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...HuffPost, which was acquired by BuzzFeed in 2020, is now the group’s only digital news site. Meanwhile The Independent is the largest all-digital news publisher in the US and UK....
...It is expected to list shares on the New York Stock Exchange next week at a sharp discount to its most recent valuation as a private company of $10bn....
...The roadshow for Reddit’s closely watched public debut on the New York Stock Exchange will start on Monday, as it prepares to begin trading the following week in a tech listing that will set the tone for...
...Her new song “Texas Hold ‘Em” has soared to the top of the Billboard charts, helped by its prominence on TikTok, where users are posting hundreds of thousands of videos using the track....
...Another independent label said: “The new deal will badly impact our revenues.”...
...to his social media empire....
...The stock closed at $50.44 after trading began on Thursday at the New York Stock Exchange under the ticker RDDT, up 48 per cent from its IPO price of $34 a share....
...Shares in Donald Trump’s social media business jumped in their New York market debut on Tuesday, making the former US president’s stake worth $4.6bn....
...the social media platform might deliberately drive down its share price....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Other new series include The Penguin, based on the Batman villain, Dune: Prophecy and a spin off from Stephen King’s It....
...Some good news A new light-activated antimicrobial that kills all bugs in minutes without generating resistance has been adopted by NHS hospitals for the first time in a bid to reduce surgical infections...
...TikTok, which faces a potential ban in the US, said it had this week introduced a new creator rewards programme focused on original, high quality content....
...Koerner’s media diet speaks to the splintered, chaotic state of the conservative news ecosystem in 2024. Among rightwing media, Fox News still leads by a wide margin....
...A string of companies could follow Reddit into the US stock market in the coming months, bankers believe, after shares of the social media group leapt 48 per cent on their debut....
...The National Basketball Association is the next major sports league looking to sign a new media contract....
...Time spent planning the process, adequate severance packages and helping employees find new jobs can bring advantages for companies....
...Also, tickets are nearly sold out for the FT Alphaville pub quiz in New York in two weeks, where both of us will be hosting a session. More info here....
Endorsement is boost for billionaire activist’s struggling campaign at entertainment giant
...He pointed to research by the communications regulator Ofcom that found 5 per cent of UK adults got some of their news from The Telegraph website or app, while 10 per cent got some of their news from TikTok...
...Some of the proceeds of the IPO will go directly to Reddit through the sale of new shares....
...Netflix has been working to improve its ability to livestream, which could allow it to show a broader range of programming, from live news and awards ceremonies to stand-up comedy as well as sports....
...Time Warner employees rebelled against the new management from AOL, leaking embarrassing details to the press....
...towards the news media....
...Academics are boycotting a leading gender studies journal owned by New York-listed publisher Wiley after its editors and policies were changed in what they characterise as an “anti-woke” drive against radical...
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