The Daily Factum
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Meta Platforms Q3 2023 Earnings Surpass Expectations
Broke On: Wednesday, 25 October 2023Meta Platforms reported Q3 2023 revenue of $29.01 billion, beating estimates of $27.84 billion. The company's net income was $9.5 billion, or $3.22 per share, surpassing the expected $2.71 per share. Meta's daily active users (DAUs) were 1.93 billion on average for September 2023, an increase of 7% year-over-year. Meta reported a slowdown in user growth in its mature markets, including the United States and Canada. The company warned of potential headwinds, including regulatory scrutiny and changes in privacy norms, which could impact its advertising business. Escalation in Israel-Hamas Conflict Leads to Humanitarian Crisis in Gaza
Broke On: Wednesday, 25 October 2023The conflict between Israel and Hamas escalated on October 25, 2023, with both sides exchanging fire. The United Nations reported that no aid trucks have been able to enter Gaza due to the conflict, leading to a severe shortage of food, water, and medical supplies. Gaza's only power plant has shut down due to lack of fuel, resulting in widespread power outages. The Israeli military claimed to have destroyed a significant portion of Hamas' rocket-launching capabilities. There have been reports of civilian casualties in Gaza, including children. California Governor Newsom's Promotion of Chinese EV Amid Economic and Political Tensions
Broke On: Tuesday, 24 October 2023California Governor Gavin Newsom promoted a $160,000 electric vehicle (EV) produced by Chinese automaker GAC Motor during his trip to China. Newsom signed several Memorandums of Understanding (MOUs) with Chinese entities, aiming to foster economic and environmental cooperation between California and China. Newsom's actions have been criticized by some who view them as a potential conflict of interest, given the ongoing trade and political tensions between the U.S. and China. Newsom's trip to China comes at a time when California's economy is showing signs of slowing down. Representative Jamaal Bowman Charged for Pulling Fire Alarm in Capitol Building
Broke On: Wednesday, 25 October 2023Representative Jamaal Bowman was charged with a misdemeanor for pulling a fire alarm in the Capitol Building on October 25, 2023. The alarm was pulled to delay a House vote, leading to the evacuation of a portion of the Capitol Building. Trump's Civil Fraud Trial: Key Developments
Broke On: Wednesday, 25 October 2023Former President Donald Trump is facing a civil fraud trial in New York. Michael Cohen, Trump's former personal attorney, testified against him, alleging that Trump inflated the value of his assets to secure loans. Trump's defense team has been cross-examining Cohen, questioning his credibility due to his past criminal convictions. The judge presiding over the trial has called on Trump's lawyers to ask more focused questions, expressing concern over the length of the trial. Mike Johnson Nominated by Republican Study Committee for House Speaker
Broke On: Thursday, 18 November 2021Mike Johnson was elected by the Republican Study Committee as their nominee for the Speaker of the House. Matt Gaetz, despite not winning the nomination, drew significant attention and support. Tai Chi May Slow Down Progression of Parkinson's Disease Symptoms, Study Finds
Broke On: Tuesday, 01 June 2021A recent study found that practicing Tai Chi can help slow down the progression of symptoms in Parkinson's disease patients. The Tai Chi group showed a 0.3 point increase on the UPDRS scale, while the stretching group showed a 3.2 point increase. Understanding Inflammatory Breast Cancer and the Importance of Early Detection
Broke On: Wednesday, 25 October 2023Inflammatory breast cancer (IBC) is a rare and aggressive form of breast cancer that does not typically present as a lump. Advances in breast cancer care, including more effective chemotherapy regimens, targeted therapies, and improved surgical techniques, have improved the prognosis for many patients. Early detection of breast cancer, including IBC, is crucial for improving outcomes. Mammograms are the most common screening tool for breast cancer. Kylie Jenner Announces New Fashion Line 'Khy'
Broke On: Tuesday, 15 February 2022Kylie Jenner is launching a new fashion line named 'Khy'. Jenner has previously found success with her cosmetics brand, Kylie Cosmetics. Rumored Relationship Between Travis Kelce and Taylor Swift Sparks Mixed Reactions
Broke On: Saturday, 15 January 2022Travis Kelce and Taylor Swift were spotted having a private dinner at The Curtain in London, sparking rumors of a potential romantic relationship. Travis's father, Ed Kelce, expressed approval of the rumored relationship, while his brother, Jason Kelce, expressed concern. Former NFL player Rob Gronkowski jokingly suggested that Travis should focus on his football career rather than pursuing a relationship with Swift.