Goldman Sachs CEO and Chairman Lloyd Blankfein sat down with Kristen Scholer for a wide-ranging interview. Blankfein shared his thoughts on President Trump, who he recently met with at the World Economic Forum in Davos. While he wasn't an early supporter of Trump, he believes the president is good for small business and the American economy. Blankfein also shared his thoughts on the crypto craze, saying there's a lot of hype surrounding the currency. He says Goldman won't open a trading desk for bitcoin anytime soon.
Netflix signed a huge deal with star producer Ryan Murphy. The director, writer, and producer of hit shows such as "Glee," "Nip/Tuck," and "American Horror Story," will exclusively create content for the streaming giant starting in July. The deal is worth $300 million and spans five years.
Uber scaled back its losses in the last quarter. The company disclosed its financial information which showed it posted a $1.1 billion loss compared to last quarter's $1.46 billion loss. But revenue jumped 14% to $11.1 billion in that same quarter. Despite going through many public scandals, Uber saw a boost in ridership.
Plus, we talk about how Snapchat's redesign has drawn sharp criticism from its younger users. The Daily Beast's Taylor Lorenz says people will have to get used to it because there is no chance Snapchat will change back to the old version. The outrage led to change.org petition which has already generated 600,000 signatures.
Seth Schachner, Managing Director at Strat Americas, talks Disney's taking control of Hulu, Warner Bros. and Discovery's split and how if affects the viewers.
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.
