DIRS.INFO The most relevant business & tech news

☆ We got rid of our third bedroom to make the primary one bigger. We still regret having our kids share a room 7 years later.
▼ + stars: | 2024-12-16 | by ( Kimberly Rex | ) www.businessinsider.com time to read: +4 min

Seven years ago, we took our ranch from three bedrooms to two to make the primary bedroom bigger. My daughters' sharing a room has led to little space, lots of clutter, and constant arguments. Half of that space went to our primary, and the rest was joined with the other remaining bedroom, creating an 11-by-12-foot space for our daughters to share. For me, the only logical solution was to make our bedroom bigger and have our kids share a room. My daughters' bedroom issues aren't the only reason we're doing so, but they're definitely a contributing factor.

Persons: We've, didn't, Daniel Cortez, they're, they'll, —

☆ Broadcom jumps 9%, extending record run as Goldman expresses 'higher conviction'
▼ + stars: | 2024-12-16 | by ( Ari Levy | ) www.cnbc.com time to read: +1 min

Goldman Sachs analysts, who recommend buying Broadcom shares, lifted their 12-month target to $240 from $190, citing additional large customers for custom silicon. Broadcom shares are now up almost 120% for the year, reaching a high for $245.29 on Monday. Broadcom refers to its custom AI accelerators as XPUs, which are different than the GPUs Nvidia sells. Broadcom said it doubled shipments of XPUs in the quarter to "our three hyperscale customers." The company does not name the customers, but analysts say the three are Meta, Alphabet and TikTok parent ByteDance.

Persons: Broadcom's, Goldman Sachs, Truist Organizations: Wall, Broadcom, VMware, Barclays, Nvidia, Nasdaq Locations: XPUs

☆ Why Store Aisles Filled With Boxes Are a Sign of the Retail Apocalypse
▼ + stars: | 2024-12-16 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

The good store is clean — the floors are swept, aisles open, merchandise in its place. They've walked into a local dollar store or pharmacy or department store and wondered whether there's been an explosion. Stuff spilling into aisles used to be a somewhat isolated problem, the sign of a particularly poorly run store. Gone are the days when supercheap labor made adequate levels of store staffing easy, though I will note that Robyn makes just over $9 an hour and Stephanie about $15.50. If it's no longer cheap or convenient to pop by the dollar store or drug store, what's the point?

Persons: Robyn, she's, Rather, they're, They've, there's, Neil Saunders, they'll, Saunders, it's, Duane Reade, It's, Long, Jason Goldberg, Stephanie, They'd, we've, they've, Claire Tassin, Tassin, you'll, Goldberg, something's, Sharmila Chatterjee, Cynthia, Stuff's, Emily Stewart Organizations: It's, Walmart, Groupe, Shipping, Walgreens, CVS, Morning, Target, MIT Sloan School of Management, Consumers, Business Locations: West Texas, Florida, Virginia

☆ Morgan Stanley names 7 beneficiaries of Amazon AWS’ new Trainium 2 AI chip
▼ + stars: | 2024-12-16 | by ( Ganesh Rao | ) www.cnbc.com time to read: +1 min

Morgan Stanley has identified the companies that are set to benefit from Amazon 's launch of its new artificial intelligence chip. The Big Tech giant's cloud computing division Amazon Web Services launched its Trainium 2 AI chip earlier this month. AWS hopes these chips will help it diversify away from Nvidia , its primary AI chip supplier. Morgan Stanley believes seven companies, all based in Taiwan, are expected to be "major beneficiaries" of a widespread deployment of AWS' new chip. They are expected to be built by chipmaker TSMC and will be designed by Taiwanese firm Alchip , according to Morgan Stanley analyst Charlie Chan.

Persons: Morgan Stanley, Hai, King, chipmaker TSMC, Charlie Chan, — CNBC's Michael Bloom Organizations: Amazon, Big, Amazon Web Services, Nvidia, Big Tech, Microsoft, Google, Nvidia's, AWS, Gold Circuit Electronics, Asia Vital, Delta Electronics Locations: Taiwan, Asia

☆ The median renter in America has a net worth of $10,400. The median homeowner’s net worth is $400,000
▼ + stars: | 2024-12-16 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

Existing homeowners in America have seen their wealth on paper explode as home prices have surged across the country. A recent report from the Aspen Institute highlights the gaping wealth chasm that has formed between homeowners and renters in America. The median homeowner in America has a net worth of $400,000 as of 2022, the most recent data available, while the median renter’s net worth is just $10,400, according to the report. At the same time, the days of sub-4% mortgage rates appear to be in the rear view window after the Federal Reserve began hiking interest rates to tackle inflation in 2022. Skyrocketing home prices aren’t the only barrier to entry: Mortgage rates remain persistently high.

Persons: Elizabeth Grantham, ” Grantham, “, it’s, haves, Grantham, We’ll, ”, Jordan Swanson, Freddie Mac, Katherine Lucas McKay, Decisionmaking —, ” McKay, Brandon Bell, —, McKay, Shane Phillips, don’t, There’s Organizations: CNN, San Francisco Bay Area, Aspen Institute, National Association of Realtors, Federal Reserve, Aspen Institute’s Financial Security, Aspen, Federal Reserve’s Survey, Consumer Finances, Survey, Household Economics, Getty, UCLA Lewis Center for Regional Policy Studies Locations: San Francisco Bay, Washington, America, Tacoma , Washington, Seattle

Sen. Thom Tillis, R-N.C., on Sunday blasted those who have promised to fund primary challenges against Republican Senators who oppose President-elect Donald Trump's cabinet picks, calling them "political opportunists." "Here’s what I would tell them: if they really support President Trump’s nominees they should stand down and let the nominees win on their own merits, and I think most of them will." Tech billionaire Elon Musk spent more than $250 million in support of Trump's re-election bid. If you vote against any of Trump’s nominees a primary challenge wouldn’t be hard," Kirk wrote in a post on X. Tillis on Sunday downplayed the hesitation of some GOP senators who haven't publically supported each of Trump's nominees yet, including Patel and Hegseth.

Persons: Sen, Thom Tillis, Donald Trump's, Tillis, ”, doesn't, Trump’s, Elon Musk, Trump's, Tulsi Gabbard, Trump, Robert F, Kennedy Jr, Allison Robbert, Musk, Charlie Kirk, Mike Rounds, Kash Patel, Rounds, Kirk, Joni Ernst, Pete Hegseth's, Ernst, Lindsey Graham, Lindsay Graham, Pete Hegseth, Ryan Walker, Graham, Kristen Welker, " Tillis, haven't, Patel, “ Kash Patel, ” Tillis, you’re, ” Spokespeople Organizations: Sunday, Republican, Fox News, Republican Party, Trump, Democratic, National Intelligence, Department of Health, Human Services, Tech, Republicans, FBI, Defense Department . Grassroots, Heritage, North Carolina Republican, NBC, Press, GOP Locations: Iowa, Alaska , Maine , Louisiana , Iowa, North Carolina , Kentucky , Indiana , Utah, South Dakota, Trump

☆ Meet the Press – December 15, 2024
▼ + stars: | 2024-12-15 | by ( ) www.nbcnews.com time to read: +53 min

SEN. LINDSEY GRAHAM:Yeah, I'm in a good place with Pete, unless something I don't know about comes out. Unless somebody is willing to come forward, I think he's going to get through. If he's, if he’s called to do something, he's going to do it, all the way. So I – I think he's going to have a hard time doing this. He was very clear, “no,” when I asked him should President-elect Trump, his administration, jail the January 6th committee members.

Persons: KRISTEN WELKER, Chris Wray, he’ll, Donald Trump's, Kash Patel, KASH PATEL, SEN, LINDSEY GRAHAM, AMY KLOBUCHAR, Biden, ANITA DUNN, Lindsey Graham of, Bernie Sanders, Bashar al, Assad, there’s, Austin Tice, PRES, JOE BIDEN, Debra Tice, Ryan Nobles, Amna Nawaz, Ashley Etienne, Harris, Peggy Noonan, It’s, Kristen Welker, Trump's, Trump, Pete Hegseth, Tulsi Gabbard, Hegseth, Joni Ernst, PETE HEGSETH, THOM TILLIS, LISA MURKOWSKI, Hunter Biden, Anita Dunn, Christopher Wray, CHRISTOPHER WRAY, I’d, FBI Hoover, Patel, Graham, SEN.LINDSEY GRAHAM, Bashar Al Assad, “, King, Jordan, Pete, ‘, Kavanaugh, Justice Kavanaugh, we're, I've, He's, We’ll, he's, Lisa Murkowski, Thom Tillis, Donald Trump, LINDSEY GRAHAM Well, J, Edgar Hoover, Comey, – SEN, –, you've, Stephen Miller, President Trump, Merry, Sanders, Press . SEN, BERNIE SANDERS, It's, ? SEN, Kristen, Lindsey Graham, Biden's, Hunter, DAVID MUIR, Will, Kristen –, Putin, Brian Thompson, Elizabeth Warren, ELIZABETH WARREN, Warren, ”, Elizabeth –, There's, Am, Yep, ” KRISTEN WELKER, We're, We'll, Austin's, Tice, DEBRA TICE, Austin, NBC News's Richard Engel, Sahar, Richard, we’re, They've, they're, we've, Richard Engel, Travis Timmerman, it's Austin, it's, Travis, let's, he’s, Kristine, Bill Clinton, Roger, Joe Lieberman, JOE LIEBERMAN, there's, TIM, You'll, Kamala Harris, ” Peggy, Ryan, RYAN, Matt Gaetz, Robert F, Kennedy Jr, Amna, – AMNA NAWAZ, AMNA NAWAZ, Wray, Peggy, PEGGY NOONAN, sparky, Ashley, ASHLEY ETIENNE, Tulsi Gabbard's, I'm, Joe Biden, Gaetz, – KRISTEN WELKER, – there's Organizations: FBI, Trump, White, Vermont, NBC, Capitol Hill, PBS, Wall Street, Press, Capitol, Army - Navy, Fox News, Iowa, Senate, Republican, TRUMP, ISIS, Defense, intel, United States Senate, Press ., Justice Department, ?, Biden, FDR, RFK Jr, State Department, Austin, U.S, Hostage, NBC News, Wall Street Journal, America, Republican Party, Department of Health, Human Services, RFK, Bureau, Democrats Locations: Lindsey Graham of South Carolina, Syria, Washington, U.S, America, Europe, Saudi Arabia, UAE, Israel, United States, Turkey, Afghanistan, Russia, Russian, Vermont, New Jersey, East Coast, American, Damascus, Austin, Lebanon, –

He became the paper’s primary photojournalist in 1964, when Greenwich Village was the epicenter of the artistic and cultural community — and arguably the unofficial headquarters of the country’s nascent gay rights movement. “He was always tuned in to what was happening in the Village, but then that expanded to all of New York,” Kushner said. Marsha P. Johnson at the fourth annual Christopher Street Liberation Day march in New York on June 24, 1973. McDarrah was also always around the Greenwich Village neighborhood, which helped. “He used to take his kids to the Factory, to Andy Warhol’s Factory, and they’d babysit for him,” Kushner added.

Persons: ”, Marilyn Satin Kushner, ” Kushner, “, McDarrah, Julius ’, York City’s, Marsha P, Johnson, Fred W, Allen Ginsberg, he’s, ” Ginsberg, Andy Warhol, Candy Darling, James Baldwin, Susan Sontag, Andy Warhol’s, they’d babysit, Robert F, Kennedy, Bob Dylan, Donald Trump, He’s, Ginsberg, Jack Kerouac, William S, Burroughs, Gloria, McDarrah —, Kushner Organizations: York, Village, Christopher, Greenwich Village, Stonewall, Washington, New York University Locations: United States, Brooklyn, Greenwich, New York, Stonewall, Vietnam

Although Democrats were wrecked up and down the ballot in Pennsylvania, Casey doesn’t think the party needs to rip up its playbook. In fact, he thinks the factor that will help them the most is not having to face Trump on the ballot again. But obviously, for probably a variety of reasons, President Trump had his strongest performance ever in Pennsylvania of the three races and got about 50%. I don’t think that’s accurate, but that’s the perception that people had, and that if he was able to achieve that once, he could do it again. And at the time, President Trump was very clear about that.

Persons: Democratic Sen, Bob Casey, Dave McCormick, Casey, McCormick, Donald Trump, Casey doesn’t, Trump, “, they’ve, ”, what’s, CASEY, that’s, …, Biden, It’s, I’ve, Vladimir Putin, I’m, Sen, Cornyn, —, … I’ve, Sherrod Brown, won’t, Nixon, Reagan, you’ve, There’s, Biden’s Organizations: Democratic, Republican, Democratic Senate, Keystone State, Democrats, NBC News, NBC, National Defense, Senate, Trump, Mar, Affordable, American Locations: Keystone, Pennsylvania, Ukraine, United States, China, Texas, Ohio, Washington

☆ Gig drivers say the job is getting less profitable. There are few other comparable options.
▼ + stars: | 2024-12-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Some drivers for gig platforms like Uber and DoorDash say it's become harder to make money. Additionally, people are still making money from the gig platforms: The share of Bank of America customers receiving income from gig work platforms has hovered between roughly 3% and 4% since early 2021. Experts told BI it's difficult to estimate the number of US-based gig drivers across the different platforms. Part-time drivers could be more willing to tolerate lower pay — some extra cash might be better than none, he added. AdvertisementGig workers are looking elsewhere for better earningsExperts told BI that with few comparable options in the gig economy, drivers may have to get creative.

Persons: Andrew Garin, Garin, that's, DoorDash, Uber, Aaron Lavender, Jason D, it's, he's, Lindsay Cameron, —, Cameron, she's, Nicole Moore, Sergio Avedian, Guy, Avedian, He's Organizations: Carnegie Mellon University's Heinz, Amazon, Rover, Bank of America, Wharton School, University of Pennsylvania, Drivers Locations: Canada, Colorado, Phoenix, Cleveland, Los Angeles

☆ The Spanish Aristocrats Fighting Over the Priceless Family Inheritance
▼ + stars: | 2024-12-15 | by ( Matthew Bremner | ) www.businessinsider.com time to read: +29 min

In happier times, the room had been used for receiving dignitaries who visited the Duke's mother, Luisa Isabel Álvarez de Toledo. Celebrated as the "Red Duchess," Luisa Isabel was a socialist-minded, fascism-battling aristocrat beloved by ordinary Spaniards. In 1955, only 18 years old and already pregnant with Leoncio, Luisa Isabel married José Leoncio González de Gregorio, a nobleman from Soria. After giving birth to Gabriel, family lore has it that she handed him to the nurses and declared she had fulfilled her role as a woman. "Someone in the household said she was our mother," Gabriel recalls.

Persons: Leoncio Alonso González de Gregorio y Álvarez, Duke of, Duke, Francisco Pacheco, Luisa Isabel Álvarez de, Duchess, Luisa Isabel, I'm, Leoncio, Christopher Columbus, who'd, Francisco Franco, Pilar, Gabriel, Liliane Dahlmann, Luisa Isabel's, Flouting, Liliane, José Leoncio González de Gregorio, José, Spanish armadas, Franco's, Simone de Beauvoir, Franco, Nate Sweitzer, Julia Franco, José Leoncio, Sid Vicious, Miguel, El, Arenas, sequester, Columbus, Juan Luis Albentosa, Diego Velázquez, “, ”, Sidonia, Alfonso Maura, Andres Martinez, —, María, Capi Arenas, “ I’ve, Duke of Montalto, King Juan Carlos I, Gabriel . The, Hernán Cortés, He'd, Íñigo Ramírez de Haro, Leoncio wasn't, Leoncio Alonso wasn't, Duke of Medina, Eduardo Ferreiro, Leoncio's, Viñamata, Spain's, Slim, Thomas Piketty, It's, I've, he'll, Javier Timmermans, she's, Gregorio Palace, Barrameda, they'd, Matthew Bremner Organizations: YouTube, Andalusians, BI, Historians, Franciscan, Frontera, Columbus, Spanish National Heritage Board, Casa, Foundation, BI Pilar Locations: Toledo, Duke of Medina Sidonia, Spain, Luisa Isabel Álvarez de Toledo, Medina, Sidonia, America, Europe, Soria, Spanish, Pilar, Paris, Madrid, Sanlúcar, American, Palomares, France, El Pais, Murcia, Palos de, Catalonian, María Montserrat, Germany, Barcelona, Aragon, Fernandina, Casa Medina, Montserrat, Medina Sidonia

☆ Travis Hunter: Why Heisman Trophy winner is ‘two players in one’ and such a rare talent in college football
▼ + stars: | 2024-12-15 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +8 min

“He is one of, if not the, best cornerbacks in college football and he’s a 1,000-yard receiver, it’s incredible.”Hunter’s unique ability to create an impact on any given snap is what has separated him from the rest of college football during the season. “He’s the best player in college football,” Sanders said after the Buffaloes’ 52-0 win over Oklahoma State. Nobody could deal with him on either side of the ball,” Sanders added. I don’t know where I would have been at if I went to Florida State,” Hunter said on The Pivot. “It would be remarkable, but he’s done it for 12 games a year in college and college football has limits on how much guys can practice – 20-hour-a-week limits.

Persons: –, Giannis Antetokounmpo, Devin Hester, Deion Sanders, Julian Edelman, Travis Hunter, Hunter, ‘, ” Stewart Mandel, Ron Chenoy, ” Mandel, Mandel, “, who’s, Chuck Bednarik, Fred Biletnikoff, Sanders –, ”, Sanders, ” Hunter, Mark J, – he’s, ” Sanders, “ Travis Hunter, he’s, “ Travis, Travis, Sanders ’, Shedeur Sanders, ’, You’re, Reuters Mandel, that’s, you’re Organizations: CNN, Colorado Buffaloes, Heisman, Buffaloes, The Athletic, CNN Sport, North Dakota State Bison, USA, Sports, Reuters, Associated Press, Florida State Seminoles, Jackson State Tigers, Florida State, Jackson State, Oklahoma State, NFL, Arizona Wildcats Locations: Colorado, Florida, Jackson, Boulder

☆ Airbnb Has Its Sights Set on Global Dominance, Beat Hotels Worldwide
▼ + stars: | 2024-12-15 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +10 min

Barcelona, which has an estimated 20,000 Airbnb listings, has said it will ban all short-term rentals by 2028. New York enacted a law in 2023 that wiped nearly all short-term rentals off the map. When Airbnb was new and growing rapidly in the 2010s, there was little regulation on short-term rentals. For one, the country's strict travel regulations around COVID-19 lasted longer than measures taken by most other nations, which created a drag on travel bookings. Bianca Tavolari, a researcher and member of the advisory board of the Global Observatory of Short-Term Rentals, a group of Latin American organizations focused on housing, says Brazil has lagged in regulating short-term rentals, though a court ruled last year that hosts must have explicit consent from property owners to list apartments or condos as short-term rentals.

Persons: Airbnb, Brian Chesky, Dave Stephenson, Stephenson, Málaga, Murray Cox, Cox, isn't, Jamie Lane, Lane, Melissa Yang, there's, Bianca Tavolari, Tavolari, he's Organizations: Residents, New, CNN, Global Locations: Mexico, Brazil, Americas, Asia, Japan, India, South Korea, China, Germany, Italy, Spain, Europe, Barcelona, . New York, London, Paris, New York City, Chesky, France, COVID, Kyoto, onsens, Vipps, Norway

☆ Harris debates her future: A run for California governor that would take 2028 off the table
▼ + stars: | 2024-12-15 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Getting into the governor’s race, top Harris advisers believe, would require making her intentions clear at the latest by the summer of 2025. “Running for governor would be a step down, and it would interfere with her ability to run for president again,” the person said. More than one person has noticed she has not shut down the conversation when the topic of running for governor has come up. To run for governor now would be to go for a job Newsom is done with – and likely while watching him make an expected run for president of his own. If she decided to run for governor, I’m sure we would have a conversation first,” Kounalakis said.

Persons: Kamala Harris, Joe Biden, Harris, Donald Trump, –, ”, “, “ I’m, Trump, Biden’s, there’s, swirled, Richard Nixon, Grover Cleveland, —, Biden, Arnold Schwarzenegger, Ronald Reagan, Jerry Brown, There’s, Gavin Newsom, Newsom, California Harris, that’s, Katie Porter, Gov, Eleni Kounalakis, ” Kounalakis, Antonio Villaraigosa, Toni Atkins, Rick Caruso, “ Kamala Harris, Ro Khanna Organizations: CNN, California, Democratic, California Democratic, Naval, White, Electoral College, Naval Observatory, Biden, Trump, Senate, University of California, Los Angeles, California Democrats Locations: Washington, DC, California, Irvine, ”, Los Angeles

☆ Top Wall Street analysts believe in the long-term prospects of these stocks
▼ + stars: | 2024-12-15 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

To pick such stocks, investors can track the recommendations of Wall Street experts, who perform in-depth analysis to offer useful insights about a company's strengths and growth opportunities. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. The database software company crushed analysts' expectations in its fiscal third quarter, thanks to solid demand for its Enterprise Advanced (EA) and Atlas offerings. Further, the analyst noted the company's decision to reallocate certain mid-market investments to prioritize the Enterprise segment. 511 among more than 9,200 analysts tracked by TipRanks.

Persons: Pavlo Gonchar, GitLab, Gray Powell, Powell, TipRanks, Michael Gordon, Needham, Mike Cikos, Cikos, SentinelOne Organizations: Lightrocket, Getty, Wall Street, EA, Daily Locations: U.S

☆ What just happened in Syria? Unpacking the historic week that toppled Assad
▼ + stars: | 2024-12-14 | by ( Ammar Cheikh Omar | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +1 min

DAMASCUS, Syria — For more than a decade, Syria was synonymous with war, brutality and the family dynasty visiting this violence on its own people. It was only on Sunday that President Bashar al-Assad fled the country as rebels entered Damascus. Syrians have since torn down statues of Assad and ripped back the veil from his murderous regime. Meanwhile, questions hang over Syria’s future, guided by a former Al Qaeda offshoot that says it has moderated. But for the time being at least, the primary emotion for many in Syria is one of disbelieving joy.

Persons: Bashar al, Assad, Austin Tice Organizations: Al, Islamic State Locations: DAMASCUS, Syria, Damascus, United States, Israel

☆ UnitedHealth is strategically limiting access to critical treatment for kids with autism
▼ + stars: | 2024-12-14 | by ( Annie Waldman | ) edition.cnn.com time to read: +23 min

Internal company documents reveal Optum is deploying “rigorous utilization management” in response to an increased need for ABA therapy. With the diminished hours of treatment, Benji grew increasingly disruptive. “We’ll let it go,” she warned with a sugared voice, “but hands to self, OK?”Benji works with registered behavioral technician Hortencia Cervantez during ABA treatment. Even though Optum denied the additional hours of treatment, Benji has continued to receive them. Internal documents show Optum is aiming to exclude from its network about 40% of Louisiana groups that offer ABA therapy.

Persons: ProPublica, Sharelle Menard, Benji, couldn’t, ”, “, ” Benji, Menard, she’s, Optum, Karen Fessel, ” Optum, Christa Stevens, Tim Clement, Deborah Steinberg, Dan Unumb, Whitney Newton, Annie Flanagan, Martin Parish, Benji’s tantrums, Benji didn’t, She’d, Joslyn McCoy, it’s, ProPublica McCoy, McCoy, ” McCoy, Newton, Mario Brothers, Hortencia, Daddy Yankee, ” Newton, We’re, Lorri Unumb, Dr, Sanjay Gupta Organizations: Optum, United, ABA, UnitedHealth Group, UnitedHealth, ProPublica, Mental Health, Autism Insurance, Autism, Autism Legal Resource, Aspire Behavioral Health, Breaux, Aspire, ProPublica Autism, of Autism Service, CNN, CNN Health Locations: Menard, Louisiana, Lafayette, St, Martin, Arizona , Nebraska , Tennessee, Virginia , New Jersey , Indiana

☆ TikTok Shop was going to be the next big thing. A potential ban could change that
▼ + stars: | 2024-12-14 | by ( Erika Tulfo | ) edition.cnn.com time to read: +8 min

CNN —Aakaanksh Autade was iffy on TikTok Shop, TikTok’s in-app shopping feature, when it launched last year. Aakaanksh Autade (left) promoted gadgets like the Nintendo Switch via TikTok Live on Cyber Monday. TikTok Shop raked in $100 million in single-day sales this Black Friday — that’s triple the number from 2023, according to the company. “It’s hard to ignore how much it means to its users.”What makes TikTok Shop tick? “TikTok shop just seemed like a natural place for those dollars to be spent.”What would a TikTok ban mean for other social media retail platforms?

Persons: Aakaanksh Autade, ”, ” Autade, “, TikTok, hashtags, Keenya Kelly, “ You’ve, Carrie Berk, Keenya Kelly “, Autade, SOCi, Gen, Jen Jones, Commercetools, Jones, Ezra Acayan, ” Kelly, Kelly, ” Berk, she’s, it’s, “ I’m, I’m Organizations: CNN, Nintendo, Facebook, YouTube Locations: TikTok, Manila, Philippines

☆ My husband and I paid for our kids' music lessons. They made enough money as street performers to fund their dream trips.
▼ + stars: | 2024-12-14 | by ( ) www.businessinsider.com time to read: +7 min

Our kids wanted to travel, so my husband and I encouraged them to earn money to fund trips. We told them we would pay for music lessons, then they could use their skills earn money busking. Our kids loved music long before we ever came up with, what we refer to as, the 'travel project.' Over the same period, we spent approximately $4,800 on music lessons. When you consider the travel, the experience, and the sense of achieving a big project goal, the music lessons have been the best investment we made for our kids.

Persons: they've, Ann, Marie Cahill, I'm, she's Organizations: Lego, Lego House Locations: Denmark, Sydney, Australia, Sydney's, Sierra Negra, Norway, busk, Mexico

☆ Broadcom's long and winding path to the trillion-dollar club, and how Trump played a role
▼ + stars: | 2024-12-14 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

It agreed to acquire legacy software vendor CA Technologies for $19 billion in July 2018, and snatched up security software company Symantec for $10.7 billion in August 2019. "The recent acquisition of VMware was essentially another step towards the direction of creating a very balanced mix between" chips and infrastructure software geared to the enterprise, he said. Broadcom's infrastructure software division generated $5.82 billion in revenue for the quarter, nearly tripling from last year's $1.97 billion, a number that included a big boost from VMware. Broadcom's revenue in fiscal 2016 was $13.2 billion, and its biggest business was semiconductors for set-top boxes and broadband access. AI revenue will jump 65% year-on-year to $3.8 billion, the company said.

Persons: Donald Trump, Hock Tan, Tan, Trump, would've, Hock Tan wasn't, CNBC's Jim Cramer, It's, Cantor, Avago, Cramer, " Tan, Broadcom's, Piper Sandler, Harsh Kumar, CNBC's, Kumar Organizations: Broadcom, White, Getty, Qualcomm, Trump, Technologies, Symantec, VMware, Activision Blizzard, EMC, Nvidia, Apple, Microsoft, Intel, Devices, Agilent Technologies, Meta Locations: United States, Singapore, Washington , DC, U.S, XPUs, Avago, California

I'm building my credit score, saving money for my down payment, and planning my housing budget. While you can't control interest rates or housing prices, you can take steps to improve your chances of becoming a homeowner. Build my credit scoreA strong credit score can significantly increase your chances of mortgage approval and help you qualify for better interest rates. Monitor my credit score quarterly through the three credit bureaus: Experian, TransUnion, and Equifax. Your credit score plays a pivotal role in determining mortgage approval and the interest rates you're offered.

Persons: Experian, I've, I'm, —, Ally, doesn't Organizations: Business, Service

☆ When campaign politics and Cabinet confirmation fights collide: From the Politics Desk
▼ + stars: | 2024-12-13 | by ( The Politics Desk | ) www.nbcnews.com time to read: +11 min

Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Plus, "Meet the Press" moderator Kristen Welker breaks down a few of the below-the-radar answers Donald Trump gave during their interview. “Donald Trump is king of the Republican Party; he conquered it, and he earned it,” Deace told NBC News. “A lot of this is driven by gaslighting and attention-seeking — what can we say today to get more clicks? Read more →President JoeBiden is on track to have appointed more federal judges of color than any of his predecessors.

Persons: Alex Tabet, Bridget Bowman, Ben Kamisar, Sen, Joni Ernst, Pete Hegseth's, Kristen Welker, Donald Trump, Joni Ernst’s, Pete Hegseth’s, Ben Kamisar Iowa Republican Sen, Donald Trump’s, Pete Hegseth, Ernst, She’s, President Trump, ”, Bob Vander Plaats, Steve Deace, “ Donald Trump, ” Deace, won’t, ” Trump, Charlie Kirk, Will Rogers, “ Charlie Kirk didn’t, ” Rogers, →, Trump, I’ll, ‘, don’t, Lara, Michael [ Whatley, I’m, “ I’m, he’d, Bernie Sanders, Lindsey Graham, Tim, Dru, e, Neely Organizations: NBC, White House, Capitol, Ben Kamisar Iowa Republican, Republicans, GOP, Trump, Republican, Republican Party, NBC News, → Trump, U.S . Capitol, Press, Republican National Committee Locations: Iowa, Ben Kamisar Iowa, U.S, Polk County, TikTok, California

Ernst's allies are not worried about a potential primary challenge, noting that she remains popular among Republicans in the state and that she boasts strong conservative credentials. Still, Vander Plaats said, the future Senate vote on Hegseth’s becoming defense secretary could be fuel for a primary challenge against Ernst. Let’s attack a U.S. senator for not doing what we demand her to do right now at this exact second,” former Polk County GOP Chair Will Rogers said. Retzlaff, the Jones County GOP chair, said the Ernst primary rumor mill is already spinning, with "two or three names" circulating. “Does it rise to the level of a primary challenge that would cost tens of millions of dollars, Republicans fighting Republicans?

Persons: Sen, Joni Ernst, Donald Trump's, Pete Hegseth, Ernst, She’s, President Trump, ”, Bob Vander Plaats, Trump, Vander Plaats, Ron DeSantis, Brett Barker, “, Barker, Nikki Haley, Steve Deace, “ Donald Trump, ” Deace, won’t, Charlie Kirk, Will Rogers, “ Charlie Kirk didn’t, ” Rogers, Joni, —, Hegseth, Pete, Deace, Gerald Retzlaff, ” Retzlaff, Bryan Whipp, Chuck Grassley, Grassley, David Kochel, she’s, Lindsay Graham, ” Kirk, Elon Musk, Trump’s, Matt Whitaker, Whitaker, Retzlaff, Vivek Ramaswamy, David Oman, ” Kochel, Gary Leffler, " Leffler Organizations: Republicans, Iowa Republican, Trump, GOP, Florida Gov, Iowa GOP, Twitter, Republican, Republican Party, NBC News, Senate, Iowa Republicans, Army National Guard, Fox News, Defense Department, NATO, Safer Communities, Washington, Department of Government, “ Republican, Iowa, Polk, Polk County GOP Locations: Iowa, But Nevada , Iowa, U.S, Polk County, Washington squeal, Jones, Iowa’s, ” Oman

☆ UK economy shrinks for second month, contracting 0.1% in October
▼ + stars: | 2024-12-13 | by ( Chloe Taylor | ) www.cnbc.com time to read: +1 min

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. The City of London is widely referred to simply as the City is also colloquially known as the Square Mile. Gross Domestic Product fell by an estimated 0.1% on a monthly basis, the ONS said Friday, with officials attributing the downturn to a decline in production output. It marked the country's second consecutive economic downturn, following a 0.1% GDP decline in September.

Persons: Mike Kemp, Sterling, Rachel Reeves Organizations: of England, Getty, Britain's, National Statistics, Gross, Reuters, U.S, Finance Locations: City of London, London, United Kingdom, The City, U.K, Real

☆ The specter of RFK Jr. has investors fretting about a onetime vaccine wunderkind
▼ + stars: | 2024-12-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +3 min

The early winners won big — especially the WFH plays like Zoom and Peloton, and, of course, vaccine makers like Pfizer and Moderna. When Moderna’s stock price peaked in August of 2021, it was up 2,000% from its IPO. Moderna’s Covid vaccine remains the primary driver of its revenue, and its other vaccine, one for RSV, is “not likely to be a major player.”Unsurprisingly, then, the short-sellers are piling in hard. “Moderna’s declining stock price, rising short interest, and increased implied volatility reveal an evolving risk narrative,” the S3 report concludes. A month ago, when Trump announced RFK Jr. as his pick to head the Department of Health and Human Services, shares of prominent vaccine makers including Moderna, Pfizer and Novavax, fell across the board.

Persons: CNN Business ’, Heck, BioNTech, it’s, won’t, ”, Moderna’s, “, Donald Trump, Robert F, Kennedy Jr, Kennedy, Mr Organizations: CNN Business, New York CNN, Pfizer, Moderna, Bank of America, S3 Partners, CNN, Trump, RFK Jr, of Health, Human Services, Novavax, HHS Locations: New York, Cambridge , Massachusetts

Search resuls for: "Primary"

25 mentions found