The UK Is Trying to Fight Social Scams. The US Not So Much.
Incoming British laws offer a test on how to get networking and messaging apps to beef up defenses against fraud.
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The world’s richest sports team owners include the billionaires at the top of the NBA, the NFL and European soccer. See the top 25 ranking, with a combined net worth of $607 billion.
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Orion founder urges states to stockpile metals, warning that a lack of investment will result in shortages comparable with the 1970s oil shocks.
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Source: Bloomberg, 5:41
Prices Will Go Up, Volume Down: Bozzella on Auto Tariffs
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John Bozzella, President & CEO of the Alliance for Automotive Innovation, states that prices will go up and volume will come down when sharing his thoughts on President Trump announcing 25% auto tariffs last week along with additional tariffs on steel & aluminum. Bozzella talks about how the President’s tariffs may impact car companies wanting to create factories in the United States, and if companies will eventually decide not to sell in America. Bozzella speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s “Balance of Power: Late Edition.” (Source: Bloomberg)
How YouTube Became the “New King of All Media”
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MoffettNathanson co-founder and senior research analyst Michael Nathanson explains how YouTube’s dominance is impacting other streaming giants like Netflix and Disney, and how less powerful content providers are being forced to adapt. Michael speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. (Source: Bloomberg)
Netceed Creditors Tap Gibson Dunn Ahead of Potential Debt Talks
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A group of creditors of telecommunications provider Netceed have tapped law firm Gibson Dunn & Crutcher for advice ahead of potential restructuring talks with the company, according to people familiar with the matter.