| | Good afternoon, it is Wednesday, July 10, and we're covering Samsung bringing tech's latest fashion to wearable technology with AI twists in new watches and rings, A Former SpaceX worker describes the 'frat boy' culture where colleagues joked about overseeing launches while drunk & much more!! First time reading? Sign up here. | | American Fact of the Day! | On July 10th, 1962, Telstar 1, the world's first active communications satellite, was launched into orbit by NASA. Telstar 1 was a pioneering achievement in telecommunications, enabling the first live television broadcasts and telephone calls across the Atlantic Ocean. This historic event marked a significant milestone in global communications technology, demonstrating the feasibility and potential of satellite technology for international telecommunications. | | Breaking Updates | | Samsung brings tech's latest fashion to wearable technology with AI twists in new watch and ring | Samsung has introduced cutting-edge AI technology into its latest wearable devices, the Galaxy Watch Ultra and Galaxy Ring, priced at $650 and $400 respectively. These devices mark Samsung's strategic move into the niche market of AI-powered wearables designed to enhance health monitoring and management. Following their earlier integration of AI into smartphones, Samsung's expansion into wearable technology underscores a broader trend of embedding AI capabilities into essential consumer electronics. | The Galaxy Watch Ultra and Galaxy Ring prioritize personalized health insights through AI-driven features. They utilize biometric data to generate an "energy score" and offer personalized health recommendations akin to a virtual fitness coach. Most data analysis is conducted locally on the devices to ensure privacy, with some data securely processed in Samsung's data centers. The premium Galaxy Watch Ultra boasts advanced functionalities such as detecting sleep apnea, distinguishing it from the Galaxy Ring, which emphasizes longer battery life lasting up to seven days between charges. | In the competitive smartwatch market, dominated largely by Apple, Samsung aims to leverage its existing user base of over 60 million Samsung Health app users. The global smartwatch market is projected to grow significantly, reaching approximately $29 billion this year, driven by increasing consumer demand for wearable health technology. Meanwhile, Samsung faces a more nascent smart ring market, currently led by startups like Oura and RingConn. Gartner forecasts modest growth in this segment, predicting sales to reach $4.6 billion by 2028, highlighting both opportunities and challenges for Samsung in expanding its wearable technology portfolio. | Read more updates here |
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| Former SpaceX worker describes 'frat boy' culture where colleagues joked about overseeing launches while drunk | A recent Bloomberg report has highlighted allegations regarding the work culture at SpaceX, portraying it as resembling a frat house environment. Former employee Paige Holland-Thielen, involved in a lawsuit against the company for wrongful termination, described colleagues engaging in unprofessional behavior such as using work emails to organize a drinking game called "nug and chug," involving chicken nuggets and alcohol consumption. She also noted instances where employees joked about heavy drinking before returning to oversee rocket launches. | Holland-Thielen expressed feeling like a "babysitter for frat boys" while working at SpaceX, criticizing the prevalent casual sexism she observed. The lawsuit, filed in June, accuses Elon Musk of personally ordering the termination of employees after they voiced concerns about his behavior and the company's workplace environment. It further alleges that female employees were subjected to being treated as "sexual objects," with claims that Musk and other executives were involved in a video at a company holiday party that made light of sexual misconduct. | SpaceX and Musk have not responded to requests for comment from Business Insider regarding these allegations, amidst growing scrutiny of the company's internal practices. The report adds to existing controversies surrounding SpaceX, including previous settlements related to allegations of sexual misconduct against Musk, underscoring broader concerns about workplace culture and corporate governance within the high-profile aerospace firm. | Read more updates here | | | American Sports & Culture |  | Spain's Álvaro Morata injured by security guard after fan runs onto field in win vs. France | A guard slipped and fell into Álvaro Morata's legs while chasing after a fan on the field Tuesday after Spain's semifinals win over France. |
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|  | NBA free agency 2024: Warriors did the best they could after losing Klay Thompson, but was it the right path? | Overall, the Warriors came out of this summer better than most expected. A larger, overarching question remains, however: Where, exactly, are they headed? |
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|  | Rory McIlroy on U.S. Open heartbreak: 'It was a great day until it wasn't' | With time to reflect on his collapse at Pinehurst, McIlroy is ready to challenge again for another major. |
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| American Business & Markets |  | Many people retire in debt. Here's how to manage it. | Mortgage and credit card debt are a cold reality for over a quarter of retirees, according to new research. Here are moves to chip away at that debt. |
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|  | Popular app banned from hosting young teens in a groundbreaking settlement | The Federal Trade Commission and the Los Angeles District Attorney's Office have banned a controversial anonymous messaging app from serving kids under 18, taking an unprecedented and aggressive step against what regulators called "rampant cyberbullying and threats against children and teens" on the platform. |
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|  | Tesla's energy business is growing — and it could be company's next big earnings driver | One area of outsized growth for Tesla beyond its car business could be energy. |
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| | American Politics |  | Young men and women are diverging politically. That could shape the 2024 election. | Democrats are facing the threat of a gender gap that could imperil the traditional advantage among younger voters that the party has enjoyed for decades and that President Joe Biden likely needs to defeat former President Donald Trump. |
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|  | Zelensky says Putin 'awaits November' and calls for immediate aid while in Washington for NATO Summit | Ukrainian President Volodymyr Zelensky on Tuesday urged international leaders to promptly aid his war-torn country and "not to wait for November, or any other month." |
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|  | Bennet becomes first Democratic senator to publicly turn on Biden, warning of a GOP 'landslide' | Sen. Michael Bennet on Tuesday became the first Democratic senator to publicly say he doesn't believe President Joe Biden is capable of winning reelection after his disastrous debate performance last month. |
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