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Given the lack of civility, better to call it antisocial media – ObserverXtra

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InvestorChannel's Media Watchlist Update for Friday, January, 15, 2021, 16:28 EST – InvestorIntel

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InvestorChannel’s Media Stocks Watchlist Update video includes the Top 5 Performers of the Day, and a performance review of the companies InvestorChannel is following in the sector.
Sources Include: Yahoo Finance, AlphaVantage FinnHub & CSE.
For more information, visit us at InvestorIntel.com or email us at info@investorintel.com

Watchlist Companies:
– GVIC Communications Corp. (GCT.TO) CAD 0.33 (3.13%)n- Zoom Video Communications Inc (ZM) USD 384.53 (0.34%)n- Stingray Group Inc (RAY-A.TO) CAD 6.99 (0.29%)n- Lingo Media Corp (LM.V) CAD 0.08 (0.00%)n- Media Central Corp Inc (FLYY.CN) 0.01 (0.00%)n- Quizam Media Corp (QQ.CN) 0.42 (0.00%)n- WOW! Unlimited Media Inc (WOW.V) CAD 0.55 (0.00%)n- Slack Technologies Inc (WORK) USD 41.80 (-0.29%)n- Corus Entertainment Inc. (CJR-B.TO) CAD 4.89 (-0.61%)n- HubSpot Inc (HUBS) USD 384.58 (-0.98%)n- Adobe Inc. (ADBE) USD 458.08 (-1.12%)n- Glacier Media Inc. (GVC.TO) CAD 0.34 (-1.47%)n- Thunderbird Entertainment Group Inc (TBRD.V) CAD 3.15 (-1.56%)n- MediaValet Inc (MVP.V) CAD 2.78 (-2.11%)n- Wix.com Ltd (WIX) USD 241.28 (-2.91%)n- Moovly Media Inc (MVY.V) CAD 0.12 (-4.17%)n- ZoomerMedia Limited (ZUM.V) CAD 0.11 (-4.35%)n- Postmedia Network Canada Corp (PNC-A.TO) CAD 1.51 (-5.03%)n- Network Media Group Inc (NTE.V) CAD 0.17 (-5.71%)n- QYOU Media Inc (QYOU.V) CAD 0.11 (-12.50%)n

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Iran fires long-range missiles into Indian Ocean in military drill: media – TheChronicleHerald.ca

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DUBAI (Reuters) – Iran’s Revolutionary Guards on Saturday fired long-range ballistic missiles into the Indian Ocean on the second day of a military exercise, state media reported.

The drill, which comes in the waning days of high tensions with U.S. President Donald Trump’s administration, was conducted in the country’s central desert region.

It followed Friday’s testing of surface-to-surface ballistic missiles and locally manufactured new drones in the same area.

“One of our most important defence policy goals is to use long-range ballistic missiles against enemy warships, including aircraft carriers and warships,” state media quoted Guards commander Major General Hossein Salami as saying.

With these missiles, which have a range of 1,800 kilometres, he said, “we can now strike moving targets in the ocean,” instead of the usual low-speed cruise missiles.

Saturday’s drill targets were in the Gulf of Oman and the northern Indian Ocean.

Chief of Staff General Mohammad Baqeri said while Iran had “no offensive intentions”, it would now be able to “respond to any hostile and malicious act in the shortest time”.

On Wednesday, Iran tested short-range naval missile in the Gulf and there were exercises earlier this month that featured a wide array of domestically produced drones.

Iran has one of the biggest missile programmes in the Middle East, regarding them as a deterrent and retaliatory force against the United States and other adversaries in the event of war.

There have been periodic confrontations between Iran’s military and U.S. forces in the Gulf since 2018, when Trump abandoned Iran’s 2015 nuclear deal with world powers and reinstated harsh sanctions against Tehran.

President-elect Joe Biden has said the United States will rejoin the nuclear deal “if Iran resumes strict compliance”.

(Writing by Dubai Newsroom; Editing by Clelia Oziel)

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James Murdoch blasts US media for unleashing ‘insidious forces’ – Financial Times

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James Murdoch has castigated the US media for the “toxic politics” threatening American democracy, saying proprietors are as culpable as politicians who “know the truth but choose instead to propagate lies”.

The remarks by Rupert Murdoch’s youngest son, made in an interview with the Financial Times and a further joint statement with his wife Kathryn, are his strongest public rebuke of America’s news industry since he parted ways with the family business built by his father.

Asked whether America’s dominant conservative news network Fox News had played a role in the riot that rocked Washington last week, James Murdoch said media groups had amplified election disinformation, leaving “a substantial portion” of the public believing “a falsehood”.

“The damage is profound,” Mr Murdoch said. “The sacking of the Capitol is proof positive that what we thought was dangerous is indeed very, very much so. Those outlets that propagate lies to their audience have unleashed insidious and uncontrollable forces that will be with us for years.”

“I hope that those people who didn’t think it was that dangerous now understand, and that they stop,” he added, while noting he had not “seen any evidence of that yet”.

During the interview set up to discuss his latest digital venture in India, Mr Murdoch did not directly mention Fox News, his father, who founded it, or his brother Lachlan, the chief executive of the Fox Corporation.

Fox News did not immediately respond to a request for comment. The network has long stressed the divide between its opinion programming and news coverage.

While many Fox News hosts have championed the policy agenda of Donald Trump, the network’s journalists have often broken stories critical of the president.

James Murdoch, who was chief executive of 21st Century Fox from 2015 to 2019, said he was also speaking on behalf of his wife Kathryn, with whom he has charted an independent path from the conservative politics of the Murdoch empire. The couple were big donors to Joe Biden’s presidential campaign and have backed organisations fighting climate change and fake news.

Rupert Murdoch with James (right) and Lachlan Murdoch, © Kevork Djansezian/Getty

Rupert Murdoch’s six children each received up to $2bn from the break-up of his media empire and the sale of his entertainment businesses to Walt Disney in 2019. Overlooked in the family succession battle, James went on to use the funds to establish Lupa Systems, an investment vehicle to build a media portfolio.

In August he withdrew completely from the family’s news operations, resigning from the board of News Corp — which owns a stable of titles ranging from the Wall Street Journal to The Sun — because of “disagreements over certain editorial content”.

While his objections are well known, until now he has been relatively guarded with public criticism. James, along with his siblings, still owns a significant share of the family trust, which people close to the Murdochs have speculated might be used to influence the direction of the empire after Rupert relinquishes control.

“Spreading disinformation — whether about the election, public health or climate change — has real world consequences,” James and Kathryn Murdoch said in a joint statement following the FT interview.

“Many media property owners have as much responsibility for this as the elected officials who know the truth but choose instead to propagate lies. We hope the awful scenes we have all been seeing will finally convince those enablers to repudiate the toxic politics they have promoted once and forever.”

When asked whether he saw signs of change, Mr Murdoch replied that he prayed people would “come to their senses” and said there was bound to be “a reckoning” for media.

Owners of news organisations, he said, were “being co-opted by forces that only want to stay in power, or are manipulating our discourse from abroad and are only too happy to make a mess and burn things down”.

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