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+29 +2
Oracle takes on Red Hat in Linux code fight
Now, it's Oracle's turn to jump into the Red Hat open-source Linux code kerfuffle.
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+2 +1
Amazon has lost market share for the Prime Day shopping holiday it invented. Walmart is setting itself up for a bigger slice of those sales.
Walmart is out to lure customers into its virtual doors during Amazon Prime Day. Its Walmart Plus Week sale started Monday and runs through July 13.
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+22 +6
Chinese automaker BYD will create an EV hub in Brazil at an old Ford plant
BYD, the popular Chinese EV automaker, plans to invest 3 billion reais ($620 million) in a new Brazilian manufacturing hub, as it looks to build a larger presence in South America The industrial complex will be built in the northeastern state of Bahia, in the town of Camaçari, where BYD bought a Ford plant that closed in 2021.
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+22 +4
Netflix Likely To Benefit As Rivals Sell Content To Raise Cash: Analyst
The media companies that helped Netflix grow by selling the streamer their best content on the cheap may be making the same strategic blunder again. While Netflix’s original programming gets a lot of attention, acquired content represents a large and stable share of viewing by Netflix subscribers. The supply of acquired content dried up as media companies raced to build their own streaming services and add subscribers. That’s changing.
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+30 +8
What Are The Secrets to Social Media Writing?
The average person doesn’t think much before writing on social media. But the average person is not a business with a reputation to build and defend.
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+39 +4
Reddit demands moderators remove NSFW labels, or else
Many communities on Reddit have used the NSFW (Not Safe For Work) designation in some form to protest Reddit’s new API pricing, which forced apps like Apollo and rif is fun for Reddit to shut down, as well as a recent pattern of behavior toward its unpaid volunteer moderators that they find “threatening.” Subreddits, including r/PICS and r/military, had made the NSFW switch, pointing to language from Reddit websites to justify the change.
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+30 +2
Red Hat's open source rot began when IBM walked in
Big Blue's top brass either don't get it or don't care
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+26 +4
Red Hat's new rule: Open source betrayal?
Red Hat rivals and many open-source developers are mad as hell about the company's new source code policy. Will this dispute end up in the courts?
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+26 +3
Apple is now the first publicly traded company to close above a $3 trillion market value
Apple is the first publicly traded company to close a trading day with a $3 trillion market value. The company’s shares climbed about 2.31% on Friday to a new high. The tech giant first reached a $3 trillion market cap back in January 2022, but failed to close at that level.
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+25 +5
Tesla reported 466,140 deliveries for the second quarter, and production of 479,700 vehicles
Tesla just posted its second-quarter vehicle production and deliveries report for 2023.
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+17 +3
These Billionaires Sold The Most Stock So Far In 2023
Twenty-one of the world’s richest people, including Larry Ellison and Rob Walton, have unloaded shares worth more than $9 billion combined in the first half of this year.
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+15 +5
Reddit's Valuation Has Fallen Even Further, Fidelity Says
Reddit is facing a crisis both in its user base and its finances. After protests and backlashed ravaged the platform in the wake of Reddit opting to charge for access to its API, the company’s valuation has been sliced. TechCrunch reports that the Blue Chip Growth Fund at Fidelity, a major financial services provider, has reduced its estimates of Reddit’s holdings following an already poor estimate earlier this spring.
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+4 +1
Casa Bonita eliminates tipping, going against service industry norm
Guests who dine at the Casa Bonita will not be asked to tip on their meals and drinks, challenging the conventional service industry model in Denver and beyond. The Lakewood landmark made its highly anticipated reopening to the public on June 23, offering locals the chance to buy tickets that include a meal. Tickets cost $39.99 for adults and $24.99 for kids ages 3 to 12. Kids under 3 are free.
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+14 +3
The importance of order for effective writing
Simon Hall writes...if you want to get your message across, whether it’s a report, briefing, or even a social media post, this trick is critical.
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+19 +6
Is Dr. Bronner’s the Last Corporation With a Soul?
The kooky soap company is rewriting the playbook for corporate success by doubling down on its vibey values.
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+23 +3
Apple could force a 111-year-old fruit company to change its apple logo
Apple wants to trademark an image of an apple in Switzerland, and this could force a 111-year-old fruit company to change its logo.
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+19 +1
FTC sues Amazon over 'deceptive' Prime sign-up and cancellation process
The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel. The agency claims Amazon violated the FTC Act and the Restore Online Shoppers’ Confidence Act by using so-called dark patterns, or deceptive design tactics meant to steer users toward a specific choice, to push consumers to enroll in Prime without their consent.
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+17 +4
Ryan Murphy Set to Leave Netflix for Disney
The mega-producer will reunite with Dana Walden at the Mouse House.
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+26 +4
Ryan Murphy Leaving Netflix, In Talks To Return To Disney
Ryan Murphy looks to be heading back to Disney. Murphy is set to leave Netflix at the end of his five-year overall deal, which was understood to be worth around $300M. Deadline has confirmed that he’s in talks with Disney, although no deal is yet signed.
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+25 +4
Should SMBs worry about a recession?
In a word, no. Companies that think they have to pull back on investments and cut head count are on the wrong track.
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