Tag: Public Relations

Elon Musk’s X Sues Media Matters Over Antisemitism Report
Technology

Elon Musk’s X Sues Media Matters Over Antisemitism Report

Updated Nov. 21, 2023 5:54 pm ETElon Musk’s social-media company X sued Media Matters for America after the left-leaning media watchdog group reported ads appeared near antisemitic and pro-Nazi content on the platform formerly known as Twitter.X alleged in its lawsuit filed in federal court Monday that Media Matters was trying to drive away its advertisers. Media Matters in a report last week said X placed ads for certain companies next to posts supporting Nazis and white nationalism. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Tech, Media & Telecom Roundup: Market Talk
World

Tech, Media & Telecom Roundup: Market Talk

Updated Nov. 22, 2023 12:29 pm ETThe latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1123 ET — GoDaddy is a structurally differentiated, durably growing cash machine that should benefit from its hedged customer acquisition model, RBC analysts say in a research note. The online services platform could also gain outsized benefit as AI tools reduce customer acquisition friction, analysts say. “While ratings across our coverage assume a stable macro, there are very few companies in our universe that could actually hit 24’ estimates under incremental macro duress – we believe GoDaddy would be one.” RBC upgrades its recommendation on the stock to outperform from sector perform, lifts its 24’ estimates sli...
Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica
Money

Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica

Updated Nov. 21, 2023 12:07 pm ETBlackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.The tie-up, if completed, could be announced as soon as Wednesday. It would mark Blackstone’s latest bet in the U.K. following its recent purchases of two hotels—one in Birmingham and another outside of Edinburgh—and a project to build affordable housing across the U.K.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica
World

Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica

Nov. 21, 2023 11:50 am ETBlackstone is in advanced talks to buy Civica in a deal valuing the U.K.-based software developer at close to $2.5 billion including debt, according to people familiar with the matter.The tie-up, if completed, could be announced as soon as Wednesday. It would mark Blackstone’s latest bet in the U.K. following its recent purchases of two hotels—one in Birmingham and another outside of Edinburgh—and a project to build affordable housing across the U.K.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Elon Musk’s X Sues Media Matters Over Report Showing Ads Appeared Near Pro-Nazi Content
World

Elon Musk’s X Sues Media Matters Over Report Showing Ads Appeared Near Pro-Nazi Content

Nov. 21, 2023 10:07 am ETX sued Media Matters for America after the left-leaning media watchdog group reported ads appeared near antisemitic and pro-Nazi content on the social-media platform formerly known as Twitter.X alleged in its lawsuit filed in federal court Monday that Media Matters was orchestrating a smear campaign to drive away advertisers. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Sam Altman Not Returning as CEO of OpenAI; Emmett Shear to Be Interim CEO
World

Sam Altman Not Returning as CEO of OpenAI; Emmett Shear to Be Interim CEO

Updated Nov. 20, 2023 12:42 am ETSAN FRANCISCO— Sam Altman’s bid to return to OpenAI after being ousted Friday faltered late Sunday, as the board that fired him opted not to agree to proposed terms of his reinstatement.Emmett Shear, former CEO of Twitch, was named interim CEO, according to people with knowledge of the matter.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Sam Altman’s Counter-Rebellion Leaves OpenAI Leadership Hanging in the Balance
Technology

Sam Altman’s Counter-Rebellion Leaves OpenAI Leadership Hanging in the Balance

Updated Nov. 19, 2023 10:53 pm ETSAN FRANCISCO—Two days after Sam Altman was ousted from OpenAI, he was back at the company’s office, trying to negotiate his return.The former chief executive officer entered with a guest badge on Sunday and posted on X: “first and last time i ever wear one of these.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Sam Altman’s Counter-Rebellion Leaves OpenAI Leadership Hanging in the Balance
World

Sam Altman’s Counter-Rebellion Leaves OpenAI Leadership Hanging in the Balance

Updated Nov. 19, 2023 6:53 pm ETSAN FRANCISCO—Two days after Sam Altman was ousted from OpenAI, he was back at the company’s office, trying to negotiate his return.The former chief executive officer entered with a guest badge on Sunday and posted on X: “first and last time i ever wear one of these.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Wall Street Eyes Nikki Haley as Trump Spoiler
World

Wall Street Eyes Nikki Haley as Trump Spoiler

Big hitters on Wall Street are lining up to support Nikki Haley’s long-shot bid to snatch the 2024 Republican presidential nomination from Donald Trump.“There’s a desperate, desperate hunt for anybody but Trump,” said one of the roughly 30 senior executives The Wall Street Journal spoke with to gauge the mood of the finance set roughly a year ahead of the election. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Disney, Lions Gate Pause Ads on X After Musk Agrees With Antisemitic Tweet
World

Disney, Lions Gate Pause Ads on X After Musk Agrees With Antisemitic Tweet

Several major entertainment companies stopped advertising on Elon Musk’s X after the social-media network’s owner described an antisemitic post this week as “the actual truth” and again lashed out at the Anti-Defamation League.Among those pausing ads on the social-media platform are Disney, Warner Bros. Discovery, Paramount Global, NBCUniversal and its parent Comcast and Lions Gate Entertainment, people close to those companies said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8