In The Know from 1440 Daily Digest
Sports, Entertainment, & Culture
> Netflix hauls in nearly 6 million new subscribers and $8.2B in revenue in Q2 as the streamer cracks down on password sharing
> Prosecutor delivers closing remarks in Kevin Spacey’s London sexual assault criminal trial, with defense set to deliver their closing today
> Golf’s 151st British Open kicks off today from Royal Liverpool Golf Club; Scottie Scheffler and Rory McIlroy are among the favorites to win
Science & Technology
> Reports suggest Apple has been developing an in-house large language model similar to ChatGPT, aims to deploy platform sometime next year
> Detailed cell maps reveal unprecedented view of various organ functions, including how kidney disease progresses, the impact on blood flow of the placenta, and more
> Researchers link asymptomatic COVID-19 infections to a common gene variation; gene type boosts immune system T cell memory after encountering the common cold, making them more effective against SARS-CoV-2
Business & Markets
> US stock markets close higher (S&P 500 +0.2%, Dow +0.3%, Nasdaq +0.03%); Dow up for eighth consecutive session, first time since 2019
> Tesla delivers record $25B quarterly revenue, but margins decline due to price cuts | Carvana shares up 40% after company announces deal to reduce debt by $1.2B
> Skims—shapewear brand founded by Kim Kardashian—raises $270M at $4B valuation; company delivered sales of $500M last year
Politics & World Affairs
> Russian drones and missiles strike export facilities in Ukrainian port city of Odesa and nearby southern city of Chornomorsk, destroying 60,000 tons of grain two days after pulling out of a critical grain exports deal
> US service member Travis King in North Korean custody was previously involved in two alleged assaults in South Korea that led to his 47-day detention there; officials investigating how King transitioned from being escorted to an airport to entering North Korea
> House Oversight Committee hears first public testimony from two IRS whistleblowers on the Justice Department’s alleged mishandling of probe into President Joe Biden’s son, Hunter Biden | Federal judge denies former President Donald Trump’s bid for new trial in E. Jean Carroll abuse case
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