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Study finds that employee start-ups must balance competing forces to ensure they don’t fail

Predictive margins of founder's hierarchical position by market overlap. Credit: Journal of Business Venturing (2022). DOI: 10.1016/j.jbusvent.2022.106249 A new study, led by Bayes Business School, found that there are sizeable costs and benefits for spinouts—stand-alone new firms founded by former employees of established firms—as they try to establish themselves in the market.

FTC orders Mastercard to open debit transactions to competing payment networks

The Federal Trade Commission has ordered Mastercard to start providing competing payment networks with the information they need to process debit card payments. In a proposed enforcement action , the FTC said Mastercard had allegedly violated a provision of the Dodd-Frank act known as the Durbin Amendment by prohibiting merchants from routing transactions over alternative networks. The action targets “tokenization,” the that underpins mobile payment applications like Apple Pay, Google Pay and Samsung Pay. When you go to…

Should kids be cramming for tests or competing at sports?

"Most parents I interviewed were concerned about student stress and competition," says Tufts sociologist Natasha Warikoo. "The stereotype of Asian parents pushing their kids, not caring about their mental health, that's not true." Credit: Shutterstock Most parents want to help their kids get ahead. But how do you that? Should you press them to excel at academics, devote hours to sports and other extracurriculars, or get an…

In latest benchmark test of AI, it’s mostly Nvidia competing against Nvidia

Nvidia also talked up its speed advantage versus Intel's Gaudi2 AI chips and forthcoming Sapphire Rapids XEON processor. NvidiaAsked about the dearth of competitive submissions and the viability of MLPerf, Nvidia's Salvatore told reporters, "That's a fair question," adding, "We are doing everything we can to encourage participation; industry benchmarks thrive on participation.""It is our hope," said Salvatore, "that as some of the new solutions continue to come to market from others, that they will want to show off

While building Truth Social, Trump spoke with rivals about competing partnerships

The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022.Nurphoto | Getty ImagesMonths after Donald Trump began building his social media platform, Truth Social, he considered jumping ship and backing a competitor, according to an insider account.Trump Media founders and former "Apprentice" contestants Andy Litinsky and Wes Moss first met with Trump over burgers and ice cream on Jan. 26, 2021 —…

Big-Tech Companies are Competing to Hire the Remaining Tech Talents in India

Big-tech companies are laying off employees in large numbers to trim their payroll overheads The big-tech hiring freeze is the new talk of the tech-market town with major IT companies rigorously cutting short expenditures, in view of the longstanding economic recession. Big-tech companies like Meta, Twitter, and Uber are laying off employees in large numbers to trim their payroll overheads. A few of the Big -techs have delayed onboarding for months after issuing the offer letters. When job aspirants of Infosys enquired…

Nissan and Renault Discussions Focus on Competing Better in Electric Cars Segment

Nissan Motor Co’s talks with Renault SA are focused on optimising their investment in electric vehicles and strengthening their competitiveness as equal partners, the Japanese automaker’s CEO told Reuters on Friday. Negotiations with Renault, also Nissan’s top shareholder, have less than two weeks remaining to meet a Nov. 15 target the automakers had set to reach a deal, according to people with knowledge of the talks. Also Read: Renault, Nissan to Invest $26 Billion in Future Electric Vehicles; Unveils EV-Based Platform…

Nissan says talks with Renault focused on better competing in electric cars

Nissan Motor Co's talks with Renault SA on revamping their alliance are focused on strengthening competitiveness as equal partners and getting the most from their investment in electric cars, the Japanese automaker's CEO said. The negotiations with Renault, Nissan's top shareholder, have less than two weeks remaining to meet a Nov. 15 target the companies had set to reach a deal, according to people with knowledge of the talks. Nissan Chief Executive Makoto Uchida declined to comment on whether an agreement could be…

Solana and Cardano Are Competing on NFTS, But This Might Be The Real Winner

Competition between Solana (SOL) and Cardano (ADA) has been growing tougher for the last few months. The NFT market is one area where these projects have been competing viciously on. However, it was after the launch of the Vasil upgrade the competition between these two projects increased rapidly. Crypto analysts have said that Solana NFT has been losing popularity to Cardano over the last few weeks. According to the data released by various experts, NFT trading volume on the Cardano blockchain has surpassed Solana…

All 50 Duos Competing In The Fortnite Champion Series Invitational

The Fortnite Champion Series Invitational--the first in-person Fortnite competition since the start of the COVID-19 pandemic--begins November 12 in Raleigh, North Carolina, and today Epic Games has announced the names of those who will be competing.The tournament will feature 100 players split into 50 duos, with both players in each duo representing one of seven regions around the world. Europe will field the most teams with 20, followed by nine from the North America East region and six from North…