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☆ 42-year-old spent $1,000 to launch her Amazon side hustle—now it brings in $33,000 a week
▼ + stars: | 2024-02-21 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Jenny Woo, 42, brought in more than $1.71 million in 2023 revenue by selling EQ card games on Amazon. She was working on her master's degree in education at Harvard University, learning about emotional intelligence and child development. Woo spent roughly $1,000 from her savings to launch her side hustle, Mind Brain Emotion, in 2018. A million-dollar ideaWhen budget cuts hit the school, Woo was laid off. A month before graduating from the Harvard program, Woo launched a Kickstarter campaign for the deck with a $1,500 goal.

Persons: Jenny Woo, Woo, —, it'd Organizations: Harvard University, Amazon, CNBC, University of California, Berkley, Cisco, Harvard, Harvard Innovation Labs Locations: Irvine, Southern California, Boston

☆ How Sam Altman's OpenAI drama highlighted the debate splitting Silicon Valley: Are you an e/acc or decel?
▼ + stars: | 2023-12-07 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewSam Altman's brief ousting as OpenAI CEO didn't just thrust the company further into the global spotlight amid reported personality clashes. It's also highlighted a bigger ethical debate in Silicon Valley: how fast companies should move when pushing out AI technology. Broadly speaking, the debate lies in whether you think that moving full-speed ahead on AI technology will save the world or you think the industry needs to slow down. One key Silicon Valley backer of the idea is veteran venture capitalist Marc Andreessen . His advice to Silicon Valley: "I would encourage any watchers of the industry to not get stuck in a divisive set of rhetoric."

Persons: —, Sam Altman's, didn't, It's, Altman, he's, you've, Marc Andreessen, Elon Musk, Peter Thiel, Sam Bankman, Helen Toner, Tasha McCauley, Toner, McCauley, Altman's, EAs —, Sriram Krishnan, Andreessen Horowitz, — Sriram Krishnan, Gaurab Bansal Organizations: Service, Business, acc, EA, Elon, Wall Street Journal, EAs, Labs, US Department of Commerce, Innovation Labs Locations: Silicon Valley, Silicon

☆ Ex-Meta staffers see booming business targeting online disinformation after two wars break out
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +15 min

Wagner left Facebook parent Meta last year, and her work in trust and safety feels like it was from a prior era. One of her first investments was in a startup called Cove, which was founded by former Meta trust and safety staffers. "One thing I would recommend is transparency at a time where third-party access and understanding to what is going on at scale on social platforms is what is needed." Post is an example of the kinds of companies that trust and safety startups are focused on. Fishman said customers are starting to see trust and safety tools as almost an extension of their cybersecurity budgets.

Persons: Joshua Bratt, Lauren Wagner, Wagner, Mandel Ngan, Roblox, Wagner's, Michael Dworsky, it's, Mason Silber, Donald Trump, Manu Aggarwal, Aggarwal, Abhijnan Dasgupta, Sara Ittelson, Ittelson, Cove's Dworsky, they'd, Alex Goldenberg, Noam Bardin, he's, Bardin, that's, Brian Fishman, Cinder, Fishman Organizations: Meta, Facebook, Hamas, Twitter, Radium Ventures, White, AFP, Getty, CNBC, Innovation Labs, Google, Apple, Republican, Everest Group, Accenture, Genpact, Big Tech, Tech, Venture, Accel, European, Digital Services, Defamation League, Network, Research, Rumble Locations: King's Cross, London, Israel, Washington ,, San Francisco, Russia, Ukraine, Georgia, Cinder, who's, ActiveFence

☆ This Harvard dropout and her brother launched a company to conserve liquids in factories
▼ + stars: | 2023-07-22 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +12 min

"As with every family business, everyone is involved in the family business," Annie told CNBC. We grew up in the sector," Annie told CNBC. Zoom In Icon Arrows pointing outwards Annie and David Lu at a Harvard Innovation Labs event, when they were still ideating. As part of this partnership, Unilever tested the H2Ok Innovations solution at its Ben & Jerry's facility in Waterbury, Vermont. "They are exceptionally smart, visionary and courageous — the kind of founders investors dream to back," Iskold told CNBC.

Persons: David, Annie Lu, Annie Lu Annie Lu, Lu, Lu's, hasn't, Annie, David's, David Lu, David Lu They, Sandeep Desai, Desai, Jeff Bussgang, Alex Iskold, doting, Iskold, Dayna Grayson, We've, David giggled, it's Organizations: Harvard, CNBC, H2Ok, Construct, Flybridge, Ventures, Greentown Labs, Forbes, H20k, Harvard Innovation Labs, Unilever, AB InBev, Coca Cola Co, Colgate, Palmolive, Waterbury, Unit, Flybridge Capital, Construct Capital Locations: China, Saskatoon, Canada, Bay, Techstars, Boston, Minnesota, Minneapolis, Waterbury , Vermont, U.S, Brazil, United States, H2Ok

☆ How companies should prepare for a possible US default
▼ + stars: | 2023-05-22 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

“Companies need to have a plan.”Figure out exposure to government fundsSome companies may not be immediately impacted by a default. White recommends companies in those industries, especially, hold regular meetings to figure out a plan in case payments are delayed. JPMorgan Chase CEO Jamie Dimon told Bloomberg earlier this month that the bank was holding weekly meetings to prepare for a possible default. But until then, companies “need to know, can we last until that point? Companies should also be as efficient as possible so they’re not spending more than they need to, she said.

☆ 8 of the most popular online businesses to start right now
▼ + stars: | 2023-03-16 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

Many online businesses are easy to start because they require low overhead and are simple to set up. Insider compiled a list of the most popular online businesses to start in 2023. Online businesses can be an accessible way to earn extra income since most have low overhead costs and are simple to run from home. Some people run their online businesses with as little as four hours a week, while others run full-time operations clocking 45 hours a week. Insider compiled a list of the most popular online businesses to start in 2023, based on our previous reporting.

☆ ChatGPT-maker OpenAI has hired tons of former Google and Meta employees, new data shows
▼ + stars: | 2023-02-22 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Last year, the company hired several Google staff to do "instrumental" work on ChatGPT. Data from LeadGenius and Punks & Pinstripes shows that a number of the company's 200-plus employees came from Alphabet, the parent company of Google and AI research lab DeepMind. OpenAI currently employs about 59 ex-Google employees and about 34 former Meta staff, according to the data. Data from Lead Genius and Punks & Pinstripes shows ex-Google staff make up a large portion of the company's staff. The Information previously reported that OpenAI hired several Google employees to do "instrumental" work on ChatGPT in the months leading up to its November launch.

☆ 7 of the most popular online businesses to start right now
▼ + stars: | 2023-02-10 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +2 min

☆ Here's why it's always a good time to start a business, despite inflation, layoffs, and a possible recession
▼ + stars: | 2023-02-09 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +4 min

That momentum is expected to continue in 2023, despite inflation, layoffs, and recession fears. Experts say that momentum could continue in 2023, despite inflation, layoffs, and fears of a possible recession. "We're in a period of a relatively strong economy," said Lawrence White, an economics professor at New York University. White expects to see a return of the service industries this year, from pent up demand during the pandemic. "It's usually easier to start a services business than to start a goods business," he said.

☆ Lowe's to sell power tools that won't work if they're stolen, as retailers take increasingly desperate measures to prevent theft
▼ + stars: | 2023-01-10 | by ( Ben Tobin | ) www.businessinsider.com time to read: +3 min

Lowe's is combining RFID and blockchain technologies to ensure stolen products are rendered inoperable. In other words, if a power tool is stolen from Lowe's, it isn't going to work. Additionally, Project Unlock focuses on transparent purchase records. In 2021, Home Depot began selling power tools that won't work unless they're properly scanned and activated at the register via Bluetooth technology. Lowe's didn't immediately respond to Insider's inquiries about when it plans a full rollout of Project Unlock.

☆ Amidst the layoffs at Amazon, the company's ultra-secretive research lab is at risk of being shut. It's a sign things are changing 'dramatically' at the company.
▼ + stars: | 2022-11-14 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

Early last month, members of Amazon's secretive in-house research lab, Grand Challenge, were called into an unexpected video meeting. Weibel announced 3 of the 5 projects Grand Challenge was working on would shut down, effective immediately. When other team employees wanted to collaborate with the team, they needed additional approvals from its leadership. Amazon Glow was among the Grand Challenge projects to be discontinued at the end of this year. Getting support promoting Grand Challenge projects was a challenge too.

☆ Technologies like virtual reality and robotics could reduce the energy industry's carbon footprint and advance workers' skill sets
▼ + stars: | 2022-08-11 | by ( Chris Daniels | ) www.businessinsider.com time to read: +6 min

Governments have also taken actions to reduce greenhouse-gas emissions from the oil-and-gas sector to meet their net-zero goals. "This has created a ripe opportunity for technology to play an even greater role in the energy sector." However, to realize the full value of technology investments, energy leaders will need to upgrade workers' skill sets and attract higher-skilled labor in areas like robotics, software engineering, and data analytics. 'Digital twins' optimize energy projectsOil-and-gas leaders are using virtual reality and augmented reality to create "digital twins" of current energy projects for training and simulation-based learning. A path to highly skilled job creationMortlock said these kinds of developments will help the energy sector combat market instability and stakeholder pressure to improve their carbon footprint.

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