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☆ Shari Redstone is playing M&A war games with removal of Paramount CEO Bob Bakish
▼ + stars: | 2024-04-29 | by ( Alex Sherman | ) www.cnbc.com time to read: +5 min

The decision to remove Bakish as CEO comes as Paramount Global closes in on a merger agreement with Skydance Media. A number of large common shareholders, including Gamco Investors, Ariel Investments, Matrix and Aspen Sky Trust have publicly criticized the deal, arguing it destroys value for common shareholders. Paramount Global shares jumped about 5% in premarket trading Monday. Typically, Paramount Global shareholders, such as Gabelli, would compare an offer to the standalone company's prospects — hence his comments about not seeing a sale at all. But by removing Bakish, Redstone and the Paramount Global board are now throwing the status quo into chaos.

Persons: Bob Bakish, CNBC's David Faber, Shari Redstone, David A, Skydance, Mario Gabelli, That's, —, Bakish Organizations: Paramount, CNBC, Paramount Global, Skydance Media, Gamco Investors, Ariel Investments, Aspen Sky Trust, National Amusements, Allen & Company Sun Valley, Grogan, Amusements, New York Post, Bloomberg, Street Journal, Skydance, Apollo Global, Sony, New York Times, Apollo, Foreign Investment, U.S, Communications, Charter Locations: Sun Valley , Idaho, U.S, United States

☆ My Investment Banking Job Nearly Destroyed Me
▼ + stars: | 2024-04-29 | by ( Christine Ji | ) www.businessinsider.com time to read: +9 min

I hadn't expected to be lying on the office floor thinking that I needed to quit my investment banking job — yet there I was. The allure of an investment banking job is seductive. Being an investment banking analyst was much sexier in theory than practiceI knew banking would be intense from the internship, but nothing could've prepared me for just how intense the full-time role was. There's very little advice out there on how to quit your investment banking job. I can't say I loved investment banking to that degree, so I walked away.

Persons: could've, nauseous, there'd, Ji Organizations: Business, Ivy League, Wall

☆ For the vibrant springtime celebration Vaisakhi, Sikhs from near and far gathered to honor their faith and community
▼ + stars: | 2024-04-29 | by ( Nimarta Narang | ) www.businessinsider.com time to read: +10 min

The April celebration Vaisakhi is a time when Sikhs gather for community worship, meals, and parades. Here I was in America about a century later trying to honor the community he helped build and, by extension, the Sikh faith. Anumeha Sinha for BINow in my late 20s, it's been 11 years since I've lived in a close-knit Sikh community. To feel closer to her community, Kaur said she's now making a personal effort to honor traditions she learned when she was younger. But outside the Sikh community — and increasingly after 9/11, like Singh mentioned — I saw people misunderstand our symbols of faith.

Persons: —, Vaisakhi, Anumeha Sinha, Guru Nanak, Guru Gobind Singh, Singh, Kaur, it's, I've, Harmeet Kaur, Harman Singh, Harmeet, hadn't, Sahib, she's, Kaur's, nishaan sahib, I'm, It's Organizations: Service, New, BI, Khalsa, ., BI Kaur, New York, Darbar Locations: New York City, Richmond Hill, Queens, Punjab, South Asia, Bangkok, America, . Orange, Brooklyn, Kentucky, Pikeville, Lexington , Kentucky, Atlanta and New York, New, Detroit, India, Windsor , Ontario, Bangkok , New York

☆ A new ETF offers investors '100% downside protection' on the stock market. The catch is that it also limits upside.
▼ + stars: | 2024-04-29 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A new ETF is designed to offer investors "100% downside protection" to the stock market. The Calamos S&P 500 Structured Alt Protection ETF will launch on Wednesday under the ticker symbol "CPSM". AdvertisementA new ETF promises to offer investors "100% downside protection" to the stock market, but it comes with a few caveats. The catch is that it also limits investors' upside gains to the S&P 500 at a range of 9.20% to 9.65%. The other catch is that for investors to secure the 100% downside protection, they must buy the ETF on its first day of issuance.

Persons: —, Matt Kaufman, Kaufman, Russell Organizations: Service, CNBC, Nasdaq

☆ I knew having an older dad meant less time with him, but that didn't make losing him any easier.
▼ + stars: | 2024-04-29 | by ( Blair Sharp | ) www.businessinsider.com time to read: +4 min

I knew he was an 'older parent,' but it didn't prepare me for his death. After all, he was older than most of my friends' parents. He was older, but he didn't act like itMy dad was 46 when I was born, and despite being an "older parent" by societal standards, he never seemed that way to me. Blair Sharp always knew her father was an 'older parent.' Each year, as my friends' parents grow older, I find myself wondering who might be the next to experience this kind of loss.

Persons: I'm, —, I'd, hadn't, Garth Brooks, Blair Sharp, Grandpa Ray, grandpa he's Organizations: Service, New York Knicks Locations: Minnesota

☆ Who is Kristi Noem trying to impress by bragging about killing her dog?
▼ + stars: | 2024-04-29 | by ( Madison Hall | ) www.businessinsider.com time to read: +1 min

South Dakota Gov. Kristi Noem's forthcoming book reveals she shot and killed her family dog. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Kristi Noem's forthcoming book detailing how she killed her daughter's young dog, the rising Republican politician has doubled down on the decision as a matter of principle. The 14-month-old dog, Noem said, had an "aggressive personality" and hadn't been trained to hunt properly.

Persons: Kristi Noem's, —, Noem, hadn't Organizations: South Dakota Gov, Service, Republican, Cricket, Business

☆ Bill Gates Is Still Pulling Strings at Microsoft, Overseeing AI Ideas
▼ + stars: | 2024-04-29 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

In fact, Business Insider has learned, Gates has been quietly orchestrating much of Microsoft's AI revolution from behind the scenes. The company, Nadella promised, would "continue to benefit from Bill's ongoing technical passion and advice to drive our products and services forward." According to two executives, Gates' memo treated as gospel, sparking Microsoft's push to take the lead in the AI arms race. Now, it seemed, OpenAI might offer Microsoft a way to help forge the AI future that Gates had long envisioned. According to two executives, Gates' words were treated as gospel, helping spark Microsoft's push to take the lead in the AI arms race.

Persons: Bill Gates, Satya Nadella, Gates, Siri, They're, Clippy, Copilot, That's, Sam Altman, — Gates, Satya, Nadella, Steve Ballmer, Peter Thiel bashed, Bill, Melinda, Jeffrey Epstein, Nadella's, Rather, OpenAI, Kevin Scott, Scott, Altman, you'll, OpenAI's, Bing —, Bing, Steve, Sam, Kayla Wood, Frank Shaw, Shaw, —, Charles Lamanna, Jaime Teevan, Jeff Teper, Charlie Bell —, He's, Forbes, Mustafa Suleyman, DeepMind, Bill G, Suleyman, aren't, hadn't, there's, Ashley Stewart Organizations: Microsoft, Agents, Business, Google, Wired, Street Journal, Rover, Steve Jobs, OpenAI, Amazon Web Services Locations: Tay, Gates, Clippy, Washington, Redmond , Washington, Seattle

☆ A millennial couple spent less than $4,000 on an intimate destination wedding in Morocco. Here's how they pulled it off.
▼ + stars: | 2024-04-28 | by ( Maria Noyen | ) www.businessinsider.com time to read: +7 min

AdvertisementEven before getting engaged, Almaz Burgess knew she'd have a destination wedding. According to a study by The Knot, the average international destination wedding is $42,000 — nearly $10,000 more than standard hometown nuptials. Wedding venues in Greece and Italy were quoting them $10,000 — so they turned to MoroccoA year before the wedding, Burgess began researching destination weddings in Greece and Italy. White Silk Studio"In Morocco, they have the traditional Riad," she said, referring to a Moroccan house that typically has an indoor garden or courtyard. White Silk Studio"We tried to keep it under half an hour," she said, "to not bore everyone."

Persons: Burgess, —, she'd, Burgess didn't, wouldn't, wasn't Organizations: Service, New Zealand, White, Morocco — Locations: Morocco, New Zealand, New, London, Greece, Italy, Morocco — Marrakesh, Moroccan, Australian

☆ I'm a federal prison consultant. Here's how I went from being in prison to helping clients get ready to go behind bars.
▼ + stars: | 2024-04-28 | by ( Katie Balevic | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to essay is based on a conversation with Sam Mangel, a federal prison consultant with his own firm. Mangel went into the field after pleading guilty to wire fraud in an insurance fraud scheme and being sentenced to time in prison. That's when I realized that to a criminal defense attorney, you're just a number. I ask myself how can I help clients in a non-legal manner get the best outcome at sentencing? Because I got to tell you, you're in prison, you're going to get three meals a day, you're going to get your clothes cleaned, you're going to have a place to sleep.

Persons: Sam Mangel, Mangel, —, hadn't, COVID, it's, They've, they're Organizations: Service, FBI Locations: Florida, Philadelphia

☆ With day-trip fee 'Disney-fication' of Venice, the world hits its overtourism tipping point
▼ + stars: | 2024-04-28 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +5 min

In the 1970s, there were about 175,000 residents in Centro Storico, the main island and historic center of Venice. In fact, there are now more tourist beds in Venice than there are residents. Last week, Venice took action on overtourism, introducing a 5€ fee to day trippers who want to access the city. "You can't impose an entrance fee to a city; all they're doing is transforming it into a theme park. Marco Bertorello | Afp | Getty ImagesDespite its many detractors, the day fee is a significant move on the part of Venice's government to confront the challenge of overtourism, which has become a significant global problem since the pandemic.

Persons: Stefano Mazzola, Luigi Brugnaro, Mark —, There's, Matteo Secchi, Marco Bertorello, Antonio Paolo Russo, Russo Organizations: Piazzale Roma, Getty, Venice, Centro Storico, Guardian, Tourists, Afp, Virgili University Locations: Piazzale, Venice, Italy, Centro, Piazzale Roma, Santa Lucia, Tarragona, Spain, Bali, Barcelona, Amsterdam, Europe

A growing group of America's young people are not in school, not working, or not looking for work. They're called "disconnected youth" or "opportunity youth," and their ranks have been growing for nearly three decades. Experts say it's not just work and school; this group is often also disconnected from a sense of purpose. Palmer added that those with limited access to transportation, people with disabilities, and young parents were also more susceptible. Disconnected young people don't have that luxury."

Persons: —, Destiny, She's, she's, They're, Kristen Lewis, Lewis, hadn't, there's, Sen, Tim Kaine, who's, Joseph, he's, hasn't, he'd, Ashley Palmer, Palmer, Sarah Nunley, Nunley, Veronica, There's, Lucchesi, they're Organizations: Service, Business, Federal Reserve Bank of Dallas, Social Science Research Council, Survey, University of Minnesota's, National Center for Education Statistics, Walmart, Texas Christian University, Ivy League Locations: Florida, Alabama, Indiana, Silicon Valley, YOLO, Texas

☆ I got offers from Microsoft, Meta, and Google. Here's why I chose Google.
▼ + stars: | 2024-04-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

A recent tech grad received offers from Google, Meta, and Microsoft. Meta initially offered $210,700 in total compensation, but Google offered other appealing benefits. Right as I was about to accept my offer from Meta, Google let me know that they found a match for me. I would have chosen Google either wayIf Google didn't increase its total compensation offer, I would've had a really tough decision to make. Before college and working in tech, Google was a name that stood out to me.

Persons: —, FANG, Meta, would've Organizations: Google, Microsoft, Meta, Service, Facebook, Netflix

☆ Alphabet stock surges 11% on blowout earnings and first dividend for Google owner
▼ + stars: | 2024-04-26 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Alphabet shares surged in Friday's premarket after a blowout earnings report for the Google owner. AdvertisementAlphabet stock surged ahead of Friday's opening bell as investors cheered the Google owner's blowout first-quarter earnings. If those gains hold until the opening bell, its valuation will top $2 trillion for the first time. Meanwhile, Microsoft stock made more modest gains after it reported first-quarter earnings on Thursday afternoon. Shares were up almost in pre-market trading, putting its market capitalization on course to jump about $11 billion at the opening bell back above $3 trillion.

Persons: —, AJ Bell, Russ Mould, Amy Hood, hadn't, OpenAI, Sophie Lund, Yates, Hargreaves Lansdown Organizations: Google, Microsoft, Nasdaq, Big Tech, Service, Apple Locations: Friday's

☆ I'm a high school senior who commutes an hour by train to school every day. It's helped prepare me for the real world.
▼ + stars: | 2024-04-26 | by ( Teddy Almond | ) www.businessinsider.com time to read: +5 min

Four years ago, I started commuting to my high school — which is an hour away — by train. But that ended when I started high school at The Hudson School, which is 25 miles away from my home in Madison, New Jersey. AdvertisementNow that I'm a high school senior, I look back fondly on my four-year commute. AdvertisementI imagined how much easier it would be if I were a regular high school student who took the bus to school. Still, I'm glad I got to commute 25 miles every day before heading off to collegeLooking back at the past four years, I realize commuting has helped prepare me for the real world — outside high school.

Persons: —, COVID, didn't, I'm Organizations: Service, The Hudson School, Hudson School, New Jersey Transit Locations: Madison , New Jersey, New, Europe, Hoboken

☆ I never wanted to have kids in the US. Now, I'm happily raising a toddler in Germany.
▼ + stars: | 2024-04-26 | by ( Susannah Edelbaum | ) www.businessinsider.com time to read: +7 min

She ended up getting married and having a baby in Germany but has struggled with a lot of bureaucracy. Germany offers excellent maternity care, including postpartum home visits by a midwife, and down the road, various degrees of subsidized day care — the exact setup varies state by state. But in Berlin both midwives and day care centers are in short supply, according to local news channel RBB24. The author says that Berlin is filled with playgrounds and her toddler always wants to stop and play. Susannah EdelbaumI'm thrilled to be raising a toddler in BerlinDespite the late start, I found a midwife.

Persons: Susannah Edelbaum, —, somethings, That's, I'd, Susannah Edelbaum I'm, who'd Organizations: Service, Kita, Bertelsmann Stiftung Locations: New York, Berlin, Germany, Denmark, hitched, Copenhagen, Ærø, Las Vegas, Kita

☆ Ellen DeGeneres spoke about the 'devastating' end of her talk show. Here are all the celebs who have spoken out about their experiences with her.
▼ + stars: | 2024-04-26 | by ( Julie Gerstein | Palmer Haasch | ) www.businessinsider.com time to read: +25 min

"The Ellen Degeneres Show" ended in May 2022, two years after toxic workplace allegations surfaced. AdvertisementShe was supposed to go out with a bang, but Ellen DeGeneres' much-loved talk show instead went out with a whimper. Even years after the 2020 controversy and ending of "The Ellen DeGeneres Show," celebrities like Emily Ratajkowski have continued to question some of her behavior. Garrett, who has appeared on "The Ellen DeGeneres Show" multiple times, reshared Variety's article about the comedian's letter apologizing to staffers who felt disrespected. AdvertisementOctavia Spencer said all her experiences on 'The Ellen DeGeneres Show' have been 'supportive and fun'The actress, who's appeared on "The Ellen DeGeneres Show" numerous times over the years, issued a statement supporting DeGeneres via Instagram on August 13.

Persons: Ellen Degeneres, DeGeneres, —, Ellen DeGeneres, Brad Garrett, Lea Thompson, Scooter Braun, Katy Perry, Emily Ratajkowski, Raymond, Garrett, reshared, hadn't, Garrett's, Thompson, didn't, Braun, Justin Bieber, Ariana Grande, she'd, Ellen, Portia de Rossi, De Rossi, Kris Jenner, Nacho Figueras, Brandi Carlile, Figueras, he'd, Jennifer Aniston, Jennifer Lopez, Michelle Obama, Pink, Sean Hayes, Lady Gaga, Oprah, Justin Timberlake —, Perry, Samantha Ronson, I've, Ronson, Diane Keaton, SHOW, Kevin Hart, Hart —, Ashton Kutcher, Kutcher, he's, Jerry O'Connell, de Rossi, O'Connell, Portia, Portia … Instagrammed, Jay Leno, Andy Richter, Ashley Nicole Black, who's, Howard Stern, Howard, Beth, Phoebe Bridgers, ellen, Octavia Spencer, Spencer, ELLEN, Sofia, Mariah Carey, Carey, that's, Steve Harvey, Jonathan Leibson, Harvey, I'd, Alec Baldwin, Baldwin, Ryan Phillippe, Phillippe, hasn't, NikkieTutorials, Nikkie de Jager, Degeneres, Tony Okunbowa, Taylor Swift's, Taylor Swift, Swift, She's, Ratajkowski, Elle Organizations: Service, Twitter, Los Angeles Times, @TheEllenShow, DJ, SHOW, Entertainment, ppl, TBS, Colombian, Us Locations: Argentine, British, Instagram, American

☆ I took Pilates classes for a year. I was the only man in a class full of women, but it's become my favorite workout.
▼ + stars: | 2024-04-26 | by ( Ash Jurberg | ) www.businessinsider.com time to read: +5 min

Because it's a low-impact workout, Pilates can also be great when dealing with pain or building lean muscle — which explains why professional athletes incorporate it into their fitness routines. AdvertisementRegular Pilates classes were completely worth it, and I love how they've impacted my body and mindDoing Pilates keeps my mind clear and my body in shape. Ash JurbergInvesting in Pilates classes was worth it because the sessions exercised my body and mind and kept me motivated. Concentrating on each Pilates exercise distracted me from thoughts about work or my to-do list. It took me 50 years to try Pilates, and I wish I had taken the classes earlier.

Persons: —, I've, Jurberg Organizations: Service, Business

☆ Harvey Weinstein's NY judge shouldn't have allowed 'prejudicial' testimony from women who said they, too, had been abused: appeals court
▼ + stars: | 2024-04-25 | by ( Geoff Weiss | Natalie Musumeci | Katie Balevic | ) www.businessinsider.com time to read: +1 min

New York's top court overturned the 2020 sex crimes conviction against movie mogul Harvey Weinstein. The court said the trial made an error by allowing accusers who weren't a part of the complaint to testify. AdvertisementHarvey Weinstein's sex crimes conviction was overturned Thursday by the New York Court of Appeals, which found that he hadn't gotten a fair trial. In its 4-3 decision, the appeals court found Weinstein's trial judge had erred in allowing accusers who were not listed as a part of the criminal charges against him to testify about their own experiences. This story is available exclusively to Business Insider subscribers.

Persons: Harvey Weinstein, —, Harvey, hadn't Organizations: Service, New, Appeals, Business Locations: Manhattan

☆ Legal woes pile up for Trump allies: Giuliani, Meadows, and more indicted in Arizona election interference case
▼ + stars: | 2024-04-25 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani and Mark Meadows are among those indicted in an Arizona election interference case. Multiple Trump allies and Arizona GOPers were charged with felony counts, including conspiracy. The indictment also appeared to list former President Donald Trump as "Unindicted Coconspirator 1." AdvertisementProsecutors charged Rudy Giuliani, Mark Meadows, and a slate of Arizona Republicans with multiple felonies in a 58-page indictment made public on Wednesday. A representative for Trump and the Trump Organization did not immediately respond to a request for comment from BI.

Persons: Rudy Giuliani, Mark Meadows, Donald Trump, —, Jenna Ellis, John Eastman, Christina Bobb, Trump, Mike Roman, Boris Epshteyn, Ted Goodman, Giuliani, Bobb, Charles Burnham, Eastman, George Terwilliger, Meadows, hadn't, Joe Biden Organizations: Trump, Service, Prosecutors, Arizona Republicans, The Washington, GOP, Eastman, Business, Post, United, Trump Organization Locations: Arizona, Maricopa County , Arizona, Ellis, United States, Georgia , Michigan , Wisconsin, Nevada, Georgia, Mar, New York

☆ I was afraid of losing my ex because I didn't want kids. I realized I'd be losing myself if I compromised.
▼ + stars: | 2024-04-25 | by ( Cristabelle García | ) www.businessinsider.com time to read: +7 min

I loved my ex almost immediately, but he wanted kids, and I didn't. I wondered how much doubt about having kids was normal. When Cristabelle Garcia and her ex had differing desires about wanting kids, they parted ways. However, it only made me notice the relief I would feel whenever my ex entertained the idea of not having kids. My ex felt I was over-indexing on my alone time.

Persons: —, We'd, wouldn't, Cristabelle Garcia, hadn't Organizations: Service

☆ Taylor Swift's feud with Kim Kardashian has been reignited once again. Here's what you need to know.
▼ + stars: | 2024-04-24 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +17 min

Read previewPlenty of context is required to understand why Taylor Swift and Kim Kardashian are paired in new headlines this week — especially since, to the public's knowledge, they haven't interacted in years. It all started when Kardashian released clips of a phone call between Swift and Ye, without Swift's knowledge or permissionTaylor Swift, Kanye West, and Kim Kardashian at the 2015 Grammys. Kardashian's footage shows the rapper reading Swift the original line, "I feel like Taylor Swift might owe me sex," which she approvingly described as "obviously very tongue-in-cheek." Swift also liked a BuzzFeed headline that argues, "Everyone Owes Taylor Swift An Apology," among others, including a fan-made "Taylor told the truth mood board." AdvertisementIn 2024, Swift's song Thank You Aimee' reignited interest in her fued with KardashianTaylor Swift and Kim Kardashian.

Persons: —, Taylor Swift, Kim Kardashian, Swift, Aimee, aIMee, Kardashian, Kardashian's, Kanye West, Ye, Kanye, Larry Busacca, Pablo, Taylor, Beyoncé should've, Beyoncé, Tree Paine, KimExposedTaylorParty, egged, — Kim Kardashian, Rolling Stone, Kardashian Taylor Swift, Kevin Mazur, Dave J Hogan, Dimitrios Kambouris, WireImage, It's, I'm, you've, didn't, Nobody, Paine, Cassandra, Jeff Kravitz, Steve Granitz, FilmMagic Swift, KIM Organizations: Service, Department, Business, Swift, Guardian, Kanye, YouTube, WHO, World Health Organization, America, Poets Department

☆ A woman said her tattoos got her rejected for a job, but experts say personality is far more important
▼ + stars: | 2024-04-24 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

Experts say tattoos can impact hiring decisions, especially in customer-facing roles. Putnam, from California, said she went into the store to ask why she hadn't gotten the job, and the hiring manager told her she didn't have enough experience. The hiring manager also denied that her tattoos played any role in the rejection. AdvertisementAnother commenter, who said they used to be a hiring manager for the store, said: "I will tell you it's the facial piercings and tattoos." Ivy Johnson, for example, who also has many tattoos, said she had worked in corporate America as a hiring manager before starting up her apothecary business.

Persons: —, Ash Putnam, Maxx, Putnam, hadn't, Putnam wasn't, TikTok, Putnam's, Ivy Johnson, Johnson, Adam Collins, isn't, Michelle Enjoli, Enjoli, Justina Raskauskiene, Rachel Pelta, Pelta Organizations: T.J, Maxx, Service, Business, Pew Research, University of Miami, Daily Locations: California, America

☆ Will there be a 'Shogun' season 2? Here's what we know
▼ + stars: | 2024-04-23 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +4 min

When THR asked Marks to clarify whether his comments precluded a second season, he didn't immediately shut it down. AdvertisementBut Maria Gonzales, one of the show's editors, told ComicBook TV that the crew hadn't explicitly discussed a second season. AdvertisementOkay, so what could be the source material for a second season? At this point, it's impossible to tell where a second season would go. "Shōgun" season one is now available to stream in its entirety on Hulu.

Persons: —, Rachel Kondo, Justin Marks, James Clavell's, Hiroyuki Sanada, Lord Toranaga, shōgun, Tokugawa Ieyasu, John Blackthorne, Cosmo Jarvis, Toranaga, Toda Mariko, Anna Sawai, there's, Marks, didn't, It's, we'd, Maria Gonzales, ComicBook, Gonzales, I'm, Clavell, Gai, Jin, They're, what's Organizations: Service, Hollywood, FX, Town Locations: Edo, Japan, Tokugawa, Shōgun, Hong Kong, Hulu

☆ Vending machine founders get $1.5 million 'Shark Tank' offer—despite a business model Mark Cuban called 'a huge mistake'
▼ + stars: | 2024-04-23 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

Dan Braido, Audley Wilson and Andy Siegel are the co-founders of RoboBurger, which makes vending machines that dispense customized burgers — a concept they call "the future of fast food." Yet by the end of the episode, O'Leary teamed up with a guest judge, Fanatics CEO Michael Rubin, to offer the RoboBurger founders $1.5 million. Seeking $1.5 million despite no profitsThe trio of founders brought a vending machine for the judges to try. RoboBurger's vending machine on display on the set of ABC's "Shark Tank." At the time of filming, RoboBurger had been in "beta testing" for 18 months, with more than 12,000 burgers sold, the founders said.

Persons: Dan Braido, Audley Wilson, Andy Siegel, Kevin O'Leary, O'Leary, Michael Rubin, Rubin, Cuban, Christopher Willard, hadn't, Siegel, RoboBurger didn't, RoboBurger, Wilson Organizations: RoboBurger, Disney, Sharks Locations: Jersey City , New Jersey

☆ Early retail bulls chart Nvidia's transformation from gaming icon to AI superpower — a ride that's paid for cars, dream homes, and lavish vacations
▼ + stars: | 2024-04-23 | by ( Ana Altchek | Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Nvidia has been a cash cow for retail investors lucky enough to buy before the huge AI-fueled rally. Early retail investors told Business Insider their gains have paid for cars, vacations, and dream homes. The stock's steep climb — up over 1,500% since 2019 — has transformed the lives of some of Nvidia's long-term retail investors, resulting in comfier retirements, new cars, and gains worth millions for some. Nvidia shares tumbled by more than 30% in 2018. That sense of security that such a windfall provides was the top theme among the Nvidia investors Business Insider connected with.

Persons: —, I'm, ChatGPT, Tom, he'll, Danial hadn't, Danial, Roth, Jeff Roberts, Rick, He's, Chris Downs, Downs, he's Organizations: Nvidia, Business, Service, Vanda Research, Apple, Invest, Mexico City Locations: New Jersey, Texas, Costa Rica, Missouri, Bolivia, Paris, Mexico, Spain

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