Welcome to Ausum's Afternoon Business and Tech News Briefing. Today is Tuesday, October 19th.
According to The Verge, Google has finally unveiled the Pixel 6 and Pixel 6 Pro. Both phones are now available for preorder, with pricing starting at $599 and $899, respectively. This is supposed to be a new attempt by Google to build phones that compete with the best from Apple and Samsung; the prices are just cheaper than the competition.
The RealEyes study, released by Digiday, examined 36 TikTok creator campaigns, to gauge effectiveness, capturing viewers within the first few seconds. TikTok creators with a mid-level reach made the most effective videos, as did those with visible product packaging and shorter movies (40 seconds) with emotional response returns. Overall, RealEyes discovered that TikTok producers are open to many types of brand testing.
Axios released a new report that discloses facts regarding the Chinese Communist Party's repressive campaign in Xinjiang. Discovering the actual offices and personnel enforcing the government's genocide and forced labor policies might assist multinational corporations in delinking supply chains to comply with US and EU forced labor rules.
According to the Financial Times, tens of thousands of lawsuits have been filed against Johnson & Johnson, the world's largest healthcare firm, alleging that its cosmetic talc powder causes cancer. According to critics, the $1.4 billion legal maneuver known as the Texas Two-Step is meant to limit future payouts. The firm denies that their product causes cancer.
According to Quartz, Bitcoin reached $63,522.50. That's a whisper compared to the April 14 record intraday high of $64,863.10. The listing concludes an eight-year effort to have a bitcoin ETF listed on a US market. Rather than genuine bitcoin, the fund is linked to CME Group's bitcoin futures. This eliminates the need to store actual bitcoin, which can be subject to hackers.
The New York Times reports that in September, the labor force shrank even greater than in August, and five million fewer individuals are working now than there were before the outbreak. The sluggish return of personnel is causing the Biden administration problems. Forecasters are unsure how long it will last; a variety of factors could play a role. Waiting for a better work offer, shifting priorities, accumulating extra savings, health concerns, and child care issues are just a few examples.
The Supreme Court returned to work last fall after an 18-month hiatus due to the pandemic, according to Newsweek. This term, the Supreme Court will hear arguments on abortion, gun rights, and the separation of church and state. The rulings, according to experts, will have an impact on voter turnout in the 2022 midterm elections. Six conservative judges sit on the bench, including new Justice Amy Coney Barrett, whose confirmation resulted in the Supreme Court's first 6-3 conservative supermajority in 50 years.
That's all for today, catch Jena's morning briefing tomorrow morning, only on Ausum.