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☆ A day in the life of Robert Rivani, a 34-year-old real-estate mogul with $750M in deals who left LA to invest in Miami
▼ + stars: | 2024-07-07 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +8 min

Read previewRobert Rivani got a taste for business flipping shoes as a teenager in his hometown of Los Angeles. At 18 years old, Rivani said he was approached to sell his shoe collection for over $150,000 and he took it. Rivani left California in 2022 to make his mark in Miami, where he's grown his real-estate portfolio. Even that 45-minute drive is valuable time, so his personal assistant or wife drives while Rivani texts and takes calls. Rivani has the luxury of having restaurants, including Delilah Miami, as tenants and can host multiple meetings in one location instead of bouncing around Miami.

Persons: —, Robert Rivani, Rivani, Lion, Williams, Harry Potter, Krystal, Anna Orsborn, I've, Delilah Miami, Michael Timzil Nio, — that's, we're, he's Organizations: Service, Jordan, Business, Beverly Hills, 1Ten, Vikings Locations: Los Angeles, California, Miami, South Florida, Miami Beach, Elm, Williams Sonoma, Beverly, East Coast

☆ Paramount Agrees to Merge With Skydance
▼ + stars: | 2024-07-07 | by ( Benjamin Mullin | Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Paramount’s board on Sunday signed off on a deal to merge with Skydance, according to two people familiar with the negotiations, ushering in a new era for CBS, Nickelodeon and the film studio behind the “Top Gun” and “Mission: Impossible” franchises. Ms. Redstone, Paramount’s board chair, is cashing in much of her ownership in the company she fought to preserve and control. David Ellison, the tech scion behind Skydance, will become the top power broker at Paramount. The Ellisons’ considerable resources was a major selling point for the Redstones, who were seeking to fortify Paramount for the long-term. Paramount has tried to replace its fading cable TV enterprise with streaming businesses like Paramount+, but those efforts are still nowhere near as profitable as traditional TV operations.

Persons: David Ellison, Ellison, Larry Ellison Organizations: Sunday, CBS, Nickelodeon, Paramount, Oracle, Netflix Locations: Hollywood

☆ Meet David Ellison, Paramount’s Future Boss and Hollywood’s Newest Mogul
▼ + stars: | 2024-07-07 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +1 min

David Ellison’s Hollywood career has been defined by high-octane blockbusters filled with suspense, stunts and improbable plot twists. If the deal closes, he will be in charge of a sprawling media empire that includes CBS, MTV and the Paramount movie studio. Though Mr. Ellison, 41, joined the cast of Hollywood’s power players more than a decade ago, he hasn’t taken center stage until now. Who is David Ellison, and what is his company, Skydance? It wasn’t until he became a producer that his star in Hollywood began to rise.

Persons: David Ellison’s, Shari Redstone, Ellison, David Ellison, ” Organizations: David Ellison’s Hollywood, Paramount, CBS, MTV, Hollywood

☆ The White Party That Brought Kim Kardashian, Drake and Tom Brady to the Hamptons
▼ + stars: | 2024-07-05 | by ( Rachel Sherman | ) www.nytimes.com time to read: +1 min

It’s hard to name just one noteworthy guest who attended the Fourth of July White Party hosted by the business mogul Michael Rubin and his fiancé, the model Camille Fishel, this year. Tom Brady, Kim and Khloé Kardashian, Megan Fox, Drake and Emily Ratajkowski were only some of the celebrities in bright white outfits who flitted about the couple’s sprawling Long Island estate on Thursday, rubbing elbows and generating content galore. It was the fourth edition of Mr. Rubin and Ms. Fishel’s annual Independence Day bash in the Hamptons where bodycon dresses reign supreme. “Imagine walking into Liv Miami,” Ms. Fishel, 33, said in an interview. The property is flanked by views of Mecox Bay on one side, and ocean vistas on the other.

Persons: Michael Rubin, Camille Fishel, Tom Brady, Kim, Khloé Kardashian, Megan Fox, Drake, Emily Ratajkowski, Rubin, Liv Miami, Ms, Fishel, “, ”, Mr Organizations: White, Hamptons, The New York Times, Real Locations: Long, fraternize, Water Mill, N.Y, Mecox

☆ Sean ‘Diddy’ Combs accused of sex trafficking and sexual assault in lawsuit by former adult film actress
▼ + stars: | 2024-07-04 | by ( Elizabeth Wagmeister | Elizabeth Joseph | ) edition.cnn.com time to read: +2 min

CNN —Adria English, a former adult film actor who says she worked for Sean “Diddy” Combs between 2004 and 2009, accused the embattled music mogul of sex trafficking and sexual assault, according to a lawsuit filed Wednesday. The lawsuit marks the ninth against Combs since last November and the eighth directly accusing him of sexual assault. One of the eight lawsuits, filed by former girlfriend Cassie Ventura, has been settled. Another lawsuit accused his son Christian Combs of sexual assault, and Sean Combs is accused of aiding and abetting. Combs has vehemently denied claims from many of the civil suits but has not responded to all of the allegations.

Persons: Sean “ Diddy ” Combs, Combs, Cassie Ventura, Christian Combs, Sean Combs, ” Jonathan Davis, “, ” Organizations: CNN — Adria, Hamptons, Court, Southern, of, CNN, US Justice Department, Bad Boy Records Locations: New York, Miami , Florida, of New York

☆ Modi to visit Moscow next week as Kremlin says ‘all issues on the agenda’
▼ + stars: | 2024-07-04 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

CNN —Indian Prime Minister Narendra Modi will visit Moscow next week for the first time since Russia invaded Ukraine, a sign of the growing relationship between the two countries even as New Delhi maintains strong ties with the United States. Modi’s visit is widely seen as the latest dent in efforts by Western leaders to cast Putin aside. India’s ties with Russia date back decades to the Cold War and have remained strong despite repeated sanctions on Moscow from Western governments. Confirmation of Modi’s visit comes as Russia draws ever closer to China, potentially making New Delhi uncomfortable due to its longstanding Himalayan border dispute with Beijing that has simmered in recent years. But Modi’s visit is set against the backdrop of India’s growing relations with the US, as both countries share concerns over China’s assertiveness in the Indo-Pacific region.

Persons: Narendra Modi, Modi, Vladimir Putin, ” Modi’s, China –, Modi’s, Putin, Xi Jinping, ”, Dmitry Peskov, Kim Jong Un, China’s, Joe Biden, Gan Organizations: CNN, Indian, India’s Ministry, External Affairs, Kremlin, Russia, United Nations Security Council, Shanghai Cooperation Organization, SCO, US, North Locations: Moscow, Russia, Ukraine, Delhi, United States, India, China, Western, New Delhi, Beijing, Kazakhstan, Pyongyang, Brazil, South Africa, Washington, Japan, Australia, ’

☆ Anant Ambani, Radhika Merchant wedding: Everything you need to know about India’s wedding of the year
▼ + stars: | 2024-07-03 | by ( Rhea Mogul | ) edition.cnn.com time to read: +11 min

Extravagant pre-wedding celebrations have already sent Indian media into a frenzy and social media feeds are abuzz over what’s to come. Anant Ambani and Radhika Merchant at their pre-wedding celebrations in Jamnagar, Gujarat, India on March 1, 2024. The Ambani pre-wedding celebrations had elaborate floral arrangements. Actor Ranveer Singh and his wife and actor Deepika Padukone pose for a photo during the pre-wedding celebrations earlier this year. Coordinating with Merchant, Ambani also wore a custom black suit designed by Wun, encrusted with jewels.

Persons: Anant Ambani, Radhika Merchant, Mark Zuckerberg, Bill Gates, partygoers, Katy Perry, Andrea Bocelli, Mukesh, Nita Ambani –, Reuters Ambani, Mukesh Ambani, Ambani, Anant, Viren Merchant, Nita, Manish Malhotra, ”, Merchant, “, Radhika, Mangal Utsav, Vishnu, Nita Ambani, Manish Malhotra Malhotra, Ranveer Singh, Deepika Padukone, Malhotra, Sabyasachi Mukherjee, Tarun Tahiliani, lehenga, Manish Malhotra Ambani’s, Rohit Bal, Lorraine Schwartz, Versace, Blake Lively, Robert Wun, ” Mareesha, Salman Khan, Ram Charan, Shah Rukh Khan, Aamir Khan, Narendra Modi, ” Parikh, Vanessa Almeida, Jamnagar Organizations: CNN, Backstreet Boys, Convention, Reliance Industries, Reuters, Bloomberg, Brown University, Reliance, pharma, Viren, Encore Healthcare, New York University, Vogue, sangeet, Sangeet, Merchant, All India Traders Locations: what’s, Jamnagar, Europe, Mumbai, Gujarat, India, Jamnagar ., Bharatnatyam, Agra, Uttar Pradesh, Hong Kong, Goa

☆ Oakley founder lists $68 million brutalist home — see inside the concrete compound that looks like a Bond villain's lair
▼ + stars: | 2024-07-02 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

James Jannard listed a Beverly Hills compound for $68 million shortly after his record Malibu sale. The Oakley founder recently set a record with a $210 million Malibu mansion sale, surpassing Jay-Z. Jannard's net worth is an estimated $1.3 billion, per Forbes. AdvertisementJust days after making a record-breaking Malibu mansion sale for $210 million, Oakley founder James Jannard is back with another mammoth listing. The sunglasses mogul just put his Beverly Hills cement compound up for sale at $68 million, as first reported by Realtor.com.

Persons: James Jannard, Jay, —, Oakley, Realtor.com, Jannard Organizations: Malibu, Oakley, Forbes, Service, Beverly, Business Locations: Beverly, Malibu

☆ Media mogul Barry Diller weighs a bid to gain control of Paramount
▼ + stars: | 2024-07-02 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Media mogul Barry Diller is taking a look at acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount, CNBC's David Faber reported on Tuesday. Diller's IAC , an internet media and publishing company, has signed a nondisclosure agreement and is looking in the data room of National Amusements, Faber said Tuesday. These discussions come weeks after National Amusements stopped talks with Skydance on a proposed merger with Paramount. National Amusements, which Redstone controls, holds 77% of class A Paramount shares. Prior to calling off the proposed merger, National Amusements had agreed to financial terms of the deal, CNBC reported.

Persons: Barry Diller, Shari Redstone, CNBC's David Faber, Faber, Skydance, David Ellison's Skydance, RedBird Organizations: Paramount Global, Media, National Amusements Inc, Paramount, Diller's IAC, Amusements, IAC, National, RedBird Capital, KKR, National Amusements, CNBC Locations: Redstone

New Delhi CNN —A crowd crush at a religious gathering in northern India killed more than a hundred people Tuesday, mostly women, in one of the deadliest such incidents the country has seen in recent years. Almost all those killed were women, Singh said earlier, with at least seven children also among the dead. An estimated 80,000 people had been expected to attend the event, where Bhole Baba was giving a sermon. Permission was sought for the event with 80,000 attendees, however a crowd of more than 250,000 devotees gathered, the report said. People there pulled them out,” Shakuntala Devi told the Press Trust of India news agency, according to the Associated Press.

Persons: Bhole Baba, godman, Sandeep Singh, Singh, ” Singh, Anupam Kulshreshtha, Bhole, ”, Shakuntala Devi, General Shalabh Mathur, Narendra Modi, Modi, “ Organizations: New, New Delhi CNN, Police, State for Education, Local, CNN, “, Press Trust of India, Associated Press, Reuters Locations: New Delhi, India, Garhi, Uttar Pradesh, Hathras district, Agra, Ambala, Etah district, Jammu, Maharashtra

It’s unclear how far along the talks between IAC and National Amusements are. A bid to take control of Paramount would be a coda of sorts for Mr. Diller, 82, who tried to acquire Paramount Pictures in the early ’90s. Mr. Diller was named head of Paramount Pictures in 1974 at the age of 32. After Mr. Redstone outbid him for the company, Mr. Diller set his sights on continuing to build his new media empire, striking a series of audacious deals to expand IAC. “They won,” Mr. Diller said in a statement after losing out to Mr. Redstone.

Persons: Edgar Bronfman Jr, Steven Paul, Diller, Sumner Redstone, Shari, rejuvenating, Michael Eisner, wunderkind Jeffrey Katzenberg, ” Mr, Shari Redstone Organizations: IAC, National, Hollywood, Paramount, Paramount Pictures, Disney, “, Amusements, Skydance, National Amusements

☆ Delhi, India airport: Terminal 1 roof collapse kills one, injures others
▼ + stars: | 2024-06-28 | by ( Rhea Mogul | Aishwarya S. Iyer | ) edition.cnn.com time to read: +2 min

Delhi Fire Services assistant divisional officer Ravinder Singh said rescuers got to the scene to find two support pillars had collapsed over a car. Photos of the scene released by the fire service showed the large white canopy of the roof had plunged to the ground, crushing several cars. India’s minister of Civil Aviation, Ram Mohan Naidu Kinjarapu, said he was “personally monitoring” the collapse in a statement on X. Parts of the capital territory of Delhi experienced heavy rainfall this week, flooding roads and submerging cars. Earlier this month, at least nine people were killed and dozens of others injured after a cargo train collided with a passenger train in eastern India.

Persons: Ravinder Singh, ” Singh, “, ”, Ram Mohan Naidu Kinjarapu Organizations: New, New Delhi CNN, Indira Gandhi International, Delhi Fire Services, CNN, Civil Aviation Locations: New Delhi, New Delhi’s, Delhi, India, Morbi, Gujarat

☆ Rupert Murdoch just slashed the price of his Manhattan penthouse by half. See inside the $28.5 million apartment he can't seem to sell.
▼ + stars: | 2024-06-28 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Rupert Murdoch has cut the price of his three-floor New York City apartment to $28.5 million. to $28.5 million. The media mogul, 93, listed the property for $62 million in 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Now, in his latest bid to shift the property, he's selling it for $28.5 million, more than half its original listing price.

Persons: Rupert Murdoch, —, Elena Zhukova Organizations: Service, Fox Corporation, News Corp, Air, Business Locations: York City, Manhattan, New York City, Madison, Bel, Air , California

☆ Inside Rudy Giuliani's bankruptcy spending: $100 on pizza, $4 polyester ties, and 'deep bronze' tanning lotion
▼ + stars: | 2024-06-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

They also include quite a few Amazon purchases, including cheap ties and "deep bronze" tanning lotion. For the first time, Giuliani disclosed the financial details of Giuliani Communications, the company he owns that produces his video livestreams on social media. On a monthly basis, Giuliani Communications spends more money than it makes — even before the WABC cancellation. Earlier filings were compiled by Joseph Ricci, an accountant whose firm was paid $4,000 by Giuliani Communications in May. Ricci has since declined to work on the banruptcy, Giuliani's lawyers have said.

Persons: —, Rudy Giuliani, Giuliani, Maria Ryan, it's, Donald Trump, Tanner, Bice, Giuliani —, Wandrea Moss, Ruby Freeman, Jose Luis Magana It's, Giuliani's, Mike Lindell, John Catsimatidis, Ryan Organizations: Service, New, New York City, Business, Giuliani Communications, New York, eBay, Verizon, Citi, AP, Giuliani's, WABC, Republican Locations: New York, Arizona, New York City, Amazon, Manhattan, Palm Beach, Washington , DC, MyPillow, American

☆ 911 call logs for Tesla's HQ reveal reports of 'terroristic' threats and attempted extortion
▼ + stars: | 2024-06-26 | by ( Natalie Musumeci | Grace Kay | ) www.businessinsider.com time to read: +14 min

"Wire $300,000 dollars to bitcoin account within 12 hours," the email to Kirkhorn added, according to the incident report. The case was ultimately suspended and no arrest was ever made, according to the incident report and Dark. AdvertisementSome Tesla workers told BI that tight production deadlines and the intensity of the work could sometimes create a high-pressure environment. We were just standing outside the building waiting to go back to work," one worker, who was there during the ordeal, told BI. The sheriff's office told local news at the time that the building was cleared and there was "nothing to substantiate the presence of a shooter at all."

Persons: —, Elon Musk, Musk, Tesla, Zachary Kirkhorn, Zachary Kirkhorn —, Austin Gigafactory, Kirkhorn, Travis, Kristen Dark, SUZANNE CORDEIRO, Austin, Joe Biden, Justin Mathew McCauley of, McCauley's, McCauley, Justin Sullivan, they'd, Apu Gomes, X, Mark Zuckerberg, Zuckerberg, Meta, Sheryl Sandberg, John Lennon Organizations: Service, Business, Securities, Exchange Commission, BI, YouTube, Tesla's, Tesla, Street Journal, Office, Musk, FOX, Austin, Factory, Getty, Elon, SEC, Meta, Twitter, BBC Locations: Austin, Travis, Texas, Nigeria, Justin Mathew McCauley of Minnesota, Minnesota, Fremont , California, Tesla's, Sparks , Nevada, Nevada

☆ India’s Modi to visit Moscow soon, Russian state media says
▼ + stars: | 2024-06-26 | by ( Rhea Mogul | ) edition.cnn.com time to read: +2 min

Preparations are being made for Modi’s visit to Moscow and dates will be announced soon, Kremlin spokesperson Yuri Ushakov said, according to Russia’s state-owned TASS news agency. “I can confirm that we are preparing a visit by the Prime Minister of India,” he said, according to TASS. India’s ties with Russia date back decades to the Cold War and have remained strong despite repeated sanctions on Moscow from Western governments. At the same time, India’s ties with the United States have grown stronger, amid shared concerns over China’s assertiveness in the Indo-Pacific region. Modi met with US President Joe Biden during a state visit to Washington last June, in a trip further cementing their defense, trade and technology partnership.

Persons: Narendra Modi, Yuri Ushakov, ”, India’s, Modi, Vladimir Putin, Putin, China –, China’s, Joe Biden Organizations: CNN, Indian, TASS, Affairs, Shanghai Cooperation Organization, Russia, United Nations, Kremlin, SCO Locations: Russia, Ukraine, Washington, Moscow, India, Russian, Uzbekistan, New Delhi, Western, China, United States, ’, Japan, Australia

☆ Trump’s company is valued ‘absurdly out of the realm of normal,’ LinkedIn billionaire says
▼ + stars: | 2024-06-25 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

But the LinkedIn co-founder is dumbfounded by the size of the social media fortune former President Donald Trump is sitting on. Trump’s conservative social media company, Truth Social owner Trump Media & Technology Group, is valued by Wall Street at a whopping $6 billion — even after a recent plunge in its share price. “That is wildly high,” Hoffman, who is now a director at Microsoft and a venture capital investor, told CNN. Trump’s stake is worth nearly $4 billionHoffman is hardly the first to express disbelief at the valuation of Trump Media. Based on Monday’s share price, Trump’s 114.75 million shares in Trump Media are valued at nearly $4 billion.

Persons: New York CNN — Reid Hoffman, Donald Trump, ” Hoffman, “, Elon Musk’s, Hoffman, Trump, Meta, —, Jay Ritter, Barry Diller Organizations: New, New York CNN, LinkedIn, Truth Social, Trump Media & Technology Group, Wall, Microsoft, CNN, Trump Media, Nasdaq, Reddit, Meta, Facebook, “ Trump Media, ” Trump Media, Trump, SEC, GameStop, AMC, University of Florida, ” Billionaire, MGM Resorts International, CNBC, White Locations: New York

☆ Our contributors rewatched the 2020 Biden-Trump debates for clues. Here’s what they predict will happen Thursday
▼ + stars: | 2024-06-24 | by ( Cnn Opinion | ) edition.cnn.com time to read: +27 min

Kate Bedingfield served as White House communications director in the Biden administration and was the deputy campaign manager on Biden’s 2020 presidential campaign. That contentious exchange during the 2020 debate put Biden on the defensive. A President Trump might make their decisions about retirement that much easier. David Urban, a CNN political commentator, served as an adviser to then-President Trump’s 2020 re-election campaign. On Thursday, President Biden needs to do it again.

Persons: isn’t, Joe Biden’s, Donald Trump’s, —, Stephanie Griffith, Scott Jennings, Trump, Donald Trump, Joe Biden, Biden, counterpunched Biden, CNN Trump masterfully, ” Scott Jennings Trump, mightily, George W, Bush, Sen, Mitch McConnell, Sophia A, Nelson Stephanie Honikel, Chris Wallace, Wallace, Trump’s, it’s, Nelson, It’s, Kate Bedingfield, Donald Trump Kate Bedingfield, Shermichael Singleton, Bill Clinton’s, James Carville, “, Democratic Barack Obama, they're, aren’t, “ It’s, David Axelrod, people’s, ” Biden, jibing Trump, ”, Barack Obama, Obama, David Urban, Amy Coney Barrett, Amy Coney Barrett's, Roe, Wade, Ronald Reagan, Bill Clinton, Reagan, Clinton, ” David Urban, Dobbs, Lady Jill Biden, Samuel Alito, Clarence Thomas, Bakari Sellers, Abraham Lincoln, chokeholds, Emmett Till, HBCUs ? Biden, Hilary Krieger Organizations: CNN, White, Biden, Scott Jennings CNN, Trump, Democratic, Republican, RunSwitch Public Relations, Capitol, GOP, Republican Government Reform, White House, NBC, Marist, Fox News, Global, Senate, United, Appeals, Federalist Society, American, United State Supreme Court, National Guard, South Carolina House of, Strom Law, CNN Opinion’s Locations: Cleveland , Ohio, Nashville , Tennessee, New York, Louisville , Kentucky, Charlottesville , Virginia, “, White, Charlottesville, Michigan, Scranton, Claymont, America, United States, Pennsylvania, HBCUs

Trump’s campaign insists the former president is his own best adviser and he alone will make the call. Vance,” Trump Jr. told Newsmax in January. That’s a key concern of Trump’s top advisers who have otherwise let the former president dictate the process. “President Trump should not be made to explain other people’s scandals or statements.”Burgum’s wealth may have worked in his favor for a time when Trump trailed President Joe Biden in the money wars. But the recent influx of cash into the campaign following Trump’s fundraising blitz and criminal convictions has blunted that advantage.

Persons: Donald Trump, Donald Trump Jr, Sen, J.D, Vance, Rupert Murdoch, Trumpworld, Doug Burgum, Sean Hannity, Florida Sen, Marco Rubio, Trump, —, Burgum, Rubio, South Carolina Sen, Tim Scott, Elise Stefanik, Byron Donalds, Ben Carson, “, Susie Wiles, Chris LaCivita, Wiles, “ Susie, Nikki Haley, Scott, In Rubio, Hannity, Kellyanne Conway, Trump’s, Mike Pence, Conway, ” Conway, namechecked Donalds, Marc Andreessen, Brian Hook, Bill Ackman —, Ken Griffin, Griffin, Haley, Steve Bannon, Bannon, Paul, Trump’s Jesus, Jesus, ” Bannon, ” Trump, Newsmax, ” Tucker Carlson, Carlson, Vance “, I’ve, Pence, ”, bankroll, Marco Rubio’s, Joe Biden Organizations: CNN, Ohio Republican, North Dakota Gov, Fox News, Florida, Trump, Republican National Convention, House GOP, Florida Rep, Urban, Street, South Carolina Gov, Indiana Gov, Washington Post, Democratic Party, The New York Times, Wednesday, White, Politico, Trump Jr, GOP, Fox, North, Republican, New, ”, Wall Street, Murdoch’s, Corp, “ Locations: Milwaukee, South Carolina, Florida, New York City, Nevada, Conway, Mar, Washington, South Florida, Miami, Vance’s, North Dakota, White

CNN —American rapper Travis Scott was arrested and booked into Miami-Dade County Jail early Thursday morning, county jail records show. Scott, whose legal name is Jacques Bermon Webster, was booked into jail at 4:35 a.m. and is facing charges of trespassing property after being given a warning and disorderly intoxication, according to jail records. A $650 bond has been submitted for 33-year-old Scott, jail records show. The album was nominated for a Grammy for best rap album, and “Sicko Mode” was nominated for best rap song and best rap performance. Last year, he released “UTOPIA,” which was nominated for best rap album, his 10th Grammy nomination.

Persons: Travis Scott, Scott, Jacques Bermon Webster, ”, Drake, Kylie Jenner, Kardashian, Jenner Organizations: CNN, Miami, Jail, Miami Beach Marina Locations: Dade

☆ Oakley mogul sells $210 million Malibu mansion to a mystery buyer
▼ + stars: | 2024-06-20 | by ( Dan Latu | ) www.businessinsider.com time to read: +1 min

Sunglasses mogul James Jannard broke a California record with the sale of his $210 Malibu home. Last year, Jay-Z and Beyoncé had set a record after selling their $200 million Malibu compound. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Jannard sold his Malibu mansion for $210 million, first reported by the Los Angeles Times. The new owner's name is shrouded behind an anonymous LLC, the Times reported.

Persons: James Jannard, Jay, Beyoncé, —, Oakley, Jannard Organizations: Malibu, Service, Los Angeles Times, Times Locations: California

☆ Elon Musk is trying to woo advertisers after telling them to ‘go f–k yourself’
▼ + stars: | 2024-06-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk told advertisers last year to “go f**k yourself.” This year, he is showcasing a much different attitude. The erratic billionaire, realizing that he very much needs major advertisers to power X, was in the South of France on Wednesday, attending Cannes Lions, the world’s largest advertising festival. Put together, it’s is no mystery why major brands have taken their advertising dollars elsewhere. Musk even said at the time that the damage to X’s bottom line was so great, it could eventually kill the company. Musk likely does not want to see the platform go the way of the woolly mammoth, which is why he is now trying to woo advertisers back.

Persons: New York CNN — Elon Musk, Mark Read, Musk, —, ” Read, Andrew Ross Sorkin, hadn’t, “, ” Musk, X, it’s, ”, Joe Biden’s, Donald Trump Organizations: New York CNN, France, Cannes Lions, WPP, SpaceX, Associated Press, Washington Post, Democratic Party, Republicans Locations: New York, South, Israel, Mexico, Washington

The tycoon, Ibrahim al-Organi, chairman of Organi Group, oversees a vast network of companies involved in construction, real estate and security. But it is Hala — a company that Organi Group has listed as one of its own — that has drawn the most scrutiny. Organi Group did not respond to a request for comment about why it had removed Hala from the website. Organi Group has at least eight businesses. The company lists Mr. Organi as its chairman and his son, Essameldin Organi, as the chief executive.

Persons: Ibrahim al, Hala, Organi, Essameldin Organizations: Organi Group, Organi Locations: Egyptian, Hala —, Gaza, Hala

☆ Pulitzer Prize-winning Washington Post journalists call for leadership change amid publisher scrutiny
▼ + stars: | 2024-06-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Two Pulitzer Prize-winning journalists at The Washington Post went on the record late Wednesday, calling for leadership change at the storied newspaper as questions swirl over the integrity of its new publisher and chief executive, Will Lewis. “Will Lewis needs to step down for the good of The Post and the public,” Higham replied in a comment on Maraniss’ post. “He has lost the newsroom and will never win it back.”Spokespersons for Bezos and The Post did not immediately comment. Inside The Post’s newsroom, morale has plunged as staffers express alarm over Lewis’ conduct and worries over the future direction of the newspaper under his leadership. “Bezos must recruit an accomplished, experienced editor whom journalists admire and trust.”

Persons: Will Lewis, “, ” David Maraniss, ” Maraniss, Jeff Bezos, Lewis, ” Scott Higham, Maraniss, “ Will Lewis, ” Higham, ”, Lewis ’, Robert Winnett, Rupert Murdoch’s, David Folkenflik, ” Lewis, Bezos, ” Bezos, Jeffrey Sonnenfeld, Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: CNN, The Washington Post, The, New York Times, NPR, Post, Yale School of Management

☆ Jeff Bezos breaks his silence about turmoil at The Washington Post
▼ + stars: | 2024-06-18 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Jeff Bezos, the billionaire owner of The Washington Post, broke his silence Tuesday on the mounting turmoil within his newspaper, expressing support for maintaining high standards at the storied publication as questions swirl over the ethical integrity of its new publisher, Will Lewis. Bezos added in the memo, which was obtained by CNN, that “it can’t be business as usual” at The Post, which has been plagued by financial and audience woes. With your support, we’ll do that and lead this great institution into the future,” Bezos wrote. “But, as the newsroom leaders who’ve been shaping and guiding our coverage, you also know our standards at The Post have always been very high. That can’t change — and it won’t.”“You have my full commitment on maintaining the quality, ethics, and standards we all believe in,” Bezos added.

Persons: Jeff Bezos, Will Lewis, “, ” Bezos, Lewis, Bezos, Carlotta Cardana, ”, Lewis ’, Robert Winnett, Rupert Murdoch’s, David Folkenflik, ” Lewis, Jeffrey Sonnenfeld, Sonnenfeld, Katharine Graham, Ben Bradlee, Marty Baron, ” Sonnenfeld, “ Bezos Organizations: CNN, The Washington Post, The News, Bloomberg, Getty, New York Times, NPR, Post, Yale School of Management Locations: The, London

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