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☆ No evidence Dominion lawsuit has damaged Fox's core business or viewership: Semafor's Ben Smith
▼ + stars: | 2023-04-19 | 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 EmailNo evidence Dominion lawsuit has damaged Fox's core business or viewership: Semafor's Ben SmithBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss Fox's $787.5 million settlement in the Dominion lawsuit and more.

☆ Billionaire Barry Diller says the media should 'absolutely' sue AI makers over ingesting text from articles
▼ + stars: | 2023-04-12 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Barry Diller warned publishers to prepare to fight in order to get paid for AI's use of their work. Diller made the comments at the Semafor Media Summit in New York. "Companies can absolutely sue under copyright law," he said. "It's not clear right now to what extent that has copyright implications," Gerratana said. "It's possible we'll see court decisions that apply copyright law in ways that we wouldn't have expected, because this technology is new, the circumstances are new, and the facts are new."

☆ The New York Sun hires former News Corp. exec and MailOnline boss Noah Kotch
▼ + stars: | 2023-04-05 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +2 min

The New York Sun has hired online and television news veteran Noah Kotch as managing editor. Kotch will work with editor Seth Lipsky to grow the newsroom and find new audiences. The New York Sun, a conservative-leaning online newspaper, has hired former top News Corp. executive Noah Kotch as managing editor, the company confirmed. Kotch was most recently general manager at News Corp., where he worked on projects such as AI-powered news aggregator Knewz. In a brief phone interview Efune said The New York Sun is about "principle over politics and people over party."

☆ Fox v. Dominion: Judge lets $1.6 billion defamation case go to trial
▼ + stars: | 2023-03-31 | 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 EmailFox v. Dominion: Judge lets $1.6 billion defamation case go to trialHosted 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. Ben Smith, Semafor, and Joanne Lipman, Yale University lecturer, join the show to discuss the Fox vs. Dominion lawsuit.

☆ Dominion has a very strong case against Fox, says Semafor's Ben Smith
▼ + stars: | 2023-03-21 | 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 EmailDominion has a very strong case against Fox, says Semafor's Ben SmithSemafor's Ben Smith joins CNBC's Brian Sullivan and 'Last Call' to discuss the $1.6B Dominion lawsuit against Fox over 2020 election claims.

☆ DoorDash customers can now pay with cash for some pizza and other food deliveries just like in the old days
▼ + stars: | 2023-03-21 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

That policy changes this week with the launch of Cash on Delivery for DoorDash's white label delivery service, DoorDash Drive, DoorDash announced Tuesday. While Cash on Delivery is available to any restaurant using DoorDash Drive, DoorDash said pizza and Chinese restaurants have been early adopters of Cash on Delivery during testing. DoorDash said Cash on Delivery is only available for restaurants using DoorDash Drive because those merchants specifically requested a cash option as many customers expect flexible payment methods. "Customers coming to DoorDash expect to pay with credit card, opposed to with cash," DoorDash told Insider. As such, DoorDash said its white-label delivery service could be an attractive option for pizza operators looking for a delivery service that now also accepts cash.

☆ Fox News election fraud revelations could take down the network’s embattled chief
▼ + stars: | 2023-03-02 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —Who will Rupert Murdoch exile from the Fox kingdom? The stunning levels of misconduct exposed in recent weeks raise questions about the future of Suzanne Scott, the embattled chief executive of Fox News. “They’re leading a trail of crumbs that lead back to her office,” added David Folkenflik, the NPR media correspondent and Murdoch biographer. In each case, Murdoch made the decision to sever ties with top personnel. “They should be reprimanded, maybe got rid of.”As Folkenflik noted, “If you’re Rupert, you can’t fire Rupert.

☆ Ozy CEO Watson's fraud case: What you need to know
▼ + stars: | 2023-02-24 | 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 EmailOzy CEO Watson's fraud case: What you need to knowBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to react to the arrest of Ozy Media CEO Carlos Watson on fraud charges on Thursday. Watson, however, pleaded not guilty at his arraignment and was released after posting a $1 million bond.

[1/10] A Boeing E-4B "Doomsday Plane" military aircraft takes off at Joint Base Andrews, in Maryland, U.S., May 11, 2022. But it was in the seemingly endless rows at the back of the new jumbo that the 747 transformed travel. "This was THE airplane that introduced flying for the middle class in the U.S.," said Air France-KLM CEO Ben Smith. "Prior to the 747 your average family couldn't fly from the U.S. to Europe affordably," Smith told Reuters. Now, two previously delivered 747s are being fitted to replace U.S. presidential jets known globally as Air Force One.

☆ Lisa Marie Presley remembered at Graceland memorial service
▼ + stars: | 2023-01-23 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

Some mourners held flowers as they waited for the service to begin under the tall trees on the lawn of Graceland, the home in Memphis where Lisa Marie lived as a child with her father. She was delicate, but was filled with life,” Priscilla Presley read. She then grew a family of her own.”After reading the poem, Priscilla Presley said: “Our heart is broken. After her father died, she became the sole heir of the Elvis Presley Trust, which — along with Elvis Presley Enterprises — managed Graceland and other assets until she sold her majority interest in 2005. A representative from Elvis Presley Enterprises has told The Associated Press that the mansion is in a trust that will go to the benefit of her children.

☆ Semafor editor-in-chief Ben Smith breaks down media buzz from Davos
▼ + stars: | 2023-01-19 | 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 EmailSemafor editor-in-chief Ben Smith breaks down media buzz from DavosBen Smith, Semafor co-founder and editor-in-chief, joins 'Squawk Box' to discuss if the experience in Davos has changed, why its changed and Smith's thoughts on the criticisms around Davos.

☆ Thought last year was bad for crypto? From FTX to Silvergate, the red flags are flying for the year ahead.
▼ + stars: | 2023-01-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Those realizations came to head repeatedly in 2022 as crypto hacks and a wintry bear market crescendoed with the collapse of Sam Bankman-Fried's FTX. On a macro level, persistent recession fears make speculative assets such as tokens or tech stocks less enticing. More notable is crypto bank Silvergate's nearly 50% plunge Thursday, and the company's announcement it would cut 40% of its staff. Job cuts at Amazon and Salesforce signal the first necessary step in staging a turnaround for tech stocks. All told, analysts predict layoffs could catalyze a 20% rally for tech stocks in 2023.

☆ FTX would still be solvent if 'SBF was as good at running a crypto exchange as he was at bribing media': Musk
▼ + stars: | 2022-11-24 | by ( Britney Toh | ) www.businessinsider.com time to read: +2 min

Musk tweeted Wednesday FTX would still be ok if SBF was as good at leadership as at 'bribing media'. He was responding to a tweet which questioned whether SBF will continue to fund certain media outlets. Musk has been hitting out at the media after reports surfaced SBF may still own a stake in Twitter — which Musk robustly denied. He seemed to be referring to FTX investing in media outlets during the three years that Bankman-Fried, or SBF, was CEO. SBF/FTX do not own shares in Twitter," Musk tweeted Wednesday.

☆ Sam Bankman-Fried was reported to own a $100 million stake in Elon Musk's Twitter. Musk says that's a lie.
▼ + stars: | 2022-11-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk said neither he nor Twitter have ever taken an investment from Sam Bankman-Fried or FTX. Semafor had earlier reported that Sam Bankman-Fried had a stake in the newly private Twitter. Semafor reported that Musk's text in May followed a message from Bankman-Fried in which he expressed his support for Musk's plans for Twitter and said he wouldn't be able to invest new money in Twitter. Meanwhile, the Financial Times reported that an FTX balance sheet dated November 10 listed Twitter shares as an "illiquid" asset. Musk also has pointed out that Bankman-Fried was an investor in Semafor, the media outlet that reported that Bankman-Fried had a stake in Twitter.

☆ Bob Iger made 'no secret' of dissatisfaction with Bob Chapek, says Semafor's Ben Smith
▼ + stars: | 2022-11-21 | by ( ) 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 EmailBob Iger made 'no secret' of dissatisfaction with Bob Chapek, says Semafor's Ben SmithBen Smith, Semafor co-founder and editor-in-chief, joins CNBC's 'Squawk Box' to react to former Disney CEO Bob Iger returning to lead the entertainment company.

SummarySummary CompaniesCompanies Law firms Frost Brown Todd and AlvaradoSmith to merge effective Jan. 1Combined firm will have more than 575 lawyers in 17 offices(Reuters) - Frost Brown Todd is set to combine with California law firm AlvaradoSmith as the Cincinnati-founded firm continues to branch out to new regions. The combination will give Frost Brown Todd 23 additional attorneys and three California offices in Los Angeles, Orange County and San Francisco. Frost Brown Todd, founded in 1919 as Frost & Jacobs before merging in 2000 with Louisville-founded Brown, Todd and Heyburn in 2000, has roots in the middle of America, with offices in Ohio, Kentucky, Indiana and other states. The AlvaradoSmith attorneys are joining the larger firm under the name Frost Brown Todd AlvaradoSmith in California through 2023, before reverting to the Frost Brown Todd name the next year. Law firm mergers dropped as the COVID-19 pandemic took hold in 2020, and activity stayed at lower levels throughout 2021.

☆ Semafor's Ben Smith explains why it could become embarrassing to pay for Twitter
▼ + stars: | 2022-10-31 | 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 EmailSemafor's Ben Smith explains why it could become embarrassing to pay for TwitterBen Smith, Semafor co-founder and editor in chief, joins CNBC's 'Squawk Box' to weigh in on Elon Musk's takeover of Twitter and what it means for speech on the platform.

☆ Air France-KLM beats quarterly estimates on travel recovery
▼ + stars: | 2022-10-28 | by ( Dina Kartit | ) www.reuters.com time to read: +2 min

Oct 28 (Reuters) - Air France-KLM's (AIRF.PA) quarterly core profit beat expectations on Friday, as the airline company reported favourable demand recovery despite lower capacity and inflationary pressure on costs. Quarterly revenue came in 8.11 billion euros, above 2019 levels. These disruptions resulted in 60 million euros additional compensation costs compared to the same quarter in 2019, Air France-KLM said. Third-quarter traffic and passenger numbers for Transavia, the group's low-cost subsidiary, increased by 45.4% and 41.8%, driven by demand recovery in North Africa and Europe, despite record-high eurozone inflation. Air France-KLM expects seat capacity levels in the fourth quarter, full-year 2022 and the first quarter of 2023 at about 85%, 80% and 90%, respectively, confident that the recovery context will continue.

☆ The hotly anticipated media startup Semafor has launched, creating the 'Semaform' article structure to separate news from opinion
▼ + stars: | 2022-10-18 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +5 min

The company has created "Semaform," a way to separate news and opinion in articles. Semafor, the hotly anticipated media startup that grabbed industry attention before it even launched, is finally here. Led by former Bloomberg Media CEO Justin Smith and former New York Times media columnist and BuzzFeed News editor-in-chief Ben Smith, the outlet began publishing Tuesday morning with the lofty ambition of "solving certain significant news consumer frustrations," Justin Smith told Insider. "We have a long runway through 2023 and moving into 2024 on a revenue front and a cost front," Justin Smith said. Overall, the target readership is "very much the news omnivore" and people who are "opinion leaders" in business, finance, and tech, Justin Smith said.

☆ Semafor news platform launches
▼ + stars: | 2022-10-18 | by ( Helen Coster | ) www.reuters.com time to read: +2 min

That structure is designed to address issues such as a trust deficit between the public and the press, and some readers' inability to distinguish between facts and analysis, said Semafor Executive Editor Gina Chua in an interview Monday. That funding will take Semafor to the end of 2023 and into 2024, according to chief executive officer Justin Smith. At launch, Semafor said that 75% of its revenue will come from advertising and 25% from event sponsorships. Some news organizations such as Axios have had success luring readers with shorter, unconventional formats. Register now for FREE unlimited access to Reuters.com RegisterReporting by Helen Coster in New York, Editing by Rosalba O'BrienOur Standards: The Thomson Reuters Trust Principles.

☆ Semafor debuts in a tough media environment, with an aim toward decluttering the news
▼ + stars: | 2022-10-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Semafor has been preparing for its launch since January, when former New York Times media columnist Ben Smith and former Bloomberg Media Chief Executive Officer Justin Smith quit their jobs to start the venture. The Smiths will take lessons learned from more than 20 years in digital media to steer Semafor into what they hope will be a global, profitable business. Still, advertising-supported digital media is a sector known for recession droughts and low growth — with plenty of cautionary tales. Semafor will immediately stand out from legacy news publications such as The New York Times, The Wall Steet Journal or CNN.com through its unique article structure. To solve for information overload, a key flaw in the current media ecosystem, according to Justin Smith, outside media analysis will be truncated and found in the Notable section.

☆ Semafor's global ambitions to be the 'Netflix of news'
▼ + stars: | 2022-10-18 | 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 EmailSemafor's global ambitions to be the 'Netflix of news'Ben Smith, Semafor co-founder, joins 'Squawk Box' to discuss his company's attempt to offer more transparent stories.

☆ How newsletter startup Workweek plans to become the next Condé Nast — and sell chicken sandwiches
▼ + stars: | 2022-10-11 | by ( Dan Whateley | ) www.businessinsider.com time to read: +7 min

Workweek is a media company built around a roster of 21 newsletter writers. This summer, the operations team at the business-focused media startup Workweek began brainstorming the best way to open a chicken restaurant. Regardless of whether Workweek begins selling chicken or not, the project is already a success in its CEO Adam Ryan's eyes. "One of the things that we wanted to answer was, could we make 10 times more revenue per subscriber than the average media company?" Heading into 2023, Workweek plans to expand its talent roster and grow into new content verticals.

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