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Every summer, my parents used to physically drag my little sister and me on long bike rides. Still, my dad once gave me a one-man standing ovation at a figure skating competition, even though I didn't land any jumps. When I go home for Christmas ever year, my family and I take walks, often back on the White Pine Trail. –Kamaron McNair, money reporterFrom my dad: "Don't get tattooed. –Ashley Turner, senior social media editorMy dad apparently used to sing this Hafez verse to my sisters and me.
Persons: Julia, Sauer, Megan Sauer, I'd, we've, – Kamaron McNair, Max, – Ashley Turner, Ataeiazar, he's, – Renée, Marisa Forziati Organizations: Disney, CNBC Locations: New York
Russian President Vladimir Putin lambasted the U.S. judicial system, saying it was being used by former U.S. leader Donald Trump's political enemies to pursue the Republican presidential nominee. "They [the U.S.] are burning themselves from the inside, their state, their political system," Putin told media editors at the St Petersburg International Economic Forum on Wednesday. Trump denied all the charges and slammed the court proceedings as a "rigged, disgraceful trial." Back in February, Putin said he preferred Biden to be the next U.S. president, describing him as a more experienced and more predictable" politician. On Wednesday, he told journalists that Biden was "an old-school politician" while playing down his support for Trump's campaign.
Persons: Vladimir Putin, Donald Trump's, Putin, Trump, Joe Biden, Biden, Mr Trump Organizations: U.S, Republican, St Petersburg, Economic, Reuters, CNBC, U.S . Department of Justice, New Locations: U.S, New York, Moscow, Russia
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
How TikTok Changed Us
  + stars: | 2024-04-19 | by ( Sapna Maheshwari | ) www.nytimes.com   time to read: +4 min
In the coming days, Congress may advance a bill to ban TikTok or force its sale to an American company. A few schools have removed bathroom mirrors because so many students were leaving class to film TikTok videos there. For 14 percent of American adults, TikTok is a regular news source, up from 3 percent in 2020. People who don’t have traditional backgrounds in journalism, akin to bloggers for the TikTok era, aggregate and share information in snappy videos. Organizations including The New York Times are also making short-form videos in which reporters talk to the camera about their stories, the TikTok way.
Persons: who’ve, It’s, , Brooks Barnes, Natasha Singer, Becky Hughes, TikTok, Taylor, mocktails, you’ve Organizations: Sony, Hollywood, The New York Times Locations: American, United States, Hollywood
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran's attack on Israel: OPEC+ isn't close to 'panic stage,' Argus Media editor saysNader Itayim, Mideast Gulf editor at Argus Media, says "so long as we don't see an impact on physical supply, I'd say we shouldn't expect much from OPEC+ even if prices do rise a little bit and we do get closer … to that $100 per barrel mark."
Persons: Nader Itayim Organizations: Argus Media Locations: Israel, Mideast, OPEC
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. ESPN, Warner Bros., and Fox announced plans this week for a new sports streaming service set to launch this fall . That could put an end to cable TV as we know it , Nathan McAlone, Business Insider's deputy media editor, writes. Ashley Rodriguez, BI's media editor, has a breakdown of the six biggest questions about this new sports streamer . Games on YouTubeTV, for example, are noticeably delayed compared to cable TV broadcasts .
Persons: , Katie Notopoulos, David Jensen, Nathan McAlone, it's, Ashley Rodriguez, Peter Kafka, BI's, Peter, Nathan, Ashley —, We've, Ashley, Fox, Rick Wilking, Reuters Leon Cooperman, Marc Rubinstein, Yi Huiman, Xi Jinping, Jordan Hart, It's, Justin Metz, Blackstone, Bob Iger, Donald Trump, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ESPN, Warner Bros, Fox, ESPN2, ABC, FOX, Peter : Media, Nathan, Warner Bros ., NFL, Cable, Comcast, Paramount, Reuters, Signature Bank, New York Community Bancorp, Securities, Commission, that's, Apple Vision, Microsoft, BI, of Foreign Labor, Apollo, KKR, Bain Capital, Disney, Epic Games, ConocoPhillips, US Locations: New, China, Beijing, New York, London
Liu got the librarian job after a government-led campaign to secure temporary work for graduates, which analysts describe as a short-term solution to preserve social stability in a slowing economy with little on offer for young Chinese. Such "welfare jobs," as they are known in China, include roles as receptionists, office administrators, security guards and community workers. Various government institutions offer such jobs every year, but they had usually drawn applications from disadvantaged groups, such as elderly or disabled people. But state media editorials have also encouraged young graduates to take lower skilled jobs. Reuters GraphicsThe total take-up of short-term jobs and internships remains unknown, but social media posts commenting on the selection process and discussing career options are frequent and analysts expect such roles will be in demand in a slowing economy.
Persons: Peter Liu, Liu, Wang Jun, joblessness, Mao Zedong, Chen, Graphics Liu, Kripa Jayaram, Ellen Zhang, Shri Navaratnam Organizations: Reuters, Human Resources, Social Security, Huatai Asset Management, Graphics, Beijing, Thomson Locations: BEIJING, HONG KONG, Beijing, Henan, China, Chongqing
NEW YORK (AP) — Jezebel, the sharp-edged feminist website founded at the height of blogosphere era, is shutting down after 16 years, its parent company announced Thursday. G/O Media said 23 staffers would be laid off, including Jezebel's team, as part of a restructuring to cope with economic headwinds and a difficult digital advertising environment. The New York-based company also announced the departure of G/O Media editorial director Merrill Brown. In a memo to the company, G/0 Media CEO Jim Spanfeller said he made the “very, very difficult decision to suspend publication of Jezebel” after an unsuccessful search for a buyer for the website. In 2019, Jezebel became part of the G/0 Media portfolio, which also includes Gizmodo, Quartz, the Onion and the Root.
Persons: Merrill Brown, Jim Spanfeller, Jezebel ”, Spanfeller, Anna Holmes, Jezebel, Jim Spanfeller’s, Laura Bassett, , Lauren Tousignant Organizations: O Media, Gawker Media, WGA, Media Locations: New York
Doxxing is the public release of sensitive information identifying an individual or organisation, like a home address or phone number. Some, like former state media editor Hu Xijin, have defended the measure as necessary in order to force influential accounts to use more responsible speech. Others, however, have expressed concerns that the measure would make doxxing easier and platforms would further remove online users' anonymity in the future. Weibo CEO Wang Gaofei said two weeks ago that the policy would not be expanded to include accounts with follower counts below 500,000. The new measures will remove the anonymity of thousands of influencers on social media platforms that are used daily by hundreds of millions of Chinese.
Persons: Dado Ruvic, Tik Tok, Hu Xijin, Wang Gaofei, Bytedance's Douyin, Eduardo Baptista, Ed Osmond, Emelia Organizations: REUTERS, Rights, Baidu, Thomson Locations: Rights BEIJING, Weibo, Douyin
Jessica ToonkelJessica Toonkel covers the biggest corporate developments in media, entertainment and tech. She joined The Wall Street Journal from the Information, where she broke many stories, including Amazon's acquisition of MGM and the New York Times' buyout of the Athletic as well as Disney's plans for an ad-supported streaming service. Prior to her four years at the Information, Jessica spent seven years at Reuters, where she consistently broke news on major deals, executive changes and strategic developments in media, tech and finance. Earlier in her career, she covered funds and investing for publications such as InvestmentNews, American Banker and Institutional Investor.
Persons: Jessica Toonkel Jessica Toonkel, Jessica Organizations: Wall, MGM, New York Times, Athletic, Reuters, Banker, Institutional Investor
Jacob Bunge — Reporter at The Wall Street Journal
  + stars: | 2023-08-19 | by ( Jacob Bunge | ) www.wsj.com   time to read: +1 min
Jacob BungeJacob Bunge is deputy bureau chief for the Wall Street Journal’s Chicago corporate news bureau, which covers agriculture, food companies, restaurants, manufacturing and airlines. Joining Dow Jones in 2008, he has also covered financial exchanges, electronic trading and monetary policy. Since 2001 Jacob has reported on business, ranging from restaurants to hedge funds and commodity markets. In 2016, he was part of a team that won a Gerald Loeb Award in the breaking news category for the Journal’s coverage of the Dow Chemical and DuPont merger. Jacob graduated from the University of Wisconsin-Madison with a bachelor's degree in journalism, and lives in suburban Chicago.
Persons: Jacob Bunge Jacob Bunge, Dow Jones, Jacob, Gerald Loeb, jacob.bunge Organizations: Dow Chemical, DuPont, Associated Press Media, Society for, New York Stock, University of Wisconsin, Twitter, LinkedIn Locations: Madison, Chicago
A Love Letter to Hip-Hop
  + stars: | 2023-08-05 | by ( Veronica Chambers | More About Veronica Chambers | ) www.nytimes.com   time to read: +1 min
This article is also a weekly newsletter. To celebrate hip-hop’s birthday, the Projects and Collaborations team asked Mahogany L. Browne, Lincoln Center’s first-ever poet-in-residence and an acclaimed author, to write a love letter to the genre, composed entirely of lyrics both oft recited and obscure. In the resulting interactive piece, which is full of stunning archival photography, we’ve annotated the lyrics with information about the artists, songs and their significance in the history of hip-hop. “Each of the audio clips represents a voice, a feeling, a moment in the 50-year evolution of the music. “From the start we knew the conceit was to use lyrics and this found poetry structure, but how does that look on the page?” Fang said.
Persons: Mahogany, Browne, Lincoln Center’s, Browne “, ” Marcelle Hopkins, Alice Fang, Antonio de Luca, ” Fang, Fang, de Luca
Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.
Persons: kevin roose I’m, casey newton, kevin roose, casey newton They’re, kevin roose Gang, casey newton Oh, let’s, Kevin Roose, ” casey newton, Casey Newton, , Casey, casey newton Mhmm, it’s, kevin roose I’d, you’re, you’ve, — casey newton, Sam Altman, casey newton Isn’t, that’s, Silly Putty, I’m, casey newton Well, Kevin, what’s, kevin roose Totally, casey newton I’ll, Unobtainium, James Cameron, You’ve, Meissner, we’re, There’s, they’re, casey newton Here’s, Twitch, kevin roose There’s, Iris_IGB, she’s, there’s, casey newton There’s, Russia she’s, I’ve, They’ve, hasn’t, ChatGPT, Claude, They’re, hydroxychloroquine, Joe Rogan, Bravo, “ Fortnite, casey newton That’s, we’ve, casey newton Kevin, India Venom, Lydia Tár, we’ll, don’t, casey newton Sure, , Joe Biden, casey newton I’m, casey newton Mike Masnick, he’s, Mike, — casey newton Look, who’d, It’s, HatGPT, kevin roose —, casey newton We’re, Rupert Murdaugh, Beast, James Donaldson, Jimmy Donaldson, a.k.a, Beast — casey newton James, Uber, Beast Burger, Burger, We’re, Meta, Abraham Lincoln, Facebook — Abraham Lincoln, casey newton It’s, kevin roose Oh, Abraham —, roose, casey newton Greg Rutkowski, Greg Rutkowski, Greg Rutkowski’s, Greg, You’re, casey newton Wow, Elon Musk, San Francisco NIMBYs, Don’t, kevin roose It’s, you’re Uber Organizations: Mmm, casey newton Mmm, The New York Times, Quantum Energy Research Center, collider, Twitter, Capitol, Federal Trade Commission, Netflix, Heritage Foundation, Republican, Democrats, Republicans, California, Tax, Facebook, YouTube, HatGPT, BBC, WordPress, Health Department, Financial Times, Ford Theater, ” Workers, San, Wall Street Locations: Seoul, Russian, Russia, India, KOSA, SESTA, The, Kashmir, tooting, Washington, San Francisco, Ha, Canada
Elon Musk's Boring Company launched a $100 perfume called "Burnt Hair" in October. Last October, he added "perfume salesman" to his list when he began selling a scent called "Burnt Hair" to the world. The unisex fragrance is sold through The Boring Company, where it was originally listed for $100. Upon sniffing Burnt Hair directly from the bottle he concluded that it actually smelled better than most perfumes. "It's pretty gross…It does smell like burnt hair."
Persons: Elon, Elon Musk, Musk, it's, Boring, Madeline Renbarger, Nathan McAlone, Darius Rafieyan, Rafieyan, Taylor Rains, Meghan Morris, Maddie Berg, who'd, Brad Davis, Tim Levin Organizations: Elon Musk's Boring Company, SpaceX, The, Company, Twitter, The Boring Company, eBay, Boring Company, Boring, Aviation, Transportation Locations: Colorado
The Furbo 360° Dog Camera is down to $145 on Amazon, which is a great deal that we don't usually see outside of the holidays. This is also a rare price, as the camera usually retails for $210. The Furbo 360° Dog Camera is similar to the original Furbo camera we've reviewed, but that one lacks a camera that rotates a full 360 degrees. The Furbo 360° Dog Camera is compatible with Furbo Dog Nanny, which is a subscription service offering additional features to maximize your experience. The Furbo 360° Dog Camera is a great price on Prime DayHere's why you should buy the Furbo 360° Dog Camera over the originalThe Furbo 360° Dog Camera takes the best functions of the Furbo Dog Camera and makes them better.
Persons: Ashley Rodriguez, it's, Rodriguez Organizations: Amazon Prime
Bloomberg has laid off a handful in the newsroom as it shifts resources around in the organization. Bloomberg has done a rare layoff of a handful of people in its newsroom of 2,700, as it shifts resources around in the organization. In audio, Bloomberg shuttered its afternoon Boston radio program in June and replaced it with its Bloomberg Businessweek show. But Bloomberg Media is protected by its ownership by Michael Bloomberg's much larger financial information giant Bloomberg LP, whose key product, the Bloomberg Terminal, is widely used on Wall Street. Bloomberg Media CEO Scott Havens said the company grew revenue 16% in 2022, marking its 10th quarter of advertising growth.
Persons: David Merritt, Julie Alnwick McHale, Luke Morano, I've, Kim Carrigan, Tom Moroney, Joe Shortsleeve, Anthony Mancini, Michael Bloomberg's, Scott Havens, John Micklethwait Organizations: Bloomberg, Bloomberg Media Editorial, Boston, Bloomberg Businessweek, Boston Globe, Media, Bloomberg Media Locations: downturns
Economists expect such examples to become increasingly common in coming years, as a glut of university graduates and a shortage of factory labour due to an ageing workforce deepen China's job market imbalances. The industries most popular among fresh Chinese graduates, such as tech, education, real estate and finance, have all faced regulatory crackdowns in recent years. Reuters Graphics'ROLL UP YOUR SLEEVES'It is unclear exactly how many graduates are taking jobs below their skill level, but state media has acknowledged the trend. President Xi Jinping repeatedly exhorted young people to "seek hardships" in a recent state media article emphasising his suffering during the Cultural Revolution. China's education and human resources ministries did not immediately respond to requests for comment.
Persons: Thomas Peter, Liang Huaxiao, Liang, Keyu Jin, Xi Jinping, today's, Chim Lee, Jobs, Han Zhaoxue, master's, Wang, Laurie Chen, Marius Zaharia Organizations: REUTERS, Economist Intelligence Unit, Thomson Locations: Beijing, China, BEIJING, Taiyuan, Shanghai, Jining
Jack Clark was a Bloomberg tech journalist in 2015 when he came across OpenAI for the first time. He was so inspired that he quit his job and dove into the world of AI, later cofounding Anthropic. Now, he writes Import AI, a weekly AI-focused newsletter that reaches over 34,000 subscribers. A "weird" newsletterA weekly newsletter, Import AI features detailed analyses on AI research papers, Clark's thoughts on current events, and AI-focused short fiction stories. He estimates that he's read around 4,000 research papers while writing Import AI — and more importantly, he jokes, spent over $6,000 in lattes due to his persistent habit of drinking multiple caffeinated beverages while writing each week.
Black Friday and Cyber Monday are two of the busiest shopping events of the year. Some of our staff purchased tried and true favorites that needed replacing, like beloved Lululemon running sneakers or perfume. I bought the Kalorik MAXX 10-in-1 because I have a large household and its 26-quart capacity can cook an entire rotisserie chicken. They’re lightweight yet supportive, and great for running outdoors or on the treadmill.” — Zoe Malin, associate updates editor“My brother and I bought this iPad for my mother's Christmas present. It also comes with a dishwasher-safe scraping tool for easy clean-up, says Cuisinart” — Mili Godio, associate reporter“I bought this cute toiletry bag that looks roomy.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancial Times' Alex Barker on Bob Chapek's shocking exit as Disney CEOAlex Barker, Global Media Editor for the Financial Times, joins Worldwide Exchange to discuss former Disney CEO Bob Iger's return to the company following Bob Chapek's exit.
This story is part of Select's New & Notable column, where we highlight our favorite product launches, major sales, what we're buying and some of our latest recommendations and advice. While other larger brands, such as Gap, Adidas and Madewell, have partnered with resale platform ThredUp, Shein opted to launch their own platform. Urban Outfitters launched the clothing resale app Nuuly Thrift in 2021, where customers can sell their used Urban Outfitters clothes via an iOS app. Nuuly users can deposit their earnings into their bank account or earn “Nuuly Cash” which is worth 10% more at Nuuly Thrift, Anthropologie, Free People, Urban Outfitters, BHLDN or Terrain. Wellness tech company Oura, the creator behind the health tracking Oura ring, announced a partnership with Therabody, creator behind the popular Theragun massager.
The Times' news division has also expanded by hundreds in recent years and now employs about 1,700 journalists. The public data show how much the media company offered to pay foreign staffers it sought to hire in the US for jobs including editorial, data, engineering, and business-side positions. Editorial and some business employees at the Times are unionized, setting salary ranges for some positions at the company. Based on the data, the Times offered from late 2019 through the middle of 2022 annual base salaries ranging from $53,392 to $306,000 for various roles. In cases where the company submitted multiple applications for a particular job, such as a software engineer, we included the range of those wage rates.
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Xavier Lorenzo/Getty ImagesHere's what: Biden's student-loan forgiveness plan was more generous than expectedOn August 24, President Biden announced his long-awaited plan for student-loan forgiveness: Individual borrowers earning less than $125,000 would receive $10,000 of forgiveness, and students who received Pell Grants (i.e. low-income students demonstrating financial need) would receive an additional $10,000 for a total of up to $20,000 in forgiveness. "Broad student-loan forgiveness can change the course of my life, and many people's lives. Loan forgiveness is an investment in everyday people whose debt has held them back. Private student loans don't qualify for forgiveness; 3 alternatives to consider if your debt is ineligibleYou can't get forgiveness with private student loans, unlike with their federal counterparts.
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