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Snacks / Monday, August 26, 2019

New card, who dis?… Apple’s digital-first credit card with Goldman Sachs went live nationwide to everyone with iPhones. Apple’s proud of its hoverability (you don't "swipe" your iPhone), privacy (the number changes with each transaction), and rando-coolness (it turns colors based on your purchase). But Apple's most innovative creation since AirPods couldn’t save the stock from the trade war cross-fire — nearly all Apple hardware is made in China.

Fewer angel sightings... More bralettes and inclusive sizing. Victoria's Secret missed that trend — and shares of its owner L Brands plummeted to a 10-year low after the lingerie icon's sales fell another 6% last quarter. The Chief Marketing Officer behind its push-up culture is out after 30 years and the company will stop broadcasting its fashion show.

Propagandists ❤️ Twitter, Facebook, and Google... As activists in Hong Kong protest for more democracy, Chinese authorities started buying ads online. And posting a lot of false details. The social media platforms acted to crush the state-sponsored disinformation — a reminder to investors that online ads are good for mattress companies that want to sell to you... and dishonest governments that want to mislead you.

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