Woman's post asking if she is wrong for serving her Asian mother-in-law a mac and cheese dinner goes viral
A Reddit user says her Asian mother-in-law and husband were “appalled” that she had served them mac and cheese for dinner, after she had given birth four weeks prior. In a viral post titled “AITA for serving my husband's family Mac N Cheese for dinner?” Reddit user u/Dinner101____ recounts the recent clash she had with her husband’s family over her choice of dinner. Her husband’s family had been pressuring her about meeting the baby for a month and suddenly showed up to her home without notice one day.
news.yahoo.comFlorida Cops Called for Anti-Masker Couple’s Racist Airline Meltdown
TikTok via RedditA Trump-supporting, anti-masker couple captured in a viral video spewing racist and homophobic abuse on a JetBlue flight on Sunday were kicked off the tarmac in Florida but were not charged, according to officials.The Palm Beach County Sheriff’s Office sent The Daily Beast an incident report Tuesday that said Madelein Kelly and her unidentified partner, both from New Jersey, were escorted off the JetBlue flight and out of the West Palm Beach Airport on Sunday afternoon. (Kelly,
news.yahoo.comJapanese news anchor breaks down on air while reporting on Putin's hailing of Bucha massacre soldiers
A Japanese news anchor broke down on air while reporting on Russian President Vladimir Putin honoring the soldiers who oversaw the Bucha massacre. The TV anchor, identified as Yumiko Matsuo, is seen fighting back tears while pausing momentarily in a viral clip posted to Reddit on Wednesday. “She had just shown clips of children hiding in the bunker of the Mariupol steel mill and was overcome with emotion,” Reddit user /u/thefathermucker captioned the post.
news.yahoo.comAsian Reddit user shares video compilation of racists reacting to being asked not to block a driveway
A Reddit user uploaded a video compilation to the Reddit community r/nyc last Thursday that shows multiple instances of people making anti-Asian comments in New York City. Redditor u/thoushallnot22 also posted the compilation on their YouTube channel with the title "When Racist People Encounter Asians: A Compilation." The uploader explained in their Reddit thread that the video shows people’s reactions towards the user when they ask them not to block their driveway.
news.yahoo.com'Everyone is afraid': Fear of the unknown on the Ukraine front line
The Ukrainian town of Krasnogorivka sits in government-controlled territory close to the impoverished outskirts of the Russian-backed separatist stronghold of Donetsk. Citizens there know the pains of war and personal loss. "We live in constant fear," says mother-of-six Natalia Shanovska, whose flat has been hit four times by shells. Sergiy Fedenko, director of the town's hospital, has turned its basement into a makeshift shelter should the Russian tanks roll over the border.
news.yahoo.comTina Knowles-Lawson and Trell Thomas talk negative racial stereotypes and new docuseries
Tina Knowles-Lawson, businesswoman and mother of Beyonce and Solange, set out with Trell Thomas to highlight the negative stereotypes Black men face and the people working to change them. They spoke with Anne-Marie Green on CBS News about their new docuseries "Profiled: The Black Man" and why they started this conversation.
news.yahoo.comTina Knowles-Lawson on new series "Profiled: The Black Man" and ending stereotypes
Executive producer and entrepreneur Tina Knowles-Lawson joined “CBS Mornings” Thursday to discuss her new docuseries "Profiled: The Black Man." Knowles-Lawson, who is the mother of Beyoncé and Solange, discussed her intention behind the series, how harmful stereotypes impact the lives of Black men and her hope to reshape society's views.
news.yahoo.comMore states roll back indoor mask mandates as average COVID-19 cases fall to 2022 low
Several states are rolling back indoor mask mandates, although many are leaving school restrictions in place. Mola Lenghi has the latest from frustrated parents amid mixed guidance from states and the CDC.
news.yahoo.comDan Gilbert’s Rocket shares rise 70% as newest Reddit target
A Rocket Companies sign is displayed on the exterior of the New York Stock Exchange, Thursday, Aug. 6, 2020, in New York. Shares of Rocket Companies, parent of Quicken Loans, began trading Thursday during the Detroit company's IPO at the NYSE. Quicken is the largest retail mortgage originator in the U.S. (AP Photo/Mark Lennihan)DETROIT – The stock price of Rocket Companies, parent company of Dan Gilbert’s Quicken Loans, shot up more than 70% over the last 24 hours after the company became the newest “meme” stock of Reddit. Rocket reported stronger-than-expected fourth-quarter earnings last Thursday, which impressed some Wall Street analysts. More: GameStop’s saga may be over; its effect on Wall Street isn’t
GameStop shares double after tumbling for much of February
A rally in GameStop has been rare since it fell back to earth early this month. GameStop was an extreme example because some of its shares had been sold short multiple times. Gust Kepler, CEO of stocks and options platform BlackBoxStocks, said that he became aware around 3:30 EST Wednesday of “aggressive buying” of call options on GameStop shares. Speaking at the annual meeting of Los Angeles Daily Journal Wednesday, the Berkshire Hathaway vice chairman pinned the GameStop stock frenzy on small investors that he said were gambling on the stock market. One Redditor posted a chart in the forum showing the spike in GameStop's shares, adding: “TAKE THAT CHARLIE MUNGER.”___Associated Press writer Josh Funk in Omaha, Nebraska, contributed to this report.
LIVE STREAM: Robinhood, Reddit CEOs testify in House hearing on GameStop stock saga
The episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. The head of the panel, Rep. Maxine Waters, D-Calif., is homing in on hedge funds, which she says have a history of “predatory short-selling." Chicago-based Citadel is one of the biggest hedge funds, and its separate securities-dealing business handles an estimated 25% of all U.S. stock trading. Not coincidentally, it inflicted billions in losses on the hedge funds that had placed bets that the stocks would drop. GameStop stock plunged 60%, to $90 on Feb. 2, wiping out hundreds of thousands of dollars in a few hours.
Robinhood CEO defends actions in GameStop saga at hearing
(House Financial Services Committee via AP)WASHINGTON – The CEO of Robinhood defended the trading platform to Congress Thursday for its actions during the GameStop trading saga, while apologizing to customers for restricting their ability to trade at the height of the frenzy. AdTenev said Robinhood imposed the trading restrictions because regulators had increased capital requirements tenfold due to the spike in trading volume. Gill earned a handsome profit and a legion of online followers for making the case for GameStop shares on Reddit and YouTube long before the big price surge in January. Beyond Robinhood’s actions during the GameStop frenzy, lawmakers raised concern about its business model generally and possible downsides of its “democratization” of stock trading. The company offers commission-free trading, but critics say customers pay another, hidden price because Robinhood provides their data on buying and selling to Wall Street firms.
Wall Street's GameStop bug may have mutated; silver surges
Shares of Pan American Silver surged about 12%, First Majestic Silver rose 22% and Hecla Mining spiked 28%. In the process, they've done heavy damage to those hedge funds in a stunning reversal of financial power on Wall Street. AdSome of these smaller traders believe the hedge funds that were pillaged last week are behind the surge in silver. Meanwhile, GameStop shares dropped 28% to $233 but the stock price has been tremendously volatile of late. Even so, hedge funds' exposure to the stock market remains close to record levels.
Fight The Man: What GameStop's surge says about online mobs
Melvin Capital is also exiting GameStop, with manager Gabe Plotkin telling CNBC that the hedge fund was taking a significant loss. Last week they gave us the Great GameStop Stock Uprising. Online spaces are being used to radicalize people toward extremism, to plan hate crimes and attacks," she said. It’s the same thing as when Jim Cramer gets on CNBC smashing buttons.”AdIn 2017, the hashtag “MeToo" began going viral as women — and some men — shared their experiences of sexual assault on social media. Social media also helped Black Lives Matter activists organize rallies, record police violence and communicate during the marches sweeping the U.S. and other countries following the death of George Floyd last summer.
Robinhood lifts some restrictions on buying Reddit-driven GameStop, AMC stocks
A vehicle passes in front of a GameStop store in Vernon Hills, Ill., Thursday, Jan. 28, 2021. The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors. (AP Photo/Nam Y. Huh)Robinhood has lifted some restrictions on buying stocks being driven by Reddit’s WallStreetBets group, allowing users to purchase GameStop, AMC and others after restricting them on Thursday. Robinhood came under fire on Thursday after shutting down the stock buying frenzy, citing “market volatility,” while users of the trading app accused the company of market manipulation. AdMost of the stocks that were restricted on Thursday have seen an increase since buying was allowed again Friday morning.
EXPLAINER: Why GameStop’s stock surge is shaking Wall Street
What’s going on with GameStop’s stock doesn’t make sense to a lot of people. AdHere's a look at how we got here:___WHAT IS HAPPENING WITH GAMESTOP’S STOCK? A big reason for that is how deeply hated GameStop's stock was by hedge funds and other professional investors on Wall Street. Later, if the stock price does as they expect, they can buy the stock at a lower price and keep the difference. ___WHERE DOES WALL STREET SEE GAMESTOP'S STOCK ENDING UP?
Tlaib slams Robinhood after blocking of Reddit-driven stocks like GameStop, AMC
Michigan Congresswoman Rashida Tlaib slammed Robinhood on Thursday after the popular investment app restricted support for Reddit-driven stocks. Robinhood messages posted to various company pages like GameStop, AMC and Nokia, inform users that the stock is not supported on Robinhood, or not available for purchase. We fundamentally believe that everyone should have access to financial markets. Related: Robinhood sends market volatility warning to brokerage app usersThe #RobinHood drama is real this morning. The online trading app is not allowing people to buy recent popular stocks like $NOK $AMC & $GMEHowever you can sell your current options.
Robinhood restricts Reddit-driven GameStop, AMC, Nokia stocks, cites ‘market volatility’
This Thursday, Dec. 17, 2020 photo shows the logo for the Robinhood app on a smartphone in New York. Friday morning update: Robinhood lifts some restrictions on buying Reddit-driven GameStop, AMC stocksRobinhood messages posted to various company pages like GameStop, AMC and Nokia, inform users that the stock is not supported on Robinhood, or not available for purchase. We fundamentally believe that everyone should have access to financial markets. Since the halt, stocks impacted have dropped in value. Related: Robinhood sends market volatility warning to brokerage app usersThe #RobinHood drama is real this morning.
Agency homing in on social media companies' data collection
WASHINGTON – Federal regulators are ordering Facebook, Twitter, Amazon, TikTok’s parent and five other social media companies to provide detailed information on how they collect and use consumers’ personal data and how their practices affect children and teens. The other five companies are Reddit, Snap, Discord, WhatsApp, which is owned by Facebook, and Google’s YouTube. Regulators and lawmakers are increasingly weaving their concerns over data power and privacy into their investigations of Big Tech companies' market dominance. Facebook, the largest social network, gets the bulk of its revenue — which reached $70.7 billion last year — from online ads. They said the planned study “will lift the hood on the social media and video streaming firms to carefully study their engines."
Facebook says it will ban groups for ‘representing’ QAnon
Mentions of QAnon in a group focused on a different subject won’t necessarily lead to a ban, Facebook said. Facebook announced its new approach weeks after deciding to limit the spread of content from Facebook pages, groups and Instagram accounts that support violent acts, such as those associated with QAnon. “Starting today, we will remove Facebook Pages, Groups and Instagram accounts for representing QAnon, even if they contain no violent content," Facebook wrote in a press release Tuesday. The QAnon phenomenon has sprawled across a patchwork of secret Facebook groups, Twitter accounts and YouTube videos in recent years. Reddit, which began banning QAnon groups in 2018, was well ahead, and to date it has largely avoided having a notable QAnon presence on its platform.
Facebook says it will ban groups for ‘representing’ QAnon
OAKLAND, Calif. – Facebook said it will ban groups that openly support QAnon, the baseless conspiracy theory that paints President Donald Trump as a secret warrior against a supposed child-trafficking ring run by celebrities and “deep state” government officials. The company said Tuesday that it will remove Facebook pages, groups and Instagram accounts for “representing QAnon” — even if they don’t promote violence. Mentions of QAnon in a group focused on a different subject won't necessarily lead to a ban, Facebook said. It said it would only remove QAnon groups if they promote violence. Reddit, which began banning QAnon groups in 2018, was well ahead, and to date it has largely avoided having a notable QAnon presence on its platform.
Vegan calls police after friends' chicken nugget prank, and the internet has some thoughts
A young woman posted in the Reddit thread about how she called the cops on her friends for pulling a prank. Normally, calling the cops because your friends pranked you seems a little extreme, but once you find out what the prank is, you might change your opinion. The woman says she's been a vegan for 10 years, but that soon ended after her friends tricked her into eating a chicken nugget. "My friends thought it would be funny to feed me chicken nuggets as a prank. It wasn't until the next morning when she found out about the lie, thanks to one of her friend's Snapchat stories documenting the prank.