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    Gaming technology continues to get better as time progresses. Console and PC games now have better visuals, smoother gameplay and faster loading times because of better SSDs. It has even gotten better outside of the PC and console world, with improvements in mobile gaming. Mobile titles can now compete with the best in providing a great playing experience. This makes them a highly sought after market for many of the giants from the industry, including PlayStation. READ MORE- These Cyberpunk 2077 Mods Let You Configure Hidden Settings and Optimize RAM Pool PlayStation releases a job listing for the post of Head of Mobile A new job listing from PlayStation reveals the company’s intentions to get a slice of the mobile gaming market. The listing is for a Head of Mobile position in the company. It also reveals some other details such as the possibility of the console’s popular titles getting...
    I didn’t think it would get beyond glossy renders and CES headlines, but Razer’s RGB light-infused face mask has wannabe cyber ninjas very excited, and the company has responded by making the thing. Razer Earlier this week, Razer CEO Min-Liang Tan told Yahoo Finance that the electronics maker plans to manufacture its Project Hazel mask concept. Beyond the RGB razzle-dazzle, it has a built-in microphone and speaker that can amplify your voice when you speak, with bacterial filtration efficiency pods that can trap 95 percent of airborne particles, making it comparable to an N95 mask. Tan didn’t say when the mask will go into production, but he explained that post-vaccination, many will still want to mask up in the future. There are also countries and regions where that may not be able to vaccinate their entire population within the next year or two. The CEO added: “Project Hazel is going...
    Special Purpose Acquisition Companies have made the jump from arcane Wall Street tool to celebrity investment vehicle in the past year, with the likes of Colin Kaepernick and Jay-Z signing on amid market euphoria. Now speculation is growing that former President Donald Trump is about to harness his populist political movement and global recognition to become the latest big name to join the trend. A Florida-based investor, who is considering asking the former president to join his venture, told the Washington Examiner he would be a natural fit. “Amazing promoter and showman. While his involvement might alienate some, it would also motivate others,” he said. “And you also get his input — a lifetime of experience, both good and bad. He’s lost and come back and knows when a deal is worth pursuing.” TRUMP COURTS BILLIONAIRE BACKERS FOR SOCIAL MEDIA PLATFORM Trump has been largely holed up at his Mar-a-Lago...
    Marcy Eisenberg is looking to bring drone testing to Northern Virginia this fall.  The former president of information technology consulting firm Pathoras Corp. has formed a new company with the aim of providing a hub for innovators in unmanned aerial systems, also known as drones.  Xelevate Solutions Training Center is a new venture with Andrew Biechlin, Eisenberg’s husband, co-founder and the company’s vice president, to provide facilities for testing and collaboration within the drone industry. The couple also founded Pathoras, which was a 2016 Washington Business Journal Best Places to Work honoree. It has since sold to Reston firm Bogart Associates of Northern Virginia. Xelevate filed a zoning determination request through its land-use attorney, Cooley LLP, in December. The plans call for leveraging a 66.3-acre site culled from two adjacent lots near Lucketts to provide sites and resources for drone flight training, testing and other capabilities.  While there are a handful… Read the full story from the...
    School reopening debate: Heres where people on different sides of the issue are coming from U.K. Firms Decry Unfair Brexit Border as EU Goods Waved In In today's job market, every part of the application process plays an important role in getting you an interview and offer. © Provided by CNBC For many job seekers, the first impression you'll make with a new company is through your resume. But Wendy Braitman, a certified career coach at the outplacement firm Randstad RiseSmart, says people often make one major mistake that can mean the difference between your resume ending up in the "advance" versus "pass" pile. Load Error "Where people often miss the mark is they will list the tasks they did at their job, but not the impact that it had," Braitman tells CNBC Make It. This is a big mistake, Braitman explains, because it's not enough to tell...
    Logos on facade at the shared headquarters of Internet company Coupang and security company SentinelOne in the Silicon Valley town of Mountain View, California, October 28, 2018.Smith Collection | Gado | Archive Photos | Getty Images Investors looking to buy shares of South Korean e-commerce firm Coupang when it goes public in New York should consider if the company has what it takes to be profitable in the future. That's the advice Daniel Yoo, head of global asset allocation at Yuanta Securities, Korea, has for clients. "What you really need to know is whether or not, in the business environment of Korea and e-commerce, can they be able to generate a huge, profitable return on capital," Yoo said Thursday on CNBC's "Street Signs Asia." Coupang is set to debut on the New York Stock Exchange under the ticker "CPNG" later in the day when U.S. markets open. The company said...
    A ceramic figurine of Trump as Buddha is being sold on Chinese online shopping platform Taobao, with the slogan "make your company great again". Sina Weibo A 5-foot tall ceramic figurine of Trump as Buddha is being sold on Chinese shopping platform Taobao. The listing came with the fetching description: "make your company great again."  Among Taobao's other top-rated Trump-related merchandise is a Trump toilet brush.  Visit Insider's homepage for more stories. If you've ever wanted a ceramic statue of former US President Donald Trump as Buddha, now's your chance. Chinese online shopping platform Taobao has just the listing for you.  The listing was posted on the site by a furniture maker based in Xiamen, Fujian province with the slogan "make your company great again!" The ceramic carving portrays Trump with a peaceful expression on his face and both hands resting on his lap, in...
    New York : For: Estrella Flores Carretero March 07, 2021 Listening is key. Many people think they know how to do it, but it is not true: often, their own thinking and prejudices distort the message. Other times, the information may be biased, biased, or wrong. This is why learning to listen is so important. People, even those who love us the most, refuse to tell us what they know we don’t like to hear. It is not that they lie, it is that they offer us a nice version of events or a small part of the whole picture. In our personal relationships, not listening beyond what they tell us may not cause major problems, but in the world of work it is highly dangerous. Leaders must strive to get out of their bubble and open up to information. Here are some tips for better listening:...
    Rajiv Nath, managing director of Hindustan Syringes, who invested nearly $15 million to produce specialty syringes for COVID-19 vaccinations, at the company’s factory in Ballabgarh, India, Feb. 12, 2021. (Rebecca Conway/The New York Times) BALLABGARH, India — In late November, an urgent email popped up in the inbox of Hindustan Syringes & Medical Devices, one of the world’s largest syringe makers. It was from UNICEF, the United Nations agency for children, and it was desperately seeking syringes. Not just any would do. These syringes must be smaller than usual. They had to break if used a second time, to prevent spreading disease through accidental recycling. Most important, UNICEF needed them in vast quantities. Now. Sign up for The Morning newsletter from the New York Times “I thought, ‘No issues,’” said Rajiv Nath, the company’s managing director, who has sunk millions of dollars into preparing his syringe factories for the vaccination...
    CHICAGO -- Over the course of the past year, Charles Alexander, Mark Edmond, and Jamel Lewis have developed the first Black-owned gourmet sliced bread brand, The Black Bread Company.It all started when Edmond went to the grocery store."My wife gave me a grocery list, and at the top of the list was bread. I wanted to buy everything that was Black-owned, and I could not find one African American owned bread, so out of frustration, I left," Edmond said. Immediately afterwards, Edmond called up his best friends from high school, Alexander and Lewis, and from there, The Black Bread Co. was born.Building on each other's business skills, they were able to determine their company design, logo, create a website, select whole ingredients for their sliced bread and hire a co-packer to help launch The Black Bread Company. They went through numerous rounds of testing to make sure the bread was...
    New York : Shahid Khan found a better way to make bumpers, an idea with which he was able to accumulate his enormous fortune. Photo: Julio Aguilar / . Shahid Khan moved to the United States from Pakistan when he was a 16-year-old engineering student at the University of Illinois. He arrived in the city of Champaign, Illinois, with only $ 500 in his pocket, which was his family’s life savings.. When she got to college, the dorms weren’t yet open, so she had to stay in a room at the YMCA and got a job in the kitchen doing dishes right there so she wouldn’t waste her $ 500 too quickly. He graduated in 1971 with a degree in industrial engineering and took a job at a local auto parts company called Flex-N-Gate. here, Khan oversaw the production for seven years and at that...
    New York : With this series of actions, Hasbro wants to expand its brand, while preserving the most iconic characters. Photo: Spencer Platt / . Hasbro caused confusion among the public this week by suggesting that it will stop calling its Mr. Potato Head toy ‘sir’ in order to make the brand more inclusive and to attract the entire public to the toy. However, Hasbro later clarified in a Twitter post that the original characters of Mr Potato Head and Mrs Potato Head will continue to be sold under those names, but the words ‘Mr’ and ‘Mrs’ will appear less prominently at the bottom of the box.. The company also said it would launch new toys, but without telling them ‘sir’ or ‘ma’am’ to allow children to create their own kind of family, which could be two dads or two moms. With this series of...
    Former Mandalorian star Gina Carano gave her first on-air interview since she was fired from the Disney+ show after posting conservatives views on social media. "I've been through so much, and I've seen so much now, clearly, of the bullying that's been taking place, and I saw it before ... I'm not the only one that's ever been bullied by this company, and I know that so deeply. I could share a story which would turn things around in the media, but I can't because it would sell out a friend ... Everyone is afraid of losing their job," she told conservative media host Ben Shapiro in an interview aired Sunday. Carano was fired by Lucasfilm, which produces the popular Mandalorian series, earlier this month after comparing the treatment of Republicans today to the treatment of Jews in Nazi Germany in an Instagram post that has since been...
    Davey Boy Smith Jr., who is the son of the legendary British Bulldog, has been in talks with WWE about returning to the company, the former superstar told Metro. Smith previously competed in the promotion between 2006 and 2011, but he was let go and went on to make a name for himself in Japan and on the independent scene. He made contact with officials again last year after it was announced his father was being inducted into the Hall of Fame. Both parties have been on good terms since then. The former Tag Team Champion revealed that the original plan may have been for him to compete in NXT UK. His father originated from Britain after all, and he could be an asset to the European offshoot. Due to Smith being unable to travel due to COVID-19 restrictions, however, it’s more likely that he’ll compete on one of the...
    New York : The company claims that its work environment is diverse and inclusive. Photo: OLIVIER DOULIERY / . The Shake Shack hamburger chain is one of the most popular in the country, and not only for its burgers but also for the salaries it gives to its employees. A description on their website reads: “Working at the Shake Shack is more than just making a great burger; it’s about creating elevated experiences for our team members and customers. “ The company claims that its work environment is diverse and inclusive and is focused on encouraging the workers on its team to reach their potential. Additionally, Shake Shack offers a variety of employee benefits such as insurance benefits, competitive salaries, opportunities for growth within the company, and more. On salaries, restaurant staff can be expected to earn a little over $ 14 an hour, while...
    Apple needs to partner with a manufacturer in order to build the Apple Car if it does not want to spend a huge amount of money creating its own factories. Something that does not fall within Apple’s traditional strategy, which always looking for a partner to join the different parts of your devices. Apple Car icon, via MacRumors The Apple car has gone from being a rumor to a reality in the last weeks after the last confirmations, and in Bloomberg They have analyzed the possible partners that Apple could have. We have completed the list with other rumors that have sounded in recent weeks to try to see who could help Apple build its car. And there are many candidates on the table. All candidates to make the Apple Car There are many possible candidates that it reveals Bloomberg, to which we must add those who until now had...
    London (CNN Business)The list of carmakers that might partner with Apple is shrinking.Hyundai and Kia killed off talk of a potential iCar deal on Monday, saying they were "not having talks" with the tech giant about developing autonomous electric vehicles.Apple declined to comment. It's not clear how far along the company is in developing plans for any potential car, but it has been granted patents for a range of vehicle inventions. "Project Titan," its reportedly secretive effort to break into the auto business, has been a frequent source of rumors over the years. The denial from Hyundai and Kia followed media reports suggesting the South Korean group was close to signing a deal to manufacture electric cars for Apple (AAPL), potentially in the US state of Georgia. Shares in Hyundai and Kia dropped by 6% and 15%, respectively, giving up some recent gains sparked by the speculation of a tie-up...
    Microsoft President Brad Smith Microsoft has slammed Google after the tech giant threatened to pull out of Australia, saying it would 'never' make a similar threat. Google has warned it would remove its search function, the most popular in the world, if a new law requiring the tech giants to compensate media organisations is passed.  The proposed law, introduced to the Australian Parliament in December, will force Facebook and Google to negotiate fees with news companies whose stories appear on their platforms.  Google has claimed the law would 'break the way search works' and would mean the company has 'no choice' but to leave Australia.  Microsoft, which runs search engine Bing, on Wednesday backed the plan as it aims to erode Google's market dominance. 'While other tech companies may sometimes threaten to leave Australia, Microsoft will never make such a threat,' President Brad Smith said in a statement. 'We appreciate what...
    Two social media influencers who managed to make the Hollywood sign read “Hollyboob” before being arrested on suspicion of trespassing Monday said they did so to challenge censorship on Instagram. One of them, they said, lost millions of followers — and part of her livelihood — when her accounts were shuttered for nudity. That their stunt also raised awareness for breast cancer and brought smiles to faces around the world, they said, were bonuses. “It’s awesome,” said Julia Rose, 27, of L.A., whose Shag Mag company brands itself as a modern rival to Playboy. “All of it combined together has been really, really great.” In an interview with The Times on Tuesday, Rose said she first conceptualized the prank last year after being warned about nudity on her personal and company Instagram accounts, which had about 6 million followers combined. Rose said she knew she was “pushing the...
    The Big Idea is a series that asks top lawmakers and figures to discuss their moonshot — what’s the one proposal, if politics and polls and even price tag were not an issue, they’d implement to change the country for the better? Republican Sen. Jim Inhofe this week rolled out legislation that would make China "play by the same rules as everyone else," and would protect the United States from intellectual property theft. The bill, titled "Protecting American Innovation and Development Act of 2021," seeks to ensure the "continued strength and leadership" of the U.S. in the research and development of key technologies for future wireless telecommunications standards and infrastructure, by providing additional authority for sanctions against certain foreign entities that pose a threat to the country’s national security. US COUNTER-INTEL CHIEF WARNS BIDEN ADMIN OF CHINA'S MALIGN INFLUENCE: 'ONE OF THE BIGGER CHALLENGES' Inhofe’s office told Fox News that many Chinese companies are selling...
    IF you’re wondering when traders can make their fortune or lose it all on the US stock exchange, we have everything you need to know. The US stock market includes the New York Stock Exchange (NYSE) and Nasdaq, which are both headquartered in New York. 1We explain all you need to know about when the US stock exchange opens and closes They are two of the largest stock exchanges in the world. But when do they open? We explain what you need to know. What is a stock exchange? A stock exchange is where those who want to buy shares in a company can do so through a broker, which sells stock on behalf of the companies. To be able to sell shares on a stock exchange, a company must do an initial public offering, called an IPO. This is through process through which a private company can offer shares...
    Lions reportedly have heard from about a third of the league on Matthew Stafford The Best Hair Fragrances For Extra Luxurious Strands Boeing’s 777X Charge, 787 Woes Make Max the Key to Turnaround (Bloomberg) -- Boeing Co.’s turnaround is riding on the slender wings of its 737 Max after its newest jetliner was delayed by another year and manufacturing defects hobbled deliveries of the marquee 787 Dreamliner. Load Error The company recorded a $6.5 billion charge as it pushed back the first delivery of the behemoth 777X variant to late 2023 -- three years behind the initial schedule. Boeing logged a total of $8.3 billion in writedowns for the fourth quarter, including charges for its services decision and a glitch-riddled military tanker, closing out one of the worst years in its century-long history. “I’m sure glad 2020 is in the rear-view mirror,” Boeing Chief Executive Officer Dave Calhoun...
    (CNN)If all has gone well with its clinical trial, Johnson & Johnson's Covid-19 vaccine will likely be the next one available in the United States.Last week, National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci said that Johnson & Johnson is "right around the corner" from seeking emergency use authorization for its Covid-19 vaccine from the US Food and Drug Administration.The company said it's on track to have interim data from its clinical trial by the end of January. The company has a shareholder call on its fourth-quarter results Tuesday. Still, it can take weeks for the vaccine to make it through the US Food and Drug Administration's authorization process and it's not clear yet when any of those key steps will take place.New Covid-19 case counts drop, but variants loom. So a vaccine maker is working on another boosterThe two vaccines already available in the United States...
    LOS ANGELES (KABC) -- Maxwell Moore is a 16-year combat veteran with the Navy where he served as a corpsman. Upon coming home to Los Angeles after several tours of duty the local VA recommended he pick up a hobby that keeps his hands busy to help him deal with his PTSD. That's when he turned to something he learned as a child - making soap."The soap kind of kept him alive," says Maxwell Soaps COO, Joe Palacios. "It kind of saved his life, it gave him something to do."One-day while walking on the streets of Downtown Los Angeles he was asked for spare change. He had nothing to offer except his hand-made soap. He was shocked to learn how grateful the individual was to receive it."That was kind of the aha moment for me," Moore told ABC7. "That I could make a company employing veterans, and also be able...
    NBCSN, the sports cable channel for NBCUniversal, will shut down at the end of 2021, according to an announcement on Friday.  NBCUniversal said that the programs on NBCSN will eventually be aired on other platforms within the company, such as USA Network and the streaming service Peacock. “We’re all aware of how quickly the media landscape is evolving, and our Company is taking thoughtful steps to stay ahead of these trends wherever possible and, in many instances, help set them,” Pete Bevacqua, NBC sports group chairman, said in an email to employees, NBC News reported. There will be a virtual meeting for the company on Tuesday to answer any questions about the decision, Bevacqua said. NBCUniversal is one of many companies that has had to cut costs and make adjustments due to the impact of the coronavirus pandemic.  Peacock was launched in July 2020 and already has some sports content,...
    A healthcare worker wears personal protective equipment (PPE) during a United Airlines Covid-19 test pilot program at Newark Liberty International Airport in Newark, New Jersey, U.S., on Monday, Nov. 16, 2020.Angus Mordant | Bloomberg | Getty ImagesUnited Airlines' CEO wants to make Covid-19 vaccines mandatory for its employees and is encouraging other companies do the same. It's a stance that differs from what some other carriers and companies have recently said. United had more than 60,000 active U.S. employees at the end of the year and has sent recall notices to some 17,000 other workers whose jobs were cut last year. "The worst thing that I believe I will ever do in my career is the letters that I have written to the surviving family members of coworkers that we have lost to the coronavirus," CEO Scott Kirby said at an employee town hall on Thursday, a transcript of...
    LG has lost $ 4.5 billion in the last five years with its mobile phone division. It seems that they conquer the public with their smartphones not the best quality of the tech company. With this panorama, rumors about its exit from the smartphone market have been growing in recent months. Even as reported by The Korea Herald, LG Electronics CEO Brian Kwon sent a message to staff on Wednesday “hinting” that there would be “an important change” in the operation of the division. “Regardless of any change in the direction of the commercial operation of smartphones, employment will be kept, so no need to worry”The message read, according to the Korean media. The Korea Herald spoke with an employee of the technology company and he stated that “given that competition in the global market for devices mobiles is getting fiercer, it’s time for LG to make a cold judgment...
    Bad, very bad news for the mobile telephony sector, and that is LG is considering leaving the smartphone sector for economic reasons. As we can read in The Korea Herald, LG Electronics CEO Kwon Bong-Seok sent a memo to all staff informing that the company was considering making major changes to its smartphone division, and on top of that the table is the possibility of leaving the business of smartphones. It is not the first news regarding said memorandum, in fact a news item about it was published last week in TheElec, although this had to be removed after LG’s public relations team flatly denied such information. On this occasion, however, the technology company has recognized that the document is real and that, indeed, at this time the future of its smartphone division is not assured of its continuity. The cause of this is, as we have already commented, economic....
    LOS ANGELES -- Maxwell Moore is a 16-year combat veteran with the Navy where he served as a corpsman. Upon coming home to Los Angeles after several tours of duty the local VA recommended he pick up a hobby that keeps his hands busy to help him deal with his PTSD. That's when he turned to something he learned as a child - making soap."The soap kind of kept him alive," says Maxwell's Soaps COO, Joe Palacios. "It kind of saved his life, it gave him something to do." One-day while walking on the streets of Downtown Los Angeles he was asked for spare change. He had nothing to offer except his hand-made soap. He was shocked to learn how grateful the individual was to receive it. "That was kind of the aha moment for me," Moore told Localish. "That I could make a company employing veterans, and also be...
    (CNN)Johnson & Johnson says it plans to have data from advanced, Phase 3 trials of its coronavirus vaccine by the end of the month. If they're positive, the company plans to apply for emergency use authorization from the US Food and Drug Administration and make the vaccine available to the public. Early stage trial data published Wednesday shows a single dose of the vaccine prompted an immune response in all volunteers after a few weeks and if the company wins an EUA for the single-dose approach it would be the first single dose vaccine to get an OK in the US.Two vaccines already have FDA and European authorization and three are authorized in the UK. Here's how some of the top coronavirus vaccines and vaccine candidates work.Pfizer/BioNTechRead MorePfizer and its German-based partner BioNTech use a new approach to making vaccines that uses messenger RNA or mRNA.This design was chosen for...
    Swan was elevated from the CFO role to CEO in June 2018 after spending seven months as the company’s interim leader. He replaced Brian Krzanich, who stepped down that year after details of a relationship he had with an Intel employee were leaked. Many of the problems that Intel has suffered through were inherited from Krzanich’s time, most notably around chip fabrication.  Intel failed to deliver its first 10-nanometer chips on time in 2016 because of falling yields — the number of functional chips it could make in a production run. Ever since then, it has struggled to maintain pace with its rivals, and TSMC began boasting that it could now make a 5-nanometer chip. Of course, not all chips are equal, but in the PC space, AMD is now able to outperform Intel chips in a number of scenarios.  Swan’s tenure also saw the high-profile departure of Apple as...
    When Wearable Devices, the startup that’s behind the Mudra Band, first pitched the device to Indiegogo backers, it did so by playing up the fact it could let you use the Apple Watch without touching it with your non-watch hand. But the company told News Brig it’s been working on accessibility use cases as well. In one instance, they built a proof of concept that allows ALS patients to quickly type using a virtual keyboard. In another example, the company used the wearable to give an IDF veteran whose injury left them with a heavily clenched fist the chance to learn to play the piano. Wearable Devices is working with universities in the US, Israel and Japan to develop those use cases. In the meantime, the Mudra Band is available to pre-order today for $179 ahead of its release in March.
    Here’s a big idea that comes with a unique set of problems: replacing meat in the food supply with something that is more sustainable and climate-friendly, yet looks and tastes like the real deal. But that’s what Beyond Meat does — it takes plant protein and turns it into convincing substitutes for chicken, beef, and pork. And on today’s episode, I’m talking with founder and CEO Ethan Brown about how he’s tackling this. I last interviewed Ethan on the News Brigcast, before the company IPO’d in 2019 — it’s been quite a ride since then, as the pandemic sharply impacted the stock, restaurants closed, and the entire food world generally turned upside down. But the company has come out of that with a rising stock price, some big deals to supply quick-service restaurants like Pizza Hut and Dunkin, and a growing business selling to consumers in grocery stores. I...
    Tropicana issued an apology this week after coming under fire for an ad campaign that appeared to suggest alcohol was the answer for parenting during the COVID-19 pandemic. The orange juice company recently released their newest slogan, "#TakeAMimoment," after reviewing results from a survey they conducted about how parents are making time for themselves. The hashtag referenced the cocktail mimosa, made of champagne and orange juice. The campaign also featured celebrities including Molly Sims, Gabrielle Union and Jerry O’Connell. "Parents, you're juggling it all! Find the ultimate moment of brightness for yourself - wherever and whenever - with a Tropicana mimosa, of course! #TakeAMimoment to help make your mornings a little brighter. #Tropicana," the company tweeted at the time.  @sharonlouiselop Parents, you’re juggling it all! Find the ultimate moment of brightness for yourself – wherever and whenever – with a Tropicana mimosa, of course! #TakeAMimoment to help make your mornings...
    Big Sky stumbles in addressing Native American criticism Loeffler condemns white supremacist after taking photo with him How companies can make DEI more than just a buzzword and actually alter their company cultures for the better, according to executives © Thomas Barwick/Getty Thomas Barwick/Getty As Insider's research on The Human Impact of Business Transformation found, empowerment and inclusivity are key drivers of a positive corporate culture.  Due in part to the social movements of 2020, companies are prioritizing diversity and inclusion in the workplace.  There is no quick fix, and companies will want to focus on more than just education. Reshaping a company requires a review of actions and processes that may otherwise go unchallenged.  Visit Business Insider's homepage for more stories. The social movements that have emerged in recent years are recalibrating how many organizations focus on and prioritize company culture. Load Error For The...
    Ex-NFL player Brandon Marshall sets his sights on trying to make Americans healthier The 50 Best Christmas Songs of All Time Volatile Teslas entry into the S&P 500 may not be a quiet ride for the stock market The company Tesla is replacing in the S&P 500 is expected to be made known after Friday's close, and it and other S&P companies could be under pressure as investors make room to add Tesla to their index holdings. Tesla joins the S&P 500 as of Dec. 21, at the closing price Dec. 18, already a volatile day due to quadruple witching options expirations. Once Tesla is part of the S&P 500, it is likely to increase the volatility of the index itself, like one "wild fish" in a pond, says one strategist. © Provided by CNBC People wearing face masks are seen inside a Tesla showroom at a...
    VIDEO20:2920:29Instagram's Mosseri talks new features and antitrust concernsNews Videos Photo-sharing service Instagram announced Thursday morning that it's bringing together two of its biggest priorities — online shopping and its new Reels short-form video feature, which competes with fast-growing social media network TikTok. Now businesses and creators can tag products when they're creating a Reels video, and consumers can tap "view products" to buy them immediately or set them aside for later purchase. Bringing shopping into the video format aims to make Reels more engaging to consumers and more appealing to creators. It could also make ads more effective by giving consumers an immediate way to purchase the advertised products, in turn allowing Facebook to charge more for them. Long term, it could also contribute to a new e-commerce revenue stream for Facebook, which will eventually take a fee from each transaction, although it's waived fees through the end of the...
    (CNN)When health care workers were running out of personal protective equipment as the coronavirus pandemic spread across the United States, a middle school shop teacher in New Jersey decided he had to help. Jason Erdreich turned his own home into a factory where he used 3D printers to make thousands of masks for his community during the pandemic."I mean I had to," Erdreich, 26, told CNN. "I had the resources to help, I was able to help, I couldn't not help others that were doing so much to help us. Front line workers were, and are, doing so much to care for us, someone needs to make sure they are taken care of too. I'm glad I was able to contribute to that." Now Erdreich is one of 50 people chosen by Mazda to receive a new Mazda MX-5 Miata 100th Anniversary Special Edition for their "selfless acts, creative thinking,...
    Airbnb is aiming for a valuation of up to $34.8 billion in its initial public offering, in what would cap a stunning recovery of fortunes after the business was heavily damaged by the COVID-19 pandemic earlier this year. In a regulatory filing Tuesday, Airbnb set a target share price range of between $44 and $50 to sell 51.9 million shares, which would pull in up to $2.85 billion at the upper end of the range. At the top of Airbnb's target range, the IPO will give Airbnb a valuation of $34.8 billion, nearly double the $18 billion Airbnb was worth in an April private fundraising round and above the $31 billion in its last pre-COVID-19 private fundraising in 2017.  Investors have signaled that they expect vaccines to soon put an end to the pandemic, and anticipate a surge of travel as normal life resumes next year.  Of the shares being...
    In a 2019 interview with The Verge, Eve CEO Konstantinos Karatsevidis said the company had made “all the mistakes there were to make”, and pointed to issues with a payment processor that froze incoming funds after a spike in sales to justify early supply issues. Later that year, Karatsevidis offered a slightly more detailed explanation on the Eve forum: An ill-fated partnership with Fortress Tech Distribution LTD, an outfit tasked with running the company’s web store, led to “issues with the supply chain, funds frozen by payment processors, and untimely deliveries, causing frustration among the community and direct damage to our brand.” In recognition of its failures, Eve later whipped up a form to gather information from affected buyers so it could attempt to make things right. “To summarize, this time around pretty much everything will be different, from the partners all the way to our team,” Karatsevidis promised.  Now,...
    (CNN)There's good news about coronavirus vaccines. At least three of the experimental vaccines show remarkable efficacy, at least according to information released by the makers in news releases.Global vaccine giant AstraZeneca reports its vaccine prevented coronavirus infection 62% of the time when people got two doses a month apart. But in a subgroup of volunteers who got a half dose followed by a full dose a month later, the vaccine appeared to be 90% effective.That averages out to 70% efficacy. The vaccines made by Pfizer Inc and biotechnology company Moderna appear to protect against symptomatic infection 95% of the time. Pfizer and BioNTech apply for FDA emergency use authorization for coronavirus vaccinePfizer's and Moderna's vaccines use very similar technology, while AstraZeneca uses a different approach. They are among six vaccines getting some kind of federal government support in the United States and dozens in development around the world.Here's a look...
    We invite you to take a few minutes to read the most relevant articles of the week on marketing, advertising and media matters. They are topics that all marketers must master to start a new week with key insights into the pulse of the industry. El Buen Fin is a few days away from starting and the season’s historical problem seems to have already made its first appearance signed by Elektra. This problem, as anticipated, is related to a price published from the Buen Fin application itself where an LG screen is offered at a much lower price buying from Elektra than is found in other points of sale. The scenario is complex and in the face of a world economy that will be especially hit, Burger King has made a desperate call: it asks its consumers to buy from the competition. From its social networks,...
    Sarah McBride to become nations first-ever transgender state senator Two-thirds of Europes entire population are now under some form of lockdown or new restrictions in the face of a new COVID-19 surge Founder of billion-dollar company Bai Brands: This is the side hustle I’d start now to make extra money Ben Weiss, founder of Bai Brands, knows a thing or two about building a successful company in tough times. © Provided by CNBC Ben Weiss, founder of Bai. During the Great Recession in 2009, Weiss started Bai out of his New Jersey basement. At the time, Weiss, who worked for Godiva, had the idea of using coffee fruit, a typically discarded part of the coffee bean, to create an antioxidant beverage line. Business boomed, and in 2016, Dr Pepper Snapple Group acquired Bai for $1.7 billion. Load Error Today, if Weiss were to start a side hustle to...
    "The Mandalorian" is finally back, but you're probably not waking up to watch it right when it's available in the US. Francois Duhamel/Lucasfilm Ltd. "The Mandalorian" returns to Disney Plus Friday. New episodes launch weekly on the streaming service at 3 a.m. ET. Disney is missing an opportunity to make season two of "The Mandalorian" event TV by releasing it while most of the US is sleeping. As Disney restructures its company to focus on streaming, the company should prioritize the release time of its most popular original show, not dump it at 3 a.m. ET. Visit Insider's homepage for more stories. "The Mandalorian" returns to Disney Plus for its second season Friday and the return of Baby Yoda (aka the Child) is definitely mandatory viewing for "Star Wars" fans the moment it's available to stream. When so many shows and films have been delayed or affected...
    Amazon employees are pushing for the company to make Election Day a paid holiday. More than 6,400 Amazon workers have signed a petition calling for Election Day to be a paid day off, according to Amazon Employees for Climate Justice, a worker activist group. On Saturday, a few hundred people showed up in downtown Seattle to protest the company's current policy and register voters, according to the group. "Removing barriers to voting is critical to ensure we have a voice on the issues we care about," the petition reads. It notes that many Amazon workers might have trouble voting this year because of reduced polling locations or hours and the possibility of longer-than-usual waits in lines at the polls. Amazon employees rally in downtown Seattle on Saturday, October 17, to ask for paid time off to vote on Election Day. Amazon Employees for Climate Justice A number of companies...
    Dropbox announced Tuesday it will make remote work permanent even after the pandemic ends. The San Francisco-based file hosting company announced it will revolutionize its work structure and from now on employees will work primarily virtually and studios will be created in key cities for when employees need to collaborate with each other.   'Though we make software that helps people work from anywhere, most of our employees came to an office every day. We believe the data shows the shift to remote work, though abrupt, has been successful overall,' the company said announcing the new 'Virtual First' company shift in a post on its website. The company also said it will extend its mandatory work from home policy through June 2021 in an effort to protect employees amid the coronavirus pandemic. Dropbox announced Tuesday it will make remote work permanent even after the pandemic ends The company announced...
    I’d wait for hours if I had to: Long lines greet voters on first day of early voting in Georgia Pieces of Glass Found In This Grocery Item Dropbox is the latest San Francisco tech company to make remote work permanent San Francisco-based Dropbox announced Tuesday that will stop asking employees to come into its offices and instead make remote work the standard practice. For employees that need to meet or work together in person, the company is setting up "Dropbox Studios" when it's safe to do so. The company extended its mandatory work from home policy through June 2021. © Provided by CNBC Dropbox Inc. co-founder Drew Houston waits as Dropbox (DBX) is listed for the company's initial public offering (IPO) at the Nasdaq Market Site in New York, U.S., March 23, 2018. San Francisco-based Dropbox announced Tuesday that it will stop...
    Amid economic strife, Colorado Ballet’s finally found some luck in its sixtieth season. Just after Colorado’s esteemed ballet company announced how it would navigate the pandemic with budget cuts and a company-wide furlough and launch a relief and recovery fund, an anonymous couple reached out with a $500,000 matching grant. Starting at the beginning of October and continuing through November 15, all donations made to Colorado Ballet’s relief and recovery fund will be matched at a two-to-one ratio of up to $250,000. If donations reach $250,000 by November 15, the total amount will equal $750,000. Related Stories Delicate Balance: COVID-19 Is Keeping Colorado Ballet on Its Toes Denver Arts & Venues Slashes Budget, Closes Venues and Furloughs Staff While Many Theaters Remain Closed, the Aurora Fox Is Bouncing Back “The performing arts industry has been hit especially hard by the pandemic,” the anonymous couple says. “As a nonprofit organization that...
    Hed: Phamaly Matters Dek: The disability-affirmative theater troupe finds ways to adapt during the pandemic. By Khaleel Hayes This summer, Denver's Phamaly Theatre Company had big plans to produce Alice in Wonderland, with original music by rapper Kalyn Heffernan of Wheelchair Sports Camp. Those were scuttled when COVID-19 forced artistic director Regan Linton and managing director Sasha Hutchings to postpone. Now, like most theater groups, the company, whose name stands for Physically Handicapped Amateur Music Actors League, is trying to figure out how to continue offering productions and stay afloat through coronavirus closures. Part of carrying on is finding a new way to host the troupe's annual fundraiser, Phamaly’s Big Night, which will take place virtually at 7 p.m. on Saturday, October 18. The company hopes to raise at least $180,000 to make up for lost revenue. But while donations are encouraged, the fundraiser is free and will stream live...
    Like all local companies, Benchmark Theatre had to close down in March because of the coronavirus, but co-founder and producing artistic director Haley Johnson managed nonetheless to be productive. In April, with her partner Marcus Pirozzoli, she gave birth to a son, Mason. In so many ways, this changed everything. Still, Johnson and Rachel Rogers, Benchmark co-founder and executive artistic director, were able to absorb the shock of closure, figure out how to make sure the company survives and plan for the future. Benchmark’s 2020 season will begin this fall with what the directors term “bite-size programming” that still cleaves with this year’s original theme: Hopes and Fears. Benchmark is a relatively new company that took up residence in the Lakewood venue once occupied by Rick and Patty Yaconis’s Edge Theater. Over the past two years Johnson and Rogers have created some memorable productions, from A Kid Like Jake, about...
    March and April weren’t great months for Chad Moore. Because of the COVID-19 pandemic, all of Colorado’s restaurants and bars were ordered to close their doors on St. Patrick’s Day, with in-house service forbidden and only to-go and delivery allowed. That was particularly tough on Moore and Jordan Fink, who own Woods Boss Brewing. Not only had they built their three-year-old brewery’s reputation on community get-togethers and live events in a gorgeous taproom, but their only means of selling beer to go was with Crowlers, 32-ounce aluminum vessels that are labor-intensive to fill. With no on-site customers and no way to get their beer out the door in large-enough quantities to make ends meet, the public-health crisis looked like it could put them out of business. But in May the clouds cleared a bit. The brewery began working with a mobile canning company to package its best-selling beers, which it...
    John Hickenlooper, the Democratic candidate for the U.S. Senate seat currently occupied by Republican Cory Gardner, was an unemployed geologist when he got the idea of starting Colorado’s first brewpub in a run-down part of downtown that had yet to be nicknamed LoDo. Hickenlooper and his partners opened the Wynkoop Brewing Company at 1634 18th Street in October 1988, a depressed period in Denver and a tough time to start anything new. But a dozen years later, the place had become such an institution that Hickenlooper contemplated going into politics — a move inspired by a campaign to save the Mile High Stadium name that had been cooked up at the Wynkoop. In 2002, when he decided to make a run for mayor, he talked it over with many community leaders who'd visited the 'koop, including Pete Meersman, then the longtime head of the Colorado Restaurant Association. Would the...
    California Fires: More than 4 million acres burned this year Warren Buffett turned down the chance to buy Whole Foods in 2017, CEO John Mackey says Researchers interviewed execs from Google, KPMG, and Microsoft and discovered the 10 guiding principles that make work meaningful for employees © Alain Jocard/Getty Images Researchers found the way Google executives welcomed employees at orientation set them up for meaningful work. They communicated how important each employee is to the organization's success. Alain Jocard/Getty Images An incredible 9 out of 10 people would take a pay cut to have a job with more meaning, per a 2018 poll of over 2,000 people. So how can managers and leaders make workers feel like their work has meaning? University of Pennsylvania researchers Wesley Adams and Tamara Myles sat down with executives from top performing companies like Google, Microsoft, and KPMG to find out. There are...
    Colorado is losing billionaires. And most of the remaining members of this very exclusive club are leaking net worth during the global downturn caused by the COVID-19 pandemic. Five Colorado residents made the 2020 Forbes 400, released last month, which tracks the richest Americans; all of them are billionaires. In 2017, Colorado boasted ten billionaires; this year, according to a real-time update from Forbes, that number is down to eight, with all but one of the survivors ranked lower among the world's 2,000-plus billionaires than they were three years ago. The majority are also worth less money overall, and one entry is down by more than two-thirds, suffering a loss in net worth of nearly $4 billion in just the last month. The two Coloradans who didn't make Forbes's cut this year are Cargill MacMillan III and William MacMillan, who tied for ninth on the 2017 roster and 1,678th on the magazine's...
    If you’ve smacked into a plateau, you’re not alone. According to research published by Gallup last fall, only 40 percent of American workers said they’re in good jobs. Add the pandemic to the mix, and things have only gotten worse. A poll by the National Opinion Research Center (NORC) at the University of Chicago, an independent nonpartisan research institution, in June revealed that only 14 percent of Americans are happy — a five-decade low. But, it doesn’t have to be that way. These authors weigh in on how you can make the most out of a ho-hum role to not only survive, but thrive, even in a so-called dead-end job. Define joy, find meaning Carson Tate, author of “Own It. Love It. Make It Work: How To Make Any Job Your Dream Job” (McGraw-Hill Education, out Oct. 6), said employees should identify what they need to be more fulfilled,...
    Some Apple Card users have reported seeing mysterious charges on their credit card statements from “Waters Hardy & Co.,” a 10-person Dallas-based tax preparation and consulting firm. It’s a real company. But strangely, it seems those charges were actually mislabeled transactions from AT&T. The issue seems to have begun two days ago. “If you see a charge on your Apple credit card from ‘Waters, Hardy & Company CPA’ please know this was not us and we did not receive the funds,” reads a September 30th Facebook post from Waters Hardy & Co. “Please check your AT&T account as we were told by some it was in fact their bill with our name listed as the merchant.” Richard Waters, the president of Waters Hardy & Co., told me that for the past two days, the firm has received numerous calls at about 2:30PM each day from people reporting an unknown...
    Today, let’s talk about a couple little things that could turn into a big thing. In January 2019, Mike Isaac reported a noteworthy development about Facebook at the New York Times. In the months to come, he said, Facebook would unify the technical infrastructure powering Facebook, Instagram, and WhatsApp. To the user, these changes would be invisible. But to Facebook itself, there were clear strategic imperatives to merge the apps. Among them: the move came just as the US government was beginning to consider an effort to break the company up. In the nearly two years since, the government’s effort has accelerated. On September 15th, the Wall Street Journal reported that an antitrust case against the company could come by the end of the year. But Facebook’s effort to puree its family of apps into a single software smoothie on the back end has picked up as well. And there...
    (CNN Business)Palantir Technologies, the secretive data company best known for taking on controversial work for the US government, is expected to make its Wall Street debut Wednesday.The company will trade on the New York Stock Exchange under the ticket symbol "PLTR." The NYSE has listed a reference price for Palantir of $7.25 a share, which would value the company at nearly $16 billion, or below its $20 billion private market valuation. (Reference prices are guides for investors but do not dictate how the stock will open.)Following in the footsteps of Spotify and Slack, Palantir will go public through a direct listing, meaning it did not rely on underwriters to assess demand and set a price. A direct listing only involves the sale of existing shares and no new capital is raised. Asana, a task management software startup, is also making its debut via a direct listing on Wednesday. The NYSE...
    RHP Pivetta makes Red Sox debut against Orioles This Is How Youre Destroying Your Eyes Without Knowing It Amazon Tries to Make the Climate Its Prime Directive (Bloomberg) -- The vast Illinois factory floor that will produce electric delivery vans for Amazon.com Inc. is starting to fill up. Battery and chassis assembly here. Tire storage there. A titanic, three-story metal press. Load Error Sometime next year, the plant’s workers will complete the first van. A decade later, if all goes according to plan, van No. 100,000 will roll off the line, completing the biggest electric vehicle purchase in history. By the time Amazon has all these zero-emission vehicles on the road, around 2030, it will eliminate an estimated 4 million metric tons of CO2 now belched out each year by gasoline-powered vans and trucks. That would wipe out a small company’s entire contribution to the emissions warming the planet....
    A couple of years ago, Facebook announced Oculus for Business, a software suite for enterprise-grade VR. But today, at Facebook Connect, the company is introducing a new virtual office experience for the work-from-home crowd. It’s called Infinite Office, and it promises to make WFH a lot more immersive. With Infinite Office, you can put on the headset and be transported to a virtual office space that you can make as big or small as you wish. You can also add multiple customizable screens, which mimics a multiple monitor setup. The company has already begun experiments that incorporates Infinite Office with Spatial, a collaborative AR platform that lets you have virtual meetings. You can see how Spatial works with Passthrough below.
    Of all the many overseas takeovers of British firms in the past two decades, none could be more damaging to the national interest and the UK’s ambitions to be Europe’s technological power house than the sale of Cambridge-based Arm Holdings. The proposed £30 billion disposal of this star in the modern-manufacturing firmament to American giant Nvidia would be a huge betrayal of Britain’s high-tech future and could destroy the fabric of a great company. Arm is perhaps the greatest tech company Britain has created. It became a giant on the back of the research genius of Cambridge University and produces a unique chip and software technology that is the envy of the world. Nvidia CEO Jensen Huang is pictured above.  The proposed £30 billion disposal of this star in the modern-manufacturing firmament to American giant Nvidia would be a huge betrayal of Britain’s high-tech future and could destroy the fabric of...
    In recent years, Nvidia has ridden one of the biggest waves in technology, selling chips needed to build increasingly clever artificial intelligence algorithms. Now, the company plans to catch another big swell—mobile computing—with a $40 billion acquisition of Arm, which designs the chips found in virtually all smartphones. The deal would reshape the chip industry overnight—putting Nvidia at the center of much of the action. But it will face regulatory scrutiny in the UK, Europe, the US, and China, because it would give Nvidia control over the chip blueprints used by multiple tech companies, including its competitors. The news may be especially concerning in China, since it could allow the US to restrict access to chip designs used in a wide array of products. Chinese telecom giant Huawei cannot buy chips made using the latest manufacturing technology due to US sanctions. Blocking access to Arm’s designs would further tighten the...
    A scathing new report released by a short-seller claims that electric truck start-up Nikola is an ‘intricate fraud’ based on years of lies, exaggerations of its technologies and faked product launches. The sensational claims, made in a report by the hedge fund Hindenburg Research, come just two days after General Motors announced it would be investing $2 billion in the company. In its lengthy report, Hindenburg claimed to have ‘extensive evidence’ that the Nikola's proprietary technology was purchased from another company, and accused its founder and CEO Trevor Milton of making countless false statements over the last decade. The company is also accused of faking a promotional video for its truck, the Nikola One, in 2018. The truck reportedly didn't have a functioning engine so instead it was rolled down a hill with the footage edited to make it appear as if it was driving on a flat road.   ‘Trevor...
    General Motors is taking an 11 percent stake in electric truck startup Nikola, the companies announced on Tuesday. As part of the deal, GM will help Nikola engineer and manufacture its battery-electric and hydrogen fuel cell vehicles, including the Badger pickup truck. Nikola, which went public through a “reverse merger” with a special acquisition company earlier this year, will “exchange $2 billion in newly issued common stock for the in-kind services and access to General Motors’ global safety-tested and validated parts and components,” the companies announced. GM will also get to nominate one director to Nikola’s board. GM will supply hydrogen fuel cells to Nikola for its Class 7 and Class 8 semi trucks GM will supply hydrogen fuel cells to Nikola for its Class 7 and Class 8 semi trucks. Nikola will remain an independent company and will be responsible for the sales and marketing of the...
    Billionaire Reed Hastings likes to boast that the inspiration for Netflix came to him after he was stung with a $40 late fee for a video of the film Apollo 13 he had rented from Blockbuster. Co-founder Marc Randolph begs to differ. It was he who first suggested that there must be a better way of renting films after telling Hastings — then his boss at a California software company — that he relied on a worn video copy of Disney’s Aladdin to get his young daughter to sleep each night. Whatever the truth, the pair agree they’d been determined to mimic Amazon’s success with books — by finding a product that could be ordered online and delivered by mail. They soon realised that films might be the answer. This week it announced that it had added the Duke and Duchess of Sussex to a growing stable of talent...
    Samsung plans to release the A42 5G later this year. We don’t know how much it will cost or whether it will make its way to the US. But based on its model number, it will likely set you back less than either the A51 5G and A71 5G. Those two phones made their way stateside earlier this year, costing $500 and $600, respectively. Samsung Samsung also announced the Galaxy Tab A7. Thankfully, the company was more forthcoming about its new tablet. It features a 10.4-inch display with an 80 percent screen-to-body ratio and four Dolby Atmos-capable speakers. The images of the tablet Samsung sent over show it will also include a headphone jack and what looks like a SIM slot. As with the A42 5G, Samsung didn’t say how much the tablet will cost, but the company did tell us it will make its way to the US. In...
    (CNN)A Japanese company has announced the successful test drive of a flying car. Sky Drive Inc. conducted the public demonstration on August 25, the company said in a news release, at the Toyota Test Field, one of the largest in Japan and home to the car company's development base. It was the first public demonstration for a flying car in Japanese history. The car, named SD-03, manned with a pilot, took off and circled the field for about four minutes. "We are extremely excited to have achieved Japan's first-ever manned flight of a flying car in the two years since we founded SkyDrive... with the goal of commercializing such aircraft," CEO Tomohiro Fukuzawa said in a statement. Whats more fancy than a Porsche? A flying Porsche. Luxury automakers race to perfect the flying car "We want to realize a society where flying cars are an accessible and convenient means of...
    Google maps does it for you. And now more than ever. The American company has implemented this section of the application with three new functions to help its users remember places they have already visited before or places that, for some reason, interest them. “Data-reactid =” 26 “> No need to do memory , the Saved section of Google Maps does it for you. And now, more than ever. The American company has implemented this section of the application with three new functions to help its users remember places previously visited or places that, for some reason, they are interested. & nbsp;“data-reactid =” 27 “> Until now, the Saved section —available only for mobile phones— was organized into custom lists created by oneself, but with this change, visual lists of elements are incorporated and it is Google who creates them. the enumerations from before, what happens is that they go...
    Most theaters in D.C. closed their doors in March with no idea when they will reopen. And given social distancing guidelines, only one thing is certain: “There’s no going back to what it was before,” said Maria Manuela Goyanes, the artistic director of Woolly Mammoth Theatre Company. In a conversation about the future of theater hosted by the Mosaic Theater Company, Goyanes said the company is used to scheduling a complete season of shows, with a finely tuned calendar. That’s something they can’t do for the 2020-2021 season. “The only way to announce it was without dates, which is, like, so antithetical to what we usually do. The show has an opening night, usually. It has a closing night,” she said. But in 2020, unique times call for unique measures. In this case, Marketing Director Timmy Metzner has already been toying with an idea that seemed perfect for the pandemic...
    New York (CNN Business)General Electric is giving Larry Culp more than 200 million reasons to stay and finish the job of turning around the storied conglomerate getting rocked by the pandemic.GE's board extended Culp's contract by two years to at least August 2024, giving the CEO more time -- and easier targets -- to fix the troubled maker of jet engines, light bulbs and MRI machines.If he's successful, Culp could score a massive payday worth more than $230 million, according to a regulatory filing Thursday. The new terms cut in half the stock price targets GE (GE) must hit for Culp, the well-respected former CEO of industrial company Danaher (DHR), to make that windfall. The move underscores how essential Culp is viewed by Wall Street and GE's board to turning around the once great company.Read MoreGE is saying goodbye to its 129-year-old light bulb business"In approving the amendment to Mr....
    When Mirco Wiegert and Lorenz Hampl were students, they decided to create their own cola factory, but there was one big drawback: they had no idea how to make a soft drink. With the confidence that youth gives, they began to investigate how to make their dream come true. “We googled cola recipes and their ingredients,” says Mirco Wiegert, co-founder and head of the company, who was 28 years old at the time. Unfortunately, the internet was not particularly helpful in answering that question, which is why the two friends – who had known each other since childhood in Hamburg, northern Germany – had to come up with a plan B. Many of those who called were perplexed by the idea, not understanding why two young men were asking if they could make a soda. However, finally one said yes. In the end we found a small brewery in western...
    Andretti Autosport finding strength in numbers again at Indy 500 A history of US military aircraft from WWI to today The 5 Most Costly 401(k) Mistakes You Can Make 401(k)s are one of the most popular types of retirement accounts, but despite their widespread usage, people still make a lot of mistakes with them. You may not realize you're making some of them and others may not seem like a big deal at the time, but this is your life savings you're talking about. It's not something you can afford to take chances with. You owe it to yourself to avoid the following five mistakes. © Provided by The Motley Fool The 5 Most Costly 401(k) Mistakes You Can Make 1. You're not contributing to it Your 401(k) is an opportunity to invest your savings so that it grows more quickly. The greater your investment earnings, which depend on...
    EV startup Canoo is going public at a valuation of $2.4 billion in an effort to raise enough money to help bring its first vehicle, a VW microbus-style van that was first revealed last year, to market. The company announced Tuesday that it was merging with Hennessy Capital Acquisition Corp IV, a so-called “blank check” special purpose acquisition company. As a result, Canoo will become a publicly traded company listed on NASDAQ under the new ticker “CNOO.” It’s the same type of “reverse merger” move that hydrogen trucking company Nikola pulled off earlier this year to go public and that EV startup Fisker is currently trying to execute. Canoo is also the latest company to cash in on a sudden funding frenzy in the electric vehicle startup space, which has seen fresh money go to Karma Automotive, China’s Li Auto and XPeng, and others. Canoo is unique insofar as...
    Sheryl Sandberg, COO of Facebook speaks onstage during 'Putting a Best Facebook Forward' at Vanity Fair's 6th Annual New Establishment Summit.Matt Winkelmeyer | Getty Images Facebook COO Sheryl Sandberg on Wednesday said the social media company needs to work with whoever wins the 2020 U.S. election to address their concerns about Big Tech. "We know that there's real concern about the size and the power of the American tech companies, both here in our country and around the world," said Sandberg, speaking at the CNBC Small Business Playbook virtual summit. "It's our job to work with anyone who's in office, whether they're in the Senate or anywhere around the world, to address those concerns." Sandberg's comments came after CNBC's Jim Cramer asked her about Democratic presidential nominee Joe Biden's comments in May that breaking up the social media company deserves a really hard look. Sandberg said Facebook's size is what allows...
    An Australian psychologist has revealed how to make a great first impression during a job interview and on the first day of starting a new role. Sabina Read told recruiter company Seek it's essential to make a positive first impression from the start as, according to research, initial thoughts about a new person are made within a tenth of a second. Sabina said there are four underlying 'factors of influence' that lead to outstanding first impressions, including the use of positive body language and being attentive. Sabina Read told recruiter company Seek it's essential to make a positive first impression from the start when meeting a new employer or co-worker Use positive body language At the start of an interview or on a first day, Sabina recommends always using positive body language by shaking hands, maintaining eye contact and using an appropriate pitch in your voice. This will help leave...
    Satya Nadella, chief executive officer of Microsoft Corp., listens during an interview on The David Rubenstein Show in New York on Sept. 27, 2017.Christopher Goodney | Bloomberg | Getty Images Microsoft is in talks to acquire TikTok's U.S. operations. Strategically, this doesn't make a lot of sense for Microsoft, which has been steadfastly focused on enterprise software under Chief Executive Officer Satya Nadella and has seen its market valuation balloon to more than $1.5 trillion because of it.  Putting aside the weirdness of a company owning just TikTok's U.S. operations and not the entire company (it's not entirely clear how that would work), Microsoft should absolutely try to acquire TikTok. Any company with the means to do it should. TikTok is supremely positioned to explode from a valuation standpoint. It is just now beginning to monetize its huge audience with advertisements, and curated, targeted, clever short-form video ads are perfect...
    Jeff BezosGetty Images Amazon CEO Jeff Bezos plans to tout the company's job creation and support for small businesses during Wednesday's antitrust hearing, according to prepared remarks released by the company on Tuesday. Bezos will tell the House Antitrust Subcommitee that Amazon now employs a million people and that it built an online marketplace that allows some third-party sellers -- independent "entrepreneurs" -- to make more than $100,000 a year. He acknowledges that Amazon is "a large company" but that its sprawling scale has created more than $1 trillion of wealth for its shareholders, which include "fire, police, and school teacher pension funds."  The remarks also highlight personal information about his life, like the fact that his mother was a 17-year-old high school student when he was born, and that his adoptive father emigrated from Cuba. They were among Amazon's first investors.  "It's not a coincidence that Amazon was born...
    Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California.Brooks Kraft/Apple Inc/Handout via Reuters Intel on Thursday said in its earnings report that it's delaying its new 7-nanometer processors by approximately six months because internal testing has revealed the yield  — the number of processors that are acceptable from manufacturing — has fallen a year behind the company's internal projections. Intel's 7-nanometer chips now aren't expected until 2022 or early 2023, CEO Bob Swan said on a call with analysts Thursday. Meanwhile, top rival AMD is already selling 7-nanometer chips for PCs and gaming units. And Intel's stock was punished by the news, falling as much as 17.1% in early morning trading Friday. Intel's new chip delay shows exactly why Apple is switching from Intel to its own chips for its Macs. It's a move that was announced...
    DENVER (CBS4)– DENVER (CBS4) – A Denver start-up has continued to make revolutionary changes toward a safer football helmet, and the NFL is helping after giving Impressio nearly $500,000 last month. (credit: CBS) “We’re the only company that can make liquid crystal elastomers. That sounds like a mouthful but it’s an energy absorbing material that we think is going to revolutionize not only how we protect our head but also our bodies,” said Chris Yakacki, an Associate Professor of Mechanical Engineering at CU Denver where he used research to start the company Impressio. The company has been testing helmets in an effort to improve the padding on the inside. Last month the NFL made a third grant to the company to continue its efforts to improve protection for players. The company has revamped its approach since starting in 2018. “The reason we’re doing that is we’re trying to ultimately reduce...
    NORTH TEXAS (CBSDFW.COM) – As unemployment continues to be a problem for many during the COVID-19 pandemic, the photography agency Headshot Booker has stepped up to create a national project to help thousands of Americans. It’s called 10,000 headshots. The initiative aims to take 10,000 free photos on Wednesday with 200 photographers in all 50 states. It’s all in hopes of getting Americans back to work by providing professional headshots to those affected by COVID-19 layoffs. Co-founder Tony Taafe says it was an idea he came up while in quarantine. “I was trying to figure out what can we do to kind of come out of this with some kind of advantage, and so what I figured was we could use our network of thousands of photographers and we could use a relatively small amount of them, to give free headshots that people who need it,” he said. He said...
    Jason Cardiff didn’t want his new business to end up like his last one, an alleged pyramid scheme involving robocalling and selling unwitting customers bogus remedies to lose weight or quit smoking. One of his ventures, Prolongz, falsely claimed to offer men “increased ejaculation control.” “I am not going to lose another company,” Cardiff told his lawyer in an April 5 email, just before detailing a fantasy list of people he wanted to place on the board of his new venture, VPL Medical Inc. His wish list included Brian Travis Kennedy, a right-wing think tank leader and pundit with connections to the Trump administration, who Cardiff cryptically said could be the company’s “advisor to the White House.” That didn’t work out, Cardiff says. He also wanted to make sure he had controlling stock of the company and the ability to buy out his business partner if he wanted, according to...
    By Kate Holton, Emma Thomasson and Stephen Jewkes LONDON/BERLIN/MILAN (Reuters) - It's tough to do any useful work when you're stuck at home, struggling to home-school bickering kids, let alone when you're trying to produce a COVID-19 vaccine. British drugmaker AstraZeneca had spent years preparing for a pandemic, but when the moment finally came it was caught cold on a crucial front: stressed parents working from home struggled to focus.     So the company recruited up to 80 teachers to run online lessons and repurposed a car parking app to book virtual classes. It also lined up personal tutoring and helped to locate some childcare spaces for those battling to adapt to the abrupt change to their lives.       The move by Britain's biggest drugmaker, and similar efforts by companies the world over to host everything from magic classes to yoga for children, shows the lengths businesses are going to to help...
    A new bill passed by the Michigan House of Representatives would make it illegal for companies to force workers to be implanted with microchips. The legislation, called the Microchip Protection Act, or House Bill 5672, would still allow employees to volunteer for microchip implants but making implants mandatory would be against the law.  The practice is still incredibly rare in the US, but some companies in other states have begun using small RFID microchips implants as a replacement for key cards, a way to unlock work stations, and a payment method in company cafes. The Michigan House of Representatives has passed a new law that would ban the forced implantation of RFID microchips in employees The Michigan bill was introduced by Representative Bronna Kahle, who worried implants could be used to violate workers' privacy. 'With the way technology has increased over the years and as it continues to grow,...
    New York (CNN Business)The coronavirus pandemic has forced many companies to embrace work-from-home solutions. For some, the transition may stick. Several big businesses plan to let much of their staff work from home permanently, even after the pandemic. Working from home could become the new normal — at least for some...FacebookMark Zuckerberg said as many as 50% of Facebook (FB) employees could be working remotely within the next five to 10 years. Zuckerberg pitched the idea as both a matter of satisfying employee desires and also as an effort to create "more broad-based economic prosperity.""When you limit hiring to people who live in a small number of big cities, or who are willing to move there, that cuts out a lot of people who live in different communities, have different backgrounds, have different perspectives," Zuckerberg said on a livestream posted to his Facebook page. Read MoreTwitterTwitter (TWTR)will allow some of...
    Sonos going to have to fire the 12% of its workforce worldwide and its managers will make a cut of 20% of their salary. It is part of the measures that the company must take due to the drop in sales due to the global coronavirus pandemic. They will also close their flagship store in Manhattan, opened in 2016. They will do the same in six other satellite offices, according to an information note sent to the United States Securities and Exchange Commission. Patrick Spence, CEO of the company, will cut his salary by 20% from July to the end of the year. Other managers will do so until September 30. The document also explains that they will make reductions in investments related to marketing and administration. They will also make decisions about production and available inventory, and eliminate some operating expenses. All this in order to endure the reduction...
    Weta Digital, the Academy Award-winning visual effects company that made “The Lord of the Rings” and “Avatar” possible, is making original animated content for cinemas and streaming for the first time in its 25-year history. The company also said Thursday that Prem Akkaraju had joined the New Zealand-based shop as CEO. Peter Jackson and Fran Walsh, the married filmmaking team behind “The Lord of the Rings” and majority stakeholders in the company, plan to write, produce and direct several of the projects for Weta Animated. “We are huge fans of animated storytelling in all of its forms, but it can be a long, protracted, and often costly way to make movies,” Jackson said in a written statement. “That’s, in part, why we have created this company — to change the model and open the doors to filmmakers and storytellers who might not otherwise be given the chance to...
    (CNN)Necco Wafers are about to make a sweet comeback after a two-year absence.The beloved candy's disappearance came after the factory in Revere, Massachusetts that made Necco Wafers closed abruptly in 2018. The brand was eventually purchased out of bankruptcy by Spangler Candy Company, which is launching the candy's comeback.Originally created in 1847, the candy's name is an acronym for the New England Confectionery Company, the company that created it. The disk-shaped candies wrapped in wax paper are instantly recognizable to candy aficionados.Dum Dums lollipops to end prizes program after almost 70 years"Just when comfort food is experiencing a resurgence, Necco Wafers is back with that very kind of familiar, comfortable feeling we all seem to be craving," said Spangler Candy Company CEO Kirk Vashaw. "We are delighted to bring Necco Wafers back into production and to share in their sweet return with fans old and new."The original formula remains unchanged...
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