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☆ Roblox shares drop nearly 30% as company cuts annual bookings forecast on muted player spending
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +2 min

Roblox cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within its video-gaming platform amid an uncertain economic outlook and elevated levels of inflation. Electronic Arts also gave a weak revenue forecast earlier this week. Roblox now expects full-year bookings to be between $4 billion and $4.10 billion, down from its earlier forecast of $4.14 billion to $4.28 billion. Its second-quarter bookings forecast of $870 million to $900 million was also below estimates. Roblox will build the infrastructure for the ad platform in 2024 and start providing forecast for ad revenue in 2025, Guthrie added.

Persons: Roblox, Michael Guthrie, Guthrie Organizations: Electronic Arts, Walmart, Warner Bros Discovery

☆ Asia heatwave: Record temperatures cancel classes, widening learning gaps across Southeast Asia
▼ + stars: | 2024-05-09 | by ( Heather Chen | Kathleen Magramo | ) edition.cnn.com time to read: +8 min

His class of 43 students pass around mini hand-held fans during lessons on most days to keep cool. More than 33 million children were impacted as a result of the heatwave, according to groups like Save the Children and UNICEF. The worst hit were poor children in rural areas whose families couldn’t afford devices like laptops and tablets to facilitate remote learning, UNICEF says. “We don’t allow children outside when temperatures get too hot,” said Bong Samreth, who teaches at a public school in Phnom Penh. Loose, lightweight and light colored clothing was also advised for students to protect them from sunburns and heat exposure.

Persons: Seila, ”, “, —, Sheldon Yett, ” Yett, Bong Samreth, Ezra Acayan, Benjo Basas, Basas, Mirasol, Hang Chuon Naron, Ferdinand Marcos Jr, Chaideer Mahyuddin, it’s, Joy Reyes Organizations: Hong Kong CNN, CNN, Children, UNICEF, UN, ”, Volunteers, Getty, Governments Locations: Hong Kong, Cambodia, Phnom Penh, South, Southeast Asia, Bangladesh, Philippines, Tondo, Manila, Pangasinan, Philippine, Banda Aceh, Indonesia, AFP

☆ Japanese store near Mount Fuji issues apology in response to overtourism
▼ + stars: | 2024-05-08 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

Lawson’s, one of Japan’s largest convenience store chains, has an outpost in the small town of Fujikawaguchiko. Tourists have flooded into Fujikawaguchiko to take one specific picture – a shot of Mount Fuji behind a Lawson’s store, where the mountain’s classic elegance contrasts with the store’s modern neon signage. Although Lawson’s has not encouraged visitors to take pictures of their store, the company nevertheless issued a statement addressing the issue on May 5. Many of them headed to the same destinations, crowding Kyoto’s narrow streets and the walking trails of Mount Fuji. And Lawson’s is not the only Japanese tourist destination that has resorted to putting up signs warning visitors of bad behaviors.

Persons: Fuji –, Lawson’s, Lawson, –, overtourism, Fujikawaguchiko, Semans Organizations: CNN, Fuji, Mount Fuji, ”, Mount, UNESCO Locations: Fujikawaguchiko, Yamanashi prefecture, –, Japan, Mount, Yamanashi

☆ Russia is covering armored vehicles with elaborate anti-drone 'cope cages.' Video shows them getting hit anyway.
▼ + stars: | 2024-05-08 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

Footage shared by a Ukrainian battalion appears to show exploding drones striking Russian 'cope cages.' Both Russia and Ukraine have used the cages as makeshift missile defenses on vehicles. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVideo released by a Ukrainian battalion appears to show drones getting through increasingly complex "cope cages" installed on Russian armored fighting vehicles, to devastating effect. In a video posted on Monday by the 8th Separate Mountain Assault Battalion — part of the famed "Edelweiss" brigade — heavily protected Russian vehicles are seen to be targeted and, it appears, destroyed by Ukrainian drones.

Persons: — Organizations: Service, Business Locations: Ukrainian, Russia, Ukraine

☆ Election Updates: As the V.P. race heats up, Tim Scott will hold a fund-raiser with Trump-resistant donors.
▼ + stars: | 2024-05-08 | by ( Michael C. Bender | ) www.nytimes.com time to read: +5 min

“You know, I’m a fan of his father,” Mr. Schlossberg says, as Jimmy. Mr. Schlossberg has long been in Mr. Biden’s corner. The Biden campaign did not immediately respond to questions of whether Mr. Schlossberg’s video barrage had been coordinated with the campaign. At minimum, Mr. Schlossberg, who has hinted in the past that he has his eye on elected office, has demonstrated a willingness to take comedic risks. Whatever his flaws, and however reliant he may be on hackneyed stereotypes, Mr. Schlossberg is plainly a committed performer.

Persons: John F, Kennedy, Robert F, Kennedy Jr, Jack Schlossberg, ”, Donald J, Ben Affleck, ” Mr, Schlossberg, Jimmy, Wade, Anthony, Mr, “, Caroline Kennedy, Solomon, Matthew Abbott, Joshua, Camelot, John Bouvier Kennedy Schlossberg, Biden, Jim Wilson, —, — “ Organizations: Trump, Kennedys, The New York Times, New York Jewish, Federal Reserve, Convention, Mr, Democratic, Ivy League, New York Times Locations: America’s, Russian, Massachusetts, China, Russia, New, England, Biden’s, Australia, New York City

☆ I followed Snap Inc. CEO Evan Spiegel's morning routine for a week. I finally understand the appeal of waking up early.
▼ + stars: | 2024-05-08 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +2 min

On Wednesday, I tried Kriya meditation for the first time. Given how sore I felt from working out the past two days, I decided Wednesday would be the perfect day to try Spiegel's other morning activity: Kriya meditation. Spiegel told Vogue Australia in 2022 that his wife got him "hooked on Kriya meditation." On YouTube, I found a video entitled "Isha Kriya: A Guided Meditation For Health And Wellbeing | 15-Minutes" by the channel Sadhguru. "Daily practice of Isha Kriya will bring health, dynamism, prosperity, and wellbeing.

Persons: Spiegel, Mykenna, Isha Kriya, Isha, that's Organizations: Vogue Australia, YouTube

☆ Reddit shares soar 14% after company reports revenue pop in debut earnings report
▼ + stars: | 2024-05-07 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Reddit shares rallied 14% in extended trading on Tuesday after the company released quarterly results for the first time since its IPO in March. That may not compare with the $8.71 loss expected by LSEG$8.19 loss per share. That may not compare with the $8.71 loss expected by LSEG Revenue: $243 million vs. $212.8 million expected by LSEGRevenue climbed 48% from $163.7 million a year earlier. For the second quarter, Reddit expects revenue of $240 million to $255 million, topping the $224 million expected by analysts, according to LSEG. The company reported 82.7 million daily active users for its first quarter, up from the 76.6 million expected by StreetAccount.

Persons: Steve Huffman, Snoo, Reddit, Here's, Meta, Alexis Ohanian, Huffman Organizations: New York Stock Exchange, LSEG, LSEG Revenue, Digital, Amazon, Google, StreetAccount Locations: New York

☆ Opinion: Anne Hathaway has nothing left to prove
▼ + stars: | 2024-05-07 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

CNN —It feels weird to begin a complimentary piece about Anne Hathaway by saying I didn’t especially enjoy her latest movie, but here goes. Yet, as she recently explained to the New York Times, she’s spent far too much of her life trying to make other people happy. Even now, a Google search for “hate Anne Hathaway” produces more than five million hits. The movie is set years after that betrayal, and Solène, like Hathaway, has outgrown her habit of people pleasing. Hathaway is so luminously beautiful in “The Idea of You” that, for me at least, it undermines the entire film.

Persons: Holly Thomas, Katie Couric, Anne Hathaway, it’s, Solène Marchand, She’s “, Hayes Campbell’s, Nicholas Galitzine, he’s, Hathaway, she’s, ”, snarky, Oscar, “ Les, Critics, Anne Hathaway ”, It’s, Jake Gyllenhaal, Leonardo DiCaprio, Jennifer Lawrence, Jameela Jamil, Solène, didn’t, you’re, Hayes Organizations: Katie Couric Media, CNN, New York Times, “, New York Magazine, Twitter, Facebook Locations: London

☆ Highly successful people use this mental shift to get ahead of stress at work, says neuroscientist
▼ + stars: | 2024-05-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The best strategy for tackling those moments of stress actually involves some preparation: Highly successful people get ahead of their unsteadiness with a key mindset shift, according to Lisa Feldman Barrett, a neuroscientist, author and psychology professor at Northeastern University. They don't see stress as something bad to be overcome, but instead as something natural that can be managed. Instead, she recommends doing exercises beforehand to practice doing what unnerves you, and to help train yourself to understand and handle the stress differently. "It's a shift from making the sensation go away to getting better at performing while I'm feeling the sensation," he said. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.

Persons: Lisa Feldman Barrett, Barrett, Wharton, Adam Grant's, Ted, Grant, speck, ted Organizations: Northeastern University, CNBC

☆ The surprising benefits of embracing your anxiety, according to someone living with it
▼ + stars: | 2024-05-03 | by ( Michelle Icard | ) edition.cnn.com time to read: +6 min

I spoke with Weaver about her anxiety and how her new book can give other people with anxiety a starting point for talking about it. Haley Weaver: At its core, anxiety wants to keep us safe — safe from disaster, safe from judgment, safe from rejection — the list goes on! Not to be meta, but my anxiety about sharing my anxiety was present throughout the entire writing process. Additionally, caring for anxiety may look different depending on how the anxiety presents — maybe it’s helping kids pinpoint helpful coping mechanisms. Weaver: I wrote this book for anyone who struggles with anxiety or cares about someone who deals with anxiety in their everyday life.

Persons: CNN — Haley Weaver, wouldn’t, ” Kimberly Person, Weaver, Haley Weaver, It’s, There’s, —, Michelle Icard, ” Organizations: Lifeline, CNN, Haley Weaver CNN

☆ Making the power grid 'smart' could save us all money and prevent blackouts. Chattanooga made the $280 million investment.
▼ + stars: | 2024-05-02 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +13 min

Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value. The local utility, called EPB of Chattanooga, spent $280 million to refurbish its power system with smart technologies to make a "smart grid." The traditional power grid carries electricity from a power plant to homes and commercial buildings. Smart grids can bring huge economic benefitsEven Congress knows the nation needs a smart grid. Though a smart grid requires a big up-front investment, it can save a lot of money down the line.

Persons: —, That's, Tiago Majuelos, Monika Skolimowska, Kevin Schneider, Schneider, Joshua Rhodes, David Wade, EPB, Wade, Taylor, David Swanson, We're Organizations: Infrastructure, Service, Chattanooga Smart, US Department of Energy, Wall Street, Getty, Pacific Northwest National Laboratory, American Society of Civil Engineers, University of Texas, Department of Energy, C Electric Company, BI, Reuters, Nationwide Locations: Chattanooga , Tennessee, Chattanooga, Tennessee, EPB, California, Austin, Hamilton County, Palm Springs , California, Columbia, Southern California

☆ If you do these 3 things when you're stressed at work, you have higher emotional intelligence than most
▼ + stars: | 2024-05-02 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

Research dating back decades has found that emotional intelligence is the greatest predictor of success in the workplace. Having a high EQ can also help you manage stress and curb burnout, according to Kandi Wiens, director of the University of Pennsylvania's Master's in Medical Education program. For her new book, "Burnout Immunity," Wiens interviewed hundreds of people thriving in high-stress environments, including hospital employees and police chiefs who remained motivated and optimistic while working as first responders at the height of the Covid-19 pandemic. Wien suggests paying close attention to how you cope with stress to gauge your emotional intelligence at work. As Wiens explains in "Burnout Immunity," cultivating healthier responses to stress can prevent burnout, which stems from chronic, unmanaged stress.

Persons: Kandi Wiens, Wiens Organizations: University of Pennsylvania's, Medical, CNBC Locations: Kandi, Wien

☆ More than half of new grads are worried about basic living costs—how they're changing their job searches to cope
▼ + stars: | 2024-05-02 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

The data, gathered from the college and new grad career site Handshake, shows a similar share of seniors say the current economic news makes them feel pessimistic. 1 priority in looking for a job is to find one that will offer stability, and they're changing some of their career preferences to find it. Elsewhere, students from the class of 2024 were more likely to apply to jobs in construction, agriculture and education, according to Handshake data. Working more than a 9-to-5Rising seniors are preparing to work more than a 9-to-5 in order to make ends meet. Many are also hopeful that side-hustle income can supercharge their savings so they don't have to work a corporate job forever.

Persons: Christine Cruzvergara, Cruzvergara, they've, Young

☆ Why is a mother’s mental health so important? A doctor explains
▼ + stars: | 2024-05-01 | by ( Katia Hetter | ) edition.cnn.com time to read: +9 min

Today is World Maternal Mental Health Day, and it’s time to recognize the importance of maternal mental health. She previously served as Baltimore’s health commissioner and as chair of Behavioral Health Systems Baltimore, a regional nonprofit advancing mental health and substance use disorder treatment. Dr. Leana Wen: Mental health is an essential part of overall health. Those with preexisting mental health conditions such as depression and bipolar disorder have a much higher rate of experiencing mental health issues in the postpartum period. That said, it’s also very important to recognize that postpartum depression and other mental health diagnoses in pregnancy and postpartum can occur in people who have not had mental health conditions in the past.

Persons: Leana Wen, Wen, It’s, —, it’s Organizations: CNN, Lifeline, George Washington University, Behavioral Health Systems, US Centers for Disease Control, World Health Organization, US Food and Drug Administration Locations: United States

☆ HSBC CEO announces surprise retirement
▼ + stars: | 2024-04-30 | by ( ) edition.cnn.com time to read: +3 min

Hong Kong — HSBC has announced its chief executive Noel Quinn will retire — a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe. “We do hope that the next CEO would lay out more plans, execution-wise, to further increase the bank’s businesses in Asian countries,” he added. “I’ve held intensive leadership roles since I took on a commercial bank role in October 2008, so I’m personally ready for a change,” Quinn told reporters on a call. HSBC also faced criticism in recent years from Western lawmakers over its dealings with China amid growing geopolitical tensions. The London-headquartered bank also announced $3 billion worth of share buybacks on top of $2 billion in share purchases announced in February.

Persons: Noel Quinn, —, Georges Elhedery, Quinn, ”, Simon Yuen, “ I’ve, I’m, ” Quinn, “ It’s, Mark Tucker, “, ” Tucker, China’s Organizations: HSBC, HSBC’s, Management, China’s Ping An Insurance Locations: Hong Kong, Asia, United States, France, Argentina, Canada, Europe, China, The London

☆ Amazon’s advertising revenue jumps 24% in first quarter
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Amazon reported 24% growth in its advertising unit on Tuesday, the latest sign that the digital ad market is continuing its rebound. Ad revenue climbed to $11.8 billion in the first quarter from $9.5 billion a year earlier. Amazon reported $143.3 billion in total revenue for the period, up 13% from a year ago. Alphabet followed on Thursday, reporting ad revenue for the first quarter of $61.66 billion, up 13% from the year prior, with YouTube ad revenue jumping 21% to $8.09 billion. Snap shares rocketed 28% on Friday after the company reported a 21% increase in revenue to $1.19 billion, the strongest growth in two years.

Organizations: Amazon, Meta, YouTube Locations: New York

☆ 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

☆ 86% of expats report being stressed out, but study suggests they may also cope better with burnout
▼ + stars: | 2024-04-30 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

Globally mobile employees often have... a mental and physical feeling of being healthy, capable, and energetic – and a strong sense of meaning and purpose. So why do globally mobile individuals score higher on vitality despite reporting higher stress and burnout levels compared to local counterparts? Globally mobile employees emerge as a highly valuable and resilient segment of the workforce. Despite facing unique stressors associated with their situation, they exhibit distinct skills and a high level of motivation, resulting in higher vitality. 2024 Cigna Healthcare Vitality Study

Persons: Ernestine Siu It's, Wendy Sherry, Sherry Organizations: Healthcare, Global Health, International Health, Cigna, Cigna Healthcare, Financial Locations: United States, Singapore, U.S, Spain, Netherlands, Belgium, Switzerland, Kenya, United Arab Emirates, Saudi Arabia, China, Hong Kong, Asia, Middle East, Africa, UAE, Europe

☆ Pinterest shares soar 18% on earnings beat, strong revenue growth
▼ + stars: | 2024-04-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Shares of Pinterest popped 18% in extended trading Tuesday after the company reported first-quarter results that beat analysts' estimates and showed its fastest revenue growth since 2021. Pinterest reported 518 global monthly active users (MAUs) for the first quarter, up 12% year over year. In its first-quarter release, Pinterest CEO Bill Ready said the company is driving greater returns for advertisers because of its investments in AI and shoppability. Meta , Snap and Google parent Alphabet all reported first-quarter results last week that exceeded analysts' estimates for revenue. For its second quarter, Pinterest expects to report revenue between $835 million and $850 million, which equates to growth of 18% to 20% year over year.

Persons: Pinterest, MAUs, StreetAccount, Bill Ready Organizations: Digital

☆ The wild-looking Russian 'turtle tanks' that keep showing up may not be as crazy as they seem
▼ + stars: | 2024-04-29 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Its new "turtle tanks" may look silly, but there are indications they may be effective. Some OSINT pages highlighted the turtle tank's role in the assault on Krasnohorivka. Abandoned Russian ‘turtle’ tank on the Krasrohorivka front. AdvertisementVideos of Russian “turtle” tanks during assaults on Chasiv Yar and Krasnohorivka. The Russian turtle tanks are a clear step beyond the widely documented "cope cages" both sides have relied on to try and shield their heavy armor throughout the war.

Persons: —, Rob Lee, — Rob Lee, Lee, /htt, per a, lea, ely Organizations: Service, Foreign Policy Research Institute, Russia's, Rifle Brigade, Russia's 5th Motorized Rifle Brigade Locations: Russia, Ukraine, Moscow, Ukrainian, Krasnohorivka, Donetsk

☆ Rita Moreno says her only daughter has helped her cope with aging: '92 is not easy in many ways'
▼ + stars: | 2024-04-29 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

Rita Moreno, 92, says her daughter helps her cope with the difficulties of aging. Moreno told People she needs her daughter's wisdom "more often than you might think." AdvertisementRita Moreno, 92, says aging has brought her closer to her daughter. "I'm constantly calling upon her to do things," Moreno told People. "I have a problem with remembering names, names of things, and names of people.

Persons: Rita Moreno, Moreno, —, Fernanda Luisa Gordon, Leonard Gordon, I'm Organizations: Urban Institute, Service, Business

☆ Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors
▼ + stars: | 2024-04-28 | by ( Tami Luhby | ) edition.cnn.com time to read: +5 min

CNN —Not long ago, senior citizens got the two biggest annual increases in their monthly Social Security checks that most had ever seen. While inflation has afflicted Americans of every age, senior citizens are often in a more difficult predicament because many live off fixed incomes. Many depend heavily on Social Security – some 42% of elderly women and 37% of elderly men rely on the monthly payments for at least half their income, according to the Social Security Administration. They aren’t wrong: Inflation has eaten away at 36% of Social Security benefits’ buying power since 2000, according to an analysis last year from The Senior Citizens League. The president needs these senior voters since polls also show his support among younger Americans has eroded since 2020.

Persons: Joe Biden, Donald Trump, Biden, Shannon Benton, “, ”, Mary Johnson, Johnson, –, Trump, they’ve, Marty Cohen Organizations: CNN, Social Security, Senior Citizens League, Social Security Administration, Biden, James Madison University Locations: Pennsylvania, Arizona , Michigan, Wisconsin

☆ As a mom of 3 young boys, I'm always apologizing for how messy our house is. I need to stop.
▼ + stars: | 2024-04-27 | by ( Kat Storr | ) www.businessinsider.com time to read: +4 min

I'm a mom of three boys and our house is constantly being turned upside down by them. I know that when they are out of the house, I will miss the chaos and mess that came with them. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Related storiesBut as a mother, I know I'm not alone in doing it — most of my friends do it, too. AdvertisementWe have three young boys, so our house frequently gets turned upside down when they make dens and play with their friends.

Persons: I'm, —, I've tidied, we've, Georgina Sturmer —, isn't, Sturmer, they've, we'd, I've, they'll Organizations: Service

☆ As a single mom. I thought I had to be 'both parents' for my son. I finally realized we had everything we needed.
▼ + stars: | 2024-04-27 | by ( Ashley Archambault | ) www.businessinsider.com time to read: +4 min

As a single mom, I didn't want my son to feel different from the other kids who lived with both of their parents or had siblings. In order to make sure my son was getting what I thought he needed, I set the parenting bar way too high for myself. I had never planned on being a single mom, and it took me a long time to accept my role. Related storiesI thought things would be easier with a partner, and for a little while, I wanted more children. AdvertisementI packed our schedule too muchI padded our schedule with events to shield us from loneliness, but in retrospect, my son didn't need that.

Persons: Ashley Archambault Organizations: Service, Business

☆ Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022
▼ + stars: | 2024-04-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +1 min

Meta , Snap and Google all reported first-quarter results this week, with revenue growth that exceeded analysts estimates and at rates not seen in at least two years. The companies entered earnings season in a favorable position in that their numbers would be comparable to historically weak periods. Meta, which was the first in the group to report results, put some fears to rest on Wednesday, showing a 27% jump in first-quarter revenue to $36.5 billion. "When Meta was in its dark days two years ago, the company knew what they had to do to get back on track," analysts at Bernstein wrote in a note after the earnings report. Meta lost two-thirds of its value in 2022 and was forced to dramatically cut headcount.

Persons: Meta, Bernstein Organizations: Google, Meta, Facebook

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