Whop Digest Week of Mar 21-27

Technology, transportation, crypto, and more! Quench your thirst for news with this week’s digest.

Oil Giant Tries Crypto

ExxonMobil is piloting a project in North Dakota to take advantage of wasted gas. The company plans to use the excess gas to power Bitcoin mining operations via mobile generation units. ExxonMobil’s move is part of a greater collaboration between oil behemoths, such as ConocoPhillips, to capitalize crypto-related opportunities. Both corporations helped establish the Oil & Gas Blockchain Consortium in 2019.

Nike Sacai Blazer Low

Sacai is back with another modern collaboration centered around the classic Nike Blazer low model. The blazer will come in two colorways: 1) white and neutral tones, and 2) black and white tones. Both pairs are set to release on March 21 for a retail price of $120. Currently, the black pair is reselling for around ~$150 on StockX.

Apple Wallet Driver License

Partnering with the state of Arizona, Apple launched its first digital driver licenses and state IDs in the Wallet App. iPhone and Apple Watch users will soon be able to use their digital ID at TSA checkpoints in the Phoenix Sky Harbor International Airport. Colorado, Hawaii, Mississippi, Ohio, and the territory of Puerto Rico plan to bring support for the feature in the coming months.

Uber + NYC Taxis

A former enemy of the Taxi industry, Uber is now joining forces with NYC taxi cabs. Coming Spring 2022, over 14,000 active taxi cabs will be bookable on the Uber app. Taxis will be priced the same as UberX cars.

Jordan Brand Stores

Nike is going full-steam-ahead on its D2C (direct to consumer) business model. Over the past four years, the company has reduced its wholesale accounts by more than 50%, doubling down on flagship stores and online sales. As retail goes digital, Nike’s physical locations are becoming more experiential. Just last week, Nike announced a handful of new Jordan-themed stores coming in 2023. Their plan seems to be working: Nike’s revenue grew 5% to $10.9 billion in the third quarter of 2021.

YouTube Adding 4,000 Free TV Episodes

YouTube is adding thousands of free TV episodes to the platform, including Hell’s Kitchen, Andromeda, Heartland, and more. This update comes in the wake of Roku’s wildly successful Roku Channel, which features tons of free ad-supported movies and tv shows. Hundreds of new tv shows and movies will be added each week as the program expands.

Fun fact: In 1911, the Standard Oil Company (formerly the largest oil refiner in the world) was broken up, creating Exxon and Mobil as independent companies. Then, in a 1999 mega merger, Exxon and Mobil were reunited under one company: ExxonMobil.

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