Twitter CEO Linda Yaccarino on Tuesday wrote in a tweet a defense of the temporary cap announced on July 1 on the number of tweets users can read in a day, and the company said advertizing has been stable in the days since the step that drew heavy criticism from users and marketing professionals. Ms….
Judge Delivers Major Blow to Biden Admin in Social Media Censorship Case
July 4, 2023
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Big Tech, Censorship, and SocialismBusiness & MarketscensorshipCompaniesconstitutional rightsExecutive BranchFeatured TopicsJudiciaryMedia & Big TechPoliticsUSUS News
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A federal judge has made a historic ruling by partially granting an injunction that blocks various Biden administration officials and government agencies like the Justice Department and the FBI from working with big tech firms to censor posts on social media. The injunction came in response to a censorship-by-proxy lawsuit brought by attorneys general in…
Twitter Says Users Must Be Verified to Access TweetDeck
Twitter users will soon need to be verified in order to use TweetDeck, the social media company said in a tweet on Monday. The change will take effect in 30 days, the company said. Twitter made the announcement in a tweet detailing an improved version of TweetDeck with new features. It was unclear if Twitter…
Australian Firm Sues Twitter for $665,000 for Not Paying Bills
SYDNEY—An Australian project management firm has filed a lawsuit against Twitter Inc. in a U.S. court seeking cumulative payments of about A$1 million ($665,000) over alleged non-payment of bills for work done in four countries, court filings showed. Sydney-based private company Facilitate Corp. on June 29 filed the suit in the United States District Court…
Fox News Settles Lawsuit With Former Tucker Carlson Producer for $12 Million
July 1, 2023
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Abby GrossbergBusiness & MarketsCompaniesFox NewsJudiciaryMedia & Big TechPoliticsTucker CarlsonUSUS News
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Fox Corporation has agreed to pay $12 million to settle a lawsuit by former Fox News producer Abby Grossberg, who leveled allegations against the network for promoting a hostile working environment. Grossberg, who was the head of booking for Tucker Carlson for several months, filed a lawsuit in March claiming she was subjected to vulgar…
Musk Says Twitter Limiting How Many Tweets Users Can Read
Twitter CEO Elon Musk said Saturday that the social media platform will limit how many tweets users can read due to “extreme” levels of system manipulation and data scraping. Musk said in a statement that Twitter has applied the following temporary limits on users, with new unverified accounts limited to reading just 300 posts per…
Apple’s Market Value Ends Above $3 Trillion for First Time
Apple Inc’s stock market value ended a trading session above $3 trillion for the first time on Friday, lifted by signs of improving inflation and bets that the iPhone maker will successfully expand into new markets. Shares of the world’s most valuable company jumped 2.3 percent to $193.97, giving it a market capitalization of $3.05…
YouTube Is Planning to Stop Viewers for Continuing to Use Ad Blockers
June 30, 2023
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adblockersBusiness & MarketsCompaniesGan Jing WorldMedia & Big TechSocial MediaTechTech NewsTech Products & ReviewsYouTube
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The online media platform, YouTube, is mulling whether to prevent users from using ad blockers while watching videos on its platform. The potential policy came to light on June 25 when online commenters on Reddit posted screenshots of a popup notice, warning viewers that they would be blocked after three videos if they refused to allow ads….
Fox News Host Says He’s ‘Quit’ Working at the Network
Longtime television personality Geraldo Rivera said that he was “fired” by Fox News’ “The Five” and has now “quit” the network, coming in the midst of lineup changes at the network. “Bumpy day on the North Atlantic. Anyway, I got fired from [TheFive] so I quit Fox,” Rivera, 79, wrote on Twitter. “After 23 years tomorrow…
Wall Street Opens Higher as Apple Hits Record High, Inflation Cools
June 30, 2023
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Business & MarketsCompanieseconomic policieseconomyinflationMarketsMedia & Big TechrecessionstocksUS
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U.S. stocks opened higher on Friday, setting up Wall Street for a strong quarterly performance, as Apple shares hit record high and signs of easing inflation offered relief to investors worried about more interest rate hikes. The Dow Jones Industrial Average rose 147.50 points, or 0.43 percent, at the open to 34,269.92. The S&P 500…
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