Billion deal, rebranding it x, he signalled there would be fewer restrictions on what people could post. He calls himself a Free Speech absolutist. As he told the bbc James Clayton last year. Free speech is meaningless unless you allow people you dont like say things you dont like, otherwise it is a relevant. The point that we lose Free Speech it doesnt come back. Lose freespeech it doesnt come back. Campaigns and ngos that have lost their s come back. Since then the platform come back. Since then the platform and come back. Since then the platform and its come back. Since then the platform and its owner come back. Since then the I Platform and its owner have come back. Since then the platform come back. Since then the platform and come back. Since then the platform and its come back. Since then the platform and its owner come back. Since then the I Platform and its owner have faced constant controversy. Faced constant controversy. IndividualS Banned from Twitter Platform and its owner
We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove
Things like volatile food and energy prices, so called Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers a0 year highs, but it is still well above what the Federal Reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they dont need to raise Interest Rates further. The us central bank, you may recall, raised its benchmark Interest Rate to more than 5. 25 percent, the highest level in 22 years, all in a bid to cool the economy and ease the pressures pushing up prices. So while its too early to say Mission Accomplished from the white house to wall street, there is a sense that progress is being made in the Worlds Largest economy. Chinas E Commerce Giant Alibaba reported its strongest quarterly Revenue Growth in almost two years, pushing its us listed shares up more than 4 . Earlier this week, the latest data showed Consumer Prices falli
53 according to the latest Statement Released in the last hour from the maui county government. Joe biden has already issued a major disaster declaration and the governor has said it is the deadliest Natural Disaster for generations. Thousands have been forced to leave their homes and hospitals have been treating patients for burns and smoke inhalation. Nomia iqbal has this report. Much of the Hawaiian Island of maui is now scorched earth. A pilot can hardly believe what hes seeing. Oh, my gosh look at the harbour this looks like baghdad or something. The Historic Town of lahaina barely exists anymore. Since the fire began on tuesday, it has ripped through, fuelled by Hurricane Force winds, leaving burnt out cars on once busy streets and instead of historic buildings, there are Smoking Piles of rubble. Everybody still out here, its time to go for anyone still in the town, the message is clear get out. If anybody s still here, the fire is on front street and it is time to go this Satell