DIRS.INFO The most relevant business & tech news

☆ A country just banned TikTok because it disrupts 'social harmony' and 'family structure'
▼ + stars: | 2023-11-14 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Authorities last week tightened control over all social media with new rules for users. AdvertisementThe government of Nepal banned TikTok over what it says it its damaging effect on Nepalese society. Content shared on the app was responsible for disturbing "social harmony, family structure and family relations," said Rekha Sharma, Nepal's minister for communications and information technology. The crackdown on TikTok in Nepal follows a series of tight controls on other social media platforms announced last week, per The Kathmandu Post. Social media companies must now register with the government, open an office, and pay taxes in Nepal.

Persons: —, Rekha Sharma, Sharma, Bytedance, TikTok Organizations: Authorities, Service, Social, New York Times, Business Locations: Nepal, India, Canada, Europe, New Zealand, Taiwan, Kathmandu

☆ Nepal to ban China's TikTok, alleges damaging social impact
▼ + stars: | 2023-11-13 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

TikTok app logo is seen in this illustration taken, August 22, 2022. TikTok has already been either partially or completely banned by other countries, with many citing security concerns. Nepal's Minister for Communications and Information Technology Rekha Sharma said the decision to ban TikTok had been made at a cabinet meeting earlier on Monday. "Colleagues are working on closing it technically," Sharma told Reuters. Nepal's neighbour India banned TikTok along with dozens of other apps by Chinese developers in June 2020, saying that they could compromise national security and integrity.

Persons: Dado Ruvic, China's, TikTok, Technology Rekha Sharma, Sharma, Purushottam Khanal, Khanal, Pradeep Gyawali, Gopal Sharma, Sakshi Dayal, Jason Neely, Alexander Smith Organizations: REUTERS, Nepal's, Communications, Technology, Reuters, Nepal Telecom, Communist Party of Nepal, Marxist, Thomson Locations: Nepal, India, Pakistan

☆ Members of the 'PayPal Mafia' include tech titans like Elon Musk, Peter Thiel, and Reid Hoffman. Here's where they are now.
▼ + stars: | 2023-11-12 | by ( Tami Brehse | Kylie Kirschner | ) www.businessinsider.com time to read: +1 min

A group of early 2000s PayPal employees and founders came to be known as the "PayPal Mafia." The group includes Elon Musk, Peter Thiel, Reid Hoffman, and the founders of both YouTube and Yelp. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Members of the group include Elon Musk, Peter Thiel, and Reid Hoffman, along with over a dozen others. Here's a rundown of the most prominent members of this exclusive group and what they're up to over two decades later.

Persons: Elon Musk, Peter Thiel, Reid Hoffman, —, Fortune Organizations: PayPal, Elon, YouTube, Service, LinkedIn, PayPal Mafia

☆ Aid trickles in to Nepal villages struck by earthquake as survivors salvage belongings from rubble
▼ + stars: | 2023-11-06 | by ( ) www.cnbc.com time to read: +4 min

Damaged houses lie in ruins, in the aftermath of an earthquake at Pipaldanda village of Jajarkot district on November 4, 2023. The U.S. Geological Survey said that the quake occurred at a depth of 11 miles (18 kilometers). Nepal's National Earthquake Monitoring and Research Center confirmed that the epicenter was in Jajarkot, about 400 kilometers (250 miles) northeast of the capital, Kathmandu. Friday night's quake was also felt in India's capital, New Delhi, more than 800 kilometers (500 miles) away. A 7.8 magnitude earthquake in 2015 killed around 9,000 people and damaged about 1 million structures.

Persons: Balkumar Sharma, BALKUMAR SHARMA, —, Harish Chandra Sharma, Nirmala Sharma, Mina Bika, Rekha Sharma Organizations: AFP, Getty Images, Geological Survey, Earthquake Monitoring, Research Center, Authorities, Emergency Locations: Pipaldanda, Jajarkot, Nepal, Nepal's, U.S, Kathmandu, Surkhet, India's, New Delhi, Earthquakes

☆ Nepal villagers cremate loved ones who perished in earthquake that shook its northwest, killing 157
▼ + stars: | 2023-11-05 | by ( ) www.cnbc.com time to read: +4 min

Villagers take part in a cremation procession of people who died during an earthquake in Jajarkot, Nepal on Nov. 5, 2023. Villagers in the mountains of northwest Nepal cremated the bodies of some who perished in an earthquake that shook the area Friday night. The U.S. Geological Survey said the earthquake had a preliminary magnitude of 5.6 and occurred at a depth of 11 miles (18 kilometers). Nepal's National Earthquake Monitoring & Research Center confirmed the epicenter was in Jajarkot, which is about 400 kilometers (250 miles) northeast of the capital, Kathmandu. A 7.8 magnitude earthquake in 2015 killed some 9,000 people and damaged about 1 million structures.

Persons: pyres, Bika, Rekha Sharma, Pun Organizations: Villagers, Sunday, Geological Survey, Earthquake Monitoring, Research Center Locations: Jajarkot, Nepal, Chiuri, Jajarkot district, Rukum, Chepare, U.S, Kathmandu, Nepalgunj, India's, New Delhi, Earthquakes

CHIURI, Nepal, Nov 5 (Reuters) - Sobbing relatives of victims from Nepal's worst earthquake in eight years cremated their loved ones on Sunday as rescuers looked for people who could still be trapped in the rubble of collapsed buildings. The quake had a magnitude 6.4, Nepal's National Seismological Centre said, while the U.S. Geological Survey measured it at 5.6. Since Friday's quake, thousands of buildings in Jajarkot and neighbouring Rukum West district have collapsed or developed cracks making them uninhabitable. "I am shocked to lose almost all my family members," said the 41-year-old, who farms millet and corn. In Khalanga, the capital of Jajarkot district, survivors slept in the streets near damaged houses, wrapped in blankets to beat the cold.

Persons: Baljit Mahar, Mahar, Navesh, Kuber Kadayat, Shanta Bahadur B.K, B.K, Navesh Chitrakar, Yubaraj Sharma, Gopal Sharma, William Mallard, Christopher Cushing Organizations: Reuters, Seismological Centre, U.S . Geological, REUTERS, Nepal Police, Thomson Locations: CHIURI, Nepal, Chiuri, Jajarkot, U.S, Rukum West, Kathmandu, Nepalgunj, Jajarkot district

☆ Deadly earthquakes in Nepal since 2015
▼ + stars: | 2023-11-04 | by ( ) www.reuters.com time to read: +2 min

NOV 3, 2023At least 128 people were killed and dozens injured when a strong earthquake struck the western area of Jajarkot. OCT 3, 2023Two earthquakes rocked western Nepal, injuring 17 people, damaging homes and triggering a landslide that blocked a major highway. NOV 12, 2022An earthquake of magnitude 5.4 struck Nepal, shaking houses in the Himalayan country and India. SEPT 16, 2020An earthquake measuring magnitude 6 struck Nepal and tremors caused by the quake were felt in the capital, Kathmandu. The previous deadliest earthquake to strike the country, in 1934, killed at least 8,519 in Nepal, as well as thousands more in India.

Persons: Jamie Freed Organizations: REUTERS Acquire, German Research Centre, Geosciences, U.S . Geological Survey, YP Rajesh, Thomson Locations: Jajarkot, Nepal, China, India, New Delhi, U.S, Bajhang, Kathmandu

☆ Rescuers struggle to find Nepal quake survivors, deaths at 137
▼ + stars: | 2023-11-04 | by ( Gopal Sharma | ) www.reuters.com time to read: +4 min

[1/5] A damaged building is seen after an earthquake in Jajarkot, Nepal, November 4, 2023. Officials said 99 people were killed in Jajarkot and 38 in neighbouring Rukum West district, both in Karnali province. At least 85 people were injured in Rukum West and 55 in Jajarkot, an official in the prime minister's office said. Thousands of residents spent the entire night in cold, open grounds because they were too scared to go in into the cracked houses as aftershocks struck," Sharma said. Local TV channels showed rescuers digging through the rubble with their bare hands looking for survivors in the debris of collapsed houses.

Persons: Harish Chandra Sharma, Sharma, Pushpa Kamal Dahal, Krishna Bhandari, Narendra Modi, Gopal Sharma, Saurabh Sharma, YP Rajesh, William Mallard Organizations: REUTERS Acquire, Seismological, German Research Centre, Geosciences, U.S . Geological, Reuters, Authorities, Indian, YP, Thomson Locations: Jajarkot, Nepal, New Delhi, Kathmandu, Rukum West, Karnali province, Ramidanda, Surkhet, Chaurjahari, Rukum, India, Uttar Pradesh, Uttarakhand, LUCKNOW

☆ Rescuers Struggle to Find Nepal Quake Survivors, Deaths at 137
▼ + stars: | 2023-11-04 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

"The number of injured could be in the hundreds and the deaths could go up as well," Jajarkot district official Harish Chandra Sharma told Reuters by phone. Officials said 99 people were killed in Jajarkot and 38 in neighbouring Rukum West district, both in Karnali province. At least 85 people were injured in Rukum West and 55 in Jajarkot, an official in the prime minister's office said. Thousands of residents spent the entire night in cold, open grounds because they were too scared to go in into the cracked houses as aftershocks struck," Sharma said. Local TV channels showed rescuers digging through the rubble with their bare hands looking for survivors in the debris of collapsed houses.

Persons: Gopal Sharma, Harish Chandra Sharma, Sharma, Pushpa Kamal Dahal, Krishna Bhandari, Narendra Modi, Saurabh Sharma, YP Rajesh, William Mallard Organizations: Seismological, German Research Centre, Geosciences, U.S . Geological, Reuters, Authorities, Indian, YP Locations: Gopal Sharma KATHMANDU, Nepal, New Delhi, Kathmandu, Jajarkot, Rukum West, Karnali province, Ramidanda, Surkhet, Chaurjahari, Rukum, India, Uttar Pradesh, Uttarakhand, LUCKNOW

☆ Paypal's new competitor has created 'turmoil in the industry': Wolfe Research
▼ + stars: | 2023-11-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPaypal's new competitor has created 'turmoil in the industry': Wolfe ResearchDarrin Peller of Wolfe Research discusses the outlook for Paypal as it operates in an "extraordinarily competitive landscape".

Persons: Wolfe, Darrin Peller Organizations: Wolfe Research, Paypal

☆ Block shares soar as Street lauds strong 2024 forecast, buyback plans
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

Block Inc logo is seen displayed in this illustration taken, April 10, 2023. If premarket gains hold, the company could add nearly $5 billion to its market value, based on the stock's last trading price of $51.85, according to Reuters calculations. It took some analysts by surprise as it alluded to an increased focus on keeping expenses under control. The company would create an "absolute cap on the number of people we have...held firm at 12,000 people" until gains in the business outpaced headcount growth, CEO Jack Dorsey said. Block's initial plan to repurchase $1 billion worth of shares also raised investor spirits, as Dorsey said the buybacks would offset some dilution from share-based compensation to employees.

Persons: Dado Ruvic, Block, Jack Dorsey, tsin Huang, Dorsey, Niket, Shinjini Organizations: REUTERS, PayPal Holdings, Thomson Locations: Bengaluru

☆ Nepal earthquake kills at least 69
▼ + stars: | 2023-11-03 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

Light illuminates a street between the cluster of residential buildings in Kathmandu, Nepal November 8, 2022. "Rescue and search teams have to clear roads blocked by dry landslides due to the earthquake to reach the affected areas," Bhattarai said. At least 20 people were rushed to hospital with injuries, Jajarkot district official Suresh Sunar told Reuters by phone. Nepal's National Seismological Centre said the quake occurred at 11:47 p.m. (1802 GMT) in Jajarkot district of Karnali province. The earthquake shook buildings as far as New Delhi, about 600 km (375 miles) away, according to Reuters witnesses.

Persons: Navesh, Harish Chandra Sharma, Namaraj Bhattarai, Bhattarai, Pushpa Kamal Dahal, Jajarkot, Suresh Sunar, Santosh Rokka, Aditya Kalra, Gopal Sharma, Shivam Patel, Gnaneshwar Rajan, Jahnavi, Chris Reese, Jonathan Oatis, Cynthia Osterman, David Gregorio, Sandra Maler Organizations: REUTERS, Seismological Centre, German Research Centre, Geosciences, U.S . Geological Survey, Twitter, Reuters, Nepal's, Thomson Locations: Kathmandu, Nepal, Jajarkot, New Delhi, India, Rukum West, Jajarkot district, Karnali province

☆ PayPal gets crypto green light in UK as sets up post-Brexit base
▼ + stars: | 2023-11-01 | by ( Huw Jones | ) www.reuters.com time to read: +1 min

A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. The regulator has also brought in tougher safeguards on marketing cryptoassets, which have snarled rivals like Binance. PayPal said on Wednesday that the FCA has approved the company as an authorised electronic money institution and consumer credit firm, as well as its registration as a cryptoasset business, although the pause in UK crypto services would continue as previously announced. The approvals mean that from Nov. 1 PayPal's UK customers will be transferred to a new entity based in Britain from PayPal Europe, which had hitherto served UK customers, reflecting Britain's departure from the European Union. "PayPal continues to offer our customers the same products and services in the United Kingdom," it said.

Persons: Dado Ruvic, PayPal, Huw Jones, Jonathan Oatis, Alexander Smith Organizations: PayPal, REUTERS, Financial, Authority, PayPal Europe, European Union, Thomson Locations: Britain, United Kingdom

☆ [WATCH NOW] How to drive growth with seamless omnichannel payments
▼ + stars: | 2023-11-01 | by ( Sponsor Post | Created Insider Studios With Paypal | ) www.businessinsider.com time to read: +8 min

At the recent event, "How Enterprise Merchants Can Leverage Seamless Omnichannel Payments to Drive Growth," experts shared insights on how to maximize customer conversions. Watch now and find out how to embed a seamless omnichannel experience into your customer engagement strategy. Omnichannel payments are vital to merchant growthOmnichannel can only deliver a seamless customer experience with a strong payment infrastructure behind it. Today's customers want a seamless omnichannel experience, and if your business can't offer that, they'll find one that can. Watch the video below to learn how adopting omnichannel payments can help your business drive greater growth.

Persons: Julie Fergerson, Fergerson, they're, Cindy Turner, Adam Kronengold, Vince Camuto, Eddie Bauer, Kronengold, Turner Organizations: Merchant Risk Council, PayPal, National Retail, Retail, Authentic Brands, Insider Studios Locations: National Retail Federation's, PayPal Braintree, Braintree

☆ PayPal raises full-year profit forecast above Wall Street estimates
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 1 (Reuters) - PayPal Holdings (PYPL.O) raised its forecast for full-year adjusted profit above Wall Street estimates on Wednesday, as the payments giant banks on resilient consumer spending trends during the key holiday shopping season. The company said it expects adjusted profit for the full-year to be about $4.98 per share from $4.95 earlier. PayPal cut its annual forecast of adjusted operating margin expansion to 75 basis points from 100 basis points expected earlier. Total payments volume increased 13% on FX-neutral basis to $387.7 billion in the third quarter, beating Street expectations of $377.9 billion. The firm earned $1.30 per share on an adjusted basis in the third-quarter, beating Wall Street expectations of $1.23 per share.

Persons: Dado Ruvic, Jamie Miller, Manya Saini, Krishna Chandra Organizations: PayPal, REUTERS, PayPal Holdings, Wall, Adobe Analytics, Apple, FX, U.S . Commerce Department, Thomson Locations: U.S, Bengaluru

☆ Kirk McDonald, North America CEO of WPP's GroupM, will leave the company. Read the internal email about his departure.
▼ + stars: | 2023-10-30 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

Kirk McDonald, the North America CEO of WPP's media buying division GroupM, is set to leave the company, GroupM confirmed on Monday. Mindshare Global CEO Adam Gerhart will take on additional duties as GroupM North America CEO while the company searches for a permanent replacement, Juhl wrote. "He has also been a valuable partner to me and the global GroupM leadership community more broadly." Under McDonald's leadership, GroupM North America has sought to implement a "responsible investment strategy." He has also been a valuable partner to me and the global GroupM leadership community more broadly.

Persons: Kirk McDonald, GroupM, Christian Juhl, McDonald, Adam Gerhart, Juhl, Kirk, Mark Read, Read, Mark Read's bounceback, we've, Kirk McDonald's, I'm, Adam, He's, Christian Organizations: North America, GroupM Global, Mindshare, North, America, WPP, Adobe, GroupM, AT, Time Inc, CNET, Pacific Islanders, Mindshare's Global, GroupM North, Global, NA Locations: Canada, North America, GroupM, America, American, GroupM North America, New York

☆ This otherworldly image of an alien-like golden crab has won gold in Wildlife Photographer of the Year
▼ + stars: | 2023-10-12 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

This year's Wildlife Photographer of the Year Grand Title went to a picture of a very strange crab. AdvertisementAdvertisementAn image of a rare golden horseshoe crab gliding close to the sea floor has won Laurent Ballesta the grand prize at the Wildlife Photographer of the Year award. Wildlife Photographer of the Year, developed and produced by the Natural History Museum in London, selected the winning picture from about 50,000 entries. VISHNU GOPAL / Wildlife Photographer of the YearPhotographer Vishnu Gopal followed characteristic footsteps at his campsite into the Brazilian rainforest. Mike Korostelev / Wildlife Photographer of the YearMike Korostelev spent two years visiting Kosi Bay, South Africa, to ingratiate himself with the local hippopotamuses.

Persons: Laurent Ballesta, —, Kathy Moran, Vishnu Gopal, GOPAL, Mike Korostelev, ingratiate, Juan Jésus Gonzales Ahurrada, Juan Jésus Gonzales, didn't, Bertie Gregory, Weddell, Karine Aigner, Karine Organizations: Service, Wildlife, West Texas Locations: London, Pangatalan, Philippines, Bay, South Africa, USA

☆ Two killed by avalanches on Tibet’s Shishapangma as 50 were climbing
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +3 min

Shishapangma, at just over 8,000 metres (26,247 feet), is the world's 14th tallest peak. Two avalanches hit its slopes at elevations of 7,600 metres and 8,000 metres on Saturday, killing American climber Anna Gutu and Nepalese guide Mingmar Sherpa, Xinhua reported on Sunday. All climbing activity on Shishapangma was suspended because of the unstable snow conditions. Had one of the Pakistani climbers, Sirbaz Khan, reached the top of Shishapangma he would have become the first Pakistani to summit all 14 mountains over 8,000 metres. Among those who had previously died on Shishapangma was famed American climber Alex Lowe in 1999, also because of an avalanche.

Persons: Anna Gutu, Gina Marie Rzucidlo, Tenjen Sherpa, Norway's Kristin Harila, Sirbaz Khan, Shishapangma, Alex Lowe, David Bridges, Ryan Woo, Christian Schmollinger Organizations: Xinhua, Sherpa, Thomson Locations: BEIJING, American, Pakistan, United States, Britain, Romania, Albania, Italy, Japan, Xinhua, Nepal

☆ At Rosemead High, generations of students were harassed or groomed for sex as they tried to get an education
▼ + stars: | 2023-10-03 | by ( Matt Drange | ) www.businessinsider.com time to read: +87 min

Students were regularly subjected to sexual harassment by Hall, two former students told me. “I feel like so many of us were victims to the culture,” one former Rosemead student told Insider. Manipulation by a trusted adult has been passed like a virus to generations of Rosemead students. AdvertisementThe Shops at Santa Anita in Arcadia have long been a local haunt for Rosemead High students. We wondered aloud whether Masiello had harassed our mother the same way he'd done to generations of Rosemead students.

Persons: Clara didn't, She'd, Alex Rai, Eric Burgess, Burgess, Rai, Clara, they'd, Rai texted, she'd, who'd, Mark Abramson, Rai didn't, Leonard Levine, — I'm, Alex Rai wasn't, wouldn't, Rosemead, RubyAnna Sare, Sare, Harlan Mayne, Mayne, Dwain Crum, he'd, colluded, Crum, Robin Torres, Torres, Edward Zuniga, Zuniga, Paul Arevalo, Kristy, Jim Hall, Hall, groped, Angela, Diane Bladen, Bladen, Michael Sullivan, Sullivan, Denton Todd, Todd, Barbara, Arevalo, Barbara said, Matt Drange, Andrew Dalton, Dalton, ” Mark Abramson, I've, Will, Suzy, Carly Sanchez, Sanchez, aren't, —, David Pitts —, Pitts, Cindy, Scriabin, David Pitts, couldn't, That's, G, You'd, It's, Wing Chan, Chan, Louis Vuitton, Justin Rosien, Rosien, Rosien texted, cringed, Jim Hall's, Don Masiello, Paul Arevalo's, Sergio Caveyo, Caveyo, Brian Day, Alex, messaged, Brian Aliff, Aliff, Nichole, I'd, scoot, Michelle, Michelle's, Michelle didn't, Sarah, Brian Bristol, didn't, Nichole's, Weeks, Herbert Ortiz, Jaime, Ortiz, Richard Daniels, Daniels, Fidel Dominguez, Rosemead High's, Larry Callaham, Masiello, Jan Herzog, Herzog, Justin Fregoso, James Eder, Fregoso, me Eder, Eder, they've, Anne Bazile, Bazile, Unbeknownst, Arevalo —, Jonathan Howard, Credentialing, Howard, Elaine Rose, Rose, El Monte Union High School District Arevalo, he's, José Gallegos, Gallegos, Billie, Jo Grant, Grant, Michael Cohen, Cohen, Santa Claus, Oz, California's, haven't, Lupe Nieves, Nieves, reenacted, faxed, Harold Greenberg, Dan Morris, Morris, Alex Valdez, J, Valdez, alums, Heidi, Guillermo, she's, Clara wasn't, Mark Matthews, Matthews, Rai groped, Janine Salanitro, Zuniga hasn't, Felipe Salazar, Salazar, Andrew Dalton's, Matt Drange’s Organizations: Business, Rosemead High School, Rosemead High, Rosemead, El Monte Union High School District, Sheriff's Department, TA, El Monte Union High School, X's, Ford, Business Insider, Casa del Rey, Nissan, Nike, Bristol, Arroyo High School, High School, Los, Los Angeles County Sheriff's Department, Perris High School, of Education, Angeles County Sheriff's Department, California, California Department of Education, Monte Union High School, Valdez, Gabrielino, Rai, Los Angeles County Sheriff's, Temple City Locations: Southern California, Rosemead, San Gabriel Valley, San Gabriel, Los Angeles, Huntington Beach, Pasadena, Bladen, California, Arevalo, Utah, Santa, Arcadia, Beverly Hills, Burgess, Bristol, Arroyo, Perris, California's, Angeles, Cindy's, Los Angeles County, Temple

☆ SMS marketing may cost more to set up than email, but 2 small-business founders say it's worth it
▼ + stars: | 2023-09-27 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +5 min

Data indicates that people check their phones every 10 to 12 minutes and spend most of that time reading and responding to text messages. Since 2014, SMS marketing has helped GreenPal stay in direct contact with its 300,000 customers nationwide, increasing sales and engagement, Clayton said. Here's why SMS marketing can be a successful way to reach your customers. Understanding these rules is the biggest hurdle small businesses face in getting started in SMS marketing, she added. Often, businesses need to hire a company to build a custom program or use application-programming-interface services that offer SMS marketing, such as Mailchimp or Twilio.

Persons: SBOs, —, Bryan Clayton, GreenPal, Clayton, they've, Barbara Casey, Casey Organizations: Small, Service, Mobile, Consumer, SMS Locations: Nashville , Tennessee, SimpleTexting

☆ Mongolian cricket takes step back as records tumble in loss to Nepal
▼ + stars: | 2023-09-27 | by ( Ian Ransom | ) www.reuters.com time to read: +1 min

HANGZHOU, China, Sept 27 (Reuters) - The windswept nation of Mongolia has rarely been known for cricket but now has a place in the record books after suffering the biggest defeat in T20 internationals through a 273-run hiding by Nepal at the Asian Games on Wednesday. His batting partner Dipendra Singh Airee also came off with the record for the fastest fifty in T20 internationals, reaching the milestone in nine balls in his unbeaten 52 which included eight sixes. Mongolia were dismissed for 41, the biggest contribution from 23 extras, including 16 wides by the Nepali bowlers. The north Asians will have a chance to atone when they play the Maldives in their second match on Thursday. Reporting by Ian Ransom; Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Kushal Malla, strode, South Africa's David Miller, India's Rohit Sharma, Wickramasekara, Dipendra Singh Airee, Mongolia's, Sandeep Lamichhane, Ian Ransom, Christian Radnedge Organizations: Asian Games, Zhejiang University of Technology, South, Thomson Locations: HANGZHOU, China, Mongolia, Nepal, Hangzhou, Czech, Afghanistan, Ireland, West Indies, South Africa, Maldives

☆ PayPal stock will still be under pressure as Alex Chriss takes over as chief executive, MoffetNathanson says
▼ + stars: | 2023-09-18 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

PayPal could still underperform expectations despite a reset with a new chief executive, according to MoffetNathanson. The firm downgraded PayPal stock to market perform from outperform in a Monday note, and lowered its price target to $75 per share. PayPal stock has slipped nearly 10% from the start of the year and was off 1.4% in premarket trading Monday. PYPL YTD mountain PayPal stock. Analyst Lisa Ellis says that despite the potentially promising fresh start for the company with new chief executive and former Intuit CEO Alex Chriss on Sept. 27 , PayPal will still underperform MoffetNathanson estimates. "

Persons: Lisa Ellis, Alex Chriss, Ellis, — CNBC's Michael Bloom Organizations: PayPal, Apple Locations: Venmo

☆ Stocks making the biggest moves premarket: DoorDash, Arm, PayPal and more
▼ + stars: | 2023-09-18 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

Check out the companies making headlines in premarket trading. DoorDash — Shares added nearly 2% after being upgraded by Mizuho Securities to buy from neutral on Sunday. Micron Technology — The stock gained about 1.6% premarket after Deutsche Bank upgraded the memory and storage solutions company to buy from hold on Sunday, and also raised its target price. Arm Holdings — Shares of the semiconductor company fell 3.7% in premarket trading as the newly public Arm tries to find its level in the market. Bernstein initiated coverage on Monday with an underperform rating, saying it was too early to say Arm will be an AI winner.

Persons: MoffettNathanson, PayPal's, Alex Chriss, Bernstein, —, Macheel, Jesse Pound, Michelle Fox Theobald Organizations: PayPal, Mizuho Securities, Micron Technology, Deutsche Bank

☆ Here are Monday's biggest analyst calls: Arm, Carvana, Disney, Apple, Tesla, Skechers, Netflix & more
▼ + stars: | 2023-09-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Piper Sandler upgrades Skechers to overweight from neutral Piper said in its upgrade of the stock that it likes its balance sheet. Goldman Sachs reiterates Tesla as neutral Goldman cut its estimates on the stock and says it sees pricing heading lower. Mizuho upgrades DoorDash to buy from neutral Mizuho said in its upgrade of DoorDash that it's deserving of a re-rating. Wedbush upgrades Carvana to neutral from underperform Wedbush said in its upgrade of the stock that it sees profitability upside. Raymond James initiates Disney as outperform Raymond James said in its initiation of Disney that the stock is compelling.

Persons: TD Cowen, TENB, Piper Sandler, Piper, Goldman Sachs, Tesla, Goldman, Wells, Wedbush, Evercore, Raymond James, Ralph Lauren, Guggenheim, Morgan Stanley, Atkins, Bernstein, ASGN, underperform Bernstein, it's, YoY Organizations: Tenable Holdings, TAM, Tesla, Apple, Netflix, Northland, Mizuho, HSBC, Deutsche Bank, Micron, Deutsche, Barclays, Alliant Energy, EV, UBS, BioMarin Pharmaceutical, Iridium, NASDAQ, Disney, Bank of America, of America, Nvidia, Nike, NKE's 1Q, PayPal, Moffett Locations: Europe, Wisconsin, Iowa, US, Swedish, 2Q23

☆ Elon Musk learned social cues from reading books because he had no friends as a child
▼ + stars: | 2023-09-16 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Elon Musk was bad at understanding social cues as a child because he had no friends in school. As a result, he picked up social cues from reading books, according to his new biography. As a teenager, Elon Musk followed his sister around to clubs and parties so he didn't have to be lonely. Maye Musk told Isaacson that Elon Musk "became so lonely and sad," when he started going to school. Musk walked "behind her and her friends," Isaacson wrote, "carrying a book to read whenever they went into a club or party."

Persons: Elon Musk, Walter Isaacson, Isaacson, Elon, Maye Musk, Kimbal, Tosca, Tosca Musk, Musk Organizations: Service Locations: Wall, Silicon, Toronto

Search resuls for: "Pal's"

25 mentions found