Sports, Entertainment, & Culture
> The 78th Cannes Film Festival kicks off today in France; see preview of the most anticipated films (More) | Limited series Madonna biopic in development at Netflix (More)
> "The Office" spinoff "The Paper" sets September premiere at Peacock (More) | "Wicked" stars Cynthia Erivo and Ariana Grande to perform live at a special in November ahead of release of the film's sequel (More)
> The Dallas Mavericks win NBA Draft Lottery for first time, will get top pick in 2025 draft (More) | NBA legend Michael Jordan tapped as special contributor for NBC's NBA coverage starting this fall (More)
Science & Technology
> Weight loss drug Zepbound outperforms rival Wegovy in first head-to-head clinical trial, with Zepbound averaging about 20% drop in weight over 72 weeks compared to just under 14% with Wegovy (More) | How semaglutides work (More)
> Saudi Arabia launches government-backed AI firm Humain to provide a range of data infrastructure capabilities, including Arabic-based large language models; company to be funded from country's $925B Public Investment Fund (More)
> The parasite E. histolytica kills human cells, wearing their components on its outer membrane to avoid detection by the immune system; amoeba is responsible for 50 million infections and about 70,000 deaths per year (More)
Business & Markets
> Perplexity AI reportedly in talks to raise $500M at $14B valuation; AI search engine also plans to release own web browser, Comet, to compete with Google Chrome and Apple’s Safari (More) | Online education firm Chegg to lay off 22% of workforce as students turn to AI-powered tools for assistance (More)
> Treasury Department reports the US collected record $16.3B in customs duties in April, above $8.7B collected during March and more than double the $7.1B a year ago; comes after the US imposed 10% global tariffs on imports last month (More)
> Bitcoin mining company backed by Eric Trump and Donald Trump Jr. set to go public on Nasdaq through all-stock merger with Gryphon Digital Mining (More) | Coinbase shares rise in after-hours trading as crypto exchange set to join S&P 500, replacing Discover Financial (More)
Politics & World Affairs
> Nearly 60 white South Africans arrive at Virginia's Dulles International Airport on a private charter plane; group is the first to arrive in the US following federal directive to fast-track Afrikaners' refugee claims (More) | Who are the Afrikaners? (More)
> President Donald Trump signs executive order directing pharmaceutical companies to lower drug costs to prices in other high-income countries; companies have one month to comply with the order or risk incurring steep limits on earnings (More)
> Hamas releases American-Israeli hostage Edan Alexander, believed to be the last living US hostage in Gaza; release comes as Hamas pursues ceasefire deal with Israel, including resumption of humanitarian aid (More) | See latest updates (More)
SOURCE: 1440 NEWS
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