Meta Makes Verification Available For US Users
Meta has begun testing a paid verification option for Facebook and Instagram users in the US. This follows a successful trial in Australia and New Zealand, with plans for a gradual rollout to more American users in the coming weeks.
Starting at $11.99 per month for web users and $14.99 monthly for mobile users, the goal of Meta Verified is to increase authenticity and security on both platforms. CNN notes users must provide a government ID matching their profile name and picture and be at least 18 to get a blue badge.
The subscription bundle offers account protection, support, and increased visibility on Instagram and Facebook. With this move, Meta joins the ranks of other platforms with subscription models, such as Discord, Reddit, YouTube, and Twitter Blue. The social media giant seeks to diversify its revenue streams amid challenges facing its core ad sales business.
Meta’s long-term goal for the subscription service is to provide value to creators, businesses, and the community. The subscription service also offers proactive monitoring for impersonation accounts and continuous monitoring for reported violations.
Per Meta’s post about the program, Users can visit Mark Zuckerberg’s Meta Channel on Instagram for more information about Meta Verified.
See How New Learning Opportunities Can Drive Employee Retention with This $50 Bundle
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
If your business is struggling with employee retention, try opening up new avenues for professional development. In a recent survey of 400 employees spanning three generations, 70% said job-related training and development opportunities influenced their decision to stay with a company.
Training your employees on advanced skills may be labor and resource intensive. But it could be a manageable cost with a subscription to StackSkills Unlimited, which gives you unlimited access to 1,000+ skills courses for life. Through April 3, you can get a lifetime subscription for only $49.97.
StackSkills can offer your employees a chance to cultivate new skills that they could put back into the company. For example, if too much of the budget is going to outsourcing IT costs, a tech-savvy worker could enroll in any of the beginner and advanced IT courses and learn about coding, cybersecurity, network management, and more.
Courses are organized by category and instructor, and there’s much to choose from. Productivity courses are a chance for employees to refine their work processes. Marketing and branding courses could help you grow your business, and the entrepreneurship courses could be a good fit for someone with management potential.
Courses can be completed anytime, and users can track their progress as they learn. There are even offerings for leisure activities like music, art, and animation. The opportunity to control their growth trajectory could encourage your employees to stick with your business.
It’s rated 4.5 stars out of five on Trustpilot and PCMag wrote, “Lifetime access to StackSkills Unlimited empowers you to discover your potential.”
Grab a lifetime subscription to StackSkills Unlimited on sale for $49.97 (reg. $1,495) through April 3 at 11:59 p.m. PT. No coupon is needed.
Prices subject to change.
The WORST Stock Market Ever!
It’s been a while since I talked to anyone enjoying the recent stock market action. Too volatile. Too illogical. No real trend. All true. However, the more we understand why this is happening the easier to diagnose what will happen from here and how we can trade our way to profits. (Spoiler Alert) I am still bearish. Gladly I still see 7 timely trades to use to make money as the S&P 500 (SPY) heads lower from here. Read on below for the full story….
I woke up 2 days ago already knowing the theme for this article:
The WORST Stock Market Ever!
That’s because this ride is more Tilt-A-Whirl than Merry-Go-Round thanks to all the volatility. Pretty soon the corn dogs, cotton candy and elephant ears are coming up. (sorry for the visuals…but needed to drive home the point 😉
Gladly if we pull back to the big picture, we can make sense of it all to chart our way to calmer shores. That is what is in store in today’s commentary.
OK…I might be kidding about this being the worst stock market ever…but it’s certainly not fun. That’s because most people are rational and want things to move ahead in a more orderly fashion. This stock market of late has been anything but that.
Up, down and all around. Not just across weeks and months…but INSIDE of a single session. This candlestick chart of the past month tells that story in spades:
So much to point out on this chart starting with us being absolutely flat month over month. This would seem to indicate that nothing of significance happened.
Now look deeper. Note how short lived all the rallies are…as well as the quick duration of the sell offs. And finally notice how big some of those candles are with tremendous intraday moves.
All that action over the past month…and nothing to show for it in the market average.
That’s where it makes sense to now look at things on a Sector level where we see a lot more diversity between winners and losers.
The obvious part is the weakness of the financials thanks to all the bad news in the banking sector. Real estate is so intra related with the banks that it’s pretty obvious why that group has taken it on the chin as well. The rest of the weaklings are a fairly Risk On groups which talks to growing fears of future economic health.
The counterpart to that is to discover that most of the Risk Off groups are near the top of the list: Consumer Defensive, Utilities, and Healthcare. The oddity is the strength of Communication Services and Tech. However, when you think of Tech as being dominated by FAANG…and they often act as a defensive group people often cling to…then you understand that the totality of this picture says it was a Risk Off month even if overall market breakeven.
Everything discussed so far explains WHAT is happening…now let’s shift to WHY.
The simple answer is to say the outlook for the economy (and thus the stock market) is unclear. Thus, each new day brings new headlines that tilt bearish today and bullish tomorrow.
Certainly, people see the threats that could lead to recession…but it keeps not happening. And that is what confuses the odds on what happens next and that lengthens this tug of war between the bulls and bears.
For example, a lot of economic data was weakening at the end of 2022. Like ISM Manufacturing under 50. And Retail Sales actually shrinking after removing inflation. This led to a large cut in corporate earnings expectations for Q1 of this year where Wall Street is currently looking for -9% earnings loss.
That steep loss doesn’t look as much in the cards when you appreciate that many thought Q1 GDP would also be in negative territory…perhaps marking the start of a new recession. And yet now as we look at the most revered GDP prediction model (GDP Now from the Atlanta Fed) that stands at +3.2% for the current quarter.
Reity, you are starting to contradict yourself. I thought you were bearish on the market?
Yes. That is true. I just wanted to make it clear WHY the market was so volatile. That being the mixed signals on the economy making bulls and bears tussle for control.
Now we have to turn our attention to the future and what is likely to happen. Here again, I want to share this simple, yet effective equation to quickly explain why I am still wearing the bear cloak. (It includes an important new addition in bold)
Higher Rates on the Way (5%+)
+ In Place AT LEAST til End of 2023
+ 6-12 Months of Lagged Economic Impact from Fed Policy
+ Banking Credit Crunch
= Fertile Soil to Create a Recession in the Future
Fed Chairman Powell talked about all of the first 4 factors at the recent rate hike announcement and press conference on 3/22. In fact, stocks were going up during the speech til he hit folks with a 1-2 hawkish punch staring with:
“It’s possible that this [banking crisis] will turn out to have very modest effects – these events will turn out to be very modest effects on the economy, in which case – and inflation will continue to be strong, in which case, you know, the path will look – might look different. It’s also possible that this potential tightening will contribute to significant tightening in credit conditions over time, and in principle, if that – that means that monetary policy may have less work to do. We simply don’t know.”
This was followed by a statement that the credit crunch IS happening and is relatively equivalent to a 25-50 point basis cut on its own. This got stocks coming down from nearly +1% session to about breakeven. And then came punch #2.
That being when a reporter stated that current surveys show that the average investor expects just one more rate hike of 25 basis points and then rate CUTS every meeting thereafter. So, are investors wrong?
It wasn’t just the words he used. It was how Powell said it. Like a disappointed parent when his kid brings home an F on the report card. (what are you not understanding here!!!).
And then he reiterated quite emphatically that their forecast still calls for NO CUTS this year. From there the S&P 500 gave up the 1% gain and tumbled all the way to -1.65% into the close.
For me the aforementioned equation starting with a hawkish Fed ends with recession at some point in the future. Clearly not Q1…but Q2 and the rest of the year are still very much into play.
Unfortunately, until investors see more PROOF of a recession unfolding then the recent trading range and extreme volatility will continue. That is why I recommend investing based upon what you predict will happen beyond that range. Again, that leans decidedly bearish in my book.
What To Do Next?
Watch my brand new presentation, REVISED: 2023 Stock Market Outlook
There I will cover vital issues such as…
- 5 Warnings Signs the Bear Returns Starting Now!
- Banking Crisis Concerns Another Nail in the Coffin
- How Low Will Stocks Go?
- 7 Timely Trades to Profit on the Way Down
- Plan to Bottom Fish for Next Bull Market
- 2 Trades with 100%+ Upside Potential as New Bull Emerges
- And Much More!
If these ideas concern you, then please click below to access this vital presentation now:
REVISED: 2023 Stock Market Outlook >
Wishing you a world of investment success!
Steve Reitmeister…but everyone calls me Reity (pronounced “Righty”)
CEO, StockNews.com and Editor, Reitmeister Total Return
SPY shares . Year-to-date, SPY has gained 3.88%, versus a % rise in the benchmark S&P 500 index during the same period.
About the Author: Steve Reitmeister
Steve is better known to the StockNews audience as “Reity”. Not only is he the CEO of the firm, but he also shares his 40 years of investment experience in the Reitmeister Total Return portfolio. Learn more about Reity’s background, along with links to his most recent articles and stock picks.
The post The WORST Stock Market Ever! appeared first on StockNews.com
Creativity Shines At The Acko Drive Awards Jury Meet For Communications and Advertising in Auto
The Acko Drive Awards for the Indian Automobile industry aim to set the highest benchmarks in this space. Being comprehensive and credible is step one! And so the awards had not one, not two but three jury meets – each specific to a set of award categories. While the first two were dedicated to testing and assessing the new bikes and cars launched in the last year, the third jury meet evaluated the work that was done around those products or their brands. These are the awards that recognise the best communication work in the automotive category – be it advertising, marketing, or public relations. It is a unique opportunity to recognise the people behind the products too!
The overwhelming response to this category of awards, meant that the jury meet had to be spread across two days. There were a range of entries from leading automotive brands and their agencies. In round one, participants had to present their entries virtually to the jury panel. Each entry was evaluated on creativity, effectiveness, and impact – as also how it was presented to the jury. The categories included Best Creative Film, Best Integrated Campaign, Best Social Media Campaign, and the Best PR & Communications Team. All categories have separate awards for both the two-wheeler and four-wheeler spaces.
The jury included Ajay Gahlaut, former Creative Head of Dentsu India, Nandini Dias, Ex-CEO, Lodestar, Siddharth Vinayak Patankar, Chief Creative Officer, Acko Tech and Vice Chairman – World Car Awards, Yogendra Pratap, Editor, Auto Today, Anita Sharma, Marketing and PR Veteran and Nikhil Chawla, Tech & Auto Expert.
The judges were impressed by the high standard of entries and found it difficult to narrow down the field to a finalists shortlist. And so, only the top 5 in each category could gain access to the final round, which was held at The Oberoi Hotel, Gurgaon. The shortlisted finalists were invited to present their entries to the jury – this time in person. The jurors discussed each category and then voted in the presence of the awards’ official tabulator – Grand Thornton Bharat. The winners would only be revealed at the awards ceremony.
The PR, Advertising, and Marketing categories highlight the importance of effective communication and marketing strategies in the automotive industry. The entries showcased not just creativity and innovative ideas, but also demonstrated the power of effective communication in driving brand awareness and sales – as indeed the value of good presentation of that messaging. The Acko Drive Awards programme acknowledges and honours the best of the industry, which is why, it is ‘The One That Matters’ or #TOTM.
Disclaimer: This article has been produced on behalf of the brand by HT Brand Studio.
- Avalanche wants to digitize all of the world’s assets on the blockchain
- Duncan Ferguson: I wouldn’t leave Forest Green for Everton or Real Madrid | Football News
- Fintech’s fortunes, DAO dreams, Asia’s reseller revival
- MASSIVE PRE-DAWN LINES Form in Waco, TX this Morning for Historic Trump Rally – Ted Nugent Announces “I Will Unleash a Fire-Breathing Star-Spangled Banner”
- BIDEN ECONOMY: Federal Government Spending UP 40% Since 2019 as Inflation Soars and Recession Looms
Entertainment2 months ago
Rita Ora On Tessa Thompson Taika Waititi Throuple Rumor
Social Media2 months ago
Meet the actor Shanu Bhutto
Social Media2 months ago
Meet Devam Divecha is a Young Successful Musical artist, Rapper and Famous Singer in India
Social Media2 months ago
Meet the digital influencer and marketer; Alex Chungath
Social Media2 months ago
How to start Career in Graphics Design with Canva?
Cryptocurrency2 months ago
An ace professional taking over the world of Forex and Trading
Social Media2 months ago
Young Entrepreneur Pratik Virkhare bringing latest trends in Digital Marketing
Technology3 months ago
The Benefits of Application Security: How It Can Help You Protect Your Business