they were looking to salvage a terrible financial performance that it has been seen, but also for sony, which is also really facing stiff competition right now in the indian market from the likes of amazon, netflix as well as a potential merger between disney and reliance industries. these two giants were looking to come together and consolidate their presence against this competition, but of course it has now fallen through because there was no consensus it has been said between the two companies and who would lead the merged entity. zee of course wanted its current loss to be leading it. sorry of course had reservations about that because of a number of corporate governance cases that have been pending against him. so despite nearly two years of negotiations and a 30 day grace period, the deal has now fallen through. it doesn t look like this is the end because sony is now seeking a $90 million termination fee and zee has said it will go to the courts as well. we will have
on who would have led the merged entity, zee essentially wanted it to be opening but sony was opposed to that because of a number of regulatory cases that are pending against him, such as corporate governance. despite nearly two years of negotiations and a 30 day grace period, this deal which would have created one of india s largest media entities has fallen apart. there are large implications of this, particularly on zee. they have been battling quite a terrible financial performance over the past years, but also for sony, given the huge amount of competition in the indian market. both of them wanted to face up to this competition jointly, but now they will have two face the likes of amazon, netflix and also potentially a merged entity between reliance industries and disney, single handedly that is of course something that has been speculated that there will be a merger between reliance and disney. it doesn t look like the saga is going to end anytime soon because sony has
For nvidia long my favorite stock one i always say to own, dont trade. Yet i keep hearing about how to trade nvidia should you go long or short . The greatest avl intelligence play of our time one thats already changing the world with its borderline miraculous semiconductors. Should we declare victory, sell the darn thingup here . Maybe buy some more. And then it hit me why dont i just tell a dad joke so here goes [ rimshot yeah that is why my sisters names rose because your mother loves roses. Thanks, dad. No problem nvidia hallelujah plunging 606 points. Nasdaq tumbling. Nasdaq losing. 39 prs. We have to recognize there was one stock of one truly Great Company that frankly has nothing to do with the dow or the nasdaq or the fed for that matter that stock is nvidia it is quite simply much bigger than a Semiconductor Company much bigger than a can p, much bigger than the platform i owned my late rescue dog after because i didnt think enough people owned the stock. Who is nvidia, what i
We begin with a deadly day in pakistan. Nearly all of the victims, children, the eight hour gun battle took mace in the North Eastern city at the Army Public School and degree college, which has about 1100 students, the Pakistani Taliban has claimed responsibility for it. It is the deadliest attack since 2007, al jazeera has the latest they are taking the bodies to the residents where they will be preparing for the burials tomorrow morning. Of course, as you heard earlier, the military finally coming out with a statement, coming out with a figures and the number of people. The number of people who are asking as to how so many gunman can get into a school in such a secure area, with the military, the police, everybody present, and yet cause mahan by killing so many people. So there will be many questions as far as security in this country the checks that you see behind me, has received many even in the past, but this is for the first time that a school has been targeted in such an indis
Yes, even this man. It is wednesday night, and the big story on action news tonight is a diplomatic bomb shell. America and cuba will start the process of normal icing relations. The news started to unfold today with the release of American Government contract worker alan gross from five years in a cuban prison. Also released was a cuban spy spending 20 years in jail after working for the u. S. The American Government released three cuban prisoners, a swap, back in washington, gross smiled broadly to reveal missing teeth he lost while in jail. He a said his release is a game changer. Indeed, it might be. It turns out that pope francis, the worlds first latin american pope, hosted high ranking officials from washington and havana to talk about the Prisoner Exchange and those discussions expanded into normal icing relations. The the u. S. Economic embargo in cuba began in 1961, two years after the revolution that brought fidel castro to power but more and more officials are concluding th