In Today’s Edition

• Using the Oceans to Help Capture Carbon

• Netflix inks deal with Reliance’s Jio to expand India presence

• Walmart and Target face similar problems — but only one is thriving

• iPhone 15 rumored to support faster charging speeds with up to 35W

• Why Does Email Development Have to Suck?

• Mice sleep 6 hours less via brain cell tweak, feel alert next day

🚀Startups Nuts

Using the Oceans to Help Capture Carbon

Equatic is a company that aims to remove carbon dioxide from the atmosphere by sucking it out of the seas. The oceans absorb a quarter of global CO2 emissions - removing the gas from the oceans would make room for them to soak up more. Equatic aims to have a 10-tonne-per-day CO2 removal unit running in Singapore by 2025 and remove millions of tonnes of CO2 annually by 2028. It says that it will cost around $100 per tonne of carbon removed from the oceans.

Netflix inks deal with Reliance’s Jio to expand India presence

Netflix has partnered with India's largest telecom operator, Jio Platforms, to offer its streaming service on prepaid plans. This is the first time Netflix has partnered with a telecom operator in India. The partnership allows access to Netflix's mobile-only plan with Jio's 1,099 Indian rupees plan and Netflix Basic with Jio's 1,499 Indian rupees plan.

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🏭Business Nuts

A Rare Look Into the Finances of Elon Musk’s Secretive SpaceX

SpaceX made a small profit in the first three months this year after making losses for two years in a row. It generated $55 million in profit on $1.5 billion in revenue in the first quarter of 2023. The company was valued at roughly $150 billion during a recent employee stock sale. It is privately owned and keeps most details about its finances under wraps.

Walmart and Target face similar problems — but only one is thriving

Target and Walmart posted sharply divergent fiscal second-quarter results and offered starkly different outlooks for the months ahead. Walmart’s online sales in the U.S. rose in the three-month period, while Target’s fell. The contrasting results illustrate some of the companies’ fundamental differences, but also capture how some retailers are having more success than others.

📱Tech Nuts

iPhone 15 rumored to support faster charging speeds with up to 35W

The iPhone 15 will have USB-C and faster charging speeds. The new models will be able to be recharged with up to 35W. They will be able to take full advantage of the 35W Dual USB-C chargers Apple introduced last year. It is unclear whether 35W charging will be available for only the iPhone 15 Pro models or whether it will work for the entire lineup. Some reports say that the faster charging speed will only be supported on certified cables. The new iPhones may support Thunderbolt through the USB-C port.

Why Does Email Development Have to Suck?

Email development is often messy and tough to make sense of. This article explains why this is and gives some useful advice on how to make it easier. Emails are essentially just HTML documents, except they are visualized in an email client. While both browsers and email clients are capable of rendering, web standards for email clients are less developed. This means that some of the most terrible practices in web development are actually the best practices in email development.

🔥Newsletter Spotlight

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🎁Miscellaneous

Mice sleep 6 hours less via brain cell tweak, feel alert next day

Researchers have discovered that activating astrocyte cells in mice can cause them to stay awake for six hours longer than usual with no noticeable sleep debt. Astrocytes are star-shaped brain cells that were thought for many years to be little more than a kind of biological glue holding the brain together. The cells actually play a role in sleep, regulating the sense of time, mediating exercise's effects on the brain, and controlling inflammation in the brain. The new findings could lead to techniques for boosting the productivity, safety, and health of people who keep unusual hours.

💡What else are we reading and seeing?

• Spotify reportedly has a $38 million white noise problem

• The pre-pandemic economy might never come back

• Wall Street is hiking forecasts for economic growth

• Intel, Tower scrap $5.4B deal after failing to gain regulator approval

• Accelerating US economy sideswipes

• Companies put AI to work outside the cloud

• Leadership is only half the equation

• How to be more organized using the action method

😎Fun Fact

Honey never spoils; archaeologists have found pots of honey in ancient Egyptian tombs that are still perfectly edible

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