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Cuma, Şubat 3, 2023
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Highlights of the week: Monopoly of Music, the CHIPS Act, e-Sports

Top stories of the week, curated by the editors at Aposto.

Hello!

As our selection of publications keeps growing, we are sharing highlights from the English-language Aposto publications every week. Curated by the editors at Aposto, the issues will feature the best articles from our media service from business to technology, travel to literature, philosophy to wine...

We hope you enjoy your reading!

Aposto Team

TOP NEWS STORIES

Aposto Europe delivers your daily briefing on markets, politics, business, tech and more - all under 5 minutes. Don't miss out on what's happening in the world.


Friday

Amazon CEO Andy Jassy wrote in a blog post that the company will lay off more than 18,000 employees. In November, reports came out that the firm will eliminate 10,000 jobs but the number of planned job cuts has been expanded. Jassy said the majority of the layoffs will be from the retail and recruiting divisions. The e-commerce giant admitted they hired too rapidly during the Covid pandemic.

Thursday

The downturn in eurozone business activity eased for the second consecutive month in December, a survey by S&P Global showed on Wednesday, as price pressures slightly subsided and the labor market remained resilient. The final Composite PMI for the single-currency bloc registered at 49.3, up from 47.8 in November and the slowest rate of decline since July 2022, but still below the 50-line that separates growth from contraction.

Wednesday

British rail workers staged a fresh round of strikes on Tuesday that will disrupt services all week, the latest development in a long-running dispute over pay and working conditions. During the walkout by tens of thousands of workers, around half of the UK’s railway lines will be closed, while only one-fifth of services will be running.

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BUSINESS

Aposto Business presents the best articles on business at Aposto, curated by our editors. Topics include micro-mobility, future of work, energy, green economy, consumer products, marketing and more.


Behind the chaos of the Swift tour: Monopoly of music in the US

Recently, there has been extraordinary demand from fans for the pre-sale of tickets for Taylor Swift's The Eras tour, consisting of 52 concerts, which is her first tour in nearly five years. 2.4 million tickets were sold in one day through a pre-sale made through Live Nation Entertainment's Ticketmaster, which at first opened exclusively to a specific group of members. While stating that to date, this is the largest amount of tickets sold in one day, the system has received 3.5 billion requests, which is equal to four times the previous record. Ticketmaster.com could not handle the traffic, and most of the fans had to wait a long time to buy tickets on the website that gave errors, and for the most part, they had to give up.

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FINANCE

Aposto Finance gathers the best articles on finance at Aposto, curated by our editors. Topics include micro and macro economic developments, market reports and more.


Sleepwalking Into a Global Trade War

WASHINGTON, DC – The world is embroiled in a megacrisis comprising the COVID-19 pandemic, Russia’s war in Ukraine, high inflation, recession fears, and rising debt distress across emerging markets and developing countries. The last thing we need is an additional source of economic harm. But that’s what we may get, in the form of another destructive trade war.

Trade wars are immensely damaging because the countries involved tend to retaliate by erecting ever-higher trade barriers. This vicious cycle was blamed for greatly prolonging the Great Depression in the 1930s, which is why the United States led the effort to develop a new world trading system after 1945, setting the stage for the most successful period of global economic growth in history. For 70 years, global commerce was underpinned by the rule of law, with an international organization – the General Agreement on Tariffs and Trade, which was succeeded by the World Trade Organization – ensuring impartial adjudication of disputes.

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TECH

Aposto Tech gathers the best articles on technology at Aposto, curated by our editors.


Will e-sports be an alternative to football?

In short, e-sports stands for the world of organised video games in which professional players or teams in professional leagues compete within the framework of competition. Opponents from different leagues or teams, namely e-athletes, compete fiercely in popular video games such as Fortnite, League of Legends, Counter-Strike, Call of Duty, Overwatch, and Madden NFL. Meanwhile, many game enthusiasts, and we are talking about millions here, follow these games on online platforms or by participating in organised events, just like watching a sports competition. Through streaming platforms such as Twitch, gamers can watch their favourite e-athletes, and e-athletes can build their own fanbase.

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POPULAR ON APOSTO

Veraison is a wine magazine that finds a place for wine on every table because it believes that wine isn't exclusively meant for fancy tables with white tablecloths.


🍷 Your Mulled Wine Recipe

Oh the weather outside is frightful, but the fire is so delightful...

As we started expecting snow (let it snow, let it snow, let it snow), mulled wine recipes started to circulate. Glögg or Gløgg in Scandinavian countries. Glühwein (glühen: to shine, wein: wine) in Germany, vin brûlé from France to Italy. In other places, mulled wine. 

Everyone has their own recipe. There is no right or wrong here, whatever spices you like, whatever fruits you like, that's the recipe. In this article, we are looking for your mulled wine recipe, that is our goal, and we shall achieve it!

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Related Keywords

Amazon

Andy Jassy

eurozone

S&P Global

British rail

the Swift tour

Taylor Swift

The Eras tour

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