#michael bloom

[mcforwhatiam]

For Pulse magazine, 1994, by Michael Bloom

And some edits (Thanks @wretchedmole-blog)

[ph4z0n]

The Intercept Bars Co-Founder From Meeting After Shutting Down Snowden Archive

The meeting featured written questions to permit frank talk without reprisal, a remarkable development for a company built on aggressive journalism and defense of free speech.

Laura Poitras, one of the founding editors of The Intercept, was barred from attending a company meeting on Thursday following a decision by First Look Media to discontinue managing The Intercept’s archive of leaked documents provided by NSA whistleblower Edward Snowden.

Poitras was the initial recipient of Snowden’s trove of secret NSA documents and a driving journalistic force behind the bombshell stories they yielded beginning in 2013. Since 2014, Poitras and Intercept co-founder Glenn Greenwald have entrusted The Intercept, which is owned by First Look Media, to maintain the voluminous archive. The trove of information includes millions of files that have been the basis for major stories worldwide concerning the growth and reach of 21st-century mass digital surveillance.

Multiple sources told The Daily Beast on Thursday that Poitras was invited by staff to a meeting following the company’s announcement that it was cutting four percent of staff and ending its maintenance of the archive. But according to two sources, David Bralow, the company’s general counsel, blocked Poitras, who co-founded the site but now works for a different arm of First Look Media, from attending...

[erebusvincent]

GM to reinstate quarterly dividend and increase share buyback program to $5 billion

GM is reinstating a quarterly cash dividend and increasing the size of its opportunistic share repurchases to $5 billion of common stock.

[erebusvincent]

Shares of EV start-up Nikola surge on earnings beat, plans to generate revenue in 2022

Nikola said it expects to generate revenue of between $90 million and $150 million in 2022 on deliveries of between 300 and 500 of EV semitrucks.

[erebusvincent]

Ford plans to nearly double production of its new all-electric F-150 Lightning pickup

The increase is a good sign for the vehicle but also shows Ford significantly underestimated demand for the truck, causing it to now scramble to boost output.

[erebusvincent]

Nikola expects $125 million SEC penalty under proposed resolution

Nikola said it has "been engaged in discussions regarding a resolution" that, if approved, would include a $125 million civil penalty paid over time.

[emergentfutures]

More retail pain ahead: UBS predicts 80,000 stores will close in the U.S. by 2026

UBS predicts 80,000 retail stores will shut across the U.S. by 2026, assuming e-commerce sales rise to represent 27% of total retail sales, up from 18% today.

[kenacks]

GM to invest more than $2 billion in U.S. manufacturing to increase electric vehicle production

General Motors is investing about $2.2 billion in its U.S. manufacturing operations, largely to increase production of electric vehicles.