The Top 10 Business stories that relate to global companies e.g. AT& T, Ali Baba, Apple INC. Some business trends, news for Facebook and Alberta unemployment rate and cybersecurity predictions for the year 2020.
Also, some useful discussions from Apple Inc. CEO Tim Cook regarding business issues and discussions on innovation.
AT&T NOW SUPPORTS e-SIM on APPLE’s LATEST I-PHONES
The company AT&T is the first major US Carrier that has added support for eSIM cards i.e. dual Sim Cards allowing the phones to be connected to two networks at once.
The good news for iPhone users is that having an iPhone XS or XR, you should be able to use AT& T as either your primary or secondary sim without any hassles.
APPLE’S CEO ON WHAT THE COMPANY DOES WITH ANDROID PHONES
At a recent event at San Francisco, USA Tim Cook having a conversation with the audience. He said about Androids that we do recycle them at the Apple store. Cook & SalesForce CEO Marc discussed the mutual workings of Apple INC. and SalesForce “Ignite Productivity” on mobile devices. There were also discussions of topics like innovation, business, data privacy, Artificial Intelligence, Environment.
He mentioned Steve Jobs, the Apple Co-Founder, and CEO and also discussed his relationship with Steve. The CEO was very particular in mentioning to the audience at San Francisco about privacy. He said that privacy is a fundamental right and must be given and built-in products. I also discussed things about innovation, what is innovation, and the misunderstandings that innovation is about change. He was very particular in saying that innovation is not about changing it’s about making things better and more impactful.
FACEBOOK, TUMBLES IN JOB SATISFACTION RANKINGS, WAS ONCE THE BEST PLACE TO WORK
The job satisfaction rankings have shown that Facebook has tumbled from its reputation is the best place to work. In simple words, job satisfaction levels have changed tremendously for Facebook in the last 2 years.
The monitoring and evaluations company Glassdoor ranked facebook as the “Best Place to Work” in the USA. These evaluations by Glassdoor took place two years from now. Currently, the company is on number 23 in the current best employer’s rankings for 2019-20. There were 1 million employees on Glassdoor’s platform that gave their reviews. The rankings are based on those reviews. They are based on some business KPIs that include job satisfaction, pays, and benefits. Other similar KPI’s include career opportunities, culture, work-life balance, and leadership qualities.
The things that set Facebook from other companies is the goodwill, business compliance, and sustainability work they do for being more connected. Apart from Facebook that is on number 23 currently, Google was found lagging behind on number 11 from number 14. Similarly, Apple one of Forbes lists giant companies has dropped 13 spots and is now on number 84. For a social media site with a reputation like Facebook, the stats are truly surprising.
Read more: 5 Business Trends That Will Continue to Rise in 2019
US WILL FAIL TO CUT OFF IRANIAN OIL EXPORTS- A GOOD NEWS FOR TRUMP ADMINISTRATION
The US has decided to reduce the Iranian exports to zero. This development happened despite the renewed talks from White House about letting all oil import waivers expire in early May.
It was later in the last month that Trump gave his most important message to OPEC. He addressed that members should start pumping more oil. This is because of crude prices that continue to rise.
He restored the sanctions on Iran’s energy industry in November. However, the Trump administration wants Iran to stop the selling of ballistic missiles.
EU EXTENDS SANCTIONS ON RUSSIA UNTIL MID 2020
The EU leaders on Thursday agreed mutually to extend their sanctions on Russia up until 2020. This extension is for a period of 6 months and includes Economic Sanctions. They started in 2014 after Moscow annexed Ukraine’s crime. The restrictions target Russia’s energy, financial and arms sector.
2019- BITCOIN: – WHAT THE CHARTS SAY ABOUT BITCOIN
It is the new frontier in currency and e-commerce. The role of blockchain technology in the global economy is moving forward which is quite ironic. The prices are more volatile than most stocks.
However, Bitcoin still appears to be a trading tool. The technical analysis is more precise, and the main reason behind this is deeper data. Another key reasoning is the history behind the price activity. Bitcoin is not an investment as misunderstood by many people. However, it can be termed as somewhere between a casino and the latest version of the “greater fool theory.”
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BUSINESS RIVALRY: GALAXY WATCH ACTIVE VS APPLE WATCH SERIES 3
The Samsung Galaxy watch active is a watch that is a fitness watch. Whereas, Apple Watch Series 3 is a smartwatch lover’s dream.
GALAXY WATCH
- A robust fitness watch.
- Ideal for Athletes with plenty of perks
- Built-in GPS, activity, sleep and stress tracking
APPLE WATCH SERIES 3
Not marketed as a fitness smartwatch, but can serve as one
Built-in GPS
Health and Fitness Tracking
Superior App support
Music storage with Apple Music
Optional cellular activity
In comparison to both watches, Apple watch holds more brand value as compared to Samsung watches. These comparisons are in terms of its marketability, brand image, and technical features. However, there are geographical locations from Asia and Africa that have their preferences for Samsung watches.
BUSINESS INSIGHTS: 8 THINGS TO KNOW ABOUT ALI BABA’S STOCK
There are some important things that need to be known for Ali Baba and Ali Baba’s stocks.
Ali Baba is 20 Years Old-FORMED in 1999
The E-Commerce company Ali Baba was founded 20 years ago in 1999 by Jack Ma. He was a former English teacher. It is one of the fastest-growing companies in the world and is on the Global 2000 Forbes list at #59.
Ali Baba Only owns one profitable business
The core commerce business of Alibaba generated 85% of its revenue in its last quarter. It is the only profitable unit. However, the operational strategy of Ali Baba is that because of its marketplaces that don’t take on any inventories. They fulfill most orders with third party logistic services.
Alibaba has a growing brick and mortar presence
The company has the potential for huge expansions. Ali Baba is expanding it’s brick and mortar footprint with 170 freshippo cashier-less grocery stores. Some major stakes in Sun Art, the country’s top grocery chain. There are a large 485 stores linked to the delivery services of Alibaba.
Alibaba is expanding overseas
Expanding its businesses every day overseas. Future expansion and growth plans include Lazada in South-East Asia. On top of that, AliExpress for overseas shoppers, and Kaola and Tmall Global for cross-border e-commerce.
Alibaba is one of the biggest cloud players in the world
The Alibaba Cloud generated 8% of its revenue last quarter is the largest cloud infrastructure in China. It has a 47% market share and is the third-largest in the world. It comes after Amazon Web services (AWS) and Microsoft’s Azure.
Alibaba is a government-designated company for smart cities
Alibaba’s cloud platform, facial recognition technologies, loT services, and other technologies form the Crux of China’s long term plans. The idea is to build seamlessly connected cities. It is helpful in making judgments for China’s controversial “social credit” system. However, based on the specific judgments the system is used to judge the behaviors of the citizens.
Alibaba owns a major search engine
The company Alibaba bought UCWeb that made the UC mobile browser and UCNews app, five years from today.
Alibaba is one of the world’s top smart speaker makers
The second-largest maker of smart speakers in China. Ali Genie is the smart speaker that can be used for placing the orders. Hence, controlling the home devices and execution of third-party skills are the extra duties.
TOP “5” CYBERSECURITY BUSINESS FOR 2020
Ransomware, a security solutions software is all set to cause even more sleepless nights.
All the risks associated with phishing attacks will be the top concern in 2020 for most security executives.
The improvements in threat detection and making the detection process fast. It is the hour of need for next year’s cybersecurity targets i.e. for 2020.
The enterprise collaboration platform is most often immediately trusted by the users which are challenging in cybersecurity. This usually gives the opportunity for attackers to take advantage of this weakness.An expansion in solutions to various different channels and attack vectors by the Breach and attack simulation. The main aim is to target 2020 and work on the cybersecurity challenges.
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BUSINESS CRISIS: ALBERTA UNEMPLOYMENT RATE FOR YOUNG MEN HITS 20%
The unemployment rate in Alberta province of Canada has hit 20%. This is rather high as compared to the last few years in Canada. The unemployment rate, especially for the young men, has increased since April which is alarming for the Govt. It is also known that the Gender split i.e. between the men and women for job loss has been mainly due to the drop in prices in O& G i.e. the oil and gas sector.
Statistics have shown that Alberta has lost 18,000 jobs only in the month of November alone. This decline was a saturated one in almost all industries in Canada. However, most affected ones have been in wholesale and retail trade according to the Labour Force Survey.
Hence, the Govt. needs to introduce fast reforms and maintain the rate of unemployment in all provinces at lower levels.