October, 26 2022

⚡️ 40 Days of Protests

Today marked forty days since the death of Masha Amini, an Iranian woman killed by the morality police while in custody for breaking Iran's strict rules for women's dress. Thousands of mourners and protestors marched to her grave today, defying the government's violent crackdown on protests that have followed the 22-year-old's death.

⚖️ Alito's a Target

Supreme Court Justice Samuel said today that the leak of the court's decision to overturn Roe v. Wade, ending decades of the constitutionally protected right to abortion, has made the justices \"targets\" and impacted the legitimacy of the court.

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💻 Apple Switches Over

Apple begrudgingly confirmed that the iPhone will now switch over to USB-C chargers.

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⚖️ Brooks Case Finally Closes

Darrell Brooks has been found guilty by a Wisconsin court of 76 charges for killing six people after driving his SUV into a Christmas parade in 2021. Brooks represented himself, and the trial was filled with his erratic and disrespectful behavior.

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⚖️ Mark Meadows Ruling

A South Carolina judge has ordered mark Meadows to testify before the Georgia grand jury investigating Trump's administration's efforts to overturn the results of the 2020 presidential election in the state.

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🍿 More Sausage Party

The tv series sequel to the hit movie \"Sausage Party\" from the wacky brain of Seth Rogen is in development with Amazon Prime. The food-turned-animated objects will star original cast members Seth Rogen, Kristen Wiig, Michael Cera, David Krumholtz, and Edward Norton.

💻 TJ Maxx is Out on Ye

TJ Maxx announced that they would no longer sell Yeezy branded merchandise after several other companies, including Balenciaga, Gap, and Adidas, have severed ties with the rapper for antisemitic comments and increasingly erratic behavior.

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💻 Musk Lands at HQ

Elon Musk tweeted today that he had landed at the Twitter HQ ahead of the finalization of his deal to buy Twitter. He also changed his bio on the platform to \"Chief Twitt.\"

💻 Argo AI Folds

The driverless car startup backed by VW and Ford, Argo.ai, announced it is shutting down.

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💻 Meta Shares Plunge

Meta shares dropped 19% today after it released its Q3 earnings results and a weak forecast for Q4. Mark Zuckerberg also reiterated to investors that Reality Labs, which develops the Metaverse, would lose even more money in coming quarters. Reality Labs has lost $9.4 billion so far this year.

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🍿 Rihanna's New Music

The billionaire entrepreneur and singer Rihanna finally announced she is releasing a new song after a six-year hiatus that will be featured in the upcoming Black Panther movie's soundtrack. The song title is \"Lift Me Up.\"

💻 Gun Sellers Avoid Meta Ad Blocks

While Facebook ad rules supposedly ban ads promoting weapons, the Tech Transparency Project found that some gun sellers are managing to run ads on the platform anyways.

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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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