Online shoppers will find sales earlier and longer
Tech
Posthaste: Black Friday deals, deliveries and demand — what you can expect on the biggest shopping day of the year – Cochrane Times Post
Good Morning!
Black Friday and Cyber Monday, that four-day bargain binge that shoppers around the world wait for every year, is fast approaching, but this Nov. 27 is going to be a very different shopping experience.
No more door busters, mobbed aisles and frenzied shoppers. The Centers for Disease Control and Prevention in the United States has classified “shopping at crowded stores just before, on or after Thanksgiving” on a list of higher-risk activities to avoid, reports USA Today.
Walmart has already announced it will close on Thanksgiving Day, a first since the late 1980s. Target, Best Buy and other big brands are doing the same.
Nor will Canadians be flocking over the border to swarm the stores down south.
The pandemic, however, has not dulled shopper’s interest in Black Friday and Cyber Monday, a new survey by Shopify reveals. Two thirds (67%) of U.S. consumers surveyed say they plan to shop during the four-day marathon this year. In Canada it’s 50%, France, 67%, and Germany 61%, which is comparable to or even higher than last year.
They also plan to spend more. Americans see themselves laying out US$686, Canadians, $481. In Britain, shoppers expect to spend £376, France, €466 and Germany €389.
But most of that shopping will not be in actual stores. The survey found more than half of Canadian shoppers (52%) plan to shop online only during the Black Friday, Cyber Monday weekend. In the U.S. it’s 49%, the U.K. 62%, Germany (53%), Australia (53%).
Another hefty share, 48% in the U.S., plan to shop online and in stores, but only 3% plan to shop in stores only.
And for bargain hunters, here’s the best part. Because of limits to how many people can be in a store and concerns about the timing of deliveries, sales are starting earlier this year and lasting longer.
“The concentrated four-day period traditionally marked by deep discounts and promotions has now evolved into a broader holiday shopping season,” said Shopify.
More than half of Shopify’s merchants surveyed said they believed consumers would start their holiday shopping before Black Friday this year, and they started preparing in September. About 20% of shoppers in Canada and the United States said they have started looking for Black Friday deals online and many big brands have already announced best-price sales to be staggered through November.
Shopify said the extended Black Friday, Cyber Monday season gives retailers more time to prepare for the hike in online orders and fluctuating inventory.
Curbside pickup and local delivery have substantially increased during the pandemic as more retailers moved online and it is having a “significant business impact.”
On average shoppers who chose these options spent 23% more.
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DON’T QUIT YOUR DAY JOB — YET Toronto millennial Nelson has a dream — a career in comedy. Before the pandemic put a stop to it, he was performing at amateur nights in Toronto clubs, while keeping his day job in communications. Nelson wants to move to Los Angeles to take things up a notch, but there’s a punch line to that plan. Find out what this twenty-something has to give up to chase his dream in this week’s Spent by Victor Ferreira.Brice Hall/National Post Illustration
- Deputy Prime Minister Chrystia Freeland will deliver a virtual keynote speech on Canada’s plan for a strong economic recovery from COVID-19 to the Chamber of Commerce of Metropolitan Montreal.
- Conservative Leader Erin O’Toole will deliver remarks at a Canadian Club Toronto event, followed by a fireside chat
- Lisa MacLeod, minister of heritage, sport, tourism and culture industries, will deliver a speech on sectoral resiliency and renewal to the Empire Club of Canada
- Today’s data: Canadian GDP (August), U.S. personal income and spending
- Earnings: Imperial Oil, Fortis, SNC-Lavalin, Shaw Communications, Exxon Mobil, Chevron, Under Armour
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International tourist arrivals throughout the world are down 70% in the first eight months of 2020, the World Tourism Organization revealed this week. That decline represents 700 million fewer international tourists compared with the same period in 2019, and a loss of US$ 730 billion in export revenues from international tourism, more than 8 times the loss in 2009 under the impact of the global economic crisis. Most UNWTO experts expect a rebound in international tourism by the third quarter of 2021 but it is not expected to return to pre-pandemic 2019 levels before 2023.
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The Bank of Canada is keeping its foot to the floor to drive economic growth, as the resurgence of COVID-19 this fall threatens to slow the pace of recovery.
The central bank announced Oct. 28 that it will maintain its 0.25% target for the overnight rate, which means consumers can expect interest rates on mortgages and other loans to remain ultra-low for the foreseeable future.
It’s a tough road ahead, but in the meantime both homeowners and homebuyers can take great advantage of the bank’s plan to fight through the fallout. Our content partner MoneyWise has some helpful advice.
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Today’s Posthaste was written by Pamela Heaven (@pamheaven), with files from The Canadian Press, Thomson Reuters and Bloomberg.
Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com, or hit reply to send us a note.
Tech
Ottawa orders TikTok’s Canadian arm to be dissolved
The federal government is ordering the dissolution of TikTok’s Canadian business after a national security review of the Chinese company behind the social media platform, but stopped short of ordering people to stay off the app.
Industry Minister François-Philippe Champagne announced the government’s “wind up” demand Wednesday, saying it is meant to address “risks” related to ByteDance Ltd.’s establishment of TikTok Technology Canada Inc.
“The decision was based on the information and evidence collected over the course of the review and on the advice of Canada’s security and intelligence community and other government partners,” he said in a statement.
The announcement added that the government is not blocking Canadians’ access to the TikTok application or their ability to create content.
However, it urged people to “adopt good cybersecurity practices and assess the possible risks of using social media platforms and applications, including how their information is likely to be protected, managed, used and shared by foreign actors, as well as to be aware of which country’s laws apply.”
Champagne’s office did not immediately respond to a request for comment seeking details about what evidence led to the government’s dissolution demand, how long ByteDance has to comply and why the app is not being banned.
A TikTok spokesperson said in a statement that the shutdown of its Canadian offices will mean the loss of hundreds of well-paying local jobs.
“We will challenge this order in court,” the spokesperson said.
“The TikTok platform will remain available for creators to find an audience, explore new interests and for businesses to thrive.”
The federal Liberals ordered a national security review of TikTok in September 2023, but it was not public knowledge until The Canadian Press reported in March that it was investigating the company.
At the time, it said the review was based on the expansion of a business, which it said constituted the establishment of a new Canadian entity. It declined to provide any further details about what expansion it was reviewing.
A government database showed a notification of new business from TikTok in June 2023. It said Network Sense Ventures Ltd. in Toronto and Vancouver would engage in “marketing, advertising, and content/creator development activities in relation to the use of the TikTok app in Canada.”
Even before the review, ByteDance and TikTok were lightning rod for privacy and safety concerns because Chinese national security laws compel organizations in the country to assist with intelligence gathering.
Such concerns led the U.S. House of Representatives to pass a bill in March designed to ban TikTok unless its China-based owner sells its stake in the business.
Champagne’s office has maintained Canada’s review was not related to the U.S. bill, which has yet to pass.
Canada’s review was carried out through the Investment Canada Act, which allows the government to investigate any foreign investment with potential to might harm national security.
While cabinet can make investors sell parts of the business or shares, Champagne has said the act doesn’t allow him to disclose details of the review.
Wednesday’s dissolution order was made in accordance with the act.
The federal government banned TikTok from its mobile devices in February 2023 following the launch of an investigation into the company by federal and provincial privacy commissioners.
— With files from Anja Karadeglija in Ottawa
This report by The Canadian Press was first published Nov. 6, 2024.
The Canadian Press. All rights reserved.
Health
Here is how to prepare your online accounts for when you die
LONDON (AP) — Most people have accumulated a pile of data — selfies, emails, videos and more — on their social media and digital accounts over their lifetimes. What happens to it when we die?
It’s wise to draft a will spelling out who inherits your physical assets after you’re gone, but don’t forget to take care of your digital estate too. Friends and family might treasure files and posts you’ve left behind, but they could get lost in digital purgatory after you pass away unless you take some simple steps.
Here’s how you can prepare your digital life for your survivors:
Apple
The iPhone maker lets you nominate a “ legacy contact ” who can access your Apple account’s data after you die. The company says it’s a secure way to give trusted people access to photos, files and messages. To set it up you’ll need an Apple device with a fairly recent operating system — iPhones and iPads need iOS or iPadOS 15.2 and MacBooks needs macOS Monterey 12.1.
For iPhones, go to settings, tap Sign-in & Security and then Legacy Contact. You can name one or more people, and they don’t need an Apple ID or device.
You’ll have to share an access key with your contact. It can be a digital version sent electronically, or you can print a copy or save it as a screenshot or PDF.
Take note that there are some types of files you won’t be able to pass on — including digital rights-protected music, movies and passwords stored in Apple’s password manager. Legacy contacts can only access a deceased user’s account for three years before Apple deletes the account.
Google takes a different approach with its Inactive Account Manager, which allows you to share your data with someone if it notices that you’ve stopped using your account.
When setting it up, you need to decide how long Google should wait — from three to 18 months — before considering your account inactive. Once that time is up, Google can notify up to 10 people.
You can write a message informing them you’ve stopped using the account, and, optionally, include a link to download your data. You can choose what types of data they can access — including emails, photos, calendar entries and YouTube videos.
There’s also an option to automatically delete your account after three months of inactivity, so your contacts will have to download any data before that deadline.
Facebook and Instagram
Some social media platforms can preserve accounts for people who have died so that friends and family can honor their memories.
When users of Facebook or Instagram die, parent company Meta says it can memorialize the account if it gets a “valid request” from a friend or family member. Requests can be submitted through an online form.
The social media company strongly recommends Facebook users add a legacy contact to look after their memorial accounts. Legacy contacts can do things like respond to new friend requests and update pinned posts, but they can’t read private messages or remove or alter previous posts. You can only choose one person, who also has to have a Facebook account.
You can also ask Facebook or Instagram to delete a deceased user’s account if you’re a close family member or an executor. You’ll need to send in documents like a death certificate.
TikTok
The video-sharing platform says that if a user has died, people can submit a request to memorialize the account through the settings menu. Go to the Report a Problem section, then Account and profile, then Manage account, where you can report a deceased user.
Once an account has been memorialized, it will be labeled “Remembering.” No one will be able to log into the account, which prevents anyone from editing the profile or using the account to post new content or send messages.
X
It’s not possible to nominate a legacy contact on Elon Musk’s social media site. But family members or an authorized person can submit a request to deactivate a deceased user’s account.
Passwords
Besides the major online services, you’ll probably have dozens if not hundreds of other digital accounts that your survivors might need to access. You could just write all your login credentials down in a notebook and put it somewhere safe. But making a physical copy presents its own vulnerabilities. What if you lose track of it? What if someone finds it?
Instead, consider a password manager that has an emergency access feature. Password managers are digital vaults that you can use to store all your credentials. Some, like Keeper,Bitwarden and NordPass, allow users to nominate one or more trusted contacts who can access their keys in case of an emergency such as a death.
But there are a few catches: Those contacts also need to use the same password manager and you might have to pay for the service.
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Is there a tech challenge you need help figuring out? Write to us at onetechtip@ap.org with your questions.
Tech
Google’s partnership with AI startup Anthropic faces a UK competition investigation
LONDON (AP) — Britain’s competition watchdog said Thursday it’s opening a formal investigation into Google’s partnership with artificial intelligence startup Anthropic.
The Competition and Markets Authority said it has “sufficient information” to launch an initial probe after it sought input earlier this year on whether the deal would stifle competition.
The CMA has until Dec. 19 to decide whether to approve the deal or escalate its investigation.
“Google is committed to building the most open and innovative AI ecosystem in the world,” the company said. “Anthropic is free to use multiple cloud providers and does, and we don’t demand exclusive tech rights.”
San Francisco-based Anthropic was founded in 2021 by siblings Dario and Daniela Amodei, who previously worked at ChatGPT maker OpenAI. The company has focused on increasing the safety and reliability of AI models. Google reportedly agreed last year to make a multibillion-dollar investment in Anthropic, which has a popular chatbot named Claude.
Anthropic said it’s cooperating with the regulator and will provide “the complete picture about Google’s investment and our commercial collaboration.”
“We are an independent company and none of our strategic partnerships or investor relationships diminish the independence of our corporate governance or our freedom to partner with others,” it said in a statement.
The U.K. regulator has been scrutinizing a raft of AI deals as investment money floods into the industry to capitalize on the artificial intelligence boom. Last month it cleared Anthropic’s $4 billion deal with Amazon and it has also signed off on Microsoft’s deals with two other AI startups, Inflection and Mistral.
The Canadian Press. All rights reserved.
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