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On October 16, local time, the Iranian Navy stated that several hours earlier, a naval surveillance team, while continuously monitoring the eastern waters of the Strait of Hormuz, detected and confirmed an oil tanker on fire within the no-navigation zone. The tanker had shut down its navigation and tracking systems and was attempting to cross the no-navigation zone in the Gulf of Oman. The Iranian Navy emphasized that disorderly navigation within the no-navigation zone jeopardizes safety and poses numerous dangers to other vessels.On October 16th, JLCPCB announced that it expects net profit attributable to shareholders of the listed company for the first three quarters of 2026 to be between RMB 1.679 billion and RMB 2.052 billion, representing a year-on-year increase of 78.76% to 118.48%. The performance change is mainly due to AI accelerating hardware innovation and continued growth in global hardware R&D demand; enhanced one-stop service capabilities, leading to increased customer stickiness and single-customer value; industrial software connecting design and manufacturing, continuously driving order volume and improving delivery efficiency; and rapid growth in overseas business.Iran says an oil tanker that "violated" regulations caught fire near Hormuz hours earlier.October 16th - As businesses pass on rising costs, the energy price shock is beginning to spread across the US economy, further complicating the Federal Reserves task of stabilizing inflation. Two reports released this week show that prices in several sectors, including airfares, delivery services, and trucking, rose sharply last month, driven by oil prices pushed up by overseas wars. Grocery prices have been largely unaffected so far, but economists believe they still face the risk of future price increases. Economist Heather Long stated, "Corporate inflation is strong across all categories, even excluding energy. In the coming months, businesses will inevitably pass on some of these costs to consumers." Stephen Stanley, chief economist at Santanders US Capital Markets division, said, "If you look at the food category in the CPI, the increase in recent months has actually been below trend. Price transmission hasnt been as fast as I expected, but I think it will still come. This is a risk that hasnt yet materialized but will inevitably emerge sooner or later."Shell is considering selling its retail petrol station business in France.

Meta Offers Instagram Content Creators New Revenue Resources

Aria Thomas

Nov 03, 2022 14:54

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In an effort to assist content creators monetize their social media presence, Meta Platforms announced on Wednesday that it will provide a number of new services to Instagram, including a system for trading digital artifacts.


Users will soon be able to support artists by purchasing their non-fungible tokens (NFTs) from within Instagram, according to the company.


The new skills will be tested with a small group of artists in the United States, the company said, adding that it intends to expand to additional countries in the near future.


Meta has added additional monetization options to its social media applications to compete with TikTok and others for talent at a time when influencers are driving advertising revenue to these platforms.


In line with this endeavor, Meta stated that it was expanding access to Instagram subscriptions to all qualified artists in the United States in an effort to assist them in generating a more stable income through the photo-sharing app.


It is also offering gifts on Instagram, beginning with Reels, so that artists have a new way to monetize their following.


In addition, the company is launching a professional mode for Facebook (NASDAQ:META) accounts, which would allow artists to have a public presence while maintaining their personal Facebook profile.