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List of All Articles with Tag 'world'

Ex-DRW Trader Accused of Stealing Proprietary Quantitative Code
Ex-DRW Trader Accused of Stealing Proprietary Quantitative Code
A former DRW Holdings LLC trader and research analyst was accused in a lawsuit of stealing proprietary computer
2023-09-06 06:27
Coinbase Begins Offering Crypto Loans to Large US Institutional Investors
Coinbase Begins Offering Crypto Loans to Large US Institutional Investors
Coinbase Global Inc. has started a crypto lending service for US institutional investors, seeking to capitalize on the
2023-09-06 06:23
Fitch Braces for More ESG Bonds as Biodiversity Goes Mainstream
Fitch Braces for More ESG Bonds as Biodiversity Goes Mainstream
Bonds tied to biodiversity goals are on track for a record-setting year and this niche area of ESG
2023-09-06 04:56
Zoom CEO Says FTC Should Look at Microsoft Teams Bundle After EU Investigation
Zoom CEO Says FTC Should Look at Microsoft Teams Bundle After EU Investigation
Zoom Video Communications Inc. Chief Executive Officer Eric Yuan said the US Federal Trade Commission should look into
2023-09-06 04:27
DCG’s Genesis Global to Shut Down Crypto Spot Trading Operations
DCG’s Genesis Global to Shut Down Crypto Spot Trading Operations
Genesis Global Trading, an affiliate of Barry Silbert’s Digital Currency Group, will wind down its spot trading crypto
2023-09-06 02:20
Elon Musk vows to sue ADL for calling him antisemitic after he promoted antisemitic campaign on X
Elon Musk vows to sue ADL for calling him antisemitic after he promoted antisemitic campaign on X
Elon Musk has threatened to sue the Anti-Defamation League (ADL) for billions of dollars after quixotically blaming the Jewish rights organisation for spreading antisemitism on his social media platform X. The self-proclaimed “free speech absolutist”, who has amplified and reinstated neo-Nazi and far-right accounts since acquiring X, formerly known as Twitter, for $44bn last year blamed the ADL for “destroying” $22bn in the company’s value in a series of posts on Monday. “Since the acquisition, The ADL has been trying to kill this platform by falsely accusing it & me of being anti-Semitic,” Mr Musk wrote. He claimed that the site’s United States advertising revenue was down 60 per cent “primarily due to pressure on advertisers by ADL”. “If this continues, we will have no choice but to file a defamation suit against, ironically, the ‘Anti-Defamation’ League.” An ADL spokesperson told The Independent in a statement that it did not comment on legal threats, but added that Mr Musk was helping to boost a coordinated “Ban the ADL” campaign being waged by self-declared antisemites. “ADL is unsurprised yet undeterred that antisemites, white supremacists, conspiracy theorists and other trolls have launched a coordinated attack on our organisation. This type of thing is nothing new,” the ADL spokesperson said. “Such insidious efforts don’t daunt us. Instead, they drive us to be unflinching in our commitment to fight hate in all its forms and ensure the safety of Jewish communities and other marginalised groups.” Mr Musk’s threats to sue the ADL, a century-old NGO that describes itself as the “leading anti-hate organisation in the world”, were met with anger and disbelief from some commentators on X. “In his pursuit of some kind of utopian free speech universe, Elon Musk has turned Twitter / X into a free-for-all for Neo Nazis and White Extremists to unleash a torrent of unprecedented antisemitism and Jew hatred,” wrote Israeli human rights lawyer Arsen Ostrovsky. NYU professor Ruth Ben-Ghiat posted: “So it's the Jews manipulating others. Elon Musk that is so original!” Since Mr Musk’s takeover, advertisers have fled the platform or reduced their ad spend as hateful content was allowed to spread unchecked. Mr Musk, the world’s richest person with an estimated net wealth of $248bn, fired an estimated 80 per cent of its workforce, including most of its content moderators, and reinstated previously banned accounts. X’s US advertising revenue over a five-week period from April to May this year came to $88m, a 59 percent decrease from one year ago, according to the New York Times. In August, X filed a lawsuit against the Center for Countering Digital Hate (CCDH) after it published a report showing that moderators had failed to take action on 99 out of 100 examples of harmful content by verified “blue check” users that the organisation had flagged. “Musk is trying to ‘shoot the messenger’ who highlights the toxic content on his platform rather than deal with the toxic environment he’s created,” CEO Imran Ahmed said in a statement. “CCDH has no intention of stopping our independent research – Musk will not bully us into silence.” The Independent attempted to reach Mr Musk through X, Tesla and via a personal email address but did not hear back. Read More Elon Musk calls Burning Man ‘best art on Earth’ amid chaos that saw thousands stranded and one dead Elon Musk promotes transphobic content as hate speech surges on his far-right platform X threatens to sue researchers who accused Twitter of allowing ‘hate to prosper’ on platform
2023-09-06 00:45
US Homebuyers Weigh Climate Risk in Picking a House, Zillow Says
US Homebuyers Weigh Climate Risk in Picking a House, Zillow Says
More than four in five US homebuyers are factoring in climate risks when they shop for a new
2023-09-05 23:20
Kenya Wants Africa to Sell Green Solutions at COP, Not Seek Aid
Kenya Wants Africa to Sell Green Solutions at COP, Not Seek Aid
As leaders convene in Nairobi for Africa’s first climate summit, Kenya’s president William Ruto is making it clear
2023-09-05 19:50
Africa Climate Summit Latest: UAE Pledges $4.5 Billion
Africa Climate Summit Latest: UAE Pledges $4.5 Billion
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 16:27
London and Paris Face Heat Waves as Greece Braces for Floods
London and Paris Face Heat Waves as Greece Braces for Floods
The unseasonably hot weather across northwest Europe will extend into next week, with London set to exceed 30C
2023-09-05 16:25
UAE Pledges $4.5 Billion to Help Finance Africa Climate Projects
UAE Pledges $4.5 Billion to Help Finance Africa Climate Projects
The United Arab Emirates, the host of this year’s United Nations climate summit, pledged $4.5 billion to help
2023-09-05 15:45
One Corner of Crypto Is Back Near a Record High After a $15 Billion Surge
One Corner of Crypto Is Back Near a Record High After a $15 Billion Surge
One corner of crypto has shaken off a prolonged digital-asset slump to come within touching distance of an
2023-09-05 14:22
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