DJT shares soar, Trump Media rolls out TV streaming

DJT shares soar, Trump Media rolls out TV streaming

STR | Nurphoto | Getty Images Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock price, which trades under the ticker DJT on the Nasdaq, jumped more than 6% Friday morning on the heels of … Read more

Black jobs swipe at Trump after Olympics gold

Black jobs swipe at Trump after Olympics gold

Simone Biles of Team United States reacts after competing on the vault during the Artistic Gymnastics Women’s Qualification on day two of the Olympic Games Paris 2024 at Bercy Arena on July 28, 2024 in Paris, France. Jamie Squire | Getty Images Sport | Getty Images American gymnast Simone Biles appeared to take a swipe … Read more

Turkey blocks Instagram amid complaints of censorship of Hamas posts

Turkey blocks Instagram amid complaints of censorship of Hamas posts

Didem Mente | Anadolu | Getty Images Turkey blocked access to Instagram for its 85 million people, the country’s Information and Communication Technologies Authority announced Friday morning. “Instagram.com has been blocked by a decision on the date of 02/08/2024,” local media cited a post on the authority’s website as saying. According to Turkish media, there … Read more

Elon Musk PAC data backs Trump over Harris in election

Elon Musk PAC data backs Trump over Harris in election

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters If a voter in Michigan performs a search on Google, a somewhat shocking ad might pop up. … Read more

Snap shares plunge more than 20% on weak guidance

Snap shares plunge more than 20% on weak guidance

Evan Spiegel, co-founder and CEO of Snap Inc., during the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts’ estimates. Here is how … Read more

Amazon’s advertising business grew 20% in the second quarter

Amazon’s advertising business grew 20% in the second quarter

Future Publishing | Future | Getty Images Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates. Amazon disclosed the latest quarterly financial results of its online advertising unit on Thursday when it reported its second-quarter earnings. The company’s overall second-quarter sales were $147.98 … Read more

DoorDash shares pop 13% on second-quarter revenue beat

DoorDash shares pop 13% on second-quarter revenue beat

A DoorDash driver on an electric bicycle wearing a cooler backpack with the skyline of San Francisco in the background. Smith Collection | Gado | Getty Images Shares of DoorDash popped 13% in extended trading on Thursday after the company reported second-quarter results that beat analysts’ expectations for revenue. Here is how the company did, … Read more

UK PM Keir Starmer warns social media firms to uphold law over misinformation

UK PM Keir Starmer warns social media firms to uphold law over misinformation

London: UK Prime Minister Keir Starmer warned social media companies Thursday they must uphold laws around spreading incendiary misinformation, following unrest blamed on the sharing of unverified details about the Southport knife attack. Addressing the nation from his Downing Street office and residence, Starmer pointed the finger at the role of the firms in two … Read more

Elon Musk sued by ex-CNN anchor Don Lemon over canceled X deal

Elon Musk sued by ex-CNN anchor Don Lemon over canceled X deal

Elon Musk (L) & Don Lemon Reuters (L) | Getty Images (R) Former CNN anchor Don Lemon sued Elon Musk on Thursday, accusing him of making false promises to entice the journalist into a canceled deal to host a show on the billionaire’s social media platform. The lawsuit alleges that Musk — who bought Twitter … Read more

Meta shares pop on Q2 earnings beat, rosy revenue forecast

Meta shares pop on Q2 earnings beat, rosy revenue forecast

Jaques Silva | Lightrocket | Getty Images Meta shares jumped 6% on Thursday after the company reported second-quarter earnings that beat Wall Street’s expectations and offered a rosy revenue forecast. Revenue in the period increased 22% to $39.07 billion from $32 billion a year earlier, Meta said late Wednesday. Analysts were expecting revenue of $38.31 … Read more