An employee was behind the posting of articles calling for the assassination of a member of Congress and claiming that the governor of Texas wanted illegal immigrants slaughtered, the New York Post said on Oct. 27. “The New York Post’s investigation indicates that the unauthorized conduct was committed by an employee, and we are taking…
New York Post Employee Behind Article Calling for Ocasio-Cortez Assassination
Facebook Parent Meta Stock Plunges 24 Percent, Making Zuckerberg ‘Poorer’ by More Than $10 Billion
Facebook parent Meta saw its stock price plunge more than 20 percent intraday on Oct. 27, amid broader carnage in U.S. tech stocks as investors pulled back amid the impact of soaring inflation on ad spending. Shares of Meta were down as much as 24 percent on Thursday, trading at around $100, a low not…
Elon Musk Says Twitter Won’t ‘Become a Free-for-All Hellscape’
Elon Musk wrote in a note to advertisers on Thursday that Twitter cannot be a “free-for-all hellscape” ahead of a Friday deadline to complete the purchase of the social media firm. “Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences,” Musk wrote on Twitter in a message, titled, “Dear…
Meta Fined $24.7 Million for Violating Washington State’s Campaign Finance Transparency Law
Tech giant Meta Platforms Inc. has been fined $24.6 million for violating Washington state’s campaign finance transparency laws in a victory for state Attorney General Bob Ferguson, who had asked that the judge impose the maximum penalty. Judge Douglass North of King County Superior Court ruled on Wednesday that Meta, the parent company of Facebook, intentionally violated Washington law…
Apple Is Cutting Back Production of iPhone 14 Plus Due to Weak Demand: TrendForce
Apple Inc. is cutting back production of iPhone 14 Plus and is increasing the output of the more expensive iPhone 14 Pro due to lukewarm demand for the mid-range model, market research firm TrendForce said Tuesday. The share of more expensive iPhone 14 Pro series has increased to 60 percent of the total output from…
Turkish Competition Board Fines Meta Platforms $18.6 Million
ISTANBUL—Turkey’s competition authority has fined Facebook parent Meta Platforms Inc. 346.72 million lira ($18.63 million) for breaking competition law, it said on Wednesday. The Turkish regulator said the company held a dominant position in personal social networking services and online video advertising and had obstructed competitors by merging data collected through its core services Facebook,…
Elon Musk Visits Twitter HQ With a Bathroom Sink as $44 Billion Deal Nears End
Tesla CEO Elon Musk on Wednesday posted a video of himself entering Twitter’s San Francisco headquarters with a bathroom sink amid reports he’s looking to complete the $44 billion acquisition of the social media firm by the end of this week. “Entering Twitter HQ — let that sink in!” he wrote. Musk also changed his…
Google Reaches Agreement With DOJ Over Compliance With Subpoenas, Search Warrants
Tech giant Google has reached a stipulated agreement with the Department of Justice (DOJ) promising to reform and upgrade its legal process compliance program after it allegedly lost federal data that was being sought by investigators in 2016. In a press release, the DOJ said that under the “first-of-its-kind resolution,” Alphabet Inc.’s Google will improve its legal process compliance program,…
Trump Was Right on TikTok, says Top Democrat Senator
October 26, 2022
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One of the Democratic Party’s leading figures, Sen. Mark Warner (D-Va.), who is head of the United States Senate intelligence committee, has said former President Donald Trump was right when it came to the security risks around the Chinese-owned TikTok. “This is not something you would normally hear me say, but Donald Trump was right on TikTok…
Cloud to PCs, Microsoft Forecasts Spook Investors as Economy Bites
Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across its business units, stoking fear that macroeconomic headwinds are impacting the cloud business in addition to the PC unit. Revenue growth in the first quarter was Microsoft’s lowest in five years, and shares of the software giant fell 7% in extended trading. Microsoft’s…
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