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Last week, a private jet arrived in Zambia from Egypt. Sounds normal enough. But the cargo was far from normal: ~$5.7m in cash, 602 fake (!) gold bars, five pistols, and 126 rounds of ammo. Zambian authorities have arrested 12 people as they investigate what the heck was going on there. We look forward to watching this movie someday.
In todayâs email:
- No good news: Why does social media keep screwing up news?
- Watch: The economics behind the pickleball phenomenon.
- âGirl dinnerâ: From 1.4B+ TikTok views to Popeyesâ menu.
- Around the Web: Your catâs fave YouTube channels, the appeal of flavorless candy, tips to keep produce fresh, and more.
đ Listen: The state of the news business sucks. Social media is a big reason why.
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| The big idea |
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Meta vs. Canada is a long pattern of dismantling news
Metaâs ban on Canadian news is part of a larger pattern of upending and preventing access to information.
2023-08-24T00:00:00Z
Juliet Bennett Ryla
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Canadian Prime Minister Justin Trudeau accused Meta of âputting corporate profits ahead of peopleâs safetyâ this week, after it blocked news from its platforms amid the nationâs wildfire emergency.
Canadaâs new Online News Act requires tech companies to pay publishers for linking to or repurposing their content. Meta called the legislation âunworkable,â blocking news access for its Canadian users in response.
- Google also threatened to remove news links, but intends to wait until the law takes effect.
- Australia passed similar legislation in 2021, but tech companies were ultimately able to negotiate with Australian publishers.
Social mediaâŠ
⊠has played a pivotal role in news, connecting outlets with audiences and offering real-time coverage from journalists and citizen reporters â even in countries with strict media censorship.
It has made itself a mainstay in news consumption, with more than half of Americans getting at least some news via social media. Canadians have been relying on social media less but 25% still consider it their primary source. Meanwhile:
- A quarter of US adults under 30 prefer TikTok for news.
- Younger audiences are more frequently turning to influencers and celebrities over journalists and traditional media.
But remember whenâŠ
⊠Facebook told everyone it got high engagement from videos, so newsrooms decided to lay off writers to âpivot to video,â but then it was⊠all a big lie that ended with Facebook agreeing to a $40m settlement with advertisers in 2019?
Those kinds of things seem to keep happening, diminishing our access to high-quality news while misinformation spreads.
- X is planning to remove headlines on news links for âaesthetics.â
- AI-generated content has only just begun to replace articles by humans â and itâs often full of errors.
Meta saidâŠ
⊠Canadians would still have access to government and emergency accounts.
But many Canadian organizations trying to spread wildfire resources felt hamstrung by the blocks, with some reporting confusion and mistrust among volunteers without the ability to share news, per The New York Times.
More broadly, many US governments are banning TikTok, while the ever-in-flux X had to restore free API access to such agencies for public utility purposes.
Thereâs still, uh⊠the radio?
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| TRENDING |
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Streaming platforms Netflix, Disney+, Paramount+, Max, and Peacock are pushing users toward their cheaper, ad-supported tiers, per The Hollywood Reporter, as the margins are proving more lucrative. The future of TV looks like⊠old TV.
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| SNIPPETS |
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Pelotonâs crisis team is getting a workout this quarter â down $37m in YoY sales, with 20k paused subscriptions, 750k requests for seat replacements, and a bigger-than-expected loss of $242m.
Happy Pumpkin Spice Latte Day to all who celebrate. Starbucksâ signature fall drink is back today, a boost for cozy autumnal feelings and for the chainâs bottom line â sales for the PSL juggernaut were up 17% last year.
Apollo, a 160-pound, 5â8â humanoid robot, may be coming to a warehouse near you. Robotics firm Apptronik is piloting Apollo, capable of lifting boxes up to 55 pounds, for a commercial release in late 2024.
US national parks have become a safe haven for the most precious animal: the cash cow. In 2022, tourists spent a record $24B in the gateway communities surrounding the National Park Serviceâs 424 sites.
Indiaâs Chandrayaan-3 lunar lander successfully touched down on the moon. Indiaâs $75m investment in the spacecraft paid off, as it joins the US, China, and the former Soviet Union as the only nations to make a soft moon landing.
Calling out of work today? We wonât be surprised if thatâs a yes. PTO-tracking app Flamingo found that Aug. 24 is the most common call-in-sick day for US workers. But donât ask why â nobody knows.
New tech news: Journalists from Viceâs tech vertical, Motherboard, launched their own publication, 404 Media. Vice filed for bankruptcy in May, but still paid execs bonuses of up to $900k.
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| FROM THE BLOG |
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Of the 90% of startups that fail, 82% go under due to running out of money. Securing series funding can keep a business afloat. Hereâs how it works.
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| Video |
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Watch: The economics of pickleball, Americaâs fastest-growing sport
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Itâs about time we add âBeing asked if you play pickleballâ to the list of lifeâs inevitabilities alongside death and taxes.
Once a niche sport for retirees, pickleball has exploded over the last decade.
- In 2022, 8.9m Americans played the quirky amalgam of badminton, pingpong, and tennis regularly, while another ~27m played at least once.
- That means more people picked up a paddle than dribbled a basketball or swung a golf club last year. The sport is now nearly as popular as running.
Today, there are 10k+ known places to play pickleball in America, and thatâs apparently still not enough â per Axios, thereâs âa critical shortage of pickleball courts.â
Developers across the country are becoming increasingly aware of this, and the staggering economic potential of pickleball.
- In Florida alone, investors have poured ~$200m into 15 private, indoor pickleball clubs.
But courts across the country are facing noise complaints that could threaten the sportâs prosperity and its cult following.
- The gameâs pwock sound is almost as loud as a vacuum cleaner (Why? Thatâs a whole other story.)
In the latest âHustlenomicsâ video, we look at how much it costs to quiet the game, and the role itâll play in the growing pickleball economy.
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| Watch the full video â |
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| Free Resource |
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Steal these 25 classic sales letters
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Stop writing every damn email from scratch. Thatâs essentially the opposite of self-care, and we canât bear to see you suffer.
Hereâs a pack of proven sales letters for first-touch, follow-up, and break-up communications â including a âlast callâ email that attained a 33% response rate, and a drip campaign that closed $100k in a month.
Use what already exists before you hit another inbox.
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| 25 classic sales emails â |
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| Faster food |
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When TikTok says âjump,â restaurants fling themselves right off a cliff
Social trends like TikTokâs âgirl dinnerâ are changing the way the restaurant business works.
2023-08-24T00:00:00Z
Ben Berkley
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Admittedly, Iâm all too familiar with âgirl dinners.â Sometimes (often) after a long day, the last thing you want to do is cook an elaborate meal â and thatâs where girl dinners come in.
The term took off on TikTok this summer after creator Olivia Maher used it in a video. The New York Times describes it as a meal âakin to an aesthetically pleasing Lunchable: an artfully arranged pile of snacks that, when consumed in high enough volume, constitutes a meal.â
The trend, which has racked up 1.4B+ views, is already old news on social media, but its impact continues to reverberate in the restaurant business.
Enter PopeyesâŠ
The fast-food chain was quick to hop on board, launching a limited-edition âGirl Dinnerâ menu in July.
- The menu combined all of the chainâs side dishes, like coleslaw, biscuits, and mashed potatoes, into a makeshift meal.
Opportunities like this are a marketerâs field day â and major brands with resources to quickly implement viral trends can take advantage.
Case in pointâŠ
- Earlier this year, Chipotle added fajita quesadillas to its official menu after the TikTok hack blew up.
- McDonaldâs boosted sales last year by adding social-favorite menu hacks to its menu.
- Upscale LA grocery chain Erewhon has partnered with celebrities to launch custom ($17+) smoothies.
Come November, Popeyesâ quarterly sales figures will reveal how its âGirl Dinnerâ stunt performed, but if history is an indicator, expect to be wowed: social media stunts have been core to the chainâs success.
Popeyes was famously behind the 2019 âtweet [that] changed the restaurant industry,â per Restaurant Business, igniting a chicken sandwich war â and its sales.
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| AROUND THE WEB |
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đȘ On this day: In 2006, the International Astronomical Union voted to remove Plutoâs status as a planet.
đ± Thatâs cool: The best YouTube channels for your cat, which, yes, contain a lot of birds and fish.
đ„ How to: Keep produce fresh, which sometimes means keeping certain items away from each other.
đŹ Thatâs interesting: Why people like Japanese candy that tastes like nothing.
â Aww: And now, teamwork.
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| MEME |
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Turns out the uncool âDoing it for the âgramââ has a deeply uncool cousin. (Link)
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| SHARE THE HUSTLE |
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Hey. Donât keep us a secret.
Refer just 3 people and weâll send Hustle essentials as a thank you.
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Share this custom referral link: https://thehustle.co
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to snag some business class aromatherapy.
Get 5 more referrals and youâve got yourself a Hustle candle. Let us help you set the mood and bring some positive vibes to your workspace.
Youâre just 5 referrals away. The candle awaits.
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Hereâs that special link one more time:
https://thehustle.co
Your referral count: 0
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| SHARE THE HUSTLE |
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to take your morning coffee to the next level.
Get 10 more referrals and youâve got yourself a Hustle mug. Keep your cup warm and your workspace clean.
Youâre just 10 referrals away. The mug awaits.
Hereâs that special link one more time:
https://thehustle.co
Your referral count: 0
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| SHARE THE HUSTLE |
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to snag the desk plant you never knew you needed.
Get 15 more referrals and youâve got yourself a Hustle branded clover grow kit. If you want something to grow, you must water. Practice your nurturing abilities with this custom Hustle clover grow kit and grow your referrals at the same time.
Youâre just 15 referrals away. Desk plant nirvana awaits.
Hereâs that special link one more time:
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Your referral count: 0
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| SHARE THE HUSTLE |
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to snag the desk organizer of all desk organizers.
Get more referrals and youâve got yourself a Hustle-branded organizer, to hold your gadgets and give your desk space a breath of fresh air.
Youâre just referrals away. The desk organizer awaits.
Hereâs that special link one more time:
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Your referral count: 0
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| SHARE THE HUSTLE |
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to organize all those stray cords floating around your desk.
Get more referrals and The Hustle tech organizer is yours. Itâs clean, compact, and all you need to make sure your technology life support is closeby.
Youâre just referrals away. The tech organizer awaits.
Hereâs that special link one more time:
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to snag the prestigious Hustle backpack.
Get more referrals and itâs yours. Carry your laptop, gym clothes, Coca Colaâs secret recipe, or whatever you feel like. Walk around with the crew on your back!
Youâre just referrals away. A new bag awaits.
Hereâs that special link one more time:
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Look at that! Youâre on your way to the top of the food chain.
You seem like the kind of person who knows how to work a network. And now youâve landed an opportunity to snag some new tech.
Get more referrals and youâve got yourself a Zoom Glow-up kit. This kit will include a Blue Yeti mic, Logitech camera, and a Lume Cube light. This is the perfect set-up to make every video recording and Zoom meeting feel like an Oscar-quality production. Keep climbing.
Youâre just referrals away. The Zoom upgrade awaits.
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| SHARE THE HUSTLE |
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Well, well. Look who climbed the ladder. Weâre so proud.
You seem like the kind of person who knows how to work a network. And now youâve got an opportunity to bag The Hustleâs grand prize.
Just more referrals and youâll get yourself a ticket to Inbound 2023, the most bodacious business conference in the industry. You could rub shoulders with moguls, or catch a keynote next to your favorite YouTuber. Get your hustle on for a shot at maximizing your network.
Youâre just referrals away. The final boss awaits.
Hereâs that special link one more time:
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Your referral count: 0
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Todayâs email was brought to you by Juliet Bennett Rylah and Sara Friedman. Editing by: Ben âA pwock in the parkâ Berkley.
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