Good morning. It's Wednesday, Sept. 17, and we're covering the passing of a Hollywood legend, a file-sharing pioneer snapping up an infamous brand, and much more. First time reading? Join over 4.5 million intellectually curious readers. Sign up here.
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Israel launched a ground offensive yesterday in Gaza City, where Israeli officials estimate 2,000 to 3,000 Hamas militants remain. The operation in the Gaza Strip's largest city has led hundreds of thousands of Palestinians to flee south; the United Nations estimated Monday that over 220,000 people have left northern Gaza since mid-August.
The new operation coincided with the publication of a UN report that concluded Israel has committed genocide against Palestinians in Gaza since October 2023. An independent panel found Israel committed four of five internationally recognized genocidal acts, including imposing living conditions intended to destroy a group. A separate UN-affiliated report published last month declared famine in Gaza. Israel has rejected both accusations and reiterated its intention to control Gaza City.
Separately, families of Israeli hostages protested (w/video) outside Israeli Prime Minister Benjamin Netanyahu’s home over concerns that the ground offensive could further endanger the 20 hostages believed to be alive. |
Robert Redford, the Oscar-winning actor and director who founded the Sundance Institute, has died at his Utah home at age 89, his representatives said. No cause of death was provided.
Born Charles Robert Redford Jr. on Aug. 18, 1936, in Santa Monica, California, he became one of Hollywood’s defining figures over a career spanning six decades. His performances included major roles in “Butch Cassidy and the Sundance Kid,” “The Way We Were,” “The Great Gatsby,” and “All the President’s Men.” He won an Academy Award for best director for the 1980 film “Ordinary People.” In 1981, he established the Sundance Institute, a nonprofit that sponsors the Sundance Film Festival, which helped launch the careers of several independent filmmakers, including Quentin Tarantino. See his life in photos here.
Redford received the National Medal of Arts in 1996, an honorary Oscar in 2002, the Kennedy Center Honors in 2005, and the Presidential Medal of Freedom in 2016. He was also a lifelong environmental advocate. |
File-sharing platform LimeWire announced yesterday it has purchased the rights to Fyre Festival for $245K, outbidding actor Ryan Reynolds' production company on eBay. The company says it will unveil a reimagined version of the infamous Fyre brand in the coming months.
LimeWire became popular in the 2000s for music streaming, at one point boasting more than 50 million monthly users. Years after being shut down for copyright infringement, the company relaunched in 2022 as a file-sharing service specializing in NFTs. Today, it is among the most-downloaded platforms on the social media app Discord, with over 2 million active users.
The company has not yet revealed what it plans to do with Fyre Festival, which, in 2017, launched a failed music event in the Bahamas that is the subject of multiple documentaries. Organizer Billy McFarland was convicted of wire fraud in 2018 and sentenced to six years in prison (he was released early in 2022). See LimeWire’s announcement here. |
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Sports, Entertainment, & Culture |
> Justin Bieber joins Sabrina Carpenter and Karol G as headliners announced for 2026 Coachella Valley Music and Arts Festival (April 10-19); see complete festival lineup (More) |
> League Phase of the 2025-26 UEFA Champions League kicks off; see complete schedule (More) | Dallas Wings' Paige Bueckers named 2025 WNBA Rookie of the Year (More) |
> Terence Crawford-Canelo Álvarez fight hauls in 41 million viewers on Netflix (More) | Sydney McLaughlin-Levrone breaks 19-year-old American record in 400-meters at Track and Field World Championships (More) |
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In partnership with Motley Fool Money |
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> OpenAI to launch ChatGPT experience with parental controls and age-prediction technology as company faces federal probe into chatbots' effects on kids (More) |
> Researchers generate electricity by bending salt-infused ice, pointing to the modified ice's potential as a renewable energy source (More) |
> Divers recover artifacts from nearly 400-foot-deep wreck of Britannic, Titanic's sister ship, over a century after luxury cruise liner sank in Aegean Sea (More) |
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> US stock markets close down (S&P 500 -0.1%, Dow -0.3%, Nasdaq -0.1%) as traders wait for Federal Reserve's interest rate decision today (More) |
> President Donald Trump extends deadline to Dec. 16 for TikTok’s Chinese parent, ByteDance, to divest the platform's US operations and avoid nationwide ban (More) |
> Microsoft to invest $30B in AI infrastructure, operations in the UK through 2028 as part of plans to build the country’s largest supercomputer (More) |
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> Suspect in Charlie Kirk's murder appears virtually in court, is charged with aggravated murder, obstruction of justice, and other counts (More) | FBI Director Kash Patel discusses Kirk shooting, Jeffrey Epstein case before Senate Judiciary Committee yesterday; hearing before House committee is today (More) |
> President Donald Trump files $15B defamation lawsuit against The New York Times, Penguin Random House over articles in the lead-up to the 2024 election, which Trump says were intended to harm his reputation, candidacy (More) |
> New York judge tosses state terrorism charges against man accused of killing UnitedHealthcare CEO Brian Thompson (More) |
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In partnership with Pacaso |
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Learn From This Investor’s $100M Mistake |
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Grammy-winning artist will.i.am passed on investing $200K in Airbnb in 2010. It’d be worth $100M+ today. Now, some of the investors behind Venmo and Uber are backing another real estate disruptor. And this time, you can invest.
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