Investor exuberance pushes BlackBerry share price to 9 year high — for no rational reason

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Description: Shares in Canadian technology company BlackBerry are changing hands at their highest level in almost a decade on Monday, as investor enthusiasm for the once high-flying stock has mysteriously returned. Source: CBC.ca Date: Jan 26, 2021 Link: https://www.cbc.ca/news/business/blackberry-stock-price-1.5886326 Questions for discussion: What is happening at BlackBerry? What explains the sudden interest in the firm… Read more »

When will travel (advertising) recover, do social platforms look too similar, and what will happen to WhatsApp?

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Description: eMarketer senior analyst at Insider Intelligence Jasmine Enberg discusses when travel (and travel advertising) will recover and some good and not-so-good examples of how travel advertisers are running campaigns. She then talks about whether Twitter can make a space for healthy conversations, our expectations for WhatsApp, and the significance of social platforms ending the… Read more »

SPOS #759 – Scott Devine On Building A Thriving Online Business (No Gimmicks)

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Description: Here it is: Six Pixels of Separation – Episode #759 – Host: Mitch Joel. If we have learned anything during this pandemic, it is this: the brands that are either purely digital or the ones with a strong digital component felt much less pain. Look no further than the value of a company like Amazon or the incredible… Read more »

TGI Fridays CEO says ending the tipped minimum wage would result in higher prices, fewer hours for waitstaff

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Description: TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Source: CNBC.com – video report Date: Jan 22, 2021 Link: https://www.cnbc.com/2021/01/22/tgi-fridays-ceo-says-ending-the-tipped-minimum-wage-would-boost-prices.html Questions for discussion: What are the arguments for and against the decision… Read more »

Chevrolet Partners With Disney For Bolt Reveal

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Description: Chevrolet is teaming up with Walt Disney World to reveal the all-electric Chevrolet Bolt EUV and Bolt EV on Feb. 14. Source: MediaPost.com – video report Date: Jan 20, 2021 Link: https://www.mediapost.com/publications/article/359734/chevrolet-partners-with-disney-for-bolt-reveal.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=121157&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Do you think co-branding is a good idea for Disney and GM? What are the risks and benefits for… Read more »

How to Break Into Retail With a Niche Product, According to Whole Foods CEO John Mackey

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Description: Mackey, co-founder and CEO of Whole Foods Market, talks retail expansion and new product development with fellow Texas entrepreneur Aishwarya Iyer, founder of olive oil upstart Brightland. Source: INC.com Date: Jan 20, 2021 Link: https://www.inc.com/magazine/202102/graham-winfrey/whole-foods-brightland-john-mackey-aishwarya-iyer-mentorship.html Questions for discussion: What is the formula for success, as recommended in this report? Develop a brief business plan… Read more »

Godiva closing 128 stores in North America, including all 11 in Canada

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Description: COVID-19 has been far from sweet for Godiva, which has decided to sell or close its stores across North America. Source: CBC.ca Date: Jan 22, 2021 Link: https://www.cbc.ca/news/business/godiva-stores-1.5883575 Questions for discussion: Why is the firm closing its retail outlets? Is it necessary for a firm like Godiva to own these outlets? How should distribution… Read more »

How Bitcoin tanked on a false ‘double spend’ rumor

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Description: Bitcoin fell around 15% on Thursday, briefly tumbling below $30,000 before rallying later in the day. This is hardly the first time the price has swung wildly—volatility is Bitcoin’s hallmark—but Thursday’s events are notable because they were partly triggered by false rumors of an existential event: a double-spend. Source: Fortune.com – video report Date:… Read more »

Fast-Growing Alternative To Facebook And Twitter Finds Post-Trump Surge ‘Messy’

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Description: The alternative social network MeWe had 12 million users at the end of 2020. Barely three weeks into 2021 — and two since a right-wing mob attacked the U.S. Capitol — the company says it’s now passed 16 million. Source: NPR.org Date: Jan 22, 2021 Link: https://www.npr.org/2021/01/22/958877682/fast-growing-alternative-to-facebook-twitter-finds-right-wing-surge-messy Questions for discussion: Summarize the conflicting issues… Read more »

After Rocky Start, Opportunity Zones Could Boom In 2021

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Description: President-elect Joe Biden and his administration are keen to undo much of what their predecessors did. Yet when it comes to one flagging Trump initiative— the opportunity zone program— Biden and the Democrat-controlled Congress could actually provide a big boost. Source: Forbes.com Date: Jan 15, 2021 Link: https://www.forbes.com/sites/jasonbisnoff/2021/01/15/after-rocky-start-opportunity-zones-could-boom-in-2021/?sh=52d4567d6cd4 Questions for discussion: What are opportunity… Read more »