- THE CEO REPORT
- Posts
- Tuesday, Oct. 24th
Tuesday, Oct. 24th
Important news for busy CEOs
Hello CEO,
While you were busy growing your empire…
1. 👩🏼⚖️ 33 States Sue Meta
After two years of investigations, a large group of states have sued Meta, accusing the company of causing young people to become addicted to social media. At 233 pages, the lawsuit says Meta aimed to exploit youth for profit and deceived the public about its dangers… Read more here.
2. 🙈 Economists Got It All Wrong
Economists got a lot wrong when predicting the post-pandemic world. Despite forecasts suggesting otherwise, inflation is enduring, a recession is yet to happen, and people are still spending. This looks at why they were so off… Read more here.
3. 📈 Big Tech Is Back
Big tech companies are successfully bouncing back from last year, with stong earnings from the likes of Alphabet, Snap, and Microsoft. Of course, this all comes after mass layoffs. Altogether, they’re still beating expectations… Read more here.
4. 👩🏽💻 Employee Expectations Have Shifted
Worker attitudes have changed over the pandemic, and if you don’t pay attention you’re at risk of losing your top talent. The name of the game is well-being — people want full lives outside of their jobs, and they expect to be accommodated… Read more here.
5. 🔑 Are Passwords Ending?
Amazon is the latest tech company to adopt passkeys over passwords. Consumers are increasingly getting access to passkeys that use biometric data or a PIN. However, for now, passwords are still king… Read more here.
Bonus. Stat Of The Day
According to Norton, 38% of people in the US have had a password cracked or guessed.
Produced by: @MarketingMax
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