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Americans watch more streaming content than cable TV for the first time — Quartz Daily Brief — Quartz

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Americans watched more streaming content than first-time cable TV. The July data marks a crowning achievement for streaming platforms, with Netflix claiming the top spot.

A judge has ruled that Starbucks should reinstate seven baristas from Memphis. The staff members were fired after speaking to the media about their organizing efforts. Meanwhile, the coffee chain has decided to eliminate its role as COO.

A Trump Organization executive has pleaded guilty to tax evasion. Former CFO Allen Weisselberg will testify as a prosecution witness at the October trial.

Google employees demanded the right to abortion. More than 650 employees have called on Alphabet to guarantee abortion benefits to contractors, stop supporting politicians who support forced births, and more.

Take abandoned shots for a selfie taking drone. The social media company’s poor stock performance likely dampened its material ambitions.

The Big Ten conference has signed a record television rights deal. The American college sports league is expected to earn at least $1 billion over the next seven years under a deal that includes both broadcast channels and streaming platforms.

The White House has reached an agreement to accelerate local production of monkeypox vaccines. The shot’s sole manufacturer, Bavarian Nordic, has agreed to partner with an American pharmaceutical company.

To monitor

Hong Kong Exchanges and Clearing (HKEX), the city’s exchange operator, reported disappointing second-quarter results this week, with profits down 27% year-on-year as IPOs and trading slowed.

But this is not necessarily catastrophic. For one, HKEX currently has 189 active applications in its IPO pipeline. And the pipeline may well get busier if more Chinese companies exit US stock markets.

Last week, five Chinese state-owned companies announced they would voluntarily withdraw from the New York Stock Exchange over disagreements with US regulators’ auditing standards. Other Chinese delistings could follow, possibly including a number of state-owned airlines. Although these companies are already listed in Hong Kong, their delisting from the United States could increase the trading volumes of their shares on HKEX.

Covid has distorted the way we hear

Before the pandemic, if you heard someone at a nearby cafe table talking about “price cuts,” you probably would have understood what they were saying. But now you would probably hear something completely different.

Scientists recently recorded 28 words, but obscured parts of them with a “cough” or other sound a person would hear in a busy environment. About 900 people listened to the recordings and were tested on what they heard. What the researchers found was striking: there are drastic and long-lasting cognitive effects in how our brains understand words as a result of the pandemic.

Here are some of the word confusions recorded by scientists.

Task ➡️ mask
Essay ➡️ tempting
Broken prices ➡️ containment price
Injection infection ➡️

The new US climate law has a gas leak

Under the Inflation Reduction Act, the United States will impose its first tax on a greenhouse gas emission. The gas is methane, with a royalty of $900 per metric ton taking effect in 2024.

There’s just one problem: the charge won’t apply to most of the country’s methane emissions. Quartz reporter Tim McDonnell explains how the sneaky and dangerous cousin of carbon dioxide will always find its way into the air (hint: it’s all about farting and burping cows).

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Surprising discoveries

A megalodon shark could devour a killer whale in just five bites. A 3D model of the extinct predator has revealed that its size, reach and appetite are greater than previously thought.

A 500 million year old fossil with a mouth but no anus has no relation to humans. Scientists have now concluded that the ancient animal is more of an ancestor of spiders and insects.

A Chinese city has ordered fish to be tested for covid. Fishermen and their bounty, apparently, have to make sure they don’t catch the virus.

Cutting-edge influencers can now broadcast live from Mount Kilimanjaro. Africa’s highest mountain boasts high-speed internet coverage.

Valuable Galileo manuscript turned out to be fake. Elements of the University of Michigan document aroused the “spider-sense” of a well-known forgery.

Our best wishes for a productive day. Send news, comments, aimless fossils and mountain wifi passwords to [email protected] Reader support makes Quartz accessible to everyone – become a member. Today’s Daily Brief is brought to you by Susan Howson, Mary Hui, Sofia Lotto Persio and Morgan Haefner.