Tag: Social Media Companies

Supreme Court Issues Another Temporary Pause on Injunction Against Biden Admin Censorship Efforts

Connecticut Star Staff

Supreme Court Justice Samuel Alito on Friday issued another stay of an injunction blocking the Biden administration from encouraging social media companies to censor speech.

Alito’s administrative stay blocks the injunction originally issued by District of Louisiana Judge Terry A. Doughty until Oct. 20, giving the justices more time to consider the Biden administration’s request for a longer stay on the injunction and to take up the case. Alito has issued short stays against the injunction twice, with the last one expiring Sept. 27.

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Supreme Court Extends Pause on Appeals Court Ruling on Biden Admin Censorship Efforts

Connecticut Star Staff

The Supreme Court on Friday extended its stay on an injunction blocking the Biden administration from coercing or significantly encouraging social media companies to censor speech.

Justice Samuel Alito temporarily froze the injunction until Sept. 22 last week after the Biden administration requested a stay. On Friday, the justices extended the stay to Sept. 27.

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U.S. House Passes Protecting Speech from Government Interference Act

The Center Square

The GOP-controlled U.S. House of Representatives passed a bill Thursday that prohibits federal bureaucrats from using their influence to censor speech or pressure social media companies to censor speech.

The Protecting Speech from Government Interference Act passed on a 219-206 vote. It broke along party lines according to The Hill and is seen as unlikely to advance in the Democratic-controlled U.S. Senate.

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Commentary: Social Media Companies Continue to Profit from Self-Harm Content

RealClearWire

The web’s earliest days were marked by optimism that the digital world would be an unfettered force for good. It would sweep away censorship and oppression, connect the planet, and empower anyone, anywhere, to be heard by the world. Over time, however, the web’s darker byproducts have become more apparent, with companies’ own research confirming the harms that social media, in particular, is having on teens. A recent report sheds light on Twitter’s role in promoting adolescent self-harm like cutting – and the company’s seeming inability to stop it.

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Facebook ‘Whistleblower’ Teams Up with Ex-Feds, Left-Wing Billionaire to Police Social Media

Admin

Former Facebook employee and whistleblower Frances Haugen is heading a new initiative, featuring a slew of former intelligence officials and bankrolled by a left-wing billionaire, that aims to influence how social media companies moderate speech and content.

Haugen will co-chair the Council for Responsible Social Media, according to a Wednesday press release from Issue One, a non-profit sponsoring the initiative. The council’s members includes Leon Panetta, former CIA Director and secretary of Defense under Barack Obama, Chris Krebs, director of the Cybersecurity and Infrastructure Security Agency under Donald Trump, and Bush administration CIA Director Porter Goss; members also include the Biden administration’s former Director for Legislative Affairs at the National Security Council Nicole Tisdale and Obama administration Defense Secretary Chuck Hagel.

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Trump’s Entertainment Venture Outperforming All Similar Companies: REPORT

Connecticut Star Staff
Donald Trump sitting at desk

Former President Donald Trump’s entertainment venture is currently outperforming all other special purpose acquisition companies (SPACs), according to a recent market report.

Digital World Acquisition Corp (DWAC), the SPAC used to take Trump Media & Technology Group (TMTG) public, is outperforming all other SPACs, according to a market analysis by SPAC Research reported by Reuters. The company’s shares ended trading at $73.12 on Friday, giving the company a valuation of roughly $13 billion, according to Reuters.

A SPAC is a company that acquires private companies and lists them publicly on a stock exchange without the private company engaging in an initial public offering (IPO). In this case, Trump used DWAC to take his company public in order to raise funding for his social media venture, TRUTH Social, which he has billed as an alternative to major tech platforms like Facebook and Twitter.

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