The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!" The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!" Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell. Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell.
WASHINGTON: U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies for stifling conservative voices, a day after Twitter attached a warning to some of his tweets prompting readers to fact check the president's claims.
Without offering evidence, Trump again accused such platforms of bias, tweeting: "Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen."
The president, a heavy user of Twitter with more than 80 million followers, added: "Clean up your act, NOW!!!!"
Trump's threat to shut down platforms like Twitter Inc and Facebook was his strongest yet within a broader conservative backlash against Big Tech. Shares of both companies fell.
Twitter for the first time attached fact-check labels on Trump tweets after he made unsubstantiated claims on Tuesday about mail-in voting. In a pair of early morning posts on Wednesday, the Republican president again blasted mail-in ballots. Trump falsely claims that mail-in ballots lead to vote fraud and ineligible voters getting ballots.
Twitter and Facebook declined comment on Trump's tweets. Asked during Twitter's annual meeting on Wednesday why the company decided to affix the label to Trump's mail-in ballot tweets, General Counsel Sean Edgett said decisions about handling misinformation are made as a group.
"We have a group and committee of folks who take a look at these things and make decisions on what's getting a lot of visibility and traction...," he said.
In recent years Twitter has tightened its policies amid criticism that its hands-off approach allowed fake accounts and misinformation to thrive.
Tech companies have been accused of anti-competitive practices and violating user privacy. Apple, Google, Facebook and Amazon face antitrust probes by federal and state authorities and a U.S. congressional panel.
The Internet Association, which includes Twitter and Facebook among its members, said online platforms do not have a political bias and they offer "more people a chance to be heard than at any point in history."
AUTHORITY OR NOT?
It was not immediately clear whether Trump has the authority to shut down the companies. The American Civil Liberties Union said the First Amendment of the U.S. Constitution limits any action Trump could take to regulate social media platforms.
Separately, a three-judge panel of the U.S. Court of Appeals in Washington on Wednesday upheld the dismissal of a suit brought by a conservative group and right-wing YouTube personality against Google, Facebook, Twitter and Apple alleging they conspired to suppress conservative political views.
Republican and Democratic lawmakers, along with the U.S. Justice Department, have been considering changes to Section 230 of the Communications Decency Act, a federal law largely exempting online platforms from legal liability for the material their users post. Such changes could expose tech companies to more lawsuits.
Republican Senator Josh Hawley, a frequent critic of Big Tech companies, sent a letter to Twitter Chief Executive Jack Dorsey on Wednesday asking why the company should continue to receive legal immunity after "choosing to editorialize on President Trump's tweets."
Twitter's rival Facebook left Trump's post on mail-in ballots on Tuesday untouched. - Reuters
@Mikecyc : it is normal for the director/principal officer to announce their intention to trade shares(can be selling or buying) prior any announcement(ie q results). it is a guideline "Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad "
Digital platforms many can do n u don't know how will get jobs. The infrastructures only 3 players. Out of those 3 Redtone has the best track record n the most impressive balance sheet. Sold some on Wed. Waiting to reload!
@vanessA im muslim n im joint this stock today.. this stock declared/audited as syariah stock.. no need to doubt.. fundamental for this company very good.. politically and financially.. ready to fly!
Paramount Group CEO Jeffrey Chew said operations was impacted by the COVID-19 pandemic, and like other property businesses, offices, construction sites and sales galleries were closed in compliance with the Movement Control Order (MCO).
“However, the Property division continued to pursue sales and marketing activities online, supported by virtual sales galleries during the MCO period. The response to our PrioritY campaign launched during the period was encouraging. The incentives we offered such as loan repayment subsidies, free maintenance fees for up to two years, and zero cost for sales and purchase agreement (SPA) legal fees, loan stamp duties, and Memorandum of Transfer were well received by our buyers.
“Despite sales galleries being closed and only recently opened on appointment basis, we secured close to RM100 million in bookings from March to May during the MCO and Conditional MCO periods.
for existing 2300MHz and 2600MHz, the MCMC is also open for existing LTE bands to be used for 5G. In China, 2600MHz is currently assigned to China Mobile for 5G and it is possible for existing telcos in Malaysia to do the same.
Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Company wishes to announce that it has received notifications from the following Directors and Principal Officer of the Company of their intention to deal in the securities of the Company during the closed period pending the announcement to Bursa Securities of the results for the financial quarter ended 31 March 2020. Their current interests in the securities of the Company are shown in the table below:-
Name Nature of Interest in the Company No. of ordinary shares as at 21 April 2020 % Lau Bik Soon (Director) Direct Interest 2,810,360 0.364 Dato’ Mohd Zaini bin Hassan (Director) Direct Interest 20,000 0.003 Mathew Thomas a/l Vargis Mathews (Director) Direct Interest 615,000 0.080 Lau Hock Chye (Chief Financial Officer) Direct Interest 10,000 0.001
CEO is keep selling shares in 2019 and resigned as remuneration committee together with ED :
Type of Board Committee Remuneration Committee Date of change 26 Aug 2019 Salutation MR Name LAU BIK SOON Age 49 Gender Male Nationality Malaysia Type of change Resignation Designation Member of Remuneration Committee Directorate Executive
Type of Board Committee Remuneration Committee Date of change 26 Aug 2019 Salutation MR Name HO MENG Age 60 Gender Male Nationality Malaysia Type of change Resignation Designation Member of Remuneration Committee Directorate Executive
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
45,527 posts
Posted by Mikecyc > 2020-05-28 07:22 | Report Abuse
CEO , CFO , Directors intend to sell all shares..beware ..