Derek Chauvin guilty, Appleā€™s new products, Boeoegg

George Floydā€™s brother Philonise Floyd and reverend Al Sharpton leave the Hennepin County Government Center on April 19, 2021, the day before the verdict was reached.
George Floydā€™s brother Philonise Floyd and reverend Al Sharpton leave the Hennepin County Government Center on April 19, 2021, the day before the verdict was reached.
Image: Reuters/Nicholas Pfosi

Good morning, Quartz readers!

Hereā€™s what you need to know

A jury found Derek Chauvin guilty on all counts. The former Minneapolis police officer will now await sentencing for the murder of George Floyd last year.

Apple unveiled a new slate of products. The new iPad Pros and fully redesigned iMac will feature Appleā€™s M1 chip. Also announced at the Spring Loaded event: AirTag item trackers, Apple TV 4K, and, finally, a new season of Ted Lasso.

The EU re-greenlit Johnson & Johnsonā€™s vaccine. The blocā€™s regulatory agency recommends a blood clot warning label. Meanwhile, South Korea and the US are considering a surplus vaccine exchange.

Netflixā€™s Q1 was a mixed bag. It fell well short of its goal of 210 million subscribers, but beat earnings predictions by a dollar a share.

Ukraine warned of Russian border troop escalation. The Ukrainian foreign minister called for more sanctions against Russia from the West, while Moscow encouraged US ambassador John Sullivan to go home.

Chadā€™s president was killed. The countryā€™s military said the death of the recently re-elected controversial president Idriss DĆ©by was the result of violence between soldiers and rebel insurgents.

Boeingā€™s CFO is retiring early. Shares slipped on the surprise news, despite the embattled aircraft manufacturer also announcing it would be extending its CEOā€™s retirement age.

Procter & Gamble is raising prices. Diapers, tampons, and other household staples are being hit by a raw material shortage industry-wide.


What to watch for

The Shanghai Auto Showā€™s opening day offers two glimpses into the future: Its hundreds of booths depict an automotive world defined by electric vehicles and self-driving technology, and the show itself is an example of the large-scale in-person events that have returned in China.

Itā€™s just as interesting by the numbers:

$4,230: The sticker price of the Hongguang Mini

605: The range in kilometers of BYDā€™s Han, named after Chinaā€™s eponymous dynasty

3: Separate firms, Alibaba, SAIC, and Zhangjiang Hi-Tech Group, that collaborated to create the Shiji IM Air Concept vehicle.

33: Sensors on the Nio ET7ā€™s autonomous driving model

10%: EV car sales in China during March, a first

2023: The year by which Xpeng predicts the EV market will enter a phase of rapid expansion

$87 billion: XPengā€™s market value, which has been helped as of late by enthusiastic investors and grand promises itĀ  will soon produce 1 million electric cars a year, despite the fact that it has never delivered a single vehicle.


Charting data security trust in India

The Indian governmentā€™s track record with data security is abysmal, yet citizens have a lot of trust in it.

Image for article titled Derek Chauvin guilty, Appleā€™s new products, Boeoegg

According to a YouGov online survey, as many as 35% of urban Indian respondents in a recent survey said they trusted government departments the most with the safety of their personal data. In comparison, just 14% said they trusted e-commerce sites, while only 7% have faith in social media platforms.


A new era for amateur stock traders

A slide from a Quartz presentation showing the stock market surge in retail trade in 2020.

Itā€™s not just GameStopā€”retail trade is booming. With fewer barriers to entry and more time and cash on hand, a slew of non-professional traders are betting on the stock market. But some worry that the volatility theyā€™re causing is bad news in the long run. Get into this and more in our most recent presentation: The retail trading boom and why it matters.

āœ¦ Whether youā€™ve made enough to retire from crypto and IPOs, or the first portion of this sentence was gibberish to you, a Quartz membership can help you make sense of the market. Try it for free!


Handpicked Quartz

šŸŽ®Why Amazon keeps failing at video games

šŸš“Why itā€™s so hard to get a new bike right now

āš½ļøSoccerā€™s controversial European Super League is already falling apart

šŸ’¼How to manage up and across in the workplace

šŸ’»Boris Johnsonā€™s canceled India trip is a reminder that statecraft is impossible over Zoom

šŸš˜Tesla stole the spotlight at Chinaā€™s premier auto show for all the wrong reasons


Surprising discoveries

Venmo will let you buy and sell crypto. You wonā€™t be able to use bitcoin to pay your friend back for šŸ• just yet, though.

Redditā€™s got a new audio feature. The social media industry is taking Clubhouse very seriously.

Thereā€™s a new power washing simulator. Itā€™s as satisfying, if not more so, than popping virtual bubble wrap.

The Swiss blew up a snowman. OK, the pitchfork-wielding Boeoegg is destroyed with fireworks every year, but only this year did he meet his end on Devilā€™s Bridge.

Amazon is getting into barbering. Londoners can try out new looks with augmented reality, commit to them with real-life stylists, and, of course, order products instantly.



Our best wishes for a productive day. Please send any news, comments, dirty houses, and Amazon haircut appointment requests to hi@qz.com. Get the most out of Quartz by downloading our iOS app and becoming a member. Todayā€™s Daily Brief was brought to you by Niharika Sharma, NicolĆ”s Rivero, Jordan Lebeau, and Susan Howson.