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How Zuckerberg lost $5b as Facebook shares crash

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Facebook shares plunged Monday as the social media giant faced an onslaught of criticism at home and abroad over revelations that a firm working for Donald Trump’s presidential campaign harvested and misused data on 50 million members.

On Wall Street, Facebook shares skidded 6.8 percent amid concerns about pressure for new regulations that could hurt its business model.

The share plunge erased $5billion from the net worth of Facebook founder, Mark Zuckerberg on Monday.

Calls for investigations came on both sides of the Atlantic after Facebook responded to the explosive reports of misuse of its data by suspending the account of Cambridge Analytica, a British firm hired by Trump’s 2016 campaign.

Democratic Senator Amy Klobuchar and Republican John Kennedy called for Facebook chief Mark Zuckerberg to appear before Congress, along with the CEOs of Google and Twitter.

The two lawmakers said the companies “have amassed unprecedented amounts of personal data” and that the lack of oversight “raises concerns about the integrity of American elections as well as privacy rights.”

Senator Ron Wyden asked Facebook to provide more information on what he called a “troubling” misuse of private data that could have been used to sway voters.

Wyden said he wants to know how Cambridge Analytica used Facebook tools “to weaponize detailed psychological profiles against tens of millions of Americans.”

In Europe, officials voiced similar outrage.

Vera Jourova, the European commissioner for justice, consumers and gender equality, called the revelations “horrifying, if confirmed,” and vowed to address concerns in the United States this week.

In Britain, parliamentary committee chair Damian Collins said both Cambridge Analytica and Facebook had questions to answer.

“We have repeatedly asked Facebook about how companies acquire and hold on to user data from their site, and in particular whether data had been taken from people without their consent,” Collins said in a statement.

“Their answers have consistently understated this risk, and have also been misleading to the committee.”

Alexander Nix is chief executive of Cambridge Analytica, which has denied misusing Facebook data for its work on Donald Trump’s 2016 campaign

Brian Wieser at Pivotal Research said the revelations highlight “systemic problems at Facebook,” but that they won’t immediately impact the social network’s revenues. (NAN)

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The Peruvian Government Has Officially Classified Transgender, Nonbinary And Intersex People As “Mentally ill”

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According to the country’s ministry of health, the controversial decision was made to ensure the country’s public health services could “guarantee full coverage of medical attention for mental health” for the trans community.

It also categorises “dual-role transvestitism,” “fetishistic transvestism,” and “other gender identity disorders” under the same bracket of mental illness.

The new law will change language in the Essential Health Insurance Plan (PEAS) to reflect the view of trans and intersex people as a mental health disorder.

Trans groups across Peru have loudly condemned the decision as a step backwards for the country’s already complex relationship with LGBTQ+ rights.

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Math Teacher Accused Of Having Sex With 2 Students And Getting Pregnant For One Tearfully Reveals The Baby Was Taken Away From Her

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The UK teacher who had a baby with an underage student while on trial for having sex with another teenage boy broke down in court after revealing her newborn baby girl had been “taken away” from her.

Manchester math teacher Rebecca Joynes, 30, sobbed to jurors over how her baby was taken “24 hours after being born” this past January — and now she only sees her for nine hours a week, Joynes told jurors on Monday, May 13, according to the Manchester Evening News.

“At the moment I have contact with her three times a week for three hours and that’s it,” she said through tears.

Joynes was arrested and released on bail on orders not to have unsupervised contact with anyone under 18 after allegedly grooming her pupil, known as Boy A in court, by buying him a $430 Gucci belt before bringing him to her apartment for unprotected sex.

She was suspended from school and eventually fired, but soon after, she began having a relationship with a 15-year-old boy, known in court as Boy B, whom she had a baby with in January.

Joynes, who has denied having sex with either boy when they were underage, told the court that when she learned of the allegations against her she had gone to the second boy in a “panic” and he deleted all of her phone’s content.

The former teacher denied having a sexual relationship with the second boy until after he turned 16 and she was already suspended from teaching.

According to her narration,

She said he had added her on Snapchat twice, which she only accepted the second time because she thought he “wanted to tell her something.”

Joynes said a friendship developed and he quickly became her “best friend” even though the boy would make flirtatious and sexualized comments toward her when he was drunk.

She told jurors that it wasn’t until after his 16th birthday that he messaged her saying “I’ve left school now” with a winky face.

After she received notice that she had been dismissed from her job, he went to her apartment, where following an emotional conversation, they had sex.

The two then entered a relationship that Joynes described as “quite toxic” telling the court how the teenager was “very controlling.”

After discovering she was pregnant, Joynes hid love notes for the boy to find around her apartment.

The notes eventually led to a piece of baby clothing that had the words “I love my daddy to the moon and back” written on it.

The court was told that she gave birth to their baby girl in January, but following an emergency court hearing, the newborn was taken away from Joynes.

Joynes has denied two counts of sexual activity with Boy A; two counts of sexual activity with Boy B; and two counts of sexual activity with Boy B while being a person in a position of trust.

Her trial is ongoing.

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First Man To Receive Pig Kidney Transplant Has Died

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The first Man to receive a genetically modified pig kidney transplant has died two months after the operation.

Massachusetts General Hospital (MGH), which carried out the procedure in March, announced Sunday, May 12, that Richard “Rick” Slayman, 62, has died.

They said there was no indication his death was a result of the transplant.

Transplants of other organs from genetically modified pigs have failed in the past, but the operation on Mr Slayman, who was suffering with end-stage kidney disease, was hailed as a historic milestone.

In addition to kidney disease, Mr Slayman also suffered from Type 2 diabetes and hypertension.

In 2018, he had a human kidney transplant, but it began to fail after five years.

Following his pig kidney transplant on March 16, his doctors confirmed he no longer needed dialysis after the new organ was said to be functioning well.

“Mr Slayman will forever be seen as a beacon of hope to countless transplant patients worldwide and we are deeply grateful for his trust and willingness to advance the field of xenotransplantation,” MGH said in a statement.

Xenotransplantation is the transplanting of living cells, tissues or organs from one species to another.

MGH said it was “deeply saddened” at his sudden death and offered condolences to his family.

Mr Slayman’s relatives said his story was an inspiration.

“Rick said that one of the reasons he underwent this procedure was to provide hope for the thousands of people who need a transplant to survive,” they said.

“Rick accomplished that goal and his hope and optimism will endure forever.

“To us, Rick was a kind-hearted man with a quick-witted sense of humour who was fiercely dedicated to his family, friends, and co-workers,” they added.

While Mr Slayman received the first pig kidney to be transplanted into a human, it is not the first pig organ to be used in a transplant procedure.

Two other patients have received pig heart transplants, but those procedures were unsuccessful as the recipients died a few weeks later.

In one case, there were signs the patient’s immune system had rejected the organ, which is a common risk in transplants.

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