Instagram Reels is a real threat to TikTok

Good morning, Data Sheet readers. This is Fortune writer Aric Jenkins filling in for Adam.

There’s been a lot of coverage of TikTok this week, what with President Trump threatening to ban it in the U.S.—incensing Beijing and opening the door for Microsoft to buy the popular social media app for a reported $30 billion. Lest we forget, Facebook has also been working on a TikTok clone for Instagram that finally arrived on the platform yesterday. 

The new feature, Instagram Reels, is no small deal. Remember the last time the photo and video app copied a high-profile rival: Has Snap ever fully recovered from Instagram lifting the temporary 24-hour “Stories” feature that sent Instagram’s monthly active users to over 1 billion? Every time users scroll through a few Stories, they’re served an ad, which makes Instagram money, of course, not to mention a cut of all those e-commerce sales.… Read the rest

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Benefits of professional email for business

This post was originally published on Feb. 28, 2018, and was updated on August 6th, 2020.

How important is it to implement professional email for your business? Well, think about how much time people send in their inbox: an average of 13 hours per week, according to a report by McKinsey. Needless to say, email is a critical part of our day-to-day.

Effective email messaging is important for both businesses and customers. Don’t take our word for it, though. Read on to learn why polished and professional email for business is important for your company.

13 reasons why professional email for business matters

Professional email for business gets your foot in the proverbial door to stir interest in your products and services and also brings the following benefits:

  1. Keeps customers in the loop.
  2. Builds trust.
  3. Develops stronger relationships.
  4. Reaches mobile users.
  5. Attracts more website visitors.
  6. Saves considerable time.
  7. Provides
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The fate of stimulus checks and $600 weekly unemployment extension could depend on these vulnerable Senate Republicans

A small but singularly influential group is a driving force for an agreement on a stalled coronavirus relief bill: endangered Senate GOP incumbents who need to win this fall if Republicans are going to retain control of the majority.

Confronted with a poisonous political environment, vulnerable Senate Republicans are rushing to endorse generous jobless benefits, child care grants and more than $100 billion to help schools reopen. Several of them are refusing to allow the Senate to adjourn until Washington delivers a deal to their desperate constituents.

Sen. Martha McSally, who has fallen behind in polls in Arizona, is breaking with conservatives to endorse a temporary extension of a $600 per week supplemental benefit. Republicans up for reelection such as John Cornyn of Texas and Lindsey Graham of South Carolina are demanding results before returning home to campaign. And Sen. Susan Collins is in overdrive, backing help for cash-starved … Read the rest

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10 strategies to sell excess inventory

They say you can’t have too much of a good thing. But when you have excess inventory that you can’t seem to sell, you’ll probably beg to differ.

One of the most important (and challenging) duties of small business ownership is effectively managing inventory. Managing inventory is a delicate balancing act. You want enough inventory to fulfill all of your orders but not so much that you can’t sell it all.

The costs of carrying excess inventory can be huge, potentially costing businesses millions each year.

 

On the other hand, data science-based inventory forecasting techniques may save 10-20% on inventory costs every year, even if you operate on a purely make-to-order model.

Properly managing inventory is one key to small business success, evidenced by the fact that companies with low inventory and high turnover outperform those with high inventory and low turnover.

When you’re stuck with a sudden … Read the rest

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Government to integrate online job portals with Unnati to bring employers and job seekers under one umbrella

Centre plans to create a mega portal with NITI Aayog’s ‘Unnati’ that will cater exclusively to the needs of the blue and grey collar workers in the country following a diktat from PM Modi to help workers get jobs in their state.

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SEC reportedly investigating Kodak’s government loan and stock spike following Trump deal

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The Securities and Exchange Commission is reportedly investigating the circumstances around Kodak’s announcement last week of a $765 million government loan to manufacture pharmaceutical ingredients—a deal that sent the legacy camera firm’s soaring.

While the agency’s probe is at an early stage, the Wall Street Journal reports that the SEC is looking into Kodak’s disclosure of the loan, which began to leak on Monday, July 27—one day before the official announcement that prompted a massive spike in the company’s theretofore struggling stock price.

But Kodak’s trading volumes and share price were already on the rise before the announcement was made, a dynamic seemingly tied to leaks disseminated by local news outlets in the company’s hometown of Rochester, N.Y. The SEC is said to be scrutinizing Kodak’s handling … Read the rest

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5 tips to build better teacher websites

Tech is becoming a big part of our daily lives. The education space is no different, and teacher websites are becoming popular bridges for communicating with students, whether you see them in a brick-and-mortar classroom or a virtual one.

Whether it’s online classes, laptops in the classroom or multimedia-based lessons, the ways we teach and learn are continuously evolving. This is a lesson that the COVID-19 pandemic has certainly made clear to educators nationwide.

A website is your learning hub as a modern-day educator.

 

Luckily, several tools can greatly improve or help you build your website, without having to learn any new technical skills.

Whether you’re a full-time teacher looking for a better way to deliver course materials or a part-time tutor who’s trying to build up your side hustle, this article can help.

Below you’ll learn why every modern educator today needs a website, along with five tips … Read the rest

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