-
Farewell to 'Insider': Henry Blodget Exits CEO Role, 'Business Insider' Returns
Wednesday, November 15, 2023 - 3:42pm | 482Business Insider announced on Tuesday it will be parting ways with its long-time CEO Henry Blodget. The company also said that it would be reverting to its old "Business Insider" brand name, ditching the shorter "Insider" it adopted in 2021. Barbara Peng will...
-
Henry Blodget's Spectacular Amazon Call Came On This Day In Market History
Friday, December 16, 2022 - 1:50pm | 452Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Dec. 16, 1998, then-CIBC Oppenheimer analyst Henry Blodget raised his price target for Amazon.com, Inc. (NASDAQ: AMZN) from $150 to $400. Where Was The Market? The S&P 500 closed at 1,161...
-
'You Are A Coward:' Dave Portnoy Calls Out Henry Blodget On Twitter Space
Friday, May 13, 2022 - 1:59am | 510Dave Portnoy is known for his fiery personality on social media; if he is in an online feud, do not expect him to back down. Thursday evening, in between periods of the Boston Bruins playoff game, Portnoy joined a New York Times Co (NYSE: NYT) Space on Twitter Inc's (NYSE: TWTR) ...
-
Dave Portnoy On Henry Blodget: 'That's My New Arch Enemy'
Thursday, November 11, 2021 - 5:27pm | 382Barstool Sports founder Dave Portnoy held an "emergency" video conference Thursday rebutting the sexual misconduct allegations that Business Insider published in an article last week. What Happened: Portnoy adamantly denied the allegations and provided...
-
Business Insider In Talks To Buy Massive Stake In Morning Brew Newsletter: Report
Wednesday, October 14, 2020 - 9:00am | 243Five-year-old newsletter Morning Brew is in talks to sell itself to Business Insider, according to The Wall Street Journal. What Happened: A reported deal price of $75 million would acquire the finance-focused newsletter service co-founded by two University of Michigan undergrad students. Alex...
-
Business Insider, eMarketer To Combine In Merger With 'Huge Opportunity'
Thursday, June 13, 2019 - 2:34pm | 338Financial news platform Business Insider and market research company eMarketer will merge to become one entity, Reuters reported Thursday. What Happened Business Insider and eMarketer already share the same parent company, German publisher Axel Springer. As of Jan. 1, 2020, the two...
-
Can Comcast Beat Disney And Win Fox's Assets?
Thursday, June 14, 2018 - 2:22pm | 532Comcast Corporation (NASDAQ: CMCSA) said Thursday morning it presented Twenty-First Century Fox Inc (NASDAQ: FOXA) an offer to buy most of its media assets for $35 per share in a deal which it claims is "superior" to Walt Disney Co (NYSE: DIS) prior all-stock offer. Is a bidding war...
-
Bitcoin Is A Textbook Example Of A Bubble, Business Insider CEO Says
Thursday, May 25, 2017 - 2:37pm | 332A new day, a new high for the digital currency bitcoin. On Thursday, the price of bitcoin gained more than 12 percent and traded above the $2,700 mark, implying it has doubled in price in the month of May alone. But investors sitting on a profit should consider what Business Insider's CEO Henry...
-
Axel Springer-Business Insider Buyout Makes Sense, But Experts See Risks To Growth
Wednesday, September 30, 2015 - 12:31pm | 551AXEL SPRINGER VERLAG (OTC: AXELF) announced on Tuesday it has acquired an 88 percent stake in Business Insider. Axel Springer noted that the acquisition is the first major step into the English speaking journalism market. Wall Street analysts are mostly positive on the deal, but cautioned...
-
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...
-
Why Cisco Needs To Go The Oracle Way
Thursday, May 14, 2015 - 3:20pm | 335Cisco Systems, Inc. (NASDAQ: CSCO) reported its third quarter earnings on Wednesday after the closing bell. EPS for the quarter came at $0.47, compared to $0.42 reported for the same quarter last year. Henry Blodget, Editor-In-Chief of Business Insider, was on CNBC Thursday to discuss why Cisco...
-
Why YouTube Is Still A Success For Google Even Though It's Not Making Money
Thursday, February 26, 2015 - 6:40pm | 391The Wall Street Journal recently published an article that highlighted that even though revenue of YouTube is growing, Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) is still not making money off it. CEO, Editor-in-Chief and Founder of Business Insider Henry Blodget was on CNBC Thursday to discuss...
-
Why Alibaba's Stock Collapse Is Investors And Analysts' Fault
Friday, January 30, 2015 - 8:20am | 457Stock of Alibaba Group Holding Ltd (NYSE: BABA) took a massive hit on Thursday after the company declared worse-than-expected quarterly results. However, according to Henry Blodget, CEO and editor-in-chief of Business Insider, the real reason of this slump is the optimism on part of investors and...
-
How Amazon And Wal-Mart Are Squelching Best Buy
Friday, January 16, 2015 - 9:28am | 423Best Buy Co Inc (NYSE: BBY) disappointed analysts and investors Thursday by announcing that it sees flat to negative same-store sales growth in the first two quarters of its fiscal year. The stock closed down more than 14 percent. Henry Blodget, Business Insider editor-in-chief and CEO, was on...
-
Henry Blodget: Starboard's Suggestions To Yahoo Make Sense
Thursday, January 8, 2015 - 6:00pm | 416One of the most vocal shareholders of Yahoo! Inc. (NASDAQ: YHOO), Starboard Value LP, sent a new letter to the company Thursday, raising concerns over news that Yahoo is looking to make a big-ticket acquisitions. Business Insider editor-in-chief and CEO Henry Blodget was on CNBC to discuss if...