Business

The future of online commerce is now/Opinion

Star Trek fans like me are familiar with wormholes.

They’re tunnel-like passages through space and time, similar to the tunnels bored by worms through apples. Until recently, they only existed in science fiction fantasies and in highly theoretical constructs of Einstein’s theory of general relatively.

But it feels as if we’ve all just passed through a wormhole, doesn’t it?

In the past few months, due to the COVID-19 pandemic, we’ve jumped 10 years into the future of online commerce, according to analysis from McKinsey & Company, the global consulting firm.

McKinsey also estimates that in just two weeks, telemedicine saw a 10-fold increase in virtual appointments. Remote working drove a 1,900% increase in video conference calls. Online learning welcomed 250 million new students in just 14 days. And it took only five months for Disney+ to attract the number of online movie streaming subscribers that Netflix signed-up over seven years.

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Should Filmmakers Accept Invitations to Premiere Their Films Virtually?

What are the benefits of an online festival premiere? It’s been the question on the lips of filmmakers, sales agents, distributors and exhibitors since festivals had to stop operating as physical entities. Venice marked a return to a more traditional way of doing things, while Toronto’s hybrid dance of digital industry and physical public screenings offers a different alternative. But should filmmakers accept invitations to premiere their films at purely virtual festivals?

Now that several online festivals have taken place – CPH:DOX, Locarno and Sheffield Docfest – a consensus is emerging about the efficacy of premiering films online.

Sales agents have discovered that with the right movie, digital festivals can be as profitable as physical festivals.

Filmmakers are missing the experience of meeting audiences and the press and reporting that the consumer media is less interested in digital platforms.

For distributors, it’s a case of plus ça change as they

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31 Best Online Furniture Stores to Bookmark Now

Sitting at home wondering where to buy furniture online? There are tons of online furniture stores that make getting the perfect new ottoman or couch a breeze, if you can handle a few thrilling hours of scrolling and searching (one of our most treasured pastimes!). On these sites, you’ll find gorgeous furniture and home decor in a wide variety of styles, plus fast (and often free!) shipping. Some of these retailers you’d expect to see (Target, IKEA, Crate & Barrel, etc.), but others (like Home Depot and Etsy) might come as a surprise. Discover the 31 best online furniture stores now and happy shopping.

Velvet Elowen Chair by Anthropologie

$398.00, Anthropologie

BUY NOW

Every time Anthro comes out with a new collection, it’s guaranteed we want something (if not everything) from it. Anthropologie’s lineup of personality-packed designs are made to stand out, a.k.a. they’re Insta- and splurge-worthy. It’s also quick

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‘Fortnite’ maker draws praise for fighting Apple, but lawsuits allege it rips off kids

Epic Games, the creator of the stupendously popular video game “Fortnite,” has been winning praise for its stance challenging the strangleholds of Apple and Google on in-app purchases by game players.

You might want to hold your applause.

The dark side of “Fortnite” in its various versions, according to lawsuits filed in federal court, is how it tempts children into spending their and their parents’ money on virtual game items without fully understanding what they’re doing and with little or no chance of obtaining refunds.

Like with a slot machine, Epic psychologically manipulates its young players into thinking they will ‘get lucky.’

Allegation in lawsuit “R.A.” v. Epic Games

“The games are targeted towards children,” John E. Lord, a lawyer for a “Fortnite” player and his mother, told me in describing the lawsuit he filed for them in San Francisco federal court. “Although they’re offered for free, it’s designed to

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Schools that are mostly Black, Latino favor starting online

Missi Magness wanted her children back in school.

The parent of a first-grader and a sixth-grader who attend schools on Indianapolis’ southeast side struggled trying to oversee her children’s schooling while working from home this spring.

“They need the structure, they need the socialization, they just need to go,” said Magness. “‘I love you, but here’s your backpack, here’s your lunch … have a good day!’”

Many other local parents agreed. Now, their school district, Franklin Township — where two-thirds of the 10,000 students are white, as is Magness — has allowed younger children to return to school buildings full time.

But two districts over, it’s a different story. In Indianapolis Public Schools, where nearly three-quarters of about 26,000 students in traditional public schools are Black and Hispanic, the school year started virtually — despite relying on the same local health guidance as Franklin Township.

That dynamic is playing out

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120+ retailers selling face masks online

120+ retailers selling cloth face masks online
120+ retailers selling cloth face masks online

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.

Now that we’ve adjusted to the “new normal” in the age of coronavirus (COVID-19), many states are slowly starting to open back up. It’s more important than ever to stay safe while venturing out to stores, work, doctor’s appointments, and more. That’s why the Centers for Disease Control and Prevention (CDC) recommends that people wear a cloth face covering to slow the spread of the virus when you’re out in public. While not as effective as a medical-grade mask or an N95 mask, these coverings provide an extra layer of protection by blocking respiratory droplets, which is the primary way that COVID-19 is transmitted. Not only that, but in light of new data, the CDC recently reported that wearing a mask may actually protect

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CSUSB Palm Desert Offers Online Hospitality Certificate

Press release from CSUSB Palm Desert:

Sept. 10, 2020

Cal State San Bernardino’s Palm Desert Campus is offering a certificate in hospitality management as part of its ongoing commitment to educate and train the workforce of the Coachella Valley’s hospitality industry. The online program, offered with the instruction of faculty in hospitality and business management, will run from October 6, 2020-March 25, 2021.

Hospitality and tourism have enjoyed record growth in the past decade, and while the current pandemic has affected jobs and personal lives, it also presents a professional development opportunity to upskill in an industry that is poised to rebound.

There are no prerequisites or degree required for the certificate, and the program can be completed in 6 months with 6 courses (4 weeks per course.) Also, the certificate program is CalJobs approved.

Courses prepare participants for the following certification exams: Food Protection Manager Certificate, required in California;

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Business owners in college towns are ‘trying to do everything’ they can to stay afloat

Owner Claudio Gianello stands in the doorway of his temporarily closed Café Beaudelaire restaurant, on June 23, 2020, in Ames, Iowa, where the coronavirus surge is serious enough to prompt several business owners near the Iowa State University campus to close voluntarily just weeks after reopening. <p class="copyright"><a href="https://newsroom.ap.org/detail/VirusOutbreakCollegeTowns/865bbb449fc1427489f960e092d5d7e8/photo?Query=VIRUS%20OUTBREAK%20COLLEGE%20TOWNS&mediaType=photo,video&sortBy=arrivaldatetime:desc&dateRange=Anytime&totalCount=5&currentItemNo=4" rel="nofollow noopener" target="_blank" data-ylk="slk:AP Photo/Charlie Neibergall" class="link rapid-noclick-resp">AP Photo/Charlie Neibergall</a></p>
Owner Claudio Gianello stands in the doorway of his temporarily closed Café Beaudelaire restaurant, on June 23, 2020, in Ames, Iowa, where the coronavirus surge is serious enough to prompt several business owners near the Iowa State University campus to close voluntarily just weeks after reopening.
  • Businesses in college towns in the US are still reeling from the mass exodus of students that began in the spring and has now remained into the fall.

  • Many schools have adopted online-only approaches to learning or implemented a hybrid approach that brings only some students back to campus.

  • As their primary clientele — students, their families, and other members of university communities — diminishes, some business owners face a difficult decision: temporarily shut down again or close forever.

  • Visit Business Insider’s homepage for more stories.

For nearly a decade, Chris Carini has owned Linda’s Bar & Grill in Chapel Hill,

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Counterfeits Soar as Ath-leisure Dominates Online Quarantine Purchases

As consumers settled in at home due to quarantine, online sales of activewear and sporting equipment have notably come out on top. According to Allied Market Research, the global activewear market is now expected to be worth nearly $547 billion by 2024.

Further, a new survey conducted by Red Points, the brand protection firm, found on average consumers have spent $265 more on sporting gear and equipment during quarantine than they otherwise would have. The survey also revealed half of consumers have purchased counterfeit items within the category, both purposefully and accidentally.

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Of those who purchased counterfeit items within the sporting goods category the company fund nearly 30 percent had purchased cardio equipment, 22 percent purchased yoga and flexing equipment and 19 percent purchased apparel and accessories.

“I was shocked by 50 percent of people buying counterfeits and secondarily shocked that almost 30 percent bought it knowingly,”

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Hedge Funds at Sohn Make Bullish Bets on Long-Term Asian Growth

(Bloomberg) — Hedge fund gurus are betting on the longer-term growth in Asia, picking winners from India to Japan and China as they look past market volatility brought on by Covid-19.

Money managers at this year’s Sohn Hong Kong Investment Leaders Conference touted a slew of bullish strategies for Asia, with changes in consumption offering particularly good opportunities, the fund managers said.

Anatole Investment Management’s George Yang is betting that a new batch of Chinese brands will disrupt fashion giant Zara, prompting his short call on parent Inditex. Sean Debow of Eurizon Asset Management touted healthy consumption upgrades in rural India as a source of growth in the local health-care industry. Oasis Management founder Seth Fischer was bullish on Japanese engineering firm Hazama Ando Corp., while CloudAlpha pitched China real estate services play KE Holdings Inc.

Five Takeaways From Pitches Made at Sohn Hong Kong 2020: TOPLive

Here’s a selection

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