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☆ HBO is making it harder to watch John Oliver for free — the opposite of what Comedy Central is doing with Jon Stewart
▼ + stars: | 2024-02-20 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Discovery is delaying "Last Week Tonight" YouTube streaming to push viewers to Max. Every Sunday night, John Oliver hosts "Last Week Tonight" on cable TV. When it plays on YouTube, where HBO runs it without ads, it doesn't make any money. So hoping that making "Last Week Tonight" a little harder to see for free fits pretty easily into that pattern. AdvertisementThe move also runs counter to the way TV networks are treating comedy #content in general.

Persons: Max, —, Jon Stewart, John Oliver, Oliver, — John Oliver, @iamjohnoliver, David Zaslav, I've Organizations: Warner Bros, YouTube, Service, Warner Bros Discovery, HBO, MAX, Netflix, Big, Max Locations: YouTube's

☆ Xbox is now on sale at Target for less than it was on Black Friday
▼ + stars: | 2024-02-17 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewThe Xbox Series S is on sale for cheaper than it was on Black Friday after reports Microsoft would share Xbox exclusives with other gaming platforms. The Xbox Series S, which normally retails at $299, is on sale at Target for $219, or about $80 off. The Series S is already the budget version of the current console, selling at a retail price of $200 cheaper than the Xbox Series X, which boasts higher-level graphics performance and more storage. The deal clocks in even lower than the lowest Black Friday deal for the console, which saw them going for $229.99 on sale at Dell, according to IGN. Sony has sold more than 50 million PlayStation 5 consoles since its release in November 2020, while the Xbox Series S and Series X have sold about 21 million units, IGN reported .

Persons: —, Peter Kafka Organizations: Service, Microsoft, Target, Business, Dell, IGN, Xbox, Sony, Financial Times, PlayStation, Nintendo, Activision Blizzard, Netflix

☆ Why Paramount's problems should worry the rest of the media giants
▼ + stars: | 2024-02-16 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

Paramount is in trouble: The one-time media giant's ad sales are plummeting, and so is its stock price. This week, the day after the company broadcast the Super Bowl to a record-setting number of viewers, it announced companywide layoffs. AdvertisementBut why should you, a person who doesn't work at Paramount, care about the future of the company? But even under the best-case scenario, it would be hard for Paramount or any other traditional media company to survive the transition to streaming and digital. Which is why two of the biggest traditional giants — Time Warner and Rupert Murdoch's Fox — took the opportunity to sell most of themselves in 2016 and 2017.

Persons: Lucas Shaw, they're, Shaw, Sumner Redstone, Redstone's, Shari, — Time Warner, Rupert Murdoch's Fox — Organizations: Paramount, Bloomberg Businessweek, Hollywood, Disney, Warner Bros Discovery, — Time Locations: Silicon Valley, China, Hollywood

☆ Coming to your streamer soon: more ads
▼ + stars: | 2024-02-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Many streamers followed Netflix's lead and launched without ads. But now Netflix and its competitors all offer a lower-priced version with ads. Now many streamers are trying to increase the number of ads they show per hour. AdvertisementRemember when one of the big selling points of streaming was that it meant you weren't seeing ads? This story is available exclusively to Business Insider subscribers.

Persons: —, Max, HBO Max Organizations: Netflix, Service, HBO, Disney, Business

☆ Suddenly, there's real competition for broadband internet
▼ + stars: | 2024-02-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

AdvertisementThere are some people who really, really like Super Bowl ads. I’ve heard for years about the idea that wireless carriers would eventually take on the big broadband companies by selling “fixed wireless” broadband — broadband you can get via 5G airwaves using a box you put in your window instead of relying on cables buried in the ground. If I were, I would know that competition from fixed wireless has been keeping the broadband guys up at night for some time. The broadband guys are happy to tell you why they think their internet is better than the wireless internet the telco guys are selling. But for the moment, we know the cable guys — that is, the broadband guys — are no longer taking the fixed wireless guys for granted.

Persons: —, hadn’t, I’ve, Starry, Craig Moffett, MoffettNathanson, that’s, they’ve, Moffett Organizations: Service, Mobile, Super Bowl, Biden White House, Verizon, Comcast Locations: Boston

☆ Here's why Microsoft is going to let you play Xbox games on rival consoles
▼ + stars: | 2024-02-14 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Big news for (some) video game players: Microsoft is going to stop making you use Microsoft devices to play (some) Microsoft games. AdvertisementVery short summary of the console video game business: It's common for video game hardware makers to also own or license games that are exclusively for their devices. The idea is that a single game (or several games) will be enough reason for a gamer to buy a specific device. Maybe, as Warren reports, Microsoft will also announce new hardware plans at the same time it makes the new software change. But it's hard to see how the games move alone is going to be anything more than Microsoft accepting reality.

Persons: Tom Warren, Mario Kart, I've, It's, Warren Organizations: Service, Microsoft, Sony, Nintendo, Business, PlayStation, Mario, Xbox, Activision, Netflix, Apple, Samsung

☆ ‘The Love Boat’: How a TV show transformed the cruise industry
▼ + stars: | 2024-02-13 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +14 min

‘Greatest product placement’"The Love Boat" centered around the adventures of the crew and passenger on board a luxury cruise ship. “‘The Love Boat’ really created the cruise industry,” Michael L. Grace, who worked as a scriptwriter on the program during the 1980s, told CNN Travel in 2022. During the 1980s, almost 40 new cruise ships were constructed, including Tropicale, from Carnival Cruise Lines and Royal Princess, Princess Cruises’ first purpose-built cruise ship. Princess Cruises“The Love Boat” may also have played a part in the heavy entertainment focus we see on modern-day cruise ships. Outlandish musical performances were often featured on “The Love Boat,” and they proved to be a big hit with viewers.

Persons: we’re, Aaron Spelling, Princess Cruise, Jeraldine Saunders, “, Merrill Stubing, Gavin MacLeod, ” Michael L, Grace, Princess, Caribbean's, ”, Carolyn Spencer Brown, Captain Stubing, Adam Bricker, Bernie Kopell, Julie McCoy, Lauren Tewes, Isaac Washington, Ted Lange, Vicki, Jill Whelan, ” Grace, Everett, Peter Knego, Spencer Brown, Dittrich, Keen, Cruises ’, Princess “, Cruises, Della Reese, Ethel Merman, Carol Channing, Ann Miller, Judi Patterson, Andy, Oriana, Patterson, Greer Garson, Howard Duff, Jill Whelan –, Princess Cruises – Bernie Kopell, Fred Grandy, Ezra Freeman, he’s, ” MacLeod, Joe Raedle, Caribbean’s, Isaac, Ted Lange's, Bret Hartman, Knego, ” Spencer Brown, ” Whelan, Cruise Organizations: CNN, Paramount Plus, Princess Cruises, Princess, Everett, CNN Travel, Cruise Media, Cruises, Carnival Cruise Lines, Entertainment, CBS, Knego, “, Disney Cruise, world’s, Princess Cruises Pacific Locations: Mexico, Royal Caribbean, India, New York, Canada, New England

☆ Expedia CEO on stepping down as CEO: It was a job till I was done doing what I needed to do
▼ + stars: | 2024-02-13 | 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 EmailExpedia CEO on stepping down as CEO: It was a job till I was done doing what I needed to doExpedia CEO Peter Kern joins 'Squawk on the Street' to discuss the company's latest quarter, his decision to resign after four years, and more.

Persons: Peter Kern

☆ Paramount's Super Bowl livestream problems are a warning for Netflix and the new mega sports streamer
▼ + stars: | 2024-02-12 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Paramount, which broadcast and streamed the game to what was probably the biggest audience in the game's history. And Paramount, whose Paramount Plus livestream conked out for some users, who took to the internet to complain. AdvertisementWithout more detail from Paramount, it doesn't make sense to speculate about the cause of Paramount's problems. Like Netflix, which struggled to show a live episode of "Love is Blind" less than a year ago.

Persons: —, Taylor Swift, Robert F, Kennedy Jr, ESPN's, it's, Roger Lynch, Lynch, Condé Nast, Comcast's Peacock Organizations: Service, Kansas City Chiefs, Paramount, San Francisco 49ers, Business, HBO, Big Tech, Netflix, NFL

☆ Jon Stewart is coming back to a broken TV landscape
▼ + stars: | 2024-02-12 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

Welcome back to TV, Jon Stewart. But since Stewart left in 2015, the "Daily Show" audience has gotten very small, and very old. So here, to spell it out, are three charts from Nielsen showing the decline of prime-time TV, the decline of late-night TV, and the fact that the people who still watch conventional TV are … not young. Big picture: Conventional TV used to attract 103 million people a night back in 2015. Here's what has happened to average viewership across prime-time TV — including both broadcast and cable networks — since 2015.

Persons: Jon Stewart, Stewart, —, Trevor Noah, Stewart's Organizations: Nielsen

☆ New York Democrats are worried about Tuesday’s special election. They have good reason to be
▼ + stars: | 2024-02-11 | by ( Gregory Krieg | Veronica Stracqualursi | ) edition.cnn.com time to read: +16 min

But as the special election to succeed the disgraced former congressman has made painfully clear to Democrats, Santos’ victory was not a fluke or anomaly. (Less so 40 years ago, when Republicans ran roughshod here and Ronald Reagan alluded to Nassau County as a Republican’s idea of heaven.) Nassau County in 2024 is sharply divided and – in a word – angry. The year before, Democrat Laura Curran, the top official in Nassau County, was ousted by Republican Bruce Blakeman. But more liberal New York Democrats often point to the current problems as Cuomo’s legacy.

Persons: Republican George Santos ’, Santos ’, –, Tom Suozzi, Ronald Reagan, Joe Biden’s, Donald Trump, ”, Alyssa Cass, “ George Santos, Chuck Schumer, Laura Curran, Republican Bruce Blakeman, Santos, Hakeem Jeffries, “ Hakeem, “, he’s, Jay Jacobs, Jeffries, it’s, ” Jacobs, ” Curran, there’s, ” It’s, Curran, Suozzi, doesn’t, Andrew Cuomo, Jacobs, Cuomo, Kathy Hochul, ’, Mazi Pilip, Peter King, Adam Gray, Tom, Larry Levy, ” Levy, I’m, Joe Cairo, Mazi, it’s …, Mike Florio, Pilip, mailers –, Biden, Greg Abbott, George Santos ’, ” Suozzi, Trump, Alexandria Ocasio, Ilhan Omar, Ayanna Pressley, Rashida, unvetted ”, Roe, Wade, Court’s Dobbs, we’re, it’ll, Jim Fornaro, aren’t, ” Fornaro, “ I’m, bummed, “ Suozzi, Nestor Oginar, Suozzi canvassers Rachel Klein, Stephanie Visconti, ” Klein, ” Visconti, Stephanie Visconti's Organizations: New York CNN, Democrats, Republican, Congressional, Republicans, Democratic, Biden, Trump, GOP, New York Democrats, Democrat, Nassau County Democratic, CNN, Grassroots, New York City Hall, New York Rep, Bloomberg, Getty, National Center for Suburban Studies, Hofstra University, Nassau County Democrats, Democratic Party, Nassau County GOP, New York Post, Long Islanders Builders Institute, Psychiatric, Republican Gov, ICE, George Santos ’ volleyball, Senate, Suozzi, Long, Engage Locations: Plainview, New York, Long, Nassau County, Glen Cove, American, “, Long Island, ”, York, Nassau, Massapequa , New York, Suozzi, Israel, ” Cairo, Pilip, it’s … Montgomery, Bucks, Pennsylvania, Oakland County , Michigan, America’s, New York City, York City, Queens, Texas, Cortez, Macedonian, North Carolina, New Hyde

☆ Stocks making the biggest moves premarket: PepsiCo, Cloudflare, Pinterest, Expedia and more
▼ + stars: | 2024-02-09 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Cloudflare — Shares surged 27% after the cloud services provider topped analysts' expectations in its fourth quarter. Cloudflare reported adjusted earnings of 15 cents per share on revenue of $362 million. Expedia reported earnings of $1.72 per share on revenue of $2.89 billion, higher than the $1.68 on $2.88 billion analysts had expected. Illumina — Shares dropped 4% even after the company reported fourth-quarter results that topped expectations, according to FactSet consensus estimates. Take-Two also reported adjusted earnings of 71 cents per share, slightly missing the FactSet consensus estimate for 72 cents earnings per share.

Persons: Cloudflare, LSEG, Pinterest, Expedia, Peter Kern, Ariane Gorin, CleanSpark, ClearnSpark, Illumina, Bill Holdings, Bill, — CNBC's Michelle Fox Lisa Kailai Han, Jesse Pound Organizations: PepsiCo, Revenue, Pepsi, FactSet . Revenue, United Airlines —, ISI, Newell, Newell Brands, FactSet

☆ Expedia shares plunge on weak air travel bookings and news the CEO is stepping down
▼ + stars: | 2024-02-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

Expedia shares sank 19% on Friday after the company saw softness in air travel bookings and its CEO resigned. While delivering an earnings-per-share beat and in-line revenue in the fourth quarter, bookings fell short, "largely driven by a reduction in average ticket prices" for air travel, management said during its post-earnings conference call. Investors also received the unexpected news that Expedia CEO Peter Kern will be stepping down after four years at the helm. While Expedia stock didn't look good, Cramer acknowledged that management led by Kern "has done a great job" in bringing the company out of Covid when nobody was traveling. EXPE 5Y mountain Expedia 5 years Expedia said it sees "some softness in prices across categories" in 2024, and it expects "growth rates across the world to decelerate."

Persons: CNBC's Jim Cramer, Peter Kern, Kern, Ariane Gorin, Cramer, Expedia Organizations: Microsoft, CNBC Locations: Covid

☆ The Super Bowl is still definitely happening at 6:30 ET — and we're still writing these stories?
▼ + stars: | 2024-02-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

The Super Bowl starts at 6:30 p.m. Eastern on Sunday when the Kansas City Chiefs play the San Francisco 49ers. CBS will broadcast the event, which will be played at Allegiant Stadium in Las Vegas, Nevada. Doesn’t matter: Publishers around the world are putting up versions of this story, anyway — with the same keyword-laden text. AdvertisementAs I’m typing this, NBC is currently Google’s top-ranked search result for “What time is the Super Bowl," followed by CBS , which — again — is actually broadcasting the event. And yes: One reason that publishers do these things is because “What time is the Super Bowl?” is a query many people have.

Persons: Taylor Swift, They’ve, —, There’s, I’m, St . Paul, we’re Organizations: Super, Kansas City Chiefs, San Francisco 49ers, CBS, Allegiant, Publishers, Business, NBC, Kentucky’s, Hearst, New York Times, Google, St ., St . Paul Pioneer Press Locations: Las Vegas , Nevada, Louisville

☆ The biggest winners and losers from the new sports streaming service
▼ + stars: | 2024-02-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. ESPN, Warner Bros., and Fox announced plans this week for a new sports streaming service set to launch this fall . That could put an end to cable TV as we know it , Nathan McAlone, Business Insider's deputy media editor, writes. Ashley Rodriguez, BI's media editor, has a breakdown of the six biggest questions about this new sports streamer . Games on YouTubeTV, for example, are noticeably delayed compared to cable TV broadcasts .

Persons: —, Katie Notopoulos, David Jensen, Nathan McAlone, it's, Ashley Rodriguez, Peter Kafka, BI's, Peter, Nathan, Ashley —, We've, Ashley, Fox, Rick Wilking, Reuters Leon Cooperman, Marc Rubinstein, Yi Huiman, Xi Jinping, Jordan Hart, It's, Justin Metz, Blackstone, Bob Iger, Donald Trump, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ESPN, Warner Bros, Fox, ESPN2, ABC, FOX, Peter : Media, Nathan, Warner Bros ., NFL, Cable, Comcast, Paramount, Reuters, Signature Bank, New York Community Bancorp, Securities, Commission, that's, Apple Vision, Microsoft, BI, of Foreign Labor, Apollo, KKR, Bain Capital, Disney, Epic Games, ConocoPhillips, US Locations: New, China, Beijing, New York, London

☆ New sports streamer will change TV as we know it — and may start an industry fight. Execs tell me what they really think.
▼ + stars: | 2024-02-07 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

The new sports streamer that Disney, Warner Bros., and Fox announced Tuesday is a really big deal that could reshape TV . And then they charge the big pay TV distributors a ton to carry their broadcasts of those games. Which may explain why, up until Tuesday, they hadn't told any of the pay TV companies or sports leagues about their plans, industry executives tell me. But if you're the kind of person who's buying an antenna to watch sports TV, you're not going to buy this thing anyway.) Also: The big TV guys didn't like it in 2015 when HBO started competing with them by selling itself as a stand-alone service.

Persons: they're, Nathan McAlone, Nathan, Justin Casterline, Peacock, John W, I'm, Michael Nathanson, —, they'd Organizations: Service, Warner Bros, Fox, Business, NFL, CBS, NBC, Hulu, YouTube, Disney, ESPN, Warner Bros ., Comcast, Sports, McDonough, Getty, NBA, TNT, TBS, DirecTV, Verizon, AT, HBO

☆ ESPN, Fox, and Warner Bros are launching a new sports streaming service. It could change TV forever.
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Now combine them on one streaming service. That's what's coming this fall, via a new joint venture, co-owned by Disney, Warner Bros. AdvertisementPeople who are already watching sports on Disney-owned ESPN and the other channels that are joining the joint venture won't lose access to those games, which will stay on the linear channels. Icon Sportswire/Getty ImagesIt's worth noting that all three TV giants have tried a version of a streaming joint venture before. The company that was formerly known as Time Warner, which is now part of Warner Bros.

Persons: —, That's, Disney's, Fox, Time Warner Organizations: Service, ESPN, ABC, Fox, TNT, TBS, Disney, Warner Bros, Fox Corp, Business, NFL, —, CBS, NBC, Discovery, Hulu, Time

☆ YouTube has become one of the biggest pay TV services in the US
▼ + stars: | 2024-02-06 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

YouTube TV is now the fourth-biggest pay TV service in the US. It's here now: Its YouTube TV offering has become one of the biggest pay-TV services in the US. YouTube TV — which, like conventional pay TV, sells a bundle of dozens of channels — now has "more than 8 million" subscribers, YouTube CEO Neal Mohan announced Tuesday morning. Now comes the other part of the equation: As YouTube TV has grown, conventional pay TV has shrunk. And it's partly because some pay TV providers — like Comcast — have stopped trying to convince customers to keep or get pay TV.

Persons: —, Neal Mohan, there's Organizations: Google, YouTube, Service, Charter, Comcast, DirecTV, NFL

☆ The latest way workers want to upend the workplace is a blast from the past
▼ + stars: | 2024-02-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

What's on deck:This story is available exclusively to Business Insider subscribers. Long considered the bane of white-collar workers' existence, people now view cubicles as a sanctuary instead of a jail cell. AdvertisementCalling for a return to the cubes might seem odd when so many are pushing to evolve the workplace. Experts told Business Insider that a wave of retiring Boomers means the generation will soon be at "peak burden" to the economy. Get in touchAdvertisementinsidertoday@insider.comTo read unlimited articles, subscribe to Business Insider.

Persons: —, It's, Rebecca Zisser, Long, Kelli María Korducki, haven't, Korducki, cubicles, Ken Griffin, Vernon Yuen, Jerome Powell, Donald Trump, buybacks, Tammi Jantzen, Joe Rogan, Both Rogan, BI's Peter Kafka, Jenny Chang, Rodriguez, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Business, Corporate, Citadel, Getty, Federal Reserve, Deutsche Bank, Spotify, Bureau of Labor Statistics, Boomers, Caterpillar Inc Locations: Silicon Valley, Wellington, Astarte, China, New York, London

☆ Apple's Vision Pro is meant to be used when you're alone. You look weird if you wear it in public — at least for now.
▼ + stars: | 2024-02-05 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

Apple thinks you're going to use the Apple Vision Pro by yourself. AdvertisementLast week, Apple debuted its Vision Pro headsets, which meant lots of people took the opportunity to show the world what it looked like to wear Apple Vision Pro. (Heads up: If you call it "The Apple Vision Pro," Apple won't like it .) But a video of yourself wearing an Apple Vision Pro in your house isn't enough to stand out in the Attention Economy. If you really want to get some eyeballs, you need to show yourself wearing the Vision Pro outside.

Persons: Apple, — Organizations: Apple, Service, Apple Vision

It's the kind of obstruction of key policy objectives for which Orbán has become notorious within the European Union. “We are the sand in the machinery, the stick between the spokes, the splinter under the fingernail,” Orbán said in a speech to tens of thousands of supporters in 2021. Now, frustrated EU officials are trying to determine what Orbán seeks to achieve with his obstructionist strategy, and how they might overcome it. But with his veto power, the nationalist leader will have plenty of further opportunities to sow discord within the EU. Widely considered to be Russian President Vladimir Putin’s closest ally in the EU, Orbán has been accused by his critics of promoting Moscow’s interests over those of his EU and NATO allies, and of preparing to lead his country out of the EU entirely.

Persons: —, Viktor Orbán, Orbán, ” Orbán, Donald Tusk, “, ”, Péter Krekó, ” Krekó, “ Orbán, Daniel Freund, Freund, it’s, he's, Donald Trump, Joe Biden, “ He’s, he’s, Krekó, Vladimir Putin’s Organizations: NATO, European Union, EU, Conservative Political, Green, United, U.S, Trump, Germany, Political Locations: BUDAPEST, Hungary, Brussels, Polish, Ukraine, Budapest, Germany, France, Italy, Europe, United States, Washington, Netherlands, Union

☆ I tried the chocolate cake that Ina Garten said is the 'most fabulous' she's ever made, and it's the perfect dessert
▼ + stars: | 2024-02-02 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

Ina Garten doesn't just love Beatty's Chocolate Cake. She said it's "the most fabulous chocolate cake that I've ever made." Garten learned of Beatty's Chocolate Cake from a good friend. "He actually served this cake to me once at dinner and I just begged him for the recipe," Garten said on an episode featuring the cake. Monte Mathews, a friend of Grimm's, shared the story behind the famous cake on his blog Chewing The Fat.

Persons: Ina Garten, Garten, Peter Kramer, Michael Grimm, Beatty, Monte Mathews, Grimm's, Mathews Organizations: NBC, Hamptons Locations: Pennsylvania

☆ Mark Zuckerberg has had quite the week
▼ + stars: | 2024-02-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

In today's big story, we're recapping earnings from three tech giants: Meta, Apple, and Amazon. The big storyMeta's mega-winMark Zuckerberg is smiling: Its profit margins are much improved — and that's partly because of a shrinking headcount. Josh Edelson/AFP/Getty Images ; Isabel Fernandez-Pujol/ BIMark Zuckerberg has had quite the week. It lost $16 billion on the Metaverse in 2023, and Zuckerberg indicated more pain for years to come.) Following the success of Meta's "Year of Efficiency," Zuckerberg said that the company may never go back to large-scale hiring.

Persons: —, Phil doesn't, Zuck, Mark Zuckerberg, Josh Edelson, Isabel Fernandez, Sarah Jackson, Meta, Zuckerberg, BI's Peter Kafka, Peter, Richard Drew, Wall Street's, Rufus, BI's Eugene Kim, Amazon, Aaron Schwartz, Diem, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb Organizations: Service, Apple, Business, Getty, Pujol, Meta, Amazon, Xinhua, Microsoft, Chevron Corporation, ExxonMobil, Cigna Locations: AFP, China, New York, London

☆ Meta warns investors that Mark Zuckerberg's love of extreme sports could kill him
▼ + stars: | 2024-02-02 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Meta CEO Mark Zuckerberg loves extreme sports and other high-risk activities. Now Meta is warning investors that Zuckerberg's risk tolerance could be a problem for the company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta is presumably referring to Zuckerberg's well-documented embrace of all kinds of brotastic fun, including mixed martial arts, hydrofoiling and CrossFit. AdvertisementSo while Meta does take Zuckerberg's well-being very seriously — in 2022 it spent $15 million on personal security for him and his family — it's unlikely they think he's really going to get really, really hurt.

Persons: Mark Zuckerberg, —, Zuckerberg, Meta, Elon Musk, who's, Musk's Tesla, Tesla, he's, Peers, I've Organizations: Service, Meta, SEC, Big Tech, SpaceX, Microsoft, Apple

☆ Spotify needed Joe Rogan. And Joe Rogan needed Spotify. So they're sticking together.
▼ + stars: | 2024-02-02 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

But it's still going to be a major force in podcasting for years to come — because it's hanging on to Joe Rogan. Spotify says Rogan, the most popular person in podcasting, will be sticking around the platform via a "multiyear" contract. AdvertisementAll of this makes a lot of sense, given the way that podcasting — and Spotify's commitment to podcasting — has changed. That backing almost certainly helped keep Rogan with Spotify for another deal. So instead, this deal means Rogan gets a reliable income source, and Spotify gets the best-known name in the industry.

Persons: —, it's, Joe Rogan, Rogan, Rogan's, Meghan Markle, Prince Harry, Alex Cooper, Cooper, Alex Jones, Neil Young, Rogan didn't Organizations: Service, Spotify, Street Journal, Bloomberg, Business, Apple, YouTube, Edison Research

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