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UPS profit soared above $10B in ’21, sales to top $100B in ’22

UPS profit soared above $10B in ’21, sales to top $100B in ’22

By Kelly Yamanouchi, The Atlanta Journal-ConstitutionTroy Warren for CNT #BusinessUPS said its profit grew nearly ten-fold in 2021 and that revenue should top $100 billion this year, propelled by e-commerce growth and higher shipping rates.2020 was a challenging year that required the shipping giant to rapidly adjust to a surge in online shopping at the start of the COVID-19 pandemic and prepare for vaccine shipments. 2021 brought an economic rebound driving so much global traffic that it is clogging supply chains.“The external environment is challenging due to the ongoing impacts of the pandemic, labor tightness, upstream supply chain jams and…
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Pence: Trump is ‘wrong’ to say election could be overturned

Pence: Trump is ‘wrong’ to say election could be overturned

By JILL COLVIN, Associated PressTroy Warren for CNTFormer Vice President Mike Pence is directly rebutting Donald Trump’s false claims that he somehow could have overturned the results of the 2020 electionFormer Vice President Mike Pence on Friday directly rebutted Donald Trump’s false claims that he somehow could have overturned the results of the 2020 election, saying that the former president was simply “wrong.”In a speech to a gathering of the conservative Federalist Society in Florida, Pence addressed Trump's intensifying efforts this week to advance the false narrative that, as vice president, he had the unilateral power to prevent President Joe…
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10 Ways NFTs Go Beyond Digital Art

10 Ways NFTs Go Beyond Digital Art

Ellen Britt for CNT #NFT  As the NFT space matures, we are certain to see more and more innovation, as NFTs move to encompass not only digital art but practical applications as well. Earlier this year, we brought you an NFT Glossary series, where we explained in plain language some of the often obscure terms used in the NFT world.  Our New Series With this new series, we’ll be exploring the practical use cases of NFTs. While we’ll list them all out for you here, we’ll follow up with a series of articles taking a deeper dive into each one and what these new uses…
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‘Scream’ Sequel a Go From Spyglass and Paramount

‘Scream’ Sequel a Go From Spyglass and Paramount

BY AARON COUCH | HollywoodReporter.ComTroy Warren for CNT #EntertainmentThe fifth installment, released last month, has earned more than $100 million globally.Paramount and Spyglass are headed back to Woodsboro. A sixth installment of the Scream franchise has been greenlit, with the creative team from the successful 2022 film back in action.Once again, Radio Silence’s Matt Bettinelli-Olpin and Tyler Gillett will direct, with James Vanderbilt and Guy Busick returning to pen the script. Production is slated to begin this summer.“We are tremendously grateful to the fans around the world who enthusiastically received our film. We can’t wait for audiences to see what…
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Snap Reaches 319M Daily Active Users While Revenue Hits $1.3B

Snap Reaches 319M Daily Active Users While Revenue Hits $1.3B

BY J. CLARA CHAN | HollywoodReporter.ComTroy Warren for CNT #Digital  #BusinessThe parent company of Snapchat bounced back after an earnings miss last quarter.Snap reported $1.3 billion in revenue during Q4 to close out 2021, with daily active users reaching 319 million.The parent company of Snapchat forecast it would reach $1.1 billion to $1.2 billion in revenue for the quarter, while Wall Street analysts predicted revenue would reach $1.2 billion, according to Yahoo Finance. Last quarter, Snap missed the high end of its earnings projections by $3 million, which Snap CEO Evan Spiegel attributed to privacy changes on Apple’s iOS platform,…
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The Thesis that Kickstarted the Metaverse Craze

The Thesis that Kickstarted the Metaverse Craze

Troy Warren for CNT #NFT #CryptoThe Consolidated Version of Matthew Ball's ‘Metaverse Primer’– and what you can learn from it.2022 has begun with a bang, as far as the metaverse goes. So far: Walmart is getting ready for the metaverse (as is Chipotle)Meta is working on a robotic eyeball to trace your eye movements Investors continue pouring money into virtual real estate, and Animoca Brands’ valuation has risen to over $5 Billion But before the current of all things crypto and NFTs carries us away, we thought we’d take a bird’s eye view and recap influential literature on the metaverse by writer Matthew Ball.Who…
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NFTs In Games Must Take Gamers Into Account

NFTs In Games Must Take Gamers Into Account

Ellen Britt for CNT #NFT Although there has been a frenzy of positive adoption of all things NFT from industries as diverse as music, fashion, sports and even food companies, the adoption of NFTs into the video gaming industry has not been the initial smooth road some had predicted. Most people thought gamers would be early adopters of NFTs, as they are computer and tech-savvy, and are already used to spending money within games to purchase such items as skins, tools, weapons of war, and other things to make their gaming experience more enjoyable. Hey! Not So Fast!! But as NFTs began to be talked…
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Home Depot to hire 100,000 this spring

Home Depot to hire 100,000 this spring

By Michael E. Kanell, The Atlanta Journal-ConstitutionTroy Warren for CNT #BusinessOver the next three months, Home Depot will hire more than 100,000 workers nationally, including more than 6,400 people in metro Atlanta, company officials said Tuesday.A burst of hiring is a spring routine for the huge company, as do-it-yourselfers and professional contractors start new projects. But the surge will be 20% higher than normal because of dramatic growth during the pandemic in both online and in-store sales, Eric Schelling, vice president of global talent acquisition, told The Atlanta Journal-Constitution.“It is the consumer demand that is driving our hiring counts,” he…
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NATIONAL THE DAY THE MUSIC DIED DAY February 3, 2022

NATIONAL THE DAY THE MUSIC DIED DAY February 3, 2022

Troy Warren for CNT #Celebrations NATIONAL THE DAY THE MUSIC DIED DAY The Day the Music Died Day on February 3rd remembers the unfortunate and untimely death of singers 22-year-old Buddy Holly, 17-year-old Ritchie Valens, and 28-year-old J. P. Richardson, aka: “The Big Bopper.”  These three artists died in an airplane accident on February 3, 1959, near Clear Lake, Iowa. Their pilot, Roger Peterson, also perished in the crash. Buddy Holly’s band was on tour and had played at the Surf Ballroom in Clear Lake.  They were headed to their next destination in Moorhead, Minnesota.  For this leg of their…
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Virtual Mortgages Become A New Industry In The Metaverse

Virtual Mortgages Become A New Industry In The Metaverse

Ellen Britt for CNT #NFT A brand new economy powered by the Metaverse is rapidly emerging. And as virtual real estate becomes a thing, people who want to own homes and buy virtual land are turning to a new type of NFT financial instrument to finance their purchases. A New Financial Industry Is Born One such company is TerraZero Technologies, offering its first-ever Metaverse Mortage via the Decentraland platform. Clients explore listing right on TerraZero’s platform, including land, location, and prefab build options. Interested parties may also offer other NFT assets as leverage to get a mortgage and can interact with a TerraZero specialist to…
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