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The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm. The justices heard arguments in November in Meta's bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place. The high court dismissed the company’s appeal, leaving in place an appellate ruling allowing the case to go forward. Investors allege that Meta did not fully disclose the risks that Facebook users’ personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump ’s first successful Republican presidential campaign in 2016. Inadequacy of the disclosures led to two significant price drops in the price of the company’s shares in 2018, after the public learned about the extent of the privacy scandal, the investors say. Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users. Cambridge Analytica had ties to Trump political strategist Steve Bannon. It had paid a Facebook app developer for access to the personal information of about 87 million Facebook users. That data was then used to target U.S. voters during the 2016 campaign. The lawsuit is one of two high court cases involving class-action lawsuits against tech companies. The justices also are wrestling with whether to shut down a class action against Nvidia. Investors say the company misled them about its dependence on selling computer chips for the mining of volatile cryptocurrency.
Here's some help with today's Quordle, including hints and the answers. Looking for Tuesday’s Quordle hints and answers? You can find them here: Hey, folks! Happy holidays! Hints and the answers for today’s Quordle words are just ahead. How To Play Quordle For any newcomers joining us, here’s how to play Quordle : Just start typing in words. You have four five-letter words to guess and nine attempts to find them all. The catch is that you play all four words simultaneously. If you get a letter in the right place for any of the four words, it will light up in green. If a word contains a letter from one of your guesses but it’s in the wrong place, it will appear in yellow. You could always check out the practice games before taking on the daily puzzle. Here are some hints for today’s Quordle game, followed by the answers: What Are Today’s Quordle Hints? Google’s Gmail Upgrade—Why You Need A New Email Address In 2025 Ukraine Burns Russian Shahed Warehouse And Reveals New Capabilities NASA Spacecraft ‘Touches Sun’ In Defining Moment For Humankind What Are Today’s Quordle Answers? Spoiler alert! Don’t scroll any further down the page until you’re ready to find out today’s Quordle answers. This is your final warning! Today’s words are... That’s all there is to it for today’s Quordle clues and answers. Be sure to check my blog for hints and the solution for Thursday’s game if you need them.Conservative Texas lawmakers and power brokers in recent years have criticized university professors for being “woke” activists who indoctrinate college students with far-left teachings and ideas. Now, as state lawmakers head back to the Capitol for the 2025 legislative session, they could limit the influence faculty have over campus culture and curriculum. Lt. Gov. Dan Patrick wants lawmakers to recommend potential changes to the roles of faculty senates, which traditionally take the lead on developing curriculum — and ensuring professors have the academic freedom to teach and research their subject areas without fear of political interference. But conservatives say university curriculum has been infused with ideologies that have helped take higher education in Texas in an overly liberal direction. “If we’re going to refocus our universities on their mission of open inquiry and freedom of speech, we’ve got to take a look at the curriculum and who’s controlling it,” Sherry Sylvester, a fellow at the conservative Texas Public Policy Foundation, told state senators in November. Some Texas professors, though, fear the Republican-controlled Legislature could undermine a long-standing balance of power at universities that’s meant to protect higher education from politicization. Their concerns are that without a proper voice on campus, and a guarantee that faculty have control over their teaching and research, faculty might leave Texas or be less likely to take a job at a Texas university, research would be imperiled, and there would be no checks and balances on university leadership. “There’s very clearly an ideological based attack against higher education and more specifically against faculty,” said Michael Harris, a professor of higher education at Southern Methodist University, a private institution in Dallas. “A place where faculty are most noticeable is a faculty senate.” Here’s a look at faculty senates in Texas and the role they play in higher education. What faculty senates do Faculty senates are made up of professors from across a university. The body approves academic policies, curriculum design, faculty hiring and evaluation, and other issues that impact the academic mission. They also relay university-wide news and plans back to their colleagues.. The senates often meet monthly and invite guests from the administration to speak directly to faculty on university issues. “They provide a critical advisory voice on so many things we do on campus,” Texas A&M University President Mark Welsh recently told reporters. “The faculty senate does work that is fundamentally important to what we do as a university.” Faculty at many Texas universities elect a professor in their specific college to serve as a representative on the senate. Faculty will typically elect a chair or co-chairs for a one or two year term. Other faculty members can serve on specific committees that provide recommendations to leadership on specific issues, such as budget, research or facility planning. Faculty say that it’s vital that they have a voice in the decision making processes and that university boards of regents listen to those on the ground when making decisions that impact their work. “At a Fortune 500 company, you wouldn’t want the CEO to make every single decision,” said Harris, the SMU professor. “They don’t have time. People close to the product line or business aspect are best able to do that. The same thing is true here. You want your faculty who teach undergrads to make policy (about undergrads). They know the issues there better.” Bill Carroll served as president of the University of Texas at Arlington’s faculty senate four years ago. He said administrators often haven’t taught in a classroom in years and rely on current faculty to share their experiences that can help shape decision-making. “The faculty senate can provide that input and that information to administration so they can understand how the faculty are perceiving things and understand what faculty needs to do their job in an effective way,” he said. How faculty senates fit into a university’s power structure Public universities and university systems are overseen by boards of regents, who are appointed by the governor. Those boards hire university presidents, who serve as a CEO of the institution. While there is nothing in state law that specifies how faculty senates should be organized or function, many universities have adopted rules based on the American Association of University Professors’ guidance that faculty have academic freedom in the classroom and in research. They also rely on the 1966 Statement on Government of Colleges and Universities to guide how boards, presidents and faculty senates interact to operate the university. This statement was developed by national organizations that represent faculty, university presidents and governing boards. The statement spells out who should handle each sector of university operations. “It’s not something that was just drawn up by faculty saying, ‘Here is our best practice, deal with it,’” said Joey Velasco, president of the Texas Council of Faculty Senates who also teaches at Sul Ross State University in Far West Texas. “It really was a joint effort.” Faculty should be responsible for curriculum, methods of instruction and research, the statement reads. If the governing board or university president ultimately makes a decision that goes against the faculty’s wishes, that statement urges the board or president to communicate those reasons with the faculty. “It’s through open dialogue and mutual respect and a shared vision that faculty, administrators and governing boards can ensure their institutions continue to thrive,” Velasco said. Lt. Gov. Dan Patrick has routinely criticized faculty senates Faculty senates found themselves in Patrick’s crosshairs three years ago when he boldly declared he wanted to end tenure for new faculty hires at Texas’ public universities. It was a radical legislative priority condemned by faculty groups across the country. At the time, Patrick was honest about his motivations: he was angry at The Faculty Council at the University of Texas at Austin. The elected group of faculty had passed a nonbinding resolution reaffirming their right to teach critical race theory in the college classroom after the state banned its teaching in K-12 schools. In the statement, faculty at UT-Austin said they will “stand firm against any and all encroachment on faculty authority including by the legislature or the Board of Regents.” Patrick called the professors “Loony Marxists” on social media and accused them of poisoning the minds of college students with such teaching. Ending tenure would make it easier to terminate or punish faculty who were teaching these ideas. Patrick ultimately was unable to outright ban tenure at Texas’ public universities. But Harris said it’s clear that the Faculty Council “poked the bear.” “I do wonder, were it not for that, would it have been as much on the radar,” Harris said, though he feels like the wave of similar actions at universities in other states, such as Florida , would’ve led Texas to take similar routes. Faculty senates can formally voice a lack of confidence in university leadership Faculty senates largely garner the most attention outside the university when they issue a vote of no confidence in a school leader. These votes are non binding, but are meant as a way for faculty to express their discontent with the direction a president is taking the school. Sometimes, they can lead to the resignation of a university leader. Other times, they’re completely ignored. Last year, most faculty members at West Texas A&M University in Canyon said they lost confidence in the president for a variety of issues, including his decision to cancel a student drag show on campus. Nothing happened after the vote and Walter Wendler remained president. At Stephen F. Austin State University in Nacogdoches, faculty took a vote of no confidence in the leadership of former President Scott Gordon after he accepted an $85,000 pay bump amid a COVID-19 budget shortfall. In that case, the board of regents stood behind Gordon despite the no confidence vote. Still, he stepped down six months later. Nationally, a Chronicle of Higher Education analysis found that a president ends up leaving office within a year of a no-confidence vote about half of the time. This spring, more than 600 faculty at UT-Austin signed a letter stating they had no confidence in President Jay Hartzell’s leadership after police arrested a swath of pro-Palestinian demonstrators protesting the war in Gaza. However, that letter came from the UT-Austin chapter of the American Association of University Professors, not the Faculty Council. Other states have moved to limit faculty power Across the country, other states have sought to curtail the power and freedoms of faculty. The Arizona Legislature passed a law that would reduce the power of faculty senates. The bill eliminated language in the state that says the faculty “shall participate in” or “share responsibility” for academic and personnel decisions. Instead, professors could only “consult with” university leaders on decisions. Arizona’s Democratic governor vetoed the bill. When Florida passed a higher education bill that banned diversity, equity and inclusion programs at public institutions last year, it also included language that said public university presidents and administrators are not bound by faculty recommendations or opinions in hiring decisions. In Texas, at a November state Senate Higher Education Subcommittee meeting, Sylvestor, with the conservative Texas Public Policy Foundation, suggested that the Legislature require all faculty senate votes to be public, all meetings be open to the public and live streamed, and all curriculum changes made public. Many faculty senates at Texas universities already livestream their meetings and post agendas and minutes online. Velasco with the Texas Council for Faculty Senates said many votes are taken publicly, too. But there are instances when private voting is better, he said, such as when faculty vote whether to award tenure. ___ This story was originally published by The Texas Tribune and distributed through a partnership with The Associated Press. Copyright 2024 The Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Nov 22 (Reuters) - Three Bank of America (BAC.N) , opens new tab investment bankers in India have left the company as it probes allegations of wrongdoing over stock sales, a source familiar with the matter said. The departures were first reported by the Financial Times. A whistleblower complaint alleged that Bank of America shared non-public information with some investors before it sold roughly $200 million worth of stock for some clients in India, according to a Wall Street Journal report in September. The bank is carrying out an internal investigation, according to the source, who declined to be identified when discussing personnel matters. In September, BofA said it takes complaints seriously and thoroughly investigates them. Sign up here. Reporting by Saeed Azhar, editing by Lananh Nguyen and Marguerita Choy Our Standards: The Thomson Reuters Trust Principles. , opens new tab
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