Good morning. It's Friday, Oct. 22, and we're covering an accident on the set of the upcoming movie "Rust," an end to the search for Brian Laundrie, and much more. Have feedback? Let us know at [email protected].
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Breaking: In overnight news, one person was killed and one other injured after Alec Baldwin discharged a prop gun on the set of the movie "Rust." The story is still developing.
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Federal officials confirmed yesterday remains found in Florida's Carlton Reserve were those of Brian Laundrie, the former fiancé of the deceased Gabby Petito. The identification ends a weekslong search for Laundrie, who was a person of interest in the investigation into Petito's death.
The pair had embarked in July on an east-to-west cross-country trip, from which Petito never returned. She was reported missing by her family in mid-September after Laundrie returned to his Florida home alone. Her body was found in Wyoming Sept. 19, by which time Laundrie had disappeared into the Florida preserve.
The discovery caps a massive search by state and local law enforcement for Laundrie; officials did not list a cause of death.
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Shares of coworking giant WeWork began trading yesterday, rising nearly 13% on the company's first day in the public markets. The debut comes more than two years after the company's first attempt at an initial public offering imploded, fueled by concerns over its cash losses and the eccentric behavior of former CEO and founder Adam Neumann.
The company filed to go public in 2019, but was dogged by questions around its revenue model, having lost nearly $2B in the previous year. Before filing, the company was last valued privately at $47B. Following the financial disclosures required by the IPO, WeWork was hit with dual challenges—stories about Neumann's freewheeling approach and a pandemic that forced many to work from home for months.
WeWork ultimately went public via a special purpose acquisition company which valued the company at $9B. See an overview of SPACs here.
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Former President Donald Trump announced plans to launch his own social media platform, ending months of speculation around the future of his online presence. Dubbed TRUTH Social, the platform is expected to open for select users in November while targeting a full rollout in the first quarter of 2022.
Trump was banned from major social media platforms over comments following the Jan. 6 storming of the US Capitol. At the time, he had almost 89 million Twitter followers and reached nearly 60 million users across Facebook and Instagram. A number of alternative platforms have since attempted to woo the former president. Former Trump aide Jason Miller recently released a Twitter alternative, GETTR, but failed to persuade his former boss to join.
TRUTH Social's parent company plans to be listed on Nasdaq via a merger with a SPAC, Digital World Acquisition Group, whose shares surged over 350% yesterday.
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Sports, Entertainment, & Culture
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> Los Angeles Dodgers stave off elimination by topping Atlanta Braves 11-2 in Game 5 of the National League Championship Series (More) | Houston Astros try to punch their ticket to the World Series tonight (8 pm ET, FS1) in Game 6 against the Boston Red Sox (More)
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> Cinemaphotographer dead, director wounded after prop gun accidentally discharged by actor Alec Baldwin on set of Western film "Rust" (More)
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