Meta is accused of misleading investors about the steps it was taking to combat misinformation on platform
Meta (formerly Facebook) has been accused of misleading investors about the steps it was taking to combat misinformation on its platforms. The accusation came from a public organization titled Whistleblower Aid. According to The Washington Post, the relevant complaints have been sent to the U.S. Securities and Exchange Commission. Whistleblower Aid represents Frances Haugen, a former employee of Facebook, who last year became the author of a series of high-profile revelations, giving journalists data from internal research of the company. The organization accuses Meta...
Remington Arms to pay $73 million to families of victims of Sandy Hook School mass shooting
The bankrupt Remington arms manufacturing company will pay $ 73 million to the families of the victims of Sandy Hook Elementary School, CNN reports. On December 14, 2012, 20-year-old Adam Lanza shot and killed 26 people in Sandy Hook Elementary School in Newton, Connecticut. Lanza was armed with his mother's Bushmaster XM15-E2S rifle and had ten magazines with 30 rounds each. Remington, its four insurers and the families of the victims came to an amicable agreement seven years after the lawsuit was filed. Remington Arms previously offered to pay up $33 million to the...
An average family spends an additional $ 250 per month due to inflation analysis show
A new economic analysis has shown that the average family in the United States spends an additional $ 250 per month due to inflation. The inflation is growing at the fastest pace in the last 40 years, according to the reports. Now, buying a new car will cost 12% more. The increase in prices of clothing in general has become a record since 1991. Gasoline prices in December increased by almost 50% compared to the same month last year, and the cost of products increased by 6.5% compared to last year. "The average U.S. household is spending an additional $276 a month bec...
Department of Justice reports of the disclosure of the largest cryptocurrency theft in history
The US Department of Justice announced the disclosure of the largest cryptocurrency theft in history and the confiscation of bitcoins for a record amount of $ 3.6 billion, The Wall Street Journal reports. According to Deputy Attorney General Lisa Monaco, 34-year-old Ilya Lichtenstein and his 31-year-old wife, Heather Morgan, were arrested on Tuesday in New York. The couple is accused of laundering 119,754 bitcoins stolen as a result of a hacking of the Bitfinex cryptocurrency exchange. The key event in the investigation of this crime could be the collapse of the Alpha B...
Delta Airlines wants to ban flights for the passengers who violate orders on flights of passenger liners
Delta Airlines offers to ban the flights for the people who violated the orders on flights. The company has sent a letter to the US Department of Justice with a proposal to impose a ban on flights for persons who violated the order on flights of passenger liners. Meanwhile, Ed Bastian, CEO Delta Airlines, noted that the number of such incidents on Delta Airlines flights has almost doubled since 2019. "Zero tolerance will prevent incidents in the future and will serve as a powerful example of the consequences of disobeying the instructions of crew members on commercial...
Facebook loses users for the first time in the history of the platform
Facebook has lost daily users for the first time in its 18-year history. The number of the platform’s users have decreased by about half a million in the last three months of 2021, according to the reports. Facebook reported a drop of nearly 500,000 in daily logins during the last three months of 2021. “People have a lot of choices for how they want to spend their time, and apps like TikTok are growing very quickly,” Mark Zuckerberg said during a call Wednesday, according to the Washington Post. Finally some good news Facebook loses users for the first time EVER: Sh...
Reports show rents have increased by 40% in major US cities this year
In a number of major US cities over the past year, rents have increased by 40%, forcing millions of people to look for other housing, according to the Washington Post. It is expected that the increase in utility costs will accelerate inflation this year and will become the most acute domestic political problem for the Joe Biden administration. According to the real estate agency Redfin, in 2021, the average monthly rent for housing in the United States increased by 14%, to $ 1,877, and in cities such as Austin, New York and Miami - by 40%. the Federal Reserve Bank of Ne...
National Council on Foreign Trade urges President Biden and Congress to be cautious about sanctions against Russia
The National Council on Foreign Trade (NFTC) urged President Biden and Congress to be cautious about sanctions against Moscow amid the growing tension with Russian-Ukraine situation. NFTC includes Chevron, General Electric and other large American corporations that do business in Russia. "The Biden administration and Congress should clarify the details in case they have to follow the threat of sanctions," NFTC chief Jake Colvin told Reuters in an interview. A US congressional source told the agency that energy companies have contacted US lawmakers directly to ensure t...
Plane slides off runway at North Carolina Airport and no injuries reported
A Delta Flight airplane briefly left the runaway at the North Carolina airport due to the weather conditions Friday, officials said. No injuries among the 13 passengers on board on Delta Flight 5501 from Washington D.C. were reported. The plane reportedly “landed safely and rolled into the mud while taxiing,” the airport said. According to the company’s statement, the plane’s nose gear exited the taxiway after landing at Raleigh-Durham International Airport in North Carolina. The place was safely towed away. “We apologize to our customers for the inconvenience,” the st...