Twitter Rival Launches With 30 Million Signups

Meta CEO Mark Zuckerberg’s Threads, a new rival to Twitter, launched Wednesday and passed 30 million signups overnight, mainly because Threads is tied to sister platform Instagram. Everyone who signs up brings their Instagram followers with them.

Twitter responded by threatening to sue Meta for poaching former Twitter employees to create a “copycat” application.

Threads is already the biggest competitor Twitter has seen. Analysts have pointed out one downside: To delete your Threads account, you also have to delete your entire Instagram account.

No Answers on White House Cocaine

The mystery of who left cocaine at the White House deepened Thursday, with the Secret Service saying the baggie was discovered at a West Wing entrance, not in a lobby area as previously reported.

Biden administration officials fended off all questions, with one staffer drawing derision for claiming discussion was banned by the Hatch Act, which prohibits government officials from conducting certain kinds of political business.

The Secret Service is still awaiting results from forensic tests and reviewing visitor logs and security camera records. They expect to conclude the investigation by next week.

Conservatives Push Little Film to Big Success

“Sound of Freedom,” an independent film produced for $14 million, shocked Hollywood by beating the $290 million “Indiana Jones” sequel at the box office on July 4, partly due to a push by conservative groups.

The independent movie is a faith-based action thriller about a federal agent who breaks up a child-trafficking ring. Both it and “Indiana Jones” earned close to $12 million at the box office, but “Freedom” also made at least another $2 million from a crowd-sourced ticketing platform. 

Disney, which produced “Indiana Jones,” had rights to “Sound of Freedom” but refused to release it. Eventually, they let it go to Angel Studios, the current distributor.

Enjoy reading The Flyover? Click here to share with your friends and family. ✈️

➤ Donald Trump aide Walt Nauta pleaded not guilty Wednesday to charges of mishandling classified documents. Prosecutors claim Nauta hid boxes of documents at Trump’s Mar-a-Lago resort. (More)

➤ Gov. Ron DeSantis raised $20 million during the first six weeks of his presidential campaign, despite trailing Donald Trump significantly in polls. Separately, DeSantis’ super PAC has brought in $130 million since March. (More)

➤ Wisconsin Gov. Tony Evers used a partial veto to require the state to increase public school funding every year for the next 400 years. The state will now add $325 in per-student spending every year until 2425. (More)

➤ GOP Rep. Matt Gaetz has proposed an amendment to the Defense Act that would end cannabis testing for military service, an effort to address the increasing number of recruits who test positive for marijuana. (More)

Flying together with:

Do you remember August 15, 1971?

That was the day President Nixon shook the global economy by announcing that the dollar would no longer be tied to gold.

Fast forward to today, and we are on the brink of another monumental shift. The United States is poised to take the first step towards launching “Fednow” – the US Government’s very own Digital Dollar.

Please read the “Wealth Plan Protection Guide” from American Alternative Assets. It could literally save you thousands of dollars. It’s 100% FREE for all Flyover Readers.

Much like Nixon’s announcement transformed global finance, this new Digital Dollar could redefine the very nature of money as we know it. But unlike the freedom and stability that gold offered, the Digital Dollar could mean something else: More government control.

Control over your retirement funds.
Control over how much money you can send or receive.
Control over what you buy.

Click here and check out American Alternative Assets Wealth Plan Protection Guide and save money now! It’s 100% FREE for all Flyover Readers.

➤ LSU gymnast Olivia Dunne, the highest-paid female athlete in the U.S., has launched a $20 Million “Livvy Fund” to help connect female athletes at LSU with lucrative endorsement deals. (More)

➤ The NBA’s Las Vegas Summer League opening game sold out in anticipation of Victor Wembanyama’s debut game for the San Antonio Spurs. Wembanyana, a French teenager, has been called a “generational talent.” (More)

➤ The Miami Marlins beat the St. Louis Cardinals in ridiculous fashion Wednesday night because Cardinals fastball pitcher Jordan Hicks couldn’t make a routine throw to first base. (Video)

Market Report   7/6/23

➤ Big Stock Move: Joby Aviation stock dropped 13% Thursday, a victim of its own success. The stock has increased 70 percent in the past week on FAA approval of its “flying taxi,” and investors feel it’s now overvalued. (More)

➤ Car sales rose 16% in the 2nd quarter, despite high prices, fueled largely by stifled demand over the past two years. GM led the increase with nearly 700,000 sales, a 19% jump from last year. (More)

➤ West Hollywood has set the highest minimum wage in the U.S. at $19.08 as of July 1, despite opposition from business owners. The rate will increase again in June 2024. (More)

➤ Despite opposition, Japan plans to release radioactive wastewater from the damaged Fukushima reactor into the Pacific Ocean. Officials say the treated water will be highly diluted with seawater first. (More)

➤ Researchers at a rare Ice Age site have found some of the largest early prehistoric stone tools ever found in Britain. A total of 800 tools thought to be over 300,000 years old were found at the site in Kent. (More)

➤ Domestic minks who escape into the wild grow bigger brains within generations, a new study shows. Domesticated animals’ brains grow smaller, and this is the first indication that the process can reverse in the wild. (More)

Flying together with our sponsor

The United States is poised to take the first step towards launching “Fednow” – the US Government’s very own Digital Dollar.

This new Digital Dollar could redefine the very nature of money as we know it. But unlike the freedom and stability that gold offered, this Digital Dollar could mean something else: More government control. 

Please read the “Wealth Plan Protection Guide” from American Alternative Assets. It could literally save you thousands of dollars. Its 100% FREE for all Flyover readers.

➤ A Victorian-era slate mine is offering the deepest hotel stay on Earth. Four log cabins sit at the bottom of a 1,400-foot mine accessible only by a two-hour trek, including the world’s deepest zip line. (Video)

➤ The world’s most extensive private collection of 6,000 Disneyland collectibles is going up for auction. At the high end is a Dumbo ride vehicle that could go for $300,000, but there are also trash cans from the park that could reach $50,000. (More)

➤ A British tourist who carved names into the Roman Coliseum has apologized, claiming he didn’t realize it was such an old monument. He now faces legal prosecution. (More)

Today’s Trivia

What’s the tallest type of grass?