The European Union's Digital Services Act is set to force major changes to how the biggest tech companies in the world operate. Yahoo Finance Tech Reporter Dan Howley explains that adjustments range from taking responsibility for illegal goods bought and sold on their platform to restrictions on marketing toward teens. Howley notes the range of companies impacted by this legislation, saying “any big tech company that you can think of is involved with this."...
Continue ReadingAmazon (AMZN) and Disney (DIS) are in early talks about a potential ESPN streaming partnership, according to a report from the Information. Axios Media Deals Reporter Tim Baysinger joins Yahoo Finance Live to discuss what this means for the sports streaming landscape. As customers continue cutting the chord and moving to streaming services, "it makes sense that sports is moving over" as well, Baysinger says. "In terms of how to figure out the future of ESPN, I mean, Disney has been very open that they are looking for some kind of strategic partner," Baysinger says. Baysinger explains that Disney has "held talks with multiple different companies" including the NBA, NFL, and MLB, "so they’re clearly looking far and wide for someone to help them with this full-streaming version of ESPN." Baysinger notes that "a full-streaming version of ESPN is going to be easily the most expensive, you know, streaming service on the market." "Sports rights are not cheap, they’re only going to get more expensive" and with ESPN’s sports deals, "their costs are only going up," Baysinger says...
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Continue ReadingForeign direct investment (FDI) in China hits rock bottom as the yuan depreciates and trade war with the U.S. intensifies, impacting exports and economy. Read more here...
Continue ReadingIn this article, we discuss 10 best performing ETFs in 2023. If you want to skip our detailed discussion on the stock market and the performance of ETFs, head directly to 5 Best Performing ETFs in 2023. Amid concerns about the unpredictable economy and rapid stock market movements, strategies focused on safe investments are largely […]...
Continue ReadingThe recent stock market rise was driven by the promise of AI, but valuations seem unsustainable. Click here to find out what investors need to know...
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