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Trump’s ‘Twitter killer’ social media platform hacked on launch day

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Hackers targeted the pro-Trump social media app on its launch day

Jason Miller, senior adviser to former US president Donald Trump launched the social media app GETTR on Sunday. Miller says over half a million people have registered to use the site.

The hacker was able to access to platform and change the names on several verified accounts to ‘@JubaBaghdad was here’.

“The problem was detected and sealed in a matter of minutes, and all the intruder was able to accomplish was to change a few user names,” Miller said in an emailed statement to Reuters.

Miller said the situation had been “rectified” when asked about security on the new social media site.

Who is ‘JubaBaghdad’?

The Twitter account listed on the hack has a pro-palestine pinned Tweet, with a bio ‘we work in the darkness, but serve the light’. They appear to be from Iraq. At the time of reporting, the account only is following 27 users.

JubaBaghdad pops up online across several hacker forums and platforms including Bugreader, and appears to have a history volunteering to make platforms more secure for users.

There is a Medium account with the same username and bio. It’s unclear whether these were the same person, and whether JugaBaghdad is actually responsible for the hack.

What is GETTR?

GETTR is a Twitter-style platform with posts and trending topics. The app advertised itself on the Google and Apple app stores as “a non-bias social network for people all over the world.” 

Former Trump adviser Steve Bannon on Sunday described GETTR as “the Twitter killer” in a post on the new site.

Miller told Fox News earlier this week he hoped Trump would join but that the former president was considering a number of options. He said Trump was not funding the platform.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Money

Markets surge as Fed hints at July cut

Fed’s Waller hints at July rate cut, boosting investor sentiment; Trump imposes 50% tariff on Brazil, provoking minimal market response.

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Fed’s Waller hints at July rate cut, boosting investor sentiment; Trump imposes 50% tariff on Brazil, provoking minimal market response.


Fed Governor Christopher Waller, tipped as a possible next Chair, signalled a July rate cut is on the table, calling current policy “too tight.” That’s been enough to supercharge investor sentiment.

Meanwhile, Trump has slapped a surprise 50% tariff on Brazil, sparking political tension. Brazil’s President responded with tough talk on “sovereignty,” but markets barely blinked, the Brazilian real dropped just 1%.

#StockMarket #FederalReserve #Bitcoin #AUD #TrumpTariffs #TickerNews

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Trump’s copper tariff shakes global markets

Trump’s 50% copper import tariff aims to strengthen U.S. manufacturing, impacting global supply chains and Chile significantly.

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Trump’s 50% copper import tariff aims to strengthen U.S. manufacturing, impacting global supply chains and Chile significantly.


President Donald Trump has unveiled plans to impose a 50% tariff on copper imports, a move set to rattle global supply chains and redraw the industrial map.

The tariff will hit within weeks, with Chile, the world’s largest copper exporter, expected to bear the brunt.

While Australia’s direct copper trade with the US is limited, analysts say the real message is strategic: the US is reinforcing its domestic manufacturing power.

#CopperTariff #DonaldTrump #TradeWar #GlobalMarkets #TickerNews

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RBA unexpectedly keeps interest rates steady at 3.85%

RBA surprises with decision to maintain interest rates at 3.85%, impacting economic forecasts and housing market activity.

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RBA surprises with decision to maintain interest rates at 3.85%, impacting economic forecasts and housing market activity.

In Short:
The Reserve Bank of Australia has kept its cash rate at 3.85% despite concerns from the Housing Industry Association about its impact on new home construction. Although inflation is within target and there’s some market confidence, households are under financial strain amidst economic uncertainties.

The Reserve Bank of Australia has decided to maintain the cash rate at 3.85% following a split vote of six to three. This unexpected decision comes as the Housing Industry Association warns that these rates remain restrictive, potentially hindering new home building.

Senior economist Tom Devitt stated that the rates will delay necessary building activity but noted improved market confidence following previous rate cuts.

Current inflation data shows the RBA’s preferred measure has been declining and remains within the target range. However, household spending is under strain, with Australia experiencing a per capita recession since mid-2022.

Labour costs

The RBA’s decision was influenced by concerns over productivity growth and high unit labour costs, affecting its inflation outlook. While some economists anticipated a rate cut, the RBA opted for caution due to economic uncertainties, both domestically and internationally.

The bank acknowledged gradual recovery in private demand and household incomes but highlighted ongoing challenges in passing cost increases to final prices.

Despite the hold on rates, price rises in essentials like petrol continue to impact Australian households. The RBA emphasized the need for ongoing assessment before making future rate changes, suggesting a careful approach in response to evolving economic conditions.

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