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		<title>SpaceX in talks with Saudi Arabia&#8217;s Public Investment Fund about potential $5B investment in IPO: report</title>
		<link>https://www.ourstoryinsight.com/spacex-in-talks-with-saudi-arabias-public-investment-fund-about-potential-5b-investment-in-ipo-report/</link>
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		<pubDate>Fri, 03 Apr 2026 15:48:51 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Arabias]]></category>
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		<category><![CDATA[investment]]></category>
		<category><![CDATA[IPO]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=14355</guid>

					<description><![CDATA[<p>Elon Musk’s SpaceX has reportedly held talks with Saudi Arabia’s Public Investment Fund about investing an additional $5 billion in the company’s IPO. The extra investment would help prevent any dilution of the sovereign wealth fund’s stake in SpaceX when the company goes public, Reuters reported on Thursday, citing sources familiar with the matter. SpaceX, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/spacex-in-talks-with-saudi-arabias-public-investment-fund-about-potential-5b-investment-in-ipo-report/">SpaceX in talks with Saudi Arabia&#8217;s Public Investment Fund about potential $5B investment in IPO: report</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Elon Musk’s SpaceX has reportedly held talks with Saudi Arabia’s Public Investment Fund about investing an additional $5 billion in the company’s IPO.</p>
<p>The extra investment would help prevent any dilution of the sovereign wealth fund’s stake in SpaceX when the company goes public, Reuters reported on Thursday, citing sources familiar with the matter.</p>
<p>SpaceX, known for its rocket launches and Starlink satellite internet service, is aiming to raise a record $75 billion when public trading begins. That would shatter the previous mark set by Saudi Aramco, which raised $29.4 billion when it went public in 2019.</p>
<p>SpaceX is aiming to raise about $75 billion. <span class="credit">Getty Images</span></p>
<p>The talks with the Saudi PIF are part of SpaceX’s efforts to line up anchor investors ahead of the debut — or backers who commit to fixed purchase of shares before the IPO roadshow.</p>
<p>Representatives for SpaceX and PIF did not immediately return The Post’s request for comment.</p>
<p>SpaceX confidentially filed for an IPO earlier this week, Bloomberg reported. It is said to be targeting a valuation of more than $2 trillion.</p>
<p>Previous reports said the famously eccentric Musk was eyeing a mid-June date for the IPO, to coincide with his birthday as well as a rare planetary alignment in which Jupiter and Venus will be in “conjunction” for the first time in three years. Musk turns 55 on June 28.</p>
<p>The potential investment would help protect the Saudi PIF’s stake from dilution. <span class="credit">AFP via Getty Images</span></p>
<p>Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley are all expected to take leading roles in the IPO.</p>
<p>In February, Musk revealed that SpaceX was merging with his artificial intelligence firm xAI, best known as the creator of the Grok chatbot. The billionaire has floated the concept of building AI data centers in space to support his ambitions in the sector.</p>
<p>XAI rivals Anthropic and OpenAI are each reportedly planning to go public in the near future.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/spacex-in-talks-with-saudi-arabias-public-investment-fund-about-potential-5b-investment-in-ipo-report/">SpaceX in talks with Saudi Arabia&#8217;s Public Investment Fund about potential $5B investment in IPO: report</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Netherlands gambling normalization raises public health concerns</title>
		<link>https://www.ourstoryinsight.com/netherlands-gambling-normalization-raises-public-health-concerns/</link>
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		<pubDate>Sat, 21 Feb 2026 04:09:49 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=13363</guid>

					<description><![CDATA[<p>Dutch gambling regulators say betting is starting to feel like just another part of daily life for many people in the Netherlands. The cultural shift, they warn, could be nudging more people toward gambling while making it harder to spot when habits turn harmful. Fresh research from the Kansspelautoriteit (KSA) shows nearly a quarter of [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/netherlands-gambling-normalization-raises-public-health-concerns/">Netherlands gambling normalization raises public health concerns</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Dutch gambling regulators say betting is starting to feel like just another part of daily life for many people in the Netherlands. The cultural shift, they warn, could be nudging more people toward gambling while making it harder to spot when habits turn harmful.</p>
<p>Fresh research from the Kansspelautoriteit (KSA) shows nearly a quarter of Dutch adults, 24%, believe people around them see gambling as normal behavior. Men were significantly more likely than women to share that view. The regulator surveyed 1,000 residents and found that when gambling comes up casually in conversations with friends or family, people are more likely to join in themselves.</p>
<p>“For many, gambling problems don’t appear overnight and often stay under the radar,” said Kansspelautoriteit chair Michel Groothuizen in a translated statement. The regulator says discussions about betting often focus on big wins or fast cash. That upbeat framing, it argues, can romanticize gambling and make it tougher for people to recognize when things are going wrong or to speak openly about concerns.</p>
<p>The survey results highlight how strong social influence can be. Some 43% of respondents said they would be less inclined to gamble if no one in their immediate circle did. Meanwhile, 18% reported regularly hearing gambling described as an easy way to make money. More than three-quarters of those surveyed said they see gambling problems mainly as the result of poor choices rather than addiction. Many also admitted they would struggle to confront someone they suspected might be in trouble.</p>
<h2 class="wp-block-heading"><span id="netherlands_gambling_normalization_warning_ahead_of_next_world_cup">Netherlands gambling normalization warning ahead of next World Cup</span></h2>
<p>Research from the United Kingdom is adding to worries about how exposure shapes behavior. A recent study by the University of Sheffield examined betting patterns among men aged 18 to 45 during the 2022 FIFA World Cup. The researchers found that televised gambling ads were strongly associated with people placing bets, including individuals who had not intended to gamble beforehand. Viewers were significantly more likely to bet during matches that featured betting advertisements compared with games that did not.</p>
<p>Lead author Ellen McGrane said the findings raise questions about whether current advertising rules are strong enough to protect vulnerable viewers. “These television adverts may be acting as powerful triggers during live games, encouraging betting even among people who had no prior intention to gamble,” she said in a release.</p>
<p>The Sheffield team cautioned that when overall participation increases, gambling-related harm typically rises as well. With the 2026 FIFA World Cup expected to draw massive global audiences, public health advocates are paying close attention.</p>
<p>Across Europe, some regulators are already pushing for tighter controls on betting promotions during major sporting events. France’s gambling authority recently called on operators and broadcasters to scale back World Cup-related advertising to limit pressure on fans and vulnerable groups.</p>
<p>In the Netherlands, the Kansspelautoriteit has launched an online platform called OpenOverGokken to offer independent information and direct people to support services. The regulator says acknowledging how social norms influence behavior is an essential first step toward preventing harm.</p>
<p>Featured image: Canva</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/netherlands-gambling-normalization-raises-public-health-concerns/">Netherlands gambling normalization raises public health concerns</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Amidst Lawsuit, Utah Bans Its 23rd Book from All Public Schools</title>
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		<pubDate>Tue, 17 Feb 2026 14:51:39 +0000</pubDate>
				<category><![CDATA[Literature]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=13284</guid>

					<description><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Earlier this month, the Maya Angelou estate joined in a lawsuit filed against the state of Utah’s book banning law. The suit challenges the legality of Utah’s “sensitive materials” law, which had at that point banned 22 books [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/amidst-lawsuit-utah-bans-its-23rd-book-from-all-public-schools/">Amidst Lawsuit, Utah Bans Its 23rd Book from All Public Schools</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p></p>
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<p>Earlier this month, the Maya Angelou estate joined in a lawsuit filed against the state of Utah’s book banning law. The suit challenges the legality of Utah’s “sensitive materials” law, which had at that point banned 22 books from every public school in the state.</p>
<p>Last week on Friday the 13, Utah added its 23rd title to the list: Stephen King’s Bag of Bones. </p>
<p>This new ban continues to keep Utah at the top of states with the most banned books, beating out South Carolina’s 21 bans.</p>
<p>Utah passed one of the strictest bills related to books in public schools in 2024. House Bill 29 (HB 29) allows parents to challenge books they deem “sensitive material” and it also outright bans books from all public schools in the state if those books have been deemed “objective sensitive material” or “pornographic” per state code in at least three public school districts or two public school districts and five charter schools statewide. The bill went into effect July 1, 2024, and it started with 13 titles on it.</p>
<p>The bill is retroactive, meaning that titles which met the state’s guidelines prior to the bill’s start date were included on the list. Per HB 29, any time a public or charter school removes a book deemed “sensitive material,” they must notify the State Board of Education. If that book meets the threshold of removals, all schools will be notified and expected to dispose of it.</p>
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<p>There are now 23 books prohibited in any Utah public school. Of them, 16 are written by women, and their average publication date is 2009. This means that most of these books have been on shelves and available for many years and caused no issues until this manufactured crisis. The list is as follows:</p>
<p>What is important to understand about the law is that despite claims this is about “local control,” schools in the state are forced to follow the decisions made in other districts. There are 42 public school districts in Utah, but two districts account for nearly 80% of the books banned statewide: Davis School District and Washington School District. </p>
<p>Bag of Bones was banned in Davis, though it was not banned in Washington. The other three districts in which King’s book was banned include Toole, Jordan, and Granite–the first time that district has contributed to a statewide ban. </p>
<p>We’re going to continue to see more books added to this list in Utah as the school year carries on. These are not, of course, the only books being banned in the state where book bans are happening, despite claims by the federal Department of Education. Individual school districts are allowed to ban any books they deem inappropriate–which, of course, helps add more titles to the state list as only three districts need to remove a book before the book must be removed everywhere.</p>
<p>Utah is not the only state with such a book list. South Carolina also retains a sanctioned list of books that must be removed in every public school district. Their list contains 21 titles, making them the most censorious state when it comes to state-sanctioned book bans. There is a pending lawsuit in that state as well, brought by the ACLU on behalf of the South Carolina Association of School Librarians and three public school students under the age of 18.</p>
<p>Tennessee has the legal mechanisms for creating statewide school book bans as well, though it has yet to add any titles to a list–in that state, the Secretary of State has instead targeted public libraries. And though there is no law in the state that permits creation of a state-sanctioned banned list, Florida officials have also distributed a list of books the state deems inappropriate and necessary to be removed from school libraries anyway.</p>
<p>None of these laws apply to private or homeschool institutions. That’s intentional.</p>
<p>Book bans in Utah are coming in waves, so anticipate more titles to be added to the list in the coming weeks. The state is working its way backwards from the date of the law’s implementation–so chances are as we see more books being banned here, they’ll continue to be older and older titles. Clearly, the lawsuit filed against HB 29 isn’t deterring the most important work in the state education system: removing books that have been on shelves for decades. </p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/amidst-lawsuit-utah-bans-its-23rd-book-from-all-public-schools/">Amidst Lawsuit, Utah Bans Its 23rd Book from All Public Schools</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Utah Begins 2026 by Banning Three Books at All Public Schools Statewide, Leads U.S. In Bans</title>
		<link>https://www.ourstoryinsight.com/utah-begins-2026-by-banning-three-books-at-all-public-schools-statewide-leads-u-s-in-bans/</link>
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		<pubDate>Mon, 05 Jan 2026 19:52:20 +0000</pubDate>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=12096</guid>

					<description><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Kelly is a former librarian and a long-time blogger at STACKED. She&#8217;s the editor/author of (DON&#8217;T) CALL ME CRAZY: 33 VOICES START THE CONVERSATION ABOUT MENTAL HEALTH and the editor/author of HERE WE ARE: FEMINISM FOR THE REAL [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/utah-begins-2026-by-banning-three-books-at-all-public-schools-statewide-leads-u-s-in-bans/">Utah Begins 2026 by Banning Three Books at All Public Schools Statewide, Leads U.S. In Bans</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission.</p>
<p>			<span class="author-bio--auth-inner" wp_automatic_readability="7.6428571428571"></p>
<p class="author-bio--description">Kelly is a former librarian and a long-time blogger at STACKED. She&#8217;s the editor/author of (DON&#8217;T) CALL ME CRAZY: 33 VOICES START THE CONVERSATION ABOUT MENTAL HEALTH and the editor/author of HERE WE ARE: FEMINISM FOR THE REAL WORLD. Her next book, BODY TALK, will publish in Fall 2020. Follow her on Instagram @heykellyjensen.</p>
<p class="author-bio--posts-link">View All posts by Kelly Jensen</p>
<p>			</span></p>
<p>Utah passed one of the strictest bills related to books in public schools in 2024. House Bill 29 (HB 29) allows parents to challenge books they deem “sensitive material” and it also outright bans books from all public schools in the state if those books have been deemed “objective sensitive material” or “pornographic” per state code in at least three public school districts or two public school districts and five charter schools statewide. The bill went into effect July 1, 2024, and it started with 13 titles on it.</p>
<p>The bill is retroactive, meaning that titles which met the state’s guidelines prior to the bill’s start date were included on the list. Per HB 29, any time a public or charter school removes a book deemed “sensitive material,” they must notify the State Board of Education. If that book meets the threshold of removals, all schools will be notified and expected to dispose of it.</p>
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<p>There are now 22 books prohibited in any Utah public school. Of them, 16 are written by women, and their average publication date is 2011. This means that most of these books have been on shelves and available for many years and caused no issues until this manufactured crisis. The list is as follows:</p>
<p>What is important to understand about the law is that despite claims this is about “local control,” schools in the state are forced to follow the decisions made in other districts. There are 42 public school districts in Utah, but two districts account for nearly 80% of the books banned statewide: Davis School District and Washington School District. </p>
<p>The three latest book bans came exclusively because of bans at Davis, Toole, and Washington school districts. Again, two districts are doing nearly all of the dictating of what books are allowed at public schools throughout all of Utah. </p>
<p>We’re going to continue to see more books added to this list in Utah as the school year carries on. These are not, of course, the only books being banned in the state where book bans are happening, despite claims by the federal Department of Education. Individual school districts are allowed to ban any books they deem inappropriate–which, of course, helps add more titles to the state list as only three districts need to remove a book before the book must be removed everywhere.</p>
<p>Utah is not the only state with such a book list. South Carolina also retains a sanctioned list of books that must be removed in every public school district. Their list contains 21 titles, making them the most censorious state when it comes to state-sanctioned book bans. While Tennessee has the legal mechanisms for creating statewide school book bans, it has yet to add any titles to a list. Florida officials have also distributed a list of books the state deems inappropriate and necessary to be removed from school libraries, though theirs is not codified into law like in the other three states.</p>
<p>These laws do not apply to private or homeschool institutions. That’s intentional.</p>
<p>Book bans in Utah are coming in waves, so anticipate more titles to be added to the list in the coming weeks, especially as the state works its way backwards from the date of the law’s implementation.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/utah-begins-2026-by-banning-three-books-at-all-public-schools-statewide-leads-u-s-in-bans/">Utah Begins 2026 by Banning Three Books at All Public Schools Statewide, Leads U.S. In Bans</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>» You can help build the first public library in Gaza since the genocide began.</title>
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		<pubDate>Tue, 09 Dec 2025 02:07:59 +0000</pubDate>
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					<description><![CDATA[<p>Two Palestinians are gathering donations to create a public library in Gaza, after Israel’s war and genocide destroyed nearly all existing libraries, schools, and universities. The two men, Omar Hamad and Ibrahim, are avid readers who have spent years trying to save books as they struggled to survive in Gaza. On their donation page, Omar [&#8230;]</p>
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<p>Two Palestinians are gathering donations to create a public library in Gaza, after Israel’s war and genocide destroyed nearly all existing libraries, schools, and universities. The two men, Omar Hamad and Ibrahim, are avid readers who have spent years trying to save books as they struggled to survive in Gaza.</p>
<p>On their donation page, Omar wrote about his early love of books, and how as a child he saved, “coin by coin, until at the end of each month I could buy two or three books.”</p>
<p>When he received an evacuation order on October 8th, 2023, Omar packed up what books he could and fled. But each time he was forced to evacuate, his collection dwindled. He nearly lost his entire salvaged library when the hospital he was sheltering in was attacked:</p>
<p style="padding-left: 40px;">When the soldiers stormed the building, they dragged us out with insults, blows, and humiliation. I said goodbye to my books and left a note among them:</p>
<p style="padding-left: 40px;">“Whoever finds these books, please take care of them.”</p>
<p style="padding-left: 40px;">I deliberately left it unsigned — I wanted the books to remain free, without an owner.</p>
<p>Miraculously, the books survived.</p>
<p>Omar kept trying to rescue books as he was repeatedly displaced. Books felt essential to him, and as he wrote in Lit Hub back in June, “My library was like paradise—I would travel and sail through its books to seize wisdom and the self I had forgotten since the first day I was forced to abandon reading.”</p>
<p>Salvaging books from wrecked libraries and schools has led to some agonizing choices, Omar told The Jordan Times, and he’s found it “very difficult to preserve the cultural spirit amidst this destruction.” Omar has been documenting his library on Instagram, in particular his favorite Russian writers like Chekhov, Tolstoy, Dostoevsky, Svetlana Alexievich, and Mikhail Bulgakov.</p>
<p>The other librarian behind this effort is Ibrahim, who fell in love with books in university, particularly Shakespeare’s Hamlet, the poetry of Mahmoud Darwish and Tamim Al-Barghouti, and Gabriel García Márquez.</p>
<p>Ibrahim’s house was completely destroyed by Israeli forces, but miraculously, his bookshelf survived: “And then I saw it — my small book cabinet, perched at the top of the rubble, its pages breathing through the stones as if refusing to die. In that moment, something inside me returned to life.”</p>
<p>With their new library in Gaza, the two are hoping to preserve as many books as they can, but also build a space for rebuilding collective memory and fostering expression, creativity, and play. Their tenacious defense of books amidst brutality and genocide is not only an attempt to preserve objects, or institutions, or even a culture under assault:</p>
<p style="padding-left: 40px;">“With your support, you are not rebuilding a place —<br />you are rebuilding a life that can continue.”</p>
<p style="text-align: center;"><strong>You can donate to help Omar and Ibrahim’s library here.</strong></p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/you-can-help-build-the-first-public-library-in-gaza-since-the-genocide-began/">» You can help build the first public library in Gaza since the genocide began.</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Wealthfront files for IPO, joining wave of fintechs going public</title>
		<link>https://www.ourstoryinsight.com/wealthfront-files-for-ipo-joining-wave-of-fintechs-going-public/</link>
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		<pubDate>Tue, 30 Sep 2025 09:42:10 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=9701</guid>

					<description><![CDATA[<p>Wealthfront app. Source: Wealthfront Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday, making it the latest in a wave of fintech firms going public this year including Chime and Klarna. The company in June filed confidentially for an IPO, but waited until now [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/wealthfront-files-for-ipo-joining-wave-of-fintechs-going-public/">Wealthfront files for IPO, joining wave of fintechs going public</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>Wealthfront app.</p>
<p>Source: Wealthfront</p>
<p>Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday, making it the latest in a wave of fintech firms going public this year including <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Chime<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Klarna<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>.</p>
<p>The company in June filed confidentially for an IPO, but waited until now to make that filing public. That signals that Wealthfront is planning on kicking off its roadshow to pitch shares to investors; an IPO typically follows weeks after the S-1 filing is made public. The company intends to list on Nasdaq under the ticker symbol &#8220;WLTH.&#8221;</p>
<p>Wealthfront, led by CEO David Fortunato, had $88.2 billion in assets on its platform and served 1.3 million customers as of July 31, according to the filing. It generated $194.4 million in net income on $308.9 million in revenue during in fiscal 2025 which ended on Jan. 31, per the filing.</p>
<p>&#8220;Our clients are primarily digital-native high earners who prioritize savings and wealth accumulation,&#8221; the company said. &#8220;Digital natives typically have large liquid savings with long time horizons ahead, and they are undeterred by corrections and bear markets.&#8221;</p>
<p>The company, founded in 2008, has had a long and winding journey to the public markets.</p>
<p>Along with rival Betterment, Wealthfront helped define the robo-advisor category, which uses algorithms to automate investment decisions for customers.</p>
<p>Within years, big banks including <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-6">Morgan Stanley<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> and <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-7">Bank of America<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> unveiled their own robo offerings to complement their large armies of human financial advisors.</p>
<p>In 2022, the Zurich-based global bank UBS said it was buying Wealthfront for $1.4 billion in cash, but the deal collapsed as the market turned suddenly skeptical on fintech firms amid rising interest rates.</p>
<p>It&#8217;s taken years for the market for fintechs to recover, leading to a rebound in listings this year.</p>
<p>Founded in 2007 and based in Palo Alto, California, Wealthfront employed 359 people as of July 31, according to the filing.</p>
<p>— CNBC&#8217;s Jordan Novet contributed to this report.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/wealthfront-files-for-ipo-joining-wave-of-fintechs-going-public/">Wealthfront files for IPO, joining wave of fintechs going public</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Under Threat from State, Florida Public Schools Are Banning These 55+ Books Without Review</title>
		<link>https://www.ourstoryinsight.com/under-threat-from-state-florida-public-schools-are-banning-these-55-books-without-review/</link>
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		<pubDate>Tue, 12 Aug 2025 02:46:54 +0000</pubDate>
				<category><![CDATA[Literature]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=8746</guid>

					<description><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission. Kelly is a former librarian and a long-time blogger at STACKED. She&#8217;s the editor/author of (DON&#8217;T) CALL ME CRAZY: 33 VOICES START THE CONVERSATION ABOUT MENTAL HEALTH and the editor/author of HERE WE ARE: FEMINISM FOR THE REAL [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/under-threat-from-state-florida-public-schools-are-banning-these-55-books-without-review/">Under Threat from State, Florida Public Schools Are Banning These 55+ Books Without Review</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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										<content:encoded><![CDATA[<p>This content contains affiliate links. When you buy through these links, we may earn an affiliate commission.</p>
<p>			<span class="author-bio--auth-inner"></p>
<p class="author-bio--description">Kelly is a former librarian and a long-time blogger at STACKED. She&#8217;s the editor/author of (DON&#8217;T) CALL ME CRAZY: 33 VOICES START THE CONVERSATION ABOUT MENTAL HEALTH and the editor/author of HERE WE ARE: FEMINISM FOR THE REAL WORLD. Her next book, BODY TALK, will publish in Fall 2020. Follow her on Instagram @heykellyjensen.</p>
<p class="author-bio--posts-link">View All posts by Kelly Jensen</p>
<p>			</span></p>
<p>Despite the legal precedent of “local control” in Florida’s statutes related to book bans in public schools, the State Board of Education has been threatening legal action against districts that don’t remove 55 books they deem inappropriate. It began with Florida’s Education Commissioner and Attorney General writing letters to leadership at Hillsborough County Public Schools. The Education Commissioner’s letter stated that the district had two books deemed “pornographic” in the collection that needed to be removed immediately. The two books are Call Me By Your Name and Jack of Hearts and Other Parts. The Attorney General’s letter added four more titles: Choke, Beautiful, What Girls Are Made Of, and Breathless, which he called “patently pornographic.”</p>
<p>The removal of those six books–done without formal review per both school policy and state policy–then led to the agreement by the Hillsborough County Schools superintendent to pull 49 more books without review, following a heated meeting with the state Board of Education. Among those books was a title that the district had already had a challenge to and that went through the formal review process. It had been retained for certain grade levels. </p>
<p>Targeting Hillsborough was intentional. Florida’s State Board of Education has taken on the role of statewide book censors, despite not having the legal mechanisms in place that states like Utah and South Carolina do. While Florida’s Department of Education requires that each school submit to them books removed from their libraries and why annually, those lists aren’t used to then demand removal of those books from additional schools (as in Utah). </p>
<p>The threats made toward Hillsborough were meant to make other districts not-so-silently remove titles before they, too, became state targets. The Commissioner of the Board has gone so far as to use Twitter to demand book removals and issue threats against state school districts.</p>
<p>The Florida State Board of Education is appointed by the governor. The new Commissioner, Anastasios Kamoutsas, was appointed in June by the governor. </p>
<p>Literary Activism</p>
<p>
News you can use plus tips and tools for the fight against censorship and other bookish activism!
</p>
<p>Now, just weeks after the gross overreach by the state into policies at the local school district level, eight additional Florida public school districts have capitulated. Each has agreed to remove any of the 55 titles on their shelves deemed to have “sexual content.” Removals will be done without formal review of the titles.</p>
<p>These eight districts represent only those on the record having agreed to the removals. It’s likely others have agreed or will remove the titles quietly so as not to catch the attention of the State Board of Education. The districts who have agreed to removals publicly include Hillsborough, Broward, Columbia, Escambia, Orange, Osceola, Pasco, Palm Beach, Pinellas, and St. Johns. Each district joining in the effort to ban books without review is another district bowing to a state-level committee, rather than meeting the needs and interests of their own community. Each district joining in the effort to ban books is another district making clear they’re more interested in showing their loyalty to the state than their obligations to taxpayers.</p>
<p>Escambia County remains one of the most censorious districts in the nation, and it is currently defendant in two separate lawsuits over book bans.   </p>
<p>It comes as no surprise that the majority of books on the list of 55 are by or about queer people and/or people of color. The same books that have been in the crosshairs from the start of this wave of book censorship remain there. Here’s the full list of books being banned right now in Florida schools, despite the state not having the authority to demand their removal at the district level:</p>
<p>There may also soon be three more books on the list. State Commissioner  Kamoutsas demanded via Twitter late last week that Hillsborough–and by extension, all Florida public schools–remove Trans Mission by Alex Bertie from shelves, as well as to prepare to remove Blankets by Craig Thompson and Identical by Ellen Hopkins. </p>
<p>How does this list compare to the state-sanctioned banned book lists in Utah and South Carolina? Florida’s list includes 13 of the 18 titles banned in all schools in Utah.  Florida’s list includes 12 of the 21 titles banned in all public schools in South Carolina.</p>
<p>Florida’s list does not include the third installment in Sarah J. Maas’s five-book “A Court of Thorns and Roses” series, A Court of Wings and Ruin, a reminder of how arbitrary and haphazard this list is.</p>
<p>Florida’s lawmakers failed to pass new legislation this year that would change the state’s working definition of obscenity. That failure helped tee off this round of censorship.</p>
<p>The Florida Freedom to Read Project asks public education and intellectual freedom advocates to continue showing up to school board meetings, continue asking questions about why districts are making these decisions, and to alert districts who haven’t agreed to blanket removals without review that they’re being watched by taxpayers. </p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/under-threat-from-state-florida-public-schools-are-banning-these-55-books-without-review/">Under Threat from State, Florida Public Schools Are Banning These 55+ Books Without Review</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Pennsylvania Gaming Control Board wants to hear public opinion on casino license renewal</title>
		<link>https://www.ourstoryinsight.com/pennsylvania-gaming-control-board-wants-to-hear-public-opinion-on-casino-license-renewal/</link>
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		<pubDate>Tue, 15 Jul 2025 15:54:26 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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					<description><![CDATA[<p>The Pennsylvania Gaming Control Board is planning a hearing to hear from the public on the renewal of a casino license for Stadium Casino. The hearing, scheduled for Wednesday, August 13, will be a space for members of the public to comment on the renewal of the Category 2 Slot Machine Operator License for Stadium [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/pennsylvania-gaming-control-board-wants-to-hear-public-opinion-on-casino-license-renewal/">Pennsylvania Gaming Control Board wants to hear public opinion on casino license renewal</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Pennsylvania Gaming Control Board is planning a hearing to hear from the public on the renewal of a casino license for Stadium Casino.</p>
<p>The hearing, scheduled for Wednesday, August 13, will be a space for members of the public to comment on the renewal of the Category 2 Slot Machine Operator License for Stadium Casino, the operator of Live! Casino Philadelphia.</p>
<p>Those who want to offer an opinion, whether that’s local citizens, public officials, or community groups, can do so by speaking in person or submitting written testimony. Anyone attending in person is advised to arrive early and bring official identification, as required to enter the state office building. You’ll also need to register via the board’s website by Monday, August 11.</p>
<p>Set to take place at the Philadelphia State Office Building at 801 Market Street, a breakdown of all government officials, community groups, and individuals who have registered to speak at this hearing will be posted on the board’s website during the week prior to the hearing.</p>
<p>All casino licenses are due for periodic renewal in Pennsylvania, with the application requiring an update of all relevant information since the last renewal. This includes a part of the process for a public input hearing.</p>
<h2><span id="why_does_a_public_hearing_need_to_be_held_in_pennsylvania">Why does a public hearing need to be held in Pennsylvania?</span></h2>
<p>Such hearings are standard practice in Pennsylvania, the Director of the Board’s Office of Hearings and Appeals must hear documentary evidence and testimony to build up a record that the board will use in its licensing decision. The hearing record, along with a report from the Director of Hearings and Appeals, will be transmitted to the board for review.</p>
<p>Following on from this, a separate public hearing in Harrisburg at a later date will provide an opportunity for representatives of the casino licensee to present evidence and oral arguments. At that time, board members may also ask follow-up questions based on anything raised at either hearing.</p>
<p>The onus is on the applicant to demonstrate their eligibility for a gaming license. They must prove the brand’s good character, honesty and integrity, legal compliance, tax revenue generated, jobs created, and involvement in the surrounding communities, among other factors.</p>
<p>Based on all of this input, the board will then decide whether the license should be renewed for a further five-year period.</p>
<p><strong>Featured image: Wikimedia Commons, licensed under CC BY-SA 2.0</strong></p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/pennsylvania-gaming-control-board-wants-to-hear-public-opinion-on-casino-license-renewal/">Pennsylvania Gaming Control Board wants to hear public opinion on casino license renewal</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>JBS Brazilian meat company goes public in the U.S.</title>
		<link>https://www.ourstoryinsight.com/jbs-brazilian-meat-company-goes-public-in-the-u-s/</link>
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		<pubDate>Sat, 14 Jun 2025 16:46:58 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://www.ourstoryinsight.com/?p=7621</guid>

					<description><![CDATA[<p>The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange &#124; Bloomberg &#124; Getty Images Shares of Brazilian meat giant JBS rose during their U.S. public market debut on Friday. The opening trade of $13.65 per share values the company at roughly $30 billion, outstripping rival Tyson Foods&#8217; market [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/jbs-brazilian-meat-company-goes-public-in-the-u-s/">JBS Brazilian meat company goes public in the U.S.</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span class="HighlightShare-hidden" style="top:0;left:0"/></p>
<p>The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. </p>
<p>Chet Strange | Bloomberg | Getty Images</p>
<p>Shares of Brazilian meat giant <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">JBS<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> rose during their U.S. public market debut on Friday.</p>
<p>The opening trade of $13.65 per share values the company at roughly $30 billion, outstripping rival <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Tyson Foods&#8217;<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> market cap of about $19.82 billion. Shares closed at $13.87, a slight gain for the day. </p>
<p>JBS is now trading on the New York Stock Exchange under the ticker &#8220;JBS,&#8221; a day later than initially expected. The company said it couldn&#8217;t conclude certain operational procedures in time to debut on Thursday. Its stock was delisted from the Sao Paolo Exchange in Brazil a week ago as part of the dual-listing plan.</p>
<p>Since its founding more than seven decades ago, JBS has grown to become the world&#8217;s largest meatpacking company. Last year, the company reported net revenue of $77.2 billion and net income of $2 billion, according to regulatory filings.</p>
<p>JBS operates a sprawling business worldwide, with significant divisions in Brazil, the U.S. and Australia. The company also owns more than 80% of <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Pilgrim&#8217;s Pride<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>, the U.S. poultry giant.</p>
<p>JBS&#8217;s U.S. listing is more than 15 years in the making. The company&#8217;s U.S. subsidiary first announced plans to go public in 2009, but the move never came to fruition after two postponements. Then, in late 2016, the company said it would have a U.S. initial public offering as part of a broader reorganization strategy. But months later, the Brazilian government began investigating corruption in the meatpacking company — including among JBS and its top executives.</p>
<p>J&#038;F Investimentos, the holding company that owns a controlling stake in JBS, paid a $3.2 billion fine in 2017 to settle bribery charges. Former chair Joesley Batista and his older brother CEO Wesley Batista, the company&#8217;s top shareholders and the sons of its founder, managed to avoid prison sentences by cooperating with prosecutors. The Batistas and J&#038;F settled with the U.S. Securities and Exchange Commission in 2020 for roughly $27 million.</p>
<p>The Batistas exited J&#038;F in the wake of the scandal. However, they returned to the company&#8217;s board last year after being acquitted of insider trading charges.</p>
<p>More recently, in October, the Brazilian government fined JBS for buying cattle that were allegedly illegally raised in protected land in the Amazon.</p>
<p>The company&#8217;s history of corruption and bribery allegations led to opposition to its U.S. listing from lawmakers on the both sides of the aisle, making it look unlikely that regulators would grant their approval.</p>
<p>After President Donald Trump&#8217;s reelection, JBS&#8217;s subsidiary Pilgrim&#8217;s Pride donated $5 million to his inaugration committee, making it the single largest donor. In a statement to CNBC at the time, the company said it had a &#8220;long bipartisan history participating in the civic process&#8221; and looked forward to working with the new administration.</p>
<p>The SEC approved JBS&#8217;s request to list on the New York Stock Exchange in April. JBS shareholders approved the move by a narrow margin the following month.</p>
<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/jbs-brazilian-meat-company-goes-public-in-the-u-s/">JBS Brazilian meat company goes public in the U.S.</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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		<title>Warner Bros. Discovery to split into two public companies by next year</title>
		<link>https://www.ourstoryinsight.com/warner-bros-discovery-to-split-into-two-public-companies-by-next-year/</link>
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		<pubDate>Mon, 09 Jun 2025 17:15:55 +0000</pubDate>
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					<description><![CDATA[<p>Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming. WBD will separate into a streaming and studios company, which will include its movie properties and streaming service HBO Max, and a global networks [&#8230;]</p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Warner Bros. Discovery<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span> plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming.</p>
<p>WBD will separate into a streaming and studios company, which will include its movie properties and streaming service HBO Max, and a global networks company, which will include CNN, TNT Sports and Discovery, among other businesses.</p>
<p>CEO David Zaslav will lead the streaming and studios company. Current CFO Gunnar Wiedenfels will become CEO of the global networks business.</p>
<p>Warner Bros. Discovery expects to complete the split by the middle of 2026.</p>
<p>&#8220;By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the sharper focus and strategic flexibility they need to compete most effectively in today&#8217;s evolving media landscape,&#8221; Zaslav said in a release.</p>
<p>The news confirms earlier reporting by CNBC and others that WBD was considering such a split. In December, the company announced restructuring that many saw as a precursor to a full break.</p>
<p>Warner Bros. Discovery shares were up more than 2% in midday trading Monday.</p>
<h2 class="ArticleBody-subtitle">Cutting cable</h2>
<p>Nurphoto | Nurphoto | Getty Images</p>
<p>Warner Bros. Discovery joins cable giant Comcast in separating out its traditional pay-TV networks from its broader media business.</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Comcast<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><span class="AddToWatchlistButton-addWatchListFromTag"/></span></span></span>&#8216;s NBCUniversal is currently in the process of spinning out its portfolio of cable networks, including CNBC, into a new publicly traded company called Versant. NBCUniversal will continue to oversee streaming service Peacock, NBC&#8217;s broadcast network and the film business, among other assets.</p>
<p>WBD has the largest portfolio of cable TV networks, which was born from the 2022 merger between Warner Bros. and Discovery, which brought together channels like CNN, TBS and TNT with Discovery, TLC and HGTV.</p>
<p>The moves from both Warner Bros. Discovery and Comcast come as the industry has been contending with the loss of customers from the traditional pay-TV bundle in favor of streaming.</p>
<p>A key focus has been on building up streaming platforms and particularly reaching profitability.</p>
<p>Traditional pay-TV&#8217;s drag on the broader media business was showcased last year when WBD reported a $9.1 billion write-down on its TV networks business. The company said the move was triggered by a reevaluation of the book value of the TV networks segment.</p>
<p>Still, the traditional TV networks remain profitable and generate hefty amounts of cash. Live sports aired on traditional TV still bring in the biggest live audiences, making sports essential to the portfolio of most media companies.</p>
<p>Wiedenfels noted on a call with investors Monday that much of the free cash flow generated from the traditional TV business over the years has been used to build up the streaming platform.</p>
<p>But while the cash from the traditional business has propped up streaming, the content hasn&#8217;t translated for the Max platform, which is being renamed, again, to HBO Max. In May, when the company announced the name change, it also added that the streaming platform would focus more on quality over quantity.</p>
<p>During Monday&#8217;s call Zaslav said sports hadn&#8217;t been &#8220;a real driver&#8221; for the streaming platform.</p>
<h2 class="ArticleBody-subtitle">Making moves</h2>
<p>On Monday&#8217;s call, WBD executives emphasized that each company would be &#8220;free and clear from a transaction perspective.&#8221; While the split is tax-free, executives would be willing to forgo that benefit to do the right deal, according to a person close to the matter who wasn&#8217;t authorized to speak about potential M&#038;A publicly.</p>
<p>Zaslav has called for deregulation in a push for more consolidation in the media industry, which he has said is going through a period of &#8220;generational disruption.&#8221;</p>
<p>NBCUniversal&#8217;s separation of its cable networks is meant to give it further optionality to invest in its business and also merge with other networks, CNBC has previously reported. Versant CEO Mark Lazarus has told CNBC that the spun-out company aims to be acquisitive.</p>
<p>The current Warner Bros. Discovery is itself a product of consolidation. Warner Media and Discovery merged in 2022, bringing together Warner Media&#8217;s portfolio of HBO, TNT Sports and other TV networks, and the film business, with Discovery&#8217;s group of pay-TV networks.</p>
<p>Ever since, the company has been working to lighten the debt load stemming from that merger.</p>
<p>While the company has repaid $19 billion in debt, it still had just below $34 billion in net debt at the end of the first quarter, Wiedenfels said on Monday&#8217;s call.</p>
<p>Last month S&#038;P Global Ratings cut WBD&#8217;s credit rating to junk status, citing the &#8220;continued revenue and cash flow declines&#8221; in the traditional TV business.</p>
<p>That debt load will be divided among the two separated companies once the split is complete, the company said.</p>
<p>&#8220;It&#8217;s safe to assume that the majority of the debt is going to live with global networks and a smaller portion, but not insignificant portion on streaming and studios as well,&#8221; said Wiedenfels.</p>
<p>Both companies are expected to have strong liquidity, particularly the global networks business, which is projected to generate significant free cash flow that will be used to further repay debt.</p>
<p>Disclosure: Comcast is the parent company of CNBC. Versant would be the parent company of CNBC under the proposed cable spinout.</p>
<p>— CNBC&#8217;s Jacob Pramuk and Sara Salinas contributed to this report.</p>
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<p>The post <a rel="nofollow" href="https://www.ourstoryinsight.com/warner-bros-discovery-to-split-into-two-public-companies-by-next-year/">Warner Bros. Discovery to split into two public companies by next year</a> appeared first on <a rel="nofollow" href="https://www.ourstoryinsight.com">Our Story Insight</a>.</p>
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