Google and Bed Bath & Beyond Revived

If you wish to be removed, please [click here]( to unsubscribe. [The DAily GRIND News]( Grind for July 5th, 2018 # First sip "Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets." - Henry Ford [Learn more about RevenueStripe...]( New Horizons The Headline Why Google's investment in KaiOS is a big deal The Grind Google recently invested $22 million in KaiOS - a phone company that makes operating systems for minimalist smartphones like the Nokia 8110 (think old-school flip phone). Google's investment is part of its "Next Billion Users" division, which seeks to infiltrate the not-so-smart smartphone market in developing countries. As reported by TechCrunch, KaiOS phones will now support Google Maps, Google Search, YouTube, and other popular features. The Details Google's involvement with KaiOS comes at a time when smartphones sales are flat lining, but sales of KaiOS phones are skyrocketing. KaiOS sold 40 million phones the year in 2017 (the same year it was released). The company sold 23 million phones during the first quarter of 2018. Google's investment introduces underserved communities to useful tools like navigation and search engine capabilities while at the same time guaranteeing a new wave of Android customers. Critics say the move is a power grab that will give Google access to a whole new swatch of user data. Either way, the millions of KaiOS customers in India aren't complaining. [share]( [tweet]( You Might Like [Learn more about RevenueStripe...]( Bad For Business The Headline Shareholders reject Bed Bath & Beyond director Victoria Morrison The Grind In a rare public protest, investors in the home goods company Bed Bath & Beyond overwhelming voted against the re-election of Victoria Morrison. Investors also rejected the company's executive compensation plan following a tumultuous year in which Bed Bath & Beyond's shares have lost a full third of their value. ISS data suggests that directors of S&P 500 companies average 98% support from shareholders. While Bed Bath & Beyond is not among those companies, it is still odd for a director to receive less than 70% support. The Details Morrison, age 64, is a member of the Bed Bath & Beyond's compensation committee and has served on the company's board since 2001. She is also general counsel of the real-estate company Edison Properties. The vote against Morrison came after shareholders were advised to withhold their votes on members of the compensation committee. Two others directors on the committee received large protest votes, but not enough to unseat them. Investors also agreed to reduce CEO Steven Temares's compensation to $11.8 million for 2018. Temares has been CEO since 2003. His total compensation has been cut every year since 2015. In the meantime, the board has 90 days to decide whether it will accept Morrison's resignation from the board. [share]( [tweet]( Good to the last drop Did you know... Between 2007 and 2012, Bill Gates gave away $28 billion; saving 6 million lives. [share](#) [tweet](#) Help The Daily Grind support our Friends at Lady Freethinker You Might Like [Learn more about RevenueStripe...]( This email was sent to {EMAIL}" You can [OPT OUT]( your email address from our list. We respect your right to privacy. [View our policy.]( This email was sent by: The Daily Grind News 6890 E. Sunrise Dr. Suite 120-137 Tucson, AZ. 85750 Don't forget, your friend wants to be interesting too. So [Forward this Email to a Friend](