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Adam Neumann founded Flow in 2022 to transform residential real estate. Flow has acquired Whalebone, which bills itself as the "The Ninth-Best Magazine in the World." The magazine is being renamed as the Flow Trip and looks to serve as an in-house content arm. Flow has acquired Whalebone, a quirky bimonthly Montauk lifestyle publication that bills itself as the "The Ninth-Best Magazine in the World," according to an announcement on the magazine's website. This story is available exclusively to Business Insider subscribers.
Persons: Adam Neumann, , WeWork, he's, Neumann Organizations: Magazine, Service, Business
CNN —On Monday, Melinda French Gates announced her resignation from the Bill and Melinda Gates Foundation, officially ending one of the world’s leading philanthropic partnerships. In French Gates’ 2008 Fortune profile, Buffett said French Gates helped focus the foundation’s mission. In addition to French Gates, Gates and Buffett, The Giving Pledge counts billionaires like Mark Zuckerberg, Elon Musk and MacKenzie Scott as signatories. French Gates has a net worth of $13.3 billion, according to the Bloomberg Billionaires Index, while Bill Gates’ net worth is $153 billion. French Gates’ departure from the Bill and Melinda Gates Foundation has been hinted at since the couple announced their divorce in May 2021.
Persons: Melinda French Gates, Melinda Gates, Gates, Bill Gates, Melinda Gates ’, Warren Buffett, Buffett, ” Buffett, Mark Zuckerberg, Elon Musk, MacKenzie Scott, , French Gates Organizations: CNN, Melinda Gates Foundation, Microsoft, Duke University, Fortune Magazine, Gates Library Foundation, Berkshire Hathaway, Bloomberg, Rutgers ’ Center, American Women Locations: United States, Fortune, , Gates, French, Politics
Related storiesThis is the résumé he used to land a software development graduate program role at Booking.com in Amsterdam right after college. Later, he used an updated version of that résumé — with the same template — for a software engineering role at Google, where he's worked for more than four years. AdvertisementThe résumé template Dua used to apply to Booking.com in 2016. Make yourself searchable online: Dua adds links to his online profiles on his résumé and takes steps to build more online visibility. On LinkedIn, he uses his current job section to add more about his role and achievements than his one-page résumé allows.
Persons: , Dua, he's, PyCon, Nick Shah, Shah Organizations: Service, Business, Booking.com, Google, LinkedIn, Peterson Technology Partners Locations: Delhi, India, Amsterdam, Google's Zurich, Sahil, Park Ridge , Illinois
Timothy Gamble left his VP role at Walker & Dunlop to cofound HelloData.ai in 2022. I gathered and normalized real-estate data, but my role quickly expanded, and I was soon in charge of the data infrastructure that processed billions of real-estate data points daily. Related storiesNico left W&D one year before me, but we kept in touch. When I left W&D, we decided it made sense to start a real-estate AI company since we both had an entrepreneurial spirit, strong engineering backgrounds, and real-estate domain expertise. Deciding to leave my VP role was scary but the fear of complacency and the prospect of looking back with regret for not pursuing my passions were far greater motivators.
Persons: Timothy Gamble, Dunlop, cofound, Gamble, , It's, Enodo, might've, Nico Lassaux, Marc Rutzen, Nico, Marc, cofounding, you'll, we're, I've Organizations: Walker, Service Locations: Washington ,, HelloData.ai, Enodo
Several countries pay bonuses to medal winners, and high-profile athletes may get brand deals and sponsorships, but many Olympic athletes live quiet lives. AdvertisementD'Souza suggested he received funding for the Enhanced Games in the "single-digit millions" but declined to specify the amount. So far, it's unclear what kind of talent Enhanced Games will attract. He said that at the Enhanced Games, athletes would get comprehensive health checkups to monitor the effects of "whatever enhancement protocols" they're on and ensure they're fit to compete. D'Souza said he planned to announce more details about the Enhanced Games this summer — right around the Paris Olympics.
Persons: Aron D'Souza, gymgoers, D'Souza, Thomas Bach, Bach, Uber, Christian, Christian Angermayer, Balaji Srinivasan, Coinbase's, Peter Thiel, Angermayer, Srinivasan, Thiel, Hulk, Charles Harder, Harder, didn't, Sargon, Peter, VCs, Thiel hasn't, he's, James Magnussen, James, he'd, Marta Nawrocka, BI's Gabby Landsverk, Jim Walden, Grigory Rodchenkov, it's, who'd Organizations: International, Olympic, IOC, West Germany's Olympic, The New York Times, Business, Apeiron Investment, University of Melbourne, Gawker Media, BuzzFeed, Gawker, Abrams, Australian Financial, US, Doping Agency, UFC, Drug Free, NFL, NBA, MLB, Testing Agency, ITA, CNN, FBI, Sports, Gaming Initiative, Paris Locations: Miami, Lausanne, Switzerland, Oxford, Australian, Russia
A Finance Reporter Who Invests in Readers’ Well-Being
  + stars: | 2024-03-13 | by ( Sarah Bahr | ) www.nytimes.com   time to read: +1 min
Times Insider explains who we are and what we do and delivers behind-the-scenes insights into how our journalism comes together. When Ron Lieber arrived at The Wall Street Journal’s office in 2002 for a job interview, a couple of editors immediately sized him up. “They said, ‘We know what your beat is: beating the system,’” said Mr. Lieber, who had last worked as a senior writer for Fast Company covering management, design and careers. “And now you’re going to come here and do that for us.”After cofounding the Personal Journal section of The Wall Street Journal and writing a separate money management column, he was hired by The New York Times in 2008 to take over Your Money, a personal finance column. Sixteen years later, he has gained a reputation for offering readers advice — often tinged with his own experience — on headache-inducing issues, like how to navigate the maze of paying for college or prepare for life after a layoff.
Persons: Ron Lieber, , , ’ ”, Lieber, Organizations: Fast Company, Street, The New York Times
The lines between climate tech and infrastructure startups have become increasingly blurred. Investments in infrastructure startups over time. Permitting remains a massive roadblock for climate projects and modularity can be one way to "get around some of those hurdles," added Ben Wolkon, partner at MUUS Climate Partners. Modular tech can also be distributed and containerized, with some startups hoping to roll out with partners on-site. It's not just industrial startups that are going modular and distributed — it encompasses carbon capture, water filtration, food systems, and energy, said Regeneration.VC's Hoffman.
Persons: Katie Hoffman, Mike Schroepfer, Seonghoon Woo, Tim Boeltken, Sierra Peterson, Ben Wolkon, It's, Regeneration.VC's Hoffman Organizations: Business, Venture, Investments, Facebook, Gigascale, MUUS Climate Partners Locations: Paris, New York
Ascendance Asset Management, founded by former AllianceBernstein investor Bob Kim, will be a multi-strategy hedge fund that plans to integrate artificial intelligence across the investing and risk management process, several sources familiar with the matter told Business Insider. Kim was the director of research at Visium and a portfolio manager for Izzy Englander's Millennium before working as the chief investment officer for AB's Arya fund, the multi-billion multi-strategy fund within the asset manager's alternatives business. AdvertisementThe firm also brought on a former executive from billionaire Stan Druckenmiller's hedge fund Duquesne, John Kovitch, to be its head of trading. The goal, sources told BI, is for each portfolio manager to have their own personalized AI agent helping them trade. These firms need people, especially investing talent, pushing up compensation and guaranteed payouts across the industry.
Persons: Bob Kim, Ascendance, Kim, Izzy Englander's, AB's Arya, Josh Adam, Adam, Steve, Goldman Sachs, Stan Druckenmiller's, John Kovitch, Bobby Jain's Jain Organizations: Service, Management, Industry, Business, SAC, Duquesne, Citadel Locations: New York, London, Asia, GLG
To avoid ghosting job candidates, Church would schedule updates and ask for follow-up emails. There are four main reasons recruiters ghost candidates. Unfortunately, there are times when recruiters just ghost job candidates, and I don't think they should. When I was a recruiter, here are two simple ways I prioritized my candidates and avoided unintentional ghosting. They're hiring more, working more, and have more candidates on their plate than normal.
Persons: Nolan, there's, , I've, you've, doesn't, ghosting, it's Organizations: Google, Service, Nolan Church, cofounding, DoorDash Locations: Salt Lake City
Read previewPresident Biden has won quite a few fans in the climate tech sector during this time in office. Legislation, including the IRA, the Bipartisan Infrastructure Law, and the CHIPS and Science Act, has unlocked enormous amounts of capital that bolsters climate tech innovation and adoption. The Swiss company would have expanded Stateside eventually, but such policies helped it pick up pace, said Andrew Fishbein, Climeworks' senior policy manager in the US. For example, Regeneration VC doesn't factor subsidies into its investment decisions or portfolio companies' financial projections. Advertisement"Who knows, maybe 2024 is going to be a banner year for climate tech," he said.
Persons: , Biden, Sierra Peterson, Anna, Alexia Basile, Katie Hoffman, Hoffman, Climeworks, Andrew Fishbein, We're, Kevin Stevens, Trump, VC's Hoffman, Energize Capital's Stevens, Ben Wolkon Organizations: Service, Business, Voyager Ventures, Infrastructure Law, Regeneration, Battery, Trump, Future, Department of Energy, Energize Capital, MUUS Climate Partners Locations: Paris, Nevada , Arizona, Louisiana, North Dakota, California, Swiss, Washington
By demanding more power at Tesla, Elon Musk has effectively issued an ultimatum. AdvertisementElon Musk has issued an ultimatum to Tesla's board: hand over control of 25% of the votes, or he'll put the brakes on AI development. Musk claims the board has been delaying updating his compensation package until the court decides on a verdict. If the plan is rejected, it could be complicated for the board to give Musk what he wants. As Ives notes: "Musk is Tesla and Tesla is Musk."
Persons: Elon Musk, , he'll, Wedbush's Dan Ives, Tesla, Musk, Ives, xAI, Google's Bard, OpenAI's Organizations: Tesla, Service, EV Locations: Delaware
A defense lawyer for Young Thug told jurors his rapper name actually means "Truly Humble Under God." AdvertisementAn attorney defending Young Thug in his RICO trial said the Grammy winner's moniker actually stands for "Truly Humble Under God." Steel said Young Thug desired to break his community out of poverty and an "endless cycle of hopelessness," and that if he achieved his goal, he would be "Truly Humble Under God." "They call themselves YSL because the pants, tight-fitting pants, the women's pants that they're wearing it says YSL, Yves Saint Laurent. Steel also said that "pushing P," the title of a song featuring Young Thug, was short for "pushing positivity."
Persons: Young Thug, Brian Steel, Young, Yves Saint Laurent, Steel, , Jeffery, Tupac Shakur, Fani Willis, Jeffery Williams, Young Stoner, YSL, That's, Prosecutors, He's, Willis, Donald Trump Organizations: Service, Prosecutors Locations: Atlanta, Fulton County
Investor Kenneth Ballenegger was suspended from his firm Oyster Ventures after offensive posts on X.Ballenegger wrote on X that Israel should sterilize Gaza's population, among other remarks. AdvertisementAdvertisementVenture capitalist Kenneth Ballenegger has been suspended from the US investment firm he cofounded, Oyster Ventures, after making offensive remarks on X on the Israel-Hamas conflict. According to screenshots shared with Insider, Ballenegger wrote on Sunday: "After the war, Israel should handle Gaza like China handles Xinjiang. "Any employee's personal or political opinion does not reflect the values of Oyster Ventures or myself. The blowback over Ballenegger's comments also reflect ongoing tensions in the tech world.
Persons: Kenneth Ballenegger, Ballenegger, sterilize, , Yashar Ali, Ballenegger's, Sophie Liao, Liao, I've, Bolt, Dealroom, Crypto, Paddy Cosgrave Organizations: Oyster Ventures, Service, Ventures, Summit Locations: Israel, Gaza, China, Xinjiang, San Francisco, Asia, Pitchbook
Elon Musk and Sam Altman are taking swipes at each other on X.Musk fired back at Altman after the OpenAI CEO mocked his "rebellious" AI chatbot Grok. AdvertisementAdvertisementFormer colleagues Elon Musk and Sam Altman are swiping at each other's products. Musk fired back at Altman after the OpenAI CEO mocked his '"rebellious" AI chatbot Grok. The OpenAI CEO asked the system to create a bot with "cringey boomer humor in an awkward shock-to-get-laughs sort of way." Despite cofounding OpenAI together in 2015, Musk and Altman have been publically sniping at each other over the last year.
Persons: Elon Musk, Sam Altman, Musk, Grok, Altman, , ChatGPT, Christopher Stanley, OpenAI's, cofounding OpenAI Organizations: Altman, Service, X Locations: OpenAI
Superyacht Holdings is giving millionaires the chance to cohabitate the $117 million Victorious superyacht. Superyacht Holdings is taking a (relatively) democratized approach to superyacht ownership with its first target acquisition, the €110 million — about $117 million — Victorious. And because the ship is currently in operation, Superyacht Holdings won't have to do any refitting work. The Locastro brothers says several former employees from The World now work for Superyacht Holdings. Superyacht Holdings hasn't acquired its vessel yet, but this isn't uncommon for ship startupsBuyers can purchase more than one unit.
Persons: , Thomas Locastro, Matthew Locastro, Matthew, Matthew said, Locastro, James St, John, Justin Thorton Organizations: Superyacht, Service, Holdings, Superyacht Holdings, Monaco, Prix, AKYACHT, Superyacht Holdings hasn't, British Virgin Islands Locations: Spain, France, Croatia, Greece, Caribbean, Turkey, Saint Lucia, Barbados, British Virgin
The Novel Source for This Space Mystery? A Novel.
  + stars: | 2023-11-06 | by ( Samuel Horti | ) www.nytimes.com   time to read: +1 min
Humanity’s first contact with tiny quasi-intelligent robots felt fresh and believable to the video game producer Marek Markuszewski as he devoured “The Invincible,” Stanislaw Lem’s 1964 science fiction novel, in two evenings. Its precise descriptions of force fields and antimatter cannons seemed ready-made for the screen. “This is great material for a major game,” Markuszewski said he thought at the time, while he was working for the developer CD Projekt Red. But it was a challenge Markuszewski embraced after cofounding the Polish studio Starward Industries, which has adapted Lem’s work for its debut game, The Invincible. (It releases on Monday for the PC, the PlayStation 5 and the Xbox Series X|S.)
Persons: Marek Markuszewski, ” Stanislaw Lem’s, ” Markuszewski, , Markuszewski, Hunt, Andrzej Sapkowski Organizations: Starward Industries, PlayStation
Kim Kardashian's Skims is adding men's products like boxers and briefs to its online store this week. AdvertisementAdvertisementKim Kardashian's shapewear brand Skims is launching a menswear collection. This includes a range of men's products such as boxers, briefs, t-shirts, undershirts, tank tops, and leggings, and will be available to shop online from Thursday. Kardashian told The Wall Street Journal that Skims shoppers have been requesting men's products for their boyfriends and husbands for some time. Skims was valued at $4 billion in July after a $270 million funding round.
Persons: Kim Kardashian's, Skims, , Kardashian, Emma, Jens Grede, SKIMS, Neymar Jr, Shai Gilgeous, Alexander, Nick Bosa, Kardashian's, Tom Brady's, Brady, Gredes Organizations: Service, Wall Street, NFL
Soaring mortgage rates could be bad news for the economy, Bill Gross tells Insider. AdvertisementAdvertisementThe housing market is grinding to a halt as borrowing costs soar, paving the way for a broader economic downturn, Bill Gross said. The hikes have caused 30-year mortgage rates to soar from below 3% in late 2021 to about 7.7% — their highest level in more than 20 years. A key reason is a supply shortage, as many homeowners have locked in cheap mortgages rates and are loath to lose them by selling. Gross expected high mortgage rates to temper demand for new home construction – a leading indicator for the wider economy.
Persons: Bill Gross, , Gross, Powell Organizations: Service, Federal Reserve
Today, Aimtal has 20 employees across seven time zones. To make it work, Mesh said the company set clear expectations and had established processes for communication and collaboration. Insider spoke with a small-business owner and a remote-work expert about how small businesses could manage teams across multiple zones. Aimtal requires its employees to be available from 11 a.m. to noon and 3 p.m. to 4 p.m. Watson said small-business leaders should build connections and immerse employees in the company's culture to keep them happy and productive.
Persons: Slack, Aimtal, Janet Mesh, Cynthia Watson, you've, Watson, Jessie Wyman Organizations: Service Locations: Wall, Silicon, Boston, Virtira
The Eastbay deal gave Smith a bigger audience, leading to partnerships with companies including Coach, Heydude, Boost Mobile, and Hardee's. He mixes up his content with get-ready-with-me and workout videos, and posts about football, track, comedy — or his NIL deals. "People say they want NIL deals," Smith said, "but don't post on social media … Well, to get NIL deals, you have to post. "Don't let anybody tell you you can't get NIL deals at a smaller school," Smith said he tells other student-athletes. He said he's cofounding a new NIL marketplace that he plans to release this fall, hoping to specifically connect HBCU athletes with brand deals.
Persons: Rayquan Smith, Smith, He's, he's, That's, who's, hasn't, I'm Organizations: Norfolk State, Smart, Boost Mobile, Twitter, Eastern Athletic Conference, Virginia State University, Black Sports Locations: TikTok, Instagram
A newly released biography on Musk details how he justified poaching a Google scientist to then-CEO Larry Page. "And I was like, 'Larry, if you just hadn't been so cavalier about AI safety then it wouldn't really be necessary to have some countervailing force," Musk said. Sutskever joined Google's AI unit, Google Brain, in 2013 along with Geoffrey Hinton — also known as the "godfather of AI." "And I was like, 'Larry, if you just hadn't been so cavalier about AI safety then it wouldn't really be necessary to have some countervailing force," Musk added. When Musk started his own AI startup — xAI — in July, he again poached AI experts from Google and OpenAI.
Persons: Larry Page, Larry, Musk, Elon Musk, Sam Altman, OpenAI, Walter Isaacson's, Altman, Ilya Sutskever, Sutskever, Geoffrey Hinton —, Ilya, Isaacson, Organizations: Service, Google Locations: Wall, Silicon
Elon Musk felt left out when generative AI started to gather steam, his biographer said. The excerpt from Walter Isaacson's upcoming biography of Musk was published in Time. In the excerpt, which was published in Time, Musk felt he'd been left out of the AI boom after OpenAI released GPT-4 to the public and Google launched its Bard chatbot. Despite this, Musk officially launched his own AI venture, xAI, in July this year. However, an August report in The New Yorker said, the Tesla CEO was building his own AI venture at a similar time.
Persons: Elon Musk, Musk, Walter Isaacson's, he'd, OpenAI, chatbot ., Elon Musk OpenAI, OpenAI's, Tesla Organizations: Service, Google, Elon, Microsoft, New Yorker Locations: OpenAI, Wall, Silicon, New
Creator Rosie Nguyen started Fanhouse in 2020 with two other cofounders. Nguyen explains what she would do differently as a founder if she were building the startup today. Nguyen launched Fanhouse in 2020 as a subscription platform for creators to monetize, share exclusive behind-the-scenes content, and connect with top fans. The added investments helped Fanhouse in many ways, like hiring more staff and paying creators more money through the platform. She'd also tap into equity crowdfunding like creator startup Gumroad did.
Persons: Rosie Nguyen, Fanhouse, Nguyen, Lucy Guo, @jasminericegirl, Khoi Le, Jerry Meng, VCs, Jeff Morris Jr, Andreessen Horowitz, She'd, she'd, Le, Meng, shouldn't Organizations: Twitter, Investors, didn't Locations: American, Los Angeles, Fanhouse, VCs
Want to work in tech? Don't work in tech.
  + stars: | 2023-08-08 | by ( Tien Tzuo | ) www.businessinsider.com   time to read: +8 min
I advise young engineers today to work for Fortune 500 companies, not Big Tech. Today, however, he's working on a project for a different kind of tech company: John Deere. There is no magic at Big Tech companies, there's only money. And Fortune 500 companies simply don't have the luxury of buying talent just to park it. Today, all companies are tech companies, and they all want to see more recurring revenue in their business models, which means they need smart, restless engineers.
Persons: moonshots, Jon Weisz, John Deere, Weisz, Peter Thiel, that's, Philips, Ford, Tien Tzuo, Tzuo Organizations: Fortune, Big Tech, Corporations, Oracle, Apple, Nike, Honeywell, Volvo, Boeing, Whirlpool, Technologists, Facebook, Consumer, SEI, Microsoft, EV, Cornell, Stanford Locations: Columbia, Baltimore, Hulu, Atlanta, Salesforce
Sensorfact has created a smart monitoring system to help industrial companies cut energy and water use. Check out the 11-slide pitch deck it used to secure 25 million euros (around $28 million). A Dutch startup helping industrial companies manage their energy and water use has just raised 25 million euros (around $28 million) from growth impact fund Blume Equity. Sensorfact, founded in 2017, has developed a smart monitoring system for industrial companies including food and beverage, plastic and rubber, and metals manufacturers. It uses wireless sensors that are clipped onto machine cables and gas, water, and compressed air pipes to monitor flow every 30 seconds, which is fed back to a user-facing platform.
Persons: Sensorfact, Pieter Broekema's, Broekema, Biden's, Blume, Eleanor Blagbrough Organizations: Blume Equity, Sensorfact, Industry, SET Ventures Locations: Dutch, Europe
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