Author: Elon Mark

South Korea’s Constitutional Court on Friday upheld the impeachment of President Yoon Suk Yeol, removing him from office four months after his short-lived imposition of martial law on Dec. 3.Protesters who have been demanding his ouster erupted in cheers at the ruling, waving flags and pumping their fists in the air. For weeks leading up to the ruling, hundreds of thousands of people protesting for and against Mr. Yoon have lined the streets of Seoul, often enduring freezing temperatures, rain and snow.At 11 a.m. local time, the court’s acting chief justice, Moon Hyungbae, began reading the ruling, which came after…

John Thornton, a financier who leveraged his wealth and influence to embark on the seemingly quixotic mission of reviving local journalism in a time of crisis, by founding The Texas Tribune, a seminal regional nonprofit news organization, and the American Journalism Project, which supports local digital newsrooms around the country, died on Saturday in Austin, Texas. He was 59.His death, by suicide, followed a long mental health struggle, a spokesman for the American Journalism Project said.Mr. Thornton helped change the financial model for sustainable local journalism when, in 2009, he founded The Texas Tribune, a member-supported, digital-only, nonpartisan media organization.…

In 2017, Hulu made television history by becoming the first streaming network to win the Emmy Award for Outstanding Drama Series, thanks to the phenomenon that was The Handmaid’s Tale.While Netflix has largely cornered the streaming market on original movies—and even managed to persuade A-listers like Guillermo del Toro, Alfonso Cuarón, and Martin Scorsese to come aboard—Hulu is starting to find its footing in features too, securing the exclusive rights to a large number of Oscar-nominated movies like A Real Pain and Anora. Below are some of our top picks for the best movies (original and otherwise) streaming on Hulu right now.Still looking for more great…

For three years, the U.S. economy has been buffeted by rapid inflation, high interest rates and political instability at home and abroad. Yet it has proved surprisingly resilient, supported by the sturdy pillars of robust consumer spending, a rising stock market, and healthy balance sheets for households and businesses alike.But one by one, those pillars have begun to crack under the weight of tariffs and uncertainty. The all-out global trade war that President Trump declared on Wednesday could be enough to shatter what had arguably been the economy’s final source of support, the strong job market.“The strength of the consumer…

Capital One cleared a significant obstacle to its proposed acquisition of Discover Financial Services after the Justice Department told regulators that it doesn’t see sufficient competition concerns to block the deal, according to two people with knowledge of the matter.The deal, a $35 billion merger of some of the nation’s largest credit card companies announced in February 2024, was initially met by concerns that it could harm consumers. During the Biden administration, the Justice Department had told regulators that it was concerned, in part, about the impact the deal would have on potential credit card users who have no credit.But…

In the early stages of building a business, experimentation is everything. It’s a fast-paced cycle of testing ideas, learning from mistakes, and making rapid adjustments. While this trial-and-error process is essential for growth, it can be intimidating—especially when a Global Entrepreneurship Monitor survey shows that 49 percent of people said they wouldn’t start a business for fear of failure. How do you know when you’ve hit the sweet spot: that moment your product resonates with customers and sets you on a path to success? Understanding the importance of failing fast is crucial in entrepreneurial marketing and launching new technology ventures,…

the naming of Nintendo’s Switch successor might seem like pretty straightforward choice, but developers say they spent years during the development process, brainstorming names and scrapping them. Eventually producer Kouichi Kawamoto, director Takuhiro Dohta, and technical director Tetsuya Sasaki landed on what was, for them, an unconventional route: the Switch 2.They first discussed calling it the Super Nintendo Switch, Kawamoto tells media during a private event held in New York City, paying homage to the jump from the original Nintendo to the Super Nintendo console—but there was an important distinction. The NES and SNES do not share compatibility between their…

President Trump’s announcement of sweeping tariffs on America’s trading partners has widened the rift between the United States and some of its closest allies while reconfiguring the global economic order.Mr. Trump’s plan, which he unveiled on Wednesday and is calling “reciprocal,” would impose a wave of tariffs on dozens of countries. Among America’s most important trading partners affected were the European Union, which will face 20 percent tariffs under the plan, and China, which will absorb an additional 34 percent on top of existing levies.The new tariffs represent “a major blow to the world economy,” Ursula von der Leyen, the…

Markets around the world shuddered on Thursday after President Trump announced across-the-board 10 percent tariffs on all U.S. trading partners except Canada and Mexico, as well as even higher tariffs on dozens of America’s other main trading partners.Futures on the S&P 500, which allow investors to trade the index outside normal trading hours, slumped over 3 percent. Asian markets fell sharply, with benchmark indexes dropping more than 3 percent in Japan, and nearly 2 percent in Hong Kong and South Korea.The slide came after Mr. Trump, speaking at a ceremony at the White House on Wednesday, announced a new 10…

Tim Stokely, founder of the adult content platform OnlyFans, has submitted an eleventh-hour proposal to buy TikTok’s US operations from its Chinese owner ByteDance.The “intent to bid” was made by Zoop—a social media startup Stokely cofounded with RJ Phillips, who serves as CEO and has a background in influencer marketing strategy—and cryptocurrency company The Hbar Foundation. For Zoop, the bid “represents a David vs. Goliath moment against traditional social media giants by endorsing a creator-first revolution,” according to a statement the company shared with WIRED. They said they want to put power back in the hands of creators through better…