Author: Press Room
Elon Musk-owned Twitter has quietly dropped labeling that identified state-affiliated and government-funded accounts for officials and media outlets, including designations used to identify President Joe Biden’s account as authentic.The update comes a day after the company purged legacy verified users of their blue checkmarks, raising concerns that misinformation could more easily spread on the site.As of Friday morning, the personal and official accounts of the U.S. president, first lady Jill Biden and Vice President Kamala Harris no longer displayed labels identifying them as government officials.Labels were also removed from Russia- and China-affiliated media outlets and journalists, including the official account…
A coalition of attorneys general for 17 states and the District of Columbia on Thursday called for a federal recall of Hyundai and Kia vehicles that they say are unsafe and too easy to steal. The attorneys general called for the recall “following the companies’ continued failure to take adequate steps to address the alarming rate of theft of their vehicles,” a release from California Attorney General Rob Bonta, who is leading the coalition, said. In a letter to the National Highway Traffic Safety Administration, the coalition requested a recall of “unsafe” Hyundai and Kia vehicles manufactured between 2011 and…
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Russian lawmakers could finally end the country’s long wait for crypto regulation – with two bills reportedly ready for adoption as early as June.One will seek to permit the use of crypto in overseas payments.The other will deal with the legalization of crypto mining.Crypto regulation’s progress in the State Duma has stalled on multiple occasions in the past.This is due mainly to a large rift between pro-industry government ministries, who have pushed for crypto regulations, and the anti-crypto Central Bank.President Vladimir Putin has previously called on the parties to resolve their differences.But these calls have been to little avail.After several…
Instagram is the most lucrative platform for sponsored posts, creators said in a new study. They also said Instagram reels are the highest-paying form of sponsored post. Here are four other takeaways from the report. Instagram still has a hold on brand partnerships with creators.According to a report released in March from social-media-management platform Later, more creators are getting paid for sponsored posts on Instagram than for content on other platforms — and they’re earning higher rates.While other data has shown TikTok has grown as an influencer-marketing platform, Later’s report found that Instagram is still at the forefront of many brand…
Many of the biggest names in British business quit the CBI on Friday after a second allegation of rape threatened the survival of the employers’ organisation.Groups ranging from insurer Aviva and car manufacturers Jaguar Land Rover and BMW to payments company Mastercard and retailer John Lewis said they were cancelling their memberships after the allegations published by the Guardian. The world’s biggest ad group WPP, broadband and mobile company Virgin Media O2, the Big Four accounting firm EY, and ITV, the broadcaster, also all cut ties.The newspaper reported that a woman alleged she was raped while working for the CBI…
A number of Republican lawmakers from the Montana Freedom Caucus are demanding Democratic state Rep. Zooey Zephyr be censured by the state House for “using inappropriate and uncalled-for language” during a floor debate over amendments concerning a bill that bans medical care for transgender minors. “If you are forcing a trans child to go through puberty when they are trans, that is tantamount to torture, and this body should be ashamed,” Zephyr said during her speech on the amendments on Tuesday. “The only thing I will say is if you vote yes on this bill and yes on these amendments…
SAP missed expectations for sales in its key cloud division and cut its outlook in first-quarter earnings released Friday. But the stock is still rising after the German software giant beat estimates for overall profit and revenue. SAP (ticker: SAP) reported earnings of €1.27 ($1.39) a share on revenue of €7.44 billion in the first three months of 2023. Analysts surveyed by FactSet had expected profit of €1.10 on sales of €7.30 billion. “We have entered a powerful new phase in our strategic transformation, with top-line and bottom-line results clearly demonstrating the tipping point we passed in the fourth quarter…
W.R. Berkley Corp. shares dropped in the extended session Thursday after the insurer missed the Wall Street consensus by several marks in its first-quarter earnings report. W.R. Berkley WRB, -11.02% shares fell 4.5% after hours, following a 0.8% rise in the regular session to close at $63.36. Net income fell to $294.1 million, or $1.06 a share, from $590.6 million, or $2.12 a share, in the year-ago period. The company, however, reported that operating income per share fell to $1 from $1.10 a year ago, while analysts surveyed by FactSet were looking for $1.23, making for the company’s first operating…
We all know and love the big business hubs across the country, but a host of small and midsize cities are unexpectedly wonderful for entrepreneurship. Sometimes being a big fish in a small pond, or at least a medium fish in a medium pond can have robust benefits. Those might include less competition for resources, more personal attention and other perks that smaller cities are better equipped to offer entrepreneurs and small business dreamers. Here are 15 of our favorite unexpected cities that might make a great stop — or destination — on your entrepreneurial journey. Ames, Iowa Home of Iowa…
