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☆ Data privacy rules are sweeping across the globe, and getting stricter
▼ + stars: | 2022-12-22 | by ( Bob Violino | ) www.cnbc.com time to read: +5 min

Businesses, especially those in highly regulated sectors such as financial services, health care and government — and those that operate in multiple countries — are faced with a growing number of data privacy regulations. "Our research counts about 100 countries around the world that have some form of data privacy or security rules in place," Iannopollo said. The most prominent regulation now, the American Data Privacy and Protection Act, has the attention of most of the privacy world but is looking less likely to pass Congress, O'Leary said. "Organizations must identify the data that falls within the scope of the rules," Iannopollo said. Along with the focus on data minimization, organizations should enhance their abilities in data discovery and mapping, O'Leary said.

☆ European shares rise on financials, energy boost amid festive cheer
▼ + stars: | 2022-12-22 | by ( Amruta Khandekar | ) www.reuters.com time to read: +3 min

The region-wide STOXX 600 index (.STOXX) was up 0.4% at a one-week high, taking cues from an upbeat session on Wall Street overnight. "What we're seeing is a recovery in risk appetite after a fairly negative set of central bank meetings for equities," said Adam Hoyes, markets economist at Capital Economics. The STOXX 600 (.STOXX) has fallen about 11% so far in 2022, but it has still outperformed the benchmark U.S. S&P 500 index (.SPX), which has declined 18.6% and is on track for its worst yearly performance since 2008. Euro zone bond yields struggled for direction on Thursday as investors took stock of a surge in borrowing costs in the wake of last week's European Central Bank (ECB) meeting. London's blue-chip FTSE 100 (.FTSE) rose 0.5% despite data showing Britain's economy contracted more than expected in the third quarter.

☆ Wall Street analysts are more confident in Nike's outlook after strong earnings, improving inventory
▼ + stars: | 2022-12-21 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Wall Street analysts think Nike is moving in the right direction after the company reported strong earnings, as well as signs of improving inventory. Meanwhile, Morgan Stanley analyst Alex Straton raised her price target to $138, from $127, following the earnings beat. The new price target implies shares could jump more than 33% from Tuesday's closing price. Bank of America analyst Lorraine Hutchinson reiterated a neutral rating on the stock, but raised her price target to $120, up from $112. "Nike's strong revenue surprised to the upside but the company didn't move through as much inventory as we expected.

Dovly Uplift provides credit monitoring and monthly TransUnion credit reports and credit scores. Visa offers free credit repair for cardholders through Dovly UpliftOn Tuesday, smart credit repair company Dovly announced an agreement with Visa. The agreement will provide Visa cardholders with Uplift, a smart credit repair service created by Dovly for Visa cardholders, free of charge. In broad strokes, credit monitoring describes the process of checking your credit reports consistently to see if there are any errors or inaccuracies on your credit reports. While consumers can currently see their credit reports every week through the end of 2023, when that period ends, the Fair Credit Reporting Act only affords consumers three credit reports each year.

☆ Disney stock has plunged 45% this year, putting it on track for its worst performance in nearly 5 decades
▼ + stars: | 2022-12-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Disney stock is down 45% this year and on track for its worst annual performance since 1974. The shares have been hit by pandemic disruptions, management issues, and the wider market downturn. The painful selloff has erased about $200 billion from Disney's market capitalization since March 2021. Yet investors have balked at the streaming service's rising costs, which fueled a hefty $1.5 billion operating loss in Disney's streaming division last quarter. Disney stock has also been caught up in a wider market downturn.

☆ tWitch’s legacy of kindness makes his loss all the more tragic
▼ + stars: | 2022-12-15 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

They were simply returning a bit of the kindness and love Boss poured into the world. His tragic death has stirred public shock, expressions of grief and confusion about how it was possible given the joy Boss seemed to exude in his work. Boss talked to Yahoo in April 2021 about trying to move their way through those difficult months. In a 2017 conversation on the “Aubrey Marcus Podcast,” Boss talked about dancing and perseverance through challenge. “When you feel good, you dance,” Boss said.

☆ Digital ad firm Viant plans to lay off 13% of its staff
▼ + stars: | 2022-12-13 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Viant, a publicly traded adtech company, disclosed plans to lay off 46 employees, or 13% of its staff. It becomes the latest in a line of adtech companies to reduce their workforces in recent months. Digital ad firm Viant said it plans to lay off 13% of its workforce, or about 46 employees, becoming the latest in a line of adtech companies trimming headcount in the face of an advertising downturn. Advertising-funded technology companies from Meta to Google have suffered a decline in ad sales in recent months and major advertising forecasting firms have revised down their estimates for the industry's growth in 2023. Adtech companies including Integral Ad Science, Taboola, and Meta have announced plans to trim their workforces in recent months amid the softening economy.

☆ Alicia Keys debuts her first ever holiday album
▼ + stars: | 2022-12-12 | by ( Chloe Melas | ) edition.cnn.com time to read: +3 min

CNN —Alicia Keys is giving you the holiday classics with a twist. The 15-time Grammy winner spoke with CNN about recording her first holiday album, “Santa Baby,” and the importance of debuting it on her own record imprint. “The album that I just released for the holidays, being the first release on my own imprint, it feels really exciting. “I’m really, really ecstatic about Alicia Keys Records. “I am my own queen and she is her own queen and I totally uplift her,” Keys said.

☆ UK strikes set to escalate as nurses prepare for ‘unprecedented’ walkout
▼ + stars: | 2022-12-12 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

“It is pretty unprecedented,” Billy Palmer, senior fellow at Nuffield Trust, a health research firm, told CNN. While small pockets of nursing staff have walked out before, the country’s National Health Service has seen “nothing of this scale until now,” he added. ‘Enough is enough’Earlier this year, the RCN rejected an offer by the government to increase nurses’ pay by a minimum of £1,400 ($1,707) a year. Each additional 1% pay rise for nursing staff would cost the government around £700 million ($854 million), he added. Internationally, it is hard to compare UK nurses’ pay, given health care systems differ significantly between countries, but it falls somewhere in the middle of the range of comparable economies, Palmer said.

☆ King Charles visits Wrexham AFC, the soccer club owned by Ryan Reynolds and Rob McElhenney
▼ + stars: | 2022-12-10 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

King Charles and the Queen Consort visited Wrexham AFC on Friday, the soccer club owned by Hollywood actors Ryan Reynolds and Rob McElhenney. Charles and his wife Camila were in Wrexham to celebrate its new city status and spoke to Reynolds and McElhenney about their plans for growing the club that they bought in 2021. Wrexham – the world’s third-oldest football club, currently plays in England’s fifth tier, far removed from the likes of Manchester United and Liverpool. King Charles spoke with manager Phil Parkinson and some of the players. Charles spoke with the first-team players during his visit and wished them luck for their next match away at Eastleigh on Saturday.

☆ 'The Whale' review: Brendan Fraser's standout performance can't keep Darren Aronofsky's film afloat
▼ + stars: | 2022-12-09 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —The love showered on Brendan Fraser out of film festivals inflates expectations for “The Whale” wildly out of proportion, in a movie based on a play that occurs almost entirely within a lone apartment. Weighted down not by its morbidly obese protagonist but rather its stick-thin supporting players, Fraser deserves praise for his buried-under-makeup performance, but that’s not enough to keep the movie afloat. Adapted by Samuel D. Hunter from his play, “The Whale” actually derives its title from the book “Moby Dick,” although the convincing enormity of Charlie’s physique obviously provides another meaning. As poignant and heartbreaking as Charlie’s plight is, “The Whale” can’t transcend the line between theater and film. While it’s easy to root for Fraser to earn accolades, in the annual hunt for award-worthy movies, consider this another one that got away.

Sanders has a 27-5 coaching record at Jackson State, including going 12-0 this year and winning two consecutive Southwestern Athletic Conference titles. Sanders will owe Jackson State around $300,000 in a buyout for the 2020 contract, according to USA Today. This is not a Deion Sanders thing,” Parker told NBC News. “I do think he cared about the well-being of Jackson State football players. I think the buzz around the program will change, especially if they don’t hire a coach that has a similar stature as Deion Sanders.”

☆ Airlines will return to profitability in 2023 after three-year slump, industry body says
▼ + stars: | 2022-12-06 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, an industry body said Tuesday. The International Air Transport Association (IATA) said it expects the industry to post a "small" net profit of $4.7 billion in 2023, with more than 4 billion passengers set to take to the skies. Director General Willie Walsh told CNBC the predictions marked a "step in the right direction" for an industry clobbered by pandemic-induced travel restrictions and resultant staff shortages. "The recovery is going well," Walsh told CNBC's Julianna Tatelbaum. For 2022, IATA also reduced its forecast for industry-wide losses to $6.9 billion from $9.7 billion in June's outlook.

☆ E-commerce tech startup Rokt valued at $2.4 bln in latest funding amid plans for IPO
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

Dec 5 (Reuters) - Tech startup Rokt said on Monday it raised its valuation to $2.4 billion in a secondary funding round led by investment firm Square Peg and asset manager Wellington Management, and is planning for an initial public offering encouraged by the e-commerce boom. Growth in e-commerce since the COVID-19 pandemic has led to a demand for marketing software companies such as Rokt. The company uses artificial intelligence and machine learning to analyze online shoppers and their engagement with products and services. "This has further propelled Rokt's growth and we're pleased to see this expression of support from existing investors as Rokt looks towards an IPO," Buchanan added. New York-based Rokt was valued at $1.95 billion in December last year after it raised capital in a Series E funding round led by Tiger Global that also saw participation from Wellington Management, Whale Rock Capital Management, Pavilion Capital and Square Peg.

☆ Fact Check-Election Day turnout numbers do not account for Arizona early voting
▼ + stars: | 2022-11-30 | by ( Reuters Fact Check | ) www.reuters.com time to read: +4 min

Data showing low Democratic turnout on Election Day does not account for early mail-in and ballot drop-off votes. One of the Uplift charts, titled “Maricopa County E-Day Check Ins,” shows 16.6% Democrat, 30.7% Other, and 52.7% Republican check ins at Election Day in Maricopa County. These included 250,000 (16%) in-person votes on Election Day, 290,000 (19%) early ballot drop-offs on Election Day and 1.02 million (65%) early ballots before Election Day. “The short answer to why this is incorrect is the data is from primary election day 8/2/2022,” Almy said. “Voters in the primary have no relevance to the general election.”Megan Gilbertson, communications director for Maricopa County, said “Maricopa County has not asserted either of the claims stated that article.”VERDICTMissing context.

☆ Creator Caleb Simpson calls himself this generation's 'MTV Cribs.' His main goal? To capture 'different walks of life.'
▼ + stars: | 2022-11-24 | by ( Daysia Tolentino | Daysia Tolentino Is A Culture | Trends Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

But creator Caleb Simpson prefers to show a more realistic look into the lives of “everyday New Yorkers” with his popular video series featuring apartment tours. The creator, who first blew up on TikTok in 2019, had a number of successful videos prior to his apartment tour series, including pizza reviews, photography tutorials and comedic sketches. Other videos introduce viewers to more unfamiliar faces, like Tomo Delaney, who gave Simpson a tour of his soon-to-be former home. But her friend from high school, who is based in Chicago, is — and suggested Simpson tour Werle’s home. "I’m really, really excited about it."

☆ Trust your gut, tout your wins, and don't waste your boss' time: 20 rising-star execs at Netflix, HBO, Hulu, and more offer their top career advice for getting ahead in Hollywood
▼ + stars: | 2022-11-24 | by ( Reed Alexander | Claire Atkinson | Elaine Low | ) www.businessinsider.com time to read: +2 min

In October, Insider profiled 26 rising stars of the entertainment industry. These leaders work across content, strategy, and business development roles at top entertainment companies. Insider asked them to share their best advice for career success. In October, Insider profiled 26 rising stars of the entertainment business — talented strivers from hot companies in Hollywood like HBO, Universal, and Netflix. From obsessing over your passions to following your gut instincts to being the spokesperson for your own achievements, here's what they told us.

☆ Commerzbank chief says he's not preparing for disaster, sees a mild recession
▼ + stars: | 2022-11-18 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

A "mild recession" is on the cards, according to Commerzbank CEO Manfred Knof. Commerzbank CEO Manfred Knof says the bank has prepared for an uplift in nonperforming loans, but the situation is "definitely not a disaster or default issue" as a "mild recession" is likely in the cards. "We have already made provisions but still at the moment we don't see a lot of issues ahead of us," Knof told CNBC's Annette Weisbach at the European Banking Congress in Frankfurt Friday. Nonperforming loans are bank loans likely to be repaid late or not in full and are also known as "bad debt." The chief economist at Berenberg, Holger Schmieding, told CNBC that consumer confidence had "plunged so badly that the recession will likely not be shallow."

☆ ATP Tour announces record prize money increase for 2023
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +2 min

Nov 17 (Reuters) - Men's tennis governing body ATP on Thursday announced a record increase of $37.5 million in prize money to $217.9 million for the 2023 season. The overall prize money pot was for both the ATP and Challenger Tours, with ATP Tour players collectively taking home an additional $18.6 million of on-site prize money from next year, the ATP said in a statement. Earlier this year, the ATP had announced that purses on the Challenger Tour would receive a significant boost. "The record increase also includes a significant uplift on the ATP Challenger Tour, which will see on-site prize money grow by 75%, from $12.1 million to $21.1 million," the ATP said. "These record increases in 2023 are a strong statement for the ATP Tour and highlights our commitment to raising the bar in tennis."

☆ Cisco deserves more love from investors as management lifts its full-year guidance
▼ + stars: | 2022-11-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Management also increased its earnings outlook for the full year, raising its range to $3.51 to $3.58 from $3.49 to $3.56. For the second quarter of fiscal 2023, management expects revenue to grow 4.5% to 6.5% year over year. Companywide results Total product revenue increased 8% year over year to $10.245 billion, beating estimates of $9.88 billion. End-to-end security (cybersecurity) revenue increased 9% year over year to $971 million, missing estimates of $1.014 billion. Total software revenue grew 5% year over year to $3.9 billion, with software subscription revenue up 11%, and 85% of software revenue subscription based.

☆ Read the pitch decks that helped 9 sports and gaming startups raise millions of dollars
▼ + stars: | 2022-11-11 | by ( Colin Salao | ) www.businessinsider.com time to read: +3 min

Here are pitch decks that nine sports startups used to raise millions in Series A and Seed rounds. This has opened the opportunity for startups to build marketplaces or creator tools to help student-athlete creators. Insider talked with a handful of sports startup founders who've pitched their startups to investors about their process. They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped nine sports-focused startups to raise millions of dollars:

☆ Divers find Challenger space shuttle wreckage off Florida coast
▼ + stars: | 2022-11-10 | by ( Dan Whitcomb | ) www.reuters.com time to read: +2 min

[1/2] The NASA logo hangs in the Mission Operations Control Center at Wallops Flight Facility on Wallops Island, Virginia, U.S., October 26, 2022. REUTERS/Evelyn Hockstein/File PhotoNov 10 (Reuters) - Divers from a documentary crew looking for the wreckage of a World War Two aircraft off the coast of Florida found a 20-foot section of the space shuttle Challenger, which exploded and broke apart shortly after its launch in 1986, NASA said on Thursday. The find marks the first time in 25 years that a piece of the Challenger has been located. The Challenger erupted into a ball of flame 73 seconds after lifting off from Kennedy Space Center on Jan. 28, 1986. It remains one of the worst disasters in the history of the U.S. space program.

☆ Here's how five states voted on the legalization of recreational marijuana
▼ + stars: | 2022-11-09 | by ( Stefan Sykes | ) www.cnbc.com time to read: +4 min

Caroline Brehman | Cq-roll Call, Inc. | Getty ImagesVoters in two states approved the legalization of recreational marijuana in Tuesday's elections, joining the growing list of states where the cannabis market is regulated for adult use. Maryland and Missouri join 19 other states and the District of Columbia in legalizing recreational marijuana, while legalization proposals failed to pass in Arkansas, North Dakota and South Dakota. MarylandFollowing the passage of Maryland's Question 4, adults in the state will be allowed to possess up to 1.5 ounces, or two marijuana plants, beginning July 1, 2023. ArkansasVoters in Arkansas failed to pass Issue 4, which would have allowed for the purchase of up to an ounce of marijuana from licensed retailers. Marijuana legalization also failed to pass in the state when it appeared on ballots in 2018, losing by a margin of 41% to 59%.

☆ Here's how to invest to take advantage of the best outlook for long-term investors since 2010, according to JPMorgan Asset Management
▼ + stars: | 2022-11-09 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The forward outlook for investors is the best since 2010, according to JPMorgan Asset Management. This year is on pace to be the worst for stocks since 2008, but the long-term investing outlook is as promising as it's been since 2010, according to JPMorgan Asset Management (JPMAM). Both developments give long-term investors an attractive entry point. That's far lower than the 2.9% growth that the world saw from 2010 to 2020, according to JPMAM's 2021 report. How to invest for the long termInvestors should build long-term portfolios around three asset classes, according to JPMAM: stocks, bonds, and alternative assets.

☆ Shale oil producer Coterra trims reserves estimates, shares sink
▼ + stars: | 2022-11-04 | by ( Liz Hampton | ) www.reuters.com time to read: +2 min

Companies Coterra Energy Inc FollowNov 4 (Reuters) - Shares of shale oil and gas producer Coterra Energy fell as much as 8% on Friday after the company cut its estimate of proven oil reserves, a key measure of future production growth. Coterra, which formed a year ago through the merger of Cimarex Energy and Cabot Oil & Gas, said proved reserves on its books will drop roughly 15% to 20% year-over-year at December 31, 2022. The decline was driven by a roughly 32% to 36% decline to gas reserves in its Marcellus shale properties in the Eastern United States that came with the Cabot acquisition. Rival U.S. shale oil producer EOG Resources said oilfield costs could increase by 10% next year, on top of a 7% increase in 2022, as inflation continues to snarl the energy industry. EOG, which this week announced it had extended operations into Ohio, said it will maintain low single-digit oil production growth next year.

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