Just after a few weeks of Operation, CNN+ is Terminated...
Uniic Media Newsletter - Friday - April 22, 2022
CNN+ to be Shut Down by Warner Bros. Discovery
The newly-combined company that includes CNN parent WarnerMedia and Discovery, is shutting down CNN+ according to Axios. The subscription streaming service will cease operations on April 30.
CNN+ launched just a few weeks ago with a $300 Million investment. It's being shuttered due to a strategic misalignment between Discovery executives and CNN executives.
Subscribe to Uniic Media Today and Never Miss out on being Informed
A Reuters poll from last year shows that among 46 countries polled, the U.S. ranks last in media trust. The big media is backed by money and only pushes agendas. I mean seriously, we have conservative networks making fools of themselves. We have liberal networks who are blatant hypocrites. We aren’t your traditional media…
Thanks for reading Uniic Media! Subscribe for free to receive new posts and support my work.
Ukraine Rebuilding Costs will be “Enormous” according to Yellen
The U.S. will provide $500 Million in immediate new economic aid to Ukraine, but Treasury Secretary Janet Yellen acknowledged yesterday that it’s only a fraction of what the war-ravaged country will need and said the administration will seek more money from Congress.
Yellen said she told Ukrainian Prime Minister Denys Shmyhal in a private meeting this morning that the Treasury would send the additional funds to help cover the government’s widening budget gap, which Ukrainian officials estimate could total $8 Billion this month alone.
America's Increasing Reliance on Foreigners to lend us Money could Crater the Dollar
The United States has borrowed $18 Trillion from foreigners since the Great Financial Crisis of 2008, a staggering sum that is nearly equal to America’s annual GDP. The notion that the dollar’s dominance in world finance might come to an end was a fringe view only five years ago when America’s net foreign investment position was a mere negative $8 Trillion.
Notably, the net international investment position fell by $6 Trillion between 2019 and 2022, roughly the amount of federal stimulus spent in response to the COVID-19 pandemic.
Morgan Stanley says the Bitcoin Lightning Network is superior to Visa
According to a report by Arcane Research, the network lets users make transactions instantly. It also records a staggering 410% growth every year. The usability suggests that the Lightning Network adoption has significantly increased, but there is still a question about its functionality on a large scale.
Chief Strategy Officer for the Human Rights Foundation, Alex Gladstein, reported the summary in a tweet. The report is a product of a recent partnership of Jack Maller’s Lighting Network company Strike and Shopify, NCR, and Blackhawk.