Who brags about bad results? The Business Insider reports that in September, Sprint told the FCC it has not been able to turn the corner with respect to its core business challenges and has seen serious drops in subscribers and revenue. The reason for not turning a frown upside down? Sprint hopes the bad news will prompt the FCC to approve its merger with T-Mobile.
CBS has promoted Showtime execs to senior positions. CBS announced that David Nevins, CEO of Showtime, will be CBS chief creative officer—a new position. It also made Christina Spade, formerly CFO at Showtime, CFO for CBS. The Wall Street Journal reports that the company is remaking itself after the sexual assault and harassment scandal involving former CEO and chairman Leslie Moonves and a bruising corporate battle with National Amusements Inc., a major CBS shareholder.
It’s almost as if Trump does it on purpose. At a campaign rally yesterday, Trump rankled the press by praising a Republican congressman who body-slammed a reporter last year, calling him a "tough cookie" and saying he thinks the assault may have helped the congressman win the election in Montana. (Associated Press)
Peter Thiel has donated $1 million to a conservative advocacy group. A recent campaign finance disclosure reveals that the Facebook board member and noteable investor gave the money to the Club for Growth, an advocacy group backing Republican candidates. Thiel financially and vocally supported Trump during the last election. (Recode)
In an odd development in the case of missing Saudi journalist Jamal Khashoggi, the Saudi leader Crown Prince Mohammed Bin Salman is getting support online from erectile dysfunction pill spammers. According to Mashable, spambots along with human influencers and automated political accounts have been supporting the Prince and his regime in the wake of Khashoggi's disappearance. (Mashable)