Author: potus

Roblox shares plunged 11.1% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates.The stock posted its worst day since May 2024.Roblox reported bookings of $1.36 billion for the fourth quarter, versus the $1.37 billion expected by analysts polled by LSEG. Daily active users came in at 85.3 million, reflecting 19% growth from a year ago. However, the figure came up short of a StreetAccount estimate of 88.2 million.The company said it anticipates bookings to range between $5.20 billion and $5.30 billion for 2025, compared to a $5.30 billion FactSet estimate.CEO David Baszucki said in…

President Donald Trump is ready to take his fight against transgender athletes to the International Olympic Committee.Trump said Wednesday during a signing ceremony for an executive order aimed at banning transgender athletes from women’s sports that his administration wants the IOC to “change everything having to do with the Olympics and having to do with this absolutely ridiculous subject” ahead of the 2028 Summer Games in Los Angeles.The order empowers the Secretary of State’s office to pressure the IOC to amend standards governing Olympic sporting events “to promote fairness, safety and the best interests of female athletes by ensuring that…

With the Trump administration warning career lawyers to follow orders even if they have ethical qualms, pressure is building on professional legal associations to take a stance against efforts to upend long-standing norms of public service.The effort by lawyers inside and outside of the government comes as Trump, in one of his initial executive orders, issued a warning to state and local bar associations suggesting they could be targeted for investigation over their diversity programs. Lawyers who spoke with NBC News said that order came across as a threat to keep quiet or risk consequences.Follow live politics coverageAs of Tuesday,…

The top Democrat on the House Judiciary Committee, Rep. Jamie Raskin, is calling on top Trump administration officials to halt the purge of career prosecutors at the Department of Justice over their involvement in investigating and working on Jan. 6-related cases and to reinstate them to their positions. In letters exclusively obtained by NBC News and sent this morning, Raskin called on Attorney General Pam Bondi, FBI director nominee Kash Patel and acting U.S. Attorney for the District of Columbia Ed Martin for a commitment to undoing the actions and to provide relevant information to the committee. Raskin demanded that Bondi immediately…

WASHINGTON — Billionaire Bill Gates, a philanthropist and co-founder of Microsoft, said he met with President Donald Trump at the White House on Wednesday to advocate for continuing foreign aid disbursements from the U.S. Agency for International Development.”I went by the White House because there’s a lot in this transition, what we keep, in terms of foreign aid, what we keep — it’s all kind of up in the air,” he told NBC’s “TODAY” show anchor Savannah Guthrie in an interview. “And I’m doing my best to make sure we keep the things that I think are very value-based.”Gates said…

WASHINGTON (AP) — A bipartisan duo in the the U.S. House is proposing legislation to ban the Chinese artificial intelligence app DeepSeek from federal devices, similar to the policy already in place for the popular social media platform TikTok.Reps. Josh Gottheimer, D-N.J., and Darin LaHood, R-Ill., on Thursday introduced the “No DeepSeek on Government Devices Act,” which would ban federal employees from using the Chinese AI app on government-owned electronics. They cited the Chinese government’s ability to use the app for surveillance and misinformation as reasons to keep it away from federal networks. “The Chinese Communist Party has made it…

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.Noah Berger | Getty Images Entertainment | Getty ImagesAmazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue.For the past dozen years, Walmart held the distinction of being the top revenue generator each quarter. In 2012, it overtook oil giant Exxon Mobil, according to LSEG senior research analyst Tajinder Dhillon.Walmart remained…

President Trump on Thursday defended his proposal for the United States to take charge of postwar Gaza and resettle its Palestinian residents, but stressed that he would not deploy U.S. troops to the enclave, as Israel’s defense minister announced that he had ordered the military to draft a plan to allow people to voluntarily leave.The developments add to a swirl of confusion over the proposal by Mr. Trump to “take over” the Gaza Strip and for the roughly two million Palestinians living there to move elsewhere. The forced deportation or transfer of a civilian population is a violation of international…

Attorneys for the Justice Department have agreed to temporarily restrict staffers associated with Elon Musk’s Department of Government Efficiency from accessing information in the Treasury Department’s payment system.The agreement comes after a group of union members and retirees sued the Treasury Department alleging that providing DOGE access to the federal government’s massive payment and collections system — and the personal data housed in it — violated federal privacy laws.The Trump administration filed a motion Wednesday night seeking to enter a proposed order that detailed the agreed-upon terms.”The Defendants will not provide access to any payment record or payment system of…

President Trump’s funding freeze has thrown into confusion the future of a Syrian desert camp holding thousands of Islamic State members and their families, the camp’s director and people familiar with it said, describing it as a potential security threat in the region.The camp, Al Hol, which houses some 39,000 people, has been whipsawed by a halt to U.S.-funded programs then short reprieves, and is still struggling to understand its status. Even as some programs critical to securing the camp received temporary extensions, another organization essential to managing the camp said it might have to halt its work there as…