Tag: Media & Big Tech

Google’s YouTube Blocks Channels Linked to Russian State-Backed Media RT and Sputnik Across Europe

Google’s YouTube on Tuesday joined a string of big tech giants blocking content from Russian state-backed media outlets RT and Sputnik across Europe. The company said in a statement that it is blocking YouTube channels connected to the two media outlets in the EU, effective immediately, due to the ongoing situation in Ukraine. “It’ll take time for our systems…


Read Why JP Morgan Sees Apple Poised for Upside

Apple Inc. is poised to see “upside” if it can execute and show the growth that it saw in its fiscal first quarter, according to J.P. Morgan analyst Samik Chatterjee. Chatterjee has an Overweight rating and a $210 price target. The price target implies an upside of 27.4 percent. “We see the combination of stronger than expected mix as…


Twitter Will Label, Reduce Visibility of Tweets Linking to Russian State Media

Twitter is adding labels and reducing the visibility for tweets containing content from Russian state-affiliated media websites like RT and Sputnik, the social media company said on Monday. It said that since Russia invaded Ukraine on Thursday, it had seen more than 45,000 tweets a day from people sharing these links. Twitter said this meant…


Elon Musk Says Starlink Activated in Ukraine After Internet Cut During Russian Invasion

Entrepreneur Elon Musk announced Saturday that his company SpaceX’s satellite broadband service, Starlink, has been activated in Ukraine, after the Internet was disrupted in the country due to Russia’s invasion. “Starlink service is now active in Ukraine. More terminals en route,” Musk wrote on Twitter in response to Ukrainian Vice Prime Minister Mykhailo Fedorov. “[Elon…


Online Publishers Are Ditching Google

Multiple leading online publishers look to ditch Alphabet Inc.’s Google’s Accelerated Mobile Pages program to optimize readers’ mobile-browsing experience, the Wall Street Journal reports. Media executives admitted that dropping AMP would give them more control over their page designs and ad formats, and make it easier to sell ad space in auctions, ultimately boosting competition and prices for…


EU’s Vestager Says Tech Giants May Prefer Fines to Compliance, Cites Apple

BRUSSELS—Some U.S. tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union’s antitrust chief said, and cited Apple’s fight with the Netherlands’ competition authority as an example. The Dutch Authority for Consumers and Markets (ACM) imposed a 5-million-euro ($5.7 million) fine on Apple on Monday, the fifth such…


Musk’s Starlink Connects Remote Tonga Villages Still Cut Off After Tsunami

SYDNEY—Elon Musk’s satellite venture has launched a free high-speed internet service to connect remote villages in Tonga that have been cut off since a devastating volcanic eruption and tsunami in January. Tonga’s prime minister, Siaosi Sovaleni, said in a ceremony on Wednesday in the capital, Nuku’alofa, that 50 VSAT terminals provided free of charge by…


China’s New Probe of Jack Ma’s Ant Group Flags the Return of More Regulatory Crackdowns

A reported comeback of Beijing-led regulatory crackdowns on Jack Ma’s Ant Group has sounded alarm bells for China’s fintech sector. Ant, the payment affiliate of Alibaba Group, is facing more state intrusion with Beijing asking banks and state-owned enterprises to conduct a fresh round of checks of their financial exposure and other links with the…


Sinclair’s Q4 Revenue Misses Consensus Due to Cyber Incident, Absence of Political Revenue; Hikes Dividend

Sinclair Broadcast Group Inc. reported a fourth-quarter FY21 revenue decline of 2 percent year-on-year to $1.48 billion, missing the consensus of $1.56 billion. Lost revenues due to the cyber incident and the absence of political revenues in a non-political year affected the revenue growth. Total advertising revenues of $383 million decreased 31 percent Y/Y. Distribution revenues…


Microsoft Security Chief Stresses on Importance of Combating Cyberattacks Through Cloud Adoption

Microsoft Corp.’s new security chief, Charlie Bell, emphasized the importance of solving cyberattacks by embracing cloud, the Wall Street Journal reports. Microsoft has built a $15 billion business and one of the world’s most enormous private cyber armies to counter cyberattacks. WSJ notes that U.S. banks flagged nearly $600 million in ransomware payments during the first…