Tag: Media & Big Tech

Twitter Suspends Main Account, Multiple Staff Accounts for Education Website That Highlights CRT

February 4, 2022
Big Tech, Censorship, and SocialismBusiness & EconomycensorcensorshipCompaniescritical race theoryCRTEducation & Family NewsFeatured TopicsLouie GohmertMadison CawthornMarjorie Taylor GreeneMatt WalshMedia & Big TechNational Education AssociationneaParag AgrawalRobert MaloneTroy NehlsTwitterUSUS News
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Twitter has suspended four accounts associated with “The Chalkboard Review,” a website that includes a detailed guide to critical race theory (CRT) along with other resources and commentary on education. The social media company, which named Parag Agrawal as CEO after founder Jack Dorsey stepped down from the role in November, suspended the publication’s main…

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Twitter Suspends Main Account, Multiple Staff Accounts for Education Website That Highlights Dangers of CRT

February 4, 2022
Big Tech, Censorship, and SocialismBusiness & EconomycensorcensorshipCompaniescritical race theoryCRTEducation & Family NewsFeatured TopicsLouie GohmertMadison CawthornMarjorie Taylor GreeneMatt WalshMedia & Big TechNational Education AssociationneaParag AgrawalRobert MaloneTroy NehlsTwitterUSUS News
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Twitter has suspended four accounts associated with “The Chalkboard Review,” a website that includes a detailed guide to critical race theory (CRT) along with other resources and commentary on education. The social media company, which named Parag Agrawal as CEO after founder Jack Dorsey stepped down from the role in November, suspended the publication’s main…

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China’s JD.com CEO To Donate More Than $2 Billion in Shares To Charity

February 4, 2022
Business & EconomycharityChinaChina Business & EconomyChinese Regimecommon prosperityCompaniesMedia & Big Tech
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The founder of one of China’s richest e-commerce businesses will donate $2.3 billion in shares of his flagship JD.com company to charity. JD.com “has been notified by Mr. Richard Qiangdong Liu, the chairman of the board of directors and chief executive officer of the company, that he will donate 62,376,643 Class B ordinary shares of…

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World Markets Shrug Off Tech-Led Selloff on Wall Street

February 4, 2022
Business & EconomycommoditiesCompaniesglobalMarketsMedia & Big TechstocksTech
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BANGKOK—Shares in Europe and Asia were mostly higher Friday after a historic plunge in the stock price of Facebook’s parent company yanked other tech stocks lower on Wall Street. Shares rose in Paris, London, and Tokyo. Hong Kong jumped 3.3 percent after reopening from Lunar New Year holidays. Trading in Shanghai will resume on Monday….

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Why Apple Is Suing to Halt the Distribution of This Upcoming Film

February 4, 2022
appleBusiness & EconomyCompaniesdistributionFilmMedia & Big TechsuingTechTech News
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Apple Inc. has filed a lawsuit against a “Healthy Lifestyle Superhero” movie titled “Apple-Man,” seeking to halt its distribution over concerns that viewers might associate the production with itself. What Happened The action-comedy film—backed by a Kickstarter campaign that has raised EUR 101,717 ($114,187)—says it is a Superhero flick with a “strong social mission.” “My movie…

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Australian Mining Billionaire Launches Criminal Case Against Facebook

February 3, 2022
Andrew ForrestAustraliaBusiness & EconomyCompaniescryptocurrency scamFacebookFortescue MetalsInternationalMedia & Big TechmetaTechTech NewsUSUS NewsWorld
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Mining billionaire Andrew Forrest has launched criminal proceedings against social media giant Facebook for breaching Australia’s anti-money laundering laws, and for failing to deal with clickbait advertising for cryptocurrency. Forrest has launched two simultaneous actions, one in the Magistrates Court of Western Australia and the other in the Superior Court of California, County of San…

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Senate Judiciary Committee Approves Antitrust Bill Targeting Big Tech

February 3, 2022
Apple App StoreBusiness & EconomyCompaniescongressGoogle appsMedia & Big TechPolicies & ImpactsPoliticsSocial MediaTechUS
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The Senate Judiciary Committee voted overwhelmingly on Thursday to advance the Open App Markets Act, an antitrust bill that targets big tech. Bill S.2710 addresses Apple and Google in particular, who oversee the Apple App Store and the Google Play Store, which together mediate access to the vast majority of apps used by smartphone users. The…

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Facebook Loses Nearly $200 Billion, First Drop in Users in Company History

February 3, 2022
appleBusiness & EconomyCompaniesFacebookMark ZuckerbergMedia & Big TechMeta PlatformsTechTech NewsUSUS News
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Meta shares lost more than a fifth of its value as the company struggles to retain users, indicating the beginning of the end of an era where a handful of Silicon Valley CEOs controlled the flow of information across online platforms. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms,…

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Facebook Loses Nearly $200 Billion, 1st Drop in Users in Company History

February 3, 2022
appleBusiness & EconomyCompaniesFacebookMark ZuckerbergMedia & Big TechMeta PlatformsTechTech NewsUSUS News
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Meta shares have lost more than a fifth of their value as the company is struggling to retain users. Registering the first sequential loss of customers in the company’s 18-year history, Meta Platforms, earlier known as Facebook, dropped to 1.929 billion daily users from 1.93 billion users in the previous quarter. User growth across Whatsapp…

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Wall Street Drops at Open as Facebook Outlook Sparks Tech Rout

February 3, 2022
Business & EconomyCompaniesMarketsMedia & Big TechstocksUS
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U.S. stock indexes opened lower on Thursday, with the Nasdaq diving more than 2 percent, as Facebook-owner Meta Platforms’ dour forecast jolted the broader tech sector and threatened to upend a nascent recovery in stock markets. The Dow Jones Industrial Average fell 109.2 points, or 0.31 percent, at the open to 35520.08. The S&P 500…

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