Top News — Thu, Apr 16, 1:02 AM UTC

Allbirds Pivots to AI, Adds $127 Million in Value

While AI-related companies like Allbirds see stock surges and a 'greed cycle' in valuations, public negativity around AI and data centers grows, posing a potential drag on startups like OpenAI and Anthropic looking to IPO.

Jury Finds Live Nation, Ticketmaster Operated Illegal Monopoly, Overcharged Fans

A jury found that Live Nation and its Ticketmaster subsidiary illegally monopolized large concert venues, a verdict that could lead to measures curbing their power, including a potential breakup, following a lawsuit sparked by Taylor Swift's Eras Tour ticket sales.

Trump Political Commentary & Media Debates

Elizabeth Banks criticized White women who voted for Trump, while 'The View' co-hosts debated embracing ex-Trumpers, and President Trump is set to be honored by Paramount CEO David Ellison, a potential new owner of CNN.

Trump Demands 'Clean' FISA 702 Extension for Spy Powers Bill

President Trump called for a reauthorization of FISA Section 702 without reforms, stating he would give up his 'rights' for the program, while Senator Ron Johnson supported an extension but preferred a shorter timeline for reforms.

Eric Swalwell Scrubbed from PAC Amid Ethics Probes, Assault Claims

Representative Eric Swalwell was removed from a powerful PAC supporting young Democrats as he faces sexual assault accusations, with a 'View' co-host claiming to have witnessed his 'troubling behavior' in a professional setting.

NYC SantaCon Founder Charged with Stealing Millions in Charity Funds

Stefan Pildes, founder of the popular NYC SantaCon event, was charged with fraud for allegedly donating only a fraction of the $2.7 million raised from 2019 to 2024, while flaunting a globetrotting lifestyle.

US, Iran Advance Ceasefire Talks; Pakistani Mediators Arrive

Diplomatic efforts intensify to extend the fragile ceasefire, with Pakistani mediators arriving in Tehran to facilitate a second round of negotiations before the April 22 deadline, as the White House calls discussions 'productive and ongoing'.

Strait of Hormuz Oil Jam Threatens Humanitarian Crisis, Strains US-China Ties

The Middle East conflict has damaged up to $58 billion in energy infrastructure, prompting a low-cost transatlantic airline to cut Los Angeles routes due to soaring fuel prices and leading the UK to expand energy bill support for 10,000 businesses.

Last updated: 4/16/2026, 1:02:48 AM