Facebook has lost more value today ($240b-ish) than almost all global companies have ever been worth, at any time, in their histories.
Alex Sherman
32.6K posts
Alex Sherman
@sherman4949
CNBC media & sports reporter. Author of CNBC Sport newsletter/host of CNBC Sport Podcast (CNBC.com/sportnewsletter) Tips to alex.sherman@versantmedia.com
- Can confirm Paramount Global is suspending too. It’s a deluge. Apple, Disney, Warner, Paramount Global and Lionsgate pause advertising on X Story here:
- What percentage of the boos were bots
- Pence: I'll defend anything Trump said Kaine: OK, go for it Pence: He didn't say any of the stuff he said. See? Done.
- Can confirm WBD has reached a settlement with the NBA. Inside the NBA will continue and be licensed to ESPN. All the talent will remain TNT Sports employees and can be used in other future shows or projects for warner bros Disocvery
- Replying to @sherman4949Sorry, "Meta." I'm still writing Facebook on all my checks.
- For the ESPN/YouTube TV fans, according to YouTube (as I reported yesterday): ESPN’s full lineup of sports - including content from ESPN Unlimited - will be made available on YouTube TV to base plan subscribers at no additional cost by the end of 2026.
- Scoop: Tomorrow is the day. CNN is set to lay off hundreds of employees tomorrow ... and NBC News is also preparing layoffs this week, albeit far smaller. Details:
- Hi all -- been working on this one for months. It's taken on a larger significance given the last few weeks.
- If my surprise Christmas to my wife involved me spending $2000 on something without telling her first, her reaction would be slightly different from the Peloton lady.
- Big scoop: Endeavor is finalizing a deal to buy WWE. To be announced tomorrow.
- I've got a lot more detail on Wendy McMahon stepping down from CBS News: *She didn't quit on her own. CBS Co-CEO asked for her resignation on Saturday. *There have been weeks of increasing tensions between the Paramount board over "60 Minutes" programming
- I hope you’ll budget some time for 12,090 words today. I’ve been working on this for many months. A fascinating story of succession gone wrong.
- British fans frantically Googling "What is Iceland?" now
