Iron Horse Acquisition(IROH.US)

Fortnite blocks creators from selling prize wheel spins

Epic Games is changing Fortnite's rules for creators, prohibiting in-island transactions involving prize wheels starting January 20th. This decision follows the implementation of a prize wheel in the popular game Steal The Brainrot, which allowed players to use V-Bucks for spins to win in-game items. The new rule aims to regulate in-game monetization practices.

European cinemas warn that Warner Bros. acquisition may impact the film industry; Netflix insists on a 45-day theatrical release period

Several large theater operators in Europe have warned that if Warner Bros. is acquired by Netflix or Paramount Skydance, it will have a significant impact on the theater industry, potentially weakening the exclusive release arrangements for blockbusters before they debut on streaming platforms. Netflix Co-CEO Ted Sarandos stated that if the acquisition is successful, it will ensure that Warner films have at least a 45-day theatrical release period to compete for opening weekend and box office

Multiple cinema chains have warned EU regulators that both Netflix and Paramount's acquisition of Warner Bros. Discovery (WBD) will threaten the film industry

Hollywood billionaire’s battle royale over Warner Bros comes to Britain

The billionaire head of Paramount, David Ellison, is lobbying against Netflix's $83bn takeover of Warner Bros, meeting with UK Culture Secretary Lisa Nandy and other officials to express concerns over competition in the streaming market. Paramount is pushing for its own $30-per-share offer and aims to influence regulators to block Netflix's bid. The campaign includes legal actions for information and potential board appointments at Warner Bros. Despite a setback in court, Paramount is intensifying its efforts to reshape Hollywood's competitive landscape amid significant implications for the UK market.

The Hang Seng Index failed to break through 27,000 for the fourth time, falling by 78 points. Pop Mart dropped by 6%, while AI chip stocks performed well. Experts are concerned that the upward trend may have ended｜Hong Kong stock market closing

The Hang Seng Index closed at 26,844 points on Friday, down 78 points, failing to break through 27,000 points for four consecutive days. Market turnover fell to HKD 255 billion, with a net inflow of HKD 94 million from the north. Despite strong performance from AI chip stocks, with SMIC and Hua Hong Semiconductor rising 2% and 7% respectively, Ctrip saw a decline of 21.8%, becoming the worst-performing blue-chip stock of the week. ALI HEALTH, on the other hand, rose 17.9%, making it the best blue-chip stock. Overall, the Hang Seng Index still rose 613 points for the week