Author: Anthony M. Orbison

Tony Vinciquerra, the TV industry veteran who revived Sony Pictures Entertainment and established it as an “arms dealer” to streaming services, will step down as chair and chief executive of the group early next year. Vinciquerra, 70, who joined Sony in 2017, sold off most of Sony’s international cable TV assets as consumers “cut the cord” and signed up for streaming services. He also decided against launching a streaming service, opting instead to license Sony-produced shows such as The Crown and Better Call Saul. The strategy kept Sony Pictures profitable. Ravi Ahuja, 53, a former Disney and Fox executive who…

While anyone who has ever tried to book a flight at the last minute has also had a chance to see how demand will affect the cost of the ticket, the strategy of “dynamic pricing” is now being talked about more openly by airlines — at least when it comes to loyalty miles and perks.American Airlines  (AAL)  recently added route demand to determine the number of miles it will take for a free flight through its AAdvantage loyalty program while JetBlue Airways  (JBLU)  added peak pricing to its rules for check-in bags (those traveling during peak dates need to pay…

Lebanon is back in the headlines as the conflict in the Middle East intensifies. Before these latest developments, Lebanon had already become a symbol of how quickly a seemingly stable society can descend into chaos. If you follow major events in the global economy, you’ll probably recall that Lebanon’s recent past serves as a vivid example of what a full-blown currency collapse looks like in a modern, advanced economy. While there are some great books that describe hyperinflation in detached, academic terms, what’s often missing is the human story – what it’s actually like to be a normal, productive person…

Arkansas sued YouTube and parent company Alphabet on Monday, saying the video-sharing platform is made deliberately addictive and fueling a mental health crisis among youth in the state. Attorney General Tim Griffin’s office filed the lawsuit in state court, accusing them of violating the state’s deceptive trade practices and public nuisance laws. The lawsuit claims the site is addictive and has resulted in the state spending millions on expanded mental health and other services for young people. “YouTube amplifies harmful material, doses users with dopamine hits, and drives youth engagement and advertising revenue,” the lawsuit said. “As a result, youth…

By Maria Alejandra Cardona and Marco Bello BAT (LON:) CAVE, North Carolina (Reuters) -Crews on Monday airlifted emergency food and water into remote North Carolina towns that were cut off and devastated by tropical storm Helene that turned the western part of the state into a “post apocalyptic” landscape. Helene was a hurricane when it slammed into the Florida Gulf coast on Thursday, tearing a destructive path through southeastern states for days on end, ripping up roads, tossing homes about and severing lines of communication. In its wake, hundreds of people were unaccounted for and many feared dead. The storm…

Follow Aaron on Nostr or X. It’s difficult to find a more fundamental threat to Bitcoin’s continued existence than mining centralization. If —say— there are only a few mining pools, there is a very real possibility that these organizations face regulatory pressure of the kind that exchanges have also had to deal with: they could be forced to only include KYC’ed transactions into blocks. Since censorship resistance is arguably its core value proposition, I seriously doubt that Bitcoin would, in this scenario, have much long-term viability at all.To that end, it was great to see Ocean launch DATUM (Decentralized Alternative…

ismagilov/Getty, Yellow duck/Getty, Tyler Le/BIInvestors should snap up value stocks in three specific sectors, Bank of America said.The firm says they’re poised to outperform as the Fed cuts rates while corporate profits are still accelerating.US stock-strategy chief Savita Subramanian refers to the situation as a “rare double whammy of stimulus.”The Federal Reserve doesn’t usually cut rates while corporate profits are still growing. But that’s the situation we’re seeing now, which Bank of America sees creating a unique opportunity for investors.Savita Subramanian, BofA’s head of US equity and strategy, described the situation as a “rare double whammy of stimulus.” And in…

In December 2020, the New River Gorge National Park and Preserve near Fayetteville, West Virginia became America’s newest national park.Established by the U.S. Congress and maintained by the National Park Service, the nation’s 63 national parks are protected areas with national significance, representing diverse ecosystems with exceptional natural beauty. They have been set aside for everyone to enjoy, and they are subject to different rules and regulations than other types of public land. National parks encompass all types of terrain, including mountains, valleys, deserts, wilderness — even volcanoes. And while you may already be familiar with some of the country’s most popular…

To abolish concerns about its transparency, Coinbase plans to add verifiable proof of reserves to its new Bitcoin Wrapper cbBTC. The Coinbase team confirmed the news on Monday, with the PoR allowing cbBTC to rival other Bitcoin wrappers such as Wrapped Bitcoin (WBTC) and 21.co Wrapped Bitcoin (21BTC). The exchange has been working on the verifiable PoR for some time, and it is now one step closer to becoming a reality.“With cbBTC, we’ve planned PoR since the early days and the team is hard at work building it,” Lukas Staniszewski, a product manager at Coinbase, said in a Sept. 23…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HousePresident Joe Biden has accused Donald Trump of “lying” over the White House’s response to Hurricane Helene, a storm that ripped through the south-eastern US, killing more than 100 people, with about 600 still missing.The devastation, including widespread flooding and property damage, hit with little more than a month until the US presidential election pitting Trump against Kamala Harris, the Democratic vice-president, affecting North Carolina and Georgia, two battleground states. The Biden administration and local officials have struggled to…