'GMA' star Sam Champion surprises fans with impromptu live session from Miami Beach on Labor Day weekend
'Good Morning America' host Sam Champion surprised fans during a Labor Day weekend swim in Miami Beach by going live on Instagram to wish them well
2023-09-05 11:56
'American Fiction' wins People's Choice award at Toronto Film Festival
Cord Jefferson’s “American Fiction,” a biting satire starring Jeffrey Wright as a disillusioned academic, has won the People’s Choice Award at the Toronto International Film Festival, a much-watched bellwether in the Oscar race
2023-09-18 00:57
Empty Thanksgiving seat for family of Russia-held journalist
For Pavel Butorin, Thanksgiving is the most important American holiday, but there'll be an empty chair and a gaping absence this Thursday, which his wife...
2023-11-22 22:47
Meta quarterly profit more than doubles
Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure to $11.6 billion...
2023-10-26 05:15
Reformist Thai party, thwarted from forming new government, seeks law change to limit Senate's power
The political party that captured first place in Thailand’s general election two months ago — only to see the country’s unelected Senators block it from taking power — is fighting back
2023-07-15 11:47
Ukraine-Russia war – live: Zelensky says UN ‘incapable’ of stopping Putin’s ‘criminal aggression’
Ukraine’s president Volodymyr Zelensky has accused the UN of being incapable of preventing aggressors invading other countries, as he accused Russia of committing “criminal and unprovoked aggression”. Coming face-to-face with Vladimir Putin’s ambassador to the UN for the first time since his country was invaded, Mr Zelensky told a special meeting of the UN’s security council that the aggression violated both the norms of war and the UN Charter itself. And he made an impassioned call for reform of the General Assembly and Security Council to end Russia’s war on his country. He urged reform of the world body, saying: “Humankind no longer pins its hopes on the UN when it comes to the defence of the sovereign border of nations.” The General Assembly should remove Russia’s veto power on the Security Council, he insisted, adding: “It is impossible to stop the war because all efforts are vetoed by the aggressor.” His proposals include expanding membership of the security council to include Germany and the African Union, among others. Read More Zelensky urges Trump to ‘not waste time’ and share proposal on ending Russian invasion of Ukraine Ukraine ‘has one month to hold knife to Crimea’s throat’ and force Putin into peace talks How Ukraine’s battle for the Black Sea is inflicting serious pain on Putin’s forces
2023-09-21 04:17
India's northern Haryana state tense after 5 killed in communal clashes between Hindus and Muslims
Indian authorities have imposed a curfew, suspended internet service and deployed thousands of paramilitary forces to parts of northern Haryana state after deadly communal clashes
2023-08-02 09:25
Saudi Oil Minister Tells Speculators to ‘Watch Out’: Qatar Forum
Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+
2023-05-23 17:19
NewBiologix Launches with $50M to Advance Novel Technology Platform for the Manufacturing of Gene and Cell Therapies
LAUSANNE, Switzerland--(BUSINESS WIRE)--May 11, 2023--
2023-05-11 20:51
Travis King, Army private who fled to North Korea, charged with desertion
Travis King, the US Army private who fled to North Korea in July, has been charged by the Army with desertion, among other crimes, according to a charging document seen by CNN Thursday.
2023-10-20 12:25
Native American children have been sent to more Indigenous boarding schools than previously reported, group says
Native American children have attended at least 523 Indigenous boarding schools since the 19th century, including hundreds that were run by the federal government to assimilate children into White society, a non-profit group says.
2023-08-31 06:53
Trump’s Truth Social warns company may be forced to shut down amid huge losses
Truth Social’s parent company lost almost $23m (£18.7m) in the first half of this year alone, according to a new securities filing that raises concerns about its “ability to continue”. The filing released on Monday marks the first time any financial details about Donald Trump’s social media platform have been shared publicly, according to The Hollywood Reporter. Truth Social was launched in February last year after Mr Trump was banned from most social networks in the aftermath of the 6 January 2021 Capitol riots. The former US president – who announced his candidacy for the 2024 elections in November last year – has since returned to X (formerly known as Twitter), but says Truth Social is still his primary social media platform and that he won’t post anywhere else until six hours after he sends a “Truth”. Having Mr Trump on board has not translated into revenue for the platform’s parent company Trump Media & Technology Group (TMTG), however. Over the first half of 2023 it has lost $23m while bringing in only $2.3m in net sales, the filing showed. This has raised doubts about the viability of the company and its social media startup, according to the filing. “TMTG’s independent registered public accounting firm has indicated that TMTG’s financial condition raises substantial doubt as to its ability to continue as a going concern,” the company noted in the filing. The company said the “management has substantial doubt that TMTG will have sufficient funds to meet its liabilities as they fall due, including liabilities related to promissory notes previously issued by TMTG”. The remarks were made in its assessment of business till the end of December last year and as of 30 June 2023. Concerns have also been raised over Digital World Acquisition Corporation (DWAC), a Special Purpose Acquisition Company (SPAC), that had some years ago announced plans to merge with TMTG. An SPAC is a shell corporation which raises money by listing itself on a stock exchange with the aim of using the funds for a merger with a different and usually more well-known entity. The filing said DWAC has “until 8 September 2024 to consummate a business combination”. It raised concerns that both TMTG and DWAC may not survive unless this merger is completed. “It is uncertain that Digital World will be able to consummate a business combination by this time. If a business combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of Digital World,” the filing said. “TMTG believes that it may be difficult to raise additional funds through traditional financing sources in the absence of material progress toward completing its merger with Digital World,” the filing further said. “A number of companies that had licence agreements with President Trump have failed. There can be no assurances that TMTG will not also fail,” the filing said. TMTG also cited a number of risks to its business in the new filing, including a dedicated section titled “Risks related to our chairman, president Donald J Trump”. The section lists his ongoing legal hurdles. “TMTG’s success depends in part on the popularity of its brand and the reputation and popularity of its chairman, president Donald J Trump,” the filing said. “The value of TMTG’s brand may diminish if the popularity of President Trump were to suffer. Adverse reactions to publicity relating to President Trump, or the loss of his services, could adversely affect TMTG’s revenues, results of operations and its ability to maintain or generate a consumer base.” Read More Return of original Fortnite map causes record traffic on Virgin Media O2 network Elon Musk unveils new sarcasm-loving AI chatbot for premium X subscribers Elon Musk mocks politicians at AI summit Tesla to offer ‘beast mode’ version of Cybertruck with bulletproof panels X now valued at $19bn – less than half of what Elon Musk paid for it Solar panel world record smashed with ‘miracle material’
2023-11-14 16:28
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