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🌎 Twitter faces the music

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Thu, Jun 15, 2023 10:11 AM

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Plus: Why the Fed hit skip Was this newsletter forwarded to you? June 15, 2023 Sponsored By Photo: R

Plus: Why the Fed hit skip Was this newsletter forwarded to you? [Sign up here](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/_cKrYNo8z0kqOgcQhEeuHWn7DMjnM6Sfa0Tetm7McxQ=305) [Quartz](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850542280%2Ftwitter-faces-the-music%2F/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/xXs8fm64SqFO_NmvkqL6MaNzg0uRY5zRJvVojad1YdE=305) June 15, 2023 [View in browser](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850542280%2Ftwitter-faces-the-music%2F/2/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/kSccMYn04l9ESJF0JQ-LRX7SXJfbXGiKnND3ql5GPUw=305) Sponsored By [Twitter owner Elon Musk ](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850542280%2Ftwitter-faces-the-music%2F/3/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/2W9zzrMxD93hBG_r_50N2DUyKQyp5HT9nKJmclKRA0o=305) Photo: Reuters (Ludovic Marin/Pool via REUTERS) Good morning, Quartz readers! Here’s what you need to know Music publishers are suing Twitter over copyright infringement. They seek [$250 million in damages](%2F%2Fqz.com%2Ftwitter-music-copyright-lawsuit-elon-musk-1700-songs-1850542286%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/xxngq-xEFhMEDDEdo08_2TbcDkJTZwoCgWQReEzK0Vw=305) from violations affecting 1,700 songs. Google is making money from ads for fake abortion clinics. The search engine giant minted [more than $10 million](%2F%2Fqz.com%2Fgoogle-ads-fake-abortion-clinics-1850542334%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280%26rev=1686823564954/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/C8PoBjEepbojTXejnEYV7f3JXkH4WqH3zz18kg84IU0=305) from ads seeking to mislead people looking to get an abortion. Apple is standing in the way of Jack Dorsey’s new messaging app. Damus says Apple [could remove it from the App Store](%2F%2Fqz.com%2Fdamus-jack-dorsey-twitter-app-store-decentralized-1850537755%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/26AAHqQeX7rpDWM17_E6-yQwvcdUw9kL78-3hOXEtcY=305) within 14 days because an in-app payment feature violates Apple’s terms and conditions. The US Federal Reserve hit “skip.” No rate hikes were implemented this month, but that [doesn’t mean they’re over](%2F%2Fqz.com%2Fthe-fed-didn-t-hike-but-signaled-its-not-done-yet-1850539863%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/NJaVFJxNPYUGBD4pEBFrjAb4doCgUDI32WIFQ_LOE3k=305)—in fact, that’s [why it’s called a skip](%2F%2Fqz.com%2Fwhat-does-it-mean-when-the-federal-reserve-skips-inst-1850538342%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/2yClUfk1QQnrvlYs2t6SIbR3N88Xitb79GM8GzqGZu8=305). Paris is trying to get its Olympics LVMH-branded. But if a partnership happens, [it might not involve some of the brands](%2F%2Fqz.com%2Fparis-is-trying-to-get-its-olympics-lvmh-branded-1850538949%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/owHnqtXPuKec6AF4B1KWO3MsNUk7mH9pD0wr7Z2z6Kg=305) in the French luxury goods company’s portfolio. Sponsor content by Workhuman [Workhuman]( Is a more inclusive company culture in your sights?In this new interactive report on The Root, new research from HR software pioneer Workhuman reveals the 5 powerful questions leaders need to be asking in order for inclusivity initiatives to work wonders. [advertisement][advertisement][advertisement] [See for yourself.]( In India, stocks of a 77-year-old tire company are higher than Google’s Maybe MRF is a new name to you, but it just became the first stock on India’s exchanges to hit a record 100,000 Indian rupees ($1,220), eclipsing some of the world’s biggest brands. %2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850542280%2Ftwitter-faces-the-music%2F/4/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/vNh8ybz1HDe0AW1c4BqR71ZiuSkpa41GUgLTXdTOzig=305 Graphic: (Mimansa Verma) MRF started as a small toy balloon manufacturing unit in 1946, and has since grown into a prominent tire maker with more expensive stock than Google, Apple, Amazon, and even the global tire giant Goodyear. [We looked into why](%2F%2Fqz.com%2Fmrfs-stock-has-crossed-the-1-200-mark-in-india-1850537603%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/-n9Jp56vivQr3DWiFIcP6qqGa0JhEInwpwFE27vcwa4=305). Samsung will try a four-day work week—once a month 1,910: Annual hours worked by a South Korean worker on average in 2021, ranking them among the world’s most overworked. Pressured by its labor union, Samsung is letting its workers take off one Friday each month. It’s the latest move the tech giant has taken to loosen its military-style corporate culture, [and it’s not the first South Korean company](%2F%2Fqz.com%2Fsouth-koreas-largest-company-is-letting-workers-take-on-1850537863%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/h--oM7B7hkHd2NuslTUoTSI4cakwt4ywfGD2qv3TvfQ=305) to try out the setup. But as interest explodes, can the four-day work week [live up to its hype?](%2F%2Fqz.com%2Finterest-in-the-four-day-week-has-exploded-but-does-it-1849397414%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/GPLaNZtompcAbHt1_QUvmL81fJ27MnOfnVPF9oqH3DQ=305) The Russian Davos may be the world’s least attended event To gauge Russia’s standing in the international business community, look no further than the 26th edition of the St. Petersburg International Economic Forum. Attendance at the Kremlin’s flagship finance summit, which kicked off yesterday, already plummeted in 2022, after Russia invaded Ukraine. It’s looking even sparser this year. International leaders have snubbed Vladimir Putin’s invites, and others have outright boycotted the event. Read about what to expect—[and who you won’t see](%2F%2Fqz.com%2Fthe-russian-davos-is-possibly-the-worlds-least-sought-a-1850537795%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/oQOgts9xIf7nVITgL3ck5OS9RGA2C8GpPxanspUZGh4=305)—at this year’s SPIEF. Quartz most popular ☕ [Starbucks was ordered to pay $25 million to an ex-manager who claimed she was fired for being white](%2F%2Fqz.com%2Fstarbucks-was-ordered-to-pay-25-million-to-an-ex-manag-1850537751%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/idpeRELtf5uxOv0vSfKb3GOByMK5iI5JsFuckGGtagk=305) 👗 [Google will use generative AI to let you virtually try on clothes](%2F%2Fqz.com%2Fgoogle-generative-ai-virtual-clothing-try-on-1850535857%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/AApHGGvNHD6NrkLfBeICvIB0brvhtSpfmAzjx5TtlKk=305) 🔍 [What Twitter’s new CEO was really saying in her memo to staff](%2F%2Fqz.com%2Fwhat-twitter-s-new-ceo-was-really-saying-in-her-memo-to-1850533779%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/wnq4bvDykbBBzCeQY4oQvAaBFPgH0oNPvd0Ei6bhBFY=305) 🚘 [Nasdaq is officially dropping Rivian for an auto industry chip maker](%2F%2Fqz.com%2Fnasdaq-is-officially-dropping-rivian-for-an-auto-indust-1850537619%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/yR2wXxv1ZHEfHkxHzD_IfvoJNcCRLvvOIVqMZIShbxM=305) 🔮 [The Fed now predicts a soft landing and no recession](%2F%2Fqz.com%2Ffed-predicts-no-recession-june-forecast-1850540067%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/6gub1bQjgPz75fmFGElJnP_Z1OHr6nv0oFIV9PjixLw=305) 👟 [This is what actually happens to the most common things you throw away](%2F%2Fqz.com%2Fthis-is-what-actually-happens-to-the-most-common-things-1850528538%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/d7KCnBnWqk_5yKmbIV_5wZlhJbWqAxmRj4zuJTQ0VCw=305) Surprising discoveries The US has a new best-selling beer. It overtook Bud Light, it’s a supporter of LGBTQ rights, and [it wasn’t even among the top 10 best sellers](%2F%2Fqz.com%2Famericas-new-best-selling-beer-is-also-an-lgbtq-champio-1850538568%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850542280/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/nb2LaAs32A7yVvevqBTzOcaARfo2aj0YjLiw8Dvp4oY=305) a decade ago. Hire Goldman Sachs’ CEO for your next party. David Solomon’s side gig as a DJ is [spinning up some controversy](%2F%2Fwww.wsj.com%2Farticles%2Fgoldman-sachs-ceo-david-solomon-dj-bonuses-1a47dbf5/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/j89KkIkW-F0ueeV8HKZ__XsFN24-eWrENeTqEH9pv6k=305) among bank leaders. Monday really is the worst day for heart attacks. The start of the work week isn’t entirely to blame, but [it’s not not to blame](%2F%2Fwww.sciencealert.com%2Fscientists-confirm-the-worst-day-of-the-week-for-severe-heart-attacks/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/DNjWetayYdkpbcx-uc6q0PqyosN7lqbnQ-c9-tgYDlM=305). The US approved the first over-the-counter gel for erectile dysfunction. The gel treatment [has been found](%2F%2Fgizmodo.com%2Ffutura-dermasys-gel-for-erectile-dysfunction-1850539159/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/gN09VWP2AxurrHIfzqwNbXzib6sTU5r2R0SSGdHctuQ=305) to work similarly to prescription pills. A black bear was hanging out in the waves at a Florida beach. Look, [everyone needs a vacation](%2F%2Fwww.fox35orlando.com%2Fnews%2Fshocking-video-black-bear-baffles-beachgoers-at-florida-beach/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/c17c2dkKv_ePyILkseiY9uMtYD9N4RSdrozbf3zafPM=305), especially when the water’s just right. Our best wishes for a productive day. Send any news, comments, a Modelo, and a Solomon single to talk@qz.com. Reader support makes Quartz available to all—[become a member](%2F%2Fqz.com%2Fsubscribe%2F/1/01000188be89c309-41b67862-af96-4785-8190-d65567e5dc1b-000000/amzd5UF7I_rs51TTbfU2nTYG0ALh0Ym73pJKfNumamc=305). Today’s Daily Brief was brought to you by Morgan Haefner and Sofia Lotto Persio. 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