Russia’s Prosecutor General asked a court to formally designate Facebook and Instagram owner Meta as an extremist organization. “Consistent with the Federal Law on Countering Extremist Activities, the Russian Prosecutor General’s office has lodged a motion with a court for designating Meta Platforms Inc. as an extremist organization and banning its operations in the territory of…
Russia to Brand Facebook Parent Company an ‘Extremist Organization’
Russia’s Prosecutor General asked a court to formally designate Facebook and Instagram owner Meta as an extremist organization. “Consistent with the Federal Law on Countering Extremist Activities, the Russian Prosecutor General’s office has lodged a motion with a court for designating Meta Platforms Inc. as an extremist organization and banning its operations in the territory of…
Apple Upgrades Low-End iPhone SE With 5G, and High-End Mac Studio Computer With Faster Chip
NEW YORK—Apple Inc. on Tuesday added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a new desktop, a high point in Apple’s move to power its devices with microprocessors designed in house. The new Studio desktop starts at $3,999 with the new M1 Ultra chip. The iPad…
Wall Street Jumps at Open on Tech, Financials Strength
Wall Street’s main indexes opened sharply higher on Wednesday after four straight sessions of losses, as oil prices eased and investors snapped up stocks hammered by concerns over Western sanctions on Russia following its invasion of Ukraine. The Dow Jones Industrial Average rose 227.78 points, or 0.70 percent, at the open to 32,860.42. The S&P…
Here’s How Wedbush Views Apple Ahead of Its March 8 Event
Wedbush analyst Dan Ives rated Apple Inc. as Outperform with a $200 price target (22.6 percent upside). The iPhone maker is set to host a virtual product event tomorrow, where it will likely unveil a new iPhone SE with 5G capabilities and a new iPad Air and some Macs using its M-series of chips. The event will add…
Microsoft Talks About Its Fourth Data Center in India
Microsoft Corp. shared its fourth data center plan in India. It will establish the data center in Hyderabad, Telangana. Microsoft India head Anant Maheshwari said the company was making long-term investments in the country, Reuters reports. However, he declined to confirm reports of a $2 billion price tag for the latest center. “A public cloud data center…
Netflix Suspends Service in Russia as Amex, 2 Top Accounting Firms Cut Business Ties
March 7, 2022
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AmExBusiness & EconomyCompanieseconomic policieseconomyEuropeMarketsMedia & Big TechNetflixRussiaRussia-Ukraine WarWorld
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Netflix has suspended its service in Russia amid the Moscow-led invasion of Ukraine, a company spokesperson has confirmed. “Given the circumstances on the ground, we have decided to suspend our service in Russia,” Netflix spokesperson Emily Feingold said in a statement to The Verge. The American subscription streaming platform, which launched its service in Russia in October…
Competition With Trump’s Truth Social Is Healthy for Gettr, Says CEO Miller
March 6, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpFeatured TopicsGettrJason MillerMedia & Big TechSocial MediaTechTruth SocialUSUS News
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CEO of social media site Gettr, Jason Miller, said the launch of former President Donald Trump’s Truth Social actually increased Gettr’s user amount significantly, and is both a competitor and a platform to cooperate with. Miller was the chief spokesman for Trump’s 2016 presidential campaign and a senior adviser to his 2020 reelection campaign. On…
Gettr CEO Says Company Is Both Competing and Cooperating With Trump’s Truth Social
March 6, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpFeatured TopicsGettrJason MillerMedia & Big TechSocial MediaTechTruth SocialUSUS News
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CEO of social media site Gettr, Jason Miller, said the launch of former President Donald Trump’s Truth Social actually increased Gettr’s user amount significantly, and is both a competitor and a platform to cooperate with. Miller was the chief spokesman for Trump’s 2016 presidential campaign and a senior adviser to his 2020 reelection campaign. On…
Elon Musk: Starlink Won’t Block Russian News Sources
March 5, 2022
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Business & EconomyCompaniesElon MuskEuropeMedia & Big TechRussia-Ukraine WarTechTech NewsUkraineWorld
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SpaceX won’t take action against Russian media outlets, CEO Elon Musk said March 5. SpaceX’s Starlink, a satellite broadband service, started providing internet to Ukrainians in late February in the wake of the Russian invasion. Since the war started, a number of entities have stopped carrying or banned Russian outlets, including U.S. platform DIRECTV and the…
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