Free Republic

The best outcome for the failed Silicon Valley Bank would be for U.S. officials to find a buyer for it on Sunday, Sen. Mark Warner (D-Va.) said, after its collapse last week. “The best outcome will be can they find a buyer for this SVB bank today before the markets open in Asia later in the day,” Warner said on ABC’s “This Week.” “The depositors can be taken care of and the best outcome will be an acquisition of SVB.” The fall of the bank last week sent shockwaves throughout the tech industry, which relied heavily on the bank for...

In a sane world – which we haven’t seen in well over a decade – this letter would not even be marginally controversial: Shopify CEO Tobi Lütke Speaks Out Against Woke Capitalism.Business Insider reports that the CEO of the e-commerce platform Shopify, Tobi Lütke, recently sent a letter to the entire staff reasserting the company’s commitment to competitive enterprise and rejecting calls for it to embrace social activism. In an age when woke politics are increasingly infecting corporate America, he wanted to “remind everyone that we are a business,” and, “more importantly, a hugely ambitious one.” “We are trying...

A small business owner says he was banned from selling a "Free Kyle" shirt on the e-commerce platform Shopify referring to Kyle Rittenhouse, an Illinois teen accused of killing two people during unrest in Kenosha, Wis. The company told Seth Weathers, founder and owner of BringAmmo.com, that the product violated its Acceptable Use Policy, Weathers said. Weathers is now accusing Shopify of anti-conservative bias, telling FOX Business that the decision had little explanation and came "out of the blue," since the item had been listed since summer 2020.

Facebook isn’t the only big tech company taking action against Donald Trump’s web presence in the wake of yesterday’s riots in Washington, D.C. Shopify, which hosted shops related to Trump’s campaign paraphernalia and the outgoing President’s personal brand, TrumpStore, has apparently taken down both of those properties. “Shopify does not tolerate actions that incite violence. Based on recent events, we have determined that the actions by President Donald J. Trump violate our Acceptable Use Policy, which prohibits promotion or support of organizations, platforms or people that threaten or condone violence to further a cause,” a Shopify spokesperson wrote in a...

Shopify, the Canadian multinational e-commerce company that offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools just de-platformed the e-Commerce sites of Donald Trump. Try clicking on these links that used to work and see for yourself: https://shop.donaldjtrump.com/ https://trumpstore.com/ https://trumpvictory.com/

A billionaire stands to benefit financially from the sales of Democratic presidential candidate Sen. Elizabeth Warren’s new “Billionaire Tears” mug. The $25 mug, which Warren’s presidential campaign introduced Wednesday, is sold through Shopify, a Canadian e-commerce company whose founder and CEO, Tobias Lütke, is worth an estimated $2.8 billion. “Savor a warm, slightly salty beverage of your choice in this union-made mug as you contemplate all the good a wealth tax could do: universal healthcare, student debt cancellation, universal free college, and more,” the mug’s product page states. Warren’s presidential campaign began utilizing Shopify’s services shortly after the Massachusetts senator...

E-commerce giant Shopify has moved to ban certain firearms and parts on its platform, including some semi-automatic weapons and 3D-printed guns. The Canadian-based company revised its Acceptable Use Policy earlier this week to ban a variety of firearms and gun-related products. Semi-automatic firearms with magazines capable of holding more than 10 bullets, attachments such as bump stocks that can make guns fire more rapidly, firearms without serial numbers and 3D-printed guns are among some of the items that are now considered "restricted." “Solely deferring to the law, in this age of political gridlock, is too idealistic and functionally unworkable on...