Category: Companies

WeChat Derailing Democracy, Must Be Regulated in Democratic Nations: Expert

An expert has warned that countries around the world should regulate WeChat because it is actively seeking to undermine political systems and civil societies. WeChat, which is alternatively known as Weixin, is a Chinese instant messaging, social media, and mobile payment app developed by the Chinese company Tencent. Seth Kaplan, Ph.D., a professorial lecturer at Johns…


Illinois Based Meat Producer Recalls Over 2,000 Pounds Of Contaminated Ground Beef

An Illinois-based meat producer has recalled more than 2,000 pounds of ground beef patties after consumers said it was allegedly tainted with an unknown substance. Customers complained they found “rubber-like” material in the grass-fed beef products during preparation. The U.S. Department of Agriculture said that Weinstein Whole Meats of Forest Park, Illinois, announced the recall on April…


Microsoft Reports Boost in Profits, Revenue, as It Pushes AI

REDMOND, Wash.—Microsoft on Tuesday reported a 9 percent increase in profit for the January-March quarter, as growth in cloud computing sales helped bolster its plans to expand its use of artificial intelligence. The company reported quarterly profit of $18.3 billion, or $2.45 per share, beating Wall Street expectations for earnings of $2.24 a share. The…


UK Blocks Microsoft’s $69 Billion Activision Deal Over Cloud Gaming Concerns

LONDON—Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion dollar “Call of Duty” franchise to…


Google’s Persistent Ad Slump Weighs on Alphabet’s 1Q Results

SAN FRANCISCO—Google’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threaten to undercut its dominant search engine. An unprecedented downturn in Google’s digital ad revenue—the company’s main moneymaker for more than 20 years—came into sharper focus Tuesday with the release of the January-March…


VICE Cuts Staff, Cancels ‘VICE News Tonight’

The VICE Media Group (VMG) is cutting staff and ending its flagship news broadcast program “VICE News Tonight.” VMG co-CEOs Bruce Dixon and Hozefa Lokhandwala announced the layoffs in a memo obtained by Deadline on Thursday. In their memo, the two CEOs said they were pursuing staff cuts in “response to the current market conditions…


Tucker Carlson Video Nets 60 Million Impressions in Under 24 Hours

A video message posted on Twitter by former Fox News host Tucker Carlson after his departure has netted some 19 million views and 60 million impressions, highlighting Carlson’s influence and popularity. He posted the clip at 8 p.m. Eastern time on Wednesday, the same time as his former Fox News show, and did not address…


PREMIERING NOW: Big Tech Immunity Explained: Law Professor Adam Candeub on How to Rein In Section 230 Abuse

“Who is raising children? It’s not really parents, it’s not teachers, it’s not coaches or clergymen. It’s Twitter influencers. They’re the ones that have the ears and souls of our children.” I sit down with Adam Candeub, professor of law at Michigan State University and a senior fellow at the Center for Renewing America. Candeub…


Big Tech Immunity Explained: Law Professor Adam Candeub on How to Rein In Section 230 Abuse

“Who is raising children? It’s not really parents, it’s not teachers, it’s not coaches or clergymen. It’s Twitter influencers. They’re the ones that have the ears and souls of our children.” I sit down with Adam Candeub, professor of law at Michigan State University and a senior fellow at the Center for Renewing America. Candeub…


Amazon Begins Job Cuts in HR and Cloud Units as Part of Latest Layoff Round

Amazon on Wednesday started laying off employees in its cloud computing and human resources divisions. Amazon Web Services CEO Adam Selipsky and Beth Galetti, senior vice president of Amazon’s People Experience and Technology, sent separate notes to all impacted employees in the United States, Canada, and Costa Rica informing them of the job cuts. “It…