Description: Think of Elon Musk’s Twitter takeover less like a typical private equity play, where he fixes the business and sells it, and more like Jeff Bezos’ purchase of the Washington Post. Source: CNBC.com Date: Nov 03, 2022 Link: https://www.cnbc.com/2022/11/03/op-ed-what-elon-musk-really-gets-out-of-owning-twitter.html?recirc=taboolainternal Questions for discussion: Summarize the opinions expressed in this article that offer an explanation for… Read more »
Posts Categorized: Part 4: Marketing Management
Canada jobs market blows past expectations with 108,000 gain
Description: Canada’s labour market unexpectedly added 108,000 jobs in October as wage gains accelerated, potentially easing worries the economy is headed for a major slowdown. ?Source: BNNBloomberg.com – video report Date: Nov 04, 2022 Link: https://www.bnnbloomberg.ca/canada-jobs-market-blows-past-expectations-with-108-000-gain-1.1841866 Questions for discussion: Summarize the top three statistics you believe business people should be looking at as they weigh… Read more »
Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas
Description: Their lucrative Yeezy collaboration accounted for more than an estimated 40% of the shoe giant’s profits. But the partners had been bickering for years. Source: Bloomberg.com Date: Nov 01, 2022 Link: https://www.bloomberg.com/news/articles/2022-11-01/kanye-west-adidas-split-was-brewing-for-years?leadSource=uverify%20wall Questions for discussion: What are the lessons to be learned from this partnership between Ye and Adidas? Can Adidas ever afford to… Read more »
Twitter is now owned by Elon Musk — here’s a brief history from the app’s founding in 2006 to the present
Description: A decade ago, Twitter’s future was looking bright. The company was benefiting from a flood of funding into the social-networking space, eventually leading to an IPO in 2013 that raised $1.8 billion. Source: CNBC.com Date: Oct 29, 2022 Link: https://www.cnbc.com/2022/10/29/a-brief-history-of-twitter-from-its-founding-in-2006-to-musk-takeover.html Questions for discussion: Why do you think Musk bought Twitter? Do you think there are revenue models that… Read more »
Adidas Ends Partnership With Kanye West at a Considerable Cost
Description: The German sportswear giant is the latest company to cut ties with Mr. West, now known as Ye, after his antisemitic remarks. Ending the partnership is expected to hurt company profits. Source: NYTimes.com Date: Oct 26, 2022 Link: https://www.nytimes.com/2022/10/25/business/adidas-kanye-west.html Questions for discussion: What are the ethical and social issues related to this issue? What… Read more »
Meta shares plunge 23% to the lowest price since 2016
Description: Shares of Meta plunged 23% Thursday morning as investors and analysts digested the company’s third-quarter earnings miss and a weak fourth-quarter outlook. Shares were trading under $100 at market open, the lowest price since 2016. Source: CNBC.com – video report Date: Oct 27, 2022 Link: https://www.cnbc.com/2022/10/27/meta-stock-falls-23percent-on-earnings-miss-analyst-downgrades.html Questions for discussion: Why has the stock value dropped so drastically? Do… Read more »
Indoor growing could feed Canadians — and others — year-round
Description: Whether it was pandemic-driven supply chain delays, a war in Europe causing grain prices to spike or flooding in British Columbia disrupting rail lines and highways, the past two and a half years have shone a light on how vulnerable Canada’s food system is to climate change and other global factors. ?Source: Yahoo.Finance.com Date:… Read more »
SPOS #850 – Douglas Rushkoff On The Harmful Effects Of Technology On Our Future
Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #850. I’ve said it before… I will say it again: Douglas Rushkoff is – without a doubt – one of the smartest humans beings on this earth that I get to call a friend. Douglas is back with another compelling book about technology and how… Read more »
Apple Quietly Rolled Out a Change That Could Be the End of Facebook
Description: Apple isn’t just coming for Facebook’s money, it’s coming for its business. Source: INC.com Date: Oct 27, 2022 Link: https://www.inc.com/jason-aten/apple-quietly-rolled-out-a-change-that-could-be-end-of-facebook.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Oct%2026,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGHuDANPsXgpSh7DvX5FXGcVHzm_RyLSUzzo1GMOhx_ihLjxVqDuYCcWy0sJmhfyKYuCbqpclo0hn3hcyLM8sC9io0Oppj98rgzN4lSjw Questions for discussion: How will Apple revenue grow with this new requirement? Do you think it is the end of Meta? How can Meta and other apps counter this strategic move by Apple?
Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown
Description: Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago. Source: Yahoo.Finance.com – video report Date: Oct 18 2022… Read more »
