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The FCC approval of the Paramount-Skydance merger actually finalized on Thursday, and this clears the way for the $8 billion acquisition after more than 250 days of review. The Federal Communications Commission voted 2-1 to approve this major media industry consolidation, which now enables Skydance Media to complete its takeover of Paramount Global within the coming weeks. CBS Faces DEI Ban as Chris McCarthy Exits in $8B Skydance Deal FCC approval breaking news – Source: NBC The Chris McCarthy resignation has become official as the Paramount co-CEO announced his departure following the FCC Paramount Skydance merger completion. McCarthy, who’s been with the company for 22 years, actually exercised change-of-control provisions rather than accept a reduced role under David Ellison’s leadership. The CBS DEI ban represents one of the key merger conditions right now. FCC Chairman Brendan Carr stated that Skydance committed to eliminating all diversity programs at the combine...

With memecoins regularly outperforming more established crypto projects, there’s plenty of evidence to back up the assertion that the cryptosphere often rewards attention over innovation. From crypto influencers dumping on their followers to SocialFi projects such as FriendTech, social media following can act as a proxy for value, especially for projects without their own token. Even crypto security auditors, supposedly behind-the-scenes players, are keen to try their hand at the social media game. Sometimes, at the expense of their credibility. Peckshield’s classic “you may want to take a look” has caused many a heart to sink over the years, typically accompanied by a transaction hash in which hackers have extracted millions of dollars of crypto-assets. Hi @MIM_Spell, you may want to take a look (w/ $6.49M Loss) pic.twitter.com/uHs0JweuoM — PeckShield Inc. (@peckshield) January 30, 2024 Read more: Magic Internet Money loses its sparkle as DeFi platform hacked for $6...

Ben Armstrong, formerly BitBoy, has once again proven that a little manufactured drama goes a long way after a video in which he simultaneously claims that he’s leaving crypto YouTube — while also confirming that he’ll continue to upload videos — racked up nearly 80,000 views in a single day. In the recently uploaded clip, titled ‘I’m Retiring From Crypto YouTube ,’ Armstrong claims that he’s probably not going to be doing a crypto livestream anymore. The statement, of course, comes with several caveats. For starters, given his use of the word ‘probably,’ there’s a chance that he’ll return to do livestreams sometime in the future. But even if he doesn’t, the title of the video is more than a little misleading given that he also clarifies that he’d still be uploading to his YouTube channel. Indeed, toward the end he specifies that he’ll “still have three videos a day, more videos coming.” During the video, Armstrong appears ...