Tag: Media & Big Tech

Here’s What Apple Stock Needs to Do to Buck the Trend

Apple Inc. was trading slightly higher in the premarket on Friday in tandem with the S&P 500 E mini-futures, which were rising up over 1 percent. The tech giant has been trading in a heavy and consistent downtrend since March 30, plunging about 23 percent to reach a low of $136.60 on Thursday. A downtrend…


This US Ruling Could Force Google to Break Up Its Ad Business

A bipartisan group of senators led by Utah Republican Mike Lee introduced legislation targeting conflicts of interest in the advertising technology industry, the Wall Street Journal reports. The legislation could force Alphabet Inc. Google to break up its dominant online-ad business. The Competition and Transparency in Digital Advertising Act would prohibit companies processing over $20 billion in…


How the Tables Have Turned: Could Elon Musk Be ‘Forced’ to Buy Twitter?

The uncertainty around the Twitter Inc. deal has intensified ever since Elon Musk announced on the company’s namesake platform that the deal had been put on hold. A Wall Street Journal report, quoting lawyers, suggests it might be difficult for the Tesla Inc. CEO to backtrack at this juncture. What Happened Musk negotiated the agreement with…


New York Times Falsely Reports Thousands of Children Have Died From COVID-Linked Syndrome

The New York Times on May 19 falsely reported that thousands of children have died during the pandemic from multisystem inflammatory syndrome in children (MIS-C), a rare syndrome that develops in some youth following COVID-19. In a story reported by Apoorva Mandavilli, the paper said that “nearly 4,000 children aged 5 to 11 have died from” MIS-C….


Twitter Rolls Out New ‘Crisis Misinformation’ Policy

Twitter on Thursday said it is rolling out a new “crisis misinformation” policy that is intended to target false information during crises. “To determine whether claims are misleading, we require verification from multiple credible, publicly available sources, including evidence from conflict monitoring groups, humanitarian organizations, open-source investigators, journalists, and more,” Twitter said in a post…


Your iPhone Is Susceptible to Malware Attack Even When Switched Off

Apple Inc.’s iPhone is not immune to malware attacks when it is switched off, researchers at the Technical University of Darmstadt, Germany said in a research paper titled “Evil Never Sleeps.” A new type of malware developed by researchers at the university can infest the iPhone. Even with a user-initiated shutdown, the iPhone can be located through the…


Stand by Apple Stock Despite Supply-Chain Woes

Apple recently served up excellent fiscal results, but not every analyst is in the bull camp. However, a deep dive into the data ought to quell the skeptics’ concerns, even in the face of supply-chain issues. Investors should hold onto their Apple shares and possibly add more when the price dips. There’s no denying that…


Elon Musk Responds to Twitter Employee Mocking His Asperger’s Syndrome

Elon Musk responded to a Project Veritas video that purported to show a Twitter executive denigrating the billionaire’s attempted purchase of the social media platform, while another staff member admitted that that company employees are “commie as [expletive]” and don’t favor pro-free speech moderation rules. Alex Martinez, identified by Project Veritas as Twitter’s lead client…


‘ESG Is a Scam’: New GOP Voter Elon Musk

Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Tweets on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed. “Exxon is rated top ten best in world for environment, social & governance (ESG)…


Elon Musk Calls ESG ‘A Scam’ After S&P Index Drops Tesla

Elon Musk called the environmental, social, and governance (ESG) scoring “a scam” in a series of Tweets on May 18, citing S&P Global’s inclusion of ExxonMobil Corporation in its ESG Index while his own electric car company, Tesla Motors, was removed. “Exxon is rated top ten best in world for environment, social & governance (ESG)…