BuzzFeed is shutting down its news division, the company’s CEO said on April 20. “I am writing to announce some difficult news,” Jonah Peretti, the founder and CEO of BuzzFeed, told employees in a memorandum. The company is closing BuzzFeed News as part of an effort to cut 15 percent of its workforce. “While layoffs…
BuzzFeed News Shutting Down, CEO Says
BuzzFeed is shutting down its news division, the company’s CEO said on April 20. “I am writing to announce some difficult news,” Jonah Peretti, the founder and CEO of BuzzFeed, told employees in a memorandum. The company is closing BuzzFeed News as part of an effort to cut 15 percent of its workforce. “While layoffs…
Elon Musk Threatens to Sue Microsoft Over Alleged ‘Illegal Use’ of Twitter Data
April 20, 2023
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Twitter CEO Elon Musk has threatened to sue Microsoft after accusing the tech giant of illegally using the social media platform’s data for training. “They trained illegally using Twitter data. Lawsuit time,” Musk wrote on Twitter on April 19, without providing further details regarding the allegations. His tweet came shortly after Microsoft announced it is…
Google Wins Appeal of $20 Million US Patent Verdict Over Chrome Technology
Alphabet’s Google LLC on Tuesday convinced a U.S. appeals court to cancel three anti-malware patents at the heart of a Texas jury’s $20 million infringement verdict against the company. The U.S. Court of Appeals for the Federal Circuit said that Alfonso Cioffi and Allen Rozman’s patents were invalid because they contained inventions that were not…
Microsoft Agrees to Buy $50 Million Foxconn Parcel in Wisconsin
MADISON, Wis. (AP) — Microsoft has agreed to buy a $50 million parcel of land in southeastern Wisconsin meant for Foxconn after the world’s largest electronics manufacturer failed to fulfill grandiose promises to build a massive facility that would employ thousands of workers. Microsoft plans to build a $1 billion data center on the 315-acre…
Google Spreads Its Wing Drone Deliveries in Australia
Sushi will take to the skies over another 12 Queensland suburbs after Google’s drone division revealed plans to expand airborne deliveries in Australia. Wing, which operates drones in Canberra and Logan City in Brisbane’s south, will offer flying deliveries to residents in Ipswich for the first time on Thursday after establishing a launch pad at…
Twitter Strips ‘Misgendering’ and ‘Deadnaming’ From Hateful Conduct Policy
April 19, 2023
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Twitter has modified its “hateful conduct” guidelines, removing a policy that designated the targeted “misgendering” or “deadnaming” of transgender individuals as violent speech. In 2018, the platform enacted a policy that labeled it a form of harassment when Twitter users refer to a transgender person by their biological sex or name—something known as misgendering and…
Companies Go Woke, Consumers Fight Back With Their Wallets
April 18, 2023
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As corporate culture goes woke, conservative Americans have punched back. Thanks to organizations like Consumers Research, which examines the actions of corporations and alerts customers if companies go woke, consumers can support businesses that respect and share their values. For example, Bud Light has recently experienced a loss in sales due to its transgender collaboration….
NTD Business (April 18): Default Risk for Office Building Mortgages? Musk Warns AI Could Destroy Civilization
April 18, 2023
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Elon Musk is again warning of dangers posed by artificial intelligence, saying it could destroy civilization. What’s he concerned about? A market veteran gives a new warning about the commercial real estate sector. He says we’ll see more loan defaults. Apple opens its first-ever store in India, underscoring the importance of the market. A second store in…
Encrypted Message Platforms Threaten to Pull Services From UK Over Online Safety Bill
April 18, 2023
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Seven of the world’s leading messaging apps have written a scathing open letter to the UK government over its proposed Online Safety Bill. Bosses from firms including Signal and WhatsApp say the bill would lead to the mass surveillance of personal communications in what would become the “British internet.” Urging ministers to “urgently rethink” the…
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