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☆ Meta shares plunge 23% on downgrades, missed earnings and big spending on metaverse
▼ + stars: | 2022-10-27 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

Shares of Meta plunged 23% in premarket trading Thursday as investors and analysts digested the company's third-quarter earnings miss and a weak fourth-quarter outlook. The parent company of Facebook reported quarterly revenue of $27.7 billion Wednesday, a decline of more than 4% year over year and its second straight quarterly decline. Meta CEO Mark Zuckerberg reiterated his commitment to spending billions of dollars developing the metaverse. He expects the company's issues to persist as Meta continues to increase spending to build out its AI capabilities. Since the start of the year, Meta shares are down by more than 61%.

☆ This app will warn you before an earthquake hits the West Coast
▼ + stars: | 2022-10-26 | by ( Sofia Pitt | ) www.cnbc.com time to read: 1 min

Thousands of California residents were alerted ahead of Tuesday's magnitude 5.1 earthquake in the Bay Area, thanks to the MyShake app. Since Tuesday's alert, signups for the app have surged, with over 2 million registered phones, according to the app's data page. Anyone can download the MyShake app, but the system is only fully operational in California, Oregon and Washington. You should receive alerts regardless of whether your phone is on "Do Not Disturb," but the app will only let you know if a 3.5 magnitude earthquake or above is detected. Here's how to download and use it.

☆ Cheaper homes and a strong dollar are driving Americans to move abroad. Here are 6 cities around the world where you can live on $1,000 a month or less.
▼ + stars: | 2022-10-25 | by ( Pembe Bilir | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

More and more Americans are looking to take advantage of a strong dollar and cheaper homes abroad. An apartment in the city center and living expenses would set you back $670 a month. A one-bedroom apartment outside the city center and living expenses would set you back around $940 per month. If you wanted an apartment in the center, it would cost you around $1,150 a month, including living expenses. Here, you can get a one-bedroom apartment outside of the center and cover living expenses for just over $920 a month, Numbeo said.

The anthology show is created by filmmaker Guillermo del Toro and features eight tales of horror. Along with creating and executive producing the series, del Toro co-wrote two episodes and serves as the show's on-screen presenter. How to watch 'Guillermo del Toro's Cabinet of Curiosities'You can watch "Cabinet of Curiosities" exclusively on Netflix. How many episodes are in 'Guillermo del Toro's Cabinet of Curiosities'? Is 'Guillermo del Toro's Cabinet of Curiosities' worth watching?

☆ The new iPad got a major makeover and it's worth the extra $120
▼ + stars: | 2022-10-24 | by ( Sofia Pitt | ) www.cnbc.com time to read: +5 min

I've been testing the new iPad for the past several days and if you're looking for an entry-level iPad, I think it's worth spending the extra $120 on this year's version. The debut of the 10th generation iPad comes at a crucial time for Apple: right ahead of the all-important holiday shopping season. The new iPad AppleThe iPad I've been testing has 5G cellular, which costs an extra $150. It only works with the first-generation Apple Pencil, which is seven years old and isn't as comfortable to use. iPad (10th generation) Sofia PittShould you buy it?

☆ The new iPad Pro is Apple's best iPad, but it's overkill for most people
▼ + stars: | 2022-10-24 | by ( Sofia Pitt | ) www.cnbc.com time to read: +5 min

Sofia PittI've been testing Apple's new 12.9-inch iPad Pro for the past several days. Unlike the entry-level iPad, the iPad Pro's price didn't increase from last year's model, the 11-inch iPad Pro starts at $799 and the 12.9-inch iPad Pro starts at $1,099. Here's what you need to know about Apple's new 12.9-inch iPad Pro. 2022 iPad Pro and iPad. iPad Pro Apple Pencil Hover experience.

☆ LoveShackFancy built a pretty, skinny, rich-girl dreamworld. The fantasy was impossible to live up to.
▼ + stars: | 2022-10-24 | by ( Anna Silman | ) www.businessinsider.com time to read: +34 min

Suddenly, in the midst of discussing what Cohen should wear to the next LoveShackFancy store opening, there was the sound of glass clanging. (Another person confirmed hearing this exchange, though the person close to the company said multiple Zoom attendees did not recall it.) The person close to the company said, "It is not uncommon for trips to have dual purposes — they always generate content." Another time, during a visit to the Palm Beach store, Cohen freaked out after seeing staffers in sweatshirts and sneakers. "As with most contemporary fashion brands, we currently do not operate in the plus-size business," the person close to LoveShackFancy said.

☆ The major space players and diverging strategies in the race to connect your smartphone via satellites
▼ + stars: | 2022-10-23 | by ( Michael Sheetz | ) www.cnbc.com time to read: +6 min

It's long been a dream of satellite communications visionaries, but bulky, specialized and typically expensive satellite phones fell short of mass appeal. While SpaceX has launched more than 3,000 first generation satellites so far, adding a direct-to-phone service will require thousands more. Private venture Lynk Global likewise aims to provide a cell tower in space from satellites, with plans for a constellation of several thousand in a few years. And while some build out satellite networks, other major players are eyeing Earth-bound innovations, with systems dependent on a specialized antenna in phones. In partnership with Globalstar , the feature allows users to send compressed text messages from iPhone 14s via satellites.

☆ Apple has six iPads to choose from. Here's how to pick the right one for you
▼ + stars: | 2022-10-21 | by ( Sofia Pitt | ) www.cnbc.com time to read: +7 min

It has a dated A13 processor, first introduced in 2019, and it only works with the older Apple Pencil. It's silly that Apple didn't add support for the newer second-generation Apple Pencil, which charges and pairs through magnets on the side of other iPads. iPad Mini: You need a super portable tabletApple iPad Mini 2021 Todd Haselton | CNBCThe sixth generation iPad mini, which starts at $499, was released in September 2021. The iPad mini works with the $129 second-generation Apple Pencil, which is more comfortable to use han the dated first-generation. If you opt for maximum storage of 2TB, the new 12.9-inch iPad Pro will set you back $2,399.

☆ Snap shares continue to plunge on disappointing Q3 revenue
▼ + stars: | 2022-10-21 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

Shares of Snap fell 29% in trading Friday morning after investors continued to digest the company's third-quarter earnings report that was released Thursday night. The social media company has suffered as a result of the struggling online advertising market. Apple 's data privacy update in 2021 has limited the ability of social media companies to track users online, which has continued to hurt the company. Bernstein analyst Mark Shmulik downgraded the stock Friday morning to market perform from outperform and reduced his price target to $9 from $15. In a note to investors, Shmulik signaled there's still hope for the company: "SNAP's untapped potential remains, yet we're unlikely to see near-term inflection.

☆ Apple has another iPhone update coming on Monday. Here's what's new
▼ + stars: | 2022-10-20 | by ( Sofia Pitt | ) www.cnbc.com time to read: +4 min

It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite a few features that weren't available when iOS 16 launched back in September. Access Apple Fitness+ without Apple WatchApple Watch Fitness Source: Apple Inc.IPhone users with iOS 16.1 will be able to subscribe to and access Apple Fitness+ even if they don't have an Apple Watch. Apple is offering three months of Fitness+ free with the purchase of a new iPhone, iPad or Apple TV. Clean energy iPhone chargingClean Energy Charging will be available with iOS 16.1 Sofia PittThe iOS 16.1 update will also include Clean Energy Charging. Clean Energy Charging is an option you can select in Settings > Battery > Battery Health & Charging.

☆ A former lawyer bought an entire Italian village and transformed it into a thriving tourist destination — here's how
▼ + stars: | 2022-10-20 | by ( Claire Turrell | ) www.businessinsider.com time to read: +11 min

Cesidio Di Ciacca bought his ancestral village in Italy in 2013 and turned it into a business. Many former residents settled in Scotland, as the Di Ciacca family did. After buying the home, Di Ciacca went on to own the entire village and run it as a business. "One year into the renovation, I started to get itchy and look at how I could buy I Ciacca," Di Ciacca said. Di Ciacca's wife, Selina Di Ciacca, suggested they make it a place of learning again.

☆ Tesla shares slide after Q3 revenue miss, Bernstein says earnings call 'didn't sit well with us'
▼ + stars: | 2022-10-20 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

Tesla CEO Elon Musk is trying to buy Twitter and manage multiple companies at the same time. Shares of Tesla slid about 6% Thursday morning as investors digested the company's third-quarter earnings report from Wednesday evening. Tesla reported earnings of $1.05 per share, beating expectations of 99 cents a share. Musk's comments "didn't sit well" with Bernstein senior research analyst Toni Sacconaghi. "Aside from the financials, the earnings call didn't sit well with us," Sacconaghi said in a note on Thursday.

☆ MacKenzie Scott's latest $84.5 million donation could transform Girl Scouts as you know them
▼ + stars: | 2022-10-19 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

On Tuesday, the Girl Scouts of the USA announced a $84.5 million gift from the billionaire, the biggest donation from a single benefactor in the organization's history. The funds will also "future-proof its facilities," making the Girl Scouts' buildings more climate resilient and accessible to visitors, the announcement said. Girl Scouts of the USA didn't immediately respond to CNBC Make It's request for clarification. The donation will be divided between Girl Scouts of the USA and 29 local councils selected by Scott herself, the organization said. Philanthropic contributions are increasingly important, as many people incorrectly assume the Girl Scouts raise enough money to fund itself from cookie sales alone, Garcia-Hernandez said.

☆ 'The School for Good and Evil' review
▼ + stars: | 2022-10-19 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —Although immersed in fantasy, “The School for Good and Evil” gets lost in a nether realm somewhere between Disney Channel fare like “Descendants” and more epic theatricals like Harry Potter. There’s plenty of action along the way, as well as more wasted cameos, like Patti LuPone and Michelle Yeoh. Yet if you’re going to arrive this late to the party, at least bring something significantly new to it. Granted, that’s not an easy assignment at this stage of the game, but “The School for Good and Evil” doesn’t pass the test. “The School for Good and Evil” premieres October 19 on Netflix.

☆ MacKenzie Scott donates $84.5 million to the Girl Scouts, which is the largest donation to the organization from a single person
▼ + stars: | 2022-10-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Billionaire philanthropist Mackenzie Scott is donating $84.5 million to the Girl Scouts. The donation was awarded to the US Girl Scouts and 29 local councils that Scott selected. The donation is the largest awarded to the organization from a single individual. The donation was awarded to the US Girl Scouts and 29 local councils that Scott selected. Girl Scouts CEO, Sofia Chang, said: "We are so appreciative of MacKenzie Scott's gift to Girl Scouts.

☆ MacKenzie Scott donates record-breaking $84.5 million to Girl Scouts
▼ + stars: | 2022-10-18 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +3 min

Billionaire philanthropist MacKenzie Scott has donated $84.5 million to the Girl Scouts, the organization said Tuesday. The gift from Scott, 52, who was previously married to Amazon founder Jeff Bezos, marks the largest-ever single donation in the organization's history, the group said. Scott's gift will go to Girl Scouts of the USA and 29 local councils that Scott selected, according to a news release from the organization. The organization claims its famous annual cookie sale is “the largest girl-led business in the world,” with Girl Scouts selling nearly $800 million worth of cookies each season. Scott filed for divorce last month from her second husband, former teacher Daniel Jewett, whom she married in 2021.

☆ Mali threatens to defend against French sovereignty violations
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +3 min

Its relations with Mali have soured since an August 2020 coup and it is withdrawing troops sent in 2013 to help fight the insurgency. France's representative denied the "defamatory" accusations, defended its intervention in Mali as fully transparent and said the country had never violated any airspace. Other European countries have ended their military involvement in Mali this year, often citing the junta's collaboration with Russian fighters. Islamist militants have since advanced further into eastern Mali, seizing territory and killing hundreds of civilians as thousands more fled. Mali has faced instability since 2012, when Islamist militants hijacked a Tuareg rebellion in the north.

"The School for Good and Evil" is a new fantasy movie set in a world where fairy tales are real. How to watch 'The School for Good and Evil'You can watch "The School for Good and Evil" on Netflix starting October 19. As of writing, "The School for Good and Evil" is a Netflix exclusive. What is 'The School for Good and Evil' based on? "The School for Good and Evil" is based on the book of the same name by Soman Chainani.

☆ Apple reportedly set to launch new iPad Pro tablets in coming days
▼ + stars: | 2022-10-17 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

Apple is set to announce a new 11-inch and 12.9-inch iPad Pro in the coming days, according to Bloomberg. And it may help the company boost its iPad sales, which dipped 14% during Apple's last holiday quarter and 2% during the most recent quarter. The new iPad will feature the M2 chip, which is the newest chip in the current MacBook Air laptop, the report said. The upgrade is the first to Apple's iPad Pro in a year and a half and it should offer a speed boost of 20%, according to the report. But the tablets may not offer many other new features and will reportedly look the same as current models.

☆ Stanford students call for accountability after second alleged rape reported in two months
▼ + stars: | 2022-10-14 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +8 min

Stanford University officials must do more to prevent sexual violence, support victims and hold perpetrators accountable, sexual violence prevention advocates on campus said this week, in the wake of the second alleged rape reported in as many months at the school. Student activists have also planned a protest for Friday afternoon, sponsored by the group Sexual Violence Free Stanford. The group also sponsored the resolution passed Thursday, along with two executive members of the Associated Students of Stanford University, which represents the student body. "Sexual violence is a very challenging issue that we and all universities have been working aggressively to address," Mostofi said. Thirteen percent of all students experience sexual assault, according to RAINN, which characterizes sexual assault on campuses as "pervasive."

☆ Coinbase shares slide 11% on hot inflation report
▼ + stars: | 2022-10-13 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

Shares of cryptocurrency exchange Coinbase dove more than 11% on Thursday after the Consumer Price Index showed inflation continued to increase in September beyond Wall Street's expectations. But crypto stocks saw steeper falls than major indices like the Nasdaq Composite , down around 1.5%, and the S&P 500 , down about 0.8%. In recent months, an increase in inflation has been followed by volatility on Wall Street. That's because more disappointing news on inflation means the Federal Reserve may implement larger interest rate hikes, further slowing economic growth. Thursday's CPI data likely cements consecutive 0.75 percentage point rate hikes in November and December.

☆ These 12 behind-the-scenes execs are innovating TikTok's surging ad business, which will soon be worth more than Snap's and Twitter's combined
▼ + stars: | 2022-10-13 | by ( Lindsay Rittenhouse | ) www.businessinsider.com time to read: +11 min

TikTok's ad revenue is expected to triple to $11.64 billion this year, and it's building out products aggressively to hit its goal. In fact, if TikTok's ad revenues triple to $11.64 billion this year from 2021, as Insider Intelligence predicts, it will surpass the combined ad revenues of Twitter and Snapchat combined. Gabriela Comazzetto, head of LATAM global business solutionsComazzetto, another Facebook poach, has been overseeing TikTok's ad business in one of its fastest growing regions for just over a year. Shant Oknayan, general manager of METAP global business solutionsOknayan manages the TikTok for Business platform for the METAP region. Sameer Singh, general manager of APAC global business solutionsSingh oversees the TikTok for Business platform across APAC.

☆ Google is selling its first Pixel Watch with Fitbit technology, but it's too little, too late
▼ + stars: | 2022-10-12 | by ( Sofia Pitt | ) www.cnbc.com time to read: +2 min

It's called Pixel Watch, and consumers can find it on store shelves starting Thursday. The Pixel Watch starts at $350 for Bluetooth and Wi-Fi and $400 for 4G LTE. The new Apple Watch SE is just $250 and has the same main features as the Pixel Watch. Google's Pixel Watch is the company's premium watch, whereas the Apple Watch SE and Galaxy Watch 5 are base models. Here's what you need to know before buying the new Pixel Watch and what I noticed about the Pixel 7 and 7 Pro phones.

☆ Microsoft unveils three new Surface computers: laptop, tablet and PC
▼ + stars: | 2022-10-12 | by ( Sofia Pitt | ) www.cnbc.com time to read: 1 min

Microsoft on Wednesday unveiled three Surface computers, as the company celebrates the 10th anniversary of the Surface tablet. At an event in New York, Microsoft introduced the Surface Laptop 5, the Surface Pro 9 convertible tablet and the Surface Studio 2+ all-in one PC. The Surface Pro 9 and the 13.5-inch Surface Laptop 5 start at $1,000, while the Surface Studio 2+ starts at $4,300. All three ship with Microsoft's Windows 11 operating system, which hit the market last year. All new Surface models will be available in select markets beginning Oct. 25, and in additional markets in the coming months, Microsoft said.

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