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— - 1 Uber - 1 Travis Kalanick - 1 Dara Khosrowshahi - 1 Khosrowshashi - 1 Eric Piermont - 1 Khosrowshahi - 1 SoftBank - 1
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Search resuls for: "Eric Piermont"


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☆ Uber's smooth operator Dara Khosrowshahi has done something Travis Kalanick never could: turn a profit
  + stars: | 2024-02-08 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
Read previewWho knows what kind of fate would have awaited Uber had Travis Kalanick decided not to relinquish his power in 2017. But instead of crashing, Uber has seemingly defied the odds thanks to Kalanick's successor, Dara Khosrowshahi. Net profit for the year hit $1.9 billion versus an enormous $9.1 billion loss in 2022, which had been inflated by revaluations of Uber's equity investments. Former Uber boss Travis Kalanick. But having been at the helm of online travel business company Expedia for 12 years before moving to Uber, Dara's success appears to come from his pedigree as an operator.
Persons: —, Uber, Travis Kalanick, Dara Khosrowshahi, Khosrowshashi, Eric Piermont, Khosrowshahi, SoftBank, Didi Chuxing Organizations: Service, Business, AFP Dara's Locations: Silicon, San Francisco, China
☆ Has the LA scene fizzled? SoCal has fallen further behind the Bay Area, NYC and Boston for startup funding: 'People deep in AI are just not in LA'
  + stars: | 2024-01-23 | by ( Ben Bergman | ) www.businessinsider.com   time to read: +8 min
But last year, the LA tech scene stalled, according to Carta data. Startup funding plummeted everywhere, but nowhere experienced a steeper decline than LA, where funding declined 65% from 2022. CartaLA's startup funding dropped 65% last year, a steeper decline than the Bay Area, New York or Boston. "They're very deep AI companies, but they're being applied to a vertical, which is one of the strengths of LA," Ingersoll said. Bird goes bust and Snap snaps backThere was more bad news for LA's startup scene in 2023 than just the dismal funding numbers.
Persons: Ethan Aldrich, Aldrich, there's, Andreessen Horowitz, a16z, Katia Ameri, Ameri, VCs, Nikita Bier, Bier, Mark Suster, Suster, LA's, we're, Palmer Luckey, Minnie Ingersoll, Ingersoll, Bird, Zillow, Spencer Rascoff, Evan Spiegel ERIC PIERMONT, Ishan Singh, Singh Organizations: Stanford, Business, Lightspeed Venture Partners, Coatue Management, LA Tech, LA, Carta, Honest Company, New, Boston, Microsoft, Clark, SpaceX Locations: Santa Monica, Southern California, LA, Santa, Hayes, San Francisco, Los Angeles, San Francisco and New York, New York, Boston, Carta, San Diego, Seattle, Hawthorne , CA, Costa, Bay
☆ Billionaire CEOs said working from home made them happier. Some now want to fire workers who don't show up to the office.
  + stars: | 2023-08-28 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +14 min
AdvertisementAdvertisementThe Meta CEO told staff they could expect him to spend half of the next year working remotely. True to his word, in his first week Musk banned remote work in a 2:30 a.m email to Twitter staff. Still: Unlike some of the other wealthy CEOs on this list, Eric Yuan has always been a little skeptical of permanent remote work. Roy RochlinSalesforce CEO Marc Benioff was initially outspoken in his support for remote working. Joining the growing list of CEOs that say remote work is not conducive to productivity, Salesforce revised its work-from-anywhere strategy.
Persons: Mark Zuckerberg, Goldman Sachs, Prithwiraj Choudhury, Zuckerberg, Meta, I've, Erin Scott, Skip, Insider's Kali Hays, Hugh Langley, Evan Spiegel, Miranda Kerr, Pierre Mouton, Stringer, Spiegel, I'm, ERIC PIERMONT, Kali Hays, Jack Dorsey, PRAKASH SINGH, lockdowns, Dorsey, Elon Musk, Musk, Zoe Schiffer, hasn't, Eric Yuan, Kena, Zoom, Kelly Steckelberg, Yuan, Marc Benioff, Roy Rochlin, Salesforce, Benioff, Justin Sullivan, Kara Swisher Organizations: Service, Meta, Harvard Business School, Wall Street, Staff, CNBC, Getty, Twitter, San, New, Elon, San Francisco, Bloomberg, Zoom, Workers, MarketWatch, Smith, Yahoo Finance, Insider Locations: Wall, Silicon, San Francisco, Singapore, Silicon Valley , California
☆ The stock market rally in 2023 has added $213 billion to the wealth of the world's top 10 billionaires
  + stars: | 2023-04-15 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
A strong start to the stock market this year has helped reverse some of the big losses billionaires saw in 2022. So far this year, the world's top 10 billionaires added a collective $213 billion to their net worth. MARTIN BUREAU/AFP via Getty ImagesNet Worth: $92.8 billion2023 Gain: $21.3 billionSource of Wealth: L'Oreal9. Elon MuskElon Musk Gilbert Carrasquillo/GC ImagesNet Worth: $180 billion2023 Gain: $43.2 billionSource of Wealth: Tesla, SpaceX, Twitter1. Bernard ArnaultEric Piermont/Getty ImagesNet Worth: $210 billion2023 Gain: $47.8 billionSource of Wealth: LVMH Moet Hennessy Louis Vuitton
☆ Louis Vuitton boss Bernard Arnault is only the 3rd person to be worth $200 billion – and his 5 kids are all Nepo babies
  + stars: | 2023-04-05 | by ( Grace Dean | ) www.businessinsider.com   time to read: +1 min
Luxury goods mogul Bernard Arnault is the world's richest person. Eric Piermont/Getty ImagesBernard Arnault is currently the world's richest person with a net worth of about $201 billion, according to estimates by Bloomberg. He's only the third person to surpass the $200 billion mark following tech moguls Jeff Bezos and Elon Musk, both of whom have since seen their wealth fall. Arnault cofounded LVMH in the 1980s, and is its CEO and chair. Last year LVMH raised the age limit of its CEO from 75 to 80, extending Arnault's possible tenure.
☆ Bernard Arnault just took the Number 1 spot on Forbes' annual billionaires list for the first time. Here's how he built LVMH into a luxury goods empire and became the richest person in the world.
  + stars: | 2023-04-04 | by ( Katie Warren | Avery Hartmans | Sarah Jackson | ) www.businessinsider.com   time to read: 1 min
Now, a banner year at LVMH has propelled Arnault to the No. 1 spot on Forbes' annual ranking of the world's richest people for the first time, surpassing Elon Musk and Jeff Bezos along the way. Arnault's net worth is currently $211 billion, up $53 billion in the past 12 months for the biggest gain of any billionaire on the list this year. ERIC PIERMONT/AFP/Getty ImagesSource: ForbesMarissa Perino contributed reporting. Taylor Nicole Rogers contributed to an earlier version of this story.
☆ FTX might not have been the only crypto exchange using customer money for other things
  + stars: | 2023-03-02 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
As if the universe knew that I hadn't written a crypto newsletter in some time, here we go: Binance, the world's largest crypto exchange, has been under some scrutiny this week. The world's largest crypto exchange reportedly transferred nearly $1.8 billion in stablecoin collateral to hedge funds, the report said. Any move by Binance to shuffle customer money around isn't exactly illegal, but the risks are apparent in the wake of the FTX disaster, part of which involved the exchange using customer money for making big bets via its affiliated trading arm. That account, Reuters reported, was used to send $400 million to a trading firm managed by Zhao. In other news:Traders work on the main trading floor of the New York Stock Exchange March 21, 2007.
☆ The world's richest person has made his daughter the CEO of Dior. All 4 of his sons have top roles at his companies, too.
  + stars: | 2023-01-12 | by ( Grace Dean | ) www.businessinsider.com   time to read: +1 min
Luxury-goods mogul Bernard Arnault is the world's richest personEric Piermont/Getty ImagesBernard Arnault is the world's richest person with a net worth of about $182 billion, putting him $50 billion ahead of Elon Musk. Arnault cofounded LVMH in the 1980s, and is its CEO and chair. All four of Bernard's sons work at LVMH and its brands, too. "Succession planning in strategic roles has been instrumental to the success of LVMH's key brands over the past 20 years," Citi analyst Thomas Chauvet said, per Reuters. Last year LVMH raised the age limit of its CEO from 75 to 80, extending Arnault's possible tenure.
☆ Only 3 countries have managed to build 5th-generation fighters, but nearly a dozen are already working on 6th-gen jets
  + stars: | 2023-01-03 | by ( Benjamin Brimelow | ) www.businessinsider.com   time to read: +12 min
(The recently unveiled B-21 bomber is billed as the world's first sixth-gen aircraft, but little is known about its capabilities.) Lockheed Martin, Northrup Grumman, and Boeing are believed to be competing to build the jets, and all have released illustrations of sixth-gen aircraft. FCAS/SCAFA full-scale model of the Future Combat Air System at the Paris Air Show in June 2019. An illustration of Japan's next-generation fighter aircraft concept. While China is making heavy investment in military aviation, Russia's ability to develop next-generation jets may be shrinking.
☆ Citroen announces EV concept which uses recycled cardboard and has a top speed of 68 mph
  + stars: | 2022-09-29 | by ( Anmar Frangoul | ) www.cnbc.com   time to read: +3 min
Citroen said the oli's top speed had been limited to 68 miles per hour. Citroen also said that the restriction of the oli's speed to a maximum of 68 mph had been done to "maximise efficiency." "I'm not even talking about regulation, I'm talking mostly about societal expectations," he added. "One thing is, for the last 10 years, we've seen an increase in electric vehicle performance," he said. According to data released this week, electric car drivers in the U.K. have seen the cost of using a public, "rapid" charger on a pay-as-you-go tariff rise by 42% since May.
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