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Search resuls for: "Patience Haggin"


10 mentions found


☆ General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
  + stars: | 2022-11-03 | by ( Suzanne Vranica | Patience Haggin | ) www.wsj.com   time to read: 1 min
Food company General Mills Inc., Oreo maker Mondelez International Inc., Pfizer Inc. and Volkswagen AG’s Audi are among a growing list of brands that have temporarily paused their Twitter advertising in the wake of the takeover of the company by Elon Musk, according to people familiar with the matter. Some advertisers are concerned that Mr. Musk could scale back content moderation, which they worry would lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty at the company as top executives exit and Mr. Musk considers a raft of changes, some of the people said.
☆ Roku Shares Tumble as Streaming-Device Giant Warns of Tough Holiday Season
  + stars: | 2022-11-03 | by ( Patience Haggin | ) www.wsj.com   time to read: 1 min
Roku is the nation’s largest maker of streaming hardware, but it derives most of its revenue from advertising. Roku Inc. said it expected revenue from its two main business drivers—advertising and sales of streaming hardware—to fall in the fourth quarter as macroeconomic conditions pressured both consumers and advertisers to reduce their spending, sending the company’s shares down 18% in after-hours trading. Chief Executive Anthony Wood told investors Wednesday that the coming holiday season was “probably going to be different than the typical holiday season.” He said advertisers including toy marketers were reducing their fourth-quarter ad spending because of uncertainty over a potential recession.
☆ Elon Musk Will Face an Early Twitter Challenge: Preventing Advertiser Flight
  + stars: | 2022-10-27 | by ( Patience Haggin | Suzanne Vranica | ) www.wsj.com   time to read: 1 min
Elon Musk is expected to complete a takeover of Twitter this week, barring a last-minute snag. Madison Avenue isn’t sold on the deal. Advertisers are concerned about the billionaire’s plans to soften content moderation and what they say are potential conflicts of interest in auto advertising, given that he is chief executive of Tesla Inc., say people familiar with the situation.
☆ Elon Musk Says Twitter Won’t Be ‘Free-for-All Hellscape,’ Addressing Advertisers’ Concerns
  + stars: | 2022-10-27 | by ( Patience Haggin | Suzanne Vranica | ) www.wsj.com   time to read: 1 min
Elon Musk is expected to complete a takeover of Twitter this week, barring a last-minute snag. Madison Avenue isn’t sold on the deal. Advertisers are concerned about the billionaire’s plans to soften content moderation and what they say are potential conflicts of interest in auto advertising, given that he is chief executive of Tesla Inc., say people familiar with the situation.
☆ Comcast Takes $8.6 Billion Write-Down on Sky, Reports Revenue Dip
  + stars: | 2022-10-27 | by ( Patience Haggin | ) www.wsj.com   time to read: 1 min
Comcast took an $8.6 billion write-down on its Sky pay-TV operations and posted a dip in third-quarter revenue, as strong growth in the company’s wireless and film businesses was offset by a slowdown at its media segment. The cable and entertainment giant swung to a net loss of $4.6 billion, compared with a profit of about $4 billion in the same period a year ago, mainly because of the write-down. The company said the noncash charge was due to macroeconomic conditions in Sky territories, which are in Europe. Comcast acquired Sky in 2018 for about $40 billion.
☆ New York Times Drops Plans for Kids App
  + stars: | 2022-10-20 | by ( Patience Haggin | Alexandra Bruell | ) www.wsj.com   time to read: 1 min
The New York Times determined that an app for children was no longer a worthwhile investment. New York Times is canceling its plans to launch an app for children, according to an internal email reviewed by The Wall Street Journal. The development of a kids app came as the Times has been increasingly focusing on areas beyond news. It has acquired the sports-media site The Athletic and the popular game Wordle, it has a Cooking app and also has the Wirecutter, a product-recommendation site.
☆ Journal Reports: Leadership
  + stars: | 2022-10-19 | by ( Lisa Ward | Tinglong Dai | Christopher S. Tang | ) www.wsj.com   time to read: 1 min
Improvements are needed to make sure the same ad doesn’t appear too often and to ensure the TV is on when ads are shown, experts say.
☆ Charter CEO Tom Rutledge to Retire After Leading Cable Firm for Decade
  + stars: | 2022-09-21 | by ( Patience Haggin | ) www.wsj.com   time to read: 1 min
Charter Communications Chief Executive Tom Rutledge is retiring from the company he has led for the past decade, a time of acquisitions that transformed the cable operator into the industry’s second-largest company. Charter said Wednesday that Chris Winfrey , its current chief operating officer and former finance chief, would become the company’s next CEO, effective Dec. 1. Mr. Rutledge is to serve as executive chairman until November 2023, when his contract is up, and maintain oversight of Charter’s government affairs.
☆ Charter CEO Tom Rutledge to Retire After Leading Cable Company for Decade
  + stars: | 2022-09-21 | by ( Patience Haggin | ) www.wsj.com   time to read: 1 min
Charter Communications Chief Executive Tom Rutledge is retiring from the company he has led for the past decade, a time of acquisitions that transformed the cable operator into the industry’s second-largest company. Charter said Wednesday that Chris Winfrey , its current chief operating officer and former finance chief, would become the company’s next CEO, effective Dec. 1. Mr. Rutledge is to serve as executive chairman until November 2023, when his contract is up, and maintain oversight of Charter’s government affairs.
☆ Judge Rules Charter Must Pay $1.15 Billion in Damages to Murder Victim’s Family
  + stars: | 2022-09-20 | by ( Emily Glazer | Patience Haggin | ) www.wsj.com   time to read: 1 min
Charter Communications says it will appeal the verdict in the case. A Texas judge ordered Charter Communications to pay $1.15 billion in damages for the murder of one of its customers, sharply lowering an earlier jury award, according to a copy of the judgment reviewed by The Wall Street Journal. In July, a jury held that Charter was responsible for the 2019 robbery and murder by a Charter employee and awarded punitive damages of $7 billion to the victim’s family.
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