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When Russia pounded Ukraine’s power grid with widespread and repeated waves of airstrikes last year, causing massive rolling blackouts, his wife had just given birth to their second daughter. As families like Gindyuk’s gird themselves for the possibility of another dark winter, Ukraine has been rushing to rebuild and protect its fragile energy infrastructure. The summer provided a respite for Ukraine’s power grid. “Ukraine’s power system continues to operate in an emergency mode, which affects both power grids and generation,” a news release accompanying the report said. Physical barriers have been erected around Ukraine’s high-voltage electricity transmission network, which is operated by the national energy company Ukrenergo .
Persons: Ukraine CNN — Oleksandr Gindyuk, Gindyuk, ” Gindyuk, Gindyuk’s, Vadym, , ” DTEK, , Maxim Timchenko, ” Timchenko, Volodymyr Kudrytskyi, Ukrenergo, ” Kudrytskyi, Oleksandr Prokhorenko, Kateryna, Varvara, ” Prokhorenko, Serzhan Organizations: Ukraine CNN —, CNN, Ukraine’s Defense Intelligence, United Nations, Programme, European Union, Management Locations: Kyiv, Ukraine, Russia, Russian, Spanish, Valencia
Last week, Goldman Sachs inducted 608 employees into its exclusive "MD" club. But the investment bank still made a strong showing. Close to half of the new MDs work for Goldman's all-important global banking and markets (GBM) division, which houses the investment bank. Plus, it's one step removed from partner, which is the highest title at the prestigious investment bank below the C-Suite. Last week, she was one of the 186 women to be promoted to managing director at Goldman Sachs.
Persons: Goldman Sachs, David Solomon, Goldman, There's, Chuck Schumer, Michael Bloomberg, Ilana Wolfe, Goldman Sachs Ilana Wolfe, Goldman who's, Wolfe, Stephanie Cohen, what's, She's, Fereshteh Abbasi, wasn't, Fereshteh Abbabi, Abbabi, Abbasi, I've, Matt Margolin Goldman Sachs Matt Margolin, Matt Margolin, Charles Schumer, — Margolin, Mangolin, Bank of America Merrill Lynch, VCs, Margolin, Jane Mandel Goldman Sachs Jade Mandel, Jade Mandel Organizations: Global Banking, Markets, CDC, Wealth Management, University of Pennsylvania, Stanford, Bloomberg, Bank of America, Barclays, Goldman, Goldman ' San, Asset Management Venture Capital, Growth, Equity Fund, Equity Locations: Solomon, Silicon Valley, Iran, New York, New York City, Goldman ', Goldman ' San Francisco, China, Hong Kong, Asia, America
The chief executives of Nvidia (NVDA) and AMD (AMD) aren’t just two of the most powerful people in the global AI chip industry, they’re also family. “For almost half a century now, Taiwan’s economy has been centered on electronics production, chip assembly, chip manufacturing, chip design, everything semiconductors. According to Nvidia, Huang was born in 1963 in Taipei before moving to the southern city of Tainan. “I would say anyone who logs on the internet is likely touching not just one, but dozens and hundreds of Nvidia and AMD chips,” said Miller. I would say anyone who logs on the internet is likely touching not just one, but dozens and hundreds of Nvidia and AMD chips.
Persons: Taipei CNN — Jensen Huang, Lisa Su, they’re, Su, Jean Wu, Wu, Huang, ” Su, ” Wu, ” Christopher Miller, , it’s, there’s, Hwa Cheng, Edith Yeung, Miller, Robyn Beck, AMD’s, Florence Lo, , Christopher Miller Organizations: Taipei CNN, Nvidia, AMD, CNN, Consumer Technology Association, rockstar, Technology, Bloomberg, Getty, Race Capital, ASUS, Consumer, Massachusetts Institute of Technology, Oregon State University, Stanford University, McKinsey, Associated Press, CTA Locations: Hong Kong, Taipei, Taiwan, United States, China, Silicon Valley, Silicon, Tainan, Thailand, Washington, Kentucky, New York City, Las Vegas, AFP, Santa Clara , California
Nvidia CEO Jensen Huang credited his style to his wife and daughter in a recent interview. The interest in his signature style comes as the chip maker attempts to cash in on the AI hype. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJensen Huang, the CEO of Nvidia, is rarely seen in public without his shiny black leather jacket — but he doesn't take credit for his signature style. AdvertisementAdvertisementThe CEO of the chip giant is married to Lori Huang, who he met when he was 16 in an electrical engineering class.
Persons: Jensen Huang, , Ryan Patel, Patel, Huang, Lori Huang, Huang isn't, Nvidia didn't Organizations: Nvidia, Service, Wilson Jackets, Bloomberg, Google, Microsoft
Insider examined the median earnings by field of bachelor's degree using data from the Census Bureau. Finance, accounting, and nursing are non-engineering degrees that also had high median earnings. The following chart shows median earnings based on the field of the bachelor's degree for the first major reported by survey respondents. Below are the highest median earnings by field of bachelor's degree based on just those with a bachelor's. Looking at these results, which include graduates that might have more advanced degrees, the median earnings for electrical engineering was $121,600.
Persons: Organizations: . Finance, Service, Survey
He won $25,000 for his invention, which is a cost-effective way of treating skin cancer — with soap. Heman Bekele, 14, won $25,000 in 3M's 2023 Young Scientist Challenge, for inventing a bar of soap that could be used to treat skin cancer. Bekele's soap would work by activating the skin's natural immune response to fight skin cancer. 3MOne way doctors try to treat skin cancer is by ramping up our body's natural immune response against cancer cells. AdvertisementAdvertisementThis theory has been demonstrated by other skin cancer treatments, the most common of which is a topical cream that was originally made to treat genital warts.
Persons: Heman Bekele, 3M's, , Bekele, ramping, There's Organizations: Service, 3M's Locations: Virginia
Getty ImagesHighest-paying majors are mostly STEMPayscale's recent college salary report found that petroleum engineering is currently the highest-paying major overall. After petroleum engineering, operations research and industrial engineering majors are the next highest paid, followed by interaction design, applied economics and management, and building science. The growth in STEM jobs is expected to outpace that of non-STEM jobs in the coming years, Pew also found. 'You don't always need a degree'However, in some STEM-related fields, "you don't always need a degree," according to John Mullinix, chief growth officer at Ladders. A growing number of companies, including many in tech, are dropping degree requirements for middle-skill and even higher-skill roles.
Persons: Marc Cenedella, Greenberg, Eric Greenberg, Pew, John Mullinix Organizations: U.S . Census, Greenberg Educational, College Board, Pew Research
watch nowBetween the sky-high overall cost and hefty student loan tab, more students and their families are reconsidering the value of a college education. But ultimately, it's the choice of major and type of degree that most affects your return on investment. Alternatively, those with degrees in education, elementary education, fine arts, family and consumer sciences and social work had annual earnings of less than $60,000. For example, women with computer science degrees earned $91,990, while men earned $115,500. Among economics degree holders, women earned $84,750 while men earned $107,300.
Persons: inequity, Stefanie O'Connell Rodriguez Organizations: U.S . Census Bureau . Workers, Census
She was preceded by Bankman-Fried's former close friend and college roommate Gary Wang, who was an FTX co-founder. In response to questions from Assistant U.S. Attorney Nicolas Roos, Singh said he frequently went to Bankman-Fried to voice his concerns over the company's spending. He told the court that he would tell Bankman-Fried he was "embarrassed" and "ashamed," and that the level of spending "reeked of excessiveness" and "flashiness." Bankman-Fried faces seven criminal counts related to the collapse of FTX and Alameda, including wire fraud, securities fraud and money laundering that could put him in prison for life. At the time, Singh pleaded guilty to six charges, including conspiracy to commit securities fraud, conspiracy to commit money laundering and conspiracy to violate campaign finance laws.
Persons: Nishad Singh, FTX's, Sam Bankman, Singh, Caroline Ellison, Gary Wang, Nicolas Roos, Fried, He's, Ellison, Gabe Organizations: Alameda Research, U.S, University of California, Facebook, Alameda Locations: Manhattan, FTX, Alameda, Bay, Bankman, Berkeley
Singh testified at Bankman-Fried's trial that his concerns were almost always rebuffed. In Manhattan federal court Monday, Singh testified about how he frequently questioned and pushed back against Bankman-Fried's spending sprees and investment decisions — and was almost always rebuffed. "I would hear that my opinions were already factored in, and I didn't need to continue sharing them," Singh testified. Singh testified that he came to know Bankman-Fried through a friendship with the FTX founder's younger brother, Gabe Bankman-Fried. Infighting over expensesThe pair often disagreed on money, Singh testified.
Persons: Nishad Singh, Sam Bankman, Singh, , Fried, Bill Clinton, Tony Blair, spender, Caroline Ellison, Gary Wang, Gabe Bankman, FTX, SBF, I've, Sam, Tom Brady, Gisele Bündchen, Steph Curry, Kevin O'Leary, Larry David, Jon Kopaloff, Fatih Aktas, Getty Images Singh, Michael Kives, Hillary Clinton, Katy Perry, Orlando Bloom, Ted Sarandos, Jeff Bezos, Kate Hudson, Leonardo DiCaprio, Corey Gamble, Kendall Jenner, Singh wasn't, Kris Organizations: Service, Bankman, Alameda, US Securities and Exchange Commission, University of California, Facebook, Engineering, Sequoia Capital, Yuga, Miami, Major League Baseball, of Legends, Getty Images, Anadolu Agency, K5 Global Locations: Bankman, FTX, Manhattan, Berkeley, Alameda, Bahamas, Kazakhstan, Albany
Katya Echazarreta became the first Mexican-born woman to go to space in June 2022. She became the first Mexican-born woman to go to space in 2022. I only spoke Spanish to my mom, who still hadn't learned English at that point. I didn't hear back until three years later, but during that time, I completed a space training program where I did training with microgravity, G-force, and pressurized spacesuits. Gerardo Vieyra/NurPhoto via Getty ImagesI'd always known that a Mexican-born woman hadn't traveled into space before because I'd been obsessed with this topic for so long.
Persons: Katya Echazarreta, Echazarreta, , I've, I'd, hadn't, Galileo, Juno, Gerardo Vieyra, José Hernández, Ellen Ochoa, Rodolfo Neri Vela, Fundación, It's Organizations: NASA, Service, UCLA, Jet Propulsion Laboratory, Jet Propulsion, Mars Rover, Humanity, Getty Locations: Mexican, California, Guadalajara, Mexico, Utopia Liberty
"The numbers seemed large to me," Yedidia testified Thursday in a federal court in downtown Manhattan. In a hut between paddleball courts, Yedidia expressed his concern to Sam Bankman-Fried, the CEO of FTX, who also controlled Alameda Research. AdvertisementAdvertisementA Sam Bankman-Fried, founder and former CEO of crypto currency exchange FTX in a courtroom last year. AdvertisementAdvertisementFormer FTX developer Adam Yedidia leaves after testifying during the trial of former FTX CEO Sam Bankman-Fried at Manhattan Federal Court in New York City. In the Bahamas, top employees and their significant others in both companies shared a $35 million penthouse apartment that Alameda Research paid for.
Persons: Fried, Adam Yedidia, , Yedidia, FTX, Sam Bankman, Yadidia, Bankman, Jane Rosenberg, Reuters Yedidia, Caroline Ellison, Michael M, Ellison, Gary Wang, Nishad Singh, Singh, Sam, Caroline, I'm Organizations: Alameda Research, Alameda, Service, MIT, rockstar, Reuters, Bankman, Manhattan Federal, FTX, United Arab Locations: Bahamas, Alameda, Manhattan, FTX, Alameda FTX, Bankman, New York City, Saudi Arabia, United Arab Emirates
Michael Baum's cybersecurity software company, Splunk, just sold to Cisco for $28 billion. As soon as I saw MacPaint and MacDraw, I knew I had to figure out how this worked," Baum told U.K.-based The Gentleman Magazine in 2022. Baum went on to establish himself as a serial entrepreneur, building and selling multiple software businesses before 2000. When Splunk went public in 2012, it was valued at roughly $1.6 billion. The "inquisitive nature" that drove him to learn more about Jobs' Macintosh computers "continues to drive me today," Baum told The Gentleman Magazine.
Persons: Michael Baum's, Steve Jobs, Baum, Jobs, Drexel, — Rob Das, Erik Swan —, Splunk, refashioned, he's Organizations: Cisco, Drexel University, Gentleman Magazine, BBC, Reuters, Wharton School, University of Pennsylvania, Walt Disney, Yahoo, Jobs, CNBC Locations: Philadelphia, San Francisco, France's Burgundy
"The single most important skill that everybody has pointed to is these two words: prompt engineering," Agarwal, the chief platform officer of multimillion-dollar education technology company 2U, tells CNBC Make It. Prompt engineering is essentially the skill of refining and inputting text commands for generative AI programs like ChatGPT. "How you ask for something [from a generative AI tool] is very critical," says Agarwal, the founder of online educational platform edX, which was acquired by 2U in 2021. Prompt engineering can particularly help prevent generative AI's biggest current drawback: regular occurrences of mistakes, fabricated information and other errors, all known as "hallucinations." A well-trained engineer "can stop [AI] from hallucinating by providing constraints," creating more accurate and efficient results, Agarwal says.
Persons: Anant Agarwal, Agarwal, He's Organizations: CNBC, MIT, CNBC Technology Locations: hallucinating
Mehta was replaced as CEO of Instacart in July 2021 following a messy dispute with some of the company's largest investors. Instacart Founder Apoorva Mehta in his 2003 yearbook photo from Westdale Secondary School. The app started gaining momentum and Mehta put out ads on Craigslist for shoppers to do the grocery runs for him. Whole Foods reportedly broke the news to Mehta and a fellow Instacart executive on an early morning call. In a sworn affidavit, Mehta denies that he misappropriated any trade secrets and says he's since cut ties with Singh.
Persons: Apoorva Mehta, Mehta, Safeway Mehta, Hamilton Public Library Mehta, Bing Gordon, Kleiner Perkins, Gordon, he'd, Garry Tan, Tan, Garry, Andreessen Horowitz, catapulting Mehta, Forbes, Instacart, Mike Moritz, Fidji Simo, Simo, That's, Mehta's, he's, Tejasvi, Singh, Sam Bankman, NextMed, it's Organizations: Instacart, Safeway, Westdale Secondary, Hamilton Public Library, The University of Waterloo, Amazon, NPR, Electronic Arts, YC, TechCrunch, Sequoia Capital, Khosla Ventures, Forbes, Foods, Costco, Kroger, Facebook, Sunrise Locations: India, Libya, Hamilton , Ontario, Toronto, Seattle, San Francisco, wallowing, Sequoia, Mehta's, Marin County
Nearly half of CEOs — 49% — say AI could effectively replace "most," or even "all," of their own roles, and 47% say it might even be a good thing, according to a survey from online education platform edX. The poll, published on Tuesday, surveyed 1,600 full-time U.S. workers, including 800 C-suite executives and CEOs, as well as 800 non-executive workers. "It is clear that a majority [of executives] think that AI is going to be transformative," he tells CNBC Make It. It could also tackle other CEO responsibilities, like analyzing market data and brainstorming ways to improve a business' operations, some experts say. Delegating those mundane tasks could help CEOs focus on "the things that make them CEOs ... vision and dreaming about new products and selling," Agarwal says.
Persons: Anant Agarwal, Agarwal Organizations: , MIT, CNBC Technology, CNBC
Over the course of three conversations this summer, Acemoglu told me he's worried we're currently hurtling down a road that will end in catastrophe. "There's a fair likelihood that if we don't do a course correction, we're going to have a truly two-tier system," Acemoglu told me. "I was following the canon of economic models, and in all of these models, technological change is the main mover of GDP per capita and wages," Acemoglu told me. In later empirical work, Acemoglu and Restrepo showed that that was exactly what had happened. "I realize this is a very, very tall order," Acemoglu told me.
Persons: who's, Katya Klinova, Daron Acemoglu, Simon Johnson, Acemoglu, Johnson, we've, he's, we're, Power, James Robinson, , Robinson, David Autor, Pascual Restrepo, Restrepo, John Maynard Keynes, Simon Simard, Lord Byron, Eric Van Den Brulle, hasn't, it's, Gita Gopinath, Paul Romer, Romer, What's, Daron, GPT, Asu Ozdaglar, It's, Mark Madeo, Tattong, Erik Brynjolfsson, Brynjolfsson, There's, Yoshua Bengio, Yuval Noah Harari, Andrew Yang, Elon Musk, I've, That's, Aki Ito Organizations: Getty, MIT, of Technology, Hulton, London School of Economics, Stagecoach, Technology, , International Monetary Fund, Microsoft, Asu, Companies, Computer, Greenpeace, Communications, Big Tech, Workers Locations: Silicon Valley, America, Boston, Istanbul, Turkey, Acemoglu, England, United States, Britain, Australia
You can secure a high-paying job with just about any college major, or even without getting your degree. Electrical engineering and computer engineering lead the rankings of majors with the highest median salaries and are just two of eight engineering degrees among the top 10, according to a recent Bankrate analysis of the Census Bureau's American Community Survey data. Those with electrical engineering degrees earn a median annual salary of $110,000, while computer engineering grads earn a median of $104,000. 3 spot with a median salary of $100,000, but stands out in the rankings as one of just two non-engineering degrees in the top 10. These are the majors with the highest median salaries:
Persons: Bankrate Organizations: Survey
The most lucrative college degrees are still largely held by men, a Bankrate study has found. It found that 78% of those who held the 20-highest paying bachelor's degrees were men, while only 22% were women. In electrical engineering, 85% of degree holders were men and 15% were women, with the average salary totaling $110,000. AdvertisementAdvertisementMeanwhile, bachelor's degrees where women made up the majority of degree holders were some of the lowest-paying fields. Although more women have college degrees than men and account for just over half of America's college-educated workforce, 2022 Pew Research Center Data found, they're still lagging behind men when it comes to earnings.
Persons: Rose Khattar Organizations: College, Service, Survey, New York Federal Reserve, Pew Research Center, Center for American Locations: Wall, Silicon, caregiving
Dan’s research and teaching focus is on using AI for legal services and the regulation of AI in society. For instance, we can develop AI tools to help individuals understand their responsibilities and rights, and preserve and enforce those rights. People in businesses, large and small, are already using chatbots, AI assistants and other AI tools to help them comply with laws, regulations and internal policies. Additionally, new roles are emerging in the legal industry, such as legal engineers who build systems, legal data scientists and legal operations professionals. AI tools will then quickly re-optimize decisions associated with inventory shipments, staffing and promotions.
Persons: ” That’s, Dropbox, Goldman Sachs, isn’t, Erich S, Huang, ” Erich S, Huang I’ve, Regina Barzilay, Barzilay, Geoffrey Hinton, radiologists, , , Daniel W, Linna, Dan, , ” Daniel W, Refik, Anadol, , Adam Elmachtoub, Nisreen, Theodore Kim, don’t, ” Theodore Kim Moreover, Janis Joplin, Jackie Jormp, We’re, Baz Luhrmann’s “, Gatsby, That’s, Leonardo DiCaprio, mockbusters, Eirini, GitHub Copilot, Ashok Goel, Jill Watson, ” Ashok Goel, Kristen DiCerbo, Alireza, Davis Organizations: CNN, CNET, International Association of Machinists, Aerospace Workers, Informatics, Verily, Duke Health, Biomedical Informatics, Duke University School of Medicine, Adobe, Apple, Electrical Engineering, Computer Science Department, MIT, Jameel Clinic, Machine Learning, MacArthur, National Academy of Engineering, American Academy of Arts and Sciences, Northwestern’s Pritzker School of Law, McCormick School of Engineering, Northwestern University’s CS, Center, Better Housing, UCLA’s Department of Design Media Arts, The Museum, Modern Art, Centre Pompidou, Walt Disney Concert, Department of Industrial Engineering, Research, Columbia University, NBA, Spice, Digital Organisation and Society, Royal Holloway, University of London, UK Academy of Information Systems, Yale, Pixar, Technical, Writers Guild of America, SAG, Hollywood, YouTube, Tech, Developers, Georgia Institute of Technology, National AI, Adult, Education, US National Science Foundation, Georgia Tech, Khan Academy, Systems, Studies, Agricultural Engineering, University of California, university’s, Agriculture, Labor Locations: outplacement, Iceland
I ignored my Dad's advice about saving money and investing until I saw him retire a decade before his peers. Then I watched my Dad retire at least a decade before many of his peers, and my entire perspective changed. My stepmom, on the other hand, never had plans to retire early until she started dating my Dad. Invest aggressively ... and diversifyLike most people, a 401(k) was central to my parents' retirement plan. Because they wanted to retire early, my parents had to have other investments they could rely on for retirement income.
Persons: Lizzie, stepmom, Dad, there's, they've, doesn't, Get, shouldn't, you've, you'll, Thomas, They've, I've Organizations: Service, Acura Integra —, Invest Locations: Wall, Silicon, South Africa, Germany, St, Caribbean, Europe, Panama
Adobe co-founder Jon Warnock is dead at 82
  + stars: | 2023-08-21 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +2 min
New York CNN —John Warnock, co-founder of Adobe, has died aged 82, the software company announced on Sunday. Warnock helped start the revolutionary company in 1982 with the late Charles Geschke, and transformed Adobe into a software powerhouse that became the backbone of the internet. “John’s brilliance and technology innovations changed the world,” Adobe CEO Shantanu Narayen said in a letter sent to employees. “I had an amazing teacher in high school who, essentially, completely turned me around,” Warnock said. “He was really good at getting you to love mathematics, and that’s when I got into it.”A cause of death wasn’t revealed.
Persons: New York CNN — John Warnock, Warnock, Charles Geschke, , Shantanu Narayen, ” Warnock, Geschke, ” Narayen, Warnock’s, Barack Obama, , wasn’t Organizations: New, New York CNN, Adobe, of Technology, Innovation, Marconi, University of Utah Locations: New York, Salt Lake City
The internet went wild over claims scientists discovered a room-temperature superconductor. Here's how a room-temperature superconductor could change everything:Revolutionize the medical industryMRI machines currently depend on liquid helium coolant to keep cool enough to operate. A room-temperature superconductor would go a step further in helping create these fields under normal conditions. With room-temperature superconductors, EV makers might be able to take a closer step towards delivering cheap battery-run cars. This is where room-temperature superconductors could one day step in.
Persons: It's, gloriously, Dr Niladri Banerjee, Banerjee, Michael Fuhrer, Massoud Pedram, Eugene Hoshiko, they'd, Jason Laurea, Lawrence, Robert Knopes, Getty Images Elon, Tesla Organizations: Imperial College London, Theory, School of Physics, Monash University, University of Southern, Airport, Lawrence Livermore National Laboratory, MIT's, Science, Fusion Center, Fusion Systems, Getty Images, TechCrunch Locations: South Korea, Australia, University of Southern California, Shanghai, China, Pudong, levitating, Lawrence Livermore
Want to work in tech? Don't work in tech.
  + stars: | 2023-08-08 | by ( Tien Tzuo | ) www.businessinsider.com   time to read: +8 min
I advise young engineers today to work for Fortune 500 companies, not Big Tech. Today, however, he's working on a project for a different kind of tech company: John Deere. There is no magic at Big Tech companies, there's only money. And Fortune 500 companies simply don't have the luxury of buying talent just to park it. Today, all companies are tech companies, and they all want to see more recurring revenue in their business models, which means they need smart, restless engineers.
Persons: moonshots, Jon Weisz, John Deere, Weisz, Peter Thiel, that's, Philips, Ford, Tien Tzuo, Tzuo Organizations: Fortune, Big Tech, Corporations, Oracle, Apple, Nike, Honeywell, Volvo, Boeing, Whirlpool, Technologists, Facebook, Consumer, SEI, Microsoft, EV, Cornell, Stanford Locations: Columbia, Baltimore, Hulu, Atlanta, Salesforce
There's a paradox about applying for jobs: You need experience to get the job, but in many cases, you need the job to get experience. But it hasn't been easy, since most of his work experience has taken place in a pool, not an office. As a result, when he set out on a job hunt, he was bound to encounter the employment experience paradox. He says he entered the candidate pool "with a resume that's not very robust when it comes to real-world engineering experience." But Fink managed to land a job at Quanta Utility Engineering Services, where he has worked as an assistant project manager since March.
Persons: Nic Fink, Fink Organizations: U.S ., CNBC, University of Georgia, Georgia Institute of Technology, Services
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