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November 3rd, 2021

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

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It's November 3rd, 2021

Dear readers,

Happy Wednesday! I'm excited to announce the launch of our newest color!

A beautiful dark red that'd make St. Nicholas himself envious.

This is probably going to be the only sweater you'll be wearing this winter, so you can go ahead and cancel those ugly sweater party plans now.

Don't take my word for it though, check it out for yourself.

Let's get into it!

  • Facebook Changes Its Name
  • The COP26
  • Cigarette Sales Are Up
  • Microsoft Is Worth More Than Apple
  • Oliver Charles Update

Facebook Changes Its Name

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

  • Last Thursday, Facebook CEO Mark Zuckerberg announced the company was changing its name to Meta. He made the announcement while giving us a glimpse into what will become the Metaverse.
  • Zuckerberg said, “Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy.” That makes no sense, but essentially he's talking about a VR universe.
  • The change comes at a moment when the company is facing an increasingly large amount of bad press. Coincidence?
Watch the announcement >>

The COP26

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

  • The COP26, or the Conference of the Parties, is the world's most significant summit on climate change. It's hosted by the UN and attended by 120 world leaders.
  • Since the last summit in 2015, the effects of climate change have become more prevalent in our everyday lives. Thus, world leaders seem more motivated to take action.
  • In a surprise announcement, Narendra Modi said that India had set a goal to be carbon neutral by 2070. Boris Johnson of the UK exclaimed passionately that the world is "1 minute to midnight" regarding climate change. The event is a lot of talk. The key will be to see concrete plans from the summit.
See the highlights >>

Cigarette Sales Are Up

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

  • Cigarette sales rose last year, according to the FTC. It's a small .4% bump, but it's the first time sales have not decreased in two decades.
  • There is no question that the pandemic played a role in the increase in sales. The sale of most "vices" increased in 2020 as people had more time and money on their hands.
  • In a recent earnings call, Altria, which makes Marlboro cigarettes, said the 2020 lockdowns saw Americans "add nicotine occasions to their day." According to the WSJ, smokers are also switching back to cigarettes from vaping in response to restrictions on flavors.
Read more >>

Microsoft Is Worth More Than Apple

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

  • Up until 2000, Microsoft reigned supreme. So supreme that Gates said, "he couldn't imagine a situation in which Apple would ever be bigger and more profitable." Then the iPod came out, and everything changed. For the next two decades, Apple was king.
  • The change follows Apple's Thursday earnings, where the company said it lost $6B to supply chain constraints. Microsoft shared positive earnings boosted by Office, Windows, and its cloud products.
  • This isn't the first time Microsoft has dethroned Apple. It's happened two other times since 2000, but only briefly. Is it time for Microsoft to reign king again?
The history of two giants >>

The Fetaverse!

OLIVER CHARLES - The New Yak Times - Business And Financial News Using Memes
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We just couldn't choose...

We are so excited about the new color launching that we figured we'd add in an extra meme for today's issue. I hope you find it as funny as we do.

Until next time, keep building 💪.

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

--

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Thanks for reading, please share. Seriously.

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Meme credit is due to the following accounts. If I missed someone, let me know!

@sadanduselesscom
@douggiehouse
@marketoonist
@oliver.charles.clothing

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