Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: Facebook turns 20, DeSantis’ vote cost, Eurozone inflation falls, Dark money Down Under, Paris’ Grape Escape

Facebook logo is seen through broken glass in this illustration taken, January 25, 2023.

Facebook logo is seen through broken glass in this illustration taken, January 25, 2023.

REUTERS/Dado Ruvic/Illustration

20: On Sunday, Facebook turns 20 years old. Take a moment to look back at the social network’s early days – when it was a platform for dorky teens playfully “poking” each other. That was before the Obama 2008 campaign demonstrated its political utility, before young Egyptians showed dictators its threat to their power in 2011, and long before the site became a dumpster fire of Boomer conspiracy theories. And as for the teens? On Wednesday, CEO Mark Zuckerberg apologized to families who had been victimized on his platforms during a Congressional hearing on online child safety.


7,169: How much does getting your vote cost? Well, if you caucused for Ron DeSantis in Iowa, it came out to about $7,169 after the once-hopeful rival to Donald Trump spent a staggering $168 million on his campaign, only to flame out and quit after he wound up 30 percentage points behind the GOP front-runner.

2.8: Inflation in the Eurozone fell to 2.8 after rising in December, but don’t get too excited about a possible rate cut from the European Central Bank. The index is still running well ahead of its 2% target, and prices for services in particular remain stubbornly high.

57 million: Nearly AU$57 million (~US$37 million) donated to Australian political parties in 2022 and 2023 was of unknown origin, according to an analysis by the Australian Electoral Commission published Thursday. The so-called “dark money” represents about a quarter of all funding to major political parties Down Under, where the identities of donors below AU$15,200 are not subject to compulsory disclosure. (~US$9988).

1.6 million: French police are investigating the theft of 83 wine bottles from one of Paris’ finest restaurants in a $1.6 million caper. The loss was noticed when the sommelier of the 442-year-old Tour d’Argent restaurant did an inventory of his 300,000 bottles and could have occurred anytime between 2020 and 2024. GZERO sends our condolences *hic* – we have no idea what happened *hic*. 🥴😬

More For You

Zimbabwe’s information minister said dozens of citizens were lured via social media by shadowy agencies promising lucrative jobs abroad, but ended up on the front lines.

Zimbabwe’s information minister said dozens of citizens were lured via social media by shadowy agencies promising lucrative jobs abroad, but ended up on the front lines.

Natalie Johnson
Zimbabwe’s information minister said dozens of citizens were lured via social media by shadowy agencies promising lucrative jobs abroad, but ended up on the front lines. The country is ramping up diplomatic efforts to bring home more than 60 people they believe are still fighting for Russia. Zimbabwe isn’t alone; Other African countries, like [...]
Jury finds social media giants negligent in landmark trial
On Wednesday, a jury found the tech giants liable for designing platforms – Instagram and YouTube – that are harmful to young people, a landmark verdict outcome that could open up social media companies to more lawsuits over users’ mental health. Half of each company’s payment is to compensate the plaintiff for her losses, including therapy, and [...]
Signs of Russia’s spring offensive
Moscow also launched 23 cruise missiles and seven ballistic missiles at Ukrainian cities, including the city of Lviv, which is near the Polish border and not usually targeted. The strikes also come as Russia intensifies its front-line attacks out East, leading analysts to conclude that Russia’s spring offensive has begun. The Kremlin’s goal: take [...]
The amount of money that was wagered in the oil market on Monday just 15 minutes before US President Donald Trump boasted of “productive” talks with Iran.

The amount of money that was wagered in the oil market on Monday just 15 minutes before US President Donald Trump boasted of “productive” talks with Iran.

Natalie Johnson
Trump’s comments on social media yesterday morning sent fuel prices tumbling, as investors increased their hopes for a swift end to the Iran conflict. But right before the post, there was a flurry of activity between oil traders, per a Financial Times analysis of Bloomberg data. The well-timed trades have raised eyebrows among market strategists, [...]