Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Elon Musk sparks debate on banning Anti-Defamation League from X

Published

on

Elon Musk found himself at the center of controversy over the weekend when he elevated an antisemitic campaign aimed at banning the Anti-Defamation League (ADL) from his social media platform.

Musk’s tweet, posted on Saturday, responded to a notorious extremist pundit who had noted that the hashtag #BanTheADL was trending on the platform, formerly known as Twitter. In his tweet, Musk suggested, “Perhaps we should run a poll on this?”

The Tesla CEO’s eyebrow-raising tweet came shortly after he liked a post from Keith Woods, a hard-right YouTube influencer, who accused the ADL of “financially blackmailing social media companies into removing free speech on their platform.” Musk responded to Woods’ tweet, stating that the ADL had made substantial efforts to exert control over X/Twitter.

However, by Monday, Musk attempted to mitigate the uproar surrounding his tweet, emphasizing, “To be super clear, I’m pro free speech, but against antisemitism of any kind.”

The campaign to ban the ADL emerged following a meeting last Wednesday between X’s CEO, Linda Yaccarino, and the ADL’s President, Jonathan Greeblatt. The meeting focused on X’s moderation of hate speech on its platform, with Greeblatt tweeting about the “very frank + productive conversation” regarding steps X should take to address hate effectively.

Greeblatt also mentioned that the ADL would closely monitor X’s actions and would acknowledge improvements if they occurred, while reserving the right to criticize the platform until such improvements took place.

Continue Reading

News

Rate cuts ahead? US stocks bounce as inflation cools

Published

on

Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action.

Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay.

Meanwhile, in the US, softer inflation data has lifted hopes that the Federal Reserve could cut rates later this year. That news helped spark a sharp turnaround in US equities, with the so-called “sell America” trade now unwinding as buyers return to Wall Street.

Continue Reading

News

Trump’s $600B Middle East Deal: What It Means for Global Stability

Published

on

 

President Donald Trump’s four-day Middle East tour during his second term has sparked global attention, locking in a monumental $600 billion investment from Saudi Arabia. From AI to defence, space to energy—this economic pact is reshaping U.S. foreign policy.

In an unprecedented move, Trump also lifted long-standing U.S. sanctions on Syria after meeting its new president, raising eyebrows among traditional allies.

Ticker News anchor Veronica Dudo speaks with Erbil “Bill” Gunasti, former Turkish PM Press Officer and Republican strategist, to break down the implications for national security, global diplomacy, and the path to peace in Ukraine.

Continue Reading

News

Trump’s AI deals raise concerns over China ties

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

Published

on

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

In Short:
Trump’s AI deals with Saudi Arabia and the UAE are causing internal conflicts in his administration over US national security. Officials are concerned that American technology supplied to the Gulf could ultimately benefit China, leading to calls for enhanced legal protections.

President Donald Trump’s recent AI deals in Saudi Arabia and the UAE are causing internal conflicts within his administration.

Concerns are rising among officials, particularly China hawks, about the implications for US national security and economic interests.

Agreements include shipments of vast quantities of semiconductors from Nvidia and AMD to the Gulf states, prompting fears that American technology could ultimately benefit China, given the region’s ties with Beijing.

While the accords include clauses to limit Chinese access to the chips, some officials argue that further legal protections are necessary.

Critics, including Vice President JD Vance, have suggested that maintaining US dominance in AI is crucial, and shipping chips abroad might undermine that goal.

Supporters of the deals, including AI Adviser David Sacks, argue the need for American technology in the Gulf to deter reliance on Chinese alternatives.

Despite this, internal discussions are underway to potentially slow down or reassess the agreements due to ongoing national security concerns.

Conversations have also included proposals for a significant chip manufacturing facility in the UAE, which many officials deem risky due to China’s influence.

Additionally, worries persist about G42, an AI firm in Abu Dhabi, which has historical ties to Huawei.

The agreements with Gulf countries promise to enhance their technological capabilities while necessitating careful oversight to address US security priorities.

 

Continue Reading

Trending Now