Author: Admin

Parton wasn’t always wealthy. She grew up in poverty and in her 1971 hit Coat of Many Colours describes how she would wear rags which her “mama” had knitted together to school.In a 2017 BBC interview, she said her father gave her business lessons from early in her career.”My dad wasn’t an educated man, he wasn’t able to read and write, but my daddy had a great sense of business,” she told the BBC’s World Service in 2017.”So when I got into the music business, I thought of it as a business. And so I started early on keeping my…

As part of the settlement, the social media giant has agreed to make a number of changes to the way Instagram and Facebook operate for its youngest users.Some experts say it is long overdue. The new safety barriers include a two-hour time limit across both platforms, which will be a default setting for known teen users. But direct messaging on the platforms will not count towards the daily use limit.Notifications will be muted between midnight and 06:00 and on school days between 08:00 and 15:00.Likes on posts and content will also be entirely hidden on the platforms for teens.Most of…

Image source: The Motley Fool. DATEWednesday, Aug. 19, 2026 at 4:30 p.m. ETCALL PARTICIPANTSChief Financial Officer – Lisa PotokPresident, Chief Executive Officer and Chairman – Desmond WheatleyTAKEAWAYSRevenue — $8.6 million, growing 21% year over year and 174% compared to the first quarter of 2026.Gross Margin — 17.8%, compared to 20.3% in the prior year period, reflecting a higher impact of fixed overhead allocations.Adjusted Non-GAAP Gross Margin — 26.2%, excluding $700,000 in noncash depreciation and intangible amortization.Net Loss — $3.1 million, or $0.14 per share, compared to $4.3 million, or $0.28 per share, in the second quarter of 2025.Backlog — $5.4…

Flipboard, the news magazine software company that has more recently invested in the open social web — the umbrella term for social platforms that let users, not one company, control their own data and audience — is making another big bet on that ecosystem. The company on Wednesday announced it’s acquiring the Portland-based feed-building startup Graze, which has been working to monetize the open social web by allowing feed creators to support themselves via ads. Graze today offers tools to build, customize, publish, and manage Bluesky feeds, which are curated post streams that users can set as their home feed, pin for…

Marc Benioff, chief executive officer of Salesforce, speaks during the World Economic Forum in Davos, Switzerland, Jan. 18, 2024.Halil Sagirkaya | Anadolu | Getty ImagesSalesforce shares soared 12% in extended trading on Wednesday after the cloud software vendor reported results and issued guidance that surpassed Wall Street projections.Here’s how the company did relative to LSEG consensus:Earnings per share: $5.90 adjusted. It is not immediately clear if the reported earnings are comparable to the LSEG consensus of $3.27.Revenue: $11.35 billion vs. $11.32 billion expectedSalesforce’s revenue increased 11% from a year earlier in the fiscal second quarter, which ended on July 31,…

Better Mortgage and Coinbase have made their Bitcoin-backed mortgage product generally available, allowing US homebuyers to pledge Bitcoin as collateral for a down payment without selling it, the companies announced Wednesday.According to Coinbase’s Help Center, the product pairs a Fannie Mae-backed home loan with a separate down payment loan secured by Bitcoin (BTC). Borrowers must pledge BTC worth at least 250% of the down payment loan, with the pledged BTC transferred to Better’s custodial account on Coinbase Prime.The two loans carry the same interest rate and amortization term and are repaid through a single monthly payment, Coinbase said. The pledged BTC is…

In brief Bill Gates published a nearly 6,000-word essay on Gates Notes calling the AI transition “one of the most turbulent times in human history” He’s proposing a tax on AI tokens and robots to offset the payroll-tax advantage automation already has over hiring. Gates puts a ceiling of roughly 40% of jobs under the most aggressive version of that carve-out. Buy a worker, pay payroll tax. Buy a robot, write it off. Bill Gates thinks the math employers are faced with is a problem.In an essay titled “The turbulent AI era is here. The choices we make now are…

Potentially taxable onchain crypto activity reached at least $457 billion globally in 2025, while international reporting rules may capture only a fraction of it, according to a new Chainalysis report.The US accounted for an estimated $112.6 billion of the total, while North America led all regions with $134.6 billion, followed by the European Union at $125.1 billion.The estimates include realized gains, income from activities such as mining, staking and lending, and crypto-denominated payments across six major blockchains, but exclude trading and other activity conducted within centralized exchanges.Chainalysis said transactions covered by the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting…

In brief OpenAI banned ChatGPT accounts it assessed as very likely originating in Russia. The accounts promoted an ostensible Israeli institute that published copied research under academics’ names. Most posts received few views, though associated Telegram channels had up to 20,000 followers each. A network originating in Russia used ChatGPT to promote an organization that presented itself as an academic institute, according to an OpenAI report published Wednesday.OpenAI said it banned a group of accounts whose operators used Russian-language prompts to generate social media posts and comments, mostly in English. They also instructed ChatGPT to conceal signs that the content…

By Richard de Silva In Silicon Valley, if a founder wants to build the next unicorn, there’s a formula: find a bold idea, surround yourself with well-heeled advisers and investors, and raise a war chest. With cash and fundraising buzz, go after a large market in search of product-market fit. That journey sometimes leads to winning pilots, more rounds and real customers. More often, the company pivots into a different niche or quietly dissolves. A whiff of failure sends employees to the exits and funding evaporates. That’s the VC-backed model. It fuels the dreams of college dropouts and frustrated engineers,…