For two decades, adolescent smoking has been on the decline, but thanks to vaping products like Juul (which has 75% of the market), teen smoking just jumped by levels not seen for 43 years.
Almost all the kids who vape are vaping nicotine: a toxic and highly addictive substance (source: smoker for 17 years, ex-smoker for 18 years).
Juul's income growth over the past year? 800%.
Nearly all of the increase comes from an increase in vaping nicotine, and my skepticism about this disappeared when I looked up revenue figures for Juul, the top seller of vaping devices and pods. I knew that the Juul fad had practically taken over American high schools recently, but it turns out that Juul reported a monster revenue increase of nearly 800 percent between 2017 and 2018 (from $107 million to $942 million), and they control about 75 percent of the market. That’s enough all by itself to account for a huge single-year increase in vaping.
The Juul Fad Is Far Bigger Than I Ever Would Have Guessed [Kevin Drum/Mother Jones]
After Deadspin's Laura Wagner published an incredible, brave, detailed look at how her new private equity masters -- Jim Spanfeller/Great Hill Partners -- were running Gawker now that they'd acquired it from Univision, the company (now called "G/O Media") struck back.
Malibu Media (previously) is the nom-de-lawsuit for Colette Pelissier and Brigham Feld, notorious copyright troll pornographers who send "speculative invoices" to people whom they accuse of downloading the pornography and B-movies they claim copyright over in the hopes that the people they ding will just send them a check rather than going to court.
Uber -- a bezzle -- projected $8b in losses this year; but it lost more than $5b in a single quarter, and despite an initial stock price rise (dead cat bounce?) the company's shares have tumbled by more than 10% since, hitting an all-time low. Engineers who were scheduled to interview at Uber have had […]
The field of data analytics is growing as fast as the internet itself. Self-driving cars, airline pricing, and huge marketing campaigns are all driven by the insights that data scientists can distill out of vast sums of information. Even with the help of powerful software like Python, it’s a highly skilled position. But those skills […]
If you’re marketing on the web, your Google-fu needs to be strong – and up to date. Without a firm grasp on what drives traffic, you’ll never be able to take the wheel. That’s why even if you know where to put your keywords, a little extra effort goes a long way on any marketer’s […]
Want to keep the dentist away? A little tooth care at morning and night isn’t bad, but it won’t keep the stains from smoking or fried foods at bay for long. If you enjoy your food and want to avoid the consequences, an upgrade from that old analog toothbrush can make a huge difference. Among […]