Business

Aug
09
2021
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By Troy Warren
Samsung heir to be released from prison on parole, report says

Samsung heir to be released from prison on parole, report says

Business, In The News, Technology,
Carrie Mihalcik | CNET.Com Troy Warren for CNT #Technology Jay Y. Lee, who had been the de facto head of Samsung, was serving time for charges related to bribery. Samsung's de facto leader will reportedly be released from prison on parole later this week. Jay Y. Lee, who was serving a two-and-a-half-year sentence for bribery charges, was granted parole at a review meeting on Monday, reported The Wall Street Journal, citing South Korea's justice ministry.  Lee was Samsung's vice chairman and had acted acted as the company's de facto head since his father, Lee Kun-Hee, suffered a heart attack in 2014. He…
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Aug
09
2021
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By Troy Warren
Many employers hold off on big renovations as office workers return

Many employers hold off on big renovations as office workers return

Business,
By Andy Peters, The Atlanta Journal-Constitution Troy Warren for CNT #Business When workers return to Randstad’s Cobb County office this fall they may not recognize the place. Gone are the rows of cubicles. Tables of different shapes and sizes are spread about with plenty of room to walk around. Many workstations let employees switch between sitting and standing. “Everything is 100% new,” said Dean Jones, Randstad’s vice president of workplace. “We completely gutted it down to the concrete floor and the ceiling.” The Dutch staffing company’s U.S. headquarters, located in a 15-story building at the Cobb Cloverleaf interchange, has been empty since…
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Aug
08
2021
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By Troy Warren
No one wants to work anymore? That’s not true. They just want a quality job

No one wants to work anymore? That’s not true. They just want a quality job

Business, In The News
Sybil Francis | Arizona Republic Troy Warren for CNT #Business The fast-food restaurant sign became a viral sensation, getting millions of views. “We are short staffed,” it reads. “Please be patient with the staff that did show up. No one wants to work anymore.” But is it true? Employers are reporting difficulty filling open positions, something that’s never happened coming out of a recession. Many blame the extra $300 a week in unemployment insurance included in federal COVID-19 relief bills. More than two dozen states, including Arizona, agree and declined the extra money. Statistics and anecdotal evidence, however, suggest more is at…
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Aug
08
2021
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By Troy Warren
Zynga Grows Revenue to $720M, But Cites “Choppiness” On Audience Numbers

Zynga Grows Revenue to $720M, But Cites “Choppiness” On Audience Numbers

Business, Digital, ,
BY TRILBY BERESFORD | HollywoodReporter.Com Troy Warren for CNT #Digital #Business The mobile gaming giant's CEO Frank Gibeau tells The Hollywood Reporter that the company saw a drop in audience from some of the most recent players who joined as COVID-19 restrictions began to be lifted this year. Mobile gaming company Zynga reported $720 million in revenue for the second quarter of 2021, up from $680 million in the prior quarter. Growth was driven by performances from franchises including Words With Friends — which was recently updated with new Solo Challenge content — and the casino-themed Zynga Poker; along with hypercasual games in Rollic’s portfolio. “Zynga really…
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Aug
06
2021
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By Troy Warren
Mattel honors front-line medical workers with Barbie dolls

Mattel honors front-line medical workers with Barbie dolls

Business, COVID-19, Editors Picks, ,
By Nancy Clanton, The Atlanta Journal-Constitution Troy Warren for CNT #business #editorspicks #covid-19 The dolls are based on six women ‘who are modern real-life heroes of the pandemic’ You know how your kid loves to play “professor of vaccinology,” but you’ve never been able to find a Barbie with that career? Well, now you can. Mattel is honoring six real women “who are modern real-life heroes of the pandemic” with their very own Barbie dolls, the company said in a press release. “Barbie recognizes that all front-line workers have made tremendous sacrifices when confronting the pandemic and the challenges it heightened,” said…
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Aug
06
2021
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By Troy Warren
Starz Launches Lionsgate Play Streaming App in the Philippines

Starz Launches Lionsgate Play Streaming App in the Philippines

Business, Digital, Entertainment, , , ,
BY ETAN VLESSING | HollywoodReporter.Com Troy Warren for CNT #business #digital #entertainment Cecilia Marino, as general manager, leads the Hollywood studio's international streaming app business in the market. Starz has launched its international streaming app, Lionsgate Play, in the Philippines. Cecilia Marino has been tapped as general manager for that market, where she will report to Rohit Jain, managing director of emerging markets in Asia. The rollout of the Lionsgate Play regional service in the Philippines follows the StarzPlay app launching in India, Indonesia and elsewhere in the South Asian market. “The Philippines is an indispensable market for the South Asian business, and I am…
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Aug
05
2021
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By Troy Warren
Phoenix: Innovative technology and service solutions for confronting a pandemic

Phoenix: Innovative technology and service solutions for confronting a pandemic

Business, City News, , ,
By Cemile Kavountzis, for STChealth Troy Warren for PhoenixNewsAndTalk.Com #covid-19 #business Innovation and empowerment in company culture create a great place to work. The lifesaving practice of vaccination is often traced back to Edward Jenner, an English country doctor who performed the first vaccine for small pox in 1796. However, there is evidence of vaccine research as far back as the 1500s. Today, vaccines are preventative care targeting preventable diseases, such as measles and whooping cough. There have been many milestones in the battle against devastating illnesses. Looking back, the U.S. had successfully eradicated small pox by 1949, a disease which continued…
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Aug
05
2021
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By Troy Warren
Roku Reaches 55M Active Users as Total Streaming Hours Fall Behind

Roku Reaches 55M Active Users as Total Streaming Hours Fall Behind

Business, Digital, ,
BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #business #digital Streaming hours decreased by 1 billion compared to the previous quarter. Roku added 1.5 million active accounts in the second quarter of this year for a total of 55.1 million active users, according to the company’s latest quarterly earnings, showing a slight decline in growth compared to the pandemic-fueled surge seen last year. Net revenue reached $645 million for the quarter, with profit totaling $338 million. But player gross profit fell into the negatives, costing the company $6.7 million and representing a 180 percent decrease year over year. Total streaming hours…
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Aug
04
2021
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By Troy Warren
DC Comics in Rebuilding Mode: Top Execs Speak Out on “Future-Proofing” Publishing

DC Comics in Rebuilding Mode: Top Execs Speak Out on “Future-Proofing” Publishing

Business, Editors Picks, In The News, ,
BY BORYS KIT | HollywoodReporter.Com Troy Warren for CNT #business  Chief creative officer Jim Lee and senior vp and general manager Daniel Cherry III share about their responsibility to book shop owners, synergy with films like 'Suicide Squad,' WarnerMedia ownership amid a merger and why "fewer, bigger, better" is a guiding principle. Almost a year ago, DC Comics — the publishing unit behind superheroes Batman, Wonder Woman and Harley Quinn — was hit with a brutal cut that saw one-third of the company ranks wiped out due to broad layoffs at its parent WarnerMedia.  But the Burbank-based comics division, led by chief creative officer…
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Aug
04
2021
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By Troy Warren
WarnerMedia Launching “House of Max” Branded Content Studio

WarnerMedia Launching “House of Max” Branded Content Studio

Business, Digital, , ,
BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #business #digital In a bid to turbocharge its HBO Max with Ads business, the company will make its talent and IP available to marketers. WarnerMedia is launching a new branded content studio, in a bid to turbocharge HBO Max’s new advertising-supported tier. The new studio, called House of Max, “will deliver marketers meaningful and brand-forward partnership opportunities aligned with WarnerMedia’s renowned talent, iconic characters, resounding storytellers and premium brands to drive full-funnel business results,” the company says. In other words, marketers will be able to utilize HBO Max talent and IP in custom campaigns that will be available…
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