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☆ Federal prosecutors are investigating whether Amazon hid injury rates to fraudulently secure loans
▼ + stars: | 2023-01-19 | by ( Katherine Long | ) www.businessinsider.com time to read: +3 min

Prosecutors are investigating whether Amazon deceived lenders about its injury rates. The citations were the latest in a string of fines leveled against Amazon for putting workers at risk of such injuries. In his first letter to shareholders last April, Amazon CEO Andy Jassy cited misleading statistics to claim that Amazon's injury rate is "sometimes misunderstood." The investigation is taking place as regulators and media have increased their scrutiny of injuries in Amazon warehouses. Workers at Amazon warehouses are four times as likely to suffer such injuries as workers in non-Amazon warehouses, a review of Washington state workers' compensation data showed.

☆ Apple is looking for a top sales executive to spearhead a giant advertising push in sports and streaming. Here are 16 execs who could score the job.
▼ + stars: | 2023-01-19 | by ( Claire Atkinson | Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +15 min

Netflix also conducted a search before hiring two Snap executives, Jeremi Gorman and Peter Naylor, to lead its new ads business. XandrLesser, a longtime digital ad executive, has extensive experience working on issues around the future of digital marketing. McDonald has a ton of other digital ad sales and publishing experience. She helped launch Modi Media, ad buying giant GroupM's addressable TV business, before joining TV adtech startup Cadent. UnivisionValentino runs Disney's digital ad business as EVP, client and brand solutions.

☆ 3 DEI mistakes companies made in 2022—and how they can be fixed this year
▼ + stars: | 2023-01-19 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

And that's the way I felt when I was working in corporate, is that the DEI initiatives were not for me. According to Clarke, these are the things companies got wrong in 2022, and ways to fix them in 2023:Not providing the support — or budget — for DEI plans to thrive. There's all these layoffs and leaders have to make budget decisions, and DEI got deprioritized," Clarke says. If companies don't prioritize DEI efforts by providing actual support, Clarke believes things won't change. How many companies have hired a Chief Diversity Officer and then didn't give them a budget or a robust team?

☆ We sold our belongings and bought a $2.5 million cabin on a luxury residential cruise ship that will sail the world. Here's what we're excited about and how we're preparing to live at sea.
▼ + stars: | 2023-01-19 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +8 min

We got the whole ship, and we're going to be going ashore as much as we like. They sold their house and went all-in on living at seaAngela: We opted for the leasehold period of 24 years. That's really what we're gonna live off of. So everyone that's living on this ship, you're not going to be having the carnival nights and the crazy college party ambiance. Well, the Narrative is not going to spend just one day at port, they're going to spend three days, four days, five days depending on where you're going.

☆ Sam Bankman-Fried says FTX's lawyers overlooked $428 million in cash – and the bankrupt crypto exchange has the funds to make US customers whole
▼ + stars: | 2023-01-18 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The collapsed crypto exchange's new bosses said FTX.US hasn't got enough funds to return customers' money. But Bankman-Fried pushed back and said they hadn't included $428 million of cash in the calculations. "Investigation has confirmed shortfalls at both International and US Exchanges," the exchange's lawyers Sullivan & Cromwell said in a presentation Tuesday. FTX.US filed for Chapter 11 bankruptcy protection in November, alongside FTX International and its sister trading firm Alameda Research, among other companies under the FTX umbrella. Read more: FTX lost $415 million worth of crypto in hacker heists, the collapsed exchange's new bosses say

☆ Why Davos conspiracy theories have gone mainstream
▼ + stars: | 2023-01-18 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN —The World Economic Forum’s annual meeting at Davos has long been a lightning rod for conspiracy theories. In the past, however, these farcical conspiracy theories have largely been confined to the fringe corners of the internet — places like Infowars. The radical ideas promoted by the likes of Jones have gone mainstream, having been popularized by some of the most influential personalities in right-wing media. The Associated Press’ Sophia Tulp reported this week that use of “The Great Reset” has been on a steady rise at Fox News. The danger of conspiracy theories has not been lost on attendees at Davos.

☆ Israelis rally in three cities against Netanyahu legal reforms
▼ + stars: | 2023-01-14 | by ( Dan Williams | ) www.reuters.com time to read: +3 min

[1/6] Israelis protest against Prime Minister Benjamin Netanyahu's new right-wing coalition and its proposed judicial reforms to reduce powers of the Supreme Court in a main square in Tel Aviv, Israel January 14, 2023. Among those opposed are the Supreme Court chief justice and the country's attorney-general. Channel 13 TV last week found 53% of Israelis were opposed to changing the court appointments' structure while 35% were in support. Critics of the Supreme Court say it is overreaching and unrepresentative of the electorate. "We promised the people change, we promised governance, we promised reforms - and we will make good on that."

☆ International stock trade could be in the first inning as investors seek alternatives to U.S. tech
▼ + stars: | 2023-01-13 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

"FANG" and other big cap tech have faded as favorite trades, but i nvesting in foreign stocks as a way to generate better returns is just beginning. The outperformance in foreign markets has not gone unnoticed by U.S. investors, bruised by the 19.4% decline in the S & P 500 last year. Also, investors in foreign stocks will benefit if their local currencies gain against the dollar. Investors are now monitoring foreign markets much more and focusing on what's happening in currency pairs, like dollar/yen. "I think a lot of investors will play Europe stocks right out of the gate," he said.

☆ Reinsurers Getting Some Shelter From the Storms
▼ + stars: | 2023-01-12 | by ( Telis Demos | ) www.wsj.com time to read: 1 min

The reinsurance industry has been caught up in storm after storm in recent years. This year, it may get an umbrella. Last year, weather-related events including Florida’s Hurricane Ian caused claims of about $120 billion for insurers, making it the third-costliest year for weather catastrophes, according to Fitch Ratings estimates. But the silver lining for the reinsurers that backstop a lot of catastrophe risk for other insurers is that—finally—their rates and terms may be able to significantly adjust to better reflect the elevated frequency and severity of losses in a changing climate.

☆ I quit teaching after 20 years to open an ice-pop franchise. I make $150,000 more a year and work fewer hours.
▼ + stars: | 2023-01-12 | by ( Claire Turrell | ) www.businessinsider.com time to read: +8 min

She now owns the rights to sell Frios gourmet ice pops at $4 each in parts of Georgia. At the end of that summer, I took a trip to the Frios gourmet ice-pop store she told me about. I used my savings to buy the Frios territory for my townFrios ice pops. I also bought a refrigerated cart and 1,000 ice pops that I stored in a new freezer I bought for my home. I opened my second Frios store on May 7, 2022, in Auburn, Alabama, which my sister now runs.

☆ Microsoft's reported $10 billion OpenAI bet is a gamble on the future of AI
▼ + stars: | 2023-01-11 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

We're less than two weeks into 2023, and it's already become clear that OpenAI's ChatGPT will be the defining technology of the year. But it just goes to show you how much confidence Microsoft and others have in the future of AI. Still, that $29 billion valuation is rich for a company with limited revenue and the high costs of running advanced AI. Read Insider's list of the top 12 AI tools that are helping content creators do their work, from dubbing to writing copy, according to industry insiders. Read Insider's guide on how to take a Snapchat screenshot without alerting the other party.

☆ Google's moonshot factory is coming down to Earth
▼ + stars: | 2023-01-10 | by ( Hugh Langley | ) www.businessinsider.com time to read: +12 min

The project, known internally by its codename, "Valkyrie," was the typical science-fiction-sounding idea that Google's self-described "moonshot factory" was designed to dream up. But amid a lack of successful launches and a tech industry facing economic headwinds, insiders say the lab is now hitting the hard-reset button and rethinking its purpose within Alphabet, Google's parent company. X swapped standard corporate titles like "Communications Lead" and "Manager" for grander and more-nebulous names like "Factory Whisperer" and "Firestarter." Its internet-balloon unit, Google Loon, meant to bring people in rural areas online, was shuttered in January 2021. "I think the infusion of VC people is a good thing," one former senior X employee said.

☆ I make 6 figures as a virtual assistant and now teach others how to do the same — here's how I got started
▼ + stars: | 2023-01-07 | by ( Sasha Weilbaker | ) www.businessinsider.com time to read: +7 min

Erin Booth is a virtual assistant who coaches others, sells courses, and runs a YouTube channel. Her advice for getting started as a virtual assistant is to reach out to past colleagues for work. She ended up being my first virtual assistant client, and she hired me to do a few easy personal tasks for her, like organizing her Google Drive. I asked myself "What kind of skills or training did I wish I had when I first started as a virtual assistant?" Are you a virtual assistant who wants to share your story?

☆ Trump Facebook ban could be reversed in the coming weeks
▼ + stars: | 2023-01-05 | by ( David Ingram | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com time to read: +7 min

For one thing, social media looks different than it did two years ago. Trump now has his own social media company, Truth Social, and his account has been restored on Twitter (where he has yet to tweet). And though there’s no legal right for Trump or anyone else to be on social media, Republicans in Florida and Texas are trying to create laws that would prevent social media companies from removing certain posts. NBC News asked a handful of experts in social media moderation what they thought about the upcoming decision. The answers offered a sense of the shifts in social media and moderation since both Twitter and Facebook banned Trump.

☆ Banks will pump H2O to top of climate agenda
▼ + stars: | 2023-01-04 | by ( Antony Currie | ) www.reuters.com time to read: +3 min

That’s when the United Nations’ first water confab in almost five decades starts in New York. Achieving that globally requires spending $1 trillion a year on the sustainable provision of drinking water and sanitation, and preparing for floods, scarcity and pollution, per the World Resources Institute. And 90% of climate change’s effects manifest through water, as recent floods and scarcity demonstrate. Knowing when to turn off the funding tap is important, too, just as many banks won’t back Arctic drilling or new coal mines. With some financial groups distancing themselves from umbrella climate change bodies, it’s a challenging time to make this case.

☆ Health tech and biotech startups landed $88 billion in funding in 2022. See 16 of the hottest pitch decks founders used to raise millions from investors.
▼ + stars: | 2023-01-03 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +5 min

Here are 16 of the pitch decks used by health and biotech founders to attract investor funds. Check out the 24-slide pitch deck Ria Health used to raise $18 million. Check out the 18-slide pitch deck Healthie used to raise $16 million. Check out the 15-slide pitch deck Patchwork Health used to raise the funds. Check out the 16-slide pitch deck Dalan Animal Health used to raise $3.5 million.

☆ South Korea-U.S. Military Drills Could Use Nuclear Assets, President Yoon Suk-yeol Says
▼ + stars: | 2023-01-02 | by ( Dasl Yoon | ) www.wsj.com time to read: 1 min

SEOUL—South Korea is in discussions with the U.S. on conducting joint exercises using nuclear assets, President Yoon Suk -yeol said, raising the prospect of a development that could significantly escalate tensions on the Korean Peninsula. Mr. Yoon told a South Korean newspaper that the aim of the drills would be to practice the implementation of extended deterrence. South Korea doesn’t have its own nuclear weapons, but the country is protected under what is known as the U.S. nuclear umbrella.

☆ Meet the team behind CNN’s ‘New Year’s Eve Live’
▼ + stars: | 2022-12-31 | by ( Tricia Escobedo | ) edition.cnn.com time to read: +5 min

ET as Anderson Cooper and Andy Cohen co-host CNN’s “New Year’s Eve Live” from New York City’s Times Square. CNN —Every New Year’s Eve, Anderson Cooper and Andy Cohen host four-and-a-half hours of live television, joined by celebrity guests and performers, as they count down to the new year. “New Year’s Eve Live” is created by “a patchwork team of CNN employees from different show teams, bureaus and units from around the globe,” Hall explained. Here’s what Doft and Hall told us about the live special and what we can look forward to Saturday night:This is the 20th year that Anderson Cooper has hosted ‘New Year’s Eve Live’ on CNN. In fact, it’s why he chooses to anchor “New Year’s Eve Live” — to make sure the audience has a place to go and to fill people with hope, laughter and love.

☆ How an Instagram influencer earned $1 million from brand deals in her first year as a full-time creator
▼ + stars: | 2022-12-28 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

2022 was her first full calendar year working as a full-time influencer. She broke down for Insider how much she earned in brand deals each month. Now, Agutu is wrapping up her first year as a full-time influencer with about about 488,000 Instagram followers, and 730,000 total followers across Instagram, TikTok, and YouTube. Repped by Digital Brand Architects, a talent agency under the UTA umbrella, Agutu is closing 2022 with more than $1 million in revenue from brand deals on social media. Here's a full breakdown for Agutu's earnings from brand deals in 2022:Month (2022) Earnings from Brand Deals January $84,000.00 February $110,500.00 March $30,500.00 April $81,000.00 May $212,848.53 June $127,250.00 July $36,000.00 August $58,500.00 September $76,073.00 October $8,000.00 November $65,000.00 December $77,500.00Agutu is still waiting on about $76,000 from brand deals to be paid out, according to DBA.

☆ Stay Flexible, Bosses Are Told, Even as ‘Great Resignation’ Wanes
▼ + stars: | 2022-12-27 | by ( Richard Vanderford | ) www.wsj.com time to read: +5 min

Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. Dr. Klotz: Companies invest in employees, and employees tend to match that investment. When employees feel that companies are underinvesting in them, they start disengaging from work or they engage in deviant behavior. If it feels like you can’t trust workers, then you micromanage them. But most companies can withstand that, and the benefits of building trust with their workers outweigh the occasional bad apple.

☆ Meet 3 remote workers who negotiated for better pay, workplace flexibility, or the right to quiet quit — and won
▼ + stars: | 2022-12-27 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +7 min

Remote work has become increasingly popular, and make-or-break for many Americans when choosing jobs. Workers are using their current bargaining power to ask for better pay, flexibility, and work-life balance. Insider talked to three remote workers about how they did so. That's because remote work has changed his life for the better, he said. "Work was definitely a thorn in my side that really affected my entire life," she told Insider.

☆ How Ukraine's Zelenskyy went from comedian to wartime hero
▼ + stars: | 2022-12-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Ukraine's President Volodymyr Zelenskyy in Kherson, Ukraine, on Nov. 14, 2022. Ukraine's President Volodymyr Zelenskyy on the cover of Time Magazine's 2022 "Person of the Year" edition. Ukrainian President Volodymyr Zelenskyy Zelenskyy enjoys high approval ratings among Ukrainians for rallying both the country's forces and public on a daily basis. Ukraine's President Volodymyr Zelenskyy visits Kherson, Ukraine, on Nov. 14, 2022. Ukrainian President Volodymyr Zelenskyy in Kherson, Ukraine, on Nov. 14, 2022.

☆ Arnold Fulton Escaped the Holocaust and Became an Innovative Umbrella Maker
▼ + stars: | 2022-12-23 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

Arnold Fulton , a native of Poland who narrowly escaped the Holocaust and settled in Britain after World War II, became one of the most prominent and innovative makers of umbrellas in his adopted homeland. In a notoriously rainy country, demand was reliable. With a background in mechanical engineering, Mr. Fulton designed his own manufacturing equipment and frequently came up with innovations, including an umbrella built for two and the see-through Birdcage umbrella, whose loyal customers included members of the royal family. Millions of umbrellas made by his A. Fulton Co. blossomed every time it poured in Britain and Canada, the company’s two biggest markets.

☆ Pakistan suicide car bombing kills one police official, injures others
▼ + stars: | 2022-12-23 | by ( Asif Shahzad | ) www.reuters.com time to read: +2 min

[1/3] Police officers and rescue workers gather at the site of a suicide car bombing in Islamabad, Pakistan December 23, 2022. "Our initial information says that there was a man and a woman in the car," Islamabad operations police chief, Sohail Zafar, told reporters. "Had the car reached its target, it would have caused heavy losses," Interior Minister Rana Sanaullah told Geo News TV. Pakistani Taliban claimed the car bombing, saying it was revenge for the killing of one of their leaders. The bombing came two days after a Pakistani military operation killed 25 TTP militants after a standoff at a counter-terrorism facility.

☆ Microsoft responds to FTC case seeking to block Activision Blizzard deal
▼ + stars: | 2022-12-22 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

Microsoft on Thursday filed its response to U.S. regulators' antitrust case attempting to block the software maker from buying video-game publisher Activision Blizzard . But then Microsoft revealed its plan to buy Activision Blizzard. To relieve government opposition to the deal, Microsoft has offered concessions. "Sony refuses to deal," Microsoft said in its filing. In the months since then, two groups of Activision Blizzard employees have voted to form unions.

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