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Britney Spears’ Mother Lynne Spears Fires Back at Her and Jamie Lynn Spears’ Fan Critics

CWEB Staff

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August 12, 2021

Britney Spears’ Mother Lynne Spears Fires Back at Her and Jamie Lynn Spears’ Fan Critics

After the court hearing about fighting conservatorship from her father , Britney wrote on Instagram, “I don’t like that my sister showed up at an awards show and performed MY SONGS to remixes !!!!! My so-called support system hurt me deeply !!!! This conservatorship killed my dreams.”

Britney is trying to remove her father the ex-husband of Lynne Spears, Jamie Spears, as her co-conservator, which her mother endorsed.

Many have criticized that Britney’s mother Lynne and her sister Jamie Lynn’s say they have not supported the Britney amid her personal and legal battles. Britney spoke out against her “abusive” conservatorship, which she said her family adopted for 13 years.

Lynne was involved in Britney’s legal fight against her conservatorship. In July, she filed a court petition asking the judge to allow the singer to hire her own lawyer, which ended up being granted. Documents were filed by her new attorney , but the Court Judge Brenda Penny has denied a request from the Britney’s lawyer, Mathew Rosengart to officially remove Jamie as the conservator of her estate. The judge recently denied the lawyer’s request to move up a September 29 hearing about the issue.

Jamie Lynne spears breaks silence on Britney Spears’ shocking conservatorship testimony. “I just want to take a second to address a few things,” Jamie Lynn began. “The only reason I haven’t before is because I felt like until my sister is able to speak for herself and say what she felt she needed to say publicly, that it wasn’t my place, or it wasn’t the right thing to do. Now that she has very clearly spoken and said what she needed, I feel like I can follow her lead and say what I feel I need to say.” Reports E-News!

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Nikola Corporation received an award from the U.S. Department of Energy to advance its research into autonomous refueling technologies for future hydrogen fueling stations

CWEB Staff

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August 12, 2021

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Nikola Corporation received an award from the U.S. Department of Energy to advance its research into autonomous refueling technologies for future hydrogen fueling stations

Nikola Corporation (NASDAQ: NKLA), designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy infrastructure solutions, announced August 12 they received an award from the U.S. Department of Energy to advance its research into autonomous refueling technologies for future hydrogen fueling stations for approximate $2 million to advance its research into autonomous refueling technologies for future hydrogen fueling stations.

The grant is funded by the US Department of Energy’s Energy Efficiency and Renewable Energy (EERE) Transportation Office under the recently announced Hydrogen and Fuel Cells R&D FY2021 FOA (#HydrogenNow).

“This funding is essential to advance key hydrogen fueling technologies that can improve the overall efficiency of fuel-cell commercial vehicles, while maintaining the safety and reliability standards required,” said Pablo Koziner, president, Energy and Commercial, Nikola. “The work we are doing with the Department of Energy and our partners on fueling technology is part of Nikola’s wholistic approach to the hydrogen ecosystem; supplementary to our work on heavy-duty vehicles, infrastructure, and energy solutions.”

In other news, announced today an expansion to its dealer network for its Class 8 truck sales and service coverage with the addition of Alta Equipment Group (NYSE: ALTG).

Zacks reports, Investors in Nikola Corporation NKLA need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 27, 2021, $13.50 Call had some of the highest implied volatility of all equity options today.

The share price has been 30% into the red in 2021 and lost as much as 73% in value over the past 12 months.

Former Executive Chairman of Nikola, Trevor Milton sold 7 million of his 79 million shares in the electric truck startup, Nikola last week, for $71.5 million most likely for his legal battle for federal fraud charges. The SEC is suing Milton for alleged violations of federal securities laws.

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FDA planning to allow third dose of vaccine for Americans with weak immune systems

CWEB Staff

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August 12, 2021

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FDA planning to allow third dose of vaccine for Americans with weak immune systems

Sources have told NBC News that the Food and Drug Administration (FDA) is planning to allow Americans, who have weak immune systems due to pre-existing ailments, to get a booster shot of either the Pfizer-BioNTech or the Moderna COVID-19 vaccine. The announcement of emergency use approval could come as early as Thursday, according to two sources who are familiar with the matter.

In July, a panel of advisers to the Centers for Disease Control and Prevention (CDC) had indicated that a third dose was essential for immuno-compromised adults. Doctors believe that many of these adults are vulnerable although they have already taken two doses. They have a low immune response to the shots.

According to the CDC about 2.7 percent of American adults have low immune responses due to various ailments. Most of them include

Patients who have had organ transplants.
Patients who are undergoing cancer treatments.
Patients who have HIV.

According to several studies such patients have developed little or no antibodies after taking both the doses of the vaccine. They have been advised to maintain social distance and wear masks even after taking two shots. A booster shot might help them develop antibodies.

The Pfizer and Moderna vaccines have been effective in healthy people who have received two jabs. Few breakthrough cases of COVID-19 have been seen and most of them have been mild or asymptomatic. These vaccines have been successful in preventing hospitalizations and deaths among the vaccinated.

The FDA would most likely authorize emergency use authorization of a third dose, or a booster shot for immuno-compromised persons on Thursday. Once the FDA authorizes this approval the CDC advisory group might vote officially recommend a third dose for this group. Following this, doctors would start prescribing additional doses. The CDC group is planning to meet on Friday.

Several countries including Chile, Israel, France, and Germany have already approved the use of a booster shot or a third dose. The delta variant, which is surging through the nation and the world, is highly transmissible and has caused breakthrough cases among the vaccinated though the hospitalizations and deaths have been extremely low. A third shot for the immuno-compromised is a good step forward to fight the delta variant of COVID-19.

Earnings windfall for FinTech’s as Coinbase and Upstart report over 11-fold growth in revenue

CWEB Staff

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August 11, 2021

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The latest quarterly reports by two fintech companies: Coinbase and Upstart Holdings reported historic growth rates in their recent quarterly reports on Tuesday night. The most valuable tech companies such as Facebook, Google and more never experienced such growth rates.

Coinbase

The cryptocurrency exchange reported a 12-fold increase in revenue from a year ago to $2.23 billion. It went public in April. It has a diluted market cap of $77 billion. Its recent quarter trading volumes were at $462 billion and its volumes in same quarter last year were at $28 billion while assets increased from $26 billion to $180 billion. Net profit saw an almost 4,900 percent increase from a year earlier and stood at $1.6 billion.

Upstart

The online lender said that its revenues increased 11-fold from a year earlier to $194 million. Upstart filed its IPO in December at $20 per share. On Wednesday, it saw a rise of 24 percent. Its current share price is approximately $170, and its market value is over $12 billion.

In private markets, fintechs also have huge valuations according to CB Insights, which is a research and analytics firm. The firm said that eight among 20 of the most valuable private tech firms were fintechs. Some of their values are as follows:

Stripe – $95 billion
Sweden’s Klarma – $45.6 billion
K.’s Revolut – $33 billion
Brazil’s Nubank – $30 billion
Chime – $14.5 billion
Plaid – $13.4 billion

These new age fintech companies are slowly taking over the activities of banks as there are changes in both consumers expectations as well as the way money flows. JP Morgan Chase’s CEO Jamie Dimon had cautioned shareholders in his annual letter in April when he mentioned that banks were playing a smaller role in the financial system.

The number of fintechs – both private and public are increasing, and they seem to be in the right place at the right time as there is a huge consumers shift, and their platforms are used for a plethora of financial services instead of traditional banks.

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Alcoholic Mountain Dew Drink latest new offering in 2022 by PepsiCo and Boston Beer

CWEB Staff

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August 11, 2021

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Alcoholic Mountain Dew Drink latest new offering in 2022 by PepsiCo and Boston Beer

The Boston Beer Company and PepsiCo today announced plans to enter a business collaboration to produce HARD MTN DEW alcoholic beverage. The partnership unites Boston Beer’s world-class innovation and expertise in alcoholic beverages with one of PepsiCo’s most iconic and beloved brands.

PepsiCo and Boston Beer said that they were collaborating to make a new drink which would be called Hard Mtn Dew. This new drink will be an alcoholic version of the popular Mountain Dew by the beverage giant. Boston Beer will take charge of developing and producing the drink while PepsiCo will sell, market and deliver the product to shelves as a new entity in early 2022. Executives said that the brands had come together with the new product as consumers’ tastes were evolving. WebFans are super excited

The current details available about the new beverage are as follows:

It will be a flavored malt-based beverage.
It will contain five percent alcohol.
Early images show that it will have a zero-sugar base.
There will be three flavors: original, black cherry and watermelon.

Last year Coca Cola had announced that it would create an alcohol beverage called Topo Chico Hard Seltzer with Molson Coors Beverage. In October, PepsiCo followed suite and its CEO Ramon Laguarta told analysts that they would consider entering the alcohol-based drinks category. In June, PepsiCo filed an application for a trademark for Rockstar-branded beer and hard seltzer.

Boston Beer has been struggling with its products and its projections for Truly hard seltzer in its recent quarter results projections were much higher than actual sales and the brewer’s stock slid down by 26 percent in a single day making the company cut its full-year forecast. On Tuesday, Boston Beer saw a small slide of 2 percent. The total fall in stocks since the beginning of the year is now about 32 percent and its market value is $8.2 billion.

The IWSR, an industry tracker said that alcohol consumption is at its highest rate in almost 20 years, but beer consumption has fallen by 2.8 percent.

PepsiCo, on the other hand, saw. a slight increase in trade on the same day. The beverage giant has gained about 4 percent this year and its current market value is $213.3 billion.

Early this year, PepsiCo launched Mtn Dew Rise Energy endorsed by LeBron James, which was the first PepsiCo endorsement by the NBA superstar. The beverage giant has been looking to elevate the Mountain Dew brand as it is in the fifth place according to Euromonitor. Hard Mtn Dew will be marketed by PepsiCo to adults of legal age and the drinks giant will follow all the rules required to market alcohol beverages.

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One Week YouTube suspension for Sen. Rand Paul for misleading mask information

CWEB Staff

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August 11, 2021

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One Week YouTube suspension for Sen. Rand Paul for misleading mask information

On Tuesday, YouTube suspended Senator Rand Paul’s account on its social media platform. The popular video sharing channel said a video that he had posted had violated their company’s policy on COVID-19 misinformation. His video mentioned that cloth masks were ineffective. After his ban, he tweeted that it was an honor.

Earlier, Paul had wrongly claimed that most masks available over the counter didn’t work, nor did they prevent infections. He also said that cloth masks didn’t work.

A spokesperson for YouTube told NBC that claims that say that wearing a mask was dangerous or caused negative physical health effects or that masks didn’t have role in stopping the transmission or contraction of COVID-19 was against their policy on COVID-19 misinformation.

The spokesperson added that they removed content from Senator Paul’s channel as he had claimed that masks were ineffective in preventing the contraction or transmission of COVID-19 in according with their COVID-19 medical misinformation policies.

The spokesperson said that he received a first strike on the channel because of his claims and that meant that he couldn’t post content for a week as per their longstanding three strikes policy.

After his suspension on YouTube, the Kentucky senator not only called it a badge of honor on Twitter but also called them “leftwing cretins” and said that his video quoted 2 peer reviewed articles that said that cloth masks didn’t work.

In another post on Liberty Tree, which is a conservative website, Paul said that he had not lied, nor had he used expletives, nor had he spread misinformation. Instead, he said that he had spoken the truth and that the government was intent on curtailing basic liberties using the COVID-19 pandemic as an excuse. In the recent past, Senator Paul Rand has faced off with diseases expert Dr. Anthony Fauci on the senate floor as well.

Public health experts are almost unanimous in their view that all types of masks work. Dr. John Brooks said that N95 and surgical masks were usually worn once by health professionals and ended up in a landfill while cloth masks were reusable, durable and maintained effectiveness even after regular washing. Dr. Brooks is the chief medical officer of the Centers for Disease Control and Prevention’s COVID-19 response program.

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Lyft Drive Arrested Who Attacked Celebrity Country Singer Clare Dunn

CWEB Staff

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August 11, 2021

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Lyft Drive Arrested Who Attacked Celebrity Country Singer Clare Dunn

The driver who allegedly was attacking country singer Clare Dunn has been arrested. Metropolitan Nashville Police Department reports they arrested Albert Boakye, 46

The attack took place in when she took Lyft to return to her home on June 26^th, 2021.

The arrest warrant reports-“ Albert Boakye picked Dunn up in downtown Nashville at 12:30 a.m. on June 26th and got into an argument with Dunn after missing a turn to her home. He abruptly stopped the car and opened the passenger door to pull Dunn out by her shirt, then grabbed her by the neck and threw her to the ground before leaving. Dunn was left with facial injuries and bruises, which she documented online. Reports Yahoo News

Dunn releases a new album “ In This Kind of Light”, including a recently released single “Holding Out for a Cowboy.”

The singer writes on her Instagram — “this is hard for me to post and share, but i share this ONLY to say if it can happen to me, it can happen to you. Thank you for all the messages, calls, and texts over the weekend. I am so very appreciative of everyone’s love and support.”

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A post shared by Clare Dunn (@claredunnmusic)

Senate passes historic $1 trillion infrastructure bill as a bipartisan effort to reshape America

Politics
US

CWEB Staff

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August 11, 2021

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Senate passes historic $1 trillion infrastructure bill as a bipartisan effort to reshape America

On Tuesday, the Senate voted to approve of the $1 trillion infrastructure bill that has been in the making since months. This was long overdue since no major bill of such a nature has been passed through the past decade. Despite several roadblocks, President Biden has been insistent that the infrastructure bill should be a bipartisan effort. It now faces challenges in the House as progressive Democrats are looking at additional spending.

Vice President Harris presided over the Senate today to bring in the historic vote. She gaveled in the final 69-30 tally which was the culmination of long drawn efforts by members from both the Republican and the Democratic parties. Nineteen Republicans including the Senate Minority Leader Mitch McConnell voted in favor of the bill despite opposition from Trump and his supporters in the Senate.

After the vote on the Infrastructure bill, the Senate voted along strict party lines 50-49 to start a debate on a $3.5 trillion budget resolution. The Democrats hope to pass a broader package of investments though they do not have support from the GOP including its leader in the Senate.

The infrastructure bill roughly includes the following expenditures

Roads and bridges – $110 billion
Electric grid and power infrastructure – $73 billion
Passenger and freight rail – $66 billion
Broadband – $65 billion
Water systems and infrastructure – $55 billion
Western water storage – $50 billion
Public transit – $39 billion
Airports – $25 billion
Environmental remediation projects – $21 billion
Ports and waterways – $17 billion
Electric vehicles – $15 billion
Road safety – $11 billion.

Republican Rob Portman of Ohio and Democrat Krysten Sinema of Arizona, who were the leads in refining the bill to a shape that could obtain bipartisan support, said in a statement on Tuesday that the bipartisan Infrastructure Investment and Jobs Act would modernize roads, bridges, ports and several other key infrastructure assets across America.

They added that it would

create jobs
increase productivity
add economic growth and prosperity for future decades.

They also said that it would not raise taxes on everyday Americans or increase inflation. However, the nonpartisan Congressional Budget Office said that budget deficits could increase by $256 billion over a period of 10 years. The office report did not factor in potential increases in revenue which would accrue as a result of economic growth.

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Florida receives hundreds of ventilators as COVID-19 cases reach higher than ever peaks

Health
US

CWEB Staff

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August 11, 2021

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Florida receives hundreds of ventilators as COVID-19 cases reach higher than ever peaks

The U.S. government has sent hundreds of ventilators to Florida as the surge in COVID-19 cases continues. Other pieces of equipment to help treat the record number of hospitalized Floridians have also been sent. An official of the Department of Health and Human Services told NBC News that the devices came from the Strategic National Stockpile of the federal government.

The devices that have been given by the federal government include:

200 ventilators
100 smaller breathing devices
related supplies.

Local and state health officials had asked for equipment from the federal stockpile. When asked about the request on Tuesday by WPLG-TV, Miami, who was the first to report about the allotment of ventilators, Governor Ron DeSantis said that he didn’t know about the federal allocation.

DeSantis said that he had not heard about it, so he had to check whether the allocations was “true or not.” He said that he had honestly doubted that it was true, but he would look into the matter. He also said that they had a lot of stuff that they had stockpiles over the earlier year and a half through the Department of Emergency Management.

DeSantis, who has recently been facing some opposition from school districts as he had reportedly threatened to withdraw their payment if they enforced mask mandates, said that he had not seen any requests on his desk nor had he been notified about the matter. Some school districts have defied his diktats while others have toed in line.

DeSantis has been on a collision course with the Biden administration as well. He had also mentioned that low vaccination rates were not the cause of infections but alleged that Biden’s immigration policies led to the surge in infections.

University of Florida Shands CEO Ed Jiminez said on MSNBC that there was a rapid, accelerated rise (of COVID-19) that was unprecedented. He also said that 90 percent of the patients in his hospital were unvaccinated.

Florida has been strongly affected by the spread of the delta variant of the coronavirus. On Tuesday, these were the current facts and figures according to the Florida Hospital Association:

14,787 people were hospitalized which was 145 percent higher than its peak in July 2020.
Almost 90 percent of Florida’s ICU beds were occupied.
Nearly 85 percent of all patients’ beds were in use.

Amazon will pay customers up to $1,000 for products sold by third-party sellers that caused damage or personal injury.

CWEB Staff

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August 10, 2021

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Amazon will pay customers up to $1,000 for products sold by third-party sellers that caused damage or personal injury.

Customer satisfaction has always been important to Amazon. The company announced Tuesday that it will deal with customer satisfaction itself an Amazon will now go after companies if a third-party seller is unresponsive compensating customers with valid claims. The change will take effect September 1 for all products sold on its website.

Amazon said it will “address the immediate customer concern, bear the cost ourselves, and separately pursue the seller.” If the seller rejects the claim, Amazon said it might step in to help address the problem pay up to $1,000 at no cost to the seller.

“This streamlined process will save time, money, and effort for both customers and sellers,” Amazon said about its new “A-to-z Guarantee.” That represents a shift from the current process of having buyers contact sellers directly about problems.

There have been many complaints from customer about faulty items being sold on Amazon. A lawsuit was filed “Oberdorf v. Amazon,” about whether Amazon would be or can be held for damages for items sold by 3^rd party sellers on its website.

Amazon (AMZN) said in its terms and services, “If you purchase any of the products or services offered by these businesses or individuals, you are purchasing directly from those third parties, not from Amazon,” according to its conditions of use. “Amazon does not assume any responsibility or liability for the actions, product, and content of all these and any other third parties.”.

Amazon will now be assuming some of that liability.

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CWEB NEWS

Britney Spears’ Mother Lynne Spears Fires Back at Her and Jamie Lynn Spears’ Fan Critics

Nikola Corporation received an award from the U.S. Department of Energy to advance its research into autonomous refueling technologies for future hydrogen fueling stations

FDA planning to allow third dose of vaccine for Americans with weak immune systems

Earnings windfall for FinTech’s as Coinbase and Upstart report over 11-fold growth in revenue

Alcoholic Mountain Dew Drink latest new offering in 2022 by PepsiCo and Boston Beer

One Week YouTube suspension for Sen. Rand Paul for misleading mask information

Lyft Drive Arrested Who Attacked Celebrity Country Singer Clare Dunn

Senate passes historic $1 trillion infrastructure bill as a bipartisan effort to reshape America

Florida receives hundreds of ventilators as COVID-19 cases reach higher than ever peaks

Amazon will pay customers up to $1,000 for products sold by third-party sellers that caused damage or personal injury.

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