đ Worldâs sketchiest startup event

Good morning, Quartz readers!
Hereâs what you need to know
Entrepreneurs in India were hoaxed by the âworldâs biggest startup-funding event.â Surprise, it wasnât, and creators had a hard time finding any investors.
Alibaba isnât opposed to spinning off some of its units. The chief financial officer of the Chinese internet giant said as much to investors while discussing its restructuring.
Ads are coming to Microsoftâs AI-powered Bing. The tech giant plans to share ad revenue with publishers whose content powered the chatbotâs response.
Google has to pay a $162 million fine in India. But the US internet giant can appeal the ruling, which is part of an antitrust case over its Android dominance.
A common tax loophole is closing in the US
90: Days insiders will now need to wait after starting or modifying a preset trading plan before they can trade any of the reported stocks
The change is part of new financial disclosure rules thatâll take effect April 1 in the US. Executives wonât be able to sell shares as soon as a day after adopting a trading plan, which has been pretty routine in the past. But as Quartzâs Diego Lasarte explains, this might be more of a narrowing than a true closing of the loophole.
Another big number
9: Episodes of the latest season of the Quartz Obsession podcast, now available in its entirety for your discerning ears
Join host Annalisa Merelli as she talks to an array of Quartz reporters, editors, and sometimes their cats about the innovations that power changeâor purport to, anyway.
đ§ Listen on: Apple Podcasts | Spotify | Google | Stitcher
And be sure to hit âsubscribe,â as season 5 will be here before you know it.
Private jet fuel emissions are taking off in Europe
What spit over 3.3 million metric tons of carbon emissions into the air last year? More than half a million private flights across Europe, thatâs what, and thereâs no sign that the number of trips will hit cruising altitude anytime soon.


⊠Love stories about how global travel is changing? Help keep our content free and accessible to all by becoming a member. Daily Brief readers get 50% off.
Quartzâs most popular
đ The WHO may add obesity drugs to the list of essential medicines
đđ One Texas ruling could end mifepristone access in the US
đ§ The mystery behind a remarkable $7 billion US tax payment
đ§đ§ Not one Adani firm is among Indiaâs top corporate taxpayers
đ US workers say their job isnât extremely important to their identityâŠ
đđ âŠwhile every US state is making semiconductors part of theirs
Surprising discoveries
A clause involving King Charles III may be Disneyâs fairy godmother. Florida governor Ron DeSantis is hitting a royal barrier in his effort to have more control over the Magic Kingdom.
Sweet baits used to trap and kill cockroaches worsened their sex lives. But evolution wasnât about to let the party die.
Rare copies of Shakespeareâs works are up for sale. Thou couldst buy them for $10.5 million.
Someone will have to convince Gen Z that government jobs are cool. Only 8% of federal workers in the US are under age 30.
Credit scores were meant to eliminate bias. Many critics think that credit bureaus and FICO do the opposite. Scott Nover and host Annalisa Merelli talk about why in the last episode of the Quartz Obsession podcast, season 4.
đ§ Listen on: Apple Podcasts | Spotify | Google | Stitcher
đ Or: read the transcript!
Our best wishes for a productive day. Send any news, comments, Shakespearean lore, and a penchant for bureaucracy to [email protected]. Reader support makes Quartz available to allâbecome a member. Todayâs Daily Brief was brought to you by Morgan Haefner and Susan Howson.