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☆ A former Vice exec is launching an AI platform that can visualize entire stories, scripts, or poems from the text
▼ + stars: | 2023-11-16 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

He started Lore Machine with Moises Sanabria, the company's chief prompt officer, and Kutlu Mizrak, who is in charge of natural-language processing. Lore Machine turns text stories into images, ensuring consistency in style for the different characters, locations, and recurring elements. Stable Diffusion vs Midjourney) depending on their preferences and their values. Lore Machine is currently in beta, and being used by screenwriters, artists, novelists, graphic novelists, and animators, with a waitlist of over 12,000, the company said. Campion said he expects Lore Machine to be publicly available in early 2024.

Persons: Thobey Campion, Campion, Moises Sanabria, Kutlu Mizrak, Machine's, it's, Phil Gelatt, Lore Machine's, Lore, Samuel T Organizations: Business, Machine, Hollywood, Lore Machine

☆ Social and influencer-marketing agency The Fifth, part of Murdoch's News Corp, is shutting down its UK talent division
▼ + stars: | 2023-11-14 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

The Fifth, a social-creative agency originating in the UK, is shutting down its talent-management arm in the country, the company confirmed to Business Insider. The company is part of News UK, a media conglomerate that operates news outlets like The Times, The Sunday Times, and The Sun. The Fifth was founded in 2019 by Oliver Lewis, formerly News UK's director of digital strategy and partnerships, and The Fifth's talent division was launched a year later. Citing changes in the UK market, the company said it had decided to focus its efforts on the social-creative and influencer-marketing side of the business. Do you work at The Fifth or other talent management firms in the UK or have insight to share?

Persons: Oliver Lewis, It's, Dan Wang Organizations: Business, News UK, Times, Sunday Times, Sun . News, Rupert Murdoch's News Corp, Eurostar, BareMinerals, Columbia Business School

☆ Liverpool's Diaz meets father first time since latter's kidnapping
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +1 min

[1/4] Luis Manuel Diaz, father of Liverpool player Luis Diaz, arrives to attend a thanksgiving mass at Santa Marta church, after he was freed by Colombia's National Liberation Army (ELN), in Barrancas, Colombia November 12, 2023. NO ARCHIVES Acquire Licensing RightsNov 14 (Reuters) - Liverpool and Colombia winger Luis Diaz has reunited with his father for the first time since the latter's kidnapping ordeal, the Colombian football federation said on Tuesday. Luis Manuel Diaz, 58, was released on Thursday by the leftist National Liberation Army (ELN) 12 days after he was taken hostage on Oct. 28 in Barrancas, a rural municipality where he lives in the northern province of La Guajira. The Colombian FA shared pictures of the father and son's emotional reunion on X, formerly known as Twitter, with the caption "we are family." Diaz's father has said he would remain in Colombia despite his difficult kidnapping experience.

Persons: Luis Manuel Diaz, Liverpool, Luis Diaz, Chiranjit, Christian Radnedge Organizations: Colombia's National Liberation Army, REUTERS, Colombian, National Liberation Army, Liverpool, Sunday's Premier League, Brentford, Brazil, Colombian FA, Thomson Locations: Santa Marta, Barrancas, Colombia, Liverpool, La Guajira, Bengaluru

☆ I went to Logan Paul and KSI's Prime pop-up, where everything was gold and fans lined up down the block to try to win a $500,000 bottle
▼ + stars: | 2023-11-13 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

To celebrate the sale of its billionth bottle, Prime opened two limited stores in London and NYC. The stores was gold themed, and included the chance to win a $500,000 gold Prime bottle. In New York, where Logan Paul was running operations at the local Prime store, the matching gold bottle was recorded melting, as there could only be one winner. For example, visitors of the Prime London store received a gold bottle with a custom flavor and the words "London 1,000,000,000" printed on it. Now, the gold Prime bottle can be found for sale on the Central Sweet Supply website for £139.99 (about $171).

Persons: YouTubers KSI, —, YouTube megastars Logan Paul, It's, Logan Paul, Ellie Whitby, Emanuele Maccotta, she'd, Steve Cooper, Cooper Organizations: Service, YouTube, Prime London, London Prime, Sweet Supply, Central Sweet Supply Locations: Logan, London, New York City, New York, Whitby

☆ Iceland issues state of emergency and closes world-famous Blue Lagoon over fears of a volcanic eruption
▼ + stars: | 2023-11-11 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

Iceland has declared a state of emergency due to a high risk of a volcanic eruption. Iceland has seen increased eruptions since 2021, a possible sign of a new era of volcanic activity. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. "The likelihood of a volcanic eruption occurring in the near future is deemed considerable," it adds. As a result of the emergency, the Blue Lagoon, one of Iceland's most popular tourist attractions, which is close to Grindavík, was closed as a precaution.

Persons: Ingibjorg Lilja Omarsdottir Organizations: Service, Icelandic Met, Civil Protection Agency, Geographic, Icelandic Civil Protection Agency, BBC Locations: Iceland, Grindavík, Sundhnjúkagígum, Europe

☆ SpaceX chief told employees to 'focus on your job' for humanity's sake after they raised workplace complaints, report says
▼ + stars: | 2023-11-11 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

SpaceX's COO told employees to "focus on your job" when they raised workplace concerns in 2022. AdvertisementAdvertisementSpaceX COO Gwynne Shotwell told employees in a 2022 email to "focus on your job and the mission of SpaceX — to get humanity to Mars as quickly as possible," after they raised workplace complaints in an open letter, Reuters reported. Shotwell's email was in response to an open letter written by SpaceX employees that criticized the company's dismissive attitude toward employee concerns and inconsistent enforcement of discipline policies, per the report. Nine employees were fired for raising complaints in the letter — and eight of those have since filed unfair labor practice complaints with the National Labor Relations Board. SpaceX's mission "to go to Mars as fast as possible and save humanity permeates every part of the company," Tom Moline, a former SpaceX engineer who was fired after he made workplace complaints, told Reuters.

Persons: Elon, —, Gwynne Shotwell, Tom Moline Organizations: Reuters, Service, SpaceX, National Labor Relations Board Locations: Brownsville , Texas, Hawthorne , California, McGregor , Texas, Brownsville

☆ Tourists are flocking to a strange bubblegum-pink pond in Hawaii
▼ + stars: | 2023-11-11 | by ( Marta Biino | ) www.businessinsider.com time to read: +2 min

AdvertisementAdvertisementTourists have been flocking to a bright pink pond on the island of Maui, in Hawaii, in recent weeks. The pond, called Keālia Pond, has been monitored by the Keālia Pond National Wildlife Refuge since October 30, when its color changed. AdvertisementAdvertisementHalobacteria are "salt-loving organisms found in high salinity water bodies," according to the Fish and Wildlife Service. The Keālia Pond turned pink on October 30, 2023. Bret Wolfe, the refuge manager, told the AP that he's seen an increase in tourist visits since the pink pond first appeared on social media.

Persons: —, Leslie Diamond, Bret Wolfe, he's Organizations: Service, Wildlife Refuge, Fish and Wildlife Service, and Wildlife Service, AP Locations: Maui, Hawaii

☆ Petrobras' five-year plan could include around $100 billion in projects - source
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 10 (Reuters) - Brazil's state-run oil company Petrobras' upcoming five-year business plan will include around $100 billion in investments the firm is both analyzing and those it has already committed to, a source familiar with the matter told Reuters on Friday. The plan for the 2024-2028 period will be finalized over the next few weeks, with publication expected at the end of this month, the source said. In the previous 2023-2027 period, Petrobras projected $78 billion in investments. The figures are still being approved and could change, the source said, with pitched projects including renewable energy investments.

Persons: Sergio Moraes, Marta Nogueira, Steven Grattan, Kylie Madry Organizations: REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, Petrobras, Reuters, Thomson Locations: Rio de Janeiro, Brazil, RIO DE JANEIRO

☆ Citigroup resumes retail banking sale in Poland - Bank Handlowy CEO
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren Acquire Licensing RightsGDANSK, Nov 10 (Reuters) - Citigroup has resumed the process of selling the retail business of Bank Handlowy (BHW.WA) in Poland, Bank Handlowy CEO Elzbieta Czetwertynska said on Friday, adding that talks with interested investors may begin in the next few months. "Citi has resumed the process of selling its retail banking business of Bank Handlowy in Poland ... I expect that talks with interested entities will begin in the coming months," she said during press conference. The plan was first mooted by Citigroup, majority shareholder of Bank Handlowy (BHW.WA), in 2021.

Persons: Chris Helgren, Elzbieta Czetwertynska, Marta Maciag, Alison Williams Organizations: Citigroup Inc, Citi, REUTERS, Citigroup, Bank, Thomson Locations: Toronto , Ontario, Canada, GDANSK, Poland, Bank Handlowy

☆ Rugs That Ripple Like a Stream
▼ + stars: | 2023-11-10 | by ( ) www.nytimes.com time to read: +2 min

When Tina Swedrup, its current co-owner, received his message, “I of course Googled him,” she says. “My motto was ‘keep it simple,’” says Zanini, who counts traditional Swedish rag rugs and the distinctively glazed mid-20th-century pottery by Berndt Friberg among his inspirations. In preparation for the process, Zanini had to handpick threads in 1,800 different hues. The resulting mélange creates the illusion that the stripes are rippling like the surface of a stream. “I thought, ‘It will never match the beauty [Måås-Fjetterström] created in her lifetime,’” says Zanini, whose rugs are available made to order from the company’s permanent collection.

Persons: Marco Zanini’s, “, ”, Halston, Märta, Tina Swedrup, Swedrup, Zanini, Berndt Friberg, ’ ”, ” — Laura May Todd Locations: Italy, Milan, Swedish, Båstad

☆ Why OnlyFans rival Fanvue is betting big on AI influencers, especially for adult content
▼ + stars: | 2023-11-10 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

The Instagram influencer Emily Pellegrini may look like any other creator — but she's not a real person. And she's one of several AI-generated characters who are successfully monetizing their presences on Fanvue, a platform for subscriber-only content similar to Patreon or OnlyFans. But it currently only allows content enhanced or modified with AI if it belongs to a verified OnlyFans content creator — i.e., a real person, according to its community guidelines. The platform is working to introduce a host of capabilities the team calls "Fanvue AI." But both Monange and the creators behind the AI adult-content stars on Fanvue said they are trying to tread carefully.

Persons: Emily Pellegrini, she's, She's, Pellegrini, Will Monange, Monange, it's, Sarah Jordan, There's, Fanvue, Emily Pellegrini's Organizations: Tech

☆ These innovative startups are helping to bring social shopping into the mainstream in the US
▼ + stars: | 2023-11-08 | by ( Marta Biino | Dan Whateley | ) www.businessinsider.com time to read: +2 min

The race to integrate shopping into social media in the US kicked into high gear this year. Big social platforms including YouTube, TikTok, and Pinterest are adding new commerce features at a fast clip. A slew of startups have also been rushing to introduce products and services that help brands, influencers, and — perhaps most importantly — consumers get used to the idea of buying on social media. Some companies, like Whatnot and Flip, are building separate apps for brands and creators to sell products through livestreams. Insider compiled a list of nine startups that are helping creators, brands, retailers, and consumers break into social shopping in the US.

Persons: Max Benator Organizations: YouTube, Ghost Agency Locations: Asia, China

[1/2] Artificial Intelligence words are seen in this illustration taken March 31, 2023. Companies are increasingly using AI to make decisions including about pricing, which could lead to discriminatory outcomes, experts warned at the conference. “We should not underestimate how powerful these models are now and how rapidly they are going to get more powerful,” he said. Developing ever-more powerful AI will also risk eliminating jobs to a point where it may be impossible for humans to simply learn new skills and enter other industries. “Once that happens, I fear that it's not going to be so easy to go back to AI being a tool and AI as something that empowers people.

Persons: Dado Ruvic, ” Gary Marcus, Marcus, Marta Tellado, Anthony Aguirre, ”, –, Anna Tong, Lisa Shumaker Organizations: REUTERS, Reuters NEXT, New York University, Companies, Consumer, Life Institute, Reuters, reuters, Thomson Locations: New York, San Francisco

☆ How European airlines have hedged against fuel price increases
▼ + stars: | 2023-11-06 | by ( ) www.reuters.com time to read: +5 min

Spot Northwest European jet fuel prices were at $950 per metric ton on Monday, up 4% from before the assault. They also try to hedge against value changes in the U.S. dollar, in which jet fuel is priced. JET2 (JET2.L):The British leisure travel company said in July it had 81.8% of fuel hedged over the next 12 months. Lufthansa has hedged 74% of the fuel it expects to need for 2024 at an average price of $951 per ton. WIZZ AIR (WIZZ.L):The Hungarian carrier said in June it had hedged 62% of its 2024 fuel needs and 53% of the dollars it needs for that fuel.

Persons: Toby Melville, Vueling, IAG, Camilla Borri, Louis van Boxel, Woolf, Marta Frąckowiak, Milla Nissi, Edwina Gibbs Organizations: Heathrow Airport, REUTERS, Brent, U.S ., AIR FRANCE, KLM, Reuters, British Airways, LUFTHANSA, Lufthansa, NORWEGIAN AIR, RYANAIR, SAS, Thomson Locations: London, Israel, Ukraine, Franco, Dutch, Iberia, NORWEGIAN, Norwegian, Gdansk

☆ Beach Escape and Birding Bonanza: Find Both on Colombia’s Caribbean Coast
▼ + stars: | 2023-11-03 | by ( Adam H. Graham | ) www.wsj.com time to read: 1 min

WHOEVER SAID a bird in the hand is better than two in the bush hasn’t been to the cloud forests of Colombia’s Sierra Nevada de Santa Marta mountains. As the 7 a.m. light breaks through the canopy near the town of Minca, I spy a keel-billed toucan croaking from a mossy pine tree. A flowerpecker darts around a giant fern, and a pair of military macaws fly in formation overhead. About a dozen species of amethyst, emerald and sapphire hummingbirds hover like bejeweled drones over a marmalade bush. In just 30 minutes, we’ve already seen more than 20 species, most of them “lifers” to me—i.e., birds spotted for the first time.

Persons: Cristian, we’ve Locations: Colombia’s Sierra Nevada, Santa Marta, Minca

☆ How a law firm built almost entirely on social-media platforms like Twitter and LinkedIn has landed over 270 clients
▼ + stars: | 2023-11-02 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

That's the case with SMB Law, a boutique law firm focused on small businesses founded by Eric Pacifici, Kevin Henderson, and Sam Rosati in 2022. The initiative to start SMB Law came from Pacifici. "There's a really robust small-business community on Twitter called SMB Twitter, or SMB X," Pacifici told Insider. "We have product-market fit because we have that community support in building this business," Pacifici said. "I think we've done a good job of using social media to get pretty ingrained in our space, well beyond Twitter," Pacifici said.

Persons: Elon, Eric Pacifici, Kevin Henderson, Sam Rosati, We've, Henderson, it's, Pacifici, Rosati, Eli Albrecht, They're Organizations: SMB Law, SMB, Big Law, Twitter Locations: Pacifici, Evelin Montenegro

☆ Find me a zebra and you can have the job: What it's like to work for top YouTube stars, according to 17 current and former staffers of creators like MrBeast and Kai Cenat
▼ + stars: | 2023-11-01 | by ( Marta Biino | Amanda Perelli | ) www.businessinsider.com time to read: +10 min

Cenat, who is a top Twitch streamer and YouTube creator with millions of subscribers across multiple platforms, was looking for an assistant. Cenat responded to her message, writing that she could have the job if she could get one task done. There's even a job board dedicated to finding work with a YouTube creator: YT Jobs . The staffers ranged from full-time employees to contractors, and they described days filled with unimaginable stunts, inconsistent work hours, varying salaries, and frequent pivoting. "It's like the old adage of, 'If you love what you do, you never work a day in your life.'"

Persons: Brianna Lewis yearned, Kai Cenat's, Cenat, Lewis, She's, Jimmy Donaldson, Preston Arsement, YT, Britt Carter, Kai Cenat, Brianna Lewis, Carter, Drake, Peter Sanjur, Sanjur, Zi Yuan, Yuan, Jason Russak, YouTuber Jesse Riedel, Russak Organizations: Instagram DMs, YouTube, Research, Oxford Economics Locations: Georgia, Charlotte , North Carolina, Atlanta , Georgia, Greenville , North Carolina, Smoky, Japan, Tokyo

☆ Ready to Retire? Consider Your Family First.
▼ + stars: | 2023-10-31 | by ( Joanne Kaufman | ) www.nytimes.com time to read: +1 min

But unable to make a final decision she asked her elder daughter, a college administrator in Richmond, Va., to come north and weigh in. Her daughter did as requested, only to suggest that her parents consider another option altogether: a senior living community in Richmond. “I asked her, ‘Why on earth would I do that?’” recalled Mrs. Genoni, now 79. “And then she told us, ‘Sooner or later one or both of you are going to need an advocate,’” Mrs. Genoni recalled. “‘Why would you make me worry about you from a distance when you could be living near me?’”

Persons: Marta Genoni, Kenneth, “, ’ ”, Genoni, ‘, ’ Organizations: New York City Ballet, New York Philharmonic, ‘ Sooner Locations: Westfield, N.J, Richmond , Va, Richmond, New Jersey

☆ Jennifer Anniston, Matt LeBlanc and rest of ‘Friends’ cast pay tribute to Matthew Perry
▼ + stars: | 2023-10-30 | by ( Eric Levenson | Alli Rosenbloom | ) edition.cnn.com time to read: +9 min

NBC/Getty Images Perry, pictured circa 1985, developed an interest in acting after moving to Los Angeles when he was a teen. ABC/Disney Entertainment/Getty Images Perry co-starred in "Friends" with Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox and Jennifer Aniston. NBC/Getty Images Perry and Cox appear on "The Tonight Show with Jay Leno" in 1996. NBC/Getty Images Perry co-stars with Salma Hayek in the 1997 romantic comedy film "Fools Rush In." Julia Weeks/AP Perry enters the stage for a conversation with editor Matt Brennan during the Los Angeles Times Festival of Books in Los Angeles in 2023.

Persons: ”, Matthew Perry, Jennifer Aniston, Courteney Cox, Lisa Kudrow, David Schwimmer, Matt LeBlanc, Matthew, ” Perry, Chandler Bing, Perry, Michael Ochs, Christina Applegate, Martha Plimpton, Cox, Jay Leno, Salma Hayek, Michael Clarke Duncan, Warner, Monica, Danny Feld, Joe Quincy, Amy Stewart, Richard Schiff, Milo O'Shea, Kelly Reilly, Toby Melville, Reuters Perry, Merv Griffin, Jean, Paul Aussenard, LeBlanc, Mark J, Terrill, John Inwood, Zach Braff, John C, McGinley, Mitch Haddad, Amanda Peet, Bruce Willis, Everett, Chris Pizzello, Phil McCarten, Tom Williams, Lindsay Sloane, Michael Yarish, Ted Kennedy, James Corden, Terence Patrick, Julia Weeks, Matt Brennan, Dania Maxwell, HBO Max, “, Marta Kauffman, David Crane, Kevin Bright, Matthew’s, ’, Perry’s, Aniston, wasn’t, CNN’s Taylor Romine, Josh Campbell, Cheri Mossburg, Dan Heching, Lisa Respers Organizations: CNN, NBC, Getty, Michael Ochs Archives, Limelight, ABC, Disney Entertainment, Columbia, Warner Brothers, Bank, Comedy Theatre, Reuters, Merv Griffin Beverly Hills Country, Actors Guild, Guild of America, Los Angeles Dodgers, Capitol, National Association of Drug, Inc, CBS, Los Angeles Times Festival of, Los Angeles Times, HBO, Los Angeles Fire Department, Firefighters, Los Angeles Police Department, Angeles, Medical, Entertainment Locations: Los Angeles, Williamstown , Massachusetts, New York City, British, Chicago, London, Canada, Lisa Respers France

The stars of “Friends” say they are mourning the “unfathomable” death of Matthew Perry. “We are all so utterly devastated by the loss of Matthew,” Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc, and David Schwimmer said in a joint statement to People on Monday. For now, our thoughts and our love are with Matty’s family, his friends, and everyone who loved him around the world.”It was the first public statement on Perry's death from Aniston, Cox, Kudrow, LeBlanc or Schwimmer. Others public mourning Perry on Monday included Salma Hayek, his co-star in the 1997 rom-com “Fools Rush In,” which Perry had said was probably his best film. Morgan Fairchild, who played mother to Perry's Chandler Bing on the show, and Maggie Wheeler, who played Chandler's sometime girlfriend Janice, gave similar sentiments.

Persons: Matthew Perry, “, Matthew, ” Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc, David Schwimmer, Perry, Aniston, Cox, Kudrow, LeBlanc, Schwimmer, Salma Hayek, “ It’s, ” Hayek, ” Perry, ”, Marta Kauffman, David Crane, Morgan Fairchild, Perry's Chandler Bing, Maggie Wheeler, Chandler's, Janice Organizations: NBC, Los Locations: Los Angeles, Los Angeles County, ”, New York

☆ Barcelona museum throws open its doors to nudist visitors
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +1 min

The Museum of Archaeology of Catalonia held the 90-minute tour in collaboration with the Catalan Naturism Club. Visitors viewed the Bronzes of Riace exhibition of Luigi Spina's photographs depicting two large Greek bronze statues of naked warriors from the 5th century BC that were discovered in 1972 near Riace, Italy. "We wanted to make it a more colourful visit and not the typical guided tour," said guide Edgard, who also went clothes-free. "We wanted people who came to see it to feel exactly the same as the work they were looking at". Reporting by Nacho Doce; Writing by Jessica Jones; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Luigi Spina’s, Luigi Spina's, Edgard, Marta, Nacho Doce, Jessica Jones, Hugh Lawson Organizations: Archaeology Museum, Catalonia, Archaeology, Catalan, . Visitors, Thomson Locations: Barcelona, Spain, BARCELONA, Catalonia, Riace, Italy

CNN —The body of “Friends” star Matthew Perry is now with the Los Angeles County Medical Examiner’s Office and an autopsy is pending, according to online records from that agency. No foul play is suspected, a law enforcement source told CNN, however, the incident remains under investigation by the Los Angeles Police Department Robbery-Homicide Division. Los Angeles Fire Department spokesman Brian Humphrey told CNN a 911 call came in Saturday at 4:07 p.m. for a water rescue emergency. Perry, 54, was found unresponsive in his hot tub, according to the Los Angeles Times, citing law enforcement sources. Jennifer Aniston, Lisa Kudrow, Courteney Cox, David Schwimmer and Matt LeBlanc co-starred alongside Perry on “Friends,” which ran from 1994 to 2004.

Persons: Matthew Perry, Brian Humphrey, Perry, John Bennett Perry, Suzanne Morrison, Keith Morrison, Perry’s, ” “ Matthew, “, ‘, ”, Tom Power, Jennifer Aniston, Lisa Kudrow, Courteney Cox, David Schwimmer, Matt LeBlanc, Marta Kauffman, David Crane, Kevin Bright, Matthew’s, Chandler Bing Organizations: CNN, Los Angeles, Los Angeles County Medical, Office, Los Angeles Police Department, Los Angeles Fire Department, LAPD, Los Angeles Times, Dateline Locations: Los Angeles County

☆ Poland's Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans
▼ + stars: | 2023-10-27 | by ( Marta Maciag | ) www.reuters.com time to read: +3 min

A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland April 28, 2016. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsGDANSK, Oct 27 (Reuters) - Poland's Bank Millennium (MILP.WA) aims to conclude 1,000 settlements every quarter with customers regarding Swiss franc loans, Chief Executive Joao Bras Jorge said on Friday. Last year the Polish government introduced a so-called credit vacation to help borrowers deal with higher interest rates in Poland. Bank Millennium, majority owned by Portugal's Millennium bcp (BCP.LS), said it will not propose a dividend for 2023. Bank Millennium posted a third quarter net profit of 103 million zlotys ($24.40 million), reversing a 1 billion zloty loss a year earlier.

Persons: Kacper, Joao Bras Jorge, Jorge, Fernando Bicho, Bicho, Marta Maciag, Adrianna Ebert, Anna Banacka, Susan Fenton Organizations: REUTERS, Swiss, Bank, Portugal's, Thomson Locations: Warsaw, Poland, GDANSK, Switzerland

Creator finance startup Karat Financial laid off staffers this month, four people familiar with the matter said. The cuts came a few months after the company raised $70 million in new funding. Karat declined to comment. The creator finance startup Karat Financial laid off staffers this month, four people familiar with the matter told Insider. The startup, which provides financial services such as taxes and bookkeeping for creators, was founded in 2019 by Eric Wei and Will Kim.

Persons: Eric Wei, Will Kim

☆ How TikTok helped a collectibles company make $19 million in sales of trading cards, memorabilia, and more
▼ + stars: | 2023-10-26 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

The pandemic accelerated sales, and since then, McGuckin has made TikTok the focus of his e-commerce efforts. That decision has proven fruitful, especially since the introduction of TikTok Shop, the platform's e-commerce solution that allows users to purchase items directly from the app. Dappz Sports has had a years-long relationship with the social-media giant and has been beta testing TikTok Shop since 2022. This is just the beginning of TikTok Shop. Dappz SportsCombining livestreaming and short-form content is McGuckin's key to successMcGuckin said his strategy for sales on TikTok combines livestreaming with short-form content.

Persons: Matt McGuckin, TikTok, McGuckin, they'll, They'll, Micah Parsons, Bobby Witt Organizations: Sports, Amazon, Dappz Sports, National Sports Collectors Convention, Dallas Cowboys, Melrose Locations: Instagram, TikTok, New York, Texas, Los Angeles

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