Jack Sweeney, the enterprising teenager who created a Twitter Inc bot to track down Tesla Inc and SpaceX CEO Elon Musk’s movements, has a backup plan “just in case” his account on the microblogging account is shut down after the billionaire entrepreneur’s $44 billion takeover. What Happened The 19-year-old Florida University student told his over 424,800…
Teen Tracking Elon Musk’s Jet Shares Backup Plan ‘Just In Case’ His Twitter Account ‘Disappears’
GM to Spend $2 Billion on Self-Driving Startup Cruise This Year, Just a Permit Away From Charging Customers
General Motors Co. CFO Paul Jacobson said on Tuesday the company will spend about $2 billion on its self-driving taxi fleet Cruise this year. What Happened The legacy automaker said it is just a permit away from being able to begin charging for rides. “Inclusive of the incremental stock compensation expenses, we expect full-year 2022 expenses at Cruise to…
Alphabet Misses on Revenue as YouTube Ad Business Slowed by Ukraine War
Google parent Alphabet Inc. on Tuesday reported its first quarterly revenue miss of the pandemic after the war in Ukraine hurt YouTube ad sales, leaving investors rattled as the global economy sputters. The world’s largest provider of search and video made a fortune over the last two years as the pandemic forced more shops and…
Deutsche Bank Extends Quarterly Profit Streak but Ukraine Clouds Outlook
FRANKFURT—Deutsche Bank posted a better-than-expected 17 percent rise in first-quarter profit on Wednesday as investment banking revenues climbed, but its share price fell as it warned that the Russia-Ukraine conflict could hurt annual earnings. This year is crucial for Germany’s largest lender and Chief Executive Christian Sewing as he tries to deliver on targets he…
Russia’s GDP Decline Could Hit 12.4 Percent This Year, Economy Ministry Document Shows
Russia expects the economy to contract by 8.8 percent in 2022 in its base case scenario, or by 12.4 percent under a more conservative scenario, an economy ministry document showed on Wednesday, further evidence that sanctions pressure is taking its toll. The conservative forecast is in line with that of former finance minister Alexei Kudrin, who…
FCC Commissioner Hopeful Musk Twitter Takeover Will Result in ‘More Free Speech’
April 28, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesElon MuskFeatured TopicsMedia & Big TechTwitterUSUS News
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A top Federal Communications Commission (FCC) official said that he is hopeful that “more free speech” will result from a successful Elon Musk take over of Twitter, a global social network with more than 400 million monthly users. FCC Commissioner Brendan Carr told NTD’s Paul Greaney in an April 25 interview that he hopes Musk…
Musk Twitter Takeover Will Result in ‘More Free Speech’: FCC Commissioner
April 28, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesElon MuskFeatured TopicsMedia & Big TechTwitterUSUS News
0 Comment
A top Federal Communications Commission (FCC) official said that “more free speech” will result from a successful Elon Musk take over of Twitter, a global social network with more than 400 million monthly users. FCC Commissioner Brendan Carr told NTD’s Paul Greaney in an April 25 interview that he hopes Musk will “follow through on…
Why Microsoft’s Results Are Reminder ‘Cloud Software Eating the World’ Mantra Has Further Legs
Software giant Microsoft Corporation reported late Tuesday forecast-beating results for its fiscal-year third quarter, and the stock reacted with a move to the upside. The Microsoft Analyst Piper Sandler analyst Brent Bracelin reiterated an Overweight rating and $352 price target for Microsoft shares. The Microsoft Thesis Microsoft’s Cloud segment climbed 32 percent year-over-year to $23 billion in the March…
High Demand Pushes Puma’s Q1 Results Above Expectations
FRANKFURT—German sportswear maker Puma reported stronger-than-expected first-quarter results on Wednesday as high demand from both retailers and consumers more than offset the impact of the war in Ukraine and supply chain bottlenecks. “We see that sports participation has grown again during COVID and also after COVID,” Chief Executive Bjorn Gulden told a news conference, adding…
Toyota Reports Record High Global Production for March, Despite Slump at Home
TOKYO—Toyota Motor Corp. on Wednesday posted record-high global production in March, as overseas production made up for a drop off at home, highlighting the impact of factory stoppages and weaker consumer demand in Japan. Japan’s largest automaker produced 866,775 vehicles worldwide in March it said, marking a 2.8 percent increase from the same month last…
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