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- Monday, April 29
Monday, April 29
5 things you missed today
Good Evening,
Here are the 5 things you missed today:
1. 🕵️ EU is Investigating Meta
European Union leaders are investigating Meta over concerns of election interference and a lack of combatting foreign disinformation on its platforms. If found guilty, Meta could face steep fines or other penalties.
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2. 💵 U.S. Dollar is (unfortunately?) Strong
The U.S. dollar is surging with a 4.1% rise this year, sending some concerns about its impact on the global economy. It could fracture international trade, but some economists say the consequences are exaggerated.
3. ❌ ByteDance May Refuse to Sell TikTok
Sources say that if ByteDance loses its legal fight and is given the option to either sell TikTok or see it banned in the U.S., it would rather shut down the app. It’s also possible it could be sold but without its core algorithm.
🛠 Things To Check Out
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4. 📦 Amazon Ramped Up Quick Fulfillment
According to Amazon, nearly 60% of orders placed through Prime in the top 60 U.S. metro areas in Q1 arrived the same or next day, up 50% from FY23 Q2. The news comes after Amazon invested majorly in a focus on faster fulfillment.
5. 🚙 Mercedes-Benz is Anti-CarPlay
Mercedez-Benz CEO Ola Källenius said the company doesn’t plan to adopt Apple’s next-generation version of CarPlay, which is set to extend beyond a car’s central touchscreen to additional screens like the gauge cluster.
Bonus. CEO Tip Of The Day
According to a new survey, more than 60% of employees increased participation last year in employee volunteer activities. Sounds like time to hype up your volunteer program, or start one if you haven’t.
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