Stay in the know in 60 seconds. July 31, 2018 1 min read Looks like that “free” Echo Spot on Amazon was too good to be true. A glitch over the weekend listed the $129 device as zero dollars, but the retailer has begun canceling those orders. Uber is shutting down its self-driving-truck program. The ride-hailing company initially entered the business after purchasing Otto, which was subsequently the subject of a lawsuit over allegations Otto founder Anthony Levandowski stole trade secrets from Google’s Waymo. Uber will focus its efforts on self-driving cars. And following recent incidents of business owners denying service to customers with beliefs that clashed with their own, 1,200 cities and companies, including Levi’s, Yelp and Lyft, have formed a coalition dedicated to serving all customers. Participating businesses will display an “Open for All” badge in store windows and on Yelp listings. Watch the previous 3 Things video: McDonald’s […]Read more
Stay in the know in 60 seconds. June 26, 2018 1 min read The FDA has approved the first marijuana-derived drug. Epidiolex, which will be used to treat epilepsy, is made from CBD and will not get you high. It should be on the market starting in the fall. Victims of the world’s biggest Bitcoin hack will finally be compensated. A Japanese judge ruled that Mt. Gox, the exchange hacked in 2011, can begin paying back ex-customers and debtors. Mt. Gox’s remaining crypto assets are today valued at over $1 billion. And you thought your commute was bad! A New Jersey comedian running late for a meeting with a potential manager in New York City decided to paddleboard across the Hudson River. He reportedly didn’t get a deal with the manager, but at least he’s got his 15 minutes of fame. Watch the previous 3 Things to Know video: Attack of […]Read more
Stay in the know in 60 seconds. June 19, 2018 1 min read Recent research published in Harvard Business Review found most leaders are unaware of their “fatal flaws,” and those flaws may make others think they’re bad leaders overall. Not sure what your weaknesses are — or if you even have any? Ask someone you trust to give you an honest assessment. We recently looked at the five worst leadership qualities, and some of them may surprise you. For example, did you know being overly optimistic makes you seem out of touch? An irrepressible can-do attitude also might have your team dreading living up to your sky-high aspirations. Another trait that surprisingly can be a negative for leaders is empathy. If you have more empathy for one particular person, or you’re only empathetic to those who are exactly like you, it can lead to poor decisions that exclude others. […]Read more
Elon Musk's Flamethrowers End up on eBay and Brands Throw Shade at IHOb! Here Are 3 Things to Know Today.
Stay in the know in 60 seconds. Read_more Related posts: Elon Musk Throws Shade at Robots! 3 Things to Know Today. Brands Using Video Marketing – High Paying Affiliate Programs This Entrepreneur Needed a New Tube of Toothpaste and Ended Up Creating One of the Top Natural Oral Care Brands Pros & Cons of Supplementing Your Sales with eBay and Amazon IHOP Changes Its Name to ‘IHOb’ and Reveals What the ‘B’ Stands for IHOP, #IHOb, And Lying To Your Fans As A Marketing Strategy Rise of the Chatbots (and the Brands Who Love Them) Why These People and Brands Are Fed Up With FacebookRead more
Stay in the know in 60 seconds. May 29, 2018 1 min read You might need to find an alternative for your afternoon caffeine fix today. Eight thousand Starbucks locations will close early for anti-bias training. The move follows an incident in which two black men were arrested at a Philadelphia store last month. Richard Branson says he has been going through astronaut and fitness training in preparation for a Virgin Galactic space tourism flight within months. He’s been playing tennis four times a day, as well as undergoing centrifuge training, which simulates what the human body endures during space flight. And if you can’t stop buying and selling Bitcoin, a rehab center in Scotland is offering treatment to people addicted to cryptocurrency trading. Experts say cryptocurrency addicts exhibit the same kinds of behaviors as problem gamblers. Watch the previous 3 Things video: Chipotle Is Getting a New HQ — and […]Read more
Research finds we overestimate our own abilities after watching how-to videos. May 23, 2018 2 min read The ready availability of online video tutorials means anyone can learn how to do anything. Right? Actually, maybe not. According to new research described in Harvard Business Review, merely watching someone do something can lead to an overinflated sense of one’s abilities to match that skill. Related: The Ultimate Guide to Learning Anything Faster In a series of experiments, the researchers tasked participants with watching videos of experts performing different skills — from moonwalking to completing a computer game — then asked how well the participants thought they could do the skill. The participants all greatly overestimated their own abilities to perform, especially when they watched the video multiple times. When starting your business, you’re likely doing a lot of the heavy lifting yourself, and may not be able to hire an expert to […]Read more
Stay in the know in 60 seconds. May 22, 2018 1 min read Who has the most mobile payment users — Apple? Google? Nope, it’s Starbucks. According to eMarketer, 23.4 million people will have made an in-store mobile payment at Starbucks by the end of 2018. Former President Barack Obama and Former First Lady Michelle Obama have new job titles — TV and film producer. The former first couple signed a multiyear deal with Netflix to produce “scripted series, unscripted series, docu-series, documentaries and features.” And a coalition of privacy and anti-monopoly groups have called on the FTC to break up Facebook by spinning off Instagram, Messenger and WhatsApp. The groups also want stronger privacy rules and the ability to transfer information and communications between social media networks. Watch the previous 3 Things video: Can Zuck Outdo Harry and Meghan’s Royal Wedding? 3 Things to Know Today. Read_more Related posts: 5 […]Read more
Stay in the know in 60 seconds. May 15, 2018 1 min read A Supreme Court ruling paves the way for states to authorize betting on professional and college sports. The 6-3 decision seems likely to have states scrambling to put plans in place for a new revenue stream. Despite opposition from Amazon, Seattle’s city council passed a law taxing large companies $275 per employee, per year to finance affordable housing and homeless services in the city. Other companies that will have to pay the tax include Starbucks, Nordstrom, Apple, Google and Facebook. And in another blow to Amazon, there has been a 33 percent decline in U.S. babies named Alexa since the Echo launched in 2015. Last year, 3,883 baby girls were named Alexa. Only 20 babies were named Siri. Watch the previous 3 Things to Know video: Elon Musk Announces a Tesla Hackathon Amidst Departure of Top Execs. Read_more […]Read more
Stay in the know in 60 seconds. May 8, 2018 1 min read Uber gave us a peek at its flying car prototype, which looks more like a giant drone than a helicopter. If Uber has its way, you’ll be able to take one of its aerial taxis in two to five years. Initial prices will be similar to those of Uber Black, eventually coming down to the cost of an Uber X. Consumer Cellular plans to add a tablet for older consumers called a “GrandPad.” The simplified device will feature large icons for limited functions such as video chats, email and photos, as well as a special version of Lyft that will debut this summer. And Disney is set to report a Marvel-lous bump in second-quarter earnings thanks to the huge success of Black Panther. The superhero movie could account for 10 percent of the entertainment company’s operating profit […]Read more
WhatsApp's CEO Leaves Facebook and 'SpongeBob' Takes on 'Mean Girls' at the Tony's. Here Are 3 Things to Know Today.
Stay in the know in 60 seconds. Read_more Related posts: Facebook Freakout, Tony Robbins Apologizes and Do You Have What It Takes to Make Coffee for Elon Musk? 3 Things to Know Today. The Coffee Shop Is Sexier than The Bar A Cult Craft Brewer Says Its ‘Beer For Girls’ Is Satire — But Women Are Slamming the Company for the ‘Lazy Stunt’ Shooting at Annapolis Newspaper Leaves 5 Dead. Its Journalists Have Been Courageously Covering the Attack Ever Since. I’ve Gone From Entrepreneur to the Corporate World and Back Again. This Is What It Takes to Lead a Company. Make Money Online, Cars & Coffee, Widget Takes A Dump, and More… Why These Teenage Girls Started a CBD Lifestyle Brand This Startup Investor Wants to Prove That ‘Nice Girls’ Don’t Have to Finish LastRead more
Whether or not they got an investment on the show, these entrepreneurs succeeded with the crowd. April 23, 2018 3 min read In season 1 of Entrepreneur Elevator Pitch — a pitch competition show where contestants have 60 seconds to present their ideas in an actual elevator — founders gave it their all to reach the boardroom for a chance to convince a panel of investors to back their businesses. But for many, the fundraising journey didn’t start or end in the elevator. Elevator Pitch entrepreneurs also had the opportunity to list their ideas on crowdfunding site Indiegogo. In total, these ideas raised $492,000. Read on to see which ones raised the most. Be sure to tune in for season 2 of Entrepreneur Elevator Pitch, premiering April 25. Related: Season Two of ‘Entrepreneur Elevator Pitch’ Is on a Whole New Level Wonderffle Stuffed Waffle Iron, $9,925 Though the judges were enticed […]Read more
Stay in the know in 60 seconds. April 3, 2018 1 min read Stephen Hawking’s funeral was held on Saturday, and his family gave thanks to the city of Cambridge, the genius physicist’s longtime home, by making a donation to a local charity that offers meals to the hungry. The donation will provide hundreds of meals to those in need. With Tesla’s Model 3 production still not where it needs to be, Elon Musk is back to sleeping at the factory. The CEO has personally taken over the car’s production as the company also deals with a massive recall of Model S vehicles and new details that a fatal Tesla crash involved the car’s Autopilot. And electric scooters have flooded the streets of San Francisco. A swath of scooter-sharing startups that don’t require users to leave the motorized rentals at a docking station has led some residents to complain, “You […]Read more
Stay in the know in 60 seconds. March 27, 2018 1 min read Mark Zuckerberg has opted not to appear before a U.K. parliamentary committee to answer questions on recent allegations about the misuse of user data. He will send a deputy instead. A survey of 1,000 college students by the Student Loan Report found more than one-fifth have used their loan money to buy cryptocurrency like Bitcoin. Technically students can use leftover loan money for whatever they want, and spending it on Cryptokitties or Dogecoin may turn out to be a better investment than an end of semester keg party. Tired of your usual office space? A section of a Hooters restaurant in Tokyo is now available as a coworking space for about 60 bucks a month. The wings and beer are extra, but still not a bad deal. Watch the previous 3 Things to Know video: Car Vending Machines […]Read more
The handy yellow sticky note is getting an upgrade for non-office settings. February 27, 2018 2 min read Post-it Brand is going after customers who don’t work in offices. First sold in 1980, the brand’s handy yellow sticky note has become a ubiquitous communication medium in offices, schools and homes (and it’s the favorite low-tech office tool of Entrepreneur’s Twitter followers). But, what about situations that are a bit, shall we say, stickier? Related: This Entrepreneur Needed a New Tube of Toothpaste and Ended Up Creating One of the Top Natural Oral Care Brands Construction workers and kitchen staff need to communicate, too, and options are often limited, Post-it Brand discovered in research it commissioned from Wakefield Research. A survey of more than 1,000 workers who work in non-office settings found almost 40 percent had to redo a project at least once a week because of a communication issue. The survey […]Read more