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CNBC is cutting some newsroom jobs in a reorganization meant to unify its digital and TV news operations. Fewer than a dozen roles were impacted, with plans to ultimately hire more people to expand its TV and digital business. In other words, the changes are about structure, and not cost savings. ”The changes made today…
Strategy CEO Phong Le said his firm raised 21 months of dividend runway in just eight days to head off investor unease. Strategy CEO Phong Le said part of the reason for establishing a $1.44 billion USD reserve was to alleviate investor concerns over the company’s health amid a Bitcoin slump. “We’re very much are…
Bitcoiners aren’t new to 30% drawdowns, but it could be a first for many Wall Street investors, said crypto commentator Anthony Pompliano. Institutional investors new to crypto may have been caught off guard by Bitcoin’s volatility, and has put downward pressure on its price, according to crypto entrepreneur and investor Anthony Pompliano. During an interview…
Layoffs hit NBC News Wednesday, with the network news division facing cuts ahead of Comcast’s spinoff of Versant. About 150 jobs were eliminated, representing about 2 percent of the workforce of the NBC News Group. The cuts were across the News Group, without specific teams being targeted. The Versant spin will see MSNBC and CNBC…
Bitcoin price pushed above $95,000 as multiple bullish catalysts lead to a spike in spot trading volumes. Key points: Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000. Institutional investor demand is back, suggesting that the bearish trend could be over. Read more If you liked the article, do not forget…
Peacock is doubling down on live news, bringing a pair of cable news programs to its live streaming lineup. The NBCUniversal-owned streaming service will stream MSNBC’s Morning Joe and CNBC’s Squawk Box live beginning Tuesday, March 28. The shows will be part of a “Morning News Live” editorial element on Peacock, expanding its live news…
Brian Sullivan to Anchor 7 PM Hour on CNBC, as Business Channel Shakes Up Schedule CNBC is making substantial changes to its weekday lineup, including a new show at 7 p.m. to replace Shepard Smith’s program, which it canceled two months ago. The new 7 p.m. show will be called Last Call and will be…
“CNBC’s Joe Kernan, Frank Luntz clash over George Santos ‘resume padding’” A CNBC “Squawk Box” discussion about disgraced Long Island Rep.-elect George Santos turned heated Tuesday after co-host Joe Kernen argued that other lawmakers, including prominent Democrats, have misstated their backgrounds. Kernen clashed with prominent Republican pollster Frank Luntz during a discussion about the Santos…
“CNBC’s Andrew Ross Sorkin wants kids banned from first class” CNBC anchor Andrew Ross Sorkin caused a stir on social media when he called for banning children from the first-class section of airplanes. “I will be ridiculed for this position,” Sorkin tweeted on Wednesday, anticipating the backlash. “Until airlines start advertising crying babies in first/business…
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