On the Outs: Libra in Congress, Planned Parenthood, and Netflix

Skimm This

theSkimm

News

4.5 • 3.6K Ratings

🗓️ 17 July 2019

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, the head of Facebook’s global cryptocurrency project got a bipartisan grilling from the House Financial Services Committee. Lawmakers have been raising concerns about the crypto, called ‘Libra’: over who will regulate it, how Facebook will handle people’s private financial data, and whether their approach could break antitrust laws. We’ll break it down. Meanwhile, the president of Planned Parenthood has been ousted from the job after eight months. The organization reportedly wants make fighting for abortion rights a priority. We’ll explain. Also on today’s episode: why Netflix has gone back and edited an old scene from the show ‘13 Reasons Why,” and how Apple is giving us more ways to express ourselves. PS - If you or someone you know needs it, here’s the number for the National Suicide Prevention Lifeline: 1-800-273-8255. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Wednesday, July 17th.
0:03.2	Welcome to Schim this.
0:04.7	We're breaking down the most complex stories of the day and giving you the context on why
0:08.6	they matter.
0:10.2	Today we're diving into big tech and digital currencies.
0:13.4	We'll connect the dots on Facebook's cryptocurrency Libra and why lawmakers have some questions.
0:18.3	Then, the president of Planned Parenthood was replaced after less than a year on the job.
0:22.7	We'll give you the details.
0:24.6	And finally, it's World of Moji Day.
0:26.6	And there are new ways to say, is it Friday yet?
0:30.1	We're here to make your evening smarter.
0:32.3	Let's skim this.
0:39.1	Today's episode is brought to you by Sun Basket.
0:44.4	The most complicated story today is about your wallet.
0:47.9	Facebook wants to friend it and the wallets of all your other friends too.
0:52.6	They want to put your wallet on your phone and while they're at it, they want to take
0:56.0	out the dollars or euros or pesos and fill it with a whole new currency.
1:01.2	Called the Libra.
1:03.2	Last month, Facebook announced they're launching a new global cryptocurrency, along with 27
1:07.9	partner companies.
1:09.4	The governing body will be called the Libra Association.
1:12.6	Facebook says it would help people around the world exchange money faster, like a daughter
	...

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