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Hereās what you need to know
Ukraine declared a state of emergencyā¦ As reports placed Russian troops closer to the border and cyberattacks targeted Ukrainian banks and government websites, Kyiv ordered Ukrainian citizens to leave Russia at once.
ā¦And the west pressed its economic levers. US president Joe Biden announced sanctions on those helping with Nord Stream 2, Russiaās massive pipeline project, but the EUās sanctions went even farther. Will it work?
Sanofi and GSK have a covid vaccine. The French and British drug manufacturers are submitting their jabāwhich they say has 100% efficacy against severe disease and hospitalizationsāfor regulatory approval.
US truckers are protesting across the country. The āPeopleās Convoyā left California for DC, though the pandemic restriction protesters insist they wonāt enter the US capital city.
Toyota is meeting union pay demands in Japan. Though itās a rare occurrence for the auto giant to give in during labor talks, workers will get the salary bumps and a bonus they asked for.
The EU proposed the Data Act. The law would give consumers more access to their data collected by the Internet of Things, while protecting smaller companies.
What to watch for
Today, Alibaba reports earnings for its most recent fiscal quarter. Still under the shadow of Beijingās crackdown on big tech that first began in late 2020, the firm is expected to report an approximate 60% decline in profit, according to Bloomberg. Investors will also watch closely for any clues about whether the company faces fresh scrutiny from Beijing, which is said to have ordered state-owned banks and firms to check their financial exposure to fintech giant Ant Group, one-third of which is owned by Alibaba.
All the guessing about the companyās fate lays bare the trauma Chinaās crackdown has brought investors. Without their once-blind faith in the industry, most Chinese tech giants have experienced panic selloffs that wiped billions of dollars from their market value. With no signs of a change of direction from Beijing, the companies may have no choice but to accept that their heydays are already behind them.
A micronationās Zaha Hadid-designed city in the metaverse
In January, the Free Republic of Liberlandāa crypto-friendly micronation located on three square miles of no manās land between Croatia and Serbiaāunveiled a fully realized city in the metaverse designed by Zaha Hadid Architects. Picture a national assembly hall, a buzzy NFT bazaar, office towersāall done in Hadidās trademark swooping, swoon-worthy architectural style.
Patrik Schumacher, who has been running Hadidās firm since the starchitectās death in 2016, predicts that the metaverse will usher in a golden age for parametricismāan avant-garde building style based on computer algorithms that defined Hadidās career and legacy. āEvery institution could have a mirror space in the metaverse,ā he argues. āAnd we architects can cater to both at the same time.ā
ā¦ Our latest member-exclusive Forecast email looks at how companies can get started in the metaverse. If youāre not yet a Quartz member, start your seven-day free trial today.
Best companies for remote workers
If your company is using the metaverseāor even if it isnātāwe want to hear about it. Submit yours for our Best Companies for Remote Workers 2022 list.
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Surprising discoveries
A scan of a dying brainās waves showed activity at the moment of death. Thereās something going on in the memory retrieval zone.
A mosaic floor laid by ancient Romans has been hiding under London soil. The soil in question has been used as a parking lot for building equipment for years.
Maybe one day a security guard will add the mosaic to an art exhibit. Baltimore Museum of Art figured its guards knew the place better than just about anybody, so gave them a turn at curation.
Youāll like your coworkers more if you wear headphones. A study showed that if you feel that a speakerās voice is coming from inside your head, youāll warm up to them more quickly.
While youāve got those headphones onā¦ Listen to Quartzās Manavi Kapur explain how the pandemic whittled Indian wedding guest lists down from a āreasonableā 1,500 people to a downright austere 500. Check out this weekās episode of the Quartz Obsession podcast.
š„» Listen on: Apple Podcasts | Spotify | Google | StitcherĀ
Our best wishes for a productive day. Send any news, comments, wedding invitations, and electronics that will make us like people more to hi@qz.com. Get the most out of Quartz by downloading our iOS app and becoming a member. Todayās Daily Brief was brought to you by Jane Li, Anne Quito, Liz Webber, and Susan Howson.