DIRS.INFO The most relevant business & tech news

☆ Fox News said its chyron calling Biden a 'wannabe dictator' was immediately taken down and 'addressed'
▼ + stars: | 2023-06-14 | by ( Associated Press | ) www.businessinsider.com time to read: +5 min

A Fox News chyron called Biden a "wannabe dictator" who had his "political rival" Donald Trump arrested. Fox said in a statement Wednesday that "the chyron was taken down immediately and was addressed." Fox did not explain how the message made it onto the screen and how the matter was addressed. While Fox News aired Trump's speech live, MSNBC did not. MSNBC's Rachel Maddow made a similar pronouncement before that network chose not to air Trump's speech live.

Persons: chyron, Biden, Donald Trump, Mediaite, —, Joe Biden, Fox, General Merrick Garland, Jack Smith, Trump, Karine Jean, Pierre, — Trump, Joe Tacopina, Sean Hannity's, William Barr, Jonathan Turley, Tucker Carlson, Carlson, Sara Just, Chris Licht, Jake Tapper, Tapper, It's, It's Mr, Rachel Maddow, Maddow Organizations: Fox, Service, — Fox, PBS, Trump, CNN, Fox News, White, Twitter, YouTube, MSNBC, GOP Locations: New Jersey, Jersey, New York

☆ Fox News sends Tucker Carlson cease-and-desist letter over new Twitter show
▼ + stars: | 2023-06-12 | by ( Daniel Arkin | Diana Dasrath | ) www.cnbc.com time to read: +4 min

Fox News has sent a cease-and-desist letter to Tucker Carlson, alleging that the conservative network's former star anchor breached his contract by launching a new show on Twitter, according to a source familiar with the matter. "Doubling down on the most catastrophic programming decision in the history of the cable news industry, Fox is now demanding that Tucker Carlson be silent until after the 2024 election. The first installment of Carlson's new show, "Tucker on Twitter," debuted June 6. The conflict between Fox News and Carlson comes at an inflection point for the conservative media ecosystem. "Tucker Carlson Tonight," a cornerstone of the Fox News lineup since 2016, was one of the most-watched shows on American cable news.

Persons: Tucker Carlson, Carlson, Harmeet Dhillon, Tucker, Volodymyr Zelenskyy, Donald Trump, Trump, Bernard Gugar, Bryan Freedman —, Carlson —, Fox, Freedman, Tucker Carlson's, Elon Musk Organizations: Fox News, Twitter, Dominion Voting Systems, Fox, Axios, NBC News, Defamation League, America News Network, Trump, Dominion Locations: Ukraine, Russian, Miami

The final leg of horse racing's Triple Crown is set to air today, June 10, with nine horses going to head-to-head at the Belmont Stakes. The Belmont Stakes is the third and final race of the Triple Crown, which also includes the Kentucky Derby and Preakness Stakes. ET; Belmont Stakes post time set for 7:02 p.m. How to watch the Belmont Stakes in the USIn the US, the Belmont Stakes is available to watch on Fox and Fox Sports 1. ET Fox, Fox Sports 1 Belmont Stakes main race June 10, around 7:02 p.m.

Persons: we've, FuboTV, ExpressVPN, Tapit Trice Organizations: Triple, Belmont, Fox, Fox Sports, Triple Crown, Kentucky Derby, Preakness, Hulu, YouTube, Belmont Stakes, Express, Forte Locations: Elmont , New York

☆ Fox News opinion hosts offered up, without hesitation, a full-throated, wall-to-wall defense of twice-indicted Trump
▼ + stars: | 2023-06-09 | by ( Sarah Gray | ) www.businessinsider.com time to read: +3 min

Fox News' coverage of the historic federal indictment of Donald Trump leaned hard into his defense. On Fox News, hosts and guests questioned the documents found in Joe Biden's office and garage. Trump wrote on Truth Social that he was indicted in relation to an investigation into mishandling documents. Trump's relationship with Fox News took a big blow when text messages sent by hosts, now-former hosts, and executives mocking Trump and pro-Trump conspiracy theories were uncovered in Dominion Voting System's defamation suit against the network. "Hannity" was initially going to host Trump's former Vice President Mike Pence, who just entered the 2024 race.

Persons: Donald Trump, Joe Biden's, Trump, —, Hannity, Mike Pence, Hillary Clinton's, Mark Levin, there's Organizations: Fox, Fox News, Service, Dominion, Fox Business, GOP, Biden Locations: Miami

☆ FBI search of home of a journalist and a Tampa Bay councilwoman related to alleged leaks at Fox News: report
▼ + stars: | 2023-05-26 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

The FBI is investigating alleged leaks at Fox News linked to unaired footage of Tucker Carlson's interview with rapper Kanye West. The feds executed a search warrant at the home of a Tampa Bay city councilwoman and her husband, a media consultant and ex-journalist, earlier this month. Potential crimes being investigated include unauthorized computer access and conspiracy, The Tampa Bay Times reported. That's according to The Tampa Bay Times, which reported that as part of the investigation, the FBI executed a search warrant on the home of city councilwoman Lynn Hurtak and her husband, Tim Burke, earlier this month. A Tampa Bay prosecutor sent a letter to Fox News informing the network of the ongoing criminal investigation into the alleged hacks, The Times reported.

Persons: Tucker Carlson's, Kanye, —, Lynn Hurtak, Tim Burke, Burke, Carlson, Jay Trezevant, Fox, Hurtak's, Hurtak Organizations: FBI, Fox News, Kanye West, Tampa Bay Times, Service, Times, West, Voting Systems, Media, America, The Times, Dominion, Tampa Bay, Current Locations: Tampa Bay, councilwoman, Tampa

☆ Enad Global 7 stock jumps after US activist investor pushes for sale
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, May 22 (Reuters) - Enad Global 7 AB's (EG7.ST) stock price jumped 5% on Monday after U.S. activist investor Alta Fox urged the Swedish video game company to explore strategic options, including a possible sale. "EG7 is a high-quality business that remains dramatically undervalued due to no fault of current leadership," Alta Fox's managing partner Connor Haley wrote. Previous management's missteps and the fact that it is not well known outside of Sweden are hurting the company, the letter said. The hedge fund suggested the company, whose stock is listed in Sweden, should relist in the United States in order to buy back shares. ($1 = 10.56 Swedish crowns)Reporting by Svea Herbst-Bayliss; Editing by Conor HumphriesOur Standards: The Thomson Reuters Trust Principles.

☆ Desperate for streaming profits, media giants look to a soft ad market for help
▼ + stars: | 2023-05-20 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +8 min

(AP Photo/Universal Pictures) Photo Credit: Universal Pictures/Tippett StudioAfter spending years amassing streaming subscribers at great cost, media companies now need to make some profits. Look no further for proof of that than the most recent annual Upfronts, the events where media companies like Fox Corp ., Warner Bros. During Disney's earnings call earlier this month, CEO Bob Iger put new emphasis on ad-supported streaming. 'We need ads'There's been an uptick of consumers signing up for ad-supported streaming subscriptions. But media companies are struggling with the question of whether ad-tier subscriptions make up for other losses.

☆ JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox
▼ + stars: | 2023-05-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

German digital insurer Wefox said Wednesday it raised $110 million of fresh funding from backers including JPMorgan and Barclays . The news marks a vote of confidence for the insurance technology space at a time when it faces tough macroeconomic headwinds. Wefox is a Berlin, Germany-based firm focused on personal insurance products, such as home insurance, motor insurance and personal liability insurance. Wefox said it raised the fresh funds through a combination of debt financing and fresh equity. A further of $55 million equity investment was led by Squarepoint Capital, a global investment management firm with $75.7 billion in assets under management.

☆ Elon Musk says Tucker Carlson will be subject to Twitter's fact-checking force, Community Notes. This might be a problem for a TV host whose record on Snopes isn't exactly the cleanest.
▼ + stars: | 2023-05-11 | by ( Hannah Getahun | Lloyd Lee | ) www.businessinsider.com time to read: +6 min

Elon Musk responded by saying anything misleading would be flagged by community notes. Tucker Carlson is moving his show from a traditional broadcasting outlet to Twitter where he will be subject to the social media platform's fact-checking force, Community Notes. The TV host's history of making untrue statements is well documented on third-party fact-checking sites such as Politifact and Snopes. Not every piece of misleading or false information on the platform is publicly marked by a Community Note. When enough people from different points of view rate a note as "helpful," the Community Note will appear, according to Twitter.

☆ Fox bucks ad weakness to top profit expectations
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +1 min

May 9 (Reuters) - Broadcaster Fox Corp (FOXA.O) beat estimates for third-quarter revenue and adjusted profit on Tuesday, as recession-wary companies continued to advertise on its network even as they cut their spending on other marketing channels. Shares of the company rose more than 4% in premarket trading. Total revenue rose 18% to $4.08 billion, inching past analysts' estimates of $4.03 billion, according to Refinitiv data. Fox's ad revenue also surged 43% to $1.88 billion, well past the expectation of $1.67 billion. The upbeat results from Fox, which operates Fox News and a range of sports channels, underscore the cautious approach by advertisers who are mostly buying ad slots on dominant networks given their reach.

☆ Rosenblatt's Barton Crockett on Fox: This is a bigger, more interesting challenge for the network
▼ + stars: | 2023-05-09 | 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 EmailRosenblatt's Barton Crockett on Fox: This is a bigger, more interesting challenge for the networkBarton Crockett, Senior Analyst at Rosenblatt Securities, joins 'Squawk Box' to discuss Fox's quarterly earnings results, the ensuing fallout from the company's Dominion settlement and ouster of Tucker Carlson, and more.

☆ Lachlan Murdoch says there's 'no change to our programming strategy' at Fox News in wake of Tucker Carlson's firing
▼ + stars: | 2023-05-09 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Lachlan Murdoch told analysts Tuesday that "programming strategy" at Fox News wouldn't change. Murdoch, CEO of Fox Corp. and Rupert Murdoch's son, was involved in Tucker Carlson's firing, Insider reported. Media scion and Fox Corp. CEO Lachlan Murdoch told analysts on Tuesday that it would be programming as usual in the wake of host Tucker Carlson's abrupt firing from the network. Murdoch, the son of News Corp. mogul Rupert Murdoch, said on the company's earnings call that "there's no change to our programming strategy at Fox News. Representatives for Fox Corp. and Fox News did not immediately respond to Insider's request for comment ahead of publication.

May 9 (Reuters) - Broadcaster Fox Corp (FOXA.O) beat estimates for third-quarter revenue and adjusted profit on Tuesday, as Chief Executive Lachlan Murdoch affirmed the company’s prime-time programming strategy following its recent $787.5 million settlement with Dominion Voting Systems and dismissal of star host Tucker Carlson. Dominion had sued Fox for $1.6 billion over its coverage of debunked vote-rigging claims about the voting technology firm. Total revenue rose 18% to $4.08 billion, inching past analysts' estimates of $4.03 billion, according to Refinitiv data. Fox's ad revenue also surged 43% to $1.88 billion, well past the expectation of $1.67 billion. The upbeat results from Fox underscore the cautious approach by advertisers who are mostly buying slots on dominant networks.

☆ Fox posts quarterly loss on Dominion settlement despite boost from Super Bowl, Tubi
▼ + stars: | 2023-05-09 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The News Corporation headquarters, which is also home to Fox News, stands in Manhattan on April 18, 2023 in New York City. Fox Corp. reported a quarterly net loss on Tuesday due to the costs related to its settlement with Dominion Voting Systems, despite revenue that was lifted by the Super Bowl and its fast ad-supported streaming service Tubi. Fox notched $4.08 billion in quarterly revenue, up 18% from the same period last year. The company also saw a boost after airing more NFL games during the season and from increased viewership for Tubi. Fox is the top-rated cable news channel, even as prime-time ratings in Carlson's slot have slid since his departure.

☆ Fox News calls on Dominion Voting to investigate the 'inexcusable' Tucker Carlson message leaks
▼ + stars: | 2023-05-07 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

Fox News sent letters to Dominion Voting Systems asking they probe Tucker Carlson message leaks. Fox News' legal team sent letters to Dominion Voting Systems calling on the company to probe whether they leaked internal messages from Tucker Carlson. The letters to the electronic voting company came after multiple news outlets published controversial messages made by Carlson in private. "Leaked material is a cornerstone of journalism"A screenshot from the video of Tucker Carlson asking his makeup artist what women do in the bathroom. "Reporting on newsworthy leaked material is a cornerstone of journalism," Media Matters President Angelo Carusone said in a statement.

May 5 (Reuters) - Fox News on Friday asked lawyers for Dominion Voting Systems to investigate whether they leaked controversial internal messages from ousted Fox host Tucker Carlson that were provided in evidence for their recent defamation lawsuit. The requests, which were made in letters released by Fox, came after multiple news outlets published racist and sexist remarks by Carlson contained in leaked internal messages and recordings. Fox News and its parent company Fox Corp (FOXA.O) said those were given to Dominion as part of the lawsuit, which claimed Fox defamed Dominion by airing false election-rigging claims. Dominion denied the materials came from the company or any of its lawyers. Media outlets including the New York Times reported that the decision came after Fox's board saw Carlson's internal messages.

☆ Fox News' lawyers send cease and desist to stop Media Matters from publishing leaked videos of Tucker Carlson's comments
▼ + stars: | 2023-05-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Fox News' lawyers sent a cease and desist letter to Media Matters over coverage of Tucker Carlson. The letter demands Media Matters stop publishing behind-the-scenes videos of Carlson. Media Matters has shared videos of Carlson making sexist remarks and complaining about Fox. Fox News' lawyers have sent a cease and desist letter to Media Matters for America over its publication of leaked videos showing Tucker Carlson making offensive and embarrassing comments off-air. In other videos, Carlson complained that "nobody watches Fox Nation because the site sucks" and said he'd rather put his interviews on YouTube than on Fox's site.

☆ Windfall tax seizure case in Michigan deepens appellate split on class standing issue
▼ + stars: | 2023-05-02 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +6 min

The county auctioned Fox's property for about $25,000 — and kept the $22,000 difference between the sale price and Fox's tax obligation. But Fox’s class action did not name only Gratiot County as a defendant. Circuit Court disagreed. The 6th Circuit in the Fox case agreed with the 2nd Circuit's holding that trial courts must consider constitutional standing issues ahead of class certification. The Michigan counties that challenged class certification were represented at the 6th Circuit by Douglas Curlew of Cummings, McClorey, Davis & Acho.

☆ Biden attacks news outlets for 'lies of conspiracy and malice'
▼ + stars: | 2023-04-30 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

[1/3] U.S. President Joe Biden addresses the annual White House Correspondents Association Dinner in Washington, U.S., April 29, 2023. Speaking at the annual White House Correspondents' Association dinner, Biden referred to "truth buried by lies," in an apparent reference to false conspiracy theories that his 2020 election win was the result of a massive voter fraud. Lies of conspiracy and malice repeated over and over again designed to generate a cycle of anger and hate and even violence," Biden said. That cycle, Biden added, has emboldened local jurisdictions to ban books, and "the rule of law and our rights and freedoms to be stripped away." Biden said he and his administration were "here to send a message to the country and quite frankly to the world.

☆ How to know if your leadership style is more like Elon Musk or Steve Jobs — and what each of their strengths and weaknesses are
▼ + stars: | 2023-04-30 | by ( Christopher Myers | ) www.businessinsider.com time to read: +11 min

Isaiah Berlin, a prominent 20th-century philosopher and historian, popularized the foxes and hedgehogs metaphor in his 1953 essay "The Hedgehog and the Fox." By understanding this metaphor, modern business leaders can harness the strengths of both foxes and hedgehogs to navigate an increasingly complex and rapidly changing world. Leadership lessons from history: Xerxes and ThemistoclesExamining historical figures through the lens of the foxes and hedgehogs metaphor can provide valuable insights into the strengths and weaknesses of different leadership styles. Modern business titans: Steve Jobs and Elon MuskIn the world of technology and entrepreneurship, Steve Jobs and Elon Musk represent the quintessential hedgehog and fox, respectively. Isaiah Berlin's foxes and hedgehogs metaphor provides modern business leaders with a valuable framework for understanding and implementing effective leadership styles.

☆ Tucker Carlson breaks his silence without addressing why Fox News fired him
▼ + stars: | 2023-04-26 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Tucker Carlson broke his silence on Wednesday night, two days after his unceremonious exit from Fox News. On Monday, Fox News fired Carlson, noting his last show aired on Friday. "FOX News Media and Tucker Carlson have agreed to part ways," the company said in a statement Monday. Vulgar private messages about his colleagues pushed Fox leadership toward letting go Carlson, The Wall Street Journal reported. Executives at Fox found out about the messages on the eve of the trial, according to The New York Times.

☆ Tucker Carlson enraged Fox News by calling an exec the c-word and feuding with its PR department before his ousting, report says
▼ + stars: | 2023-04-26 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Tucker Carlson feuded with Fox News executives before he was ousted, the Wall Street Journal reported. This included calling one senior executive the c-word, sources told the Journal. Former Fox News host Tucker Carlson infuriated network executives before his ousting on Monday, according to a new report from the Wall Street Journal, precipitating his exit. Fox News announced on Monday that Carlson had been dropped from the network, where he was its most-watched prime-time host. And he complained to Fox executives about press coverage, according to the Journal.

☆ Tucker Carlson's next move
▼ + stars: | 2023-04-26 | by ( Aaron Short | ) www.businessinsider.com time to read: +9 min

Tucker Carlson's dismissal signals a new realignment in conservative media. Nobody at Fox "was as connected to the MAGA base as Tucker Carlson," one ex-Trump official said. Whatever the reason, Carlson's dismissal signals a new realignment in conservative media. Last month, Tucker Carlson Tonight was the top-rated program among all news channels with 3.25 million viewers including 421,000 viewers in the coveted age 25-54 demographic. His previous work includes the 2022 profile of Carlson, The Tucker Carlson Origin Story.

☆ Fox announces new unit to house digital businesses
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +1 min

April 26 (Reuters) - Media company Fox Corp (FOXA.O) on Wednesday said it would house its standalone digital businesses under a new unit, Tubi Media Group, along with its news, sports and entertainment digital platforms. Fox's standalone digital businesses include free, ad-supported streaming platform Tubi, which Fox acquired in 2020; Tubi founder Farhad Massoudi will now step down as its chief executive officer. Paul Cheesbrough, who previously served as technology chief and president of Fox's digital unit, will become the CEO of the new division, the company said. On Monday, Fox News Media and its top-rated host Tucker Carlson agreed to part ways, less than a week after parent Fox settled a defamation lawsuit in which Carlson played a central role, for $787.5 million. Fox said Tubi Media Group will announce the new CEO for Tubi Streaming in the near future.

☆ Tucker Carlson's history of alleged workplace sexism stretches back to 2015, long before Abby Grossberg
▼ + stars: | 2023-04-26 | by ( Katherine Long | ) www.businessinsider.com time to read: +10 min

Possible rationales include Murdoch's contempt for Carlson's religiosity and Carlson's insistence on hewing to conspiracy theories about the January 6, 2021 insurrection at the U.S. Capitol. Internal correspondence unearthed in a defamation lawsuit against Fox News showed Carlson used sexist expletives to refer to a female Fox executive and a guest. The company last week agreed to pay $787.5 million to settle a defamation lawsuit brought by Dominion Voting Systems. Carlson was one of many Fox News hosts who promoted false election conspiracies, the subject of the defamation suit, on their shows. Fox News is still facing a similar defamation suit from another voting machine manufacturer.

Search resuls for: "Fox's"

25 mentions found