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☆ Nate Silver on the 2024 race: 'It's no longer Trump's election to lose.'
▼ + stars: | 2024-08-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +7 min

And when Hillary Clinton lost the 2016 election, after Silver gave her a 71% chance of winning, he became the subject of much (misplaced) scorn. But the rest of the world wants to know who Silver thinks is going to win the 2024 election. It's no longer Trump's election to lose. And so if it's Harris 80/20 and Trump wins, or Trump 80/20 and Harris wins on election day, then that's running some career risk. With hindsight, do you make sense at a big company, or do you think you're better as a solo act?

Persons: —, Nate, Hillary Clinton, Silver, Sam Bankman, Sam Altman —, I'm, Harris, Kamala Harris, You've, it's, we've, She's, Tim Walz, she'd, Biden, It's someone's, Hilary Clinton, Trump, Clinton, It's, it's Harris, you've, … Organizations: Service, NBA, Business, Biden, Trump, Libertarian, Party, New York Times, Disney — Locations: It's

Here's what will likely be topics of discussion during Upfronts week, whether it's on stage, in the audience or in private. That dependsMedia companies just finished reporting quarterly earnings, which showed traditional TV is still lagging behind streaming and digital when it comes to ad revenue. Streaming advertising was up 22% across media companies, and now makes up 18% of total advertising. Tech companies including Snap , Roku , Google and Microsoft each saw digital advertising revenue make a comeback this past quarter. Streaming advertising revenue jumped 70%, but the overall number is much lower — just $175 million.

Persons: Kevin Mazur, David Zaslav, Tim Nollen, Mike Kemp, Bob Iger, YouTube's, Tom Hiddleston, Loki, Peacock, Hugh Johnston, Hulu —, NBCUniversal, LeBron James, Jevone Moore Organizations: Getty, Getty Images Media, Hollywood, Warner Bros, Discovery, Media, Upfronts, Macquarie, Tech, Google, Microsoft, Netflix, Disney, Amazon Prime, Amazon, National Football, YouTube, Nielsen, Comcast, Radio City Music Hall, ESPN, Madison, Warner Bros . Discovery, Max, Fox, Sports, NBA, Los Angeles Lakers, Los Angeles Clippers, Crypto.com Arena Locations: Waterloo, London, United Kingdom, U.S, New York City, Hulu, Los Angeles

☆ Bob Iger reveals when Disney's password-sharing crackdown will go into full effect
▼ + stars: | 2024-04-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

After announcing Disney's plan to crack down on password-sharing in February, CEO Bob Iger finally set the date in a CNBC interview on Thursday. AdvertisementThe new password-sharing terms started getting introduced to existing accounts on March 14, but new subscribers have been subject to the password-sharing rules since January 25. AdvertisementIn addition to cracking down on password-sharing, Iger said Disney plans to make a number of improvements to increase engagement and cut down on marketing costs. Eventually, the company hopes to reach double-digit margins in streaming, Iger said. "Netflix is the gold standard in streaming," Iger said.

Persons: Iger, —, Bob Iger, we'll, Disney, Max Organizations: Disney, Service, CNBC, Netflix, Hulu Locations: Feburary

☆ NATO’s next challenge: How to reverse years of underfunding defense
▼ + stars: | 2024-04-03 | by ( Luke Mcgee | ) edition.cnn.com time to read: +8 min

For over a decade, allies have chronically underspent on defense while the West’s adversaries modernized and bolstered their own military capabilities. Defense spending stayed low across the West not just because of budget pressures, but also because everyone – including the US – was frightened to provoke Russia. However, the nature of NATO allies’ support for Ukraine – much of it direct military support – has exposed the vulnerability that years of underfunding has caused the alliance. Fabian Bimmer/Pool/ReutersThis means that the challenge in front of NATO allies now is not just how can they meet the demand for weapons coming from Ukraine, but how do they reverse years of underfunding their own defenses? Some allies don’t trust that others will be quite so generous with defense spending if the Russia-Ukraine war were to end.

Persons: Vladimir Putin’s, Putin, Volodymyr Zelensky, Murat Kula, ”, ” John Herbst, Antony Blinken, Ulf Kristersson, Andrew Caballero, Reynolds, underfunding, It’s, Herbst, NATO’s, –, Jens Stoltenberg, Olaf Scholz, Fabian Bimmer, Stoltenberg, ” Stoltenberg, Peter Ricketts, Douglas Lute, “ Organizations: CNN, NATO, Turkish, Anadolu Agency, Pentagon, “, Swedish, US State Department, Getty, Ukraine, Rheinmetall, Trump Locations: Soviet, Bosnia, Kosovo, Afghanistan, Iraq, Ukraine, United States, British, Vilnius, Russia, Kyiv, Europe, Germany, AFP, North Korea, Iran, Washington, Unterluess, Baltic, Brussels, Finland, Sweden, NATO

☆ Winter is coming for 'Game of Thrones' freeloaders thanks to Max's password-sharing crackdown
▼ + stars: | 2024-03-05 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

Read previewThe days of watching "Game of Thrones" for free on your brother-in-law's Max account are numbered. Max is the latest streaming service to announce a crackdown on password-sharing. AdvertisementHe specifically referenced Netflix's password-sharing crackdown as one that had been "extremely" successful. Following Netflix's lead, Disney+, Hulu, and ESPN+ (all owned by Disney) also said earlier this year that they would limit password-sharing. Max accounted for a scant 1.3% of streaming viewing in January, behind YouTube, Netflix, Disney+, and others, according to Nielsen.

Persons: —, Max, Perrette, Morgan Stanley, Nielsen Organizations: Service, Bloomberg, Warner Bros, Netflix, Hulu, Disney, Business, Discovery, Morgan, Morgan Stanley Technology, Media & Telecom Conference, ESPN, Max, YouTube, HBO Locations: Hulu

For 74 years, the North Atlantic Treaty Organization has been America’s most important military alliance. Presidents of both parties have seen NATO as a force multiplier enhancing the influence of the United States by uniting countries on both sides of the Atlantic in a vow to defend one another. Donald J. Trump has made it clear that he sees NATO as a drain on American resources by freeloaders. In his 2000 book, “The America We Deserve,” Mr. Trump wrote that “pulling back from Europe would save this country millions of dollars annually.” As president, he repeatedly threatened a United States withdrawal from the alliance. Yet as he runs to regain the White House, Mr. Trump has said precious little about his intentions.

Persons: Donald J, Trump, Mr, “ Organizations: Atlantic Treaty Organization, NATO, freeloaders, White Locations: United States, Europe

BANGKOK (AP) — Shares tumbled in Asia on Thursday following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Exports rose 4.3% while imports sank 16.3% in September and the trade balance swung to a surplus of 62.4 trillion yen ($410 billion). A big threat for the global economy is what oil prices will do to inflation. It rose 2.6% after reporting stronger profit than expected for the latest quarter as its revenue rose after it hiked prices. In other trading early Thursday, the dollar fell to 149.80 Japanese yen from 149.93 yen.

Persons: Australia's, Sensex, ” Yeap Jun Rong, IG, Brent, Morgan Stanley, Gold Organizations: Hamas, Nikkei, Bank of, New York Mercantile Exchange, Dow Jones Industrial, Nasdaq, Netflix, United Airlines, American Airlines, Delta Air Lines, Procter, Gamble, Treasury Department, Federal Reserve Locations: BANGKOK, Asia, Hong Kong, Tokyo, Seoul, Japan, Israel, Bank of Korea, Shanghai, Gaza, Tel Aviv, U.S

The $15.50 per month price for Netflix's most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. The increase left Netflix with about 247 million worldwide subscribers, well above the 243.8 million projected by analysts surveyed by FactSet Research. Netflix has picked up more than 16 million subscribers through the first nine months of the year, already eclipsing the 8.9 million subscribers that it added all of last year. The crackdown also has boosted Netflix’s in another way – current subscribers can share their accounts with someone living outside their households by paying higher monthly fees. The higher prices for Netflix's premium plans also seems likely to divert more subscribers into the ad-supported option.

Persons: it’s, ’, Greg Peters, hasn’t, Harding, Uday Cheruvu, Peters, ” Cheruvu, “, ”, Scott Purdy Organizations: FRANCISCO, Netflix, FactSet Research, Google, Facebook, Microsoft, KPMG Locations: U.S, —, France, Los Gatos , California

☆ Paris Fashion Week: Highlights from the Spring-Summer 2024 runways
▼ + stars: | 2023-10-06 | by ( Samantha Tse | ) edition.cnn.com time to read: +15 min

Meanwhile over at Miu Miu, it was a heartfelt adieu to Fabio Zambernardi after more than four decades with the Prada Group; as in Milan, Miuccia Prada came out and took a bow with him one last time. Pamela Anderson attended fashion week shows sans makeup, as shown here at Vivienne Westwood. At Miu Miu, Sydney Sweeney, Emma Chamberlain, Zaya Wade and Mia Goth made for an eclectic, très-trendy front row; Cate Blanchett appeared at Louis Vuitton alongside Zendaya, who wore a dramatic white double-zipper dress that has gone viral. Issey Miyake continues to explore movement in its runway shows, this season with musicians imitating chirping and other sounds found in nature. Peter White/Getty ImagesOne of the most joyful moments on the Miu Miu runway was the accessory styling.

Persons: Milan —, Peter Do, Helmut Lang, Francesco Risso, Marni, Stefano Gallici, Ann Demeulemeester, “, Sarah Burton’s, Alexander McQueen, Burton, Lee McQueen’s, Magdalena Abakanowicz’s, McQueen, Sarah Burton, Ik Aldama, Alexander McQueen Naomi Campbell, Aldama, Anna Wintour, Tim Blanks, Gabriela Hearst, Chloe, Miu Miu, Fabio Zambernardi, Miuccia Prada, Paris Hilton, Angela Bassett, Fan Bingbing, Jared Leto, Sigourney Weaver, Cher, Usher, Chanel, Riley Keough, Jennie Kim, Blackpink, Pamela Anderson, Vivienne Westwood, JM Haedrich, Pamela Anderson forewent, Issa Rae, Francesco Risso’s, Mugler, Sydney Sweeney, Emma Chamberlain, Zaya Wade, Mia Goth, Cate Blanchett, Louis Vuitton, Zendaya, Jun Takahashi, Victor Virgile, Junya Watanabe, Casey Cadwallader, chiffon, corseted, Rick Owens, Zimmermann, charmeuse, Van Noten, Karl Lagerfeld’s, Victoria Beckham, Kim Kardashian, Kris Jenner, Issey Miyake, chirping, Valentino, FKA, Demna, Cathy Horyn, Guram Gvasalia, Amanda Lepore, Emmanuel Grégoire, Victor Lochon, Glenn Martens, Tweed, Virginie Viard, Bertrand Guay, Gabriela Hearst's, Ik, Hearst, Aitor Rosas Sune, WWD, Isidore Montag, Victoria Beckham Kendall Jenner, David, Romeo, Harper, Peter White, Bingbing, Daniele Oberrauch, Jonas Gustavsson, Karl Lagerfeld's, Miyake, Isabel Marant's, Filippo Fior, Isabel Marant, Jun, Valerio Mezzanotti, Ann Valerio Mezzanotti Junya Watanabe, Miu, Jane Birkin, Julien De Rosa, Gigi Hadid, Caliee Spaeny, Priscilla Organizations: France CNN, Milan, Paris, Prada Group, SAG, Givenchy, Champs Elysee, Louis, LVMH, Getty, Washington Post, Rugby Locations: Paris, France, New York, London, “ Paris, Polish, Brazil, Milan, Hollywood, Balenciaga, AFP, Brooklyn, Van

☆ Netflix is about to report earnings — here's what to expect
▼ + stars: | 2023-07-19 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Netflix reports second-quarter earnings on Wednesday and investors will pay close attention to the streaming giant's crackdown on password sharing, as well as the recently launched ad-supported tier. Here's what analysts are expecting for the quarter, according to Refinitiv:Earnings: $2.86 per share$2.86 per share Revenue: $8.30 billionIn May, Netflix began alerting members about its new sharing policy, which prevents freeloaders from sharing accounts. Netflix saw its subscriber base rise weeks after the rollout, according to a report from Antenna. Investors will also watch for any details Netflix provides on its recently launched cheaper, ad-supported tier. During its pitch to advertisers in May, Netflix unveiled few details about its ad-supported tier, albeit enough to push its stock higher.

Persons: MoffettNathanson, Wells, Steven Cahall Organizations: Netflix, Media, Hollywood Locations: Wells Fargo

☆ The media industry is in turmoil, and that's not changing anytime soon
▼ + stars: | 2023-07-17 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +11 min

All of this turmoil will be on investors' minds as the media industry kicks off its earnings season this week, with Netflix up first on Wednesday. Netflix, with a new advertising model and push to stop password sharing, looks the best positioned compared with legacy media giants. At the top of the list is contending with Disney's TV networks, as that part of the business appears to be in a worse state than Iger had imagined. The labor fight blew up just as the industry has moved away from streaming growth at all costs. Last week's ruling from a federal judge that Microsoft's $68.7 billion acquisition of game publisher Activision Blizzard should move forward serves as a rare piece of good news for the media industry.

Persons: Mike Blake, Bob Iger, Iger, Bob Iger's, Michael Nathanson, SVB, CNBC's David Faber, Nathanson, Producers –, Mark Boidman, Ross Benes, Benes, Comcast's NBCUniversal, Solomon, Boidman, Random, Paramount's Simon, Schuster, Tegna, Jason Anderson, Peter Liguori, Anderson, HBO Max, Homer, Marge Getty Organizations: Guild of America, Netflix, Alliance, Producers, Reuters, Disney, Disney's, Paramount Global, Comcast, Warner Bros, American Federation of Television, Radio Artists, Media, Solomon Partners, CNBC, Hollywood, Intelligence, ABC, Paramount, BET, NBC Sports, USA, Discovery, Activision, Federal Trade Commission, dealmaking, Microsoft, Tribune Media, Max, HBO, Amazon, MGM, Sky, Fox Corp, FOX Locations: Los Angeles , California, U.S, MoffettNathanson, Hulu

☆ Oracle blasts IBM and publicly offers to hire Linux engineers after Red Hat's latest controversial move
▼ + stars: | 2023-07-11 | by ( Julie Bort | ) www.businessinsider.com time to read: +6 min

IBM's Red Hat has caused an uproar in the Linux community with its latest attempt to squash competitors like Oracle that offer clones of its flagship Red Hat Enterprise Linux software. Oracle has also offered its own version of RHEL called Oracle Linux since 2006, and Oracle and Red Hat have had an antagonistic relationship ever since. And, because that new, you-shall-not-share provision violates the spirit of open source (and some question if it also violates open source licenses), there was a predictable backlash from open source advocates. The core of it — known as the kernel — is built by the Linux Foundation, a non-profit that is separate from Red Hat (although Red Hat supports the foundation). On Monday, Edward Screven, Oracle's top engineering leader, published a blog post with head of Oracle Linux development Wim Coekaerts slamming IBM.

Persons: CentOS, Alma, Greg Kurtzer, RHEL, Mike McGrath, We've, McGrath, Kurtzer, it's, we've, CIQ, Edward Screven, Wim Coekaerts, Coekaerts, Screven, Red, Edward Screven Oracle, Taylor Tyson Organizations: Linux, Oracle, Red Hat, IBM, Red Hat Enterprise Linux, Alma Linux, Rocky Linux, Hat, CentOS, Oracle Linux, Red, Linux Foundation, Microsoft

☆ Reddit’s fight with its most powerful users enters new phase as blackout continues
▼ + stars: | 2023-06-16 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

CNN —After nearly a week of mass protests on Reddit directed at its management, the company’s strategy appears to be simple: power through. That approach was reflected Thursday in a series of media interviews conducted by Reddit CEO and co-founder Steve Huffman. In response, some moderators have vowed to put pressure on Reddit’s advertisers and investors. Some 100,000 forums remain open, the company said in a blog post, including 80% of its 5,000 most actively engaged subreddits. In addition, one company administrator said Thursday, Reddit may soon view communities that remain private as an indicator that the moderators of those communities no longer wish to moderate.

Persons: Reddit, Steve Huffman, Huffman, ”, ” Huffman, they’re, Greg Doherty, Omar, ” Omar, “, “ Reddit, They’ve Organizations: CNN, Reddit, Variety, Wynn Las, NPR, NBC News Locations: Wynn Las Vegas, Las Vegas , Nevada

☆ Netflix Might Need Some Freeloaders to Stick Around
▼ + stars: | 2023-05-22 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

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☆ Netflix Freeloaders Really Have to Kick In Now
▼ + stars: | 2023-04-19 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

A Netflix series spotlighted Prince Harry and Meghan Markle, the Duke and Duchess of Sussex. Much now rides on the streaming giant’s ability to get something from your kid’s roommate’s brother. First-quarter results from Netflix on Tuesday were a decidedly mixed bag. But Netflix added only 1.75 million new paid subscribers during the quarter, which was 20% below what analysts had expected. It said subscriber growth in the second quarter would be roughly similar to what it just reported—less than half the 4.1 million net new subscribers analysts were expecting for the period.

☆ Fact Check-Photo shows Israel-Egypt border, not Mexico-Guatemala border fence
▼ + stars: | 2023-03-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

Amidst reports of a migrant rush toward the U.S-Mexico border in March 2023, social media users have circulated a photo of a barricade along Israel’s border with Egypt claiming that it shows a fortified fence that Mexico has built along its border with Guatemala. The photo, accompanied by a description that says, “This is the border fence Mexico has built on their border with Guatemala to keep out freeloaders. The original photograph is more than a decade old and was shot on Feb. 15, 2012, in western Israel, along a 150-mile-long border fence with Egypt. Reuters has reported on Mexico’s struggles to control migrants coming in through its southern border (here), (here), (here), (here). The 2012 photograph shows Israel’s border fence with Egypt and not a structure along Mexico’s border with Guatemala.

☆ I'm 43 and still have $25,000 left to pay in student loans — but now I have to take out more debt to stay in my field. This system is ridiculous.
▼ + stars: | 2023-01-27 | by ( Anne Wen | ) www.businessinsider.com time to read: +6 min

She's paid off 75% of her student loans, but must return to school and add up to $15,000 more debt. I've been paying my student loans this entire timeI've never defaulted on my loans, even through the COVID-19 pandemic. One of my student loans was forgiven through the Perkins Loan system after I spent five years in the profession, but that was only $5,000. I could fall back on my husband, since he's wanted to help me pay off my student loans, but it concerns me. Folks believe the hype and the politicization of what it means to take out student loans, but I've been a law-abiding citizen.

☆ Delta curbs employee access to luxury airport lounges as it struggles with crowding
▼ + stars: | 2023-01-12 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

Delta Air Lines plans to curb employee access to its plush and popular airport lounges next month, its latest attempt to ease crowding. "The employee discount on Delta Sky Club memberships also is discontinued," said the memo, which was seen by CNBC. Complimentary seats on planes are a major perk for airline staff, and they aren't just used for vacation. American and United say they aren't planning similar policy changes for their lounges, though carriers occasionally tweak employee travel policies. For example, those carriers paused certain employee travel perks to London over the summer due to congestion.

☆ Germany calls for global regulation of crypto industry
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +2 min

FRANKFURT, Dec 14 (Reuters) - Germany's top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial stability. Branson said a "crypto spring" may follow what has been a "crypto winter" but that the industry that emerges is likely to have more links with traditional finance, further increasing the need for regulation. "Now is the time for serious cryptocurrency regulation," he said. Regulation of the industry has been loose and patchwork. Last month he said in an interview on the ECB's website that "not all crypto business models are serious".

☆ Italian women divided over the prospect of far-right female premier
▼ + stars: | 2022-09-18 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

ROME — If Italy elects the nation’s first female premier, will its women be delighted or dismayed? Should opinion polls prove on the mark, Giorgia Meloni and the far-right Brothers of Italy party she co-founded less than a decade ago will triumph in the Sept. 25 election. Nothing.”Meloni, 45, is the only main party leader who didn’t join Premier Mario Draghi’s pandemic national unity government in 2021. After populist forces, including two of Meloni’s campaign allies, yanked support for Draghi in July, the former European Central Bank chief’s coalition collapsed, prompting an early election. But she has snapped back at contentions that it wouldn’t be a victory for women if she becomes premier.

☆ În SUA, pe 3 noiembrie, se votează viitorul NATO
▼ + stars: | 2020-10-31 | by ( Marius Ghincea | ) adevarul.ro time to read: +10 min

Într-un cuvânt, Statele Unite sub administraţia Trump se comportă mai degrabă ca o putere revizionistă împotriva propriei ordini globale. În trecut, Trump a declarat că NATO este „învechită”. Ştim din mărturiile acestor oficiali de rang înalt ai administraţiei Trump că preşedintele american a intenţionat, în repetate rânduri, să scoată Statele Unite din NATO. Parteneriatul transatlantic reprezintă garanţia securităţii României, prin NATO şi Statele Unite. O potenţială retragere a SUA din NATO ar produce o criză existenţială pentru securitatea ţării noastre.

Persons: Trump, administraţia Trump, Joe Biden, Biden, . Biden, Donald Trump, John Bolton, John F . Kelly, preşedintele Trump, Europenii Organizations: America First, America, administraţia, NATO, Albă, americani, Casa Albă Locations: Atlanticului, America, Statele Unite, SUA, Statelor Unite, Atlantic, Pentagon, american, Statele Unite ale Americii, Moscova, Europa, Americii, Asia, Washington, Rusia, Turcia, impredictibilă, României

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