Byron Allen is set to become BuzzFeed's new CEO after acquiring a 52% stake in the company for $120 million, paying a significant premium on the shares. BuzzFeed's founder, Jonah Peretti, will transition to a new role as president of BuzzFeed AI. The deal aims to address BuzzFeed's financial struggles, including a 12.4% revenue decline and widening net losses. The acquisition is expected to close by the end of the month, with funding through cash and a promissory note.
Inno Holdings (INHD) stock was halted by Nasdaq after soaring over 3,600% in one session, rising from about $1.01 to above $66. The surge followed a $3 million contract with a Hong Kong AI firm, which is small compared to typical mid-cap expenses. Th...
Metamucil has introduced "Metamucil Mic Grab," a new digital content series hosted by registered dietitian Amy Shapiro, featuring 90s icons Lance Bass and Danielle Fishel. The series aims to educate viewers on the fibermaxxing trend, which encourages...
The U.S. military conducted retaliatory strikes against Iran following the downing of an American Apache helicopter. The strikes, described by U.S. Central Command as a proportional response to Iranian aggression, were announced on social media. Defe...
Entering XM partner code 274PQ during account registration in 2026 activates a 100% welcome bonus that doubles your first deposit's trading margin. This bonus provides a larger free margin buffer, allowing trades more room to recover from adverse mar...
Imagine, a leading provider of print and digital solutions, has appointed Mike Ritzenthaler as its new Chief Financial Officer. Ritzenthaler brings over 20 years of financial leadership experience, including roles at Polar Semiconductor and Ecolab, w...
