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The Newsfeed

Quote of the Day: “My favorite thing to do to have fun is stay at home and invite friends over.”—Male, 32, VA

While some older employees may fear a robot takeover, Millennials are welcoming it. When the Options Group asked Wall Street employees how improved technology will impact their careers within five years, at least 8% of employees over the age of 26 agreed it would make them obsolete, but no employee under the age of 26 “checked that box,” indicating that “concerns about technology grow stronger with age.” Instead, employees under 26-years-old were most likely to believe it would lead to a better work-life balance. (Bloomberg Markets

Riot Games has been named Inc.’s company of the year as they spearhead the reinvention of sports. The esports company has created a “massive niche” with their team-based game League of Legends, which has more than 100 million monthly users, and a virtual goods market expected to generate almost 1.6 billion in sales for Riot this year. Esports is gaining traction as the sport to watch, and Riot has invested in making their competitions look like professional sporting events. (Inc.

Affluent Millennials want to be their own boss. A global study by UBS found that almost three-quarters of top-earning 18-34-year-olds consider themselves “likely” to start their own company, and 9% have already done so. Their ambitious energy is also motivating them to chase down prospects wherever it might take them: seven in ten say they would move abroad to pursue an opportunity, with London, New York, and Dubai the top three locations cited. (CNBC

The federal government is expected to forgive at least $108 billion in student debt in the coming years. Our recent financial tracker found that 34% of 21-34-year-olds are paying student loans monthly, and this debt has financially stunted many as they entered adulthood. After a steep rise of borrowers defaulting on their loans, an income-driven repayment plan was passed by Congress in the 1990s and 2000s, and enrollment has tripled over the past three years. The full amount of student debt forgiven will likely grow as more participate. (The Wall Street Journal)  

Shell is launching an interactive music video on Snapchat to get young users excited about their clean energy initiatives. The #makethefuture video, which was released last month with various music artists singing a cover of The Best Day of My Life,will now begin appearing as a Snapchat ad. Users can engage with the video, choosing which artist they want to sing the song, and clicking “animated elements” to see Shell’s energy ideas—from recycled coffee beans to off-grid electricity. (Adweek

Quote of the Day: “When I think about money I feel depressed and anxious”—Female, 30, FL

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