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Statt-us Update 2/3/22 – Today’s Headlines & More

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Is Dolly Going Into The Rock & Roll Hall of Fame?

Dolly Parton, Eminem, Lionel Richie, Duran Duran, Beck, Carly Simon, and A Tribe Called Quest are among this year’s first-time nominees for induction into the Rock & Roll Hall of Fame. The Cleveland-based institution announced 17 artists and groups being considered for induction, including Rage Against the Machine (the band’s 4th nod), Pat Benatar, Dionne Warwick, Carly Simon, Judas Priest, and Beck. This year’s class will be announced in May, with an induction ceremony planned for later this year.

Everyone Is Making The Same Joke About The Washington Commanders

On Wednesday morning, Washington’s NFL team is now known as the Commanders. The new name comes 18 months after the franchise dropped its old Redskins moniker following decades of criticism that it was offensive to Native Americans, and under fresh pressure from sponsors. The team committed to avoiding Native American imagery in its rebrand after being called the Washington Football Team the past two seasons.

The question should be asked, however, if the organization thought the name through as much as they should have, as almost everyone on Twitter has been making the same joke about the name since it was announced: the Washington Commies.

Facebook loses users, wiping $200BN off value – Zuckerberg’s personal wealth takes $29BN hit

CEO Mark Zuckerberg believes Facebook’s decline in users is likely due to the boom in popularity of the competitor platform TikTok.  Facebook reported a nearly half million drop in daily users during the last three months of 2021, with only 1.93 billion users logging in each day.  Facebook’s parent company, Meta, saw its stock plunge 22.6% during after-hours trading on Wednesday. If the drop holds until the market opens Thursday, the company’s market capitalization – its overall value – is on track to drop by nearly $200 billion.  Zuckerberg personally experienced a more than $29 billion loss when the company’s stock fell Wednesday.  The falling stock prices come after the company’s unexpectedly heavy spending on its Metaverse project led to a rare decline in its fourth-quarter profit