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Facebook caused chaos to put pressure on Australian lawmakers, report says

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The Wall Street Journal reported that Facebook purposely used a broad algorithm to block news in Australia last year, causing pages for charities,...
Business

F1 CEO sees ‘great opportunity’ in TV rights talks with ESPN deal due to expire

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Formula 1 is riding a wave of popularity in the U.S., and its CEO is shopping around its success with potential media partners...
Business

Tomb Raider publisher sells iconic video game franchise to invest in blockchain

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Tomb Raider is one of the most well-known video game franchises of all time.Christian Petersen | Getty ImagesThe iconic Tomb Raider video game...
Business

Here’s where things stand in the Denver Broncos sale process

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Cameron Fleming #73 of the Denver Broncos runs onto the field before a game against the Kansas City Chiefs at Empower Field at...
Business

Vice Media has hired financial advisors to seek a buyer, may sell itself in pieces, sources say

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Shane Smith, co-founder of Vice.CNBCVice Media, the digital media company once valued at $5.7 billion, has hired bankers to seek a sale, according...
Business

Netflix cancels Meghan Markle series ‘Pearl’ amid cutbacks

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Netflix is expanding its push into mobile gaming.Sopa Images | Lightrocket | Getty ImagesNetflix has canceled development on "Pearl," an animated series created...
Business

Biden roasts Trump, GOP, himself at correspondents’ dinner

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The White House press corps' annual gala returned Saturday night along with the roasting of Washington, the journalists who cover it and the...
Business

Disney executive Geoff Morrell, who helped craft response to ‘Don’t Say Gay’ law, leaves company after three months

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Disney employee Nicholas Maldonado holds a sign while protesting outside of Walt Disney World on March 22, 2022 in Orlando, Florida. Employees are...
Business

Brooklyn Nets’ playoff flops have created business concerns for the heavily hyped NBA franchise

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Kyrie Irving of the Brooklyn Nets looks on against the Boston Celtics during the 2021 NBA Playoffs on May 25, 2021 at Barclays...
Business

Warner Bros. Discovery posts 13% revenue jump, 2 million new streaming subscribers in Q1

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David ZaslavAnjali Sundaram | CNBCWarner Bros. Discovery reported a 13% revenue jump and consistent streaming subscriber growth for its fiscal first quarter Tuesday. The...
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