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☆ How Bloomberg Beta's James Cham finds the tech founders making a 'dent in the universe'
▼ + stars: | 2024-05-06 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

Cham ended up writing one of the first checks to Weights & Biases after he was convinced Biewald fulfilled his lofty criteria for backing founders. "I am looking for people who are trying to make a dent in the universe," Cham said. Instead of asking founders how they plan to make that dent, Cham prefers to spend lots of time observing them to see what makes them tick. Cham began making his own dent in the world after majoring in computer science at Harvard and becoming a consultant at Accenture. "The reality that the money that we make goes towards Bloomberg Philanthropies is something founders oftentimes find appealing," Cham said.

Persons: James Cham, Lukas Biewald, Cham, Biewald, Jeff Lawson, It's, Bloomberg Philanthropies, who've, James, Shreya Rajpal, who's, Rajpal Organizations: Bloomberg Beta, Business, Harvard, Accenture, Massachusetts Institute of Technology, Bessemer Venture Partners, Trinity Ventures, Bloomberg

☆ 'People didn't see it coming': What to know about this hot AI stock up nearly 800% in the past year
▼ + stars: | 2024-03-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Here's a breakdown of how Super Micro got to this point, and where investors and analysts expect it to go. What to know about Super Micro Computer Creating servers isn't a new objective for the California-based company. Other shareholders such as Vendig have opted to take a breather on buying shares until the next earnings call. Those headwinds may not hit until 2025 but could hurt the stock if Super Micro fails to differentiate itself. "Super Micro was in the right place at the right time when generative AI took off, there really wasn't a competitor," he said.

Persons: hasn't, Paul Meeks, Brian Vendig, we've, Shreya Gheewala, Matt Bryson, Sylvia Jablonski, Jablonski, Vendig, Wedbush's Bryson Organizations: Nvidia, Devices, Computer, Management, MJP Wealth, AMD, Intel, Wedbush Securities, Micro, Super Micro, Super Locations: California

☆ 33 Nonfiction Books to Read This Fall
▼ + stars: | 2023-09-04 | by ( Shreya Chattopadhyay | Miguel Salazar | ) www.nytimes.com time to read: 1 min

Making It So: A Memoir, by Patrick StewartStewart reflects on not only his years in the Royal Shakespeare Company and his famous “Star Trek” role as Picard (about which his feelings have changed), but also his working-class childhood in northern England, his changing relationship to family and even his love for nearly-burned toast. Now 83, the actor insists he has no intention of retiring from his lifelong calling: “Why would I stop?”Gallery, Oct. 3

Persons: Patrick Stewart Stewart, Picard Organizations: Royal Shakespeare Company Locations: England

☆ Illinois passes a law that requires parents to compensate child influencers
▼ + stars: | 2023-08-16 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +6 min

A family businessThis picture shows Illinois Senator Dave Koehler with teenager Shreya Nallamothu, who helped inspire new legislation protecting child influencers. Although children are predominantly featured in these monetized videos, parents have had no legal obligation to give them any portion of the earnings. “But we know with the explosion of social media that parents are using it to monetize kids being on videos. That California law required parents to set aside a portion of 15% of child earnings in a blocked trust account that the child actor could access after the age of 18. “Even though Illinois is the first state to pass such a law, this legislation is a long time coming,” Maddox said.

Persons: “, ”, influencers, ” Nallamothu, Dave Koehler, Pritzker, ” Koehler, Shreya Nallamothu, Jackie Coogan’s Law, Charlie Chaplin, swindled, Jessica Maddox —, —, ” Maddox, Maddox, ” Chris McCarty —, Washington State —, ” McCarty, “ I’m, it’s Organizations: CNN, Illinois Gov, Child Labor, The University of Alabama Locations: Normal , Illinois, Illinois, California, Washington, Washington State

☆ Philippine central bank on hold for rest of year, cut in early 2024
▼ + stars: | 2023-06-20 | by ( Veronica Dudei Maia Khongwir | ) www.reuters.com time to read: +2 min

All 24 economists polled June 13-19 forecast the BSP will hold its benchmark overnight borrowing rate (PHCBIR=ECI) at 6.25% at its policy meeting on June 22. A strong majority of respondents, 14 of 17, forecast rates will stay at 6.25% for the rest of the year with the remaining three predicting a rate cut by end-2023. The central bank, which had previously closely followed the U.S. Federal Reserve in hiking interest rates, is now charting a distinct course. "In later meetings if the Fed hikes, the BSP is likely to stay on hold. The Fed kept interest rates unchanged at 5.00%-5.25% last week but signaled it may still hike by as much as half of a percentage point by end-2023.

Persons: Eloisa Lopez, Felipe Medalla, Francisco Dakila Jr, Shreya, Veronica Dudei Maia Khongwir, Anant Chandak, Madhumita Gokhale, Hari Kishan, Ross Finley, Sharon Singleton Organizations: REUTERS, ng Pilipinas, U.S . Federal Reserve, Fed, Barclays, BSP, Thomson Locations: Makati City, Metro Manila, Philippines, BENGALURU, Philippine

Austin Johnson in August 2019 when his eyes and skin had turned yellow from liver disease caused by years of heavy drinking. Courtesy Austin JohnsonCirrhosis or severe liver disease used to be something that mostly struck people in middle age, or older. “We’re definitely seeing younger and younger patients coming in with what we previously thought was advanced liver disease seen in patients only in their middle age, 50s and 60s,” said Mellinger. Since 2018, Mellinger, and doctors at the Michigan Alcohol Improvement program provide psychiatrists and addiction specialists to patients with liver disease. The yellow color in his skin and eyes — a symptom of severe liver disease — has disappeared.

☆ Black creators say they ‘have to be perfect’ to get promotional products from brands. They want that to change.
▼ + stars: | 2022-12-27 | by ( Daysia Tolentino | Daysia Tolentino Is A Culture | Trends Reporter For Nbc News. | ) www.nbcnews.com time to read: +12 min

Black creators, like Bumba, have been vocal about how the lack of gifting to creators of color demonstrates the inequity in influencer marketing. Black creators say they still feel they have to work twice as hard as their white counterparts. Nimay Ndolo, a Black comedy creator with 1.9 million TikTok followers, said Black creators are often excluded from such opportunities, which limits their success. Black creators have to be “extraordinary” to get what white influencers appear to get with ease, Ndolo said. “I want to see, like, these creators that I’ve been watching — these Black creators, these queer creators, these Hispanic creators, these Asian creators — get more opportunities," she said.

☆ Scoop: Andreessen Horowitz beats out Benchmark and NEA to lead Series A funding round for Partiful, the 'Eventbrite for Gen Z'
▼ + stars: | 2022-11-08 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +3 min

Andreessen Horowitz beat out other firms to lead Partiful's series A round, according to sources. Neither the cofounders of Partiful nor Andreessen Horowitz responded to a request for comment. After an intense bidding war, Andreessen Horowitz beat out rival VC firms, including Benchmark and New Enterprise Associates, to lead Partiful's series A funding round, according to three people with knowledge of the financing who were not authorized to speak publicly. Andreessen Horowitz also did not respond to a request for comment. Venture investors, eager to find the next buzzy consumer app, have marveled at Partiful's growth.

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