DailyTimeCapsule brief
October 18, 2018
On October 18, 2018, the focus was on the ongoing fallout from the assassination of journalist Jamal Khashoggi at the Saudi consulate in Istanbul. As multiple powerful executives distanced themselves from Saudi Arabia amid public pressure, SoftBank, led by CEO Masayoshi Son, chose to maintain its ties with the kingdom. This decision underscored the intricate relationships between global investors and the controversial Saudi regime. Meanwhile, the world was also looking forward to the graduation ceremonies at various universities, symbolizing achievement and progress for many students. In the media sphere, Hasan Minhaj's topical comedy show on Netflix continued to gain traction, prompting discussions about the efficacy of such formats in addressing contemporary issues with humor and insight.
Key developments
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Masayoshi Son, the CEO of SoftBank, has maintained a significant relationship with Saudi Arabia despite other executives distancing themselves from the nation. His Vision Fund continues to receive robust investment commitments, including a pledged $45 billion from the Saudi government, illustrating the strong ties between SoftBank and the oil-rich kingdom. This partnership highlights contrasting approaches among global executives in response to geopolitical issues surrounding Saudi Arabia's policies and practices.
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The Graduates event centers around the innovative designers of Vaquera, a fashion label known for its avant-garde approach and cultural commentary. With growing press and industry buzz, the team is considering whether to take the leap from their day jobs to full-time fashion careers, reflecting a pivotal moment in their artistic journey. This event highlights the challenges and triumphs faced by emerging creatives in the fashion industry, showcasing their potential impact on the future of fashion.
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Can Hasan Minhaj Make Topical Comedy Work on Netflix?