The 10 most important things in the world right now

Antony Jones/Getty ImagesDonatella Versace walks the red carpet during the 75th Venice Film Festival on August 31, 2018, in Venice. Antony Jones/Getty Images

Hello! Here’s what’s happening on Tuesday.

1. Instagram’s two cofounders, Kevin Systrom and Mike Krieger, are leaving after reports of “tensions” with Facebook’s Mark Zuckerberg. Instagram, founded in 2010, was bought by Facebook for $1 billion in 2012. Systrom was the CEO of Instagram and Krieger its CTO.

2. Judge Brett Kavanaugh and his wife, Ashley, will appear in an interview on Fox News, in which they’ll address allegations of sexual misconduct the Supreme Court nominee is facing. He has denied sexually assaulting a girl in high school and exposing himself to a female classmate in college.

3. China has pulled out of trade talks with the US in response to the latest tariffs and issued a white paper attacking what it called the Trump administration’s bullyism. Beijing said the Trump administration had “abandoned the fundamental norms of mutual respect and equal consultation that guide international relations.”

4. US Justice Department veterans and current and former intelligence officials expressed relief that deputy attorney-general, Rod Rosenstein, had not resigned or been fired. Rosenstein’s job was thrown into question after The New York Times reported he had discussed wearing a wire around Donald Trump and advocated invoking the 25th Amendment to remove the President from office.

5. A security expert says Google quietly made important changes to its Chrome web browser, logging users into Chrome without their knowledge. The changes could make it easier for users to unwittingly turn over their browsing history to Google.

6. The risk of a major miscalculation by US President Donald Trump could drive oil to $US90. Fresh US sanctions on Iran are due to come into force on November 4 and JPMorgan thinks Trump could hold a tougher line than past administrations. That could mean a greater than previously expected fall in oil exports from Iran.

7. Amazon has reportedly expressed interest in acquiring UK food delivery startup Deliveroo twice. The news comes after a report that Uber has also been in early talks for the company.

8. Versace fans are revolting against the brand’s rumored sale to American luxury accessory group Michael Kors. People are begging Versace to reconsider with fans commenting on Donatella Versace’s Instagram that Michael Kors would “kill” the brand.

9. Researchers at the University of Louisville’s Kentucky Spinal Cord Injury Research Center have helped two paralysed people regain the ability to walk. They implanted a device that sends an electrical current into the spinal cord.

10. A startup called Ambrosia Medical that charges $8000 to fill your veins with the blood of young people plans to launch its first clinic in New York City at the end of this year. Founded by Stanford graduate Jesse Karmazin, the company recently completed the first clinical trial designed to assess the benefits of young blood transfusions.

And finally …

The 50 best MBA programs in the world.

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