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On any given Sunday, there will be more National Football League games available on streaming services than ever before — some even exclusively. The NFL season kicks off Thursday with the Super Bowl champions Kansas City Chiefs hosting the Detroit Lions. Google's YouTube TV and the NFL's streaming service will also become bigger players in the streaming game. When media giants signed NFL media rights deals in 2021, valued at more than $100 billion, more of those deals included the rights to streaming games. Plus, in this past year, the NFL sold the media rights to its "Sunday Ticket" to Google 's YouTube TV for about $2 billion annually, shifting access to the package of out-of-market games to a streaming-only audience.
Persons: Aaron Rodgers, Comcast's, Peacock, Roger Goodell Organizations: New York Jets, New York Giants, MetLife, National Football League, NFL, Super Bowl, Kansas City Chiefs, Detroit Lions, Paramount Global, Disney, ESPN, Disney's ESPN, YouTube, Charter Communications, Google Locations: East Rutherford , New Jersey
LONDON, Aug 24 (Reuters) - More than a dozen of the world's biggest tech companies face unprecedented legal scrutiny, as the European Union's sweeping Digital Services Act (DSA) imposes new rules on content moderation, user privacy and transparency this month. The EU is seen as the global leader in tech regulation, with more wide-ranging pieces of legislation – such as the Digital Markets Act and the AI Act – on the way. For now, the rules only apply to 19 of the largest online platforms, those with more than 45 million users in the EU. Researchers removed the ads before they were published, so no Facebook users saw them. It will soon become obvious if any of the designated companies had "skirted their legal responsibilities," said Hayes.
Persons: , Kingsley Hayes, Keller Postman, Eko, Meta, TikTok, Zalando, Hayes, Martin Coulter, Josie Kao Organizations: Digital Services, Facebook, Google, Digital Markets, DSA, Reuters, European Commission, Twitter, YouTube, Global, Amazon, Thomson Locations: EU, Europe, Ireland, Luxembourg
Sakana AI founders Llion Jones, left, and David Ha, meet at a rooftop bar in Tokyo. Jones, a co-author of Google's prominent Transformers research paper, is the generative AI research lab's technology chief, and Ha, a former Google research scientist, is its CEO. He was one of eight authors of the pivotal Transformers research paper, which is central to the latest in generative artificial intelligence. He's joining fellow ex-Google researcher David Ha to build a generative AI research lab in Tokyo called Sakana AI. The T stands for Transformers, an architecture behind much of today's frenetic generative AI activity.
Persons: Llion Jones, David Ha, Jones, He's, Ha, Sakana, OpenAI, they've Organizations: Google, itis, CNBC, University of Birmingham, YouTube, Microsoft Locations: Tokyo, Ha
The company formerly known as Twitter is betting that a new ad-tech partnership and enhanced safety tools for brands will lure back advertisers who departed in the months since Elon Musk purchased the company. X, as Musk renamed the company, said on Tuesday that it signed a one-year deal with Integral Ad Science, which sells ad-verification technology. IAS provides similar brand safety technology to TikTok and Google's YouTube, Utzschneider said. ET to CNBC's interview with X CEO Linda Yaccarino as she speaks with Sara Eisen on "Squawk on the Street." Watch: New study finds Twitter bots and Elon Musk posts boosted price of FTX-listed altcoins
Persons: Elon Musk, Musk, Lisa Utzschneider, Utzschneider, X, Twitter, Linda Yaccarino, Sara Eisen, Elon Organizations: Twitter, Elon, Ad, CNBC, YouTube
Amazon previously said it is seeing a decrease in growth in AWS as business clients reallocated their spending to reduce costs. Investors are also looking to see how Amazon's advertising business intersects with more language models and generative AI. The company's advertising business was seeing "robust growth" due to its machine learning investment, Chief Executive Andy Jassy said in the first-quarter earnings call. Net sales of Amazon's advertising business in the first quarter were $9.51 billion. Amazon's first-quarter operating income was $4.77 billion a 74.4%% increase from $2.74 billion in the fourth-quarter and a 30.1% increase from last year.
Persons: Tom Forte, Forte, Brian Olsavsky, Andy Jassy, Arun Sundaram, China's Temu, Sundaram, Amazon's, Arriana McLymore, Aurora Ellis Organizations: Investors, Web Services, Microsoft, Amazon, Google, Davidson Companies, YouTube, Thomson Locations: NY, Refinitiv, Singapore, United States, New York City
Shares of Alphabet's stock jumped 10% this week after the company reported second quarter earnings that showed growth despite a tough ad market. Among growth, revenue rose 7% to $74.6 billion from $69.7 billion in the year-earlier period. Google's ad revenue only increased 3.3% from a year earlier, but that's an improvement from the first quarter, when ad revenue fell. Google's YouTube and Cloud units also showed revenue growth despite competition. "We believe this bodes well for the broader online advertising environment," Citi analysts wrote in a note about Google's earnings.
Persons: Snap's, Bernstein, Ruth Porat, she's Organizations: Google, YouTube, Microsoft, Citi Locations: OpenAI
Disney has held off from putting its prime ESPN content on its ESPN+ streaming service as it continues to make billions of dollars in revenue each year through traditional cable TV. Disney has held early conversations with potential partners that could improve an ESPN streaming service by extending its distribution and adding content, Iger said. Disney is open to potentially selling an equity stake in ESPN and is looking for a strategic partner in the business as it prepares to transition the sports network to streaming, CEO Bob Iger said Thursday. But in the traditional cable TV business model, ESPN made money per cable subscriber — whether a person watched or not. In addition to finding a strategic partner for ESPN, Iger said he was open to selling or spinning off Disney's legacy cable networks, including FX and NatGeo, and its broadcast group, ABC Networks.
Persons: Iger, CNBC's David Faber, Bob Iger, Brian Roberts, Bob Chapek Organizations: Disney, ESPN, Hearst Communications, CNBC, FX, ABC Networks, Comcast, Apple, Google, Amazon, National, YouTube, Major League Soccer Locations: Sun Valley , Idaho, Hulu
HANOI, June 30 (Reuters) - Vietnam has told cross-border social platforms to use artificial intelligence (AI) models that can detect and remove "toxic" content automatically, the latest requirement in its stringent regime for social media firms, state media reported on Friday. Vietnam has repeatedly asked companies like Meta's Facebook (META.O), Google's YouTube (GOOGL.O) and TikTok to coordinate with authorities to stamp out content deemed "toxic", such as offensive, false and anti-state content. YouTube removed 6,101 videos while TikTok took down 415 links, the info ministry said in a statement. Vietnam in recent years has issued several regulations together with a cybersecurity law that target foreign social media platforms in a bid to battle disinformation in news and force foreign tech firms to establish representative offices in Vietnam and store data in the country. VTV reported the info ministry saying at Friday's event that U.S streaming giant Netflix (NFLX.O) had submitted documents needed to open a local office in Vietnam.
Persons: TikTok, VTV, Phuong Nguyen, Mark Potter Organizations: Facebook, YouTube, Vietnam Television, Reuters, Netflix, Thomson Locations: HANOI, Vietnam
KUALA LUMPUR, June 23 (Reuters) - Malaysia said on Friday it will take legal action against Facebook parent Meta Platforms (META.O) for failing to remove "undesirable" posts, the strongest measure the country has taken to date over such content. It said Meta had failed to take sufficient action despite its repeated requests and that legal action was necessary to promote accountability for cybersecurity and to protect consumers. Asked what legal action it might take, the commission said in an emailed statement on Saturday that allowing abuse of network facilities or application services can be offences under Malaysia's Communications and Multimedia Act 1998. Facebook is Malaysia's biggest social media platform, with an estimated 60% of the country's 33 million people having a registered account. Globally, big social media firms that include Meta, Google's YouTube and TikTok are often under regulatory scrutiny over content posted on their platforms.
Persons: Anwar Ibrahim's, Meta, Miyoung Kim, Edwina Gibbs, William Mallard Organizations: Facebook, Malaysian Communications and Multimedia Commission, Malaysia's Communications, Multimedia, Malay Muslim, Meta, YouTube, Thomson Locations: KUALA LUMPUR, Malaysia, Malay, Vietnam, Indonesia
KUALA LUMPUR, June 23 (Reuters) - Malaysian authorities said on Friday they will take legal action against Facebook parent company Meta Platforms (META.O) for failing to remove "undesirable" content on the social media platform. Facebook has recently seen a significant volume of undesirable content relating to race, royalty, religion, defamation, impersonation, online gambling and scam advertisements, the Malaysian Communications and Multimedia Commission said in a statement. It also said Meta had failed to take sufficient action despite its repeated requests and that legal action was necessary to promote "accountability for cybersecurity" and for "enhancing consumer protection". The commission also did not immediately respond to a request for comment on what legal action might be taken. Big social media firms such as Meta, Google's YouTube and TikTok are often under regulatory scrutiny over content posted on their platforms.
Persons: Meta, Kim, Edwina Gibbs Organizations: Facebook, Meta, Malaysian Communications and Multimedia Commission, YouTube, Thomson Locations: KUALA LUMPUR, Vietnam, Indonesia
The Supreme Court declined to address the legal liability shield that protects tech platforms from being held responsible for their users' posts, the court said in an unsigned opinion on Thursday. The decision leaves in place, for now, a broad liability shield that protects companies like Twitter, Meta's Facebook and Instagram as well as Google's YouTube from being held liable for their users' speech on their platforms. The court said it made that decision because the complaint "appears to state little, if any, plausible claim for relief." The Supreme Court said it would vacate and remand, or send back, the decision to the Ninth Circuit court to reconsider in light of its decision on a separate case, Twitter v. Taamneh. In a decision written by Justice Clarence Thomas, the court ruled that such a claim could not be brought under that statute.
TikTok CEO Shou Zi Chew testifies before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill on March 23, 2023 in Washington, DC. To spot and remove offensive posts, TikTok has tens of thousands of Ireland-based workers tasked with content moderation, CEO Shou Zi Chew said on Thursday. Speaking at the TED2023 Possibility conference in Vancouver, British Columbia, Chew said TikTok has "clear community guidelines" and that executives do not "make any ad-hoc decisions" when dealing with "bad actors" on the internet who post offensive content on the app. "Based on that, we have built a team that is tens of thousands of people plus machines in order to identify content that is bad, and actively, proactively remove it from the platform," Chew said. "I can say that we are building all the tools to prevent any of these actions from happening," Chew said.
This illustration photo show the Facebook page of former President Donald Trump on a smartphone screen in Los Angeles, March 17, 2023. On Friday, Donald Trump wrote a message on his Truth Social messaging platform that was reminiscent of the waning days of his presidency, when his public posts got him kicked off Twitter, Facebook and YouTube. In complaining about a potential indictment, Trump warned of "potential death & destruction" should he be charged with a crime. Thus far, Trump has been relatively quiet on the major social media platforms. Rather, he's stuck to daily musings on Truth Social, writing in a post this week that Democrats are "INTERFERING IN OUR ELECTIONS, THEIR NEW FORM OF CHEATING!!"
U.S. tech platforms including Meta's Facebook and Instagram, Google's YouTube , Twitter and Snap's Snapchat have raised similar fears for lawmakers and users. Evaluating a potential banThere's little appetite in Washington to accept the potential risks that TikTok's ownership by Chinese company ByteDance poses to U.S. national security. The interagency panel tasked with reviewing national security risks stemming from ByteDance's ownership has threatened a ban if the company won't sell its stake in the app. Trahan said members should ask about national security risks of the app, but those questions should be substantive. Bowman noted lawmakers haven't received a bipartisan congressional briefing from the administration on national security risks stemming from TikTok.
Broadcasts of Major League Baseball games on Apple TV+ this season will require a subscription to the service, Apple announced on Wednesday. In 2022, Apple started broadcasting one or two MLB games every Friday night with a rotating cast of teams. Now, users will need an Apple TV+ subscription, which costs $7 per month in the U.S. While some games will air for free, a subscription with access to all games costs $14.99 per month, with a discount if the person also subscribes to Apple TV+. Apple said the first "Friday Night Baseball" doubleheader broadcast will take place on April 7, featuring the Texas Rangers at the Chicago Cubs followed by the San Diego Padres at the Atlanta Braves.
Some US lawmakers are working to ban TikTok. The research firm says TikTok could make $9 billion-$10 billion in US revenue in 2024. There probability TikTok will be banned is still low but it's gone up significantly over the last six months, the firm said. "We place less than a 50% probability that TikTok will be banned by the end of 2024," Zino said. "A TikTok ban would move the needle more for SNAP than others," said Zino.
Jonathan Raa | Nurphoto | Getty ImagesInvestors in Meta , Snap and other U.S. digital media companies have been looking for signs of a rebound after a tumultuous 2022. Meta climbed 1% on Wednesday, and Snap was unchanged. She said that Meta's Facebook, Snap and Google's YouTube could be "huge beneficiaries" if the ban ultimately takes place. watch now"A U.S. ban on TikTok is a ban on the export of American culture and values to the billion-plus people who use our service worldwide," a TikTok spokesperson said Wednesday. Andrew Boone, an analyst at JMP, said that Meta likely stands to benefit the most should TikTok face a U.S. ban.
The so-called "Henderson test" would significantly weaken the power of Section 230 of the Communications Decency Act, several experts said in conversations and briefings following oral arguments in the case Gonzalez v. Google . One way the Supreme Court could undercut Section 230 is by endorsing the Henderson test, some advocates believe. The Henderson test came about from a November ruling by the Fourth Circuit appeals court in Henderson v. The Source for Public Data. In other words, once Public Data made changes to the information it pulled, it became an information content provider. Google pointed to the parts of its brief in the Gonzalez case that discuss the Henderson test.
And it came on top of a 9% bump in viewership during the 2021-22 football season, he said. Nathanson said the NFL is the biggest single driver of network ratings — and ultimately advertising dollars — during the fall TV season. "Sunday Night Football" is aired on NBC, while Disney, which owns ESPN and ABC, has the rights to show "Monday Night Football." Amazon has the rights to "Thursday Night Football" through 2033 . All this is to say, that there is a reason why advertisers still care about putting their commercials on during football games.
BRUSSELS, Feb 2 (Reuters) - EU lawmakers on Thursday agreed to tougher rules on targeted political advertising aimed at countering misinformation during elections, drawing support from Google's YouTube and civil rights activists and concerns from a tech lobbying group. The rules require U.S. tech giants to provide more data on their targeted political ads, with fines up to 4% of their global turnover for breaches. EU lawmakers toughened up some of the provisions in the Commission's draft and will now have to thrash out details with EU countries before the proposed regulation can become legislation. Lawmakers also backed a blanket ban on using minors' data and a ban on non-EU based entities from financing political advertisements in the EU. They proposed setting up an online repository for all online political ads and related data, and the possibility of periodic penalties for repeated violations.
Salesforce (CRM) downgraded to market perform from outperform (hold from buy) at Cowen, which also cut its price target to $160 per share from $175. Barclays upgrades Ralph Lauren (RL) to overweight from equal weight (buy from hold); increases its price target to $134 per share from $101. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
DirecTV is laying off hundreds of employees — roughly 10% of its upper ranks — as the company looks to reduce costs amid the heightened pain of cord cutting for pay-TV providers, according to people familiar with the matter. DirecTV and its peers have long been under pressure as customers cut the cord and opt for streaming services. Satellite TV providers such as DirecTV and Dish in particular have seen some of the highest pay-TV subscriber losses in recent years. In addition to satellite TV, the company also offers DirecTV Stream, an internet-TV bundle similar to Google's YouTube TV and Dish's Sling. Competition has ramped up in rural areas as broadband and fixed wireless companies build out networks in areas where satellite TV providers were once some of the only TV providers.
Traditional TV networks got what they wanted out of it, too. Google's YouTube TV bundle includes broadcast stations like CBS, Fox and NBC. Sports, and particularly the NFL, have long been considered the glue holding the traditional TV bundle together. YouTube TV had more than 5.3 million subscribers as of the third quarter, putting it above its competitors like Disney's Hulu Live TV+, Fubo TV and Dish's Sling, according to data from MoffettNathanson. "This is a win for YouTube TV as it serves a larger goal for them getting more subscribers.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYouTube scores a touchdown with NFL Sunday Ticket: What it means for streamingGoogle's YouTube lands the NFL whale for $2B annually over 7 years. With CNBC's Frank Holland and the Fast Money traders, Tim Seymour, Guy Adami, Dan Nathan and Courtney Garcia.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Santa Claus rally may be here early 'Buy things that nobody wants' We still like Starbucks Alphabet's smart play for NFL package 1. Alphabet's smart play for NFL package Club holding Alphabet (GOOGL) is well-positioned to elevate the NFL Sunday Ticket package and bring out some untapped potential at YouTube. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
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