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Issues cited include stiff competition, high R&D costs and only 10,000 vehicles sold all quarter. Ford execs say the EV business will be profitable “in the near future.” Something tells me they can’t af-ford those numbers for long.
Tags: business, Competition, costs, Ford, future, issues, numbers, profits, T, Vehicles
Billion-dollar listing: U.S. investors are lining up to bid on a freshly legislated TikTok. A top contender? Former treasury secretary Steven Mnuchin. If a sale happens, don’t expect China to give up its algorithm — whoever buys it will get the brand but probably not the tech behind it.
So you want to make money with YouTube. What’s the best time to post your video masterpiece to give it the best chance of going viral? Is it … 7 a.m., 9 a.m., 1 p.m. or 7 p.m.?
Wouldn’t want to be a cyclist in SF: A Waymo self-driving taxi was caught on video making a risky move in San Francisco — overtaking unicyclists and scooters by swerving into the wrong lane. It veered from the right-hand lane into oncoming traffic to pass the group. Waymo’s excuse? It switched lanes because it was the “safer” thing to do. Really now?
💄 Maybe it can put my makeup on for pics: Adobe just teased a few flashy new Photoshop features. Advanced Generative Fill lets you select an area and write something like, “Clear shallow water.” It does just that, adding it in for you. The demo is sweet, and our designer says the beta version worked great.
🧩 Wordle worries: An NYC therapist is calling out Wordle, owned by the New York Times, for messing with players’ mental health. She says it’s so addictive, some of her patients can’t finish their daily tasks at work. Others are sweating bullets over being judged for low scores or slow playtimes. If you’re taking it that seriously, stop playing.
Fake ads are taking over Facebook: A Broward County, Florida, family found strangers at their front door, claiming they paid a $250 deposit to rent a car parked in the driveway. It turns out crooks had secretly snapped pics and posted them on Facebook Marketplace. After they turned the renters away, someone came back and vandalized the car. Ridiculous.
If you have a Ring doorbell, check your PayPal account: Amazon’s Ring is coughing up a $5.6 million settlement. A May 2023 FTC complaint accused the doorbell cam giant of skimping on security, which allowed hackers and Ring’s own employees to access private video feeds and accounts. If you filled out a claim, you have 30 days to collect it.
Jeff Bezos needs the money: Amazon’s new grocery delivery has hit the streets. For $9.99 per month, you’ll get free delivery from Amazon Fresh, Whole Foods, Rite Aid and a few local spots but only on orders over $35. You can get a free 30-day trial. Instacart is getting too expensive. Listen to this to learn how much.
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The FTC just banned noncompete clauses, which companies use to keep workers from going to competitors. With the ban, does the FTC expect a decrease in A.) Wages earned, B.) Startups founded, C.) Patents filed, or D.) Health care costs?
😎 #Komandodiditfirst: Isn’t that a great hashtag?! The NY Times just published an exposé on GM and LexisNexis’ shady data collection for drivers. But you probably already knew that — I shared the news three weeks ago right here in my free newsletter! I’ll always get you the inside scoop. If you missed it, here’s how to stop their snooping.
