⏱That's a lot of Mickey Mouse fans
T-Mobile sells your data, and the stock market had itself a day
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0:05- “It’s in your best interest”
Yesterday T-Mobile announced that it would be automatically enrolling all of its users into a new advertising program that utilized the data from their web and mobile app traffic to better help advertisers. A spokeswoman for the company justified the change by saying, “We’ve heard many say they prefer more relevant ads so we’re defaulting to this setting.” Luckily, as with all the major carriers, you’re able to opt out of the targeted advertising.
0:25- 100 million people can’t be wrong
Less than 16 months after it launched, Disney+ now has more than 100M subscribers— a massive number considering the consensus analyst expectations was that they would have between 60-90M subscribers..by 2024. In his announcement yesterday, Disney CEO Bob Chapek said, “The enormous success of Disney+. . . has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality content.” So, it looks like new Disney shows like the Mandalorian and Wandavision are on the way.
0:47- A tale of two years
A year ago yesterday, the Dow experienced one of its largest drops ever (-7.8%) as stocks tanked on the news of the coronavirus. Thankfully yesterday was almost the exact opposite as the DJIA reached a new all-time high of 32,150. At the same time, the Nasdaq index had its best day since November 4th, 2020 as it rebounded after a tough day in the markets on Monday, and $TSLA also had its best day since last February, as it began to erase some of its losses from the past month.
1:12- Trial selection begins in the George Floyd case
The jury selection in the murder trial of Derek Chauvin began yesterday, but was ultimately paused until today to allow time for an appeal on the inclusion of a third-degree murder charge being a part of the case. The former Minneapolis police officer is currently being charged with manslaughter and second-degree murder for the killing of George Floyd. The identity of the jurors will not be released to the public while the case is live.
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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