When you sign up for an ad-supported streaming service, the trade-off may seem straightforward: In exchange for watching commercials, you’ll pay lower prices (or perhaps nothing at all) . advertisement advertisement But by sitting through commercial breaks, you’re giving up more than just a few minutes of your time per hour. Smart TVs and streaming devices represent a treasure trove of data for marketers, who can learn a lot about you based on what you watch. By associating your streaming TV accounts with broader marketing profiles, advertisers can see if they’ve influenced your behavior on other devices and could potentially use that activity to further influence the ads on your TV. Ad tech experts say the data they get from streaming TV users is supercharging what’s already a booming business. The Interactive Advertising Bureau expects streaming TV ad spending to hit $21.2 billion this year, up from from $15.2 billion in 2021, AdWeek reports , … [Read more...] about How ad-supported streaming will be used to track you
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Philippines kicks off tightening cycle with first rate hike since 2018
- A + A MANILA (May 19): The Philippine central bank raised interest rates for the first time since 2018 on Thursday, joining peers around world in a rush to stem intensifying inflationary pressures that could derail the domestic economy's recovery. The central bank also said the strong rebound in domestic economic activity and labour market conditions during the first quarter "provides scope for (the central bank) to continue rolling back its pandemic-induced interventions", signalling further tightening could be expected. The Bangko Sentral ng Pilipinas (BSP) lifted the overnight reverse repurchase facility rate by 25 basis points to 2.25%, as expected by the majority of 17 economists in a May 12-16 Reuters poll. The rates on the overnight deposit and lending facilities were likewise raised by 25 bps to 1.75% and 2.75%, respectively. The BSP slashed interest rates by a cumulative 200 basis points in 2020 to help revive an economy that had plunged into recession … [Read more...] about Philippines kicks off tightening cycle with first rate hike since 2018
Shares slump as retailer warnings fuel stagflation fears
- A + A LONDON (May 19): Heavy falls in European and Asian stock markets followed Wall Street's worst day since mid-2020 on Thursday, as stark warnings from some of the world's biggest retailers underscored just how hard inflation is biting. Bond markets rallied in the dive for safety and on bets that interest rate rises may get recalibrated, but it was the gloom striking down equities after Wednesday's US$25 billion wipeout in US retailer Target's shares that dominated the action. Europe opened down 1.8%, led by a 2.2% fall in its retail sector, while scarlet red US futures and some sharp overnight drops in China tech firms put 1½-year lows back in focus for MSCI all-country world. "Target and Walmart coming out with disappointing numbers has really, really spooked people," said Close Brothers Asset Management's Chief Investment Officer Robert Alster. "We are going to see a raft of downgrades to US GDP (forecasts) now... it really looks like we are running into … [Read more...] about Shares slump as retailer warnings fuel stagflation fears
TPC Plus’ auditor flags material uncertainty over ability to continue as going concern
- A + A KUALA LUMPUR (May 19): Poultry farmer TPC Plus Bhd's external auditor Crowe Malaysia PLT has expressed an unmodified audit opinion with material uncertainty regarding its ability to continue as a going concern on the group's audited financial statements for the financial year ended Dec 31, 2021 (FY21). In a bourse filing on Thursday (May 19), Crowe Malaysia drew attention to the group's net loss of RM28.45 million for FY21. It also noted that the group's current liabilities exceeded its current assets by RM29.06 million at end-December 2021. "These conditions indicate the existence of a material uncertainty which may cast significant doubt about the group's ability to continue as a going concern," it added. In response, TPC Plus' management believes that with the existing credit facilities granted by the financial institutions, the recovery of egg selling prices as well as the subsidies of eggs to be received from the government, the group will be able to … [Read more...] about TPC Plus’ auditor flags material uncertainty over ability to continue as going concern
3 ‘creator’ soft skills that can get you hired
It wasn’t so long ago that creators were dismissed as frivolous curiosities. YouTubers and TikTokers were seen as kids with too much time on their hands and Instagram influencers as wannabe celebrities with a narcissism streak. advertisement advertisement Today, we know better. Content creation is serious business. The industry was worth $13.8 billion in 2021 with brands, marketers, and social media platforms reliant on creators to reach critical audiences. Meanwhile, creators themselves have proven they are legitimate entrepreneurs who boast some serious hard skills: photography and video editing, SEO, small business financial management, and contract negotiation. And with some, like Miss Excel Kat Norton earning six figures in a single day by hawking Excel tips on TikTok, it’s no wonder a majority of Gen Z and Millennials say they’d consider getting paid for the content they post online . But creators have also brought back into focus some of … [Read more...] about 3 ‘creator’ soft skills that can get you hired
Borneo Native Fest rolls out Kaamatan, Gawai celebrations at KL’s Central Market
What is the "piruruhon" technique? Are you familiar with Sarawak’s ngajat dances? Did you know about British/American filmmakers Martin and Osa Johnson Film Archive with 1930s footage from Borneo? How about learning woodcut printmaking from Sabah-based art collective Pangrok Sulap? The inaugural Borneo Native Festival (BNF), which takes place at KL's Central Market on May 20-22, presents three-days of cultural exhibitions, artisanal crafts, music, food demonstrations, dance competitions, talks, workshops, and film screenings by talents from Sabah and Sarawak in conjunction with Kaamatan and Gawai. The BNF’s hybrid programme will take on a mainly on-site format at Central Market. Not to worry if you cannot make it. Online activities include Krafkita, a virtual craft campaign and Kamek Bah Ni, a virtual programme that aims to educate viewers about Bornean culture. These will be posted on TikTok. Organised by non-profit organisation Sukaseni , the BNF is supported by the … [Read more...] about Borneo Native Fest rolls out Kaamatan, Gawai celebrations at KL’s Central Market
As baby formula shortage worsens, families take desperate steps
Like most new moms, 26-year-old Veronica Gutierrez's life revolves around feeding her three-month-old daughter, Alessandra. For the first month, that meant mostly formula. But that formula was hard to find. She drove from store to store, so shaken by the empty shelves she began pumping her breast milk around the clock, in hopes she could draw out enough to feed Alessandra full time. "I had just gotten home from the hospital and I was in so much pain - even just having to jump in the car trying to find the formula, I was almost in tears," Gutierrez said. "There was that uncertainty whether I was actually going to find the formula," she said. "That's why I was working every day latching her on, even if she got just a little bit, because I knew, if I didn't, I would lose my milk supply." All night, Alessandra nurses. All day, Gutierrez pumps. Still, she considers herself lucky. Unlike millions of American parents, she's no longer worried where her baby's next meal will come from. … [Read more...] about As baby formula shortage worsens, families take desperate steps
Would you be recognisable in real life based on your glamorous beauty snaps?
It's become an obsession for many. Filters and retouching apps have such an all-encompassing presence on social networks that we don't know what stars, influencers, and virtual friends actually look like. Slim down figures, give the rear end a lift, erase cellulite, wrinkles, acne, and stretch marks, and even more, to attain a fantasy beauty ideal, which is not exactly in line with the body positivity movement that advocates self-acceptance. In 2019, Chinese influencer "Your Highness Qiao Biluo" became the laughing stock of the web as the filter she used for her videos was disabled on the social network Douyu. The web celebrity, who pretended to be a young woman in her 20s, was found out to be a woman of 58 years old – which in itself isn't a problem – and her physique was completely unlike that of her fresh-faced, glamorous virtual twin. Filters and photo editing apps, which continue to proliferate like wildfire, have the ability to completely transform a person, from head to … [Read more...] about Would you be recognisable in real life based on your glamorous beauty snaps?
Separated during partition, woman reunites with brothers in Kartarpur after 75 years
Mumtaz Bibi met her brothers after 75 years at Kartarpur. (Image credit: Punjabi Sanjh TV/YouTube) Seventy-five years after she was separated from her family during violence at the time of Partition, a woman born in a Sikh family who was adopted and raised by a Muslim couple met her brothers from India at Kartarpur in Pakistan's Punjab province, according to a media report on Wednesday. At the time of Partition, Mumtaz Bibi, who was born in a Sikh family, was an infant who was lying on the body of her mother killed by a mob, the Dawn newspaper reported. A couple named Muhammad Iqbal and Allah Rakhi adopted the baby girl and raised her as their own daughter, naming her Mumtaz Bibi. After partition , Iqbal settled at Varika Tian village in Sheikhupura district of Pakistan's Punjab province. Iqbal and his wife did not tell Mumtaz that she was not their daughter. Two years ago, Iqbal's health condition suddenly turned bad and he told Mumtaz that she was not his real daughter … [Read more...] about Separated during partition, woman reunites with brothers in Kartarpur after 75 years
Alleged victim of Kim Ga-ram threatens to release evidence of bullying
Kim Ga-ram of Le Sserafim [SOURCE MUSIC] The alleged victim of bullying by Le Sserafim member Kim Ga-ram said she will reveal evidence to prove her claims are true if HYBE continues to maintain Kim is innocent. Daeryun, the law firm representing the alleged victim, said Thursday that their client does not want anything from Kim or her agency HYBE, except an apology and a new statement. The current statement claims Kim was the one who was a victim of malicious rumors and cyber bullying during her time in middle school. “All we ask for is an apology and an accurate statement to be released,” the law firm said. “However, HYBE did not respond to any of our requests and Kim debuted as a girl group member while the victim is suffering psychologically.” Daeryun said the victim attempted suicide due to extreme anxiety and fear. According to the law firm, Le Sserafim fans have been criticizing the victim online and HYBE has failed to respond to the situation “making her condition … [Read more...] about Alleged victim of Kim Ga-ram threatens to release evidence of bullying