DirecTV and Newsmax have reached a new multi-year deal that will bring the conservative channel back to some 13 million customers this week. The deal marks the end of a long and bitter public relations battle between the two companies that hinged on transportation costs, with Newsmax management repeatedly accusing the cable company of political … Read more
A tumultuous week in U.S. financial markets ended on an uncertain note on Friday after a massive injection of $30 billion in deposits from major banks into First Republic Bank failed to calm investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – began … Read more
Meta Platforms, parent company of Facebook Inc. created a tool to predict the structure of hundreds of millions of proteins using artificial intelligence. Researchers say promises to deepen scientists’ understanding of biology, and perhaps accelerate the discovery of new drugs. Meta’s research arm, Meta AI, used the new AI-based computer program known as ESMFold to … Read more
WASHINGTON — The Biden administration is demanding that Chinese owners of TikTok sell their shares in the video-sharing app or face a possible U.S. ban on the app, according to people familiar with the matter. The move represents a major shift in policy by the administration, which has been criticized by some Republicans who say … Read more
Michelle Yeoh accepts the Best Actress award for ‘Everything Everywhere All at Once’ onstage during the 95th Annual Academy Awards at Dolby Theater on March 12, 2023 in Hollywood, California. Kevin Winter | Getty Images Entertainment | Getty Images And no one was slapped. “Everything Everywhere All at Once” dominated the Oscars on Sunday night, … Read more
The BBC, the British public service broadcaster, reached an agreement with star football presenter Gary Lineker on Monday. Gary Lineker, the organization’s highest-paid presenter, posted a comment on Twitter last week in response to the UK’s latest immigration policy. The BBC considered the tweet breached its strict rules of impartiality. Gary Lineker’s tweets and the … Read more
Investors feared the fastest interest rate increases in decades meant something in the economy could snap. Last week it was. Now investors are wondering: what else could crack? Silicon Valley Bank was shut down on Friday after being hit by a run on its deposits, the second-largest bank failure in US history. The fallout rocked … Read more
Metaplatforms related to Facebook Inc. META -1.20% plans to announce additional layoffs in several rounds over the next few months that, in total, would be about the same magnitude as the 13% reduction in its workforce last year, according to people familiar with the matter. The new cuts, the first wave of which is expected … Read more
As Netflix moves closer to rolling out password-sharing guidelines in the United States, college students are bracing for changes in their streaming habits. Netflix introduced its password-sharing guidelines for users in Canada, New Zealand, Portugal and Spain in February. But he did not say how or when exactly the crackdown will hit the United States. … Read more
WASHINGTON—The Federal Trade Commission has asked Twitter Inc. to turn over internal communications related to owner Elon Musk, along with detailed information about the layoffs—citing concerns that the staff cuts could jeopardize the company’s ability company to protect users, documents viewed by the Wall Street Journal show. In 12 letters sent to Twitter and its … Read more
