Netflix CEO says 75% stock drop was 'horrifying,
disappointing and embarrassing,' compares
canceling Dave Chappelle to censorship
in the Middle East and defends cutting
Harry and Meghan's animated show
Posted By: Ribicon, 5/28/2022 8:05:20 PM
The CEO of Netflix said the company's recent 75 percent stock drop was a 'horrifying, disappointing and embarrassing' moment for the streaming platform, which lost lost 200,000 subscribers in the first three months of the year. The company lost $54 billion in a single day in April after having seen booming success at the height of the COVID-19 pandemic. Netflix is currently trading at $195 per share, as opposed to $348 per share in April. 'It was horrifying, disappointing and embarrassing,' CEO Ted Sarandos told The New York Times. 'We make decisions based on the best information we have at the time. They are not always going to be right,
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The FBI, CIA and other intelligence agencies are not permitted to consider Chinese-Americans as a greater security threat despite their targeting by China’s intelligence service for recruitment, according to a report made public Tuesday by the Office of the Director of National Intelligence. “While continuing to combat the significant national security threat posed by the [People’s Republic of China], IC agencies and components must ensure that their intelligence activities and security clearance processes protect the privacy, civil liberties, and civil rights of Americans of Chinese descent and all other Americans,” the report concludes.
The report appears to be based on unfounded allegations of Chinese-American racism by intelligence and security
An attacker knifed a 16-year-old girl in the shoulder in an apparently unprovoked attack in Brooklyn, disturbing video released Wednesday shows. The footage from NYPD shows the teen walking into the Urban Juice Bar & Grill in Brownsville around 6 p.m. May 22 when a man came up behind her, raised a black knife and stabbed her once in the left shoulder. Then the suspect slowly walked off, the clip shows.(Snip)Cops are still looking for the suspect, described as a man with a medium complexion, weighing about 150 pounds with a thin build, black hair and goatee, authorities said. He is shown in the footage wearing a black
Uvalde schools police chief Pete Arredondo, who was in command during law enforcement’s response to the mass shooting at Robb Elementary School, was sworn in as a member of the city council on Tuesday without a ceremony. “Out of respect for the families who buried their children today, and who are planning to bury their children in the next few days, no ceremony was held,” Uvalde Mayor Don McLaughlin said in a statement. Arredondo’s ascension to city council comes just hours after the Texas Department of Public Safety said local police departments were not cooperating with its investigation into the massacre that left 19 fourth-graders and two teachers dead.
Those flying throughout the United States may soon have to put their masks back on, as the Department of Justice has filed an appeal of an April decision that ended the unpopular mask mandate on planes and public transit. The Centers for Disease Control had first implemented the mandate in February 2021 amid rising COVID cases, but as the number of cases started to drastically decline the mandate became unpopular among both passengers and crew members.
In fact, during a Senate hearing about the financial support airlines received in 2020 and 2021, American Airlines CEO Doug Parker and Southwest CEO Gary Kelly spoke out against the mandate.
Members of the K-pop band BTS made an appearance Tuesday in the White House briefing room before their private meeting with President Joe Biden to discuss anti-Asian hate crimes. 'We're BTS and it is a great honor to be invited to the White House tonight to discuss important issues of anti-Asian hate crimes, Asian inclusion and diversity,' said RM, addressing the room in English, while the other six members of the group spoke in Korean. Press secretary Karine Jean-Pierre escorted the seven pop stars to the podium, but wouldn't let them answer questions. They're slated to hold a private meeting with the president, a self-confessed fan,
A Brooklyn woman shot and severely wounded in a mass shooting aboard a Brooklyn N train last month will file a lawsuit Tuesday against Glock, which manufactured the 9-mm. gun used in the 33-bullet attack on straphangers. Ilene Steur, 49, was shot in the buttocks and suffered life-changing injuries during the gas mask-wearing gunman’s rampage as the rush-hour train pulled into the 36th St. station in Sunset Park. Her lawsuit in Brooklyn Federal Court alleges Glock—one of the world’s largest gunmakers—markets its weapons and distributes them in a way that is a “public nuisance” under state law and endangers public safety.
One dead, two injured after gunfire breaks
out after Morris Jeff graduation; 'This
is horrible' 9 replies
out after Morris Jeff graduation; 'This
is horrible' 9 replies
A woman was killed and two others were injured after gunfire broke out Tuesday following the Morris Jeff Community School graduation on the Xavier University campus, New Orleans police said. The bloodshed comes just two weeks after four people were injured in an eerily similar shooting outside of the commencement ceremonies for Hammond High School. That graduation was also held at a college campus: Southeastern Louisiana University. At a press conference, NOPD Deputy Superintendent Christopher Goodly said two women began fighting in the parking lot of Xavier's convocation center after elated graduates and their loved ones spilled out of the 10 a.m. ceremony.
More than 20 black White House aides have departed the Biden administration since late last year, an exodus some have dubbed “Blaxit,” according to a new report. While some of the departing staffers have left on good terms to pursue additional career or educational opportunities, others have attributed the turnover to a lack of mentorship and opportunity, Politico reported Tuesday, citing nine black current and former White House officials.(Snip)
“They brought in a ton of black people generally to start without ever establishing an infrastructure to retain them or help them be successful,” another current official said. “If there is no clear infrastructure of how to be successful,
Washington—A federal jury on Tuesday found former Hillary Clinton campaign lawyer Michael Sussmann not guilty of lying to the FBI — finding special counsel John Durham did not prove his case beyond a reasonable doubt. The verdict by a jury in heavily Democratic-leaning DC, came midway through the second day of deliberations following a two-week trial on a single count of making false statements to a federal agent. Durham’s prosecution team unsuccessfully sought to prove that Sussmann deliberately lied to then-FBI general counsel James Baker by claiming not to be acting on behalf of the Clinton campaign and an internet executive when the two met in 2016.
New footage revealed that cops knew that injured children were alive inside the Texas elementary school classroom where 18-year-old gunman Salvador Ramos opened fire and killed 21. Video originally shared on Facebook Live shows the chaotic scene outside Robb Elementary school last week as Customs and Border Protection (CBP) agents spoke to a to an injured child during the massacre. 'Are you injured?' the agent asked the child, according to CNN who made the clip public on Tuesday. The child answered: 'I got shot!'
'A kid got shot? A Kid?' an adult is heard saying as the child's voice cuts out. Similarly, ABC News released footage Monday
Doctors have confirmed that trans swimmer Lia Thomas does have an unfair advantage over the biological women she swims against even after taking testosterone suppressants. In an interview with The New York Times on Monday, a Mayo Clinic doctor and an international physiologist who consults on the sports both confirmed Thomas's advantage is inescapable. 'There are social aspects to sport, but physiology and biology underpin it. Testosterone is the 800-pound gorilla,' Michael J. Joyner, the Mayo Clinic doctor, said.(Snip)Their comments confirm the fears of Lia's competitors, who were literally blown out of the water after she started transitioning from male to female when she was 19.
A recent surge of migrants in Ireland has left authorities in the country struggling to find doctors to treat new arrivals.
Doctors are now the latest resource to be in short supply within the Irish state, with senior officials now admitting that they are “struggling” to find medical professionals to treat some of the tens of thousands of migrants who have arrived in the country this year.(Snip)Despite this, there doesn’t seem to be any sign of politicians hitting the brakes on the project, with new data showing that over 33,000 social security numbers have been given out to migrants ostensibly coming from Ukraine as of May 22.
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A high school in a Chicago is implementing a race-based grading system “to adjust classroom grading scales to account for skin color or ethnicity of its students.”
The move is necessary, advocates say, because “traditional grading practices perpetuate inequities,” a slide used in a presentation said.
Students, depending on their race, will not be held accountable for missing class, misbehaving in school, or for failing to turn in assignments. (snip) “Teachers may unintentionally let non-academic factors—like student behavior or whether a student showed up to virtual class—interfere with their final evaluation of students,” Sullivan said.
As we reported earlier, Michael Sussmann was found not guilty of lying to the FBI, despite the evidence that he was working for the Clinton campaign and that he told FBI General Counsel James Baker that he was not working for any client.
That raised questions as to how, given the evidence, you get a not guilty verdict in this case? Now, part of the issue may have been judicial rulings that hindered Special Counsel John Durham’s case to some degree, as I noted. The other part may have been you likely started out with an unfavorable jury, to begin with, in D.C., but then, in this case, you also seemed
Washington—A federal jury on Tuesday found former Hillary Clinton campaign lawyer Michael Sussmann not guilty of lying to the FBI — finding special counsel John Durham did not prove his case beyond a reasonable doubt. The verdict by a jury in heavily Democratic-leaning DC, came midway through the second day of deliberations following a two-week trial on a single count of making false statements to a federal agent. Durham’s prosecution team unsuccessfully sought to prove that Sussmann deliberately lied to then-FBI general counsel James Baker by claiming not to be acting on behalf of the Clinton campaign and an internet executive when the two met in 2016.
University of Pennsylvania (UPenn) professor and MSNBC contributor Anthea Butler suggested that Texas police didn’t respond sooner to the shooting at Robb Elementary School in Uvalde because they “didn’t give a damn” about a school filled with mostly “brown kids.”
“So since no one else will ask, I will. Did those children die because most of them were Mexican American and the police didn’t give a damn about a school w predominately brown kids? I mean, because it’s Texas.. and if you think everyone who isn’t white is illegal,” Butler tweeted on Friday.
The UPenn professor has since deleted her tweet,
George Will on Biden's 'achievement'
37 replies
George Will’s recent column reviewing the first 500 days of the Biden presidency includes praise for the president’s “deft diplomacy” and “stunning achievement” in the administration’s response to Ukraine. According to Will, Biden’s diplomacy is substantially responsible for nudging Germany to play a larger geopolitical role and persuading Finland to join NATO, thus extending the alliance’s reach to more than 800 miles of Russia’s border. Biden, he writes, has revised the concept of the West, but Will writes that Biden’s achievement will not earn him political dividends because “what Americans usually want in foreign policy is as little as possible.”
Supreme Court law clerks are being asked to turn over their personal cell phone records and sign affidavits as the search ramps up for the person who leaked the draft opinion that would overturn Roe v. Wade.Language of the affidavits and what the scope of the cell phone search will be are not yet clear, sources familiar with the efforts told CNN – but the potential of handing over their personal devices have clerks exploring their options, including hiring outside counsel.
Considering the crack down on law clerks, it's likely the court has not yet been successful in determining the source of the breach.
Joe Biden has warned Americans that the rapid pace of job creation likely will not continue - but insisted that there was no need to panic over the looming economic storm.The president will meet the chairman of the Federal Reserve, Jerome Powell, on Tuesday to discuss ways to bring inflation down.The consumer price index has increased 8.3 percent from a year ago, the latest data shows.The figures, from April, represent a slight ease from March's peak but were still close to the highest level since the summer of 1982.
Former Hillary Clinton campaign attorney Michael Sussmann has been found not guilty of lying to the FBI in the first trial of Special Counsel John Durham's investigation into what sparked the investigation of Donald Trump's 2016 presidential campaign. It's one of just two indictments in Durham's three-year inquiry into the origins of Special Counsel Robert Mueller's probe, spurred by allegations that Trump's 2016 campaign got help from Russia. After just six hours of deliberation, a jury rejected Durham's claim that Sussmann lied to federal agents when sending them dirt on Trump's alleged links to Moscow.
Those flying throughout the United States may soon have to put their masks back on, as the Department of Justice has filed an appeal of an April decision that ended the unpopular mask mandate on planes and public transit. The Centers for Disease Control had first implemented the mandate in February 2021 amid rising COVID cases, but as the number of cases started to drastically decline the mandate became unpopular among both passengers and crew members.
In fact, during a Senate hearing about the financial support airlines received in 2020 and 2021, American Airlines CEO Doug Parker and Southwest CEO Gary Kelly spoke out against the mandate.
White House press secretary Karine Jean-Pierre said she 'did not hear that part of the speech' when asked Tuesday about claims made by President Joe Biden that he was 'appointed' to the Naval Academy the same year he was already finishing college. 'I need to read it myself, and just go back and see what you're talking about exactly. I can't speak to it right now,' Jean-Pierre told CBS News' Ed O'Keefe during the press briefing, as he had asked whether Biden could be confused about the timeline. At the top of Biden's commencement address to Naval Academy graduates Friday
WASHINGTON — When President Joe Biden and first lady Jill Biden disagree, they don't hash it out in front of other people. Instead, she says, they argue by text — “fexting” as they call it. Jill Biden also told Harper's Bazaar magazine in an interview that her divorce from her first husband taught her to be independent and that she has drilled that lesson into her daughter and granddaughters. (Snip) After she recently texted him in a fit of pique, he told her, "'You realize that’s going to go down in history. There will be a record of that,’” she
President Biden does not “believe in” proposals to harden schools against potential gunmen, White House press secretary Karine Jean-Pierre said on Tuesday.
“I know there’s been conversation about hardening schools, that is not something he believes in,” Jean-Pierre told reporters at a White House press conference. “He believes that we should be able to give teachers the resources to be able to do their job.”
Jean-Pierre made the comments while speaking about the possibility of bipartisan legislation to address gun violence, in the wake of the school shooting in Uvalde, Texas, last week. A gunman killed 19 students and two adults in the shooting at Robb Elementary School.
Comments:
Under American capitalism as now construed, far and away the primary goal of a CEO is to maximize shareholder value. You can trash our culture, outsource jobs, harm the republic and its subjects in a thousand ways and it's all good, provided you're making money. Given this, how in the world does this person get away with taking home some $40 million a year in exchange for destroying the company? At his side is a "co-CEO" who takes in a comparatively modest $35 million a year.