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☆ Why parents may want to start locking a child's credit at a very young age
▼ + stars: | 2024-08-23 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +7 min

While locking their credit won't solve all cybersecurity issues related to stolen Social Security numbers, it's one extra layer of protection parents can implement. Parents can take these steps proactively even if there's nothing to suggest a minor's credit has been compromised such as unexpected credit card solicitations or bills received in the minor's name. It can take some time and effort to lock a child's credit, but the outlay is minimal compared with what can be a lengthy and emotional credit restoration process. Locking a child's credit won't protect against all of these, but it's a solid step in the right direction, financial professionals said. To check to see if their child has a credit report, parents can mail a letter with their request to each of the credit bureaus.

Persons: —, Kim Cole, Loretta Roney, It's, Cole, Bruce McClary, McClary Organizations: Social, Social Security, Navicore Solutions, InCharge, Federal Trade Commission, Administration, Foundation, Credit Counseling

☆ I'm a sales associate at Coach. Here's how I spot fake bags — it's easier than you'd think.
▼ + stars: | 2024-02-29 | by ( Isabella Merchan | ) www.businessinsider.com time to read: +1 min

I work at Coach, and spotting fake bags is pretty easy. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementI've been a fan of Coach for a while, and I now work as a sales associate for the brand. I wasn't fully taught how to spot fake bags during my training process, but I've found many employees learn as they go. Throughout my time with Coach, I've encountered a few fakes, and spotting them is easier than you might think.

Persons: —, I've Organizations: Service, Business

☆ 13 signs your Hermès bag is a fake, from a luxury reseller who's trained to spot counterfeits
▼ + stars: | 2024-02-28 | by ( Robin Madell | ) www.businessinsider.com time to read: +9 min

Alexis Clarbour has been buying and selling Hermès bags for a decade and knows how to spot a fake. I took an operations role at an e-commerce marketplace called Portero, where my passion for luxury handbags, specifically Hermès bags, began. Under a loupe, the engraving may look chiseled and not as smooth as a genuine Hermès bag. Serial codeEvery Hermès bag has a serial code inside the bag. There are no deals — if someone offers a new Hermès bag below market in the secondary market, I'd recommend staying away.

Persons: Alexis Clarbour, authenticating, It's, Chanel, reselling, Hermès, —, we've, Kelly, Birkin, they've, it's, sloppily, there's, Le Duc, Price, I'd Organizations: Madison Avenue Couture, Nasdaq, MAC, Madison Avenue, Madison Locations: New York City, Hermès

☆ A woman found her dream Prada shoes at Goodwill. She realized they were counterfeits after buying them for $300.
▼ + stars: | 2024-02-21 | by ( Amanda Krause | ) www.businessinsider.com time to read: +4 min

A TikToker thought she found her dream pair of Prada loafers at a Goodwill boutique for $300. TikToker Maiya Mindoro learned that the hard way after purchasing her dream pair of $1,200 Prada shoes at a Goodwill boutique for $300, only to realize later they were counterfeits. AdvertisementShe said she accepted her mistake after comparing the shoes to other Prada items she'd purchased directly from the brand. Specifically, she noticed clear differences in the logo nameplates, which are flat on authentic Prada items but often textured on counterfeit pieces. And because brick-and-mortar Goodwill stores are all operated independently, as Bell pointed out, each has its own process for authenticating goods.

Persons: Prada, —, Goodwill Colorado, she'd, It's, Stephanie Bell, Ralph Lauren, Bell Organizations: Service, Goodwill, Goodwill Colorado Locations: Denver, Mindoro, Goodwill Colorado

The student loan payment match program can benefit employees actively paying down student loan debt. The new student loan match program certainly can put employees in a better situation to start paying down student loan debt. How to get a 401(k) match for your student loan paymentInvesting platforms and third-party administrators have already begun adding student loan matches to existing employer-sponsored retirement plans. For example, Betterment launched a student loan 401(k) match benefit to its automated 401(k) plan, Betterment at Work. Secure 2.0 student loan match program — Frequently asked questions (FAQs)What is the Secure 2.0 Act student loan match?

Persons: —, Teresa Greenip, you'll, Greenip, Sarah Levy Organizations: Employers, Service, Federal, Education Data Initiative, IRS, Fidelity, Secure, Chevron Locations: Aspiriant, Chevron

☆ They are tasked with viewing ‘the worst imaginable images’ of the Israel-Hamas war. Its taking a heavy toll
▼ + stars: | 2023-10-19 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

The task is taking a particular toll on journalists whose specific roles are tasked with surfacing video and images from the war and subsequent humanitarian disaster and authenticating the imagery for use in reporting. However, viewing this graphic footage does have an impact on our team,” James Law, the editor-in-chief of Storyful, told me Wednesday. Storyful is a news organization that sifts through the vast ocean of content posted on social media. “As a result, it is our duty to look closely at the most confronting content posted online,” Law said. Newsrooms have recognized the mental toll that the work is taking on their journalists, with many offering support resources to their staffs.

Persons: ” James Law, Storyful, ” Law, Law, “, Newsrooms Organizations: CNN, ” Locations: Israel, ISRAEL

The killing of an enemy admiral in a missile strike would be a coup for any military, but the celebration in Ukraine over the death of Russia’s Black Sea fleet commander may turn out to be short-lived. A day after announcing that the admiral was among 34 officers killed in a strike deep behind enemy lines, Ukrainian officials acknowledged on Tuesday that there might be some uncertainty. The Ukrainian military’s statement that it was now “clarifying” whether the admiral, Viktor Sokolov, had in fact been killed in an audacious strike last week in Russian-held Crimea came after Moscow released a video on Tuesday purporting to show the admiral attending a meeting earlier in the day. Given Moscow’s long history of refusing to acknowledge military setbacks, and the challenges of authenticating its video, it remained uncertain on Tuesday whether Admiral Sokolov was among those killed in the Ukrainian attack on the headquarters of Moscow’s fleet in Sevastopol.

Persons: Viktor Sokolov, Admiral Sokolov Locations: Ukraine, Russian, Crimea, Moscow, Sevastopol

☆ ‘The Moat That We Have to Protect’: The RealReal’s C.E.O. on Reviving the Brand
▼ + stars: | 2023-08-26 | by ( Jordyn Holman | More About Jordyn Holman | ) www.nytimes.com time to read: +1 min

Now, it’s really, “You used to take this designer, you won’t anymore. Why won’t you?” In a perfect world, we’d say, “OK, we will take everything.” But there’s an economic reality, right? Certain brands of jeans we used to be able to sell for over $100. So instead of upsetting you by us taking them and selling them for way less than you want, we’re just telling you now we don’t take them. Before your time at the company, there was reporting about the RealReal selling inauthentic items on its platform.

Persons: we’re

☆ Did Elon Musk buy Twitter? Inside the unexpected acquisition of the social media platform
▼ + stars: | 2023-07-22 | by ( Grace Kay | Kali Hays | ) www.businessinsider.com time to read: +2 min

Elon Musk officially reached a deal to buy social media platform Twitter. The billionaire took the company private by paying $54.20 per share, paying about $44 billion in total. In October 2022, billionaire Elon Musk completed a deal to acquire social media platform Twitter for $44 billion after a wild six months. But on April 25, Twitter said it would agree to be acquired by Musk for $44 billion. As a result of the new deal, Twitter's lawsuit against Musk over the $44 billion purchase came to an end.

Persons: Elon Musk, Musk, Twitter, he'd, Parag Agrawal, Ned Segal Organizations: Morning, Twitter

☆ Twitter Begins Removing Legacy Blue Check Marks
▼ + stars: | 2023-04-21 | by ( Alexa Corse | ) www.wsj.com time to read: 1 min

Twitter is over $13 billion in debt. But CEO Elon Musk said the company has a shot at becoming cash-flow positive within a few months. Illustration: Preston JesseeLegacy verified Twitter users began losing their blue check marks Thursday, as the social-media platform moved to end its previous system for authenticating users in favor of paid subscriptions. Celebrities who suggested they wouldn’t subscribe when legacy verification went away include Chrissy Teigen , Mark Hamill , Dionne Warwick , and “Seinfeld” actor Jason Alexander . All four appeared to have lost their blue checks as of Thursday.

☆ Here are 9 Twitter promises that Elon Musk has failed to deliver on as ‘chief Twit’
▼ + stars: | 2023-03-29 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —Elon Musk’s record on delivering on the deluge of pledges he has made as “chief Twit” is less than ideal. Since then, Musk has made a number of wild changes and promises pertaining to Twitter. ► Maximal free speech: Musk repeatedly talked about Twitter being a home for free speech. When I reached out to Musk on Wednesday morning with questions about his failed promises, he didn’t respond. But I did receive an auto-reply poop emoji from the press@twitter.com email address, a feature Musk recently said he would implement.

☆ Meta's and Twitter's subscription plans show they care more about money than free speech
▼ + stars: | 2023-02-20 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

On Sunday, Mark Zuckerberg – still stinging from his botched metaverse launch – unveiled Meta Verified, a new subscription service costing $12 on web and $15 on iOS and Android. The timing of the launches of Meta's and Twitter's subscription services seems to be no coincidence, then: They're introducing paid-for services at a time when they're being squeezed of digital ad revenue. Meta says its new subscription service is primarily for content creators, but this feels disingenuous because everyone on its service is, in effect, a "content creator." Charging for it illustrates a clear misunderstanding Zuckerberg has of Facebook and its users: Facebook is responsible for vetting who gets access to its platform, not users themselves. Just 0.2% of Twitter users in the US had signed up for Twitter Blue, Musk's subscription service, by the end of January.

☆ Elon Musk, with his bombastic tweets, is filling the void vacated by Trump on Twitter
▼ + stars: | 2022-10-31 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

Then, when media outlets reported on his irresponsible behavior, Musk assailed them. Like Trump, Musk has eschewed the traditional, more formal style of corporate governance used by his predecessors. Instead of communicating through conventional means, Musk has chosen to make significant news through seemingly off-the-cuff tweets — just like Trump. The worry about Musk’s behavior, however, is not about how he announces changes to the platform. The right has for years lashed out at “blue checks,” whom in their eyes represent elitist gatekeepers who control the conversation, even though many conservatives also don blue badges.

☆ Jamie Dimon says Musk should 'clean up Twitter,' echoes Tesla CEO's bot concerns
▼ + stars: | 2022-10-11 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Brian Snyder | ReutersJamie Dimon appears to be a fan of Elon Musk's $44 billion Twitter takeover. "I hope Musk cleans up Twitter," the JPMorgan CEO told CNBC's Julianna Tatelbaum, adding he thinks Musk should look into eliminating anonymous accounts from the site. Musk has made no secret of his concerns with fake accounts on Twitter. In November 2021, JPMorgan sued Tesla for $162.2 million for allegedly breaching a 2014 contract relating to stock warrants that Tesla sold to the bank. watch nowThe suit was the subject of a report by the Wall Street Journal that said Musk and Dimon have never gotten along.

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