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Tue. 11/24 – Apple’s Head Of Global Security Indicted On Bribery Charges

Nov 24, 2020
Apple's head of global security faces bribery charges related to concealed firearms permits, casting a shadow on the tech giant's reputation. Meanwhile, Facebook adjusts its newsfeed algorithm post-election to tame misinformation, igniting debates about balance and bias. OnlyFans is spotlighted as a major player in the creator economy, with insights from its founder. In wealth news, Elon Musk surpasses Bill Gates to become the second richest man, while filmmaker Werner Herzog criticizes Musk's ambitious plans for Mars colonization, urging a focus on Earth.
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ANECDOTE

Apple Security Chief Indicted

  • Apple's head of global security, Thomas Moyer, was indicted on bribery charges.
  • Moyer allegedly offered iPads as a bribe for concealed firearms permits.
INSIGHT

Facebook's Algorithm Tweak

  • Facebook temporarily adjusted its algorithm to prioritize authoritative news after the election.
  • This suggests Facebook has the power to control content but prioritizes engagement and divisiveness for profit.
INSIGHT

OnlyFans' Success

  • OnlyFans, founded in 2016, has paid out $2 billion to creators, implying $500 million in net revenue.
  • Despite its association with adult content, it's a rapidly growing creator platform.
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