Vice to file for bankruptcy if it can’t find a buyer as it becomes the latest new media company to collapse with dwindling revenue and interest Vice, founded in 1994 in Montreal as a free magazine: by 2017 it was valued at $5.7 billion, with 3,000 employees The company had a cable network, more than…
Category: Tech
The Dominion vs. Fox defamation case is finally going to trial
One of the most closely watched media trials in decades begins Monday morning in a Delaware courtroom, as Fox News defends itself against a $1.6 billion defamation lawsuit brought by a voting technology company that says its business was severely damaged by lies about a stolen presidential election. The Dominion vs. Fox defamation case is…
Trump was banned by TWITTER Head of safety Yoel Roth met WEEKLY with FBI – and agency flagged election-related content for moderation
Matt Taibbi on Friday posted new internal communications from Twitter staffers They primarily focus on the months leading up to Trump’s 2021 ban from Twitter Show former head of safety Yoel Roth mentioning ‘weekly sync’ with FBI One mentions ‘a report from the FBI concerning 2 tweets’ about elections Taibbi promised more internal document releases over…
CRYPTO MELTDOWN
Sam Bankman-Fried steps down as FTX CEO as his crypto exchange files for bankruptcy Sam Bankman-Fried’s cryptocurrency exchange FTX has filed for bankruptcy. Alameda Research and approximately 130 additional affiliated companies are part of the voluntary proceedings. Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode…
Musk in control of Twitter, ousts top executives
Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Thursday night. The people wouldn’t say if all the paperwork for the deal, originally valued at $44 billion, had been signed or if the deal has closed. But they…
Alex Jones ordered to pay $965 million for Sandy Hook lies
Jurors ordered conspiracy theorist Alex Jones on Wednesday to pay nearly $1 billion to Sandy Hook Elementary School shooting victims’ relatives and an FBI agent, who said he turned their loss and trauma into years of torment by promoting the lie that the rampage was a hoax. The $965 million verdict is the second big…
KANYE BATTLES JEWS LOCKED OUT OF SOCIALS
Kanye threatens to go to WAR with ‘Jewish people’: Claims he can’t be anti-Semitic because ‘black people are actually Jew also’ – after his Insta was restricted for saying Diddy was being controlled by Jewish people After being censored on Instagram, Kanye West returned to Twitter with a tweet suggesting he would be ‘going death…
THE QUEEN IS DEAD
GOODNIGHT MA’AM The Queen dies ‘peacefully’ aged 96 after 70 years of remarkable service leaving Britain and the world in mourning Tributes have also flooded in from other world leaders who met the Queen during her unwavering service. US President Joe Biden hailed the royal as “more than a monarch” and said she “defined an…
MORNING AFTER
A ‘sucker punch’: Some women fear setback to hard-won rights At 88, Gloria Steinem has long been the nation’s most visible feminist and advocate for women’s rights. But at 22, she was a frightened American in London getting an illegal abortion of a pregnancy so unwanted, she actually tried to throw herself down the stairs…
SANDBERG OUT AT FACEBOOK
Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook. Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg. Javier Olivan, the company’s chief growth officer, will take over as COO this fall. Sandberg will continue to…
