Friday, July 19

7 things you missed today

Good evening!

I’ll be honest with you, it was challenging to uncover news today that wasn’t about the CrowdStrike outage. But I think we managed…

Here are the 7 things you missed today:

1.  🫣 Today Was the Largest IT Outage in History

Of course we have to talk about the CrowdStrike/Microsoft outage hitting the U.S. today. In case you live under a rock, here’s how it wreaked havoc: over 2,400 flights were cancelled or delayed, medical procedures (including major surgeries) were cancelled or postponed, and 911 emergency services were disrupted.

2. ✒️ Dear CEO…*

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Top firms are already building exceptional internal tools and alleviating their resource gap.

3. 🪧 Disneyland Prepares for First Strike in 40 Years

9,500 Disneyland employees are voting today on authorizing a potential strike after negotiations for better wages and working conditions have gotten messy. If union leadership decides to hold a strike, officials have said there are plans in place to continue operating at the same levels of service.

4.  🛠 Things Worth Checking Out

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5. 😔 Olympics Are Lacking Fan Excitement

Sponsors are really excited for the Paris Olympics to start next week – the first post-Covid games with no crowd restrictions for the first time in six years. But fans are less jazzed. The city isn’t seeing the usual Olympics boom, with one travel company reporting bookings for Paris declining 15% from 2023.

6.  🏎️ Activist Elliot Has Taken a Significant Stake in Starbucks

Elliott Management, one of the largest hedge funds in the world and one of the most prolific activist investors, has taken a significant stake in Starbucks. Following a common theme these days, they’re reportedly working together to find ways to improve the company’s share price.

7.  ✂️ Meta is Cutting Reality Labs Budget By 20%

Meta’s putting one of its divisions on an allowance after its out-of-control spending. Reality Labs, the hardware division that makes Meta’s VR headsets, is getting a 20% budget cut between this year and 2026 that Meta claims could save an estimated $3 billion.

Bonus. CEO Tip Of The Day

Want to impress people at your next meeting? Here’s the explanation and history behind those little ‘blue screens of death’ you’ve seen a lot today. The more you know.

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***Disclosure: Topics #2 and #4 in this newsletter are sponsored posts/ads, or Growth Daily LLC may be getting a small commission if you sign up / fill out their form, or Growth Daily LLC might own a percent of the business. In particular, but not always, those sponsored, commissioned, or owned posts might have an * in the headline or are displayed in boxes. You can read our privacy policy at any time here

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