Tag: Media & Big Tech

Subpoenas Going to Return ‘Treasure Trove’ of Documents From Biden Administration: Louisiana AG

The subpoenas and discovery requests sent out as part of a lawsuit against the federal government are going to bring back reams of information, Louisiana Attorney General Jeff Landry says. Landry and Missouri Attorney General Eric Schmitt, both Republicans, sued the Biden administration in May, arguing the government colluded with Big Tech companies to violate…


Twitter Suspends CCP Propagandist Who Advocates Shooting Down Pelosi’s Plane

Twitter temporarily suspended the account of a CCP propagandist after he suggested military retaliation should U.S. fighter jets escort House Speaker Nancy Pelosi on any visit to Taiwan. Hu Xijin, the former chief editor of the CCP’s state-run tabloid Global Times, wrote on China’s Twitter-like Weibo on July 30: “For warning the U.S. military not…


Twitter Stops Censoring Epoch Times Content After Outcry

Twitter has halted its censorship of content from The Epoch Times following a flood of public criticism. Links posted on the social media platform were working properly on July 30. It’s unclear when the change was made by the technology company. Earlier in the week, Twitter users who attempted to click on an Epoch Times…


Indonesia Blocks Yahoo, Paypal, Gaming Websites Over Licence Breaches

JAKARTA—Indonesia has blocked search engine website Yahoo, payments firm Paypal, and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash in social media. Registration is required under rules released in late November 2020 and will give authorities broad powers to compel platforms to disclose data…


Ohio Leads Class-Action Lawsuit Against Facebook

A federal judge has named Ohio the lead plaintiff in a class-action lawsuit that seeks to represent all Facebook investors who lost money  in the wake of revelations about the company. Filed in U.S. District Court for the Northern District of California, the suit accuses Facebook of violating federal securities laws by publicly misrepresenting its…


Elon Musk Countersues Twitter, Files Response in Lawsuit

Tesla CEO Elon Musk has filed a counterclaim against Twitter after the social media company sued the billionaire for walking away from a $44 billion purchase deal. Musk’s counterclaims are an abrupt escalation in the legal battle between a big tech company and the richest man in the world, where Twitter is suing Musk to…


Nasdaq, S&P 500 Open Higher on Positive Forecasts From Apple, Amazon

The Nasdaq and the S&P 500 opened higher on Friday as positive forecasts from Apple and Amazon indicated resilience in mega-cap companies to survive an economic downturn, with hopes of a less aggressive monetary policy boosting sentiment. The S&P 500 opened higher by 14.90 points, or 0.37 percent, at 4,087.33, while the Nasdaq Composite gained…


Texas Lawmaker Wants to Ban Minors From Social Media

State Rep. Jared Patterson (R-Texas) plans to introduce legislation in 2023 that will ban minors from using social media. Patterson told The Epoch Times that the bill aims to protect children’s mental health. The idea for the new bill came after talking to school officials in the aftermath of the Uvalde, Texas, school shooting. School…


Apple Forecasts Faster Sales Growth, Strong iPhone Demand Despite Glum Economy

Apple Inc. on Thursday said parts shortages are easing and that demand for iPhones is unceasing despite consumers tightening other spending, helping it top Wall Street expectations and forecast faster sales growth ahead. The Silicon Valley giant’s shares rose 3.5 percent after hours following the release of the results. Though macroeconomic indicators around the world…


Shares Take Breather After Fed Rally, Dollar Slips on Yen

LONDON—World shares consolidated a 6-week high on Thursday as investors scented a possible slowdown in the pace of U.S. rate hikes that had comforted bond markets and sent the dollar to a three-week low on the yen. Europe made an upbeat start as record-busting $11.5 billion profits from oil giant Shell sent commodities shares soaring,…