Tag Archives: Media

Former NFL quarterback Brett Favre, currently embroiled in a $77 million Mississippi state welfare fund scandal, released his first statement on the scandal itself on Tuesday claiming that he is innocent of any crimes. “No one ever told me, and I did not know, that funds designated for welfare recipients were going to the University or me. I tried to help my alma mater USM, a public Mississippi state university, raise funds for a wellness center. My goal was and always will be to improve the… Source link

Donald Trump is fighting to get his media company off the ground and into public markets, but Tesla CEO Elon Musk keeps getting in his way with his effort to buy Twitter (TWTR). Shares of Digital World Acquisition Company (DWAC) — the blank-check company aiming to merge with Trump’s Truth Social — dropped over 4% on Tuesday on the news that Musk was reversing course and planned to purchase Twitter for $44 billion after initially trying to back out of the deal in July. Tuesday’s decline… Source link

The U.S. Department of State’s Bureau of Educational and Cultural Affairs (ECA) and Google announced today a new partnership to support education, training, and upskilling in Southeast Asia, with pilot projects in Indonesia and Vietnam getting underway in the coming days. This public-private partnership, which was initially announced by the White House at the recent U.S.-ASEAN Special Summit, underscores the continued emphasis on the valuable role the U.S. private sector… Source link

(Reuters) – Some investors are backing out of Digital World Acquisition Corp’s plan to acquire former U.S. President Donald Trump’s social media firm Truth Social, the blank-check firm said on Friday. Digital World said it had received termination notices from private investment in public equity (PIPE) investors ending nearly $139 million in investments out of the $1 billion commitment it had previously announced. Investors, who signed the PIPE commitment about one year ago, are free to move… Source link

With the stock market in a deep funk (and getting funkier by the day) investors are looking for safe places to park their money, like stocks that pay healthy dividends. Which would be telecom stocks, right? Maybe not. The truth is that telecom stocks — there are really only three biggies these days; AT&T (T), Verizon (VZ) and T-Mobile (TMUS) — aren’t what they used to be. Some say that has to do with their disastrous forays into the world of media, but it’s probably more a matter of… Source link

Kuwait City: Boursa Kuwait today announced that the exchange’s data and that of the listed companies is now available on the “Yahoo Finance” online platform and the “Apple Stocks” application. Boursa Kuwait announced this as part of its efforts to offer regional and global investors access to stock prices and associated data, and to Boursa Kuwait indices, which could all be added to the users watch list. The” Apple Stocks” application is pre-installed on Apple smartphones,… Source link

A Google product that pays publishers to feature their content is almost a year behind its intended launch schedule in the U.S., as negotiations with some media outlets have bogged down, people familiar with the situation said. Google News Showcase allows publishers to curate panels of related stories that appear on Google News and some other Google platforms. Links bring readers to news organizations’ websites and, in some cases, allow users free access to normally paywalled content. Source link

GENEVA: UN rights chief Michelle Bachelet said Saturday that the potential extradition and prosecution of Julian Assange raised concerns for media freedom and could have a “chilling effect” on investigative journalism.Assange, who has been held in a high-security London prison since 2019, has filed an appeal against his extradition from Britain to the United States.The Australian is wanted to face trial for allegedly violating the US Espionage Act by publishing classified US military… Source link

Twitter cofounder and former CEO Jack Dorsey has rarely lacked candor in describing the company he once led. In his latest assessment of the state of the social media platform, Dorsey said he regrets letting the app become a company at all. “The biggest issue and my biggest regret is that it became a company,” Dorsey wrote in a recent tweet, replying to a question as to whether Twitter turned out the way he had originally wanted it to. Dorsey elaborated further on what his original vision… Source link

Russia’s Yandex has agreed to sell its news aggregation platform and Zen infotainment service, as well as the main page where both services have been located, to VK. In return, it will acquire 100% of the food delivery service Delivery Club. VK is one of Russia’s largest social media businesses and has until now been one of Yandex’s strongest competitors. It is majority owned by Sogaz, whose main shareholder is Yury Kovalchuk. Meanwhile, Yandex has until now been referred to as… Source link