(Reuters) - Warner Bros Discovery has suspended all external marketing spend for its recently launched streaming service CNN+ and laid off CNN's finance chief Brad Ferrer, news website Axios reported https://www.axios.com/discovery-cnn-plus-marketing-layoffs-jobs-b088c03c-b202-4756-8f5f-e64ee77b5095.html on Tuesday, citing sources familiar with the matter. Warner Bros … [Read more...] about Warner Bros Discovery lays off CNN CFO, suspends marketing spend – Axios
Russian court says appeal launched against ban on Meta for “extremism” – Interfax
(Reuters) -An appeal has been launched against a Moscow court ruling that banned Meta from operating in Russia on the grounds of "extremist activity", Interfax news agency said on Tuesday. Interfax initially reported that Meta itself had lodged the appeal but then cited the court press service as saying it had been filed by an unidentified third party. The court could not … [Read more...] about Russian court says appeal launched against ban on Meta for “extremism” – Interfax
Italy’s antitrust regulator lifts 2019 ban on Sky Italia
MILAN (Reuters) - Italy's antitrust regulator said on Tuesday it would lift a ban on Sky's Italian business related to the distribution of exclusive content on its online service platform. The three-year ban was imposed in May 2019 after Sky had bought the digital terrestrial pay-TV assets of Mediaset, in a deal which the regulator said would limit competition. Mediaset … [Read more...] about Italy’s antitrust regulator lifts 2019 ban on Sky Italia
Analysis-Musk’s tweets fuel mining industry’s hopes of a buyout by Tesla
By Ernest Scheyder (Reuters) - Elon Musk's recent musings that high lithium prices may force Tesla Inc to make its own supply of the electric vehicle battery metal have fueled hopes by some that the billionaire entrepreneur will instead opt for a buyout of an established mining company. The auto giant already has supply contracts for nickel, lithium and a range of other EV … [Read more...] about Analysis-Musk’s tweets fuel mining industry’s hopes of a buyout by Tesla
EV parts maker Schaeffler signs first of a kind European rare earth deal
By Eric Onstad LONDON (Reuters) - German auto parts supplier Schaeffler has signed a raw materials deal to ensure the supply of rare earth magnets from Europe for its burgeoning electric vehicle (EV) motor business, an executive told Reuters. It is the first reported agreement by a European auto sector supplier or automaker to source rare earths within the region. The … [Read more...] about EV parts maker Schaeffler signs first of a kind European rare earth deal
