US Treasury Secretary Scott Bessent on Sunday threw some shade at Elon Musk after the tech billionaire announced he had created a political party, suggesting the Tesla and SpaceX boss focus on business and not politics. On Saturday, the South African-born Musk – an ally-turned-critic of US President Donald Trump – said he was founding…
Some of the publishers that announced job cuts in January 2025. Washington Post picture: Shutterstock/Phil Pasquini. CNN picture: Shutterstock/Ben Von Klemperer Job cuts in the journalism industry in the UK and US came thick and fast in the first few months of 2025. Companies making major cutbacks in 2025 include Business Insider, ITV, Press Association…
Be glad you’re not Jeff Bezos or Lauren Sánchez. Sure, being that rich would be awesome, but being rich comes with rich-people problems. With their Italian wedding imminent, they have a host of things to worry about that would never cross the imaginations of other, more average couples who don’t have 12 digits representing their…
China has once again rejected suggestions that it is in talks with the United States over tariffs, following repeated claims by US President Donald Trump that he has spoken with his Chinese counterpart, Xi Jinping, on the issue. In a statement on social media on Saturday, the Chinese embassy in Washington described assertions that talks…
CNN went after Donald Trump for playing golf on Friday while the U.S. markets continue to plummet because of the president’s sweeping tariffs that were imposed on dozens of countries earlier this week. Although playing golf to blow off steam is not a novelty for Oval Office occupants, host Dana Bash was dumbfounded by how…
Media ‘UNHOLY ALLIANCE’ Scott Galloway said Amazon’s purchase of the first lady’s documentary was evidence of a “kleptocracy.” William Vaillancourt Published Feb. 25 2025 10:07PM EST William Vaillancourt 12WCV william.vaillancourt@thedailybeast.com Got a tip? Send it to The Daily Beast here. Source link
John Liu CNN has hired John Liu to be its China business reporter in Hong Kong. He has been at The New York Times since 2021. Previously, he worked as a freelance journalist covering Taiwan and Myanmar, including Myanmar’s 2021 military coup, for various international media outlets. Liu started as a reporter for the now defunct Myanmar…
Media POPULARITY CONTEST Musk’s comments about the Holocaust to a far-right German party probably aren’t helping. William Vaillancourt Published Jan. 28 2025 11:15PM EST William Vaillancourt 12WCV william.vaillancourt@thedailybeast.com Got a tip? Send it to The Daily Beast here. Source link
A Florida jury on Friday found that CNN defamed a U.S. Navy veteran in a 2021 story about people paid to rescue endangered Afghans following the Taliban takeover of that country. It was an unusual ruling against a media outlet in a defamation case. Libel laws are generally protective of news organizations, and plaintiffs must meet…
A Florida jury on Friday found CNN guilty of libeling a U.S. Navy veteran in a 2021 story about people paid to rescue endangered Afghans following the Taliban takeover of that country. The jury in Panama City, Florida, deliberated for more than eight hours starting Thursday before ruling in favor of Zachary Young, who blamed…