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...“If certain TV series have to persist in presenting stories in a ‘western-centric’ way, that won’t escape the eyes of [our] audiences,” the Chinese Communist party tabloid Global Times said this week....
...The Independent, the British media group, is in talks to take control of the operations of BuzzFeed and HuffPost UK, as it seeks to build scale in a tougher climate for advertising revenues....
...But NYSE has quietly carved out a niche hosting social media groups. Its pitch to encourage Reddit to choose the so-called big board included a substantial marketing package....
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory, as they battle for control over the future of entertainment....
...Some of the most influential independent record groups — Beggars Group, the company behind Vampire Weekend and Adele; Secretly, which houses acts including Phoebe Bridgers and Bon Iver; and Partisan Records...
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
...The move comes after Paramount’s board spurned a bid from Apollo to buy out all of the media group’s shareholders at a valuation of between $17 and $19.50 a share, according to people briefed on the matter...
...Trump Media & Technology Group, the company behind his Truth Social platform, rose as high as $79.38 a share from the previous day’s price of $49.95, before closing up 16 per cent at $57.99....
...The stand-off is among the most heated clashes between tech giants and media groups in recent memory....
...He became $4.6bn richer on Tuesday, at least on paper, when his shares in its parent Trump Media & Technology Group rose sharply as it went public under the stock ticker DJT....
...During its roadshow, Reddit said it planned to diversify its revenues, for example adding ecommerce features and selling its data to AI groups....
...Harrison said on social media platform X: “Blaming the OBR for forecast errors is like blaming the Met Office — that’s why they’re forecasts.”...
...Still, US investors can’t escape China’s impact. The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...He dismisses speculation about “artificial general intelligence” reaching so-called singularity — where computers reach self-consciousness and escape our control — as unknowable....
...Perrette said that the group was “way ahead of what we thought we’d do” in driving profits from its streaming platform. WBD will also start to crack down on password sharing among its existing users....
...The big music companies earn billions of dollars a year through royalty payments from streaming services and social media sites including Spotify, Apple and Meta....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...Netflix has agreed a $5bn deal to screen World Wrestling Entertainment’s flagship Raw programme in the US over the next decade, in the group’s biggest foray so far into streaming live events....
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
...Run by the Department for Digital, Culture, Media and Sport and with an annual capital budget of £330,000, the GAC plans to spend a low five-figure sum during the event, though this could be on a series...
...In the US, multinational tech group Oracle has been given powers to audit TikTok’s algorithm and content moderation models to ensure they are not manipulated, the company added....
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...The meeting was broadcast to employees worldwide but closed to the media....
...Before meeting Musk, the president, who has expressed a spiritual interest in Judaism, travelled to Miami, where he was honoured as “an international ambassador of light” by a Jewish community group for...
...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....
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