Thesocialtalks

Global sales for the second straight quarter wring the same results as the last: down, down, down. Tesla have not deemed it valuable to give an explanation for the decline, however, their dip in sales may be because of the rise in competition in the Electric Vehicle industry, younger startup automakers attempting at getting a share of the market pie. The growing skepticism in buyers on whether electric cars can meet their needs also has heavily affected Tesla’s numbers, since the early rise was due to early adopters, now it’s time to convince the everyday masses. It’s looking like the worst has yet to come for Tesla. What do you think? #Tesla #QuarterlyResults #TheSocialTalks #AutomotiveIndustry #News #GlobalDevelopment

Google has kept up the promise of their goal for net zero greenhouse gas emissions by 2030, however, just last Tuesday, Google revealed that its emissions have climbed 48% over the past five years. Reaching net zero would require the company removing as much carbon dioxide as it emits, their emissions being doubled over due to the demand for electricity consumption from their AI products. What can be done? #ArtificialIntelligence #TheSocialTalks #Google #ClimateCrisis #GreenhouseGas #News

Jihadists descend upon communities, cities and villages in Burkina Faso with guns flailing. Villagers run and flee to any spots hidden from the attackers- and just like that, upwards of 2 million people, displaced from their homes since the uprising in 2014. After the ousting of the president, Blaise Compaoré, there was a coup in 2022 with his successor, Roch Marc Christian Kaboré. All this political animosity resulted in a 137% increase in violence, 8000 reported killings from the Nord region. Fear feeds their stomachs, they have no homes, no promise of returning to their homes. A humanitarian crisis. #Africa #TheSocialTalks #HumanRights #GlobalDevelopment #HumanitarianCrisis

For the first time ever, Balmoral Castle, the Royal Family's retreat in Scotland since the 1850s, will be open to the public. The castle's entrance hall, red corridor, main and family dining rooms, page's lobby, library, and drawing room are all open for guided tours from July 1 to August 4. The King has made some alterations to the castle, such as replacing the carpets in the drawing room with Hunting Stewart tartan, the original flooring Queen Victoria had installed. Sir Edwin Henry Landseer, a Victorian painter who was adored by Queen Victoria and brought to Balmoral each summer to teach her and Prince Albert in painting, has also had paintings hung by him. Highlights for guests to view include the dinner gong, which was crafted from materials recovered from the British warship Temeraire, which took part in the Battle of Trafalgar, and the chauffeur's whistle, which was once used to summon the driver. King Charles has asked that tea be served on a replica of the White Stewart Tartan China used by the royal family at Balmoral. Twenty-four hours after the guided tours went on sale, tickets costing £100 (or £150 with afternoon tea) for the royal residence could accommodate only forty visitors per day. #TalkSocialToUs #BalmorialCastle #ScottishHistory #TouristAttraction #UKTravel #RoyalFamily #TheSocialTalks

The movie's success has given the previously struggling 2024 box office a boost. Up until the film's June 16 release, domestic sales were more than 25% behind the previous year's figures. The Pixar team's inventiveness and the film's ability to appeal to a global audience were praised by Tony Chambers, Disney's executive vice president of theatrical distribution, who expressed his joy at this achievement. The Incredibles 2, Finding Dory, both "Frozen" films, and the final two "Toy Story" movies are among the select group of Disney and Pixar films that have made over $1 billion in revenue. Inside Out 2 has joined this exclusive group. #TalkSocialToUs #BoxOffice #MovieIndustry #Pixar #Disney #InsideOut2 #FilmSuccess #BoxOfficeRevival #TheSocialTalks

After owner Walgreens Boots Alliance (WBA) decided not to pursue a £5 billion sale or stock market flotation of the company for the second time in two years, Boots CEO Sebastian James plans to step down in November. WBA will continue a strategic review of Boots' assets despite the company's strong recent trading performance, with like-for-like sales rising 5.8% in pharmacy and 6% in retail. The proprietor is still dedicated to making investments in Boots UK and coming up with creative ideas to help the company reach its full potential. Amid worries about the state of the world economy and difficulties in finding a suitable replacement for Boots' £8 billion pension plan, the failed sale plan attracted only one formal offer worth roughly £5.5 billion. Following his appointment as Boots' CEO in 2018, Sebastian James has agreed to take on a new position in the health care world. With roughly 1900 locations across the UK, Boots employs about 52,000 people. #TalkSocialToUs #Boots #WalgreensBootsAlliance #BusinessLeadership #StrategicReview #UKEconomy #TheSocialTalks

The increasing demand for Artificial Intelligence technology has resulted in Aamzon’s shares rising by 30% in the past year. Last month, Amazon’s stock value reached $2 trillion, while its biggest competitors (Nvidia, Apple, and Microsoft) have reached $3 trillion. Amazon’s stock market value hit a record high on Wednesday, July 3. In response, Jeff Bezos, the founder of Amazon, announced he would sell 25 million more Amazon shares worth around $5 billion. Bezos sold $8 billion worth of shares in February, the first time since 2021 that he sold Amazon shares. He currently holds the company’s executive chair and the largest share. According to Forbes, Bezos is currently the second richest man in the world, with a net worth of $214 billion. #TheSocialTalks #JeffBezos #Amazon #StockMarket

Paramount’s controlling shareholder and Skydance have been working on a deal for months. In June, the companies halted their talks of a merger, only to reveal that they had reached an agreement two weeks later. Paramount is the parent company of CBS, MTV, and Nickelodeon. Skydance is an up-and-coming studio that helped produce the movie Top Gun: Maverick. As traditional cable television has been dwindling, media companies like Paramount have had to work diligently to find ways to maintain profit. Paramount has struggled with its streaming service, and the merger would help create a more stable and profitable company. The deal will allow Paramount a 45-day ‘shopping period’ to discuss a potential deal with other companies. Before proceeding, a special committee of Paramount’s board of directors must approve the merger agreement. #TheSocialTalks #Paramount #Skydance #Merger

Philadelphia cream cheese has released “Land of the Cream Cheese,” an original song by country artist Travis Yee, just in time for the Fourth of July. Promoting patriotism and recipes featuring cream cheese, the tune is available on streaming platforms and amplified through TikTok and Instagram with a music video and short spots. This Kraft Heinz campaign leverages Americana themes to connect with consumers amid rising home cooking trends. #CreamCheese #FourthOfJuly #CountryMusic #PhiladelphiaCheese #TikTokCampaign #TheSocialTalks

Despite a slight slowdown, the US economy added an impressive 206,000 jobs in June, surpassing forecasts of 190,000. The unemployment rate nudged up to 4.1%, and wage growth hit a three-year low, signaling a potential rate cut by the Federal Reserve later this year. Key Takeaways: * Job Gains: 206,000 new jobs in June. * Revised May Figures: 218,000 jobs (down from 272,000). * Unemployment Rate: Edged up to 4.1%. * Wage Growth: Slowest in three years. With the Fed considering a rate cut in September, we're on the lookout for significant shifts in the financial landscape. Stay tuned for more updates as we navigate these economic changes! #Thesocialtalks #JobsReport #USEconomy #FederalReserve #JobGrowth #EconomicUpdate