AT&T, Verizon and Comcast stocks just had their worst quarter in two decades

Some of the biggest telecommunications stocks just posted their steepest quarterly declines in two decades amid pressures both new and old on the cable and wireless industries. Shares of wireless companies AT&T Inc. T, -1.22% and Verizon Communications Inc. VZ, -1.73% lost 26.8% and 25.2%, respectively, during the third quarter. Those were the largest quarterly … Read more

Facebook Freeloads Off Newspapers. This Plan Might Stop It

What happened next, though, was telling: The Australian measure passed—and Google and Facebook did indeed pay up, remunerating Australian news companies for hundreds of millions of dollars. The news experiment Down Under has spurred legislatures worldwide to adopt a version of their own—an EU directive has Google forging similar agreements, most recently with France—momentum that … Read more

“We couldn’t stand each other, we was almost going blows in the back of the locker rooms”

Former NBA player and analyst Kendrick Perkins believes Russell Westbrook and Patrick Beverley can play well together, despite their past rivalry. Their squabble is known league-wide and the idea of them teaming up wasn’t something fans would have expected. During the offseason, the Lakers surprised many when they signed Patrick Beverley. While many fans are … Read more

‘Grotesque’ Russian disinfo campaign mimics Western news websites to sow dissent – POLITICO

Press play to listen to this article In Germany, news magazine Der Spiegel warned about natural gas shortages. In the United Kingdom, the Guardian, another media outlet, raised doubts about Russian war crimes in Ukraine. In Italy, Ansa, a leading news agency, criticized Kyiv’s storage of much-needed grain. These news stories were all promoted extensively … Read more

Netflix to open video game studio in Finland, looks to boost audience

Netflix gift cards are seen in a shop in Krakow, Poland on June 13, 2022. Jakub Porzycki | Nurphoto | Getty Images Netflix said Monday it will be opening an internal game studio in Finland. The development marks the company’s first of its kind since the streaming giant entered the mobile gaming space in November … Read more

Trump SPAC changes address to UPS Store as investors pull over $130 million

The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the blank-check company looking to take Trump Media and Technology Group public, has changed its listed address to a UPS Store in Miami. The change from a Miami office building … Read more

SiriusXM reportedly places former quarterback Brett Favre’s NFL show on hold

Brett Favre. Frank Muldoon | CNBC SiriusXM has put Hall of Fame quarterback Brett Favre’s NFL show on hold due to his involvement in an alleged welfare-fraud scheme in Mississippi, according to reports. Favre and nearly 40 others were sued by the Mississippi Department of Human Services in May for allegedly diverting millions of federal welfare dollars … Read more

G7 leaders condemn ‘sham’ referendums in occupied Ukraine – POLITICO

Leaders of the G7 condemned the “sham” Russian referendums being carried out in occupied Ukraine as a “phony” pretext to illegally grab territory. In a statement on Friday evening, the group of the wealthiest nations said that the votes organized by Moscow were in breach of the U.N. Charter and international law and had no … Read more

Glorifying vulgar fans further ruining the ‘NFL Experience’

While watching the NFL games on Sundays, note how many times crowd shots focus on families other than those who resemble the Addams or Manson families. Do they show a father seated with his kids enjoying their time together as well-comported fans, a family sharing popcorn and sipping soft drinks, those more likely to be … Read more

Trump merger partner Digital World falls to about $16 after hitting $97 in early 2022

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. Dado Ruvic | Reuters Shares of Digital World Acquisition Corp. fell this week as the company missed a key deadline to hold on to about $1 … Read more