Shares of the Digital World Acquisition Corp., a blank-check company funding a controversial social media venture, have skyrocketed following the release of the company’s flagship app. The new social media app is a project affiliated with Donald Trump, and its name, Truth Social, bears a striking resemblance to the former president’s surname, consistent with his…
Digital World Shares Surge After Launch of Donald Trump’s Truth Social
February 22, 2022
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2024 electionBusiness & EconomyCompaniesDonald J. TrumpDonald TrumpMarketsMedia & Big TechPoliticsSocial MediaUSUS News
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Kyle Rittenhouse Announces Fund to Hold Media Accountable for ‘Lies’
February 22, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCenk UygurCompaniesFeatured TopicsKenoshaKyle RittenhouseMedia & Big TechMSMUSUS NewsWhoopi GoldbergWisconsin
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Kyle Rittenhouse on Monday said he is launching a project that seeks to hold news organizations for their “lies.” Rittenhouse, 19, who was acquitted in November 2021 of charges related to the shooting of three people during a night of riots in Kenosha, Wisconsin, in August 2020, shared details of his new initiative during an…
Kanye West Says New Album Won’t Appear on Apple Music, Spotify, Amazon, or YouTube
February 19, 2022
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Business & EconomyCompaniesEntertainmentEntertainment Newsjesus is kingKanye WestMedia & Big TechSocial Mediaspotifystem playerTechTech NewsUSUS News
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Rapper Kanye West has announced that he will not be releasing his upcoming album exclusively through his own device and platform, and not on any major platforms, blaming the switch on low commissions and a move towards independence from binding contracts. “Donda 2 will only be available on my own platform, the Stem Player,” Kanye, who…
Business Chart of the Day: Are Remorseful Buyers Selling Microsoft?
Remorseful buyers have kept a top on shares of Microsoft Corporation. They are trying to bail out of their positions, which has formed resistance in the market. Microsoft had support at $300 as a large number of buyers gathered there. The stock ended up rallying after it fell to it, but now, the price is…
This Day In Market History: World Chess Champion Defeats IBM Supercomputer
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day in 1996, world chess champion Garry Kasparov defeated IBM chess-playing supercomputer Deep Blue. Where The Market Was The S&P 500 was at 647.98 and the Dow Jones Industrial Average stood at 5,503.32. What Else…
Google Announces Start of Multi-Year Process to Change Android User App Tracking
Google on Feb. 16 announced the start of a multi-year process to limit the ability for advertisers to track users of Android devices and said it is exploring technologies that reduce the potential for covert data collection. “Today, we’re announcing a multi-year initiative to build the Privacy Sandbox on Android, with the goal of introducing new, more private…
Nestle Proposes Apple CFO for Election to Its Board
ZURICH—Food group Nestle said on Thursday it was proposing Luca Maestri, chief financial officer at Apple, and Chris Leong, chief marketing officer at Schneider Electric, for election to its board of directors. The elections will take place at the company’s annual general meeting on April 7. Ann M. Veneman will retire from the board, and…
Cisco Raises Annual Earnings Forecast, Announces $15 Billion in Share Buybacks
Cisco Systems Inc (CSCO.O) on Wednesday raised its full-year earnings forecast and reported quarterly revenue above expectations on strong demand for its enterprise communication tools and 5G gear. Shares of the company rose about 5 percent in extended trading after the networking giant announced a $15 billion increase to its stock repurchase program. The company,…
Elon Musk and Dogecoin Co-Creator Say Twitter Needs to Take Urgent Action Against Crypto Scams
Tesla Inc. CEO Elon Musk has agreed to a comment by Dogecoin co-creator Billy Markus that Twitter Inc. needs to curb cryptocurrency scam activity on its social media platform. What Happened Markus asked Twitter to take action on the “super irritating” cryptocurrency scams, to which Musk commented by saying, “Agreed. This has been broken for a…
CNN Runs Chinese State Media Ad Glorifying Beijing Olympics
February 16, 2022
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Asia & PacificBeijing 2022 OlympicsBeijing OlympicsBusiness & EconomyChinaChinese RegimeCNNCompaniesMedia & Big TechSportsstate mediaUSUS NewsUS-China relationsWorldXinhua
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The Beijing Olympics from the start has been overshadowed by complaints over China’s human rights record, harsh COVID-19 rules, and disputes over referees’ decisions. That would not be so apparent if one stumbles upon a recent ad on CNN. “A Winter Sporting Event like No Other,” so reads the headline of the article that begins…
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