Trump Media CEO Devin Nunes says Truth Social parent company is ‘well positioned’ in response to criticism over profitability
Trump Media CEO Devin Nunes said the parent company of the former president’s platform Truth Social is “well positioned” to return to profitability in response to recent criticism. FOX News host Maria Bartiromo said on “Sunday Morning Futures” that recent regulatory filings show Trump Media & Technology Group will lose $58 million in 2023. We […]
Disney CEO Bob Iger denies company is ‘infusing’ messaging
Walt Disney Company CEO Bob Iger has denied that the organization pushes any particular message into its content, saying it is focused on providing entertainment first. insisted. Appeared on CNBC “”cry on the street”, Iger was asked about the company’s woke ideology, and host David Faber claimed that Iger was told he wanted to “get […]
Trump to be deposed in dispute with media company co-founders
Sound Planning Group CEO David Stryzewski talks about how the early success of Trump’s social media platforms has led investors to warm up to Varney & Co.’s 45th president. Republican presidential candidate Donald Trump will be fired later this month by lawyers for his social media company’s co-founders as part of a dispute over ownership […]
Disney CEO Bob Iger insists he was focused on defending company over himself in proxy fight
Walt Disney Company CEO Bob Iger insisted that he was focused on defending the company in a recent proxy fight and that it was not personal. The fight in question revolved around billionaire Nelson Peltz’s effort to shake up Disney’s board, hoping to get a seat on it for himself. When asked about the failed […]
Kiss sells song catalog for more than $300M to company co-founded by ABBA member
It was announced Thursday that legendary rockers Kiss have sold their catalog, brand name and IP to Swedish company Pophouse Entertainment Group in a deal estimated to be worth more than $300 million. This isn’t the first time the band has partnered with the pop house co-founded by ABBA’s Bjorn Ulvaeus. When the band’s current […]
Detransitioner Crashes Disney Shareholder Meeting, Blames Company for Her Body Being ‘Irreversibly Damaged’
A former transgender person disrupted Disney’s shareholder meeting on Wednesday, calling into a payphone and accusing the studio of pressuring young girls to undergo gender transition procedures. “Disney has become Ursula stealing the voice of thousands of little Ariels,” Chloe Cole told CEO Bob Iger. Chloe Cole, who underwent surgery and hormone treatment at the […]
An American company steps up to fight Big Tech censorship
Most of the websites and online services you use rely on cloud service providers, such as the very popular Amazon Web Services, for hosting. But as the culture wars intensify, these services have become increasingly political. AWS stopped hosting the right-wing social network on January 10, 2021, effectively killing Parler. For a website to exist, […]
Trump touts ‘very solid’ Truth Social after parent company reports $58M loss
Former President Trump insisted Thursday that Truth Social is in “very strong shape” after the parent company reported $58 million in losses last year and its stock price fell more than 20% this week. “All of TRUTH SOCIAL’s competitors, especially those in the Radical Left Democratic Party who are failing on every level, use their […]
Company behind NJ nuclear plants to seek 20-year approval to continue operations
The company that owns three nuclear power plants in New Jersey announced Wednesday that it will seek federal approval to operate them for another 20 years. The move comes as New Jersey continues to push hard to become an East Coast leader in offshore wind power. But three power plants operated by PSEG Nuclear LLC […]
Brothers plead guilty to insider trading tied to Trump media company
Two brothers pleaded guilty in federal court Wednesday to their roles in a $22 million insider trading scheme connected to a company that took former President Trump’s social media company public. Florida venture capitalist Michael Schwartsman, 53, and his brother Gerald, 46, each pleaded guilty to one count of securities fraud and were sentenced to […]