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☆ 2024 Was the Year That Broke College Admissions - The New York Times
▼ + stars: | 2024-05-01 | by ( Daniel Currell | ) www.nytimes.com time to read: +1 min

Selective college admissions have been a vortex of anxiety and stress for what seems like forever, inducing panic in more top high school seniors each year. But the 2023-2024 admissions season was not just an incremental increase in the frantic posturing and high-pressure guesswork that make this annual ritual seem like academic Hunger Games. The so-called Ivy-Plus schools — the eight members of the Ivy League plus M.I.T., Duke, Chicago and Stanford — collectively received about 175,000 applications in 2002. In 2022, the most recent year for which totals are available, they got more than 590,000, with only a few thousand more available spots. A legal challenge swept the rules away, freeing the most powerful schools to do pretty much whatever they wanted.

Persons: —, clamoring, Stanford — Organizations: Hunger, Ivy League, Stanford Locations: Duke, Chicago, United States

☆ Thailand's central bank will act independently and not cave to 'political' pressure, governor says
▼ + stars: | 2024-04-29 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief told CNBC on Monday. "The proof is in the pudding," Bank of Thailand Governor Sethaput Suthiwartnarueput told CNBC's "Street Signs Asia." Despite the "clamoring" for rate cuts, the BOT didn't act on it "if we weren't operating independently," he added. The BOT kept the key interest rate steady at 2.50% in its latest policy meeting in April. But the central bank has been facing intense pressure from the government to lower rates, including from the country's Prime Minister Srettha Thavisin, Reuters reported.

Persons: Sethaput Suthiwartnarueput, CNBC's, Srettha Thavisin Organizations: CNBC, Bank of Thailand, country's, Reuters

☆ Elon Musk gave Tesla investors the one thing they've been demanding — and it worked brilliantly
▼ + stars: | 2024-04-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Elon Musk said Tesla will get cheaper electric vehicles out sooner. AdvertisementElon Musk dangled a long-awaited prize — cheaper Tesla models — in front of investors on Tuesday. But it was enough to calm investors, and Tesla's stock rose 13% in after-hours trading. Significant challenges and a plummeting stockWhile a promise of cheaper cars relieved investors, Tesla's troubles are far from over. Tesla's stock is down 42% year-to-date.

Persons: Elon Musk, Tesla, Tesla's, —, Elon, Musk, Jay Woods Organizations: Service, Freedom Capital Markets, Reuters, EV Locations: China, Europe

☆ Tesla is blaming struggling EV sales on hybrid craze
▼ + stars: | 2024-04-23 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

Tesla is blaming hybrids for stealing EV sales. Inexpensive hybrid cars have become a popular choice for green-car shoppers. That's a real problem for Tesla, which doesn't sell hybrids. In the opening page of its first-quarter earnings presentation Tuesday, Tesla blamed an industry-wide prioritization of these partially battery-powered cars for putting pressure on global EV sales and — by extension — Tesla's sales. After years of wealthy early adopters clamoring for expensive new technology, today's EV shopper is more frugal and practical — and more interested in hybrid models that fit their everyday needs.

Persons: Tesla, —, Elon Musk's Tesla, Tesla's Organizations: Service, Toyota, Musk's EV

☆ Tesla's Elon Musk postpones India trip, aims to visit this year
▼ + stars: | 2024-04-20 | by ( ) www.cnbc.com time to read: +2 min

Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year. m"Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk posted on his X social media platform. The CEO and the prime minister are both at critical junctures. Musk posted that "Reuters is lying" after the report, without citing any inaccuracies. After Reuters reported Musk's India trip plans on April 10, he posted on X that he was "Looking forward to meeting with Prime Minister Narendra Modi in India!"

Persons: Elon Musk, Narendra Modi, Musk, Tesla, Rohan Patel, Modi Organizations: Reuters, EV Locations: India, New Delhi

☆ Blackstone hires Walmart AI whiz to supercharge its portfolio companies
▼ + stars: | 2024-04-15 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Private equity is ramping up its AI hiring efforts, with Blackstone snagging a key executive to oversee how AI will be applied at its some 230 portfolio companies. Mehrotra will lead Applied AI within Blackstone's data science team, Matthew Katz, Blackstone's global head of data science, told Business Insider in a written statement. Mehrotra comes to Wall Street from Walmart, where he led applied AI efforts at the retailer and managed a team of more than 400 data scientists. Related storyWhile at Walmart, Mehrotra was the vice president of applied AI, leading a team responsible for how AI was mixed into merchandising, including assortment, pricing, and inventory management. AdvertisementLike its peers, Blackstone is eager to take advantage of AI, which stands to shake up businesses across virtually all industries.

Persons: Blackstone, Prakhar Mehrotra, Mehrotra, Matthew Katz, Blackstone's, Franz Edelman, Katz, Deepali Vyas, Zac Maufe, Manoj Mahenthiran, Thomas H, Lee Organizations: Service, Walmart, Twitter, CalTech, Blackstone, Blackstone . Data Locations: Boston, Blackstone

☆ Private equity firms are 'clamoring' to hire AI executives with some offering pay packages of up to $2 million
▼ + stars: | 2024-04-11 | by ( Bianca Chan | ) www.businessinsider.com time to read: +3 min

PE firms are eager to hire leaders with AI and machine-learning experience. She is now engaged in more than 10 more assignments for similar hires among middle-market and large PE firms. PE firms have more recently started to embrace cloud and AI technology and see it as a business differentiator. Unlike other Wall Street firms that invest billions in their own tech stacks, PE firms are upgrading their portfolio companies' technology. It's not just at the leadership level where PE firms are looking for this kind of talent.

Persons: Deepali Vyas, Vyas, It's, Thomas H Organizations: Service, Business, Blackstone, JPMorgan, Artificial Intelligence Management, Lee Partners Locations: Boston, Swedish

☆ AI fever is triggering a new hunt for tech talent on Wall Street. 5 recruiters outline in-demand tech roles that can pay from $250,000 to $2 million.
▼ + stars: | 2024-04-09 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street firms are switching into hiring gear. Banks, hedge funds, and private equity firms are back on the hunt for tech talent, several recruiters told Business Insider. Across the Street, finance firms are witnessing the AI transformation being led by tech giants like OpenAI and Nvidia. Hodzic added that, on average, the technology business at Selby Jennings is registering 25% more job orders a week compared to this time last year.

Persons: —, Giancarlo Hirsch, Deepali Vyas, she's, Vyas, Ben Hodzic, Selby Jennings, Hodzic, Glocomms, Hirsch, whittle, Banks, Andy Legg, Dennis Baden, Baden, Korn Ferry's Vyas Organizations: Service, Finance, Business, Blackstone, JPMorgan, Vyas, Nvidia, They're, Wall, Riviera Partners, Google, Banks Locations: Selby

☆ What Solar Eclipse-Gazing Has Looked Like for the Past 2 Centuries
▼ + stars: | 2024-04-08 | by ( Sarah Eckinger | ) www.nytimes.com time to read: 1 min

For centuries, people have been clamoring to glimpse solar eclipses. From astronomers with custom-built photographic equipment to groups huddled together with special glasses, this spectacle has captivated the human imagination. Creating a Permanent RecordIn 1860, Warren de la Rue captured what many sources describe as the first photograph of a total solar eclipse. He took it in Rivabellosa, Spain, with an instrument known as the Kew Photoheliograph. This combination of a telescope and camera was specifically built to photograph the sun.

Persons: Warren de la Organizations: Warren de la Rue, Kew Locations: Rivabellosa, Spain

☆ Fed caution may be justified if the labor market starts to deteriorate. Here's why that could happen
▼ + stars: | 2024-04-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

A strong jobs outlook raises the potential of greater inflation pressures, meaning the central bank might be less eager to ease policy. Indeed, there are some signs that the labor market's strength may not be as robust as the headline nonfarm payrolls numbers indicate. Economists both on Wall Street and at the Fed suspect swelling immigration numbers are playing a role in boosting employment and keeping the labor market so tight. With political clamoring intensifying for the U.S. to tighten its border controls, the resilience of the labor market then could be jeopardized depending on how large a role immigration is playing. "Another strong report raises the potential that the deterioration in labor markets we have been expecting will be avoided.

Persons: nonfarm, Seema Shah, Shah, Mohamed El, There's, Goldman Sachs, Michelle Bowman, Bowman, Andrew Hollenhorst Organizations: Federal Reserve, Labor, Asset Management, Allianz, Fed, CNBC, Wall, Congressional, Citigroup, Citi Locations: it's, Italy, U.S, South America, Central America, Mexico

☆ Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis
▼ + stars: | 2024-04-05 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Calhoun's total compensation last year rose 45% to $32.8 million, up from $22.6 million in the prior year. The manufacturer is grappling with the fallout of a door plug panel that blew out midair from a 737 Max operated by Alaska Airlines in January. Boeing disclosed the take-home pay, which did not include a 2023 bonus Calhoun declined that was valued at $2.8 million, and executive compensation in a filing on Friday. Calhoun took the helm at Boeing in January 2020 after his predecessor was ousted for his handling of the aftermath of two fatal crashes of the 737 Max. The Justice Department is investigating the Alaska Airlines accident and the Federal Aviation Administration has capped Boeing's 737 Max production until it signs off on Boeing's quality control.

Persons: Dave Calhoun, Dave Calhoun's, Max, Stan Deal, Calhoun, Steve Mollenkopf, aren't Organizations: Capitol, Washington , D.C, Boeing, Alaska Airlines, Justice, Federal Aviation Administration Locations: Washington ,

☆ Greene keeps alive campaign to oust Johnson and warns against new push for Ukraine aid
▼ + stars: | 2024-04-03 | by ( Manu Raju | ) edition.cnn.com time to read: +8 min

Johnson, presumably, could be helped by Democrats who want Ukraine aid as a price for helping the Louisiana Republican keep his job. Johnson has tried to ease tensions, saying on Fox this week of Greene: “She’s trying to send a message. But as she targets Johnson, Greene predicted her support would “continue to grow” and had “gained momentum”– though she declined to comment when asked which Republicans and how many were behind her effort. “We cannot get anyone more moderate than Mike Johnson,” Greene said. And I’m pretty sure I’m going to move the needle in that race in favor of John McGuire.”CNN’s Morgan Rimmer contributed.

Persons: Marjorie Taylor Greene, Mike Johnson, “, ”, Johnson, Greene, I’m, Vladimir Putin, Hakeem Jeffries, Bob Good, Donald Trump, ” Greene, Kevin McCarthy, Matt Gaetz, McCarthy, Gaetz, Johnson’s, wouldn’t, Mitch McConnell, he’s, Mitch McConnell’s, Nancy Pelosi, John McGuire, she’s grandstanding, Ron DeSantis, Trump, DeSantis, McGuire, ” CNN’s Morgan Rimmer Organizations: CNN —, CNN, Georgia, Ukraine, Democratic, GOP, Democrats, Louisiana Republican, House Republicans, Russian, Fox, ”, Democrat, Virginia, Republicans, White, Republican, Virginia Republican, Good, Florida Gov, Trump Locations: Ukraine, Russia, Louisiana, Florida, He’s, ”, Good’s

☆ Trump-backed GOP leaders call for embrace of early and mail-in voting even as former president continues to cast doubt
▼ + stars: | 2024-03-28 | by ( Daniel Strauss | ) edition.cnn.com time to read: +10 min

That’s very much a state-by-state process.”“Republicans will have to develop that if they decide they want to push mail voting and early voting or both. Republicans’ uneven approach to early voting reached an apex during the pandemic when Trump would regularly cast doubt on the safety and security of voting by mail or voting early. “Vote early. Vote early. But the danger for Republicans is that disillusionment with mail-in voting or voting early, fueled in large part by Trump, might be too deeply baked into party sentiment.

Persons: Donald Trump, “ We’ll, ”, Lara Trump, we’re, ” Lara Trump, Michael Whatley, ” Whatley, –, Barry Burden, ” Burden, “, Glenn Youngkin, I’m, ” Youngkin, Ronna McDaniel, Tennessee Sen, Bill Hagerty, Byron Donalds, Trump, ” Trump, don’t, “ there’s, you’ve, Schouten, Kate Sullivan Organizations: CNN, Top Republican, GOP, Republican National Committee, Fox News, RNC, Trump, Republican, Party, Elections Research, University of Wisconsin -, MIT, Science, Britain’s, Virginia Gov, Virginia, ‘ Bank, House Republican, Tennessee, Florida Rep, Bank, Republicans, Pew Research Locations: Michigan, Pennsylvania, Nevada, University of Wisconsin - Madison, Iowa, Nevada , Arizona, Wisconsin

☆ More startups are paying for ChatGPT as generative AI becomes a go-to tool for tech employees like engineers
▼ + stars: | 2024-03-26 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +6 min

65% of startups on Kruze Consulting's platform are paying for OpenAI, up from just 3% when the chatbot launched in late 2022. Back then, OpenAI had an API service that one to three percent of his clients were using, Jones told Insider in an interview. At fintech unicorn CloudWalk, which is building a payments network, a few engineers started using ChatGPT Plus on their own and praising the application on company Slack channels. Indeed, the growing adoption of ChatGPT is creating demand for engineers who are especially savvy at using generative AI to get work done more quickly. "The feedback we got, which is indirectly related to our using AI, is that investors didn't understand how our team has so many clients and has built so much," Siegal said.

Persons: Healy Jones, OpenAI, Jones, Luis Silva, Carlyle, Lauder, ChatGPT, Silva, We're, CloudWalk, he's, Anthropic, GitHub Copilot, Jared Siegal, Siegal, Copilot, Axel Springer Organizations: Kruze Consulting, OpenAI's, Business, OpenAI, Kruze, ChatGPT, eBay, Slack, ChatGPT Enterprise, Lauder Companies Locations: Brazil, Kruze, GitHub

☆ FTX estate selling majority stake in AI startup Anthropic for $884 million, with bulk going to UAE
▼ + stars: | 2024-03-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Bankrupt crypto exchange FTX has struck a deal with a consortium of buyers to sell the majority of its stake in artificial intelligence startup Anthropic for $884 million, according to a filing submitted late Friday to a Delaware court. That group is purchasing nearly $500 million worth of Anthropic shares. Multiple sovereign wealth funds were reportedly clamoring for a piece of FTX's Anthropic stake. Jane Street's head of quantitative research, Craig Falls, has also proposed to personally buy around $20 million worth of shares. Should it be approved, the sale would collectively account for nearly two-thirds of FTX's shares in Anthropic.

Persons: Jane Street, Sam Bankman, Fried, Caroline Ellison, Jane Street's, Craig, John Dorsey Organizations: Investment Co, United, United Arab Emirates, CNBC, Alameda Research, Venture, HOF Capital, Ford Foundation, Fidelity Management Locations: Delaware, United Arab, Saudi Arabia, UAE, Craig Falls, Anthropic

☆ It's comeback season for social media
▼ + stars: | 2024-03-23 | by ( Joi-Marie Mckenzie | Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

This story is available exclusively to Business Insider subscribers. But first: Social media is making a comeback. I'm not alone: Sharing on social media has tapered off, Business Insider reported back in 2023, but consuming content hasn't. Now social media platforms — Facebook, Instagram, TikTok, and others — are clamoring to get users to stay just a little while longer. It's clear social media isn't giving up without a fight — and right now, it seems we're OK with that.

Persons: —, Instagram, Tyler Le, edu, Mark Zuckerberg, I'm, Gen Z, Kate Middleton, BBC Studios Kate, Princess, Wales, she's, Read, Andrew Caballero, Reynold, Jenny Chang, Rodriguez Sam Altman, OpenAI, Altman, Pete Ballmer, Abanti Chowdhury, Steve Ballmer's, Pete, didn't, Kristen Wiig's, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Dispatch Social, Facebook, BBC Studios, Aurora, Getty, Biosciences, Hulu, Netflix Locations: Finland's, Utsjoki, Lapland, New York

☆ Bangalore water crisis: India’s ‘Silicon Valley’ is running dry as residents urged to take fewer showers, use disposable cutlery
▼ + stars: | 2024-03-14 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

As layers of tarmac swept through the city, Bengaluru lost its ability to absorb water, Ramachandra said. One woman begins to hit the vessel to check its water levels. No one sparedWhile the city’s poorest are bearing the brunt of Bengaluru’s water crisis, it hasn’t spared the upper middle class either. Activists and BJP members hold empty water pots during a protest against the state government over the severe water crisis, in Bengaluru on March 12, 2024. Idress Mohammed/AFP/Getty ImagesYet, for the city’s residents, the tit-for-tat arguments mean little as they experience the worst of the shortages.

Persons: ”, Ram Prasat Manohar, Ramachandra, “, Karnataka Raj Bhavan, Arijit Sen, D.K, Shivakumar –, Vishwanathan, Idrees Mohammed, Kumkum, Idress Mohammed, Geeta Menon, hasn’t, India’s, Maher Taj Organizations: India CNN, Infosys, Wipro, Ecological Sciences, Bengaluru –, “, Hindustan Times, Getty, Private, Authorities, Susheela, CNN, Management, won’t, Reuters, Bharatiya Janata Party, BJP, Congress Locations: Bengaluru, India, India’s, Bandepalya, Bengaluru –, Bangalore, ”, Karnataka Raj, Karnataka, Whitefield, AFP

☆ Schools are facing a dire teacher shortage. Less competitive pay for Gen Z and young millennials could make it worse.
▼ + stars: | 2024-03-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

A new ADP Research Institute report showed how teacher pay compares to the pay of all employees. Teacher pay as a share of the pay for all employees aged 20 to 25 has greatly fallen over the years. AdvertisementThere's a shortage of teachers, and young adults could be shying away from the profession as teacher pay becomes less competitive. And for teachers aged 25 to 30, that has increased from $49,427 in January 2018 to $59,780 in October 2023. Education isn't the only field that may have trouble attracting young job seekers.

Persons: ADP's Nela Richardson, —, Nela Richardson, Jeff Nezaj, Gen Zers, Richardson, Nezaj, Gen, It's, Aaron Terrazas, we've Organizations: ADP Research, Service, Business, Bureau of Labor Statistics, ADP Research Institute, Census, Denver, Denver Classroom

☆ Half of Americans would take a pay cut to work remotely — and many are willing to give up vacation days, survey finds
▼ + stars: | 2024-03-13 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +4 min

Many workers are willing to take pay cuts, increase working hours, or give up benefits for remote work. AdvertisementIt turns out that remote work is still valuable — at least for prospective employees. And they're willing to pay for that ability: Half of workers surveyed said they would take a pay cut for the policy. AdvertisementA majority of workers also reported being willing to move elsewhere for work if given the chance to work remotely. AdvertisementJay, an elder millennial, previously told Business Insider that he took a $35,000 pay cut so he wouldn't have to live near his office.

Persons: —, they'd, Millennials, that's, Nick Bloom, Jay, Insider's Aki Ito Organizations: Service, Stanford, WFH Research, Workers, Harvard Locations: Washington

☆ 'Shark Tank' star Barbara Corcoran once made $1.2 million offloading 88 'dumpy' apartments in under 3 hours by treating them like puppies for sale
▼ + stars: | 2024-03-08 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Barbara Corcoran once made over $1.2 million by selling 88 apartments in less than three hours. The "Shark Tank" star modeled her strategy on a puppy sale she watched as a child. AdvertisementBarbara Corcoran once sold 88 lousy apartments within three hours, making her $1.2 million, by cribbing from a puppy sale she witnessed as a child. Advertisement"All these fancy city people have come to buy the puppies," Corcoran recalled her mother saying. "I had almost 180 people waiting for me, the morning of the puppy sale, the morning of the one-price sale," she recalled.

Persons: Barbara Corcoran, —, Jack Russell, Tim Ferriss, Corcoran, must've, Corcoran — Organizations: Service, cribbing, Corcoran Group Locations: New York, New Jersey, New York City, —

☆ Inside Smashmallow, Silicon Valley's Failed Marshmallow Startup
▼ + stars: | 2024-03-03 | by ( Adam Rogers | ) www.businessinsider.com time to read: +20 min

"We wanted a marshmallow to have a little bite to it, not just be a foamy air," he says. Jon Sebastiani, Smashmallow founderSmashmallow had a killer brand — but the product was still basically being made one batch at a time, on kitchen counters. If Smashmallow couldn't produce enough marshmallows, Tanis wouldn't get its dough. The thing is, even though Smashmallow failed, Sebastiani didn't. "In that industry, a snackable marshmallow is a Smashmallow, like a copy machine is a Xerox," says Kwasniewski.

Persons: Jon Sebastiani, Sebastiani, Krave, jonesing, marshmallows, Liam Eisenberg, aerated, Cook, Jens Hoj, Hoj, Smashmallow, he'd, It's, Theranos, wasn't, Elizabeth Holmes, Tanis, Wolfgang Confectioners, Smashmallow Smashmallow, Wolfgang, Tanis wouldn't, Smashmallow couldn't, Richard Hartel, Sebastiani didn't, David Kwasniewski, Kwasniewski, Smashmallows, it's, Adam Rogers Organizations: Hershey, Michelin, BI, Kraft, Target, Walmart, Doumak, Workers, University of Wisconsin, Area, Xerox, marshmallows, Business Locations: Paris, California, Sonoma, Hershey, Silicon Valley, Los Angeles, Hobart, Chicago, Las Vegas, Netherlands, Tanis, Pennsylvania, America, Sonoma Capital, Smashmallow, Santa Rosa, San Francisco, Colorado, North America

☆ Breaking down the thrilling ending of 'Dune: Part Two,' and if we'll ever see a third movie
▼ + stars: | 2024-03-01 | by ( Jason Guerrasio | Eammon Jacobs | ) www.businessinsider.com time to read: +7 min

Though the movie's ending takes some liberties from Herbert's book, it should leave audiences begging for a third movie. In the movie's thrilling conclusion, Paul drinks the Water of Life, which is supposed to bring death to any man who consumes it. Sure, they might stay together if Villeneuve gets to make "Dune 3," but it could be a while before that happens. AdvertisementIn late 2023, he said at a press conference in South Korea that the screenplay for the third movie, which would be based on Herbert's book "Dune Messiah," was "almost finished." But even if "Dune: Part Two" becomes a box office success, the director will not hustle to close the trilogy.

Persons: Denis Villeneuve, —, Denis Villeneuve's, Frank Herbert's, Paul Atreides, Timothée, Niko Tavernise, Paul, Baron, Stellan, Atreides, Paul's, Javier Bardem, Jessica —, Mother, Jessica, Anya Taylor, Joy, Christopher Walken, Austin Butler, Emperor, Irulan, Florence Pugh, Stilgar, Chalamet, Jessica hasn't, Alia Atreides, Alia, jabbar, Gesserit, Villeneuve, Feyd Rautha, Feyd, he'll, she's, Princess Irulan, Pictures Denis Villeneuve, Villeneuve isn't clamoring Organizations: Service, Warner Bros, Pictures, Times Locations: Arrakis, South Korea, Hollywood

☆ It's becoming insane again in venture capital: A tiny AI startup wants investors to pay $100 to book a meeting with its founder.
▼ + stars: | 2024-03-01 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

A couple of days ago, startup founder Dan Siroker set his sights on meeting new investors. Siroker closed the process with 170 bids to sift through. Siroker told Business Insider this week that he isn't actively fundraising. Advertisement"When deals get hot, there is extreme interest," Ben Lerer, managing partner of Lerer Hippeau, an early-stage venture firm, told Business Insider's Ben Bergman late last year. "If you're not there long before the raising, you're not part of the conversation."

Persons: —, Dan Siroker, clamoring, whittle, Siroker, isn't, Andreessen Horowitz, they'd, Pavlo Gonchar, Ben Lerer, Lerer, Insider's Ben Bergman, there's, Dick Costolo, they're, Costolo, he'd Organizations: Service, Business, Getty, Twitter, Google, Nvidia, Boys & Girls Locations: haves, Silicon Valley

☆ Bey and Tay save the movies! AMC says 'literally all' of its Q4 revenue growth was from their concert films.
▼ + stars: | 2024-03-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

AMC owes Taylor Swift and Beyoncé — big time. CEO Adam Aron says 'literally all' of AMC's revenue growth in Q4 was from their concert films. To that end, it is no surprise that our praise for Taylor Swift and Beyoncé Knowles-Carter has no limit." And it wasn't just AMC that benefited from "Taylor Swift: The Eras Tour" and "Renaissance: A Film by Beyoncé." Aron said that the concert films made up one-ninth of Q4 box office earnings across the entire industry domestically.

Persons: Taylor Swift, Adam Aron, —, Aron, Beyoncé Knowles, Carter, clamoring Organizations: AMC, Service, Beyoncé

☆ DC and Marvel are reprinting coveted crossover comics
▼ + stars: | 2024-03-01 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

CNN —Comic-book store owner Jermaine Exum couldn’t believe his ears when a customer asked to reserve a copy of the upcoming 960-page “DC versus Marvel” comics collection. The "DC Versus Marvel Omnibus," to be released August 6, 2024, is a collection of various crossover comics, and just the second collaboration by DC and Marvel in two decades. From 1976 to 2003, crossovers between the DC and Marvel universes (“Superman vs. Uslan recalled similar “interplay” among the companies, citing a regular DC vs. Marvel softball match in Central Park as evidence of camaraderie. The comic "Marvel and DC Present Featuring the Uncanny X-Men and the New Teen Titans #1", will be reprinted in the upcoming collection.

Persons: Jermaine Exum couldn’t, “, ”, Lex Luthor –, ” Marvel, Exum, Michael Uslan, Carmine Infantino, Stan Lee, ” Uslan, Marvel, DC Walt Simonson, I’m, ” Simonson, Uslan, Walt Simonson, DC Ben Saunders, Denny O’Neil, George Pérez, Chris Claremont, John Romita Jr, Batman, Simonson, ” Saunders, Saunders, Federico Parra, James Gunn, Marvel’s, Peter Safran, Kevin Feige, ” Ethan Sacks, “ Jack Kirby, Steve Ditko, Jerry Siegel, Joe Shuster, Bob Kane, Bill Finger, William Moulton Marston Organizations: CNN, Marvel, DC, Warner Bros, Discovery, Disney, Hollywood, ” Comics, Teen Titans, New Teen Titans, University of Oregon, Acme Comics, “, Marvel Studios, Guardians, Galaxy, DC Studios Locations: Greensboro, North Carolina, Central, Greensboro , North Carolina, Venezuela, Caracas, AFP, Greece, Rome, Egypt

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