Peter Kafka
@pkafka
Chief correspondent at Business Insider. Host of Channels pod, every Weds. https://link.chtbl.com/kafka Monkey via @andybyday. “Someone I like reluctantly.”
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Professional news: I have two jobs! Very excited to start chatting again. Sara has the backstory below. You can get tomorrow’s show - an interview with the New Yorker’s David Remnick - and every one after that, for free, by heading here link.chtbl.com/kafka
Big news for media biz: @pkafka bringing his infamous pod back to @voxmedia, rebranding it “Channels” -He’ll remain w @BusinessInsider -Will still be a weekly intv show -Peter will own the show. Vox Media is production, distribution and sales partner axios.com/2024/09/10/pet…
Had a great time talking to @pkafka about @BulwarkOnline and our success on YouTube as we build a community united by a pro-democracy mission. Check it out: open.spotify.com/episode/0r8FDy…
The twist: DraftKings and Fan Duel *may* get real competition in the future from prediction markets like Kalshi, which essentially allow sports betting even in markets where it's not legal. Which is why DraftKings just bought its own prediction market startup.
ESPN still wants sports betting $. But a new deal with DraftKings is an admission that the biggest brand in sports isn't enough to crack a duopoly. New from me: businessinsider.com/espn-draftking…
ESPN still wants sports betting $. But a new deal with DraftKings is an admission that the biggest brand in sports isn't enough to crack a duopoly. New from me: businessinsider.com/espn-draftking…
Brings to mind this response from Jimmy Pitaro to @pkafka noting that $PENN deal had been public suggesting that the deal was not working for them. Now 1/3rd of the flagship ESPN app value proposition needs to pivot.
A @SarahLongwell25 interview w/ @pkafka hit especially hard today (in the best way) open.spotify.com/episode/0r8FDy… @BulwarkOnline
By my model, life-to-date spend on Meta's Reality Labs division crossed $100B in Q3 2025 (~$100.975B), with the net operating loss at $89B given ~$12B in recognized revenue. Note that most of that operating loss is really an investment on products, features, etc., still to come
"I love a good TV panel discussion. But it's worth asking if the typical one actually includes, or even channels the views of, people like the ones Mamdani described." CNN's @brianstelter view.newsletters.cnn.com/messages/17623…
Sources: Roelof Botha was asked to step aside after some Sequoia partners raised concerns about his leadership; Botha had declined to comment on Shaun Maguire (Wall Street Journal) wsj.com/finance/invest… techmeme.com/251105/p17#a25… 📫 Subscribe: techmeme.com/newsletter?fro…
The thing about the "Larry and David Ellison are tilting Paramount to please Trump" theory is that it's true. But it's not always true. businessinsider.com/jon-stewart-pa…
People you expect to get duped by AI slop: *Fox News *Newsmax People you don't expect: Meta's most famous AI researcher*. businessinsider.com/fox-ai-fake-sn… *Unclear if @ylecun knew he was posting slop or not. I've asked...
"This article previously reported on some videos that appear to have been generated by AI without noting that. This has been corrected."
Not sure if I’ve seen anything like this before — Fox feel for an AI video and basically rewrote their whole story when called out x.com/timodc/status/…
Exclusive: Netflix taps bank to explore bid for Warner Bros Discovery reut.rs/4oOQ63d
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