Media & Telecom
LATEST NEWS FROM MEDIA & TELECOM
Media & Telecom
NBCUniversal names Christopher Halpin as CFO ahead of spinoff from Comcast
NBCUniversal on Thursday named outsider Christopher Halpin as its next finance chief as it prepares to separate from Comcast's cable and broadband business into a standalone publ...
Media & Telecom
Musk's America PAC plans $100 million-plus effort to boost Republican turnout, NYT reports
Elon Musk’s pro-Trump political group is planning to spend up to $120 million to turn out Republican voters in the November congressional elections, the New York Times reported on...
Media & Telecom
Live Nation beats quarterly revenue estimates on resilient concert demand
Ticketmaster-parent Live Nation Entertainment beat analysts' estimates for quarterly revenue on Thursday, driven by global demand for live events and concerts across different ve...
Media & Telecom
Reddit flags volatile search referrals as US user growth slows
Reddit said on Thursday that choppy search-engine traffic affected U.S. user growth in the second quarter, overshadowing an upbeat revenue forecast and sending its shares down abo...
Media & Telecom
Universal Music Group revenue rises 13.3% on streaming prices
Universal Music Group reported second-quarter revenue of 3.29 billion euros ($3.79 billion) on Thursday, up 13.3% year-on-year at constant exchange rates, helped by the consolida...
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India summons Meta executives over briefly restricted Modi Facebook post
India has summoned executives from U.S. tech giant Meta , a senior official said on Thursday, after its Facebook platform briefly restricted a post by Prime Minister Narendra Mod...
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Venice chief blames Hollywood woes, not festival, for studio absence
Venice Film Festival director Alberto Barbera defended on Thursday this year's lineup, saying the absence of major Hollywood studios and the scarcity of women directors reflect wi...
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Chinese state media showcase wider deployment of closely watched anti-ship missile
China's state media has hinted at the wider deployment of one of its most closely watched weapons, the YJ-20 hypersonic anti-ship missile.
Media & Telecom
South Korea fines KT Corp $37.4 million for personal data leak, panel says
South Korea's Personal Information Protection Commission has fined telecoms company KT Corp 54 billion won ($37.43 million) for a leak of customer personal information, the comm...
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BTS boycott Grammys over new Asian pop award category
K-pop group BTS said on Wednesday they will not submit any music for consideration at the 69th Annual Grammy Awards in February 2027, citing dissatisfaction with the academy's new...
Media & Telecom
SpaceX gets $1.6 billion US Space Force order for 18 Falcon 9 launches
SpaceX won $1.6 billion in orders from the U.S. Space Force on Wednesday to launch 18 Falcon 9 missions through 2027 carrying Pentagon satellites for detecting and targeting airbo...
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French media regulator issues €200,000 fine against CNews for on-air remarks about immigration, culture
French media regulator Arcom said on Wednesday it had issued a €200,000 fine against CNews for comments made about people who were Muslim and the descendants of immigrants.
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Explainer: What does Infantino's proposal to sell stakes in FIFA subsidiary entail?
FIFA plans to create a $20 billion subsidiary to run the World Cup and its other events, offering stakes of up to 20% in FIFA Forward Enterprise to external investors, in a heavily...
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US House Democrat asks Musk to answer for polluting xAI data centers
U.S. Representative Frank Pallone, the top Democrat on the House Energy and Commerce Committee, on Wednesday demanded documents and answers from Elon Musk about the environmental...
Media & Telecom
X, World Federation of Advertisers settle litigation over GARM dispute
SpaceX's X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to t...
Media & Telecom
Russia jails journalist for 12 years on treason charge
Russian journalist Darya Shipacheva was convicted of treason by a Moscow court and sentenced on Wednesday to 12 years in a penal colony, the Interfax news agency reported.
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Oscar-winning Irish musician Glen Hansard dies in motorcycle crash
Irish musician Glen Hansard, who won a Best Original Song Oscar in 2008 for the indie film "Once" and was lead singer for rock group The Frames, died in a motorcycle crash at the ...
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US commander warns troops their videos help Iran, sources say
The top U.S. commander for the Middle East has warned troops that cellphone videos shared online can help Iran target American bases, and sources told Reuters some deployed person...
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