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🌎 Yellow's black day

Jul 31, 2023 - qz.com
Coursera CEO Jeff Maggioncalda is re-strategizing in the age of AI, while Yellow, a trucking company with a 99-year history, is shutting down and filing for bankruptcy. Major banks are looking to exclude most stock and bond underwriting activity from their carbon emissions calculations, and Intel is planning to compete with Nvidia in the global AI chip market. Adidas is planning another Yeezy drop, linked to its now-defunct partnership with rapper Ye.

July is on track to be the hottest month ever recorded, according to Quartz's Ananya Bhattacharya. Meta CEO Mark Zuckerberg has expressed disappointment over the lack of user retention on the social media app Threads. Steve Wynn, founder of Wynn Resorts, has paid a $10 million fine to settle a 2019 sexual misconduct case and has been banned from Nevada’s gambling industry. The article also highlights several surprising discoveries, including the increasing length of America's Appalachian Trail and the revival of worms from the Siberian permafrost.

Key takeaways:

  • Yellow's 99-year history has ended with the company filing for bankruptcy.
  • Major banks are attempting to exclude most stock and bond underwriting activity from their carbon emissions calculations.
  • Intel is planning to compete with Nvidia in the global AI chip market.
  • July is on track to be the hottest month ever recorded.
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