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Music Podcasts Win Big at 2023 Signal Awards
  • 11th Oct 2023

Music Podcasts Win Big at 2023 Signal Awards

The Signal Awards announced the winners of its second annual ceremony, with music-based podcasts taking home the top honors. Podcasts featuring artists like Doja Cat, Björk, Snoop Dogg, and Meghan Trainor will be recognized at the event.

FedEx suspends Israel freighter flights
  • 10th Oct 2023

FedEx suspends Israel freighter flights

FedEx Express has suspended inbound and outbound flights to Israel after a large attack by Hamas insurgents from Gaza over the weekend. Other cargo operators are trying to keep air cargo traffic flowing during the war despite the risk in the air and at Tel Aviv airport.

World Teachers Day
  • 5th Oct 2023

World Teachers Day

Teachers play a crucial role in education and deserve recognition and support, including access to digital tools and training. Airtel Africa is collaborating with UNICEF to empower teachers and students in Africa through connectivity and training programs. Investment in education and teacher education is essential for improving learning outcomes. Other corporate organizations and tech companies should also invest in teacher education and establish award platforms to recognize outstanding teachers.

Toys
  • 4th Oct 2023

Toys"R"Us to Re-Establish Nationwide Presence: Geoffrey Makes a Comeback

Toys"R"Us is making a comeback in the U.S. with the launch of flagship stores nationwide beginning next year. The iconic toy brand is expanding its retail footprint and introducing new retail experiences in airports and cruise ships. Despite challenges for brick-and-mortar stores, physical retail continues to hold value in the market.

McDonald's announces return of McRib, scarcity marketing enters new chapter
  • 4th Oct 2023

McDonald's announces return of McRib, scarcity marketing enters new chapter

McDonald's is bringing back the McRib sandwich, using scarcity marketing to create consumer urgency and drive sales. The success of the McRib has even sparked competition in the fast-food industry. McDonald's has a positive financial performance and is an attractive investment for income-focused investors.

New Book Claims Alleged Fraudster Sam Bankman-Fried Considered Paying Trump $5 Billion to Halt Presidential Run
  • 2nd Oct 2023

New Book Claims Alleged Fraudster Sam Bankman-Fried Considered Paying Trump $5 Billion to Halt Presidential Run

Democratic megadonor Sam Bankman-Fried considered paying former President Donald Trump not to run for reelection in 2020, according to a new book. Bankman-Fried's associates reportedly established a covert communication line with Trump's camp and found he could potentially be swayed for $5 billion. Bankman-Fried also planned to contribute millions to Senate Minority Leader Mitch McConnell to defeat "Trumpier" candidates. Bankman-Fried is currently facing charges of fraud and embezzlement.

  • 1st Oct 2023

"Sphere in Las Vegas Opens for First Time: Exclusive Photos"

Celebrities and fans gathered in Las Vegas for the opening of the Sphere, the largest spherical structure in the world. Irish rock band U2 performed the first show of their residency at the venue, which boasts impressive visuals and a wraparound LED display. The Sphere can seat up to 20,000 people and features a humanoid robot to greet attendees.

Lake Tahoe's biggest champion Dianne Feinstein ensures the preservation of its beauty for future generations
  • 1st Oct 2023

Lake Tahoe's biggest champion Dianne Feinstein ensures the preservation of its beauty for future generations

Late senator Dianne Feinstein, who died at 90, was hailed as the biggest champion of Lake Tahoe, securing over half a billion dollars to protect its environment. Her efforts brought Tahoe's environmental threats to the national spotlight, making the lake a symbol of environmental protection. Feinstein spearheaded the 1997 Lake Tahoe Presidential Summit and played a key role in passing the Lake Tahoe Restoration Act. Her dedication to Tahoe included personal involvement and fundraising efforts. Her bipartisan approach and respect from colleagues ensured the lake's protection remained a nonpartisan issue.

Liverpool FC Receives $200 Million Dynasty Equity Investment
  • 1st Oct 2023

Liverpool FC Receives $200 Million Dynasty Equity Investment

New York private equity firm Dynasty Equity has made a minority investment in Liverpool FC, providing funds to pay down debt and support the club's growth. The deal, thought to be worth between $100 million and $200 million, will also be used to enhance the team's facilities and support future growth opportunities. The investment comes as Liverpool seeks to maintain its success in the Premier League and compete with other big-spending clubs.

Meta Quest 3 shipping in October: Double GPU power and mixed reality features
  • 28th Sep 2023

Meta Quest 3 shipping in October: Double GPU power and mixed reality features

Meta CEO Mark Zuckerberg confirms that the Meta Quest 3 VR headset will launch on October 10 starting at $499.99. The device features mixed-reality capabilities, improved GPU processing power, and compatibility with over 500 Meta Quest VR and AR experiences. It also offers a customizable fit and multiple color options. The Quest 3 will have over 100 new and upgraded titles by the end of 2023 and will support Xbox Cloud Gaming. The 512GB model includes access to the Meta Quest+ subscription service.

WBD May Favor Local Partnerships Over Worldwide Max Rollout, Says JB Perette: We Have the IP to Be a Survivor
  • 28th Sep 2023

WBD May Favor Local Partnerships Over Worldwide Max Rollout, Says JB Perette: We Have the IP to Be a Survivor

Warner Bros Discovery's JB Perrette warns of pain and consolidation in the global streaming market, but believes the merged group has what it takes to succeed. The company's Max streaming product will be rolled out in a pre-determined sequence, with some markets potentially being skipped in favor of local partnerships. Perrette suggests that the streaming market has gone too far too fast and needs to return to rationality and profitability. Despite the challenges, he remains optimistic about the company's strategy and content.

Disney talks on ABC sale heat up as Byron Allen makes offer
  • 16th Sep 2023

Disney talks on ABC sale heat up as Byron Allen makes offer

Disney has received an offer of $10bn from media mogul Byron Allen for its ABC TV network, local stations, and cable channels, as the company seeks to focus on streaming. Allen's offer is preliminary and could change, but is based on the assumption that the assets generated $1.25bn in earnings over the past year. Disney has also held talks with Nexstar Media Group about ABC and its eight local TV stations. No decision has been made about a sale, but the negotiations could help establish the value of television assets.

GM increases wage offer ahead of UAW strike deadline
  • 14th Sep 2023

GM increases wage offer ahead of UAW strike deadline

General Motors (GM) has increased its contract offer to a 20% wage hike for US autoworkers in a bid to avoid a strike. Ford Motor has also confirmed it offered a 20% hike and other benefits. The United Auto Workers (UAW) is demanding 40% raises and major improvements in benefits. The UAW has outlined plans for a series of strikes targeting individual auto plants if agreements are not reached. The UAW is asking for 40% raises and major improvements in benefits. A full strike would hit earnings at each affected automaker by about $400 million to $500 million per week.

MGM cyber-attack's potential multimillion-dollar impact, say cybersecurity experts.
  • 13th Sep 2023

MGM cyber-attack's potential multimillion-dollar impact, say cybersecurity experts.

MGM Resorts is facing a cybersecurity breach that has caused disruptions to its operations, potentially costing the company millions of dollars per hour. The breach is believed to be financially motivated, and experts warn against paying the ransom demanded by the hackers. Customers are advised to be cautious of emails that appear to be from MGM and to monitor their credit reports for any suspicious charges.

Billionaire Investors Load Up on Apple Stock: Should You?
  • 12th Sep 2023

Billionaire Investors Load Up on Apple Stock: Should You?

Billionaire investors are loading up on Apple stock, prompting retail investors to take a closer look. Apple's iPhone ecosystem is strong, and the company continues to share its success with shareholders. While there are concerns about declining sales and a high valuation, many believe Apple is still a good long-term pick.

Disney Charter Agreement Ends ESPN ABC Blackout
  • 12th Sep 2023

Disney Charter Agreement Ends ESPN ABC Blackout

Charter Communications will include Disney+ in its Spectrum TV Select offering, and ESPN+ in its Spectrum TV Plus package. The deal aims to combine traditional TV and online viewing in a mutually beneficial way. Charter's 14.7 million customers will regain access to popular Disney channels, and Disney will receive increased fees for its channels. Customers will receive more value for their money, and Charter will market Disney streaming services to its broadband-only customers.

CNBC Reports Disney and Charter Communications Dispute Settled
  • 11th Sep 2023

CNBC Reports Disney and Charter Communications Dispute Settled

Disney and Charter Communications have reached a deal to end their distribution dispute, which resulted in ESPN, ABC, and Disney Channel being pulled from Spectrum cable service. The agreement includes a discounted wholesale price for subscribers for Disney streaming services.

NFL Scores Big In Advertising Effectiveness Bowl
  • 11th Sep 2023

NFL Scores Big In Advertising Effectiveness Bowl

Super Bowl advertisers achieved significant gains in engagement and effectiveness, according to research by EDO. Advertisers spent $3.7bn on ads during the NFL regular season, which had an engagement rate 20% higher than the broadcast primetime average. During the playoffs, advertisers spent $632m, achieving an engagement rate 19% higher than the primetime average. Super Bowl LVII saw advertisers spend $757m, with an engagement rate 221% higher than the primetime average. The NFL had five of the top ten programs for TV advertising effectiveness, with Thanksgiving Day and Thursday Night Football games proving particularly impactful.

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