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☆ Exclusive: GroundGame Health and SameSky Health are merging with $17 million from 7wireVentures and Elevance to get underserved patients access to care
▼ + stars: | 2024-04-30 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

The newly combined company also landed a $17 million Series A led by 7wireVentures. The venture firm is an existing investor in SameSky Health. Health insurance giant Elevance Health, formerly known as Anthem, an existing investor in GroundGame Health, also participated in the round. By addressing these barriers together, GroundGame CEO Susan Rawlings Molina said, GroundGame and SameSky can help more patients access healthcare while saving money for payers. While SameSky's technology can help underserved patients seek out care, GroundGame can close the loop by removing barriers to their access to that care, she said.

Persons: —, 7wireVentures, Susan Rawlings Molina, Molina, we're, SameSky, GroundGame, they're, Lee Shapiro, Alyssa Jaffee, Robert Garber, Glen Tullman, haven't, Abner Mason, Garber Organizations: Service, SameSky, Business, Health, 7wireVentures Industry Locations: Health, healthtech, SameSky

☆ FCC fines big phone companies nearly $200 million for sharing customer location data
▼ + stars: | 2024-04-30 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

The FCC fined four US network providers nearly $200 million for illegally sharing customer data. AdvertisementThe Federal Communications Commission fined four US wireless carriers close to $200 million for illegally sharing access to customers' location data. The FCC said on Monday that these phone companies sold customers' location data to "aggregators," who resold access to the data to companies that provide location-based services. The FCC said dozens of location-based services accessed phone companies' customer data without ensuring consumer consent, even after the phone companies were aware of the links. In response to the FCC fines, all three phone providers said they expect to appeal the decision.

Persons: —, Jessica Rosenworcel, Ron Wyden Organizations: FCC, Service, Federal Communications Commission, Verizon, Mobile, Sprint, Companies, CNN

☆ Student protests at Columbia University escalate with Hamilton Hall occupation
▼ + stars: | 2024-04-30 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Read previewStudent protesters at Columbia University have barricaded Hamilton Hall, one of the main buildings on the campus in New York City, with several reportedly inside. CNN reported that about 200 student protesters had barricaded the building's entrance, with about a dozen people inside. John Towfighi, a CNN staffer and Columbia student, told the outlet there was no visible police presence. Related storiesThe group posted a video on X that appeared to show student protesters forming a human chain to protect those occuping Hamilton Hall. Columbia University did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, John Towfighi, Nemat Minouche Shafik, Shafik, It's, Rabbi Elie Buechler Organizations: Service, Columbia University, Hamilton, Hamilton Hall, Palestinian, NBC, Business, CNN, Columbia, NYPD, Columbia Spectator, Columbia Students, Justice, Protesters, The New York Times Locations: New York City, Palestine, Israel, Columbia, Gaza

☆ I went to one of the first TikTok Live studios. Here's what it was like and what the livestreamers do.
▼ + stars: | 2024-04-30 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

Read previewNoah Cameron Maydale and Francesca Batley do livestreaming on TikTok for a living. Maydale (who goes by @knowasound, or just Noah, on TikTok) and Batley, whose stage name is Fairie (@fairiefairie on TikTok), are two of the first creators to join a relatively new program started by TikTok agency GravitasQ. TikTok livestreaming in the UK has been growing faster than the company's ads business, company filings show. In-person live studios are a recent addition to TikTok's strategy and one that the company has been developing with select agencies. Here's what it looked like and what Fairie and Noah were doing there at the end of April.

Persons: —, Noah Cameron Maydale, Francesca Batley, @knowasound, Noah, TikTok, Dipesh Pattni, Pattni, Fairie, Emilia Harker, Sitesh, they'd, I'm, Fairie's, livestreamers, you've Organizations: Service, Business, Tesco Locations: livestreaming, Hemel Hempstead, London, Batley

☆ Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace
▼ + stars: | 2024-04-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we examine how tough the job market is for the well-paid employee . That's the current job trend, as higher-paid employees are having trouble finding work despite a historically strong labor market. iStock; Rebecca Zisser/BIThe so-called white-collar recession could also have a lasting impact on the job market for high earners. AdvertisementIt speaks to the broader theme of efficiency Big Tech companies have touted for the better part of a year .

Persons: —, Alyssa Powell, Insider's Aki Ito, BI's Emily Stewart, Aki, Rebecca Zisser, Wall, There's, Christine Ji, Kenneth Tan, Alexander Spatari, Abanti Chowdhury, Christine Ji's, Raymond James, Larry Adam, Goldman Sachs, Elon Musk, Premier Li Qiang, Beijing . Wang Ye, Musk, Li Qiang, Jensen Huang, Douglas Sacha, Getty, Bob Bakish, Shari, David Kohl, Shopify, Changpeng Zhao, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Hamptons, Big Tech, Tech, Amazon, Bank of America, Elon, Premier, AP Elon Musk's, Federal Reserve, Paramount Locations: America, Beijing ., Xinhua, China, New York, London

☆ A woman hid her tattoos to get her corporate job, and thinks others should too
▼ + stars: | 2024-04-30 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

This story is available exclusively to Business Insider subscribers. AdvertisementAshley Ketner works full-time in a corporate sales job where she proudly displays colorful tattoos on her arms, legs, back, and head. Speaking to Business Insider, Keter said she regularly gets new ink, as she believes her tattoos are a "personal art collection." "I obviously got the job based on my credentials, and very soon after being hired, my tattoos were on full display. While starting a conversation about tattoos with your employer could be intimidating for some people, it's worth noting that

Persons: —, Ashley Ketner, Keter, Ketner, she's, Meg Wright Ketner, it's Organizations: Service, Business Locations: North Carolina, New York City

☆ Exclusive: French VC firm Ventech has exited digital music company Believe and launched its 6th fund
▼ + stars: | 2024-04-30 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Read previewVenture capital firm Ventech has sold its stake in digital music company Believe, saying the company's lack of liquidity has led to it being "chronically undervalued" on the Paris Stock Exchange. "It wasn't really possible to use the Believe stock to accelerate its build-up," he added. Related stories"The management wanted to size the company, but the stock price and liquidity wasn't allowing that," he said. Ventech has raised an initial closing for its sixth fund, targeted at around €225 million ($241 million). Ventech has made initial deals from its sixth fund, backing French startup Firecell and German real-estate management company Einwert.

Persons: —, Ventech, Jean Bourcereau, Thomas Bravo, Bourcereau Organizations: Service, Paris Stock Exchange, Business, London Stock Exchange Locations: Ventech, €, Europe, Stockholm

☆ The ex-Twitter director who went 'hardcore' for Elon Musk and slept on the floor of X's office is now working for his Meta nemesis, Mark Zuckerberg
▼ + stars: | 2024-04-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewA former top lieutenant at Elon Musk's Twitter says she's working for Mark Zuckerberg at Meta now. AdvertisementBesides lauding "the exceptional quality of the people" working at Meta, Crawford said she was attracted by Zuckerberg's "vision and intensity." Crawford's latest career move could be an indicator of big moves Zuckerberg may be making in his bid to vanquish Musk's X. "I do plan to keep using both X and Threads," she said in an email to BI on Monday. Representatives for Meta and X didn't immediately respond to requests for comment from BI sent outside regular business hours.

Persons: —, Mark Zuckerberg, I've, Esther Crawford, Crawford, he's, Zuckerberg, Elon Musk's, Elon, Musk's, hasn't, X didn't Organizations: Service, Elon, Twitter, Meta, Business, BI

☆ Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal negotiations
▼ + stars: | 2024-04-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Read previewParamount's CEO Bob Bakish was ousted on Monday night, putting the entertainment giant one step closer to accepting a merger deal. The would-be buyer, film studio Skydance Media, is owned by David Ellison, son of billionaire Oracle founder Larry. An investor in Skydance since 2020, RedBird is the media company's largest shareholder other than the Ellison family. This story is available exclusively to Business Insider subscribers. "I think it's my biggest competitive advantage that I don't get emotionally attached," Cardinale told Business Insider in 2022.

Persons: —, Bob Bakish, David Ellison, Larry, RedBird, Ellison, Gerry Cardinale, Goldman Sachs, Jeff Shell, Skydance, " Cardinale, Goldman, Jon Winkelried, Gerry, Axel Springer Organizations: Service, Skydance Media, RedBird Capital Partners, Business, New York Yankees, Dallas Cowboys, NFL, AC Milan, Paramount, KKR, Sony, TPG Locations: Skydance, RedBird

☆ Sam's Club says getting rid of physical receipt checks at the door has been a big success
▼ + stars: | 2024-04-30 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Sam's Club's new AI-powered purchase verification tech is now in more than 120 locations across the US. The Walmart-owned warehouse club says it has helped get shoppers out the door 23% faster. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementSam's Club's new verification tech, which ditches physical receipt checks for an AI-powered scan of shoppers' carts, has now been rolled out to more than 120 locations across the US. This story is available exclusively to Business Insider subscribers.

Persons: Sam's, — Organizations: Walmart, Amazon, Service, Business

☆ China's plan to be the dominant power in space is moving at breathtaking speed. The US needs to wake up, officials say.
▼ + stars: | 2024-04-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

Read previewAfter a meeting with Japanese and South Korean officials in Tokyo on Friday, US Space Force commander Gen. Stephen Whiting warned about a growing threat. China, he said, is "moving at breathtaking speed in space," and is developing a range of weapons that threaten America's space supremacy, reported Stars and Stripes. "For the first time in decades, US leadership in space and space technology is being challenged," Meink added. Chance Saltzman, Chief of Space Operations at United States Space Force, last year warned against taking US space supremacy for granted. Air Force Lieutenant General Gregory Guillot (L) and US Space Force Lieutenant General Stephen Whiting (R) on July 26, 2023.

Persons: —, Stephen Whiting, They're, Troy Meink, Space.com, Meink, Chance Saltzman, I'm, Saltzman, Whiting, Dominic Chiu, Gregory Guillot, BRENDAN SMIALOWSKI, Donald Trump, Chiu, Artemis, Frank Lucas, Anthony Mastalir, Graeme Thompson, Thompson, Tory Bruno, Arthur Herman, John F, Kennedy, Ronald Reagan, we've Organizations: Service, Korean, Space Force, Business, National Reconnaissance Office, Space Operations, United States Space Force, Eurasia Group, Air Force, US Space Force, House Science, Technology Committee, Brig, US Space Forces, Pentagon, United Launch Alliance, NBC News, Hudson Institute Locations: Tokyo, China, Colorado, Australia, Russia

☆ Meta's AI search is weird and uncanny — and I'm not sure who it's for
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementFacebook, WhatsApp, and Instagram have integrated Meta AI into the search fields of their mobile apps. The search bar in the Facebook and Instagram apps is one place you probably know very well. You come to the Facebook search bar to type in the name of your local Buy Nothing group, but instead, you see an animated blue circle with "Ask Meta AI anything." The search bar on the Facebook app now has AI prompts. Instagram search suggestions are slightly more Instagram-y.

Persons: Instagram, —, Meta, Pew, ike, .. F, els Organizations: Service, Facebook, Fast Company, rit, up id, Meta Locations: uri

☆ New VC fund 'Intuition' plans to invest $16 million in consumer startups. Here are the details.
▼ + stars: | 2024-04-30 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +1 min

Hugo Amsellem and Etienne Boutan are launching Intuition, a VC fund eyeing consumer startups. The €15 million (about $16 million) fund will invest in early-stage consumer startups in Europe and the US. Intuition plans to host a "Consumer Tour" to connect founders and investors across seven cities. Hugo Amsellem and Etienne Boutan, two French investors behind the new VC fund Intuition, are on the hunt for "slightly delusional" consumer tech founders. "When you're a consumer founder, you're trying to target millions of users, and you're trying to provide them something that they don't know that they want yet," Amsellem, a former founder himself and startup advisor, told Business Insider.

Persons: Hugo Amsellem, Etienne Boutan Organizations: Business Locations: Europe

☆ Read the email Fisker sent to staff warning of layoffs if the company can't correct course
▼ + stars: | 2024-04-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFisker warned employees on Monday that they could be laid off in two month and the company's facility could close if the company is unable to course correct. The company told staff it was bringing in a restructuring officer last week, according to a previous email viewed by BI. AdvertisementThree current employees told BI that everyone they had spoken to at Fisker said they had received the notice. Should this possibility materialize, the Company has an obligation to provide "conditional notice" that employees — including yourself — will be terminated on June 28, 2024.

Persons: —, Fisker, John DiDonato Organizations: Service, Business, BI, Worker, Fisker, Inc, Company Locations: Manhattan Beach , California, La Palma , California, Munich, Vienna, ____________

☆ Billionaire Cloudflare CEO's lawsuit over his neighbors' dogs is getting wild
▼ + stars: | 2024-04-30 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Matthew Prince is suing his Park City neighbors over their Bernese Mountain dogs. They say it's retaliation for opposing Prince's plans to build his dream home. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMatthew Prince, the billionaire cofounder of cybersecurity company Cloudflare, is waging a legal battle with his neighbors over their Bernese Mountain dogs, Sasha and Mocha. But his neighbors, Eric Hermann and Susan Fredstom-Hermann, say the suit is actually retaliation for opposing Prince's plans to build his dream home in the ritzy ski town, The Wall Street Journal reports.

Persons: Matthew Prince, Prince, —, Eric Hermann, Susan Fredstom, Hermann Organizations: City, City Hall, Service, Street, Business Locations: Mocha

☆ AI has entered the workplace. 3 industry leaders discuss how businesses can embrace it.
▼ + stars: | 2024-04-30 | by ( Leila Jordan | ) www.businessinsider.com time to read: +4 min

As the new technology accelerates in skill and ubiquity, business leaders are racing to figure out what the relationship between workers and AI will look like in years to come. Business Insider's virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, brought together a panel of experts to discuss the trials, triumphs, and future of AI. He discussed the major ways in which Dell is integrating AI into its processes, from increasing productivity for developers to automating content. "There are predictions that we could have two times, three times, even four times the employment demand for new job growth as a result of gen-AI and AI ethicists, AI translators, AI mediators, AI co-creative, AI legal, and compliance experts," Miscovich said. Working with AI from the ground floor can allow businesses to design the parameters that will guide AI's future presence in the workplace.

Persons: Matt Baker, Mozziyar Etemadi, Peter Miscovich, Tim Paradis, Baker, Miscovich, Etemadi Organizations: Service, Efficiency, Dell Technologies, Business, Dell, Northwestern Medicine, AIs

☆ More CEOs are deciding the stress, pressure, and loneliness are just not worth the money
▼ + stars: | 2024-04-30 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pressure, stress, and lonelinessHead honchos have been calling out the difficulties of their jobs for years. Tesla and SpaceX CEO Elon Musk has bemoaned that running a company is "really not that fun" and "just awful" at times. "The depths of loneliness I experienced as a CEO are difficult to put into words," he posted on X in January. The combination of immense pressure, stress, loneliness, and lack of work-life balance that often comes with being a CEO may well explain why few people last long in the role.

Persons: —, HSBC's Noel Quinn, Bob Bakish, Dr Martens, Kenny Wilson, Andrew Challenger, HSBC's Quinn, Elon Musk, Musk, Grzegorz Wajda, Brian Chesky, Warren Buffett, Berkshire Hathaway, Buffett Organizations: Service, Paramount, Business, SpaceX, Berkshire, he's

☆ Inside NBC's ingenious scheme to snatch NBA rights from Warner Bros. Discovery's TNT
▼ + stars: | 2024-04-30 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Discovery's TNT is dangerously close to being left out of the NBA's next TV deal after rival NBC made a massive offer, according to a recent report from The Wall Street Journal. A source familiar with the negotiations told Business Insider that a deal hasn't been finalized and offers are always changing. Still, it's not clear that paying an average of $2.5 billion a year for NBA rights will be profitable. AdvertisementJoe Bonner, a media analyst at Argus Research, has been under the assumption that WBD can and will retain NBA rights even though its cable-TV revenue is steadily shrinking.

Persons: —, hasn't, NBA hasn't, Craig Moffett, Peacock, Moffett, it's, Joe Bonner, Bonner Organizations: Service, Warner Bros, TNT, NBC, Wall Street Journal, Business, NBA, ESPN, Amazon, Puck, Comcast, Argus Research

☆ Taiwan's economy is booming thanks to the AI craze
▼ + stars: | 2024-04-30 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Taiwan's economy is booming. Its GDP rose by a better-than-expected 6.5% in the first quarter, data published on Tuesday showed. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe ChatGPT-fueled artificial intelligence boom has helped Taiwan's economy expand more than expected. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Gross, Bloomberg, Business

☆ An ultra-luxury cruise line wants to attract wealthy Americans with its all-inclusive 'yachts' — see what the new 128-guest ship will be like
▼ + stars: | 2024-04-30 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Ultra-luxury cruise line Emerald Cruises says its third ocean ship will debut in 2026. Emerald, known for river cruises, has been investing more in its ocean-based business. But in the ultra-luxury cruise market, it's been the opposite. So much so that Emerald Cruises' next ocean-based ship, launching in 2026, plans to accommodate no more than 128 travelers. This story is available exclusively to Business Insider subscribers.

Persons: —, it's Organizations: Cruises, Service, Business

☆ I'm ready to lose it all betting on Skee-Ball at Dave & Buster's
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

Dave & Busters will soon allow adults to bet money on games like Skee-Ball and Hot Shot basketball. The betting works inside D&B's app, with $5 "cash-based competition" against your friends. Now, you can not just be humiliated by losing at arcade games; you can lose money! NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Soon, you can bet real money against your friends playing Skee-Ball at Dave & Buster's.

Persons: —, Skee, Buster's Organizations: Service, Dave, Lucra, Business

☆ Nvidia employees said CEO Jensen Huang is 'not easy to work for.' He says that's how it should be.
▼ + stars: | 2024-04-30 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang has no qualms about being a demanding leader. Huang told "60 Minutes" that accomplishing "extraordinary" things requires hard work. AdvertisementNvidia CEO Jensen Huang has a reputation for being a formidable boss — and that's the way he likes it. In a recent interview with 60 Minutes, Huang was unsurprised when correspondent Bill Whitaker shared some of the words Nvidia employees used to describe the company's chief:"Demanding, perfectionist, not easy to work with," Whitaker said, citing people who work with Huang at the software company. This story is available exclusively to Business Insider subscribers.

Persons: Jensen Huang, Huang, —, Bill Whitaker, Whitaker Organizations: Nvidia, Service, Business

☆ First-class American Airlines passenger complains of racial discrimination, saying she was made to use economy bathroom
▼ + stars: | 2024-04-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

The retired judge told NPR a flight attendant made her use the bathroom in economy. AdvertisementA retired judge has alleged that she was subject to racial discrimination while flying first class with American Airlines. Related storiesHill-Veal, who is Black, told NPR she believes the incident was racially motivated because white passengers used the same first-class bathroom without incident. "This was a complete fabrication as I told him that I never hit him," she told NPR. It told NPR: "We strive to ensure that every customer has a positive travel experience, and we take all claims of discrimination very seriously."

Persons: Pamela Hill, Veal, —, Hill Organizations: NPR, Service, American Airlines, Business Locations: Chicago, Phoenix

☆ Fresh customer-fraud allegations against Globe Life
▼ + stars: | 2024-04-30 | by ( Susan Antilla | ) www.businessinsider.com time to read: +9 min

Read previewThe embattled insurer Globe Life and its subsidiary American Income Life face new allegations of fraud, kickbacks, and misclassifying its army of sales agents. Neither Globe, AIL, or any affiliated agencies have requested a correction on BI's series, which has been cited in all three short-seller reports. Spokespeople for Globe, AIL, and Arias did not respond to inquiries about the Viceroy report. Viceroy today published excerpts from a civil complaint alleging that Globe Life required recruits to purchase the course from Xcel for $149, $119 of which was kicked back to Globe Life, AIL, and agency executives, an allegation Globe has denied. "As you might expect, these sales tactics do not engender long-term retention of policies," the Viceroy report states.

Persons: —, AIL, Fraser Perring, Nate Koppikar, Panda, Arias, Erica Robertson, Robertson, Amy Williamson, Renee Zinsky, Fuzzy Panda, Jamie Winters, Winters, Viceroy, AIL's, Antonio – Organizations: Service, Viceroy Research, Globe, Business, Research, Orso Partners, Insurance Department, Pennsylvania, Arias Organization, Social, Organization, AIL, BI, Department, Xcel, Liberty National Life, Ohio Department of Insurance Locations: Texas, London, Globe, Maryland, Pennsylvania, Arias's Wexford, California, Xcel, Ohio, Antonio

☆ Chain restaurants like Chili's are coming for fast-food giants in the latest bout of the value wars
▼ + stars: | 2024-04-30 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +11 min

As fast-food prices increase, customers are finding more value in chain restaurants. Chains like Chili's are rolling out deals and portion sizes that could best fast-food chains. Chili's new Big Smasher burger is the latest offensive move in the value wars. The Big Smasher burger, Chili's newest menu item, was served in the company's test kitchen before its official launch on April 29. And if the sheer size and taste of the Chili's burger are anything to go by, it has a shot at beating fast-food chains in the value wars.

Persons: —, margarita, It's, Applebee's, John Peyton, Cate Gillon, Ian Borden, Scott Rodrick, Chris Kempczinski, Borden, McDonald's, Erin McDowell, We've, we've, Brian Paquette, Paquette, Big, Chili's, Richard Levine, Corbis, Felix Organizations: Service, Dallas, Mac, Business, Dine, Restaurant, UBS Global Consumer, Retail Conference, CNN, CBS News, Getty, Bloomberg Locations: New York, New York City, California, , New York

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