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☆ Elon Musk says Twitter takeover has been 'painful' but the company is now 'roughly breakeven'
▼ + stars: | 2023-04-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Elon Musk Twitter account seen on Mobile with Elon Musk in the background on screen, seen in this photo illustration. Elon Musk says that Twitter is close to becoming cash-flow positive after making sharp layoffs and working to lure advertisers back to the platform. "I'd say we're roughly breakeven at this point," Musk said Wednesday, during a live interview with the BBC recorded on Twitter Spaces. Musk said that Twitter will start removing blue checks from accounts without a subscription to the company's paid Twitter Blue service next week. Musk purchased Twitter for $44 billion in late October after a drawn-out legal battle with the company.

☆ Trump supporters rally at his Mar-a-Lago residence
▼ + stars: | 2023-03-31 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsTrump supporters rally at his Mar-a-Lago residencePostedSupporters of Donald Trump gathered outside his Palm Beach Mar-a-Lago property on Thursday (March 30) to show their support for the former president after he was indicted by a Manhattan grand jury. Those at the rally included Jill Cohen, a Florida resident and author, Miami resident Maurice Symonette, and a woman who identified herself as "Maga Mary".

☆ Bitcoin is poised to blow up Africa's $86 billion banking system
▼ + stars: | 2023-03-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Then there's mobile money, which has been around since the early 2000s. Africa's mobile money transactions rose 39% to more than $700 billion in 2021, according to data from the GSM Association, a non-profit representing mobile network operators worldwide. That cash network was extraordinarily difficult and expensive to build, which is why there aren't a lot of direct competitors. Bitnob is SMS-based and piggybacks on the mobile money system, making it easier for people to send money directly into bank accounts and mobile money wallets in African countries. "We're able to settle into bank accounts or mobile money accounts, without the recipients having to interact with bitcoin themselves," Parah tells CNBC.

☆ How this 26-year-old went from running bitcoin trading desks in Taco Bells to creating the largest crypto exchange in Africa
▼ + stars: | 2023-03-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +28 min

Yellow Card CEO Chris Maurice just before meeting with the Securities and Exchange Commission in Accra, Ghana. Chris MauriceFrom there, Yellow Card users can send or receive digital cash in eligible markets. Zoom In Icon Arrows pointing outwards Yellow Card CEO Chris Maurice in Accra, Ghana loading cash onto his Mobile Money account, MoMo. Yellow Card has facilitated $1.75 billion in transactions since launching in 2019 and has about 220 employees – mostly in Africa. A resident checks his phone outside a mobile money kiosk in the Kibera district of Nairobi, Kenya, on Monday, Aug. 1, 2022.

☆ Barbara Corcoran says meeting Mark Cuban was her 'most embarrassing moment' on 'Shark Tank' — here's why
▼ + stars: | 2023-03-04 | by ( Natasha Piñon | ) www.cnbc.com time to read: +3 min

You never get a second chance at a first impression — which Barbara Corcoran learned the day she met her "Shark Tank" co-star Mark Cuban. That initial encounter was Corcoran's "most embarrassing moment on 'Shark Tank,'" the Corcoran Group founder said in a recent TikTok video outlining the incident. "I look at the guy next to me, and it's the luggage guy sitting in the seat next to me," she said. Cuban, the billionaire owner of the NBA's Dallas Mavericks, joined "Shark Tank" as guest Shark in 2011, during its second season, and became a main investor a season later. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

In North Carolina, party activists are seeking to punish Republican Senator Thom Tillis for his support for same-sex marriage rights. North Carolina State Representative Mark Brody, who supports censuring Sen. Tillis, says it is better to address differences directly. Law, who served as a senior member of Trump's 2016 and 2020 campaigns in Nevada, and the county party did not respond to requests for comment. Although Tillis retains support among the party establishment, Jim Womack, a county party chair, says the Senator’s critics are gaining strength. “The North Carolina Republican party will eventually be decentralized to the point where the grassroots will actually run the party,” Womack said.

☆ Judge nixes Nike's attempt to close the courtroom as key details are discussed in lawsuit filed by former NFL player Odell Beckham Jr.
▼ + stars: | 2023-03-02 | by ( Matthew Kish | ) www.businessinsider.com time to read: +6 min

The judge declined Nike's request. After the judge declined Nike's request to close the courtroom, attorneys for Nike and Beckham argued for roughly 90 minutes about the motion to dismiss. In the lawsuit, Beckham claims damages of $20.6 million. NikeBroadly, Suh argued that Beckham breached the contract by, among other things, wearing custom Nike cleats that weren't available for purchase. "Mr. Beckham personally undertook to obtain customized Nike cleats that would not clash with the Rams uniforms," his attorneys wrote in the lawsuit.

☆ LGBT Brazilians compete in country's first drag king contest
▼ + stars: | 2023-02-07 | by ( Steven Grattan | ) www.reuters.com time to read: +3 min

[1/5] Egon Maurice LaSand poses with a crown after winning the King of Kings contest, a drag king competition that reunites 15 artists from all over the country, in Sao Paulo, Brazil February 5, 2023. King is taking part in Brazil's King of Kings competition, the first of its kind where 15 drag kings from around the country compete to win the title. Drag kings are mostly female or transgender performers playing exaggerated male characters, but the contest is open to anyone. "It's historic, because we don't have a contest or an event dedicated to drag kings in Brazil," said 43-year-old drag king Lorde Lazzarus, who organized the event. Many of the acts carried messages about social issues affecting the lesbian, gay, bisexual and transgender (LGBT) community through artistic performances.

☆ NHL roundup: Devils blow lead, top Canucks in OT
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +4 min

Bratt, stationed in the right faceoff circle, took a no-look pass from Jack Hughes and fired a shot well beyond the glove of Canucks goalie Collin Delia. Hughes and Ondrej Palat had two goals apiece for the Devils, who scored three goals in a 50-second span midway through the second period. The Ducks scored their goals 1:26 apart in the third period to tie the score. Silfverberg tipped in a point shot from Kevin Shattenkirk to cut the lead to 2-1 at 11:04. Karel Vejmelka stopped 33 shots for the win as Arizona improved to 3-1-1 in its past five games.

☆ Abuses Proliferate in Police Squads Like Memphis's Scorpion Unit
▼ + stars: | 2023-01-28 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +27 min

Street Crime Unit. Jon Naso/NY Daily News Archive via Getty ImagesMemphis police chief Davis also has prior experience with special street crime units. Street crime squads are popular among politicians who say only aggressive policing will reduce violent crime. In the late 1990s, the Street Crime Unit tripled in size, amid a panic over a rising number of homicides. In a city grappling with violent crime, authorities touted the Street Crime Unit as a bright spot.

☆ NHL roundup: Pens' Kris Letang plays hero in return vs. Panthers
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +8 min

Letang, who was activated from long-term injured reserve earlier in the day, finished with two goals and two assists. Aaron Ekblad had a goal and two assists, Sam Reinhart and Matthew Tkachuk a goal and an assist apiece and Colin White one goal. Fiala also had an assist, while Anze Kopitar scored two goals and Samuel Fagemo contributed one goal for the Kings. Avalanche 3, Capitals 2Artturi Lehkonen, Alex Newhook and Andrew Cogliano scored goals, Alexandar Georgiev had 37 saves and Colorado beat Washington in Denver. Logan O'Connor had two assists for Colorado, which has won six straight despite Cale Makar missing his fourth straight game with an upper-body injury.

☆ Publicis Groupe's Lévy: The EU is stronger than ever despite the UK's exit
▼ + stars: | 2023-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPublicis Groupe's Lévy: The EU is stronger than ever despite the UK's exitMaurice Lévy, chairman of the supervisory board of Publicis Groupe, says Ukraine and Russian President Vladimir Putin have "done a very good job" of getting the solidarity of the Europeans.

☆ Law & Order SVU's Maurice Compte: Boundaries between good and bad can be 'blurry'
▼ + stars: | 2023-01-12 | by ( Arturo Conde | Arturo Conde Is An Editor | A Bilingual Freelance Journalist. He Writes For La Opinión A Coruña | ) www.nbcnews.com time to read: +4 min

Police dramas often define a clear line between good and bad. But Cuban American actor Maurice Compte, who plays Captain Mike Duarte on the 24th season of “Law & Order: Special Victims Unit,” says the policemen and gang members he grew up with make that line more blurry in real life. The actor told NBC News that he knew both policemen and gang members — some of whom he said were in the Latin Kings. Beyond the imaginary TV line that divides characters into good and bad, there's a more complicated reality that drives both sides to belong to a community, he said. “At its best, I understood why they were doing it,” Compte said, referring to the gang members that he knew from his neighborhood.

☆ Earth, Wind & Fire drummer Fred White dies at age 67
▼ + stars: | 2023-01-03 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

Drummer Fred White, who backed up his brothers Maurice and Verdine White in the Grammy-winning ensemble Earth, Wind & Fire, has died. He didn’t say how or where his brother died. Fred White was already an accomplished drummer, playing for Donny Hathaway, before he joined Earth, Wind & Fire in the mid-1970s. Verdine White said his brother Fred was a gifted child musician, “with gold records at the young age of 16 years old!” Fred White remained with the band until 1983. Maurice White died at the age of 74 in 2016.

☆ Lens stay in title race as they hand PSG first league loss of the season
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +1 min

Jan 1 (Reuters) - Lens beat Ligue 1 leaders Paris St Germain 3-1 on Sunday to give the champions their first league loss of the season, narrowing the gap at the top between the two teams. PSG were without Neymar, who was suspended after getting sent off against Strasbourg on Wednesday, and Lionel Messi who is continuing his post-World Cup recovery. The result means Christophe Galtier's side are on 44 points from 17 games, four points ahead of Lens in second. Hugo Ekitike equalised for PSG three minutes later when the striker reached a cross before Lens goalkeeper Brice Samba and tapped the ball in. French forward Alexis Claude-Maurice made it three for Lens two minutes into the second half to seal the win.

☆ Man fatally slashed two strangers in random encounters around New York City, officials say
▼ + stars: | 2022-12-27 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

After a 20-second-long, caught-on-camera dispute, Codrington, 35, slashed Cunningham across the neck with a knife, leaving him to die, Essig said. At 11:30 p.m. on Dec. 22, Codrington entered a Lower East Side bar with a pit bull and a baseball bat, Essig said. Afterward, Essig said, Codrington went home, then said he’d “cool off” with a walk through the park. In May, a 48-year-old man was shot and killed riding a train between Brooklyn and lower Manhattan. Despite random acts, the number of crimes reported on public transit by September was averaging slightly below pre-pandemic levels, though ridership was also down.

☆ The market's most political stock picks had a bad year, but they'll be back in 2023
▼ + stars: | 2022-12-27 | by ( Tim Mullaney | ) www.cnbc.com time to read: +4 min

Analysts who follow the industry say ESG funds' performance has been held back, most clearly, by the fact that many sustainable or ESG funds avoid companies that make fossil fuels. The average large-cap stock ESG fund had lost nearly 20% in 2022 through Dec. 21, according to Morningstar. Morningstar energy strategist Stephen Ellis thinks that's unlikely, since "we see the stocks as fairly valued to expensive," particularly in the oil part of the petroleum business. ETF – which emphasizes gambling and alcohol along with pharmaceuticals, without major holdings in oil and gas – is down 18%. ESG fund flows in Europe have held up much better than in the U.S, which Morningstar's Stankiewicz says is because of more pro-ESG regulations.

☆ Most advertisers likely to return to Twitter, says global ad guru
▼ + stars: | 2022-12-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMost advertisers likely to return to Twitter, says global ad guruMaurice Levy, chairman of the supervisory board of Publicis Group, says that most advertising company's are likely to return to Elon Musk's Twitter if they can be assured of its content moderation policies.

☆ Advertisers will return to Twitter if a few core conditions are met, ad guru says
▼ + stars: | 2022-12-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The Twitter logo is seen on an iPhone mobile device in this illustration photo on 12 October, 2022. Ad guru Maurice Levy said Friday that the majority of advertisers are likely to return to Elon Musk's overhauled Twitter — on the proviso that a few fundamental conditions are met. Describing the platform as being at a crossroads of "complete freedom" — which could result either in chaos or better oversight — Levy told CNBC that most advertisers are currently in "wait and see" mode to determine Musk's ultimate position. "It is an area of complete freedom, which can lead to chaos. Musk acquired Twitter for $44 billion in late October following a drawn out legal battle with the company, and has since sought to radically overhaul the platform, including its content moderation policies.

The Special Technology Centre did not respond to a written request for comment. Russia's Ministry of Defence did not respond to questions from Reuters about the impact of sanctions and its relationship to the Special Technology Centre. Reached by phone, Alexey Terentyev, a top scientist and major shareholder at the Special Technology Centre, said the war has forced it to focus on making drones. Those corporate records show iLogic is based at the same St Petersburg office address as the Special Technology Centre. In a brief telephone interview, Roman Agafonnikov, chief executive officer of the Special Technology Centre, said he didn't know anything about iLogic.

☆ Dorothy Pitman Hughes, pioneering feminist who co-founded Ms. Magazine, dies at 84
▼ + stars: | 2022-12-11 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

Dorothy Pitman Hughes, a pioneering Black feminist, child welfare advocate and activist who co-founded Ms. Magazine with Gloria Steinem, formed a powerful speaking partnership with her and appeared with her in one of the most iconic photos of the feminist movement, has died. Gloria Steinem, left, and Dorothy Pitman Hughes attend the Ms. Foundation for Women Gloria Awards in New York in 2014. Hughes, a pioneering voice in child care, organized the first shelter for battered women in New York City and co-founded the New York City Agency for Child Development. She met Steinem in 1968, according to a biography on the Ms. Magazine website, when Steinem, then a journalist, was writing a story for New York Magazine about Pitman Hughes’ child care center. Hughes was born Dorothy Jean Ridley on Oct. 2, 1938, in Lumpkin, Georgia, her family wrote in an obituary posted by the funeral home.

☆ Descartes & Mauss: New strategy needed for CEOs to navigate unprecedented times
▼ + stars: | 2022-11-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDescartes & Mauss: New strategy needed for CEOs to navigate unprecedented timesMaurice N'Diaye, founder at Descartes & Mauss, discusses the return of Bob Iger to Disney, and the importance of systemic modeling moving into 2023.

☆ China Turns to Back-Channel Diplomacy to Shore Up U.S. Ties
▼ + stars: | 2022-11-21 | by ( Lingling Wei | Charles Hutzler | ) www.wsj.com time to read: 1 min

Insurance executive Maurice ‘Hank’ Greenberg, pictured in 2016, hosted a meeting this month of a group of U.S. and Chinese executives and policy advisers. China is turning to an old friend in corporate America to bolster communications with the U.S., as President Xi Jinping tries to stabilize the bilateral relationship while gearing up for greater competition between the two powers. A few days before Mr. Xi’s summit last week with President Biden, according to people with knowledge of the matter, Beijing dispatched a delegation of senior policy advisers and business executives to New York to meet with a U.S. counterpart group set up by insurance executive Maurice “Hank” Greenberg, one of the most successful American businessmen in China.

Democrat Josh Riley is running against Republican Marc Molinaro in New York's 19th Congressional District. Democrat Josh Riley faces off against Republican Marc Molinaro in New York's 19th Congressional District. 2022 General EmbedsNew York's 19th Congressional District candidatesRiley is an attorney who formerly served as a counsel on the Senate Judiciary Committee. Voting history for New York's 19th Congressional DistrictNew York's 19th Congressional District stretches from Ithaca to the Massachusetts border. His opponent, Molinaro, has raised $2.2 million, spent $1.8 million, and has $455,354 cash on hand, as of October 19.

☆ Australia's Star Entertainment faces second class action suit over compliance
▼ + stars: | 2022-11-06 | by ( ) www.reuters.com time to read: +1 min

Nov 7 (Reuters) - Australian casino operator Star Entertainment Group Ltd (SGR.AX) on Monday said it faces a second class action lawsuit over allegations of failure to comply with disclosure requirements regarding anti-money laundering and counter-terrorism financing rules. The class action, filed by law firm Maurice Blackburn, alleges that between March 29, 2016 and March 16, 2022, Star made misleading representations about its systems and processes for compliance with anti-money laundering and counter-terrorism financing obligations, Star said in a statement. The lawsuit also accuses Star of failing to disclose relevant information to the market and "conducted its affairs contrary to the interests of the members of The Star as a whole", according to the statement. Star said it will defend itself against the class action, adding that the claim was "substantially similar" to the class action filed by another law firm Slater & Gordon (SGH.AX) in March earlier this year. Reporting by Sameer Manekar in Bengaluru; Editing by Daniel Wallis and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

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