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Happy Monday CEO!

These 5 things happened while you were growing your empire…

1. 🛩️ Hawaii Goes To Alaska

Alaska Airlines agreed to buy Hawaiian Airlines in a $1.9 billion deal announced on Sunday. In a rare move, the acquisition will maintain both airlines’ brands but provide a stronger competitor against the nation’s Big Four. Read more here.

2. 😬 Spotify Wraps Latest Layoffs

Spotify laid off 1,500 employees, a 17% cut to global headcount. CEO Daniel Ek blamed the layoffs on slow economic growth with the company operating at a loss of nearly $502M this year. Read more here.

3. 🪙 Bitcoin Isn’t Dead

The price of Bitcoin soared above $40k on Monday, its highest level in 18 months. Still far from its historical high of $69k in Nov 2021, but not bad. Read more here.

4. 🤖 Amazon’s Q AI Isn’t A Competitor (Yet)

After Amazon announced its new business AI chatbot, Q, its launch is off to a rocky start. Q is reportedly “leaking confidential data” and suffering from “severe hallucinations.” Tough time to be an AI. Read more here.

5. 🧒 Gen Z Wants To Be Self-Employed

According to a new survey from Instagram, one out of three Gen Z’ers (age 16-26) say the “best way to achieve wealth” is to work for themselves. Turns out, they’re learning from Millennials what not to do. Read more here.

Produced by: @MarketingMax​

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