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China to establish spy facility in Cuba off southeastern US -WSJ
China to establish spy facility in Cuba off southeastern US -WSJ
By Matt Spetalnick and Jonathan Landay WASHINGTON (Reuters) -China has reached a secret deal with Cuba to establish an electronic
2023-06-09 00:45
Where is Kevin Spacey after sex assault trial? Actor might quit Hollywood as producers worry he is not 'worth the risk'
Where is Kevin Spacey after sex assault trial? Actor might quit Hollywood as producers worry he is not 'worth the risk'
According to some observers, it is difficult to picture Kevin Spacey rebuilding his career, at least in the US, anytime soon
2023-09-26 21:28
Trump’s Truth Social warns company may be forced to shut down amid huge losses
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
GMA’s Michael Strahan avoids ex-wife Jean Muggli as duo attends graduation of daughters Isabella and Sophia
GMA’s Michael Strahan avoids ex-wife Jean Muggli as duo attends graduation of daughters Isabella and Sophia
Michael Strahan's daughters Isabella and Sophia graduated from the Convent of the Sacred Heart located in Manhattan
2023-06-15 11:19
US State Department expects to be able to evacuate Americans from Niger on charter flight taking diplomats out
US State Department expects to be able to evacuate Americans from Niger on charter flight taking diplomats out
The US State Department expects to be able to evacuate some Americans who wish to leave Niger on a charter flight transporting non-emergency diplomats and family members out of the country, a senior State Department official said.
2023-08-04 22:30
Wrexham AFC may be next to feel Taylor Swift surge as fans believe owner Ryan Reynolds worked magic on singer
Wrexham AFC may be next to feel Taylor Swift surge as fans believe owner Ryan Reynolds worked magic on singer
The Chiefs won the game 23-20, with Taylor Swift appearing to enjoy herself, as she smiled in the box alongside Ryan Reynolds
2023-10-03 02:58
In Israel, 'the place where you want your kids to grow up' has suddenly turned into the front line
In Israel, 'the place where you want your kids to grow up' has suddenly turned into the front line
People from Be'eri sometimes used to say the reason the Israeli kibbutz was so close to the Gaza Strip was because otherwise, it would be too perfect.
2023-10-12 13:29
Joe Biden says he has no plans to visit East Palestine even 7 months after toxic train crash
Joe Biden says he has no plans to visit East Palestine even 7 months after toxic train crash
The tragedy in East Palestine happened when a Norfolk Southern freight train derailed, releasing a hazardous mix of toxic chemicals into environment
2023-09-03 19:16
Man arrested in Nebraska in alleged assault of former US Sen. Martha McSally
Man arrested in Nebraska in alleged assault of former US Sen. Martha McSally
A man has been arrested in the alleged assault of former U.S. Sen. Martha McSally who says she was molested as she jogged along the Missouri River in Iowa
2023-11-11 01:16
Former US Vice President Pence has qualified for Republican debate -team
Former US Vice President Pence has qualified for Republican debate -team
Former U.S. Vice President Mike Pence has qualified for the first Republican debate of the 2024 U.S. presidential
2023-08-08 22:53
Armed man barricades himself in room at Caesars Palace in Las Vegas as SWAT teams descend
Armed man barricades himself in room at Caesars Palace in Las Vegas as SWAT teams descend
A man who says he is armed has barricaded himself in a room at Caesars Palace in Las Vegas, police say, where the individual is holding a female hostage. The Las Vegas Metropolitan Police Department said they received a complaint of a domestic disturbance at around 9.15am on Tuesday. When they arrived at the hotel and casino on the Las Vegas Strip, the man refused to come out and told officers he was armed, police said. Vegas police said the man pulled a woman into his room “by force” and that she remains inside. “She is still in the room at this time,” a police spokesman said on Tuesday morning during a press update. “The female has been heard from and is still OK.” The officer added that no shots have been fired and no weapons have been seen. SWAT teams and crisis negotiators have been sent to the hotel on the 3500 block of South Las Vegas Boulevard. Police asked residents to avoid the area and watch out for emergency personnel. “We are actively trying to resolve this situation,” the LVPD said in a tweet. North Carolina real estate broker Alyssa Hellman told The Independent she was at the Caesars Palace pool with her wife when she heard a loud bang at about 1.30pm. She said she looked up to see that a window had been broken on about the 10th floor, and a man inside started throwing furniture out onto the concourse. “We heard a bang and then one of the windows was broken open, and the guy was throwing things out. Lamps, a TV and a minibar. He’s drawn the curtains now,” Ms Hellman said. Ms Hellman said guests were evacuated from the pool area, but staff did not explain what was going on. The couple had retreated to a safe distance and said everyone around them seemed “pretty calm and content”. “We’re tucked back hidden away, closer to the Bellagio,” she said. A video posted to Twitter showed security guards duck for cover as a television fell to the ground behind them. One guest told 8NewsNow that she had been swimming in the pool when a security guard ordered everybody out. The witness said she saw chairs being thrown from a window, which appeared to be completely smashed out. Caesars Entertainment said in a statement: “We are aware of the security incident at Caesars Palace. Our team is cooperating fully with law enforcement officers on scene who are handling the investigation.” Read More Caesars Palace standoff news - live: SWAT teams respond to ‘armed’ man barricaded in Las Vegas hotel room Las Vegas police officer set to go on trial over $165k stolen in 3 casino heists Oklahoma county sheriff and three other officials allegedly caught on tape talking about killing journalists Ex-student sentenced to 16-plus years in prison for 2022 attack on Las Vegas high school teacher
2023-07-12 05:27
Ninja's bizarre comment about wife Jessica Blevins while playing 'League of Legends' once took Internet by storm
Ninja's bizarre comment about wife Jessica Blevins while playing 'League of Legends' once took Internet by storm
Ninja's fans have turned the now-deleted tweet about his wife, Jessica Blevins, into an inside joke and usually share it on the same date every year
2023-06-25 14:59