Murdoch Targets 5 Million Subscribers for New Sports Venture

Murdoch Targets 5 Million Subscribers for New Sports Venture

Fox Corp. Chief Executive Officer Lachlan Murdoch said the new sports streaming service he’ll launch later this year with Walt Disney Co. and Warner Bros. Discovery Inc. is projected to reach 5 million subscribers after five years. Murdoch, speaking at the Morgan Stanley technology, media and telecom conference on Monday, said the service is aimed … Read more

Stock Markets: Dispelling the AI hallucination

Stock Markets: Dispelling the AI hallucination

Signage for Nvidia Corp. during the Taipei Computex expo in Taipei, Taiwan, on Tuesday, May 30, 2023. Hwa Cheng | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Savers Move Cash From Banks to Money-Market Funds to Earn 5% Now

Savers Move Cash From Banks to Money-Market Funds to Earn 5% Now

Welcome to Bw Daily, the Bloomberg Businessweek newsletter, where we’ll bring you interesting voices, great reporting and the magazine’s usual charm every weekday. Let us know what you think by emailing our editor here! If this has been forwarded to you, click here to sign up. With the US Federal Reserve keeping interest rates pinned … Read more