EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell 7.2% and Scripps plummeted 24% as … Read more
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images Some of the motivations for the companies are clear, as they look to sports to help … Read more
Indonesia’s presidential election is due 14 February and candidates are going all out to win over voters in this country of 274 million. With millennials and Gen Z voters making up 56.5% of the electorate campaigning is often done on social media. One platform in particular has emerged as key, TikTok. Sopa Images | Lightrocket … Read more
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images The deal is a strategic investment that will see the two companies partner on a range of commercial opportunities. For now, the two companies are in the “exploratory stages” of that partnership. Cordel Robbin-Coker, CEO and co-founder of Carry1st, said … Read more
Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE’s flagship program Raw starting next year, in Netflix’s first major foray into live sports. The deal 10-year deal is valued at more than $5 billion, according to a person familiar with the matter. Netflix, which is trying to drive revenue … Read more
Novatek PJSC’s gas-condensate terminal at the Russian port of Ust-Luga on the Baltic Sea was ablaze early Sunday, Leningrad region Governor Alexander Drozdenko said in a post on Telegram. The governor did not elaborate on the cause of the fire but local media outlet Fontanka said drones attacked the facility at 3:20 a.m. local time. … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Apple’s loudest critics say the tech giant is playing catch up in the AI race. They blaming its underperformance last year, at least compared to its megacap tech peers like Nvidia, Amazon, Microsoft and Google, on its lack of a clear generative … Read more
It is always a stockpicker’s market. You just have to pick the right stocks. If you picked the so-called Magnificent Seven last year—a group of highflying, mostly tech stocks that powered the S&P 500 index to a 24% gain—you looked in the mirror and beheld a genius. This year, it might be wise to avoid … Read more
Prime Minister Fumio Kishida suffered another blow in Japan’s widest-ranging political scandal in decades with the arrest of a ruling party lawmaker on Sunday. Kishida told reporters Sunday that he was aware of the detention of Yoshitaka Ikeda, a member of the Liberal Democratic Party’s biggest faction, and called it “very regrettable, and we take … Read more
Press play to listen to this article Voiced by artificial intelligence. European Council President Charles Michel will run as a candidate for the European parliamentary election in June, he told three Belgian media outlets. A spokesperson for Michel confirmed the announcement to POLITICO. Michel plans to take up his seat in the European Parliament mid-July … Read more