šŸŒ 4,000 Subways

Plus: PGA + LIV = ?
šŸŒ 4,000 Subways

Good morning, Quartz readers!


Hereā€™s what you need to know

China is getting 4,000 more Subway stores. Itā€™s the largest franchise deal in the sandwich chainā€™s history.

Thousands of people were displaced after a dam collapsed in Ukraine. Both Russian and Ukrainian forces blamed each other. Major flooding is expected in 80 towns near Nova Kakhovka.

Sequoia, a powerhouse in tech investing, is splitting its China and US units. The sever underscores the growing geopolitical tensions that are complicating business between the worldā€™s two largest economies.

Microsoft was fined for holding onto childrenā€™s data without parentsā€™ consent. The $20 million fee was related to personal information it collected from kids who gamed on Xboxes.

Singapore lost its only racecourse. Itā€™s being cleared to build more homes, something the countryā€™s growing population desperately needs.


Indiaā€™s deadliest train crash is partly a story of misused funds

Indiaā€™s worst train crash in 20 years is putting the spotlight on Indian Railways. The state-run transportation system has been accused of not spending enough on safety despite funds being allocated for that purpose.

Now, a new report is giving these allegations some tracks. Quartzā€™s Niharika Sharma looked into what the data suggests.

Image for article titled šŸŒ 4,000 Subways
Graphic: Niharika Sharma

Saudi Arabia is blatantly sportswashing

In a stunning about-face, the PGA Tour is merging with LIV Golf, a tour that has widely been seen as a ā€œsportswashingā€ effort by Saudi Arabiaā€”a way to repair its political image through the prestige of professional sports.

The deal ends both the flamewar between the two tours and an ongoing antitrust battle over the PGAā€™s market dominance. But as Quartzā€™s Scott Nover explains, the mega-merger does anything but tee up competition within golf as an industry.


The SECā€™s Coinbase lawsuit is risky

ā€œI could imagine this Supreme Court taking away authority from the SEC by refining what an investment contract is.ā€

ā€”Todd Phillips, a former FDIC lawyer, now a fellow at the Roosevelt Institute

Read more about why the US Securities and Exchange Commissionā€™s lawsuit against cryptocurrency exchange Coinbase has the potential to significantly diminish either the crypto industryā€™s presence in the US, or the power of the SEC itself.


Quartz most popular

šŸ„ø The psychological effects of growing up with an extremely common name

šŸ„½ Appleā€™s Vision Pro announcement at WWDC didnā€™t mention the word ā€œmetaverseā€

šŸ•³ļø Why is China drilling down to 10,000 metersā€”one of the deepest holes in the world?

ā›Ŗ An Oklahoma school has become the first to dismantle the wall between church and state

šŸ»ā€ā„ļø Where most of the worldā€™s glacial melt is happening

šŸš˜ Ford is recalling 125,000 hybrid SUVs and pickup trucksĀ 


Surprising discoveries

China got tired of importing durian. The countryā€™s first homegrown harvest still wonā€™t satisfy consumersā€™ ravenous need for the famously gross-smelling ā€œking of fruit.ā€

Mussels could rid the oceans of microplastics. However, it would take a terrifying number of the mollusks to make a big impact.

The mountains are in the planet. Studying seismic activity has clued researchers into deep-Earth mountains, the origin of which nobody fully understands.

That ducking annoying Apple autocorrect wonā€™t be a problem anymore. Just when weā€™ve begun to embrace it!

Professional soccer players are using AI to filter out racist online abuse. GoBubble, the maker of Emotion AI, has found a very niche market.


Our best wishes for a productive day. Send any news, comments, beautiful-smelling fruit, and underground hiking boots to talk@qz.com. Reader support makes Quartz available to allā€”become a member. Todayā€™s Daily Brief was brought to you by Susan Howson and Morgan Haefner.