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WASHINGTON (AP) — Responding to an outcry from medical experts, Food and Drug Administration Commissioner Stephen Hahn on Tuesday apologized for overstating the life-saving benefits of treating COVID-19 patients with convalescent plasma.Scientists and medical experts have been pushing back against the claims about the treatment since President Donald Trump’s announcement on Sunday that the FDA had decided to issue emergency authorization for convalescent plasma, taken from patients who have recovered from the coronavirus and rich in antibodies.Trump hailed the decision as a historic breakthrough even though the treatment’s value has not been established.Hahn had echoed Trump in saying that 35 more people out of 100 would survive the coronavirus if they were treated with the plasma. That claim vastly overstated preliminary findings of Mayo Clinic observation. 878
Wednesday is the second and last day of Amazon’s Prime Day sales event.Though, it's not the only retailer trying to get your business this time of year. Target also started its own deal days Tuesday. And Walmart actually got a head start and started offering deals on Sunday.Popcart is a browser extension that helps you compare prices online. They say you might want to walk away from deals on last year's electronics.“Those may appear to be amazing deals because of the markdown, and that’s an interesting point about shopping online that what seems to be a very good deal, because you see 50% off, may not actually be the best deal you can get,” said Omri Traub, founder and CEO of Popcart.This week isn't your only chance to score savings.“Amazon and those biggest retailers want to spread out your shopping over a longer time period, because they’re going to face incredible pressure to deliver everything on time, to deliver many more items than they have in previous years,” said Traub.The competitive prices Walmart and Target offer this week may be foreshadowing what's to come on Black Friday. 1111
We lose people in the hands of police. It’s not a slogan but a policy demand. And centering the demand for equitable investments and budgets for communities across the country gets us progress and safety. https://t.co/Vu6inw4ms7— Ilhan Omar (@IlhanMN) December 2, 2020 276
WASHINGTON, D.C. – The Federal Trade Commission (FTC) and a coalition of 48 attorneys general have filed lawsuits against Facebook, accusing the company of illegally stifling its competition to protect its “monopoly power.”The lawsuits allege that Facebook illegally acquired competitors in a predatory manner and cut services to smaller threats, depriving users from the benefits of competition and reducing privacy protections along the way. They claim Facebook took these actions to boost its bottom line through increased advertising revenue.The FTC says it's seeking a permanent injunction in federal court that could require divestitures of assets, including Instagram and WhatsApp. It could also prohibit Facebook from imposing anticompetitive conditions on software developers and require the company to seek prior notice and approval for future mergers and acquisitions.New York Attorney General Letitia James is leading the bipartisan coalition, which includes attorneys general from 46 states, Washington D.C. and Guam. Their goal is to “stop Facebook’s anticompetitive conduct,” according James.“Today, we are taking action to stand up for the millions of consumers and many small businesses that have been harmed by Facebook’s illegal behavior,” said James in a statement. “Instead of competing on the merits, Facebook used its power to suppress competition so it could take advantage of users and make billions by converting personal data into a cash cow.”The coalition's lawsuit claims Facebook employs a variety of methods to impede competing services and “build a competitive moat” around the company. The plaintiffs claim the two most utilized strategies have been to acquire smaller rivals and potential rivals before they can threaten Facebook’s dominance, as well as suffocating and squashing third-party developers that Facebook invited to utilize its platform.The attorneys general use Facebook’s purchases of Instagram and WhatsApp as examples. They claim Facebook saw Instagram as a direct threat quickly after the company launched, so they acquired it for billion in 2012. The company then bought WhatsApp for billion in 2014.The coalition of AGs is asking the U.S. District Court for the District of Columbia to halt Facebook’s “illegal, anticompetitive conduct” and block the company from continuing this behavior in the future.Additionally, the collation is asking the court to restrain Facebook from making further acquisitions valued at million or more without advance notice to the states.Finally, they’re asking the court to provide any additional relief it determines is appropriate, including the divestiture or restructuring of illegally acquired companies, or current Facebook assets or business lines.Responding to the lawsuits, Facebook released this statement on Twitter: 2831
WASHINGTON (AP) — The Pentagon plans to free up a big chunk of its military airwaves in the U.S. for high-speed internet service, part of a broader push to get ahead of China in the deployment of 5G wireless technology. The Trump administration announced Monday that it has identified radio spectrum used for radar defense systems that can be shared with commercial telecommunications providers without compromising national security. White House officials said that the Federal Communications Commission will be able to auction the 100 megahertz of “mid-band” spectrum beginning in December 2021 for use as soon as mid-2022. 633