#restructuring

#restructuring

Warner Bros. and Discovery insist their marriage is working.Although they've had to go through a little, shall we say, counseling."It was a heavy lift bringing [these] two teams together," David Zaslav, CEO of Warner Bros. Discovery (previously CEO of Discovery), told investors during the merged company's earnings conference on Thursday.

It ain't easy being a broadcaster these days.TV budgets are often the first to get cut during economic downturns, the streaming wars are raging, and the axe of supply-path optimization is hovering.I saw the pressure come to a boiling point last month when I tuned in to more tech and data showcases and year-end earnings calls than I care to count.

Which Washington Commanders' news stories are making the headlines with just one day remaining of the 2023 NFL Draft?After a long two days so far, the Washington Commanders are gearing up for the last leg of selecting prospects from the college ranks during the 2023 NFL Draft.This will be followed by undrafted free agency, which is another chance for Ron Rivera to strengthen his options with almost no remaining salary-cap space at the team's disposal.

Spotify, the audio streaming platform, said on Monday that it planned to lay off about 200 people, including workers at the popular podcast studios Gimlet Media and Parcast.The 2 percent cut to the company's work force is part of a strategic realignment of the podcast division, Sahar Elhabashi, the head of podcasts at Spotify, said in a memo to Spotify employees on Monday.

Microsoft's purchase of Xandr from AT&T in late 2021 might have looked like an embrace of third-party ad tech.But while parts of the Xandr tech are considered valuable by Microsoft, the future of Xandr as an SSP integrated with thousands of outside publishers is in doubt.Since completing the acquisition in June of last year, Microsoft Advertising has shifted its focus to first-party products and integrations to win and secure key accounts, such as Netflix, according to multiple sources with direct knowledge of recent changes within the group.

Historically, AppLovin made most of its revenue from its portfolio of apps.Now the company appears to be nearly finished with the bloodletting necessary to transform itself into a primarily software-focused business.In Q1, AppLovin's total revenue was $755 million, a near even split between apps (at roughly $360 million) and software (at $355 million).

You may have seen the recent news about the acquisition of Sumo Logic by Francisco Partners.Private equity acquisitions like this can lead to uncertainty and questions, especially around two essential customer observability needs:



Unified capabilities, data, and teams: Unifying tools and data requires continued investment.

(Mel Melcon / Los Angeles Times)

Southern California Public Radio, which runs local station LAist (formerly known as KPCC), said Tuesday that it would cut staff by more than 10% due to a revenue shortfall.In a note to employees, President and Chief Executive Herb Scannell announced the elimination of 21 positions as part of a restructuring.

BBC Northern Ireland journalists are on the picket lines as votes are counted across the region following the local government elections.The 24-hour strike saw several flagship programmes including BBC Radio Ulster's Good Morning Ulster and The Nolan Show go off air as more than 200 journalists took part in the walkout.

Introduction
The Motorola Edge lineup has seen some restructuring this year, with the Pro punching slightly above last year's model and aspiring for some Ultra-ness.The vanilla Edge 40 joins it on this upward trend in some ways, possibly making it more difficult for a 30 Fusion successor to find a spot in the ranks in the Fall, though it's not all upgrades.

Tell a group of employees you want more face time and prepare for sighs and eye rolls.Many see face time as a necessary evil because it can feel like time wasted, where they have to show up and be seen for political reasons, not to get meaningful work done in the most expeditious way.Research reinforces what we know intuitively: Being seen connotes positive traits like commitment, even if we're just sitting there.

There was a lot of pressure on the Patriots to nail their first-round pick this year, and it appears they may have walked away with the steal of the night.Because they had a prime position at pick 14, they had numerous prospects to choose from compared to years past.Most assumed they would go with one of their top three neediest positions; cornerback, offensive tackle, or wide receiver, and all the stars were aligned as they were initially put on the clock.

The three-day visit of Xi Jinping to Russia was packed with action: a crepe and quail meal, photo ops and ceremonial signings.Pomp and circumstance aside, Xi's visit to Russia did not live up to Putin's hopes and expectations.As it turns out, the obvious similarities between the two leaders their autocratic hold on power and their tenuous relationship with the west do not directly translate into common interests and goals.

Bed Bath & Beyond's Canadian operations are going out of business, according to a court filing on Friday, two days after the retailer quickly raised cash to stave off a U.S. bankruptcy.The Canadian division, which operates 54 Bed Bath & Beyond stores and 11 buybuy BABY stores, is insolvent, the filing posted on the website of consultancy Alvarez & Marsal showed.

Ezekiel Elliott is taking accountability for his performance in an effort to stick with the Dallas Cowboys.A glaring reason the Dallas Cowboys lost to the San Francisco 49ers in the Divisional Round of the NFL Playoffs is that Tony Pollard went out with an injury.The Cowboys rushed for just 76 yards in that game, Ezekiel Elliott's 2.6 yards per carry a far cry from Pollard's seasonal 5.2 average.

Vice Media Group, the company behind popular media websites such as Vice and Motherboard, is preparing to file for bankruptcy, the New York Times reported on Monday, citing people with knowledge of its operations.The report comes days after Vice shuttered its Vice News Tonight program, and amid waves of media layoffs and closures, including the end of BuzzFeed News.

Scrambling
The Silicon Valley AI race is on - and according to a new report from Reuters, Facebook-formerly-Meta's AI pivot has been even more chaotic than initially thought.And that's saying a lot, because from the outside, Meta's most recent pivot away from VR and the metaverse looks like a disaster.

Clubhouse, a once skyrocketing social audio app built by Paul Davison and Rohan Seth, has laid off more than half of its staff.The startup's co-founders made the decision in response to customer habits changing in a post-COVID world and remote work complexities, according to a blog post.Those who were impacted will receive severance and continued healthcare coverage for the next few months.

Alibaba Group is planning to split into six units, the company told Reuters.The different entities will seek fundraisings and market listings as China eases its crackdown on private enterprises.The big restructuring will see the company split into six organizations - Cloud Intelligence Group (cloud solutions), Taobao Tmall Commerce Group (local online commerce services), Local Services Group (delivery services), Cainiao Smart Logistics Group (logistics), Global Digital Commerce Group (AliExpress) and Digital Media and Entertainment Group (gaming, motion pictures and web services).

S ir Mark Rowley was urged to think again about his refusal to use the term institutional racism to describe the bigotry in the Met as the author of the most damning report in the force's history warned that it rings hollow to say that he does not like the words.Louise Casey said she had the highest regard for the Commissioner as a man of utter decency and integrity and believed that he and his deputy, Dame Lynne Owens, were the best people to take on the huge challenge of overhauling the Met.

Mexican Football Federation president Yon de Luisa won't seek re-election for his position, the FMF announced on Wednesday.De Luisa, who was hired in 2018, will serve out his term through May at which point Liga MX club owners will meet to elect a new president.- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.) "Today, the president of the Mexican Football Federation, Yon de Luisa, informed all members of the Owners' Assembly of his decision to not run for re-election as president of the FMF for the four-year period of 2023-2026, so that whoever takes this position adjusts to the new vision and objectives of the FMF," read a statement from the Mexican federation.

Announcement comes after BuzzFeed last week said it was closing its news division.Vice Media has announced painful cuts including the cancellation of its flagship news show in the latest round of cutbacks to hit the struggling news business.The youth-focused media group said on Thursday it will cancel popular TV program Vice News Tonight as part of a restructuring that will result in layoffs.

Diamond Sports Group, which owns and operates 19 regional sports networks that televise about a third of all M.L.B., N.B.A. and N.H.L. games, said on Wednesday that it would not make a $140 million interest payment on its nearly $9 billion of debt, setting the stage for a possible bankruptcy filing next month and building pressure for the leagues and others amid a sea change in how fans watch sports throughout the United States.