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Google starts testing disabling 3rd-party cookies with 1% of users

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Top stories today:

  1. Google starts testing disabling 3rd-party cookies with 1% of users
  2. Clicks announces physical keyboard accessory for iPhone at $139+
  3. U.S. consumers spent $222.1B online in Nov.-Dec., +5% YoY
  4. OpenAI's GPT Store to launch next week

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Google starts testing disabling 3rd-party cookies with 1% of users

  • Disabling 3rd-party cookies will make it harder for advertisers to serve users targeted ads.

  • Google is pushing its own “Privacy Sandbox” to replace cookies.

    • Google will retain the users’ browser data directly (for <=30 days) and use that information for ad targeting.

    • You can turn it off by going here: chrome://settings/adPrivacy

2. Clicks announces physical keyboard accessory for iPhone at $139+

  • Business news articles have gotten long, fluffy, opinionated, and too politically motivated. That's why business news outlets bringing a unique spin to business news, like this newsletter and THE CEO REPORT, are growing at a record pace.

  • THE CEO REPORT recaps the most important business news, economic trends, and leadership insights for 85,000 CEOs every evening 100% free.

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4. U.S. consumers spent $222.1B online in Nov.-Dec., +5% YoY

Cyber Monday was the best-selling day

Cyber Monday also offered the best discounts

Relatedly, Amazon had 29% of order volume market share in the week preceding Christmas, from 21% in Thanksgiving

5. OpenAI's GPT Store to launch next week

6. Interesting videos, posts, and memes

7. Other headlines

AI

Tech

  • Tesla recalls 1.6M cars in China due to Autopilot crash risk, as in U.S.

  • Netflix wants to monetize its games, which only 1% play.

  • Steam: 14.5K games launched in 2023, record.

  • Apple Fitness+ introduces sound meditation, golfer programs, more.

  • Peloton, TikTok partner up for fitness hub; Peloton stock +14%.

  • Invision, design startup once valued at $2B, shuts down.

  • Kim Kardashian's mobile game shutting down after 10 years.

  • GroupM teams up with YouTube, Disney, Roku to improve video ads.

  • Tomasz Tunguz's 2024 predictions: AI, resurging web3.

  • The CEO Report: become a better leader by subscribing, 100% free.*

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Tech & law

  • Snapchat's disappearing messages could make it liable for content: judge.

  • Huawei's 5nm laptop chip made in Taiwan, not China.

  • SpaceX sues NLRB for accusing it of firing workers critical of Elon.

  • Biden admin awards $162M to Microchip under the CHIPS Act.

Biotech

  • APOE4 appears to increase mortality, in addition to Alzheimer's risk.

  • Paxlovid, potent Covid drug, only used by 15% of eligible patients.

  • Sirtuin 2 overexpression fails to extend life in mice.

  • Moonwalk emerges from stealth with $57M for epigenetic medicines.

  • NIA's decision to defund Dog Aging Project “unjust.”

Business

  • 164K new jobs in ADP report; main employment report out today.

  • Fisker gives up on direct-to-consumer sales in favor of dealerships.

  • The Messenger only generated $3M in revenue, lost $38M in 2023.

  • Arrived: learn how to invest as little as $100 in fractional real estate, which has outperformed the S&P500 over the past 20 years.*

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Crypto

U.S. politics

  • Foreign countries spent $7.8M+ on Trump properties while he was in office.

  • NYC sues bus companies for $700M for transporting illegal migrants.

  • IL, MA groups file motions to remove Trump from ballot.

  • Kristi Noem says Trump should pick someone like her as VP.

  • DeSantis PAC donates $92.5K to 14 Iowa lawmakers who endorsed him.

  • Bill Ackman's wife partly recognizes she plagiarized PhD dissertation.

World

  • Islamic State claims responsibility for terrorist attack in Iran.

  • Blinken leaves for trip to Israel, Turkey, Qatar, UAE, Saudi, others.

  • North Korea fires 200+ artillery shells near S. Korean islands.

  • Oscar Pistorius, convicted of murder, released on parole.

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