The order is another step in the effort to keep TikTok running in the U.S., after Congress banned the social media app, under its current Chinese ownership, in 2024.
3 minute read
Washington blame game escalates, August new-home sales surge, Trump expected to sign executive order on TikTok, and more news to start your day.
Long Read
The order will be another step toward splitting the Chinese viral video app into U.S. and international versions.
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Price increases are planned months in advance, but the timing of Disney’s move coincides with viewer frustrations over ABC’s ‘Jimmy Kimmel Live!’
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Trump offers U.N. a warning on energy purchases from Russia, OpenAI, Oracle, and SoftBank are opening five new data centers, Disney is raising streaming prices, and more news to start your day.
Long Read
Kenvue shares claw back some losses after falling to a record low Monday. President Donald Trump made an unproven link between acetaminophen, the active ingredient in Kenvue’s painkiller Tylenol, and autism.
3 minute read
New data from Sensor Tower describe a midsize social media platform with a booming e-commerce operation.
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Nvidia strikes another deal, Miran believes Fed rate is way too high, Disney restores Jimmy Kimmel’s show, and more news to start your day.
Long Read
ABC suspended the show “indefinitely” last week after comments the late-night host made about the fatal shooting of Charlie Kirk.
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Amid declining sales of alcoholic beverages, beer giant Anheuser-Busch InBev is partnering with the streaming service to sell more drinks.
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Oracle will continue to provide cloud services for a new U.S. version of TikTok, a White House official said Monday.
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What comes next for the Fed, Trump names Murdochs, tech billionaires in TikTok deal, the IPO wave is building, and more news to start your day.
Long Read
Eisner, who was the company’s CEO from 1984 to 2005, raised concerns about the First Amendment.
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Shares of the company, which owns the Knicks and the Rangers, might finally be ready to run.
Long Read
President Trump said Thursday that broadcasters that are mostly critical of him should have their licenses revoked.
3 minute read
Live Nation sued over ticket resale practices, FedEx signals uncertainties are clearing, Netflix’s ‘KPop Demon Hunters rivals’ Disney’s dominance, and more news to start your day.
Long Read
Loop Capital upgrades Netflix stock to Buy from Hold in a research note.
2 minute read
Stephen Miran’s first challenge: economic projections, TikTok’s U.S. future emerges, StubHub starts trading today, and more news to start your day.
Long Read
TD Cowen analyst Doug Creutz downgraded shares of Warner Bros. to Hold from Buy.
2 minute read
TikTok gets another lifeline, court blocks Trump bid to fire Fed’s Lisa Cook, Musk’s $1 billion Tesla stock purchase, and more news to start your day.
Long Read
Warner Bros. extends sharp gains after a report says Paramount Skydance is preparing a takeover bid for the entertainment company.
4 minute read
The ticket reseller is going public in a tough ticket reselling market with a high valuation. Investors should be cautious.
Long Read
Adobe reported better-than-expected third-quarter financial results after the stock market closed on Thursday.
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The ads wouldn’t be banned outright, however.
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Shares of both companies are higher Friday in early trading with Paramount up 2% at $17.79 and Warner Bros up 9% at $17.68.
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