Tag: charts

Revived All Def Digital Charts Broader Content, Partnerships Under New Ownership

A year after All Def Digital, one of the web’s biggest Black-owned digital sites, collapsed in the aftermath of #MeToo allegations against founder Russell Simmons, the reborn company is charting a new course led by two former tech executives and backed by an ownership group that includes music and sports notables such as T.I., Killer Mike, Jason Geter, and Baron Davis.

The new ADD is moving beyond the original platform’s tight digital focus on hip hop, comedy and slam poetry. Under new CEO Cedric J. Rogers and partner Shaun Newsum, the new ADD is exploring more genres and distribution approaches. It’s also expanding relationships and programming ventures with traditional media companies, working with WarnerMedia-owned FullScreen, and Comcast
CMCSA
-backed production company Jupiter Entertainment, to beef up its programming, creator networks, brand relationships, and several new initiatives.

Read More

Stock Market Crash Explained In 5 Charts

If you are reading this, you are probably wondering what the heck is going on with stocks.

As I’ll show, there are four out-of-sight forces driving the stock sell-off. And all you need to know is summed up in these five simple charts.

Tech stocks are dragging down the stock market

Let’s begin with tech, the culprit of the stock market pullback.

As Covid holed up the world, investors rushed to lockdown-immune tech stocks for shelter. This haste created a historic boom that nearly doubled the entire tech sector in just five months:

But the tech boom didn’t just buoy up tech companies. It lifted the entire stock market.

You see, tech’s put on some “weight” lately. For the past two decades, tech made up 18-22% of the S&P. But last month,

Read More

California’s catastrophic wildfires in 3 charts

The devastating wildfires tearing across California, Oregon, Washington and several other Western states are an increasingly familiar scene, as blazes have become larger and more destructive over the past several decades.

Seven of the top 10 most destructive fires in California’s history have occurred since 2015, and this year’s fires have already burned an unprecedented 3.1 million acres in that state so far, driven in part by lightning storms and an extreme heat wave.

The autumn winds that typically fuel the bulk of destruction during California’s wildfire season have already begun to blow, contributing to dangerous conditions like low humidity and dry vegetation that have helped fuel fires including the yet-uncontained August Complex, now the largest fire in California history.

Meanwhile, about 10 percent of Oregon’s population were placed under some level of evacuation notice last week, and although wildfires burned more slowly in that state over the weekend, smoke

Read More