Kevin O’Leary

Scott Mlyn | CNBC

Investor Kevin O’Leary knows firsthand the challenges entrepreneurs on Main Street are facing during the coronavirus pandemic. Many are struggling to survive to economic shutdowns and the rapid shift to the digital economy.

“Twenty percent of the small private companies in my portfolio are going to fail,” he said on CNBC’s Halftime Report. “They’re going to zero. They are restaurants. They are in sports and entertainment … I don’t want to support them anymore, and I don’t think the government should either.” 

He is referring to the Paycheck Protection Program authorized under the CARES Act launched this year to help small business owners meet payroll and keep their businesses afloat during the health crisis. The application process ended on Aug. 8. To date, PPP has provided 5.2 million loans worth $525 billion to American small businesses supporting more than 51 million jobs. Currently, talks

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Staying physically and mentally fit is essential for all small business owners, none more so than today as the pandemic continues. With small and, micro-business owners often working alone, paying attention to the warning signs their health could be deteriorating is vital.

As a small or micro business owner, your fitness is of paramount importance. It’s a simple equation: If you can’t work, your business isn’t profitable. As the pandemic has changed perhaps forever how companies operate, what does this mean for the mental and physical health of all small business owners?

I have been running my business for the past three decades. During that time, mental and physical health has played a massive role in the success of my company. As a business of one, I have had to rely upon

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By Anirban Sen and Matt Scuffham

(Reuters) – Goldman Sachs Group Inc on Wednesday posted its best quarterly performance in a decade by some measures, as trading has moved back into the limelight and its lack of a big consumer business has switched from a curse to a blessing.

The Wall Street bank posted a quarterly return on equity of 17.5%, its highest since 2010. Investors closely track that figure because it shows how well a bank uses shareholder money to produce profits.

Goldman also boasted record earnings per share, beating analyst expectations by a wide margin. Its performance was driven in large part by a 29% jump in trading revenue, as clients responded to news about the coronavirus pandemic by shifting their portfolios.

While rivals including JPMorgan Chase & Co have also benefited from the markets boom this year, they are far more exposed to vulnerable consumers and businesses

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MONTREAL, Oct. 14, 2020 /PRNewswire/ — To better understand the impact of network brownouts in the age of COVID-19, Accedian, a leader in performance analytics and end user experience solutions, today released the findings of its new research measuring the effects of network brownouts on business productivity and end-user experience. In a survey of more than 1,000 senior IT decision makers in the US, the report found that one-in-five organizations experience network brownouts on a daily basis since the pandemic hit, and 40% experience them at least several times a week. This results in significant productivity impacts and IT time required to regain acceptable standards on network performance. For the one in five organizations that experience network brownouts daily, IT teams spend up to a staggering 12.5 hours a week troubleshooting issues that could have been avoided.

“COVID-19 or not, it would be wise for businesses across industries to

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Algolia AI allows companies to build tailored experiences that continuously learn, tune, and personalize based on user behavior

Algolia Understand

Algolia Understand
Algolia Understand
Algolia Understand

Algolia Dynamic Synonym Suggestions

Algolia Dynamic Synonym Suggestions
Algolia Dynamic Synonym Suggestions
Algolia Dynamic Synonym Suggestions

SAN FRANCISCO, Oct. 14, 2020 (GLOBE NEWSWIRE) — Algolia, the leading Search and Discovery solution, today announced Algolia AI, a suite of AI tools that enables businesses of all sizes to create always-optimized, personalized digital experiences with less manual tuning and curation. Algolia AI—designed using trillions of searches, making it the most intelligent search platform on the market—is packaged inside an easy-to-use and flexible API. Algolia removes the complexity of implementing AI while giving companies the ability to deeply customize and control the end user experience.

Consumers expect frictionless, dynamic, and personalized digital experiences, and businesses are working to deliver these experiences with forward-looking technologies such as AI. However, applying AI to

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COVID-19 has added a new layer of complexity for businesses across the world. It has threatened our health and safety and our livelihoods, as companies plunged almost overnight into totally uncharted territory.          

The crisis will likely affect all aspects of business from how and where goods are sourced, to where they are bought and sold, to where work gets done, and to how it gets done.

Governments have also have injected billions of dollars into

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When my management team presented our 2020 plan to our board in late March, we were asked how much capital we needed to ensure our DevOps business survives COVID-19. At the time, we had no idea what was next but we had three choices: raise, hold, or run.

Twelve months earlier I had been diagnosed with Stage 3 colon cancer and, in surviving it, realized that while I control nothing, I could influence anything. I decided running wasn’t a choice and set out to preserve the business. We assessed how much capital would carry us for 24 months and set out to fundraise.

In the past two years, I had a successful exit, almost died, and was at the helm of a company growing 100% plus in the midst of a pandemic. I had done raises in 1994, 2001, 2008, and 2016, but this time I had no fear of

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Employees sometimes get unhappy with their companies. Pay and benefits used to be top concerns, but now social justice issues have emerged as major issues. Employees at the software company New Relic have vented about the CEO’s politics and his wife’s political contributions. What should a company do when workers object over political issues?

The local newspaper in Portland, where the company’s tech employees work, reports “The conflict has been amplified by CEO Lew Cirne’s large donation to a private Christian school that excludes gay students and opposes gay rights. He has also donated money to a controversial evangelist who proselytizes to Jews. Cirne’s wife is a contributor to President Donald Trump’s reelection campaign, another sore point for many New Relic employees even though

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It’s incredible to think how much the world has changed since the start of the 20th century – we’ve gained major inventions from cars and planes to refrigerators and the internet, while many globally-influential companies have shaped the way we live. From the inventor of the Bic pen to the woman that brought us Barbie dolls, click or scroll through to see the 20th century’s most revolutionary entrepreneurs.



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Regarded as America’s most distinguished inventor, Thomas Edison pioneered the development of everything from the motion picture camera to the light bulb. The genius innovator, who amassed 1,0963 patents in his lifetime, is also credited with creating the first industrial research lab.



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FRANKFURT (Reuters) – Siemens SIEGn.DE is in talks with Triton and other buyout groups to sell its 1.5-2 billion euro ($1.8-$2.4 bln) transmissions maker Flender, people close to the matter said, part of the industrial conglomerate’s plans to streamline its operations.

FILE PHOTO: The headquarters of Siemens AG is seen in Munich, Germany, December 18, 2019. REUTERS/Michael Dalder

Siemens has asked Triton, Carlyle CG.O, CVC and Brookfield to submit final offers next week for the business, which has earnings before interest, tax, depreciation and amortisation of just above 200 million euros and could be valued at 8-9 times that, the sources added.

The trains to industrial software maker has simplified its structure in the past few years, floating its turbines and generators supplier Siemens Energy ENR1n.DE last month after spinning off its Healthineers SHLG.DE division in 2018.

Siemens, its advisers for the Flender deal — Citi C.N and Bank

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