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Sam Bankman-Fried , Speaks Out After Sentencing.<br/>The former FTX CEO was sentenced <br/>to 25 years in prison on March 28.<br/>He was previously convicted of fraud, conspiracy and money laundering.<br/>In an exclusive interview with ABC News, <br/>the 32-year-old exhibited remorse for his actions, saying, \
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Home Depot is acquiring specialty distributor SRS Distribution for $18.25 billion to grow its professional customer sales. SRS sells supplies to landscaping, pool, and roofing professionals through 760 branches across 47 US states. The deal adds SRS' 11,000 employees and 4,000 truck fleet to Home Depot's offerings for contractor customers. Home Depot aims to attract over half its business from professional customers undertaking major projects. Recent acquisitions like HD Supply and International Designs Group also target the professional segment.
⏲ 0:47 👁 2.7M
Watch the cozy announcement teaser trailer for inKONBINI: One Store. Many Stories, an upcoming narrative adventure simulation game where you take on the role of a convenience store clerk in early 1990s Japan. The trailer gives a peek at gameplay as you organize store shelves, attend to a customer on a rainy evening, and more. inKONBINI will be available in early 2025 on PC, Mac, Xbox Series X/S, PS5 (Playstation 5), and Nintendo Switch.<br/><br/>inKONBINI offers a meditative, slice-of-life experience centered around a small-town convenience store and the lives of its customers. It’s the summer of 1993. Makoto Hayakawa is taking a break from her studies to spend a week behind the counter in her aunt’s konbini. Stocking up goods and ordering deliveries are going to be a part of Makoto’s daily routine, but the heart and soul of the game is dialogue interaction with a diverse cast of characters she will meet and befriend.<br/>
⏲ 1:4 👁 35K
A WalletHub survey found that nearly 75% of people think the tipping culture in the US has gotten out of control. Over half of respondents believe businesses are replacing employee salaries with customer tips. Seventy-eight percent of those surveyed said automatic service charges should be banned. Previous USA Today research found over 60% feel too many places ask for tips and nearly 50% are tired of being asked. Human Rights Watch reports that tipped workers in states that have abolished the subminimum wage experience higher income, reduced job harassment, and a lower incidence of poverty.
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Website owners<br/>that are trying to gain top search engine results, no matter if your site is about furniture, \
⏲ 5:10 👁 30K
AT&T Confirms Data Breach , Affected 73 Million Customers.<br/>73 million current and former <br/>AT&T customers have had their sensitive <br/>data compromised in a hack that some outlets <br/>say dates back to 2021, Gizmodo reports.<br/>The data, which includes social security numbers, email addresses, birthdates, phone numbers and AT&T account information, .<br/>was located two weeks ago in a data <br/>set released on the dark web.<br/>It's not clear if it was AT&T's systems that were breached or if the information was stolen from one of the company's vendors.<br/>Currently, AT&T does not have evidence <br/>of unauthorized access to its systems <br/>resulting in exfiltration of the data set, AT&T, via statement.<br/>The company is communicating <br/>proactively with those impacted and <br/>will be offering credit monitoring at <br/>our expense where applicable, AT&T, via statement.<br/>As a precaution, AT&T has reset the <br/>passcodes of its current customers. .<br/>The company will be reaching out to customers whose information has been compromised. .<br/>AT&T advises those who are worried about their accounts to monitor activity and credit reports.
⏲ 1:30 👁 695K
Mercedes-Benz will pursue a differentiated strategic approach with its vans in the future. As presented last year (2023), the company is aiming for a premium strategy for its commercial vans. In the future, a focused luxury strategy will apply to all newly developed, privately positioned vans, as is the case for all Mercedes‑Benz passenger cars. The aim is to fully implement this strategic change with the introduction of the upcoming modular and scalable Van Electric Architecture – VAN.EA for short – from 2026. The new private midsize vans EQV and V-Class are an important milestone on this path. Both are further elevated with new exterior and interior designs. There is also an increase in comfort and safety, especially thanks to more intelligent, digital networking. The models have been available to order from Mercedes‑Benz sales partners and online since January 2024. The standard equipment has been comprehensively upgraded and thereby tailored more precisely to customer requirements. The new V-Class starts at a list price of 59,470.25 euros[1], the new EQV from 75,281.78 euros. The new V-Class also forms the basis for the V-Class Marco Polo camper van, which is offered ex factory. It starts at 80,004.89 euros1 and adopts the model's attractiveness almost completely.
⏲ 2:16 👁 25K
An American-style diner with a twist is welcoming customers this Good Friday, promising sass, fun and a whole lot of pink. The menu features fast-food classics, such as burgers and milkshakes, but it definitely isn't your usual restaurant - with guests served by 'fabulous' drag queens.<br/><br/>Ahead of the grand opening on Friday (March 29), I headed down to Victoria Street, for a sneak peek of Liverpool's sassiest newcomer, Dorothy's Diner. Based in the heart of the Pride Quarter, the new diner is right next to the likes of OMG and Slug & Lettuce, in a rather grand building. It isn't hard to miss, with big signs and large doormat donning the 'Dorothy's' name. <br/>
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The LBX is the smallest model in the Lexus range and the luxury lifestyle brand’s first B-segment SUV, helping Lexus to expand its range to meet the needs of a diverse and growing customer base.<br/><br/>The two-grade LBX range opens from $47,550 plus on-road costs for the LBX Luxury 2WD, providing strong value thanks to its highly specified standard equipment.<br/><br/>Luxury grade is identifiable by 18-inch alloy wheels with a mixed dark grey and bright machined finish, LED headlamps with Adaptive High-beam System, rear spoiler and privacy glass, and a two-tone body finish including a black roof.<br/><br/>Inside, the LBX Luxury has black NuLux®7 upholstery for the seats, steering wheel, door and instrument panel trim, front and rear carpet floor mats, heated front seats, dual-zone climate control with remote function, Qi wireless phone charging pad, auto-dimming rearview mirror, ambient interior lighting, smart entry & start and a powered tailgate.<br/><br/>Multimedia connectivity is enabled by a 9.8-inch touchscreen display with satellite navigation, paired with a six-speaker Panasonic audio system compatible with wireless Apple CarPlay® and wireless Android Auto™. Three front and two rear USB-C ports as well as front and rear 12V accessory sockets provide extra connectivity and charging options.<br/><br/>The Lexus Safety System+ provides a comprehensive suite of safety features, which is designed to help provide protection for drivers, passengers, and other road users.<br/><br/>Sports Luxury grade is differentiated from the outside by unique black 18-inch alloy wheels and a unique ornamentation film on the rear pillar which combines thin strips of gloss and non-gloss finish to create a stylish geometric expression.
⏲ 2:48 👁 25K
IBM, a giant in the technology industry, has indeed faced challenges with sales forecasts in the past. One notable incident occurred in 2015 when IBM made a significant downward revision to its sales forecast. The company had initially projected earnings per share of $20 by 2015, a goal set by then-CEO Ginni Rometty. However, as the company faced difficulties in adapting to changes in the technology landscape, including the shift towards cloud computing and away from traditional hardware and software sales, IBM had to revise its forecast multiple times.<br/><br/>In October 2014, IBM reduced its earnings forecast for 2015 to a range of $15.75 to $16.50 per share, marking a substantial reduction from its earlier target. This adjustment reflected the challenges IBM was encountering in its transition to cloud-based services and other strategic shifts. The market reacted negatively to these revisions, causing IBM's stock price to decline.<br/><br/>This incident highlighted the difficulties that even industry leaders like IBM can face in accurately forecasting sales and adapting to rapidly changing market dynamics. It also underscored the importance for companies to stay agile and innovative in responding to technological shifts and evolving customer preferences.
⏲ 3:21 👁 45K
In financial modeling, the costs of being wrong can be significant and can impact various aspects of a business. Here are some potential consequences:<br/><br/>Misallocation of Resources: If financial models are inaccurate, it can lead to misallocation of resources. For example, if a company overestimates future sales, it may invest too much in production capacity, inventory, or marketing, leading to excess costs and reduced profitability. Conversely, underestimating sales may result in lost opportunities for growth.<br/><br/>Strategic Errors: Financial models often inform strategic decisions such as pricing strategies, product development initiatives, or expansion plans. If these models are flawed, it can lead to strategic errors that may harm the company's competitiveness or long-term viability.<br/><br/>Impact on Investor Confidence: Investors rely on financial models to assess the performance and valuation of companies. Inaccurate or unreliable financial projections can erode investor confidence and lead to reduced access to capital or higher borrowing costs.<br/><br/>Regulatory Compliance Issues: Inaccurate financial reporting resulting from flawed financial models can lead to regulatory compliance issues and potential penalties from regulatory authorities. This can damage the company's reputation and lead to legal liabilities.<br/><br/>Loss of Stakeholder Trust: Inaccurate financial models can undermine trust and credibility with stakeholders such as customers, suppliers, employees, and partners. This can have long-lasting consequences on relationships and business partnerships.<br/><br/>Operational Disruptions: Inaccurate financial forecasts can lead to operational disruptions, such as inventory shortages or production bottlenecks, if the company fails to adequately plan for future demand or supply needs.<br/><br/>Wasted Time and Effort: Developing and maintaining financial models requires significant time, effort, and resources. If these models are inaccurate or unreliable, it can result in wasted time and effort spent on troubleshooting, revising, or rebuilding the models.<br/><br/>Missed Opportunities: Inaccurate financial forecasts may cause companies to miss opportunities for growth, innovation, or cost savings. For example, if a company underestimates future demand for a product, it may fail to invest in sufficient production capacity or miss out on opportunities to capture market share.<br/><br/>To mitigate the costs of being wrong in financial modeling, companies should invest in robust data analysis, model validation, and scenario analysis. They should also foster a culture of transparency, accountability, and continuous improvement to ensure that financial models are regularly reviewed, updated, and refined to reflect changing market conditions and business dynamics. Additionally, companies should seek input from various stakeholders and subject matter experts to improve the accuracy and reliability of their financial models.
⏲ 4:19 👁 35K
After Hong Kong passed a new national security law that targets political dissent, more liberal-minded bookstores are being forced to close. Owners and customers see their freedom of expression curtailed.
⏲ 3:13 👁 20K
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