DIRS.INFO The most relevant business & tech news

[1/4] FILE PHOTO: The logo of Foxconn is seen outside the company's building in Taipei, Taiwan November 10, 2022. The plant owned by Taiwan-based Foxconn, battered by China's strict COVID restrictions and facing critical year-end holiday demand, was offering enticing hiring bonuses and excellent pay. Hou said he was promised up to 30,000 yuan ($4,200) for just under four months' work - far above the 12,000-16,000 yuan Foxconn workers usually get for four months. In a rare example of large-scale labour unrest in China, Foxconn workers in COVID masks clashed with security personnel in white hazmat suits holding plastic shields. The company previously apologised to workers for a pay-related "technical error" that it said occurred when it was hiring.

☆ ‘There’s no rules. It’s crazy’: New money in NCAA recruiting leaves elite athletes ripe for exploitation
▼ + stars: | 2022-11-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kit-Ramgopal-Byline.Jpg | Kit Ramgopal | ) www.nbcnews.com time to read: +15 min

Instead, the coveted junior recruit was benched, due to a decision from the state’s governing body for high school sports. Meanwhile, in a growing number of states, including California, even high school athletes can enter contracts. But boosters can pay prospective students through NIL deals, as long as the money is not contingent on enrollment or athletic performance. A University of Miami booster has earmarked $10 million to sign players to NIL deals through his companies. Cunningham’s message to high school athletes is “the grass isn’t always greener,” even in California.

☆ Rent growth slows to the lowest level in 18 months
▼ + stars: | 2022-11-17 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

Rents in October rose 4.7% compared with October 2021, the slowest annual increase in 18 months, according to Realtor.com. The largest gains in rent were in two-bedroom units, as tenants looked for more space in the new work-from-home economy. Rent growth annually has now been slowing for nine straight months and has been in the single-digits for the past three months. Single-family rent growth has been shrinking for the past five months, but is still in the low double-digits, according to CoreLogic. The pressure on multifamily rents is trickling down to both builders and investors.

☆ Marjorie Taylor Greene supports Kevin McCarthy's bid for House speaker, says it's a 'bad strategy' for fellow Republicans to challenge him
▼ + stars: | 2022-11-14 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

Rep. Marjorie Taylor Greene expressed support for Rep. Kevin McCarthy's bid for House speaker. Greene criticized the possibility of fellow conservative Republicans challenging McCarthy. Cheney, a staunch critic of former President Donald Trump, lost her reelection, but could technically become House speaker if she receives enough votes, though such a move is uncommon. The current opposition to McCarthy could be a sign of more internal division to come under a House Republican majority. Greene, also a member of the House Freedom Caucus, had previously voiced concerns about McCarthy's leadership after House Democrats removed her from her committee assignments last year in light of her past inflammatory statements.

☆ Donald Trump tells donors to help Republicans win the US Senate — by giving his own political committees money
▼ + stars: | 2022-11-10 | by ( Madison Hall | Dave Levinthal | ) www.businessinsider.com time to read: +4 min

Who will control the US Senate is still unknown as results from Arizona and Nevada continue trickling in. A text message sent from former President Donald Trump's political committees Save America Joint Fundraising CommitteeSave America Joint Fundraising CommitteeTrump's PACs could choose to use some of that money to boost the remaining GOP Senate candidates. The rest of it — nearly $70 million in Save America alone, per federal records — remains unspent. Some of the biggest candidate-related spending Trump's Save America PAC has done this year? On Tuesday night, the Save America Joint Fundraising Committee blasted another fundraising missive with the message: "DO YOU WANT PRESIDENT TRUMP TO RUN IN 2024?"

☆ Lindsey Graham says it's 'definitely not a Republican wave — that's for darn sure' as Democrats win in competitive races
▼ + stars: | 2022-11-09 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

Republican Sen. Lindsey Graham said it's "definitely not a Republican wave" on Tuesday evening. "It's not a wave for sure, but I think it'll be a very good night," he said. "If you run that far behind your governor candidate, you probably made a mistake," Graham said of Bolduc, referring to the state's Republican Gov. "Hats off to the Democrats, they performed well in a lot of these swing districts," Graham said. "It's not a wave, for sure, but I think it'll be a very good night," he added.

☆ Abortion rights win big in midterm elections, diminishing Republicans' hopes to drive voters to the polls on the economy and crime
▼ + stars: | 2022-11-09 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +4 min

Abortion rights won big in the midterm elections nationwide. Voters supported ballot measures to protect abortion rights and backed Democratic candidates that campaigned on abortion. They voted against ballot measures that would have restricted abortion and voted for candidates that supported abortion rights. In California, Vermont, and Michigan, voters overwhelmingly approved ballot measures that would amend each state's constitutions with language to protect abortion rights. Fetterman repeatedly vowed to be another Democratic vote to enshrine abortion rights into federal law, and characterized Oz as an extremist on abortion.

☆ Netanyahu set for comeback, says on brink of "big" election win
▼ + stars: | 2022-11-02 | by ( Maayan Lubell | ) www.reuters.com time to read: +3 min

[1/5] Likud party leader Benjamin Netanyahu waves as he addresses his supporters at his party headquarters during Israel's general election in Jerusalem, November 2, 2022. REUTERS/Ammar AwadJERUSALEM, Nov 2 (Reuters) - Israel's former premier Benjamin Netanyahu appeared set to return to power on Wednesday, saying his right-wing camp was on the cusp of a great election win, after exit polls predicted his bloc gaining a slim parliamentary majority. "We have won a huge vote of confidence from the people of Israel," a smiling Netanyahu told cheering supporters at his Likud party election headquarters. As actual results began trickling in, Lapid stopped short at conceding the election and said he would wait until the final count. Exit polls late on Tuesday predicted his camp would take 53-54 Knesset seats, far behind Netanyahu.

☆ Former FBI official says the FBI is facing a 'crisis of credibility' over questions of how much its senior officials knew leading up to the Capitol riot
▼ + stars: | 2022-10-19 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

Former FBI assistant director Frank Figliuzzi says the FBI is facing a "crisis of credibility." Figliuzzi said the agency was not being transparent about what it knew about the Capitol riot. During an appearance on MSNBC's "Deadline" on Monday, Figliuzzi said the FBI's most senior leaders are not grasping the "gravity" of the situation. Information is now trickling out about what the FBI's officials knew leading up to the riot, he added. Figliuzzi also referenced FBI Director Christopher Wray's testimony to Congress in June 2021.

☆ TikTok already took over as Gen Z's social platform of choice. It might be coming for Spotify next.
▼ + stars: | 2022-10-13 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +3 min

Insider first reported that ByteDance had filed a trademark application for "TikTok Music" in May. Move over, Spotify and Apple MusicInsider first reported that ByteDance had filed a trademark application with the US Patent and Trademark Office in May for "TikTok Music." TikTok is now moving to snatch market share from the likes of Spotify and Apple Music. It has also been grabbing market share from other streamers in the past year. However, more market share does not mean more money trickling in.

"This is terrorism and I do not understand why a terrorist country is not recognized as such," the 52-year-old history teacher said of the Russian missile strikes that slammed into the Ukrainian capital during Monday's morning rush hour. Russia charged Ukraine with responsibility, while a Ukrainian presidential aide blamed the incident on infighting between Russian security bodies. Two missiles landed in quick succession on the edges of Shevchenko Park in central Kyiv, one striking a busy intersection next to a major university. People began trickling back into Shevchenko Park around lunchtime, curiously examining the huge crater. Denys Mykhailovskyi, 38, was studiously clearing glass from the floor of his basement bar, near the Shevchenko Park playground where a missile landed.

Floridians are giving TikTok users a front-row seat to Hurricane Ian. Dozens of TikTok users in Florida used TikTok’s livestream feature on Wednesday to offer a window into their lives as the hurricane approached. Some comments trickling in sent the woman prayers, while others predicted her “house will disappear.” TikTok didn’t immediately respond to a request for comment about the hurricane livestreams. TikTok introduced its livestream feature in 2019, and it has since become a popular way of creating content on the app. TikTok’s livestreaming feature has been used for fun but also to share breaking news, such as when Russia invaded Ukraine.

☆ Top Wall Street analysts name their best stock ideas to ride out the market turbulence
▼ + stars: | 2022-09-25 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

To choose the right stocks, staying aware of what Wall Street analysts are saying can be of help. related investing news Analysts name the top 'high conviction' stocks for playing the market turbulence The perils and promise of quantum computing are nearing. The North American housing market has slowed considerably, with the ill effects trickling down to construction equipment demand. He holds the 782nd position among almost 8,000 analysts tracked on TipRanks and has a success rate of 52%. According to the law, a $3 per kg production tax credit will be provided to developers producing green hydrogen (hydrogen produced with electrolyzers sourced from clean energy).

☆ A 44-year-old mom of 3 made $735,000 last year from a reselling business she launched using just the clothes in her closet
▼ + stars: | 2022-09-25 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Mona Mejia "Everything was selling really quickly"In 2015, Mejia's family was in need of additional income to supplement her husband's pay. When she began listing more items, she noticed that "everything was selling really quickly" and real money was trickling in. It wasn't until roughly a year ago, however — when she started selling on livestreams through Instagram, TikTok, and Facebook, that her business really took off. After working through her closet, Mejia took her earnings and went to yard sales and clearance sections to look for bargain products she could buy and resell. Despite discounting, she says she's able to maintain high levels of profitability by only selling items she bought at especially cheap rates.

☆ Shorter showers, slower driving and an Eiffel Tower blackout: How Europe plans to cut gas usage this winter
▼ + stars: | 2022-09-21 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

"We're already there … savings this month have already surpassed the 15% target," said senior energy strategist from Goldman Sachs, Samantha Dart. Kenzo Tribouillard | Afp | Getty ImagesShe added that northwestern Europe's estimated August gas consumption was 13% below average. "We believe this is more than enough savings to go through winter without blackouts or a heating crisis," Dart said, assuming that the average winter weather scenario holds. "Achieving the 15% reduction target vs business as usual will be difficult, but not impossible," Gloystein told CNBC. A cold winter could make it difficult to achieve the demand reduction needed in Europe.

☆ Stocks sink as investors wait for the Fed’s rate hike
▼ + stars: | 2022-09-20 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +2 min

Stocks slid Tuesday as investors grew anxious about the impact of another big rate hike. There were no earnings reports of note on Tuesday and not much economic data for investors to focus on other than a new housing report, which was mixed. The housing numbers are unlikely to change the minds of Fed policy makers, who will announce another rate hike on Wednesday. Stocks surged at the end of the trading session Monday after hovering near break-even levels for most of the day. “Transportation stocks are a canary in the coal mine when it comes to the economy.”

☆ Some People Are Finally Getting Their First Dose of a Covid-19 Vaccine
▼ + stars: | 2022-09-19 | by ( Jared S. Hopkins | ) www.wsj.com time to read: 1 min

More than a year-and-a-half after the first Covid-19 vaccines became available, people are trickling in every day to get their first doses. As health officials and physicians roll out retooled boosters targeting substrains of the Omicron variant, federal data suggest there are still thousands of people a day getting shots of the original vaccines for the first time.

☆ Dozens of TikTokers are quietly discussing forming a creator union, but legal experts say it would be difficult
▼ + stars: | 2022-09-19 | by ( Tanya Chen | ) www.businessinsider.com time to read: +7 min

TikTok creators are discussing forming a union to try and create more protection for their jobs. The National Labor Relations Act, for example, could not force a company like TikTok to negotiate a creator union. Sunderji said that even without a union, TikTokers coming together as a collective or an association could affect change. In 2019, a group of YouTubers formed FairTube, an unofficial YouTube "union," to ask for similar demands, like more transparency around its pay and penalties. "TikTok is a great place to be discovered, but a terrible place to be a professional creator," Valkai said.

☆ How 2 colleges are using NFTs to engage sports fans and help athletes make money from NIL
▼ + stars: | 2022-09-16 | by ( Colin Salao | ) www.businessinsider.com time to read: +6 min

Colleges like BYU and Syracuse are starting to sell NFTs of their sports teams and athletes. National Research Group said NFTs with real-world utility in sports could change the industry. Unlike the conventional NFTs in the market today, these NFTs also come with real-world benefits. BYU fans storm the field after the team's overtime win over Baylor on September 10, 2022. NRG's study said that sports fans are an ideal market for NFTs, particularly because of the industry's long history of fans purchasing memorabilia.

☆ 72 TikTokers are using a private Discord to talk about forming a creator union, but it's an uphill legal battle
▼ + stars: | 2022-09-16 | by ( Tanya Chen | ) www.businessinsider.com time to read: +7 min

TikTok creators are discussing forming a union to try and create more protection for their jobs. The National Labor Relations Act, for example, could not force a company like TikTok to negotiate a creator union. Sunderji said that even without a union, TikTokers coming together as a collective or an association could affect change. Multiple TikTokers in the Discord pointed to YouTube as an example of the kinds of changes that could be made. "TikTok is a great place to be discovered, but a terrible place to be a professional creator," Valkai said.

☆ Starbucks soars after its investor day. Here's what Wall Street analysts had to say
▼ + stars: | 2022-09-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

BTIG Starbucks' investor day "lived up to expectations," according to BTIG analysts Peter Saleh and Ben Parente. Ivankoe noted that, in December 2016, Starbucks released a five-year strategic plan that called for annual EPS growth between 15% and 20%. "We think investors had also expected more conservative guidance to provide room for the incoming CEO and return to a beat & raise story," the analysts wrote. Wedbush Wedbush analysts Nick Setyan and Michael Symington were more muted in their reaction to Starbucks' investor day. China, a view that, to us, seems equally out of place given ongoing global macro headwinds," the analysts wrote.

☆ I moved to an island paradise to use a village for digital nomads. Here's what it was like.
▼ + stars: | 2021-05-07 | by ( Mairead Finlay | ) www.businessinsider.com time to read: +7 min

Mairead Finlay moved to the Portuguese island of Madeira to be part of a "digital nomad" village. Now, I'm living in Europe's first village for digital nomads on the Portuguese island of Madeira, thanks to an initiative set up by the regional government and Startup Madeira to lure tech and creative talent to the island. That makes me fairly typical: A recent study estimated that 83% of the world's 35 million digital nomads worked for themselves, and 51% were marketers, developers, designers, writers, or in e-commerce. The next month, the digital-nomad village on the tropical Portuguese island of Madeira opened. Inside the village's co-work space for digital nomads.

☆ I'm an Amazon delivery driver. Our performance is constantly monitored, but we've found ways to cheat the system.
▼ + stars: | 2021-04-06 | by ( Jenny Powers | ) www.businessinsider.com time to read: +9 min

Insider spoke to an Amazon delivery driver who asked to remain anonymous to protect his job. I started working part time as a driver for Amazon in 2019 after seeing an online classified ad. Amazon preaches safety, safety, safety, and while that's a great narrative for the media, behind the scenes it's another story. I've never been in a wreck, but these types of instances can drag a driver's score down, and the bottom line is everything comes down to your score. Amazon prides itself on getting driver safety under control, but then puts demands in place that force us to circumvent the system.

Search resuls for: "trickling"

23 mentions found