Today’s Slice of Bread for Wednesday, December 19, 2023
According to research firm Circana, sales of VR headsets and AR glasses in the U.S. have experienced a significant decline of nearly 40% as of November 25th, 2023. This decline coincides with Meta’s continued investment in the metaverse. What are some possible reasons behind the decline in sales of VR headsets and AR glasses in the U.S. despite advancements in technology? How do you think Meta’s investment in the metaverse may influence the future of the VR market? What potential opportunities or challenges might arise as a result?
Affirm, a buy-now-pay-later company, experienced a significant surge of more than 15% in its stock after announcing an expansion of its partnership with Walmart. This expansion allows customers to utilize the Affirm feature when using self-checkout kiosks in over 4,500 Walmart stores across the United States. How does the expanded partnership between Affirm and Walmart benefit customers who prefer the convenience of self-checkout? What factors do you think contribute to the growing popularity of buy-now-pay-later services like Affirm? How might this influence the future of consumer spending?
Tesla has announced that it will be implementing pay increases for its set-rate hourly workers at the battery factory in Sparks, Nevada. Starting in early January 2024, these workers can expect to see their pay rise by approximately 10%[. What is the significance of Tesla’s decision to implement pay increases for its hourly workers at the Nevada Gigafactory? How might improved wages impact workers’ perceptions of the company and their interest in forming a union?
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