Pinterest’s IPO filing shows surging revenue, shrinking losses


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Pinterest filed its initial public offering Friday, revealing insights into both its strategy and advertising revenues. By the numbers The San Francisco-based visual discovery platform has been losing money, but its revenue has also been surging. Pinterest which plans to be listed as "PINS" on the New York Stock Exchange says it lost nearly $183 million in 2016, but only $63 million in 2018. Continue reading at AdAge.com

Jerry Media says it’s considering legal action after meme lawsuit is dropped


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The internet wars are raging over the copyright of a meme. Jerry Media, owner of @fuckjerry and its more than 14 million followers, said it is considering taking legal action against content creator Olorunfemi Coker, who alleged in a lawsuit filed on March 19 that the company had copied and pasted a meme he had created to @fuckjerry. Corker had asked for $150,000 in damages before dismissing the suit. The post in question had promoted Jerry Media founder Elliot Tebele's tequila company JAJA. Two days after filing the lawsuit, Coker and attorney Scott Burroughs dismissed the suit after Jerry Media's investigation revealed Coker was not the original creator of the content, and as such could not lay claim to its copyright. Continue reading at AdAge.com

CNN’s Toobin: No Indictments From Mueller ‘Really Good News’ For Trump, Don Jr., Jared Kushner


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Shortly after the news broke that Special Counsel Robert Mueller had handed in his report to Attorney General William Barr, CNN’s Jeffrey Toobin said that the fact the probe concluded is “really good news” for President Donald Trump, Donald Trump Jr. and Jared Kushner. “Let’s be specific,” Toobin began. “This is really good news for a lot of people around Donald Trump. Donald Trump Jr, Jared Kushner, Jerome Corsi, the writer who had a draft indictment presented to him by Mueller’s office and they decided not to go forward with this. Let’s be fair here. There has been a lot of suspicion around certain people. And a lot of negative things have been said and imputation of criminal activity.” He continued on: “Mueller has said, I am not proceeding. There is no better news to receive than you are not being indicted by the Continue reading "CNN’s Toobin: No Indictments From Mueller ‘Really Good News’ For Trump, Don Jr., Jared Kushner"

DOJ Official: Mueller Not Recommending Any Further Indictments


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Following the submission of Robert Mueller‘s report to AG Bill Barr, multiple reporters are saying Mueller is not recommending further indictments. CNN justice reporter Laura Jarrett broke down the news on The Situation Room earlier tonight, while adding this:
“There have certainly been spinoffs, so to speak, from much of Mueller’s work. We’ve seen him already farming out certain cases to the D.C. US Continue reading "DOJ Official: Mueller Not Recommending Any Further Indictments"

Schumer and Pelosi: Bill Barr Must Not Give Trump or His Team a ‘Sneak Preview’ of Mueller’s Findings


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Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer reacted earlier tonight to the big news that Special Counsel Robert Mueller‘s report has finally been completed and submitted to AG Bill Barr. In a joint statement, the Democratic leaders call on Ball to “make the full report public and provide its underlying documentation and findings to Congress.” “Attorney General Barr must not give President Trump, his lawyers or his staff any ‘sneak preview’ of Special Counsel Mueller’s findings or evidence,” they say, “and the White House must not be allowed to interfere in decisions about what parts of those findings or evidence are made public.”

Chuck Todd Panel Goes Off After Mueller Report Finally Submitted: ‘He Caught a Lot of Witches’


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The Mueller report has finally been submitted to Attorney General Bill Barr. On MSNBC, Chuck Todd and his panel broke down what that means and reflected on how much Mueller has gotten done. “I want to remind people of Mueller’s track record here,” Todd said. “These are the guilty pleas that he got, the indictments that he’s gotten, Manafort, Cohen, Flynn, Papadopoulos, Gates, van der Zwaan, Pinedo, Kilimnik, Stone, 25 different members of Russian intelligence and Russian officials. This was not a––if this was a witch hunt, it’s the most successful witch hunt in American history.” Ken Dilanian agreed and said, “He caught a lot of witches.” He noted that many people will end up surprised that “no one around Donald Trump has been charged with conspiring with that Russian election interference effort.” Dan Balz said, “The president has been insistent there was no collusion… And yet Continue reading "Chuck Todd Panel Goes Off After Mueller Report Finally Submitted: ‘He Caught a Lot of Witches’"

AG Barr Could Advise Congress on Mueller Report ‘As Soon as This Weekend’


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Special Counsel Robert Mueller submitted his report on Russian interference in the 2016 election and potential cooperation with the Trump campaign on Friday to Attorney General William Barr — who said in a statement he could advise Congress on Mueller’s findings “as soon as this weekend.” According to the letter, as read by CNN’s Wolf Blitzer:
I am reviewing the report and anticipate I may be in a position to advise you of principal condition conclusion as soon as this weekend. Separately, I intend to consult with special counsel Mueller to determine what other information from the report can be released to Congress and the public consistent with the law including the special counsel regulations and department’s long-standing practices and policies. I remain committed to as much transparency as possible. And, I will keep you informed as to the status of your review.
Copies of the letter have Continue reading "AG Barr Could Advise Congress on Mueller Report ‘As Soon as This Weekend’"

WATCH: Cable News Pundits Speculate Wildly About the Mueller Report Hours Before It’s Finally Submitted


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At long last, the speculation can finally end. The Mueller report is here. The shocking news everyone has been anticipating for months is here, following months and months of wild speculation. The speculation continued on cable news today with reporters and pundits bracing for something to happen. Over on Fox News, Chris Wallace reminded viewers how former Trump lawyer John Dowd had predicted at one point this whole thing would be over by Thanksgiving 2017.

Wallace noted this is just the “latest fever” from Washington and everyone’s been at “DEFCON 3” for weeks now. “At some point, the prediction that it’s coming out today will be true.” Shepard Smith said it feels a little different today, but added, “Who the heck knows?” Over on MSNBC, Nicolle Wallace said, “We’ve all got our phones in front of us, because we really are in this moment where anything could happen Continue reading "WATCH: Cable News Pundits Speculate Wildly About the Mueller Report Hours Before It’s Finally Submitted"

BREAKING: Mueller Submits Report to Attorney General Barr


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The Mueller report is done, and has been delivered. According to the Washington Post’s Ellen Nakashima, special counsel Robert Mueller’s long-awaited report has been delivered to Attorney General William Barr. That tweet was followed by this from Los Angeles Times reporter Del Quentin Wilber: The Washington Post reports that Barr is expected to sum up the findings for lawmakers “in the coming days.” Washington has been buzzing all day about the completion of the report investigating the ties between President Donald Trump‘s campaign and Russia. After months of similar rumors, it appears the day has finally arrived.

Apple’s video event may be a non-event for streaming companies


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Apple Inc. is widely expected to enter the highly competitive video-streaming market at an event on Monday, but Wall Street could react to the news with yawns. The announcementwhich will detail a plan that Apple has been dropping hints about for weeksis unlikely to be a game changer for Apple or its competitors, according to analysts who said it would be hard for Apple to match video-streaming rivals in the breadth of original content it offers. And because it will represent such a small part of Apple's own business, the event may not have much impact on its stock price. "In order to move the needle with services such as video, Apple would need to add a business several times the size of Netflix," wrote Raymond James analyst Chris Caso in a March 14 note. The "iPhone is simply so big, it's difficult for anything else to have an impact. Continue reading "Apple’s video event may be a non-event for streaming companies"

Ret. Admiral John Kirby: Trump’s Abrupt North Korea Reversal is ‘Dangerous Way to Do Diplomacy’


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Ret. Rear Admiral John Kirby, a CNN military analyst and former spokesman for the Obama State Department, said this afternoon that President Donald Trump‘s surprise reversal on North Korea sanctions is dangerous and signals how “unpredictable” the U.S. is. CNN’s Brooke Baldwin asked if the abrupt move is any way to conduct foreign policy. Kirby responded, “It is if you want to convince the world that we don’t have a cohesive foreign policy, and that we’re not interested in consulting allies, partners, or other federal agencies before we enact these kinds of policies.” “But other than that, no big deal,” Baldwin said. Kirby called it a “dangerous way to do diplomacy” because of how it conveys to the world that “these aren’t well-thought-out ideas” with a serious plan behind them:
“Kim might receive this as ‘Okay, maybe Trump’s willing to deal on sanctions and lighten up Continue reading "Ret. Admiral John Kirby: Trump’s Abrupt North Korea Reversal is ‘Dangerous Way to Do Diplomacy’"

MSNBC Foreign Correspondent Seen on Camera Using Spit to Style His Hair


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Before bringing an important update on the crumbling ISIS caliphate in Syria, MSNBC foreign correspondent Matt Bradley was caught on camera before he was fully ready for the shot. “This just in, three U.S. military officials are in direct contradiction that the Islamic state territory in Syria has been 100% eliminated. They say the fighting is still going. Matt Bradley is in eastern Syria where the last remnants where the so called caliphate were, what’s the situation for you,” MSNBC’s Ali Velshi said, and Bradley was seen using spit to style his hair. Velshi then cut away to give Bradley more time to prepare and/or spit. It is understandable that hair care products could be in short supply when you’re on the front lines reporting on the destruction of the infamous terrorist group. Bradley certainly lived out a Marine Corps motto: improvise, adapt and overcome. Good on him. If Continue reading "MSNBC Foreign Correspondent Seen on Camera Using Spit to Style His Hair"

Snapchat’s private market thrills brands but not publishers


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Snapchat's foray into premium video advertising, with the exclusive marketplace to link brands and top-tier publishers it launched last year, is winning over advertisers with the amount of control it gives them to choose where ads run. Early media partners, however, say they're disappointed. It's been a little more than six months since the private marketplace opened, and some publishers have yet to see the financial benefits, according to one top publishing partner executive, who spoke on condition of anonymity. "We make some money there, but it was posed to me, at a time of year when we needed to drive revenue, that this was awesome, a way to totally crush it," the exec says. "Then we went live, and money was just barely dripping in. Like when it's misty outside, and not quite raining, it's annoying." Continue reading at AdAge.com