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☆ Apple job listings suggest the company is building a metaverse of its own for its long-rumored headset
▼ + stars: | 2022-11-14 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Apple is looking for engineers who can develop a 3D mixed-reality world for its coming headset. Tim Cook and another Apple executives have previously said they avoid using the word "metaverse." The company's development of a virtual and augmented reality headset was reported in early 2021, and trademark filings from August show that Apple may call the headset "Reality One" or "Reality Pro." Apple CEO Tim Cook previously told Dutch media outlet Bright that he avoids using the word "metaverse." Apple is expected to release its first mixed-reality headset in 2023, Bloomberg reported.

☆ Iranian man who inspired Steven Spielberg film 'The Terminal' dies at Paris airport
▼ + stars: | 2022-11-12 | by ( The Associated Press | ) www.nbcnews.com time to read: 1 min

PARIS — An Iranian man who lived for 18 years in Paris’ Charles de Gaulle Airport and inspired the Steven Spielberg film “The Terminal” died Saturday in the airport, officials said. Merhan Karimi Nasseri died after a heart attack in the airport’s Terminal 2F around midday, according an official with the Paris airport authority. Police and a medical team treated him but were not able to save him, the official said. He had been living in the airport again in recent weeks, the airport official said. His saga inspired “The Terminal” starring Tom Hanks, and a French film.

☆ Kylian Mbappé tells Sports Illustrated he considered quitting French national team after Euro 2020, citing lack of support after suffering racist abuse
▼ + stars: | 2022-11-11 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —French superstar Kylian Mbappé says he considered quitting the France national team after Euro 2020, citing a lack of support after suffering racist abuse. The Paris Saint-Germain star said he told Le Graët: “I cannot play for people who think I’m a monkey. “This is the new France … It’s for that that I didn’t give up the national team. Mbappé and the FFF have been at loggerheads over the last year around the image rights for France’s national team players. Three months later, Le Graët told L’Équipe that the agreement on image rights would not change before the World Cup.

☆ Two investors opposed to debt plan call for Orpea shareholder meeting
▼ + stars: | 2022-11-09 | by ( Andreas Rinke | Christina Amann | ) www.reuters.com time to read: +2 min

Nov 9 (Reuters) - Two shareholders that together own more than 5% of France's Orpea (ORP.PA) have called for a shareholder meeting at the beleaguered care homes group as they try to rally opposition to its planned debt restructuring plan. "An unprecedented shareholder ruin is now emerging", family-owned Mat Immo Beaune and investment group Nextstone said in a letter sent to Orpea on Tuesday and reviewed by Reuters. Orpea said in June an independent audit had found evidence of financial wrongdoing, and in October warned of asset impairments and said it had requested talks with creditors. French media outlet l'Agefi on Monday reported ESG-driven fund Mirova had sold its 4% stake in Orpea. Shares in Orpea, which have lost 90% of their value this year, were down 2% at around 1100 GMT.

☆ Kevin O'Leary: Do this for 1 hour every morning, or 'you will lose money 100% of the time'
▼ + stars: | 2022-11-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"You have to invest in information," O'Leary says. Spending an hour skimming through articles on your social media feed may sound easy. O'Leary avoids articles with "ridiculous and outrageous headlines" during his daily morning news hour, no matter how enticing they sound, he says. Google has a free fact-checking tool, where you can search keywords and verify if claims on social media or in blog posts are accurate. If you let the news and social media "bleed your time, you're going to become a very inefficient person," he adds.

☆ TIM top investor Vivendi keen to discuss network plan with government, sources say
▼ + stars: | 2022-11-06 | by ( ) www.reuters.com time to read: +2 min

MILAN, Nov 6 (Reuters) - Telecom Italia's (TIM) (TLIT.MI) top investor Vivendi (VIV.PA) is keen to start talks with Italy's new right-wing government on a new plan to create a national broadband company, people close to the French media conglomerate said on Sunday. The potential sale was part of a plan sponsored by the previous government to combine TIM's fixed network assets with those of smaller broadband operator Open Fiber in order to create a national network champion under CDP control. However, regulatory and valuations issues have thwarted efforts so far and the project to create a single network company is now being reassessed by the new government, which was sworn in last month. Butti had previously called on CDP to pursue the single network project taking over TIM, under a plan dubbed "Minerva". Under the plan, TIM would retain the network while hiving off its services operations and its Brazil-listed unit to cut its debt pile.

☆ France's far-right party RN elects Bardella as new president
▼ + stars: | 2022-11-05 | by ( ) www.reuters.com time to read: +2 min

PARIS, Nov 5 (Reuters) - France's far-right Rassemblement National (RN) elected Jordan Bardella as its new president on Saturday, overwhelmingly backing the 27-year-old European Parliament member to succeed Marine Le Pen in the post. It is the first time the party will be led by someone who is not a member of the Le Pen family. I will we there where the country needs me," Le Pen told Saturday's party convention. Bardella, who hails from a tough working-class neighbourhood, has said he will continue her efforts to attract voters beyond the party's far-right core. Bardella has become one of Le Pen's most recognised lieutenants in French media.

☆ French lawmaker accused of racist comment in Parliament
▼ + stars: | 2022-11-04 | by ( Associated Press | ) www.nbcnews.com time to read: +1 min

The president of the lower house of the French Parliament, Yaël Braun-Pivet, subsequently suspended the legislative session. Charities helping the migrants have appealed to the French government to take them in or help find a solution. Party spokesman Victor Chabert said de Fournas was referring to migrants at sea in his Africa remark and not, as some in French media wondered, to his fellow lawmaker. Reacting to the event, French Prime Minister Elisabeth Borne said that “racism has no place in our democracy.”She said the chamber “will have to take sanctions” over de Fournas’ remark without elaborating what those might be. National Rally’s leader, Marine Le Pen, lost her second bid for the French presidency to Macron in April.

☆ An Australian woman says she was denied entry to the US over house-sitting plans
▼ + stars: | 2022-10-30 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

An Australian woman says she was not allowed to enter the US because she intended to house-sit. She made headlines after revealing that immigration officials asked her if she'd ever had an abortion. While the intrusive questioning attracted much media attention, it was not the reason why Gourley was denied entry to America. While US Customs and Border Patrol wouldn't comment on individual cases, a spokesperson said house-sitting breached visa guidelines. A TrustedHousesitters spokesperson told Insider: "All our members are fully informed about the requirements for international sitting."

As is normal course of business with a significant change in a media platform, we have temporarily paused our paid advertising. The Detroit automaker, a rival to Musk's Tesla , said it is "pausing" advertising as it evaluates Twitter's new direction . It will continue to use the platform to interact with customers but not pay for advertising, GM added. DETROIT — General Motors is suspending its advertising on Twitter following Elon Musk's takeover of the social media platform, the company told CNBC on Friday. Musk has long boasted that Tesla does not pay for traditional advertising, a cost that has added up for conventional automakers' brands through the years.

☆ Barcelona-Marseille pipeline could take 4-5 years to build, Spain says
▼ + stars: | 2022-10-21 | by ( David Latona | ) www.reuters.com time to read: +3 min

The joint project between Spain, Portugal and France, agreed on Thursday and dubbed BarMar, replaces the cross-Pyrenees MidCat pipeline that Spain had said could be ready by 2023 but was vetoed by France. All three countries said the pipeline should also temporarily allow for the transport of some natural gas to help alleviate Europe's supply problems stemming from Russia's invasion of Ukraine. She added that the connections between Spain and France, as well as between the entry point in Marseille and the hydrogen pipeline network in central Europe, are yet to be completed. Fernando Garcia, a London-based utilities analyst at RBC Capital Markets, said the BarMar route would "clearly" not fix Europe's short-term supply woes. The BarMar pipeline would also substitute an underwater gas link between Spain and Italy that was once considered, Ribera told Spanish TV station Antena 3 earlier on Friday.

☆ European shares drop as inflation, slowdown fears grip markets
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +2 min

Oct 21 (Reuters) - European shares dropped on Friday, triggered by fears that major central banks would retain their aggressive rate-hike stance to rein in prices, while investors digested mixed earnings reports that did little to ease concerns of an economic slowdown. read moreRenault (RENA.PA) confirmed its full-year outlook and posted a rise in quarterly sales. Still, shares of the French carmaker were down 2.3%, with its executive flagging raw material supply concerns. All sectoral indexes were in red, led by retail stocks (.SXRP), which dropped 3%. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Amruta Khandekar in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ Parler accidentally sent Ivanka Trump's private email to hundreds of users by forgetting to use bcc, reports say
▼ + stars: | 2022-10-21 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Parler sent an email to over 200 of its verified users to announce Kanye West's acquisition deal. The email cc'd the addressees of its verified users, revealing them as a result, per reports. Among the verified users were Ivanka Trump and conservative commentator Candace Owens. Ryan said in his tweet: "Parler sent an email to all users with 300+ of their verified users CC'd instead of BCC'd""Now hundreds of people are replying and everyone has access to the personal emails of many verified users and Parler investors." It is known for having loose moderating policies than other social media platforms.

Under the plan, Vivendi's top investor Vincent Bollore would sell all Editis shares he would receive after the transaction, which would consist of a simultaneous distribution of the publishing unit's shares to Vivendi shareholders and its listing. Vivendi wants to sell Editis to secure the takeover of French media group Lagardere. Vivendi's sales totaled 2.58 billion euros ($2.54 billion) in the third quarter, against 2.48 billion euros in the same quarter last year. Vivendi added however that growth at Havas was offset by a slowdown in its pay-TV unit Canal+. Canal+ revenues in the quarter dropped 4.9% at constant currencies and like-for-like, to 1.42 billion euros.

☆ Strike at TotalEnergies Donges refinery, western France, lifted - union
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: 1 min

Companies TotalEnergies SE FollowPARIS, Oct 19 (Reuters) - Workers have decided to end the industrial action at TotalEnergies' (TTEF.PA) Donges refinery, a CGT trade union representative told journalists on Wednesday. Several French media also reported a strike at another site of the company's Gonfreville refinery in northern France was continued. (This story has been refiled to fix typographical error in the headline)Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Tassilo HummelOur Standards: The Thomson Reuters Trust Principles.

☆ How much media and tech giants from Disney to TikTok pay employees in the US
▼ + stars: | 2022-10-19 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +12 min

And tech companies like TikTok have made key hires from more traditional media spheres. These are base salaries, and do not include other forms of compensation such as stock options or cash bonuses. DisneyDisney and its US streamer Hulu offered base salaries ranging from $93,150 to $242,000 per year, according to wages from 132 foreign-labor-certification applications. Most of the salaries were for streaming and tech jobs, including data scientist and software engineer roles. Most of the salaries were for data, engineering, and other tech jobs based in San Francisco, California; and Seattle, Washington.

☆ Ye to acquire conservative social network Parler after he's been locked out of Twitter for antisemitic posts
▼ + stars: | 2022-10-17 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

Ye, formerly known as Kanye West, has agreed to acquire conservative-oriented social media app Parler, the platform announced early Monday. Parler is a controversial alternative to apps like Twitter and Facebook and touts itself as a “free speech” and “uncanceable” space. It was forced offline last year for its ties to the Jan. 6 attack on the U.S. Capitol. The move comes after a week the rapper was locked out of his Twitter account and restricted on Instagram amid backlash for antisemitic posts. Once again, Ye proves that he is one step ahead of the legacy media narrative," Farmer said.

When News Corp split up nearly a decade ago, executives at the companies said each side would benefit from an increased focus on its business. Nearly a decade ago, Rupert Murdoch decided it was a sound strategy to split his media empire in two. Now, he wants to put it back together. People familiar with Mr. Murdoch’s proposal to reunite Wall Street Journal parent News Corp and Fox News parent Fox point to a number of differences—within the companies, the industry and the Murdoch family—between now and when they were split in 2013.

☆ The world's second-richest man, Louis Vuitton's CEO, sold his private jet after people started tracking it on Twitter: 'No one can see where I go'
▼ + stars: | 2022-10-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Bernard Arnault said LVMH sold its private jet after Twitter accounts started tracking it. Antoine Arnault argued that a private plane gives executives an edge in the race to be first to a new product or deal. "We haven't found anything better than a private plane to win that race every day and be just a small step ahead of our competitors," he added. Arnault is not the only billionaire to come under fire in recent months for private jet usage. Other public figures have expressed safety concerns over the sharing of flight data on social media.

☆ Kanye West to acquire Parler
▼ + stars: | 2022-10-17 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

CNN Business —Kanye West is acquiring Parler, the alternative social media platform favored by many conservatives. Exact terms of the Parler deal weren’t disclosed, though Parler said it must still enter into a definitive agreement with West and expects to close in the fourth quarter. Buying Parler could make West the latest celebrity owner of a social media platform after former President Donald Trump’s bid to win over conservatives with Truth Social and Tesla CEO Elon Musk’s proposed acquisition of Twitter. Truth Social launched in February on Apple’s app store, and was approved for Google’s app store on Oct. 13. Musk’s move to buy Twitter, if the deal goes through, also has the potential to upend Parler and similar services.

☆ Dutch crown princess Amalia under heightened security
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 13 (Reuters) - Dutch Crown Princess Catharina-Amalia is under heightened security due to concern that she could be targeted by criminals, Dutch news agency ANP reported on Thursday, citing her parents. "She can hardly leave the house," ANP quoted Queen Maxima as saying during a state visit to Sweden with her husband King Willem-Alexander. Register now for FREE unlimited access to Reuters.com RegisterLast month, several Dutch media outlets reported that the princess, whose formal title is Princess of Orange, was under heightened security due to fears that criminal gangs may target her for kidnapping or an attack. Dutch police and the country's secret service have declined to discuss security arrangements around the Royal House. Dutch Prime Minister Mark Rutte on Thursday evening said he could not specify the details of the threats.

☆ Parties bidding for TIM's grid want more time for talks
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +2 min

Italy's state lender CDP is readying a preliminary offer for TIM's landline grid as it pursues plans to create a single broadband company with smaller rival Open Fiber, in which it is the largest shareholder. Macquarie (MAQ.AX), which has a minority stake in Open Fiber, is also expected to join the bid. Valuation issues have also been a stumbling block in negotiations between TIM and CDP. TIM's top investor Vivendi (VIV.PA) is looking for a valuation of 31 billion euros ($30.06 billion) to back a sale of the grid with the prospect of a merger with Open Fiber, a source familiar with the French media group had said. CDP values Telecom Italia's landline grid in the region of 20 billion euros including debt, sources had previously said.

Gabby Jones | Bloomberg | Getty ImagesBenefits of bundlingFor consumers that buy many streaming services already, purchasing a bundle of them for a discount would be an instant money saver. For corporations, pushing together streaming services reduces the number of people who cancel each month, known in the industry as churn. But those companies also offer their own competing streaming services – The Roku Channel, Prime Video and Apple TV+, respectively – which could deter broader partnerships. Wireless companies already offer promotional pricing to streaming services as sign-up bonuses. From the standpoint of niche services, Peacock hasn't come to them with a coherent strategy, according to several people familiar with the talks.

☆ Italian state lender CDP readies offer for TIM's network after national vote
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +2 min

Telecom Italia (TIM) logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/IllustrationMILAN, Sept 27 (Reuters) - Italian state lender CDP is readying a preliminary offer for Telecom Italia's landline grid, it said on Tuesday, as it presses ahead with plans to create a single broadband company with Open Fiber after a general election on Sunday. CDP is now expected to submit a non-binding offer in the first half of October, two sources familiar with the matter said, cautioning deliberations are ongoing. Register now for FREE unlimited access to Reuters.com RegisterTIM (TLIT.MI) and CDP reached a preliminary agreement in May aimed at creating a unified broadband champion merging TIM's assets with those of Open Fiber under CDP control. Under the preliminary agreement sealed in May, CDP and TIM aimed for a binding deal by the end of October.

☆ Courbit-led group offers 20 euros a share for M6 stake - Bloomberg News
▼ + stars: | 2022-09-25 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: A view shows French television group M6 headquarters in Neuilly-sur-Seine, near Paris, France, May 21, 2021. REUTERS/Sarah Meyssonnier/File Photo(Reuters) - French media mogul Stephane Courbit and his investor partners are said to have offered 20 euros ($19) a share for Bertelsmann SE & Co.’s stake in television company Groupe M6, Bloomberg News reported on Sunday. The offer is a 39% premium to Friday’s closing price of 14.43 euros per share, and values the 48% stake around 1.22 billion euros. Czech billionaire Daniel Kretinsky also made an offer for the stake, the report said, citing a person familiar with the matter. In March 2021, when Bertelsmann confirmed talks to sell its stake, French media reported that RTL’s stake was worth 1.5 billion euros ($1.48 billion), valuing all of M6 at about 3 billion euros.

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