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UK Government moves forward to privatise iconic news broadcaster

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The UK government has announced that it wants to privatise Channel 4.

The network, which broadcasts programmes including Gogglebox and Countdown, could be privatised under a plan to “sell off” the company.

Launched in 1982, Channel 4 is a government-owned TV broadcaster, made up of 12 channels in total, including a streaming service called “All 4.”

Channel 4 to become a private company under new plans by the UK government

Declining traditional TV market

Instead of receiving public funding like the BBC, Channel 4 earns its revenue through advertising.

Downing Street says that because TV advertising revenues are declining, along with traditional TV viewing, Channel 4 is being held back from competing with other TV services.

It says it wants to sell Channel 4 to a private company.

Many media critics have stated a privatisation of the network could risk the quality of content put to air, while some of the network’s own talent – Channel 4 stars Matt Lucas and Kirstie Allsopp are among the figures who have raised concerns about the government’s plan.

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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The ongoing alcohol related research many ignore

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New research shows the impact of alcohol on our gut microbiome.

Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.

Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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