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watch nowOn Monday, Singapore's Prime Minister Lee Hsien Loong said he decided the incumbent speaker of the Singapore's Parliament Tan Chuan Jin "had to go." Lee Hsien Loong Singapore prime ministerSingaporeans, who are not used to political scandals, have taken to memes to express themselves. Singapore Prime Minister Lee Hsien Loong (L) shaking hands with a PAP supporter during a May election rally. SIMIN WANG | AFP | Getty ImagesThe prime minister sought to quickly control the damage, emphasizing the government's zero-tolerance on corruption to allay public concerns. The prime minister is seeking to hand over power to the next generation of leaders in the near future.
Persons: Lee Hsien Loong, Dr Koh Poh Koon, Ang Mo, Suhaimi Abdullah, Eugene Tan, Tan Ern Ser, Tan Chuan Jin, Tan, Cheng Li Hui, SMU's Tan, CNBC's, Ong Beng Seng, Felix Tan, NTU's Tan, SIMIN WANG, Lee Organizations: Action Party, Getty, Singapore Management University, CNBC, Party, National University of Singapore, Singapore's, Public Service, Nanyang Technological University, NUS, Singapore, AFP Locations: SINGAPORE, Singapore, Asia, Lee Hsien Loong Singapore
[1/2] Iraqi President Abdul Latif Rashid speaks during a news conference as an ancient artifact brought back from Italy is exhibited, following his visit to Rome, in Baghdad, Iraq, June 18, 2023. REUTERS/Ahmed SaadJuly 20 (Reuters) - Iraq's president said late on Wednesday he would summon the United States ambassador to Baghdad over critical remarks by a U.S. State Department spokesperson regarding the Iraqi government's treatment of a top Iraqi Christian leader. "I will say we are disturbed by the harassment of Cardinal Sako ... and troubled by the news that he has left Baghdad," Miller told a press briefing. The Iraqi Christian community is a vital part of Iraq's identity and a central part of Iraq's history of diversity and tolerance," Miller said. Rashid was "disappointed by accusations leveled against the Iraqi government" by Miller and so would summon the ambassador, a presidency statement said.
Persons: Abdul Latif Rashid, Ahmed Saad, Matthew Miller, Cardinal Louis Sako, Sako, Pope Francis, Rashid's, Cardinal Sako, Miller, Rashid, Hatem Maher, Timour, Timour Azhari, Leslie Adler, Stephen Coates Organizations: REUTERS, U.S . State Department, State Department, Chaldean Catholic, Iraqi, Vatican Embassy, Chaldean, Islamic, Thomson Locations: Italy, Rome, Baghdad, Iraq, United States, Iraqi, U.S, Iran, Iraq's, Kurdistan, Vatican, Islamic State
A five-month BBC investigation paints a picture of a toxic work culture McDonald's UK. McDonald's UK apologized and said it would investigate the allegations. In many cases, managers were responsible for the incidents, the current and former workers told the broadcaster. "It's the expectation that if you work at McDonald's, you will be harassed," a former worker told the BBC. Macrow added that McDonald's UK would investigate all the allegations.
Persons: McDonald's, Alistair Macrow, Macrow Organizations: Service, Workers, vapes, BBC, Ireland Locations: Wall, Silicon, Wales, McDonald's, India
Republican members raced to put the resolution on the floor this week after Representative Pramila Jayapal, Democrat of Washington and the head of the Congressional Progressive Caucus, called Israel “a racist state,” prompting condemnations from leaders of both parties. Ms. Jayapal later walked back her comments, saying that she had not meant to condemn the idea of Israel but only the policies of its current government, but the G.O.P. pushed ahead with the vote anyway, in a move Democrats denounced as politically opportunistic even as most lined up to support it. Ten Democrats declined to back the resolution, which passed by a vote of 412 to 9, with one voting “present.” Ms. Jayapal supported it. Just one lawmaker stood up on the House floor to argue against the measure, underscoring both the broad support for Israel in Congress and a belief among many of its critics that there is no tolerance on Capitol Hill for airing their views.
Persons: Pramila Jayapal, Israel “, Jayapal, Ms Organizations: Israel, Republican, Congressional Progressive Caucus, Capitol Locations: Washington, Israel
How to save San Francisco
  + stars: | 2023-07-16 | by ( Adam Rogers | ) www.businessinsider.com   time to read: +18 min
But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. Paul Chinn/The San Francisco Chronicle via Getty ImagesThis is just a matter of good old-fashioned supply and demand. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.
Persons: Nobody's, I've, It's, it's, who'd, Paul Chinn, nix, aren't, rafter, Tayfun, Francis Wood, fixable, Berkeley, Adam Rogers Organizations: Liberal, Homelessness, Bay Area, Pride, Black Panthers, Washington Monthly, San Francisco, Getty, SF, Supervisors, Crafts, Planners, Foods, Anadolu Agency, Walgreens, Nordstrom, Unit Locations: San Francisco, Bay, Francisco, California, Black, Los Angeles, Boston , New York, Washington, United States, Barcelona, Paris, St, Barbary, Hong Kong, Mexico City, Angeles, Houston, Helsinki, East, Treasure, Emeryville
If you want to rile up a San Francisco native, mention the doom loop. But treating San Francisco as some sort of outlier, a sui generis example of urban decay, is wrong, too. After I washed out back there I washed up on the Embarcadero, a typical San Francisco story. Because here's my one crazy trick to fix San Francisco: homes. To revive the city, San Francisco needs to get back to its freak-flag-flying roots.
Persons: Nobody's, I've, It's, it's, who'd, Paul Chinn, nix, aren't, rafter, Tayfun, Francis Wood, fixable, Berkeley, Adam Rogers Organizations: Liberal, Homelessness, Bay Area, Pride, Black Panthers, Washington Monthly, San Francisco, Getty, SF, Supervisors, Crafts, Planners, Foods, Anadolu Agency, Walgreens, Nordstrom, Unit Locations: San Francisco, Bay, Francisco, California, Black, Los Angeles, Boston , New York, Washington, United States, Barcelona, Paris, St, Barbary, Hong Kong, Mexico City, Angeles, Houston, Helsinki, East, Treasure, Emeryville
Joyce Carol Oates Figured Out the Secret to Immortality
  + stars: | 2023-07-16 | by ( ) www.nytimes.com   time to read: +8 min
Talk Joyce Carol Oates Figured Out the Secret to Immortality“I have,” Joyce Carol Oates says, “so many ideas.” That’s putting it mildly. “The one I’m doing now, the reader’s going to be surprised.”Joyce Carol Oates in 1970. I don’t think about it too much. I thought, Wow, it’s so funny and weird and wonderful, and I don’t think there’s almost any readership for that. There’s Emily Dickinson over here, there’s Faulkner, there’s Cormac McCarthy, and I feel I’m in that territory.
Persons: Joyce Carol Oates, ” Joyce Carol Oates, , , Oates, you’ll, ” Oates, Bettmann, what’s, Philip Roth, Philip, Bernard Malamud, I’m, John Updike’s, John Updike, Barack Obama, Jim Watson, Stickum, doesn’t, Nabokov, Ana de Armas, Marilyn Monroe, Cormac McCarthy, It’s, you’re, Monet, Van Gogh, there’s Hieronymus Bosch, he’s, Crumb, there’s Picasso, Emily Dickinson, there’s Faulkner, there’s Cormac McCarthy, David Marchese, Emma Chamberlain, Walter Mosley Organizations: Oates, Agence France, Presse, Getty, The New York, Twitter, Netflix, YouTube, Cal Newport Locations: America
Agriculture is extremely vulnerable to the impacts of changing climate conditions and although changes to temperature, rainfall patterns, and frost might extend a growing season or enable the cultivation of different crops, climate change also introduces major challenges for farming. Shoba Sivasankar examines sorghum seeds that spent around five months at the International Space Station . K. Laffan/IAEABy selectively breeding plants grown from the mutated seeds, Sivasankar and her team hope to create new crop strains. The private sector has also taken an interest in the impact of spaceflight on plant seeds. StarLab Oasis plans to grow seeds on external docking platforms at space stations, shown here in a rendering Nanoracks/Starlab OasisSending seeds to space will help “sustainability, climate change, and food security on Earth,” StarLab Oasis’ co-founder Allen Herbert told CNN in 2022.
Persons: Shoba Sivasankar, , , StarLab, Allen Herbert Organizations: CNN, International Atomic Energy Agency, IAEA, Agriculture Organization, FAO, International Space, of, Food, Agriculture, Space, Michigan State University, MSU, United Arab Emirates, StarLab Oasis, Oasis Locations: China, Abu Dhabi
Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Beijing finally curtailed three years of harsh zero-COVID lockdowns late last year, but its economy has subsequently run into significant turbulence that's sparking alarm across the world. In July 2022, the government was still taking a zero-tolerance approach to COVID-19, limiting the country's economic output. Foreign direct investment in China has also dried up, with spending from outside China dropping by $20 billion, or a sixth, year-on-year, per data from the Wall Street Journal. It's a growing list of concerns that makes grim reading for Beijing, whose dreams of a smooth revival have quickly turned nightmarish.
Persons: lockdowns, they'll Organizations: Service, country's, Wall Street, Beijing Locations: Wall, Silicon, Beijing, China
About Ally Invest Robo PortfoliosAlly Invest Robo Portfolios is an Ally Financial-affiliated automated account offering investing without fees for US residents. Ally Invest Robo Portfolios FeesAlly Invest Robo Portfolios doesn't charge trading fees, advisory fees, annual fees, or rebalancing. Methodology: How We Reviewed Ally Invest Robo PortfoliosAlly Invest Robo Portfolios is a robo-advisor that was reviewed using Personal Finance Insider's rating methodology for investing platforms. How Ally Invest Robo Portfolio ComparesAlly Invest Robo Portfolios vs. Fidelity GoIf you're a hands-off investor in search of automated portfolio management, Ally Invest Robo Portfolios and Fidelity Go are both popular robo-advisors. Ally Invest Robo Portfolios vs. Schwab Intelligent PortfoliosAlly Invest Robo Portfolios and Charles Schwab's most basic automated account, Charles Schwab Intelligent Portfolios, both offer competitive automated investing services.
Persons: Ally, Ally Invest's, Ally Invest, it's, It's, you'll, Roth, Charles Schwab, Schwab, Charles Schwab's, brokerages, Rickie Houston, Rickie, He's, Read, Elias Shaya, Elias, Tessa Campbell Organizations: Reading Chevron, Financial, Ally Invest, Better, Bureau, BBB, Financial Inc, Invest, IRS, Roth IRA, Investment, Vanguard, Fidelity, Finance, Schwab, Business, Boston Globe, Yahoo News, Boston University, Boston University News Service, CUNY College of, New York Presbyterian Hospital Locations: New York City, CUNY College of Staten Island, Lebanon
FRANKFURT, July 12 (Reuters) - Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and allowing greater leeway in transitioning from fossil fuels-based variants to renewables, a draft paper showed on Wednesday. The draft was seen by Reuters while being presented to the national hydrogen council prior to assessment and adoption by the Berlin cabinet. It will become a 2023 strategy update guiding stakeholders in production, transport and wholesale markets as well as infrastructure investors. The coalition government in 2021 installed a target of 10 gigawatts (GW) of green hydrogen production by 2030, which can receive direct financial support, doubling previous ambitions. There would be greater tolerance of fossil- and nuclear-derived hydrogen, partly with carbon sequestration until such time as renewables could fully meet hydrogen demand, Germany's draft paper said.
Persons: Vera Eckert, Christian Kraemer, Markus Wacket, Devika Organizations: Europe's, Reuters, EEX, Thomson Locations: FRANKFURT, Germany
CNN —Finnish finance minister Riikka Purra has apologized after she made racist comments in 2008 that were recently discovered online. The leader of the far-right Finns Party said her old comments were “stupid” and that she was sorry for the harm they had caused. Purra’s Finns Party won second place in April’s elections, finishing behind Finnish Prime Minister Petteri Orpo’s National Coalition Party, before forming a coalition. Finnish Prime Minister Petteri Orpo said his government was committed to combating racism. “Our immigration policy is legitimate and legal and there is nothing wrong or suspicious about it,” Purra added on Twitter.
Persons: Riikka Purra, , ” Purra, , Petteri, Orpo, Petteri Orpo, Ksenia Kuleshova, ” Orpo, Purra Organizations: CNN, Finns Party, Purra’s Finns Party, Finnish, National Coalition Party, Bloomberg, Getty, Swedish People’s Party, Christian, Twitter Locations: Spain, Finnish, Finland, Nordic
But in this stew of adulterated meanings, “white nationalist” gets conflated with being a white patriot and allows any suggestion of racism to become an aspersion cast at white nationalists without cause. They did this for this reason.’ But to say it was inherent because of their skin is where I say that is critical race theory. You’re saying that race defines a person.”Be clear: White racists attacked and destroyed the Black community in Tulsa called the Greenwood District, also known as Black Wall Street. I guess Walters’s argument, as flimsy as it is, hangs on the word “inherent.” And no, white people are not inherently terrorists or racists. But, there have been white people who were terrorists and racists and wreaked havoc and destruction in this country.
Persons: Trump, Ramaswamy, , Ryan Walters, Walters, Jim Crow Organizations: Greenwood District Locations: Oklahoma, Tulsa, Black Tulsa
New data shows Apple TV+ has more than tripled its share of streaming subscribers. More established streamers have had the most success growing their ad tiers. The findings come as Apple TV+ is rumored to be planning to join the other major streamers in chasing video advertising. Apple TV+ has more than tripled its share of ad-free subscribers in the past two years, jumping ahead of Paramount+, Disney's Hulu, and Warner Bros. But Apple TV+ has yet to move into ad-supported streaming, where competitors are seeing their biggest subscriber growth — not to mention new revenue opportunities.
Persons: Peacock, Lauren Fry, Hulu, Discovery's Max, Jonathan Carson Organizations: Apple, Hulu, Paramount, Warner Bros, Netflix, Disney Locations: Hulu
Acting Australian Prime Minister Richard Marles said Chau Van Kham was released on humanitarian grounds and “in the spirit of friendship” between Australia and Vietnam. The Vietnamese government declared the California-based Viet Tan, or Vietnam Reform Party, a terrorist organization in 2016, accusing it of recruiting and training armed operatives. Australian Prime Minister Anthony Albanese traveled to Vietnam last month to mark 50 years of diplomatic relations between the two countries. “We share the happy news that Mr Chau Van Kham is well and has returned to his family today,” the statement said, according to Amnesty. Pearson said Kham was one of more than 150 political prisoners detained in Vietnam for peaceful acts of free expression.
Persons: Australia CNN —, Richard Marles, ” Marles, Viet Tan, Tan, it’s, Anthony Albanese, Kham’s, Dan Nguyen, Chau, , ” Elaine Pearson, Pearson, Kham, Pham Doan Trang, Mai Phan, Dang Dinh Bach, Hoang, Hong, ” Pearson Organizations: Australia CNN, Australian, Amnesty International, Amnesty, Vietnam Reform Party, Australian Broadcasting Corporation, Human Rights Locations: Brisbane, Australia, Sydney, Vietnam, California, United States, Asia
Substance Abuse Is Climbing Among Seniors
  + stars: | 2023-07-09 | by ( Paula Span | ) www.nytimes.com   time to read: +1 min
He asks, too, about their use of tobacco, alcohol, cannabis and other nonprescription drugs. “Patients tend to not want to disclose this, but I put it in a health context,” Dr. Han said. He tells them, “As you get older, there are physiological changes and your brain becomes much more sensitive. It can put you at risk.”That’s how he learns that someone complaining about insomnia might be using stimulants, possibly methamphetamines, to get going in the morning. Or that a patient who has long taken an opioid for chronic pain has run into trouble with an added prescription for, say, gabapentin.
Persons: Benjamin Han, Dr, Han Organizations: School of Medicine, University of California Locations: San Diego
Summer hiring is on the rise in several industries, says Julia Pollak, chief economist at ZipRecruiter, as consumer appetite for traveling and dining out remains "stronger than expected" despite recession fears. In June, private sector jobs surged by 497,000, well ahead of the 220,000 Dow Jones estimate, payroll processing firm ADP reported Thursday. If you're looking for a low-stress gig that pays at least $20 an hour — and don't mind spending your shift outdoors, or at a museum — there are several summer jobs you may want to consider. Plus, according to Indeed, many of these jobs pay upwards of $22 an hour. Here are five low-stress, high-paying summer jobs employers are hiring for right now:Tour guideO*NET score: 69Average hourly pay: $22.58 per hourFitness instructorO*NET score: 63Average hourly pay: $26.29Construction workerO*NET score: 63Average hourly pay: $18.04TutorO*NET score: 75Average hourly pay: $23.92Virtual assistantO*NET score: 70Average hourly pay: $20.43To improve your chances of landing one of these coveted summer gigs, look for job openings where "others aren't," says Jeff Hyman, CEO of the executive search firm Recruit Rockstars.
Persons: Julia Pollak, Dow Jones, Pollak, Jeff Hyman, it's, Hyman, You'd Organizations: Dow Locations: YMCAs
A sweeping change sought by the Securities and Exchange Commission would take fund managers' culpability a step further than current standards if they don't effectuate a greater standard of care. The rule change involves lowering the bar for indemnification of fund managers to "ordinary negligence" from "gross negligence." "It would monumentally change the relationship between fund managers and investors," said Marc Elovitz, partner and chair of the regulatory practice at Schulte Roth & Zabel, in an interview for the Delivering Alpha Newsletter. And investment managers are going to have a hard time protecting themselves from being on the hook for those risks." However, ILPA said that, "an ordinary negligence standard as applied to breach of contract would assure meaningful progress."
Persons: Marc Elovitz, Schulte Roth, Zabel, Schulte's Elovitz, ILPA, Gary Gensler Organizations: New York Stock Exchange, Securities and Exchange, Alpha, Institutional Limited Partners Association, SEC, Fund Advisers Locations: New York City
A Colorado man says he was fired from King Soopers grocery store after filming a shoplifting incident. As it happens, King Soopers' parent company, Kroger, has a policy against engaging or interfering with shoplifters. Burrola told the Denver CBS affiliate he was suspended when he arrived for his next shift and fired the following week. A spokesperson for King Soopers did not respond to Insider's request for comment on this story. "I hope this changes the policy," Burrola told CBS regarding Kroger's stance, "and gives power back to retail workers like myself."
Persons: King, , Santino Burrola, Burrola, Snoop Dogg, King Soopers, Soopers, Jorge Pantoja, Bugsy, Pantoja, Robert, Calvin McDonald, Burrola's, who's, Dominick Reuter Organizations: Kroger, Service, Samsung Galaxy, Chevrolet Trax, Father's, Denver CBS, Arapahoe County Sheriff, CNBC, CBS Locations: Colorado, Denver, Arapahoe County, Georgia, Florida
SHANGHAI/HONG KONG, July 6 (Reuters) - Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. New premiums collected on Hong Kong insurance policies leapt a staggering 2,686% to $9.6 billion in the first quarter of 2023. "The burst of insurance buying in Hong Kong reflects a gloomy domestic outlook, and worries about an uncertain future." "Offshore demand for policies denominated in Hong Kong dollars is low – U.S. dollar-denominated policies are more prevalent, to provide access to global asset allocation," said Lawrence Lam, chief executive officer at Prudential Hong Kong. The wealth manager at Noah fears that a sustained rush into Hong Kong insurance risks inviting Beijing's policy tightening.
Persons: Helen Zhao, lurch, Noah Holdings, Lawrence Lam, Hao Hong, Tan Xiaofen, We've, Sami Abouzahr, Samuel Shen, Winni Zhou, Georgina Lee, Summer Zhen, Tom Westbrook, Kim Coghill Organizations: Hong, AIA, HK, Prudential, Manulife, Noah Holdings, Savings, Bank of China, U.S, Prudential Hong Kong, Investment, School of Economics, Management, Beihang University, HSBC, Thomson Locations: SHANGHAI, HONG KONG, Hong Kong, Macau, COVID, U.S, Beijing
The Best Debit Cards for Kids and Teens
  + stars: | 2023-07-02 | by ( Kerri Anne Renzulli | ) www.wsj.com   time to read: +15 min
Banks, credit unions, financial technology companies and even investment firms all offer debit cards geared toward under 18-year-olds. With Greenlight, children receive a physical debit card with their name on it. In addition to its abundance of customizable features, Greenlight also rises above other kids debit cards thanks to the educational tools and games included in its app. This is possible because the Step Visa Card is not technically a debit card, though it functions very similarly. How we pickedTo pick Buy Side from WSJ’s Best Debit Cards for Kids and Teens, we looked at card options available to those under the age of 18, including prepaid debit cards, checking account-linked debit cards, secured credit cards and brokerage account-linked debit cards.
Persons: Kerri Anne Renzulli, they’ve, Banks, we’ve, Greenlight, Chase, it’s, Side’s, , Equifax, Roth Organizations: Community Federal Savings Bank, Capital, Teens, Chase, Teen, Fidelity, Learning, Kids
His death, caught on video, has reignited longstanding complaints by poor and racially mixed urban communities of police violence and racism. Interior Minister Gerald Darmanin said early on Saturday that 270 people had been arrested on Friday night, bringing the total to more than 1,100 since unrest ignited. In Lyon, France's third-largest city, the gendarmes police force deployed armoured personnel carriers and a helicopter to quell the unrest. Darmanin asked local authorities across France to halt bus and tram traffic from 9 p.m. (1900 GMT) and said 45,000 officers were being deployed, 5,000 more than on Thursday. In Paris, police cleared protesters from the iconic central Place de la Concorde square on Friday night after an impromptu demonstration.
Persons: Nahel, Juan Medina, Macron, Emmanuel Macron, Gerald Darmanin, France's, Benoit Payan, Darmanin, we're, Snapchat, Mohamed Jakoubi, Enzo Santo Domingo, Ravina Shamdasani, Laurent, Franck Lienard, didn't, Lienard, Jacques Chirac, Dominique Vidalon, Marc Leras, Jean, Stephane Brosse, Pascal Rossignol, Elizabeth Pineau, Layli Foroudi, Gabrielle Tetrault, Farber, Charlotte Van Campenhout, Alison Williams, Sandra Maler, Dan Wallis, Cynthia Osterman Organizations: REUTERS, Government, Marseille, TF1, French soccer, Stade de France, de, Meta, Twitter, Thomson Locations: Nanterre, Paris, France, PARIS, Marseille, Lyon, Toulouse, Strasbourg, Lille, Spanish, Bilbao, Brussels, Aubervilliers, U.S, Geneva, Amsterdam
France riots: Public transport curtailed after rage over shooting
  + stars: | 2023-06-30 | by ( ) www.cnbc.com   time to read: +3 min
A burned bus is seen at the Aubervilliers bus terminal, north of Paris following police three days after a 17-year-old boy was shot in the chest by police at point-blank range in Nanterre, Paris, France on June 30, 2023. France asked all local authorities to halt public transport early on Friday evening in a desperate attempt to restore order after rioters torched buildings and cars in a third night of rage sparked by the police shooting of a teenager. In the southern city of Marseille, France's second-largest, authorities banned public demonstrations set for Friday, and encouraged restaurants to close outdoor eating areas early. Rights groups allege systemic racism inside law enforcement agencies in France, a charge Macron has denied. The interior ministry said 79 police posts were attacked overnight, as well as 119 public buildings including 34 town halls and 28 schools.
Persons: Elisabeth Borne, Gerald Darmanin, Emmanuel Macron, France's, Mohamed Jakoubi, Macron, Darmanin, Agnes Pannier, Runacher Organizations: Rights, Energy Locations: Paris, Nanterre, France, Marseille, Lyon, Pau, Toulouse, Lille, Algerian, Brussels
But officially colour-blind France has long refused to acknowledge any racial factor was at play. "From that point on, unions were involved in everything that's co-managed, including the managing of human resources," he told Reuters. But these fines are rare and rights groups say police officers often end up with light sentences, fuelling a sense of impunity. A rise in lethal police shootings over the last few years has been linked to a law reform in 2017, which broadens the circumstances in which an officer can use their firearm. "It is completely vague, and it allows to shoot much more freely," said Caille of the left-wing CGT police union.
Persons: Cedric Mas, Olivier Cahn, that's, " Cahn, Christophe Castaner, Gerald Darmanin, Franck Louvrier, Nicolas Sarkozy, Darmanin, Ravina Shamdasani, Anthony Caille, , Sebastian Roche, Michel Rose, Angus MacSwan Organizations: Rights, Twitter, Cergy University, Reuters, Socialists, United Nations, Police, CGT Police, of, Society, CGT, Thomson Locations: PARIS, Britain, France, United States, Paris, Moroccan, – France, U.S, Nice
More established streamers have had the most success growing their ad tiers. The findings come as Apple TV+ is rumored to be planning to join the other major streamers in chasing video advertising. Apple hired ad exec Lauren Fry earlier this year to build out the business, The Information reported, stoking speculation about its ad plans. And the streamers that have had an ad-supported tier for a while may have a first-mover advantage, the Antenna data suggests. AntennaNetflix and Disney+, meanwhile, whose ad tiers are the newest — having launched late last year — have only 2% and 5% of their subscribers opting for ads, respectively.
Persons: Peacock, Lauren Fry, Hulu, Discovery's Max, Jonathan Carson Organizations: Hulu, Apple, Paramount, Warner Bros, Netflix, Disney Locations: Hulu
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