Good morning. It's Wednesday, Oct. 30, and we have some big news—tomorrow, we’re launching our second-ever newsletter, focused on deep dives into business and finance. Sign up here to get on the list!
But first, today we're covering the new head of an Iran-backed militant group, discovery of an ancient city, and much more.
As always, send us feedback at hello@join1440.com.
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Hezbollah has appointed cleric Naim Kassem as its new leader following the death of Hassan Nasrallah, who was killed in an Israeli airstrike near the Lebanese capital, Beirut, last month.
The 71-year-old Kassem is considered one of Hezbollah's founding members and served as the group's deputy for 33 years, initially under Nasrallah’s predecessor, Abbas al-Musawi, who was killed in 1992. Hezbollah and Israel have been trading fire since the start of the latest Israel-Hamas war in Gaza after Hamas' Oct. 7, 2023, cross-border attack. Both Hezbollah and Hamas are backed by Iran and are designated terrorist organizations by the US. See an overview of Hezbollah here and Hamas here.
Across Gaza, at least 115 people were killed from Israeli airstrikes yesterday, with most of the deaths attributed to a hit on a five-story residential building in the north, according to the Hamas-run Health Ministry. The attack came a day after Israel's parliament banned the UN's Palestinian refugee agency, known as UNRWA, from operating within Israel.
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Belgium's Largest Drug Trial
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A Belgian court sentenced more than 120 people convicted of drug-related crimes yesterday in the largest drug trial in the country's history. Sentence lengths ranged from one to 17 years for dozens of defendants hailing from Albania, North Africa, Belgium, and Colombia in a globe-spanning drug trafficking operation.
The case, which began in December, relied on evidence collected after police successfully infiltrated and surveilled the Sky ECC and Encro encrypted phone networks in 2020 and 2021. Such networks consisted of tens of thousands of individuals using modified phones designed for total anonymity, including disabling cameras, microphones, and GPS and using a concealed operating system. The multinational and novel nature of the infiltration, which collected huge swaths of data from entire networks, has prompted complex legal questions and led to more than 6,500 arrests.
The ruling comes as Europe continues to grapple with sprawling criminal drug networks. Belgium's major port of Antwerp seizes more than 100 tons of cocaine annually.
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Archaeologists have discovered a Maya city beneath the jungle canopy in Campeche, Mexico, according to a study released yesterday. The ancient site, dubbed Valeriana by the team, contains more than 6,600 structures, including pyramids and ball courts. It is believed to be one of the largest Maya sites in Latin America.
The city, which may have housed up to 50,000 people during the Classic Maya period (years 250 to 900), features two major centers about 1.2 miles apart, linked by causeways. Researchers suggest Valeriana was likely an important political or economic center in the region due to its layout and construction.
Archaeologists discovered the city by analyzing preexisting lidar data—a technique in which variations in surface height are measured using airborne laser mapping. The site was found when a researcher stumbled upon the data, originally gathered for ecological and forestry studies, online. Learn more about other discoveries enabled by lidar here.
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In partnership with Mode Mobile
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The $1T Opportunity In the Palm of Your Hand.
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How much time have you spent on your phone this week? It’s OK, there’s no need to fear judgment. That’s because Mode Mobile’s turned it from a guilty secret to an income generator—and it’s an interesting opportunity for investors.
Mode lets users monetize the 40 hours/week we spend on our smartphones. That’s why they saw 32,481% revenue growth from 2019 to 2022, the #1 ranked software company on Deloitte’s most recent fastest-growing companies list. Mode’s flagship product EarnPhone has already helped consumers earn and save $325M+ through simple, everyday use, and it’s now available at Walmart, Best Buy, Target, & Amazon.
Now they’re offering pre-IPO1 shares with up to 100% bonus stock2 to celebrate their continued growth in this $1T market opportunity. Claim $MODE’s exclusive bonus while you can!3
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Sports, Entertainment, & Culture
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> New York Yankees top Los Angeles Dodgers 11-4 in Game 4 to avoid World Series sweep; Game 5 is set for tonight (8 pm ET, Fox) (More)
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> Teri Garr, Oscar- and BAFTA-nominated actress best known for starring roles in "Tootsie" and "Young Frankenstein," dies at age 79 (More)
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> "Anora" leads 2024 Gotham Awards nominations for independent films with four nods (More) | Netflix and Universal renew animated movie licensing deal, will add live-action films to Netflix's offering beginning in 2027 (More)
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In partnership with NativePath
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> LinkedIn launches Hiring Assistant, an AI-powered agent built to take on a number of tasks involved in employee recruitment (More)
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> Ocean scientists observe the largest predation event on record; millions of capelin—small anchovy-like fish—formed a mileslong group while being fed on by cod (More)
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> Astronomers discover one of the fastest spinning stars to date; located in the Sagittarius constellation near the center of the Milky Way, the neutron star rotates more than 700 times per second (More) | What are neutron stars? (More)
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> US stock markets close mixed (S&P 500 +0.2%, Dow -0.4%, Nasdaq +0.8%) with Nasdaq closing at record high (More)
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> Alphabet earnings beat expectations, fueled by cloud business; shares rise 6% in after-hours trading (More) | Snap shares rise 10% in after-hours trading after beating earnings expectations (More) | Starbucks warns remote corporate employees to return to office at least three days per week or face getting fired (More)
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> Zhang Yiming, founder of TikTok-owner ByteDance, ranked China's richest person, worth $49.3B, in country's annual Hurun Rich List (More) | Number of dollar billionaires falls by one-third in China as country's stock market and economy slow (More)
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> Jailed man who attacked husband of former House Speaker Nancy Pelosi (D, CA-11) sentenced to life in prison without parole on state charges of kidnapping, burglary, and false imprisonment (More)
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> UK teenager accused of killing three girls at Taylor Swift-themed dance class in July owned al-Qaida terror manual, produced deadly poison ricin, per police (More)
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> UN mission finds UAE-backed Rapid Support Forces in Sudan committed widespread acts of sexual violence amid civil war; the 80-page report includes interviews with victims and family members (More)
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In partnership with Mode Mobile
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First Disruption To Smartphones In 15 Years?
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Dear Readers—
Tomorrow, we're launching our second-ever newsletter focused on deep dives into business and finance. The first one covers venture capital, including
> Where the money comes from to begin with
> Recent trends in the industry
> The world's top cities for venture capital
> Its similarities to the 18th-century whaling industry
... and much more. A new topic comes out every Thursday—sign up here to get it in your inbox!
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*Disclosure: 1 Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
2 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.
3 Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
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