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Trump Media, which began being publicly traded last week, is now far and away the most expensive U.S. stock to sell short, according to S3 Partners , a leading financial data marketplace platform. You need a lot of cash — and guts — to short Trump Media stock right now. "It's the most expensive stock borrow," Dusaniwsky said of Trump Media. As of Wednesday, the short interest in Trump Media — or value of shares borrowed for short trades — was about $255 million. The investors who are able to borrow shares from their brokers for a Trump Media short sale are "good customers" of those brokers, he said.
Persons: Donald Trump, Ihor Dusaniwsky, Dusaniwsky, Trump, , there's, Nick Wells Organizations: Trump, Trump Media, Investors, Partners, S3 Partners
The share price of Trump Media fell sharply Monday morning after the social media app company closely tied to former president Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & Technology Group shares trading down by more than 14.5% as of 11 a.m. The filing shows that in 2022, Trump Media had a net profit of $50.5 million and total revenue of only $1.47 million. As of Monday, Trump Media said these "identified material weaknesses continue to exist." Trump owns 57.3% of Trump Media shares, a stake valued at more than $4 billion.
Persons: Donald Trump, , TMTG, Trump Organizations: Trump Media, Trump Media & Technology Group, Securities and Exchange Commission, Nasdaq, Trump Locations: Washington ,
Disney's proxy battle is expected to cost the company and rival hedge funds at least $70 million. Retail investors make up a big chunk of Disney shareholders, and it's expensive to reach them. The outcome of the shareholder vote could change Disney's direction, but its impact is still unclear. AdvertisementThis week's big Disney shareholder vote is supposed to be a seismic event — a referendum on the future of one of the world's most important entertainment companies. But we can definitively say that the Disney proxy battle, which concludes on Wednesday, has been a nice boost for a collection of consultants and media companies.
Persons: , — Nelson Peltz's, Bob Iger Organizations: Disney, Service, New York Times, Vanguard, Partners, Okapi Partners, Business
Dr. Mikhail Varshavski is known as Dr. Mike on social media. “Zoom out of just thinking about, ‘What I can take or what I can eat?’ and understand that there’s a lot of other things that impact your weight,” Dr. Mike said. “(Make) sure that you get help when it comes to mental health issues and concerns,” Dr. Mike said. For example, Dr. Mike said he recently had a guest on his podcast who tried to equate a chocolate kiss to a grape. While you may compare them based on their sugar content, that’s one way to categorize them,” Dr. Mike said.
Persons: Sanjay Gupta, what’s, Mikhail Varshavski, Mike, , Ponce de León, we’re, ” Dr, Dr, , ” “, edu ”, , That’s, “ It’s, You’re, Skip, you’re, Jennifer Lai Organizations: CNN, Facebook, YouTube, TED, Inc, US Centers for Disease Control, Harvard Medical Locations: Chatham , New Jersey, Ponce, “ .
That morning, local villager Zaw Zaw says he woke at his parents’ home in Myauk Khin Yan to the sound of gunfire. A Myanmar military jet flies overhead after bombing the quarters of Karenni Nationalities Defence Force (KNDF), in Kayah state, Myanmar on July 6, 2022. Following the executions, Zaw Zaw said the militia “locked down” the village and threatened to kill those who left. Multiple villagers who spoke to CNN consistently said Myauk Khin Yan has been a militia stronghold since the 2021 coup. Phoe Ei Thu, 17, lost her leg to a landmine while fleeing Myauk Khin Yan in early January.
Persons: dehumanized, Phoe Tay, Phoe, Volker Türk, , Min Aung, Aung, Suu Kyi, ” Yaw, Myauk, “ Yaw, guerre, Soldiers, “ Ninja ”, Myo Satt Hla, ” Ninja, , ” Yaw Lay, Zaw Zaw, , Myauk Khin Yan, ” Zaw Zaw, , Kaung Zaw Hein, ” Kim Jolliffe, Kim Jolliffe, Yan, Khin Yan, Yaw Lay, Stringer, NurPhoto, Jolliffe, Hla, Mai Thomas, Ei, It’s, Kim Jolliffe “, Ei Thu, Richard Horsey, Matt Lawrence, ” Horsey, Thierry Falise, ” Miemie Winn Byrd, hasn’t, Khung Aung, Lawrence, Min Aung Hlaing, Miemie Winn Byrd, Daniel K, Inouye, “ You’re, ” Byrd, Byrd, There’s, they’ve, Soe Lin Aung,  Organizations: CNN, People’s Defence Force, United Nations Human, ” CNN, Army, National League for Democracy, Yaw Defense Force, Karenni Nationalities Defence Force, Burma Affairs, Union Solidarity and Development Party, ISIS, UN, Association for Political, Getty, Information Resilience, Myanmar Witness, Human Rights, Junta, US Army, Pacific Center for Security Studies Locations: Myanmar, Phoe Tay, Thar, Aung San, Chin, Myauk Khin, Gangaw, Magway, Loikaw, Kayah, Myauk, Gangaw Township, Magway Region, Khin, Yangon, United States, United Kingdom, Shan, Thantlang, Chin State, AFP, Inouye Asia, Sagaing
There’s a new high-flying stock on Wall Street that some investors are eagerly piling into. His social media company, Trump Media & Technology Group, began trading on the Nasdaq on Tuesday, under the ticker DJT, and immediately surged in value, gaining 40 percent in early trading. Trump Media — the parent of Truth Social, the online platform that is Mr. Trump’s main megaphone for reaching supporters and going after critics — closed its merger with a cash-rich public shell company on Monday. The shell company’s stock had jumped higher ahead of the deal, in a frenzied trade that has fueled the company since it proposed the merger with Mr. Trump’s firm in 2021. Trump Media has an estimated market value well over $6 billion, more than established corporations like Alaska Airlines, Western Union and American Eagle Outfitters.
Persons: Donald J, Trump, , Trump’s Organizations: Trump Media & Technology Group, Nasdaq, Trump Media, Truth, Mr, Alaska Airlines, Western Union, American Eagle Outfitters
Investigation Discovery's docuseries "Quiet on Set" is returning for a fifth episode. The episode, titled "Breaking the Silence," will be released on Sunday, April 7 at 8 p.m. The episode will feature returning participants like Drake Bell and other former Nickelodeon stars. AdvertisementThe shocking revelations from "Quiet on Set: The Dark Side of Kids TV" continue making waves in Hollywood and on social media — and there's still more to unpack. But "Quiet on Set" will return with a bonus fifth episode, ID announced via a press release on Tuesday.
Persons: Drake Bell, Organizations: Nickelodeon, Service, Business Locations: Hollywood
His social media company, Trump Media & Technology Group, will start trading on the Nasdaq on Tuesday, under the ticker DJT. Trump Media — the parent of Truth Social, the online platform that is Mr. Trump’s main megaphone for reaching supporters and going after critics — closed its merger with a cash-rich public shell company on Monday. The shell company’s stock surged ahead of the deal, in a frenzied trade that has fueled the company since it proposed the merger with Mr. Trump’s firm in 2021. The biggest beneficiary of the market action is Mr. Trump, who owns about 60 percent of Trump Media’s shares. At the close of trading on Monday, his stake was worth nearly $4 billion.
Persons: Donald J, Trump, , Trump’s Organizations: Trump Media & Technology Group, Nasdaq, Trump Media, Truth, Mr, Alaska Airlines, Western Union, American Eagle Outfitters, Trump Media’s
The Murrieta Police Department has been using Lego heads and emojis to cover people's faces in posts on social sites since at least early 2023. “Why the covered faces?” the department wrote March 18 in an Instagram post that featured five people in a lineup, their faces covered by Lego heads with varying expressions. The post went on to reference a California law that took effect Jan. 1, limiting departments in sharing mugshots on social media. The California law’s primary sponsor, Assemblymember Corey Jackson, said that while the Lego heads protect people's privacy, he wonders how Murrieta residents see it. “Do they want people, who are being paid with their tax dollars, be paid to put Lego faces on people so it can be shown on social media?
Persons: , Jeremy Durrant, ” Durrant, Assemblymember Corey Jackson, ” Jackson, “ That’s, Jackson, Organizations: ANGELES, Murrieta Police Department, Associated Press, Department of Justice Locations: Southern California, California
CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, saying to watch out for earnings from Walgreens as well as new data about consumer spending. The company could prove to be a significant windfall for Trump, Cramer said, who is facing hefty legal bills. Tuesday brings earnings from GameStop , and Cramer said he's expecting poor results. Cintas and Carnival report on Wednesday, and Cramer said he's optimistic about the former, but called the latter "a wild card." Cramer said he would like to hear Wentworth explain how he plans to return Walgreens to growth.
Persons: CNBC's Jim Cramer, Cramer, Donald Trump —, he's, McCormick, — Hormel, Mills —, Kimberly, Clark, Tim Wentworth, Wentworth Organizations: Walgreens, Trump Media, Corp, Trump, GameStop, Walgreens Boots Alliance, Federal Reserve
MrBeast said it's not smart to drop out of school or quit a job to create content full-time. AdvertisementMrBeast doesn't think just anyone has what it takes to be a content creator. AdvertisementSophie Bishop, an associate professor at the media and communications school at Britain's University of Leeds, told BI that content creators must also contend with having no employment benefits like holiday pay or maternity leave. For example, while it's a perfectly good strategy to be influenced by Donaldson, there will never be another creator who is the same as MrBeast. AdvertisementInstead, she tells people what not to do and seeks to be honest about "the things we think are tacky, overpriced, and boring."
Persons: MrBeast, he's, , Jimmy Donaldson, Donaldson, He's, Katya Varbanova, Varbanova, it's, isn't, Burger, Sophie Bishop, Bishop, Jessica Dante, Dante Organizations: Service, YouTube, Britain's University of Leeds, Love Locations: London
AdvertisementIt's easy to write gloomy stories about the state of the media business. The media business is often pretty gloomy! This one is about a very Old World Media Company that has struck gold in digital media — one of the very few times that has ever happened. (While we're in disclosure mode, I should note that Business Insider itself is a digital media company acquired by German media conglomerate Axel Springer in 2015. AdvertisementMaybe a worthwhile playbook the next time — and there will be a next time — a big media company opens its wallet for a digital upstart again.
Persons: Condé Nast, , Reddit, Time Warner, Axel Springer Organizations: Advance, Service, World Media Company, Vogue, Yorker, Big Media, News Corp, MySpace, Penguin, YouTube, Maker Studios, Disney, Fox, Time, Comcast, NBC, Vox Media Locations: Reddit
Overwater villas and bungalows are the ultimate symbol of luxury travel. Originating in the 1960s in Tahiti, there are now thought to be 7,000 overwater villas worldwide. Travel experts share their picks for the most beautiful overwater villas to visit in 2024. There are now more than 7,000 overwater villas around the world, and each one acts as a "symbol of extreme luxury, with price tags to match," the publication said. Business Insider asked travel experts to share the most beautiful overwater villas you can visit in 2024.
Persons: Organizations: Service, Business Locations: Tahiti
I'm a mom of three kids and I've decided to unfollow momfluencers. When someone only shares the picture-perfect moments I feel like I'm not doing enough. And when I follow any parent who only shows the best parts, I start to feel like I'm not doing enough. I even feel this way when seeing certain posts from friends or acquaintances on social media. On social media, there are too many versions of the lives we could lead and the parenting choices we could make.
Persons: I've, I'm, , couldn't, influencers, you'd Organizations: Service, Digital Culture, Penn's Annenberg School, Communication Locations: Mexico
More Indians are taking road trips these days — both within the country and beyond, solo and in groups — as access to better vehicles and better roads grows in the country. However, Sai took her first road trip back in 2016, before it became a trend. Sai now runs an overland driving company that organizes road trips across countries like Namibia, Georgia, Armenia, Nepal and Mongolia. Source: Rishad Saam Mehta,Since then, Mehta has taken more than 100 road trips across some 50 countries. Agarwal has traveled to 92 countries and gone on road trips in six continents.
Persons: Meenakshi Sai, she's, Sai, There's, Pollachi —, Meenakshi, , Saam Mehta, Rishad Saam Mehta, Mehta, Tushar Agarwal, Sanjay Madan, Agarwal, Madan Organizations: Tata Motors, Ferrari, Bavarian, Toyota, Ford, Discovery Locations: Coimbatore, India, St . Petersburg, Russia, Thailand, Manipur, India's, Bangkok, London, Mumbai, Poland, Uzbekistan, Meenakshi Sai, Kyrgyzstan, Namibia, Georgia, Armenia, Nepal, Mongolia, Delhi, Ladakh, China, Munich, Austrian, Spiti, Northern India, New England, Jordan, , Australia
Trump's change of heart came days after he met with a billionaire investor with 15% stake in TikTok. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRepublican former President Donald Trump recently said he is against banning Tiktok, a reversal from his previous position. His comments came just days after meeting with a billionaire GOP donor with a large stake in the company. In his interview with CNBC on Monday morning, Trump denied talking to Yass about TikTok.
Persons: Trump, ByteDance, , Donald Trump, Zuckerschmuck, Jeff Yass, Biden, Kellyanne Conway Organizations: Service, Republican, Truth, Facebook, CNBC, US Treasury, Politico, Breakers, New York Times, Trump, Susquehanna International Group, Growth, GOP, Philadelphia Inquirer, Trump Administration, for Growth, Trump White House Locations: TikTok, Palm Beach , Florida, Yass
Around 40% of teenagers say they have cut back on their time on social media, according to a report published Monday by the Pew Research Center. Nearly the same proportion of teens acknowledge that they spend “too much” time on their smartphones (38%) and social media (27%). However, some revealed mixed emotions, as 44% of the teens surveyed said they feel anxious when they’re without their phones. Many parents also say they are keeping tabs on their teens’ smartphone and social media use, with half of parent respondents reporting they’ve looked through their children’s phones, particularly parents of younger teens. (And in most cases, their children seem to know it: 43% of teen respondents said their parents had looked through their phones.)
Persons: Vivek Murthy, Monday’s Pew, they’re, Organizations: New, New York CNN, Pew Research, Pew, American Psychological Association Locations: New York
“With social media, our attention is a product for advertisers and marketers.”Jack Latham’s project took him to five click farms in Vietnam. Though it is unclear when click farms began proliferating, tech experts warned about “virtual gang masters” operating them from low-income countries as early as 2007. In the following decades, click farms exploded in number — particularly in Asia, where they can be found across India, Bangladesh, Indonesia, the Philippines and beyond. The photographer added that TikTok is now the most popular platform at the click farms he visited. He included them in the book to represent the kind of content he saw being boosted by click farms.
Persons: Jack Latham, Vietnam —, ” Latham, Jack Latham’s, Latham, , Cambodia’s, Hun Sen, Donald Trump, Organizations: CNN, Facebook, Twitter, China Advertising Association, , BBC, Here Locations: Vietnam, Hanoi, Asia, India, Bangladesh, Indonesia, Philippines, China, Silicon, Hong Kong, , North Macedonia, Vevey, Switzerland
He observed the fall of Google's open culture and its impact on Google's product. His controversial memo questioning Google's diversity practices noted that "Google's political bias has equated the freedom from offense with psychological safety, but shaming into silence is the antithesis of psychological safety." Rather than reaffirm Google's culture of open questioning and psychological safety by actively challenging Damore's assertions, leadership fired Damore and ended the discussion. Google leadership did further damage to the company's open culture following employee protests of military contracts and executives' alleged sexual harassment. AdvertisementThe closing of Google's open culture harmed the product.
Persons: David Kiferbaum, , Eric Schmidt, Jonathan Rosenberg, Larry Page, Sergei Brin, James Damore, Damore, Sundar, TGIF, what's Organizations: Google, Big Technology, Service, CNN
AdvertisementIn an overlooked lawsuit, Donald Trump's lawyers are exhibiting a habit from his White House days: Hunting for anonymous sources. At each turn, a lawyer for the Pulitzer Board members stopped their clients from answering. The journalists whom Trump's lawyers deposed did, however, offer some characterization of the "consultants" who conducted the reviews. The Pulitzer Prize Board is hosted by Columbia University, in Manhattan, which manages the small organization's payroll and offers institutional support. Chad Bowman, a Ballard Spahr attorney representing the Pulitzer board members, directed Business Insider to court filings.
Persons: Donald Trump, , Donald Trump's, Trump, Pulitzer, Robert Mueller, Quincy Bird, Katherine Boo, Boo, Chad R, Bowman, Ballard Spahr, don't, Marjorie Miller, Miller, Weber, Crabb, Wein, Neil Brown, David Remnick, Nicole Carroll, Lee Bollinger, Kevin Merida, Viet Thanh Nguyen, Lee C, Bollinger, David Ake Trump's, Gail Collins, John Daniszewski, Bird, Daniszewski, Dana Canady, doesn't, Bebeto Matthews, Collins, we've, John Durham, Hillary Clinton, James Comey, Brown, Chad Bowman, Ballard, Evan Vucci Trump, Christopher Steele, Jeff Gerth's, Gerth, You've Organizations: Service, Business, The New York Times, Washington Post, American, The Washington Post, Pulitzer, Times, Post, PAC Trump, Columbia University, Mar, Poynter Institute for Media Studies, Tampa Bay Times, New Yorker, Los Angeles Times, Associated Press, Global Enterprise, New, AP, Katherine Boo , New York Times, Trump, Republican, Columbia Locations: Russia, Chad, Manhattan, Florida, USA, New York City, Mar, Katherine Boo ,, New York, Palm Beach , Florida, United States, Washington, DC
Courtesy of Kate BoardmanI've always enjoyed sharing my adventures and experiences, and capturing my life through photos and videos to show the world. Kate Boardman at the summit of Mt. AdvertisementGenerally, I feel quite safe when I'm traveling. Kate Boardman in Australia. Courtesy of Kate BoardmanThrough my content, I hope to show people that the world is not a scary place.
Persons: , Kate Boardman, There's, I've, Kate Boardman I've, It's, Aphantasia, Boardman, Chiang Rai, You've, I'm, it's Organizations: Service, Business, Roger Williams University, White Locations: Massachusetts, Vietnam, Australia, Guatemala, Bahrain, Germany, France, Thailand, Indonesia, Luang Prabang, Laos, Mexico, Cancun, Rio Dulce , Guatemala, Rhode Island, Bali, Cambodia, Mt, Kilimanjaro, Tanzania, Iran, Pink Lake, Kate Boardman Vietnam, Italy, Krabi, I'm
When the ‘tradwife’ lifestyle leads to divorce
  + stars: | 2024-02-27 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +12 min
Enitza Templeton of Littleton, Colorado, embodied the tradwife lifestyle for 10 years. Like any relationship, the tradwife arrangement does not always make for a happy couple with no family issues. How to live a happy ‘tradwife’ lifestyleAlexia Delarosa currently lives the traditional wife lifestyle. Delarosa currently and happily embodies the traditional lifestyle — her husband works, while she stays home with the kids. Since then, Templeton has made several videos answering questions about the tradwife life and how she left it, while her podcast focuses on advice for single mothers.
Persons: Enitza Templeton, , ” Templeton, , Templeton, Tradwife influencers, Christine Borzumato, “ It’s, Suzanne Degges, White, I’m, … You’re, Gainey, , Kelly Campbell, Campbell, influencers, Alexia Delarosa, Delarosa, ” Delarosa, that’s Organizations: CNN, Sporting, Elon University, Northern, Northern Illinois University’s, California State University, TikTok Locations: Littleton , Colorado, North Carolina, Northern Illinois, DeKalb , Illinois, San Bernardino
Mark Zuckerberg is trying to avoid personal liability in lawsuits over kids' social media addiction. Meta CEO Mark Zuckerberg is arguing he can't be held personally liable for accusations that his platforms have led to kids being addicted to social media — and he may have a point. A ruling in the billionaire's favor would excuse him from being held personally liable but would not dismiss the cases against Meta. AdvertisementThe lawsuits claim that Zuckerberg's actions and inaction led to social media addiction and accused him of ignoring warnings that Facebook and Instagram were unsafe for kids. AdvertisementIf Zuckerberg is deemed personally liable, it could have major implications for other lawsuits filed against CEOs of social media giants.
Persons: Mark Zuckerberg, Zuckerberg, Oberheiden, Oberheiden P.C, Yvonne Gonzalez Rogers, Meta, Titania Jordan Organizations: Meta, NBC Bay, Business, Bloomberg, Bark Technologies Locations: Oakland , California
When Nikki Haley summoned the national media to Greenville, S.C., on Tuesday, she did something that was strikingly unusual even in this most bizarre of campaigns. She devoted an entire speech to explaining why she was not dropping out of the presidential race. Hungry for attention, and fed up with fielding questions about why she wasn’t reading the room and the polls, her team had billed the event, tantalizingly, as a “State of the Race” speech. “Some of you — perhaps a few of you in the media — came here today to see if I’m dropping out of the race,” Ms. Haley said. Ms. Haley was enjoying herself, finally able to say what she has long thought about Mr. Trump and seemingly delighted that she had focused national attention on her message.
Persons: Nikki Haley, Haley, Donald J, Ms, Trump Organizations: Trump, Locations: Greenville, S.C, “ State
Starbucks has launched a pork-flavored coffee in China. The Seattle-based coffee giant recently rolled out a pork-flavored latte in China for the Chinese New Year season that started on February 10. The pork-flavored coffee has gone viral on Chinese social media — mostly because people were wondering if it's for real. The Starbucks beverage is far more expensive than rival Luckin Coffee, which can cost as little as $1.40 thanks to aggressive discounts. Sales of Luckin Coffee overtook Starbucks in China in the second quarter of last year.
Persons: , Savory Latte, Lucky Savory Latte, Instagram, Luckin Organizations: Starbucks, Service, Business Locations: China, Seattle, Shanghai, Starbucks China, Hong Kong
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