Fri.Dec 08, 2023

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Gift cards, taxability, and W-2s.

BMT Office Administration

We’ve covered the taxability of gift cards before, and the law hasn’t changed—with three exceptions, the face value of gift cards is always taxable because they’re cash equivalents: Gift cards aren’t taxable if they’re restricted to a specific item of personal property, which is minimal in value, provided infrequently and administratively impractical to account for.

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Thinking Outside the Box: How Entrepreneur Danny Taing Is Bringing Japan to Your Door

Success

Once upon a time, Danny Taing sat in his living room, stuffing subscription boxes with his mom. If a drone flew over that room in 2015, you’d see bags of snacks scattered across tables and tumbling from three giant suitcases he brought back from Japan. You’d see simply designed postcards tucked inside each box alongside handwritten notes, which Taing meticulously wrote to thank the 20 subscribers he had.

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Landlords Push Back on WeWork’s Financial Plans

Allwork

Prominent landlords including Boston Properties, Brookfield Properties, and Starwood Capital have raised objections to the financing plans proposed by WeWork’s majority owner, SoftBank Group, amid the company’s Chapter 11 bankruptcy restructuring. According to a report published by BISNOW , attorneys representing various landlords of over 50 WeWork locations filed objections on Thursday, asking the judge to reject WeWork’s motion for debtor-in-possession (DIP) financing.

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The dark side of competition in AI | Liv Boeree

TED Talks

Competition is a core part of human nature, and it can drive us to extraordinary feats. But when it goes wrong, the results can be devastating. Poker champion and science communicator Liv Boeree introduces us to "Moloch's trap" — the dark force of game theory driving many of humanity's biggest social problems, which is now threatening to derail the AI industry.

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The Memory Edge: Outlearn, Outperform, Outlast

Speaker: Chester Santos

Forgetfulness is costing you time, money, and a ton of missed opportunities. In the age of automation, it’s easy to underestimate the power of a well-trained human mind. But memory isn’t just a parlor trick, it's a strategic edge. Human memory is one of the most underrated business skills. Whether you’re managing people, leading sessions, or having high-stakes conversations, remembering names, details, and concepts can be transformative in building trust, absorbing knowledge, and driving perform

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U.K.’s Nationwide Calls Over 10,000 Employees Back to The Office

Allwork

Nationwide, the U.K.’s largest building society, has recently made headlines with an update to their flexible work environment. According to a recent report published by The Guardian, the company’s change will require 13,000 staff members to spend at least two days a week at the office. The company’s announcement marks a dramatic departure from the “work anywhere” ethos it reportedly adopted during the COVID-19 pandemic.

2024 147
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How stress drains your brain — and what to do about it | Nicole Byers

TED Talks

Do you ever feel extra forgetful? Stress could be the culprit. In a fascinating talk about how your memory works, neuropsychologist Nicole Byers shares the science behind how stress drains your brain's resources, making it harder to remember things and easier to make mistakes. But fear not: she also shares a simple solution to recharge your brain and get your memory back on track.

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Landmark Space rolls-out essensys technology across 400,000 sq. ft. of London flexible workspace

Allwork

Landmark Space has expanded its partnership with essensys, implementing advanced digital services in nine additional London sites. Landmark Space aims to enhance client experience in each location through automating the customer journey, which is made possible with essensys’ technology. essensys’ software provides valuable data and insights on occupancy and network usage, helping drive more informed decision making in today’s world of hybrid work. 117 Piccadilly is one of nine locations which ha

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Executive Changes at Sports Illustrated Publisher Follows AI Controversy

Allwork

There has been a recent leadership shakeup at The Arena Group, publisher of Sports Illustrated, following an AI-related controversy — though the company claims the two events are unrelated. According to a recent article published by Futurism , the media company fired two senior executives, COO Andrew Kraft and President Rob Barrett, amidst a broader reorganization plan by majority owner Manoj Bhargava.

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