Description: Alphabet reported revenue Thursday of $76.05 billion in Q4 2022, up 1% year-over-year, but missing analysts’ expectations by $440 million. Source: Mediapost.com Date: Feb 02, 2023 Link: https://www.mediapost.com/publications/article/382181/google-earnings-show-advertising-demand-slowing-p.html?utm_source=newsletter&utm_medium=email&utm_content=readmore&utm_campaign=129155&hashid=TL8dDnMeSliWuSEzOPtYUA Questions for discussion: Summarize the financial information reported. What is the explanation for the shortfall in expectations? Why would this be considered concerning to investors and the… Read more »
Posts Categorized: Part 3 Management: Empowering People to Achieve Business Objectives
How ChatGPT Kicked Off an A.I. Arms Race
Description: Even inside the company, the chatbot’s popularity has come as something of a shock. Source: NYTimes.com Date: Feb 03, 2023 Link: https://www.nytimes.com/2023/02/03/technology/chatgpt-openai-artificial-intelligence.html Questions for discussion: What are the potential uses of this software that should appeal to consumers and businesses? Using a business example, show how can it be monetized?
‘Made-in-Canada system’ keeps egg supply stable. But is it also keeping prices high?
Description: Canada’s egg industry appears to be quietly sidestepping widespread shortages and wildly spiking prices affecting other countries, and some say supply management is to thank. Source: BNNBloomberg.ca – video report Date: Feb 03, 2023 Link: https://www.bnnbloomberg.ca/made-in-canada-system-keeps-egg-supply-stable-but-is-it-also-keeping-prices-high-1.1878986 Questions for discussion: Summarize the egg supply system in Canada and why prices can vary dramatically across the… Read more »
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Description: The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July 2022. Source: CNBC.com – video report Date: Feb 03, 2023 Link: https://www.cnbc.com/2023/02/03/jobs-report-january-2023-.html Questions for discussion: Where were the main growth areas for employment? What does this say about how the economy is recovering from… Read more »
How a Drug Company Made $114 Billion by Gaming the U.S. Patent System
Description: AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers. The monopoly is about to end. Source: NYTimes.com Date: Jan 28, 2023 Link: https://www.nytimes.com/2023/01/28/business/humira-abbvie-monopoly.html Questions for discussion: Summarize the issues related to how businesses, governments, insurance companies and consumers are connected to the drug Humira. Is this… Read more »
Intel’s horrible quarter revealed an inventory glut and underused factories
Description: Intel’s December earnings showed significant declines in the company’s sales, profit, gross margin, and outlook, both for the quarter and the full year. Source: CNBC.com Date: Jan 26, 2023 Link: https://www.cnbc.com/2023/01/26/intels-horrible-quarter-inventory-glut-and-underused-factories.html Questions for discussion: What are the key problems at Intel? How did investors react? Do you think these problems will be short-lived? Is this an opportunity… Read more »
Consumer Groups Seek Kid-Ad Audit Of Walmart’s ‘Universe Of Play’ Game
Description: Truth In Advertising (TINA) and three other consumer groups want the Children’s Advertising Review Unit (CARU) of BBB National Programs to audit Walmart’s presence on metaverse platform Roblox. Source: Mediapost.com Date: Jan 25, 2023 Link: https://www.mediapost.com/publications/article/381900/consumer-groups-seek-kid-ad-audit-of-walmarts-un.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129067&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Do you consider this strategy unethical or in any way unacceptable? Do you believe there… Read more »
The World in 2030: Nine Megatrends to Watch
Description: Where will we be in 2030? I don’t usually play the futurist game — I’m more of a “presentist,” looking at the data we have right now on fast-moving megatrends that shape the world today. But a client asked me to paint a picture of what the big trends tell us about 2030. And I’d say… Read more »
Home Depot shared customer data with Meta for years without consent: Privacy commissioner
Description: OTTAWA — Home Depot illegally shared customers’ personal data with Facebook’s parent company Meta without their knowledge or consent for years, the federal privacy commissioner revealed Thursday. Source: FinancialPost.com Date: Jan 26, 2023 Link: https://nationalpost.com/news/home-depot-privacy-meta?_gl=1*1if2bi9*_ga*MTczNDYyNTY2My4xNjc0OTE0MjAz*_ga_72QH41ZTMR*MTY3NDkxNDIwNC4xLjEuMTY3NDkxNTgzMy42MC4wLjA.&_ga=2.217641622.1455520416.1674915833-1734625663.1674914203 Questions for discussion: Is Home Depot’s data collection and sharing policy unethical, in your opinion? Is there a simple… Read more »
Law Professor Urges FTC To Regulate Ad-Tech
Description: Many online ad practices are “unfair, deceptive, and privacy-invasive,” Brooklyn Law School professor Jonathan Askin says in a petition filed this month with the Federal Trade Commission. Source: MediaPost.com Date: Jan 19, 2023 Link: https://www.mediapost.com/publications/article/381747/law-professor-urges-ftc-to-regulate-ad-tech.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129023&hashid=xIhhTnG4Qdmubrqstxmgaw Questions for discussion: What is the goal of the petition? Do you think it is justified and regulations should be adopted?… Read more »
