Despite all the worries about TV viewers defecting to streaming services, big media companies continue to pile on the ads—one of the factors driving away viewers in the first place. A new report by Wall Street firm MoffettNathanson found that commercial time at channels owned by the big companies rose 2% in the second quarter. Discovery and AMC were more aggressive than most, while Viacom and NBC...
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The Clubhouse Investment Boom: The Information’s Tech Briefing
Just when you think the stock market excesses couldn’t get any crazier, along comes GameStop. In the space of a few hours today the stock, which was trading at $20 two weeks ago, more than doubled to a high of $159 before collapsing back to $76.79. Like a lot of other stocks bouncing around like a yo-yo lately—video-streaming service FuboTV comes to mind—trading in GameStop is...
SoftBank-Backed Travel Startup Klook Raises $200 Million
Twitter’s Birdwatch Program Asks Users to Debunk Tweets
Apple’s Riccio Moves to Secret Project
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