Warner Bros Discovery to split TV‑networks and streaming businesses

Warner Bros Discovery (WBD) announced today it will separate into two publicly traded companies by mid‑2026: The move aims to sharpen strategic focus, increase flexibility, and maximize shareholder value—mirroring similar industry trends by Comcast and others. The split requires board approval and comes after WBD’s cable revenue declined and debt concerns grew—though shares jumped ~9–10% in…

Read More

Trump’s Dealmaking Style Won’t Sway Xi, Ex-White House Aide Says

Former Australian Prime Minister Kevin Rudd has cautioned that President Donald Trump’s signature dealmaking approach may not effectively influence Chinese President Xi Jinping. Rudd, drawing from his extensive diplomatic experience, emphasized that Trump’s preference for high-stakes, off-the-cuff negotiations could clash with Xi’s methodical and consensus-driven style. He noted that Chinese leaders prioritize stability and face-saving…

Read More

Meta Shareholders Overwhelmingly Reject Proposal to Consider Bitcoin Treasury Strategy

In a significant development for the tech industry, Meta Platforms Inc. (NASDAQ: META) shareholders have decisively voted against a proposal urging the company to allocate a portion of its $72 billion cash reserves into Bitcoin. The proposal, introduced by Ethan Peck—a shareholder and employee of the National Center for Public Policy Research—was aimed at exploring…

Read More

Inside the Las Vegas Bitcoin Party: ‘Whales’, JD Vance, and the Trump Sons

In the neon-lit heart of Las Vegas, the 2025 Bitcoin Conference unfolded as more than just a gathering of cryptocurrency enthusiasts. It was a spectacle where the worlds of digital finance, political power, and celebrity influence collided. Attendees were treated to a high-octane blend of blockchain innovation and MAGA fervor, featuring industry titans, political figures,…

Read More

German Court Rules Against Border Policy: A Major Shift in Asylum Law

Date: June 2025Author: Adil S Introduction Germany’s approach to handling asylum seekers has come under legal scrutiny with a recent ruling from a Berlin administrative court. This ruling has declared that the government’s policy of turning away asylum seekers at the border without proper examination violates European Union (EU) law. The decision challenges a flagship…

Read More

Dollar Nears Three-Year Low Amid Weak U.S. Data and Rising Economic FearsFinancial Times

Introduction:The U.S. dollar has recently approached a three-year low, declining by 0.6% against a basket of trade partner currencies. This downturn is attributed to disappointing manufacturing data and escalating concerns over the nation’s growing debt.Financial Times Key Points: Conclusion:The combination of weak manufacturing performance, escalating trade disputes, and mounting debt is exerting significant pressure on…

Read More

Bitcoin Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May

Bitcoin mining leader MARA Holdings has achieved a significant milestone, producing 950 BTC in May 2025, marking a new monthly record for the company. This accomplishment underscores MARA’s continued growth and efficiency in the competitive cryptocurrency mining industry. 🚀 May 2025 Highlights Fred Thiel, MARA’s Chairman and CEO, stated, “In May, we achieved unprecedented levels…

Read More

U.S. Stock Market Posts Best May in 30 Years Amid Tariff OptimismYahoo Finance+14Wikipedia+14Yahoo Finance+14

The U.S. stock market experienced a significant rally in May 2025, with the S&P 500 recording its best May performance in three decades. This surge was fueled by investor optimism that President Trump may scale back the next wave of tariffs expected on April 2. Market Highlights: These figures indicate a robust market environment, with…

Read More