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Read previewUpdate: After this article was published, Paramount Global confirmed to Business Insider that the company had sold VidCon to Informa. Paramount Global is selling its creator conference VidCon to the UK media and events company Informa, according to two people familiar with the matter. They spoke to Business Insider on the condition of anonymity as they were not allowed to discuss details around the deal. Adding VidCon, which centers on social-media stars rather than Hollywood and comic-book talent, could help broaden the fan base and advertiser roster of its events business. BI was unable to learn the terms of the VidCon deal between Paramount and Informa.

Persons: —, VidCon, Informa, YouTubers Hank, John Green, São Paulo, Green, lanyards, Phillips, Adweek, David Ellison's Organizations: Service, Paramount Global, Business, Toronto Comicon, Cannes Lions, Paramount, Viacom, SXSW, Disney, Media, BI Locations: Anaheim , California, Baltimore, Mexico City, Anaheim

☆ Death of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone
▼ + stars: | 2024-07-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.

Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, —, Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine

☆ VidCon 2024 showcased the internet's hottest stars you may never have heard of. Here are 7 top takeaways from the annual creator industry conference.
▼ + stars: | 2024-07-01 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +8 min

The names fans gushed over at this year's VidCon creator conference, held last week in Anaheim, California, weren't the influencers you might expect (or maybe I'm just getting old?) Here are seven top takeaways from VidCon 2024, from the reign of Minecraft streamers to the struggles of once-buzzy startups:Creator collective, Krew, meeting fans at VidCon. Fans of these Minecraft creators lined up outside the convention center each morning, often dressed in cosplay related to the creator's videos. Last year, creator startups made a huge splash at VidCon. Related storiesBut this year, traditional media companies replaced creator startups as sponsors.

Persons: —, Jessica Bravura, Bravura, Products Amjad Hanif, Patrick Stevenson, VidCon, Tara, Alpha, TikTok, Tara Yummy, Jake Webber, Johnnie Guilbert, Hank, John Green, Amanda Perelli, Instagram, Meta, Ray, Twitch, Alix Earle, Jake Shane, Braxton Berrios, Dave Benett Organizations: Service, YouTube, Business, Products, White, Leadership Summit, SXSW, Cannes Lions, Merrell Twins, Publish Press, Disney, Hyatt Regency, YouTube Gaming, Hyatt, Facebook, UTA, Riviera, Cannes Locations: Anaheim , California, Bravura, VidCon, Spotify's, Australia

But while the company's profile in the industry has stayed constant and swaggering, behind the curtain, its business has been increasingly troubled, 10 insiders told Business Insider. Creator economy professionals mingled beneath glowing jellyfish and coral light fixtures inside Jellysmack's creator lounge during VidCon 2023. "As a startup in the ever-evolving creator economy, we are constantly testing and adapting our business model," the Jellysmack spokesperson told BI in a statement. Advertisement"The world was falling apart with the pandemic, but early Jellysmack felt like a dream," the second former staffer told BI. BI viewed two Jellysmack contracts and an email exchange between Jellysmack and one of its creator clients to verify the practice.

Persons: —, SoftBank, lanyards, Jellymack, Jellysmack, YouTubers, Brad Mondo, Meta, Michael Philippe, Jellysmack cofounders Swann Maizil, Robin Sabban, Nathan Guetta, Condé Nast, Youri Hazanov, Sean Atkins, hasn't, Snapchat —, Amanda Perelli, JellyFi, deprioritize, that's, it's, Ollie Forsyth, They've Organizations: Service, Business, Facebook, influencers, BI, YouTube, Disney, Comcast, Keli, Big Tech, cryptocurrency, MTV, HBO, Copyright Capital, SoftBank, Productions, OKA Media, Network Media LLC, Crime, Star, Spotify, Crime Network Locations: VidCon, SoftBank

☆ I make up to $2,700 in tips a week as a server. Dropping out of college was the best thing I could've done.
▼ + stars: | 2024-04-03 | by ( Jenny Powers | ) www.businessinsider.com time to read: +6 min

Kyle Zajac, a 22-year-old server, earns thousands of tips weekly at an upscale steakhouse. Zajac dropped out of college to focus on a higher-paying server job and doesn't regret his choice. AdvertisementNow, I work as a server at an upscale steakhouse, and I bring home thousands in tips each week. During the year I worked there, I began applying for upscale server jobs. AdvertisementRecently, thanks to a convention, I took home $2,400 in tips in one week, and the week before I earned $1,800.

Persons: Kyle Zajac, Zajac, —, I've, I'd, I'm, they've Organizations: Service, US Department of Labor, Ford Locations: Indianapolis, Philippines, Europe

☆ ‘Corporate Erin’ and the social media talent making us laugh about our work
▼ + stars: | 2024-01-25 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —Erin Throlopolis is the Manager for the Managerial Logistics of Management for McManagement. Erin loves corporate speak so much, she has a book coming out to help the rest of us get in on the fun. “‘Corporate Natalie’ grew out of sheer 2020 peak-Covid boredom,” Marshall told CNN. Courtesy Cruz Corral“On Instagram the conversations are wild,” Cruz told CNN. Her “Nonprofit Boss” character is as triggering as Beasley’s “Corporate Erin.” (The pair even teamed up for a joint video.)

Persons: Erin Throlopolis, “, Erin ”, Lisa Beasley, Erin, It’s, ”, Natalie Marshall, “ ‘, Natalie ’, ” Marshall, Covid, Marshall, Cruz Coral, Cruz Corral, Cruz, ” Cruz, Nicole Daniels, Daniels Organizations: CNN, Managerial Logistics, Management, McManagement Locations: Chicago, America, Los Angeles, Brooklyn

☆ COP28: No-shows and walkouts as Israel-Hamas war looms over crucial climate talks
▼ + stars: | 2023-12-02 | by ( Angela Dewan | ) edition.cnn.com time to read: +7 min

CNN —Israeli President Isaac Herzog spent his day on Friday meeting with high-profile leaders at the COP28 climate talks in Dubai. Herzog was supposed to give an address that day calling for action on the climate crisis. The Israel-Hamas war is casting a shadow over the COP28 climate talks. The UK's King Charles III shakes hands with Israeli President Isaac Herzog at the COP28 climate talks in Dubai on December 1, 2023. The Middle East has long been wracked with conflict, but the climate crisis was one area that was helping repair old rifts.

Persons: Isaac Herzog, Herzog, King Charles III, Recep Tayyip Erdogan, Cyril Ramaphosa, Israel, Rishi Sunak, Israel “, ” Sunak, Iran doesn’t, It’s, Jordanian King Abdullah II, “, ”, Ulrich Eberle, Biden, ” Eberle, Joe Biden, —, Jordan, Ayman Safadi, Al, haven’t, Alden Meyer, ” Alden, “ It’s Organizations: CNN, United Arab, European Union, United Nations, Hamas, Presidential Press, Reuters, South, Israel, UN, Crisis, Gaza, “, UAE Locations: Dubai, Gaza, United Arab Emirates, Qatar, United Kingdom, India, Israel, Iran, China, Jordanian, SeanGallup, UAE, Palestinian, Al Jazeera, Ukraine

☆ Apple's nascent ad business faces more competition than ever, and it's set to launch a major charm offensive to get big advertisers to buy in
▼ + stars: | 2023-05-25 | by ( Lara O'Reilly | Claire Atkinson | ) www.businessinsider.com time to read: +4 min

Apple usually plays it so low-key at big industry events, you wouldn't even know the company had attended. It has rented a space at the top of the iconic Carlton hotel, situated on the busy Croisette promenade, according to multiple advertising industry sources. It's also planning a week of programming, with panel topics expected to include sports on Apple TV+, Apple News, apps, and the broadening Apple advertising offering, those sources said. All of which were "not necessarily a strong-point with Apple advertising in the past," Auzins said. Today, Apple's ad business largely consists of search ads sold within the App Store, which Insider Intelligence forecasts will generate $8.7 billion this year.

☆ Bloomberg insiders can't be sure if Mike Bloomberg will choose an internal successor because he 'believes in stability, and then change,' report says
▼ + stars: | 2023-04-20 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Sources told the FT that Bloomberg may decide to shun internal frontrunners and bring in an outsider. Bloomberg, who turned 81 in February, is worth nearly $95 billion, according to Forbes. "Only two people" run the company – Zammitt and Kliatchko – a former senior Bloomberg executive told the FT. He gave $1.7 billion to the organization last year, bringing his lifetime charitable donations to more than $14 billion, according to the site. Bloomberg didn't immediately respond to a request for comment from Insider made outside normal working hours.

☆ Hong Kong police keep tight tabs on first authorised protest in years
▼ + stars: | 2023-03-26 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +3 min

REUTERS/Tyrone SiuHONG KONG, March 26 (Reuters) - Hong Kong police on Sunday permitted a small protest march under tight restrictions in one of the first demonstrations to be approved since the enactment of a sweeping national security law in 2020. Participants chanted slogans against the reclamation project as they marched in the rain with banners in the eastern district of Tseung Kwan O, where the project is slated to be built. Police granted the organisers a "no objection" letter for the protest on the condition they ensure it would not violate national security laws, including seditious displays or speech. Organisers said up to 50 people took part in the first protest to be authorised by the city's police for several years. Since the China-imposed national security law, enacted in June 2020 in response to protracted pro-democracy protests in 2019, authorities have clamped down on freedoms and arrested scores of opposition politicians and activists.

☆ Hong Kong police keep tight tabs on first authorized protest in years
▼ + stars: | 2023-03-26 | by ( ) www.cnbc.com time to read: +3 min

Hong Kong police on Sunday permitted a small protest march under tight restrictions in one of the first demonstrations to be approved since the enactment of a sweeping national security law in 2020. "We need to have a more free-spirited protest culture," said James Ockenden, 49, who was marching with his three children. Police granted the organizers a "no objection" letter for the protest on the condition they ensure it would not violate national security laws, including seditious displays or speech. Organizers said up to 50 people took part in the first protest to be authorized by the city's police for several years. The last of Hong Kong's Covid restrictions was scrapped this year, following China's decision to end its "zero-Covid" policies.

REUTERS/Tingshu WangBEIJING, Jan 11 (Reuters) - Chinese state media defended on Wednesday the retaliatory measures against South Korea and Japan over their COVID-19 travel curbs as "reasonable", while Chinese tourists decried Seoul's "insulting" treatment on social media. South Korea, Japan, the United States and more than a dozen other countries imposed at the start of the year requirements for pre-departure negative test results from visitors from China. 'INSULTING'Chinese social media anger mainly targeted South Korea, whose border measures are the strictest among the countries that announced new rules. Global Times reserved a separate article for South Korea, saying the measures made Chinese people suspicious that Seoul was putting up a "political show." Annual spending by Chinese tourists abroad reached $250 billion before the pandemic, with South Korea and Japan among the top shopping destinations.

The holiday, known before the pandemic as the world's largest annual migration of people, comes amid an escalating diplomatic spat over COVID curbs that saw Beijing introduce transit curbs for South Korean and Japanese nationals on Wednesday. The virus is spreading unchecked in China after Beijing abruptly began dismantling its previously tight curbs in early December following historic protests. Among them, South Korea and Japan have also limited flights and require tests on arrival, with passengers showing up as positive being sent to quarantine. COUNTING DEATHSSome of the governments that announced curbs on travellers from China cited concerns over Beijing's data transparency. Annual spending by Chinese tourists abroad reached $250 billion before the pandemic, with South Korea and Japan among the top shopping destinations.

☆ You got the AirPods Pro for the holidays. Here are some of the coolest features you need to know about
▼ + stars: | 2022-12-26 | by ( Sofia Pitt | ) www.cnbc.com time to read: +5 min

Sofia PittIf you were received Apple 's new second-generation AirPods Pro as a holiday gift, you made out well. Here are some AirPods Pro tips and tricks to get you started. How to find your AirPods Pro if you lose themThere's a built-in speaker in the new AirPods Pro that plays a sound so you can locate them. Tap the name of your AirPods (mine say Sofia's AirPods Pro). Ways to charge your new AirPodsThe new AirPods Pro come with a MagSafe charging case.

The UK government has promised to overhaul the youth gender care system, after it was deemed inadequate by England’s regulator of health and social care. They described a deeply flawed system that is now hobbled by a toxic political climate around gender care. The letter said a decision would be made at some point from early 2022 on whether the child “is likely to meet the access criteria” for gender care. The family has received no NHS gender care or mental health support since the referral, she said. These recommended supporting “identity exploration” and mental health treatment as the first steps to ensure that any psychological issues are addressed.

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