Where All That Olympic Money Goes: Here’s What We’re Reading Today

The Daily 5 is Sharp’s essential reading list for what’s happening in the world today. Make sure to follow us on Twitter or subscribe to the Sharp Insider newsletter to stay up to date.

Here’s what’s happening today:

1. Canada will overhaul Supreme Court selection process

“Prime Minister Justin Trudeau announced Tuesday that former prime minister Kim Campbell has been selected to chair a new seven-member advisory board that will be tasked with recommending candidates to replace Supreme Court Justice Thomas Cromwell, who is due to retire on Sept. 1.”

2. Where all that Olympic money goes

“Some IOC members will get paid more to watch the Rio Games than many Team USA members will get paid to compete in the Rio Games.”

+1: To understand global inequality, you have to understand Brazil’s inequality.

+1: You’re complaining about the Olympics wrong.

3. Millenials are having less sex

“It’s not a very sexy time to be young, despite millennials’ reputation as bed-hoppers frolicking like the characters on ‘Girls.’ A study published Tuesday in the journal Archives of Sexual Behavior finds that younger millennials — born in the 1990s — are more than twice as likely to be sexually inactive in their early 20s as the previous generation was and are more likely even than older millennials were at the same age.”

4. The new Instagram is, um, Snapchat?

“On Tuesday, Instagram introduced Instagram Stories, which lets people share photos and videos that have a life span of no more than 24 hours with friends who follow them. The service bears a striking resemblance — some might say it is a carbon copy — to Snapchat Stories, a photo- and video-sharing format where the stories also disappear after no more than 24 hours.”

+1: Google’s Instant Articles competitor is about to take over mobile search.

5. The ideal office plan, according to science

“For two years, researchers followed the seating arrangements and output of 2,000 workers at an unidentified technology company, measuring the proximity and productivity of the participants by looking at how quickly they completed tasks. The denser an area is with productive people, the better it was for a nearby worker’s productivity, effectiveness, and quality of work, the research found.”