Bud Light is no longer the top-selling beer brand in the United States amid a boycott over the company’s decision to produce a promotional beer can for transgender influencer Dylan Mulvaney. Industry figures provided to Newsweek show that Modelo Especial’s sales topped $333 million in the four weeks that ended on May 28, compared with Bud…
Instagram Algorithms Promote Pedophile Networks: Investigation Finds
June 8, 2023
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Instagram’s algorithms connect a vast network of pedophiles, an investigation by The Wall Street Journal, Stanford University, and the University of Massachusetts Amherst discovered. An investigaton by the Stanford Internet Observatory’s chief technologist, David Thiel, research manager Renée DiResta, and director Alex Stamos discovered that a massive network of English-speaking social media accounts buy, sell,…
Los Angeles Times Cutting More Than 10 Percent of Newsroom
June 8, 2023
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The Los Angeles Times this week became the latest media organization to announce job cuts, saying it would terminate more than 10 percent of its newsroom. The paper is firing 74 newsroom employees, a spokeswoman confirmed via email to The Epoch Times on June 8. “We have made the difficult decision to undergo a reorganization…
Meta Introduces Broadcast Tool Channels on WhatsApp
Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make the app a “private broadcast messaging product.” Users in Colombia and Singapore will be the first to receive access to Channels. Over the coming months, Meta will expand the availability of the tool for users in more…
Creator of Conservative Chatbot Powered by ChatGPT Says OpenAI Tried to Censor Content
The creators of a conservative chatbot powered by OpenAI’s ChatGPT announced that they shut down the chatbot because of pressure from OpenAI to censor the bot’s responses. The conservative chatbot, named GIPPR in honor of the late President Ronald Reagan, debuted in May and is part of TUSK, a pro-free speech and anti-censorship web browser. GIPPR…
Uber to Offer Car Rental Services in US
Ride-hailing service Uber is planning to enter the car rental market in the United States, allowing people to hire cars from owners in select cities. The Carshare rental program was announced by Uber on Thursday. The program will provide a platform where car owners can list their vehicles and rent them out to borrowers at…
Tucker Carlson’s Lawyer Responds to Fox News Contract Breach Allegations
A lawyer for Tucker Carlson issued a response after reports claimed that Fox News sent a letter accusing him of violating his contract by launching his own Twitter show this week. “Fox defends its very existence on freedom of speech grounds. Now they want to take Tucker Carlson’s right to speak freely away from him…
Britain’s Daily and Sunday Telegraph Put up for Sale After Bank Runs out of Patience
June 8, 2023
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A traditionally conservative newspaper group has been put up for sale after the Bank of Scotland—owned by the Lloyds Banking Group—ran out of patience with its owners over a £1 billion debt. The Daily Telegraph, its Sunday sister paper, and The Spectator magazine will now be sold to the highest bidder after the failure of…
S&P 500, Nasdaq Open Higher as Jobless Claims Rise
The S&P 500 and Nasdaq opened slightly higher on Thursday as Treasury yields slipped after data showed weekly jobless claims rose more than expected, countering some concerns about further interest rate hikes. The Dow Jones Industrial Average fell 8.04 points, or 0.02 percent, at the open to 33,656.98. The S&P 500 opened higher by 1.17…
Airline Profitability Strengthens This Year Despite Economic Slowdown
Global airline industry profitability surges in 2023, with net profits expected to reach $9.8 billion this year, more than double the $4.7 billion forecast in December, according to the International Air Transport Association’s (IATA) projection on June 5. Stronger profitability is attributed to factors such as increased cargo revenues, the reopening of China, and lower jet fuel…
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