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☆ DoorDash is changing how it pays its 13 million gig drivers – and will let customers boost tips after delivery
▼ + stars: | 2023-06-28 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

New features include giving customers the ability to edit tips after the delivery is complete. The company is also giving its gig workers the choice to earn their pay per hour, instead of by delivery order. Customers can add or increase a tip for drivers on the app up to 30 days after delivery. At DoorDash, consumers won't be able to reduce tips after delivery, the company said. DoorDash is also launching SNAP benefits for online payments for grocery delivery with brands such as Safeway, Albertsons, Meijer, Aldi, and 7-Eleven.

Persons: —, Rajat Shroff, DoorDash's, Shroff, Austin Haugen, Uber, Sergio Avedian, DoorDash, Cody Aughney, Aughney Organizations: Service, Consumers, Logistics, Dasher & Logistics, Safeway, Albertsons Locations: DoorDash, Los Angeles, Canada, Australia, Meijer, Aldi

☆ Domino's can find you wherever you are with new Google pin drop tech
▼ + stars: | 2023-06-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

Domino's is using Google Maps tech to launch Pinpoint Delivery. Domino's has seen a slowdown in its delivery business due to inflationary pressures on customers. The pizza chain, which bills itself as a tech chain that happens to sell pizza, is leveraging Google Maps technology to deliver pizzas to locations without addresses, such as parks, beaches, and baseball fields. Domino's is leveraging Google Maps tech for Pinpoint Delivery. There's no extra cost for Pinpoint Delivery, which comes as inflationary pressures have hurt Domino's delivery business.

Persons: Domino's, —, Christopher Thomas, Moore, Carl Orsbourn, Sandeep Reddy, Reddy Organizations: Google, Service, Oppenheimer, Commerce, NPD

☆ Fewer people trust traditional media, more turn to TikTok for news, report says
▼ + stars: | 2023-06-13 | by ( Helen Coster | ) www.reuters.com time to read: +2 min

TikTok is the fastest growing social network in the report, used by 20% of 18- to 24-year-olds for news, up five percentage points from last year. Trust in the news has fallen by 2 percentage points in the last year, reversing gains made in many countries at the peak of the coronavirus pandemic. On average, 40% of people say they trust most news most of the time. Across markets, 56% of people say they worry about identifying the difference between real and fake news on the internet – up 2 percentage points from last year. Reporting by Helen Coster; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Persons: Rasmus Nielsen, Helen Coster, David Gregorio Our Organizations: YORK, Reuters Institute for, Journalism, Reuters, U.S, Trust, United, Thomson Reuters Foundation, Thomson Reuters, Thomson Locations: United States

☆ 5 tips for charging your electric car at home, according to a top EV executive at GM
▼ + stars: | 2023-05-10 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

It's important to put a lot of research into your charger purchase when you shop for an EV. Right now, about 80% of all EV charging is done at home when your car is stationary for the longest time, Sequeria said. GM has addressed this by integrating the charging purchase into the vehicle purchase at the dealership, he said. (More on EV charging types and levels here). Learn more about how your local utility charges for electricityNot all states are the same when it comes to charging for charging.

☆ Monitoring Financial Institution Compliance
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +41 min

Compliance MonitorshipsA compliance monitor (also called an independent examiner or independent compliance consultant) is an impartial party appointed by the government to detect the root causes of the institution’s compliance failures. The purpose of a compliance monitor is not to address a particular compliance failure or punish the institution. Responded to compliance issues, in a timely manner and in a way that demonstrates that the institution takes compliance issues seriously. Compliance Department EmployeesThe monitor must evaluate the adequacy of compliance department employees, including the number of compliance employees, their experience, and their expertise. Assess the Compliance SystemsThe monitor typically engages compliance technology experts, who have specific knowledge of coding and compliance technology software, to test and evaluate the institution’s compliance systems.

☆ I've made $10 million in sales for my Amazon coffee grinder brand. Here's how I got started and found success.
▼ + stars: | 2023-04-27 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

But my e-commerce success really started after I launched my coffee accessories brand, Kaffe, on Amazon in mid-2019. I spent day and night thinking about the best way to position the coffee grinder so it would get to the top of Amazon's rankings. My sales started to grow. Amazon has its own coffee grinder that it sells under its Amazon Basics private label, and it retails for a couple of dollars less than Kaffe's does. On Amazon, you're either growing, or you're really dying, and the fees will eat you alive if you're not doing any volume.

☆ Everyone was wrong about how the pandemic would change shopping — here's how experts are betting on e-commerce now
▼ + stars: | 2023-04-19 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

The idea that e-commerce will keep growing forever, and betting on it will lead to an almost inevitable rising tide, didn't survive the pandemic. Public flame-outs of entire categories of startups, like ultra-fast deliveries and Amazon seller aggregators, have further demonstrated the boom-and-bust nature of pandemic e-commerce investing. Apple's recent moves to give consumers more online privacy has had ripples through the e-commerce ecosystem, leading investors to take a beat. E-commerce logistics — fulfillment and last-mile delivery — said Sloane is fairly well-saturated at this point, he said. For many retailers, the pandemic offered a harsh lesson in how integrated their stores and their websites weren't, she said.

☆ Top Wall Street analysts say buy these stocks amid the latest macroeconomic uncertainty
▼ + stars: | 2023-04-16 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Domino'sWall Street analysts are focusing on companies that are well-positioned to navigate the ongoing economic turmoil and emerge stronger. Here are five stocks chosen by Wall Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Moskowitz holds the 237th position among more than 8,300 analysts followed by TipRanks. Costco recently reported 0.5% growth in its March sales to $21.71 billion, with its comparable sales declining 1.1% year-over-year. Saleh reiterated a buy rating on Domino's with a price target of $400.

☆ Why the surge in summer travel airfare, hotel prices is not likely to slow down
▼ + stars: | 2023-04-15 | by ( Ian Thomas | ) www.cnbc.com time to read: +2 min

Travel is showing no signs of cooling off this summer, as both demand and prices are expected to stay high. "There's still a lot of pent of demand going back to the pandemic," Booking Holdings CEO Glenn Fogel said on "Squawk on the Street" last week. He also pointed to the TSA checkpoint travel numbers, which are now within a few percentage points compared to the number of travelers seen in 2019. That demand has kept prices high, Fogel said, noting recent trips he's taken. "[Consumers] have gone three years without having the experiences they want, including last summer," Delta Airlines CEO Ed Bastian said on "Squawk Box" earlier this week.

☆ India's Paytm wins regulator extension for payment aggregator licence application
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +1 min

March 26 (Reuters) - Indian financial technology company Paytm Payments Services Ltd has received an extension from the country's banking regulator to apply for a payment aggregator licence and aims to reapply in about 15 days, the company said on Sunday. Paytm Payments Services, in the meantime, can continue with the online payment aggregation business for its existing partners, without taking on any new merchants, the company said in a notification to stock exchanges on Sunday. Paytm Payments Services Ltd is a wholly owned subsidiary of One 97 Communications (PAYT.NS). Payment aggregators, platforms that bring together various online payment options, must be licensed by India's central bank and banking regulator, Reserve Bank of India. In November, India's banking regulator had declined a payment aggregator licence for the One 97 Communications unit that owns the popular Paytm brand.

☆ Keith Rabois says Shopify brands have 'a lot of room' to grow, and his startup, OpenStore, just launched a new product to help with that
▼ + stars: | 2023-03-22 | by ( Madeline Stone | ) www.businessinsider.com time to read: +4 min

Keith Rabois' startup, OpenStore, is launching a new service for Shopify merchants. Keith Rabois founded OpenStore in 2021 with the idea of scooping up Shopify stores and using economies of scale to supercharge their sales. OpenStore has acquired more than 40 Shopify stores so far, says Rabois, a venture capitalist who placed early bets on DoorDash, Affirm, Stripe, and Faire. That makes OpenStore the largest owner and operator of Shopify brands in the world, he told Insider in a recent interview. However, there's "a lot of room" to grow Shopify brands, he added.

☆ Former Domino's CEO bought nearly $4,000 worth of pizza in a year
▼ + stars: | 2023-03-14 | by ( Grace Mayer | Nancy Luna | ) www.businessinsider.com time to read: +3 min

Former Domino's CEO Ritch Allison bought $3,919 worth of pizza in 2021, the Financial Times found. The former CEO was compensated for a nearly $4,000 personal pizza expense, the Financial Times reported, citing Domino's proxy filing from last year. As FT points out, the previous proxy shows Allison's nearly $4,000 in pizza in 2021 was relatively tame. During his tenure as CEO, Allison pushed innovation and a culture of risk-taking at the tech-forward company. Curious what $3, 919 gets you in Domino's pizza pies?

☆ Big media is gearing up for battle with Google and Microsoft over AI chatbots using their articles for training: 'We are actively considering our options'
▼ + stars: | 2023-03-03 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Publishers want Google and Microsoft to pay them for the use of media content to train their AI. Media companies are also studying how to change their business models to protect themselves from the bots' threat. Within media companies, the topic is being discussed at the highest levels, from the C-suite to the boardroom. Executives are also strategizing with peers and competitors about the possibility of forging a united position against the tech companies, according to multiple publishing sources. The same year, an Australia law forced tech companies to pay news outlets for linking to their articles.

☆ How Putin's Russian goon squad used Mexican gig workers to troll an American election
▼ + stars: | 2023-02-18 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +25 min

Posting to social media sounded like an easy work-from-home gig, so he applied. This post from the Prigozhin-backed Social CMS network in Mexico referred to America as "we." He verified his account by providing chat transcripts, screenshots, contracts, and internal company documents. But just because Social CMS didn't yield an immediate, large-scale impact doesn't mean it should be ignored. "I didn't know who are you," wrote the person who is listed in the corporate directory as Prigozhin's media liaison.

☆ Indonesia drafts law enabling media to receive payments from digital platforms for content
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

JAKARTA, Feb 9 (Reuters) - Indonesia is drafting a regulation allowing media outlets to receive payments from digital platforms or aggregators that carry their content, its Press Council said on Thursday. Digital platforms in Indonesia include Facebook, Alphabet Inc's <GOOGL.O) Google, and some local aggregators. Arif said these platforms benefit from carrying content generated by media companies while "most media receive small profits". Under the new law, the Press Council will determine price structures and payments schemes, while also acting as mediator in the event of a dispute. "Around 60% of advertisement spending were taken by digital media, especially foreign platforms.

One of the really interesting questions here – this will be fascinating – the core of linear TV is sports rights. When you look at the size and scope of the linear TV business, it's huge. Patrick T. Fallon | Afp | Getty ImagesByron Allen, Entertainment Studios founder and CEO: I think linear TV will exist for a very, very long time. Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. We are witnessing early stages of this dynamic with deals like "NFL Sunday Ticket" on YouTube and the MLS deal with Apple TV.

☆ Advertised salary ranges are not set in stone. That’s why you still have to negotiate
▼ + stars: | 2023-01-28 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

“I’ve seen people deterred from negotiating because they think [the advertised pay range] is set in stone. What you need to know about published rangesHere are three reasons why a published salary range is hardly the whole story:1. The published range may be very wide: It’s not hard to find advertised salary ranges so wide you could drive a truck through them. The published range for an open role usually just reflects your base pay, not bonuses, equity and annual increases. That way you’ll be able to gauge whether the employer’s published range is within reason for the role you’re seeking.

☆ Amazon aggregator Razor has raised a fresh $70 million and acquired Latin American peer Valoreo, sources say
▼ + stars: | 2022-12-22 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +2 min

Amazon aggregator Razor Group has raised around $70 million in a new equity funding round. LVMH-backed private equity firm L Catterton led the deal, Insider understands. Razor has also acquired a Mexico City-based aggregator in a separate transaction, one source said. Amazon aggregator Razor has raised approximately $70 million in a round led by US private equity firm L Catterton, according to two sources familiar with the deal. L Catterton has placed bets on a range of other e-commerce aggregators, including Berlin-based SellerX, Nebula in Asia, and US-headquartered Dragonfly.

Twitter will no longer allow users to promote their accounts on at least seven other major social media sites, including Facebook, Instagram and Truth Social, the platform announced Sunday. "We recognize that many of our users are active on other social media platforms. However, we will no longer allow free promotion of certain social media platforms on Twitter," Twitter Support tweeted Sunday. Twitter’s rule change left out some major social media platforms, most notably TikTok. Other social media companies have few, if any, rules about users’ posting links to their accounts on other platforms.

[1/2] Chinese Yuan and U.S. dollar banknotes are seen behind illuminated stock graph in this illustration taken February 10, 2020. His contract manufacturing business with Russia has been small in the past, but now he's preparing to invest in warehousing there. He sees a win-win situation in Chinese exporters reducing their currency risks and payment becoming more convenient for Russian buyers. The U.S. Treasury declined to comment on the yuan's growing presence in Russia. ($1 = 7.2074 Chinese yuan renminbi)Editing by Vidya Ranganathan and Pravin CharOur Standards: The Thomson Reuters Trust Principles.

☆ India regulator asks One 97 Communications unit to reapply for payment aggregator licence
▼ + stars: | 2022-11-26 | by ( ) www.reuters.com time to read: +1 min

MUMBAI, Nov 26 (Reuters) - India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd (PAYT.NS) unit that owns the popular Paytm brand, asking it to reapply with 120 days after meeting certain conditions. The regulator asked Paytm Payments Services Ltd, a 100% subsidiary of One 97 Communications, to reapply after getting the necessary approvals for foreign direct investment in the company to comply with existing rules, the company said in a notification to stock exchanges on Saturday. Payment aggregators, platforms that bring together various online payment options, must be licensed by India's central bank and banking regulator, Reserve Bank of India. In its communication to exchanges, One 97 Communications said it does not expect the delay in securing a payment aggregator licence to impact its business. The regulator also asked that Paytm Payments Services not bring onboard new online merchants until it reapplies for the licence.

☆ This common problem with tenant background checks is costing renters
▼ + stars: | 2022-11-17 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +4 min

Inaccurate screening reports are driving moving costs for renters even higher, according to a new report by the Consumer Financial Protection Bureau. The problem is pervasive, says Eva Rosen, an associate professor at Georgetown University who studies the intersection of poverty and American housing policy. Inaccurate reports lead to rejectionsLandlords often use application fees to run background checks on perspective tenants. The average fee is between $40 and $59, but almost 10% of renters reported application fees more than $100. Screening reports are typically sent directly to landlords.

☆ Opinion | Frustrated With Polling? Pollsters Are, Too
▼ + stars: | 2022-10-24 | by ( Quoctrung Bui | ) www.nytimes.com time to read: +18 min

But what’s really troubling pollsters going into this election is that it’s unclear how much more error these problems will add during this cycle. Just because you put the right ingredients in a bowl, doesn’t mean you’re going to end up with a cake. I think a lot of that has been swept under the rug because the move to online polling seems so inexorable. Pollsters don’t know what people are seeing, hearing and reading. I know at FiveThirtyEight you can search by A-rated or B-rated, but I don’t know how they’re coming up with these ratings.

☆ Everything you need to know about Parler, the right-wing social media platform Kanye West is planning to buy
▼ + stars: | 2022-10-20 | by ( Allana Akhtar | Britney Nguyen | ) www.businessinsider.com time to read: +10 min

Kanye West, now known as Ye, is in talks to buy right-wing social media platform Parler. Ye, formerly known as Kanye West, is entering a deal to buy right-wing social-media platform Parler, which launched in 2018. Meanwhile, Trump's platform Truth Social had 8,956,693 visitors, and Gab had 12,806,464 visitors, per Similarweb's analysis. What's on the Parler app? In February, Trump launched the Truth Social social media platform 13 months after being kicked off Facebook and Twitter after the January 6 Capitol riot.

Gabby Jones | Bloomberg | Getty ImagesBenefits of bundlingFor consumers that buy many streaming services already, purchasing a bundle of them for a discount would be an instant money saver. For corporations, pushing together streaming services reduces the number of people who cancel each month, known in the industry as churn. But those companies also offer their own competing streaming services – The Roku Channel, Prime Video and Apple TV+, respectively – which could deter broader partnerships. Wireless companies already offer promotional pricing to streaming services as sign-up bonuses. From the standpoint of niche services, Peacock hasn't come to them with a coherent strategy, according to several people familiar with the talks.

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