Anna Barclay | Getty Images News | Getty Images Advertising guru Martin Sorrell has questioned the prospects of Donald Trump’s newly public Truth Social platform, saying it was currently “unfathomable” that clients would want to buy ads on the site. The British businessman told CNBC on Wednesday that the former U.S. president’s social media platform
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Former President Donald Trump speaks during a press conference at 40 Wall Street on March 25, 2024 in New York City. Michael M. Santiago | Getty Images Donald Trump on Wednesday again targeted on social media the daughter of the judge in his upcoming criminal hush money trial — one day after that judge imposed
The Food and Drug Administration on Tuesday approved a drug from Merck designed to treat a progressive and life-threatening lung condition in a win for both the drugmaker and for patients suffering from the rare disease. The agency greenlighted the therapy, which will be marketed as Winrevair, for adults with pulmonary arterial hypertension. The decision
Baltimore’s Francis Scott Key Bridge partially collapsed in the early hours of Tuesday morning following a ship collision, local authorities said. The bridge carries Route 695 across the Patapsco River, southeast of the Baltimore metropolitan area. The incident took place at 1:35 a.m. local time on Tuesday, and workers may have fallen into the water,
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy A. Clary | AFP | Getty Images Reddit shares were up 30% to $59.80 at the market’s close on Monday. The social media company’s stock has been rising ever
The video game industry cannot quit microtransactions. In fact, two of the largest video game companies in the United States — Electronic Arts and Take-Two Interactive — now make the overwhelming majority of their money from live-service games, subscriptions and in-game purchases, according to their recent earnings reports. Microtransactions are purchases that users make inside a game using
Former U.S. President Donald Trump speaks to the media after voting at a polling station setup in the Morton and Barbara Mandel Recreation Center on March 19, 2024, in Palm Beach, Florida. Joe Raedle | Getty Images Donald Trump faces the severe risk that New York‘s attorney general will begin trying to collect a $454
Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024. Hollie Adams | Reuters Demand for weight loss drugs is booming in the U.S. despite their limited insurance coverage and roughly $1,000 monthly price tags before discounts. But some patients are willing to pay more out of
Zoom In IconArrows pointing outwards Chart for price of shares in Digital World Acquisition Corp. in days leading up to and including shareholder approval of merger with Donald Trump’s social media company. CNBC Donald Trump on Saturday told his many online followers, “I LOVE TRUTH SOCIAL” — but shareholders in the newly merged company that
LONDON — Kate, Britain’s Princess of Wales, on Friday revealed she has been diagnosed with cancer and is undergoing chemotherapy. In a video statement released Friday, she said that she had undergone major abdominal surgery in London in January, saying that it was initially thought her condition was noncancerous. “The surgery was successful. However, tests after
Taiwan’s defense chief, Chiu Kuo-cheng, has revealed that American troops are permanently stationed in Taiwan. Our soldiers are there to train Taiwan’s military in the use of things like drones. However, some of those troops are less than two miles from China’s border. A headline in London’s The Express warns that this puts the “world”
Jonathan Raa | Nurphoto | Getty Images The price of shares in Digital World Acquisition Corp. closed trading Friday nearly 14% lower than their opening price after the shell company’s shareholders approved a merger with the social media company owned by former President Donald Trump. DWAC had opened the trading day at $44.20 per share,
Terry Vine | Getty Images Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. By 2050, three-quarters of countries are forecast to fall below the population replacement birth rate of 2.1 babies per female, research published
Reddit shares jumped 48% in their debut on Thursday in the first initial public offering for a major social media company since Pinterest hit the market in 2019. The 19-year-old website that hosts millions of online forums priced its IPO on Wednesday at $34 a share, the top of the expected range. Reddit and selling
In this photo illustration a Reddit logo is seen displayed on a smartphone. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according
Angela Chao attends the AFI Awards Luncheon at Four Seasons Hotel Los Angeles at Beverly Hills on January 12, 2024 in Los Angeles, California. Frazer Harrison | Getty Images Texas authorities on Wednesday released the findings of their investigation of the drowning death in February of Foremost Group CEO Angela Chao after she accidentally drove
U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022. Joshua Roberts | Reuters The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps
Ohio voters are at the polls Tuesday to choose a Republican challenger to incumbent Democratic Sen. Sherrod Brown. The competitive Senate seat in a red state is considered a must-win for Republicans who hope to regain control of the chamber in November. The race will also serve as an early measure of how much Donald
Democratic presidential hopeful and former Vice President Joe Biden in Las Vegas, Nevada on February 22, 2020. RONDA CHURCHILL President Joe Biden will visit the battleground state of Nevada Tuesday to take aim at corporate landlords, who the White House claims are keeping rents artificially high even as overall inflation has eased. Biden’s attack on
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Artificial Intelligence Conference at SAP Center on March 18, 2024 in San Jose, California. Justin Sullivan | Getty Images Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia’s developer’s
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