- THE CEO REPORT
- Posts
- Wednesday, Oct. 18th
Wednesday, Oct. 18th
No-fluff news for busy CEOs
Hello CEO,
While you were busy growing your empire…
1. Delta Rethinks Loyalty Changes
Delta Air Lines is walking back some changes to its loyalty program after backlash from members. The changes would have affected top-tier and business travelers. Delta’s CEO has said they basically ripped the BandAid off too fast… Read more here.
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2. Household Wealth Jumps
Between 2019 and 2022, Americans saw the biggest-ever jump in wealth on record. A combination of stimulus money, a healthy market, and the availability of jobs are being credited. And it wasn’t just the most affluent who benefitted… Read more here.
3. Investments In China Face Scrutiny
Sequoia, one of Silicon Valley’s most prominent investors, is facing questions from Congress over investments made in China. They’re being asked how they’ll further prevent US dollars from advancing Chinese interests. It sends a message to other investors in this region… Read more here.
Fellow CEOs Are Using:
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4. Humans Slack Off Around Robots
A new study suggests that human workers tend to get more lax when working alongside robots. They give the robots too much credit, basically, and offload responsibilities. The concern is what this could mean for workplace safety with dangerous or repetitive tasks… Read more here.
5. X Tests $1 Fee
Are people willing to pay for what was formerly free? X is about to find out after starting a $1 fee for new accounts in New Zealand and the Philippines. The goal is to crack down on bot accounts however that hasn’t proved true for other brands that have tried this… Read more here.
Bonus. Stat Of The Day
Netflix’s password-sharing crackdown has resulted in nearly nine million new customers, bringing its subscriber total to 247.2 million.
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Produced by: @MarketingMax
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