Tag: Media & Big Tech

Is ViacomCBS Stock Overvalued or Undervalued?

ViacomCBS Inc. shares have lagged the S&P 500 in the last year, with a 12-month loss of 11 percent. ViacomCBS’s stock has had a wild ride in 2021, but investors may be wondering whether there’s any value in ViacomCBS shares after the pullback. Earnings A price-to-earnings ratio (PE) is one of the most basic fundamental…


Joe Rogan Leads Move to New Social Media App After Recent Twitter Bans

Podcaster Joe Rogan opened a GETTR account Sunday after Twitter suspended several high-profile individuals in recent days and called on others to join him. “Just in case [expletive] over at Twitter gets even dumber, I’m here now as well,” Rogan wrote on the platform. “Rejoice!” Rogan’s move to the upstart social media website, chaired by…


Apple Becomes First Company to Hit $3 Trillion Market Value

Apple Inc. on Monday became the first company in the world to hit $3 trillion in market capitalization, thanks to investor confidence that the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and metaverse. On the first day of trading in 2022, the company’s shares rose to…


Twitter Permanently Suspends Rep. Marjorie Taylor Greene Account

Twitter on Sunday suspended the personal account of Rep. Marjorie Taylor Greene (R-Ga.) and claimed she was posting false information relating to the COVID-19 pandemic. “We permanently suspended Marjorie Taylor Greene for repeated violations of our COVID-19 misinformation policy,” a Twitter spokesperson said in a statement to news outlets, repeating a boilerplate message that it has…


Twitter Permanently Suspends Rep. Marjorie Taylor Greene’s Account

Twitter permanently suspended the personal account of Rep. Marjorie Taylor Greene (R-Ga.) on Jan. 2, claiming that she was posting false information relating to the COVID-19 pandemic. “We permanently suspended Marjorie Taylor Greene for repeated violations of our COVID-19 misinformation policy,” a Twitter spokesperson said in a statement to media outlets, repeating a boilerplate message…


Wall Street Slips in Choppy Trade, Set to Clock Robust Yearly Gains

Wall Street’s main indexes eased in choppy trading on Friday, but headed for their best three year run since 1999, driven by massive stimulus and strong retail participation. Ten of 11 major S&P sectors gained amid quiet trading, with energy—the best performing sector of 2021 —leading the charge higher. The S&P 500 and Dow hit…


Read How California’s Latest Law Could Target Amazon

California envisaged a new law to prevent the warehousing industry from overworking employees, Bloomberg reports. Clearly, Amazon.com Inc. is the regulatory body’s target, the report adds. Amazon has given machines unparalleled control over workers and allegedly used technology to impose unreasonable demands on them. AB 701, authored by Assemblywoman Lorena Gonzalez, prohibits monitoring systems that thwart fundamental…


Tech Trends in 2022 That Will Change Our World: Deloitte Report

The year 2021 marked a period when global economies began picking up the pieces following the COVID-19 pandemic that left them crippled and ravaged. Notwithstanding the setbacks, the tech sector extended its gains from 2020 and remains poised to go from strength to strength. Here’s a look at the dominant tech themes that could play…


Facebook Fact-Checking Group Apologizes for Wrongly Flagging Article Questioning Face Masks in Schools

A Facebook fact-checking group on Tuesday admitted that it had incorrectly flagged an article by Reason magazine that questioned whether or not wearing face masks in schools can limit outbreaks of COVID-19. Science Feedback, a fact-checking organization partnered with Facebook, flagged a Reason article on Facebook written by Robby Soave and titled “The Study That Convinced the CDC…


CNN Says Producer Resigned Same Day Allegations of Potential Child Abuse Surfaced

CNN producer Rick Saleeby resigned on Dec. 15, the same day CNN was made aware of allegations that he fantasized about abusing a minor girl, the network said Wednesday. “Rick Saleeby does not work for CNN. He resigned from his position two weeks ago,” a CNN spokesman told The Epoch Times in an email. The…