Tag: social media

DJT Media Q1 2024 Financial Results

The parent company of Donald Trump’s Truth Social platform, Trump Media & Technology Group, recently reported a net loss of $327.6 million in the first quarter of the year. This news came alongside a total revenue of $770,500, as disclosed in the company’s earnings report filed with the Securities and Exchange Commission. This report sheds […]

The Year of AI-Enabled Personal Computers

Microsoft’s Build developer conference is set to kick off, giving the company a platform to showcase its latest advancements in artificial intelligence. With high-profile events hosted by OpenAI and Google already making waves in the industry, Microsoft’s focus on AI is timely and strategic. One key advantage that Microsoft holds in the AI race is […]

Former Facebook and Nike DEI Manager Sentenced to Prison for Fraud

Former Facebook and Nike Diversity Manager Sentenced to Prison for Stealing $5 Million Barbara Furlow-Smiles, a former diversity manager at Facebook and Nike, has been sentenced to five years and three months in prison for stealing more than $5 million from the companies that was intended for Diversity, Equity, and Inclusion (DEI) initiatives. Furlow-Smiles, a […]

Reddit experiences significant growth after unveiling partnership with OpenAI for AI training models

The trading floor of the New York Stock Exchange is abuzz with excitement as Reddit shares surged 11% in extended trading on Thursday. This surge came after the social media company announced a groundbreaking partnership with OpenAI. This partnership will allow OpenAI, the maker of the ChatGPT AI, to train its artificial intelligence models using […]

Reddit’s shares near record high following two-day meme stock rally

Reddit shares surged on Tuesday, extending gains for a second consecutive day as retail traders initiated a buying frenzy of meme stocks. The stock closed at $62.34, marking Reddit’s second-highest closing price since its IPO in March. The rally began on Monday when Keith Gill, also known as “Roaring Kitty,” resurfaced online, sparking a surge […]

TikTok Content Creators File Lawsuit Against U.S., Alleging Divestiture Law Violates First Amendment

TikTok Creators Sue U.S. Government Over Ban Threat Eight TikTok creators have taken legal action against the U.S. government in an effort to block a recently passed law that requires ByteDance, the parent company of TikTok, to divest from the popular social media app or face a ban. The creators argue that the law, known […]

Roaring Kitty Returns as Meme Stocks GameStop and AMC Surge at Market Open

The Man Behind the Meme Stock Craze: Roaring Kitty Resurfaces The man who became a household name during the meme stock craze of 2021 has made a triumphant return to the social platform X after three years. Keith Gill, better known as “Roaring Kitty,” sent shockwaves through the market on Monday as he posted a […]

The Magic Combination: How Star Power, Chemistry, and Sex Appeal Made ‘The Idea of You,’ ‘Anyone But You,’ and ‘Challengers’ Stand Out

The box office and streaming services have been dominated by a wave of contemporary romance films in recent months, thanks to the combination of attractive actors with sizzling chemistry. Movies like “The Idea of You,” “Challengers,” and “Anyone But You” have proven that traditional marketing methods can still work wonders when executed effectively. One of […]

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