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Why Is Newsmax’s Stock Surging? What to Know About the Right-Wing News Channel.
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on the public market for the first time.The New York Times - 1d -
Futureverse teams with Story in Web3 technology deal
Futureverse, a AI and metaverse technology company, has signed a memorandum of understanding to do an intellectual property deal with Web3 firm PIP Labs.VentureBeat - 23h -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 20h -
How Trump’s Tariffs Could Hobble a U.S. Battery Boom
Across the country, companies have been installing giant batteries that help them use more wind and solar power. That’s about to get much harder.The New York Times - 20h -
Apple Leads Tech Stock Sell-Off After Trump Tariffs, Falling 9 Percent
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.The New York Times - 16h -
Baltimore sues sportsbooks over 'shady' practices
The city of Baltimore sued DraftKings and the parent company of FanDuel, accusing them of using deceptive and unfair practices to target and exploit vulnerable gamblers.ESPN - 12h -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 1h -
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
The Chinese government said it would match President Trump’s tariff, and also barred a group of American companies from doing business in China.The New York Times - 34m -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
Ocean dumping – or climate solution? An industry bets on the ocean to capture carbon
Dozens of companies and academic groups are pitching the same theory: that sinking rocks, nutrients, crop waste or seaweed in the ocean could lock away climate-warming carbon dioxide for centuries ...ABC News - Mar. 21 -
Nintendo Is Changing the Way Digital Games Work
During its Nintendo Direct event Thursday, the company revealed “Virtual Game Cards,” which will allow players to share games or play across multiple systems. It also teased Metroid Prime 4: Beyond.Wired - Mar. 27 -
Jen Salke to step down from her role at Amazon MGM Studios
Jen Salke, head of Amazon MGM Studios, will step down from her role, according to an internal email from the company. She will start her own production entity.Los Angeles Times - Mar. 27 -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 6d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 6d -
Elon Musk Says He Has Sold X to His A.I. Start-Up xAI
The deal combined two of Mr. Musk’s companies, which have been on different trajectories. The transaction valued xAI at $80 billion and X at $33 billion, the billionaire said.The New York Times - 6d -
Turkish opposition leader calls for weekly rallies and deeper economic boycott
Özgür Özel expands call to boycott companies perceived as close to President Recep Tayyip Erdoğan. Turkey’s anti-government protesters are weighing their options, amid calls by the main opposition ...The Guardian - 4d -
The Danish island of seaweed cottages, salt and seafood
The remote North Sea isle of Læsø is world-famous for the gastronomic delights that come from its waters – so the best way to explore it is in waders. After just 10 minutes in the company of ...The Guardian - 4d -
An AI Image Generator’s Exposed Database Reveals What People Really Used It For
An unsecured database used by a generative AI app revealed prompts and tens of thousands of explicit images—some of which are likely illegal. The company deleted its websites after WIRED reached out.Wired - 4d -
China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologiesABC News - 3d -
China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologiesABC News - 3d -
Amazon's Nova AI agent launch puts it up against rivals OpenAI, Anthropic
Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and other companies that ...NBC News - 3d -
Tariffs on Screws Tighten Small Business Margins
New 25 percent levies on imported aluminum and steel materials have driven up the prices of nails, bolts, screws, and other fasteners many U.S. companies use by the millions every year.Inc. - 3d -
Betsy Riley Will Lead NBC’s Primetime Olympics Show
Looks like NBC’s new pop-culture primetime Olympics show is becoming permanent. NBC Sports said Monday that it had lured Betsy Riley, a one-time NBC Sports veteran, to return to the company from ...Yahoo Sports - 3d -
Wall Street banks got meager payout from CoreWeave IPO
After waiting over three years for a billion-dollar-plus IPO from a U.S. tech company, Wall Street's top banks only got a 2.8% fee.CNBC - 3d -
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group ...NBC News - 3d -
OpenAI to release open-source model as AI economics force strategic shift
OpenAI plans to release its first open-weight AI model since 2019 as economic pressures mount from competitors like DeepSeek and Meta, marking a significant strategic reversal for the company ...VentureBeat - 3d -
Caity Simmers and John John Florence Join Forces on Veia Supplies
The two reigning champs now ride for the same small, rider-owned surf accessories company. Today, Veia Supplies announced it had signed 2024 world title winner Caity Simmers to its team, and will ...Yahoo Sports - 3d -
Trump makes history by pardoning a corporation
Companies involved in financial crimes don’t have to worry about accountability under this president, as least when it comes to crypto, for reasons that he has no incentive to ever make known.The Hill - 2d -
Bethesda And ZeniMax Union Votes To Authorize A Strike
After two years of contract negotiations with parent company Microsoft, ZeniMax Workers United members have voted in overwhelming favor to authorize a strike. The union announced the news earlier ...GameSpot - 2d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 2d -
Meta's head of AI research stepping down
The head of Meta’s artificial intelligence research division said she plans to step down, vacating a high-profile position at the parent company of Facebook and Instagram at a time of intense ...ABC News - 2d -
Why Trump's tariffs may not hit Tesla
{beacon} Technology Technology The Big Story Why Tesla may fare better under Trump's auto tariffs Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of ...The Hill - 2d -
Nightdive Studios Wants To Start Remastering PS3 And Xbox 360 Games
Nightdive Studios, a company known for efforts in updating and preserving outdated video games, has revealed that it would like to start remastering games from the PS3 and Xbox 360 era.. In an ...GameSpot - 2d -
Meta's head of AI research stepping down
The head of Meta’s artificial intelligence research division said she plans to step down, vacating a high-profile position at the parent company of Facebook and Instagram at a time of intense ...ABC News - 2d -
Disney plans to vacate storied Fox lot in Century City by year's end
Disney's lease for space on Fox's Pico Boulevard compound in Los Angeles expires next March. The company has no plans to renew its lease and plans to vacate by year's end, Disney insiders said.Los Angeles Times - 2d -
Gannon wrestling boasts twin national powers. Sierra Chiesa commitment will only help
Gannon University has maintained a stalwart NCAA men's wrestling program and a women's team surging toward elite company. The commitment of Erie County legend Sierra Chiesa will only help.Yahoo Sports - 2d -
Why Tesla may avoid the blow of Trump's auto tariffs
Elon Musk’s focus on American-made products at Tesla could shield his company from the brunt of President Trump’s new tariffs on foreign vehicles and automobile parts. While foreign automakers ...The Hill - 2d
