The news is a never-ending stream of information, much of which is redundant and irrelevant. However, some important stories break from time to time, often with significant implications. Discerning the difference between unimportant and important news can be challenging. The world has also been inundated with fake news lately making it even harder to discern what’s real and what isn’t. This article provides you with information on the top 10 most important news stories for the week ending November 3rd, 2018 so that you can quickly catch up on all the latest happenings in the world.
Bitcoin’s Price Continues to Fall
Bitcoin’s price continues to fall and is currently trading at around $5,000 per coin. Investors are “fearful” that regulators could impose new restrictions that would damage the cryptocurrency market. China has already banned all exchanges and initial coin offerings and other countries are expected to follow suit. Some investors are worried that the price of bitcoin could drop to nearly zero, although others believe it is a good time to buy. Similar situations have occurred in the past, such as in 2013 when the price of bitcoin fell from $1200 per coin to $100 and took years to recover.
US and China End Game?
The end of the US-China trade war seems to be near. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin have traveled to Beijing to negotiate the terms of a deal. Both countries are expected to make concessions and reach a deal that would lift tariffs on some Chinese goods. This would be a major step toward reducing trade tensions and strengthening economic ties between the two countries. If a deal is reached, it would be the biggest development in global trade this year.
US Election Fraud Investigator Testifies Before Congress
Bill Binney, a former NSA official who investigated election fraud in the 2004 presidential election, testified before Congress that the agency can hack into any computer network in the country. Binney’s testimony comes after President Donald Trump claimed without evidence that he would have won the popular vote if “you didn’t have people who are registered who are dead, who are illegals”. These comments have been seen by some as an attempt to delegitimize the 2020 election. However, Binney’s testimony would suggest that the administration may use these allegations as a pretext to expand election surveillance and continue its efforts to undermine American democracy.
Facebook Shakes up its Executive Team
Facebook’s CEO Mark Zuckerberg has announced changes to the company’s executive team. David Ginsberg, who has managed Facebook’s advertising business, will be leaving the company. Brian Schimpf, who manages Facebook’s virtual reality business, will replace Ginsberg. The changes are part of an effort to combat the backlash the company has faced over issues such as the Cambridge Analytica scandal. Facebook remains under immense pressure to address legitimate concerns while not stifling the innovation that has made it a success.
Google is Developing Intelligent Hearing Aids
Google is developing smart hearing aids that would perform a variety of functions for users. The company has been working on the technology for several years and has recently reached a significant breakthrough. The new hearing aids could have significant implications for the hearing-impaired community. Google’s intelligent hearing aids would allow users to perform tasks such as listening to music, making phone calls, and controlling appliances. The company hopes to commercialize the technology in the next few years.
Women in Games Conference Attendees Experience Harassment and Abuse
A group of women in the gaming industry who attended the “Level Up” gaming conference in Barcelona reported experiencing abuse and sexual harassment at the event. The women were harassed both online and offline by attendees, some of whom were security personnel. While the abuse was condemned by the event organizers, it highlighted the fact that women in gaming are frequently targeted for abuse and misogyny. Online gaming is often a hostile environment for women, and the situation is even worse in the real world.
New Zealand Shootings Were a Terrorist Attack, Not a Hate Crime
New Zealand authorities have determined that the Christchurch mosque shootings were a terrorist attack and not a hate crime. The country’s Prime Minister Jacinda Ardern has vowed to change the country’s laws to make them tougher on terrorism. The shootings were labeled a hate crime because they targeted Muslims, but terrorism is an act of violence committed to intimidate and coerce people. The two crimes are different in many ways and require different responses from the government.
Japan Proposes an International Electronic Identification System for Seafood Tracking
Japan has proposed an international electronic identification system for tracking seafood products as a way to minimize food fraud and minimize the environmental impact of overfishing. The proposal would use blockchain technology to track the source of seafood products and make them easier to trace. The system would be open source and accessible to governments, seafood importers, and consumers. The proposal would have significant implications for food safety, consumer rights, and the fishing industry.
Conclusion
The most important stories for the week ending November 3rd, 2018 were the US-China trade negotiations, blockchain-enabled seafood tracking, and Facebook newsfeed changes. Other significant stories included the end of Bitcoin’s price fall, election fraud allegations, and the Christchurch shootings. The news is always changing, and it’s important to keep up with current events.
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