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Sinclair Backs Down, Will Resume Airing 'Jimmy Kimmel Live' on Local Stations
Product Reviews

How Many Streaming Subscribers Did Disney Lose After Suspending Kimmel?

by admin September 29, 2025



Disney lost 1.7 million paid streaming subscribers who cancelled service in the immediate aftermath of ABC pulling Jimmy Kimmel from the airwaves, according to journalist Marisa Kabas. Kimmel’s show, Jimmy Kimmel Live, was suspended for a week after President Donald Trump’s FCC pressured local TV stations to drop the late-night host, though he’s since been returned to the air.

“Disney saw more than 1.7 million total paid streaming cancelations during the period 9/17-9/23, a Disney source confirms to me. The total includes Disney+, Hulu and ESPN,” Kabas wrote on Bluesky Monday.

Kabas reports that 1.7 million was 436% above a subscriber loss that’s typical for the same period, though Disney didn’t immediately respond to Gizmodo’s questions about the report. Kabas broke a story last week in The Handbasket about a planned price increase for Disney+. Disney announced Kimmel was coming back shortly before the price increase was officially announced.

Calls to cancel Disney-owned streaming services went viral across several social media platforms as a way to express discontent with Disney’s decision. And it’s not clear how many subscribers may plan to return since Kimmel is back on the air.

Jimmy Kimmel’s show became a flashpoint for the culture wars after the murder of MAGA influencer Charlie Kirk on Sept. 10, when he was shot while speaking on a college campus in Utah. Kimmel made a comment that some interpreted as the host insisting that the shooter was a Trump supporter, even though Kimmel said it’s not what he intended.

But that comment sent off a flurry of confused outrage online, and FCC chairman Brendan Carr took the opportunity on Benny Johnson’s podcast to call Kimmel’s comment “some of the sickest conduct possible.” Carr then went on to make mobster-like threats against the TV stations that air Kimmel.

“Frankly, when you see stuff like this, I mean, we can do this the easy way or these companies can find ways to change conduct… to take action, frankly, on Kimmel or there’s going to be additional work for the FCC ahead,” said Carr.

Carr’s comments were obviously made in bad faith, but they were very predictable. President Trump celebrated Stephen Colbert’s cancellation at CBS over the summer and explicitly said that Kimmel would be “next,” along with Jimmy Fallon and Seth Meyers at NBC. Trump has seethed at comedians who make fun of him, a typical reaction among autocrats historically. And his FCC clearly feels emboldened to put pressure on media companies to get rid of any content that doesn’t fully support the president.

Trump even said on Air Force One recently that any TV network that criticizes him should lose its license, falsely insisting, “they’re not allowed to do that.” People can go on TV to criticize politicians all they like, which is considered protected speech under the First Amendment to the U.S. Constitution.

Kimmel’s show returned to the air last week and, despite a couple of days with Sinclair and Nexstar preempting the show in several markets, they eventually dropped their boycott. Local ABC affiliates in the U.S. all show Jimmy Kimmel Live now, though it seems clear that Trump and his government aren’t going to give up so easily.

Any dissent on TV is too much dissent for Trump. And the famously thin-skinned president will continue to erode freedoms in the U.S. as long as he remains in power. The only question is what lever he tries to pull next to get guys like Kimmel off the air.



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September 29, 2025 0 comments
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Bitcoin Might Lose $100,000 Level If This Happens
Crypto Trends

Bitcoin Might Lose $100,000 Level If This Happens

by admin September 26, 2025


Although the Bitcoin bull run has been consistently interrupted by recurring price dips, the leading cryptocurrency has now held above the $100,000 mark for 142 consecutive days. 

While this seems impressive, this record is on the verge of closing, according to a Bitcoin price prediction issued by crypto analyst Ali Martinez.

The analyst shared a chart showing Bitcoin hovering around $109,300 as of September 26 — a significant pullback from recent highs witnessed above $116,000.

Marked by historical price actions, the chart highlights $107,200 as an important support level for Bitcoin, which could determine its next price move.

Bitcoin to retest $100,000?

According to the analyst, Bitcoin is at risk of retesting its six-figure streak if the leading cryptocurrency closes below the $107,200 support level. The analyst emphasized that a dip below this support level might see Bitcoin retest $100,000 or possibly fall as low as $93,000 — a level not seen since May 2025.

As of writing, Bitcoin is trading around $109,033 — a notable decrease of 2.07% over the last day, according to data from CoinMarketCap.

Source: CoinMarketCap 

While the asset shows no sign of a possible resurgence soon, market watchers are worried that Bitcoin is close to breaking the specified support zone, putting it at risk of retesting $100,000 again.

Notably, Bitcoin’s resilience above $100,000 for the last 142 days is attributable to growing institutional interest and consistent inflows recorded by the spot Bitcoin ETF.

However, recent market trends show the leading cryptocurrency losing momentum amid high profit-taking activities among holders and rising exchange inflows, which suggest that traders are beginning to exercise caution.

Although large corporations like MicroStrategy and BlackRock have remained resilient in their Bitcoin accumulation strategies, the Bitcoin ecosystem is still faced with high selling pressure, causing its price to fall below previous lows.

Nonetheless, analysts have suggested that a decisive hold above $107,200 could restore confidence in the Bitcoin ecosystem, allowing the cryptocurrency to maintain its close above $100,000 and potentially never retest that level again.



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September 26, 2025 0 comments
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crypto
Crypto Trends

Over 200 Residents Lose Crypto In South Korea Tax Crackdown

by admin September 23, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cheongju city authorities have moved to collect unpaid local taxes by seizing cryptocurrencies from residents, according to reports. Since 2021, officials say they targeted 203 people who failed to pay local levies.

Of those, crypto from 161 individuals was already frozen or taken, with the city estimating the recovered value at about 1.5 billion won (roughly $1.1 million).

City Opens Exchange Account

According to city statements, Cheongju created a trading account on a domestic crypto exchange to make seizure and conversion easier. The change matters because it lets officials not only freeze assets but also sell them and apply the proceeds to overdue tax bills.

Officials told reporters they now have a clearer path to turn crypto holdings into cash for tax recovery.

How The Seizures Are Carried Out

Reports describe a multi-step process. Tax offices identify residents with unpaid bills. They then request information from exchanges to see whether those people hold virtual assets.

When ownership is confirmed, exchanges are ordered to suspend transactions or to transfer the assets to the municipal account. If the taxpayer does not settle the debt, the city may liquidate the holdings and use the proceeds to cover what is owed.

As of today, the market cap of cryptocurrencies stood at $3.85 trillion. Chart: TradingView

Other Local Governments Have Taken Similar Steps

Several other South Korean cities and districts have used similar tactics. Jeju City investigated 2,962 people for unpaid taxes and found 49 of them holding crypto worth about 230 million won.

Jeju’s wider unpaid-tax list totaled about 19.7 billion won. Gwacheon, in Gyeonggi Province, built an “electronic virtual asset seizing system” and has recovered roughly 300 million won over recent years, targeting residents who owe more than three million won in local taxes.

Paju sent notices to 17 people who owed about 124 million won and has previously seized around 100 million won in similar cases.

Implications And Concerns

The moves underline how local governments are pressing exchanges for data and exercising legal powers to collect taxes. Some citizens and observers worry about transparency and due process.

Questions include how quickly exchanges must act, whether taxpayers receive fair notice, and how volatility is handled when assets are sold. Reports also note growing use of data tools, including AI, by some cities to find undeclared holdings.

City Officials Say They Want Compliance

Based on reports, city leaders framed the actions as an effort to stop tax evasion through virtual assets. They have warned residents that cryptocurrency cannot be used to hide from tax obligations.

Still, legal challenges could arise, and appeals from affected residents may push some cases into the courts.

Featured image from Unsplash/Matthew Schwartz, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 23, 2025 0 comments
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Crypto Market Prediction: XRP to Lose Even More at $2? Bitcoin Price Fading at $115,745, Ethereum (ETH) Can Hit $5,000 in Blink
NFT Gaming

Crypto Market Prediction: XRP to Lose Even More at $2? Bitcoin Price Fading at $115,745, Ethereum (ETH) Can Hit $5,000 in Blink

by admin September 22, 2025


The market is rapidly losing traction as XRP and Bitcoin clearly showing problematic tendencies: Bitcoin is losing steam with RSI reversing down, and XRP is moving steadily in a descending price channel. On the other hand, Ethereum could be ready to hit the $5,000 mark sooner than anticipated.

XRP struggling, but can blow up

As the asset continues to struggle inside a descending channel that has been pushing it lower for weeks, XRP’s price action is giving holders cause for concern. XRP is currently trading close to $2.97 after losing the crucial $3 mark, and technical indicators imply that more suffering might be on the way.

XRP/USDT Chart by TradingView

Additionally, the moving averages are not providing much respite. The 200-day EMA (black), which is still well below current prices and could serve as a long-term support zone around $2.58, is tilting downward. In a more bearish extension, XRP might be pulled closer to the $2.50-$2.60 range, and if selling momentum increases, it might return to the $2.80 zone.

The absence of significant buying volume is another factor contributing to the pressure. The lack of conviction in recent rallies indicates that market players are hesitant to intervene forcefully at the current levels. Before XRP reaches oversold territory, there is still opportunity for decline as indicated by the mid-range RSI.

A breakout above $3.10-$3.20 would be necessary for bulls to change their stance and test the channel’s upper boundary. The path of least resistance continues to be downward in the absence of it.

In summary, the technical structure of XRP indicates that it may continue to decline. Should the descending channel continue, the asset may find itself moving closer to $2.80 and then $2.50, which would negate a large portion of its recent bullish recovery.

Bitcoin enters stalemate?

The price of Bitcoin is stalling at about $115,745, suggesting that the most recent rally may be coming to an end. Bitcoin is currently exhibiting warning signs that the momentum may be waning following a steady recovery from September lows.

Among the most obvious warning signs is the Relative Strength Index (RSI), which has begun to turn around after momentarily approaching overbought levels. At this point, the indicator is in a neutral range, suggesting that buying pressure is waning. RSI reversals at the peak of local rallies frequently signal a pullback, particularly when price action is having difficulty pushing higher.

BTC/USDT Chart by TradingView

The low volatility at present levels is another issue. Nearing its local peak, Bitcoin is trading in a narrow range, which typically denotes indecision. Traders lock in profits when this kind of sideways chop near resistance resolves with a downside break. Volume also shows this cooling momentum, as activity spikes are diminishing, making a retracement of the market possible.

Technically, the 20-day EMA (green) has served as short-term support, but if selling pressure increases, the larger structure points to a potential retest of the 50-day EMA (blue) at $114,000, or even the 200-day EMA (black) at $105,900. Losing these levels would indicate that this rally was only a relief bounce and not the beginning of a long leg higher, so it’s important to keep an eye on them.

Bitcoin seems more exhausted than strong at its current consolidation level around $115,745. The most likely scenario is a short-term pullback with downside targets between $114,000 and $112,000 unless buyers quickly regain momentum. Bitcoin may experience a more severe correction back toward the $106,000 mark if macro liquidity also cools.

Ethereum’s hidden power

Ethereum appears to be poised for a significant volatility breakout as it coils up inside a symmetrical triangle. Since the price of ETH is currently trading above $4,450, a significant move could occur soon, and $5,000 is still the obvious upward target.

The daily chart shows that ETH has been steadily rising since the middle of summer, helped along by the green 20-day and blue 50-day EMAs. The upward slope of these moving averages indicates that the trend is still very strong. More significantly, the triangle pattern’s price compression indicates that the market is getting ready to expand. Such consolidations have historically ended with explosive volatility, frequently pushing ETH into a new trading range.

The upper boundary of the triangle meets recent rejection candles at the key breakout level, which is located between $4,600 and $4,700. It appears very likely that ETH will make a quick run toward $5,000 if it breaks above this zone with volume confirmation. The asset would probably be pulled back toward the 200-day EMA at about $3,850 if the $4,300-$4,250 support band were broken, invalidating the bullish structure.

The Relative Strength Index (RSI), which is still neutral and indicates that there is still space for buyers before the situation becomes overextended, supports the bullish argument. With momentum accelerating without overheating, ETH is now in a sweet spot.

While market sentiment will be a factor, Ethereum’s own fundamentals — particularly DeFi activity and staking flows — will be the main driver. ETH might be the asset to take the lead in the upcoming market segment, since Bitcoin is beginning to show signs of exhaustion.

The triangle of Ethereum is, in essence, the quiet before the storm. If bulls seize the breakout, traders should be ready for significant volatility in the future, with $5,000 firmly in play.



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September 22, 2025 0 comments
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Coinbase Might Lose Its Dominance as Competition Heats Up
GameFi Guides

Coinbase Might Lose Its Dominance as Competition Heats Up

by admin September 15, 2025


  • Coinbase’s stock stumbles
  • Growing competition

According to a recent report by the Financial Times, the Coinbase exchange is at risk of losing its dominance due to the White House’s enthusiasm for crypto, which has enabled “mounting competition.”

Bitwise’s Ryan Rasmussen has told the FT that the U.S. exchange giant might be losing its head start.

Coinbase’s stock stumbles

You would not be able to tell this based on Coinbase’s stock performance. In July, as reported by U.Today, the company’s shares hit a new record high for the first time since its initial public offering in 2021.

The stock has suffered a roughly 33% correction since the all-time peak of $444. That said, it is still up by 25% since the start of the year, and up 178% from its 2024 low.

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The stock is under some pressure due to underwhelming earnings recorded during the second quarter of the year.

Growing competition

Intense competition, which is possible because of new crypto-friendly U.S. rules, poses an acute challenge to Coinbase, according to various analysts.

On top of facing increasing rivalry in the trading sector from Asian exchanges, Coinbase’s custodian business is also being threatened by traditional finance players of the likes of BNY Mellon.

That said, some industry participants believe that more competition will actually be a positive development since having just one major custodian would be risky.

However, the company is not asleep at the wheel as it continues to diversify its business avenues with the recent acquisition of crypto options giant Deribit. Moreover, the exchange is also wading into tokenized stock trading.



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September 15, 2025 0 comments
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Bitcoin Price Rejected at $113,000, Spot BTC ETFs Lose $400 Million in Two Days, Open Interest Stagnates: Bitcoin Hot News Recap
NFT Gaming

Bitcoin Price Rejected at $113,000, Spot BTC ETFs Lose $400 Million in Two Days, Open Interest Stagnates: Bitcoin Hot News Recap

by admin September 6, 2025


Bitcoin (BTC), the largest cryptocurrency, is taking a breath before the next phase of its rally. While all major metrics are stagnating, some macro indicators hint at a possible 50% upside for the crypto king’s price.

Bitcoin (BTC) price brutally rejected at $113,000

Bitcoin (BTC), the first cryptocurrency, failed to expand its rally to over $113,000. Yesterday, Sept. 5, 2025, its price jumped by 2%, but was stopped by bears. Immediately after touching the resistance level, it dropped back to $110,300.

Image by CoinMarketCap

At press time, Bitcoin’s (BTC) price has stabilized at around $110,900 on major spot trading platforms. In the last 24 hours, Bitcoin (BTC) is up by a negligible 0.24%.

The rest of the cryptocurrency market is also stagnant today. The aggregated capitalization of digital assets added 0.19% and hit $3.81 trillion in equivalent.

The cryptocurrency’s Fear and Greed Index dropped to 48/100, which is considered to be a “Neutral” indicator. As per CoinMarketCap, the cryptocurrency’s RSI sits at 48.46, which also signals about the market being at a crossroads.

In the last 24 hours, the cryptocurrency’s liquidations were below $100 million, which is an indicator of market apathy.

Spot Bitcoin ETFs log $400 million in outflows in two days

Exchange-traded products on spot Bitcoin (BTC) are witnessing outflows in recent sessions. On Sept. 4-5, U.S. BTC ETFs lost almost $400 million in equivalent.

On Sept. 4, 2025, $227 million was withdrawn by investors, followed by $160 million erased the next day. As a result, the aggregated spot Bitcoin ETFs AUM dropped to $144.5 billion.

BlackRock’s IBIT, Grayscale’s GBTC and Bitwise’s BITB are the three most affected ETFs; combined, they lost about $150 million in just one session.

As covered by U.Today previously, spot Bitcoin ETFs have been losing traction since early July 2025. Investors’ pessimism might be a signal of liquidity migration to alternative TradFi products, precious metals and stocks.

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At the same time, Ethereum spot ETFs were hit even harder last week. In seven days, spot Ether ETFs lost over $787 million in AUM, which makes this week the most painful for the segment ever.

Since Ethereum spot ETFs were launched in July 2024, its ecosystem has not been hit by such a massive liquidity outflow.

Bitcoin OI stuck in $79-$85 billion corridor for seven weeks

At the same time, this might be just a rebalance since spot ETH ETFs investors injected $2.8 billion in liquidity during the second week of August.

Meanwhile, Bitcoin’s open interest — the total USD-denominated value of all derivatives contracts that are not closed yet — has been stagnating since July.

As of printing time, the aggregated Bitcoin futures OI sits slightly below $80 billion in equivalent. In the last couple of weeks, it has remained almost unchanged. After reaching its peak at $88 billion on July 16, 2025, it started slowly declining.

Binance (BNB), the largest cryptocurrency exchange by trading volume and user count, is responsible for $14 billion out of this value.

For Ethereum futures, the net open interest has been sitting at $60 billion in equivalent for three weeks in a row. As such, markets might be confused about performance prospects for both assets.

Bitcoin (BTC) to $185,000? Here’s what Tephra Digital BTC/M2 model says

Despite sending mixed signals to its audience, Bitcoin (BTC) can still expand its rally over $150,000 per BTC easily. As a recent model by Tephra Digital asset management firm demonstrates, Bitcoin (BTC) closely follows the M2 metric — the aggregated volume of the U.S. money supply.

If Bitcoin’s lagged M2 and gold correlations hold, the rest of the year could be very interesting. Charts below point to $167k–185k. pic.twitter.com/JJ2PvLcubn

— Tephra Digital LLC (@Tephra_Digital) September 3, 2025

The analyst noticed that Bitcoin (BTC) follows M2 and gold price fluctuations with the lag of 100-200 days. Given that fact, the global cryptocurrency community should be prepared for an extremely bullish Q4, 2025.

Based on these assumptions, Bitcoin’s (BTC) price can naturally reach $167,000-$185,000 by the end of this year.

Bitcoin’s (BTC) price set its current ATH at $124,457 on Aug. 14, 2025. As of now, it is trading 11% below the record price.





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September 6, 2025 0 comments
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Bitcoin (BTC): Be Ready to Lose $100,000, Ethereum (ETH): Bounce Hinges on $4,000, Shiba Inu (SHIB): Awaiting Explosion or Zero Again?
GameFi Guides

Bitcoin (BTC): Be Ready to Lose $100,000, Ethereum (ETH): Bounce Hinges on $4,000, Shiba Inu (SHIB): Awaiting Explosion or Zero Again?

by admin September 3, 2025


Bitcoin, Ethereum and Shiba Inu are waiting for BTC to test critical support with the risk of losing $100,000, ETH is consolidating after its surge toward $4,000, and SHIB is coiling in a triangle pattern that could push volatility to new heights and price to the sky or a zero, if volume finally comes back. Prepare for decisive entries and exits as these setups reach their tipping points.

Bitcoin’s goodbye

Bitcoin is barely surviving, and the charts indicate that the $100,000 mark is in grave danger. BTC has been declining steadily since an unsuccessful attempt to recover highs above $120,000, losing an important moving average support in the process. The recovery from $108,000 to $110,000 has temporarily eased the situation, but there is still little momentum and a significant downward risk.

BTC/USDT Chart by TradingView

Technically speaking, Bitcoin remains below its 50-day moving average, indicating that the short-term bullish momentum has subsided. The market may break down into double-digit territory, and the 200-day EMA, which is currently at $104,000, is the last important line of defense.

Volume patterns highlight this setup’s vulnerability even more. Trading activity has declined in recent sessions, indicating that buyers are not acting decisively. With no obvious bullish divergence, the RSI is still muted and hovers close to oversold territory. This indicates that Bitcoin lacks the technical strength that typically supports a significant reversal.

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Additionally, the larger market environment isn’t offering much assistance. The dominance of Bitcoin is still under threat, despite the fact that some altcoins have proven resilient. This suggests that money is moving less into Bitcoin in particular. Deeper corrections are made more likely by macro uncertainty and decreased liquidity.

As support levels wane, be prepared to lose $100,000. In the absence of Bitcoin recovering $114,000 and maintaining momentum above it, the path of least resistance indicates a decline. A drop below six figures would be a psychological blow to market sentiment as well as a technical failure, with the potential to bring down the entire cryptocurrency market.

Ethereum cools off

Following its spectacular surge to $5,000, Ethereum has cooled off and is currently consolidating at $4,300. Ethereum may be preparing for a comeback, according to the charts, even though the pullback has made some traders cautious — that is, if it can maintain a crucial level: $4,000.

The 20-day EMA is serving as the short-term buffer as ETH tests its short-term supports at the moment. The 50-day EMA near $4,050, which has historically functioned as a dependable pivot during retracements in robust uptrends, is the more important line to keep an eye on.

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Compared to the buying craze in early August, volume has slowed, suggesting that the market is cooling. This does not necessarily mean that the market is bearish, because periods of lower volume frequently come before accumulation phases, which allows big buyers to get back in before the next leg higher.

Since the RSI is close to neutral, Ethereum has space to rise if buyers take back control. The critical $4,800-$5,000 resistance zone would be the next upside target if ETH holds $4,000 and buyers intervene at the 50 EMA. If that range were broken, it would be confirmed that the overall upward trend would continue.

Shiba’s volatility to surge

As the price action of Shiba Inu (SHIB) keeps compressing inside a symmetrical triangle pattern, the coin is about to enter a critical phase. SHIB, which is currently trading at $0.0000123, is getting close to the formation’s tip where volatility usually spikes and key moves take place. With this configuration, traders wonder if SHIB will soar higher or plummet to another zero.

Under strong resistance, SHIB has been consolidating for months, with the 200-day moving average at $0.0000140 serving as a ceiling. The token has not succeeded in making a breakthrough despite numerous attempts. The market is now building momentum for a breakout as the triangle gets smaller.

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The following are the options from here:

  • SHIB may initiate a wave of short covering and rekindle buying interest if it breaks above the triangle’s upper boundary. A breakout above the 200-day SMA would confirm a reversal and possibly pave the way for a larger rally. Other important upside targets are $0.0000130, $0.0000140 and $0.0000150.

  • Selling pressure is likely to increase if $0.0000120 is broken, with an immediate decline toward $0.0000110. SHIB could add another zero if that level is lost, pushing the token into even more bearish territory. The tightening triangle should cause traders to anticipate increased volatility, even in the absence of a clear breakout. Both bulls and bears may be trapped by abrupt intraday swings until a distinct direction becomes apparent.

  • The mid-40s RSI indicates that SHIB is neither overbought nor oversold, allowing for potential movement in either direction. The market is still waiting for a trigger, as evidenced by the muted trading volumes in the interim.

To summarize everything: BTC remains playable only if it reclaims $114,000 or bounces at $104,000, with an exit on a close below $100,000. ETH offers opportunity at $4,000-$4,050 or on a breakout above $4,800, with risk cut under $3,950 and profits capped near $5,000. SHIB’s entry sits above the $0.0000130-$0.0000140 resistance, while failure of $0.0000120 is the exit cue. Across all three, momentum and volume confirmation are crucial, as each chart is positioned for a strong directional move rather than sideways drift.



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September 3, 2025 0 comments
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YouTube TV could lose Fox channels this week
Gaming Gear

YouTube TV could lose Fox channels this week

by admin August 26, 2025


With the start of the NFL season looming, it’s also a window where many TV contracts are up for renewal, and on Monday evening, YouTube TV and Fox sent out alerts indicating that their contract could come to an end as soon as August 27th, at 5PM ET. Google-owned YouTube TV says that “Fox is asking for payments that are far higher than what partners with comparable content offerings receive,” while Fox claims that “Google is attempting to use its market power to pressure FOX to agree to unfavorable and one-sided terms, prioritizing their own interests over a fair agreement for its customer.”

Channels at risk include Fox News, Fox Business, Fox Sports, and the Big Ten Network. But in areas where Fox also owns the local broadcast network, a disruption could also cost viewers access to a chunk of NFL games, which is why the contract is up for renewal now. Awful Announcing points out that the first big game on the slate is a college football matchup, Texas vs. Ohio State on Saturday, before week one of NFL games starts the following weekend.

Other than navigating the shrinking reach and influence of traditional cable TV, another complication for a new deal could be Fox’s just-launched Fox One direct-to-consumer streaming package, which currently includes access for pay TV subscribers at no additional charge to them over their existing bill. It’s unclear how that might affect the negotiations, or outbursts from Trump and other politicians if Fox News is unavailable to YouTube TV’s subscribers, which analyst MoffettNathanson recently estimated at 9.4 million.

YouTube TV’s announcement says that if they can’t reach a deal, then Fox One is an option for consumers, and that it will credit members $10 “…if Fox content becomes unavailable for an extended period of time.”



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August 26, 2025 0 comments
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Sam Altman testifying on capital hill.
Gaming Gear

‘Someone is going to lose a phenomenal amount of money’ says OpenAI CEO Sam Altman about unwise AI investment. ‘When bubbles happen, smart people get overexcited about a kernel of truth’

by admin August 18, 2025



OpenAI CEO Sam Altman spoke to assembled reporters at a dinner in San Francisco late last week on the topic of, you guessed it, AI, the applications of AI, and the vast sums of money moving behind the scenes to fund it. Despite being one of the most vocal advocates of the tech, Altman had some words of caution for investors jumping on the artificial intelligence train.

According to The Verge, Altman said it was “insane” that AI startups consisting of “three people and an idea” are receiving huge amounts of funding off the back of incredibly high company valuations, describing it as “not rational behaviour.”

“Someone is going to lose a phenomenal amount of money. We don’t know who, and a lot of people are going to make a phenomenal amount of money,” said Altman.


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“When bubbles happen, smart people get overexcited about a kernel of truth. If you look at most of the bubbles in history, like the tech bubble, there was a real thing.” said Altman, referencing the infamous dot-com bubble of the late 1990s. “Tech was really important. The internet was a really big deal. People got overexcited.”

That being said, Altman stopped short of calling investment in AI overall a bad idea for the economy in general: “My personal belief, although I may turn out to be wrong, is that, on the whole, this would be a huge net win.”

At the same dinner, Altman confirmed that OpenAI would still be spending vast amounts of money (partially provided, presumably, by the likes of Softbank and the Dragoneer Investment Group in OpenAI’s latest $8.3 billion funding round) to keep the company at the top of the AI financial leaderbooks.

“You should expect OpenAI to spend trillions of dollars on data center construction in the not very distant future,” Altman said. “You should expect a bunch of economists to wring their hands.”

Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.

Well, it certainly appears to cost a whole lot of moolah just to keep the good ship OpenAI afloat. The company has raised staggering sums of cash over the past decade to develop and run its various AI implementations, the most famous of which being ChatGPT. Reports last year indicated that OpenAI had spent $8.5 billion on LLM training and staffing for its generative AI efforts, while other analysts have predicted it costs $700,000 a day to run ChatGPT alone.

The Information recently projected that OpenAI would be burning through $20 billion in cash flow by 2027, with the company said to be hopeful that investors like Softbank would stump up another $30 to $40 billion to continue funding its operations.

A CG render of Meta’s planned Hyperion data center, superimposed over Manhattan. (Image credit: Meta)

Still, those spending figures don’t appear to be in the trillions yet, although that estimated sum is perhaps of little surprise to those of us that keep an eye on AI data center expansion.

Given that Altman’s rival, Elon Musk, has been booting up and expanding xAI’s Colossus supercomputer with incredible speed, and with the news that Meta is expanding its data center operations at such a rate it’s currently having to house a significant portion of its racks in nearby tents, OpenAI will feel the need to keep up—and to do that it needs to spend (and raise) huge amounts of cash over the next few years.

One would assume that Altman is confident enough in his company’s efforts to place its investors on the “going to make phenomenal sums of money” side of things, but his comments should perhaps serve as a warning to those looking to jump in with both feet without correctly judging the landing. Someone has to lose in the great AI race, I suppose. And as to which companies survive, and which come to a sticky end? That remains very much an open question for now.

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August 18, 2025 0 comments
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  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5
  • The 10 Most Valuable Cards

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

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Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

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