Section

Companies

Earnings, M&A, corporate news

Ars Technica

Meta's $1.4 trillion lawsuit to proceed to trial after appeals court ruling

An appeals court has ruled that a lawsuit against Meta regarding social media addiction will proceed to trial, rejecting the company's claims of legal immunity. The lawsuit, initiated by California's attorney general, seeks damages exceeding $1.4 trillion, with the trial scheduled to start on August 19.

Bias: 30 Sentiment: +0.00
Washington Examiner

Democratic PAC Targets Rep. Mariannette Miller-Meeks in Iowa House Race

The 314 Action Fund, a Democratic PAC, is targeting Rep. Mariannette Miller-Meeks (R-IA) in the upcoming Iowa House race, attributing high healthcare costs to her policies. The PAC has invested $750,000 in an advertising campaign against Miller-Meeks, who faces former state Rep. Christina Bohannan. The campaign highlights Miller-Meeks' support for legislation that Democrats claim cuts Medicaid funding, while Republicans argue it includes reforms to improve healthcare efficiency.

Bias: 4 Sentiment: -0.10
Washington Examiner

Senate Republicans Criticize Democrats Over Voter ID Proposal

Senate Republicans are using the failure of a recent voter ID proposal to criticize Democrats ahead of the midterm elections. The proposal, which aimed to establish federal photo ID requirements, did not receive any Democratic support and was blocked in the Senate. Polls show that a significant majority of Americans favor voter ID laws, despite Democratic claims that such measures create unnecessary barriers to voting.

Bias: 4 Sentiment: +0.00
Washington Examiner

Rep. Haley Stevens Endorses Abdul el Sayed After Primary Loss

Rep. Haley Stevens acknowledged her primary election loss to Abdul el Sayed, expressing her commitment to support him in the general election. Despite her defeat, she emphasized her centrist values and bipartisan record, stating her ongoing affiliation with the Democratic Party.

Bias: 30 Sentiment: +0.10
Washington Examiner

White House Rescinds TikTok Ban on Government Devices Following Ownership Change

On August 11, 2026, the Trump administration lifted the ban on TikTok for government devices, citing a change in ownership to a group of American investors. The decision follows a DOJ opinion stating TikTok no longer poses national security risks, as the app has revised its cybersecurity measures.

Bias: 4 Sentiment: +0.00
Washington Examiner

Sen. Ron Wyden Proposes New Tax for Data Centers

Senator Ron Wyden has introduced a proposal to impose a new tax on data centers, which would limit certain tax deductions and introduce a gross receipts tax. Critics argue this could increase internet service costs. Meanwhile, Energy Secretary Chris Wright claims oil exports from the Arabian Gulf have exceeded pre-war levels, a statement met with skepticism from analysts. Chicago's mayor is also advocating for a moratorium on new data centers to regulate their impact.

Bias: 4 Sentiment: +0.00
Fox News — Politics

Wisconsin gubernatorial candidate Francesca Hong criticized for past social media posts

Francesca Hong, a Democratic gubernatorial candidate in Wisconsin, has come under fire for past social media comments, including describing America as 'an abundance of suffering.' Her statements on issues such as police abolition and representation for marginalized communities have sparked debate as she campaigns for the Democratic nomination.

Bias: 30 Sentiment: -0.20
yahoo.com

Democratic Primaries in Minnesota and Wisconsin Test Party Dynamics

Democratic primaries held on August 11, 2026, in Minnesota and Wisconsin are testing the party's left faction against its establishment. In Minnesota, Lieutenant Governor Peggy Flanagan faces Congresswoman Angie Craig for the Senate nomination, while in Wisconsin, Francesca Hong is the leading candidate for the gubernatorial nomination. Meanwhile, in South Carolina, Senator Darline Graham seeks a full term with Trump's endorsement amid a crowded Republican field.

Bias: 4 Sentiment: +0.00
The Daily Beast

Michael Alfonso Defends Campaign Strategy Involving Sean Duffy

Michael Alfonso, a congressional candidate in Wisconsin, has defended his use of his father-in-law Sean Duffy in his campaign, stating that Duffy helps introduce him to voters. Alfonso's campaign has received significant financial backing from Duffy and has faced criticism regarding his qualifications and experience as he prepares for the upcoming primary election.

Bias: 4 Sentiment: +0.00
Daily Wire

Trump Considers Federal Intervention Against NYC Pied-à-Terre Tax

President Donald Trump announced that his administration is considering federal action against New York City's pied-à-terre tax, citing concerns about its economic impact. This follows a temporary restraining order from a state judge halting the tax's implementation amid a lawsuit from homeowners challenging its execution. A hearing is set for August 31, 2026.

Bias: 14 Sentiment: -0.20
Fox News — Latest

Stephen A. Smith Discusses Political Controversy Surrounding WNBA

Stephen A. Smith discussed the political controversies affecting the WNBA, attributing part of the blame to the league's failure to establish clear guidelines, particularly regarding transgender participation. He criticized both the league and conservatives for their roles in the ongoing disputes and emphasized the need for the WNBA to take a stronger position to avoid politicization.

Bias: 30 Sentiment: +0.10
Axios

Memory Chip Prices Rise Due to Increased Demand for AI

Memory chip prices have surged by 27.6% in June compared to the previous year, driven by increased demand for AI technologies. This trend, known as 'chipflation,' is affecting the prices of various electronic goods and is leading to heightened competition among manufacturers for limited memory supplies. Analysts suggest that companies are continuing to invest in technology despite rising costs.

Bias: 30 Sentiment: +0.00
The Daily Beast

Trump Media Reports $238 Million Loss Amid Declining User Numbers

Trump Media & Technology reported a $238 million loss for the second quarter of 2026, significantly higher than the previous year. The company has experienced a decline in daily active users of its Truth Social app and is pivoting its business strategy while introducing a premium subscription service. Despite a revenue increase from advertising, the company's stock continues to decline.

Bias: 65 Sentiment: -0.20
BBC — Business

Trump Media reports $238 million loss amid cryptocurrency decline

Trump Media has announced a loss of $238 million, linking it to the downturn in cryptocurrency markets. The company plans to concentrate on its social media initiatives, including a service that provides quicker access to posts from Donald Trump.

Bias: 14 Sentiment: -0.10
Guardian — US

Trump Media & Technology reports $238 million loss in Q2

Trump Media & Technology announced a loss of $238 million for the second quarter of 2026. The company plans to refocus on social media after exploring ventures in cryptocurrency and online betting.

Bias: 4 Sentiment: -0.10
nypost.com

Judge Issues Temporary Restraining Order on NYC Pied-à-Terre Tax Rollout

A Staten Island judge has issued a temporary restraining order halting the rollout of New York City's pied-à-terre tax, which targets luxury second homes. The order prevents the city from taking further action on notices sent to homeowners until a court hearing on August 31. Mayor Mamdani's administration plans to appeal the ruling, emphasizing the tax's intended fairness.

Bias: 36 Sentiment: +0.00
cbsnews.com

Federal Judge Dismisses Charges Against Gautam Adani, Critiques DOJ Officials

A federal judge dismissed fraud charges against Gautam Adani, criticizing the Justice Department's rationale for the dismissal. Judge Nicholas G. Garaufis expressed concern over the lack of consultation with investigative agencies and the justification provided by DOJ officials, particularly Trent McCotter. Adani welcomed the court's decision, reaffirming his commitment to the judicial process.

Bias: 14 Sentiment: +0.10
finance.yahoo.com

Trump Media & Technology Reports Significant Losses and Refocuses Business Strategy

Trump Media & Technology reported a loss of $238 million for Q2 2026, significantly higher than the previous year. The company plans to refocus on its social media platform and abandon various ventures, while also pursuing a merger in the nuclear fusion sector. Despite the losses, revenue for the quarter increased to $1.7 billion.

Bias: 4 Sentiment: -0.10