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- đ "Cord Cutters Beware: YouTube TVâs Price Hike
đ "Cord Cutters Beware: YouTube TVâs Price Hike
Plus: đ "Waymo, Netflix, and Musk: Disruptors in the Spotlight"
đ„Hello Readers!
Welcome back to Cash Nut, your daily stop for the most buzzworthy news delivered fresh with your morning coffee. Whether driverless cars taking over city streets, soaring TV subscription prices, or the latest corporate shakeups, weâve got you covered. So please sit back, sip your brew, and eat your nuts, and letâs get started!
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đ Cable 2.0? YouTube TV Hits $83
If you switched to YouTube TV to dodge hefty cable bills, brace yourself: starting January 13, your monthly subscription will climb to $83, up $10 from the current price.
While YouTube TV once felt like the ultimate escape from traditional cableâno contracts, no equipment, and no awkward phone callsâit's now inching closer to the average US cable bill. Internet TV services like YouTube TV and Hulu + Live TV promised convenience and affordability when they launched, but rising costs have many subscribers questioning the value.
The bottom line? Cord-cutting isnât quite as cheap as it used to beâŠbut hey, at least canceling is still hassle-free.
đ Waymoâs Quiet Takeover of San Francisco
The roads are getting crowdedâŠwith driverless cars. Waymo, the autonomous vehicle company, now holds a 22% market share in San Franciscoâtying with Lyftâjust 15 months after launch.
Back in August last year, Uber commanded 66%, while Lyft held 34%. Fast forward to today, and Waymo has carved out a chunk of the market, while Uber still leads with 55%.
Whatâs next? Waymoâs biggest hurdle is long wait times due to limited cars on the road. But as more cars roll out, expect Waymoâs market share to climb even further. Itâs a waiting gameâliterally.
đ Netflix Scales Back Extraordinary Parental Leave
Netflix used to set the gold standard for parental leave: unlimited time off for new parents in their childâs first year. The policy made headlines nearly a decade ago and helped cement Netflixâs reputation as an innovative, employee-first company.
But the streaming giant has been walking back the benefit. Why? More employees than expected took full advantage of the perk, and Netflix deemed it unsustainable.
The broader shift reflects Netflixâs new cost-conscious mindset, which has helped the company recover from a slow period. However, this raises questions: will pulling back on generous policies hurt Netflixâs workplace culture and make it harder to attract top talent? Only time will tell.
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đ In Other News...
đ« Kroger-Albertsons Merger Hits a Snag A federal judge has put the brakes on the $25 billion Kroger-Albertsons merger over antitrust concerns. The FTC argues the deal could harm competition, potentially leading to higher prices for consumers. This case could be a defining moment for antitrust enforcement, signaling tougher scrutiny on mega-mergers that impact workers and customers.
đ BuzzFeed Sells âHot Onesâ BuzzFeed is saying goodbye to Hot Ones, its viral food brand, as part of a larger strategy to navigate the shifting digital media landscape. While the sale reflects a need to adapt, it also raises questions: can BuzzFeed continue thriving without its flagship properties? The move highlights the resilience and agility required to survive in todayâs turbulent media environment.
đ ïž Stanley Recall: Mug Mayhem Stanley, the cult-favorite drinkware brand, is in damage control mode after issuing a massive product recall due to safety issues. For a brand cherished by coffee lovers and adventurers, this is a wake-up call: quality control isnât just about safetyâitâs about preserving trust and loyalty. The recall serves as a stark reminder that reputation is built sip by sipâŠand lost just as quickly.
đ° T-Mobileâs $14 Billion Buyback Plan T-Mobile unveiled a $14 billion share repurchase program to reward investors and reaffirm confidence in its financial health. By 2025, the company plans to return up to $50 billion to shareholders. T-Mobileâs move is a power play, signaling strong performance and long-term growth prospects.
đ Elon Musk Hits $400 Billion Net Worth Elon Musk just set another record: heâs now the first person to hit a net worth of $400 billion. His fortune has surged 77% since Donald Trumpâs election victory, solidifying his position as the worldâs wealthiest individual. For Musk, itâs just another day at the (SpaceX) office.
đ Warner Bros. Discovery Shares Surge Warner Bros. Discovery stock jumped 15% Thursday morning after the company announced a business restructure. The company will split into two main divisions: a linear network for news, sports, and scripted programming, and a streaming-focused unit for its film studios, HBO, and Max. The strategic pivot has investors feeling optimistic.
đ» Calendly Cuts Jobs Again Scheduling software startup Calendly laid off 70 employees this weekâ13% of its workforceâmarking its second round of layoffs after cutting 60 jobs in 2023. Once valued at $3 billion, the company is facing stiff competition from tech giants like Google and Microsoft, which now offer their own scheduling tools.
đ Amazon Partners with Hyundai Amazon just made car shopping a whole lot easier. The tech giant is partnering with Hyundai to sell cars online in 48 cities. Shoppers will soon be able to research vehicles, check trade-in values, and finance purchases directly through Amazon Auto. Could this reshape the car-buying experience forever? Buckle up.
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đą Thanks for Reading!
Thatâs all for todayâs Cash Nut newsletter, but weâll be back tomorrow with more headlines to fuel your day. Got feedback? Hit replyâwe love hearing from you. Until then, stay caffeinated, stay curious!