Twitter’s inaction on ProPublica s story based on the “illegal” leak of confidential tax information of the nation’s wealthiest people comes after the social media network outright blocked users in the run-up to the 2020 election from sharing a New York Post story about Hunter Biden’s laptop. Pictured: Twitter s headquarters in San Francisco. (Photo: Kim Kulish/Corbis via Getty Images)
Twitter took no action on a ProPublica story published Tuesday based on the “illegal” leak of confidential tax information of the nation’s wealthiest people that was shared widely on its platform.
Twitter’s inaction on the tax leak story comes after the social media network outright blocked users in the run-up to the 2020 election from sharing a New York Post story about Hunter Biden’s laptop for violating its Hacked Materials Policy, despite there being no evidence that the Post obtained the laptop as a result of a hack.
Font Size:
A Goldman Sachs survey released Tuesday showed that most small businesses are concerned about inflation, and many have raised their prices due to increasing costs.
The survey found that 48% of small businesses raised the prices of their goods and services due to inflation, according to a survey by Goldman Sachs. Fully 82% of small business owners are concerned about inflation, and 83% have increased their operating costs in the past few months, the survey found.
The small business owners surveyed reported having trouble finding qualified candidates to fit roles in their company. Sixty-two percent of people surveyed cited a limited labor supply, 58% say the generous unemployment benefits, and 46% say high labor costs as the main reasons why they can’t find candidates for their company.
Font Size:
President Joe Biden revoked an executive order that sought to ban downloads of Chinese-owned apps like TikTok and WeChat in the United States, the White House announced Wednesday.
Instead, Biden directed the Commerce Department to evaluate software applications connected with foreign adversaries like China, and “take action, as appropriate,” according to the fact sheet the administration released. The previous slate of executive orders were signed by former President Donald Trump, one of which sought to ban TikTok completely in the U.S.
“The Federal Government should evaluate these threats through rigorous, evidence-based analysis and should address any unacceptable or undue risks consistent with overall national security, foreign policy, and economic objectives, including the preservation and demonstration of America’s core values and fundamental freedoms,” the executive order says. “As warranted, the secretary will determine appropriate actions based on a
Font Size:
Beijing slammed a U.S. bill aimed at bolstering America’s economic edge and countering the influence of the Chinese Communist Party.
“The bill is full of Cold War mentality and ideological prejudice,” the Foreign Affairs Committee of China’s National People’s Congress (NPC) said in a statement reported by The Washington Post Wednesday. “It slanders China’s development path and its domestic and foreign policies.”
The bill, dubbed the U.S. Competition and Investment Act (USCIA), passed the Senate with overwhelming bipartisan support Tuesday. It would inject $250 towards domestic chip manufacturing, artificial intelligence, robotics, quantum computing and more, with $52 billion going specifically to U.S. semiconductor production.
Font Size:
The developer of the Keystone XL Pipeline announced that it was abandoning the contested project months after President Joe Biden revoked the pipeline’s federal permit.
TC Energy permanently canceled further construction of the pipeline after conducting a comprehensive review of its options alongside the Government of Alberta, Canada, which had been a project partner, according to the energy company’s announcement on Wednesday afternoon. The company noted that the project, which had been strongly criticized by environmental groups, was suspended on Jan. 20 after Biden issued an executive order revoking its permit.
“We value the strong relationships we’ve built through the development of this Project and the experience we’ve gained,” TC Energy President and CEO François Poirier said in a statement. “We remain grateful to the many organizations that supported the Project and would have shared in its benefits.”