TikTok Deal: US Concerns over Chinese Algorithm Control
Despite a new US TikTok deal, concerns remain about Chinese algorithm control and potential espionage. Legislators fear ByteDance's continued stake and the licensing agreement.
Zaslav, WBD, and Ellison’s Bid: A Media Shakeup
David Zaslav navigates Warner Bros. Discovery (WBD) amid Ellison's acquisition interest. Strategic moves and potential bidding wars shape the media landscape. Key players: Malone, Netflix, Amazon.
Madoff Scandal: Trustee Seeks Luxury Apartment Breakup
Madoff trustee presses NYC power couple to sell part of their luxury Manhattan apartment to compensate victims. The couple profited $16.9M from the Ponzi scheme. Picard aims to recover funds.
TikTok US Deal: Trump, Murdoch, Ellison & ByteDance
Trump mentioned Lachlan Murdoch may join Ellison & Dell in a TikTok US deal. Concerns remain over ByteDance and national security, with deadlines approaching. Details are still vague.
Eisner Criticizes Iger Over Kimmel Suspension: Disney Controversy
Ex-Disney CEO Eisner criticizes Iger's decision to suspend Kimmel after FCC pressure, highlighting tensions and potential financial/political influence. Iger's handling of the situation is questioned amid affiliate rebellion.
Ryder Cup: Fashion, Tickets, and Unique Locales
The Ryder Cup sees high ticket prices and designer apparel from Ralph Lauren and Loro Piana. It highlights Long Island, with Joby Aviation's Blade system accommodating visitors.
Colorado Ski Passes: Save Money on Family Skiing
Explore Colorado ski passes like Epic & Colorado Ski Country USA for discounts! Kids can ski free/cheap. Smaller resorts & weekday skiing save money. Rent gear for kids!
Google’s AI Overviews Face Lawsuit: Copyright Concerns
Penske Media sues Google over AI Overviews, alleging copyright infringement and revenue loss. Google's AI overviews threaten publishers. Lawsuit highlights fight over web traffic and AI-generated content.
Elon Musk’s Pay & Tesla’s Future: Generational Leader?
Elon Musk's leadership and proposed pay ($1T) spark debate. Tesla shares rise after his recent stock buy ($1B) despite delivery drop. Board's plan linked to ambitious goals. Generational Leader. Human Value
Fresco Restaurant: Lease Renewal & Midtown Development
Fresco by Scotto, a popular Italian restaurant, celebrates a 10-year lease renewal in Midtown. Amidst new development at 350 Park Ave, Fresco's future looks bright with supportive landlords.
UBS Considers Moving HQ to US Amidst Stricter Swiss Regulations
UBS explores relocating its headquarters to the US, attracted by deregulation efforts and potential mergers, amid stricter Swiss capital requirements. Trump admin officials are in talks.
Kirk Killing: Antisemitic Conspiracy Theories Emerge
Following Charlie Kirk's murder, antisemitic conspiracy theories exploded online, blaming Israel. The ADL condemns the exploitation of the event by bad actors spreading misinformation and prejudice.
Paramount Skydance Eyes Warner Bros. Discovery Acquisition
David Ellison's Paramount Skydance considers acquiring Warner Bros. Discovery amid restructuring. A deal could unite major media brands and Hollywood studios. Focus on streaming, movie slate, and cost reduction.
BLS Data Collection Challenges & Mitigation
BLS faces data collection challenges due to resource restrictions and budget cuts, impacting CPI, PPI, and payroll reporting. An audit is underway. Mitigation strategies are needed.
Chevron CEO: Energy, AI, and Pragmatism in the Fuel Mix
Chevron CEO Mike Wirth discusses energy needs, AI's impact, and the role of fossil fuels despite cleaner alternatives. He emphasizes balancing renewable investments with current energy realities and rising global demands.
Pichai, Google & AI: High-Profile Tech Event & US Investments
Pichai and other tech CEOs, including Zuckerberg, Cook, and Altman, discussed US investments and AI. Google celebrated a positive ruling after a long legal process.
Federal Reserve Under Scrutiny: Bessent Calls for Review
Treasury Secretary Bessent urges renewed scrutiny of the Federal Reserve's policies and independence amid Trump administration pressure. Fed's role in setting interest rates and its insulation from political influence are questioned.