evading capture while sprinting stadium staff tried to apprehend it using a trash can. “We need to find him a ball because he’s moving very well in the center of midfield,” a commentator quipped during the kerfuffle, adding that it was “entertainment of its own kind.”Raquinho the raccoon was eventually captured and later released. Eric Hartline/USA TODAY Sports/ReutersThe match was paused for five minutes as crews tried and eventually succeeded in capturing the animal, dubbed “Raquinha the Raccoon” by MLS. The Union sent out an update saying that the raccoon was “put in good hands” and was safely released.

Persons: ”, Eric Hartline, “, NYCFC, Alonso Martínez, Hannes Wolf Organizations: CNN, Major League Soccer, Philadelphia Union, New York City FC, Subaru, Reuters, MLS, The Union Locations: Chester , Pennsylvania

☆ 5 secrets to moving better and preventing avoidable injury
▼ + stars: | 2024-05-16 | by ( Dana Santas | ) edition.cnn.com time to read: +8 min

Even the most basic of human movement patterns — walking — can land you in the emergency room due to tripping or losing balance. Read on for five essential strategies to correct improper movement patterns, enhance movement quality and minimize your risk of injury. Understanding what constitutes right and wrong movement is crucial in preventing injury. Include strength training in your workoutsRegular strength training builds more than muscle; it also increases bone density, joint stability, endurance, metabolism and overall durability. Remember, injury prevention begins with understanding proper movement mechanics and consistently practicing functional movement patterns.

Persons: Dana Santas, Aaron Lockwood Organizations: Pain, CNN, US Centers for Disease Control, Lockwood, CNN’s

☆ The NBA is picking its next TV partners — and a deal hinges on Warner Bros. Discovery's next move
▼ + stars: | 2024-05-16 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

The league ended its exclusive window to renew a deal with its two current media partners, Disney and Warner Bros. Warner Bros. Warner Bros. Warner Bros. Warner Bros.

Persons: Adam Silver, it's, NBCUniversal, NBCUniversal's, Warner, David Zaslav, — Organizations: National Basketball Association, Warner Bros, Turner Sports, Comcast, CNBC, Disney, NBA, Discovery, Warner Bros . Discovery Locations: Cleveland , Ohio

☆ A video shows an airport worker falling out of an Airbus A320 when someone moved the airstairs — highlighting a lapse in following safety rules
▼ + stars: | 2024-05-16 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

An airport worker fell out of an Airbus A320 in Indonesia. A video of the incident shows staff breaking safety rules by removing the airstairs with the door open. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA video shows the frightening moment an airport worker fell out of an Airbus A320. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Airbus, Service, Transnusa, Business Locations: Indonesia

☆ The church of Warren Buffett: Why thousands of investors flock to Omaha to be near the investing genius
▼ + stars: | 2024-05-16 | by ( Ryan Ermey | ) www.cnbc.com time to read: +10 min

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. A shopping extravaganzaFor many shareholders, the annual meeting is less about buy-and-hold investing and more about, well, buying. Judith Lieber clutches were among the items on sale at Borsheim's in Omaha, Nebraska. The CHI Health Center before the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, Nebraska on May 3rd, 2024.

Persons: Warren Buffett, Berkshire Hathaway, Buffett, Charlie Munger, I've, I'd, Borsheim's, Judith Lieber, Ryan Ermey, Diane Cunningham Redden, —, Clayton, Brooks, Sarah Min, who'd, She'd, they'd, James Eddins, Greg Abel, Carol Loomis, David A, Charlie, Guy Spier, Spier, Charlie Munger's, Doerthe Obert, Martin Organizations: Berkshire, Berkshire —, Oracle, CNBC, Nebraska Furniture Mart, IWC, CHI, Buffett, Squishmallows, Berkshire Hathaway, CHI Health, Apple, Harlem Globetrotters, Grogen, Aquamarine Fund, Grogan Locations: Omaha , Nebraska, Berkshire, England, Woodstock, Omaha, Geico, Nebraska, Borsheim's, China, Australia, Cincinnati , Ohio, Diane Cunningham Redden Cincinnati , Ohio, Columbus , Nebraska, Fairhope , Alabama, Zurich

☆ How one rising Miami VC raised more money for his first fund. Other emerging investors haven't been so lucky.
▼ + stars: | 2024-05-16 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +7 min

Evans is the founder of Exceptional Capital, which launched in 2022 among the many emerging VC firms that sprouted during the fundraising boom years. Before pursuing a life in venture capital and tech, Evans hoped to make it to the NFL as a linebacker at the University of Michigan. And then in 2022, Evans decided to launch Exceptional Capital and invest as a solo VC. Exceptional CapitalBecause he's been able to increase the size of his fund, Evans has been able to expand his team. "I could see that for Marell as well, just his work with Exceptional Capital and kind of his determination there."

Persons: —, Marell Evans, Evans, he's, Dave Brandon, Brandon, Ben Horowitz, Andreessen Horowitz, Horowitz, A16z, Okta, Owen Van Natta, Hustling, Melissa Morano Aurigemma, Graham Stoddard, Andrew Van Nest, I've, Cody Coleman, Coleman, what's Organizations: Service, Exceptional, Business, NFL, University of Michigan, NCAA, IBM, Facebook, Vision, SV Angel, A16z, Exceptional Capital Locations: Miami, Michigan, San Francisco, Okta, Silicon Valley, SoftBank, —, Bessemer

☆ Meet a couple with 5 kids who are barely making it despite working 4 jobs: 'It shocks me that $100k feels like poverty'
▼ + stars: | 2024-05-16 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

April Schultz, 40, and her husband Kevin, 45, bring in $130,000 a year in gross income combined between their four jobs and side gigs. Still, Schultz said it shocks her that such an income "feels like poverty." "We shouldn't have to have four jobs in one family," Schultz said. She said that while there are job opportunities in her area, most don't pay enough for the area's cost of living. They both anticipate downsizing once their kids have moved out and relocating to a more rural and cheaper place.

Persons: Schultz, Kevin, — Schultz, ALICE —, Stephanie Hoopes, United For ALICE, She's, Louis, she's, there's, We've, they're, they've, hasn't, It's, we've Organizations: Service, Costco, United For, Department of Defense, Scott Air Force Base, Amazon, Netflix, USDA, Aldi, Sam's Locations: California , Arizona, Minnesota, Idaho, Mascoutah , Illinois, St, Illinois, Missouri

☆ I'm a college athlete whose heart stopped during practice. Doctors thought I'd need a nursing home, but I'm already back on the field.
▼ + stars: | 2024-05-16 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

When my mom was in labor, doctors thought I might be tangled in the umbilical cord because my heart rate would plummet and then stabilize. I was delivered by emergency C-section, and doctors soon realized that I had congenital heart defects. Still, I thought I'd adjusted well — until my heart stopped on the field. Even when I started breathing on my own, doctors thought I might need to go to a nursing home rather than a rehab facility because I was still so frail. AdvertisementTIRR Memorial Hermann in Houston was the only in-patient rehab hospital that would take me because my needs were so intensive.

Persons: Mac Kelso, Mac, Doctors, — Dr, Nikola Dragojlovic —, TIRR, Hermann, I've, — Organizations: Service, Business, Louisiana Tech University Locations: Oregon, Louisiana, Colorado, Houston, TIRR

We'll show you all of your live streaming options when it comes to how to watch the PGA Championship. Held on the Valhalla Golf Course in Louisville, Kentucky, the PGA Championship has become a staple of the PGA Tour. Keep reading to learn all of your watch options for the PGA Championship, including notable tee times for each day of the tournament. ESPN+ doesn't live stream the ESPN channel, so you'll need to try out a live TV streaming alternative to access this portion of the tournament without cable. Shop at Peacock TVHow to watch the PGA Championship in the UKSky Sports is the British home to PGA Championship live streams.

Persons: it's, Brooks Koepka, Scottie Scheffler, Tiger Woods, Rory McIlroy, There's, Peacock, VPNs, ExpressVPN Organizations: Business, PGA, PGA Tour, ESPN, CBS, Paramount, Showtime, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, Paramount ESPN, Hulu, Disney Plus, ESPN Sling, Sling, Sky Sports Locations: Louisville , Kentucky, British

☆ Scandal Brought Reforms to Soccer. Its Leaders Are Rolling Them Back.
▼ + stars: | 2024-05-15 | by ( Tariq Panja | ) www.nytimes.com time to read: +1 min

The 12-page report was intended to save soccer’s governing body, FIFA, in its moment of existential crisis. Filled with reform proposals and drawn up by more than a dozen soccer insiders in December 2015, the report was FIFA’s best chance to show business partners, U.S. investigators and billions of fans that it could be trusted again after one of the biggest corruption scandals in sports history. In bullet points and numbered sections, the report championed high-minded ideas like accountability and humility. It also proposed concrete and, for FIFA, revolutionary changes: transparency in how major decisions were reached; term limits for top leaders and new limits on presidential power; and the abolition of well-funded committees widely viewed as a system of institutional graft. And there on the report’s final page, deep down a list of its authors, was the name of the man positioning himself as FIFA’s savior: Gianni Infantino.

Persons: Gianni Infantino Organizations: FIFA

Netflix's cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That's nearly double the 23 million figure the streaming giant shared in January. The company also said it would launch its own advertising platform and no longer partner with Microsoft for that technology. The tech giant will remain a programmatic advertising partner, but will also be joined by other ad tech companies including The Trade Desk, Google Display & Video 360 and Magnite. The streaming giant joined its media peers for the second time in making an annual pitch to lock in advertising for its platform.

Persons: That's, Ted Sarandos, Sarandos Organizations: Microsoft, Netflix, National Football League, CNBC, NFL Locations: Canada, U.S

☆ Brands aren't hurt by advertising on hard news, a new report finds
▼ + stars: | 2024-05-15 | by ( Leila Jordan | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. A new report, "The Future of News: Ad Adjacency Study," challenges this conventional wisdom and indicates the focus on brand safety in news advertising might be misguided. The report also sought to measure how large an audience advertisers might be missing out on by advertising alongside only certain topics. "Brand safety — or at least when it comes to news advertising — really doesn't promote desirable social goals because it defunds the ability to report news." Penn told BI he was hopeful the report would help create a more productive relationship between media publishers and advertisers.

Persons: —, Mark Penn, Stagwell, Axel Springer, Donald Trump, Joe Biden, Penn, Gen, Biden, Trump, Maggie Milnamow Organizations: Service, Business, Politico, The New York Times, Street Journal, Washington, Harvard, Harris, Republicans

☆ See Gayle King react to her Sports Illustrated cover
▼ + stars: | 2024-05-15 | by ( ) edition.cnn.com time to read: 1 min

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☆ Netflix and the N.F.L. Sign a Three-Season Deal
▼ + stars: | 2024-05-15 | by ( Nicole Sperling | ) www.nytimes.com time to read: +1 min

On Wednesday, the streaming giant announced a three-season deal with the National Football League that will include showing two Christmas Day games on its service this year. It’s the first time Netflix has become partners with a major sports league, and it likely won’t be the last. The move follows Netflix’s increasingly aggressive push into the business of live events. “There are no live annual events, sports or otherwise, that compare with the audiences N.F.L. football attracts.”The streaming business has matured in the United States, and though Netflix is the dominant service, it still needs to keep growing.

Persons: Tom Brady ”, John Mulaney, Katt Williams, Foke ”, “, Bela Bejaria Organizations: Netflix, National Football League Locations: Los Angeles, United States, America

We've compiled everything you need to know about how to watch Fury vs. Usyk live streams in more than 200 countries. ET / 5 p.m. BSTHow to watch Fury vs. Usyk in the US & CanadaFury vs. Usyk will be available to live stream through DAZN in the US and Canada. So, you'll only need to pay the $69.99 upfront for the Fury vs. Usyk PPV event. How to watch Fury vs. Usyk in 200 other countriesDAZN is available in more than 200 countries. According to DAZN, the Fury vs. Usyk ring walks are expected to start at 6:05 p.m. ET/11:05 p.m. BST.

Persons: Tyson Fury, Oleksandr Usyk, We've, Francis Ngannou, Fury, Usyk, It's, DAZN, ExpressVPN, Jai Opetaia, Mairis Briedis, Joe Cordina, Anthony Cacace, Frank Sanchez, Agit Kabayel, Moses Itauma, Ilja Mezencev, Mark Chamberlain, Joshua Wahab, Sergey Kovalev, Robin Sirwan Safar, Daniel Lapin, Octavio Pudivitr, David Nyika, Michael Seitz, Isaac Lowe, Hasibullah Ahmadi Organizations: Business, UFC, WBC, WBO, WBA, IBF, Canada, & Canada Locations: Saudi Arabia, DAZN, Canada, It's

☆ Why Netflix's new NFL deal has some sports fans crying foul
▼ + stars: | 2024-05-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Netflix secured a three-season deal with the NFL to air two games on Christmas. The deal boosts the streamer's ad business, appealing to advertisers seeking live sports audiences. NFL games will now be spread across seven platforms, potentially raising costs for fans. AdvertisementScore one for Netflix, which just announced a three-season deal with the NFL and will show two of the league's games on Christmas this year. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Netflix, NFL, Service, Business

☆ Netflix inks a 3-year deal with the NFL to show football games
▼ + stars: | 2024-05-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Netflix announced a three-season deal with the NFL. The streamer will show two NFL games on Christmas this year. AdvertisementNo more wondering if Netflix is going to show real live sports: The streamer now has a three-season deal with the most popular sports league in America — the NFL. Netflix will show two NFL games on Christmas Day this year, plus "at least one" game on Christmas in 2025 and 2026, the company and the NFL announced Wednesday. The deal will cost Netflix "less than $150 million per game," Bloomberg reports.

Persons: — Organizations: Netflix, NFL, Service, America —, Bloomberg, Business Locations: America

☆ Amazon's appearance at Upfronts highlights push beyond digital ads and into traditional media
▼ + stars: | 2024-05-15 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

But it's no longer just about digital ad dollars, and Amazon's inaugural presence at this year's Upfronts events is the clearest indication that the e-commerce giant is prepared to take on traditional media. Amazon's Prime Video and other streamers would historically be featured at Newfronts, which is digital media's take on Upfronts. This year, they're projected to spend roughly $18.8 billion on traditional TV ads during Upfronts, an increase of 1% from a year earlier, according to eMarketer. 1 question all of you asked was, 'When are you going to show ads on Prime Video?'" He showed how the business has evolved to include digital video ads on Prime Video.

Persons: they're, Cowen, Alan Moss, we've, Reese Witherspoon, Jake Gyllenhaal, Paul Kotas, We've, Kotas, we're, — CNBC's Lillian Rizzo, Alex Sherman Organizations: Meta, Google, Amazon, Disney, Comcast, Netflix, Google's YouTube, Prime, Revenue, National Football League, CNBC Locations: Amazon, U.S

☆ Why you don't really want Big TV to bring back 'the bundle' for your streaming services like Hulu, Max, and Netflix
▼ + stars: | 2024-05-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

— pine for the good ol' days of the TV bundle. Like cable TV." The old-timey bundle was also a prerequisite for some things you might want, like HBO or Showtime. And now, let's talk about the new-fangled bundle, which isn't the bundle you're thinking of. They're going to find ways to cut costs wherever they can, and that most certainly includes programming.

Persons: I'm, Discovery, Max, Rupert Murdoch's, They're, Brian Roberts Organizations: Service, Business, Big Media, Disney, Warner Bros, Comcast, Netflix, Apple, Big TV, ESPN, TCM, Fox News, HBO, Showtime, Warner, Discovery Locations: Hulu

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