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Here's how the process could work and what Wall Street bankers stand to gain. AdvertisementAs third-quarter earnings demonstrated, Wall Street dealmaking appears to be bouncing back after three years of lackluster activity. Spokespersons for both Goldman Sachs and Morgan Stanley declined to comment or confirm their reported participation in the project. The two investment bankers – neither of whom are affiliated with Goldman, Morgan Stanley, OpenAI, or Microsoft — requested anonymity to preserve industry relationships. Largely speaking, however, Wall Street is poised to win, Roberts said.
Persons: Goldman Sachs, Morgan Stanley, , OpenAI, , Morgan Stanley's, PwC, Michael Roberts, Morgan, Roberts, Wharton, dealmaker, Sam Altman, Altman, Elon Musk, Reed Alexander Organizations: Service, Wall Street Journal, Microsoft, The, BI, Wharton School, University of Pennsylvania, Goldman, Wall Street, Wharton, dealmakers, Apple, Tesla Locations: San Francisco, Silicon Valley
'The Legend of Vox Machina' season 3's final batch of episodes dropped on Thursday. "The Legend of Vox Machina" has had three seasons of 12 episodes apiece so far. But it was based on a 115-episode-long "D&D" campaign, where each livestreamed episode clocked runtimes of three to four hours. "The Legend of Vox Machina" Prime Video animated series was based on Critical Role's first "D&D" campaign. Riegel told BI ahead of the third season's launch that the crew still has more stories to tell.
Persons: Vox, Sam Riegel, , Matthew Mercer, Liam O'Brien, Marisha Ray, Travis Willingham —, Mercer, Vax'ildan, O'Brien, Ray, Percival de Rolo, Taliesin Jaffe, Jaffe, Riegel, Anna Webber, CR's, Ronin Willingham, Travis Willingham's, Willingham, Jon Kopaloff, Amazon Studios Riegel, Percival, " O'Brien, CR, hasn't, we're Organizations: Service, Business, CR, Getty, Amazon Studios, Prime Locations: Whitestone —
Kate Bush is ‘very keen’ to make a new album
  + stars: | 2024-10-25 | by ( Lianne Kolirin | ) edition.cnn.com   time to read: +2 min
CNN —Kate Bush has said that she is “very keen” to start working on a new album, in a revelation that’ll be met with huge excitement by her legions of fans. The news came as part of an interview that Bush gave about a short film she’s written and directed to benefit the charity War Child, which supports children affected by conflict. The four-minute black and white film, called “Little Shrew,” is set to a song called “Snowflake,” which Bush first wrote for her son. Although Bush gave very little away, she said she expected that any new output would be “different” from her previous work. He said in the interview: “Kate Bush is the only person who can get Kate Bush back on stage.
Persons: Kate Bush, that’ll, Bush, I’ve, “ I’ve, ” Bush, , , it’s, Pink Floyd, David Gilmour, “ Kate Bush, Gilmour Organizations: CNN, Netflix, Guinness, World Records, Guardian, Hammersmith Apollo Locations: British,
If you’re in a similar situation, you can peruse my list of the best gifts for someone you don’t know. SKIP AHEAD The best gifts for someone you don’t know in 2024 | Why trust NBC Select? Stationery sets and notebooks are some of our go-to items when it comes to buying gifts for someone you don’t know. One of the best gifts I’ve ever received is this reusable water bottle from Hydro Flask. I’m an associate reporter covering skin care and hair care and frequently write about new products for NBC Select.
Persons: I’ve, , Rebecca Rodriguez, “ I’ve, I’m, Zoe Malin, Lindsay Schneider, Malin, , that’s, terry, Frank Stella, Schneider, Goetz, They’re, Le Creuset, Le, Cory Fernandez, Mili Godio, wicks, Fernandez, TikTok Organizations: NBC, Le, Stationery, Nordstrom, Facebook, Twitter
In the battle of the tech giants, Wall Street firm Bernstein favors Meta Platforms over Alphabet . The analysts raised their Meta price target to $675 per share from $600 and kept their outperform buy rating on the stock. Bernstein acknowledged the valuation of Meta stock versus Alphabet "feels stretched" at the moment. Big picture Bernstein's bullish assessment of Meta's future growth prospects comes as the stock has significantly outperformed both the overall market and Alphabet. META YTD mountain Meta Platforms YTD Before Wednesday's 3% drop in an ugly market, Meta closed Tuesday just 2% off its record close of $595.94 on Oct. 4.
Persons: Bernstein, Meta, Shein, we're, Jim Cramer's, Kamala Harris, Jim, Jim Cramer Organizations: Wall, Google, Meta, Adobe, Facebook, CNBC Locations: Wednesday's, U.S
Anna Kendrick made her directorial debut with Netflix's new true crime movie, "Woman of the Hour." She told "The Late Show" that she was "beyond terrified" when she first pitched to direct the film. "Woman of the Hour" is Netflix's latest true crime thriller. The producers wanted someone with experience as they planned to start shooting soon, but Kendrick told Colbert she had other ideas. "It was a fascinating example of just how phony Hollywood is because then I did it again the next day," Kendrick continued.
Persons: Anna Kendrick, , Anna Kendrick's, Stephen Colbert, Jeffrey Dahmer, Anna, Kendrick, Colbert, We're, Chris Pine, Dev Patel, Jerry Seinfeld, Michael B, Jordan, let's, Leah Gallo, Netflix Kendrick, Let's, Michelle Obama, Tom Hanks, Valerie Young, Young Organizations: Service, Netflix
Emma Tucker became The Wall Street Journal's first-ever female editor-in-chief in 2023. So we're doing things to make our audiences engaged, rather than thinking about "this is how we do things." What's not useful to Wall Street Journal readers? I mean, the amount of time that people spend reading The Wall Street Journal has gone up. And the one thing I can say with absolute certainty is there is a place for Evan at The Wall Street Journal.
Persons: Emma Tucker, Joe Biden's, Evan Gershkovich, , Murdoch, Joe Biden, Weeks, Biden, Tucker, Joe, It's, Mike Johnson, Kevin McCarthy, I've, there's, You've, We've, We're, we've, you've, Evan Organizations: Service, Sunday Times, Washington, Wall Street, Street Locations: Joe Biden's, England, Russia
“Is artificial intelligence more of an opportunity or a threat to media, radio and journalism? We will seek answers to this question,” the station head, Marcin Pulit, wrote in a statement. Demski worked at OFF Radio Krakow from February 2022, carrying out interviews with Ukrainians fleeing war, until August, when he was among about a dozen journalists who were let go. “Although I am a fan of AI development, I believe that certain boundaries are being crossed more and more,” he wrote on X. He said the poet poet had a sense of humor and would have liked it.
Persons: ” Weeks, Marcin Pulit, Mateusz Demski, , Demski, Pulit, ” Krzysztof Gawkowski, Michał Rusinek Organizations: Radio Krakow, Wednesday, Associated Press, OFF Radio, TVN Locations: Polish, Poland, Krakow, OFF Radio Krakow
Lorrain serves as creative lead at Google's AI research division, DeepMind. He helps the company apply its AI technologies to different parts of the media world, including recently introducing its video-generation tool Veo to YouTube shorts and collaborating with creators such as Donald Glover and The Weeknd on generative-AI projects. He has worked on computer-vision projects for Marvel's "Avengers" and Netflix's "Stranger Things," among other partnerships with major media brands. Lorrain also taught a class on AI and filmmaking as a guest lecturer at Columbia University this year. See Business Insider's full AI Power List
Persons: Lorrain, Donald Glover Organizations: DeepMind, Columbia University
Members of the International Association of Machinists just rejected Boeing’s offer to return to work after a bruising six weeks of strike action. But with 64% of IAM members voting no on the company’s latest offer, getting a once-great American company back on track appears harder than ever. Our members haven’t forgotten that.”Why traditional pension plans matterTraditional pensions are what’s known as defined benefit plans. Traditional pension plans are “one of the hallmarks of retirement security,” Holden said Wednesday night. But he said so far in negotiations Boeing hasn’t entertained any kind of return to a pension plan.
Persons: Kelly Ortberg, Lindsey Wasson, ” Jon Holden, haven’t, ” Holden, It’s, ” Nataleen Anderson, Stellantis, John Lawler, Max, , , Holden, Boeing hasn’t, they’re, Ortberg, Marian Lockhart, “ We’re, We’ve Organizations: New, New York CNN, Boeing, International Association of Machinists, Poor’s, , IAM, Volunteers, Research, CNN, KIRO, United Auto Workers, General Motors, Ford, Chrysler, GM, Reuters Locations: New York, Washington, Seattle, Everett , Washington
CNN —Don’t look for Tim Burton to be posting on Instagram. The provocative filmmaker has shared that anyone who knows him knows he’s a “bit of a technophobe.”“If I look at the internet, I found that I got quite depressed,” Burton recently told BBC News. So I try to avoid it, because it doesn’t make me feel good.”The 66-year-old director talked to the outlet ahead of The World of Tim Burton at the Design Museum, a new career retrospective in the UK that explores his creative process. The man best known for directing hits like “Beetlejuice,” “Charlie and the Chocolate Factory” and “Edward Scissorhands” said being on the internet definitely has a negative effect on him. “I get depressed very quickly, maybe more quickly than other people,” Burton said.
Persons: Tim Burton, ” Burton, , Charlie, Edward Scissorhands ”, , he’s, Alice, Wonderland Organizations: CNN, BBC News, Design Museum, Netflix
Reddit acquired Memorable AI in August in a deal that valued the startup at just under $40 million, including performance-based earnouts. Memorable AI uses AI models to predict which images and videos will catch users' attention and encourage them to engage with an ad. Acevedo, a Memorable AI cofounder who had been the startup's CEO, now leads product for Reddit's new ads media intelligence team, which combines data on creative performance with the company's advertising AI models. Fosco, a fellow cofounder who had been Memorable AI's chief technology officer, leads engineering in the ads intelligence team. "The acquisition of Memorable AI, coupled with its focus on creative effectiveness, now gives Reddit the missing piece to continue improving performance for our advertisers," Fosco said.
Persons: Reddit, Acevedo, Fosco Organizations: Unilever, Mars, MIT
Canaccord Genuity is hiring the former WPP dealmaker Lance Maerov to work on ad and media M&A. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Canadian investment bank Canaccord Genuity is hiring a former top dealmaker at the advertising giant WPP for its advertising and media mergers-and-acquisitions practice, Business Insider can exclusively reveal. Canaccord Genuity didn't respond to requests for comment.
Persons: Lance Maerov, , Genuity, It's, IPG, Martin Sorrell, Maerov, Sorrell, Mark Read, Andrew Scott, Weinstein, Harvey Weinstein Organizations: WPP, Service, Madison, Mars United Commerce, Publicis Groupe, Verve, Jun, Epsilon, Street, Nike, Tata Consultancy Services, Street Journal, Real Media, Weinstein Co, Vice Media Locations: British
The family was shocked and disappointed by the coddling of kids when they returned to the US. She was featured in "The Danish Secret to Happy Kids," a new book that champions Nordic parenting. It was a complete 180 from our experience in Denmark, where the kids understood to be careful. The children set the table and helped themselves from a big dish in the middle. But we're grateful we had the chance to raise our children in Denmark — at least for a while.
Persons: Becca Itkowitz, , I, It's, Max, we'd, Evan, I'd Organizations: Service, Nordic, Business, Denmark — Locations: Denmark, Illinois
The decline of Hollywood in one chart
  + stars: | 2024-10-23 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +4 min
LA has seen a steep drop in its share of TV and film jobs compared with the rest of the US. The decline comes as labor costs have gone up and other locales have sweetened their incentives. In recent years, the area has lost some TV and film jobs as countries such as Canada and states like Georgia have become production hubs. Los Angeles is losing TV and film jobs to the rest of the US. 2 entertainment-job market in the US (after LA) also saw its share of film and TV jobs dip.
Persons: , Patrick Adler, Taner Osman, Adler, FilmLA, Paul Audley, Otis Organizations: Industry, Service, Los Angeles, of Labor Statistics, Westwood Economics, Planning Associates, Otis College, Sound Recording Industries, Bureau of Labor Statistics, LA Locations: Los, Canada, Georgia, New York, Arizona, Kentucky, LA
AI startup Attention raised a $14 million Series A funding round from Alven, Eniac, and Frst. The startup uses AI and natural language processing to glean data and next steps from sales calls. AdvertisementNew York-based AI startup Attention, which uses natural language processing to fill out customer relationship management (CRM) programs and generate action items from sales calls, just raised a fresh round of funding. Late-stage startup Gong, which also records sales calls, raised $250 million in Series E funding in 2021 at a $7.25 billion valuation. And 11x.ai, which is building AI sales reps, raised a $50 million Series B last month from a16z, TechCrunch reported.
Persons: , Anis Bennaceur, Matthias Wickenburg, Bennaceur, Wickenburg, Swipecast Organizations: Service, French VC, Eniac, Liquid2 Ventures, Ventures, TechCrunch Locations: Alven, New York, a16z
Disney said Monday it would name a new CEO in early 2026 and named James Gorman as board chairman. Bob Iger's previous succession plan failed, leading to his return as CEO in 2022. BI spoke to three people close to Disney who said their top questions on the succession announcement include: How will the timeframe impact the search? AdvertisementDisney's last Iger succession plan failedGorman, who effectively managed his own succession at Morgan Stanley, was named in August to chair Disney's succession planning committee. In late 2022, Disney dismissed Chapek and brought Iger back as CEO with a two-year contract, then extended through 2026.
Persons: Disney, James Gorman, Bob Iger's, , Morgan Stanley, James Gorman —, shrugged, Gorman, Disney flubbed, Iger, Bob Chapek, Chapek, Will Iger, Gorman didn't, Dana Walden, Alan Bergman, Walden, he's, Josh D'Amaro, Ron DeSantis, Jimmy Pitaro, Pitaro Organizations: Disney, Service, Disney Entertainment, Fox, Florida Gov, ESPN, NFL Locations: Hollywood
Under the terms of the deal, Costco will offer Peloton's Bike+ in 300 of its U.S. stores for $1,999, and on Costco.com for $2,199 between Nov. 1 and Feb. 15. Costco is one way to get there, Dion Camp Sanders, Peloton's chief emerging business officer, told CNBC in an interview. The deal with Costco gets Peloton onto the shelves of a retailer with a strong fan following and wealthier customers. According to Numerator, 36% of Costco's customers have a household income of more than $125,000. As of this month, hotel members can earn points for completing workouts on the Peloton Bike and Row during their stay.
Persons: Barry McCarthy, Long, Dion Camp Sanders, Peloton's, We've, Camp Sanders, Gary Millerchip, Costco's, they've, Merchandising Claudine Adamo, Truemed Organizations: Costco, CNBC, Merchandising, Dick's Sporting Goods, PayPal Locations: U.S
Amazon Web Services CEO Matt Garman defended the company's return-to-office mandate for January. AdvertisementAmazon Web Services CEO Matt Garman reiterated on Monday night why the recently announced return-to-office mandate is right for the company. Amazon CEO Andy Jassy announced last month that most corporate employees would be required to return to the office five days a week starting in January. When BI reached out about Garman's comments last week, an Amazon spokesperson declined to comment but pointed to Jassy's RTO announcement in September. BI's Ashley Stewart viewed internal messages after the policy was announced, showing that some Amazon employees were unhappy with the change.
Persons: Matt Garman, Garman, , Andy Jassy, BI's Ashley Stewart Organizations: Amazon Web, Service, Web, Amazon, Business, BI
CNN —A super-narrow skyscraper, measuring no more than a single apartment across, is being planned for Dubai. A side view of the Muraba Veil from the canal. Courtesy RCR Arquitectes/MurabaThe striking tower will be built next to a canal by Dubai’s main transport artery, Sheikh Zayed Road. It is the fifth collaboration between Muraba and RCR Arquitectes, which expect the Muraba Veil to be complete by December 2028. An "oasis" will be "hidden beneath a vast dune-like carapace at the foot of the tower," according to a press release.
Persons: Sheikh Zayed, RCR Arquitectes, RCR, , Rafael Aranda, Dubai’s Organizations: CNN, United, Burj Locations: Dubai, United Arab Emirates, Spanish, Muraba, Burj
Huang, now a beloved BookTok author, compared self-publishing to running a small business. Self-publishing for creative controlUnlike many unknown authors, Huang didn't dream of signing with a traditional publisher when her writing career began. "I didn't start out thinking I would be traditionally published or even that I necessarily wanted to be traditionally published," Huang told BI. Advertisement"For like a year or two, all I did was just consume content about self-publishing," Huang said. Huang told BI her fans can look forward to a darker hero in her next release.
Persons: Ana Huang, Huang, , Ana Huang's, Asher Donovan, Scarlett Dubois, Forbes, — Huang, Huang didn't, Heidi Gutman, Taylor Swift, HarperCollins —, Bloom, Meghan Quinn, Grey, E.L, James, BookTok, it's, they're, that's, I'm, Asher Organizations: Service, , ABC, HarperCollins, Bloom Books, Entertainment, Facebook Locations: BookTok
At Fantastic Fest, Stahelski, Leitch, and star Keanu Reeves wove through the packed lobby filled with rabid Reeves fans. Chad Stahelski, David Leitch, and Keanu Reeves at the premiere of "John Wick." AdvertisementKeanu Reeves cleverly got Stahelski and Leitch to direct 'John Wick'Keanu Reeves in "John Wick." We felt live or die, it doesn't matter, it's John versus John Wick; that's the story we're telling. Another "John Wick" movie?
Persons: John Wick, Chad Stahelski, David Leitch, Eva Longoria, , Keanu Reeves, Stahelski, it's, Leitch, Reeves, Jamie McCarthy, Getty, John Wick dusts, Keanu, Lionsgate Chad, David, Dave, Kelly McCormick, Derek Kolstad, Tolkien, Basil Iwanyk, Chad, Jason Statham, Derek, Lana, he's, Nico Tavernise, Jonathan Sela's, John, Basil, Jon Kopaloff, Getty David, Ed, Shane, It's, Kristy Sparow, You'll, Eva, Basil said, We've, we've, Marmont, I've, Cindy Ord, WireImage, you've, Hobbs, Shaw, Guy Organizations: Service, Lionsgate, Guild of America, Fest, DC, Marvel, Navy SEAL, Hong, Leitch, CAA Locations: Austin, Los Angeles, Stahelski, Russian, Chad, Hong Kong, I'm
At Fantastic Fest, Stahelski, Leitch, and star Keanu Reeves wove through the packed lobby filled with rabid Reeves fans. AdvertisementKeanu Reeves cleverly got Stahelski and Leitch to direct 'John Wick'Keanu Reeves in "John Wick." Nico Tavernise/LionsgateIs it true you guys had to fight with the financiers to keep a beard on John Wick? We felt live or die, it doesn't matter, it's John versus John Wick; that's the story we're telling. Another "John Wick" movie?
Persons: John Wick, Chad Stahelski, David Leitch, Eva Longoria, , Keanu Reeves, Stahelski, it's, Leitch, Reeves, Jamie McCarthy, Getty, John Wick dusts, Keanu, Lionsgate Chad, David, Dave, Kelly McCormick, Derek Kolstad, Tolkien, Basil Iwanyk, Chad, Jason Statham, Derek, Lana, he's, Nico Tavernise, Jonathan Sela's, John, Basil, Jon Kopaloff, Getty David, Ed, Shane, It's, Kristy Sparow, You'll, Eva, Basil said, We've, we've, Marmont, I've, Cindy Ord, WireImage, you've, Hobbs, Shaw, Guy Organizations: Service, Lionsgate, Guild of America, Fest, DC, Marvel, Navy SEAL, Hong, Leitch, CAA Locations: Austin, Los Angeles, Stahelski, Russian, Chad, Hong Kong, I'm
New York CNN —When X unveiled its newest terms of service, which go into effect on November 15, users quickly picked up on one change. Using content to train AI has become a major issue as the technology booms. On X, artists and others in creative roles are fretting about their work being used – not just on X – to train computers that could someday replace human creators entirely. Other X users say they are concerned about personal information in their tweets being used that way. X’s terms said any users who continue to use their products or services on or after November 15 would be agreeing to the updated terms.
Persons: X, , Alex Fink, Fink, CNN’s Clare Duffy Organizations: New, New York CNN, Services, Musk, Court, Northern, Northern District of, Companies, Google, Microsoft, CNN Locations: New York, Northern District, Northern District of Texas, Tarrant County , Texas, Tarrant, Austin , Texas
Critical Role is set to embark on a multi-city tour across the US and Australia in 2025. Ten years later, the crew behind "Critical Role" and the nerdworld business of the same name are taking their show on the road — for a multi-city tour. In 2023, they filled London's Wembley Arena and followed up with two other live shows in Los Angeles. "Embarking on a global journey to bring 'Critical Role' to the stage in brand new cities with our ragtag group of adventurers is nothing short of a dream," said Marisha Ray, cofounder and creative director at Critical Role. AdvertisementThe cast of Critical Role got famous playing "D&D" on Twitch, and now they're hitting the road for a multi-city tour.
Persons: , Vox, Marisha Ray, Lavorre, CR's, Brennan Lee Mulligan, They'll, Travis Willingham, Willingham, Liam O'Brien, we've Organizations: Radio City Music Hall, Service, CR, Wembley, Chicago, Indianapolis, Gen Con, New York Comic Con, Hollywood Bowl, MGM, Garden Locations: Australia, Los Angeles, Chicago, Fishers, Indianapolis, Sydney, Melbourne, New York, New Jersey, York, Seattle, Las Vegas, South America, Singapore
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