October, 25 2022

🍿 Adidas Cuts Ties With Kanye West

After a social media campaign pressured the silent apparel giant, Adidas, to cut ties with the rapper Kanye West for his antisemitic comments, Adidas announced today that it is ending its billion-dollar partnership with the rapper.

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🍿 Griner's Appeal Rejected

A Russian court rejected an appeal by WNBA star Brittney Griner, who was sentenced to nine years in prison for drug possession after she was found with a tiny amount of marijuana in the form of a vape while trying to leave Russia after playing in an offseason team in the county.

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⚖️ Ash Carter Passes Away

The former defense secretary, Ash Carter, who served under Obama, opened military combat jobs to women and ended the ban on transgender people serving in the military, died on Monday at 68.

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⚖️ Protestors at Penn State Prevent Proud Boys Event

Protests broke out at Penn State last night after the college tried to host an event with the founder of the far-right extremist organization Proud Boys, Gavin McInnes. Penn State eventually canceled the event after students expressed frustration with the college.

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🍿 New Home for Doctor Who

Doctor Who is moving from BBC America and will now stream on Disney+ in the states. Ncuti Gatwa will also be the next time-traveling, world-saving Doctor.

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💻 iMessage is Down

iMessage crashed today, sending Apple users to Twitter to crack jokes. WhatsApp also crashed late last night, so it was a tough day for messaging.

⚡️ Earthquake in the Bay Area

A 5.1 magnitude earthquake hit the San Francisco Bay Area today at about 12 pm PST. The epicenter was in San Jose.

⚖️ Hope Hicks Will Testify

Former top Trump aide Hope Hicks agreed to meet with the January 6th committee to provide testimony.

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⚖️ Jayapal's Misstep

Congressional Progressive Caucus chairwoman, Pramila Jayapal, released a letter signed by 30 congressional Democrats urging President Biden to rethink his Ukraine strategy. Democrats reacted strongly, quickly condemning the letter, and Jayapal redacted it shortly after its release.

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💻 Another Fine for Google

Google has been fined $113 million in India for anti-competitive practices in the Play Store policies.

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💻 Twitter Deal Nears a Close

On a call with debt bankers, Elon Musk told the crowd that he expects to close the deal to buy Twitter on Friday.

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💻 Paxlovid Passengers

DoorDash and Uber announced that they are partnering with Walgreens to deliver Paxlovid for free to vulnerable neighborhoods.

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🍿 DC Shakeup

James Gunn and Peter Safran will lead the film, TV, and Animation division of DC Studios, which Warner Bros Discovery owns.

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The context
Senator Lindsey Graham testifies before a Fulton County, Georgia, grand jury about his involvement in former president Donald Trump's efforts to overturn the results of the 2020 presidential election.
Politics
Tuesday, November 22, 2022

Graham Finally Testifies in Georgia

Senator Lindsey Graham testifies before a Fulton County, Georgia, grand jury about his involvement in former president Donald Trump's efforts to overturn the results of the 2020 presidential election.
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Graham testifies

  • Senator Lindsey Graham testified before a Fulton County, Georgia, grand jury investigating attempts to interfere with the results of the 2020 presidential election today.
  • Graham spent months trying to avoid the subpoena from the grand jury before finally testifying today after the Supreme Court rejected an emergency filing from Graham.
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After all

  • Graham was one of Donald Trump's closest allies in Congress.
  • The subpoena issued by the grand jury asked for his testimony about attempts to interfere with Georgia's election results and a scheme to "find" additional votes for Trump.
  • The grand jury questioned Graham about calls he made to Georgia's secretary of state, Brad Raffensperger.
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The context
The FTC is seeking to block Meta from acquiring the virtual reality fitness platform, Within. The FTC claims that Meta killed in-house plans to develop a VR fitness app in favor of buying Within.
Technology
Tuesday, November 22, 2022

FTC Tells Meta to Look Within

The FTC is seeking to block Meta from acquiring the virtual reality fitness platform, Within. The FTC claims that Meta killed in-house plans to develop a VR fitness app in favor of buying Within.
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No competition here

  • The FTC says that Meta killed plans to design and build its own virutal reality fitness app, instead deciding to poach talent from Within and eventually make an offer to buy the already established virtual reality fitness app maker.
  • The FTC is arguing that the acquistion violates federal antitrust laws because it will decrease competition within the virtual reality fitness market.
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States agree

  • Twenty-three states support the FTC motion to stop Meta from acquiring virtual reality content maker Within.
  • The case argues that the deal would harm industry competition and consumers.
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The context
A Texas regulator has opened a probe into Tom Brady, Steph Curry, and other athletes who promoted the now-bankrupt cryptocurrency exchange, FTX.
Entertainment
Tuesday, November 22, 2022

Texas Regulator Tackles Celebs Who Endorsed FTX

A Texas regulator has opened a probe into Tom Brady, Steph Curry, and other athletes who promoted the now-bankrupt cryptocurrency exchange, FTX.
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Probe opens

  • While little federal regulation exists about the status of cryptocurrencies, state securities laws could be an avenue to reprimand celebrities for hawking crypto.
  • Celebrities heavily promoted FTX, and its downfall could be the biggest lesson yet about the legal risks of endorsing cryptocurrency coins or companies.
  • The SEC has pursued legal action against other celebrities for similar endorsements, including fining Kim Kardashian $1.26 million for promoting a crypto token on her Instagram.
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Celebs on notice

  • The Texas State Securities Board began investigating FTX last month to determine whether state residents were dealing in unregistered securities by buying and selling yield-bearing cryptocurrency coins or tokens.
  • When the company filed for bankruptcy on November 11th, the board expanded its probe to investigate celebrities like Tom Brady and Steph Curry, who promoted the exchange to uninformed and vulnerable fans.
  • The probe will look at what FTX told the promoters to say about the exchange, what they were paid, and what they told fans
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