BIZ: Zoom’s making some changes. Quick refresher: lately, the amount of people using Zoom has skyrocketed. So have the problems. In a word: Zoombombing. So Zoom let the world know they’ve been working on some security updates. Fast forward to today, and those updates - dubbed Zoom 5.0 - are here. Hint: Zoom 5.0 comes with a more sophisticated encryption standard - plus it lets meeting hosts report “misbehaving” guests to Zoom. In other news, a major flight attendant union is asking airliners and the US depts of Transportation and Health and Human Services to pretty please crack down on leisure air travel.
WORLD: Recently, a 29 year old man was shot and killed during protests over food and gas shortages in Venezuela. Two other people were also reportedly shot during the protests. You read that right. The country’s military head said 10 people were arrested during what he called “riots” - but didn’t give any info on the man’s death. This comes as Venezuela’s seen an uptick in protests and looting amid rising food prices. Meanwhile, over in the US, House Dems are calling on the HHS inspector general to look into the ousting of Dr. Rick Bright, the Trump team official who was previously in charge of developing and buying coronavirus vaccines and medicines. See: Bright says he was fired because he didn’t exactly agree with Trump.
ECONOMY: The week’s jobless claims are in. Spoiler: they’re not good. As in 4.4 million more people filed for unemployment in the US, bringing the total to over 26 million. That means millions and millions of Americans have essentially lost their jobs each week for the past month. Reassuring. In other news, Sweetgreen (as in the restaurant chain) is following Shake Shack’s lead and handing back their $10 million gov stimulus loan. We’ll remind you: the Paycheck Protection Program ran out of money before lots of small bizes even had the chance to apply for loans. Now, it looks like some bigger bizes are giving up their loans after facing some backlash.