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The 10 biggest wealth gainers have added a collective $360 billion in net worth so far in 2024. Nvidia's Jensen Huang, Meta's Mark Zuckerberg, and Oracle's Larry Ellison are up over $50 billion. Go to newsletter preferences Thanks for signing up! AdvertisementTen people have grown their personal fortunes by a combined $360 billion this year — a sum larger than the market value of Coca-Cola ($307 billion), Bank of America ($301 billion), or Netflix ($295 billion). This year's biggest wealth gainers include Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, and Oracle chairman Larry Ellison.
Persons: Nvidia's Jensen Huang, Meta's Mark Zuckerberg, Larry Ellison, Jeff Bezos, Warren Buffett, , Jensen Huang, Mark Zuckerberg Organizations: Walmart, Service, Bank of America, Netflix, Nvidia, Business
The journalist Evan Gershkovich has been in captivity in Moscow for 100 days on espionage charges. My friend Evan Gershkovich, many of you now know, was captured by the Russian government on March 29. Evan loves his friends. Evan loves the Mets, and he loves Arsenal, and he especially loves sharing those teams with people who aren't already under the spell. Natalia Kolesnikova/AFP/Getty ImagesLet's bring Evan homeFor everyone who is friends with Evan, for everyone in his orbit, he's the center of their world.
Persons: Evan Gershkovich, He's, extrovert who'd, Jeremy Berke, Evan, he'd, Gershkovich, It's, , Yevgeny Prigozhin, Berke, He'll, we'd, Natalia Kolesnikova, — who've, Let's, we've, We've, he's, I'm, Jeremy Organizations: Moscow, Morning, CNN, Wall Street, Bowdoin College —, New York Times, Russia's, Muscovites, West, Arsenal, Mets, Court, Getty, Columbia Business School Locations: Moscow, Russian, New York, Soviet Union, New Jersey, Russia, Ukraine, Brooklyn, AFP
The journalist Evan Gershkovich has been in captivity in Moscow for 100 days on espionage charges. My friend Evan Gershkovich, many of you now know, was captured by the Russian government on March 29. Evan loves his friends. Evan loves the Mets, and he loves Arsenal, and he especially loves sharing those teams with people who aren't already under the spell. Natalia Kolesnikova/AFP/Getty ImagesLet's bring Evan homeFor everyone who is friends with Evan, for everyone in his orbit, he's the center of their world.
Persons: Evan Gershkovich, He's, extrovert who'd, Jeremy Berke, Evan, he'd, Gershkovich, It's, , Yevgeny Prigozhin, Berke, He'll, we'd, Natalia Kolesnikova, — who've, Let's, we've, We've, he's, I'm, Jeremy Organizations: Moscow, Morning, CNN, Wall Street, Bowdoin College —, New York Times, Russia's, Muscovites, West, Arsenal, Mets, Court, Getty, Columbia Business School Locations: Moscow, Russian, New York, Soviet Union, New Jersey, Russia, Ukraine, Brooklyn, AFP
A wave of generative AI founders have reportedly found a venue in HF0 to develop their ideas. The New York Times reports the effort is a communal hub for founders and ex-Big Tech engineers. In an alcohol-free, work-hard, play-hard hotel environment, developers can revel and dine together while building their businesses, The New York Times reports. It's been steadily attracting developers with a knack for AI, according to The Times' feature, though it's open to aspiring tech founders in general. Read the full story at The New York Times.
Persons: revel, Hacker, It's, who've, Andreessen Horowitz, Lu, Jeff Chiu, Dave Fontenot, Emily Liu, Evan Stites, Clayton, HF0, Fontenot didn't, ChatGPT Organizations: New York Times, Big Tech, Morning, The Times, Google, Sequoia, Times, The New York Times Locations: HF0, San Francisco, San
Silicon Valley's Hail Mary moment
  + stars: | 2023-05-07 | by ( Linette Lopez | ) www.businessinsider.com   time to read: +14 min
Silicon Valley has entered the Hail Mary phase of its business cycle — a desertic part of a tech-industry downturn where desperation can turn into recklessness. Don't fear the robotsTo understand the Hail Mary moment, it's important to understand the actual capabilities of technology these tech titans are touting. Again, what Musk is describing is AI general intelligence — something much more advanced than the generative AI OpenAI is building on at the moment. During the pandemic when governments were handing out cash and people were stuck at home, the world bought everything Silicon Valley was selling. But those are exactly the types of workers getting laid off in Silicon Valley right now.
As India's population inches past China's, it remains burdened by a workforce with worthless degrees. This glut of incompetent workers comes as India's population is set to overtake China's by mid-2023, per the United Nations. While some colleges provide inadequate training, a private university in North India went one step further, and sold fake degrees. Bloomberg's report on India's failing education system comes as India is set to overtake China as the world's most populous country. By mid-2023, India's population is estimated to reach 1.4286 billion, 2.9 million more than China's 1.4257 billion people, per the United Nations Population Fund's "State of World Population Report."
TikToker Nicole Tsai says she went to Disneyland to 'eat her feelings' after being laid off from Google. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. The ex-employee, TikToker Nicole Tsai, said she was one of the 12,000 people laid off from the tech giant last Friday. According to her LinkedIn page, Tsai worked as a partner services program manager at Google in Irvine, California, since July 2021. She then decided to go to Disneyland, where she indulged in treats like churros, a teriyaki turkey leg, Rice Krispies, and a corn dog, snippets of the video posted to TikTok show.
Founded as the side project of four college friends, Eniac Ventures has become a major player in VC. They named the firm Eniac Ventures, after the first electronic computer, developed at the University of Pennsylvania's engineering school, where the four had met. What started as the side hustle of four college buddies has become a powerhouse of the venture-capital industry, backing some of tech's hottest unicorns. And Eniac has invested alongside some of the biggest names in venture, including Y Combinator, Lightspeed Venture Partners, and New Enterprise Associates. Vasen met the Eniac partners at an event they hosted for prospective founders at a Chinese restaurant in San Francisco.
Sen. Dan Sullivan, a Republican from Alaska, was weeks late disclosing two stock sales. Sullivan's office told Insider that an investment manager was tardy informing the senator that the stock had been sold. Since 2021, 75 members of Congress have violated the Stop Trading on Congressional Knowledge Act's disclosure provisions. A personal financial disclosure filed on November 3, 2022, by Sen. Dan Sullivan, a Republican who represents Alaska. US SenateIn a statement to Insider, Sullivan spokesman Mike Reynard said that Sullivan wasn't aware of the sale of his stock until after a federal disclosure deadline had already passed.
Ron and Casey DeSantis got married at the Walt Disney World Resort in 2009.in 2009. But details of the DeSantis Disney wedding, known to an estimated 150 guests in attendance at the September 26, 2009, nuptials, hasn't previously been reported. Three people confirmed the location to Insider, which learned of the DeSantis wedding location while reporting a story about Casey DeSantis. Octavio Jones/Getty ImagesDeSantis revoked Disney's special carve-outThe Disney wedding venue is the latest news to emerge from the DeSantis-Disney saga. Disney is Florida's largest private employer through its Walt Disney World theme park and resort, and the company has championed gay rights since the 1990s.
Rep. Lloyd Doggett, a Democrat from Texas, was days late disclosing four stock purchases. Congress is actively debating whether to ban lawmakers from trading individual stocks. I continue to hold the same seven individual stocks acquired long ago," Doggett said. A certified congressional disclosure from Rep. Lloyd Doggett, a Democrat from Texas, indicating he was days late reporting he purchased stock shares in four companies. "I am supportive of a ban on active trading of individual stocks," he said.
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