WELCOME TO OUR

WEEKLY NEWSLETTER

we're so glad you're here!

What you’ll read?

• Uber's Ditch-Your-Car Challenge

• Jayson Tatum's Record-Breaking Deal

• Meta's AI-Powered Metaverse

• Nuclear Power for AI

• Supreme Court Shields Trump

• Mortgage Payment Spike

• California Heat Wave

  and more…

Read Time: 3 minutes and 53 seconds

BUSINESS

Uber's Ditch-Your-Car Challenge

Uber is launching an ambitious initiative aimed at reducing car dependency in urban areas. The "Ditch Your Car Challenge" will be rolled out in various cities, encouraging residents to use alternative transportation methods like bikes, public transit, and ride-sharing. Participants can win rewards for reducing their car usage, with Uber hoping to highlight the benefits of a more sustainable and less congested city life. The company believes this program will foster a shift towards greener and more efficient urban mobility solutions.

TPG Invests in Hollywood

TPG, a global investment firm, has acquired a minority stake in Untitled Entertainment, a leading talent management company. This strategic investment aims to bolster Untitled's growth and expand its capabilities in the entertainment industry. Known for managing high-profile talent, Untitled will leverage TPG's resources to enhance its offerings and explore new opportunities in content creation and distribution. This partnership marks a significant move in the entertainment sector, blending TPG's financial acumen with Untitled's industry expertise to drive innovation and growth.

SPORTS

Jayson Tatum's Record-Breaking Deal

Boston Celtics star Jayson Tatum has signed a historic five-year, $315 million supermax extension, making it the largest contract in NBA history. This deal underscores Tatum's value to the Celtics and his status as one of the league's elite players. The extension ensures Tatum remains the cornerstone of the Celtics' future, solidifying the team's commitment to building around their dynamic forward. This landmark contract not only highlights Tatum's exceptional talent and leadership but also sets a new benchmark in the NBA's financial landscape.

TECH

Today in AI & Tech

Meta's AI-Powered Metaverse: Meta plans to enhance its metaverse games with generative AI, aiming for more interactive and personalized experiences.

DNEG's $200M Boost: Visual effects giant DNEG secures $200 million to expand its cutting-edge animation and visual effects capabilities.

Reviving Legends: ElevenLabs' AI Reader app recreates the voices of Hollywood icons like Judy Garland and James Dean, blending nostalgia with innovation.

Nuclear Power for AI: The tech industry explores nuclear energy to sustainably power AI operations and data centers.

Quora's Paywall Bypass: Quora's Poe chatbot downloads and summarizes content from paywalled articles, making knowledge more accessible.

Apple's AI Vision: Apple is integrating AI into its Vision Pro headset, enhancing user interactions and functionalities.

Other

Supreme Court Shields Trump: In a landmark decision, the Supreme Court ruled that former President Donald Trump has immunity from prosecution for official acts during his presidency, stirring debates about the limits of presidential immunity​.

South Carolina GOP Shake-Up: Voters in South Carolina removed all female GOP senators, a significant political shift that has sparked discussions about gender and representation in politics​.

Yellowstone's White Bison Mystery: A rare white bison calf has gone missing in Yellowstone National Park, causing concern among conservationists and sparking a search effort​.

Roaring Kitty Lawsuit: The investor known as "Roaring Kitty" is being sued over allegations of a "pump and dump" scheme related to the GameStop stock frenzy, highlighting ongoing legal battles from the 2021 market surge​.

Mortgage Payment Spike: Adjustable-rate mortgage holders are bracing for significant payment increases as interest rates rise, impacting thousands of homeowners across the country​.

California Heat Wave: An excessive heat warning is in effect for much of San Diego County, with temperatures expected to soar, posing health risks and stressing local infrastructure​.

Historic MLB All-Star Selection: Pittsburgh Pirates rookie Paul Skenes makes history with his selection as an MLB All-Star, a notable achievement for the young player​.

Iranian Naval Incident: Iran's naval destroyer Sahand capsized and sank, according to state media, raising questions about the country's naval capabilities and maritime safety​.

Texas Hurricane Alert: Texas is on high alert as Hurricane Beryl approaches, with landfall expected soon, potentially bringing severe weather and disruptions​.

California Wildfires: A wildfire in Santa Barbara County has exploded amid a heat wave, leading to evacuations and challenging firefighting efforts​.

News Source: Yahoo news and Bing news

It's a Wrap!

Thank you for joining us in this journey through the latest updates and insights. Your engagement and support mean the world to us. We hope you found this newsletter both informative and inspiring. Stay tuned for more exciting news and stories in our next edition.

P.S. Don't forget to share this newsletter to your friends & colleagues for real-time updates and exclusive content. We love hearing from you, so feel free to reach out with your thoughts and feedback!

Warm regards,
Garry