Author: nick

Are the media responsible for the demise of a famous black professor at the University of Cambridge? Jason Arday was found dead last week after resigning from the university following widespread serious plagiarism allegations. But his defenders say Arday was unfairly targeted by racist reactionaries. Sadiq Khan, the mayor of London, assailed the media for engaging in a campaign of “pernicious public shaming,” and the activist group Stand Up to Racism said he’d been subjected to a racist witch hunt. Most notably, the anti-racist activist Ibram X. Kendi stated unequivocally that “the media lynched Jason Arday.” The death of Jason…

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Following an executive order that called for breaking up the combination measles, mumps and rubella, or MMR, vaccine, Health and Human Services Secretary Robert F. Kennedy Jr. said that a “recent” study “just came out” that “very strongly supports” the idea. But there’s no evidence of any such credible study, past or present. In a CNN interview that aired on Aug. 15, Kennedy defended President Donald Trump’s Aug. 10 executive order on childhood vaccines, which among other things, asked officials to begin pursuing a way to offer single-disease shots. Those vaccines have not been available in the U.S. for nearly…

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Happy Tuesday, and welcome to another edition of Rent Free. This week, we take a look at the final chapter in the long-running development battle over San Francisco’s “historic laundromat.” When I first interviewed Robert Tillman about his effort to convert his laundromat in San Francisco’s Mission District into a 75-unit apartment building in 2018, he quipped that “it’s taken me longer to get to this point than it took for the United States to win World War II.” At that point, he’d already spent four years in the entitlement process and close to $1 million on predevelopment costs. Rent…

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The world’s largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities. Strategy (MSTR), the world’s largest corporate bitcoin holder, reported Thursday an $8.2 billion second-quarter net loss after the cryptocurrency’s price decline erased billions of dollars from the value of its digital asset holdings. The quarterly loss was driven almost entirely by an $8.32 billion unrealized markdown on its bitcoin holdings under fair-value accounting. The company held 843,775 bitcoin as of July 26, up 25% from the start of the year. At current…

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