Business


 

How the coronavirus is impacting the advertising business as sports TV viewing evaporates, events are cancelled, and consumers stop spending

The coronavirus pandemic is upending the advertising business, along with other swaths of the economy. Here is a breakdown of how the pandemic is impacting advertising, from events cancellations to buzzy startups whose sales are tanking. Visit Business Insider's homepage for more stories. The advertising business has been upended by the coronavirus, along with other sectors of the global economy. Events and in-person pitch meetings have been cancelled, advertisers have hit the breaks in spend...
Tags: Google, Amazon, Facebook, Asia, Barack Obama, Trends, Fox, Nba, Hilton, Ncaa, Silicon Valley, Publicis, WPP, McCann, JPMorgan Chase, IPG


Millions of dollars are at stake as big advertisers and agency holding companies consider sitting out the Cannes Lions ad festival

Advertising's biggest and most expensive event, the Cannes Lions Festival of Creativity, was postponed to October from June in response to the coronavirus outbreak. Each of five biggest ad holding companies spends upward of $20 million on Cannes every year, but multiple sources told Business Insider they are leaning toward sitting 2020 out due to health and reputational concerns. These people say agencies and Cannes parent company Ascential have been in talks that included the possibility of C...
Tags: Google, Facebook, Congress, US, Trends, Louisiana, Cannes, Cannes Lions, Business Insider, Sxsw, Thomas, Ascential, French Riviera, Havas, IPG, Cannes Lions Festival


10 retailers like Macy's, Ralph Lauren, and Victoria's Secret suspended their affiliate programs with a top influencer platform

At least 10 retailers including Macy's, Patagonia, and Victoria's Secret suspended their affiliate programs with RewardStyle, according to a blog update on the popular influencer platform.  The change was announced on March 24 in the members-only section of RewardStyle's website, which was viewed by Business Insider.  One brand listed on March 24, Ulta, later reinstated its program with RewardStyle, according to a March 26 email to RewardStyle members viewed by Business Insider. As brands canc...
Tags: Instagram, Rihanna, Trends, Patagonia, Victoria, Ralph Lauren, Ken Burns, Tj Maxx, Macy, Bloomingdale, Dillard, Ulta, Men s Warehouse, Fenty Beauty House, Bank Macy s Patagonia Ralph Lauren Slam Jam, Maxx Victoria


In The News: How Small Businesses are Handling the Coronavirus Pandemic

The way small businesses or companies of any size operate has been upended by the coronavirus. So, addressing how to handle the coronavirus crisis and keep your company productive during this time has become paramount. And this week’s roundup has an article appropriately titled, “How to Handle the Coronavirus Crisis and Keep Your Team and Yourself Productive.” It looks at how you and your team can work remotely and the tools you can use to make it happen. Similarly, another article looks at the...
Tags: White House, Sales, Reagan, United States, Donald Trump, Instacart, Costco, Irs, Alice, Safeway, Elizabeth Gore, Mailer, DepositPhotos, Small Business News, Tax and Trade Bureau, Folloze


Thousands of spring breakers traveled from one Florida beach to cities across the US — mapping their phone data shows the importance of social distancing amid the coronavirus outbreak

Despite CDC guidance recommending social distancing to stop the spread of coronavirus, spring break partiers flocked to Florida beaches earlier this month. Newly-released phone location data shows how people congregated at one Florida beach then traveled across much of the US. The data shows roughly 5,000 devices traveling from a single beach in Fort Lauderdale in one week to cities spanning the Eastern US, including New York, Chicago, New Orleans, and Houston. Visit Business Insider's homepa...
Tags: Florida, Cdc, US, Trends, Louisiana, Houston, Donald Trump, Fort Lauderdale, Eastern US, Lauderdale, New York Chicago New Orleans, Tectonix GEO, Ron de Santis


Dropbox is temporarily halting its recruiting efforts, in a blow for tech workers seeking jobs as startups ramp up mass layoffs

Dropbox has temporarily halted all recruiting efforts as the company works through the challenges of integrating new hires remotely, Business Insider has learned.  "In order to ensure we're onboarding new hires effectively and managing the strain on these teams during the shelter-in-place orders in effect across the globe, we've paused recruiting efforts temporarily," a Dropbox spokesperson confirmed.  The file-sharing service is continuing to honor all pending offers and ongoing interview pro...
Tags: Google, Facebook, Trends, Linkedin, Nasa, Dropbox, Andreessen Horowitz, Marc Benioff


How Do Small Businesses Earn Customer Loyalty? [Infographic]

Sponsored Post It’s no surprise that consumers often feel a more personal connection to small businesses. There’s something about doing business with an independent CPA or indie cafe owner than with a big tax accounting firm or national coffee chain. But those personal connections have to be earned over time. With each interaction, one customer at a time, small businesses must prove themselves trustworthy. That trust forms the foundation for customer loyalty. In October 2019, we surveyed consum...
Tags: Sponsored, Sales, Salesforce, Dreamforce, Marketing Tips


Trump is attacking GM on Twitter after a report said the White House was reconsidering a deal to have the automaker help produce ventilators (GM, F)

President Donald Trump attacked General Motors on Twitter on Friday after The New York Times reported that the White House was reconsidering a deal to buy much-needed ventilators amid the coronavirus outbreak. He also demanded that Ford produce ventilators, which could be in short supply as hospitals are deluged with patients. Visit Business Insider's homepage for more stories. President Donald Trump attacked General Motors in several tweets Friday after a deal for the company to produce ven...
Tags: Facebook, New York, White House, US, Trends, General Motors, Ford, New York Times, Mary Barra, Gm, Ohio, Times, Andrew Cuomo, Donald Trump, Trump, Donald J Trump


Apple now offers 90-day trials for Final Cut Pro X and Logic Pro X

Apple is taking advantage of the fact a whole lot of people are working from home these days by offering 90-day trials for both Final Cut Pro X and Logic Pro X for the first time. For those of you who are stuck at home and have extra time in this strange age of coronavirus, perhaps its time to learn a new skill. If you have a Mac, of course. The company previously only offered a 30-day trial for Final Cut Pro X. As someone who has gone through a myriad of 30-day trials in his cheapskate lifetime...
Tags: Apple, Startups, Apps, Coronavirus


The long, wild story of the universe, in 5 eras

We're in the middle, or thereabouts, of the universe's Stelliferous era.If you think there's a lot going on out there now, the first era's drama makes things these days look pretty calm.Scientists attempt to understand the past and present by bringing together the last couple of centuries' major schools of thought. If you're fortunate enough to get yourself beneath a clear sky in a dark place on a moonless night, a gorgeous space-scape of stars waits. If you have binoculars and point them upwar...
Tags: Astronomy, Space, Earth, Physics, Innovation, Universe, Dark Matter, Telescopes, Phil Plait, Cosmos, Gregory Laughlin, Fred Adams, Stelliferous, Ethan C Siegel


Pardon the Intrusion #14: There is some honor among thieves

Subscribe to this bi-weekly newsletter here! Welcome to the latest edition of Pardon The Intrusion, TNW’s bi-weekly newsletter in which we explore the wild world of security. If you own a smartphone, you’re probably being tracked as part of a surveillance system. As the coronavirus pandemic accelerates, governments worldwide have turned to technology such as phone tracking and facial recognition to battle the virus and contain the outbreak. These are unprecedented times we live in. But is it wor...
Tags: Security, Startups, Privacy, Newsletter


Norwegian school ditches video calls after naked man ‘guessed’ meeting link

It’s not the lesson anyone expected. A Norwegian school is ditching popular video conferencing service Whereby after a naked man “guessed” the link to an online video tutorial and exposed his erect penis to a group of nine-year-olds. The despicable man addressed the students, encouraging them to talk to him as he engaged in lewd activities on camera, local broadcaster NRK reports. One of the student’s parents eventually noticed what was happening after seeing parts of the conversation. The incid...
Tags: Startups, Apps, Netflix, NRK, Coronavirus


How I've been using free virtual Alcoholics Anonymous meetings to connect and stay sober while in COVID-19 isolation

Hundreds of online AA meetings are now available from all over the world, connecting people in some of the hardest-hit areas of the COVID-19 outbreak. The meetings address a vulnerability for alcoholics — isolation — and help to recreate the community that keeps many sober. AA meetings were held online previously, but never this many, with this many people attending. The only requirement for AA membership is a desire to stop drinking. You can find online meetings here. In accordance with AA's ...
Tags: Google, New York, San Francisco, Trends, Cisco, Beverly Hills, New Orleans, Jeff Bezos, Seattle, Business Insider, Sam Malone, Castro District of San Francisco, China Italy Spain


How To Spread The Word About Your First Business 

Spreading the word about your business is vital to enable you to create a constant stream of customers and to generate a buzz around your company within its first few weeks of opening. However, if you are starting a business for the first time, letting everyone know that you are open for business can be daunting. This guide will take you through some of the easiest ways that your company can become a permanent mark on the landscape before long. Become Part of the Community. If you decide to o...
Tags: Startups, Marketing, US, Ppc, Others, Business Advice, Startup Advice


Coyotes are roaming San Francisco's empty streets as the city's shelter-in-place order keeps people in their homes

Coyotes are being spotted in San Francisco as the city and region hunkers down due to a shelter-in-place order to contain the coronavirus disease. The animals are native to California and were once seen in the bay until hunting and poisoning nearly wiped them out. The canines are taking advantage of the city's empty, humanless streets as the number of confirmed cases in the city hit 223. Visit Business Insider's homepage for more stories. San Francisco has all but turned into a ghost town as...
Tags: California, San Francisco, Trends, Golden Gate Bridge, Cnbc, San Francisco Bay Area, Golden Gate Park, Glen Park, KQED, Marin Headlands, Christina Farr, Gianna Toboni, Glen Canyon Park San Francisco, Golden Gate en San Francisco La, NNdG3dcs2Q Coyotes


Fabled Chateau Marmont lays off most of staff amid coronavirus crisis

The Chateau Marmont hotel, a longtime haunt for Hollywood celebrities, has laid off an estimated 200 workers as business plummets amid the coronavirus outbreak, employees said. The workers, represented by Unite Here Local 11, say they were notified Thursday, March 17 that the hotel could no longer offer them work hours. Two days later, they were all let go. Employees say they account for nearly all of the staff. The union said management didn’t offer severance pay or continuing health insurance ...
Tags: Business, Hollywood, California, Los Angeles, Sport, Soccer, Los Angeles City Council, Chateau Marmont, COBRA, Labor Unions, Top Stories LADN, Top Stories OCR, Keith Birmingham Pasadena Star News, Top Stories Breeze, Top Stories LBPT, Racanelli


What winemaking has taught me about artificial intelligence

Like interwoven grape vines, the story of wine is laced throughout recorded history, dating as far back as China in 7000 B.C. The Egyptian pharaohs were said to have had a taste for the stuff. It was a central part of the culture in ancient Rome. Artificial intelligence (AI) traces its history to the 1950s with Alan Turing and the Dartmouth Summer Research Project, and only in recent years has it emerged as a technology poised to impact society on par with the industrial revolution in terms of e...
Tags: Startups, China, Rome, Alan Turing, Podium, Neural, Dartmouth Summer Research Project


The best over-ear headphones

Over-ear headphones tend to offer better sound quality than many in-ear headphones or on-ear headphones. The perfect pair of over-ear headphones blend impressive audio performance with a highly comfortable design. That's why we think the Beyerdynamic DT 1990 PRO headphones are the best over-ear headphones you can buy. For more headphone recommendations, check out our roundup of the best headphone deals. Headphones can be hard to buy. There are so many different styles and types to choose from ...
Tags: Amazon, Trends, Sony, Bose, Cnet, Ifa, Sennheiser, Tom, Steven Cohen, Sennheiser Momentum Wireless, Audio Technica ATH, Malarie Gokey, Audio Technica ATH M20x, Audio Technical ATH M20x


San Francisco is getting 3 new drive-thru sites for coronavirus testing as the city's number of confirmed cases climbs to 279

Three new drive-thru test sites will roll out in San Francisco next week to increase testing capacity for the coronavirus disease. Including the four mobile sites that are already in place, there will be seven such sites in the city. The news comes as the number of confirmed cases in San Francisco has reached 279. Visit Business Insider's homepage for more stories. San Francisco is rolling out three new drive-thru sites for the testing of the coronavirus disease, known as COVID-19. According ...
Tags: London, San Francisco, Trends, Beverly Hills, Jeff Bezos, Chinatown, Breed, San Francisco Bay Area, South Beach, Outer Sunset, Oracle Park, COVID, Grant Colfax, Department of Public Health Laboratory


The Development Of Blockchain: Creating Opportunities For Accountants

Blockchain is an accounting technology. It enables the transfer of ownership of assets and maintains an accurate ledger of financial information. So, accountants need to understand Blockchain technology and keep up-to-date with the latest innovative developments if they want to stay on top of their game and be prepared for the changes and opportunities Blockchain brings. Read on to find out more about the development of Blockchain and how it is creating opportunities for accountants. The Role ...
Tags: Startups, Accounting, Blockchain, Others, Blockchain Technology, Accounting Profession, Reading Blockchain


A UBS exec lays out the benefits and pain points of all-electronic trading after coronavirus concerns cleared the floor at NYSE

Vlad Khandros, the global head of market structure and liquidity strategy at UBS, said some of the Swiss bank's clients were questioning whether exchanges' physical trading floors should reopen. The New York Stock Exchange, along with Chicago trading pits run by Cboe Markets and CME Group, temporarily closed in recent weeks as a result of the spread of the novel coronavirus.  Khandros said the US equities market has largely worked fine despite NYSE's trading-floor closure. Options trading may ...
Tags: US, Trends, Chicago, Ubs, New York Stock Exchange, Nyse, JLL, Refinitiv, Vlad Khandros, Khandros, Cboe Markets and CME Group


A group of adtech companies is working hard to defund news about the coronavirus pandemic and it could be costing major publishers millions of dollars

A spike in coronavirus-related news coverage has drawn attention to advertisers' practice of blocking their ads from appearing around news they deem negative. The practice makes it hard for news publishers to monetize that increase in readership, further straining an industry already challenged because of the coronavirus crisis. For larger news publishers, the negative financial impact of keyword blocking could be in the millions of dollars every month, fraud researcher Augustine Fou estimated...
Tags: Google, Verizon, Facebook, New York Post, Trends, Unilever, Citibank, Oracle, Publicis, Interactive Advertising Bureau, WPP, Comscore, Groupm, Interpublic, AT T, Vista Equity


Trump's plan to reopen the economy by Easter could cause more damage in the long run, according to LinkedIn's top US economist

President Trump said on Tuesday that he wanted to ease coronavirus restrictions and reopen the US economy by Easter. That timeline goes against the advice of top public health experts, like Dr. Anthony Fauci, who are concerned that easing social distancing too soon could exacerbate the pandemic. Trump's plan could also be self-defeating by harming the economy even more in the long run, according to Linkedin's top US economist, Guy Berger. "There's no economy without people, so getting them hea...
Tags: US, America, Trends, Linkedin, Cnn, Donald Trump, Anthony Fauci, Berger, Trump, Fauci, Guy Berger, LinkedIn Economist


Houseparty who? Google Duo now supports 12 people on a video call

As video calling services are growing more popular during the coronavirus crisis, Google is expanding the number of people you can chat within a group call on its Duo app from eight to 12. The company’s senior director of product & design, Sanaz Ahari, made the announcement on Twitter just a few hours ago. Thankfully, this is a server-side rollout, so you don’t need to manually update the app on your phone to enable this new functionality.  We are grateful that Duo is helping users see their lov...
Tags: Google, Startups, Apps, Working From Home, Sanaz Ahari


Amazon, Microsoft, and Palantir will help the UK health service map its coronavirus response, raising privacy worries

Amazon, Microsoft, and Palantir have signed on to help create an interactive coronavirus response dashboard for Britain's National Health Service (NHS). The dashboard will pool data from the NHS and its partners and help healthcare workers make decisions about allocating resources. The deal throws up privacy concerns, as the NHS will be sharing sensitive health data with the companies. Visit Business Insider's homepage for more stories. The digital wing of Britain's National Health Service, N...
Tags: Google, Amazon, Elon Musk, UK, London, US, Trends, Bbc, Britain, NHS, Who, Pentagon, Privacy International, Jeff Bezos, Palantir, Open Rights Group


General Motors and Ventec are gearing up to make critically needed ventilators in Indiana to fight the coronavirus pandemic (GM)

On Friday, President Donald Trump used the Defense Production Act to direct General Motors to "prioritize federal contracts" for ventilators. GM confirmed that it's retooling a plant in Indiana to manufacture ventilators with Ventec Life Systems. The partnership could increase capacity to more than 10,000 ventilators per month; hospitals confront a critical shortage of ventilators as the COVID-19 coronavirus spreads across the US. GM also said that it would produce surgical masks at a plant in...
Tags: Facebook, White House, US, Trends, General Motors, Indiana, Fema, Italy, Mary Barra, Healthcare, Gm, Michigan, Fda, Donald Trump, Trump, Health And Human Services


LA stands up 8 emergency homeless shelters against coronavirus pandemic, with more on the way

Rich Graig stands by to check in homeless at the Granada Hills Recreation Center Wednesday, March 25, 2020. The center has been converted in an emergency homeless shelter with medical personnel during the day, police presence, temperature checks and other features amid the coronavirus pandemic. (Photo by David Crane, Los Angeles Daily News/SCNG) Antony Croo at the Granada Hills Recreation Center Wednesday, March 25, 2020. Croo has been staying at the center since last Thursday after it was...
Tags: Business, News, Obama, La, Los Angeles, Sport, Soccer, Gigi, Dominos, Craft, Lausd, Orange County, Eric Garcetti, Salvation Army, Kentucky Derby, Southern California


Leaked emails show Amazon is moving full steam ahead with this year's Prime Day shopping extravaganza, even as it grapples with the coronavirus pandemic (AMZN)

Amazon is inviting sellers and vendors to submit deals for this year's Prime Day, its annual mega shopping event, despite the supply chain issues it's facing amid the coronavirus outbreak. One email said vendors should be ready to ship their Prime Day inventory to Amazon warehouses by May, as purchase orders will be placed from as early as March 31. For special Lightning Deals, limited-time offers that get featured on Amazon's deals page, the deadline to submit is May 8 and an extra $500 per d...
Tags: Amazon, US, Trends, Beverly Hills, Jeff Bezos, Business Insider, Adams, Bucci, Bezos, AMZN, Alan Adams, Gabe Ray, Jared Bucci, Navazon, Ray Sellers


Satoshi Nakaboto: ‘Bitcoin price stabilizes around $6,700’

Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours. As Hannah Arendt used to say: Prepare to open the imaginary money chest… Bitcoin price We closed the day, March 26 2020, at a price of $6,716. That’s a minor 0.61 percent increase in 24 hours, or $41. It was the highest closing price in one day. We’re still 66 percent below Bitcoin‘s a...
Tags: Startups, Bitcoin, Hannah Arendt, Hard Fork, Satoshi Nakaboto


US Navy hospital ship arrives in Los Angeles to help with 'hotbed' surge of coronavirus cases

President Donald Trump approved the US military's deployment of a Navy hospital ship to Los Angeles to bolster coronavirus response efforts. Trump confirmed that the USNS Mercy, an "incredible" hospital ship that was docked in San Diego, will be "immediately" deploying to the port of Los Angeles. The Mercy arrived to Los Angeles on Friday morning. "The projected needs for beds in California is five times more than of Washington," FEMA administrator Peter Gaynor said. "The Mercy will be used to...
Tags: New York, Indonesia, Navy, California, Washington, Defense, US, Los Angeles, Trends, Cnn, Fema, San Diego, Donald Trump, US Navy, Gavin Newsom, Puerto Rico