story with the latest senior media and tech correspondent julia boorstin and cnbc tech reporter alex sherman and sarah fischer, media reporter at axios and which can come out on top as the streaming space consolidates first the latest, julia, on the cnn plus stumble >> kelly, warner brothers announcing shutting down cnn plus it launched just on march 29th just a couple weeks ago. operations halt april 30th and cnn plus's chief andrew morris is leaving the company warner brothers discovery saying in a press release "as we become warner brothers discovery, cnn will be strongest as part of our wbg with nonfiction content. the ceo streaming saying the brand key to the company's direct to consumer service kelly, what we're seeing a new type of bundle that this company is putting together to make sure that it can really compete with the other major streamers. >> julia, stay there alex sherman, turning to you apparently a wigbig reezareason deal itself. washer brothers sunk a ton of money and discovery not onboard. deal finalized why did they pull the plug >> look at it from two different perspecti

>> dnds on what the fate of the service is alex sherman had a great report on cnbc yesterday.e people who have had to pay so do a multiple of that if you do, joe, you're still looking at dozens of thousands, maybe 100,000. it's not an absolutely gigantic number, and so i think the problem is in order for them to prove to discovery that say deserve to stand as a stand alone they're going to have to get those numbers up we'll see what the roku deal does, but remember still not available on android tv, still not available on doing tv. we'll see if they're able to broker those relationships as well >>> we've got jp morgan down >> if you're looking at the top line number revenue on a manage base was a little better than expected 31.59 vs. s $35.85 billion that the street was looking for more on the details on this coming up in a bit, but jp morgan down by about 1.3%. "squawk box" will be right back. . you can't be in two places at once, let posh answer. posh virtual receptionists. >>> jp morgan shares trading lower after the quarterly results coming out you can see right now the st

the sanctions, those are gonna slowly by vladimir putin, because as general sherman said in the civil war. war is hell, but alex, it's also expensive. those sanctions are gonna bite him. i think we're on all three tracks, pretty coherently. >> okay, always a pleasure to speak with you, admiral, thank you sir. so it feels like a long time coming, one of america's prestigious universities takes a step towards righting a wrong. what will justice look like? well more schools, and even the country, step up? and offering you more sustainably sourced products so you can become part of the change. so, can a company make the planet a better place? at walmart, we're working on it, every day. ♪ ♪ i came, i saw, i conquered. (all): hail, caesar! pssst caesar! julius! dude, you should really check in with your team on ringcentral. i was thinking like... oh hi, caesar. we were just talking about you. ha ha ha. yeah, you should probably get out of here. not good. ♪ ♪ ♪ ringcentral ♪ i'm greg, i'm 68 years old. i do motivational speaking ♪ ♪ in addition to the substitute teaching. i honestly feel that that's my calling-- to gi

sherman's writeup? ufc? i mean, disney looked at them in 2016 and wouldn't be surprised to see somebody making a play here. >> yeah. i think alex's article is well done ufc, a huge driver for service like espn plus, for example. i think sports or sports-related content is going to be key for all streamers. including netflix. i think netflix, tangentially enter, the space through gaming. the future, how they're branching out, sports they stay away from. it's live. commercials. don't own it outright even if you have exclusive window. all play against the netflix playbook but still such a huge leadership driver that i don't think they can ignore it entirely in the future. >> i don't either. see between that, ad sponsors. big, big moves to contend with still. a couple of years to come. tim, final word, how do we view apple's success? i don't imagine we'll get -- will we get audience streaming numbers or their xrversion of that what does success look like for apple in the mlb game? >> successful doing more deals see them get into the nfl. talk perhaps therapy in the running for the sunday ticket package. that could be a big get for th

jeff sherman said in this statement, today's authorization is yet another example of the rapid innovation occurring with diagnostic tests for covid-19. and christi and alexacy of this test. the fda says the test correctly identified about 91% of positive covid-19 samples. and about 99% of negative samples. that was in a study of more than 2400 people. the fda also says the company inspect ir expects to produce about 100 of these instruments each week, moving forward. christi, alex. >> jacqueline, thank you so much. >>> shanghai is reporting more than 23,000 new cases as of yesterday. that's more than 95% of the newly reported cases in china. >> and china's most populous city is one of at least 44 places, all across klchina, thas been subjected to lockdowns as authorities try to curb the spread of a nil new contagious variant. cnn's david culver has more from shanghai, where he's been documenting life under these strict measures. >> reporter: a few steps of freedom granted to some shanghai residents, strolling their own neighborhoods as if taking in some strange new world. where are you going to go? there's nowhere to go. shops still closed. and public tr