
 | From the Editor's Desk
The Single Biggest Mistake Crushing Your Company - Inc.com (No paywall) My co-founder and I built BottleKeeper, an e-commerce brand, from $0 to $8,000,000 in three years with no employees, investors, or debt. We were acquired with just four team members as an eight-figure revenue company. Now, that is an "after the fact" sound bite that was nearly a decade of struggle and almost came to a catastrophic end on countless occasions.
Yes, we made a lot of mistakes at BottleKeeper, but we also built a healthy business that was efficient and profitable. This wasn't an accident, it was intentional. Now I can share hard-earned lessons to help other early-stage operators and e-commerce entrepreneurs achieve outweighed results.
Continued here
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WorkOpinion | What Schumer and Biden Got Right About Netanyahu  Before I explain why, I want to be very clear about one thing that Schumer and Biden have also made clear: The war in Gaza was forced on Israel by a vicious attack by Hamas on Israeli border communities, populated by the most dovish Israelis in the country’s political spectrum. If you are calling for a “cease-fire now” in Gaza and not a “cease-fire and hostage release now,” it’s making the problem worse. Because it just feeds Israelis’ fears that the world is against them, no matter what they do. WorkMamiko Tanaka: Who Is Shohei Ohtani's Wife?  After dropping a bombshell last month that he was newly wed, Los Angeles Dodgers player and baseball sensation Shohei Ohtani sent fans into a frenzy on Thursday, revealing the identity of his wife, who had until now remained a mystery.
WorkPay to work: Rappi now charges delivery drivers in Brazil a weekly fee  On January 1, Breno de Souza, a Rappi delivery worker in São Paulo, was met with an unpleasant surprise when he logged on to the app to start his first shift of the year: an unexplained debt of 12 reais ($2.40) on his account. He then found out that it was Rappi’s new service fee for workers. WorkWe're one step closer to a global cybersecurity standard
WorkWorkReddit, YouTube must face lawsuits claiming they enabled Buffalo mass shooter  Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
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WorkReddit Co-Founder Steve Huffman Says Site Protests Are a Feature, Not a Bug - Inc.com (No paywall)  Co-founder and chief executive Steve Huffman and his executive team took a break from their IPO roadshow on Monday to post a video responding to questions they'd solicited from Redditors. In the video, Huffman addressed threats to the business and to its users' experiences from artificial intelligence, from protests within the site itself, and from the additional financial pressures it could face as a public company beholden to increasing shareholder value. Work
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WorkNvidia enlists humanoid robotics' biggest names for new AI platform, GR00T | TechCrunch  It’s tough to argue with Nvidia CEO Jensen Huang when he notes, “Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today.” The humanoid form factor is one of the most hotly contested topics in the world of robotics at the moment, raising venture capital by the boatload, while generating massive skepticism along the way. WorkBiden’s Climate Law Has Created a Growing Market for Green Tax Credits  Typically, in order to cash in on tax incentives, American companies need to have high enough revenue and profits to generate significant federal tax liability. That has made it hard for small companies, start-ups and others struggling to turn a profit to benefit from the climate law. So the Inflation Reduction Act’s authors created what are effectively two workarounds to help the law boost those companies, both of which require registering projects with the I.R.S. WorkWalter Massey, a Physicist With a Higher Calling  That pondering would shape his career. Dr. Massey thrust himself into supporting Black students at a time when colleges around the country were adjusting to court-ordered integration. He bolstered education at underserved high schools to better prepare aspiring Black scientists for the rigor of college. And he helped found the National Society of Black Physicists, which has grown to support thousands of students and professionals in the field. WorkOpinion | The Islamophobic Smear Campaign Dividing Democrats  This is an outrage. The attacks on Mangi are utterly disingenuous. Major Jewish organizations, including the Anti-Defamation League, have made statements of support for Mangi, whose pro bono legal work has focused in part on fighting for religious liberty and against religious bias across multiple faiths. The American Jewish Committee, which has joined several amicus briefs to the Supreme Court led by Mangi, described him as “a person of integrity, champion of pluralism, and adversary of discrimination against any group.” WorkWorkWorkWorkBiden Looks to Shore Up Latino Support in Visit to Nevada and Arizona  Democrats have in recent years relied on Latino voters, particularly in states like Nevada and Arizona, which could tip the 2024 presidential election. Latinos make up roughly one in four eligible voters in Arizona and Nevada — states Mr. Biden won in 2020. But Mr. Trump has found support among many in the diverse Latino electorate, including evangelicals and those focused on border security. Mr. Trump has appealed in particular to Latinos without college degrees, an educational divide that has captured the attention of the White House. WorkOutside Groups Pledge Over $1 Billion to Aid Biden’s Re-election Effort  “The sheer scale of what we’re talking about has never been seen before in our country’s history,” said Tiffany Muller, the president of End Citizens United, the government reform advocacy group working to limit the ability of these types of outside groups to spend unlimited sums on elections. WorkTrump Sues ABC and Stephanopoulos, Saying They Defamed Him  Mr. Trump, who often galvanizes his supporters by attacking the press, has filed a string of unsuccessful defamation suits against major media organizations. Federal judges have dismissed his suits against CNN, The New York Times and The Washington Post. WorkWorkWorkWorkWorkJapan raises interest rates for first time in 17 years  The decision to finally hike rates hinged on the country\'s major corporations increasing wages for their workers to help them cope with the rising cost of living, Nobuko Kobayashi from consulting firm EY-Parthenon told the BBC. WorkFed Meets Amid Worries That Inflation Progress Might Stall  “The Federal Reserve should not be in a race to cut rates,” said Joseph Davis, Vanguard’s global chief economist, explaining that the economy has held up better than would be expected if rates were weighing on growth drastically, and that cutting prematurely risks allowing inflation to run warmer in 2025. “We have a growing probability that they don’t cut rates at all this year.” WorkJail Cells? Morgues? Your Cruise Ship Has Some Surprises for You.  The brig, usually a bare-bones room with a bed and bathroom facilities, does not have iron bars like a traditional jail cell. It is used to detain guests who commit serious crimes like assault or possession of illegal substances. Drunk and disorderly passengers may be put under “cabin arrest,” meaning they cannot leave their cabin without a security escort. WorkWorkJapan Raises Interest Rates for First Time in 17 Years  The central bank also scrapped policies in which it bought Japanese government bonds, as well as funds that invest in real estate or track stocks, to keep a lid on how high market rates can go, encouraging businesses and households to borrow. The bank had been slowly relaxing the policy over the past year, resulting in higher yields on debt as the country’s growth prospects improved. WorkFrom Russia, Elaborate Tales of Fake Journalists  Ever since its forces invaded two years ago, Russia has unleashed a torrent of disinformation to try to discredit Ukraine’s leader, Volodymyr Zelensky, and undermine the country’s support in the West. WorkThe Unbearable Vagueness of Medical ‘Professionalism’  As a result, professionalism exists at two levels, as both a lofty standard of behavior and a (sometimes literal) list of dos and don’ts that blur ethics and appearance. That second meaning can prove particularly pernicious to residents of color, said Dr. Adaira Landry, an adviser at Harvard Medical School and co-author on a recent journal article on the “overpolicing” of Black residents. WorkOne Thing Most Countries Have in Common: Unsafe Air  The few oases of clean air that meet World Health Organization guidelines are mostly islands, as well as Australia and the northern European countries of Finland and Estonia. Of the non-achievers, where the vast majority of the human population lives, the countries with the worst air quality were mostly in Asia and Africa. WorkFood Experts Predict ‘Imminent’ Famine in Northern Gaza  As Israeli negotiators arrived in Qatar for a new round of talks on a cease-fire and the release of hostages held by Hamas and its allies, President Biden had a phone conversation with Prime Minister Benjamin Netanyahu of Israel on Monday, according to Jake Sullivan, the president’s national security adviser. WorkWorkPutin Hails Conquests in Ukraine in Red Square Spectacle  Underscoring the artificial nature of the election, Mr. Putin brought the three puppet competitors the Kremlin had picked to run against him onto the stage on Red Square and offered each a turn at the microphone, saying they all took “different approaches” but had “one Motherland.” WorkOprah Takes on Weight Stigma in the Ozempic Era  “People just are constantly getting this message, both internal bias and then external bias from other people,” she said. Some might think, “‘I shouldn’t have to rely on medication, I shouldn’t be dependent on them,’” she added. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkCricket Australia cancels men's T20 against Afghanistan due to concern over women's rights  The decision to call off last year's ODI series prompted criticism from the Afghan Cricket Board, which labelled the boycott "pathetic" and "extremely disappointing", while Afghanistan's T20 captain, Rashid Khan, threatened to quit playing in the Big Bash League in response. He eventually signed for the Adelaide Strikers, but injury ruled him out of the tournament. |
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