đ An Evergrande plan
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A Hong Kong court will hear how Evergrande plans to restructure $300 billion in debt today. The troubled Chinese property developer is trying to stave off liquidation.
A week-long truce in Gaza has lapsed. War erupted on Friday, with 2 million peopleânearly Gazaâs entire populationâtrying to seek safety in the areaâs southern region.
Nearly 60 countries swore off coal at the UNâs climate summit. The US joined others in agreeing to phase out coal plantsâwhich fuel 20% of the countryâs electricityâand to not build any new ones, though the exact end date is unclear.
Alaska Air is going to buy Hawaiian Airlines. The $1.9 billion deal includes about $900 million of Hawaiianâs debt.
Narendra Modi got a boost in key regional elections. The Indian prime ministerâs party beat out the opposition in three of four states, just months ahead of the countryâs national elections.
Metaâs plan to fend off election misinformation, by the digits
Elections in the US arenât the only ones that fake Meta accounts linked to China are trying to influence. Theyâre also targeting the worldâs largest democracy: India.
The majority of accounts are posing as journalists, lawyers and human-rights activists, and a handful as Americans. The fake profiles have shared links to articles from US media outlets like HuffPost, Breitbart, The Wall Street Journal, and Fox News.
So what is Meta doing to stop these accounts from swaying elections in India and the US?
40,000: Meta employees working on safety and security
$20 billion+: Invested in teams and technology in this area since 2016
100: Partners in Metaâs global independent fact-checking network, which reviews and rates viral misinformation in more than 60 languages
200+: Malicious influence campaigns using coordinated inauthentic behavior that Meta has taken down as of Nov. 30
But is it enough? Quartzâs Ananya Bhattacharya has the latest.
Guess whoâs back, Peltz again
Disney shareholder Nelson Peltz is proving to be a reoccurring foe in CEO Bob Igerâs sequel.
The 81-year-old activist investor, who tried and failed to bag a seat on Disneyâs board at the start of this year, came back in October with a vengeanceâand four times the stake his Trian Fund Management had in Februaryâto demand a seat at the table.
While Disney extended an offer to Trian to meet with the board, it turned down the fundâs most recent request for board representation, prompting Peltz to mount another proxy fight against Iger and his kingdom. Peltzâs plan? Take the issue directly to shareholders.
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Thereâs a Great Pickleball Turf War raging across the US. Complaints from tennis players pitted against pickleballers are overwhelming local governments.
Pro tip: Donât let a pop star shoot a music video in your church. Doing so may strip you of your priestly duties and require a reparation mass to restore sanctity.
Forbes has a new hall of shame for those 30 under 30s it regrets. Top of the list: Sam Bankman-Fried.
An AI laser was made that can read a personâs heartbeat through their throat. It could replace stethoscopes.
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Our best wishes for a productive day. Send any news, comments, cognac revivals, and racket rackets to [email protected]. Todayâs Daily Brief was brought to you by Morgan Haefner.