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- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
Algorithms Wont Solve All Your Pricing Problems
Marco Bertini, marketing professor at Esade Business School, says more
and more companies are turning to pricing algorithms to maximize
profits. But many are unaware of a big downside. The constant price
shifts can hurt the perception of the brand and its products. He warns
that overreliance on artificial intelligence and machine learning
without considering human psychology can cause serious damage to the
customer relationship. And he outlines steps managers should take,
including implementing guardrails, overrides, and better communication
tactics. With London Business School professor Oded Koenigsberg,
Bertini wrote the HBR article “The Pitfalls of Pricing
Algorithms.”
Continued here
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_TradeBriefs: Newsletters for Decision-Makers!_
Work
When a Miracle Cure Is Left on the Shelf - Bloomberg
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Modifying DNA was supposed to be a game changer. But drug companies
and Wall Street are pulling back from the expensive-to-produce
treatments, leaving parents to fund research on their own.
Work
Israel says it might have killed Hamas leader Yahya Sinwar - FT
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Israeli military examines possibility that elusive target was one of
three militants killed during IDF operations in Gaza
Work
Blackstone plans to list some of its largest investments - FT
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Sluggish asset sales hit third-quarter profits at worlds biggest
private capital group
Work
Citadel Staffs Fund Stake Triples to $9 Billion in Four Years -
Bloomberg [[link removed]}&lead=419599&emailid=80218&nl=daily]
Strong returns and deferred capital boosted employees assets
Work
China considering higher tariffs on car imports - WSJ
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China reiterated that it may raise tariffs on imported
internal-combustion-engine cars with large engines sizes, after the
European Union voted earlier this month to increase import duties on
China-made electric vehicles.
Work
ECB accelerates rate cuts to counteract flagging growth - WSJ
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The European Central Bank lowered interest rates for the second
meeting in a row, speeding the pace of rate cuts to support an economy
flashing increasing signs of weakness. The ECB said it would reduce
its key interest rate to 3.25% from 3.5%. That widens a gap in
benchmark borrowing costs with the Federal Reserve.
Work
AI agents can do more than answer queries. That raises a few
questions. - WSJ [[link removed]}&lead=419599&emailid=80218&nl=daily]
The spotlight in artificial intelligence is moving from chatbots to
so-called agents, autonomous AI that can follow complex instructions
and perform tasks from checking a car rental reservation at the
airport to screening potential sales leads.
Work
Weight-loss drugs cut drug and alcohol abuse, according to new study -
WSJ [[link removed]}&lead=419599&emailid=80218&nl=daily]
Drugs such as Novo Nordisk’s blockbuster Ozempic can cut drug and
alcohol abuse by up to 50% according to a new study, adding to
mounting evidence that the drugs yield health benefits beyond diabetes
and weight loss.
Work
Sam Altman's Worldcoin startup is dropping the coin and doubling down
on Orbs
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According to the company’s website, almost 7 million people have
been scanned by World Orbs to date. Everyone in attendance at the San
Francisco launch event received a free Orb for their human identifying
needs.
Work
The GLP-1 telehealth boom, Senate investigation of MA plans, and the
fall of a cancer startup
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Mario Aguilar covers technology in health care, including artificial
intelligence, virtual reality, wearable devices, telehealth, and
digital therapeutics. His stories explore how tech is changing the
practice of health care and the business and policy challenges to
realizing tech's promise. He’s also the co-author of the free, twice
weekly STAT Health Tech newsletter.
Work
Expedia stock rises 6% because Uber might be eyeing a takeover
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Although, as Uber has focused on autonomous driving, the company has
purchased stakes in and struck partnerships with self-driving
companies, such as Aurora, Waabi, and China’s DiDi. In August, Uber
invested an undisclosed amount of cash in British self-driving startup
Wayve. It also has deals with BYD (BYDDY-1.55%), Google’s Waymo
(GOOGL-1.34%), and General Motors (GM+0.77%)’ Cruise.
Work
ESPN faces $146K fine for using emergency alert tones in NBA ads
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This is the third time the network misused an emergency tone on air.
The FCC issued a $1.12 million fine as part of a forfeiture order in
2015 when ESPN used EAS tones a total of 13 times across three of its
cable networks. ESPN violated EAS tone usage rules a second time
during an airing of one of its 30 for 30 documentaries Roll Tide/War
Eagle, leading to a $20,000 fine in 2021.
Work
Apple Pay now works with third-party iOS and desktop browsers
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Apple is now starting to support third-party buy now, pay later (BNPL)
services in Apple Pay. This starts with the option to check out with
Klarna in the US and UK. The company will add more installment payment
options in the future, including Citi, Synchrony and eligible Apple
Pay issuers via Fiserv in the US. Klarna will also be available as an
option in Canada at a later date. Apple discontinued its own Pay Later
option earlier this year
Work
2K Games wades into risky waters and announces a free-to-play hero
shooter
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This community playtest goes until October 20 in the US, Canada,
Mexico and much of Europe. There is a fairly annoying hurdle to jump
through to access the early build. You have to complete a Twitch Drop
and stream 30 minutes of content from one of 2K’s partner creators.
There’s no information yet regarding an actual release date for
people who don’t want to sit through a 30-minute stream.
Work
The USB-C Apple Pencil drops to a new all-time low of $65
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Apple released its USB-C Pencil in late 2023 as a cheaper option than
its counterparts, the second generation Apple Pencil and Apple Pencil
Pro. This Pencil is compatible with all iPads with a USB-C port and
offers the hover feature when using an M2 iPad Air or the iPad Pro. It
also has some great perks like low latency, tilt sensitivity and
pixel-perfect accuracy. However, it doesn't have pressure sensitivity
like its fellow Apple Pencils.
Work
DJI confirms that US customs is holding up its latest consumer drone
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While the US House of Representatives did pass the a bill to block
DJI's drones, the Senate removed that clause from the 2025 National
Defense Authorization Act. It was later re-introduced as an amendment,
though, and could still make it into the final bill. If so, imports of
new DJI drones could be blocked, but a ban wouldn't likely prohibit
current owners from using them. DJI has a massive share of the
worldwide drone market upwards of 70 percent as of 2021, according to
Statista. including as much as 90 percent by public safety officials.
Work
Welcome to America's hottest comedy club: LinkedIn - Business Insider
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Ken Cheng doesn't believe in giving his employees raises to boost
productivity. He has a simpler solution: Take away their desk chairs.
Without the ability to sit, workers are more alert and inspired, he
wrote on LinkedIn.
Work
America's chipmaking push will continue no matter who gets elected -
Business Insider [[link removed]}&lead=419599&emailid=80218&nl=daily]
Four industry experts told Business Insider that the Biden
administration's efforts to boost the domestic production of
semiconductor chips that power everything from iPhones to cars are
likely to continue regardless of whether Vice President Kamala Harris
or former President Donald Trump is sworn into office this January.
Work
Melbourne psychologist who had sexual relationship with client barred
from practising for five years
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In Australia, support is available at Beyond Blue on 1300 22 4636,
Lifeline on 13 11 14, and at MensLine on 1300 789 978. In the UK, the
charity Mind is available on 0300 123 3393 and Childline on 0800 1111.
In the US, call or text Mental Health America at 988 or chat
988lifeline.org
Work
EU considers offshore centres for deportees as it hardens on migration
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“A thousand migrants have landed in Lampedusa in the last few hours,
and only 16 left Lampedusa for Albania on an 80-metre military ship
with 70 sailors on a cruise that cost at least €250,000 just for
fuel,” said Dolores Bevilacqua, from the Five Star Movement,
speaking in the Italian senate on Wednesday. “These numbers best
describe the failure of the Albania plan, through which Meloni aimed
to ease the congestion of the Lampedusa reception centre.”
Work
Overwhelming majority of young Americans worry about climate crisis
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Although less studied, Galea said, “having stressors around climate,
worsening of the planet, fear of things like conflict – those are
all very plausibly associated with poor mental health.”
Work
Expo+ 2-for-1 Passes available for Disrupt 2024 | TechCrunch
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Disrupt 2024 is just around the corner! Don’t miss out on your final
chance to pocket real savings before the offer ends on October 27 at
11:59 p.m. PT. Register for your Expo+ 2-for-1 passes here.
Work
Databricks, Snowflake and Battery Ventures at Disrupt 2024 |
TechCrunch
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Tickets are going fast, so secure yours today for a front-row seat to
this crucial dialogue, only happening at Disrupt 2024, October 28-30,
at Moscone West in San Francisco. Secure your pass before prices go up
at the door.
Work
The top VCs to judge the Startup Battlefield Final at Disrupt 2024 |
TechCrunch
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The Startup Battlefield winner, who will walk away with a $100,000
equity-free prize, will be announced at Disrupt 2024 — the startup
epicenter. Join 10,000 attendees to witness this groundbreaking moment
and see the next wave of tech innovation.
Work
UK digital 'end-of-life' services startup Farewill acquired for $16.8M
| TechCrunch
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“At Farewill, our mission has always been to make the end-of-life
experience as straightforward and stress-free as possible,” Farewill
co-founder and CEO Dan Garrett (pictured above with Dignity CEO Zillah
Byng-Thorne) said in a statement. “Joining forces with Dignity
allows us to stay true to that mission while benefiting from the
experience and resources of a company that has been a trusted name for
generations.”
Work
Lucid stock tanking as EV maker announces share sale ahead of SUV
launch
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The big question will be whether Lucid can build the Gravity SUV
efficiently and come in below cost. The Gravity is expected to start
around $80,000 in the US, right at the eligibility threshold for the
federal EV tax credit.
Work
Atul Gawande on the problem that's even 'bigger' than health care
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“Whether it’s wearing a mask or taking cancer chemotherapy, the
questions are the same,” he told the audience. “What are you
willing to sacrifice? What are you not willing to sacrifice for the
sake of more time?”
Work
More evidence on GLP-1s and opioid addiction
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“While we do not believe causality has been established for this
serious adverse event, we are committed to working expeditiously to
fulfill requests for more information from the FDA,” said Novavax
chief medical officer, Robert Walker, who added the company hopes the
hold will be cleared so it can start a Phase 3 trial.
Work
Taylor Swift shook off publishers for her new book. That could spell
trouble for the rest of the industry. - Business Insider
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Swift announced on "Good Morning America" Tuesday that the $39.99
commemorative book, set for release on Black Friday, would offer a
behind-the-scenes look at her record-breaking Eras Tour and include
musings from the star.
Work
Why Latino Voting Rights Activists Are Worried About Election
Disinformation
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The threat of foreign influence on this year’s election is among
them. In recent months, the Justice Department indicted an American
commentator for Russian television and his wife. The United States has
accused Russia’s global television network, RT, of serving as an arm
of that country’s intelligence agencies, and social media companies
have escalated their efforts to block content from the station and
other Russian media outlets.
Work
Trump's In-Law Is Trying to Exploit Democrats' Weakness With Arab
American Voters
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In 2020, these overlapping but different constituencies — many Arab
Americans are Christian — largely rejected Mr. Trump, who as a 2016
candidate proposed a national registry of Muslims and vowed a “total
and complete” ban on Muslims entering the United States. But the war
in Gaza and Lebanon has strained their support for Democrats, and Mr.
Boulos and Mr. Grenell have set out to exploit the weakness.
Work
Donald Trump's mass deportations could 'decimate' America's food
supply
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This article originally appeared in Grist at
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Grist is a nonprofit, independent media organization dedicated to
telling stories of climate solutions and a just future. Learn more at
Grist.org
Work
Can AI make us feel less alone? The founder of Manifest thinks so |
TechCrunch
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Amanda Silberling is a senior writer at TechCrunch covering the
intersection of technology and culture. She has also written for
publications like Polygon, MTV, the Kenyon Review, NPR, and Business
Insider. She is the co-host of Wow If True, a podcast about internet
culture, with science fiction author Isabel J. Kim. Prior to joining
TechCrunch, she worked as a grassroots organizer, museum educator, and
film festival coordinator. She holds a B.A. in English from the
University of Pennsylvania and served as a Princeton in Asia Fellow in
Laos.
Work
Mark Cuban mocks Trump's tariff ideas at Harris campaign rally as Elon
Musk tours PA with pro-Trump PAC
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"And so to say that we're going to tariff 10% or 20% or 60% for China
or any other company, countries, that's just inflationary, and that's
just the tax on the American people. That's a sales tax through and
through," Cuban said on that Sept. 24 call.
Work
Opinion | How Trump's Radical Tariff Plan Could Wreck Our Economy
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And when I say the good old days, I mean old. High tariffs were a
consistent feature of American policy from the Civil War through 1933,
but in 1934 we turned to a policy of reducing tariffs on other
countries’ exports in return for lower tariffs on our exports.
Work
Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone,
Uber and more
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These are the stocks posting the largest moves midday.
Work
Why AT&T May Have Just Become an Even Better Dividend Stock to Own
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David Jagielski has no position in any of the stocks mentioned. The
Motley Fool recommends Intel and recommends the following options:
short November 2024 $24 calls on Intel. The Motley Fool has a
disclosure policy.
Work
Robinhood launches platform to go after bigger, more active traders
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Robinhood said it had $139.7 billion in assets under custody at the
end of the second quarter, along with 11.8 million monthly active
users. For the comparable quarter in 2021, near the height of the
GameStop mania, Robinhood reported $102 billion in assets but 21.3
million monthly active users. The firm's next earnings report is
scheduled for Oct. 30.
Work
UK regulator warns of big fines, service suspensions for tech giants
ahead of new safety rules
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"I would appreciate an update from you on the assessment Ofcom has
made about how illegal content, particularly disinformation, spread
during the period of disorder; and if there are targeted measures
which Ofcom is considering for the next iteration of the illegal harms
code of practice in response," Kyle said in the letter, which was
posted on social media platform X.
Work
Want Decades of Passive Income? 2 Stocks to Buy Right Now
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Stock Advisor provides investors with an easy-to-follow blueprint for
success, including guidance on building a portfolio, regular updates
from analysts, and two new stock picks each month. The Stock
Advisor service has more than quadrupled the return of S&P 500 since
2002*.
Work
PPG to lay off 1,800 employees in U.S., Europe in cost-cut push
[[link removed]}&lead=419599&emailid=80218&nl=daily]
PPG said the program was focused on reducing structural costs
primarily in Europe and in certain other global businesses, along with
other corporate costs after recent agreements to sell two of its
businesses.
Work
Cheap AI "video scraping" can now extract data from any screen
recording
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
The Sisterhood faces a powerful foe in Dune: Prophecy trailer
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
Redbox hack reveals customer info. from 2K rentals
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
How the Malleus maleficarum fueled the witch trial craze
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
US vaccinations fall again as more parents refuse lifesaving shots for
kids
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
Here's how SIM swap in alleged bitcoin pump-and-dump scheme worked
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
It's increasingly unlikely that humans will fly around the Moon next
year
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
EU considers calculating X fines by including revenue from Musk's
other firms
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
Work
Android 15's security and privacy features are the update's highlight
[[link removed]}&lead=419599&emailid=80218&nl=daily]
Ars Technica has been separating the signal from the noise for over 25
years. With our unique combination of technical savvy and wide-ranging
interest in the technological arts and sciences, Ars is the trusted
source in a sea of information. After all, you don’t need to know
everything, only what’s important.
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