DIRS.INFO The most relevant business & tech news

☆ White-Collar Recession: It's Hard to Find a High-Salary Job
▼ + stars: | 2024-04-30 | by ( Aki Ito | ) www.businessinsider.com time to read: +7 min

Over the past year or so, pretty much everyone who's looked for a job has told me the same thing: The job market is brutal right now. By all the standard measures, the job market is doing just fine. And what the numbers show is a two-tier job market — one divided between a blue-collar boom and a white-collar recession. Now, you could argue that a slowdown in white-collar hiring doesn't really matter in the current economy, even for white-collar workers. And the longer the white-collar hiring lull continues, he warns, the more the resentment will build.

Persons: who's, I've, you'd, it's, Mark Zuckerberg, Fiona Greig, doesn't, Emily Stewart, Guy Berger, Berger, there's, —, Aki Ito Organizations: Vanguard, Glass Institute, Business Locations: America

☆ The AI Apocalypse: Computer Algorithms Are Already in Control
▼ + stars: | 2024-04-02 | by ( Ed Zitron | ) www.businessinsider.com time to read: +12 min

But increasingly, the algorithms that undergird our digital lives are making questionable decisions that enrich the powerful and wreck the lives of average people. There's no reason to be scared of AI making decisions for you in the future — computers have already been doing so for quite some time. As human control diminished, the real-world consequences of these algorithms have piled up: Instagram's algorithm has been linked to a mental-health crisis in teenage girls. AdvertisementAcross the public and private sectors, we've handed the keys to a spiderweb of algorithms built with little public insight into how they make their decisions. While generative AI is just the newest extension of the algorithm, it poses a unique threat.

Persons: who's, They've, Matthew Gray, Sergey Brin, Larry Page, It's, Elon Musk, Cambridge Analytica, algorithmically, ProPublica, Quora, OpenAI's ChatGPT, you've, they'll, superintelligence, — simulacrums Organizations: Knight Capital, Companies, Yahoo, Stanford, Google, Spotify, Netflix, Revenue, Facebook, Twitter, Elon, European Union, Associated Press, Black, Microsoft, Eating Disorders Association Locations: Cambridge

☆ Germany's defense minister says NATO's 2% target is just the start: 'We'll probably need more'
▼ + stars: | 2024-02-17 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

watch nowGermany's defense minister said on Saturday that his country's commitment to spend 2% of GDP on defense was just the starting point and that more would likely be needed. Earlier in the day, German Chancellor Olaf Scholz insisted that the 2% spending target would be met "in the 2020s, in the 2030s and beyond." However, Boris Pistorius, Germany's federal minister of defense, stressed that spending 2% was always designed to be a minimum. This year, 18 of 31 NATO members are expected to reach the target — up from just three in 2014. Pistorius cited growing geopolitical tensions around the world, including in Europe, the Indo-Pacific and Africa, as the reason he expects defense spending to increase.

Persons: Olaf Scholz, Boris Pistorius, Pistorius, Donald Trump, Julia Nikhinson Organizations: CNBC, Munich Security, Afp, Getty, NATO Locations: Conway , South Carolina, Russia, Europe, Pacific, Africa

☆ My cancer diagnosis made me decide what kind of dad I want to be. At 62, I didn't want my young sons to see me as 'sick.'
▼ + stars: | 2024-02-05 | by ( Dan Koeppel | ) www.businessinsider.com time to read: +5 min

Or try something less invasive that would not "cure" my cancer but allow me to enjoy the summer with my two young kids? I'd first been diagnosed with Stage 3 bladder cancer in mid-2020. Bladder removal — the medical term is cystectomy, and about 25% of bladder cancer patients end up undergoing this procedure — means living with a "diversion," a kind of tube that routes urine out of your body. I didn't want to be the sick dad who couldn't show up to ball games and chorus concerts, who couldn't go on hikes or bike rides. As a journalist, I had no fear of calling up random doctors who were practicing a newer technique called "bladder preservation," even in complex cases of bladder cancer, as mine was, using combinations of drugs and surveillance.

Persons: I'd, we'd, they're, couldn't, didn't, You've, —, — we'll

☆ Russia is recruiting 30,000 new soldiers a month, enough to replace the ones thrown into the meat grinder in Ukraine, war analysts say
▼ + stars: | 2024-01-16 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Russia is recruiting 30,000 new soldiers a month, a top Ukrainian intelligence official said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia is recruiting 30,000 new soldiers a month to make up for the ones thrown into the meat grinder in Ukraine, a top Ukrainian intelligence official said this week. But as the war drags on, analysts have seen similar parallels in Russia's offensive along other parts of the front lines. AdvertisementIn addition to the war, Putin faces a growing threat from within Russia: the wives and mothers of soldiers who want their loved ones to come home.

Persons: —, Skibitskyi, Will Putin, — we'll, Putin Organizations: Service, RBC, Federal Security Service, Washington Post Locations: Russia, Ukrainian, Ukraine, Moscow

☆ The newly unsealed Jeffrey Epstein documents have Donald Trump's name all over them. He had been secretly disguised as 'Doe 174.'
▼ + stars: | 2024-01-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

AdvertisementAn exhaustive review of the documents by Business Insider points to one no-longer-anonymous Doe who checks all the boxes: Doe 174. The newly unsealed documents include new excerpts of deposition transcripts and other legal filings where Trump's name is now revealed. AdvertisementVictims talked about Trump as one of Epstein's friendsThe unsealed documents are not all damning for Trump. The three other unsealed documents are motions and letters from lawyers representing Epstein and Alan Dershowitz, where Trump is mentioned in passing. While three of the nine documents naming Doe 174 have not yet been fully unsealed, the public docket includes versions with some redactions.

Persons: Jeffrey Epstein, Donald Trump, —, Virginia Giuffre, Ghislaine Maxwell, Doe, Loretta Preska, Preska, Epstein, Maxwell, Trump, Eric, Bill Clinton, Prince Andrew, Johanna Sjoberg, Prince Andrew of groping, Sjoberg, massaging Trump, Jeffrey, we'll, — we'll, Alan Dershowitz, Mario Tama, Dershowitz, Sarah Ransome, Ransome, Ghislaine, Giuffre, Juan Alessi, Alessi, Judge Preska's Organizations: Trump, Service, US, Business, Mar, British, Atlantic City, York Locations: Virginia, Atlantic, Palm Beach, Epstein's Manhattan, Beach

☆ Costco is still holding out on raising its membership fees
▼ + stars: | 2023-09-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Costco still won't raise its annual membership fees, CFO Richard Galanti said Tuesday. Costco collected nearly $4.6 billion in fees for the past year, representing 72% of profits. Costco will not raise its annual membership fees, CFO Richard Galanti told analysts on the company's quarterly earnings call Tuesday. Because Costco sells merchandise at extremely low mark-ups, membership fees are a key way the company is able to turn a profit. Costco reported nearly $4.6 billion in revenue from membership fees last year, representing over 72% of the total annual profits of $6.3 billion.

Persons: Richard Galanti, —, Galanti Organizations: Costco, Service, Netflix, Star, BJ's Wholesale, Sam's

☆ Stagwell's Mark Penn explains why he's betting on AI, and what brands get wrong about supporting social issues
▼ + stars: | 2023-08-23 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +4 min

He said brands often botch supporting social issues because they lack a balanced worldview. Insider spoke with Penn about why he's betting on artificial intelligence, buying experiential marketing shops, and how brands should handle thorny social issues. Big brands like Bud Light and Target have been in the news after backlash for supporting social issues. How should brands handle supporting social issues? I don't think people are spending enough time or thinking about that as the fundamental change.

Persons: Mark Penn's Stagwell, —, Mark Penn's, Hillary Clinton, He's, Stagwell, Penn, Bud, We've, Johnny, latelys, — we'll Organizations: WPP, Publicis, Service, Democrat, Republican

☆ Ron DeSantis refuses to say what he'd do if one of his kids is gay or trans: 'We'll leave that between my wife and I'
▼ + stars: | 2023-08-16 | by ( Taylor Berman | ) www.businessinsider.com time to read: +2 min

Ron DeSantis refused to say how he would respond if one of his children is gay. DeSantis has fought to pass restrictions in Florida on how gender identity and other topics can be taught. But when asked by Time Magazine how he would respond if one of his three kids turned out to be gay or trans, he didn't have much to say. DeSantis' presidential campaign has been struggling, to put it mildly. As of today, according to FiveThirtyEight, DeSantis trails Trump by nearly 40 percentage points in major national polls.

Persons: Ron DeSantis, DeSantis, Molly Ball, he's, Time's Molly Ball, He's, Donald Trump, Chris Christie Organizations: Service, Disney, Time Magazine Locations: Florida, Wall, Silicon, New Hampshire, FiveThirtyEight, Trump

☆ Mexico replaced China as America's top trade buddy — and it shows how the global economy is rapidly transforming
▼ + stars: | 2023-07-12 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

Trade between the US and Mexico reached $263 billion during the first four months of this year. That pushed Mexico past China and Canada as the top trade partner since the start of the pandemic. China was the top partner for much of the 2010s and again at the start of the pandemic. Trade with Mexico accounted for 15.4% of all the goods exported and imported by the US, just ahead of America's trade totals with Canada (15.2%) and China (12.0%). Trucks carrying shipping containers line up as they are flagged for a secondary inspections at the Port of Manzanillo, Mexico.

Persons: Luis Torres, Donald Trump's, Torres, Nearshoring, Peter S, Goodman, Michael Burns, Salwan Georges, Shannon O'Neil's, Greg Rosalsky, O'Neil, Joe Biden, Antony Blinken, Xi Jinping, Janet Yellen, Xi, Yellen Organizations: Service, Federal Reserve Bank of, Canada, Dallas Fed, New York Times, Walmart, Murray Hill Group, Trucks, Washington, Getty, NPR Locations: Mexico, China, Canada, Wall, Silicon, Federal Reserve Bank of Dallas, Pacific, Port, Manzanillo, USA, United States

MediaNews Group | The Riverside Press-Enterprise via Getty ImagesOf the many acts that can get an Amazon merchant kicked off the site, few are as devastating as selling stolen goods. But suspended sellers, who spent years building their businesses on Amazon, told CNBC they had no idea they were selling stolen products. In an email to CNBC, Amazon said it's working with authorities and doesn't comment "on matters that are the subject of active law enforcement investigations." Tracing the stolen goods supply chainIn tracing the supply chain for suspended sellers, some patterns started to emerge. "Chances are stolen goods or similar ASINs/serial numbers are being bled in to every supply line," the employee wrote.

Persons: Levoit humidifiers, Frank —, Frank, Kenzo Sobrie, Dyson, blenders, they'd, Joe Quinlivan, Sellers, they've, Chris McCabe, Ricky Sala, what's, Sala, he'd, Tien Ngo, Ngo, Stride, Daniel Acker, ASINs, Armen Babayan, illicitly, Babayan, KZ, Juniper, couldn't, Cameron Webb, Kevin Cole, didn't, He's, Sobrie Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Retailers, LG, KZ International, California, Patrol, KZ, CHP, Amazon.com Inc, Amazon Robotics, Bloomberg, Oregon Prep Center, Facebook, FBI, Washington State Office, Ngo Wholesale Distributors, Ngo, Co, Wholesale, Los, Juniper Holdings, Telegram Locations: Eastvale , California, KZ's, Huntington Beach , California, Westborough , Massachusetts, Los Angeles, Miami, The Miami, New York, Washington, Santa Fe Springs, Los Angeles County, Garden Grove, Orange County, California, Huntington Beach, California , Florida, New Jersey

☆ The Baby Boomer Retirement Surge Will Spark a Forever Labor Shortage
▼ + stars: | 2023-05-15 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

We're entering what is shaping up to be the Forever Labor Shortage. So what does the Forever Labor Shortage mean for workers in the years ahead? But perhaps the biggest change prompted by the labor shortage won't be how employers hire — it will be who they hire. In the Forever Labor Shortage, all labor is going to be in demand. That means the Forever Labor Shortage will be more an ongoing battle than an enduring peace.

☆ We run a senior-living center and are building a tiny home village so dozens of our employees can afford to live where they work
▼ + stars: | 2023-03-16 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +7 min

Maggie and John Randolph are building affordable housing in their Southern New Hampshire community. Now, they are going beyond that and building affordable housing for the community. The cool thing is those tiny homes will allow us to go well beyond our staff needs — we'll be able to start to support the community. John and Maggie Randolph in front of one of their tiny homes. If we don't build affordable housing, we're going to lose a lot of high school graduates and college graduates.

☆ Instagram's top exec says paid blue-check verification could 'help small creators get a leg up,' as he defends Meta Verified
▼ + stars: | 2023-02-24 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +2 min

Meta is testing a monthly paid subscription called Meta Verified on Facebook and Instagram. Head of Instagram Adam Mosseri answered questions about the test and its impact on creators. Meta Verified, a paid subscription that grants users a blue check and streamlined customer service, is already stirring up controversy among creators. "And so we're just testing to see if it is compelling to small creators because we want to help small creators get a leg up." Here were the 3 main takeaways from Mosseri's answers to users' questions about Meta Verified:

☆ How technology helps a research-intensive medical school secure grants and attract top scientists
▼ + stars: | 2022-12-22 | by ( Sponsor Post | Created Ibm With Insider Studios | ) www.businessinsider.com time to read: +4 min

Meeting researchers' demanding data storage requirementsEinstein partners with IBM to help meet the NIH standards and manage these huge data sets. "A leading-edge infrastructure helps us attract top research talent," said Shailesh Shenov, assistant dean for Einstein Information Technology. IBM Spectrum Scale software features an auto-tiering feature that moves less frequently used data to IBM Tape, which only powers up when it is accessed. Furthermore, the tiering contributes to our sustainability initiatives because tape storage only consumes power during reads or writes." Because it deals with highly regulated healthcare data, Einstein added IBM Data Guardium Protection to automate compliance auditing and reporting and monitor user activity.

Cyber Monday is here, which means retailers big and small are offering their best sales of the year. During this busy shopping holiday season, most shoppers think to look for big-ticket items, but there are plenty of deals to score under $50. To help, we've gathered some of the best Cyber Monday deals under $50 that you can shop right now. Bookmark this page and check back often — we'll be updating it with more deals under $50 as long as the deals keep coming. For more ways to save, be sure to check out our Cyber Monday liveblog for the very best deals, no matter the price point.

Courtesy Roberto’s Taco Shop; LLC Courtesy Roberto’s Taco Shop; LLCMore than 70 variations have been reported across the Southwest states and the majority are owned by people who originate from the same region in Mexico that the Robledos are from. Courtesy Roberto’s Taco Shop; LLC"At first, that’s all they sold," said Reynaldo Robledo, 57, the 12th of the Robledo children. Courtesy Roberto’s Taco Shop; LLCThe restaurant initially had six combination plates and four burrito types. Outside a Roberto's Taco Shop in Nevada in 2014, when the family was in town for the gala celebration of Roberto’s 50th anniversary. Courtesy Roberto’s Taco Shop; LLCThe senior Robledo died in 1999 and Dolores died in 2020.

$999.99 from Target Originally $1,499.99 Save 33%Deal icon An icon in the shape of a lightning bolt. $14.99 from Target Originally $29.99 Save 50%The best Target tech dealsDeal icon An icon in the shape of a lightning bolt. $24.95 from Target Originally $49.95 Save 50%The best Target home dealsDeal icon An icon in the shape of a lightning bolt. $80.00 from Target Originally $100.00 Save 20%The best Target kitchen dealsDeal icon An icon in the shape of a lightning bolt. Target Cyber Monday 2022: What to expectDuring Cyber Monday, Target is offering deep discounts on toys, kitchen goods, vacuums, electronics, and gaming gear.

When you buy through our links, Insider may earn an affiliate commission. Black Friday deals are here, and that means retailers big and small are offering their best sales of the year. We've gathered some of the best Black Friday deals under $50 from retailers we trust like Amazon, Best Buy, Target, and Walmart. These products, including Roku streaming sticks and JBL wireless earbuds, are exceptionally discounted, making it a perfect time to buy them for gifts or for yourself. Bookmark this page and check back often — we'll be updating it with more excellent Black Friday deals under $50 as they go live.

☆ Google has a secretive project that could reduce the need for human engineers
▼ + stars: | 2022-11-23 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Today, we've got the details on Elon Musk walking back perks at Twitter, and news on a secretive project at Google. Google has a secretive new project that teaches code to write itself. In this case, the goal is to reduce the need for humans to write and update code, while maintaining code quality. It later moved into Google Labs — a transition that signaled its increased importance to leaders, with Google Labs pursuing long-term bets. Elon Musk put an end to some Twitter perks.

☆ Salesforce is facing a huge sales challenge to Marc Benioff's ambitious $50 billion revenue target, and Wall Street thinks a big acquisition could be just what the doctor ordered
▼ + stars: | 2022-09-23 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +3 min

Mirabaud analysts suggest buying a company like Box or Coupa could help Salesforce goose growth. To get there, analysts from Mirabaud suggested that an acquisition might be a smart way to goose growth towards Benioff's $50 billion revenue target. "We've bought 60 companies — we'll always buy companies," Benioff said at the event, as Bloomberg reported. "M&A has been key to headline growth for Salesforce and needed to mask slower organic growth trends," the analysts wrote. The biggest concern is that Salesforce's partners reported some trouble selling multiple products to the same customers, analysts say.

☆ A former World Series champion shares the simple daily habit that helped him become more resilient
▼ + stars: | 2021-02-12 | by ( Weng Cheong | ) www.businessinsider.com time to read: +5 min

Todd Stottlemyre is a former baseball player who won two World Series and now is a motivational speaker. Stottlemyre shared how he coped with the loss of his 11-year-old brother, who died of leukemia. In 1993, when he won the World Series championship, he hit his lowest point. Invest in a journalDuring his coaching sessions with Dorfman, Stottlemyre said he was encouraged to capture his thoughts through journaling. This not allowed him to be more mindful about his well-being, but Stottlemyre said it also helped his career development.

Search resuls for: "— we'll"

22 mentions found