MENLO PARK, California – Walt Disney Co. has “dramatically” cut its advertising budget on Facebook and Facebook-owned Instagram, according to a report published in the Wall Street Journal. It is the latest setback for the social network, which is facing a growing advertising boycott of its policies and actions on …
Read More »Netflix elevation of co-CEO Sarandos brings him closer to Hollywood
Netflix chief content officer Ted Sarandos (left) and then-Walt Disney Company CEO Bob Iger in 2015 in Los Angeles. Charley Gallay | Getty Images for LACMA There used to be a debate about Netflix: is it a tech or media company? That debate has failed in recent years and clearly …
Read More »CDC Ban US Cruises Until September, Citing Expanding Coronavirus Outbreaks
A man sails in his boat alongside cruise ships docked at Long Beach Harbor during the COVID-19 coronavirus pandemic on April 11, 2020 in Long Beach, California. Apu Gomes | fake pictures The Centers for Disease Control and Prevention on Thursday extended its ban on sailing in US waters until …
Read More »Barr criticizes American technology for becoming ‘Chinese influence pawns’
United States Attorney General William Barr speaks about the shooting at the Pensacola Naval Air Station in Washington, DC. Michael Brochstein | Barcroft Media | Reuters In a general speech Thursday, United States Attorney General William Barr criticized American tech giants Google, Microsoft, Yahoo, Apple and Cisco, as well as …
Read More »Abigail Disney is “confused” by the company’s decision to reopen Florida parks
Abigail Disney told CNBC on Thursday that it does not understand Walt Disney’s decision to reopen his company’s theme parks in Florida, a state that is watching coronavirus cases soar. “I am not seeing the same information that they are seeing, but given what I know … I am confused …
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