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Altice Buys Streaming Financial News Network Cheddar For $200M
Tuesday, April 30, 2019 - 12:40pm | 447Altice USA Inc (NYSE: ATUS), one of the largest broadband communications and video services providers, has reached an agreement to acquire Cheddar. What Happened Altice will pay $200 million to acquire Cheddar in an all-cash deal, The Wall Street Journal first reported Tuesday. Cheddar's...
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Why AT&T's New All-In-One Bundle Doesn't Make Sense
Monday, August 3, 2015 - 3:08pm | 383Within weeks of acquiring DirecTV, AT&T Inc. (NYSE: T) has made its first move by announcing a new all-in-one wireless, TV and phone bundle priced at $200. Jon Steinberg, Daily Mail North America, was on CNBC to discuss this new bundle. 'I Don't Get It' "This makes no sense,"...
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Why Yelp And Tim Fu Are Wrong In Accusing Google Of 'Manipulating' Search Results
Monday, June 29, 2015 - 3:05pm | 432Re/code recently published an article on a study done by Tim Wu and Yelp Inc (NYSE: YELP) titled, "Google Manipulates Search Results, According to Study From Yelp and Legal Star Tim Wu." Jon Steinberg, Daily Mail North America CEO, thinks that the study doesn't paint the true...
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Jack Dorsey - CEO Candidate For Twitter; What Happens If He Fails?
Monday, June 15, 2015 - 4:23pm | 431While Twitter Inc (NYSE: TWTR) has announced that Jack Dorsey will be the interim CEO of the company from July 1, Jon Steinberg, Daily Mail North America CEO, thinks there isn’t any other permanent CEO candidate for Twitter. Steinberg was on CNBC Monday to explain why he thinks so and what...
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Apple Topples Competition; Becomes The Largest Smartphone Vendor In China
Monday, May 11, 2015 - 4:04pm | 420Research firm IDC recently released a report on Chinese smartphone shipment, which circulated the idea that Apple Inc. (NASDAQ: AAPL) toppled all other major smartphone makers in the first quarter of 2015 to become the largest smartphone vendor (by shipment) with a market share of 14.7 percent....
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Why Netflix Is Not A Competitor To HBO, But Comcast
Tuesday, April 21, 2015 - 12:16pm | 391The New York Times recently interviewed Reed Hastings and revealed that Netflix, Inc. (NASDAQ: NFLX) will be releasing 320 hours of original programming this year, three times more than what it did last year. Jon Steinberg, The Daily Mail North America CEO, was on CNBC recently to discuss how...
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Google's 'Pony Express' To Be A Post Office Killer?
Wednesday, March 25, 2015 - 3:03pm | 384Re/code recently reported that Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) is working on a project called "Pony Express," which will allow Gmail users to receive and pay their bills within the platform. New York Times columnist Nick Bilton and Jon Steinberg, The Daily Mail North America...
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Marco Arment: Apple's Hardware Is 'Amazing,' But Software Quality Has 'Nosedived' Significantly
Monday, January 5, 2015 - 2:28pm | 413Former Tumblr CTO, Marco Arment recently wrote a blog post titled ‘Apple has lost the functional high ground’ in which he praised Apple Inc. (NASDAQ: AAPL) for making great hardware, but criticized the company for faltering in the software department. The post reads, "Apple...
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Here's 1 Reason Why Amazon's One-Hour Delivery Is 'Unimpressive'
Thursday, December 18, 2014 - 3:34pm | 291Amazon.com, Inc. (NASDAQ: AMZN) may have outdone itself by announcing one-hour delivery for its customers. However, this facility is currently available only for Amazon Prime customers and only at certain geographical locations. CNBC’s Carl Quintanilla reported on this new delivery...
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Here's What Facebook Might Be Planning For Instagram
Wednesday, December 10, 2014 - 3:25pm | 382Ever since Facebook Inc (NASDAQ: FB) acquired Instagram for approximately $1 billion in 2012, the Street has been speculating about how it’s going to monetize the service and how Instagram fits into Facebook's future plans. Jon Steinberg, CEO of Daily Mail (North America), and CNBC...
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Can Apple Really Touch $150 Anytime Soon?
Wednesday, December 3, 2014 - 3:06pm | 306JMP Securities raised its price target on Apple Inc. (NASDAQ: AAPL) on Wednesday to $150. In the note, analysts at JMP reasoned that "lack of competitive momentum from Android rivals should translate into further gains this quarter." CNBC’s Jon Fortt and Jon Steinberg, CEO...
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How The Apple Watch Could Influence iPhone Sales
Monday, November 24, 2014 - 3:14pm | 417The numbers keep on increasing, wherever Apple Inc. (NASDAQ: AAPL) is concerned. While most analysts are predicting a big sale for iPhones in Q4, thanks to the holiday season, analysts at KGI Securities have topped them all by forecasting that Apple will sell a whooping 71.5 million iPhones in Q4...
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'Gotham' To Hit Netflix
Friday, September 5, 2014 - 2:40pm | 311The folks on CNBC's Squawk Alley recently reported Netflix's deal to stream "Gotham" after it airs its first season on Twenty-First Century Fox Inc's (NASDAQ: FOX) Fox network. “Pretty unique because Netflix, Inc. (NASDAQ: NFLX) is buying rights to air a series that...
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Eric Lefkofsky, Groupon CEO, Defends Move Into eCommerce
Friday, February 21, 2014 - 4:31pm | 527Eric Lefkofsky, Groupon (NASDAQ: GRPN) co-founder and CEO, appeared on CNBC's Squawk on the Street Friday to defend his company's transition into the mobile eCommerce space versus giants of that realm like Amazon seeming impossible to compete with. “Guidance for the first quarter's actually...