Tag: Media & Big Tech

12 Groups Behind Protest of Musk’s Twitter Takeover Have Ties With Gates Foundation, Soros

Around a dozen liberal groups that pressured Twitter advertisers to boycott the platform in response to Elon Musk’s plans to acquire it received money from entities backed by Bill Gates and George Soros, an analysis of public filings shows. In early May, a group of 26 organizations penned a public letter claiming that the Tesla…


Apple to Hike Wages Amid Tight Labor Market, Inflationary Pressures

Apple has announced plans to raise salaries for U.S. workers by at least 10 percent in a tight labor market that’s pushing companies to boost wages to attract and retain workers who face growing cost-of-living pressures from high inflation. The tech giant said in a statement that it is expanding its compensation budget, hiking the…


Nvidia Shares Tumble Nearly 10 Percent Amid ‘Slowing’ Video Game Market

Shares of chip designer Nvidia tumbled more than 10 percent on Wednesday after the company said it expects sales of video game chips to decline in the current quarter. The American technology company beat analysts’ expectations for sales and earnings, reporting record revenue for the first quarter of $8.29 billion, up 46 percent from a year ago and up 8…


Twitter Investors Vote Against Reelecting Elon Musk Ally to Board

Twitter Inc. investors blocked the reelection of an ally of Elon Musk to the board at an annual meeting on Wednesday that avoided the biggest question for the social media company: will it complete a $44 billion sale to the billionaire. Investors voted against Egon Durban, the co-head of private equity firm Silver Lake, who…


Twitter to Pay $150 Million After Being Accused of Improperly Selling User Data

Twitter has agreed to pay $150 million after it was accused of having sold private information from users to target advertising, without having informed them. The Justice Department and the Federal Trade Commission (FTC) announced the settlement that, if approved by a federal court, requires Twitter to pay the amount in civil penalties, as well as…


Jack Dorsey Steps Down from Twitter Board

Twitter’s former CEO Jack Dorsey has reportedly stepped down effective immediately from his seat on the social media platform’s board after a stakeholder meeting on Wednesday. The move was expected after Twitter “shared back in November” that Dorsey would leave the board when his term expired at the 2022 meeting of stockholders, a Twitter spokesperson…


Twitter Shareholders Meet Amid Elon Musk’s Takeover Drama

Twitter’s regularly scheduled shareholder meeting Wednesday didn’t include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform. But the prospects of the buyout and the drama that’s surrounded it seemed to be on participants’ minds anyway. CEO Parag Agrawal said at the outset that executives won’t be answering any questions…


UK Government-Recommended Online Learning Tool Used During Lockdown Harvested Children’s Data

Data from thousands of children was harvested during the pandemic by a government-recommended online learning tool without parent’s knowledge, according to a joint investigation involving Human Rights Watch (HRW) and The Telegraph. The Telegraph reported that Edpuzzle, a Department for Education (DfE) recommended company that provides interactive video lessons aimed at children as young as…


If You Have These Models of IPhone, WhatsApp Is Dropping Support for You

Meta Platforms Inc. messaging application WhatsApp is set to drop support for Apple Inc. running iOS10 and iOS 11. What Happened WhatsApp is planning to drop support for devices running iOS10 and iOS11, which means iPhone 5 and iPhone 5C models, which cannot be updated beyond these versions will be left out in the cold. The revelation…


Bill Gates Reveals What Smartphone He Uses Daily—No, It’s Not an iPhone

Microsoft Corporation co-founder Bill Gates revealed his daily driver smartphone in an “Ask Me Anything” session on Reddit last week. It is not made by Apple Inc. What Happened Gates revealed that while he tries different smartphones, he’s currently using a Samsung Galaxy Z Fold3 5G. Gates said, “I have an Android Galaxy ZFold3. I…