Starbucks (NASDAQ:) announces NFT initiative as union-busting controversy continues
Nonfungible tokens continue making headlines, with coffee giant Starbucks having recently signaled its intent on joining the NFT party. Sometime before the end of this calendar year, we are going to be in the NFT business, said Starbucks CEO Howard Schultz via a Partner Open Forum on Monday.
The NFT talk surfaced in tandem with a rising interest in unionization led by workers of the chains U.S. stores. One of the folks heading up the union movement, Laila Dalton, was let go from Starbucks shortly after the NFT announcement. Comments from Schultz show he is not in favor of unions.
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