China Announces Restrictions, Meta Loses EU Court Battle & Major League Pickelball CEO

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China Announces Restrictions, Meta Loses EU Court Battle & Major League Pickleball CEO

China has restricted exports of high tech metals like gallium and uranium, both medical metals critical to manufacturing semiconductors and other technology. So the move is in response to the US blocking China from access to advanced chips and persuading allies in the Netherlands and Japan to limit exports of ship making tools. Well, China is the biggest global source of these metals. And according to the US Geological Survey, the US gets about half of its supply of both metals directly from China. Now the new restriction comes ahead of Treasury Secretary Janet Yellen's visit to Beijing tomorrow as part of the Biden administration's efforts to revive relations with China. All right. Meanwhile, Kristen Meta is in some hot legal water but after losing a challenge across the pond. So what's the latest on this story? That's right. Meta lost a legal battle. Baker with the European Union's top court yesterday regarding the way that the company uses personal data for advertising. So the court sided with the 2019 German Antitrust ruling that would require me to change how it gains consent from users to process their data for targeted ads. The ruling could pave the way to stricter scrutiny surrounding tech companies and meta did respond to the ruling saying, quote, we are evaluating the court's decision and will have more to say in due course, let's talk about something you and I both really enjoy doing a major shake up in the world of pickle ball. What is cheddar news learned about major league pickle ball here? Yeah, Baker at the beginning, I think of many stories in the pickle ball scene as the major league pickle ball has named a new chief executive and chief operating officer as the sport. Absolutely surges in popularity. So Julio de Pietro is going to become the Ceo Bruce Popko will assume the role of coo and it will work to expand the professional sports league by way of sponsorships, media rights, licensing and merchandizing. Well, pick a ball is America's fastest growing sport at the professional level and amateurs alike have taken to the social sport in droves. Some more than 36 million people played last year. And the goal for the league is to turn those casual fans into actual league followers. Will you get on board Baker? They just installed a pickle ball court in my apartment right now. But I know, but I know you actually have played with a pro in a different league. Some pickle ball though. Yes, I have. Thank you very much Eli Manning. Uh taught me how to play last November. You see it was so embarrassing. I with my first shot. But then Baker, I ended up beating him and he was actually on the floor of the New York Stock Exchange. Eli Manning was last week and I in the video and I said, hey, do you remember this? You taught me how to play? And he goes, yeah, you deserve the award for most improved player. So I think that's going to convert me to a follower. Well, I was gonna say, I'm sure very few people he's taught to play, pick ball end up beating him that just goes to show maybe you're a natural at this sport and you have a second career in something like this. You know, the trick go low. Absolutely. Yes, indeed. Chris Schaller.