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Bob Iger and Josh Kushner plan to buy the Los Angeles Lakers at a record-setting price of $12.5 billion. The best argument for that price: The value of sports TV deals is the one thing that keeps going up, even as the rest of TV contracts.But even though that’s been…
CMOs: Get ready to field more sales pitches from Nielsen.The TV ratings giant surprised the ad industry by announcing plans to buy DoubleVerify for $2.15 billion — and sent chins wagging with hot takes about the implications.At stake: trustworthy data.CMOs depend on data to craft their strategies, but it’s often…
Last month, Meta launched an “AI is good, really” PR campaign. My response: Words are fine, but why not cut people checks?On Monday, Meta announced it’s taking my (free) advice: It says it will create a $1 billion fund to boost communities where it is building AI data centers.There’s very…
Destination: Fora.Fora Travel, the AI-powered platform that links travel agents (the human kind) with people planning their vacations, has appointed its first chief marketing officer, CMO Insider can exclusively reveal.Alanna Gregory has joined the company from Block, where she was VP of marketing.The hire comes on the heels of Fora…
Imagine making nearly $100 billion extra and dedicating exactly one vague sentence to it. That’s just what Google parent Alphabet did in its second quarter earnings report.The tech giant reported that its “other income” totaled $98 billion in the second quarter, noting it came from unrealized gains on its investments.Analysts…
A federal judge held Monday that President Donald Trump’s $10 billion lawsuit against the IRS was manufactured simply to justify its settlement, including a multibillion-dollar “anti-weaponization” fund for political allies and a shield from IRS scrutiny.”This lawsuit was not brought to vindicate rights; it was brought to manipulate the judicial…
Before the robots go to work, they have to go to school.Apptronik, a Texas-based humanoid startup that counts Google and Mercedes among its investors, has opened a “Robot Park” in Austin. At the nearly 90,000-square-foot warehouse, its Apollo robots practice tasks like loading boxes onto conveyor belts and sorting toys…
