Author: Editor

YouTube has blown past prestige streamers like Netflix and Disney+ to become the biggest TV company by viewership. And the traditional media business is about to get another wake-up call.This year, ad revenue from creator-driven platforms like YouTube, TikTok, and LinkedIn will exceed ad revenue driven by studios and media companies known for their professionally made content, WPP Media’s new mid-year global ad forecast says.WPP Media — a part of ad holding company giant WPP — estimated that the ad revenue generated by those creator-driven platforms would just exceed the $235 billion driven by TV, audio, print, and cinema companies this…

2025-06-10T19:40:10Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. JPMorgan CEO Jamie Dimon believes the best way to run a meeting is to encourage radical honesty. Rather than trying to impress the boss, he advises putting your “dead cats” on the table. He made the remarks on Tuesday at a conference hosted by Morgan Stanley. If you work for Jamie Dimon,…

2025-06-10T19:39:37Z Share Facebook Email X LinkedIn Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. ICE briefly detained TikTok’s top star, Khaby Lame, for overstaying his visa, an ICE spokesperson said. Lame was held at a Las Vegas airport before being granted voluntary departure and leaving the US. The 25-year-old creator has around 160 million followers on TikTok. TikTok’s top star, Khaby Lame, was briefly detained by US Immigration…

A Starbucks store is shown in Encinitas, California, on Feb. 24, 2025.Mike Blake | ReutersStarbucks plans to roll out a generative artificial intelligence assistant created with Microsoft Azure’s OpenAI platform to 35 locations this month as part of its strategy to simplify baristas’ jobs and speed up service in its cafes.The coffee chain showed off the new technology to more than 14,000 North American store managers at its Leadership Experience in Las Vegas on Tuesday. A broad launch of the “Green Dot Assist” platform across the U.S. and Canada is slated for the company’s fiscal 2026, which starts in the…

The New York Times took a swipe at its media brethren as it celebrated the dismissal of Justin Baldoni’s libel suit against the paper.David McCraw, deputy general counsel for the Times, shared an internal memo Tuesday on Slack saying the paper stood by its reporting on the case and was confident the dismissal would hold up if there’s a further review.Then he pivoted: “One final thought: At a time when other news organizations are deciding to settle baseless claims rather than stand up for press freedom in court, the Baldoni decision is a good reminder that The Times has decided…

At a used car market in Beijing, salesman Ma Hui said he fears China’s electric vehicle industry is in a race to the bottom.EV makers, led by the country’s market leader BYD, have been engaged in a bruising price war, depressing profits for the brands, as well as sellers such as Ma.”All of us were losing money last year,” Ma said about his fellow used car sellers in the market. “There are too many companies making too many new energy cars.”A BYD dealership in Beijing on June 4, 2025.CNBCChina’s trading partners have often accused the country of flooding the global…

Eleven accountants were given the Elijah Watt Sells Award by the American Institute of CPAs and the National Association of State Boards of Accountancy.The award is granted to candidates who earned a cumulative average score above 95.50 across four sections of the CPA exam, pass the four sections on their first attempt and have completed testing in 2024. More than 74,000 individuals sat for the exam last year, meaning 0.01% of test takers reached this criteria.”The Elijah Watt Sells Award represents one of the highest honors in the CPA profession, and this year’s 11 recipients have demonstrated extraordinary commitment, intellect…

It’s about time you could send a DM on Threads.Threads, Meta’s rival app to Twitter, is officially rolling out a test that lets users send and receive direct messages within the stand-alone app.There’s a big catch, though: The test is limited to Hong Kong, Thailand, and Argentina. A Meta spokesperson said the company plans to expand into more markets, including the US, “as soon as possible.”Why is this big news for Threads users?Well, because the direct messaging experience otherwise on the app has been incredibly … awkward.In order to DM someone you see on the Threads feed, you’d have to…

FanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next.Flutter-owned FanDuel is introducing the charge to mitigate the impact of new taxes that the state instituted with its new budget, which disproportionately affect the two leading sportsbooks.The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.”Should the state reverse its decision at any point in the future, FanDuel will immediately remove the $0.50 transaction fee,” Flutter said in a press release.DraftKings…

U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. leaves the stage after discussing the findings of the Centers for Disease Control and Prevention’s (CDC) latest Autism and Developmental Disabilities Monitoring (ADDM) Network survey, at the Department of Health and Human Services in Washington, D.C., U.S., April 16, 2025. Elizabeth Frantz | ReutersHealth and Human Services Secretary Robert F. Kennedy Jr. has gutted a key government panel of vaccine advisors, saying he wants to “re-establish public confidence” in shots.Some health policy experts say firing the committee members will do the opposite. “Rather than restoring public trust, his actions are…