Code Advisors' Quincy Smith on Snap: The Instagram Guys "Are Killers"; And MDC Partners' Says Amazon's Stepping on Facebook and Google
Jon Steinberg
CEO of Future Plc. Founder of Cheddar, former President/COO of BuzzFeed, former President News and Advertising at Altice USA
Here's What Legendary Violinist Itzhak Perlman Did This Summer
Itzhak Perlman is best known for playing violin and conducting, but when he gets home from touring, he teaches. The legendary musician sits down with Jon Steinberg to discuss his passion for teaching.
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Does Former NBA Commissioner David Stern Think An International Team Will Ever Join the League?
To ensure the future of the league, former commissioner David Stern says current NBA head Adam Silver is focused on three components: global, digital, and social responsibility. But could an overseas team one day join the league?
Code Advisors' Quincy Smith on Snap: The Instagram Guys "Are Killers"
Code Advisors' Quincy Smith says he's seen Snap founder Evan Spiegel change from afar, as his focus has shifted to platform growth. But Smith warns that Facebook's Instagram "is a major competitor."
MDC Partners' Michael Bassik Says Amazon's Stepping on Facebook and Google's Ad Duopoly
MDC Partners' Michael Bassik says advertisers are starting to shift ad dollars to Amazon's platform, taking money away from Facebook and Google's duopoly.
FEATURED HEADLINES
JUICERO SQUEEZED OUT OF BUSINESS:
The San Francisco-based startup, which sold $400 cold-press juicers and produce packs that cost as much as $7, said it's suspending sales of its products. Juicero launched just 16 months ago, charging $700 for its juicers. But in July the company announced a shift in strategy, with the CEO saying it was trying to bring down costs so it could scale the business. Fortune reported, however, that the company has been unable to cut costs on its own, and that it's now trying to find a buyer.
LATTICE APPEALS DIRECTLY TO TRUMP OVER SALE:
Lattice Semiconductors is asking President Donald Trump directly for approval of its $1.3 billion sale to China-backed Canyon Bridge Capital Partners. The request comes after regulators recommended the deal doesn't go through. CFIUS, the Committee on Foreign Investment in the U.S., reviews potential acquisitions to make sure they don't pose any national security threats. Critics say Lattice chips could theoretically be used by China's military. The Lattice deal would be the first to hit the president's desk, and the first test of his stance on such cross-border transactions.
TINDER TAKES TOP SPOT ON APP STORE:
Tinder's making waves, as it officially grabs the title of top grossing app in the App Store. The online dating company launched a global version of the app called Tinder Gold earlier this week. The premium version lets users see who has liked them without having to either like them back or ultimately match. It costs $4.99 a month, while Tinder's main app is free. Research from data collector App Annie shows that dating apps made up one-third of the top 15 revenue making iOS apps.
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