Thursday☕️

Nov 14, 2024 • 5 min read

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Yesterday morning, FBI agents raided the Manhattan apartment of Polymarket CEO Shayne Coplan, a week after his election-betting platform correctly predicted Donald Trump’s victory. At 6 a.m., agents reportedly woke the 26-year-old in his Soho residence, demanding his phone and electronic devices.
A source close to Coplan called the raid “political theater,” suggesting it was staged to gain media attention and that agents could have requested the items through legal channels. Although no reason was given for the raid, the source speculated it was politically motivated, possibly in response to Polymarket’s accurate election prediction and claims in the media that the platform manipulated forecasts in Trump’s favor.

Economics & Markets:

Politics:

Former President Donald Trump announced three key appointments for potential roles in his administration. He named Tulsi Gabbard as Director of National Intelligence (DNI), a position responsible for overseeing all 18 U.S. intelligence agencies, coordinating their activities, and providing the president with daily intelligence briefings. Gabbard, an Army Reserve officer and former congresswoman, has been known for her critical views on U.S. intelligence practices and will bring that perspective to managing national security efforts.
Trump also appointed Rep. Matt Gaetz as Attorney General, placing him in charge of the Department of Justice (DOJ), which enforces federal laws and oversees agencies like the FBI. Gaetz, a strong Trump ally and vocal critic of the FBI, will focus on DOJ reforms, border security, and rebuilding public trust in the department.
Lastly, Trump selected Pete Hegseth as Secretary of Defense. In this role, Hegseth would lead the Department of Defense, overseeing the U.S. armed forces and advising on military policy. A National Guard officer with combat experience and a Fox News host, Hegseth has often advocated for military priorities and support for service members, bringing both military and media experience to the role.

Environment & Weather:

Within the past 24 hours, several major environmental events have occurred globally. In Indonesia, Mount Lewotobi on Flores Island has continued its eruption, sending ash clouds five miles into the sky. This ongoing eruption has forced thousands to evacuate, tragically resulting in nine deaths and dozens of injuries. Major airlines, including Qantas, Virgin Australia, Jetstar, and AirAsia, have canceled flights due to hazardous conditions, leaving many tourists stranded.
In Europe, severe weather over the last 24 hours has led to significant flooding. In Sicily, Italy, powerful storms have flooded cities like Syracuse and Catania, with rivers overflowing and roads blocked. Rescue teams have evacuated people from affected areas and are working to clear mud and water from streets. In Spain, heavy rains have flooded homes and businesses in Málaga and Valencia, prompting Spain’s weather agency to raise alerts. Thousands have been evacuated, and high-speed train services have been suspended.
In Colombia, intense rains within the last 24 hours have caused extensive flooding in Medellín and the Chocó region. Overflowing rivers have displaced thousands, leaving many families homeless and causing severe damage to infrastructure. President Gustavo Petro has declared a national emergency as roughly 30,000 families in Chocó are severely affected, and emergency response efforts are underway.

Space:

Last night at 12:23 a.m. EST, SpaceX launched 20 new Starlink satellites from Vandenberg Space Force Base in California, expanding its satellite internet network. Among these were 13 satellites equipped with direct-to-cell technology, which allows ordinary cell phones to connect directly to Starlink satellites. This technology provides internet access in places where traditional cell towers are unavailable, aiming to improve connectivity in remote and underserved areas.

Cybersecurity:

Recently, a major data breach at Hot Topic exposed personal information for nearly 57 million customers, including emails, names, addresses, and partial credit card details. The breach reportedly happened when a hacker accessed an employee’s compromised computer and an unprotected database account in Snowflake. The hacker is demanding $100,000 from Hot Topic to avoid further leaking this data.
In a similar incident, Alltech Consulting Services left a database with over 2 million records publicly exposed, affecting more than 200,000 job seekers. This database contained sensitive information like names, contact details, salary expectations, work history, and the last four digits of Social Security numbers. After the exposure was reported, Alltech quickly secured the database by adding password protection.
Additionally, a data leak involving an Amazon vendor handling property management exposed work contact information, including emails, phone numbers, and job locations, for potentially millions of Amazon employees. This incident is related to the 2023 MOVEit vulnerability, which affected several companies and led to accidental exposure of sensitive data across various systems.

Science & Technology:

Researchers at the University of Sydney have developed a new cancer treatment method that uses artificial intelligence (AI) in MRI-guided machines to improve radiation therapy. This technology helps doctors create clear, real-time images of tumors, which can move inside the body. With these images, AI allows doctors to adjust radiation targeting as the tumor shifts, focusing precisely on the cancer while avoiding nearby healthy tissue. This approach is designed to reduce side effects and improve how well the treatment works.

Statistic:

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