Stevens & Lee expands in New Jersey with acquisition of 8-lawyer firm
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New York Post
26 minutes ago
- New York Post
Former X CEO Linda Yaccarino lands new gig at digital health firm focused on weight loss drugs
Former X CEO Linda Yaccarino landed a new gig to head a digital health startup on Tuesday – just weeks after she abruptly stepped down from the helm of Elon Musk's social media site. Yaccarino, 61, will take over as CEO of Miami-based eMed Population Health, which provides support and resources for patients on Ozempic and other popular GLP-1 drugs used to treat obesity and diabetes, the company announced. EMed cited the advertising veteran's 'undeniable ability to negotiate new partnerships' as a key factor as it looks to secure more deals with employers and government agencies. Advertisement 3 Linda Yaccarino is the new CEO of eMed. AFP via Getty Images 'The healthcare industry has been disrupted by technology, but not yet completely transformed by it,' Yaccarino said in a statement. 'There is an opportunity to combine technology, lifestyle, and data in a new powerful way through the digital channels that impact consumers directly in ways that have never been done before,' she added. Yaccarino resigned from X last month after two chaotic years working alongside Musk, who faced intense scrutiny over his work with President Trump's Department of Government Efficiency. Advertisement Her exit was announced just one day after a glitch caused X's Grok chatbot to spew antisemitic views, including referred to itself as 'MechaHitler.' 3 Linda Yaccarino stepped down as CEO of X last month. AP However, a source close to the situation told The Post at the time that Yaccarino's departure was already in the works and was unrelated to that incident. Advertisement 'She got advertisers back and made it profitable again,' the source said. '(She) felt it was time to move on.' 3 Linda Yaccarino was a former ad executive at NBCUniversal. REUTERS The former NBCUniversial advertising executive joined X in 2023, shortly after Musk bought the site formerly known as Twitter, and was tasked with mending fences with major corporate advertisers stemming from the mogul's overhaul of the platform. Under Yaccarino's leadership, X filed a federal antitrust lawsuit targeting the World Federation of Advertisers and a shadowy ad cabal known as the 'Global Alliance for Responsible Media initiative,' or GARM, as part of a broader push for holding 'brand safety' firms accountable for alleged censorship. Advertisement She will now take her talents to eMed, which was founded in 2020. The Miami-based company touts a range of services on its website, including 'at-home diagnostics, proctor-led screenings, physician-guided prescribing,' according to a press release. It also claims it can help reduce the cost of a weight-loss program by up to 50% for patients.
San Francisco Chronicle
26 minutes ago
- San Francisco Chronicle
Why Apple has sued San Francisco's newest movie theater
A dispute over a shared name has landed a small East Coast theater chain in legal trouble with one of the world's biggest tech companies. Cupertino-based Apple Inc. has filed suit against Apple Cinemas a month after the small and relatively new East Coast movie theater chain expanded to San Francisco. The Cupertino-based tech giant has filed suit against the movie exhibitor in federal court for copyright infringement, alleging that the brand is trying to trick ticket buyers into thinking that the two companies are affiliated. The lawsuit was filed Friday, Aug. 1, in federal court in Massachusetts, where Apple Cinemas is headquartered. According to the Hollywood Reporter, which reviewed the suit, Apple Inc. is seeking a court order to force the chain to cease using the word 'Apple' in its name and is also asking for unspecified damages. 'Consumers should not go to an 'Apple Cinemas' theater thinking it is connected to the famous Apple brand, with all its goodwill and brand equity,' reads the complaint, written by Miranda Means, a lawyer for Apple. The Chronicle has reached out to Apple Cinemas co-founder Siva Shan and Director of Operations Jessica Robitaille for comment. Apple Cinemas, formed in 2013, had grown into a 13-theater chain in the northeastern United States when in June it struck a deal to occupy the 1921 Don Lee Building at 1000 Van Ness Ave., expanding its footprint into the West Coast. Apple Cinemas opened the 14-screen, 92,724-square-foot space previously occupied by AMC Theatres and CGV Cinemas on July 10. 'I think San Francisco opens up a lot of opportunities,' Robitaille told the Chronicle at the time. 'I think it's really a fantastic space that we have to work with and we have big plans for it.' Apple Cinemas also signed a lease to take over the former Century Blackhawk Plaza in Danville to transform the space into a new theater for the East Bay suburb. It's expected to open by the end of the year. Robitaille and Shan said that the Bay Area foray is part of the company's ambitious expansion plans to become a major national cinema chain. A notable part of the lawsuit is that Apple Inc. contends its brand could be damaged by being associated with Apple Cinemas' alleged lack of quality control. The suit highlights comments on social media that its theaters are 'greasy,' 'dirty' and 'grungy,' with some complaining of tech issues, including the projection system and online purchase portal. Last year, parent company Sand Media applied to register Apple Cinemas and a related mark for ACX — Apple Cinematic Experience but was denied, according to the Hollywood Reporter. The trademark examiner concluded that its movie theaters are 'closely related' to Apple Inc.'s entertainment services — such as Apple Studios and Apple TV+ — and may cause confusion among consumers.
Yahoo
39 minutes ago
- Yahoo
Fundstrat's Tom Lee: Owning Bitcoin Is Like Owning Land Under A McDonald's
Bitcoin (CRYPTO: BTC) is undergoing a reframing in how institutions may treat it, not as a volatile asset, but as digital infrastructure akin to real estate. What Happened: Fundstrat co-founder and Bitmine (AMEX:BMNR) chairman Tom Lee drew a sharp analogy in an conversation with Bitwise, saying Bitcoin as a treasury asset is like owning the land underneath a McDonald's franchise, not running the business. "It's better to be the landowner of a McDonald's franchise than the operator," Lee said, explaining that corporations may begin viewing Bitcoin as a foundational asset — one that provides long-term capital leverage much like commercial real estate does in traditional business models. This shift, according to Lee, is a structural rethinking of how companies manage their treasuries. Traditionally, firms preferred renting space or outsourcing infrastructure, similar to how telecoms once undervalued the ownership of cell towers. But just as telecom towers grew into stand-alone, multi-billion dollar businesses, Lee sees Bitcoin following the same path—as infrastructure with compounding network value. Also Read: Why It Matters: Lee further elaborated on this thesis in an interview with CNBC, where he remained bullish on both equity markets and digital assets despite short-term market consolidation. Lee noted that the recent pullback in equities was a consolidation phase, predicting the S&P 500 could return to its all-time highs around 6,500–6,600 in the coming weeks, and reach 7,000 within the next 12 months. As chairman of Bitmine, a newly emerging ETH (CRYPTO: ETH)-focused public company, Lee noted that Bitmine now holds nearly $3 billion in Ether, making it the largest ETH treasury in the world and third-largest overall in crypto. The company recently secured investment from legendary investor Bill Miller, further signaling institutional confidence in long-term crypto plays. Lee argued that weakening labor data and cooling inflation could prompt a dovish pivot by the Fed this fall, potentially igniting a broader market rally that benefits both equities and digital assets. Read Next: Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Fundstrat's Tom Lee: Owning Bitcoin Is Like Owning Land Under A McDonald's originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
