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Influencer marketing and talent management are key drivers of M&A activity in the creator economy. Business Insider reviewed 15 recent deals to learn what types of influencer companies are selling. Go to newsletter preferences Thanks for signing up! French ad holding company Publicis Groupe, which has a market cap of around $27 billion, announced it acquired influencer-marketing firm Influential in July. Global marketing firm Stagwell announced its purchase of the influencer-marketing company Leaders that same month.
Persons: , Stagwell Organizations: Business, Service, Publicis Groupe, Global
CNN —Plain water is the only thing visitors are allowed to consume inside the huge cavern at Carlsbad Caverns National Park in New Mexico. Cheetos are a no-go, and the recent park visitor who dropped a bag full of them created a “huge impact” on the cave’s ecosystem, park rangers said Friday in a Facebook post. “The processed corn, softened by the humidity of the cave, formed the perfect environment to host microbial life and fungi. Let us all leave the world a better place than we found it,” the post urged park goers. The Big Room at Carlsbad Caverns National Park is the largest single cave chamber by volume in North America.
Organizations: CNN, Locations: Carlsbad, New Mexico, Cheetos, North America
“I lucked out.”Back then nobody imagined “Star Wars” would become a blockbuster, let alone an enduring franchise and cultural phenomenon. James Earl Jones and Darth Vader during "Star Wars: Episode II - Attack of the Clones" premiere event. Jesse Dittmar for The Washington Post/Getty Images Jones, seen here in 1960, was born in Arkabutla, Mississippi, in 1931. Steve Ringman/San Francisco Chronicle/Getty Images Jones appears with Alec Baldwin in a scene from "The Hunt for Red October" (1990). The LIFE Picture Collection/Getty Images Jones appears next to Darth Vader, who he famously voiced in the "Star Wars" movies.
Persons: James Earl Jones, Jones, Darth Vader, King ”, , Bob Iger, , ” Jones, George Lucas, David Prowse, “ George, Lucas, Vader, Jim Spellman, WireImage, , you’ve, Luke Skywalker, Mark Hamill, ” Hamill, He’ll, , ’ ”, Robert Earl Jones, James, Langston Hughes, Bettmann, Stanley Kubrick’s “, Strangelove, Jack Johnson, Tony, Sidney Poitier, Alex Haley, TV’s, Thulsa, Conan, ” Kevin Costner’s, Admiral Greer, Costner, Jones ’, King Jaffe Joffer, Wan Kenobi, Mufasa, “ L.A, Law ”, King James, Rachael Ray, ” James Earl Jones, Jesse Dittmar, William Shakespeare's, Stanley Kubrick's, Julienne Marie, Alan Aaronson, Harry Benson, Richard Nixon, Julie Harris, Angela Lansbury, Jerry Orbach, Muhammad Ali, King Lear, Jack Mitchell, Paul Robeson, Robeson, Hulton, Marlon Brando, Ronald Reagan's, AP Jones, Thulsa Doom, Everett, Steve Ringman, Alec Baldwin, Nick Ut, George H.W, George H.W . Bush, Bush, Doug Mills, Cecilia Hart, Flynn, Paul Simon, Chita Rivera, Laura Bush, George W, Alex Wong, Grace, Chris Haston, Rosa Parks, Faith Ringgold, Richard Drew, Kevin Wolf, Matt Rourke, Debbie Allen, Evan Agostini, Forest Whitaker, Kevin Winter, Vanessa Redgrave, Daisy, Sara Krulwich, Astrid Stawiarz, Marian Anderson, Matt Slocum, Grant Lamos IV, Steven Senne, John Atashian, Jones “, , Arthur Miller Organizations: CNN, , Walt Disney Company, American Film Institute, , University of Michigan, Army, Disney, The Washington Post, US Army, Newspapers, Broadway, CBS, Getty, New York Daily, Daily, ABC, Walt Disney Television, Everett, Hulton Deutsch, AP, San Francisco Chronicle, Mondadori, Arts, Kennedy, NBC, Elementary, NBA, National Constitution Center, Screen, New York Times, Harvard University, Globe, Academy of Locations: , Michigan, Mississippi, New York, Hollywood, America, “ The, African, Iowa, Arkabutla , Mississippi, New, Vietnam, Washington , DC, George H.W ., Montgomery, Independence, Philadelphia
The DOJ and the states are seeking a breakup of Google's adtech business. Separately, they said that while a separation of Google's ad server and its ad exchange would be good for competition in the adtech market, it might drive ad server costs up for publishers. Google's ad server is "a loss leader, they make all their money in AdX," the exec said, referring to Google's ad exchange that connects buyers and sellers. Global regulators have Google in their sights, tooAny unraveling of Google's ad empire would be complex. Over the pond, the European Union said last year it might look to break up Google's adtech business.
Persons: , Google's, Tim Nollen, isn't gunning, adtech, Macquarie's Nollen, Bietti, Mark Jamison, there's, Arielle Garcia Organizations: Service, Eastern, Business, US Department of Justice, Google, DOJ, Microsoft, Macquarie, Publishers, US Department of, Northeastern University, Public Utility Research Center, Digital Markets, University of Florida, Global, European Union Locations: Virginia, AdX
Apple is gearing up to announce a new lineup of devices at its 'Glowtime' event today — that's where we kick things off in our big story. AdvertisementApple's "Glowtime" event is today, the latest iteration of the tech giant's annual unveiling of its newest iPhone , writes Business Insider's Jordan Hart. AdvertisementAppleThe Apple event will also serve as a litmus test for the wider AI industry. Even giants like Microsoft and Amazon have struggled to turn their big AI bets into revenue drivers. AdvertisementSuccess could give the AI industry more confidence that there is a light at the end of the AI spending tunnel.
Persons: , Chelsea Jia Feng, Insider's Jordan Hart, Apple, that's, BI's Hasan Chowdhury, that'll, , Siri, Jenny Chang, Rodriguez, Paul Graham's, Brian Niccol, Laxman Narasimhan, Dan DeFrancesco, Hallam Bullock, Grace Lett, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Chelsea, Apple, Apple Intelligence, Microsoft, Amazon, Getty, Nvidia, JPMorgan, DOJ, Google, Oracle Locations: China, New York, London, Chicago
Hill is heard saying “I’m getting arrested” multiple times, and the one officer physically restraining him says, “When we tell you to do something, you do it. Hill told “The Source with Kaitlan Collins” on Monday he was still shell-shocked by the encounter. NFL star Tyreek Hill speaks out after police release bodycam video of his detention before the Miami Dolphin’s season-opener. Speaking on ESPN, the 17-year NFL veteran said he got out of his car with his hands up and approached the police officers, saying, “I’m a friend of his (Hill). You tell me how far I need to back up, and I’ll back up, but I’m not leaving the scene,” Campbell recounted.
Persons: , don’t, Hill, bro, ” Hill, “ I’m, I’m, , Kaitlan Collins ”, , Tyreek, Stephanie V, Daniels, CNN’s Sara Sidner, Drew Rosenhaus, ” Rosenhaus, – it’s, ” Daniels, Calais Campbell, ” Steadman Stahl, ” Stahl, ” Julius B, Collins, ” Collins, Don Juan Moore, Rosenhaus, “ It’s, George Floyd, didn’t, ” Campbell, Campbell, It’s, Jonnu Smith, Don’t, flustered ” Organizations: CNN, Miami, Dade police, Miami Dolphins, Dolphins, NFL, Police, CNN News Central, South Florida Police Benevolent Association, Jaguars, ESPN, Buffalo Bills Locations: Sunday’s, Hill, Miami’s, America
Disney and DirecTV are not likely to reach a deal in time for "Monday Night Football" according to people familiar with the matter. As a result of the fight, DirecTV customers were unable to see the U.S. Open and the first full weekend of the college football season. DirecTV alerted customers on Friday to competitor alternatives for watching ESPN and also said it would provide a $30 credit to customers. However, Charter and Disney reached a deal hours ahead of "Monday Night Football" that allowed customers to tune in that night. The dispute between DirecTV and Disney has led to mudslinging between the two companies reminiscent of most carriage fights.
Persons: Rob Thun, Venu —, Venu, Disney, It's, Jimmy Pitaro, Nielsen, Pitaro, Adam Schefter, DirecTV's Thun Organizations: ESPN, Jacksonville Jaguars, Cincinnati Bengals, EverBank, DirecTV, Disney, FX, ABC, U.S ., CNBC, Walt Disney Co, Fox Corp, Warner Bros, NFL, Federal Communications Commission, Charter Communications, New York Jets, San Francisco 49ers Locations: Jacksonville , Florida, American, U.S
Apple spent much of the presentation emphasizing how the iPhone 16 was "built from the ground up to deliver Apple Intelligence." For me, the most interesting features coming to Apple Intelligence are the Writing Tools, AI-generated emojis, and the camera's visual intelligence capabilities. He said the keynote video doesn't do the new iPhone 16 lineup justice. AdvertisementThe tech giant reportedly began briefing its retail employees on all things Apple Intelligence weeks before the iPhone 16 lineup launch. It seems to me that Apple is gearing up to have consumers see its new AI tech for themselves before deciding to upgrade.
Persons: , Tim Cook, it's, Siri, Gene Munster, Munster Organizations: Service, Apple Intelligence, Apple, Business, Google, Wedbush Securities, Deepwater Asset Management, Munster
CNN —Jessica Leeds, who previously accused Donald Trump of sexual assault and was a trial witness in a high-profile case against the former president, said Monday that she “laughed out loud” when she heard he recently disputed her allegation and said she “would not have been the chosen one.”“I laughed out loud. She said she was seated in first class on an airplane next to Trump in the 1970s when he suddenly began groping her. Leeds said she fought off Trump and moved to the back of the airplane. Earlier this year a separate jury found Trump defamed Carroll when in 2022 he repeated several of the statements he initially made in 2019. Her attorneys argued to the jury that the only way to stop Trump from repeating the statements was to hit him in his pocketbook.
Persons: Jessica Leeds, Donald Trump, , ” “, , CNN’s Anderson Cooper, Trump, Leeds, Cooper, Steven Cheung, Kamala Harris, Jean Carroll, Carroll, Trump’s, she’ll, CNN’s Kate Sullivan Organizations: CNN, ” Leeds, Trump, Leeds, Democratic, E, Carroll Locations:
Billionaire philanthropist Bill Gates has spent the past couple decades warning the general public about ominous issues, from upcoming "climate disasters" to devastating cyberattacks. "A lot of unrest" in today's world could spark "a major war," he tells CNBC Make It. And even "if we avoid a big war ... then, yes, there will be another pandemic, most likely in the next 25 years." "The country that the world expected to lead and be the model fell short of those expectations," Gates says, referring to the United States. While some progress has been made, with increased spending on pandemic preparedness in the U.S. and elsewhere, Gates says the global response hasn't yet been enough.
Persons: Bill Gates, Gates, it's, that'll, Anthony Fauci, Fauci Organizations: CNBC, Netflix, National Institute of Allergy Locations: Gates, United States, U.S
Getting F-16s and long-awaited weaponsDelays in getting Western equipment have long been a source of frustration for Ukraine. Western allies lifted some restrictions in May, allowing Ukraine to strike Russian troops building up at its borders. AdvertisementTaking the war inside RussiaThe biggest change this year is that Ukraine altered the dynamics of the conflict by launching a surprise attack on Russia's Kursk region. In just two weeks, starting on August 6, Ukraine claims its forces took more territory in Kursk than Russia had since the beginning of 2024. Ukraine is "losing territory and may suffer a breakthrough," Benjamin Friedman, policy director at the Defense Priorities think tank, told BI.
Persons: , Abishur Prakash, Volodymyr Zelenskyy, Zelenskyy, Volodymyr Zelenskyi, Vitalii, Mark Temnycky, it's, Gabrielius Landsbergis, Ukraine wouldn't, Mark Cancian, year's, Putin, Joe Biden, Benjamin Friedman, Michael Kofman, Rob Lee, Prakash Organizations: Service, Russia, Republican, Business, Inc, Reuters, Army Tactical Missile Systems, Getty, Council's Eurasia, Times, Institute for, American Enterprise, Air Assault Brigade, REUTERS, US Marine Corps, Center for Strategic, International Studies, CNN, Defense, Carnegie Endowment, International Peace, Foreign Policy Research Institute, Foreign, Kyiv Locations: Ukraine, Russia, Russian, Kursk, Toronto, Kharkiv, London, Russia's Kursk, Malaya Loknya, Kursk Region, REUTERS Russia, Kyiv
Apple Park is buzzing after Tim Cook and other executives took the wraps off the new iPhone 16 lineup, AirPods 4, AirPods Pro, and the latest Apple Watch Series 10. The Apple executives were careful to walk through how the new iPhone 16 will be outfitted with the company's flavor of generative AI features, called Apple Intelligence, and the new features available in iOS 18 as a result. AdvertisementOver the course of Apple's "It's Glowtime" event, the company showcased a range of AI features, new camera technology, and other improvements to both its hardware and software. Apple Intelligence will be closely integrated across iOS 18, and that means more people will likely use AI on a daily basis as a result. Not all of the features will be available right at the launch of the iPhone 16, with some available later in the year or even in 2025.
Persons: , Tim Cook Organizations: Service, Apple, AirPods, Apple Intelligence, Business, Google, ChatGPT . Apple Intelligence Locations: ChatGPT
Saudi Arabia is betting big on sports
  + stars: | 2024-09-09 | by ( Mark Tutton | ) edition.cnn.com   time to read: 1 min
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Big Lots files for bankruptcy
  + stars: | 2024-09-09 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing, the retailer announced that private equity firm Nexus Capital Management is acquiring “substantially all” of Big Lots stores and business operations. Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates. Big Lots is in the process of closing roughly 300 of its 1,400 store across the United States. Big Lots joins a growing list of well-known retailers hitting financial turbulence as customers cut back spending on non-essential items.
Persons: , Bruce Thorn, McDonald’s, it’s, Sarah Foss, ” Foss Organizations: New, New York CNN, Nexus Capital Management, Lots, Walmart, Debtwire, CNN Locations: New York, United States
Whole Foods Market CEO Jason Buechel has one primary tactic that keeps him productive, he says: time blocking. "It's important that I time-block my schedule so I don't get stuck in meeting after meeting, and I can focus on Whole Foods Market's longer-term vision and strategy," he tells CNBC Make It. "Getting calendar bombed" by unproductive meetings can derail his day, he recently told LinkedIn's "This is Working" podcast and video series. On a typical day, Buechel can have 10 meetings or more, he tells Make It. He uses those 10-minute windows for running "ad hoc meetings with my direct reports or dealing with a pressing issue that might pop up," he adds.
Persons: Jason Buechel, LinkedIn's Organizations: Foods, CNBC Locations:
When I received a call from a Deloitte representative saying I'd landed a post-grad job as an actuarial analyst, I was ecstatic. But I didn't feel like there was space to express my femininity. I honestly didn't feel like there was a way to thrive in a more masculine environment without entirely abandoning my femininity, so I tucked away my spiritual, bubbly side. AdvertisementI didn't feel safe confiding in anyone about my workload concerns because everyone around me seemed to wear their burnout as a badge of honor. My superiors encourage me to leave work at work and I finally have time to nourish my hobbies and relationships.
Persons: , Cierra Desmaratti, It's, I'd, That's, hadn't, Deloitte's, I've, Tess Martinelli Organizations: Service, Deloitte, Business, North Central College, Deloitte's Chicago, International Association of Black Actuaries, Transamerica, Big Locations: Miami, Naperville , Illinois, Deloitte's, Chicago, Transamerica, tmartinelli
Niccol, who has spent six years as the CEO of Chipotle, officially took the reigns at Starbucks on Monday. Niccol could also bring big changes to Starbucks' menu and stores. Related storiesNiccol "will bring a similar discipline that will enable Starbucks to better succeed with menu innovation," Charles wrote. New menu items — including those that target new meals and times of the day — could also be on the agenda, Deutsche Bank's Silberman wrote. Niccol could implement a similar strategy at Starbucks and use it to expand Starbucks' breakfast and lunch offerings, she said.
Persons: , Brian Niccol, Laxman Narasimhan, Niccol hasn't, isn't, didn't, John Ivankoe, Lauren Silberman, John Culver, Roz Brewer, Silberman, Niccol, Chipotle, Cowen, Andrew Charles, Charles, Deutsche Bank's Silberman, Gregory Francfort, skillset, Taco Bell, Eric Gonzalez, Narasimhan, Niccol's, Gonzalez Organizations: Service, Starbucks, Business, JPMorgan, Deutsche Bank, Walgreens, Deutsche, Guggenheim Partners, Taco, Capital Locations: China
Read previewBefore dying of pancreatic cancer in October 2011, the late Apple CEO Steve Jobs told his counterpart at Disney, Bob Iger to start planning his retirement. Jobs, Iger wrote in his memoir, played a critical role in Disney's acquisition of Marvel in 2009. In July 2023, Disney said that Iger's tenure as Disney CEO will run through 2026. Advertisement"The person that I think most of, that I was fortunate enough to have observed very closely, is Steve Jobs," Iger said of Jobs in an interview with Time magazine published in April 2023. Jobs, Iger told the magazine, had returned to Apple under "very different circumstances" than when he'd founded it.
Persons: , Steve Jobs, Bob Iger, Jobs, Iger, Disney didn't, he'd, Ike Perlmutter, Marvel's, we'd, Ike, Steve Organizations: Service, Apple, Disney, New York Times, Business, Iger, Walt Disney Company, Pixar, Marvel, NeXT
“The second reason that breast density is important is because having dense breast tissue raises a woman’s level of risk of developing breast cancer,” Feigin said. Breast cancer survivor JoAnn Pushkin, 64, has advocated for more than a decade that there be a national requirement for women to be notified of their breast density. Now I have lymphedema, and all because it was detected at that later stage,” said Pushkin, who has testified before the FDA about breast density and co-created the website DenseBreast-info.org, which features resources on breast density. The new FDA changes require facilities to provide patients with information about their breast density and include specific language in the mammogram result letter to explain how breast density can influence the accuracy of a mammogram. A study published in 2022 found that the breast cancer death rate dropped by 43% within three decades, from 1989 to 2020, translating to 460,000 fewer breast cancer deaths during that time.
Persons: Kimberly Feigin, ” Feigin, JoAnn Pushkin, Pushkin, she’d, , ” Pushkin, , Pushkin’s mammogram, , wasn’t, Wendie Berg, Berg, ” Berg, it’s, Molly Guthrie, Susan G, Komen, ” Guthrie, we’ve, Dr, Sanjay Gupta Organizations: CNN, US Food, Breast Imaging Service, Assurance, Memorial Sloan Kettering Cancer Center, District of Columbia, FDA, University of Pittsburgh School of Medicine, Magee, Womens Hospital of UPMC, American Cancer Society, CNN Health Locations: United States
Another Donald Trump presidency was an inevitability, Steve Eisman of "The Big Short" fame told Bloomberg TV, first in early May and again in mid-July. AdvertisementDespite his bullish call on Trump, Eisman — who said he voted for Biden in 2020 — wasn't openly rooting for either candidate. "For the overall market, I don't think it matters who's president," Eisman said. "If Harris wins and both houses of Congress go Democratic, I think the market would probably have a very large correction," Eisman said. "If Trump wins and both houses are Republican, the market is fine, but there'll be certain sectors that will not do well and certain sectors that will."
Persons: , Donald Trump, Steve Eisman, Eisman wasn't, Joe Biden, Biden, Kamala Harris, Eisman, It's, Trump, Eisman —, Harris, There's, they'll Organizations: Service, Bloomberg TV, Business, Trump, Republican, Democratic, House, Congress
The popular mukbang YouTuber, known for eating enormous amounts of food on camera, fooled the internet by completing a secret weight loss journey while uploading old videos to mask his progress. Nikocado Avocado, whose real name is Nicholas Perry, revealed his new look — a drastically slimmer appearance compared with his look in his other recent YouTube videos — to millions of subscribers Friday. It drew a flurry of speculation around whether he could have achieved such extreme weight loss in the months since his most recent uploads, all of which showed him at a considerably larger size. I edited the videos so that they would appear recent, allowing me to focus on healing my body behind the scenes,” Perry wrote in an email. “While everybody pointed and laughed at me for over-consuming food, I was in total control the entire time,” Perry wrote.
Persons: Nicholas Perry, ” Perry, , Perry, YouTubers, Organizations: , YouTube
Rapper Kendrick Lamar will headline the Super Bowl halftime show in New Orleans, the NFL announced Sunday. Follow along for live coverage of Week 1Roc Nation and Jesse Collins, an Emmy-winning producer, will be co-executive producers of the Apple Music halftime show. “Kendrick Lamar is truly a once-in-a-generation artist and performer,” Roc Nation founder Jay-Z said in a statement. Super Bowl 59 will take place on Feb. 9. Lamar previously performed at the 2022 Super Bowl in Los Angeles alongside several other rappers and hip-hop stars in a West Coast-themed show.
Persons: Kendrick Lamar, ” Lamar, Lamar, Jesse Collins, “ Kendrick Lamar, Jay, Z, Drake Organizations: NFL, BET, Apple Music, Roc Nation, Morale Locations: New Orleans, City, Los Angeles, West Coast
But for few has its pursuit been more complicated than for the elite career women Byars strives to help. AdvertisementWhen she finally felt ready to go back to corporate life, she looked for a more sustainable way to pursue professional success. The issue with high-achieving women, Byars says, is they focus on meeting only two of those needs — security (money) and esteem — while neglecting the rest. When the clients cry, it's mostly related to the need Byars says is the trickiest to meet: esteem. But if you're a woman with four kids and a senior-level corporate job, is there really any amount of mindset shifting you can do to avoid burnout?
Persons: Erin, She's, I've, Erin needn't, They've, Kathleen Byars, Byars, Kate, there's, Mary Kay, Scott, , Ali, she's, that's, Erin interjects, Let's, I'm, They're, they're, she'll, Kiersten, We're, it's, It's, LeAnn Rimes, isn't, Erin's, strum, Aki Ito Organizations: Virgin, Goodlife Institute, CWU, Habitat, Humanity, BI, Business Locations: Nashville, I'm, Dallas, Chile, CWU, Byars
Insider Today: Undercover millionaires
  + stars: | 2024-09-08 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
This story is available exclusively to Business Insider subscribers. AdvertisementIn fact, Business Insider spoke with several millionaires who achieved their riches without using get-rich-quick tricks. Matt Harrison Clough for BITo banner, or not to bannerThe LinkedIn Open to Work banner makes some job seekers feel embarrassed. Amazon, Tyler Le/BIAmazon's AI conundrumAmazon's big new AI product is off to a rocky start. AdvertisementMessages and an internal memo seen by Business Insider show AWS employees raising concerns about the AI chatbot's performance.
Persons: , Kevin O'Leary, Jim Harbaugh, Will Aaron Rodgers, that's, it's, Natalie Ammari, aren't, Matt Harrison Clough, Tyler Le, Jenny Chang, Rodriguez, Hemant Taneja, Commure, Steve Eisman Organizations: Service, Business, NFL, Kansas City Chiefs, Los Angeles Chargers, University of Michigan, New York Jets, Netflix, ESPN Bet, BI, Fidelity Locations: New York
Boeing reaches deal with union to avoid strike
  + stars: | 2024-09-08 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
New York CNN —Boeing and the Machinists union, which represents 33,000 of its employees on the West Coast, have reached a tentative deal that could avoid a strike that had been set to start this Friday. Before it will take effect, the deal would need the approval of the rank-and-file union members who build commercial jets. But leadership of the union praised the tentative deal and said it achieved the union’s goals. The deal represents Boeing’s biggest pay raise for union members. The deal also includes increased job security for union members with a promise to build the next new airplane at one of the union-represented plants in the Puget Sound region.
Persons: , “ We’ve, ” Stephanie Pope, Max, ” Jon Holden, Brandon Bryant, Dave Calhoun, ” Calhoun, “ We’re, we’re, , Kelly Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Aerospace Workers, Boeing’s, Puget, Boeing Boeing, Alaska Airlines, UPS, General Motors, Ford, Union, ” Company Locations: New York, West Coast, South Carolina, Seattle, Portland , Oregon
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