Tag: Tech

Industry Group Calls for More US Investment in Chip Design

December 5, 2022
boston consulting groupBusiness & MarketsCHIPS and Science ActCompaniesInvestmentMarketsSemiconductor Industry AssociationsemiconductorsTech
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The U.S. government enacted a massive bill earlier this year directing more than $52 billion in federal investment into semiconductor research and manufacturing, with the goal of strengthening local supply chains and countering China’s rising clout in the important high-tech sector. But an industry group is calling for tens of billions in additional funding, saying…

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Sam Bankman-Fried Says He ‘Will Testify’ to Congress on FTX Collapse

December 5, 2022
Business & MarketsCompaniescongresscryptocurrencyeconomyFTXMarketsPoliticsSam Bankman-FriedTechUSUS News
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Sam Bankman-Fried, the former CEO of bankrupt crypto platform FTX, said Sunday that he “will testify” before Congress on the circumstances around the collapse, though his statement left open the possibility that it could be a while before he actually appears before lawmakers—if ever. Bankman-Fried made the remarks in a response to a Twitter post…

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Suspensions of Twitter Accounts Exploiting Child Sex Abuse Material Rise After Musk Takeover

December 5, 2022
Business & Marketschild sex abuseCompaniesCrime and IncidentsElon MuskHuman TraffickingMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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The number of accounts that are being suspended by Twitter on a daily basis for sharing child sexual abuse and exploitation material has nearly doubled since Elon Musk took over, according to a cyber security and data analyst. Andrea Stroppa, the founder of the cybersecurity group Ghost Data, has been working as an independent researcher on Twitter’s…

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Daily Suspensions of Twitter Accounts Exploiting Child Sex Abuse Material Nearly Double After Musk Takeover

December 5, 2022
Business & Marketschild sex abuseCompaniesCrime and IncidentsElon MuskHuman TraffickingMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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The number of accounts that are being suspended by Twitter on a daily basis for sharing child sexual abuse and exploitation material has nearly doubled since Elon Musk took over, according to a cyber security and data analyst. Andrea Stroppa, the founder of the cybersecurity group Ghost Data, has been working as an independent researcher on Twitter’s…

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Musk’s ‘Name and Shame’ Strategy Works as Apple Resumes Advertising on Twitter

December 5, 2022
appleBusiness & MarketsCompaniesElon MuskMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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Elon Musk has said that Apple has “fully resumed” advertising on Twitter, adding that the tech giant is the largest advertiser on the platform, as tensions appear to be simmering down between the two companies. The comments were made during a Twitter Spaces conversation on Saturday, which featured more than 90,000 listeners. Later on Sunday,…

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‘Utterly False’: Musk Blasts New York Times for Hate Speech Report on Twitter

December 4, 2022
Business & MarketsCompaniesElon Musk Twitterhate speechhate speech on twitterMedia & Big TechNew York TimesSocial IssuesSocial MediaTechUSUS News
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Twitter owner Elon Musk blasted a New York Times report claiming problematic content and hate speech was on an “unprecedented” rise on the platform following his takeover, countering earlier claims by the billionaire. According to findings by the Center for Countering Digital Hate, the Anti-Defamation League, and other groups, the NY Times reported that slurs…

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Musk Says ‘Possible’ That Twitter Gave Preference to Leftists During Brazil Election

December 3, 2022
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SAO PAULO—Twitter owner Elon Musk said on Saturday he thought it was “possible” that personnel at the social media firm gave preference to left-wing candidates during Brazil’s election this year, without providing evidence. Musk completed his acquisition of Twitter on Oct. 27, just days before Brazil’s presidential second round runoff vote, when conservative incumbent Jair…

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‘If I Commit Suicide, It’s Not Real’: Elon Musk Addresses Speculations About His Mental Health

December 3, 2022
Big Tech, Censorship, and SocialismBusiness & MarketsCompaniesElon MuskFeatured TopicsHunter Biden laptopMedia & Big TechSocial MediaTechteslaTwitterUS
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Elon Musk said during a live Q&A session following the first batch release relating to the “Twitter Files” that he is not having suicidal thoughts, as some have been suggesting. The comment was a response to a question about whether the new Twitter CEO was “suicidal” because there had been lots of talk about Musk’s mental…

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Twitter Staff to Be Grilled Before Congress for Censoring Hunter Biden Laptop Story: Rep. Comer

December 3, 2022
Big Tech, Censorship, and SocialismBusiness & MarketsCompaniescongressFeatured TopicsHunter Biden laptopMedia & Big TechPoliticsSocial MediaTechTwitterUSUS News
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The top Republican on the House Oversight Committee said that Twitter staff involved in suppressing the Hunter Biden laptop story ahead of the 2020 presidential elections will face Congress and testify about their actions. Rep. James Comer (R-Ky.), the GOP ranking member on the Committee, made the remarks in a Friday appearance on Fox News…

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GM’s Cruise Plans to Enter ‘A Large Number of Markets’ in 2023

December 3, 2022
Business & MarketsCompaniesCruiseGeneral MotorsGMTechTech News
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DETROIT—Cruise, General Motors Co’s robotaxi unit, plans to enter a “large number of markets” and scale operations up to “thousands of vehicles” in 2023, Chief Operating Officer Gil West told Reuters. Cruise has announced plans to start offering rides in Austin and Phoenix, adding those cities to its current base in San Francisco. West said…

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