Know Now
Top Take-Aways
With his VP selection committee in place, Joe Biden has begun the process of vetting prospectsWho’s being considered so far.

Amazon has decided to reschedule its annual Prime Day sales extravaganza to September. Prime Day has been held in July since the company introduced it in 2015.

Actor Lori Loughlin and her fashion designer husband Mossimo Giannulli have agreed to plead guilty to charges of conspiracy and fraud for paying $500,000 for daughter’s admission to the University of Southern California. MOREU.C. system will drop SAT, ACT requirement for admissions.

How this billionaire-backed crypto startup gets paid not to mine Bitcoin: “I can’t think of something more irrational at this point.”

Peloton is looking to release a less-expensive exercise bike after sales jumped over the past few months amid a boom in at-home exercise with people confined to their homes due to the coronavirus pandemic.

With most live sports suspended, online gamblers have turned to different contests like Russian table tennis and Korean baseball, while also betting on everything from video games and reality television shows to political news and even the weather.

Has NASA found a parallel universe “where time flows backwards?” The truth behind the headlines.

Today’s Must-Read
Naomi Osaka, the 22-year-old tennis ace, has racked up $37 million in earnings in the past year, more than any other woman in history. That includes Serena Williams and Maria Sharapova.

“For many people, Osaka’s introduction to the world was the memorable 2018 U.S. Open final versus Serena Williams, where Serena’s confrontation with the chair umpire overshadowed Naomi’s win,” notes SportsMoney Senior Editor Kurt Badenhausen. But tennis insiders had been buzzing about Osaka for a couple of years about her potential on and off the court.

She checks all the boxes for marketers: young, accomplished and multicultural in a global sport where the fan demographics are off the charts,” says Badenhausen.

Look to IMG, the dominant sports agency in tennis for decades. “They had huge success getting deals for clients like Maria Sharapova, who broke through at a young age; Li Na, who made history at age 29 as the first Asian-born person to win a grand slam;  and Kei Nishikori, who until 2018 was the most accomplished player in the history of the wealthy Japanese market.”

Osaka represents the most marketable aspects of each of them. Read more for the full story.

Caroline Howard Caroline Howard

is the director of editorial operations at Forbes

Across Forbes
Forbes Advisor: Negative interest rates are widely debated and have been implemented in other countries during economic downturn. Here’s how they could affect you.
Has NASA Found A Parallel Universe ‘Where Time Flows Backwards?’ The Truth Behind The Headlines
Has NASA Found A Parallel Universe ‘Where Time Flows Backwards?’ The Truth Behind The Headlines
The web is ablaze with stories about NASA scientists discovering evidence of a parallel universe. Forbes Science Senior Contributor Jamie Carter breaks down what’s really going on.
Read The Full Story
Microsoft's Post-Pandemic Plan From CEO Satya Nadella
Microsoft’s Post-Pandemic Plan From CEO Satya Nadella
With a market capitalization of $1.4 trillion, Microsoft is the most valuable company in the world. CEO Satya Nadella explains its role in a world transformed by Covid-19.