Kansas City Chiefs’ Patrick Mahomes in action, Super Bowl, Raymond James Stadium, Tampa, Florida, February 7, 2021. Shannon Stapleton | Reuters To understand the big challenge facing American media, look at Super Bowl ratings over the past ten years. This year’s game got 96.4 million viewers, the lowest rating since 2007. There are all sorts
Technology
From left, the flags of the Hong Kong Stock Exchange, China and Hong Kong are seen flapping in the wind on May 6, 2019. Anthony Wallace | AFP | Getty Images Venture firm DCM just generated a $16 billion return from the IPO of Chinese social media app Kuaishou. The listing took place in Hong
CNBC recently got a tour of Lucid Motors’ new factory in Casa Grande, Arizona, where it will build its luxury electric sedan, the Air. The first phase of the facility was completed in November 2020, about a year from when construction broke ground. Lucid is currently building “release candidates” of the Air as it prepares
The front of Qualcomm office on November 1, 2017 in San Jose, California. Justin Sullivan | Getty Images News | Getty Images U.S. chipmaker Qualcomm has told regulators around the world that it is against Nvidia’s $40 billion acquisition of British chip designer Arm, according to sources familiar with the matter. The company has told
Amazon vans line up at a distribution center to pick up packages for delivery on Amazon Prime Day, July 16, 2019, in Orlando, Florida. Paul Hennessy | NurPhoto | Getty Images Last week, Amazon triggered privacy concerns when it confirmed it’s rolling out AI-enabled cameras in vans used by some of its contracted delivery partners.
The bronze Charging Bull in the financial district of New York City. Robert Nickelsberg | Getty Images LONDON — The SPAC craze is starting to gain some momentum in Europe. After a banner year for so-called special purpose acquisition companies in the U.S., a growing number of blank-check firms are raising funds with the intention
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is set to report earnings for the first quarter of 2021 after the
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images LONDON — Adyen, the European fintech giant processing payments for the likes of Facebook, Netflix and Uber, isn’t convinced bitcoin can be used as a mainstream form of payment. Pieter van der Does, the firm’s CEO and co-founder,
A close up image of a CPU socket and motherboard laying on the table. Narumon Bowonkitwanchai | Moment | Getty Images A chip shortage that started as consumers stocked up on personal computers and other electronics during the Covid-19 pandemic now threatens to snarl car production around the world. On Tuesday, GM said that it
A woman walks past the Baidu booth at the China International Technology Fair in Shanghai. STR | AFP | Getty Images GUANGZHOU, China — Chinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC. The move is emblematic of
Omnichannel Media Buying Platform – By Rahil Shaikh Digital media agencies currently use multiple media buying platforms to execute their digital campaigns to reach their audience across Web, Mobile, CTV & Digital-Out-of-Home via different SSPs. This leads to multiple issues because the features provided across different platforms are not the same and marketers need to
A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Rideshare company Lyft reported fourth-quarter earnings on Tuesday,
Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China, January 7, 2020. Aly Song | Reuters Tesla announced Monday that it bought $1.5 billion worth of bitcoin, according to a filing with the SEC. The company said it bought the bitcoin for “more flexibility
While watching the Super Bowl Sunday night, viewers in certain markets saw an eye-catching five-second ad from Reddit. “Wow, this actually worked,” text on the ad read. “If you’re reading this, our bet paid off.” The ad, which ran in only certain markets, initially caused a bit of confusion. Many paused their broadcasts to read
Contrary to popular belief, Elon Musk did not start Tesla. He certainly made it his own over the years, investing early on and then overseeing its growth from niche luxury carmaker to mass production, adding on a solar business, and pushing self-driving technologies. However, the tech titan — and now the world’s richest man — was
NBC Nightly News and Dateline NBC anchor Lester Holt It’s time to start thinking about a new business model for news. In the past year or so, nearly every media company has launched a subscription video-on-demand (SVOD) service. Most haven’t incorporated their full news divisions into the products, which are dominated by entertainment. Disney‘s three