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Here’s what you need to know
Chase’s “infinite money glitch” isn’t actually infinite at all. In fact, the bank is currently suing those who participated in the TikTok viral check fraud trend.
Boeing wants to raise $19 billion as it faces delivery delays and employees stopped working
Robinhood is moving into politics. Specifically, it allows customers to bet (invest based on derivatives) on the outcome of the presidential election.
Boeing is officially reaching out to the stock market. The company has withdrawn a potential $19 billion equity raise.
The plane maker did not say exactly why it was asking for money. In “Risks Associated with Our Business and Operations,” the company portrayed the ongoing machinists’ strike as an existential threat.
Thanksgiving is becoming a race to the bottom (price) feeder. Target is on track to surpass Walmart and Aldi to become the grocery store of choice for budget-conscious people this holiday season.
Nation’s McFlurry machines allow for faster repairs
A common joke among McDonald’s fans and critics is that the fast food chain’s McFlurry machines always break. But the court’s ruling may make it easier to get the machines back online. Seriously.
The U.S. Copyright Office has issued a key exemption to the Digital Millennium Copyright Act that gives McDonald’s stores the “right to repair” McFlurry machines. Previously, they were frozen from the process by digital “locks” designed to protect manufacturers’ intellectual property.
Will the jailbreak of such a critical candy infrastructure lead to a dessert renaissance? Quartz’s Francisco Velazquez explains what the ruling means for America’s sweet tooth.
The AI industry is hungry for success
Just like plants and animals, humans drink water. But so are computers, especially those that run artificial intelligence training models. To make matters worse, much of the water used to keep data centers from melting down during intense computing is saturated with excess water, according to a report from JPMorgan Chase and the ERM Sustainability Institute. It means it’s coming from a certain place.
A medium-sized data center uses the same amount of water each year as a town of up to 50,000 people. Last year, all data centers in America used a total of 75 billion gallons of data. And one-fifth of that amount was from so-called “stressed” basins.
Quartz’s Britney Nguyen explains how the AI industry is permanently depleted and can human customers coexist with it.
Quartz details
❌ There is now an official government definition of a “cancelled flight.”
🥪 Class action lawsuit alleges Subway skimped on meat in sandwiches
🧠 AbbVie acquires Alzheimer’s drug for more than $1 billion
✂️ Elon Musk says he can cut nearly a third of the federal budget by “at least” $2 trillion
✈️ American Airlines flies longest distance in history
🚙 Volkswagen plans shutter factory, lays off thousands of workers
amazing discovery
NFL teams run at least 80,000 Smucker’s Uncrustables a year. And that’s just a few of the teams willing to reveal their consumption of the league’s favorite snacks. (paywall)
There’s an 81-year-old man who loses $70,000 a year due to his “biohacking” habits. Investors and real estate developers are trying to reverse the aging process.
Medium’s CEO says AI content has increased 10x since the beginning of the year. This is also where cash-grabbing so-called “slop” content is proliferating. (paywall)
Today, more teenage girls than boys are using marijuana. Both groups reported much lower usage in 2021 than in 2011.
At least 2,500 people have applied to take part in a Timothée Chalamet lookalike contest in New York City. In a surprising twist, one of the participants in the raucous event turned out to be Chalamet himself. (paywall)
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I wish you a safe start to your day. Send news, comments, existential threats, Uncrustable coupons, etc. to talk@qz.com. Today’s Daily Brief is brought to you by Melvin Bachman and Kevin Ryan.
