May 17, 2022

Paypal is Allegedly in Talks to Buy Pinterest for $45 Billion; Alec Baldwin Accidentally ‘Discharged’ a Prop Gun, Killing the Cinematographer and Injuring the Director; Halle Berry Reportedly Told The Director of X-Men 2, to “Kiss My Black Ass”; Adele Reveals Her ‘Proudest Possession’ is a Piece of Gum Chewed by Céline Dion; Strawberry Pop-Tarts Lawsuit Alleges That the Pastry Does Not Contain Enough Strawberry

Paypal is Allegedly in Talks to Buy Pinterest for $45 Billion

PayPal is reportedly in talks to acquire Pinterest for between $40 billion and $45 billion in cash and equity. According to sources, the timing of any deal remains uncertain.

Paypal’s recent announcement of interest in acquiring Pinterest sparked confusion and surprise. It was a natural first reaction, given that PayPal is a payments network that also owns Venmo and dabbles in cryptocurrency. On the other hand, Pinterest allows you to create a digital vision board for your ideal dinner.

Now that the news has settled, some on Wall Street are beginning to appreciate the deal’s merits.

“We see technology companies increasingly competing to service consumers across entertainment, information, and commerce functions. The deeper a company can penetrate a consumer’s daily activity (think Amazon providing TV programming, advertising messages, home hub interactivity, and product delivery), the more long-term economic value that company can potentially provide from its relationship,” explained Guggenheim Securities analyst Michael Morris.

“To the extent companies with unique functional strength and financial power see opportunity to add a consumer touchpoint to their portfolio, we believe the current low capital cost environment and concern about inflation may drive more aggressive consolidation exploration than we have previously seen.”

Morris rates Pinterest’s stock as a Buy.

Pinterest’s stock soared more than 13% following the news. In comparison, PayPal’s stock dipped 5% over concerns the deal would dilute existing owners. PayPal’s shares sank another 5% on Thursday, while Pinterest’s stock slid 3%.

Not everyone on Wall Street is sold on the prospect of PayPal entering the developing world of social commerce.

Pinterest’s user growth is slowing after a year of rapid growth due to individuals staying at home during the epidemic, according to a report from Mizuho Securities analyst Dan Dolev. Meanwhile, the deal may indicate that PayPal is concerned about its own sluggish growth.

As CFRA analyst Angelo Zino explained, “While Pinterest is contending with a deceleration in subscriber growth as it laps pandemic figures, we see strong secular tailwinds as greater ad dollars shift towards Pinterest social network. On PayPal’s side, we think the firm could be looking at a proposed deal in a push to further integrate e-commerce and social media together to provide additional avenues of transaction growth.”

Alec Baldwin Accidentally ‘Discharged’ a Prop Gun on the Set of Film, Killing the Cinematographer and Injuring the Director

The cast and crew of ‘Rust,’ an upcoming western film, were left devastated and stunned on Thursday following a horrific occurrence on production. Halyna Hutchins, the film’s cinematographer, was killed, and director Joel Souza was injured when Alec Baldwin, the film’s actor and producer, misfired a prop gun at the Bonanza Creek Ranch in New Mexico.

Authorities responded to the incident at approximately 1:50 p.m. local time after receiving 911 calls reporting “one individual had been shot on set,” according to a news release obtained by PEOPLE.

Hutchins, 42, and Souza, 48, were “shot when a prop firearm was discharged” by Baldwin, according to the sheriff’s department.

Earlier in the day, Baldwin shared a photo of himself on set in film clothes. “Back to in person at the office,” he captioned the since-deleted Instagram snap. “Blimey…it’s exhausting.”

According to the film’s production company, Rust Movie Productions LLC, the film set was subsequently shut down, and production was suspended indefinitely. No charges have been brought thus far. The incident is still under investigation.

“The entire cast and crew have been absolutely devastated by today’s tragedy, and we send our deepest condolences to Halyna’s family and loved ones,” Rust Movie Productions LLC said in a statement. “We have halted production on the film for an undetermined period of time and are fully cooperating with the Santa Fe Police Department’s investigation. We will be providing counseling services to everyone connected to the film as we work to process this awful event.”

According to the sheriff’s department, Hutchins was taken to the University of New Mexico Hospital, where she died from her injuries.

Earlier on Thursday, a Baldwin spokesman told PEOPLE that “there was an accident today on the New Mexico set of Rust involving the misfire of a prop gun with blanks.”

Following Hutchins’ passing, filmmakers, actresses, and members of the film business paid respect to the late cameraman.

“She was an absolutely incredible talent and a great person. She had such an eye and a visual style; she was the kind of cinematographer that you wanted to see succeed because you wanted to see what she could pull off next,” wrote actor Joe Manganiello on Instagram.

Halle Berry Reportedly Told Bryan Singer, The Director of X-Men 2, to “Kiss My Black Ass”

Halle Berry stood up to now-disgraced director Bryan Singer while filming X2: X-Men United. Co-star Alan Cumming, who played Nightcrawler, detailed an incident in which Singer was berating the film’s cast in his new book, Baggage: Tales from a Fully Packed Life. On the other hand, Berry did not take it lightly, telling him that he was welcome to “kiss my Black ass.”

Singer reportedly suffered from “mood swings, paranoia, and tantrums” and would occasionally vanish from the set for hours at a time, leaving the crew, actors, and stunt team to fend for themselves. The altercation occurred when the actors staged an intervention out of concern for their personal safety and health during the production.

Cumming, Berry, and co-stars Patrick Stewart, Hugh Jackman, James Marsden, and Famke Janssen confronted Singer separately from the rest of the production team prior to the altercation. Berry “spoke movingly of people she had known with drug issues,” Cumming’s book notes, but he was livid that he was being singled out.

“You people … are full of fucking shit!” Singer reportedly said to everyone before doubling down. Cumming added that Singer went on to say that “none of us had ever made a decent film” and that they “were lucky to be working with him.”

“I’ve heard enough,” Berry replied. “You can kiss my Black ass.”

Eventually, filming was paused, and despite the presence of legal counsel, the cast stated that they were told to persevere and complete the film.

Singer has stated to The Hollywood Reporter that “nothing like that ever happened,” however Berry has previously discussed her experiences on the set of X-Men.

“I would sometimes be very angry with him,” she said to Variety. “I got into a few fights with him, said a few cuss words out of sheer frustration. When I work, I’m serious about that. And when that gets compromised, I get a little nutty. But at the same time, I have a lot of compassion for people who are struggling with whatever they’re struggling with, and Bryan struggles.”

“Sometimes, because of whatever he’s struggling with, he just didn’t always feel present,” she continued. “He didn’t feel there. And we’re outside in our little X-Men stage, freezing our ass off in Banff, Canada, with subzero weather, and he’s not focusing. And we’re freezing. You might get a little mad.”

Adele Reveals That Her ‘Proudest Possession’ is a Framed Piece of Gum Chewed by Céline Dion

Adele shared in a new video that she proudly displays Céline Dion’s chewed gum in her home. The singer was recently interviewed for Vogue’s “73 Questions” series – though she actually answered 95, the sum of her four numeral album titles, “19,” “21,” “25,” and the upcoming “30.”

When asked about her “proudest possession,” she replied, “It’s actually inside. Let’s go in.”

Adele revealed a framed scrap of paper with the words “Céline Dion’s Gum” written on it and a beige wad in the center after leading the interviewer to her dining room table.

“James Corden, who’s a friend of mine but also does ‘Carpool Karaoke,’ which I did — he did it with [Dion] and knew how much a fan of her I was, and so he made her spit her gum into a piece of paper, and he framed it for me,” she explained, describing the gift as “pretty amazing.”

Adele appeared on “The Late Late Show” for a “Carpool Karaoke” segment in 2016, shortly after releasing her third album, “25.” Dion sang her own classics with Corden in the car in 2019, including “It’s All Coming Back to Me Now” and “Lying Down.”

The pop divas crossed paths backstage at one of Dion’s 2018 performances.

“I had a pretty rough time during the last couple of weeks…a lot of people have been hit with cold and flu bugs… but I’m doing much better now,” Dion wrote on Instagram. “Wasn’t able to do all my shows, but was thrilled that Adele came to one of them…. I love her so much!!”

Adele even donned a sweater featuring Dion’s face for the event, which she documented via an Instagram post.

“Queen Celine! What a show, an absolute highlight of my life; thank you so much for the attention to your crowd and insane humor,” she added a caption to the image.

Strawberry Pop-Tarts Lawsuit Alleges That the Pastry Does Not Contain Enough Strawberry

A recent class-action complaint alleges that Frosted Strawberry Pop-Tarts contain almost little strawberry at all. While a Pop-Tart can be rather delightful, the toaster pastries are not particularly filling.

Plaintiff Anita Harris alleges in the lawsuit filed in the United States District Court for the Southern District of Illinois that Kellogg’s claims about its Frosted Strawberry Pop-Tarts are deceptive because “they give consumers the impression the fruit filling contains a greater relative and absolute amount of strawberries than it does.”

The filing continues by stating that despite strawberries being the product’s “characterizing ingredient,” dried strawberries are not even mentioned on the actual ingredients list until the “contains 2-percent or less” section, where they coexist with other ingredients such as wheat starch, salt, dried pears, and dried apples.

According to the lawsuit, “Based on a quantitative estimate and analysis of the filling, it appears to or may even contain more non-strawberry fruit than strawberry ingredients.”

It continues, “To give consumers the false impression that the Product contains a greater absolute and relative amount of strawberries than it does, it contains red 40, a synthetic food coloring made from petroleum. Red 40 makes the strawberry-pear-apple combination look bright red like it is only strawberries or has more strawberries than it does.”

The lawsuit also cites two other brands: Great Value from Walmart and Clover Valley from Dollar Tree, both of which are labeled “Naturally & Artificially Flavored.” The lawsuit asserts that by excluding similar statements from the packaging of Pop-Tarts, Kellogg gains a competitive advantage.

In conclusion, the suit asserts that Kellogg “sold more of the Product and at higher prices than it would have in the absence of this misconduct, resulting in additional profits at the expense of consumers.”

As a result, the plaintiff is requesting that the case be certified as a class action and that Kellogg be compelled to alter the packaging and marketing of these Pop-Tarts in addition to paying monetary damages.

Due to the pending nature of the litigation, Kellogg declined to comment.