⏱March Madness Mayhem on Monday
You might finally get to watch a Quibi show, and a big move by Google employees
Good morning everyone, we hope your new year's resolutions are staying strong! We’ve got a lot of news today, and only 90 Seconds...
Regardless of what you want to call it, this is historic. The NCAA announced yesterday that they would be shifting all of their games to the state of Indiana for 2021. This move will allow them to effectively form a “bubble” around each region, copying the format that the NBA had success with in the summer. Players will be housed at various Marriott hotels, with each team on a separate floor to limit any potential spread. Oh, and to promote safety, the NCAA will also be heavily promoting “Mask Madness”, and distributing masks across the state in the weeks leading up to the tourney.
Three years ago, three companies got together to change the world. Today, they officially announced that they were giving up. Haven Health, a joint venture from Amazon, Berkshire Hathaway, and JPMorgan Chase, folded today, finally succumbing to issues it had faced since inception. Originally its goal was to provide transparent and cheaper health insurance to the employees of the companies, but the plan was only ever rolled out in a beta test to 30k. It turns out that even billionaires can’t fix healthcare.
A group of more than 200 employees at Google announced today that they had formed a union, becoming some of the first in the tech industry to do so. The Alphabet Workers Union will be a minority union, which means that while it won’t be able to negotiate a labor contract, it will be able to include everyone who works at Google, including contract workers. In addition, it will still have leverage to make an impact on social issues at the company — a topic that has been red hot recently.
Quibi, the streaming service which failed miserably despite spending more than $1bn on content, is approaching a deal with Roku to sell the rights to their shows. This would mark the first major acquisition for Roku, and set them on the path towards creating their own content.
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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