Tag: Media & Big Tech

PREMIERING 1/31 at 7:30PM ET: Chaya Raichik, ‘Libs of TikTok’ Creator, on Classroom Indoctrination and TikTok ‘Narcissists’

January 30, 2023
American Thought LeadersBig Tech, Censorship, and SocialismBusiness & Marketscancel cultureChinaCompaniesDonald J. TrumpDonald TrumpElon Musk TwitterEpochTVFeatured Topicsformer President Trumpgendergender pronounsgender transition proceduresInfiltrating the WestLibs of Tik TokLibs of TikTokLive VideosMedia & Big TechSpecial TopicstechnologyThreat from Communist Chinatwitter filesTwitter suspensionUSUS-China relationsVideo
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“I think gender ideology, in general, is very narcissistic … It’s like, ‘These are my pronouns. This is my gender. Let me talk to you about how I want to be referred to and how you should refer to me,’ says Chaya Raichik, creator of the viral Twitter account “Libs of TikTok.” “And the whole…

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Shares Shaky as Rate-Hike Week Looms

January 30, 2023
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsMedia & Big Techrecessionstocks
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SYDNEY/LONDON—Shares slipped on Monday at the start of an agenda-setting week for markets in which likely interest rate hikes in Europe and the United States, as well as U.S. jobs and wage data, will give markets a fresh update on the battle against inflation. Investors expect the Federal Reserve will raise rates by 25 basis…

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Twitter Says Users Will Be Able to Appeal Account Suspension

January 28, 2023
appealBusiness & MarketsCompaniesMedia & Big TechSocial MediaSuspensionTechTwitterUSUS News
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Twitter users will be able to appeal account suspensions and be evaluated under the social media platform’s new criteria for reinstatement, starting Feb. 1, the company said on Friday. Under the new criteria, which follow billionaire Elon Musk’s purchase of the company in October, Twitter accounts will only be suspended for severe or ongoing and…

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Elon Musk Makes Huge Tesla Profit Over Past Week

January 27, 2023
Business & MarketsCompanieseconomyElon MuskInvestmentMarketsMedia & Big TechteslaUSUS News
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Telsa and Twitter owner Elon Musk added about $21 billion to his profits over the seven days since last week, according to a Bloomberg-monitored index. According to the Bloomberg Billionaires Index, Musk’s fortune increased by $21 billion between Jan. 19 and 26. It now stands at around $156 billion. Recent filings show Musk holds about 423,622,000 shares in…

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ACLU Backs Trump’s Reinstatement on Facebook: ‘This Is the Right Call’

January 27, 2023
Big Tech, Censorship, and SocialismBusiness & MarketsCompaniesDonald TrumpeconomyFeatured TopicsMedia & Big TechmetaSocial MediaTechUSUS News
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The American Civil Liberties Union (ACLU) defended Meta’s decision to allow former President Donald Trump back on Facebook and Instagram, saying that it is appropriate for the public to have wider access to messaging from one of the most popular political candidates in the country. “This is the right call. Like it or not, President…

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SAP to Cut Up to 3,000 Jobs Worldwide, Mulls Qualtrics Sale

January 26, 2023
Business & MarketsCompaniescutseconomyEuropeGermanyInternationaljobsMarketsMedia & Big TechrecessionSAPWorld
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BERLIN—SAP said Thursday that it is cutting up to 3,000 jobs worldwide, or about 2.5 percent of its workforce, after a sharp drop in profits at Europe’s biggest software company. It comes amid a broader wave of job cuts in the technology industry, including mass layoffs at Google, Amazon, Microsoft, and other tech giants in…

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Democrats Criticize Meta for Reinstating Trump’s Facebook and Instagram Accounts

January 26, 2023
Adam SchiffBig Tech, Censorship, and SocialismBusiness & MarketsCompaniesDemocratsDonald TrumpFacebookFeatured TopicsinstagramMedia & Big TechPoliticsSocial MediaTechUSUS News
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Some Democrats have criticized Meta after the social media giant announced that it would reinstate former President Donald Trump’s Facebook and Instagram accounts after a two-year ban. Nick Clegg, president of global affairs for Meta, said in a blog post on Jan. 25 that Trump’s accounts will be reinstated “in the coming weeks,” but added…

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Ad Spending on Twitter Falls by Over 70 Percent in December: Data

January 26, 2023
advertisingBusiness & MarketsCompaniesElon MuskMedia & Big TechTwitter
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Advertising spend on Twitter Inc. dropped by 71 percent in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media platform after Elon Musk’s takeover. The recent data by Standard Media Index comes (SMI) as Twitter is moving to reverse the advertiser exodus. It has introduced a slew…

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Amazon Launches a Subscription Prescription Drug Service

January 25, 2023
AmazonBusiness & MarketsCompaniesDrugsMedia & Big TechmedicationsPrescriptions
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Amazon is adding a prescription drug discount program to its growing health care business. The retail giant said Tuesday that it will launch RxPass, a subscription service for customers who have Prime memberships. Amazon said people will pay $5 a month to fill as many prescriptions as they need from a list of about 50…

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Microsoft’s Dour Outlook Raises Red Flags for Tech Sector

January 25, 2023
Business & MarketsCompanieseconomyMarketsMedia & Big TechmicrosoftresultsUSUS News
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Microsoft Corp.’s lackluster quarterly outlook points to more gloom ahead for the tech sector, analysts said, after the tech bellwether warned that its customers were cautious about spending in a turbulent economy. The warning from Microsoft, the second most valuable U.S. company, came after a steep fall in client spending prompted tech heavyweights from Amazon.com…

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