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☆ The portfolio manager whisperers
▼ + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +24 min

AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.

Persons: Taylor Swift, Travis Kelce, Goldman Sachs, —, That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, —, Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny

☆ ‘Tortured Poets Department’: A listener’s guide to references hidden in Taylor Swift’s lyrics
▼ + stars: | 2024-04-20 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +14 min

CNN —Taylor Swift released “The Tortured Poets Department” on Friday, a 31-track surprise double album, and she’s clearly in an emotionally evolved era. Either way, as the title suggests in this song, she’s determined to get him back. ‘I Hate it Here’“This place made me feel worthless,” Swift sings. Others have connected the Cassandra that Swift sings about to the figure in Greek mythology, a priestess whose accurate prophecies were not believed. ‘The Bolter’“As she was leaving it felt like breathing,” Swift sings.

Persons: CNN — Taylor Swift, Department ”, you’ll, Post Malone, Swift, “, pining, ” “ I’ve, ”, ‘, Matty Healy, Joe Alwyn, Healy, Lucy, Jack –, Lucy Dacus, Jack Antonoff, –, Charlie Puth, ” Swift, iHeartRadio, ’, Alwyn, Swift’s, Taylor Swift, Christopher Polk, Orville Peck, Florence, Florence Welch, you’d, Welch, Emma Stone, “ Who’s, Edward Albee’s, Virginia Woolf, We’ve, Rich Polk, Aaron Dessner, ” Ouch, frontman’s, Travis Kelce, ‘ Clara Bow ’, Stevie Nicks –, Ryan Reynolds ’, Clara Bow, Swift longingly, doesn’t, ’ Swift, ‘ Nuff, Chloe, Sam, Sophia, Marcus ’, Reynolds, Blake Lively’s, Betty, James, Inez –, you’re, Kelce, Ezra Shaw, aIMee ’, Aimee, Kim Kardashian, she’s, “ KIM, you’ve, ‘ Cassandra ’, Kardashian, Cassandra, ‘ Peter ’, Peter Pan, Peter ”, Peter, Dessner, ‘ Robin ’ Organizations: CNN, Department, GQ, NBC, NBCU, Bank, Getty, YouTube, Kansas City Chiefs, San Francisco 49ers, Marvel, Windows, Disney Locations: British, London, Beverly Hills, ‘ Florida, Florida, Anaheim, London’s Vauxhall, Las Vegas, Cardigan

☆ Inside Andy Jassy's plan for Amazon in the generative AI era
▼ + stars: | 2024-04-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. By the way, we're wrapping up voting for the championship matchup in our business, tech, and innovation bracket. In today's big story, we're looking at Amazon CEO Andy Jassy's letter to shareholders, which details the tech giant's plan in the age of generative AI . What's on deck:AdvertisementBut first, Amazon, AI, and a letter. The big storyAmazon in the AI ageMichael M. Santiago/Getty Images; Chelsea Jia Feng/BIThe generative AI revolution is coming, and Amazon wants in on the ground floor.

Persons: —, We've, Andy Jassy's, Michael M, Chelsea Jia Feng, Andy Jassy, Ana Altchek, Jassy, that's, Andy Jassy Mike Blake, Eugene Kim, Jassy's, Phillip Faraone, Gregor Fischer, Noam Galai, Here's, it's, Morgan Stanley, Ben Bergman, Rebecca Zisser, Adam Neumann, Neumann, Samantha Lee, Bon Appétit, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Amazon, Getty, AWS, Bridgewater Associates, Pfizer, Reuters, Prime, TechCrunch, Games, New York Times, Visual China, BI, JPMorgan Chase, Citigroup, Coachella Locations: Wells Fargo, New York, London

☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
▼ + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com time to read: +22 min

At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."

Persons: MoviePass, Ted Farnsworth, Maria Bartiromo, he'd, Farnsworth, Jaeson Ma, Ted Farnsworth playbook, Ted, Barnum, John Fichthorn, I've, Shadwrick Vick, Rudy, Vick, Roderick Vanderbilt, who's, hocking, La Toya Jackson, Helios, Matheson, Brian Quinn, Farnsworth's, Michael Hartstein, Vinco, Matt Argall, Mitch Lowe, Reuters Farnsworth, David, Goliath, TikTok, We're, Argall, Elton John, Jamie McCarthy, Lomotif, Lil Nas X, Snoop Dogg, Grimes, Zash, Allan Stern, Get2it, Stern, Robert N, Scola Jr, Scola, he's, —, Lowe, Getty, Dave Kotinsky, Stringer Vinco, expeditiously, Farnsworth —, Vanderbilt, Jesse Law, Katherine Long Organizations: Fox Business, Hollywood, Business, Zash Global Media, Entertainment, Vinco Ventures, Fox, Hudson Bay, BI, Helios, Matheson, Matheson Analytics, Boston College Law School, Palladium Capital Group, Vinco, BHP Capital, Armistice, CVI Investments, National Enquirer, Reuters, AMC Theatres, AMC, Gemini Valuation, Hudson, Eightco Holdings, Elton John AIDS Foundation, 91st, EDC, Tampa Marriott, SEC, Publishing, National Examiner, Globe, The New York Times, Southern, Southern District of, Bloomberg, Bay, Vanderbilt, Federal Bureau of Investigation Locations: Hudson, Vinco, Zash, Hudson Bay, China, Syracuse , New York, Lomotif, Syracuse, West Hollywood , California, Vegas, Tampa, Argall, Boston, India, The, Miami, MoviePass, Southern District, Southern District of Florida, New York

☆ AI Garbage Is Already Polluting the Internet - The New York Times
▼ + stars: | 2024-03-29 | by ( Erik Hoel | ) www.nytimes.com time to read: +1 min

In other words, significant numbers of researchers at A.I. conferences were caught handing their peer review of others’ work over to A.I. And the closer to the deadline the submitted reviews were received, the more A.I. Some A.I.-generated scams are easy to identify, like the medical journal paper featuring a cartoon rat sporting enormous genitalia. Many others are more insidious, like the mislabeled and hallucinated regulatory pathway described in that same paper — a paper that was peer reviewed as well (perhaps, one might speculate, by another A.I.?

Locations: A.I

☆ The No. 1 AI mistake job seekers make, from a career expert: So many people use ChatGPT 'in exactly the wrong way'
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: +4 min

The wrong way to use AI for your resumeIn my experience, most job seekers using ChatGPT or other AI platforms begin with a prompt like "Generate a marketing resume." As in, I've never met a marketer in my two-decade career who did all of these things in one job. The right way to use AI for your resumeOK, you get the picture: Having AI generate your resume from scratch can be a fast track to rejection. Enter the following prompt: Which keywords from the below job description are missing from my resume? Zoom In Icon Arrows pointing outwards3.

Persons: ChatGPT, who's, That's, I've, you've Organizations: Khan Academy, CUNY, MBAs, Harvard Business School

☆ Dude, you’re not getting a Dell. So why is its stock soaring?
▼ + stars: | 2024-02-29 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —It’s not a good time to be selling PCs — Dell has been grappling with sinking demand for the past few years. But its stock still shot up 20% in after-hours trading after the company excited investors about the tech industry’s favorite buzzwords: artificial intelligence. Dell revenue declined 11% in the fourth quarter. Still, the Texas-based firm noted demand for powerful servers to run AI workloads surged in the last three months. Dell Technologies shares, which reached a record high close to cap Thursday’s trading session, rose almost 20% in after-hours trading.

Persons: New York CNN — It’s, Dell, workloads, “ We’ve, Jeff Clarke, Gartner, ” Clarke, CNN’s Krystal Hur Organizations: New, New York CNN, Dell, Dell Technologies, Nvidia Locations: New York, Texas

☆ Smartphone giants like Samsung are going to talk up 'AI phones' this year — here's what that means
▼ + stars: | 2024-02-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Companies like Qualcomm and MediaTek have launched smartphone chipsets that enable the processing power required for AI applications. Large language models are huge AI models trained on vast amounts of data that underpin applications like the widely popular chatbots. The other big part of the AI smartphone puzzle is the term "on-device AI." Previously, many AI applications on devices were actually partly processed in the cloud, then downloaded onto the phone. Smartphone makers say on-device AI improves the security of gear, unlocks new applications and also makes them faster, since the processing is done on the handset.

Persons: SeongJoon Cho, OpenAI's ChatGPT, Bryan Ma, Ma, Ben Wood, Wood Organizations: Samsung Electronics Co, Samsung, Bloomberg, Getty, Mobile World Congress, MWC, IDC, CNBC, Qualcomm, MediaTek, CCS Insight Locations: Seoul, South Korea, Barcelona, Spain

☆ Four Secret Service agents were disciplined after getting snookered by imposter federal cops
▼ + stars: | 2024-02-03 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

But what happened to the four Secret Service agents they bamboozled? But the remaining two are still working as Secret Service agents "after discipline," Mihalek said. But the pair's ability to trick four Secret Service agents was no laughing matter. But at least one of the other Secret Service agents had his location tracked while working. AdvertisementRegardless, it's a bad look, former Secret Service agents told Business Insider.

Persons: —, imposters, Jill Biden, Haider Sher Ali, Arian Eugene Taherzadeh, Donald J, Mihalek, Ali, Joe Biden, Ari Eugene Taherzadeh, Taherzadeh, Air Marshal who'd, he'd, El, Calvin Klein, Jill Biden's, Taherzadeh's, Jill, Joseph Funk, Funk, Bill Pickle, Al Gore's, Pickle Organizations: Secret Services, Service, Federal, Association Foundation, Secret, Court, Southern District of, Southern District of New York, Army Ranger, Air, Homeland Security, Anadolu Agency, DHS, Secret Service, agency's Uniformed Division, Homeland Security Investigations, Uniformed Division, Business, Employees, TorchStone, Rolex Locations: Washington ,, Southern District, Southern District of New, Eastern, United States, Southern District of New York

DAVOS, Switzerland (AP) — Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum's annual meeting — boldly touting that theme — it’s that we still have a long way to go. The idea is getting people together, and big announcements are often just a byproduct — not the aim. “It’s unrealistic to think that Davos — or any meeting, anywhere in the world — in one meeting can rebuild trust when it’s fragmented on so many dimensions," said Rich Lesser, chairman of Boston Consulting Group. But thousands of conversations between the social, private and public sectors help create "a starting point for rebuilding trust,” he said.

Persons: —, Rich Lesser, ”, bigwigs, Bill Gates, Agnès Callamard, craziness, Long, Volodymyr Zelenskyy, ” Zelenskyy, ” Pham Minh Chinh, vociferously, Benjamin Netanyahu, Antony Blinken, wasn't, Antonio Guterres, Masha Macpherson, David Keyton, Courtney Bonnell, Kelvin Chan Organizations: —, Boston Consulting, Nature Energy, “ Cooperation, Security, Amnesty, European Union, U.S, Israeli, ” Locations: DAVOS, Switzerland, Swiss, Davos, suss, Ukraine, U.S, India, South Africa, UKRAINE, Kyiv, Europe, United States, Britain, Israel, Gaza, Palestinian, Saudi Arabia, London

☆ What the global elite are saying about AI behind closed doors
▼ + stars: | 2024-01-19 | by ( Matt Turner | ) www.businessinsider.com time to read: +8 min

AdvertisementThe annual World Economic Forum just wrapped up in Davos, Switzerland, and talk of artificial intelligence was just about everywhere. AdvertisementPlenty of companies touted their AI wares at the World Economic Forum in Davos this year. Related storiesAt Automation Anywhere, which, as its name suggests, works on automating work, the customer-service team shrank when AI was implemented. Others I spoke to agreed: Many businesses have small-scale AI experiments running, often with promising results so far. These AI projects are expensive, and not every company has the financial or human capital to pursue an ambitious AI strategy.

Persons: Matt Turner, —, Sam Altman, Rob Goldstein, copilots, Jason Girzadas, he'd, Oliver Wyman, Deb Cupp, Mihir Shukla, Ana Kreacic, Shukla, Becky Frankiewicz, Lareina Yee, WEF, Satish H.C, Mustafa Suleyman, DeepMind, Kapilashram, Azeem Azhar, Dan Vahdat Organizations: Economic, Service, Tech, Infosys, IBM, Builder.ai, Cisco, Qualcomm, Salesforce, BlackRock, Deloitte, Microsoft, Oliver Wyman Group, Standard Chartered, McKinsey, Huma Therapeutics Locations: Davos, Switzerland

☆ Opinion: The problem with the UK’s ban of FKA twigs’ Calvin Klein ad
▼ + stars: | 2024-01-16 | by ( Opinion Jill Filipovic | ) edition.cnn.com time to read: +8 min

In the ad, FKA twigs looks directly at the camera. What’s clear, though, is that the Jeremy Allen White ads expose much more of his body than the FKA twigs ad exposes of hers. And the FKA twigs ad isn’t the only one in which a woman appears partly nude to advertise her Calvins. And in another, she’s wearing just socks and underwear with no top — again covering her breasts with her arms, but, like FKA twigs, also exposing the side of her leg, torso, arm and breast; unlike FKA twigs, she’s sitting rounded over, in a less stereotypically powerful, and more passive-appearing, position. The Calvin Klein company said its ad was from a partnership with FKA twigs, a confident and empowered woman.

Persons: Jill Filipovic, Calvin Klein, Jeremy Allen White, she’s, Josephine Baker, Eartha Kitt, Grace Jones, “, Kendall Jenner, Jean Kilbourne, —, wasn’t “, ”, Brooke Shields, Shields, White, Jenner Organizations: Twitter, CNN, New York Times, Authority, Standards Agency Locations: New York

☆ Lawsuit Challenging University of California’s D.E.I. Statements Is Tossed
▼ + stars: | 2024-01-13 | by ( Vimal Patel | More About Vimal Patel | ) www.nytimes.com time to read: +3 min

Behind the LawsuitDiversity statements — also known as diversity, equity and inclusion, or D.E.I., statements — ask candidates seeking a faculty job or promotion to describe how they would contribute to campus diversity. In his lawsuit, John Haltigan, who has a Ph.D. in developmental psychology, said he would have applied to a position at U.C. The Pacific Legal Foundation, a libertarian group that filed the lawsuit for Dr. Haltigan, did not make him available for an interview. They also say the statements are another tool that the savvy can use to hit the right buzzwords, rewarding performative dishonesty. requirements for faculty hiring — or the system’s diversity and inclusion efforts more broadly — but it defangs for now what experts say was among the first legal challenges to these university statements.

Persons: —, John Haltigan, “, ”, Haltigan, ‘, ” Erwin Chemerinsky, Wilson Freeman Organizations: Pacific Legal Foundation, University of California, Berkeley, Chronicle, Higher Education, Universities Locations: U.C, Santa Cruz, North Dakota, Florida, Texas, Arizona

☆ Mark Cuban shares the No. 1 jargon word he hates the most: ‘You sound stupid ... trying to sound smart’
▼ + stars: | 2023-12-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Mark Cuban is no fan of jargon — and the billionaire is far from alone. But using jargon words when you could opt for something simple and clear instead, typically has the opposite effect, according to Cuban. "Always use the simpler word," Cuban told Wired in an October video Q&A. "There's no reason to ever use the word 'cohort' when you could use the word 'group,'" he said. You sound stupid when you use the word 'cohort,' because you're trying to sound smart."

Persons: Mark Cuban, Warren Buffett, Buffett, Elon Musk, Adam Galinsky, Galinsky Organizations: Wired, Tesla, Columbia Business School, CNBC Locations: Cuban

☆ These 11 startups are helping creators build communities and make money from memberships, courses, and private group chats
▼ + stars: | 2023-12-01 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +1 min

Startups are testing ways to help creators connect with fans and make money. Business Insider is highlighting 11 community-focused startups, from Patreon to Discord. "If you want to become a sustainable creator, you can't just rely on AdSense anymore," Jim Louderback, creator-economy expert and former CEO of VidCon, told Business Insider. Luckily for them, there's an entire ecosystem of creator-economy and consumer-tech startups with the mission to do just that. This story is available exclusively to Business Insider subscribers.

Persons: Jim Louderback, — Organizations: Business Locations: Patreon

Lee submitted his master’s thesis film “Joe’s Bed-Stuy Barbershop: We Cut Heads,” starring Monty Ross, to the Student Academy Awards. The Student Academy Awards may not be as glitzy or high profile as the Oscars, but in its 50 years it has proven to be a vital launching ground for emerging filmmakers. Inclusion and access may sound like recent buzzwords, but the film academy has been striving to break down barriers to entry for decades. “Once your name is tied to a Student Academy Award, it just opens all of these doors,” Carter said. Like Lee did four decades earlier, he applied to the student academy awards while studying at NYU.

Persons: Spike Lee, Lee, ”, Monty Ross, Walter Mirisch, Pete Docter, Robert Zemeckis, Trey Parker, Patricia Riggen, Bob Saget, Patricia Cardoso, “, Kendra Carter, ” Carter, Lachlan Pendragon, ” Pendragon, Giorgio Ghiotto, ” Ghiotto Organizations: New York University, Student, NYU Locations: Australian, Italy, Los Angeles

☆ CHART OF THE DAY: Recession fears appear to be cooling among US companies
▼ + stars: | 2023-11-20 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Mentions of inflation were down to 55% of companies in the third quarter, down from a peak of 83% in 2022. Taken together, the "recession" and "inflation" mentions points to moderating, but still persistent unease among companies. "Stocks have shrugged off recession fears, but they remain elevated at many companies. But they also note that the still-elevated mentions of inflation and recession don't necessarily bode poorly for stock performance. Big Wall Street firms are mixed in their outlook for the economy next year.

Persons: —, disinflation, DataTrek, DataTrek cofounders Nicholas Colas, Jessica Rabe, Colas, Rabe, bode, Goldman Sachs Organizations: Service, Research, Wall Street, Wall, Bloomberg, JPMorgan Locations: America

☆ 'The hard part is over': Here's what Goldman Sachs sees in the year ahead as markets and the economy return to pre-2008 conditions
▼ + stars: | 2023-11-11 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Goldman Sachs said the economy and investing landscape is returning to a pre-2008 environment. Conditions are normalizing as the end of ultra low rates ends andNEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In a note to clients this week titled, "The Hard Part Is Over," Goldman strategists led by Jan Hatzius highlighted that economies around the world have outperformed even optimistic expectations through 2023. Despite their relative optimism, Goldman strategists said they see "higher-than-normal risks" for 2024. Goldman Sachs says its probability-weighted fed funds forecast is below its modal baseline forecast Goldman SachsThere are also downside risks around growth, the bank said.

Persons: Goldman Sachs, —, Goldman, Jan Hatzius, Hatzius, Charles Schwab, Goldman Sachs Goldman Sachs, disinflation Organizations: Service, Goldman, Federal Reserve Locations: Europe

☆ Silicon Valley Shrugs Off Sam Bankman-Fried’s Trial
▼ + stars: | 2023-11-02 | by ( Erin Griffith | More About Erin Griffith | ) www.nytimes.com time to read: +1 min

In the four weeks that Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, was on trial on fraud charges, the tech industry:Reacted to the war in Israel and Gaza, including protesting a tech conference organizer’s social media posts about the conflict. Buzzed over a manifesto from a top venture capitalist outlining a list of enemies to technological progress. Scrambled to invest money in the hottest artificial intelligence company, OpenAI, at triple its valuation earlier this year. Hotly debated the new features on Threads, a social media site owned by Meta. But a simpler answer could be that the tech industry has again done what it does best: move on to the next thing.

Persons: Sam Bankman, Bankman Organizations: Meta Locations: Israel, Gaza, FTX

☆ Explainer-What Is APEC? Asia-Pacific Leaders Head to San Francisco
▼ + stars: | 2023-11-01 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +5 min

By David BrunnstromWASHINGTON (Reuters) - Leaders from the 21-member Asia-Pacific Economic Cooperation forum will meet in San Francisco this month for the 30th APEC summit, the first hosted by the United States since 2011. APEC leaders are due to gather between Nov. 15-17. From Nov. 11 senior APEC finance officials and ministers will meet ahead of the summit, while the annual APEC CEO summit will run from Nov. 14-16. As of 2021, APEC members made up seven of the United States' top 10 overall trading partners. FASHION SHOWTraditionally APEC leaders wear local costume for a final-day group photo.

Persons: David Brunnstrom WASHINGTON, Joe Biden, Xi Jinping, Xi, Biden, Morris Chang, John Lee, Lee, Paul Chan, Vladimir Putin, Putin, Matt Goodman, BUZZWORDS, Goodman, Washington, Donald Trump, Bill Clinton, Barack Obama, David Brunnstrom, Michael Martina, Michelle Nichols, Matthew Lewis Organizations: Economic Cooperation, APEC, U.S, TSMC, Reuters Hong, Hong, Financial, The State Department, White, Economic Locations: Asia, San Francisco, United States, China, Bali, Canberra, Australia, Brunei, Canada, Chile, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, Vietnam, India, Bangkok, Washington, U.S, Ukraine, APEC, Seattle, Francisco

☆ What is APEC? Asia-Pacific leaders head to San Francisco
▼ + stars: | 2023-11-01 | by ( David Brunnstrom | ) www.reuters.com time to read: +6 min

REUTERS/Athit Perawongmetha/Pool/File Photo Acquire Licensing RightsWASHINGTON, Nov 1 (Reuters) - Leaders from the 21-member Asia-Pacific Economic Cooperation forum will meet in San Francisco this month for the 30th APEC summit, the first hosted by the United States since 2011. APEC leaders are due to gather between Nov. 15-17. From Nov. 11 senior APEC finance officials and ministers will meet ahead of the summit, while the annual APEC CEO summit will run from Nov. 14-16. As of 2021, APEC members made up seven of the United States' top 10 overall trading partners. FASHION SHOWTraditionally APEC leaders wear local costume for a final-day group photo.

Persons: Xi Jinping, Peng Liyuan, Prayuth Chan, ocha, Naraporn Chao, Athit, Joe Biden, Xi, Biden, Morris Chang, John Lee, Lee, Paul Chan, Vladimir Putin, Putin, Matt Goodman, BUZZWORDS, Goodman, Washington, Donald Trump, Bill Clinton, Barack Obama, David Brunnstrom, Michael Martina, Michelle Nichols, Matthew Lewis Organizations: Thai, Economic Cooperation, REUTERS, Rights, APEC, U.S, Reuters Hong, Hong, Financial, The State Department, White, Economic, Thomson Locations: Asia, Bangkok, Thailand, San Francisco, United States, China, Bali, Canberra, Australia, Brunei, Canada, Chile, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Vietnam, India, Washington, U.S, Ukraine, APEC, Seattle, Francisco

☆ Explainer: What is APEC? Asia-Pacific leaders head to San Francisco
▼ + stars: | 2023-11-01 | by ( David Brunnstrom | ) www.reuters.com time to read: +6 min

☆ 92% of American adults say they prefer to date people who've been to therapy, survey shows
▼ + stars: | 2023-10-25 | by ( Renée Onque | ) www.cnbc.com time to read: +3 min

It found that most people are looking for partners who have either seen a mental health professional in the past or are currently seeing one now. Fully 92% of those polled said they prefer to date people who've been to therapy, the September survey found. "I don't like what you do, so I say you're gaslighting me," Perel said. That is to say, while some people get useful insight and assistance out of working with a mental health professional, other people may just get buzzwords. "If you've never felt the need for therapy, you're not ready, or it's simply not for you," Pure notes, "your romantic prospects are probably just fine."

Persons: who've, Esther Perel, Perel, hasn't, you've Organizations: CNBC, Global

☆ The 16 most valuable global AI companies in sports, plus other takeaways from new data on VC investment in the sector
▼ + stars: | 2023-10-19 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +6 min

While generative AI startups are attracting more investment overall, 2023 could be a notably slow year for venture capital investment in sports AI following several years of activity, according to new data from PitchBook. The year could mark the lowest level of investment in the sector since 2018 when PitchBook tracked just under $200 million in VC activity. Both those years had 114 VC investments, compared to just 54 in 2023 through mid-October, PitchBook data shows. These are the top 16 highest-valued sports AI companies globally in 2023, according to PitchBook:1) SigmaStar — $4.55 billion. The Beijing-based computer vision technology company offers solutions in sports and health, evaluating movement in real-time, according to its website.

Persons: PitchBook, Hudl, STATSports, Creatz, Ligatech, Simplebet, Zepp Organizations: Yi Technology, WSC Sports, Cleveland Cavaliers, Kakao, Arsenal FC, US, National Soccer Team, Duke University, Kansas City Chiefs, Ligatech, Tempus, Francisco's Tempus, Chelsea FC, NFL, Sports, NBA, MLS, Premier League, AI Research Locations: deepfakes, Beijing, Israel, New York, Korean, Europe, Mexico, Lincoln , Nebraska, Northern Ireland, Shanghai, PitchBook, Los Angeles, China, Vancouver

☆ How a California hedge fund bulldozed the state's labor laws to impose some of the harshest noncompetes on Wall Street
▼ + stars: | 2023-10-03 | by ( Alex Morrell | ) www.businessinsider.com time to read: +23 min

That's partly why so few quantitative trading firms reside in California, whose labor-friendly laws have long favored employee mobility and competition. Exhibit A: The Voleon Group, a prominent quantitative-trading firm based in Berkeley, California, that manages about $5 billion in assets. The hedge fund has bulldozed past state prohibitions to not just impose noncompetes, but impose some of the harshest noncompetes in the entire industry, according to seven former employees, industry experts, and documents detailing the firm's restrictive covenants. Like so many other quant-trading firms, Voleon took care to protect its edge. Other employees Insider spoke with have a less generous view, with several describing the company as stingy — a third ex-employee bemoaned the company as "notoriously cheap" on compensation.

Persons: Kathy Hochul's, haven't, Michael Kharitonov, Jon McAuliffe, Shaw, — Kharitonov, McAuliffe, Voleon, —, Harry Lipman, Rottenberg Lipman Rich, Lipman, bemoaned, noncompetes, Martin Wainwright, Howard Aiken, Wainwright, hasn't, It's, Jessica Riggin, Rukin Hyland, Riggin, specter, James Hannaway, Sanford Heisler Sharp, Hochul, Rob Bonta, Sen, Anna Caballero, foisting, Caballero, Voleon's Organizations: New, Gov, University of California, Stanford, UC Berkeley, Wall Street, Google, Citadel, Sigma, That's, Big Tech, Darwin, MIT, Berkeley, California, Labor Locations: New York, California, Berkeley , California, University of California Berkeley, Berkeley, Voleon, Delaware, Washington ,

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