Tag: entertainment
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Disney lays off more than 300 streaming-focused employees in China
Walter Disney Co. DIS 2.16% has laid off more than 300 Beijing employees working on its streaming services, according to people familiar with the situation, as part of a cost-cutting and restructuring effort at the entertainment company. The layoffs in China come after Disney this week began implementing the first wave of cuts in a […]
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San Francisco fights urban disorder – and goes after a small free library
SAN FRANCISCO – Many streets in this city are clogged with homeless tents, drug addicts and illegal vendors. City inspectors recently went after a Little Free Library. “Remove unauthorized encroachments on public highways,” a city message to Susan and Joe Meyers ordered, unless they have applied within 30 days For a $1,402 “Minor Sidewalk Encroachment […]
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Court rules that the book service of the online archive has violated copyright
NEW YORK (AP) — A federal judge has sided with four publishers who sued an online archive for unauthorized scanning of millions of copyrighted works and offering them to the public for free. Judge John G. Koeltl of the US District Court in Manhattan ruled that the Internet Archive produced “derivative” works that required permission […]
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From the sudden collapse of the SVB to the consequences of Credit Suisse: 8 charts show turbulence in the financial markets
A tumultuous week in US financial markets ended on an uncertain note Friday after a massive $30 billion injection of large bank deposits into First Republic Bank failed to appease investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – concerns about weakness in […]
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What happened to Silvergate Capital? And why does it matter?
Silvergate capital AND served as one of the most important banks for the crypto industry before it collapsed earlier this week. The news came just a week after the company delayed its annual report to the U.S. Securities and Exchange Commission, causing Silvergate Capital’s shares to collapse. Here’s a rundown of the timeline of what […]