DJT shares crack $50 as Trump Media continues stock bounce back

DJT shares crack  as Trump Media continues stock bounce back

Former US president Donald Trump announced plans on October 20 to launch his own social networking platform called “TRUTH Social,” which is expected to begin its beta launch for “invited guests” next month. Chris Delmas | AFP | Getty Images Trump Media shares opened trading Wednesday higher, breaking the $50 per share threshold for the … Read more

Pinterest shares soar 18% on earnings beat, strong revenue growth

Pinterest shares soar 18% on earnings beat, strong revenue growth

Sopa Images | Lightrocket | Getty Images Shares of Pinterest popped 18% in extended trading Tuesday after the company reported first-quarter results that beat analysts’ estimates and showed its fastest revenue growth since 2021. Here’s how the company did, compared to LSEG analyst expectations: Earnings per share: 20 cents adjusted vs. 13 cents expected Revenue: … Read more

Amazon cost cuts lift operating margin to double digits for first time

Amazon cost cuts lift operating margin to double digits for first time

Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow’s opening night for the NHL’s newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle. Bruce Bennett | Getty Images Sport | Getty Images For most of its 27 years as a public company, … Read more

Doctors tap personal savings for costs

Doctors tap personal savings for costs

Omar Marques | Lightrocket | Getty Images On a Sunday in early March, Dr. Angeli Maun Akey noticed something peculiar while making payroll for her private practice in Gainesville, Florida: She was missing $19,000. Akey owns and operates a primary care practice that serves around 3,500 patients in the area, many of whom suffer from … Read more

Court upholds Milwaukee police officer’s firing for posting racist memes after Sterling Brown arrest

Court upholds Milwaukee police officer’s firing for posting racist memes after Sterling Brown arrest

MADISON, Wis. — The Wisconsin Supreme Court ruled Tuesday that a former Milwaukee police officer was properly fired for posting racist memes related to the arrest of an NBA player that triggered a public outcry. Officer Erik Andrade was involved in the 2018 arrest of Sterling Brown, who then played for the Milwaukee Bucks. Brown … Read more

Meta hit with major EU disinformation probe ahead of elections

Meta hit with major EU disinformation probe ahead of elections

Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. Alex Wong | Getty Images Meta on Tuesday was hit by the European Commission — the executive body of the European Union — with a major investigation into its compliance with … Read more

Trump Media shares soar more than 12% in afternoon trading

Trump Media shares soar more than 12% in afternoon trading

Jonathan Raa | Nurphoto | Getty Images The share price of Trump Media soared by more than 12% in afternoon trading Monday, continuing a stunning rise that began in mid-April. The DJT ticker was up more than $5 per share just before 1 p.m. ET. Trump Media owns the Truth Social app frequently used by … Read more

The Latest Online Culture War Is Humans vs. Algorithms

The Latest Online Culture War Is Humans vs. Algorithms

Brands and bots are barred from Spread, and, like PI.FYI, the platform doesn’t support ads. Instead of working to maximize time-on-site, Rogers’ primary metrics for success will be indicators of “meaningful” human engagement, like when someone clicks on another user’s recommendation and later takes action like signing up for a newsletter or subscription. He hopes … Read more

Digital ad market on mend as Meta, Alphabet, Snap show faster growth

Digital ad market on mend as Meta, Alphabet, Snap show faster growth

A view of Google Headquarters in Mountain View, California, United States on March 23, 2024.  Tayfun Coskun | Anadolu | Getty Images Advertising is so back. After a brutal 2022, when brands reeled in spending to cope with inflation, and a 2023 defined by layoffs and cost cuts, the top digital advertising companies have started … Read more

Snap shares rocket 28% as company reports unexpected profit

Snap shares rocket 28% as company reports unexpected profit

A view of the atmosphere during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California.  Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares surged 28% on Friday after the company surprised Wall Street by showing a profit and reported sales and user numbers that exceeded analysts’ … Read more