Stonks, tendies, 🚀 and 💎 hands.

Game critic @Toddmartens takes a look at how internet culture, GameStop nostalgia and more intersected to create a dizzyingly complicated battle between hedge funds and retail investors latimes.com/entertainment-…
It's one thing to think the revolution will not be be televised, but it's a whole other challenge when it's memed and gamified, says @Toddmartens latimes.com/entertainment-…
Column: It’s been hard to escape hearing about GameStop, says business columnist @hiltzikm.

"Finally, the little guy has gotten revenge on the suits, we’re told. Also, the stock market will never be the same" latimes.com/business/story…
GameStop Corp.’s rally came to a screeching halt this week as the shares had their biggest one-day loss on record, erasing more than $27 billion in market value from their high latimes.com/business/story…
We spoke with several GameStop investors.

Here's what they shared with us:
latimes.com/business/story…

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More from @latimes

4 Feb
As streaming services and digital outlets change viewers' consumption habits, does this signal a new opportunity for Latinx creators?

@fidmart85 explores latimes.com/world-nation/n…
It’s 2021 and the powers that be are still ignoring Latinx stories, choosing instead to take nostalgia programming and reheat it for high definition television latimes.com/world-nation/n…
Netflix has done a much better job at telling Latinx stories with series such as “On My Block” and “Gentefied."

But, it’s also gotten it wrong latimes.com/world-nation/n… Image
Read 4 tweets
4 Feb
Prosecutors announced bribery and corruption charges against the former mayor of Maywood and 10 others, the latest step in a probe into allegations that officials accepted campaign donations in exchange for contracts, misused funds & abused their power.
latimes.com/california/sto…
Former Mayor Ramon Medina was charged with multiple counts of solicitation of a bribe, conspiracy, embezzlement and theft in connection with a wide array of corruption allegations, according to a 34-count criminal complaint made public Thursday.

latimes.com/california/sto…
An ex-city manager and former city planning director were also charged with multiple counts of theft, misuse of funds, embezzlement and conspiracy after they allegedly sought to sell properties earmarked for affordable housing to a buyer who wanted to erect a 24/7 bingo hall.
Read 7 tweets
4 Feb
Country music is responding to Morgan Wallen's racist slur controversy.

@MarissaRMoss reports latimes.com/entertainment-…
“I think he’s gotten away with more than any artist who’s not a straight white man ever could,” says @kalieshorr. “Careers have been lit on fire for much less.”
latimes.com/entertainment-…
“The problem is with the programmers who claim racism has no place at their stations but still won’t add @MickeyGuyton,” says a former country program director.

Some have noticed the controversy has had an impact on iTunes latimes.com/entertainment-… Image
Read 7 tweets
4 Feb
The numbers of new COVID-19 infections and hospitalizations are nosediving in Los Angeles County, welcome news following a catastrophic winter wave that pummeled the region.

However, officials stress that the county is far from out of the woods.
latimes.com/california/sto…
Though those figures have tumbled in recent weeks, they remain well above their pre-surge levels — and are still too high for the county to unlock additional sectors of its battered economy or to provide the long-term relief hospitals desperately need. latimes.com/projects/calif…
And the final, most devastating consequence of the pandemic — the number of people losing their battle with the disease — remains high.

About 201 Angelenos, on average, have died from COVID-19 each day over the last week.
latimes.com/california/sto…
Read 7 tweets
4 Feb
Fox News and three of its on-air hosts are being sued for $2.7 billion in a defamation lawsuit.

@SteveBattaglio has the story latimes.com/entertainment-…
Smartmatic, the voting software company that Donald Trump’s lawyers falsely accused of manipulating vote counts in the 2020 presidential election, has filed the lawsuit.

The three anchors named in the lawsuit: latimes.com/entertainment-…
A statement from Fox denied any wrongdoing.

“Fox News Media is committed to providing the full context of every story with in-depth reporting and clear opinion,” the company said.

More on the lawsuit: latimes.com/entertainment-… Image
Read 6 tweets
4 Feb
Actress and burlesque performer Dita Von Teese has responded to allegations of abuse leveled against her ex-husband, Marilyn Manson.

@christicarras reports latimes.com/entertainment-…
Von Teese released a statement supporting the musician’s accusers:

“Please know that the details made public do not match my personal experience during our 7 years together as a couple,” Von Teese wrote.
latimes.com/entertainment-…
“Abuse of any kind has no place in any relationship,” she added. “I urge those of you who have incurred abuse to take steps to heal and the strength to fully realize yourself.”

She also explained why she left her marriage to Manson latimes.com/entertainment-…
Read 6 tweets

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