Tech, Media & Telecom Roundup: Market Talk
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NHL Mock Draft 2024 roundup: Who will the Blackhawks select with the No. 2 pick?
The Blackhawks won the rights to the No. 2 pick in the 2024 NHL Draft on Tuesday, as the results of the NHL draft lottery placed them in the second spot. Shortly after Blackhawks GM Kyle Davidson reacted to receiving the pick on NBC Sports ...Yahoo Sports - Sports - NHL -
Could Ofcom ban social media for under-18s?
A quick, simple guide to the new social media rules proposed by OfcomBBC News - Top stories -
Refinery29's New Owner Plans to Cover Sports, Buy More Media Companies
Essence taps advertising executive Kirk McDonald to lead Sundial Media Group, a holding firm tasked with making more deals.The Wall Street Journal - World -
TikTok sues to block U.S. law that could lead to a ban of the popular social media app
TikTok filed a lawsuit over U.S. legislation that could ban the social media app. It says a new law demanding it sever ties with the Chinese government is unconstitutional and is a free speech issue. However, supporters of the law say it's ...CBS News - Top stories - Tiktok -
Refinery29's New Owner Plans to Cover Sports, Buy More Media Companies
Essence magazine’s parent tapped advertising executive Kirk McDonald to lead Sundial Media Group, a holding firm tasked with making more deals.The Wall Street Journal - Business -
4 realistic steps to starting a passive income side hustle: What social media may not tell you
Starting a passive income side hustle may look different in real life than on TikTok. Four experts share the time, insight and steps they took to launch their own.CNBC - Business -
Gun violence misinformation has found a new home on Chinese language social media, report says
Growing misinformation about gun violence is permeating Chinese-language social media, a new report shows.NBC News - Top stories -
New York City's watchdog agency launches probe after complaints about the NYPD's social media use
New York City’s watchdog agency says it has launched a probe into allegations that the New York City Police Department has improperly used its official social media accounts to target public officials and private citizensABC News - Tech - New York -
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Emerging market junk bonds are top performers in sovereign debt markets
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bondsFinancial Times - Business -
Lone Pine Capital Resumes Private-Market Investments
Investment firm Lone Pine Capital resumed backing private companies, more than two years after shifting its focus to publicly traded businesses.The Wall Street Journal - World -
Don't Junk New York's Legal Marijuana Market
The black market doesn’t have to triumph.The Wall Street Journal - World - New York -
Platinum Market Faces Largest Shortfall in Supply For a Decade
Primary supply of platinum, or the supply directly from producers, is expected to decline by 2% on-year to around 5.68 million troy ounces, while demand is expected to remain firm across all sectors, according to a new report by Johnson Matthey.The Wall Street Journal - World -
Tech Tip: How to Spot a Deepfake Image
All kinds of fabricated images populate the internet as AI spurs creativity and disinformation. Here's how to detect sophisticated digital manipulations.Inc. - Business -
SXSW entertainment and tech festival to expand to London in 2025
Popular entertainment and tech festival South By Southwest will expand to London in June 2025, growing the influential brand's reach internationally.Los Angeles Times - Entertainment -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street's winning streak may come to an end Wednesday.CNBC - Business -
Are There Enough Fans for the N.H.L.’s Smallest Market to Keep Its Team?
The Winnipeg Jets’ season was clouded by dwindling attendance and concerning comments made by ownership about the franchise’s future.The New York Times - Sports -
LSU coach Brian Kelly: 'We're not in the market of buying players'
Kelly said LSU hasn't "fared very well" in its attempts to add transfer defensive linemen.Yahoo Sports - Sports -
Interpreting LSU coach Brian Kelly's declaration that Tigers are 'not in the market of buying players'
After failing to add a difference-making DT in the spring portal window, Kelly said that "if you just want to get paid, this is not the place for you."CBS Sports - Sports -
AstraZeneca pulls its COVID-19 vaccine from the European market
The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulledABC News - Health - Covid -
AstraZeneca withdraws its COVID-19 vaccine from global market
AstraZeneca is withdrawing its COVID-19 vaccine from the market because of low demand, the drugmaker said Wednesday. The shot, which was never authorized in the U.S., was widely used across the world in the early part of the global vaccine drive. ...The Hill - Politics - Covid -
Stock-market crash fears are fading, according to options traders
As U.S. stocks have rebound from last month’s selloff, options traders aren’t buying as many contracts that would pay off if the market were to crash.MarketWatch - Business -
Home prices keep climbing nationally, but they’re falling in these 15 markets
Home prices see growth in 93% of U.S. metropolitan areas despite ‘highest mortgage rates in two decades,’ National Association of Realtors says says.MarketWatch - Business -
AppLovin’s stock rallies as earnings highlight improvements in app ad market
Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.MarketWatch - Business -
Brookfield Sees 'Stable' Markets Driving Both Investments and Asset Sales
The Canadian infrastructure-focused asset manager has invested $11 billion during this year’s first quarter.The Wall Street Journal - World -
China’s BYD and Neta target Indonesia market with EV investments
Automakers plan local operations to break into market dominated by Japanese playersFinancial Times - World - China -
Overwolf acquires NitroPay in 8-figure deal to boost ad tech offering
Gaming UGC and monetization platform Overwolf has acquired NitroPay to boost its ad tech offering and double its monthly ad traffic.VentureBeat - Tech -
To Survive in China, Global Automakers Tap Local Tech Giants
A host of global automakers are increasingly turning to Chinese tech giants in a bid to claw back market share in one of the world’s largest—and fastest-changing—auto markets.The Wall Street Journal - Business - China -
Russo Brothers’ AGBO launches innovation department for tech creativity
AGBO, the media company founded by the Russo Brothers, has launched its Innovation Department to propel tech-enabled creativity.VentureBeat - Tech -
Livestream Shopping Dodges High-Tech Tools to Stop Fake Merch
Real-time transactions let sellers and shoppers get around many of the blocks on counterfeit goods.Inc. - Business -
Nikkei Falls, Weighed by Semiconductor-, Electronics-Related Names
The Nikkei fell 0.3%, reversing earlier gains, weighed down by losses among semiconductor- and electronics-related stocks.The Wall Street Journal - World -
China’s exports return to grow as Beijing prioritises high-tech manufacturing
Xi Jinping’s trade and industrial policy has drawn accusations of dumping from the US and EuropeFinancial Times - World - China