DIRS.INFO The most relevant business & tech news

☆ Sick of the grind, he ditched the city to live in a tiny house in the woods. Now, he estimates he gets by on $750 a month.
▼ + stars: | 2024-09-06 | by ( Amanda Goh | ) www.businessinsider.com time to read: +12 min

Anders Boisen. Anders Boisen. AdvertisementDuring the pandemic, he quit his job in order to focus on building his tiny house. Anders Boisen. He had already been building a tiny house on the side, and he decided to focus on the project full-time.

Persons: —, Anders Boisen, he's, Boisen, It's, I'm, isn't, I've Organizations: Service, Business Communication, Business Locations: Denmark, Danish, English, Aarhus, There's, homeownership, Boisen

The Tesla (TSLA.O) CEO told advertisers who have fled his social media platform X over antisemitic content to "Go fuck yourself!" Several business communications analysts said they couldn't remember a similar case of an executive publicly cursing at their customers. Musk, Tesla and X did not respond to requests for comment. Musk apologized for it and then cursed and dismissed the concerns of the advertisers fleeing the platform. Cappelli said Musk wishes to see himself as a rock star, not a business leader who needs to take account of many constituencies.

Persons: Elon Musk, Porte, Gonzalo Fuentes, It's, Andy Challenger, Challenger, Michael O'Leary, Jim Hagedorn, Sam Zell, Musk, Yehuda Baruch, Baruch, Peter Cappelli, Cappelli, Ross Kerber, Lisa Shumaker Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, Ryanair, Boeing, Scotts Miracle, University of Southampton, University of Pennsylvania's Wharton School, Thomson Locations: Paris, France

☆ Top Wall Street analysts say buy these dividend stocks for enhanced returns
▼ + stars: | 2023-11-05 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Ares CapitalThis week we will first look at a high-dividend yield stock Ares Capital (ARCC). ARCC offers a dividend yield of 9.8%. Citi's dividend yield stands at 5%. The company pays a dividend yield of 2.5%. On Oct. 26, Tigress Financial Partners analyst Ivan Feinseth reiterated a buy rating on AT&T stock with a price target of $28.

Persons: Justin Sullivan, Wall, Kenneth Lee, Lee, TipRanks, James Fotheringham, Fotheringham, Peter Saleh, Saleh, Ivan Feinseth, Feinseth Organizations: Citibank, ARCC, RBC Capital, Ares, Citigroup, Citi, BMO Capital, Tigress Financial, Edge, T Locations: California

☆ Premarket stocks: How billion-dollar fines are reshaping digital communications in banking
▼ + stars: | 2023-10-19 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

A version of this story first appeared in CNN Business’ Before the Bell newsletter. HSBC is blocking staff from texting on their work phones, a person familiar with the matter confirmed to CNN. What’s happening: Banks must follow strict compliance rules for how they use and store their employees’ texts and other business communications. “Banks use a wide range of approved channels to communicate in compliance with regulatory obligations,” a company spokesperson told CNN. Tesla reported adjusted earnings of $2.3 billion in the quarter, or 66 cents a share, down 37% from a year earlier and the smallest profits it reported in two years.

Persons: Banks, ”, ” Sanjay Wadhwa, Tesla, Chris Isidore, Refinitiv, Dan Ives, “ Price, Elon Musk, “, ’, Craig Jelinek, Ron Vachris, Jelinek Organizations: CNN Business, Bell, New York CNN, HSBC, CNN, Bloomberg, Securities and Exchange Commission, SEC, Commodity Futures Trading Commission, “ HSBC, Carlyle Group, Blackstone, Bank of America, Citigroup, Wedbush Securities, Costco, Sam’s Club, Walmart Locations: New York, London, Wells Fargo, WhatsApp, United States

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. One said some firms could pay as much as $50 million. The SEC has previously negotiated two other large group settlements as part of its "off-channel" communications probe. In August, regulators fined nine Wall Street firms, including Wells Fargo (WFC.N) and Societe Generale (SOGN.PA), a combined $549 million over employees' use of personal messaging apps. In September 2022, it fined 16 firms, including Goldman Sachs, Morgan Stanley, Citigroup and Bank of America, $1.8 billion for similar lapses.

Persons: Jim Bourg, Spokespeople, Oppenheimer, Voya, Wells, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Chris Prentice, Carolina, Michelle Price, Jacqueline Wong Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, Reuters, Truist Financial Corp, US Bancorp, Voya Financial, LPL, Interactive, Oppenheimer, Fifth Third Bancorp, Fifth, Truist, Wall Street, Societe Generale, Citigroup, Bank of America, JPMorgan, Thomson Locations: Washington

In those cases, the SEC asked companies to review staff messages and report to the agency how many discussed work. SEC staff reviewed only a sample of messages themselves, according to three sources with knowledge of the previous investigations. As with broker-dealers, the SEC initially sought details on investment advisers' record-keeping policies. The SEC later demanded that the investment advisers hand over the messages, the sources said. The agency is ignoring important differences in investment advisers' recordkeeping requirements, said Jennifer Han, the MFA's executive vice president and chief counsel.

Persons: Carlo Allegri, Wall, Carlyle, Gary Gensler, Jaclyn Grodin, Storrs, JPMorgan Chase, Wells, Goldman Sachs, Morgan Stanley, Jennifer Han, Chris Prentice, Michelle Price, Marguerita Choy Organizations: New York Stock, REUTERS, Securities and Exchange Commission, SEC, Reuters, Carlyle Group, Apollo Global Management, KKR, Co, TPG, Blackstone, Citadel, Apollo, Goulston, JPMorgan, Bank of America, Association, Bloomberg, Carolina, Thomson Locations: Manhattan, New York City , New York, U.S

☆ The CEO of a $2.2 billion tech startup—who’s sold companies to Yahoo and Google—shares the common mistake he’s avoided
▼ + stars: | 2023-09-01 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

Craig Walker has sold startups to Yahoo and Google, and his current business, cloud communications company Dialpad, is valued at $2.2 billion. Still, the CEO says he learned his most important business lesson watching a "goofy" 1970s racing comedy, called "The Gumball Rally." But, Walker has been running internet communications companies for more than two decades, and he says he's seen "a lot of entrepreneurs" make the mistake of reacting to their competition: "They'll change their roadmap. When the internet bubble burst, an internet communications company he'd backed was floundering and in need of a steady hand. This time, Walker stayed on at Google for nearly four years, leading the transition of his former business into the Google Voice platform.

Persons: Craig Walker, Walker, Raul Julia's, I'm, he's Organizations: Yahoo, Google, CNBC, Microsoft's, Dialpad Communications, GrandCentral Communications, ICONIQ Capital Locations: Raul Julia's Italian

☆ Microsoft says Russia-linked hackers behind dozens of Teams phishing attacks
▼ + stars: | 2023-08-03 | by ( Zeba Siddiqui | ) www.reuters.com time to read: +3 min

Microsoft Teams app is seen on the smartphone placed on the keyboard in this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/File PhotoSAN FRANCISCO, Aug 2 (Reuters) - A Russian government-linked hacking group took aim at dozens of global organizations with a campaign to steal login credentials by engaging users in Microsoft Teams chats pretending to be from technical support, Microsoft researchers said on Wednesday. These "highly targeted" social engineering attacks have affected "fewer than 40 unique global organizations" since late May, Microsoft researchers said in a blog, adding that the company was investigating. The hackers used already-compromised Microsoft 365 accounts owned by small businesses to make new domains that appeared to be technical support entities and had the word "microsoft" in them, according to details in the Microsoft blog. Accounts tied to these domains then sent phishing messages to bait people via Teams, the researchers said.

Persons: Dado, Washington didn't, Midnight Blizzard, Zeba Siddiqui, Gerry Doyle Organizations: Microsoft, REUTERS, FRANCISCO, Midnight, Thomson Locations: Russian, Washington, Russia, U.S, Europe, San Francisco

☆ BNP Paribas facing potential fine as it resolves U.S. messaging probe
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

PARIS, July 27 (Reuters) - BNP Paribas (BNPP.PA) is set to resolve a U.S. probe into employees' use of unapproved messaging platforms, its mid-year earnings report showed on Thursday, which could see the French bank face a fine. The Commodity Futures Trading Commission (CFTC) later also examined the issue, bank disclosures showed. BNP set aside 125 million euros ($139 million) for an unspecified litigation in its earning report. "The proposed resolutions are subject to finalisation by the CFTC and SEC," BNP, the euro zone's biggest bank, added. French rival Societe Generale (SOGN.PA) said earlier this year that it, too, had been drawn into the probe.

Persons: Mathieu Rosemain, Jason Neely Organizations: BNP, Securities, Exchange Commission, SEC, Futures Trading Commission, CFTC, Societe Generale, Britain's HSBC, Thomson Locations: U.S, French

☆ Goldman names three stocks to buy in the information services sector because of generative A.I.
▼ + stars: | 2023-06-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Goldman Sachs recommended buying three information services stocks that should be helped by artificial intelligence. Analyst George Tong scored how business and information services companies can deploy generative AI and analyzed the revenue impacts from the technology on these businesses. "We believe generative AI will have a profound and varied impact on the Business & Information Services sector over the medium-to-longer term," he said in a note Wednesday to clients. S & P Global has outperformed the broader market this year with a 17.8% gain. At the same time, Tong said, demand for AI-related research should only grow, which should provide a boost to the company's technology research arm.

Persons: Goldman Sachs, George Tong, Gartner, Tong, it's, Robert Half, — CNBC's Michael Bloom Organizations: P Global, Business & Information Services, P, Global, Wall, Gartner Locations: Real

☆ A Google exec's jab at Apple about texting issues between iPhones and Android drew cheers and applause at a conference
▼ + stars: | 2023-05-10 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

A Google exec took a thinly veiled jab at Apple at the company's Google IO conference. The exec said the company hopes every mobile operating system adopts a messaging standard called RCS. Google has campaigned for Apple to adopt RCS to make texting between iOS and Android a better experience. The moment was Google's latest attempt to pressure Apple to adopt something called the the RCS messaging standard, or Rich Communications Services. Samat said that over 800 million people currently use the RCS standard, with expectations that number will balloon to 1 billion by the end of the year.

☆ 34-year-old ditched the U.S. for Europe and now spends just $1906/month—raising 3 kids: 'I'm saving more money than ever'
▼ + stars: | 2023-04-26 | by ( Dr. Alison Opalko-Berry | ) www.cnbc.com time to read: +4 min

I'm an adjunct professor, content creator, and happy mother of three kids — a 13-year-old, 2-year-old and 18-month-old. Some semesters were so packed that I had to drop my son off at daycare at 5:30 a.m. Even with three kids and higher housing costs, I'm saving more money than ever. Any money that we have left goes into saving up for our first house. The benefits of raising kids in Germany

☆ Here's the 15-page pitch deck a startup helping Wall Street monitor employees' use of messengers like WhatsApp and Signal used to raise $22 million
▼ + stars: | 2023-03-31 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

LeapXpert used this 15-page pitch deck to raise a $22 million Series A+ round. This startup is helping companies ensure the messaging channels employees use to communicate professionally are safe and in compliance with regulation. On Wednesday, the startup announced a $22 million Series A+ round led by Rockefeller Asset Management's Technology Ventures Group. He wants to grow the startup's global reach, add more supported messaging channels, and increase its team. Read the 15-page pitch deck LeapXpert used to raise a $22 million Series A+ round.

☆ How to spot a liar in seconds using nonverbal cues
▼ + stars: | 2023-03-24 | by ( Don Weber | ) www.businessinsider.com time to read: +6 min

Learning to read nonverbal communication can help you catch a liar and give you an edge in business. What is nonverbal communication? Most likely, you're subconsciously aware of changes in the person's nonverbal communication. Conversely, when your nonverbal communication isn't congruent with your words, people tend to disregard spoken words and focus on body language. There are a few nonverbal signs that when in a cluster, could mean that the truth is not being upheld.

☆ iPhone users will soon be able to send iMessages through their PCs
▼ + stars: | 2023-02-28 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Phone Link for iOS will let iPhone users send and receive iMessages on their Windows devices. Despite not being able to share photos on Phone Link, iCloud Photos is already integrated into the Windows 11 Photos app. Messages sent from Phone Link appear as iMessages on iPhones, Yusuf Mehdi, Microsoft's head of consumer marketing, told The Verge. "It's something we've been wanting to do for a long time," Mehdi told The Verge about bringing iOS users to Phone Link. However, Apple hasn't budged towards switching to RCS, and CEO Tim Cook has previously said he doesn't hear many Apple users request a change to texting between iPhones and Androids.

☆ Some Twitter employees stopped working after the company's Slack went down, report says
▼ + stars: | 2023-02-24 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Twitter's company Slack went down on Wednesday and Thursday, Platformer reported. A Slack employee told Platformer, however, that there was no such thing as routine maintenance. On Wednesday, the company's private channel-based messaging platform was shut off for what employees were told was routine maintenance, Platformer reported. Citing a person familiar with the situation, Platformer reported that Twitter's Slack was not under maintenance but manually shut down by someone at Twitter. A Slack employee told Platformer there is "no such thing as routine maintenance.

☆ Amazon, Wells Fargo, Microsoft, Nvidia are in the headlines. Here's our take on the news
▼ + stars: | 2023-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Club holdings Amazon (AMZN), Wells Fargo (WFC) as well as Nvidia (NVDA) and Microsoft (MSFT) are in the news Wednesday. In buying tech-focused One Medical, Amazon has said the companies together can make visiting the doctor an easier and more convenient experience. The news: A pair of banking regulators are investigating record-keeping failures at Wells Fargo, according to the company's annual filing. Specifically, Wells Fargo said the probes from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are focused on "business communications sent over unapproved electronic messaging channels." The Club's take: This is new disclosure from Wells Fargo is not cause for concern.

☆ Google's massive New Year billboard ad told Apple to fix 'pixelated' photos and videos in texts between iPhones and Androids
▼ + stars: | 2023-01-16 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A Google ad told Apple it doesn't have to "drop the ball" on fixing "pixelated photos and videos." The ad is part of Google's #GetTheMessage campaign urging Apple to adopt the RCS standard. In the New Year's-themed ad, Google shared lines of RCS code to help Apple "get the ball rolling." In December, Google continued its campaign against Apple with a "happy birthday" post for SMS which turned 30 in 2022. Apple CEO Tim Cook has said he doesn't hear many requests from Apple users to fix texting between iPhones and Android phones.

☆ 411 is going out of service for millions of Americans
▼ + stars: | 2023-01-07 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +11 min

Starting in January, AT&T customers with digital landlines won’t be able to dial 411 or 0 to reach an operator or get directory assistance. The human telephone operator, a job that came to be dominated by White women during the nineteenth and early twentieth centuries. In 2021, there were fewer than 4,000 telephone operators, down from a peak of around 420,000 in the 1970s, according to Bureau of Labor Statistics data. “0” became universal for operator assistance and “411” was the number for directory assistance. By 2004, at the dawn of the smartphone age, 56,000 people were employed as telephone operators.

☆ Massive Google billboard ad tells Apple to fix 'pixelated' photos and videos in texts between iPhones and Androids
▼ + stars: | 2023-01-05 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

☆ Zelenskyy's TIME Person of the Year Award is proof that resilience is the most important trait any leader can have
▼ + stars: | 2022-12-07 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +12 min

He embodies valor and resilience, traits business leaders should exhibit in tough times. The Ukrainian leader's speaking style is characterized by short sentences, vivid imagery, and empathy, all of which make him effective. A 2021 research paper published in the Academy of Management Journal found business leaders who led by example boosted productivity in their businesses. Some of the most convincing business leaders of our time have leaned into emotion when making key arguments. "President Zelenskyy remains focused on his core assignment.

☆ A startup building software to encrypt messaging tools such as Slack just raised $11 million from Molten Ventures. Check out the 17-slide pitch deck Worldr used to secure the round.
▼ + stars: | 2022-11-07 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

A startup building encryption software to secure business communications on Slack and Teams just raised $11 million. London-based startup Worldr has built an additional layer of "zero-trust" infrastructure offering security, privacy, and compliance for business communication apps. As the company scaled into new markets, it became a highly regulated business, Buchan told Insider. This means that despite using Slack or Teams for business communications, those companies can't access the customer's data. The company has built integrations for Microsoft Teams, Slack, and WhatsApp, and has Microsoft Outlook in the works.

☆ Google is giving Apple a dose of its own medicine. iPhones owners will now get annoying messages that an Android user 'reacted' to their text.
▼ + stars: | 2022-10-20 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

iPhones exchange messages using iMessage, Apple's proprietary messaging system, but revert to SMS when texting an Android. Text messages sent with RCS would work like iMessages between iPhone users, according to The Verge. For example, like in iMessage, Google Messages users will be able to watch YouTube videos in the app, and can make a calendar event if a date or time is sent in a message. Recently, Apple CEO Tim Cook said he doesn't get a lot of feedback from iPhone users that Apple needs to fix messaging between iPhones and Androids. In legal documents from a 2021 lawsuit between Epic Games and Apple, an Apple executive said "Moving iMessage to Android will hurt us more than help us."

☆ SEC scrutiny into Wall Street communications shifts to investment funds - sources
▼ + stars: | 2022-10-11 | by ( Chris Prentice | ) www.reuters.com time to read: +4 min

WASHINGTON, Oct 11 (Reuters) - The U.S. Securities and Exchange Commission's scrutiny of how Wall Street handles work-related communications on personal devices and apps such as WhatsApp has expanded beyond broker-dealers to investment funds and advisers, according to four people familiar with the inquiry. A spokesperson for the SEC declined to comment, saying: "We don’t comment on the existence or nonexistence of a possible investigation." The SEC periodically conducts such sweeps to quickly gather information on issues it suspects may be widespread. The institutions did not preserve most of those personal chats, violating federal rules which require broker-dealers and other financial institutions to preserve business communications. Like broker-dealers, investment companies and registered investment advisers are required by the SEC to maintain records of business communications.

☆ Wall Street sends regulators a poop emoji
▼ + stars: | 2022-09-28 | by ( John Foley | ) www.reuters.com time to read: +4 min

For Wall Street brokerages, one answer is simply to flout it. At many of the firms, even managers whose job it was to enforce those rules were copiously breaking them. The regulators at least didn’t say they’d uncovered anything illegal, though disappearing-message apps and encryption make evidence easy to hide. But it’s still troubling to find widespread, frequent examples of bank employees, many with “global firm-wide leadership” roles, routinely doing something their companies forbid. The SEC fined the firms $1.1 billion, while the CFTC fined the same companies around $710 million.

Search resuls for: "Business Communication"

25 mentions found