Here are the headlines you Need2Know for Thursday, July 1, 2021:

COSBY FREED

Bill Cosby is a free man after the Pennsylvania Supreme Court overturned his sexual assault conviction. The decision was not expected; the court ruled that Cosby was denied his Fifth Amendment right against self-incrimination when an earlier prosecutor agreed not to charge him, though that agreement apparently was never put into writing. The 83-year-old comic had served about three years of a three-to-10 year sentence for drugging and assaulting Andrea Constand in 2004, one of 60 women who had publicly accused him of rape or sexual misconduct over the years.  NBC NEWS

CONDO COLLAPSE LATEST

President Biden will visit the rescue operation underway in Surfside, Fla. today, where crews pulled the bodies of two children from the rubble as the death toll reached 18. Reinforcements from across the country are coming in to help relieve some of the first responders who have been working nonstop, at least one of whom has been hospitalized with exhaustion. Newly surfaced video taken by a passerby moments before the Champlain Towers South building collapsed shows water pouring from the roof of the parking garage and debris falling on the ground: SEE IT

DONALD RUMSFELD: 1932-2021

Donald Rumsfeld, the consequential -- and controversial -- defense secretary to two presidents, has died. Rumsfeld ran the Pentagon in the Ford administration and then came back to the job under President George W. Bush, where he oversaw the War on Terror and invasions of Afghanistan and Iraq before he was pushed out in 2006. Rumsfeld was 88. OBIT

CAPITOL RIOT COMMITTEE

The House will form a select committee to investigate the Jan. 6 Capitol riot after voting nearly along party lines to establish the slimmed-down panel, which will be controlled by Democrats. House Republicans will have a say in choosing five of the 13 members in consultation with Speaker Pelosi. She’s reportedly considering picking a Republican like Rep. Liz Cheney to fill one of the other eight slots. POLITICO

THE UBER OF CHINA

Didi, the ‘Uber of China’, is now a publicly traded company in the U.S. Didi went public in the biggest IPO by a Chinese company since Alibaba made a splash in 2014. To give a sense of how big Didi is, the platform boasts more active users than there are people in the United States. Uber sold its business in China to Didi five years ago in exchange for a stake in the company -- that stake is now worth more than $8 billion. CHEDDAR

APPLE'S STREAMING TEST

The free ride you may have been enjoying with Apple TV+ is coming to an end -- or at least, it’s being shortened. As of today, customers who buy new Apple devices will only get three months of the streaming service thrown in, instead of the year that has been the norm. Also this month, the first people to activate that promotional offer when it started back in Sept. 2019 will start getting billed $5 a month, after that promo was extended twice. Nearly two-thirds of Apple TV+ subscribers are getting the service for free through promotions, according to an industry survey taken earlier this year. STREAMABLE

GAME CHANGER

Every NCAA athlete in America will be able to earn money from endorsements and other ventures as of today. The NCAA Division I board adopted a rule to temporarily suspend the policy against student athletes profiting off their name, image and likeness. The change comes as several states have their own ‘NIL’ policies going into effect today, and the NCAA says it’s working with Congress on legislation that would make the guidelines permanent. Here’s a list of some of the big-name athletes who are favorites to cash in: ACTION NETWORK

ALLISON MACK TO JAIL

Former Smallville actress Allison Mack has been sentenced to three years in federal prison for her role as a leader of the NXIVM self-help group/alleged sex cult. Mack had pleaded guilty to racketeering and conspiracy charges and faced up to 40 years behind bars. Prosecutors recommended a more lenient sentence because Mack cooperated with the government. PEOPLE

SPOTTED...

...the most expensive home in Washington D.C., on the market for $18.5 million. Philanthropist owner Adrienne Arsht told Politico she needed to sell the Beaux Arts mansion because it was too small to fit a full orchestra: SEE THE LISTING

...a flying car prototype, making the first ever flight between two cities before turning back into a sports car. The AirCar requires a runway to take off, unlike the drone-taxis that are also in development: WATCH IT

LEFTOVERS: OLYMPIAN MOMS

Olympic organizers reversed course and will now allow breastfeeding athletes to bring their young children along with them to Tokyo. The reversal comes after several Olympians, including Canada’s Kim Gaucher and the U.S. soccer star Alex Morgan, said they felt they were being forced between being mothers and competing in the Games. Nursing mothers and their babies will stay at approved hotels outside the Olympic Village. TODAY

Listen to the N2K Podcast! Looking for more context and analysis on the big stories of the day? Check out our podcast! Hosts Jill and Carlo break down the headlines, every weekday morning Listen on Apple or Spotify, or watch on YouTube, and send us your feedback!

Share:
More In Culture
Survey Shows Americans Delaying Retirement Due to Inflation
A survey by the BMO Real Financial Progress Index found that 25 percent of Americans are pulling back on retirement contributions to offset the cost of inflation. This comes as market volatility reduced retirement savings with the S&P 500 shedding more than 12 percent this year alone.
Drag Queen DD Fuego Explains Drag to Kids and Adults With a Coloring Book
New York drag queen DD Fuego, joined Cheddar News to discuss her journey to drag, sharing the coloring book "Find Your Fuego" to explain to kids and adults alike what drag is all about, and describing the Big Apple scene. "It's incredible because you're meeting people for the first time, and you're also sharing a piece of you, and they're sharing with you back, and it's instant, and it's so intimate, but it's also art," she said. "It's theater!" In celebrating this spirit, Cheddar employee Shannon also received a "fantastic" makeover from DD Fuego.
Memorial Day Weekend Kicks Off Summer Travel Season With Turbulence
Memorial Day rang in the unofficial start of summer here in the United States -- and with it, the unofficial start of summer travel. Whether consumers traveled by air or by land, they probably experienced some form of frustration over the weekend. Flyers faced delays and cancellations, and drivers faced the most expensive gas prices ever recorded on Memorial Day. Zach Griff, Senior Aviation Reporter for the Points Guy, joins Cheddar News' Closing Bell to discuss.
Popular TikToker Co-Founds Crypto Gaming Platform Joystick to Empower Users to Become Pro Gamers, Content Creators
Next-generation gaming ecosystem Joystick recently raised $8 million in a seed round and is in the process of raising a $110 million Series A funding round. Gaming ecosystems are a relatively new type of platform in the Web3 space, allowing users to maximize their play-to-earn gaming opportunities, exchange crypto-currencies, and sell their digital assets. Joystick says its platform is flipping the current model on its head by giving players the opportunity to keep 100% of the revenue they earn. Robin Defay, co-founder and CEO of Joystick, and Michael Le, co-founder of Joystick and TikTok content creator, join Cheddar News' Closing Bell to discuss.
Bumble Presses Lawmakers to Criminalize Unsolicited Nudes on the Internet
The dating app Bumble has sponsored bills and pushed lawmakers to criminalize the online practice of sending unsolicited nudes or “cyberflashing." Payton Iheme, Bumble's head of public policy for the Americas, joined Cheddar News to discuss why the app was going after the harassing behavior beyond its own platform. "Now, while we went to work internally in the company, and we created something called private detector to automatically blur those images so the user can decide if they want to see them, there's nothing for the rest of the internet," she said. "And so that's why we went to work with these laws."
'Top Gun: Maverick' Tops Memorial Day Weekend Box Office
'Top Gun: Maverick' making an estimated $156 million domestically for its four-day opening weekend. Daniel Loria, SVP of Content Strategy and Editorial Director at Boxoffice Pro, joins Cheddar News to weigh in on the long-awaited sequel and the summer box office.
Load More