The Middle East has long been thought of as an oil region, but the United Arab Emirates aims to change this with an intense focus on growing the country’s technology and startup scene. For the first half of 2022, the Middle East region brought in $1.73 billion in investments across 354 deals, up from more…
Monthly Archives: August 2022
Before he was the founder and CEO of Patreon, Jack Conte was a musician, mostly posting videos of his songs on YouTube (which he still does). Now, running a company that helps creators earn predictable monthly income from fan memberships, Conte is pissed off at Meta. As both Facebook and Instagram make changes to emphasize…
Clubhouse, the social audio app that rose in popularity amid the pandemic, is looking to shake up its platform with the launch of private communities called “Houses.” The company’s new offering allows any person or group to create their own curated “House” within Clubhouse. Users can sign up to create Houses starting today, but Clubhouse says…
If your Google Chrome build has yet to update automatically, now would be a good time to initiate manual update, the company has said. Google has released Chrome 104, the next version of its popular browser containing fixes to a couple of high-severity flaws. Chrome 104 has just been released for Windows, Mac, and Linux,…
Republican Rep. Peter Meijer of Michigan outside the Capitol on November 4, 2021. Bill Clark/CQ-Roll Call via Getty Images Rep. Peter Meijer was defeated by primary challenger John Gibbs after voting to impeach Trump after Jan 6. Despite chiding Democrats for aiding his “extreme” opponent, Meijer introduced him at an event on Wednesday. He told…
Investments may be taxed at different rates, depending on the type of investment you have. PeopleImages/Getty Images Investment income can be taxed as ordinary income or at special rates. Capital gains and some dividends receive preferential tax rates. All investments earn income tax-free while they remain in tax-advantaged accounts. You probably know that you have…
Economies can climb back out of recessions in a variety of ways. Economists name these recoveries as different letter shapes. Xinhua/Wang Ying/Getty Images Recovery shapes are used by economists to characterize different types of recessions and their ensuing recovery. The shapes are described as a letters like V, U, W, L and K, named after how…
Most investors can reap the benefits of diversification from owning 20 to 30 stocks. Bloom Productions/Getty Images The number of stocks you should own depends on factors like time horizon and risk appetite. While there is no “perfect” portfolio size, the generally agreed upon number is 20 to 30 stocks. A diversification strategy ensures that…
Kacper Pempel/Reuters Twitter reportedly paid $25,000 to the Republican Attorneys General Association. The group is raising funds to combat “Democrats’ pro-abortion agenda.” A Twitter spokesperson said the funds were paid membership dues and the money won’t go to any political candidates. Twitter paid to join an organization that was requesting funds for an anti-abortion campaign,…
Content moderators hired to review videos for TikTok said they were shown sexually explicit material of children. Rafael Henrique/SOPA Images/LightRocket via Getty Images Content moderators hired to review videos for TikTok said they were shown sexually explicit material of children, they told Forbes. The report cited moderators who worked for Teleperformance, a third-party company. TikTok’s…