• Breaking News

    Wednesday, October 28, 2020

    Business Reddit won't lower employee pay if they move out of high-cost cities like San Francisco

    Business Reddit won't lower employee pay if they move out of high-cost cities like San Francisco


    Reddit won't lower employee pay if they move out of high-cost cities like San Francisco

    Posted: 27 Oct 2020 05:27 PM PDT

    SpaceX prices Starlink satellite internet service at $99 per month, according to e-mail. Called the “Better Than Nothing Beta” test, initial Starlink service is priced at $99 a month – plus a $499 upfront cost to order the Starlink Kit.

    Posted: 27 Oct 2020 09:16 AM PDT

    Turkish lira weakens to record low beyond 8.1 against dollar

    Posted: 27 Oct 2020 06:36 AM PDT

    Microsoft earnings beat expectations, driven by video game sales and cloud demand

    Posted: 27 Oct 2020 08:02 PM PDT

    Media executives are finally accepting the decline of cable TV as they plot a new path forward. At least three large U.S. media companies expect the number of U.S. households that subscribe to a traditional pay-TV bundle to fall to about 50 million in the next five years.

    Posted: 27 Oct 2020 09:58 AM PDT

    Free Business Ideas

    Posted: 28 Oct 2020 01:44 AM PDT

    Game Shame - App for PS5/Xbox/Apple TV/Chromecast - The app that allows users to watch videos of people making bets on sports or video games where the loser does something PG-13 embarrassing. Bettors shoot video of themselves making the bet, agreeing to the terms, and talking shit. After the game, they post the video of the loser doing the joke. Every week, there is a show posted in the app where a host highlights the best bets and jokes made in the week.

    Hire Me - App for iOS and Android - The app that allows users to post a video interview conducted by a Hire Me interviewer for potential employers to view. Hire Me also verifies all of a user's credentials and conducts a personality test.

    Lecture Me - App for Chromecast and Apple TV - The app that allows users to attend digital lectures for a fee. Lecture Me verifies the lecturers credentials. Lecturers sell tickets and set the price for their lectures. Users watch the lecturer and presentation on a split screen on their TV. When a user asks a question, they speak into their phone and they appear on the TV screen.

    Pick Me - App for Apple TV, Chromecast, iOS, Android - The video dating app that allows users to watch ten minute interviews of potential dates. The interviews are done in a studio, with professional lighting, a very nice set, shot in 4K HDR, and have optional makeup, hair and wardrobe. The interviewers will ask users about their hobbies, interests, histories, and passions. Users also have the option of playing a silly game to show off their fun side. Users can hire a professional interviewer or bring their friend to interview them for free. Users are allowed to see basic biographic information and a clip of a video, but no other information before watching the interview (no pictures or biographies). Pick Me will use the franchise system, allowing entrepreneurs to create their own studio, wardrobe style, and interview style under the Pick Me umbrella.

    Quizzi - Gambling Device for casinos and bars - Quizzi is a gambling game where users are asked random trivia questions of random difficulty for a half hour in a radio proof booth. Since the topics and the degree of difficulty are random, this is in effect gambling that you get easy to answer questions. Users read questions and buzz in as fast as they can, answering the question with their voice to an AI. Passing on a question is better than buzzing in and getting it wrong. A user's correct answers and speed with which they buzzed in factors into their score. The top 1% of scorers in the nation for the month receive the jackpot minus the providing establishment's cut. Users can win multiple times. Each game costs $20.

    VibeChat - The app that allows users to form social jukeboxes in coffee shops, bars, restaurants etc. where users take turns selecting songs while using the app to text chat to one another. The app can play the song on the establishment's sound system or it can play the music out of each user's phone with headphones. The point is to go to a place, play your favorite songs for everyone while texting in a public group chat with everyone in the room. It's a good way to break the ice with the people in the room. VibeChat is a music streaming service where users pay 10 dollars a month.

    submitted by /u/polite_porcupine
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    Found a certified website selling 600 surgical masks for $155

    Posted: 28 Oct 2020 01:40 AM PDT

    Found a website selling 600 face masks for $155, for those of you who run in-person businesses this would probably be a good investment for employees.

    www.uthermometer.com

    Stay safe folks

    submitted by /u/present_dweller
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    Seems like a degree from Harvard does not make you immune to failure

    Posted: 28 Oct 2020 01:32 AM PDT

    Came across this article today listing some of the most spectacular business fails from Harvard grads.

    Fuc*ing up a 150 year old media giant is not easy lol

    https://www.jumpstartmag.com/harvard-entrepreneurs-that-failed-spectacularly/

    submitted by /u/jurg33n
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    Negotiating monthly payment plan with business landlord. Need guidance and tips!

    Posted: 28 Oct 2020 12:59 AM PDT

    So long story short (kinda), my beloved mother passed away unexpectedly earlier this year and her business was left to my father who is 70 years old with dementia. I have since been in charge of running her business with little to no experience. Since COVID hit, we have barely been squeezing by and fell behind on rent for several months. I had a meeting with the landlord a few weeks ago and have been negotiating a monthly payment plan through emails to pay off what is owed, however, we have yet come to any agreement. From the meeting and emails it is clear that the landlord is willing to negotiate and he has been pretty understanding with the whole situation with my mother (god bless her!) and COVID. If someone on here can give me some tips or guidance towards someone who can help me negotiate, I would very much appreciate it. I'm scared of screwing this up and potentially losing the whole business. I've had so much on my plate lately and it's been extremely stressful...

    Thank you!

    submitted by /u/saywha17
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    David Murdock, Owner of Dole Foods -- the Largest Fruit Company in the World -- Rips Off Police and Firefighters so he Can Build Massive, 267-Room, 700 000 Square Foot Hotel

    Posted: 27 Oct 2020 02:22 PM PDT

    Dole Foods is probably the best example of the corruption potential that exists in the shareholder communications infrastructure. David Murdock took the company public, then essentially ripped off a bunch of elderly police officers and firefighters, rigged the vote, then bought back the company for significantly less than it was worth. At the time, he was struggling with loans connected to his $450 000 000 hotel that he had recently built directly across from Dole's corporate headquarters. The interest rate, prior to his decision to take the company public, had been increased to 13.875%.

    (August 30, 2007) "Bond investors may wish Murdock would spend less time on his health crusade and more improving Dole's bottom line. Last year, the company lost $89 million on $6.2 billion in sales. The assessment of its $2.4 billion in bonds and bank debt by Fitch Ratings ranges from "speculative" to "high default risk.".

    Bloomberg

    (28 Mar 2005) "Moody's expects leverage to remain high in support of Mr. Murdock's strategic initiatives, such as construction of a wellness center and acquisition of other food product lines with perceived health benefits".

    Moody's

    He ripped off the pension funds by manipulating the share price through the propagation of knowingly false information about the company's cost savings estimates from one of the largest asset sales in the food industry's entire history, that being the sale of his Asia pacific division to ITOCHU ..

    But here is the key: look at the vote tally.

    "Dole held a special meeting of stockholders on October 31, 2013. A narrow majority of 50.9% of the disinterested shares voted in favor*,* 21.2% voted against, 10.5% abstained, and 17.4% did not vote. The transaction closed on November 1, 2013"

    50.9%.

    Experts have claimed that due to a banks ability to invent fictitious owners, that a margin of victory of anything under 5% can easily be manipulated..

    "The existing system of shareholder voting is crude, imprecise, and fragile. Gil Sparks, a leading Delaware lawyer, estimates that, in a contest that is closer than 55 to 45%, there is no verifiable answer to the question "who won?" "

    The Hanging Chads of Corporate Voting

    And what do you know, Dole turns out to be the only company in American history caught red handed with more shareholders than shares actually in existence..

    IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

    IN RE DOLE FOOD COMPANY, INC. STOCKHOLDER LITIGATION

    "There were 36,793,758 shares in the class. At the conclusion of the claims process, however, claimants had submitted facially valid claims for 49,164,415 shares".

    ….."Despite diligent efforts, the settlement administrator and class counsel could not resolve the discrepancy".

    According the Court of Delaware, finding out who the true owners of the largest fruit company in the world would require a 'herculean effort', one for which " "The journey down the rabbit hole would require mapping the entire warren"

    https://courts.delaware.gov/opinions/download.aspx?ID=228790

    Suppose we shouldn't expect any less from a district that allows confessed infant rapists ( not child, but infant) to get off on probation because the persons family (The Du Pont's) is too rich and powerful to meaningfully prosecute..

    All this so he could build his sh*t hotel.

    submitted by /u/interestingstuff6
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    Why do firms may have incentives to disclose discoveries to competing firms?

    Posted: 27 Oct 2020 11:29 PM PDT

    Behind Arab nations' disproportionate economic pain, there is a reason older than coronavirus

    Posted: 27 Oct 2020 10:46 PM PDT

    Ordermark Raises $120M in Series C Funding Led by SoftBank Vision Fund 2 to Help Independent Restaurants Thrive

    Posted: 27 Oct 2020 06:38 AM PDT

    Dealership uses union labor after protests

    Posted: 27 Oct 2020 01:37 PM PDT

    SPSS vs SAS: Find Our The Best Statistics Software - TechBiason

    Posted: 27 Oct 2020 10:11 AM PDT

    what is a recent news story about 2 different business that used deceptive marketing practices?

    Posted: 27 Oct 2020 03:05 PM PDT

    Microsoft's search revenue decline could spell bad news for Google

    Posted: 27 Oct 2020 06:17 PM PDT

    Looking for advice on starting a new partnership with an existing vendor and if I should ask to bill my time

    Posted: 27 Oct 2020 05:30 PM PDT

    So, in the wake of Expensify's recent email, we are now looking for a new expense tracking program. A current vendor of ours is working on their own expense management program (EMP), and have asked us if we would be their partner for building out the functions and components, since our business (wholesale) is vertically different than theirs (services). For our involvement, we are promised to get to use their service for free forever (will obviously get this in writing), however, I'm thinking that I should ask to be able to bill my time to them, as well. I calculated out my hourly rate, and after 3 hours spent manually working through our expenses, I will have cost more than a monthly rate for an existing EMP (i.e.; Certify, TravelBank, etc.), and will be agreeing to do this for 60-90 days (honestly, I would expect longer), thus increasing my workload.

    Would it make sense to ask to bill them for the time I spend helping them research and build this out, as well as the free forever? I would assume my commitment to them would be a few hours a week, so why not make some cash off it if that's ethical/practical.

    submitted by /u/IrishHog09
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    What should I do?

    Posted: 27 Oct 2020 05:07 PM PDT

    Hey. I am a teenage entrepreneur and recently I started a web design business. I have gotten 3 clients so far but I am not quite sure how to move forward. I haven't had much luck emailing local businesses and have exhausted any Craigslist gig in the United States that fits my skill set. I would like to find other businesses or people that can refer people or existing clients to me but I'm not sure where or how to do this. I would be willing to give them a decent portion of each sale(10%) but I don't know how to go about this. Any feedback would be greatly appreciated. My business site is here if you would like to see my provided services. chasebonfiglio.com

    submitted by /u/ChaseBStudios
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    Digital card creation platform suggestions!

    Posted: 27 Oct 2020 03:50 PM PDT

    Hello everyone, I'm president for a University club and would like to introduce digital cards to our 200+ members; instead of printing credit card like cards as it's environmental friendly.

    The digital card does not have to contain any barcodes/ qr codes, just the logo's of our sponsors so members are able to receive discounts at participating restaurants/ stores once they show the card.

    A plus would be if the card can be stored on apple pay/ google wallet (but not necessary).

    Any ideas/ suggestions as to how I can design and execute this is highly appreciated.

    Thanks!

    submitted by /u/Bulky-Consideration
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    Crowdfunders: What is your experience?

    Posted: 27 Oct 2020 02:45 PM PDT

    Hello everyone, I'm a student at the University of California, Irvine, conducting surveys about your experiences with Crowdfunding. We (a team of UCI students) are doing this survey for our Informatics course in partnership with StartSmart, an entrepreneurship platform. To reiterate, we are students (not paid)!

    Our goal is to understand pain points in crowdfunding, as well as successful strategies.

    Here's the link to our form:

    https://forms.gle/EJhP4e6K4ELJLJUj6

    Feel free to let me know if you have any questions! Too busy to fill out the survey? Jot down your experience with crowdfunding as a comment!

    Thanks again and stay safe y'all <3

    submitted by /u/nananananate
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