DIRS.INFO The most relevant business & tech news

☆ A Newspaper Was Planning Its Last Edition. Then the Press Caught Fire.
▼ + stars: | 2023-04-26 | by ( Corey Kilgannon | ) www.nytimes.com time to read: +1 min

As other regional and community papers were fading, Montclair Local popped up with a subscription price: $12 a month. It added a website and weekly email newsletters, and for seven years, it defied the odds. Every Thursday, mailboxes in town were fed 20 fresh pages of local coverage, from school board updates to rumblings of a new supermarket — and of course high school sports. Last week, the Local’s board announced it would go online-only and merge with another online outlet, Baristanet. Its last print edition would come out the following Thursday, April 27.

☆ Tuesday Morning says it wants to close 265 stores as part of its bankruptcy filing. See if your local store is on the list.
▼ + stars: | 2023-02-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +30 min

Camarillo: Camarillo Village Square, 2450 Las Posas Road, Ste HCamarillo Village Square, 2450 Las Posas Road, Ste H Roseville: Fairway Commons Shopping Center, 5771A Five Star Blvd. San Diego: Pacific Plaza Shopping Center, 1772‐D Garnet AvenuePacific Plaza Shopping Center, 1772‐D Garnet Avenue Woodland Hills: Pride Shopping Center, 22950 Victory Blvd. Winston-Salem: Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947Whitaker Square Shopping Center, 1947 North Pease Haven Road, Space #1947 Matthews: Windsor Square Shopping Center, 9945 E. Independence Blvd. ; Westhill Village Shopping Center, 7525 WestheimerWeslayan Plaza West Shopping Center, 5442‐A Weslayan Street; Westheimer Commons, 12568 Westheimer Rd. ; Westhill Village Shopping Center, 7525 Westheimer El Paso: West Towne Marketplace, 6450 N. Desert Blvd., Ste.

☆ More Crypto Exchanges Verify Reserves, But Questions About Assets Remain
▼ + stars: | 2022-12-05 | by ( Mark Maurer | ) www.wsj.com time to read: +7 min

Most crypto exchanges are privately held, meaning they don’t have to file financial statements with the Securities and Exchange Commission or get them audited. He added that customers of crypto exchanges should “look for as rigorous of that as you can look for regulatory reporting.”FTX founder Sam Bankman-Fried sat down with The Wall Street Journal to discuss what happened to the billions of dollars deposited by the exchange’s customers. Photo: Kenny Wassus/The Wall Street JournalSuch a third-party verification represents a step toward more transparency around crypto exchanges, but there are significant shortcomings, some academics said. Coinbase Global Inc. last month reported $95.11 billion in both customer crypto assets and liabilities for the quarter ended Sept. 30, up from $88.45 billion the previous quarter, filings show. Still, the PCAOB encourages investors to review reports on the work those companies’ auditors have done, Chair Erica Williams said at a conference Tuesday.

Jones and Infowars had already been banned from Facebook, Instagram, Twitter, Apple, YouTube, Spotify, Google Play, Vimeo, Pinterest, Mailchimp and LinkedIn. But Ye’s interview had more than 3.1 million views as of publication. On other platforms, clips of the interview got millions more. Twitter suspended Ye later that night after Ye tweeted an image that contained a swastika. He showed clips of Ye praising Hitler, and Foreman speculated that his channel might get a “strike” from YouTube as a result.

☆ Elon Musk's 'amnesty' pledge brings back QAnon, far-right Twitter accounts
▼ + stars: | 2022-12-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | Brandy Zadrozny | ) www.nbcnews.com time to read: +12 min

A “general amnesty” has restored hundreds of accounts of right-wing activists and QAnon adherents, according to data reviewed by NBC News. The reinstatement of far-right accounts has coincided with a series of bans of left-wing accounts, leaving users unsure of how the company is now applying its rules. It’s a dangerous combination.”The reinstatements and bans come as researchers continue to monitor an uptick in hate speech, and high-profile users leave the platform. Among the spammers, copyright rule-breakers, adult-content creators and high-profile accounts, Twitter has reopened the door to a growing and emboldened community of trolls, white nationalists, conspiracy theorists and extreme right-wing activists. Those reinstatements also come after Twitter dramatically reduced its staff, including those dedicated to dealing with abuse and hate speech.

Some right-wing media figures and influencers have doubled down on the use of inflammatory rhetoric against the LGBTQ community in the wake of Saturday night’s shooting at a Colorado gay club that killed five. “We shouldn’t tolerate pedophiles grooming kids,” Pool tweeted. At least one Republican politician also targeted LGBTQ people on social media in the wake of the shooting. Ellis said leaders in the LGBTQ community have “seen a dramatic uptick” in anti-LGBTQ rhetoric. “This is priming some very violent people to do shocking acts of violence, and this is all being pushed on social media and on Fox News, on Tucker Carlson.”

☆ More Colleges Offering Admission to Students Who Never Applied
▼ + stars: | 2022-11-10 | by ( Melissa Korn | ) www.wsj.com time to read: 1 min

Montclair State University in New Jersey worked with the Common Application last year to offer spots to 3,000 prospects based on their GPAs. It sounds too good to be true: Get into college, with a guaranteed scholarship, without ever applying. This fall, tens of thousands of students will receive such offers from schools around the country. Direct admissions, as the approach is often called, allow colleges to send offers to students based just on their GPAs or a few other criteria, such as intended major or geographic location, without the hassle of essays, recommendation letters and months of uncertainty.

☆ The 6 most interesting quotes from the podcast hosted by Elon Musk's friends that Twitter staff were reportedly told to listen to amid layoffs
▼ + stars: | 2022-11-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +8 min

Some Twitter staff were told to listen to a podcast hosted by Elon Musk's associates, Platformer reported. A Twitter VP reportedly told staff it would provide insight into why layoffs were necessary. David Sacks and Jason Calacanis — two of Musk's close associates who have stepped in to help him at Twitter — also cohost the show. 'Just helping a friend'During the podcast, Sacks and Calacanis attempted to clarify their new roles at Twitter. It later emerged that they were likely practical jokers pretending to be laid off Twitter staff.

☆ FASB Settles on Fair-Value Accounting for Measuring Crypto Assets
▼ + stars: | 2022-10-12 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +4 min

The Financial Accounting Standards Board on Wednesday said companies should use fair-value accounting for measuring bitcoin and other crypto assets, moving a step closer to a standard that could clear up uncertainty over reporting how much such holdings are worth. Companies and accountants want the FASB to adopt fair-value accounting instead, which would allow them to recognize losses and gains immediately and treat digital assets as financial assets. The FASB on Wednesday said fair-value accounting best captures the economics of crypto assets and determined the method would be a requirement rather than an option for companies. PREVIEWCompanies and investors have asked the FASB for years for rules on how to account for and disclose crypto assets. “Without these standards for the accounting and valuation of crypto assets, companies are reluctant to hold them,” she said.

☆ This 45-year-old makes $39,000 a month selling vintage buttons as necklaces—and only works 20 hours a week
▼ + stars: | 2022-10-11 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Nicole Tocci started flipping vintage Chanel buttons into necklaces in 2016. Their popularity eventually convinced her to build a standalone website for her side hustle, called One Vintage Button, at the end of 2020. This year, Tocci has already made $351,900 selling repurposed button necklaces, primarily sourcing her vintage finds from Chanel clothing. How to build a button businessTocci leveraged that trust to start One Vintage Button. Nicole Tocci

Search resuls for: "Montclair"

10 mentions found