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The top stories being read around the world right now!


From the Editor's Desk

What Sets Genius Teams Apart

The most successful executive teams can achieve outsized outcomes, but they can also be challenging to manage and be a part of. The author, a psychologist who has worked with executive teams for over 20 years, explains what sets the best teams apart — their members’ raw capacity, the scale of their aspiration and achievement, and their constant generative tension — and unpacks how to manage the latter so that teams are productive, not destructive.

Continued here


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Work
Meta's AI costs are about to go through the roof  
  

AI spending could push the company's overall cost to $50 billion in 2025, according to one analyst


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The Republicans Who Want to Make America Have Babies Again  
  

JD Vance has long spoken about his concerns about the falling birthrate and its not just him.






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Elon Musk shared an AI-altered video of Kamala Harris on X -- where it's seemingly banned  
  

The X owner reposted a doctored video of the vice president appearing to call herself the "ultimate diversity hire"


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Ackman's Wait for His Long-Awaited Fund Offering  
  

The billionaire financiers U.S.-listed investment vehicle is facing a delay in pricing its I.P.O., the latest speed bump in its journey to the public markets.




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Apple releases first preview of its long-awaited iPhone AI  
  

Apple on Monday released the first version of Apple Intelligence.


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El Chapo's Son Abducted Fellow Cartel Leader to the U.S., Officials Now Say  
  

U.S. officials say Joaqun Guzmn Lpez, a son of El Chapo, forced Ismael Zambada Garca onto a plane bound for the United States, in a case that landed the two Sinaloa cartel leaders in custody last week.




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Nations Denounce Venezuelan Election, Demanding Transparency  
  

The United States and many Latin American countries said President Nicols Maduro cannot claim victory without the full release of vote counts.


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Sony's PlayStation VR2 is cheaper than ever right now  
  

The PlayStation VR2 is now $205 off at $345, which is its lowest price to date. The discount comes just before Sony enables PC support for the headset.


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Ukraine military intelligence claims role in deadly Wagner ambush in Mali  
  

Malian rebels received necessary information to kill fighters from Russian military group last week, GUR says




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Mexico president asks cartels not to fight each other after arrest of drug lords  
  

Andrs Manuel Lpez Obrador makes unusual public appeal after arrest of top leaders of Sinaloa cartel


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Western citizens urged to leave Lebanon as efforts to deter Israeli attack continue  
  

Travel warnings issued as US diplomatic efforts reportedly focus on constraining Israels response by urging it against targeting densely populated Beirut




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Firefighters continue battle against more than 100 blazes burning in the US  
  

Many fires ignited by weather, with climate crisis increasing lightning strikes amid blistering heat and dry conditions


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Biden calls for supreme court changes and decries Trump immunity ruling  
  

President calls immunity principle dangerous in Austin speech, and proposes code of conduct and term limits




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The fall of EV startup Fisker: A comprehensive timeline | TechCrunch  
  

Here is a timeline of the events that led fledgling automaker Fisker to file for bankruptcy.


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DEI backlash: Stay up-to-date on the latest legal and corporate challenges | TechCrunch  
  

It's clear that this year will be a turning point for DEI.




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Stripe's easy-peasy acquisition and why is Twitch still losing money?  
  

Todays episode of Equity dives into Stripe's latest acquisition, one YouTuber's successful exit, why Twitch is still losing money and an autonomous vehicle company making a comeback.


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Kamala Harris is an honorary member of Gen X. Here's how her finances compare to others of that generation  
  

The vice president appeals to younger voters turned off by the baby-boomer-ification of American politics.


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Guardian Essential poll: almost a third of Australians say they would vote for Trump if they could  
  

Survey records 15-point surge in support for Republican presidential nominee since November 2020, with 36% now considering him favourably


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One Word Has Elevated Minnesota's Governor to the Democrats' V.P. Wish List  
  

These guys are just weird, Gov. Tim Walz, a former schoolteacher, has said of the opposition.


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Seattle's 'Belltown Hellcat' Is Arrested and Barred From Instagram  
  

After months of roaring around the city in a souped-up Dodge Charger, drawing furious complaints and unpaid fines, Miles Hudson was led out of court on Monday in handcuffs.


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Photos of the California Park Fire  
  

The fire, which has been burning since last Wednesday, is already one of the largest in the states history.


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Roy Cooper Withdraws From Harris's Vice-Presidential Field  
  

Mr. Cooper, the governor of North Carolina, had been seen as one of the half-dozen top candidates to join the Democratic presidential ticket.


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Republicans and Democrats Name Members of Trump Assassination Inquiry  
  

House leaders picked 13 lawmakers with background in national security and law enforcement, including a Republican who trafficked in conspiracy theories about the Jan. 6, 2021, attack.


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A Trump-Supporting Sheriff's Stand Against Kari Lake in Arizona  
  

Mark Lamb, a right-wing immigration hard-liner, once might have been the archetypal Republican Senate candidate in the border state. But hes the underdog in Tuesdays primary.


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U.S. National Debt Tops $35 Trillion for First Time  
  

The presidential candidates have offered few ideas for reducing the debt burden as red ink continues to mount.


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3 Arrested in Gang-Related Murder of Rapper in Florida  
  

The authorities said five people traveled from Jacksonville to Tampa to locate and kill the rapper known as Julio Foolio. Three of them are in custody on murder charges.


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Teenager Accused of Derailing Train and Posting Crash Video Online  
  

Investigators said a 17-year-old charged with intentionally causing a freight train derailment in Nebraska had recorded the crash, which he then posted on YouTube.


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Aides in Congress Create Dissent Channel to Protest Support for Israel  
  

An anonymous group of junior staff members has modeled its effort on an internal State Department messaging system, hoping to create an outlet for calls for a cease-fire in the war in Gaza.


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Why the Kamala Harris of Four Years Ago Could Haunt Her in 2024  
  

She ran to the left as progressive ideas dominated the last competitive Democratic primary. Now, in a tough general election, Republicans are digging up her old stances.


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Trump Agrees to Be Interviewed by F.B.I. in Its Investigation Into Gunman  
  

The bureau also provided the most comprehensive portrait to date of the gunman, revealing that he had carefully concealed more than two dozen online purchases of weapons and explosives using aliases.


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Ford lost nearly $50,000 on every electric car it sold  
  

The automaker's EV division has lost a staggering $2.5 billion so far this year and its on track to lose double that by the end of 2024


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Olympic surfers are staying on a cruise ship with a waterslide and real beds  
  

The olympians are aboard the Auanui 5, which is anchored off Teahupoo, Tahiti


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The Memo: A quitting strategy   
  

A quarter of bosses admitted that they hoped return-to-office (RTO) mandates would lead to employees quitting, according to a new survey.


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McDonald's is going bigger than a Big Mac  
  

The burger giant is pilot testing the 'Big Arch' in select markets


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Apple gives developers a first taste of its big AI push  
  

Apple Intelligence was released to registered Apple developers in the beta version of iOS 18.1


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A United Airlines flight had to be diverted after a 'biohazard' incident  
  

There was so much vomit happening that the plane had to land early


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Full Self Driving is the whole point of buying Tesla stock, analysts say  
  

"Just like cheap flip-phones, we dont think anyone will buy non-FSD cars" in the future, Piper Sandler's team wrote


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The highest paid athletes at the Paris Olympics  
  

The cumulative salaries of Team USAs basketball team total $504 million


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The Boeing CEO search just roped in a big aerospace name  
  

Former Rockwell Collins CEO Kelly Ortberg is reportedly in the running


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Paris Olympics' $1.5 billion Seine cleanup thwarted by rain  
  

Heavy rain has caused river training to be suspended due to unsafe water quality


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Donald Trump's Bitcoin promises send the cryptocurrency's price higher  
  

Trump vowed to establish a strategic national Bitcoin reserve and oust SEC Chair Gary Gensler


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Most renters want to be homeowners -- but they don't think they'll ever afford it  
  

While most renters want a home, more than half feel they'll never afford one, a new CNN poll found


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A new blood test for colon cancer just got approved by the FDA  
  

Guardant Healths Shield test demonstrated 83% sensitivity in detecting people with colorectal cancers


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Apple's big AI rollout seems to have hit a snag  
  

Apple is planning for Apple Intelligence to be part of software updates in October, Bloomberg reported


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Bitcoin, Bitcoin Cash, Ether, and more: Top crypto to watch this week  
  

After Donald Trump's speech at the Bitcoin conference, the cryptocurrency market has received a boost


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McDonald's misses the mark as inflation weary consumers stay away  
  

The fast food chain's U.S. and international sales declined during the second quarter


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Bitcoin nears $70,000, boosted by Trump's Bitcoin conference promises  
  

Trump vowed to establish a strategic national Bitcoin reserve and oust SEC Chair Gary Gensler


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'Bean counters' get their revenge  
  

Experts and officials look like they will get more of a hearing than under the last government.


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Delays in food hygiene inspections 'serious public health issue'  
  

One in five restaurants and takeaways not inspected for more than two years, investigation finds.




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