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1. E-commerce: At the center of profitable growth in consumer goods. Explosive growth puts the United States second in social purchasing only to China, where that channel already makes up more than 13 percent of the e-commerce market. – Read More on McKinsey

2. Ouster of Gap CEO Syngal Follows Trend of Women Being Fired Faster: Women in the role step down after an average tenure of 6.6 years, compared with 9.9 years for men, according to data compiled by exechange.com. – Read More on Bloomberg

3. Startups eye metaverse, NFTs, to solve Africa’s economic woes: Mann hopes that metaverse spaces such as his Ubuntuland will be a “job creation tool” where users can showcase their skills or earn online. – Read More on Reuters

4. Most Expensive Bottle of Champagne Sold for $2.5 Million—NFTs Included: The bottle is printed with five NFTs, or nonfungible tokens, and the purchase includes a transfer of the digital ownership. – Read More on the WSJ

5. Twitter faces uncertain future amid legal showdown with Elon Musk: The company’s stock is falling and economic headwinds are coming. Analysts said Twitter will likely need an infusion of cash — either from Musk himself or from new bargain-hunting suitors. – Read More on S&P Global (In case you need the Twitter v. Musk complaint, you can find it here.)