Saturday, August 21, 2021

BREW WITH HEADLINES

Daily Brew

TOGETHER WITH

Cariuma

Good morning. To all our readers in the Northeast, prepare for a nice soaking this weekend. Tropical Storm Henri is expected to develop into a hurricane, and become the first hurricane to make direct landfall in New England in 30 years.

  • The more you know: If your name is Ida, Julian, Kate, Larry, Mindy, Nicholas, Odette, Peter, Rose, Sam, Teresa, Victor, or Wanda, you might soon be getting some unwanted attention. Those are the monikers selected by the World Meteorological Organization for the next Atlantic storms this season.

— Neal Freyman, Jamie Wilde, Sherry Qin

MARKETS


Nasdaq

14,714.66

S&P

4,441.67

Dow

35,120.08

Bitcoin

$49,277.50

10-Year

1.261%

Microsoft

$304.36

*Stock data as of market close, cryptocurrency data as of 6:00pm ET. Here's what these numbers mean.

  • Markets: Stocks posted an L for the week despite rising yesterday. We mentioned Amazon’s stock has been slumping this summer—not so with Microsoft, which is up nearly 40% year to date.
  • World: After a week of chaos near the Kabul airport, President Biden pledged to evacuate all Americans who want to leave Afghanistan, and said he was committed to helping Afghans who assisted the US with its mission there. Countries have airlifted more than 18,000 people since the Taliban toppled the government on Sunday.

SOCIAL MEDIA

Should the Taliban Be #Banned?

KABUL, AFGHANISTAN -- AUGUST 17, 2021: Zabihullah Mujahid, the Taliban s...

The Taliban holds a press conference. Marcus Yam/Getty Images

If you thought social media platforms deciding whether to ban former President Trump was ethically thorny...that was a single briar compared to the Maleficent’s thicket that is the Taliban’s web presence.

The last time the Taliban was in power in Afghanistan (1996–2001), just one-tenth of 1% of the country was on the internet, according to the World Bank. So, this is the first time social media platforms have had to take a stance on whether to allow the Taliban in its resumed role as effective leader of Afghanistan to post content.

How it stands

  • Facebook and YouTube have banned the Taliban under the premise that it’s a terrorist organization, and Facebook additionally prohibits any “praise, support, and representation” of the group, even from non-Taliban accounts.
  • Twitter is more hands-off, only banning posts that exhibit “glorification of violence, platform manipulation, and spam.”

They’ll need to decide whether to update these policies or double down on enforcing them soon, because the Taliban has been more active than a LinkedIn thought leader lately: 100+ new accounts and Facebook pages claiming ties to or supporting the Taliban have cropped up since August 9 across Twitter and Facebook, according to a report by the NYT.

These accounts work together to amplify each other, so when one posts, they all engage with it and post on similar topics.

But cracking down may be a question of “can,” not “should”

Taliban posters evade current content policies by, for instance, slightly changing the spelling of hashtags or keywords that moderators search for, posing as grocery stores, or simply by using a new account when one is shut down.

So even with a purge, Taliban-sponsored content is likely to slip through the cracks. To that end, Facebook said it’s brought on a dedicated team of Afghanistan experts to help sift through posts.

Looking ahead...this issue will be exacerbated should the Taliban take over Afghanistan’s official government social media accounts. — JW

        

Giphy

Remember that website isitcancelledyet.com from last spring that documented all of the events that were postponed due to Covid? It might have to make a comeback. A growing number of performers, conferences, and companies are switching up their plans on account of the recent Delta-fueled wave.

Concerts: 

  • Bad news for the 40.8 million-strong BTS ARMY: Their beloved K-pop supergroup officially canceled its upcoming world tour.
  • Country star Garth Brooks also canceled the next five cities on his tour. 

Events: 

  • The Fed's annual Jackson Hole symposium, set to begin next week in Wyoming, will take place virtually.
  • VidCon, the convention that brings together online creators and their fans in Anaheim, CA, was canceled for the second year in a row.
  • The New York International Auto Show, which was supposed to start yesterday, didn’t.

Return-to-office: 

  • Apple delayed its plans to bring employees back to the office until January 2022. 
  • IBM temporarily closed its NYC offices amid rising cases. 

Zoom out: Try as it might, Delta can't stop everything. NYC's big homecoming concert, featuring Bruce Springsteen, Jennifer Hudson, The Killers, and more A-listers, is going ahead tonight as planned in Central Park. – SQ

        

ENTERTAINMENT

I'll Take "Decisions that Backfired" for $200

Mike Richards is stepping down as host of Jeopardy! just over a week after he was chosen to succeed the late Alex Trebek. 

The announcement wasn’t totally a surprise. Throughout the week, backlash had been mounting over the decision to choose Richards, who is the executive producer of the show. Why? 

  • He’s the executive producer, which raised questions over the integrity of the selection process.
  • Criticism grew after The Ringer reported that Richards made offensive and sexist comments on a podcast he hosted from 2013–2014. 

“Over the last several days it has become clear that moving forward as host would be too much of a distraction for our fans and not the right move for the show,” Richards said.

Looking ahead...Jeopardy! made no mention of Mayim Bialik, the actress who had been tapped to host specials. But now, after an embarrassing episode for a show that could seemingly do no wrong, it’s back to the drawing board for a full-time host. — NF

        

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GRAB BAG

Key Performance Indicators

Evacuation of Afghan citizens in a C-17 cargo plane

US Air Force

Stat: The viral picture showing Afghan citizens being evacuated out of Kabul Sunday night is also one for the history books. 823 people were on that C-17 cargo plane, nearly 200 more than was first reported, making it the largest number of passengers ever transported by the C-17 in its history.

Quote: “Happy Friday, y’all!”

What actor LeVar Burton, a guest host of Jeopardy! and someone who has very publicly lobbied for the permanent role, tweeted yesterday morning.

Read: An oral history of Adam Sandler, pickup basketball legend. (Mel Magazine)

        

SPORTS

The Bottom Falls Out on Topps

A burnt Topps baseball card

Topps is sending its plans to go public back to a box in the basement.

The iconic baseball card maker scrapped its public listing via SPAC after getting cut out of a deal to, well, make baseball cards. 

  • Earlier this week, MLB and the MLB Players Association (MLBPA) reached an exclusive licensing deal with the sports merchandise company Fanatics come 2026. 
  • That will end the partnership Topps has had with MLB since 1952.

Big picture: Sports memorabilia, or to put it in terms our readers would better understand, physical NFTs, has soared in popularity during the pandemic. A card of Honus Wagner, a baseball player who started his career in 1897, sold on Monday for $6.6 million—easily becoming the most expensive trading card ever. 

Looking ahead...in the world of sports merch, there’s a new king in town. Fanatics, which already counts SoftBank and private equity giant Silver Lake as investors, raised funding earlier this month at a valuation of $18 billion. Its baseball card deal will be 10x larger than any the MLB players union has struck previously, ESPN reports. — NF

        

WHAT ELSE IS BREWING

  • Pfizer’s Covid-19 vaccine could be fully approved by the FDA on Monday, per the NYT.
  • Nvidia’s proposed $40 billion takeover of chip designer ARM raises serious concerns, the UK’s competition watchdog said. 
  • Chinese tech stocks, such as Alibaba and Tencent, got walloped this week due to an intensifying crackdown on the sector by China’s government.
  • Rain fell on the highest point of Greenland’s ice sheet for the first time in recorded history.

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BREW'S BETS

Top Sidekick picks: Our Sidekick newsletter delivers tips and tricks to help you live smarter. The most popular links this week? A simple to-do app, these transparent Post-it Notes, and a template for tracking the books you’ve read.

Weekend conversation starters:

Investing in crypto is a lot like a trip to Ikea—extremely disorienting and most of the time you end up knee-deep in a pile of meatballs. 

To help, we’ve launched a Crash Course on Crypto to give you the context, tools, and resources to help you figure out where crypto fits in your investment portfolio. You'll find...

  • Ways to expose your portfolio to bitcoin without actually buying bitcoin
  • Everything you need to know about crypto wallets
  • How to choose the right crypto platform for you 

Check out the Crash Course on Crypto here.

GAMES

Brew Crossword: Sundae

Brew Crossword

This morning's crossword will stimulate your brain and make you hungry at the same time. Try it here.

 

 

"Experts" Are Now Calling It "Terrorism" - [Read Full Report Here]

 

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SATURDAY 8.21.2021

 

 

 

 August 21, 2021

Mastermind Behind Taliban Takeover Was Part of 'Gitmo 5' Released by Obama in 2014
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Twitter Allows Taliban, but Trump is Banned?
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 Encyclopaedia Britannica | On This Day

August 21
Count Basie

FEATURED BIOGRAPHY


Born On This Day

Count Basie

American musician

READ MORE
Leonardo da Vinci: Mona Lisa

FEATURED EVENT


1911

Mona Lisa stolen

READ MORE

MORE EVENTS ON THIS DAY

total solar eclipse

Dirty Dancing

Bambi

Lincoln-Douglas debates

Arthur Wellesley, 1st duke of Wellington

Latvia

ALSO BORN ON THIS DAY







SEE ALL BIOS ON THIS DAY

Columnists
We Have No President

Matt Vespa


How Are Those Mean Tweets Looking Now?

Kurt Schlichter


They Are Who We Thought They Were

Larry O'Connor


FBI Debunks Capitol Insurrection as the Press Avoids That Headline

Brad Slager


Biden Can't Escape Blame for Afghanistan Fiasco

Victor Davis Hanson


Cowardly Biden Hides from the Press on Afghanistan

Tim Graham


After Afghan Debacle, Stop the Nation-Building Crusades Once and for All

Josh Hammer


Aftermath of an Afghanistan Debacle

Pat Buchanan


Fiddling While Kabul Falls

Michael Barone



Tipsheet
Yes, Biden Really Did That When Discussing the Chaos Engulfing Afghanistan

Matt Vespa


DeSantis Press Secretary Suspended on Twitter for Calling Out AP Reporter Over 'Misleading' Story

Landon Mion


CNN Reporter Chooses the Perfect Word to Describe Biden's Disastrous Exit from Afghanistan

Matt Vespa


Joe Biden Delivered an Afghanistan Address That Was Shredded by the Media and Even His Own Officials

Matt Vespa


Florida DOE Says School Districts Must Drop Mask Mandate or Lose Funding

Landon Mion


Leaked Memo Shows Why So Many European Allies Are Pissed At Biden Over Afghanistan

Matt Vespa


FOX News' Aishah Hasnie: Afghan Civilians are 'Waiting for Their Death Sentence' Following Taliban Takeover

Landon Mion


ADVERTISEMENT
Unfit To Serve, Undeserving To Lead

Matthew Betley


Vital Words on Freedom and Liberty in a Threatening Era

Jeff Davidson


Desperately Fleeing Murderous Regime But Crushed to Death in Landing Gear—Who Could Hail Such a Regime?

Humberto Fontova


We’ve Only Just Begun

Gil Gutknecht


Turning Points Abroad and at Home

Kathryn Lopez


Biden Climate Change Policy a ‘House of Cards’

Peter Murphy


Based on Left’s Definition of Racism, Vaccine Mandates Are Racist

Chris Talgo


USPS Could Use Better Role Models to Improve

Ross Marchand


The School Board Cannot Suppress the Voices of Fairfax County Parents

Dee O'Neal


America's Leaders Can Help Save a Declining Country by Coming Clean on Afghanistan

Neil Patel



NYC Councilman Has an Interesting Explanation for Why New Yorkers Need to Show ID with Vax Cards

Julio Rosas


President Biden, It's Time to End the Vacation

Congressman Jim Banks


Senate Republicans to Biden: Use 'All Means Necessary' to Bring Americans Home

Reagan McCarthy


Pentagon Confirms Biden's Either Lying to the American People or Incompetent

Spencer Brown


Political Cartoons
Bearing Arms
Why Are Gun "Buybacks" Coming Back? | Cam Edwards

Two Officers Shot In San Bernardino Confrontation | Tom Knighton

California AG Acting Like ATF's Proposed Rule Is A Done Deal | Cam Edwards

Does PLCAA Apply To Other Nations' Lawsuits? | Tom Knighton

"Gunsense" Candidate Loses Election Bid For CT Legislature | Cam Edwards



Pelosi Praises Biden on Afghanistan, Then Makes Hypocritical Statement

Fauci Urges Americans to ‘Put Aside’ Concerns About Personal Liberty and Freedom

Iran Will Begin Transporting Fuel To Lebanon: Hezbollah Leader

Escalating US-China Solar Rift Threatens Biden Green Goals


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