Industry

Potential MrBeast TikTok Acquisition

Popular YouTuber Jimmy Donaldson, known as MrBeast, announced his intention to purchase TikTok in collaboration with a group of investors. The move comes as President Donald Trump extended the deadline for ByteDance, TikTok’s Chinese-based parent company, to divest its U.S. operations within 75 days to avoid a ban on the platform.

CNN to Lay Off Hundreds as It Shifts Focus to Digital Audience

CNN, a division of Warner Bros. Discovery, plans to lay off hundreds of employees this week as part of a strategy to refocus its business around a global digital audience, according to a CNBC report on Wednesday.

S&P 500 Hits Record High Amid AI Optimism and Netflix Surge

The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.

SEC Launches Task Force to Develop Crypto Regulations Under Trump Administration

The U.S. Securities and Exchange Commission (SEC) announced Tuesday the formation of a task force to create a regulatory framework for cryptocurrency.

Trump Halts Electric Vehicle Push, Revoking Biden-Era Policies

President Donald Trump signed a series of executive orders on Inauguration Day targeting the Biden administration’s electric vehicle (EV) initiatives.

Houthi Terrorists Pledge to Target Only Israeli Ships, Threaten Broader Red Sea Escalation

Yemen’s Iran-backed Houthi insurgents announced Sunday they will limit attacks on civilian ships in the Red Sea to Israeli vessels, citing the Gaza ceasefire agreement. However, they warned that broader assaults could resume if the ceasefire fails to hold.

EU Weighs Ban on ‘Forever Chemicals’ in Consumer Products

European Union Environment Commissioner Jessika Roswall announced that the European Commission is weighing a ban on PFAS, also called “forever chemicals," in consumer products.

Soulja Boy Defends Performance at Trump-Adjacent Crypto Ball Event

Rapper Soulja Boy addressed criticism of his recent performance at the Crypto Ball in Washington, D.C., held ahead of President-elect Donald Trump’s inauguration. The star-studded event, featuring performers such as Snoop Dogg and Rick Ross, brought together cryptocurrency executives and industry supporters to celebrate crypto policy shifts under the incoming administration.

Greenland PM Seeks Stronger U.S. Partnerships on Minerals and Arctic Defense

Greenland Prime Minister Múte Egede emphasized Greenland’s desire for greater cooperation with the United States in Arctic defense and mineral investments during an interview on Fox News Channel’s Special Report. While reiterating Greenland’s independence, Egede highlighted the importance of a strong U.S.-Greenland partnership to address security and economic opportunities.

Zuckerberg Co-Hosts Trump Inauguration Reception

Meta CEO Mark Zuckerberg is co-hosting a black-tie reception in Washington, D.C., to celebrate President-elect Donald Trump’s victory.

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