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Forget $7 million for a 30-second commercial. Here’s why brands at the big game in Las Vegas are spending millions that fans will never see.<br/><br/>For the past month, a 30-story-high Doritos chip has towered over the Las Vegas Strip, covering the face of the Luxor Hotel. Other brands are similarly plastering their names and logos all over the city, on the exterior of the Sphere and on events like Super Bowl Opening Night Fueled by Gatorade, the Super Bowl Experience Presented by Toyota and the Apple Music Super Bowl Halftime Show.<br/><br/>Meanwhile, Mattel has released a Super Bowl-themed Barbie, and a long list of companies are running extravagant promotions and giveaways, including Marriott Courtyard’s Super Bowl Sleepover, which will give fans an opportunity to stay the night in a suite at Allegiant Stadium. Then there’s Sunday’s game, which of course will feature a firehose of TV commercials that sold for a reported $7 million per 30-second slot (without even taking into account their production budgets).<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/brettknight/2024/02/06/inside-the-super-bowl-of-marketing/?sh=62e214427231<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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HP Support
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PCMag
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Taiwan-born Su immigrated to the U.S. as a child. Now she is one of just 26 U.S. self-made women and 26 hired executives to accumulate 10-figure fortunes.<br/><br/>Just two years after joining chipmaker Advanced Micro Devices in 2012, IBM veteran Lisa Su was tapped to take the top job. It was a big promotion for the then 43-year-old, but also a gamble. At the time, the company was floundering. It had laid off around a quarter of its staff and its share price hovered around $2. Patrick Moorhead, a former AMD exec, remembers it as “deader than dead.”<br/><br/>On her second day as CEO, Su stepped up to the microphone during an all-hands call with a message for AMD’s demoralized employees: “I believe that we can build the best,” she told her staff. That message was also step one in her three-pronged plan to fix AMD: Create great products, deepen customer trust and simplify the company. “Three things, just to keep it simple,” she told Forbes in May as part of an in-depth interview. “Because if it’s five or ten, it’s hard.”<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/samanthakroontje/2024/02/07/how-generative-ai-helped-make-amds-lisa-su-a-billionaire/?sh=42657b504dfe<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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ENG-School
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HP Support
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YouTube on Thursday announced a key milestone for YouTube Premium and Music, the Google-owned company’s paid services for ad-free access and music streaming: a combined 100 million subscribers.<br/><br/>The new subscriber figure is still small compared to YouTube’s overall user base of 2.5 billion people, but YouTube CEO Neal Mohan told Forbes that the site’s subscription business is part of a “twin engine growth” plan with its advertising business.<br/><br/>“We obviously are an ad-supported business,” he said. “But we have also worked very hard to build up a subscription business. And that is a meaningful part of our business at this point.”<br/><br/>Hitting the triple-digit millions means the company’s subscription business is slowly catching up to a number of well-established rivals. Amazon Prime, arguably the gold standard of digital subscription bundles, reportedly had more than 200 million subscribers last year, while Spotify premium, another ad-free service, has 226 million subscribers. (YouTube Premium’s 100 million subscribers also includes people currently on one-month free trials, the company said, though YouTube declined to say how many.)<br/><br/>The $13.99 per month Premium service, which first debuted in 2015, includes access to YouTube Music Premium (which costs $10.99 per month on its own) and special features, like the ability to download videos for offline viewing. Premium users also get access to early or experimental YouTube features, like an artificial intelligence tool the company tested last year that uses generative AI to let people ask questions about a video.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/richardnieva/2024/01/31/youtubes-premium-and-music-100-million-subscribers/?sh=582518a76d89<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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HP Support
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Elon Musk ceded the title of world’s richest person to Frenchman Bernard Arnault of luxury conglomerate LVMH Tuesday evening, after a Delaware judge voided a hefty package of performance-based Tesla options awarded to Musk in 2018. Those shares had been worth more than $50 billion. Forbes estimates that Musk is now worth $184.5 billion. He now trails Arnault (estimated net worth: $210.8 billion) but remains ahead of the world’s third richest person, Amazon’s Jeff Bezos ($179 billion).<br/><br/>In her ruling, Delaware judge Kathaleen McCormick determined that Musk and his co-defendants, Tesla and certain of its board members, failed to prove that the process underlying the award of “the largest potential compensation opportunity ever observed in public markets” was fair due to conflicts of interest and Musk’s “control” over the board. Musk’s options were worth $50.9 billion (net of exercise cost) at Tuesday’s stock market close (the value of the package varies based on Tesla's stock price; Tesla estimated that the options would be worth $55.8 billion upon fully vesting, which occurred in late 2022). Because of the ruling, he won’t be able to exercise or sell them. Given the high level of uncertainty about what comes next–including an appeal of the ruling, Forbes has discounted Musk’s options by 50%, enough to knock his net worth down by $25.5 billion after the decision.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/mattdurot/2024/01/31/elon-musk-no-longer-worlds-richest-after-judge-voids-51-billion-pay-package/?sh=26c43b486c26<br/><br/>Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. Subscribe here: https://art19.com/shows/forbes-daily-briefing<br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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