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Fox, Warner Bros., and Discovery will soon launch a streaming sports platform
Disney, Fox and Discovery Communications are planning a streaming sports service that will be available in the US this fall, CNBC reported. The service will reportedly feature multiple sports and leagues. “The launch of this new streaming sports service is a significant moment for Disney…and an important step forward for the media business,” said Disney…
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A court rejects Musk’s bid to toss the SEC settlement
Elon Musk, during a CNBC interview, said he didn’t mention Tesla going Private to the SEC because he was talking about the company and not conspiracy theories. He added that he made the comments in reference to Inigo Montoya, who was killed by a man named the thocne murderer of his father in ‘The Princess…
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The traditional TV bundle is being reinvented for the streaming era
Warner Bros Discovery Group CEO David Zaslav has said the company’s new subscription-based streaming service ‘Max’ will succeed because the company owns all the content on the merged app. “The streaming platform is a service for every member of the household,” Zaslav told CNBC. The new service, scheduled to launch in May, will have a…
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The collapse of the FTX is believed to be the last one.
US Securities and Exchange Commission head Gary Gensler said on CNBC on Thursday that while the crypto space is regulated, investors “need better protection”. Gensler said this while speaking about FTX CEO Sam Bankman-Fried. The SEC and Justice Department are looking into FTX. Bankman-Fried put up $1 billion to bail out companies and shore up…
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I Bonds offers the final chance to lock in a 10% return on savings.
The US Treasury’s web site temporarily crashed earlier this week because of great demand for US Series I savings bonds, a senior government official told CNBC. The site had gone from an average number of concurrent visitors of a few thousand to being one of the most visited website in the federal government, the official…