Tuesday, January 17, 2023

Jan 18, 2023 - Disney rips Peltz over board fight, defends Iger's acquisitions

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Continued here


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Disney rips Peltz over board fight, defends Iger's acquisitions
Disney rips Peltz over board fight, defends Iger's acquisitions
The company said it had offered Peltz an information-sharing agreement, meaning he would have met quarterly with both management and the board, rather than a board observer role, as Peltz had said. Otherwise, Disney pointed to numerous interactions between the company and Trian.


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14-year-old girl charged with murder in the shooting of 11-year-old boy in Dallas | CNN
14-year-old girl charged with murder in the shooting of 11-year-old boy in Dallas | CNN
"Losing a student is one of the most difficult experiences one can have as an educator, it is akin to losing a child as these are our children," DeSoto ISD Superintendent of Schools Usamah Rodgers said. "My heart and condolences go out to the McFall family. DeSoto ISD will continue to wrap its arms around the family of De'Evan McFall as well as his school family and our entire district."


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Billions lost in tax after HMRC staff shifted to work on Brexit and Covid fraud
Billions lost in tax after HMRC staff shifted to work on Brexit and Covid fraud
Civil servants being moved from one crisis to another


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Shares of Roblox pop after December update shows increase in bookings
Shares of Roblox pop after December update shows increase in bookings
Chief Business Officer Craig Donato told CNBC\'s Steve Kovach in August that Roblox is bullish on the future because of its investments in its employees, server capacity and global data centers.


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BBC Apologizes For Porn Noises Heard During Soccer Game
BBC Apologizes For Porn Noises Heard During Soccer Game
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They Lost Millions To Crypto Scammers. This Prosecutor Is Helping Them Get It Back.
They Lost Millions To Crypto Scammers. This Prosecutor Is Helping Them Get It Back.
A deputy district attorney in California has emerged as one of the countrys experts in successfully recouping money swindled by crypto criminals.


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Repackaging for retail: How online brands prepare to launch in brick-and-mortar stores | Thingtesting
Repackaging for retail: How online brands prepare to launch in brick-and-mortar stores | Thingtesting
Packaging that works well when selling products online doesnt always translate in store. Often, direct-to-consumer brands find they need to create something new.


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Modernizing the live music industry with Mir Hwang from GigFinesse
Modernizing the live music industry with Mir Hwang from GigFinesse
This week Darrell and Becca are joined by GigFinesse co-founder and CEO Mir Hwang. Mir talks about how his struggles to book music gigs as a teenager pushed him to launch the company that connects artists with venues for live shows. Mir also talked about how hard it was to steer the live music-focused business through the pandemic in an industry that was reticent to adopt tech to begin with. Plus, we learn about a fun venue that couldn’t be more perfect for Darrell’s future poetry residence.


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TechCrunch+ roundup: Space tech predictions, startup IP strategy, finding feasible funding
TechCrunch+ roundup: Space tech predictions, startup IP strategy, finding feasible funding
“Not all capital providers are equal, so seeking financing isn’t just about securing capital. It’s a matter of finding the right source of funding that matches both your business and your roadmap.”


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Political Aide Accuses Matt Schlapp, High-Profile Conservative, of Groping Him
Political Aide Accuses Matt Schlapp, High-Profile Conservative, of Groping Him
Charlie Gerow and Carolyn Meadows, vice chairs of the American Conservative Union and members of the group’s board of directors, said in a statement after the allegations were first published that they “stand squarely behind Matt Schlapp” and expressed “full confidence in his leadership of the organization.”


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Putting numbers on the global venture slowdown
Putting numbers on the global venture slowdown
According to the PitchBook-NVCA Venture Monitor report, deal count was more stable, with 2022’s estimated deal count approaching 2021’s figure. But looking at quarterly data reveals that Q4 had the lowest deal count of 2022, which doesn’t necessarily bode well for 2023.


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There's still time to avoid a penalty for fourth-quarter estimated taxes but the clock is ticking
There's still time to avoid a penalty for fourth-quarter estimated taxes  but the clock is ticking
However, the safe harbor isn\'t a guarantee you won\'t owe more federal taxes for 2022, Chichester said. He urges clients to set aside at least 20% of earnings to cover federal taxes, plus a smaller percentage for state taxes, depending on where they live.


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Everything must go: Twitter auctionssurplus chairs and a bird statue after cutting thousands of jobs
Everything must go: Twitter auctionssurplus chairs and a bird statue after cutting thousands of jobs
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Venture Capital Isnt the ProblemIts Venture Capitalists
Venture Capital Isnt the ProblemIts Venture Capitalists
The market downturn has sent many tech company valuations into freefall, leading to questions about whether the venture modelbased on the power law, the notion that a small number of mega-successful bets will outweigh a larger number of abject failurescan continue to replicate its past wins. ...


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Clearco co-founder Michele Romanow steps down, cuts 30% of staff
Clearco co-founder Michele Romanow steps down, cuts 30% of staff
“This is not about me having an ego and needing a certain role,” Romanow said. “I’m a growth CEO, and now we need a CEO that is very financially-driven, and is going to get us to the next period of break-even business.”


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The vaccine startup trying to solve the $35bn-a-year refrigeration problem
The vaccine startup trying to solve the $35bn-a-year refrigeration problem
Half of vaccines are wasted because they can't be kept cold enough. Bristol-based EnsiliTech thinks it has the answer


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African gaming startup Carry1st raises $27M from Bitkraft Ventures and a16z
African gaming startup Carry1st raises $27M from Bitkraft Ventures and a16z
Speaking on the investment, Jens Hilgers, the founding general partner at BITKRAFT Ventures, said: “Africa is home to the largest population of young people in the world, and this upcoming generation will grow up digitally native with videogames as their primary entertainment preference. We have full conviction in Carry1st’s impressive founding team and their vision of building out foundational infrastructure and localized content, ensuring that gaming and interactive entertainment in Africa will thrive.”


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We Should All Be Paying Attention To The San Francisco Reparations Proposal
We Should All Be Paying Attention To The San Francisco Reparations Proposal
By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.


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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
Few lawmakers from either party enjoy a vote on the debt ceiling, and the default that would be caused by a failure to raise it would lead to an economic catastrophe. With political polarization in the United States showing no signs of abating, it often seems that the risk of an accidental default outweighs any fiscal responsibility that the debt limit encourages.


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Beaconstac lands $25M investment for its QR code management platform
Beaconstac lands $25M investment for its QR code management platform
“In 2019, my co-founder and I were asking the question, ‘Our phones are great at getting us online, but why aren’t they better at connecting us with the physical world?,\'” Potharaju said. “Beaconstac [is] helping companies … build digital cohorts based on interactions in the physical world.”


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Chinas double-dip saw US economic gap widen after 3 per cent growth in 2022
Chinas double-dip saw US economic gap widen after 3 per cent growth in 2022
Chinas 2022 gross domestic product grew by 3 per cent to 121 trillion yuan (US$18 trillion), meaning the bilateral nominal gap with the United States likely grew for the first time in three years last year.


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4 key money moves in an uncertain economy, according to financial advisors
4 key money moves in an uncertain economy, according to financial advisors
\"Investors willing to take on additional risk might consider \'buying the dip\' by looking at sectors that took an especially hard it and could now be undervalued,\" said certified financial planner Bryan Kuderna, founder of the Kuderna Financial Team in Shrewsbury, New Jersey, and the author of the upcoming book, \"What Should I Do with My Money?\"


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Walgreens removes purchase limits on children's fever medicines
Walgreens removes purchase limits on children's fever medicines
Pharmacy chain Walgreens Boots Alliance Inc said on Monday it has removed online-only purchase limits for its over-the-counter pediatric fever-reducing products, as supply conditions improve.


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The ongoing big tech antitrust cases to watch in 2023
The ongoing big tech antitrust cases to watch in 2023
This stream of new litigation and legislation could impose serious limitations on the growth of these companies, a reason the biggest firms spent almost $70 million lobbying the US Congress in 2021. We’ve compiled a look at recent antitrust legislation to put into perspective the ongoing effort to regulate big tech. This chart lists every major antitrust case filed against Alphabet, Google, Facebook, Amazon, and Microsoft last year, many of which are ongoing.


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Hungary's foreign minister says Brussels has failed on Russia sanctions
Hungary's foreign minister says Brussels has failed on Russia sanctions
\"Until now the European Union member states have adopted nine wide-ranging packages of sanctions against Russia for its illegal aggression against Ukraine, reflecting on EU policy agreed by the 27 member states that we stand by Ukraine and we stand by them in a number of tracks, economical, financial, military and through putting pressure on Putin\'s regime through sanctions and international isolation.\"


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Fledgling startup founders buy an early-bird ticket to build your future
Fledgling startup founders  buy an early-bird ticket to build your future
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BJPs Tejasvi Surya allegedly opened emergency exit of IndiGo flight, flight delayed by 2 hours
BJPs Tejasvi Surya allegedly opened emergency exit of IndiGo flight, flight delayed by 2 hours
Bengaluru South Lok Sabha MP Tejasvi Surya allegedly opened the emergency exit of an aircraft without any authorisation at the Chennai airport on December 10, 2022. The airline in question, IndiGo, refused to release any statement on the issue. Chennai airport authorities and Directorate General of Civil Aviation (DGCA) officials confirmed that the emergency exit on the flight was opened by a passenger, but they refused to confirm whether Tejasvi Surya was the passenger in question.


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Eating one fish from U.S. lakes or rivers likened to drinking month's worth of contaminated water
Eating one fish from U.S. lakes or rivers likened to drinking month's worth of contaminated water
Researchers say it's the equivalent of drinking a month's worth of water contaminated with toxic "forever chemicals" known as PFAS.


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Build a company, not a feature
Build a company, not a feature
A nontrivial percentage of the companies that come to me for advice about how to make their pitch decks better have a problem far bigger than a subpar deck. Fundamentally, the idea doesn’t work as a VC-scale startup; and if that is true, it doesn’t really matter how good your idea is. You will never raise money because ultimately, the risk your would-be investors are taking is higher than the reward that is available for them to reap.


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Over a dozen groups just told the Supreme Court that a 'successful' return to student-loan repayment 'hinges' on upholding Biden's debt relief, the education secretary says
Over a dozen groups just told the Supreme Court that a 'successful' return to student-loan repayment 'hinges' on upholding Biden's debt relief, the education secretary says
The amicus briefs criticized the student-loan company MOHELA's role in blocking debt relief and supported the legality of Biden's plan.


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Davos 2023: BlackRock U.S. inflows dwarf $4 bln lost in ESG backlash -CEO
Davos 2023: BlackRock U.S. inflows dwarf $4 bln lost in ESG backlash -CEO
BlackRock , the world's biggest asset manager, lost around $4 billion in assets under management as a result of a political backlash against environmental, social and governance (ESG) investing in the United States, its chief executive said.


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A Mighty Generation of Musicians. A Moving Final Chapter.
A Mighty Generation of Musicians. A Moving Final Chapter.
But there was not, in the silence that follows the dying of the sound, the usual game of chicken between an audience raring to applaud and a conductor unwilling to release. On Sunday there was no battle of wills, no self-indulgence, before the ovation. Thomas let the quiet come, then let it go.


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Starbucks will offer nationwide DoorDash delivery by March | Engadget
Starbucks will offer nationwide DoorDash delivery by March | Engadget
DoorDash and Starbucks will expand their delivery partnership to all 50 US states by March 2023..


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UK foreign secretary defends moral imperative of sending tanks to Ukraine
UK foreign secretary defends moral imperative of sending tanks to Ukraine
The German economy minister, Robert Habeck, said it would be easier for Germany if the US was also to supply tanks. The US operates thousands of M1 Abrams tanks built by General Dynamics, but some say they are unsuitable for Ukraine as they are driven by gas turbine engines.


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Twitter rivals, unicorn trivia and valuation homework
Twitter rivals, unicorn trivia and valuation homework
Equity drops at 10:00 a.m. PT every Monday and at 7:00 a.m. PT on Wednesdays and Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!


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Cost-effective IP strategies can lead to massive exit valuations
Cost-effective IP strategies can lead to massive exit valuations
Sometimes, critical early vendors become more important to the success of a product than was initially appreciated, and agreements with these vendors may have deal-killing clauses. For instance, a hosting provider may have a non-assignment clause that limits future stock or asset sale transactions. You should find out if you have such agreements right now, not on the eve of a huge exit.


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FactCheck: how do planned UK strike laws compare to France, Italy and Spain?
FactCheck: how do planned UK strike laws compare to France, Italy and Spain?
Rishi Sunak says the plans shouldn't be controversial.


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P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital
P2P lending platform PeopleFund raises $20M Series C extension led by Bain Capital
The Seoul-based P2P lending startup, founded in 2015, successfully closed its extension. Still, the impact of the extremely tough market condition was inevitable, leading to several tech industry layoffs in the last few months. PeopleFund confirmed that it had cut about 10% of its staff in the fourth quarter of 2022 to “operate the business efficiently and effectively” amid the possibility of a worsening economy. PeopleFund had nearly 150 people as of December 2021.


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Comic Gets This First-Ever Response From Simon Cowell On 'America's Got Talent'
Comic Gets This First-Ever Response From Simon Cowell On 'America's Got Talent'
By entering your email and clicking Sign Up, you\'re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.


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Netherlands Considers Sending Patriot Missile System to Ukraine
Netherlands Considers Sending Patriot Missile System to Ukraine
Gregory Allen, a senior fellow at the Center for Strategic and International Studies, said foreign governments appeared to be pushing for the agreement to be broadened further, to include countries like South Korea and Germany, to make sure they are not put at a commercial disadvantage by joining with the United States.


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Wyoming lawmakers propose ban on electric vehicle sales
Wyoming lawmakers propose ban on electric vehicle sales
A group of GOP Wyoming state lawmakers want to end electric vehicle sales there by 2035, saying the move will help safeguard the oil and gas industries. The measure, introduced to the state legisla


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More than 450,000 working days lost due to strike action in November 2022, highest for a decade
More than 450,000 working days lost due to strike action in November 2022, highest for a decade
Not since 1990 have there been as many strike days in a year, with rail staff, NHS workers, postal workers and many other industries' staff taking action over pay and working conditions.


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San Fran City Panel Urges Reparations Of $5 Million Per Black Adult | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero


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Greta Thunberg detained by police during eco protest in German village
Greta Thunberg detained by police during eco protest in German village
The Swedish environmental activist, 20, has been taking part in protests against the demolition of the village of Luetzerath, which is due to be cleared to make way for the expansion of a nearby coal mine.


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BBC apologises for pornographic prank during FA Cup football coverage
BBC apologises for pornographic prank during FA Cup football coverage
The stunt was picked up on by viewers as the incident was clipped and widely shared on social media. Daniel Jarvis, a self-styled YouTube prankster, claimed he was behind the stunt, posting a video on Twitter that seemed to show him at the TV studio at Molineux.


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Daily Crunch: Apple powers up 14- and 16-inch MacBook Pro models with M2 Pro and Max chips
Daily Crunch: Apple powers up 14- and 16-inch MacBook Pro models with M2 Pro and Max chips
Extra, extra, read all about how the Royal Mail confirmed a cyberattack that disrupted postal service in the United Kingdom. Carly writes that the confirmation comes a week after the Royal Mail said it was hit by an unspecified “cyber incident” that caused it to not be able to dispatch items overseas. CEO Simon Thompson said he didn’t believe customer data was compromised, but notified authorities in case that changes. Some reports say the LockBit ransomware group is behind this, and Carly is working on confirming that.


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Morgan Stanley CEO Gorman says he's confident deal activity will return once the Fed pauses
Morgan Stanley CEO Gorman says he's confident deal activity will return once the Fed pauses
\"There\'s a lot of money sitting around waiting to be put to work. Our job is to be the flow of capital between those who have it and those who need it. So I\'m pretty confident actually about the outlook,\" Gorman said.


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Actors Idris and Sabrina Dhowre Elba on how their parents inspired their activism
Actors Idris and Sabrina Dhowre Elba on how their parents inspired their activism
A trip to Sierra Leone also inspired her due to the stories she heard from locals, Dhowre Elba explained. \"It was a life-changing trip for me,\" she said. \"Why I go on field visits so often with the organization is because you really remember that small things can make such huge changes.\"


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Putin is a tyrant who wants to enslave Ukraine, Poland's president says
Putin is a tyrant who wants to enslave Ukraine, Poland's president says
Duda described Russia as wanting to extend its sphere of influence for centuries. \"Poland was partitioned for 123 years. Parts of Poland were under Tsarist rule, so we\'re perfectly aware what is happening. So that\'s why we\'re defending ourselves. If someone says \'Russkiy mir\' — \'Russian world\' or \'Russian peace\' — we say absolutely no! Anything but Russia, anything but the Russian sphere of influence.\"


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Jury seated in trial against Elon Musk was selected from a pool that called him 'arrogant' and 'off his rocker'
Jury seated in trial against Elon Musk was selected from a pool that called him 'arrogant' and 'off his rocker'
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Latest FTX bankruptcy doc details spending $253 million on Bahamian property and $93 million on politicians
Latest FTX bankruptcy doc details spending $253 million on Bahamian property and $93 million on politicians
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Fewer people than ever think their life is going to get better as 'economic optimism collapses' worldwide
Fewer people than ever think their life is going to get better as 'economic optimism collapses' worldwide
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Larry Fink, the face of ESG, says the attacks are now personal for the first time in his career. They are trying to demonize issues.
Larry Fink, the face of ESG, says the attacks are now personal for the first time in his career. They are trying to demonize issues.
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Tax season starts next week. Here are 5 ways you can prepare to file
Tax season starts next week. Here are 5 ways you can prepare to file
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Microsoft is preparing its biggest round of layoffs from this tech slump after shedding jobs in summer and fall
Microsoft is preparing its biggest round of layoffs from this tech slump after shedding jobs in summer and fall
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Worried about being laidoff? Many workers are trying 'career cushioning' to avoid being downsized
Worried about being laidoff? Many workers are trying 'career cushioning' to avoid being downsized
© 2022 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.




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