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Itâs our journalistic duty to ensure the general public is aware of each new Pokemon. So meet Poltchageist â a portmanteau of âpoltergeistâ and âmatchaâ â which is just a pot of matcha, except itâs a little cute and a little scary. If you run across this creature, beware its powdery body: if you touch it or eat food dusted with it, Poltchageist will drain your life force.
In todayâs email:
- Microsoft: How Satya Nadella is riding AI to higher heights.
- Love in the time of algorithms: Do apps decide if weâre hot?
- Bottoms up: This Eggo collab gives âboozy brunchâ new meaning.
- Around the Web: A visual history of the iMac, inside surfer Laird Hamiltonâs competitive spirit, incredible dog ears, and more.
đ Listen: Which exec is going first in our fantasy CEO draft?
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The big idea |
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Microsoftâs Satya Nadella: A solid first pick in any fantasy CEO draft
Microsoftâs momentum in AI has its CEO âfinally getting credâ as a top Big Tech leader.
2023-08-23T00:00:00Z
Ben Berkley
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Itâs that time of year when fantasy football geeks arrange their draft boards, but weâre out-geeking them today â playing fantasy boardroom.
If you were drafting execs youâd most want leading a team right now, itâd be hard to argue against Satya Nadella, Microsoftâs leader for nearly a decade now, as a top pick.
In 2023, AI wins count extra
Fast Companyâs September cover story spotlights Nadella, claiming he has Microsoft âwinning Big Techâs AI war.â
Nadella doesnât disagree â he took a victory lap during last monthâs earnings call, acknowledging Microsoftâs âin the leadâ selling cloud-based AI services. (He later demurred, saying, âEarly leads in technology donât matterâ).
But Nadella canât be blamed for a celebratory mood â his $13B deal with OpenAI rocketed Microsoft to the AI forefront, giving it a first look at the ChatGPT creatorâs latest tech. Thatâs paying off, per Fast Company:
- Microsoftâs market value, stuck at ~$300B when Nadella took the top job, recently passed $2.5T, positioning the company to join Apple as the only members of the $3T+ club.
- An Evercore ISI analyst predicted AI could add up to $100B to Microsoftâs annual revenue by 2027, quite the return on a $13B investment.
AI > past missteps
Before the AI boom, Nadellaâs run included âlaggards,â per CNBC:
- Bing was long an afterthought to Googleâs search dominance.
- Amazon had AWS running laps around Microsoftâs Azure.
- Surface PCs never captured imaginations like Appleâs hardware.
Even with flashy acquisitions of LinkedIn, GitHub, and âMinecraftâ maker Mojang Studios, Microsoft trailed other Big Tech firms in perception. This year, itâs eliminated 10k+ jobs.
But things change fast in tech. After âbetting everything on AI,â the company is back in the driverâs seat, per Wired, and Nadella is âfinally getting cred.â
That means lionization on magazine covers â and on theoretical fantasy CEO draft boards.
Reality check: While Nadella is a hot pick right now, anyone whoâd instead take Appleâs Tim Cook first isnât wrong. Also, if anyone is actually playing a fantasy boardroom game, please let us know how you score it.
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TRENDING |
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⌠will be removed for aesthetic reasons. Feel like youâre missing essential information here? Well, thatâll be the norm if X, AKA Twitter, moves forward with Elon Muskâs latest plan: nixing headlines and description text on the platformâs news links, instead only displaying an articleâs lead image. Again, thatâs being pursued for aesthetic reasons.
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SNIPPETS |
Going back to school is always hard on kids, but far harder when they canât physically get there. A USA Today analysis found at least one âmajor school bus driver shortageâ in every state.
Boxed out: Seeking to appease UK regulators and close its $68.7B Activision Blizzard deal, Microsoft will transfer cloud gaming rights for Activision Blizzard titles to Ubisoft, meaning it wonât be able to release them exclusively on Xboxâs cloud service.
More in cloud services⌠IBM is selling The Weather Company â which includes The Weather Channel app, Weather.com, and Storm Radar â to a private equity firm. It will keep its weather data, which it uses in some AI models.
Maybe renew that lease today? The average US interest rate on 30-year mortgages rose to 7.48% this week, the highest level since 2000. If you bought at the all-time low â 2.65% in January 2021 â weâre very happy for you.
San Franciscoâs first Ikea opens today. The location offers some new features, including a food hall with expanded to-go options, plant-based Swedish meatballs, vegan cinnamon rolls, and an in-store coworking space.
A new kind of bone crunching: Vegan meat company Juicy Marbles is launching plant-based ribs â with edible âbones.â After eating the âmeat,â the recommendation is to air-fry or roast the soy-based protein remnant into an additional snack.
Ball-buster: The Sphere, the worldâs largest spherical structure, opens next month in Las Vegas with 25 U2 shows. Its parent company confirmed final construction costs of $2.3B â ~2x its original $1.2B estimate.
National Cinema Day will offer $4 tickets to any movie across 3k+ US locations. Nonprofit The Cinema Foundation debuted the event last year, bringing in 8.1m people and $24m.
Brand better: The key to a standout entrepreneurial career? Nailing your personal branding. Hereâs how to do it.
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Out of date |
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Do dating apps decide who we get to date?
Do dating apps decide who we deserve to date?
2023-08-23T00:00:00Z
Juliet Bennett Ryla
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Gizmodoâs Thomas Germain reported that a friend began noticing his Hinge matches were suddenly meh: âunflattering photos, awkward bios, and prompts with glaring red flags.â
Further investigation revealed that this seems to be a problem across dating apps for people of all gender identities.
Why would they do that?
Dating apps typically try to match similar people, but are somewhat secretive about their algorithms. Tinder previously âscoredâ people based on their popularity, but has since switched methods, while eHarmony uses an 80-question compatibility quiz.
But dating apps are also here to make money:
- Tinder Platinum ($24.99/week) allows users to see whoâs already swiped yes, message others before matching, and prioritizes their likes above unpaid members.
- Bumble Premium (starting at $19.99/week) includes unlimited likes, advanced filters, and more time to message back (Bumble deletes matches if the conversation stalls for too long).
- HingeX ($24.99/month) offers priority likes and âenhancedâ recommendations that promise âaccess to people more your type.â
And itâs working. In 2021, people spent $4.2B on dating apps globally, up 30% YoY.
So they lock up featuresâŚ
⌠but what about people?
Hinge â one of several apps, including Tinder and OkCupid, owned by Match Group â told Gizmodo that it only âshadowbansâ bad actors.
However, it does use AI to determine a userâs best possible matches, then only allows you to contact them if you send them a ârose.â You get one free rose per week â but you can also buy them, of course.
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Free Resource |
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5 mad skills development templates
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You have to keep on learning new things â every day, all the time. Because staying curious is one of those classified secrets to winning at life.
For a stronger sense of structure, try these tidy skill-building templates. Use the space to kick-start new habits, better manage time, read more books, or otherwise get shit done.
You get a template, and you get a template, andâŚ
- Five-year plan template
- Individual skill development template
- SMART goal-setting template
- Management by objective template
- Performance improvement plan template
We call them âskillets.â They help you break in beautifully.
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5 free skillets â |
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Boozy branding |
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LâEggo my⌠booze in a jar?
Kelloggâs latest brand partnership is one part gross and one part genius.
2023-08-23T00:00:00Z
Sara Friedman
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Thatâs not how we remember the Eggo slogan going â and for good reason.
The Kellogg-owned brand, in partnership with Sugarlands Distilling Co., just released a boozy collaboration.
(We feel obligated to warn you that things are about to get weird.)
Inspired â we imagine â by what would happen if you dumped your breakfast plate into a blender and added a shot, Eggo Brunch in a Jar Sippinâ Cream is exactly what it sounds like:
- The creamy liqueur blends waffle flavors with those of maple syrup, butter⌠and bacon.
- Definitely not for kids, the concoction is 20% alcohol by volume.
Why, God, why?
Fair question. This is the second collaboration between the Tennessee distillery and Eggo.
The brands debuted Eggo Nog last fall, just in time for Santa to say, âWTF?!â under the Christmas tree.
Joe Beauprez, Kelloggâs senior director of marketing for frozen foods, says the spiked cream is aimed at parents looking to unwind (while the children, presumably, eat waffles).
Itâs not the first weird brand collabâŚ
⌠and wonât be the last.
Mac and cheese ice cream, Cheetos crop tops, and iced tea sneakers have bravely paved the way for unlikely partnerships.
Just this week, Hailey Bieberâs Rhode Skin announced itâs launching a lip treatment with none other than Krispy Kreme.
So run, donât walk, because tomorrow is National Waffle Day, and you canât be the only loser without boozy brunch in a jar.
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AROUND THE WEB |
đ On this day: In 2021, the FDA approved the Pfizer-BioNTech covid vaccine for people ages 16+.
đĽď¸ Thatâs cool: In honor of the iMacâs 25th birthday, The Verge made a visual history of the iconic computer.
đ§ Podcast: My First Millionâs Sam Parr talks with surfer Laird Hamilton about his well-rounded approach to life, the story behind Laird Superfood, and why heâs a vicious competitor.
𤯠Cure boredom: In this game, you are the operating system. Can you keep up?
đ Aww: And now, surprise ears.
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MEME |
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As the ancient proverb goes, the enemy of my enemy is my bestie. (Link)
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SHARE THE HUSTLE |
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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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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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.
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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.
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Todayâs email was brought to you by Juliet Bennett RylahSara Friedman, . Editing by: Ben âOne bad waffle spoils the whole brunchâ Berkley.
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