TikTok parent ByteDance’s valuation hits $300 billion, sources say
TikTok parent company ByteDance recently valued the company at about $300 billion after consulting investors about a stock buyback program, according to two people familiar with the matter and documents seen by Reuters. ByteDance has contacted investors in recent weeks and offered a price of $180.70 per share, the people said. The current offer price […]
Older bully hangs second-grader by his neck in school bathroom — but district shockingly calls it ‘horseplay’: parent
A Maryland second-grader was rushed to the hospital after being “hanged” in the boys' bathroom by an older bully who told him to “show me what I did to people in the past.” parents insist. The horrific incident, which left a 7-year-old boy hospitalized with a bruised neck, occurred Friday at C. Paul Barnhart Elementary […]
CNN parent Warner Bros. Discovery must hand over financial info if subpoenaed as defamation trial looms
Fox's first appearance – A Delaware court on Friday ordered Warner Bros. Discovery, the parent company of CNN, to turn over detailed financial documents if a subpoena is filed in support of the plaintiffs' high-stakes defamation lawsuit. If not, the company must submit a “sworn declaration'' that it will not do so. exist. U.S. Navy […]
Tom Brady admits he ‘screwed up a lot as a parent,’ says it ‘sucks’ to be his son
Tom Brady candidly revealed that he “made a lot of mistakes” as a parent. speak to a crowd with Fortune Global Forum On Tuesday in New York City, the seven-time Super Bowl champion opened up about fatherhood and admitted he doesn't always get things right when it comes to parenting. “All the parents in the […]
Truth Social parent Trump Media now worth more than Musk’s X
Trump Media & Technology Group's stock has more than quadrupled since late September and is now valued at more than $10 billion. Meanwhile, X Holdings is valued at about $9.4 billion, based on the latest value assigned to shares in the company formerly known as Twitter by investment group Fidelity. Trump Media (TMTG) stock prices […]
Truth Social parent Trump Media posts third straight quarterly loss
Former President Donald Trump's media company reported a net loss of $19.2 million in the third quarter due to legal costs and costs associated with its TV streaming deal. Trump Media & Technology Group said the figure includes $12.1 million in litigation costs in the quarter stemming from its acquisition of TV streaming technology in […]
Truth Social parent company Trump Media now worth more than X as Election Day nears
“Varney & Co.” host Stuart Varney reacts to Tesla CEO Elon Musk's offer of $1 million a day to voters who sign the America PAC petition. Trump Media & Technology Group, which operates the social media network Truth Social, has surpassed the estimated value of Elon Musk's “X” as Election Day approaches. Trump Media & […]
Coach parent blocked from merging with owner of Michael Kors
A U.S. judge on Thursday blocked the disputed $8.5 billion merger between handbag and accessories makers Tapestry and Capri, a victory for the Federal Trade Commission in an industry where merger issues are rare. The FTC argued in an eight-day trial in New York that the merger would eliminate fierce direct competition between the top […]
Bally Sports’ parent company, FanDuel partner for regional sports networks rebrand
Diamond Sports Group, the parent company of several regional sports networks, has signed a partnership agreement with American sportsbook FanDuel. On October 21st, Diamond Sports Group's Bally Sports will be renamed FanDuel Sports Network. The official name of the RSN varies slightly depending on region across the 16 markets. For example, the game between the […]
Parent discovers horrifying reason why his 13-year-old son had extra funds in his bank account
A former kindergarten teacher's assistant has pleaded guilty to possessing child pornography after Georgia parents discovered they had more money in their 13-year-old's bank account than they should have. Police say the child was paid by Mark Penfield iPhone to create pornographic videos of himself and send them to the iPhone. An investigation revealed that […]