New York Yankees rookie shortstop Anthony Volpe is struggling at the plate, and scouts have provided some solutions for him to fix his swing.The New York Yankees held an open competition for the starting shortstop job in spring training, and top prospect Anthony Volpe won it outright. Not only w...

Leon Black agreed to pay the Virgin Islands government $62.5 million in cash in January. In exchange, the Virgin Islands released Black from any current and future legal claims related to Jeffrey Epstein.

A court in Russia has convicted an associate of imprisoned opposition leader Alexei Navalny on extremism charges and sentenced her to 7 1/2 years in prison, the latest step in a yearslong crackdown by the Kremlin on opposition activists

By Anna Wlodarczak-Semczuk WARSAW (Reuters) -Polish pipeline operator PERN said it had halted pumping through a section of the Druzhba

Truth Social’s parent company lost almost $23m (£18.7m) in the first half of this year alone, according to a new securities filing that raises concerns about its “ability to continue”. The filing released on Monday marks the first time any financial details about Donald Trump’s social media platform have been shared publicly, according to The Hollywood Reporter. Truth Social was launched in February last year after Mr Trump was banned from most social networks in the aftermath of the 6 January 2021 Capitol riots. The former US president – who announced his candidacy for the 2024 elections in November last year – has since returned to X (formerly known as Twitter), but says Truth Social is still his primary social media platform and that he won’t post anywhere else until six hours after he sends a “Truth”. Having Mr Trump on board has not translated into revenue for the platform’s parent company Trump Media & Technology Group (TMTG), however. Over the first half of 2023 it has lost $23m while bringing in only $2.3m in net sales, the filing showed. This has raised doubts about the viability of the company and its social media startup, according to the filing. “TMTG’s independent registered public accounting firm has indicated that TMTG’s financial condition raises substantial doubt as to its ability to continue as a going concern,” the company noted in the filing. The company said the “management has substantial doubt that TMTG will have sufficient funds to meet its liabilities as they fall due, including liabilities related to promissory notes previously issued by TMTG”. The remarks were made in its assessment of business till the end of December last year and as of 30 June 2023. Concerns have also been raised over Digital World Acquisition Corporation (DWAC), a Special Purpose Acquisition Company (SPAC), that had some years ago announced plans to merge with TMTG. An SPAC is a shell corporation which raises money by listing itself on a stock exchange with the aim of using the funds for a merger with a different and usually more well-known entity. The filing said DWAC has “until 8 September 2024 to consummate a business combination”. It raised concerns that both TMTG and DWAC may not survive unless this merger is completed. “It is uncertain that Digital World will be able to consummate a business combination by this time. If a business combination is not consummated by this date, there will be a mandatory liquidation and subsequent dissolution of Digital World,” the filing said. “TMTG believes that it may be difficult to raise additional funds through traditional financing sources in the absence of material progress toward completing its merger with Digital World,” the filing further said. “A number of companies that had licence agreements with President Trump have failed. There can be no assurances that TMTG will not also fail,” the filing said. TMTG also cited a number of risks to its business in the new filing, including a dedicated section titled “Risks related to our chairman, president Donald J Trump”. The section lists his ongoing legal hurdles. “TMTG’s success depends in part on the popularity of its brand and the reputation and popularity of its chairman, president Donald J Trump,” the filing said. “The value of TMTG’s brand may diminish if the popularity of President Trump were to suffer. Adverse reactions to publicity relating to President Trump, or the loss of his services, could adversely affect TMTG’s revenues, results of operations and its ability to maintain or generate a consumer base.” Read More Return of original Fortnite map causes record traffic on Virgin Media O2 network Elon Musk unveils new sarcasm-loving AI chatbot for premium X subscribers Elon Musk mocks politicians at AI summit Tesla to offer ‘beast mode’ version of Cybertruck with bulletproof panels X now valued at $19bn – less than half of what Elon Musk paid for it Solar panel world record smashed with ‘miracle material’

Renowned YouTuber IShowSpeed, also known as Darren Watkins, has been in the spotlight for his royal appearance and traditional Indian attire

Last November, I spent the hours before The 1975's show at Madison Square Garden speaking

NEW YORK--(BUSINESS WIRE)--Aug 15, 2023--

If Quordle is a little too challenging today, you've come to the right place for

South African President Cyril Ramaphosa said lower spending is “not necessarily” the answer to the country’s fiscal challenges,

Ryanair has announced cuts to its winter schedule due to delays in the delivery of Boeing aircraft, but Europe's largest airline by passenger numbers said its full-year traffic forecast was unaffected "as yet."

Carlos De Oliveira, the Mar-a-Lago property manager and newest co-defendant in the special counsel's criminal case charging former President Donald Trump and his staff with mishandling classified information, is scheduled to make his initial appearance in a Miami courtroom on Monday.