Look up business – Myrlina Hermes http://myrlinahermes.com/ Fri, 23 Sep 2022 14:41:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://myrlinahermes.com/wp-content/uploads/2021/06/icon-6-150x150.png Look up business – Myrlina Hermes http://myrlinahermes.com/ 32 32 Video commerce player CommentSold uses Stripe for its POS system https://myrlinahermes.com/video-commerce-player-commentsold-uses-stripe-for-its-pos-system/ Fri, 23 Sep 2022 14:28:32 +0000 https://myrlinahermes.com/video-commerce-player-commentsold-uses-stripe-for-its-pos-system/ CommentSold, the leading live video commerce solution for retailers to unlock sales growth through live selling, today announced the launch of its Stripe-based point-of-sale (POS) system, a financial infrastructure platform for businesses. This addition to CommentSold’s suite of solutions for retailers gives them access to a unified solution for in-person and online shopping, inventory management […]]]>

CommentSold, the leading live video commerce solution for retailers to unlock sales growth through live selling, today announced the launch of its Stripe-based point-of-sale (POS) system, a financial infrastructure platform for businesses.

This addition to CommentSold’s suite of solutions for retailers gives them access to a unified solution for in-person and online shopping, inventory management and seamless shopping experiences.

Stripe Terminal is an in-person payment solution for modern businesses that will power CommentSold’s POS system and help online merchants increase their live sales revenue. Retailers use the CommentSold platform to simplify and automate retail operations and marry their in-person and online presence through interactive shopping experiences.

“Live selling is the future of retail, and consumer demand is growing rapidly. As retailers manage both online and in-person sales, it’s increasingly important to get inventory omnichannel and correct payment processing,” says Brandon Kruse, CEO of CommentSold. “We are excited to launch a POS system directly tied to the store’s e-commerce platform. Our POS offering brings much-needed simplicity to our merchants, as in-person sales can now update inventory online in real time.”

“For many customers, there’s nothing better than having that special touch that comes with an in-person purchase,” said Roshan Sadanani, Chief Product Officer at Stripe. “Our collaboration with CommentSold unifies online payments and point of sale for businesses, helping them increase revenue through live streams, live sales and everything in between.”

CommentSold’s digital platform already simplifies inventory and order management, payments, invoicing, labeling, packaging and order fulfillment for business owners and enables live selling across networks social media, mobile apps and websites. With the addition of its POS system, CommentSold retailers will now be able to save time and labor with a fully integrated platform, simplify fulfillment with a single inventory management system for in-store and in-store purchases. online and reduce point-of-sale costs with a free initial setup and terminal. costs.

The CommentSold POS system was launched via a pilot program for select CommentSold customers in September 2021. Early adopters saw it as a great asset to their business operations, giving them easy access to critical data while creating a consistent retail experience for online and in-person purchases.

“When CommentSold piloted the POS system with us, it was life changing for all of our staff,” said Kati Kemph, owner of Illinois-based boutique Kie & Kate Couture. “It’s been a seamless experience for our physical business and website, as well as our back-end operations. Since adopting POS, we’ve had far fewer errors and inventory discrepancies. , which had a huge impact on our sales.”

Since launching Kie & Kate Couture with CommentSold POS in November 2021, approximately 60% of their GMV has been made through the POS. By combining their brick and mortar with their online and social selling, Kie & Kate Couture has established an omnichannel selling strategy – a critical factor in driving and sustaining sales growth in retail.

With CommentSold’s POS system, CommentSold customers can search for detailed information in existing accounts, create new accounts, add products to carts, add coupons, accept cash and credit, send receipts by email and integrate with receipt printers and cash drawers, all through their iPad. . CommentSold will be developing new features and functionality over the next few months based on ongoing feedback.

CommentSold’s POS system is currently available to customers using CS Payments and includes benefits such as one-click payment, popular wallets like Apple Pay and Google Pay, local payment methods on most devices, and the CommentSold dispute protection service, which helps detect and prevent fraud.

To celebrate the launch and allow retailers to grow their omnichannel infrastructure, all new and existing CommentSold customers will receive a credit card transaction fee waiver on the point-of-sale system through 2023.

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Skipping New York is bad policy for Jakarta https://myrlinahermes.com/skipping-new-york-is-bad-policy-for-jakarta/ Wed, 21 Sep 2022 22:39:39 +0000 https://myrlinahermes.com/skipping-new-york-is-bad-policy-for-jakarta/ When Indonesian Joko Widodo visited Ukraine and Russia this summer, Foreign Minister Retno Marsudi explained that the president was “choosing to try to contribute, instead of choosing to keep quiet”. And yet, now that the world is going through a perilous conjuncture, it has disconcertingly chosen silence. Jokowi, as the president is known, once again […]]]>

When Indonesian Joko Widodo visited Ukraine and Russia this summer, Foreign Minister Retno Marsudi explained that the president was “choosing to try to contribute, instead of choosing to keep quiet”. And yet, now that the world is going through a perilous conjuncture, it has disconcertingly chosen silence.

Jokowi, as the president is known, once again sits in the United Nations General Assembly, the flagship annual event of global diplomacy. This year, it is an inexcusable absence.

Of course, he is not the only missing leader. The Chinese Xi Jinping, a few weeks before a party congress which will appoint him for an unprecedented third term, is staying at home, as is Indian Prime Minister Narendra Modi. Jokowi’s absence is also not out of place for Jokowi, who has long put domestic politics at the forefront and, in nearly eight years in power, has only addressed the UN gathering when pandemic restrictions allowed remote interventions.

But this is not a routine meeting. Trust between world powers is at an all-time low, and the world is grappling with worsening crises, most immediately with the fallout from Russia’s assault on Ukraine which was particularly punitive for the world. emerging, with rising fuel and food prices and the threat of greater instability. Moscow is threatening to torpedo a deal allowing grain exports to flow. This is the disaster that Jokowi would have sought to repair with his travels in June.

It is also happening at what could be a turning point in the war, as losses of men and material mount for Russia, while China and India – who initially adopted what one could call pro-Russian neutrality – begin to show their displeasure. The pressure is impacting Russian President Vladimir Putin, who is now struggling to find a way out of this debacle of his own making. (Moscow announced votes in the occupied territories and a partial mobilization.) Indonesia also carries weight, as Russia needs large populous and fuel-importing economies to avoid isolation.

Nor is it an ordinary year for Jokowi himself, closer to the end than the beginning of his tenure, and thinking about his legacy. He holds the G-20 presidency and will host world leaders – including, supposedly, Putin and his Ukrainian counterpart Volodymyr Zelenskiy – for the year’s banner meeting in Bali, before taking over the Association’s presidency. Southeast Asian nations next year. . Indonesia is, as Jokowi put it last month, at the “peak of global leadership”.

So why isn’t the Indonesian leader in New York?

Jokowi’s distaste for geopolitical theater is well known, especially when compared to his predecessor, Susilo Bambang Yudhoyono, and although his personal appeal opened doors for him abroad, he tended to focus on the benefits of the investment. In analyst and former journalist Ben Bland’s book(1) on the Indonesian leader, an official from Jakarta says it well: “Jokowi’s point of view would be, why do I have to go to the United Nations, there is no there is no money there and in fact we have to pay them. A not-so-unusual introverted approach, as Bland, now at Chatham House in London, points out in the context of Southeast Asia today.

Yes, in his early years the president had good reason to focus on the home front – with no elite experience or military ties, he needed to build a power base. But his second term, now supported by a broad coalition, was to be the time to look further. This does not happen. Although there were commendable efforts, such as the visits to Kyiv and Moscow, they were mostly unsuccessful, suggesting that the home screening really mattered as much, if not more, than the outcome.

And this time, as always, there were domestic reasons for Jokowi staying put. Radityo Dharmaputra, who teaches international relations at Universitas Airlangga, points to widespread dissatisfaction with rising prices that have sparked protests in Jakarta, and the president’s growing concern over his term in office ending in 2024 and all what goes beyond. He cannot run again, although local media have offered the vice-presidency. All of these headaches will outweigh the United Nations and the world stage – even though they shouldn’t. After all, the continuation of the disaster in Ukraine only brings bad news to us.

Indonesia, the largest Muslim country in the world and the most populous in Southeast Asia, has long been below its weight in international politics and this year should have been the time to start rectifying that. Specifically, its foreign policy has long been based on the idea of ​​bebas-aktif – an independent and active role in world affairs.

By staying on the sidelines during a time of global crisis, Jokowi fails.

More from Bloomberg Opinion:

• Why Putin cannot harness the great strength of fascism: Leonid Bershidsky

• A surprise winner as emerging markets crash: Shuli Ren

• Can Jokowi’s shuttle diplomacy influence Russia? : Clara Ferreira Marques

(1) “The man of contradictions: Joko Widodo and the struggle to remake Indonesia”, Ben Bland, Pingouin, 2020

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Clara Ferreira Marques is a Bloomberg Opinion columnist and editorial board member covering foreign affairs and climate. Previously, she worked for Reuters in Hong Kong, Singapore, India, UK, Italy and Russia.

More stories like this are available at bloomberg.com/opinion

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[Updated] Twitter analytics not working for some users https://myrlinahermes.com/updated-twitter-analytics-not-working-for-some-users/ Tue, 20 Sep 2022 05:16:03 +0000 https://myrlinahermes.com/updated-twitter-analytics-not-working-for-some-users/ [Updated] Twitter analytics not working for some usersHere is the gist of the article in video form: New updates are added at the bottom of this story……. The original story (published August 31, 2022) follows: Twitter is one of the most popular social platforms in the world. Millions of people log on daily, either to catch up on what’s going on or […]]]> [Updated] Twitter analytics not working for some users

Here is the gist of the article in video form:

New updates are added at the bottom of this story…….

The original story (published August 31, 2022) follows:

Twitter is one of the most popular social platforms in the world. Millions of people log on daily, either to catch up on what’s going on or to share their own thoughts.

Updates on current events are grouped in Twitter trends. This feature allows users to receive relevant tweets based on their location and personal tastes.

Twitter is also a useful platform for businesses. Most major brands have their official Twitter profiles either to promote new products or to offer direct support to their customers.

Twitter analytics is one of the most useful tools available to brands or community managers on the platform. This helps them know how many interactions or views each tweet has received, among other useful metrics.

Source

Although considered a particularly useful tool for professionals, anyone can consult Twitter analytics. However, the feature is currently experiencing some issues.

According to multiple reports, Twitter analytics aren’t working because users are getting an error saying “You can only view analytics for your own tweet” when they try to access it.

Twitter analytics “You can only view analytics from your own tweet” error

Currently, many Twitter users cannot access their own analytics due to the “You can only view analytics from your own tweet” error they receive.

twitter-analytics-you-can-show-only-analytics-for-your-own-tweet-1
Source

Twitter, in typical censorship fashion, has made it impossible to see analytics on tweets you post on other pages. You can now only view data about tweets you send from your own page. I can’t wait to see how much they censor as the November election approaches.
Source

According to reports, the issue with Twitter analytics not working has been going on for at least a few days.

A request for help from a relative novice. I can no longer see my analytics. I get “you can only view analytics for your own tweets”, when I try to view my own tweets. Is Twitter screwed up or is it making fun of me? It just started a few days ago.
Source

I can’t access my Twitter analytics. Get a message I can’t see other people’s analytics when I click on my own posts. it’s been tgs for two days.
Source

No official recognition yet

The Twitter team has yet to release an official acknowledgment of the issue, so it’s unclear if they are aware of it or working to fix it.

We will monitor the situation to update this story with new related events that arise in the future.

Update 1 (September 1, 2022)

10:13 a.m. (IST): Twitter support has acknowledged the issue where Twitter analytics is not working and they are currently investigating it. However, they did not provide any ETA for the patch.

Sorry for the frustration. Our team is aware and looking into the matter. We will contact you if we need more information from you. (Source)

Update 2 (September 2, 2022)

11:03 a.m. (IST): A Redditor suggested that Twitter analytics works fine on desktop Firefox. So you can try this as a potential workaround and see if it helps.

Update 3 (September 5, 2022)

09:33 (IST): Twitter Support has suggested that those affected access Analytics through the web browser as a potential workaround until they implement a fix for this issue.

When we say “You can only view analytics from your own Tweets”, when that’s exactly what you’re trying to do 😬

Sorry about that — we’re working on fixing Tweet Analytics on iOS. For now, you can check the performance of your Tweets on the web. (Source)

Update 4 (September 6, 2022)

11:48 a.m. (IST): The Twitter app on iOS received a new update a few days ago. However, this update did not resolve the parsing issue. Therefore, users will have to wait for the next update to arrive.

Update 5 (September 7, 2022)

5:27 p.m. (IST): A Redditor has confirmed that Twitter users have been having issues with Analytics for about a month now. And yet there is no solution or ETA for the same.

Update 6 (September 9, 2022)

5:33 p.m. (IST): The Twitter app on iOS recently received a new update with v9.27. Therefore, those affected can install it and see if that fixes the problem with the scan.

Update 7 (September 12, 2022)

12:00 (IST): It’s been a few days since Twitter received a new update on iOS. However, it seems that the update did not fix the problem because new reports are still coming.

Update 8 (September 16, 2022)

5:13 p.m. (IST): In the recent acknowledgement, Twitter support said they are still investigating the issue. And yet they didn’t provide any ETA for the patch.

Sorry about that. Our team is currently investigating this issue. We will contact you if we have any questions. (Source)

Update 9 (September 19, 2022)

12:56 p.m. (IST): A new update for the Twitter app has been released on iOS with v9.28. However, this does not solve the problem with Twitter analytics.

The featured image: Twitter

PiunikaWeb began as a purely investigative tech journalism website with a primary focus on “breaking” or “exclusive” news. In no time, our stories were picked up by Forbes, Foxnews, Gizmodo, TechCrunch, Engadget, The Verge, Macrumors and many more. Would you like to know more about us? Head here.

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22-year-old goes viral for sharing employment scam nightmare and red flags https://myrlinahermes.com/22-year-old-goes-viral-for-sharing-employment-scam-nightmare-and-red-flags/ Sun, 18 Sep 2022 14:00:01 +0000 https://myrlinahermes.com/22-year-old-goes-viral-for-sharing-employment-scam-nightmare-and-red-flags/ Callie Heim was thrilled to start her marketing job at trendy self-driving car company Waymo earlier this summer. She had had a difficult year – her mother recently passed away, she came home and was adjusting to life after college. The job offer marked a turning point: ‘I was at rock bottom and felt like […]]]>

Callie Heim was thrilled to start her marketing job at trendy self-driving car company Waymo earlier this summer. She had had a difficult year – her mother recently passed away, she came home and was adjusting to life after college.

The job offer marked a turning point: ‘I was at rock bottom and felt like I was on the verge of doing some good things,’ said the aged Towson University graduate 22, at CNBC Make It.

But the excitement quickly faded when she got a message from her new employer: Before she started, she had to buy her own laptop and work phone from a company portal, and they were sending her a check for cover the costs. When the check arrived in the mail, alarm bells rang.

Heim had been scammed by a fake job offer.

“I went from excited to devastated in a month”

In a series of TikTok videos that have since gone viral, Heim recounts how she applied for the job through LinkedIn’s “Easy Apply” feature and went through what seemed like a normal, if not promising, interview process. First, she answered a few questions about her experience marketing through Wire, an encrypted messaging app she was told to download (a red flag, she says now).

She was invited for a phone interview the next day, where the interviewer said the job would involve getting a computer and a phone to do her job remotely. She then got another phone call the next day with an offer (red flag #2, Heim says).

After a few more conversations, Heim filled out employment forms, submitted a scan of his driver’s license, and sent in his banking information to prepare for direct deposit. Then she was told that she would have to buy her household equipment in advance and that she would be reimbursed later.

In reality, it’s called a fake check scam, where scammers hope you’ll send them money and “repay” yourself with an NSF cheque. Sometimes they’ll send a check first, tell you to deposit it, and hope you buy your gear (in effect, send them money) before the check bounces.

Luckily, Heim realized the scam once the check arrived. (“it looked so airbrushed,” she says) and before she sent money to the scammers. But she had to immediately close her compromised bank account and freeze her line of credit.

Heim describes the experience as humiliating and a blow to his confidence. She also felt embarrassed that the news she was so excited for and shared widely with her friends and family was not real. “I went from excited to devastated in a month,” Heim says.

The experience was emotionally draining, to say the least, but Heim considers herself lucky not to have lost any money in the process.

Red flags of a job scam

Americans were defrauded of $86 million due to bogus deals and fake jobs opportunities in the second quarter of 2022, according to the Federal Trade Commission. People reported almost 21,600 incidents of business and job opportunity scams during this period, about a third of which resulted in financial loss.

Employment scams have been a persistent problem, but have increased in 2020 as criminals take advantage of people who have lost their jobs due to Covid, Rhonda Perkins, attorney and chief of staff of the Marketing Practices Division of the FTC, Make It told CNBC in June.

Employment scams take various forms: bad actors can pose as a recruitment or temp agency and charge a fee for their services; list fake mystery shopping, government or postal jobs; or post reshipping and requalification scams on the false promise of earning money from home.

Or, they can impersonate a reputable employer and create a fake website or post fake listings on job search sites, like what happened to Heim.

The FBI says these are warning signs to watch for throughout the hiring process:

  • Interviews are not conducted in person or via a secure video call, but rather on a teleconferencing app using an email address instead of a phone number
  • Potential employers contact victims via non-professional email domains and teleconferencing apps
  • Prospective employers require employees to purchase start-up equipment from the company or pay for background checks
  • Prospective employers ask for credit card information
  • Jobs appear on job boards, but not on the company’s website
  • Recruiters or managers don’t have profiles on the job board, or the profiles don’t seem to match their roles

Lessons learned

After getting scammed, Heim took a few weeks off to apply for jobs but is back in the market with newfound vigilance.

For one thing, she makes sure to check that any job postings she sees on sites like LinkedIn or Glassdoor match those on the company’s website. But that can be tricky because anyone can spoof a real website – the scam she fell for was modeled after a real job listed on Waymo’s hiring page – so you have to be extremely careful, says -she.

Take it a step further by searching for the name of the company or person contacting you, as well as the words “scam”, “review” or “complaint”, says Perkins. Run the company or recruitment agency through the Better Business Bureau directory.

You can also contact the employer directly, using information you found on your own (for example, not an email or phone number provided to you via an unsolicited message), to verify the job legitimacy and how to apply.

“It’s tempting to use LinkedIn’s ‘Easy Apply’ feature to quickly apply for a bunch of jobs, but if you take the time to write your cover letters and contact the company directly, you might be more successful,” adds Heim.

She also knows that “if someone asks you for financial information before you’re hired, it’s forbidden.” Employers won’t ask for your social security number until after you’re hired, and you should always be vigilant to confirm their identity in person or via video before sharing it.

“It’s the worst way to learn a lesson, but it taught me to be naive on the internet,” adds Heim. “You never know who you’re actually talking to.”

What to do if you’ve been scammed

If you see or lose money from an employment scam, Perkins says to report it to the FTC at ReportFraud.ftc.gov. And if you’re concerned that you’ve become a victim of identity theft, you can report it and get a personalized recovery plan from the FTC at IdentityTheft.gov.

LinkedIn has many resources to help job seekers spot and avoid scams, including taking extra precautions for work-from-home jobs. A LinkedIn spokesperson said fake profiles and fraudulent activity are against its usage policies, and the platform uses “automated and manual defenses” to detect and address violations. “Whenever we find such material, we strive to remove it quickly and constantly invest in new ways to improve detection. We also encourage members to report anything that does not appear to be correct, so that we can investigate. .”

Wire, the messaging app, claims to be aware that fraudsters are using the app for work-related scams. He reminds candidates that they should never be asked to buy their own work equipment and if in doubt, they should contact a senior company official to ask if this is standard business practice. .

Waymo says all interviews with the company are “conducted in person or via video conference and never via email, Telegram or other platforms”, and notes best practices on its hiring page, according to a statement provided to CNBC Make It. “We also work with cybercrime experts and alert career site anti-fraud departments when we discover fraudulent accounts, with the aim of having them removed as quickly as possible.”

Heim feels good to share his story now. “My friends and I joke about it now, but back then it was a blow to my confidence and my ego.” Her confidence has returned now that she has a few job leads in hand (some recruiters have even reached out in response to her videos) and backed by positive responses indicating she has made a difference.

“People came up to me and said, ‘Oh my god, I was just on the Wire app this morning interviewing for a job. Now I’ve blocked and deleted that number.’ It makes me feel good to hear that I helped them,” says Heim.

Check:

Americans lost $68 million to job scams this year – here’s what to look for

The best RTO benefit that no one is talking about? office gossip

‘It’s about fairness and respect’: California may soon pass new pay transparency law

Register now: Be smarter about your money and your career with our weekly newsletter

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Local businesses have an interesting connection to the royal court https://myrlinahermes.com/local-businesses-have-an-interesting-connection-to-the-royal-court/ Fri, 16 Sep 2022 22:06:00 +0000 https://myrlinahermes.com/local-businesses-have-an-interesting-connection-to-the-royal-court/ PARKERSBURG, West Virginia (WTAP) – As the Queen will be laid to rest on Monday, some royal connections to Ohio’s Central Valley have been unearthed. Kreinik Manufacturing is a local company that creates threads and threads for seamstresses, crafters, fly fisherman and more. AS Elizabeth II will be laid to rest on Monday after more […]]]>

PARKERSBURG, West Virginia (WTAP) –

As the Queen will be laid to rest on Monday, some royal connections to Ohio’s Central Valley have been unearthed.

Kreinik Manufacturing is a local company that creates threads and threads for seamstresses, crafters, fly fisherman and more.

AS Elizabeth II will be laid to rest on Monday after more than 70 years as Queen of England, the owner of Kreinik claims his company has helped sew an interesting link between the Queen, the Royal Family and the Mid-Ohio Valley.

Doug Kreinik says the company was contacted after the 1992 fire at Windsor Castle. He said Hampton Court or Windsor Castle contacted them about their metal fibers.

The company makes synthetic threads that look like real gold. It is with this thread that the court wanted to make pompoms.

He said that the company was known all over the world and at that time they were the only ones making this type of yarn.

Kreinik Manufacturing supplied synthetic gold fiber for the Royal Court in 1992.(Alexa Griffey)

“So I think either these tassels were used at Buckingham Palace so people wouldn’t steal them. Or they were used as pom poms all over Windsor Castle. But the Queen would have approved of anything.

Although he doesn’t remember much of the 1992 interaction, he does remember his visit.

“We did… Him, me and my sister-in-law went to Hampton Court to watch them sew. It was really fascinating. It would have been after we sent them stuff.

The company has many other great connections to other bands, shows, and movies, including Game Of Thrones, Abraham Lincoln Museum, Paris and Swedish Operas, and Hocus Pocus Two.

Owner Explains Wires Used In Game Of Thrones Episodes
Owner Explains Wires Used In Game Of Thrones Episodes(Alexa Griffey)

You could say that this local business has made its way into history in more than one way.

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Adobe’s high-quality business model is worth a look (ADBE) https://myrlinahermes.com/adobes-high-quality-business-model-is-worth-a-look-adbe/ Wed, 14 Sep 2022 14:41:00 +0000 https://myrlinahermes.com/adobes-high-quality-business-model-is-worth-a-look-adbe/ David Tran By the Valuentum team Adobe Inc. (NASDAQ:NASDAQ: ADBE) is worth keeping on your radar as ADBE shares have sold off aggressively year-to-date, though its underlying business model remains rock-solid and is backed by a flawless record. Thanks to our company’s cash flow analysis process, which we’ll discuss in detail in this article, we […]]]>

David Tran

By the Valuentum team

Adobe Inc. (NASDAQ:NASDAQ: ADBE) is worth keeping on your radar as ADBE shares have sold off aggressively year-to-date, though its underlying business model remains rock-solid and is backed by a flawless record. Thanks to our company’s cash flow analysis process, which we’ll discuss in detail in this article, we assign Adobe a fair value estimate of $580 per share, well above the company’s current value at time of writing this article. Bearing that in mind, Adobe’s shares have come under fire as concerns over its near-term financial performance cloud its promising longer-term growth track.

Key Adobe Investment Considerations

Investment Considerations

Image source: Valuentum

Adobe is one of the largest software companies in the world. The company’s flagship offering in its digital media business is Adobe Creative Cloud, which allows customers to download the latest version of Adobe Creative Suite products. The company also continues to focus on digital marketing solutions. It was founded in 1982 and is based in San Jose, California.

About 90% of Adobe’s revenue comes from recurring sources. Please note that Adobe’s fiscal year ends in late November or early December. We appreciate its potential for margin expansion and prospects for sales growth as recurring revenue continues to grow. Recurring revenue streams provide great visibility into Adobe’s future financial performance and translate into stronger cash flow profiles. Adobe continues to gain momentum when it comes to Creative Cloud subscriptions, and we like this subscription-based recurring model. Adobe Marketing Cloud is becoming a favorite among CMOs as digital marketing bookings continue to grow at a healthy pace. The company expects years of growth ahead of it.

Adobe is investing in its artificial intelligence capabilities to help its customers by providing enhanced automation features across all of its offerings. The company is well positioned to capitalize on the proliferation of e-commerce around the world, particularly through its “Adobe Experience Cloud” suite of products and services.

Financial Update and Guidance Commentary

Adobe’s cash-rich business model rejects excess amounts of capital. Traditional free cash flow (defined as net operating cash flow less capital expenditures) has averaged ~$5.6 billion over the past three fiscal years (2019-21), helping to repurchase approximately $9.8 billion of treasury stock during this period. Its asset-light operations provide significant free cash flow generation due to its relatively modest capital expenditure requirements to maintain a given level of revenue. Adobe does not pay a common dividend at this time because management prefers to invest in the company and buy back shares.

On June 16, Adobe announced results for the second quarter of fiscal 2022 (period ended June 3, 2022) that exceeded consensus high and low estimates. Its GAAP revenue grew 14% year-over-year to $4.4 billion, helped by its subscription revenue growth of 16% year-over-year in the second fiscal quarter. Adobe’s GAAP operating income increased 9% year-over-year to $1.5 billion in the second quarter of the fiscal year, as growth in its operating expenses reduced growth of his income. The company’s GAAP diluted EPS reached $2.50 in the second quarter of the fiscal year, up 7% year-over-year, as a higher provision for corporate taxes was was offset to some extent by a reduction in its number of diluted shares outstanding.

Adobe exited June 3 with $5.3 billion in cash, cash equivalents, and short-term investments versus $0.5 billion in short-term debt and $3.6 billion in long-term debt. long-term properties for net cash of approximately $1.2 billion. The company generated $1.9 billion of free cash flow in the first half of fiscal 2022 while spending a negligible amount on acquisitions and repurchasing $1.2 billion of its stock. We appreciate Adobe’s ability to generate substantial free cash flow in almost any operating environment.

However, Adobe lowered its guidance for fiscal year 2022 in its second quarter earnings update. The company now expects total revenue to reach ~$17.65 billion compared to guidance of ~$17.9 billion released during its fourth quarter fiscal 2021 earnings update. Adobe now expects to generate approximately $9.95 of GAAP EPS (vs. ~$10.25) and ~$13.50 of non-GAAP adjusted EPS (vs. ~$13.70) in fiscal 2022.

Please note that its latest total revenue and non-GAAP EPS guidance still calls for annual growth of 11% and 8%, respectively, while its latest GAAP EPS guidance calls for a slight year-over-year decline. ‘other. Foreign currency headwinds are a big reason why Adobe lowered its guidance for fiscal year 2022, keeping an eye on the strength of the US dollar seen lately. Additionally, its earnings forecast has been negatively impacted by an expected increase in its effective corporate tax rates. Additionally, Adobe’s business faces near-term headwinds from its decision to halt all new sales in Belarus and Russia. We view them primarily as special items that do not reflect Adobe’s underlying performance.

In our view, Adobe’s business model remains rock solid and its underlying growth trajectory remains intact (its revenue is expected to continue to grow at a healthy pace this fiscal year and its adjusted earnings, which removes a part of the impact of the aforementioned special items, are also expected to grow at a healthy pace in fiscal 2022). The company’s free cash flow generating capabilities are impressive, and its pristine balance sheet provides Adobe with enough firepower to buy back its shares while continuing to invest in the business. We view his stock buybacks favorably given that ADBE shares have been trading well below their estimated fair value for some time and continue to do so at the time of writing.

Analysis of Adobe’s economic benefits

The best measure of a company’s ability to create value for its shareholders is expressed by comparing its return on invested capital [‘ROIC’] with its weighted average cost of capital [‘WACC’]. The gap or difference between ROIC and WACC is called the economic profit gap of the firm. Adobe’s historical 3-year return on invested capital (excluding goodwill) is 91.4%, which is higher than its cost of capital estimate of 8.4%.

In the chart below, we show the likely trajectory of ROIC in the coming years based on the estimated volatility of the main drivers of the metric. The solid gray line reflects the most likely outcome, in our view, and represents the scenario that results in our estimate of fair value. Adobe has always been a strong driver of shareholder value and we expect this to continue to be the case over the coming years.

Adjusted return on invested capital

Image source: Valuentum

Adobe Cash Flow Valuation Analysis

Cash flow generation

Image source: Valuentum

Our discounted cash flow process evaluates each business based on the present value of all future free cash flows, net of its balance sheet considerations. We believe Adobe is worth $580 per share with a fair value range of $464.00 to $696.00. ADBE shares are trading below the lower end of our fair value estimate range at the time of this writing, indicating that the company’s shares are currently undervalued.

The short-term operating forecasts used in our business cash flow models, including revenues and earnings, do not differ materially from consensus estimates or management guidance. Our model reflects a revenue compound annual growth rate of 12.4% over the next five years, a pace lower than the company’s historical 3-year compound annual growth rate of 20.5%. Our model reflects a projected 5-year average operating margin of 46%, which is above Adobe’s 3-year average. Beyond year 5, we assume that free cash flow will grow at an annual rate of 6.4% for the next 15 years and 3% in perpetuity. For Adobe, we use a weighted average cost of capital of 8.4% to discount future free cash flow.

Valuation assumptions

Image source: Valuentum

Rating Breakdown

Image source: Valuentum

Adobe Headroom Analysis

Range of potential results

Image source: Valuentum

Although we estimate Adobe’s fair value at around $580 per share, each company has a range of likely fair values ​​created by the uncertainty of key valuation factors (such as future revenue or earnings, for example). After all, if the future were known with certainty, we wouldn’t see much volatility in the markets, as stocks would trade precisely at their known fair values.

In the chart above, we show this likely range of fair values ​​for Adobe. We think the company is attractive below $464 per share (the green line), but quite expensive above $696 per share (the red line). Prices that fall along the yellow line, which includes our estimate of fair value, represent a reasonable valuation for the business, in our view.

Final Thoughts

Adobe shares are down about 30% year-to-date, and we think the selloff is overdone. While Adobe faces a variety of near-term hurdles, from inflationary pressures to headwinds resulting from rising geopolitical tensions, the company’s long-term growth track remains firmly intact. The company is a great free cash flow generator with a healthy balance sheet, and Adobe will likely continue to take advantage of its year-to-date decline in its share price to buy back “gobs” of its stock in the future. coming. Adobe deserves to be kept on your radar as an opportunity for capital appreciation.

This article or report and any links it contains are for informational purposes only and should not be considered a solicitation to buy or sell securities. Valuentum is not responsible for any errors or omissions or results obtained from the use of this article and assumes no responsibility for how readers may choose to use the content. Assumptions, opinions and estimates are based on our judgment as of the date of the article and are subject to change without notice.

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Kennesaw State Entrepreneurship Center Funds Student Tech Startups https://myrlinahermes.com/kennesaw-state-entrepreneurship-center-funds-student-tech-startups/ Mon, 12 Sep 2022 13:17:04 +0000 https://myrlinahermes.com/kennesaw-state-entrepreneurship-center-funds-student-tech-startups/ KENNESAW, Georgia | Sep 12, 2022 Kennesaw State students leverage what they learn from professors at the Robin and Doug Shore Entrepreneurship and Innovation Center and investments from the Mookerji Innovation Fund to create technology and engineering projects, develop software ideas, and start businesses that solve consumer problems. The Shores, who are longtime supporters of […]]]>

KENNESAW, Georgia | Sep 12, 2022

Kennesaw State students leverage what they learn from professors at the Robin and Doug Shore Entrepreneurship and Innovation Center and investments from the Mookerji Innovation Fund to create technology and engineering projects, develop software ideas, and start businesses that solve consumer problems.

The Shores, who are longtime supporters of KSU, established the Entrepreneurship Center at the Michael J. Coles College of Business with a major gift in 2016. Since then, the couple and faculty at the center have continued to work to expand its reach.

“We see exciting and innovative ideas from students and alumni, and it empowers them to pursue their passions, become their own bosses, and ultimately become business owners,” said Greg Quinet, Executive Director of the Center. . “What’s exciting is that these ideas aren’t just coming from our business and entrepreneurship students.”

With the help of the Mookerji Innovation Fund, an incubator funded by donations from tech entrepreneurs Sid and Sophie Mookerji to bolster the work of the entrepreneurship center and its faculty, students can acquire capital, work contracts or other start-up business needs. -ups from the ground. The Mookerjis established the fund in 2020 and recently contributed $600,000 to make more grants available for student and alumni projects in future years.

Students and recent graduates can apply for Mookerji Innovation Fund grants for their start-up business or product idea for amounts ranging from $5,000 to $20,000. Until now, businesses started by students and alumni have ranged from cutting-edge technology to consumer product development.

Train while playing

Brannan Vitek grew up in Gainesville, Georgia, known as the “poultry capital of the world.” Meatpacking is the main industry there, but it wasn’t something he was interested in.

Brannan Vitek

At Kennesaw State, Vitek (’20) studied game design and hoped to one day work for a video game development company, never thinking that gaming had a role to play in poultry factories. After taking Quinet’s Entrepreneurial Mind course in 2019, starting a business seemed so attainable that Vitek looked for ways to turn his passion for game design into a business.

Today, Vitek runs Apex Innovations, a company that created a virtual reality game to introduce students at Lanier Technical College in Gainesville to the basics of operating and maintaining ammonia refrigeration systems, the type used in poultry processing plants in the region. Students virtually learn the basics of refrigeration systems through play before moving on to hands-on training with working models.

“The Entrepreneurial Mind course changed my journey from programmer to entrepreneur,” Vitek said. “The course explained the process of starting a business and showed me how I could do it without any debt and how to choose a market.”

The Vitek team originally received a $2,500 grant and has to date received $7,500 in seed funding.

“The Mookerji grant went to software licenses and paychecks. We had purchased our VR headsets and started programming ahead of time, so having the extra cash was a boost to our peace of mind during the seven months of developing the ammonia game,” said Vitek.

In addition to its contract with Lanier Technical College for refrigeration training, Vitek said its team is also developing virtual reality hazardous materials, forklift and heavy machinery training for the college.

Enter a growing market

Sean Feeser, a 2020 KSU graduate, had a similar experience to Vitek in his entrepreneurial journey. Feeser said he expected to land a programming job after school with no plans to run his own business.

Vertical offset

During an entrepreneurship course with Quinet, Feeser met Ben Snowden (’21), another game design student, and together they began working on a virtual reality video game. They recognized they had an opportunity to tap into an emerging market.

“We were already playing with virtual reality while we were in school, so it seemed like a natural fit,” Feeser said. “When looking for VR games, you don’t have as many choices as other types of games and consoles.”

After receiving a grant from the Mookerji Innovation Fund, Feeser and Snowden brought in a team of contractors to polish the core development of their game, Vertical Shift. In the game, players fly through dense cityscapes on perilous missions.

Since its first launch in the summer of 2021, Vertical Shift has grown from 20,000 downloads and an average of around five players at any time of day to 160,000 downloads and around 3,700 daily active users. Feeser says support from KSU’s Entrepreneurship Center and the Mookerji Fund made this possible.

“Mookerji was spectacular supporting us early on,” Feeser said. “With the help of the grant, we were able to take something that started out as an academic project and turn it into a full-fledged professional product.”

Frustration sparked innovation

Brighton Swales, a mechatronics engineering student who plans to graduate in the spring of 2023, was frustrated with the tops available for his Jeep Wrangler. In his opinion, soft tops let in too much outside noise, while hard tops take too long to put on and take off. So he decided to create a hybrid top that he says solves both problems.

Brighton Wales
Brighton Wales

Swales, who enrolled at KSU after eight years in the US Navy, with help from the Shore Entrepreneurship and Innovation Center and the Mookerji Innovation Fund, started a company called Swales Innovation to develop and commercialize his invention.

“I’ve had a bunch of ideas throughout my life, but I was like, ‘I’ll run with this one and see where it goes,'” Swales said.

Swales began developing a prototype Jeep roof that would have a hardtop exoskeleton with the convenience features of a soft top. Even better, the removal from the top will be automated, he said.

Creating this prototype took more than two years and is expected to cost around $100,000, and Swales said he has already invested around $30,000 of his own money in the work. So the news that he would receive $5,000 from the Mookerji Innovation Fund to acquire the intellectual property rights to his prototype is welcome, he said.

“The Mookerji Fund and the Shore Entrepreneurship and Innovation Center are some of the best programs I’ve heard of for college entrepreneurs,” he said. “The feedback and advice I received helped me solve unforeseen problems and gave me sound advice on resources to use. Plus, I can tell how invested advisors are in my success. »

Swales’ prototype is still in development, with the goal of installing it on his own vehicle this fall. Swales said that once he was happy with his prototype, he would look to scale up production.

“Our entrepreneurship center offers students of all majors a place to develop their ideas while receiving expert support from faculty and even funding for student projects,” Quinet said. “The Entrepreneurship Center and KSU have created an environment conducive to the development, funding and growth of high-potential businesses.”

–Thomas Hartwell
Photos of Matt Yung, David Caselli, submitted

Related stories

A leader in innovative teaching and learning, Kennesaw State University offers undergraduate, graduate, and doctoral degrees to its nearly 43,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia. The university’s vibrant campus culture, diverse population, strong global connections, and entrepreneurial spirit attract students from across the country and around the world. Kennesaw State is a Carnegie-designated (R2) doctoral research institution, placing it among an elite group of only 6% of US colleges and universities with R1 or R2 status. For more information, visit kennesaw.edu.

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Netflix is ​​getting Assassin’s Creed on mobile and two more Ubisoft games https://myrlinahermes.com/netflix-is-getting-assassins-creed-on-mobile-and-two-more-ubisoft-games/ Sat, 10 Sep 2022 22:01:14 +0000 https://myrlinahermes.com/netflix-is-getting-assassins-creed-on-mobile-and-two-more-ubisoft-games/ A new Assassin’s Creed mobile game is coming exclusively to Netflix alongside two other mobile titles, Ubisoft announced on Saturday. The games will live on the Netflix mobile app and feature original content crafted by Ubisoft, all building on existing franchises. Along with an Assassin’s Creed title, Ubisoft is working on a Valiant Hearts game, […]]]>

A new Assassin’s Creed mobile game is coming exclusively to Netflix alongside two other mobile titles, Ubisoft announced on Saturday. The games will live on the Netflix mobile app and feature original content crafted by Ubisoft, all building on existing franchises.

Along with an Assassin’s Creed title, Ubisoft is working on a Valiant Hearts game, slated for January 2023. The game will be a sequel to 2014’s “Valiant Hearts: The Great War,” featuring a new story by the same team. He’s also creating a sequel to the action, hack-and-slash role-playing game “The Mighty Quest for Epic Loot.” Called “The Mighty Quest”, the new title is inspired by the roguelike genre and will be released next year.

Games won’t include ads or in-app purchases, though Netflix plans to keep titles locked for subscribers only. Ubisoft declined to share how it will generate revenue from the partnership. The Assassin’s Creed title is for the cross-promotion of the live-action television series, first announced in 2020.

“Netflix doesn’t take a lot of big hits like this, but when they do, they support them and they commit to them. And they understand that the journey can be a long one, especially with games, where it takes years to make games,” Mike Verdu, vice president of games at Netflix, said of the company’s approach to games in an interview with The Washington Post.

The future of Ubisoft: company executives explain what awaits the video game giant

Market analysts have highlighted the dismal adoption rates of the Netflix game, as reported by a third-party app analytics firm. Netflix declined to share the number of users playing its games.

“Netflix has so far only managed to convince 1.7 million of its 221 million subscribers to play games on its platform daily,” said Joost van Dreunen, senior lecturer in commerce. games at NYU Stern School of Business. “That’s a relatively low conversion rate and the reason Netflix will claim they’re playing the long game. They run the risk of spending a lot of money on content that doesn’t significantly improve their business, particularly given the lack of clear revenue models for any of the titles announced by Ubisoft.

On September 6, Ubisoft announced that Chinese gaming giant Tencent had invested around $304 million in its major shareholder. The two companies have a strategic partnership, which covers the development of select Ubisoft mobile games, as well as the launch of PC titles in China.

Although Ubisoft has released dozens of mobile games in the past, it often shuts down its services over time. Of the dozen Assassin’s Creed mobile titles released by Ubisoft, the only one currently available on Android and Apple operating systems is the role-playing adventure game “Assassin’s Creed Rebellion”. Ubisoft shut down “Mighty Quest for Epic Loot” in 2016, after thanking players for their time.

“Of course, for any game there is a cycle. So we can terminate a game when there are not enough users to come to the game,” said Jean-Michel Detoc, mobile director from Ubisoft. “We see potential for replayability of [the upcoming] games that can last for very long years.

Detoc added that Ubisoft decided to move forward with these franchises after discussions with Netflix about what would best suit its audience.

“We think Valiant Hearts is definitely something that Netflix’s mainstream audience can enjoy,” Detoc said. “It will be [set] in the First World War and it will be a follow-up to the previous one. This narrative and linear game can really suit users.

Can video games handle Nazism and its consequences with tact? These Czech historians say yes.

Netflix’s Verdu said players of its games enjoy all genres and have varying tastes.

“Our best games are very different. What you can tell is that it’s an audience that appreciates variety. When you look at Assassin’s Creed, it’s pretty obvious that we’d like to work with Ubisoft to bring that to the platform. -shape,” Verdu said. “We look for games and franchises that have lasting value and a special place in people’s hearts that may not have been a perfect fit for the unforgiving free-to-play ecosystem. .”

Netflix’s games live in its mobile streaming app and have an inelegant solution around Apple’s app stores under its App Store rule: users can click on a game on the Netflix app, then be redirected to the App Store to download the game. If users already own the titles, tap the game icons in the Netflix app to launch those games.

Verdu admitted that Netflix hasn’t marketed its games in a very visible way. The row of titles is only visible when users scroll through the mobile app.

“You’ll see some changes in the coming months that will give games a bit of a higher profile on the service, which is good,” Verdu said, referring to Netflix’s plans to improve its mobile games platform.

He added that in the long run, Netflix would like to use its algorithmic recommendations it’s known for with TV shows and movies to offer audience members game suggestions.

“We believe that with great personalization and recommendations, we can put games in front of them that are highly relevant to our members and will really unlock discovery over the long haul, in a really deep way,” Verdu said. “That said, it’s going to be a long time before you see that flower on the platform.”

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European markets set to rally slightly after record ECB rate hike https://myrlinahermes.com/european-markets-set-to-rally-slightly-after-record-ecb-rate-hike/ Fri, 09 Sep 2022 06:22:00 +0000 https://myrlinahermes.com/european-markets-set-to-rally-slightly-after-record-ecb-rate-hike/ European markets looked set to open slightly higher on Friday as investors react to a record rate hike from the European Central Bank and further comments from Federal Reserve Chairman Jerome Powell. On Thursday, the European Central Bank announced an interest rate hike of 75 basis points, bringing its benchmark deposit rate to 0.75%. The […]]]>

European markets looked set to open slightly higher on Friday as investors react to a record rate hike from the European Central Bank and further comments from Federal Reserve Chairman Jerome Powell.

On Thursday, the European Central Bank announced an interest rate hike of 75 basis points, bringing its benchmark deposit rate to 0.75%. The bank also revised its inflation expectations upwards – to 8.1% on average in 2022 – and said it planned to raise rates further as “inflation remains far too high and is expected to remain above target for an extended period”.

Meanwhile, the Fed’s Powell said on Thursday that the US central bank would raise rates to fight inflation “until the job is done.”

“History strongly cautions against premature policy easing,” Powell told the Cato Institute, a Washington, D.C.-based libertarian think tank. “I can assure you that my colleagues and I are strongly committed to this project. and we will remain there until the task is finished.”

Asia-Pacific markets were up as investors digested the flurry of news from central banks, and US stock futures were also in the green.

Meanwhile, world leaders paid tribute to Queen Elizabeth II, after Britain’s longest-serving monarch died on Thursday at the age of 96.

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How to contact the politicians most likely to respond | Opinion https://myrlinahermes.com/how-to-contact-the-politicians-most-likely-to-respond-opinion/ Mon, 05 Sep 2022 14:00:00 +0000 https://myrlinahermes.com/how-to-contact-the-politicians-most-likely-to-respond-opinion/ Crack an egg and find a double yolk inside. Correctly guess a four-digit pin code. Being struck by lightning. These are all events more likely to occur than the average person able to meaningfully communicate a concern or idea with their representatives in the United States Congress. If that sounds like a stretch, consider that […]]]>

Crack an egg and find a double yolk inside. Correctly guess a four-digit pin code. Being struck by lightning.

These are all events more likely to occur than the average person able to meaningfully communicate a concern or idea with their representatives in the United States Congress.

If that sounds like a stretch, consider that a single member of the United States House of Representatives today represents about 700,000 people. Consider further their time constraints, the amount of media attention they receive and a host of other practical factors, and one thing becomes clear – it is difficult for the average person to have influence on a national level.

At the state level, the chances of having an impact are considerably better, but you have to be strategic. For example, here in Utah, the 45-day legislative session is moving at a breakneck pace. If you ask your representatives, they’ll tell you how full their inboxes are, how flooded their cellphones are, and how difficult it is to find time to meet or speak with voters during the session. .

Wanting to make a difference but running into practical obstacles can be frustrating. However, there is places where it is relatively easy to have influence:

  • Your town or city council.
  • Your county commission or council.
  • Your school board.
  • Your special water district (or other).

yes i am talking about your local governments – the place where officials don’t just decide the name of the next city park. In fact, these officials set policies that impact home prices, determine whether businesses want to locate in your city, set budget priorities, and literally affect our backyards.

To understand how easy it would be to start engaging on an issue you care about, consider the following:

If you were to visit your city’s website to look up your council member information, a phone number and email address are likely available. Also, if you’ve called their number, chances are it’s the council member’s personal cell phone – and they’ll just pick up the phone and say hi. There’s no team of overworked employees and no automated system asking you to press one to speak to a representative. It’s such a stark contrast to dealing with the government at the federal level that the candor can be surprising.

Also, assuming you are friendly and reasonable in your approach, your board member will likely want an in-person meeting to discuss your issue in detail. Chances are you are one of the small handful of voters who have contacted them in the past two months.

In short, your local elected officials are not suffering from excessive voter engagement. On the contrary, they suffer from below commitment and likely have the ability to take a genuine interest in your concerns or ideas.

This does not mean that there are no difficulties in engaging in local politics. For example, it will take some effort to learn things like the relationship between your town’s planning commission and the council, what authority your county commissioner has (and doesn’t have), and what a “plan” is. general” or even “adjustment advice” is.

Beyond that, while your official may be supportive of your idea, they can understand that the rest of the board or commission would oppose it. There are also procedural and regulatory hurdles to overcome, and your officials may not be able to take on and resolve your issue in a timely manner.

Despite the potential complications when dealing with local government, compared to Washington, DC, your ability to have influence couldn’t be more different. Your reps’ offices aren’t thousands of miles away, and you won’t be stopped at the proverbial (or literal) door.

So the next time you feel that sense of futility or pessimism following what’s happening in Washington, DC, consider taking a break and trying your own backyard.

Lee Sands is the local government policy analyst at the Libertas Institute.

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