Anonymous ID: 0dfd17 Oct. 29, 2020, 8:01 p.m. No.11352473   🗄️.is 🔗kun   >>2527 >>2743 >>2789 >>2888 >>3022 >>3122

Xi's Gotta Have It: China's Communist Party Has a Long-Range Plan to Overtake the United States

 

Asia Times reports on the Chinese Communist Party’s congress, which concludes today.

 

The allegedly free but increasingly leftist U.S. media isn’t reporting much on it, which is interesting all by itself.

 

Granted, foreign policy doesn’t drive as many sick burns or clicks as your average Instagram influencer, but it’s still important.

 

Lately, a question about our media, and the Democrats it clearly favors at the expense of its own credibility, has slipped into my mind unbidden.

 

When the Hunter Biden scandal first erupted, media, social media, and the Democrats attacked it in concert from three directions.

 

Media and social media both acted to disrupt the story’s path to American eyeballs and ears from their respective angles. They censored it and continue to pretend it’s not even there. The NY Post is still locked out of its Twitter account, and Twitter CEO Jack Dorsey, who looks like he’s auditioning to play Russian lunatic Rasputin in some badly-funded Netflix movie, offered all kinds of circular reasoning and even outright lies under oath, according to Sen. Ted Cruz, to justify it. Meanwhile, the Democrats have trotted out Rep. Adam Schiff from the people’s republic of California to slam the Biden story — without a shred of evidence — as “Russian disinformation.”

 

Schiff had no evidence. He didn’t need any for CNN, MSNBC, and the like to trumpet his claim uncritically. The “Russian collusion” tale has been long discredited by now. But that doesn’t seem to matter.

 

Democrats never say, and media never ask, whether a given story might be Chinese disinformation — despite the fact that, as Asia Times reports, China does have a plan and the ambition to overtake the United States as the world’s leading superpower. Russia lacks the means and the ambition for such a global role. That went away with the collapse of the Soviet Union.

 

Is it impossible for a given news story to be Chinese disinformation? They have more money and much more savvy than Moscow. Disinforming and dividing America would reasonably be expected to be among China’s strategies to overtake us. Right?

 

China has been buying American researchers through its Thousand Talents Plan, which we’ve repeatedly reported on here. So there is precedent, happening right now, for China to use the wealth it has gained over the past few decades against those of us who have made it wealthy.

 

We know it can buy silence and even open support from major American athletes and leagues. The National Basketball Association seems to forget which nation it plays in. Facial recognition at NBA arenas if fans are allowed in next season?

 

We know China has planted its Confucius Institutes at universities all over the United States, putting sweet cash into the coffers of bloated, leftist universities that now teach open hatred for the United States and its alleged sins — but not, curiously, the sins and murders of communists Mao, Stalin, Pol Pot, and so forth.

 

Isn’t that interesting?

 

So the question is, have our media also become instruments of China’s foreign policy?

 

While you ponder that question, take a look at the Asia Times report.

 

Justin Lin, aka Lin Yifu, head of the Peking University’s (PKU) National School of Development, told a forum in Beijing on Wednesday that the economy could ride out the geopolitical headwinds and keep expanding at 6-8% annually for the next ten years.

 

https://pjmedia.com/news-and-politics/bryan-preston/2020/10/29/xis-gotta-have-it-chinas-communist-party-has-a-long-range-plan-to-overtake-the-united-states-n1106510

Anonymous ID: 0dfd17 Oct. 29, 2020, 8:02 p.m. No.11352501   🗄️.is 🔗kun   >>2534 >>2789 >>2888 >>3022 >>3122

Pinterest Founders Double Their Fortune In Months: Here’s How Rich They Are

 

As Pinterest’s (PINS) share price surged over 25% on Thursday, a day after releasing its third-quarter earnings report, the company’s co-founders saw their wealth increase significantly.

 

The co-founders, Paul Sciarra, Evan Sharp, and Ben Silbermann added as much as $750 million collectively to their net worth, bringing their combined fortunes to $5.8 billion, Bloomberg reported.

 

Silbermann, who is CEO of the company, has also added $115 million to his wallet after selling Pinterest stock in a prearranged trading plan, Bloomberg said. He has an estimated $3 billion stake in the social media platform, receiving a $46 million salary and stock award in 2019, according to a company’s annual report. Sharp also received nearly $46 million in salary and stock awards in 2019, the report said.

 

The stock price increase more than doubles the three co-founders’ wealth from only three months earlier, the news outlet said.

 

“More than ever before, people are coming to Pinterest to get inspiration for their lives—everything from planning early for a socially distant Halloween to creating great home schools for their kids,” Silbermann, said in a statement. “Our top priority is to continue making Pinterest home to the most inspiring and actionable content.”

 

Pinterest, along with Snapchat, Twitter, and Facebook, has gained as consumers shift to social media platforms as they stay home more during the pandemic. Snap, which released its earnings in mid-October, said the added revenue boost was attributed to increased advertising on the platform, which at the time surged its rival social media sites share prices. Snap saw its share price soar by over 30% at the time.

 

Pinterest saw revenue increase by 58% year-over-year to $443 million. The site has 442 million active users monthly, up 37% year-over-year. GAAP net loss was $94 million for the quarter.

 

“The strong momentum our business experienced in July continued throughout the rest of the third quarter. We’re extremely pleased with the broad-based strength of our business, driven by recovering advertiser demand as well as positive returns from our investments in advertiser products and international expansion,” Todd Morgenfeld, chief financial officer and head of Business Operations at Pinterest, said in a statement.

 

Shares of Pinterest were trading at $63.35 as of 1:47 p.m. EDT, up $14.10 or 28.63%.

 

https://www.ibtimes.com/pinterest-founders-double-their-fortune-months-heres-how-rich-they-are-3072656

Anonymous ID: 0dfd17 Oct. 29, 2020, 8:03 p.m. No.11352516   🗄️.is 🔗kun   >>2528 >>2789 >>2888 >>3022 >>3122

Facebook Quarterly Profit Jumps Despite Ad Boycott

 

Facebook's profit jumped in the recently-ended quarter as the leading social network benefitted from a rebounding online ad market despite a boycott, the company reported Thursday.

 

Facebook profit jumped 29 percent to $7.8 billion in the quarter on revenue that climbed to $21.2 billion as people continued to rely on the internet and social media to stay connected while staying safe from the pandemic, the company said.

 

Organizers of a Facebook ad boycott vowed to continue their campaign, saying the company's top executives failed to offer meaningful action on curbing hateful content.

 

Meanwhile, conservatives have accused Facebook and others of political bias as the platforms step up their oversight of content to clamp down on false or violent material.

 

President Donald Trump has threatened new regulatory measures which could impact the business models of platforms.

 

Analyst have noted, however, that as advertisers rely on the internet to connect with customers during the pandemic the brands tend to prefer spending their money on proven platforms such as Facebook and Google.

 

"Facebook has rebounded nicely from both the early-pandemic advertiser pullout, when marketers pulled ads across all media to redo messaging or conserve funds, and from the July ad boycott," said eMarketer analyst Debra Aho Williamson.

 

"Despite its challenges with election turmoil and content moderation, it remains a go-to for advertisers seeking to engage a broad base of consumers," she said.

 

Facebook chief executive Mark Zuckerberg said people and businesses continued to rely on the company's services to stay connected, and do business, during tough economic times .

 

However, user growth in North America could decline as lives return to more normal patterns.

 

Facebook shares rose slightly less than a percent in after-hours trading.

 

https://www.ibtimes.com/facebook-quarterly-profit-jumps-despite-ad-boycott-3072750

Anonymous ID: 0dfd17 Oct. 29, 2020, 8:05 p.m. No.11352544   🗄️.is 🔗kun   >>2559 >>2578 >>2612 >>2743 >>2789 >>2861 >>2888 >>3022 >>3122

“Massive Traffic Jams” Across Paris As People Flee Ahead Of Second COVID Lockdown

 

On Wednesday, French President Emmanuel Macron announced that France would enter a full lockdown from midnight on Thursday until the end of November due to the second wave of the coronavirus pandemic.

 

With hours to go before the month-long national lockdown takes effect, videos have surfaced on Twitter, showing massive traffic jams of people trying to escape the city as lockdowns go into effect.

 

“Traffic is barely moving in every direction as far as the eye can see. Lots of honking and frustrated drivers,” said one Twitter user.

 

https://www.activistpost.com/2020/10/massive-traffic-jams-across-paris-as-people-flee-ahead-of-second-covid-lockdown.html

Anonymous ID: 0dfd17 Oct. 29, 2020, 8:06 p.m. No.11352556   🗄️.is 🔗kun   >>2722 >>2789 >>2888 >>3022 >>3122

Amazon Quarterly Profit Triples To $6.3 Bn On Retail, Cloud

 

Amazon's third-quarter profits tripled from a year ago on strong retail sales during the pandemic and growth in cloud computing, the company announced Thursday.

 

Profit increase to $6.3 billion compared with $2.1 billion a year ago while revenues jumped 37 percent to $96 billion for the technology and retail colossus.

 

Shares in Amazon, which saw gains in both retail and its cloud computing, dipped around one percent in after-hours trading following the earnings report.

 

The results come as Amazon and other tech giants are under intense scrutiny in the US and elsewhere for their growing dominance of key economic sectors.

 

The Big Tech firms have held strong in the pandemic by offering goods and connectivity for consumers staying at home.

 

Amazon also has faced criticism for how it manages its "marketplace" of third-party sellers.

 

Amazon chief executive Jeff Bezos used the update to tout the company's leadership on minimum wage as it bolsters its global workforce to about one million.

 

https://www.ibtimes.com/amazon-quarterly-profit-triples-63-bn-retail-cloud-3072734

Anonymous ID: 0dfd17 Oct. 29, 2020, 8:06 p.m. No.11352562   🗄️.is 🔗kun   >>2610 >>2743 >>2789 >>2888 >>3022 >>3122

Mike Bloomberg Spends Millions On Pro-Biden Ads In Key Battleground States Texas, Ohio

 

ith Election Day just five days away, billionaire businessman Michael Bloomberg is shelling out $15 million this week on pro-Biden video advertisements in the key battleground states of Texas and Ohio through his SuperPAC Independence USA.

 

Bloomberg’s internal pollsters reportedly show pickup opportunities for Biden in the two states. The move comes after the former New York City mayor already pledged to help Biden with up to $100 million in advertising in Florida.

 

"Mike looked at the polling data and it was clear that Texas and Ohio are in play for Biden. He is investing in expanding the map, beyond the 'blue wall' to places like Florida, Texas and Ohio, where it's close but a win could make a big difference," Bloomberg political adviser Kevin Sheekey recently told Fox News.

 

Bloomberg, who previously was a Republican and an independent, ran as a Democrat in presidential primaries. He has consistently voiced his criticism of Trump, describing Trump as a "dangerous demagogue" and "totally incompetent."

 

The increased attention on Texas and Ohio comes as polling shows both states are locked in tight races.

 

In Texas, the RealClearPolitics polling average shows Trump with a lead of 2.3 points. Texas is considered a "must-win" state for the Trump campaign, as it carries 38 electoral votes.

 

In 2016, Trump won Texas by a 9-point margin over Hillary Clinton, 52.2% to 43.2%. Biden is hoping a coalition of young, Black and Hispanic voters will help him win the state this cycle. Former Rep. Beto O'Rourke, who represented El Paso and nearly defeated Sen. Ted Cruz in 2018, has predicted that Biden will win Texas.

 

In Ohio, the RealClearPolitics polling average shows Biden and Trump tied at 46.2% support each. Like Texas, Ohio is also considered a must-win for Trump. Ohio has 18 electoral votes and no Republican has ever won the presidency without winning the state.

 

Trump won Ohio by an 8.1 point margin over Clinton, 51.6% to 43.5%. Biden is relying on strong support from suburban women to win the state.

 

Recent national polls show Biden with a strong lead in the general election. A CNN poll released Wednesday showed Biden leading Trump by 12 points, 54%-42%.

 

https://www.ibtimes.com/mike-bloomberg-spends-millions-pro-biden-ads-key-battleground-states-texas-ohio-3072720