Of the two sides, Twitter has so far been more aggressive in the discovery process for the case. The company has issued more than 84 subpoenas to uncover discussions that might prove that Mr. Musk soured on the acquisition because the economic downturn decreased his personal wealth. (Mr. Musk’s net worth still stands at $259 billion, according to Bloomberg.)

Twitter has sent subpoenas to Mr. Musk’s friends and associates, such as the former SpaceX board member Antonio Gracias and the entertainment executive Kristina Salen, to get insight into their group chats. The company has also summoned investors like Mr. Andreessen and Mr. Ellison, who agreed to pony up money so Mr. Musk could do the deal.

Mr. Musk himself has agreed to sift through every text he sent or received between Jan. 1 and July 8 for messages relevant to Twitter. His side’s subpoena total stands at more than 36 — including one to Mr. Dorsey — as Mr. Musk tries to show that Twitter lied about the number of inauthentic accounts on its platform, which he has cited as a reason to pull out of the deal.

Mr. Musk has demanded voluminous data from Twitter, including correspondence among its board members and years of account information. Last Thursday, the court granted Mr. Musk a limited set of 9,000 accounts that Twitter audited to determine how many bots were on the platform during a particular quarter. He has also subpoenaed the company’s bankers, Goldman Sachs and J.P. Morgan.

But Mr. Musk has also shown his unhappiness over Twitter’s attempts to obtain his group chats. This month, his lawyers tried limiting the company’s inquiries, saying they did not plan to turn over messages from “friends and acquaintances with whom Mr. Musk may have had passing exchanges regarding Twitter.”

tweeted.

Mr. Sacks, another friend of Mr. Musk’s who worked with him at PayPal, responded to a subpoena from Twitter with a tweet that included an image of a Mad magazine cover featuring a giant middle finger.

In a court filing on Friday, Mr. Sacks’s lawyers, who filed a motion to quash the subpoenas, said he had produced 90 documents for Twitter so far. They accused the company of “harassing” Mr. Sacks and creating “significant” legal bills for him by subpoenaing him in California and Delaware.

A lawyer for Mr. Sacks did not respond to a request for comment.

Kathaleen McCormick, the judge overseeing the case, has largely waved off Mr. Musk’s objections about the subpoenas to his friends. Mr. Musk’s conduct in discovery “has been suboptimal,” and his requests for years of data were “absurdly broad” she wrote in rulings last week.

“Defendants cannot refuse to respond to a discovery request because they have unilaterally deemed the request irrelevant,” Ms. McCormick wrote. “Even assuming that Musk has many friends and family members, Defendants’ breadth, burden, and proportionality arguments ring hollow.”

Ed Zimmerman, a lawyer who represents start-ups and venture capitalists, said it wasn’t surprising that Silicon Valley techies appeared unwilling to be drawn into the case. The venture industry has long operated with little regulatory oversight. Investors have only begrudgingly become more accustomed to legal processes as their industry has fallen under more scrutiny, he said.

“Venture for so long has been very accustomed to being an outsider thing,” he said. “We didn’t have to focus on following all the rules, and there wasn’t that much litigation.”

For law firms, Mr. Musk’s battle with Twitter has become a bonanza — especially financially.

“I’m sure they’re all hiring fancy high-end law firms,” Mr. Melkonian said. “Those guys are going to charge thousands of dollars per hour for preparation.”

That’s if you can find a lawyer at all. Between Mr. Musk and Twitter, they have sewn up a passel of top law firms.

Twitter has hired five law firms with expertise in corporate disputes and Delaware law: Wachtell, Lipton, Rosen & Katz; Potter Anderson & Corroon; Ballard Spahr; Kobre & Kim; and Wilson Sonsini Goodrich & Rosati. Mr. Musk has retained a team of four firms: Skadden, Arps, Slate, Meagher & Flom; Quinn Emanuel Urquhart & Sullivan; Chipman Brown Cicero & Cole; and Sheppard Mullin.

Other leading tech law firms — including Freshfields Bruckhaus Deringer, Perkins Coie, Baker McKenzie, and Fenwick & West — declined to comment, citing conflicts in the case.

Lawyers sitting on the sidelines probably feel left out, Mr. Zimmerman said. “If I were a trial lawyer in San Francisco, with a specialty of dealing with venture funds and the growth companies they invest in, there ought to be that FOMO,” he said, referring to the shorthand for the “fear of missing out.”

For those who have been tapped, the next several months are likely to be chaotic.

“For people who do this work, this is what we live for,” said Karen Dunn, a litigator for tech companies who has represented Apple and Uber, and who is not involved in the Twitter case. “It moves incredibly fast, it is all consuming.”

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Kansas Recount Confirms Results In Favor Of Abortion Rights

An unexpected turnout of voters on Aug. 2 rejected a ballot measure that would have removed protections for abortion rights from Kansas Constitution.

A decisive statewide vote in favor of abortion rights in traditionally conservative Kansas was confirmed with a partial hand recount, with fewer than 100 votes changing after the last county reported results Sunday.

Nine of the state’s 105 counties recounted their votes at the request of Melissa Leavitt, who has pushed for tighter election laws. A longtime anti-abortion activist, Mark Gietzen, is covering most of the costs. Gietzen acknowledged in an interview that it was unlikely to change the outcome.

A no vote in the referendum signaled a desire to keep existing abortion protections and a yes vote was for allowing the Legislature to tighten restrictions or ban abortion. After the recounts, “no” votes lost 87 votes and “yes” gained 6 votes.

Eight of the counties reported their results by the state’s Saturday deadline, but Sedgwick County delayed releasing its final count until Sunday because spokeswoman Nicole Gibbs said some of the ballots weren’t separated into the correct precincts during the initial recount and had to be resorted Saturday. She said the number of votes cast overall didn’t change.

A larger than expected turnout of voters on Aug. 2 rejected a ballot measure that would have removed protections for abortion rights from the Kansas Constitution and given to the Legislature the right to further restrict or ban abortion. It failed by 18 percentage points, or 165,000 votes statewide.

The vote drew broad attention because it was the first state referendum on abortion since the U.S. Supreme Court overturned Roe v. Wade in June.

Gietzen, of Wichita, and Leavitt, of Colby, in far northwestern Kansas, have both suggested there might have been problems without pointing to many examples.

Recounts increasingly are tools to encourage supporters of a candidate or cause to believe an election was stolen rather than lost. A wave of candidates who have echoed former President Donald Trump’s lie that the 2020 election was rigged have called for recounts after losing their own Republican primaries.

Kansas law requires a recount if those who ask for it prove they can cover the counties’ costs. The counties pay only if the outcome changes.

Leavitt and Gietzen provided credit cards to pay for the nearly $120,000 cost, according to the secretary of state’s office. Leavitt has an online fundraising page. Gietzen also said he is getting donations from a network built over three decades in the anti-abortion movement.

Gietzen said Sunday he doesn’t accept the results of the Sedgwick County recount because of the discrepancy about the way the ballots were sorted and because some of the recount happened Saturday without outside observers present to watch.

“We still don’t know what happened in Sedgwick County. I won’t pay for Sedgwick County,” he said.

He said he’s also concerned about the results statewide because of a report out of Cherokee county in southeast Kansas about the results of one county election being transposed between two candidates when the results were transferred on a thumb drive from one voting machine to a tabulating machine.

Gietzen said he plans to file a lawsuit Monday seeking a full statewide recall.

Gietzen said he won’t publicly report the names of private donors helping him finance the recount, even though a state ethics official says it’s required. Gietzen, who leads a small GOP group, the Kansas Republican Assembly, argues that he’s not campaigning for the anti-abortion measure but is instead promoting election integrity.

Votes were recounted in Douglas County, home to the University of Kansas’ main campus; Johnson County, in suburban Kansas City; Sedgwick County, home to Wichita, Shawnee County, home to Topeka; and Crawford, Harvey, Jefferson, Lyon and Thomas counties. Abortion opponents lost all of those counties except Thomas.

In Jefferson County, the margin remained the same, with the pro- and anti-amendment totals declining by four votes each. Linda Buttron, the county clerk, blamed the change on things like ovals not being darkened and “the challenges of hand counting ballots.”

In Lyon County, the anti-amendment group lost a vote. County Clerk and Election Officer Tammy Vopat said she wasn’t sure the reason. But she noted: “You have to factor in human error.”

Johnson County, the most populous in Kansas, faced the biggest recounting challenge because it had the most ballots. It pulled in workers from different departments to help. The sorting process took so long that the actual counting didn’t begin until Thursday afternoon.

“This is almost like doing an Ironman triathlon and having to add on another marathon at the end,” said Fred Sherman, the county’s Election Commissioner. “So it is quite a gargantuan process.”

Additional reporting by The Associated Press.

: newsy.com

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FDA Allows New Monkeypox Vaccination Method To Maximize Supply

The Jynneos vaccine can now be administered between layers of skin instead of underneath layers, allowing for a smaller dose.

The FDA is allowing a new vaccination method for monkeypox to stretch the vaccine supply.

“This will increase the total number of doses available for use by up to five fold,” FDA Commissioner Dr. Robert Califf said.

“It’s safe, it’s effective and it will significantly scale the volume of vaccine doses available for communities across the country,” said Bob Fenton, White House monkeypox response coordinator.

Now providers can inject vaccine in between layers of the skin instead of completely underneath the skin. By doing so, they can use just one-fifth the dose they use in the traditional method and get many more vaccinations out of a single vial. 

“For those who have delayed their second dose, we would encourage them, with now an increased supply, to go ahead and get it,” said CDC Director Dr. Rochelle Walensky.

In Los Angeles, health workers are setting up vaccination sites wherever they can, making more shots available to people who have already been waiting for one.

“We’re excited because we are bringing the vaccine to places where people live and work who might be at high risk for exposure, so making it easier for people to access the monkeypox vaccine if they need it,” said Andrea Kim, with the Los Angeles County Department of Public Health.

It’s a welcome scene to those afraid of exposure, especially among men who have sex with men — a population disproportionately impacted by the virus.

“I would say the community right now is pretty scared, unnerved,” said Jack Dillon, a monkeypox vaccine recipient. “A lot of my friends are really like remaining celibate right now.”

Across the country, almost 9,500 people have confirmed cases of the virus, with most of them having a median age of 35 years old.

“Monkeypox is not an STD, although sex is a route of transmission, but it’s not the primary route,” said Arthur Caplan, NYU Grossman School of Medicine medical ethics director. “It’s really skin contact, prolonged skin contact or getting it from, like we’re saying, towels or sheets.”

Of the patients reporting sexual activity, 99% were men having sex with men.

“This isn’t a gay men’s disease,” Caplan said. “It’s in Africa. In many people who are heterosexual, we’ve seen transmission to kids. There are bisexual people out there who definitely could transmit it to others. It’s not necessarily just because they’re gay, but the disease affected that group first. It just got into that population first.”

With the FDA also authorizing vaccination for high-risk people under 18 years old, parents are questioning how concerned they should be about their kids getting sick.

“Having cases, or even exposures, in children is relatively rare,” Dr. Walensky said. “We investigate those. Should they be real exposures, we want to make sure that they have vaccine available to them.”

Changing how the shots are given is a critical step in maximizing that supply. 

: newsy.com

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The Effect Of Transgender Athlete Bans On Youth Sports

The criticism of transgender women participating in and winning sports competition can have an effect on the mental health of all ages of athletes.

As much of the nation prepares to go back to school, new laws banning transgender athletes from women’s and girls’ sports teams are moving from debates at the statehouse to taking effect on the field in states like Tennessee, Indiana, South Dakota and Utah.

This is a sensitive subject, and this story includes discussions about mental illness and suicide, as well as transphobic concepts and misgendering of transgender people.

These new state-level bans fit into a broader trend that has been at just about all levels of athletics — from state legislatures to international sports governing bodies, where new laws and rules have been written to exclude transgender people from sports that line up with their gender.

So now that these laws are actually taking effect, what will the impact be for the athletes and the sports they play?

Starting with international sports, although the International Olympic Committee has allowed transgender athletes to compete in the Olympics since 2004, it took until last year’s Tokyo Olympics for there to even be any openly transgender athletes competing in any sport at the Olympics.

Although one transgender athlete assigned female at birth won a gold medal with Canada’s women’s soccer team, no transgender athlete has medaled in an individual competition.

If you’re an athlete, transitioning can take a toll on your body — something that transgender athlete performance researcher and distance runner Joanna Harper saw both in her research and firsthand. 

“One of the most important things in my development was the change in speed that I experienced after I started hormone therapy in August of 2004,” Harper said. “Within nine months of starting hormone therapy, I was running 12% slower, and that’s the difference between serious male distance runners and serious female distance runners.”

But as transgender women participate and win sports competitions, it’s gotten some people upset and claiming they have an unfair advantage. 

There isn’t much evidence out there yet that quantifies how much of an advantage transgender women athletes may have, but she told us that regardless of gender at the highest levels of competition, there’s nuance and a middle ground here that can vary depending on the sport.

“The fact that we don’t know the magnitude of that advantage, which is also extremely important because we allow advantages in sport, what we don’t allow is overwhelming advantage,” Harper said. “For instance, we let left-handed baseball players play against right handed baseball players, even though they have numerous advantages, but we don’t let heavyweight boxers get into the ring with with flyweight boxers.”

Policies have often varied sport to sport to ensure transgender athletes can compete but without the potentially overwhelming advantage of naturally higher testosterone, which can allow some transgender athletes to compete but exclude others, including intersex women who actually aren’t transgender. 

Many sports governing bodies or leagues have required testosterone levels to be below certain levels or requiring a certain amount of time to pass after transitioning, and transgender athletes themselves have proposed middle ground options. After Brazilian volleyball player Tifanny Abreu started to play on a women’s team after her transition, she suggested quotas limiting the number of transgender women per team.

But even though the IOC put out a call earlier this year for sports governing bodies to make transgender athlete policies with inclusion in mind, most of the recent sporting rule changes have headed more toward exclusion.

Lia Thomas, the transgender female swimmer for the University of Pennsylvania set records at the Ivy League women’s swimming competitions and won the NCAA Division I championship in the 500-yard freestyle. Swimming’s international governing body FINA issued new, stricter rules in June banning transgender women who transitioned after the age of 12 from competing, just a few months after Thomas’ success led to outcry from some swimmers and media voices. Other sports are expected to follow FINA’s lead and exclude most Transgender women.

Thomas has still faced hate and vitriol online, even as she’s now banned from swimming at NCAA or international women’s swimming competitions. But while Thomas won one major competition, she wasn’t dominating and was still trailed behind the best cisgender swimmers.

The NCAA record in the women’s 500-yard freestyle was set by multi-time Olympic gold medal winner Katie Ledecky, who swam it in 4 minutes and 24.06 seconds in 2017.

Meanwhile, Thomas’ championship winning time in 2022 was more than nine seconds slower, at 4 minutes and 33.24 seconds.

It’s not just swimming where transgender athletes, especially those who win in women’s sports, face attacks.

Veronica Ivy is a competitive track cyclist and a transgender woman. She earned a PhD in philosophy and has done years of research on the ethics around transgender inclusion in sports.

She also received hateful messages after winning an age group championship in 2019, but she sees sports as her outlet.

“Facetiously, one of my favorite mugs says, ‘I ride to burn off the crazy,'” Ivy said. “It is a way that I manage things like depression and anxiety and the PTSD I get from people harassing me and sending me death threats.”

That contention over trans inclusion can seep down to lower levels of sports, and that can have an effect on younger athletes.

“Sports are absolutely vital for kids to feel included, to feel a sense of community, to develop critical life skills like leadership, like ability to communicate with folks who are different from you,” said Anne Lieberman, director of policy and programs at Athlete Ally. “There are so many very clear benefits of sports participation for youth that are in hundreds of studies.”

Lieberman is a three-time national champion muay thai fighter. They had personal childhood experience with inclusion in sports making a difference.

“Sports was one of the only places where I felt like myself, where the bullying stopped, where everything just fell away for a moment and I could be in my body,” Lieberman said. “I could be connected with my peers and feel like I was just like any other kid.”

That inclusion can make all the difference for transgender youth, who report higher rates of anxiety, depression and mental health issues. A 2022 study published in the Journal of Interpersonal Violence found that 86% of transgender youth surveyed reported being suicidal, and more than half, 56%, reported they previously tried committing suicide.

But even as youth sports come with lower stakes, Republican legislators see transgender athletes as a threat.

“This is fundamentally about fairness,” State Rep. Ryan Dotson, (R) Kentucky, said. “It ensures that both biological females and biological males have a level playing field. We don’t want to deprive any of the females of these opportunities.”

Kentucky passed legislation banning transgender girls from competing in youth sports over the Democratic governor’s veto. Since the ban took effect, at least one female athlete hasn’t been able to compete.

As of July, 18 states, including Kentucky, have passed similar bills. Republican governors in Indiana and Utah also saw legislators override them.

But in Utah, Gov. Spencer Cox issued a statement along with his veto pointing out that out of 75,000 kids playing high school sports in Utah, four are transgender, and only one transgender student played in girls’ sports.

In Kansas, Republican legislators were blocked from implementing a ban on transgender athletes. Stephanie Byers, a Democratic state representative in Kansas who is the first Native American transgender state legislator, voted and testified against the bill. She told Newsy that in Kansas, where the same commission governs both athletic and non-athletic school competitions, the only person seeking recognition as a transgender girl, wasn’t even looking to compete in a sport.

“So in the state of Kansas, it’s estimated there are 37,000 girls in athletics and the high school level here in the state,” Byers said. “The number of people that had applied to the Kansas State High School Activities Association for a variance on gender — this year we’re seven, six for trans guys. One was a trans girl, and that one trans girl that applied for the variance. I know it wasn’t because of athletics, it was because of other activities that are sponsored by the Kent State as collective association.”

This all fits into a broader context. Transgender people aren’t just being targeted by laws about sports. 27 states considered laws limiting transgender people’s access to healthcare in 2020 and 2021, including Arkansas and Alabama, which enacted their bans into law.

In Texas, Gov. Greg Abbott directed the state to investigate parents who help their transgender children get health care as potential child abusers.

In Florida, the Parents Rights in Education bill often labeled the “Don’t Say Gay” bill by critics, took effect this July and leads to school districts facing the risk of lawsuits if transgender identities are discussed in the classroom before fourth grade. 

Transgender athletes and advocates say laws like this or athlete bans can dehumanize transgender people and that so many of these laws or efforts to debate transgender inclusion can be addressed by remembering the human effects.

“To take that away from fragile children is so unbelievably cruel, in my view,” Ivy said. “I do believe that these people passing these laws, the cruelty is the point. They don’t care about protecting women’s sport; they just want to be cruel to trans kids.”

These laws can affect transgender people off the field too. 

“Even that kid has no want whatsoever to ever be in athletics,” Byers said. “They still feel these things because it’s still attacking somebody like them, so that trans girl that nobody knows about, who’s not even had the courage to sit down and talk with their parents or they live in a household, that that there’s no support going to be there no matter what. They’re the ones that feel this to.”

: newsy.com

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Google Sidelines Engineer Who Claims Its A.I. Is Sentient

SAN FRANCISCO — Google placed an engineer on paid leave recently after dismissing his claim that its artificial intelligence is sentient, surfacing yet another fracas about the company’s most advanced technology.

Blake Lemoine, a senior software engineer in Google’s Responsible A.I. organization, said in an interview that he was put on leave Monday. The company’s human resources department said he had violated Google’s confidentiality policy. The day before his suspension, Mr. Lemoine said, he handed over documents to a U.S. senator’s office, claiming they provided evidence that Google and its technology engaged in religious discrimination.

Google said that its systems imitated conversational exchanges and could riff on different topics, but did not have consciousness. “Our team — including ethicists and technologists — has reviewed Blake’s concerns per our A.I. Principles and have informed him that the evidence does not support his claims,” Brian Gabriel, a Google spokesman, said in a statement. “Some in the broader A.I. community are considering the long-term possibility of sentient or general A.I., but it doesn’t make sense to do so by anthropomorphizing today’s conversational models, which are not sentient.” The Washington Post first reported Mr. Lemoine’s suspension.

fired a researcher who had sought to publicly disagree with two of his colleagues’ published work. And the dismissals of two A.I. ethics researchers, Timnit Gebru and Margaret Mitchell, after they criticized Google language models, have continued to cast a shadow on the group.

neural network, which is a mathematical system that learns skills by analyzing large amounts of data. By pinpointing patterns in thousands of cat photos, for example, it can learn to recognize a cat.

Over the past several years, Google and other leading companies have designed neural networks that learned from enormous amounts of prose, including unpublished books and Wikipedia articles by the thousands. These “large language models” can be applied to many tasks. They can summarize articles, answer questions, generate tweets and even write blog posts.

But they are extremely flawed. Sometimes they generate perfect prose. Sometimes they generate nonsense. The systems are very good at recreating patterns they have seen in the past, but they cannot reason like a human.

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Can CNN’s Hiring Spree Get People to Pay for Streaming News?

A couple of months ago, CNN’s forthcoming streaming channel was perceived as little more than a curiosity in the television news business: just another cable dinosaur trying to make the uneasy transition into the digital future.

In fact, the plan to start CNN+, which is expected to go live by late March, amounted to a late arrival to the subscription-based streaming party, more than three years after Fox News launched Fox Nation.

Then the hirings began.

In December, Chris Wallace, Fox News’s most decorated news anchor, said he was leaving his network home of 18 years for CNN+. Next came Audie Cornish, the popular co-host of “All Things Considered” on NPR, who said in January that she was leaving public radio to host a weekly streaming show.

notably violent language in urging a gathering of conservatives to publicly confront Dr. Anthony Fauci.

  • Jan. 6 Texts: Three prominent Fox News hosts — Laura Ingraham, Sean Hannity and Brian Kilmeade — texted Mark Meadows during the Jan. 6 riot urging him to tell Donald Trump to try to stop it.
  • Chris Wallace Departs: The anchor’s announcement that he was leaving Fox News for CNN came as right-wing hosts have increasingly set the channel’s agenda.
  • Contributors Quit: Jonah Goldberg and Stephen Hayes quit the network in protest over Tucker Carlson’s “Patriot Purge” special.
  • He is gambling that CNN+ can entice new viewers — and bring back some old ones. CNN’s traditional broadcast viewership has dropped significantly from a year ago, thanks to a post-Trump slump and waning audience interest, and the network recently fired its top-rated anchor, Chris Cuomo, amid an ethics scandal.

    Mr. Zucker is turning to a strategy honed during his days as the executive producer of NBC’s “Today” show in the 1990s, mixing hard news with a heavy dose of lifestyle coverage and tips on how to bake a pear cobbler. In marketing materials, CNN+ has urged viewers to “grab a coffee” while flipping on shows promoted as “never finicky” and “the silver lining beyond today’s toughest headlines.”

    struggled to find success with shows that riff on current events. One Netflix executive conceded in 2019 that topical programming was “a challenge” when it came to on-demand, watch-at-your-own-pace streamers.

    Symone D. Sanders, a former adviser to President Biden. (NBC News also has separate digital offerings for hard news and lifestyle coverage.)

    For news executives, finding a winning formula in the streaming game is now an urgent priority.

    Streaming has supplanted cable as the main home delivery system for entertainment, often on the strength of addictive series like “Squid Game.” For a while, though, old-fashioned cable news clung on, with CNN, MSNBC and Fox News attracting record audiences in recent years. In case of emergency — a pandemic, civil unrest, a presidential election, a Capitol riot — viewers still tuned in en masse.

    After former President Donald J. Trump left office, news ratings nose-dived and cable subscriptions continued to plummet — an estimated four million households dropped their paid TV subscriptions last year, according to the research firm MoffettNathanson.

    Fox Nation and CNN+ both rely on a business model dependent on paid subscriptions, hence the efforts by both to generate a wide variety of programming.

    “A subscriber every month only has to find one thing that they want,” Mr. Zucker said in the interview. “We don’t need the subscriber to be interested in everything we’re offering, but they need to be interested in something.”

    Mr. Zucker said CNN+ was aiming at three buckets of potential subscribers. He is seeking to entice loyal CNN viewers into paying for streaming programs featuring hosts familiar from the cable channel: Anderson Cooper will have two, including one on parenting; Fareed Zakaria is helming a show examining historical events; and Jake Tapper will host “Jake Tapper’s Book Club,” in which he interviews authors.

    The other would-be subscribers, Mr. Zucker said, are news and documentary fans who want more nonfiction television, as well as younger people who don’t pay for cable.

    CNN, though, is not ignoring the needs of its flagship cable network, which ranked third last year behind Fox News and MSNBC in total audience.

    Mr. Zucker recently reached out to representatives for Gayle King, the star CBS News anchor, about the prospect of her taking over the weekday 9 p.m. hour on CNN, said two people with knowledge of the approach. CNN has not named a permanent anchor for the prime-time slot since Mr. Cuomo was fired in December after revelations that he assisted with the efforts of his brother, former Gov. Andrew M. Cuomo of New York, to fend off sexual harassment allegations.

    CNN+ is also expected to include the breaking news and political coverage that CNN viewers are accustomed to — a feature that could pose difficulties for the network down the road. CNN commands a high price from cable distributors, who may cry foul if CNN+ includes too much news programming that potentially competes with the cable offering. For instance, Wolf Blitzer, the host of “The Situation Room” on CNN at 6 p.m., will also appear on CNN+ to anchor a “traditional evening news show with a sleek, modern twist.”

    CNN’s parent company, WarnerMedia, which is on the verge of a megamerger with Discovery Inc., appears willing to take the risk. The company is placing a significant financial bet on CNN+, budgeting for 500 additional employees, including producers, reporters, engineers and programmers, said Andrew Morse, CNN’s chief digital officer. The company is also renting an additional floor of its headquarters in Midtown Manhattan to accommodate the hires.

    “What we’re building at CNN+ is not a side hustle,” Mr. Morse said.

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    A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed.

    That’s because Fed officials were actively rescuing a broad swath of markets in 2020: In March and April, they slashed rates to zero, bought mortgage-tied and government bonds in mass quantities, and rolled out rescue programs for corporate and municipal debt. Continuing to trade in affected securities for their own portfolios throughout the year could have given them room to profit from their privileged knowledge. At a minimum, it created an appearance problem, one that Mr. Powell himself has acknowledged.

    Mr. Kaplan resigned in September, citing the scandal; Mr. Rosengren resigned simultaneously, citing health issues. Mr. Clarida’s term ends at the close of this month, which it was scheduled to do before news of the scandal broke.

    Mr. Clarida’s trades, which Bloomberg reported earlier, also raised eyebrows among lawmakers, including Senator Elizabeth Warren of Massachusetts, who has demanded a Securities and Exchange Commission investigation into Fed officials’ 2020 trading. But many ethics experts had seen the transaction as more benign, if poorly timed, because it happened in a broad-based index and the Fed had said it was part of a planned and longer-term investment strategy.

    The new disclosure casts doubt on that explanation, given that Mr. Clarida sold out of stocks just days before moving back into them.

    “It’s peculiar,” said Norman Eisen, an ethics official in the Obama White House who said he probably would not have approved such a trade. “It’s fair to ask — in what respect does this constitute a rebalancing?”

    It is unclear whether Mr. Clarida benefited financially from the trade, but it was most likely a lucrative move. By selling the stock fund as its value began to plummet and buying it back days later when the price per share was lower, Mr. Clarida would have ended up holding more shares, assuming he reinvested all of the money that he had withdrawn. The financial disclosures put both transactions in a range of $1 million to $5 million.

    The sale-and-purchase move would have made money within a few days, as stock markets and the fund in question increased in value after Mr. Powell’s announcement. The investment would have then lost money as stocks sank again amid the deepening pandemic crisis.

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    How Top Accounting Firms Help Their Clients Sidestep Taxes

    This year, Mr. Harter returned to PwC.

    “I fully complied with Treasury Department conflicts rules by not meeting with PwC representatives” during a two-year “cooling off” period that restricts government officials from meeting with their former employers, Mr. Harter said. Although he was involved in the construction of the offshore tax break and met with corporate lobbyists, Mr. Harter said he did not recall meeting with Ms. Olson or other PwC officials on the topic.

    Ms. Olson referred questions to PwC.

    The 2017 tax overhaul included a provision that let some people take a 20 percent tax deduction on certain types of business income. But the law — known as Section 199A — largely excluded an undefined category of “brokerage services.” In 2018, lobbyists for several industries, including real estate and insurance, visited the Treasury to try to persuade officials that the broker prohibition should not apply to them.

    On Aug. 1, records show, Ms. Ellis met with her former PwC colleague, Mr. Feuerstein, and three other lobbyists for his client, the National Association of Realtors. They wanted real estate brokers to qualify for the 20 percent deduction.

    The meeting took place before the first draft of the proposed rules was even made public, which meant that, right off the bat, Ms. Ellis’s former PwC colleague and his client had an inside track.

    When the Treasury published its first version of the proposed rules a week later, real estate brokers were eligible. The National Association of Realtors took credit for the victory on its website. (The final rules applied only to brokers of stocks and other securities.)

    Ms. Ellis’s meeting with Mr. Feuerstein appeared to violate a federal ethics rule that restricts government officials from meeting with their former private sector colleagues, said Don Fox, the acting director of the Office of Government Ethics during the Obama administration and, before that, a lawyer in Republican and Democratic administrations.

    Mr. Fox described the meeting as improper. “It certainly is going to call into question how that regulation was drafted,” he said. “There’s no way to undo the taint that is now going to be attached to that.”

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