Donald Trump’s return to X for his much-anticipated chat with Elon Musk on Monday didn’t help boost the value of the former president’s social media company. Shares of Trump Media & Technology Group, the parent company of Truth Social, fell 3% on Tuesday morning to trade at $24.07, to remain …
Read More »The newly formed television network of Dr. Phil reportedly axing dozens of jobs: ‘Complete shock’
According to a report, a new media company created by famous TV show host, Dr. Phil McGraw, retained about a third of its 100-person staff. Merit Street Media, founded by McGraw earlier this year, completed a layoff Monday involving fewer than 40 people, mostly in the morning and evening news …
Read More »Universal Music Group reaches agreement with Meta to license Taylor Swift, more artists on WhatsApp
Pop stars including Taylor Swift, Adele, Billie Eilish and Elton John will soon have their music played and shared on WhatsApp. Universal Music Group, the world’s largest multinational music group representing the globe’s top recording artists, on Monday reached a multi-year licensing agreement with Mark Zuckerberg’s Meta Platforms. The deal …
Read More »Waymo robotaxis wakes up sleepy San Fran residents with honking as it parks at 4am
Waymo’s autonomous robotaxis has turned into a nightmare for San Francisco residents — with their sleep interrupted by the sound of vehicle horns for an hour before dawn. Sophia Tung, a software engineer who lives above a parking lot for driverless taxis, hit out at the Alphabet-owned subsidiary for the …
Read More »Top Wall Street exec predicts ‘social unrest’ due to AI: ‘Millions could be out of work’
Artificial intelligence could make many jobs like cashiers and drivers obsolete – leading to widespread social unrest, according to a senior Wall Street finance executive. Armen Panossian, a co-CEO of Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the biggest risk” because while it “clearly …
Read More »Bloomberg reportedly fires White House reporter for breaking embargo on Evan Gershkovich deal
Bloomberg News reportedly fired a prominent White House reporter for breaking a media embargo on the prisoner swap that freed Wall Street Journal reporter Evan Gershkovich from a Russian prison. Jennifer Jacobs, a senior White House reporter for the news agency, was let go Monday after Bloomberg editor-in-chief John Micklethwait …
Read More »Exclusive | The Wizard of Ahhs! Sphere to spend $80 million to bring classic film to high-tech Vegas arena: sources
James Dolan plans to follow the yellow brick road to increase profits at the Las Vegas Strip, The Post has learned. The state-of-the-art concert venue, with its unparalleled views and haptic seating, is close to a deal with Warner Bros. Discovery to adapt the 1939 classic “The Wizard of Oz” …
Read More »Nate Silver says FiveThirtyEight suspended its predictions to help Kamala Harris
Election pundit Nate Silver slammed FiveThirtyEight for suspending its presidential predictions — offering a “theory” that the website he founded is expecting Vice President Kamala Harris’ poll numbers to improve. Silver, the statistician and data journalist who rose to fame in 2008 after accurately predicting the results of the presidential …
Read More »Elon Musk revives lawsuit against OpenAI, accuses co-founders of ‘Shakespearean’ betrayal
Elon Musk filed a new lawsuit against OpenAI and co-founders Sam Altman and Greg Brockman on Monday — just weeks after he dropped a similar lawsuit against the firm behind ChatGPT. The case filed in California by Musk — who co-founded OpenAI in 2015 but later stepped down from its …
Read More »CNBC host tells viewers to ‘go with Trump’ if they care about their paychecks
CNBC’s “Mad Money” host Jim Cramer told viewers Monday that if they care about the money in their pocket, they should support former President Trump. “If you’re in the stock market, if you care about your paycheck, you go with Trump,” Cramer said. “That’s what you do.” “Really?” asked his …
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