DIRS.INFO The most relevant business & tech news

☆ Jack Dorsey said Twitter's board 'has always been a problem' and that he plotted his exit from the firm because of its activist investor
▼ + stars: | 2024-05-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Jack Dorsey said Twitter's board — and its activist investor — prompted him to plan an exit from the firm. "I was happy to see it end," Dorsey said of the board when Elon Musk took Twitter private. AdvertisementDorsey told Solana that earlier on, he'd tried to bring Musk onto Twitter's board but was stopped twice. In April 2022, Musk joined Twitter's board of directors after taking a 9.2% stake in the company. But Dorsey said he was also unhappy with the board because of an activist investor seeking to boot him, he said.

Persons: Jack Dorsey, —, Dorsey, Elon Musk, Mike Solana, Parag Agrawal, Solana, he'd, Musk, Paul Singer, Elliot Management's, It's, Dorsey didn't, Bluesky, Donald Trump, Nick Fuentes Organizations: Elon, Twitter, Service, Fund, Elliott Management

☆ Japan stocks lead gains in Asia markets as renewed rate cut hopes lift sentiment
▼ + stars: | 2024-05-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty ImagesJapan led gains in Asia-Pacific markets on Friday after stronger-than-expected, year-on-year consumer spending data, and as renewed rate cut hopes by the U.S. Federal Reserve bolster market sentiment. Japan's overall household spending in March fell 1.2% year on year, less than the 2.4% expected by a Reuters poll of economists. However, on a month-on-month basis, household spending rose 1.2%, compared with estimates of a 0.3% drop. Should the index reach the futures level, it would be its highest in about nine months.

Persons: Cherry, Kospi Organizations: Nippon Budokan, Bloomberg, Getty Images Japan, U.S . Federal Reserve, Nikkei Locations: Tokyo, Japan, Asia, Pacific

☆ European companies in China are under pressure from slower growth, overcapacity
▼ + stars: | 2024-05-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — European companies in China are finding it harder to make money in the country as growth slows and overcapacity pressures increase, according to a survey released Friday by the EU Chamber of Commerce in China. Only 30% of EU Chamber survey respondents said their profit margins were higher in China than their company's worldwide average — an eight-year low. Jens Eskelund EU Chamber of Commerce in China, presidentChina's economy is now far bigger than it was in 2015 and 2016. More than one-third of EU Chamber survey respondents said they observed overcapacity in their industry in the last year, and another 10% expect to see it in the near future. "This is not just European companies whining," Eskelund said.

Persons: Carlo D'Andrea, D'Andrea, Jens Eskelund, Eskelund, overcapacity Organizations: Nurphoto, Getty, EU Chamber of Commerce, EU, of Commerce, U.S, Bureau, Statistics, Cosmetics Locations: Minhou County, Fuzhou, China, BEIJING, Shanghai, Beijing

☆ I've been living in Spain for 12 years. I've stopped dating locals because too much gets lost in translation.
▼ + stars: | 2024-05-10 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +4 min

"Say something to me in Spanish," said my date in the small Catalan city where I've lived since 2016. It's an inevitable part of the first date scenario I've come to hate while dating in Spain. Navigating the apps with my level of Spanish is easy, and I can even manage whole dates. But it wasn't the first time I've been mocked for speaking Spanish in a supposedly romantic context. Debating something complex in Spanish is beyond my language level, but I also know I'll sound rude if I disagree using the blunt language tools I do have.

Persons: I've, It's, I'm, it's, I'd, There's, Nate Young, Marie Sklodowska, Young, Queen Mary , Organizations: Curie, University of Oslo, Queen Mary, Queen Mary , University of London Locations: Spain, Madrid, Barcelona, Mexican, Queen

☆ Europe markets set to open higher; UK exits recession
▼ + stars: | 2024-05-10 | by ( Sophie Kiderlin | ) www.cnbc.com time to read: 1 min

European markets were set to open higher on Friday as positive momentum continued into the end of the week. The U.K. economy emerged from a recession, first-quarter gross domestic product data released Friday showed. GDP rose 0.6% on the previous three months — above the 0.4% estimate. The U.K. had entered a shallow recession in the second half of 2023. Investors also looked to the final earnings releases of the week, which include airline holding company IAG and investment bank Mediobanca .

Organizations: Investors Locations: U.K

☆ ‘La Chimera’: Alice Rohrwacher and Isabella Rossellini discuss their intoxicating tale of Italy’s tomb raiders
▼ + stars: | 2024-05-10 | by ( Thomas Page | ) edition.cnn.com time to read: +8 min

CNN —In Alice Rohrwacher’s latest movie, the gently hypnotic “La Chimera,” a rakish Josh O’Connor navigates the Italian countryside with a dowsing rod in hand, searching for ancient treasure. “My job is very close to what an archaeologist does: giving meaning to things that happened in the past.”A still from "La Chimera," which was shot on three types of film stock. To approach “La Chimera” with dense history and sharp facts threatens to tear at its ethereal qualities — a hallmark of Rohrwacher’s filmmaking. Isabella Rossellini as Senora Flora in "La Chimera." “La Chimera” is released in UK cinemas on May 10 and is available to stream in the US.

Persons: Alice Rohrwacher’s, Josh O’Connor, Arthur, –, there’s, O’Connor, “, Rohrwacher, I’ve, ” Rohrwacher, ”, Curzon, tombaroli, O’Connor’s Arthur, he’s, Eurydice, Isabella Rossellini, Flora, Alice, ‘, ’ ”, Rossellini, Roberto Rossellini, Ingrid Bergman, ” “, Josh O'Connor, Virgil, Senora Flora, Ad, Federico, Fellini, Paolo, Pasolini, “ Paisan ”, ” “ Alice, it’s Organizations: CNN, “, Carabinieri, UNESCO Locations: Etruria, Tuscany, New York State, British, Italy, Rome, Open, Italian

☆ Opinion | This Is a Very Weird Moment in the History of Drug Laws
▼ + stars: | 2024-05-10 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

Drug policy feels very unsettled right now. The war on drugs was a failure. But so far, the war on the war on drugs hasn’t entirely been a success, either. But then there was a surge in overdoses and public backlash over open-air drug use. And last month, Oregon’s governor signed a law restoring criminal penalties for drug possession, ending that short-lived experiment.

Persons: —, Oregon’s, “, Ezra Klein Organizations: Apple, Spotify, Amazon Music, YouTube Locations: Oregon

☆ He left his desk job in the US to run a food stall in Hong Kong. He earns more now — but plans to walk away from it soon.
▼ + stars: | 2024-05-10 | by ( Faye Bradley | ) www.businessinsider.com time to read: +9 min

Toby To Yan Choi left his accounting job in California to help his father run a food stall in Hong Kong. Dai pai dongs — Hong Kong's open-air stalls serving food with a no-frills approach — are disappearing. The number of dai pai dongs in all of Hong Kong has dwindled to just over 20, according to the Hong Kong Tourism Board. The braised white pepper pork hock is one of the signature dishes at Dai Lee Dai Pai Dong. AdvertisementHe's gotten married since moving to Hong Kong and plans to move back to the US if he and his wife have kids.

Persons: Toby, Yan Choi, Dai pai dongs, —, Santa Barbara, Choi, Dai Lee Dai Pai Dong, pai, Hong Kong, He's, Hong Kong Dai pai dongs, Hong, sizzling woks, Agnes Chee Yan, Wei, pai dongs, Tiffany Leung, Faye Bradley, wasn't, Shawn Cai, Law Chun Chuen, Dai Lee Dai Pai, Yan Choi There's, they've, Tony Lee, Mok Wah Ho, Ales, Yan Choi He's, Betty Richardson, dongs, Chee, I'm Organizations: Service, University of California, Kong's, Hong Kong Tourism Board, China Morning Post, Young Locations: California, Hong Kong, Santa, Hong, Sham Shui, Sham, China, Shanghai

☆ Opinion | After College Presidents, Republicans Are Coming for Liberal Donors
▼ + stars: | 2024-05-10 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

In a letter to Attorney General Merrick Garland this week, the Republican senator Josh Hawley demanded a federal investigation into dark money groups subsidizing “pro-terrorist student organizations” holding anti-Israel protests on college campuses. He cited Politico reporting linking big liberal philanthropies to some pro-Palestinian organizers. Open Society Foundations, for example, founded by the oft-demonized George Soros, has given grants to the anti-Zionist Jewish Voice for Peace, which has an active university presence. That’s one reason I fear that the backlash to the pro-Palestinian campus movement — which includes lawsuits, hearings and legislation — could help Republicans wage war on progressive nonprofits more broadly. If they do, the right would be following a well-worn authoritarian playbook.

Persons: General Merrick Garland, Josh Hawley, George Soros, Hawley, “, Garland, Donald Trump, Trump, Rachel Kleinfeld, Kleinfeld, it’s Organizations: Politico, Society, Jewish Voice, Soros, Carnegie Endowment, International, Service, Carnegie Locations: Israel, Hungary

☆ The next union organizing wave is at Apple
▼ + stars: | 2024-05-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Apple store workers in Towson, Maryland, made history in June 2022 when they voted to form the first union at one of the tech giant’s sleek US stores. But the union vote in New Jersey this weekend, along with other efforts across the country, could just be the beginning. The Apple workers (possibly) going on strike is going to be a spark for other workers,” Bronfenbrenner said. Workers at the Towson Town Center Apple hold their new union T-shirts after their store employees decided to join the International Association of Machinists Union. Theirs is the first Apple store in the US to vote for union representation.

Persons: Apple, ” Kate Bronfenbrenner, ” Bronfenbrenner, Jay Wadleigh, Barbara Haddock Taylor, Bronfenbrenner, There’s, “, ”, Catherine Thorbecke Organizations: New, New York CNN, Apple, Big Tech, US, Employees, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations, Oklahoma City, Towson, CNN, Maryland Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, Workers, Towson Town Center Apple, Baltimore Sun, Tribune, Service, Getty Images, Google, Union, NLRB, World Trade, US Labor Board Locations: New York, Washington, China, Towson , Maryland, Baltimore, Maryland, New Jersey, New York City, United States, International Association of Machinists Union, Short Hills, Atlanta, Cupertino , California

☆ Citing Safety, New York Moves Mentally Ill People Out of the Subway
▼ + stars: | 2024-05-10 | by ( Ana Ley | ) www.nytimes.com time to read: +1 min

Inside a subway station in Lower Manhattan, a group of police officers slowly followed a disheveled man in a soiled gray sweatshirt who was stammering and thrashing his arms wildly. He thumped his chest with an open palm and then, growing exasperated, sat down on a staircase. “Come on,” one officer, Heather Cicinnati, said as the man stumbled forward, disoriented and agitated. “We’ve got to leave the station.”The police officers were part of a team led by a medical worker whose job is to move — by force, if needed — mentally ill people, who are often homeless, out of New York City’s transit system. On that brisk March morning, the team handcuffed him and dragged him out of the subway station.

Persons: ”, Heather Cicinnati, “ We’ve Locations: Lower Manhattan, New York

☆ Asia markets mixed ahead of China trade data and Japan pay figures
▼ + stars: | 2024-05-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Yaorusheng | Moment | Getty ImagesAsia-Pacific markets were mixed ahead of China's April trade data, as well as pay statistics from Japan. Economists polled by Reuters are expecting a 1.5% rise in China's exports, a reversal from the 7.5% fall in March. Imports are also expected to grow 4.8% year-on-year in April, compared with a 1.9% fall in March. Separately, investors will assess pay statistics from Japan as they look for any signs of the "virtuous cycle" of increasing wages and prices envisioned by the Bank of Japan. Futures for Hong Kong's Hang Seng index stood at 18,277, pointing to a weaker open compared to the HSI's close of 18,313.86.

Persons: Korea's Kospi Organizations: Reuters, Bank of Japan, Japan's Nikkei Locations: Shanghai, Asia, Pacific, Japan

☆ This is my third Mother's Day since divorce. I get no surprises or days off, but time with my son is everything I want.
▼ + stars: | 2024-05-09 | by ( Heidi Borst | ) www.businessinsider.com time to read: +3 min

When I was married, Mother's Day was a much-needed break from parenting responsibilities. I still cherish the mug he gave me on my last pre-divorce Mother's Day. But I'd be lying if I said that celebrating Mother's Day as a single mom hasn't been a difficult, and sometimes lonely, transition. "After all, you deserve compassion on this day most of all, and it's a wonderful gift to yourself on Mother's Day." Nassar said spending the day with others can help make Mother's Day as a single mom easier.

Persons: Mother's, hasn't, I'm, I'd, Carl Nassar, it's, I've, Nassar, brunch Organizations: Service

☆ European markets head for higher open; BoE rate decision ahead
▼ + stars: | 2024-05-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a higher open Thursday, maintaining positive momentum in a busy week of earnings. Ferrovial, Telefonica, EDP, Enel, Pirelli and Salvatore Ferragamo are all due to report today. Elsewhere, the Bank of England is set to publish its latest interest rate decision Thursday. China stocks rose overnight as its imports surged past estimates and exports rose in line with expectations, while the broader Asia-Pacific market was mixed. Meanwhile, futures linked to the Dow Jones Industrial Average hovered near the flatline Wednesday evening after the 30-stock index posted its sixth consecutive winning day.

Persons: Salvatore Ferragamo, it's Organizations: Ferrovial, Telefonica, EDP, Enel, Pirelli, Bank of England, Dow Jones Locations: China, Asia, Pacific

☆ Dine and dash: A couple admitted to running out on more than $1,400 in restaurant bills over 10 months
▼ + stars: | 2024-05-09 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A UK couple confessed to multiple 'dine and dash' offenses, accruing over $1,400 in unpaid bills. 'Dine and dash' offenses are on the increase in the UK, a police official said. AdvertisementA couple from the UK admitted to committing several "dine and dash" offenses, running up unpaid bills worth more than $1,400, according to multiple reports. Bernard McDonagh, 41, and his 39-year-old wife Ann, of Port Talbot, pleaded guilty on Wednesday to failing to pay restaurant bills, the BBC reported. Between August last year and April, the couple ran up vast bills at four restaurants, as well as a Chinese takeout.

Persons: —, Bernard McDonagh, Ann, Ciao, Bella Ciao, Shirley Xue, Donna Jones, MailOnline Organizations: Service, BBC, Fortune, Golden Fortune, Telegraph Locations: Port Talbot, Swansea

☆ Treasury launches ‘Project Fortress,’ an alliance with banks against hackers
▼ + stars: | 2024-05-09 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

The new public-private partnership, dubbed Project Fortress, underscores the real danger US officials and bank executives believe cyberattacks pose to the economy. But Project Fortress is not just about playing defense. Project Fortress has been in the works for several months, with Treasury rolling out various parts of the alliance in pieces, the source said. One of the key elements of Project Fortress is the cyber hygiene tool run by the Cybersecurity and Infrastructure Security Agency (CISA). The federal government has recently flexed its offensive capabilities, including ones that are part of Project Fortress.

Persons: Wally Adeyemo, Janet Yellen, Adeyemo, Jamie Dimon, Brian Moynihan, Jane Fraser, Robin Vince, ” Vince, Vince, Jerome Powell, ” Adeyemo, Sean Lyngaas Organizations: New, New York CNN, Treasury, CNN, Bank Policy, JPMorgan Chase, Bank of America, Citigroup, BNY, Washington, Industrial, Commercial Bank of China, Infrastructure Security Agency, JPMorgan Locations: New York, Washington

☆ Jack Dorsey Explains Why He Left Bluesky
▼ + stars: | 2024-05-09 | by ( Peter Kafka | ) www.businessinsider.com time to read: +1 min

Twitter cofounder Jack Dorsey helped found Bluesky as a Twitter alternative. But Dorsey says he left Bluesky because it was "literally repeating all the mistakes" Twitter made. AdvertisementWhy did Twitter cofounder Jack Dorsey leave Bluesky, the Twitter alternative he helped create? Because — in Dorsey's telling, at least — Bluesky was "literally repeating all the mistakes [Twitter] made as a company." And later on, when Dorsey got frustrated while running the for-profit version of Twitter, he imagined that Twitter could help start an independent, open-source protocol version of itself — Bluesky.

Persons: Jack Dorsey, Dorsey, —, Bluesky, Mike Solana Organizations: Twitter, Service Locations: Dorsey's

☆ Huawei's new phone uses more China-made parts, memory chip
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +2 min

Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency. Huawei's latest high-end phone features more Chinese suppliers, including a new flash memory storage chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making towards technology self-sufficiency. Online tech repair company iFixit and consultancy TechSearch International examined the inside of Huawei Technologies' Pura 70 Pro for Reuters, finding a NAND memory chip they said was likely packaged by the Chinese telecoms equipment maker's in-house chip unit HiSilicon and several other components made by Chinese suppliers. Huawei's resurgence in the high-end smartphone market after four years of U.S. sanctions is being widely watched by both rivals and U.S. politicians as it has become a symbol of growing U.S.-China trade frictions and China's bid for technology self-sufficiency. Huawei launched the Pura 70's four smartphone models in late April and the series quickly sold out.

Persons: Huawei's, Shahram Mokhtari, Mokhtari Organizations: TechSearch International, Huawei Technologies, Pura, Pro, Reuters, Huawei, Kirin, Apple Locations: China, U.S, Washington

☆ Stock market today: Indexes mixed as jobless claims jump to highest since August
▼ + stars: | 2024-05-09 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

Initial claims climbed to 231,000 last week, marking the highest level since August. A handful of disappointing earnings results have come at the tail end of an otherwise upbeat season. AdvertisementMajor stock indexes were mixed on Thursday as traders mulled a fresh job report that showed the labor market cooling. A handful of disappointing earnings reports have capped off what's otherwise been a fairly upbeat earnings season. Markets will be tuned into more Fed speakers Thursday and Friday.

Persons: Stocks, —, Mary Daly, Michelle Bowman Organizations: Service, Federal Reserve, Treasury, Labor Department, Dow Jones, Warner Bros, San Francisco Fed, Dow, Nasdaq Locations: Here's

☆ The US can do one big thing to weaken the dollar and put pressure on China
▼ + stars: | 2024-05-09 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The US could use a simple tool to strategically weaken the US dollar for economic gains. A reduction in the federal deficit would help tame inflation and weaken the US dollar. AdvertisementThat's why a weakening US dollar is music to the ears of American corporations, trade partners, and policymakers. That agreement devalued the US dollar, stabilized trade with Japan, and helped reduce the US trade deficit. A balanced Federal budget would help them achieve that scenario without putting the economy at risk.

Persons: —, It's, isn't, Donald Trump Organizations: Service, Swiss, America's, China, Accord Locations: Europe, China, Japan, Asia

☆ Asia heatwave: Record temperatures cancel classes, widening learning gaps across Southeast Asia
▼ + stars: | 2024-05-09 | by ( Heather Chen | Kathleen Magramo | ) edition.cnn.com time to read: +8 min

His class of 43 students pass around mini hand-held fans during lessons on most days to keep cool. More than 33 million children were impacted as a result of the heatwave, according to groups like Save the Children and UNICEF. The worst hit were poor children in rural areas whose families couldn’t afford devices like laptops and tablets to facilitate remote learning, UNICEF says. “We don’t allow children outside when temperatures get too hot,” said Bong Samreth, who teaches at a public school in Phnom Penh. Loose, lightweight and light colored clothing was also advised for students to protect them from sunburns and heat exposure.

Persons: Seila, ”, “, —, Sheldon Yett, ” Yett, Bong Samreth, Ezra Acayan, Benjo Basas, Basas, Mirasol, Hang Chuon Naron, Ferdinand Marcos Jr, Chaideer Mahyuddin, it’s, Joy Reyes Organizations: Hong Kong CNN, CNN, Children, UNICEF, UN, ”, Volunteers, Getty, Governments Locations: Hong Kong, Cambodia, Phnom Penh, South, Southeast Asia, Bangladesh, Philippines, Tondo, Manila, Pangasinan, Philippine, Banda Aceh, Indonesia, AFP

☆ Live Updates: Stormy Daniels Will Return to Stand in Trump Trial
▼ + stars: | 2024-05-09 | by ( Matthew Haag | ) www.nytimes.com time to read: +6 min

The woman, Stormy Daniels, answered questions from Manhattan prosecutors for several hours Tuesday before Mr. Trump’s lawyers began cross-examining her, and she will return to the stand Thursday. After that encounter, his bodyguard, Keith Schiller, told Ms. Daniels that Mr. Trump would like to have dinner with her, she said. Image Mr. Trump has denied the charges against him, and having had sex with Ms. Daniels. Mr. Trump was wearing “silk or satin” sleepwear, Ms. Daniels testified; after she cracked a joke — “Does Mr. Hefner know you stole his pajamas?” — he changed his clothes. At the time, Mr. Trump was about to secure the Republican Party’s presidential nomination.

Persons: Stormy Daniels, Donald J, Trump, Daniels, ”, Ms, Keith Schiller, Schiller, Melania, Sarah Yenesel, Michael D, Cohen, Hefner, Ivanka, T.J . Kirkpatrick, ” Mr, Susan Necheles, Necheles, Mr Organizations: Wicked Pictures, Credit, Mr, Prosecutors, Trump Organization, The New York Times, Old, Republican Locations: Manhattan, Tahoe, Nev, American

☆ Satellite imagery shows Palestinians fleeing Rafah’s tent cities as threat of major attack looms
▼ + stars: | 2024-05-09 | by ( Paul P. Murphy | ) edition.cnn.com time to read: +3 min

A satellite image shows tent camps in Rafah, Gaza, on May 5. Planet Labs, PBC A satellite image shows tent camps in Rafah, Gaza, on May 8. Planet Labs, PBC Satellite images show tent camps in Rafah, Gaza, on May 5 and May 8. Planet Labs, PBC A satellite image shows tent camps in Rafah, Gaza, on May 8. Planet Labs, PBC Satellite images show tent camps in Rafah, Gaza, on May 5 and May 8.

Persons: Benjamin Netanyahu, Joe Biden, shockwaves, Netanyahu, Gazans, Al Mawasi Organizations: CNN, Planet Labs, PBC, United Nations, Israel Defense Forces Locations: Rafah, Gaza, Israel, Al, Rafah –

Learn moreThe 2024 Italian Open has arrived, following a bumpy few weeks that saw multiple injury-related upsets plague the ATP tour. Below, we'll break down everything you need to know about the 2024 tournament, including where to watch the Italian Open and when the can't-miss ATP and WTA matches air. Alcaraz and Sinner will sit out the Italian Open, but Medvedev (who won the 2023 competition) is scheduled to play on Friday. Shop at SlingWhere to watch the Italian Open in the UKThe Italian Open is available to watch through Sky Sports in the UK. Where to watch the Italian Open in New ZealandStarting on Sunday, New Zealanders can catch the women's matches live through TVNZ.

Persons: Carlos Alcaraz, Daniil Medvedev, Alcaraz, Medvedev, Rafael Nadal, Novak Djokovic, Elena Rybakina, Iga Świątek, Naomi Osaka, Coco Gauff, Świątek, Aryna, you've, Marta Kostyuk, Magdalena Fręch, Iga, Bernarda Pera, AWST, ExpressVPN Organizations: Business, WTA, BNL, ATP, Madrid, Sky Sports, TVNZ, Tennis Channel, Sling, Tennis Locations: Italian, New Zealand, ExpressVPN, New Zealanders, Zealand

Signage stands outside the Sinclair Broadcast Group Inc. headquarters in Cockeysville, Maryland, U.S., on Friday, Aug. 10, 2018. Sinclair , one of the largest owners of broadcast stations in the U.S., is looking to sell more than 30% of its footprint, according to people familiar with the matter. Sinclair owns or operates 185 TV stations in 86 markets. Broadcast TV station groups have suffered in the past five years as millions of Americans have canceled traditional pay TV. Most stations make money from so-called retransmission fees, paid on a per-subscriber rate by traditional TV distributors, such as Comcast, DirecTV, and Charter, for the right to carry the stations.

Persons: Sinclair, Moelis, Chris Ripley, we've, Ripley, Spokespeople Organizations: Sinclair, Group Inc, Fox, NBC, ABC, CBS, Tennis, Bloomberg, Comcast, DirecTV Locations: Cockeysville , Maryland, U.S, Minneapolis, Portland, Pittsburgh, Austin , Texas, Fresno, Calif

Search resuls for: "OPEN"

25 mentions found