Social Financial News
12.05 / 00:45
markets
Target
NIC
Aware
Food
social
innovations
NOT
D2C space: Investments in "not my parents' brands" are #trending
D2C) space are following a new thesis for placing their bets: to back young brands that focus on Gen Z (those born between 1997-2012) and have nothing to do with incumbent brands popular among older consumers. At Titan Capital run by Snapdeal cofounders Kunal Bahl and Rohit Bansal, this unwritten investment thesis has a name — «not my parents' brand». Several such brands have emerged over the past few years across food and beverages, home furnishing, fashion and footwear, oral care, and luggage, including Perfora, Mokobara, Nasher Miles, Wakefit, SleepyCat, Hocco and NIC. This phenomenon of not using parents' brands is visible in even sectors such as automotive and smartphones, Bahl said. «Consumers are increasingly gravitating towards new-generation EV brands, motivated not only by environmental concerns but also by a desire to differentiate themselves from their parents' preferences,» he told ET.
11.05 / 18:51
Citi
Provident
Waters
Extreme
social
donates
Schools
Brazil: Flooding forecast to worsen in Rio Grande do Sul state, where many who remain are poor
Eldorado do Sul: More heavy rain is forecast for Brazil’s already flooded Rio Grande do Sul state, where many of those remaining are poor people with limited ability to move to less dangerous areas. More than 15 centimeters (nearly 6 inches) of rain could fall over the weekend and will probably worsen flooding, according to the Friday afternoon bulletin from Brazil’s national meteorology institute. It said there is also a high likelihood that winds will intensify and water levels rise in the Patos lagoon next to the state capital, Porto Alegre, and the surrounding area.
11.05 / 18:17
Citi
FIVE
wellness
President
social
evacuation
Russia claims gains in ground offensive in Ukraine's Kharkiv region
Russia on Saturday said it had captured five villages in Ukraine's northeastern Kharkiv region during a surprise ground offensive that prompted mass evacuations, as President Volodymyr Zelensky made an urgent call for military aid. Moscow's defence ministry said its troops had «liberated» five villages in Ukraine's Kharkiv region near the Russian border — Borysivka, Ogirtseve, Pletenivka, Pylna and Strilecha — as well as taking one village in the Donetsk region. Ukraine's defence ministry said Friday Russia had launched a surprise attack on the Kharkiv region, making small advances into a border zone from where it had been pushed back nearly two years ago.
11.05 / 18:17
FIVE
Waters
Platform
Election
social
testing
Munger to test Nitish Kumar's hold on OBCs, especially own caste Kurmi
Munger Lok Sabha seat is all set to test the popularity of chief minister Nitish Kumar among the OBCs, particularly his own caste Kurmi. Reason: Opposition RJD has fielded a strong OBC candidate here in Anita Devi, wife of convicted criminal Ashok Mahto. Mahto is a Kurmi and Devi a Dhanuk. Dhanuk and Kurmi are a socio-politically united combination. Now, out of the five assembly seats under the present Munger Lok Sabha seat, two — Barh and Mokama — were part of the erstwhile Barh Lok Sabha constituency represented by Nitish Kumar for five terms in the past.
11.05 / 12:11
UPS
track
social
rapper
rap
shock
Kendrick vs Drake: A savage lyrical brawl
Degrassi, Drake is by far the most commercially dominant contemporary rapper, holding the record for the most No.1 hits on the Billboard Hot 100 (he’s tied with Michael Jackson). But his pop-leaning tendencies, use of ghostwriters, and perceived inauthenticity mean that hip-hop traditionalists have always been a little leery of him. Kendrick, a Pulitzer-prize winner from Compton’s mean streets, is the socially conscious alternative, a lyrical genius whose songs soundtracked the 2015 Black Lives Matter protests and explore themes like systemic anti-blackness and generational trauma.
11.05 / 09:29
11.05 / 08:19
Twitter
Man
Platform
Apple
Research
social
reports
Elon Musk’s X is especially vulnerable to an ad boycott
Elon Musk has a way with viral slogans. At a New York Times event on November 29th the world’s richest man was asked how he felt about firms pulling ads from X, the social network he bought last year when it was known as Twitter. “If somebody’s going to try to blackmail me," he replied, “go fuck yourself." The “GFY" approach, as he dubbed it, may come naturally to billionaires.
11.05 / 05:59
UPS
security
wellness
show
social
Traffic
China consumer inflation rises, factory price drop continues
China General Chamber of Commerce showed that average order values contracted by the most in nine months, even though total sales expanded as customer traffic grew during the Labor Day holiday. The latest data showed “economic momentum and social demand have continued to recover," said Bruce Pang, chief economist for Greater China at Jones Lang LaSalle Inc.
11.05 / 05:37
Hollywood
UPS
Apple
film
show
social
Videos
Hollywood Con Queen on Apple TV+: Valuable money lessons to learn from the documentary
We put so much of our lives out on social media without a thought isn’t it? We share our work, our successes, our moments of happiness on social media because that’s what everyone does. We even share our vulnerable moments, our sadness as well. Nothing wrong with that, you say?
11.05 / 04:53
UPS
Provident
BLOCK
WhatsApp
social
pop
Cyber
Scam alert: Bengaluru techie reveals new cyber fraud trick, warns how criminals send SMSes to steal money
money was deposited into your bank account? Be cautious, as this could be a scheme by cybercriminals aiming to take your money. A techie from Bengaluru has recently took to social media to share such an incident. Aditi, a tech entrepreneur based in Bengaluru, shared in a detailed post on X (formerly known as Twitter) how she narrowly avoided falling prey to a new financial scam. The scam involves using deceptive SMS messages to cause confusion and steal money.
11.05 / 04:35
security
Election
wellness
Bill
social
recommendations
America's debt tops $34 trillion, but commission to address it looks dead in Congress
A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges
11.05 / 03:19
Art
CEO
Apple
beautiful
social
Videos
‘Sad and ignorant,’ Hrithik Roshan criticises Apple's new iPad Pro ad
iPad Pro through a creative advertisement, which depicted the destruction of various artistic objects to herald the arrival of the ultra-thin iPad. In the advertisement video, a giant industrial press can be seen crushing a range of creative instruments, including pianos, old-model TVs, guitars, toys, and whatnot. Viewers can see Apple's ultra-thin iPad, which was created after the destruction of all the instruments.
11.05 / 02:47
Booking
Aware
wellness
Instagram
social
patient
Interviews
Madhumita Murgia on the good, bad and wonder of artificial intelligence
Financial Times, tries to answer in her book Code Dependent: Living in the Shadow of AI through 10 stories of individuals whose lives have been affected by AI and AI systems. These stories from across the world look at everyone from gig workers (systematically underpaid and undercut by AI algorithms) to doctors and activists (who are profiled using facial recognition AI). In India, we learn about a doctor using an AI app to analyse patient X-rays and estimate the risk of tuberculosis.
11.05 / 02:29
Provident
WhatsApp
social
information
Courts
Anjuman hopeful of relief for Mirwaiz Umar Farooq from J&K High Court
Mirwaiz Umar Farooq from addressing Friday congregation in historic Jama Masjid in downtown Srinagar. The Anjuman Auqaf, which runs affairs of Jama Masjid, informed that Mirwaiz was not allowed to offer Friday prayers for the second consecutive week. Anjuman hoped that the hearing of the Mirwaiz’s case for “complete release” from house arrest in the J&K High Court, slated for May 25, will provide the relief that people are eagerly awaiting. “Infact Mirwaiz’s movement has been completely curbed since last Friday while journalists or media persons are barred from meeting him,” Anjuman informed. The Anjuman further stated that this repeated detention of the religious head, especially keeping him away from Jama Masjid on Fridays is «very disturbing and upsets the people deeply.» “But in the present times it has to be borne with patience,” read the Anjuman statement.
11.05 / 00:22
Platform
social
reports
Department
Videos
Relationships
International
PR executive reportedly departs China's Baidu after comments glorifying overwork draw backlash
A top Baidu public relations executive has reportedly departed the Chinese technology company after she drew public outcry over comments that were seen as glorifying a culture of overwork
11.05 / 00:21
Target
Food
community
Pride
social
reports
rights
Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash
Target confirmed that it won’t be carrying its LGBTQ+ merchandise for Pride month in June in some stores after the discount retailer received a backlash last year for its assortment
11.05 / 00:21
Twitter
BLOCK
Platform
Justice
social
Courts
Videos
Australian
Australian judge extends ban on X sharing video of Sydney bishop's stabbing
An Australian judge has extended a ban on social media platform X allowing videos of the stabbing of a Sydney bishop in his church last month after government lawyers condemned the company's free speech argument for keeping the graphic images circulating
11.05 / 00:21
markets
UPS
BLOCK
social
reports
Department
International
New York's legal weed program plagued by inexperienced leaders, report finds
New York’s legal cannabis market has been hampered by inexperienced leaders who treated the state licensing agency like a “mission-driven” startup rather than a government office, according to an internal review
11.05 / 00:21
Waters
CEO
Tesla
Banner
social
gatherings
prevention
Police prevent environmental activists from storming Tesla factory in Germany
German police say they have prevented hundreds of demonstrators from storming Tesla’s factory near Berlin during protests against the pioneering electric car maker over its environmental footprint
10.05 / 20:05
Election
President
Justice
show
social
stars
Trump hush money judge urges prosecutors to rein in Michael Cohen
judge overseeing Donald Trump's criminal trial on Friday urged prosecutors to tell the former U.S. president's estranged former lawyer and fixer Michael Cohen to stop making public statements about the case before his expected testimony next week. Todd Blanche, Trump's defense lawyer in the case stemming from hush money paid to a porn star, said Cohen, the star prosecution witness, had spoken on social media on Wednesday while wearing a T-shirt showing Trump, the Republican presidential candidate, behind bars.
10.05 / 20:05
markets
WhatsApp
country
social
Irdai directs cos to meet social sector obligations
insurance for all by 2047, the sector regulator Irdai on Friday issued a master circular directing life and non-life players to do a certain percentage of business compulsorily towards meeting rural, social sector and motor third-party obligations. All life insurers shall ensure a minimum percentage of lives in identified and allocated gram panchayat, the master circular on rural, social sector and motor third party obligation said. The Life Insurance Council, in consultation with the Ministry of Panchayati Raj, will identify gram panchayat for fulfilling rural sector obligations, it added.
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