Tip News Daily Brief

Your Daily Brief

March 25th, 2023

Good morning, and happy Saturday! There’s a lot to get to today, but before we dive in: our team has been working on something special for a while now, and we’re excited to share it with you. Be on the lookout for an email tomorrow that’s coming directly from our founders!

In Today’s Brief

Iran: U.S. trades rocket strikes
California: Changes drought restrictions
John Wick 4: Franchise record debut
Toshiba: Accepts buyout bid

...and more

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Top Tips

Utah social media laws

Utah became the first U.S. state to enact laws requiring children under the age of 18 to receive parental consent before signing up for social media apps such as TikTok and Instagram.

The legislation will give parents full access to their children’s online accounts, including posts and private messages. In addition, the bills also impose a curfew that prevents children from accessing social media apps between 10:30 PM and 06:30 AM, unless adjusted by their parents. Social media companies will also no longer be able to collect a child’s data or target them for advertising in the state.

The laws are set to take effect on March 1st, 2024. Governor Spencer Cox signed them around the same time that TikTok’s CEO testified before Congress in a five-hour hearing about user privacy, China’s access to and influence over private user data, and the platform’s effect on teenagers’ mental health.

French unrest

More than 1M people demonstrated across France against pension reforms that President Emmanuel Macron pushed through last week, including raising the retirement age to 64.

Demonstrations in Paris drew 119K people, according to officials, setting a record for the capital city during the weeks-long pension protests. Per local reports, violence erupted in several parts of the country, including Bordeaux, where protesters set fire to the entrance of city hall amid clashes with police. Police also reportedly fired tear gas at protesters in other cities such as Nantes and Lorient, and used water cannons to disperse crowds in Rennes. France’s Interior Minister said that 149 police officers were injured and 172 people were arrested across the country overnight into Friday.

Unions have reportedly called for additional nationwide strikes and protests next week. The protests prompted Britain’s King Charles III to postpone his visit to Paris and Bordeaux, which was scheduled for tomorrow.

Hotel Rwanda figure freed

Paul Rusesabagina, a former hotel manager who inspired the 2004 film Hotel Rwanda, is expected to be released from prison tomorrow in a commutation of his sentence.

In 1996, Rusesabagina left Rwanda and became an outspoken critic of Rwandan President Paul Kagame following his election in 2000. After boarding a flight in Dubai thinking he was traveling to Burundi, he reappeared in Rwanda in 2020 and was detained upon his arrival. Rusesabagina was then sentenced to 25 years in 2021 for allegedly backing a rebel group responsible for deadly attacks in the country in 2018 and 2019. Rwanda’s Justice Minister Johnston Busingye later admitted that Rwanda paid for the plane that transported Rusesabagina.

Rusesabagina has permanent residency rights in the U.S. He was credited with sheltering more than 1K ethnic Tutsis at the hotel he managed during Rwanda’s 1994 genocide, for which he received the Presidential Medal of Freedom.

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Quick Tips

Around the Globe

Russia launched attacks in northern and southern Donbas one day after reports that their offensive was waning near the city of Bakhmut, according to Ukrainian military reports (More)
Iran proxy forces launched about seven rockets at a U.S. base in Syria yesterday; hours before, President Biden ordered “precision airstrikes” on their positions after an Iranian drone allegedly killed a U.S. contractor, per reports from defense officials (More)
Rahul Gandhi was disqualified as a member of India’s parliament one day after being convicted in a defamation case and sentenced to two years in jail (More)

On the Homefront

Manhattan D.A. Alvin Bragg’s office received an envelope containing an unidentified white powder and a note with a death threat directed at Bragg yesterday amid his probe into former President Trump (More)
California Governor Gavin Newsom rolled back some drought restrictions in the state, issuing an executive order to reduce the number of current emergency provisions from 81 to 33 (More)
The Department of Transportation denied a request by JetBlue and Spirit to operate under common ownership, citing the DOJ’s antitrust lawsuit filed earlier this month seeking to block the merger (More)

Glitz & Games

Netflix renewed ‘You’ for a fifth season and announced it will be the final one in the series (More)
All four No. 1 seeds were eliminated from the NCAA Tournament before the Elite Eight for the first time since the NCAA Tournament began seeding teams in 1979 (More)
‘John Wick: Chapter 4’ sets a franchise record with a domestic box haul of $30M on its opening day (More)

Business & Markets

Major indexes in the stock market ended higher after beginning yesterday’s trading session with losses (Dow +0.41%, Nasdaq +0.31%, S&P 500 +0.56%)
Toshiba accepts a buyout offer of 2T yen ($15B) from Japan Industrial Partners, a fund made up of the nation’s major banks and companies; the deal will allow Toshiba to go private and de-list from the Tokyo Stock Exchange (More)
Ford revealed plans to produce a second electric truck codenamed Project T3 at the company’s under-construction BlueOval City EV mega-campus; construction is reportedly on track to begin production in 2025 (More)

Tips & Tricks

Feel Good: Amid the recent talk of what’s in our tapwater, researchers from the University of British Columbia have developed a solution that can filter out and destroy “forever” chemicals, creating an affordable and effective way to purify water resources
Sneak Peek: Get a glimpse into the romance that gave way to the Bridgerton universe in the official trailer for Queen Charlotte: A Bridgerton Story, which is set to debut on Netflix on May 4th
Bump This: Ed Sheeran delivers a poignant reflection on how it feels to miss someone in his catchy new single “Eyes Closed” - listen on Apple Music, Spotify, and YouTube
Look Up: An asteroid reportedly large enough to destroy a city will pass between the orbits of the Earth and the Moon tonight; apparently, it’s only once every decade or so that an object of that size gets that close to Earth
Go Deep: Read about a new study in which researchers looked at the largest group of retinal samples ever studied and determined the first signs of Alzheimer’s disease might appear in the human eye before any symptoms show up
Hot Goss: Reese Witherspoon and her husband Jim Toth are divorcing after over 11 years of marriage, according to a joint statement posted to social media yesterday
Life Hack: Most of us hope for a rich social life, but being “on” so often can leave us exhausted - here are some pointers on why you may be feeling socially drained and several ways to be social without losing your energy

Tip-Offs

Charting out March Madness’ biggest first-round upsets.

An F1 driver breaks down the accuracy of racing movies.

Explaining the mansion tax hitting Los Angeles next week.

…and how a banking crisis could ripple through the economy.

Comparing two leading AI chatbots, Bard and Bing.

The potential health benefits of forgoing spring cleaning.

See a runaway zebra trotting through the streets of Seoul.

A long-distance relationship cure: a startup’s kissing machine.

Looking Back…

On March 25th: Robert the Bruce is crowned King of Scotland (1306); a fire at the Triangle shirtwaist factory in New York City leaves 146 people dead (1911); RCA manufactures the world’s first color TV set (1954); British musician Sir Elton John is born (1947).

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