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Business News

The Office Market Just Hit Ctrl+Alt+Delete

After years of collecting dust, the U.S. office market is finally getting a makeover but not the kind you might expect. For the first time in 25+ years, more office buildings are being demolished or converted than newly built. Blame it on remote work, sky-high vacancy rates (hovering near 19%), and a shift toward "highest and best use" thinking. With 23.3 million square feet on the chopping block and just 12.7 million being added, the total footprint is shrinking. The upside? Fewer empty buildings, more apartments, and maybe—just maybe—stabilizing rents. Office landlords and real estate developers, welcome to your renovation era.

Google’s $500M Compliance Makeover:

In an antitrust plot twist worthy of a Silicon Valley drama, Google has agreed to spend $500 million over the next decade to give its compliance playbook a serious glow-up. The move settles a shareholder lawsuit that accused Alphabet’s top brass including Sundar Pichai, Sergey Brin, and Larry Page of turning a blind eye to antitrust risks across search, Ad Tech, and Android. The deal, pending court approval, will create not one, but multiple new committees to oversee compliance from a dedicated board committee to a squad of senior execs reporting directly to Pichai. While Google admitted no wrongdoing, it essentially said, “Let’s not drag this out.” Shareholders won’t see a payday, but their lawyers are eyeing up to $80 million in fees. So while no one’s buying Chrome off Google just yet (stay tuned for Judge Mehta’s ruling), it’s clear the search giant is finally being forced to click on “I Accept” when it comes to playing by the rules.

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What We’re Reading

How to Expand Your Brand Across Multiple Channels

Unlock the power of multi-channel brand expansion. Dive into this strategic guide inspired by The Hustle's success story and learn how to amplify your brand's reach across diverse platforms.

You will: 

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Tip of the Day

Double Down on What’s Working

Growth doesn’t mean trying 15 new things. Audit what’s already working (traffic source, offer, email, lead magnet) and amplify that. Repeat winners, don’t replace them.