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☆ Tigers' Reese Olson aims to maintain mastery of Twins
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 16 - The American League Central-leading Minnesota Twins will try to complete a two-game series sweep of the Tigers on Wednesday afternoon in Minneapolis. Olson is just 2-5 with a 4.45 ERA in 13 career games (10 starts) but has handled the Twins easily. The homer to right-center off reliever Will Vest was Wallner's ninth of the season and his first major league grand slam. It was the longest grand slam hit by a Twin during the Statcast era (since 2015). Wallner's grand slam took some of the spotlight away from Detroit's Miguel Cabrera.

Persons: Reese Olson, Olson, Rocco Baldelli, Baldelli, Kenta Maeda, Maeda, Riley Greene, Matt Wallner, Will Vest, Wallner, Detroit's Miguel Cabrera, Cabrera, Gary Sheffield, Mel Ott Organizations: American League Central, Minnesota Twins, Tigers, Detroit, Minnesota, Twins, Thomson Locations: Minneapolis, Detroit, Minnesota, Wallner, Forest Lake, Minn

☆ Roku shares set for biggest daily percentage gain in four years
▼ + stars: | 2023-07-28 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +1 min

NEW YORK, July 28 (Reuters) - Shares of video streaming company Roku Inc (ROKU.O) jumped 25% on Friday and were on track for their biggest daily percentage gain since May 2019 after the streaming device maker gave an upbeat quarterly revenue forecast. Roku's stock was last up 25.3% at $85.45 in afternoon trading and has more than doubled so far this year. Meta shares were up about 4% on Friday while Alphabet was up about 3%, helping to drive a roughly 1% gain in the S&P 500 index (.SPX). Several brokerages raised their price targets on Roku after the news, including D.A. Roku said it added 1.9 million "active accounts" from the previous quarter to now reach 73.5 million.

Persons: Roku's, Davidson, OTT, Roku, Caroline Valetkevitch, Lance Tupper, Susan Heavey Organizations: YORK, Roku Inc, Meta, D.A, Thomson

☆ Roku shares notch biggest daily percentage gain in four years
▼ + stars: | 2023-07-28 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +1 min

NEW YORK, July 28 (Reuters) - Shares of video streaming company Roku Inc (ROKU.O) jumped about 25% on Friday and were on track for their biggest daily percentage gain since May 2019 after the streaming device maker gave an upbeat quarterly revenue forecast. Roku's stock was last up 25.1% at $85.31 in midday trading and has more than doubled so far this year. Meta shares were up about 4% on Friday while Alphabet was up about 3%, helping to drive a roughly 1% gain in the S&P 500 index (.SPX). Several brokerages raised their price targets on Roku after the news, including D.A. Roku said it added 1.9 million "active accounts" from the previous quarter to now reach 73.5 million.

Persons: Davidson, OTT, Roku, Caroline Valetkevitch, Lance Tupper, Susan Heavey Organizations: YORK, Roku Inc, Meta, D.A, Thomson

☆ ‘You Knew Who the Hall of Famers Were’
▼ + stars: | 2023-07-21 | by ( Tyler Kepner | More About Tyler Kepner | ) www.nytimes.com time to read: +1 min

Sometimes, a new Hall of Fame class fits neatly together in baseball history. Jimmie Foxx and Mel Ott, 500-homer sluggers in the shadow of Babe Ruth, went in together in 1951. Johnny Bench and Carl Yastrzemski, one-city institutions who met in a sublime World Series, took their turn in 1989. Both reached the World Series twice, winning once. More than anything else, the pairing of McGriff and Rolen is a powerful reflection of the changing standards for baseball’s highest honor.

Persons: Jimmie Foxx, Mel Ott, Babe Ruth, Johnny Bench, Carl Yastrzemski, Reggie Jackson, Fred McGriff, Scott Rolen, McGriff, Rolen Organizations: of, Star, Contemporary Baseball

☆ Analysts say Netflix investors should 'buy the pullback,' as password sharing 'supercharges' subscriber growth
▼ + stars: | 2023-07-20 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Wall Street analysts were positive on Netflix after its latest subscriber additions and largely dismissed concerns of that the monetization of paid sharing is too slow. The company added 5.9 million subscribers in the quarter in a sign that its password sharing crackdown and advertising tier is generating new subscribers. "2Q review: Password sharing supercharges subs Netflix (NFLX) reported healthy 2Q results, which reflected strong net adds of 5.9mn (vs. guidance of ~1.75mn and our 2.95mn est. ), indicating the initial rollout of password sharing has been very positive," the analyst wrote on Thursday. Wells Fargo's Steven Cahall said investors are "over-exuberant on paid sharing," though he reiterated an overweight rating on the stock.

Persons: Doug Anmuth, Anmuth, America's Jessica Reif Ehrlich, Wells Fargo's Steven Cahall, Needham's Laura Martin, NFLX, OTT, — CNBC's Michael Bloom, Alex Sherman Organizations: Netflix, " Bank, America's, DIS Locations: Wednesday's

☆ Vienna is crawling with Russian spies inviting sources to skiing holidays
▼ + stars: | 2023-07-17 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Vienna, Austria, has become the prime European city for spies, especially from Russia, to set up. Efforts by local politicians to ban spying have been met with delays as Russia's war continues. Austria has expelled only four Russian spies posing as diplomats, while neighbors equipped with more robust laws have expelled over 400 spies since the start of Russia's war, the Times reported. There are 180 accredited Russian diplomats in Vienna, and a third of them are assumed to be spies, per the report. Recently, Chinese, Saudi, Iranian and Israeli spies have also benefitted from the power vacuum in Vienna, the Times reported.

Persons: Vienna's, Egisto Ott, Gustav Gressel Organizations: Service, Times, International Atomic Energy Agency, Washington Post, European Council, Foreign Relations, Austrian, Green Locations: Vienna, Austria, Russia, Wall, Silicon, Ukraine, Russian, Germany, Saudi, Western

The proposal was delivered to the streaming platforms at a June 20 meeting at the Information and Broadcasting Ministry. The government highlighted the need for a "more proactive approach" to ensure that streaming content, "including international content", aligns with a so-called code of ethics, the minutes showed. That code already mandates providers to exercise caution on content that could incite violence or be sensitive for religious reasons. The proposal also comes as streaming giants protest a government order to add 50-second tobacco health warnings in each piece of content, and two years after India ordered the setting up self-regulatory bodies for complaints about streaming content. Suhasini Maniratnam of the Digital Publisher Content Grievance Council, told the gathering pre-censorship could hurt the industry growth and cost jobs, and that given the high volume of content "there is a need to specifically act" against obscene and vulgar content.

Persons: OTT, Anurag Thakur, Thakur, Suhasini, Aditya Kalra, Robert Birsel Organizations: Netflix, Disney, Information and Broadcasting Ministry, Reuters, Media Partners, Amazon, Apple, Industry, Broadcasting, Thomson Locations: India, DELHI, New Delhi, Bengaluru

☆ 'Skiplagging' doesn't always save money — and there could be serious consequences if you're caught, travel expert says
▼ + stars: | 2023-06-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A travel expert said that "skiplagging" didn't guarantee travelers would save money on flights. The travel hack known as "skiplagging", or "hidden city" ticketing, doesn't guarantee that you'll save money on your airfare, according to a travel expert. But Gilbert Ott, the founder of travel site God Save The Points, warned that skiplagging can save money, but depended on your departure point and final destination, he told Insider. American Airlines, United Airlines, and Lufthansa are among a growing list of carriers taking action to combat the practice. United Airlines and travel site Orbitz also tried to sue Aktarer Zaman, the CEO of travel site Skiplagged, in 2014, accusing him of "unfair competition" and "deceptive behavior."

Persons: Gilbert Ott, Ott, skiplagging, Orbitz, Aktarer Zaman, Zaman Organizations: Google, American Airlines, United Airlines, Lufthansa, CNN Locations: Germany, Berlin, Illinois, New York City

☆ Man Missing in Iowa Building Collapse Is Found Dead
▼ + stars: | 2023-06-05 | by ( Amanda Holpuch | Livia Albeck-Ripka | ) www.nytimes.com time to read: 1 min

The body of one of three men missing after the partial collapse of an apartment building in Davenport, Iowa, has been recovered a week after a section of the six-story structure collapsed, a spokeswoman for the city said on Sunday. The spokeswoman, Sarah Ott, said in an email that the body of Branden Colvin Sr., 42, was found on Saturday. He is the first person confirmed to have died in the collapse. Two other men — Ryan Hitchcock, 51, and Daniel Prien, 60 — are still missing since part of the building came crashing down on May 28. The city government said in a statement on Thursday that it believed there was “high probability” that the three men could have been “home at the time of the collapse” and that “their apartments were located in the collapse zone.”

Persons: Sarah Ott, Branden Colvin Sr, — Ryan Hitchcock, Daniel Prien Locations: Davenport , Iowa

☆ Body of man missing in Iowa building collapse found
▼ + stars: | 2023-06-04 | by ( ) www.reuters.com time to read: +1 min

June 4 (Reuters) - The body of a man that had been missing since the partial collapse of a building in Davenport, Iowa, has been recovered, a city official confirmed on Sunday. The body of Branden Colvin Sr. was found on Saturday and his family has been notified, Sarah Ott, the city's chief strategy officer, said in an email. Two other men, 51-year-old Ryan Hitchcock and Daniel Prien, 60, were still missing as of Sunday. Local authorities said last week that the three men still unaccounted for, including Colvin Sr., had a "high probability of being home at the time of the partial building collapse." Colvin Sr.'s son was notified that his father's body had been found on the same day he received his high school diploma.

Persons: Branden Colvin, Sarah Ott, Ott, Ryan Hitchcock, Daniel Prien, Colvin, ” Branden Colvin Jr, Maria Caspani, Lisa Shumaker Organizations: Authorities, CNN, Thomson Locations: Davenport , Iowa, Davenport, Mississippi, Illinois

☆ How to watch CNN’s town hall with Nikki Haley
▼ + stars: | 2023-06-04 | by ( Cnn Staff | ) edition.cnn.com time to read: +1 min

CNN —Republican presidential candidate Nikki Haley will participate in a CNN town hall on Sunday as the field of hopefuls vying for the party’s 2024 nomination continues to grow. Here’s how to watch the town hall with Haley:What time is the town hall? The town hall is set to begin at 8 p.m. The town hall will also be available on demand to pay TV subscribers via CNN.com, CNN apps and cable operator platforms. The town hall is taking place at Grand View University in Des Moines, Iowa.

Persons: Nikki Haley, Haley, Donald Trump, Ron DeSantis, Trump, CNN OTT, Jake Tapper, Tapper Organizations: CNN, Republican, United Nations, GOP, Trump, Florida Gov, CNN.com, Grand View University, Iowa Republicans, Iowa GOP Locations: South Carolina, Washington, Des Moines , Iowa

☆ Everyone in the OTT space is suffering, says Hightower Advisors' Stephanie Link
▼ + stars: | 2023-05-26 | 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 EmailEveryone in the OTT space is suffering, says Hightower Advisors' Stephanie LinkStephanie Link, Rob Sechan, Jenny Harrington, and Jim Lebenthal join 'Halftime Report' to discuss investments in over-the-top media services, the decision to sell Disney, and the future of entertainment stocks.

Persons: OTT, Hightower, Stephanie Link Stephanie Link, Rob Sechan, Jenny Harrington, Jim Lebenthal Organizations: Disney

In an email to staff, its president said the "rise of short-form video" has sparked new challenges. A new round of layoffs at creator startup Jellysmack shows how much short-form video apps like TikTok have disrupted the creator-advertising ecosystem in just a few years. Jellysmack initially grew its business by helping creators repurpose YouTube videos on other ad-supported platforms like Facebook and Snapchat. Last January, it announced it had set aside $500 million to buy rights to older YouTube videos with the goal of making a profit from future ad earnings. It separately runs a creator-finance division called JellyFi, a program to help celebrities become digital content creators, and a division called JellySmash Productions that helps creators make and distribute content speedily.

☆ Creator startup Jellysmack has laid off staffers in the US and France. Here's the email its president sent to employees detailing the reasons behind the cuts.
▼ + stars: | 2023-05-25 | by ( Amanda Perelli | Shriya Bhattacharya | ) www.businessinsider.com time to read: +9 min

Creator economy startup Jellysmack laid off staffers in the US and France on Thursday. The creator economy startup Jellysmack on Thursday laid off staffers in the US and France as part of a larger company restructuring, Insider has confirmed. This news comes shortly after the creator economy startup began hiring for a new M&A leader to help integrate companies that it buys. Jellysmack has had several rounds of layoffs in the last year, and laid of staffers in France in February, as The Information reported. Jellysmack go-to-market 2.0Jellysmack's mission has been to help creators go bigger, by bringing them products, services, and infrastructure that helps them grow.

☆ Trump to appear at CNN town hall in New Hampshire
▼ + stars: | 2023-05-01 | by ( Cnn Staff | ) edition.cnn.com time to read: +1 min

CNN —Former President Donald Trump will participate in a CNN presidential town hall next week in New Hampshire, the network announced Monday. The event, hosted by “CNN This Morning” anchor Kaitlan Collins and airing at 9 p.m. ET on May 10, will feature the former president taking questions from New Hampshire Republicans and undeclared voters who plan to vote in the 2024 GOP presidential primary. The town hall will stream live for pay TV subscribers via CNN.com and CNN OTT and mobile apps under “TV Channels,” or CNNgo where available. The town hall will also be available On Demand beginning Thursday, May 11 to pay TV subscribers via CNN.com, CNN apps, and Cable Operator Platforms.

April 19 (Reuters) - Netflix Inc's (NFLX.O) shares fell nearly 3% on Wednesday after the streaming pioneer forecast current-quarter revenue and profit below Wall Street estimates, hit by a delay in the wider roll-out of its solution to password sharing. The company will now launch paid sharing widely, including in the U.S., between April and June. It reported a rise in subscriber growth in the first quarter in Canada - one of the markets where it has cracked down on password sharing. The move is expected to result in some knee-jerk churn and near-term earnings risks but should ultimately pay off, analysts said. "The next few months will likely be noisy as paid sharing headline risk grows louder, but we'd be buyers of related pullbacks," J.P.Morgan analyst Doug Anmuth said.

☆ Reliance Jio's new 5G plans may impact Bharti Airtel's key metrics- JP Morgan
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, March 23 (Reuters) - The launch of cheaper postpaid plans with unlimited 5G by Reliance's Jio has put rival Bharti Airtel (BRTI.NS) on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries (RELI.NS), launched new postpaid plans last week, starting from 399 rupees ($4.85) that included over-the-top (OTT) packages, forcing Bharti Airtel to roll out similar plans. Analysts kept their "under weight" rating on Bharti Airtel, saying that ARPU expansion for Bharti was at risk and could even reduce over 2024-25 as 5G price wars take place. Both, Jio and Bharti Airtel have been rolling out 5G services across the country. ($1 = 82.2100 Indian rupees)Reporting by Nallur Sethuraman in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ S.Africa's MultiChoice and Comcast to create Africa-wide streaming service
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +1 min

JOHANNESBURG, March 2 (Reuters) - Africa's biggest pay TV company, MultiChoice Group (MCGJ.J), said on Thursday it had entered into an agreement with U.S.-based media conglomerate Comcast (CMCSA.O) to create a pan-Africa video streaming platform. The new streaming service, which will be built on MultiChoice's streaming platform Showmax, will be 70% owned by the company, it said. While MultiChoice has the biggest market share in pay TV in Africa, it has been struggling to penetrate deeper with Showmax due to competition from Netflix (NFLX.O), Amazon's (AMZN.O) streaming service and Disney (DIS.N). With the streaming companies now training their guns on sports rights in Africa, MultiChoice is being threatened in a market in which it has been a leader. The new streaming service will combine MultiChoice's accelerating investment in local content with an extensive pipeline of international content licensed from NBCUniversal and Sky, the company said.

☆ The New Rule of Black-Tie Dressing for Men? Don’t Be Boring
▼ + stars: | 2023-02-18 | by ( Todd Plummer | ) www.wsj.com time to read: +1 min

WHEN LUKE VACHON attended a formal wedding in Hudson, N.Y., a few months ago, he jilted the blah black tux. Instead of wearing a predictable 007-style ensemble like most male guests, the Montreal marketing director, 32, shrugged a relaxed-fit, desert-brown suit over a black linen polo. “It wasn’t my wedding, it wasn’t my moment, but I wanted to be a little different without making a scene,” he said. If you’ve attended a dressy event lately, chances are you’ve spotted guys like Mr. Vachon, who are challenging the tedium of formal attire without going OTT. But starved of dress-up opportunities during Covid, and uninspired by before-times conformity, more guys are thinking outside the tux.

☆ Here are Thursday's biggest analyst calls: Apple, Tesla, Imax, Netflix, Robinhood, Amazon & more
▼ + stars: | 2022-12-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Evercore ISI initiates American Express Global Business Travel Group as outperform Evercore initiated the corporate travel business company with an outperform rating and said it's a beneficiary of corporate travel recovery. AmEx GBT is the leading business to business travel management platform, providing software and services to manage travel, expenses, and events for corporate travel." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it sees a "buying opportunity" for shares of Tesla. Piper Sandler reiterates Tesla as overweight Piper said Tesla could become a key ESG holding. Morgan Stanley reiterates Wells Fargo as overweight Morgan Stanley said the banking giant is a top beneficiary of rate increases. "

☆ India asks Google to stop displaying online betting ads - Mint
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Dec 7 (Reuters) - India has asked Google not to display surrogate ads of overseas betting companies, Mint newspaper reported on Wednesday, citing a person aware of the development in the ministry of information and broadcasting. The letter sent last week to Alphabet Inc's Google India (GOOGL.O) asked the company to immediately drop all advertising, direct or surrogate, from betting platforms like Fairplay, PariMatch, Betway in search results and YouTube, the report said. “After our last advisory on 3 October, TV channels and OTT (Over-the-top) players stopped showing surrogate ads of online betting firms, but it was brought to our notice that many such ads are running on YouTube and Google. We have asked Google to stop this immediately," said a senior ministry official to Mint. read moreReporting by Meenakshi Maidas in Bengaluru; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

☆ Newsmax CEO reveals how he's challenging Fox News for right-leaning viewers, why his network won't endorse candidates, and why his friend Trump shouldn't run in 2024
▼ + stars: | 2022-12-04 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +12 min

Newsmax CEO Chris Ruddy says it challenges Fox News for conservative viewers but also wants Democrats. Ruddy said Donald Trump shouldn't run in 2024 because "he's a guy that doesn't need the presidency." Here's why a media CEO who considers Donald Trump a good friend doesn't think his good friend should run for president again. Let's talk about the Arizona call[during the 2020 election]: Fox News called that election within 20 minutes. I would prefer Trump not run because I don't think it's good for him personally.

The drop is not just because industrial companies are turning down thermostats, they are also shutting down plants that may never reopen. And while lower energy use helps Europe weather the crisis sparked by Russia's war in Ukraine and Moscow's supply cuts, executives, economists and industry groups warn its industrial base may end up severely weakened if high energy costs persist. Reuters GraphicsThe International Energy Agency estimates European industrial gas demand fell by 25% in the third quarter from a year earlier. "We are doing all we can to prevent a reduction in industrial activity," an European Commission spokesperson said in an email. "From Jan. 1, we will be able to switch to oil," company executive Wolfgang Ott said, as the company seeks government help to cushion energy costs.

☆ Oh my gourd! Pumpkin spice trend is a $500 mln industry in U.S.
▼ + stars: | 2022-10-06 | by ( Eric Cox | ) www.reuters.com time to read: +2 min

Oct 6 (Reuters) - From the perennial popularity of Starbucks' Pumpkin Spice Lattes to the annual introduction of creative new pumpkin-related products, like Hefty's already sold-out pumpkin-scented trash bags, the brightly-colored crop seems to hold a special place in the hearts, minds and wallets of Americans. Nielsen data reveals Americans spend about half a billion dollars on pumpkin spice products every year. According to coffee giant Starbucks (SBUX.O), Pumpkin Spice Lattes earned the company its best sales week of all time when the drink was reintroduced to fans on Aug. 30. "Pumpkins also created a nice culture with pumpkin spice donuts, drinks, everything. "But those modern-day traditions actually date back to much older traditions of associating the pumpkin with a small family farm.

☆ I'm a 23-year-old who's saved more than $107,000 by waitressing and bartending in Nantucket and Aspen. Here's what it's like being a seasonal worker.
▼ + stars: | 2022-03-02 | by ( Lauryn Haas | ) www.businessinsider.com time to read: +15 min

Sam Madden, 23, has worked as a nanny, waitress, and bartender in Nantucket and Aspen for six years. I had some money saved to pay for rent because I'd worked at McDonald's and Olive Garden throughout high school. In the main house, there were a bunch of college guys and girls who all worked at the Nantucket Yacht Club, and I thought that their summer looked like so much fun. My manager saw that I had bartending on my résumé from the yacht club and asked if I wanted to start bartending. She lived with a manager of a restaurant called Cru, which is kind of the "It" restaurant on the island.

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