Tuesday, January 28

What you missed today

Good evening!

Big shake-up today for the BookTok & Bookstagram folks.

Here are the 7 things you missed today:

1. 💰 X Money is Partnering with Visa

Today, X announced the launch of a digital wallet and peer-to-peer payments services provided by Visa, the largest US credit card network. Visa will be the first partner for the “X Money Account” which enables X users to move funds between traditional bank accounts and their digital wallet, similar to Zelle or Venmo. (CNBC)

2. 🤩 Pulling an Uber in the $500 Billion Smartphone Industry

What if you invested in Uber before they went public?

Mark Cuban turned them down at a valuation of $10 million and missed out on a 919,900% return when they went public at over $80 billion!

And by the time we hear about industry-changing disruptions like this, it's usually too late… but right now there’s a tech startup making waves behind the scenes. Like Uber turned vehicles into income-generating assets, they’re turning smartphones into the easiest passive income source imaginable.

They were named the #1 fastest growing software company by Deloitte in 2023 and have already earned over +$325M for their customers.

This tech startup is Mode Mobile, and unlike Uber you have a chance to invest in their company at just $0.26/share before they go public.

3. 🤖 Jack Dorsey’s Block Announced its Open-Source AI Agent

Goose, an open-source AI agent, joins Block’s portfolio of businesses including Square, Cash App, Tidal, and Afterpay. Goose can perform a wide range of tasks — from simplifying everyday duties to complex software development – reportedly saving developers up to 20% of their time. (Quartz)

4.  🤔 Not Sure How to Navigate the TikTok Ban/No Ban?

The newest episode of The @MarketingMax Show goes deep into how to prepare, and what your business can do, if TikTok gets banned.

Check it out on YouTube, Spotify, or Apple (& don’t forget to subscribe)!

5. 🛒 Whole Foods is Getting its First Union

Workers at a Philadelphia Whole Foods store voted today to unionize, forming the first union for the Amazon-owned grocery chain. Employees voted to join a local chapter of the United Food and Commercial Workers (UFCW), which represents thousands of employees at grocery chains nationwide. (CNN)

6. 📚 Bookshop.org is Challenging Amazon With E-Books

Indie bookstore backer Bookshop.org has launched its own e-book platform. Amazon has traditionally led the e-book wave with its popular Kindle products, so much so that authors and booksellers have accused the company of operating a monopoly. Bookshop’s alternative shares a cut of sales with independent bookstores across the US and can be read on competitor e-readers like Kobo or Boox. (TechCrunch)

7. 🔓 CVS’ New App Might Let You Unlock Cabinets

CVS is launching a new app today with a tool in test to select users: the ability to unlock cabinets with secured products without asking for assistance from an employee. The tool will allow shoppers to log into the app, join the store’s WiFi, and enable Bluetooth on their phones to unlock cabinets on their own. (Engadget)

Bonus. CEO Tip Of The Day

Many companies will shutdown in 2025. That’s just the reality. If you’re facing a similar fate, here are your primary options to consider (from someone who has shutdown a company).

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****Mode Mobile Disclosures: 1. Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

2. The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

3. A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.

(Don’t click here, it’s just a test for our filters, here)