🧭 Drink water to win $250k

Plus: Boeing's massive $250 million investment in Montreal

Good morning, how much water can you drink to win $250K in cash? Here’s what’s up:

  • Liquid Death is giving away $400k jet or $250k in cash, find out how to enter.

  • Boeing is investing $240M in Montreal’s aerospace innovation zone.

  • Millennials are taking “quiet vacationing” rather than paid time off.

  • More AI by Microsoft

  • Red lobster filed for bankruptcy.

  • And more biz-tech stuff.

Let’s get into it.

AEROSPACE 

✈️ Boeing’s $240M investment in Montreal’s aerospace innovation zone

Image source: Cirium

Boeing is investing $240 million to become the anchor tenant in Montreal’s aerospace innovation zone - Espace Aéro. The zone is also house to other major companies like Pratt & Whitney Canada and Airbus.

Why is this a big deal?
The Espace Aéro project, overseen by Aéro Montréal, aims to make Quebec a world leader in aerospace decarbonization and advanced air mobility.

This innovation zone will include a development center and aircraft research and training programs, contributing to the province's longterm strategy to lead in aerospace technology.

WORK

🏖️ Millennials are “quite vacationing” rather than paid time off

Who needs PTO when you can just work from anywhere.

According to Harris Poll Survey, 4 out of 10 Millennial professionals say they have taken time off without telling their manager.

They feel it's better to take a ‘quiet vacation’ compare to PTO because they don’t have to deal with the pressure of deadlines. Plus, they don’t want to look like slacker to their boss.

The company culture: Libby Rodney, chief strategy officer at The Harris Poll believes employees finding sneaky ways to take breaks is a sign that the company doesn’t have a supportive PTO system in place.

The solution: According to Harris, companies need to get more creative in with their PTO systems like offering:

  • Company wide week-long shutdowns on major holidays.

  • Paying new hires to take a vacation, before they start.

  • Mandatory PTO each quarter.

FOOD & BEV

🤑 Liquid Death is giving away a $400,000 jet or $250,000 in cash

Image source: Liquid Death

The $1.4 billion canned water brand, known for their marketing stunts is taking things to the next level.

Liquid Death is giving away a $400k fighter jet or $250k in cash. Starting now till September 4, every in-store purchase of the drink will count as an entry, customers just need to upload the receipts on this website.

AI

🤖 More AI by Microsoft

Image source: Rapid Circle

Microsoft has been announcing back to back AI gems at their Build developer conference.

Here are the latest Microsoft updates that you need to know:

Microsoft announced Team Copilot: which Microsoft Teams to manage meeting agendas, take co-authored notes, and summarize chat information. Team Copilot will be available in preview later this year for customers with a Copilot for Microsoft 365 license, starting at $30 per user per month.

Custom emoji in Microsoft Teams: a new features that lets users create their own emojis, teams chats about are going to be fun starting July.

Microsoft Egde feature update: users can now translate Youtube videos in few different languages including Spanish, German, Hindi, Italian and Russian, while you are watching the videos - thanks to Copilot.

  • 🎧️ Sonos makes their long awaited headphones debut: Sonos Ace. Available starting June 5, priced at $449.

  • 📉 Inflation in Canada slows down dropping to 2.75% in April from 3.05% in March. - Bloomberg CA

  • 💸 Red Lobster for files bankruptcy protection.

  • 📱 Apple fixed the IOS bug that was resurfacing old deleted photos.

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