Hoping to close the of the 21st Century Fox transaction soon, the Walt Disney Company has announced its plans for a new organisational structure for its media networks segment.
The massive second time data leak has once again put social media giant Facebook in the fire. The Ireland's Data Protection Commission (DPC) has now launched a formal investigation into the fresh Facebook data breach which affected 50 million users that could result in a fine of $1.63 billion.
According to WARC’s recent report on global ad trends, advertisers will spend a combined $66 billion on sponsorship this year. The report tells that they will mostly spend on sports properties.
The global media giant 21st Century Fox (21CF) has announced that it may sell its 39% stake in Sky to Comcast at a price of £17.28 for each Sky share in respect of the 21CF’s existing stake or sell 21CF’s existing stake to Comcast at the Comcast Offer price.
Comcast, the U.S. cable giant, scored a big win in the scramble for media assets by beating Rupert Murdoch, and his backer Disney, in the battle for Sky with an eye-watering $40 billion bid.
The tech giant Google is planning to expand its data centre in Chile. It will invest around $140 million in its one of its kind centre in Latin America, which houses the information of millions of its users.
On 11 September, the tech giant Google fought against France in a top EU court arguing it feared for freedom of speech if forced to apply Europe's "right to be forgotten" principle worldwide.
As per a report by Broadband Commission for Sustainable Development, connecting the remaining world population through internet in 7 years will have numerous tough challenges.
To provide 24/7 cyber security services to help customers stay one step ahead of evolving cyber threats in the Middle East region, Tata Communications has launched an advanced cyber security response centre in Dubai.
The popular social broadcasting platform Caffeine and its newly formed venture Caffeine Studios have got a big boost as the 21st Century Fox (CF) has invested $100 million. This is the second big boost after an investment from Andreessen Horowitz and Greylock Partners.
Illegal streaming is becoming a big issue worldwide and is eroding a lot of revenue of broadcasters. In a bid to fight this, the leading content protection and multiscreen television solutions provider, Nagra has partnered with the Portugal-based sports network Sport TV.
The popular religious TV series by Star India ‘SiyaKe Ram’ will be available in Russia as the Russian broadcaster Kultura TV (Rossiya-K) has bought the rights. The series will hold a prime-time slot on Kultura TV with a daily run.
To battle fake news and to bring forth only genuine news, China has decided to set up a national-level online platform, Piyao.It will identify fake news and rumours that are uploaded online. The platform will be used to alert the public about news deemed to be fake by the government and counter such reports as well as pseudo-scientific theories that are propagated online by individuals.
While the debate on fake news, misuse of internet, over-regulation and cyber-attacks is gaining big attention across the world, Chinese President Xi Jinping said that internet should be ‘clean and righteous’.
According to the 42nd bi-annual statistical report from the China Internet Network Information Centre (CNNIC), the internet user base in China has crossed 800 million mark. Their cumulative mobile internet traffic reached 26.6 billion GB, an increase of 199.6 per cent. The data is till June 2018.
To reach maximum overseas audiences, the Star India will launch a new HD lifestyle channel Star Life, which will be available on DStv, GOtv, and Openview from 27 August.This will be available in High Definition but DStv viewers outside of South Africa will only receive the channel in standard definition.
Asia Satellite Telecommunications Company Limited (AsiaSat – SEHK: 1135) supports live coverage of the 2018 Asian Games with AsiaSat 5.
Taiwan’s leading Video-On-Demand (“VOD”) industry associations today came together with the government at a roundtable event to share and promote best practices that foster growth while safeguarding consumer interests through self-regulation and collaborating on anti-piracy efforts.
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