T-Mobile buys Ryan Reynolds’ Mint Mobile in a $1.35 billion deal

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Description:The telecommunications giant T-Mobile announced it’s buying the budget cell service provider Mint Mobile — best known for its ads with actor and part-owner Ryan Reynolds. The cash-and-stock deal, which includes two other brands, is worth $1.35 billion. Source: NPR.org Date: Mar 15, 2023 Link: https://www.npr.org/2023/03/15/1163743380/t-mobile-buys-mint-mobile-ryan-reynolds Questions for discussion: Is this a good deal for both… Read more »

Pfizer CEO says it will be able to deliver Seagen’s cancer therapy at a scale not seen before with $43 billion deal

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Description: Pfizer CEO Albert Bourla on Monday said the pharmaceutical giant will be able to deliver Seagen’s cancer therapy to the world “at a scale that has not been seen before” with its $43 billion acquisition. Source: CNBC.com – video reports Date: Mar 13, 2023 Link: https://www.cnbc.com/2023/03/13/pfizer-will-bring-seagens-cancer-drugs-to-the-world-at-a-scale-not-seen-before-ceo-says.html Questions for discussion: Explain the logic of this acquisition for both firms…. Read more »

How Silicon Valley Bank’s collapse could compound a marketing slowdown

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Description: Funding prospects for martech and ad-tech startups could dry up, along with media spend that’s already been on a steady downward trajectory. Source: MarketingDive.com Date: Mar 14, 2023 Link: https://www.marketingdive.com/news/silicon-valley-bank-collapse-marketing-slowdown/644925/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202023-0314%20Marketing%20Dive%20Newsletter%20%5Bissue:48762%5D&utm_term=Marketing%20Dive Questions for discussion: What does the article say is the consequence of the bank failure? What does this teach entrepreneurs and investors about the… Read more »

Why Canada likely won’t need any more big new oil pipelines after Trans Mountain

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Description: With slowing oil production growth, developers would be hesitant to pitch projects Source: CBC.ca Date: Mar 16, 2023 Link: https://www.cbc.ca/news/canada/calgary/bakx-tmx-pipeline-oil-wcs-1.6780054 Questions for discussion: Why do you think the government wants to maintain ownership until the project is completed? What does the future of oil pipelines look like, according to the article? Do you think… Read more »

Should we automate the CEO?

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Description: There has been a lot of buzz about how AI might eventually replace lower-rank workers. But why not start with the highest-paid corporate executives? Source: Thehustle.co Date: Mar 11, 2023 Link: https://thehustle.co/should-we-automate-the-ceo/?utm_content=null&utm_source=Sailthru&utm_medium=email&utm_campaign=Wednesday%20Email&utm_term=4ABCD Questions for discussion: Summarize what the article says about AI in the work environment. How have salaries changed over time? What do… Read more »

Netflix: Investors ‘too pessimistic’ about paid account sharing, analyst says

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Description: Jason Helfstein, Oppenheimer & Co Managing Director – Head of Internet Research, joins Yahoo Finance Live to talk about Netflix’s password-sharing crackdown and the outlook for the company’s stock. Source: Yahoo.Finance.com – video report Date: Mar 14, 2023 Link: https://ca.finance.yahoo.com/video/netflix-investors-too-pessimistic-paid-204758846.html?contentType=VIDEO Questions for discussion: Why does Jason Helfstein think Netflix will succeed with its tier… Read more »

A Colorado Ski Area With No Lift Lines? This One Has No Lifts at All.

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Description: At Bluebird Backcountry, you can feel the thrill of making fresh tracks without the constant fear of avalanches. And you can bring your dog. Source: NYTimes.com Date: Mar 10, 2023 Link: https://www.nytimes.com/2023/03/10/travel/colorado-backcountry-skiing.html Questions for discussion: Summarize the approach taken to explore the concept and then establish the alternative ski experience? How is this a… Read more »

Allbirds stock plunges after company admits missteps, unveils new strategy

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Description: Footwear retailer Allbirds on Thursday unveiled a broad overhaul of its strategy and an executive shake-up after failing to post year-over-year quarterly sales growth for the first time in its history. Source: CNBC.com – video reports Date: Mar 09, 2023 Link: https://www.cnbc.com/2023/03/09/allbirds-bird-q4-earnings-2022.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Explain the drop is share value? How much was this due… Read more »

Biden’s Semiconductor Plan Flexes the Power of the Federal Government

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Description: In return for vast subsidies, the Biden administration is asking the chip industry to make promises about its workers and finances. Source: NYTimes.com Date: Feb 27, 2023 Link: https://www.nytimes.com/2023/02/27/us/politics/chips-act-biden-commerce-department.html Questions for discussion: How is government influencing the semiconductor industry? What are the social and political goals tied to the financial assistance to firms that… Read more »

Company planning to make COVID vaccine in Canada warns it could go out of business

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Description: MONTREAL — An American company that signed a deal with the federal government to produce COVID-19 vaccines in Montreal has warned investors it could go out of business within the year. Source: FinancialPost.com Date: Mar 02, 2023 Link: https://financialpost.com/news/company-covid-19-vaccine-in-canada-could-go-out-of-business Questions for discussion: What does the report say about the reasons for the unstable situation… Read more »