Two Democrat lawmakers are probing if “mutual backscratching arrangements” between Silicon Valley Bank (SVB) and some of its biggest customers helped fuel its collapse early last month. Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) have requested responses from some of the largest depositors at the failed bank, to probe the nature of their relationship with the failed…
Lawmakers Probe If Collusion Between SVB and Its Biggest Customers Helped Fuel Collapse
April 10, 2023
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PREMIERING 4/11 at 7:30PM ET: ‘Science That Cannot Be Questioned Is Just Propaganda’: MEP Rob Roos on Getting Pfizer to Admit That Its COVID Vaccine Was Never Tested for Transmission
April 10, 2023
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American Thought Leadersanti-vaccine mandateBusiness & MarketsCCP VirusCompaniesCoronavirus In-Depthcoronavirus pandemiccover-upCOVID lockdownsCOVID vaccineDoes covid vaccine prevent transmissionDonald TrumpElon MuskEpochTVEuropeInternationalLive VideosMedia & Big TechNetherlandsPfizerPfizer vaccinePUBLIC HEALTH INFORMATIONtwitter filesUSVaccines & SafetyVideoWorld
“For Pfizer … total contracts of the European Union was 72 billion euros to buy vaccines. They bought 10 vaccines for every person in the European Union. So, it’s a huge amount of taxpayers’ money.” I sit down with Rob Roos, a Dutch member of the European Parliament. Roos made global headlines after he got…
Twitter Walks Back NPR ‘State-Affiliated’ Label, Changes It to ‘Government Funded’ Following Backlash
April 10, 2023
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Twitter walked back labeling National Public Radio’s (NPR) account as “state-affiliated media” after facing public pressure. The social media platform replaced the label for NPR’s account and with the term, “government-funded media.” NPR was given on April 4 the same label as foreign state media outlets like Russian state-controlled TASS, RT, and Xinhua, the Chinese…
World’s Top Chipmaker Posts Drop in Revenue, Its First Decline in Four Years
April 10, 2023
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Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s top chipmaker, posted a double-digit drop in revenue last month, its first decline in four years. The chip-making giant’s filing on April 10 showed that revenue for March fell 15 percent from the same month a year earlier, after economic headwinds hit the semiconductor market, according to Dow Jones Newswires….
Twitter Labels BBC as ‘Government-Funded Media’
The BBC has raised objections to being referred to as “government-funded media,” facing a row with Elon Musk’s Twitter. On Monday, the BBC pushed back against Twitter’s decision to label its main BBC account with a “government-funded media” designation. A label now links through to a page on Twitter’s help centre which says “state-affiliated media”…
Apple Leads Global PC Shipment Plunge With 40 Percent Collapse
The worldwide shipment of traditional PCs, including those of Apple, saw a “precipitous drop” in the first quarter of this year due to poor demand and excess inventory, a new report reveals. The first quarter of 2023 saw the shipment of traditional PCs drop by 29 percent, to 56.9 million units, compared to the same…
Apple Leads Global PC Shipment Plunge With 40 Percent Tumble
The worldwide shipment of traditional PCs, including those of Apple, saw a “precipitous drop” in the first quarter of this year because of poor demand and excess inventory, a new report reveals. In the first quarter of 2023, the shipment of traditional PCs dropped by 29 percent, to 56.9 million units, compared with the same…
Bank Deposits Edge Up After Record Withdrawals, Fed Data Show
Deposits at U.S. commercial banks rose near the end of March for the first time in about a month after two of the largest U.S. banks failed, according to Federal Reserve data released on Friday. The data showed deposits at all commercial banks rose to $17.35 trillion in the week ended March 29, on a…
Wall Street Drops as Job Gains Fuel Rate-Hike Worries
U.S. stock indexes fell on Monday on growing concerns that the Federal Reserve will continue to raise interest rates after Friday’s jobs data pointed to a resilient labor market. The tech-heavy Nasdaq led losses among the major indexes after the long weekend, with growth stocks including Apple Inc., Amazon.com Inc., and Microsoft Corp. slipping between…
FTX Failure Rooted in ‘Hubris,’ ‘Greed,’ Debtors Report Says
Failed crypto exchange FTX Trading Ltd. lacked a control framework, and collapsed due to “hubris, incompetence, and greed,” according to a new review of FTX, which mentioned that the previous management “stifled dissent” and “joked internally about their tendency to lose track of millions of dollars in assets.” The review was published as an interim…
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