7.29.2019

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Need To Know.
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California Shooting.
Three people were killed and at least 15 injured after a gunman opened fire at a popular festival in Gilroy, California. According to reports, the attacker cut through the fence at the Gilroy Garlic Festival to avoid security before witnesses said he began indiscriminately firing into the food area - one of the victims fatally shot included a 6-year-old boy. The shooter was ultimately killed after engaging with police - officials had not released details about the gunman or his motives as of early this morning. The popular three-day festival draws an estimated 100,000 to the small town southeast of San Francisco to celebrate its agricultural heritage. Based on witness statements, police say they believe a second suspect may have been involved in the shooting, though it remains unconfirmed. 

Videos posted to social media showed people fleeing as gunshots can be heard in the background (warning - video may contain sensitive content). 
Moscow Protests.
Over 1,300 people were arrested in the Russian capital of Moscow over the weekend as police cracked down on demonstrations over the fairness of city elections. The protests were sparked by the elimination of nearly 30 opposition candidates running for city offices, with officials saying they had forged signatures on their election petitions and were therefore disqualified. Opposition supporters rejected the claim, saying the elimination was politically motivated and left no ballot alternative to politicians who support President Vladimir Putin for the September 8th elections. The crackdown came just one week after an estimated 25,000 people took to the streets demanding free and fair elections in the city. Opposition leader Alexei Navalny was arrested last Wednesday and faces up to 30 days in jail for helping organize the unsanctioned event. Putin maintains a strong grip on the country's government, though his poll numbers have sunk (but remain above 60%) amid a slow economy. 

Separately, police fired tear gas in Hong Kong as pro-democracy protesters gathered for the seventh weekend in a row. 
The Other World Cup.
16-year-old Kyle “Bugha” Giersdorf won the first-ever Fortnite World Cup Solo finals, taking home $3M in the process. Bugha racked up 59 points, almost doubling the second-place finisher Harrison "Psalm" Chang (see final standings), playing live in front of a packed Arthur Ashe Stadium in Queens, New York City. The survival-shooter game is one of the most prominent online multiplayer games and is at the forefront of the burgeoning e-sports industry, which is expected to surpass $1B in total value by 2021. Fortnite - whose most popular version is a battle royale mode in which groups of around 100 players essentially get air-dropped into a last-man-standing deathmatch (video explainer) - has nearly 70 million active players and has spawned numerous e-sport celebrities. Over 40 million players entered the World Cup, and the 2nd, 3rd, and 4th place finishers all took home over $1M in winnings. 

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In The Know.
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Sports, Entertainment & Culture.
> Egan Bernal becomes first Colombian to win Tour de France; 22-year-old Bernal is youngest winner in 110 years (More)
> Disney breaks all-time record for a single film studio with $7.67B so far in 2019 (More) | Once Upon a Time in Hollywood opening weekend brings in $40M, a record for Quentin Tarantino films (More)
> Famed astrophysicist Neil deGrasse Tyson to keep job as head of Hayden Planetarium at NYC’s American Museum of Natural History following investigation into sexual misconduct allegations (More)
Science & Technology.
> Study finds new mechanism that causes cells to age; cells that have stopped replicating, or senescent cells, stop producing DNA building blocks known as nucleotides (More)
> Louisiana declares a state of emergency as ransomware spreads through at least three school districts' computer systems (More)
> Researchers discover new type of regenerative liver cell, may replace the need for liver transplants; 8,000 transplants are performed in the US each year (More)
Business & Markets.
Brought to you by NextAdvisor
> US Gross Domestic Product (GDP) grows 2.1% in Q2, down from 3.1% in Q1, but slightly above expectations (More)
> Justice Department approves T-Mobile's acquisition of Sprint on condition that companies divest certain assets to Dish Network, who will create 4th US wireless network (More)
> Earnings Season: McDonald’s sees strongest growth since 2012, shares hit all-time-high (More) | Social media giant Twitter shatters Wall Street expectations, shares up 9% (More)

The card offering 0% interest until nearly 2021. Learn all about this card's $150 signing bonus, 1.5% cash back on all purchases, and 15-month 0% intro APR (More) #Ad
Politics & World Affairs.
> Director of National Intelligence Dan Coats to step down, reports say Trump will nominate Rep. John Ratcliffe (TX-4) (More) | ...and Trump slams Baltimore in escalating tit-for-tat with senior House Dem Rep. Elijah Cummings (MD-7) (More)
> At least 65 people killed after militants from terrorist group Boko Haram attack a funeral in northeastern Nigeria (More)
> US to pay up to $16B to farmers hurt by trade war with China; package follows $12B in aid distributed last year (More)
Etcetera.
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2019's best housing markets for stable growth
Not all green spaces are created equal - here's what makes the difference
The stunning winners of the 2019 iPhone Photo contest

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Historybook: Italian dictator Benito Mussolini born (1883); RIP Vincent van Gogh (1890); NASA is established (1958); 700M worldwide watch wedding of Prince Charles and Princess Diana (1981); RIP Nobel Prize-winning chemist Dorothy Hodgkin (1994).
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