DIRS.INFO The most relevant business & tech news

☆ 'Social' media is both the cause of — and solution to — our loneliness problem
▼ + stars: | 2024-02-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +11 min

The report listed technology as a driver behind our isolation, fear of missing out, conflict, and reduced social interaction. Other drivers of loneliness included social policies, cultural norms, the political environment, and macroeconomic factors. In fact, most research demonstrates that loneliness increases with increased use of technology, especially social media sites." "The response is incredible," Kyle Rand, CEO and cofounder of Rendever, told BI. He added: "The trend to solve loneliness through more technology, when technology has not yet reduced the problem, seems to be going in the wrong direction."

Persons: disincentivized, Dr, Nicole Siegfried, bookending, Josh Greene, Sherita Harkness, Harkness, There's, Kyle Rand, Brooke, I've, Daniel Boscaljon, Siegfried Organizations: Service, Technology, Business, US, Tech, Meta, Behavior, Flow, National Institute, Aging, National Institutes of Health, Inc, Institute, Trauma Locations: Luka, Chicago, Inc

Maxar Technologies Visual Investigations The $2.8 Billion Hole in U.S. Sanctions on Iran A Times investigation reveals how lax government oversight allowed shadowy oil tankers, covered by American insurance, to fund Iran’s regime. The American Club is one of only 12 major insurers of its kind, and the only one based in the United States. By then, the tankers had transported at least $2.8 billion in crude oil, based on the lowest reported prices of Iranian oil in 2023. The Treasury office has publicly enforced sanctions on the American Club only once in the past 20 years. Ultimately, the office said the American Club did “not appear to have been willful or reckless” and the case was settled.

Persons: Biden, ”, penna gabrielle toyomi, penna selene gabrielle, gabrielle, selene, lisa marianne selene, Samir Madani, Maggie Hassan, Daniel Tadros, “, Mr, Tadros, Shipowners, ” Mr, Madani of TankerTrackers.com, David Tannenbaum Organizations: Maxar, Maxar Technologies, Sanctions, U.S, White, New York Times, Times, Treasury Department, American Club, Treasury, cathay kirin, Copernicus, Planet Labs, Star, American, The Times, Revolutionary Guards Corps, Anadolu Agency, Getty, Club’s, Hamas, Bloomberg, United Against Nuclear, Nuclear, Glory, United, National Iranian Tanker, Labs, Copernicus Sentinel, Club, International Maritime Organization, AIS, Spire Locations: Gulf of Oman, American, U.S, Iran, New York, New Hampshire, United States, Hong Kong, Kharg, Kpler, China, Israel, Yemen, United Against Nuclear Iran, Nuclear Iran, United Arab Emirates, Asaluyeh, Dubai, of Oman, Persian, Oman, Cuba, Sudan, MarineTraffic, SynMax, TankerTrackers.com

☆ Las Vegas hopes to hit the jackpot with the Super Bowl
▼ + stars: | 2024-02-10 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

CNN —When Super Bowl Sunday rolls around each year — whether it’s in Miami, New Orleans, Los Angeles or Minneapolis — Las Vegas still draws the crowds. It took years — and a Supreme Court ruling legalizing sports betting — for the National Football League to view Las Vegas in a different light. “We’re sold out, have been for the last month,” said Paul Hobson, general manager of the Sahara Las Vegas hotel-casino. “Las Vegas has a lot of people going there for Super Bowl weekend anyway,” Stephenson said. Additionally, the visitors it attracts spend a whole lot more than the ones who would show up on your typical Super Bowl weekend, Hill said.

Persons: they’ve, Steve Hill, ” Hill, “, Hill, We’re, ”, Paul Hobson, It’s, Aaron J, Thornton, famer Michael Irvin, ” Hobson, Noel Bowman, you’re, ” It’s, Bowman’s, “ We’ve, Vince Lombardi, Ethan Miller, Frank Stephenson, ” Stephenson, Kirby Lee, “ We’re, “ That’s, Winston Fisher, David Farris, Café Lola, George Kittle, Travis Kelce, Lin Jerome, Lola, Alexandra Lourdes, “ It’s, Felicia Parker, she’s, Parker, it’s, Harry Reid Organizations: CNN, Minneapolis —, Football, Super, Las Vegas Convention, Visitors Authority, Las Vegas, National Football League, Playmakers Party, FHM, famer, NFL, Sunday, Visitors, Las, Super Bowl, Priceline, Berry College, of Sports Economics, USA, Reuters, Bowl, Business Connect, ”, Harry, Harry Reid International Airport Locations: it’s, Miami , New Orleans, Los Angeles, Minneapolis, Vegas, Sin City, Las Vegas, Sahara, Mandalay Bay, Mount Berry , Georgia

NEW YORK (AP) — British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York. The 86-year-old businessman entered the plea in Manhattan federal court six months after he was charged in the case. U.S. Attorney Damian Williams said the plea deal includes the largest financial penalty for insider trading in a decade. Broad Bay Limited, which Lewis owns, will pay more than $50 million in financial penalties, the prosecutor said in a release. Federal sentencing guidelines call for a prison sentence of between 18 and 24 months, though Lewis can seek less than that.

Persons: Joe Lewis, Lewis, Damian Williams, —, Joseph Lewis, Williams, Forbes, Lewis ’, Picasso, Matisse, Degas, Woods, Ernie Els, Justin Timberlake, Prosecutors, Jennifer Peltz Organizations: Tottenham Hotspur, Broad, U.S, Premier League, Lewis ’ Tavistock Group, Associated Locations: British, New York, Manhattan, United States, oceanside

☆ An Apple Maps error showed a restaurant as 'permanently closed' and it took a hit on sales, owner says
▼ + stars: | 2024-01-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Read previewA restaurant owner in Australia says a mishap with Apple Maps has cost him business. Chris Pyatt told ABC Australia that Apple Maps was displaying his Thai restaurant, Pum's Kitchen, as "permanently closed." "But we have seen a sudden and drastic change in customer behaviour towards the end of November and all of December," he told ABC Australia. This story is available exclusively to Business Insider subscribers. AdvertisementThe Maps app was later updated to reflect that it's not permanently closed after ABC Australia contacted Apple for comment.

Persons: —, Chris Pyatt, he's, Pyatt, Apple, Tim Cook, Cook, Apple didn't Organizations: Service, Apple, ABC, Business, Google, ABC Australia, Apple Support Locations: Australia, ABC Australia

☆ Startup employees are reeling as they brace for back-to-back rounds of layoffs: 'When it happens again, you start to lose that confidence and faith in your leadership.'
▼ + stars: | 2023-10-25 | by ( Samantha Stokes | Madeline Renbarger | ) www.businessinsider.com time to read: +9 min

For the startup employees interviewed by Insider, the constant threat of layoffs is having a detrimental effect on company morale. said one employee working at a growth stage startup that's conducted three rounds of layoffs this year. For Reay, the former Sendoso employee, constant rounds of layoffs gave him and his surviving colleagues "strategy whiplash." "When it happens again, you start to lose that confidence and faith in your leadership." Some startup employees are reconsidering their future in the industryAs startup employees brace for the potential of more job cuts, they say that the experience has them second-guessing whether to stay in the industry at all.

Persons: Sean Reay, it's, Reay, SoftBank, Sendoso, what's, I'm, Raey, SchoolMint, I've, you'd, he's, Jackie Xu, Xu Talent, Kleiner Perkins, Xu, you've Organizations: Facebook, Meta, Twitter, Sendoso, GV, Google, Employees Locations: San Diego, That's, SPAC

☆ 5 critical steps entrepreneurs can't afford to skip when starting a business
▼ + stars: | 2023-09-28 | by ( Sponsor Post | Created Spectrum Business With Insider Studios | ) www.businessinsider.com time to read: +10 min

Social media is a great tool for promotion, but it's also handy for collecting insights about what customers want. Build a social media presence for the new business and use it as a way to gather feedback. Social media is a great tool for promotion, but it's also handy for collecting insights about what customers want. Build a social media presence for the new business and use it as a way to gather feedback. Attract the first customers to your business with smart, small-business marketing strategiesAttracting and retaining the right customers is critical to small business success.

Persons: it's Organizations: Products, Management, Spectrum Business, SCORE, Service Corps, Insider Studios

☆ Opinion | ‘The Entire Debate Was a Gong Show’: Winners and Losers From the Second Republican Showdown
▼ + stars: | 2023-09-28 | by ( New York Times Opinion | ) www.nytimes.com time to read: +21 min

Matthew Continetti Governor Haley is an excellent communicator, but her message was often lost amid all the cross talk. Daniel McCarthy In this debate, Governor Haley decided to play the role that Vivek Ramaswamy played last time, frequently interrupting and attacking others. Matthew Continetti Governor DeSantis is not an exciting debater, but he remains the most plausible alternative to Donald Trump. Jane Coaston He really, really, really wanted to fight Donald Trump, who was not present. His worst moment was a canned line in which he compared Donald Trump to Donald Duck (Disney defamation suit to follow).

Persons: Ronald Reagan, Jane Coaston, Tim Scott, Vivek Ramaswamy, Ramaswamy, Gail Collins, Matthew Continetti, Haley, Ron DeSantis, I’m, Michelle Cottle, Ross Douthat, Amy Klobuchar, Vivek Ramaswamy’s Pete Buttigieg —, Michelle Goldberg, Katherine Mangu, Ward, Daniel McCarthy, Katherine Miller Haley, Scott, ” Peter Wehner, she’d, DeSantis, Donald Trump, zinged Trump, Trump, he’s, Nobody, Michelle Goldberg DeSantis, DeSantis —, Daniel McCarthy He’s, don’t, Katherine Miller, Peter Wehner, Christie, Donald Duck, Matthew Continetti Governor Christie, He’s, —, Ross Douthat “ Donald DUCK, “ Donald Duck, ” Katherine Mangu, Biden, ” Daniel McCarthy Governor Christie, Katherine Miller Christie, stemwinders, Donald Trump’s, Haley —, ’, “, ” Matthew Continetti, MAGA populists, MAGA, Haley didn’t, Reagan, Ward Ramaswamy, Katherine Miller Ramaswamy, Burgum, Ross, Yep, Katherine Miller Burgum, Gail Collins Boy, Pence, ”, Mike Pence, Asa Hutchinson, Peter Wehner Trump Organizations: Republican, Ronald Reagan Presidential, American Special Operations, Washington, Trump, Fox, Washington , D.C, South, Blacks, ’, Reagan Locations: California, Iowa, New Hampshire, Mexico, Florida, Ukraine, Washington ,, New Jersey, Simi Valley, China, America, North Dakota

☆ Mohamed al-Fayed, ex-Harrods owner whose son died with Princess Diana, dead at 94
▼ + stars: | 2023-09-01 | by ( Andrew Macaskill | ) www.reuters.com time to read: +6 min

Born in the Egyptian city of Alexandria, al-Fayed began his career selling fizzy drinks and then worked as a sewing-machine salesman. Al-Fayed died on Wednesday, his family said, a day before the 26th anniversary of Dodi and Diana's death. After a quarter of century of ownership, al-Fayed sold Harrods to Qatar's sovereign wealth fund in 2010. DIANA AND DODIThat summer, al-Fayed's son Dodi began a relationship with Princess Diana, who had divorced Prince Charles, the heir to the British throne. Dodi and Diana were pictured by British tabloids on holiday on a yacht in the south of France.

Persons: Diana's, Mohamed al, Fayed, Princess Diana, –, Diana, Dodi, Prince Philip, Mohamed Al Fayed, Mohamed, sequined, Michael Jackson, Eye, Roland, Tiny, Rowland, al, sleaze, Tony Blair, DIANA, Prince Charles, Mercedes, Blair, Sarah, I'm, Andrew MacAskill, Nilutpal, Giles Elgood, Rosalba O'Brien, Andrew Heavens Organizations: Fulham FC, Ritz, Harrods, Fulham, HARRODS, Department of Trade, Conservatives, Labour, Paris, Thomson Locations: Paris LONDON, Harrods, Egyptian, Alexandria, al, Europe, Fulham, Paris, Britain, France, British, Egypt, Al, Pont, London, Bengaluru

REUTERS/Aly Song/File Photo Acquire Licensing RightsSHENZHEN, China/SHANGHAI, Aug 30 (Reuters) - Chinese chip stocks rallied on Wednesday following Huawei Technologies' (HWT.UL) launch of its new Mate 60 Pro phone, as investors speculated it could be using a 5G capable chip which, if true, would mark a win for China's local semiconductor sector. On Tuesday, the company began selling its Mate 60 Pro around midday for 6,999 yuan ($960) in an unusually low-key fashion, having given no advance notice or conducted advertising. The specifications provided for the Mate 60 advertised its ability to make satellite calls, but provided no information on the power of the chipset inside. Huawei, whose woes with Washington have become a key flashpoint in U.S.-China relations, declined to comment on whether the phone was 5G capable but said in a statement the Mate 60 series was its most powerful Mate model ever. CHIP SHARES JUMPChina's semiconductor sector (.CSIH30184) jumped more than 2.5% on Wednesday, sending weekly gains to roughly 8%.

Persons: Aly, Lu Deyong, Lu, Nicole Peng, David Kirton, Jason Xue, Mo Yelin, Lincoln Organizations: Huawei, Artificial Intelligence, REUTERS, Rights, Huawei Technologies, Reuters, chipmaking, Semiconductor Manufacturing International, Pro, Staff, Washington, China's Semiconductor Manufacturing International Corp, Sai MicroElectronics Inc, Thomson Locations: Shanghai, China, Rights SHENZHEN, SHANGHAI, Washington, Beijing, Shenzhen, Kirin, Mo

NEW YORK, June 22 (Reuters) - Bankrupt crypto exchange FTX on Thursday sued a former aide to Hilary Clinton and the former aide's investment firm, seeking to claw back $700 million in investments allegedly made with misappropriated FTX funds. Bankman-Fried authorized investments in K5 projects that enriched Kives and Baum with no payoff for FTX or its customers, who were footing the bill, FTX alleged. FTX has also filed lawsuits over its pre-bankruptcy investment in the stock platform Embed and its payments toGenesis Global Capital, the bankrupt lending arm of crypto firm Genesis. FTX on Wednesday announced a settlement with the Metropolitan Museum of Art, in which the museum agreed to return $550 million in donations that it received from FTX companies in 2022. Reporting by Dietrich Knauth in New York Editing by Alexia Garamfalvi and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Hilary Clinton, misappropriated, FTX, Sam Bankman, Fried, Michael Kives, Bryan Baum, Clinton, Arnold Schwarzenegger, Katy Perry, I've, Baum, Kendall Jenner's, SBF, Elizabeth Ashford, Kives, Dietrich Knauth, Alexia Garamfalvi, Matthew Lewis Organizations: YORK, K5 Global, Democratic, Republican, U.S . Securities, Exchange Commission, K5, Genesis Global Capital, Wednesday, Metropolitan Museum of Art, Thomson Locations: Wilmington , Delaware, Democratic U.S, New York, Republican California, FTX

☆ Here are Cowen's top chip picks for an EV and autonomous-auto future
▼ + stars: | 2023-05-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

That's because the vehicle platform redesigns need to come through semiconductor innovations in processing and power-management technologies, analyst Joshua Buchalter wrote in a report on Monday. "We believe these powerful secular content themes are underappreciated amidst appropriate cyclical concerns and pushback on EV attach rate projections," he added. In fact, companies indexed to these trends can outgrow the broader market and should be on investors' radar today, Buchalter said. TD Cowen's proprietary model forecasts the total automotive semis market growing at a 9% compound annual growth rate from 2023 to 2030 — doubling to about $121 billion. The company has already amassed a $30 billion auto revenue pipeline, spread across the digital cockpit, connectivity and ADAS, he pointed out.

Persons: TD Cowen, That's, Joshua Buchalter, Buchalter, Mobileye, Matthew Ramsay, Ramsay, — CNBC's Michael Bloom Organizations: Microsystems, Mobileye's, Nvidia, Qualcomm Locations: ADAS

☆ UK's Sunak launches charm offensive on business leaders
▼ + stars: | 2023-04-23 | by ( Andrew Macaskill | ) www.reuters.com time to read: +2 min

Sunak has made reviving the economy one of his five key priorities, after Britain's gross domestic product only regained its pre-pandemic size in February. Sunak, a former investment banker, along with finance minister Jeremy Hunt and business minister Kemi Badenoch will speak at a series of events on Monday to more than 200 executives representing sectors including technology and manufacturing. "We are bringing together some of the UK's biggest companies and investors for meaningful dialogue – and I'm a prime minister passionate about working with business to unlock opportunity and progress," Sunak said in a statement. In what his office called his first ever LinkedIn Live event, business leaders will on Monday morning also have the opportunity to ask Sunak questions about business policy. The prime minister will unveil an innovation category at the Great British Entrepreneur Awards on Monday evening, hosted by the finance minister at Downing Street.

☆ Goldman employees sometimes helped CEO David Solomon manage his DJ schedule, report says
▼ + stars: | 2023-02-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Goldman employees have "sometimes" helped CEO David Solomon manage his DJ schedule in the past, NYT reported. A Goldman spokesperson said that "there are no conflicts of interest" tied to Solomon's DJing. A spokesperson for Goldman told the Times that there is "no economic component" to Solomon's relationship with Mestel. But a Goldman spokesperson told Insider that "there are no conflicts of interest." At the time, a Goldman spokesperson said the trip was was considered to be both a business and a personal expense.

☆ Treasury's Yellen breaks ground on rural electrification project in Senegal
▼ + stars: | 2023-01-21 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

KEUR BABACAR MBAYE, Senegal, Jan 21 (Reuters) - U.S. Treasury Secretary Janet Yellen on Saturday helped kick off a new rural electrification project in Senegal that will bring reliable power to 350,000 people, while supporting some 500 jobs in 14 U.S. states. Senegal has among the highest rates of electrification across Sub-Saharan Africa - between 70% and 80% - but access to electricity remains far more limited in rural areas. It will also help Senegal get one step closer to its goal of universal electricity access by 2025," she said. She said the U.S. Power Africa project has helped connect 165 million people to reliable electricity across Africa. Its goal is to add at least 30,000 megawatts (MW) of cleaner and more reliable electricity generation capacity and 60 million new home and business connections by 2030.

☆ Apple Maps is getting a big update. Here's what it looks like
▼ + stars: | 2023-01-11 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple announced a big update to Apple Maps on Wednesday that will add new photos, buttons and promotions to the app on business pages. The move will encourage Apple Maps users to seek more than just directions by offering new information and photos about business locations. For example, businesses on Apple Maps can now display a "Showcase," or a module with a big picture and the ability to highlight deals or limited-time promotions. Apple Maps will also let businesses add buttons to the top of their profile to let people order or make reservations. Here are some changes coming to the Apple Maps app:

☆ 23 of the best business apps for entrepreneurs that help with organization, connectivity, and mindfulness
▼ + stars: | 2023-01-09 | by ( Alexandra York | ) www.businessinsider.com time to read: +9 min

Digital tools such as apps have become a crucial part of running a business, founders told Insider. Many of these apps are free and help with tasks like organizing project timelines or meditation. Many of these apps are free or low-cost and help entrepreneurs with tasks like organizing project timelines, connecting with customers, and finding time for themselves. TikTok"I love TikTok for both life and business," Daphne Chen, the founder of the sexual-healthcare company TBD Health, said. CalmDiego Osorio, the founder of the tequila brand Lobos 1707, prefers the Calm meditation app for 20-minute meditations and stress management.

☆ Five Chinese startups that survived a tough year of Covid lockdowns
▼ + stars: | 2023-01-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Qilai Shen | Bloomberg | Getty ImagesBEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. The startup avoided significant impact from China's Covid lockdowns since it could deliver its products virtually, Jiang said. The company aggressively pushed overseas in 2022 – launching subsidiaries in Tokyo, Seoul, Germany, Dubai, Los Angeles and Hong Kong, Wan said. Previously, Wan said that Keenon had seen revenue at least double or more every year from a lower base, when the China market was growing. The company has a staff of 100 people in the southern Chinese province of Guangdong and Los Angeles, Lin said.

☆ The cofounder of venture capital firm Target Global left after his Russian oligarch father was sanctioned
▼ + stars: | 2022-12-12 | by ( Shona Ghosh | ) www.businessinsider.com time to read: +3 min

Alexander Frolov, the son of a sanctioned Russian oligarch, has left his tech investment firm. The UK sanctioned Alexander Frolov Senior on November 2. Alexander Frolov, the son of a sanctioned Russian oligarch, has left the venture capital firm he cofounded and ran, Target Global, amid ongoing concerns about Russian money flowing into European tech startups. The move was first reported by German publication FinanceFwd and was confirmed to Insider Monday by a spokesman for Target Global. The UK sanctioned Russian oligarch Alexander Frolov, formerly CEO of steel-mining firm Evraz, in November 2022.

☆ A pro pitch deck designer explains 5 key strategies to help you raise money and promote new businesses
▼ + stars: | 2022-10-24 | by ( Jp Mangalindan | ) www.businessinsider.com time to read: +5 min

But after trying her hand at acting — and quickly becoming disillusioned with the industry — she decided that the money in pitch decks was too good to turn down. "I didn't even know people [created pitch decks] professionally," said Williams, who got into the industry through a business connection. Designing a pitch deck requires a balance of creative design and business acumen, she said. The deck's font really matters. It's also key that the font in a pitch deck aligns with the branding on a website.

☆ 5 strategies on how to create a pitch deck from a designer who earns up to $200 an hour making decks for companies like NASA, Equinox, Gap, and the Discovery Channel
▼ + stars: | 2022-10-11 | by ( Jp Mangalindan | ) www.businessinsider.com time to read: +5 min

Williams offered five strategies on how to get the most out of pitch decks. But after trying her hand at acting — and quickly becoming disillusioned with the industry — she decided that the money in pitch decks was too good to turn down. "I didn't even know people [created pitch decks] professionally," said Williams, who got into the industry through a business connection. Designing a pitch deck requires a balance of creative design and business acumen, she said. The deck's font really matters.

☆ How introverts can become ‘masters’ at networking: 7 tips from a professional coach
▼ + stars: | 2022-09-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +5 min

But that's what networking is all about — and a networking coach says you're fully capable of mastering the skill. Jevonya Allen, a self-described introvert who has been a networking coach for more than five years, says people often look down on introverts. Allen recommends writing down your affirmations in a journal, an index card or even somewhere on your phone. Have a strategy for networking eventsAs much as you might want to avoid attending networking events with large groups of people, they're still a great way to make business connections, Allen says. Allen recommends meeting at least one networking connection weekly, for roughly 30 minutes each.

☆ Meet Allan Maman: The 21-year-old whose cold emails to Andrew Yang and Mike Bloomberg led to him making memes for their political campaigns
▼ + stars: | 2021-04-02 | by ( Dominic-Madori Davis | ) www.businessinsider.com time to read: +10 min

Allan Maman, a 21-year-old who didn't go to college, is the brainchild behind many of the memes used by the presidential campaigns of Andrew Yang and Mike Bloomberg. "Even people that were anti-Bloomberg or anti-or pro-Trump were tweeting, 'Oh this is actually a funny meme,'" Maman said. 'I think it's really cool that we kind of started political memes.' Allan MamanAnd as for his political meme career, Maman isn't so sure he will ever go back to it after the November election. "I think it's really cool that we kind of started political memes," he said.

Search resuls for: "Business Connect"

23 mentions found