Monday 26 March 2018

Amazon’s French connection, Apple woos schools, US army comics

Good morning, Quartz readers!

What to watch for today

Apple's big education pitch. The tech giant is holding an event in Chicago as it vies with Google Chromebooks for control of the pivotal schools market. Recent rumblings suggest a new low-end laptop or tablet could be introduced, and perhaps even a new wearable.

Twitter begins a ban on cryptocurrency advertising. It will prohibit ads for digital token sales, crypto-wallets, and initial coin offerings. With some exceptions, crypto exchanges will also be banned from advertising. The move follows similar ones by Facebook and Google.

ArcelorMittal goes to court in India. The world's largest steel manufacturer, based in Luxembourg, is appealing the rejection of its bid for India's Essar Steel, which was forced into insolvency proceedings last August. It's trying to sidestep ineligibility criteria for bidders recently added to the nation's insolvency and bankruptcy code.

A reading on US consumer confidence. Last month the Conference Board's widely followed measurement hit its highest level since 2000 (paywall), well above what analysts had anticipated. With the unemployment rate low, another increase is expected this month.

Many businesses struggle to innovate. In our webinar, we'll look at three companies that have successfully innovated, including supermarket chain Waitrose and insurance company AVIVA. Sign up here for the webinar on 5 April at 12pm GMT.

While you were sleeping

Deutsche Bank is looking to replace its CEO. Germany's largest bank has approached Richard Gnodde, a senior executive of Goldman Sachs, and others to take the place of John Cryan, according to the Times of London. The struggling bank's sustained slide has contributed to hundreds of job cuts, and more are expected.

Amazon announced a partner for grocery delivery in France. It settled on Monoprix, one of France's largest grocery store chains, which will start selling goods through the Amazon Prime Now service this year. As with Amazon's acquisition of Whole Foods last year in the US, the move will reverberate through the country's food retail industry.

Australia joined others in booting out Russia diplomats. Prime minister Malcolm Turnbull said his government would expel two of them in response to a nerve agent attack on a former Russian spy in Britain. The US expelled 60 diplomats yesterday, and European governments have made similar moves.

Nobuhisa Sagawa testified in Japan's parliament. The former tax agency chief said under oath that prime minister Shinzo Abe's office wasn't involved in falsifying documents at the heart of a scandal consuming Japan. The paperwork relates to the sale of state-owned land at a steep discount to an ultraconservative school operator with ties to Abe's wife Akie.

Facebook shares went on a rollercoaster ride. The tech giant fell more than 5%, representing $90 billion in market value, after the US Federal Trade Commission confirmed that it was investigating the company's privacy practices. But then the stock zoomed back into positive territory, buoyed by the broader market.

Arizona put the brakes on Uber's autonomous-vehicle testing. The move followed a fatal crash in Tempe last week in which a self-driving car struck a woman crossing a street. In a letter to Uber CEO Dara Khosrowshahi, governor Doug Ducey said that video footage of the accident raised concerns about the company's ability to test its technology safely.

Quartz obsession interlude

Echo Huang on China's falling space lab. "China's first space lab Tiangong-1 is coming back to Earth soon, in pieces. Its re-entry, expected in a matter of days, has been highly anticipated. Launched from the windswept Gobi desert in 2011, the lab represented China's determination to catch up to—and one day outpace—global powers on every playing field." Read more here.

Matters of debate

The globalization backlash is a decade too late. New tariffs are punishing developing economies, just as their consumers have become rich enough to spend (paywall).

Killing all the sharks would be a terrible idea. Donald Trump's fears aside, removing apex predators can destroy complex ecosystems.

T-shirts and sneakers are the future of high fashion. Louis Vuitton is making that bet with its new menswear designer, best known for streetwear and collaborating with Kanye West.

Surprising discoveries

Anglerfish sex is a nightmare for the male. He ends up fused to his mate for life (paywall) as his body is slowly subsumed into the female's.

The US army is making sci-fi comic books. They're designed to educate troops about the dangers of cyberwarfare.

Amazon has a patent for drones that can detect screaming. The unmanned package delivery helicopters can also detect gestures (paywall), including arms flailing in an "unwelcoming manner."

You can use a Hooters in Tokyo as your office. Better known for chicken wings and skintight outfits, the restaurant chain is getting into the coworking-space game.

Dogs like being talked to like babies. Researchers tested "dog talk" and "dog words," and found that everything else registers as random noise.

Our best wishes for a productive day. Please send any news, comments, luxury sneakers, and perceptive drones to hi@qz.com. You can follow us on Twitter for updates throughout the day or download our apps for iPhone and Android. Today's Daily Brief was written by Steve Mollman and edited by Isabella Steger.

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