Should tech giants be regulated?  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Dose Of News Useful Today
Friday, October 25th

Raise the Roof

Happy Friday. Have you ever injured yourself in an unconventional way? It can happen to anyone, even professional athletes - just ask 7-foot-5 Boston Celtics center Tacko Fall, who entered concussion protocol Wednesday after he hit his head on a low ceiling.

Daily Sprinkle

“A clear conscience is a sure sign of a bad memory.”

- Mark Twain

The Tech Giants

 

Facebook CEO Mark Zuckerberg testified in front of the House Financial Services Committee on Wednesday regarding Libra, the company’s planned cryptocurrency. Zuckerberg faced criticism from both Republicans and Democrats over privacy lapses, political misinformation, and the company’s failure to stop child exploitation on their platforms.

 

Meanwhile...
Facebook is under investigation from the Federal Trade Commission and 47 attorneys general from states and U.S. territories over allegations of anti-competitive and innovation-stifling practices. The FTC is also conducting an investigation into Amazon, while the Department of Justice – which shares the responsibility of enforcing federal antitrust laws with the FTC – is overseeing the probe into Apple and Google.

 

Break them up?
In response to these accusations of monopolistic behavior, several of the 2020 Democratic presidential candidates support the idea of breaking up the tech giants. While Elizabeth Warren has the most specific plan for how to do that, Bernie Sanders largely agrees with her. In the last debate, Tom Steyer said he backed the plan, Joe Biden said he was open to it, and Andrew Yang argued that tech monopolies are a problem but the current government framework is too out of date to tackle today’s issues.

 

So… what are people saying?

We can't trust Facebook on elections, privacy or risks of a new Libra cryptocurrency

LEFT CENTER → USA Today (Opinion)

Mark Zuckerberg Gets Medieval

RIGHT CENTER → The American Conservative (Opinion)

Mark Zuckerberg Doesn’t Know What the First Amendment Is For

LEFT → The New Yorker (Opinion)

The Antitrust Threat to National Security

RIGHT → Wall Street Journal (Opinion)

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CA wildfires

A wildfire that started Wednesday night in California wine country spread to more than 15 square miles yesterday amid planned power outages, high winds, and low humidity across the state. More than 40,000 people in the area have been ordered to evacuate their homes.

LEFT CENTER → LA Times

RIGHT CENTER → Washington Times

Former Spanish leader exhumed

Forty-four years after his death, Spain began exhuming the body of dictator Francisco Franco yesterday from the Valley of the Fallen, a monument outside of Madrid. The monument has been criticized for paying undue homage to a fascist regime.

LEFT CENTER → Washington Post

RIGHT CENTER → Boston Herald

Chicago teachers’ strike

The Chicago Teachers Union’s 25,000 members and thousands of support staff have been striking for more than a week, demanding smaller class sizes, more counselors, higher wages, and citywide affordable housing. Chicago has the third-largest school district in the country and this marks the first teacher strike since 2012.

LEFT CENTER → New York Times

RIGHT CENTER → Chicago Tribune

 

Report cards (cont.)

Intel, PayPal, Amazon, and Twitter all released their Q3 earnings reports on Thursday. Intel and PayPal reported earnings that exceeded analysts’ expectations and enjoyed a rise in share price as a result, while Amazon reported a 26% decline in profit from this time a year ago (shares dropped ~10%), and Twitter shares dropped over 20% in response to a disappointing earnings report.

Public Domain

Virgin Galactic will become the first human spaceflight company to trade on public markets following a shareholder-approved merger. The merger is with one of Chamath Palihapitiya’s ventures and values Virgin Galactic at $1.5 billion ahead of the company’s Monday NYSE debut.

CNBC →

All's Fair

Fair, a flexible car-ownership startup valued at $1.2 billion, announced it will be laying off 40% of its staff and replacing its CFO. The SoftBank-backed company said the move is a proactive attempt to make the company more profitable following the publicized struggles of high-valuation, low-profitability companies such as Uber and WeWork.

TechCrunch →

Total Recall

Subaru is recalling over 400k vehicles to fix problems with engine computers and debris that can fall into motors. The recall covers Imprezas from 2017-2019, as well as 2018 and 2019 Crosstreks, and is scheduled to begin Dec. 13.

Associated Press →
 

It runs in the family

Aiden Jaquez is only 11 years old, but he’s already spent years doing what many people dread – running. And not just around playgrounds and sports fields or away from older siblings, but long distances. Thirteen-point-one miles, to be exact.

 

Last weekend, Aiden broke the world record for the youngest person to run half marathons in every single state. At 6 years old, he was inspired by his grandmother, who’s been a long-distance runner his whole life. He saw her accomplishments – and the medals she got for completing them – and decided that he wanted to do it, too.

 

So they started running together. And for the last four-and-a-half years, they’ve been traveling around the country completing races, collecting medals, and pounding the pavement in many different terrains. While he’s excited about his record, Aiden said mostly he just enjoys running. It gets out his energy, he said, and better yet, he gets to hang out with his grandmother. What could be better?

CBS News →

Come Together

While natural disasters can devastate cities and towns in a matter of minutes, it’s often in the aftermath of those unexpected and uncontrollable catastrophes where the warmest sides of humanity are on display. And after a tornado whipped through Dallas last weekend, the community stepped up in a big way.

 

The day after the storm, local food chains handed out sandwiches to people on the streets doing cleanup work; movie theaters invited folks who were suddenly without homes to come in for free PG-rated films; and storage facilities opened empty units for free to people who suddenly needed a place to store their belongings while they rebuilt their homes.

 

There were even some acts that saved lives. One business made the decision to close early and send all their employees home just hours before being completely leveled by the storm. And when one Dallas resident heard a whining at his door, he welcomed a lost, terrified pup inside and connected with the dog’s owner to get the poor thing back home after the storm. So despite the difficulties that these communities are facing as they begin the process of rebuilding, one thing’s for sure – they’ve got each other’s backs.

Inspire More →
 
  • On the write track… researchers have successfully tested a system that uses electrode implants and AI training to detect and decipher a paralyzed person’s handwriting from their brain signals.

  • In a galaxy far, far away… using a slew of high-powered Chilean telescopes, astronomers have identified a never-before-seen ancient star-producing galaxy 12.5 billion lightyears from Earth.

  • Our prices will shock you… the first fully electric black cab has launched in London, marking the first time its streets have seen an electric taxi since 1899 (yes you read that correctly).

  • The full picture… photographer Steve Fines used his quick thinking - and his thermal camera-equipped drone - to find a missing 6-year-old boy in the middle of a subfreezing Minnesota night.

 
 

Listen to the Music

via Business Insider

 

What is the best-selling album of all time?

 

A) Thriller - Michael Jackson
B) Their Greatest Hits (1971 - 1975) - The Eagles
C) Led Zeppelin IV - Led Zeppelin
D) The Wall - Pink Floyd

(keep scrolling for the answer)

 

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Dose of Knowledge Answer

B) Their Greatest Hits (1971 - 1975) - The Eagles

 

The Eagles actually hold two of the top three spots: “Their Greatest Hits” comes in #1 with 36 million copies sold and “Hotel California” comes in third with 26 million sold, while “Thriller” is sandwiched in-between the two with 33 million copies sold.

thedonut.co

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