Author: Anthony M. Orbison
Investing.com– News Corp (NASDAQ:) said on Monday it will sell Australian television unit Foxtel Group to British sports streaming platform DAZN Group for an enterprise value of A$3.4 billion ($2.1 billion). The sale comes as Foxtel- once a dominant player in Australia- grapples with heightened competition in the streaming era, especially from players such as Netflix (NASDAQ:). News Corp said the sale was part of the media conglomerate’s efforts to streamline its businesses and also unlock “long-term shareholder value.” The conglomerate will take a 6% stake in DAZN as part of the deal, and also hold a seat on its board…
Dogecoin (DOGE) hopes to rebound from its recent slump come 2025, as investors are eying a potential surge to a new all-time high of $1.3. Currently trading above $0.30 this weekend, the leading meme coin would need to surge almost 300% to reach such a level it never has. At press time, the asset’s current ATH is $0.7376, reached back in 2021. A surge to $1.3 is a nearly 100% increase from DOGE’s current ATH.With Musk taking charge of his DOGE department in January, Dogecoin is poised to claim new highs soon. The asset surged in the days following President-elect…
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Cruise lines sort of pick and choose which laws they follow.Because they sail from American ports, both Royal Caribbean and Carnival Cruise Line use US federal law in most cases.That’s why cruise ships ban marijuana and CBD even when it has been legally prescribed. Federal law, in that case, trumps state law making any cannabis product, including CBD sold in gas stations, or other random locations are strictly banned onboard.Related: Carnival Cruise Line explains big changes to its casino programCruise lines also use the 21-year-old drinking age for sailings leaving from North America. In theory, they could serve passengers 18…
The native token of a decentralized fiat stablecoin-issuing platform is rallying against the dipping crypto markets. Two days ago, the world’s largest crypto exchange by trading volume, Binance, added support for Usual Protocol (USUAL). “Binance is excited to announce that Usual (USUAL) will be added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.” According to a post on the social media platform X from Usual in response to the Binance listing, the team says the protocol aims to usher in a “stablecoin renaissance”. “90% for the…
Did you miss out on receiving the Recovery Rebate Credit in 2021? The IRS just announced its plans to issue the payments starting later this month to 1 million taxpayers who didn’t claim it while filing for their 2021 tax returns. “The IRS announced the special step after reviewing internal data showing many eligible taxpayers who filed a return but did not claim the credit,” the agency said in a press release. While most eligible taxpayers received their stimulus checks or credit, those who haven’t can expect to receive their 2021 Recovery Rebate Credit in late January if they didn’t…
By Gram Slattery (Reuters) – President-elect Donald Trump indicated on Sunday that he favored allowing TikTok to keep operating in the United States for at least a little while, saying he had received billions of views on the social media platform during his presidential campaign. Trump’s comments before a crowd of conservative supporters in Phoenix, Arizona, were one of the strongest signals yet that he opposes a potential exit of TikTok from the U.S. market. The U.S. Senate passed a law in April requiring TikTok’s Chinese parent company, ByteDance, to divest the app, citing national security concerns. TikTok’s owners have…
Este artículo también está disponible en español. Bitcoin has been on a correction path since it reached a new all-time high of $108,135 on December 17. Notably, this correction has seen the leading cryptocurrency decline by about 10% up until the time of writing and even breaking below $93,000 very quickly. Related Reading This notable decline has seen Bitcoin retesting the Bollinger Bands, and technical analysis suggests a bounce from here to reach a price target around $178,000. Bitcoin Retests Monthly Upper Bollinger Band Bitcoin’s recent price correction has caught the eye of crypto analyst Tony Severino, who highlighted a…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nick Candy, the new treasurer of Nigel Farage’s rightwing Reform party, has promised Britain “political disruption like we have never seen before” as he claimed to have several other billionaire backers in addition to Elon Musk. The property developer told the Financial Times that he would “raise more money than any other political party” and that Reform would have more members than the Conservative party within three months as it drew disillusioned Tory and Labour voters. “We have a number of billionaires…
Royal Caribbean, Norwegian Cruise Line, Carnival, and MSC Cruises all regularly call on Roatan, Honduras, despite the US State Dept. issuing a Level 3: Reconsider Travel advisory for the country. In fact, multiple cruise ships visit Roatan most days, and the cruise lines have not made any effort to curtail excursions that leave the walled-off port area. Passengers can leave that closed-off section on foot or take local transportation despite the travel advisory, which make the dangers in Honduras very clear.Related: US shares travel advisory on 2 more Caribbean cruise ports”Violent crime, such as homicide, armed robbery, and kidnapping, remains…