November 16, 20240 Comments

WikiLeaks whistleblower Chelsea Manning says censorship is still ‘a dominant threat’

Former U.S. Army intelligence analyst Chelsea Manning says censorship is still “a dominant threat,” advocating for a more decentralized internet to help better protect individuals online. Her comments come amid ongoing tension linked to online safety rules, with some tech executives recently seeking to push back over content moderation concerns. Speaking to CNBC’s Karen Tso at the Web Summit tech conference in Lisbon, Portugal, on Wednesday, Manning said that one

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November 16, 20240 Comments

‘Be on the Right Side of History’ By U.Today

U.Today – Changpeng Zhao, known to many in the crypto community as CZ, has published a tweet to issue an important warning and remind his nine million X followers in light of current events related to and its recent astonishing price surge. CZ warns crypto community against this In his tweet, Changpeng Zhao told his millions of X followers to “be on the right side of history.” He quoted his

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November 15, 20240 Comments

Indexes tumble after Fed comments dent December rate-cut odds

Fed Chair Jerome PowellKent Nishimura/Getty Images Stock indexes retreated as investors digested Thursday commentary from Fed Chair Jerome Powell. The odds of a 25-basis-point rate cut in December fell sharply after Powell’s address. Bond yields also climbed on the comments, and amid signs of economic strength. US equities slumped Friday morning as Wall Street pulled back rate-cut expectations for December. The scaling-back started on Thursday afternoon after Federal Reserve Chair

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November 15, 20240 Comments

Disney parks profits hit records — even before big expansions

People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom. Disney’s theme park division posted record revenue and profit for fiscal 2024, with revenue rising 5% for the full year to $34.15 billion and operating income up 4% to $9.27 billion. Experiences,

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November 15, 20240 Comments

Paul, Tyson fight breaks record for biggest non-Vegas boxing gate

(L-R) Mike Tyson, Nakisa Bidarian and Jake Paul pose onstage during the Jake Paul vs. Mike Tyson Boxing match press conference at Texas Live! in Arlington, Texas, on May 16, 2024. Cooper Neill | Getty Images The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record books. The fight’s promoter, Most Valuable Promotions, which is co-owned by Paul, told CNBC it

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November 15, 20240 Comments

Trump’s win could sharply raise the cost of electric vehicles. Here’s why.

With President-elect Donald Trump vowing to pull the plug on the $7,500 tax credit for buyers of electric vehicles, one EV maker and its billionaire owner are fully behind the idea and even stand to profit from it. “Take away the subsidies, it will only help Tesla,” Tesla owner Elon Musk posted in July on X, the social media platform he owns.  The credit granted to buyers of EVs helped

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November 15, 20240 Comments

Musk’s political ascendancy stirs hopes of redemption for X banks By Reuters

By Shankar Ramakrishnan and Echo Wang (Reuters) – Elon Musk’s political ascendancy has some Wall Street banks hoping they may soon be able to offload $13 billion of debt that backed the billionaire’s purchase of the social media platform X, three banking sources said. Some of the lenders in the consortium, which included Morgan Stanley (NYSE:) and Bank of America, think Musk’s emergence as a close aide to President-elect Donald Trump

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