FCC takes notice as NFL becomes increasingly costly, frustrating to consume

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America’s most popular sport has become expensive and frustrating to consume. 

NFL fans who want to access every game need YouTube TV for “NFL Sunday Ticket,” along with costly subscriptions to Amazon Prime, Peacock and Netflix. All the packages cost fans well over $1,500 a year combined, and that doesn’t include fees associated with basic cable packages that many Americans still subscribe to or high-speed Wi-Fi needed to accommodate the streamers. 

Federal Communications Commission (FCC) Chairman Brendan Carr has made it a point of emphasis to help American sports fans as the NFL, along with the NBA, MLB and other major sports, have moved key games from broadcast and cable television to costly streaming services. 

Last month, the FCC announced it would seek public comments on the ongoing shift of live sports from broadcast channels to streaming services. The comment period runs through March 27 and replies to the comments are due April 13. 

NFL WILL DILUTE PRODUCT EVEN FURTHER BY OPENING SEASON ON A WEDNESDAY

Trump at NFL game

The FCC under the Trump administration is seeking public comments on the ongoing shift of live sports from broadcast channels to streaming services. (Getty Images)

Carr has suggested it’s simply too expensive and inconvenient for consumers to watch their favorite teams, and while he understands the argument that streaming opens more games and more content, he believes the cons outweigh the pros for most fans. 

“Americans are frustrated when they sit down and can’t find the game they want to watch. And that feeling grows only worse when they realize that they might need to sign up for another streaming service to watch the game,” Carr told Fox News Digital

“There has long been a strong and mutually beneficial relationship between sports leagues and broadcasters, and consumers will benefit if that continues,” Carr continued. “I want to see Americans continue to benefit from free over-the-air sports programming.”

EX-NFL STAR CAUTIONS LEAGUE ABOUT ‘GIVING FANS TOO MUCH’ AS THANKSGIVING EVE GAME REPORTEDLY EYED

Josh Allen

NFL fans who want to access every game need YouTube TV for “NFL Sunday Ticket,” along with costly subscriptions to Amazon Prime, Peacock and Netflix.  (Lauren Leigh Bacho/Getty Images)

But as Carr is concerned that streaming games are maddening for sports fans, the media industry appears well aware the trend will continue.

The issue particularly impacts the NFL, as the most popular sport in the country has reopened its rights deal with Paramount and CBS. Popular Hollywood-focused podcast “The Town” dedicated an episode to the “NFL’s billion-dollar cash grab” on Wednesday.

“We all know how important sports rights have become to the entertainment and media companies. For the linear TV business, it’s basically sports, and to a lesser extent news, driving audiences and not much else. For the streaming services looking to lure new subscribers, nothing generates a sign-up better than an exclusive, premium sports event,” host Matt Belloni told listeners. 

“But where is that tipping point? The level at which sports rights become so expensive that the traditional outlets can no longer justify the cost, and the streaming players fully take over?” Belloni continued. “A huge test of this theory is what’s going on with the NFL right now.”

CBS’ contract with the NFL has a “change of control” provision that will be triggered by Skydance Media’s pending takeover of parent company Paramount. CNBC’s Alex Sherman recently reported that the NFL and CBS “are negotiating a price increase, with a bid-ask spread midpoint around 50% or 60%” to keep Sunday games on CBS. 

Sherman noted that CBS “currently pays around $2.1 billion a year, on average, for its Sunday afternoon games,” and a 50% increase could force CBS to shell out more than $3 billion for its new deal. In exchange for the extra cash, the NFL would eliminate an opt-out clause after the 2029-30 season that would have allowed the league to cut ties with CBS early. The current deal runs through 2033. 

NFL’S PUSH FOR GROWTH IS INEXORABLE AT EXPENSE OF FANS AND AMID AN ‘EXISTENTIAL THREAT’

Roger Goodell speaks to the media

NFL Commissioner Roger Goodell. (Ethan Miller/Getty Images)

Sherman, who was a guest on “The Town” to discuss the ordeal, said the NFL doesn’t want to put CBS “out of business,” because the result would be fewer companies bidding on its product in the future. But the NFL is well aware that CBS and other companies need its content to survive and will squeeze out as much revenue as possible. 

As the negotiations take place, Sherman noted that broadcast executives are peeved that the NFL has given Amazon very attractive games often featuring marquee matchups for its “Thursday Night Football” streaming package. Whenever a highly coveted game airs on Amazon or other streamers, it diminishes the quality of the matchups Americans can access on broadcast networks. 

Sherman said that the league “rewarded Amazon” with better games when it proved there was an audience for the NFL on a streaming service, but Belloni suggested that the league simply has to play nice with Amazon incase streaming completely upends linear consumption down the road. 

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Carr has also highlighted that the partnership between broadcasters and sports rights has helped fund local news and journalism, as sports helps drive revenue to local stations that many Americans rely on. The Trump-appointed FCC boss feels that the relationship could be undermined if leagues continue to ditch local broadcasters for streaming services that are behind costly paywalls. The same theory could weaken entertainment offerings as networks like CBS will be forced to cut other spending to fork over more cash to the NFL.

“Something probably needs to give here, and it’s not going to be the NFL,” Sherman said. 

The NFL did not immediately respond to a request for comment. 



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Iran today, Africa tomorrow | US-Israel war on Iran

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Israel and America’s war on Iran has killed more than 1,500 people in a matter of weeks, and the toll continues to rise.

In Tehran on March 7, mourners gathered around the coffin of Zainab Sahebi, a two-year-old girl killed in an Israeli air strike. A small doll lay beside her coffin as relatives and neighbours crowded the funeral, grappling with the loss of a child taken in an instant.

Zainab’s funeral was only one of many.

On March 3, thousands gathered in Minab, in Hormozgan province, for a mass funeral after the Shajareh Tayyebeh girls’ primary school was destroyed during the opening day of the bombing campaign. Rows of coffins were carried through the city as families laid to rest at least 175 students and staff, most of them children, killed in one of the deadliest incidents of the conflict.

Violence like this has a long and familiar history.

From Gaza to Lebanon and now Iran, civilians continue to bear the price of imperialism.

This escalation has not been limited to civilians. Israeli strikes also killed Iran’s Supreme Leader Ayatollah Ali Khamenei, along with senior military officials.

For Africa, the crisis unfolding thousands of kilometres away is not a distant geopolitical calamity.

Instability in the Gulf has historically translated into sharp fuel price increases across the continent, with imported petroleum underpinning transport, electricity generation and food supply chains from Lagos and Nairobi to Johannesburg and Dakar.

The result is rising inflation and higher food prices.

Still, Africa’s stake in this conflict is not only economic.

It is also a legal and political question.

The issue confronting African governments is not whether they admire the Islamic Republic of Iran or the United States.

The real question is whether the rules governing the use of force between states still apply at all.

Article 2(4) of the United Nations Charter prohibits states from using military force against the territorial integrity or political independence of another state, except in self-defence or with UN Security Council authorisation, a principle long understood as central to international order.

None of these legal thresholds were met in the case of the strikes on Iran.

Instead, both Israeli Defence Minister Israel Katz and US Secretary of War Pete Hegseth have presented the strikes on Iran as acts of “preemptive” self-defence against Iran’s nuclear and missile capabilities.

Africans have seen before how quickly Western military campaigns, launched in the name of democracy, human rights or humanitarian protection, can expand far beyond their stated purpose.

Libya is a case in point.

In March 2011, the United Nations Security Council adopted Resolution 1973, authorising “all necessary measures” to protect civilians during Libya’s uprising against Colonel Muammar Gaddafi.

Within months, NATO aircraft were conducting an extensive bombing campaign across Libya, striking military installations and government infrastructure, while also killing civilians.

For many Africans, it was no cause for celebration.

The moment symbolised something deeper: a Western air war that culminated in the violent overthrow of an African government and the death of its leader.

More than a decade later, Libya remains politically fractured, governed by rival administrations in Tripoli and eastern Libya, while armed militias continue to dominate large parts of the country.

Libya’s collapse also destabilised the wider Sahel, where looted Libyan weapons and returning fighters helped ignite the 2012 rebellion in Mali, and contributed to coups and insurgencies that continue to shake Mali, Niger and Burkina Faso.

Libya, like Iraq and Afghanistan, stands as a warning of what can follow when outside powers remake a state through force.

Indeed, the pattern across Iran, Libya and the Democratic Republic of the Congo is clear. In each case, leaders sought to assert national control over strategic resources — oil in Iran and Libya, minerals in the DRC — only to face confrontation with Western dominance.

In September 1960, Congo’s independence leader Patrice Lumumba was deposed in a Western-backed coup and executed four months later after attempting to secure sovereignty over the country’s vast mineral wealth.

Half a century later, the same fate befell Gaddafi.

Today, Iran’s leader has been killed in a military operation justified as a security necessity.

Africa and the wider Global South stand at a crossroads.

The United Nations and the UN Charter remain among the few barriers standing between the present and a return to an era when powerful Western nations openly reserved the right to pillage Africa and other continents at any cost.

At the turn of the 20th century in the Congo Free State, in present-day DRC, the regime of King Leopold II of Belgium presided over a system of forced labour so brutal that historians estimate around 10 million Congolese died from violence, disease and starvation.

American troops occupied Cuba after the Spanish–American War of 1898 and forced the island to accept the Platt Amendment, which gave Washington the right to intervene in its affairs. The United States also seized Puerto Rico in the same war and, in April 1914, landed forces in Veracruz, Mexico, during the Mexican Revolution.

These actions reflected a time when powerful states acted with impunity and reshaped governments at will.

African leaders must respond to the present violations with clarity and resolve.

They should demand an immediate cessation of hostilities and unequivocally condemn the leaders responsible for this escalation: Israeli strongman Benjamin Netanyahu and US President Donald Trump.

They must defend Iran’s sovereignty and Iranian lives.

They must stand up to the many faces of imperial power, including through coordinated action at the African Union and the United Nations General Assembly.

When African states founded the Organisation of African Unity in Addis Ababa on May 25, 1963, one of its core principles was respect for sovereignty and territorial integrity, a response to centuries of external intervention on the continent.

On that occasion, Ghana’s founding president Kwame Nkrumah warned fellow African leaders that “independence is only the prelude to a new and more involved struggle for the right to conduct our own economic and social affairs unhampered by crushing and humiliating neo-colonialist controls and interference”.

More than 60 years later, that warning still stands.

It is time to defend the principles of the United Nations Charter.

History shows how quickly precedents travel.

Today it is Iran.

Tomorrow it may be Africa.

The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.



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Chuck wagon cook Kent Rollins shares 6 tips for cooking in extreme weather

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As much of the country shifts from winter storms to warmer temperatures with the arrival of spring, a veteran cowboy cook says decades of experience have taught him how to prepare meals in some of the harshest conditions on Earth.

Kent Rollins, a longtime chuck wagon cook and Outdoor Channel host, has spent decades cooking for ranchers in extreme weather conditions across the country.

“If they can cowboy in it and get horseback, I can cook in it,” Rollins told Fox News Digital.

AMERICA’S ‘CAST IRON COWBOY’ REVEALS WHY TRADITIONAL SKILLETS REMAIN THE ULTIMATE COOKING TOOL

From minus-30 wind chills to 117-degree heat, Rollins, based in New Mexico, has learned how to adapt while preparing simple meals outdoors year-round.

“Life is simple,” he said. “Don’t complicate it with cooking.”

Cowboy chef Kent Rollins holds spoonfull of stew at campsite.

Kent Rollins has spent decades cooking for ranchers in some of the harshest conditions in the country. (Outdoor Channel)

Rollins has built a following of millions across social media and hosts “Cast Iron Cowboy” on the Outdoor Channel. 

He also recently launched the “Cowboy Coffee Hour” podcast with his wife, Shannon, with the two sharing stories from the trail and lessons on grit, faith and the cowboy code. 

COWBOY CHEF SAYS AMERICANS ARE TURNING TO ONE OF THE ‘HEALTHIEST MEATS,’ AND IT’S AT MOST GROCERY STORES

Here are six tips Rollins revealed to Fox News Digital that are essential for cooking in extreme conditions, he said. 

1. Stay hydrated in extreme heat and watch for warning signs

In high temperatures, Rollins, who was raised in Oklahoma, said hydration is critical — but water alone isn’t enough.

Kent Rollins stands next to a cast-iron grill and a tent.

Kent Rollins is a rancher and host of the popular Outdoor Channel show “Cast Iron Cowboy.” (Shannon Rollins)

“You’ve got to have something that’s going to put some of the good stuff back in you,” he said, noting he often turns to electrolytes, bananas and even coconut water.

FRIED BOLOGNA SANDWICH IS BOTH COWBOY ‘COMFORT FOOD’ AND ‘FIVE-STAR DINING’

He also warned people to pay attention to their bodies.

“If you ever reach up there to wipe your brow and there ain’t no sweat no more, you might have done went too far,” he said.

2. Dress in layers in the cold to prevent frostbite

Cold weather presents its own dangers, especially for those cooking outdoors for long stretches.

Rollins recommended dressing in layers and wearing moisture-wicking clothing.

Kent Rollins, an Oklahoma-born chuck wagon cook, has spent decades preserving traditional cowboy cooking methods.

Rollins says cooking outdoors requires both adaptability and common sense. (Shannon Rollins)

“Try to wear something that’s going to wick away that moisture in the wintertime if you do get sweating because water and cold make ice,” he warned.

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Rollins also stressed the importance of covering exposed areas — noting that frostbite can set in quickly in extreme wind and snow. 

3. Plan your meals based on the weather

What’s on the menu should change with the weather, Rollins said.

In colder months, he focuses on high-calorie, hearty meals. 

“We make a lot of one-pot meals,” he said, including stews, chili and homemade sloppy Joes with ground beef, onions, jalapeños, chipotle peppers, adobe sauce and grated cheese to thicken it.

Cowboy chef Kent Rollins holding chicken-fried steak with tongs at campsite on the frontier.

In hotter temperatures, Rollins says ranch hands may still enjoy steak. (Outdoor Channel)

For breakfast, he keeps things straightforward with a biscuit recipe that only calls for self-rising flour and heavy whipping cream.

In extreme heat, however, appetites shrink and meals get lighter. 

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“Cowboys ain’t going to eat as much, especially at a noon meal,” he said. 

4. Protect your fire — and always have a backup plan

Cooking outdoors means everything depends on your fire, Rollins said, especially in bad weather.

That means shielding it from wind, snow or rain and having a plan to keep it going. 

Cowboys on horseback riding toward tents with mountains in background.

A well-placed shelter and dry firewood are essential, says Rollins. (Shannon Rollins)

“Make sure you have some kind of shelter … that the water is not going to put it out,” he said.

5. Pre-warm the cast iron in cold weather to avoid cracking

Extreme temperatures can impact cookware, too, Rollins said.

Cast iron should never be taken from very cold to very hot too quickly, he said. 

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“If you shock cast iron from really being too cold to too hot in a hurry, you might crack it in half,” he said. 

Instead, he recommended gradually warming it near a fire or stove before cooking and letting it cool down slowly afterward.

Cowboys eating meal on frontier, seen behind pots on burners.

Proper care of cast iron is key in extreme conditions, Rollins says. (Shannon Rollins)

6. Use coolers for more than just keeping food cold

One of Rollins’ most versatile tools isn’t a pan or a pot. It’s a cooler, which he uses in multiple ways, depending on the weather. 

In winter, an ice chest can keep ingredients like potatoes from freezing. It can also help thaw meat or hold heat with hot water in it.

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Overall, mindset is the most important ingredient, according to Rollins. 

“If it doesn’t challenge you, it will never change you,” he said.



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Oral insulin pill shows promise in lowering blood sugar in early study

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Oral insulin could one day replace injections for people with diabetes, new scientific discoveries suggest.

Researchers from Kumamoto University in Japan have announced the development of an insulin pill to help lower blood sugar.

For diabetics, insulin is typically administered via injection, but the pill would offer a non-invasive treatment option.

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“Insulin injections remain a daily burden for many patients,” said Associate Professor Shingo Ito, a researcher in the study’s press release. “Our peptide-based platform offers a new route to deliver insulin orally, and may be applicable to long-acting insulin formulations and other injectable biologics.”

girl puts pill to mouth while holding water glass

Oral insulin could one day replace injections for people with diabetes, new scientific discoveries suggest. (iStock)

The study, published in the journal Molecular Pharmaceutics, tested the delivery of oral insulin by building a carrier peptide called DNP-V. This peptide helps to transport insulin through the small intestine, where protein drug absorption is usually poor.

In diabetic mice models, the researchers administered the peptide by mouth with zinc-stabilized insulin, which was formulated with zinc ions to make it more stable, according to the study.

“Insulin injections remain a daily burden for many patients.”

The result was a rapid and significant drop in blood glucose, as well as a sustained (longer-term) decrease. The mice’s blood sugar was reduced to near-normal levels.

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When DNP-V was attached directly to insulin, the results showed enhanced absorption in the intestines and a similar glucose-lowering effect, the researchers noted.

The treatment was effective in different diabetes models, significantly reducing blood sugar spikes after meals with just one dose per day.

white mouse held by gloved hand in lab

The study was done in mice, which leaves uncertainty if the treatment will translate to humans. (iStock)

The findings suggest that DNP peptides could serve as flexible, adaptable platforms for delivering large-molecule drugs by mouth, the authors concluded in the study abstract.

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“This technology can simply and effectively convert injectable biopharmaceuticals into orally administrable forms, offering a promising path to practical, patient-friendly oral therapies,” they wrote.

Although the researchers are optimistic about the findings translating to larger therapeutic models, they noted that the results in mice do not guarantee the same outcome in humans, and that more research is needed.

child gets finger pricked for diabetes

For diabetics, insulin is typically administered via injection to regulate blood sugar levels. (iStock)

Dr. Marc Siegel commented on this development, noting that oral insulin could make a big difference in healthcare.

“Insulin use, especially in type 1 diabetes, is sometimes difficult to regulate by injection,” Siegel, who was not involved in the study, told Fox News Digital. “Oral use would have major advantages.”

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He added, “This is very promising provided that it works in humans, which is a big ‘if.'”

Fox News Digital reached out to the study authors for comment.



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The Importance of Behavioral Analytics in AI-Enabled Cyber Attacks

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The Hacker NewsMar 20, 2026Artificial Intelligence / Data Protection

Artificial Intelligence (AI) is changing how individuals and organizations conduct many activities, including how cybercriminals carry out phishing attacks and iterate on malware. Now, cybercriminals are using AI to generate personalized phishing emails, deepfakes and malware that evade traditional detection by impersonating normal user activity and bypassing legacy security models. As a result, rule-based models alone are often insufficient for identity security against AI-enabled threats. Behavioral analytics must evolve beyond monitoring suspicious activity patterns over time into dynamic, identity-based risk modeling capable of identifying inconsistencies in real time.

Common risks introduced by AI-enabled attacks

AI-enabled cyber attacks introduce very different security risks compared to traditional cyber threats. By relying on automation and mimicking legitimate behavior, AI allows cybercriminals to scale their attacks while reducing obvious signals to remain undetected.

AI-powered phishing and social engineering

Unlike traditional phishing attacks that use generic messaging, AI enables personalized phishing messages at scale using public data, impersonating the writing styles of executives or creating context-aware messages referencing real events. These AI-powered attacks can reduce obvious red flags, slip past some filtering approaches and rely on psychological manipulation instead of malware delivery, significantly increasing the risk of credential theft and financial fraud.

Automated credential abuse and account takeovers

AI-enhanced credential abuse can optimize login attempts while avoiding triggering lockout thresholds, mimicking human-like timing between authentication attempts and targeting privileged accounts based on context. Since these attacks use compromised credentials, they often appear valid and blend into normal login activity, making identity security a crucial component of modern security strategies.

AI-assisted malware

Before cybercriminals could use AI to accelerate malware development and deployment, they had to manually modify code signatures and spend copious time creating new variants. AI can further speed up variation, scripting and adaptation. With modern adaptive malware, cybercriminals can automatically modify code to avoid detection, change behavior based on the environment and generate new exploit variants with little to no manual effort. Since traditional signature-based detection models struggle against continuously evolving code, organizations must start relying on behavioral patterns rather than static indicators.

How traditional behavioral monitoring can fail against AI-based attacks

Traditional monitoring was designed to detect cyber threats driven by malware, known security vulnerabilities and visible behavioral anomalies. Here are some of the ways traditional behavioral monitoring falls short against AI-enabled attacks:

  • Signature-based detection can’t identify modern threats: Signature-based tools rely on known signs of compromise. AI-assisted malware constantly rewrites its own code and automatically generates new variants, making static code signatures obsolete.
  • Rule-based systems rely on predefined thresholds: Many behavioral monitoring systems depend on rules, such as login frequency or geographic location. AI-assisted cybercriminals adjust their behavior to remain within set limits, conducting malicious activity over a longer period of time and mimicking human behavior to avoid detection.
  • Perimeter-based models fail when compromised credentials are involved: Traditional perimeter-based security models assume trust once a user or device is authenticated. When cybercriminals authenticate with legitimate credentials, these outdated models treat them as valid users, allowing them to carry out malicious actions.
  • AI-based attacks are designed to appear normal: AI-based cyber threats intentionally blend in by operating within assigned permissions, following anticipated workflows and executing their activities gradually. While isolated activity may seem legitimate, the main risk is when activity is regarded in tandem with behavioral context over time.

Why behavioral analytics must shift for AI-based attacks

The shift to modern behavioral analytics requires an evolution from simple threat detection into dynamic, context-aware risk modeling capable of identifying subtle privilege misuse.

Identity-based attacks require context

To appear normal, AI-driven cybercriminals often use credentials compromised through phishing or credential abuse, work from known devices or networks and conduct malicious activity over time to avoid detection. Modern behavioral analytics must evaluate whether even the slightest change in behavior is consistent with a user’s typical behavioral patterns. Advanced behavioral models establish baselines, assess real-time activity and combine identity, device and session context.

Monitoring must extend across the entire stack

Once cybercriminals gain access to systems through compromised, weak or reused credentials, they focus on gradually expanding their access. Behavioral visibility needs to cover the full security stack, including privileged access, cloud infrastructure, endpoints, applications and administrative accounts. For behavioral analytics to be more effective against AI-based cyber attacks, organizations must enforce zero-trust security and assume that no user or device should have implicit trust or automatic authentication based on network location.

Malicious insiders may use AI tools

AI tools not only empower external cybercriminals but also make it easier for malicious insiders to act within an organization’s network. Malicious insiders can use AI to automate credential harvesting, identify sensitive information or generate believable phishing content. Since insiders often operate with legitimate permissions, detecting privilege misuse requires identifying behavioral anomalies like access beyond defined responsibilities, activity outside normal business hours and repeated activity within critical systems. Eliminating standing access by enforcing Just-in-Time (JIT) access, session monitoring and session recording helps organizations limit exposure and reduce the impact of compromised accounts and insider misuse.

Secure identities against autonomous AI-based cyber attacks

At a time when AI agents can create convincing social engineering campaigns, test credentials at scale and reduce the hands-on effort required to run attacks, AI-enabled cyber attacks are becoming increasingly automated. Protecting both human and Non-Human Identities (NHIs) now requires more than authentication; organizations must implement continuous, context-aware behavioral analysis and granular access controls. Modern Privileged Access Management (PAM) solutions like Keeper consolidate behavioral analytics, real-time session monitoring and JIT access to secure identities across hybrid and multi-cloud environments.

Note: This article was thoughtfully written and contributed for our audience by Ashley D’Andrea, Content Writer at Keeper Security.

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Test your weekly news knowledge with the Fox News Quiz covering top stories

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Test your news knowledge with this week’s Fox News Digital News Quiz, featuring a Department of Homeland Security nomination vote in a Senate committee and a teen athlete’s inspiring championship victory.

Looking for another challenge?

Sports analyst Stephen A. Smith ruled out a White House bid and discussed GOP support, while Iranian women’s soccer players gained asylum in last week’s News Quiz.

Test your knowledge of tipping turmoil, burger buzz and more in this week’s American Culture Quiz.

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If you’re looking to play even more, you can find all of our quizzes by clicking here.

Check back next week for the latest News Quiz from Fox News Digital. Thanks for playing!



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Share Market Highlights March 20, 2026: Sensex, Nifty climb on IT rebound; rupee slips to 93.71/USD

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Bitcoin traded in the $70,200-$70,400 range on March 20 and posted a mild 1-1.5% pullback over 24 hours. The intraday band remained relatively contained between ~$68,800 and $71,500. This pointed to a consolidation rather than directional conviction.

From a trading standpoint, immediate support lies near the $69,000-$70,000 zone, which the market has repeatedly defended in recent sessions. A break below this exposes $65,000-$66,000 and it remains the more structurally relevant downside cushion from the late-February correction. On the upside, $72,000-$73,000 continues to cap rallies. The ~$74,400 price point has been acting as a stronger resistance barrier. A decisive move above this band is required to reopen the path towards $80,000, where overhead supply is relatively thin.

On-chain indicators remain constructive but not euphoric. Glassnode data shows the MVRV ratio around ~1.28. This means Bitcoin is trading above its realized cost basis but still below historically overheated levels. The realized cap near $1.08 trillion underscores the depth of capital embedded in the network and suggests resilience despite recent volatility.

Institutional flows have turned mixed. After a strong $199 million net inflow on March 17, US spot Bitcoin ETFs saw $163 million in outflows on March 18 and $52 million on March 19. The shift indicates some short-term profit-taking. This has been particularly from large vehicles such as BlackRock’s IBIT and Fidelity’s FBTC.

Among major altcoins, Ethereum (~2140, -3%), BNB (~640, -1.7%), and Solana (~89, -1.4%) traded weaker on the day, while XRP (~144) and TRON (~0.30) showed relative resilience on a weekly basis. The broader trend suggests altcoins continue to move largely in tandem with Bitcoin.

Macro remains the decisive driver and the signal has turned incrementally restrictive. The US Federal Reserve held rates in the 3.5%-3.75% range on March 18. But the forward guidance has shifted toward a ‘higher-for-longer’ stance, with markets now pricing little to no rate cuts in 2026. This is a sharp reversal from earlier expectations.

The pressure point is inflation persistence, particularly from energy. Brent crude has surged above $110-$115 amid Middle East tensions and raised the risk of a second-round inflation effect. This matters directly for crypto as higher oil feeds into headline inflation, which, in turn, delays Fed easing and tightens dollar liquidity. This combination historically caps upside in risk assets like Bitcoin.

Technically, this macro setup explains Bitcoin’s current range behavior. BTC is reacting less to isolated data prints and more to rate-path uncertainty and real yields. As long as inflation remains sticky and oil elevated, the $68K-$72K consolidation band is likely to persist.

In effect, the market is caught between the opposing forces of structural demand (ETFs, supply scarcity) and cyclical macro tightening (rates, oil, dollar strength). And, until one clearly dominates, Bitcoin is likely to remain a macro-sensitive, range-bound asset.

Broker’s call: Aequs (Buy) – The HinduBusinessLine

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Target: ₹145

CMP: ₹123.30

Aequs (Latin for equal) was incorporated in 2000 by promoter Mr Aravind Melligeri, an engineering technocrat who is the key driving force behind the company. Aequs has in over a decade transitioned into a tier I supplier for many aerospace majors (Airbus, Boeing, Safran). Its wins in key component programs of majors has increased parts supplied by it to nearly 5,200+. Given that Airbus aims to increase sourcing from India to $2.1 billion (FY30) versus $1.4 billion (FY25) we see significant scope for growth. Aequs, with its unique end-to-end manufacturing/forging capabilities and its status as a D2P (Detailed to Parts) supplier for Airbus, stands to gain a higher program share.

Aequs is a combination of a well-established aerospace segment and the optionality of a potentially rapidly expanding consumer segment (off a low base). We value it at FY30E EBITDA as that is when we expect key benefits of the intensive-capex phase to start showing up, and discount back to FY28 to derive our TP of ₹145.

Given the current listing, the risk reward is favorable and we initiate at Buy. In our valuation framework, 75 per cent of the value accrues from the established aerospace business underpinned by decades-old customer connections, while 25 per cent of the EV is from consumer, which is at a smaller, suboptimal scale currently (FY26) but has significant scale-up potential.

Published on March 20, 2026