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Meta did not attribute the network of fake Facebook accounts to a particular entity in China. It’s the latest in a series of warnings from tech firms documenting how Chinese propaganda and influence operations have more aggressively targeted American audiences in the last year. It wasn’t clear, Meta said in a report on foreign online threats published Thursday, what the Chinese network of fake accounts was trying to accomplish. While Meta and other tech firms tout their work to protect elections, recent moves by the company also show trends in the other direction. And Meta this month said it would allow political ads on its platforms to question the outcome of the 2020 US presidential election.
Persons: Meta, Ron DeSantis, Nancy Pelosi, Iran —, haven’t, Nathaniel Gleicher, ” Ben Nimmo, , Liu Pengyu Organizations: CNN, Florida Gov, Meta, Republicans, US, of Liberty, Microsoft, Embassy Locations: China, Russia, Iran, Washington
CNN —The Chinese government has built up the world’s largest known online disinformation operation and is using it to harass US residents, politicians, and businesses—at times threatening its targets with violence, a CNN review of court documents and public disclosures by social media companies has found. Victims face a barrage of tens of thousands of social media posts that call them traitors, dogs, and racist and homophobic slurs. While tech and social media companies have shut down thousands of accounts targeting these victims, they’re outpaced by a slew of new accounts emerging virtually every day. As part of a mission “to manipulate public perceptions of [China], the Group uses its misattributed social media accounts to threaten, harass and intimidate specific victims,” the complaint states. In the past, the Spamouflage network mostly focused on issues domestically relevant to China.
Persons: , Xi Jinping, Biden, Mike Gallagher, Chen Pokong, , Chen, , Spamouflage’s, Liu Pengyu, ” Liu, Jiayang, Darren Linvill, hasn’t, Fan, Communist Party playbook, Mandiant, Nancy Pelosi, ” Ben Nimmo, George Floyd’s, Ben Nimmo, Lindsay Gorman, Gorman, ” Linvill, Linvill, Spamouflage, Jiajun Qiu, Qiu, ” Qiu Organizations: CNN, US State Department, FBI, Communist Party, Meta, Google, , CCP, US Department of Justice, Department, DOJ, China’s Ministry of Public Security, Group, New Yorker, telltale, Media, Clemson University, Capitol, Department of Homeland Security, Marshall Fund’s Alliance, Securing Democracy, YouTube Locations: United States, Beijing, San Francisco, China “, New York, China, New York City, America, Washington, Hong Kong, US, Texas, Virginia, Manassas , Virginia
That’s because the Bank of England is now widely expected to hike interest rates even further to tackle inflation that will be exacerbated by the government’s sweeping tax cuts. That means many as 1.8 million borrowers are now hurtling toward a financial cliff as they prepare to refinance next year, when the mortgage rate may well have doubled. The vast majority (nearly two-thirds) of the tax gains go to the wealthiest one-fifth of households, according to one think tank estimate. According to the US Treasury, tax cuts reduced federal revenues by about 9% in the first couple of years. However, Congress eventually decided the sweeping tax cuts were unsustainable and, with Reagan’s approval, raised taxes by a lot in 1982.
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