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5600 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Healthcare player Resmed (down 2.8 per cent) and lithium miner Liontown Resources (down 2.8 per cent) both bucked the trend among their respective sectors. The lowdown
Hotter-than-expected inflation data and the prospect of more rate ri... |
5601 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The lowdown
Hotter-than-expected inflation data and the prospect of more rate rises in the world’s biggest economy weighed on sentiment in the Australian sharemarket as interest-rate sensitive sectors such as IT and consumer discretiona... |
5602 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
While commodity prices boosted iron ore players, company specific news was behind some of the biggest swings. Resmed extended its losses after brokers at RBC downgraded the stock and gold miner Newcrest stepped up after investors approve... |
5603 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Resmed extended its losses after brokers at RBC downgraded the stock and gold miner Newcrest stepped up after investors approved its merger with US gold mining giant Newmont. US stocks slipped on Thursday as the clamps tighten on Wall St... |
5604 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
US stocks slipped on Thursday as the clamps tighten on Wall Street from rising yields in the bond market. The S&P 500 was 0.7 per cent lower in afternoon trading and on track to break a four-day winning streak, its longest since August. ... |
5605 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The S&P 500 was 0.7 per cent lower in afternoon trading and on track to break a four-day winning streak, its longest since August. The Dow Jones Industrial Average was down 204 points, or 0.6 per cent, as of 3pm Eastern time, and the Nas... |
5606 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The Dow Jones Industrial Average was down 204 points, or 0.6 per cent, as of 3pm Eastern time, and the Nasdaq composite was 0.8 per cent lower.
The stock market has largely been taking its cue from the bond market recently, and weak res... |
5607 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The stock market has largely been taking its cue from the bond market recently, and weak results announced in the afternoon for an auction of 30-year Treasury bonds sent yields of all kinds higher. Higher yields can knock down prices for... |
5608 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Higher yields can knock down prices for stocks and slow the economy by making borrowing more expensive. Yields had already been on the rise in the morning after a report that showed inflation at the consumer level was a touch higher last... |
5609 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Yields had already been on the rise in the morning after a report that showed inflation at the consumer level was a touch higher last month than economists expected. That raises worries about the Federal Reserve keeping its main interest... |
5610 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Yields had already been on the rise in the morning after a report that showed inflation at the consumer level was a touch higher last month than economists expected. That raises worries about the Federal Reserve keeping its main interest... |
5611 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
That raises worries about the Federal Reserve keeping its main interest rate high for a long time, as it tries to undercut inflation by knocking down investment prices and slowing the economy. Nothing in Thursday’s inflation report shoul... |
5612 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Nothing in Thursday’s inflation report should sway the Fed one way or the other when it comes to what it will do on November 1. The inflation report, though, also had some encouraging nuggets for financial markets underneath the surface.... |
5613 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Nothing in Thursday’s inflation report should sway the Fed one way or the other when it comes to what it will do on November 1. The inflation report, though, also had some encouraging nuggets for financial markets underneath the surface.... |
5614 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
After ignoring prices for food and fuel, which Fed officials see as a better predictor of where inflation is heading, prices that consumers had to pay last month were in line with expectations. They also continued to decelerate from earl... |
5615 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
After ignoring prices for food and fuel, which Fed officials see as a better predictor of where inflation is heading, prices that consumers had to pay last month were in line with expectations. They also continued to decelerate from earl... |
5616 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
They also continued to decelerate from earlier months. A second economic report from the morning likewise offered both encouragement and caution for financial markets. It said slightly fewer US workers than expected applied for unemploym... |
5617 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
On one hand, it indicates a job market with few lay-offs, which means strength for the overall economy. But it could also be adding fuel to keep upward pressure on inflation.
After the reports, the 10-year Treasury yield rose to 4.7 per... |
5618 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The two-year Treasury yield, which more closely tracks expectations for the Fed, climbed to 5.06 per cent from 4.99 per cent. Yields are still down slightly for the week so far. After jumping last week to their highest levels in more tha... |
5619 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The two-year Treasury yield, which more closely tracks expectations for the Fed, climbed to 5.06 per cent from 4.99 per cent. Yields are still down slightly for the week so far. After jumping last week to their highest levels in more tha... |
5620 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Yields are still down slightly for the week so far. After jumping last week to their highest levels in more than a decade, yields regressed following speeches that investors saw as hints that the Fed may not raise its main overnight inte... |
5621 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
After jumping last week to their highest levels in more than a decade, yields regressed following speeches that investors saw as hints that the Fed may not raise its main overnight interest rate further. Loading The big jump for the 10-y... |
5622 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Loading The big jump for the 10-year Treasury yield since the summer has pulled mortgage rates to their highest levels since the turn of the millennium, and such moves could slow the economy without requiring more Fed hikes. Nothing in T... |
5623 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Nothing in Thursday’s inflation report should sway the Fed one way or the other when it comes to what it will do on November 1, when it announces its next move on interest rates, said Seema Shah, chief global strategist at Principal Asse... |
5624 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
She called the data “reassuringly uneventful”.
“The question around whether or not there will be one more interest rate hike is yet to be answered,” she said. Rising crude oil prices have put extra pressure on inflation since the summer... |
5625 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
She called the data “reassuringly uneventful”.
“The question around whether or not there will be one more interest rate hike is yet to be answered,” she said. Rising crude oil prices have put extra pressure on inflation since the summer... |
5626 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Rising crude oil prices have put extra pressure on inflation since the summer, and they were volatile again on Thursday. After jumping early in the day, a barrel of benchmark US crude slipped US58¢ to settle at $US82.91. Brent crude, the... |
5627 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Rising crude oil prices have put extra pressure on inflation since the summer, and they were volatile again on Thursday. After jumping early in the day, a barrel of benchmark US crude slipped US58¢ to settle at $US82.91. Brent crude, the... |
5628 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
After jumping early in the day, a barrel of benchmark US crude slipped US58¢ to settle at $US82.91. Brent crude, the international standard, rose US18¢ to $US86 a barrel. After jumping since the summer and then regressing a couple of wee... |
5629 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Brent crude, the international standard, rose US18¢ to $US86 a barrel. After jumping since the summer and then regressing a couple of weeks ago, crude prices have been shaky following the latest fighting in Gaza. The worry is the violenc... |
5630 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The worry is the violence could lead to disruptions in the supply of petroleum. Crude prices have been shaky following the latest fighting in Gaza. Credit: Bloomberg Higher oil prices add costs across the economy, and airlines are partic... |
5631 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The worry is the violence could lead to disruptions in the supply of petroleum. Crude prices have been shaky following the latest fighting in Gaza. Credit: Bloomberg Higher oil prices add costs across the economy, and airlines are partic... |
5632 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
Crude prices have been shaky following the latest fighting in Gaza. Credit: Bloomberg Higher oil prices add costs across the economy, and airlines are particularly affected because fuel is one of their biggest expenses.
Delta Air Lines ... |
5633 | ASX to open lower; Wall Street falls as the clamp tightens from rising bond yields
The result heads a reporting season for S&P 500 companies that could mark a return to profit growth after three straight quarters of declines. Several financial giants will report on Friday, including Citigroup, JPMorgan Chase and Wells ... |
5634 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! After a bit of a quiet period, thin... |
5635 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! After a bit of a quiet period, things in the world of fintech picked up in a big way this past week. We wrote about some notable fundraises... |
5636 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
We wrote about some notable fundraises, how PayPal was hit with an antitrust lawsuit, how Bolt is trying to move on after an SEC probe, and much more.
Rainforest takes on the bigger players
It’s not every day that we’re pitched compani... |
5637 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Rainforest takes on the bigger players
It’s not every day that we’re pitched companies that feel like they are taking on bigger players in a really meaningful way. This past week, I wrote about Rainforest, an Atlanta-based startup that ... |
5638 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Rainforest takes on the bigger players
It’s not every day that we’re pitched companies that feel like they are taking on bigger players in a really meaningful way. This past week, I wrote about Rainforest, an Atlanta-based startup that ... |
5639 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Rainforest works with software companies to help them embed financial services and payments into their platforms. In an interview with TechCrunch, CEO and co-founder Joshua Silver respectfully disagreed with a16z general partner Angela S... |
5640 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Rainforest works with software companies to help them embed financial services and payments into their platforms. In an interview with TechCrunch, CEO and co-founder Joshua Silver respectfully disagreed with a16z general partner Angela S... |
5641 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
In his view, most software companies don’t actually want to be fintechs and deal with all the regulatory and compliance issues that go with that. They really just want to be able to accept payments and generate more revenue from being ab... |
5642 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
In his view, most software companies don’t actually want to be fintechs and deal with all the regulatory and compliance issues that go with that. They really just want to be able to accept payments and generate more revenue from being ab... |
5643 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Accel led the company’s $8.5 million seed round, which included participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners.
It’s always cool to see startups outside the coasts gro... |
5644 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
It’s always cool to see startups outside the coasts growing, and Silver’s confidence that what Rainforest is building will make it a formidable player in the space feels like it has merit. Founded in 2022, the startup has seen impressive... |
5645 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
It’s always cool to see startups outside the coasts growing, and Silver’s confidence that what Rainforest is building will make it a formidable player in the space feels like it has merit. Founded in 2022, the startup has seen impressive... |
5646 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
As such, the startup is capturing volume as software platforms migrate from legacy processors such as Fiserv and FIS. As that happens, it competes against companies like Stripe (and its Connect product) to embed financial services and pa... |
5647 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
As that happens, it competes against companies like Stripe (and its Connect product) to embed financial services and payments.
Nik Milanović of The Fintech Fund posted on X that he believes that one of the biggest stories of the next de... |
5648 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Nik Milanović of The Fintech Fund posted on X that he believes that one of the biggest stories of the next decade will be about Stripe, “which looks invincible from the outside, losing market share to nimble competitors.”
He added: “I t... |
5649 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
He’s lived the pain of payments himself, and you can’t underestimate the power of being in your clients’ shoes. He knew that taking on risk and compliance burdens, and offering features like data portability, would be hugely attractive t... |
5650 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
He’s lived the pain of payments himself, and you can’t underestimate the power of being in your clients’ shoes. He knew that taking on risk and compliance burdens, and offering features like data portability, would be hugely attractive t... |
5651 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
He knew that taking on risk and compliance burdens, and offering features like data portability, would be hugely attractive to platforms. We also like that it’s not just him who has a wealth of payments experience — it’s the entire team ... |
5652 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Many are longtime payments and SaaS vets who knew there was so much potential for a better provider, and now they’ve built it themselves.”
Listen to TC+ editor Alex Wilhelm and I talk more about how there’s plenty of market share to go ... |
5653 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
— Mary Ann
PayPal is being sued for alleged “Draconian” payment policies
On October 5, Mary Ann broke the news that PayPal has been hit with a class action lawsuit by consumers represented by law firm Hagens Berman alleging that the fi... |
5654 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
— Mary Ann
PayPal is being sued for alleged “Draconian” payment policies
On October 5, Mary Ann broke the news that PayPal has been hit with a class action lawsuit by consumers represented by law firm Hagens Berman alleging that the fi... |
5655 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Specifically, according to an investigation conducted by the firm’s consumer rights attorneys, PayPal has subjected consumers to excess charges when purchasing from online merchants that accept PayPal or Venmo.
Someone commented on soci... |
5656 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Someone commented on social media that they didn’t see the problem with what PayPal is doing and questioned whether or not Visa and Mastercard do the same thing. So I went back to the attorneys who filed the lawsuit, who noted that the “... |
5657 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
They said: “Visa and MasterCard once imposed similar anti-steering rules on merchants accepting their cards but, after the Justice Department sued the networks for antitrust violations, they agreed in 2010 to eliminate their anti-steerin... |
5658 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
With payments transitioning into the digital realm, PayPal has simply ripped a page right from the Visa and MasterCard [sic] playbook.”
Meanwhile, Patrick McGahan, a partner at Scott+Scott who focuses on antitrust litigation, had an int... |
5659 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
He told TechCrunch that the case illustrates that “the tensions between merchants and the payment system providers are not over, and that litigation regarding this key cost faced by merchants is likely to continue for some time.”
He add... |
5660 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
PayPal’s fees are, however, driven by the costs imposed upon them by the dominant card schemes, Visa, Mastercard and American Express. So, we can expect PayPal will respond to this suit by arguing that it is as much of a price taker as t... |
5661 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
PayPal’s fees are, however, driven by the costs imposed upon them by the dominant card schemes, Visa, Mastercard and American Express. So, we can expect PayPal will respond to this suit by arguing that it is as much of a price taker as t... |
5662 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
— Mary Ann
Bolt CEO gets frank about SEC probe
Bolt Financial CEO Maju Kuruvilla told me in an interview that the one-click checkout company is putting a recent U.S. Securities and Exchange Commission probe behind it and is moving on.
... |
5663 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Securities and Exchange Commission probe behind it and is moving on.
“It obviously is a very, very involved process, but we’re really happy to put that behind us,” Kuruvilla told TechCrunch. “We look forward to focusing on the momentum ... |
5664 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
“It obviously is a very, very involved process, but we’re really happy to put that behind us,” Kuruvilla told TechCrunch. “We look forward to focusing on the momentum for the business and how we can help the retailers, especially the big... |
5665 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
“We look forward to focusing on the momentum for the business and how we can help the retailers, especially the big retailers who are looking to us to innovate for them, because this is a tough year for retailers.”
You might remember th... |
5666 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
“We look forward to focusing on the momentum for the business and how we can help the retailers, especially the big retailers who are looking to us to innovate for them, because this is a tough year for retailers.”
You might remember th... |
5667 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
The investigation took about 15 months, but news of that probe didn’t go public until July of 2023. Shortly thereafter on August 23, the SEC said, in a letter viewed by TechCrunch, it was not recommending an enforcement action for the co... |
5668 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Shortly thereafter on August 23, the SEC said, in a letter viewed by TechCrunch, it was not recommending an enforcement action for the company.
Kuruvilla spoke with me about how, exactly, the company can put something like this behind i... |
5669 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Kuruvilla spoke with me about how, exactly, the company can put something like this behind it, what it told customers and what’s next. Read more. — Christine
Weekly News
Banking-as-a-service startup Synapse confirmed Friday that it lai... |
5670 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Read more. — Christine
Weekly News
Banking-as-a-service startup Synapse confirmed Friday that it laid off 86 people, or about 40% of the company. The San Francisco–based company, which operates a platform enabling banks and fintech com... |
5671 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
— Christine
Weekly News
Banking-as-a-service startup Synapse confirmed Friday that it laid off 86 people, or about 40% of the company. The San Francisco–based company, which operates a platform enabling banks and fintech companies to e... |
5672 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
In June, CEO Sankaet Pathak wrote in a blog post that the company had let go of 18% of its workforce as “the current macroeconomic conditions” had begun to impact its clients and platforms, affecting its anticipated growth. More here.
V... |
5673 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Visa Ventures head David Roff told TechCrunch that the fintech giant has “a lot of flexibility” with regards to how many investments it would make out of the new fund, and average check size. More here.
As reported by Manish Singh, “Ind... |
5674 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
More here.
As reported by Manish Singh, “Indian unicorn fintech Slice is merging with North East Small Finance Bank after receiving the approval from the central bank, in an extremely rare feat that has eluded many tech giants, top fina... |
5675 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Slice — which earlier offered credit card–like cards and at peak issued over 400,000 cards in a month, more than any other fintech or bank — said the merger with the Guwahati-headquartered bank will allow the combined entity to better se... |
5676 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Slice — which earlier offered credit card–like cards and at peak issued over 400,000 cards in a month, more than any other fintech or bank — said the merger with the Guwahati-headquartered bank will allow the combined entity to better se... |
5677 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
“CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising adoption of its lending and commerce offe... |
5678 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
The Bengaluru-headquartered startup had a total income of about $50 million in the financial year ending March last year and $11.4 million in the prior year. More here from Manish Singh.
Brex co-CEO and co-founder Henrique Dubugras chos... |
5679 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
More here from Manish Singh.
Brex co-CEO and co-founder Henrique Dubugras chose the very picturesque island Fernando de Noronha in northeastern Brazil to be the location of four days of festivities around his marriage to software engine... |
5680 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
Brex co-CEO and co-founder Henrique Dubugras chose the very picturesque island Fernando de Noronha in northeastern Brazil to be the location of four days of festivities around his marriage to software engineer Laura Fiuza, Brazilian publ... |
5681 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
1; Synctera, No. 11; Esusu, No. 13; Sardine, No. 16; and Tapcheck, No. 48.
CB Insights also released its Fintech 100 list, made up of the “most promising 100 fintech startups of 2023.”
Other items we are paying attention to:
The great... |
5682 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
13; Sardine, No. 16; and Tapcheck, No. 48.
CB Insights also released its Fintech 100 list, made up of the “most promising 100 fintech startups of 2023.”
Other items we are paying attention to:
The great Zelle pool scam
The Public pla... |
5683 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
made up of the “most promising 100 fintech startups of 2023.”
Other items we are paying attention to:
The great Zelle pool scam
The Public platform offers everyday investors a slice of ‘Shrek’ catalog with quarterly payouts
Stockpile... |
5684 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
”
Other items we are paying attention to:
The great Zelle pool scam
The Public platform offers everyday investors a slice of ‘Shrek’ catalog with quarterly payouts
Stockpile and Green Dot partner on debit cards for minors
Amex pilot... |
5685 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
account-to-account payment grows
Recapitalization, $60M Series D support growth of e-commerce financier Clearco
Stitch raises $25M Series A extension led by Ribbit Capital, increasing the round’s total to $46M
Resy and Eater co-founde... |
5686 | Here’s how Rainforest, a budding Stripe rival, aims to win over software companies
$60M Series D support growth of e-commerce financier Clearco
Stitch raises $25M Series A extension led by Ribbit Capital, increasing the round’s total to $46M
Resy and Eater co-founder raises $24M for Blackbird, a restaurant loyalty pl... |
5687 | How the conspiracy-fueled Epoch Times went mainstream and made millions
In the runup to the 2020 election, a small news organization saw an opportunity.
The Epoch Times directed millions of dollars in advertising toward supporting President Donald Trump’s campaign and published dozens of articles parroting his lies ab... |
5688 | How the conspiracy-fueled Epoch Times went mainstream and made millions
The Epoch Times directed millions of dollars in advertising toward supporting President Donald Trump’s campaign and published dozens of articles parroting his lies about the election — resulting in huge growth to its audience and its coffers.
The ... |
5689 | How the conspiracy-fueled Epoch Times went mainstream and made millions
The strategy garnered criticism from fact-checking groups and got it banned from advertising on Facebook, but it ultimately paid off — putting the once-fringe newspaper on a path that perhaps only its leader, who claims to have supernatural powers,... |
5690 | How the conspiracy-fueled Epoch Times went mainstream and made millions
Today, The Epoch Times is one of the country’s most successful and influential conservative news organizations. It’s powered by Falun Gong, a religious group persecuted in China, which launched The Epoch Times as a free propaganda newsletter more t... |
5691 | How the conspiracy-fueled Epoch Times went mainstream and made millions
Today, The Epoch Times is one of the country’s most successful and influential conservative news organizations. It’s powered by Falun Gong, a religious group persecuted in China, which launched The Epoch Times as a free propaganda newsletter more t... |
5692 | How the conspiracy-fueled Epoch Times went mainstream and made millions
Funded through aggressive online and real-world marketing campaigns and big-money conservative donors, The Epoch Times now boasts to be the country’s fourth-largest newspaper by subscriber count. (Unlike most major newspapers, The Epoch Times isn't... |
5693 | How the conspiracy-fueled Epoch Times went mainstream and made millions
(Unlike most major newspapers, The Epoch Times isn't audited by the two major independent collectors of circulation data.) The nonprofit has amassed a fortune, growing its revenue by a staggering 685% in two years, to $122 million in 2021, accordin... |
5694 | How the conspiracy-fueled Epoch Times went mainstream and made millions
The nonprofit has amassed a fortune, growing its revenue by a staggering 685% in two years, to $122 million in 2021, according to the group’s most recent tax records.
Its editorial vision — fueled by a right-wing slant and conspiracy theories — is... |
5695 | How the conspiracy-fueled Epoch Times went mainstream and made millions
The nonprofit has amassed a fortune, growing its revenue by a staggering 685% in two years, to $122 million in 2021, according to the group’s most recent tax records.
Its editorial vision — fueled by a right-wing slant and conspiracy theories — is... |
5696 | How the conspiracy-fueled Epoch Times went mainstream and made millions
Its editorial vision — fueled by a right-wing slant and conspiracy theories — is on display in recent reports on how “Jan. 6 Capitol Hill Security Footage Challenges Key Narratives” and “Meteorologists, Scientists Explain Why There Is ‘No Climate E... |
5697 | How the conspiracy-fueled Epoch Times went mainstream and made millions
Its editorial vision — fueled by a right-wing slant and conspiracy theories — is on display in recent reports on how “Jan. 6 Capitol Hill Security Footage Challenges Key Narratives” and “Meteorologists, Scientists Explain Why There Is ‘No Climate E... |
5698 | How the conspiracy-fueled Epoch Times went mainstream and made millions
6 Capitol Hill Security Footage Challenges Key Narratives” and “Meteorologists, Scientists Explain Why There Is ‘No Climate Emergency.’” Its video series include a documentary-style film alleging widespread vaccine injury and death and an exposé of... |
5699 | How the conspiracy-fueled Epoch Times went mainstream and made millions
What The Epoch Times lacks in standards, it makes up for in style and form, mirroring the aesthetics of journalism — a feature that’s attracted subscribers and big-name supporters.
Anti-vaccine activist and presidential candidate Robert F. Kennedy... |
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