Category: News and Views

Here’s the 1 Eye-Opening Statistic About Millennials That Big Companies Are Finally Beginning to Notice | Inc.com

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Millennials outnumber everyone else in America. On paper they should be the perfect consumers to help a robust economy well into the second half of the 21t century.

But a new report suggests that big companies are having a sudden realization–something that almost every one of the 83.1 million Millennial Americans knew a long time ago, and in fact that they’ve been screaming from the proverbial rooftops.

It’s that while as a generation Millennials are “digitally native, mobile oriented, media savvy, politically progressive, ethnically diverse, well-educated and culturally savvy,” as Adweek put it recently, they also have one other giant defining characteristic:

They’re kinda broke.

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Is your product’s AI annoying people? | TechCrunch

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Artificial intelligence is allowing us all to consider surprising new ways to simplify the lives of our customers. As a product developer, your central focus is always on the customer. But new problems can arise when the specific solution under development helps one customer while alienating others.

We tend to think of AI as an incredible dream assistant to our lives and business operations, when that’s not always the case. Designers of new AI services should consider in what ways and for whom might these services be annoying, burdensome or problematic, and whether it involves the direct customer or others who are intertwined with the customer. When we apply AI services to make tasks easier for our customers that end up making things more difficult for others, that outcome can ultimately cause real harm to our brand perception.

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Tricky Scam Plants Phishing Links in Your Google Calendar | WIRED

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AT THIS POINT, you’re probably keeping an eye out for possible phishing messages in your email. You know the drill: If you have any doubts, don’t click links or download attachments. That’s difficult enough to adhere to in practice. Now, thanks to new findings from the threat intelligence firm Kaspersky, along with phishing texts, phishing tweets, and phishing pop-ups, you need to worry about one more thing: phishing in your calendar.

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Space10 and EFFEKT develop subscription-based housing | Dezeen

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IKEA’s research lab Space10 has teamed up with architecture studio EFFEKT on The Urban Village Project, a vision for subscription-based housing that brings together people of different generations and encourages them to share facilities.

Both based in Copenhagen, Space10 and EFFEKT have developed a number of policies to move towards more communal living, or co-living.

These include shared daycare and transport, local water harvesting, communal dining and urban farming initiatives.

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Amazon Restaurants food delivery service is shutting down | Mashable

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Sorry to those who loved ordering food deliveries from Amazon, but those days are over.

More specifically, the days of Amazon Restaurants are over. GeekWire reported on Tuesday that Amazon had shut down the in-house food delivery service about four years after its launch. That means customers in more than 20 U.S. markets will likely have to turn to competitors like GrubHub and UberEats to satiate their hunger.

The official shutdown date is June 24, Amazon told GeekWire.

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Boeing reports no orders for second straight month | CNN

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Boeing reported no new commercial aircraft orders in May. It was the second straight month that Boeing’s orders were at a standstill in the face of the 737 Max crisis.

The drop in orders isn’t only because of the grounding of the 737 Max. Boeing also has a massive backorder of about 5,000 planes. Many of its customers do not need to place orders for additional jets right now.

Next week is also the Paris Air Show, the key industry trade show for the year, at which Boeing and rival Airbus typically like to announce orders. So May is often a slower month for new orders.

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Beyond Meat stock skyrockets again, day after earnings beat | Fast Company

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Shares of Beyond Meat rose 39% on Friday, one day after its first post-IPO earnings report and about a month after going public. The company now has a market cap of $8.28 billion, according to Google Finance.

The stock hit a high of $149.46 a share in late-day trading before closing at $138.65. That’s more than double where it landed after its first day of trading in early May.

Yesterday, the company reported $40.2 million in quarterly revenue, topping estimates of $38.92 million cited by Yahoo Finance, and it projects full-year revenue will reach past $210 million.

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Why Maine Banning Indian Mascots Is A Marketing Wake Up Call | Forbes

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From a marketing standpoint, why would an organization want a symbol that many Americans deem offensive?

In May of 2019 Maine banned the use of Native American mascots in its public schools and colleges. No more whooping braves, no more grinning chiefs, no more tomahawk yielding warriors in loin clothes. This is part of a national movement that is picking up momentum.

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Fiat Chrysler-Renault tie up: What the maker of Jeep could gain | TechCrunch

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Fiat Chrysler Automobiles and Renault are in talks that could result in merging vast swaths of their businesses, a move that illustrates the growing desire among automakers to consolidate in an environment of increased regulatory pressure, sales declines and rising costs aimed at bringing next-generation technologies like self-driving cars to market.

Update: Fiat Chrysler has sent a non-binding letter to Renault proposing a 50-50 merger. Under the proposal, the combined businesses would be split equally between FCA and Renault shareholders. The board would be a combined entity of 11 members, FCA said. The majority would be independent. FCA and Renault would get equal represent with four members each as well as one nominee from Nissan.

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