A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — Reddit investors have been the butt of many jokes over the last few years, […]
Washington CNN — Congress, the White House and now the US Supreme Court are all focusing their attention on a federal law that’s long served as a legal shield for online platforms. This week, the Supreme Court is set to hear oral arguments on two pivotal cases dealing with online speech and content moderation. Central […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN — Meme stock mania was supposed to be over, right? Guess what: It’s not. Sure, the entire market did well in January. But many of the Reddit/WallStreetBets darlings of two […]
CNN — Romanian authorities said they have seized nearly $4 million worth of assets belonging to controversial internet personality Andrew Tate over the past week as he and his brother are investigated on allegations of human trafficking and rape. Roughly 18 million lei, equivalent to $3,942,700, has been seized, the country’s Asset Recovery and Management […]
Hong Kong CNN — The sprawling Chinese metropolis of Chongqing announced Sunday that public sector employees testing positive for Covid-19 can go to work “as normal,” a remarkable turnaround for a city that only weeks ago had been in the throes of a mass lockdown. The move comes as China continues to quickly unravel its […]
CNN — Eight months since El Salvador’s President Nayib Bukele announced a war on gangs, an estimated 2% of the country’s adult population – or roughly 100,000 people – are now behind bars. Bukele’s crackdown this year, prompted by a bloody killing spree by gangs that saw dozens of people killed in March, placed El […]
Meta lawsuit: An Ethiopian professor was murdered by a mob. Son alleges Facebook fueled the violence
CNN — The son of an Ethiopian chemistry professor who was killed during unrest in the country last year has filed a lawsuit against Meta, Facebook’s parent company, alleging that the social media platform is fueling viral hate and violence, harming people across eastern and southern Africa. Abrham Meareg Amare claims in the suit that […]
New York CNN Business — Here’s more bad news for Tesla CEO Elon Musk — as if he needs any. Investors who took short positions in Tesla stock have made an $11.5 billion profit so far this year, according to Wall Street analytics firm S3 Partners, as Tesla shares lost about half their value. That’s […]
New York CNN Business — It’s time to sing a requiem for a meme. Meme stocks, that is. Companies that attracted rabid followings from traders on Reddit and other social media sites in 2021 are struggling. Just look at GameStop. Shares of the video game retailer, which will report its latest results after the closing […]
