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Hereās what you need to know
China is getting 4,000 more Subway stores. Itās the largest franchise deal in the sandwich chainās 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 worldās two largest economies.
Microsoft was fined for holding onto childrenās 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. Itās being cleared to build more homes, something the countryās growing population desperately needs.
Indiaās deadliest train crash is partly a story of misused funds
Indiaās 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. Quartzās Niharika Sharma looked into what the data suggests.
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 āsportswashingā effort by Saudi Arabiaāa 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 PGAās market dominance. But as Quartzās Scott Nover explains, the mega-merger does anything but tee up competition within golf as an industry.
The SECās Coinbase lawsuit is risky
āI could imagine this Supreme Court taking away authority from the SEC by refining what an investment contract is.ā
āTodd Phillips, a former FDIC lawyer, now a fellow at the Roosevelt Institute
Read more about why the US Securities and Exchange Commissionās lawsuit against cryptocurrency exchange Coinbase has the potential to significantly diminish either the crypto industryās presence in the US, or the power of the SEC itself.
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š Ford is recalling 125,000 hybrid SUVs and pickup trucksĀ
Surprising discoveries
China got tired of importing durian. The countryās first homegrown harvest still wonāt satisfy consumersā ravenous need for the famously gross-smelling āking 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 wonāt be a problem anymore. Just when weāve 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 allābecome a member. Todayās Daily Brief was brought to you by Susan Howson and Morgan Haefner.