"The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’ becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine," -- Paul Krugman
FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its now-defunct trading affiliate, have tapped defense attorneys as U.S. authorities probe the crypto exchange's collapse, according to a spokesperson for Bankman-Fried and a source familiar with Ellison's selection.
Bankman-Fried has retained Mark S. Cohen, of Cohen & Gresser, Bankman-Fried's spokesperson Mark Botnick said in an emailed statement. Cohen could not be reached for comment.
Ellison, who ran trading firm Alameda Research, has hired Washington-based law firm Wilmer Cutler Pickering Hale and Dorr to represent her, a source familiar with the matter told Reuters. Neither Ellison nor spokespeople for the firm responded to requests for comment.
Regulators around the globe, including in the Bahamas where FTX is based and in the United States, are investigating the role of FTX's top executives including Bankman-Fried in the firm's stunning collapse, Reuters has previously reported. The crypto exchange filed for bankruptcy last month after a liquidity crisis that saw at least $1 billion of customer funds vanish.
The popular American Girl doll brand is facing backlash for pushing kids into changing their gender in a recent book marketed to young girls.
The recently released book, titled A Smart Girl's Guide: Body Image, contains lines that give advice to prepubescents on how to change their gender - seemingly without their guardians' blessing.
Parents have since based the book's contents as 'deceptive and dangerous,' citing the messages it looks to sending to its impressionable demographic.
The 96-page handbook - billed as a 'guide' - is marketed to girls aged 3 to 12, and instructs them on how to make permanent changes to their bodies, and to embrace that they may be unhappy in the bodies they were born with.
Police have today raided an alleged far-right German terror group led by a man claiming descent from an ancient royal line accused of plotting to overthrow the government and install him as monarch.
Prince Heinrich XIII, 71 and thought to belong to the House of Reuss, was named among 25 people arrested after police raided 130 locations including a palace in the state of Thuringia - the ancestral seat of the family.
Prince Heinrich XIV Reuss of Greiz, current head of the House of Reuss-Greiz, denounced his relative after the raids - branding him a 'confused old man' who left the family 14 years ago and has not been in contact since.
San Francisco supervisors voted Tuesday to put the brakes on a controversial policy that would have let police use robots for deadly force.
It's a stunning U-Turn just days after their approval of the plan generated fierce pushback and warnings about the militarization and automation of policing.
The Board of Supervisors voted unanimously to explicitly ban the use of robots in such a fashion for now. But they sent the issue back to a committee for further discussion and could vote in the future to let police use robots in a lethal manner in limited cases.
Anyone who ever thought that the compassionate response to extreme human suffering is a society that helps people find permanent release from their pain may want to look at some of the horror stories coming out of Canada recently.
To be clear, euthanasia laws in the US are nothing like those of its neighbor to the north. But American acceptance of the practice has been growing for decades despite warnings that legalized suicide is a slippery slope toward a calamitous debasement of human life.
Canada, a country that prides itself on its open-mindedness and tolerance, has the most permissive rules on euthanasia in the world – and the results have been frankly terrifying.
California made news last week when Governor Gavin Newsom’s reparations committee called for giving descendants of slaves (meaning all black people in their view) $223,000 each due to “housing discrimination.” Now some Democrats in New York want to follow California’s example.
Amid a last-ditch effort by media lobbyists to insert the Journalism Competition and Preservation Act (JCPA), a bailout for the mainstream media derided across the partisan spectrum, into the National Defense Authorization Act (NDAA), ten Republican senators are heroically stalling the push.
GOP senate leader Mitch McConnell is the primary antagonist, using two routes to help the Democrats ram through the bailout for their cronies in the media, something even their own supporters on the left oppose.
One route is to attach the bill to the NDAA, a vital defense spending bill seen as a “must-pass,” which is rapidly evolving into a Christmas tree with all sorts of Democrat hobby horses, wholly unrelated to defense, attached to it.
McConnell and the Democrats are also attempting a process known as a “hotwire,” which would pass the JCPA without any debate if no Senator objects to it.
But they have a problem — the number of Senators opposing it has only grown since the push began, with sources on the hill telling Breitbart News that the number of opposing Senators is now up to ten.
Twitter CEO Elon Musk made headlines recently when he revealed that he won’t “ever again” sign autographs in public because of threats to his life. During a live session on the social media website, Musk was discussing the “Twitter Files” and made a concerning admission that he was concerned about his safety.
“Frankly the risk of something bad happening or literally even being shot is quite significant. I’m definitely not going to be doing any open-air car parades, let me put it that way,” Musk said. “It’s not that hard to kill me if somebody wanted to, so hopefully they don’t.”
Over the weekend, Musk told reporters outside Dulles International Airport near Washington, D.C., that he also would never sign autographs again as a way to protect himself from any potential threats.
“I’ve made it clear,” Musk told the group. “I’m not doing any more — any more signings, ever again.”
Webmaster addition: One way the deep state can get Twitter back under control is to "remove" Elon Musk, then buy Twitter from his estate!
On Tuesday, Twitter CEO Elon Musk announced that attorney Jim Baker had been "exited" from the company following recent revelations that he may have played a role in facilitating censorship on the platform.
Baker had been hired by Twitter as deputy general counsel following a stint at the FBI that ended with him essentially being forced out of the job.
"In light of concerns about Baker's possible role in suppression of information important to the public dialogue, he was exited from Twitter today," Musk wrote on Twitter.
Musk said that Baker's explanation was "unconvincing" once he was confronted.
The Twitter files included revelations that "Twitter took extraordinary steps to suppress the [Hunter Biden laptop] story, removing links and posting warnings that it may be 'unsafe.' They even blocked its transmission via direct message, a tool hitherto reserved for extreme cases, e.g. child pornography.
The Biden administration has reportedly launched a federal investigation into one of Elon Musk’s companies over allegations that the company may have violated animal-welfare laws.
The investigation into Neuralink, where Musk serves as CEO, was launched by the U.S. Department of Agriculture’s Inspector General at the request of a federal prosecutor, Reuters reported.
The neurotechnology company is developing “ultra high bandwidth brain-machine interfaces to connect humans and computers,” according to its website.
The report said that the investigation centers around potential violations of the Animal Welfare Act, which “regulates the treatment of animals in research, teaching, testing, exhibition, transport, and by dealers,” according to the agency.
Webmaster addition: You know, like when Fauci fed live puppies to fleas!
White House Chief of Staff Ron Klain said President Joe Biden will likely announce his decision on re-election after the holidays. Klain made the comment on Monday during an interview at the Wall Street Journal’s’ CEO Council Summit.
He reiterated Biden’s past comments in which the president said he will make a formal decision early next year. Biden reportedly discussed a possible 2024 run with his family over Thanksgiving. He will continue the talks during Christmas and New Year’s.
“I hear from a lot of Democrats across the country that they want him to run. But the president will make that decision,” Mr. Klain said. “I expect it shortly after the holidays, but I expect the decision will be to do it.”