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Billionaire Carl Icahn got the Hindenburg Research treatment. The short-selling research firm deems the activist investorās fund to be inflated by 75% or more.
Fordās EV unit registered a $722 million quarterly loss. The automaker is nonetheless slashing the price of its all-electric Mustang Mach-E.
Tinderās parent company Match Group is finally exiting Russia. The company mentioned its commitment to āprotecting human rightsā in deciding to leave more than a year after the invasion of Ukraine.
A key TikTok executive in the fight against a US ban is leaving the company. Eric Han was tasked with leading the US Data Security Trust and Safety team formed in December.
AI helped achieve a breakthrough in mind-reading technology. The technologyās progress is raising ethical concerns. Meanwhile, IBM suspended hiring for jobs that can be done by AI.
Where press freedom is most at risk around the world
May 3 is known as World Press Freedom day, and this year marks the 30th anniversary since the United Nations General Assembly made the proclamation. The detention of Wall Street Journal reporterĀ Evan Gershkovich in a Russian prison is one of the most prominent current cases of abuses against media freedom, but sadly, it is not an isolated one.
According to Reporters Without Borders, as of December 2022 there were 533 journalists imprisoned across the world, a 13.4% increase from the previous year. Clarisa Diaz looked at the most recent World Press Freedom index to see which countries score highest and lowest.
Another part of the Murdoch media empire was caught fibbing
Pop quiz: On which topic did Australiaās media authority say Sky News Australiaāowned by Rupert Murdochās News Corpāaired misleading information?
A. Election coverage
B. Climate change
C. Space launches
D. The covid pandemic
Find the answer in Cassie Werberās report.
International drug enforcers clocked a huge bust
288: Number of arrests across nine countries announced yesterday in a sprawling drug bust that took down a major dark web narcotics ring
Dubbed Operation SpecTor, the investigation focused on an online drug hub called Monopoly Market and was one of the largest international operations of its kind.
Quartzās most banky
š¤ Why did JPMorgan Chase buy First Republic out of receivership?
š¼ Jamie Dimon, from Sandy Weillās assistant to savior of First Republic
š¦ āāThe FDICās proposal for deposit reform is narrow and uninspiringāand it just might work
šļø The FDIC says it didnāt have the staff to regulate Signature Bank
š«µ The Fedās report on Silicon Valley Bank is out, and it blames everyone
š Credit Suisseās final earnings report was one last quarterly run from hell
Surprising discoveries
Franceās finance minister has enough time to write erotic novels. Whatās mightier, the pen or economic turmoil?
Quebec is taking an Uber approach to its public transit. People love it.
Enamored by Sweden, young Chinese workers are moving there in record numbers. But it āisnāt as chillā as they had hoped.
The CEO of edtech firm Chegg name dropped ChatGPT in its weak earnings report. It sent stocks in a tailspin.
The first Worldās Fair had 10 miles (16 km) of exhibits. It took place in London and kicked off nearly two centuries of gathering the worldās ideas into one exhibition. So why donāt we talk about the Worldās Fair anymore? Weāll explain in the first episode of the Quartz Obsession podcast, season five!
ā¬ļø Subscribe today, wherever you get your podcasts: Apple Podcasts | Spotify | Google | Stitcher | YouTubeĀ
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