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🤳14th August 2024 | US Approves $20B Arms Deal to Israel, UAW Sues Trump and Musk, Japan PM Fumio Kishida Resigns, Google Launches Gemini Voice AI, Dearica Hamby Sues WNBA, 2,300 Pounds of Meth Found in Celery, and more!
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BUSINESS & ECONOMY
🚀 US Mulls Google Breakup After Antitrust Victory
The US Department of Justice (DOJ) is considering a rare move to break up Google's parent company, Alphabet, following a ruling that found Google monopolized the online search market. This rare move aims to dismantle Google, with possible divestments including the Android operating system, Chrome browser enforcing data-sharing, and restricting exclusive contracts to restore competition in the market.
🚫 Bank of America Drops U.S. Recession Forecast for 2024
Bank of America (BofA) CEO Brian Moynihan announced that the bank no longer forecasts a U.S. recession in 2024, attributing it to effective Federal Reserve policies and moderated consumer spending. Moynihan emphasized, “We’ve won the war on inflation.” However, some analysts remain cautious due to mixed economic signals. BofA predicts gradual economic growth and rate cuts ahead.
☕ Starbucks Taps Chipotle CEO Brian Niccol to Replace Laxman Narasimhan
Starbucks has chosen Brian Niccol, the current CEO of Chipotle, to succeed Laxman Narasimhan as CEO, effective immediately. Niccol will officially begin his role on September 9, with Rachel Ruggeri stepping in as interim CEO until then. This shift follows disappointing sales in the U.S. and China and increased pressure from activist investors. Niccol’s strong track record at Chipotle was a significant factor in the decision.
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WORLD
🇺🇸 US Approves $20B Weapons Sale to Israel
The U.S. has approved a $20 billion weapons package for Israel, including over 50 F-15 fighter jets, advanced missiles, and tank ammunition. The State Department announced the sale, which aims to enhance Israel's long-term military capabilities amid regional tensions. Deliveries are expected to begin by 2026, with the first jets arriving in 2029. This decision comes as President Biden presses a ceasefire between Israel and Hamas.
🇯🇵 Japan PM Fumio Kishida Resigns
Source - Ap news
Japan's Prime Minister Fumio Kishida will step down as LDP leader in September. His approval rating dropped to 14% amid a political funding scandal, which led to the resignation of four cabinet ministers, and economic instability dubbed the "Kishida Shock." Kishida highlighted the need trust and reform stating, "The first and clearest step to show that the LDP is changing is for me to step down."
🚨 Israel Detains Palestinian Olympic Head
Source - Ahmad GHARABLI / AFP
Israeli authorities detained Jibril Rajoub, head of the Palestinian Olympic Committee, citing security concerns. Rajoub argued that Israel’s participation violates Olympic principles due to its actions in Gaza. He stated, “This confirms that there are international institutions that insist on applying double standards.” The International Olympic Committee rejected this, maintaining the need for political neutrality.
SCIENCE & TECH
🔊 Gemini Live: Google’s New Voice AI Debuts
Source - Google
Google’s Gemini Live, launched at the Made by Google 2024 event, is now available, enabling in-depth voice interactions with its AI chatbot on smartphones. Users can engage in multi-turn conversations, interrupting and adapting in real time. Available via the Gemini app, it supports hands-free use and requires a $20/month Google One AI Premium Plan. Multimodal input and additional languages are coming soon.
📱 Google Unveils Pixel 9 Series at Made by Google Event
Source - Chris Welch / The Verge
Google announced the Pixel 9 series At its Made by Google event, including the Pixel 9 , Pixel 9 Pro, and Pixel 9 Pro XL. The lineup also features a folding Pixel 9 Pro Fold and devices featuring the G4 Tensor chip, enhanced cameras, and AI tools. Google also introduced the Pixel Watch 3 and upgraded Pixel Buds Pro 2. All devices will start shipping in September.
SPORTS & ENTERTAINMENT
🎢 Former Disney Star Skai Jackson Arrested at UniversStudios
Source - Getty Images
Former Disney Channel actress Skai Jackson was arrested at Universal Studios for domestic violence. The incident occurred around 5 p.m. on August 9th, with Jackson identified as the primary aggressor. She was booked at the West Hollywood police station, and her case will be processed at the Van Nuys Superior Court. The identity of the person involved in the incident has not been disclosed.
🔥 Sparks' Dearica Hamby Sues WNBA, Aces Over Discrimination
Los Angeles Sparks forward Dearica Hamby has filed a lawsuit against the WNBA and her former team, the Las Vegas Aces, alleging discrimination and retaliation after revealing her pregnancy. Hamby claims she faced intimidation, loss of benefits, and questioning of her dedication from coach Becky Hammon. She is seeking damages and has criticized the WNBA's investigation, stating, "The EEOC did not make any finding regarding the facts."
OTHER NEWS
🗳️ Ilhan Omar of the 'Squad' Wins Minnesota Democratic Primary
Source - Jacquelyn Martin/AP
Representative Ilhan Omar won the Minnesota Democratic primary with 56.2% of the vote, defeating Don Samuels, who received 42.9%. This victory follows a narrow win against Samuels two years ago. Omar, a vocal critic of Israel who faced criticism in 2019, celebrated her win by stating, “We run the politics of joy... It is joyful to fight for your neighbors... for housing and healthcare to be human rights.”
🚨 UAW Sues Trump and Musk for Alleged Worker Intimidation
The UAW has lodged complaints with the NLRB against Trump and Musk, accusing them of worker intimidation. During a social media broadcast, Trump commended Musk's approach to dealing with strikers, saying, "You walk in, you just say: 'You want to quit?... 'That’s okay, you’re all gone.'" UAW President Fain criticized these remarks as "economic terrorism," adding, "Both Trump and Musk want working class people to sit down and shut up."
🚨 2,300+ Pounds of Meth Found in Celery at Georgia Market
Federal agents seized more than 2,300 pounds of methamphetamine hidden inside celery at the Atlanta State Farmers Market in Forest Park. The drugs were traced from a semitrailer that had crossed the Mexican border and were found on Monday. A Mexican citizen was arrested in connection with the bust. DEA Special Agent Robert Murphy remarked, "This was contained in a cover load of celery."
THIS DAY THAT YEAR
Source - Britannica
On August 14, 1947, the British ended their 200-year rule over the Indian subcontinent, leading to its division into two independent nations: Muslim-majority Pakistan and Hindu-majority India.
BRAIN TEASER
What has ten letters and starts with gas?
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Here’s what Yesterday’s teaser was:
How many bananas can you eat if your stomach is empty?
The answer is: Only one
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