Two theater production companies are suing UBS, accusing the bank of negligence that permitted fraudsters to allegedly swindle them out of the $3.5 million they had raised to mount two Broadway musicals. The companies — Player to be Named Later and Smokey Joe’s Café Broadway Revival — accuse UBS of breach of fiduciary duty and […]
Archives for 2020
The PPP Loan Forgiveness Application
On Friday, May 15, 2020, the U.S. Small Business Administration, along with the Department of the Treasury released the Paycheck Protection Program (PPP) Loan Forgiveness Application. The form, which includes instructions, along with a list of documents that must be submitted with the application, relates to applications of forgiveness of PPP loans, consistent with the […]
Netflix to start automatically cancelling inactive accounts
Netflix said on Thursday it will ask customers who have not watched anything on its platform for a year whether they want to keep their membership and automatically cancel the subscription if they don’t receive any confirmation. The streaming service said it will also reach out to customers who haven’t streamed anything in more than […]
John Moret: What Carey judgment means for SIPPs
What a difference a couple of weeks can make. In my last article I asked just what is “fair and reasonable” in the context of recent Financial Ombudsman’s (FoS) determinations relating to SIPPs and specifically referred to one recent decision involving Liberty SIPP Limited. I highlighted three aspects: The differing roles and views of FoS […]
Why are some smart home businesses ‘bricking’ customers’ devices?
Wink recently gave its customers a two-day deadline to pay a subscription for its services or have them ‘bricked’, digitally blocked. Mark Samuel (MS), CEO of Ezlo Innovation, believes that not only is the “buy a subscription or we brick your device” model the wrong way to treat customers, it is also the wrong revenue […]
5 Online Resume Builder Websites – Review & Features
Online Resume Builder – Resume and Curriculum vitae (CV) are well-known words when it comes to searching for new jobs. When it comes to applying for a job you need to submit or showcase your resume. Your resume is the first impression to the employer. It does not matter how qualified you are, or how much […]
Amazon’s first major video game is here after several false starts
By Priya Anand and Olga Kharif Amazon faces a crucial test on Wednesday with the release of its first original big-budget video game. The reception from homebound gamers will signal whether the company can become a force in a $159-billion global industry dominated by the likes of Microsoft and Activision Blizzard. Crucible is a free-to-play […]
TikTok owner is world’s most valuable startup at over $100 billion in private markets
Illustration: Rahul Awasthi By Lulu Yilun Chen, Vinicy Chan, Katie Roof and Zheping Huang ByteDance’s valuation has risen at least a third to more than $100 billion in recent private share transactions, people familiar with the matter said, reflecting expectations the owner of video phenom TikTok will keep pulling in advertisers. Stock in the world’s […]
ETtech Top 5: Home delivery of booze, Amazon’s food ordering biz, making money online
Happy Thursday! India has the lowest density of liquor shops in the non-Islamic world. And when the government decided to reopen liquor vends following a 40-day shutdown, there was chaos, to say the least. Liquor retail outlets across the country have always attracted massive crowds. Before India went into lockdown, a few companies that had […]
PPP Forgiveness Calculation: Process & Example
Want to know how much of your PPP loan is eligible for forgiveness? Thanks to the SBA’s release of the Loan Forgiveness Application, you can now do the PPP forgiveness calculation for your loan amount. Whether you’re ready to submit a PPP loan forgiveness request today or just want to get a ballpark figure, read […]