🌏 Y all the price slashing

Plus: Are you a human?

Image for article titled 🌏 Y all the price slashing
Photo: Tingshu Wang (Reuters)

Good morning, Quartz readers!

Here’s what you need to know

Tesla slashed prices for its Model Y EVs in China. The cuts come after the company vowed to stop its EV discount war in the country, where it has been slashing prices for about a year.

The Russian ruble fell to its lowest point in a year. Its sharp decline—now below 100 to the US dollar—triggered an emergency central bank meeting.


Sam Bankman-Fried is headed to a notorious New York City prison. The founder of the bankrupt cryptocurrency exchange FTX will have to leave house arrest after his $250 million bail was rescinded.

Joe Biden called China’s economy a “ticking time bomb.” The US president was talking about the country’s shift into deflation last week, but a slowdown in China is more likely to deal a direct blow to its Asian trading parents than the US.


Charted: How the Maui wildfire compares to others in US history

Image for article titled 🌏 Y all the price slashing
Graphic: Julia Malleck

Read the full report here.

Now hiring: Workers that are at least 70 years old

Globally, companies are seeing older employees make up a greater share of their workforce. But in no place is this as acute as in Japan, where over 40% of the workforce is aged 55 and older.


The country’s labor crunch is getting so severe that now firms are actively hiring 70-year-olds.

Image for article titled 🌏 Y all the price slashing
Graphic: Ananya Bhattacharya

Are you a human?

You’ve been proving to websites that you’re human for years, most likely using a system called CAPTCHA, which is so interesting we wrote an Obsession email about it and talked about it for an entire podcast episode.


With rapid improvements in AI technology happening seemingly every time you open your Quartz Daily Brief, it was only a matter of time before we informed you that the robots have gotten better at CAPTCHA than the humans.

Let’s prove you’re human by quizzing you on what CAPTCHA even stands for…

A. Can AI Play The CHArt of stoplights game
B. Catching Artificial People Through Computer Hijinx Activities
C. Completely Automated Public Turing test to tell Computers and Humans Apart


Find out the answer—and read about the implications of bots breaking down the gates of the internet—in Faustine Ngila’s latest.

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Surprising discoveries

Moon snails are cannibals. To attack their prey—which also includes clams and mussels—they bury themselves under sand and attack from below.

Some Michigan State University students will get to experience an archaeological dig on campus. The foundation of a 140-year-old building was unearthed while construction workers were installing hammock poles outside of a residence hall.


Young plaintiffs scored a win in a climate lawsuit in Montana. A judge ruled that they have a right to a clean environment, but legal challenges to the decision are expected.

A planet-like object exists that’s hotter than the sun. The brown dwarf’s temperature is 7,727°C (13,940°F), whereas the surface of the sun comes in at 5,505°C (9,941°F).


Our best wishes for a productive day. Send any news, comments, hammock poles, and hot planets to talk@qz.com. Reader support makes Quartz available to all—become a member. Today’s Daily Brief was brought to you by Morgan Haefner and Susan Howson.