🧐 Facebook is a hostile foreign power

Today’s Picks

Facebook is a hostile foreign power. In 1947, Albert Einstein, writing in this magazine, proposed the creation of a single world government to protect humanity from the threat of the atomic bomb. (Adrienne LaFrance via The Atlantic)

LinkedIn is testing a new, paid ticketed events service. LinkedIn earlier this month unveiled a new push around creators to bring more original content (and engagement) to its platform, but that’s not the only effort they are making to bring more activity to its networking site. (Ingrid Lunden via TechCrunch)

Ford fortifies EV bet with four new factories in Tennessee and Kentucky. Ford Motor Co. plans to build its first new U.S. assembly plant in decades, along with three battery factories, to fortify its push into electric vehicles as the industry accelerates green-tech investments. (Mike Colias via Wall Street Journal)

Facebook is spending $50 million to 'responsibly' build the metaverse. Facebook has announced a $50 million fund that it says will help it develop the metaverse more responsibly. It’s officially called the XR Programs and Research Fund, and the company says it’ll be invested into “programs and external research” over the course of two years. (Mitchell Clark via The Verge)

Ruined Brazil Harvest Sparks Food Inflation... Everywhere. Brazil's crops have been scorched, frozen and then dried out by the worst drought in a century, upending global commodity markets. No country on Earth puts more breakfasts on kitchen tables than Brazil. (Peter Millard via Bloomberg)

Unvaccinated Americans say the need for booster shots proves Covid vaccines don't work, Kaiser survey shows. A Kaiser Family Foundation survey shows that 71% percent of unvaccinated respondents said boosters are a sign that vaccines are not working. The split in attitudes toward vaccines broadly continues to be a largely partisan one, the survey data… (Nate Rattner via CNBC)

U.K. Sees Signs Fuel Crisis Is Easing Even as Queues Persist. Improving situation not yet reflected in lines for gas: Shapps Government has put military on standby to help with deliveries Follow us at @BloombergUK for the latest news and analysis. (Kitty Donaldson via Bloomberg)

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