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What's more important? AI or the election.
  + stars: | 2024-04-05 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're announcing the finalists for our business, tech, and innovation bracket. What's on deck:This story is available exclusively to Business Insider subscribers. If you're just catching up, a few weeks ago we identified eight of the biggest trends in business, tech, and innovation. And then there were two: the AI race vs the US presidential election. Dan Rosen, founder and partner, Commerce Ventures:Advertisement"As a fintech investor, AI strikes me as more important.
Persons: , we're, Chelsea Jia Feng, Readers, Bruce K, Lee, Dan Rosen, Ira Allen, Tracy Albert, Wendy Craft, Elle, Dodd, Frank, Zach Blank, Nick DiGiovanni, Adam Jeffery, Ian MacNicol, David Einhorn, Jesse Cohn, Greg Coffey, Goldman Sachs, Brian Robinson, Nelson Peltz's, James Park, would've, Justin Sullivan, Marissa Mayer's, Enrique Munoz Torres, Elon Musk, Musk, Lukas Schulze, it's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Keebeck Wealth, Commerce Ventures, CNBC, NBCU, Getty, Elliott Management, Sohn, Street Journal, Disney, UCLA, Yahoo, LinkedIn, Elon, Apple, Ford, Workers, Advertising Research, NCAA Locations: Europe, California, New York, London
Marissa Mayer's company just launched Shine, a photo-sharing app. Enrique Munoz Torres, the cofounder, just quit the company. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen former Yahoo CEO Marissa Mayer tweeted about the launch of her new app, some people roasted Shine's outdated aesthetic and questioned the purpose of the photo-sharing app. Shine was the third app launched by Sunshine, a company Mayer co-founded with Enrique Munoz Torres, who had also worked with Mayer at Yahoo and Google before that.
Persons: Marissa Mayer's, Enrique Munoz Torres, , Marissa Mayer, Mayer Organizations: Service, Sunshine, Yahoo, Google, Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at results from our business, tech, and innovation bracket and voting on the semifinal matchups . In case you missed it, we created a bracket with eight of the biggest topics in business, tech, and innovation . But social media has been around so long, it's truly embedded in our DNA. Former employees are suing the social media agency that manages OnlyFans accounts for top influencers like Tana Mongeau and Abby Rao.
Persons: , it's, Chelsea Jia Feng, Let's, BlackRock's Larry Fink, Joe Biden, Donald Trump, We've, Ray Dalio, Xi Jinping, LEI, Julio Cortez, Marissa Mayer's, Sam Bankman, Fried, Lewis Kaplan, Tana Mongeau, Abby Rao, Cowboy Carter, Dan DeFrancesco, Grace Lett, Lisa Ryan Organizations: Service, Business, Boomers, Getty, Bridgewater Associates, Walmart, BI, Amazon, ChatGPT, Yahoo, didn't Locations: China, Bankman, New York, Chicago
Marissa Mayer, former Yahoo CEO, just announced a new app from her latest venture. It's called Shine, and it's a photo-sharing app where multiple people can upload photos to a shared album. Are you really trying to tell me that in the year 2024, people can't figure out how to share photos with each other? Shine, the new photo-sharing app ShineYes, there are some other things that could do this. Maybe, just maybe, Marissa Mayer will have another success on her hands here.
Persons: Marissa Mayer, It's, Mayer, , Aunt Carol Organizations: Service, Yahoo, TechCrunch, Business, DOJ, Flickr, Google
Boeing named Stephanie Pope the new CEO of its commercial airlines division on Monday. 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 . AdvertisementStephanie Pope knows Boeing well: a third-generation employee, she joined the company in 1994. Pope did not immediately respond to a request for comment from Business Insider sent outside regular business hours.
Persons: Stephanie Pope, , Pope, Stan Deal, Michelle Ryan, Elon Musk, Linda Yaccarino, Yaccarino, Carly Fiorina, Marissa Mayer, Sue Gove, Calhoun Organizations: Boeing, Service, BCA, Boeing Global Services, Twitter, HP, Yahoo, Bed, Business Insider
What's on deckAdvertisementBut first, zombie, zombie, zombie-ie-ie-ie. AdvertisementThat's why zombie VCs pose such a problem for the industry. Sussing out the prudent investor from the penniless one takes time and effort, two things startups can't necessarily afford when times are tough. AdvertisementIs having a zombie VC as an investor the equivalent of a scarlet letter? If a partner jumps ship from a zombie VC, startups they backed will be in a tough spot.
Persons: , here's, Insider's Ben Bergman, Ben, it's, Alyssa Powell, Morgan Stanley, Goldman Sachs, Ray Dalio isn't, Sundar Pichai, Marissa Mayer, Yahoo's, Cory Doctorow, He's, Smashmallow, they've, Jack Teixeira, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, BI, Bridgewater, Bank of America, Trading, Google, Canadian, Singapore Locations: There's, Silicon Valley, British, Singapore, Israel, New York, London, Chicago
The slip-up was so bad it sent the company's stock tumbling, and had CEO Sundar Pichai address the troops, calling the situation "completely unacceptable." The debacle has strengthened the narrative that Google is suddenly behind in the AI race, and now there's a growing chorus of voices calling for CEO Sundar Pichai to be replaced. Pichai, who was appointed CEO of Google in 2015, and Alphabet in 2019, has proven a strong peace-time CEO for the company. He's been an effective and steady hand who protects Google's prized search business and deals diplomatically with regulators. Responding to a tweet by Color Health CEO Othman Laraki, who said Google as facing an "unsolvable problem," Mayer defended Google somewhat.
Persons: , Sundar Pichai, Ben Thompson, Googlers, Mark Shmulik, chatbot, He's, Pichai, Aravind Srinivas, Sundar, Srinivas, Marissa, Marissa Mayer, Othman Laraki, Mayer, They've, Hugh Langley Organizations: Service, Google, Business, Color, Gartner Locations: Silicon Valley
The former Yahoo CEO is excited that AI is finally having its moment but worries about regulation. I'm looking forward to 2024 — 12 is my lucky number, so 24 is kind of close. I feel I've been a lifelong student of AI and, really, a follower of AI. So to see AI really have its moment in 2023 — I feel like my lifelong conviction that this was going to be something that ends up changing everything has started to come into focus. And the fact that that was the area that really moved AI the furthest forward was a surprise to me.
Persons: Marissa Mayer, , Mayer, she's, I'm, — I've, I've Organizations: Yahoo, Service, Google, Sunshine Locations: Business
Marissa Mayer has worked at Google, Yahoo, and founded a startup called Sunshine. But perhaps what Mayer should be most known for is her early bet on artificial intelligence. AdvertisementAs the generative-AI race picks up speed, Mayer said we have to understand the technology's "discomfort zone." Advertisement"What happens with the artificial intelligence the West develops, versus the AI that's developed inside of China?" "The values, standards, and a lot of different things in terms of what goes into the underpinnings of AI is very different across cultures."
Persons: Marissa Mayer, Mayer, , I've, Sundar Pichai Organizations: Google, Yahoo, Service, Business, Stanford University, Big Tech Locations: Silicon Valley, China, America
OpenAI's board of directors fired Sam Altman, the man behind ChatGPT, in a shock move on Friday. OpenAI's board announced Friday that Altman is out saying it "no longer has confidence in his ability to continue leading OpenAI." The board consisted of six people including OpenAI's president and cofounder Greg Brockman, OpenAI's chief scientist Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner and Sam Altman himself. He pointed out that even CEOs are "at-will employees," at US companies, but that OpenAI's board "behaved like a bunch of kids" and "erratically" in this instance. Most of OpenAI's board members don't own shares in the company, including Sam Altman himself who chose not to take any equity in, which ultimately limited his power and influence.
Persons: Sam Altman, ChatGPT, OpenAI's, , Altman, Greg Brockman, Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, Brockman, John Bates, It's, they've, Satya Nadella, Kara Swisher's, Bates, Marissa Mayer, X, Mayer, Mark Zuckerberg, Zuckerberg, what's Organizations: Microsoft, Service, Cambridge University, Google, Meta Locations: British
Sam Altman sure came out a hero
  + stars: | 2023-11-20 | by ( Katie Notopoulos | ) www.businessinsider.com   time to read: +5 min
After OpenAI's board booted CEO Sam Altman, industry peers and colleagues voiced their support. AdvertisementSam Altman comes out of the OpenAI CEO situation looking like a Silicon Valley hero. What IS clear is that Sam Altman has come out of the situation looking like a hero so far. After some failed negotiations about returning to OpenAI, Altman is now heading to work at Microsoft. As the dust settles (well, maybe) a narrative has emerged: Sam Altman has come out of this very well.
Persons: Sam Altman, Ilya Sutskever, Altman, , OpenAI, Justin Sullivan, Eric Schmidt, Brian Chesky, Schmidt, Marissa Mayer, Elon Musk, Mira Murati –, Mira Murati, we've, — Ilya Sutskever, Sutskever Organizations: Service, Google, OpenAI, Microsoft
Threads was a great place to get news on the OpenAI drama over the weekend. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Then, the biggest recent breaking news story in tech and business unfolded over the weekend with Sam Altman's shocking exit from OpenAI. It was the perfect test to see if Threads was up for a breaking news event. She also posted the same stuff to Threads, but as she pointed out — ironically — Threads doesn't "thread" posts properly, making a continuing story confusing to follow.
Persons: Meta execs, It's, , Instagram, Adam Mosseri, we're, Sam Altman's, Altman, Satya Nadella, Marissa Mayer, Kara Swisher, Swisher, Elon Musk, — Steve Liesman Organizations: Service, Meta, Twitter, Microsoft, Veteran, Elon, Disney, Apple Locations: OpenAI
Marissa Mayer slammed OpenAI's 'broken and underadvised' board on social media. AdvertisementMarissa Mayer has some harsh words for OpenAI's board. "The fact that Ilya now regrets just shows how broken and underadvised they are/were," Mayer wrote on social media. OpenAI's bylaws allow board members to both appoint and remove other board members with a majority vote, Wired reported. In the case of OpenAI, which had only six board members, a majority vote meant only four board members needed to agree on a change to approve it.
Persons: Marissa Mayer, OpenAI's, OpenAI, Sam Altman, Mayer, , Altman, Ilya Sutskever, Sutskever, Emmett Shear, Ilya, Reid Hoffman, Shivon Zilis, Will Hurd, spokespeople, Hoffman, Brian Chesky Organizations: Yahoo, Service, Twitter, Google, Microsoft, Wired, Republican, ppl Locations: OpenAI
Ruzwana Bashir Is Quietly Connecting the Tech World
  + stars: | 2023-11-16 | by ( ) www.businessinsider.com   time to read: +18 min
Story by Melia RussellPhotography by Lelanie FosterRuzwana Bashir is ransacking her kitchen cabinet for just the right tea. Bashir wears an Erdem floral-printed bra top, Erdem skirt, Giuseppe Zanotti shoes, Old Jewelry earrings along with her own bracelet and ring. "Part of building a business was going out and sharing what you were doing with the world," Bashir says. For years Bashir's startup had been building muscle around these capabilities; now it had an eager audience. Eating at acclaimed restaurants is fine, but Bashir prefers the more-intimate affairs at tech executives' homes because, she says, "you can stay longer."
Persons: Melia Russell, Lelanie Foster Ruzwana Bashir, Peek, She's, she's, Andy Warhol, Picasso, Bashir, I'm, Andreessen Horowitz, Jack Dorsey, Eric Schmidt, Goldman Sachs, Giuseppe Zanotti, Lelanie Foster, Bashir isn't, Elon Musk, Ronan Farrow, Roelof Botha, Mustafa Suleyman, we've, Bennett Miller, Capote, " Miller, , doesn't, didn't, Madeleine Albright, Tom Ford, Jared Cohen, Oskar Bruening, Forbes, Mark Zuckerberg, I've, Bashir wasn't, Travis Kalanick, Adam Neumann, Ty, Emily Weiss, Bashir refashioned, Donald Trump, Bruening, Laurence Tosi's, Miller, Beyoncé, shrugs, Anna Wintour, Anna, we're, Taylor Swift, Katie Haun, Marc Benioff, Reid Hoffman, Marissa Mayer, Dick Costolo —, Cohen, Katherine Maher, Maher, Daniel Kahneman, It's, Radel, Becky Akinyode, Elaine Winter, Tiffany Bloomfield, Dela, Chad Hilliard, Enmi, Kenny Aquiles Ulloa, Cyrenae, Madison Perez, Aidan Lapp, Bashira Webb, Bryan Erickson, Jinyoung Chang, Rodriguez, Rebecca Zisser, Claire Landsbaum, Emma LeGault, Joi, Marie McKenzie, Conner Blake, Kyle Desiderio, Victoria Gracie, Nicole Forero, Virginia Alves Organizations: Google, Museum of, Business, Elon, Vogue, Roelof, Oxford University, Oxford Union, Blackstone Group, Harvard Business School, Studios, Web, Young, Organization, Dela Revoluciøn, Enmi Yang Digital Tech Locations: Manhattan, SoHo, Bahamas, United States, Balthazar, England, Israel, Petra, Istanbul, Elle, Utah, COVID, Salt Lake City, Costa Rica, Atlanta, WestCap
He said the APM program is so competitive that landing an interview is like hitting a gold mine. After graduating, I chose Google over other companies because it offered a lot more support and resources: The Google APM program was proposed by former Google executive Marissa Mayer who started the program in 2002 to recruit fresh talents. Getting into the program is hard — it is estimated that 8,000 people apply to the APM program each year, and only 40-45 get accepted. This is the best part about the APM program — the ability to switch teams. I went to work in the office of the CEO, Sundar Pichai, and did product strategy-related work directly for him.
Persons: Arjun Lalwani, Arjun, , Marissa Mayer, I've, you'll, Google's, Sundar Pichai, Sundar Pichai's, It's, Aria Yang Organizations: Google, APM, Service, YouTube, Microsoft, Google APM, APM II, Base, Hilton, Marriott Locations: Paris, Singapore, Madrid, Lisbon, ayang@insider.com
Marissa Mayer: Passion Is A Gender-Neutralizing Force
  + stars: | 2023-09-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarissa Mayer: Passion Is A Gender-Neutralizing Force"Ambition is being undaunted." Sunshine CEO Marissa Mayer shares how her experience at Google set the foundation for her incredible career in media & technology.
Persons: Marissa Mayer Organizations: Google
The healthcare startup January uses CGMs and AI to monitor glucose levels, exercise, and sleep. I have low blood sugar, and January used machine learning to coach me to healthier habits. Low blood sugar, or hypoglycemia, is less common than high blood sugar, or hyperglycemia. Samantha Stokes/InsiderAt the end of January's AI training, I unlocked a suite of tools to track my food, exercise, blood sugar, and more. But January encouraged me to take a short walk after eating, which can help moderate glucose levels following a meal.
Persons: Marc Benioff, they're, Noosheen Hashemi, Hashemi, Marissa Mayer, Samantha Stokes, Mike Snyder, Insider's, What's, I've, CGM, didn't, Jesus Weligsander Perez Organizations: Felicis Ventures, AME Cloud Ventures, Apple Watch, Drug Administration, Stanford Medicine, Pace Locations: That's, SignalFire, Mount Sinai
Marissa Mayer: Ambition Is Being Undaunted
  + stars: | 2023-07-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarissa Mayer: Ambition Is Being Undaunted"Passion is a gender-neutralizing force." Sunshine CEO Marissa Mayer shares how her experience at Google set the foundation for her incredible career in media & technology.
Persons: Marissa Mayer Organizations: Google
Whenever there's mention of a new CEO opening in tech, former Yahoo CEO and former Google vice president Marissa Mayer's name always seems to come up. However, Mayer raised some eyebrows in 2020 when instead of turning up at another Silicon Valley giant, she launched startup Sunshine to focus on the seemingly "smaller" problem of contacts. Mayer and co-founder Enrique Muñoz Torres started working on Sunshine in 2018 to automate the mundane task of organizing contact information. The company also has Sunshine Birthdays and Sunshine Circles that delve into organizing birthdays and sharing information with groups. "The idea is that Sunshine Contacts basically becomes the brain that operates your contacts," Mayer told CNBC back in 2020 when the app was launched.
Persons: Marissa Mayer's, Mayer, CNBC's Julia Boorstin, Enrique Muñoz Torres Organizations: Yahoo, Google, CNBC, Summit, Sunshine, Lumi Labs Locations: Sunshine, Santa Barbara , California
There's a common misconception that introverts have to mimic stereotypically extroverted personalities to succeed: Be outspoken, always raise your hand and command a room. "If you know that you prefer smaller settings, you might not want to apply for a job at a large corporation," Allen says. The most daunting part might be opting out of extrovert-friendly situations without bothering anyone else, Allen says. Allen's advice: Come prepared with clear examples of situations you'd like to avoid, how you'd like to contribute instead and why it'll make you both happier and more productive. DON'T MISS: Want to be smarter and more successful with your money, work & life?
Elon Musk appointed Linda Yaccarino, a former NBCUniversal exec, to succeed him as CEO of Twitter. Amid Twitter's turmoil, some suggest that Yaccarino could fall prey to the so-called "glass cliff." While men often glide on a "glass escalator" to the corner office, women often confront a "glass ceiling." "I wish we were seen as good leaders in good times, too." I wish we were seen as good leaders in good times, too."
Elon Musk offered few clues about Twitter's next CEO, besides that "she" will take over in weeks. The cryptic post drove plenty of people on Musk's platform to suggest possible contenders. One serious guess came from tech journalist Kara Swisher, who laid out her case and observations in a Twitter thread. An NBCUniversal spokesperson told Insider that Yaccarino was preparing for the Upfronts, an event where media companies pitch advertisers. Guesses included famous tech names, some quickly debunkedYou didn't have to look far on Twitter to see some famous tech names like Sheryl Sandberg, Marissa Mayer, or Susan Wojcicki being floated.
Yahoo should have acquired Netflix or Hulu instead of blogging platform Tumblr, she told Tech Brew. Morning Brew Insider recommends waking up with, a daily newsletter. In an interview with Tech Brew, Mayer reiterated that one of her regrets was hiring the wrong chief operating officer, Henrique De Castro, whom she fired after 15 months on the job. A source at the time told Insider Mayer was "very personally engaged in this deal," working late into numerous evenings. Mayer's biggest regret, however, was not making "the tax-free Alibaba spinoff to separate the assets of the company," she told Tech Brew.
“If you want to change the game, you can't just work from the outside. You’ve got to get inside.”Former first lady Michelle Obama on finding ways to change the food and beverage industry. Gary He for The Wall Street Journal
“If you want to change the game, you can't just work from the outside. You’ve got to get inside.”Former first lady Michelle Obama on finding ways to change the food and beverage industry. Gary He for The Wall Street Journal
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