⏱What's the opposite of a jackpot?
Jay-Z shows his business prowess, and a Spotify update
Good morning everyone, and welcome to Taco Tuesday. Thanks for joining us for 90 Seconds!
0:05- Life isn’t a slot machine
Which is unfortunate for Boeing, because if it was, their 777 jets would be doing a lot better. Instead, on Sunday they were all grounded by Boeing after a catastrophic engine failure that saw the engine on one flight catch flames and send debris hurtling towards the Earth. Luckily no one was hurt and the plane was able to safely land, but FAA officials have stated that there will now be an “accelerated” investigation into the causes of the failure.
0:26- I’m not a businessman, I’m a business, man
Jay-Z announced yesterday that he sold half of his champagne brand, Armand de Brignac, to LVMH (Moët Hennessy Louis Vuitton SE). While the details of the deal were not disclosed, the reasoning was. Jay-Z explained the sale in an interview by saying, “We were working really hard to maintain a brand that was growing faster than the staff we had and bigger than some of the expertise we had.”
0:44- Half of a million lives
The US passed a rather somber milestone yesterday as more than 500,000 Americans have died as a result of Covid, a large portion of the 2.46M worldwide deaths. Fortunately the fight against the virus is currently headed in the right direction. More than 63.1M Americans have received at least one dose of a vaccine, and both new cases and deaths have been decreasing rapidly since a peak in early January.
1:03- Low-fi beats in “Hifi” quality
Spotify announced yesterday that they would be introducing several new features, including a new subscription tier that would allow users to listen in CD-quality, lossless audio. Launching along that update later this year will be more creator focused tools that will allow artists and podcast hosts to interact with their audience directly in the app through polls, posts, and selling merch.
1:19- New Jersey takes the high road
Recreational weed will finally be able to be purchased in NJ within the next twelve months following the approval of a bill today that voters passed last November. The updated legislation will also allow some current sentences to be vacated, and certain criminal records (related to marijuana) to be erased.
Have a great rest of your day, and we’ll see you tomorrow bright and early!
-The 90 Second News Team
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