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June 30th, 2021

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes

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It's June 30th, 2021

Dear readers,

Happy Wednesday! We are smack in the middle of Summer and it's hot out. Not what I would consider sweater weather... it's at times like this when we as a company take a step back and think about new products.

This is the time of year when our curiosity piques. What should we do next?

Let's get into it!

  • It's HOT in the Pacific Northwest
  • Facebook is finally worth $1T
  • John McAfee was found dead
  • Free Britney!
  • Oliver Charles update

Ranking the mayors of NYC

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • A massive heatwave that only happens every 1000 years is hitting the PNW right now, pushing temperatures well above 100F in the region.
  • Portland, Oregon broke records three days in a row, hitting 108F on Saturday, 112F on Sunday, and then 116F on Monday.
  • In a region where average temperatures are closer to the 70s this time of the year, only 44% of homes in Seattle have air conditioning.
  • The heatwave is called a heat dome caused by a high-pressure system acting as a block and not allowing the weather to move.
  • On Tuesday, Lytton, B.C. broke the record for hottest temperature ever recorded in Canada. Peaking at a sweltering 121F (49.5C). Before this week, temperatures in Canada had never passed 113F (45C.)
Read more about heat domes >>

Facebook is now worth more than $1T

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • Facebook hit a trillion-dollar valuation after a judge dismissed an antitrust complaint brought by the FTC.
  • Facebook is the fifth U.S. company to hit the milestone, joining Apple, Microsoft, Amazon, and Google-parent company Alphabet.
  • The company hit the milestone after just 17 years. The fastest of the 5.
  • In 2020, Facebook's revenue amounted to roughly 86 billion US dollars. The company had roughly 2.85 billion monthly active users as of the first quarter of 2021.
  • The judge said the company did not have a monopoly on social media and that its acquisitions of WhatsApp and Instagram happened too long ago to constitute a claim.
Is Facebook a monopoly? >>

John McAffee found dead

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • John McAffee was a British-American entrepreneur, conspiracy theorist, and vocal libertarian. Last Thursday, he was found dead in a Spanish prison awaiting extradition to the U.S. for tax evasion.
  • In 1987, he wrote the first commercial anti-virus software, eventually selling his company in 1994. His wealth peaked at about $100M in 2007.
  • In 2012, he briefly vanished after fleeing his home in Belize because local police tried to question him on the death of his neighbor.
  • His untimely death is fueling numerous conspiracy theories. For example, in 2019, he tweeted that it would not be true if he were to appear to die by suicide.
  • The day after his death, a picture of a Q was posted to his Instagram account, leading people to believe he was Q from the QANON conspiracy theory.
Watch the dateline about his life >>

Free Britney!

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Talking Points:

  • Britney Spears' conservatorship dates to 2008, stemming from her mental health crises.
  • A conservatorship, also known as guardianship, is a legal mechanism set up for people who are unable to manage their affairs.
  • Last week Britney made a plea to the court, asking them to end the arrangement. Saying that it's abusive and that she can take care of herself.
  • She accused her conservator of stopping her from having a contraceptive intrauterine device (IUD) removed so she could get pregnant.
  • She passionately stated that she earns her own money performing, and she should be allowed to manage her own affairs. It's estimated she earned $138M performing in Las Vegas alone.
Read about #freebritney >>

We are still curious

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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Oliver Charles update

There's a famous quote by Henry Ford: "if I asked the people what they wanted, they would have said a faster horse."

Well, as a contrarian, I think that's exactly what we should do next. Few understand the power of a contrarian mindset.

What do you want Oliver Charles to make next?


That's my update for the week. I hope you've enjoyed this week's installment of The New Yak Times.

Until next time, keep building 💪.

Best, Tobias
CMO @ Oliver Charles
Connect with me on Linkedin

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