Your Daily Brief

July 13th, 2022


Good morning, and happy Wednesday! Today is Embrace Your Geekness Day (let’s face it–there’s a little bit of geek in all of us), and here’s what we have for you:

Today’s Highlights

  • Twitter sues Elon Musk
  • London’s Heathrow Airport caps daily departing passengers through summer
  • Hulu earns a record 58 nominations as Emmy nominees are announced
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Twitter sues Elon Musk

To force him to make good on his purchase of the company for $44 billion, Twitter has sued Elon Musk for attempting to walk away from the deal.

Since Musk agreed in April to purchase all of Twitter’s outstanding shares of common stock, he has expressed concern over the number of fake accounts on the platform, which he claims Twitter never disclosed. The Tesla and SpaceX CEO cited those concerns when he filed to terminate the deal on Friday of last week. Now, Twitter has responded by filing a lawsuit in Delaware’s Chancery Court and asked the court to force the billionaire to honor the purchase deal at the agreed-upon price of $54.20 per share.

Meanwhile, since Musk agreed to take the company private, Twitter has lost nearly 35% of its total market value, with its stock ending yesterday’s trading session at $34.06.

London’s Heathrow Airport caps daily departing passengers through summer

Heathrow Airport said yesterday that it will cap the number of departing passengers to 100,000 per day for the remainder of the summer.

Like other airports, Heathrow has recently faced staffing shortages coupled with a rising surge in demand. In an open letter to passengers, Heathrow CEO John Holland-Kaye said that recent passenger numbers have regularly exceeded 100,000, which has led to long lines, lost luggage, flight delays, and cancellations. Holland-Kaye also added that “there are some critical functions in the airport which are still significantly under-resourced,” and added that Heathrow is “asking our airline partners to stop selling summer tickets” to help limit impacts on passengers.

Per Holland-Kaye’s letter, the cap will remain in effect from July 12th to September 11th.

Hulu earns a record 58 nominations as Emmy nominees are announced

The Television Academy announced this year’s Primetime Emmy Award nominees, with HBO and HBO Max receiving 140 nominations, Netflix scoring 105, and Hulu earning its most nominations ever with 58.

This year’s nominees continue a trend that sees streaming services earning more Emmy nods than traditional cable networks in recent years. Apple TV+ earned 51 nominations, while HBO Max’s Succession ranked as the most-nominated show of the year with 25 nods. Netflix’s Squid Game will also make history as the first non-English language show to compete in the category of Outstanding Drama.

Hulu’s 58 nominations more than doubled the 26 nominations it received last year, as well as the 27 nominations it earned in 2018–a number which was a record for the company, until now.

Around the Globe

  • World Health Organization announces that it will hold a second emergency meeting next week to determine if the monkeypox virus outbreak presents a global health threat; global cases are now 9,200 in 63 countries
  • Sri Lankan President Gotabaya Rajapaksa reportedly fled the country for the Maldives hours before he was due to step down amid protests over his role in the country’s current economic situation
  • The European Union formally accepted Croatia to adopt the euro beginning in January 2023; it will be the 20th member of the euro common currency area

On the Homefront

  • NASA unveiled the rest of the first set of full-color images taken by the James Webb Space Telescope, focusing on the Carina Nebula, Stephan's Quintet, Southern Ring Nebula, WASP-96 b, and SMACS 0723
  • South Carolina attorney Alex Murdaugh is expected to be charged with killing his wife and son, who were shot at the family’s estate about 65 miles west of Charleston, according to one of his lawyers
  • Starbucks is closing 16 stores in Los Angeles, Philadelphia, Washington, D.C., Seattle, and Portland, Oregon due to safety concerns, according to a company spokesperson

Glitz and Games

  • Olympic long-distance runner Sir Mo Farah of Britain revealed he was trafficked to the UK as a child and forced to work as a servant for a family he had never met, and that his real name is Hussein Abdi Kahin
  • K-pop group BTS will star in three Disney+ shows as part of a content deal between Disney and Hybe, the group’s management and entertainment company
  • Officials release the cause of death of former Dallas Cowboys and Chicago Bears running back Marion Barber to be heatstroke; Barber was found dead in an apartment he was believed to have been leasing on June 1st

Money Moves

  • Stocks fell in the last hour of trading to extend yesterday’s losses ahead of June’s inflation report (Dow -0.62%, Nasdaq -0.95%, S&P 500 -0.92%)
  • Electric-vehicle maker Canoo’s stock (NASDAQ: GOEV) surged more than 100% after Walmart announced it will buy at least 4,500 vans from the company to electrify its delivery fleet
  • Peloton said it will stop manufacturing its bikes and treadmills in-house to reduce costs as part of its turnaround strategy

Tip & Tricks

  • Binge Watch: If you haven’t yet, watch Succession–the most-nominated show for this year’s Primetime Emmy Awards–on HBO Max
  • Bump This: To celebrate the anniversary of the first live gig the Rolling Stones ever played, check out this playlist of all their essential tracks on Spotify
  • Nerd Out: Learn about sunspots, solar flares, and coronal mass ejections (CMEs) that can cause blackouts all the way down here on Earth
  • Go Deep: Check out TIME’s 2022 list of the 50 greatest places in the world…and try to not think of plane ticket prices to get there
  • Say What: “No,” Costco CEO Craig Jelinek said during an interview with CNBC when asked if he would raise the price of the company’s hot dog and soda combo from $1.50, where it’s been since the ’80s (proof that not all heroes wear capes)
  • Hot Goss: Three collectors were charged for trying to sell stolen handwritten pages from the Eagles–including lyrics to the 1976 song “Hotel California”–at Christie’s and Sotheby’s auction houses
  • Life Hack: Placing your tongue on the roof of your mouth when doing sit-ups or crunches will keep you from straining your neck muscles

Question of the day

What are the best and worst purchases you have ever made? Let us know here:


Looking Back…

On July 13th, 1985, the benefit concert ‘Live Aid’ was held simultaneously at London’s Wembley Stadium and Phildelphia’s JFK Stadium; it drew an estimated 1.5 billion television viewers and raised millions of dollars for famine relief in Ethiopia.

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