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Daily Red Alert - 10/28/22

Relevant Press

Elon Musk Closes Twitter Deal, Immediately Fires Top Executives - Wall Street Journal

Elon Musk fired several Twitter Inc. executives after completing his takeover of the company, according to people familiar with the matter, capping an unusual corporate battle and setting up one of the world’s most influential social-media platforms for potentially broad change.”

Get Zucked: Facebook Stock Down 22% Based on Disappointing Earnings - Breitbart

“CNBC reports that Facebook shares have continued their downward trend throughout 2022, plunging by more than 22 percent in morning trading on Thursday following a weak forecast for the fourth quarter that came with third quarter earnings well below Wall Street’s expected earnings.”

Amazon Shares Slump, Big Tech Peers Stay Afloat - NewsMax

“ Inc.'s shares fell about 8% on Friday after forecasting holiday-quarter sales below Wall Street estimates, while its Big Tech peers recovered from a bruising selloff this week.”

More Companies Drop Ye Due to Corporate Backlash After Controversial Comments - The Epoch Times

“Peloton and TJ Maxx have cut their ties with rapper and designer Ye, formerly known as Kanye West, following his recent controversial remarks. The two companies are the latest high-profile brands, such as Adidas, Balenciaga, Gap, and Vogue, to cut their longstanding ties with Ye after the row over his words in recent weeks.”

Yeezy sneakers flood resale market after Adidas drops Kanye West over anti-Semitic outburst - New York Post

“Google searches for “sell Yeezy” skyrocketed by nearly 600% worldwide on Oct. 26, the day after Adidas made its announcement, according to a survey commissioned by”

RedBalloon in the News

ICYMI: 23 Niche Job Boards For Your Next Search - Build Remote

“The growing need for employers who choose to respect their employees’ freedom and who value good work over social justice.”

The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.

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