Friday, May 3

5 things you missed today

Author

Max
May 03, 2024

Good Evening,

Here are the 5 things you missed today:

1.  🔎 Google’s Antitrust Case Ramped Up

The Justice Department pursued its final push to take down Google’s dominance with a case to a federal judge that the company illegally monopolized the search engine industry through paid partnerships with other tech leaders like Apple.

🚨 You only need one tool for UGC + influencer marketing

Too many brands use multiple tools to manage all their UGC and influencer marketing campaigns – which is both costly and time-consuming.

Like me, you’ve probably tested various platforms, but here’s why Insense stands out:

  • No manual outreach, creators apply directly to your campaigns in minutes.

  • Gain access to TikTok Spark Ads codes and Meta whitelisting connections for influencer ads in a click

  • Build a reliable roster of your preferred creators and influencers for long-term collabs

Want to know more?

2.  💼 U.S. Unemployment Rate Rose to 3.9%

The U.S. economy added 175,000 jobs last month, with the unemployment rate rising to 3.9% from last month’s 3.8% (with 235,000 added jobs). As a result, the Dow surged 500 points at the opening bell, dropping a bit mid-morning.

3. 📱 Apple Made History With Buybacks

Shares of Apple stock surged today after the company reported better-than-expected Q2 earnings and its largest-ever stock buyback program. The buybacks, including $110 billion of its shares, is the biggest buyback in U.S. history.

🛠 Things To Check Out

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4.  🚫 Andy Jassy Broke Labor Laws

The National Labor Relations Board found that Amazon CEO Andy Jazzy violated labor laws in making “coercive statements” about unions during interviews in 2022 saying workers are “better off” without a union.

5. 🙁 Sprinklr Laid Off 3% of Workforce

Enterprise customer experience management platform Sprinklr laid off about 3% of its workforce, or ~116 people, to rethink its customer operations team. These layoffs come a year after Sprinklr cut 4% of its headcount.

Bonus. CEO Tip Of The Day

Don’t think of yourself as a businessperson or an entrepreneur. At least, that’s what works for Richard Branson.

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