tech

Trump’s Truth Social just got a criminal subpoena over its dubious SPAC deal

The parent company of Donald Trump's app, Truth Social, was subpoenaed June 30 as part of a criminal investigation into its difficult attempt to go public through a blank check company, Digital World Acquisition Corporation (DWAC) (pdf). Trump Media & Technology Group (TMTG), which owns Truth Soc...

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“Top Gun: Maverick” shows Hollywood can survive without China’s film market

With several blockbuster films banned from China but still doing well despite the pandemic, Hollywood studios are learning to live without the mainland China film market.

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The C-suite is becoming more Republican and more partisan

Conservatives say corporations are becoming bastions of what they call "awakened culture." But in the C-suite, it's the Democrats who are losing ground.

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After Maverick’s success, get ready for the “Top Gun universe”

This weekend, Top Gun: Maverick became the highest-grossing film of 2022, surpassing Marvel's Doctor Strange in the Multiverse of Madness. Surprisingly, given Tom Cruise's long list of past accomplishments, this is the first film of his career to surpass the rare $1 billion mark in worldwide box ...

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How much is Kate Bush making from “Running Up That Hill”?

Netflix's Stranger Things has breathed new life into her 1985 hit - and is now coining money for the British singer-songwriter.

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Nairobi’s “silicon savannah” just got more attractive to investors and startups

Kenya has hailed the forthcoming opening of a new international financial center in Nairobi - along with incentives for multinationals and start-ups alike - as it aims to raise the city's profile as a world-class tech hub.

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The US is paying for a wasted decade in economic policy

Rising prices and the Fed's efforts to combat them have put the economy in a tight spot. A recession looms unless the global economy suffers some disruption in the form of disruptions in the form of supply chains, additional oil and gas production, or a deal to allow Ukraine to export more wheat....

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China sends a fresh warning to its booming livestreaming industry

Chinese regulators have formulated new policies to increase their grip on the live streaming industry. They are apparently in response to the disappearance of Li Jiaqui, a popular live streamer.

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Nobody is shocked that this Kenyan food delivery startup failed after one year

The company's CEO, Robin Reecht, said they were "completely out of money" and could not find investors or a buyer.

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The Warriors’ $1.6 billion bet on live sports is finally paying off

The NBA's Warriors' multi-billion dollar bet that the sport would recover from the pandemic has just paid off.

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Tesla is leaving the market for low-end electric cars to traditional automakers

Tesla continues to raise the prices of its luxury electric cars, while automakers like GM and Nissan steadily lower the prices of their more affordable electric vehicles to appeal to the mass market.

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A presidential hopeful in Kenya is running on a cannabis and snake venom platform

George Wajackoyah and his comrade-in-arms Justina Wamae plan to hang corrupt citizens with hemp ropes and transform the economy by exporting industrial hemp.

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Gas prices are so high they’re making governments suspicious

In Germany and the UK, fuel companies are facing new government investigations to determine whether high fuel prices are the result of anti-competitive practices.

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India’s first metaverse influencer is becoming Instagram-famous

Like Lil Miquela and Oh Rozy, Kyra hopes to bag branding campaigns from fashion houses and other advertisers.

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Manhattan landlords are rejecting single tenants who don’t make over 160k

The median rent for a one-bedroom apartment in Manhattan rose to $3,995 in April and is still rising.

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South Asian countries lose over $14.2 billion a year due to the lack of a water sharing deal

Countries around the Ganges-Brahmaputra-Meghna (GBM) basin are losing over $14.2 billion annually from a lack of cooperation in sharing the waters of these rivers, with little prospect of an agreement in the foreseeable future, according to a new analysis. The study, commissioned by the Trans-bou...

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Half of US home buyers are crying during the process

In the survey of 2,000 people released this week, Zillow also found that 61% of Millennial homebuyers and more than 65% of Gen Z homebuyers were moved to tears when they found their home. Zillow notes that 60% of sellers reported receiving at least two listings for their homes, and nearly half of...

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The maker of Martin’s potato rolls is in a political pickle

The family behind the popular brand supports a far-right political candidate and Trump loyalist in Pennsylvania.

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Covid made Africa the saddest continent

On average, Africa has experienced a long-term moderate upward trend in stress, worry and sadness and a long-term decline in happiness.

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Indian medical students in Chinese universities have been stuck in limbo for two years

20,000 medical students who are unable to complete the practical portion of their education do not know if their credits will carry over or if they will have to start over.

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Move over, China: US is now India’s biggest trading partner

India appears to have deepened ties with the US, making the world's largest democracy its top trading partner in fiscal 2021-22, overtaking China. In the fiscal year ended March 2022, bilateral trade between the US and India was US$119.42 billion (9.25 lakhcrore rupees), according to the Indian M...

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Everything we know about Daniel Defense, which manufactured the gun used in Uvalde

The AR-15-style gun that a teenage gunman used to kill 21 people at an elementary school in Uvalde, Texas last week was purchased by a Georgia-based company called Daniel Defense. One of the largest private gun manufacturers in the USA, whose goods can be easily purchased online with just a few c...

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We ordered the same gun used in Uvalde. Here’s how easy it was.

Five clicks are enough to order a semi-automatic rifle, as used in shooting at the Uvalde school.

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This is the photographic evidence presented in a lawsuit over fast-food burger sizes

Are there legal ramifications for restaurants promoting exaggerated versions of their menu items? The photographic evidence from a court case.

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Britain ended the horror of school shootings after one single massacre

On 13 March 1996 an outlaw former Scout leader, who had been the subject of pedophilia rumors for years, went into the gymnasium of Dunblane Primary School and shot at children aged five and six who had gathered in a PE class. At least 17 others were injured before the attack ended with Thomas Ha...

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George Soros warns of the end of civilization

During his annual dinner-cum-speech on the sidelines of the World Economic Forum in Davos, George Soros identified Russian aggression and Chinese authoritarianism as the most pressing threats to human society.

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How Russia made its ruble the world’s top-performing currency

The Russian ruble has emerged as the best-performing currency in 2022, despite sweeping sanctions imposed over its invasion of Ukraine. How did the Russian currency recover dramatically from its record low of 143 rubles to the dollar on March 7th? Experts say the rally is largely artificial, the ...

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India’s newest airline has revealed its first aircraft

Akasa Air, India's top investor and billionaire Rakesh Jhunjhunwala, today (May 23) unveiled the image of its first-ever aircraft. The company is reportedly preparing for one of the largest aircraft purchase or lease deals of the year outside the US, involving at least a hundred Boeing 737 aircra...

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India’s largest ever IPO has met its nightmare scenario

India had pulled out all the stops to make the initial public offering (IPO) of state giant Life Insurance Corporation of India (LIC) a success. The company made a tepid debut on the BSE today (May 17) at Rs 867.2 ($11.2), a discount of 8.62% to its issue price of Rs 949. It was listed on the Nat...

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Her baby died in his sleep. Her 29-year quest to find out why has led to a big breakthrough on SIDS

Many things are frightening for new parents - but few are as frightening as sudden infant death syndrome or SIDS. Much is still unknown about how and why SIDS occurs, but new research published in eBioMedicine last week found evidence that there might be a biological component. Compared to other ...

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