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A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association (NRA) annual convention in Houston, Texas, on May 29, 2022. REUTERS/Callaghan O'Hare Newsmax went public on Monday, raising $75 million from 7.5 million shares. The stock surged 667% in its debut, valuing Newsmax at about $8 billion. Newsmax's valuation is now double that of Trump Media and a third of Fox Corp. Newsmax is seeing wild trades in its first day as a public company. The conservative media company went public on Monday in a mini-IPO, selling 7.5 million shares at a price of $10 each, raising $75 million. Investors have piled into the stock. Shares opened for trading at $14 and hit an intraday high of $76.74, representing a one-day gain of as much as 667%. Newsmax stock pared the gains to 496%, trading at $59.85 at 12:40 p.m. Monday's trading frenzy for Newsmax stock catapulted its valuation to about $8 billion, about double that of Trump Media &...

Apple is developing a new version of its Health app that includes an AI coach that can advise users on how to get healthier, according to Bloomberg’s Mark Gurman. Gurman first reported that something like this was in the works back in 2023, but now he says development is moving ahead, with the new features […] from TechCrunch https://ift.tt/Rcw2xMZ via IFTTT

Indu Navar and her late husband, Peter Cohen. Courtesy of Indu Navar. Indu Navar has spent her career in tech, building and investing in organizations in Silicon Valley. She founded the Peter Cohen Foundation and EverythingALS after her husband died of ALS. Cohen had a long tech career, too. He built Amazon Mechanical Turk and AWS at Amazon. This is an As-Told-To essay based on a conversation with Indu Navar, the CEO and Founder of EverythingALS . It has been edited for length and clarity. Both my husband and I have been on the ground floor building technology that changed the world. I have degrees in electrical engineering and computer science. I started my career at NASA and was on the founding team of what is today's WebMD. Then, I started another company that I ran for 14 years. After that, I was investing and advising. I've always been fascinated with big data and building analytics on top of it. My husband, Peter Cohen, worked at Amazon for about 18 years. He ...

Perplexity CEO Aravind Srinivas recently took to Reddit to address users’ product complaints and reassure them that the company is not under serious financial pressure. Srinivas seemed to be responding, in part, to a user theory that the company is “doing horribly financially” and “making lots of changes to cut costs.” As an example, the […] from TechCrunch https://ift.tt/Ww3zbE0 via IFTTT

When you buy through our links, Business Insider may earn an affiliate commission. Learn more Johni Broome of the Auburn Tigers slam dunks in 2025. Stew Milne/Getty Images The Elite Eight round of March Madness continues with a much-anticipated match-up between Michigan State and Auburn. If you're hoping to tune in, you've come to the right place. Keep reading to learn how to watch Michigan State vs. Auburn. No. 1 seed Auburn continues its quest for a national championship tonight, but first, it'll need to get through No. 2 Michigan State. The Auburn Tigers surpassed the Michigan Wolverines on Friday night with a 78-65 win. The Michigan State Spartans had a slightly closer margin of victory against the Ole Miss Rebels, a 73-70 win that came down to the last few minutes. Now, the two teams will face off for a slot in the Final Four. Keep reading to learn how to watch today's Elite Eight game. If you're hoping to watch the rest of the tournament, don't forg...

Future Publishing/Future Publishing via Getty Images Amazon Photos has a new feature that turns your photo library into an online marketplace. Users can now search for products on Amazon using photos stored in their Amazon Photos app. The new feature uses image recognition technology to find similar products sold on Amazon. Amazon is now setting up shop in users' photo libraries. Panos Panay , senior vice president of Amazon's Devices and Services division, announced an update to Amazon Photos allowing users to "search your photo library to find similar products on Amazon." "Spot something you loved at a friend's house or a toy your kid was obsessed with?" he wrote in an X post on Friday. "Just search your photos and we'll surface relevant items for you." Panay posted a 30-second video promoting the update, which uses image recognition technology to analyze users' photos, identify potential products, and provide links to ...

Palestinian filmmaker Hamdan Ballal won an Oscar for the documentary "No Other Land" in early March. Hazem Bader/AFP via Getty Images The organization behind the Oscars apologized over its response to an attack on a Palestinian director. Hamdan Ballal said earlier this week that he had been attacked by Israeli settlers. Hundreds of Academy members criticized the awards body over its initial statement on the incident. The Academy of Motion Picture Arts and Sciences has issued an apology for its response to an attack on the Oscar-winning filmmaker Hamdan Ballal following pressure from voting members. Hundreds of Academy members have criticized the awards body for not acknowledging Ballal by name in its initial statement shared after the Palestinian director said he had been attacked by Israeli settlers and detained by soldiers in the West Bank earlier this week. The Academy released the statement on March 26, condemning attempts at "harming or suppressing artist...

Amazon announced this week that Jennifer Salke is stepping down as the head of Amazon MGM Studios — a move that could indicate high-level dissatisfaction with the company’s streaming strategy over the past few years. To be clear, Salke’s boss Mike Hopkins (the head of Amazon MGM Studios and Prime Video) praised her work in […] from TechCrunch https://ift.tt/NrJL3RY via IFTTT

Overdraft fees are back on the table SolStock/Getty Images The Senate voted to squash a rule limiting bank overdraft fees to $5. The House still needs to vote. Banks collected about $5.8 billion in overdraft fees from consumers in 2023. From JPMorgan to Wells Fargo, see what banks earn in overdraft fees. Bank overdraft fees appear to be back on the table following years of decline — and the largest banks stand to gain the most. The Consumer Financial Protection Bureau in December moved to limit the fees banks can charge customers whose accounts dip below their available balances. The CFPB's rule, set to go into effect later this year, would have capped overdraft fees to $5 at banks with at least $10 billion in assets. On Friday, the US Senate voted down the rule, which the industry largely opposed. The House of Representatives is expected to vote on it next week. "We applaud today's Senate passage of the Congressional Review Act resolution nullifying the CFPB...

Florida Gov. Ron DeSantis has proposed eliminating the state's property taxes, which account for most school district funding. Joe Raedle/Getty Images Florida Gov. Ron DeSantis has proposed eliminating property taxes in the Sunshine State. The move is aimed at reducing financial strain on homeowners who've seen their taxes soar. But the revenue is critical for local government services, including the public school system. Watching your home value soar is a great feeling for many homeowners. Getting hit with a much higher property tax bill as a result, not so much. In Florida, Republican lawmakers are responding to homeowners' uproar over the rising levies, which have surged in recent years as demand for real estate has skyrocketed and prices have followed. Gov. Ron DeSantis recently began pushing to eliminate property taxes in the Sunshine State through a constitutional amendment. Florida homeowners have faced some of the sharpest surges in property taxes in th...

Chip Somodevilla/Getty Images; Getty; Rebecca Zisser/BI Barclays cut its S&P 500 year-end target to 5,900. It's the lowest target for the benchmark index among major banks. Tariffs could slash earnings per share by over 2%, Barclays said. Barclays slashed its S&P 500 target to the lowest among the major banks, predicting that the index will end the year at 5,900. Before Wednesday, the firm held a 6,600 target but cut its outlook amid deteriorating economic data and tariff disruptions, which have paralyzed markets so far this year. RBC and Goldman Sachs have also downgraded their price targets this month, they expect the S&P to reach 6,200 — implying a record high by year-end. Meanwhile, Citi and HSBC this month downgraded their outlooks of US stocks to "neutral" without slashing price targets. Barclays' outlook suggests that the index has already peaked this year. The 5,900 target would deliver a meager 0.3% gain for the year. "Our ba...

OpenAI is embracing rival Anthropic’s standard for connecting AI assistants to the systems where data resides. In a post on X on Wednesday, OpenAI CEO Sam Altman said that OpenAI will add support for Anthropic’s Model Context Protocol, or MCP, across its products, including the desktop app for ChatGPT. MCP is an open-source standard that […] from TechCrunch https://ift.tt/D4KTyUq via IFTTT

Investment bank CEO Ken Moelis. Richard Hartog/Los Angeles Times The boutique investment bank Moelis is ending work-from-home flexibility. In a departure from its COVID-era policy, it's calling employees back to the office full-time. The new five-day-per-week rule goes into effect in May. Moelis & Co. is ending hybrid work and requiring employees to return to the office five days a week, joining a growing number of Wall Street firms rolling back remote work policies that took hold during the pandemic. The investment bank is calling workers back as Wall Street's dreams of a dealmaking rebound stall amid growing economic uncertainty under President Donald Trump, putting some hiring plans in question, as Business Insider previously reported. The five-day RTO mandate will take effect in May and apply to the firm's roughly 1,300 employees, a spokesperson told BI. The firm's return-to-office request was first reported by Financial News. Moelis previously al...

Brooklyn-based electric vehicle charging infrastructure startup Revel on Monday launched its first fast-charging station in San Francisco, kicking off its plans to expand across the Bay Area over the next year.  “For years, Revel has operated the largest, fastest, and most reliable fast-charging network in New York City,” Frank Reig, co-founder and CEO of Revel, […] from TechCrunch https://ift.tt/L0ohg46 via IFTTT

A coalition of teachers sued the Trump administration over its dismantling of the Department of Education. Kevin Dietsch/Getty Images A coalition of teachers and unions filed the first lawsuit over Trump's plans to eliminate the Department of Education. The groups said that Trump does not have the authority to act on his plans without approval from Congress. Trump has already cut staff at the department and said he's transferring student loans to the SBA. President Donald Trump is facing his first legal challenges over his plans to eliminate the Department of Education. On Monday, advocacy group Democracy Forward filed a lawsuit on behalf of a coalition of teachers and unions — including the American Federation of Teachers and the American Association of University Professors — aimed at blocking Trump's efforts to dismantle the Department of Education . "Defendants seek to eliminate the U.S. Department of Education," the complaint's opening sentenc...

It's not the first time Elon Musk and Donald Trump have shown up together at sporting events. Kayla Bartkowski/Getty Images Trump and Musk attend the Wrestling Championship in their latest appearance together outside DOGE. The NCAA Wrestling Championship is a major college event with top national wrestlers. Their joint appearance drew cheers from supporters but also boos from critics. Donald Trump and Elon Musk appear to have a new shared interest that's not government efficiency: wrestling. The president and Tesla CEO were seen together on Saturday in Philadelphia for the NCAA Division 1 Wrestling Championship, an annual college tournament featuring the nation's top wrestlers. Trump entered the Wells Fargo Center and shook hands with several members of the crowd to mostly cheers — and some boos — before chants rang round of "U-S-A." Outside the arena, several dozen protesters had gathered along Pattison Avenue, holding signs saying "Save our demo...

The author and her husband have been together for almost 20 years. Courtesy of the author I've always preferred brutal honesty, so I told a total stranger that his fly was down. He bought me a beer and a corndog, but I wasn't looking for a relationship. We've been together for almost 20 years now. "Your fly is down." That's the first thing I ever said to my now-husband. In my defense, even though I didn't know him, he was talking with two other people I did know. Also, I'm the kind of person who wants people to tell me when I have food in my teeth. I prefer brutal honesty over silent embarrassment. He thanked me and offered to buy me a drink for my kindness. "I'd rather have a corndog," I countered. Mortified doesn't begin to describe what I probably should've felt. I had just told a guy his fly was down and that I wanted a corndog as a thank you. But when he offered to buy me both and his eyes lingered on mine, I s...

Charlie Javice’s high-profile fraud trial has become a showcase of embarrassing missteps on both sides, with eyebrow-raising details about how JPMorgan Chase was allegedly deceived into buying her startup, Frank, for $175 million when it had just 300,000 customers instead of four million. Per a new WSJ article, one pivotal moment came when former Frank […] from TechCrunch https://ift.tt/XCkjTVL via IFTTT

When you buy through our links, Business Insider may earn an affiliate commission. Learn more The second round of March Madness 2025 kicks off on Saturday. Tyler Schank/NCAA Photos via Getty Images The second round of March Madness picks up today, and we've put together everything you need to know about how to watch Michigan vs. Texas A&M, whether you have cable or are looking for a live streaming alternative. The Michigan Wolverines and Texas A&M Aggies both made it through the first round of March Madness. Fresh off of a Big Ten Tournament Championship win, Michigan beat out the UC San Diego Tritons 68-65 in the first round. Texas A&M eliminated the Yale Bulldogs 80-71. Michigan is ranked No. 5 and Texas A&M is ranked No. 4 in this year's tournament, so it's anyone's game. The last time the two teams played was during the Sweet 16 round at March Madness in 2018, which saw Michigan win 99-72. Michigan went on to reach the National Championship tha...

Jean-Marc Bellaiche is the CEO of Printemps. Courtesy of Printemps Printemps, a luxury French retailer, opened a new location in New York City. The launch marks the store's return to the American market. Turning the store into a success will take "hard work," a GlobalData Retail analyst says. A walkthrough at Printemps New York , a new retail venue in Manhattan's Financial District, is different every time you visit — and that's the point. Ambient noise and mood lighting that changes throughout the day are designed to transport you to a playful Parisian apartment that will feel different at 10 a.m. than it does at 7 p.m. Though the space was originally designed to be part of a bank's headquarters, Printemps intends to make it a destination for foodies, fashion moguls, and local residents alike. Printemps , a luxury French retailer, had the grand opening of its new location at One Wall Street in New York City on Friday. The Big Apple venture marks a ...

It’s well-established that AI models developed by Chinese AI labs like DeepSeek censor certain politically sensitive topics. A 2023 measure passed by China’s ruling party forbids models from generating content that “damages the unity of the country and social harmony.” According to one study, DeepSeek’s R1 refuses to answer 85% of questions about subjects deemed […] © 2024 TechCrunch. All rights reserved. For personal use only. from TechCrunch https://ift.tt/jKgocMe via IFTTT

Suzanne Collins just published "Sunrise on the Reaping." Scholastic Suzanne Collins released "Sunrise on the Reaping," a prequel to "The Hunger Games," on Tuesday. Collins has published two prequels to accompany the three books in the beloved series. I wouldn't recommend reading the five "Hunger Games" books chronologically. If you noticed the rustle of pages accompanied by hushed gasps as you walked by your nearest bookstore Tuesday, there's no need to panic. It was probably just the sound of "Hunger Games" fans speed-reading Suzanne Collins' latest novel, "Sunrise on the Reaping." "Sunrise on the Reaping" is the second "Hunger Games" prequel Collins has published, as she released "The Ballad of Songbirds and Snakes" in 2020. As Collins expands the world of Panem, newer readers of her works are torn about how to start the series . As a longtime fan of her work, I have tho...

Ripple Nurphoto/ Getty Images Ripple announced that the SEC's lawsuit against the firm is over. Ripple Labs' XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs over its issuance of the XRP cryptocurrency . The case, brought by the SEC under President Joe Biden, claimed that XRP was an unregistered security. Industry players said that a win by the regulator would have fundamentally reordered the crypto space by defining most tokens as securities under the purview of the SEC and forcing them to comply with the full range of securities laws. Ripple CEO Brad Garlinghouse announced the news in a video posted Wednesday morning on X, citing that the update marks the end of a chapter in the recent history of the crypto market. "Just over four ...

When you buy through our links, Business Insider may earn an affiliate commission. Learn more The best Spanx coupons can help you save 20% on your order. Spanx While Spanx was an early leader in comfortable and flattering shapewear, the brand is also home to some of our favorite loungewear, workwear, and activewear. Their high-quality pieces can quickly get pricey, which is why it helps to have a good Spanx coupon to use at checkout. Our style editors on the Reviews Team have tested Spanx's most popular items and have been impressed with the brand's range. The Spanx Air Essentials Half-Zip and Wide Leg Pant make up our favorite sweatsuit for women , while the PerfectFit Ponte Flare Pants made the cut to be featured in our best work pants for women guide. Read our full Spanx review to learn more about our top picks. Using a coupon is the best way to score a deal at Spanx. Some codes help you save an extra 20% on your order (and not just for first-time buyers) on top...