Good morning. It's Tuesday, Jan. 2. We're jumping into the new year with a near-disastrous earthquake in Japan, a landmark ruling by Israel's Supreme Court, and much more. First time reading? Sign up here.
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A 7.6-magnitude earthquake struck the western coast of central Japan yesterday, collapsing dozens of buildings and forcing thousands of residents to evacuate from their homes. A major tsunami warning—the country's first since a devastating 2011 tsunami that killed 20,000 and triggered a nuclear disaster—was implemented but eventually lifted without incident. Roughly 80 aftershocks hit the country throughout the day.
It was the biggest earthquake on record for Japan's Noto Peninsula, which sits northwest of Tokyo near a hotbed of seismic activity. The area lies slightly east of the boundary between the Eurasian and Okhotsk tectonic plates (see map), with the Philippine and Pacific plates meeting a few hundred miles to the south.
At least four deaths were reported from the quake, while officials warned of more potential seismic activity in the coming days. See photos of the damage here.
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The No. 1 Michigan Wolverines will face off against the No. 2 Washington Huskies in the college football national championship Monday (7:30 pm ET, ESPN), after each team won their respective semifinal games last night. It marks both teams' first appearance in the title game (and first playoff win) since the playoff format began in 2014.
The Wolverines beat No. 4 Alabama 27-20 in overtime—just the third overtime game in the 10-year playoff history. Star quarterback JJ McCarthy led Michigan on a game-tying fourth quarter drive in the final minutes, finishing the game with 221 yards, three touchdowns, and no turnovers.
The night's second game also came down to the wire, the Huskies holding off a final drive by the No. 3 Texas Longhorns near the goal line to win 37-30. Heisman finalist Michael Penix Jr. threw for 430 yards and two touchdowns, completing a whopping 76% of his passes.
See highlights from each game here and here.
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Judicial Overhaul Scrapped
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Israel's Supreme Court struck down a key piece of Prime Minister Benjamin Netanyahu's judicial reforms yesterday, ruling 8-7 against an amendment that would have barred the court from overturning laws found to be "extremely unreasonable."
Part of a package that supporters said would return power to lawmakers, the changes sparked widespread protests across Israel from January up until the Oct. 7 attack by Hamas. Opponents argued the reforms undercut democratic institutions in the country, putting judges under the control of politicians (see previous write-up).
Separately, the Israeli military will begin its first drawdown of forces since the current conflict began, removing thousands of troops from central Gaza and shifting focus to the southern city of Khan Younis. See updates on the war here.
In related news, the nearby Red Sea—where Iran-backed Houthi rebels have attacked commercial ships—is increasingly becoming a regional flashpoint. US Navy helicopters sank three Houthi vessels over the weekend, while reports suggest Iran repositioned a warship into the waters Saturday.
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In partnership with Autonomix
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New Year, New Frontier in Healthcare
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Sports, Entertainment, & Culture
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> Cale Yarborough, legendary NASCAR driver, dies at 84 (More) | Ana Ofelia Murguía, Mexican actress known for voice acting role in "Coco," dies at 90 (More)
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> Early version of Walt Disney's Mickey Mouse enters public domain, making the "Steamboat Willie" character available for public use (More) | See previous write-up (More)
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> Taylor Swift passes Elvis Presley for most weeks spent atop the Billboard 200 album chart by a solo artist, as Swift's "1989 (Taylor's Version)" stays at No. 1 (More)
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> Sony, Canon, and Nikon to develop digital signatures for photographs, distinguishing shots from AI-generated images (More)
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> NASA's Juno spacecraft returns images from Jupiter's moon Io, the most volcanic object in the solar system, after a flyby brings it within 930 miles of the surface (More)
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> Study of the Mongolian Arc—a 250-mile-long, 1,200-year-old extension of the Great Wall of China—suggests it was not used as a defensive barrier, may have provided control points for migration (More)
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> Markets close down Friday (S&P 500 -0.3%, Dow -0.1%, Nasdaq -0.6%), but set to begin 2024 trading today near record highs (More) | "Magnificent Seven"—Apple, Alphabet, Amazon, Microsoft, Meta, Nvidia, and Tesla—made up two-thirds of the S&P 500's gains in 2023 (More)
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> Chinese automaker BYD reports selling more than 526,000 fully electric vehicles in the fourth quarter, potentially overtaking Tesla as world's top EV seller; Tesla to report sales figures today (More)
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> Global minimum tax rolled out in certain jurisdictions, including the UK, European Union, and Japan; corporations making more than roughly $828M will see at least a 15% tax on profits, the US and China have not yet agreed to the deal (More)
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> Russia launches 90 drone strikes across Ukraine, the largest drone attack since the start of the war; follows Ukrainian shelling near the Russian town of Belgorod, which killed at least 21 people (More) | See an overview of the Iran-made Shahed drones (More)
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> Ohio Gov. Mike DeWine (R) vetoes bill limiting transgender care for minors and prohibiting transgender girls from high school sports (More) | See state laws that went into effect Jan. 1 (More)
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> Denmark’s Queen Margrethe II to step down Jan. 14, making way for her son, Crown Prince Frederik, to assume the throne (More)
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> Secrets of the Michelin Man
Air Mail | Adam Hay-Nicholls. The famous Michelin Guide has been known to make or break high-end restaurants. With plans to expand to hotels, what do we know about the criteria used by the famously secretive group? (Read)
> Artificial Expertise
Politico Magazine | Mohar Chatterjee. The rise of chatbots modeled on the life's work of real-world experts—generated by AI, without consent—has raised wide-ranging legal questions, with few answers. (Read)
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In partnership with Autonomix
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Invest Before This Planned Nasdaq Listing
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Autonomix, the company developing first-in-class electrophysiology technology, is planning a Nasdaq listing (ticker symbol: AMIX)—and they’re starting the new year by inviting you to become a shareholder.
The company already has 100+ patents (issued and pending across 15 patent families) and an estimated $100B market opportunity ahead of them. And, their management team has approximately $600M in previous exits. Consider joining the excitement and invest in Autonomix by Jan. 15.*
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