Category: News
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Vice Media Files for Bankruptcy: What it Means for the Future of Digital Media
Vice Media, the once-dominant digital media brand known for its edgy and provocative storytelling, has filed for Chapter 11 bankruptcy in New York. The company, co-founded by Shane Smith in Montreal nearly 30 years ago, has been struggling with its finances for several years, compounded by the brutal environment for media and technology companies facing…
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The Impact of COVID-19 on Household Debt and Credit: Balances Surge to Record Highs, Delinquencies Rise, and Refinancing Helps Some
The COVID-19 pandemic has had a significant impact on the US economy, with many households relying on credit to manage their finances. According to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, total household debt surged to a record $17.05 trillion in the first quarter of 2023, an increase…
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Vice Media Files for Bankruptcy and Sells Assets to Creditors
Vice Media, the parent company of news outlets Vice News and Refinery29, filed for bankruptcy on Monday and announced an agreement to sell its assets to its creditors.[0] The company, once valued at $5.7 billion, will continue its operations through the sale process thanks to a $20 million loan secured by the proposed buyers.[0] If…
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Greece’s 2023 Stability Programme Receives Positive Feedback from Fitch Ratings
Greece’s 2023 Stability Programme has received positive feedback from Fitch Ratings, which has highlighted the strong improvement in public finances and a substantial reduction in debt. Even if some of the programme’s projections proved to be optimistic, it reinforces Fitch’s view that the debt ratio will continue to fall over the medium term. The Stability…
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Elon Musk Announces Former NBCUniversal Chairman as New Twitter CEO
Elon Musk has announced that Linda Yaccarino, the former chairman of global advertising and partnerships at NBCUniversal, will be the new CEO of Twitter, taking over from Musk in six weeks.[0] Musk will transition to executive chairman and chief technology officer. Yaccarino was apparently chosen for her extensive relationships with advertisers and her reputation as…
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Elon Musk Appoints Linda Yaccarino as CEO of Twitter: What Does It Mean for the Platform?
Elon Musk has announced Linda Yaccarino as the new CEO of Twitter, months after he promised to step back from the role.[0] Yaccarino, who previously served as the chair of the company’s global advertising and partnerships at NBCUniversal, is seen as a good cultural fit for Musk and shares his views on free speech and…
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Elon Musk appoints Linda Yaccarino as new CEO of Twitter: What does this mean for the platform’s future?
Elon Musk has announced Linda Yaccarino as the new CEO of Twitter, months after he promised to step back from the role.[0] Yaccarino, who previously worked as chairman of global advertising and partnerships at NBCUniversal, impressed Musk earlier this year at a Miami Beach marketing event, where they were keynote speakers discussing Twitter 2.0 and…
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Last-Minute Mother’s Day Gift Ideas: Shop Online at Amazon for Unique and Thoughtful Presents
Mother’s Day is just around the corner, taking place on Sunday, May 14, and this year, many people are finding themselves scrambling to find the perfect gift for their mom.[0] With the ongoing pandemic, it can be challenging to find the time to hit the stores and shop for a thoughtful Mother’s Day gift. However,…
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Elon Musk Announces Linda Yaccarino as New CEO of Twitter in Move to Rebuild Advertiser Relationships and Maintain Free Speech Platform
Elon Musk has announced that Linda Yaccarino, the former head of ad sales for NBCUniversal, will be the new CEO of Twitter. Musk had previously teased the announcement on his Twitter account, stating that he had hired a new CEO for X/Twitter and that he would transition to the role of executive chairman and CTO.…
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Elon Musk Names Linda Yaccarino as New CEO of Twitter, Sparking User Concerns
Elon Musk has announced Linda Yaccarino as the new CEO of Twitter, just over six months after his controversial takeover of the social media company.[0] Yaccarino previously served as the chairman of global advertising and partnerships for NBCUniversal, where she developed the company’s ad-supported streaming platforms and generated more than $100 billion in advertising sales.…