7.24.2023

Facts, without motives.
 

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Good morning. It's Monday, July 24, and we're covering a dayslong march in Israel, more potential changes at Twitter, and much more. First time reading? Sign up here.

 

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Need To Know
 

Protests Swell in Jerusalem

Tens of thousands of Israelis protesting a plan to limit judicial power ended a 45-mile march from Tel Aviv to Jerusalem Saturday by blocking highways and chanting outside parliament. The protests, entering their 29th week, come as the country's ruling conservative coalition looks to vote today on a trimmed-down overhaul of the nation's Supreme Court. 

 

Original plans to give the Knesset—Israel's legislature—the power to overrule the Supreme Court and select a majority of its judges were dropped in light of nationwide strikes and demonstrations (see background). The coalition's simplified plan proposes to abolish the court's use of the "reasonableness" tool to overturn government decisions (see explainer), a concept considered vague by critics but which supporters claim is key to checking government overreach. Thousands of military reservists suspended their service Friday in protest of today's vote.

 

Meanwhile, Israeli Prime Minister Benjamin Netanyahu was taken to the hospital early Sunday to have a pacemaker inserted for a reported heart defect. 

 

Tour de France

Danish cyclist Jonas Vingegaard was crowned champion of biking's most prestigious race yesterday, capturing his second straight Tour de France title. Vingegaard finished almost seven-and-a-half minutes ahead of rival Tadej Pogačar, the largest margin in the 2,100-mile race since 2014.

 

Despite the final results, the pair were neck-and-neck for most of the stages until Vingegaard turned in a blistering effort in stage 16, building a 1:38 lead over Pogačar. The performance was followed by a dominant ride through stage 17 in the Alps, during which Pogačar radioed to his team he had run out of energy, effectively conceding the overall race to Vingegaard. 

 

For his efforts, Vingegaard will take home around $540K in prize money. Pogačar, who won the title in 2020 and 2021, will receive around $220K. See photos from the full race here.

 

Bye Bye Birdie

Twitter is looking to replace its long-standing bird logo with a brand mark representing its recently established parent company X Corp., according to suggestions tweeted by owner Elon Musk over the weekend. 

 

X Corp. was established this spring and legally absorbed Twitter as early as April, according to court filings. A subsidiary of parent company X Holdings, Musk has previously described Twitter as part of a larger vision to create an "everything app"—a platform combining social networks, financial transactions, e-commerce, and more. Such apps have gained a dominant foothold in China with WeChat and Southeast Asia with Grab. The name is a reference to Musk's original payments company, X, which merged with a competitor to become PayPal in 2000. 

 

When the logo would be changed, and to what new design, was unclear. Musk appeared to challenge Twitter users to submit proposals via the platform, with a change coming as early as today. 

In partnership with Mode Mobile

First Disruption to $martphones in 15 Years

 

Flip the script: Turn your phone from a cost to an income source. Intriguing idea, isn't it? Which is why, this week, we have our eyes on the launch of Mode Mobile’s public fundraising. It’s the latest in a series of impressive raises among smartphone innovators, likely spurred by Apple’s recent $3T valuation.

 

Mode is on a mission to disrupt the smartphone industry with their "EarnPhone," a budget smartphone that’s helped consumers earn and save $150M+ for activities like listening to music, playing games, and ... even charging their devices?!

 

Early backers are getting up to 70% bonus stock, and in the first week alone, 7,700+ investors have already acquired shares—leaving only ~15% of the bonus allocation up for grabs. With only two days until their next update, buy shares now to lock in the 70% bonus offer.

 

Disclosure: Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation CF Offering.

Please support our sponsors!

In The Know
 

Sports, Entertainment, & Culture

> US women's national soccer team tops Vietnam 3-0 in their first match of the FIFA Women's World Cup (More) | See latest group standings and schedule (More)

> American Brian Harman wins his first major at golf's 151st British Open from Royal Liverpool Golf Club (More)

> "Barbie" hauls in $155M, edging "Oppenheimer" ($80M) to top the US box office; "Sound of Freedom" ($20M) and "Mission: Impossible 7" ($19.5M) assist in making it the fourth-biggest weekend ever (More)

 

Science & Technology

In partnership with Brilliant

> New report suggests the US meat supply chain represents a potential source for a future pandemic; findings conclude loose regulations may allow for virus transmission from animals to humans (More)

> Increased dementia risk linked to imbalance between blood and certain proteins during middle age; study followed subjects for 25 years, may lead to diagnostic tests long before symptom onset (More)

> Researchers find superagers—those who resist typical age-related memory and cognitive decline into their eighties and beyond—exhibit differences in physical brain structure (More)

From our partners: Bite-sized math and CS lessons to sharpen your analytical thinking. Learning a little every day is one of the best habits you can develop. Brilliant’s interactive lessons make it easy to master concepts in everything from foundational math to AI, data science, and beyond. Join 10M+ people and start learning with a 30-day free trial today.

 

Business & Markets

> US stock markets close mixed Friday (S&P 500 +0.03%, Dow +0.01%, Nasdaq -0.2%); Dow up for 10th consecutive session, first time since 2017 (More)

> American Airlines to increase pilot compensation offer to $9B after United reached similar deal earlier this month (More)

> FTX sues Sam Bankman-Fried, alleging the former cofounder used misappropriated company funds to fund his legal defense (More)

 

Politics & World Affairs

> No clear coalition winner of Spanish parliamentary elections Sunday, indicating a hung parliament is likely; a do-over election possible later this year (More) | Cambodia's ruling party claims landslide victory in mostly unopposed elections; longtime leader's son, Hun Manet, set to become new prime minister (More)

> At least 18 dead from heat-related causes in Phoenix during record-breaking heat wave, with 69 more deaths under investigation (More) | Roughly 40 million under heat alerts in the Southwest Sunday (More

> Justice Department threatens to sue the state of Texas over buoy barrier deployed in the Rio Grande; Gov. Greg Abbott (R) says system is meant to deter border crossings (More) | Eleven killed in Mexican bar fire after ejected customer reportedly throws Molotov cocktail in Mexico-Arizona border town (More)

In partnership with Mode Mobile

Beyond iPhone: Dawn of a New Smartphone Era

 

Today's smartphones have full-time jobs. Consumers clock a staggering 40 hours a week; for the younger generation, this number only increases. Taking a cue from Uber and Airbnb, Mode monetizes phone usage, akin to how cars and homes were turned into income generators.

 

Apple's $3T market sets the stage for Mode, which is now being sold at Amazon, Walmart, and BestBuy, facilitating $150M in user earnings and savings. You can now join 7,700+ investors and get 70% in bonus shares by participating prior to close.

 

Disclosure: Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation CF Offering.

Please support our sponsors!

Etcetera
 

How blood flow analysis spots deepfakes.

 

Visualizing how each state contributes to overall US GDP.

 

Charting Americans' beverage preferences

 

Researchers track a giant 661-pound river stingray.

 

How to win bodybuilding competitions in your 90s.

 

China drills some of Earth's deepest holes

 

New farming trend: fields of hops grown under solar panels

 

Actor Keanu Reeves crashes random wedding

 

Clickbait: The secret to winning the lottery

 

Historybook: Jacques Cartier claims Canada for France (1534); Aviation pioneer Amelia Earhart born (1897); Machu Picchu is rediscovered (1911); Apollo 11 splashes safely in the Pacific (1969); Jennifer Lopez born (1969).

"The most difficult thing is the decision to act. The rest is merely tenacity."

- Amelia Earhart

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