Fancy cars, fine dining, creator mansions, cash: Triller is shelling out for talent

When talk of a possible TikTok ban began in July, the leaders of a small social video app called Triller saw a growth opportunity.

To attract users, the company set its sights on TikTok’s biggest names. Some of the Sway Boys, a group of TikTok influencers, had been toying with the idea of building their own app to compete with TikTok, but after a discussion with Ryan Kavanaugh, the majority owner of Triller and a veteran entertainment executive, they decided the platform could be good for them.

Triller offered the creators a deal: Tell your audience on TikTok that you’re moving to Triller, and we’ll give you equity and roles within the company. You can still post on TikTok, they were told, but only if you post on Triller more frequently. In turn, of the Sway Boys, Josh Richards, 18, was named Triller’s chief strategy officer, and Griffin Johnson, 21,

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Make cash on your old device before buying new model

CLOSE

According to Decluttr, current iPhone models are estimated to drop 15% in value, on average, within the first month of the iPhone 12 launch.

USA TODAY

Tempted to upgrade to a shiny new iPhone, expected to be unveiled next week?

You’re not alone – especially since it will be the first 5G-ready iPhone.

The iPhone 12 family will take advantage of emerging fifth-generation cellular networks, which offer much faster data speeds in select markets, among other benefits.

What’s more, Apple will likely add a Touch ID sensor to the side of the new iPhone – as the company just introduced in its new iPad Air – making it easier to log on and buy things while wearing a face mask.

And to make an upgrade even more enticing, many mobile providers and retailers are offering a trade-in incentive, and several sites want to buy your old tech. After all,

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Australian science and technology sectors talk of ‘revival’ as Federal Government splashes the cash in Budget

It was 2013 and the Coalition, under the leadership of Tony Abbott, had just taken power.

The new prime minister unveiled his cabinet, what he called one of the most experienced in Australian history.

But one portfolio was missing.

For the first time since 1931, there was no minister for science.

The CSIRO, and the country’s climate science body was significantly watered down.

A year later, the science portfolio would be reinstated, but for many in the science community, the damage was done.

Fast forward to today and it’s a different story: the Morrison Government is winning widespread praise from the science and technology sectors.

As soon as the Budget landed this week the praise started flowing from science bodies across the country.

The Budget would spur a “research revival”, according to Science & Technology Australia, Australia’s peak body for science and tech industries.

It said it was a “shot

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WSJ Wealth Adviser Briefing: Exxon Turbo Boost, Tech Buyout Fantasies, Stashing Cash

Michael Nathanson, chairman and CEO of the independent wealth management firm Colony Group, told Barron’s that robo-advisers have a role to play in serving certain client segments. As for the industry’s continued shift toward client-centric wealth management advice and away from the investment-only models of the past, I think the shift can’t be completed quickly enough.

Does the evolution in the industry come down to financial advisers doing a better job embracing new technologies? We must all do so, but simply committing ourselves to using more and better technology isn’t committing ourselves to meaningful, evolutionary changes. In fact, it may merely be masking the need for such changes.

Below, some of the best analysis and insight from WSJ writers and columnists, the Dow Jones Newswires team and occasionally beyond, on investing, the wealth-management business and more.

ELECTION

Where Trump and Biden Stand on Mortgage Finance: The incumbent administration eyes

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Google is providing cash awards to 76 startups through a racial equity initiative announced in June

In June of this year, as more of the world began to awaken to the many ways that people of color are systematically discriminated against amid months of protest, a wide number of companies announced initiatives aimed at improving the representation of underrepresented groups within their own ranks and as recipients of their investment dollars.

Unsurprisingly, Alphabet, among the world’s biggest and most profitable companies, was among them. Specifically, as part of Alphabet’s commitment, Jewel Burks Solomon — who is the head of the company’s nine-year-old program Google for Startups — agreed to help steer $5 million in cash rewards of up to $100,000 to select startups.

The company didn’t waste much time. Today, Solomon is announcing that the money has been committed to 76 different startups that were chosen for their geographic diversity as well as the diversity of their companies’ mission.

Solomon and her team had some help.

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15 ways to make extra cash before the end of the weekend

15 ways to make extra cash before the end of the weekend
15 ways to make extra cash before the end of the weekend

Whether you’re struggling to make rent or just saving up for a new smartphone, you’d be glad to have some extra money in your pocket during the pandemic.

Millions of Americans are feeling the pinch these days, especially now that the $600 bonus unemployment benefits are long over and Washington still hasn’t agreed to send more stimulus checks.

Got money woes? You find lots of lists online claiming to have answers, but it’s hard to tell which methods really work and which ones are scams.

To make things easier, we’ve checked out a bunch of money-saving ideas and have put together this roster of 17 legit ways you can give your bank balance a boost during these tough times.

1. Check if you’ve got any unclaimed money lying around

<cite>W. Scott McGill / Shutterstock</cite>
W. Scott McGill / Shutterstock

It’s possible that you

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Seagate Technology’s Cash Flow Increases The Safety Of Its Dividend Yield

Nine new stocks make the Safest Dividend Yields Model Portfolio this month, which was made available to members on September 23, 2020.

Recap from August’s Picks

On a price return basis, the Safest Dividend Yields Model Portfolio (-2.5%) outperformed the S&P 500 (-3.3%) by 0.8% from August 20, 2020 through September 21, 2020. On a total return basis, the Model Portfolio (-2.1%) outperformed the S&P 500 (-2.9%) by 0.8% over the same time. The best performing large cap stock was up 11% and the best performing small cap stock was up 6%. Overall, 12 out of the 20 Safest Dividend Yield stocks outperformed their respective benchmarks (S&P 500 and Russell 2000) from August 20, 2020 through September 21, 2020.

Only my firm’s research utilizes the superior data and earnings adjustments featured by the HBS & MIT Sloan paper, “Core Earnings:

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Quibi’s Slow Start Puts Pressure on Katzenberg to Boost Cash

(Bloomberg) — Quibi, one of Hollywood’s most ballyhooed startups, is having a rocky first year.

Founder Jeffrey Katzenberg  envisioned an app that would entertain people during the odd, in-between times in their lives — while commuting, say, or waiting in line at the bank. But when the April launch date arrived, Americans were in lockdown due to the coronavirus, meaning such moments had all but disappeared.

On Sept. 21, the Wall Street Journal reported that Quibi has so far failed to reach its subscriber targets and is working with advisers to assess its options, including a possible sale or a capital raise.  



Jeffrey Katzenberg sitting on a bench: Quibi Founder Jeffrey Katzenberg And CEO Meg Whitman Interview


© Bloomberg
Quibi Founder Jeffrey Katzenberg And CEO Meg Whitman Interview

A lot can change in the future. Quibi could have a wildly popular hit show that lures in millions of new subscribers. A nation of smartphone consumers venturing back into the world could embrace the service as 

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Amazon and Big Tech cozy up to Biden camp with cash and connections

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WASHINGTON (Reuters) – With a framed Joe Biden poster in the background, Amazon.com Inc’s Jay Carney made no secret of his long history with the presidential candidate while speaking at a virtual policy roundtable during August’s Democratic party convention.

Carney, who is Amazon’s public policy and communications chief, touted the hundreds of thousands of jobs his company has created and joined Microsoft Corp’s President Brad Smith as one of two senior tech executives to have a public role at the convention – hinting at Amazon’s potential influence on a Biden administration if the democrat wins the White House.

Amazon appears to have taken an early lead making in-roads with the Biden camp, according to data gathered by Reuters from OpenSecrets and campaign finance records, along with interviews with over a dozen stakeholders

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The coming cash crunch – can technology help?

Make no mistake, there’s a cash crunch a-coming. While governments around the world have done their best to provide relief to both businesses and people the extent to which they can continue providing unfettered assistance is limited.

In the UK for example, we have seen the government go from pretty much funding its citizens and businesses through a variety of schemes to a situation where business has to at least partially fund furloughed workers. In addition selective extended restrictions are playing havoc in some regions where some cities are operating on a stop-start basis. That adds cost at a time when it’s nigh on impossible to think of raising prices. 

To get a sense of what this looks like, data published by Xero provides a picture of how the pandemic has impacted business activity – see below:

(Screenshot from Xero presentation )

For another view, consider this graph from the

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