Nishant Batra, chief strategy and technology officer at Nokia, provides a business update at a pre-MWC event in Barcelona, 2023. Vendor giant sets its sights on an industrial metaverse-driven future It believes a new approach to network architecture will be needed in the next seven years Networks that can sense, think and act will be required BARCELONA – #MWC23 – Nokia believes it is in a “unique position” to capture opportunities in the industrial metaverse by developing network systems that can sense, think and act, rather than just connect. At a press and analyst briefing here on Sunday ahead of MWC23, Nokia’s chief strategy and technology officer (CSTO), Nishant Batra (pictured above), shared the company’s vision for the coming seven years in the run up to 2030 and the era of the immersive metaverse. “This is the new age of digitalisation – and in this age, there will be digitally augmented worlds, there will be solutions to different challenges and, equally importantly, there will be new business opportunities for players like ourselves”, Batra stated. In his view, as it has been playing a foundational role in building the connectivity infrastructure, Nokia now is in a unique position to grow […]

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JHVEPhoto/iStock Editorial via Getty Images Situation Overview On Friday after the market closed, the FCC issued a Hearing Designation Order related to the proposed acquisition of Tegna (NYSE: TGNA ) by Standard General. The FCC’s decision is based on the two main issues of retransmission rate increase and local news job cuts, despite Standard General’s assurances to the contrary. While the FCC has not completely blocked the deal, the Hearing Designation Order requires the parties to present their case in front of an Administrative Law Judge, although a date has not been specified. This approach is often used by the FCC to effectively halt a deal, as the uncertainty surrounding the timeline can be a deterrent for both parties, particularly in light of the accruing daily ticking fee. Tegna and Standard General may choose to extend the outside date of the deal, though this has not been confirmed. In my view, the most likely outcome is that Tegna and Standard General will decide to terminate the proposed transaction. Since the FCC issued a Hearing Designation Order, Tegna has the right to terminate the deal and collect a $136 million termination fee, which is what I anticipate will happen. For […]

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Grants serve as a valuable resource to transform the campus experience Judith Gibson-Okunieff/ Daily Collegian (2016) Since its inception in 2017, Campus Climate Improvement Grants have helped honor the unseen labor of service workers on campus, host the “We Are For Freedoms” art exhibit and develop 3D-printed models to make STEM content widely accessible. Every year, students, staff and faculty can submit project proposals that seek to address the climate and community of the University of Massachusetts. The grants can range from $250 and $2500 and can be meant for a single semester or whole-year project. Grants from the past year include a disability speaker series, a UMass chapter of Society for Advancement of Chicanos and Native Americans in Science and an LGBTQIA+ mentor program. The Campus Climate Improvement Grants are the brainchild of the Office of Equity and Inclusion that created the program based on data collected from the 2016 climate survey and the 2018 campus strategic plan . “What we wanted to do was give an opportunity for people to identify and thoughtfully address some areas…to bring people together or a way to change the way that people experience campus,” Emmanuel Adero, deputy chief officer for equity […]

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Ben Broadbent A top Bank of England official has doubled down on claims that new technologies such as digital currencies could present lucrative new opportunities for businesses. Ben Broadbent, deputy governor for monetary policy, said the UK central bank’s “keenest attention” was focused on the regulatory implications of new payments technologies. “The experience of digitalization so far is that new products and services enabled by new technologies can be adopted very rapidly at scale,” he said Monday at the start of a BOE research conference. “This obviously brings opportunities for financial institutions, for businesses, for individuals. We would expect to see continued improvements, reductions in friction and cost of payment.” BOE and UK Treasury officials are exploring the case for a central bank digital currency , dubbed Britcoin, which would operate similar to cryptocurrencies such as Bitcoin but would be backed by central bank reserves. Read more:

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celikstock/iStock via Getty Images As most know, I’ve been a writer on the Seeking Alpha platform for over twelve years, and during that time I’ve written just under 3600 articles, and I have a record 107,972 followers. Now these records (most followers and most articles) are certainly humbling, but the key point I want to make is that the primary reason for my success is due to the pattern of repeatability. I’ll explain it in the words of Chris Zook and James Allen (in their book, Repeatability: Build Enduring Businesses for a World of Constant Change), “The power of a repeatable model lies in the way it turns the sources of differentiation into routines, behaviors, and activity systems that everyone in the organization can understand and follow so that when a company sets out on a particular growth path , it knows how to maintain the differentiation that led to its initial success .” You see, for me the fact that I’ve published the most articles or have the most followers is not my primary differentiation, it’s simply the fact that I understand how to maintain differentiation and I have done so for twelve years. In fact, one of […]

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spooh I love a good sell-off, especially when it comes to mission-critical infrastructure assets that aren’t likely to be disrupted, as in the case with the fickle nature of new tech companies. This also presents great opportunities for dividend investors, as this pushes up the dividend yield. Such I find the case to be with Enbridge (NYSE: ENB ), the Canadian energy midstream and utility giant. As shown, ENB has sold off since the start of this month, and trades not too far off from its 52-week low of $35. ENB Stock (Seeking Alpha) Let’s explore why this presents a great opportunity to layer into this high quality energy infrastructure stock. Why ENB? Enbridge is a Canadian energy company that owns and operates an impressive collection of liquids pipelines, gas transmission / distribution, and renewable power assets. To get a sense for how important its assets, are ENB transports around a quarter of the crude oil used in North America, and one-fifth of the natural gas consumed in the U.S. ENB’s moat-worthy asset base combined with durable revenue streams has contributed to 28 consecutive years of dividend increases. This includes the most recent 3.2% dividend increase this year, and […]

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The percentage of large companies around the world disclosing and obtaining assurance on data related to environmental, social, and governance (ESG) is on the rise, but the percentage of assurance provided by accounting firms is heading in the opposite direction. Ninety-five percent of companies reported some ESG information, and 64% obtained some level of assurance on that data in 2021, according to The State of Play: Sustainability Disclosure & Assurance . In 2019, 91% of companies reported some ESG information, and 51% obtained some assurance. The International Federation of Accountants (IFAC) and AICPA & CIMA, together as the Association of International Certified Professional Accountants, co-authored the latest version of the study, which reviewed the 2021 disclosures of 1,350 of the largest companies in 21 jurisdictions. In 2021, 57% of ESG assurance engagements were conducted by audit firms, down from 63% in 2019. A joint statement in the study from IFAC and AICPA & CIMA leadership stressed that "the accountancy profession must demonstrate to stakeholders why our profession is best placed to deliver assurance." Is the US posed to reverse the trend? The United States stands out among seven jurisdictions where nonaccountancy service providers delivered the majority of ESG assurance […]

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“Facebook is a particularly effective platform for all manner of content verticals to generate click-throughs.” Highlights from a new report that compiles benchmarking data from the major social platforms. The findings will help publishers understand how they are performing with respect to their competition on these platforms and optimize their social media strategies for best results. Over 4.5B people use social media – that’s nearly 60% of the world’s population, according to a new report from Echobox. And the average growth rate of social media users globally is 3% per year. “The opportunity for reach on social media is larger than ever,” the authors note. “How can companies make the most of this moment in time?” Improving click-through traffic between social platforms and websites would help publishers attract readers and build relationships with them. “In this regard, benchmarking data is essential to understanding how different platforms perform in driving traffic back to a website,” they explain. The report, The Ultimate Collection of 2023 Social Media Benchmarks , provides benchmarks for Facebook, Instagram, Twitter, and LinkedIn. These are based on detailed analysis of thousands of social shares from businesses around the world – Echobox serves over 1,500 leading brands and […]

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Yoda Yee is the founder and CEO of Threecolts , an all-in-one enterprise platform that unlocks profitable growth for e-commerce businesses. getty Threecolts was formed during a pandemic and grew swiftly during inflation, consumer hesitancy and a market downturn. We’ve been remote first and global since the beginning—and this isn’t going to change. Here’s why. The benefits of a remote-first global workplace—and the shift in leadership needed to enact this successfully—far outweigh the disadvantages of business as usual. A remote workplace inspires leaders to transform their thinking to allow for better outcomes in productivity, innovation and job satisfaction. How Covid Changed The Way We Work The Covid-19 pandemic changed not only the way people work but our attitudes toward work . In 2021, according to figures from the U.S. Bureau of Labor Statistics , over 47 million Americans voluntarily left their jobs. The Great Resignation highlighted workers’ dissatisfaction with stagnant wages, limited growth opportunities and feeling disrespected as motivating factors for quitting. Then there was “quiet quitting,” a movement heralded on social media and informed by workers’ dissatisfaction with grind culture. According to a Gallup survey in June 2022, at least half the U.S. workforce consider themselves quiet quitters. […]

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King Communities purchased the apartment building at 850 Dexter in January 2022 and sold it in November 2022. James King Real estate veteran and turnaround specialist James King, founder of Denver-based King Communities , has introduced a real estate investment fund, providing people with the opportunity to invest in distressed real estate assets. The Contrarian RE Fund 1, LLC, researches, identifies and acquires multifamily and manufactured home communities that are being sold at steep discounts. “These opportunities are beginning to present themselves as more distressed assets are coming online and property owners are struggling with increased debt,” said King, who along with his team of professionals has successfully owned and operated more than 2,000 units across the United States. “We are actively identifying distressed real estate assets and reviewing if they are viable options for our “Value-Add” business model. If they are, we are making purchase decisions regarding the properties and investigating the level of enhancements and improvements that need to be made for each property.” The Contrarian RE Fund 1’s “Value-Add” business model has realized significant profits since King first started implementing it in 2009. By purchasing properties with low rental rates and making substantial physical and operational […]

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