Business micro-summaries for July 2, 2019

IBM Spinning off it's IBM Watson Marketing division; In the age of #metoo, businesses say two invitations for a date is too many; Buying bitcoin has been profitable on 3,671 days out of 3,830; 5 things you need to advance your career; A Steem review of the Every Day Coin (EDC) for business

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Straight from my RSS feed:

Links and micro-summaries from my 1000+ daily headlines. I filter them so you don't have to.

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1. IBM is spinning off its advertising business, IBM Watson Marketing, and it could be bad news for Adobe, Oracle, and Salesforce - IBM is spinning off IBM Watson Marketing, and CEO Mark Hurd says the new entity will be the "largest independent marketing cloud", and could challenge Oracle, Adobe and Salesorce with more artificial intelligence capabilities and flexibility for clients. In my own observation, bureaucratic spinoffs like these are often heavily saddled with debt, so it sometimes takes them a while to find their footing. Color me skeptical. An interesting side-note in the article is that IBM has been focusing on blockchain, presumably with their hyperledger work, which has met with criticism.


2. At Google, Facebook and Airbnb, you only get one shot to ask a co-worker on a date - Airbnb and Google acknowledge the policy, but it's unwritten at Google. Facebook didn't respond to a request for comment. On the other hand, Tinder is more permissive. According to CareerBuilder, work place romance hit an all time low in 2018, when just 36% of workers said they had dated a coworker.


3. Buying Bitcoin Has Been Profitable 98.2% of the Days Since Creation - According to data from 99bitcoins.com, buying on 3,671 days of bitcoins history has been profitable and purchases on 159 days (the article says 69, but that math doesn't seem to add up) would have been unprofitable. Using historical pricing data and google trends search data, analysts argue that bitcoin is still operating in "stealth mode", and the trading case is bullish.


4. 5 Things You Need from Your Job to Advance Your Career - Stories, skills, salary, social capital, and satisfaction. David L. Veksler argues that advancing your career isn't about working longer hours. Instead, he advises to eliminate the "junk" an focus on building on those five planks.


5. STEEM EDC Solution for Businesses: Helping Startups launch and attain full scalability via Blockchain Technology and Tokenization - This article by @mayowa-eu provides a review of the EDC (Every Day Coin) token. The token runs on the bitshares 2.0 graphene architecture and operates at 100,000 transactions per second. It also enables creation of custom token, carries low commissions, subsidizes exchange listing costs, and provides a secure wallet that enables mining, token leases, deposits, and withdrawals. (5% of the rewards from this post will go to @mayowa-eu.)

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In order to help make Steem the go to place for timely information on diverse topics, I invite you to discuss any of these links in the comments and/or your own response post.

For example, feel free to comment on any or all of these discussion topics:

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• How do you think IBM's marketing spin-off will fare against rivals like Oracle, Adobe, and Salesforce?
  
  
• Do you think that businesses should adopt rigid sexual harassment policies like the ones described at Facebook, Google, and Airbnb, or more flexible ones like the one described at Tinder?
  
  
• Given Bitcoin's meteoric early rise, do you think the number of profitable days argument is persuasive, or is it a misleading metric for a newly created technology? What is your reasoning?
  
  
• Do you think that Veksler's 5 components overlook anything that's needed for a successful career? Do you agree with his argument that working longer hours isn't the solution?
  
  
• Would your business have a practical use for the EDC tokens that @mayowa-eu describes?
  
  

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About this series

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