Hong Kong’s zero-Covid method frustrates companies, says analyst

Hong Kong’s strict zero-covid approach is the biggest frustration for overseas companies operating there, an analyst told CNBC on Tuesday.

The city is sticking to strict Covid measures – with up to three weeks of mandatory quarantine and other testing requirements – even if authorities have relaxed similar restrictions elsewhere.

Asked how Local politics and Covid measures are hurting business confidence in Hong Kong, the founder of publishing and research firm Big Brains said the latter was the bigger concern.

“I think it’s more frustrating right now in Hong Kong, especially with overseas companies… keeping up with its zero-covid strategy – and its announcement that it is going to stand up for [the] Rest of China before it opens up to the rest of the world – which makes business people here, their families, and their general lifestyle quite frustrating, “said Simon Cartledge.

“It’s been a long time,” he said. “It is very difficult to travel.”

The Hong Kong and mainland authorities have worked towards the establishment Quarantine-free travel between the two regions. China has one too Zero Covid Strategy.

Hong Kong again this week tightened measures as Omicron cases increased worldwide.

The city has stuck to its zero-covid approach, although the number of cases is small compared to other places in Asia. According to Our World in Data, the city has a 7-day moving average of 0.72 daily cases per million population as of December 19, compared with 66.75 for Singapore and 1.14 for Japan.

Governments in the Asia-Pacific region, including Singapore and New Zealand, initially took an aggressive approach through bans and tight restrictions on most of the pandemic. But many countries around the world have shifted to a “living with Covid” approach as vaccination rates have increased.

However, Allan Zeman, chairman of property developer Lan Kwai Fong Group, argued that strict Covid rules helped Hong Kong stay safe.

“But that has worked the other way around, it has helped Hong Kong because we can walk freely on the streets. Everyone wears a mask. It’s very, very important, ”he told CNBC’s Street Signs Asia. “I think in general we are safe and it is different from the horror stories I am currently watching in Europe and the US.”

Several Cities across Europe are reintroducing restrictions. In the UK, cases double roughly every two days as London hospital admissions increase. On Monday, the U.S. Centers for Disease Control and Prevention said Omicron is now that dominant strain of Covid in the USAwhich accounts for 73% of the sequenced cases. The average daily number of cases in New York City more than doubled for the week ending Friday, December 17.

Zeman said consumer spending has been “incredible” over the past six months as fewer people are leaving the area. Hong Kong retail sales rose for the ninth straight month in October, up 12% year over year to Hong Kong dollars ($ 3.94 billion), according to government data in November, according to Reuters.

Attack on the “five eyes”

Zeman, who was running for the Hong Kong Legislative Council this week, defended changes to the Hong Kong electoral system and attacked the Five Eyes intelligence nations who criticized the revision.

the Five eyes alliance, consisting of Australia, Canada, New Zealand, Great Britain and the USA, made a statement on Monday and expressed “serious concern about the erosion of democratic elements” in the Hong Kong electoral system.

Previously, half of the representatives on the Hong Kong Legislative Council were directly elected by regular Hong Kongers; according to new rules, was about a fifth. A Electoral Committee which previously had limited powers, now selects almost half of the council representatives directly, and it screens anyone who wants to run for the other places.

Zeman, who lost his race but is the economic advisor to Hong Kong Chief Executive Carrie Lam, said, “I would defend Hong Kong by saying that Five Eyes should focus on their own countries and look at their systems first, which is what I do do not think works very well. I believe this is a new system for Hong Kong that can really work. “

NASCAR wants “F1-style method” to race weekends

Hamlin said his newfound interest in Formula 1 came from several of his friends, who paid attention, and by watching Drive to Survive, a popular documentary series produced in a collaboration between Netflix and Formula 1, to take a look behind the scenes series.

“I think I probably watched more this year [F1] Run as I’ve had all my life. Part of this is being driven by social media. My friends agree to it. You can see that the American press is paying more attention to the subject this year, ”Hamlin said.

“Of course, when you see a buzz or see something about it on social media, you kind of want to tune in and see what’s going on. That sparked my interest in it, more than anything. “

Hamlin said his involvement with Netflix in a documentary about driver Bubba Wallace and his first season at 23XI Racing, which Hamlin owns with NBA legend Michael Jordan, also encouraged him to try Drive to Survive.

“It definitely got me to see how they did the production and it certainly came over with some good storylines,” he said. “Sure, I’m a person who will morph into this show over time.”

Hamlin, who continues to battle to win his first championship this year, said NASCAR needed to find a way to make its race weekends more of a “show” and take advantage of the more competitive races in NASCAR.

“It’s crazy because you probably have a 90% chance of choosing which two guys will win [each F1 race]. This year was a little different with the madness, but there are two people who can win, two teams that can win, ”said Hamlin. “There isn’t a lot of side-by-side racing compared to NASCAR, but the fans and media love it.

“When you talk about how critical the fans or the media or whoever our race might be in NASCAR, that’s amazing what’s going on right now. The show is good. Why can’t we get people to vote?

“Texas was just a big disappointment to see what was going on in the stands, and yet we’re talking about the largest crowd in history showing up for the COTA F1 race next week. So there is some kind of breakup that is not making this deal work. “

Valtteri Bottas, Mercedes AMG W10, leads Max Verstappen, Red Bull Racing RB15, Sebastian Vettel, Ferrari SF90, Lewis Hamilton, Mercedes AMG F1 W10 Alex Albon, Red Bull Racing RB15, Charles Leclerc, Ferrari SF90, Carlos Sainz Jr., McLaren MCL34 and the rest of the pack tab the start

Photo by: Glenn Dunbar / Motorsport pictures

Of course there were several sold out and heavily attended NASCAR Cup races in the 2021 season, but the atmosphere that is created each weekend varies from track to track.

Several protocols remain in place due to the COVID-19 pandemic, limiting the number of people in garages and on the pit lane prior to the races. With the exception of eight race weekends in the Cup series, there was neither training nor qualifying this year.

Also read:

Additionally, during the height of the pandemic, many sponsors reduced their on-track activation and not all returned to previous levels.

Hamlin believes NASCAR can learn something from how F1 can keep the “hype” around its events going even when the race is not as competitive on the track.

“I would love to see how we do a race weekend more F1-style and how we do hospitality, parties and all that stuff,” said Hamlin.

“There just has to be more to it than just showing up and racing like we’re doing right now.”

NASCAR wants an “F1-style strategy” to race weekends

Hamlin said his newfound interest in Formula 1 came from several of his friends who paid attention to it and watched Drive to Survive, a popular documentary series produced in a collaboration between Netflix and Formula 1, to take a look behind the scenes check out the sport.

“I think I’ve probably seen more (F1) races this year than in my entire life. Part of this is being driven by social media. My friends agree to it. You can see that the American press is paying more attention to the subject this year, ”Hamlin said.

“Of course, when you see a buzz or see something about it on social media, you kind of want to tune in and see what’s going on. That sparked my interest in it, more than anything. “

Hamlin said his involvement with Netflix in a documentary about driver Bubba Wallace and his first season at 23XI Racing, which Hamlin owns with NBA legend Michael Jordan, also encouraged him to watch Drive to Survive.

“It definitely got me to see how they did the production and it certainly came over with some good storylines,” he said. “Sure, I’m a person who will morph into this show over time.”

Also read:

Hamlin, who continues to battle to win his first series championship this year, said NASCAR needed to find a way to make its race weekends more of a “show” and take advantage of the more competitive races in NASCAR.

“It’s crazy because you know – you probably have a 90 percent chance of choosing which two guys will win (every F1 race). This year was a little different with the madness, but there are two people who can win, two teams that can win, ”said Hamlin. “There isn’t a lot of side-by-side racing compared to NASCAR, but the fans and media love it.

“When you talk about how critical the fans or the media or whoever our race might be in NASCAR, that’s amazing what’s going on right now. The show is good. Why can’t we get people to vote?

“Texas was just a big disappointment to see what was going on in the stands, and yet we’re talking about the largest crowd in history showing up for the COTA F1 race next week. So there is some kind of breakup that is not making this deal work. “

Valtteri Bottas, Mercedes AMG W10, leads Max Verstappen, Red Bull Racing RB15, Sebastian Vettel, Ferrari SF90, Lewis Hamilton, Mercedes AMG F1 W10 Alex Albon, Red Bull Racing RB15, Charles Leclerc, Ferrari SF90, Carlos Sainz Jr., McLaren MCL34 and the rest of the pack tab the start

Photo by: Glenn Dunbar / Motorsport pictures

Of course there were several sold out and heavily attended NASCAR Cup races in the 2021 season, but the atmosphere that is created each weekend varies from track to track.

Several protocols from the COVID-19 pandemic remain in place, limiting the number of people in garages and on the pit lane before the races. With the exception of eight race weekends in the Cup series, there was neither training nor qualifying this year.

In addition, many sponsors reduced their at-track activation during the height of the pandemic and not all have returned to previous levels.

Hamlin, 40, believes NASCAR can learn something from how F1 can keep the “hype” around its events going even if the race on the track is not as competitive.

“I would love to see how we do a race weekend more F1-style and how we do hospitality, parties and all that stuff,” said Hamlin.

“There just has to be more to it than just showing up and racing like we’re doing right now.”

Costco, Nike and FedEx are warning there’s extra inflation set to hit shoppers as holidays method

A worker wearing a protective mask removes

David Paul Morris | Bloomberg | Getty Images

Delivery bottlenecks, which have led to rising freight costs, are a vacation headache for US retailers.

Cost co This week joined the long list of retailers on the alert about rising shipping prices and the associated supply chain problems. The warehouse clerk who a similar cautionary note in MayThe sportswear giant joined her Nike and economic pioneers FedEx and General mills when discussing similar concerns.

The cost of shipping containers overseas has increased in recent months. Getting a 40-foot container from Shanghai to New York cost about $ 2,000 a year and a half ago, just before Covid pandemic. It is now around $ 16,000, according to Bank of America.

In a conference call with analysts Thursday, Richard Galanti, Costco’s chief financial officer, called freight costs “permanent inflationary items” and said these increases are being combined with things that are “somewhat permanent” to add to the pressure. This includes not only freight, but also higher labor costs, increasing transport and product demand as well as scarcity of computer chips, oils and chemicals and higher raw material prices.

“We can’t hold onto all of this,” said Galanti. “Some of it has to be passed on, and it is passed on. We are pragmatic about it.”

To quantify the situation, he said inflation is likely to be between 3.5% and 4.5% for Costco. He noticed that Paper products saw cost increases of 4% to 8% and cited shortages in plastic and pet products that are driving prices up from 5% to 11%.

“We can hold the line on some of these things and do a slightly better job – hopefully a better job than some of our competitors and even more extreme than value,” said Galanti. “So I think all of these things have worked a little in our favor so far, at least despite the challenges.”

Prepare for the holidays

However, the timing is not good.

Persistent inflationary pressures come at a time when retailers prepare for the Christmas shopping season – Halloween, Thanksgiving, and Christmas, then the New Year. The pandemic brought it about a relentless array of factors After a generation of mostly moderate price pressure, this has made inflation an economic catchphrase.

Companies are forced to deal with the situation before a critical phase.

“We’re approaching the holidays, we’ve worked with retailers, and we see that # 1 they need to be flexible with their supply chain,” said Keith Jelinek, executive director of global retail practice at consulting firm Berkeley Research Group. “We noticed an increase in the cost of goods, especially for clothing, including the cost of inbound shipping with the cost of containers, increases in transport, truck transports to get to distribution centers.”

“All of these costs will weigh on operating profit,” he added. “Retailers are currently facing the challenge of how much I can pass on to the consumer, or how I can get other efficiencies out of my operations to meet my overall margin.”

Many companies have signaled that consumers are ready, at least for now, to accept higher prices. Trillions of government incentives during the pandemic helped increase personal wealth Household net worth increased by 4.3% in the second quarter.

In the company’s conference call on Thursday, Nike CFO Matthew Friend referred to the price increases in the second half of the year, as well as “more than expected full price realization” and “additional transportation, logistics and air freight costs to move inventory in this dynamic environment”.

Nobody knows how long consumers will be willing to pay higher prices. Jelinek said he anticipates the current situation will last at least during the holiday season and until early next year

“There is only a limited amount that you can give to consumers,” he said. “What most retailers do is think about theirs [profit and loss statements] and they want to improve performance and optimize efficiency. That means really focusing on your supply chain. “

It also means raising prices.

Corporate warnings

FedEx announced this week that it will add 5.9% to the shipping cost for domestic services and 7.9% for other offers. The company said it was hit by labor shortages and “costs related to the challenging operating environment”.

The head of the company’s main competitor admitted the hurdles the business is facing.

“The job market is tight and in certain parts of the country we have had to make some market price adjustments to respond to market demands.” UPS CEO Carol Tome said on CNBC’s Thursday, “Closing bell. “

She added that the company was also affected by supply chain issues.

“I’m afraid this will continue for a while. These problems have been a long time coming and we must all work together to remove these blockages, ”said Tome.

Federal Reserve officials this week admitted that inflation will be higher in 2021 than they expected. However, you can still see that prices will settle in a more normal range of just over 2% in the years to come.

But Cleveland Fed President Loretta Mester said in a speech on Friday that she saw “upside risks” for the central bank’s inflation projections.

“Many companies report that cost pressures are mounting and consumers are willing to pay higher prices,” she said. “The combination of strong demand and supply chain challenges could last longer than I expected, leading people and businesses to raise their expectations of future inflation more than we have seen before.”

Fed officials said they were ready to withdraw monetary stimulus They provided during the pandemic, but prices are unlikely to increase anytime soon. However, if prices and expectations stay higher, Mester said, Fed policies would have to be “adjusted” to control inflation.

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Can UK banks undertake a Morgan Stanley-style method to returning to work? –

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The correct approach for manufacturers to strategy Delight month (and all yr spherical)

Procter & Gamble celebrates Pride with branded trikes and staff at the World Pride Parade on June 30, 2019 in New York City.

Bryan Bedder | Getty Images

More than ever, brands are signaling support for the LGBTQ + community in Pride month. But experts say real support has to come from more than a rainbow-colored post on social media.

A number of big brands launched advertising campaigns or marketed Pride-themed clothing and groceries this June. Kind Snacks, for example, has its own line of “Kind Pride” bars, while Skittles turned its packaging and candy gray to draw attention to “the only rainbow that counts”.

But with consumers paying more attention than ever to the brands they buy from, it has to go deeper than rainbow packaging, experts say. Brands are for example be called out for claiming to support the LGBTQ + community even when companies have donated hundreds of thousands of dollars in the past to lawmakers who support anti-trans laws.

While brands could prominently represent the community in Pride month, many still have a long way to go to represent LGBTQ + people in advertising for the remainder of the year. A study by Unilever, released last week, found that 66% of LGBTQ + people between the ages of 18 and 34 believe that people from different backgrounds are shown in ads “just to make the numbers”.

The right approach

As soon as June 1 hit, brands switched social media avatars to rainbow-colored versions, posted solidarity posts, and released a range of Pride-themed products. But Rich Ferraro, chief communications officer at GLAAD, said it was important to go deeper.

“Brands participating in Pride Month have power and it is important for their employees and their consumers to see support for the community during Pride Month. But that can’t just be during Pride Month, ”he said. “Unless a brand has a 365-day, year-round plan for LGBTQ integration, they really need to prioritize it over a one-off Pride campaign.”

He said it is important to create marketing and advertising that engages the community throughout the year as well, and go beyond that effort to take a stand on anti-LGBTQ legislation.

“This is where brands can have immense power – by using their influence in politics and educating their stakeholders, be they employees, consumers or politicians, about anti-LGBTQ laws and pro-LGBTQ laws,” said Ferraro.

He said he would like every brand that participates in Pride promotions this year to also actively push for the equality law and push the Senate to move the law forward.

“Otherwise, the Pride campaigns feel very empty to our community. And it’s a huge missed opportunity,” he said.

Ferraro said Kelloggs Together With Pride muesli is a great example of how a brand can contribute to change. The company donates part of the sales to GLAAD, and the cereal box also has a section that encourages you to write down the pronouns.

“This campaign reaches parents who may not otherwise think about pronouns or who may not see media reporting fairly and accurately on pronouns,” he said. “I think Kellogg’s is helping educate the general public and also sending a pretty strong message to trans youth that a popular brand like Kellogg’s supports and stands by them and accepts them for who they are. ”

Child also says they will donate $ 50,000, plus an additional dollar for each “Pride” text they receive under a specific number, to a nonprofit to help LGBTQ + homeless youth. It also does a rainbow light show near the Stonewall Inn in New York City.

Avoid “rainbow wash”

If a brand chooses to build a campaign around Pride but has taken actions in the past that go against the cause, it may be viewed as superficial and opportunistic by consumers.

For example Popular Info this week highlighted 25 brands with Pride campaigns that collectively donated more than $ 10 million to politicians who pushed anti-gay laws in the past two years.

So when a brand swaps their social media avatar for a rainbow version of themselves or otherwise shows support in June, savvy consumers will know if their ads are showing the community year-round, whether they’re hiring LGBTQ + people and getting them into leadership positions, and whether the brand is actually providing resources and legislative support to the community. And when the brand doesn’t, sentiment plummets.

Katherine Sender, a professor at Cornell University who wrote “Business not Politics: The Making of the Gay Market,” said brands must at least have company policies to ensure management supports a safe and supportive environment for employees. With the company’s clout to make bigger change, companies can really help, she said.

She used the example of companies pulling out of North Carolina because laws against transsexuals prohibit the use of toilets of their gender identity.

“It’s a very powerful move that got a lot of attention in North Carolina and it hurt their wallet where they wouldn’t get corporate money, they wouldn’t get people to watch athletics, they were … no jobs for get their employees because companies wouldn’t build factories and other places that would bring money to the state, “she said. “I think that’s another level of support that goes beyond the company itself and can actually make a more meaningful change.”

Danisha Lomax, senior vice president of paid social at Digitas, said brands are also better off reminding themselves that Pride was protest.

“It started with queer and transgender people not having their rights and being taken seriously, and police brutality,” she said. “I don’t think many brands have actually incorporated this into their broad-based marketing efforts.”

Brands do it right

Tamara Alesi, America’s agency and media sector director for YouGov, said other brands honor Pride in a deeper way. She cited companies like Tinder who worked year-round to build a deeply inclusive workplace culture, while companies like Jägermeister are trying to provide tangible support to communities with campaigns like the Save the Night campaign to support lesbian bars.

Bombas, a seller of socks and other underwear, follows a socially conscious model in all of his sales: for every item sold, he donates one item to the homeless. CMO Kate Huyett said the number of LGBTQ + people is significantly higher in the homeless population than in the general population.

“This year … we’re focusing on black transgender people who are five times more likely to be homeless than the general US population, which is just amazing,” she said. “Since 2019 we have been doing this with specific products and a specific focus on donations.”

The company has a Pride product collection that is available all year round. Huyett said the company donated more than 300,000 pairs of socks through the Ally Coalition.

Then there is The Body Shop, which encourages its consumers to sign a petition in support of the Equality Act and pledges to donate $ 1 per signature to the Equality Federation, an advocacy accelerator in support of LGBTQ organizations.

“We want to lend our platform, of course, but we really focus on trading,” said Hilary Lloyd, vice president of brand and values ​​for The Body Shop North America. “For us, it is often the case that measures are met through policy changes and laws. And policy changes and laws are a super long game.

Year-round inclusivity in advertising

A Study 2020 from the Geena Davis Institute on Gender in Media found that only 1.8% of the characters in ads at the Cannes Lions Festival were LGBTQ, slightly less than last year. But representation is still an important factor for some consumers when it comes to making purchasing decisions. In a survey by the NPD Group, 21% of respondents said that the equality and inclusion of LGBTQ + people had influenced their purchase decision when buying clothes, shoes or accessories.

“There has been a big change from a time when brands were reluctant to accept LGBTQ people because they feared they would get backlash from anti-LGBTQ voices,” Ferraro said. “Today brands and advertisers are concerned about the LGBTQ community’s response to the authenticity of their campaigns.”

GLAAD recently partnered with Getty Images to provide advertisers with guides on how to use images to better represent the LGBTQ community.

“If you look around at some of the recommended images, they include LGBTQ people of different ages, gender identities, and races to better depict the full diversity and intersectionality of LGBTQ people,” Ferraro said.

Procter & Gamble worked with GLAAD on the Visibility Project, which aims to increase the representation of LGBTQ in advertising. A minority of advertisers and agencies actively recommend involving LGBTQ people in advertising, said Lomax of Digitas. Because of this, it is critical for the marketing industry to think about hiring and promoting people who are part of the community.

“If you hire these people, if you pay them, if you bring them on your teams or … play, because then it is done from the heart and it becomes real,” she said.

With P & G’s own extensive brand portfolio, which includes Tide and Charmin, the company uses its own advertising and marketing to reflect common LGBTQ experiences. For example, research by the company has found that around 60% of people change their hair when they come out of the closet. The data point inspired an advertising campaign for the hair care brand Pantene.

“It’s a fascinating insight, but it is based on a larger human insight that hair is one of the best ways to present yourself in the world,” said Brent Miller, P & G’s senior director, global LGBTQ + equality and inclusion.

But Miller says the ultimate goal is beyond just selling a product. As an example, he cited a letter from a young man who was touched by the 2018 P&G campaign with Gus Kenworthy, an Olympic freestyle skier. In the ads, Kenworthy spoke about his experience as a gay athlete. The campaign also inspired the letter writer to come out.

“At the end of the letter he wrote to Gus, he said, ‘Thank you for saving another soul.’ When you have someone responding this way, you know that the work you are doing goes beyond the product, “Miller said.” You have the ability to connect with people who are not in the world yourself could see. “

New Westport enterprise provides modern method to dwelling leisure

WESTPORT – Mark Motyl is full of confidence.

Longtime Westport resident firmly believes that when people discover the benefits, convenience, and technical magic of his vanished media wall units, they will definitely want one of their own.

Motyl founded Vivid-Tek earlier this year on the idea of ​​offering large screen access with screen sizes of 100, 110 and 120 inches that can be easily hidden in a specially built cupboard or sideboard.

“I am confident this will be successful,” said Motyl, who had an early career as a bond seller in New York City before starting home design and construction.

What looks like a relatively simple idea was lovingly worked out by Motyl, who uses a Bridgeport-based carpenter, Christopoulos Designs, to hand-construct his creations with individual accents according to customer requirements.

Vivid-Tek’s media walls can be used for TV, movies and music, games, online meetings, and various communication purposes such as remote courses. The display is equipped with an ultra short throw projector for 4K, which is displayed on a screen to suppress ambient light.

“This light is softer … it’s still so sharp (but) that’s better for your eyes,” Motyl said.

The Dolby Atmos surround sound system also offers state-of-the-art audio with two small portable wireless speakers and a main console, all of which are powered by a single plug. It is connected to the phone or laptop and controlled with a single remote control.

The remote also shrinks the three foot high screen back into the closet. Thus, the family room or living room no longer has a TV that takes up space in every respect.

“I have a feeling we’re really into something,” said Motyl. “This is one of those things that will definitely make home life so much better.”

Motyl’s interest in design concepts began a few years ago when he began building one of several luxury homes in Westport. Hoping to create something other than what he sees as the sometimes staggering approach to construction, he hit upon the idea that the traditional home theater could become a more community-oriented space, with the immensity of the screen itself being an optional component.

“Televisions are big, ugly pieces of glass that hang on your wall when you could have a piece of art or a nice view,” he said. “It can appear when you want it and it can disappear when you want it.”

Motyl notes that the flexibility of a retractable screen allows the room to keep a more circular layout rather than having everything built around the TV.

“I can’t think of anything more unsocial … than sitting in a formal row of seats to watch a movie,” he said.

Customers also seem receptive to the idea.

“The first time you experience Vivid-Tek, it feels similar to your first iPhone or testing a Tesla,” said Chris Mashia of Westport, who bought a 110-inch display unit in a sideboard for his home. “That is something different and something very special.”

However, he said it is something people should experience for themselves when they visit the showroom at 1252 Post Road East which is open for a demonstration by appointment.

“The console unit can be stowed discreetly in any room in your home, unlike a dedicated home theater,” said Diana Mashia.

“For us, we’re going to put the streaming unit in our living room, an adult room where we didn’t want a TV,” she said. “When we’re not using it, the console is a stunning piece of furniture. It’s changing the way you experience movies and more from the comfort of your home.

The Mashias use their screen for various reasons.

“We mostly use our Vivid-Tek for family movie nights, dance parties where Spotify is streamed through the Atmos sound system, and zoom classes for children,” said Chris Mashia. “This is really a new category of products that we believe has the potential to replace traditional home theaters.”

For more information, visit www.vivid-tek.com.

Triller Combat Membership copying WWE’s method to leisure

ATLANTA – Professional wrestling legend Ric Flair is convinced of the Triller Fight Club’s approach to mixing martial arts and entertainment.

Flair, a two-time WWE Hall of Fame nominee, will be in attendance on Saturday Pay-per-view Show at the Mercedes-Benz Stadium, and he digs the method presentation of mixing boxing matches, like Jake Paul versus Ben Askren in the main event, with musical acts like Justin Bieber, Snoop Dogg and more.

connected

Tyron Woodley on Ben Askren in boxing Jake Paul: “He’ll stop him”

Video: Jake Paul and Ben Askren compete against each other after gaining weight for the Triller Fight Club main event

Flair finds it a little familiar, however, and looks pretty similar to what has made WWE such a hit over the years.

Watch the video above while Flair shares his thoughts on the Triller Fight Club with Mike Bohn at MMA Junkie.

List

Jake Paul Vs Ben Askren: How to See Trill Battle Map, Start Time, Odds of Winning, Live Streaming Information

Twitter Launches Birdwatch, A Wikipedia-Type Strategy To Battle Misinformation

Top line

In a major effort to rewrite content moderation, Twitter on Monday unveiled Birdwatch, a crowdsource fact-checking pilot program to combat misinformation.

In this photo illustration, a Twitter logo is displayed on a smartphone and a computer screen … [+] the background.

Photo illustration by Pavlo Gonchar / SOPA Images / LightRocket via Getty Images

Key factors

Birdwatch allows regular users, called “bird watchers,” to identify tweets they believe contain misinformation and write notes with more information and context, similar to Wikipedia, where registered volunteers write, update, and edit articles to address the issue Ensure accuracy.

Anyone can apply to be a bird watcher. The only requirements are a valid phone number, email address and no recent violations of Twitter rules.

Birdwatch notes appear under a tweet. To prevent users from playing the system, birdwatchers can rate the effectiveness of each note, which affects the ranking of the note.

The program is currently a pilot project and is only available through a separate website, but eventually the company plans to expand Birdwatch to the rest of Twitter.

During the pilot, Twitter said it wanted to focus on making Birdwatch “resistant to tampering and making sure it is not” dominated by a simple majority or biased due to its distribution of contributors “.

Crucial quote

“We believe this approach has the potential to act quickly when misleading information spreads and to add context that people trust and find valuable. After all, we want to make notes directly on tweets visible to the global Twitter audience when a broad and diverse group of contributors agrees, ”said Keith Coleman, vice president of Twitter, on a blog post Office.

Key background

Twitter has long been under pressure to prevent misinformation from spreading on its platform. But only this year has the company taken more aggressive action. Twitter-checked tweets from former President Donald Trump and other politicians about Covid-19, mail-in-voting and the election results. These labels are linked to news organizations or other institutions that offer credible information. The social network eventually banned Trump completely, citing tweets that could lead to more violence after the Capitol uprising. However, Birdwatch’s intent is to extend these efforts beyond “circumstances where something is against our rules or receives widespread public attention,” said Coleman.