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Chris Kreider wouldn’t let the New York Rangers lose again. After losing Games 4 and 5 following a 3-0 series start, the Rangers were in trouble again Thursday, down 3-1 entering the third period. AdvertisementOn just their second power play of the game 5:11 later, Kreider tipped a waist-high shot by Artemi Panarin behind Andersen to tie it. Andersen keeps Rangers in it, tooThe biggest difference in the series was in net, as many expected. The final special teams tally for the series: The Rangers went 5-for-19 on the power play and Carolina went 2-for-21 while allowing two Rangers shorthanded goals.
Persons: Chris Kreider wouldn’t, Kreider, Frederik Andersen, Artemi Panarin, Andersen, Ryan Lindgren, Barclay Goodrow, Igor Shesterkin, Jordan Staal, Shesterkin, Andrei Svechnikov, CHRISTOPHER JAMES KREIDER 🤩, hird, rick C hallenge, rick, hort, eriod, ross, ade, ake G, kate Organizations: New York Rangers, Rangers, Eastern Conference, Carolina Hurricanes, Hurricanes, ust Locations: York, New York, ried, osh
Crypto prices are back. So are the TV ads.
  + stars: | 2024-05-13 | by ( Peter Kafka | ) www.businessinsider.com   time to read: +3 min
Read previewOne sign we're in a crypto revival: Crypto prices are roaring again. Another sign: Crypto companies are advertising on TV again. Crypto.com isn't the only one pushing crypto on TV again. It makes perfect sense to run it side-by-side with ads telling you how fun it would be to bet on the very game you're watching (unless you're an NBA player). All that said, the 2024 crypto revival still seems more like an echo of the last boom than a replay.
Persons: , you've, it's, Eminem, Matt Damon, Damon, Crypto.com, Coinbase cheekily, Crypto, Jack Dorsey, Kitty Organizations: Service, NBA, Business, UFC, GameStop
Elon Musk once championed encrypted messaging app Signal, promoting its user privacy protections. Signal has been sharply criticized recently by a conservative activist and a rival app, Telegram. AdvertisementThe encryption wars brewing between the messaging apps Telegram and Signal have attracted the commentary of a high-profile critic: Elon Musk. In response to Rufo's post, Musk wrote cryptically, "There are known vulnerabilities with Signal that are not being addressed. Green, as well as Musk, Signal, and Telegram representatives, did not immediately respond to requests for comment from Business Insider.
Persons: Elon Musk, Musk, , Elon, Pavel Durov, Durov, Tucker Carlson, Vladimir Putin, Jeff Bezos, Christopher Rufo —, Katherine Maher, Rufo, Maher, Edward Snowden, Meredith Whittaker, Whittaker, haven’t, IbXREWVaPL — Meredith Whittaker, @mer__edith, Jack Dorsey, — Elon, Johns Hopkins, Matthew Green, Green Organizations: Service, Fox News, NSA, Amazon, Elon, Telegram, Business Locations: Moscow
Jack Dorsey said Twitter's board — and its activist investor — prompted him to plan an exit from the firm. "I was happy to see it end," Dorsey said of the board when Elon Musk took Twitter private. AdvertisementDorsey told Solana that earlier on, he'd tried to bring Musk onto Twitter's board but was stopped twice. In April 2022, Musk joined Twitter's board of directors after taking a 9.2% stake in the company. But Dorsey said he was also unhappy with the board because of an activist investor seeking to boot him, he said.
Persons: Jack Dorsey, , Dorsey, Elon Musk, Mike Solana, Parag Agrawal, Solana, he'd, Musk, Paul Singer, Elliot Management's, It's, Dorsey didn't, Bluesky, Donald Trump, Nick Fuentes Organizations: Elon, Twitter, Service, Fund, Elliott Management
In today's big story, we're looking at how a sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book . The big storySports gambling goes Wall StreetiStock; Rebecca Zisser/BIHow would you like to turn $100 into $1.7 million in a little over a year? Thanks to a secondary market for gambling tickets, Shelton could sell his ticket to another bettor. And not unlike Wall Street's feelings about retail traders, Shelton is the type of gambler sportsbooks love. Unlike mom-and-pop gamblers who often bet on a whim, so-called sharps' systematic approach to gambling can pose a problem for sportsbooks.
Persons: , Rebecca Zisser, Wayne Shelton, Shelton, Matthew Fox, Anthony Edwards, Joshua Gateley, sportsbooks, Shelton's longshot, Goldman Sachs, Sam Bankman, Fried, Puck, SBF, Justin Sullivan, Getty Sundar Pichai, Pichai, Jack Dorsey, he'd, Mike Solana, Dorsey, Bluesky, Demis, Microsoft's Mustafa Suleyman, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Sports, MLB, NFL, NBA, Oklahoma City Thunder, Thunder, Dallas Mavericks, Western Conference, ESPN, Boston Celtics, Minnesota Timberwolves, Getty, Detention, MDC, Bloomberg, Bay Area, YouTube, Spotify, Apple, Warner Brothers, Justice League, Big, Honda Locations: China, Russia, Brooklyn's, Young, New York City, New York, Bay, London
But Dorsey said Twitter had been weighed down by its revenue model. Twitter chose brand advertising as its main source of income, a "core, critical sin" that exposed the platform's moderation to the whims of corporations effectively financing the social-media platform, Dorsey said. Building a different business modelTo many, Musk seemed to be axing Twitter's entire business model. "Twitter was a $5 billion a year business," Dorsey said. AdvertisementDorsey's comments come as he quit Bluesky, a platform he helped build after leaving Twitter, and told users to use Musk's X instead.
Persons: , Jack Dorsey, Dorsey, Mike Solana, Twitter, Solana, Apple, Musk, Elon, Bluesky, Edward Snowden, Julian Assange, he's, Musk's Organizations: Service, Twitter, Fund, Business, Unilever, SpaceX, Disney, IBM
Jack Dorsey Explains Why He Left Bluesky
  + stars: | 2024-05-09 | by ( Peter Kafka | ) www.businessinsider.com   time to read: +1 min
Twitter cofounder Jack Dorsey helped found Bluesky as a Twitter alternative. But Dorsey says he left Bluesky because it was "literally repeating all the mistakes" Twitter made. AdvertisementWhy did Twitter cofounder Jack Dorsey leave Bluesky, the Twitter alternative he helped create? Because — in Dorsey's telling, at least — Bluesky was "literally repeating all the mistakes [Twitter] made as a company." And later on, when Dorsey got frustrated while running the for-profit version of Twitter, he imagined that Twitter could help start an independent, open-source protocol version of itself — Bluesky.
Persons: Jack Dorsey, Dorsey, , Bluesky, Mike Solana Organizations: Twitter, Service Locations: Dorsey's
RFK Jr. said in a 2012 divorce deposition that doctors found a dead worm in his brain. "I offer to eat 5 more brain worms and still beat President Trump and President Biden in a debate," he said. Kennedy said on Wednesday that he's confident of winning a presidential debate even if he were to eat a couple more of those "brain worms." "I offer to eat 5 more brain worms and still beat President Trump and President Biden in a debate," Kennedy wrote in a post on X. Kennedy claimed that doctors found a dead worm in his brain during his divorce deposition in 2012, per The Times.
Persons: Trump, Biden, , Robert F, Kennedy Jr, Kennedy, Kennedy's, Stefanie Spear, Mr, Joe Biden, Donald Trump, Spear, Bill Ackman, Jack Dorsey, He's, Nicole Shanahan, Sergey Brin, Kennedy didn't Organizations: RFK Jr, Service, The New York Times, Times, BI, , Biden, Trump, White Locations: Africa, South America, Asia
Presidential candidate Robert F. Kennedy Jr. said in a 2012 deposition he has a worm in his brain. In the deposition, Kennedy said he visited several neurologists in 2010 to try to find the cause of his haziness. While some doctors believed he had a brain tumor, one thought he had a worm stuck in his brain. In the 2012 deposition, Kennedy said that he once had to have his heart shocked by doctors to get it to beat back in sync. Questioning Mr. Kennedy's health is a hilarious suggestion, given his competition."
Persons: Robert F, Kennedy Jr, Biden, he's, , Kennedy, Mary Richardson Kennedy, Joe Biden, Donald Trump, Mr, Stefanie Spear, Kennedy hasn't, Bill Ackman, Jack Dorsey, David Sacks Organizations: Trump, The New York Times, Service, Times, White, Pershing, Capital Management, Twitter, PayPal Locations: Africa, South America, Asia
Apple wants to give the iPad a boost
  + stars: | 2024-05-07 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
The tech giant's event will reportedly showcase a new family of… iPads and iPad accessories. But Apple's event , which kicks off at 10 a.m. EST, is looking to give the iPad a boost. iPhone sales have noticeably dipped, which is why you're hearing Apple tout its "services" business , writes BI's Peter Kafka. And the new product Apple wants you to be excited about — the Vision Pro — hasn't lived up to the hype. a16z joins the Big Tech "fake work" debate.
Persons: , Tyler Le, they're, iPads, Antonio Villas, Boas, BI's Peter Kafka, Peter, hasn't, Katie Notopoulos, Wall, Lauren DeCicca, Tim Cook, Katie, aren't, I'd, we'll, I'm, Alyssa Powell, Danielle DiMartino Booth, James Devaney, Roger Kisby, Jack Dorsey's, Elon, Dorsey, Elon Musk, Satya Nadella, OpenAI, Jeff Bezos, Mark Zuckerberg, Warren Buffett, Berkshire Hathaway, a16z, Emily Sundberg, Andreessen Horowitz, David Ulevitch, Vladimir Putin, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Apple, Google, Getty, US Treasury, National Bureau of Economic Research, Images, Penske Media, Microsoft, Tech, Paramount, Berkshire, Big Tech, Walt Disney Company Locations: BREIT, New York, London
Jack Dorsey was very active on X this weekend. During a posting frenzy, he announced that he has left the Bluesky board. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Jack Dorsey, Dorsey, , Kendrick Lamar, Drake, Kenny, Julian Assange's, Stella Assange, Edward Snowden, Elon Musk, Bluesky, Drake's Organizations: Service, he's, Business
That entrepreneurial, technology-focused spirit has driven Underwood to an illustrious career at some of the industry's biggest companies, including Google, X, Slack, and Intel. As she built products at these tech giants, Underwood quietly invested in over 50 startups, including the genetics-testing unicorn Color and the cap-table giant Carta. Underwood began investing while at X, then called Twitter, where she was the company's director of product. Shortly after, #Angels was born, the investment collective cofounded by Underwood, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, and Vijaya Gadde. Since 2015, the group has backed over 100 startups, including Forward, Clubhouse, Instacart, Material Security, and Airtable.
Persons: Underwood, she'd, Slack, Jessica Verrilli, who'd, Stewart Butterfield, Cal Henderson, Ev Williams, Jack Dorsey, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, Vijaya Gadde, you've, I've, they've Organizations: Amarillo College, Business, Google, Intel, GV, Cue, Twitter, Health, Security, Slack Locations: Amarillo , Texas, Amarillo, Termina, San Francisco
CNN —The use of phrases such as “pregnant people” or “penis owners” in cultural or political discourse is sometimes met with confusion, or even anger. And it’s the most inclusive, streamlined way to refer to everyone who, regardless of their gender identity, has certain anatomy or biological abilities. Using gender-inclusive language can create an environment of acceptance, experts say. READ MORE: Gender identity: The difference between gender, sex and other need-to-knowsHere’s what experts have to say about these linguistic changes and concerns that have been raised. Gender-inclusive language may seem to be just words, but research has shown that acceptance can be lifesaving for transgender and nonbinary people, Miller said, both for medical and psychological reasons.
Persons: , Jack Drescher, Alberto Mier, they’re, , Keygan Miller, Miller, Dr, Dennis Baron, ” Miller, can’t, , hasn’t, “ it’s, ” Baron, Drescher, uteruses, ” Drescher, haven’t, ’ ” Baron, it’s, Organizations: CNN, Group, of Psychiatry, Columbia University, American Psychological Association, University of California, Los Angeles ’ Williams Institute, UCLA, University of Illinois, American Medical Association, American Psychiatric Association, National Institutes of Health Locations: New York City, United States, Los Angeles, Urbana, Champaign,
Jack Dorsey has gone from loving to hating to loving Elon Musk again. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwitter co-founder Jack Dorsey might have once been a critic of Elon Musk's changes to his creation. But all that seems to be water under the bridge now for Dorsey, who's now seemingly in his "I Love Elon" era. For starters, Dorsey unfollowed over 2,000 accounts on X over the weekend, leaving just three accounts — Elon Musk, NSA whistleblower Edward Snowden, and Stella Assange, the wife of Wikileaks founder Julian Assange.
Persons: Jack Dorsey, Elon Musk, Bluesky, Dorsey, , Elon, who's, Dorsey unfollowed, Edward Snowden, Stella Assange, Julian Assange Organizations: Service, Twitter, NSA
In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.
Persons: , Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago
Jack Dorsey seems to support Kendrick Lamar's latest disses on Canadian rapper Drake. Dorsey's support for Lamar goes back years — he even appeared in one of Lamar's music videos. AdvertisementThe beef between Kendrick Lamar and Drake has been filled with unexpected characters, including pop sensation Taylor Swift and long-dead legend Tupac Shakur. After a back-and-forth of three diss tracks between Lamar and Drake, Lamar released two songs this week. "Euphoria" dropped on Tuesday, and "6:16 in LA" dropped on Friday.
Persons: Jack Dorsey, Kendrick Lamar's, Drake, Lamar, , Kendrick Lamar, Taylor Swift, Tupac Shakur, he's, Kung Fu Kenny Organizations: Twitter, Service, Business Locations: , Lamar, LA
Baylon said not all Montana transplants are remote workers buying property and driving up prices. AdvertisementThis is an as-told-to essay based on a conversation with 34-year-old Ian Baylon, a tradesman who moved from California to Montana in April 2022. Here in Montana there's a huge shortage of labor too. While it was very competitive in California, there's a lot of demand for the trades up here, but nobody up here really wants to learn the trades. A lot work in tech or finance, and there's no need for them to work locally.
Persons: Ian Baylon, Baylon, , Jacob Boomsma, they're, Boz Angeles, United States Gordon Calhoun, Montanans, I've, chokehold, It's Organizations: Service, Crockett, That's Locations: Montana, Bay, California, Bay Area, San Francisco, Crockett, Area, Vallejo, West Yellowstone, Bozeman, Downtown Bozeman , Montana, Mexican, Berkeley, Gallatin, Sky , Bozeman, United States, Washington , New York , Texas, West Coast
Earnings per share: 85 cents adjusted vs. 72 cents adjusted that was expected85 cents adjusted vs. 72 cents adjusted that was expected Revenue: $5.97 billion vs. $5.82 billion expectedBlock posted $2.09 billion in gross profit, up 22% from a year ago. Analysts tend to focus on gross profit as a more accurate measurement of the company's core transactional businesses. The Cash App business, which is the company's popular mobile payment platform, reported $1.26 billion in gross profit, a 25% year-over-year jump. Bitcoin, said bitcoin will ultimately help Block "serve more people around the world faster." He added that going forward, Block will be investing 10% of its gross profit from bitcoin products into purchases of bitcoin for investment.
Persons: Block, Jack Dorsey, Afterpay, Dorsey, Amrita Ahuja, Bitcoin, bitcoin Organizations: Twitter, CNBC
Cash App, introduced in 2013, allows users to send and receive money instantaneously among themselves and to buy stocks and Bitcoin. As of December, Cash App had 56 million active transacting accounts and $248 billion in inflows during the previous four quarters, the company said. (Merchants are considered customers at Square, while users are considered customers at Cash App.) Cash App is not a bank, but it uses external banking partners to conduct various services. On March 29, Sutton Bank settled a consent order with the Federal Deposit Insurance Corp. that echoed the whistleblowers' allegations.
Persons: Jack Dorsey, Block, Venezuela —, Edward Siedle, Prosecutors, Cash, OFAC, Lawrence Summers, Sharon Rothstein, Summers, Rothstein, Lord Paul Deighton, Goldman Sachs, Deighton, Dorsey, Banks, Sutton, James Booker Organizations: Twitter, Southern, of, NBC, NBC News, Securities and Exchange Commission, Block, Foreign Assets Control, U.S . Treasury, Cash, OFAC, Goldman, Financial Market, Bank of Lithuania, Payments Lithuania UAB, PayPal, Consumer Finance Protection Bureau, Sutton Bank, Federal Deposit Insurance Corp, FDIC Locations: of New York, Cuba, Iran, Russia, Venezuela, Ohio, Sutton
Shares of popular athleisure brand Lululemon have plummeted this year, trailing the S & P 500 significantly. Its shares, which were included in the Wall Street index just last October, are down around 28% year-to-date. Dwyer also pointed out that Lululemon is unlikely to be exposed to any geopolitical risks surrounding China. "Millennials represent around a third to 40% in China and then Gen Z are a much bigger share of the demographic - they are fans of this brand," Dwyer. According to FactSet, Lululemon has a buy rating of 69% and analysts covering the stock give it 28.1% potential upside from the average price target.
Persons: Jack Dwyer, Dwyer, FactSet, Lululemon Organizations: Infusive Asset Management, CNBC, Consumer Alpha Global, Fund, Netflix, PepsiCo Locations: China, , LVMH
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon, LVMH and more: Fund manager reveals the consumer stocks to buy right nowCNBC’s Will Koulouris asked Jack Dwyer, CEO of Infusive Asset Management, how he’s playing the consumer theme. He also discussed his fund’s top holdings, which include Amazon and LVMH.
Persons: Will Koulouris, Jack Dwyer Organizations: Infusive Asset Management
Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. "Building on these insights and pursuant to our goal of supporting mining decentralization, we plan to offer both a standalone mining chip as well as a full mining system of our own design." "Mining isn't accessible to everyone," Dorsey wrote when Block first entered the business of building mining hardware in 2021. "Bitcoin mining should be as easy as plugging a rig into a power source. The company was light on the details in this latest announcement, but Dorsey posted in 2021 that the company was considering a "bitcoin mining system based on custom silicon."
Persons: Jack Dorsey, We've, Dorsey, Block, Thomas Templeton Organizations: Mining Locations: China, Kenya, Malawi, Zambia
When trying to assess the growth prospects of companies, portfolio manager Jack Dwyer says the consumer is king. CNBC's Will Koulouris will ask the CEO of Infusive Asset Management how he harnesses the power of the consumer in Pro Talks on Wednesday, April 24. The top holdings of Infusive's Consumer Alpha Global Leaders Fund include Amazon , Netflix and Alphabet , in addition to consumer stocks such as McDonald's , LVMH and PepsiCo . When selecting stocks, Dwyer urges investors to avoid making generalizations about consumer strength on a country basis, and highlighted a divergence across the luxury sector. To discover Dwyer's top stock picks, j oin CNBC Pro Talks on Wednesday, April 24 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m.
Persons: Jack Dwyer, CNBC's Will Koulouris, Dwyer, Hermes, Morningstar, Will Koulouris Organizations: Infusive, Management, Infusive's Consumer Alpha Global, Fund, Amazon, Netflix, PepsiCo, Nvidia Locations: LVMH, millennials
What it’s like to be a ‘glass child’
  + stars: | 2024-04-23 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +11 min
Meneses Maples refers to herself as an adult “glass child,” the sibling of a person with a mental or physical disability. How does a glass child disappear? It is important not to assume what the needs of a glass child are, said Missud, the New York psychotherapist. More than a decade after her TEDx presentation, Meneses Maples receives messages from parents of glass children seeking her advice. Meneses Maples said she hopes to inspire research on glass children by spreading the word through presentations and workshops.
Persons: Alicia Meneses Maples, David, Mario, Meneses Maples, didn’t, , ” Meneses Maples, Antonio TEDx, Debbie Missud, Emily Holl, Missud, ” Holl, , Holl, David couldn’t, Mario didn’t, , Shelley Cook, Laura Oliverio, Cook, Andrea, ” Cook, Cook didn’t, Shelley Cook “, Al Freedman, Freedman, Jack, Cara, Jack didn’t, ” Freedman, wasn’t, Alicia, Mario Meneses, Alicia Meneses Maples Meneses Maples, ‘ Alicia, ’ ” Meneses Maples, ’ ”, Organizations: CNN, Hulu’s, Suncoast, Disney, Cure SMA Locations: Chicago, Antonio, New York City, Glenwood Springs , Colorado, York
A US Army officer said military trainers had warned soldiers of the dangers of cellphone use. Ukraine has used Russian soldiers' cellular data to locate and target their positions. But they are also potentially lethal for the soldiers carrying them, a US Army officer has said. Maj. Gen. Curtis Taylor told Jack Detsch, a reporter at Foreign Policy, that Army trainers had been warning soldiers about the dangers of taking cellphones on operations. Russian sources claim 89 soldiers were killed in the strikes, while Ukraine put the number at around 400.
Persons: , Curtis Taylor, Jack Detsch, We've, Taylor, Fort Irwin, Dimitar Dilkoff, Enea, Lockheed Martin Organizations: US Army, Policy, Service, Foreign, Army, National Training Center, Fort, Getty, Russian Ministry of Defense, M142, Artillery Rocket Systems, Sky News, Lockheed Locations: Ukraine, Russian, Ukrainian, AFP, Russia, Makiivka, Leer
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