Tag Archives: Apple

What’s really Behind the Recent Social Media Purge?

Story at-a-glance

  • In recent days and weeks, we’ve seen an unprecedented wave of censorship sweep across the internet. The only solution will be decentralized platforms that virtually eliminate censorship
  • In what appears to be a coordinated attack, Google, Apple and Amazon destroyed Parler, a main competitor to Twitter and Facebook, literally overnight by yanking it from their app stores and web hosting service. All of Parler’s vendors, from text message services and email providers to lawyers, also canceled their contracts
  • A social media purge began in earnest January 7 and 8, 2021, with the permanent ban of President Trump and a long list of other conservatives from Twitter, Facebook and Instagram. Twitter reportedly suspended more than 70,000 accounts during its weekend purge
  • Rep. Devin Nunes, R-Calif., is calling for a racketeering investigation into Big Tech, saying Amazon, Apple and Google’s suspension of Parler is “clearly a violation of antitrust, civil rights and the Racketeer Influenced and Corrupt Organizations (RICO) Act”
  • According to an October 2020 report by the House Judiciary Subcommittee on Antitrust, Commercial, and Administrative Law, Amazon, Apple, Facebook and Google all have monopoly power and are using that power to rid themselves of competition

“Within the current system, the bottom line is you can be erased from the Internet at any moment, for any reason, by anyone with enough power. Decentralized DNS makes it virtually impossible for authorities to shut down access to the web and gives individuals real ownership over their digital identities, communication channels and means of commerce.” (coindesk.com)

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LINK: https://articles.mercola.com/sites/articles/archive/2021/01/22/big-tech-censorship.aspx?ui=685e66ad79a2084ce1076a1d6f40bd4323d01a706e69013a5023147b938dc9d7&cid_source=dnl&cid_medium=email&cid_content=art1HL&cid=20210122_HL2&mid=DM771049&rid=1064845099

Image by Gerd Altmann from Pixabay

U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes

A reminder here of a corporation’s bottom line…..(from Bloomberg) “Companies have a duty to their shareholders and they’re responding logically to the incentives in the system, Kennedy said. “Companies are strongly driven by the need to increase shareholder value, and especially any public company has to meet market expectations,” ……”

And remember Kiwis, your country is a corporation … corporations are not about people and their general well being, they are about profits, profits, profits.

“Eight of the biggest U.S. technology companies added a combined $69 billion to their stockpiled offshore profits over the past year, even as some corporations in other industries felt pressure to bring cash back home.

Microsoft Corp., Apple Inc., Google Inc. and five other tech firms now account for more than a fifth of the $2.10 trillion in profits that U.S. companies are holding overseas, according to a Bloomberg News review of the securities filings of 304 corporations. The total amount held outside the U.S. by the companies was up 8 percent from the previous year, though 58 companies reported smaller stockpiles.”

Read the article at its SOURCE