Tag: Companies

US Appeals Court to Reconsider Decision on Elon Musk’s Tweet About Unions

A federal appeals court on Friday said it will reconsider its recent decision that Tesla Chief Executive Elon Musk violated federal labor law by posting on Twitter that employees would lose stock options if they joined a union. The 5th U.S. Circuit Court of Appeals in New Orleans granted Tesla’s request to revisit the case…


TSMC Delays Arizona Factory Opening Due to Insufficient Skilled Local Talent

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest chipmaker, will delay production at its new Arizona chip plant to 2025 due to a shortage of skilled labor. The year-long delay comes as trade relations between Washington and Beijing, have deteriorated over the past several years. TSMC Chairman Mark Liu broke the news to investors on a…


[PREMIERING 7:30PM ET] [EXCLUSIVE] Matt Taibbi: How Hidden Actors Distort Reality, Manipulate the Public, and Enforce Consensus

“This is the new technology of speech in America: You can dial people all the way up to ‘everybody sees it,’ and you can dial someone else down to ‘it’s almost impossible to see them.’ And that is extremely dangerous, and it’s especially dangerous if it’s done in secret and nobody knows exactly how it…


FTX Sues Bankman-Fried, Others to Recoup More Than $1 Billion

FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion they allegedly misappropriated before FTX went bankrupt. The complaint filed in Delaware bankruptcy court also names as defendants Caroline Ellison, who led Mr. Bankman-Fried’s Alameda Research hedge fund; former FTX technology chief…


Amazon Announces Bold Plan to Launch Thousands of Satellites, Rivaling SpaceX

Amazon announced on Friday a plan to launch thousands of satellites from the Space Coast to compete with Elon Musk’s SpaceX Starlink service. Amazon is setting up a $120 million facility for Project Kuiper, its future low Earth orbit broadband satellite network, at Kennedy Space Center’s former Shuttle Landing Facility in Florida. The 100,000-square-foot facility…


‘Serious Doubt’ Raised About COVID-19 Vaccine Safety After Forced Release of 15,000 Pages of Clinical Trial Data

Conservative public interest advocacy group Defending the Republic (DTR) has obtained almost 15,000 pages of Moderna’s COVID-19 vaccine clinical trial data, claiming the data show an “utter lack of thoroughness” of the trials and calls the vaccine’s safety into “serious doubt.” As a result of successful Freedom of Information Act (FOIA) litigation against the U.S….


‘Sound of Freedom’ Breaks Expectations, Hits $100 Million at Box Office

Despite a bevy of negative articles from mainstream media outlets like Rolling Stone and Bloomberg News, the anti-child-trafficking movie “Sound of Freedom” has generated $100 million at the box office since it made its debut several weeks ago. The low-budget film featuring actor Jim Caviezel is based on the life of Tim Ballard, the founder…


Anheuser-Busch Under Fire From DeSantis For Potential Losses to Pension Fund

Florida’s Republican Governor Ron DeSantis has asked officials to review Bud Light owner Anheuser-Busch, alleging that the company’s controversial actions, which led to a nationwide boycott, have resulted in potential losses to the state pension fund. In a July 20 letter (pdf), written to the head of Florida’s State Board of Administration (SBA), Mr. DeSantis…


[PREMIERING 7/22, 7:30PM ET] [EXCLUSIVE] Matt Taibbi: How Hidden Actors Distort Reality, Manipulate the Public, and Enforce Consensus

“This is the new technology of speech in America: You can dial people all the way up to ‘everybody sees it,’ and you can dial someone else down to ‘it’s almost impossible to see them.’ And that is extremely dangerous, and it’s especially dangerous if it’s done in secret and nobody knows exactly how it…


ANALYSIS: Is the De-banking Problem Solvable?

Coutts Bank’s 40-page dossier on Nigel Farage has shone a light on the nagging suspicion that banks may have been dropping customers over political views they have deemed unfavourable. The high-profile de-banking of the broadcaster and former UKIP and Brexit Party leader has led to an apology from the bank’s boss, and the Treasury has announced…