Bubble tea supplies are running low
April 15, 2021
American’s favorite bubble tea drinks, AKA boba, could become harder to find as supplies of tapioca, the chewy balls in the beverage, grow low. The blockage of the Suez Canal last month is said to have caused delays in shipments of the bubble tea ingredient. “This is an industry-wide shortage,” according to the owners of U.S. Boba Co., which operates shops in New York, Los Angeles and San Francisco. “Some boba shops are already out. Others will run out in the next few weeks. Ninety-nine percent of boba comes from overseas.”
Recent News
Spotify Faces Disruptions After Layoffs
During Spotify’s recent earnings call, CEO Daniel Ek acknowledged that the company’s decision to lay off employees last December had a more substantial impact on operations than initially anticipated.
Clear’s Airport Line-Skipping Faces California Scrutiny
Clear, a biometric scanning service, lets travelers skip airport security lines for $189 a year. Now, California lawmakers are pushing back against its expansion.
Walgreens Broadens Specialty Pharmacy Services for Cell and Gene Therapies
Walgreens revealed its plans to collaborate directly with drug manufacturers to provide cell and gene therapies to patients in the U.S.
Meta’s Threads Has 150 Million Monthly Active Users According to Mark Zuckerberg
Meta’s Threads, which entered the market to compete with the likes of X, is growing at a robust rate.