Netflix (NFLX) might be the number one streaming service on the market — but that’s not always a good thing, at least according to a new note from Bank of America (BAC). The big bank, which slashed its price target on the stock from $240 a share to $196, surveyed over 1,200 U.S. adults to better understand Netflix’s position amid the competitive streaming landscape. According to the survey, Netflix remains the top most-subscribed-to service, capturing 79% of total respondents. Amazon Prime ( Source link
Read More »Days after Greg Abbott's All-Star Race role, NASCAR says 'recent actions' haven't fulfilled mission to be more welcoming – Yahoo Sports
NASCAR marked the start of Pride Month on Wednesday by admitting that its “recent actions” had not been in line with the sanctioning body’s public efforts for better diversity and inclusion. Texas Gov. Greg Abbott (R) waved the green flag ahead of the May 22 All-Star Race at Texas Motor Speedway. In February, Abbott called for state agencies to investigate gender-affirming treatments on transgender teenagers. Abbott’s calls for investigations came after Texas Attorney General Ken… Source link
Read More »UK finally opens antitrust probe of Google’s role in the adtech stack – TechCrunch
The UK’s competition watchdog has just announced another investigation into Google over potential antitrust abuses around adtech. This is the Competition and Markets Authority’s (CMA) second probe of Google’s adtech practices — after said it would investigate an ad deal between Google and Facebook referred to internally as ‘Jedi Blue’, back in March. (That deal also features in a major antitrust complaint against Google’s adtech over the pond, led by the US State of… Source link
Read More »Udonis Haslem’s role on Miami Heat is to win
MIAMI — Being a three-time NBA champion of the Miami Heat, there’s a level of cachet that follows and it would be easy to fall victim to entitlement. One scene during the second-round playoff series against the Philadelphia 76ers highlighted Udonis Haslem’s egoless mentality. Toward the end of a timeout with one minute remaining before players had to take the court again, four Heat starters had already left the bench. Bam Adebayo was the lone starter still resting in his seat. Haslem… Source link
Read More »Beyond Meat taps Kim Kardashian for key role as shares sink 80% year-over-year
Beyond Meat (BYND) is looking to “keep up.” On Tuesday, the plant-based meat maker — desperate for a Wall Street rebrand — revealed that reality TV icon and billionaire entrepreneur Kim Kardashian will serve as the its “chief taste consultant,” in addition to starring in a new campaign focused on the brand’s mission of health and sustainability. The company, which saw shares pop on the news before sinking as much as 9% in early trading, has struggled to maintain its initial pace of growth… Source link
Read More »Crypto finds its safe-haven role in the Russia-Ukraine crisis: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, March 2, 2022 As sanctions close a few doors, a crypto window opens Cryptocurrency has finally started behaving like something that resembles a safe haven, with bitcoin (BTC-USD) and other digital tokens taking off on Tuesday as Russia’s incursion into Ukraine took a more dramatic turn. As Yahoo Finance’s David Hollerith has been… Source link
Read More »DeepMind co-founder quits Google A.I. role to be VC
DeepMind co-founder Mustafa Suleyman. Bloomberg | Getty Images LONDON — DeepMind co-founder Mustafa Suleyman surprised many of his followers last week when he announced he’s leaving his vice president role at Google to become a venture capitalist at Silicon Valley firm Greylock Partners, which has backed the likes of Facebook, Airbnb and LinkedIn since it was founded in 1965. His exit from Google, which acquired the DeepMind artificial intelligence lab in 2014, comes after he was accused of… Source link
Read More »Biden picks Sarah Bloom Raskin for top Fed regulator role, Cook and Jefferson for governors
The Biden administration will announce three nominees for top jobs at the nation’s central bank, naming Sarah Bloom Raskin, Lisa Cook, and Philip Jefferson to fill spots on the Federal Reserve’s Board of Governors, according to a source familiar with the matter. The official announcement could be made as soon as Friday. Raskin has specifically been tapped to steer the Fed’s policies on bank regulations as Fed vice chair of supervision, according to a person familiar with the matter. The… Source link
Read More »ESPN is set to hire Pete Thamel from Yahoo in a college football insider role
It’s been noticeable for years (particularly since Brett McMurphy was laid off in the massive April 2017 cuts) that ESPN-affiliated reporters have not been breaking most of the news in college football. As AA’s Ben Koo explored in early December 2021, that’s a sharp contrast to sports like the NFL and NBA where ESPN employs an insider they can credit on the Bottom Line ticker for most signings or moves (Adam Schefter and Adrian Wojnarowski, respectively). But that’s about to at… Source link
Read More »Danny Green on his role in ACL injury
SAN FRANCISCO — Philadelphia 76ers guard Danny Green couldn’t wait to see Golden State Warriors star Klay Thompson back on the court after over two years away from the game due to recovering from a torn ACL, followed by a ruptured Achilles a year later. The origin of Thompson’s 177-game absence occurred in Game 6 of the 2019 NBA Finals between the Warriors and Toronto Raptors. Green was a member of that Raptors championship team, and he was whistled for a foul after he attempted a… Source link
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