But Fast isn’t hogging this data. It still provides stores with customer profiles while promising to reduce friction in the checkout process, which could ultimately increase sales. However, unlike other e-commerce platforms, it is committed to not funneling the data it collects back to advertisers (though selling data on consumer spending habits is a hugely lucrative industry). While the company sees potential in using that data for personalized shopping in the future, Fast primarily makes money by getting a portion of the service charge that is shared with Stripe. … [Read more...] about This Stripe-backed startup wants to bring one-click checkout to the rest of the web
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The move earned praise from green groups, but critics say that millions of new electric vehicles will further strain California’s power grid, which is already buckling under the stress of worsening heat waves. In a letter to Governor Newsom, outgoing EPA chief Andrew Wheeler asked how California can expect to service a massive fleet of EVs when it “can’t even keep the lights on today.” … [Read more...] about Could electric cars be the solution that saves California’s power grid?
There will be times when you become aware of concerns that you cannot address because there are other tasks that take higher priority. Not only do you need to be aware that not every problem that can be solved should be solved; you also need to communicate with people about those priorities. It’s better for the people who work for you to know that you are aware of issues and have chosen to put resources elsewhere than for them to think you are unaware of what is happening. … [Read more...] about Figuring out whether you’re a good leader is harder than you think
Nowhere is this prevailing assumption more apparent than on the topic of working parents and childcare. Like society writ large, corporate leaders seem to view the challenges that working parents face as individual problems, rather than collective ones. And so, amid the pandemic, they have marshaled every resource imaginable in order to fashion individual solutions. TutorMe, a startup that offers virtual tutoring for school-age children as an employee benefit, saw 30 times the interest from corporate customers in Q3 of this year as it did in Q1. Meanwhile, policy proposals such as universal pre-kindergarten and paid family leave, which have been shown to increase women’s participation in the workforce, have been languishing at the state and federal levels for years, with little corporate support. … [Read more...] about Why “flexibility” may be the least helpful thing companies can offer working parents right now
With COVID-19 infections hitting record numbers in the United States this week, the Centers for Disease Control and Prevention has finally decided to get on board with universal mask wearing. Its new guidance, published Friday, recommends “universal face mask use” as a mitigation tactic to reduce transmission of SARS-CoV-2, the virus that causes COVID-19. It comes as colder weather is forcing more people indoors and amid growing fears that cases will spike even higher after large gatherings during the Thanksgiving holiday weekend. … [Read more...] about Watch how face masks in public became the norm as COVID-19 cases spiked