Tag: Media & Big Tech

Warner, Rubio Question Facebook’s Zuckerberg Over China’s Access to User Data

February 7, 2023
Big Tech, Censorship, and SocialismBusiness & MarketsChinaChinese RegimeCompaniescongressFacebookFeatured TopicsMedia & Big TechPoliticsSocial MediaTechUSUS NewsUS-China relationsuser dataZuckerberg
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Senate Intelligence Committee Chairman Mark Warner (D-Va.) and Vice Chairman Marco Rubio (R-Fla.) sent a letter (pdf) to Meta CEO Mark Zuckerberg on Monday, questioning him about crucial data Meta’s Facebook platform shared with developers in China in recent years. Warner and Rubio alleged, based on past reporting and company documents, that Facebook has known that…

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Twitter on Track to Break Even Financially in 2023, Elon Musk Says

February 6, 2023
Business & MarketsCompaniesMedia & Big TechTechTech NewsTwitterUS
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Twitter is on a path to financially break even, Elon Musk said in a Feb. 5 tweet, as the company implements several measures to boost declining revenues. The comment followed a December 2022 statement by Musk that he was optimistic about the company’s cash flow this year. “Last 3 months were extremely tough, as had…

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Advisory Firm Innisfree Sues Musk’s Twitter for $1.9 Million in Unpaid Bills

February 6, 2023
Business & MarketsCompaniesElon MuskInnisfreeMedia & Big TechTwitter
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U.S.-based advisory firm Innisfree M&A Incorporated sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million for what it says are unpaid bills after it advised the social media company on its acquisition by Elon Musk last year. “As of December 23, 2022, Twitter remains in default of its obligations to…

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Delete TikTok App to Protect Your Personal Data, Says UK Lawmaker

February 6, 2023
Business & MarketsChinaChinese Communist Party (CCP)Chinese RegimeChinese spy balloonCompaniesEurope-China RelationsInfiltrating the WestInternational RelationsMedia & Big TechSpecial TopicstechnologyTikTokTom TugendhatUKWorld
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People should delete TikTok from their smartphones to protect their personal data from “hostile” threats, a senior British Conservative lawmaker has said. There have long been concerns around TikTok over its links to the Chinese Communist Party (CCP), because its parent company ByteDance was founded in the country, and critics have raised fears data could…

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No Response From Pulitzer Committee After Watchdog Issues Critical Review of Media’s RussiaGate Coverage

February 6, 2023
Business & MarketsCompaniesDonald TrumpMedia & Big TechPoliticsPulitzerRussiagateSteele dossierTrumpUSUS News
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The Pulitzer committee is yet to respond to a media watchdog’s scathing review of multiple media outlets’ coverage of the now-debunked Trump-Russia collusion narrative. The Columbia Journalism Review spent 18 months looking back on the press coverage of the former president in a report published on Jan. 30, and took aim at a number of publications, including…

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Apple Removes Decentralized Twitter-Like App Damus From Chinese App Store

February 6, 2023
Apple's China app storeBig Tech, Censorship, and SocialismBusiness & MarketsChinaCompaniesDamusFeatured TopicsJack DorseyMedia & Big TechSocial MediaTechTech NewstechnologyUS
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Apple has reportedly removed Damus, a Twitter-like social media app backed by the nostr protocol, from its Chinese app store owing to content deemed “illegal” by the Chinese communist regime. Damus shared on Feb. 3 a screenshot of an Apple notification, stating that the app failed a security assessment of “information services with attribute of…

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Jury: Musk Didn’t Defraud Investors With 2018 Tesla Tweets

February 3, 2023
appearanceBusiness & MarketsCompaniesMedia & Big TechMuskNorthern CaliforniaRegional & State NewsState NewssurpriseTechTech NewsUSUS News
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SAN FRANCISCO—A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The nine-member jury reached its verdict after less that two hours of deliberation following a three-week trial. It represents…

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Facebook, Instagram Threaten to Restrict or Ban Project Veritas

February 3, 2023
Business & MarketsCompaniesFacebookinstagramMedia & Big TechmetaPfizerProject VeritasUSUS News
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Facebook and Instagram have threatened to restrict or ban Project Veritas from their platforms, both owned by Meta, after a journalist confronted a senior YouTube official about the removal of a video about Pfizer’s COVID-19 vaccines. On Friday, the nonprofit journalism organization Project Veritas published footage that appears to show one of its reporters confronting YouTube’s…

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Wall Street Tumbles at Open as Jobs Data Fans Higher Rate Worries

February 3, 2023
Business & MarketsCompanieseconomic policieseconomyinflationMarketsMedia & Big TechrecessionstocksUS
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Wall Street’s main indexes opened lower on Friday after data showed the economy added jobs at a rapid pace last month, feeding into fears that the Federal Reserve could keep interest rates higher for longer in its fight against inflation. The Dow Jones Industrial Average fell 127.64 points, or 0.37 percent, at the open to…

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