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☆ Rapid user growth impacting revenue per user, says Reddit CEO Steve Huffman
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRapid user growth impacting revenue per user, says Reddit CEO Steve HuffmanSteve Huffman, Reddit co-founder and CEO, joins 'Closing Bell Overtime' and CNBC's Julia Boorstin to talk quarterly results, user growth, advertising and more.

Persons: Steve Huffman Steve Huffman, Reddit, Julia Boorstin

☆ Why this Olympian is making everyone crave Italian cheese
▼ + stars: | 2024-08-02 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

The Olympics are a spectacle of athleticism, hard work, peak performance – and perhaps, for some, eating parmesan cheese. The 21 year old from Lombardy in northern Italy was sponsored by the Consorzio del Formaggio Parmigiano-Reggiano (Consortium of Parmigiano-Reggiano cheese) in 2021. In one photo, she is hugging a cheese wheel close to her chest. Parmigiano-Reggiano, or parmesan cheese, is most famously made in the hills around Parma, about 65 miles northwest of Bologna. Less visited Parma is the spiritual home of parmesan cheese, however.

Persons: we’ll, Stanley Tucci, Giorgia Villa, Italy’s, –, Villa, Gabriele Seghizzi, al, there’s, Buon Organizations: CNN, intel, Sipa, Reggio, Mantova, Museo Locations: Lombardy, Italy, Emilia, Romagna, Parma, Bologna, Reggio Emilia, Modena, San Petronio, There’s, Soragna

☆ Don Buchwald, Howard Stern’s Loyal ‘Superagent,’ Dies at 88
▼ + stars: | 2024-08-01 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

His death was confirmed by his daughter Julia Buchwald. “Everyone should have a Don Buchwald in their life,” Mr. Stern told The New York Times in a profile of Mr. Buchwald in 2018. “I’d never want to be without him, and I don’t need anyone but him. In 1984, Mr. Stern was a shock jock in a rocky relationship with his bosses at WNBC-AM in New York and in need of more career help than his lawyers could provide. Only Mr. Buchwald was interested, and they agreed to meet.

Persons: Don Buchwald, Howard Stern, Julia Buchwald, ” Mr, Stern, Buchwald, “ I’d, Mr, Buchwald’s, Ed Asner, Tony Curtis, Kim Novak Organizations: The New York Times, WNBC Locations: North Egremont, Mass, New York

☆ Snap shares plunge more than 20% on weak guidance
▼ + stars: | 2024-08-01 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Evan Spiegel, co-founder and CEO of Snap Inc., during the Bloomberg Technology Summit in San Francisco on May 9, 2024. Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts' estimates. The company expects adjusted earnings of $70 million to $100 million, trailing the $110 million average analyst estimate, according to StreetAccount. Pinterest shares tumbled this week after the company reported its latest earnings and provided third-quarter guidance that trailed analysts' estimates. YouTube advertising sales came in at $8.66 billion in the quarter, lower than analysts' expectations of $8.93 billion.

Persons: Evan Spiegel, Meta, Julia Brau Donnelly Organizations: Snap Inc, Bloomberg Technology Summit, LSEG Revenue, LSEG Global, Global, Google, YouTube Locations: San Francisco

☆ Meta's AI spend comes into focus ahead of earnings
▼ + stars: | 2024-07-31 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's AI spend comes into focus ahead of earningsCNBC's Julia Boorstin reports on what to expect from Meta's quarterly earnings results.

Persons: Julia Boorstin

☆ Meta set to report second-quarter earnings after the bell
▼ + stars: | 2024-07-31 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +4 min

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Meta is slated to report second-quarter earnings on Wednesday after the close of regular trading. Meta's ad revenue is projected to show an increase of 19% to $37.6 billion, according to StreetAccount. Heading into Meta's report on Wednesday, the digital ad market has shown some signs of weakness. Alphabet reported lower-than-expected ad revenue out of YouTube last week, and on Tuesday, Pinterest issued disappointing third-quarter guidance, leading to a 15% plunge in the stock after hours.

Persons: Mark Zuckerberg, LSEG, Meta, Zuckerberg, Emily Chang, Sundar Pichai, Pichai, Pinterest, Julia Brau Donnelly Organizations: Meta, Google, YouTube, Labs, Revenue, Quest VR, Microsoft Locations: Menlo Park , California

☆ Megan Thee Stallion and Kamala Harris: The power pantsuit two ways
▼ + stars: | 2024-07-31 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

CNN —Two suits, two women, one message: “Hotties for Harris.” At least that was the phrase scrawled across banners at Kamala Harris’ campaign rally in Atlanta Tuesday night. Minutes later, Harris walked onto her podium to rapturous applause — also in a blue pantsuit. From being endorsed by Charli XCX and co-opting the album of the summer, “Brat,” to capitalizing on the 32.3 million-strong fandom of Megan Thee Stallion, her advisors have been honing in on the 18-27 demographic. Kamala Harris' icy blue suit seemed twinned in a way with Megan's cropped version. It’s hard to picture Clinton signing off on a decision to have Megan Thee Stallion “shake cheeks,” as one fan on Instagram wrote, in a cropped suit at a rally.

Persons: Hotties, Harris, ”, Kamala Harris ’, —, Megan Thee Stallion, Abdul Sall, Donald Trump, Megan Thee Stallion's, Julia Beverly, Charli XCX, Vanessa Friedman, ” —, Megan, Kamala Harris, John Bazemore, Megan isn’t, Harris won’t, Hillary Clinton’s, Bon Jovi, Lady Gaga, Clinton, Megan Thee, Instagram, Gen Organizations: CNN, Democratic, Getty, New York Times, Democratic National Convention Locations: Atlanta, Cleveland , Ohio

☆ Pinterest shares tumble nearly 15% on weak guidance
▼ + stars: | 2024-07-30 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Pinterest said that it had 522 million global monthly active users (MAU) for the second quarter, topping analyst estimates of 520.1 million. Additionally, Pinterest reported second-quarter global average revenue per user (ARPU) of $1.64, in line with analyst estimates. However, the company's YouTube advertising sales were $8.66 billion during that period, coming in lower than analyst estimates of $8.93 billion.

Persons: Bill Ready, Pinterest, we're, Julia Brau Donnelly, Donnelly Organizations: New York Stock Exchange, Analysts, ., U.S, U.S ., YouTube, Meta Locations: New York City, U.S, LSEG, Canada, Europe

The reforms, which will face heavy resistance, are meant to “restore trust and accountability when it comes to the presidency and the United States Supreme Court,” the White House official said. CNN reported this month that Biden was seriously considering endorsing major Supreme Court reforms, actions that liberal lawmakers and groups have been pushing in recent years. The group submitted its report to the White House in late 2021, but the administration did not pursue any of the ideas discussed in the document. The debate over proposed structural changes at the Supreme Court has become deeply partisan, with Republicans widely opposed. He has described the Supreme Court as “out of kilter” and has warned of the impact a second Trump presidency could have on the nation’s highest court.

Persons: Joe Biden, Donald Trump –, Biden, ”, Samuel Alito, Alito, Elena Kagan, Roe, Wade –, Kamala Harris, Trump, Lyndon B, Johnson, MJ Lee, Devan Cole Organizations: CNN, White House, Supreme, Civil, Democrats, Senate, United States Supreme, White, Trump, Liberal, Marquette Law School, Democratic, Committee Locations: Austin , Texas

☆ The latest three-year cruise is running two months late
▼ + stars: | 2024-07-28 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

Now, another company aiming to be the first to produce a round-the-world residential cruise at a reasonable price has delayed departure by two months. Villa Vie Residences was due to depart from Belfast on May 30. But after a couple of unexpected hiccups, the ship – the Villa Vie Odyssey – is still in the Northern Irish city. Villa Vie had bought the ship from Fred. Meanwhile, two people who were part of the Life at Sea management when the cruise was canceled have announced their own rival outlet.

Persons: Mikael Petterson, “, ” Petterson, Petterson, Villa Vie, Fred, Olsen, I’d, ”, we’ll, Kendra Holmes, –, Holmes Organizations: CNN, Passengers, CNN Travel, Villa, Olsen Cruise Lines, Miray Cruises Locations: Belfast, Northern Irish, Braemar

☆ Warner Bros. Discovery sues NBA over matching rights
▼ + stars: | 2024-07-25 | 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 EmailWarner Bros. Discovery sues NBA over matching rightsCNBC's Julia Boorstin joins Money Movers to discuss the latest on the NBA's signing new 11-year media agreements with Disney, NBC, and Amazon.

Persons: Julia Boorstin Organizations: Warner Bros, Discovery, Movers, Disney, NBC

☆ Meta's head of WhatsApp Will Cathcart on platform reaching 100 million U.S. users
▼ + stars: | 2024-07-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's head of WhatsApp Will Cathcart on platform reaching 100 million U.S. usersCNBC’s Julia Boorstin with Meta’s Will Cathcart, joins 'Power Lunch' to discuss Whatsapp data, growth plans and reaching 100 million U.S. users.

Persons: WhatsApp Will Cathcart, Julia Boorstin, Meta’s Will Cathcart

☆ NBA signs new 11-year media agreements with Disney, NBC, and Amazon
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNBA signs new 11-year media agreements with Disney, NBC, and AmazonCNBC's Julia Boorstin joins 'Closing Bell Overtime' with breaking news on the NBA's media agreements.

Persons: Julia Boorstin Organizations: Disney, NBC, Amazon

☆ Netflix's Q2 earnings on deck: Here's what you need to know
▼ + stars: | 2024-07-18 | 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 EmailNetflix's Q2 earnings on deck: Here's what you need to knowCNBC's Julia Boorstin reports on the future of Netflix's ad business.

Persons: Julia Boorstin

☆ Former Activision Blizzard CEO Bobby Kotick on new venture, impact of AI and China trade relations
▼ + stars: | 2024-07-12 | 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 EmailFormer Activision Blizzard CEO Bobby Kotick on new venture, impact of AI and China trade relationsCNBC’s Julia Boorstin and former Activision Blizzard CEO Bobby Kotick join 'Squawk Box' to discuss his latest philanthropic ventures, the impact of AI on the economy and the workforce, the need for a reciprocal trade with China, state of the 2024 election, and more.

Persons: Bobby Kotick, CNBC’s Julia Boorstin Organizations: Former Activision, Activision Locations: China

☆ The NFL is open to private equity team ownership of up to 10%, Commissioner Roger Goodell says
▼ + stars: | 2024-07-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

"We've had a tremendous amount of interest [from private equity firms], and we believe this could make sense for us in a limited fashion, probably no more than 10% of a team. The National Football League is considering allowing minority private equity ownership for its 32 teams of up to 10%, Commissioner Roger Goodell said in an exclusive CNBC interview Thursday. "I think it may be leading to some rethink into the consideration of letting private equity, as an example, or institutional investors into the NFL." Private equity incentives around reaching investment targets and exit thresholds could alter the motivations for ownership in ways that make the bigger sports leagues uncomfortable. Private equity firms, tasked with finding investment vehicles to make returns on their assets under management, may be better suited to minority ownership.

Persons: Roger Goodell, Goodell, CNBC's Julia Boorstin, We've, Josh Harris, Harris, Andrew Ross Sorkin, Magic Johnson, Eric Schmidt, David Blitzer, They're, Ted Leonsis, You'll Organizations: National Football League, Allen & Company Sun Valley, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, NFL, Allen & Co, Sun Valley Conference, CNBC, Apollo Global Management, Washington, Summit, Washington , D.C, NBA, Blackstone Group, Philadelphia 76ers, New Jersey Devils, Women's Soccer League, Washington Capitals, Wizards, Mystics, ESPN Locations: Sun Valley , Idaho, Washington ,

☆ IAC CEO Joey Levin on OpenAI deal, impact of AI and 2024 election
▼ + stars: | 2024-07-11 | 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 EmailIAC CEO Joey Levin on OpenAI deal, impact of AI and 2024 electionCNCB’s Julia Boorstin and IAC CEO Joey Levin join 'Squawk Box' to discuss the state of the company, interest in Paramount, OpenAI deal, impact of AI, state of the 2024 presidential election, and more.

Persons: Joey Levin, Julia Boorstin Organizations: IAC, Paramount

☆ NFL's Roger Goodell: Moving Super Bowl has long been discussed
▼ + stars: | 2024-07-11 | 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 EmailNFL's Roger Goodell: Moving Super Bowl has long been discussedCatch more of Julia Boorstin's interview with NFL Commissioner Roger Goodell. The two sit down in Sun Valley to discuss the future of sports streaming, new rules coming into play this season, and even the possibility of moving the Super Bowl.

Persons: Roger Goodell, Julia Boorstin's Organizations: NFL, Super Locations: Sun Valley

☆ NFL's Roger Goodell on international expansion: Believe the game will be incredibly popular globally
▼ + stars: | 2024-07-11 | 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 EmailNFL's Roger Goodell on international expansion: Believe the game will be incredibly popular globallyCNBC’s Julia Boorstin and NFL Commissioner Roger Goodell joins 'Squawk on the Street' to discuss the fallout from the league's Sunday Ticket lawsuit, NFL ownership rules, impact of Paramount sale on broadcast rights, Netflix streaming deal, international expansion, and more.

Persons: Roger Goodell, Julia Boorstin Organizations: NFL, Paramount, Netflix

☆ Casey Wasserman CEO on NBA TV deals
▼ + stars: | 2024-07-10 | 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 EmailCasey Wasserman CEO on NBA TV dealsCNBC's Julia Boorstin sits down with Wasserman CEO Casey Wasserman on 'Power Lunch' to discuss the Olympics and sports rights

Persons: Casey Wasserman, Julia Boorstin, Wasserman Organizations: NBA

☆ WBD CEO David Zaslav: Over the next year or two we're going to see more media consolidation
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWBD CEO David Zaslav: Over the next year or two we're going to see more media consolidationCNBC's Julia Boorstin talks what she is hearing from top media execs at the Allen & Co. Sun Valley Conference kicks off.

Persons: David Zaslav, Julia Boorstin Organizations: Allen, Co, Sun Valley Conference

☆ SoFi CEO Anthony Noto on state of the economy, product offerings and growth outlook
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoFi CEO Anthony Noto on state of the economy, product offerings and growth outlookCNBC’s Julia Boorstin and SoFi CEO Anthony Noto join 'Squawk Box' to discuss the state of the economy, SoFi's product offerings, navigating in a high interest rate environment, growth outlook, AI integration, and more.

Persons: Anthony Noto, Julia Boorstin

☆ Warner Bros. Discovery CEO David Zaslav talks sports streaming bundle 'Venu'
▼ + stars: | 2024-07-10 | 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 EmailWarner Bros. Discovery CEO David Zaslav talks sports streaming bundle 'Venu'CNBC's Julia Boorstin talks what she is hearing from top media execs at the Allen & Co. Sun Valley Conference kicks off.

Persons: David Zaslav, Julia Boorstin Organizations: Warner Bros, Discovery, Allen, Co, Sun Valley Conference

☆ Stability and rule of law most important for businesses: Reid Hoffman on his support for Pres. Biden
▼ + stars: | 2024-07-10 | 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 EmailStability and rule of law most important for businesses: Reid Hoffman on his support for Pres. BidenCNBC's Julia Boorstin and Reid Hoffman, Greylock, talk President Biden's candidacy, AI, and more.

Persons: Reid Hoffman, Biden, Julia Boorstin, Greylock, Biden's Organizations: Pres

☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
▼ + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.

Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”

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