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On Today’s Episode:Assange Agrees to Plead Guilty in Exchange for Release, Ending Standoff With U.S., by Glenn Thrush and Megan Specia4 Scenarios for Next Phase in Gaza War, With ‘Intense’ Fighting Set to End, by Patrick KingsleyIsrael’s Supreme Court Rules the Military Must Draft Ultra-Orthodox Jews, by Aaron BoxermanSurgeon General Declares Gun Violence a Public Health Crisis, by Ellen BarryJudges Block Parts of Biden’s Student Loan Repayment Plan, by Tara Siegel Bernard and Zach Montague

Persons: Assange, Glenn Thrush, Megan Specia, Patrick Kingsley Israel’s, Aaron Boxerman, Ellen Barry, Tara Siegel Bernard, Zach Montague Organizations: U.S Locations: Gaza

On Today’s Episode:Democrats Lean on Abortion Rights Message for Anniversary of End of Roe, by Katie GlueckFor Biden and Trump, a Debate Rematch With Even Greater Risks and Rewards, by Lisa Lerer, Shane Goldmacher, Jonathan Swan and Maggie HabermanPilgrim Deaths in Mecca Put Spotlight on Underworld Hajj Industry, by Emad Mekay and Vivian NereimGunmen Attack Synagogues and Churches in Russian Republic, by Anton Troianovski and Ivan Nechepurenko

Persons: Lean, Roe, Katie Glueck, Trump, Lisa Lerer, Shane Goldmacher, Jonathan Swan, Maggie Haberman Pilgrim, Emad Mekay, Vivian Nereim, Anton Troianovski, Ivan Nechepurenko Organizations: Biden Locations: Mecca, Russian Republic

☆ Opinion: Destined to be a lame duck
▼ + stars: | 2024-06-23 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. When Biden and Trump meet in a debate on CNN Thursday, expect part of the audience to be wondering exactly who and what will come next. Biden, who’s battling low approval ratings, is sticking with Vice President Kamala Harris, whose polls are also bleak. There were 28, and we’ve had 11 so far this year, Bridget Johnson noted in the first of a CNN Opinion series about America’s preparedness. “It’s a measure of his hold on American society that he’s still revered a half-century later,” wrote Frederic J. Frommer.

Persons: Franklin D, Roosevelt, “, ”, Alexander Wiley of, Adolph Sabath, Sabath, can’t, Joe Biden, Donald Trump —, Biden, who’s, Kamala Harris, Ronald Reagan’s, George H.W, George H.W . Bush, Trump, Julian Zelizer, Zelizer, it’s, Facebook “ Trump, ’ Trump, Hunter Biden, ” Terry Szuplat, Barack Obama, I’ve, that’s, Obama, Dan, ’, don’t, … Don’t, Melinda French Gates, Douglas Heye, Bob Good, Trump Dean Obeidallah, Clay Jones, we’ve, Bridget Johnson, Johnson, “ we’re, Richard Serino, Irma, Maria, Hurricane Maria, Mark Wolfe, ” Drew Sheneman, Anna Bershteyn, Michael Diamond, Roe, Wade, Karen Finney, Jennifer Tucker, Chuck Schumer's, Chuck Schumer, Schumer, he’s, John Kasich, Bill DeBlasio, Donald Trump, Sarah Palin, Biden’s, Jill Filipovic, Walt Handelsman, Luther Terry, Vivek H, Murthy, ” Kara Alaimo, Dolly Parton, Allison Hope, Dolly Parton “, Parton, ” Hope, Ericka Andersen, ’ Andersen, Andersen, Dolly, Nathan B, Baskind, Weeks, Samantha Baskind, Uncle Nate, Nathan Baskind, David, ” Samantha Baskinshe, ” Don’t, Phil Hands, Nadine Pienede, Frida Ghitis, Adam Plowright, Sara Stewart, Andrew McCarthy, Rohit Chopra, Willie Mays Bill Bramhall, Willie Mays, Frederic J, Frommer, ” Frommer, Mays, —, ” Mays, Vic Wertz, It’s Organizations: CNN, Republicans couldn’t, Democratic, GOP, Alexander Wiley of Wisconsin . Rep, Illinois Democrat, New York Times, Trump, Biden, Twitter, Facebook, UFC, Democrats, Braver, Trump Dean, US, FEMA, Hurricane, Ricans, Ledger, Agency, “, Independence, ”, Times, Federalist, Army, Journal, Tribune, New York Daily, Cleveland Indians, New York Giants Locations: Illinois, George H.W ., New York, American, ” “ Ohio, John Kasich , New York City, Donald Trump , Alaska, Switzerland, France, Normandy, Wisconsin, Juneteenth, Haiti, Putin’s, Korea, “

☆ The Future of Streaming (According to the Moguls Figuring It Out)
▼ + stars: | 2024-06-22 | by ( James B. Stewart | Benjamin Mullin | ) www.nytimes.com time to read: +1 min

The same could not be said for their sprawling entertainment businesses. The three men meet occasionally to discuss the state of the industry, and lively disagreements have a been a staple of their discussions. But by the time they met on the yacht, they had all agreed that the money-losing status quo in the streaming business was unsustainable. “There was peace in the valley for a period of time,” Mr. Malone mused in a rare recent interview, recalling the days before video-streaming upended the lucrative cable business. Disney laid off thousands of workers and pushed out its chief executive as streaming losses mounted, and had to fend off a proxy contest from the activist investor Nelson Peltz.

Persons: Brian Roberts, John Malone, Barry Diller, Diller’s, ” Mr, Malone, Nelson Peltz Organizations: Mr, Arriva, Paramount, CBS, Warner Bros, Disney Locations: Jupiter, Fla

☆ Conan O’Brien Doesn’t Matter*
▼ + stars: | 2024-06-21 | by ( Jason Zinoman | ) www.nytimes.com time to read: +2 min

After hosting talk shows for nearly three decades, Conan O’Brien has come to believe that longevity is overrated. “We don’t matter.”Since leaving late-night television in 2021, Conan O’Brien, 61, has become more reflective about life (and death), given to philosophical flights of fancy that he compulsively alternates with comic tangents. O’Brien famously champions the intersection between smart and stupid, but in conversation, what stands out is how quickly he moves between light and heavy. “Being contented comes in little moments, here and there.”The only thing trickier than being a late-night talk show host is being a former one. Since he started writing for “Saturday Night Live” in the 1980s, Conan O’Brien has built one of the most consequential careers in comedy.

Persons: Conan O’Brien, O’Brien, “, ”, Jon Stewart, Johnny Carson, Craig Kilborn, David Letterman, Jay Leno, Bill Hader, Eric André, Nikki Glaser Locations: New York, Los Angeles

☆ 'Quiet vacationing' shows how sad America's work culture has become
▼ + stars: | 2024-06-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at why the rise of "quiet vacationing" shows the depressing state of America's work culture . If you're unfamiliar with the distinction, let me introduce you to a new workplace phrase: quiet vacationing . But Business Insider's Emily Stewart argues workers feeling too stressed to fully take time off is a sad example of America's work culture. The irony is that quiet vacationing could arguably put you in a worse position for your job these days.

Persons: —, Jenny Chang, Rodriguez, Slack, Emily Stewart, Martin Barraud, Wally Pipp, Pipp, Lou Gehrig, Wally Pipped, Alyssa Powell, Steve German, Arizona's, Mohamed El, Erian, China's, Brooks Kraft, They've, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Business, New York Yankees, American League, Yankees, Getty, Partners, Alfa Bank, YouTube, Foo Fighters, BI, Amazon, Bain & Company, Brooks Kraft LLC, Harvard, Hollywood . Media, Dell Locations: Arizona, Miami, China, Beijing, Shanghai, Russia, Hollywood, New York, London

☆ The Quiet Vacationing Trend Is a Sign of America's Broken Work Culture
▼ + stars: | 2024-06-20 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

Now people are taking full-blown holidays while on the job as part of a trend that's been called "quiet vacationing." It's a stark reminder of how broken American work culture is, just in time for summer. Pretending to work when you're not or acting like you're putting in more hours than you do is not a new phenomenon. If you're quiet vacationing and your boss doesn't know, good for you, I guess. Regardless of how up front (or not) employees are, at the end of the day, American work culture is the bad guy here.

Persons: margarita, munches, they're, Rebecca Zucker, they'd, —, it's, overworkers, Malissa Clark, Clark, downshift, Zucker, We're, we're, aren't, doesn't Organizations: Harris, Workers, University of Georgia, Business Locations: sipping, American

☆ Egg-Freezing Fertility Clinics Are Targeting Gen Z; High Storage Costs
▼ + stars: | 2024-06-20 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +14 min

She started researching and found numerous articles preaching the advantages of freezing eggs before age 35 for higher viability in the future. For the first time, egg freezing was an option for younger women worried about their reproductive future. But that also comes with a cost — and Carney doesn't plan to do another round. Other studies have found that there isn't much added benefit to freezing eggs earlier than 30. Fertility clinics have an obvious business case for trying to convince as many people as possible that egg freezing is something they should do.

Persons: Brenna Carney, I'd, Carney, —, ASRM, it's, Gurtin, there's, she'll, Dr, Geeta Nargund, she's, There's, Emily Tiemann, Alex Stewart, Serena Kerrigan, Lala Kent, PitchBook, Kindbody, Yoojin Jang, who'd Organizations: American Society for Reproductive Medicine, Society for, Reproductive Technology, Institute for Women's Health, University College London, —, Apple, Trellis, YouTube, University of California Locations: Texas, New York City, New York, San Francisco

☆ Texas Democrat taking on Ted Cruz dismissed border as ‘right wing echo chamber’ issue amid 2022 migrant crisis
▼ + stars: | 2024-06-20 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +6 min

“I don’t hear a lot about the border here in Dallas, and I’m in a border state. Today, border issues are an even greater concern for Texas voters. In his race to unseat Cruz, Allred is now spending at least $380,000 running an online ad exclusively dedicated to the border issue. To fix it, we have to go after the cartels and fix the border,” Allred says in the ad. Allred has also shifted his rhetoric on a border wall popularized by Trump.

Persons: Colin Allred, who’s, GOP Sen, Ted Cruz, “, Joe Biden, Allred, Trump, –, Biden, – Allred, ” Allred, CBS News ’ Major Garrett, Cruz, “ I’m Colin Allred, we’ve, I’m Colin Allred, I’m, Josh Stewart, Allred –, Pete Sessions, ” Organizations: CNN — Democratic, GOP, Republican, NFL, CBS News ’, Customs, Border Protection, University of Texas, Texas Tribune, Texas, Senate, Facebook, CNN, Democratic, Republicans, Trump Locations: Texas, Mexico, Dallas, Biden’s, Covid, Brownsville, –

☆ Caitlin Clark Is a Rorschach Test for Sports Fans
▼ + stars: | 2024-06-19 | by ( Lindsay Gibbs | ) www.businessinsider.com time to read: +9 min

But nothing that Clark does — or that is done to Clark — is treated as normal. That was just the latest bulletin in a months-long news cycle trailing everything Clark does. ESPN's Stephen A. Smith said WNBA players should go easier on Clark in games if they want to keep up record viewership: "Protect the golden goose." Related storiesThese days, watching Caitlin Clark play basketball has become a Rorschach test for a deeply divided country. Four years ago, WNBA players actually helped flip a Senate seat in Georgia.

Persons: Caitlin Clark, —, Clark, Clark —, Angel Reese, ESPN's Stephen A, Smith, Nikki Haley, Cathy Engelbert, Wilson, Michael Jordan Michael Hickey, she's, we've, Megan Rapinoe, Donald Trump, Brittney Griner, Matt Leinart, Reese, Pat McAfee, Eminem, Chennedy Carter, Carter, That's, I'm, Dijonai Carrington, Carrington vocalized, Emilee Chinn, Sabrina Ionescu, Breanna Stewart, A'ja Wilson, Clark Caitlin Clark, — infantilize, James Boyd Organizations: WNBA, Business, Chicago, CNN, Fox News, ESPN, Olympic, GOP, Chicago Sky, That's, Connecticut Sun, Getty, Black, Nike, The Locations: Iowa, Hollywood, Indiana, America, Georgia, Russia, Chicago, Washington ,, Connecticut

☆ Millennials are losing their cool
▼ + stars: | 2024-06-19 | by ( Emily Stewart | ) www.businessinsider.com time to read: +16 min

Millennials may not be there yet on pants, or at least that's what I, as a millennial, tell myself. The internet is fueling the millennials vs. Gen Z discourse, but underlying it is something deeper: millennials raging against the dying of the light. "It's really beneficial for brands that at least the online discourse has millennials looking to Gen Z for trends. The nature of internet culture, much of which was created by millennials, puts a unique bent on the discourse and how creators and influencers address millennials. Gen Z, be nice to your friendly millennial next door, and vice versa.

Persons: we're, We're, Valeria Penttinen, Julie Erickson, —, Erickson, Michael Miraflor, Hannah Grey, Justin Timberlake's, Claire Tassin, Jean Twenge, Gen X, Silents, they're, X, It's, Penttinen, millennials, Harley Block, Joel Steckel, I'm, that's, Devon Price, Price, Twenge, it's, Miraflor, Gwen Stefani, Martha Stewart, Alpha, Gen, They'll Organizations: Northern Illinois University, Morning, New York University, Starbucks, Loyola University Chicago's School, Professional Studies, Sports Illustrated Locations: Toronto, America

☆ Fewer Microsoft employees think they're getting a 'good deal,' internal survey shows
▼ + stars: | 2024-06-18 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +1 min

Fewer Microsoft employees believe they get a "good deal: from working there. The annual "Employee Signals" survey showed a drop from 69% to 62% in positive responses. AdvertisementFewer Microsoft employees believe they are getting a "good deal" by working at the company, according to results of annual surveys viewed by Business Insider. In Microsoft's annual poll called "Employee Signals," 62% of employees this year answered favorably to a question about whether they get a "good deal at Microsoft (i.e. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Microsoft, Service, Business

☆ Amazon employees slam the company for apparently hosting a private Foo Fighters concert for senior leaders in leaked Slack messages
▼ + stars: | 2024-06-18 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +1 min

Amazon employees criticized the company for holding a private Foo Fighters concert for leaders. Amazon has laid off more than 27,000 people since late 2022 and enforced a strict office mandate. Employees said the exclusive event for senior leaders came amid cuts to their own morale budgets. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmazon employees are roasting the company for apparently holding a private Foo Fighters concert for senior leaders after a tough couple of years of layoffs and cost-cutting, according to internal Slack messages viewed by Business Insider.

Persons: — Organizations: Foo Fighters, Employees, Service, Business

☆ Late Night Latches Onto Donald Trump’s ‘Johnson’ Mix-Up
▼ + stars: | 2024-06-18 | by ( Trish Bendix | ) www.nytimes.com time to read: 1 min

Welcome to Best of Late Night, a rundown of the previous night’s highlights that lets you sleep — and lets us get paid to watch comedy. Here are the 50 best movies on Netflix right now. The Wrong RonDuring a rally on Saturday, former President Donald Trump bragged about passing a cognitive exam before mistakenly referring to his White House doctor, Ronny Jackson, as “Ronny Johnson.”“The sad thing is under MAGA law, his name is now Ronny Johnson,” Jon Stewart said.

Persons: Donald Trump, Ronny Jackson, “ Ronny Johnson, ”, MAGA, Ronny Johnson, ” Jon Stewart Organizations: Netflix

☆ Jon Stewart takes on the upcoming election
▼ + stars: | 2024-06-18 | by ( Michael Wade Sanders | ) edition.cnn.com time to read: 1 min

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☆ Jon Stewart says the POTUS race is boiling down to Biden and Trump accusing the other of 'having soup where there should be brain'
▼ + stars: | 2024-06-18 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +1 min

Jon Stewart came out swinging on Monday about how he thinks the POTUS race has devolved. Stewart said it's now "boiled down to each candidate accusing the other of having soup where there should be brain." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In his Monday monologue on "The Daily Show," Stewart kicked off his segment by giving a "quick state of play." "I guess the election has basically boiled down to each candidate accusing the other of having soup where there should be brain," Stewart quipped.

Persons: Jon Stewart, Stewart, it's, Biden, Trump, —, Jon Stewart isn't Organizations: CNN's Atlanta, Service, Business

☆ Amazon employees slam the company in leaked Slack messages for apparently hosting a private Foo Fighters concert for senior leaders
▼ + stars: | 2024-06-18 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAmazon employees are roasting the company for apparently holding a private Foo Fighters concert for senior leaders after a tough couple of years of layoffs and cost-cutting, according to internal Slack messages viewed by Business Insider. However, a blog post from May 30 suggests the company brought the Foo Fighters — CEO Andy Jassy's favorite band — to a private event for director- and vice-president-level employees. Related storiesThe post and the Slack messages indicate the concert was part of an event called Ops Live for senior leaders in Amazon's global fulfillment network. Level 8, or L8, employees are among the most senior at the company.

Persons: —, Andy Jassy's, Ashley Stewart Organizations: Service, Foo Fighters, Business, Amazon

☆ I compared Martha Stewart's and Ina Garten's BLT sandwiches, and I preferred the recipe with store-bought mayo
▼ + stars: | 2024-06-17 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: 1 min

I usually fry my bacon, but the recipe said to bake it, and I really liked this method. The bacon slices on a wired sheet pan. I placed five strips of bacon on a baking wire rack on a sheet pan and put it in the heated oven. After 20 minutes in the oven, the bacon turned out perfectly crispy. Cooking the bacon on the wire rack was easier than frying it, in my opinion.

Persons: Erin McDowell

☆ Bryson DeChambeau wins U.S. Open, beating Rory McIlroy on a wild Sunday
▼ + stars: | 2024-06-16 | by ( Gabherzig | Hugh Kellenberger | ) www.nytimes.com time to read: +7 min

McIlroy was shown on the NBC broadcast sitting in the scorer’s tent as DeChambeau won the golf tournament, turned and walked out. It is DeChambeau’s second U.S. Open win. @b_dechambeau has this putt left to win the U.S. Open! Advertisement“Probably every hole,” DeChambeau said Saturday night to Golf Channel, moments after shooting a 67 to open up a three-shot lead. Through three rounds at Pinehurst, DeChambeau was 17-for-19 from 4 to 8 feet, per The Athletic contributor Justin Ray.

Persons: — Bryson DeChambeau, DeChambeau, —, Rory McIlroy, McIlroy, Payne Stewart, Bryson DeChambeau's, McIlroy birdied, @b_dechambeau, Vleb6k6PvO, 😱, LIV, o, dou, Dal, ”, ove, ambeau and, Nic, Bob, vic Organizations: U.S ., Pinehurst, NBC, Golf, U.S, uc, fai, pla, MU Locations: PINEHURST, N.C, Pinehurst

☆ I never stay in Las Vegas for more than 2 nights. This is my foolproof itinerary for maximizing a weekend in Sin City.
▼ + stars: | 2024-06-16 | by ( Jill Schildhouse | ) www.businessinsider.com time to read: +6 min

Read previewI've been going to Las Vegas regularly since the early 2000s and have adopted a firm policy to never stay more than two nights. A well-planned weekend trip also makes it possible for travelers to use fewer PTO days — although almost half of US workers don't take all of their paid time off each year anyway. Here's how my cousin and I spent a weekend in Vegas on my most recent trip. Next, we headed to one of the highlights of any trip to Vegas: high tea at the Tea Lounge at the Waldorf. The Tea Lounge at the Waldorf Jill SchildhouseFor dinner, we headed to KYU at Fontainebleau Las Vegas for incredibly flavorful Asian-inspired and wood-fired dishes.

Persons: —, I've, Jill Schildhouse, Cheri, Martha Stewart, Dita Von Teese's, Schildhouse, brunch, KYU, Thomas Keller's, Bobby Flay's Organizations: Service, Business, Flight, Paris Hotel, Eiffel, Sala, COMO Poolside, Bellagio, Waldorf, Fontainebleau Las, Resorts, Paradox Museum Locations: Las Vegas, Sin City, Vegas, Bellagio, Bedford, Paris, Bedford , New York, COMO, Fontainebleau, Fontainebleau Las Vegas, Luxor, Caesar's

☆ Come inside star-studded King’s Foundation awards
▼ + stars: | 2024-06-14 | by ( Max Foster | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +7 min

London CNN —King Charles III was in his element this week as he celebrated a very special moment for his foundation at St. James’s Palace in London. On Tuesday, the 75-year-old monarch attended the inaugural awards of his King’s Foundation, so we thought, why not take our Royal News readers along with us? Now, to rewind for just a moment – King Charles set up the charity back in 1990 when he was still the Prince of Wales. King’s Foundation chief executive Kristina Murrin told CNN that the charity is underpinned by the monarch’s philosophy of working in concert with nature to “build sustainable thriving communities.”King Charles III presents the Harmony Award to Ban Ki-moon, left, the former United Nations secretary-general, at the King's Foundation awards. King Charles III smells a wool sample at the King's Foundation awards.

Persons: London CNN — King Charles III, James’s, King Charles, Prince of Wales, Kristina Murrin, ” King Charles III, Ban, Kirsty Wigglesworth, ” Murrin, Rod Stewart, Penny Lancaster, David Beckham, Sienna Miller, Edward Enninful, Naomi Campbell, Raymond Blanc, King Charles III, we’ve, “, Charles, King, Alan Titchmarsh, ”, Isabelle Pennington, I’d, Beckham, “ we’ll, Murrin Organizations: CNN’s Royal, London CNN, Foundation, Royal News, King’s Foundation, CNN, United Nations, King's Foundation, Dumfries House, King Charles III Harmony, UN, Pipers, National Piping Centre, Rock Choir, King’s, England, Royal Locations: London, St, United Kingdom, Korean, James’s, Edmead, Caribbean, Germany, Iceland

☆ What is the ‘hot rodent’ trend, and how do men feel about it?
▼ + stars: | 2024-06-14 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

It began, seemingly, with a few innocuous social media posts comparing Mike Faist, co-star of the titillating tennis throuple film “Challengers,” to a dormouse. No, he’s Stuart Little, if Stuart Little was hot. “How ‘hot rodent’ men became Hollywood’s sexiest heartthrobs: Gen Z fans are going wild for actors with unusual features including Barry Keoghan, Kieran Culkin and Jeremy Allen White,” read the headline. How do these men — heartthrobs of the moment, even — feel about being categorized as “hot rodents”? “It was clearly not meant as an insult and even though some people would take it as an insult, I mostly felt it was a way of saying that I was cute.”While by no means exhaustive, these responses suggest men feel mostly fine with the “hot rodent” trend.

Persons: Mike Faist, ”, he’s Despereaux, he’s Stuart Little, Stuart Little, Lucy Ford, Faist’s, Josh O’Connor, Barry Keoghan, Timothée Chalamet, Jeremy Allen White, Glen Powell, Kieran Culkin, —, Powell, Jimmy Fallon, “, ” stewart, dooney, “ She’s, Gustav Organizations: CNN, Daily Mail, New York Times, Guardian, London Times, NBC Locations: capybaras

☆ Oracle execs share plans about exiting the ad business in leaked audio
▼ + stars: | 2024-06-13 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +1 min

Oracle plans to phase out its advertising business, with no "catch-all date" for the transition. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOracle executives in an internal meeting said much remains to be decided about its plans to shutter its advertising business, according to audio reviewed by Business Insider. Oracle this week disclosed plans to wind down the business, which brought in just $300 million in the most recent fiscal year, down from $2 billion in 2022. This story is available exclusively to Business Insider subscribers.

Persons: —, Larry Ellison's Organizations: Oracle, Meta, Service, Business

☆ Inside the Abercrombie & Fitch Resurrection: Sales, Stock Are Soaring
▼ + stars: | 2024-06-12 | by ( Emily Stewart | ) www.businessinsider.com time to read: +8 min

If it's any solace, the company was not really for Wall Street, either; its stock has been languishing over the past decade or so. Investors are eating it up: Abercrombie's stock a year ago, your returns would be better than that of almost any other stock, including the Wall Street darling Nvidia. "Can you and I think of another apparel retailer who literally reinvented themselves and then went to the moon with sales and earnings? When its longtime CEO exited the company at the end of 2014, its sales had declined for 11 consecutive quarters. AdvertisementAs opposed to the Abercrombie of 20 years ago, whose logos screamed A&F, the modern Abercrombie is muted.

Persons: Abercrombie, millennials, Gen Zers, Janet Joseph Kloppenburg, Fitch, Fran Horowitz, Zachary Warring, Horowitz, It's, Abercrombie doesn't, it's, " Horowitz, Women's, Kloppenburg, they're, Ali Grant, they've, They've, Emily Stewart Organizations: Abercrombie, Fitch, JJK Research, Outfitters, Netflix, Hollister, CFRA Research, Digital, Banana, Old Navy, Business Locations: cologne

☆ Microsoft is considering a big new software bundle as it works out how to charge for AI, sources say
▼ + stars: | 2024-06-11 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +7 min

The plan focuses on Microsoft 365, a popular suite of productivity software used by thousands of businesses. This is a big risk for the company because Microsoft 365 has been an important source of revenue and growth, even without fancy new AI capabilities. The problem was that Microsoft salespeople started to pitch E5 as the last business software suite that customers would need to buy. AdvertisementA "spiritual successor"The generative AI boom, and Microsoft's early lead here, have increased the chances that a new 365 bundle will emerge soon. Microsoft has new AI tools that it can integrate with 365 and use that to persuade customers to upgrade their software bundle.

Persons: —, Satya Nadella, Jared Spataro's, Microsoft salespeople, it's, Slack Organizations: Service, Microsoft, Business, Microsoft's Productivity, Processes, Sharepoint, European Commission, EU Locations: Capex

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