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Parler sues Amazon for yanking account following US Capitol siege – Al Jazeera English

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4 years ago

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Parler, a social networking service favoured by supporters of President Trump, accused Amazon of making politically-motivated decisions.

Parler LLC, a social networking service favoured by many supporters of United States President Donald Trump, sued Amazon.com Inc on Monday, accusing its internet hosting service of making an illegal, politically motivated decision to shut down its account.

In an antitrust complaint filed with the US District Court in Seattle, Parler accused Amazon of hypocrisy for suggesting a lack of confidence that it could police its platform, including by finding and removing content that encouraged violence.

Parler said Amazon Web Services shut down its account on Sunday night despite making no threats to suspend Twitter Inc, where it said one of the top-trending tweets on Friday night had been “Hang Mike Pence,” a reference to the US vice president.

“AWS’s decision to effectively terminate Parler’s account is apparently motivated by political animus,” the complaint said. “Parler has not only lost current and future customers, but Parler has also been unable to find an alternative web hosting company. In short, AWS false claims have made Parler a pariah.”

Parler wants a court order requiring Amazon to reinstate its account and provide services it had contracted for. It is also seeking unspecified triple damages.

Amazon did not immediately respond to requests for comment. Parler was not immediately available for comment.

Twitter permanently suspended Trump’s personal account, @realDonaldTrump, on Friday night, citing the “risk of further incitement of violence”.

That suspension came two days after the US Capitol was stormed by a mob of Trump supporters.

The Republican president had earlier asked Pence to overturn the results of the November 3 presidential election at a joint session of Congress. Pence did not, and Congress confirmed the election of Democrat Joe Biden.

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Restaurant Brands reports US$357M Q3 net income, down from US$364M a year ago

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5 hours ago

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November 5, 2024

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TORONTO – Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year.

The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 cents US per diluted share a year earlier.

Revenue for the parent company of Tim Hortons, Burger King, Popeyes and Firehouse Subs, totalled US$2.29 billion, up from US$1.84 billion in the same quarter last year.

Consolidated comparable sales were up 0.3 per cent.

On an adjusted basis, Restaurant Brands says it earned 93 cents US per diluted share in its latest quarter, up from an adjusted profit of 90 cents US per diluted share a year earlier.

The average analyst estimate had been for a profit of 95 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:QSR)

The Canadian Press. All rights reserved.

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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago

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6 hours ago

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November 5, 2024

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ST. JOHN’S, N.L. – Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year.

The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept. 30, up from 81 cents per share a year earlier.

Fortis says the increase was driven by rate base growth across its utilities, and strong earnings in Arizona largely reflecting new customer rates at Tucson Electric Power.

Revenue in the quarter totalled $2.77 billion, up from $2.72 billion in the same quarter last year.

On an adjusted basis, Fortis says it earned 85 cents per share in its latest quarter, up from an adjusted profit of 84 cents per share in the third quarter of 2023.

The average analyst estimate had been for a profit of 82 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:FTS)

The Canadian Press. All rights reserved.

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Thomson Reuters reports Q3 profit down from year ago as revenue rises

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November 5, 2024

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TORONTO – Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent.

The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of US$367 million or 80 cents US per diluted share in the same quarter a year earlier.

Revenue for the quarter totalled US$1.72 billion, up from US$1.59 billion a year earlier.

In its outlook, Thomson Reuters says it now expects organic revenue growth of 7.0 per cent for its full year, up from earlier expectations for growth of 6.5 per cent.

On an adjusted basis, Thomson Reuters says it earned 80 cents US per share in its latest quarter, down from an adjusted profit of 82 cents US per share in the same quarter last year.

The average analyst estimate had been for a profit of 76 cents US per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Nov. 5, 2024.

Companies in this story: (TSX:TRI)

The Canadian Press. All rights reserved.

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