SiteOne® Landscape Supply, Inc. (NYSE: SITE), the largest and only national wholesale distributor of landscape supplies in the United States, today announced that Doug Black, Chairman and Chief Executive Officer, and John Guthrie, Executive Vice President, Chief Financial Officer, will be participating in Baird’s 2021 Global Consumer, Technology & Services Conference on June 9, 2021. […]
In this articleFBFacebook Chairman and CEO Mark Zuckerberg.Erin Scott | ReutersFacebook on Friday announced a major reversal to its content moderation policies, saying politicians’ posts will no longer be exempt from the company’s rules that prevent users from engaging in harmful speech.The company also said Friday that former President Donald Trump will remain suspended from the platform for two years, effective from the initial Jan. 7 suspension date.Specifically, Facebook said that it will no longer treat content that is posted by politicians as inherently of public interest or newsworthy. This means such posts will be moderated like that of any other user.Facebook will still provide a newsworthiness exemption for content posted by politicians and other users in rare cases, the company said, but it will begin publicly publishing regular updates about the instances where it applies this exemption for the sake of transparency.The announcement marks a 180-degree change for Facebook, which had previously vowed to uphold free speech and proclaimed that it should not be an arbiter of truth. Most notably in the lead-up to the 2020 U.S. election, the company made the controversial decision to allow politicians to run ads on Facebook even if they contained misinformation.When it comes to suspending accounts for violating Facebook’s community standards in ways that incite or celebrate violence, Facebook said it will consider the severity of a public figure’s violation, their influence over the public and the severity of the violence. These factors will be considered in determining how long their accounts are suspended, which could range from one month to two years. In extreme cases, Facebook will permanently disable the account, the company said.The new policies come after Facebook’s independent Oversight Board in May decided to uphold the company’s decision to suspend Trump’s Facebook and Instagram accounts. In its decision, however, the board noted that Facebook needed to reassess how it moderates the speech of political leaders and clearly outline those rules for the public.WATCH: EU antitrust regulators to investigate Facebook Marketplace
QUEBEC CITY, June 04, 2021 (GLOBE NEWSWIRE) — Stelmine Canada (STH-TSXV) (“Stelmine” or the “Company”) is pleased to announce that it has closed its recently announced non-brokered private placement (the “Offering”). A total of 7,777,778 units of Stelmine (the “Units”) were issued at a price of $0.09 per unit for gross proceeds of $700,000. Each Unit comprised one common share of Stelmine and one common share purchase warrant. Each warrant entitles the holder to acquire one common share of the Company at $0.11 for a period of 36 months from issuance.All securities issued in connection with this Offering are subject to a hold period of four months and one day. The private placement is subject to the approval of the TSX Venture Exchange. Stelmine has not filed a material change report in the 21 days preceding the placement other than in relation to the placement.The proceeds of the Offering will be used for exploration on the Courcy and Mercator Projects in the Caniapiscau Region and for general working capital purposes. In connection with this Placement, the Company will pay a Finder’s fee of $2000.About Stelmine Canada Stelmine is a junior mining exploration company pioneering a new gold district (Caniapiscau) east of James Bay in the under-explored eastern part of the Opinaca metasedimentary basin where the geological context has similarities to the Eleonore mine. Stelmine has 100% ownership of 1,574 claims or 815 km² in this part of northern Quebec, highlighted by the Courcy and Mercator Projects.
Forward-looking statements Certain information in this press release may contain forward-looking statements, such as statements regarding the expected closing of and the anticipated use of the proceeds from the Offering, acquisition and expansion plans, availability of quality acquisition opportunities, and growth of the Company. This information is based on current expectations and assumptions (including assumptions in connection with obtaining all necessary approvals for the Offering and general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Risks that could cause results to differ from those stated in the forward-looking statements in this release include those relating to the ability to complete the Offering on the terms described above. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.Cautionary statement Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, contact:
Isabelle Proulx, President and CEOEmail: iproulx@stelmine.com Tel: 418-626-6333Follow us on:www.Stelmine.comhttps://twitter.com/Stelmine1https://www.facebook.com/StelmineCanada/https://ca.linkedin.com/company/stelmine-canada-ltd.
In this articleSQSPTWTRSQTwitter CEO Jack Dorsey addresses students during a town hall at the Indian Institute of Technology (IIT) in New Delhi, India, November 12, 2018.Anushree Fadnavis | ReutersSquare CEO Jack Dorsey said Friday the company is looking into building a hardware bitcoin wallet that would give consumers greater control over the cryptocurrency they own.Shares of Square rose about 2.7% on Dorsey’s comments, published on Twitter, where he is also CEO.Bitcoin transactions have become a booming business for Square, which allows consumers to make purchases using the Cash App and store the currency digitally. Bitcoin revenue at the company climbed to $4.75 billion last year from $516.5 million in 2019.Dorsey is proposing a new way for users to store their bitcoin so that it’s not controlled by Square or any other company. A bitcoin wallet could allow users to store the cryptocurrency in a secure gadget and let them choose to spend it later.”Square is considering making a hardware wallet for bitcoin,” Dorsey said. “If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community.”‘He explained how Square’s product, if built, might differ from available alternatives.”The exchange you used to buy your bitcoin probably attends to your security with good intent, but circumstances may reveal ‘custody’ actually means ‘IOU.’ Deciding to take custody, and security, of your bitcoin is complicated.”Dorsey is referring to how some exchanges currently work. PayPal, for example, lets you buy bitcoin but it controls the “private key” and works, as Dorsey explains, more like an IOU. PayPal also doesn’t let customers move bitcoin to wallets outside of the PayPal ecosystem.Dorsey said Square might be able to simplify how people hold bitcoin by creating “assisted self-custody,” which he said would make it easy for customers to spend a certain percentage of available funds from their phone, while safely securing the rest of the money in the wallet. Dorsey said that integration with the Cash App, is “obvious” but “only part of the solution.”Dorsey said the solution doesn’t “need to be owned by Square” and that he’ll provide further thoughts “if we decide to build” the product.WATCH: Bitcoin slumps after Elon Musk posts ‘breakup’ tweetSubscribe to CNBC on YouTube.
Square is considering making a hardware wallet for bitcoin, chief executive officer Jack Dorsey said in a tweet Friday.
As bitcoin and other cryptocurrencies have gained in popularity, many companies have emerged to serve a growing need to protect these assets from online theft.
Bitcoin wallets can be stored offline or online at cryptocurrency exchanges, venues where bitcoin can be bought and sold for traditional currencies or other virtual coins.
“If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community,” said Dorsey.
Shares of Square were up almost 4 percent to $215.24 at midday Friday.
The company has further raised its bets on bitcoin since it disclosed in February it had invested $170 million more in the cryptocurrency.
Billionaire buddies Bill Gates and Warren Buffett are teaming up to build a nuclear reactor — on the site of a coal plant that’s being phased out in Wyoming.
Nuclear reactor design company TerraPower, which Gates founded about 15 years ago, and power company PacifiCorp, which is owned by Buffett’s Berkshire Hathaway, are partners on the Natrium nuclear reactor pilot project, the companies said.
The Department of Energy is also involved in the project through funding and a cooperative agreement.
TerraPower claims its Natrium reactor, which was designed in partnership with GE Hitachi Nuclear Energy, is more fuel-efficient, cost-effective and safer than traditional nuclear reactors, Gates said by video earlier this week at a news conference in the state capital, Cheyenne.
A rendering of the Natrium power plant illustrated in a photo.TerraPower
A computer image of the power plant.TerraPower
“We think Natrium will be a game-changer for the energy industry,” said Gates, who’s going through a high-profile divorce. He appeared to be wearing his wedding ring in the video.
“Wyoming has been a leader in energy for over a century and we hope our investment in Natrium will help Wyoming to stay in the lead for many decades to come,” he added.
But some scientists have expressed concern that there’s little evidence that advanced nuclear reactors are safer than traditional ones.
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A recent report from the Union of Concerned Scientists noted that the supply chain for advanced reactors could be a target for terrorists looking to create a crude nuclear weapon. “In fact, certain alternative reactor designs pose even more safety, proliferation, and environmental risks than the current fleet,” the report states.
The specialized storage technology of the Natrium system can boost its output to the amount of energy required to power about 400,000 homes, TerraPower said.
PacifiCorp is owned by Warren Buffett’s Berkshire Hathaway.Star Max/IPx
TerraPower founder and chairman Bill Gates speaks to the crowd in a recorded video message during the press conference in the Wyoming Capitol on Wednesday, June 2, 2021, in Cheyenne, Wyo., announcing efforts to advance a Natrium reactor demonstration project.Michael Cummo/The Wyoming Tribune Eagle via AP
Wyoming Gov. Mark Gordon praised the jobs that the project will bring.Michael Cummo/The Wyoming Tribune Eagle via AP
“Together with PacifiCorp, we’re creating the energy grid of the future where advanced nuclear technologies provide good-paying jobs and clean energy for years to come,” TerraPower’s CEO Chris Levesque said. “The Natrium technology was designed to solve a challenge utilities face as they work to enhance grid reliability and stability while meeting decarbonization and emissions-reduction goals.”
Today I announced that Wyoming will host a first-of-its-kind nuclear power plant. It will be located at the site of one of our current coal-fired power plants, with an exact location to be announced by the end of the year. 1/3— Governor Mark Gordon (@GovernorGordon) June 2, 2021
Levesque added that the project will take about seven years to build.
Wyoming Gov. Mark Gordon said the project will create hundreds of jobs in the state. He added that an exact location for the project will be announced by the end of the year.
Facebook said Friday that it will ban former President Donald Trump until at least 2023 — drawing new outrage as momentum grows to regulate social media platforms.
The decision means that Trump might still be able to regain access to his Facebook and Instagram accounts in time for the 2024 campaign if he seeks a rematch against President Biden.
But Facebook said it may decide to ban Trump even longer than the two years — and White House Press Secretary Jen Psaki endorsed that consideration at her daily press briefing.
Psaki said social media companies must police “disinformation” and that “we learned a lot from President Trump, the former president, over the last couple of years about his behavior and how he uses these platforms. It feels pretty unlikely that the zebra is going to change his stripes over the next two years. We’ll see.”
Former British deputy prime minister Nick Clegg, who works as Facebook’s vice president of global affairs, announced the two-year ban.
“At the end of this period, we will look to experts to assess whether the risk to public safety has receded,” Clegg said.
“We will evaluate external factors, including instances of violence, restrictions on peaceful assembly and other markers of civil unrest,” he added. “If we determine that there is still a serious risk to public safety, we will extend the restriction for a set period of time and continue to re-evaluate until that risk has receded.”
Trump fired back in a pair of statements Friday, blasting Facebook for “censoring and silencing” his political movement.
“Facebook’s ruling is an insult to the record-setting 75M people, plus many others, who voted for us in the 2020 Rigged Presidential Election,” Trump said. “They shouldn’t be allowed to get away with this censoring and silencing, and ultimately, we will win. Our Country can’t take this abuse anymore!”
And he later snarked: “Next time I’m in the White House there will be no more dinners, at his request, with Mark Zuckerberg and his wife. It will be all business!”
Trump’s account was suspended by Facebook on Jan. 7 following the Capitol riot that disrupted certification of President Biden’s victory. But conservatives accuse tech giants — including Twitter, which permanently banned Trump — of a double standard, pointing out that Democrats including Hillary Clinton also challenged the validity of past election results.
The two-year ban on Trump’s account would end on Jan. 7, 2023, at the earliest, meaning he could use the platform to engage with voters in the next presidential election. But Republicans in Congress said they are outraged by the latest announcement.
“Americans are sick and tired of Big Tech’s double standards,” said Rep. Mark Green (R-Tenn.).
“Woke cancel culture strikes again, and the double standard couldn’t be more evident. When will Facebook ban Chinese Communist Party propagandists who have been covering up COVID-19’s origins and the genocide against the Uyghurs in Xinjiang?”
Trump ally Rep. Matt Gaetz (R-Fla.) said, “If Facebook is worried about threats to public wellbeing on their platform, they should ban [Dr. Anthony] Fauci, not Trump.”
Facebook’s Oversight Board upheld the company’s initial decision to block former President Donald Trump.SOPA Images/LightRocket via Gett
“At this point, Big Tech is a tool of the Democrat party, and we all know Democrats will do anything to suppress Trump voters and ensure they don’t come out to vote in the midterm elections. That’s why they’ve announced this suspension will last until 2023, once again meddling in our elections,” Republican Study Committee Chairman Jim Banks (R-Ind.) said.
Clegg said in his Friday statement that the two-year ban on Trump was decided upon after a Facebook review board last month upheld the suspension but criticized it for being open-ended.
“Given the gravity of the circumstances that led to Mr. Trump’s suspension, we believe his actions constituted a severe violation of our rules which merit the highest penalty available under the new enforcement protocols,” Clegg wrote. “We are suspending his accounts for two years, effective from the date of the initial suspension on January 7 this year.”
Republicans in Congress are pressing for the government to regulate social media companies, saying that censorship is politically biased and that the companies have too much power to steer political debate.
An antitrust push to break up companies like Facebook is being led by Sen. Josh Hawley (R-Mo.), who in April proposed the Bust Up Big Tech Act and Trust-Busting for the Twenty-First Century Act.
A rival proposal would force platforms like Facebook and Twitter to respect different political viewpoints by declaring them “common carriers,” a term that historically emerged for companies like railroads that were regulated to restrict discrimination.
Sen. Bill Hagerty (R-Tenn.) recently introduced the 21st Century FREE Speech Act, which would declare any “interactive computer service” with “more than 100,000,000 worldwide active monthly users” as a common carrier that could not discriminate by viewpoint. The bill also would mandate that they publish “accurate” moderation and account suspension information.
Members of both political parties in Congress historically supported reforms to laws governing Big Tech firms such as Amazon, Google, Facebook and Twitter. For example, both President Biden and House Speaker Nancy Pelosi (D-Calif.) backed repeal of Section 230 of the Communications Decency Act, which grants immunity for most third-party online content.
Trump recently set up a new web platform for his statements. But this week he pulled the plug on the site, which allowed him to indirectly circumvent the Facebook and Twitter bans.
Social media platforms have faced invigorated calls for their regulation since Facebook and Twitter censored The Post’s reporting in October on documents from a laptop formerly belonging to Hunter Biden that appeared to implicate his father in business dealings in China and Ukraine.
The Molson Coors Beverage Company (NYSE: TAP; TSX: TPX) today announced that Eric Gunning has been appointed as Corporate Secretary, in addition to his role as the Company’s Deputy Chief Legal Officer. “Eric has served in a number of capacities for the Molson Coors legal, corporate affairs and compliance departments over the last nine years, […]
US President Donald Trump speaks to officials during a roundtable discussion on community safety, at Mary D. Bradford High School in in Kenosha, Wisconsin on September 1, 2020. – Trump visited Kenosha, the city at the center of a raging US debate over racism, despite pleas to stay away and claims he is dangerously fanning tensions as a reelection ploy.MANDEL NGAN | AFP | Getty ImagesFacebook on Friday announced that it may allow former President Donald Trump’s Facebook and Instagram accounts to be reinstated in January 2023. At that time, the social media company will reevaluate whether the risk to public safety of allowing Trump back onto its services has receded.”We will evaluate external factors, including instances of violence, restrictions on peaceful assembly and other markers of civil unrest,” the company said in a blog post. “If we determine that there is still a serious risk to public safety, we will extend the restriction for a set period of time and continue to re-evaluate until that risk has receded.”Whenever Trump is allowed back on the service, there will be a strict set of rapidly escalating sanctions that will be triggered if Trump further violates the company’s content moderation rules, Facebook said. This two-year suspension will prevent Trump from using Facebook or Instagram to broadcast to his followers until after the 2022 U.S. mid-term elections. Facebook suspended Trump’s accounts following the Jan. 6 insurrection on the U.S. Capitol. The suspension was Facebook’s most aggressive action against Trump during his four-year term.Facebook referred the decision to its oversight board a few weeks later, saying that given the significance of the decision, “we think it is important for the board to review it and reach an independent judgment on whether it should be upheld.”Facebook’s independent Oversight Board in May decided to uphold the company’s decision to suspend Trump’s Facebook and Instagram accounts. In its decision, however, the board noted that Facebook needed to reassess how it moderates the speech of political leaders, clearly outline those rules for the public and determine how long is appropriate for these users to be suspended.The company said it determined that a two-year suspension was the appropriate length to allow a safe period of time after the acts of the Jan. 6 insurrection and it was a significant enough suspension to be a deterrent to Trump and others from repeating the violations in the future.This is breaking news. Please check back for updates.
Walt Disney Chairman Bob Iger sold shares of the company worth $98.7 million, according to a regulatory filing late Thursday.
Iger sold 550,570 shares of Disney’s common stock, the filing showed. He sold 537,304 shares at an average price of $179.2 per share, and 13,266 shares at an average of $179.76 each.
The entertainment company said the sale was part of Iger’s move to diversify his portfolio.
Iger had served as Disney Chief Executive Officer since 2005 before he stepped down earlier this year, handing over the job to Disney Parks head Bob Chapek.
Disney has said Iger will direct the company’s “creative endeavors” until his contract ends at the end of this year.
Iger holds over 500,000 Disney shares in addition to options and other securities, the company said.
