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☆ Japanese town overrun with tourists puts up view-blocking barrier near Mount Fuji
▼ + stars: | 2024-05-21 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

CNN —The Japanese town of Fujikawaguchiko has erected a giant black net to block views of Mount Fuji, a reaction to the town’s huge popularity on Instagram and other social media platforms. The small town in Yamanashi prefecture has become the center of an international controversy in recent weeks. Japan’s overtourism problemsThis photo was taken on May 20 in front of Mount Fuji in Fujikawaguchiko -- a day before the black net went up. In this case, it’s not a specific attraction bringing hordes of visitors – it’s a viewpoint where people like to take pictures of Mount Fuji. There have been many accidents involving foreign tourists recently,” Haruhito Tsuchiya, a 49-year-old local who works in the tourism industry, told Reuters.

Persons: ”, Fujikawaguchiko, Kazuhiro Nogi, it’s, “ I’ve, ” Haruhito Tsuchiya, Lawson, Lawson’s Organizations: CNN, Mount, Fuji, Dental Clinic, Clinic, Mount Fuji, Getty, Tokyo –, Reuters, Lawson’s Locations: Fujikawaguchiko, Yamanashi prefecture, Mount Fuji, AFP, Japan, Paris, Hawaii, Tokyo, –, Fuji

☆ Trump Media lost $327 million last quarter. It's still valued at more than $6 billion.
▼ + stars: | 2024-05-21 | by ( Sarah Gray | ) www.businessinsider.com time to read: +1 min

Trump Media & Technology Group lost $327.6 million in the first quarter, per an earnings report. The Monday filing revealed that TMTG earned a revenue of $770,500 in the first three months of the year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe parent company of Truth Social, former President Donald Trump's social media company, lost $327.6 million in the first quarter, per its Monday earnings report. Trump Media & Technology Group went public via SPAC at the end of March after it merged with Nasdaq-listed Digital World Acquisition Corp.

Persons: TMTG, —, Donald Trump's Organizations: Trump Media & Technology Group, Service, Truth Social, Nasdaq, Corp, SEC, Business Locations: SPAC

☆ Iran Begins Funeral Events for President Raisi
▼ + stars: | 2024-05-21 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: +1 min

Funeral events for Iran’s president and foreign minister began in northwestern Iran on Tuesday as investigators looked into the helicopter crash that killed them and the country grappled with the shock of losing two of its most prominent leaders at a volatile moment. Iran’s supreme leader, Ayatollah Ali Khamenei, has announced five days of mourning for the president, Ebrahim Raisi, 63, and the foreign minister, Hossein Amir Abdollahian, 60, who died when their helicopter plunged into a mountainous area near the Iranian city of Jolfa on Sunday. The state news media said the crash had resulted from a “technical failure.” Iran’s Armed Forces said it had begun an investigation and sent a team to the site. Some people held photographs of Mr. Raisi; the semiofficial Tasnim news agency reported that the country’s interior minister and acting president had been spotted in the crowd. He had been widely viewed as a potential successor to Ayatollah Khamenei, 85.

Persons: Ayatollah Ali Khamenei, Ebrahim Raisi, Hossein Amir Abdollahian, Raisi, Amir Abdollahian, Ayatollah Khamenei Organizations: Iran’s, Forces Locations: Iran, Iranian, Jolfa, Tabriz

☆ Trump Media stock falls 10% after posting $327.6 million loss in first quarter
▼ + stars: | 2024-05-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: 1 min

Shares of Trump Media fell more than 10% on Tuesday, a day after the Truth Social app owner reported a net loss of $327.6 million on just $770,500 in revenue in the first quarter of 2024. Trump Media, whose majority shareholder is former President Donald Trump, revealed the loss in its first earnings report since its stock began public trading under the DJT ticker in March through a merger with a shell company. The report attributed Trump Media's loss to non-cash expenses, including "the conversion of promissory notes, and the associated elimination of prior liabilities," that preceded its merger with Digital World Acquisition Corp.

Persons: Donald Trump, Trump Organizations: Trump Media, Corp

☆ Jamie Dimon is worried about how much the US is borrowing. Here’s why
▼ + stars: | 2024-05-21 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

New York CNN —Major business leaders and economists are worried about America’s growing debt problem. Last week, JPMorgan CEO Jamie Dimon expressed fear that a crisis is looming and that unchecked deficit spending could explode. The big picture: Between the Trump-era tax cuts and Covid-era stimulus programs, the national debt has exploded in recent years. Trump Media (DJT) reported a loss of $327.6 million during the first three months of the year, compared with a loss of $210,300 a year earlier. The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.

Persons: Jamie Dimon, ”, ” Dimon, “, Ray Dalio, Columbia Business School Glenn Hubbard, Joe Biden’s, Jason Thomas, Carlyle, ” Thomas, Hanna Ziady, Liz Truss, Treasuries, Hubbard, Thomas, it’s, Donald Trump, Matt Egan, Devin Nunes, Martin Gruenberg, Elisabeth Buchwald, ” Gruenberg, Sen, Sherrod Brown, Gruenberg, He’s, Cleary Gottlieb Steen, Gruenberg’s, Gruenberg Organizations: CNN Business, Bell, New York CNN —, JPMorgan, Sky News, Financial, Columbia Business School, United, CNN, IMF, Congressional, Office, Peterson Foundation, Treasury, Trump Media, Trump Media & Technology Group, Truth Social, Company, Big Tech, ” Trump Media, Federal Deposit Insurance Corporation, Senate Banking Committee, FDIC, Hamilton Locations: New York, Bridgewater, United States, —, United, United Kingdom

OpenAI’s Scarlett Johansson problemWhen OpenAI unveiled the latest version of ChatGPT last week, a chatbot that can listen to spoken questions and respond verbally, many users had one question: Is that Scarlett Johansson? It’s another sign of eroding trust in OpenAI, which has taken fire from creative industries and former employees. In her statement, Johansson shed more light on the matter:Last September, I received an offer from Sam Altman, who wanted to hire me to voice the current ChatGPT 4.0 system. Altman tried again two days before the ChatGPT product announcement, she added, but released the service before they could connect. Johansson — no stranger to waging war against big companies — suggested that she was ready to take legal action.

Persons: OpenAI’s Scarlett Johansson, OpenAI, Scarlett Johansson, ”, OpenAI —, ” Johansson, Sam Altman, Mira Murati, Johansson, Altman, Johansson —, — Locations: OpenAI

YouTube YouTube TikTok TikTok TikTok TikTok YouTube Visual Investigations How a Haitian Gang Is Trying to Turn Itself Into a Militia Dozens of 5 Segonn members dance in a music video. It’s typically carried by militaries and hasn’t been seen being used before by the 5 Segonn gang. It’s typically carried by militaries and hasn’t been seen being used before by the 5 Segonn gang. A group of 5 Segonn gang members dressed in tactical gear. TikTok TikTok TikTok TikTok YouTube YouTube YouTube TikTok TikTok On social media, Izo often posts videos of himself dancing and drinking.

Persons: hasn’t, Jovenel Moïse, Ariel Henry, Johnson André, TikTok, Izo, They’ve, Gustavo Petro, Moïse’s, Dimitri Hérard, Hérard, Izo’s Organizations: YouTube YouTube, Kenyan, The New York Times, Gang, PORT, PRINCE, Prince Bay Gang, Prince, Global, Transnational, Rights, Human Rights Defence Network, Human Rights, Integrated, YouTube, of, Los Angeles Crips, Toyota, Haitian National Police, Haitian Army, Times, Associated, The Justice Department, State Department, Facebook Locations: Belgian, Haiti, Port, Dominican Republic, Prince Bay HAITI, PRINCE HAITI, U.S, America, Dieu, Izo’s, United States, Colombia, Haitian, South, Central America, Brazil, Latin America, Europe, Izo, Western

☆ Passenger Dies After Severe Turbulence on Flight From London to Singapore
▼ + stars: | 2024-05-21 | by ( Claire Moses | More About Claire Moses | ) www.nytimes.com time to read: 1 min

At least one person died and multiple others were injured after a plane encountered severe turbulence on a flight between London and Singapore, Singapore Airlines said on Tuesday. The plane, a Boeing 777-300ER, diverted to Bangkok, the airline said in an announcement on social media, and landed at 3:45 p.m. local time on Tuesday. The flight, which had 211 passengers and 18 crew members on board, had left Heathrow Airport on Monday. This is a developing story.

Organizations: Singapore Airlines, Boeing, Heathrow Airport Locations: London, Singapore, Bangkok

☆ How Donald Trump’s Financial Future Became Tied to Trump Media
▼ + stars: | 2024-05-21 | by ( Matthew Goldstein | David Yaffe-Bellany | ) www.nytimes.com time to read: 1 min

At Mar-a-Lago on a Wednesday evening last month, Donald J. Trump mingled with partygoers, greeting his supporters and making small talk. The country star Lee Greenwood sang “God Bless the U.S.A.,” and the former president’s oldest son, Donald Jr., gave a speech. The elder Mr. Trump was presiding over a cocktail reception for about 150 guests to celebrate the public debut of Trump Media & Technology Group, the parent company of his social media app, Truth Social. Trump Media’s share price had soared in its first day of trading, adding billions of dollars to Mr. Trump’s wealth. They were invited via the free Paperless Post app and told they couldn’t bring a plus one, according to a copy of the invitation.

Persons: Donald J, Trump, Lee Greenwood, Donald Jr Organizations: Mar, Trump Media & Technology Group, Trump

☆ It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
▼ + stars: | 2024-05-21 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

China has mandated that local businesses leave the door open for cash payments as it tries to attract foreign investment and tourism after the pandemic. AdvertisementHungry for foreign business, China has rushed to bridge the gap. Major payment platforms Alipay and WePay started allowing visitors to link their international bank cards to their Chinese accounts. It's illegal in China to reject cash for purchases, and the central government's crackdown has intensified in the last several years. Investor relations for Yum China, which operates KFC in China, did not immediately respond to a request for comment sent by Business Insider.

Persons: —, WePay Organizations: Service, KFC, People's Bank of China, Business, China Post, New China Life Insurance, PICC, Regulators, Yum Locations: Beijing, Wuxi, Jiangsu, Mongolia, China, Gansu, New, Shanghai, Tourism, Yum China

☆ Israel shuts down live camera facing Gaza under its restrictive new law
▼ + stars: | 2024-05-21 | by ( Jon Passantino | Hadas Gold | ) edition.cnn.com time to read: +2 min

“We urge the Israeli authorities to return our equipment and enable us to reinstate our live feed immediately so we can continue to provide this important visual journalism to thousands of media outlets around the world.”The Israeli military regularly classifies areas around Gaza as “closed military zones,” restricting movement there. The AP’s live feed provided a view of actions in Gaza, where no independent journalists are able to operate because of Israeli and Egyptian restrictions on entry to the strip. The Associated Press and Foreign Press Association did not immediately respond to a CNN request for comment. In a statement, Israeli Communications Minister Shlomo Karhi accused the AP of violating its new law by providing a feed to its thousands of news clients, including Al Jazeera. “The camera that was confiscated illegally broadcasts on the Aljazeera channel live the northern Gaza Strip, including the activities of the IDF forces and endangers our fighters,” Karhi said in a statement.

Persons: ”, Israel, Benjamin Netanyahu’s, Shlomo Karhi, Al Jazeera, ” Karhi Organizations: CNN, Associated Press, Foreign Press Association, United Nations, Israeli, Al, IDF, AP Locations: Gaza, Al Jazeera

☆ Iran begins days of nationwide funeral rites for President Ebrahim Raisi after helicopter crash
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

People attend funeral ceremony, held for Iranian President Ebrahim Raisi and his senior officials died in a helicopter crash, in Tabriz, Iran on May 21, 2024. Thousands of mourners descended on Tabriz on Tuesday for a funeral ceremony honoring Iranian President Ebrahim Raisi, who perished in a helicopter crash over the weekend, leaving an indelible void in the country's leadership succession plans. Some mourners are shown brandishing photographs of Raisi, while others trooped behind lines awaiting the procession. Services for Raisi will be held between Tuesday and Thursday in Tabriz, Qom, Birjand and Iranian capital Tehran. "Our honorable Raisi worked tirelessly," Khamenei said on the X social media platform on Monday.

Persons: Ebrahim Raisi, Hossein Amirabdollahian, IRNA, Ayatollah Ali Khamenei, Raisi, Khamenei, Butcher, Mahsa, Amirabdolahian, Bashar Assad Organizations: Iranian, Islamic Republic News Agency, CNBC, Raisi, Human Rights Watch, Palestinian, Hamas Locations: Tabriz, Iran, Qom, Birjand, Tehran, Mashhad, Azerbaijan, East, Israel

☆ Kristin Chenoweth reveals she’s a domestic abuse survivor: ‘I was deeply injured’
▼ + stars: | 2024-05-21 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Kristin Chenoweth had a personal reaction to the footage of Sean “Diddy” Combs assaulting his former girlfriend, Cassie Ventura. “Honestly i have my reasons for the Sean Combs video bothering me so much. When a commenter implored Chenoweth to instead “pray for victims’ deliverance, not for evil abusers,” the actor and singer opened up about the intent of her message. Combs‘ decision to settle the lawsuit does not in any way undermine his flat-out denial of the claims. There yall go.”Editor’s Note: If you or someone you know is struggling with intimate partner violence, there are resources available, including the National Domestic Violence Hotline.

Persons: CNN — Kristin Chenoweth, Sean “ Diddy ” Combs, Cassie Ventura, Sean Combs, ” Chenoweth, Chenoweth, “, Combs, Ventura, ” Ben Brafman, “ Mr, ”, yall Organizations: CNN

☆ How teens view social media’s impact on their mental health
▼ + stars: | 2024-05-21 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

In conversations about these phenomena, social media has consistently been at the center, though mental health issues can have multiple contributing factors. Those with depression were more susceptible to social comparison and pressure to show their best selves on social media. Many young people reported an inability to control their use, social media distracting from other activities and unconsciously reaching for social media when bored. Ask the teens in your life what they like about these platforms and what types of connections or activities support their mental health, Lenhart said. Let them know you’re there to help figure out a solution if social media is upsetting them or interfering with other responsibilities.

Persons: ”, Amy Green, “, Amanda Lenhart, Mitch Prinstein, Prinstein wasn’t, ” Lenhart, Douglas Gentile, ” Gentile, wasn’t, ” Prinstein, Lenhart, Prinstein, “ Young Organizations: Lifeline, CNN, Sense Media, Opinion Research, University of Chicago, Sense, American Psychological Association, Social, Black, Iowa State University Locations: Hopelab

☆ Federal regulators are investigating fatal crash of VinFast EV
▼ + stars: | 2024-05-21 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Federal regulators are investigating a California crash that killed four occupants who rode in a VinFast electric SUV, which had automated steering features the owner had earlier complained about. Someone claiming to be the vehicle’s owner filed the complaint. The SUV was being driven by one of the owner’s coworkers with the coworker’s family when the fatal crash occurred, according to the complaint. The vehicle owner had complained about the performance of the SUV’s automated steering, although it’s not clear if that was a factor in the crash. It’s not clear if the vehicle’s Advanced Driving Assistance features were involved in the fatal crash.

Persons: it’s, It’s Organizations: CNN, NHTSA, Ford, Media, Investigations Locations: California, Vietnam

☆ Iran President Raisi: Days of funeral ceremonies begin as investigators probe helicopter crash
▼ + stars: | 2024-05-21 | by ( Jessie Yeung | Simone Mccarthy | ) edition.cnn.com time to read: +6 min

CNN —Funeral ceremonies are set to begin on Tuesday for the late Iranian President Ebrahim Raisi following his death in a helicopter crash, as authorities probe what caused the aircraft to smash into the side of a remote mountainside during foggy weather on Sunday morning. A helicopter carrying Iran's President Ebrahim Raisi takes off on May 19, 2024, before the crash took place. There is no indication what might have caused the crash – and why so many senior Iranian government officials were traveling in a single, decades-old helicopter. A high-ranking delegation will go to the crash site in Eastern Azerbaijan, according to Iran’s Tasnim news agency. Inside Iran, where many of the country’s restive youth population have grown tired of rule by conservative clerics, Raisi had a much more polarizing legacy.

Persons: Ebrahim Raisi, Ayatollah Khamenei, Mohsen Mansouri, Ali Hamed Haghdoust, Mansouri, Reza, Khamenei, “, ”, Abdulkadir Uraloglu, Uraloglu, Iran’s, ’, Ayatollah Khamenei —, Vladimir Putin, Xi Jinping, Kim Jong, Kim, Xi, Raisi’s, Azin, ” Xi, Putin, Russia, ” Raisi, Raisi Organizations: CNN, Wana News Agency, Reuters, Mehr, Iranian, Turkish Transportation, Infrastructure, TRT, Moj News Agency, AP, Kremlin, US Locations: Tabriz, Iran, Qom, Tehran, Mashhad, Turkey, Turkish, Eastern Azerbaijan, Israel, Korean, Saudi Arabia, Ukraine, China, North Korea, Russia, Iranian

☆ England’s Euro 2024 squad: Adam Wharton and Eberechi Eze included, Marcus Rashford misses out
▼ + stars: | 2024-05-21 | by ( Omar Garrick | ) www.nytimes.com time to read: +7 min

Gareth Southgate has named his 33-man provisional England squad for this summer’s European Championship in Germany. Manchester United forward Marcus Rashford has been left out of Southgate’s squad. Rashford and Henderson won’t be part of the England squad this summer (Gaspafotos/MB Media/Getty Images)“Hendo has given himself every chance,” Southgate said. I have talked with him and the medical team are liaising with Manchester United very closely. Midfielders: Trent Alexander-Arnold (Liverpool), Conor Gallagher (Chelsea), Curtis Jones (Liverpool), Kobbie Mainoo (Manchester United), Adam Wharton (Crystal Palace) Declan Rice (Arsenal).

Persons: Gareth Southgate, Marcus Rashford, Southgate, Marcus, ” Rashford, “ Gareth, Jordan Henderson, Henderson, Henderson won’t, Hendo, ” Southgate, hasn’t, Rashford, Mainoo, J ames, juri, Oliver Glasne, siti, ned 82 sen, It w, sid, ter City), Kier, ber, Jack G, Gordon (Newca, o ney, Brent, atkin Organizations: England, Manchester United, ”, Ajax, UE, nsa, Aston Locations: Germany, England, Jordan, Brazil, Bowen, ayer, Munich, Bosnia, Serbia

☆ How Media Outlets Are Covering Justice Merchan in Trump’s Criminal Trial
▼ + stars: | 2024-05-21 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

Conservative media has been preoccupied for weeks with Justice Juan M. Merchan, the New York judge presiding over the Manhattan criminal trial against former President Donald J. Trump. Mr. Trump has long attacked Justice Merchan and his family in social media posts and on his campaign website. Since then, right-wing commentators, most prominently on Fox News, have condemned the judge nearly daily in their coverage of the trial. Liberal outlets have focused less on Justice Merchan, instead centering their coverage of the trial on the charges against Mr. Trump and the figures in his orbit. But some smaller outlets have praised Justice Merchan for clamping down on Mr. Trump.

Persons: Juan M, Donald J, Trump, Merchan, Merchan’s Organizations: New, Manhattan, Fox News, Democratic, Liberal, Mr Locations: New York

☆ Dead monkeys are dropping from Mexico’s trees in brutal heat wave
▼ + stars: | 2024-05-21 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

CNN —Threatened howler monkeys have been dropping dead from trees in Mexico’s southeastern tropical forests in recent weeks amid a nationwide drought and heat waves that have sent temperatures soaring across much of the country. In a statement over the weekend, Tabasco’s Civil Protection agency attributed the monkeys’ deaths to dehydration. A source from the agency told Reuters on Monday that monkeys have been confirmed dead in three municipalities of the state. Volunteers observe dead monkeys that fell from trees amid a heat wave in Buena Vista, Comalcalco, Mexico on May 18, 2024. Mexico’s health ministry reported a preliminary count of 26 people who have died from heat-related causes between the start of Mexico’s heat season on March 17 and May 11.

Persons: Luis Manuel Lopez, I’ve, Andrés Manuel López Obrador, ”, El Niño Organizations: CNN, Reuters, International Union for Conservation of, . Volunteers, Civil Locations: Tabasco, Camalcalco, Buena Vista, Comalcalco, Mexico

☆ Options traders increased bets on GameStop weeks before its price spiked, setting up for gains near 1,000%. Here's the strategy behind it and the probability of it happening again.
▼ + stars: | 2024-05-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Those strike prices were substantially higher than the stock's price, which was trading between $10 to $16.50 that week. But what Sosnick found interesting was that the open interest went up faster for the $30 strike calls, signaling an expectation that the price would really rally this time. The table below shows the rise in open interest on strike calls of 20, 25, and 30 set to expire by May 17 and the price of the contracts. AdvertisementTom Sosnoff, the cofounder of Thinkorswim and Tastytrade, says there's probably a reasonable explanation behind the rise of open interest in GME. As for the rise of open interest on the 30-strike price, he attributes it to the cheapness of those contracts relative to the other strikes rather than a function of price prediction.

Persons: Keith Gill's, Roaring, Gill, Steve Sosnick, Sosnick, GME, Tom Sosnoff, there's, you'd, Sosnoff Organizations: GameStop, Social, Interactive, Traders Locations: GME

☆ More Than 800,000 Have Fled Rafah, UN Official Says: Israel-Hamas War Latest Updates
▼ + stars: | 2024-05-21 | by ( Victoria Kim | ) www.nytimes.com time to read: +3 min

Top NewsMore than 800,000 people have had to relocate from the city of Rafah in the southern Gaza Strip in the past two weeks, crowding into other parts of the territory without access to the most basic hygiene and infrastructure, a United Nations official said on Monday. The latest wave of displacement in Gaza began in early May when Israel sent out evacuation notices and launched military operations in Rafah, which is along the border with Egypt. More than half of the enclave’s civilians had been seeking refuge in the city — most of them after fleeing fighting elsewhere in Gaza multiple times. Israel’s military said on Monday that more than 950,000 civilians had left the Rafah area since its expanded evacuation orders. Israel has cast the orders as a humanitarian step to protect civilians ahead of further military action, which they say is necessary to root out Hamas fighters in southern Gaza.

Persons: Israel, Edem, Khan Younis, Deir al Balah, “, ” Ms, Wosornu, Philippe Lazzarini, ” Organizations: United Nations, Security, Maxar Technologies, Reuters, Humanitarian Affairs Locations: Rafah, Gaza, Egypt, Khan

☆ Trump reports outraising Biden campaign in April, but Dems maintain cash advantage
▼ + stars: | 2024-05-21 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Biden's political operation announced on Tuesday in a press release that the combined campaign, joint fundraising committees and the Democratic National Committee raised $51 million in April. Trump and the Republican National Committee recently announced they raised $76 million last month. Excluding any money from the RNC or any PACs, Trump's campaign committee reported raising $9.4 million in April. Biden's campaign committee raised $24.2 million in the same time period, according to new FEC filings released late Monday night. The event raised over $50 million shared between the Trump campaign, the RNC, his political action committee Save America and over a dozen state parties, according to the Trump campaign and the RNC.

Persons: Donald Trump, Joe Biden, Biden's, John Paulson's, Trump, Biden, Trump's Organizations: U.S, Republican, New, Democratic National Committee, Trump, Republican National Committee, Biden, Federal, Commission, RNC, Wall Street, White Locations: New Hampshire, Rochester , New Hampshire, U.S, New York, Florida, Manhattan

☆ WBD's streaming chief JB Perrette reveals the plan to get Max growing
▼ + stars: | 2024-05-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Discovery's Max was supposed to become a Netflix killer when it rolled out a year ago. It combined HBO Max's prestige originals with Discovery+'s reality TV fare to capture viewers as they migrate away from WBD's bedrock traditional TV business. Related storiesGiven its low penetration, it's possible that Max can add tens of millions of subscribers, he said. WBD execs hope the crackdown will encourage people to subscribe to the three-in-one bundle of Max, Disney+, and its sister app, Hulu. While the overlap between Netflix and Disney+ is high, about half of Disney+ subscribers don't subscribe to Max, and vice versa, so each has a chance to significantly increase its audience.

Persons: —, Discovery's Max, WBD, Max, hasn't, JB Perrette, Perrette, We're Organizations: Service, Warner, Netflix, HBO, Disney, Hulu, Business, Nielsen, Vodafone, Amazon, Paris Olympics, Cartoon Network Locations: WBD, Orange

☆ Trump's Truth Social posted a video with apparent Nazi messaging — his team says it wasn't him
▼ + stars: | 2024-05-21 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

The video envisages an economic boom, the deportation of migrants, and tax cuts if Trump wins. The Trump campaign claimed the video was shared by a staffer who didn't see the reference to the "unified Reich" before posting it. President Joe Biden's campaign campaign said the post was "foreshadowing a second Trump term that says he will create a 'UNIFIED REICH,' echoing Nazi Germany." In 2016, Trump shared a quote by Italian fascist dictator Benito Mussolini, an ally of Hitler, on X, then called Twitter. The Trump campaign at the time said that critics were "snowflakes grasping for anything" in response to the controversy.

Persons: —, Donald Trump's, what's, Trump, Karoline Leavitt, Joe Biden, Joe Biden's, Donald Trump, James Singer, Benito Mussolini, Hitler, Biden Organizations: Service, Trump, Business, ABC News, Associated Press Locations: America, Trump's New York, Nazi Germany, Italian, American

☆ Israel Seizes Camera From A.P., Citing Use of Its Images by Al Jazeera
▼ + stars: | 2024-05-21 | by ( Adam Rasgon | More About Adam Rasgon | ) www.nytimes.com time to read: +1 min

Israel’s Communications Ministry confiscated camera equipment from The Associated Press on Tuesday, claiming the agency had violated a new broadcasting law by providing images of northern Gaza to Al Jazeera. The seizure was an escalation in Israel’s efforts to punish Al Jazeera, the pan-Arab broadcaster that the Israeli government voted to shut down two weeks ago. In a statement, the Communications Ministry said inspectors had gone to a location in southern Israel used by The A.P. reported that Israeli authorities had conveyed a verbal order last week to shut down the live feed, but it did not comply. Al Jazeera has said that Israel’s decision to shutter its operations in the country violated “the basic right to access of information.”

Persons: Al Jazeera, Lauren Easton, ’, Easton, Al Jazeera’s, Jazeera, ” Organizations: Israel’s Communications Ministry, Associated Press, Qatari, Communications Ministry, Al Locations: Gaza, Al Jazeera, Israel

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