November, 15 2022

⚡️ Breaking 8 Billion

The world's population surpassed 8 billion today, according to projections from the United Nations.

⚖️ Kari Lake Defeated in AZ

Democrat Katie Hobbs beat Trump-endorsed GOP favorite Kari Lake in the race for Arizona Governor.

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🍿 Swift Crash on Ticketmaster

The sale for Taylor Swift's upcoming tour crashed the ticket sale platform Ticketmaster.

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💻 Twitter Names Acting DPO

After the chief information security officer at Twitter, and a few other key security executives, resigned, Twitter named Renato Monteiro as its acting Data Protection Officer.

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🍿 Grammy Nominees Announced

The Grammy nominees were announced today. Beyoncé leads the pack with nine nominations. Kendrick Lamar, Brandy Carlile, and Adele are following close behind.

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⚖️ Russian Missiles Land in Poland

An explosion killed two people on the Polish border with Ukraine. The explosion was reportedly caused by two Russian Missiles landing on Poland's side of the border.

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⚖️ Rick Scott Challenges McConnell

Senator Rick Scott announced he intends to challenge Mitch McConnell for the position of the Senate GOP leader. Scott is the chairman of Senate Republicans' campaign arm, and his \"Rescue America\" plan, which contained the agenda for the GOP if they took the House and Senate, did not go down well with voters.

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⚖️ House Leadership Elections

The GOP completed House leadership elections today. They elected Representative Tom Emmer to be the House Majority whip. Representative Kevin McCarthy won the Speakership and elected Representative Steve Scalise as the majority leader.

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⚖️ Judge Strikes Down Title 42

Washington D.C. Judge Emmet Sullivan struck down the Trump-era health authority policy known as Title 42, which the Biden administration has been using to manage the number of immigrants looking to enter the U.S. from Mexico.

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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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