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Business

Disney Plus adds 8 million subscribers—but it’s still operating at a loss

Disney+photo: NICK AGRO/AFP via Getty Images When Disney first launched its streaming service Disney+ back in November of 2019, it did so with a long-term mindset. Streaming was, presumably, the future, and so the company was willing to burn a lot of money to catch up with more established performers in the industry—most notably Netflix, […]

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Mobile

Trump says he has no Trump Organization cell phones and asks judge to end contempt purposes

New York CNN — Former President Donald Trump said he no longer has four cell phones identified by the New York attorney general’s investigation into the Trump Organization’s finances but has turned over his personal phone to be searched as he tries to convince a state judge to lift a civil contempt ruling that so […]

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SOCCER

Lionel Messi tops Forbes’ highest-paid athlete list for 2022

CNN — Despite a disappointing season on the pitch, Paris Saint-Germain star Lionel Messi was the highest-paid athlete in the world over the last 12 months, according to Forbes. The soccer sensation is reported to be bringing in pre-tax gross earnings of $130 million a year from on-field and off-field pursuits, keeping him ahead of […]

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Business

Redbox getting swallowed by Chicken Soup For The Soul

red boxphoto: Justin Sullivan/ (Getty Images) Great news for anybody who wants to see some sun-damaged touch screens get livened up by a little good, hearty cheer: Redbox just got itself bought by Chicken Soup For The Soul Entertainment Inc., the company behind eight million books of inspirational sub-Reader’s Digest horseshit, and also, for some […]

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Business

Tesla’s China sales dive 98% in April amid Shanghi lockdowns

Hong Kong CNN Business — Car sales saw a record decline last month in China, the world’s largest automobile market, as strict Covid-19 lockdowns take a severe economic toll. And no automaker suffered more than Tesla. The EV maker sold 1,512 vehicles in mainland China last month, down 98% from March, according to data from […]