📊 Business & Tech
📊 Matt Stoller published a very insightful warning on potential anti-trust issues with the WBD acquisition by Netflix. However, I am not entirely convinced of his argument, which seems to neglect the drastic change in how audiences consume content, the value most people find in Netflix, and the intensity of competition in the streaming space (most people don’t have $ for all of them and find the multiple subscription model very fatiguing). Nonetheless, it’s worth the read and I will be chewing on the data for a bit.
🌲🏢 Yesterday, I learned that REI closes on Black Friday and pays their 14,000+ employees to spend time outdoors and in nature instead. It’s called #OptOutside and it is not an insignificant gesture by the brand. Much respect!
Thanks to @jinscho for bringing it to my attention.
📵 A new paper in NBER found that two years after the imposition of a student cell phone ban, student test scores in a large urban school district were significantly higher than before.
Most intriguing is that there was a period of “withdraws” during which disciplinary actions rose before adjusting.
