Sec

Twitter Spent $33 Million on Elon Musk Deal in Q2

UPDATED: Twitter, which is fighting to extract billions from Elon Musk after he said he wanted to walk away from his $44 billion deal to buy the social…

College athletes scoring lucrative modeling contracts — here are the haute-est players

The fashion world is starting to embrace collegiate talent — and it’s finding success with model athletes such as Olivia Dunne.

Elon Musk Has Disparaged Twitter in at Least 16 Tweets, Which the Company Says Violates His Acquisition Agreement

Elon Musk is a freewheeling, shoot-from-the-lip kind of Twitter user who is famously fond of memes. But now Musk’s snarky and derogatory tweets aimed at Twitter have been…

Elon Musk Terminates Deal to Buy Twitter, Company Vows to Sue Him

UPDATED: Elon Musk has called the whole thing off — but Twitter isn’t done with him yet. The mega-billionaire terminated his $44 billion offer for Twitter, notifying the…

Elon Musk Claims Twitter Is in ‘Material Breach’ of $44 Billion Deal Over Refusal to Provide Info on Fake Accounts

Elon Musk slammed Twitter as “actively resisting and thwarting his information rights (and the company’s corresponding obligations)” under the billionaire’s $44 billion deal to acquire the company, because…

Shares of Meta, Facebook’s Parent, Rise After Sheryl Sandberg Announces Exit

Shares of Meta Platforms were up nearly 2% in early trading Thursday, coming after longtime COO Sheryl Sandberg — one of the most powerful women execs in the…

Donald Trump’s Media Company Wants Pro-Gun Programming, Other ‘Non-Woke’ Content for Streaming Service

Donald Trump’s media company plans to launch a subscription-streaming service stocked with a range of right-wing content — including “shows that embrace the Second Amendment” and “Trump-specific programming”…

Twitter Fined $150 Million by FTC for Alleged User-Privacy Violations

The Federal Trade Commission is levying a $150 million fine on Twitter, alleging that the social network profited by allowing advertisers to use private data to target specific…

Live Nation Subsidiaries Received $19 Million in ‘Save Our Stages’ Federal Funding Intended for Indie Venues

Subsidiaries of Live Nation, the world’s largest live-entertainment company, received some $19 million in “Save Our Stages” funding from the Small Business Administration, even though the act was…

Netflix Inks $350 Million-Plus Renewal With VFX Firm DNEG

Netflix signed a multiyear services renewal with VFX and animation company DNEG, under which the streamer expects to spend at least $350 million with the company through 2025.…

Elon Musk Lines Up Additional $7.1 Billion for Twitter Takeover, Including $1 Billion From Larry Ellison

Elon Musk is getting a little help from billionaire friends for his $44 billion Twitter takeover. According to an SEC filing Thursday, Musk has secured $7.14 billion in…

Former AMC Networks CEO Josh Sapan’s 2021 Pay Rises 30% to $15 Million

Former AMC Networks chief Josh Sapan’s compensation for 2021, his final year as CEO of the company, rose 30% over the previous year to $15.3 million. According to…