Shares of Trump Media & Technology Group (DJTWW, DJT) rose as much as nearly 13% in premarket trading on Friday after President Joe Biden’s faltering performance against Republican rival Donald Trump at the first 2024 U.S. presidential debate. Shares of Trump Media & Technology Group (TMTG), which owns Trump’s social media platform Truth Social, was […]
Tag: media
Futures rise in countdown to key inflation data, Trump Media spikes
(Reuters) – Nasdaq and S&P 500 futures rose on Friday on hopes of inflation moderating in a report closely monitored by the Federal Reserve, while Trump Media & Technology Group’s shares jumped after a weak showing from Joe Biden in a presidential debate. The Commerce Department’s data is expected to show personal consumption expenditures (PCE) […]
Top liberal media voices turn on Biden
The News Prominent liberal columnists are calling for President Joe Biden to step aside following a widely-panned debate performance against former President Donald Trump. Before the debate concluded, New York Times columnist Nick Kristof said he hoped Biden would step aside and allow another Democratic politician to be nominated and challenge Trump. Others echoed Kristof’s […]
Biden freezing on stage during debate draws fire on social media
WASHINGTON − President Joe Biden freezing on stage when discussing healthcare and the economy quickly drew fire on X, formerly Twitter. The freeze came when Biden was slamming former President Donald Trump for having high debt levels under his administration and mentioned increasing taxes on billionaires. He concluded his answer after a brief pause with […]
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Supreme Court tosses out claim Biden administration coerced social media companies to remove content
WASHINGTON — The Supreme Court on Wednesday threw out claims that the Biden administration unlawfully coerced social media companies into removing contentious content. In reaching its conclusion, the court overturned an injunction that would have limited contacts between government officials and social media companies on a wide range of issues if allowed to go into […]
Hungary blocks joint EU statement denouncing Russia’s media ban
Hungary once again waged its veto to derail the European Union’s foreign policy on Wednesday by blocking the release of a joint statement denouncing the Kremlin’s recent decision to ban 81 European media outlets in Russia. The outlets targeted by Moscow include well-known brands in Europe, such as Austria’s ORF, Germany’s Der Spiegel, Ireland’s RTE, […]
SCOTUS rejects suit alleging federal government bullied social media into censoring content
A lawsuit filed by attorneys general in Missouri and Louisiana alleged the federal government pressured social media companies to target conservative speech across a range of topics, from the efficacy of vaccines to the integrity of the 2020 presidential election (Photo Illustration by Justin Sullivan/Getty Images). The U.S. Supreme Court on Wednesday rejected arguments by […]
The Supreme Court rules for Biden administration in a social media dispute with conservative states
WASHINGTON (AP) — The Supreme Court on Wednesday sided with the Biden administration in a dispute with Republican-led states over how far the federal government can go to combat controversial social media posts on topics including COVID-19 and election security. By a 6-3 vote, the justices threw out lower-court rulings that favored Louisiana, Missouri and […]
Supreme Court sides with Biden administration over conservative states in dispute over social media posts
The Supreme Court sided with the Biden administration on Wednesday in a debate over whether it was a violation of the First Amendment for the federal government to police what they consider to be misinformation on social media, on topics including the 2020 election results and COVID-19 vaccines. The 6-3 vote reversed the Fifth Circuit […]
Huawei’s Ren Zhengfei seen with disgraced pianist Li Yundi, sparking speculation on Chinese social media
Huawei Technologies founder and chief executive Ren Zhengfei has whipped up a storm on Chinese social media after he was seen with disgraced Chinese classical pianist Li Yundi, when they visited the telecommunications equipment giant’s Songshan Lake campus in Dongguan over the weekend. Ren, 79, accompanied Li on a tour of the European-themed campus – […]
Russia blocks dozens of independent media outlets
The Kremlin has said it is blocking 81 European publications in retaliation for an EU ban on some Russian outlets. Magazines, public broadcasters and newspapers from 25 out of 27 EU member states will become inaccessible inside Russia. The Russian government said it was imposing “proportional countermeasures” to an EU decision to block Russian outlets […]