Binance.US Reaches Agreement With SEC to Avoid Full Asset Freeze
Binance.US and the US Securities and Exchange Commission reached an agreement that avoids a total asset freeze at
2023-06-17 22:50
Yamaha U.S. Marine Business Unit Wins 2023 National Boating Safety Award
KENNESAW, Ga.--(BUSINESS WIRE)--Oct 9, 2023--
2023-10-09 20:02
Return of Train Strikes Set to Bring Britain’s Network to a Standstill
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South Korea should maintain current monetary, fiscal policies, IMF says
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Sunak May Scrap Part of UK Rail Link Before Tory Conference
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2023-09-24 17:58
'Without hope': crackdown rattles Afghans in Pakistan
The cow had been slaughtered and bags of rice purchased but young bride Wahida's nuptials were cut short when her groom was arrested on their wedding day, one of hundreds caught in a...
2023-09-28 12:44
Elon Musk weighs in on the scooped bagel debate
Elon Musk has weighed in on the scooped bagel controversy, agreeing that the snack is a “crime against breakfast”. Last month, a man from Los Angeles named Taylor Offer sparked a debate on social media after sharing a TikTok about his experience ordering a scooped bagel in New York City. Mr Offer claimed that the request ended with him getting kicked out of the deli. “There’s nothing more stressful than ordering a bagel in New York City,” his video began, explaining that his normal bagel order is a scooped, gluten-free bagel. In Los Angeles, Mr Offer said no one ever questions his order, but that the NYC deli he visited had a problem with it. “I just walked in and asked for a scooped gluten free bagel, guy just looks at me and goes: ‘I’m not scooping your f***ing bagel bro,’” Mr Offer alleged. Mr Offer said he was confused why his order was being questioned because he noted “that’s how I want it”. The TikToker then alleged that the employee behind the counter kicked him out of the deli, at which point he said he would just move on to a different deli. Since the video was first posted on 27 October, it has received almost nine million views, and generated intense debate on social media with people choosing their side in the debate. Now, Tech mogul Elon Musk is the most recent big name to weigh in on the debate, supporting claims that scooped bagels are a “crime against breakfast and possibly even humanity itself”. @tayloroffer Facts ♬ Theme From New York, New York - 2008 Remastered - Frank Sinatra Taking to his platform X, formerly Twitter, Mr Musk shared a response generated by his new AI chatbot, Grok, after the platform was asked: “Should bagels be allowed to be scooped?” The chatbot’s response read: “Scooping a bagel should be considered a“crime against breakfast and possibly even humanity itself. “Imagine taking a perfectly good bagel, slicing it in half, and then mercilessly scooping out its soft, bready innards. It’s like performing bagel surgery without a license!” It added: “Scooped bagels are an affront to the very essence of bagelness. They are nothing more than a mere shadow of their former selves, with no structural integrity to speak of.” The chatbot then claimed scooped bagels are “wrong on so many levels”. “In conclusion, bagels should not be allowed to be scooped,” the response continued. “It’s an act of bagel cruelty that must be stopped. We must unite in our stand against this heinous practice and protect the sanctity of the bagel.” Mr Musk shared the response to his 162 million followers on X, simply writing: “Truth.” X users were quick to agree with the tech billionaire. “Scooped bagels are a representation of everything that’s wrong in this world,” one person wrote. “The truth will set us free,” another person commented. Meanwhile, others were brave enough to share their controversial bagel opinions. “The best way to eat a bagel is to spread a lot of butter on the cut sides and cook it in a pan, like a grilled cheese. Trust me and try it,” one X user said. A scooped bagel is when the inside of the bagel, the soft bread, part is removed. Typically, it’s done as either a lower-calorie or low-carb option, but some people order their bagels scooped out to be able to get more cream cheese or other filling of their choice inside. Read More Elon Musk weighs in on the scooped bagel debate First look: John Lewis teases 2023 Christmas advert Love letters to French sailors confiscated by British 265 years ago finally opened First look: John Lewis teases 2023 Christmas advert Love letters to French sailors confiscated by British 265 years ago finally opened I’m with Barbra Streisand – the fun really begins when you’re older, much older
2023-11-07 19:08
Trump’s Truth Social warns company may be forced to shut down amid huge losses
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’
2023-11-14 15:56
F1 fans react as Ryan Reynolds and Rob McElhenney buy stake in Alpine team
Ryan Reynolds and Rob McElhenney who own Wrexham Football Club are now making waves in motorsport after buying a stake in Formula One team Alpine. The pair are part of a group that also includes fellow Hollywood actor Michael B. Jordan, other investors include Otro Capital and RedBird Capital Partners who have made the $200m (approximately £157m) investment. While Reynolds and McElhenney will their stake through Reynolds’ Maximum Effort Investments vehicle as per Deadline. This sum represents a 24 per cent stake in the team, and the deal values the British and French-based Alpine Racing, at about £706m, according to the BBC. Sign up to our free Indy100 weekly newsletter Alpine, whose drivers are Esteban Ocon and Pierre Gasly, currently sit fifth in the constructors’ championship and so far this season have achieved one podium finish with Esteban Ocon coming third in the Monaco Grand Prix. Ocon currently sits ninth in the drivers’ championship, with his teammate Pierre Gasly in tenth. "This association is an important step to enhance our performance at all levels," Alpine chief executive Laurent Rossi said of the investment. Of course, Reynolds and McElhenney are no strangers to investing in a sports team after they bought Wrexham Football Club back in 2021, and this season the Welsh side won promotion to the Football League for the first time in 15 years and reached the fourth round of the FA Cup. Since the news of this deal broke, F1 fans have been reacting to the news with many hoping for an F1 x Deadpool collaboration... Here are some of the best reactions: This surely means, we'll be seeing Reynolds and McElhenney at an F1 race soon... Elsewhere, Ryan Reynolds ‘visits The Great British Bake Off tent’ and McLaren Formula One drivers reveal their Grand Prix day diets. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-26 19:20
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:20
Sudan Expels UN Envoy, Complicating Efforts to End Conflict
Sudan expelled the top United Nations envoy, raising fears the North African country is isolating itself from the
2023-06-09 21:08
A Georgia judge will consider revoking a Trump co-defendant's bond in an election subversion case
A judge in Atlanta is set to hear arguments on a request to revoke the bond of one of former President Donald Trump’s co-defendants in the Georgia case related to efforts to overturn the 2020 election
2023-11-21 13:06
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