The world’s top megabillionaires — a list dominated by Big Tech and Wall Street barons — enjoy a gamut of luxuries that are unfathomable for most of us. Jeff Bezos owns a half-billion-dollar superyacht. Mark Zuckerberg’s portfolio of lush properties that stretches from Palo Alto to Miami Beach is worth nearly as much. Elon Musk’s wealth roughly equals the gross domestic product of Ireland or…
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Late-night comedian Stephen Colbert has ended his 11-year run as host of The Late Show on CBS. His program’s cancellation removes one of President Trump’s most vocal critics from the airwaves and comes after the comedian criticized his own employer for agreeing to pay $16 million to settle a lawsuit brought by President Trump. The settlement came as CBS parent company Paramount was seeking the…
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Federal Communications Commission (FCC) Chair Brendan Carr made a social media post on March 15 that free speech advocates say will go down in history as a blatant attempt at wartime censorship. Instead of warning consumers about current efforts by billionaire oligarchs to consolidate cable news broadcasters under their control, the FCC chair threatened the broadcasters by suggesting they…
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Following an increased re-bid from Paramount Skydance to purchase Warner Bros. Discovery, the online streaming service company Netflix has bowed out of the running. The decision, made on Thursday, means that Paramount Skydance will likely be approved for the purchase of the company, whose portfolio includes the news organization CNN. In a joint statement, Netflix co-chief executives Ted…
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Well-known Gaza journalist Bisan Owda has been banned from TikTok, she says, just days after the finalization of the company’s sale to U.S. investors — including a firm headed by the notoriously pro-Israel Larry Ellison. Owda announced the censorship of her account in a video on Instagram on Wednesday, saying that TikTok had banned her permanently. She had 1.4 million followers on the…
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After years of bipartisan attacks on TikTok and its parent company ByteDance, which for a time included an effort to potentially ban the social media app in the U.S., a new U.S. TikTok spinoff has been announced, set to be owned and overseen by a tight-knit consortium of tech and financial megabillionaires, many of whom have had direct business relationships with Trump and members of his…
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