Day: June 28, 2020

Starbucks suspends advertising on all social media platforms, becoming the latest company to boycott Facebook

A Starbucks store sign is shown during the coronavirus disease (COVID-19) outbreak in Valparaiso
A Starbucks store sign is shown during the coronavirus disease (COVID-19) outbreak in Valparaiso

Reuters

  • Starbucks announced Sunday it will suspend all of its advertising across social media platforms as it conducts discussions “internally, with our media partners, and with civil rights organizations” about ending the spread of hate speech.

  • Facebook, in particular, has taken criticism for its response to hate speech on its platform and its decision to allow President Trump to make controversial posts, such as calling protesters “thugs” and writing “when the looting starts, the shooting starts.”

  • Starbucks joins Coca Cola in announcing an outright suspension on all social media advertising, while other companies have announced temporary bans on Facebook ads.

  • While the company is suspending its social media ads, it is not joining the #StopHateForProfit campaign bolstering the Facebook advertising boycott, according to CNBC.

  • Visit Business Insider’s homepage for more stories.

Starbucks on Sunday announced it

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Jack Ma’s New Chieftain Lays Out His Plan to Fend Off Tencent

(Bloomberg) —

Billionaire Jack Ma’s newest chieftain is accelerating Alipay’s evolution into an online mall for everything from loans and travel services to food delivery, in a bid to claw back shoppers lost to Tencent Holdings Ltd.

Ant Group Chief Executive Simon Hu is aggressively pitching digital payment and cloud offerings to the local arms of KFC Holding Co. and Marriott International Inc., expanding the firm’s focus from banks and fund managers on its ubiquitous app.

The Alibaba Group Holding Ltd. affiliate’s strategy is two-pronged. It halts Tencent and food delivery giant Meituan Dianping’s run-away success in attracting local merchants to their platforms, eroding Ant’s dominance of China’s $29 trillion mobile payments space. It also diversifies Ant’s business into less-sensitive areas after the firm drew regulatory scrutiny for its blistering expansion in financial services with in-house products.

“We want to help digitize the services industry,” said Hu in his first

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Starbucks pausing ads ‘across all social media platforms’ in effort to combat hate speech

Starbucks is the latest company to say it will pause advertising on “all social media platforms” and promises to have discussions internally and with media partners and civil rights organizations to stop the spread of hate speech. The company will continue to post on social media without paid promotion, it announced Sunday.

“We believe in bringing communities together, both in person and online, and we stand against hate speech,” the company said in a statement Sunday. “We believe more must be done to create welcoming and inclusive online communities, and we believe both business leaders and policy makers need to come together to affect real change.”

Starbucks is the latest major advertiser to make such an announcement amid a boycott that began with Facebook but is now hitting other social media platforms. Coca-Cola on Friday also said it would pause advertising on all social media platforms globally, while Unilever is

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4 Money Management Tips for Entrepreneurs

Entrepreneurs are facing unprecedented levels of economic anxiety threatening to imperil their company’s financial stability. Numerous businesses around the world have shut down due to social distancing measures, with many likely to close permanently. Entrepreneurs and prospective startup owners seeking to avoid this fate need to manage their money carefully, as failing to carefully steward finances right now is a one-way ticket to bankruptcy.

Don’t sit around and wait for financial salvation to miraculously appear. Instead, be proactive and take these steps to protect your company’s future.

1. Take advantage of tax breaks.

Few people hate taxes as much as entrepreneurs who are forced to pay steep fees over and over again. High tax rates diminish commercial growth by limiting the size of a company’s workforce, discouraging renovations and the physical expansion of businesses, and burdening companies with payments that are difficult to shoulder during trying economic times. Avoid paying

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‘Dungeons & Dragons’ Race Issues Have Deep Roots In The World Of Fantasy

Wizards of the Coast — the company behind the self-proclaimed “world’s greatest role-playing game,” “Dungeons & Dragons” — has committed to stressing diversity and removing racially problematic language from its product line, and fans are holding the company to account for its promises.

“Dungeons & Dragons,” commonly known as D&D, is a game in which a group of players creates characters, rolls dice and navigates a story overseen by a Dungeon Master. Originally created in 1974, the game issued a fifth edition in 2014 that became its most popular, especially after livestreaming platforms such as Twitch and shows such as Netflix’s “Stranger Things” introduced D&D to new audiences.

The game’s newfound popularity, however, has also invited critiques. Critics have pointed out that when creating a character, D&D players must choose a “race” — such as an elf, dwarf or gnome — and that this usage of the word is technically

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Salesforce CEO urges public schools to build ‘resiliency,’ distance learning as coronavirus rages

Marc Benioff sees an opportunity to build resiliency in the public education system, as the raging coronavirus pandemic calls into question whether schools can reopen in the fall.

The COVID-19 pandemic resulted in mass school closures, with teachers and students relying heavily on remote learning.

Benioff, the billionaire tech chief and founder of enterprise software giant Salesforce (CRM) is a big supporter of public schools. He told Yahoo Finance in an interview that officials need to be prepared for the fall — especially if a dreaded second COVID wave swamps the U.S., which is faltering in its efforts to contain the first.

“I think we’ve got more issues coming. And we better be ready and build that resiliency now into our public education system,” Benioff said. 

The 55-year-old CEO who has an estimated net worth of $7.6 billion is a significant benefactor of public schoolhouses. Since Benioff made an impromptu

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Can I go on holiday this summer and will I have to quarantine?

EPA
EPA

For many, it felt like summer was cancelled as soon as Matt Hancock said as much on ITV’s This Morning back in early May.

“I think that’s likely to be the case,” the health secretary answered when asked if sunny season would be off the agenda for the first time since the Second World War.

But there are now glimmers of hope that something could be salvaged as Britain’s lockdown restrictions continue to ease. Here are your questions answered…

Will I be able to go on holiday this summer?

This is contingent on several factors: the current Foreign Office blanket ban on all international travel being lifted; the host country being willing to accept tourists from the UK; no quarantine being imposed upon arrival or return to the UK; the ability to get to the airport; and the ability to fly or otherwise travel to your chosen destination.

While

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Global virus infections top 10 million

Global infections from the novel coronavirus have topped 10 million as the rate of new cases surges, particularly in the United States and Latin America, according to an AFP tally on Sunday.

One million new infections were recorded in only six days, according to the count based on official sources, just as countries start to unwind punishing lockdowns that have devastated their economies and thrown millions out of work.

The worldwide death toll from the disease that first emerged in China six months ago is also nearing 500,000 as fears grow of a full-blown second wave, with the rate of contagion doubling since May 21.

The United States, the hardest hit country, has surpassed 2.5 million cases alone, as efforts to reopen the world’s economic powerhouse were set back by a jump in new infections in big states such as Florida.

President Donald Trump was under mounting pressure to set

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9 Questions to Be Ready to Answer in a Remote Job Interview

Remote work has been on the rise for years, but the COVID-19 pandemic has finally shoved it into the limelight.

Being forced to send workers home to slow the spread of the disease throughout 2020 and into 2021 will likely cause many employers to rethink their positions on remote work and open up more work-from-home positions.

“A lot of people have been transitioning into working remotely solely because they have the option to work while traveling, or while trying to be safe from the virus,” said Carolyn Cairns, marketing manager at Dubai- and UAE-based business setup firm Creation Business Consultants.

Employers across all industries, whether they’re new to managing remote workforces or have long been remote operations, want to know how employees will handle working from home.

So if you’re applying for a work-from-home position, be prepared to answer these remote job interview questions.

9 Questions You Might Have to

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The ‘domestic terrorist’ designation won’t stop extremism

<span class="caption">When blocking a highway, who is a domestic terrorist and who is a peaceful protester? And does it make a legal difference?</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://www.gettyimages.com/detail/news-photo/protesters-block-interstate-5-after-marching-from-the-area-news-photo/1222748902" rel="nofollow noopener" target="_blank" data-ylk="slk:David Ryder/Getty Images">David Ryder/Getty Images</a></span>
When blocking a highway, who is a domestic terrorist and who is a peaceful protester? And does it make a legal difference? David Ryder/Getty Images

As U.S. politics heat up in advance of the November election, it’s not surprising that extremist groups across the political spectrum are becoming more active and engaged in acts of political violence.

A growing number of scholars and policymakers suggest this problem should be dealt with by designating violent groups as “domestic terrorist” organizations.

Like most students of American extremism, I agree that some members of domestic extremist groups do engage in terrorist acts – using violence to spread fear among targeted groups of people, with the aim of promoting political objectives. Nonetheless, as someone who has studied democracies’ response to domestic terrorism for almost 20 years, I believe that legally designating domestic extremist groups as terrorist organizations will have limited benefits, if any at

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