Facebook officials were on Captiol Hill for a hearing on the company’s plan for a cryptocurrency called Libra. The social network has faced scrutiny over the years for issues with data security, and now lawmakers are voicing concern about the security of users’ financial information. CNET editor-at-arge Ian Sherr joined CBSN with details. Source
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“CBS Evening News” headlines for Tuesday, July 16, 2019
Here’s a look at the top stories making headlines on the “CBS Evening News with Norah O’Donnell.” Source
Amazon, Apple, Facebook and Google execs testify on Capitol Hill
Leaders from Apple, Facebook, Google and Amazon all took turns publicly defending their companies during an antitrust hearing on Capitol Hill. They said their platforms all rely on a vibrant social ecosystem that encourages competition, but lawmakers voiced concerns about the growing power of big tech companies. CNET senior producer Dan Patterson joined “Red and Blue” with more. Source
Leana Wen out as Planned Parenthood president
Planned Parenthood has removed Dr. Leana Wen as president of the organization. This comes as Planned Parenthood and the future of abortion rights have come under fire in several states in recent months. CBS News reporter Kate Smith joined CBSN’s “Red and Blue” to discuss. Source
Five Democratic candidates collected 73% of second quarter fundraising
Just five Democratic presidential candidates raised nearly three-quarters of the $137 million raised between the end of March and the end of June. CBSN political reporter Caitlin Huey-Burns and Wall Street Journal politics reporter Tarini Parti spoke to CBSN’s “Red & Blue” about candidates’ second quarter fundraising. Source
Could Taylor Swift re-record her songs to spite Scooter Braun?
Artists have been known to re-record their music catalogues to get out of legal binds Source
Groups cut ties with Sackler family over OxyContin lawsuits
Museums and universities are cutting ties with the Sackler family amid lawsuits against them and the company they run, Purdue Pharma. They’re accused of engaging in aggressive marketing tactics for the painkiller OxyContin, which fueled the opioid crisis. Wall Street Journal reporter Jared Hopkins joined CBSN to discuss. Source
Trump looks to make “The Squad” the faces of the Democratic Party
More Democratic presidential candidates are criticizing President Trump for his string of racist tweets and comments targeting four freshman members of Congress. CBSN political reporter Caitlin Huey-Burns spoke to CBSN’s Reena Ninan about the response to the president and the overall state of the race. Source
Pearson ditches print textbooks for college students in digital-first strategy
The British education publisher already gets 62% of its revenue from online products and is pushing for more Source
Senators slam Facebook’s cryptocurrency plans
Politicians accused Facebook of “playing with matches,” suggesting it would use Libra as another data-collection tool Source