Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon Musk said on Friday. “Note, the creator must be verified and only ads served to verified users count,” Musk, the billionaire who bought Twitter last October, said in a tweet….
UBS Completes Takeover of Credit Suisse in Deal Meant to Stem Global Financial Turmoil
June 12, 2023
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BERLIN—UBS said Monday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal to combine the country’s two largest banks in a bid to safeguard Switzerland’s reputation as a global financial center and choke off market turmoil. A statement from the bank…
Female-Only Spa Forced to Accept ‘Transgender Women’ Reveals Next Move
June 12, 2023
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A female-only spa in Washington state that a judge said has to accept men if they identify as women says it will fight against the ruling. The Olympus Spa plans to enter a new complaint in the case, which centers around a state law that bars discrimination on the basis of sexual orientation, a lawyer…
Amazon Alexa Violates Children’s Privacy
Most people worry about big brother watching, but what about big sister listening? Amazon is taking a financial hit because of privacy issues with its smart speaker. The Federal Trade Commission (FTC) recently fined Amazon for violating consumers’ privacy. What did Amazon’s Alexa do? How much was the fine? And if you have an Alexa,…
Wall Street Opens Higher as Investors Eye Inflation Data, Fed Verdict
U.S. stock indexes rose on Monday, with the benchmark S&P 500 and the tech-heavy Nasdaq hovering near 2023 highs as investors awaited inflation data and the Federal Reserve’s interest rate decision this week. The Dow Jones Industrial Average rose 30.02 points, or 0.09 percent, at the open to 33,906.80. The S&P 500 opened higher by…
European Stocks Rise Ahead of Inflation Data, Central Bank Meetings
June 12, 2023
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LONDON—European stocks rose in early trading on Monday and world stocks were just below 13-month highs ahead of key inflation data and U.S. Federal Reserve and European Central Bank meetings later in the week. After lacking direction during Asian trading, market sentiment picked up in early European trading, as investors waited for U.S. CPI data…
Bartender Company CEO Reveals ‘Significant Shift’ That’s Hitting Bud Light
June 11, 2023
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Demand for Bud Light has significantly declined in recent weeks in the midst of a boycott against the company for producing a can with a transgender influencer’s face on it, according to a mobile bartending company founder. “There has been a ‘significant shift’ in consumer preferences,” Catarina Tucker, the founder of Barnastics, told Fox News….
New Mexico Reaches $500 Million Settlement With Walgreens in Opioid Case
June 10, 2023
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New Mexico has settled with Walgreens for $500 million over the pharmacy’s role in giving highly addictive prescription opioid painkillers without due attention to prescriptions raising concerns for drug abuse and addiction. Opioids include legal painkillers such as OxyContin, and various forms of the drug fentanyl. Fentanyl, a highly addictive and potent synthetic opioid, was…
One of America’s Oldest Restaurants Faces Backlash for Celebrating Pride Month
Popular American restaurant chain Cracker Barrel Old Country Store is attracting criticism after promoting Pride Month—with some customers vowing to never eat at their stores again. Cracker Barrel recently made an Instagram post showing a rainbow-painted chair at one of its restaurants. “We are excited to celebrate Pride Month with our employees and guests. Everyone…
Former ByteDance Executive Says Chinese Communist Party Tracked Hong Kong Protesters via Data
June 10, 2023
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HONG KONG—A former executive at ByteDance, the Chinese company which owns the short-video app TikTok, says in a legal filing that some members of the ruling Chinese Communist Party (CCP) used data held by the company to identify and locate protesters in Hong Kong. Yintao Yu, formerly head of engineering for ByteDance in the United…
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