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WEEKLY NEWSLETTER

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What you’ll read?

• Trump's Crypto Pivot

• Meta Settles: $14 Billion Payout

• Intel's Rocky Road

• Google's Ad Blunder

• Olympic Stars Go Viral

  and more…

Read Time: 3 mins 5 secs

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Jobs of the day

• Salesperson- Remote opportunity! No experience necessary! 65k-180k

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BUSINESS

Trump's Crypto Pivot: From Skeptic to Bitcoin Advocate

In a surprising move, former President Donald Trump has thrown his weight behind Bitcoin and cryptocurrency, marking a significant shift from his previous skepticism. Speaking at a recent rally, Trump unveiled his plans to establish the U.S. as a global leader in digital currency innovation. He emphasized the need for economic freedom and the importance of decentralizing financial power. Read more

Meta Settles: $14 Billion Payout Over Facial Recognition Data Lawsuit

Meta Platforms has agreed to a $14 billion settlement with the state of Texas over a lawsuit concerning the misuse of facial recognition data. This landmark case, one of the largest of its kind, underscores the growing scrutiny over tech giants' handling of personal information. Read more

Summer Spending Surge: Discounts Drive Consumer Purchases

This summer, retailers are seeing a surge in consumer spending, thanks to a wave of enticing discounts. As economic uncertainties loom, businesses are strategically slashing prices to attract budget-conscious shoppers, resulting in a boost to the retail sector. These discounts have successfully kept consumer spending robust, despite inflation and economic challenges. Read more

TECH

Today in AI & Tech

• Intel's Rocky Road

  Intel's stock took a hit after the company missed analyst estimates and provided weak guidance. Layoffs are anticipated as the semiconductor giant grapples with a challenging market environment. Despite efforts to recover, Intel faces significant hurdles in maintaining its market position.

• Google's Ad Blunder

  Google pulled its controversial "Dear Sydney" Gemini AI ad amid backlash. The ad, intended to promote the upcoming NBC Olympics, faced criticism for its portrayal of AI interactions, leading to its swift removal. This incident underscores the delicate balance tech companies must maintain in advertising.

• Akon's Utopia Stalled

  Akon's ambitious multibillion-dollar futuristic city in Africa has hit a major roadblock. The project received a final notice, putting its future in jeopardy. This setback raises questions about the viability and planning of such grand-scale ventures in developing regions.

• Apple's China Challenge

  Apple reported a drop in iPhone sales, particularly in the Chinese market, impacting its earnings. The tech giant faces stiff competition and regulatory hurdles in China, crucial for its global strategy. Apple's efforts to regain momentum in this key market will be closely watched.

• Twitter Returns to Mac

  Twitter's app is making a return to the Mac Store in 2024, after a previous withdrawal. This move signals Twitter's renewed focus on expanding its presence across platforms, aiming to enhance user experience and engagement on Apple devices.

OLYMPICS

Olympic Stars Go Viral

In the 2024 Paris Olympics, certain athletes are capturing attention not just for their performances but for their unique styles and online presence. South Korean shooter Kim Yeji and American rugby player Ilona Maher are prime examples, each bringing something special to the games.

Kim Yeji's Viral Coolness

Kim Yeji has taken the internet by storm with her effortlessly cool demeanor and unique look during competitions. She won a silver medal in the women's 10m air pistol event, but it’s her distinctive style—complete with bespoke shooting glasses and an all-black outfit—that has captivated fans worldwide. Her viral moment came when she appeared calm and collected while breaking a world record in the 25m pistol event earlier this year. Adding to her charm, Kim competes with a stuffed elephant toy, a good luck charm from her daughter, which has further endeared her to fans​ (Paris 2024 Olympics)​​.

Ilona Maher: Rugby Star and TikTok Queen

Ilona Maher, a star of the U.S. women's rugby team, is not only excelling on the field but also dominating social media. With nearly 2 million followers on TikTok, Maher has become a viral sensation through her engaging and humorous content. Her presence has significantly elevated the profile of women’s rugby, particularly as the U.S. team won its first Olympic medal in the sport. Maher's ability to connect with fans through candid videos about her experiences at the Olympics has made her a beloved figure both on and off the pitch​.

These athletes are redefining what it means to be an Olympian in the digital age, merging athletic prowess with compelling personal brands that resonate with global audiences.

It's a Wrap!

Thank you for joining us in this journey through the latest updates and insights. Your engagement and support mean the world to us. We hope you found this newsletter both informative and inspiring. Stay tuned for more exciting news and stories in our next edition.

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Warm regards,
Garry