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The Messenger is counting on a sudden and dramatic advertising turnaround to survive
Screenshot of the TheMessenger website. Source: TheMessenger The Messenger, the struggling news media startup co-founded by publishing veteran Jimmy Finkelstein, is urging potential investors to make a long-shot bet on a dramatic rebound in advertising this year. The company is attempting to stop the cash burn that has put it in jeopardy. CNBC has obtained…
Amazon Misses EU Deadline for Concessions Over iRobot Deal
Updated Jan. 11, 2024 6:14 am ET Amazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market. The European Commission, the EU’s executive arm, made its…
FAA grounds more than 170 Boeing 737 Max 9s after section of Alaska Airlines plane blows out
Passenger oxygen masks hang from the roof next to a missing window and a portion of a side wall of an Alaska Airlines Flight 1282, which had been bound for Ontario, California and suffered depressurization soon after departing, in Portland, Oregon, U.S., on Jan. 5, 2024, in this picture obtained from social media. Instagram/@strawberrvy |…
Airlines In The US Can Now Ban Emotional Support Animals From Flights
A new rule allows airlines in the US to ban emotional support animals from riding in the cabin, ending a system that led to everything from turtles to pigs, snakes, and even turkeys riding alongside their owners. Last year, the Department of Transportation issued guidance stating that dogs, cats, and miniature horses could be accepted…
China Bans Exports Of A Key Material, Escalating Trade War With U.S.
China has slapped export controls on graphite, a key mineral used to make steel and electric car batteries, ratcheting up a trade fight with the United States over the technologies needed to wean the world’s economy off planet-heating fossil fuels. The measures, announced Friday in a joint declaration from Beijing’s Ministry of Commerce and the…
‘Real Housewives’ broker lawsuit settled with donation to pro-Israel charity
Celebrity real estate agent Mauricio Umansky will not face a civil trial for allegedly violating his duties as a broker in the sale of a prominent Malibu hilltop mansion that he flipped for nearly $70 million. Real estate investor Sam Hakim and his agent dropped their consolidated Superior Court lawsuits this month against Umansky, his…
