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    Palace Beast News


    News
    Here’s a game plan: Biden replaces Harris with Newsom and then resigns
    https://thehill.com/opinion/white-house/3728474-heres-a-game-plan-biden-replaces-harris-with-newsom-and-then-resigns/
    What Tuesday’s voting demonstrated is that our country is still equally divided and deeply polarized, with no political healing on the horizon. That reality speaks to the need for a proven vote-getter with lots of money and a logistical machine behind him. In Politics 101, California Gov. Gavin Newsom (D) meets — maybe even exceeds — those qualifications. -Douglas MacKinnon, a political and communications consultant, was a writer in the White House for Presidents Ronald Reagan and George H.W. Bush, and former special assistant for policy and communications at the Pentagon during the last three years of the Bush administration.
    Submitted at 11-13-2022, 03:15 PM by dueserpenti
    Horseshit
    15 Comments
    FTX held less than $1bn in liquid assets against $9bn in liabilities
    https://www.ft.com/content/f05fe9f8-ca0a-48d5-8ef2-7a4d813af558
    Sam Bankman-Fried’s main international FTX exchange held just $900mn in easily sellable assets against $9bn of liabilities the day before it collapsed into bankruptcy, according to investment materials seen by the Financial Times. The largest portion of those liquid assets listed on a FTX international balance sheet dated Thursday was $470mn of Robinhood shares owned by a Bankman-Fried vehicle not listed in Friday’s bankruptcy filing, which included 134 corporate entities. The document, shared with prospective investors before the bankruptcy, provides a detailed picture of the financial hole in the FTX crypto empire and suggests customers of FTX international may face steep losses on cash and crypto assets they held on the exchange.
    Submitted at 11-13-2022, 03:37 AM by Forensic
    The Economy
    2 Comments
    Why the midterms may prove to be good for Republicans and bad for Democrats
    https://thehill.com/opinion/campaign/3729188-why-the-midterms-may-prove-to-be-good-for-republicans-and-bad-for-democrats/
    The general spin on the election results is that they were good for Democrats and bad for Republicans. And they were, at least in the short term. But they may ultimately prove to be good for Republicans, since former President Trump’s grip on the GOP has taken a beating, opening the door to younger and more electable 2024 Republican presidential candidates.
    Submitted at 11-13-2022, 03:25 AM by Forensic
    Horseshit
    4 Comments
    Lesser evil keeps the Senate
    https://www.politico.com/news/2022/11/12/senate-control-midterm-elections-results-2022-00066547
    Catherine Cortez Masto's win delivered a one-two punch for Democrats in Nevada and Arizona, a pair of battleground states that Republicans contested fiercely.
    Submitted at 11-13-2022, 03:08 AM by Disruptive Emotional-Support Pig
    Politics
    2 Comments
    New Chip Expands the Possibilities for AI
    https://www.quantamagazine.org/a-brain-inspired-chip-can-run-ai-with-far-less-energy-20221110/
    An energy-efficient chip called NeuRRAM fixes an old design flaw to run large-scale AI algorithms on smaller devices, reaching the same accuracy as wasteful digital computers.
    Submitted at 11-12-2022, 07:20 PM by Nibbles
    Science
    4 Comments
    Digital Rocks
    https://www.nplusonemag.com/issue-42/essays/digital-rocks/
    Eventually DCI scrubbed celluloid film almost entirely from the film industry, ushering in the most significant technological shift since the introduction of sound. The digital revolution transformed nearly every aspect of filmmaking for Hollywood and independent filmmakers. This revolution was invisible, and it was designed to be that way. Its success depended on audiences never noticing at all.
    Submitted at 11-12-2022, 06:49 PM by thirteen3seven
    Movies
    0 Comments
    Dronewatching in the Ukraine War. Part 1: An Incredible Aerial Spectacle
    https://faineg.substack.com/p/dronewatching-in-the-ukraine-war
    I watch drones for a living. It’s a pursuit that is, in some ways, rather similar to the work of an 1800s naturalist. As they did, drone watchers spend a lot of time observing little flying things at a distance. Like them, we also spend a lot of time bickering about taxonomy: the nature of things, the categories of things, where they fit into the broader ecological picture. And I think if people like me were talking to to those long-dead naturalists today, they’d agree that the nightmarish war that Russia’s vicious 2022 invasion started has created a thriving and remarkably bio-diverse ecosystem of little flying robots. A Cambrian explosion of drones and things that people can do with drones, if you will. Nor are these little flying robots static in their forms, in their behaviors. They are evolving at a terrifically fast rate, as Ukrainian drone pilots, hackers, and engineers- locked in existential conflict with a far-bigger power - throw every ounce of talent and ingenuity they have at making the drones they already have, and the tactics that they use them with, that much better. So too have the Russians been forced to furiously adapt their own methods of using small, cheap drones, and the drones themselves, to keep up with the pace that Ukraine has set. Since Russia first launched its idiot invasion of Ukraine in early February of 2022, I’ve been maintaining an online database of how small, consumer drones are being used in the war. By “small, consumer” drones, I mean cheap drones, civilian drones, the kind of drones made by DJI and other mostly-Chinese manufacturers that people can buy online and at camera stores for a few thousands bucks in almost every country in the world.
    Submitted at 11-12-2022, 02:52 AM by Forensic
    Off Topic
    1 Comment
    Crypto.com Preliminary Audit Shows 20% of Its Assets Are in Shiba Inu Coin
    https://www.coindesk.com/markets/2022/11/11/cryptocom-preliminary-audit-shows-that-20-of-its-assets-are-in-shiba-inu-coin/
    The swift collapse of the FTX crypto exchange has sparked an industry push among big rivals to publish proof of their reserves as a means to provide transparency into the assets on their platforms. With those efforts just getting underway, one firm, Crypto.com, has taken the proactive step of providing a preliminary set of disclosures – sharing wallet addresses with the blockchain analysis firm Nansen to create a dashboard of nearly $3 billion of reserves and other assets. What that shows is just how heavily the mix of assets is skewed toward a meme-y token called shiba inu (SHIB), a digital asset built atop the Ethereum blockchain that was largely inspired by the joke token dogecoin (DOGE). Like DOGE – a key staple of billionaire Elon Musk’s crypto schtick on Twitter – the SHIB token is a highly volatile cryptocurrency whose primary use case is often considered to be speculation itself; it’s traded for fast profits and yuks.
    Submitted at 11-11-2022, 11:23 PM by Forensic
    The Economy
    2 Comments
    Eli Lilly Dives On Twitter Chaos, Taking Novo, Sanofi With it
    https://www.investors.com/news/technology/lly-stock-dives-taking-novo-sanofi-with-it-after-fake-twitter-account-promises-free-insulin/
    Elon Musk's new pay-for-play verification system on Twitter shook pharmaceutical mainstay Eli Lilly (LLY) — leading LLY stock to skid Friday — after a fake account claimed "insulin is free now." The tweet went live around 1:30 p.m. on Thursday from an account claiming to be Eli Lilly. It remained online for several hours, gaining steam from hundreds of retweets and thousands of likes. As of Friday morning, the fake account is no longer verified and its tweets are now private. But that didn't stop LLY stock from falling 2.2% near 360.70 in morning trades on today's stock market. "We apologize to those who have been served a misleading message from a fake Lilly account," the company said from its official account.
    Submitted at 11-11-2022, 06:55 PM by Wreckard
    The Economy
    11 Comments
    Two Weeks of Chaos: Inside Elon Musk’s Takeover of Twitter
    https://nyti.ms/3O6Djb5
    SAN FRANCISCO — Elon Musk had a demand. On Oct. 28, hours after completing his $44 billion buyout of Twitter the night before, Mr. Musk gathered several human-resource executives in a “war room” in the company’s offices in San Francisco. Prepare for widespread layoffs, he told them, six people with knowledge of the discussion said. Twitter’s work force needed to be slashed immediately, he said, and those who were cut would not receive bonuses that were set to be paid on Nov. 1. The executives warned their new boss that his plan could violate employment laws and breach contracts with workers, leading to employee lawsuits, the people said. But Mr. Musk’s team said he was used to going to court and paying penalties, and was not worried about the risks. So Twitter’s human-resource, accounting and legal departments scrambled to figure out how to comply with his command. Two days later, Mr. Musk learned exactly how costly those potential fines and lawsuits could be, three people said. Delays were also piling up as managers haggled over which employees to let go. He decided to wait on cutting jobs until after Nov. 1.
    Submitted at 11-11-2022, 06:28 PM by Forensic
    The Economy
    3 Comments
    31 Kids Found Working Graveyard Shifts on Meat Plant ‘Kill Floors,’ Feds Say
    https://www.thedailybeast.com/kids-found-working-graveyard-shifts-on-meat-plant-kill-floors-for-packers-sanitation-services-feds-say?source=articles&via=rss
    One child worker, a 14-year-old middle school student, was injured while working from 11 p.m. to 5 a.m., five to six days, officials said.
    Submitted at 11-11-2022, 12:48 PM by droog
    Crime
    6 Comments
    Want young North Carolinians to vote? Show them that they matter.
    https://www.newsobserver.com/opinion/article268446577.html
    On Thursday, the NC Democratic Party tweeted that only 7% of 18- to 30-year-olds in North Carolina had voted early. There were no other data points to show how the under 30 turnout compared to all other age groups; presumably, based on its tweet, older generations are running circles around younger voters. The intent behind the tweet was to encourage young Democrats to vote before Tuesday’s election, but it isn’t just young people who will see it. For older generations, it reinforces the false equivalence that a low voter turnout is the fault of individuals, not a critical failure of our education systems and the political processes in North Carolina. I am empathetic to people my age who don’t vote, especially those who feel that their votes don’t matter. It’s the byproduct of gerrymandering in North Carolina, the byproduct of a dismal education system and the byproduct of a Democratic Party that doesn’t see the entire picture of North Carolina’s electorate and continuously focuses on white moderates.
    Submitted at 11-10-2022, 11:44 PM by sleeppoor
    Politics
    1 Comment
    California sues 3M, Dupont over toxic 'forever chemicals'
    https://www.reuters.com/business/environment/california-sues-3m-dupont-over-toxic-forever-chemicals-2022-11-10/
    California's attorney general on Thursday sued 3M Co , DuPont de Nemours Inc and several other companies to recoup the "staggering" clean-up costs from toxic pollutants known as "forever chemicals."
    Submitted at 11-10-2022, 07:54 PM by sleeppoor
    Crime
    0 Comments
    Two Twitter executives resign as Musk’s chaotic run continues
    https://www.nbcnews.com/tech/tech-news/two-twitter-executives-resign-musks-chaotic-run-continues-rcna56597
    Twitter’s chief information security officer and chief compliance officer resigned late Wednesday night as the company started implementing changes that would allow users to more easily impersonate major brands and government officials. The departures came just hours before the company’s new CEO, Elon Musk, sent his first email to Twitter employees, titled “difficult times ahead,” and implementing a mandatory return-to-work policy. Lea Kissner, the chief information security officer, confirmed they had left in a Twitter post Thursday morning. Chief Compliance Officer Marianne Fogarty has also left the company, according to a person familiar with the situation who asked to remain nameless because they were not authorized to speak publicly. “I don’t watch Game of Thrones. I certainly don’t want to play it at work,” Fogarty tweeted Monday.
    Submitted at 11-10-2022, 07:03 PM by Forensic
    Politics
    12 Comments
    Paul Morantz, Lawyer Who Campaigned Against Cults, Dies at 77
    https://www.nytimes.com/2022/11/09/us/paul-morantz-dead.html?action=click&module=Well&pgtype=Homepage§ion=Obituaries
    Paul Morantz, a lawyer and investigative journalist who in the 1970s was so successful at taking on cults, abusive psychotherapists and self-proclaimed gurus around California that one of his targets tried to assassinate him with a rattlesnake, died on Oct. 23 in Los Angeles. He was 77.
    Submitted at 11-10-2022, 06:59 PM by Qfwfq
    Off Topic
    0 Comments
    How rising groundwater caused by climate change could devastate coastal communities
    https://www.technologyreview.com/2021/12/13/1041309/climate-change-rising-groundwater-flooding/
    Higher sea levels will push the water table up with them, causing flooding, contamination, and all manner of unseen chaos.
    Submitted at 11-10-2022, 06:37 PM by sleeppoor
    Science
    6 Comments
    Does Twitter Have Any Employees Left Who Remember That The Company Is Under A Strict Consent Decree With The FTC?
    https://www.techdirt.com/2022/11/10/does-twitter-have-any-employees-left-who-remember-that-the-company-is-under-a-strict-consent-decree-with-the-ftc/
    Yesterday I tweeted out a question about whether or not there was anyone left at Twitter who remembered that the company was under a pretty strict FTC consent decree. Apparently the answer was yes, but they didn’t include Elon Musk. Late last night, a few hours after that tweet, the Chief Information Security Officer, the Chief Privacy Officer, and the Chief Compliance Officer all quit, apparently citing potential FTC violations as the reason.
    Submitted at 11-10-2022, 06:22 PM by Forensic
    Off Topic
    4 Comments
    Rikers Island correction officers arrested for sick leave abuse after long-running probe: sources
    https://www.nydailynews.com/new-york/nyc-crime/ny-correction-officers-arrested-sick-leave-abuse-20221110-gvjnklryxvhxxnzu3vvkauy6gy-story.html
    Three New York City correction officers were arrested early Thursday stemming from a long-running investigation into sick leave abuse, sources familiar with the probe told the Daily News.
    Submitted at 11-10-2022, 06:02 PM by sleeppoor
    Crime
    2 Comments
    The firm that bought my car for more than I paid new has lost 98 percent of its value
    https://www.theverge.com/2022/11/9/23447764/carvana-98-percent-stock-price-market-cap
    Carvana is in trouble. Humans are probably to blame.
    Submitted at 11-10-2022, 05:48 PM by sleeppoor
    The Economy
    0 Comments
    Who Will Remove My IUD?
    https://www.gawker.com/culture/who-will-remove-my-iud
    I want it out — so why won’t any doctors do it?
    Submitted at 11-10-2022, 04:44 PM by sleeppoor
    Health & Beauty
    5 Comments
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