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EU fines Google, Elon Musk apologizes, world’s oldest bread

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qz.com

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hi@qz.com

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Wed, Jul 18, 2018 09:47 AM

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Sponsored by Good morning, Quartz readers! What to watch for today The boys rescued from the Thai ca

[Quartz Daily Brief]( Sponsored by Good morning, Quartz readers! What to watch for today The boys rescued from the Thai cave speak to the media. The 12 boys and their 25-year-old coach will [give a press conference]( at around 6pm local time. The government requested that the media leave the boys and their families in peace for the next 30 days. Morgan Stanley, eBay, and IBM are next up. Earnings season gathers pace with Morgan Stanley [expected to report]( an increase in second-quarter profit. [eBay]( is likely to have seen some revenue growth, while [IBM]( riding its shift to cloud computing and security services, is expected to post a profit rise. Google braces for a mega-fine. The European Commission is expected to impose a [$5 billion penalty]( (paywall) on Google for stifling competition by promoting its own services on its android system. Regulators may attempt to force the tech giant to open up Android to promote rivals. Sponsor content by JPMorgan Chase & Co. For new parents, a little listening goes a long way. By pairing new mothers and fathers with more seasoned parents, companies can help the former navigate the challenging early days of parenthood. That’s the idea behind programs such as Parents@JPMC, a resource group for working parents at JPMorgan Chase which is designed to give new parents perspective, advice, and an empathetic ear. [See other creative ways that companies are thinking beyond paternity leave](. [Advertisement] While you were sleeping Elon Musk apologized for calling a British diver a “pedo.” The Tesla CEO [tweeted]( his apology to Vern Unsworth, a member of the Thai cave rescue team. Musk wrote: “His actions against me do not justify my actions against him, and for that I apologize to Mr. Unsworth and to the companies I represent as leader.” Ex-FBI boss James Comey urged people to vote for the Democrats. Comey, who was fired by Donald Trump in 2017, launched his appeal on Twitter for “[all who believe in this country’s values.]( Comey, a Republican who distanced himself from the party in April, added: “Policy differences don’t matter right now. [History has its eyes on us]( Novartis delayed US price increases to please Trump. The Swiss pharma giant said it would [voluntarily freeze its drug prices]( (paywall) in the US for the rest of the year—Pfizer is doing the same. In May, Trump vowed to bring down [the price of prescription drugs]( for consumers. Millennials gave Swatch a timely boost. Riding an industry upswing, the Swiss watch company posted a [70% rise in half-year operating profits]( (paywall) on the back of surging demand from younger consumers in the US and China. Texas Instruments CEO Brian Crutcher resigned for code-of-conduct violations. The company [did not specify]( what he did, but mentioned “personal behavior that is not consistent with our ethics and core values.” Chairman Richard Templeton will assume the roles of president and CEO. Quartz Obsession interlude Rosie Spinks on the history of ice cubes. “Prior to the 1800s, ice was a decidedly regional and luxurious affair—you could enjoy it if you lived near sources of natural ice and could afford it. But in 1805, Boston-born Frederic ‘The Ice King’ Tudor had a hunch that harvesting ice from the frozen lakes, river, and ponds… of New England and shipping them south to the tropics would make him ‘inevitably and unavoidably rich.’” [Read more here](. Matters of debate Being your own boss is like getting punched in the face every day. Not everyone is up for [the life an entrepreneur](. Quitting social media will help, not hinder, your career. The [digital detox]( will reduce procrastination and strengthen mindfulness. Strongman politics destroys democracy. Former US president Barack Obama criticized leaders who [“make stuff up.]( Quartz announcement Could learning stand up comedy be an antidote to insecure teenage years? Quartz reporter Leah Fessler [uncovers]( the rebellion and power of being a funny girl, and how using the things that get under our skin can help the [Next Generation]( shape more resilient identities. Surprising discoveries Multigrain pita is the oldest bread in the world. Archeologists found the [14,400-year-old specimen]( in an ancient fireplace in the Jordanian desert. Madagascar has the fastest broadband speed in Africa. The island nation’s speed is more than [double the world average](. Fish oil supplements don’t keep the heart healthy. A study of over 100,000 people found [omega-3 fish oil supplements]( did nothing to prevent heart disease. Astronomers found 10 more moons orbiting Jupiter. The planet now has 79 moons in total, and one is on a [collision course]( with the others. A genealogy website might crack another cold case. Police [uploaded DNA samples]( (paywall) to help nail down a suspect for the rape and murder of eight-year-old April Tinsley in 1988. Our best wishes for a productive day. Please send any news, comments, fresh pita bread, and Jupiter’s 80th moon to hi@qz.com. You can follow us [on Twitter]( for updates throughout the day or download our [apps for iPhone]( and [Android](. Today’s Daily Brief was written by Jill Petzinger and edited by Lianna Brinded. Enjoying the Daily Brief? Forward it to a friend! They can [click here to sign up.]( If you click a link to an e-commerce site and make a purchase, we may receive a small cut of the revenue, which helps support our ambitious journalism. See [here]( for more information. To unsubscribe from the Quartz Daily Brief, [click here](.

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