Key Insights More ad money is moving to the NFL as a result of college football postponements, which left advertisers with fewer gross ratings points options. Super Bowl talks are proceeding more slowly than last year, but have picked up in recent weeks. After most professional sports were sidelined in March by Covid-19, several leagues,…Read More
The sudden cessation of international tourism as a result of the COVID-19 pandemic has brought the world’s largest employer to a standstill, with widespread hardship following in its wake. Can the sector recover?
It is hard to overestimate the impact of Covid-19 on tourism. It is harder still to overstate the impact on those countries, regions and resorts that are heavily dependent on foreign visitors. From the beaches of Bali and Fiji to the Safari parks of Kenya and South Africa and the dunes in Namibia, the impact has been devastating.
Namibia has been on lockdown for almost 6 full months which meant that no tourists were coming into the country at all. Only recently did the Namibian government decide to kickstart a tourism initiative. Tourists would have to provide negative COVID-19 test results not older than 72 hours old before they would be allowed into the country and then they would have to spend 7 days at their first destination to curb the spread of the virus.
As hopeful as the country was to revive the tourism sector, this initiative has so far proven unsuccessful. The country has nor recorded a single tourist arrival at the Hosea Kutako International Airport since.
The current regulations are being reevaluated for arriving tourists and hopefully, the country will get their batch of international tourists as soon as possible.
If you do not know this already, Clicks has been in some hot water over an advert that they did in collaboration with Tresemme. Consumers are up in arms over the hair promotion and the company’s reputation is on the line.
Clicks evoked widespread fury by showing an advertisement on its website for TRESemmé hair products, with pictures that described the hair of a black model as “dry and damaged” and “frizzy and dull”, contrasting with blonde Caucasian hair that was “fine and flat” and “normal”.
The potential strength of consumer activism spoke loud and clear in the 6% drop in the Clicks share price in the wake of the insulting hair products advert they posted on its website last week. It sends a clear message to corporations: sensitivity to your customers is key to your reputation, which is key to your sustainability.
Now, Clicks is not the first company to have done something insensitive and quite frankly, something avoidable like this. Lots of other companies have done that in the past. The outcry from consumers has led to senior executives resigning their roles and Clicks putting out a statement that they will boot Tresemme off their shelves. The worst is only beginning for Clicks, keep a lookout on how they get through this self-made saga.
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Sloterdijk used to say: If you love yourself, you won’t do drugs! Bitcoin price We closed the day, September 09 2020, at a price of $10,242. That’s a minor 1.06 percent increase in 24 hours, or $108. It was the highest closing price in one day. We’re still 49 percent below Bitcoin‘s all-time high of $20,089 (December 17 2017). Bitcoin market cap Bitcoin‘s market…
Despite coming down hard on Tesla’s Autopilot and Full Self-Driving, Germany isn’t totally against the concept of self-driving cars. Sure, Tesla’s Autopilot isn’t actually a self-driving system, but it is considered a large part of the autonomous or partially automated vehicle landscape. According to a report from local news outlet, The Local DE, some of Germany’s politicians, including Chancellor Angela Merkel, met this week and have agreed that the country should play a “pioneering role” in the regulation of self-driving cars. The first step the country is going to take to realize this goal is to draft some laws, how…
So you’re interested in AI? Then join our online event, TNW2020, where you’ll hear how artificial intelligence is transforming industries and businesses. In 2018, a big fan of Nicholas Cage showed us what The Fellowship of the Ring would look like if Cage starred as Frodo, Aragorn, Gimly, and Legolas. The technology he used was deepfake, a type of application that uses artificial intelligence algorithms to manipulate videos. Deepfakes are mostly known for their capability to swap the faces of actors from one video to another. They first appeared in 2018 and quickly rose to fame after they were used to modify adult videos…
Working remotely comes with a unique set of challenges across the board – mundanity, loneliness, increasingly blurred lines between working and living – and all of those are okay, as long as you know how to manage them. As someone who has been working from home for 10 years, I’ve learned the hard way how to create an optimal environment and push past these kinds of barriers. Ensuring your work-from-home experience is a positive and productive one isn’t necessarily difficult (it’s mostly about small tweaks), but it can be more complicated than you might expect. Here are five things that…
IF This Then That (IFTTT), a web-based service that lets you set up useful task flows between popular apps (like sync photos you post on Twitter to your Dropbox storage) is adding a paid tier after a decade of being available for free. More importantly, it’s reducing free tier usage to three applets (tasks). The company said it’s taking this step to “better align our Pro product roadmap with the needs of our most active Applet creators.” With the pro tier, IFTTT is introducing new features such as multi-step applets, multiple action execution with logic, and faster execution. The last…
The day’s finally here! Huawei‘s annual developer conference, HDC 2020, is taking place from September 10 – 12, at Huawei HQ in Shenzhen, China starting at 9 am today. Aside from the usual developer fare — including breakout sessions in fintech, gaming, ecommerce, and travel & navigation — we’re expecting a handful of hardware announcements, as well as the latest developments on HMS Core 5.0, HarmonyOS, and EMUI 11. You can find the agenda here. Follow along the live stream below for the latest, and scroll down for our up-to-the-minute event coverage and reactions. Live blog Follow along with TNW’s live blog,…