Daily Pulse: The Future of Twitter's Board, Amazon vs Google & Apple, Cars are Flying off the Lot
Throw The Bums Out: Major Twitter shareholder and outspoken board critic Chris Sacca believes there will be “immediate turnover” of directors once Jack Dorsey is officially named permanent CEO. And as far as he's concerned, it won't be a minute too soon. "This board has been a disaster from the beginning,” Sacca said on CNBC. “... it's the outside board members who fired both of the founders of this company. Those are the founders that took us from zero users to 200 million users in just a few years; since then we have seen professional managers come in and go sideways with this.” Sacca also said he wouldn't buy Twitter right now, and could be his advice was heard: Shares in the company, which spiked on Dorsey news yesterday, tanked more than 8% today as investors got back to "being anxious."
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Stream You: Amazon is ending sales of Apple TV and Google Chromecast streaming media devices because they don’t play nicely with Amazon’s own offering: Prime Video. Roku, Xbox and PlayStation — which do — aren’t affected. It’s a pretty bald flex, and the e-commerce giant isn’t even trying to put a fig leaf on it. "Over the last three years, Prime Video has become an important part of Prime," Amazon said in a letter to marketplace sellers, as reported by Bloomberg’s Spencer Soper. "It’s important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion." I wonder how many customers will be confused they can’t get two of the most popular streaming devices on Amazon anymore.
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Nine’s a Charm: Economists surveyed by Bloomberg are predicting “a meaningful jump” in wages — 2.4%, the most since August 2009 — when Friday morning’s jobs report for September is released. For the record, this braintrust has been wrong all eight times this year — four times in each direction — Michelle Jamrisko reports in the interest of full disclosure. So why the optimism? “For starters, jobless claims remain at their lowest in decades, the unemployment rate is at a seven-year low and measures of slack in the labor market are making further progress toward pre-recession levels,” Jamrisko writes. “In other words, the jobs market is tilting more toward the worker, pressuring employers to pony up on wages (or other incentives) in a bid to attract and retain staff.”
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Hot Cars: US auto sales “accelerated to a blistering pace in September,” positioning Detroit for its best year since 2000, Anne Steele and Jeff Bennett report for The Wall Street Journal. GM, Fiat/Chrysler and Ford each posted double-digit year-over-year increases and project a total sales of more than 18 million vehicles for September.
#Quote
"This integration has been rocky. Period."
— United Continental Holdings CEO Oscar Munoz, on the 2010 merger
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Cover Art: A baby manatee plays against the glass in one of its very first public appearances on October 1, 2015 in Genoa, Italy. The baby manatee is the only one in Italy and there are only 10 zoos in Europe with these herbivorous marine mammals. (Photo by Awakening/Getty Images)
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What you may have missed — and simply must read:
- How I Ended Up Purchasing & Owning Google.com (That's right ...)
- Among the Unicorns, there are plenty of cockroaches — and that's a good thing, argues Caterina Fake
- App-makers may have figured out a way to suck even more money out of your wallet faster
- How do you get attention in a world full of distractions? Former @Uber product head Mina Radhakrishnan weighs in
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- Missed the last update? Check out 'Peace Breaks Out Between Google and Microsoft, You Don't Want to be a Peeple Person, Jack Dorsey's Real Conflict'
- Twice a day we share the news professionals need to know. Never miss one again: Download the Pulse app.
Student at ??????
9 年?? ???? .... vere nice
Senior Project Manager and Business Consultant ?? Translation Secrets
9 年I advise to focus on the theory of energy and the theory of attraction. They are great business theories.
Founder/President General
9 年great!
AMEN!!