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☆ Help Still Wanted: Fewer Job Openings Won’t Faze the Fed
▼ + stars: | 2023-05-02 | by ( Justin Lahart | ) www.wsj.com time to read: +1 min

Fed policy makers have been arguing that a drop in the number of job vacancies could effectively cool off the job market. Photo: Jeff Chiu/Associated PressThere was a big debate among economists and U.S. policy makers last year over whether job openings could come down without tanking the job market. Well, job openings are down and the job market is still strong, but the debate is hardly resolved. Newsletter Sign-up Markets P.M. Agenda-setting analysis and commentary on the biggest corporate and market stories from our Heard on the Street team. Data on job openings from the Labor Department and, before December 2000, from a series constructed by Federal Reserve Bank of San Francisco economist Regis Barnichon that goes back to 1951, shows that there has never been a decline of 20% or more in job openings without a substantial increase in the unemployment rate.

☆ People think AI is to blame for the mysterious case of the Spotify song with 49 different names
▼ + stars: | 2023-04-22 | by ( Will Gendron | ) www.businessinsider.com time to read: +6 min

One Spotify user was recommended the same song under 49 different names and suspects AI is behind it. Turns out, AI-generated songs are taking over conversation in the music industry. Spotify user Adam Faze took to Twitter to try to find out. except every time I looked, it was a different song name and artist entirely." He decided to add each of these recommended tracks to a playlist, which now includes 49 "different" songs.

☆ Influencer-marketing platform Grin lays off staffers across marketing, engineering, and more teams: 'Unfair and unexpected'
▼ + stars: | 2023-03-23 | by ( Amanda Perelli | Marta Biino | ) www.businessinsider.com time to read: +2 min

The layoffs affected staffers across Grin's marketing, engineering, and more teams. Grin, a marketing platform used by brands to run sponsored campaigns with influencers on social media, is the latest creator-economy startup to lay off employees. On Tuesday, the company laid off a number of staffers across its marketing, engineering, and other teams, according to multiple people close to the company. In November, a spokesperson for Grin confirmed the company had laid off 60 staffers. Those November layoffs, which affected about 13% of its staff, mostly impacted staffers in Grin's sales department, the spokesperson said at the time.

☆ Travel demand fuels a boom in Asia Pacific — in hotel rates
▼ + stars: | 2023-03-05 | by ( Monica Pitrelli | Chris Dwyer | ) www.cnbc.com time to read: +5 min

Hotel rates are at an "all-time high," Alan Watts, Hilton's Asia-Pacific president, told "Squawk Box Asia" on Thursday. In parts of Asia Pacific, hotel rates are climbing even higher. Rates in Asia are skyrocketingThe travel boom in Asia Pacific has been "phenomenal," said Watts. Average hotel rates across Southeast Asia have gone up more than 10% since 2022, according to data from the travel booking company Traveloka. Ctrip, the leading travel booking website in China, also told CNBC that average hotel booking prices in Bangkok jumped by around 70% in late January.

☆ How two high schoolers from Denmark built an NFT marketplace and secured funding through a DAO backed by Bessemer Venture Partners
▼ + stars: | 2023-02-22 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Bessemer Venture Partners has invested in the NFT marketplace OWND, which it found through its DAO. Better yet, this DAO had the backing of one of Silicon Valley's blue-chip venture firms, Bessemer Venture Partners. Bach Ryhl read all the crypto-related articles he could find on Medium and took a Web3 course on Udemy. Lunau Liechti, in particular, had been following the efforts of brands such as Nike and LVMH to launch NFT versions of their physical products. "We want to make it as easy to buy a Nike NFT as it is to buy a Nike sneaker online," Lunau Liechti said.

FaZe Clan has laid off 20% of its staff as it found itself with less capital than expected. Esports organization FaZe Clan has laid off roughly 20% of its employees in a restructuring that began in December, a company spokesperson confirmed. In the memo to staffers, FaZe CEO Lee Trink wrote that the company expects to report a year-over-year revenue increase of more than 25% for 2022. As I described, I'm extremely proud that we expect to report the revenue growth for 2022 will show an increase of over 25% from 2021. As we embark on 2023 with a more streamlined, nimbler organization, our key focus is on the core aspects of what makes FaZe FaZe, and what has allowed the brand and the business to grow at an incredible pace over the past five years.

☆ Crypto diehards aren't shaken by the turmoil. These 8 Web3 startup founders see it as an opportunity to modernize payments and games, and give creators more power over how they get paid.
▼ + stars: | 2023-01-27 | by ( April Joyner | ) www.businessinsider.com time to read: +2 min

Despite a string of high-profile collapses in the crypto industry, Web3 founders remain optimistic. They said they believed Web3 can make the global economy more accessible and enhance creativity. Yet little of this seems to faze the people seeking to build crypto and Web3 businesses in this environment, despite some venture capitalists reconsidering their level of investment in crypto and Web3. Countless founders have insisted that crypto has gotten too much attention for its excesses and blowups and not enough for its potential. So we decided to ask a few founders why they're still so bullish on crypto even after the turmoil of the past year.

☆ Nick Clegg led Meta's decision to reinstate Trump to Facebook and Instagram. Here's how the former UK deputy prime minister charmed his way into Mark Zuckerberg's inner circle.
▼ + stars: | 2023-01-26 | by ( Philip Webster | ) www.businessinsider.com time to read: +18 min

Nick Clegg has risen quickly to become one of Mark Zuckerberg's closest confidants at Meta. Clegg, a former UK deputy prime minister, led the decision to reinstate Donald Trump to Facebook. It was updated on February 16, 2022 following the news that Nick Clegg had been promoted to the role of President for Global Affairs. In a challenging economic climate, the Lib Dems and their Conservative coalition partners voted to raise tuition fees. Nick Clegg (left) and Chris Huhne appearing on the BBC's "The Andrew Marr Show" in October 2007.

☆ I'm a high-school senior who earns thousands a month editing YouTube videos. It's taught me lessons I want to apply to feature films.
▼ + stars: | 2022-12-01 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

Ayden Naenna is 17 and works part time as YouTube video editor while in school. This as-told-to essay is based on a conversation with Ayden Naenna, known as Aidden on social media, a 17-year-old YouTube video editor from Santa Clarita, California. I didn't know a lot about video editing when I started getting paid for it. The way YouTube videos are edited, however, is very different from that of movies or TV shows. With a YouTube video, it's more a brief moment that you won't necessarily think about later.

[1/34] A Ukrainian serviceman fires a mortar on a front line, as Russia's attack on Ukraine continues, in Zaporizhzhia region, Ukraine November 16, 2022. "After a trip to the ... Kherson region, one thing became clear - our people there need a lot of help. Zelenskiy said Ukrainian forces had repelled about 100 attacks in Donetsk, with no letup in the fighting. Ukraine's military said Russian forces had fired shells at a series of towns in eastern and southern Ukraine. Also hit by artillery fire were towns further west in Donetsk and in Zaporizhzhia region in southern Ukraine, including Vuhledar and Hulyaipole.

[1/34] A Ukrainian serviceman fires a mortar on a front line, as Russia's attack on Ukraine continues, in Zaporizhzhia region, Ukraine November 16, 2022. "After a trip to the... Kherson region, one thing became clear - our people there need a lot of help. Investigators in liberated areas of Kherson region have uncovered 63 bodies bearing signs of torture after the Russian forces left, Ukraine's interior minister was quoted as saying. Ukraine's military said Russian forces had fired shells at a series of towns in eastern and southern Ukraine. Also hit by artillery fire were towns further west in Donetsk and in Zaporizhzhia region in central Ukraine, including Vuhledar and Hulyaipole.

[1/34] A Ukrainian serviceman fires a mortar on a front line, as Russia's attack on Ukraine continues, in Zaporizhzhia region, Ukraine November 16, 2022. REUTERS/StringerSummarySummary Companies Redeployed Russian forces challenge Ukraine in eastUkraine minister says bodies, signs of torture found in KhersonRussia accuses Ukraine of executing more than 10 Russian POWsKYIV/KHERSON, Ukraine, Nov 18 (Reuters) - Successive waves of Russian missile strikes have crippled almost half of Ukraine's energy system, Prime Minister Denys Shmyhal said on Friday, as heavy fighting raged in areas in the east and south. "After a trip to the... Kherson region, one thing became clear - our people there need a lot of help. On that (east) bank of the river, the (Russian) forces are gathering. Ukraine's military said Russian forces had fired artillery on the towns of Bakhmut and nearby Soledar in the Donetsk region, among others.

☆ My agency make 5 figures a month managing famous gamers' social media. Here's how I built it aged just 20.
▼ + stars: | 2022-11-15 | by ( Marta Biino | ) www.businessinsider.com time to read: +5 min

Two years later, his agency, Fuji Media, has 57 clients and makes five figures a month. Here's how much he makes and his tips to grow a client base and work with big creators. This as-told-to essay is based on a conversation with Anthony Fujiwara, 20, a social-media manager from Los Angeles, California. The remaining clients work with four other editors I work with as contractors. I called the accounts things like, "Viral Fortnite Moments," "Viral Apex Moments," and, "Viral Twitch Moments."

☆ Cathie Wood, unfazed by crypto collapse and Twitter mayhem, doubles down on Coinbase and Tesla
▼ + stars: | 2022-11-10 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

A crypto crash, worsening results and insider selling didn't faze Ark Invest's Cathie Wood, who this week doubled down on a of host of her innovation stocks, including Coinbase , Tesla and Roblox . Wood snapped up shares of six companies for her flagship ARK Innovation ETF on Wednesday, including adding to some of her largest holdings, Zoom Video and Tesla. The popular investor has been adding to her Coinbase stake for two straight days, purchasing 420,000 shares Tuesday and 207,527 shares Wednesday for ARKK. Shares of the crypto exchange plunged 19.3% over the past two days as bitcoin dropped to its lowest since November 2020 amid the potential collapse of popular crypto exchange FTX. Wedbush's Dan Ives removed Tesla from the firm's "Best Ideas list" after what he called a "very nervous few months" for Tesla shareholders amid the "Twitter train wreck disaster."

☆ Read the pitch decks that helped 16 creator economy startups raise millions of dollars
▼ + stars: | 2022-11-09 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Here are the pitch decks that 16 startups used in Series A, Seed, and pre-Seed rounds. So, how do creator economy startups land those investments? Skye, a career-coaching startup, had different decks depending on the type of investor or fund they were pitching to. They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped 16 creator-focused startups to fundraise millions of dollars:

To see how much jobs in the creator economy pay, Insider analyzed salary data from 142 work-visa applications filed with the US government and decided on between October 2020 and June 2022. The pay data includes salaries ranging from a data scientist position that offers $170,000 per year at Discord to a staff engineer role that earns $250,000 or more at Patreon. At Cameo, a principal software engineer would make $230,000Steven Galanis, CEO of Cameo. Senior Manager, DevOps : $140,000: $140,000 Statistician: $116,979 to $170,000 (Spotter said it internally calls this position "Data Analyst.") At Teachable, a senior software engineer would make $150,000Teachable is a platform where creators can build and sell online courses and coaching programs.

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Jerry Lee Lewis, the rock ’n’ roll trailblazer and piano virtuoso who electrified audiences with his raucous, free-wheeling performances but attracted scandal after he married his 13-year-old cousin, died Friday, his publicist said. Jerry Lee Lewis in 1957. He is a defiant, reckless, indefatigable wild man that can rock you into oblivion,” the Rock & Roll Hall of Fame said when he was inducted in 1986. Jerry Lee Lewis with Myra Gale Brown in 1962. Jerry Lee Lewis performs in 1986.

☆ How critical infrastructure providers can align with customer efficiency goals through better product design
▼ + stars: | 2022-10-27 | by ( Sponsor Post | Created Vertiv With Insider Studios | ) www.businessinsider.com time to read: +5 min

In the data center world, there are already 2.9 gigawatts of new data center capacity currently under construction. To slow the environmental effects of this growth, critical infrastructure providers are working with greater urgency to develop high-performing products and solutions that use less water and more renewable energy. While our industry has made significant strides in recent years to improve the energy efficiency of data centers, the work is far from over. Better product design for more purpose-driven resultsTo address the challenge of enabling data center growth with less energy consumption, Vertiv has worked to improve its internal operations to deliver solutions that help contribute to customer goals in these areas. The path toward a more efficient data center will require much more than customer-manufacturer interactions.

☆ Read the pitch decks that helped 14 creator economy startups raise millions of dollars
▼ + stars: | 2022-10-27 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +2 min

The "creator economy" is catching the attention – and wallets — of notable VCs. Here are the pitch decks that 14 startups used in Series A, Seed, and pre-Seed rounds. So, how do creator economy startups land those investments? They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped 14 creator-focused startups to fundraise millions of dollars:

☆ Jury deliberations begin in trial of man accused in Wisconsin Christmas parade deaths
▼ + stars: | 2022-10-26 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

MADISON, Wis. — A Wisconsin man accused of killing six people and injuring many others by driving an SUV into a Christmas parade last year clearly intended to kill people, prosecutors told jurors Tuesday. Waukesha County District Attorney Susan Opper focused on Brooks’ intent during her closing arguments as Brooks’ monthlong trial wound down. His failure to stop after hitting the first person in the parade shows he intended to kill people, she said. A murderer is not one of them.”“You need to look in the mirror, Mr. Brooks,” Opper said during her rebuttal. Opper told the jury that she doesn’t know why Brooks entered the parade other than he was enraged.

Twitch's September announcement that it will cut creators' revenue share spawned heated backlash. "There's, yes, angst and there's a lot of noise about [revenue share] right now," said Scott. "You take the streamer rev share and you add on the Prime earning," Minton said. "It's not an easy concept to understand, but in totality, we're effectively paying a 65% rev share, if you include Prime." "The rev share split change will only make a small dent in their journey to boost profitability.

☆ Patreon's valuation plummeted 70% as it indefinitely postponed its IPO, leaked memo reveals. Here are the company's 2 priorities looking forward.
▼ + stars: | 2022-10-12 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Patreon's SVP of finance told staff in a memo last month that the company's valuation fell 70% in the past year. "Our 409A valuation has decreased substantially — by 70% — over the past year," Carlos Cabrera wrote to staff in a September 3 memo that was viewed by Insider. In the memo, Cabrera mostly attributed Patreon's declining valuation to macroeconomic conditions, as well as issues specific to the company. The $39.45 value was the highest-ever 409A valuation for Patreon, Cabrera told Insider. This likely impacted the company's valuation since 409A calculations are based partly on what comparable public companies are worth.

☆ Leaked memo reveals Patreon's valuation plunged 70% in the past year and the company is postponing its IPO plans
▼ + stars: | 2022-10-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

☆ As Russia was forced to retreat in Ukraine, Putin was opening a giant Ferris wheel — but it broke down and people had to be refunded
▼ + stars: | 2022-09-14 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Meanwhile, Putin spoke at the opening of a Ferris wheel, boasting: "There is nothing like that in Europe." But one day later, the wheel broke, trapping visitors in the air, reports said. Putin, who was accompanied by Moscow's Mayor Sergei Sobyanin, said the new attraction was 460 feet (140 meters) high, making it "Europe's largest Ferris wheel," according to TASS. But one day after his speech, the Ferris wheel ride broke down due to technical reasons, the Russian Kommersant newspaper and magazine Afisha reported. The Washington Post also reported that the Ferris wheel broke down, and that people were refunded.

Italienii au bifat prima ocazie mare, când Immobile a șutat în bară, dintr-o poziție ce s-a dovedit a fi în afara jocului. Mikel Oyarzabal a primit o pasă excelentă în adâncime și a rămas singur cu Donnarumma, însă a făcut o preluare defectuasă și faza a rămas fără urmări. Dani Olmo a ratat și el prima lovitură a spaniolilor, cu un șut peste poartă, menținând egalitatea. Cel care a greșit a fost autorul golului egalizator, spaniolul Alvaro Morata, Donnarumma parând execuția slabă. Ultimul executant, brazilianul naturalizat Jorginho, l-a executat cu sânge rece pe Unai Simon și a trimis Italia în finală.

Persons: Italienii, Spaniolii, Mikel Oyarzabal, Simon, Donnarumma, Dani Olmo, Emerson ., Federico Chiesa, Simon ., Berardi, Alvaro Morata, brazilianul, Jorginho Locations: Italia, Italiei, Alba, Belotti, Moreno, Bonucci, Alcantara, Londra, Anglia, Danemarca

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