đ Sheinâs comeback in India
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Hereâs what you need to know
Shein is readying its comeback in India. The fast fashion brand was banned from the country in 2020, but a new government-approved partnership with Mukesh Ambani is changing things.
Twitter has a new pirated movie problem. Monthly subscribers can now upload two-hour videos to the site, but films that violate copyright laws are being posted just as legal and moderation teams shrink.
Fewer sales arenât stopping global food chains from expanding in India. Operators of KFC, Pizza Hut, and McDonaldâs are pinning their hopes on a revival in demand.
Serbia imposed gun controls after just two mass shootings. Meanwhile, the US has had 227 mass shootings this year alone.
The US Treasuryâs pile of cash is dwindling
The US is edging ever closer to its âX-date,â when the countryâs Treasury is expected to run out of cash. Itâs hard to say exactly when the US could run out of money if a new deal on its debt ceiling isnât reached, but some analysts think it could happen as early as June 1.
CEOs are making bank on generative AI bets
98%: How much Nvidia CEO Jensen Huangâs fortune has increased this year, thanks to the global AI frenzy
Huang, the worldâs 44th richest man, saw the highest wealth increase among all US billionaires last year. He said it helps that Nvidia hit âthe iPhone moment of AI.â
Pop quiz: The $1 billion tour
BeyoncĂ©âs Renaissance tour and Taylor Swiftâs Eras tour could be on the path to break the $1 billion mark, thus becoming the biggest-ever tour by revenue. But that title currently belongs to someone else. Who is it?
A. Bruce Springsteen
Find the answer here, as well as why Ticketmaster is the definite winner, no matter who eclipses $1 billion first.
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Surprising discoveries
A huge snapping turtle is bringing hope to Chicagoans. The presence of Chonkasaurus on the cityâs river is a sign that healthy life is possible on the once toxic waterway.
The Wienermobile is no more. The infamous Oscar Mayer hotdog car has been renamed to the Frankmobile.
A billionaire Moon competition is taking off. NASA decided that both Jeff Bezosâs Blue Origin and Elon Muskâs Starship will help Americans land back on the lunar surface.
Oil will run the UNâs next ââClimate Change Conference. Hereâs just one example: The head of host country UAEâs state-owned oil and gas company will be the meetingâs president.
Estonia has been a pioneer in online voting. Even though the European country began using the technology in 2005, it wasnât until this year that half of all votes were finally cast online. Host Scott Nover and Quartzâs Shivank Taksali talk about why it has taken so long for the world to digitize its voting systems in the latest episode of the Quartz obsession podcast.
đ§ Listen right now!
â Subscribe wherever you get your podcasts: Apple Podcasts | Spotify | Google | Stitcher | YouTubeÂ
đ Or, read the transcript
Our best wishes for a productive day. Send any news, comments, Chonkasaurus sightings, and Frankmobiles to [email protected]. Reader support makes Quartz available to allâbecome a member. Todayâs Daily Brief was brought to you by Morgan Haefner.