Here's How Much You're Worth To Social Media Giants

Here's How Much You're Worth To Social Media Giants
MATT KRANTZ

The saying goes: If you're not paying for a product, you are the product. But what are you worth to social media giants, including those in the S&P 500?

Continue reading

Latest Stories

  • Trump news: McEnany departs White House as McConnell calls impeachment ‘vote of conscience’

    Cabinet officials preparing to leave administration as DC prepares for Biden inauguration

  • Georgia's First Vietnamese American State Rep Wears Áo Dài to Swear-In

    Bee Nguyen, Georgia's first Vietnamese American state representative, donned an áo dài to her swearing-in ceremony on Tuesday. Regarded as the most popular national costume of Vietnam, the áo dài for women is a long dress with a contoured top that flows over loose-fitting trousers that reach the sole of the feet. Nguyen, 39, decided to wear the garment in response to the Capitol siege on Jan. 6, in which rioters carried the South Vietnamese flag.

  • Wisconsin teen charged with killing infant daughter in woods

    A 16-year-old boy has admitted fatally shooting his newborn daughter and leaving her body inside a fallen tree in the woods in southern Wisconsin, according to prosecutors. Logan Kruckenburg-Anderson, of Albany, is charged as an adult with first-degree intentional homicide and hiding a corpse. According to a criminal complaint, the teen took the infant shortly after she was born Jan. 5 to a wooded area in Albany, about 80 miles (129 kilometers) southwest of Milwaukee, placed her inside a fallen tree and shot her twice in the head.

  • Texas realtor who took private jet is charged in Capitol riot

    Jennifer Ryan faces charges of disorderly conduct and knowingly entering or remaining in any restricted building or grounds without lawful entry.

  • NRA declares bankruptcy, says it will reincorporate in Texas

    The National Rifle Association said Friday it has filed for Chapter 11 bankruptcy and will seek to reincorporate in Texas, calling New York, where it is currently registered, a "toxic political environment." The big picture: The move comes just months after New York Attorney General Letitia James filed a lawsuit to dissolve the NRA, alleging the group committed fraud by diverting roughly $64 million in charitable donations over three years to support reckless spending by its executives.Be smart: sign up FREE for the most influential newsletter in America. * The NRA then sued James in federal court, accusing her of violating its right to free speech. * Karl Racine, attorney general for Washington, D.C., filed a separate lawsuit in August against the gun lobby and its foundation "for misusing charitable funds to support wasteful spending by the NRA and its executives."What they're saying: "Today, the NRA announced a restructuring plan that positions us for the long-term and ensures our continued success as the nation’s leading advocate for constitutional freedom – free from the toxic political environment of New York," the NRA's Wayne LaPierre said in letter to members and supporters Friday. * "The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas," LaPierre added. * "Under the plan, the NRA will continue what we’ve always done – confronting anti-gun, anti-self-defense and anti-hunting activities and promoting constitutional advocacy that helps law-abiding Americans." * "Our work will continue as it always has. No major changes are expected to the NRA’s operations or workforce. " LaPierre also claimed Friday that the NRA is "as financially strong as we have been in years," despite the organization laying off or furloughing dozens of employees, canceling its national convention and cutting salaries last year due to the coronavirus pandemic, per AP. * A spokesperson for the NRA said in May that like "every other business and nonprofit, we are forced to make tough choices in this new economic environment," per AP. * In its bankruptcy petition filed in Texas, the NRA listed assets and liabilities of as much as $500 million each, Bloomberg reported. Go deeper: The NRA's dwindling political influenceEditor's note: This story has been updated with additional details. Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.

  • Trump's team is reportedly trying to assemble a crowd for a 'major send-off' hours before Biden's inauguration

    President Trump is planning to exit the White House on the morning of Jan. 20, a few hours before President-elect Joe Biden is sworn in a short distance away, CNN reports. "Eager for a final taste of the pomp of being president, Trump has asked for a major send-off," and "as one of their final acts, Trump's team is working to organize a crowd to see him off on the morning of Biden's inauguration, when he plans to depart Washington while still president" for a flight to Palm Beach, Florida, where his term will officially end at noon.There are 20,000 National Guard troops currently deployed or en route to Washington, D.C., ahead of Biden's inauguration, because the last crowd Trump drew to the White House morphed into an insurrectionist mob that stormed the Capitol.Plans are still being ironed out, CNN says, but "Trump told people he did not like the idea of departing Washington for a final time as an ex-president, flying aboard an airplane no longer known as Air Force One. He also did not particularly like the thought of requesting the use of the plane from Biden." The Bidens will wake up on Inauguration Day at nearby Blair House, CNN reports, adding that "its use was offered to them by the State Department rather than the Trumps, who refuse to make contact with the incoming president and first lady.""Trump has expressed interest to some in a military-style sendoff and a crowd of supporters," CNN says, but it's unclear "whether that occurs at the White House, Joint Base Andrews, or his final destination, Palm Beach International Airport."Outgoing U.S. presidents almost always attend the swearing-in of their successors, Defense One notes, and "in recent decades, the outgoing president and first lady walk down the back steps of the Capitol to an awaiting helicopter, which then makes the short five-minute flight over to Joint Base Andrews in nearby Maryland. Upon arriving at Andrews, the former president and first lady are usually greeted by a military honor guard, former staffers, friends, and other well wishers." Two senior Pentagon officials confirmed to Defense One on Thursday that, in a break with recent tradition, no military farewell is being planned for Trump.More stories from theweek.com Trump's vaccine delay is getting suspicious The worst-case scenario for America's immediate future Statehood for D.C. and Puerto Rico only needs 50 votes

  • Asian American Police Officer From Texas Will Likely Face Charges for Rioting in the Capitol

    What happened: The officer attended the riots in Washington D.C. and is accused of "penetrating" the Capitol, Click2Houston reports. During a press conference on Wednesday, Houston Police Chief Art Acevedo discussed the officer in question. According to the New York Post, the officer — who was not named publicly by Acevedo — was placed on administrative leave.

  • Local newspapers turn on Lauren Boebert as 68 state politicians demand investigation into Capitol riot role

    Lauren Boebert is under fire for sharing details about the location of the House speaker during the Capitol riots

  • Sparse trees, little work for woodcutters in squeezed Gaza

    With a chainsaw in his car, Ahmed Abdelal tours the Gaza Strip, asking around for people wanting to cut down trees, regrow orchards or make way for construction. One of the few remaining woodcutters in the Palestinian territory, Abdelal, who learned woodcutting from his father, is struggling to scratch out a living in a traditional job that is less and less in demand. Job opportunities are rare in this Palestinian enclave wedged between Israel, Egypt and the Mediterranean Sea, and so are green spaces.

  • More Inside Artist Jorge Pardo's Transformed Bushwick Carriage House

    When it came to the lighting in his home, Pardo drew inspiration from the insides of fruits, nuts, and seeds, as well as sea creatures and machine parts.Originally Appeared on Architectural Digest

  • Australia to kill pigeon that made extraordinary journey from Oregon

    A racing pigeon has survived an extraordinary 13,000-kilometer (8,000-mile) Pacific Ocean crossing from the United States to find a new home in Australia. Now authorities consider the bird a quarantine risk and plan to kill it.

  • The White House said it was unlocking a vaccine reserve — but it was reportedly already empty

    A reserve of second-dose COVID-19 vaccines set to be repurposed as first doses is already empty, state and federal officials briefed on distribution plans tell The Washington Post.Both the coronavirus vaccines currently authorized in the U.S. require two doses to be fully effective. So when distribution of first doses began, the Trump administration held back matching second doses to make sure recipients would be fully protected against COVID-19. Amid a massive demand for more doses, Health and Human Services Secretary Alex Azar announced earlier this week that the department would begin doling out those reserved doses to more people, saying increased production speed would make up for the soon-to-be-depleted reserve.But as officials soon learned, the federal government had stopped stockpiling second dose vaccines weeks ago, they tell the Post. Both first and second doses were instead taken right off the manufacturing line. That meant Azar's announcement reportedly released a stockpile that didn't exist. The U.S. had already reached its maximum distribution capacity, and new doses distributors were expecting next week weren't coming, the Post reports.HHS spokesperson Michael Pratt confirmed in an email to the Post that the last of the reserve had been taken out for shipment this weekend. He didn't acknowledge Azar's comments, but said Operation Warp Speed had "always intended to transition from holding second doses in reserve as manufacturing stabilizes and we gained confidence in the ability for a consistent flow of vaccines." he also said states had only ordered 75 percent of the vaccines available to them. Read more at The Washington Post.More stories from theweek.com Trump's vaccine delay is getting suspicious The worst-case scenario for America's immediate future Statehood for D.C. and Puerto Rico only needs 50 votes

  • U.S. stands by Taiwan, envoy says after cancelled trip

    The United States stands by Taiwan and always will, the U.S. ambassador to the United Nations Kelly Craft said following a call with Taiwan President Tsai Ing-wen, who told her the island would continue to seek access to U.N. meetings. Craft had planned to visit Taipei this week, in the teeth of strong objections from China which views the island as its own territory.

  • The FBI keeps making more arrests in the Capitol riot. Here are some Florida suspects

    As more rioters from the attack on the U.S. Capitol Jan. 6 get arrested, a clearer picture is emerging of who was there that day. At least a handful of Florida residents have been tracked down, thanks in part to video and images widely circulated on social media.

  • Why the news media may not want to share Capitol riot images with the police

    Images taken by the media of the Capitol storming could help law enforcement identify participants. Evelyn Hockstein/For The Washington Post via Getty ImagesThe images from the Jan. 6 siege on the United States Capitol will likely be seared into the memories of many Americans. Photographs and video published in print, online and on television showed protesters breaking windows to enter the building, sitting at a desk in House Speaker Nancy Pelosi’s office and confronting an outnumbered Capitol police force. However, it may be the unpublished images that will be of most interest to law enforcement agencies as they track down and arrest as many of the rioters as possible for breaking a range of laws. The agencies may request or demand that news organizations turn over their unpublished material, which would force the media outlets to make uncomfortable choices. Journalists argue that if they are forced to reveal confidential sources or turn over any news information they have gathered but not yet published, it will erode the trust of sources and the public, who will doubt the independence that journalists often claim. Journalists serve the public, not the government. But is the public better served by bringing criminals to justice than protecting a journalistic principle? Conflicting interests Many of the people who participated in the attack on the Capitol building have been identified and arrested, some with help from photos published by the media and selfies and videos taken by the protesters. As the search for more suspects continues, if authorities seek unpublished images from the news media and media outlets willingly cooperate, it could put journalists in greater danger when covering future protests. Protesters may see them as potential informants and physically attack them to avoid being identified later. If the outlets resist and force authorities to issue subpoenas for the images, it is unlikely to improve the media’s standing with a distrustful public because it may appear the news organizations are obstructing justice. Equipment of media crews damaged during clashes after Trump supporters breached U.S. Capitol security. Tayfun Coskun/Anadolu Agency via Getty Images Dangers of covering protests Covering unrest is always dangerous for journalists, but the situation at the Capitol was especially so. The protesters were supporters of President Donald Trump, who has often referred to the media as the “enemy of the people.” Someone carved the words “Murder the Media” into a door in the building, and news outlets lost thousands of dollars of equipment when it was stolen and smashed by protesters. During protests after George Floyd was killed while being taken into police custody last summer, several reporters were injured and possibly targeted by protesters and police officers. In Seattle, police subpoenaed the Seattle Times and several television stations in June 2020 to obtain unpublished images from protests there to identify people suspected of criminal activity. The news organizations challenged the subpoenas in court under Washington state’s shield law, which protects journalists from being forced to name confidential sources or turn over unpublished information to state authorities. The Reporters Committee for Freedom of the Press filed a brief supporting the news organizations’ position, in which it argued that enforcing the subpoena would jeopardize journalists’ safety as well as their editorial independence. A judge ruled against them. Police later dropped the subpoenas because media appeals of the judge’s decision were likely to take too long to resolve. Journalists often fight subpoenas for their materials. kolderal/Moment/Getty Images Legal protections for journalists Because the Capitol siege happened on federal government property, the incident is being investigated by federal authorities, meaning any court challenges to subpoenas would likely end up in federal court. This complicates matters. Forty states have shield laws, but there is no federal shield law. In 1972, the U.S. Supreme Court ruled that journalists do not have a First Amendment right to refuse to reveal sources’ identities in response to a valid grand jury subpoena. The Branzburg v. Hayes decision was so divided, however, that many lower federal courts have limited its reach to grand jury situations. This means that journalists have a better chance of winning if they are subpoenaed to provide evidence in civil lawsuits or at criminal trials. The Jan. 6 incident does not involve confidential sources. Some federal courts have ruled that nonconfidential material gathered by journalists, including unpublished images, is also protected from disclosure, but the protection is usually less comprehensive than for confidential material. Given the seriousness of the Capitol incident, which led to five deaths, it would be difficult for journalists to successfully argue that their interests are more important than those of law enforcement. I have been studying the law regarding journalists and their sources for nearly 24 years. To my knowledge, U.S. journalists have rarely made the argument that they could face physical danger if they are forced to turn over information they have gathered. The closest parallel is a Washington Post reporter who successfully fought a subpoena from a war crimes tribunal 20 years ago because of fears of retribution in foreign conflict zones. One possible solution would be for news outlets to publish all images that have not already been published on their websites. That way, both the public and law enforcement agents would have access without a bruising legal battle over making the images available only to the police. A bonus would be that the public would have even more information about what happened.This article is republished from The Conversation, a nonprofit news site dedicated to sharing ideas from academic experts. It was written by: Anthony Fargo, Indiana University. Read more:The insurrection at the Capitol challenged how US media frames unrest and shapes public opinionHow should you read unnamed sources and leaks? Anthony Fargo does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

  • ‘I need to protect myself in case there is a civil war’: Why middle-class America is arming up

    Brad Vercosa has passed Jimmy’s Sport Shop in Mineola, Long Island countless times, but last Thursday he approached the counter, still in his slippers, to buy his first gun. The construction company owner is one of nearly five million Americans who have purchased their first firearm over the past 12 months, driving what analysts are calling the greatest gun-buying spree in the country’s history. The seeds were sown with the onset of the pandemic last spring, and grew in response to Black Lives Matter demonstrations and pro-Trump rallies over the summer. But for many of Jimmy Gong’s customers in Mineola – a suburban village 20 miles east of the skyscrapers of Manhattan – the storming of the Capitol by pro-Trump demonstrators on January 6 was the inflection point. The following day is one of the busiest Gong, 46, can remember, even accounting for a 150 per cent rise in demand. And he expects business to keep booming. After Donald Trump’s impeachment on Wednesday, the FBI warned of possible armed protests and “domestic terrorism”, amid reports of armed far-Right groups planning to gather at all 50 state capitals and in Washington DC in the run-up to Joe Biden being sworn in as president.

  • Mexico publishes US evidence on ex-defense secretary

    Mexico on Friday published 751 pages of evidence it received from the United States against Mexico’s former Defense Secretary, Gen. Salvador Cienfuegos Zepeda, whom U.S. prosecutors had charged with drug trafficking. The unprecedented move came a day after Mexico announced it was dropping the case against Cienfuegos, whom the U.S. arrested in October and then handed over to Mexico a month later after dropping the charges under pressure from the Mexican government. President Andrés Manuel López Obrador dismissed the evidence against Cienfuegos Friday as circumstantial and accused the U.S. Drug Enforcement Administration of fabricating the accusations and displaying a lack of professionalism in their investigation.

  • Biden nominates Atlanta Mayor Keisha Lance Bottoms to DNC post

    Bottoms is set to be vice chair in charge of the campaign organization’s civic engagement and voter protection. Atlanta Mayor Keisha Lance Bottoms has been nominated by President-elect Joe Biden as a vice chair of the Democratic National Committee. In the role, Bottoms would be in charge of civic engagement and voter protection.

  • Turkey's Erdogan receives COVID-19 vaccine

    Turkish President Tayyip Erdogan received his COVID-19 vaccine in front of TV cameras on Thursday, a move which a spokesman for his AK Party said aimed to alleviate any public doubts about the effectiveness of the shot. Turkey began administering the shots developed by China's Sinovac to health workers on Thursday, rolling out a nationwide vaccination programme against a disease that has killed more than 23,000 people in the country. It has so far vaccinated more than 250,000 health workers.

  • White Army vet charged in shooting Black girl at Trump rally

    A white military veteran shot and wounded a 15-year-old girl when he fired his gun into a car carrying four Black teenagers during a tense confrontation at a rally in support of President Donald Trump near the Iowa Capitol last month. Michael McKinney, 25, is charged with attempted murder in the Dec. 6 shooting in Des Moines. McKinney, who was heavily armed and wearing body armor, told police he fired the shot in self-defense.