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☆ Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.
▼ + stars: | 2023-09-14 | by ( Mark Reeth | ) www.businessinsider.com time to read: +9 min

Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.

Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China

☆ Insider Today: Gen Z is out on college
▼ + stars: | 2023-09-05 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

This post originally appeared in the Insider Today newsletter. In today's big story, we're looking at why college isn't part of the plan for some Gen Zers. Between skyrocketing tuition costs and underwhelming salaries, some Gen Zers are skipping college altogether, writes Charlotte Lytton. A recent survey found that 40% of business leaders think recent Gen Z college grads are unprepared when they enter the workforce. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.

Persons: Dan DeFrancesco, weren't, Zers, Chelsea Jia Feng, Zers aren't, Charlotte Lytton, It's, Alix Earle, NFTs, TikTok hasn't, Earle, Alix Earle's TikToks, @alixearle, Spencer Platt, Goldman Sachs, we've, David Rosenberg, Rosenberg, Kevin Dietsch, Marc Benioff, they're begrudgingly, Arantza Pena Popo, Corizon, Sen, Elizabeth Warren, James Webb, Stephen King, Holly Gibner, Rice, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Electric, Wall, Tech, University of Miami, Getty, JPMorgan, Amazon, James, James Webb Telescope, Hubble, NASA, ESA, CSA, Costco, Kirkland Locations: Wall, Silicon, NFTs, Blackstone, Bridgewater, Seoul, New York City, San Diego, London, New York

☆ Dylan Mulvaney — whose Bud Light promotion led to conservative protests — cracked a beer joke after winning a Streamy Award
▼ + stars: | 2023-08-28 | by ( Rebecca Cohen | Grace Mayer | ) www.businessinsider.com time to read: +3 min

Dylan Mulvaney won the 2023 Streamy Award for Breakout Creator. The trans creator may have been referring to her Bud Light ad campaign that has been overshadowed by conservative protests. Mulvaney took home the award for breakout creator at the Sunday night award ceremony, beating out TikTok it girl Alex Earle and Jake Shane — a.k.a. Conservative critics called for a boycott of the Bud Light brand, and LGBTQ+ advocates called on Bud Light to make clear its support for the LGBTQ+ community. The Bud Light controversy may be dying down: Bud Light sales took a hit in the months following the April post, but are now showing signs of a rebound.

Persons: Dylan Mulvaney, Bud, Mulvaney, Alex Earle, Jake Shane — a.k.a, Drew Afualo, Keith Lee, she'd, there's, I'm, Bud Light, Bud Light's Organizations: Service, Bud Light Locations: Wall, Silicon

Moscow's actions have deprived many foreign investors of the ability to trade in Russian securities, including depositary receipts. Investors are worried about future copycat actions by other governments who might look to reduce foreign influence over their leading companies. Depositary receipts, or DRs, are certificates issued by a bank representing shares in a foreign company traded on a local stock exchange. But events in Russia have forced many investors to write down the value of depositary receipts of Russian companies to zero, given their inability to trade them. CONSEQUENCESLoss of confidence in DRs could drain needed foreign capital from firms in emerging economies, for instance.

Persons: Dado Ruvic, Peter C, Earle, Christopher Day, Michael Ashley Schulman, Goldman Sachs, III, Detsky Mir, Goldman, Otkrytie, Schulman, Grzegorz Drozdz, Malcolm Dorson, Sinead Cruise, Carolina Mandl, David Gregorio Our Organizations: REUTERS, Global, American Institute for Economic Research, Reuters, Citigroup, Companies, Citi ., Reuters Graphics, DR, Investors, Doliver Advisors, Running, Capital Advisors, Conotoxia, Russian, Thomson Locations: Moscow, Ukraine, Brazil, China, Russia, GDR, GDRs, United States, Britain, London, Carolina, New York

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File PhotoAug 4 (Reuters) - Shares of Tupperware Brands (TUP.N) surged 44% on Friday, after the kitchen storage container maker finalized a debt restructuring deal as it attempts a turnaround of its business, reinvigorating retail investors' interest in the company. It was the seventh most traded stock by retail investors at 10:00 a.m. The share gains were reminiscent of eye watering "meme stocks" rallies, where retail investors coordinate on social media and typically focus their speculative bets on companies that were financially struggling or had high short interest. Tupperware was the second most actively traded single stock by retail traders over the past week, according to a J.P.Morgan note.

Persons: Brendan McDermid, Tupperware, Bartosz, stocktwits.com, Peter Earle, Medha Singh, Savyata Mishra, Krishna Chandra Organizations: New York Stock Exchange, REUTERS, Tupperware Brands, American Institute for Economic Research, American, Corp, Thomson Locations: New York City, U.S, Florida, Bengaluru

☆ The top products Amazon influencers sold during Prime Day, from teeth whitening strips to a 'colster' for hard seltzer cans
▼ + stars: | 2023-07-31 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +2 min

This Prime Day, Amazon influencers earned 21.6 times what they do on an average day. Here's a breakdown of the top-selling products from Amazon's influencer network during Prime Day. Packages are transported on a conveyor belt an Amazon warehouse, busy on Prime Day on July 11, 2023 Soren Larson/ReutersInfluencers are central to Amazon's marketing strategy, and Prime Day is no exception. During this year's Prime Day, Amazon influencers earned 21.6 times more on average per day compared to their daily average in 2023, according to the company. These were the top-selling products promoted by Amazon influencers during Prime Day:Crest 3D Whitestrips, professional effects Yeti Rambler 12 oz.

Persons: Soren Larson, Alix Earle, Leenda Dong, seltzer, Lindsey Gamble, Levi's, Blake Organizations: Amazon influencers, Prime, Reuters, YouTube, influencers Locations: livestream

Insider is recognizing the most influential talent agents and managers for TikTok creators in 2023. In a rush, he asked a friend for talent manager recommendations; Prasuna Cheruku was the answer he got. Talent agents and managers play a critical role in helping creators turn social-media success into sustainable careers in entertainment. For the fourth year, Insider is recognizing the most influential managers and agents who are helping TikTokers build their careers. Here are the 20 most influential TikTok talent-management firms and agencies in North America, listed in alphabetical order:

Persons: Drew, Jeeezy, Jackson, Lil Uzi, Prasuna Cheruku, Cheruku, she's, that's, Danielle Pistotnik, TikTok, Brendan Nahmias, they've, Alix Earle, Mylen Yamamoto Tansingco's, Kensington Organizations: Puma, Talent, WGA, SAG, Management, Hollywood, CAA, United Talent Agency Locations: Jackson, North America

☆ How Amazon harnessed its influencer network to create buzz and sell products around Prime Day
▼ + stars: | 2023-07-14 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +4 min

Last year, Amazon influencers earned 17 times more on average per day during Prime Day than on other days. It was nearly impossible to miss out on Amazon's annual two-day sales event, Prime Day, this year. During Prime Day, Amazon released Instagram and TikTok filters, and team members kept creators updated on trending deals. Instagram influencer @nowitsclean posted a six-slide carousel to promote Prime Day and share her favorite products with followers. For some creators, Amazon Live can be "hit or miss," said Jay Kent-Hume, the cofounder of the talent management firm The Sociable Society.

Persons: influencers, Alix Earle, Leenda Dong, Jake Shane, Lindsey Gamble, Gamble, Amanda Perelli, Jay Kent, Hume Organizations: Amazon, Amazon influencers, YouTube, Facebook, influencers Locations: TikTok, Austin , Texas, Kent

☆ 'Airbnb is our wealthy man': A booking scam left a TikTok star stranded in Italy until Airbnb intervened to put her group up in a luxurious Mediterranean villa
▼ + stars: | 2023-05-26 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Her complaint video received over 6 million views in just days, and Airbnb stepped in to help. Airbnb is now receiving praise and criticism for responding so quickly and putting the group in a Positano villa. One day and 5.5 million views later, the group of about 10 women are spending their European vacation in a villa overlooking the Mediterranean Sea thanks to Airbnb. "Upon investigation, we can now confirm that this fake villa listing was not booked via Booking.com, but instead found on a fake copycat website," the statement read. Social media commentator Jack Appleby wrote in a tweet that the video of Earle thanking Airbnb garnered close to two million views in four hours.

These publicists help bridge the gap between traditional media and the creator economy. They represent influencers on platforms like TikTok, YouTube, and Instagram. These high-profile influencers use PR professionals to help them craft their images and land them media appearances. In our fourth annual power list, Insider is spotlighting top publicists and PR pros working with creators on Instagram, TikTok, YouTube, and Twitch. We chose the PR professionals based on factors like their roles, responsibilities, and impact on their clients and the creator economy broadly.

☆ Opinion | They Wrecked Britain, and They’re Not Going Anywhere
▼ + stars: | 2023-04-27 | by ( Samuel Earle | ) www.nytimes.com time to read: +2 min

LONDON — As Britain prepares for the coronation of its new king, an end-of-days feeling is sweeping the nation. The Conservative Party is polling 15 points behind the opposition, and the popularity of Prime Minister Rishi Sunak, the Conservatives’ fifth leader in seven years, remains obstinately low. No matter what happens in the next election, the historic vessel of Britain’s ruling class is not going anywhere. By many accounts, the Conservative Party is not just the oldest but also the most successful political party in the world. Next year, Tony Blair will be the only Labour leader to have won an election in half a century.

For the fourth year, Insider is recognizing the top PR reps for influencers and content creators. These publicists help bridge the gap between traditional media and the creator economy. These high-profile influencers use PR professionals to help them craft their images and land them media appearances. In our fourth annual power list, Insider is spotlighting top publicists and PR pros working with creators on Instagram, TikTok, YouTube, and Twitch. We chose the PR professionals based on factors like their roles, responsibilities, and impact on their clients and the creator economy broadly.

☆ Bangladesh to pay Russia $300 million in Chinese yuan for a nuclear plant loan
▼ + stars: | 2023-04-21 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Bangladesh will pay Russia $318 million worth of yuan for a loan payment on a nuclear power plant. Russia, whose state-owned Rosatom is building the nuclear plant, had initially insisted on payment in rubles and refused yuan due to concern over potential conversion losses, according to Bloomberg. But a representative for Rosatom confirmed to the Washington Post that the loan payment will be made in yuan. The payment is partial reimbursement for a $12 billion loan the South Asian country previously received from Moscow, and will help fund a nuclear power plant near the capital city of Dhaka. Bangladesh's yuan payment is the latest example of de-dollarization.

☆ Tomorrow Is Earth Day. Let’s Celebrate Our Harbor.
▼ + stars: | 2023-04-21 | by ( James Barron | ) www.nytimes.com time to read: +1 min

Weis, a professor emerita at Rutgers University and a former president of the American Institute of Biological Sciences, nominated the estuary. “That’s not the people I was hoping to reach. “We haven’t met the goals of the Clean Water Act,” he said. “The spring runs of American shad up the Hudson River were once legendary,” he said. “Now it’s just a fraction of what it was.” He said the same was true of herring and other migratory fish.

☆ Fears that the US dollar will collapse are nonsense, and doomsayers are often hawking gold, investment chief says
▼ + stars: | 2023-04-15 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Dollar collapse fears are bogus as the greenback can't be replaced anytime soon, Brad McMillan said. A lot of the talk is often from doomsayers trying to push gold, Commonwealth Financial's CIO said. The dollar "is not only the established choice and, in most cases, the smart choice, but it is the only choice." "Frankly, a lot of the talk is nonsense designed to panic you into buying something the doomsters are trying to sell, often gold," he wrote. "As far as the markets are concerned, the dollar is still where it has always been.

☆ How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist
▼ + stars: | 2023-04-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Today's newsletter may not include a job offer, but it will give you a better grasp of what to look for in this still-hot labor market. I'm excited to share this week's conversation with one of the leading experts on jobs and hiring trends. How is that showing up in the labor market? What about the role of AI in the labor market? What do you think of Berger's insights on the labor market?

☆ See inside a writer's historic houseboat that travels England's canals. The nights are cold, she's always covered in coal oil, and the lifestyle can be dangerous, but she wouldn't have it any other wa
▼ + stars: | 2023-04-06 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

Warwickshire, England, native Elizabeth Earle lives on a narrowboat and chronicles her adventures. The upkeep of living on a boat all year can be exhausting, but Earle does it for the adventure. The author and illustrator from Warwickshire, England, has lived on a 70-foot narrowboat that traverses the country's canal system since April 2022. "This boat's absolutely rinsed me," Earle told Insider. "I just want to lead an extraordinary life," she told Insider.

☆ 5 hot beauty trends shaping the future of the industry, according to an influencer who advises companies and an investment fund
▼ + stars: | 2023-03-22 | by ( Nhari Djan | ) www.businessinsider.com time to read: +6 min

The fund, called BrainTrust Founders Studio, invests in Black beauty and wellness companies. Newby scouts for the BrainTrust Founders Studio, which helps fund Black founders of beauty and wellness brands, incubate, and scale their businesses. "That would not have been enough time for a brand to to basically create an entire slugging product," Newby said. "I believe, contrary to many, that red carpet and Fashion Week beauty trends still drive a lot," Newby said. Black skincare brands are evolving their formulas, and will lead the clinical skincare industryAs an investor in Black founders, Newby has noticed that Black skincare brands are developing more advanced formulas.

☆ An influencer who scouts for VC firms breaks down 5 beauty industry trends to watch in 2023
▼ + stars: | 2023-03-20 | by ( Nhari Djan | ) www.businessinsider.com time to read: +6 min

The fund is the part of VC firm BrainTrust that invests in Black beauty and wellness companies. Newby shared her top five trends to watch in the beauty industry in 2023. "That would not have been enough time for a brand to to basically create an entire slugging product," Newby said. "I believe, contrary to many, that red carpet and Fashion Week beauty trends still drive a lot," Newby said. Black skincare brands are evolving their formulas, and will lead the clinical skincare industryAs an investor in Black founders, Newby has noticed that Black skincare brands are developing more advanced formulas.

☆ I'm a 34 year old who lives on a boat in the canals of England. It was the least expensive way to buy a home and allows me to lead an extraordinary life.
▼ + stars: | 2023-03-09 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Elizabeth Earle is a freelance author and illustrator in England who lives on a 70-foot narrowboat. Earle said living on a boat is cheaper than a house, but licenses and insurance also come at a cost. I moved to the Caribbean, renovated this boat, and adopted a street dog who hated sailing. I don't have a mortgage, but I still have monthly expenses to payThere are several things you need to live the boat life. Earle is happy living on a boat and has no current plans to settle on land.

☆ Gas, airfares, car insurance: How transportation costs are impacting high inflation
▼ + stars: | 2023-02-17 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Xinhua News Agency | Xinhua News Agency | Getty ImagesMeanwhile, fuel oil dipped 1.2% in January but was up 27.7% for the past 12 months. While high gas prices made headlines in 2022, prompting gas tax holidays in some states, those prices have subsided from last year's highs. Gas prices "did rise in January and that was mostly due to the weather," said Andrew Gross, spokesperson at AAA. Other transportation costs are in fluxNew vehicles are up 5.8% over the past 12 months ending Jan. 30, and up 0.2% for the month. However, used cars and trucks, a category that surged during record high inflation, are now down 11.6% for the past 12 months and down 1.9% for January.

☆ Economists still worry recession could be on the way. But here's how a soft landing may still be possible
▼ + stars: | 2023-02-16 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

"We are still on the path to lower inflation rates," House said. Economists said they still expect a recession following the new January inflation data. But the Federal Reserve lacks tools to prompt that area to cool off, he said. The new data shows slowing disinflation, he said, while the Federal Reserve will probably have to hold rates higher for longer. A 'Goldilocks scenario' could bring a soft landingThere is still hope, however, that the central bank may execute a so-called "soft landing," according to House.

☆ Black women on TikTok want to know, ‘Where’s our Alix Earle?’
▼ + stars: | 2023-01-30 | by ( Uwa Ede-Osifo | ) www.nbcnews.com time to read: +7 min

TikTok creator Danessy Auguste has spent the past few weeks feeling confused over the frenzy surrounding influencer Alix Earle. But for white women, their least successful videos, on average, still have the capability to reach millions of viewers, Boffone said. What would it take to get a ‘Black Alix Earle’? Adding another dimension to the Alix Earle discourse, one influencer posed a provocative question:“Do we deserve an Alix Earle?” Niké Ojekunle, who goes by @specsandblazers on TikTok, said in a video. Communal support with trends such as #BlackGirlFollowTrain have already allowed Black women to intentionally engage with one another’s content.

☆ Tyre Nichols: After his fatal beating ignited rage, Memphis streets remained calm despite warnings
▼ + stars: | 2023-01-29 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +12 min

Some residents told Insider they hunkered down all of Saturday expecting the worst. "It could have been me," he told Insider, asking only to be identified by his first name in fear of his job. Demonstrators protest in Memphis on Jan. 28, 2023 following the release of video showing the deadly encounter between Tyre Nichols and police. Demonstrators protest in Memphis on Jan. 28, 2023 following the release of video showing the deadly encounter between Tyre Nichols and police. Demonstrators protest in Memphis on Jan. 28, 2023 following the release of video showing the deadly encounter between Tyre Nichols and police.

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