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Thread: Business news 2019

  1. #71
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    Another CEO has lost his job -- and in this case we can quote a Warner Bros. cartoon character: "Th-th-that's all, folks!"

    Kevin Tsujihara out as Warner Bros. chief amid sexual impropriety scandal

    https://variety.com/2019/biz/news/ke...ty-1203165653/

  2. #72
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    As many as 50,000,000 songs uploaded to Myspace have apparently been lost. The "space" in Myspace is now a whole lot bigger!

    Myspace apologizes after losing 12 years' worth of music

    https://www-m.cnn.com/2019/03/18/us/...cli/index.html

  3. #73
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    Of course, because young people don't have nearly enough ways to waste thousands of hours online.

    Google announces its plan to upend the $140 billion video game industry
    The company showed off a new streaming service called Stadia that allows people to play high-end games without purchasing expensive consoles or computers.

    https://www.nbcnews.com/tech/video-g...dustry-n984991

  4. #74
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    It's official now. The new Fox Corporation (symbol: FOXA) retains its television network and its national sports, news and business channels. Disney now owns almost all other Fox assets but still has to divest itself of the 22 regional Fox Sports channels because the company already owns ESPN. Disney is hopeful of getting as much as $20 billion from a sale. Disney may wind up hoping for a long time.

    Disney closes $71 billion deal with Fox

    https://www.cnn.com/2019/03/19/media...ger/index.html

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