Welcome to the 39th edition of The Daily Zap — A Daily Newspaper (Kind of 🙏). Here, you'll get links to all of the latest news and updates mostly from the last 24 hours, divided in Sections (much similar to pages on a newspaper).
Let's unfold!
~Bitcoin News of the Day
- According to BitcoinTreasuries, Tesla holds the fourth-largest stash of Bitcoin among U.S. public companies. Only MicroStrategy and crypto mining giants like MARA Holdings and Riot Platforms hold more. Tesla’s Bitcoin holdings, though substantial, still make up less than 1% of the company’s total $705 billion market cap. This starkly contrasts with other companies where Bitcoin represents a hefty chunk – sometimes over 25% – of their value.
Global Trade & ~Econ
- Global public debt will exceed $100 trillion by the end of this year unless major economies step up to stabilise borrowing, according to the International Monetary Fund (IMF). The surge in government debt, driven largely by increased spending during the COVID-19 pandemic, continues to climb, with the US and China leading the way.
~Politics_and_Law
- Trump’s comments about Palmer were hardly out of character for him. Down the homestretch, his campaign has more illicit sex and golf references than a John Updike title. Not long before he was verbally ogling Palmer’s sex organ, he was criticizing Harris surrogate and the billionaire Mark Cuban for his “Really low clubhead speed.”
~Stacker_Sports News
- There are a few major storylines to follow this season. The new-look Philadelphia 76ers being the newest quasi-superteam, assuming they can all get on the court together. The continued rise of the Oklahoma City Thunder, fueled by the addition of some high-class role players. The ascension of Anthony Edwards and the Minnesota Timberwolves. The challenge of past champions, the Milwaukee Bucks and Denver Nuggets, to regain momentum with franchise players in their primes. And, of course, LeBron and Bronny James on the Lakers.
~Tech & ~Science
- ABC News’ Rebecca Jarvis visit’s Apple Fantasia Lab, a one-of-its kind audio lab where Apple engineers have spent years working on technology that can turn a set of Airpods into a hearing aid.
~History with Mystery
- In 1867 the United States purchased Alaska from Tsar Alexander II at a price of just two cents an acre. What brought Russia’s American empire to such an ignominious end?
~Entertainment World
- “Smile 2" was the big newcomer, taking first place with a better than expected $23 million, according to studio estimates Sunday. Parker Finn returned to write and direct the sequel to the supernatural horror “Smile,” his debut. Originally intended for streaming, Paramount pivoted and sent the movie to theaters in the fall of 2022. “Smile” became a sleeper hit at the box office, earning some $217 million against a $17 million budget.
Thanks for reading 🙏