Business

Facebook posts promoting violence still circulated even after insurrection

Facebook posts promoting violence during inauguration week have circulated on the platform over the past week despite a crackdown by the social media giant since the January 6 insurrection, a tech watchdog group found. “Patriots January 20, 2021 is your Tiananmen Square moment!!!” one post in a private pro-Trump Facebook group read.“We need to organize […]

Business

Social media fueled the Capitol mob. Now Biden and Congress must crack down

Facebook COO Sheryl Sandberg is rightfully being criticized for claiming that the US Capitol riots were “largely organized” on other social media platforms “that don’t have our abilities to stop hate and don’t have our standards and don’t have our transparency.” Despite her attempts to deflect blame, Facebook as well as other social media companies […]

Business

Bulletproof vests and gas masks: Journalists prep for Inauguration Day

At the end of December, Los Angeles Times Washington Bureau Chief Kimbriell Kelly was looking at getting Moleskine notebooks as gifts for her staff. A couple weeks later, she was procuring goods of a decidedly different kind: gas masks, helmets and body armor for LA Times staff members who will be attending Wednesday’s inauguration of […]

Business

It’s 53% alcohol and tastes like fire. Here’s how this liquor brand took over China

When Costco opened its first store in China in 2019, it wasn’t just the hot rotisserie chickens and discounted Birkin bags that lured frenzied crowds. A fiery, throat-tingling liquor called Kweichow Moutai also flew off shelves. At 1,498 yuan, or $209 for a half-liter bottle, it might not sound like the kind of bargain Costco […]

Business

He may hold the winning ticket in tech and Silicon Valley knows it

Mukesh Ambani has spent years trying to turn his inherited oil business into a tech empire. In 2020, that pivot really kicked into overdrive. Between March and November last year, even as the coronavirus upended lives and devastated economies around the world, India’s richest man was handed more than $27 billion to make a bet […]

Business

Scottish fishermen say ‘Brexit carnage’ threatens to kill their business

Scottish fishermen parked their trucks near UK Prime Minister Boris Johnson’s office at 10 Downing Street on Monday to protest post-Brexit red tape they say has made it almost impossible to sell British seafood to the European Union. Many of them drove several hours from Scotland, where the fishing industry is in crisis because paperwork […]

Business

Ford closes German plant for 1 month as global chip crisis worsens

Ford has ordered a month-long production halt at one of its plants in Germany, the latest sign that a global shortage of computer chips is putting carmakers under increasing pressure and threatening their recovery from the pandemic. The US automaker said it would idle its factory in Saarlouis, Germany, from Monday until February 19 because […]