LiveWire

With two of the largest and most profitable businesses in the S&P500, it comes as a surprise from Citi group that Google and Facebook would see a clamp down on profits in the near future. Citi analyst Bazinet, suggests that the ad business is not the sustainable way forward, and that those relying too much on it could be pained. This is due to something called the ''Sixth Turning'', what Bazinet says will be better macros, robust e-commerce and higher retailed traffic making growth harder to attain because of things like competition and rising ad intensity per dollar economics. 

The global freight trucking market is a $4 trillion annual revenue industry (or Total Addressable Market; TAM). The United States represents about 20% of the global market, or nearly $800 billion. The middle mile (greater than 150 miles per delivery) is 60% of the addressable market and is the first focus segment for TuSimple. It is developing lane operations on 5-6 major highways which represent 80% of the domestic trucking market.

Founded in 2016, Plus will be looking to raise $150M from investors via a PIPE deal. The company has raised $200 million in a funding round last February and another $220 million in March. The startup has begun delivering its automated driving system to customers in the US and China this year. 

While you may think that paying for online news is a thing of the past, many newspaper still work with a paywall, at least for a portion of their content. In fact, in Norway, 45% of users pay for their news, and 20% in the US. The New York Times is by far the first in line, with 7.5 million subscribers. Note that the top 4 are all Americans.

The NFT mania is expanding to the music industry. Recently, Live Nation's CEO said that the company would branch out into NFTs. Much like NBA Top Shot, the company will propose top moments in the form of NFTs to be traded on platforms like OpenSea, as well as concert tickets in the form of NFTs. Such as ticket will be sellable on the secondary market, but could be made so that the price does not exceed a certain threshold to avoid ridiculous prices as well as make sure that part of the profit goes back to the artist or concert venue.