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☆ Theranos' Elizabeth Holmes loses bid to stay out of prison
▼ + stars: | 2023-04-11 | by ( ) www.cnbc.com time to read: +4 min

Disgraced Theranos CEO Elizabeth Holmes has been rebuffed in her attempt to stay out of federal prison while she appeals her conviction for the fraud she committed while overseeing a blood-testing scam that exposed Silicon Valley's dark side. The judge's decision means Holmes, 39, will have to surrender to authorities April 27 to start the more than 11-year prison sentence that Davila imposed in November. Holmes could still file another appeal of the ruling Davila's latest ruling, a maneuver that her co-conspirator at Theranos – Ramesh "Sunny" Balwani – successfully used to delay his scheduled March 16 date to begin a nearly 13-year prison sentence. Davila has recommended that Holmes serve her sentence in a Byron, Texas, prison. Although they had separate trials, Holmes and Balwani were accused of essentially the same crimes centered on a ruse touting Theranos' blood-testing system as a breakthrough in health care.

☆ Can ChatGPT be a doctor?
▼ + stars: | 2023-04-10 | by ( Asia Martin | ) www.businessinsider.com time to read: +4 min

My colleague Emilia David will take over for the rest of this week until Diamond Naga returns from her much-needed vacation. Can ChatGPT be a doctor? One physician said the AI chatbot was "better than many doctors" he's observed when it came to clinical diagnosis. The doctor said the diagnosis didn't differ from what he would have determined. ChatGPT may have passed the exam, but it's still unable to take the Hippocratic oath, where doctors swear to abide by a set of professional ethical standards.

☆ Who is Satoshi Nakamoto? Crypto fans just celebrated the bitcoin inventor's birthday and his legend is as mysterious as ever.
▼ + stars: | 2023-04-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Satoshi Nakamoto is said to be the inventor of bitcoin and wrote the token's original white paper in 2008. Nakamoto's paper, "Bitcoin: A Peer-to-Peer Electronic Cash System," was published in October 2008. In his white paper, Nakamoto cited the work of Stuart Haber, a computer scientist credited with helping invent blockchain technology. A Newsweek article in 2014 said that Dorian Prentice Satoshi Nakamoto, a Japanese American man living in California, was the elusive inventor of bitcoin. After the article published, Nakamoto's online account revived itself after a five-year hiatus, stating: "I am not Dorian Nakamoto."

☆ Tim Cook shares a trick Steve Jobs used as Apple's CEO: It's 'one of the things I loved about him'
▼ + stars: | 2023-04-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Since Tim Cook became CEO of Apple, he's worked to cement his own legacy — but he still admires his predecessor Steve Jobs' leadership style. "I knew I couldn't be Steve [when I became CEO]," Cook, 62, told GQ on Monday. But that doesn't mean Cook couldn't take a leadership trick or two from Jobs' book. Under his leadership, Apple has grown into a multitrillion-dollar company. Today, the Apple CEO still uses some of Jobs' old traditions, like 9 a.m. meetings every Monday, he told GQ.

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

☆ Apple CEO Tim Cook explains why people might want a mixed reality headset
▼ + stars: | 2023-04-03 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook poses for a portrait next to a line of new MacBook Airs as he enters the Steve Jobs Theater during the Apple Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California on June 6, 2022 . Apple CEO Tim Cook recently explained in an interview with GQ why people might want the sort of mixed reality headset his company is expected to announce in the coming months. In short: art, communication, "creative" applications, and corporate environments, Cook told GQ. "The idea that you could overlay the physical world with things from the digital world could greatly enhance people's communication, people's connection," Cook told GQ. Meta has struggled to find success with its virtual reality business, called Reality Labs.

☆ David Einhorn regrets selling his early Apple stake, predicts the Fed will pull back in fighting inflation, and reveals he's betting on AI in a new interview. Here are the elite investor's 8 best quot
▼ + stars: | 2023-04-01 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The Greenlight Capital boss sees the Fed pulling back in fighting inflation after the banking chaos. Einhorn also discusses where the banks went wrong, and how he's betting on AI, in a new interview. "The first jelly donut tastes great. The second jelly donut is pretty indulgent, but by the 12th jelly donut, you're just making yourself sick, so you really shouldn't do that anymore." "We're not going to figure out who has the next breakthrough in AI that is going to leapfrog everybody else's AI.

☆ Eve Jobs recommends iPhone 14 after mocking it a few months ago
▼ + stars: | 2023-03-31 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Apple cofounder Steve Jobs' daughter, Eve, told The Strategist she "can't live without" her iPhone. Jobs shared a meme on her Instagram story in September that poked fun at the iPhone 14. Insider also hasn't confirmed whether Jobs actually uses the iPhone 14. "I'm gonna keep it brief," Jobs told The Strategist about the iPhone 14. She's also a model and accomplished equestrian, who once told World of Showjumping that competing in the Olympics and at the World Equestrian Games "would be a dream."

☆ Boomerang UBS boss ticks several important boxes
▼ + stars: | 2023-03-29 | by ( Liam Proud | ) www.reuters.com time to read: +4 min

That’s the best explanation for why Chair Colm Kelleher on Wednesday said the Swiss bank was replacing CEO Ralph Hamers with erstwhile boss Sergio Ermotti. Though the move violates several corporate-governance red lines, it improves the group’s chances of successfully absorbing stricken rival Credit Suisse (CSGN.S). Nor was his hesitant delivery in a call with analysts after announcing the Credit Suisse deal. During his previous spell in charge, UBS held talks with Deutsche Bank (DBKGn.DE) and discussed a merger with Credit Suisse. Ermotti, a Swiss national, led the Swiss bank for nine years, departing in late 2020, and is currently chair of Swiss Re.

☆ Two Florida Towns Vie to Be Center of the Equestrian World
▼ + stars: | 2023-03-28 | by ( Deborah Acosta | Photographs Sydney Walsh For The Wall Street Journal | ) www.wsj.com time to read: 1 min

An equestrian rivalry between towns competing for horse-riding events and well-heeled homeowners and athletes is heating up in Florida. Wellington, a village on the west side of Palm Beach County, for more than 15 years has been Florida’s equestrian sports center, hosting the Winter Equestrian Festival, which attracts tens of thousands of spectators during its 13-week run. The daughters of Bill Gates , Steve Jobs and Michael Bloomberg have competed in the festival and their families own homes in the area, according to real-estate brokers.

☆ How to get over writer's block, unlock your creativity, and brainstorm great ideas
▼ + stars: | 2023-03-22 | by ( Cindy Perman | ) www.cnbc.com time to read: +10 min

Whether you're trying your hand at a screenplay like Charlie or brainstorming ideas for an upcoming meeting, there are a few things you can do to unlock your creativity and get the ideas flowing. Sometimes, connecting with someone else is the catalyst that unlocks our own creativity and gets the ideas flowing. "However, I find that once I just start, it creates momentum, because then I have something to work with, and the ideas start to flow and with progress comes confidence!" In her book "Bird by Bird," on the art of writing, Lamott describes the SFD this way: All good writers write them. A former colleague and I used to joke that our ideas were so good, it was bigger than a brainstorm.

☆ 20 years of digital transformation, as seen by an IT expert
▼ + stars: | 2023-03-17 | by ( Sponsor Post | Created Insider Studios With Goto | ) www.businessinsider.com time to read: +7 min

Back then, the average person would hear the term "remote support" and probably think it meant getting help for their TV controller. Jaromi said he has seen teams increase their productivity between 20% to 50% by letting GoTo Resolve's efficiencies work for them. For SMBs, GoTo Resolve can often be their main IT presence. But Rescue and GoTo Resolve have constantly stayed a step ahead, building in the most secure layers possible. Looking to the futureOver his 18 years at GoTo, Jaromi has seen the company endure significant changes, from being an upstart innovator to an established industry leader.

☆ The trailer for the new 'BlackBerry' movie is here and former 'CrackBerry' fans are shocked at how entertaining it looks
▼ + stars: | 2023-03-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The "BlackBerry" trailer dropped Wednesday, and it's trending at number 21 on YouTube only 24 hours later. Critics and nostalgic BlackBerry fans alike say they're thrilled by the cast and the chance to revisit the iconic phone. It tells the story of the rise and fall of Canadian tech company Research in Motion, the maker of the BlackBerry. "I'm shocked that BlackBerry actually looks like it might be pretty damn good," Canadian tech editor Patrick O'Rourke tweeted. Although the film might strike the hearts of BlackBerry loyalists or Y2K enthusiasts, the phones most likely won't be back.

☆ Kellogg is giving its Pringles and Cheez-It business a new name with classical Latin twist. It's the latest company name to incorporate the 'dead' language.
▼ + stars: | 2023-03-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Kellogg is renaming its snack business "Kellanova" — a combo of Kellogg and a Latin word for "new." Kellogg is naming its snacking division "Kellanova," the latest step in breaking up the company, it said on Wednesday. The name draws inspiration from the Kellogg name and a common Latin word, Kellogg CEO Steve Cahillane said in a statement. Etsy and Mondelez are among other companies with Latin namesKellanova is hardly the first company rebrand to draw inspiration from Latin. Before that, cigarette maker Philip Morris said it would change its name to "Altria" in an allusion to the Latin word for "high," the Journal reported in 2001.

☆ Zuckerberg's Steve Jobs moment
▼ + stars: | 2023-03-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZuckerberg's Steve Jobs momentMark Zuckerberg has promised this is the "year of efficiency" – out is the metaverse, in are cost cuts, focus, discipline. But one noted tech investor says it's about more than just righting the cost structure of the business and cutting some payroll – it's about repositioning the company to take advantage of the next great wave of computing. Couldn't do this and not mention A.I. Can Zuckerberg turn around this ship, and what his relationship with Wall Street can tell us.

☆ I was a die-hard Apple iPad fan for over a decade. But I've grown frustrated and have mostly discarded it — I'm not the only one.
▼ + stars: | 2023-03-09 | by ( Michael Gartenberg | ) www.businessinsider.com time to read: +9 min

Former Apple exec Michael Gartenberg has an iPad Pro and has owned various iPads over the past decade. His iPad used to be his constant travel companion, more used than his laptop — but not anymore. He says the iPad is at an intersection between failure and ongoing success, and Apple must pay attention. So iPad users, like myself, are paying a premium for hardware that is far more advanced than the software we are able to run on it. If Apple wants to continue to succeed with the iPad, it will need to address these challenges head-on.

☆ Bank of America shares 4 reasons why AI is having its 'iPhone moment' and could have a $15.7 trillion impact on the global economy by 2030 — while enriching investors in these 13 industries along the
▼ + stars: | 2023-03-08 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Artificial intelligence (AI) may be having its "iPhone moment," according to Bank of America. In fact, the firm has cited an estimate from PwC that AI's economic impact could be $15.7 trillion by 2030. "This could be the 'iPhone moment' for AI." And like smartphones existed prior to the iPhone, AI predates ChatGPT by many years. At that rate, AI could be a million times more powerful than ChatGPT is now in the next 10 years, Israel wrote.

☆ An Elon Musk documentary is in the works from the director who examined Theranos, Enron, and Scientology
▼ + stars: | 2023-03-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

An Elon Musk documentary is currently being made by acclaimed director Alex Gibney. Gibney has examined Theranos, Enron, Scientology, and more in his previous documentaries. Gibney's other documentaries have tackled Scientology, Enron, Theranos founder Elizabeth Holmes, WikiLeaks, Steve Jobs, and more. Gibney's Jigsaw Productions is producing the film alongside production companies Closer Media, Anonymous Content, and Double Agent. "Now is the moment for a rigorous portrait of Elon Musk, who is undeniably one of the most influential figures of our time.

☆ The unraveling of fintech darling Vise
▼ + stars: | 2023-03-03 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +28 min

It was April, and more than two dozen salespeople who worked for the fintech startup Vise had been ordered to a multiday off-site at the W Hoboken hotel in New Jersey to share exhaustive reports on their performance. Even salespeople at bigger, established, top-tier investment-management firms typically wouldn't close $250 million in a year, multiple sales employees said. (K-means clustering is an unsupervised machine-learning algorithm often referred to as a form of AI, Vise's founders said). (Vise's founders disputed this, saying the company received updated financial data only once a day for its portfolio-construction engine.) And to address its "leaky funnel" of overestimating prospective sales, Vise was to stop outreach to new clients while it onboards and upsells to existing clients, the document said.

☆ Apple's advertising business is expanding into new areas this year such as TV. Here are 14 behind-the-scenes Apple executives building its advertising empire.
▼ + stars: | 2023-03-03 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +11 min

Right now its roughly $5 billion-in-revenue ads business largely consists of search ads sold within the App Store. We asked more than a dozen advertising industry insiders and former Apple advertising staffers to identify the most important executives building Apple's advertising business. Teresi's ascent coincides with the explosive growth of Apple's ad business in recent years. A former Yahoo and Quantcast staffer, Crawford first joined Apple in 2011 to work on global operations for iAd. Lauren Fry - Apple TV+ ad salesApple hired Fry, a TV and video ad sales veteran, in February this year, The Information reported.

☆ Elizabeth Holmes wants to delay her 11-year prison sentence
▼ + stars: | 2023-03-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her 11-year prison sentence because she has “two very young children” to be with. The court filing last week represents the first public acknowledgment that Holmes gave has given birth to her second child. Her lawyers laid out several reasons to delay the prison sentence pending an appeal of her conviction, arguing that she’s not a flight risk or a danger to the community. Last year, Holmes was sentenced to more than 11 years in prison for defrauding investors while running the failed blood testing startup Theranos. Instead, Theranos was relying on third-party manufactured devices from traditional blood testing companies.

☆ The age of most successful startup founders may surprise you. And no, it's not early 20s.
▼ + stars: | 2023-02-28 | by ( Madeline Garfinkle | ) www.businessinsider.com time to read: +3 min

Tales of young founders like Steve Jobs or Bill Gates have given the impression that youth is tied to success in Silicon Valley. But the average age of most successful startup founders is 42, according to Harvard Business Review. Researchers found that founders with work experience were more likely to be successful. Jeff Bezos was 30 when he founded Amazon. The success stories of young startup founders have in some ways given the impression that youth is tied to success in Silicon Valley.

☆ A treasure trove of over 500 retro Apple products is being auctioned off from one of the biggest collections in the world
▼ + stars: | 2023-02-27 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +1 min

Over 500 Apple computers and products that span from 1977 to 2008 are going to auction next month. The collection, one of the biggest in the world, is called "The Hanspeter Luzi Vintage Apple Archive," and belonged to Swiss Apple collector Hanspeter Luzi. Steve Jobs (left), John Sculley (center), and Steve Wozniak unveil the new Apple II computer in San Francisco in 1984. As a teacher, Luzi used computers as a teaching aid for his students. Before starting his Apple collection, Luzi collected vintage sewing machines that became the foundation for the Sammlung Albrecht Mey sewing machine museum in Germany.

☆ Inside equestrian show jumping, the elite sport beloved by famous kids like Grace Wahlberg, Jennifer Gates and Eve Jobs
▼ + stars: | 2023-02-26 | by ( Mark Abadi | Jordan Hart | ) www.businessinsider.com time to read: 1 min

The niche sport of equestrian show jumping has caught the eye of some of the wealthiest people in the world. For those who can afford to take part in competitions, show jumping offers millions of dollars of prize money and international glory. In the US, some of the sport's most high-profile participants are the daughters of Bill Gates, Steve Jobs, Michael Bloomberg, and Bruce Springsteen. But despite the high stakes and noteworthy names that compete, show jumping remains far outside the public eye. Here's a look inside the exciting, lucrative, and sometimes dangerous world of show jumping:

☆ From a horseback-riding model to a secret daughter: Meet the children of Apple cofounder Steve Jobs
▼ + stars: | 2023-02-24 | by ( Grace Kay | Aaron Mok | ) www.businessinsider.com time to read: +12 min

Steve Jobs left the bulk of his fortune to his wife, Laurene Powell Jobs, when he died in 2011. Later, he had Reed Jobs, Erin Jobs, and Eve Jobs with his wife, Laurene Powell Jobs. Meet Jobs' four children and his widow Laurene Powell Jobs, and see how his legacy helped his loved ones succeed. Erin Siena JobsErin Siena Jobs is the most private of Steve Jobs' children. Vianney Le Caer/Invision/APTwenty-four-year-old Eve Jobs, the youngest of Steve Jobs' children, is a model and an accomplished equestrian.

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