From YouTube’s 80m Music and Premium subs to Meta’s 11,000 layoffs… it’s MBW’s Weekly Round-Up

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories…

Stocks rally as Fed rate hopes dent dollar By Reuters

© Reuters. FILE PHOTO: People walk past an electric board showing Japan’s Nikkei share average in…

US stocks rise further as inflation data raise investor hopes

US stocks continued to climb on Friday, while the dollar weakened, after cooler than expected inflation…

Larry Summers: FTX collapse more like Enron than Lehman

So says former Treasury Secretary Larry Summers about the once-heralded cryptocurrency exchange that today declared bankruptcy…

Crypto sell-off resumes as weeklong FTX saga ends in bankruptcy filing

Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on…

Warner launches OUT OF ORDER, an emerging markets-focused record label led by Selina Chowdhury

Warner Music’s Emerging Markets division has launched a new label called OUT OF ORDER. The label…

Southwest Gas PT Lowered to $66 at Citi

Southwest Gas PT Lowered to $66 at Citi Source link

How do we accelerate awareness and adoption of Fintech, Web3, and Crypto? – Silicon Caribe

The past two years have been filled with big and unexpected events that have supercharged digital…

Binance chief Changpeng Zhao warns of ‘cascading’ crypto crisis

The $1tn digital asset market faces a crisis akin to the 2008 financial crash, according to…

Team behind Sam Bankman-Fried’s FTX Future Fund quit over possible ‘deception or dishonesty’

The team behind the FTX Future Fund, one of the exchange giant’s philanthropic arms, resigned on…