Apple threatened to remove Twitter from App Store

By Cat Zakrzewski, Faiz Siddiqui and Jeremy B. Merrill Elon Musk on Monday tweeted that Apple, Twitter’s top advertiser, threatened to block the social network from its App Store without explanation and mostly had stopped advertising on Twitter. The tweet underscored the immense power that Apple,the world’s most valuable company, wields over the fate of […]

Crypto firm BlockFi files for bankruptcy as FTX fallout spreads

MacKenzie Sigalos | Lillian Rizzo | Rohan Goswami Distressed crypto firm BlockFi has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey following the implosion of putative acquirer FTX. In the filing, the company indicated that it had more than 100,000 creditors, with liabilities and assets […]

The rats have pulled into town

Buddy the Rat is a New York City sensation. The man-sized “rat” crawls through the city, charges at crowds gathered around NYC landmarks, climbs over trash cans, and—in a reference to the infamous pizza rat—carries a giant slice of pizza up subway stairs. Buddy draws a crowd whenever he appears. Curious New Yorkers pull out their […]

Tech giants are in their dial-up era

American heavyweights that were once considered unstoppable are, for the first time in years, looking a little washed up. We’re not talking about Tom Brady and Aaron Rodgers. This is about America’s internet giants, which are slumping hard in this era of higher interest rates, lower advertising budgets, and widespread economic uncertainty. Yesterday, Meta became […]

Student loan wealth transfer (USA)

President fuels inflation and bad choices with $300 billion payout. By Dallas Morning News Editorial Another day, another great wealth transfer. President Joe Biden has delivered on his campaign promise of student loan debt relief with a $300 billion plan that will take money from blue-collar workers and turn it over to white-collar workers. When Democrats […]

Americans’ trust in news media hits new lows.

Media Confidence Ratings at Record Lows BY MEGAN BRENAN STORY HIGHLIGHTS 16% of Americans have a great deal/quite a lot of confidence in newspapers 11% have same the degree of confidence in television news Democrats’ confidence low but higher than Republicans’, independents’ WASHINGTON, D.C. — Americans’ confidence in two facets of the news media — […]

Meta and Sheryl Sandberg’s breakup is getting messy.

Meta Scrutinizing Sheryl Sandberg’s Use of Facebook Resources Over Several Years Review focuses on the extent to which staffers worked on her personal projects By Jyoti Mann | MSM, source : Business Trader The owner of Facebook opened an investigation last fall into the conduct of Sheryl Sandberg, who stepped down as chief operating officer […]

Platinum Jubilee Begins

Queen Elizabeth II’s Platinum Jubilee: What to know about Britain’s big royal party The 4-day festival of royal pageantry and public partying to mark her 70-year reign may be the final time the queen is celebrated on such a grand national stage. By Alexander Smith LONDON — Few nations have thrown a party like this.  Britain […]

Twitter Ultimatum

at least 20% of Twitter’s 229 million daily active users are spam Elon Musk said yesterday his $44B deal to buy Twitter can’t move forward unless the company proves that fewer than 5% of total users are fake. The CEO of Tesla and SpaceX has been vocal about wanting to clean up spam bots and estimates at least 20% of Twitter’s 229 million daily active users […]