business

Facebook Just Lost $50 Billion in Market Value Over the Last Two Days

(ANTIMEDIA) —  The Cambridge Analytica scandal has Facebook feeling it where it counts most for a publicly traded company — investor confidence. On Friday, the social media giant’s closing stock price was $185.09, making it worth about $538 billion. The next day, the news broke that data consulting firm Cambridge Analytica, which worked with Donald Trump on the 2016 election, had allegedly obtained […]

Coca-Cola Admits Its Dasani Bottled Water May Be Contaminated With Plastic

(ANTIMEDIA) — This week, a study of eleven popular water bottle brands revealed microplastics are pervasive in packaging around the world. Though this may be unsurprising considering the widespread use of plastics, Coca-Cola admitted the possibility that their water products contain synthetic materials. The research was commissioned by Orb Media, a non-profit journalistic organization, and conducted by researchers at […]

China Is Building a Fleet of Giant “Drones for the Sea”

(ANTIMEDIA) — China is in the process of building a fleet of giant drones for the sea, Forbes reports. According to Forbes, China is working on creating remote-controlled “ghosts ships” that would send containers around the world and even work for the Chinese navy. Right now, China ranks as the third-largest marine shipping company in the world, […]

Massive IBM Announcement Proves Blockchain Has Officially Gone Mainstream

(ANTIMEDIA) —  In January, tech giant IBM was able to happily report to investors that after 22 consecutive quarters — nearly six years — of declining revenue growth, the company saw gains in the last quarter of 2017. In a news release, executives clearly identified the reason for the turnaround at IBM, a century-year-old institution that began as the Computing-Tabulating-Recording Company. […]

It Turns Out Fake News Isn’t Spread by Russia or Bots — People Are Just Lazy Idiots

(ANTIMEDIA Op-ed) — As non-Republicans continue their search for scapegoats to blame for Hillary Clinton’s presidential loss to Donald Trump, a major focus of Trump skepticism has been ‘fake news’ allegedly peddled by Russia to electioneer the 2016 vote. To their credit, 13 trolls thought to be working for the Russian government were recently uncovered in a […]

FB Asks Users If It Should Allow Pedophiles to Ask Kids for Sexual Pictures

(ANTIMEDIA) — In a move that’s baffling at best and rather appalling at worst, Facebook has been busted asking users if they think it’s alright for adults to solicit “sexual pictures” from minors on its platform. While this may sound ridiculous on the surface — because it is — nevertheless, it happened. On Sunday, the social media behemoth […]

Bill Gates Says Cryptocurrency Is “Killing People” — Is He Right?

(ANTIMEDIA) It’s been an embattled year so far for Bitcoin and the cryptocurrency world in general. The start of the year saw a precipitous drop in Bitcoin value, marking somewhere around blockchain’s 250th death. Then, numerous financial institutions, government regulatory agencies, and elite moguls rubbed salt in the wounds with a series of rhetorical attacks aimed at discrediting cryptocurrency and dismissing it […]

Someone Is Trolling the Sh*t out of the Oscars in Hollywood

(ANTIMEDIA) Los Angeles, CA — Just days before the first Academy Awards ceremony since Hollywood was hit with allegations of rampant sexual harassment, assault, and pedophilia, a Los Angeles street artist made a bold statement just a few miles from the Dolby Theater where the Oscars will be held. Sabo, a conservative-leaning artist who has previously tagged the city […]

Watch: Cops Kick Customer out of McDonald’s After Buying Food for Homeless Man

(ANTIMEDIA) Myrtle Beach, SC — For one South Carolina resident, it was a case of “no good deed goes unpunished” this week when his attempt to buy a homeless man a meal ended with police involvement. On Wednesday, Yossi Gallo entered a Myrtle Beach McDonald’s with another man, James Davis. Gallo bought the homeless Davis a meal, but as […]