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Twitter Users in China Face Detention and Threats in New Beijing Crackdown

NYT Technology - Thu, 01/10/2019 - 18:33
Authorities are using harsh methods to target people posting criticism of the government on a social media platform that is blocked in the country, extending online censorship beyond China’s borders.

Jeff Bezos of Amazon and MacKenzie Bezos Plan to Divorce

NYT Technology - Thu, 01/10/2019 - 18:02
The financial details of the split are sure to be complicated, though the world’s richest man and his wife of 25 years vow to “remain cherished friends.”

More Airbnbs en route to South Main, with redevelopment of historic building

Memphis Business Journal - Thu, 01/10/2019 - 17:10
A group of Nashville investors is preparing to renovate a 1910s building on South Main, which was once home to the Ambassador Hotel. GEM Investments LLC, led by Matthew Pierce, wants to build-out 10 apartments and a restaurant in the dilapidated, three-story building, which is located at 345 S. Main St. Half or more of the apartments would be rented-out through a short-term rental service such as Airbnb or HomeAway, according to documentation the group submitted to the Center City Development Corp.…

Downtown artist space ready to upgrade, applies for development loan

Memphis Business Journal - Thu, 01/10/2019 - 16:57
New ownership hopes to revamp The Medicine Factory building Downtown, giving it needed renovations and fixing a leaky roof. Medicine Factory LLC, owned by Philip and Joseph Lewis, has applied for a $150,000 development loan from the Center City Development Corp. (CCDC) in order to add more artist loft space and event space to the building at 85 W. Virginia Ave. "There are currently a handful of artists utilizing space in the warehouse, and the Lewis' want to continue that same use of the space…

Older People Shared Fake News on Facebook More Than Others in 2016 Race, Study Says

NYT Technology - Thu, 01/10/2019 - 16:27
Users aged 65 and older posted seven times as many articles from fake news sites as adult users 29 and younger, a study published this week found.

Local company acquires apartment complex near Atlanta

Memphis Business Journal - Thu, 01/10/2019 - 14:37
The purchase is part of a strategy to acquire properties in middle-tier price point submarkets.

UTHSC tackles nursing shortage by shortening path to degree

Memphis Business Journal - Thu, 01/10/2019 - 14:16
A curriculum change could help get nurses on the job faster and arm them with increased clinical-reasoning skills.

Construction to begin on Soul Fish's fourth area location

Memphis Business Journal - Thu, 01/10/2019 - 14:08
A building permit valued at $300,000 has been filed for a popular restaurant's new Wolfchase location. Soul Fish Café, which is known for its fried catfish and fresh vegetables, will open its fourth Memphis-area restaurant at 8413 U.S. 64 in the Wolfchase Galleria-area. The restaurant will be directly east of an existing McAlister's Deli and south of an existing Olive Garden Italian Kitchen. Tiger Bryant, co-owner of Soul Fish, said the new restaurant is likely to open in mid-March. The location…

Sneak Peak: Wonder Bread development flies forward

Memphis Business Journal - Thu, 01/10/2019 - 13:46
It's been almost a year and a half since Memphis-based Development Services Group (DSG) first announced its monumental redevelopment of the Wonder Bread bakery building and the surrounding land. And, it's been half a year since a pair of building permits, totaling $26 million, were pulled for the project. In the time since, significant work has been completed at the Edge District site. For an updated aerial view, watch the drone footage below, courtesy of Montgomery Martin Contractors. Orion…

Building Memphis 2019: Inaugural LEED Award recipient named

Memphis Business Journal - Thu, 01/10/2019 - 13:38
When it comes to measuring green building practices, LEED certification is the gold standard. To celebrate the Mid-South developments that are “LEED-ing” the way in sustainability practices, the Memphis Business Journal has partnered with the U.S. Green Building Council (USGBC) to present the inaugural LEED Award at the 2019 Building Memphis Awards. The recipient of the Leadership in Energy and Environmental Design (LEED) Award was selected based on the total number of LEED credits earned…

Who Owns Memphis, Supersized Edition: Union Row primed to reshape Downtown

Memphis Business Journal - Thu, 01/10/2019 - 13:16
“This is going to clean up basically all the blight that is left between South City and Downtown."

Bike nonprofit offering half-price memberships during January

Memphis Business Journal - Thu, 01/10/2019 - 10:22
Last year, Memphians burned more than 3 million calories via a local transportation startup. With the dawn of the new year, that organization is hoping to increase that figure with a special offer. Explore Bike Share, a local 501(c)(3) that launched a 60-station, 600-bike share system in Memphis last May, is offering half-price memberships through Jan. 31. When the service launched, memberships were $120 annually. The $60 deal coincides with Memphis’ new cycle-friendly developments in 2019,…

How tariffs, tactics led to Nucor’s record year — and more growth expected in 2019

Memphis Business Journal - Thu, 01/10/2019 - 06:50
Tariffs were part of the story, but the biggest boost came from the steel maker’s fundamental strategy to build or buy its way to the top of every market segment where it competes.

Job Fair: FedEx Express looks to fill 500 positions

Memphis Business Journal - Thu, 01/10/2019 - 06:43
FedEx Express hopes to fill 500 permanent part-time positions this weekend. A job fair will be held Saturday, Jan. 12, from 8 a.m. to 3 p.m. at the Memphis World Hub, located at 2874 Business Park Drive, Building D. To see inside the Memphis World Hub, click the slideshow. Day and night shifts available Rates start at $13 per hour Minimum of 17.5 hours per week guaranteed Medical coverage; premiums start at $6 per month Vision and dental benefits Tuition assistance Opportunity to earn…

With Bill Lee about to take office, here's what will happen with his company

Memphis Business Journal - Thu, 01/10/2019 - 06:39
Bill Lee has placed his majority ownership stake in Lee Co., his family's Franklin-based business, into a blind trust, the governor-elect said Wednesday. Lee's decision to move his share of the company into a blind trust answers one of the biggest questions looming over his transition into public office. Lee will be sworn in as Tennessee's 50th governor next week. "It’s certainly an honor to be in the place that I am, but it’s also been a profoundly important thing in my life to be at Lee Co.…

IT company founded in Memphis buys Atlanta company

Memphis Business Journal - Thu, 01/10/2019 - 06:36
The IT company Novatech, which was founded in Memphis, has bought a document-management and copier dealership in Atlanta. Terms of the deal for Consolidated Copier Services were not disclosed in a news release. It’s the fifth acquisition in two years for Novatech, which moved its headquarters to Nashville in 2004 and provides managed IT and printing services. Novatech will retain the Consolidated Copier Services name, office, and staff.  Novatech, previously known as NovaCopy, has a 27,000-square-foot,…

Gigi's Cupcakes files for bankruptcy protection

Memphis Business Journal - Thu, 01/10/2019 - 06:27
Gigi's Cupcakes, the well-known bakery chain formerly based in Nashville, has filed for Chapter 11 bankruptcy protection in the Northern District of Texas. Launched by Gigi Butler in 2008 with a single Nashville shop, Gigi's was sold in 2016 to FundCorp, a Texas-based private equity firm. On Jan. 4, Chapter 11 petitions were filed on behalf of three Gigi's-related entities: Gigi's Cupcakes LLC, Gigi's Operating LLC, and Gigi's Operating II LLC. Similar petitions were also filed for entities tied…

China’s Ambassador to Canada Blames ‘White Supremacy’ for Feud Over Arrests

NYT Technology - Thu, 01/10/2019 - 06:12
Lu Shaye said in an op-ed for The Hill Times that Canadians applied “double standards,” viewing their own country’s laws as having to be observed, but not China’s.

Investors Were Spooked About Profits. Now Come the Facts.

NYT Technology - Thu, 01/10/2019 - 04:00
After the worst year for stocks in a decade, investors are eager to hear what executives expect in 2019 as companies report fourth-quarter earnings.

Tech Fix: CES 2019: It’s the Year of Virtual Assistants and 5G

NYT Technology - Wed, 01/09/2019 - 16:18
A visual tour of the world’s most important tech conference offers a window into the year’s trends, including next-generation wireless networks and the invasion of A.I.


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