Does Kai Cenat want to become an actor? Streamer's surprising career transition plans leave Twitch Community speechless: 'I’m not good at music'
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2023-07-15 15:17
A 7-year-old discovers a 2.95-carat diamond while visiting a state park
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Has Andrew Tate's house arrest been extended? Top G shared peculiar video rant before announcement, fans suggest 'escaping the country'
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2023-06-24 14:24
What is flood insurance, and why do you need it?
Highlands, New York, was underwater and under a state of emergency as devastating floods swept the area this weekend. Gov. Kathy Hochul warned of "life-threatening flooding," and nearby West Point saw a 1-in-1000-year rainfall on Sunday afternoon, totaling nearly eight inches in six hours. Some drivers swam out of their cars to safety, and 13,000 homes lost power.
2023-07-13 02:29
Spain rescues boat with 86 migrants, hundreds likely still missing
MADRID (Reuters) -Spanish maritime rescue that dispatched a plane and a ship to search for a fishing vessel from Senegal
2023-07-11 01:58
Scores Killed in Sudan’s Darfur Region as Militia Routs Army Base
About 200 people may have been killed by Sudanese militias allied with the Rapid Support Forces, after the
2023-11-09 16:47
Jennifer Garner has no desire to revisit past like her character in 'Family Switch', says 'I'll stay right here'
'I think my kids work so hard, and they have so much pressure on them that I could never have imagined as a teenager myself,' said Jennifer Garner
2023-11-30 03:54
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
Pope pauses St Peter's Square audience to take phone call
VATICAN CITY Pope Francis on Wednesday interrupted his weekly audience with the faithful to take a phone call,
2023-05-17 18:54
How tall is Carlos Alcaraz? Spanish star stands at same height as legendary tennis player Rafael Nadal
Carlos Alcaraz has risen to become one of the biggest tennis stars in the world
2023-08-29 18:45
Trump-backed Republican who ran for Mark Meadows' old House seat gets probation for campaign finance violation
A conservative candidate who unsuccessfully ran for Mark Meadows' former House seat in North Carolina in 2020 and was endorsed by then-President Donald Trump was sentenced Tuesday to one year of probation for violating federal campaign law.
2023-06-21 01:27
New York says Trump inflated net worth by up to $3.6 billion; Trump seeks dismissal
By Jonathan Stempel NEW YORK New York state's attorney general on Friday said Donald Trump may have fraudulently
2023-09-09 01:15
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