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☆ Here's the pitch deck Footprint, a startup helping Wall Street verify customer identities, used to raise $13 million from VCs like QED and Index Ventures
▼ + stars: | 2024-05-21 | by ( Bianca Chan | ) www.businessinsider.com time to read: +1 min

Footprint is a startup that helps financial firms onboard customers and verify their identities. It raised $13 million in a Series A, announced today, that was led by QED Investors. Here's the pitch deck and 5-page memo that Footprint used to win over investors. AdvertisementA startup looking to be Wall Street's one-stop shop for onboarding new customers just raised $13 million. The round was led by QED Investors, and included investment from Index Ventures and Palm Tree Capital, among others.

Persons: —, Eli Wachs Organizations: QED Investors, Service, Business, Index Ventures, Tree

☆ Freetrade, Britain's answer to Robinhood, says its CEO is stepping down
▼ + stars: | 2024-05-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

s LONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving the company with immediate effect, the company told CNBC exclusively Monday. Dodds remains the largest individual shareholder in Freetrade, owning a roughly 12% stake, according to company filings. Freetrade is default alive and ready to take on the incumbent platforms in the UK with self-sustaining growth," Dodds said. Dodds added: "I'm very happy to say Viktor will be stepping up to take over the helm as CEO. Nebehaj, Freetrade's incoming CEO, applauded Dodds' eight-year run as CEO and said that "it's natural that different stages of a company's growth require different leaders."

Persons: Adam Dodds, Davide Fioranell, Viktor Nebehaj, Nebehaj, Dodds, he'll, Rafael Henrique, " Dodds, Viktor, Perry Blacher, Freetrade, it's Organizations: CNBC, GameStop Locations: Freetrade, U.S

☆ Shock Miss USA resignations are just the tip of the iceberg, insiders say
▼ + stars: | 2024-05-11 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +11 min

“We respect and support Noelia’s decision to step down from her duties,” the Miss USA pageant said in a statement following Voigt’s announcement. “No woman has ever resigned as Miss USA or as Miss Teen USA, and she’s lost both of them in 48 hours,” he said. And according to Engelhardt, they were far from the only members of the Miss USA organization to depart. Savannah Gankiewicz, who as Miss Hawaii placed as first runner-up during the 2023 Miss USA pageant, will take over as Miss USA following Voigt's resignation. Kyle Terada/USA Today Sports/ReutersOn May 9, the Miss USA pageant announced that Savannah Gankiewicz, Miss Hawaii USA 2023 and first-runner up to Voigt at the 2023 Miss USA pageant, would be taking over the national title and its responsibilities.

Persons: Noelia Voigt, UmaSofia Srivastava, Srivastava, Voigt, “, ”, Ashlee McKey, Alexis Loomans, Rachelle di Stasio —, ” Srivastava, Denise White, Craig Barritt, Laylah Rose, slandering, ” Rose, Tom Williams, Rose, ’ Voigt, White, I’ve, ” White, “ It’s, It’s, Chance Yeh, Thom Brodeur, she’s, Brodeur, Miss, Claudia Engelhardt, Engelhardt, ” Engelhardt, Crystle Stewart, Rob Kim, Weeks, Savannah Gankiewicz, Kyle Terada, Gankiewicz, Shanna Moakler, Cindy Provost, Debbie Miller, — Engelhardt Organizations: CNN, Miss USA, Miss Teen, Miss Teen USA, Utah, Miss North Carolina USA, Miss New York, USA, ”, Inc, Miss, Miss Universe Organization, Miss Hawaii, Sports, Reuters, Savannah Miss, Voigt’s, Miss Utah USA, Srivastava’s, Miss New Jersey Teen USA Locations: New Jersey, Miss Wisconsin, New York, Sarasota , Florida, Miss Utah, Miss USA, Los Angeles, Utah, ”, USA, Savannah, Miss Hawaii USA, Savannah Miss USA

(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. A closely watched electric vehicle maker and a cloud software company were among the talked stocks by analysts on Tuesday. "We move to Sell given the increased lack of visibility around an inflection in the aforementioned trends," said analyst Kash Rangan. – Samantha Subin 6:19 a.m.: Wall Street reacts to Reddit's first earnings print as a public company Reddit's first earnings report since hitting the public markets in March is garnering some mixed responses from Wall Street analysts. "Its limited production and commercial history leaves much to be seen," he wrote "Rivian must prove it can acquire the customer base, while maintaining low advertising costs."

Persons: there's, Baird, Goldman Sachs, Kash Rangan, Rangan, – Samantha Subin, Mark Shmulik, Reddit, Doug Anmuth, Bank of America's Justin Post, Citi's Ronald Josey, Samantha Subin, Mark Delaney, Rivian, Dan Levy, RIVN, Wells Fargo's Colin Langan, Langan, Datadog Baird, Amit Agarwal, Will Power, DDOG, Power, Fred Imbert Organizations: CNBC, ZoomInfo Technologies, Wall Street, Google, Bank of America's, Barclays, Datadog, Cisco Locations: Rivian, Datadog

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ Workday Has Become the Most-Hated Workplace, Business Software
▼ + stars: | 2024-05-06 | by ( Matt Alston | ) www.businessinsider.com time to read: +13 min

Every HR professional and hiring manager I spoke with — whose lives are supposedly made easier by Workday — described Workday with a sense of cosmic exasperation. "Workday does not have oversight or control of our customers' job application processes.") If candidates hate Workday, if employees hate Workday, if HR people and managers processing and assessing those candidates and employees through Workday hate Workday — if Workday is the most annoying part of so many workers' workdays — how is Workday everywhere? (Workday's "customers choose the frequency at which they conduct reviews, not Workday," said the spokesperson.) "HR software sucking" is a big tent.

Persons: you'd, Workday's, —, David Duffield, Teladoc, UKG, Cory Doctorow, It's, He'd, Matt Alston's, Stone Organizations: Fortune, Netflix, Goodwill, Spotify, Washington Post, Ohio State University, FedEx, Nintendo, Honda, LinkedIn, IBM, Oracle, Bank of America, Automation, Rippling, Systems, Facebook, Wired Locations: San Francisco, Amazon's, It's, Bonusly, Maine

☆ Live Updates: The April Jobs Report
▼ + stars: | 2024-05-03 | by ( Lydia Depillis | ) www.nytimes.com time to read: +2 min

PinnedIt’s been a hot spring for the American labor market, and while the summer forecast is milder, it’s not clear when the cool-down will begin. The last three months have seen an upswing in job creation, bending what had been a bumpy but definite downtrend since the post-pandemic resurgence. Does that mean the labor market is taking off again without ever having touched down? Workers are quitting their jobs at even lower rates than they were in 2019. “You don’t have that cost of onboarding and starting over again if you can hold on to them.”

Persons: It’s, ”, Stephen Brown, Belinda Román, “ Organizations: Labor Department, North, Capital Economics, Institute for Supply Management, National Federation of Independent, Workers, St, Mary’s University Locations: North America, San Antonio

☆ AI engineers report burnout, rushed rollouts as 'rat race' to stay competitive hits tech industry
▼ + stars: | 2024-05-03 | by ( Hayden Field | ) www.cnbc.com time to read: +16 min

The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. watch nowThis is the dark underbelly of the generative AI gold rush. Last year marked the beginning of the generative AI boom, following the debut of OpenAI's ChatGPT near the end of 2022. Justin Sullivan | Getty ImagesAn AI engineer at Microsoft said the company is engaged in an "AI rat race." The Microsoft AI engineer said a lot of tasks are about "trying to create AI hype" with no practical use.

Persons: Sebastien Bozon, Jensen Huang, Tech's, Amy Hood, Mark Zuckerberg, Zuckerberg, Andy Jassy, Jassy, they're, Eric Gu, “, Gu, Satya Nadella, Sam Altman, Justin Sullivan, there's, Morry, Kolman, doesn't, Sundar Pichai, Bard, There's, That's, beholden, Ayodele Odubela, ", it’s, Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, Odubela, Gemini Organizations: Google, Apple, Facebook, Microsoft, AFP, Getty, Amazon, CNBC, Big Tech, Nvidia, Google . Engineers, Tech, Vision, Cloud Next, Web, Amazon Web Locations: Mulhouse, France, East Coast, Seattle, ChatGPT, San Francisco, Vegas, Las Vegas, German

☆ After Meta’s ‘year of efficiency,’ industry leaders root for year of innovation
▼ + stars: | 2024-05-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +5 min

With many companies maintaining the "efficiency" mindset, and hiring for tech jobs remaining low, according to the iCIMS Insights April 2024 Workforce Report, innovation is at risk. Madan says companies tend to act based on fear of missing out, but this behavior can stall technological innovation. This process can be messy, which is why experts say any conversation centered around efficiency must also include innovation. Digital transformation is a core pillar of business strategy for 84% of technology and business leaders, according to the TEKsystems report. On the innovation front, he added, "The best organizations are the ones that synthesize human input with AI collaboration."

Persons: It's, Mark Zuckerberg, Ricardo Madan, they've, Zuckerberg, Madan, Chris Duffey, Duffey, Duffy Organizations: Meta, IBM, Tech, Adobe, Google, Bureau of Labor Statistics Locations: Menlo Park, Meta, California, TEKsystems, U.S

☆ Morgan Stanley's new wealth boss Jed Finn shares his playbook from playing matchmaker with E-Trade clients to getting advisors to teach each other how to use AI
▼ + stars: | 2024-05-01 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +9 min

AdvertisementThe units are combining their outsourced investment services for ultra-high-net-worth wealth clients and institutional customers. The wealth management arm is there to help them pay less taxes on their windfall and manage their fortune. That said, Morgan Stanley has drawn the line in the past at some offerings like health savings accounts. AdvertisementFor Finn, those offerings are a means to an end: converting as many of these clients as possible to become fee-paying wealth management clients. The revenue and margins of the workplace channel and E-Trade, which Morgan Stanley acquired for $13 billion in 2020, are "irrelevant," he said.

Persons: —, Morgan, Jed Finn doesn't, Finn, Andy Saperstein, James Gorman's, Saperstein, Jacques Chappuis, Ben Huneke, Andy Saperstein's, Larry Lettera, Wagner, multibillion, Morgan Stanley, Finn isn't, We're, Jeff McMillan Organizations: Service, McKinsey, bank's, Business, Wall Street, Solium, OpenAI, AIMS

☆ This AI startup that helps stores catch shoplifters just bagged $1.5 million in pre-seed funding without using a pitch deck
▼ + stars: | 2024-04-22 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

MokSa.ai uses general-use models and customizes them to detect suspicious activity at store locations. The company also pays college interns in India to watch footage for suspicious activity and annotate it — a process called data labeling. The dashboard shows reports of suspicious activity at a glance. MokSa.aiThe Android of the surveillance marketBefore MokSa.ai, Kolli worked as a quality manager at a company producing parts for high-speed rails. While these two tout their abilities to detect suspicious activity and send alerts, they both require customers to use their cameras and sensors.

Persons: —, Nikhil Teja Kolli, Kolli, Jay Farner, MokSa.ai, MokSa.ai Kolli, Shruti Gandhi, Gandhi, It's Organizations: Service, Business, Array Ventures, Quicken Loans, The Fund, Ventures, Royal Ozarks Locations: Kansas, India, Detroit

☆ I was too afraid to tell my boss 'no.' My burnout was so bad that one day I left the office on a stretcher.
▼ + stars: | 2024-04-21 | by ( Teresa Vozza | ) www.businessinsider.com time to read: +5 min

I tried to repeat the boundary script I read in a Forbes article the previous day. When I left the room, I obsessed over everything I said, questioning whether I sounded stupid or not. Even though both childhood trauma and burnout symptoms often overlap, the solution differs. Most traditional burnout recovery approaches overfocus on external solutions — like physical exercise or an adequate rest and sleep schedule. If I feel triggered at work, I quietly tell myself that freezing or complying helped younger Teresa survive scary events.

Persons: —, Teresa, Teresa — Organizations: Service, Forbes, Business, Human Resources, Starbucks, Family Systems

☆ Oasis launches a campaign at Kao Corp, but this battle is likely to be a difficult one
▼ + stars: | 2024-04-20 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Activist Commentary: Oasis Management is a global hedge fund management firm headquartered in Hong Kong with additional offices in Tokyo, Austin and the Cayman Islands. The hygiene and living care segment provides fabric, kitchen, home, sanitary and pet care products. Kao Corp is a global fast-moving consumer goods company with a diversified portfolio of products spanning from hair and skin care to cosmetics and chemicals. Oasis has proven to be a value-creating activist in many situations and would likely be a valuable board member here, but this is not a typical Oasis activist campaign. On the contrary, the day after Oasis launched its campaign, Kao stated that the firm lacked sufficient understanding of its portfolio management and restructuring plans.

Persons: Seth Fischer, Molton Brown, Kao, Kao's ROE, Beiersdorf, Aoki, Tsuruha, Oasis, ROE, Ken Squire Organizations: Oasis Management, Oasis, Business, Kao Corp, Tokyo Stock Exchange, onboarding, Kao, 13D Locations: Hong Kong, Tokyo, Austin, Cayman Islands, Asia, Europe, Japan

☆ This is the No. 1 etiquette skill people are eager to learn the workplace
▼ + stars: | 2024-04-19 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

One of the most in-demand skills people want to learn in the workplace is also pretty straightforward: effective communication. Communication and etiquette topics are some of the most common courses being accessed in the TalentLibrary from Epignosis, a software learning company, according to internal data. The demand for learning "is about adapting to changes in the workplace," she says. Gialelli says her company's "email etiquette" course covers how to communicate effectively by making sure "the email includes very clearly the topic you're trying to cover, action items and next steps." Overall, Gialleli says businesses can help new employees learn the rules of communication and etiquette around the workplace by providing them with mentorship early on.

Persons: it's, Christina Gialleli, Gialelli, Gialleli Organizations: CNBC Locations: Epignosis, Babbel

☆ Morgan Stanley delivers a much-needed rebound quarter and eases concerns about a key overhang
▼ + stars: | 2024-04-16 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Morgan Stanley delivered mostly better-than-expected first-quarter results Tuesday morning — a much-needed report for the bank, whose stock has lagged industry peers and tested our patience. Morgan Stanley Why we own it : We own Morgan Stanley for the rebound taking place in IPO and M & A activity along with growth in wealth management, which provides more durable fee-based revenues. MS YTD mountain Morgan Stanley YTD Shares of Morgan Stanley were up more than 2% after Tuesday's earnings release and conference call, building on Monday's modest gains, which broke a three-session losing streak. Capital returns Morgan Stanley repurchased 12 million shares in the first quarter, at an average purchase price of $86.79 per share. Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.

Persons: Morgan Stanley, Goldman Sachs, Morgan Stanley's, Ted Pick, we've, Sharon Yeshaya, Morgan Stanley's CET1, Morgan Stanley YTD, Pick, We've, Yeshaya, Morgan, it's, Morgan Stanley repurchased, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: LSEG, Wealth Management, Investment Management, Institutional Securities, Equity, Morgan Stanley's Wealth Management, Street, Management, Federal Deposit Insurance Corp, Capital, CNBC, Times, Bloomberg, Getty Locations: New York

☆ I was poached, then laid off 60 days later. I was embarrassed to talk about it, but doing so helped me get my next job.
▼ + stars: | 2024-04-04 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

A company poached Amanda Nielsen from her job, then let her go 60 days later. A manager from another company in the same industry reached out and made me a job offer I could not refuse. One thing that had changed since my last job search four years earlier was the pandemic and the rise of remote work. I joked that my calendar was just as full during my job search as when I was working full-time. I also continued to post content about my job search journey, which can feel embarrassing and uncomfortable, but it helped people learn that I was still on the market.

Persons: Amanda Nielsen, Nielsen, — Organizations: LinkedIn, Service Locations: Denver

☆ I was poached and then laid off 60 days later. I was embarrassed to talk about it, but doing so helped me get my next job.
▼ + stars: | 2024-04-04 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

A company poached Amanda Nielsen from her job and then let her go 60 days later. I survived the cut, but a lot of my team was let go, and the job didn't feel the same. A manager from another company in the same industry reached out and made me a job offer I could not refuse. Even though I was open-minded about roles and had a solid résumé and network, I struggled with my job hunt. I joked that my calendar was just as full during my job search as when I was working full time.

Persons: Amanda Nielsen, Nielsen, — Organizations: LinkedIn, Service Locations: Denver

☆ The most important question to ask in a job interview, according to a LinkedIn expert
▼ + stars: | 2024-04-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

There are plenty of good questions to ask during a job interview to get to know your potential new employer. "The most important question to ask before you accept a job is: What is your culture of learning?" These offerings are pretty typical but don't address the actual culture of learning, Raman says. Instead, listen for evidence of the following six components of a culture of learning, according to LinkedIn expert Britt Andreatta: Learning opportunities aren't just limited to scheduled courses. Junior workers may especially benefit from asking how managers promote a culture of learning, Raman says.

Persons: Aneesh Raman, Raman, they'll, Britt Andreatta, —, Young Organizations: LinkedIn, Junior

☆ My husband and I were excited to take a trip to Europe after becoming empty nesters. But I struggled to let go of work.
▼ + stars: | 2024-03-30 | by ( Kelli Thompson | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But it was surprisingly hard to enjoy the lead-up to the trip as a business owner. Just like the motion of pulling my arm back, stepping back from work propelled my business forward. I knew what work I was excited to return to, and I decided to realign on the work that no longer excited me.

Persons: —, Hailey, unplugging, I'd, Greece's, Tonya Organizations: Service, Greece's Panathenaic Locations: Greece, Italy, Venice

1Password, a top-rated password manager, is offering a free trial. Below, we'll lay out all of the 1Password free trial details and a comparison of the four different paid plans (plus the fifth big business option) if you choose to keep a subscription after the trial period is up. 1Password free trialThe 1Password free trial offers 14 days of free use for any of its four plans. Once your free trial is up, you can lock into a paid subscription. If you'd like to try any of these tiers (except Enterprise) for free, head on over to the 1Password website to sign up for a 14-day free trial.

Persons: You'll, it's Organizations: Business, Business Business, Enterprise

☆ I moved from Minnesota to California for a dream job and got laid off 4 months later
▼ + stars: | 2024-03-24 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

At the time, I'd been working as an office assistant at Activision in Minnesota, but the Blizzard job was based in California. Dream jobBefore landing the Blizzard job, I was eyeing a range of roles in the gaming industry and networking. When I finally got through the lengthy interview process for the Blizzard job, I originally missed out. I'm happy I moved to California — but I wouldn't relocate for a job againDespite everything, I'm happy I moved to California. AdvertisementEven if I were offered another gaming job, I wouldn't relocate for a role again — I'm too worried about getting burned twice.

Persons: —, Cole McElwain, I'd, couldn't, I'm, — I'm Organizations: Service, Blizzard, Activision, Business, Microsoft Locations: Minnesota, California

☆ I'm a millennial who thought cubicles were a dreary relic from the '90s — then I realized they can be social and personal
▼ + stars: | 2024-03-15 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a transcribed conversation with Sydney Baker, 27, about her experience working in office cubicles. AdvertisementBaker's first office cubicle space. People think cubicles are dreary, but decorating them can make them light and brightMy preconception about cubicles was that they didn't get a lot of sunlight. I also like that cubicles can be social, but you also have the flexibility to not be social when needed. I've never worked in an open-plan office but think I'd prefer the privacy cubicles affordI've toured open-plan offices but never worked in one.

Persons: —, Sydney Baker, cubicles, I've, I'd, there's, . Baker, Bradley McKee Organizations: Service, Business, Amazon Locations: cubicles

☆ Temu has officially opened to US-based sellers in a strategy shift that could help it compete more closely with Amazon
▼ + stars: | 2024-03-15 | by ( Madeline Stone | ) www.businessinsider.com time to read: +4 min

Read previewTemu has opened its marketplace to sellers with US-based warehouses, marking a shift to its strategy that has focused on shipping orders from China. Business Insider previously reported that US Amazon sellers were largely eager to try selling on Temu once it was made available to them. Offering faster shipping options could help Temu to better compete with US e-commerce incumbents like Amazon. The company's use of de minimis shipments has gotten increased attention from US lawmakers as of late. Shein, another China-linked e-commerce marketplace, also began onboarding US merchants last year.

Persons: —, Temu, Brightever, Bernstein, De minimis, Earl Blumenauer, Neal Dunn, Dan Bishop, Shein Organizations: Service, Pinduoduo Holdings, Business, US, US Customs Locations: China, Palm Springs, Las Vegas

☆ India’s booming tech sector suffers a big blow as Byju’s and Paytm plunge into crisis
▼ + stars: | 2024-03-07 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

A subsequent audit "revealed persistent non-compliances and continued material supervisory concerns in the bank," the central bank said on Jan. 31. Yet to be profitable, Paytm is also reportedly being probed by the federal anti-fraud agency on possible violations of foreign exchange laws. On Feb. 26, One97 Communications, the parent company of Paytm, said in an exchange filing that founder and CEO Vijay Shekhar Sharma had resigned from the board of Paytm Payments Bank. During the pandemic, Paytm capitalized on the digital payments boom in India, reporting a 3.5 times growth in transactions. SoftBank and Ant Group are now reportedly cutting their stakes in the payments company, according to local media.

Persons: Anindito Mukerjee, There's, Karan Mohla, Paytm, Vijay Shekhar Sharma, SoftBank Organizations: Bloomberg, Getty, B Capital, Reserve Bank of India, One97 Communications, Paytm Payments, Alibaba, Ant, Ant Group Locations: Greater Noida, India

☆ Top executives say they’re training workers on AI. Managers and employees disagree
▼ + stars: | 2024-03-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.

Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, — Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland

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