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Snap Shares Fall 14% As Investors Weigh String Of Executive Exits, CFO Stepped Off After Asking Board For A Raise — Update

Snap Inc

UPDATED to reflect new information about the reason for the CFO’s departure Shares of Snapchat parent Snap Inc. fell 14% today as investors weigh in on the departure of CFO Tim Stone, a former Amazon executive who exited after just eight months on the job. The company reported the its latest high-level executive departure Tuesday, after the market closed, saying Stone planned to “pursue other opportunities.” Bloomberg is reporting something else transpired: Stone went… Read

breakingBusiness

Snap CFO Tim Stone Quits After Eight Months – Update

Snapchat

UPDATED throughout: Snap chief financial officer Tim Stone is leaving the company after just eight months “to pursue other opportunities,” the company disclosed in a regulatory filing today. The company’s stock tumbled nearly 8% in after-hours trading to $5.96, as investors reacted to the news. Stone said his decision to leave “is not related to any disagreement with us on any matter relating to our accounting, strategy, management, operations, policies, regulatory… Read

TV

Don Cheadle & Kathy Griffin In Twitter Beef Over His Not Defending Her After Severed Trump Head Flap – In 2017

Nothing like a good Twitter beef to liven up a rainy day. Kathy Griffin drew a “Huh?” reply from Don Cheadle when she called him out for not supporting her stunt that depicted her holding the fake severed head of President Donald Trump, ISIS-style. You know — the thing that happened 18 months ago. Here is what Griffin tweeted at Cheadle that apparently kicked off today’s social media shenanigans, which included calling him — horrors! — a lousy liberal: Oh GREAT Don. I… Read

Film

Hugh Grant Tweets For Return Of Stolen Script

Hugh Grant turned to Twitter last night in hopes of retrieving a movie script stolen from his car. “In the unlikely chance that anyone knows who broke into my car tonight and stole my bag, please try and persuade them to at least return my script,” tweeted Grant, aka @HackedOffHugh. “Many weeks worth of notes and ideas. And perhaps my children's medical cards.” The A Very English Scandal actor didn’t disclose the scene of the crime, but included the address of his West… Read

Film

Will Smith Shares Photo With Martin Lawrence On Eve Of ‘Bad Boys 3’ Shoot

With production about to start on the third Bad Boys movie, Will Smith posed with co-star Martin Lawrence for an Instagram post, which included a note that the two of them binge-watched the first two movies in the franchise. Smith and Lawrence are smiling and look relaxed as they stand in front of a wall-sized image of themselves in the 1995 original. In a caption, Smith wrote, “First Day of Shooting tomorrow! We watched @BadBoys 1 & 2 together over the weekend. It's… Read

TV

President Donald Trump Responds To Morning News Show: Chaos? What Chaos? I’m Home Alone!

Donald Trump took issue with a Washington Post “Fake reporter” who apparently characterized the White House today as “chaotic.” How, the president seemed to reason in his 10th (and counting) Tweet of the day, can there be chaos when “there’s almost nobody in the W.H. but me….” With a definition of “Chaos” seemingly limited to a shopping mall on a Black Friday during the Cabbage Patch Doll craze, Trump disputed his characterization of the comments of the reporter from “the… Read

Business

Golden Globe-Winning ‘Green Book’ Co-Writer Spikes His Twitter Account After Old Anti-Muslim Post Resurfaces

Nick Vallelonga

It certainly has been an up-and-down week for Green Book co-screenwriter Nick Vallelonga. Days after sharing the Golden Globe for Best Screenplay, the scribe has deleted his Twitter account after an old tweet resurfaced in which he echoed then-candidate Donald Trump’s view that Muslims in New Jersey were seen celebrating when the World Trade Center towers fell on September 11, 2001. Here’s a screengrab of Vallelonga’s post from November 2015 that stirred controversy today… Read

Business

Donald Trump Tweet-Attacks “Crazy” NBC & MSNBC: “Worse Than Fake News CNN”

Donald Trump NBC

Some folks just never get over their former employer. President Donald Trump threw some evening shade on NBC and its cable news outlet tonight, tweeting that both “are going crazy” and “are truly the Opposition Party.” The former host of NBC’s The Apprentice and The Celebrity Apprentice even threw in a slam at an MSNBC rival — or was it a backhanded compliment? — exclaiming, “May even be worse than Fake News CNN, if that is possible!” Here’s what the leader of the free… Read

TV

Donald Trump Jr. Compares Migrants To Zoo Animals; Twitter Uncages Ire

Donald Trump Jr.

After his father was on TV waxing poetic about a “crisis of the heart,” Donald Trump Jr., who once compared Syrian refugees to a bowl of poisoned Skittles, likened migrants to zoo animals. "You know why you can enjoy a day at the zoo?" the son of President Donald Trump wrote in a since-deleted Instagram message posted Tuesday night. "Because walls work." The clueless analogy drew quick and widespread condemnation on social media. Seinfeld writer Larry Charles tweeted that… Read

TV

Donald Trump Tweets Border Barrier As Boon For Steel Industry Before Primetime Address

President Donald Trump warmed up his base for his primetime address pitching his concrete-southern-border-wall turned-steel-southern-border-fence as a great move for the U.S. economy. “The President is the biggest and best supporter of the Steel Industry in many years,” Trump tweeted, quoting Mark Glyptis, United Steelworkers Local 2911 president in West Virginia who, in one of those incredible coincidences, was a Tuesday morning guest on Fox & Friends. Glyptis spoke… Read

Business

Facebook Takes Down Page Discrediting R. Kelly Abuse Accuser

As Lifetime’s Surviving R. Kelly brings to light the many women who have accused the R&B singer of sexual abuse, a Facebook page was created discredit one of the accusers. The Facebook page titled “Surviving Lies” was taken down Monday after it attacked Asante McGee who appeared in the Lifetime docuseries. The page posted an alleged phone call from McGee's daughter who said that her mother's accusation was for money and it also posted McGee's arrest record. It… Read

exclusiveBusiness

‘Black Panther’ And ‘Crazy Rich Asians’ Top Fandango Golden Globes Survey

EXCLUSIVE: When it comes to awards, there’s often a split between what should win and what will win. So Fandango, the movie information/ticketing site, surveyed 2,500 fans on what films they’d like to see triumph at the 76th Golden Globes this Sunday. The top choices were Black Panther as Best Drama, while rom-com Crazy Rich Asians was the people’s choice in the Best Musical or Comedy category. "Black Panther and Crazy Rich Asians are not only wildly entertaining films… Read