DIRS.INFO The most relevant business & tech news

☆ The pre-owned luxury watch market is thriving
▼ + stars: | 2024-04-24 | by ( Fawnia Soo Hoo | ) edition.cnn.com time to read: +11 min

Granted, the pandemic-induced second hand luxury watch boom peaked back in March 2022, but the market is still going strong, and price levels remain higher than pre-Covid times. “(They’re) a crucial demographic for the growth and evolution of the pre-owned and vintage luxury watch industry,” added Paul Altieri, founder & CEO of multi-brand online luxury marketplace Bob’s Watches. Don't be shy," said Dimepiece's Brynn Wallner of new buyers' potential nerves when it comes to luxury watch stores. How can you tell if a luxury pre-owned watch is the real deal? “Luxury watches of this caliber will go from one generation to the next to the next to the next,” he explained.

☆ An invite-only audio app has Silicon Valley and creators buzzing. But can it last?
▼ + stars: | 2024-04-16 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +4 min

Somewhere between Clubhouse and X (formerly Twitter), Airchat's feed of audio snippets transcribed by the app has sparked conversation. Already, the invite-only app has a channel dedicated to the creator economy titled "Creators" — including industry figures like Eric Wei (CEO of Karat), Lia Haberman (influencer marketing expert), and Brett Dashevsky (host of Creator Economy NYC events). Dashevsky, a self-described "avid Twitter user," said that Airchat is already displacing his average Twitter screen time. It wouldn't come as a surprise to anyone in tech or social media to see Meta double down on Threads' audio tools. But she added that she could see Meta brainstorming ways to promote Threads' audio tools, which could become a concern for Airchat.

Persons: Naval Ravikant, Brian Norgard, Airchat, Washington Post's Taylor Lorenz, George Santos, Eric Wei, Lia Haberman, Brett Dashevsky, Haberman, it's, Diana, Umana, Meghana Dhar, Meta, Dashevsky, I've Organizations: Naval, CPO, Business, Tech, Republican, Apple, Big Tech Locations: VCs, Washington

☆ 'It saves time, it saves money, it saves stress': 3 decluttering tips from professional organizers
▼ + stars: | 2024-03-30 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

After all, how many times have you lost a bill in pile of papers that built up on your desk? "When people declutter and create some order in the home, it saves time, it saves money, it saves stress," says Lori Reese, a professional organizer and owner of Consider It Done in Harrisburg, Pennsylvania. Here are three tips from organizing pros to help you tackle your spring decluttering project. "The trick is to add that action to a habit, so that you're going to stick to that routine," she says. "Then the rule is when that bag or bin gets full, you just drive it to your favorite charitable organization."

Persons: Lori Reese, Mindy Godding, Godding, Gayle Goddard, Reese, Goddard Organizations: CPO Locations: Harrisburg , Pennsylvania, Richmond , Virginia, Houston , Texas

☆ Big Tech said return to the office. She had another solution
▼ + stars: | 2023-10-24 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +10 min

New York CNN —Big Tech has given workers an ultimatum: Come back to the office, or find a new job. However, the program risked letting all employees work from home or any other remote location. Intentional office gatheringsAhead of instituting Flex Forward, Autodesk was “rethinking our office footprint,” Blum said. For instance, Autodesk closed its San Rafael, California, office; consolidated it with the San Francisco headquarters; and started subleasing some of its office space. But, increasingly, the talent acquisition team is seeing more candidates apply for openings because they view Autodesk as “that remote company,” Pearce added.

Persons: Elon Musk, Mark Zuckerberg, Rebecca Pearce, Pearce, “ I’m, ” Pearce, ”, Steve Blum, Autodesk’s, it’s, ” Musk, Jamie Dimon, Michael Nagle, —, “, doesn’t, Andy Jassy, Jassy, don’t, ’ ”, ” Blum, Blum Organizations: New, New York CNN, Big Tech, Autodesk, Flex, CNN, Autodesk Inc, ”, Meta, JPMorgan, Bloomberg, Getty, ” Autodesk, La Nacion, “, San, Employees Locations: New York, Cornwall, England, North America, Autodesk’s Portland , Oregon, Portland , Oregon, La, Rafael , California, San Francisco, cubicles, Autodesk's Portland , Oregon

☆ CoinCover identifies barriers to mass crypto adoption
▼ + stars: | 2023-09-12 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCoinCover identifies barriers to mass crypto adoptionDavid Moore, CPO at CoinCover, breaks down the findings of the blockchain protection firm's new report on the future of cryptocurrencies.

Persons: David Moore Organizations: CoinCover Locations: cryptocurrencies

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSEC Chair Gensler calls out crypto's 'wide-ranging noncompliance' in Senate hearing: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. David Moore, CPO at CoinCover, breaks down the findings of the blockchain protection firm's new report on the future of cryptocurrencies

Persons: Gensler, crypto's, explainers, David Moore, cryptocurrencies Organizations: SEC, CNBC Crypto, CNBC, CoinCover

☆ Elon Musk needs to be ruthless if he's going to transform X into a killer app. Here's what he should do, according to a Fortune 500 project management expert.
▼ + stars: | 2023-08-02 | by ( Dr. Te Wu | ) www.businessinsider.com time to read: +8 min

Dr. Te Wu is the CEO and CPO of PMO Advisory, a project management training and consulting firm. From a project management perspective, here are the top five actions I would undertake to make this latest transformation successful. Business transformation is more of an art than a science, and building new product features can be extraordinarily difficult. Dr. Te Wu is CEO and CPO of PMO Advisory, a project management training and consulting firm for companies, including Global 500 and nonprofit organizations. He is an associate professor at Montclair State University and chair of the Project Management Institute's Portfolio Management Standard Committee.

Persons: Te Wu, Wu, It's, Elon Musk, I've, Musk, Linda Yaccarino, WeChat, Meta, OpenAI's, Slack Organizations: PMO, Twitter, Morning, SpaceX, Fortune, Swiss Army, China Europe International Business School, Elon, New York's Transit Authority, Facebook, Microsoft, Montclair State University, Project Management Institute's Locations: New, China

☆ Used cars may never be cheap again — here's what you need to know about shopping for one right now
▼ + stars: | 2023-07-08 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

Sometimes shopping used can require even more research and preparation than shopping for a new car. Used car prices have been notoriously volatile since the pandemic and squeezes on inventory have allowed sellers of used cars to jack up prices based on urgent needs. While this option can be great for new car shopping if you're on a budget, used car leases can be dangerous. Even when buying a used car, warranties are an important part of used car shopping. If repair costs are a concern for you, consider purchasing an extended warranty on your used car.

Persons: you've, that's, Kelley Organizations: Morning, Companies, Hertz, Avis, Enterprise, CPO

☆ Rolex certified pre-owned watches cost 25% more on average than those from traditional resellers
▼ + stars: | 2023-06-23 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Rolex last month expanded its certified pre-owned watch program from Europe to the US. Every model except the Daytona is at least 17% more expensive on average when certified by the Crown. Used watches that have the official stamp from Rolex currently command a 25% higher price on average across the portfolio, according to data from WatchCharts, a price-tracking platform for luxury watches. The CPO markup does not apply uniformly across all models, however: more popular watches appear to have a lower relative increase than less popular ones. With extremely constrained supplies of new watches and yearslong waitlists for certain models, the CPO program is essentially the only way to buy a Rolex on-demand from an authorized dealer.

Persons: — Organizations: Rolex, Crown, Service, CPO Locations: Europe, WatchCharts

☆ How generative A.I. and low-code are speeding up innovation
▼ + stars: | 2023-05-19 | by ( Rachel Curry | ) www.cnbc.com time to read: +4 min

Oscar Wong | Moment | Getty ImagesIndependently, generative artificial intelligence and low-code software are two highly sought-after technologies. While the intersection of low-code and AI feels natural, it's crucial to consider nuances like data integrity and security to ensure a meaningful integration. Additionally, rather than the AI revolution replacing low-code, Varadharajan said, "One doesn't replace the other, but the power of two is going to bring a lot of possibilities." Low-code software increases the accessibility of development across organizations (often to so-called citizen developers) while generative AI increases organizational efficiency and congruence. "Even now, we are still grappling with the possibilities of what generative AI can do," Varadharajan said.

☆ Mark Zuckerberg grilled by angry employees who asked why executives received large bonuses during a year of layoffs and business turmoil
▼ + stars: | 2023-04-24 | by ( Kali Hays | ) www.businessinsider.com time to read: +5 min

He was grilled on pay for execs who received huge bonuses amid relatively poor business performance. Mark Zuckerberg last week took questions from angry employees who asked why executives at Meta seem to face no meaningful consequences for the decisions they've made which have led to thousands of layoffs, and counting. Zuckerberg also argued that Meta's performance overall negatively impacted the executives, meaning a reduction to their bonus was "baked in." According to Meta's proxy statement for 2022, each member of the C-suite received a bonus based on an individual performance multiplier. While an 85% multiplier would have shown they met expectations, all of the executives received a multiplier of either 125% or 165%, showing they are considered to have far exceeded what was expected of them.

☆ Palm oil's rare premium leads to 'wash out' in India -dealers
▼ + stars: | 2023-04-19 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +3 min

Palm oil usually trades at a discount to soft oils, but import restrictions by top producer Indonesia have helped to push palm oil to a premium, making sun oil and soyoil more attractive to buyers. This has prompted some Indian buyers to reduce purchases of palm oil for May shipments and increase soft oil imports. Lower palm oil imports by India, the world's biggest buyer of vegetable oils, could weigh on Malaysian palm oil prices , but support soyoil and sunflower oil prices. But palm oil has moved to a premium at the same time as soft oil prices have dropped, partly due to a record rapeseed crop. Palm oil's discount to rival oils was much as $500 in the December quarter, but now it is holding a rare premium of more than $30 per tonne over sunoil for May shipments, dealers said.

Indonesia, the world's biggest producer of palm oil, raised the mandatory blend of palm oil in biodiesel to 35% starting in February, from 30% earlier, to reduce diesel fuel imports amid high global energy prices and to reduce emissions. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange slid 24 ringgit to 4,181 ringgit a tonne on Wednesday. An El Nino episode usually results in below-average rainfall in main palm oil producers Indonesia and Malaysia, cutting yields and pushing up global prices. "It used to be palm oil is export-oriented for Indonesia, but sales are declining and domestic consumption is increasing," Fadhil said. James Fry, the chairman of commodities consultancy LMC International, however, cautioned that the correction in gasoil prices could bring down demand for biodiesel and pull-down palm oil prices.

The increase in the tax on palm oil could lift local prices, making the tropical oil a little less competitive than rival soyoil and sunflower oil. "We have proposed an increase in import duty on palm oil to support rapeseed prices," said a government official, who declined to be named in line with official rules. After abolishing the basic import tax on crude palm oil (CPO) last year, India continues with a 5.5% tax on CPO shipments. The country also levies a 12.5% import tax on refined, bleached and deodorized palm oil. "Overall food inflation might be a concern for the government, but vegetable oil prices have dropped."

☆ Inside the private meeting at Jack Ma's apartment where he plotted to take on Silicon Valley with a trusted 'ragtag bunch' of early employees
▼ + stars: | 2023-01-24 | by ( Brian A. Wong | ) www.businessinsider.com time to read: +8 min

In one apartment, Jack, Lucy Peng, and a few other leaders worked alongside the firm's engineers. Everyone's enthusiasm flowed from their strong identification with the company's mission and Jack's vision, and if it was part of our mission, all believed, it was certainly achievable. In fact, in time, I would grow to better understand and more deeply embrace Alibaba's mission, vision, and values and the way they motivated our people. That's what Savio Kwan, Alibaba's first COO, did, codifying Jack's ideas into our company mission, vision, and values. Their efforts would form the basis of Alibaba's core mission, vision, and values statement— the guiding force or beliefs for Alibaba's development then and now.

Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.

☆ A $3,300 self-driving stroller is at this year’s CES. Are parents ready?
▼ + stars: | 2023-01-04 | by ( Jennifer Korn | ) edition.cnn.com time to read: +2 min

New York CNN —Hang onto your baby bonnets: Self-driving technology is coming to strollers. Canadian-based baby gear startup Gluxkind was showing off its Ella AI Powered Smart Stroller at this year’s CES, the consumer electronics show in Las Vegas that offers some of the most cutting edge – and out-there – new technologies. The smart stroller offers much of the same tech seen in autonomous cars and delivery robots, including a dual-motor system for uphill walks and automatic downhill brake assist. The Ella stroller is able to drive itself for hands-free strolling – but only when a child is not inside. Deliveries of the stroller are expected to begin in April 2023, according to the company website.

☆ Meet 6 inspirational leaders creating a better future for developers
▼ + stars: | 2022-10-27 | by ( Sponsor Post | Created Twilio With Insider Studios | ) www.businessinsider.com time to read: +7 min

Twilio's Developer Searchlight is a global search for the most inspirational, effective leaders supporting developers today. In her former role as a senior product manager at Mulesoft, Suchi was an advocate for developers, building products specifically designed for developers. Marcus EaganEagan supports the open-source community through personal, financial, educational, and code contributions. TwilioMarcus Egan, a staff product manager at MongoDB, dedicates 20% of his week to mentoring and giving back to the open-source community. Ashwin started giving back to the developer community after attending and winning some hackathons.

☆ Indonesia Sept trade surplus seen at $4.8 bln as exports slow
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +1 min

Summary Trade data due at 0400 GMT on Monday, Oct. 17JAKARTA, Oct 14 (Reuters) - Indonesia's trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export growth, a Reuters poll showed on Friday. The September trade surplus is seen at $4.84 billion, narrower than the previous month's $5.76 billion, according to the median forecast of 12 economists. Indonesia is a major exporter of coal, palm oil, nickel, tin and other commodities. Analysts have warned moderating commodity prices, at a time when imports are rising due to an improving domestic economy, may reduce its trade surplus in the remainder of 2022. "We saw a correction in CPO (crude palm oil) prices, even though coal prices were stable" last month, said Irman Faiz, an economist with Bank Danamon, who predicted a $4.4 billion September surplus.

Worker loads palm oil fresh fruit bunches to be transported from the collector site to CPO factories in Pekanbaru, Riau province, Indonesia, April 27, 2022. The momentum in shipments could help to bring Indonesia's palm oil stocks, which ballooned to 6.69 million tonnes by end-June from around 4 million tonnes at end-2021, back to 4.5 to 5 million tonnes by end-September, said Eddy Martono, Secretary General at the Indonesian Palm Oil Association (GAPKI). Malaysia has also displaced Indonesia so far in the 2021/22 marketing year to end-October as the top palm oil supplier to India, according to SEA data. "Indonesian sellers are now trying hard to regain the lost market share by offering discounts," a New Delhi-based palm oil dealer said. "Palm oil is big contributor in its tax kitty.

Search resuls for: "CPO"

21 mentions found