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☆ Reddit Co-Founder and Wheelhouse CEO launch social media site aimed at collectors
▼ + stars: | 2024-02-20 | 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 EmailReddit Co-Founder and Wheelhouse CEO launch social media site aimed at collectorsAlexis Ohanian, Seven Seven Six founder and co-founder of Reddit, and Brent Montgomery, Founder & CEO of Wheelhouse, join 'Fast Money' to talk their new social media venture 'Mantel', a site meant to bring collectors together.

Persons: Alexis Ohanian, Brent Montgomery Organizations: Seven, Wheelhouse

☆ Why looking for a job can feel like looking for a date
▼ + stars: | 2024-02-18 | by ( Tim Paradis | ) www.businessinsider.com time to read: +5 min

Job seekers often churn out what can feel like endless applications, going for gigs that might not even exist. And I think with job interviews, how much can you really gauge from a résumé or a cover letter?" Another parallel he sees: Fake job listings that feel like the dating equivalent of catfishing. "I've found getting a job easier than getting a date," one Reddit user posted. "I keep getting spammed on LinkedIn with job offers from recruiters despite setting my status to not looking for a job.

Persons: Grant Waldvogel, It's, Waldvogel, Zer, he's, there's, I've Organizations: Service, Business

☆ Tax refund season could boost these stocks favored by small investors
▼ + stars: | 2024-02-15 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

The Bank of America traders put together a basket of stocks that proxy the most retail participation. Which stocks do small traders love Take a look at some of the stocks in Bank of America's list of retail investor-favorite proxies. Nvidia shares have rallied nearly 19% this month ahead of its earnings release Feb. 21. NVDA 1Y mountain Nvidia shares over the last 12 months AMD shares have also doubled over the last 12 months. However, this year has been a different story for the stock; shares took a large hit after the company's first-quarter forecast fell short of investors' expectations.

Persons: Tesla, Max, — CNBC's Michael Bloom Organizations: Bank of America, Bank of, Dow Jones, AMD, Nvidia, of, Wall, Boeing, Alaska Airlines Locations: Bank

☆ Target is limiting self-checkout hours in some stores as the retailer continues to battle missing inventory
▼ + stars: | 2024-02-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTarget’s self-checkout reckoning continues as the retailer is cutting the hours of operation for self-service lanes at some of its stores. The move does not yet include all of the company’s nearly 2,000 locations, but employees told Business Insider that store staffing levels and sales volumes are key factors in the decision. In particular, Target is aiming to keep the percentage of overall store sales through self-checkout below a certain threshold, the workers said. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Business, Target, BI, Workers, Walmart, Kroger Locations: Illinois, Oklahoma, Michigan

☆ Temu's Super Bowl ad reveals we've been saying its name wrong
▼ + stars: | 2024-02-12 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

The ultra-discount retailer Temu bought an eye-popping three $7 million Super Bowl ad spots. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Though not quite a rebranding, this pronunciation is new for the two-year-old e-commerce site, which aired its first (single) Super Bowl commercial last year. In that ad, Temu is clearly (and predictably) pronounced "tee-moo." Those results make the estimated $21 million look like money well spent for Temu's parent company, PDD Holdings.

Persons: —, PDD Organizations: Temu, Service, Super, PDD Holdings, JPMorgan Locations: Temu, China

☆ Wall Street sees a better backdrop for IPOs. Great news for these 2 portfolio stocks
▼ + stars: | 2024-02-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Wall Street is forecasting a better backdrop for companies that want to go public. While lower rates can stoke the IPO market, fewer rate cuts because the economy remains strong with cooling inflation should still be viewed as favorable. The IPO market and mergers and acquisitions (M & A) activity started to sour when the Fed began hiking interest rates back in March 2022. A strong IPO market overall is expected to also benefit burgeoning biotechnology firms, which would mean more business for Danaher. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: That's, Goldman Sachs, Goldman, Morgan Stanley, Danaher, Morgan, Morgan Stanley didn't, Ted Pick's, Jim Cramer, Morgan Stanley's, Raymond James, —, Jim Cramer's, Jim, Brendan Mcdermid Organizations: Federal, stoke, UST, Goldman, Fed, Companies, IB, Danaher, Biotech, Silicon Valley Bank, CNBC, Traders, New York Stock Exchange Locations: U.S, Silicon

☆ This CEO built his company for $60 in one weekend—it brought in $80 million last year: 'You can copy my model'
▼ + stars: | 2024-02-12 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

Kagan founded AppSumo over a weekend in 2010, spending $60 on a developer and a domain name. It took Kagan, now 41, just a few days in 2010 to found AppSumo, a company which brought in about $80 million in revenue last year. Get started nowYour natural instinct when looking to start a business may be to learn as much as you possibly can. "You have to practice the skill of asking," Kagan says. "Asking someone to be your customer, asking someone to be your partner, asking someone for feedback on your idea."

Persons: Kagan, AppSumo, Noah Kagan's, didn't, They'll, Get, You've, —, you'll Organizations: Apple, PC, PayPal Locations: Pakistan

☆ Dumb jokes, lateness, and saying 'literally': 11 habits most likely to give hiring managers the ick
▼ + stars: | 2024-02-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +8 min

AzmanL/Getty ImagesHuman resources leaders urge job applicants to prepare questions to ask during the interview or risk being perceived poorly. Getting the recruiter's name wrong —24.4%Going into the interview without knowing who's interviewing you can rub recruiters the wrong way. Not dressing appropriately — 28.2%Wearing a questionable outfit to your job interview could make a bad impression on the recruiter. Getting the name of the company wrong — 28.4%You may be interviewing for multiple jobs at a time. Obradovic/Getty ImagesThe biggest pet peeve for hiring managers, Ringover's survey shows, is when a job candidate is late to the interview.

Persons: —, Amy Hoover, TalentZoo, Teri Hockett, sturti, CareerBuilder, fizkes, Obradovic, Tardiness Organizations: Service, What's, Getty, LinkedIn, Zapier

☆ True Love. Is There a Hack for That?
▼ + stars: | 2024-02-09 | by ( Callie Holtermann | ) www.nytimes.com time to read: +1 min

Something similar exists among those swiping for love on dating apps. In the past year, Ali Jackson, a 36-year-old dating coach in Brooklyn, has been struck by how many people have come to her asking about “hacks” they have seen online, which they believe will help them overcome barriers between their profiles and true love. These are not really tips for dating but for outmaneuvering dating apps. On TikTok and Reddit, users recommend deactivating and reactivating your account, rejecting a string of attractive profiles or temporarily switching your location to a different city. Each of these moves, proponents say, could scramble the app’s algorithm into offering the user better options.

Persons: “, Ali Jackson, ”, Lakshmi Rengarajan Organizations: Match Group Locations: Brooklyn

☆ Shopify is launching an ad product that takes a page from Meta's playbook
▼ + stars: | 2024-02-08 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Shopify quietly announced a program last week where it will buy Google and Meta ads on behalf of its merchants. This new program, called Shop Campaigns, is the first time Shopify is providing full marketing services for its merchants. However, Shopify Audiences is only available to Shopify's large enterprise merchants to help supplement their existing ad campaigns. Shopify claims that Shop Campaigns have helped brands like Thrive Cosmetics and Caraway acquire more than 1 million customers. He compared Shopify Campaign to Meta's now defunct Audience Network, where Meta placed ads on publishers' websites outside of Meta.

Persons: Shopify, Baranauskas, —, Glen Coates, James Borow, spender, Meta, They're, Borow, Mike Ryan Organizations: Google, Meta, Business, Audience Network, Facebook Locations: adtech, Meta, Shopify

☆ Tortured Poets’ or Poets? Taylor Swift Meets the Apostrophe Police.
▼ + stars: | 2024-02-07 | by ( Victor Mather | ) www.nytimes.com time to read: 1 min

When Taylor Swift announced at the Grammys that the title of her new album would be “The Tortured Poets Department,” what was your reaction? Her first new album in more than a year. I can’t wait!”Maybe it was: “Ho-hum. “I ruined this album release for my students by making it a lesson on apostrophe usage,” Erin Weinberg, an instructor in the department of English, theater, film and media at the University of Manitoba, wrote on X. (Others opined via Reddit, TikTok and elsewhere.)

Persons: Taylor Swift, “, Shostakovich, ” Erin Weinberg Organizations: Poets Department, University of Manitoba Locations: Reddit

In December, Shannen Doherty accused Alyssa Milano of getting her fired from the show. Writing about her time working on "Charmed," Milano added in the caption that she had "absolute certainty" that "everything was documented." "The studio, Aaron Spelling, and network made the decision to protect the international hit that was Charmed," Milano added. The drama between Milano and Doherty kicked off in December 2023, when Combs said Milano threatened to sue 'Charmed' producers if they didn't fire DohertyHolly Marie Combs and Shannen Doherty together in 2001. Three days later, Milano tweeted asking women to reply "Me Too" if they had been sexually harassed or assaulted.

Persons: Shannen Doherty, Alyssa Milano, Milano, Doherty, —, Rose McGowan, Holly Marie Combs, didn't, Gerardo Mora, Phoebe Halliwell, Combs, Piper Halliwell, Prue Halliwell, Holly, Shannen, Aaron Spelling, McGowan, Milano's Instagram, Doherty Holly Marie Combs, Vince Bucci, Jonathan Levin, we've, Alyssa, it's, Levin, she'd, Harvey Weinstein, HW, Weinstein, Tarana Burke, Burke, Joe Biden, Brian Krause, Drew Fuller Organizations: Service, Orlando, Orange County Convention Center, Milano, CBS Studios, Spelling Television, Business, The New York Times, Yorker, BI Locations: Orange County, Orlando, Beverly Hills, Beverly

☆ Don't forget your Apple Vision Pro password or else
▼ + stars: | 2024-02-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Read previewDid you forget the passcode to your Apple Vision Pro? "Is there a method to reset the Vision Pro when the login password is forgotten?" Apple didn't immediately respond when asked if a future software update would allow Vision Pro users to reset their passcode on their own. These issues with the Vision Pro appear to be the first ones that have come to light since Apple's splashy release. AdvertisementAround 200,000 Vision Pro headsets were reportedly sold when preorders opened in mid-January.

Persons: —, Reddit, Apple didn't, Insider's, Jordan Hart, preorders Organizations: Service, Apple Vision, Apple, Bloomberg, Business, Vision, Pro

☆ Algorithms, bias and hallucinations: 20 important AI terms investors should know
▼ + stars: | 2024-02-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +25 min

Generative AI Neural networks are the heart of the increasingly popular type of AI known as generative artificial intelligence , or gen AI for short. Both traditional AI and gen AI systems rely on data and can be used to automate decision-making tasks. Microsoft's AI virtual assistant Copilot — which went live in November — is perhaps the most prominent generative AI feature among our portfolio companies. Bias Bias is another downside to AI systems — and LLMs in particular — that users need to consider. While GPUs have the upper hand in AI training, CPUs are understood to perform AI inference well.

Persons: OpenAI's, —, We've, that's, Chirag Shah, Shah, Mark Riedl, Bruce Springsteen, Einstein, Copilot —, Springsteen, OpenAI, it's, Riedl, Harry Potter, I've, ChatGPT, University of Washington's Shah, there's, he'd, Georgia Tech's Riedl, LLMs that's, Georgia Tech's, Meta, Grace Hopper Superchip, Jim Cramer's, Jim Cramer, Jim Organizations: Broadcom, Microsoft, Meta, Nvidia, Apple, Chirag, University of Washington, Google, Georgia Tech's School of Interactive Computing, YouTube, Netflix, Amazon, Facebook, Reuters, U.S, University of Washington's, OpenAI, New York Times, Club, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, Barcelona, U.S, WhatsApp, Istanbul, Georgia

☆ The Fall of the Timepiece Gentleman, the Luxury Watch Dealer Who Ran Afoul of the Feds
▼ + stars: | 2024-02-04 | by ( David Kushner | ) www.businessinsider.com time to read: +29 min

Farrer is better known as the Timepiece Gentleman, the flashiest online dealer in the $75 billion luxury watch trade. All he needed was the right name for his luxury watch business — something distinctive, something memorable. In his mind, he pictured what the ultimate luxury watch dealer would look like. To launch his career as the Timepiece Gentleman, Farrer boned up on the jargon of horology, from escape wheels and spring barrels to flinques and guilloches. Despite the staggering size of the luxury watch trade, nobody had thought to market its glamour and mystique.

Persons: Reddit, I've, Anthony Farrer, Farrer, Mark Wahlberg, Marky Mark, Patek Philippes, Sharf, Prada, he'd, Cameron, Travis Baker, chronograph, Richard Chance, He'd, timepieces, Farrer boned, they're, Kevin Hart, It's, Buyers, Darby McVay, McVay, Liz Guilliams, Guilliams, You've, Dallas —, Crimepiece, vouching, Santa Monica, —, Darth Vader, y'all, reselling, Anthony, stiffing, Wesley Stokes, Stokes, Bob Schober, Joe Haden, Richard Mille, Schober, He's, Peter, Paul, didn't Organizations: YouTube, FBI, Timepiece Gentlemen, Watch, Buffalo Wild Wings, Business, Boston Consulting Group, Texans, Craigslist, Lamborghini, Malibu, Downtown, Hollywood, Cleveland Browns, TPG, Ducati, Venice Locations: Venice , California, Venice, backwoods Texas, Reddit, cowpoke, Sherman , Texas, Dallas, It's, Salt, Riding, Los Angeles, In Dallas, LA, Santa, Texas, Downtown Los Angeles, South Carolina, Scottsdale , Arizona, Stokes

☆ Advertisers slashed spending on X by more than 55% ahead of this year's Super Bowl
▼ + stars: | 2024-02-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Last year, Adweek reported, major advertisers started shifting their Super Bowl strategy away from the X platform in favor of sites like TikTok and Reddit. According to MediaRadar's analysis of this year, the same advertisers slashed spending ahead of Super Bowl LVIII on the platform by 55%, to $21.1 million. The report found that despite the cuts, BetMGM, alongside Oreo, remained among the top spenders for the upcoming Super Bowl. AdvertisementX's advertising exodus comes for the Super BowlOn X, per AdAge magazine, the cost to create a promoted trending topic is $700,000 during the Super Bowl. "It also shows the race to the bottom that the X platform has fallen into," he added.

Persons: —, Adweek, MediaRadar, BetMGM, Musk, Todd Krizelman, Jeff MacDonald, Mekanism Organizations: Twitter, YouTube, Service, Sunday, Facebook, Bowl, NFL Enterprises, McDonald's, Oreo, Super, CNN, Kansas City Chiefs, San Francisco 49ers, Elon, Insider Intelligence, Business Locations: MediaRadar

☆ 'True Detective: Night Country' writer shrugs off criticism from the show's creator Nic Pizzolatto
▼ + stars: | 2024-02-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +2 min

Nic Pizzolatto, the creator of the hit show "True Detective," hit out at the crime drama's fourth season, the first he did not write. "True Detective: Night Country," which stars Jodie Foster and Kali Reis, was written by Mexican filmmaker Issa López. He also called links in the show to earlier "True Detective" seasons "so stupid." Jodie Foster and Kali Reis in "True Detective: Night Country." "So, if you liked last night's [episode] and have a Rotten Tomatoes account, maybe head over there and leave an audience review?"

Persons: Nic Pizzolatto, Jodie Foster, Kali Reis, Issa López, Pizzolatto, López, Woody Harrelson, Matthew McConaughy, James Bridges, Esquire, Michele K Organizations: Rotten, Twitter Locations: Mexican

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs this the end of Google Search? How the giant could lose its leadA perfect storm is coming for Google Search. Younger platforms like TikTok and Reddit are becoming younger consumers' go-tos. All while Microsoft and Satya Nadella try to steal share and make the "800-pound gorilla" dance. This week on TechCheck, how to lose a lead -- is this the end of Google Search as we know it?

Persons: Satya Nadella Organizations: Google, Microsoft, Apple

☆ Walmart's facial ID tool to combat fraudulent Spark delivery drivers is kicking legitimate workers off the app
▼ + stars: | 2024-02-02 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

BI spoke with another Walmart Spark worker who said they were deactivated immediately after trying to complete the identity verification late last year. AdvertisementGig workers for apps like Spark, Instacart, DoorDash, and Grubhub often have their accounts suspended with little notice or explanation. The rollout comes after some Walmart Spark drivers were found using multiple accounts under false identities to claim more orders and make more money. "The third-party identity verification tool is working as intended. "My account was deactivated after the identity verification," one post from November on r/Sparkdriver reads.

Persons: Chastity Lopez, Lopez, she's Organizations: Walmart, Drivers Locations: New York, Alabama

Mint is set to shut down in 2024, and some users are switching to the budgeting app Monarch Money. One of the most hyped-up Mint alternatives among Reddit users is the budgeting app Monarch Money. Find out why some Mint users are switching to Monarch Money and decide whether it's a good option for you. Monarch Money FAQsWho is the founder of Monarch Money? Monarch Money allows you to create a budget, set savings goals, track your net worth, and analyze your cash flow.

Persons: —, Karma, Val Agostino, You'll, you've, Jon Sutherland, Ozzie Osman Organizations: Service, Mint, Money, Intuit, Karma, Monarch, Plaid

☆ The Gen Z gender gap is widening, and the influence of manosphere podcasters can't be ignored
▼ + stars: | 2024-02-01 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

There's an ideological gap widening between Gen Z's young men and women. Half of young men also believe they face some kind of discrimination, and less than half identify as feminists. Sharing the data, journalist and lawyer Imani Gandy commented on the pattern, saying: "YouTube algorithms are turning young men into sociopaths." "Women are going to rise up and women are going to take over everything and feminism is awful and women hate us," Stein said. "If you're being rewarded by the algorithm and by the platform you're creating on, you're going to probably keep doing it," she said.

Persons: Z's, —, haven't, Daniel Cox, Imani Gandy, Trump, — Imani Gandy, Andrew Tate, Pearl Davis, Myron Gaines, cohost, Gaines, Weekes shaming, Davis, Tate, Krysten Stein, might've, Stein Organizations: Service, Survey Center, University of Chicago Locations: sociopaths

☆ The IPO market is looking very shaky and facing challenges galore
▼ + stars: | 2024-02-01 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The IPO market is looking very shaky and confronted with a host of challenges that are holding it back. Regardless, recent IPO performances have been poor across the board. IPO investors cheered the advance by bidding up the Renaissance Capital IPO ETF (IPO), a basket of recent IPOs, in December, assuming the IPO market would open up. CNBC's Jim Cramer, speaking early Thursday on Squawk on the Street , highlighted another obstacle for IPO buyers: investors are getting comfortable returns elsewhere with far lower risk. When David Faber asked why the IPO market was off to such a slow start with the markets so strong, Cramer replied, "I think it's the five percent solution," he said, referring to the ocean of money still sitting in money market funds.

Persons: Jay Powell's, Birkenstock, Smith Douglas, Amer, Greg Martin, Martin, Matt Kennedy, Kennedy, What's, Rainmaker, Del, CNBC's Jim Cramer, David Faber, Cramer Organizations: Amer, Wilson, NYSE, Smith Douglas Homes, BrightSpring, Renaissance Capital, Rainmaker Securities, Renaissance, Microsoft Locations: EBITDA, Squawk

☆ Sephora hit $10 billion in revenue and workers aren't happy that all they got was a 'stale cookie'
▼ + stars: | 2024-02-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Beauty chain Sephora hit a big sales milestone in 2023, but the workers who helped to make it happen say all they got was a "stale" cookie as thanks. But that didn't keep a subreddit dedicated to Sephora employees from trashing the presents. "They really don't reward us for the work and mental energy it takes to be a Sephora employee," she told BI. "There's just so much more they could do and they chose to send stale cookies." Are you a current or recent Sephora employee?

Persons: — didn't, Sephora, — Organizations: Black Locations: North America

☆ Who is Elly Conway? Everything to know about the mysterious author at the center of the movie 'Argylle'
▼ + stars: | 2024-01-31 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

Matthew Vaughn's "Argylle" stars Bryce Dallas Howard as an author named Elly Conway. The film is based on a book written by a supposedly real-life author named Elly Conway. AdvertisementMatthew Vaughn's latest action movie "Argylle" has been garnering lots of attention lately, and fans are demanding to know the identity of first-time author Elly Conway. AdvertisementVery little is known about ConwayBryce Dallas Howard as Elly Conway in "Argylle." "I am begging Elly Conway to come out of the shadows because this Taylor Swift thing freaked me out.

Persons: Matthew Vaughn's, Bryce Dallas Howard, Elly Conway, Conway, Vaughn, it's Taylor Swift, —, Conway Bryce Dallas Howard, Peter, MARV Conway's, Jason Fuchs, Henry Cavill, Samuel L, Jackson, Ian Fleming's, Ellie, Elly, Alfred Solomon, Matthew Vaughn, Peter Mountain, MARV, Argylle, Instagram, who's, Terry Hayes, Hayes, James Gray, Taylor Swift Taylor Swift, Anita Ko, Kevin Mazur, Swift, she's, Nils Sjöberg, Conway's, Meredith Grey, Chip, it's, Taylor Swift, Claudia Schiffer, Rolling Stone, Schiffer, Alfie, Taylor Organizations: Service, Universal Pictures, Apple, Apple Original Films, Bantam Books, Random, Penguin Random, New Yorker, Twitter, The Hollywood, Washington Post, argyle, Netflix Locations: United States, New, New York, Swift

☆ Instacart quietly deletes its unsettling AI-generated food pics
▼ + stars: | 2024-01-31 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +3 min

Instacart confirmed on Sunday it was using AI-generated imagery and recipes. The AI images featured physically impossible compositions, unnatural shadows, and strangely blended textures. Other recipes discovered by Reddit users, meanwhile, had the AI-generated images replaced with what appears to be stock photography. Some AI-generated imagery was still live on Instacart's site as of Wednesday. A startup is using text-to-photo technology to create AI imagery based just on menu descriptions to help restaurants build out online menus without paying for photography.

Persons: Instacart, —, Fry, Instacart Instacart Organizations: Service, Mac

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