TikTok threatened with US ban if Chinese owners don’t sell stakes
The Biden administration has reportedly threatened to ban the use of TikTok in the US unless the popular video sharing app’s China-based owners sell their...
Credit Suisse given $54 billion lifeline to prevent global bank crisis
Credit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up liquidity and investor confidence after a slump in...
Boss of CNN-parent says execs are ‘all f—ing behind’ network CEO Chris Licht
Warner Bros. Discovery boss David Zaslav went on a foul-mouthed rant as he threw his support behind embattled CNN CEO Chris Licht amid rumors the...
Dutch court finds Facebook misused data in class action suit
A Dutch court hearing a class action lawsuit on Wednesday found that a European subsidiary of Meta (META.O), Facebook Ireland, improperly used the personal data of...
Domino’s CEO Ritch Allison spent nearly $4,000 on pizza
That’s a lot of dough! Domino’s former boss racked up a nearly $4,000 pizza tab in his final year of running the national chain, according...
Kaitlan Collins dumps Don Lemon’s agent amid ‘CNN This Morning’ upheaval
“CNN This Morning” host Kaitlan Collins dumped the agent she shared with her controversial co-host Don Lemon amid ongoing turmoil at the cable news network,...
Silicon Valley Bank client Gavin Newsom praised bailout
Gavin Newsom hailed the Biden administration’s decision to federally insure all depositors of Silicon Valley Bank — without disclosing the fact that the failed lender...
Diamond Sports files for bankruptcy ahead of start of MLB season
The largest owner of regional sports networks filed for Chapter 11 bankruptcy protection after the company missed a $140 million payment on its more than...
Wall Street titans warn of crisis after SVB’s failure
Wall Street titans are sounding alarms about a crisis brewing in the global financial sector following the implosion of Silicon Valley Bank. The warnings from...
SVB donated $73M to Black Lives Matter movement, social justice causes
Silicon Valley Bank, which collapsed on Friday after a classic bank run, donated more than $73 million to groups related to the Black Lives Matter movement,...