🌍 Facebook loses users

Plus: Will the Washington Commanders rebrand pay off? [Quartz]( Good morning, Quartz readers! Was this newsletter forwarded to you? [Sign up here](. Forward to the friend who [has a strong opinion about Xbox vs. PlayStation](. Here’s what you need to know Facebook lost daily users for the first time ever. It’s [a slight dip](, but still unusual, and comes as disappointing earnings led to dramatic falls in parent company Meta’s stock price [on the Nasdaq]( and [in Frankfurt](. CNN’s president quit over an undisclosed relationship with another executive. [Jeff Zucker leaves]( after nine years in charge, and admitted he should have told the company his partner is chief marketing officer Allison Golust. It’s too early to assess the damage from the Rogan controversy, Spotify says. But although CEO Daniel Ek is [unsure of the impact on subscriptions](, the company’s [stock price was already falling](. User numbers in the last quarter were up, however. PayPal shares tumbled. A spree of sell-offs [erased $50 billion]( from the company’s valuation, with stocks falling nearly 25%, forcing it to abandon its growth strategy. The US is sending 3,000 troops to eastern Europe. They [will go to Poland and Romania]( to help NATO allies with any threat of Russia invading Ukraine. None of Beijing’s snow will be real. It’s the first Winter Olympics to [rely 100% on the fake stuff](. Our [Need to Know: Beijing Olympics]( newsletter, though, is the genuine article. [⚡ Sign me up!]( Subscribe with one click What to watch for The earnings reports for video game giants Activision Blizzard and Nintendo arrive today on the heels of two multibillion-dollar deals from [Microsoft and Sony](. Because of its pending acquisition by Microsoft, Activision won’t hold a conference call, but its numbers will nevertheless be under the microscope as the market compares its 2021 results against its [$68.7 billion]( sale price. Nintendo’s story is a bit more uncertain as a [global chip shortage]( continues to affect sales of its Switch console, while its [Animal Crossing: New Horizons]( game remains a pandemic hit. One of the main questions is what Nintendo’s metaverse play might be, even though Animal Crossing is kind of a mini-metaverse. The company didn’t mention it in its last investor briefing, but as the major game studios consolidate and metaverse plans ramp up, the market will be looking for some indication that Nintendo [plans to join the virtual party](. Will the Washington Commanders rebrand pay off? [A man wearing a hoodie with a small Washington Redskins icon holds up a sweatshirt with the new Washington Commanders logo while browsing in the Washington football team's fan store.] Rob Carr/Getty Images The NFL’s Washington Football Team, formerly the Redskins, has a new name: the Washington Commanders. Brand analysts say the cost of a rebrand could be worth it if it helps [win back some of the team’s shrinking fan base](. There are certainly opportunities to profit from new merchandise and licensing deals that come from the rebrand, but the team will likely have to overcome some skepticism about the new name at first. $10 million: Estimated cost for a sports team to replace merchandise, uniforms, stadium signage, and everything else when it changes its name 19%: Drop in attendance at Washington home games since 2020 26: Rank of Washington’s fan base, out of 32 NFL teams, using measures such as game attendance and social media following The next big computing revolution Quantum computing isn’t just sci-fi hype—it could catalyze a technological revolution, spurring innovation in personalized medicine, self-driving cars, better public transit routes, and more. [A sample slide from the quantum computing presentation described above.] ✦ Dive deeper into [the state of quantum computing]( in our latest presentation, [exclusive to Quartz members](. Quartz announcement 🖼 Do you have opinions on Quartz's visual media and style? We'd love to hear them! Take this [five-minute survey]( to tell us what you think and how we can improve. Handpicked Quartz 📈 [Google is outdoing Apple and Tesla with a 20-for-1 stock split]( 💊 [Biogen’s Alzheimer drug Aduhelm proves drug prices are a lie]( 😬 [Why does Tesla keep recalling cars?]( 👤 [There are three types of workers. Which one are you?]( 🏡 [Spain’s new “right to housing” law enshrines rent control nationwide]( 🚗 [In India’s 2022 budget, the EV sector gets a boost but no tax cut for Tesla]( Surprising discoveries Need some juice for your electric vehicle? One day, maybe you can drive through this planned [wireless charging road]( in Michigan. CAR T-cell therapy is working. The treatment has [cured certain blood cancers](. Watch out for fake covid-19 test sites. As if we needed [one more thing]( to stress about. India is sending one athlete to Beijing. If skier Arif Khan wins a medal, [it’ll be the country’s first]( for the Winter Games. The first puffer jacket was a formal ball gown topper. Or was it a coat for Everest climbers? Find out in the first episode of the [Quartz Obsession podcast’s second season](. 🎧Listen on: [Apple Podcasts]( | [Spotify]( | [Google]( | [Stitcher]( SPREAD THE WORD Over 500k readers and counting. You already know why half a million people read the Daily Brief, so why not spread the word? [Share the Daily Brief today]( and get rewarded. Our best wishes for a productive day. Send any news, comments, tickets to ski in Gulmarg, and coats to wear on the slopes to hi@qz.com. Get the most out of Quartz by [downloading our iOS app]( and [becoming a member](. 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