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☆ How Elon Musk Got Tangled Up in Blue
▼ + stars: | 2024-08-24 | by ( Ryan Mac | Kate Conger | ) www.nytimes.com time to read: +1 min

By Nov. 9, 2022, anxiety was high among the Twitter employees gathered at the company’s San Francisco headquarters. They had spent part of that morning trying to gently explain to their new boss, Elon Musk, that the service they had just launched was dangerous. With Mr. Musk out of earshot, the welcoming, deferential mood in the room immediately changed. The employees knew that users relied on the verified check marks to ensure that information on the platform — including bus times or hurricane evacuation orders or a pop star’s musings — was indeed real. “Somebody could die, actually,” he said.

Persons: Elon Musk, Musk —, —, Musk, ”, Esther Crawford, ” Christian Dowell Organizations: San, San Francisco City Hall Locations: San Francisco, earshot

☆ NBCUniversal is pinning Peacock's streaming success on its $2.45 billion per year NBA deal
▼ + stars: | 2024-08-15 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +7 min

On Jan. 13, NBCUniversal's subscription streaming service Peacock showed its first-ever exclusive NFL playoff game — a 26-7 victory by the eventual Super Bowl-winning Kansas City Chiefs over the Miami Dolphins. For NBCUniversal, obtaining NBA rights helps guarantee sustainability in a fight for eyeballs against streaming behemoths such as Netflix , Amazon Prime Video and Disney +. Beginning with the 2025-26 season, Peacock will have about 50 exclusive national regular-season and postseason NBA games, including national Monday night games and doubleheaders. Having exclusive NBA games is really important for that mission." Discovery decided not to compete with NBCUniversal for NBA rights once the price tag ballooned past $2 billion per year.

Persons: Angela Weiss, Rick Cordella, Peacock, Patrick Mahomes, Kansas City Chiefs Jamie Squire, Cordella, NBCU, they've, David Berson, Jessica Reif Ehrlich, Ehrlich, NBCUniversal, Adam Silver Organizations: NBA, AFP, Getty, Comcast, NBC Sports, Disney, NFL, eventual, Kansas City Chiefs, Miami Dolphins, Nielsen, Research, Peacock, Premier League, WWE, IndyCar, Recreation, Sports, Media, Netflix, Amazon Prime, Paramount, CBS Sports, Skydance Media, Warner Bros . Discovery, Bank of America, NBC, Warner Bros, Discovery, TNT, ABC, ESPN, Hollywood, CNBC Locations: New York, U.S, Peacock

Elon Musk will interview former President Donald Trump Monday evening on X, the latest collaboration between two men whose unlikely alliance could be a significant factor shaping the final weeks of the presidential race. Musk, the billionaire CEO of both Tesla and SpaceX, wrote in a Sunday X post. Ahead of the event, Musk planned to perform "some system scaling tests" to gauge the X platform's streaming capabilities ahead of the event with Trump. The Trump interview is Musk's latest high profile foray into the 2024 presidential race. The PAC set out to mobilize 800,000 voters for Trump in critical swing states.

Persons: Donald Trump, Elon, Elon Musk, Tesla, Musk, Ron DeSantis, Trump, Kamala Harris, Trump's Organizations: SpaceX, Trump, Florida Gov, America PAC, CNBC, Republican Locations: Minden, Nev, Wilmington, Del

☆ Elon Musk is hosting a live interview with Trump on X, and he's trying really hard to avoid a repeat of the Ron DeSantis campaign launch meltdown
▼ + stars: | 2024-08-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Elon Musk says he's doing multiple "system scaling tests" ahead of his livestream with Donald Trump. Musk's X platform crashed repeatedly when it hosted Ron DeSantis' campaign launch last year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt looks like Elon Musk is pulling out all stops to ensure that his upcoming interview with former President Donald Trump on Monday doesn't go awry. "Am going to do some system scaling tests tonight & tomorrow in advance of the conversation with Donald Trump," Musk wrote in an X post on Sunday night.

Persons: Elon Musk, Donald Trump, Ron DeSantis, DeSantis, Trump, —, Elon, Musk, livestreaming Organizations: Service, Business

☆ Online disinformation sparked a wave of far-right violence in the UK — here's how
▼ + stars: | 2024-08-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

This escalated into days of riots in the U.K. that saw attacks on mosques, immigration centers and hotels that house asylum seekers. The disinformation circulated online tapped into pre-existing biases and prejudice, Ondrak explained, adding that incorrect reports often thrive at times of heightened emotions. Many of the right-wing protestors claim the high number of migrants in the U.K. fuels crime and violence. Ondrak also noted that many groups that had previously circulated false information about the attack had started walking it back, saying it was a hoax. On Wednesday, the U.K. media regulator Ofcom issued a letter to social media platforms saying they shouldn't wait for the new law to come into force.

Persons: Christopher Furlong, Ali, Hannah Rose, Joe Ondrak, It's, Ondrak, it's, ISD's Rose, Rose, Thabo Jaiyesimi, Elon Musk, pushback, Benjamin Cremel Organizations: Riot, Getty, LinkedIn, Institute for Strategic, CNBC, Police, Telegram, Ofcom, Afp Locations: Rotherham, United Kingdom, Southport, Britain, U.K, Walthamstow, London

Based on Trump's social media commentary, more about their relationship may be coming soon. Trump wrote in a post on Truth Social on Tuesday that the two will be speaking together publicly next week. Trump wrote. 'I have no choice'Since gaining Musk's support, Trump has returned the praise. On the day of Trump's speech in Nashville, Musk wrote "Save our kids!"

Persons: Elon Musk, Donald Trump, Evan Vucci, Donald Trump's, Trump, he'd, Elon, He's, Musk, What's, podcaster Jordan Peterson, they've, Kamala Harris, he's, it's, Joe Biden, Steven Cheung, Biden, Tesla wasn't, Tesla, Ron DeSantis, DeSantis, David Sacks, Trump's, CNBC's Joe Kernen, they're, Harris, Mark Fields, —, Fields, CNBC's Brian Sullivan, Giorgia Meloni, Javier Milei, Jair Bolsonaro, Narendra Modi, Benjamin Netanyahu, Kevin Mohatt, Kamala, Mike Moritz, Moritz, Brian Schwartz, Christina Wilkie Organizations: SpaceX, White, AP NASHVILLE, Bitcoin Conference, Elon, Music City Center, Trump, Republican, PAC, North Carolina Attorney General's, America PAC, ELON, Biden, General Motors, Ford, Musk, Tesla, Bitcoin, Italian, Indian, Capitol, Air Force, Joint Base Andrews, Financial Locations: Washington, Tenn, —, Nashville, Memphis , Tennessee, Pennsylvania, Michigan, tamp, Florida, Lago, China, U.S, Atlanta, Gaza, Wisconsin, Joint Base Andrews , Maryland, West Palm Beach , Florida, Silicon Valley

☆ The Global Alliance for Responsible Media is 'discontinuing' after Elon Musk's X filed an antitrust lawsuit against it
▼ + stars: | 2024-08-08 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Read previewThe advertising trade group The World Federation of Advertisers told its members on Thursday that it was "discontinuing" activities for its Global Alliance for Responsible Media initiative following an antitrust lawsuit filed by Elon Musk's X against the company earlier this week. This story is available exclusively to Business Insider subscribers. AdvertisementRepresentatives for the WFA and GARM didn't immediately respond to requests for comment from Business Insider. The platform's lawsuit alleged that after Musk acquired Twitter in 2022, GARM persuaded top brands not to advertise on it. The Committee has been investigating whether GARM members illegally colluded to demonetize conservative platforms and voices.

Persons: —, Elon Musk's, Stephan Loerke, Loerke, GARM, colluded, Ørsted, GARM didn't, Linda Yaccarino, wasn't, Musk, Jim Jordan, Russell Dye, Rumble, X didn't Organizations: Service, Federation, Global Alliance, Responsible Media, WFA, Business, Twitter, Unilever, Mars, CVS, WPP Locations: Texas, US, Ohio

☆ How Pinterest became a secret weapon for a social-media marketer and boosted her revenue by $30,000 a month
▼ + stars: | 2024-08-08 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

That's what 23-year-old Kenda Laney thinks of when she reflects on the start of her career in social media. When Laney was later asked if she could look into Pinterest, which she only used for fun, she was intrigued. In July, about $29,000 of the $109,000 in revenue she made from these purchases was driven by Pinterest. AdvertisementFor creators who want to start using Pinterest, Laney advises them to do their due diligence on search-engine optimization, or SEO, for their content niche. "Hyperfocus on how your content is an answer to someone's question rather than just describing what your content is," Laney said.

Persons: Kenda Laney, Laney, Laney Media's, Pinterest Organizations: Service, Business, Laney Media, Pinterest Locations: Colorado

☆ Elon Musk's X has lost tons of advertisers. The platform's solution is to sue them.
▼ + stars: | 2024-08-06 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

X is suing a group of advertisers, alleging they violated antitrust law. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk's X is suing a group of advertisers, alleging that they violated antitrust laws by ganging up on the social media company in an advertising boycott.

Persons: Linda Yaccarino, —, Elon, ganging Organizations: Service, Global Alliance, Responsible Media, World Federation, CVS Health, Unilever, Business

☆ Reddit's CEO says Microsoft, Anthropic, and Perplexity scraping content is 'a real pain in the ass'
▼ + stars: | 2024-08-01 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

Reddit's CEO slammed Microsoft, Anthropic, and Perplexity for using the social platform's data for free. The three companies previously landed in trouble for training their AI models on data without permission. Paying for data could cost AI companies "hundreds of billions of dollars," Andreessen Horowitz said last year. Steve Huffman, the CEO of Reddit, has called out Microsoft, Anthropic, and Perplexity for using Reddit's data to train their AI models without paying. "We've had Microsoft, Anthropic, and Perplexity act as though all of the content on the internet is free for them to use," Huffman told The Verge, saying that blocking these companies has been "a real pain in the ass."

Persons: Andreessen Horowitz, —, Reddit, Steve Huffman, We've, Huffman Organizations: Microsoft, Service, Business

☆ Spending takes center stage in Meta Platform's earnings report after the bell Wednesday
▼ + stars: | 2024-07-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

More important to Wall Street is the company's capital expenditures — or spending — as investors are demanding to see clear signs that hefty investments in AI are beginning to pay off . META 1M mountain Meta shares this month The intensified attention toward AI spending comes on the heels of Alphabet's quarterly print and during a "make-or-break" week with earnings from four tech behemoths. While Alphabet topped Wall Street estimates, its rising expenses spurred a sell-off across the sector. But Beck also sees Meta shares going higher as he raised his price target to $600. An uptick in advertising Wall Street is also keeping an eye on advertising figures this quarter, with Nowak viewing Meta as best situated to weather any uncertainty.

Persons: Wolfe Research's, Khajuria, Morgan Stanley, Brian Nowak, capex, Raymond James, Josh Beck, Beck, Wells, Ken Gawrelski, Nowak, Mark Shmulik, Deutsche Bank's Benjamin Black, bode, America's Justin Post Organizations: Meta, StreetAccount, Deutsche, America's, ~$ Locations: Paris

Motley Fool Coupons and Promo Codes for JulySave on a new Motley Fool Stock Advisor account with these curated coupon and promo codes for July 2024. About Motley Fool DiscountsThe Motley Fool often offers discounts on its premium stock-picking services like Stock Advisor, especially around holidays or major market events. Motley Fool Stock Advisor is a subscription-based service providing stock recommendations, market research, and more. Motley Fool Stock Advisor is not a brokerage and does not trade securities. Here's our Motley Fool Stock Advisor performance review as one of the best investment advice services in 2024.

Persons: Motley, it's, It's, You'll, Tessa Campbell, Tessa, she’s Organizations: Stock, Service, Motley, Investment, Invest, Susquehanna University

☆ Elon Musk reposted a deepfake video of Kamala Harris on X — it may violate his own platform's policy
▼ + stars: | 2024-07-28 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewOn Friday evening, Elon Musk reposted a deepfake video of Vice President Kamala Harris on X — a move that may violate his own platform's policy on synthetic and manipulated media, The New York Times reported. In the video, the edited voice-over says, "I was selected because I am the ultimate diversity hire. And that may just run afoul of X's policy on synthetic and manipulated media, which states: "You may not share synthetic, manipulated, or out-of-context media that may deceive or confuse people and lead to harm ("misleading media")." This is a violation of @X’s policies on synthetic media & misleading identities. A video on social media appeared to show the president hitting out at his critics and cursing them.

Persons: —, Elon Musk, Kamala Harris, X, Harris, Biden, Musk, ake, abel, allen, linton Organizations: Service, New York Times, Democratic Party, Business Locations: ust

☆ Elon Musk retweets altered Kamala Harris campaign ad
▼ + stars: | 2024-07-28 | by ( Mirna Alsharif | Alexandra Marquez | ) www.cnbc.com time to read: +4 min

Elon Musk, the owner of X, retweeted a parody Kamala Harris campaign ad Friday without labeling it as misleading, an apparent violation of his own platform's rules. Portions of video footage in the altered content — such as Harris speaking to crowds, and general videos of her supporters — were used in a recent Harris' campaign video on YouTube. In the original video, Harris narrates, telling viewers, "In this election, we each face a question: what kind of country do we want to live in?" The altered video reposted by Musk does not include Beyonce. This is not the first time altered voice content has appeared during this presidential campaign.

Persons: X Elon Musk, Mark Read, Elon Musk, Kamala Harris, Harris, —, Biden, Musk, Beyonce, Joe Biden, Obama, Mia Ehrenberg, Donald Trump, Mr Reagan, Alexios Mantzarlis, Mantzarlis, Minnesota Sen, Amy Klobuchar, Musk's, Trump Organizations: Lumiere Theatre, Cannes Lions, YouTube, Democrat, Democratic, Elon, Security, Trust, Safety Initiative, Cornell Tech, Cornell, NBC News, Minnesota Locations: Cannes, France, New York City, Argentina, India

☆ Spotify has transformed from a great product into a great business and stock, Jim Cramer says
▼ + stars: | 2024-07-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Audio streaming giant Spotify has proven to be a "great business," and it's easy to see why it's become a strong-performing stock, too, CNBC's Jim Cramer said Tuesday. "This is a great business. It's just a great business, and that's what people are reacting to," Cramer said. SPOT YTD mountain Spotify's year-to-date stock performance. Looking ahead to the current quarter, Spotify said it expects monthly active users to improve on a sequential basis.

Persons: it's, CNBC's Jim Cramer, It's, Cramer Organizations: Spotify, U.S

☆ Disney slides on concerns about its theme parks. That should not be a surprise
▼ + stars: | 2024-07-23 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The S & P 500 edged slightly higher Tuesday as investors awaited quarterly earnings releases after the close from influential tech companies. This follows CNBC-parent Comcast's quarterly earnings on Tuesday, which missed revenue estimates due to weakness in theme parks and film studios. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Danaher, that's, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Dow Jones, Google, YouTube, NFL, Walt Disney, Club, Disney

The Best Free Stock Trading AppsCharles Schwab: Best overall free stock trading appFidelity Investments: Best trading app for index fundsSoFi Invest: Best for beginnersWebull: Best trading apps for options tradingRobinhood Investing: Best trading apps for active tradingE*TRADE: Best trading apps for all types of investorsInteractive Brokers: Best trading apps for advanced tradersPassive and active investors can benefit from commission-free trading on investments like stocks and ETFs. Compare the Top Free Stock Trading AppsThe best free stock trading apps offer low account minimums, commission-free trading, research, financial tools, educational resources, and more. Interactive Brokers reviewBest Free Stock Trading Apps FAQsWhich app is best and free for trading? SoFi is our top pick for the best free stock trading app for beginners because of its automated trading services and low-cost investment strategies. How to Choose the Best Free Stock Trading AppThe best free stock trading apps for beginners will offer low fees, low minimums, easy-to-use platforms, and access to educational resources like webinars and blogs.

Persons: Charles Schwab, Charles Schwab's, Schwab, You'll, you'll, Morningstar, SoFi, Webull, Robinhood, litecoin, Brian Fry, Charlotte Geletka, Kaysian Gordon, isn't Organizations: Fidelity Investments, Invest, Interactive, Free, Business, Business Daily, Fidelity, SoFi, Financial, SoFi Invest, Nasdaq, Robinhood, Gold, Robinhood Gold, Apple, Traders, IBKR Pro, Paxos Trust, Traders Academy, Interactive Advisors, CDFA, CFP, Investors

Fidelity vs. Charles Schwab: At a GlanceFidelity and Charles Schwab are two of the largest and most reputable brokerage firms featured in several of our guides, including the best robo-advisors. Making a Choice: Fidelity vs. Charles SchwabFidelity Investments and Charles Schwab are great for all kinds of traders. Charles Schwab is better for higher balances and offers a more comprehensive selection of advanced charting tools like the thinkorswim platform. Fidelity vs. Charles Schwab Frequently Asked Questions (FAQs)Can I open both Fidelity and Charles Schwab accounts? You can open both a Fidelity and Charles Schwab brokerage account to take advantage of each platform's best features and services.

Persons: Morningstar, Charles Schwab Insider’s, Schwab, Charles Schwab, It's, Charles Schwab's, Schwab's Organizations: Fidelity Investments, Fidelity, Business Daily, Investment, Financial Products Fidelity, Teen, Charles, U.S, Fidelity Wealth Services, Technology, Pro, screeners, Schwab, Ameritrade, Charles Schwab Fidelity Investments Locations: cryptocurrencies, Chevron

Read Business Insider's guide to the best travel rewards credit cards. But the smartest award hounds are using these popular tools to maximize their rewardsWhy use a credit card rewards tracking app? But no such tool exists as of today, so many dedicated award hounds use a combination of the apps below to track all of their credit card rewards. Top credit card rewards tracking appsAwardWallet: Best for tracking multiple loyalty programsCardPointers: Best for managing your wallet and maximizing credit card offersTravel Freely: Best for couples earning points togetherMaxRewards: Best for monitoring credit alongside of rewardsAwardWalletCost: Freemium — Free version works for most. However, MaxRewards sets itself apart with a running progress bar of the credit card balance you're carrying, and your credit utilization ratio.

Persons: CardPointers, Chase, Amex, You'll, MaxRewards, Read, it's, you'll, point.me, Roame, Seats.aero Organizations: Read, Citi, Security, Amex, Chase, MaxRewards Gold, Google, American, American Express, Business Locations: Amex, Japan, Aeromexico, Asia, North America, Singapore, Chevron

☆ YouTube shorts is creeping up on TikTok as a go-to app for music fans
▼ + stars: | 2024-07-18 | by ( Dan Whateley | Amanda Perelli | ) www.businessinsider.com time to read: +4 min

Read previewTikTok may be Gen Z's favorite jukebox, but YouTube shorts is quickly gaining steam among music listeners, per a new report from entertainment-industry data firm Luminate. When making a short, creators can add copyrighted music to videos using the YouTube shorts audio library. TikTok is still the go-to platform for music marketers looking to drive attention to songs. YouTube shorts may still be a tough sell for some marketers, however. YouTube is a major hub for long-form music content, and its shorts feature could help drive fans to artists' music videos and other original content, said Johnny Cloherty, CEO of the music-marketing firm Songfluencer.

Persons: —, TikTok, Olivia Rodrigo, Drake, Lyor Cohen, Simon Friend, Friend, Johnny Cloherty, Cloherty Organizations: Service, Business, Universal Music, Facebook, YouTube Locations: TikTok

☆ Queer community platform Lex lays off staff as it charts an uncertain path forward
▼ + stars: | 2024-07-17 | by ( Sydney Bradley | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Read previewLex, a social network that helps people find and build queer communities in their cities, has laid off most of its staff. "We're committed to building Lex to be a thriving social app for LGBTQ+ community," Lewis said in a written statement. AdvertisementLike many other newer social-media platforms, Lex has been experimenting with ways to monetize its product. In June, Lex announced its "Team Gay Agenda" campaign to raise funds from its users via recurring monthly pledges and told users that the "Lex community is at risk." "With the well documented demise of queer spaces, our number one priority will always be making sure our community has space to thrive on Lex," Lewis added.

Persons: —, Kel Rakowski, Jennifer Rhiannon Lewis, Lewis, Rakowski, We're, Lex, Gen Z Organizations: Service, Business, Gen

☆ Donald Trump's digital leash has been removed as Meta rolls back the last of its Jan 6-era restrictions on his accounts
▼ + stars: | 2024-07-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Read previewDonald Trump's social media accounts have returned to pre-Capitol riot status. Meta appears to be the final major social media platform to roll back the last of its January 6-era restrictions on Trump's accounts. AdvertisementAfter Elon Musk purchased Twitter, he reinstated Trump's account in November 2022. Though his old social media accounts are now unrestricted and boasting tens of millions of followers, Trump is still primarily sticking with his own company, Truth Social. AdvertisementRepresentatives for the Trump campaign did not immediately respond to a request for comment from Business Insider.

Persons: —, Donald, Meta, Trump, Mark Zuckerberg, he's, Elon Musk Organizations: Service, Capitol, Meta, Business, Facebook, Republican, Trump, Google, Twitter, YouTube, Truth, Truth Social, SEC Locations: United States

☆ How a Trump 2.0 presidency could threaten dollar dominance, according to a think tank
▼ + stars: | 2024-07-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

If elected, Donald Trump has promised to maintain the dollar as the world's reserve currency. But his policies risk deteriorating faith in the greenback, according to one think tank. At number 13, the former president pledged to keep the US dollar in place as the world's main reserve currency. But a second Trump term might actually erode greenback's dominant role, wrote Mark Sobel, US chair of the Official Monetary and Financial Institutions Forum. During his first term, Trump threatened to leave NATO and took the US out of key agreements, such as the Iran nuclear deal, Paris Climate Accord and Trans-Pacific Partnership, Sobel wrote.

Persons: Donald Trump, OMFIF, —, Donald Trump's, Mark Sobel, Sobel, Trump, Biden Organizations: Service, Republican National, Trump, Monetary, Financial, Treasury, Social Security, NATO, Paris Climate Accord, Pacific Partnership Locations: Iran, Paris

☆ Etsy CEO says company is escaping 'race to the bottom' and getting back to its artisan roots
▼ + stars: | 2024-07-09 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Now Etsy CEO Josh Silverman wants the company, whose stated mission is to "keep commerce human," to get back to its roots. The company on Tuesday is launching a major overhaul of the policies that govern its site to make it "crystal clear" to shoppers what products belong on Etsy, Silverman said in an interview with CNBC. The changes include new labels on its website and app to show how each seller created a particular item. "We're positioning ourselves to answer the call for original goods and real people by dialing up the things that make Etsy, Etsy," Silverman said. In December, Etsy laid off 11% of its workforce, with Silverman citing the "very challenging macro and competitive environment" as reasons for the cuts.

Persons: Etsy, Josh Silverman, Silverman, It's Organizations: CNBC, Amazon, Nasdaq Locations: China

☆ Trump's new platform pledges to 'end inflation' and maintain the retirement age to receive Social Security and Medicare benefits
▼ + stars: | 2024-07-08 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

On Monday, Trump's campaign announced that the Republican National Committee adopted the former president's platform for the Republican Party. It also promised to preserve Social Security and Medicare benefits without any cuts, including no efforts to raise the retirement age to receive federal benefits. The latest Social Security and Medicare Board of Trustees report found that the program will only be able to pay out full benefits for the next 11 years , after which 83% of the benefits will be available. The platform said that "Trump has made absolutely clear that he will not cut one penny from Medicare or Social Security. American Citizens work hard their whole lives, contributing to Social Security and Medicare.

Persons: —, Donald Trump, Trump's, Trump, Joe Biden, Biden, Nobody's, Bill Clinton Organizations: Service, Republican National Committee, Republican, Business, Government, American Energy, American System of Justice, White House, Senate, Social Security, GOP, Federal, Trump, Citizens, Seniors

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