AI is driving down the price of knowledge – universities have to rethink what they offer 
Britain has almost 1 million young people not in work or education – here’s what evidence shows can change that 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
Nike Q4 Earnings Beat Estimates as Wholesale Growth Offsets Direct Sales Weakness 
US Stock Futures Hold Steady Ahead of June Jobs Report as Fed Rate Outlook Remains in Focus 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
How to support someone who is grieving: five research-backed strategies 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Google promotes ‘teacher approved’ apps for kids. Here’s what parents should know 
The American mass exodus to Canada amid Trump 2.0 has yet to materialize 
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
Trump Administration to Launch Voluntary AI Standards for Frontier Models 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Yes, government influences wages – but not just in the way you might think 
Michael Burry Shorts Tesla at $416 as AI and Semiconductor Bearish Bets Expand 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
CNN, or Cable News Network, has a new chairman and chief executive officer. The news channel’s parent company, Warner Bros. Discovery Inc., hired veteran media personality, Mark Thompson, to lead the group.
Thompson previously worked at BBC News and The New York Times, where he held the same role that he will assume at CNN. As the new leader, he is now expected to help the organization recover as its ratings continue to fall. He was actually hired as part of the company’s attempt to turn around the channel that has been losing viewers in the past two years.
Associated Press News reported that Thompson was appointed by Warner Bros. Discovery’s head, David Zaslav. He personally announced that the company found a replacement for Chris Licht, who was terminated in June. The new CEO is set to take over on Oct. 9.
At any rate, in his new job post, Thompson will be at the forefront as CNN works on its strategy to revive ratings. He will also oversee the operations and various divisions in the network, including its global units, streamings, and channels. He will lead a workforce of about 4,000 employees around the world.
“There isn’t a more experienced, respected or capable executive in the news business today than Mark, and we are thrilled to have him join our team and lead CNN Worldwide into the future,” Zaslav said in a press release. “Mark is a true innovator who has transformed for the digital age two of the world’s most respected news organizations. His strategic vision, track record in transformational leadership and sheer passion for news make him a formidable force for CNN and journalism at this pivotal time.”
Thompson also commented, “I couldn’t be more excited about the chance to join CNN after years of watching it and competing against it with a mixture of admiration and envy and I can’t wait to roll up my sleeves and get down to work with my new colleagues to build a successful future for CNN.”
Photo by: Ken Lund/Flickr (CC BY-SA 2.0)
