Tip News Daily Brief

Your Daily Brief

February 3rd, 2023

Good morning, and happy Friday! Bad news to anyone out there sharing their Netflix: the streaming giant released new guidelines on account sharing, and it looks like it’s about to get a lot harder without ponying up for a different account altogether. Guess it’s time to cut ties with our cousin’s dogsitter’s ex-girlfriend’s brother-in-law, who’s been mooching off our account this whole time!

In Today’s Brief

Sudan: Peace deal with Israel
Texas: 430K people without power
Patriots: Open to re-signing Brady
Shell: Highest yearly profit ever

...and more

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Top Tips

England & EU raise rates

The European Central Bank (ECB) and Bank of England yesterday both raised interest rates by 50 basis points, or 0.50%.

In a press release, the ECB said it “will stay the course in raising interest rates significantly at a steady pace” and that it intends to impose another 0.50% rate hike at its next policy meeting in March. The ECB also added in its statement that it “expects to raise [rates] further” without specifying a timeline. The Bank of England’s rate hike of 50 basis points brings its base rate of interest from 3.5% to 4%, its highest level in 14 years.

The move comes one day after the U.S. Federal Reserve hiked rates by 0.25%, marking the smallest increase since the Fed began imposing rate hikes in June of 2022. Recent data shows that year-over-year inflation levels in the EU are expected to be 8.5% in January compared to 9.2% in December.

ChatGPT breaks growth records

OpenAI’s artificial intelligence chatbot ChatGPT has reached 100M users in two months, making it the fastest-growing app in history, according to a UBS study.

The study claims that the app had 13M unique visitors per day in January, which is more than double the levels of its unique visitors in December. The report comes just a day after OpenAI launched ChatGPT Plus, a paid version of the chatbot. According to OpenAI, ChatGPT Plus costs $20 per month and offers users access to ChatGPT during peak usage times, faster response times, and priority access to new features.

By comparison, it took TikTok a total of 9 months to reach 100M users, per the UBS study. Instagram took 2.5 years to hit the mark, while Spotify reached the milestone in 4.5 years.

Mafia pizza chef captured

An Italian man with mafia ties who has been on the run since 2006 after being convicted of murder has been caught and discovered to have been working as a pizza chef in France.

Edgardo Greco, 63, was part of the ‘Ndrangheta organized crime syndicate that originated from southern Italy’s Calabria region in the early 1990s. He was convicted in absentia for the murders of brothers Stefano and Giuseppe Bartolomeo, who were of a rival gang and were believed to have been beaten to death in January 1991. Their bodies were never found.

Greco’s capture is the second mafia arrest by Italian authorities in two weeks. On January 16th, authorities arrested Messina Denaro–an alleged boss of the Cosa Nostra Mafia–in Sicily after 30 years of being on the run. Unlike Denaro, who admitted his name when he was approached, Greco denied his identity and was reportedly taken forcibly into custody.

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Quick Tips

Around the Globe

The Philippines grants the U.S. access to four additional military bases following a meeting between U.S. Defence Secretary Lloyd Austin and Philippine President Ferdinand Marcos, Jr. in Manila (More)
Israel and Sudan have finalized a peace agreement with a signing ceremony “expected to take place after the transfer of power in Sudan to a civilian government,” per a statement from Israel’s foreign ministry (More)
Russian President Vladimir Putin delivered a speech at Volgograd–formerly known as Stalingrad, where the Soviet army defeated German forces 80 years ago during WWII–and said that Russia is “again being threatened by German Leopard tanks” (More)

On the Homefront

Over 430K customers in Texas were without power and heat yesterday amid icy weather conditions in the southern U.S.; over 156K customers in Austin were without electricity for over 24 hours, according to power outage tracking websites (More)
The U.S. government detected a surveillance balloon flying over the northern part of the country earlier this week; the balloon is suspected to belong to China and the U.S. has decided against shooting it out of the sky for now, per a senior Pentagon official (More)
Representative Ilhan Omar of Minnesota was removed from the House of Representative’s Foreign Affairs Committee following a vote of 218-211 in favor of her removal (More)

Glitz & Games

New England Patriots owner Robert Kraft expressed during an interview that he was “open” to signing former quarterback Tom Brady to a one-day contract so that Brady could retire as a Patriot (More)
Hip-hop artist Saweetie will perform a virtual concert exclusively in the Roblox digital platform for Super Bowl LVII pregame festivities debuting on Friday, February 10th, per an NFL announcement (More)
Former Pittsburgh Steelers running back Sidney Thornton has passed away at 68, according to an announcement from the team (More)

Business & Markets

Major indexes in the stock market ended mixed, with the Nasdaq gaining over 380 points in a comeback of tech names (Dow -0.11%, Nasdaq +3.25%, S&P 500 +1.47%)
Shares of Facebook parent company Meta (NASDAQ: META) closed over 23% higher following Wednesday’s earnings call, marking one of the stock’s largest single day of gains in a decade (More)
British oil conglomerate Shell (NYSE: SHEL) reported adjusted earnings of $39.9B for 2022, marking the highest-ever annual profit in the company’s history (More)

Tips & Tricks

Feel Good: Meet Amelia Lisowe, a 12-year-old from Arkansas who started an initiative, Lisowe’s Lights, to provide children in the Arkansas foster system with night lights to help them feel less scared (we believe the children are our future, teach them well and let them lead the way)
Sneak Peek: Netflix has dropped the official trailer for season three of Outer Banks, featuring more treasure, more drama, and a classic Beach Boys tune - the new season is set to come out February 23rd
Bump This: On the 64th anniversary of his death, Buddy Holly still shines with his hand-clap-driven classic single “Everyday” - listen on Apple Music and Spotify
Chow Down: Tamale season might be over, but enchiladas never go out of style - check out this recipe for red chicken enchiladas that you can whip up in less than an hour and have on hand all weekend
Go Deep: See an interview where former NFL wide receiver Chad Ochocinco explains why he believes people should spend their time and energy crafting a positive reputation rather than wasting resources trying to impress others
Hot Goss: A British cafe owner discovered a 16th-century pendant linked to King Henry VIII while on an amateur metal-detection journey through a field and plans to split any funds he receives from selling it with the field’s landowner
Life Hack: We all need to receive (and give) compliments in our day-to-day lives, and sometimes doing so can be difficult based on how we’re feeling - here are some tips on how to give a genuine compliment and gracefully receive one, in turn

Tip-Offs

Inventions and discoveries that happened by accident.

A regal flight path commemorating the end of the Boeing 747.

…and NASA’s strange designs for sustainable airplanes.

Golden waves by the sea stacks in Iceland.

…and a Martian-like landscape in Jordan.

How East Coast waters have washed up a prehistoric fish.

Ranking America’s top cities for fine dining.

Ancient Egypt’s secret recipes for making mummies.

Looking Back…

On February 3rd: Massachusetts issues the first paper currency in the American colonies (1690); rock n’ roll singer Buddy Holly dies in a plane crash at age 22 (1959); Eileen Collins becomes the first woman to pilot a space shuttle, the Discovery (1995); American painter Norman Rockwell is born (1894).

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