💸 Truth Social goes public

Good morning. This is Shades of the Day, the daily newsletter that summarizes and organizes the different shades of perspective in news and culture so that you can see the big picture quickly.

Here at Shades we believe that seeing multiple points of view is the best way to stay informed. The easiest (and most fun!) way to do that is with the Shades mobile app, where this newsletter’s content is pulled from.

It’s Tuesday, March 26 — here’s what you’ll find in today’s newsletter:

• Truth Social’s new status as a public company

• The rise of interviews conducted by AI

• 4 quick hits of news from the last 24 hours

- Jeff (co-founder of Shades)

P.S. You may notice that we’ve updated our branding. We’re preparing to release the biggest-ever update to the Shades mobile app, which includes a new look and feel, plus social community features. If you want to be a beta tester for the new app, email me at [email protected] and I’ll get you access.

💸 Truth Social goes public

Trump's Truth Social hits the market, sparking debates on its real value vs. potential as a political cash cow.

💸 Investors agreed to a plan to take Truth Social, Trump's social media venture, public. The WSJ says the decision could land Trump $3 billion.

💸 But WaPo says investors should think twice. Trump's shaky business history makes Truth Social's valuation seems inflated.

💸 MSNBC had a slightly different take: Truth Social is a bad bet for investors, but Trump's supporters will likely rally behind it anyway.

💸 Still, @SaltyGoat17 on X sees serious potential in Truth Social: Its valuation will go through the roof if Trump wins the 2024 election.

🤖 AI interviews

Interviews conducted by AI are efficient and consistent, but lack human interaction and empathy.

🤖 AI interviews are becoming more common. The Guardian says they’re catching some applicants by surprise, but the practice is here to stay.

🤖 PSCI thinks AI interviews are a huge help for recruiters. They're an efficient, productive, and decisive way to screen candidates.

🤖 But Recruiter.com points out some definite cons. AI interviews can be biased and can lack transparency.

🤖 Harvard Business Review says candidates need more guidance on how to navigate them. Being interviewed by a robot is an exhausting and confusing process.

🤖 Think you might be interviewed by AI? Forbes has some tips to help you be as successful as possible.

Quick hits

💳 Visa and MasterCard reach a settlement in an antitrust lawsuit, potentially saving consumers billions.

⚫ An unprovoked subway attack in East Harlem leaves one dead after they were pushed onto the tracks.

⚫ Baltimore's Key Bridge collapsed after a ship lost power and collided with it, prompting a search and rescue operation.

🚨 Sean “Diddy” Combs's homes raided by federal agents amid serious sex crime allegations.

Thanks for reading. If you have any feedback about our newsletter and what changes you’d like to see, please share it here — or you can email me at [email protected]. We’d love to hear from you!