Cisco CEO Chuck Robbins believes that success in the tech industry hinges on a combination of technological understanding, emotional intelligence, and a strong sense of team mission, according to a recent podcast interview. Meanwhile, Warner Bros. Discovery is considering reopening sale negotiations with Paramount, and a new study links heavy social media use among college students to higher rates of loneliness. In other news, branded entertainment executives launched a new startup in Dubai, and research suggests a link between caffeine consumption and slower brain aging.
Robbins, speaking on the TBPN podcast earlier this month, stated that the most successful individuals in the tech industry possess three key traits. "The people who are wildly successful have this incredible combination: they understand the technology, have high EQ emotional intelligence, and really care about the mission of the team," he said. He emphasized that collaboration is crucial in the AI era.
In the entertainment world, Warner Bros. Discovery is evaluating a potential deal with Paramount. According to sources familiar with the matter, the company is considering reopening sale talks after receiving an amended offer from Paramount. The board is discussing whether Paramount could offer a superior deal, potentially igniting a second bidding war with Netflix. Paramount has submitted amended terms, including covering a $2.8 billion fee owed to Netflix if Warner Bros. terminates their agreement, according to people with knowledge of the matter.
A study of 65,000 college students in the US revealed a correlation between social media usage and loneliness. The study found that spending just 16 hours a week on social media was linked with higher odds of loneliness, according to Phys.org. More than half of the students surveyed reported feeling lonely.
In Dubai, branded entertainment executives Anthony Damianakis and Pete Fergusson launched IPX, a startup designed to connect brands with content. IPX is being touted as the world's first global marketplace for branded entertainment, according to Variety.
Finally, research suggests a potential link between caffeine consumption and slower brain aging. A study of 130,000 people indicated that moderate caffeine intake might reduce dementia risk, according to Nature News.
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