Podcaster and comedian Joe Rogan. Vivian Zink | SYFY | NBCUniversal Spotify has signed a new blockbuster deal with polarizing podcaster and comedian Joe Rogan, but this time, his show won’t be exclusive to Spotify, the company announced Friday in a news release. The multiyear deal with Rogan, the founder of “The Joe Rogan Experience,” … Read more
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on September 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom is cutting about 150 jobs, CNBC confirmed on Thursday, the latest tech company to slash headcount this year as investors continue to push for efficiency. A Zoom spokesperson confirmed … Read more
Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022. Patrick T. Fallon | AFP | Getty Images Byron Allen, the media mogul offering $14 billion for Paramount Global, told CNBC Wednesday he has the money to finance a … Read more
Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of “Mean Girls.” Paramount Paramount is making a habit of greenlighting low- to mid-budget films for its streaming service, only to about-face and send them to theaters first. As the media company and its rivals try to claw their way … Read more
Super Micro CEO Charles Liang. Source: Supermicro Shares of Super Micro Computer popped more than 5% on Tuesday, a day after the company handily exceeded estimates and raised its full-year revenue outlook in its fiscal second-quarter earnings report. Super Micro said revenue for the quarter came in at $3.66 billion, up from the $3.06 billion … Read more
American workers are spending too much time looking at screens. More than 104 million people in the U.S., including nearly 70% of people working office jobs, spend upward of seven hours a day looking at screens, according to a Tuesday report from the Deloitte Economics Institute and the American Optometric Association. As a result, symptoms … Read more
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony is making a bold bet on Africa’s video game industry. The Japanese consumer electronics and gaming giant has invested an undisclosed sum into Carry1st, a video game studio based in Cape Town, South Africa, via its Sony Innovation Fund … Read more
Guests ride a rollercoaster at Six Flags Magic Mountain theme park in Valencia, California, US, on Saturday, Nov. 4, 2023. Eric Thayer | Bloomberg | Getty Images The theme park business, like many others, is consolidating and changing along with consumer habits. In the wake of Covid-19, and as consumers more carefully choose where they’re … Read more
What a heinous month for the media. Almost every day, a publication announces layoffs or shuts down. Sports Illustrated just let go almost all of its staff after weathering an embarrassing scandal about AI-generated articles. It’s unclear what the desiccated magazine’s future holds, but the sad fate of another formerly great outlet offers a preview … Read more
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap. Don’t tell that to the … Read more
