DIRS.INFO The most relevant business & tech news

☆ U.S. men’s gymnastics medalist Fred Richard on how his sport can avoid falling back into post-Olympics obscurity
▼ + stars: | 2024-08-28 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +3 min

"I'm really passionate about changing the support around the sport," Richard told CNBC in an interview after the Olympics ended. That content hopefully is not only driving more eyeballs to the men's gymnastics, but participants as well. Men's gymnastics consistently lags in popularity behind women's at the collegiate level, where meets are regularly televised, and at the international level. There are only 12 Division I NCAA Men's Gymnastics programs, and more are at risk of cuts. "I don't think it's ever been a situation where that many people are watching men's gymnastics … and left feeling like it was worth it."

Persons: Frederick Richard, medaling, Richard, Kevin Harts, Dwayne, Simone Biles, women's Organizations: Paris Olympics, CNBC, University of Michigan, NBC, Paris Games, USA, AP, NCAA, NBC Olympics Locations: TikTok

☆ LVMH puts mark on Olympics as luxury brands embrace sports
▼ + stars: | 2024-08-11 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +2 min

The 2024 Paris Olympic Games medals are displayed inside a custom-designed trunk manufactured by Louis Vuitton, an LVMH brand partner of the Paris Olympic and Paralympic Games, during a gathering at LVMH in Paris on July 22, 2024, ahead of the start of the 2024 Paris Olympic Games. Whether it's the Moët champagne poured to celebrate a win or the custom trunks that Louis Vuitton has made for medal ceremonies, luxury has been on full display at the 2024 Paris Olympic and Paralympic Games. To Carly Duguid, the creative director for tennis and fashion star Naomi Osaka, luxury fashion and athletics are the perfect combination. Osaka was the first athlete to partner with Louis Vuitton, whose roster now includes Victor Wembanyama, Carlos Alcaraz, and many French Olympians and Paralympians. LVMH has looked to make a big splash beyond just athlete partnerships, becoming the first luxury brand to be an Olympic sponsor.

Persons: Louis Vuitton, Carly Duguid, Naomi Osaka, Duguid, Victor Wembanyama, Carlos Alcaraz, LVMH, Gucci, Jack Grealish, Jannik Skinner, Caitlin Clark, Prada, Celine, Loewe, Sephora, Dom Perignon Organizations: Olympic, Paris Olympic, Paralympic Games, CNBC, French Locations: LVMH, Paris, Osaka

☆ Many early-adopting EV owners around the world want to gas up again
▼ + stars: | 2024-07-25 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +6 min

Many U.S. EV owners, in particular, are having second thoughts. EV adoption has slowed in the U.S., even as the recent earnings and delivery reports from both GM and Ford showed sizable increases in EV sales. Ford said EV sales were up 60%, to nearly 24,000 units, but CEO Jim Farley described a "more realistic and sharpened" EV plan during its earnings call. Drury said that some distinctions are becoming clear between all EV owners and those who are most satisfied. As battery range and density increase, and EV charging infrastructure improves, and prices continue down, Brauer said the picture should brighten for EV sales.

Persons: Scott Olson, Ford, Jim Farley, Tesla, Mary Barra, Edmunds, EVs, Ivan Drury, it's, I'm, Drury, Karl Brauer, they're, Brauer, Barra Organizations: Getty, McKinsey, U.S, EV, GM, Ford, Gallup, CNBC, ICE Locations: Chicago , Illinois, ICEs, Australia, Brazil, China, Germany, Norway, France, Italy, South Korea, U.S, , California

☆ The Crowdstrike outage and global software's single-point failure problem
▼ + stars: | 2024-07-20 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +3 min

In this article CRWD Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe frequency of large-scale attacks on corporate enterprise IT is increasing. Earlier this year, AT&T had a nationwide outage attributed to a technical update. Selcuk Acar | Anadolu | Getty ImagesSingle-point failure risk management is an issue that companies need to plan for and protect against. Companies that the Chertoff Group works with are closely reviewing software development and update standards in the wake of the CrowdStrike outage. That's likely after the recent string of incidents, from AT&T to the FAA and CrowdStrike, since this type of technical failure has now been shown to impact the lives of citizens and operations of critical infrastructure on a widespread basis.

Persons: Chad Sweet, Selcuk, doesn't, Sweet, That's, Aneesh Chopra Organizations: Microsoft, FAA, Staff, Department of Homeland Security, CNBC, Anadolu, Getty, Companies, Chertoff, White House Locations: New York City, United States, Arcadia

☆ Record summer travel is starting. What it means for airline fares and flight delays
▼ + stars: | 2024-06-28 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +8 min

Mario Tama | Getty ImagesSummer air travel is expected to soar in the United States. Last summer, a record-breaking summer for airports, there were air traffic jams and near collisions amid challenges in flight coordination. Based on air traffic patterns and airport density, New York City and Florida are subject to the highest risk of backups. "There is still a shortage of air traffic controllers, but it hasn't led to the worst outcomes that we were expecting when we were talking about the shortage of air traffic control workers even a year ago." With production delays, airlines pay billions to fly less fuel-efficient and more costly and aged jets.

Persons: DAL AAL, Mario Tama, —, Ed Bastian, CNBC's, Robert Isom, Guy, Clint Henderson, Henderson, They've, hasn't Organizations: Los Angeles International Airport, Getty, Transportation Security Administration, TSA, Boeing, weren't, Delta Air, American, Federal Aviation Administration, Atmospheric Administration, Midwest, Goods, United Airlines, American Airlines, ATC, Independence, Customs, Flyers, FAA, Airbus, Labor, Southwest Airlines Locations: Los Angeles , California, United States, East Coast, U.S, New York City, Florida

☆ Figma CEO says it is 'eating cost' of AI upgrade for customers in 2024
▼ + stars: | 2024-06-27 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +2 min

As design firm Figma rolls out its first major AI upgrade for its platform, CEO and co-founder Dylan Field is taking no chances with customers amid steep AI adoption and demand curves and consumer hype. Figma is paying the cost of the AI upgrade for now instead of attempting to charge customers. "We're gonna eat the cost for 2024, because we don't know how people are going to use the features yet. Figma's UI3 redesign, released in limited beta on June 26 with a waitlist for additional users, includes a new toolbox called "Figma AI." 6 on this year's CNBC Disruptor 50 list, while Figma ranked No.

Persons: Dylan Field, CNBC's Deirdre Bosa, Canva, Figma, we're Organizations: Figma, Adobe, CNBC, Google

☆ Used EV price crash keeps getting deeper with 'premium' brand idea history
▼ + stars: | 2024-06-16 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +2 min

Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper as car buyers reject any "premium" tag formerly associated with EVs. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used gasoline-powered car in U.S. Over the past year, gasoline-powered used vehicle prices have declined between 3-7%, while electric vehicle prices have decreased 30-39%. There are many more vehicles in the used market than new car market, and used vehicle value does rapidly depreciate as a rule. As more EVs enter the used market at lower prices, the EV market does become available to a wider market of potential first-time EV owners.

Persons: Karl Brauer Organizations: iSeeCars, Tesla, BMW Locations: U.S

☆ 'Win-win-win': Three-day hybrid work week is a success, largest study to date published in Nature says
▼ + stars: | 2024-06-14 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +6 min

The three-day in-office hybrid work schedule is a "win-win-win," according to a study published in the prestigious science journal Nature. Non-manager attrition for hybrid employees had a 2.4% rate, a one-third reduction from the control group of 7.2%. When managers measured employees in nine categories of performance, execution and results, hybrid employees succeeded at the same rate. By the end of the experiment, managers positively viewed hybrid work as a potential asset to the company rather than a detriment to productivity. From an economic policymaking standpoint, hybrid work is one of the few instances where there aren't major trade-offs with clear winners and clear losers.

Persons: Nick Bloom, Bloom, Ruobing Han, James Liang, Trip.com, JPMorgan Chase, Jamie Dimon, Mark Zuckerberg Organizations: Stanford's Institute for Economic, Boeing, UPS, Nike, JPMorgan, University of Pittsburgh Locations: Shanghai, U.S

Search resuls for: "Kaya Ginsky"

8 mentions found