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Robert F. Kennedy Sues Meta Platforms, CEO Mark Zuckerberg, Accuses Social Media Giant Of Suppressing Third-Party White House Campaign
Tuesday, May 14, 2024 - 4:10pm | 536Independent presidential candidate Robert F. Kennedy Jr. is suing Meta Platforms (NASDAQ:META) alleging a campaign ad was suppressed, and an effort is being made to lessen his chances of winning the 2024 election. What Happened: Running as an Independent in the 2024 presidential election, Kennedy...
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Snapchat, Facebook And TikTok Are Being Sued: Here's Why It's Different This Time
Saturday, August 20, 2022 - 1:40pm | 671Three popular social media networks are being sued over claims of creating mental health problems. Here are the key details. What Happened: Lawsuits have been filed by the Social Media Victims Law Center against Snap Inc (NYSE: SNAP) owned Snapchat, Meta Platforms Inc (NASDAQ: META) owned Facebook...
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Fintech Focus For February 9, 2021
Monday, February 8, 2021 - 8:32pm | 2129Quote To Start The Day: If you can change your mind, you can change your life. Source: William James One Big Thing In Fintech: Tesla has disclosed in an SEC filing published Monday that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide...
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Social Media Curbs Missing From Bipartisan Defense Bill Deal — Trump Threatens Veto Again
Friday, December 4, 2020 - 4:07am | 549Outgoing President Donald Trump late Thursday threatened to veto the National Defense Authorization Act (NDAA) bill again, despite the Republicans and the Democrats on both the House and the Senate armed services panels, reaching a bipartisan agreement. In a tweet, Trump...
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Option Trader Bets $1.5M On Facebook Despite Trump's Section 230 Threat
Wednesday, December 2, 2020 - 3:10pm | 689Facebook, Inc. (NASDAQ: FB) shares gained 1% on Wednesday after President Donald Trump threatened to remove a key legal protection for social media companies. Trump threatened to withhold military funding unless Section 230 of the National Defense Authorization Act (NDAA) is removed, but at least...
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Trump Holds Defense Bill Hostage To Force Section 230 Repeal
Wednesday, December 2, 2020 - 4:40am | 460Repeal Section 230 or prepare for a veto on the National Defense Authorization Act, outgoing President Donald Trump warned Congress in a series of tweets. What Happened: Trump took potshots at social media companies again late Tuesday and wants their "liability shield" repealed...
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Facebook Prepares To Cozy Up To The Biden Administration: FT
Monday, November 23, 2020 - 7:53am | 546Facebook, Inc (NASDAQ: FB) is looking to warm up to the incoming Biden administration in a bid to fend the threat of heavy regulations or a break-up during President-elect Joe Biden's term in office, the Financial Times reports. What Happened: The Mark Zuckerberg-led social...
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How The 2020 Presidential Election Could Impact Tech Stocks
Tuesday, November 3, 2020 - 12:50pm | 715Technology stocks have been one of the best performing sectors in 2020. The bad news: both presidential candidates have problems with the large tech companies, which could lead to changes and break-ups. What A Trump Win Means For Tech President Donald Trump has been vocal of his dislike of ...
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Section 230 'Going Nowhere,' But Google Has True Antitrust Risk, Munster Says
Thursday, June 18, 2020 - 11:27am | 451Potential changes to Section 230 of the Communications Decency Act of 1996 are "going nowhere," but mega-cap tech giants will face new legal challenges in the coming years, Loup Ventures' Gene Munster said Wednesday on CNBC's "Fast Money." Munster Says Google Most...