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The video-sharing platform TikTok has been the target of President Donald Trump, most recently through an executive order threatening to soon ban the app in the US due to its ties to China.
ByteDance, TikTok's parent company, has talked in recent weeks with US tech companies, like Microsoft, about a potential TikTok US acquisition to appease Trump's concerns. However, the South China Morning Post reports these discussions are unlikely to end in a deal.
Although talks may fall through, ByteDance has no plans to accept a ban. The company is reportedly planning to sue the Trump administration over the executive order as early as Tuesday.
Visit Business Insider's homepage for more stories.
As the Trump administration has stepped up its attack in recent weeks against TikTok, citing national-security risks, the acquisition of TikTok's US operations by an American company — most likely Microsoft — has been painted as the lone option to avoid a ban.
However, the South China Morning Post reports that acquisition talks for TikTok's US operations, are "unlikely" to end in a deal, lending support to the idea that ByteDance isn't ready to give up its monstrous American audience without a fight.
Microsoft's expected acquisition of TikTok's operations in the US, Canada, New Zealand, and China has an estimated valuation between $10 billion and $30 billion. But SCMP reports that the probability of the Microsoft-ByteDance deal's success was "not higher than 20 per cent," according to a source who said that Microsoft's initial acquisition offer was like "robbing the owner when his house is on fire."
NPR reported over the weekend TikTok is planning to sue the Trump administration regarding its executive order to ban "any transactions" between Americans and ByteDance — which faces vital questions regarding its legality and violations of First Amendment rights — alleging the company wasn't given "a chance to respond." The lawsuit, which could be filed as early as Tuesday, is the most concrete step ByteDance has taken thus far to show it has no plans to give into the Trump administration's directives.
In China, ByteDance and CEO Zhang Yiming have faced criticism for too easily giving into Trump by agreeing to hold talks with US companies about acquiring TikTok's US operations. To employees, Zhang defended the move as a "legal process" ByteDance had to follow.
Under Trump's executive order, ByteDance has less than 45 days to find a buyer. Since it was first reported in late July that Trump planned to take action against TikTok, Microsoft has emerged as the front runner. Over the weekend, the Wall Street Journal reported Twitter was in "preliminary" talks about acquiring TikTok in the US.SEE ALSO: Trump's push to ban TikTok in the US, explained in 30 seconds
Join the conversation about this story » NOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first time
TLDR: With a one-year subscription to the pCloud Premium Plus cloud storage service, all your files can be safely stored in the cloud for almost 70 percent off. There are generally two types of files that are probably filling up a majority of the space on your laptop or smartphone hard drive right now. One group includes all the photos, videos and other personal mementos that you’ve accumulated, all stuff that would be painful to lose. The other group is stuff you’ve mostly forgotten about, but don’t quite want to trash either. Stuff like old tax returns or a report… This story continues at The Next Web
Form GST RFD-09is also known as Reply to Show Cause Notice.This is the reply by applicant on form RFD-08 issued by the concerned government officer.The GST Refund Application is applied in RFD-01 and RFD-01A of which the acknowledgement is received in Form RFD 02.The Form RFD 03, which is the deficiency memo, suggests any pending/ missing status in the application.Form RFD 04 is the provisional refund order after which Form RFD 05, the payment advice is issued.It is followed by the Final Refund Order in Form RFD 06, while Form RFD-07 is an order for complete adjustment of sanctioned GST Refund and, Form RFD-08 the notice for rejection of the application for refund.
Market HighlightsThe most eminent market driver for global energy as a service (EaaS) market growth is the rising adoption of distributed energy resources (DER).Other factors enhancing the market growth include decarbonization of the global economy, the advancement of an integrated distributed energy resource (iDER), increased focus on sustainable energy, leveraging data analytics and artificial intelligence in the EaaS market, and transformation of transportation sector through electrification such as the introduction of electric vehicles.The Energy as a service market 2020 was valued at USD 10.6 billion and is estimated to reach USD 51.8 billion by 2023, with a CAGR of 31.2% in the forecast period.The Energy as a Service (EaaS) concept has yet not flourished throughout the world, especially in developing countries.Developed countries like U.S and Canada have defined their policies and standards to promote the usage and adoption of EaaS.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6609Key PlayersSome of the major key players of global EaaS market are Duke Energy (US), Engie (France), Southern Company (US), EDF Energy (UK), Edison International (US), SmartWatt (US), Bernhard Energy (US),Orsted (Denmark), Siemens AG (Germany), General Electric (US), WGL Energy (US.Enel X (Italy), Schneider Electric SE (France), Solarus (Netherlands), and Contemporary Energy Solutions (US), Enertika (Spain), are some of those companies.Regional Analysis:The regional segmentation of the global energy as a service (EaaS) market covers Europe, North America, Asia Pacific, and rest of the world (RoW).During the forecast period, Europe can be the fastest growing regional market due to the increasing adoption of renewable source of energy consumption and the presence of various energy service providers.The third factor responsible for the market growth is improving demand energy response among the industrial as well as residential areas in the USA and Canada.
Summary - A new market study, titled “Global Corporate Tax Software Market - Upcoming Trends, Growth Drivers and Challenges – Forecast to 2025” has been featured on WiseGuyReports.In 2018, the global Corporate Tax Software market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.This report focuses on the global Corporate Tax Software status, future forecast, growth opportunity, key market and key players.The study objectives are to present the Corporate Tax Software development in United States, Europe and China.ALSO READ: https://www.einpresswire.com/article/503151580/global-corporate-tax-software-market-global-industry-perspective-comprehensive-analysis-and-forecast-2019-2025 The key players covered in this studyTurboTax BusinessAvalaraVertexH BlockTaxJarBloomberg Tax Fixed AssetsinDineroCorptaxCredit Karma Market segment by Type, the product can be split intoCloud BasedWeb Based Market segment by Application, split intoLarge EnterprisesSMEs Market segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South America The study objectives of this report are:To analyze global Corporate Tax Software status, future forecast, growth opportunity, key market and key players.To present the Corporate Tax Software development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of Corporate Tax Software are as follows:History Year: 2014-2018Base Year: 2018Estimated Year: 2019Forecast Year 2019 to 2025For the data information by region, company, type and application, 2018 is considered as the base year.Whenever data information was unavailable for the base year, the prior year has been considered.
The Indonesian Government has risked the wrath of the White House by introducing a Value Added Tax (VAT) on several companies including Facebook, Amazon and Google.
Routable, backed by Y Combinator and Marqeta CEO Jason Gardner, just launched out of stealth mode with $16 million in funding to digitize business payments.
Bill pay startups are hot, especially as businesses have shifted online amid the coronavirus pandemic.
Routable white-labels its tech and has integrations with accounting software like Quickbooks and Xero, making it easy for businesses to track money moving in and out.
Visit Business Insider's homepage for more stories.
For businesses, managing payments has always been a challenge. The process is often manual, requiring owners to keep track of mountains of paperwork and physical checks.
And there's no shortage of fintechs looking to solve this problem for small and large businesses alike.
Routable is the latest fintech offering digitized B2B payments. The startup just launched out of stealth mode with $16 million in funding — a $12 million Series A and a $4 million Series B — from investors including Box Group, Y Combinator, and Marqeta CEO Jason Gardner.
Routable's payments application programming interface (API) helps businesses automate and digitize the processes around sending and receiving payments. Since its founding in 2017, Routable has inked deals with customers like Re/Max and Snackpass.
"Today, you know how to send 100,000 emails, you know how to send 100,000 text messages through Twilio, and you know how to do 100,000 consumer payments," Omri Mor, cofounder and CEO of Routable, told Business Insider.
"But a business payment is like trying to pass a bill through Congress. There are reviews. There's back and forth. It takes 15 to 30 minutes. It's a lot of work and those minutes pile up significantly," Mor said.
Read more: Investors say these 38 fintechs are the next generation of breakout B2B stars, following in the footsteps of Stripe and Plaid
Routable manages payments across the entire life cycle
In payments, you're only as good as your integrations, Mor said. And for Routable, that meant ensuring it can link in seamlessly with accounting software like Xero and Quickbooks.
"In our industry, it is really critical that you have awesome integrations with accounting software. It's make it or break it," Mor said.
Routables not only helps businesses send and receive payments electronically — it also automatically updates businesses' accounting records, making finance teams' jobs easier. And that's key, because many businesses manage their payments across disjointed systems, requiring finance teams to manually monitor and update records.
"A lot of why it's clunky and overwhelming is the amount of data that's required to be entered," Mor said, "and then the amount of updating that needs to happen between your bank, your accounts payable and accounts receivable, and then your accounting software."
See more: 22 fintechs that VCs and big investors say are on the brink of becoming household names
When businesses start processing upwards of 1,000 payments each month, the process is hard to scale without a digital solution.
Routable's tech is white labeled, meaning that when a business sends a digital invoice to a vendor, for example, Routable's branding isn't featured.
"We don't push our branding. We let our clients push their branding, which is really important for our larger customers," Mor said.
Bill-pay startups are hot
Routable is entering a market crowded with fintechs looking to digitize business payments. In July, Business Insider asked investors to nominate early-stage fintechs to watch, of which 13% were focused on business bill payments.
From expense-management fintech Digits to construction-focused platform Built, there are several startups offering point solutions centered around business payments. And then there are small business lenders like Kabbage, which offer payments in tandem with their lending platform.
Read more: Top fintech investors see a big opportunity in disrupting how people and companies pay their bills. Here are 8 startups on the verge of breaking out.
But Mor says what sets Routable apart is its focus not just on digital payments, but on accounting and operations, as well.
"On one hand you have a lot of workflow tools," Mor said. These companies are geared toward automating manual processes. And then there are processors, which manage the actual movement of money. But Routable is looking to do both, offering a platform for businesses to manage their workflows and send and receive money digitally.
"We are building a platform that actually does both," Mor said.
Eyeing the middle market
With its $12 million Series A, Routable is looking to build out its team — currently 24 full-time employees — and grow its customer base.
So far, the startup has focused primarily on smaller business customers. But now, it's eyeing the middle market, meaning companies with between $100 and $500 million in revenue. Its end goal is to eventually serve larger enterprise companies in the next two years.
To do so, that means more integrations with account software like Oracle and SAP, Mor said.
"We have a lot of good work ahead of us for the level of due diligence that those enterprise customers will want to do," Mor said.
Inside JPMorgan's $500 million bet on healthcare payments: the CEO of InstaMed says it's seeing record sales since being acquired by the Wall Street giant
Experts explain the complexities around getting PPP loans forgiven, and why so many small businesses are turning to fintechs like PayPal and PlaidSEE ALSO: Top fintech investors see a big opportunity in disrupting how people and companies pay their bills. Here are 8 startups on the verge of breaking out.
SEE ALSO: Investors say these 38 fintechs are the next generation of breakout B2B stars, following in the footsteps of Stripe and Plaid
Join the conversation about this story » NOW WATCH: Why YETI coolers are so expensive
Sie suchen einen Anwalt for Steuerstrafrecht in Frankfurt, Bad Homburg, Alsfeld, Aschaffenburg location?Ihr Experte Anwalt Feste Rechtsanwaltskanzlei lassen Sie sich kompetent beraten uber Steuerhinterziehung, Steuerdelikt, Selbstanzeige, Steuerhinterziehung Selbstanzeige etc.
One of the big mistakes companies make is not to delegate specific, highly specialized tasks to real experts in these tax services.Whether due to mistrust, lack of information, or wanting to repair operating expenses, some entrepreneurs neglect important areas of opportunity that must be defined by a specialist.A great example is tax advice.The panorama of the tax system in our country has a marked tendency to become more strict and sophisticated each year.Having a tax advisor offers you advantages that will have a positive impact on the actions of your company.Next, we mention five advantages that you will get when hiring tax advice from your area: You will stay on top of what matters.A tax adviser has, among its main tasks, to notify the employer about the news within the scope of tax regulations, and to detect possible advantages derived from them.The mission of a tax advisor is to achieve quick and concrete solutions, always within an ethical framework, and respectful of legality and confidentiality.Tax advisors are well aware of the procedures to follow and have planning methodologies that allow them to meet their planned objectives better.By having a tax advisor, your company can focus more on other areas that require more attention.There are several incentives available legally for those who keep up to date on their tax obligations; however, by mere disinformation, there are very few who access these advantages.
President Donald Trump doesn’t have the grounds to stop a defamation lawsuit filed by a woman who accused him of raping her, a New York state justice ruled Thursday.That decision is a big win for E. Jean Carroll, a magazine columnist who wrote last year that Trump raped her in a New York department store in the mid-1990s. Last November, she sued the president for defamation after he accused her of lying about the incident and sought to collect a DNA sample from him.Trump’s legal team asked the New York Supreme Court to put the case on hold and argued that a sitting president is immune to any civil lawsuits in state court. But state Justice Verna Saunders rejected that argument, citing a U.S. Supreme Court ruling that Trump couldn’t refuse a subpoena for his tax returns on the basis of holding presidential office. That finding is “applicable to all state court proceedings in which a sitting President is involved, including those involving his or her unofficial/personal conduct,” Saunders wrote in her decision. Carroll tweeted that she was excited to move forward with her case, which will also allow her to continue seeking Trump’s DNA. She says that she kept the dress she had on when Trump allegedly raped her and that genetic material a lab found on the dress may match his. WE MOVE FORWARD!! Judge Verna L. Saunders has DENIED Trump's assertion of absolute immunity! My attorneys, @kaplanrobbie, @JoshuaMatz8 & Matthew Craig are chomping at the bit to begin DISCOVERY!(This is the 2nd great ruling by a Black Woman today!)https://t.co/6yrP9BKBs2— E. Jean Carroll (@ejeancarroll) August 6, 2020Carroll’s attorney, Roberta Kaplan, said she looks forward to proceeding with the lawsuit, which can now play out in the final months of Trump’s reelection campaign. “We are now eager to move forward with discovery so that we can prove that Donald Trump defamed E. Jean Carroll when he lied about her in connection with her brave decision to tell the truth about the fact that Donald Trump had sexually assaulted her,” she said in a statement.After Carroll published her allegations in a memoir last summer, Trump aggressively denied having ever met her, despite a photo of the two of them existing. He has repeatedly accused her of lying and suggested she was working as an agent for the Democratic Party to sabotage his reelection bid — a suggestion Carroll has denied.Carroll said Elle Magazine, where she worked as a columnist for many years, fired her after Trump began attacking her. The magazine denied the two events were connected.At least two dozen women have accused Trump of sexual misconduct. He has denied all allegations. Related...
'I Don't Care': Trump Responds To Intel That Russia Is Working To Get Him Elected Again
Facebook Axes Fake Accounts Claiming To Represent Black Support For Trump
Trump Signs Executive Orders Banning Transactions With TikTok, WeChat In 45 Days
People used to see the legalization of marijuana is a great topic in debates to kill time when the laws were passed.This bold move bought an additional source of tax revenue.If you are starting an on-demand cannabis delivery business, here are some factors that you need to consider beforehand.Basic features of an on-demand marijuana delivery app:User verification:User verification is crucial in the cannabis delivery business so that you can make sure that only users of legal age can get their hands on the product.So make sure that you upload every product according to their category they belong to.Payment:Just like every other on-demand app, the cannabis delivery app should have a wide array of payment methods like a credit card, debit card, UPI, PayPal, net banking, etc., to ensure a smooth transaction for every user.If the user is not sure about a particular product or type of marijuana to buy, he/she can get the doctor’s guidance from the app.Learn more about the types of cannabis and needs of the people:Before entering the business, you should have a clear idea about the market, existing brands, and operational methods.Please make sure they are aware of your services.
Several Democratic senators want to hit billionaires with a onetime 60% tax on wealth gains made during the coronavirus pandemic.
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QUOTE OF THE DAY
"I'd like to say this is some good and necessary trouble,"— Hannah Waters, the Georgia high school student who was suspended after posting photos of North Paulding High School's crowded hallways on social media. The school rescinded Waters' suspension today following widespread criticism.
This weekend's Sturgis motorcycle rally is expected to attract 250,000 people. Most of the 7,000 residents of the South Dakota town want it postponed over Covid, but it's going forward, and the usual huge crowds are expected.
US economy added 1.8 million jobs in July, beating expectations. The unemployment rate declined nearly a point to 10.2%. (More below).
Negotiations are stalled over the pandemic relief bill. A week after the expiration of unemployment benefits, Democrats and the White House are still trillions apart. Republicans are offering $400 unemployment for four months. Democrats want to keep it at $600, and are demanding huge aid for state and local governments.
Trump executive orders ban US companies from working with TikTok parent ByteDance or WeChat. The order targeting the Chinese companies takes effect in 45 days, presumably giving Microsoft a chance to complete an acquisition of TikTok's US operations. TikTok says it will sue to overturn the order. The Trump administration also sanctioned Hong Kong's chief executive and other Hong Kong and Chinese officials for their role in Hong Kong's new security law.
VIEWS OF THE DAY
The jobs report was good, but the labor market is still a mess.
Friday's jobs report showed that the US economy added 1.8 million jobs in July and the unemployment rate ticked down to 10%. This is good news, but it's important to put it in perspective.For one thing, the unemployment rate is still historically high — higher than at any point during the Great Recession. Secondly, the rate of jobs gains slowed from June, indicating that the resurgence in coronavirus cases may be cooling off the recovery. Third, we've still only added back around 40% of the jobs we lost in March and April, despite three straight months of jobs gains since then. Fourth, the recovery is unequal: the unemployment rate for white Americans is dropping much faster than for Black Americans.
Basically this is a "well it's slightly less of a disaster" kind of report. For instance, the number of newly permanently laid off workers — as opposed to workers temporarily laid off but expecting to be hired back — stayed steady at around 2.9 million despite expectations that it would rise. But that's still 2.9 million more people not expecting their job to come back.
The jobs report was good news and showed the labor market is improving. But that same labor market is also in historically terrible shape and millions of people are in dire economic straits.
And, importantly, this report covers the period before the government aid dried up. — Bob Bryan
How Trump's Census manipulation will hurt you.
The National Weather Service just predicted that this will be an "extremely active" hurricane season, with 10 to 16 more named storms, adding to the 9 that have already formed. That's huge, valuable news that will guide how cargo ships and planes are routed, how off-shore drilling rigs are staffed, when crops are harvested.
The very best meteorologists on the planet, trained at grand American universities and hired by the federal government, interpolated data from satellites launched at a cost of billions of dollars and weather stations and buoys and sensors distributed by the thousands. It's a triumph of data, complexity, human capital, and public investment.
On the other hand, the Census, the most magnificent collection of data in the history of the world, will be a cruddy mess this year. Even though the pandemic has caused havoc in the Census, Trump officials have cut short the count by a month, declined to extend the data analysis till April, and actively discouraged immigrants from completing census forms. All of this means that tens of millions of households will likely be missed. This would help Trump and his allies politically, and would send fewer federal resources to poorer parts of the country.
But it also spoils one of the most valuable tools the US has. Businesses rely on accurate Census data to make decisions on how to staff, where to put stores, how much to pay, and what kind of products to market. Governments rely on it to decide where to build roads and schools, what to tax, and where to rezone. Making it census data worse to meet a short-term political end will cascade error through the system, making all of us poorer and more ignorant.
In their war against the nonexistent deep state, Trump and his allies have undermined and ruined one of America's greatest strengths. The federal government gathers and analyzes mass data better than any organization that has ever existed, and that has helped make us all rich. Corrupting that will harm the rest of us long after Trump has left Washington. — DP
Trump's right: There should be a fourth presidential debate in early September.
Like the child-custody arrangement in an especially hostile divorce, the presidential debate schedule is the worst — yet still tolerable — scheme you could come up with under the circumstances. Every four years, a bipartisan commission on debates manages to get everyone to agree to a bare minimum of debating: three very short, very controlled presidential debates, crammed into four weeks right before the vote.
Any reasonable observer of American politics should admit that it's a deeply inadequate and poorly timed arrangement. During the primaries, candidates debate over and over and over again for months, with wildly different formats. It's crazy that the two leading candidates for the most important job on the planet face off so briefly and so late. We've known it would be Biden vs Trump for nearly six months — and the country has experienced historic convulsions — yet they will only debate the issues for a few minutes during a brief burst from September 29 to October 22.
The Trump campaign is struggling and craves any opportunity to change the dynamics, so it's not surprising that Rudy Giuliani hectored the debate commission this week to add a fourth debate in early September, or at least to move the final late October debate to early September. The Commission yesterday rejected the proposal — that's not what was painstakingly agreed to — but the Trump campaign has a point!
For the pandemic and other reasons, both parties are making heroic efforts to get their people to vote early. By the time the first debate rolls around on September 29, early voting will have started in at least a dozen states and millions will have cast a ballot. In a political system where the presidential campaign lasts almost two years, it's stupid that people can vote before the candidates ever even debate.
The commission was right to reject Trump for trying to alter the rules in the eleventh hour, but they should remember his complaint in 2024. If we're going to extend voting back into September, then early voters should get the chance to see a debate before they mail in their ballot. — DP
Focus, Donald, Focus
If there is a single issue in global economics right now, it's ensuring that the US passes another coronavirus aid bill so that the mighty US consumer can keep spending.
Problem is, as I wrote in my column this morning, negotiations for this bill have fallen on the White House, and Trump can't seem to focus on this issue. For the past few weeks he's been trying to load it with worthless additions — like $1.8 billion for a new FBI building, and a payroll tax cut that economists say would only help the richest 20% of Americans.
No one has time for this nonsense.
Some of the blame for this should go to Senate Republicans, who wrote the first draft of the bill. As they were writing it their caucus descended into chaos, with more libertarian members of the party freaking out about giving too much money to people during this crisis (as if it's not our money.)
They needed Trump's political cover to pass something with a huge price tag (which is what the country desperately needs), so the bill they put forward was weak and unacceptable to Democrats. All of that just adds more difficulty to the White House's negotiations at a time when Trump seems most interested in golf, bashing Joe Biden, and destroying TikTok. — Linette Lopez
Twitter flags state-affiliated accounts, but what's the point?
The experiment in social media self-regulation had a couple of interesting developments yesterday.
Twitter says that as part of a mission of "providing people with context so they can make informed decisions about what they see and how they engage," the company will now affix the label "government account" for official government accounts, but not the personal accounts of government officials and lawmakers.
That means the @POTUS account (previously used by President Obama) gets the "government" label, but @realDonaldTrump — the account of far-greater consequence and much bigger audience — will not.
Same thing for Rep. Alexandria Ocasio-Cortez's accounts: @RepAOC with 316,000 followers gets the "government" label, whereas @AOC with 8 million followers does not.
News outlets and the editors and reporters who work for them, such as the Russian government-funded RT and Sputnik, will be labeled "state-affiliated media." — Anthony Fisher
BUSINESS & ECONOMY
Hong Kong's rich are moving gold to Switzerland and Singapore. The outflow began a year ago, as they try to protect themselves from a possible Chinese crackdown.
What time of day should you apply for the job you want? Insider asked recruitment experiments, and the answer is 11 am.
"Cloud Bread" — the fluffy, three-ingredient concoction that's taking over TikTok. It's not really bread, but a meringue with corn starch that can be colored and flavored in wild ways.
Bon Appetit tumult continues, as three Test Kitchen stars leave. All three are people of color, and all were dismayed by the slow pace of change at the food magazine, which has been accused of marginalizing and underpaying its non-white staff.
THE BIG 3*
The US Air Force is developing a hypersonic Air Force One. Aerospace company Hermeus announced a contract to develop the presidential jet, which is intended to fly 3,300 miles per hour. It's at least 10 years from manufacture.
How big was the Beirut explosion? It was much bigger than the largest US conventional bomb, and like a 3.3 earthquake.
Five of the best foods to lower blood sugar and control diabetes. Oatmeal and nuts are on the list, not surprisingly.
*The most popular stories on Insider today.Join the conversation about this story » NOW WATCH: How the Navy's largest hospital ship can help with the coronavirus
With the continuous improvement in bot technology it can be assumed that it will become capable of handling all kinds of things, comprising of something that is as complex as tax.It has its wide application in real estate, media and entertainment, telecom, retail and e-commerce, and others.Increasing user engagement on social media platforms may be considered as the major factor in driving the growth of bot service market.Global Bot Service Market is driven by increasing number of internet users, which is projecting a rise in estimated value from USD 700.28 million in 2018 to an estimated value of USD 6493.73 million by 2026, registering a CAGR of 32.10% in the forecast period of 2019-2026.Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-bot-service-marketCompetitive Analysis: Global Bot Service MarketFew of the major competitors currently working in Global Bot Service Market are Microsoft, IBM Corporation, Google, Facebook, Amazon Web Services, Inc., Nuance Communications, Inc., Aspect Software, Inc., Inbenta Technologies Inc., Creative Virtual Ltd., IPsoft Inc., 7.ai, Inc., CogniCor Technologies, Astute Inc., Next IT Corp., Kore.ai, Inc., Rasa Technologies GmbH, Pypestream, Avaamo, Pandorabots, Inc., LogMeIn, Inc., Artificial Solutions, Chatfuel and Webio.Key Pointers Covered in the Global Bot Service Market Trends and Forecast to 2026Global Bot Service Market New Sales VolumesGlobal Bot Service Market Replacement Sales VolumesGlobal Bot Service Market Installed BaseGlobal Bot Service Market By BrandsGlobal Bot Service Market SizeGlobal Bot Service Market Procedure VolumesGlobal Bot Service Market Product Price AnalysisGlobal Bot Service Market Healthcare OutcomesGlobal Bot Service Market Cost of Care AnalysisGlobal Bot Service Market Regulatory Framework and ChangesGlobal Bot Service Market Prices and Reimbursement AnalysisGlobal Bot Service Market Shares in Different RegionsRecent Developments for Global Bot Service Market CompetitorsGlobal Bot Service Market Upcoming ApplicationsGlobal Bot Service Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-bot-service-marketKey Developments in the Market:In August 2018, HubSpot launched “Conversations”, which is a free platform of Bots, Live Chat, and Team Email to push the fast growing business.In December 2017, A chat Bot has been launched on facebook messenger by the luxury brand Louis Vuitton which has been powered by mode.aiMarket Drivers:Rise in the number of social media users & their engagement on internet across the globe.Rapid technological development within artificial intelligence industry & machine learning drives the demand for this particular market.Market Restraints:The process for deployment of the bots platform is highly dependent which restraints the market.Lack of awareness & knowledge about the bot service is hampering the growth of the market.Inquire Before Buying: https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-bot-service-marketResearch Methodology: Global Industrial Services MarketData collection and base year analysis is done using data collection modules with large sample sizes.
Many social-media influencers earn money online by promoting products to their followers on Instagram.
Katy Bellotte, a YouTube creator and Instagram influencer, broke down how much she earns per sponsored Instagram post.
Bellotte said rates varied based on what the brand is looking for and that, on average, she earns between $2,400 and $5,000 for a sponsored Instagram post.
Subscribe to Business Insider's influencer newsletter: Influencer Dashboard.
Katy Bellotte began her influencer career when she created a YouTube channel at 14 years old on the floor of her parents' bathroom.
"For my 16th birthday, I asked my parents for a tax ID number so I could start earning AdSense," she told Business Insider.
Now, nine years and 477,000 YouTube subscribers later, Bellotte earns money a variety of ways, with brand sponsorships at the top, she said. She earns money by placing ads on her YouTube channel, and promoting products on her Instagram page (176,000 followers) and her podcast "Thick & Thin."
On average, Bellotte earns between $2,400 and $5,000 for a sponsored Instagram post, she said. For an Instagram Story slide, she asks for $500 per frame.
She said it was hard to pin down one exact rate and that, when working with a brand, Bellotte and her manager set a rate depending on the "sponsorship package." A package typically includes one Instagram post, a story, and sometimes a 30- to 60-second mention in a YouTube video, she said.
Bellotte noted that this comes before taxes, which she pays quarterly. She saves 40% of every sponsorship paycheck for taxes, she said.
Recently, advertising revenue for some influencers has taken a hit, as brands cut marketing budgets to save on costs and avoid appearing tone-deaf during the coronavirus pandemic.
Bellotte said that her rates have stayed the same, but now when it comes to brand deals, the pandemic and the Black Lives Matter movement have shifted the way she looks at paid collaborations. Bellotte said that she is taking extra precaution when choosing what companies she wants to endorse.
"The first step to any partnership these days has been to do intense research on the brand," Bellotte said. "Of course I only want to be sponsored by brands and endorse products that I use and like, but then even if I like the product, if the brand itself doesn't have a strong foundation and doesn't have the values that I look for, I don't work with them."
How Bellotte got started on YouTube
Bellotte's first brand sponsorship was with the makeup brand BH Cosmetics. They sent her a $40 eye-shadow palette in exchange for a video promoting the product on her YouTube channel, she said.
"This was back when a brand could ask you to post something in exchange for a product," she said, adding that she thinks influencers today should charge for a video mention and should not accept free products as payment.
Bellotte doesn't reach out to brands, she said. Most sponsorship opportunities come from the brand emailing her or from her manager, Matter Media Group, setting up opportunities for her.
The brand will either say what it wants, and how much it's looking to pay, or pitch a concept. Bellotte and her manager then send back a proposal and cost.
"All of this is facilitated through my management," she said. "I would not be able to handle the workload of this on my own."
Her management receives a 20% cut, she said.
What brands are paying for
In Bellotte's experience, brands pay more for a package than a single post, she said.
She said after she posts the sponsored content to Instagram, the company typically comes back and asks for specific performance metrics, like how many views a story got, or for the impressions on a sponsored Instagram post. She said some brands also asked for "saves," or how many people saved the post to their personal account.
"You'll notice there are some creators out there who are getting smart about this," she said. "Saying, 'To enter my giveaway, you have to save the post and then do X, Y, Z.' Then, when brands ask for the save numbers, they have an inflated number because they'll do things like that."
This article was originally published on October 15 and has been updated to reflect changes in Bellotte's influencer business.
Watch Bellotte walk us through how she built her business using social media in an exclusive webinar:
2 YouTube creators explain how they built their businesses and adapted to the pandemic — and how much money they earn
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Doesn't matter if design was perfected at dawn of humankind, you still have to pay Cupertino tax Apple's $699 Mac Pro Wheel Kit provoked astonishment from the general public, swiftly followed by raucous laughter. Even by Apple's standards, these were a blatant piss-take. Fortunately, there's now an alternative for thrifty punters from Mac accessory biz OWC that costs "just" $199.…
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Rising emphasis on energy discourse and increasing global warming has contributed to energy efficient glass evolving.By Glazing – Segment Analysis The triple glazing segment holds the largest share in the energy efficient glass market in 2019, owing to reduced condensation on pane, significant reduction in noise pollution and higher temperature resistance coefficient (R-value).Replacing the existing glasses with low-e glazing can improve the energy efficiency of the building, reduce the monthly bills and decrease the size of the carbon footprint.Increasing Concern Of Carbon Emission Increasing concerns over sustainability and global carbon emission levels have aided substantial investments by the government of various countries across the world.Although high-efficiency windows generally pay for themselves within three to four years through lower monthly utility bills but upfront costs can be a barrier.In 2019, the market of energy efficient glass has been consolidated by the top five players accounting for xx% of the share.
Tencent's stock fell as much as 10% after Trump issued a vaguely-worded executive order banning US individuals and companies from doing business with its chat app WeChat.
A second order targeted TikTok owner ByteDance.
It was initially clear whether the order targeted Tencent's entire business. Tencent has a big presence in gaming, with stakes in Epic Games, Activision/Blizzard, and Ubisoft.
Tencent's stock recovered slightly after a White House official clarified the order only applied to WeChat.
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Chinese tech giant Tencent's stock fell by as much as 10% Thursday, wiping $45 billion off its market cap, after it was named in a vaguely-worded executive order issued by President Trump.
The order, which goes into effect on September 20, prohibits US citizens and companies from carrying out any "transaction" with Tencent-owned chat app WeChat, although the orders were not precise about what counts as a "transaction."
A second, similar order was targeted at ByteDance, the Chinese firm which owns wildly popular short-form video app TikTok.
The Tencent order stipulated that it applied to: "Any transaction that is related to WeChat by any person, or with respect to any property, subject to the jurisdiction of the United States, with Tencent Holdings Ltd [...] or any subsidiary of that entity.'
The vague wording implied that Tencent's entire business could be impacted, with potentially serious ramifications for the US gaming industry.
As well as owning WeChat, which is extremely prevalent in mainland China, Tencent is also the largest gaming company in the world with stakes in Epic Games, Activision/Blizzard, and Ubisoft, as well as outright owning LA-based games studio Riot Games.
A White House official confirmed to Business Insider late Thursday that the order only applies to transactions relating to WeChat, and not Tencent's wider business.
Nonetheless, it hammered the company's market value. Tencent's stock plummeted as much as 10% after the order was first issued, wiping $45 billion off its market value, Bloomberg reports.
The stock recovered after the clarification, and was down 5% on Friday morning.
At time of writing Tencent's market cap stands at $5 trillion.
Tencent did not immediately respond to a request for comment. ByteDance has threatened to sue the Trump administration over the order, which it says was issued without due process.Join the conversation about this story » NOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first time
TikTok has threatened to sue the Trump administration over Thursday's executive order that bans US citizens and companies from doing business with its Chinese parent company ByteDance.
TikTok responded to the order on Friday, saying it was issued "without any due process."
The executive order prohibits US individuals and companies from making "any transactions" with TikTok's parent company ByteDance. Another order on Thursday targets Tencent-owned WeChat.
Visit Business Insider's homepage for more stories.
TikTok has threatened to sue the Trump administration over the president's executive order banning US companies and individuals from doing business with its parent company ByteDance.
Trump signed the executive order Thursday, claiming the Chinese firm poses a national security risk.
"We are shocked by the recent Executive Order, which was issued without any due process," TikTok said in a statement published Friday.
"For nearly a year, we have sought to engage with the US government in good faith to provide a constructive solution to the concerns that have been expressed. What we encountered instead was that the Administration paid no attention to facts, dictated terms of an agreement without going through standard legal processes, and tried to insert itself into negotiations between private businesses," it added.
TikTok suggested that the executive order was illegal and that it may challenge the diktat in court.
The company said: "We will pursue all remedies available to us in order to ensure that the rule of law is not discarded and that our company and our users are treated fairly – if not by the Administration, then by the US courts."
This week reports emerged that the Trump administration was forcing TikTok to sell off its US business or face a ban. Microsoft has publicly announced its pursuing acquisition talks for TikTok's US, Canada, Australia, and New Zealand business.
TikTok accused the Trump administration of flouting the law by ignoring due process. "This Executive Order risks undermining global businesses' trust in the United States' commitment to the rule of law, which has served as a magnet for investment and spurred decades of American economic growth," it says.
Here's TikTok's response to the order:
"TikTok is a community full of creativity and passion, a home that brings joy to families and meaningful careers to creators. And we are building this platform for the long term. TikTok will be here for many years to come.
"We are shocked by the recent Executive Order, which was issued without any due process. For nearly a year, we have sought to engage with the US government in good faith to provide a constructive solution to the concerns that have been expressed. What we encountered instead was that the Administration paid no attention to facts, dictated terms of an agreement without going through standard legal processes, and tried to insert itself into negotiations between private businesses.
"We made clear our intentions to work with the appropriate officials to devise a solution to benefit our users, creators, partners, employees, and the broader community in the United States. There has been, and continues to be, no due process or adherence to the law. The text of the decision makes it plain that there has been a reliance on unnamed "reports" with no citations, fears that the app "may be" used for misinformation campaigns with no substantiation of such fears, and concerns about the collection of data that is industry standard for thousands of mobile apps around the world. We have made clear that TikTok has never shared user data with the Chinese government, nor censored content at its request. In fact, we make our moderation guidelines and algorithm source code available in our Transparency Center, which is a level of accountability no peer company has committed to. We even expressed our willingness to pursue a full sale of the US business to an American company.
"This Executive Order risks undermining global businesses' trust in the United States' commitment to the rule of law, which has served as a magnet for investment and spurred decades of American economic growth. And it sets a dangerous precedent for the concept of free expression and open markets. We will pursue all remedies available to us in order to ensure that the rule of law is not discarded and that our company and our users are treated fairly – if not by the Administration, then by the US courts.
"We want the 100 million Americans who love our platform because it is your home for expression, entertainment, and connection to know: TikTok has never, and will never, waver in our commitment to you. We prioritize your safety, security, and the trust of our community – always. As TikTok users, creators, partners, and family, you have the right to express your opinions to your elected representatives, including the White House. You have the right to be heard."Join the conversation about this story » NOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first time
In in the summer of 2020, US citizens are edging ever closer to their second major stimulus check in less than a year. This payment was otherwise titled an “Economic Impact Payment” (EIP) by the IRS, and will be sent automatically to most US taxpayers. IF you filed a tax return in 2018, 2019, or are a senior or retiree, … Continue reading
Uber CEO Dara Khosrowshahi slammed labor groups that oppose the company's stance on drivers' employment status, accusing them of being motivated by "politics."
During a call with investors Thursday, Khosrowshahi said groups on Uber's side of the issue, conversely, "actually are taking into account the wants and needs of drivers."
Uber and other gig economy companies are engaged in a massive legal and political battle, most notably in California, over whether their drivers are employees or independent contractors.
The state's regulators have ruled that drivers are employees under its gig worker law and have taken Uber and Lyft to court over the issue, while the companies have pumped $30 million each into a ballot measure that would exempt them from the law.
The stakes are high — analysts said last year that an adverse ruling on the issue could bankrupt Uber and Lyft.
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Uber CEO Dara Khosrowshahi took a shot at labor and driver advocacy groups on Thursday over their stance on drivers' employment status, accusing them of not representing drivers' interests.
During Uber's quarterly earnings call, Khosrowshahi said groups opposing Proposition 22 — the company's ballot measure in California that would permanently make drivers independent contractors — are motivated by "politics."
"We've got terrific supporters [of Proposition 22] in the community as well who actually care about drivers, versus labor unions and politics, they actually are taking into account the wants and needs of drivers," he said.
Labor and driver groups pushed back on Khosrowshahi's comments.
"It is the height of hypocrisy for Uber's rich executives to feign that they care about drivers when they are spending hundreds of millions on a ballot proposition to prevent those workers from receiving the wages, healthcare, and fundamental rights that they have been granted under California law," Transport Workers Union president John Samuelsen told Business Insider.
Carlos Ramos, a driver and organizer for Gig Workers Rising, said: "From my years of organizing with fellow drivers I can unequivocally say that Dara's words do not reflect Uber's actions. They never have. Uber has always attempted to deceive drivers around new policies and procedures, claiming that changes were made in the best interest of drivers."
In California, Uber, Lyft, and other ride-hail and food delivery companies are in the middle of a heated battle over whether drivers are employees or contractors under the state's gig worker law, AB-5, which went into effect this year and raised the bar companies must clear in order to treat workers as contractors.
While the lawmakers behind AB-5 argued it made Uber drivers employees, the companies have refused to reclassify drivers, sparking multiple legal and political battles over the issue.
In June, the state agency responsible for regulating Uber and Lyft ruled that ride-hail drivers are considered employees under AB-5, and a month earlier, a group of attorneys general from the state, Los Angeles, San Francisco, and San Diego sued both companies over their alleged refusal to comply with the law.
On Wednesday, Uber and Lyft got hit with another lawsuit from the state's labor commissioner, who accused them of wage theft by refusing to pay drivers minimum wage, sick pay, unemployment, and other benefits guaranteed to employees under California law.
Unlike employees, contractors aren't guaranteed those same benefits, and companies aren't bound by certain labor regulations around minimum wage payments or subject to payroll taxes for those workers, which feed into programs like unemployment insurance.
But Uber is hoping that Proposition 22, which it introduced last fall along with Lyft, DoorDash, Postmates, and Instacart, will pass in November, allowing drivers to remain classified as contractors and making its legal battles a moot point. The companies have pumped more than $110 million into a group supporting the initiative, with Uber, Lyft, and DoorDash contributing $30 million each.
Khosrowshahi called Proposition 22, which also includes new benefits for drivers such as higher wages and some reimbursement for health insurance and vehicle-related expenses, "the best of both worlds."
But driver groups have slammed the companies' proposal, saying it shortchanges drivers by not fully accounting for the actual work they do and the costs they incur. For example, under Proposition 22, drivers would not be paid for the time they spend waiting to get matched with a rider, and they would be reimbursed only $0.30 per mile (the IRS per-mile rate for business-related travel is 57.5 cents, by comparison).
Both Uber and driver groups claim that drivers are on their side with regards to the initiative. Khosrowshahi said the "vast majority of drivers" support it, while Ramos said "tens of thousands of drivers are organizing against" it.
The stakes are undoubtedly high for both drivers and the companies. When AB-5 passed last year, analysts at Barclays concluded that having to reclassify drivers as employees in California alone could cost Uber and Lyft an additional $3,63 per driver.
"We think an adverse ruling on the contract workforce issue would potentially bankrupt both Uber and Lyft," they concluded.Join the conversation about this story » NOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first time
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Forbes estimated that Addison Rae Easterling had made over $5 million from her TikTok career in the past year, in a new report on the top earners on TikTok.
Charli D'Amelio was not far behind, with Forbes estimating she made over $4 million.
Forbes reported the estimated earnings for seven top TikTok stars, each bringing in one million dollars or more in pre-tax income.
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Charli D'Amelio has the most TikTok followers, but it's Addison Rae Easterling who makes the most money, according to Forbes.
In a new report on the top-earning TikTok stars, Forbes estimated that the seven top TikTokers, including Easterling and D'Amelio, brought in over one million dollars in the last year.
Forbes estimated that Easterling made over $5 million, making her the highest-earning TikTok star right now. Trailing not too far behind was Charli D'Amelio, making an estimated $4 million. The two are the most followed creators on the video app, with D'Amelio's following now over 76 million and Easterling's at over 54 million.
Both Easterling and D'Amelio started posting to TikTok in 2019 and quickly rose to fame. After three months of posting videos, Easterling hit over one million followers on the app.
"I remember that's when it changed for me," Easterling told Business Insider earlier this year. "I knew I wanted to take it more seriously and expand it to other platforms. I uploaded a video to YouTube and got really active on Instagram."
D'Amelio and Easterling joined the TikTok group Hype House as original members in early 2020, as did Charli's sister Dixie D'Amelio, who ranks No. 3 on Forbes' list at $2.9 million. The D'Amelios have formally left the group since.
In March of 2020, D'Amelio became the most followed creator on the app, surpassing Loren Gray and Easterling. Gray appears on the Forbes list at No. 4, with $2.6 million.
Both Easterling and D'Amelio have launched their own cosmetics products: Item Beauty (a new makeup line created by Easterling and Madeby Collective) and Morphe 2 (a collaboration between Charli and Dixie D'Amelio aimed at Gen Z). They have also partnered with brands like American Eagle and Hollister, as well as launching merchandise collections on their own.
The other top-earning TikTok stars on Forbes' list were Josh Richards ($1.5 million), Michael Le ($1.2 million), and Spencer X ($1.2 million).
Forbes' report estimated these seven TikTok stars' pre-tax earnings between June 30, 2019 and June 30, 2020.
"To estimate what they made, we talked to the influencers themselves, agents, managers, marketers and investors," Forbes said.
To read more about how TikTok stars are making money, check out these other recent Business Insider stories:
TikTok influencers say they're making tens of thousands of dollars by promoting apps in videos: 'There's not really a limit on how much you can earn'
TikTok influencers are getting paid thousands of dollars to promote songs, as the app becomes a major force in the music industry
How a clothing reseller used TikTok to double her sales to over $7,000 per month on the social shopping app Depop
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The leader is Global Talent Mobility, Topia has announced a new name and identity for Monaeo Enterprise Edition, which was recently acquired by the firm.The new identity is Topia Compass.This new name is for the purpose of creating a brand consistency within the wider product suite of Topia that also reflects the extended values as a part of the family of Topia and integrated applications.Companies will be able to navigate the landscape of compliance management encountered when harnessing distributed workforce and business travel, by using Topia Compass.This compliance management will prove to be useful now more than ever since firms are embracing remote as well as distributed workforce during the ongoing global Coronavirus pandemic.Topia Compass Delivers Distributed Workforce Compliance ManagementNishant Mittal, co-founder of Monaeo and now SVP & GM, Business Travel at Topia stated that the addition of Monaeo to the product suite of Topia is solving quite a critical need that is not met in the market which is of bringing together legacy talent mobility with the remote workforce and business travel that are of dynamic nature.Topia Compass will continue to be made available to clients as an independent solution or as a part of the broader suite of products of Topia, powered by the Topia One platform, inclusive of –Topia Compass – Business Travel and Distributed Workforce Tax, Immigration, Payroll along other Cross-border Compliance Management.Topia Go – Location Discovery and Command Center for Mobile EmployeesTopia Pay – Compliance Automation and Payroll DeliveryTopia Manage – Global Talent Mobility Delivery, Analytics, and AutomationsTopia Plan – Financial Planning and Interactive Move SimulationShawn Farschi, CEO of Topia stated that in present times, distributed employees, especially since the arrival of the pandemic, firms need modern solutions for keeping their employees safe as well as ensuring that they remain compliant across the regulatory landscape.Follow hrtechcube for more such hrtech news and related information.For more such Updates follow us on Google News Hrtech News
The global bubble wrap packaging market is expected to grow at a rapid pace during the forecast period due to a number of key factors.In a study, Market Research Future (MRFR) identifies the growing use of eco-friendly materials in roofing, the development of energy efficient cool roofs, and the burgeoning demand for a new generation single ply tech to be some of the key factors driving the growth of the global market.The report further states that the global market for roofing materials is expected to garner a CAGR of 3% during the forecast period between 2016 and 2023.At present, the market is increasing primarily due to the expanding construction industry across the world.Furthermore, the burgeoning Foreign Direct Investments in the construction sector of emerging countries and favorable government regulations and policies are some of the other fueling factors of the market.Governments are even seen taking measures to promote and develop the infrastructure and construction industries.The emerging countries in various regions are bringing forward various reforms and regulations to accelerate the growth of the market.