August, 11 2022

🍿 James White Retires

Three-time Super Bowl winner and NFL superstar James White announced he is retiring today. The running back played all eight seasons of his career with the New England Patriots.

⚖️ Beto Bites Back

Beto O'Rourke, who is running for Governor of Texas against incumbent Greg Abbott, called out a heckler during a campaign stop who was laughing as O'Rourke spoke about the Uvalde Shooting.

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🍿 Ready for New Music from Megan Thee Stallion

Megan Thee Stallion released the track list for her newest album, Traumazine, which releases on August 12th. The album features collaborations with Jhene Aiko, Latto, Dua Lipa, and Future.

⚡️ Break-in in Cincinnati

A gunman tried to enter the FBI building in Cincinnati early this morning. He was confronted by agents and fled the scene. Police have shut down Interstate 71. He was later identified as Ricky Shiffer and was shot and killed by police officers after a standoff.

🍿 The Ezra Miller Dilemma

The increasingly erratic behavior of The Flash's star, Ezra Miller, is reportedly causing Warner Bros. to reconsider the film's fate.

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⚖️ Merrick Garland Takes the Mike

Attorney General Merrick Garland spoke for the first time today about the decision to raid Trump's residence at Mar-a-Lago. Garland said that he signed off on the search and has moved to unseal the search and seizure warrant and publicize the list of items taken in the raid.

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💻 Google Green-lights Campaign Emails

The Federal Election Commission will allow Gmail to spam-proof campaign emails from politicians.

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💻 Meta Waves Goodbye to Teens

A new study from the Pew Research Center shows that teens are abandoning Facebook and spending most of their time on Youtube, Tik Tok, and Instagram.

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💻 Cuban's Rocky Voyage on the SS Crypto

A group of investors in the crypto platform Voyager have sued Mark Cuban and the Dallas Mavericks. The investors alleged that Cuban and the Mavericks participated in a Ponzi scheme by promoting the coin. Voyager filed for bankruptcy, which caused 3.5 million investors to lose $5 million collectively.

⚡️ CDC Changes Quarantine Guidelines

The CDC has dropped the five-day quarantine requirement for people exposed to Covid-19. The new rules state that exposed individuals wear a mask around others and test after five days instead of isolating. Schools will also no longer need to test exposed individuals without symptoms.

💻 Rivian Reports Further Loses

Rivian reported a net loss of $1.71 billion and a revenue of $364 million during their Q2. The electric truck maker has taken recent measures to cut costs, including laying off staff and restructuring the company. Rivian is slowly showing signs of improvement as the number of trucks the company is manufacturing is starting to increase.

💻 Look Out for Proof-of-Stake

Ethereum will switch to a proof-of-stake model in mid-September after conducting its last test of the new protocol before rollout today. The new protocol is less energy-intensive than requiring proof of work to claim ownership of new coins.

⚖️ State Department Offers Reward

The State Department is offering $10 million as a reward for information about four Russian hackers who use the aliases, Target,” “Reshaev,” “Professor,” “Tramp,” and “Dandis. The hackers are associated with the Conti ransomware group.

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Technology

SEC Fines Oracle

September 27, 2022
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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.
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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.
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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.
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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.
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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.
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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.
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Politics

Ken Paxton Runs Away

September 27, 2022
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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.
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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.
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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.
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