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AT&T To Lay Off 600 At HBO and Warner Bros. After Revenue Decline

AT&T's WarnerMedia division is planning to lay off hundreds of employees in AT&T's latest cost-cutting move. Ars Technica reports: "Warner Bros. is expected to commence layoffs of around 650 people starting Monday, according to people familiar with the matter, while HBO is seen shedding between 150 and 175 staffers. A WarnerMedia spokesman declined to comment," Variety reported yesterday. The numbers quoted in Variety may be a bit too high. A source with knowledge of the AT&T layoffs told Ars th...
Tags: Hbo, Tech, Ars Technica, Warner Bros, Jason Kilar, Cnbc, Variety, AT T, Ars, Kilar, Warner Bros HBO, WarnerMedia, HBO Max, HBO Max HBO


SpaceX reveals plans for a Texas spaceport resort in new job ad

SpaceX has big plans for its Boca Chica, Texas site – where it’s currently building and testing Starship, the company’s next-generation passenger and cargo spacecraft. A new job posting spotted by CNBC’s Micheal Sheetz seeks a “Resort Development Manager” to be based out of Brownsville, the nearest neighboring town to the small Boca Chica area where SpaceX has built out its existing test and development site. The job posting seeks a manger to “oversee the development of SpaceX’s first reso...
Tags: TC, Transportation, Space, Spacex, Elon Musk, Texas, Tech, Ceo, Nasa, Earth, Space Tourism, Virgin Galactic, Commercial Spaceflight, New Mexico, Spaceflight, Aerospace


iOS 14 redirects web links from News+ publishers directly to the Apple News app

Apple’s still-in-beta operating systems will automatically redirect News+ subscribers to the Apple News app when they click on links from a News+ publisher. In other words, if you click or tap on a link to a paywalled story published by a News+ partner — including stories from our own Extra Crunch membership program — iOS 14, iPadOS 14 and macOS Big Sur will take you straight to the article page in the News+ app, even when the link ostensibly points to the publisher’s own website. Tony Haile ...
Tags: Apple, Google, TC, Mobile, News, Media, Tech, New York Times, Wall Street Journal, Cnbc, Apple News, Ny Times, Haile, Tony Haile


Chinese Tesla competitor Xpeng Motors files for IPO on the New York Stock Exchange

Xpeng Motors, a Chinese electric-car startup, has filed to go public on the New York Stock Exchange. The IP comes after Xpeng said earlier this month that it had raised $400 million from investors like Alibaba. With tariffs and trade tensions between the US and China, the company said it "could be adversely affected by political tensions" between the countries. Visit Business Insider's homepage for more stories. Xpeng Motors, a Chinese electric-car startup, has filed to go public on the New Y...
Tags: China, Ipo, US, Trends, Tesla, United States, Alibaba, Qatar Investment Authority, SEC, New York Stock Exchange, Cnbc, XPENG Motors, Xpeng, China Xpeng


Trump Tries To Paint Dems As Desperate To Deal After Signing Potemkin Executive Actions

President Donald Trump is trying hard to sell his flurry of executive actions over the weekend that fall short both of what he said they’d do and what Congress was trying to achieve in a COVID-19 relief package.  After signing the actions at a press conference-campaign rally hybrid at his golf club in Bedminster, New Jersey on Saturday, Trump has been suggesting that Democrats are itching to return to the negotiating table.  “The Democrats have called,” Trump said from the airport at...
Tags: News, Republicans, Congress, Senate, White House, Unemployment, Democrats, House, Social Security, Treasury, Medicare, The White House, Nancy Pelosi, Msnbc, Donald Trump, Cnbc


Apple goes to war with the gaming industry

Most gamers may not view Apple as a games company to the same degree that they see Sony with PlayStation or Microsoft with Xbox, but the iPhone-maker continues to uniformly drive the industry with decisions made in the Apple App Store. The company made the news a couple times late this week for App Store approvals. Once for denying a gaming app, and the other for approving one. The denial was Microsoft’s xCloud gaming app, something the Xbox folks weren’t too psyched about. Microsoft xC...
Tags: Iphone, Apple, Ios, Google, Android, Ipad, TC, Gaming, Facebook, Microsoft, Tech, Ceo, Smartphones, Software, Itunes, Tim Cook


Senators Sanders, Markey, and Gildebrand want to tax billionaires for their pandemic profits

From CNBC: Top tech leaders and other billionaires would be forced to hand over billions of dollars in wealth they’ve gained during the coronavirus pandemic under a new bill introduced by Sens. Bernie Sanders, I-Vt., Ed Markey, D-Mass., and Kirsten Gillibrand, D-N.Y. The “Make Billionaires Pay Act” would impose a one-time 60% tax on wealth gains made by billionaires between March 18, 2020, and Jan. 1, 2021. The funds would be used to pay for out-of-pocket health-care expenses for all Americans f...
Tags: Post, Elon Musk, News, Billionaires, Jeff Bezos, Kirsten Gillibrand, Cnbc, Bernie Sanders, Bezos, Sen Sanders, Ed Markey, Sens Bernie Sanders, Someone Think Of The Billionaires, Lauren Feiner, Every Billionaire Is A Policy Failure, Pandemic Profiteers


Learn to Give Your Brand a Voice at Upcoming Zoho Event

The second Zoho Educational Webinar is titled, Establishing Your Brand Story and Voice. This is part of a series of free webinars designed to provide users with some key tools for today’s digital ecosystem. The first one, which will take place on August 26 starting from 1-1:45 p.m. EST, is about Domain and Web Hosting. The follow up will teach you how to find, incorporate, and use your brand’s voice throughout your website. According to Zoho, the goal is to increase website traffic, improve cus...
Tags: New York, Washington, Boston, Sales, San Francisco, Atlanta, Chicago, Miami, Silicon Valley, Philadelphia, Houston, Voice, Denver, Cnbc, Phoenix, Zoho


This Week on TRB

Big shoutout to CNBC for allowing me to bring my Summer School special back to the air last night for the third straight week. I had so much fun bringing financial planning topics into the mix and taking live questions from young investors. Frank Holland is the man, btw.  Drove up into the country yesterday to spend the day with my pal Phil Pearlman aka the Doctor, who has been one of the most inspirational, supportive...The post This Week on TRB appeared first on The Reformed Broker.
Tags: Finance, Links, Cnbc, Phil Pearlman, Frank Holland


Atlassian Tells Employees They Can Work From Home Forever

Software company Atlassian is telling employees that they don't have to return to its offices, unless they want to use them. CNBC reports: "We will seek out amazing, diverse talent unbounded by the physical footprint of our offices," the company said in an internal blog post published on Wednesday. "We will continue to compete for talent in the global hubs, and we will be able to create opportunities for those in places we would have previously not been able to reach." Atlassian's products help ...
Tags: Tech, Turkey, Cnbc, Atlassian, Gitlab, Sydney Australia


Numerous Programs for Black-Owned Businesses, New High-Yield Business Bank Account, Free Email Plan, Get Your Products in Walmart and on QVC and HSN and Other Things Entrepreneurs Need to Know

19 Things Small Business Owners Need to Know Programs and Initiatives 1—Getting Back to Business  Visa recently announced its global commitment to help 50 million small businesses move to digital in the middle of the economic impact of COVID-19. Visa has developed a range of locally designed programs to help small businesses get back to business: Helping Black women-owned businesses Visa launched a program to award $100k in grants for U.S.-based Black women-owned small businesses, extendi...
Tags: Google, Amazon, Verizon, Business, Ebay, America, Walmart, Indiana, Google Analytics, UPS, United States, American Express, The Washington Post, Grant, Jason, Rural America


Weekend reading: Direct indexing seems inevitable

What caught my eye this week. P assive investing is a solved problem. Invest regularly into index funds or their ETF equivalents, allow your money to compound for 30 years, and then enjoy the fruits of the market’s return by spending down your portfolio in your later years. Sorted. Next! Well maybe. It’s been hundreds of years since much of anything stayed the same for long. So it seems likely to me our kids and grandkids (maybe future Monevator readers?) will be doing it their own savvy way. ...
Tags: Google, UK, London, China, Marketing, US, Bank Of England, Atlantic, Italy, Fca, Birmingham, Jeff Bezos, Republican, Shell, ESG, Cnbc


Clips From Today’s Halftime Report

Final Trades: Disney, Honeywell, Alaska Airlines & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Disney Honeywell Alaska Airlines


Twitter Says Security Flaw May Have Exposed Android Users' Direct Messages

Twitter on Wednesday disclosed a new security vulnerability that may have exposed the direct messages of users who access the service using Android devices. CNBC reports: Specifically, the vulnerability could have exposed the private data of Twitter users running devices with Android OS versions 8 and 9, the company said. "This vulnerability could allow an attacker, through a malicious app installed on your device, to access private Twitter data on your device (like Direct Messages) by working a...
Tags: Twitter, Tech, Cnbc, Regardless Twitter, Twitter for Android app Twitter


Pro-Trump Group’s Lies Were Too Big for Facebook

Facebook has tried hard not to fact-check the political content on its platform but a multimillion dollar pro-Trump political action committee’s troubles with the truth were so egregious, the social media company temporarily suspended their account on Thursday.  The company took action against the account for the Committee to Defend the President, a political action committee which began in 2013 as an anti-Hillary Clinton group but which has since changed its focus to pro-Trump activism. “As a r...
Tags: Facebook, Mark Zuckerberg, News, Obama, Barack Obama, Reagan, Joe Biden, Hillary Clinton, United States, Fox News, Louisiana, Biden, Cnbc, Committee, Trump, Sen Bob Menendez


History Is Waving A Big Red Flag As Negotiators Hit Stalemate Over State And Local Funding

As the four lead negotiators prepare for their eighth meeting on a COVID-19 relief package Thursday afternoon, House Leader Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) are projecting confidence.  Despite the seeming impasse on a deal, the two were noticeably fired up at a Thursday morning press conference, seasoning their talking points with impassioned lectern slapping and an anecdote about the high-spirited Democratic leaders singing a song together before the pre...
Tags: News, Congress, Senate, White House, Politico, Unemployment, House, Treasury, Mitch McConnell, Nancy Pelosi, Republican, Medicaid, Cnbc, State, Chuck Schumer, Mark Meadows


A new report says that Microsoft is expanding its acquisition interest in TikTok to include the entire global business, but a source says it isn't true (MSFT)

The Financial Times reported Thursday that Microsoft — the frontrunner in talks to acquire TikTok's US operations — is interested in buying the app's entire global business. However, a person familiar with the matter told Business Insider the report is "completely false." TikTok has more than 2.3 billion downloads globally. Reports have recently valued TikTok in its entirety between $30 billion to $50 billion. TikTok's parent company, ByteDance, has been exploring a deal to sell off TikTok's U...
Tags: Europe, Microsoft, China, India, US, Trends, New Zealand, Donald Trump, Financial Times, Cnbc, Business Insider, Trump, US Canada Australia, Bytedance, Tiktok, China Visit Business Insider


2020 27-Inch iMac Reviews: A Great Machine for Working From Home With Upgraded Camera, Speakers, Microphone and More

The 2020 27-inch iMac was announced earlier this week with updated 10th-generation Intel chips, new AMD 5000 graphics, a True Tone display, and an improved webcam, but unfortunately, the machine features no design changes. Apple began shipping ‌iMac‌ orders out earlier this week, and as the new devices arrive to customers, media sites have also released their own reviews. Many of the reviews have pointed out that the new ‌iMac‌ is great for working from home, highlighting the upgraded 1080p w...
Tags: Apple, Featured, Intel, Tom Hanks, MacBook Air, Gizmodo, Cnbc, iMac, Core Intel Core, Nano Texture Glass Apple, Joanna Nelius Gizmodo, Mary Spender


Pelosi says Congress will resolve COVID-19 aid but must help needy: CNBC

U.S. lawmakers will resolve their differences over the next batch of COVID-19 aid and reach a deal, Democratic House Speaker Nancy Pelosi said on Thursday, but assistance must go to those who need it the most amid the novel coronavirus pandemic.
Tags: News, Congress, Nancy Pelosi, Cnbc, Democratic House, Pelosi


Pelosi On Republicans: ‘Perhaps You Mistook Them For Somebody Who Gives A Damn’

House Speaker Nancy Pelosi (D-CA) had harsh words for her fellow White House negotiators Thursday morning in response to a question about why they can’t at least come together on a new deal for the most vulnerable people in the face of the pandemic. “Perhaps you mistook them for somebody who gives a damn for what you just described,” she quipped, earning a soft “jeez” from CNBC’s Jim Cramer. Pelosi also took the opportunity during the interview to drop a well-timed troll, saying that she “hop...
Tags: News, Washington Post, Washington, Senate, White House, Unemployment, Democrats, House, Treasury, Mitch McConnell, Capitol Hill, Nancy Pelosi, Donald Trump, Cnbc, Trump, Pelosi


Tesla competitor Nikola quietly discloses its only revenue source so far: building solar panels for its founder (NKLA)

Nikola, an upstart electric-vehicle maker that's worth $10 billion, released its first quarterly financial report this week.  The results largely disappointed investors and sent shares tumbling.  The company is pre-revenue, and working on multiple upcoming vehicle models, but did manage to bring in $36,000. Buried in a regulatory filing, Nikola revealed that money was from installing solar panels for its founder, Trevor Milton.  Visit Business Insider's homepage for more stories. Investors w...
Tags: Trends, Tesla, Trevor, Financial Times, Cnbc, Company, PHOENIX Arizona, SPAC, Milton, Leslie Odom Jr, Nikola, Tesla Elon Musk, Trevor Milton, NKLA, Rivian, Utah Milton


How Instagram made Reels to stick it to TikTok, and Ad Age Small Agency winners announced: Thursday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters. Facebook wants to reel in TikTok’s popularity On Wednesday, Facebook’s new product Reels appeared to Instagram’s U.S. users. Instagram gave celebs like Will Smith and Selena Gomez early entry into Reels so they would have videos ready to go at launch. Reels is basically...
Tags: Facebook, Instagram, Advertising, Selena Gomez, Will Smith, Donald Trump, Cnbc, Tiktok


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Sign up here to get this email in your inbox every morning. Twitter temporarily blocked the Trump campaign from tweeting after it shared a video of the president spreading COVID-19 misinformation. The campaign tweeted a video of Trump falsely claiming to Fox News that children are "almost immune" from the disease. Facebook removed a Trump post containing the same video because it violated the company's policies banning "harmfu...
Tags: Facebook, Lyft, Twitter, UK, California, US, Trends, Cambridge, Brazil, Fox News, Cnbc, Alexa, Trump, State, Amazon Alexa, Germany France


‘Untrusted’ Chinese apps like TikTok and WeChat must be banned from U.S. app stores, says Pompeo promoting 'Clean Network'

U.S. Secretary of State Mike Pompeo today announced a five-part “Clean Network” effort from the Trump administration which Pompeo says is to limit potential national security risks from China. Pompeo’s comments are just about one week after Donald Trump told reporters on Air Force One the government will soon act ban the Chinese-owned video app TikTok from the United States. From CNBC: The Trump administration wants to remove “untrusted” Chinese tech apps like TikTok and WeChat from U.S. app...
Tags: Post, Business, Politics, Technology, News, China, US news, Tech News, United States, Chinese communist party, State Department, Donald Trump, Defense Department, Cnbc, Trump, State


Negotiate With Your Landlord During COVID-19

As the pandemic stretches on—and lawmakers continue negotiations for the latest stimulus package—experts have warned there may be a looming eviction crisis. Whether your family is suffering from a job loss or a pay cut, now may be the time to start negotiating with your landlord. As CNBC reports, you may have more…Read more...
Tags: Renting, Finance, Lifehacks, Negotiation, Cnbc, Pandemic Life


Trump’s Debate Moderator Wish List Is Stacked With Fox News Stars and Pushovers

The Trump campaign released a list of suggested moderators for this year’s presidential debates and, perhaps unsurprisingly, it is loaded with many of the president’s favorite right-wing pundits and Fox News personalities.As the president pushes for more debates against former Vice President Joe Biden, his personal attorney Rudy Giuliani on Wednesday sent the presiding commission a letter requesting a fourth debate and an early September start to the events due to early mail-in voting.Calling th...
Tags: New York Post, New York, News, Abc, Cbs News, Joe Biden, Cnn, Fox, Fox News, Biden, Giuliani, Msnbc, Abc News, Black Lives Matter, Fox Business Network, Rudy Giuliani


Buying TikTok's US operations could reportedly cost Microsoft anywhere from $10 billion to $30 billion (MSFT)

TikTok's parent company ByteDance is currently in talks with various US companies to acquire the app's US operations in order to avoid a potential ban in the US. Microsoft has emerged as the frontrunner, and the only company to publicly acknowledge its interest in TikTok, the viral app recently valued between $30 billion to $50 billion.  CNBC reports that Microsoft's TikTok acquisition — of operations in US, Canada, New Zealand, and Australia — could cost the tech company between $10 billion a...
Tags: Amazon, Microsoft, Congress, Australia, North Korea, China, US, Trends, Donald Trump, Cnbc, Trump, Google Facebook Apple, Bytedance, CNBC Microsoft, Tiktok, TikTok Microsoft


Here's everything we do and don't know about Microsoft's bid to acquire TikTok so far (MSFT)

TikTok's parent company ByteDance is facing increased pressure to cut ties with the viral video app, as President Donald Trump has threatened to ban TikTok unless ByteDance divests. Microsoft is in talks to buy TikTok's operations in the US, Canada, Australia, and New Zealand, and says it expects to reach a conclusion by September 15th. Of course, TikTok could also find another buyer. If the talks fall through by that date, Trump has said he would ban the app. If the companies make a deal, the...
Tags: Apple, Google, Facebook, Microsoft, Congress, China, Satya Nadella, US, Trends, United States, New Zealand, Lgbtq, Donald Trump, Justice Department, Signal, Cnbc


DoorDash just opened 8 US convenience stores that can deliver household items, spices, and other corner store essentials to you in 30 minutes

DoorDash has rolled out the first of a line of convenience stores designed to quickly deliver household items and other corner store products to customers. The DashMart stores will be stocked with items like spice rubs, cough medicine, and dog food from both national and local brands. The new endeavor comes as DoorDash's sales and market share continue to see success as the COVID-19 pandemic keeps people indoors. Visit Business Insider's homepage for more stories. DoorDash is launching the fi...
Tags: US, Sacramento, San Francisco, Trends, Walgreens, Denver, Cnbc, Doordash, San Francisco Bay Area, Concord California, Redwood City California, Tony Xu, CNBC Sometimes


Clips From Today’s Halftime Report

Final Trades: Lyft, Industrials & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc