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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

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Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
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Canadian Broadcasting Corporation joins list of news outlets dumping Twitter

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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April 18, 2023, 12:00 PM ET
The CBC has stopped posting on Twitter after it was labeled “government-funded media.”
The CBC has stopped posting on Twitter after it was labeled “government-funded media.” Rafael Henrique—SOPA Images/LightRocket/Getty Images
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The Canadian Broadcasting Corporation (CBC) is the latest news organization to put its use of Twitter on hold after the social media company labeled it “government-funded media.”

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The action follows similar walkaways from NPR and PBS, who objected to the tag, which they say implies the government controls their editorial content.

“Twitter can be a powerful tool for our journalists to communicate with Canadians, but it undermines the accuracy and professionalism of the work they do to allow our independence to be falsely described in this way,” CBC corporate spokesperson Leon Mar said in a statement. “Consequently, we will be pausing our activity on our corporate Twitter account and all CBC and Radio-Canada news-related accounts.”

CBC is also halting activities on Twitter for its sports, entertainment, and radio accounts.

Elon Musk, who has been open in his hostility to media outlets for the past several months, responded quickly to CBC’s decision. He ordered his staff to change the label of the news outlet, which initially read, “70% Government-funded Media,” to 69%.

Other outlets that have been labeled as “government-funded” include Australia’s ABC News and New Zealand public broadcaster RNZ.

The BBC was at one point labeled as such, but that has since been changed to “publicly funded media.”

Musk has been quick to fire back when outlets have challenged the social media company’s decision to imply they are influenced by the state. After NPR announced it was quitting Twitter, Musk made a series of posts including “Defund NPR” and falsely accused the organization of updating its website to remove the part that said federal funding is “essential to public radio,” adding the commentary “What hypocrites!”

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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