DIRS.INFO The most relevant business & tech news

Some Chinatown residents benefited from the development boom, selling properties to developers or drawing more customers from increased foot traffic. Some residents have shown tentative support for the luxury buildings, saying they might make the neighborhood safer or bring in wealthier Asian residents who could boost Chinatown's economy. Manhattan Chinatown's housing stock is "really aged," which has led to costly fires, according to Thomas Yu, executive director of Asian Americans for Equality. Chinatowns and the pandemicMany debates surrounding luxury development and affordable housing were accelerated by the pandemic, which shuttered hundreds of businesses across Chinatowns. However, business owners who spoke with CNBC said Chinatown's businesses, though still recovering, are keeping the city's culture alive.

☆ Shaq tries to dismiss FTX lawsuit, saying he was inadequately served court papers because they were 'tossed' at his moving car
▼ + stars: | 2023-05-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

O'Neal was served last month after a three-month chase, according to tweets from a law firm. Shaquille O'Neal is trying to get his FTX lawsuit dismissed, saying the way he was served with papers was "inadequate." "Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house," The Moskowitz Law Firm tweeted on April 17. Representatives for Shaq and The Moskowitz Law Firm did not immediately respond to Insider's request for comment, made outside normal working hours. In November, investors filed a proposed class-action against several celebrities and public figures who endorsed Sam Bankman-Fried's failed FTX.

(Reuters) - A group of at least eight partners has left law firm Lewis Brisbois Bisgaard & Smith, including national labor and employment chair John Barber, to start a new firm. Barber and seven other labor and employment lawyers based in California have left Lewis Brisbois, a firm spokesperson confirmed Monday. Lewis Brisbois co-chairman Bob Smith said in the Sunday statement the firm thanks the lawyers and wishes them well. Lewis Brisbois in February hired a new cybersecurity group, poaching six attorneys from Wilson Elser Moskowitz Edelman & Dicker including co-chair Robert Walker. Read more:44-member Lewis Brisbois cybersecurity team jumps to Constangy firmLaw firm Lewis Brisbois hires cybersecurity co-chair after group departureOur Standards: The Thomson Reuters Trust Principles.

☆ Time for daily talks between Biden, Republicans on debt, moderate Democrat says
▼ + stars: | 2023-04-28 | by ( David Morgan | ) www.reuters.com time to read: +3 min

WASHINGTON (Reuters) - A prominent moderate U.S. House of Representatives Democrat said Friday that it is time for President Joe Biden to begin daily talks with Republicans on government spending and debt, to avoid a calamitous default. REUTERS/Elizabeth FrantzRepresentative Josh Gottheimer rejected Republican demands to raise the $31.4 trillion debt ceiling only in exchange for deep spending cuts. “It’s critically important that all the parties sit down at the White House with the president and start having these conversations. That’s not negotiable,” Biden said on Wednesday, the day House Republicans narrowly passed their own legislation this week to lift the debt ceiling in exchange for sharp spending cuts. Gottheimer said it doesn’t matter whether the debt ceiling is considered together with spending and deficits or looked at separately.

☆ Ivanka Trump distanced herself from her family by hiring her own lawyer for an upcoming lawsuit against the Trump Organization: report
▼ + stars: | 2023-04-27 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Ivanka Trump has hired her own lawyer to represent her in an upcoming $250 million civil lawsuit, per Forbes. She ditched the attorneys representing her brothers — Donald Trump Jr. and Eric Trump. Shortly after the lawsuit was filed in September, the Trump brothers hired attorneys Clifford Robert and Michael Farina to represent them. The following month, Ivanka Trump also retained the attorneys to work alongside two Washington, D.C. lawyers, Reid Figel and Michael Kellogg, whom she had hired separately, per Forbes. Insider contacted Robert, Farina, Figel, Kellogg, Moskowitz, and the Trump Organization for comment but did not immediately receive responses.

☆ Taylor Swift sidestepped FTX lawsuit by asking a simple question—investors can use the same strategy to avoid potential scams
▼ + stars: | 2023-04-20 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

When it comes to making business decisions, Taylor Swift does her due diligence all too well. Before inking the deal, Swift asked FTX representatives a simple question: "Can you tell me that these are not unregistered securities?" Adam Moskowitz, one of the attorneys leading a class-action lawsuit against FTX's celebrity endorsers, said during an episode of "The Scoop" podcast. The lawsuit claims that FTX's high-profile promoters didn't properly research FTX before participating in the "offer and sale of unregistered securities in the form of yield-bearing accounts ('YBAs')." Swift was one of only a few celebrities to question the exchange, Moskowitz says on the podcast.

☆ Taylor Swift didn't sign $100 million FTX sponsorship because she was the only one to ask about unregistered securities, lawyer says
▼ + stars: | 2023-04-19 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Taylor Swift pulled out of a $100 million sponsorship deal with Sam Bankman-Fried's FTX. The lawyer suing other celebrities for promoting FTX says she was the only one to ask about unregistered securities. Taylor Swift managed to avoid signing a $100 million sponsorship deal with FTX because she was reportedly the only celebrity to question the crypto exchange, according to the lawyer handling a class-action lawsuit against several FTX promoters. "The one person I found that did that was Taylor Swift," Moskowitz told The Scoop's Frank Chaparro. "In our discovery, Taylor Swift actually asked them: 'Can you tell me that these are not unregistered securities?'"

☆ Shaq was finally served in FTX lawsuit over the weekend, after a 3-month chase
▼ + stars: | 2023-04-18 | by ( Will Gendron | Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Shaquille O'Neal was finally served in an FTX lawsuit over the weekend following a three month chase. Shaquille O'Neal was served papers over the weekend in a lawsuit involving the fallen crypto firm FTX — after a three month chase, according to a law firm representing investors in the suit. "Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house," The Moskowitz Law Firm tweeted Sunday night. O'Neal had evaded getting served the lawsuit for three months, according to additional tweets from the law firm. Following the collapse of FTX, O'Neal tried to separate himself from the fiasco, noting to CNBC that he was "just a paid spokesperson."

☆ Shaq is finally served in FTX investor suit, lawyers say
▼ + stars: | 2023-04-17 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

New York CNN —After months of attempting to serve Shaquille O’Neal in a lawsuit against celebrities who endorsed the now-bankrupt FTX crypto platform, lawyers for a group of FTX investors said they finally succeeded on Sunday. “Plaintiffs in the billion $ FTX class action case just served @SHAQ outside his house,” the Moskowitz Law Firm tweeted. O’Neal was the last of the celebrities in the class-action suit to be served a legal notice, according to court documents. FTX collapsed into bankruptcy on November 11 after depositors and investors yanked their money amid concerns about the platform’s balance sheet. Bankman-Fried, who was arrested in December and is out on house arrest, has pleaded not guilty to 13 counts of fraud and conspiracy.

☆ 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.

☆ Disneyland reopens Toontown, designed to be inclusive of 'every single guest'
▼ + stars: | 2023-03-17 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Parkgoers at Disneyland in Anaheim, California, will finally be able to return to Mickey's Toontown this weekend after a yearlong closure for refurbishment. The reimagined Toontown honors the space that first opened in 1993, keeping existing structures like Mickey and Minnie's houses in tact, albeit with a paint touch-up. But there's also quite a bit of new infrastructure for kids to explore — with an eye toward inclusivity. "We wanted Toontown to not only be exciting, but also decompressing and relaxing and welcoming." With that in mind, the Imagineers have introduced more green spaces within the land, places to have picnics, sit and unwind, or play freely.

☆ Amazon, Etsy, eBay, and Shopify sellers feel the squeeze of higher fees. Now they must get creative to stay profitable.
▼ + stars: | 2023-03-17 | by ( Madeline Stone | ) www.businessinsider.com time to read: +7 min

Etsy, eBay, Amazon, and Shopify have all raised fees for sellers in recent months. Amazon has also steadily raised fees for its Fulfillment by Amazon service since 2020. But he says things have gotten progressively more difficult in the last year as sales and traffic declined, inflation has squeezed his margins, and eBay has raised fees. Courtesy of Elizabeth MorganElizabeth Morgan, who sells handmade earrings on Etsy, said that she raised her prices by about 5% after Etsy raised fees last year. The Etsy fee hike has been more impactful, however.

☆ Etsy COO Raina Moskowitz On Getting Outside Her Comfort Zone
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEtsy COO Raina Moskowitz On Getting Outside Her Comfort ZoneMoskowitz encourages win to be bold and raise their hands for the projects they are interested in. NBCU celebrates Women's History Month with the Women's Herstory campaign.

☆ Top analysts are bullish on these five stocks in uncertain times
▼ + stars: | 2023-03-12 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are five stocks to weather the storm, according to Wall Street's top professionals on TipRanks, a platform that ranks analysts based on their past performance. Despite the ongoing pressures, cloud-based data warehouse company Snowflake (SNOW) delivered upbeat quarterly results. The company's fiscal 2023 fourth-quarter results missed expectations due to macro pressures, higher costs, supply chain issues and increased promotional activity. TD Cowen analyst Shaul Eyal remains bullish about Zscaler and reiterated a buy rating with a price target of $195 following the results. (See Zscaler Hedge Fund Trading Activity on TipRanks) Eyal holds the 15th position among more than 8,000 analysts on TipRanks.

☆ Salesforce follows Microsoft in launching A.I. tools for salespeople with help from OpenAI
▼ + stars: | 2023-03-07 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

The company said Tuesday that it will release software incorporating artificial intelligence to help salespeople, customer service agents and marketers do their jobs. Salesforce is calling the offering Einstein GPT, drawing on OpenAI's technology that's taken the tech industry by storm since the Microsoft-backed startup opened ChatGPT to the public in November. These AI models sometimes display incorrect information, prompting companies that sell to big businesses and governments to proceed carefully. Like Salesforce, Microsoft is trying to keep the spread of incorrect information to a minimum as it brings AI features to its competing Dynamics 365 software. Salesforce is also touting a new ChatGPT app for Slack that can display information derived from Salesforce.

☆ Etsy COO Raina Moskowitz
▼ + stars: | 2023-03-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEtsy COO Raina MoskowitzEtsy COO Raina Moskowitz reflects on her own journey this Women's Heritage Month and encourages other women to be bold.

☆ Salesforce faces an underappreciated risk: Platform customers jumping ship like Veeva
▼ + stars: | 2023-03-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Veeva built its core software on top of Salesforce's app-development platform, but that will be coming to an end in 2025. Peter Gassner, Veeva's founder and CEO, ran the Salesforce platform before starting Veeva in 2007. "Peter has been an outstanding CEO," Benioff was quoted as saying in 2017, as the two companies deepened their partnership. The agreement between the companies holds that Veeva is on the hook to pay Salesforce as Veeva customers use Salesforce's platform — and costs have risen as more people have come to rely on Veeva. But it has grown into a profitable publicly traded software company with $2 billion in annual revenue and a $28 billion market capitalization.

☆ Watch CNBC's full interview with Mizuho's Greg Moskowitz and CNBC's Steve Kovach
▼ + stars: | 2023-03-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mizuho's Greg Moskowitz and CNBC's Steve KovachMizuho's Greg Moskowitz and CNBC's Steve Kovach join 'Power Lunch' to discuss Salesforce's earnings results and whether the company's successful quarter will keep activist investors at bay.

☆ Nobody was expecting a 27% margin guide from Salesforce, says Mizuho's Greg Moskowitz
▼ + stars: | 2023-03-02 | 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 EmailNobody was expecting a 27% margin guide from Salesforce, says Mizuho's Greg MoskowitzMizuho's Greg Moskowitz and CNBC's Steve Kovach join 'Power Lunch' to discuss Salesforce's earnings results and whether the company's successful quarter will keep activist investors at bay.

☆ Top Wall Street analysts are bullish on these 5 stocks
▼ + stars: | 2023-02-19 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performances. Santarelli also noted that the stock's valuation is reasonable, as the company is still in the early stages of the Macao recovery cycle. (See Wynn Blogger Opinions & Sentiment on TipRanks) Santarelli's recommendation is worthy of consideration as he ranks 26th among more than 8,000 analysts tracked by TipRanks. (See CMG Insider Trading Activity on TipRanks)Meta PlatformsSocial media behemoth Meta Platforms (META) is next on our list. Moskowitz holds the 236th position among more than 8,000 analysts on TipRanks.

☆ A Jewish congressman says Twitter has become a 'hate-filled playground for Nazis and antisemites'
▼ + stars: | 2023-02-13 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

A Jewish congressman spoke out against antisemitism on Twitter at a House Oversight hearing last week. "Twitter has become a hate-filled playground for Nazis and antisemites," Moskowitz told CNN. "What happened on Twitter directly after the hearing proves my exact point that antisemitism is real and Twitter has become a hate-filled playground for Nazis and antisemites," Moskowitz told CNN. This includes dozens of Twitter users posting pictures of Holocaust denier Nick Fuentes with the caption "You are Jewish." One Twitter user said in response to that video: "You are the reason anti-semites exists.

☆ Boies, co-counsel move to grab control of all private FTX cases
▼ + stars: | 2023-02-13 | by ( Alison Frankel | Thomson Reuters | Alison Frankel Has Covered High-Stakes Commercial Litigation As A Columnist For Reuters Since A Dartmouth College Graduate | ) www.reuters.com time to read: +7 min

Judicial Panel on Multidistrict Litigation, that the judge overseeing their Miami cases, U.S. District Judge Michael Moore, has already proven in their brand ambassador cases that he can steer FTX cases quickly and efficiently. Not everyone pursuing claims on behalf of FTX customers agrees with Boies and Moskowitz. (To be clear, these private cases are different from cases that could be brought by a court-appointed receiver or trustee in FTX’s Chapter 11 bankruptcy.) If the cases go to California, the California slate is a likelier candidate. It will be a few months before any ruling on the Boies and Moskowitz consolidation petition.

Under Musk’s leadership, Twitter has slashed its staff, relaxed some of its content moderation policies and reinstated a number of incendiary accounts that were previously banned. Those moves raised concerns that Musk’s Twitter could contribute to a rise in public displays of hate and antisemitism offline. Musk, however, has repeatedly pushed back at claims that hate speech is rising on the platform. Twitter, which eliminated much of its public relations team during last year’s layoffs, did not immediately respond to a request for comment. “With this direct and heightened threat environment in mind, how will you work with other stakeholders to combat the rise of antisemitism on Twitter?,” Moskowitz concludes in his letter to Musk.

WASHINGTON — A top Republican who negotiated the bipartisan gun law that passed last year said he doesn't expect to see new legislative action on gun violence despite the recent mass shootings in California. Asked whether the House intends to take up legislation to combat mass shootings, House Speaker Kevin McCarthy, R-Calif., gave no indication that it would. Biden negotiated the assault weapons ban of 1994, which expired in 2004. “It’s time we pass an assault weapons ban in this country. I’m the author of the assault weapons ban in 1994.

☆ Microsoft's AI push has some analysts raving about the stock even after lackluster earnings
▼ + stars: | 2023-01-26 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Microsoft 's earnings report earlier this week was largely considered dissatisfying to analysts. The company beat analyst expectations on per-share earnings while missing analysts' revenue estimate in its fiscal second quarter , Refinitiv data shows. But analysts who cover the stock weren't entirely beating up on it, pointing to AI as a bright spot in the earnings report. Analysts and company management have argued AI will improve existing products such as Azure and Bing. He said AI company Nvidia will have "derivative focus," while Arista Networks is well positioned as AI's fabric gets expanded.

Search resuls for: "Moskowitz"

25 mentions found