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TheWorldNewsOrg

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    Amazon exposed customer names and emails in a 'technical error'

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    Posted

    • Some Amazon customers received an email from the company telling them their names and emails had been exposed due to a "technical error." Several customers shared the emails on social media Wednesday.
    • Amazon said the problem was resolved, but did not provide clarity on how many users were affected nor for how long.
    • In the email to affected customers, Amazon said it was unnecessary to reset passwords since it was "not a result of anything you have done."

    Amazon Pay

    in Topics

    Posted

    It's reportedly lobbying brick-and-mortar retailers to start accepting its Amazon Pay digital wallet, per the WSJ. The move would expand a service that has primarily lived online into physical retail.

    Digital wallet, (n.)—An electronic account to which consumers upload credit/debit card information. Can be used for online payments and in brick-and-mortar retail using a phone's wireless connection at a tap-and-go terminal.

    • Do a couple tap-and-go test runs at your local CVS before taking your talents to Target on Black Friday. We don't want any Brew readers getting verbally abused for holding up the line.

    Why get into digital wallets? After all, fewer than 1% of all U.S. card transactions last year used them. Well, Amazon's thinking the best time to get some skin in the game is when the competition is slim.

    And who's the competition? Mostly PayPal, Visa Checkout, and Apple Pay (which was accepted in-store at more than 5 million U.S. locations as of May), but the field's growing.

    Airbnb in the Middle East

    in Topics

    Posted

    Some in the Israeli government are calling for a boycott of the vacation rental service, and others are encouraging legal action.

    Why the backlash? Because on Monday, Airbnb said it would delist 200 properties in Israeli settlements in the West Bank "at the core of the dispute between the Israelis and Palestinians." Israel considers the territory in the West Bank disputed, while most of the world considers the settlements illegal.

    • Israel says Airbnb made a "discriminatory decision" to remove these listings, and "surrendered" to pressure from groups seeking to boycott the country—a movement known as BDS. FYI, 25 U.S. states have laws prohibiting the boycott of Israeli goods and services.
    • Palestinian authorities, human rights groups, and anti-settlement advocates applauded Airbnb's decision. One Palestinian official called it "an initial, positive step."

    Israeli newspaper Haaretz notes that Airbnb might have a difficult time enforcing its policy. It relies on Google Maps, which "makes no clear distinction between Jewish settlements and Palestinian communities in the West Bank."

    Carlos Ghosn

    in Topics

    Posted

    Screen Shot 2018-11-20 at 8.49.12 PM.png

    Nissan chairman Carlos Ghosn was arrested Monday after an internal investigation found he had allegedly been underreporting his income "over many years." He'll be booted from the board before the week's out.

    Nissan said "numerous other significant acts of misconduct have been uncovered, such as personal use of company assets." It also identified another board director, Greg Kelly, in the misconduct.

    Ghosn joined Nissan's team in 1999 and is considered the main architect of a global alliance between Nissan (-5.85%), Mitsubishi, and Renault (-8.43%). Let's untangle this (now's the time to grab your pen and paper)...

    Renault, a French automaker, owns 43.4% of Nissan. And Nissan owns 15% of Renault.

    Mitsubishi joined the party when Nissan took a 34% stake in 2016.

    Ghosn is also the CEO and chairman of Renault and the chairman of Mitsubishi.

    And while it spans countries, time zones, and cultures, the alliance has been successful. Together, these companies sold 10.6 million cars in 2017, and as a single entity they'd be considered the world’s largest automaker, per the NYT.

    Ghosn was a superstar: He earned the nickname "Le Cost Killer" in France after turning around Renault. And when he was credited with saving Nissan in Japan, he even became the subject of a comic book.

    Well, Ghosn's compensation had recently become a hot topic. He barely won shareholder support for his $8.5 million pay package from Renault in 2017. And in 2010, he became Japan's highest-paid executive.

    In total, he brought home about $17 million last year from the three alliance members, per Bloomberg.

    Ghosn's downfall is sure to put Nissan's governance under the microscope. And with Ghosn out of the picture, experts are questioning the alliance's future.

    Taylor Swift - Mean

    in Topics

    Posted

    Taylor Swift, Savvy Dealmaker

    The pop superstar has (again) shown she can bend the music industry to her will.

    Yesterday, Swift finally landed on Universal Music Group's Republic Records for her highly anticipated new contract. But on her own terms...

    Stipulation 1: If UMG sells its stake in recently public Spotify, the proceeds must be redistributed to the label's artists.

    Stipulation 2: Swift will own her own masters (aka the original recordings of her songs) going forward.

    Zoom out: Swift has used her tremendous leverage (she's got 113 million Instagram followers) to bring about change in the streaming era. She previously withheld her music from Spotify and boycotted Apple Music over their financial arrangements with artists...but Swift has since returned to both streamers after scoring wins.

    Now, Big Machine Records will join John Mayer and Calvin Harris on Swift's list of exes. And FWIW, the label—which signed Swift when she was 15—has reportedly been floating a sale for more than $300 million.

    Suicide Bomber Kills At Least 50 During Islamic Celebration In Afghanistan

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    Posted

    Mawlid or Mawlid al-Nabi al-Sharif (Arabic: مَولِد النَّبِي‎ mawlidu n-nabiyyi, "Birth of the Prophet", sometimes simply called in colloquial Arabic مولد mawlid, mevlid, mevlit, mulud among other vernacular pronunciations; sometimes ميلاد mīlād) is the observance of the birthday of Islamic prophet Muhammad which is commemorated in Rabi' al-awwal, the third month in the Islamic calendar. 12th Rabi' al-awwal[4] is the accepted date among most of the Sunni scholars, while Shi'a scholars regard 17th Rabi' al-awwal as the accepted date. 

    The history of this celebration goes back to the early days of Islam when some of the Tabi‘un began to hold sessions in which poetry and songs composed to honour Muhammad were recited and sung to the crowds. The Ottomans declared it an official holiday in 1588, known as Mevlid Kandil. The term Mawlid is also used in some parts of the world, such as Egypt, as a generic term for the birthday celebrations of other historical religious figures such as Sufi saints.

    Most denominations of Islam approve of the commemoration of Muhammad's birthday; however, some denominations including Wahhabism/Salafism and Deobandism disapprove its commemoration, considering it an unnecessary religious innovation (bid'ah or bidat). Mawlid is recognized as a national holiday in most of the Muslim-majority countries of the world except Saudi Arabia and Qatar which are officially Wahhabi/Salafi.

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