December, 22 2022

💻 FTX Co-Conspirators Plead Guilty

FTX co-founder Gary Wang and Alameda Research's CEO Caroline Ellison have pleaded guilty to federal fraud charges, turning on the former CEO of FTX Sam Bankman-Fried. The pair are cooperating with the federal investigation into Bankman-Fried's wildly mismanaged crypto exchange FTX and crypto hedge fund, Alameda Research.

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🍿 Beware Movie Trailer Makers

Two fans who sued Universal after buying the film \"Yesterday\" because Ana de Armas was featured prominently in the trailer and found that the actress was cut from the film won their lawsuit. The judge ruled that studios can be sued for false advertising if they mislead viewers with movie trailers.

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💻 New Twitter Search Feature

Twitter added a new feature to search results. Now, stock and cryptocurrency prices are displayed directly in search results.

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⚡️ Update on Covid-19 in China

New reporting reveals that China could be experiencing a new wave of Covid-19 infections. China is reportedly experiencing 1 million Covid infections and 5,000 virus deaths daily, as the country rolls back some restrictions after protests erupted across the country.

🍿 YouTube Wins Big With NFL

YouTube secured a landmark streaming deal with the NFL, sending \"Sunday Ticket\" to the platform starting next season.

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⚖️ Senate Nears Deal on $1.7 Trillion Package

The Senate has reached a deal to pass the $1.7 trillion spending bill, which includes funding for federal agencies through September and new aid for Ukraine. The Senate is working to pass the bill to avoid a government shutdown before the Christmas holiday.

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⚖️ Senate Passes Omnibus Bill

The Senate voted today to pass a $1.7 trillion spending bill, averting a government shutdown before the Christmas holiday. The bill includes spending for emergency disaster assistance and military aid for Ukraine and includes changes to the Electoral Count Act to protect the presidential election process.

💻 FCC Proposes Robocaller Fine

The FCC has proposed a $300 million fine for a scheme led by Roy Cox Jr. and Michael Aaron Jones, who made billions of calls about auto warranties. The fine is the largest robocaller fine in history.

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The context
The producers of the film "Rust" named Bianca Cline as its cinematographer. The documentary will cover the death of the film's cinematographer Halyna Hutchins during production when a prop gun held by lead actor and producer Alec Baldwin misfired with a live round.
Entertainment
Tuesday, February 14, 2023

Rust Documentary Is Moving Full Speed Ahead

The producers of the film "Rust" named Bianca Cline as its cinematographer. The documentary will cover the death of the film's cinematographer Halyna Hutchins during production when a prop gun held by lead actor and producer Alec Baldwin misfired with a live round.
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Green light for Rust documentary

  • The producers of the film “Rust” announced that they had found a cinematographer to continue the production of the film after it was halted when the former cinematographer Halyna Hutchins was shot and killed in an on-set accident.
  • The producers announced in October that the film would be completed in Hutchins’ honor and that a documentary would be made about the completion of the film.
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The context
Meta is reportedly planning a new round of layoffs that are expected to happen sometime in March.
Technology
Tuesday, February 14, 2023

Meta May Be Planning Further Layoffs

Meta is reportedly planning a new round of layoffs that are expected to happen sometime in March.
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Here we go again

  • Meta is preparing for a new round of job cuts that are expected to take place in March and will affect an unknown number of people.
  • In November, Meta laid off about 13% of its workforce.
  • Meta is one of the few tech companies to expand on earlier layoffs from 2022, and CEO Mark Zuckerberg promised that 2023 will be a year of "efficiency."
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The context
January inflation was higher than expected, sparking fears that the Federal Reserve may enact further interest rate hikes.
January inflation was higher than expected, sparking fears that the Federal Reserve may enact further interest rate hikes.
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Higher than expected

  • Consumer prices rose 0.5% in January, according to the Labor Department’s consumer price index, which was higher than experts expected.
  • The Federal Reserve may issue a more aggressive hike in the coming months to slow inflation.
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