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Weekly Update - Feb 24, 2023

Written by Fobi | Feb 25, 2023 12:39:01 AM

 

Top News

1. World’s largest four-day work week trial finds few are going back

https://www.wsj.com/articles/after-testing-four-day-week-companies-say-they-dont-want-to-stop-a06089cc?mod=e2li

2. Euro-zone consumer confidence improves to highest in a year

https://www.bnnbloomberg.ca/euro-zone-consumer-confidence-improves-to-highest-in-a-year-1.1885992

3. Meta launches paid verification subscription service, Meta Verified

https://www.cnbc.com/2023/02/19/meta-is-rolling-out-a-new-paid-verification-subscription-service-for-instagram-and-facebook-users.html

4. McKinsey to cut up to 2,000 jobs in back-office restructuring

https://www.ft.com/content/946d816b-7b67-4f39-94a9-41dd5cc45daa

5. Amazon closes $3.9B buyout of health company One Medical

https://www.wric.com/business/us-world-business/ap-amazon-closes-3-9b-buyout-of-health-company-one-medical/

6. Department of Defense leaves cloud server unsecured for two weeks

https://techcrunch.com/2023/02/21/sensitive-united-states-military-emails-spill-online/

7. More restaurants to test out subscription models

https://www.fastcompany.com/90854149/restaurants-subscription-model-boost-sales-pf-changs-panera?partner=rss&utm_source=rss&utm_medium=feed&utm_campaign=rss+fastcompany&utm_content=rss

8. Spotify launches AI-powered feature “DJ” to personalize music experience

https://techcrunch.com/2023/02/22/spotify-launches-dj-a-new-personalized-music-lineup-that-includes-ai-powered-commentary/?guccounter=1

9. Apple makes major progress on no-prick blood glucose tracking for its watch

https://www.bnnbloomberg.ca/apple-makes-major-progress-on-no-prick-blood-glucose-tracking-for-its-watch-1.1886994

 

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Volume of shares traded: 2,611,000

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