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Sophia Lewis

1590 Posts
ESPN, Fox and Others to Launch Sports Streaming Service: What to Know

ESPN, Fox and Others to Launch Sports Streaming Service: What to Know

Disney, Fox and Warner Bros. Discovery announced on Tuesday that they would join together and sell access to all of the sports they televise through a new streaming service. It will be available this fall, but many other details, like price or who would run the service, are not yet known.The subtext of the agreement — and of most decisions media companies make — is that the cable bundle is collapsing. A decade ago, about 100 million homes in the United States subscribed to a package of cable or satellite television channels. Today, that number is around 70 million, and…
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President of Powerful Service Workers Union Will Step Down

President of Powerful Service Workers Union Will Step Down

Mary Kay Henry, the president of the Service Employees International Union, one of the nation’s largest and most politically powerful labor unions, announced Tuesday that she would step down after 14 years in her position.Ms. Henry was the first woman elected to lead the union, which represents nearly two million workers like janitors and home health aides in both the public and private sectors.Under her leadership, it launched a major initiative known as the Fight for $15, which sought to organize fast-food workers and push for a $15 minimum wage. Winning over skeptics in the ranks, Ms. Henry argued that…
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Snap Lays Off 10% of Its Work Force

Snap Lays Off 10% of Its Work Force

Snap, the parent of messaging app Snapchat, on Monday said it would lay off more than 500 employees, joining other tech companies in a wave of new cost-cutting measures.The layoffs amount to 10 percent of its global work force; the majority will occur in the first quarter of 2024. “We have made the difficult decision to restructure our team,” the company said in a securities filing, adding that it would take pretax charges of $55 million to $75 million, primarily for severance and related costs.Amazon, Google and Microsoft have announced layoffs this year, following tens of thousands across the sector…
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CNN’s New Morning Strategy: More News, Less Banter

CNN’s New Morning Strategy: More News, Less Banter

CNN spent years trying to compete in the cutthroat realm of chatty morning TV, cycling through formats in the hopes of catching up to breakfast-time staples like “Morning Joe” and “Good Morning America.”That experiment never quite caught on with viewers — and now it is coming to an end.In his first significant programming move since joining the network in the fall, Mark Thompson, CNN’s chairman, announced on Monday that the channel would exit the morning chat-show format by the end of the month. Instead, its morning lineup will focus on straight news coverage, the kind of bread-and-butter reporting that Mr.…
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Anxiety, Mood Swings and Sleepless Nights: Life Near a Bitcoin Mine

Anxiety, Mood Swings and Sleepless Nights: Life Near a Bitcoin Mine

On a sweltering July evening, the din from thousands of computers mining for Bitcoins pierced the night. Nearby, Matt Brown, a member of the Arkansas legislature, monitored the noise alongside a local magistrate.As the two men investigated complaints about the operation, Mr. Brown said, a security guard for the mine loaded rounds into an AR-15-style assault rifle that had been stored in a car.“He wanted to make sure that we knew he had his gun — that we knew it was loaded,” Mr. Brown, a Republican, said in an interview.The Bitcoin outfit here, 45 minutes north of Little Rock, is…
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A City Built on Steel Tries to Reverse Its Decline

A City Built on Steel Tries to Reverse Its Decline

Gary, Ind., was once a symbol of American innovation. The home of U.S. Steel’s largest mill, Gary churned out the product that built America’s bridges, tunnels and skyscrapers. The city reaped the rewards, with a prosperous downtown and vibrant neighborhoods.Gary’s smokestacks are still prominent along Lake Michigan’s sandy shore, starkly juxtaposed between the eroding dunes and Chicago’s towering silhouette to the northwest. But now they represent a city looking for a fresh start.More than 10,000 buildings sit abandoned, and the population of 180,000 in the 1960s has dropped by more than half. Poverty, crime and an ignoble moniker — “Scary…
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