*By Michael Teich*
The World Cup will take over a large part of the Twitter universe this summer when the quadrennial international soccer championship begins June 14 in Russia, and the social network aims to reach fans far and wide with its live video platform.
About 80 percent of Twitter's 330 million monthly active users are outside the United States, said Motley Fool analyst Jason Moser. The World Cup represents an opportunity for Twitter to grow that reach.
Four years ago, the tournament in Brazil reached 3.2 billion viewers around the world, and fans around the world are expected to be at least as excited this year.
Consumers are ditching cable at a rapid clip and opting to stream video content from services such as Netflix and Hulu. Disney's ESPN has been slow to adapt and retain subscribers, social media companies including Twitter are capitalizing by loading up on live and on-demand sports content.
The social media company's investments to become a premier destination for video appear to be paying off: Twitter revealed in its latest quarterly report that video ads made up more than 50 percent of total ad revenue.
For the full interview, [click here](https://cheddar.com/videos/twitter-looking-forward-to-world-cup-boost-2).
Europeans upset with Elon Musk still aren’t buying his electric cars, adding to a long losing streak for his company.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
Nvidia reported a 56% increase in second-quarter revenue and a 59% rise in net income compared to a year ago.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Netflix CEO Ted Sarandos claims audiences don't want to watch Netflix movies in theaters, but that seems not to be the case recently.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
