August, 09 2022

⚖️ FBI Raids Mar-a-Lago

The FBI raided former President Donald Trump's home at Mar-a-Lago yesterday. President Trump was in New York City at the time of the raid, which seemed to be focused on seizing documents from his home.

Go deeper →

🍿 RIP Issey Miyake

The Japanese fashion designer renowned for his bold style, Issey Miyake, passed away at age 84 on Friday. His family released the news of his death to local media, and fans of the designer were quick to respond, remembering him for his mix of traditional and modern approaches to design.

🍿 Williams Announces Retirement

Serena Williams took to Vogue Magazine to announce her upcoming retirement from tennis. Williams was unclear exactly when she would retire, but she called it one of the hardest decisions she's ever had to make. She will presumably begin to phase out after the upcoming US Open.

⚖️ Taiwan Begins Drills

Taiwan has begun two days of military drills which simulate defending the island against an attack from China. Taiwan says the exercises were already scheduled and are not in response to Chinese drills that have been hammering Taiwan's airspace and surrounding waters with missiles.

⚡️ Blasts Near Crimea

Blasts have been heard near Crimea in Russia, and Ukraine has taken credit for the alleged strikes on the Russian-occupied airbase.

⚖️ CHIPS Bill Signed into Law

President Biden signed the CHIPS and Science Bill into law today to boost domestic production of semiconductor chips through a series of subsidies available to companies like Intel to build out their chip-manufacturing capabilities.

Go deeper →

💻 Google Goes After Apple

Google launched a new campaign in an attempt to publicly shame Apple into improving texting between Android and iOS users, and it is pretty petty.

Go deeper →

🍿 RIP Lamont Dozier

Lamont Dozier passed away today at the age of 81. Dozier was one-third of Motown's most powerful hit machine and wrote the hit \"You Can't Hurry Love\" by the Supremes.

💻 Ford's Newest Truck, at a Cost

Ford is finally taking new orders for its electric F-150 Lightning truck, but with the caveat of a $7,000 price hike.

Go deeper →

⚖️ Another Step Towards NATO

President Biden signed off on Sweden and Finland's applications to join NATO today after the Senate approved the nordic nations' application. The 30 other member nations of NATO must also ratify Finland and Sweden's applications.

🍿 Lynch Arrested in Vegas

Former NFL player Marshawn Lynch was arrested in Las Vegas this morning on suspicion of driving under the influence. Lynch was arrested for a DUI in 2014 but negotiated the charges down to reckless driving.

⚖️ No Further Indictment in Emmet Till Case

A Mississippi Grand Jury declined to indict Carolyn Bryant Donham on charges of kidnapping and manslaughter. Donham accused the young Emmet Till of inappropriate advances, which resulted in his brutal murder. In June, a team searching Mississippi court archives found the original warrant for Donham's arrest over her false accusations seventy years ago.

🍿 Cam Smith Will LIV It Up

No. 2 Golfer in the world, Cam Smith, has reportedly left the PGA tour to sign with the Saudi-backed tournament, LIV Golf. He was allegedly lured away with the promise of $100 million.

💻 Coinbase Reports Quarter 2 Earnings

Coinbase fell short of experts' quarter two expectations. The platform reported an almost 64% drop in revenue in Q2 at $808.3 million as the crypto winter continues to rage on. It also noted a declining number of users and assets stored on the platform.

⚖️ Scott Perry's Phone Seized

Representative Scott Perry told Fox News that the FBI seized his phone with a warrant today. The Republican Representative was with his family when the FBI approached him.

💻 Former Twitter Employee Convicted

A former Twitter employee was convicted today for failing to register as an agent of Saudi Arabia while employed by the social media platform. Ahmad Abouammo accessed user data from 6,000 accounts, some of which had been flagged by Saudi Arabian officials for their content criticizing the regime.

🍿 Judge Denies LIV Golfers

A Judge ruled to block three LIV golfers, Talor Gooch, Hudson Swafford, and Matt Jones, from playing in the upcoming PGA Tour playoffs in Memphis, Tennessee. The three sought a temporary restraining order which would have allowed them to bypass the PGA Tour's ban on any LIV golfers hoping to participate in the playoffs. They are part of a group of 11 LIV golfers involved in an antitrust lawsuit against the PGA.

Today’s trending stories distilled into one-minute bites

Delivered to your inbox, daily

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Catch up

Try something else

Technology

SEC Fines Oracle

September 27, 2022
Go deeper
 →
The context
The SEC has fined the software giant Oracle $23 million for bribing foreign officials.
Technology
Tuesday, September 27, 2022

SEC Fines Oracle

The SEC has fined the software giant Oracle $23 million for bribing foreign officials.
Go deeper
 →

Big trouble

  • The SEC charged Oracle for the second time with violating the Foreign Corrupt Practices Act between 2016 and 2019.
  • The charges allege that Oracle subsidiaries in Turkey, United Arab Emirates, and India used funds to bribe foreign officials.
Go deeper →

Pay up

  • Oracle will pay $23 million to settle the case, $15 million in a civil fine, and about $7.9 in disgorgement and interest.
  • Oracles subsidiaries used the slush funds bribes to win business abroad.
Go deeper →
The context
Cloudflare announced the launch of a $1.25 billion "Workers Launchpad" for startups who use the platform. The launchpad will connect the startups with venture firms who have offered to invest in Cloudflare users.
Technology
Tuesday, September 27, 2022

Cloudflare Sells the Ultimate Incentive

Cloudflare announced the launch of a $1.25 billion "Workers Launchpad" for startups who use the platform. The launchpad will connect the startups with venture firms who have offered to invest in Cloudflare users.
Go deeper
 →

Funding for starters

  • The Workers Launchpad Funding Program will provide up to 1.25 billion in financing to startups building on Cloudflare Workers. The computing platform has been used to launch more than 3 million applications since 2017.
  • One of the venture partners said that they have seen an increase in the number of startups building applications on Cloudflare Workers and are excited to support the company's growth.
Go deeper →

Connecting the dots

  • Cloudflare's platform is about five years old, and the promise of access to venture funding will hopefully attract more developers to the platform.
  • The partnering venture firms will invest $1.25 billion from their existing funds into the startups.
Go deeper →
Politics

Ken Paxton Runs Away

September 27, 2022
Go deeper
 →
The context
Texas Attorney General Ken Paxton went viral for fleeing his home to avoid being served a subpoena to appear in an abortion case.
Politics
Tuesday, September 27, 2022

Ken Paxton Runs Away

Texas Attorney General Ken Paxton went viral for fleeing his home to avoid being served a subpoena to appear in an abortion case.
Go deeper
 →

Under cover

  • Ernest Martin Herrera was attempting to serve Ken Paxton with a subpoena for a lawsuit filed by Texas nonprofits who want to provide Texans with funding to travel out of state to get abortions.
  • Paxton avoided the process server at all costs and eventually got into his wife's car and drove away from his house.
Go deeper →

Court filing

  • Paxton claimed he was protecting his family by fleeing the process server.
  • Paxton criticized the media as well for reporting without knowing the contents of the affidavit.
  • Federal Judge Robert Pittman eventually squashed the subpoena and granted Paxton a reprieve from testimony.
Go deeper →

Delivered to your inbox, daily

This site is powered by

Learn more about how this site was built
 →
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Follow us