Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as it seeks to cash in on high demand for booze during the country’s coronavirus lockdown. Zomato has already diversified into grocery deliveries as the restrictions on movement shuttered some restaurants and people hesitated to order […]
Archives for 2020
AICPA supports bill that would make PPP-funded expenses deductible
Legislation introduced in the Senate on Tuesday would overrule an IRS notice and clarify that ordinary expenses funded by Paycheck Protection Program (PPP) loans are deductible by taxpayers. The bill, the Small Business Expenses Protection Act of 2020, S. 3612, is currently in the Senate Finance Committee and is supported by the AICPA. The PPP […]
And Now…We Nest!
After the 9/11 attack, and partly as a result of the recession that was already underway before the event itself, the American consumer decided to stay home more. And staying home more led to a desire to improve the home. Or build a better home. Or repaint and refurnish the home. Or plan additions to […]
Ken Griffin’s shutdown playbook kept him on top of markets
It took a thousand extra servers, new trenches for fiber-optic lines and a bunch of rooms at the Four Seasons resort in Palm Beach, Florida, for one of the world’s biggest trading shops to cope with the pandemic — all accomplished in less than a week. That’s part of how billionaire Ken Griffin’s Citadel Securities […]
ETtech Top 5: General Atlantic bets on India, rural areas drive internet usage & more
Hello everyone! India’s startup ecosystem is reeling under the government’s latest foreign direct investment norms which prohibit automatic routing of Chinese capital. But the move may have made it easy for others. Private equity firm General Atlantic is finally vying for consumer technology and early-stage startups in India. This is vastly different from its approach […]
ETtech Top 5: General Atlantic bets on India, rural areas drive internet usage & more
Hello everyone! India’s startup ecosystem is reeling under the government’s latest foreign direct investment norms which prohibit automatic routing of Chinese capital. But the move may have made it easy for others. Private equity firm General Atlantic is finally vying for consumer technology and early-stage startups in India. This is vastly different from its approach […]
Fairstone to acquire 2 more advice firms
Chartered Financial Planner Fairstone is to acquire two more financial advice firms – making a total of four deals announced in the past month. The latest deals add more than 720 clients and 16 advisers and support staff plus gross fee income of over £1.5m and Funds Under Management of £200m. The new acquisitions are Brantwood […]
Using Coronavirus-Related Distributions To Reduce The Tax Impact Of Distributions From Retirement Accounts
Executive Summary In response to the COVID-19 global pandemic, the US Senate passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act last month. A more than $2 trillion emergency fiscal stimulus package, the CARES Act was enacted to help ease the effects of the resulting economic damage caused by the pandemic by providing a […]
Innovation in private networking: Set up and change bandwidth and duration on the fly
Data runs at Gigabit rates on the IPX (IP eXchange) backbone network; it doesn’t touch the public internet, so it’s totally secure, says Bob Emmerson, freelance technology writer. Bob looks at private networking ahead of next week’s webinar, “Why Wait for 5G? How Private LTE Solves Enterprise Connectivity Challenges, Now“. IPX doesn’t compete with the […]
Amazon starts offering free mobile gaming content to Prime members
Amazon India has started offering mobile gaming content to Prime members in India, including in-game content and Prime-only tournaments across various mobile games. At launch, the e-commerce giant is offering content like collectible characters, upgrades and in-game currency from popular local and International mobile games like Mobile Legends: Bang Bang, Mafia City, World Cricket Championship, […]