An estimated 100m face paint-wearing, chest-pounding football fans chowed down on chicken wings and chugged beers yesterday as they watched the Super Bowl.
But today, 17.2m of those same fanatics are taking sick days from work, according to research reported by The Washington Post.
The Rams aren’t the only losers this morning: The total amount of lost productivity on ‘Super Sick Monday’ is expected to exceed $4B.
Most managers get it: 62% of execs “think it’s funny” when their employees call out sick the day after the big game, according to a recent survey.
But the hangovers also seem to be getting worse: Research shows that the number of workers who surrender to sleeping in on the day after the Bowl has been rising since 2005.
The amount of productivity lost in the aftermath of the Super Bowl is so consistent year after year that some managers want to throw in the towel and make the Monday after the Super Bowl a national holiday and, according to research, 72% of HR managers agree.
Why It’s Hot:
A National Hangover Day sounds like a nice idea especially if your team lost the big game. The chances of this happening are slim to none: the last new holiday that was created was MLK day in 1983.
Recharge, a San Francisco startup that made headlines a few years ago for offering hotel stays by the minute (for a nap, shower or phone call, the company says), is expanding to offer the same service in people’s homes.
The big picture: Technology has enabled the creation of online marketplaces that segment the use of physical space in new ways — from Airbnb’s home-sharing service to companies like Breather that let you book office space for a meeting or call. Even Airbnb recently acquired Gaest, a marketplace for renting out office space.
How it works: Guests in the Bay Area, Los Angeles and New York can book a stay in an available home via the Recharge app just as they would book a visit in one of its hotels.
For hosts, Recharge offers two options: a self-managed option, which means the host takes care of the cleaning and gets to keep most of the revenue, and an “autonomous” option, for which Recharge provides the cleaning, but takes a much bigger cut of the fee.
Hosts have to apply and be vetted, including providing a copy of their lease if they don’t own the home to ensure the service won’t violate its terms.
Recharge co-founder and CEO Emmanuel Bamfo says that the company’s service is legal, even in cities like San Francisco and New York with strict home-sharing laws, because there are no overnight stays.
But ultimately, it remains to be seen whether landlords react negatively to Recharge, he admits.
By the numbers: To date, Recharge has had 50,000 bookings, with an average stay of two hours, says Bamfo. It works with 50 hotels and has approved 1,100 homes. Eventually, says Bamfo, Recharge wants to purchase and manage its own hotels to have more flexibility.
Funding: Since raising $2.3 million in seed funding in 2016, Recharge has brought on strategic investors like JetBlue Ventures and Fifth Wall (which has ties to the real estate industry), bringing its total funding to $10 million.
Why It’s Hot:
Cities like San Francisco and New York are notoriously strict with home-sharing laws. By not allowing overnight stays Recharge found a way to bypass these laws one minute at a time.
Festivals are all the rage with this generation: millennials. From Cochella to Burning Man to Lollapalooza, it’s a time to get away from all their troubles, which sure does help a lot. When new festivals pop up, asking this demographic, “Wouldn’t you like to get away?,” thousands of young adults flock to the desert or into the middle of a city to hang among their peers and dance the night away. However, not all of these festivals go smoothly.
In 2017, entrepreneur Billy McFarland attempted to put on a fantastical music festival in the Bahamas called the Fyre Festival. This elitist and very expensive event ended up being a total disaster. Now, both Netflix and Hulu have competing documentaries about this moment in history, but which one should you watch?
Both of these movies pretty much come to the same conclusion, that event coordinator Billy McFarland is a functioning sociopath, compulsive liar, and a modern-day snake oil salesman. However, how both these films come to that conclusion is very different.
Netflix’s Fyre and Hulu’s Fyre Fraud recount the events leading up to the Fyre Festival and how it all came together, which was way too quickly and without any experienced leader running it all. From having to switch the island where it was going to be held, to FEMA tents being used instead of villas, to the bands dropping out the last minute, it is the story of someone who desperately wants to be something he is ultimately not, a tech billionaire.
Fyre, Netflix’s documentary about the event, has a bit more of a mature take on the events and presents them as seriously as possible. This is one of director Chris Smith’s best documentaries, which is saying quite a lot as he also directed 2017’s Jim and Andy: The Great Beyond for Netflix and 1999’s cult classic American Movie. The story is delivered as more of a mystery, asking the audience, “What went wrong?” It’s apparent, from the get-go, that the problem was lack of planning and trying to rush out a product–which rests squarely on the shoulders of Billy McFarland.
The subjects being interviewed for the piece are those who worked on the festival, from the ones who set up the stages and “sleeping” areas to those involved in the planning of the event. As the movie progresses, it becomes clear that it’s nothing short of a “clusterf***,” with McFarland’s response to most problems being something along the lines of, “think positive and it will all work out.” It doesn’t.
Fyre feels like a smashing success as it is a wonderfully engrossing movie from start to finish. It is essentially a rollercoaster ride of a story, for those who are only semi-familiar with what happened at the event.
Over at Hulu, Fyre Fraud almost has a comedic bent to the entire piece, especially with the musical cues transitioning between each scene, which is hard to take in when the thesis for the film is that Fyre Media founder Billy McFarland was knowingly defrauding everyone around him. Fyre Fraud lets the audience know that everything about this festival was a part of the malicious intent that McFarland had. It’s clearly a leap away from what Netflix’s Fyre.
It feels as though Fyre Fraud is geared much more to a younger audience, yet at the same time, a chunk of an early portion of the movie focuses heavily on what “celebrity influencers” and “social media” are, so choices like that are a bit bizarre. Additionally, the movie jumps around quite a bit in the Fyre Festival timeline.
Fyre Fraud is much more about a Cliffsnotes version behind-the-scenes before and after the event–including from people that attended the event–but the one thing Hulu’s documentary has over Netflix’s is interviews with Billy McFarland. However, it’s not as in-depth as you may hope for. There are even portions left in the movie where McFarland states he refuses to answer questions or simply says, “I don’t know.” However, the McFarland interviews alone make it worth your while to watch Fyre Fraud. Additionally, the Hulu documentary makes it a point mention that Jerry Media produced the Netflix documentary, and Jerry Media who were behind the social media marketing for Fyre Fest, and needless to say, Fyre Fraud is not kind to Jerry Media, while Netflix’s documentary tends to paint them in a much better light.
Why It’s Hot:
Although Fyre Festival was an epic failure and Billy McFarland refuses to admit to any wrongdoing his marketing campaign was genius. McFarland was able to utilize the FOMO culture and influencer marketing on social media perfectly. He knew his target audience, affluent millennials, would jump at the opportunity to go to an exclusive “once in a lifetime” event. Fyre Festival highlighted the stereotypes older generations love to attribute to millennials and in the end the desire impress strangers online enabled McFarland to cheat partygoers out of millions of dollars.
After unveiling their self-lacing HyperAdapt 1.0 sneakers in 2017, Nike is finally bringing their most ambitious footwear technology development to the sports world with the Nike Adapt BB, the first basketball performance sneaker with the Beaverton-based footwear giant’s automatically-cinching power laces.
Much like in the popular 1985 film Back to the Future, which featured a glimpse of what was to come, Nike’s Adapt shoes have special laces in the sneakers which will be powered by a tiny motor and controlled by the owner through either a button provided on the shoe, or operated by a specialized app on the owner’s smart phone.
In a January 15 news release, Nike provides more detail about how the shoes will work:
“When a player steps into the Nike Adapt BB, a custom motor and gear train senses the tension needed by the foot and adjusts accordingly to keep the foot snug. The tensile strength of the underfoot lacing is able to pull 32 pounds of force (roughly equal to that of a standard parachute cord) to secure the foot throughout a range of movement.
That’s where the brain, or FitAdapt tech, kicks in. By manual touch or by using the Nike Adapt app on a smartphone, players can input different fit settings depending on different moments of a game. For example, during a timeout, a player can loosen the shoe before tightening it up as they re-enter the game. In a forthcoming feature, they can even prescribe a different tightness setting for warm-ups. Plus, players can opt in to firmware updates for the FitAdapt technology as they become available, sharpening the precision of fit for players and providing new digital services over time.”
Why It’s Hot:
Are bluetooth enabled, self tying basketball shoes necessary? Absolutely not
Are they cool? Definitely.
Will the Nike Adapt BB set a new trend and have we seen the last of shoe laces? Only time will tell.
Harley-Davidson announced that it will begin taking preorders for its highly anticipated electric motorcycle, LiveWire, this fall and expects to have them on the road IRL by August.
And, for all you rough-ridin’ traditionalists worried that going electric may strip your street cred, Harley-Davidson released some specs that may bring you peace as you roll into Nazareth and take a load off that fanny.
The LiveWire will rev from 0 to 60 in under 3.5 seconds, can travel 110 city miles on a single charge, and — for those who need that Harley rumble — will reportedly produce a “new signature sound.”
But it isn’t going to be cheap: The LiveWire’s list price starts at almost $30k, which is significantly more expensive than other electric motorcycles poppin’ wheelies into the market today.
For example, Zero (hailed as the “Tesla of motorcycles”), which starts north of $10k and has seen a compounded annual growth rate of about 40% each year since it hit the road in 2006.
The motorcycle industry as a whole has struggled since the recession but, as emission standards change, demand for alternative transportation is expected to increase — hence H-D’s push into EV.
But it’s not just Harley. The moto market as a whole is accelerating, expected to grow nearly 42% by 2021, with around 40m units projected to be sold by 2023.
Why it’s hot?
With a US sales drop of 13.3% and an inability to attract the attention of young customers, Harley decided to add an new layer to its brand identity. Focusing on a environmentally conscience audience they are hoping to replicate the success of Tesla by becoming the manufacturer of the latest “cool” electric vehicle.
Eight months after one of Uber’s self-driving cars struck and killed a pedestrian, the ride-hailing company is close to putting its autonomous vehicles back on the road in a drastically reduced version of earlier efforts. Uber was driving its autonomous vehicles on public roads in four cities — sometimes at night — at speeds as high as 55 miles an hour when testing was halted after the accident. Starting within a few weeks, it plans to run the vehicles on a mile loop between two company offices in Pittsburgh. They won’t operate at night or in wet weather, and they won’t exceed 25 m.p.h.
But even as the company has lowered expectations, its autonomous car technology has faced considerable issues. The cars have reacted more slowly than human drivers and struggled to pass so-called track validation tests, the last step before returning to city streets, according to a dozen Uber documents and emails as well as interviews with seven current and former employees, who spoke on the condition of anonymity because they were not allowed to talk publicly about the company. The scaled-down street testing would be a humble return for a cutting-edge effort that Uber’s executives once considered a key to its prosperity.
While Uber is growing fast and is expected to make its debut on Wall Street next year, it is wildly unprofitable. The company lost $1 billion in its most recent quarter.
In conjunction with Uber’s request to resume testing autonomous vehicles on public roads, Uber also published a safety report, a letter on safety from CEO Dara Khosrowshahi, and a summary of internal and external safety reviews. Uber also linked to the full 56-page external safety review completed by the law firm LeClairRyan.
Self-driving cars were supposed to help cut Uber’s losses by eliminating the need for drivers, perhaps the company’s biggest expense. But expectations were well ahead of the technology.
While Uber’s cars have been off the streets, its competitors have pushed ahead with similar projects.
Google’s autonomous vehicle unit, Waymo, started a driverless ride-hailing service in Arizona on Wednesday. Another contender, Lyft, started a robotic ride-hailing service in Las Vegas this year with the manufacturer Aptiv. General Motors acquired the self-driving start-up Cruise in 2016, has since netted major investments from SoftBank and Honda, and has been testing the vehicles in San Francisco and other locations.
Why its hot: Once fully implemented the self driving cars will be the key to Ubers profitability while eliminating a vital source of income for countless drivers.