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☆ Here’s who Elon Musk could pick to be Twitter’s next CEO
▼ + stars: | 2022-12-19 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk may soon be on the lookout for a new chief executive to run Twitter. There is no successor.”If Musk were to look for a new Twitter CEO, he’d likely have many willing takers. Jack Dorsey, Twitter founder, CEO of Block and friend to Musk, has previously said he would not return to run the social network. The most obvious potential candidates for a new Twitter CEO are the Musk lieutenants who have been helping to run the company since his takeover. Who is insane enough to run twitter?!?

☆ Over 23,000 student-loan borrowers might soon receive a check in the mail after 5 debt relief companies were accused of charging them unnecessary fees
▼ + stars: | 2022-12-13 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

The CFPB accused five student-debt-relief companies of charging consumers unnecessary fees. As a result, 23,000 impacted borrowers may soon receive checks compensating them in the mail. The lawsuit also claimed that Monster Loans and Lend Tech Loans, two associated-mortgage companies, violated the Fair Credit Reporting Act by marketing debt relief to consumers using credit information "illegally obtained" from a credit-reporting company. Student-debt-relief companies often offer borrowers help with lowering their monthly payments or enrolling in targeted loan-forgiveness programs, but that's not without fees the companies may or may not disclose up front. Still, the broad debt relief is paused at this time following two lawsuits that have blocked its implementation.

☆ Biden meets Xi amid heightened China-U.S. tensions
▼ + stars: | 2022-11-14 | by ( Evelyn Cheng | ) www.cnbc.com time to read: 1 min

U.S. President Joe Biden and Chinese President Xi Jinping held a virtual meeting in November 2021. Pictured here is a state news broadcast of the meeting outside a shopping mall in Beijing. BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping met Monday for the first time in person since Biden took office in Jan. 2021. The meeting took place in Bali, a day before the G-20 Summit is due to kick off. The two leaders held a videoconference in Nov. 2021 and, among other communication, had a call in late July.

☆ Microsoft extends free tech support for Ukraine through 2023
▼ + stars: | 2022-11-03 | by ( ) www.reuters.com time to read: +1 min

Nov 3 (Reuters) - Microsoft Corp (MSFT.O) said on Thursday it would extend technology support for Ukraine free of charge through 2023, as Russia's invasion of the country drags on. Microsoft said it would provide additional technology aid of nearly $100 million, bringing its total support for Ukraine to more than $400 million since the crisis started in February. The company's support "will ensure that government agencies, critical infrastructure and other sectors in Ukraine can continue to run their digital infrastructure and serve citizens through the Microsoft Cloud," Microsoft Corp President Brad Smith wrote in a blog post. read moreA number of companies across Europe and North America have mobilized in offering aid to Ukrainian authorities and people. read moreRussian forces swept into Ukraine in February in what Moscow calls a "special military operation" to eliminate dangerous nationalists and protect Russian-speakers.

☆ I switched from a hybrid car to a $25,000 electric Mini Cooper. It's my first EV and it's so fun to drive.
▼ + stars: | 2022-11-02 | by ( Andrew Lambrecht | ) www.businessinsider.com time to read: +9 min

He went with the 2023 Mini Cooper SE, which is a fully electric model priced at just over $25,000. I bought my first fully electric car, the Mini Cooper SE, in July. I gravitated toward the Mini Cooper SE, despite it costing slightly more, because it shares many of its technical components with the BMW i3 since BMW Group owns Mini. The gas cap on a 2023 red Mini Cooper SE. I've enjoyed every moment of owning my Mini Cooper SE.

☆ Top investors say it's foolish to ignore the value in tech stocks right now. What to buy and when
▼ + stars: | 2022-10-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +25 min

Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. Playing defense When looking outside of big tech, investors may also want to consider looking out for more defense-focused names. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base. Schatz of Heritage Capital looks for what he calls "high-flier" or "second-tier" technology stocks severely battered this year but pushing higher. His picks include IBM, which trades at just 14 times forward earnings and offers a sticky revenue base.

☆ Lam Research warns of up to $2.5 bln revenue hit from U.S. curbs on China exports
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +2 min

Oct 19 (Reuters) - Chip-making technology provider Lam Research Corp (LRCX.O) on Wednesday warned of a $2 billion to $2.5 billion revenue hit in 2023 from U.S. curbs on exports of high-end technology shipments to China. Register now for FREE unlimited access to Reuters.com RegisterLam Research, which gets 30% of its business from China, is the latest company to flag a hit from the sales restrictions. read moreLam Research also reported strong first-quarter earnings on Wednesday and gave an upbeat revenue forecast for the current period. The company expects second-quarter revenue between $4.80 billion and $5.40 billion, the midpoint of which is higher than the $4.91 billion estimated by analysts, according to Refinitiv data. Shares of Lam Research had initially risen 4% in extended trading on the earnings report but pared most of the gains after the revenue warning.

☆ Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech
▼ + stars: | 2022-10-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Future Publishing | Future Publishing | Getty ImagesBEIJING — Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing's ability to produce advanced military systems. The rules, effective this month, expand on prior U.S. attempts to crimp Chinese companies' access to key tech. Chinese chips stocks tumbleChina's largest chipmaker, Semiconductor Manufacturing International Corporation, traded 3% lower Monday afternoon in Hong Kong, amid a broader market sell-off. "It will not only harm Chinese companies' legitimate rights and interests, but also hurt the interests of U.S. The U.S. government previously put Chinese companies Huawei and SMIC on a blacklist that requires suppliers to obtain a license before selling to them.

☆ Stash just revamped its tech and announced new partnerships with Mastercard and Marqeta as the fintech looks to stand out in a crowded field
▼ + stars: | 2022-09-21 | by ( Carter Johnson | ) www.businessinsider.com time to read: +5 min

Stash announced Wednesday the launch of a new core banking system and a refreshed debit card. CEO Brandon Krieg told Insider 'Stash Core' will make it easier to develop new products. The startup inked new partnerships with Mastercard, Stride Bank, Marqeta, and other fintech names. For Stash, a fintech built on both deposit banking and investing rails, that has led to an overhaul of the fintech's financial infrastructure and a host of new partnerships. On Wednesday, Stash announced the launch of Stash Core, a new banking system that Brandon Krieg, Stash's cofounder and CEO, said amounts to a rebuild of the startup's back-end tech stack.

Amex Platinum; InsiderThe Platinum Card® from American Express offers up to $200 in Uber Cash credits each year. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Thankfully, you can use the Platinum Card's Uber benefit in another way: ordering food delivery or merchandise with Uber Eats. Other Amex credits can save you moneyAmex has been on a roll adding new benefits and statement credits to the Platinum Card in recent months.

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