Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Court approves Qoria merger

Published

on

Court approves Qoria merger

A merger between Perth cyber safety software developer Qoria and Boston-based Aura Consolidated Group has received the green light from the Federal Court of Australia.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Netflix, Disney, YouTube prepare to bid

Published

on

Netflix, Disney, YouTube prepare to bid

Folarin Balogun of the United States shoots during the FIFA World Cup 2026 Round Of 16 match between USA and Belgium at Seattle Stadium on July 6, 2026 in Seattle, Washington.

Mb Media | Getty Images Sport | Getty Images

As the FIFA World Cup captures massive global audiences, media companies are preparing to pay billions for the rights to the next two men’s tournaments.

Advertisement

Netflix, Disney and Alphabet’s YouTube are all interested in challenging Fox for the U.S. broadcast rights to the 2030 and 2034 World Cup, according to people familiar with the matter.

Amazon, which currently owns UEFA Champions League rights in the U.K., and Apple, which owns global MLS rights, could also enter the mix, further fueling a potential bidding war for the rights.

Discussions between FIFA and potential media partners are expected to begin sometime in the next three months, according to people familiar with the matter.

FIFA has alerted media companies during preliminary talks, which began earlier this year, that English- and Spanish-language U.S. rights are likely to be sold together, rather than separately as they have been for previous Cups including 2026, according to the people, who asked not to be named because the discussions are private.

Advertisement

Fox paid $485 million for the English-language rights for this year’s tournament, hosted across North American cities, according to The Athletic. NBCUniversal’s Telemundo paid $600 million for the Spanish-language rights, according to people familiar with the matter.

Executives at various media companies are budgeting between $1.5 billion and $2 billion for the U.S. rights to each tournament across languages, said the people. The last time FIFA negotiated a deal, with Fox and Telemundo, was in 2011. Four years later, FIFA extended that deal through 2026.

Get the CNBC Sport newsletter directly to your inbox

The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox.

Subscribe here to get access today.

Advertisement

FIFA won’t sell global rights to the tournament, because different countries have regulations that mandate the World Cup must be sold over the air. But U.S. rights will be coveted, with major viewership and advertising opportunities.

Netflix, Disney and YouTube all view the World Cup as a potential major boost for their streaming services, according to the people familiar.

Disney could also air games on ESPN and ABC, which could be appealing to FIFA as the broadcast on Fox has seen strong ratings this year. FIFA has already shown interest in Netflix by awarding it the Women’s World Cup in 2027 and 2031.

Spokespeople for FIFA, Netflix, YouTube and Disney declined to comment.

Advertisement

Selling one package

Selling the English- and Spanish-language rights as a single package could help FIFA garner a higher price, driving up bids from eager media partners looking for big ratings. The combined TV audiences for U.S. games in recent weeks have rivaled NFL playoff games.

It could also help eliminate some tensions between rival media companies airing the same games.

Though Telemundo bought only the Spanish-language rights through 2026, it has claimed some unknown population of English speakers watching games in the U.S. via the Peacock streaming service, dampening Fox’s World Cup reach.

Peacock charges just $10.99 per month, while Fox’s streaming service, Fox One, costs $19.99 per month.

Advertisement

Telemundo also signed actor Owen Wilson, who isn’t Latino or known for speaking Spanish, as a spokesperson for the Spanish-language coverage of the World Cup, blurring the lines for an American audience that speaks both English and Spanish.

If English- and Spanish-language games are sold together, NBCUniversal isn’t likely to compete for the rights at a price nearing $2 billion, according to people familiar with the matter. That would remove Telemundo as a future partner.

Comcast announced last month it intends to spin out NBCUniversal, putting more investor focus on its future finances. NBCU already pays billions per year for the NFL’s “Sunday Night Football” and NBA basketball. An NBC spokesperson declined to comment.

Leaving U.S. time zones

Both the 2030 and 2034 World Cup are in less appealing time zones for U.S. TV viewership than this year’s World Cup, which is taking place in the U.S., Mexico and Canada.

Advertisement

The 2030 World Cup will take place in Morocco, Portugal and Spain, where there is a five- or six-hour time difference with the U.S. Eastern time zone. The 2034 World Cup will be hosted by Saudi Arabia, where the time difference is even more dramatic.

Still, the outsized ratings for this year’s World Cup will likely drive the price significantly higher.

Last week’s U.S. victory over Bosnia and Herzegovina was the most-watched soccer telecast in English-language history, averaging more than 26 million viewers, according to Fox Sports.

Another 9.8 million viewers watched the game on either Telemundo or Peacock.

Advertisement

Monday night’s game between the U.S. and Belgium will likely report even higher ratings. While Nielsen ratings haven’t been released, the combined English and Spanish audiences for the U.S.-Belgium game averaged 47.9 million viewers, according to estimates from AdImpact. 

Even non-U.S. games have drawn big audiences. More than 11 million viewers watched Portugal vs. Croatia on Fox, making it the most-watched non-finals game in U.S. history that didn’t involve the U.S. team.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Continue Reading

Business

US stocks today: S&P 500, Nasdaq end lower as AI worries hit chipmakers

Published

on

US stocks today: S&P 500, Nasdaq end lower as AI worries hit chipmakers
The S&P 500 ended lower on Tuesday, weighed down by losses in Micron Technology and other chipmakers due to mounting doubts about the sustainability of Wall Street’s AI-driven rally. Chip stocks in ‌Asia and the ⁠United States ⁠dropped after memory chip giant Samsung Electronics’ blowout earnings report failed to satisfy investors with sky-high expectations.

Micron and Sandisk both ​fell, pulling the PHLX chip index lower. Adding to worries about high-flying chipmakers, Reuters reported that Chinese startup DeepSeek ​is developing its own AI chip, a push that could reduce its dependence on Nvidia and Huawei chips.

According to preliminary data, the S&P 500 lost 34.07 points, or 0.45%, to end at 7,503.36 ​points, while the Nasdaq Composite lost 310.06 points, or 1.19%, ⁠to 25,811.10. The ‌Dow Jones Industrial Average fell 140.30 points, or 0.26%, to 52,915.61.

Tuesday’s chip ​selloff marked the ​latest bout of volatility among memory chipmakers and other AI-related stocks as ⁠investors worry that sharp gains related to the buildout of AI ​data centers may have left the shares too pricey.

Advertisement

“The story of today ​is the story of the last few weeks, and that’s rotation after the blistering run in the AI buildout, semis and memory. Expectations have gotten to be almost impossible to beat for these companies,” said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte, North Carolina. Another test of the appetite for chip stocks looms on Friday, when South Korean giant SK Hynix’s ‌U.S. listing starts trading on the Nasdaq. Elon Musk’s SpaceX fell in its first day of trading as part of the Nasdaq 100 index, and after a ​wave of brokerages initiated ​coverage on the stock.


The ⁠Dow ended lower after hitting an all-time high earlier in the session. Oil prices rose following reports of attacks on vessels near the Strait of Hormuz. Fiserv climbed after media reports that the firm ​had held discussions with U.S. banks including JPMorgan and Bank of America to sell its payments infrastructure business handling debit card transactions.
U.S. Federal Reserve watchers will get another glimpse into how new Chair Kevin Warsh steers the central bank when it releases the minutes of its latest meeting on Wednesday, the first of his tenure.

Continue Reading

Business

Ring Energy: Taking Advantage Of The Situation

Published

on

Bonterra Energy: Charlie Lake Is The New Core Area

Ring Energy: Taking Advantage Of The Situation

Continue Reading

Business

Why This Bank of America Strategist Predicts the S&P 500 Will Drop During the Second Half of 2026

Published

on

Why This Bank of America Strategist Predicts the S&P 500 Will Drop During the Second Half of 2026

Why This Bank of America Strategist Predicts the S&P 500 Will Drop During the Second Half of 2026

Continue Reading

Business

SSI beneficiaries receive 2 direct deposit payments in July 2026

Published

on

SSI beneficiaries receive 2 direct deposit payments in July 2026

Some Social Security beneficiaries will receive two checks this July as a quirk in the calendar shifted the payment timeline for an adjacent month.

The Social Security Administration (SSA) ordinarily disburses payments for Supplemental Security Income (SSI) on the first day of a given month. The SSI program provides monthly payments to certain older adults who have little or no income, as well as to disabled individuals, which differentiates it from Social Security’s standard retirement benefits.

Advertisement

When the first of the month falls on a weekend or a federal holiday, SSI payments for that month are made on the last business day of the preceding month to ensure that beneficiaries have received their funds before the new month begins, and they face potential expenses.

Due to the way the 2026 calendar falls, two SSI payments will go out in July – one went out last week on July 1, while another will go out on Friday, July 31, for the month of August because Aug. 1 falls on a Saturday.

SOCIAL SECURITY RECIPIENTS COULD SEE A BIGGER COST-OF-LIVING ADJUSTMENT IN 2027 AS INFLATION RISES

People wait in line for Social Security checks

Some Social Security beneficiaries will receive two months of benefit checks in July due to a calendar quirk. (Getty Images/stock)

The 2026 calendar will cause this dynamic to play out two more times this year for SSI payments.

Advertisement

Both October and December will see a pair of SSI payments go out to beneficiaries due to November 1 falling on a weekend and January 1 being a federal holiday on a Friday.

LARRY FINK CALLS FOR SOCIAL SECURITY REFORM, SAYS INVESTING A PORTION OF FUNDS COULD STRENGTHEN THE PROGRAM

Social Security Administration building

SSA adjusts payment dates for Supplemental Security Income (SSI) benefits based on the calendar and when the start of the month falls. (Stefani Reynolds/Bloomberg via Getty Images)

SSI payments are typically made via direct deposit, though beneficiaries without bank accounts or who want to receive the funds through a different mechanism can get them on Direct Express cards.

SSA moved to discontinue paper checks at the end of the federal government’s last fiscal year in September following a Trump administration order earlier in 2025 that mandated all federal payments transition to electronic transfers, such as direct deposit to bank accounts or transfers to debit cards.

Advertisement

HOW SOCIAL SECURITY RECIPIENTS CAN BOOST THEIR BENEFIT CHECKS

Woman with walker heads into Houston Social Security office

Most Social Security benefits are paid via direct deposit. (Mark Felix/The Washington Post)

Data from the SSA showed that as of last September, more than 68 million Americans were receiving Social Security benefits and of that figure, around 390,000 or 0.6% were receiving paper checks.

The SSA website offers methods by which beneficiaries can enroll in direct deposit through the My Social Security platform, or by phone through either the SSA or the Treasury Department’s electronic payment solution center.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Advertisement
Continue Reading

Business

SpaceX, SK Hynix, and 2 More Unknown Factors Threatening Markets This Week. Four Other Things to Know Today.

Published

on

SpaceX, SK Hynix, and 2 More Unknown Factors Threatening Markets This Week. Four Other Things to Know Today.

SpaceX, SK Hynix, and 2 More Unknown Factors Threatening Markets This Week. Four Other Things to Know Today.

Continue Reading

Business

Form 4 Arrive Ai Inc For: 7 July

Published

on


Form 4 Arrive Ai Inc For: 7 July

Continue Reading

Business

Perfect Snacks introduces oat-based protein bar

Published

on

Perfect Snacks introduces oat-based protein bar

Oaties deliver 8 grams of protein.

Continue Reading

Business

Form 4 Kodiak Gas Services Inc For: 7 July

Published

on


Form 4 Kodiak Gas Services Inc For: 7 July

Continue Reading

Business

Chip Stocks Drive Market Rally as Nasdaq Futures Jump

Published

on

Barron's

U.S. stock futures looked set to open in the green early Monday, with the technology sector driving the gains.

Corporate news is set to dominate the headlines in a light week for economic data, with the exception of Wednesday’s release of the Federal Reserve’s minutes from its June monetary-policy meeting.

Nasdaq 100 futures were gaining 1.1%, S&P 500 futures were rising 0.5% and Dow Jones Industrial Average futures were slipping 28 points, or 0.1%.

Continue Reading

Trending

Copyright © 2025