In the Know:
- Rudy Giuliani filed bankruptcy after jury ordered $148M payment.
- Houthi attacks on commercial ships in Red Sea could delay IKEA deliveries.
- Bird flu to spread in Antarctica threaten to emperor penguins.
- Vin Diesel sued by former assistant of sexual battery.
In the Know
- Trader Joe’s issued its third product recall in a week, saying its Fully Cooked Falafel may contain rocks.
- Singapore hanged a woman for the first time in 19 yrs for allegedly trafficking 1 ounce of heroin.
- X (formerly Twitter) reinstated Kanye West’s account.
In the Know
- Musk started yet another company, xAI. He’ll reveal more in Twitter Spaces on July 14.
- FTC to appeal judge’s decision allowing Microsoft to purchase Activision Blizzard.
- Apple unveiled a public beta version of its next iPhone OS, that you try out now.
In the Know
- Facebook and Instagram won’t allow news on their platforms in Canada after they passed a law forcing tech companies to pay fees for using domestic media content.
- Bitcoin hit its highest price in a year, signaling that a thaw has come in the crypto winter.
In the Know
- Twitter sued by music publishers claiming 1,700 copyrighted songs are widely available on the platform.
A jury awarded $25.
- Diablo IV made more than $666 million in global sales in just 5 days.
- Netflix is opening a pop-up restaurant in LA.
In the Know
- GM’s CEO Mary Barra announced that the company’s EVs will soon be compatible with Tesla’s Superchargers.
- Amazon is planning to pull a Netflix and roll out an ad-supported tier for Prime Video.
- The NBA has picked Michelob Ultra as its first global beer partner.
In the Know
Biden tripped and fell over sandbag at an Air Force Academy’s graduation ceremony.
Airbnb sued NYC over upcoming law the company says amounts to a “de facto ban” on short-term rentals.
The FDA warned Americans not to buy off-brand weight-loss drugs Ozempic.
In the Know
- Nike facing lawsuit for “falsely and misleadingly” marketed products as sustainable & environmentally friendly.
- Comcast will sell 33% stake in Hulu to Disney.
- The DOJ charged former Apple staff for stealing autonomous vehicle trade secrets for Chinese company.
In the Know
- Google accounts no longer require passwords.
- Discord told all of its users that they will have to change their usernames over the coming weeks.
- NY and CA attorneys general opened an investigation into workplace discrimination against women at NFL offices.
WHAT ELSE IS BREWING
•Apple’s new savings account draws nearly $1 billion in deposits in first 4 days (Forbes)
•The UK doesn’t want Microsoft’s Activision Blizzard deal. (The Verge)
•Scientists use GPT AI to passively read people’s thoughts in breakthrough (Vice)
In the Know
- The FAA introduced 169 new flight routes aimed at making trips along the East Coast shorter and faster to mitigate some of the impending summer travel chaos. The agency says the new flight paths will save 6,000 minutes of travel time per year.
#morningBrew
In the Know:
- Disney's 2nd round of layoffs in efforts to save $5.5 billion.
- Coinbase sued the SEC to force an answer on their petition for cryptocurrencies regulation.
- Ed Sheeran defending “Thinking Out Loud” against claims it ripped off Marvin Gaye’s “Let’s Get It On”.
In The Know
- Bed Bath & Beyond will start closing its stores.
- A widely used abortion pill will remain on the market for now.
- Earnings by First Republic Bank will give insight into the shortfall from last month’s banking storm
In the Know:
- Meta started another round of layoffs, focused on its technical teams.
- Taylor Swift, who did her homework when FTX approached her for an endorsement deal.
- Barbie and Gap are collaborating on a line of clothes and accessories ahead of the Barbie movie.
What Else is Brewing?
- Dallas Mavericks fined $750k for benching star players in apparent effort to tank a recent game.
- A European spacecraft left Earth for 8 year journey to explore Jupiter
- Becks let AI design a beer, named Autonomous, but you can only get it in Europe.