Tag: Media and entertainment industry

TikTok compares itself to foreign-owned American news outlets as it fights forced sale or ban

TikTok on Thursday pushed back against U.S. government arguments that the popular social media platform is not shielded by the First Amendment, comparing...

Trump's Truth Social posts Q2 loss, lower revenue

Trump Media and Technology Group, the owner of former President Donald Trump’s social networking site Truth Social, lost more than $16 million last...

Disney returns to profit in third quarter as streaming business starts making money for first time

The Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and...

Warner Bros. Discovery sues NBA for not accepting its matching offer

Warner Bros. Discovery has sued the NBA after the league did not accept the company's matching offer for one of the packages in...