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Tamron Hall reveals she walked away from $2M NBC deal after Megyn Kelly replaced her on ‘Today’
Tamron Hall says she turned down a $2 million-a-year offer from NBC after learning she was being pushed aside on the “Today” show to make room for Megyn Kelly. “A text message came from my then-agent and he said, ‘They’re making a big change. You’re no longer...
CBS News boss Bari Weiss blindsides ‘60 Minutes’ icon Lesley Stahl, hands Netanyahu interview to Major Garrett: report
CBS News boss Bari Weiss blindsided “60 Minutes” legend Lesley Stahl by handing Israeli Prime Minister Benjamin Netanyahu’s first major US broadcast interview since the Iran war to Major Garrett — a CBS News veteran who isn’t part of the iconic show’s...
Inflation surges to hottest level in nearly three years as Iran war raises prices
Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates. The Consumer Price Index jumped 3.8% in April...
Popular 1990s internet search giant shuts down
Ask.com, one of the internet’s earliest search engine competitors, has shut down its search business after nearly 30 years, marking the latest contraction in a market dominated by a handful of major players. Parent company IAC said the move reflects a broader...
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions
The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from the Iran war’s impact on supply as oil output was slashed due to the ongoing disruptions to shipping in the Strait of Hormuz. Saudi Aramco CEO...
Netflix is spying on children and selling user data, Texas AG Ken Paxton alleges in lawsuit
The state of Texas announced a lawsuit against streaming giant Netflix on Monday, accusing the company of spying on children and other consumers by collecting their data without consent and designing the platform to be addictive. Texas claims that Netflix has...
Byron Allen taking over as BuzzFeed CEO after buying majority stake for $120M
BuzzFeed said Monday media entrepreneur Byron Allen will take over as the digital media company’s next CEO after he entered into a deal to buy a stake of about 52% in the digital media company for $120 million. Shares of BuzzFeed soared about 156% in extended...
Walmart braces for new $18 California law — it’s slightly different for every city
Make money. Live better. That’s the potential new ethos of California’s Walmart workers, who are set to benefit from the state’s new round of minimum wage hikes taking effect July 1. The changes to hourly pay will see employers of the retail giant have their...
Microsoft CEO Satya Nadella defends OpenAI’s for-profit status, shares past nerves over Altman ouster
OAKLAND, CALIF. — Microsoft CEO Satya Nadella defended OpenAI’s pivot to for-profit status and discussed his company’s hopes for a juicy return on its investment during Monday testimony in Elon Musk’s suit against the AI giant. “Without a for-profit entity, it...