Nexstar Media Group the nation’s biggest owner of local television stations, is close to a deal to acquire majority control of the CW Network from co-owners Warner Bros. Discovery and Paramount Global according to people familiar with the matter. Under the terms being discussed, Nexstar would acquire 75% of the CW, a broadcast network aimed … Read more
Nexstar Media Group the nation’s biggest owner of local television stations, is close to a deal to acquire majority control of the CW Network from co-owners Warner Bros. Discovery and Paramount Global according to people familiar with the matter. Under the terms being discussed, Nexstar would acquire 75% of the CW, a broadcast network aimed … Read more
Remember how the banking system self-destructs every few decades? Now imagine if banks only lent money to finance other banks, and you may get a notion of the house of cards that is “decentralized finance,” or DeFi. Cryptocurrencies keep nosediving, with bitcoin hovering around $20,000 for the first time since 2020. The chaos has spread … Read more
Macmillan, one of the largest book publishers in the U.S., said it has been hit by a cyberattack, and book retailers nationwide said they were unable to place new orders from the publisher. Macmillan “recently experienced a security incident, which involves the encryption of certain files on our network,” the publisher said Wednesday. “As a … Read more
Text size Amazon has created what is arguably one of the world’s best growth businesses. Thomas Samson/AFP via Getty Images Amazon Web Services just might be the most valuable business on Earth. And the most undervalued. Clearly, the optimistic view of the long-term potential of AWS isn’t reflected in the current valuation for Amazon.com stock … Read more
