The luxury travel and services industry faces major challenges as consumers move toward a “sharing economy” where they swap, barter or rent luxe goods and services, our Julie Earle Levine reports.
#SQUAWK BOX HOSTS UPGRADE#
No word from Google of how or when the upgrade will be finished. YouTube uses a 32-bit integer formula to keep track of the hits, which means the counter can’t handle a number higher than 2,147,483,647. Google said last week that it had to “upgrade” its hit-counter due to the large volume. On the Money noted that since his video sensation “Gangnam Style” hit the Web in July 2012, it has become the most-watched video on YouTube to date, scoring more than 2.1 billion views - which broke YouTube’s hit-counter on the song’s page. Korean pop star Psy has literally done what Kim Kardashian tried to do: Break the Internet. When it looked like things couldn’t get any worse, the studio got attacked by a hacking group called The Guardians of Peace.īet former Chairman Howard Stringer is glad he’s no longer in charge. This year has seen studio bosses in relentless cost-cutting mode. Then in 2013, Sony came under attack by hedge-fund operator Dan Loeb, who shamed the studio, saying its movies sucked and the entertainment unit should be sold. In 2012, its factories got swamped in the tsunami. Sony just never seems to be able to dig out from unfortunate situations. Hackers breached Sony’s internal systems and illegally released a handful of upcoming movies online, then dumped data exposing the most intimate details of Sony’s deals, employee contracts and actors salaries, among other things. Tinseltown isn’t known for its soft side, but when it comes to watching the North Koreans (allegedly) open Sony’s kimono, there’s a distinct lack of schadenfreude and more of “it could have been us.” “When you are first in business worldwide, sometimes confidence is misinterpreted as arrogance, and if that were ever the case, we would certainly be apologetic,” said a spokesman for CNBC. “They seem to think they’re more important than the guests.” “The culture there seems to be kill your colleague,” one person quipped over bookings. “Squawk” is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin.Ĭompetition is so tough, top business executives tell us, that CNBC is stepping up its haranguing of guests about appearing on any parts of the Fox Business lineup and has threatened these executives with banishment from CNBC if they appear on Fox first.īooking wars are nothing new, but it seems some of CNBC’s hosts lack a team spirit, our sources say. The Englewood Cliffs, NJ-based CNBC is spending big bucks renting studio space in Midtown in order to set up its “Squawk Box” studio just two blocks north of the Fox Business headquarters on the Avenue of the Americas.
CNBC must miss former anchor Maria Bartiromo, who decamped to Fox Business Channel earlier this year.
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