House lawmakers officially ask Facebook to put Libra cryptocurrency project on hold

House lawmakers officially ask Facebook to put Libra cryptocurrency project on hold

House Democrats are requesting Facebook halt development of its proposed cryptocurrency project Libra, as well as its digital wallet Calibra, until Congress and regulators have time to investigate the possible risks it poses to the global financial system. Rep. Maxine Waters (D-CA), the chairwoman of the House Financial Services Committee, hinted at a move like this last month shortly after the project was announced. Waters’s letter today, sent to Facebook’s CEO Mark Zuckerberg, Chief Operating…

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Android co-founder Andy Rubin accused of cheating wife out of fortune while running a sex ring

Android co-founder Andy Rubin accused of cheating wife out of fortune while running a sex ring

Android co-founder Andy Rubin has been accused of cheating his wife out of millions through a pre-nuptual agreement obtained under false pretenses, according to documents unsealed in connection with a related case. The documents — first unearthed by BuzzFeed’s Ryan Mac — allege that Rubin forced his wife Rie Hiraburu Rubin into the pre-nuptual agreement just weeks before she was scheduled to give birth to their child, negotiating specific terms until three days before the…

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Amazon’s former HQ2 location is doing just fine without Amazon

Amazon’s former HQ2 location is doing just fine without Amazon

Long Island City may have lost the e-commerce giant, but it got plenty of real estate advertising. Looking at the real estate market in Long Island City right now, you’d never know the Queens neighborhood is just a few months post breakup with one of the most valuable tech companies in the world. Back in November of last year, after a 14-month long courtship, the e-commerce giant Amazon had declared its love for Long Island…

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Epic Games will cover refunds of Shenmue III to protect developer after backlash

Epic Games will cover refunds of Shenmue III to protect developer after backlash

Game studio Ys Net, its publishing partner Deep Silver, and distributor Epic Games have come to a solution to appease angry fans over the PC exclusivity of upcoming, Kickstarter-backed game Shenmue III. In an upcoming survey, the trio plan to offer refunds to any backers upset the game won’t be available on Valve’s Steam storefront at launch, after Epic secured exclusivity of the PC version of the game for its own marketplace. You’ll also be…

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The 2020 US Census will not include a citizenship question

The 2020 US Census will not include a citizenship question

It’s a major win for Democrats and activists. In a major win for Democrats and activists — and disappointment for President Donald Trump — the US Census will not include a citizenship question the next time it is conducted in 2020. This decision, announced by former Obama White House counsel Daniel Jacobson on Tuesday, comes in the wake of a Supreme Court decision last week, which temporarily barred the addition of a citizenship question, noting…

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There’s a huge debate over how the very poorest are doing. There’s no debate about whether food stamps help them.

There’s a huge debate over how the very poorest are doing. There’s no debate about whether food stamps help them.

Researchers argue that food stamps can arrest a falling “floor” of living standards. There’s a huge debate among scholars who study the lives of the very poorest about just how many very poor people there are in America. Some researchers, using survey data, estimate there is a large and growing portion of Americans living on less than $2 day — in other words, in truly extreme poverty. Other researchers have made a strong claim that…

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The new Oklahoma! is a sexy, shocking revival for our times

The new Oklahoma! is a sexy, shocking revival for our times

This isn’t like your high school production. It’s much darker. If you were paying attention to this year’s otherwise lackluster Tony Awards, you might have noticed the tremendous amount of love for the new revival of Oklahoma! at Circle in the Square. The production became an immediate sensation when it premiered off Broadway last fall. When it opened on Broadway, it promptly sold out and then extended its run into 2020, made director Daniel Fish…

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A $15 federal minimum wage won’t cost Americans jobs, new study says

A $15 federal minimum wage won’t cost Americans jobs, new study says

Here’s what might happen if Congress doubles the minimum wage. The first study analyzing the effects of a $15 federal minimum wage is out: Its impact on inequality could be huge — while its impact on job loss is likely small to none. More importantly, doubling the federal minimum wage to $15 an hour by 2024 would also likely boost incomes for the poorest households in rural counties, according to a white paper released Tuesday…

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Tesla rebounds from bad first quarter by setting new record for deliveries

Tesla rebounds from bad first quarter by setting new record for deliveries

After a slow start to the year, Tesla announced Tuesday that it made and delivered a record number of cars in the second quarter of 2019. The electric automaker produced 87,048 vehicles in the quarter, and delivered “approximately 95,200,” after having finished the first quarter of the year with some 10,000 cars listed as “in transit.” Those numbers were above the expectations of industry analysts, many of whom expected closer to 91,000 deliveries this past…

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