Daily LInks
1. The Cybersecurity Lawsuit That Boards Are Talking About. In October, the SEC sued a software company hacked by Russian agents in 2020, accusing it of defrauding investors by not disclosing allegedly known cybersecurity risks and vulnerabilities. – Read More on NY Times
2. ‘Dupes’ clothing, perfume craze lures holiday shoppers as major brands fret. Dupes have become so widely available from such a broad range of sellers that experts say it is difficult to quantify how much market share they may steal from the original products. Most at risk are brand-name perfumes, cosmetics and mid-tier clothing and footwear. – Read More on Reuters
3. Brands keep dumping their script logos. Which brand will be next? An overarching move to rebrand has raised the question, which will be the next script-logo domino to fall? Could it be Kellogg’s, Coors, Lysol, Hallmark, Cadillac, Champion, or Instagram perhaps? Could it be the classic Ford Motor Company wordmark? – Read More on Fast Co.
4. RELATED READ: Blanding. What Is It, How Did We Get Here & What Does it Mean Going Forward? As part of a larger trend in branding, or better yet, blanding, a growing number of high fashion and luxury companies – and other consumer goods and tech companies, as well – are looking to spartan logos “designed not to stand out at all, but to blend in.” – Read More on TFL
5. Shoppers Are Finally Getting a Break on Prices. “Consumers are under pressure and they are continuing to shift into experiences and away from the categories we sell,” Macy’s CEO Jeff Gennette said. – Read More on the WSJ
6. Power grab by France, Germany and Italy threatens to kill EU’s AI bill. France, Germany and Italy are stonewalling negotiations over a controversial section of the EU’s draft AI legislation, so it doesn’t hamper Europe’s own development of “foundation models.” – Read More on Politico