Entertainment

Disney lays off 7,000 as streaming subscribers decline

Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year. . Iger, who stepped down as CEO in 2020 after nearly two decades helming the storied company, was brought back after the board of directors ousted his replacement Bob Chapek.

Merkel receives UNESCO peace prize for welcoming refugees

Germany's former chancellor Angela Merkel on Wednesday received a prestigious UN award for opening her country to refugees during her time in office.. "Despite the hostility of public opinion, you took the decision to open Germany's borders to refugees fleeing conflict zones," said Ivorian President Alassane Ouattara.

Greek MPs bar jailed neo-Nazi from leading new party in election

Greece's parliament on Wednesday approved a law barring the jailed ex-spokesman of neo-Nazi party Golden Dawn from heading a new nationalist party in upcoming national elections.. The small nationalist party Hellenes was formed in 2020 by Ilias Kasidiaris, the 42-year-old former spokesman and lawmaker of neo-Nazi party Golden Dawn, a few months before he was sent to prison.

Michael Jackson estate eyeing near-$1bn sale of music rights: report

The estate of Michael Jackson is closing in on a deal to sell half its interests in the megastar's music catalogue, in a deal worth up to $900 million, Variety reported.. Variety, which cited three unnamed sources for its report, said the identity of Sony's partner in the blockbuster deal -- or even the existence of one -- was not clear.

NBA stars and legends hail scoring king LeBron as greatest

NBA legends and current stars hailed LeBron James as the league's greatest player on Wednesday after the 38-year-old Los Angeles Lakers superstar became the competition's all-time scoring leader.. - 'Greatest of all time' - Other current NBA stars tweeted their congratulations and made it clear they consider James the best player the NBA has ever known.

Denmark's queen to undergo 'serious' back operation

Denmark's beloved Queen Margrethe II, who at 82 is Europe's longest serving head of state, is to  undergo a major back operation, the palace said on Wednesday.. A polyglot known for her sharp wit and chain smoking, Margrethe ascended to the throne in January 1972 and became Europe's longest serving head of state, and the world's second longest reigning monarch, when Queen Elizabeth II died in September 2022.

Microsoft's Activision takeover bid dealt setback in UK

Microsoft's planned $69-billion takeover of video game giant Activision Blizzard could significantly harm competition and consumer choice, UK regulators concluded in provisional findings Wednesday.. The CMA, which launched its in-depth probe in September, added that Microsoft's takeover "could result in higher prices, fewer choices, or less innovation for UK gamers".