- GameStop Stock Is Tumbling Because Its Earnings Report Mattered After All (Barron’s) – GameStop stock was falling fast on Wednesday after the company’s fiscal fourth-quarter results disappointed analysts. There’s also another elephant in the room: The company is considering selling more stock, which could dilute its shares.
- Congress set to grill Facebook, Google and Twitter CEOs on extremist content, misinformation (Deseret News) – Less than 48 hours after Utah Gov. Spencer Cox vetoed a controversial bill aiming to impose new moderation regulations on social media platforms, a U.S. House joint committee will take up some of the same issues in a Thursday hearing that will include the CEOs of Facebook, Google and Twitter.
- Amazon exec jabs Sanders, touts company’s progressive policies ahead of union vote (Fox Business) – Amazon was one of the first companies to raise its minimum wage to $15 per hour after Sanders pressure campaign.
- Billionaire Mark Cuban launches digital art gallery called Lazy.com to display NFTs (The Hill) – Non-fungible tokens (NFT) are unique identifiers tied to blockchain technology, a decentralized database of records, and increasingly used by digital artists.
- CDC won’t allow cruise companies to return to business in July (Atlanta Journal Constitution) – The Centers for Disease Control and Prevention has rejected a request by the cruise industry to immediately lift a no-sail order that would have allowed ships to resume business in U.S. waters by July, months ahead of a previously announced November return date.
