Media

WSJ News Exclusive | Meta Embraces AI as Facebook, Instagram Help Drive a Rebound

WSJ News Exclusive | Meta Embraces AI as Facebook, Instagram Help Drive a Rebound

Days before Meta META 2.52% Platforms Inc.’s first ever mass layoffs in November, a senior executive shared some good news. The company’s short-form video product, Reels, was getting traction with users, and the threat posed by rival TikTok appeared to be easing. “Facebook engagement is stronger than people expected,” Tom Alison, head of Facebook, wrote …

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These 15 Dividend Aristocrat stocks have been the best income builders

These 15 Dividend Aristocrat stocks have been the best income builders

The S&P Dividend Aristocrats deserve more coverage. Those are companies that have raised their dividend payouts consistently over the years — they’re dividend royalty, as it were. As a group, they have performed well in the long term. And they held up well in 2022, a year in which broad indexes fell into a bear …

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12 media executives anonymously predict 2023's biggest deals, trends and changes

12 media executives anonymously predict 2023’s biggest deals, trends and changes

Andrew Ross Sorkin speaks with Netflix founder and Co-CEO Reed Hastings during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Back by popular demand (OK, fine, I just wanted to do this again), …

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GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King

Ryan Cohen is the face of an investing revolution that captivated amateur traders, punished Wall Street and favored memes over fundamentals. Many of his other bets belong to a more conservative playbook. The 37-year-old billionaire, who made his fortune with online pet retailer Chewy Inc., CHWY -0.12% gained fame during a period of market frenzy …

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Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there's 'pain to come' as linear TV gives way to streaming

Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there’s ‘pain to come’ as linear TV gives way to streaming

Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expires. Rutledge referred to his decision to leave as “retirement,” but the almost 70-year-old executive, who has been in the industry for 50 years, told …

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Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’

Inside the Chess Cheating Scandal: ‘It Was a Ticking Time Bomb’

A month before Magnus Carlsen and 19-year-old American grandmaster Hans Moke Niemann found themselves battling each other at the center of a high-profile chess cheating scandal, they were two guys pushing pawns on the beach in Miami. Hanging around for a tournament promotion, they played on a board in the sand, watched by only a …

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Streaming bundles are forming, but don't expect a cable TV-like package any time soon

Streaming bundles are forming, but don’t expect a cable TV-like package any time soon

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streaming media, and it revolves around bundling. There’s a consistent drumbeat of expectation that streaming services will eventually all bundle …

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These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half

These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half

Short selling is a trading technique that gets especially popular during bear markets in stocks. Short selling — or betting on a decline in prices — can come to the fore if investors suspect a company is entering a difficult period, during a period of stress on financial markets, or when a group of traders …

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Here are the worst (and best) performing stocks of August and for 2022

Here are the worst (and best) performing stocks of August and for 2022

After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August. Here’s the damage: Index Price change – July 29 through Aug. 30 Price change – 2022 through Aug. 30 Price change – 2021 S&P 500 SPX -3.5% -16.4% 26.9% Dow Jones Industrial …

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Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall

Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The giants of the video game world saw their sales fall in the second quarter, as the initial tailwinds of the Covid pandemic faded. In the three months ending in June, Microsoft, Sony and Nintendo …

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