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Paramount postpones $35M agreement with Trump: sources

Paramount postpones $35M agreement with Trump: sources

The proposed $35 million settlement in President Trump’s lawsuit against Paramount’s CBS affiliate has hit a snag, primarily due to concerns among the company’s executives about potential legal repercussions, according to sources familiar with the situation. Insiders reported that Paramount’s leadership advised Trump’s legal team to stick to their original stance and seek a larger […]

Nike postpones the release of new brand in partnership with Kim Kardashian’s Skims.

Nike postpones the release of new brand in partnership with Kim Kardashian’s Skims.

Nike’s collaboration with Kim Kardashian’s shapewear brand, Skims, is facing production delays, pushing the launch back from its original target this spring, as per reports. Named Nikeskims, this co-branded venture was introduced in February with hopes of breaking into the competitive women’s activewear sector by offering training shoes, apparel, and accessories. The debut collection is […]

Victoria’s Secret postpones earnings announcement due to website shutdown from a security issue.

Victoria's Secret postpones earnings announcement due to website shutdown from a security issue.

Victoria’s Secret has delayed the announcement of its quarterly revenue following a security breach that disrupted operations of the well-known lingerie brand and forced U.S. shopping sites to shut down for several days last week. In an update provided on Tuesday, Victoria’s Secret indicated that it first noticed a “security incident involving information technology systems” […]

XRP Update: SEC Postpones ETF Reviews Amid Ongoing Legal Issues; BTC Reaches $106k

Bitcoin Gains as Genius Act Progresses While XRP faced selling pressure, Bitcoin (BTC) experienced a rise on May 20 as investors reacted positively to the potential passing of the Genius Act in Congress. The Senate approved the act on May 19, with support from 16 Democrats. Reportedly, it could change their voting direction in favor […]

SEC Postpones 21Shares’ XRP ETF Application

The SEC has postponed the submission of 21 Shares for the XRP ETF, even amidst a wave of optimism surrounding recent regulatory developments. This initial delay also extends to at least three AltCoin ETF applications. Despite this setback, analysts in the ETF space are holding on to the belief that the SEC will eventually greenlight […]

Meta postpones launch of major ‘Behemoth’ AI model due to engineering challenges.

Meta, the company led by Mark Zuckerberg, has decided to postpone the launch of its ambitious AI model, “Behemoth,” due to concerns regarding its abilities. According to a report from the Wall Street Journal, sources familiar with the situation indicated this on Thursday. Engineers at the company have faced difficulties in making substantial advancements with […]