More than 1 million censorship appeals filed against Facebook ‘Supreme Court’

According to the Facebook Oversight Board’s first annual report, the “Facebook Supreme Court,” also known as the Facebook Oversight Board, received more than a million appeals from users of Facebook and Instagram seeking to challenge business censorship. Facebook ‘Supreme Court’ Hit With More Than 1 Million Censorship Appeals https://t.co/Hbjwjsgcis — Neesie 🇺🇸 (@neesietweets) June 29, […]

Biden administration cancels $6 billion in student loan debt for 200,000 defrauded borrowers

Biden

The Biden administration has agreed to cancel an estimated $6 billion in federal student loan debt for about 200,000 borrowers who have claimed they were defrauded by their college. The administration had previously approved $25 billion in loan forgiveness for 1.3 million borrowers. Around 43 million Americans have federal student loan debt. More than 150 institutions are […]

Poll: Voters more worried about economy than abortion heading into midterms

According to a survey by Monmouth University Poll released on Thursday, voters’ priorities have drastically changed since the 2018 midterm election cycle, when health care ranked as their top worry for 28% of voters. This year, only 16% of respondents said the same. Voters are more concerned about the status of the economy than they […]

Elon Musk’s $44 billion takeover bid unanimously approved by the Twitter board

According to a regulatory statement on Tuesday, the board of the microblogging platform Twitter has unanimously recommended that the shareholders of the business approve Elon Musk’s proposed $44 billion takeover bid, bringing an abrupt end to the speculation about whether or not Musk’s bid to take over Twitter would actually pan out.  The board of […]

Report: Fox News pays $15 million to ex-host after gender pay disparity claims

Fox

Melissa Francis, a former Fox News host who filed a complaint with New York state’s labor board alleging the media firm of paying her less than her male colleagues, is said to have received a $15 million settlement. According to the Washington Post, Fox News agreed to the payment, citing documents obtained and examined by […]

ExxonMobil retaliates after President Biden threatens energy producers

According to a statement released on Wednesday by the company, ExxonMobil said it has been in regular touch with the administration, offering information on how it has been investing “more than any other company to develop U.S. oil and gas supplies.” ExxonMobil fired back when President Joe Biden threatened them with “emergency powers” if they didn’t increase production to […]

Report: Facebook hit with 8 lawsuits for ‘exploiting young people for profit’

According to Mashable, the law firm Beasley Allen has filed eight cases against Facebook (now known as Meta), alleging that the company’s platforms Facebook and Instagram have harmed young people’s mental health. Eight lawsuits have been filed around the country arguing that Facebook’s platforms are detrimental to the health of young people. Meta not only […]

Inflation could hit 9%, top economist Mohamed El-Erian warns

After inflation soared to 8.6% in May, top economists and businessmen are sounding the alarm about the economy and warning that a recession could be on the way. On CBS News’ Face the Nation on Sunday, Mohamed El-Erian, Allianz’s chief economic adviser, warned that inflation in the United States might reach 9%. When inflation fell […]

Disney shares close under $100 for the first time in more than two years

The Walt Disney Company’s stock extended its precipitous fall this week, falling 9% to settle at $99.40 on Friday, the first time the company has closed below $100 in more than two years. Shares of the Walt Disney Co. continued their free fall this week, dropping 9 percent to close Friday at $99.40 — the […]

$48 billion aid package for restaurants and small businesses blocked in Senate

A bipartisan bill to offer $48 billion to restaurants, gyms, and other small companies affected hard by the pandemic was blocked by the Senate on Thursday. Senators voted 52-43 to take a vote on the bill, falling short of the 60 votes required to advance. Only five Republican senators voted in favor of the motion […]