Here are the headlines you Need2Know for Friday, March 26, 2021:

POTUS MEETS THE PRESS

President Biden opened his first formal press conference by announcing that the new vaccine goal is 200 million doses in his first 100 days, up from 100 million. That was the extent of the discussion about the pandemic. The rest of the presser focused mostly on immigration, filibuster reform, voting rights and foreign policy. Biden called attempts by Republicans to limit voting rights “sick” and “un-American” -- just as Georgia passed sweeping new restrictions. He blamed the Trump administration for the overcrowding at border facilities and said the government was doing everything possible to treat migrant children humanely. He also said his “expectation” is to run for reelection in 2024. AP

COVID-19: LATEST DEVELOPMENTS

COVID cases are back on the rise nationally, up about 10 percent week over week. Hospitalizations and deaths remain on the decline nationally, though a handful of states are seeing an uptick in deaths. Florida is opening up vaccine eligibility to all adults on April 5; California on April 15. More than 30 states now plan to drop all eligibility requirements by mid-April, ahead of President Biden’s May 1 goal. BLOOMBERG

N.Y. OK'S POT

Marijuana could be legally bought, sold and used in the Empire State as soon as next year. New York state lawmakers have agreed on a deal to legalize recreational cannabis for adults. Under the terms of the bill, which is expected to pass as soon as next week, Amsterdam-type smoking lounges would be permitted. The deal is billed as a restorative justice initiative, with its plan to reserve licenses for minority business owners and direct some of the tax revenue back to communities that have been especially hard hit by the war on drugs. Gov. Cuomo is expected to quickly sign it into law. NY TIMES

BOULDER LATEST

The man charged with killing 10 people at a grocery store in Boulder, Colo. made his first court appearance, where a judge ordered him held without bail. The suspected gunman’s defense lawyers are seeking a mental health assessment, as his family described him as paranoid and antisocial. The owner of the store that sold him a gun says he passed a state background check. DENVER POST

TROUBLE IN THE SUEZ

It could take weeks to get the Ever Given container ship unstuck from the Suez Canal, officials said. The 200,000-ton vessel remains wedged perpendicularly across the canal, completely blocking one of the busiest shipping lanes in the world. Now the big guns are coming in. SMIT Salvage, a legendary Dutch firm that is responsible for some of the most daring naval salvages ever, has been hired to lead the removal efforts. BLOOMBERG

TECH GRILLING

The CEOs of Facebook, Twitter and Google faced another grilling from lawmakers, without much in the way of progress on how to regulate social media. The hearing was centered on misinformation, but the focus at one point turned to children. Several Republicans raised concerns about the effects social media is having on kids, including Google’s YouTube Kids product, Facebook’s plans to create a version of Instagram for children under 13 and research that links social media to depression in teens. Mark Zuckerberg dismissed that concern, saying it was not “conclusive.” CHEDDAR

RECORD SETTLEMENT

USC reached a settlement with hundreds of women who accused a former campus gynecologist, Dr. George Tyndall, of preying on them. The university will pay more than $850 million to clear the suits. Combined with a separate $215 million federal class-action settlement from a couple years ago, the total cost to the university is $1.1 billion, the largest sex-abuse payout in college history. LA TIMES

IN MEMORIAM: JESSICA WALTER

Jessica Walter, best known for playing Lucille Bluth in Arrested Development, has died. Walter was a working actor for over five decades, starring in films and TV shows alongside Clint Eastwood and William Shatner, but it was her role as the sarcastic and manipulative matriarch of the Bluth family in the cult-favorite Fox show that spawned a million catchphrases and memes. Walter was 80. OBIT

SPOTTED...

...every celebrity vaccine selfie -- or “vaxxie” -- ranked from worst (Tony Bennett) to best (Dolly Parton): SEE THE LIST

...Chrissy Teigen’s famous Twitter profile, gone. Teigen said she deleted the social network once and for all after years of harassment, becoming the highest profile Twitter “power user” to quit: READ THE THREAD

LEFTOVERS: NOSE MASK

Researchers in Mexico have invented a COVID mask that only goes over the nose, which they say could help reduce transmission in restaurants when people are eating. The problem is that it looks like this: SEE IT

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Global Consumer Spending in Mobile Apps Reached $133 Billion in 2021, Sensor Tower Says
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
Florida's Seminole Tribe Suspends Online Sports Betting App After Federal Court Ruling
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Web3 Project Tool Thirdweb Raises $5 Million
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Coatue and Tiger Global Purchase $100 Million Braintrust Tokens to Seed Decentralized Web3 Talent Network
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Elon Musk Named Time's Person of the Year for Pioneering Work on Earth — and Beyond
Time magazine has unveiled SpaceX and Tesla CEO Elon Musk as Person of the Year for 2021. Jeffrey Kluger, editor at large for Time, told Cheddar that Musk's impact on so many facets of forward-looking industries like crypto, solar power, electric vehicles, and especially his work on space travel were the reasons behind the selection. "On balance, Musk is performing on so many levels and in so many venues that it was hard not to consider him our Person of the Year," he said. Kluger also noted that the choice is based upon the influence the subject has had, whether good or bad and is not a judgment on its own.
Unpacking Racial Trials in America
The recent verdicts of the Kyle Rittenhouse and Ahmaud Arbery murder trials have put a spotlight on the country's justice system. Experts have pointed to the explicit racial undertones in the high-profile trials, as well as the increased levels of stress that may be felt by communities of color because of the prevalence of these trials. Kailee Scales, CEO of Pencils of Promise and former first managing director of Black Lives Matter Global Network Foundation, joins Cheddar News to discuss.
Load More