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Muhammed Selim Korkutata | Anadolu Agency | Getty ImagesAfter several celebrity and blue-check verified Twitter users changed their accounts to mimic the social network's new owner Elon Musk, he called for a swift change to policy enforcement. Musk wrote on Sunday that, moving forward, Twitter will now permanently suspend impersonators' accounts without warning if they are not clearly labeled as parody. In May, after he agreed to buy Twitter, Musk argued against lifetime bans and said he would reverse one on Donald Trump. The platform would not usually jump to a permanent ban of a user's account for impersonation prior to Musk's takeover. Twitter and Elon Musk did not immediately respond to a request for comment or confirmation as to whether Sommer and Griffin were permanently banned.
In this photo illustration, the image of Elon Musk is displayed on a computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. When Tesla and SpaceX CEO Elon Musk took over at Twitter, showing up at headquarters on Oct. 27, 2022, online trolls and bigots raided the social network, polluting it with a deluge of racist epithets and other hate speech. Their campaign was waged across myriad social platforms including Twitter and Reddit, and manifested in real world rape and death threats, and a bomb scare targeting the critic. Some people engage in so-called "inauthentic" activity on social networks just to see if they can get away with it ("for the lulz"). NCRI uses sophisticated machine learning software and systems to monitor huge amounts of social network content, and to track rising hatred and threats against marginalized groups online, including Black, Jewish, Hindu and Muslim people.
Elon Musk's Twitter has taken away certain content moderation and policy enforcement tools from some employees ahead of the U.S. midterm elections, according to Bloomberg News. The move affects most employees who are part of Twitter's Trust and Safety organization, Bloomberg reported on Tuesday, citing unnamed sources. The staffers are unable to address and discipline user accounts that violate Twitter's rules around hate speech and misinformation unless they involve harm, the report said. Twitter is still using automated content moderation tools and third-party contractors to prevent the spread of misinformation and inflammatory posts while Twitter employees review high-profile violations, Bloomberg said. WATCH: Musk's Twitter takes on content moderation
After closing a $44 billion transaction to take Twitter private, Tesla and SpaceX CEO Elon Musk — now the de facto CEO of Twitter — announced that he plans to form a "content moderation council" at the social networking company. He says he will not make any "major content decisions" or reinstate any accounts that were previously banned before the council convenes. Twitter rival Facebook has been roundly criticized for using a council approach to making content moderation decisions. Early in the Trump presidency, Musk served on a White House economic advisory board and a manufacturing jobs initiative council. The former president previously said he would not return to the platform, but that could change now that the company is run by Musk.
Many rules require banks to bulk up on treasuries. Two other bankers said the executives expressed concerns over longer-term "systemic risks" due to the level of their bond holdings. Parliament, dominated by the AKP and nationalist allies, is debating next year's budget including record spending of 258.4 billion lira on social aid. VULNERABLE TO REVERSALThe series of rules increased the central bank's authority over the government debt, credit and loan markets, bankers say. Akbank's (AKBNK.IS) Q3 net profit was 17.07 billion lira versus 3.21 billion lira year ago.
Gold firms as dollar rally pauses; rate-hike woes cap gains
  + stars: | 2022-10-17 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices rose on Monday after declining more than 1% in the previous session, as a pause in the dollar rally alleviated some pressure from the greenback-priced bullion, though looming U.S. rate hike restricted further gains. Spot gold rose 0.4% to $1,648.91 per ounce, as of 0405 GMT. The dollar index was flat, while the benchmark U.S. 10-year Treasury yields eased, moving away from the 14-year peak touched last week. A survey from the University of Michigan on Friday showed consumer sentiment improved further in October, but inflation expectations deteriorated a bit, keeping expectations of another 75-basis-point rate hike intact. Gold is highly sensitive to rising U.S. rates, which increases the opportunity cost of holding non-yielding gold.
Death toll rises to 41 in Turkey coal mine explosion
  + stars: | 2022-10-15 | by ( ) www.cnbc.com   time to read: +4 min
BARTIN, TURKIYE - OCTOBER 15: Turkish President Recep Tayyip Erdogan (L) speaks with mine workers at the explosion site of a coal mine in Turkiye's northern Bartin province on October 15, 2022. Number of miners killed in blast rises to 41. (Photo by Turkish Presidency / Murat Cetinmuhurdar / Handout/Anadolu Agency via Getty Images)Funerals for miners killed in a coal mine explosion in northern Turkey began Saturday as officials raised the death toll to at least 41 people. There were 110 miners working several hundred meters below ground at the time of the explosion on Friday evening. Five months later, 18 miners were killed in central Karaman province after a flood in a coal mine.
Gold flat as firm dollar, U.S. rate-hike outlook dent appeal
  + stars: | 2022-10-11 | by ( ) www.cnbc.com   time to read: +1 min
Gold products are on display in front of a jewellery store at a shopping area in Elazig, Turkiye. Gold prices were flat on Tuesday, pinned near a one-week low hit in the previous session, as a firmer dollar and the prospect of further oversized rate hikes by the U.S. Federal Reserve sapped the zero-yielding asset's appeal. Spot gold was flat at $1,668.29 per ounce, as of 0143 GMT. While gold is considered a hedge against inflation and economic uncertainties, rising interest rates reduce appeal for the asset, which pays no interest. Spot silver fell 0.4% to $19.57 per ounce, platinum dipped 0.1% to $897.50 and palladium rose 0.2% to $2,176.00.
Gold flat as firm dollar, U.S. rate hike dent appeal
  + stars: | 2022-09-23 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices were flat on Friday as the dollar held close to its recent peak while the likelihood of more aggressive interest rate hikes by the U.S. Federal Reserve also weighed on the appeal for non-yielding bullion. Gold prices were flat on Friday as the dollar held close to its recent peak while the likelihood of more aggressive interest rate hikes by the U.S. Federal Reserve also weighed on the appeal for non-yielding bullion. Spot gold was flat at $1,671.60 per ounce by 0107 GMT. Gold prices have fallen nearly 20% since scaling above the key $2,000 per ounce mark in March. Spot silver was flat at $19.64 per ounce, platinum rose 0.3% to $903.22, while palladium dipped 0.2% to $2,165.10.
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