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The Messenger fighting to avoid shutdown as CEO scrambles to secure funding: sources

Embattled news startup Messenger is fighting for its life this week as co-founder and CEO Jimmy Finkelstein scrambles to secure funding to stay afloat. Employees will learn their fate within the next 48 hours as they prepare for the worst, according to an insider familiar with the matter. “Expectations are not high in the newsroom,” […]

Sports Illustrated draws interest from 2 more bidders — including Jeff Zucker’s Front Office Sports: sources

The Post reports that Sports Illustrated’s publishing license has attracted interest from at least two new bidders, including the Jeff Zucker-backed news site Front Office Sports. . In addition to Front Office Sports, which is minority-owned by former CNN president’s media specialist acquisition firm Redbird IMI Management, Sports Illustrated publishing rights are owned by The […]

Sports Illustrated’s future in standoff between billionaires: sources

The future of Sports Illustrated rests in a high-stakes game of chicken between the magazine's billionaires, The Post has learned. In one corner stands Manoj Bhargava, founder of 5-Hour Energy and majority shareholder of SI publisher The Arena Group. He took the risky gamble of withholding license fee payments in order to renegotiate the terms […]

Iran, Hezbollah aiding Houthis in Red Sea strikes: sources

Iranian and Hezbollah military leaders are supporting the Houthis in Yemen To intensify attacks by Tehran-backed terrorist organizations According to reports citing regional and Iranian sources, on a transport ship crossing the Red Sea. Iran has stepped up arms supplies to the Houthis, who were labeled terrorists by U.S. officials on Wednesday, reportedly shipping advanced […]

Former Nancy Mace staffers working with ex-chief of staff to unseat her, sources say

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WEF panelist suggests creating ‘exclusion lists’ to demonetize sources sharing ‘disinformation’

On Thursday, panelists at the World Economic Forum's Davos meeting proposed creating an “exclusion list” to demonetize sources that share so-called “disinformation.” Daily Caller News Foundation report. Jeanne Bourgaud, president and CEO of Internews, an international non-profit organization that provides support to independent news organizations in more than 100 countries, spoke during a panel discussion […]

Citigroup CEO Jane Fraser begins plan to ax 20,000 jobs after dismal Q4: sources

Citigroup Chief Executive Jane Fraser held a conference call Thursday with managing directors to announce a sweeping overhaul of the bank that will cut more leadership roles starting this week, two people familiar with the situation said. We talked about it. Managers in the markets, risk and investment banking divisions will be let go as […]