As reported by Music Business Worldwide earlier today (August 7), Sony’s global music rights operation experienced double-digit growth in calendar Q2 (fiscal Q1), with revenues rising 11.4% year-over-year (YoY). However, a closer look reveals a slower growth rate in Sony’s recorded music streaming revenue, which increased by just 5.0% YoY when adjusted for US dollars….
A federal district court ruled on Monday that Google engaged in monopolistic behavior by paying to become the default internet search engine on mobile devices from other tech companies, marking a significant victory for the Justice Department. According to Bloomberg, Google paid $26.3 billion in 2021 to companies including Apple and Samsung. The Justice Department…
Vice President Kamala Harris’s decision to choose Governor Tim Walz (D-MN) as her running mate was met with enthusiasm from many Democrats and even some Republicans. For the Left, Walz is seen as a progressive Midwestern figure with a congenial personality that could potentially help Harris secure pivotal swing states. However, Walz’s record, especially his…
SOURCE:THE CONVERSATION Most of the world has signed up to commitments to reduce emissions under the Paris Agreement. It aims to hold the increase in the global average temperature to “well below 2°C above pre-industrial levels” and to pursue efforts to limit it to 1.5°C. Australia’s commitments are net-zero greenhouse gas emissions by 2050 and…
Last month, a Pakistani national with alleged ties to Iran was arrested on charges of conspiring to assassinate former President Donald Trump and several other public officials, according to a criminal complaint unsealed Tuesday in Brooklyn federal court. Although the complaint does not specifically name Trump, sources familiar with the case told ABC News that…
SOURCE:THE CONVERSATION As tensions have risen around small boat crossings and asylum seekers in the UK, the hotels housing them have become regular targets of attacks by far-right, anti-immigration protesters. Over the weekend, rioters threw projectiles at hotels and reportedly tried to set fire to one in what the home secretary called an “utterly appalling”…
SOURCE:THE CONVERSATIONSepsis occurs when one’s immune system has an extreme response to an infection. It’s a life-threatening condition: globally, it accounts for about 11 million deaths – 20% of all deaths per year. And it doesn’t just affect adults. In 2020, 2.4 million newborn babies died of sepsis in the first month of their lives….
Israeli Prime Minister Benjamin Netanyahu held an urgent meeting on Sunday night with Defense Minister Yoav Gallant, along with military and intelligence leaders. Before the meeting, Netanyahu emphasized, “Iran and its allies are trying to encircle us with terrorism. We are committed to fighting back on every front, both near and far. Those who threaten…
Wall Street’s major indexes suffered significant losses on Monday, fueled by mounting concerns about a potential U.S. recession following disappointing economic data from last week. The Dow Jones Industrial Average plummeted more than 1,100 points shortly after the opening bell, while the tech-heavy Nasdaq Composite tumbled nearly 5%, entering correction territory for the second time…
Ukraine has received its first batch of F-16 fighter jets, providing a significant enhancement to its fleet of Soviet-era aircraft amid the ongoing Russian invasion. These American-made jets are set to commence operations in Ukrainian airspace shortly, thanks to pledges from Western nations including Belgium, Denmark, the Netherlands, and Norway to deliver over 60 F-16s…