Corporate Corruption News StoriesExcerpts of Key Corporate Corruption News Stories in Major Media
Below are key excerpts of revealing news articles on corporate corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.
Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
Amazon has been accused of using "intrusive algorithms" as part of a sweeping surveillance program to monitor and deter union organizing activities. Workers at a warehouse run by the technology giant on the outskirts of St Louis, Missouri, are today filing an unfair labor practice charge with the National Labor Relations Board (NLRB). A copy of the charge ... alleges that Amazon has "maintained intrusive algorithms and other workplace controls and surveillance which interfere with Section 7 rights of employees to engage in protected concerted activity". There have been several reports of Amazon surveilling workers over union organizing and activism, including human resources monitoring employee message boards, software to track union threats and job listings for intelligence analysts to monitor "labor organizing threats". Artificial intelligence can be used by warehouse employers like Amazon "to essentially have 24/7 unregulated and algorithmically processed and recorded video, and often audio data of what their workers are doing all the time", said Seema N Patel ... at Stanford Law School. "It enables employers to control, record, monitor and use that data to discipline hundreds of thousands of workers in a way that no human manager or group of managers could even do." The National Labor Relations Board issued a memo in 2022 announcing its intent to protect workers from AI-enabled monitoring of labor organizing activities.
Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Tech and the disappearance of privacy from reliable major media sources.
On July 16, the S&P 500 index, one of the most widely cited benchmarks in American capitalism, reached its highest-ever market value: $47 trillion. 1.4 percent of those companies were worth more than $16 trillion, the greatest concentration of capital in the smallest number of companies in the history of the U.S. stock market. The names are familiar: Microsoft, Apple, Amazon, Nvidia, Meta, Alphabet, and Tesla. All of them, too, have made giant bets on artificial intelligence. For all their similarities, these trillion-dollar-plus companies have been grouped together under a single banner: the Magnificent Seven. In the past month, though, these giants of the U.S. economy have been faltering. A recent rout led to a collapse of $2.6 trillion in their market value. Earlier this year, Goldman Sachs issued a deeply skeptical report on the industry, calling it too expensive, too clunky, and just simply not as useful as it has been chalked up to be. "There's not a single thing that this is being used for that's cost-effective at this point," Jim Covello, an influential Goldman analyst, said on a company podcast. AI is not going away, and it will surely become more sophisticated. This explains why, even with the tempering of the AI-investment thesis, these companies are still absolutely massive. When you talk with Silicon Valley CEOs, they love to roll their eyes at their East Coast skeptics. Banks, especially, are too cautious, too concerned with short-term goals, too myopic to imagine another world.
Note: For more along these lines, see concise summaries of deeply revealing news articles on AI and corporate corruption from reliable major media sources.
What if your entire economy was based on one product? For all intents and purposes, Denmark quite literally runs on Ozempic, a diabetes medication that is now widely used by consumers to lose weight. Worldwide sales have increased by over 60% in the past year alone. In the United States, which is one of its largest markets, prescriptions for Ozempic and similar drugs quadrupled between 2020 and 2022. At the end of 2023, Novo became the largest company in Europe. And its rise has eclipsed the Danish economy, creating a lot of value on the one hand, but an imbalanced economy on the other. You might have heard of "petrostates," countries where fossil fuel extraction dominates the economy. By that measure, you might call Denmark a pharmastate, because Novo now dominates the Danish economy. Nearly 1 out of every 5 Danish jobs created last year was at Novo. And that's just directly. If you also include the jobs that Novo has created indirectly – like, for example, at its suppliers, or from all the newly wealthy Novo employees spending their money at shops and restaurants – nearly half of all private-sector nonfarm jobs created in Denmark can be traced back to Novo. Novo Nordisk's meteoric trajectory raises a question about economic growth that's much bigger than just Denmark: Namely, what are the risks of having one giant company driving your entire economy? And crucially, what happens if that company's fortunes take a turn for the worse?
Note: The makers of these weight-loss drugs could be hit with over 10,000 lawsuits over severe adverse events from these drugs. It is now estimated that 1 in 8 adults in the US have taken Ozempic or another weight-loss drug. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering from reliable major media sources.
Pesticides may cause cancer on a level equivalent to smoking cigarettes, a new study has found. The widespread use of pesticides may lead to hundreds of thousands of additional cancer cases in major corn-producing states like Iowa, Illinois, Indiana, Missouri and Ohio – even for Americans who don't work on farms, according to findings published ... in Frontiers in Cancer Control and Society. In February, scientists from the Endocrine Society and the International Pollutants Elimination Network raised concerns that there was no safe level of exposure to many common pesticides. Research ... has tended to focus on specific pesticides, regions or cohorts of the population (like farm workers) – which obscures the fact that pesticides are used across the country, and that those exposed to any of them tend to be exposed to many of them, creating a greater compound risk. The researchers found a difference of 154,000 cancer cases per year, adjusted for population, between the area with the lowest pesticide use – the Great Plains – and that with the highest, the corn belt of the inner Midwest, where hundreds of millions of pounds of glyphosate are applied each year across millions of acres. When it came to individual cancers, pesticide use seemed to have the strongest association with blood cancers like leukemia or non-Hodgkin lymphoma. Half again as many cases of the latter appeared to be "caused by pesticides compared to smoking," the researchers wrote.
Note: For more along these lines, see concise summaries of deeply revealing news articles on health and food system corruption from reliable major media sources.
A new study found the amount of pesticides used on farms was strongly associated with the incidence of many cancers – not only for farmers and their families, but for entire communities. The just-released analysis showed that "agricultural pesticides can increase your risk for some cancers just as much as smoking," says co-author Isain Zapata. Living in places with high pesticide use increased the risk of colon and pancreatic cancers by more than 80 percent. Pesticides are currently an integral part of the country's industrialized agricultural system. About a million pounds of pesticides are used each year, across nearly every state in the country. These chemicals make their way through the food system: a pesticide linked to infertility, for example, is widely found in household staples like Cheerios. When a pesticide is first registered with federal regulators, the vast majority of the information available about it is science conducted by the company who made it. "The presumption in the U.S. is in favor of the safety of the chemical," Burd says. Elsewhere, like the European Union, "chemicals are not presumed safe, they adopt a much more precautionary approach." There's also a revolving door between the [Environmental Protection Agency] and the industry it regulates. Alexandra Dunn, the former assistant administrator for the Office of Chemical Safety and Pollution Prevention, for example, is now running CropLife America, the pesticide industry's leading lobbying group. She's only the latest; since 1974, all of the office's directors went on to work for pesticide companies.
Note: For more along these lines, see concise summaries of deeply revealing news articles on toxic chemicals and food system corruption from reliable major media sources.
Being overweight or obese is a serious, common, and costly chronic disease. More than two in five U.S. adults have obesity. By 2030, nearly one of two adults in the U.S. are projected to be obese. More than 108 million U.S. adults live with obesity and more than 1 billion people are obese around the world. Obesity accounted for nearly $173 billion in medical expenditures in 2019. Recent news that weight loss medications, including GLP-1 receptor agonists like Ozempic and others, are revolutionizing obesity medicine. Some patients lose up to 20 percent of their initial body weight in a year or two on these drugs. Yet a recent lawsuit challenging a top brand heightens concerns about this relatively new class of drugs. More than half of graduating medical students report that the time dedicated to clinical nutrition instruction is insufficient. In a striking study of 115 medical doctors, the majority of participants (65.2 percent) demonstrated inadequate nutrition knowledge, with 30.4 percent of those scoring low having a high self-perception of their nutrition knowledge. The important role of medical doctors in addressing nutrition in clinical practice has been acknowledged by multiple authoritative professional bodies. Ironically, most doctors often lack the knowledge to help a patient eat healthy and to realize the importance of food to wellness. In a contested space filled with commercial interests and influencers, it is critical for a doctor to be a reliable source of evidence-based nutrition.
Note: For more along these lines, see concise summaries of deeply revealing news articles on health and food system corruption from reliable major media sources.
Across the world, over 800 million people spend their days hungry. More than 2 billion have limited access to food. Yet today's global food system produces enough to feed every person on the planet. To account for these trends, we need to look at market concentration, and how a small number of very big companies have come to dominate the production and supply of the food we all eat. The global food system has become much more concentrated in recent years, partly through an increase in mergers and acquisitions, where large firms buy up rival companies until they completely dominate key areas. High levels of market concentration mean less transparency, weaker competition, and more power in the hands of fewer firms. And our research reveals that a rise in the number of mergers and acquisitions is taking place at all stages of the global food system – from seeds and fertilisers to machinery and manufacturing. This is all part of food being increasingly seen as a source not only of human sustenance, but as a profitable investment – or what is known as the "financialisation of food". Just four firms control 44% of the global farm machinery market, two companies control 40% of the global seed market, and four businesses control 62% of the global agrochemicals market. This trend is matched in food retail, with four firms – Tesco, Sainsbury's, Asda, and Morrisons – estimated to control over 64% of the UK grocery market.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in the food system and in the corporate world from reliable major media sources.
Corporations across the food system increasingly have the power, by virtue of their size, market domination, political connections, and deep pockets, to set prices, meddle with science, evade regulation, and write the rules to benefit themselves. "Big Ag" and "Big Food" are shorthand for a sprawling collection of giant, often multinational corporations that wield enormous market power throughout our food system. Some of these companies are household names–for example, Tyson Foods, John Deere, and General Mills–while others are virtually unknown to consumers. Those lesser-known companies tend to operate up the supply chain, and include Bayer and Syngenta, which sell the seeds farmers need and the pesticides they've come to rely on, and Nutrien and CF Industries Holdings, which manufacture synthetic fertilizers. The consequences of extreme agriculture and food industry concentration ... include supply chain instability, unsafe working conditions and downward pressure on wages, and higher food prices for consumers. Some 40% of farmland nationally is owned, in ever-larger tracts, by absentee landlords who don't farm but rent to others (in the Corn Belt bullseye of Iowa, it's more than half). Billionaires, including Microsoft founder Bill Gates, are among the largest private owners of US farmland. And corporations and investment funds like Nuveen and Manulife are buying up farmland at a rate that should alarm you.
Note: For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.
Every five years or so, Congress reauthorizes a comprehensive, multibillion-dollar law that has a major impact not only on farmers and ranchers–who make up less than 2 percent of the US population–but also on the environment, public health, and the economy. Generically called the "farm" bill, it is actually a farm and food bill that supports a wide range of programs, including ones that cover crop insurance, financial credit, and export subsidies for farmers, as well as the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps. SNAP, which eats up 80 percent of the bills' total budget, currently serves 41 million low-income Americans. A major ... reason farm and food bills routinely fail to live up to their original intent is the undue influence the agribusiness sector has over Congress, which it exerts via campaign contributions and lobbying. The sector includes commodity crop traders, meat and poultry processors, fertilizer and pesticide makers, multinational food and beverage companies, giant supermarket chains, and all of their related trade associations. The agribusiness sector spent more than $793 million on lobbying on a range of issues between 2019 and 2023. Top spenders included the American Crystal Sugar Company, the American Farm Bureau Federation, Koch Industries, and the US Chamber of Commerce. Agribusiness's influence peddling is largely overlooked by the mainstream news media.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the food system from reliable major media sources.
After government officials like former White House advisers Rob Flaherty and Andy Slavitt repeatedly harangued platforms such as Facebook to censor Americans who contested the government's narrative on COVID-19 vaccines, Missouri and Louisiana sued. They claimed that the practice violates the First Amendment. Following years of litigation, the Supreme Court threw cold water on their efforts, ruling in Murthy v. Missouri that states and the individual plaintiffs lacked standing to sue the government for its actions. The government often disguised its censorship requests by coordinating with ostensibly "private" civil society groups to pressure tech companies to remove or shadow ban targeted content. According to the U.S. House Weaponization Committee's November 2023 interim report, the Cybersecurity and Infrastructure Security Agency requested that the now-defunct Stanford Internet Observatory create a public-private partnership to counter election "misinformation" in 2020. This consortium of government and private entities took the form of the Election Integrity Partnership (EIP). EIP's "private" civil society partners then forwarded the flagged content to Big Tech platforms like Facebook, YouTube, TikTok and Twitter. These "private" groups ... receive millions of taxpayer dollars from the National Science Foundation, the State Department and the U.S Department of Justice. Legislation like the COLLUDE Act would ... clarify that Section 230 does not apply when platforms censor legal speech "as a result of a communication" from a "governmental entity" or from an non-profit "acting at the request or behest of a governmental entity."
Note: For more along these lines, see concise summaries of deeply revealing news articles on censorship and government corruption from reliable sources.
OnlyFans makes reassuring promises to the public: It's strictly adults-only, with sophisticated measures to monitor every user, vet all content and swiftly remove and report any child sexual abuse material. Reuters documented 30 complaints in U.S. police and court records that child sexual abuse material appeared on the site between December 2019 and June 2024. The case files examined by the news organization cited more than 200 explicit videos and images of kids, including some adults having oral sex with toddlers. In one case, multiple videos of a minor remained on OnlyFans for more than a year, according to a child exploitation investigator who found them while assisting Reuters. OnlyFans "presents itself as a platform that provides unrivaled access to influencers, celebrities and models," said Elly Hanson, a clinical psychologist and researcher who focuses on preventing sexual abuse and reducing its impact. "This is an attractive mix to many teens, who are pulled into its world of commodified sex, unprepared for what this entails." In 2021 ... 102 Republican and Democratic members of the U.S. House of Representatives called on the Justice Department to investigate child sexual abuse on OnlyFans. The Justice Department told the lawmakers three months later that it couldn't confirm or deny it was investigating OnlyFans. Contacted recently, a department spokesperson declined to comment further.
Note: For more along these lines, see concise summaries of deeply revealing news articles on sexual abuse scandals from reliable major media sources.
Toxic PFAS "forever chemicals" used in lithium ion batteries essential to the clean energy transition present a dangerous source of chemical pollution that new research finds threatens the environment and human health. The multipronged, peer-reviewed study zeroed in on a little-researched and unregulated subclass of PFAS called bis-FASI that are used in lithium ion batteries. Researchers found alarming levels of the chemicals in the environment near manufacturing plants, noted their presence in remote areas around the world, found they appear to be toxic to living organisms, and discovered that waste from batteries disposed of in landfills was a major pollution source. PFAS are a class of about 16,000 human-made compounds most often used to make products resistant to water, stains and heat. They are called "forever chemicals" because they do not naturally break down and have been found to accumulate in humans. The chemicals are linked to cancer, birth defects, liver disease, thyroid disease, plummeting sperm counts and a range of other serious health problems. The paper notes that few end-of-life standards for PFAS battery waste exist, and the vast majority ends up in municipal dumps where it can leach into waterways, accumulate locally or be transported long distances. It looked at the presence of the chemicals in historical leachate samples and found none in those from prior to the mid-1990s, when the chemical class was commercialized.
Note: For more along these lines, see concise summaries of deeply revealing news articles on toxic chemicals from reliable major media sources.
A court in the United States has found multinational fruit company Chiquita Brands International liable for financing a Colombian paramilitary group. The group, the United Self-Defence Forces of Colombia (AUC), was designated by the US as a terrorist organisation at the time. Following a civil case brought by eight Colombian families whose relatives were killed by the AUC, Chiquita has been ordered to pay $38.3m (Ł30m) in damages to the families. The AUC engaged in widespread human rights abuses in Colombia, including murdering people it suspected of links with left-wing rebels. The victims ranged from trade unionists to banana workers. The case was brought by the families after Chiquita pleaded guilty in 2007 to making payments to the AUC. During the 2007 trial, it was revealed that Chiquita had made payments amounting to more than $1.7m to the AUC in the six years from 1997 to 2004. The banana giant said that it began making the payments after the leader of the AUC at the time, Carlos Castaño, implied that staff and property belonging to Chiquita's subsidiary in Colombia could be harmed if the money was not forthcoming. The AUC claimed to have been created to defend landowners from ... left-wing rebels, the paramilitary group more often acted as a death squad for drug traffickers. At its height, it had an estimated 30,000 members who engaged in intimidation, drug trafficking, extortion, forced displacement and killings.
Note: Read more about Chiquita's payments to this Colombian paramilitary group. Chiquita succeeded the United Fruit Company, which once owned most of the land in Guatemala and had close ties with the CIA. When Guatemala's democratically elected president aimed to nationalize land, US covert operations installed a military dictator, returning the land to United Fruit. This led to a bloody 40-year civil war and a series of repressive military regimes, armed with CIA-funded weapons.
Real estate companies are making an explicit appeal to wartime patriotism, leading with the conflict as a selling point and a reason to invest. In late June, a company called My Israel Home hosted an expo at a Los Angeles synagogue catering to a specific clientele: Jewish Americans looking to buy a new home in Israel – or on illegal Israeli settlements in the occupied West Bank. Similar real estate fairs have popped up across North America this year ... and several have faced protests as the war on Gaza has brought the issue of Israeli settlements and Palestinian sovereignty to the fore. On websites largely tailored for Jewish American buyers looking to move to Israel, prospective homeowners can browse properties that include listings for homes in settlement communities, which offer the typical trappings of suburban life. Around a dozen real estate firms have participated in real estate fairs organized by My Israel Home across North America this year. Six of these firms are actively marketing at least two dozen separate properties for sale located within eight different West Bank and East Jerusalem settlements, according to their online listings. Other real estate firms commonly list dozens of West Bank properties on their sites. West Bank settlements have long drawn criticism from the international community, which regards the settlements as illegal, in violation of Article 49 of the Geneva Conventions. Criticism of settlements have only intensified in recent months amid a spike in settler violence against Palestinians in the occupied territory.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world from reliable major media sources.
Recall ... takes constant screenshots in the background while you go about your daily computer business. Microsoft's Copilot+ machine-learning tech then scans (and "reads") each of these screenshots in order to make a searchable database of every action performed on your computer and then stores it on the machine's disk. "Recall is like bestowing a photographic memory on everyone who buys a Copilot+ PC," [Microsoft marketing officer Yusuf] Mehdi said. "Anything you've ever seen or done, you'll now more or less be able to find." Charlie Stross, the sci-fi author and tech critic, called it a privacy "shit-show for any organisation that handles medical records or has a duty of legal confidentiality." He also said: "Suddenly, every PC becomes a target for discovery during legal proceedings. Lawyers can subpoena your Recall database and search it, no longer being limited to email but being able to search for terms that came up in Teams or Slack or Signal messages, and potentially verbally via Zoom or Skype if speech-to-text is included in Recall data." Faced with this pushback, Microsoft [announced] that Recall would be made opt-in instead of on by default, and also introducing extra security precautions – only producing results from Recall after user authentication, for example, and never decrypting data stored by the tool until after a search query. The only good news for Microsoft here is that it seems to have belatedly acknowledged that Recall has been a fiasco.
Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Tech and the disappearance of privacy from reliable major media sources.
During his final three years at the US Food and Drug Administration the physician scientist Doran Fink's work focused on reviewing covid-19 vaccines. But a decade after joining the agency Fink had accepted a job with Moderna, the covid vaccine manufacturer. As he left for the private sector, the FDA's ethics programme staff emailed him guidelines on post-employment restrictions, "tailored to your situation." The email, obtained by The BMJ under a freedom of information request, explained that, although US law prohibits a variety of types of lobbying contact, "they do not prohibit the former employee from other activities, including working â€behind the scenes.'" The legal ability to work "behind the scenes" is enshrined in federal regulations and highlights a "critical, critical loophole" in US revolving door policy. Craig Holman, a government affairs lobbyist for the organisation Public Citizen, told The BMJ that the rules forbid various forms of direct lobbying contact but permit lobbying activity that is indirect. "So, people will leave government service and can immediately start doing influence peddling and lobbying," Holman explained. "They can even run a lobbying campaign, as long as they don't actually pick up the telephone and make the contact with their former officials." A majority of former FDA reviewers take up jobs in industry. Since 2000 every FDA commissioner, the agency's highest position, has gone on to work for industry.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in Big Pharma from reliable major media sources.
A Supreme Court ruling against the opioid company Purdue Pharma ... substantially raised the bar for executives and owners trying to shield their wealth. Johnson & Johnson, Boy Scouts of America and Rite Aid are among the entities trying to handle a vast number of lawsuits in bankruptcy court, seeking to resolve all claims in a single settlement. These proceedings have echoes of the Purdue Pharma case decided by the Supreme Court on Thursday, in which the Sackler family, which owns the bankrupt opioid-maker, offered plaintiffs about $6 billion of the $11 billion they extracted from the company. In exchange, family members would have received immunity from future lawsuits, without filing for bankruptcy themselves. A 5-4 Supreme Court held that settlement was inadequate. Its ruling threw the massive bankruptcy case against Purdue Pharma into doubt after years of court battles over the company's role in the nation's opioid epidemic. The decision also adds a fresh wrinkle to a controversial legal strategy, called the Texas two-step, in which companies use a Texas law to split into separate companies and shift a large volume of legal claims onto the newly created entity. In the second step, the entity carrying the lawsuits files for bankruptcy and seeks to release its parent organization from all liability in exchange for a payout. Johnson & Johnson transferred some of its assets and all of the legal claims against it over asbestos-tainted talcum powder into a new legal entity that filed for Chapter 11. Boy Scouts of America ... agreed to pay $2.5 billion to settle claims of sexual abuse in bankruptcy court, a deal that shields from future litigation insurance companies as well as schools, churches and community organizations involved with the nonprofit.
Note: For more like this, read about how powerful corporations use the bankruptcy system to dodge lawsuits over sexual abuse and deadly products. Along US opioid industry lines, read how the industry operated like a drug cartel. Watch our Mindful News Brief video on how the deadly War on Drugs protects the activities of the rich and powerful: military-intelligence interests within the US government, big banks, Big Pharma, and drug cartels.
A growing number of supermarkets in Alabama, Oklahoma, and Texas are selling bullets by way of AI-powered vending machines, as first reported by Alabama's Tuscaloosa Thread. The company behind the machines, a Texas-based venture dubbed American Rounds, claims on its website that its dystopian bullet kiosks are outfitted with "built-in AI technology" and "facial recognition software," which allegedly allow the devices to "meticulously verify the identity and age of each buyer." As showcased in a promotional video, using one is an astoundingly simple process: walk up to the kiosk, provide identification, and let a camera scan your face. If its embedded facial recognition tech says you are in fact who you say you are, the automated machine coughs up some bullets. According to American Rounds, the main objective is convenience. Its machines are accessible "24/7," its website reads, "ensuring that you can buy ammunition on your own schedule, free from the constraints of store hours and long lines." Though officials in Tuscaloosa, where two machines have been installed, [said] that the devices are in full compliance with the Bureau of Alcohol, Tobacco, Firearms and Explosives' standards ... at least one of the devices has been taken down amid a Tuscaloosa city council investigation into its legal standing. "We have over 200 store requests for AARM [Automated Ammo Retail Machine] units covering approximately nine states currently," [American Rounds CEO Grant Magers] told Newsweek, "and that number is growing daily."
Note: Facial recognition technology is far from reliable. For more along these lines, see concise summaries of deeply revealing news articles on artificial intelligence from reliable major media sources.
High-level former intelligence and national security officials have provided crucial assistance to Silicon Valley giants as the tech firms fought off efforts to weaken online monopolies. John Ratcliffe, the former Director of National Intelligence, Brian Cavanaugh, a former intelligence aide in the White House, and [former White House National Security Advisor Robert] O'Brien jointly wrote to congressional leaders, warning darkly that certain legislative proposals to check the power of Amazon, Google, Meta, and Apple would embolden America's enemies. The letter left unmentioned that the former officials were paid by tech industry lobbyists at the time as part of a campaign to suppress support for the legislation. The Open App Markets App was designed to break Apple and Google's duopoly over the smartphone app store market. The companies use their control over the app markets to force app developers to pay as much as 30 percent in fees on every transaction. Breaking up Apple and Google's hold over the smartphone app store would enable greater free expression and innovation. The American Innovation and Choice Online Act similarly encourages competition by preventing tech platforms from self-preferencing their own products. The Silicon Valley giants deployed hundreds of millions of dollars in lobbying efforts to stymie the reforms. For Republicans, they crafted messages on national security and jobs. For Democrats, as other reports have revealed, tech giants paid LGBT, Black, and Latino organizations to lobby against the reforms, claiming that powerful tech platforms are beneficial to communities of color and that greater competition online would lead to a rise in hate speech.The lobbying tactics have so far paid off. Every major tech antitrust and competition bill in Congress has died over the last four years.
Note: For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and Big Tech from reliable major media sources.
In May, the New York State government agreed to subsidize news media. The legislation allows tax credits for up to half of journalists' salaries. Not every outlet can write off employment costs. Excluded ... are nonprofit operations as well as those owned by publicly traded companies. Governments have tried to suppress dissenting views. If a massive chunk of journalists' income comes from one reliable source–government coffers–they'll inevitably treat government as the audience to please rather than locals who've proven difficult to court and who distrust the press. Under such subsidies, the future of local media could be one of well-funded media outlets ignored by their nominal communities as they produce reports tailored for the tastes of bureaucrats with funding power. That's been an ongoing problem with publicly funded journalism. "In Europe, we have seen governments harm the reputation and independence of public media to the point of limiting their citizens' access to differing points of view," Freedom House research analyst Jessica White wrote. In December, a report from The Future of Free Speech, an independent think tank ... warned, "the global landscape for freedom of expression has faced severe challenges in 2023. Even open democracies have implemented restrictive measures." The report documented how obsession with "hate speech," "terrorist content," and "disinformation" are wielded as bludgeons by officials against critics of government officials and their policies.
Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and media manipulation from reliable sources.
Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.