TikTok Ban in Montana & Cali Gov Speeds Up Housing

Heyo, reader! We hope you’re having a good Friday morning!

Fun Fact: Did you know? Octopuses 🐙 have blue blood! 💙 While we humans show off with our iron-based red blood, octopuses are out here living their best copper-based life. Talk about being "blue-blooded" for real! 😂

Tricky Trivia: Who discovered penicillin?

(Answer is at the bottom of the newsletter)

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2️⃣ This Morning’s Two Reports:

  • 🥊 TikTok vs. Montana: The Battle Over App Ban

  • ⛪ California Gov. Speeds Up Housing for Churches

✂️ Market Snippet

  • DOW: 🔽 0.51% (33,631.14)

  • S&P 500: 🔽 0.62% (4,349.61)

  • NASDAQ: 🔽 0.63% (13,574.22)

  • BTC: 🔽 0.42% (26,756.90)

  • ETH: 🔽 1.74% (1,539.28)

*Stock numbers as of market close, cryptocurrency as of 7:35pm EST yesterday.

🥊 TikTok vs. Montana: The Battle Over App Ban

TikTok, the wildly popular video-sharing app, and its Montana-based content creators recently clashed in court, challenging Montana's controversial decision to ban the platform. ❌ The creators argue that such a ban not only hinders their freedom of expression but also poses economic threats to their ventures. On the flip side, Montana stands firm, citing concerns over user data potentially being accessed by the Chinese government. Amidst this tug-of-war, TikTok asks: why didn't Montana simply opt for restricted data access rather than enforcing a total app shutdown? The debate continues. 🚫🤷‍♂️

TL;DR ⏳: Montana wants to ban TikTok over data concerns. 🌐

⛪ California Gov. Speeds Up Housing for Churches

California Governor Gavin Newsom has just unlocked a potential solution for the state's housing woes. 🏡 He's green-lit two game-changing laws that will boost affordable housing. One such law allows developers to easily transform surplus lands of colleges and religious institutions into affordable homes. The other? An extension of a 2018 law that fast-tracks the building process by simplifying local permits for 10 more years. This move hopes to tackle California's significant homeless crisis, representing almost one-third of America's total homeless count. 👨‍👩‍👦

TL;DR ⏳: Newsom says "Yes!" to turning church and college land into affordable homes, plus extends an old law to make home-building easier. 🏗️

⚡ BulletList Roundup (10 Headlines)

  1. 🚁 Gov. DeSantis promises rescue for Floridians stuck in Israel

  2. 🤝 U.S. and Qatar unite to block Iran's $6 billion access post-Hamas terror strike

  3. 📜 Sen. Bob Menendez hit with allegations of representing a foreign nation

  4. 🏢 Trump's CFO accused of perjury regarding Trump Tower Penthouse details

  5. 📂 Ex-IRS contractor admits to unlawfully obtaining Trump's tax records

  6. 🏦 JPMorgan and Wells Fargo launch bank earnings amidst worries of increasing rates and risky loans

  7. 🎉 California liquor store sells Powerball ticket worth a whopping $1.765bn

  8. 🚘 Ford executive states final offer given in UAW strike discussions

  9. 💸 Dollar General shares soar as former CEO returns to boost dwindling sales

  10. 🎤 Taylor Swift's Eras Tour movie dubbed to be a cinematic game-changer by IMAX CEO

Tricky Trivia answer: Alexander Fleming

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