Congressional Memo Challenges SEC's SAB 121

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Congress members question the enforceability of the Securities and Exchange Commission's Staff Accounting Bulletin 121, arguing it deviates from standard accounting practices, misrepresents custodians' responsibilities, and increases consumer risk. (Read More)


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A detailed image reveals an unusual plasma jet structure, suggesting the presence of two merging supermassive black holes at the galaxy’s core. For more than a century and a half, the distant galaxy OJ 287, located five billion light years from Earth, has intrigued scientists with its unusual changes in brightness. Astronomers have long suspected [...] http://dlvr.it/TNNzff
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The Morning After: Meta gives up on fact checking for Facebook and Instagram

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Meta CEO Mark Zuckerberg announced yesterday that the company is swinging away from its efforts to corral its content. Meta is suspending its fact-checking program to move to an X-style Community Notes model on Facebook, Instagram and Threads. We go into detail on the changes Meta promised, but is the company attempting to court the new Trump presidency? Well, alongside donating to Donald Trump’s inauguration fund, replacing policy chief Nick Clegg with a former George W. Bush aide and even adding Trump’s buddy (and UFC CEO) Dana White to its board… yeah. Probably. Meta blocked Trump from using his accounts on its platforms for years after he stoked the flames of the attempted coup of January 6, 2021. At the time, Zuckerberg said, “His decision to use his platform to condone rather than condemn the actions of his supporters at the Capitol building has rightly disturbed people in the US and around the world.” But who cares about that when you could get some sweet favor with the...
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