What You Need to Know Today: May 27

Good evening, Early Risers!

Here’s what you need to know today

Tech

“At worst, they are the next-generation MTV. At best, they are the next-generation Viacom,” says Chamath Palihapitiya, former Facebook executive and high-tech investor talking about Snapchat’s “real” business plans. Snapchat co-founder and CEO, Evan Spiegel held a rare press conference yesterday, where he explained the future of the $15 billion news and video messaging app. Read the full story.

The Bank of Facebook. Would you store your money with Facebook? A legitimate question. “This past March, Facebook rolled out free peer-to-peer payments and set the company down a path to becoming one of the world’s most powerful financial institutions.” (Tech Crunch). Here’s a look at what The Bank of Facebook could be.

Career

Well this is embarrassing… Apparently we’ve been doing email introductions all wrong. For example: If Joe wants to introduce Jack to his friend Mary. He sends an email to Mary and cc: Jack. No? This is called a single opt-in intro and it’s terrible. Here’s how to send a proper intro.

Personal Development

“I loved baseball ever since Arnold Rothstein fixed the World Series in 1919.” – Hyman Roth, (Godfather Part II). Today one of the biggest scandals in sports history is unravelling, as FIFA officials have been arrested in corruption investigation. The allegations should come as no surprise, FIFA has been under scrutiny since president Jospeh “Sepp” Blatter won reelection in 2011 after his only opponent pulled out amid allegations of attempted bribery.

Living in Irony since 1980. “As modern women and men, we are far more concerned with attaining optimum physical health, reaching sky-high levels of mega success and looking more fierce and fabulous than any generation existing before us.” (Elite Daily). It’s true millennials value health more than generations past (mostly because we have access to more information). But where millennial’s good intentions falter is on weekends. Here’s a scary, yet accurate, description of a typical twenty-something’s weekend. What do you think? Are millennials an exception or did their parents waste weekends in similar fashion? Let us know in the comments below. If you want to know what successful people never do on weekends, read this.

#ETRTrivia

The average retirement age in the US is 61.

New research predicts recent college grads (Gen Y) won’t have enough assets to retire until what age?

Click here for answer.

Did you like today’s news brief? Drop us a line telling us in the comments what you’d like more of.

Check out what you missed in the last Daily Brief here.

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