In a recent interview with The Babylon Bee, Elon Musk, the current owner of Twitter, revealed the discovery of a decade-old line of code in Twitter’s algorithms designed to suppress tweets containing certain keywords. This information was made public during Musk’s conversation with The Babylon Bee, a satirical news outlet that had previously experienced censorship…
Elon Musk Uncovers Decade-Old, Thousand-Word Censorship List in Twitter’s Algorithm
Macy’s Slashes Expectations for the Year After a Pullback by Shoppers in the Spring
Macy’s slashed its outlook for the entire year as sales weakened in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation. Sales began to flag in March, forcing the New York department store to cut prices on clothes and other discretionary items. Macy’s results wrap up the retail industry’s fiscal first-quarter…
Clueless CEOs Will Regret Playing Ball With Beijing
Commentary A year before the 9/11 terrorist attacks, one James M. Lindsay, then senior fellow at the liberal Brookings Institution, now director of studies at the Council on Foreign Relations, lamented of the ongoing aftermath of the Cold War that “at the very moment that the United States has more influence than ever on international…
Elon Musk Again Ranked as World’s Richest Person
Billionaire entrepreneur Elon Musk has regained the title of “World’s Richest Person,” according to the latest Bloomberg Billionaires Index ranking. Musk—whose portfolio includes the electric car company Tesla, the private space company SpaceX, and the Twitter social media platform—has been in and out of the number-one spot on the Bloomberg index in recent years. Musk’s…
Musk’s Business Ties to China Involves National Security Risks: Expert
June 1, 2023
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Tesla CEO Elon Musk’s deepening relationship with China involves national security and business risks, according to Jon Pelson, author of “Wireless Wars, China’s Dangerous Domination of 5G and How We’re Fighting Back.” Pelson, former chief convergence officer for British Telecom, referred to Musk’s unannounced trip to China on May 30—his first visit to the country…
Musk’s Business Ties to China Pose National Security Risks: Expert
June 1, 2023
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Business & MarketsChinaChina Business & EconomyChina NewsCompaniesElon MuskMarketsNational SecurityteslaThreat from Communist ChinaUSUS-China relations
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Tesla CEO Elon Musk’s deepening relationship with China involves national security and business risks, according to Jon Pelson, author of “Wireless Wars, China’s Dangerous Domination of 5G and How We’re Fighting Back.” Pelson, former chief convergence officer for British Telecom, referred to Musk’s unannounced trip to China on May 30—his first visit to the country…
Data of Nearly 9 Million MCNA Dental Patients Exposed by Hackers
June 1, 2023
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Business & MarketsCompaniesCrime & Public SafetyCrime and Incidentsdata theftdentalhackersMassive Data BreachTechTech NewsUSUS News
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The dental insurer Managed Care of North America (MCNA)—one of the largest dental health insurers in the United States—has warned that the personal information of nearly nine million individuals has been compromised after its computer system was hacked. The Atlanta, Georgia-based company—which bills itself as the leading dental benefits manager of government-backed plans for children and seniors—said in a…
Conservatives’ Boycotts Wipe Off Billions From Target and Bud Light Valuations, More Brand Battles Upcoming
June 1, 2023
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Major brands such as Bud Light and Target, among others, are facing immense backlash from supporting LGBTQ causes, with the market capitalization of the firms crashing by double digits in recent weeks. Stores of Target were boycotted after the retail giant rolled out its Pride collection at the beginning of May, including some items targeted at…
ANALYSIS: Conservatives’ Boycotts Wipe Off Billions From Target and Bud Light Valuations, More Brand Battles Upcoming
June 1, 2023
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Bud LightBusiness & MarketsCompaniesconservative boycotteconomyInvestmentMarketsSocial IssuesTargetUSUS News
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Major brands such as Bud Light and Target, among others, are facing immense backlash from supporting LGBTQ causes, with the market capitalization of the firms crashing by double digits in recent weeks. Stores of Target were boycotted after the retail giant rolled out its Pride collection at the beginning of May, including some items targeted at…
What You Need to Know About the Recent Bank Failures Hitting the US
On March 10, Silicon Valley Bank (SVB) was shut down by banking regulators. This was the second-largest bank collapse in U.S. history, only behind the collapse of Washington Mutual in 2008 during the financial crisis. Signature Bank was shut down on March 12. First Republic Bank was seized by regulators on May 1. Worse yet,…
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