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The top 15 stories curated by editors and fellow readers!
Editor's Pick
Chinas Fragile Social Compact - Foreign Policy (No paywall)
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malls have been the rage in China for decades, never falling out of
fashion as some would say they did long ago in the country that
invented them, the United States. Although a definitive count is hard
to come by, in Shanghai alone, China’s largest city and one of its
richest, there are said to be hundreds of malls, and I’ve been
visiting them frequently since the early 2000s, when I lived in the
city.
This might make malls an unlikely backdrop for an insight into ongoing
social currents in the country, but that’s exactly what my dinner
experience delivered to me on this night. First of all was the
location. When I received the invitation, I immediately recognized the
address, Middle Huaihai Road, in the city’s elegant former French
Concession. And as I approached the place in a car hailed using an
Uber-like app, I remembered the neighborhood as having once been home
to one of the city’s biggest and most famous fake-goods markets. For
decades, this was where airline crews and foreign visitors flocked to
purchase knockoffs of Western luxury brands at rock-bottom prices, as
well as pirated copies of DVDs of the latest Hollywood releases, among
other goods.
Continued here [[link removed]}&lead=419599&emailid=55318&nl=daily]
"TradeBriefs delivers the right information at the right time. It's my
trusted source for understanding market dynamics across different
regions."
- Taro Yamada, Senior Analyst, Pacific Rim Markets, Japan
Work
Alabama High School Football Player Dies After Sustaining Head Injury
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The National Center for Catastrophic Sport Injury Research reported 16
deaths of football players in 2023 across college, high school, middle
school and youth leagues, three of which were traumatic brain
injuries, including two in high school football and one in a youth
league. All three of those deaths happened during games. The others
were attributed to other medical conditions including heat stroke,
cardiac arrest or a pulmonary embolism.
Work
I was fired from Deloitte after 18 months. Here are the mistakes I
made as a new grad. - Business Insider (No paywall)
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This as-told-to essay is based on a conversation with Eddy Gramajo, a
32-year-old accountant based in San Diego. Business Insider has
verified his employment history and salary details. The following has
been edited for length and clarity.
Work
Southport attack: Pakistan drops disinformation case against Farhan
Asif [[link removed]}&lead=419599&emailid=55318&nl=daily]
Unrest broke out in England and Northern Ireland earlier this month,
after disinformation spread about the name and identity of the alleged
perpetrator of a stabbing attack in Southport in which three young
girls died.
Work
Cows obstruct Nigeria's capital as climate change and development
leave herders with nowhere to go
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ABUJA, Nigeria (AP) — At an intersection seven miles from the
presidential villa, frustrated drivers honk as a herd of cattle feeds
on the grass beautifying the median strip and slowly marches across
the road, their hooves clattering against the asphalt. For the teenage
herder guiding them, Ismail Abubakar, it is just another day, and for
most drivers stuck in the traffic, it’s a familiar scene unfolding
in Nigeria’s capital Abuja.
Work
The world's tiniest batteries could power robots the size of cells
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A zinc–air microbattery, with a volume of just two picolitres
(2×10-12l), can store an average of 7.7 microjoules of energy and
deliver up to 2.7 nanowatts of power to electrical components, such as
memristors, clock circuits and actuators. These high energy density
batteries are simple to produce and the researchers say they could be
made on a massive scale to power colloidal robots – microrobots that
can move through liquids, such as blood, by themselves.
Work
Iceland police say 1 tourist dead, 2 missing in ice cave collapse
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Reykjavik, Iceland — One person has died and two others were still
missing a day after an ice cave collapsed in southeast Iceland while a
tour group was visiting the area, police said Monday. A group of 25
people of "several nationalities" were on an organized tour of the
glacier Breidamerkurjokull together with a guide, when the cave
collapsed, police said in a statement.
Work
Oregon plan offers $30,000 to help migrants buy homes
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A taxpayer funded housing support group in Portland, Oregon, has been
offering grants of $30,000 to first-time buyers in the state, but with
only those who are not U.S. citizens eligible to apply.
Work
Why Democrats aren't talking much about one of their biggest issues
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Vice President Kamala Harris, accepting her party’s nomination for
president, gave a brief nod to the fundamental freedom to “live free
from the pollution that fuels the climate crisis.”
Work
How Ukraine Beat Russia in the Black Sea
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“Here she comes,” said the drone operator. “Get ready to grab
it.” From the shore we could see the vessel coming, its nose bobbing
in the waves as it approached the naval base. A few soldiers stood
beside me on the beach, squinting and sweating in the midday sun. One
of them, a technician from Ukraine’s military intelligence service,
waded into the water with a pair of rubber boots and let the machine
float into his arms. Then he stroked it gently, like a doting father,
and looked back to gauge my reaction.
Work
Javier Milei is splurging on the army - The Economist (No paywall)
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Self-proclaimed anarcho-capitalists ought to be sceptical of large
standing armies. President Javier Milei of Argentina seems to relish
them. Even as he tightens the government purse, he has committed to
raising defence spending from 0.5% of GDP to 2% over the next eight
years. He vows to “restore the prestige” of the army and transform
it into a hi-tech force.
Work
WHO launches plan to stanch mpox transmission and says the virus can
be stopped - STAT (No paywall) [[link removed]}&lead=419599&emailid=55318&nl=daily]
The U.N. health agency on Monday launched a six-month plan to help
stanch outbreaks of mpox transmission, including ramping up staffing
in affected countries and boosting surveillance, prevention and
response strategies.
Work
Kroger and Albertsons Head to Court to Keep Feds From Blocking Merger
- Inc.com (No paywall) [[link removed]}&lead=419599&emailid=55318&nl=daily]
The two companies proposed what would be the largest supermarket
merger in U.S. history in October 2022. They say joining together
would help them rein in costs and better compete with big rivals like
Walmart and Costco.
Work
We can diagnose an object's quantumness from the way it radiates heat
- New Scientist (No paywall) [[link removed]}&lead=419599&emailid=55318&nl=daily]
Everything radiates heat, but when quantum objects do it, they can
reveal properties that would otherwise be difficult to detect without
being destroyed in the process. This means we can diagnose an
object’s quantumness by observing how it warms up or cools down.
Work
Learning Language Like a Baby Could Help Adults Learn a Second
Language Easier - Discover Magazine (No paywall)
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You’ve probably heard that it’s extremely difficult for adults to
learn a second language. You may even have proof: You tried it
yourself, and it didn’t work. But maybe that’s because you took
the wrong approach.
Work
Robert F. Kennedy, Jr., Steps Aside for Donald Trump - The New Yorker
(No paywall) [[link removed]}&lead=419599&emailid=55318&nl=daily]
In early August, Robert F. Kennedy, Jr., then an Independent candidate
for President, posted a video of himself, on X, telling a story to
Roseanne Barr about the time he picked up a dead bear on the road
about ten years ago. Planning on skinning it and putting it in the
refrigerator, he said, he placed it in the trunk of his car and kept
it there during a dinner at Peter Luger Steak House, in Brooklyn.
Afterward, he had to go to the airport, so he decided to take a detour
to Manhattan’s Central Park to deposit the carcass alongside an old
bicycle. The video only made sense as an attempt by Kennedy to get
ahead of my Profile of him, which was scheduled to run the following
day, and which included an admittedly less detailed version of
Kennedy’s ursine antics.
Work
Hungry for Clean Energy, Facebook Looks to a New Type of Geothermal
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Sage has already drilled a test well in South Texas to demonstrate its
approach. The startup now aims to build its first large-scale power
plant at a yet-to-be-determined location east of the Rocky Mountains,
with the first phase coming online by 2027.
Work
Apple's iPhone 16 event is coming. Here's what to expect
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The biggest change here, according to MacRumors, is the replacement of
the Lightning port with the USB-C port — a move it has already made
on its latest iPhones, iPads, and AirPods to appease European
regulators.
Work
Rudy Franchi, Who Put Movies at the Center of a Technicolor Life, Dies
at 85
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Mr. Franchi was not a gadfly, per se, but he was the sort of person
whose name was familiar in the letters-to-the-editor departments of
newspapers, especially The New York Times. It published six of the
many missives he sent in on topics like the foreign exchange rates of
American Express traveler’s checks, a critique of Playbill magazine
and a brief history of neon signs.
Work
He Regulated Medical Devices. His Wife Represented Their Makers.
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In a review of thousands of pages of court documents and F.D.A.
records and dozens of interviews with current and former agency staff
members and advocates, The Times identified some clients and several
instances in which the Shurens’ roles intersected.
Work
Opinion | Inflation Is Fading, Statistically and Politically
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Not necessarily. Surveys suggest that the political salience of
inflation and the economy in general have been fading. It’s probably
too late to convince voters that Democrats have done a good job
managing the economy, even though that’s objectively the case —
overall, America has outperformed other wealthy nations, achieving
exceptionally high growth without exceptionally high inflation. But
the economy is looking less and less like the, um, trump card
Republicans were counting on.
Work
Apple to replace CFO Luca Maestri on Jan. 1
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Apple is not the only Silicon Valley giant experiencing a shake-up in
finance. At Alphabet, Ruth Porat announced in July 2023 that she was
leaving the CFO role to become president and chief investment officer.
In June, the company finally announced a replacement, bringing in Anat
Ashkenazi, who had been leading finance at Eli Lilly. A year before
Porat's move was made public, Meta named Susan Li as CFO, replacing
David Wehner, who was becoming chief strategy officer.
Work
Apple announces iPhone event for Sept. 9
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This year's version is called iOS 18, and will eventually include
Apple Intelligence, a collection of artificial intelligence features
for daily usage such as summarizing messages and generating cute
images. However, Apple's recent developer preview signaled that Apple
Intelligence features will likely launch shortly after Apple's
hardware launch.
Work
Rescue effort at ice cave in Iceland ends after police say no one is
missing
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The crystal-blue ice cave of the Breiðamerkurjökull glacier tongue
has long been an attraction for tourists from around the world. It
flows from Vatnajökull, Iceland’s largest glacier. Historical
accounts suggest the glacier tongue advanced towards the Atlantic
Ocean until around the turn of the 19th century. According to the US
Geological Survey, it has been in full retreat since about 1930.
Work
Tens of thousands fill streets on final day of Notting Hill carnival
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A freedom of information request published by the Met police details
the number of stabbings, both fatal and non-fatal, between 2017 and
2023. There were 10 stabbings last year, none of which was fatal. The
peak was seen in 2019 when there were 18 stabbings. The lowest number
of incidents, seven, was recorded in 2018 and 2022.
Work
Beam Mobility secretly deployed 'phantom' e-scooters in Australia and
NZ to dodge fees and boost profits | TechCrunch
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The Port of Seattle, which also operates the Seattle-Tacoma
International Airport, said it was hit with a “possible
cyberattack” that appeared to affect websites and phone systems. The
port first…
Work
These fintech companies are hiring, despite a rough market in 2024 |
TechCrunch
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The Port of Seattle, which also operates the Seattle-Tacoma
International Airport, said it was hit with a “possible
cyberattack” that appeared to affect websites and phone systems. The
port first…
Work
Elevate your brand in a Side Event at Disrupt 2024 | TechCrunch
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The Port of Seattle, which also operates the Seattle-Tacoma
International Airport, said it was hit with a “possible
cyberattack” that appeared to affect websites and phone systems. The
port first…
Work
Final week: ScaleUp your startup at TechCrunch Disrupt 2024 |
TechCrunch
[[link removed]}&lead=419599&emailid=55318&nl=daily]
The Port of Seattle, which also operates the Seattle-Tacoma
International Airport, said it was hit with a “possible
cyberattack” that appeared to affect websites and phone systems. The
port first…
Work
Five months after Microsoft hired its founders, Inflection adds usage
caps to Pi | TechCrunch
[[link removed]}&lead=419599&emailid=55318&nl=daily]
The Port of Seattle, which also operates the Seattle-Tacoma
International Airport, said it was hit with a “possible
cyberattack” that appeared to affect websites and phone systems. The
port first…
Work
Viggle makes controllable AI characters for memes and visualizing
ideas | TechCrunch
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The Port of Seattle, which also operates the Seattle-Tacoma
International Airport, said it was hit with a “possible
cyberattack” that appeared to affect websites and phone systems. The
port first…
Work
Ultrasound Brain Stimulation Boosts Mindfulness - Scientific American
(No paywall) [[link removed]}&lead=419599&emailid=55318&nl=daily]
Even when you aren’t doing anything, your brain is relentlessly
active—daydreaming, ruminating, contemplating the past or future.
How this mind wandering functions can significantly shape a person’s
internal conscious experience.
Work
More Australians agree with Dutton's visa pause for Gazans than oppose
it, Guardian Essential poll shows
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More than half (51%) of respondents are satisfied with the Australian
government's response, while twice as many (32%) say Australia has
been too supportive of Israel than say it has been too harsh on Israel
(16%).
Work
Trump and Harris Embody a Stark Partisan Divide on Fighting Poverty
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Mr. Trump says little about his role in pandemic-era poverty programs,
which many Republicans view as having been excessive and fraud-ridden.
Instead, he touts his 2017 tax cuts, which he credits for boosting the
economy and reducing poverty to a prepandemic low, and he has vowed to
extend them when they expire next year. Most of the direct benefit
from those cuts went to corporations and the wealthy.
Work
Harris and Trump Squabble Over Debate Rules as ABC Matchup Looms
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He added a dig for good measure: “Our understanding is that
Trump’s handlers prefer the muted microphone because they don’t
think their candidate can act presidential for 90 minutes on his
own.”
Work
Dangerous Heat Returns to Central and Eastern U.S. This Week
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The heat is expected to build in the Midwest through Tuesday, then
move to the Mid-Atlantic and Southeast by the middle of the week.
Temperatures will break 90 degrees and near 100 degrees in many areas
in the Midwest.
Work
Check out this week's auction block roundup
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Originally published in 1910, this account of Theodore Roosevelt’s
travels in Africa was signed by the late president. The two-volume
book is worth an estimated $2,000 and will be available at a Doyle
auction from August 27 through September 12.
Work
Red Lobster's new owners found the next CEO at P.F. Chang's
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Red Lobster, meanwhile, has struggled to stay afloat as food prices
increased and interest in the chain dried up. It was hoping its
all-you-can-eat shrimp deal would attract back its shrinking customer
base, but the deal led to millions in losses as people took the
“all-you-can-eat” edict more seriously than the chain hoped.
Work
Watch live: SpaceX Polaris Dawn launches for first private space walk
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SpaceX said the crew will be “reaching the highest Earth orbit ever
flown while moving through portions of the Van Allen radiation
belt.” At that point, it will be about 870 miles from the Earth’s
surface. The space walk will take place at half that distance.
Work
The WHO says it needs $135 million to fight Mpox
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Bavarian Nordic and Emergent BioSolutions (EBS) are the makers of the
only two vaccines that the U.S. Centers for Disease Control and
Prevention (CDC) recommends for Mpox. Their stocks have surged since
the WHO declared an international public health emergency.
Work
Nvidia earnings are coming this week. Here's what to expect
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The chipmaker beat Wall Street’s expectations in its first-quarter
earnings, reporting revenue of $26 billion — a 262% increase from
the previous year. Huang announced that Nvidia already has another
chip coming after Blackwell, and added that it is “on a one-year
rhythm,” for developing new chips.
Work
This week's most fabulous real estate listings
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This sprawling seven bedroom, seven bathroom Atlanta mansion is
located in a luxurious gated community that offers a playground, a
pool and a park. The 6,300 square foot property was first built in
2013 and includes a library, a sunroom and a top-of-the-line kitchen.
Listed at $2,375,000, there will be an open house at 591 Park Drive
NE, Atlanta on August 31.
Work
Southwest Airlines changes are too little too late, activist investor
Elliott says
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“I know from personal experience that investors, when collaborative
with leadership, can play a useful role in driving positive change,”
he writes. “But realizing enduring change with long-term benefits is
hard to achieve in this industry—and chasing a short-term bump in
share price can trigger long-term negative implications for the brand,
business, and culture.
Work
Telegram CEO Pavel Durov arrested in France
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Another cryptocurrency, Notcoin, which operates on the TON blockchain
and is recognized for its integration with Telegram’s crypto
features, also faced a significant drop following Pavel Durov’s
arrest. Notcoin is currently trading at approximately $0.009079, a 25%
decrease since the arrest.
Work
Hackers ruined everyone's weekend at a major international airport
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Things seem to be running smoothly so far Monday morning, but the
airport’s website remains inaccessible. The Seattle Times reports
that there is no immediately available estimate for a return to full
service.
Work
An Ozempic rival is 'onto something pretty amazing' with experimental
weight loss drugs, investor says
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Viking is also planning a phase 2 trial of an oral version of VK2735
for the fourth quarter of this year. A previous small clinical study
found that patients taking a daily 40mg dose of Viking’s weight loss
pill lost an average of up to 5.3% of their body weight in just 28
days.
Work
Artificial Superintelligence Alliance, Solana, FLOKI, and more:
Cryptocurrencies to watch this week
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The popular memecoin FLOKI is rallying after crypto exchange Binance
announced it would support the airdrop for Simon’s Cat (CAT) —
another memecoin on the BNB Chain — exclusively for FLOKI holders.
In the crypto world, an airdrop is a marketing strategy where small
amounts of cryptocurrency are distributed to a wide range of wallet
addresses, typically to promote a new token.
Work
Intel wants to stay ahead of activist investors as it struggles
against Nvidia
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But it’s looking to mount a turnaround. Earlier this month, Intel
announced that it would embark on a plan to save $10 billion in 2025.
That includes reducing its headcount by roughly 15,000 roles, or 15%
of its workforce, as well as suspending its stock dividend and
reducing capital expenditures by more than 20%.
Work
U.S. crude oil jumps more than 3% on Libya production halt for best
day in two weeks
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Israel launched a major wave of airstrikes in Lebanon on Sunday,
describing the operation as a preemptive strike to prevent Hezbollah
from firing a barrage of missiles. Hezbollah said it had launched
hundreds of missiles at Israel in retaliation for the killing of one
of the militia's senior commanders in July.
Work
Amazon is telling its salespeople to trash talk Google, Microsoft, and
OpenAI
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Amazon is reportedly working on an AI chatbot, internally called
“Metis,” to rival OpenAI’s ChatGPT, according to Business
Insider. The chatbot will be accessible through a web browser and will
be powered by one of the company’s internal AI models, Olympus,
Business Insider reports, citing unnamed sources familiar with the
matter and an internal document. Olympus is reportedly more powerful
than Amazon’s publicly available AI model, Titan.
Work
In Russia, questions swirl over Telegram CEO's arrest
[[link removed]}&lead=419599&emailid=55318&nl=daily]
Ms Moskalkova made no mention of the Signal messaging app, to which
the Russian authorities blocked access earlier this month, or YouTube,
access to which has been severely limited now in Russia. Facebook and
Instagram have already been blocked here.
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