DIRS.INFO The most relevant business & tech news

ETFs are a wrapper for individual assets such as stocks and bonds, similar to mutual funds. However, many ETFs have better tax efficiency and lower expense ratios than mutual funds, driving many investors to make the switch. "ETFs have come a long way over the past 15 to 20 years," said certified financial planner Barry Glassman, founder and president of Glassman Wealth Services in McLean, Virginia. In 2022, investors sold more than $900 billion from mutual funds and poured roughly $600 billion into ETFs, according to Morningstar data. The most attractive feature of an ETF is that most don't distribute capital gains at the end of the year.

Persons: Barry Glassman, " Glassman, Cathy Curtis, Marguerita Cheng, Kamila Elliott, Cheng Organizations: Wealth, CNBC's, Morningstar, CNBC's FA Council, Curtis Financial, Blue, Global Wealth, Wealth Partners Locations: McLean , Virginia, Oakland , California, California, Gaithersburg , Maryland, Atlanta

The large majority, though, have been filed against the state, New York City and local counties and involve allegations of abuse at state prisons and local jail systems. Like, who was I?” said Alexandria Johnson, who says she was raped multiple times while incarcerated in state prison and a New York City jail. The act was modeled after a previous New York law offering people abused as children a temporary window to file claims. Brand was accused in a lawsuit of sexually assaulting a film extra during the making of “Arthur” in 2010. His firm said it made more than 1,200 filings alleging abuse in state prisons and more than 470 alleging abuse at New York City's Rikers Island complex.

Persons: Donald Trump, Sean “ Diddy ” Combs, Russell Brand, ”, Alexandria Johnson, “, Liz Roberts, Kathy Hochul, Jean Carroll, Trump, Harvey Weinstein, Julia Ormond, Weinstein, Antonio “ L.A, ” Reid, Drew Dixon, Reid, Combs, Cassie, Brand, “ Arthur ”, Bill Cosby, Joan Tarshis, Cosby, Tarshis, Adam Slater, Anna Kull, Johnson, ” Kull, Mallory Allen, Darius Paduch, Paduch, James O'Connell, glimpsing, ” O'Connell Organizations: Adult Survivor, Roman Catholic Church, Gov, Trump, Arista Records, Associated Press, New Locations: ALBANY, N.Y, York, New York City, New York, California, British, Carroll, Ormond, Dixon

☆ Couple with $30,000 in credit card debt bought a timeshare—'You don't understand the implications,' says self-made millionaire
▼ + stars: | 2023-11-19 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Ron and Cristina, however, have around $30,000 in credit card debt, the couple recently told self-made millionaire Ramit Sethi on the Netflix star's "I Will Teach You to be Rich" podcast. "The two of you were so calm about this credit card debt, and it's because you don't understand the implications of this debt," Sethi told them. He is loath to spend money on things like dinner at a restaurant or the occasional vacation Cristina wants to plan. "Money is never simply a series of numbers on a page — it's contextualized within your culture, your upbringing, your risk tolerance, even your basic understanding of money," Sethi said. In talking with Sethi, Ron realized a lot of his hesitancy to spend money comes from his upbringing, since his father was afraid to spend money.

Persons: Ron, Cristina, Ramit Sethi, Rich, Sethi, spender, doesn't, haven't Organizations: Federal Reserve, Netflix Locations: Philippines

[1/3] Spectators look on as SpaceX's next-generation Starship spacecraft, atop its powerful Super Heavy rocket, is prepared for launch from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 17 2023. Starship is mounted atop its towering Super Heavy rocket booster in what will be the second attempted flight of both vehicles together. The launch had been scheduled for Friday but was pushed back by a day for a last-minute swap of flight-control hardware. SpaceX is aiming to at least exceed Starship-Super Heavy's performance during its April 20 test flight, when the two-stage spacecraft blew itself to bits less than four minutes into a planned 90-minute flight. SpaceX has since reinforced the launch pad with a massive water-cooled steel plate, one of dozens of corrective actions that the U.S. Federal Aviation Administration required before granting a launch license on Wednesday for the second test flight.

Persons: Joe Skipper, SpaceX's, Elon Musk, Artemis, Bill Nelson, Nelson, Musk, Joey Roulette, Steve Gorman, Will Dunham Organizations: Boca Chica, REUTERS, blastoff, NASA, Saturn, SpaceX, Reuters, U.S . Federal Aviation Administration, Thomson Locations: Brownsville , Texas, U.S, CHICA , Texas, Texas, of Mexico, Boca Chica, Hawaii's, Mars, China, New York, Los Angeles, Boca Chica , Texas

☆ The Cybersecurity Lawsuit That Boards Are Talking About
▼ + stars: | 2023-11-18 | by ( Sarah Kessler | More About Sarah Kessler | ) www.nytimes.com time to read: +2 min

Most experts agree that, regardless of the lawsuit’s outcome, it could affect how companies handle cybersecurity risks. In July, the agency adopted new cybersecurity disclosure requirements set to take effect in December. They require companies to report material attacks within four days and to make yearly disclosures about their cybersecurity risk management, strategy and governance. In a June speech, the S.E.C.’s enforcement director, Gurbir Grewal, said it had “zero tolerance for gamesmanship” around cybersecurity disclosures. No CISO can now risk basically painting an unrealistically positive picture of cybersecurity.”

Persons: Gurbir Grewal, ” Wolff, ‘, Ramakrishna, it’ll, ”, Jake Williams, CISOs Organizations: cybersecurity

☆ This corn was down to its last two cobs. Now it could help farmers grow food in the climate crisis
▼ + stars: | 2023-11-18 | by ( Jeremy Harlan | ) edition.cnn.com time to read: +7 min

What he saved he delivered to his only Jimmy Red customer two hours down the road in Charleston. “Not only was I counting on it, but High Wire Distilling was absolutely counting on it,” explained Coxe. A local moonshiner – and the last known grower of Jimmy Red corn – had just died, and the family no longer wanted to grow corn for whiskey distilling. Campbell Coxe harvests 50 acres of Jimmy Red corn on his Darlington, South Carolina, farm in September. This year, the distiller used 1.1 million pounds of Jimmy Red corn in its bourbon whiskey production.

Persons: Campbell, Coxe, ”, Red, moonshiners, Jimmy Red, “, sobered, ‘, Jimmy Red’s, Florence, Ted Chewning, Chewning, Campbell Coxe, Peter Frank Edwards, Brian Ward, it’s, Ward, ” Ward, Carolina Gold Rice, Ann Marshall, Scott Blackwell, Marshall, It’s, We’re Organizations: CNN, Hurricane, High, Clemson University, Carolina, Jimmy Locations: Hurricane Florence, Darlington County , South Carolina, Charleston, Florence, Colleton, Darlington, South Carolina, Island , South Carolina, Mississippi, Gulf of Mexico, Charleston , South Carolina

Investment apps have made it too easy to check your investments, financial advisors say. Find a Qualified Financial Advisor Looking for the right advisor for you? Datalign Advisory makes finding a financial advisor specific to your needs easier than ever. "If you've done your homework or worked with someone to create a good long term investment plan, trust that it's going to work." Focus on what you can controlFinally, financial advisor Russ Ford of Wayfinder Financial says most people have limited time and mental energy to spend thinking about money.

Persons: —, Thomas Kopelman, Jeff Rose, you've, Rose, Jordan Nietzel, Get, Stephen Carrigg, There's, Gregory J, Cameron L, Richard Cooke, David H, DeWitt, Russ Ford, Ford Organizations: Investment, Service, Dow Jones, Trek Wealth, SEC, Bentron Financial, of Sound Foundation, Advisors, Vincere Wealth Management, DeWitt Capital Management, Wayfinder Locations: Indianapolis, DeWitt

☆ Elon Musk has effectively 'stepped aside' as Tesla CEO with 'outrageous' X comments, long time Tesla bull says
▼ + stars: | 2023-11-17 | by ( Kali Hays | Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Elon Musk recently supported an anti-semitic tweet and other incendiary rhetoric on X.Musk is working to "destroy" Tesla, and is not acting as its CEO, Gerber said. AdvertisementAn ardent supporter of Tesla and its CEO Elon Musk no longer sees the billionaire as the leader of the company. AdvertisementGerber's comments came after Musk responded to an antisemitic comment on X, claiming that "Jewish communities" had been pushing "hatred against whites." "You have said the actual truth," Musk wrote in response to the antisemitic post. Earlier on Thursday, Gerber wrote on X that he plans to ditch his Model Y Tesla for a Rivian due to Musk's statements.

Persons: Ross Gerber, Elon Musk, Gerber, —, Tesla, Musk, he's, I've, Linda Yacaccarino, Dustin Moskovitz, Marc Bodnick, Yaccarino Organizations: Service, Gerber Kawasaki Wealth & Investment Management, CNBC, Tesla, Business, IBM, New York Times, Facebook, Defamation League Locations: Tesla

☆ You could owe 0% capital gains tax for cryptocurrency in 2023. Here's what crypto investors need to know
▼ + stars: | 2023-11-17 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

STR | NurPhoto via Getty ImagesAs investors weigh year-end tax moves, there may be a lesser-known savings opportunity for certain cryptocurrency investors, experts say. After the crypto industry lost nearly $1.4 trillion in 2022, many investors leveraged tax loss harvesting, which uses losses to offset profits. But after a rally in 2023, you may consider strategically selling profitable crypto held in brokerage accounts, known as "tax gain harvesting." Investors "really ought to be paying attention" to tax-free opportunities to harvest crypto gains, according to Wheelwright. Still, the tax gain strategy allows you to sell at a gain and pay no tax, whereas "tax loss harvesting defers future tax," Gordon said.

Persons: Tom Wheelwright, Wheelwright, Andrew Gordon, Gordon, That's Organizations: Getty Images, Gordon Law Group, IRS

☆ X employees are reportedly fielding calls from advertisers asking about Elon Musk's endorsement of antisemitic post
▼ + stars: | 2023-11-17 | by ( Haley Tenore | ) www.businessinsider.com time to read: +4 min

Ads have also appeared next to pro-Nazi posts on Musk's platform, non-profit Media Matters reported. Some X employees are facing the brunt of the uproar, and are reportedly getting calls from advertisers asking about Musk's comments, according to The New York Times. X has also been placing advertisements next to major companies like Apple, Oracle, and Xfinity, according to Media Matters. AdvertisementSome users on X responded to Yaccarino's post, asking her if X owner Musk was aware of this stance and requesting that she relay her message to him. Antisemitic posts from X users, which were flagged by Media Matters, will now be labeled as "sensitive media," an X executive told Business Insider in a statement.

Persons: Elon Musk, —, Musk, @BreakingBaht, Linda Yaccarino, Dustin Moskovitz, Ross Gerber Organizations: Media, Service, The New York Times, Nazi, IBM, Apple, Oracle, Media Matters, BI, Facebook, X, SpaceX, Gerber Kawasaki Wealth, Investment Management

☆ Ecuador legislature begins new session, Noboa joins leftists for majority
▼ + stars: | 2023-11-17 | by ( Alexandra Valencia | ) www.reuters.com time to read: +2 min

Members of Ecuador's National Assembly take part in a session, the first since President Guillermo Lasso dissolved the assembly, to elect a new head of the legislature, in Quito, Ecuador November 17, 2023. The legislature was dissolved in May by outgoing President Guillermo Lasso to avoid his own likely impeachment, bringing forward legislative and presidential elections scheduled for 2025. Analysts say the coalition could help Noboa ensure he is able to govern - unlike his predecessor Lasso - during his truncated term. Noboa, who won a runoff election in October to beat Correa's protégé Luisa Gonzalez, will be sworn in next week. Reporting by Alexandra Valencia; Writing by Oliver Griffin; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Guillermo Lasso, Karen Toro, Daniel Noboa, Rafael Correa, Henry Kronfle, Noboa, ADN, Alfredo Espinosa, Fernando Villavicencio, Correa, Correa's protégé Luisa Gonzalez, Alexandra Valencia, Oliver Griffin, Richard Chang Organizations: Ecuador's National, REUTERS, Rights, National, Social Christian Party, PSC, Noboa's National Democratic, Thomson Locations: Quito, Ecuador, Rights QUITO

CNN —A growing list of companies said they have suspended advertising on X, the platform formerly known as Twitter. Disney and Warner Bros.’ advertising pauses follow similar moves by Lionsgate and IBM. The iPhone maker also pulled its advertising from the social media platform, according to multiple news outlets, including Axios, which first reported Apple’s withdrawal. Full stop.”An analysis by the watchdog group Media Matters found this week that in addition to IBM, ads by Apple, Comcast, NBC and Oracle had appeared alongside similar content. In August, two other brands, NCTA — the Internet and Television Association — and Gilead Sciences paused their spending on X after their ads were also run alongside pro-Nazi content.

Persons: Elon Musk, White, Linda Yaccarino, X Organizations: CNN, Twitter, Disney, Warner Bros, Lionsgate, IBM, Bloomberg, Apple, Media, Comcast, NBC, Oracle, NBCU, Thursday’s Media, and Television Association, Gilead Sciences

☆ IBM pulls advertising from Elon Musk's X after report finds its ads ran next to pro-Nazi posts
▼ + stars: | 2023-11-17 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

IBM said it would stop buying ads on X after they were reportedly placed alongside pro-Nazi posts. AdvertisementThe Media Matters report included screenshots showing ads for IBM, Apple, Oracle, and Bravo appearing alongside pro-Nazi content . X told BI the accounts cited in the Media Matters report will be demonetised and the posts given a "sensitive media" label. "When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination," she said. Musk has also not addressed IBM's move, but described Media Matters as "an evil organization" in a reply on X.Advertisement

Persons: Linda Yaccarino, —, Elon, Bravo, who's, X, Yaccarino, Musk, IBM's Organizations: IBM, Elon, Service, Media Matters, Nazi, New York Times, Apple, Oracle, Financial Times, Media

☆ Opinion: Osama bin Laden was a mass murderer, not a TikTok influencer
▼ + stars: | 2023-11-17 | by ( Peter Bergen | ) edition.cnn.com time to read: +6 min

He is the author of “The Rise and Fall of Osama bin Laden.” The views expressed in this commentary are his own. Bin Laden’s al Qaeda affiliate in Iraq helped to trigger the Iraqi civil war in 2006, during which tens of thousands of Iraqis died. And this is only a partial list of the mayhem carried out by bin Laden and his followers. The “Letter to America” also decries the United States’ role in global warming, American tolerance for homosexuality and the drug culture that exists in the United States. It might behoove those posting on TikTok to understand some of this history before praising bin Laden’s purported brilliance.

Persons: Peter Bergen, Osama bin Laden, CNN —, bin Laden, ”, bin, Bin Laden’s, I’ve, “, Nelly Lahoud, ” Lahoud, Facebook Lahoud, “ Bin Laden Organizations: New, Arizona State University, Apple, Spotify, CNN, Guardian, Israel, Hamas, Saudi, Palestine, US Navy, Team, ISIS, US Army War College, Twitter, Facebook Locations: New America, America, al Qaeda, Africa, Qaeda, Iraq, Indonesia, Bali, London, United States, Palestine, Israel, Islam, Al Aqsa, Jerusalem, Al, Quds, Pakistan, Syria, Abbottabad, Vietnam

☆ Apple, Disney, other media companies pause advertising on X after Elon Musk promoted antisemitic tweet
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Apple CEO Tim Cook looks on following a conversation on mental health, during a spousal program on the last day of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week at Apple Park in San Francisco, California, on November 17, 2023. Apple and Disney have paused online advertising campaigns on X, formerly Twitter, after owner Elon Musk said he agreed with a social media post accusing "Jewish communities" of pushing "hatred against whites," according to sources familiar with both companies' moves. Warner Bros Discovery , Paramount Global , Lions Gate Entertainment are also suspending campaigns on the social media service, spokespeople for the company confirmed. The X Out Hate group originally urged those companies to suspend their online advertising campaigns on X in September, when Musk insinuated that he would file a defamation lawsuit against the Anti-Defamation League, alleging that the ADL was "trying to kill this platform by falsely accusing it & me of being anti-Semitic." Steven Kovach and Alex Sherman contributed reportingWatch: IBM pauses advertising on X after Elon Musk receives backlash for antisemitic post.

Persons: Tim Cook, Elon Musk, Apple's, Axios, Adolf Hitler, Musk, Jonathan Greenblatt, Musk's, Andrew Bates, Steven Kovach, Alex Sherman Organizations: Apple, Economic Cooperation, APEC, Disney, Warner Bros Discovery, Paramount Global, Lions Gate Entertainment, New York Times, Media Matters, America, IBM, Bravo, Oracle, Nazi Party, Comcast, CNBC, Anti, Defamation League, ADL, Google, White House, Elon Locations: Asia, San Francisco , California

IBM has stopped advertising on social media platform X after a report said its ads were appearing alongside material praising Adolf Hitler and Nazis — a fresh setback as the site formerly known as Twitter tries to win back big brands and their ad dollars. The U.S. tech company made the decision after a report Thursday by the liberal advocacy group Media Matters said ads from IBM, Apple, Oracle, NBCUniversal's Bravo network and Comcast were placed next to antisemitic material on X. “IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," the company said in a terse statement. “When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination. The accounts that Media Matters found posting antisemitic material will no longer be monetizable and that the specific posts will be labeled “sensitive media," according to a statement from X on Friday.

Persons: Adolf Hitler, —, Elon Musk, ” Musk, Musk, Linda Yaccarino, Yaccarino, Benjamin Netanyahu Organizations: IBM, Twitter, Media, Apple, Oracle, NBCUniversal's Bravo, Comcast, Billionaire, Hamas, Defamation League Locations: U.S, Israel, Israeli

☆ Elon Musk isn't helping his CEO Linda Yaccarino's claims that X is safe for companies
▼ + stars: | 2023-11-17 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

Linda Yaccarino's efforts to reassure companies about X are being undermined by Elon Musk. Yaccarino released a statement on Thursday saying X is working to combat antisemitism. However, one day before her post, Musk supported an antisemitic conspiracy theory on the platform. AdvertisementLinda Yaccarino's efforts to reassure companies that X is safe for brands are being undermined by Elon Musk's actions. The contrast between Yaccarino's statement and Musk's post was not lost on platform users.

Persons: Linda Yaccarino's, Elon Musk, Yaccarino, Musk, —, Elon Musk's, …, Linda Yaccarino, Dustin Moskovitz, Ross Gerber, Tesla, VWqtI32Jxz — Matthew Gertz, Yaccarino —, Yaccarino's, Lou Paskalis, they're Organizations: Service, IBM, Financial, Media, Apple, Comcast, X, Business, Reuters, Vox Media, Conference

☆ Philippines bans American traveler for life, accusing him of writing profanities on immigration form
▼ + stars: | 2023-11-17 | by ( Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —The Philippines has banned for life an American traveler whom it accused of writing “profane words” on a digital immigration form and being rude to immigration officers. Anthony Laurence, 34, was refused entry and put on a blacklist permanently following his allegedly “disrespectful” behavior, the Philippine Bureau of Immigration Commissioner Norman Tansingco said in a statement last week. Laurence, who told CNN he is a property investor who lives in the country intermittently, disputes the immigration authority’s account. He did not respond to CNN’s questions about what he wrote on the form and whether it included any profanities. But he said, “I immediately apologized and the immigration officer wasn’t interested.”“I even hand-wrote an apology to the immigration officer which he wasn’t interested in as well,” Laurence added.

Persons: Anthony Laurence, Norman Tansingco, Laurence, ”, Tansingco, “, wasn’t, ” “, ” Laurence Organizations: CNN, Philippine Bureau of Immigration, Ninoy Aquino, Airport, Air, Cebu – Locations: Philippines, Manila, Bangkok, Thailand, Air Asia, Philippine, Cebu

☆ IBM suspends advertising on X after report says ads ran next to antisemitic content
▼ + stars: | 2023-11-16 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

IBM has paused advertising on X after a report found that the tech company's ads were placed next to antisemitic content on the platform formerly known as Twitter. Researchers and advocacy groups have documented a rise of controversial content on X, though the company has disputed those claims. An X spokesperson told CNBC in an email that the accounts that Media Matters said were posting the hateful content would no longer be monetizable. IBM's decision to halt advertising on X also comes after Musk on Wednesday boosted and drew attention to an antisemitic X post and issued statements that drew backlash from critics. "When it comes to this platform — X has also been extremely clear about our efforts to combat antisemitism and discrimination," Yaccarino wrote.

Persons: Hitler, Linda Yaccarino, Elon Musk, Oracle didn't, Musk, Jonathan Greenblatt, Yaccarino, Jordan Novet Organizations: IBM, CNBC, Media, America, Apple, Bravo, Oracle, Nazi Party, Elon, Comcast, Defamation League, Disney, Google Locations: Israel, America

☆ IBM to pause ad spending on X after its ads ran on pro-Nazi accounts
▼ + stars: | 2023-11-16 | by ( Liam Reilly | Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —IBM on Thursday announced it had suspended advertising on Elon Musk’s X, the platform formerly known as Twitter, after an ad for the computing giant appeared alongside pro-Nazi content. The accounts remained active on X Thursday afternoon, hours after the report was published. No brands had specifically targeted the pro-Nazi accounts identified in Thursday’s report for their advertisements, nor did the company intentionally place their ads there, the spokesperson said. Full stop.”IBM is not the first company to part ways with X after its ad appeared next to hateful content. Musk’s X has also come under fire for reinstating the accounts of users who were previously banned on the social media platform, including far-right and neo-Nazi figures.

Persons: Elon Musk’s, ”, NBCUniversal’s Bravo, Adolf Hitler, Linda Yaccarino, NCTA, Yaccarino, Musk, Jonathan Greenblatt, ” Greenblatt, Musk’s, –, Brian Fung Organizations: New, New York CNN, IBM, Elon, Media, IBM —, Apple, Oracle, Comcast, NBCU, CNN, and Television Association, Gilead Sciences, Adobe, Adobe , New York University Langone Hospital, University of Maryland’s, Whites, Defamation League Locations: New York, Nazi, Adobe ,, America

☆ IBM suspends ads on X after corporate ads appeared next to pro-Nazi content
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +3 min

The logo for social media platform X, following the rebranding of Twitter, is seen covering the old logo in this illustration taken, July 24, 2023. Media watchdog Media Matters said it found that corporate advertisements by IBM, Apple (AAPL.O), Oracle (ORCL.N) and Comcast's (CMCSA.O) Xfinity were being placed alongside antisemitic content. "IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation," IBM said in a statement. Musk's Wednesday comments on the social media platform are not the first time he has engaged in discussions that reference antisemitic tropes or conspiracy theories. "When it comes to this platform - X has also been extremely clear about our efforts to combat antisemitism and discrimination.

Persons: Dado Ruvic, Adolf Hitler, Musk, Xfinity, X, Linda Yaccarino, Jonathan Greenblatt, Yuvraj Malik, David Gaffen, Lisa Shumaker Organizations: Twitter, REUTERS, IBM, Elon, Nazi Party, Media, Apple, Oracle, Defamation League, ADL, Reuters, U.S, X, Hamas, Thomson Locations: America, United States, Israel, Palestinian, Bengaluru, New York

☆ X Races to Contain Damage After Elon Musk Endorses Antisemitic Post
▼ + stars: | 2023-11-16 | by ( Ryan Mac | ) www.nytimes.com time to read: +1 min

Less than 24 hours after Elon Musk endorsed an antisemitic post on X as “the actual truth” of what Jewish people were doing, IBM paused its advertising on the social media platform as X’s chief executive, Linda Yaccarino, and others at the company scrambled on Thursday to contain the fallout. X employees said on Thursday that they had gotten calls from advertisers wondering why Mr. Musk was making comments seen as antisemitic and why their ads were showing up next to white nationalist and Nazi content, according to internal messages that were viewed by The New York Times. IBM cut off about $1 million in advertising spending that it had committed to the platform for the last three months of the year, the messages said. In a note to employees on Thursday morning, Ms. Yaccarino said that “X is a platform for everyone” and added that “discrimination by everyone should STOP across the board.” She said the company had been clear about its work to fight antisemitism and discrimination, and later shared a similar message on X. In a statement, IBM said it “has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation.”

Persons: Elon Musk, Linda Yaccarino, Musk, Yaccarino, ”, “ Organizations: Elon, IBM, The New York Times Locations: Nazi

☆ Why Georgia Republicans Are Protecting the D.A. Who Indicted Trump
▼ + stars: | 2023-11-16 | by ( Richard Fausset | More About Richard Fausset | ) www.nytimes.com time to read: +1 min

Colton Moore, a 30-year-old auctioneer from rural Dade County, Ga., enjoys rare bragging rights for a freshman state senator. His move mirrored House efforts to investigate or strip funding from the office of Jack Smith, the special counsel leading the federal prosecutions of Mr. Trump. But in Georgia, it got Mr. Moore booted out of the Senate Republican caucus. Mr. Moore’s excommunication demonstrates that there are limits to Georgia Republicans’ tolerance for Trumpian high jinks that would derail the case against the former president. They want to say, ‘Listen we can run this state, we can take stands that keep us prosperous.’”

Persons: Colton Moore, Donald J, Trump, ”, Moore, Willis, Jack Smith, Brian Kemp, Roy E, Barnes Organizations: Republican, Georgia Republicans, Gov Locations: Dade County, Atlanta, Georgia

JAKARTA, Indonesia (AP) — More than 200 conservative Muslims marched in Indonesia's capital on Wednesday, calling for the cancellation of a Coldplay concert that night over the British band's support for the LGBTQ+ community. Coldplay is renowned for interlacing its values with its shows, such as the band’s push for environmental sustainability. The Asian leg of Coldplay’s “Music Of The Spheres World Tour” includes Wednesday's concert at Gelora Bung Karno stadium in Jakarta. Jakarta is one of the band’s top streaming hubs, with 1.6 million fans in the city. ___Associated Press writer Niniek Karmini in Jakarta, Indonesia, contributed to this report.

Persons: Chris Martin, Lady Gaga, Niniek Karmini Organizations: Coldplay, British Embassy, ___ Associated Press Locations: JAKARTA, Indonesia, Indonesia's, Jakarta, British, Southeast Asia, Taipei, Malaysian, ___

☆ Retailers and delivery apps must act on e-bike safety, NY officials say, after 3 people died in a house fire linked with a scooter battery
▼ + stars: | 2023-11-15 | by ( Associated Press | ) www.businessinsider.com time to read: +5 min

New York City officials say retailers and food delivery apps must act on unsafe e-bike batteries. There have been hundreds of fires linked to lithium ion batteries in e-bikes and scooters in the city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "It's extensively damaged," Kavanagh said, adding that the battery that sparked the fire was for a "scooter of some kind." The city has seen hundreds of fires linked to the lithium ion batteries that power electric bikes and scooters in recent years.

Persons: —, Laura Kavanagh, Albertha West, Michael West, Jamiyl West, Kavanagh, haven't, Meera Joshi, They're, Joshi, Josh Gold, Uber, Patrick Burke Organizations: Service, —, Fire, Amazon, Walmart, City Hall, UL, Local Locations: York City, — New York City, Brooklyn, New York City

Search resuls for: "Tolerance"

25 mentions found