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☆ Want to work for Blackstone straight out of college? Here's the best route.
▼ + stars: | 2024-07-31 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +12 min

This year, Blackstone hosted more than 150 summer interns, including summer associates who tend to come from business or law school, as well as the undergrads who make up its summer analyst program. AdvertisementCheck out our exclusive deep dive into Blackstone's 10-week-long summer analyst program below. How competitive is Blackstone's summer analyst internship program? AdvertisementA group photo of Blackstone's summer analyst class during orientation. Gray recently addressed what leads to success at Blackstone in a speech to the 2024 summer analyst class, which was posted on Linkedin.

Persons: —, Blackstone, Jon Gray, Paige Ross, Blackstone's, Blackstone Blackstone, Taylor Kanfer, Kanfer, Mr Stone, Steve Schwarzman, they're, Ross, Goldman Sachs, There's, decamp, they'll, Gray, Kleiner Perkins, Chan Zuckerberg Organizations: Service, Harvard, Business, BI, University of Pennsylvania, Diverse, Blackstone, Investment, Linkedin, LinkedIn, Goldman, Barclays Locations: York, New York, Wayne , Pennsylvania, Miami, Asia, Africa

☆ I was financially dependent on my ex-husband. Post-divorce, I taught myself about money and built a 6-figure business.
▼ + stars: | 2024-07-31 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThis as-told-to essay is based on a conversation with Beth Keeton, a 34-year-old publicist in Fort Worth, Texas. After the crumbling of my marriage, a divorce, and landing back on my feet, I started my own business. AdvertisementIf there's one lesson I've learned, it's that when your gut tells you something feels off, you need to listen. Now, I listen to what my gut tells me, which has protected my business in many ways.

Persons: —, Beth Keeton, It's, I'm, didn't, Dave Ramsey, I've, would've Organizations: Service, Elephant House, Business, Peace University Locations: Fort Worth , Texas

☆ Alexa Von Tobel Is the Super Connector of New York's Buzzy Tech Scene
▼ + stars: | 2024-07-31 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +11 min

Inspired Capital co-founders Lucy Deland (left), Alexa von Tobel (center), and Mark Batsiyan (right) speak to portfolio companies at the firm's annual founder dinner in June 2024. Born and raised in Jacksonville, Florida, von Tobel attended Harvard University, where she graduated with a degree in psychology. AdvertisementInspired Capital co-founders Alexa von Tobel and Penny Pritzker. Inspired Capital founding partners Mark Batsiyan, Lucy Deland, Alexa von Tobel, and Penny Pritzker. Although von Tobel was on vacation outside the country, she stepped away from a fancy dinner to take McNulty Rojas's call and brainstorm solutions.

Persons: Alexa von Tobel, she's, Lucy Deland, Mark Batsiyan, It's, von Tobel, Capital's, who's, Zuckerburg, I've, Morgan Stanley, —, LearnVest, Batsiyan, Alexa, they'd, von Tobel's, Penny Pritzker, Obama, Brynne McNulty Rojas, — von Tobel, McNulty Rojas, Habi, Tobel, Von, Deland, it's, von, McNulty, hasn't, guac, She's, Benjamin Vandiver, Ivan Zhao, Lindsey Vonn Organizations: Flatiron, Business, New York VC, Harvard University, Facebook, Harvard Business School, Accel Partners, American Express Ventures, Northwest Mutual, LearnVest, Ventures, Northwest, Capital, Harvard, of Commerce, America Fund, Tiger Global Management, II, Alexa, Inc, Magazine, Winder, New York Locations: Jacksonville , Florida, New York, Deland, Miami, Latin America, York

☆ Perplexity AI will share revenue with publishers after plagiarism accusations
▼ + stars: | 2024-07-30 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

Perplexity AI on Tuesday debuted a revenue-sharing model for publishers after more than a month of plagiarism accusations. Media outlets and content platforms including Fortune, Time, Entrepreneur, The Texas Tribune, Der Spiegel and WordPress.com are the first to join the company's "Publishers Program." Under the new partner program, any time a user asks a question and Perplexity generates advertising revenue from citing one of the publisher's articles in its answer, Perplexity will share a flat percentage of that revenue. "Some of it grew out of conversations we were having with publishers about integrating Perplexity APIs and technology into their products," Shevelenko said. But not all news organizations are gearing up for a fight, and some are instead joining forces with AI startups like OpenAI, Perplexity and others.

Persons: Der Spiegel, WordPress.com, Forbes, Weeks, Perplexity, Dmitry Shevelenko, Shevelenko, ScalePost.ai, OpenAI, Jonathan Franzen, John Grisham, George R.R, Martin, Jodi Picoult Organizations: Media, The Texas Tribune, Wired, Google, CNBC, Center, Investigative, Microsoft, New York Times, Chicago Tribune, New York Daily News, Time, News Corp, Wall Street, Barron's, New York Post Locations: Perplexity

☆ Why Silicon Valley Is Going to War Against the Media, Journalists
▼ + stars: | 2024-07-30 | by ( ) www.businessinsider.com time to read: +21 min

Just 20 years ago journalists covered the tech industry "like it didn't matter, like it was this hobbyist, interesting, plucky thing." The pro-tech media gives tech's main characters the chance to write their way back to the original storyline. Trae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Related storiesTrae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Of the members of the news media I talked to about pro-tech media, some were backhandedly laudatory.

Persons: Mike Solana, Solana, Peter Thiel, —, David Sacks, Jason Calacanis, Chamath Palihapitiya, David Friedberg, Elon Musk, Sam Altman, Tucker Carlson, Donald Trump, There's, Coogan, John Coogan, Andreessen Horowitz, Marc Andreessen, they're, Balaji Srinivasan, Mark Zuckerberg, Donald Trump's, Tyler Le, Sam Bankman, Warren Buffett, Trae Stephens, Andreessen, Palmer Luckey, It's, Dick Lucas, Lucas, Joe Rogan, Kamala, Stephens, Packy McCormick, Taylor Lorenz, Ryan Mac, Kevin Roose, Jesse Singal —, Casey Newton, Casey isn't, Casey, Newton, Erik Torenberg, Anthony Fauci, Ellen Pao, Katherine Maher, George Soros, Joe Biden, Chesa Boudin, Boudin, Gavin Newsom, Palihapitiya, Sacks, Trump, JD Vance, Brian Merchant, Ben Smith, Eric Newcomer, he's, Lulu Cheng Meservey, Balaji Srinivasan's, Zoë Bernard Organizations: Fund, Tech, Founders Fund, Apple, Elon, Elite, Sequoia Capital, Pirate, Penguin Group, Big Tech, Card Industry, Washington Post, TechCrunch, Media, NPR, Google, Disney, Twitter, Republican National Convention, Bloomberg, monetization, San, Business Locations: San Francisco, Substack, Silicon Valley, New York, Silicon, Solana, Miami, Francisco, California, Los Angeles

☆ 63-year-old CEO shares the top 3 red flags she sees in employees: ‘No one wants to be in their presence'
▼ + stars: | 2024-07-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

McKissack, 63, is the founder and CEO of Washington D.C.-based construction firm McKissack & McKissack, which she launched with $1,000 from her savings in 1990. She churned through employees who weren't the right fit in her company's early years and the business struggled, she says. These three red flags stand out the most when McKissack is hiring employees or evaluating her current talent, she says. People who lack integrityEvery boss needs to be able to trust their employees, McKissack says. "If I don't want to be in their presence, then no one wants to be in their presence, usually" she says.

Persons: McKissack, they're, Heidi K, Gardner, Steve Adcock, Adcock Organizations: Washington D.C, CNBC, Harvard Law School

☆ The 'most underrated skill’ for success, from a college dropout on track to earn $500,000 this year
▼ + stars: | 2024-07-29 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Moses Lin says he'll never consider going back to college, despite being one semester shy of graduating with a bachelor's degree. "I knew that if I went to college and took a traditional route, I'd be hundreds of thousands in debt," he says. Lin started a YouTube channel during college, where he posted acoustic covers of pop songs, and began teaching guitar lessons for money. Now, after years of building his own business as a traveling wedding guitarist and investing his earnings into real estate, Lin, 31, is on track to make $500,000 this year. Lin taught himself everything when it comes to building his business as a wedding guitarist.

Persons: Moses Lin, he'll, Lin, I've Organizations: U.S . Marine Corps, Vanguard University of Southern, CNBC Locations: Vanguard University of Southern California, Ireland, Singapore, Dubai, U.S

☆ Some Russians are spending like no tomorrow with 'considerable' overheating in the economy
▼ + stars: | 2024-07-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

On Friday, the Russian central bank warned — yet again — of an overheating economy when it hiked rates from 16% to 18% in an attempt to rein in price gains. This suggests that overheating in the economy has remained considerable," said Elvira Nabiullina, Russia's central bank governor, on Friday during her rate hike announcement. Russians are traveling and spending on culture and hotelsThe rate hike from Russia's central bank comes amid a spending boom in the country where many appear to be spending very freely, even amid the war and Western sanctions, as the Financial Times reported on Friday. Russia's central bank may hike rates again if necessaryNabiullina said on Friday that Russia's GDP will grow 3.5% to 4% this year from a year ago. The central bank next meets on September 13.

Persons: —, Elvira Nabiullina, they're, Sergei Ishkov, Sawicki, Nabiullina, it's Organizations: Service, Business, Financial Times, Labour Locations: Russia, Russian, Russia's, Ukraine, Moscow, stoke

☆ The Lesser-Known Side of Harris’s Identity: Asian American
▼ + stars: | 2024-07-28 | by ( Amy Qin | ) www.nytimes.com time to read: +1 min

Daniel Chiang can remember one Asian American who ran for president in 2020: Andrew Yang, a Taiwanese American entrepreneur. But he was surprised to learn last week that there was another person running for president then, and in 2024, who counted herself an Asian American: Kamala Harris. But Ms. Harris, whose mother emigrated from India and whose father emigrated from Jamaica, is less known as an Indian American and Asian American. Asked to name a famous Asian American, only 2 percent of Americans said Kamala Harris, according to a recent survey by The Asian American Foundation. Ms. Harris does not shy away from talking about her Indian heritage and Asian American identity.

Persons: Daniel Chiang, Andrew Yang, Kamala Harris, “, ”, Chiang, Harris Organizations: Democratic, Indian, Asian American Foundation Locations: American, Taiwanese American, Connecticut, India, Jamaica, Indian American

☆ Lady Gaga introduces Michael Polansky as her fiancé in Paris
▼ + stars: | 2024-07-28 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Wedding bells may soon be ringing for Lady Gaga. The actress and singer introduced Michael Polanksy, her boyfriend of four years, as “my fiancé” to French Prime Minister Gabriel Attal, who Lady Gaga met while attending an Olympic swimming competition on Sunday, as seen in a video posted to the PM’s TikTok page. CNN has reached out to a representative for Lady Gaga for comment. Lady Gaga and Polansky, a tech entrepreneur, first went public with their romance on Instagram during Super Bowl weekend in 2020. While the pair have notoriously been private throughout their relationship, Lady Gaga has shared some insight into their romance on her social media pages.

Persons: Lady Gaga, Michael Polanksy, Gabriel Attal, ”, Polanksy, “ Organizations: CNN, French, Olympic, Super, Hollywood Reporter Locations: Paris, Rome

☆ Donald Trump once trashed bitcoin as ‘based on thin air.’ Now, he’s addressing crypto’s largest convention
▼ + stars: | 2024-07-27 | by ( Steve Contorno | Aaron Pellish | ) edition.cnn.com time to read: +8 min

Trump’s campaign would not say what sparked the former president’s 180-degree turn on bitcoin. Billionaire crypto tycoons Tyler and Cameron Winklevoss each pledged to donate $1 million worth of bitcoin to Trump’s campaign. The cryptocurrency industry has experienced a resurgence since the downfall of FTX. Trump supporters were not hard to find inside the Bitcoin Conference. Luke Broyles, a 25-year-old Michigander working in the crypto industry, was similarly unsure of Trump’s latest entreaties despite his recent rhetoric.

Persons: Donald Trump, Trump, bitcoin “, ”, ” Trump, Jacob Silverman, bitcoin, Sam Bankman, Larry David, Tom Brady, Fried, Brian Hughes, South Carolina Sen, Tim Scott, ” Scott, David Bailey, Bailey, cryptocurrency, tycoons Tyler, Cameron Winklevoss, Cryptocurrency, Ohio Sen, JD Vance, David Sacks, Biden, ” Sacks, “, ” Tyler Winklevoss, Eric Soufer, cryptocurrencies, ” Soufer, FTX, Robert F, Kennedy Jr, John Fischer, ” Fischer, Luke Broyles, Trump’s, ” Broyles Organizations: Nashville CNN, Twitter, United States, Biden, Capitalism, CNN, Republican, Trump, South, BTC Inc, Mar, Commission, Billionaire, Music City Center, Independent, Pew, Libertarian Party, Bitcoin Conference Locations: USA, Nashville, United States, Wisconsin, St, Cloud , Minnesota, South Carolina, Silicon, Washington, Atlanta, cryptocurrency

☆ The Trump-crypto love story may not be happily ever after
▼ + stars: | 2024-07-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Donald Trump didn’t need to do much to win over crypto investors, who are used to being treated like the problem children of the financial world. They’re tinkering in the shadows, doing a thing most normies either don’t understand and/or believe is a scam. “Bitcoiners are looking for political validation after years in the wilderness,” said Eric Soufer, a political adviser to major crypto companies. But running against Vice President Kamala Harris, now the presumptive Democratic nominee, may change the calculus. It’s not clear why Trump has shown a sudden adoration for digital assets when he pooh-poohed it during his presidency.

Persons: CNN Business ’, Donald Trump, “, ”, Eric Soufer, ” Trump, Trump, Marc Andreessen, Joe Biden, Gary Gensler, Kamala Harris, Biden, Harris, Harris ’, Mark Cuban, Cuban, didn’t, Brian Hughes, “ Trump, unAmerican Crypto, ” Harris, Crypto, Molly White, It’s, —, Steve Contorno Organizations: CNN Business, New York CNN, Republican, Big Tech, Securities, Exchange Commission, Democratic, Politico, Trump, CNN, Democrats, Republican Party, GOP, Republicans, Fox Business Locations: New York, Nashville

☆ US indicts North Korean hacker accused of helping extort US hospitals
▼ + stars: | 2024-07-25 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +2 min

CNN —The US Justice Department on Thursday announced the indictment of an alleged North Korean government-backed hacker for allegedly participating in a scheme to break into US hospital computer systems and extort them for ransom. The hacks of health care providers locked up medical records and disrupted health care services in the US, US officials said. Thwarting North Korean hacking and money laundering has become a national security priority for the Biden administration. CNN previously reported on how South Korean spies and American companies try to intercept cryptocurrency stolen by North Korean hackers. Another CNN investigation identified one cryptocurrency entrepreneur who said his firm had unwittingly sent a North Korean IT worker tens of thousands of dollars.

Persons: Biden Organizations: CNN, US Justice Department, North, Court, District of, The State Department, North Korean, State Department, United Nations, cyberattacks, White Locations: Korean, Rim, Florida and Kansas, Arkansas and Connecticut, Colorado, District of Kansas, Rim ., North Korean

☆ The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
▼ + stars: | 2024-07-25 | by ( John Towfighi | ) www.businessinsider.com time to read: +4 min

The Small Business Administration is expanding its loan programs to support investments in clean energy and climate-friendly businesses. It is also creating an application process for lenders to expand their loan size up to $2 million for climate-focused projects or $1 million for general projects. SBA loans, provided through banks or other financial institutions, help entrepreneurs raise capital. 7(a) loans provide long-term financing up to $5 million for general small business investments and are offered through most banks. Under the Biden administration, there have been 18 million small business applications.

Persons: Isabel Guzman, Guzman, Katie Frost, —, Biden, SBA's, Michael S, Regan Organizations: Service, Business Administration, SBA, Business, Community, Biden, Environmental Protection Agency

☆ A former Microsoft product manager shares the résumé that helped him land the job
▼ + stars: | 2024-07-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Read previewSince graduating from college in 2016, Chris Hsiao dreamed of working as a product manager. He started his career as a consultant and set about securing a product manager role. He previously worked as a project manager at Facebook, but said joining Microsoft felt like a "completely new stint." AdvertisementHsiao spoke about the startup, which designed and sold merchandise online, during his interviews with Microsoft. The hiring process at Facebook and Microsoft both involved multiple interview rounds that contained both behavioral and situational questions.

Persons: —, Chris Hsiao, Hsiao, Microsoft Chris Hsiao, Microsoft Hsiao, résumé Organizations: Service, Microsoft, Business, Facebook, Big Tech Locations: San Francisco

☆ Tara Shakiti will be the first artist from Madagascar to send her work to the moon
▼ + stars: | 2024-07-24 | by ( Leah Collins | ) edition.cnn.com time to read: +7 min

CNN —From a young age, award-winning artist Tara Shakti knew she wanted to pursue a career creating paintings that empowered other women. Tara Shakti will be the first Malagasy artist to have her work sent to the moon. The main criterion for nomination is that artists’ work should have been included in a curated exhibit, collection, anthology or similar. Tara ShaktiThe artist was invited by Peralta to submit her work for the project after he discovered her paintings through social media earlier this year. “To have my work launched to the moon is an honor of immeasurable magnitude,” Shakti told CNN in an email.

Persons: Tara Shakti, Shakti, ”, “, NASA ”, Samuel Peralta, ” Peralta, Peralta, Leonardo da Vinci, Shakti's, Shakti’s, NASA’s, Tara Shakti “, Tara Shakti’s, Ada Limón, Didi Mendez, they’re Organizations: CNN, SpaceX, NASA, Codex Polaris, Heavy, Embassy of, NASA’s Europa Clipper Locations: Madagascar, Africa, Florence, Paris, Canadian, Toronto, New York, Embassy, Embassy of Madagascar, France, Cuban American

☆ Photos show what Costco looked like when it first opened in 1983
▼ + stars: | 2024-07-24 | by ( Áine Cain | Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Costco opened its first location in Seattle in 1983, building off Price Club's warehouse format. Today's company is the product of a 1993 merger between Costco and Price Club, which opened in 1976. Costco provided Business Insider with historical photos of the chain's inaugural warehouse. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Costco of today is in fact the result of a 1993 merger between Costco and its predecessor, Price Club, which was founded in 1976 by legendary entrepreneur Sol Price.

Persons: —, Sol Price Organizations: Costco, Price Club, Service, Business Locations: Seattle, Price

☆ He Was an Online Drug Lord. Now He’s a Crypto Entrepreneur.
▼ + stars: | 2024-07-24 | by ( Ryan Mac | Kashmir Hill | ) www.nytimes.com time to read: +1 min

At a cryptocurrency convention in Austin in May, Blake Emerson Benthall hustled for investor money alongside scores of other entrepreneurs. But none of them, it is safe to say, could pitch their experience as the leader of a multimillion-dollar criminal drug enterprise. In the convention’s “Deal Flow Zone,” Mr. Benthall, 5-foot-4, cleanshaven and wearing a gray tee with his start-up’s logo, turned his laptop around at a lunch table and began giving his spiel to a bespectacled potential investor. “I’m a lifelong entrepreneur,” Mr. Benthall said as he clicked through a presentation that detailed how he had run Silk Road 2.0, the second iteration of the infamous online bazaar where 1.7 million anonymous customers signed up and used Bitcoin to buy methamphetamine, heroin and other illegal substances. and the years he spent in the punitive employ of the federal government.

Persons: Blake Emerson Benthall hustled, Mr, Benthall, “ I’m, ” Mr Locations: Austin

☆ 65-year-old CEO turned at least 88% of his employees into millionaires after selling his company for $70 million
▼ + stars: | 2024-07-24 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

When Jay Chaudhry sold his first company for $70 million, he focused less on his own riches, he says — and more on how the deal could turn dozens of his employees into millionaires. Chaudhry, 65, is known today as the billionaire founder and CEO of Zscaler, a cloud cybersecurity firm valued at roughly $28 billion, as of Wednesday afternoon. Nearly two years after the deal closed, as VeriSign's stock price soared, more than 70 of SecureIT's 80 employees "on paper, were millionaires," Chaudhry tells CNBC Make It. "People were going crazy in the company, because they had never thought of so much money," he says. The bubble burst later that year, and VeriSign's stock lost roughly 75% off that high point at the end of 2000, sinking to a low of nearly $4 in 2002.

Persons: Jay Chaudhry, Chaudhry, Jyoti Organizations: CNBC

☆ Founder of South Korea’s Kakao arrested for suspected stock manipulation
▼ + stars: | 2024-07-23 | by ( ) edition.cnn.com time to read: +2 min

Seoul, South Korea —The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition of a K-Pop agency last year. The case is the latest legal twist for Kakao, which runs South Korea’s largest chat app, after the company and another executive went on trial last year for alleged wrongdoing during the same acquisition. Any case against him could jeopardize Kakao’s investments into artificial intelligence as well as its overseas expansion plans, industry experts said. The high-profile tech entrepreneur is the largest shareholder of Kakao Corp, with a 24% stake that he and affiliated entities control. Kakao Corp shares dropped 3.4% during morning trade to the lowest since November, after falling 24% year-to-date.

Persons: Kim Beom, su, Kim, Brian Kim, Jakub Porzycki Organizations: South, Kakao Corp, Prosecutors, SM Entertainment, Seoul Southern, Court, Detention, KakaoBank Corp Locations: Seoul, South Korea, South Korean, Korean, Kakao

☆ Billionaire Palmer Luckey keeps getting stuck in the elevator of his car mansion, lawsuit claims
▼ + stars: | 2024-07-23 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +1 min

Palmer Luckey claims the elevators and scissor lifts in his Newport Beach home keep getting stuck. Luckey is suing the builders of his home, which is meant to house his automobile collection. Luckey said the builders breached their contract, but the builders denied the claims. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWar weapons entrepreneur and Oculus founder Palmer Luckey is suing the developers who helped build his Newport Beach, California mansion because people kept getting stuck in the scissor lifts and elevator in the home, a lawsuit claims.

Persons: Palmer Luckey, Luckey, — Organizations: Newport Beach, Service, Newport, Orange County Superior, Business Locations: Newport, Newport Beach , California, Orange County

☆ Meet Spencer Conley, the 'Bachelorette' contestant and 'pet portrait entrepreneur' with 'golden retriever energy'
▼ + stars: | 2024-07-23 | by ( Olivia Singh | ) www.businessinsider.com time to read: +1 min

Spencer Conley is one of the 25 contestants on season 21 of "The Bachelorette" starring Jenn Tran. From night one, Jenn is attracted to Spencer's "golden retriever energy" and attentiveness. Spencer is a "pet portrait entrepreneur" from Dallas who founded Print Our Pet in 2019. AdvertisementAs contestants are eliminated each week on season 21 of "The Bachelorette," Spencer Conley's "golden retriever energy" continues to charm Jenn Tran. "Since night one, Spencer's always been one to be really attentive toward me and he has golden retriever energy, which I am digging," Jenn says.

Persons: Spencer Conley, Jenn Tran, Jenn, Spencer, —, Sam M, Devin, Spencer's Organizations: Service Locations: Dallas

☆ Parents say Delta stranded their kids while they were flying alone
▼ + stars: | 2024-07-23 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

Read previewSome parents say they were left scrambling to help their stranded kids after Delta Air Lines suddenly changed its policies as it grapples with extended delays and cancellations that stretched into the fourth day. "It was about three hours of sheer panic," one of the parents, Cecilia Stone, told Business Insider. AdvertisementAfter the outage, Delta barred unaccompanied minors from traveling, a move its competitors have not implemented. AdvertisementDonald had a regular ticket, but as a minor was still not allowed to fly, Stone told BI. AdvertisementDelta told Business Insider in a statement that it stopped unaccompanied kids from traveling "to protect minors from being separated from their families and caregivers in the event of flight disruptions or cancellations."

Persons: —, Cecilia Stone, Transportation Pete Buttigieg, Joel Fortney, wasn't, Fortney, Donald, Stone, Delta didn't, hasn't Organizations: Service, Delta Air Lines, Delta, Business, Transportation, The New York Times, Navy, Delta Airlines Locations: Iowa, Maine, Chicago, Salt Lake City, San Diego

☆ South Korean court approves arrest warrant for Kakao founder
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: +1 min

A South Korean court approved early on Tuesday a prosecution request for a warrant to arrest Brian Kim, the billionaire founder of tech giant Kakao Corp, on accusations of stock manipulation during a 2023 acquisition. It is the latest legal twist for Kakao after the company and an executive went on trial last year for alleged wrongdoing during the same acquisition. Prosecutors say Kim was involved in manipulation of the stock price of SM Entertainment in February last year to hinder a competitor, Hybe, from acquiring the K-Pop agency. Not yet formally charged, Kim has denied the accusations, saying he has never ordered or tolerated any illegal activity, the company said in a statement. The high-profile tech entrepreneur is the largest shareholder of Kakao Corp, with a stake of 24% controlled by him or affiliated entities.

Persons: Brian Kim, Kim Organizations: Kakao Corp, Prosecutors, SM Entertainment

☆ Snoop Dogg the torchbearer: American rapper to carry Olympic torch in final stretch before opening ceremony
▼ + stars: | 2024-07-23 | by ( Mark Puleo | ) www.nytimes.com time to read: +1 min

Add Olympic torchbearer to Snoop Dogg’s crowded resume. The American rapper — a best-selling artist, active entrepreneur and constant face in all forms of entertainment — was selected to carry the Olympic torch through the streets of Saint-Denis in northern Paris on Friday ahead of the opening ceremony. 🥇 Paris 2024 Olympics ya digggg 👊🏿🔥 pic.twitter.com/OOIo2DRZSC — Snoop Dogg (@SnoopDogg) July 23, 2024Saint-Denis is home to the Olympic Stadium and the Aquatics Centre. Snoop Dogg will be joined by French celebrities, including actress Laetitia Casta and rapper MC Solaar, in the final stretch. It’s still unknown who will light the Olympic cauldron in the Tuileries Gardens at Friday’s opening ceremony.

Persons: Snoop, —, Denis, ord Organizations: aris, NBC Locations: Saint, Paris

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