đ Sky isn't the limit

Good morning, Quartz readers!
Hereâs what you need to know
Nvidia powered up as Rivian crashed. The chipmaker exceeded Wall Streetâs sky-high expectations, while the electric truck maker is looking at laying off 10% of its workforce as EV demand hits the brakes.
Microsoft wants Intel to make its chip dreams come true. Microsoft designed its AI chip in-house, but itâd like to use Intelâs technology to put it together.
Ford dodged an autoworker strike at its most profitable plant. Some 9,000 members of the United Auto Workers union in Kentucky had been set to walk off the job on Friday.
The manager of Boeingâs 737 program is out. Ed Clark is leaving the airplane maker after 18 years, and a little over a month after the Alaska Airlines incident.
Apple Sports is just the starting line
Appleâs new sports app, aptly named Apple Sports, is here, and it has stats for games and betting on all those games. Itâs a cool start, though the big bucks are in media rights to games. Good thing that the odds of Apple catching up to rival streaming platforms Amazon and Disney are in the tech giantâs favor, and itâll get there even faster if it owns ESPN outright.
Hereâs a look at the big numbers defining the game.
đ° $56 billion: Global value of sports media rights
đș 160 million: Americans who watch sports at least once a month
đ° 45%: How much sports betting revenue increased in 2023
đ $24 billion: Reported value of ESPN
China wants tighter control of its cameras
Beijing is working to rein in some of the more unruly elements of its mass surveillance system.
Whatâs considered unruly? Well, in just over a year, the southern Chinese city of Foshan issued 620,000 tickets for a small infraction â driving on road line markings â at a single poorly marked expressway intersection, racking up 120 million yuan ($16.7 million) back in 2021. Even the surveillance state thought that was a bit much.
But donât be fooled: Clamping down on these offenses doesnât mean that China will scale back its spying. Rather, itâll tighten its control over its camera network. Quartzâs Mary Hui explains.
More from Quartz
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đȘ Teslaâs board may need ânew bloodâ for Elon Muskâs plan to ditch Delaware
đ Amazon finally made it to the DowâŠ
đ€ ⊠and its old CEO sold even more stock.
Surprising discoveries
JetBlue quietly increased its bag fees. What!
A man in Washington, D.C. thought he won $340 million because of a mistake on the lotteryâs website. Heâs now suing Powerball.
ChatGPT gabbed a lot of nonsense on Tuesday. The bizarre responses seemed to be a bug.
Waiting rooms are still very much in. Visits for Teladoc, which allows doctors to connect with patients virtually, have almost halved since 2020.
More people are in AA than work for Amazon. We took a look at the good, the bad, and the sober (did you know John D. Rockefeller Jr. even plays a role?) of Alcoholics Anonymous for our latest Quartz Obsession. Sign up for the free newsletter.
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Our best wishes for a productive day. Send any news, comments, correct Powerball numbers, and your favorite NA beverage to [email protected]. Todayâs Daily Brief was brought to you by Morgan Haefner.