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Full Service Workers Alliance co-founder Simone Barron discusses the threat minimum wage increases poses to jobs in the food service industry.

Ordering from these exclusivemenus requires a membership fee.

Restaurateurs and hospitality executives around the world are adopting a We Work-like model minus the work, charging guests an annual fee to access intimate dinner parties and live entertainment that can be nearly impossible to get into otherwise.

More restaurants are charging a membership fees for eaters to access multi-course tasting menus and entertainment.

Omars La Boite, a speak-easy style supper club, opened Wednesday on the Lower East Side of Manhattan where guests get access to cocktail parties, multi-course dinner menus and live music from cabaret singers, DJs and dancers in the nightclub space. Prices start at $1,500 annually, and guests can apply online where memberships are marketed with a "FOMO"tactic (millennial speak for fear of missing out) as being the best cocktail party to be invited to.

The nightclub at Omar's La Boite. (Cristina Macaya).

New York City-based restaurateur Omar Hernandez, whose dinner parties have attracted stars like Madonna, Spike Lee and Alicia Keys, tapped 21-year-old chef Flynn McGarry, who has been called the Justin Bieber of food, for the tasting menu comprised of items like Dover sole and caviar. The idea is to curate a social network and get people out from behind their smartphone screens, Hernandez says.

Its more of a social dining club. Were curating an evening of great company and high comradery with great food and entertainment, Hernandez told FOX Business. "I dont want people tojust come and have dinner we want people to cultivate relationships."

The cocktail and dinner party subscription of sorts follows a similar model to Soho House, an international members-only club that costs more than $3,000 a year to access any location around the world. Those who dont want to splurge on membership at Omars can try their luck at getting a reservation on booking site Resy, but wont get the same access to the all-inclusive entertainment.

The lounge at Omar'sLa Boite. (Cristina Macaya).

With the ongoing retail apocalypse and rising rent across the country, more restaurant ownersand entrepreneurs are tapping into experiential concepts to compete with online meal delivery services and feed the need for interaction outside of the office, industry insiders say.

"The competition among restaurants is fierce," Andrew Rigie, executive director for the New York City Hospitality Alliance, said. "It's about food and beverage quality, service and hospitality, and creating anexperience that brings customers back."

Members-only restaurants have been around for years, with some charging thousands of dollars for people to belong. Bohemian, a Japanese restaurant located behind a butcher shop in the Noho neighborhood of Manhattan has been in business for nearly a decade. Theres no phone number or website, so guests must know someone who has dined there to get a seat in the intimate, 15-person dining room. In San Francisco, some eaters pay $2,400 a year to experience The Battery, a social club of sorts for tech execs, venture capitalists and entrepreneurs to dine on lobster and mingle at private lectures, concerts and book signings. In addition to food and wine, the club also features a garden and spa along with an on-site gym.

Internationally, perhaps one of the most exclusive members-only supper clubs is the posh winter playground of the one percent in St. Moritz, Switzerland. Dracula Club, the world-famous jazz and supper club on the premises of the Kulm Hotel, founded in 1974 by photographer and art collector Gunther Sachs, enforces a strict dress code of coats for men. The exclusive club, which used to be a secret club for bobsledders, only holds 150 guests or life members, as they're called. Admission begins after 11 p.m., and those who enter are greeted with a life-size coffin in the dimly lit entryway. Diners can nosh on an assortment of luxe dishes like foie gras, beef carpaccio, and black truffle pasta.

While having an exclusive component can elevate a restaurant to become a dining destination, Rigie says the members-only restaurantbusiness model isnt sustainable longterm.

Members-only restaurants provide the wealthy and connected an exclusive and private way to meet, eat and drink, but itmay be a difficult financial model for many of these restaurants to survive long-term unless theyre subsidized within a larger a larger development, Rigie said.

Still, some young people are willing to fork over the money and say its an investment in growing their businesses and brand. Michael Tommasiello, 31, who lives in Brooklyn, N.Y. has been a member at Soho House for more than five years.

"I don't mind paying for access to a social club because it's good networking and business,"Tommasiello said. "I've taken a lot of clients there for lunch or dinner, and I've met a lot of people, so for me, it helps."

And at a time whenAmericans are lonelier than ever, having a place to eat, drink and see people you know is like a real-life "Cheers" for thosewho can afford it.

"I like going to a place where I know I'm going to run into people I know," Tommasiello said.

The trend comes as more consumers are investing in experiences over tangible things. A recent survey polled 3,200 people globally about spending behavior and found that 76 percent said theyd rather spend their money on experiences over material goods, according to findings from advertising agency Momentum Worldwide.

CAVIAR GOES MAINSTREAM WITH PRICES AT RECORD LOW

Research suggests that more and more people are allocating their money towards experiences that make them happy. Research from Cornell University psychology professor Dr. Thomas Gilovich found that the feeling of happiness consumers get from buying something new like a car or clothes fades while experiences like a dinner or vacation have a lasting, positive impact. The psychological term is called the Easterlin paradox, which suggests that money can only buy happiness for so long.

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Subscription-only restaurants is the new social networking if you can afford it - Fox Business

The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the Global Perfumes Market. The research study has been prepared with the use of in-depth qualitative and quantitative analyses of the global Perfumes market. We have also provided absolute dollar opportunity and other types of market analysis on the global Perfumes market.

It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Perfumes market. All findings and data on the global Perfumes market provided in the report are calculated, gathered, and verified using advanced and reliable primary and secondary research sources. The regional analysis offered in the report will help you to identify key opportunities of the global Perfumes market available in different regions and countries.

Request Sample Report @https://www.mrrse.com/sample/8785?source=atm

The authors of the report have segmented the global Perfumes market as per product, application, and region. Segments of the global Perfumes market are analyzed on the basis of market share, production, consumption, revenue, CAGR, market size, and more factors. The analysts have profiled leading players of the global Perfumes market, keeping in view their recent developments, market share, sales, revenue, areas covered, product portfolios, and other aspects.

Market Segmentation

By Product Type

By Demographics

By Distribution Channel

By Ingredient Type

By Region

Eau Fraiche product type segment expected to witness the highest growth over the forecast period

Eau Fraiche segment revenue is expected to register a significant CAGR over the forecast period, which is mainly attributed to the absence of alcohol content in this type of perfume. The latest trend among key players in the perfume industry is to create Eau Fraiche versions of their popular fragrances. The Eau de Parfum segment is estimated to account for the largest market value share of 52.0% by 2016 end.

Unisex Perfume demographics segment expected to project a higher growth rate over the forecast period

The Unisex Perfume segment is projected to exhibit a CAGR of 6.9% over the forecast period. The rise in the number of product launches of unsex perfumes by major players and increasing sales in the APEJ region is anticipated to drive the market in this segment. The Mens Perfume segment is expected to account for 34.9% value share by 2016 end and is also expected to register a high CAGR owing to the increasing acceptance of beauty products targeting men.

Online Retail distribution channel segment expected to register a significant CAGR over the forecast period

The Online Retail segment is expected to exhibit a CAGR of 7.0% over the forecast period and is anticipated to be the most attractive segment in terms of CAGR. Global players are entering into partnerships with e-commerce players to capitalise on this highly lucrative sales channel. The Physical Retail segment is estimated to account for the highest market share by 2016 end and will continue to dominate the global perfumes market over the forecast period.

Natural ingredient type segment estimated to project a higher growth rate over the forecast period

The Natural segment is estimated to account for 18.9% value share by 2016 end and is expected to exhibit a CAGR of 7.9% over the forecast period. Growing consumer concerns towards the use of synthetic chemicals in perfumes are forcing perfume manufacturers to shift from synthetic to natural ingredients, which in turn fuels the growth of the Natural segment.

MEA, Latin America, and Eastern Europe perfume markets are projected to expand significantly in terms of value and volume

In terms of value, the Western Europe market accounts for the maximum revenue share of the global perfumes market followed by North America. The Western Europe perfumes market is expected to register a CAGR of 3.2% over the forecast period. The APEJ perfumes market is expected to register a significant CAGR of 10.2% over the forecast period, due to an expansion by top market players in the region.

Leading market players are adopting digital marketing strategies to reach a wider customer base

Estee Lauder Companies Inc., LVMH, Coty Inc., LOreal International, Elizabeth Arden Inc., Shiseido Co. Ltd., Puig, Perfumania Holdings Inc., Avon Products Inc., and Hermes are some of the top companies operating in the global perfumes market. The beauty and personal care products industry has witnessed major modifications over the past decade, making perfumes a future business perspective for entrepreneurs. Major players manufacturing perfumes are strategically investing in expansion in the Middle East & Africa and Latin America regions, where the per capita perfume consumption is high.

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Perfumes Market Size and Forecast

In terms of region, this research report covers almost all the major regions across the globe such as North America, Europe, South America, the Middle East, and Africa and the Asia Pacific. Europe and North America regions are anticipated to show an upward growth in the years to come. While Perfumes Market in Asia Pacific regions is likely to show remarkable growth during the forecasted period. Cutting edge technology and innovations are the most important traits of the North America region and thats the reason most of the time the US dominates the global markets. Perfumes Market in South, America region is also expected to grow in near future.

The Perfumes Market report highlights is as follows:

This Perfumes market report provides complete market overview which offers the competitive market scenario among major players of the industry, proper understanding of the growth opportunities, and advanced business strategies used by the market in the current and forecast period.

This Perfumes Market report will help a business or an individual to take appropriate business decision and sound actions to be taken after understanding the growth restraining factors, market risks, market situation, market estimation of the competitors.

The expected Perfumes Market growth and development status can be understood in a better way through this five-year forecast information presented in this report

This Perfumes Market research report aids as a broad guideline which provides in-depth insights and detailed analysis of several trade verticals.

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LBSNS (Location-Based Social Networking Service) Market Research and Forecast 2020-2026 - Fusion Science Academy

The Norwegian Consumer Council (NCC) has filed a series of General Data Protection Regulation (GDPR) complaints against LGBTQ+ social networking app Grindr and a number of online advertising companies, alleging that they have engaged in comprehensive illegal collection and indiscriminate use of personal data.

The complaints come in the wake of a new report compiled by the NCC alongside cyber security company Mnemonic, entitled Out of control, which again highlights how advertising technology companies receive personal data about app users interests, habits and behaviour, ostensibly to profile them for targeted advertising, but which can also lead to discrimination, manipulation and exploitation.

These practices are out of control and in breach of European data protection legislation, said Finn Myrstad, director of digital policy at the Norwegian Consumer Council. The extent of tracking makes it impossible for us to make informed choices about how our personal data is collected, shared and used.

This massive commercial surveillance is systematically at odds with our fundamental rights and can be used to discriminate, manipulate and exploit us. The widespread tracking also has the potential to seriously degrade consumer trust in digital services.

Max Schrems, founder of European privacy non-profit NGO noyb, said: Every time you open an app like Grindr, advertisement networks get your GPS location, device identifiers and even the fact that you use a gay dating app. This is an insane violation of users EU privacy rights.

In the case of Grindr, a social networking app that has largely supplanted traditional cruising for gay men by facilitating casual sexual encounters more easily, concerns over the ethicality of personal data collection and targeted advertising are amplified by the fact that many of its users live in jurisdictions where gay people are still legally persecuted.

If data on Grindr users was to leak or be exposed in some way, this means that what might be merely embarrassing for a user in Norway or the UK becomes a potentially lethal threat for a user in Russia or the United Arab Emirates (UAE).

Besides Grinder, the NCCs complaints under section 77(1) of the GDPR concern five advertising companies Twitters MoPub, AT&Ts AppNexus, OpenX, AdColony and Smaato.

In a response to requests from the NCC and Mnemonic, Grindr said it collected numerous data points on its users. These are chat message text, images (potentially explicit), email addresses, display names, age, height, weight, body type, favoured sexual position, ethnicity, relationship status, tribes (bear, twink, jock, trans, etc), looking for (chat, friends, right now, etc), gender, preferred pronouns (he, they, etc), HIV status and testing details, profile pictures, linked Facebook data, linked Twitter data, linked Instagram data, location data, IP address, and device ID such as Google Advertising ID.

It shares personal data points including Google Advertising ID (if allowed by user), age, gender and location data.

As an example, Twitters MoPub was observed to collect device identifiers such as Google Advertising ID and IP address, location data either through GPS or inferred from IP address, age, gender, detailed device hardware information, app usage information, and information about ads served. In technical testing, it was also found to receive information about device operating systems, the name of the app and the hardware of the device, probably through its software development kit (SDK) integration into Grindr. Computer Weekly understands that Twitter has now disabled Grindrs MoPub account, pending an investigation.

Note that the linked complaints also contain information about the data collection practices of the other companies involved.

Legal analysis conducted by the NCC and Mnemonic with assistance from noyb (which plans to file its own complaints in Austria soon) suggest that Grindr and the ad companies involved possess data without a valid legal basis that contravenes sections six and nine of the GDPR. Section nine covers special categories of data, which includes information on sexual orientation.

Ala Krinickyt, a lawyer at noyb, said: In the case of Grindr, it seems especially problematic that third parties do not just get the GPS location or device identifiers, but also the information that a person is using a dating app that is described as being exclusively for gay/bi community. This obviously reveals the sexual orientation of the user.

James McQuiggan, security awareness advocate at KnowBe4, said: It is difficult in today's society with social media applications for people to actually read the privacy or end-user agreements and to understand what is happening with their name, address, pictures, contacts and GPS location once the data is entered into, or collected by, an app.

On a lot of social media apps that are not charging users for their service, the users are undoubtedlythe product. Their informationis collectedand sold off to third-party organisations for revenue for the social media app.

Some organisations such as Twitter are taking a step in the right direction when it comes to protecting their customers by disabling plugins that violate their privacy terms and are blocking the sharing of information to third parties without permission.

The NCC urged companies that rely on digital advertising to look towards alternative technologies that rely less on widespread sharing and collection of data.

The situation is completely out of control, said Myrstad. In order to shift the significant power imbalance between consumers and third-party companies, the current practices of extensive tracking and profiling have to end.

There are very few actions that consumers can take to limit or prevent the massive tracking and data sharing that is happening all across the internet. Authorities must take active enforcement measures to protect consumers against the illegal exploitation of personal data.

Computer Weekly contacted Grindr for comment but had not received a response at the time of going to press. The apps full privacy and data protection policy can be read here.

Originally posted here:
LGBTQ+ social app Grindr accused of breaching GDPR - ComputerWeekly.com

Northern Ireland schools warned as man uses Snapchat to target more than 200 children

BelfastTelegraph.co.uk

Parents have been informed that a man has been targeting more than 200 children at 30 schools in Northern Ireland on the social media platform Snapchat.

https://www.belfasttelegraph.co.uk/news/northern-ireland/northern-ireland-schools-warned-as-man-uses-snapchat-to-target-more-than-200-children-38871384.html

https://www.belfasttelegraph.co.uk/news/uk/49f2b/38871373.ece/AUTOCROP/h342/bpanews_536569ea-fcfc-4e7d-a5c0-d4118acac0a3_embedded242141783

Parents have been informed that a man has been targeting more than 200 children at 30 schools in Northern Ireland on the social media platform Snapchat.

One of the schools affected, the all-girls Glenlola Collegiate Grammar in Bangor, Co Down, released a statement to warn of the dangers of online grooming but also reassure the school community that in this case the PSNI had apprehended the individual concerned.

It said: The PSNI have been in contact with the school to inform us that a man has been in communication with approximately 200 pupils from 30 schools via Snapchat using the name pastpapersolutions.

He has been arrested and therefore no longer poses a risk but we feel it is important to remind everyone that they must be extremely cautious online when using social networking sites.

Our advice is that if your daughter has been in contact with this individual they should block this immediately. Further advice and guidance is available from the school internet policy available on the school website.

Snapchat is a mobile app that allows users to send and receive self-destructing photos and videos called snaps and Snapchat uses the devices camera to capture snaps and send them.

The PSNI told the Belfast Telegraph on Friday that the man involved in the case was before the courts and charged with breaching an order by using the social media app to contact school children.

A spokesman said: A man who had been given a Sexual Offences Prevention Order breached the order by contacting school pupils on Snapchat.

The man was arrested and charged and appeared at Belfast Magistrates Court on 6th December and remanded. Police made schools aware and are sending out letters to parents.

It is not the first time in recent months that the PSNI have had to taken action regarding schools and the Snapchat social networking app.

It comes after last month the PSNI warned children and parents over inappropriate and threatening Snapchat accounts that are being set up with fake details.

Police in Co Tyrone said that they had received reports from various schools and parents in Omagh regarding the accounts.

A PSNI spokesman said at the time: All Snapchat details have been collected regarding these fake accounts and police will be conducting investigations given the concern across the community.

Police are keen to remind children and parents who use social media sites to be mindful of who they are friends with online and for parents to keep an eye on their childrens online activity.

Glenlola Collegiate Grammar was also contacted by the Belfast Telegraph on Friday to ask them if they wished to say anything further in relation to the matter but they declined to take up the offer.

Belfast Telegraph Digital

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Northern Ireland schools warned as man uses Snapchat to target more than 200 children - Belfast Telegraph

OLD National Bancorp IN decreased its position in shares of Facebook, Inc. (NASDAQ:FB) by 27.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,864 shares of the social networking companys stock after selling 21,105 shares during the period. OLD National Bancorp INs holdings in Facebook were worth $11,261,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in FB. Price Wealth LLC raised its position in shares of Facebook by 7.0% during the fourth quarter. Price Wealth LLC now owns 2,231 shares of the social networking companys stock valued at $458,000 after buying an additional 146 shares during the last quarter. Tributary Capital Management LLC raised its position in shares of Facebook by 8.5% during the fourth quarter. Tributary Capital Management LLC now owns 5,750 shares of the social networking companys stock valued at $1,180,000 after buying an additional 450 shares during the last quarter. Allworth Financial LP raised its position in shares of Facebook by 1.9% during the fourth quarter. Allworth Financial LP now owns 5,394 shares of the social networking companys stock valued at $1,107,000 after buying an additional 100 shares during the last quarter. Affiance Financial LLC raised its position in shares of Facebook by 1.3% during the fourth quarter. Affiance Financial LLC now owns 6,261 shares of the social networking companys stock valued at $1,285,000 after buying an additional 81 shares during the last quarter. Finally, Merit Financial Group LLC raised its position in shares of Facebook by 126.3% during the fourth quarter. Merit Financial Group LLC now owns 6,185 shares of the social networking companys stock valued at $1,269,000 after buying an additional 3,452 shares during the last quarter. 63.77% of the stock is owned by hedge funds and other institutional investors.

In other news, VP Jennifer Newstead sold 260 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $197.40, for a total transaction of $51,324.00. Following the sale, the vice president now directly owns 6,717 shares of the companys stock, valued at $1,325,935.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Susan J.S. Taylor sold 1,133 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $198.58, for a total transaction of $224,991.14. Following the sale, the chief accounting officer now directly owns 1,505 shares in the company, valued at $298,862.90. The disclosure for this sale can be found here. Insiders have sold 1,220,900 shares of company stock worth $231,834,951 over the last ninety days. Insiders own 14.53% of the companys stock.

Shares of Facebook stock opened at $221.77 on Friday. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $632.43 billion, a price-to-earnings ratio of 29.30, a P/E/G ratio of 1.17 and a beta of 1.05. Facebook, Inc. has a 1-year low of $142.52 and a 1-year high of $222.38. The firms 50-day moving average price is $206.14 and its two-hundred day moving average price is $193.86.

Facebook (NASDAQ:FB) last issued its quarterly earnings data on Wednesday, October 30th. The social networking company reported $2.12 earnings per share for the quarter, topping the Thomson Reuters consensus estimate of $1.91 by $0.21. The firm had revenue of $17.65 billion for the quarter, compared to analysts expectations of $17.35 billion. Facebook had a net margin of 27.08% and a return on equity of 20.39%. The companys quarterly revenue was up 28.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.76 earnings per share. As a group, equities research analysts predict that Facebook, Inc. will post 8.48 EPS for the current year.

A number of research analysts have recently commented on FB shares. Credit Suisse Group reaffirmed an outperform rating and set a $270.00 price objective (up previously from $260.00) on shares of Facebook in a research report on Thursday, October 31st. Mizuho cut their price objective on shares of Facebook from $247.00 to $240.00 and set a buy rating for the company in a research report on Thursday, October 31st. Deutsche Bank upped their price objective on shares of Facebook from $270.00 to $280.00 and gave the company a buy rating in a research report on Tuesday. Nomura upped their price objective on shares of Facebook from $235.00 to $253.00 and gave the company a buy rating in a research report on Thursday, October 31st. Finally, Rosenblatt Securities set a $242.00 price objective on shares of Facebook and gave the company a buy rating in a research report on Tuesday, October 15th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, forty-six have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $238.04.

Facebook Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

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OLD National Bancorp IN Has $11.26 Million Stake in Facebook, Inc. (NASDAQ:FB) - Riverton Roll