Sunday, 27 May, 2018

Disney, Fox Deal Could Reportedly Close This Week

House of M House of M
Nicole Thomas | 13 December, 2017, 00:25

U.S. cable company Comcast has dropped out of the race for 21st Century Fox's entertainment and global assets, clearing the way for Disney to acquire a piece of Rupert Murdoch's media empire.

When a set of assets like 21st Century Fox's becomes available, it's our responsibility to evaluate if there's a strategic fit that could benefit our company and our shareholders. "That is what we tried to do and we are no longer engaged in the review of those assets".

It would see Disney add 20th Century Fox, home to the Avatar and X-Men film franchises, to its own studio, as well as global pay-television brands from Sky in the United Kingdom to Star in India, regional USA sports networks and Fox's stake in the Hulu digital streaming service.

Therefore, even if it will take more than a year to fully comply with the regulatory requirements, Disney's acquisition of Fox would make the two firms to stay apart until the requirements are duly met.

Fox and Disney are on a "glide path" for a Thursday deal announcement, CNBC reported on Tuesday.

Google Launched 3 New Photography Apps
Google Inc. has launched three new photography apps, which form part of the company's new " appsperiments " program. After capturing video in the app, users can preview the footage by scrubbing back and forth with one finger.

Disney is planning to launch its own streaming services as a way of contending with changes in the entertainment industry and deep-pocketed tech companies that are building their own video divisions. The company will retain Fox News, the Fox broadcast network, and Fox Sports 1, which will be reconstituted into a new, independent company.

Fox up 1% to $34.11, with Disney gaining a fraction to $107.22.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. Media stocks overall are mixed as the Dow 30 has already gone up 104 points on the day, while the Nasdaq and S&P 500 are largely flat.

Twenty-First Century Fox, Inc.

Recommended

New Yorkers return to subway day after Port Authority attack New Yorkers return to subway day after Port Authority attack He did not elaborate. "This was an attempted terrorist attack ", Mayor Bill de Blasio said at a news conference Monday. Photo The Port Authority Bus Terminal in Manhattan , where a bomb detonated on Monday, severely injuring the bomber.

Nokia 5 getting Android 8.0 Oreo beta update Nokia 5 getting Android 8.0 Oreo beta update Coming to hardware, this offering from Nokia is packing a Snapdragon 430 Octa-core processor, coupled with Adreno 505 GPU. This feature is not even available on Nexus smartphones and thus it feels great to see it on Nokia 8 and now Nokia 5.

Nintendo Switch Sells 10 Million Consoles in Nine Months Nintendo Switch Sells 10 Million Consoles in Nine Months This marks the first time that the franchise has released a title for a Nintendo console. Nintendo has struggled to keep up with demand for the Switch.

Has Your Older iPhone Slowed Down? Consider Replacing The Battery Has Your Older iPhone Slowed Down? Consider Replacing The Battery Before the battery replacement, their iPhone 6S scored 1466 in single-core and 2512 points in multi-core tests on GeekBench. Schiller added that Face ID works on the iPhone X in a way that's not implemented on rival phones.

Energy prices jump after explosion at gas hub in Austria Energy prices jump after explosion at gas hub in Austria The fire-brigade spokesman Franz Resperger said, as quoted by the SITA newswire, that a gas pipeline exploded underground. It handles some 40 billion cubic meters from Russia, Norway, and other countries per year, Deutsche Welle reported.

Ryan Reynolds' Pokemon Movie "Detective Pikachu" Gets Release Date Ryan Reynolds' Pokemon Movie Serebii recently found that Detective Pikachu has been rated by PEGI, Europe's rating board. Detective Pikachu is now only available in Japan, for Nintendo 3DS.

Winter storm watch this afternoon Winter storm watch this afternoon Berlin: 6-12 inches, Laconia, 3-7 inches, Lebanon, 4-6 inches, North Conway, 6-11 inches, and Plymouth, 4-9 inches. Forecasters expect 2-4 inches of the white stuff.

Trump should resign amid sexual assault claims: Sen. Gillibrand Trump should resign amid sexual assault claims: Sen. Gillibrand "Very disloyal to Bill & Crooked-USED!" "The insinuation in this tweet is clearly sexual and it's demeaning to women", BBC News anchor Katty Kay remarked.

Apple acquires the music discovery app Shazam Apple acquires the music discovery app Shazam It would remain to be seen how Apple would integrate Shazam , which also faces competitors such as SoundHound. This is pretty low considering the app got valued at $1 billion during its most recent funding round.

Nobel Peace Prize victor warns nuclear war is 'one tiny tantrum away' Nobel Peace Prize victor  warns nuclear war is 'one tiny tantrum away' Thurlow, who lives in Canada, will attend the award ceremony together with Fihn. It is not irrational to think nuclear States can disarm.

Argentina legend Diego Maradona not quite captured in dodgy statue Argentina legend Diego Maradona not quite captured in dodgy statue Diego Maradona travelled to India to unveil a statue of himself and it has attracted ridicule from just about everyone online. One social media user quipped: " Diego Maradona is in India & a statue of him was unveiled at a charity event in Kolkata ".

The future is quantum: Microsoft releases free preview of Quantum Development Kit The future is quantum: Microsoft releases free preview of Quantum Development Kit

1 magnitude natural disaster strikes near major city 1 magnitude natural disaster  strikes near major city More than 530 people were killed and thousands were injured in the massive tragedy of last Iran natural disaster . In the epicenter of the quake, which struck at about 12:43 local time, the tremor measured magnitude 7-8 points.

Tony Ferguson wants title unification fight vs. Conor McGregor in early 2018 Tony Ferguson wants title unification fight vs. Conor McGregor in early 2018 Pacquiao with rumors of the super-fight swirling. and he told TMZ Sports Conor doesn't have a chance in hell of upsetting Manny. Not content with being one of the dominant figures in the UFC, he tried his luck in boxing.

Selena Gomez has 'poured her heart' into new music Selena Gomez has 'poured her heart' into new music While Selena's family were said to be apprehensive over her reunion with Bieber, his family have had quite the opposite opinion. She said: "I think he's just keeping his focus on God, and really trying to figure out what counts and what matters".