The Daily Factum
Deprogramming the News
Breaking News
iOS 18: Customizable Lock Screen with Multicolor Clock and Special Camera App Privileges
Broke On: Wednesday, 12 June 2024Apple's iOS 18 update introduces customizable Lock Screen options, including a multicolor clock and special privileges for third-party camera apps. The redesigned home screen, control center, and Photos app are among other notable features. 
Broadcom Surges on Strong Q2 Earnings and $11B AI Sales Forecast
Broke On: Wednesday, 12 June 2024Broadcom, a chipmaker leader, reported Q2'24 earnings surpassing estimates at $10.96 per share on $12.5B revenue, driven by AI demand and stock split. Broadcom's custom AI chips attracted orders from Google, Meta and VMware sales growth. The company raised its annual revenue forecast for AI-linked chips to $11B in 2024. 
Paramount Global's Merger Talks with Skydance End: What's Next for the Media Giant?
Broke On: Wednesday, 12 June 2024Paramount Global's merger talks with Skydance Media have unexpectedly ended, leaving industry insiders questioning the media giant's future moves. Controlling shareholder Shari Redstone called off negotiations, halting plans for a merger between the two companies. Paramount faces challenges in its streaming business and declining cable-TV customer base while aiming to reduce debt and transform its strategy under new leadership. 
Federal Reserve Holds Rates Steady, Projects Fewer Cuts in 2024 Amid Persistent Inflation
Broke On: Wednesday, 12 June 2024The Federal Reserve kept interest rates unchanged and projected fewer cuts for 2024, despite easing inflation in May. Chair Jerome Powell emphasized the need for caution to maintain progress towards the 2% inflation target, with persistent issues in housing and ongoing high benchmark rates at 5.3%. The Fed raised its long-term rate forecasts to 2.8%, suggesting a shift from previous expectations. Renowned Polar Explorer Ernest Shackleton's Ship, the Quest, Discovered Off Newfoundland and Labrador Coast
Broke On: Wednesday, 12 June 2024Polar explorer Ernest Shackleton's ship, the Quest, was discovered off Newfoundland and Labrador's coast at a depth of 1,280 feet. Once carrying Shackleton on his final journey before his death in 1922, the Quest now brings closure to an important chapter in polar exploration history. Additionally, the remains of Shackleton's Endurance were discovered in March 2022. 
Rishi Sunak and Keir Starmer Clash Over Taxes and Immigration in Sky News Debate
Broke On: Wednesday, 12 June 2024During a heated Sky News debate, Rishi Sunak and Keir Starmer clashed over tax cuts, corporation tax increases, and immigration policies. While Sunak promised tax reductions under the Conservatives, Starmer pledged no income tax, national insurance or VAT hikes for Labour. The leaders also discussed the economy, NHS and illegal migration after record Channel crossings. 
Hezbollah Retaliates: Over 100 Rockets Fired into Israel After Senior Commander's Death
Broke On: Wednesday, 12 June 2024Hezbollah, a militant group with ties to Iran, retaliated against Israel for the killing of senior commander Taleb Abdallah by launching over 100 rockets on June 12, 2024. Abdallah was killed by an Israeli airstrike in Lebanon the previous day and was a key figure in planning attacks against Israel. His death marked the most significant escalation of violence since October 2023, resulting in evacuations and concerns for regional conflagration. 
Two Separate Incidents Leave One Person Dead and Suspect in Police Custody: Shooting at Downtown Mall and Bus Hijacking in Atlanta
Broke On: Wednesday, 12 June 2024In Atlanta on Tuesday, two separate incidents left one person dead: a shooting at a mall food court and an armed hijacking on a commuter bus. Suspect Joseph Grier, with 19 prior arrests and felony status, took control of the bus by threatening the driver with a firearm. A high-speed chase ensued through Atlanta traffic, resulting in Grier's apprehension near Stone Mountain but also causing fatal injuries to a passenger. Authorities are investigating both incidents. 
Arizona Man Arrested for Plotting Hate Crime Shooting, Faces Up to 40 Years in Prison
Broke On: Wednesday, 12 June 2024FBI thwarts potential mass shooting at Atlanta's State Farm Arena by Arizona man Mark Adams Prieto, indicted on firearms trafficking and hate crime charges. Prieto allegedly discussed race war plans with undercover agents, selling them multiple rifles including an AR-15 for the attack. 
ACLU Sues Biden Administration Over New Asylum Limits at Southern Border: Violation of Federal Immigration Law?
Broke On: Sunday, 09 June 2024The ACLU and migrant rights groups filed a lawsuit against President Joe Biden's administration, challenging the new asylum crackdown at the southern border. The lawsuit argues that Biden's order, which limits asylum processing once encounters with migrants reach 2,500 per day and suspendes asylum for those not arriving at designated ports of entry could violate federal immigration law. This is the first legal action against Biden's restrictive immigration policy change.
