Tag Archives: sold

An article allegedly from 1927, claiming that America was sold to five billionaires, has been shared out of context on Facebook. But the ‘article’ comes from satirical publisher The Onion.

Social media posts show an image of an unnamed newspaper with the caption: “This is a 1927 News Article showing America was sold to 5 Billionaires. The Rothschild’s, Rockefellers, DuPont’s, Harriman’s and Warburg’s [sic]”. 

The ‘newspaper’ features an article with the headline “BILLIONAIRES BUY U.S. FROM MILLIONAIRES: Future of Nation in Yet Wealthier Hands” and includes an image of American business magnate John D. Rockefeller, who founded the Standard Oil Company. 

A reverse image search shows the image of the article was published on the website of…

The Biden administration has taken action against TikTok.

On April 24, 2024, President Joe Biden signed a law to ban the China-based social media app under parent company ByteDance in the U.S. if it’s not sold within a year, NPR reports. The move comes after the House of Representatives introduced in March the Protecting Americans from Foreign Adversary Controlled Applications Act, which aims to “protect the national security of the United States from the threat posed by foreign adversary controlled applications,” as previously shared by AFROTECH™.

Under President Biden’s new law, if TikTok fails to be sold in 12 months, it would become illegal for web-hosting providers to host the platform. What’s more, Google and Apple would have to pull the popular app from its app…