Kim Kardashian’s private equity firm SKKY Partners has struggled to land funding — raising just a fraction of its $2 billion goal, according to a federal securities filings. The reality TV star-turned-mogul — who launched the private equity firm with former Carlyle Group executive Jay Sammons more than a year ago.– has scored just $121
World
Student protests against Israel’s war on Gaza are continuing to spread across U.S. campuses despite an intensifying police crackdown. In Los Angeles, police in riot gear arrested 93 people after students at the University of Southern California began an occupation of USC’s Alumni Park to call for USC to divest from Israel.
Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks. But shares of the company fell more than 5%. Peacock added 3 million subscribers in the first quarter, taking its total to 34 million and outpacing estimates of 2.32 million by Visible
Stocks slumped on Thursday as most megacaps fell after Meta Platforms’ quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. The Dow Jones Industrial Average slid 580 points, or 1.5%, to 37,879. It had tumbled nearly 700 points in morning trading.
President Biden signed the $95 billion military spending package for Ukraine, Israel and Taiwan Wednesday after months of congressional wrangling. Biden said weapons would flow into Ukraine “within hours” and declared, “It’s a good day for world peace.” The spending package includes $26 billion in more funding for Israel, which has now killed over 34,000
Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant’s stock was down 13.5%, at $427 at 11:30 am ET — threatening to wipe roughly $200 billion in market cap. Zuckerberg’s net worth also took a massive hit, wiping out about
Oh, sweet the ‘nanny state’ is back! Fast-food chains and coffee shops in New York City would have to slap a warning on menu boards and packaging under a new rule from the Adams administration. The city Health Department’s first-in-the-nation edict will mean labels warning on food and drinks with more than 50 grams of
Oh, sweet the ‘nanny state’ is back! Fast-food chains and coffee shops in New York City would have to slap a warning on menu boards and packaging under a new rule from the Adams administration. The city Health Department’s first-in-the-nation edict will mean labels warning on food and drinks with more than 50 grams of
One of the nations leading evangelists is warning Christian parents that Taylor Swifts newest album contains lyrics that seemingly oppose the faith. Shane Pruitt, the author of Calling Out the Called and an evangelist who tours with the annual Winter Jam concert, sparked an online debate Monday with comments on his Facebook page that led to
Mark Zuckerberg received the lowest salary of all of Meta’s staff in 2023, with his measly $1 salary — though the Big Tech chief raked in a staggering $24.4 million in “other compensation.” According to a proxy filing statement, the lion’s share of this “other compensation” covered Zuckerberg’s security costs. Though the Securities and Exchange
Walmart said it will remove self-checkout counters at two more stores — including one where retail theft has gotten so bad that shoppers say going there has become downright “scary.” The Arkansas-based retail giant didn’t address the problems of retail theft, saying it was ditching the self-checkout lanes at the store in Cleveland and another
TikTok has vowed to wage a legal war after President Biden signed into law a bipartisan bill that forces its Beijing-based parent company to sell the popular video-sharing app or face a US ban. “Rest assured — we aren’t going anywhere,” Tiktok CEO Shou Zi Chew said in a video posted moments after Biden signed
Loading… Loading… Kaspi.kz JSC ADR KSPI witnessed a 7% decline in its shares on Monday, April 8 after severe flooding struck rural regions of Kazakhstan. Such occurrences are not uncommon in Kazakhstan. However, the flooding is reported to be the worst natural disaster to hit the nation in 80 years, according to President Kassym-Jomart Tokayev.
Apple iPhone sales in China plunged 19% in the first three months of the year — the worst performance since the start of the pandemic in 2020 — to knock the Tech giant from its perch as the top-selling phone in the crucial market. The Cupertino, Calif.-based company’s share in the world’s biggest smartphone market
JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust US economy backed by strong employment and healthy consumer finances. The US economic boom is “unbelievable,” Dimon said in an interview at an Economic Club of New York event. “Even if we go into recession, the consumer’s still in good shape.” Still, he warned about the potential economic impact
Adobe announced Tuesday it plans to roll out a tool for full artificial intelligence image generation in its Photoshop software later this year — months after being panned for rendering historically inaccurate photos. The company’s new tool —akin to DALL-E and Stable Diffusion —will enable creative professionals to generate images from text, positioning Adobe to
Loading… Loading… The trend of Bitcoin BTC/USD whales accumulating the cryptocurrency appears to have halted, according to a popular analyst. What Happened: On Tuesday, Ali Martinez, took to social media platform X, formerly Twitter, to alert the community about the cessation of Bitcoin accumulation by whales. Martinezs post was accompanied by a chart of the
Loading… Loading… Glauber Contessoto, a well-known Dogecoin DOGE/USD investor, recently gave a nod to an investor strategy that involves heavy allocation to meme coins Pepe (PEPE) and Dogwifhat (WIF). What Happened: On Monday, Contessoto responded to a plan shared on X, a platform formerly known as Twitter, with a tweet saying, This is basically my
Loading… Loading… Dogecoin Killer Shiba Inu SHIB/USD has witnessed significant whale activity driven by a 26% weekly surge, with the lead developer signaling confidence in the meme coin's performance. What Happened: Etherscan data shows one whale address that accumulated 237.87 billion SHIB on Monday. The anonymous wallet was set up recently, and the transaction could
Apple iPhone sales in China plunged 19% in the first three months of the year — the worst performance since the start of the pandemic in 2020 — to knock the Tech giant from its perch as the top-selling phone in the crucial market. The Cupertino, Calif.-based company’s share in the world’s biggest smartphone market
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