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‘Is this a resort?’: The youngest Google employee ever describes the first time she stepped into the office as a 19-year-old

“Node CEO and founder Falon Fatemi was the youngest person Google ever hired when she got a job at age 19” writes Mark Abadi for businessinsider.com. In 2005, at the age of 19, Fatemi scored a job at Google, becoming the company’s youngest-ever employee. Source: businessinsider.com Share This:

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MUFG has hired a hedge-fund executive to run credit sales as the Japanese bank shakes up its US business

“Karabelas is a 25-year industry vet who spent 15 years in credit sales at Deutsche Bank before leaving in 2010 to run North American credit sales at BNP Paribas” writes Alex Morrell for businessinsider.com. Mitsubishi UFJ Financial Group has hired a hedge-fund executive to run credit sales as it continues to shake up its fixed income business in the US. John Karabelas, president of the credit hedge-fund Kildonan Castle Asset Management, will join MUFG in January as the head of Institutional Investor Sales in the Americas, a bank spokeswoman confirmed.MUFG…

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CEOs say they often apologize to business partners abroad for Trump’s diplomacy | Analysis

“Donald Trump may have entered the White House with a background in business, but a new survey of business leaders shows little praise for the president from his fellow executives” writes Jena Mcgregor for seattletimes.com. The survey included answers from more than 110 CEOs, nonprofit and government leaders — with the largest group of respondents leading Fortune 1000 firms — and therefore is not a random sample of business leaders’ insights.Eighty-seven percent of attendees agreed that President Trump’s negotiating style had cost the country the trust of allies, and 75…

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How Accountants-Turned-Advisors Can Manage The FinTech Deluge

“For Roman Kepczyk, director of firm technology strategy at accounting tech provider Right Networks, the SMB accounting technology space is flourishing” reports pymnts.com. Only weeks prior, ADP rolled out enhancements to its Accountant Connect platform to provide small business accountants with greater access to technologies.Instead of number-crunching, accountants — like other financial services (FinServ) providers — are now expected to provide their small business clients with advisory services and guidance.IGF Invoice Finance research found that small business owners are just as likely to Google their biggest financial questions as they are…

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British augmented reality start-up Blippar goes into administration

“Augmented reality experience maker Blippar has gone into administration” reports techdigest.tv. The British start-up, founded in 2011 by entrepreneurs Ambarish Mitra and Omar Tayeb, said it was unable to secure additional funding from one of its shareholders.Blippar’s technology allowed people to see augmented reality elements on their smartphone or tablet screen when held up to physical objects.The immersive app was used in a variety of ways, from explaining how a volcanic eruption works to schoolchildren to providing consumers with games and recipes related to the products they buy. “Blippar’s services…

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Once-hyped augmented reality startup Blippar has laid off all of its employees after collapsing into administration

“Blippar, the once-hyped British augmented reality startup, has laid off all of its employees after falling into administration” writes Shona Ghosh for businessinsider.com. The administration potentially leaves laid-off Blippar employees in a tough position before Christmas.The startup, which once claimed to be worth $1.5 billion, also said that it would wind down its augmented reality business.Blippar said its administrators, David Rubin & Partners, were seeking a buyer for all or part of its business.There is still hope for Blippar’s business and, to some degree, its employees. Source: businessinsider.com Share This:

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The incoming CEO of a $362 billion unit of Charles Schwab explains why the firm offers fewer products than rivals

“For example, the firm offers 22 exchange-traded funds and 85 mutual funds, while BlackRock lists 345 ETFs and 599 mutual funds” writes Meghan Morris for businessinsider.com. The firm hit $362 billion in assets as of August 31, with growth stemming from a focus on high-quality, low-cost products in categories that scale, de St.Charles Schwab Investment Management has seen a few years of rapid growth, tacking on $165 billion of assets in eight years – 84% growth.Like JPMorgan Asset Management, CSIM reorganized some of its fund lineup this year, combining some…

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UK economy set for slowest growth since 2009 as Brexit nears – BCC

“British economic growth this year and in 2019 looks set to be the weakest since the country’s last recession, due to a freeze in business investment and weak consumer demand ahead of Brexit, the British Chambers of Commerce forecast on Tuesday” writes Hannah Mckay for cnbc.com. The number of houses being sold was likely to fall around 5 percent next year, RICS added.The BCC said sterling’s weakness against the dollar and the euro was likely to continue to drive inflation, eating into consumers’ disposable income, while business investment was due…

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Business leaders urge May to call fresh Brexit referendum

“Dozens of senior business leaders have added to growing calls for a Final Say referendum on the Brexit outcome, telling Theresa May her deal is dead” writes Rob Merrick for independent.co.uk. The group of 53 business leaders urge the prime minister to “take her deal to the British people” if, as expected, MPs refuse to back it when they finally hold the “meaningful vote” next month.It found that 65 per cent of people back the public having “the final say on the Brexit deal” – with Conservative voters split almost…

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Germany December Ifo business climate index 101.0 vs 101.7 expected

“A minor data point on the day though” reports forexlive.com. Do be reminded the Ifo changed the indicator measurement to take into account of services data too as of April 2018.It highlights that economic sentiment towards the German economy is continuing to sour and that doesn’t bode well for confidence and investments.A measure of business conditions and sentiment/expectations towards the German economy. Source: forexlive.com Share This:

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