Epoch Times

Two months after the collapse of Silicon Valley Bank (SVB), triggered by a social media-fuelled panic, banking executives across America are reevaluating their approach to online platforms. The crisis sparked a broad recognition of the impact of social media on the financial industry, prompting a renewed focus on risk management and mitigation. An array of strategies are now under development...

Minnesota Gov. Tim Walz on Friday signed a sweeping gun control bill into law, including universal background checks and a “red flag” measure that lets law enforcement intervene if someone is deemed at high risk of injuring themselves or others with a firearm. The gun control measures were folded into a broader public safety bill, SF 2909, which also includes...

Commentary The COVID-19 emergency has at last come to an end as even the most restrictive countries—the United States, most recently—have lifted draconian COVID mandates. Freedom has been restored, but the pandemic has left an indelible mark on the bedrock institutions of our society. The corruption of the FDA, CDC, the White House, Big Pharma has been undeniably exposed—a topic I have exhaustively...

Commentary Gouverneur Morris was a “chick magnet.” He was tall, handsome, witty, and rich. Even scalding damage to his right arm, loss of his lower leg in a traffic accident, and reliance on a wooden prosthesis for walking didn’t impair his success with women. Part of his attractiveness to women seems to have been a sincere regard for them. He...

An Italian flag covered in mud flutters on a flooded street, after heavy rains hit Italy's Emilia Romagna region, in Castel Bolognese, Italy, on May 18, 2023. (Jennifer Lorenzini/Reuters) MILAN—Elon Musk’s SpaceX and Unipol Gruppo agreed to join forces to help people hit by flooding in northern Italy connect to the Internet, facilitating rescue operations, the Italian insurer said on...

Commentary In the early 2010s, China started building a constellation of artificial islands in the Spratly Islands. At the time, the Chinese Communist Party (CCP) leadership promised not to militarize these islands. That turned out to be a lie, and several islands were subsequently constructed with airstrips and harbors capable of accepting military aircraft and warships. In addition, these islands...

FEC United Michigan, a Constitutional rights advocate movement and supporters, hold a sidewalk protest at 12:00 p.m. ET on May 20 to “Speak Truth to Government” and call on the FBI to comply with the House Committee. ...

In a landmark decision on May 17, a California district court blocked a state law mandating racial quotas on corporate boards as it violated the U.S. Constitution. The California law, AB979, required that a minimum number of people from “designated racial, ethnic, and LGBTQ backgrounds” have a seat on corporate boards. But the court ruling stated (pdf) that the law...

Sen. Dianne Feinstein’s office disclosed on Thursday details about her health condition, as she returned to the Senate after a nearly three-month-long absence due to shingles. Feinstein (D-Calif.), 89, was suffering from shingles virus this year that led to the emergence of two complications, Ramsay Hunt syndrome and encephalitis. Ramsay Hunt syndrome can lead to partial facial paralysis. Previously, the...

Daniel Suidani, the former premier of the Solomon Islands’ Malaita Province, became a hero among China watchers after he challenged Chinese Communist Party (CCP) influence operations in the region, refused a bribe, and barred CCP-linked companies from operating in his province. The punishment came swiftly. He was ousted from his position, and when he fell ill and needed brain surgery,...

Benchmark U.S. crude oil for June delivery fell 31 cents to $71.55 a barrel Friday. Brent crude for July delivery fell 28 cents to $75.58 a barrel. Wholesale gasoline for June delivery rose 1 cent to $2.58 a gallon. June heating oil fell 4 cents to $2.36 a gallon. June natural gas was unchanged at $2.59 per 1,000 cubic feet....

Commentary The battle over the operation of the multi-national Enbridge Line 5 pipeline appears to have no end. American anti-energy activists—invigorated by their victory in shutting down the Keystone XL pipeline from Canada—have set their sights on Line 5 and won’t quit until the line is shut down one way or another. Cross-border pipelines could soon be a thing of...

Meant to screen travelers, Babel X can monitor large swaths of data in near real-time U.S. Customs and Border Protection (CBP) is using an artificial intelligence (AI) data collection tool to collect information from social media activity that can in some cases be linked to individuals’ social security or driver’s license numbers, according to a CBP document describing the software...

A New York-based social media startup is seeking to set itself apart from mainstream tech practices by taking a strict stance on data privacy. The company is a minimalist when it comes to data collection, according to Nick Janicki, director of media relations at Gan Jing World, an entertainment platform established in the United States last July by former Silicon...

Commentary If you want to see what’s wrong with K-12 education in California, a good place to start is Assembly Bill 938, by Assemblyman Al Muratsuchi (D-Torrance). It sets “aspirational funding levels” to “raise wages by 50 percent” for teachers and other school workers by fiscal year 2030-31. Or seven years from the 2023-24 fiscal year, which begins this July...

Two Democrat senators introduced legislation on May 18 that would create an expert federal agency to provide regulation of digital platforms, specifically artificial intelligence. Sens. Michael Bennet (D-Colo.) and Peter Welch (D-Vt.) introduced the Digital Platform Commission Act, which aims to establish a dedicated federal agency responsible for regulating digital platforms. In a press release announcing the legislation, the lawmakers...

The Academic Sanity Consortium is hosting the “Academia’s COVID Failures” symposium at the University of Chicago campus on May 19, 11 a.m.–4:30 p.m. CT (12 p.m.–5:30 p.m. ET). Guests include Scott Atlas and Jay Bhattacharya of Stanford University, George Mason University Law Professor Todd Zywicki, Hillsdale College President Larry Arnn, George Washington University Law Professor Jonathan Turley, and Ilya Shapiro,...

The CEO of CNN’s parent company responded to recent criticism against his network by saying that it needs to “show both sides” in order to rebrand. David Zaslav, the chief executive of Warner Bros. Discovery, told a media conference Thursday that CNN needs to shift from a “left-leaning” network to “show both sides of every issue” in what appears to...

Military aid, including weapons and ammunition, sent by the United States to Ukraine was overestimated by at least $3 billion owing to an accounting mistake by the Pentagon, Defense Department officials have said. “During our regular oversight process of presidential drawdown packages, the Department discovered inconsistencies in equipment valuation for Ukraine,” said Pentagon deputy press secretary Sabrina Singh in an...

A GM logo is shown at the General Motors Detroit-Hamtramck Assembly plant in Hamtramck, Mich., on Jan. 27, 2020. (Paul Sancya/AP Photo) DETROIT—General Motors is recalling more than 668,000 small SUVs in the United States because owners may not be able to hook child seats to the anchors. The recall covers certain 2020 to 2023 Chevrolet Equinox and GMC Terrain...