Keyword: bigtech
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Sen. Ted Cruz offered support for Sen. Elizabeth Warren on Tuesday after her ads were taken off Facebook. The 2020 Democratic presidential contender had called for the breakup of big tech companies, including Facebook, in the ads.
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Technology companies must take a moral stand against hate speech, said Apple CEO Tim Cook on Monday during a speech at the Anti-Defamation League. “I sometimes say that I worry less about computers that think like people and more about people that think like computers, without values or compassion, without concern for consequences,” Cook said, as he accepted the Anti-Defamation League’s first-ever “Courage Against Hate” awardon Monday night, an honor that will be given each year to a business leader who champions equality. The Apple CEO had a message for anyone trying to push hate, division or violence: “You have no...
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*BIG SNIP* Which brings us to the common share-price-depressant: the fear of regulation, a sense that the party is over for Facebook, Google, and Amazon, just as it was for John D. Rockefeller’s oil monopoly in 1911. (Netflix is not a target, since it lacks market power; its stock, down 37 percent from its June high, remains 29 percent above its price at the start of the year; and Apple is of less concern to politicians.) Gone are the days when then-chairman of Google, Eric Schmidt, is said, whether in jest or seriously is uncertain, to have never needed Washington...
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Facebook is on track to post its longest losing streak ever, and some say there’s more pain ahead Facebook is on track to post its longest losing streak ever, and some say there’s more pain ahead 4:52 PM ET Fri, 16 Nov 2018 | 04:19 Facebook is facing a mountain of problems. The social media giant's stock fell nearly 5 percent on Monday, hitting its lowest level since February 2017, as the social media company came under fire after a damaging report about its top management in The New York Times. Facebook is poised to close its third straight month...
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The FAANG stocks — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet — all fell in Tuesday trading. The five "FAANG" stocks have collectively lost more than $1 trillion in market value from recent highs through Tuesday's early trading. The FAANG stocks — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet — all fell again on Tuesday. Amazon, Apple and Netflix led the group's losses, each falling more than 3 percent. Combined market capitalization losses since their 52-week highs hit $1.02 trillion on Tuesday: Facebook: $253 billion Amazon: $280 billion Apple: $253 billion Netflix: $67 billion Alphabet: $164 billion The five tech...
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New York (CNN Business)Stocks fell sharply Monday, dragged down by reports that Apple's newest line of phones may not be selling as well as Apple or its investors had hoped. The Dow fell more than 500 points and the Nasdaq tumbled 2.8%. Apple's stock fell once more after the Wall Street Journal reported that Apple has cut orders for its iPhone XR, iPhone XS and iPhone XS Max. The new iPhones, which Apple unveiled in September, cost more than previous versions. The $749 iPhone XR is the least expensive new iPhone, but it costs $50 more than last year's cheapest...
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Stocks around the world tumbled Tuesday, putting major U.S. indexes at risk of closing below their October lows and wiping out yearly gains. What started as a technology company selloff bled into other corners of the market, as investors dumped shares of everything from retailers to oil-and-gas companies in favor of relatively safe assets such as bonds and reliable dividend payers like utility companies. The result: Some traders who stepped in to scoop up shares in late October, hoping for a quick rebound, are now in danger of losing those potential profits and more. That puts the stock market in...
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President Donald Trump’s crackdown on the controversial H-1B visa is wreaking havoc on U.S. employers, says a group whose members include many of Silicon Valley’s largest technology firms.
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LifeSite, a Christian pro-life news outlet, was allegedly blacklisted by its web host and given just 12 hours to find another host the website, or risk being offline. “LifeSite just received an email at 8:30 p.m. EST from our web-hosting company alerting us that they will be taking our website down within 12 hours, if not sooner,” claimed LifeSite in a statement, Saturday. “We received absolutely no forewarning whatsoever about this decision.” “Our web developer is scrambling right now to set up a possibly-needed temporary solution to keep the website live. However, we’re going to have to go through the...
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So that's Big Tech, advancing little minds and big lies--and inviting big destruction With perhaps the most significant midterm election in decades nigh, big tech’s censorship of conservatives has kicked into high gear. And while Facebook’s recent purge of right-leaning pages is obvious and has made news, perhaps just as destructive is the stealth censorship. A good example may be the report of WordPress’ “statistics shadowbanning” of Whatfinger News. Whatfinger is an increasingly popular news aggregator that is run by military veterans; it’s like a non-establishment version of Drudge, only more comprehensive, more conservative, and more interesting.
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U.S. stock index futures tanked ahead of Thursday's open, as the global market rout continued to thrash stocks. Around 7 a.m. ET, Dow Jones Industrial Average futures sank 205 points, indicating a loss of about 300 points at the open. S&P 500 and Nasdaq 100 futures also pointed to sharp drops at the open. Tech shares were also headed for a steep decline after posting their worst day in seven years in the previous session. Facebook and Apple were both down more than 1 percent in the premarket, while Amazon and Netflix dropped at least 2 percent each. Twitter and...
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Does big tech have a political bias problem? Companies like Facebook and Google have sworn up and down that they’re apolitical … but a growing amount of evidence is raising hard questions about the corporate culture within these brands. On Saturday, one of Google’s top people single-handedly brought those questions to the surface again. After Brett Kavanaugh was confirmed as the next Supreme Court justice, the tech company’s design lead went on a hateful rant on Twitter. “You are finished, @GOP,” posted Dave Hogue, whose bio states that he holds a design lead position at Google. “You polished the final...
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A noted researcher describes 10 ways Google, Facebook, other companies could shift millions of votes in the US midterms
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Today I ran searches for information about the scandal in the Catholic Church. I specifically wanted news related to Italian newspaper reports which hinted that Pope Benedict's dossier on the Gay mafia within the Church was going to be made public. I got little or nothing on the mainline search engines - Google returning only generalized references to the scandal from Legacy media. I used DuckDuckGo and found sites from alternative Traditional Catholic online sources (ChurchMilitant -OnePeterFive) listed right off on the first page. It seems that search algorithms defer. At the risk of asking a stupid question when I...
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Representatives from a host of the biggest US tech companies, including Facebook and Twitter, have scheduled a private meeting for Friday to share their tactics in preparation for the 2018 midterm elections.
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Big Tech has a big bias problem. Social media platforms that once facilitated the free exchange of ideas and information are now actively seeking to silence and censor conservative opinions. This new Orwellian impulse that is taking over Big Tech is particularly problematic because social media websites, which are supposed to be safe spaces for all free speech, get special legal perks. Under Section 230 of the Communications Decency Act, websites such as Facebook and Twitter are not treated as publishers of “information provided by another” — which would subject them to libel laws and other headaches publishers have to...
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Sen. Elizabeth Warren, D-Mass., insists that “competition is dying” in the tech industry because of giant corporations like Google, Amazon, and Apple. But to entrepreneur Christopher Searles, they don’t pose a threat to companies like his. In fact, quite the opposite, he tells The Daily Signal. “As a tech entrepreneur and small business owner, I don’t see any of these companies as holding me back. Rather, they enable me to do things that I would never have been able to do 20 years ago,” Searles said in a phone interview. “We need to spend our resources encouraging and promoting innovation...
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