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The gap between Chipotle’s success and McDonald’s woes is wider than ever

The BriefYour world right now

6 hours ago

Daimler sells its Tesla shares.

  “Our partnership with Tesla is very successful and will be continued,” but it seems the German automaker is more interested in the roughly $780 million it will make from ridding itself of its 4% piece of Tesla. The news isn’t surprising given the Daimler CEO’s bearish attitude (paywall) towards Tesla’s battery “gigafactory”.
October 21, 2014

A virtual sting operation wins a conviction.

  Last year, a Dutch charity invented a 10-year-old girl named Sweetie who was actually a computer animation, and lured 20,000 people into asking “her” to perform sex acts over a webcam for money. An Australian registered sex offender has become the first man to be punished for interacting with Sweetie—a sentence of two years.
October 21, 2014

McDonald’s profits have taken a 30% hit.

  Americans are choosing to get their fast food from other restaurants, bringing the Big Mac maker’s net income down to $1.07 billion, from $1.52 billion a year ago. Sales in the US and worldwide are both down 3.3%—investors were expecting a decline of 2.9% and 3%, respectively. The situation in China and Russia isn’t helping.
October 21, 2014
Chart of the Moment

Good luck trying to guess the cheapest time to buy your tickets.

October 21, 2014

Estonia will let foreigners become “digital residents.”

  For €50 ($64), Estonia will soon let non-Estonians apply for an “e-residency” that gives them a digital identity allowing them do business in the country without actually being there. They’ll still need to visit an Estonian police station to get their biometric data recorded, though that will expand to embassies in late 2015.

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