Business

Britain May Ban Rumble Platform Under Coming Law

The Times Of London reports: The “free speech” website that hosts Russell Brand could be forced out of the UK under new online safety laws, experts have said. Rumble, a video-sharing platform based in North America, has become home to Brand and other figures with extreme views, including Andrew Tate and Alex Jones, the conspiracy theorist. It also hosts extreme …

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Target To Close Nine Stores Due To “Organized Theft”

Axios reports: Target announced Tuesday that it is shuttering nine stores on Oct. 21 because “theft and organized retail crime are threatening the safety of our team and guests.” Organized retail crime accounted for $112.1 billion in losses in 2022, a National Retail Federation report released Tuesday found. Organized retail crime — where gangs of thieves swarm stores for products …

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FTC And 17 States File Antitrust Suit Against Amazon

The Washington Post reports: The Federal Trade Commission and 17 state attorneys general filed a sweeping antitrust lawsuit against Amazon Tuesday, a long-awaited move that seeks to bar the company from allegedly abusing its powers to raise prices for shoppers and levy high fees against businesses that sell on its platform. The FTC alleges that Amazon engages in illegal behavior …

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UK Supermarket Chain Head Retracts His Claim That Staff Contracted HIV In “Needle Attacks” By Shoplifters

The BBC reports: The boss of Iceland [supermarket chain] has been forced to apologise and retract a claim that three staff contracted HIV as a result of needle attacks. Richard Walker said he made comments in “error” in a “draft article” about threats of violence against store workers by shoplifters for Mail Online. Politicians and charities had called for him …

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Orlando To Miami High-Speed Rail Service Launches

Click Orlando reports: Travelers can officially ride a high-speed train from Orlando to Miami. After years in the making, Brightline on Friday launched its first trains from Orlando and Miami on the grand opening of its new connecting service. The rail system provides service between Miami and Orlando International Airport, with stops throughout South Florida. The high-speed train travels up …

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Yelp Names Businesses Caught Buying Fake Reviews

Engadget reports: Since 2012, Yelp has caught nearly 5,000 businesses engaging in shady tactics, like paying customers for favorable ratings or hiring people to write phony reviews. Now, the company has a new tool to help people — and maybe the feds — track businesses that have tried to manipulate their standing on the review platform. Yelp is releasing a …

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Major Companies Pull Rumble Ads Over Russell Brand

The Guardian reports: A number of large companies have pulled their advertisements from the video platform Rumble, where Russell Brand broadcasts his weekly show, in the week since allegations of rape and sexual assault against the comedian came to light. The News Movement reported on Friday that Burger King, Asos, the Barbican and HelloFresh, the recipe box delivery service, had …

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United Auto Workers To Expand Strike To 20 States

The Associated Press reports: The president of the United Auto Workers said Friday the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states. Ford was spared additional strikes because the company has met some of the union’s demands during negotiations over the past week, said UAW President Shawn …

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Cyberattack On Las Vegas Casinos Ended After 10 Days

The Associate Press reports: MGM Resorts brought to an end a 10-day computer shutdown prompted by efforts to shield from a cyberattack data including hotel reservations and credit card processing, the casino giant said Wednesday, as analysts and academics measured the effects of the event. “We are pleased that all of our hotels and casinos are operating normally,” the Las …

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Musk’s Neuralink Seeks Volunteers For Brain Implants

Ars Technica reports: After years of delays, regulatory rejections, and allegations of animal abuse, Elon Musk’s brain-computer interface company, Neuralink, is now recruiting its first human volunteers to have an experimental robot implant an experimental device directly into their brains. In a blog post Tuesday, the company announced that an independent institutional review board and an unnamed hospital site granted …

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Musk Floats “Small Monthly Payment To Use X System”

Mediaite reports: Elon Musk, the CEO of Twitter/X, is floating an idea that he’s had before, but never mentioned publicly, to remedy the problem of social media bots: charging people to use social media. It’s not the first time Musk has proposed making people pay to use X, which has, according to multiple reports, descended into a chaotic haven for …

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Tim Cook: Apple Torn About Pulling Ads From Twitter

The Messenger reports: Apple execs are engaged in an ongoing internal debate over ads for the company’s products and services on X, formerly Twitter, as a result of antisemitic content on the platform, Apple boss Tim Cook said in a new interview with CBS News. Speaking with John Dickerson, Cook said continuing ads on the platform was “something that we …

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Erdogan Asks Musk To Build Tesla Factory In Turkey

Reuters reports: Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country’s communications directorate said on Monday. It cited Musk as saying that many Turkish suppliers are already working with Tesla and that Turkey was among the most important candidates for its next factory. Erdogan and Musk were speaking during a meeting …

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Twitter Yanks Blue Check From Striking Auto Union

The Intercept reports: After members of the United Auto Workers walked off the job at midnight, Twitter stripped the union of its account verification without notice, according to a UAW official. The account, as of publication time, lacked verification — but its blue check was restored shortly after the story began circulating widely. The move by Elon Musk followed the …

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Bloomberg: Disney In Discussions To Sell ABC Network

Bloomberg News reports: Walt Disney Co. has held exploratory talks about selling its ABC network and TV stations to local broadcaster Nexstar Media Group Inc., according to people familiar with the discussions. The talks are preliminary and haven’t involved a specific valuation. Disney, in a statement, said that while it’s still considering a variety of strategic options for its traditional …

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United Auto Workers Launch “Limited, Targeted” Strike

The New York Times reports: Members of the United Auto Workers began a strike Friday at three plants in the Midwest, walking out amid a contract dispute over pay, pensions and work hours at the three Detroit automakers. The strike of each of the three Detroit automakers is not a full-scale walkout by the union’s roughly 150,000 members, but a …

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Las Vegas Cyber Attack Continues Into Third Day

NBC News reports: MGM Resorts on Wednesday said that a cyber incident that has significantly disrupted properties across the United States for the past three days represents a material risk to the company. At the same time, the major credit rating agency Moody’s warned that the cyberattack could negatively affect MGM’s credit rating, saying the attack highlighted “key risks” within …

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Gasoline Prices Fuel Uptick In US Inflation Rate

Reuters reports: U.S. consumer prices increased by the most in more than a year in August amid a surge in the cost of gasoline, but a moderate rise in underlying inflation could encourage the Federal Reserve to keep interest rates on hold next Wednesday. The consumer price index increased by 0.6% last month, the largest gain since June 2022, the …

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Anti-Hate Group: Twitter/X Allows 86% Of Hateful Posts

The Center On Countering Digital Hate reports: New research by CCDH shows that X (formerly Twitter) continues to host nearly 86% of a set of 300 hateful posts after a week since we reported them. As of September 7th 2023, tweets promoting and glorifying antisemitism, anti-Black racism, neo-Nazism, white supremacy and/or other racism were still up. CCDH also found dozens …

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Hackers Paralyze Multiple Las Vegas Casinos & Hotels

TechCrunch reports: Hotel and casino giant MGM Resorts has confirmed a “cybersecurity issue” is to blame for an ongoing outage affecting systems at the company’s Las Vegas properties. “MGM Resorts recently identified a cybersecurity issue affecting some of the company’s systems,” the company said in a statement posted to X, formerly Twitter, on Monday. According to reports on social media, …

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