It last traded just below $38,000.“We go through soul searching times like this and scrape the models, and yes our conviction is just as high,” she said.Although Elon Musk has soured on Bitcoin due to its environmental impact, Wood said once renewables are incorporated into the Bitcoin mining technology, like she expects, “Elon will come back and be part of that ecosystem.”Musk’s quick change in opinion on the largest cryptocurrency may have been caused by pushback from institutional shareholders like BlackRock, she said.Despite her long-term conviction, Bitcoin and other digital coins may face more pain before mounting a comeback.“You never know how low is low when a market gets very emotional,” she said. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing or acquisitions and the timing of the closing of such proposed transactions, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all or that the closing of any proposed transaction will not occur; the Company's ability to attract, maintain and increase the number of its users and paid subscribers; the Company identifying, acquiring, securing and developing content; the Company's ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2020, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 26, 2020, and in the Company's other filings and submissions with the SEC. The Biden administration intends to share 20 million doses of Covid-19 vaccines produced by Moderna, Pfizer and J&J with other countries by the end of June. LiveXLive is a music streaming platforms, combining audio and (often live) video. She noted that as highly volatile sectors in the stock market are selling off amid inflation fears, Bitcoin is dropping as well. A larger group of EU finance ministers and central bank chiefs will meet May 22These are some of the main moves in markets:StocksThe S&P 500 fell 0.7% as of 3:13 p.m. New York timeThe Nasdaq 100 fell 0.2%The Dow Jones Industrial Average fell 0.9%The MSCI World index fell 1%CurrenciesThe Bloomberg Dollar Spot Index rose 0.5%The euro fell 0.4% to $1.2172The British pound fell 0.5% to $1.4112The Japanese yen fell 0.3% to 109.23 per dollarBondsThe yield on 10-year Treasuries advanced four basis points to 1.68%Germany’s 10-year yield was little changed at -0.11%Britain’s 10-year yield declined two basis points to 0.85%CommoditiesWest Texas Intermediate crude fell 3.3% to $63 a barrelGold futures fell 0.2% to $1,865 an ounceMore stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. (Bloomberg) -- Deutsche Telekom AG is in talks about a potential offer for SoftBank Group Corp.’s 8.5% stake in T-Mobile US Inc., a deal that would give the German telecom giant greater control over its U.S. affiliate.The terms of a potential deal, including whether Deutsche Telekom might bid for the entire stake to get majority control, haven’t been finalized and no firm decision has been made about an offer, according to people familiar with the matter, who asked not to be identified because the talks are private. The Bloomberg Commodity Index fell for a second day as oil, copper, soybeans and almost every other futures contract linked to industrial and agricultural staples retreated.Read More: Some Fed Officials Favored Taper Talk at ‘Upcoming Meetings’Here are some key events this week:IMF Managing Director Kristalina Georgieva and ECB President Christine Lagarde speak at the Vienna Economic Dialogue ThursdayEuro-area finance ministers and central bank chiefs hold an informal meeting. "Our franchises like "Music Lives" and "Music Lives ON" have been received extremely well by both artists and their fans, which adds significant value to the brands who want to integrate into those franchises," said Robert Ellin, CEO and Chairman of LiveXLive. Here we'd walk you through how to download and record music from LiveXLive ⦠Weekly viewership continues to climb showing a growth in brand awareness and interest in this growing franchise. LiveXLive has announced that the fan favorite global streaming music festival Music Lives, which launched last year during COVID-19 as the first livestreamed music festival, will return to the LiveXLive platform beginning Friday, March 26th at 6 pm ET/ 3 pm PT. Launched as an encore to âMusic Livesâ, LiveXLiveâs wildly successful inaugural 48-hour live stream music festival, âMusic Lives ONâ is a shortened version of the event that has been airing weekly as a three-hour block on Fridays since May 1, 2020. LiveXLive Powered by Slacker, formerly Slacker Radio, is a totally reimagined music streaming app that lets you listen to your favorite music and watch live streaming performances for free, all in one place. “The odds are going up now that we have had this correction,” she said.Although her funds have taken a hit this year, with her flagship Ark Innovation ETF down more than 34% from its high in February, the firm’s product line-up hasn’t yet faced a monthly outflow, she said.“There were a lot of commentators out there, shall I say, screaming about how our ETFs would have to shut down, which is impossible,” she said.In fact, the move toward value sectors that’s caused her funds to suffer is encouraging to her.“The forces that the coronavirus put in motion supporting all of the innovation in which we invest, they’re not looking back,” she said. This is your soundtrack to "Music Lives On," a weekly series of live-streaming performances to benefit the MusiCares COVID-19 Relief Fund. Music Lives is being thrown by LiveXLive, a platform for livestreaming festivals and concerts, and TikTok. “Sales are back to pre-pandemic levels, and our sales pipeline is strong,” she wrote in an email.WeWork attempted an initial public offering two years ago, but the deal imploded after investors lost confidence in its former chief executive officer, Adam Neumann, and its lofty $47 billion valuation. LiveXLive says the new partnership will allow artists to tap into âLiveXLive and Music Masteryâs flywheel of business verticalsâ, which includes audio, video, live-streaming, podcasts, âvodcastsâ, merchandise, licensing, pay-per-views and live events. In 2020, SoftBank raised $14.8 billion from selling T-Mobile US shares to institutional investors. MADRID (Reuters) -Italian banker Andrea Orcel has cut his claim against Santander over a rescinded offer to make him chief executive by tens of millions of euros, sources said and a court document seen by Reuters on the eve of a hearing show. LiveXLive's Music Lives Festival Garnered Nearly 28 Million Livestream Views Over Three Days Of Non-Stop Music From 130 Global. 718K likes. Music Lives gave music fans from the four corners of the globe an opportunity to discover new artists while listening to superstars and chatting with other fans. “There might be a few participants who are getting a little eager to start the discussion, which might be more than the markets were expecting. LiveXLive Brings "The Vote Ready Festival" To "Music Lives On" Franchise In Partnership With Atlantic Records' 'ATL Votes' Initiative, Elektra Music Group & HeadCount Oh and by the way, the bull market had broadened out.”More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Bitcoin's smaller rivals are eroding its share of the $2 trillion digital currency market. Edwin Ortiz is the News Director for Complex. React Presents, a subsidiary of LiveXLive Media (NASDAQ: LIVX) ("LiveXLive"), a global platform for live stream and on-demand audio, video and podcast/vodcast content in music⦠AT&T investors are on the run after the company shocked Wall Street by unloading its WarnerMedia division to Discovery. 718K likes. Please upgrade the browser to the latest. Since launching in May 2020, LiveXLive's "Music Lives ON" franchise festival series has live streamed over 60 artists reaching over 155 million fans on social media and generating over 6 million views. (Bloomberg) -- U.S. stocks dropped and Treasury yields rose as minutes showed Federal Reserve officials were cautiously optimistic about the U.S. recovery at their April meeting, with some signaling they’d be open “at some point” to discussing scaling back the central bank’s massive bond purchases.All three main equity indexes resumed declines after initially jumping following the release of the minutes. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Some parts of this page is not supported on your current browser version. )More stories like this are available on bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. Headquartered in Los Angeles, California, LiveXLive Media, Inc. (NASDAQ: LIVX) (the "Company") (pronounced Live "by" Live) is a leading global all-in-one streaming artist-first platform delivering premium music and entertainment content and live-streams from the world's top artists, expertly curated streaming radio stations, podcasts, and original video and audio-on-demand content, ⦠Tonight, March 27, at 9 p.m. Masayoshi Son’s technology investment giant has enjoyed an upturn in fortunes over the past twelve months, with SoftBank’s Vision Fund investment arm driving recent profits after being the source of its biggest loss a year ago. Users can access the service on the web, through mobile apps on smartphones and on OTT devices. SoftBank’s 8.5% holding in the merged company is valued at about $14.3 billion as of the shares’ last closing price. The case, which stems from Santander's decision more than two years ago to ditch plans to make Orcel its CEO after a disagreement over pay, is due to be heard in a Madrid court on Wednesday after several earlier hearings were delayed. "And as music lovers ourselves, it was so important to partner with organizations like MusiCares and TikTok that truly care about the well-being of the music community that brings so much joy to the world.". Music Lives is a multi-artist virtual festival, the first of its kind created during the COVID-19 pandemic and is benefitting MusiCares, the leading music charity, that acts as a safety net for those in the music industry. On Wednesday (Oct. 28), LiveXLive Media; a platform for entertainment-based on-demand audio, podcasts, videos, as well as livestreams; announced a partnership with REVOLT Media & TV that is sure to excite many music lovers.The two companies are joining forces for a special takeover edition of LiveXLiveâs fan-favorite series âMusic Lives ⦠The deal is designed to increase the global social media distribution of Music Lives, as well as a partnership for greater visibility of the LiveXLive ⦠Launched as an encore to "Music Lives", LiveXLive's wildly successful inaugural 48-hour live stream music festival, "Music Lives ON" is a shortened version of the event that has been airing weekly as a three-hour block on Fridays since May 1, 2020.
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