#business-impact
#business-impact

Can Businesses Survive a TikTok Ban?

TikTok's potential ban in the U.S. could negatively impact businesses heavily relying on the platform for reaching customers and driving sales. [ more ]

www.nytimes.com

6 days ago

TikTok Tells Advertisers: We Are Not Backing Down'

TikTok challenges potential ban and emphasizes importance to advertising industry. [ more ]

www.theguardian.com

ByteDance would shut down TikTok in US rather than sell it, sources say

ByteDance prefers to shut down TikTok rather than sell if faced with US legislation ban. [ more ]

BostonGlobe.com

T.J. Maxx and other retailers really need TikTok. They have remained silent on a possible ban. - The Boston Globe

Retailers are staying silent on the TikTok ban due to the complex US-China relations.

TikTok is increasingly important in business impact for the retail industry. [ more ]

ABC7 San Francisco

Creators fear ban as House prepares to vote on TikTok bill that could block app in America

TikTok is actively campaigning against a bill that could lead to a nationwide ban, engaging users to contact lawmakers.

TikTok argues banning the app would negatively impact millions of businesses, including creators and collaborations like Nadya Okamoto. [ more ]

Sacramento Bee

16 million Californians use TikTok. Soon, it could go away. What would that mean?

The ban on TikTok might impact millions of Californians who use the app for personal and business purposes. [ more ]

WWD

2 weeks ago

TikTok Ban Is Now in View, As House Passes Bill

The U.S. House of Representatives passed a bill mandating the sale of TikTok's parent company over national security concerns. [ more ]

WSB-TV Channel 2 - Atlanta

Big brands could pivot easily if TikTok goes away. For many small businesses, it's another story

Companies are preparing for potential TikTok ban by diversifying marketing strategies.

Smaller firms and entrepreneurs may struggle more without TikTok. [ more ]

Forbes

TikTok Ban: Here's What Wall Street's Saying-And The U.S. Firms At Risk Of Contagion

Top companies at risk from TikTok ban in the U.S.

Potential impact on American firms in China due to TikTok ban. [ more ]

moretiktok-ban

eLearning Industry

4 days ago

Data science

Do The Math: Here's Why Return On Investment For Employee Training Programs Really Matters!

Quantifying Training's ROI is crucial for demonstrating value and securing ongoing support and budget allocations. [ more ]

Medium

4 days ago

DevOps

[Guide] How to Create a Successful AWS Partnership Strategy to Scale your Sales Motion

Building a partnership with AWS involves a journey with essential steps to establish and leverage the partnership foundation for business impact. [ more ]

TechCrunch

5 days ago

Tech industry

A comprehensive list of 2024 tech layoffs | TechCrunch

Tech layoff wave persists in 2024 impacting both large and small companies. [ more ]

Harvard Business Review

Tech at Work: What GenAI Means for Companies Right Now

Generative AI adoption requires optimization for real business impact. [ more ]

DevOps.com

Logz.io Leverages AI to Identify Anomalies in Real-Time - DevOps.com

Real-time anomaly detection simplifies impact correlation.

AI models reduce mean time to resolution and bridge IT-business gap. [ more ]

TNW | Fintech-Ecommerce

Klarna deepens automation fears with claim AI assistant does work of 700 people

Klara's AI assistant equivalent to 700 full-time agents

AI assistant handling two-thirds of customer service chats [ more ]

IPWatchdog.com | Patents & Intellectual Property Law

Understanding IP Matters: AI Beyond ChatGPT - How a Healthcare Investor and INDYCAR Engineer are Taming Big Data

AI is revolutionizing businesses, with platforms like ChatGPT marking a significant accessibility milestone.

Investors like Armando Pauker are attracted to AI for its predictive and prescriptive capabilities, surpassing human limitations. [ more ]

Medium

3 months ago

Is creativity unique?-Being creative in an age of genAI

Generative AI has the potential to impact many industries, but there are concerns about its impact on creativity.

The estimated annual addition to global economic value from generative AI ranges from $2.6 trillion to $4.4 trillion, surpassing the entire GDP of the United Kingdom. [ more ]

Benzinga

Mark Zuckerberg-Led Meta's 'Set It And Forget It' AI Tools Misfire, Wasting Ad Budgets And Driving Away Businesses: Report - Meta Platforms (NASDAQ:META)

Meta Platforms Inc. (META) faces setbacks due to malfunctioning AI-powered ad tools, causing wasted ad budgets and decreased sales.

Businesses are reconsidering advertising strategies on Meta's platforms due to recurring glitches and lack of transparency about performance issues. [ more ]

Fast Company

Business

This is the most overlooked piece in companies' sustainability strategies

Food system's greenhouse gas emissions surpass transportation sectors combined. [ more ]

Mission Local

3 weeks ago

Mission District

More businesses join legal battle vs. Valencia center bike lane

Four businesses oppose Valencia Street bike lane, joining previous claims.

City denies claims, potential lawsuit looming, seeking damages.

Limited evidence of significant impact on Valencia Street businesses due to bike lane. [ more ]

www.mercurynews.com

East Bay (California)

This has been the biggest mistake of my life': Oakland business owner confesses before he's sentenced to prison for laundering drug money

Felipe de Jesus Ornelas Mora sentenced to 18 months in federal prison for money laundering through his business Rincon Musical.

Ornelas Mora expresses regret and loss, acknowledging his wrongdoing and the impact on his life and business. [ more ]

www.theguardian.com

Europe politics

Hammer blow' of 145 Brexit food import charges; oil prices near $90 business live

Small businesses in the UK are facing significant financial burdens with the newly imposed fees on individual food imports.

The government's decision to introduce import charges for animal products from the EU has raised concerns about higher food prices and limited choices. [ more ]

Boston.com

Boston food

'Unfortunately I'm a very, very small business': Wade BBQ in Somerville will close

Wade BBQ, a popular takeout spot in Greater Boston, is closing temporarily due to ventilation issues and complaints from neighboring tenants.

Chef David Wade faced challenges with smoke ventilation and temporary closure, impacting his business negatively during the busy season. [ more ]

Above the Law

Law

In California, Minimum Hourly Wage For Fast-Food Workers Is Now $20

California raised the minimum wage for fast-food workers to $20 per hour, making them the highest paid in the US.

The law defines fast-food restaurants based on criteria like limited table service and being part of a chain with at least 60 establishments nationwide. [ more ]

Los Angeles Times

California

Your guide to California's new $20-an-hour minimum wage for fast food workers

California's mandatory minimum wage for fast-food workers increased by 25%, benefiting workers in the industry.

Fast food chains are considering raising prices or changing operations to offset the impact of the wage increase. [ more ]

ABC7 San Francisco

San Francisco

New $20 minimum wage for CA's fast-food workers starts next week

Fast-food workers in California will see a minimum wage increase to $20 an hour, a 25% increase from the current $16 minimum wage.

Federal minimum wage is $7.25 an hour and has not changed since 2009; proposals for an increase have stalled. [ more ]

www.hamhigh.co.uk

London

'Not a safety issue' - Cause of tube station reopening delay revealed

Kentish Town Tube station has been closed since June 26 for escalator replacement and ticket office work, with delays due to unexpected repairs.

Residents and businesses expressed frustration over the extended closure affecting trade, safety, and transportation options. [ more ]

www.standard.co.uk

4 months ago

London

Tube strikes will cost London's hospitality sector 50million, bosses fear

Tube strikes next week could cost businesses up to 50 million pounds

Strike action will cause severe disruption to Tube services from Monday to Thursday [ more ]

Entrepreneur

Business intelligence

How Stock Market Fluctuations Really Impact Your Business | Entrepreneur

Stock market impact extends beyond individual investors.

Understanding market fluctuations is crucial for businesses. [ more ]

Medium

Business intelligence

The "impact" problem with research

Lack of clarity between Product vs. Business Impact exacerbates communication issues between UX and Business People.

Competing epistemological systems, interpretation validity threats, and systemic incentivization perpetuate the Impact Problem. [ more ]

Miami Herald

Miami

Less spring break 'chaos' on South Beach. But also less money for businesses

Decrease in business due to spring break measures

Parking restrictions impacting employees and customers [ more ]

London Business News | Londonlovesbusiness.com

Wine

Alcohol industry calls on the Chancellor to cut 'last year's punishing duty increases'

The wine and spirits industry is urging the Chancellor to reduce alcohol duty, citing negative impacts on businesses and sales.

Recent duty increases have led to a drop in sales volume for spirits and wine, with significant revenue losses for the Treasury. [ more ]

BuzzFeed

5 months ago

Digital life

38 Things People Find Soooo Cringeworthy That Have Become Normalized In Today's Society

People talking loudly on speaker phone can be disruptive and invade others' privacy.

Talking on speaker phone in public places can drive away customers and negatively impact businesses. [ more ]

Eater NY