šŸŒ A Chinese blimp

Plus: Does Jamie Dimon have a savior complex?
šŸŒ A Chinese blimp

Good morning, Quartz readers!


Hereā€™s what you need to know

Private satellites spotted a new Chinese blimp. Finding out what Chinaā€™s military is up to with the airship requires digging into other features at its holding facility in Xinjiang.

Japanā€™s prime minister went to Africa thinking of China. Fumio Kishida is meeting with the leaders of four countries that have recently, coincidentally or not, forged close ties with China.

India blocked 14 mobile messenger apps on security fears. They were likely being used by terrorist groups in Jammu and Kashmir to communicate with people in Pakistan.

Franceā€™s new retirement age fueled May Day protests. Nearly 800,000 people demonstrated nationwide against president Emmanuel Macronā€™s overhaul of the countryā€™s pension system.


Does Jamie Dimon have a savior complex?

Jamie Dimon stands in front of a door with a JPMorgan sign on it
Photo: Michel Euler/Pool (Reuters)

You can ask why JPMorgan Chase agreed to buy the failed First Republic Bank out of regulatory receivership. But a better question might be, why not? CEO Jamie Dimon has been heralded as Wall Streetā€™s white knight, saving Bear Stearns and Washington Mutual in 2008 (not without remorse), and now is sweeping in to catch First Republic.

It begs the question: Does Dimon have a savior complex, or did he just see a chance for a big bank to get bigger? His affinity for a certain TV show could offer some clues.


Indiaā€™s heat waves will leave one group pretty happy

216 gigawatts: A record high electricity demand in India, set on April 18.

This summer is likely to see more records, and letā€™s just say Indian power companies are not not excited about what higher temperatures mean for their business.


Techā€™s good, bad, and ugly

Image for article titled šŸŒ A Chinese blimp
Illustration: Quartz

The Quartz Obsession podcast is back for its fifth season! Join host Scott Nover and Quartz journalists from around the world as they look at technologyā€™s promises, and whether those innovations will, wonā€™tā€”or simply shouldnā€™tā€”change our lives.

Episode 1, which premieres at 5am Eastern time on May 2, explores why the Worldā€™s Fair used to be the hot spot for tech innovation debuts, and why itā€™s fallen off its gilded pedestal in recent decades. Guest Cassie Werber takes you back in time to the events that brought us video calls, grapefruits, andā€¦ expanding hearses?

šŸ‘‚Listen to the trailerā€”and then hit subscribe!ā€”on Apple Podcasts, Spotify, Google, Stitcher, or YouTubeĀ 


Quartzā€™s most popular

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šŸ¤© A look back at BTS as it became the worldā€™s top-selling act

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Surprising discoveries

People keep eating iterations of Maurizio Cattelanā€™s banana art. This time it was a hungry college student in Seoul that plucked the ripe fruit from its duct tape cradle.

Bhutan is really into bitcoin. The Himalayan kingdom has quietly been mining the digital currency for years, using hydroelectric power from the runoff of ancient glaciers.

Improv bootcamp can make scientists funny. Well, at least theyā€™re hoping youā€™ll be more interested in their findings if they inspire some chuckles.

It took Apple just four days to get $1 billion deposits in its new savings account. A 4.15% annual return most certainly helped.

The brain surges with activity right before death. It might be a marker of consciousness, but it might not be.


Our best wishes for a productive day. Send any news, comments, banana bread, and science jokes to talk@qz.com. Reader support makes Quartz available to allā€”become a member. Todayā€™s Daily Brief was brought to you by Morgan Haefner and Susan Howson.