The future of television is shaping up to be a combination of broadcast and streaming, with both options offering unique benefits. A recent survey found that 30% of U.S. adults use an antenna to watch TV at no cost, with millennials being the most frequent users. Additionally, digital antennas are becoming increasingly popular, enabling households to receive over-the-air transmitted signals from local stations.
Broadcast stations have also launched numerous over-the-air digital multicast networks, which can be accessed via digital antennas. Furthermore, NextGen TV, an IP-based standard for transmitting over-the-air signals, has been approved and is being rolled out on a voluntary market-by-market basis.
Industry analyst Bill Harvey suggests that the impending death of linear TV has been exaggerated, as many high-rated streaming shows originated from broadcast or cable. He notes that streaming is not competing with linear TV, but rather extending its reach.
Nobel laureate Muhammad Yunus warns against anarchy in Bangladesh, urging calm and cooperation. According to reports, Yunus, a prominent social entrepreneur and microfinance pioneer, has expressed concerns about the current political situation in Bangladesh, emphasizing the importance of stability and peaceful resolution.
Source: https://www.ft.com/content/d519ed8c-b63c-4670-9d4c-baec300b13a5
Russia is experiencing intense battles as Ukraine's military makes significant gains in the war. The largest counter-attack by Kyiv has led to fierce fighting, with both sides suffering heavy losses. The conflict continues to escalate, with no clear end in sight.
Source: https://www.ft.com/content/52b9a0c7-b461-4470-a69e-da1c8969892c
Glencore's decision to prioritize coal over other energy sources has raised eyebrows in the industry. According to a recent FT article, the mining giant kept faith with coal despite growing concerns about climate change and shifting investor priorities. The move is seen as a testament to coal's enduring importance as an energy source.
Source: https://www.ft.com/content/558122f6-d78d-4330-874d-64df5770a213
Barclays has made headlines by becoming the first UK bank to scrap its EU bonus cap. The move comes after the UK's departure from the European Union, allowing banks to set their own rules for executive compensation. This decision has sparked debate among regulators and investors, with some advocating for stricter controls on banker pay.
Source: https://www.ft.com/content/7ff633ad-ecdb-4df6-bf11-d987dc9ace9c
Judge Mehta's ruling that Google is a monopoly opens doors for change, sparking debate on the tech giant's dominance in the market. The decision has implications for consumers and competitors alike.
Source: https://www.ft.com/content/cbfa63de-66b5-4543-a2ef-c6c7397700a6
The Federal Reserve is widely expected to cut interest rates soon, following a decline in inflation. However, experts question whether these cuts will come early enough to avoid a recession. The current economic climate has led many economists to predict a rate cut as early as next month. A decrease in interest rates could stimulate the economy and boost consumer spending. On the other hand, some argue that cutting rates too soon could lead to inflationary pressures down the line.
Source: https://www.nytimes.com/2024/08/08/business/economy/federal-interest-rates-inflation.html