- 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.”
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WorkChina considering higher tariffs on car imports - WSJ 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. WorkECB accelerates rate cuts to counteract flagging growth - WSJ 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.
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WorkExpedia stock rises 6% because Uber might be eyeing a takeoverAlthough, 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. WorkESPN faces $146K fine for using emergency alert tones in NBA adsThis 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.
WorkApple Pay now works with third-party iOS and desktop browsersApple 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 Work2K Games wades into risky waters and announces a free-to-play hero shooterThis 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.
WorkThe USB-C Apple Pencil drops to a new all-time low of $65Apple 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. WorkDJI confirms that US customs is holding up its latest consumer droneWhile 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. WorkWorkWorkWorkEU considers offshore centres for deportees as it hardens on migration“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.” WorkWorkWorkWorkWorkUK digital 'end-of-life' services startup Farewill acquired for $16.8M | TechCrunch“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.” WorkWorkWorkMore evidence on GLP-1s and opioid addiction“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. WorkWorkWhy Latino Voting Rights Activists Are Worried About Election DisinformationThe 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. WorkTrump's In-Law Is Trying to Exploit Democrats' Weakness With Arab American VotersIn 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. WorkDonald Trump's mass deportations could 'decimate' America's food supplyThis article originally appeared in Grist at https://grist.org/food-and-agriculture/mass-deportation-food-trump-immigration-agricultural-workers-us-labor-supply/. Grist is a nonprofit, independent media organization dedicated to telling stories of climate solutions and a just future. Learn more at Grist.org WorkCan AI make us feel less alone? The founder of Manifest thinks so | TechCrunchAmanda 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. WorkWorkOpinion | How Trump's Radical Tariff Plan Could Wreck Our EconomyAnd 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. WorkWorkWorkRobinhood launches platform to go after bigger, more active tradersRobinhood 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. WorkWorkWant Decades of Passive Income? 2 Stocks to Buy Right NowStock 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*. WorkWorkCheap AI "video scraping" can now extract data from any screen recordingArs 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. WorkThe Sisterhood faces a powerful foe in Dune: Prophecy trailerArs 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. WorkRedbox hack reveals customer info. from 2K rentalsArs 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. WorkHow the Malleus maleficarum fueled the witch trial crazeArs 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. WorkUS vaccinations fall again as more parents refuse lifesaving shots for kidsArs 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. WorkHere's how SIM swap in alleged bitcoin pump-and-dump scheme workedArs 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. WorkIt's increasingly unlikely that humans will fly around the Moon next yearArs 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. WorkEU considers calculating X fines by including revenue from Musk's other firmsArs 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. WorkAndroid 15's security and privacy features are the update's highlightArs 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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