Cryptocurrency exchange FTX wants to take its marketing beyond headline-grabbing sports deals with the hiring of beauty entrepreneur Lauren Remington Platt as its new head of global luxury partnerships. Why it matters: For crypto to continue to enter the mainstream, it’ll need to get in front of more audiences. For

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Spotify on Wednesday debuted its first “bookcast” — an audio experience that blends story narration with with original music and sound. The premier bookcast features Dolly Parton and James Patterson, who together reimagined their book “Run, Rose, Run” in the new format. Why it matters: The deal shows that Spotify

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LinkedIn is piloting its own podcast network from top creators. The network will include original podcasts from LinkedIn’s news team. Why it matters: It’s the latest investment the company is making to lure professional creators to its platform. The company launched a global creator program last year. Details: The new

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A fire on the Felicity Ace, a cargo ship carrying luxury cars that is adrift in the mid-Atlantic, subsided Tuesday after burning for about six days, according to AP. Why it matters: The ship, which was destined for Rhode Island but caught fire off the coast of Portugal’s Azores Islands,

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Tegna, one of the largest U.S. local news broadcast companies, has sold to one of its largest shareholders, Standard General, in a $5.4 billion deal backed by private equity giant Apollo Global Management, the companies said Tuesday. Why it matters: Consolidation in local media has accelerated in recent years as

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The U.S. consumer magazine industry shrunk by more than 30% in the past five years, due largely to print advertising declines, per PwC data. But the rate of decline is expected to slow slightly in the next five years, thanks to new efforts from online media companies to acquire and

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The White House announced new moves Tuesday morning aimed at bolstering U.S. development and processing of key minerals used in electric cars and other energy applications. Why it matters: Demand for materials like lithium, cobalt, rare earth minerals and more is slated to soar in coming years and decades, and

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For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing. The intrigue: It’s elusive no more. The U.S. produced more petroleum than it

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To get inflation under control, auto assembly lines have to run full-throttle. And despite some positive data points, things still seem to be sputtering. Driving the news: On the plus side, inventories of cars and parts surged 6.9% in December — the biggest jump on record — following a couple

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How much is too much when it comes to CEO compensation? Driving the news: Apple wants to award CEO Tim Cook a $99 million pay package — but shareholder advisory firm ISS this week recommended a “no” vote. State of play: ISS says the package is too much — triple

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