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☆ After a ‘safe sex’ lecture, this 30-year-old co-founded a company to bring at-home STD tests to the LGBTQ community
▼ + stars: | 2023-06-23 | by ( Gili Malinsky | ) www.cnbc.com time to read: +4 min

In 2019, he co-founded Ash Wellness, which now offers at-home diagnostic testing for "everything from HIV, cholesterol, lipids," he says, and more. Thus far, the company has raised $6.6 million in funding, according to Crunchbase. People at the facility where he was getting tested "start to give me a lecture on safe sex," he says. "It cost us $150 to acquire a patient and our testing kits sold for just under $150." They sold them about 250 testing kits and over the next month sold kits to three more B2B clients.

Persons: David Stein, Stein, He's, Cornell Tech's, Kyle Waters, Mio Akasako, Nick Sempere Organizations: U.S, Ash Wellness, George Washington University, Cornell, Villanova, University, PrEP Locations: Philadelphia, San Francisco

☆ The cult of Emily Oster
▼ + stars: | 2023-06-22 | by ( Sarah Todd | ) www.businessinsider.com time to read: +30 min

Emily Oster is sitting in the back of a car, checking her Garmin watch as we lurch through rush-hour traffic toward the Holland Tunnel. A self-described expert in data, Oster uses her economics training to dig into studies on things like circumcision and screen time and translate them for popular consumption. There doesn't seem to be much of a gap between the way Oster presents herself in her books and newsletters and the way she conducts her life. Unsurprisingly, economics informs every aspect of the way Oster sees the world. When Oster was a toddler, her mother told a Yale colleague that Oster often talked to herself before falling asleep.

Persons: Emily Oster, doesn't, Oster, Taylor Swift, Spock, —, Mandy Moore, Emily DiDonato, Amy Schumer, " Oster, Emily, Aisha McAdams, Claudia Goldin, who's, Lori Feldman, " Feldman, Winter, It's, reopenings, Timothy Caulfield, Oster's Brown, OSTER, She's, Sheryl Sandberg's, Brown, Denis Tangney Jr, graham, Eminem, Sharon Oster, Ray Fair, Jesse Shapiro, Katherine Nelson, Carl, Choate Rosemary Hall, John F, Kennedy, Glenn Close, Ivanka Trump, Goldin, Steven Levitt —, Oster —, Paul Farmer, Steven Levitt, Oster's, Levitt, Robert Barro, demographer Monica Das Gupta, Joseph Delaney, she'd, I've, Matt Notowidigdo, Chicago Booth, hadn't, Udo Salters, Patrick McMullan, Shapiro, Jessica Calarco, Dr, Anthony Fauci, Donald Trump, Calarco, Rochelle Walensky, Delaney, University of Manitoba epidemiologist, Abigail Cartus, Justin Feldman, Delivette Castor, they're, COVID, Castor, Notowidigdo, Carter, you'd, she's, there's Organizations: Garmin, Brown University, New York Times, American Academy of Pediatrics, Yorker, Yale School of Management, Yale, Harvard, Connecticut, Choate, University of Chicago, Forbes, Wall, Publicly, University of Manitoba, Getty, Oster, Centers for Disease Control, Columbia University, Harvard Business School Locations: Holland, Montclair , New Jersey, Montclair, Harvard, Providence , Rhode Island, New Haven , Connecticut, China, Canada, Chicago, Ohio, New Jersey

☆ With more than $1 billion in deals in the works, Wall Street is poised to get back into the home buying game
▼ + stars: | 2023-06-21 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +4 min

Wall Street landlords raised $110 billion to buy homes but have had a quiet year. One large transaction, and one large listing, could signal that investors are ready to start buying. The single-family rental market, a popular playground of Wall Street landlords in 2020 and 2021, has been in a deep-freeze for the last year. Rising borrowing costs and a shakier housing market halted most transactions, leaving idle much of the $110 billion raised to buy homes. The company, which was valued at nearly $2 billion last year, says it has facilitated more than $5 billion in deals.

Persons: dealmaking, Goldman Sachs, Don Mullen, DR, Barry Sternlicht's, redemptions, Gary Beasley, Roofstock, Allison Arest, Topping, Beasley, Morgan Stanley's, Ellen Zentner, Jay Powell, LeMaistre, everybody's Organizations: Bloomberg, Barry Sternlicht's Starwood Group, Fed Locations: Beach

☆ Inside Netflix's growing M&A machine, who's leading it, and what insiders think the streamer could buy next
▼ + stars: | 2023-06-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

It then delved further into M&A to kickstart its games business. And the streamer hasn't completely abandoned its build-from-within strategy, as it also announced plans last fall to build its own gaming studio in Finland. He recently was elevated to the Lstaff, a group of 25 Netflix business heads who debate its biggest initiatives. (Netflix ended up doing a partnership in 2019 with that company, Studio Dragon, and its parent CJ ENM.) But leadership has been steadfast that Netflix's M&A mantra hasn't changed.

Persons: Here's, Reed Hastings, It's, it's, who's, what's, Roald Dahl, Dahl, Peter Rabbit, Spry, Harry Potter, execs, Spencer Wang, Michael Porter, Spencer Neumann, who'd, Neumann, Wang, Greg Peters, Ted Sarandos, Bela Bajaria, Scott Stuber, Mike Verdu, Jay MacDonald, Digiday, Ana Milicevic, Hastings, Sarandos, CJ ENM, Mario Organizations: Netflix, stoke, Paramount, Night School, Spry Fox, Disney, Warner Bros, DC Comics, Digital Capital Advisors, MLB, Surf League, Street Journal, Microsoft, Sparrow Advisers, MGM, Amazon, Mario Bros, Activision Blizzard, Epic Games, UBS Locations: Finland, New Jersey, Hollywood

Data showed U.S. retail sales unexpectedly rose in May as consumers spent on a range of goods including vehicles. All 11 S&P 500 sector indexes rose, led by health care (.SPXHC), up 1.55%, followed by a 1.54% gain in communication services (.SPLRCL). The S&P 500 climbed 1.22% to end the session at 4,425.84 points. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 7.1-to-one ratio. The S&P 500 posted 48 new highs and no new lows; the Nasdaq recorded 80 new highs and 72 new lows.

Persons: TD Cowen, Ross Mayfield, Baird, who'd, David Russell, Kroger, Shristi Achar, Sruthi Shankar, Noel Randewich, Vinay Dwivedi, Shounak Dasgupta, David Gregorio Our Organizations: Nasdaq, Dow, U.S . Federal, Treasury, Apple, Microsoft, Fed, U.S, Market Intelligence, Dow Jones, Kohl's Corp, Alibaba, People's Bank of China, Thomson Locations: China, Bengaluru, Oakland, Calif

☆ No job, no problem: For some, a 'funemployment' summer after quitting sounds like a perfect plan
▼ + stars: | 2023-06-06 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +6 min

"I want to take a beat and decide how I'm going to live my life," Pena, 37, told Insider. "People now have more freedom to hop in and out of the labor market," she told Insider. Wren Taylor, 35, enjoyed her summer of funemployment last year after being laid off from her corporate marketing job. "Their comments affirmed that I wasn't wasting my time," she told Insider. During job interviews, she said that all she could think about was the freedom she'd lose by going back to a traditional job.

Persons: Suzy Welch, —, Delia Pena, " Pena, Pena, she's, I'm, Gen, funemployment, Randall Peterson, who'd, Wren Taylor Wren Taylor, Julia Pollak, Pollak, Wren Taylor, they'd, I'd, Wren Organizations: NYU, Service, London Business School, ZipRecruiter, Labor Department, Catalina Locations: funemployment

☆ TikTok is the best platform to make money on, according to a new survey of 1,500 creators. But YouTube reigns supreme for high earners.
▼ + stars: | 2023-06-05 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

Royalty-free music provider Epidemic Sound surveyed 1,500 content creators on their businesses. The best platform to earn was TikTok, creators said, closely followed by YouTube. "This tells me that previously content creators were more dependent on external props to grant their content the production value that they thought would determine success. The majority of creators say TikTok is the best platform to make money, followed by YouTubeWhen asked which platforms are the best to generate income, 30% of creators mentioned TikTok, while about 26% said YouTube. A May report from influencer-marketing firm The Influencer Marketing agency found that 94% of surveyed creators used AI; in another report from video-and-image app developer Lightricks, 62% of creators said they used it.

Persons: we'll, Oscar Höglund, Höglund, TikTok, ure Organizations: YouTube, Influencer

☆ 77% of creators say their incomes have gone up in the last year, but the vast majority are looking to cut costs. Here are 4 key takeaways from a new survey.
▼ + stars: | 2023-06-02 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

Royalty-free music provider Epidemic Sound surveyed 1,500 content creators on their businesses. The best platform to earn was TikTok, creators said, closely followed by YouTube. 76.5% of creators had seen their income increase significantly over the past 12 monthsThat's compared to 23% who said their income had gone down or stayed the same. "This tells me that previously content creators were more dependent on external props to grant their content the production value that they thought would determine success. A May report from influencer-marketing firm The Influencer Marketing agency found that 94% of surveyed creators used AI; in another report from video-and-image app developer Lightricks, 62% of creators said they used it.

Persons: we'll, Oscar Höglund, Höglund, TikTok, ure Organizations: YouTube, Influencer

☆ Matt Onofrio made $35 million helping everyday people invest in real estate. Then he was indicted. Was it all a scam?
▼ + stars: | 2023-06-01 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +21 min

The MMA fighter Michael Chandler, pictured with his wife, Brie Willett, bought a $16 million property from Matt Onofrio in 2021. Then, in November 2022, federal prosecutors indicted Onofrio on charges involving three deals he'd arranged in Minnesota the year before. The federal complaint doesn't involve the property Onofrio sold to Chandler. Unbeknownst to Hermann, Onofrio had already tied up the warehouse in contract for $4.75 million. "Matt was finding a deal for $4 million and selling it for $5 million," Stageberg said.

Persons: Matt Onofrio, anesthetist, who'd, Onofrio, Michael Chandler, Chandler, Brie Willett, Rick Diamond, Michael didn't, Matt, Brendan Johnson, he'd, fraudster, who's, Matthew Hermann, Hermann, he's, —, Anthony Vicino, unburden, Hermann countersued, Let's, Nick Stageberg, Stageberg, Vicino, couldn't, wasn't, Zacari Pennington, Brandon Turner, David Greene, Pennington, Brad Lea's, Ryan Pineda's, Alec McElhinny, Onofrio's, Greene, Ed Mylett, Mylett, Lily Ro Onofrio, Lea, Brittany Arnason, BiggerPockets, Cameron Cropsey, Scott Trench, Nicholas Perrone, Wild Organizations: Onofrio, CMT, Chandler, Wild Moose Ventures, Finance & Commerce, Mayo Clinic, Moose Ventures, Wild, Ventures Locations: Wisconsin, California, Sauk Rapids , Minnesota, Minnesota, Onofrio, Minneapolis, Mexico City, Mayo, Denver, Nashville, Church, Golden Valley , Minnesota, Macon , Georgia, Pennington

Guardia Civil/Handout via REUTERSMADRID, June 1 (Reuters) - Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth of tobacco leaf and illicit cigarettes. This operation is one of dozens across the EU that regional policing and anti-fraud agencies say have driven seizures of illicit cigarettes to record levels. It may have been further accelerated by the war in Ukraine, which for years has been a production hub and transit route for illicit tobacco, OLAF added. TOBACCO INVESTIGATORSThe industry has responded by hiring investigators to research illicit operations and share intelligence with European authorities, executives at Japan Tobacco, BAT and Imperial Brands told Reuters. "A good many workers from Ukraine have been found in these illegal factories," Japan Tobacco's Byrne said about counterfeiting operations across the EU.

Persons: who'd, OLAF, Cyrille Olive, Philip Morris, Olive, Europol, Vincent Byrne, Byrne, Japan Tobacco's Winston, Alex McDonald, Ernesto Bianchi, McDonald, Japan Tobacco's Byrne, They're, they're, Richa Naidu, Emma Pinedo, Emilio Parodi, Matt Scuffham Organizations: Guardia Civil, REUTERS, Spanish, EU, BAT, Imperial Brands, Japan Tobacco, Philip Morris International, Reuters, Marlboro, America's Dunhill, Supplies, Investigators, Mobile, Thomson Locations: Seville, Spain, Guardia, REUTERS MADRID, Alfaro, Europe, Ukraine, British American, France, Netherlands, Portugal, Slovenia, Denmark, Czech Republic, Ireland, Japan, China, Asia, EU, Russia, Belarus, Roda de Ter, Barcelona, Spanish, Italy, Pomezia, Russian, Moldovan, London, Madrid, Milan

☆ The man accused of killing CashApp founder Bob Lee just saw his defense lawyer leave the case
▼ + stars: | 2023-05-30 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Nima Momeni, who has pleaded not guilty in the murder of Bob Lee, has parted ways with his lawyer. Attorneys Saam Zangeneh and Bradford Cohen confirmed to Insider that they're now representing Momeni. Momeni's now-former attorney, Paula Canny, pulled out of the case at a hearing on Tuesday in San Francisco, according to multiple news reports, including by the San Francisco Chronicle. Momeni also has new lawyers now representing him: Saam Zangeneh, a criminal defense attorney in Miami, confirmed to Insider that he is representing Momeni along with Bradford Cohen, a criminal defense attorney in Fort Lauderdale, Florida. Representatives for the San Francisco District Attorney's office did not immediately respond to Insider's emailed inquiries on Tuesday.

Persons: Nima Momeni, Bob Lee, Paula Canny, who'd, Saam Zangeneh, Bradford Cohen, Momeni's, Canny, Momeni, Saam, Cohen, Brooke Jenkins Organizations: Morning, San Francisco Chronicle, San Locations: Momeni, San Francisco, Miami, Fort Lauderdale , Florida, San Francisco District

☆ Isabella Rossellini graces Cannes for Italian grave robber drama 'La Chimera'
▼ + stars: | 2023-05-26 | by ( ) www.reuters.com time to read: +2 min

[1/2] The 76th Cannes Film Festival - Screening of the film "La chimera" in competition - Red Carpet Arrivals - Cannes, France, May 26, 2023. Director Alice Rohrwacher, producer Carlo Cresto-Dina, cast members Alba Rohrwacher and Isabella Rossellini pose. REUTERS/Sarah MeyssonnierCANNES, May 26 (Reuters) - Film legend Isabella Rossellini graced the Cannes Film Festival's red carpet on Friday for the premiere of Italian drama "La Chimera," director Alice Rohrwacher's third attempt to take home the top prize against 20 other competitors this year. Set in the 1980s, "La Chimera" follows the ups and down of Arthur and the grave robbers, known as tombarola, as they look for ancient tombs with any antiques they can sell illicitly. "Where I grew up it was common to hear stories of secret finds, clandestine digs and mysterious adventures," the Italian director said on the film's website.

☆ How to Avoid Work Burnout: Lessons From a Wall Street Rising Star
▼ + stars: | 2023-05-23 | by ( Simone Stolzoff | ) www.businessinsider.com time to read: +11 min

But despite all his professional success, Khe started to notice a nagging feeling that he wasn't playing the right game. "Success is like an addiction," Khe told me. When Khe told his closest confidants that he was unhappy and considering leaving BlackRock, they'd say things like "That's so risky" or "What about your daughter?" At BlackRock, Khe had job security, a seven-figure annual income, and a fancy job title. Simone Stozloff is an independent journalist, a consultant from San Francisco, and the author of "The Good Enough Job: Reclaiming Life from Work."

☆ Biden officials see opportunity to hit DeSantis over abortion restrictions, Disney fight, and his gun record in a potential 2024 presidential matchup: report
▼ + stars: | 2023-05-21 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

A dozen Biden and Democratic officials laid out a plan to attack DeSantis in 2024, per a CNN report. The officials told CNN that DeSantis would be vulnerable on abortion, guns, and battles with Disney. Biden is making an early election push in Florida, a state that has turned sharply toward the GOP. Biden is making an early push to win Florida ahead of the 2024 presidential election, despite major Republican gains in the state over the past decade. "They've realized the outcome of their negligence," former Democratic Rep. Debbie Mucarsel-Powell told CNN.

☆ Your co-workers don't know what to say to you at work — so they're googling it
▼ + stars: | 2023-05-21 | by ( Jordan Hart | Aaron Mcdade | ) www.businessinsider.com time to read: +4 min

Google search data shows that people are looking up "what to talk about at work" more than they have in the past two decades. Young workers say they've found it hard to navigate small talk with their colleagues from different backgrounds. Searches yield results of conversation starters, engaging prompts, and topics to never bring up at work. And while these guides may be helpful for some, they're also showing that others are finding it hard to know what's appropriate to talk about at work. "I'm a pretty social person at parties, but I actually find it hard to talk with my co-workers," Smith said.

☆ Disney kills $1 billion development in Florida just days before DeSantis' expected presidential announcement
▼ + stars: | 2023-05-18 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +4 min

Disney canceled its plans to move jobs from California to Florida. The announcement came just days before DeSantis is expected to formally run for president. "Ron DeSanctimonious gets caught in the mouse trap," the Trump campaign tweeted Thursday. Gavin Newsom of California, who'd urged Disney not to relocate workers from his state to Florida, tweeted. Hundreds of Disney workers who already relocated to Florida will have the option to move back, per the Wall Street Journal.

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

Persons: he'd, Robert, stepdad, Thomas Winenger, Winenger, Robert's, Jill Montes, Montes, Patti Ratekin, she'd, Ratekin, Richard Gardner, Gardner, Lynn Steinberg, she's, Maya, shrieks, Joan Meier, They'd, —, Meier, Tom Brenner, Paige, Maggie Shannon, Claire, Eden, Weeks, Hester Prynne, Mitra Sarkhosh, Sarkhosh, San Diego Robert, Tom Winenger, Tamatha Clemens, Miguel Alvarez, Alvarez, overreact, Alvarez didn't, Bridges, Janell Ostroski, Linda Gottlieb, Ostroski, Michael D, Ashton, Alfield Reeves, Michael, Kelly D, Kelly, who've, Randy Rand, Chris, Rand, he's, Rand isn't, Jane Shatz of, Joann Murphey, Murphey, Steinberg, Ally Toyos, Kit R, Toyos, Emily, Richard Warshak, Elizabeth Loftus, Harvey Weinstein's, Loftus, Hannah Rodriguez, Linda Gottlieb's, Gottlieb, Rodriguez, Yvonne Parnell, Brian Ludmer, Ludmer, Parnell, aren't, Daniel Barrozo, Mom, Jean Mercer, Mercer, who'd, Michael Saini, Saini, Hannah Yoon, — Ashton, Judge Ostroski, William Northey, Northey, O, Addie Asay, mistreating Ashton, Rachel Brandenburg, Brandenburg, I've, Michael's, Gardner's, Gardner dosed, Dr, Paul Fink, Fink, Warshak, William Bernet, Patrick Clancy, doesn't, She'd, Brian Fitzpatrick, Sen, Susan Rubio, Meier's, Rebecca Connolly, didn't, Connolly, Heidi Simonson, Rubio, Theresa Manzella Organizations: Investigations, San, Business, Child Welfare, of, American Psychiatric Association, World Health Organization, American Professional Society, George Washington University, Violence Law, George Washington University Law School, Columbia University, PAS, Sarkhosh, San Diego County Sheriff's Department, California Health, Welfare Agency, Psychology, Bridges, Texas, Roane, Stockton University, University of Toronto, Families, Delaware Family Court, Family, Delaware Family, Association of Family, Conciliation, Newsday, University of Texas Southwestern Medical Center, HarperCollins, Family Bridges, Vanderbilt University, Disorders, The Justice Department, WHO, of Social Welfare, Family Law, Winenger, Montes, Superior Locations: San Diego County, Vista , California, of California, Family Bridges, United States, Santa Cruz , California, Sacramento, Los Angeles, San Diego, toddlerhood, Ratekin, San, California, Eden, New Castle County , Delaware, New York, Ashton, Delaware, Jane Shatz of California, Seattle, Southern California, Texas, Kansas, Toyos, Bozeman , Montana, Family, Tampa , Florida, New, Hudson Valley, Chino , California, Wilmington , Delaware, of Delaware, New Castle County, Denver, Washington, Pennsylvania, Susan Rubio of Los Angeles County, statehouses, Watsonville , California, Santa Cruz, Michigan , Kansas, Utah, Colorado, Montana

☆ Google could delete your account — wiping Gmail and docs — if you haven't used it in 2 years. Here's what to know, and how to protect your data.
▼ + stars: | 2023-05-17 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Google said the move is a safety measure to prevent unused accounts from being hacked. But many Gmail users have records still of value, even if they may not log in to access them regularly. To preserve old data, Google also suggested measures like moving the account's contents using its "Takeout" feature, or emailing out valuable information and data to other active accounts. Earlier this month, Elon Musk said that unused Twitter accounts could be erased (though he also added they'd be archived). The move prompted criticism, including from those who'd hoped to preserve the Twitter accounts of deceased loved ones.

☆ Sam Altman says a government agency should license AI companies — and punish them if they do wrong
▼ + stars: | 2023-05-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman suggested that a government agency should be formed to oversee AI safety. Such an agency could give licenses to companies for advanced AI work — and revoke them. OpenAI CEO Sam Altman told a Senate panel on Tuesday that there should be an agency to police AI projects that operate "above a certain scale of capabilities." "I think if this technology goes wrong, it can go quite wrong," Altman said during in the hearing. Altman, 38, is one of its founders, along with Elon Musk, who has since parted ways with the organization.

☆ An Irish newspaper published a hoax article calling false tan 'problematic' generated using ChatGPT by a fake journalist with a profile picture made on DALL-E
▼ + stars: | 2023-05-15 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Last Thursday, The Irish Times removed an opinion article which called fake tan "problematic." It was 80% generated by GPT-4, and the hoaxer used an AI profile picture, per The Guardian. A hoax newspaper article which was generated with AI by a troll using a DALL-E profile picture has prompted an apology from the editor, The Guardian reported. The Irish Times published the piece, titled "Irish women's obsession with fake tan is problematic," on Thursday. And the profile picture was created with DALL-E to show a stereotypically "woke" journalist with the prompt "female, overweight, blue hair, business casual clothing, smug expression."

☆ NBC takes a swipe at Twitter after Elon Musk hired away a top exec: They 'just let all the crazies back in.'
▼ + stars: | 2023-05-15 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

NBCUniversal took a dig at Twitter on Monday, saying the platform "just let all the crazies back in." Last week, Linda Yaccarino resigned as NBCU's ad chief to join Twitter as CEO, to replace Elon Musk. NBCUniversal took a swipe at Twitter on Monday — just days after NBCU's top ad chief resigned to join Elon Musk's social media platform. Twitter may seem like the place to begin, but Twitter just let all the crazies back in," according to Axios media reporter Kerry Flynn, who reported from the event. Its ad chief, Linda Yaccarino, who'd been at the company for nearly 12 years, resigned last week to join Twitter.

☆ Big firms are filing for bankruptcy left and right — and it's just the beginning
▼ + stars: | 2023-05-15 | by ( Joe Ciolli | ) www.businessinsider.com time to read: +4 min

Vice Media headlined a group of seven major companies that filed for bankruptcy in a recent 48-hour period. Fast-forward to the present, when Vice — saddled with liabilities of up to $1 billion — has filed for bankruptcy. Still, an uptick in bankruptcy filings clearly demonstrates increasing economic stress. Retailers from Bed Bath & Beyond to David's Bridal have filed for bankruptcy in recent weeks. Envision Healthcare — a medical-staffing company backed by KKR — was one of the six firms to declare alongside Vice.

☆ Google just showed how Big Tech will win again in AI
▼ + stars: | 2023-05-12 | by ( Hugh Langley | ) www.businessinsider.com time to read: +6 min

OpenAI and other AI startups will struggle to match this reach, unless they team up with other tech giants, like Microsoft. After Google I/O this week, it's looking like AI will be another 80/20 situation where a few Big Tech companies benefit the most. Some examples:In Google Docs, ask Google's AI model to help you write a job description. For a Google Slides presentation with photos, you can ask the company's AI model to create speaker notes based on the images. Insider ran into a high-level Google product manager at the conference who'd just watched a developer presentation.

☆ Elon Musk says he's found a new Twitter CEO: 'She will be starting in ~6 weeks!'
▼ + stars: | 2023-05-11 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Elon Musk said on Thursday that he'd found a new CEO for Twitter. Elon Musk said on Thursday that he'd found a new CEO for Twitter. Musk became Twitter CEO, describing himself as "Chief Twit," last year after he bought the company and fired CEO Parag Agrawal within hours of taking the social-media company private. Since Musk took over as Twitter CEO in November, some Tesla shareholders have expressed concern over his focus on the social-media company as Musk has taken to sleeping at its headquarters. Musk has said from the beginning that he had planned for his stint as Twitter's CEO to be temporary.

☆ I left Miami for a remote village in Pakistan. I have no running hot water and limited electricity — but my quality of life here is infinitely better.
▼ + stars: | 2023-05-09 | by ( Samantha Shea | ) www.businessinsider.com time to read: +15 min

She moved to Hunza Valley in Northern Pakistan in 2021, where she's lived ever since. I live in Hunza Valley, 8,500 feet above sea level on the border with Western China, where I work as a digital nomad. A drone shot of Hunza Valley in early May. A Hunza Valley local drying apricots. Though my solo journey to Pakistan started as a trip, Hunza Valley is now my home.

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