All the news that’s fit to digitally print
The New York Times, like many print media sources is in a transitional phase, moving from print to digital. How are they doing?
Success in the digital subscription business may be the byproduct of a broader trend — consumers’ growing willingness to pay for digital content. Here are some of the services with the total number of paying subscribers: Netflix (93 million), Spotify (40 million), Apple Music (20 million), Hulu (12 million) and HBO NOW (2 million). (om)
Google and Facebook: news game-changers
Today, the dominant distribution platforms — Google and Facebook — could overhaul the subscription game. If they are really willing to contribute to a sustainable news ecosystem, as they claim, both should allow publishers to sell subscriptions on their platforms (while collecting a fee, obviously). (Monday Note)
I’m out of the office today
Today… and every day. A growing trend is having people work from home. Last year, 43 percent of employed Americans said they spent at least some time working remotely. (NY Times)
7 Jobs That Can’t Be Automated
What are the jobs that can’t be automated? Today automation is making it possible to perform tasks more efficiently and precisely than any human could ever hope to do. While that’s great for companies, it’s a not-so-comforting thought for workers who could one day lose their jobs because of it. A report released in January by the consulting firm McKinsey & Company represents a wake-up call for today’s workforce. “Almost every occupation has partial automation potential, as a proportion of its activities could be automated,” the authors concluded. (Investopedia)
Most important export by state
Facebook just made transferring money internationally a lot easier
If you have friends in the UK, Australia, Canada, Europe, and the USA, you can now easily transfer money. TrasnferWise has just launched a digital payments platform that lets Facebook users send money internationally.
Three Reasons Why Warren Buffett Never Split Berkshire’s $250,000 Stock
The most important reason: it doesn’t matter. Splitting a stock just provides you with more shares. It has no effect on the stock’s value. If you own 100 shares of a stock that sells for $20 per share, you own $2,000 worth of stock. If the stock splits 2-for-1, you now own 200 shares of a stock that sells for $10 per share; that’s still just $2,000. It makes no real difference.
Initially, back in 1962, Buffett paid $7.50 per share for his initial stake in Berkshire Hathaway. It’s now trading at $252,890 a share. That’s more than a 26 percent gain annually. (WSJ)
Chart of the Day
You will find more statistics at Statista