Here’s what you need to knowThe US nominated a new World Bank chief. The streaming platform’s costs have gone down in over 30 countries in recent weeks in a bid to beat out competitors. What to watch forAfrica’s most populous country heads to the polls on Saturday, Feb. 25, to pick its next president. Microsoft’s big Bing theoryIf you’re only dimly aware of Microsoft’s Bing search engine, that’s because by the time it launched in 2009, Google had long since become synonymous with search. But the new Bing, launched earlier this month, hopes to turn some heads with powerful AI capabilities that go beyond providing links.
Here’s what you need to knowFacebook and Instagram’s parent company launched a subscription service. Biden’s trip to Poland coincides with Russian president Vladimir Putin’s annual State of the Nation address, scheduled for tomorrow. World Bank leadership needs a shakeupThe World Bank president is stepping down. As an international institution, it would make sense for the World Bank’s leadership to reflect its global priorities. But it doesn’t seem like the Biden administration is in the mood to break the World Bank presidency’s unwritten code.1 month ago Quartz
A labor union accused Tesla of firing people at an upstate New York plant in retaliation for their campaigning efforts. Workers United Upstate New York, the union a group of Tesla workers in Buffalo announced it would seek to join on Feb.14—said the carmaker fired more than 30 employees “in retaliation for union activity,” Reuters reported. “This policy violates federal labor law and also flouts New York’s one-party consent law to record conversations,” the union noted. AdvertisementTesla claim s the decision to fire workers in Buffalo pre-dates unionizing effortsTesla denied firing workers for their involvement in campaigning in a Feb. 16 statement. AdvertisementRelated stories🤲 Workers at Tesla’s Buffalo factory are trying to unionize👕 Why Tesla workers’ right to wear union T-shirts is so important💭 Tesla doesn’t understand that its goals are different from its employees’1 month ago Quartz
Dunkin’s Super Bowl ad debut is all thanks to its biggest celebrity fan, Ben Affleck. AdvertisementWatch: The Ben Affleck Dunkin Superbowl adDunkin’ ‘Drive-Thru’ Starring BenQuotable: Ben Affleck’s love affair with Dunkin’“It’s amazing! Already, scenes that weren’t in the Super Bowl ad are starting to show up on the company’s social media profiles. A non-exhaustive list of Super Bowl’s big ad moments🍎 Apple Music became the new sponsor of the Super Bowl halftime show. AdvertisementRelated stories🤑 Rihanna is the first woman billionaire to play the Super Bowl halftime show🏈 How the Super Bowl became an unrivaled US cultural phenomenon🍺 Bowl LVII ad watch: less crypto, more beer1 month ago Quartz
Here’s what you need to knowThe EU said Twitter’s disinformation report was half-assed. The tech giant’s submission was “short of data.” Meanwhile, Japan sounded a warning to Apple and Google on antitrust violations. Thousands of people are still missing as the death toll from Monday’s twin quakes in the region surpassed 20,000. What to watch forRihanna, who is headlining the Super Bowl LVII halftime show this Sunday (Feb. 12), will become its first woman billionaire star. Advertisement👬 It is also the first Super Bowl game to feature two brothers going head-to-head, Jason and Travis Kelce.1 month ago Quartz
Last night’s victories brought her total Grammy win count to 32, making her the most-decorated artist in the history of music awards that began way back in 1958. Charted: Top G rammy winnersPerson of interest: Georg SoltiLate conductor Georg Solti held the record for the most Grammy wins until Beyoncé claimed the crown. AdvertisementBeyoncé at the Grammys, by the digits28: Grammy awards Beyoncé had won before last night’s ceremony. Record of the year: Lizzo bagged the coveted award for “About Damn Time,” beating ABBA, Adele, Beyoncé, Kendrick Lamar, and others. Song for social change: Shervin Hajipour won for his song “Baraye” in the new special merit category introduced this year.1 month ago Quartz
The Federal Reserve is no longer taking into account data on public health when making decisions about interest rates, a change that was revealed in its latest statement about raising rates. On Wednesday, the committee of Fed officials who determine interest rate levels, called the Federal Open Market Committee (FOMC), announced the central bank was raising the federal funds rate by 25 basis points (or 0.25 percentage points). AdvertisementHidden in this statement was the Fed’s removal of public health readings among the list of data the central bank is reviewing to make interest rate decisions. Quartz tracked the changes between February’s FOMC statement and December’s FOMC statement and included those under the following subheading below. February’s FOMC statement compared to December’s statementRecent indicators point to modest growth in spending and production.1 month ago Quartz
Here’s what you need to knowThe euro zone reported fourth-quarter growth… The bloc’s GDP grew 0.1%, dodging a recession. Meanwhile, the IMF projected that the UK will be the only G7 economy to shrink in 2023. China’s largest EV maker debuted in the world’s fourth largest car market as it takes on Tesla in global sales. The US oil giant reported $55.7 billion in 2022 earnings as energy prices soared last year following Russia’s invasion of Ukraine. 🤥 Perceived corruption in the UK has hit an all-time highSurprising discoveriesMemes have met a most advantageous match.1 month ago Quartz