Good morning. While Texas bans lab-grown meat and developers escape expensive cities, one powerful family just sealed their media empire's future forever.

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Lachlan Murdoch completed a $3.3 billion agreement to control his family's media empire. The deal ensures Fox News, The Wall Street Journal, and The New York Post retain conservative direction after Rupert Murdoch's death.

Lachlan's three older siblings—Prue, Liz, and James—will receive $1.1 billion each for their shares. The 94-year-old Rupert built a single Australian newspaper into a global media empire spanning three continents with vast political influence.

The agreement ends ongoing litigation between family members and creates a new trust lasting until 2050. Lachlan, 54, has already been running the business and will retain control throughout the trust's duration.

Real-life Succession.

Major US employers increased H-1B visa sponsorship in 2025, with Amazon remaining the largest sponsor at 10,044 approvals. Federal data shows technology, consulting, and financial services firms led the increases.

JPMorgan Chase recorded the biggest jump, rising from 1,719 to 2,440 approvals. Microsoft, Apple, and Meta also expanded foreign hiring. The statutory cap of 85,000 new visas remained unchanged.

Immigration experts caution the figures include visa renewals and transfers, not just new hires. The increases reflect ongoing competition for specialized STEM talent across multiple industries beyond traditional tech sectors.

Texas banned cell-cultured protein products this week, joining six other states with similar laws. Two California companies, Wild Type and Upside Foods, filed a federal lawsuit this week challenging the ban as unconstitutional.

The FDA approved both companies' products for sale. Violations carry penalties up to $25,000 daily plus jail time. Texas supporters said the ban protects the state's agriculture industry from lab-grown meat alternatives.

The lawsuit claims federal law preempts state restrictions and the ban discriminates against out-of-state businesses. The companies want to sell federally approved products to willing Texas consumers.

What is cultivated meat?

The top companies target the biggest markets. That’s why the early investors behind Uber and eBay also backed Pacaso.

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They even reserved the Nasdaq ticker PCSO.

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While developers chase expensive coastal cities, smart ones discovered geographic arbitrage. Moving from California to Texas saves $19,950 annually in state taxes alone.

Remote salary vs Living Costs: $135,000+ maintained. Costs drop 50-67% in target cities.

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You've probably heard that affirmations are new age nonsense. But Scott Adams wrote "I, Scott Adams, will be a famous cartoonist" fifteen times daily while working at Pacific Bell. Strange coincidences started happening, such as unsolicited advice from cartoonists, encouragement letters arriving at perfect timing. United Media eventually accepted his comic, Dilbert. Maybe affirmations work like wanting a new car: suddenly you see that model everywhere. The opportunities were always there. You just weren't tuned to notice them.

Watch this video.

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