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(Reuters) -Apple and Comcast's NBCUniversal will launch a bundle of Apple TV and Peacock Premium streaming services next week, the companies said on Thursday, combining award-winning originals such as "Ted Lasso" and "The Traitors" for $14.99 a month. The bundle, which launches on Monday, offers U.S. customers more than 30% savings and the option to combine Apple TV with Peacock Premium Plus for $19.99 per month. Media companies are unlocking more value from their streaming content by teaming up with rival platforms, providing customers with discounted pricing and a larger library of shows and movies. "With this first-of-its-kind initiative with Apple, we're redefining what the customer journey should be for a streaming bundle with rich sampling and a smooth sign-up process, and we're broadening the reach of Peacock to even more audiences," said Matt Strauss, chairman, NBCUniversal Media Group. As part of the deal, Apple TV app users and Peacock subscribers will be able to sample a curated selection of the partner service's shows, including marquee live events and sports, popular franchises, and blockbuster movies, in their respective apps. At launch, Peacock subscribers will have access to three episodes of "Stick", "Slow Horses", "Silo", "The Buccaneers", "Foundation", "Palm Royale" and "Prehistoric Planet" from Apple TV for free. Apple TV app users will be able to watch up to three episodes of "Law & Order", "Bel-Air", "Twisted Metal", "Love Island Games", Happy's Place, "The Hunting Party" and "Real Housewives of Miami" from Peacock. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shailesh Kuber)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Elizabeth Howcroft and Marc Jones PARIS/LONDON (Reuters) -There are "significant gaps" in countries' attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20's risk watchdog warned on Thursday. The Financial Stability Board (FSB), a body founded in the aftermath of the global financial crisis, made a series of recommendations on rules for crypto in 2023, to try to bring it in line with the mainstream financial sector. In Thursday's review, it said while some progress had been made, international implementation and coordination of rules remained too "fragmented, inconsistent, and insufficient to address the global nature of crypto-asset markets". Financial stability risks remain "limited at present" it assessed, but they are now rising with the surge in bitcoin and other cryptocurrencies having doubled the value of the global crypto market to $4 trillion over the last year. "This is consequential," FSB secretary general John Schindler told Reuters, describing the concerns raised in the review. "These crypto assets can move across borders very easily, much more easily than other financial assets." STABLECOIN RULES LACKING This year's surge in the value of the crypto market has come against a backdrop of U.S. President Donald Trump's pro-crypto stance. Schindler said there was a need for close monitoring as crypto becomes increasingly connected with the traditional financial system and stablecoins – cryptocurrencies pegged to the dollar for the most part – become more widely used. One of the key concerns flagged by the FSB's report was that hardly any countries have complete regulatory frameworks for stablecoins yet. While still small in comparison to the bitcoin-dominated cryptocurrency markets, the market for stablecoins has grown by almost three-quarters over the last year to just under $290 billion, a trajectory expected to continue with U.S. rules on them now in place The FSB's report reviewed 29 jurisdictions' implementation of crypto and stablecoin recommendations, including the U.S., EU, Hong Kong and the UK, although the U.S. only participated in the stablecoin aspect. El Salvador, where the world's largest stablecoin, Tether, is based did not take part, however. Schindler said the latest review had still been worthwhile even without El Salvador's input given the FSB was already aware of the risks, but stressed the need for better global cooperation and coordination from all jurisdictions going forward. "We can all put in place frameworks, but if there are people who are not cooperating and helping each other, it's just going to be really challenging because these things just they don't observe borders," he said. RISKS 'LIMITED AT PRESENT' BUT GROWING Global rulemakers were jolted in action by the collapse of crypto exchange FTX and demise of TerraUSD/Luna coins in 2022. There has been major jitters over the last week too, with the largest crypto crash in history on Friday triggering almost $20 billion of liquidations in the market. The FSB's report laid out a list of eight recommendations for jurisdictions to speed up the implementation of comprehensive and globally consistent rules and for better cross-border cooperation and coordination. They follow similar concerns raised by the European Union's securities watchdog in April that even small markets can be the source of bigger problems in the financial system. Even if countries have their own regulatory regimes, they can still be impacted by the activities of crypto companies who are headquartered offshore, Schindler said. (Reporting by Elizabeth Howcroft in Paris and Marc Jones in London; Editing by Louise Heavens)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -Apple and Comcast's NBCUniversal will launch a bundle of Apple TV and Peacock Premium streaming services next week, the companies said on Thursday, combining award-winning originals such as "Ted Lasso" and "The Traitors" for $14.99 a month. The bundle, which launches on Monday, offers U.S. customers more than 30% savings and the option to combine Apple TV with Peacock Premium Plus for $19.99 per month. Media companies are unlocking more value from their streaming content by teaming up with rival platforms, providing customers with discounted pricing and a larger library of shows and movies. "With this first-of-its-kind initiative with Apple, we're redefining what the customer journey should be for a streaming bundle with rich sampling and a smooth sign-up process, and we're broadening the reach of Peacock to even more audiences," said Matt Strauss, chairman, NBCUniversal Media Group. As part of the deal, Apple TV app users and Peacock subscribers will be able to sample a curated selection of the partner service's shows, including marquee live events and sports, popular franchises, and blockbuster movies, in their respective apps. At launch, Peacock subscribers will have access to three episodes of "Stick", "Slow Horses", "Silo", "The Buccaneers", "Foundation", "Palm Royale" and "Prehistoric Planet" from Apple TV for free. Apple TV app users will be able to watch up to three episodes of "Law & Order", "Bel-Air", "Twisted Metal", "Love Island Games", Happy's Place, "The Hunting Party" and "Real Housewives of Miami" from Peacock. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shailesh Kuber)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -The chair of the House Select Committee on China said Thursday that a licensing agreement for use of the TikTok algorithm as part of a deal by Chinese-based ByteDance to sell U.S. assets of the short video app would raise "serious concerns." Representative John Moolenaar, a Republican, is waiting for briefing to get more details on the deal that White House officials said previously would include the new owners of TikTok's U.S. assets licensing the algorithm. "I think anytime you have (China) with leverage over the algorithm, I think that's a problem," Moolenaar said at a forum. President Donald Trump signed an executive order on Sept. 25 declaring the plan to sell TikTok's U.S. operations to a consortium of U.S. and global investors meets the national security requirements set out in a 2024 law. (Reporting by David Shepardson and Alexandra Alper, Editing by Franklin Paul)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)