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January 19, 2022
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<table style="width: 100%; border-spacing: 0px;">
<tr>
<td class="h2020 intro ignore-defaults" style="font-size: 15px; padding: 0px 10px;">
<p style="padding-bottom: 10px; font-size: 15px; line-height: 140%; margin: 5px 0px 0px;">
Never has the phrase “location, location, location” rung more true than with regard to a recent house sale in San Francisco’s Noe Valley. Despite being marketed as “the worst house on the best block” because of its rotting wood, boarded windows, and structural issues — the 122-year-old Victorian recently sold for $1.97m.
</p>
<p style="padding-bottom: 10px; font-size: 15px; line-height: 140%; margin: 5px 0px 0px;">
<strong>
Today’s rundown:
</strong>
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
$69B:
</strong>
Microsoft’s massive acquisition of Activision Blizzard, explained.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Dream job:
</strong>
You can make 6 figures walking dogs?
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Chip problems:
</strong>
Why Canon is telling customers to ignore its warnings.
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Around the web:
</strong>
Tips to
<em>
avoid
</em>
“money avoidance,” create your own 3D maps, and more wild internet finds.
</li>
</ul>
<p style="padding-bottom: 10px; font-size: 15px; line-height: 140%; margin: 5px 0px 0px;">
Let’s do it.
</p>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults">
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 5px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
The big idea
</td>
</tr>
<tr>
<td style="padding: 0 0 6px;">
<a style="color: #121212; text-decoration: underline !important;">
<img alt="Xbox" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3.us-west-1.amazonaws.com%252Ffinal_size-xbox_20220119005254.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLiJ9:1nA9Ak:WjR-IY39H96_zniwxU5JyobWJ64l5IfC5eDdhbcWuBg" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
Microsoft acquires Activision Blizzard for $69B, explained
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Last week, Take-Two Interactive made waves by acquiring mobile gaming studio Zynga for ~
<a style="color: #121212; text-decoration: underline !important;">
$13B
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Turns out, it was only a dress rehearsal for big gaming deals: On Tuesday, Microsoft announced that it’s acquiring Activision Blizzard for a jaw-dropping
<strong>
$69B
</strong>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
It is the largest
<del>
gaming
</del>
tech
<a style="color: #121212; text-decoration: underline !important;">
deal
</a>
ever (besting the $67B Dell-EMC merger).
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Activision is the maker of blockbuster franchises…
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
…
<a style="color: #121212; text-decoration: underline !important;">
including
</a>
“Call of Duty,” “World of Warcraft,” “Candy Crush,” and “Tony Hawk’s Pro Skater.”
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The company’s gaming empire has been shrouded in controversy over the past year.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
According to
<a style="color: #121212; text-decoration: underline !important;">
<em>
CNBC
</em>
</a>
, there have been “reports of sexual misconduct and harassment among the company’s executives.” Just Monday, Activision fired “dozens” of execs following a related investigation.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The deal is projected to close in 2023. If it passes regulatory scrutiny, Activision will report to Phil Spencer, the head of Microsoft's Xbox division. (Embattled Activision CEO Bobby Kotick is expected to
<a style="color: #121212; text-decoration: underline !important;">
leave
</a>
after the transition.)
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Microsoft goes deeper into gaming
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The software giant launched the Xbox console in
<a style="color: #121212; text-decoration: underline !important;">
2001
</a>
and has since acquired 2 gaming platforms:
</p>
<ul style="font-size: 16px; line-height: 20px; padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
2014:
</strong>
“Minecraft” creator Mojang for $2.5B
</li>
<li style="font-size: 15px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
2021:
</strong>
“Doom” and “Fallout” creator ZeniMax Media for $7.5B
</li>
</ul>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In the near term, the deal will give the Xbox
<a style="color: #121212; text-decoration: underline !important;">
cloud gaming
</a>
service a potential edge over PlayStation (and less-developed efforts from Netflix, Google, and Amazon).
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In the long run, Activision provides Microsoft CEO Satya Nadella more talent and tools to build on his vision of an
<a style="color: #121212; text-decoration: underline !important;">
enterprise metaverse
</a>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Nadella took over as CEO in 2014
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
At the time, Microsoft was valued at less than
<a style="color: #121212; text-decoration: underline !important;">
$400B
</a>
. Today, it’s worth $2.2T+ as Nadella has successfully moved the company’s focus toward cloud technology.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Activision is now his largest acquisition ever,
<a style="color: #121212; text-decoration: underline !important;">
topping
</a>
LinkedIn in 2016 ($26B) and Nuance Communications in 2021 ($20B).
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
While Microsoft stock fell ~2% on news of the deal, Nadella’s track record — *checks math* adding nearly $2T in market cap — means we should wait before passing judgment.
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
<tbody style="text-align: right;">
<tr>
<td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
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<img alt="Share on Facebook" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Ffacebook_newest.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1nA9Ak:EpX3dGpFPioVq7QZJGiVyvaWVwVHXBT7iUfSrYzx2Ww" width="30"/>
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<td align="right" style="display: inline-block; text-align: right; padding: 0px 0px 2px;">
<a data-tags="share site" style="text-decoration: underline !important; white-space: nowrap; color: #121212; padding: 0 8px;">
<img alt="View on our website" height="30" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Flink_newest.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1nA9Ak:EpX3dGpFPioVq7QZJGiVyvaWVwVHXBT7iUfSrYzx2Ww" width="30"/>
</a>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr>
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #da2829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 3px 0px;">
SNIPPETS
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="font-size: 15px; line-height: 20px; margin: 0; padding: 15px 0px 3px 3px;">
<p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
<strong>
New Year, New Predictions,
</strong>
by
<em>
The Hustle
</em>
staff:
<a style="color: #121212; text-decoration: underline !important;">
Access
</a>
the Trends article for hot takes on crypto, mental health, electric vehicles, and more.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
<strong>
Dirty wallet:
</strong>
<a style="color: #121212; text-decoration: none !important;">
Crypto.com
</a>
<a style="color: #121212; text-decoration: underline !important;">
halted
</a>
withdrawals after a hack that resulted in 4.6k+ missing ETH, which amounts to
<strong>
$15m+
</strong>
.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
<strong>
Nostalgia pays:
</strong>
<em>
Scream
</em>
<a style="color: #121212; text-decoration: underline !important;">
dethroned
</a>
<em>
Spider-Man: No Way Home
</em>
with
<strong>
$34m
</strong>
in US box office sales after its 1st weekend. The remake stars original cast members Neve Campbell, Courteney Cox, and David Arquette.
</p>
<p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
<strong>
Not a good sign:
</strong>
Peloton
<a style="color: #121212; text-decoration: underline !important;">
hired
</a>
McKinsey to review its cost structure.
<strong>
</strong>
The move could result in layoffs and store closures.
</p>
</td>
</tr>
<tr>
<td>
<hr color="#dddddd" size="1px" width="50%"/>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="font-size: 15px; line-height: 20px; margin: 0; padding: 5px 0px 12px 3px;">
<p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 10px;">
Hey —
<em>
enjoy getting quick updates on what you care about?
</em>
</p>
<p style="font-size: 15px; line-height: 160%; margin: 0 0 0 3px; padding: 5px 0px 0px;">
<strong>
Take
<a style="color: #121212; text-decoration: underline !important;" target="_blank">
20 seconds
</a>
to personalize your Snippets.
</strong>
Pick your preferences👇 and we’ll send you more of what you love. Boom.
</p>
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<!--[if mso]><i style="letter-spacing: 25px; mso-font-width: -100%; mso-text-raise: 30pt;"> </i><![endif]-->
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Personalize my Email →
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</td>
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</table>
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
Scooby-Dough
</td>
</tr>
<tr>
<td style="padding: 0 0 6px;">
<a style="color: #121212; text-decoration: underline !important;">
<img alt="economics of dog walking" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3.us-west-1.amazonaws.com%252Ffinal_size-earings_20220119010022.jpeg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLiJ9:1nA9Ak:WjR-IY39H96_zniwxU5JyobWJ64l5IfC5eDdhbcWuBg" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
What it’s like to make $100k+ walking dogs
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Dog ownership is increasing:
<a style="color: #121212; text-decoration: underline !important;">
53%
</a>
of American households now own dogs —up 22% since 2000.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
This has led to something of a boom in recent years for individual dog walkers. At large, dog walking is an estimated
<a style="color: #121212; text-decoration: underline !important;">
$979m
</a>
industry.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The average dog walking business pulls in ~
<a style="color: #121212; text-decoration: underline !important;">
$236k
</a>
in revenue per year, per US Census Bureau data. On an individual level, salaries can be surprisingly robust.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
“Any Joe Schmo can make $50k a year working for Rover,” says Ryan Stewart, one of America’s top-tier professional dog walkers.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
“Someone who works for himself and can walk 2-3 dogs at once can make $100k. And if they’re really good, they can make $200k+.”
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
For our latest Sunday feature, we dove deep into the economics of dog walking.
</p>
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<a style="color: #ffffff !important; font-size: 16px; font-weight: bold; text-decoration: none !important; background-color: #da2829; border-radius: 15px; -webkit-text-fill-color: #ffffff; padding: 6px 20px;" target="_blank">
Read the full story →
</a>
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="border-bottom-color: #dddddd; border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
<tr style="display: block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #D62829; font-size: 16px; font-weight: bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 0px 0px 10px;">
All That and No Chips
</td>
</tr>
<tr>
<td style="padding: 0 0 6px;">
<a style="color: #121212; text-decoration: underline !important;">
<img alt="Canon printer" src="https://inboxflows.com/_/image/https%253A%252F%252Fthdaily.s3.us-west-1.amazonaws.com%252Ffinal_size-canon_20220119005858.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZ0aGRhaWx5LnMzLiJ9:1nA9Ak:WjR-IY39H96_zniwxU5JyobWJ64l5IfC5eDdhbcWuBg" style="height: auto; width: 100%; max-width: 600px;" width="600"/>
</a>
</td>
</tr>
<tr>
<td>
<h2 style="font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
Why Canon is telling people to ignore its warnings
</h2>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults" style="padding: 5px 0px 0px;">
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
The chip shortage has claimed another victim. This time, it’s printer companies that want to make you use branded ink cartridges.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
It’s all about a little thing called a DRM chip
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<a style="color: #121212; text-decoration: underline !important;">
Digital rights management
</a>
(DRM) is tech that controls how someone can access or use content. Examples include software you can’t use until you enter a key, and streaming apps that won’t let you take screenshots.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
In the case of printers, many companies — including
<a style="color: #121212; text-decoration: underline !important;">
Epson
</a>
and
<a style="color: #121212; text-decoration: underline !important;">
HP
</a>
— use DRM chips in their ink cartridges.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Customers who try to use cheaper, 3rd-party cartridges may get ominous warning messages or find they can’t print at all without a workaround, like downloading
<a style="color: #121212; text-decoration: underline !important;">
old firmware
</a>
.
</p>
<h4 style="font-size: 17px; height: 100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
Enter the big chip shortage
</strong>
</h4>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Canon has been selling cartridges without the chips because, well, there aren’t any.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
So now, some users are being warned about possible malfunctions when they try to print. Canon’s solution? Just ignore it,
<a style="color: #121212; text-decoration: underline !important;">
per
</a>
<em>
Techdirt
</em>
. That’s it.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
Canon is also being
<a style="color: #121212; text-decoration: underline !important;">
sued
</a>
over its “All-in-One” printers, which allegedly refuse to let users scan or fax if the ink cartridge is low or empty, so perhaps it’s time to rethink some things.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Fun fact:
</strong>
Keurig once tried to do the same thing with its coffee pods. Customers
<a style="color: #121212; text-decoration: underline !important;">
hated it
</a>
.
</p>
</td>
</tr>
<tr>
<td>
<table cellpadding="0" style="width: 100%; padding: 10px 10px 0px;">
<tbody style="text-align: right;">
<tr>
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AROUND THE WEB
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<strong>
🤪 On this day:
</strong>
In 2004, Democratic presidential candidate Howard Dean
<a style="color: #121212; text-decoration: underline !important;">
screamed
</a>
during a campaign speech. The widely mimicked moment may have been the 1st political meme.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
🧙♂️
<strong>
Cure boredom:
</strong>
<a style="color: #121212; text-decoration: underline !important;">
RPG Playground
</a>
lets you create your own role-playing games or play games other people have made.
</p>
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⚖️
<strong>
That’s interesting:
</strong>
Jeanne Pouchain is alive, but the French government says otherwise. This frustrating, fascinating
<a style="color: #121212; text-decoration: underline !important;">
story
</a>
details her quest to be “resurrected.”
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
🌍
<strong>
Useful:
</strong>
This site helps you create and download your own
<a style="color: #121212; text-decoration: underline !important;">
3D map
</a>
.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
💵
<strong>
How to:
</strong>
“Money avoidance” is when we put off thinking about our finances. If that’s you,
<em>
NPR
</em>
has
<a style="color: #121212; text-decoration: underline !important;">
some tips
</a>
for, well, avoiding avoidance.
</p>
<p style="font-size: 15px; line-height: 140%; margin: 5px 0px 10px;">
👶🏼
<strong>
Aww:
</strong>
And now, a Pomeranian
<a style="color: #121212; text-decoration: underline !important;">
attempts
</a>
to crawl like its friend, a human baby.
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Meme of the day
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Tony Hawk’s Pro Skater = Activision Blizzard’s masterpiece (Source:
<a style="color: #5f696c; text-decoration: underline !important;">
iFunny
</a>
)
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Today's email was brought to you by
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Trung Phan
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,
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,
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Juliet Bennett Rylah
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,
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Rob Litterst
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.
<br/>
Editing by: Jennifer “Call of Duty or Candy Crush?” Wang.
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