Tag: Media & Big Tech

Wikipedia Deletes Page of Top US Senate Candidate

Wikipedia editors deleted a page for Republican U.S. Senate candidate Kathy Barnette after arguing she is not a notable person. Barnette’s page was later restored, but could be deleted at any time, editors said. Discussion was triggered in April 2021, when an editor said that the references on the page “do not establish notability beyond…


Why Hindenburg Research Is Shorting Twitter: ‘Musk Holds All the Cards’

Twitter Inc shares traded lower by 4 percent on Monday, well off the $54.20 per-share buyout price Tesla Inc CEO Elon Musk has agreed to pay to take Twitter private. In a new report, short-seller Hindenburg Research said there’s plenty of reason for investors to be skeptical of the Musk buyout. Changing Circumstances Hindenburg said there…


Quanta Factory Workers in Shanghai Skirmish With Local Authorities Over Pandemic Lockdown Rules

Over a hundred workers at a plant that produces electronic equipment for Apple and Tesla in the Songjiang district of Shanghai defied CCP quarantine officials and factory guards on May 5, after suffering from weeks of severe pandemic-related lockdowns. Tensions finally reached a boiling point with workers at Quanta Shanghai Manufacturing City in Shanghai over…


Will Twitter Get More Crypto-Friendly With Musk’s Investments From Binance and A16z?

Tesla Inc. CEO Elon Musk has landed backers for his buyout of social media platform Twitter Inc. What Happened Agreements were reached with 19 total investors, including 18 new companies to help facilitate Musk’s $44 billion buyout of Twitter. Among the investors were two names that are well known in the cryptocurrency space: Binance and…


Elon Musk’s $400 Million Backing From A16z for Twitter Also Brings Facebook in the Picture

Andreessen Horowitz’s bid to join Tesla Inc. CEO Elon Musk in his takeover of Twitter Inc. could reportedly spur a conflict or two. What Happened The Silicon Valley venture capital firm’s involvement in the Musk-Twitter deal is under the scanner as co-founder and general partner Marc Andreessen has been on the board of Facebook parent Meta Platforms Inc. since 2008, reported Bloomberg….


Conservatives Should ‘Use Power’ in Fighting Woke Companies and Big Tech Censorship: Legal Expert

American conservatives should use institutional authority to punish companies, including Big Tech corporations, that go “too woke” and control “every major cultural institution in America,” said a legal expert during a panel discussion on Thursday. “There is literally one institution, broadly speaking, that liberal progressives do not monolithically, unilaterally control. It is the government,” said…


Large Corporations Attempt to ‘Usurp the Power of Government’ Contrary to Shareholders’ Interests: Expert

Disney’s active opposition to Florida’s Parental Rights in Education law resulted in the company’s stock pricing falling and a reduction in its market cap. The stock’s decline will mostly impact the retirement savings of the working class, said Stephen Soukup, author of the book “The Dictatorship of Woke Capital: How Political Correctness Captured Big Business.”…


Musk, Twitter Sued by Florida Pension Fund Seeking to Delay $44 Billion Takeover

A Florida pension fund has sued Tesla CEO Elon Musk and Twitter Inc. in a bid to halt the self-avowed “free speech absolutist” from finalizing his $44 billion takeover bid of the social media platform. In the proposed class-action lawsuit, brought by the Orlando Police Pension Fund and filed in Delaware Chancery Court, the plaintiffs…


Job Interest in Twitter Rises More Than 260 Percent After Elon Musk’s Takeover Deal

Since Twitter’s Board of Directors accepted Elon Musk’s offer to buy the social media platform, interest in employment opportunities at the tech firm has accelerated, new data shows. In the week of Apr. 24, interest in Twitter job openings on Glassdoor surged 263 percent, according to Daniel Zhao, a senior economist and data scientist at…


Elon Musk’s Mother Criticizes NYT Article on Son’s ‘White Privilege’ Growing Up in South Africa

Maye Musk, the mother of Elon Musk, criticized a recent New York Times article targeting her son after it claimed that Musk grew up detached from apartheid-era atrocities in South Africa. Published Thursday, the NY Times alleged that Musk had “white privilege,” grew up in South Africa’s white communities, and was sheltered from the segregation…