🧐 Facebook's entry into VR advertising isn't going too well
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Facebook's entry into VR advertising isn't going too well. Facebook's efforts to bring advertising to the Oculus virtual reality platform it has spent billions of dollars building out doesn't seem to be off to a great start. The company announced last week that they were planning to roll out their first… (Lucas Matney via TechCrunch)
Wage gains at factories fall behind growth in fast food. Pay for factory jobs has grown so slowly in the U.S. that manufacturers are having trouble competing with fast-food restaurants. Take Western Michigan, home to many office-furniture and car-parts factories as well as a growing tourism industry. (Austen Hufford via Wall Street Journal)
Why workers are telling their boss to shove It. Quitting your job is hot this summer. More Americans quit in May than any other month on record going back to the beginning of the century, according to the Bureau of Labor Statistics. (Derek Thompson via The Atlantic)
Amazon Prime Day 2021: The best deals you can get right now. Amazon Prime Day has begun and that means trying to find good deals on your own will be even harder than usual over the next 48 hours. While Prime Day brings deep discounts on tech that rarely receives them, it also brings deals on devices that simply aren't worth your time or money. (Engadget)
Here's Who Funds the Tech Think Tanks Asking Congress to Reconsider This Whole Antitrust Thing. A coalition of thirteen different think tanks and advocacy groups penned an open letter to the U.S. House Judiciary Committee on Monday warning lawmakers about two major antitrust bills that lawmakers are set to vote on later this week. (Shoshana Wodinsky via Gizmodo)
Bitcoin falls again, breaking below key $30,000 level that traders say could lead to more losses. This is a developing story. Check back for updates. The slump for bitcoin continued on Tuesday morning as the leading cryptocurrency fell below a key level and is trading at its lowest price since January. (Jesse Pound via CNBC)
Return to Work After Covid: Financial Hubs Struggle to Get Workers Back. The journey back to your desk is shaping up to be slow and indirect. Roughly 15 months after locking down to ward off Covid-19, several of the globe's key financial centers are struggling to get employees back to their offices. (Emily Cadman via Bloomberg)
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