Netflix earnings, tax politics, Portuguese pastries

Quartz has been nominated for two Webby awards, and we need your vote! [Quartz Daily Brief]( Good morning, Quartz readers! Quartz has been nominated for two Webby awards, and we need your vote! In the best video series, news and politics category, [Quartz News]( is a weekly global news show bringing you in-depth reporting from all over the world. You can [vote here](. And in the best video, technology category, “[The Future of Gaming: Your data, your wallet]( from our video series “What Happens Next” dives into how gaming companies are finding new ways to keep players playing and spending money. [Vote here](. What to watch for today Egypt’s parliament votes to extend presidential term limits. Under the proposed changes, Abdel Fattah al-Sisi will be able to seek [two new six-year terms]( starting in 2022, and the military will receive expanded powers to intervene in civil matters. The US and Israel hold a meeting on counterterrorism. Delegations will [convene in Jerusalem]( for the annual event, which is the US State Department’s longest-running dialogue on counterterrorism. Netflix releases first-quarter results. With stiff competition from the likes of Amazon and Hulu and two new formidable challengers nipping at its heels ([Apple and Disney]( the video streaming platform [can’t afford to show signs of weakness](. More earnings from blue chip companies. IBM is expected to [post flat earnings]( with the first quarter a typically weak one for the tech giant. Meanwhile, Bank of America is forecast to report a [small rise in earnings]( over last year, and investors will be looking at the effect of [product liability issues]( on Johnson & Johnson’s bottom line. While you were sleeping The Notre Dame cathedral fire was brought under control. The blaze, possibly ignited during restoration work, caused the 850-year-old Gothic building’s [spire and roof to collapse](. French president Emmanuel Macron has vowed to rebuild the church, with two of France’s wealthiest families [pledging €300 million]( ($339 million) for the task. Bernie Sanders released his tax returns. The Vermont senator [released a decade of tax returns]( which showed the democratic socialist becoming a millionaire after penning a best-selling book. Meanwhile, House Democrats [subpoenaed several banks]( as part of an investigation into Donald Trump’s personal finances. A US museum canceled a gala honoring Brazil’s president. The American Natural History Museum [announced that it would no longer host]( a black-tie event that would have honored Jair Bolsonaro, a rightwing populist who has rolled back environmental and Amazon rainforest protections. Foxconn’s chairman pivoted to politics. Taiwan’s richest person, Terry Gou, is [considering a run]( for the presidency in 2020. He said earlier this week he would step back from daily responsibilities at the world’s largest contract manufacturing company. Ecuador has been hit by 40 million cyber attacks since Julian Assange’s arrest. [Attacks on webpages of public institutions]( began after the Wikileaks founder was stripped of political asylum and expelled from the Ecuadorian embassy in London last Thursday, according to Ecuador’s deputy minister for information and communication technologies. Quartz Obsession Got a nemesis? You’re not alone. Research suggests 70% of people have had a singular enemy at some point, and social media means we’re more open about it. But we can harness those bad feelings for good:” Having the right kind of nemesis can push us towards our better selves, in terms of what we do and how we behave. [Throw some side-eye towards today’s Quartz Obsession.]( Membership Senator Sheldon Whitehouse is bent on stamping out hidden money in the US. In today’s [Q&A]( reporter Max de Haldevang speaks with the man who doesn’t mess around. And in [Private Key]( we have a look at how one of the biggest VC firms in the world, Andreessen Horowitz, has approached investing in cryptocurrencies. Matters of debate [Join the conversation with the new Quartz app!]( 12-hour days are not a blessing. We should ignore Alibaba founder Jack Ma’s worship of [the “996” lifestyle](. English is one of the world’s weirdest languages. It sounds strange and has [odd grammar](. The US and China treat Latin America like a playground. Diplomats are trading barbs about [which nation interferes most]( in countries like Venezuela. Message from our Partner Understand the world of finance. No jargon, no cost. Join over 350k readers taking control of their personal finances and get a 3-minute breakdown of the two most important financial headlines in your inbox daily. [Sign up for free.]( Surprising discoveries Science clickbait is being roasted on Twitter. A Boston-based researcher is using [@justsaysinmice]( to shame coverage that conflates rodent research with implications for humans. A humble Portuguese pastry is a global sensation. Crafty marketing and [some subtle government backing]( (paywall) have made the pastel de nata an Instagrammable hit. Big Weed pays big taxes. Uncle Sam took [a $4.7 billion cut]( out of $13 billion in revenue in 2017, with many businesses paying in cash. Yangtze turtles are nearly extinct. The death of the softshell species’ last-known female cuts the population [down to three](. Private jets in India are booked up for political campaigning. The country’s vast election is being [fought in the skies]( (paywall), where Narendra Modi has the upper hand. Our best wishes for a productive day. Please send any news, comments, sound scientific research, and photogenic pastries to hi@qz.com. Join the next chapter of Quartz by [downloading our app]( and [becoming a member](. Today’s Daily Brief was written by Adam Rasmi and edited by Jason Karaian. 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](.