McDonald’s franchisees met this past week at the office of a large franchisee in Tampa, Florida to discuss the formation of an independent franchisee association. This franchisee association, the first in the company’s history could signal a shift in the cultural relationship McDonald’s has with its franchisees. This meeting speaks not only to changing times at McDonald’s but franchising in general.
Collective Issues Produce a Common Voice
Restaurant franchisees of many brands are feeling the profit pinch due to the rising cost of goods, higher labor, and increasing occupancy cost. However, in the case of McDonald’s franchisees, the issues are broader. McDonald’s franchisees face some additional challenges such as the cost of restaurant remodels, changes in operating procedures such as cooking some menu items to order as well as increased …
Essential Products Inc., the consumer electronics startup run by Android creator Andy Rubin, is putting most projects aside to focus on development of a new kind of phone that will try to mimic the user and automatically respond to messages on their behalf, according to people familiar with the plans.
The company paused development of a planned home speaker, months after canceling a different smartphone that had been in the works, said the people, who asked not to be identified because the details are private. Sales of an earlier phone were disappointing, and the company is abandoning the effort partly because the product is too similar to others on the market. Essential had considered selling itself this year after a series of setbacks…
A year ago, Chinese President Xi Jinping stood before the 19th Communist Party Congress and laid out his ambitious plan for China to become a world leader by 2025 in advanced technologies such as robotics, biotechnology and artificial intelligence.
It was seen as a direct challenge to U.S. leadership in advanced technology. James Lewis, a specialist in China and technology at the Center for Strategic and International Studies, says China recognizes that technological superiority helps give the United States an edge in national security and wants in on it.
“The Chinese figured out that technology is the key to wealth and power, and the source of technology is still the West for China,” says Lewis. The question is: “How do they get their hands on that Western technology?”
California has passed a law banning default passwords like “admin,” “123456” and the old classic “password” in all new consumer electronics starting in 2020.
Every new gadget built in the state from routers to smart home tech will have to come with “reasonable” security features out of the box. The law specifically calls for each device to come with a preprogrammed password “unique to each device.”
It also mandates that any new device “contains a security feature that requires a user to generate a new means of authentication before access is granted to the device for the first time,” forcing users to change the unique password to something new as soon as it’s switched on for the first time…
Amazon just announced that it will be raising its minimum wage for all U.S. workers to $15 an hour, effective November 1.
The policy will cover employees at Amazon subsidiaries, including Whole Foods, and well as seasonal and temporary employees. Amazon says that in total, this will cover 250,000 employees, plus 100,000 seasonal employees.
This comes as Amazon is facing increasing scrutiny over how its workers are treated and paid. Senator Bernie Sanders, for example, recently introduced legislation to end what he calls “corporate welfare” — and it’s pretty clear who he had in mind, since the bill was titled Stop Bad Employers by Zeroing Out Subsidies (BEZOS)…
Researchers say font, which slants to the left and has gaps in each letter, can aid recall.
Australian researchers say they have developed a new tool that could help students cramming for exams – a font that helps the reader remember information.
Melbourne-based RMIT University’s behavioural business lab and design school teamed up to create “Sans Forgetica”, which they say uses psychological and design theories to aid memory retention.
About 400 university students have been involved in a study that found a small increase in the amount participants remembered – 57% of text written in Sans Forgetica compared with 50% in a plain Arial.
Three members of the Expedition 56 crew returned safely to Earth Thursday from the International Space Station, where they spent months providing hands-on support for scientific research in low-Earth orbit, working to keep the orbiting laboratory fully operational, and performing three spacewalks.
NASA astronauts Drew Feustel and Ricky Arnold, and cosmonaut Oleg Artemyev of the Russian space agency Roscosmos landed at 7:44 a.m. EDT (5:44 p.m. in Kazakhstan) southeast of the remote town of Zhezkazgan in Kazakhstan.
The crew completed hundreds of experiments during its 197-day expedition in space. Highlights included an investigation to study ultra-cold quantum gases using the first commercial European facility for microgravity research, and a system that uses surface forces to accomplish liquid-liquid separation…
- A startup called Ambrosia Medical that charges $8,000 to fill your veins with the blood of young people plans to launch its first clinic in New York City at the end of this year.
- Founded by Stanford graduate Jesse Karmazin, the company recently completed the first clinical trialdesigned to assess the benefits of young blood transfusions.
- Although his team has not yet published the results of the trial, Karmazin said the results were “really positive.”
To startup founder and Stanford Medical graduate Jesse Karmazin, blood is the next big government-approved drug.