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Media Beat: March 29, 2021 | FYIMusicNews – FYI Music News

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Canadian political cartoonist joins Washington Post

Michael de Adder began his career working for several Halifax newspapers. Last week it was announced that he will be contributing political cartoons to the online and print editions of The Washington Post.

The time is right for Ottawa to fix Canada’s disgraceful telecom system

The Rogers-Shaw lobbyists are putting a full-court press on Ottawa to approve their merger, which isn’t set to close until next year.

They argue that only enterprises of the greatest size can finance the needed upgrading of the Canadian telecom system to fifth-generation networks (5G).

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Yet somehow the Big 3 managed to reap a collective profit of $5.4 billion last year while comfortably financing their multiyear investment in 5G upgrading.

And it’s just counterintuitive that a Rogers facing a huge capital outlay for 5G would load its balance sheet with more debt to buy Shaw. Unless, of course, 5G as a rationale for the merger is a canard. – David Olive, The Star

Who are the 10 biggest pandemic profiteers?

There are 43 newly minted billionaires since the beginning of the pandemic, when there were 614. A number of new billionaires joined the list after initial public offerings (IPOs) of stock in companies such as Airbnb, DoorDash, and Snowflake.

The increase in the combined wealth of the 15 billionaires with the greatest growth in absolute wealth was $563 billion or 82 percent. The wealth growth of just these 15 represents over 40 percent of the wealth growth among all billionaires. Topping the list are Elon Musk ($137.5 billion richer, 559 percent), Jeff Bezos ($65 billion, 58 percent) and Mark Zuckerberg ($47 billion, 86 percent). – Chuck Collins, Inequality

US retail ad spend almost $2B in Jan./Feb.

According to MediaRadar’s latest analysis, the retail industry spent $1.8 billion on advertising during January and February 2021, a 24 percent decline from the same period last year.

Between 2017 and 2020, ad spend decreased an average of 34 percent each year, a post-holiday phenomenon that marketers have come to expect. MediaRadar forecasts Q1 2021 retail ad spend will reach $2.73 billion, which represents a 33 percent dip in ad spend between Q4 2020 and Q1 2021. – Nina Aghadianian, The AList

The ‘truthiness’ of words coined by celebrities

Famous folks can start all kinds of trends, from hairstyles to clothing to, yes, even words. We’re still trying to make “fetch” happen, but here is a batch of celebrity-coined words such as “smize” that have actually caught on with the public. – Word Genius

Nearly 1B connected in China

China will have 983.7 million internet users this year, thanks to an unexpected 8.6% boost in 2020, the fastest expansion its online population has seen since 2012. We previously forecast that it would take several more years for China’s internet users to hit the magical 1-billion mark, but we now project this unprecedented milestone will come by the end of next year.

Growth will decelerate to 3.6% this year, but that will still be enough for 70.4% of the population to qualify as internet users, a threshold China has never reached before. For comparison, in India only 45.0% of the population will be online this year. In the most advanced countries, penetration is usually in the mid-80% range. China is getting close to that status. – Ethan Cramer-Flood, eMarketer

Harry earns a paycheque

You may now address Prince Harry by a new title: chief impact officer.

That’s the job the Duke of Sussex has taken at BetterUp, a San Francisco-based startup focused on coaching and mental health. – Steven Musil, CNET

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DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation. – Barron's

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DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation.  Barron’s

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DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation. – Barron's

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Three drones downed after explosions heard in Iran’s Isfahan: State media – Al Jazeera English

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Iran’s air defences have brought down three small drones over the central city of Isfahan, state media reported, hours after United States broadcasters, quoting senior US officials, said Israeli missiles had hit an Iranian site.

Iranian state television reported explosions in Isfahan as air defences were activated and flights across several areas, including the capital, Tehran, and Isfahan, were suspended.

Airspace was reopened about four and a half hours after the incident and there were no reports of casualties.

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Second Brigadier General Siavash Mihandoust, the top military official in Isfahan, told state media that air defence batteries hit “a suspicious object” and there was no damage.

ABC News and CBS News had reported earlier that Israel had carried out a military operation in Iran.

Italy’s Foreign Minister Antonio Tajani said the US told the Group of Seven (G7) foreign ministers that it had been “informed at the last minute” by Israel about an attack on Iran.

“But there was no sharing of the attack by the US. It was a mere information,” Tajani told reporters in Capri, Italy, where the G7 ministers met.

However, US Secretary of State Antony Blinken refused to confirm reports about the Israeli attack, during a news conference in Capri.

“I’m not going to speak to that, except to say that the United States has not been involved in any offensive operation,” Blinken said.

The top US diplomat said the G7’s focus is on de-escalation. Asked to describe the current US-Israel relationship, Blinken noted that Israel makes its own decisions, but the US is committed to its security.

Iranian media said no strikes were launched on Iran from outside the country, and the attack was believed to have been carried out using small quadcopters that would have to have been launched from inside Iran.

Reporting from Tehran, Al Jazeera’s Dorsa Jabbari said Iranian media were downplaying the incident.

“The location in Isfahan province is an Iranian military airbase that belongs to the country’s army, and not the Revolutionary Guards [Islamic Revolutionary Guard Corps, IRGC]. I think it’s important to highlight that,” she said. “This base houses multiple squadrons of F-14 Tomcat fighter aircraft.”

“We also understand that the air defence systems over the city of Tabriz in the northwestern part of Iran were also activated,” Jabbari reported.

A military factory belonging to the Iranian army in Isfahan was attacked by multiple quadcopters in January 2023, failing to damage the facility that was protected by air defence batteries and mesh wiring on its roof to counter small unmanned aerial vehicles.

Iran blamed Israel for that attack and arrested four people, executing one of them in January 2024, for operating on behalf of Mossad, the Israeli spy agency.

Israel had promised to respond after Iran launched a barrage of drones and missiles on the country on April 13, after a suspected Israeli attack on Iran’s consulate compound in Damascus killed 16 people, including two IRGC senior generals.

Governments around the world urged restraint and a push to de-escalate tensions across the region.

Isfahan is considered a strategically important city and one that is host to several important sites, including military research and development facilities, as well as bases. The nearby city of Natanz is the location of one of Iran’s nuclear enrichment sites.

In a speech in Damghan, in central Iran, Iran’s President Ebrahim Raisi made no mention of Isfahan but praised the Iranian attacks on Israel, saying they gave the country strength and unity.

Kioumars Heydari, the commander-in-chief of the ground forces of the Iranian army, said Iran remains vigilant to confront any other potential aerial threats.

“If suspicious flying objects appear in the sky of the country, they will be targeted by our powerful air defence,” he was quoted as saying by the state-run IRNA  news agency ahead of Friday prayers in Tehran.

‘No damage’ to nuclear facilities

The International Atomic Energy Agency (IAEA) confirmed that “there is no damage” to Iranian nuclear sites as the United Nations nuclear watchdog’s chief Rafael Grossi called for restraint and said nuclear facilities should never be targeted in military conflicts.

The reported attack “was far more limited than many expected”, Iranian arms control expert Ali Ahmadi told Al Jazeera, adding that Israel “has much more limitations in its operational range” than many think.

“Certainly, after Iran’s retaliatory capacity was criticised, it benefits from advertising how ineffective what Israel did was as well. Iran also needs to prepare the public for a much softer reaction than it has talked about in the last couple of days,” he pointed out.

Ahmadi said that prior to today’s incident, Iran was preparing several options for a massive retaliation, including getting allies involved.

But considering the limited scope and impact of the alleged attack, which he described as a “security sabotage” rather than a “military assault”, it would be a mistake to carry out a significant response, he stressed.

There were also reports of explosions in Iraq and Syria, with Iranian state media saying there were explosions at multiple military-linked sites in Syria.

Syria’s official news agency SANA quoted a military source as saying that missile strikes in the early hours of the morning caused material damage to air defence sites in the country’s southern region. The report did not specify the exact location and the extent of the damage but blamed Israel.

The US and a number of European countries had been calling on Israel not to respond to Iran’s attack.

On Thursday, UN Secretary-General Antonio Guterres painted a dark picture of the situation in the Middle East, warning that spiralling tensions over Israel’s war on Gaza and Iran’s attack on Israel could descend into a “full-scale regional conflict”.

“The Middle East is on a precipice. Recent days have seen a perilous escalation – in words and deeds,” Guterres told the UN Security Council.

“One miscalculation, one miscommunication, one mistake, could lead to the unthinkable – a full-scale regional conflict that would be devastating for all involved,” he said, calling on all parties to exercise “maximum restraint”.

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