News

  • TikTok and Twitter are starting to talk about a possible combination, WSJ reports

    REUTERS/Florence Lo Amid President Donald Trump’s threats to ban TikTok, or force it to sell its US operations, Twitter was reported to be in talks with the video-sharing app Saturday night. The Wall Street Journal reported that a potential deal, if it materializes, could involve TikTok’s US operations. Both Twitter and TikTok declined to comment on the report to Business Insider. Visit Business Insider’s homepage for more stories. Another tech giant was reported to be on TikTok’s dance card Saturday night — Twitter. The Wall Street Journal’s Georgia Wells and Cara Lombardo reported the two popular apps are in “preliminary” talks for a possible combination. “People familiar with the matter” told the paper that a deal, which it said Twitter may not end up pursuing, would involve TikTok’s US operations. Both Twitter and TikTok declined to comment on the report to Business Insider. President Donald Trump has been harping on the popular video-sharing app to ditch its Chinese parent company, ByteDance, citing security concerns. Last week, Trump said he would “ban” the app, which he can’t exactly do, if ByteDance doesn’t sell. Microsoft was seen as the frontrunner for a deal last week, with estimates for a potential deal for TikTok’s

    August 9, 2020
  • Shopify's CEO says Amazon isn't a competitor, but Amazon's CEO says it is. Here's what experts say the real relationship is. (AMZN, SHOP)

    AP Amazon CEO Jeff Bezos wrote in his statement to the antitrust House committee last week that Shopify is a new competitor. Shopify CEO Tobi Lutke, however, said Amazon is not a “direct competitor” during the company’s earnings call last week. E-commerce experts say they’re “indirect” competitors that effectively play in the same field. Visit Business Insider’s homepage for more stories. Last week, the CEOs of Amazon and Shopify gave contrasting views about each other.  In his statement to the antitrust House committee, Amazon’s CEO Jeff Bezos singled out Shopify as a new competitor that’s helping traditional brick-and-mortar stores launch their own online businesses. But Shopify’s CEO Tobi Lutke seemed to disagree when he was asked during the company’s earnings call about Amazon as a competitive threat. He said Shopify “doesn’t directly compete” with Amazon, instead highlighting its partnership with the online retailer. “I don’t think we have any particular insights beyond just fellow travelers in a world of technology,” Lutke said. The strikingly different perspectives of the two CEOs begs a question about the true nature of  their relationship with each other: Are they competitors? “I think [Lutke] was being diplomatic,” said Tom Forte, an analyst at D.A. Davidson,

    August 9, 2020
  • Checkers & Rally's Expands Education Benefits; Offers Employees the Opportunity to Earn an Accredited High School Diploma and General English Program

    TAMPA, Fla., Aug. 8, 2020 /PRNewswire-PRWeb/ — Checkers & Rally’s Restaurants, an iconic and innovative drive-thru restaurant chain known for its exceptional value, people-first attitude and “Crazy Good Food,” has announced an expansion of the ed2go Career Online High School (COHS) program and myTimeENGLISH (MTE) online ESL program to employees nationwide. The Career Online High School (COHS) program launched in a pilot in February 2018 in select Ohio and Michigan stores. Due to the pilot’s success, eligible employees at all corporate-owned U.S. locations can now earn an accredited high school diploma, along with a workforce training certificate in fields such as food services, customer service, hospitality and general career preparation. “For more than 30 years, the key to the success of our business is our people and we have always focused on moving our people forward,” said Marna Killian, Checkers & Rally’s SVP People. “We already invest heavily in programs that reward and retain employees, and in our Learning Management System to train our team members on restaurant operations. Now, with ed2go, we can further our educational benefits for employees in this program, giving them the opportunity to earn their high school diplomas and advance their careers.” “As technology changes

    August 9, 2020
  • Webcast Date for Second Quarter 2020 Results Announced by Reading International

    <style type=”text/css”> <!– .bwalignc { text-align: center; list-style-position:inside; } –> </style> <!– sh_cad_1 –> Reading International, Inc. (NASDAQ: RDI) (“Reading”) announced today that it expects to release its financial results for its second quarter ended June 30, 2020 on Monday, August 10, 2020 before the opening of the U.S.This post was originally published on this

    August 9, 2020