A majority of business leaders in enterprises worldwide are unable to use data to make strategic business decisions, according to Salesforce’s Untapped Data Research. Credit: iStock/gorodenkoff Enterprises worldwide are not tapping the potential of their data when making critical business decisions and navigating uncertain macroeconomic conditions, according to a Salesforce survey. Nearly 67% of 10,000 business leaders polled globally are not using data to set pricing in line with economic conditions such as inflation, according to the Untapped Data Research survey. Only 29% of these leaders are using data to set strategy when launching products or services in new markets, and just 17% are using data to achieve their climate goals, according to the survey. Just 21% of the survey respondents said they are using data to make decisions about their company’s diversity goals. The lack of data utilization is happening even though 80% of the leaders said that data is critical to decision making and 73% said that data reduces uncertainties. The business leaders who were polled also believe that data can help generate more efficiency and trust in their organizations if leveraged correctly, according to the survey. Nearly 72% of these leaders said that data keeps people […]

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Amazon’s Small Business Academy gives early-stage entrepreneurs and small business owners the tools, resources, and networking opportunities to help grow their businesses online. As part of our ongoing commitment to small business success, we’re introducing an expanded Amazon Small Business Academy (ASBA) that includes a suite of free, interactive resources to help support entrepreneurs from concept to launch and beyond. ASBA offers access to foundational business education and industry experts that will help aspiring and current small business owners accelerate their success in launching a digital business. The new ASBA experience features three self-service educational tracks—Start, Build, and Launch—for a customizable experience based on where entrepreneurs are in their business journey. The new curriculum addresses both the business fundamentals and soft skills small business owners need to build self-reliance, confidence, and perseverance. The program was designed in partnership with the Collegiate Entrepreneurs’ Organization (CEO), the premier entrepreneurship network with over 250 chapters on university campuses across the globe. In addition to informing ASBA’s curriculum, CEO’s bench of experts—including professors and small business owners in residence—will participate in live weekly “office hours” as a supplement to educational webinars and on-demand learning. “Starting a business is a leap of faith and […]

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Community Tampa Bay celebrates history of Black fraternities, sororities while exposing members to NHL TAMPA — Bonnie G. Belford went somewhere Tuesday she and several of her sorority sisters never imagined they would: A Tampa Bay Lightning game. "This is awesome," said Belford, president of a local chapter of Zeta Phi Beta sorority. "I probably never would have come to a hockey game without this, and as a result I may come to another hockey game." Belford was among more than 225 Black sorority and fraternity members who attended the first event by the Lightning and NHL that honored the Divine Nine, the nine Black Greek letter fraternities and sororities, at Amalie Arena. The organizations were founded to uplift and provide fellowship and have been at the forefront in the drives for voting rights, civil rights, equal rights, and economic and educational advancement for Black Americans and other underserved in communities in the United States and worldwide for more than a century. The organizations are Alpha Kappa Alpha sorority, Alpha Kappa Psi fraternity, Delta Sigma Theta sorority, Iota Phi Theta fraternity, Kappa Alpha Psi fraternity, Omega Psi Phi fraternity, Phi Beta Sigma fraternity, Sigma Gamma Rho sorority and Zeta […]

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Cloud services and content delivery network (CDN) operator Akamai Technologies Inc. (NASDAQ: AKAM) saw its stock plunge over 10% on its Q4 2022 earnings release. The Company operates one of the world’s largest CDNs. It delivers massive amounts of web content with speed, performance, and reliability for some of the world’s most extensive streaming , technology, and media companies. They are the CDN for streaming video giant Netflix Inc. (NASDAQ: NFLX) , Apple Inc. (NASDAQ: AAPL) , Microsoft Co. (NASDAQ: MSFT) , International Business Machines Co. (NYSE: IBM) , and Adobe Inc. (NASDAQ: ADBE) . With over 300,000 servers spread over 135 countries, it’s expanded its core services beyond just a CDN. It provides various cloud services , including cybersecurity, web performance optimization, media delivery, and edge computing , enabling enterprises to operate applications with low latency due to the closer proximity to its end users. Stable And Steady Growth Akamai is different from the growth monster it was in the past. Revenues grew just 2.5% in its latest quarter. Its Compute division is the growth driver, as it saw a 61% rise in the quarter to $112 million, while its Security division saw a 10% rise to $405 […]

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Special Representative for Global Partnerships Dorothy McAuliffe traveled to Ghana February 7-9, 2023, leading a Partnership Opportunity Delegation (POD) to Accra that focused on fostering collaboration between the U.S. private sector and West Africa’s burgeoning climate technology innovation and entrepreneurship ecosystem. This private-sector delegation to Ghana was announced by Secretary Antony J. Blinken during the Innovators Gathering at U.S.-Africa Leaders Summit on December 12, 2022. POD Ghana was the first in-person POD since the beginning of the pandemic, and delegates included representatives from startups, corporations, academia, philanthropy, climate and sustainable technology investors, municipal government. The delegation met with entrepreneurs and business leaders from across Ghana at events hosted by the U.S. Embassy in Ghana, the Accra Digital Centre, Impact Hub Accra, Academic City University College, and others. Special Representative McAuliffe and the delegation also held bilateral meetings with Ghanaian government leaders including Minster of Environment, Science, Technology and Innovation Kwaku Afriye, Deputy Minister for Finance Abena Osei-Asare, and Deputy Minister for Lands and Natural Resources Benito Owusu-Bio. These conversations focused on how the public and private sectors in the United States and Ghana can jointly strengthen, deepen, and reaffirm our shared commitment to combatting climate change and spurring sustainable […]

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Troy Assistant Superintendent of Secondary Education Christine DiPilato talks to students in the district about what a bond is and how it works. Troy Assistant Superintendent of Business Services Rick West tells district students about the different phases of asking for and using a bond as a special presentation Feb. 7. TROY — With Troy voters’ approval of a new bond last year, Troy School District officials knew they would have an influx of funds coming into the district; they used the opportunity to show students how the bond process works in real time. On Feb. 7, the bonds were sold on the market, and high school students from around the district gathered at Athens High School to observe the sale as it was projected on a screen, seeing chunks of the bond get bought out by investors. “From the very beginning, when we knew we would have the opportunity to sell the bonds, one of the first things we talked about was how we could involve the students,” explained Superintendent Richard Machesky. “It was important to us to live up to one of our district’s core values, which was finding a way to connect our students’ learning with […]

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Summary Issues at CarOffer have overshadowed CARG’s strong core business. A slightly more difficult used car market should bode well for CARG. CARG has pricing power given the value of its offering. Dmytro Varavin/iStock via Getty Images CarGurus’ (NASDAQ: CARG ) results are being muddied by issues at CarOffer, but its core business remains strong and is greatly undervalued. The company has a number of catalysts including fixing the CarOffer business, a tougher car selling environment where dealers lean into advertising, and pricing power. Company Profile CARG is an online used and new automobile lead-generation and transaction marketplace. The company’s platform offers car dealers several tiered subscriptions to list and help sell their vehicle inventory. All dealers can put their inventory on CARG’s site for free, although leads are capped and there is no dealership branding, address, website URL, or phone number displayed on the free tier. Consumers can contact these dealers only through an anonymous, CarGurus‑branded email address so the dealer does not receive any of the consumer’s personal contact information. The company then has three tiers of paid subscriptions (Enhanced, Featured, and Featured Priority) that gives dealers different levels of exposure and features. Listings for all paying […]

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Currently, Gen Zs’ travel retail shopping behaviour demonstrates a strong degree of apathy, according to the m1nd-set research. Gen Z travellers are generally less engaged with the duty free shopping experience. They are less likely to purchase in store, and when they do shop, they spend less. Although current shopper behaviour among the young Gen Z traveller demographic does not show engagement or excitement with the duty free and travel retail offer, this is a clear contrast with their potential, the latest research from m1nd-set reveals. Following significant interest among industry partners and stakeholders in this young, high-potential age-segment, the Swiss-based travel and travel retail research agency, has published a study which focuses on how these young care-free shoppers behave when travelling. It is not so much their current behaviour in travel retail which are cause for excitement, m1nd-set says, but how this will evolve as the segment ages, matures and sees their purchasing power and propensity to travel increase and dominate vis a vis other segments. m1nd-set owner and CEO, Dr. Peter Mohn explained: “In the same way that the industry has been Chinese consumer centric and focused on Millennials in recent years, it is imperative for businesses […]

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VACAVILLE, Calif. — The Opportunity House Thrift Store Vacaville location is set to close due to low profits and high maintenance costs, according to the nonprofit that operates it. Vacaville Solano Services Corporation (VSSC) announced the closing Wednesday, though didn’t specify a timeline for when exactly the doors would shut at 107 Peabody Rd. "COVID shifted shopping patterns by decreasing sales and raising staffing costs," said Michelle Strand, VSSC Board President, in a statement . "This unforeseen and unexpected shift resulted in the thrift store operating at a loss and contributed to draining VSSC reserves." The nonprofit says it’s spending $20,000 a month to keep the doors open, and the choice to close the more than 20-year-old store was a hard one. "This has been an agonizing decision for the board, but it is necessary to protect VSSC’s mission," said Strand. "The ability to provide high-quality support services and programs to help people attain self-sufficiency has always been, and will continue to be, our priority." The store, in its two decades, made enough money to build and maintain the Opportunity House homeless shelter on Bennett Hill Court for the past 10 years, according to VSSC. The building was later […]

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Summary Altimmune is a pioneer in creating peptide-based therapies for obesity and liver disease, with a unique approach to product development. Altimmune’s R&D expenses have dropped year-on-year due to the discontinuation of certain projects, but the company has been actively advancing other programs that are expected to deliver noteworthy revenues soon. Pemvidutide has demonstrated promising outcomes in studies for non-alcoholic fatty liver disease, showing the potential to dramatically lower liver fat content and liver inflammation. Altimmune’s success in the peptide-based therapies market demonstrates its effectiveness as an alternative to biologics and small molecule medications. Christoph Burgstedt/iStock via Getty Images Altimmune stock (NASDAQ: ALT ) has established itself as a pioneer in the creation of peptide-based therapies for the treatment of obesity and liver disease . It offers an appealing investment opportunity for those wishing to invest in the biotech sector because of its distinctive approach to product development, which has produced a solid pipeline of cutting-edge and potent medicines. Altimmune’s emphasis on creating treatments for numerous diseases is one of its main advantages. The corporation has diversified its product offerings using this strategy, which lowers risk exposure and improves possible revenue streams. Due to its distinctive strategy for creating […]

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