DIRS.INFO The most relevant business & tech news

☆ Steve Wozniak's warning: No matter how 'useful' ChatGPT is, it can 'make horrible mistakes'
▼ + stars: | 2023-02-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

On Wednesday, the Apple co-founder made an impromptu appearance on CNBC's "Squawk Box" to talk about the increasingly popular artificial intelligence chatbot. Wozniak said he finds ChatGPT "pretty impressive" and "useful to humans," despite his usual aversion to tech that claims to mimic real-life brains. Wozniak pointed to self-driving cars as a technological development with similar concerns, noting that artificial intelligence can't currently replace human drivers. By multiple measures, ChatGPT's artificial intelligence is impressive. The Webb telescope did take photographs of such planets, called exoplanets, in September.

☆ 3 ways to make money off things you already own—one of them brings in up to $39,000 a month
▼ + stars: | 2023-02-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Rick Powell, for instance, rents out his yard as a private dog park on Sniffspot and brings in up to $4,100 per month. About $190,00 of that is income, Mancini said in January. JP Mancini II brings in $38,000 of revenue per month renting his two boats out to strangers. Jim Battan, 58, has made nearly $200,000 renting out his backyard pool. Battan noted that his pool brings in a lot of money because he spent a lot building it out.

☆ CEO of Hilton says a Porsche was the dumbest thing he ever bought: 'I spent all my money on that stupid car'
▼ + stars: | 2023-02-05 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Hilton CEO Chris Nassetta says selling his black Porsche 944 was the best financial decision he ever made. "I spent all my money on that stupid car." Since 2007, Nassetta has driven something more practical: a four-door Lexus sedan he bought just after landing the top role at Hilton. In 2020, the mechanic called Nassetta to say he'd found someone nearby with the vehicle — but it was barely running. Together, Nassetta and the mechanic spent two years repairing the car, completing the project last May.

☆ Why Mark Cuban avoids Silicon Valley: 'Tech bros’ are ‘pretentious’ and overrated
▼ + stars: | 2023-02-03 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

That doesn't mean he worships Silicon Valley. But Cuban said he also can't stand the culture of Silicon Valley's "tech bros.""[It's] pretentious as f—k. Cuban, who has a $6.25 billion net worth according to Bloomberg, built his own tech fortune in Texas. Rather, he considers the allure of Silicon Valley — and the attitude that comes with it — overrated. "But when you're starting fresh and new, if you start with a model in this perspective, then I don't think you'll replicate the old one we had in Silicon Valley."

☆ A side hustle that 'feels like a paid vacation': These 20-somethings make money ice skating through Europe and Asia
▼ + stars: | 2023-02-01 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Lila Werner, second from right, was paid about $5,700 for seven weeks of travel and ice skating in Belgium and Saudi Arabia this winter. But there's a downside to being an international ice skater: Werner says she'll return with very little remaining from her paycheck. Other contracted ice skaters who quit their jobs and performed abroad during the holiday didn't earn much money — but they got to travel essentially for free. "This almost feels like a paid vacation," Werner says. Werner, for example, still paid rent on her one-bedroom apartment while she traveled.

☆ Don't make this common career mistake in your 20s, says the CEO of Hilton
▼ + stars: | 2023-01-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

The job taught Nassetta, the 60-year-old CEO of Hilton Worldwide — a multinational hospitality company with a $38.86 billion market capitalization, as of Tuesday morning — more than just how hotels operate, he says. "Young people have so much access and information to knowledge, but you don't want to confuse that with experience." In contrast, some of his friends spent their 20s and 30s rising through the career ranks to powerful positions — and quickly flaming out, he says. On finding help in unexpected places: 'To this day ... you just don't know what you don't know'I like to think I work hard, I'm well educated, I'm reasonably smart. But even to this day, and certainly when I was in my 20s and 30s trying to figure things out, you just don't know what you don't know.

☆ 'Shark Tank'-winning CEO who started in a garage with $2,000 got a $250,000 offer from Cuban, Greiner
▼ + stars: | 2023-01-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Those details helped Lady land a $250,000 investment offer from Mark Cuban and Lori Greiner , a lucrative deal that took some effort to assemble. The second-generation Honduran-American launched her Concord, New Hampshire-based startup FryAway out of her garage with $2,000 in 2021. Greiner, Cuban celebrate after landing a $250,000 deal with Lady for a split 22% of FryAway. John echoed Greiner and Cuban, also calling Lady a "dream entrepreneur." "[Cuban and Greiner] are a power team, and I think the three us of are going to be absolutely unstoppable."

☆ Yale University’s most popular class is now free for teenagers—why it could make you happier
▼ + stars: | 2023-01-27 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Santos, the psychology professor behind Yale University's most popular course, recently launched a free six-week version of the class aimed at teenagers, called "The Science of Well-Being for Teens." It was developed to address rising rates of anxiety, depression and suicide rates for kids between ninth and 12th grade, Santos says. 1, she preaches in one of the course's pre-recorded lectures: Our brains lie to us about what makes us happy. "The problem isn't that we're not putting work into feeling better — it's that we're doing the wrong things, prioritizing the wrong behaviors." Santos says she wants to help change those numbers by making the science of happiness accessible.

☆ 32-year-old brings in $39,000 a month renting his 2 boats to strangers—and only works 30 minutes a day
▼ + stars: | 2023-01-25 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Upon listing the 37-foot boat, docked in Key West, Florida, on a rental platform called Boatsetter, he booked 11 trips in a month. Today, Mancini's two boats bring in an average of $38,800 in revenue per month, according to documents reviewed by CNBC Make It. That's off only 30 minutes of work per day, spent managing bookings and making sure the boats' captains — who are hired and paid by individual renters — are maintaining his watercrafts properly, Mancini says. Instead of using the money to pay down the $550,000 in loans he took out to buy the boats, Mancini says he plans to funnel it toward more watercraft purchases and other real estate opportunities. Here's how Mancini used his sales experience to launch his "mostly passive" six-figure boat business, and what waters he plans to charter next.

☆ Mark Cuban used this grocery store hack to get cheap food when he was broke
▼ + stars: | 2023-01-21 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Mark Cuban might be a billionaire now but, before he became a successful entrepreneur, Cuban had to pinch pennies. Cuban, who lived in a three-bedroom apartment with six roommates at the time, didn't just look for deals on food, though. Cuban had "credit cards cut up" and "bill collectors" on his trail, he told Maher. Other 20-somethings wouldn't likely be able to copy his roadside strategy, he told Maher. It was all about going for it," Cuban told The Dallas Morning News in a 2011 interview.

☆ The US Army has to rename its new rifle after accidentally using the name of another gun
▼ + stars: | 2023-01-19 | by ( Steve Beynon | ) www.businessinsider.com time to read: +4 min

The US Army is changing the name of its new rifle after accidentally taking a name from another gun. The light machine gun set to replace the M249 Squad Automatic Weapon, or SAW, the M250, will not change. "The Army originally chose the designation XM5 as the name of the new rifle in March," a service spokesperson said in a statement. The 6.8mm was seen as a compromise between the light ammo currently used and the 7.62mm ammo used in the M240B machine gun that would be very heavy for a standard rifleman. Soldiers will also use 20-round magazines, a 10-round decrease from the magazines the Army has been using for decades.

☆ These are the 3 most promising side hustles of 2023: Delivery jobs 'take way too much of your earnings,' says expert
▼ + stars: | 2023-01-18 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

A food delivery man crosses the street in Times Square in Manhattan on March 17, 2020 in New York City. "Now, the big growth really is with professional platforms where people can earn six-figure incomes from home, doing everything from marketing to law." She adds part of the shift could be because platforms like Uber and Lyft "take way too much of your earnings." To start, here are the three most promising side hustles of 2023, according to Kristof:Selling your skills and knowledgeA lot of people are making money selling what they already know, according to Kristof. According to the same poll, 22% of Boomers, who range from age 58 to 76, currently have side hustles.

☆ Why Mark Cuban called 'B.S.' on a 'Shark Tank' company that was on track to bring in $14 million last year
▼ + stars: | 2023-01-18 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Like Cabinet Health, Cuban's company Cost Plus Drugs offers generic drugs at a fraction of the cost charged by major pharmaceutical companies. Cuban put those instincts to work on Friday's episode of ABC's " Shark Tank ," when the billionaire told sustainable wellness company Cabinet Health's founders he was suspicious of their lack of profit. Cabinet Health, which launched in October 2019, wants to reduce and eventually eliminate single-use plastics in medicine. The co-founders entered negotiations seeking $500,000 for a 2.5% stake in Cabinet Health, which would value the company at $20 million. He offered $500,000 for 10% of Cabinet Health, which would value the company at $5 million.

☆ Building self-discipline by age 27 is crucial, says psychiatrist from the Netflix doc 'Stutz': 3 ways to do it
▼ + stars: | 2023-01-14 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Leading a fulfilling life requires discipline, Stutz said on a recent episode of "Armchair Expert," hosted by Dax Shepard and Monica Padman. Structural disciplineThe act of taking those reactive habits and integrating them into your "baseline" routine is what Stutz called structural discipline. Structural discipline relies more on conscious decision-making, while reactive discipline relies on subconscious behavior. In her book, "Good Habits, Bad Habits: The Science of Making Positive Changes That Stick," Wood frames it like this: You have to make the decision to ask your boss for a promotion. In other words, habits — good and bad — are formed through routines over time, which is why Stutz says you would be wise to adopt daily routines that promote good habits.

☆ Just how bad was the war in Ukraine for Europe’s biggest economy last year?
▼ + stars: | 2023-01-13 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

London CNN —Germany’s economy grew slightly last year despite battling an energy crisis sparked by Russia’s war in Ukraine. The bank predicts the German economy will stagnate this year, rather than decline, as it had previously forecast. Tobias Schwarz/AFP/Getty ImagesEither way, it’s welcome news for Europe’s biggest economy. “The German economy has been more resilient than initially feared,” Jan-Christopher Scherer, a research associate at DIW Berlin, told CNN. About 40% of German companies expect business to decline in 2023, and another 35% think it will stagnate, according to a November survey of 2,500 firms conducted by the German Economic Institute.

☆ These 4 lucrative side hustles dominated 2022—and they require less than 20 hours of work per week
▼ + stars: | 2023-01-11 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

The couple now only spends about an hour per week managing bookings, they say. She works 10-15 hours per week managing, cleaning and checking in on the bookings. Vending machinesYou might be surprised to learn how lucrative vending machines are for their owners. Now, he spends six hours per week managing 57 vending machines, which bring in an average of $30,000 per month, as his full-time job. In 2018, he moved from Rochester, New York, to Philadelphia and bought two vending machines.

☆ Engineer saw how diapers were made, thought she could do better—now she has a $250,000 'Shark Tank' deal
▼ + stars: | 2023-01-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

In 2012, Amrita Saigal quit her dream job. In 2021, she launched Los Angeles-based Kudos, which makes disposable diapers from cotton and other sustainable materials — and on Friday's episode of ABC's "Shark Tank," she scored a $250,000 investment in Kudos from Mark Cuban and guest Shark Gwyneth Paltrow. Saigal also expressed plans to launch new products, including trainer swim shorts and adult sanitary products. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank." Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss:This ‘Shark Tank’ side hustle had almost zero revenue — here’s why Mark Cuban invested anyway17-year-old ‘Shark Tank’ contestant made slime in his garage, sold it to his friends, brought in $1 million in just 3 years

☆ German police clash with activists in showdown over coal mine expansion
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +4 min

Many Greens oppose the mine's expansion, but Economy Minister Robert Habeck of the Greens party has fronted the government's decision. Some activists dumped 250 kg (551 lb) worth of coal blocks in front of a local Greens party headquarters, German media reported. Some of the activists have built treehouses in Luetzerath, believing these would make it harder for police to force them to leave. The move echoes a similar protest in 2013 in the Hambach forest, which delayed an RWE coal mining project for years and became a symbol of anti-coal demonstrations. Those include firing up mothballed coal power plants and extending the lifespan of nuclear power stations after Russia cut gas deliveries to Europe in an energy standoff that sent prices soaring.

☆ Conservative leader Matt Schlapp is accused of fondling a male campaign staffer in Georgia
▼ + stars: | 2023-01-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | Jonathan Allen | ) www.nbcnews.com time to read: +6 min

"He reached in between my legs and fondled me," the former Walker staffer told NBC News in a telephone interview Thursday night. Schlapp, the chairman of the American Conservative Union, is married to former Trump White House aide Mercedes Schlapp. A senior official on the Walker campaign confirmed that the aide shared the allegation with his supervisors at the time. "The whole thing makes me physically ill," said the senior Walker campaign official. Both the staffer and the senior campaign official said the Walker campaign made legal counsel available to the staffer to discuss his legal options and indicated the campaign would support whatever decision he made.

☆ Richard Branson left school at 15—his headmaster said he'd either 'go to prison' or 'become a millionaire’
▼ + stars: | 2023-01-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

When billionaire Richard Branson was 15, he dropped out of school to run a magazine. The headmaster at Branson's school was taken aback by his persuasiveness, and offered a prediction and a warning. "[I knew] I could pay for the printing of the paper and manufacturing, and so I quit school … with the headmaster saying, 'You're either going to prison or you're going to become a millionaire,'" Branson, 72, said on the podcast. Branson hasn't spent any time behind bars, but he has an estimated net worth of $3.5 billion, as of Thursday morning. In a 2019 blog post, Branson wrote that dyslexia is often associated with high levels of creativity and problem-solving abilities.

☆ Mark Cuban on the habit all 30-somethings need to succeed: Without it, 'you're not expanding your mind'
▼ + stars: | 2022-12-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

If you can't come up with a New Year's resolution, Mark Cuban has you covered. On Sunday, the Dallas Mavericks owner told Bill Maher on the "Club Random" podcast that everyone over 30 should be reading every day. "Somebody 40 and over, even 30 and over, if you're not reading, you're f---ed… because you're not expanding your mind," Cuban said. "I tell my kids… 'Somebody who doesn't read lives one life, somebody who reads an unlimited number of lives.'" But Cuban said he had to adopt a different strategy for his son, now 13, who doesn't like to read.

☆ This 1-minute wellness hack was the biggest ‘Shark Tank’ investment of the year—and Robert Herjavec offered $2.4 million for it
▼ + stars: | 2022-12-29 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

The largest investment on ABC's "Shark Tank" in 2022 didn't go to a robotics company or a vegan food empire. On a May 2022 episode, Robert Herjavec offered $2.4 million to Plunge, a Lincoln, California-based company that sells tubs designed for cold-water immersion. Kevin O'Leary offered Garrett and Duey $1.2 million for 18% of Plunge, while Barbara Corcoran offered $600,000 in cash and $600,000 in loan or line of credit for 20% of Plunge. CNBC Make It reached out to Plunge for an update, but the company declined to comment on the current status of their partnership with Robert Herjavec. Sign up now: Get smarter about your money and career with our weekly newsletterDon't miss:Mark Cuban offered multiple $1 million ‘Shark Tank’ investments this year—here’s what they have in commonI’m a health & wellness reporter.

☆ Mark Cuban offered multiple $1 million 'Shark Tank' investments this year—here's what they have in common
▼ + stars: | 2022-12-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Mark Cuban, who built his fortune starting and selling tech companies, only offered two $1 million investments on ABC's "Shark Tank" in 2022. Instead, the owner of the NBA's Dallas Mavericks gave his biggest investments of the year to two food companies. It's not unusual for a "Shark Tank" investor and company to abandon or revise their partnership. In May, CupBop told CNBC Make It it was operating 36 locations across six U.S. states and more than 100 locations in Indonesia. Cuban, who went vegetarian in 2019, has invested millions of dollars over the past few years in other food companies on "Shark Tank."

☆ Why we’re so bad at forming new habits—and how to be better
▼ + stars: | 2022-12-23 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

My younger, more disciplined sister hates resolutions: "Why wait for a calendar date to do something that's good for you? Make the decision to be better now," she says, as I eat Christmas cookie dough and promise to give up sugar starting Jan. 1. We need to better understand how habits are formed. So, how do you implement healthier habits without thinking too hard? When it's hard to exercise or eat perfectly or if you just really, really crave takeout from a single-use plastic container, forgive yourself.

☆ Mark Cuban has 4 rules for making money—No. 4 is: 'Know your s--t better than anyone else in the room'
▼ + stars: | 2022-12-18 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Mark Cuban says anyone can become a millionaire by following his four rules of success. "Selling isn't about convincing, it's about helping," Cuban told the School of Hard Knocks in a TikTok. "When you walk into a room, you [need to] know your s--t better than anyone else in the room," he said. That lesson may be why Cuban seems confident enough in his four rules to stake his own livelihood on it. "I would get a job as a bartender at night, and a sales job during the day, and I would start working," Cuban said.

Search resuls for: "Sauer"

25 mentions found