Sea Ltd., the tech giant, suffered a significant decline in its net worth due to disappointing Q2 earnings. The company plans to invest more in e-commerce, which may lead to further losses. As a result, Sea's shares plummeted by 29%, causing chairman Forrest Li to lose $1 billion in net worth. The economy and business sectors were affected by this negative development.

In women's sports, Spain midfielder Aitana Bonmati expresses her excitement about participating in the historic Women's World Cup final after overcoming player revolt and eliminating Sweden. Despite the absence of key players, Spain has shown impressive performance throughout the tournament. The unexpected outcomes and the high level of football displayed in the competition have made it an extraordinary experience for women's football.

On the political front, Lt. Gov. Burt Jones, a Republican, is facing an investigation concerning his alleged involvement in former President Trump's unlawful attempts to overturn the 2020 election in Georgia. Jones was among the individuals falsely claiming to be electors who supported Trump's victory in Georgia. Although he was not directly implicated in the indictment, a special prosecutor will be assigned to examine his role. The intertwining of politics and crime has caused significant concern and attention in the realm of politics.

The Digest, 8/16/2023 @200AM, CDT

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