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☆ OJ Simpson's TV moment is never going to be replicated
▼ + stars: | 2024-04-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

But also a true thing: In 1994, when Simpson fled police in his white Bronco, 95 million people watched the slow-motion chase on TV, in real time. In 1994, AOL, the service that popularized the "World Wide Web," had a little more than a million subscribers. AdvertisementAnd the notion that we're never getting a TV event like the Simpson affair is not a new one, either. Digital media can certainly focus a lot of people's attention on one thing, but it can't compel everyone to watch one thing. Now I'm going to go stream June 17th, 1994 — ESPN's documentary about the Simpson chase.

Persons: —, OJ Simpson, Simpson, We're, Rupert Murdoch's Fox, Kato Kalein, Lance Ito, Rick Maiman, Here's, Joanna Robinson, Robinson, Addison Rae, They're, It's, I've Organizations: Service, Bronco, Business, AOL, Getty Locations: America

☆ Gerald M. Levin, Time Warner Chief in a Merger Debacle, Dies at 84
▼ + stars: | 2024-03-13 | by ( Chris Kornelis | ) www.nytimes.com time to read: +1 min

Gerald M. Levin, a “visionary” media executive, as he was often described, who became C.E.O. of the world’s largest media company, Time Warner, and an architect of its merger with America Online, widely considered the worst corporate marriage in American history, died on Wednesday. Mr. Levin had been diagnosed with Parkinson’s disease. Mr. Levin was Time Warner’s chief executive when he and his counterpart at AOL at the time, Steve Case, devised what was then the largest business merger in U.S. history. Instead, it became shorthand for the excesses of the turn-of-the-century dot-com bubble and the era of so-called synergy.

Persons: Gerald M, Levin, Time Warner, Jake Maia Arlow, Mr, Levin’s, Steve Case, Warner, Henry Luce, Jack Warner Organizations: Time, America Online, AOL, Jan, America, American, Hollywood Locations: Long Beach, Calif, Virginia

☆ What it's like to give Mark Zuckerberg feedback
▼ + stars: | 2024-03-05 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Meta's CTO says that Mark Zuckerberg will often tell you you're wrong if you offer feedback. The CTO said he finds the feedback loop satisfying, even if you have to take the long view on it. AdvertisementMeta CTO Andrew "Boz" Bosworth said when you give Mark Zuckerberg feedback, he listens — and then he disagrees. Bosworth said he believes Zuckerberg is trying to "pressure test" the feedback and understand different perspectives that he didn't already consider. AdvertisementEven if Zuckerberg does make changes based on feedback, Bosworth said he always has a reason for why he did what he did originally.

Persons: Mark Zuckerberg, Zuckerberg, —, Andrew, Boz, Bosworth, Lenny Rachitsky, he'll, didn't, you'll, he's, Instagram Organizations: Service, Harvard, Facebook

☆ The ZIP Code Shift: Why Many Americans No Longer Live Where They Work
▼ + stars: | 2024-03-04 | by ( Emma Goldberg | ) www.nytimes.com time to read: 1 min

In 2020, Virginia Martin lived two and a half miles from her office. Ms. Martin, 37, used to live in Durham, N.C., and drove about 10 minutes to her job as a librarian at Duke. After the onset of remote work, Ms. Martin got her boss’s blessing to return to her hometown, Richmond, Va., in March 2022, so she could raise her two young children with help from family. As an ’80s-born “child of AIM,” Ms. Martin said of AOL instant messaging, it hadn’t been hard for her to maintain co-worker friendships online. Ms. Martin is part of today’s growing ZIP code shift: She is one of the millions of Americans who, thanks to remote and hybrid work, no longer lives close to where she works.

Persons: Virginia Martin, Martin, Ms, hadn’t Organizations: Duke, AIM, AOL Locations: Durham, N.C, Richmond, Va

☆ Mark Cuban got the idea for a $5.7 billion business in a California Pizza Kitchen
▼ + stars: | 2024-02-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

That's where Mark Cuban and his college friend Todd Wagner were in 1995, eating lunch and talking about Indiana University basketball. "There's got to be a way that we can listen to Indiana University basketball ... over the internet," Cuban recalled the two of them saying, during a MasterClass course released Thursday. Cuban and Wagner sold the company to Yahoo for $5.7 billion in stock in 1999. It remains Cuban's most lucrative entrepreneurial endeavor, topping the $6 million sale of his first company, software business Microsolutions, in 1990. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, Todd Wagner, There's, Cuban, Wagner, Broadcast.com, he's Organizations: Ivy League, Indiana University basketball, Yahoo, Hoosiers, Cost, CNBC Locations: Dallas, Bloomington , Indiana, Broadcast.com, Cuban

☆ With Washington Capitals, Wizards move to Virginia, owner Ted Leonsis pursues his vision of a $10 billion sports empire around Washington, D.C.
▼ + stars: | 2023-12-14 | by ( Ian Thomas | ) www.cnbc.com time to read: +8 min

Glenn Youngkin (L) looks on during the announcement of a new sports arena for the Washington Wizards NBA basketball team and Washington Capitals NHL hockey team, on December 13, 2023 Virginia. Win Mcnamee | Getty Images News | Getty ImagesTed Leonsis, the owner of the NBA's Washington Wizards and the NHL's Washington Capitals, has a grand vision for growing a regional sports empire. Glenn Youngkin announced that the Capitals and Wizards have agreed to move to a new arena in Alexandria, Virginia, as part of a $2 billion entertainment complex in 2028. How will they compete with big market teams? "We could have a billion-and-a-half-dollar revenue run rate and a $10 billion to $15 billion trend of valuation," Leonsis said.

Persons: Ted Leonsis, Glenn Youngkin, Win Mcnamee, Leonsis, we'll, aren't, I'm, it's, It's, David Rubenstein, David Blitzer, Blackstone, James Dolan, Stan Kroenke, Kroenke, I've Organizations: Monumental Sports, Entertainment, Virginia Gov, Washington Wizards NBA, Washington Capitals NHL, Getty, Washington Wizards, NHL's Washington Capitals, CNBC, Summit, Washington , D.C, AOL, Capitals, Wizards, Washington Mystics, Capital, D.C, Sports, Mystics, NHL, Baltimore Orioles, Washington Nationals, MLB, Carlyle Group, Bloomberg, Orioles, Red Sox, Fenway Sports Group, Boston Red Sox, Pittsburgh Penguins, Premier League's Liverpool, Philadelphia 76ers, New, New Jersey Devils, Washington, Cleveland Guardians, MSG, Sphere Entertainment, Madison Square Garden Entertainment, New York Knicks, Rangers, MSG Networks, Atlanta Braves Holdings, Liberty Media, Sports & Entertainment, Nuggets, Avalanche, Los Angeles Rams, Premier League's Arsenal FC, Qatar Investment Authority, MSG Sports, NHL's Rangers, NBA's Knicks, Phoenix Suns, NBA, Ottawa Senators, Braves Locations: Virginia, Alexandria , Virginia, Washington ,, Washington, London, Richmond, Delaware, New Jersey, Real Salt Lake, Denver, MLS's Rapids, Colorado, Monumental

Airbnb has named Ron Klain, former White House Chief of Staff for President Joe Biden, as its chief legal officer. Klain was President Biden's chief of staff during his first two years in office. He was previously chief of staff to then-Vice President Biden. He held the same position under Vice President Al Gore at 34 years old, making him the youngest chief of staff to a vice president in American history. Klain was also chief legal officer at venture capital firm Revolution, which was started by AOL founder Steve Case.

Persons: Airbnb, Ron Klain, Joe Biden, Klain, Biden's, Biden, Al Gore, Steve Case, Brian Chesky Organizations: White, Staff, AOL, Associated Press

☆ Jim Chanos, Short Seller Who Took on Enron and Tesla, to Close Hedge Funds
▼ + stars: | 2023-11-18 | by ( Gregory Zuckerman | Peter Rudegeair | ) www.wsj.com time to read: 1 min

Wall Street’s best-known bear is going into hibernation. After nearly four decades, Jim Chanos is shutting down hedge funds he manages that wager against companies he believes are overpriced or fraudulent. His career as a short seller spanned a contrarian bet against Enron that paid off when the energy trader collapsed as well as yearslong, money-losing campaigns against Tesla and AOL.

Persons: Wall, Jim Chanos Organizations: Enron, Tesla, AOL

☆ AOL (TWX): Update on Next Week's Firings
▼ + stars: | 2023-11-13 | by ( Henry Blodget | ) www.businessinsider.com time to read: +1 min

Unfortunately, some of our AOL moles were pole-axed in the October massacre, and management is doing a better job of keeping the details of this months' firings under wraps. We've also heard that next week's firings were planned way back in September, as the second part of a two-part purge, which also explains why there's less chatter about them. In any event, word is the Products and Sales teams are going to take the brunt of the whackage. We regret to be the bearers of this bad news, and we wish everyone in Dulles and New York the best. Or Just Tying Up Old OnesAOL: More Firings Coming?

Persons: Bethany Clarke, We've Organizations: Products, AOL Locations: Dulles and New York

☆ Can anyone save the internet? Neal Agarwal is trying, one Hampster Dance at a time.
▼ + stars: | 2023-10-26 | by ( Brian Barrett | ) www.businessinsider.com time to read: +13 min

Internet Artifacts is the latest project from Neal Agarwal, the creative 25-year-old coder who launched neal.fun six years ago today. "I grew up at the tail end of that era of the internet," Agarwal said. Internet Artifacts has taken closer to three months. Internet Artifacts takes several touchstones of the anteplatformian internet and places them on literal digital pedestals. As delightful as Internet Artifacts is to click through, it also provides valuable context for Agarwal's larger ambition.

Persons: Neal Agarwal, Agarwal, antic, Steve Jobs, Jamie Cohen, It's, coders, he'd, —, Bill Gates, Josh Wardle, Neal, neal.fun, Brandon Chilcutt's, Jessa Lingel, Nicole He, Matthew Rayfield, Brian Moore, Wardle, what's, There's, Brian Barrett Organizations: today's, Adobe, Apple, Developers, MySpace, Facebook, Twitter, CUNY, Virginia Tech, Ripley's, The New York Times, Napster, University of Pennsylvania's Annenberg School for Communication, Immaculate Grid, MacWorld, Wired, Yorker Locations: Queens, Fairfax , Virginia, MSCHF, New York

☆ America needs to lead the A.I. revolution 'in a more inclusive way', says AOL co-founder Steve Case
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerica needs to lead the A.I. revolution 'in a more inclusive way', says AOL co-founder Steve CaseSteve Case, AOL co-founder and Revolution chairman and CEO, joins 'Squawk Box' to discuss the second bipartisan A.I. Insights Forum hosted by Senate Majority Leader Chuck Schumer, concerns surrounding A.I. regulation, and more.

Persons: Steve Case Steve Case, Chuck Schumer Organizations: America, AOL, Senate

☆ Veteran Apple investor Alan Patricof says AI is the 'flavor of the month'
▼ + stars: | 2023-10-06 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Venture capitalist Alan Patricof has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," Patricof told the New York Post. Patricof recommends investing in companies utilizing AI as a tool, rather than buying AI platforms. AdvertisementAdvertisementAlan Patricof, the venture capitalist known for his investments in Apple and Venmo, has a cautionary message about an AI bubble. "Everyone wants to be at an AI company — it's the flavor of the month," said Patricof during a Thursday interview with the New York Post.

Persons: Alan Patricof, —, Patricof, Mostaque, David Rosenberg, James Penny, Wharton, Jeremy Siegel, Dan Raju, Raju Organizations: New York, Patricof, Service, Apple, Apax Partners, AOL, TAM Asset Management

☆ Zelle Fraud: I Got Scammed Out of $31,000 and My Bank Didn't Care
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

Because a lot of bank branches were still closed, and the crew wanted their money, he requested that we transfer the money via Zelle. When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

Persons: Madison Ketcham, Gary Kruglitz, Gary, couldn't, he'll, Gary —, —, Cheryl, Sheryl, Sheryl —, we'd, Jeff Allen's, didn't, Jeff, Krystal, we'll, He'd, you've, Karen, I'm, she'd, Yellllow, Zelle, Chase, Sen, Elizabeth Warren, there's, That's, It's, Jesus, who'd, Donald Trump, Gary Kruglitzes, Cheryls —, Yasmine48, Nixon, Evan Kohlmann, cybercrime, we've, I've, Kohlmann, Guess, Let's, that's, Elizabeth Warren's, it's, they're, Warren's, Warren, I'd, they'd, blinked Organizations: Boston Pops, The New York Times, New York Times, Chase, Bank of America, PNC, US Bank, PayPal, Disney, NBC, Warner Bros, Netflix, JPMorgan Chase, Bank —, of, Professionals, Justice Department, Northeast . Contractors, Cloudburst Technologies, Facebook, FBI, Mafia, Massachusetts State Police, Monterey Police Department, Police Locations: Massachusetts, Lyme, Tennessee, Wells Fargo, Truist, Silicon Valley, Amsterdam, Northeast, what's, Paxful, Estonia, Korea, Monterey , Massachusetts, Monterey

☆ The Great Zelle Pool Scam
▼ + stars: | 2023-10-01 | by ( Devin Friedman | ) www.businessinsider.com time to read: +38 min

When I asked Chase to discuss Zelle fraud, I received an email saying, "Unfortunately, we don't have anyone available for an interview." The way the email messages from Gary were subliterate in a completely different way from the way a classic Gary email is subliterate. When Gary Kruglitz told us to Zelle him, he didn't really tell us to Zelle him. Out of all the kinds of money, money to build a pool is probably the very best kind of money for the world to suffer the loss of. It's possible that the government will eventually be moved to safeguard consumers against Zelle fraud.

☆ Employers can use phrases in your resume to unfairly discriminate based on age—how to protect yourself against it
▼ + stars: | 2023-09-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

Age discrimination in hiring is an illegal yet pervasive practice. While age discrimination is a well-documented phenomenon, in many cases it goes unnoticed and unaddressed. Victims of age discrimination may be unsure of whether or not what they are experiencing classifies as discrimination and hiring officials may be unaware of their implicit biases against older workers. This makes it all the more difficult to address and protect yourself against age discrimination. Common resume red flagsChoices you make in your resume might inadvertently be working against you.

Persons: Marc Cenedella, Cenedella Organizations: Federal Reserve Bank of San, CNBC, Yahoo, Skype Locations: Federal Reserve Bank of San Francisco

Today's "niche" companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC's Advisor Council. "I've been through this enough to see that the niche players early on may not, in fact, be the long-term plays," Glassman said. Dan Romanoff, senior equity analyst with Morningstar Research Services, echoed that sentiment, saying investors would be hard-pressed to find a good "pure play" AI company in which to invest today. I would ask the question: What company isn't an AI company nowadays? However, it's unclear if such companies will remain among the AI leaders as the technology develops, experts said.

Persons: Jaap Arriens, Barry Glassman, I've, " Glassman, OpenAI, chatbot, Glassman, DocuSign, Dan Romanoff, Romanoff Organizations: Getty, San, Wealth, AOL, Cisco, Morningstar Research Services, Microsoft, Nvidia Locations: San Francisco, Vienna , Virginia, North Bethesda , Maryland

After going through a breakup last year, Connie Li, a software engineer, rejoined the dating apps, ready to dip her toe in the water again. But many of the men who reached out to her seemed to just want something casual, so she tried something new. Inspired by long, résumé-like dating bios that she had seen others post online, she drafted her own profile. In a Google Docs file longer than this article, Ms. Li, 33, described herself as monogamous, short and prone to wearing colorful outfits. “There is something kinda dorky about ‘date-me docs’ that reminds me of the early days of the internet,” Ms. Li said, referring to the way people used to meet on AIM, AOL’s now-defunct instant messaging service.

Persons: Connie Li, Li, “, Ms, “ I’m, I’ve, ” Organizations: bodega, AIM, AOL’s Locations: “

The latest rival, Threads, was launched by Facebook-parent Meta and got a stunning start earlier this month. Facebook … when you’re looking for community (or used furniture)With more than 2 billion daily users around the world, it’s tricky to describe the stereotypical Facebook user. Pinterest … when you’re looking for inspirationPinterest lets users easily search for and organize visual-heavy inspiration on a wide range of creative topics. Twitter (aka X) … when you’re looking for what’s going on (for now)For years, Twitter was a central hub for real-time news. Threads … when you’re looking for musings from your favorite influencers, celebs and journalistsThe latest Twitter competitor, Threads, was launched by Facebook and Instagram parent company Meta.

Persons: Elon Musk, Instagram, it’s, Pinterest, “, Snapchat, Charlie, “ David, ”, Nextdoor, Twitch …, Long, Donald Trump, Reddit, Musk, influencers, Jack Dorsey, Alexandria Ocasio Cortez, Chrissy Teigen Organizations: CNN, Facebook, —, YouTube, LinkedIn, Capitol, Trump, Twitter, Meta, Democratic Rep Locations: Italy

☆ Heather Armstrong, ‘Queen of the Mommy Bloggers,’ Is Dead at 47
▼ + stars: | 2023-05-10 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

Heather Armstrong, an explosively popular web writer and entrepreneur who, under the name Dooce, was hailed as the queen of the so-called mommy bloggers for giving millions of readers regular intimate glimpses of her joys and challenges in parenthood and marriage, as well as her harrowing struggles with depression, died on Tuesday at her home in Salt Lake City. He said he had found her body in the home. Ms. Armstrong, a lapsed Mormon from Salt Lake City, rose to prominence at the dawn of the personal blog craze of the early 2000s. Her baptism in the field came after she graduated from Brigham Young University in 1997 and moved to Los Angeles, where she taught herself HTML code and took a job at a tech company. She started Dooce.com in 2001, christening it with the nickname she had earned after committing a typo writing the word “dude” in an AOL Instant Messenger chat with friends, according to one of her stories.

☆ ‘Succession’ Style, Episode 7: Snakes and Scorpions
▼ + stars: | 2023-05-07 | by ( The Styles Desk | ) www.nytimes.com time to read: 1 min

This article contains spoilers for Episode 7 of the final season of “Succession.”It’s election eve in the world of “Succession,” and the Roys are jockeying for position. Kendall and Roman ramp up their efforts to stop the Matsson deal, and Shiv and Tom host the tailgate party with Logan’s preordained guest list. This “AOL era, legacy media, putrid stuffed-mushroom” fest, as Matsson calls it, even has an electoral party game with a kettle corn prize. Matsson stuns in a golden bomber jacket, but Tom may be the quiet style star of the night. GT: Fur confidence or velvet confidence?

☆ Ex-Yahoo CEO Marissa Mayer admits the company should have bought Netflix instead of Tumblr as it 'would have been a better acquisition'
▼ + stars: | 2023-05-06 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Yahoo should have acquired Netflix or Hulu instead of blogging platform Tumblr, she told Tech Brew. Morning Brew Insider recommends waking up with, a daily newsletter. In an interview with Tech Brew, Mayer reiterated that one of her regrets was hiring the wrong chief operating officer, Henrique De Castro, whom she fired after 15 months on the job. A source at the time told Insider Mayer was "very personally engaged in this deal," working late into numerous evenings. Mayer's biggest regret, however, was not making "the tax-free Alibaba spinoff to separate the assets of the company," she told Tech Brew.

☆ We're in the AOL phase of artificial intelligence, tech CEO says, as industry raves about A.I.
▼ + stars: | 2023-05-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Today's artificial intelligence systems are akin to the dial-up internet of yesteryear, according to the CEO of one AI startup, who said the space is in need of a reality check. Sachin Duggal, co-founder, and CEO of Builder.ai, told CNBC Friday that we've only just begun to imagine what's possible with AI. "We're only in the AOL world of AI still," Duggal told CNBC in an interview. "There is this perception we're in the fiber optic world of AI. Hype around AI has hit a fever pitch over the past few months on the back of excitement about ChatGPT, the popular AI chatbot.

☆ U.K. Blocks Microsoft’s Bid for Activision, a Blow to the Tech Giant
▼ + stars: | 2023-04-26 | by ( David Mccabe | Kellen Browning | ) www.nytimes.com time to read: +1 min

British antitrust regulators on Wednesday blocked Microsoft’s plans to acquire the video game giant Activision Blizzard for $69 billion, a significant hurdle for what would be the largest consumer tech acquisition since AOL bought Time Warner two decades ago. The Competition and Markets Authority in Britain said in a statement that Microsoft’s proposal “failed to effectively address the concerns in the cloud gaming sector.”The decision bolsters an effort by the Federal Trade Commission to block the acquisition and is a red flag for big technology companies trying to make large deals despite increasing government scrutiny over whether they abuse their power to hurt rivals and consumers. “Microsoft already enjoys a powerful position and head start over other competitors in cloud gaming and this deal would strengthen that advantage giving it the ability to undermine new and innovative competitors,” Martin Coleman, the chair of a panel that conducted an investigation for the C.M.A., said in a statement.

☆ How HBO survived merger after merger and changed television forever
▼ + stars: | 2023-04-23 | by ( Darren Geeter | ) www.cnbc.com time to read: +4 min

The network has survived merger after merger with one of the mergers, AOL Time Warner, considered the worst deal in modern American corporate history. The birth of HBO coincided with the modernization of television across the United States with the emergence of cable in the 1960s and 70s. HBO debuted on November 8, 1972, and it was one of the first paid television networks with 344 total subscribers in Wilkes Barre, Pennsylvania. We're going to have to do original series," Bewkes told CNBC. The Time Warner era ushered in a multiplex model for HBO to reduce churn and debuted original programming "Dream On" and "The Larry Sanders Show."

☆ What Was Twitter, Anyway?
▼ + stars: | 2023-04-18 | by ( Willy Staley | ) www.nytimes.com time to read: +5 min

Dorsey had nurtured the basic idea of Twitter for years — a site that would be like AOL Instant Messenger’s “away message” for anywhere, or “a more ‘live’ LiveJournal,” as he put it in a post on Flickr. But Williams, who created Blogger and sold it to Google for millions, came to see something else in Twitter: To him, its potential lay in its ability to create a running record of what was going on in the outside world. Dorsey was insistent that it was the latter: “You’re talking about your status as you look at the fire.”To Dorsey, the fact that Twitter creates a record of the world would be an incidental byproduct of all this status-sharing. He posted it to Twitter with a brief caption. Dorsey and Williams were correct to identify this as a conflict, even if they could not design or engineer it away.

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