6.19.2019

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All your news in a single email. We scour 100+ sources so you don't have to. Culture, science, sports, politics, business, and more - all packaged in a 5-minute read below.
Need To Know.
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Facebook Unveils Libra.
Facebook revealed plans to launch a cryptocurrency in the first half of next year, allowing users to seamlessly transfer money to anyone in the company’s network. The Libra currency will be offered as a nearly-free service to anyone on the social media giant's network and has been billed as a panacea for the world’s 1.7 billion unbanked people, offering a digital wallet, near-zero fees, and existing outside regulation of any single government. It shares features similar to other cryptocurrencies, including the well-known Bitcoin - namely relying on decentralized blockchain technology (see 101). Observers believe its adoption could herald wider acceptance of cryptocurrencies globally. Libra will be pegged to a basket of international currencies (read white paper), protecting against the volatility experienced by some other coins, and 27 organizations including Mastercard, Uber, and Visa are backing the project. Notably, Facebook will not control the currency, which will be overseen by the not-for-profit Libra Association.
Trump Launches 2020 Campaign.
President Trump officially announced his reelection campaign in front of a raucous crowd in Orlando, Florida last night. The appearance was flanked by banners proclaiming the campaign's new slogan, "Keep America Great", a modified version of the well-worn 2016 motto. An underdog in 2016, his reelection bid has gathered steam throughout his presidency, raising an unprecedented $100M in funds by last fall and entering April with $40M of cash in hand. At the same time, his campaign dismissed a number of pollsters after internal data leaked showing he was trailing potential Democratic candidate Joe Biden in a number of key swing states. Trump, who faces no significant primary opponent, will have to wait a while to know his 2020 opponent - 20 of the 24 Democratic candidates will face off in the first round of primary debates next Wednesday and Thursday. 

Trump has said he is considering live-tweeting next week's debates. 
Utility Settles in California Fires.
Utility provider Pacific Gas & Electric agreed to pay $1B in damages to settle lawsuits alleging its negligence and faulty equipment led to a number of deadly California wildfires. The announcement comes after federal documents filed early this year showed the company, which provides natural gas and electricity to 5.2 million people along the West Coast, delayed key safety upgrades of a high-voltage transmission line that is thought to have sparked the Camp wildfire last November, which killed 85 people as flames ravaged the town of Paradise. The town itself - which was essentially gutted in the blaze (see photos) - will receive $270M. The settlement also covered fires from 2015 and 2017, and the company preemptively filed bankruptcy in January, anticipating large losses from the lawsuits. 
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In The Know.
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Sports, Entertainment & Culture.
> US men's soccer tops Guyana 4-0 on Tyler Boyd's two goals to win its opening game of the 2019 Gold Cup (More) | See full schedule and how to watch the 16-team tournament (More)
> Netflix film Murder Mystery starring Jennifer Aniston and Adam Sandler sets all-time Netflix opening weekend record with viewership of 30M+ (More)
> Screenwriter and filmmaker Max Landis accused of sexual assault and harassment by eight women (More)
Science & Technology.
> Study links variations in how much energy a child’s brain consumes to obesity risks; the brain consumes roughly 50% of all energy intake during early childhood (More)
> Google to spend $1B over 10 years to build 20,000 homes in the Bay Area, with emphasis on affordable housing (More)
> Google Calendar goes down for three hours, hitting both free versions and enterprise G Suite software (More)
Business & Markets.
> President Trump plans to meet Chinese President Xi at the G-20 Summit next week in Japan to discuss trade war, US stock markets surge (S&P 500 +1.0%, Dow +1.4%, Nasdaq +1.4%) (More)
> PG&E settles California wildfire cases as part of bankruptcy reorganization for $1B with more than a dozen local CA governments (More)
> British Airways orders 200 Boeing 737 Max airplanes, ending drought since grounding (More)
Politics & World Affairs.
> Nominee for Defense Secretary Patrick Shanahan removes name from consideration, steps down from deputy role over past allegations of domestic abuse (More)
> Officials seize 33,000 pounds of cocaine in Philadelphia, one of the biggest drug busts in US history; haul would have been worth $1B on the street (More)
> Father of Sandy Hook victim wins defamation lawsuit against conspiracy theorists who published book denying the 2012 shooting that killed 20 schoolchildren (More)
Food, glorious food.
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Etcetera.
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Ranking the best children’s hospitals in the US.

Science says puppy dog eyes are a real thing.

The world's second-oldest person passes away at age 116

To prove a point about waste, this man ate expired food for an entire year.

The 25 most beautiful small towns in Europe.

NASA releases 140,000 high-resolution photos from its archives

Jerry Seinfeld photobombs daughter’s prom pics.

This van is like a hip apartment on wheels.

Clickbait: Cat filter leads to epic livestream fail for Pakistani politician.
Historybook: First recorded game of baseball (1846); Baseball great Lou Gehrig born (1903); HBD author Salman Rushdie (1947); Julius and Ethel Rosenberg executed for espionage (1953); HBD actress Zoe Saldana (1978); RIP Koko the gorilla (2018)
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