In other news, a report from Wired discusses potential threats to digital services like the free ebook app Libby due to proposed cuts by Trump to a federal agency that funds libraries and museums. This has raised concerns about access to digital resources, with discussions emerging in outlets such as Fox News and NPR. Additionally, CNBC reported a dramatic surge in Newsmax's stock, which jumped 179% on April 1, elevating its market cap to approximately $20.8 billion, surpassing major companies like WBD and Fox Corp. This remarkable growth has been widely covered by media outlets including the New York Times and Bloomberg.
Key takeaways:
- CNBC has entered into distribution deals with Apple and Roku for its subscription service CNBC+ priced at $14.99 per month.
- The Trump administration is reducing funding for a federal agency that supports libraries and museums, potentially affecting digital services like the Libby ebook app.
- Newsmax shares surged 179% on April 1, with a market cap reaching approximately $20.8 billion, surpassing Warner Bros. Discovery and Fox Corp.
- The snapshot includes discussions and coverage from various media outlets and social platforms, highlighting the widespread interest in these developments.