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Read previewVenture-capital firm Sharp Alpha Advisors has closed a new $25 million fund to invest in early-stage sports, gambling, and entertainment startups. "And we think that at the intersection of sports, gaming, and entertainment is where this type of engagement is most reliably found." AdvertisementSharp Alpha's new fund intends to invest $1 to $2 million in target ventures — an increase from the average $250,000 offered by its initial fund, Danzig said. Danzig said C15 is a great example of the type of companies Sharp Alpha is looking to invest in. Though the process was difficult, Danzig said he is "very fortunate to have our investors from fund one excitedly and enthusiastically re-upping into fund two."
Persons: , Lloyd Danzig, Danzig, Freevee, Sharp Organizations: Service, Sharp Alpha Advisors, Media, Business, Pluto, Sharp Alpha
Read previewGeneration Alpha — the kids born between 2010 and 2024 — is the first not to know a world without AI or social media. Meanwhile, social media companies, like TikTok, have been in the hot seat regarding their negative effects on youth — from mental health to sexual exploitation. "They're learning who they are, and how to explore, and how to move out into the world," Galinsky said. Galinsky said social media is not all bad, but some parts can be difficult for young people. Set up social media rules with your childrenGalinsky said parents should let children get involved in developing a plan for their social media use.
Persons: , Ellen Galinsky, Galinsky, you've, It's, Eliza Filby, Filby, it's, Alpha's Organizations: Service, The American Academy of Child, Psychiatry, Business, Alpha
Hitchon sat in her car as she relayed observations about Gen Alpha, which she had spotted as a parent in the "trenches" of the school pick-up line. Gen Alpha boys were embracing early 2000s haircuts, and hoodies were very much in all around. AdvertisementThe video blew up, so Hitchon continued to post updates on Gen Alpha trends over the following weeks in a series that received millions of views. "Gen X in particular love to talk about how they don't care what younger generations think." Hitchon wants the world to know how funny, self-aware, and socially conscious Gen Alpha is.
Persons: Faith Hitchon, , Hitchon, Gen, Alpha, X, millennials Organizations: Service, Gen Alpha, Alpha Locations: Los Angeles , California, India
The consensus among Gen Z TikTokers is if you see a child at Sephora, you better get out of their way. They love makeup, and they always want to go," Eadie told the magazine. Related stories"Times change, things are different," Eadie told the publication. The back-and-forth online is so loud that a brand popular with Gen Alpha — Drunk Elephant — weighed in, assuring parents that many of their products were safe for youthful skin. Emma told the publication that they also find it irritating when adults reminisce about what they were doing as tweens.
Persons: , Gen, Gen Alpha, Gen Z, Stefanie Eadie, Gen Z's, Eadie, Ulta, Instagram DM, Alpha, it's, Emma, Tweens, Maeve Organizations: Service, Alpha, Business, People Magazine, Sephora, Instagram, Teen Vogue, Mashable Locations: Sephora, Florida
As Gen Alpha memes dominate the internet, many have ridiculed them for being too inane. Gen Zers are now reminding each other their memes have been equally as ridiculous as "Skibidi Toilet." Older generations — particularly Gen Z — worried they were falling out of touch since they didn't understand its nonsensical humor. Three of the most popular TikToks over the last few weeks feature chaotic montages recalling popular Gen Z memes. The TikToks feature hypothetical quotes on-screen about people saying Gen Alpha "is literally watching brainrot," and then include a statement insinuating that what Gen Z watched wasn't any better.
Persons: Zers, , Z —, Alpha, Gen, Snoop, Gen Z, Y'all, Zers didn't, @aymj13, Knuckles Organizations: Alpha, Service Locations: yolo
ATHENS, Nov 13 (Reuters) - Greece's state-controlled bank bailout fund HFSF said on Monday it sold its 9% stake in Alpha Bank (ACBr.AT) to UniCredit after an improved bid by the Italian bank. UniCredit (CRDI.MI) announced last month it would become Alpha Bank's biggest investor by buying a 9% stake owned by Greece's HFSF and also agreed to acquire most of Alpha's Romanian business. Greece has been attracting significant investment as its economy strengthened after the crisis, prompting S&P Global to upgrade the country to investment grade in October. HFSF sold last month its 1.4% stake in Eurobank and is expected to proceed with the sale of about 20% of National Bank in next coming days. Reporting by Lefteris Papadimas; Editing by Tom Hogue and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
Persons: HFSF, Greece's HFSF, UniCredit, Lefteris Papadimas, Tom Hogue, Stephen Coates Organizations: Alpha Bank, Alpha, Athens Stock Exchange, Global, National Bank, Thomson Locations: ATHENS, Italian, Romanian, Greece, Eurobank
Instead, something unexpected made it to the top of the list this year: skin care. During the crucial holiday shopping season this year, Gen Alpha's fascination with skin care is expected to fuel a boon in sales. Beauty – two brands that have used TikTok to win over young consumers – also said they expect sizable sales this holiday from parents looking for gifts for their Gen Alpha kids. She said her daughter's interest in skin care is "great," and better than playing around with makeup. He coined the term Gen Alpha and is considered a leading expert on the generation.
Persons: Melissa Fuentes, Tatiana, Fuentes, , Gen, Ulta, Monica Arnaudo, Melissa Repko, , We've, Shai Eisenman, Bubble's, Tarang Amin, It's, Amin, Piper Sandler, That's, Rick Aaron, Allie, Katie, Aaron, Rick Aaron's, it's, Marley, Rose, me Marley, she'll, Karla Joseph, skincare, Karla Joseph She, Joseph, she's, Amy Wechsler, Wechsler, Johnson, Jodi Gralnick, CNBC Wechsler, Alpha, Mark McCrindle Organizations: CNBC, YouTube, America's, Alpha, Walmart Locations: Coral Springs , Florida, serums, British, Salt Lake City, Sephora, New York City
Toy figures of people are seen in front of the displayed Disney + logo, in this illustration taken January 20, 2022. For the fiscal fourth quarter ended Sept. 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data. The company said it added nearly 7 million Disney+ streaming subscribers in the quarter, with the inclusion of "Guardians of the Galaxy Vol. Disney+ and Disney+ Hotstar together boast 150.2 million subscribers, ahead of Visible Alpha's estimate of 147.4 million. "Our results this quarter reflect the significant progress we've made over the past year," Iger said in a statement.
Persons: Dado Ruvic, Walt Disney, Bob, Kevin Lansberry, Iger, Disney, Nelson Peltz, Trian, Paolo Pescatore, Paul Verna, Verna, We've, Dawn Chmielewski, Lisa Richwine, Chavi Mehta, Peter Henderson, Sayantani Ghosh, Matthew Lewis Organizations: REUTERS, ABC, Disney, Guardians, Trian, Management, Warner Bros Discovery, SAG, Insider Intelligence, Hulu, ESPN, Shanghai Disney, Walt Disney, Disney's Entertainment, Star, Big Ten, Thomson Locations: Shanghai, Hong Kong, Florida, India, Los Angeles, Bengaluru
What book would you pack if you were isolated in a Mars habitat with three other people for 378 days? The book includes descriptions of "psychological horrors produced by weeks in absolute darkness." Photographed in the Mars Dune Alpha's capsule library was a book titled "Blind Descent: The Quest to Discover the Deepest Cave on Earth," a novel by James Tabor. The living room/dining area inside of CHAPEA's Mars Dune Alpha at the Johnson Space center in Houston, Texas. "Ultimately, this information will help NASA make informed decisions to design and plan for a successful human mission to Mars," Douglas added.
Persons: , it's, Kelly Haston, Nathan Jones, Ross Brockwell —, James Tabor ., Tabor, Bill Stone, Alexander Klimchouk, who've, Jay C, Patrick Lencioni, MARK FELIX, Grace Douglas, Douglas Organizations: NASA, Service, Johnson Space Center, Crew Health, Publishers, Getty Locations: Houston , Texas, Mars, AFP
REUTERS/Mike BlakeApril 3 (Reuters) - Rivian Automotive Inc (RIVN.O) on Monday missed first-quarter production estimates as the electric-vehicle maker grappled with supply chain constraints, sending its shares down 4% in early trade. Rivian produced 9,395 vehicles at its Normal plant in the quarter ended March, compared with Visible Alpha's consensus estimates of 10,030 vehicles. Reuters GraphicsThe Irvine, California-based company, however, reiterated its annual production target of 50,000. The electric-vehicle maker has been losing money on every vehicle it builds, and narrowly missed its annual production target of 25,000 units last year. Electric-car maker Tesla (TSLA.O) on Sunday said it delivered 422,875 vehicles in the quarter ended March, up 4% from the previous quarter.
Generative-AI startup Aleph Alpha is in talks with investors over a new funding round, sources said. Aleph Alpha, a German generative AI startup, is in talks with investors over a new funding round, Insider has learned. Founded in 2019 by CEO Jonas Andrulis, a former machine-learning engineer at Apple, and Samuel Weinbach, Aleph Alpha researches and develops AI systems with a focus on enterprise customers. Aleph Alpha declined to comment. Aleph Alpha has a chatbot called Lumi which is built on top of its language-learning model Luminous.
Younger generations are set to become the largest buyers of luxury goods by 2030, the report says. Bain's study is based on information and data provided by the Fondazione Altagamma, an Italian luxury goods body with over 280 luxury companies as members. Millennials born between 1980 to 1994 are dubbed Generation Y, whereas Generation Z refers to those born between 1995 and 2009. These habits could also be a result of the booming luxury resale market, where Generation Y, Z, and Alpha are treating luxury goods as valuable investments. This is expected to make luxury goods much more accessible and bolster sales to Generation Y, Z, and Alpha consumers.
And anyone can invest as they disrupt the $1.2 trillion short-term rental market. Now reAlpha is doing it for the $1.2 trillion short-term rental industry — and the timing couldn't be better. Why reAlpha targets the vacation rental marketreAlpha is targeting the vacation rental market because it's outperforming the rest of the real estate sector, and isn't slowing down. reAlpha makes short-term rental investing easyWhile many aspiring property investors are looking to get in on the $1.2 trillion short-term rental market, they're faced with roadblock after roadblock. Not only is reAlpha targeting the fast-growing vacation rental market, but they're using AI to take the opportunity to the next level.
Reffkin (left) and Compass cofounder Ori Allon. Tech had been central to Compass' original missionFor years, Compass executives, including Reffkin, credited the company's tech with its meteoric rise in the residential-real-estate business. Though Compass' tech team still has 700 people, many more than any rival brokerage, the September layoffs seemed to initiate what insiders expect to be continuing cuts to the unit. "Robert is like Steve Jobs but without the insight," the veteran engineer who left Compass earlier this year said. Reffkin (left) and Allon ring the opening bell at the New York Stock Exchange.
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