ORGANIZATION

Winners & losers in Discovery's marriage with AT&T's WarnerMedia

In what could easily be the year’s biggest media deal, AT&T announced it will spin off its WarnerMedia assets and combine them with Discovery in a blockbuster $43 billion tie-up that’s shaking up the entertainment industry and already there are winners and losers

New problem for Boeing as FAA orders 737 Classic inspections

The Federal Aviation Administration (FAA) said on Friday it was requiring U.S. operators of 143 Boeing Co 737 Classic series airplanes to check for possible wire failures stemming from an investigation into an Indonesia crash in January.

Pro-Iran Twitter accounts got anti-Semitic hate trending amid Israeli-Hamas escalation: researchers

A group of pro-Iran Twitter accounts flooded the platform with “massive surges of unmitigated antisemitism” and disinformation, enough to get it trending, as Israel stepped up military strikes against the Tehran-backed Hamas terrorists in Gaza responsible for launching hundreds of rockets at civilian targets this week, according to a nonprofit, politically neutral research institution.

Disney misses on parks revenue, streaming subscribers but sees strong growth ahead

Disney reported overall revenue of $15.6 billion, down 13% compared to $18 billion a year ago. Meanwhile, net income in the quarter was $912 million, up 95% compared to $468 million a year ago. Excluding certain items, Disney's diluted earnings per share came in at 79 cents, compared to 60 cents per share a year ago.