Today’s topics

• Apple's new M4 chip iPad Pro

• Netflix’s 9.3 million new subscribers

• Uber and Instacart are teaming up

• Boy Scouts of America is Scouting America now

• NASA’s black hole visualization

• Clean energy tops 30% of global electricity

  and more…

Stocks climbed higher Thursday, with the Dow Jones marking its seventh straight win, buoyed by hopeful jobless claims data suggesting possible Federal Reserve rate cuts later this year. The Dow soared 331.37 points, up 0.85% - its longest streak since December. The S&P 500 rose 0.51% and the Nasdaq increased by 0.27%.

TikTok sues US government. ByteDance, the company behind TikTok, refuses to comply with a new US law mandating its sale, sparking a legal showdown. ByteDance argues that the ban would stifle free speech and harm small businesses. This sets the stage for a prolonged legal fight, potentially reaching the Supreme Court, where free-speech rights clash with national security concerns.

1 in 24 New Yorkers is a millionaire. According to a recent report by Henley and Partners, New York City has more millionaires than any other city worldwide, surpassing California's Bay Area, London, and other affluent cities. With nearly 350,000 millionaires, approximately one in every 24 New Yorkers is a millionaire. The city is also home to 744 centi-millionaires, valued at least $100 million, and 60 billionaires. The collective wealth of New York City's residents exceeds a staggering $3 trillion.

Netflix added 9 million new subscribers in first quarter. Netflix announces a whopping 9.3 million new subscribers in the first quarter of 2024, surpassing expectations and reinforcing its position as the top streaming service. With a net income of $2.3 billion and revenue hitting $9.3 billion, marking a 15% increase from last year, Netflix's dominance in the entertainment industry is undeniable. The streaming giant now boasts nearly 270 million subscribers globally.

Uber and Instacart join forces. Uber and Instacart are teaming up to take on DoorDash. Soon, Instacart users across the US can order from hundreds of thousands of restaurants using an Uber Eats interface within the Instacart app. Uber's couriers will handle orders, while grocery delivery remains under Instacart. This partnership aims to attract more suburban customers to Uber's doorstep.

Apple Unleashes M4 Chip for iPad Pro

Apple's new M4 chip amplifies the iPad Pro. It's sleek, powerful, and packed with mind-blowing tech. M4, powered by second-gen 3-nanometer tech, is a game-changer. It's an SoC that takes Apple silicon's power efficiency to new heights, making the iPad Pro ultra-slim. Plus, it boasts a brand-new display engine, ensuring the Ultra Retina XDR display dazzles with unmatched precision, color, and brightness.

Apple's iPad Pro ad sparks backlash. A new Apple ad for the iPad Pro is causing a stir, not in a good way. Posted by CEO Tim Cook, the ad showcases a hydraulic press crushing various creative tools before revealing the iPad Pro. While Apple aims to highlight the Pro's power, viewers feel it misses the mark, with many finding it off-putting.

Billionaire's Spacewalk Set for Summer

Billionaire Jared Isaacman gears up for his second SpaceX space trip, aiming for an early summer launch. The mission, named Polaris Dawn, introduces new spacesuits to support a groundbreaking spacewalk. Riding the Crew Dragon Resilience again, Isaacman plans up to three flights before the first crewed SpaceX’s Starship mission. Launching atop a Falcon 9 from Kennedy Space Center marks Isaacman's return after his 2021 Inspiration4 mission.

New NASA black hole visualization. Curious about black holes? Produced on a NASA supercomputer, this immersive experience allows viewers to dive into the event horizon, the point of no return of a black hole.

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World's Biggest Air Vacuum Plant Starts Operation

A giant vacuum-like plant, claimed to be the world's largest, is now active in Iceland. Dubbed "Mammoth," it's the second direct air capture (DAC) facility by Climeworks, ten times larger than its predecessor, Orca. DAC tech sucks in air and extracts carbon using chemicals, which can then be stored underground, recycled, or turned into solid materials.

Renewable energy tops 30% of global electricity. Renewable energy surged past 30% of the world's electricity supply last year, fueled by wind and solar power, a new report reveals. This milestone signifies a potential shift from fossil fuels despite rising electricity demand. Clean energy's growth has already slashed fossil fuel generation growth by nearly two-thirds over the past decade, according to a climate think tank Ember report.

Seven countries achieve 100% renewable electricity. Albania, Bhutan, Nepal, Paraguay, Iceland, Ethiopia, and the Democratic Republic of Congo have surpassed the 99.7%, relying on geothermal, hydro, solar, or wind power. Scientists suggest this signals an "irreversible tipping point," forecasting the phase-out of fossil fuels.

Taylor Swift Outdraws Olympics for US Travelers

Taylor Swift attracts five times more US luxury travelers than the Olympics. The billionaire superstar's four shows at La Défense Arena mark the start of her European "Eras Tour."

New NASA black hole visualization. Curious about black holes? Produced on a NASA supercomputer, this immersive experience allows viewers to dive into the event horizon, the point of no return of a black hole.

NYC-Dublin 'portal' sculpture debuts in Manhattan. A new "Portal" sculpture has landed in NYC's Flatiron neighborhood, offering a live stream connection between the city and Dublin, Ireland.

Boy Scouts of America rebrands. After 114 years, Boy Scouts of America is changing its name to Scouting America, marking a significant shift for the organization amid turmoil and a push for inclusivity. With a history of sexual abuse claims and bankruptcy, the Texas-based group is embracing change and welcoming girls into its ranks.

TikTok of the day: watch here

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