ReportWire

Tag: Software

  • How to enjoy retirement without busting your budget

    How to enjoy retirement without busting your budget

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    The goal of many (or most) savers and long-term investors is to achieve financial independence. The combination of building up a nest egg, paying down debt and eventually receiving Social Security payments or another source of retirement income might put you in a comfortable position, but even people who have worked together to achieve financial independence may disagree on what to do after their careers end.

    Quentin Fottrell — the Moneyist — heard from one couple who are facing a quandary. They have been financially responsible, but as they near retirement, the wife wishes to be very careful with their combined investment portfolio, while the husband wants to begin spending a significant portion of it. They both make reasonable arguments. Here’s what they should do.

    From the Help Me Retire column: My 57-year-old husband works three shifts and is burned out. Can he retire?

    You have to get there first

    A behavioral study finds a correlation between having one specific type of conversation and taking action to build wealth.


    Getty Images

    Doing this even once might help encourage you or someone you know to begin saving and investing for the long term.

    The ‘Magnificent Seven’ stocks may not remain at the top

    Salesforce is among the companies passing a Goldman Sachs screen for growth of sales and earnings.


    Getty Images

    Even an index that includes hundreds of stocks can be heavily concentrated. Large technology-oriented companies have led this year’s 16% rebound for the S&P 500
    SPX,
    -0.29%
    ,
    following last year’s 18% decline (both with dividends reinvested). But the index is weighted by market capitalization, which means the “Magnificent Seven” — Apple Inc.
    AAPL,
    -0.59%
    ,
    Microsoft Corp.
    MSFT,
    -1.19%
    ,
    two common share classes of Alphabet Inc.
    GOOGL,
    -0.52%

    GOOG,
    -0.65%
    ,
    Amazon.com Inc.
    AMZN,
    +1.11%
    ,
    Nvidia Corp.
    NVDA,
    +0.95%
    ,
    Tesla Inc.
    TSLA,
    -0.76%

    and Meta Platforms Inc.
    META,
    -0.50%

    — make up 27.9% of the SPDR S&P 500 ETF Trust
    SPY,
    -0.25%
    .

    In the Need to Know column, Barbara Kollmeyer lists companies that might turn out to be among the next Magnificent Seven, based on a Goldman Sachs screen.

    Getting back to the current Magnificent Seven, you may be surprised to see which of the stocks is cheapest — by far — per one commonly used valuation metric.

    Related: Top investment newsletters aren’t bullish on tech, Tesla or Meta Platforms. Here’s what they do like.

    A thrill ride for EV makers

    An electric Rivian R1S.


    Rivian

    There has been a lot of news in the electric-vehicle space this week. Here are lists of coverage organized by topic.

    Rising unit sales among EV makers:

    Legacy automakers report sales increases, including a tremendous increase in EV unit sales for Ford
    F,

    :

    Reaction from analysts and investors:

    In other news, Mullen Automotive Inc.
    MULN,
    -12.97%

    has started to deliver electric vehicles. Further developments for the company this week included the announcement of a stock-buyback plan and possible action against naked short sellers.

    A changing job market

    The employment numbers for June from the U.S. Bureau of Labor Statistics showed the lowest level of job creation since late 2020. Then again, the demand for labor in the U.S. remains high, despite the Federal Reserve’s efforts to slow economic growth.

    If you are looking to make a career change, what does all this mean to you? Andrew Keshner points to a development in the employment market that may have you thinking twice about jumping ship.

    Threads and Twitter

    Meta’s Threads app has signed up as many as 50 million users in its first two days of operation, some reports say.


    AFP via Getty Images

    Meta rolled out its new Threads service on Wednesday to compete directly with Twitter and has already signed up 50 million users, according to some reports.

    Twitter CEO Linda Yaccarino was quick to respond.

    More reaction:

    Consumer spending may spike

    U.S. shoppers have been taking it slow during a period of high inflation, but the overall economy has been stronger than expected even as the Federal Reserve continues tightening its monetary policy.

    The coming flurry of July sales events at Amazon, Walmart Inc.
    WMT,
    -2.30%

    and Target Corp.
    TGT,
    -0.60%

    could signal a turnaround for consumers, as James Rogers reports.

    Financial crime

    Lukas I. Alpert writes the Financial Crime column. Have you ever wondered how you might steal a lot of cash from a company that is likely to have rather tight accounting controls in place? This week Alpert explains how the manager of an Amazon warehouse managed to scale the heights of criminal achievement to collect $10 million — and a 16-year jail sentence.

    Also read: Silver dealer ordered to pay $146 million in case of 500,000 missing coins

    Want more from MarketWatch? Sign up for this and other newsletters to get the latest news and advice on personal finance and investing.

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  • Apple App Store – Top Apps

    Apple App Store – Top Apps

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    Top Free iPhone Apps (US):

    1. Temu: Shop Like a Billionaire, Temu

    2. Max: Stream HBO, TV, & Movies,WarnerMedia Global Digital Services, LLC

    3. MONOPOLY GO!, Scopely, Inc.

    4. CapCut – Video Editor, Bytedance Pte. Ltd

    5. TikTok, TikTok Ltd.

    6. Google, Google LLC

    7. WhatsApp Messenger, WhatsApp Inc.

    8. Instagram, Instagram, Inc.

    9. Google Maps, Google LLC

    10. ChatGPT, OpenAI

    Top Paid iPhone Apps (US):

    1. Minecraft, Mojang

    2. Heads Up!, Warner Bros.

    3. Goblin Tools, Bram De Buyser

    4. Geometry Dash, RobTop Games AB

    5. Shadowrocket, Shadow Launch Technology Limited

    6. HotSchedules, HotSchedules

    7. Monopoly – Classic Board Game, Marmalade Game Studio

    8. Bloons TD 6, Ninja Kiwi

    9. Five Nights at Freddy’s, Clickteam, LLC

    10. Papa’s Freezeria To Go!, Flipline Studios

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  • Meta’s new Twitter rival app Threads gets tens of millions of sign-ups in its first day

    Meta’s new Twitter rival app Threads gets tens of millions of sign-ups in its first day

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    Tens of millions of people have quickly signed up to Meta’s new app, Threads, as it aims to compete with Twitter — a sign that users are looking for an alternative to the social media platform that has undergone a series of unpopular changes since Elon Musk bought it.

    Meta Platforms’ CEO Mark Zuckerberg said Thursday that 30 million people had registered for the app, including 10 million in the first seven hours of its launch Wednesday in the U.S. and over 100 other countries, including Britain, Australia, Canada and Japan.

    Threads is billed as a text-based version of Meta’s photo-sharing app Instagram that the company says provides “a new, separate space for real-time updates and public conversations.”

    Instagram users can log in with their existing usernames and follow the same accounts on the new app, giving Threads users a ready-made audience and an edge over other Twitter challengers like Bluesky and Mastodon.

    “I think I’ll just see — I’ll keep Twitter for a while and then if everyone moves over there (to Threads), then I’ll probably move,” said Javi de Andreas, a 24-year-old researcher in London.

    He added that Instagram “feels like a bit more reliable just in terms of nothing really changes.”

    There was plenty of excitement among Threads users about the opportunity to make a fresh start on a new social media app, giving Threads a “first day of school” vibe.

    Early adopters included celebrities like chef Gordon Ramsay, pop star Shakira and actor Jack Black as well as Airbnb, Guinness World Records, Netflix, Vogue magazine and other media outlets.

    There were also glitches, annoyance about the lack of a chronological feed and gripes about missing features — raising the question of whether the initial burst of interest would lead to sustained growth that could pose a meaningful challenge to Twitter.

    “The euphoria around a new service and this initial explosion will probably settle down,” said Paolo Pescatore, a technology analyst at PP Foresight. “But it is apparent that this alternative is here to stay and will prove to be a worthy rival given all of Twitter’s woes.”

    Teething problems for Threads include Zuckerberg’s posts — or Threads as they’re dubbed — not loading in several countries. But his replies to other users did appear.

    Instagram CEO Adam Mosseri acknowledged the early issues.

    “The real test is not if we can build up a lot of hype, but if you all find enough value in the app to keep using it ove time,” Mosseri posted in a thread.

    “And there are tons of basics that are missing: search, hashtags, a following feed” and direct messaging, he said. “We’re on it,” but ”it’ll take time.”

    Threads does have buttons to like, repost, reply to or quote a thread, and users see the number of likes and replies a post has received. Posts are limited to 500 characters, which is more than Twitter’s 280-character threshold for most users, and can include links, photos and videos up to five minutes long.

    Some questioned whether it made sense to seek to combine Twitter and Instagram users, which are two distinct online groups. Twitter is tailored for quick and short updates, while Instagram is best for visually creative posts.

    An Argentine archbishop chosen by Pope Francis to head the Vatican office that ensures doctrinal orthodoxy concedes he made mistakes in handling a 2019 case of a priest accused of sexual abuse of minors.

    Allisen Corpuz picked the right time and the right place for her first big win. She won the first U.S.

    The Washington Post is reporting former AT&T Chairman Randall Stephenson has resigned from the PGA Tour policy board.

    Roy Herron, a longtime Tennessee state lawmaker and former chairperson of the state Democratic Party, has died from injuries sustained in a jet ski accident.

    “Some people will want to keep it separate from Instagram for numerous and very good reasons,” Pescatore said. “This is something that Meta might have to address, which could halt its progress.”

    Meta’s new offering also has raised data privacy concerns. The company has held off on rolling it out in the European Union, citing regulatory uncertainty.

    The 27-nation EU has strict data privacy rules and is set to start enforcing a new set of digital rules aimed at clamping down on Big Tech companies and limiting what they can do with users’ personal information.

    Threads could collect a wide range of personal information, including health, financial, contacts, browsing and search history, location data, purchases and “sensitive info,” according to its data privacy disclosure on the App Store.

    Threads poses a fresh headache for Musk, who acquired Twitter last year for $44 billion. Analysts said combining Twitter-style features with Instagram’s look and feel would drive user engagement.

    Musk has made a series of changes that have triggered backlash, the latest being daily limits on the number of tweets people can view to try to stop unauthorized scraping of potentially valuable data.

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  • What is Threads? All your questions about Meta’s new Twitter rival, answered

    What is Threads? All your questions about Meta’s new Twitter rival, answered

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    NEW YORK — Threads, a text-based app built by Meta to rival Twitter, is live.

    The app, billed as the text version of Meta’s photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the U.S., Britain, Australia, Canada and Japan. Despite some early glitches, 30 million people had signed up before noon on Thursday, Meta CEO Mark Zuckerberg said on Threads.

    New arrivals to the platform include celebrities like Oprah, pop star Shakira and chef Gordon Ramsay — as well as corporate accounts from Taco Bell, Netflix, Spotify, the Washington Post and other media outlets.

    Threads, which Meta says provides “a new, separate space for real-time updates and public conversations,” arrives at a time when many are looking for Twitter alternatives to escape Elon Musk’s raucous oversight of the platform since acquiring it last year for $44 billion. But Meta’s new app has also raised data privacy concerns, and is notably unavailable in the European Union.

    Here’s what you need to know about Threads.

    HOW CAN I USE THREADS?

    Threads is now available for download in Apple and Google Android app stores for people in more than 100 countries.

    Threads was built by the Instagram team, so Instagram users can log into Threads through their Instagram account. Your username and verification status will carry over, according to the platform, but you will also have options to customize other areas of your profile — including whether or not you want to follow the same people that you do on Instagram.

    Because Threads and Instagram are so closely linked, it’s also important to be cautious of account deletion. According to Threads’ supplemental privacy policy, you can deactivate your profile at any time, “but your Threads profile can only be deleted by deleting your Instagram account.”

    CAN I USE THREADS IF I DON’T HAVE AN INSTAGRAM ACCOUNT?

    For now, only Instagram users can create Threads accounts. If you want to access Threads, you will have to sign up for Instagram first.

    While this may receive some pushback, VP and research director at Forrester Mike Proulx said making Threads an extension of Instagram was a smart move on Meta’s part.

    “It’s piquing (user) curiosity,” Proulx said, noting that Instagram users are getting alerts about their followers joining Threads — causing more and more people to sign up. “That’s one of the reasons why Threads got over 10 million people to sign up in just a seven hour period” after launching.

    Still, Proulx added, maintaining momentum and continuing to capture user attention past the initial curiosity bump will be crucial down the line — noting “the long term nature of threads is what’s going to ultimately predict its success or failure.”

    HOW IS THREADS SIMILAR TO TWITTER?

    Threads’ microblogging experience is very similar to Twitter. Users can repost, reply to or quote a thread, for example, and can see the number of likes and replies that a post has received. “Threads” can run up to 500 characters — compared with Twitter’s 280-character threshold — and can include links, photos and videos up to five minutes long.

    In early replies on Threads, Zuckerberg said making the app “a friendly place” will be a key to success — adding that that was “one reason why Twitter never succeeded as much as I think it should have, and we want to do it differently.”

    IS TWITTER SEEKING LEGAL ACTION AGAINST META?

    According to a letter obtained by Semafor on Thursday, Twitter has threatened legal action against Meta over Threads. In the letter, which was addressed to Meta CEO Mark Zuckerberg and dated Wednesday, Alex Spiro, an attorney representing Twitter, accused Meta of unlawfully using Twitter’s trade secrets and other intellectual property by hiring former Twitter employees to create a “copycat” app.

    Meta spokesperson Andy Stone responded to the report of Spiro’s letter on Threads Thursday afternoon, writing, “no one on the Threads engineering team is a former Twitter employee.”

    Musk hasn’t directly tweeted about the possibility of legal action, but he has replied to several snarky takes on the Threads launch. The Twitter owner responded to one tweet suggesting that Meta’s app was built largely through the use of the copy and paste function, with a laughing emoji.

    Twitter CEO Linda Yaccarino has also not publicly commented on Wednesday’s letter, but seemingly appeared to address Threads’ launch in a Thursday tweet — writing that “the Twitter community can never be duplicated.”

    HASN’T THIS BEEN DONE BEFORE?

    The similarities of Meta’s new text-based app suggests that the company is working to directly challenge Twitter. The tumultuous ownership has resulted in a series of unpopular changes that have turned off users and advertisers, some of whom are searching for Twitter alternatives.

    Threads is the latest Twitter rival to emerge in this landscape following Bluesky, Mastodon and Spill.

    HOW DOES THREADS MODERATE CONTENT?

    According to Meta, Threads will use the same safety measures deployed on Instagram — which includes enforcing Instagram’s community guidelines and providing tools to control who can mention or reply to users.

    Content warnings — on search queries ranging from conspiracy theory groups to misinformation about COVID-19 vaccinations — also appear to be similar to Instagram.

    WHAT ARE THE PRIVACY CONCERNS?

    Threads could collect a wide range of personal information — including health, financial, contacts, browsing and search history, location data, purchases and “sensitive info,” according to its data privacy disclosure on the App Store.

    Threads also isn’t available in the European Union right now, which has strict data privacy rules.

    Meta informed Ireland’s Data Privacy Commission, Meta’s main privacy regulator for the EU, that it has no plans yet to launch Threads in the 27-nation bloc, commission spokesman Graham Doyle said. The company said it is working on rolling the app out to more countries — but pointed to regulatory uncertainty for its decision to hold off on a European launch.

    WHATS THE FUTURE FOR THREADS?

    Success for Threads is far from guaranteed. Industry watchers point to Meta’s track record of starting standalone apps that were later shut down — including an Instagram messaging app also called “Threads” that shut down less than two years after its 2019 launch, Proulx notes.

    Still, Proulx and others say the new app could be a significant headache for Musk and Twitter.

    “The euphoria around a new service and this initial explosion will probably settle down. But it is apparent that this alternative is here to stay and will prove to be a worthy rival given all of Twitter’s woes,” technology analyst Paolo Pescatore of PP Foresight said, noting that combining Twitter-style features with Instagram’s look and feel could drive user engagement.

    Threads is in its early days, however, and much depends on user feedback. Pescatore believes the close tie between Instagram and Threads might not resonate with everyone. The rollout of new features will also be key.

    “The real test is not if we can build up a lot of hype, but if you all find enough value in the app to keep using it over time,” Instagram head Adam Mosseri wrote Thursday in a Threads post. He also acknowledged, as many users have already done, that there are “tons of basics” missing, including hashtags and direct messaging between users. “Full disclosure, it’ll take time.”

    IS AP ON THREADS?

    You can find AP News on Threads here.

    _______

    AP Technology Writer Kelvin Chan contributed to this report from London.

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  • What is Threads? All your questions about Meta’s new Twitter rival, answered

    What is Threads? All your questions about Meta’s new Twitter rival, answered

    [ad_1]

    NEW YORK — Threads, a text-based app built by Meta to rival Twitter, is live.

    The app, billed as the text version of Meta’s photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the U.S., Britain, Australia, Canada and Japan. Despite some early glitches, 30 million people had signed up before noon on Thursday, Meta CEO Mark Zuckerberg said on Threads.

    New arrivals to the platform include celebrities like Oprah, pop star Shakira and chef Gordon Ramsay — as well as corporate accounts from Taco Bell, Netflix, Spotify, the Washington Post and other media outlets.

    Threads, which Meta says provides “a new, separate space for real-time updates and public conversations,” arrives at a time when many are looking for Twitter alternatives to escape Elon Musk’s raucous oversight of the platform since acquiring it last year for $44 billion. But Meta’s new app has also raised data privacy concerns, and is notably unavailable in the European Union.

    Here’s what you need to know about Threads.

    HOW CAN I USE THREADS?

    Threads is now available for download in Apple and Google Android app stores for people in more than 100 countries.

    Threads was built by the Instagram team, so Instagram users can log into Threads through their Instagram account. Your username and verification status will carry over, according to the platform, but you will also have options to customize other areas of your profile — including whether or not you want to follow the same people that you do on Instagram.

    Because Threads and Instagram are so closely linked, it’s also important to be cautious of account deletion. According to Threads’ supplemental privacy policy, you can deactivate your profile at any time, “but your Threads profile can only be deleted by deleting your Instagram account.”

    CAN I USE THREADS IF I DON’T HAVE AN INSTAGRAM ACCOUNT?

    For now, only Instagram users can create Threads accounts. If you want to access Threads, you will have to sign up for Instagram first.

    While this may receive some pushback, VP and research director at Forrester Mike Proulx said making Threads an extension of Instagram was a smart move on Meta’s part.

    “It’s piquing (user) curiosity,” Proulx said, noting that Instagram users are getting alerts about their followers joining Threads — causing more and more people to sign up. “That’s one of the reasons why Threads got over 10 million people to sign up in just a seven hour period” after launching.

    Still, Proulx added, maintaining momentum and continuing to capture user attention past the initial curiosity bump will be crucial down the line — noting “the long term nature of threads is what’s going to ultimately predict its success or failure.”

    HOW IS THREADS SIMILAR TO TWITTER?

    Threads’ microblogging experience is very similar to Twitter. Users can repost, reply to or quote a thread, for example, and can see the number of likes and replies that a post has received. “Threads” can run up to 500 characters — compared with Twitter’s 280-character threshold — and can include links, photos and videos up to five minutes long.

    In early replies on Threads, Zuckerberg said making the app “a friendly place” will be a key to success — adding that that was “one reason why Twitter never succeeded as much as I think it should have, and we want to do it differently.”

    IS TWITTER SEEKING LEGAL ACTION AGAINST META?

    According to a letter obtained by Semafor on Thursday, Twitter has threatened legal action against Meta over Threads. In the letter, which was addressed to Meta CEO Mark Zuckerberg and dated Wednesday, Alex Spiro, an attorney representing Twitter, accused Meta of unlawfully using Twitter’s trade secrets and other intellectual property by hiring former Twitter employees to create a “copycat” app.

    Meta spokesperson Andy Stone responded to the report of Spiro’s letter on Threads Thursday afternoon, writing, “no one on the Threads engineering team is a former Twitter employee.”

    Musk hasn’t directly tweeted about the possibility of legal action, but he has replied to several snarky takes on the Threads launch. The Twitter owner responded to one tweet suggesting that Meta’s app was built largely through the use of the copy and paste function, with a laughing emoji.

    Twitter CEO Linda Yaccarino has also not publicly commented on Wednesday’s letter, but seemingly appeared to address Threads’ launch in a Thursday tweet — writing that “the Twitter community can never be duplicated.”

    HASN’T THIS BEEN DONE BEFORE?

    The similarities of Meta’s new text-based app suggests that the company is working to directly challenge Twitter. The tumultuous ownership has resulted in a series of unpopular changes that have turned off users and advertisers, some of whom are searching for Twitter alternatives.

    Threads is the latest Twitter rival to emerge in this landscape following Bluesky, Mastodon and Spill.

    HOW DOES THREADS MODERATE CONTENT?

    According to Meta, Threads will use the same safety measures deployed on Instagram — which includes enforcing Instagram’s community guidelines and providing tools to control who can mention or reply to users.

    Content warnings — on search queries ranging from conspiracy theory groups to misinformation about COVID-19 vaccinations — also appear to be similar to Instagram.

    WHAT ARE THE PRIVACY CONCERNS?

    Threads could collect a wide range of personal information — including health, financial, contacts, browsing and search history, location data, purchases and “sensitive info,” according to its data privacy disclosure on the App Store.

    Threads also isn’t available in the European Union right now, which has strict data privacy rules.

    Meta informed Ireland’s Data Privacy Commission, Meta’s main privacy regulator for the EU, that it has no plans yet to launch Threads in the 27-nation bloc, commission spokesman Graham Doyle said. The company said it is working on rolling the app out to more countries — but pointed to regulatory uncertainty for its decision to hold off on a European launch.

    WHATS THE FUTURE FOR THREADS?

    Success for Threads is far from guaranteed. Industry watchers point to Meta’s track record of starting standalone apps that were later shut down — including an Instagram messaging app also called “Threads” that shut down less than two years after its 2019 launch, Proulx notes.

    Still, Proulx and others say the new app could be a significant headache for Musk and Twitter.

    “The euphoria around a new service and this initial explosion will probably settle down. But it is apparent that this alternative is here to stay and will prove to be a worthy rival given all of Twitter’s woes,” technology analyst Paolo Pescatore of PP Foresight said, noting that combining Twitter-style features with Instagram’s look and feel could drive user engagement.

    Threads is in its early days, however, and much depends on user feedback. Pescatore believes the close tie between Instagram and Threads might not resonate with everyone. The rollout of new features will also be key.

    “The real test is not if we can build up a lot of hype, but if you all find enough value in the app to keep using it over time,” Instagram head Adam Mosseri wrote Thursday in a Threads post. He also acknowledged, as many users have already done, that there are “tons of basics” missing, including hashtags and direct messaging between users. “Full disclosure, it’ll take time.”

    IS AP ON THREADS?

    You can find AP News on Threads here.

    _______

    AP Technology Writer Kelvin Chan contributed to this report from London.

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  • Meta takes aim at Twitter with the launch of rival app Threads

    Meta takes aim at Twitter with the launch of rival app Threads

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    Meta unveiled an app to rival Twitter on Wednesday, appearing to target users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.

    Called Threads, the new offering is billed as a text-based version of Meta’s photo-sharing app Instagram that the company says provides “a new, separate space for real-time updates and public conversations.”

    The app went live just after midnight Wednesday in the U.K. in Apple and Google Android app stores in more than 100 countries including the U.S., Britain, Australia, Canada and Japan. Early celebrity users include chef Gordon Ramsay, the pop star Shakira and Mark Hoyle, better known as the YouTuber LadBaby.

    Users get a Twitter-like microblogging experience, according to screenshots provided to media, suggesting that Meta Platforms has been gearing up to directly challenge the platform after Musk’s tumultuous ownership has resulted in a series of unpopular changes that have turned off users and advertisers.

    There are buttons to like, repost, reply to or quote a “thread,” and counters showing the number of likes and replies that a post has received.

    “Our vision is that Threads will be a new app more focused on text and dialogue, modeled after what Instagram has done for photo and video,” the company said.

    Posts are limited to 500 characters, which is more than Twitter’s 280-character threshold, and can include links, photos and videos up to five minutes long.

    Instagram users will be able to log in with their existing usernames and follow the same accounts on the new app. New users will have to set up an Instagram account.

    Meta emphasized measures to keep users safe, including enforcing Instagram’s community guidelines and providing tools to control who can mention or reply to users.

    Meta’s new offering, however, has raised data privacy concerns.

    Threads could collect a wide range of personal information, including health, financial, contacts, browsing and search history, location data, purchases and “sensitive info,” according to its data privacy disclosure on the App Store.

    Twitter co-founder Jack Dorsey pointed it out in a snarky tweet saying, “All your Threads are belong to us” that included a screenshot of the disclosure. Musk replied “yeah.”

    One place Threads won’t be rolled out is in the European Union, which has strict data privacy rules.

    Meta has informed Ireland’s Data Privacy Commission that it has no plans yet to launch Threads in the 27-nation bloc, commission spokesman Graham Doyle said. The Irish watchdog is Meta’s main privacy regulator for the EU because the company’s regional headquarters is based in Dublin.

    While Meta had teased Threads with a listing on Apple’s U.K. App Store earlier this week, it could not be found in the French, German or Dutch versions. The company is working on rolling the app out to more countries but cites regulatory uncertainty for its decision to hold off on a European launch.

    Analysts said its success is far from guaranteed, citing Meta’s track record of starting standalone apps that were later shut down.

    Also in question is whether it’s the right move for Meta, which has announced tens of thousands of layoffs over the past year amid a tech industry slowdown.

    CEO Mark Zuckerberg also has been focusing on the metaverse, investing tens of billions of dollars in the virtual reality concept.

    Meta risks “spreading itself too thin,” said Mike Proulx, a research director at Forrester, a global market research company. “Meta is banking on a moment in time amidst peak Twitter frustration. However, this window of opportunity is already flooded with Twitter alternatives including Bluesky, Mastodon, Spill, Post.News and Hive, which are all competing for Twitter’s market share.”

    Even so, Threads could be a fresh headache for Musk, who acquired Twitter last year for $44 billion.

    He’s made a series of changes that have triggered backlash, the latest being daily limits on the number of tweets people can view to try to stop unauthorized scraping of potentially valuable data. He also is now requiring paid verification for users to access the online dashboard TweetDeck.

    Musk’s rivalry with Zuckerberg could end up spilling over into real life. In an online exchange the two tech billionaires seemingly agreed to a cage match face-off, though it’s unclear if they will actually make it to the ring.

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  • Big Tech Is Running Out of Steam. These 3 AI Stocks Merit a Look.

    Big Tech Is Running Out of Steam. These 3 AI Stocks Merit a Look.

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    Technology stocks reigned supreme in the first half of the year, far outperforming the wider market. But sustaining that rally will be tough, and investors need to look now for tech stocks that are ready to benefit from the growth of artificial intelligence. 

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  • Meta takes aim at Twitter with the launch of rival app Threads

    Meta takes aim at Twitter with the launch of rival app Threads

    [ad_1]

    Meta unveiled an app to rival Twitter on Wednesday, appearing to target users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.

    Called Threads, the new offering is billed as a text-based version of Meta’s photo-sharing app Instagram that the company says provides “a new, separate space for real-time updates and public conversations.”

    The app went live just after midnight Wednesday in the U.K. in Apple and Google Android app stores in more than 100 countries including the U.S., Britain, Australia, Canada and Japan. Early celebrity users include chef Gordon Ramsay, the pop star Shakira and Mark Hoyle, better known as the YouTuber LadBaby.

    Users get a Twitter-like microblogging experience, according to screenshots provided to media, suggesting that Meta Platforms has been gearing up to directly challenge the platform after Musk’s tumultuous ownership has resulted in a series of unpopular changes that have turned off users and advertisers.

    There are buttons to like, repost, reply to or quote a “thread,” and counters showing the number of likes and replies that a post has received.

    “Our vision is that Threads will be a new app more focused on text and dialogue, modeled after what Instagram has done for photo and video,” the company said.

    Posts are limited to 500 characters, which is more than Twitter’s 280-character threshold, and can include links, photos and videos up to five minutes long.

    Instagram users will be able to log in with their existing usernames and follow the same accounts on the new app. New users will have to set up an Instagram account.

    Meta emphasized measures to keep users safe, including enforcing Instagram’s community guidelines and providing tools to control who can mention or reply to users.

    Meta’s new offering, however, has raised data privacy concerns.

    Threads could collect a wide range of personal information, including health, financial, contacts, browsing and search history, location data, purchases and “sensitive info,” according to its data privacy disclosure on the App Store.

    Twitter co-founder Jack Dorsey pointed it out in a snarky tweet saying, “All your Threads are belong to us” that included a screenshot of the disclosure. Musk replied “yeah.”

    One place Threads won’t be rolled out is in the European Union, which has strict data privacy rules.

    Meta has informed Ireland’s Data Privacy Commission that it has no plans yet to launch Threads in the 27-nation bloc, commission spokesman Graham Doyle said. The Irish watchdog is Meta’s main privacy regulator for the EU because the company’s regional headquarters is based in Dublin.

    While Meta had teased Threads with a listing on Apple’s U.K. App Store earlier this week, it could not be found in the French, German or Dutch versions. The company is working on rolling the app out to more countries but cites regulatory uncertainty for its decision to hold off on a European launch.

    Analysts said its success is far from guaranteed, citing Meta’s track record of starting standalone apps that were later shut down.

    Also in question is whether it’s the right move for Meta, which has announced tens of thousands of layoffs over the past year amid a tech industry slowdown.

    CEO Mark Zuckerberg also has been focusing on the metaverse, investing tens of billions of dollars in the virtual reality concept.

    Meta risks “spreading itself too thin,” said Mike Proulx, a research director at Forrester, a global market research company. “Meta is banking on a moment in time amidst peak Twitter frustration. However, this window of opportunity is already flooded with Twitter alternatives including Bluesky, Mastodon, Spill, Post.News and Hive, which are all competing for Twitter’s market share.”

    Even so, Threads could be a fresh headache for Musk, who acquired Twitter last year for $44 billion.

    He’s made a series of changes that have triggered backlash, the latest being daily limits on the number of tweets people can view to try to stop unauthorized scraping of potentially valuable data. He also is now requiring paid verification for users to access the online dashboard TweetDeck.

    Musk’s rivalry with Zuckerberg could end up spilling over into real life. In an online exchange the two tech billionaires seemingly agreed to a cage match face-off, though it’s unclear if they will actually make it to the ring.

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  • Meta launches Threads, its app to rival Twitter, a day early

    Meta launches Threads, its app to rival Twitter, a day early

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    Meta Platforms Inc. launched Threads, its rival to Twitter, a day early Wednesday.

    “Let’s do this. Welcome to Threads,” Meta Chief Executive Mark Zuckerberg posted on the new app.

    The text-based app, a spinoff of Meta’s META Instagram, had been set to launch Thursday morning, but instead went live for users in the U.S. and more than 100 other…

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  • Meta takes aim at Twitter with the launch of rival app Threads

    Meta takes aim at Twitter with the launch of rival app Threads

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    LONDON — Meta unveiled an app to rival Twitter on Thursday, appearing to target users looking for an alternative to the social media platform owned — and frequently changed — by Elon Musk.

    Called Threads, the new offering is billed as a text-based version of Meta’s photo-sharing app Instagram that the company says provides “a new, separate space for real-time updates and public conversations.”

    The app went live just after midnight Wednesday in the U.K. in Apple and Google Android app stores in more than 100 countries including the U.S., Britain, Australia, Canada and Japan.

    Users will get a Twitter-like microblogging experience, according to screenshots provided to media, suggesting that Meta Platforms has been gearing up to directly challenge the platform after Musk’s tumultuous ownership has resulted in a series of unpopular changes that have turned off users and advertisers.

    There are buttons to like, repost or quote a “thread,” and counters showing the number of likes and replies that a post has received.

    “Our vision is that Threads will be a new app more focused on text and dialogue, modeled after what Instagram has done for photo and video,” the company said.

    Posts are limited to 500 characters, which is more than Twitter’s 280-character threshold, and can include links, photos and videos up to five minutes long.

    Instagram users will be able to log in with their existing user names and follow the same accounts on the new app. New users will have to set up an Instagram account.

    Meta emphasized measures to keep users safe, including enforcing Instagram’s community guidelines and providing tools to control who can mention or reply to users.

    Meta’s new offering, however, has raised data privacy concerns.

    Threads could collect a wide range of personal information, including health, financial, contacts, browsing and search history, location data, purchases and “sensitive info,” according to its data privacy disclosure on the App Store.

    Twitter co-founder Jack Dorsey pointed it out in a snarky tweet saying, “All your Threads are belong to us” that included a screenshot of the disclosure. Musk replied “yeah.”

    One place Threads won’t be rolled out is in the European Union, which has strict data privacy rules.

    Meta has informed Ireland’s Data Privacy Commission that it has no plans yet to launch Threads in the 27-nation bloc, commission spokesman Graham Doyle said. The Irish watchdog is Meta’s main privacy regulator for the EU because the company’s regional headquarters is based in Dublin.

    While Meta had teased the launch with a listing on Apple’s U.K. App Store earlier this week, it could not be found in the French, German or Dutch versions.

    Analysts said its success is far from guaranteed, citing Meta’s track record of launching standalone apps that were later shut down.

    Also in question is whether it’s the right move for Meta, which has announced tens of thousands of layoffs over the past year amid a tech industry slowdown.

    CEO Mark Zuckerberg also has been focusing on the metaverse, investing tens of billions of dollars in the virtual reality concept.

    Meta risks “spreading itself too thin,” said Mike Proulx, a research director at Forrester, a global market research company. “Meta is banking on a moment in time amidst peak Twitter frustration. However, this window of opportunity is already flooded with Twitter alternatives including Bluesky, Mastodon, Spill, Post.News and Hive, which are all competing for Twitter’s market share.”

    Even so, Threads could be a fresh headache for Musk, who acquired Twitter last year for $44 billion.

    He’s made a series of changes that have triggered backlash, the latest being daily limits on the number of tweets people can view to try to stop unauthorized scraping of potentially valuable data. He also is now requiring paid verification for users to access the online dashboard TweetDeck.

    Musk’s rivalry with Zuckerberg could end up spilling over into real life. In an online exchange the two tech billionaires seemingly agreed to a cage match face-off, though it’s unclear if they will actually make it to the ring.

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  • Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far

    Meta’s Twitter-rival Threads: How to sign up, what it costs and what we know so far

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    Meta’s Twitter-rival Threads launches tomorrow: What we know so far

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  • Meta looks to target Twitter with a rival app called Threads

    Meta looks to target Twitter with a rival app called Threads

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    LONDON — Meta is poised to unveil a new app that appears to mimic Twitter — a direct challenge to the social media platform owned by Elon Musk.

    A listing for the app, called Threads, appeared on Apple’s App Store, indicating it would debut as early as Thursday. It is billed as a “text-based conversation app” that is linked to Instagram, with the listing teasing a Twitter-like microblogging experience.

    “Threads is where communities come together to discuss everything from the topics you care about today to what’ll be trending tomorrow,” it said.

    Instagram users will be able to keep their user names and follow the same accounts on the new app, according to screenshots displayed on the App Store listing. Meta declined to comment on the app.

    Musk replied “yeah” to a tweet from Twitter co-founder Jack Dorsey saying, “All your Threads are belong to us,” along with a screenshot from the App Store’s privacy section showing what personal information might be collected by the new Meta app.

    Threads could be the latest headache for Musk, who acquired Twitter last year for $44 billion and has been making changes that have unnerved advertisers and turned off users, including new daily limits on the number of tweets people can view.

    Meta has good timing because Twitter users are growing frustrated with Musk’s changes and looking for a viable alternative, said Matt Navarra, a social media consultant.

    Threads presents the “opportunity to jump to a platform that can give them many of the things that they want Twitter to continue to be that it no longer is,” he said.

    Allowing Instagram users to port their profile to Threads could give the new app more traction with potential users by providing a ready-made set of accounts for them to follow, said Navarra, former director of social media at tech news site The Next Web and digital communications adviser for the British government.

    Twitter has rolled out a series of unpopular changes in recent days, including a requirement for users to be verified to use the online dashboard TweetDeck. The policy announced Monday takes effect in 30 days and appears to be aimed at raising extra revenue because users need to pay have their accounts verified under Musk’s changes.

    TweetDeck is popular with companies and news organizations, allowing users to manage multiple Twitter accounts.

    It comes after outcry over Musk’s announcement this weekend that Twitter has limited the number of tweets users can view each day — restrictions that the billionaire Tesla CEO described as an attempt to stop unauthorized scraping of potentially valuable data.

    Still, some users might be put off by Meta’s data privacy track record, Navarra said. And would-be Twitter challengers like Mastodon have found it a challenge to sign up users.

    “It’s hard to tell whether the upset and discontent is strong enough to make a mass exodus or whether it will be somewhat of a slow erosion,” Navarra said.

    Musk’s rivalry with Meta Platforms also could end up spilling over into real life. In an online exchange between Musk and Meta CEO Mark Zuckerberg, the two tech billionaires seemingly agreed to a cage match face-off, though it’s unclear if they will actually make it to the ring.

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  • Meta looks to target Twitter with a rival app called Threads

    Meta looks to target Twitter with a rival app called Threads

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    LONDON — Meta is poised to unveil a new app that appears to mimic Twitter — a direct challenge to the social media platform owned by Elon Musk.

    A listing for the app, called Threads, appeared on Apple’s App Store, indicating it would debut as early as Thursday. It is billed as a “text-based conversation app” that is linked to Instagram, with the listing teasing a Twitter-like microblogging experience.

    “Threads is where communities come together to discuss everything from the topics you care about today to what’ll be trending tomorrow,” it said.

    Instagram users will be able to keep their user names and follow the same accounts on the new app, according to screenshots displayed on the App Store listing. Meta declined to comment on the app.

    Musk replied “yeah” to a tweet from Twitter co-founder Jack Dorsey saying, “All your Threads are belong to us,” along with a screenshot from the App Store’s privacy section showing what personal information might be collected by the new Meta app.

    Threads could be the latest headache for Musk, who acquired Twitter last year for $44 billion and has been making changes that have unnerved advertisers and turned off users, including new daily limits on the number of tweets people can view.

    Meta has good timing because Twitter users are growing frustrated with Musk’s changes and looking for a viable alternative, said Matt Navarra, a social media consultant.

    Threads presents the “opportunity to jump to a platform that can give them many of the things that they want Twitter to continue to be that it no longer is,” he said.

    Allowing Instagram users to port their profile to Threads could give the new app more traction with potential users by providing a ready-made set of accounts for them to follow, said Navarra, former director of social media at tech news site The Next Web and digital communications adviser for the British government.

    Twitter has rolled out a series of unpopular changes in recent days, including a requirement for users to be verified to use the online dashboard TweetDeck. The policy announced Monday takes effect in 30 days and appears to be aimed at raising extra revenue because users need to pay have their accounts verified under Musk’s changes.

    TweetDeck is popular with companies and news organizations, allowing users to manage multiple Twitter accounts.

    It comes after outcry over Musk’s announcement this weekend that Twitter has limited the number of tweets users can view each day — restrictions that the billionaire Tesla CEO described as an attempt to stop unauthorized scraping of potentially valuable data.

    Still, some users might be put off by Meta’s data privacy track record, Navarra said. And would-be Twitter challengers like Mastodon have found it a challenge to sign up users.

    “It’s hard to tell whether the upset and discontent is strong enough to make a mass exodus or whether it will be somewhat of a slow erosion,” Navarra said.

    Musk’s rivalry with Meta Platforms also could end up spilling over into real life. In an online exchange between Musk and Meta CEO Mark Zuckerberg, the two tech billionaires seemingly agreed to a cage match face-off, though it’s unclear if they will actually make it to the ring.

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  • Activision’s Microsoft Saga Is Almost Over. It May Be Time to Sell the Stock.

    Activision’s Microsoft Saga Is Almost Over. It May Be Time to Sell the Stock.

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    The fate of


    Microsoft


    $69 billion purchase of


    Activision


    Blizzard will finally be known in the coming weeks—and investors may want to consider taking profits on the videogame maker’s stock before then.

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  • Google set to remove news links in Canada over online news law

    Google set to remove news links in Canada over online news law

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    OTTAWA, Ontario — Google said Thursday it will remove links to Canadian news on its platforms across Canada over a new law that will require digital giants to compensate media outlets for content they share or otherwise repurpose.

    The tech giant said it will remove Canadian news links from Google News — a personalized aggregator service available by web or app that highlights local news — and from Google Discover, a feature on mobile phones that helps people find content.

    Canadian Heritage Minister Pablo Rodriguez accused Google of trying to bully Canadians, but added that “big tech isn’t biggr than Canada.”

    “Big tech would rather spend money changing their platforms to block news from Canadians instead of paying a small share of the billions they make in advertising dollars,” Rodriguez tweeted.

    Google said it informed Prime Minister Justin Trudeau’s Liberal government of its decision. It did not say exactly when it would begin to remove news, but indicated it would happen before the law takes effect by the end the year. That law was passed last week.

    Only Canadian news will be blocked, so Canadian users will still be able to see content from outlets like Fox News or BBC, for example.

    Meta made a similar announcement last week, saying it would remove news from its social media platforms Facebook and Instagram before the law comes into force. It is also ending existing deals with local publishers.

    Meta is already running a test to block news for up to 5% of its Canadian users. Google ran a similar test earlier this year.

    Kent Walker, president of global affairs for Google and its parent company, Alphabet, said the law is “unworkable.”

    In a blog post published to Google’s website Thursday, Walker said the bill creates a price on links, resulting in an uncapped financial liability “simply for facilitating Canadians’ access to news from Canadian publishers.”

    “We don’t take this decision or its impacts lightly and believe it’s important to be transparent with Canadian publishers and our users as early as possible,” Walker wrote.

    The Online News Act requires both Google and Meta to enter into agreements with news publishers to pay them for news content that appears on their sites if it helps them generate money.

    Google had been seeking assurances about how much that could cost it and how the bargaining process would unfold. Those details are likely to become clear after the bill’s regulatory process is complete.

    Legacy media and broadcasters have praised the bill, which promises to “enhance fairness” in the digital news marketplace and help bring in more money for shrinking newsrooms. Tech giants including Meta and Google have been blamed in the past for disrupting and dominating advertising, eclipsing smaller, traditional players.

    Rodriguez had previously expressed hope the government could come to a positive resolution with both companies to prevent them from removing news. He also said the government would continue to support newsrooms if Google and Meta pulled news from their platforms, though he did not say exactly how that would be done.

    Since 2008, nearly 500 newsrooms have closed across Canada, Rodriguez said.

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  • Google set to remove news links in Canada over online news law

    Google set to remove news links in Canada over online news law

    [ad_1]

    OTTAWA, Ontario — Google said Thursday it will remove links to Canadian news on its platforms across Canada over a new law that will require digital giants to compensate media outlets for content they share or otherwise repurpose.

    The tech giant said it will remove Canadian news links from Google News — a personalized aggregator service available by web or app that highlights local news — and from Google Discover, a feature on mobile phones that helps people find content.

    Canadian Heritage Minister Pablo Rodriguez accused Google of trying to bully Canadians, but added that “big tech isn’t biggr than Canada.”

    “Big tech would rather spend money changing their platforms to block news from Canadians instead of paying a small share of the billions they make in advertising dollars,” Rodriguez tweeted.

    Google said it informed Prime Minister Justin Trudeau’s Liberal government of its decision. It did not say exactly when it would begin to remove news, but indicated it would happen before the law takes effect by the end the year. That law was passed last week.

    Only Canadian news will be blocked, so Canadian users will still be able to see content from outlets like Fox News or BBC, for example.

    Meta made a similar announcement last week, saying it would remove news from its social media platforms Facebook and Instagram before the law comes into force. It is also ending existing deals with local publishers.

    Meta is already running a test to block news for up to 5% of its Canadian users. Google ran a similar test earlier this year.

    Kent Walker, president of global affairs for Google and its parent company, Alphabet, said the law is “unworkable.”

    In a blog post published to Google’s website Thursday, Walker said the bill creates a price on links, resulting in an uncapped financial liability “simply for facilitating Canadians’ access to news from Canadian publishers.”

    “We don’t take this decision or its impacts lightly and believe it’s important to be transparent with Canadian publishers and our users as early as possible,” Walker wrote.

    The Online News Act requires both Google and Meta to enter into agreements with news publishers to pay them for news content that appears on their sites if it helps them generate money.

    Google had been seeking assurances about how much that could cost it and how the bargaining process would unfold. Those details are likely to become clear after the bill’s regulatory process is complete.

    Legacy media and broadcasters have praised the bill, which promises to “enhance fairness” in the digital news marketplace and help bring in more money for shrinking newsrooms. Tech giants including Meta and Google have been blamed in the past for disrupting and dominating advertising, eclipsing smaller, traditional players.

    Rodriguez had previously expressed hope the government could come to a positive resolution with both companies to prevent them from removing news. He also said the government would continue to support newsrooms if Google and Meta pulled news from their platforms, though he did not say exactly how that would be done.

    Since 2008, nearly 500 newsrooms have closed across Canada, Rodriguez said.

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  • How to Harness Cloud-based Enterprise Resource Planning to Boost Your Business Productivity | Entrepreneur

    How to Harness Cloud-based Enterprise Resource Planning to Boost Your Business Productivity | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Enterprise resource planning (ERP) is essential for increasing the productivity of organizations — from multinational corporations to small businesses.

    Over the past few years, providers of ERP systems have been following the general trend in business platforms, and shifting their services to the cloud.

    But what advantages does that offer? And why should you bother with ERP in the first place?

    In this article, we’ll be taking an in-depth look at what ERP is, how it can benefit your business, and the advantages of cloud-based systems.

    Related: The Complete Beginners Guide to Cloud ERP Small Businesses

    What does ERP mean?

    Enterprise resource planning is an umbrella term for the processes and workflows involved in coordinating your business’ project management, procurement, accounting and supply chain operations, risk management and compliance. It also covers budgeting and financial reports.

    In short, ERP is all the organizational work involved in handling your business’ various resources.

    ERP software is designed to help you centralize all these workflows. Instead of juggling numerous and confusing shared spreadsheets and databases, you have all the information involved in a central repository that all your team members can access.

    Related: Choosing and Implementing ERP – Top Challenges Faced by Organizations

    What is cloud-based ERP?

    Cloud ERP means that enterprise resource planning software no longer lives on company-internal servers. In the past, team members had to sit at their workstations with an Ethernet connection to their business’ local network to access your ERP platform. These days are over.

    Instead, cloud ERP solutions are hosted on the provider’s server. All you need to access them is an account and a password, no matter where you or your team members are.

    Most of these solutions are subscription-based. Businesses pay a set sum every month to get access to the platform’s features and customer service. This means addressing issues and installing updates is easier than on-premise solutions.

    Cloud-based ERP solutions have several other advantages over the traditional on-premise approach.

    What are the advantages of cloud ERP?

    To start with, cloud ERP allows you to access your system, data and analytics anytime and anywhere. Not only does this allow you to maintain maximum flexibility during remote work and business trips. It also provides an invaluable safeguard in unforeseen circumstances or extreme situations — such as the pandemic or natural disasters. No matter what happens or where you are, your data is safe in the cloud.

    Another upside is that it offers enhanced security measures. With cybercrime on the rise, securing your company’s data is more important than ever. Cloud ERP providers guarantee high-level security and encryption, safeguarding your information for you.

    A third crucial advantage is the easy scalability. With on-premise solutions, outgrowing their technical capabilities was a serious issue. That is not the case for cloud ERP. If your business thrives, it’s easy to add users or upgrade to another plan. There’s no longer a need to completely overhaul your ERP approach or pay for a new software provider.

    Finally, cloud ERP also has the massive upside of integrating with other cloud-based business platforms and even IoT components. This helps you increase data flow, eliminate operational silos and make informed decisions to improve customer experience.

    How to integrate cloud ERP with other business platforms

    Regarding integrating cloud ERP with other business platforms, there are two options — native integrations and integration tools.

    Native integrations are provided as a standard feature by the provider. That means the cloud ERP platform can immediately and directly link to other cloud-based business tools. However, this is limited to tools that the ERP vendor has selected and included in the functionalities.

    In contrast, integration tools are Swiss army knives. They are made by third-party providers specializing in building data highways between cloud-based platforms, including ERP. Integrators like DCKAP, Zapier and IBM Connect are flexible and versatile and let you shape your own connections and network of business tools without having to worry about compatibility.

    How to find a cloud ERP provider?

    One of the trickiest challenges small businesses face with cloud ERP is how to find the right provider. There’s a huge range of vendors out there, which can make it difficult to pinpoint the one that best suits your current and likely future needs.

    The first step in choosing the right ERP provider is actually outlining exactly what these needs are. You’ll need to specify who will be using it to enter and share data, what your current business processes are and how they could be improved, and whether there are any legacy systems you want to replace or continue using.

    Once you have that set down and ranked in order of priority, you need to research cloud ERP providers in your niche. Find vendors that cater to other companies like yours in terms of industry and size. Check their reviews and testimonials. Then, compare pricing and see what best fits with your budget.

    As a last step, you can book a demo or a call with a sales rep to answer any outstanding questions and ensure you have found the best solution for you.

    Final thoughts

    Cloud ERP solutions bring significant advantages to small businesses — from flexibility to scalability and inbuilt cybersecurity safeguards. It is well worth comparing vendors and figuring out how to best integrate your ERP platform with your existing network of business tools. While it will take time and resources, it will help you boost your efficiency and overall business productivity.

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    Hasan Saleem

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  • Antares Vision Group Becomes the First DSCSA Compliance Software Awarded a Spot on the GSA MAS Contract With Lovell Government Services

    Antares Vision Group Becomes the First DSCSA Compliance Software Awarded a Spot on the GSA MAS Contract With Lovell Government Services

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    Antares Vision Group, through rfxcel, a leading provider of supply chain traceability and compliance solutions, has been awarded a spot on the General Services Administration (GSA) Multiple Award Schedule (MAS) contract. With partner Lovell Government Services (‘Lovell’), this significant achievement demonstrates the companies’ commitment to federal and state government entities that operate pharmacies and the patients they serve. 

    The Drug Supply Chain Security Act (DSCSA) is designed to improve the safety and security of the drug supply chain in the United States by rapidly detecting and removing harmful drugs. It requires manufacturers, distributors, dispensers (i.e., pharmacies and health systems), and other entities to track, trace, and verify certain medicines as they are received and dispensed. 

    Through its partnership with Lovell, rfxcel is the first DSCSA compliance software provider to be awarded a spot on the GSA MAS contract, a procurement vehicle for government agencies to purchase goods and services from pre-approved vendors. rfxcel’s DSCSA solution for government dispensers is already in use by the Ohio Department of Veterans Affairs.

    “Listing on the GSA MAS contract through Lovell is a win-win for everyone,” said rfxcel Vice President of Government Services, Greg Moulthrop. “First, it protects patients who use government pharmacies. But it also enables government agencies to easily and efficiently purchase our DSCSA compliance software solutions and gives government customers the dual benefit of complying with the DSCSA while working toward their SDVOSB procurement goals.”

    “We are excited to partner with Antares Vision Group, through rfxcel, on this initiative,” said Chris Lovell, CEO of Lovell Government Services. “rfxcel has made it their mission to help federal pharmacies meet DSCSA compliance requirements by November 2023 and Lovell is honored to play a part in it. DSCSA isn’t just about protecting the supply chain, it is also about protecting patients.”

    For more information, contact rfxcel Senior Government Affairs Advisor, Kevin Smith, at ksmith@rfxcel.com or 563-590-9408.

    About Antares Vision Group & rfxcel

    Antares Vision Group, through rfxcel, is a leading provider of supply chain traceability and compliance solutions. The company’s mission is to deliver value to its customers through a comprehensive suite of software solutions that ensure supply chain integrity, visibility, and regulatory compliance. rfxcel’s solutions have been used by leading companies in industries such as pharmaceuticals, food and beverage, and consumer goods. Learn more here

    About Lovell Government Services

    Lovell Government Services is a trusted government vendor since 2013 with a proven track record of success. Lovell is a two-time Inc. 5000 honoree and leader in the federal space. They partner with medical and pharmaceutical companies looking to better serve veteran and military patient populations, increase their federal revenue, and win government contracts. Click here to learn more.

    Source: Lovell

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  • SiriusXM is shutting down its Stitcher podcast app to emphasize its flagship app

    SiriusXM is shutting down its Stitcher podcast app to emphasize its flagship app

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    Satellite-radio provider SiriusXM said it will shut down its Stitcher podcast app at the end of August in favor of its own branded SiriusXM app

    SAN FRANCISCO — Satellite-radio provider SiriusXM said it will shut down its Stitcher podcast app at the end of August in favor of its own SiriusXM app, part of a larger effort to emphasize its own brand.

    Many of the podcasts featured on Stitcher are already available on the SiriusXM app, and all podcasts on Stitcher “can also be found anywhere else podcasts are distributed,” the company said. SiriusXM Holdings Ltd. does not have exclusive podcasts.

    The company is sending existing Stitcher users an offer for a free six-month trial of its platinum SiriusXM service, which includes the company’s streaming services for music, sports and sports talk, other talk shows and news.

    No layoffs are planned as part of the change. Stitcher, which SiriusXM acquired in 2020 for $325 million, has emphasized the simplicity of its app, noting on its website that it was “designed for podcasts and nothing else.” Its app and website had a combined 900,000 unique visitors as of March, according to Comscore.

    SiriusXM plans a revamp of its own app later this year that will also emphasize ease of use and price flexibility.

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  • SiriusXM is shutting down its Stitcher podcast app to emphasize its flagship app

    SiriusXM is shutting down its Stitcher podcast app to emphasize its flagship app

    [ad_1]

    Satellite-radio provider SiriusXM said it will shut down its Stitcher podcast app at the end of August in favor of its own branded SiriusXM app

    SAN FRANCISCO — Satellite-radio provider SiriusXM said it will shut down its Stitcher podcast app at the end of August in favor of its own SiriusXM app, part of a larger effort to emphasize its own brand.

    Many of the podcasts featured on Stitcher are already available on the SiriusXM app, and all podcasts on Stitcher “can also be found anywhere else podcasts are distributed,” the company said. SiriusXM Holdings Ltd. does not have exclusive podcasts.

    The company is sending existing Stitcher users an offer for a free six-month trial of its platinum SiriusXM service, which includes the company’s streaming services for music, sports and sports talk, other talk shows and news.

    No layoffs are planned as part of the change. Stitcher, which SiriusXM acquired in 2020 for $325 million, has emphasized the simplicity of its app, noting on its website that it was “designed for podcasts and nothing else.” Its app and website had a combined 900,000 unique visitors as of March, according to Comscore.

    SiriusXM plans a revamp of its own app later this year that will also emphasize ease of use and price flexibility.

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