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☆ How Group Black's $500 million promise to Black-owned media unraveled
▼ + stars: | 2024-07-24 | by ( Lucia Moses | Lara O'Reilly | ) www.businessinsider.com time to read: +16 min

Montaque cofounded Group Black in 2021 with the goal of directing $500 million in advertising money to Black-owned media in its first 18 months. With the pledge, Group Black laid out a plan to steer money to Black media owners and acquire media companies. Bough, Group Black's chief strategy officer, was a former Mondelēz and PepsiCo marketer who presented the CNBC reality show "Cleveland Hustles." Various outlets reported that Group Black mounted bids for media companies including the Sports Illustrated publisher Arena Group, the Paramount-owned BET, Vice Media, and Vox Media. Seven former employees described Montaque as an energetic leader but said he was ultimately ineffective in executing Group Black's mission.

Persons: Travis Montaque, Weeks, Montaque, Bonin, Black, George Floyd, Breonna Taylor, Richelieu Dennis, Dennis, Ursula M, Burns, Randy Brooke, Ursula Burns, Seth Kaufman, Moët Hennessy, Gamble, Ziff Davis, offsites, Gamble —, Spokespeople, Derrick Johnson, Lionel Hahn, Todd Brown, It's, Christopher Kenna, I'm, Samantha Skey, Black's Travis Montaque, Arturo Holmes, Vivek Shah, Bough, Sheila Marmon, Media's Refinery29, Erika Goldring, Richelieu Dennis who's, Kirk McDonald, GroupM Organizations: Black, Cannes Lions, Business, Black's, SHE, Cola, Walmart, PepsiCo, CNBC, Xerox, Getty, Moët Hennessy North America, Procter, Gamble, NAACP, Urban Edge Network, Corporate America, Association of National Advertisers's Alliance, Inclusive, Multicultural, Diversity Media, Penske Media Corp, Zeta, Fox, Everyday Health, Sports, Arena Group, Paramount, BET, Vice Media, Vox Media, Galore Media, Mirror, Marmon, Media Locations: GroupM, America, Soho, Manhattan, Santa Monica, Cannes

☆ Patagonia gave 90 staff a choice — relocate across the US or leave the company. They've got 3 days to decide.
▼ + stars: | 2024-06-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

CX employees must now live within 60 miles of one of seven "hubs" — Atlanta, Salt Lake City, Reno, Dallas, Austin, Chicago, or Pittsburgh. AdvertisementPatagonia verified the details of the announcement to BI, confirming that 90 of 255 CX staff in the US were affected. Both employees BI spoke to said they were accepting the severance and did not know anyone who was considering relocation. AdvertisementPatagonia spokesperson Corley Kenna told BI several employees had already indicated they would relocate. Advertisement"The reality is that our CX team has been running at 200% to 300% overstaffed for much of this year," Kenna told BI.

Persons: —, Amy Velligan, Bruce Old, George Frey, I've, Corley Kenna, Kenna, We've, Yvon Chouinard, Harris, Chouinard, Jean, Marc Giboux, Yvon Chouinard's, Yvon, it's Organizations: Service, Business, Workers, Walmart, Patagonia, BI, Reno, New York Times, Washington Post Locations: Patagonia, Atlanta, Salt Lake City, Reno, Dallas, Austin, Chicago, Pittsburgh, California, Ventura, Nevada

☆ 'Bridgerton' actor Jessica Madsen would 'love' to see Eloise and Cressida have a friends-to-lovers story
▼ + stars: | 2024-06-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Read preview"Bridgerton" actor Jessica Madsen and fans of the show want one thing: for Cressida Cowper and Eloise Bridgerton to fall in love with each other. AdvertisementSpeaking to Business Insider ahead of the "Bridgerton" season three, part one premiere, Madsen said she would love to see Cressida and Eloise have a friends-to-lovers storyline. Calls for Cressida and Eloise to become a couple grew after fans became aware that Madsen is in love with a woman. Benedict (Luke Thompson) (right) and Eloise Bridgerton (Claudia Jessie) in "Bridgerton" season three. Advertisement"I've always loved that there's this coding that people have with Eloise," Jessie said.

Persons: —, Jessica Madsen, Cressida Cowper, Eloise Bridgerton, Cressida, Madsen, Eloise, Claudia Jessie, Liam Daniel, " Madsen, I'd, haDUA9W72u, brian ✒️ ✨, eloise don’t, Ha7zSiXPkW, kenna 🤠 Organizations: Service, Netflix, Business, Pride

☆ Universities Roiled by Protests Set to Hold Graduations
▼ + stars: | 2024-05-04 | by ( John Yoon | Emily Cochrane | ) www.nytimes.com time to read: +6 min

Dr. Orleck, 65, was zip-tied and was one of 90 people who were arrested, according to the local police. It was unclear what disciplinary action, if any, the arrested students would face from the university. In her message, Dr. Beilock strongly defended the decision to sweep away the encampment. As the police moved in, arresting students, Dr. Orleck said she started taking videos. Dr. Orleck, she said, was recording the police with her phone.

Persons: Annelise Orleck, Caleb Kenna, Annelise, Orleck, Sian Leah Beilock, Beilock, ”, —, Dr, ” “, “ I’ve, I’ve, Dartmouth, James M, Israel —, “, They’re, ’ ”, Ivy Schweitzer, “ Annelise, ” Dr, Schweitzer, ” Jenna Russell, Sheelagh McNeill Organizations: Dartmouth College, The New York Times, Dartmouth, Wednesday, Valley, Associated Press, Columbia, New York Times, Hanover Police Department Locations: Gaza, Hanover, N.H, Dartmouth, Israel

The pay data includes salaries ranging from a data scientist position that offers $170,000 per year at Discord to a staff engineer role that earns $250,000 or more at Patreon. AdvertisementHere are the annual salaries for a job at FaZe Clan:Legal Counsel: $142,273 median starting range; from $133,308 to $194,437FaZe Clan did not respond to BI's request for comment. At LTK, a senior software engineer would make $130,000Courtesy of LTKLTK, formerly known as RewardStyle, is an affiliate-marketing and social-commerce platform used by influencers across Instagram, YouTube, and TikTok. At Teachable, a level II senior software engineer would make $190,000Teachable is a platform where creators can build and sell online courses and coaching programs. Here are annual salary ranges for several jobs at Teachable:Data Analyst : $69,826 to $85,000: $69,826 to $85,000 Senior Software Engineer : $160,000 to $180,000: $160,000 to $180,000 Senior Software Engineer - Core : $150,000 to $170,000: $150,000 to $170,000 Senior Software Engineer II : $190,000: $190,000 Software Engineer: $125,000 to $135,000Teachable did not respond to BI's request for comment.

Persons: upstarts, we're, Justin Kenna, they've, ByteDance, Teachable, Konstantin Savusia, James Nord, Brandon Brown, Ryan Brown, Brian Mechem, Warby Parker, Grin, Amanda Perelli, Anthony, Alex Zaccaria, Nick Humphreys, Linktree's, Amber Venz, Baxter, Read, Sydney Bradley, economy's, Patreon, Chris Best, Jason Henry Substack Organizations: YouTube, Business, FaZe, Safety, Software, Security, Enterprise Security, FaZe Clan, Fohr, Inc, Grin Technologies, Facebook, Keli Network Inc, Business Affairs, Jellysmack, Linktree, Ops, RewardStyle Inc, Networks, Mighty Networks, Mighty Software, Engineering, Sydney, Sydney Bradley One, BI, Staff, Social, Data Engineering, Trust, Quality Assurance, Hotmart, & $ Locations: California, New York, Texas, FaZe, Fohr, Jellysmack, Karat, Linktree, LTK, Instagram, Dallas , Texas, Teachable

☆ HBO just released its first teaser for 'House of the Dragon' season 2. Expect more dragons and more bloodshed.
▼ + stars: | 2023-12-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

AdvertisementGet ready, because the second season of "House of the Dragon" is less than a year away. "House of the Dragon" season two will arrive on HBO sometime in the summer of 2024, HBO CEO Casey Bloys said at a Warner Bros. The first trailer for 'House of the Dragon' season 2 was released in DecemberThe first trailer for the second season was released on December 2 during the "House of the Dragon" panel at CCXP23 in São Paulo, Brazil. You can check it out here:Who's in the cast of 'House of the Dragon' season 2? Theo Whiteman/HBOWhile season one of "House of the Dragon" had 10 episodes, season two will only have eight, Deadline reported in March.

Persons: —, George R.R, Casey Bloys, Martin, Emma D'Arcy, Matt Smith, Matthew Needham, Eve Best, Rhys Ifans, Phoebe Campbell, Bethany Antonia, Ewan Mitchell, Fabien Frankel, Harry Collett, Olivia Cooke, Phia Saban, Steve Toussaint, Tom Glynn, Carney, Ollie Upton, Milly Alcock, Rhaenyra, Viserys, Paddy Considine, Simon Russell Beale, Ser Simon Strong, Freddie Fox, Ser Gwayne Hightower, Gayle Rankin, Alys, Abubakar Salim, Clinton, Jamie Kenna, Ser Alfred Broome, Kieran Bew, Hugh, Tom Bennett, Ulf, Tom Taylor, Cregan Stark, Vincent Regan, Ser Rickard Thorne, Theo Whiteman, Aemond, Miguel Sapochnik, Sapochnik, Ryan Condal, Alan Taylor, Condal, Alicent, Alicent Hightower, Rhaenyra Targaryen, Glynn, D'Arcy Organizations: Service, Dragons, HBO, Warner Bros, WGA, SAG, Entertainment, Jefferson, Clinton Liberty, Hollywood, Aegon Locations: Westeros, London, Wales, British, São Paulo, Brazil, Alys Rivers, Hull

☆ Everything we know about 'House of the Dragon' season 2
▼ + stars: | 2023-12-03 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

☆ How FaZe Clan's future owner hopes to rein in pissed-off talent and build a sustainable influencer business
▼ + stars: | 2023-11-01 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

Several of its top talent have revolted against the company on social media over the past year. Beginning in late 2022, Nordan "FaZe Rain" Shat posted a series of YouTube videos criticizing FaZe's leadership and spending decisions. He would oversee the brand alongside Thomas "FaZe Temperrr" Oliveira, FaZe's proposed president, and Yousef "FaZe Apex" Abdelfattah, set to become FaZe's COO. GameSquare CEO Justin Kenna, a former CFO at FaZe, said he knew he needed buy-in from FaZe talent for the deal to move forward. GameSquare wrote in a press release announcing its FaZe deal that it expects to record more than $18 million in savings by cutting "duplicate corporate costs" and other expenses following a merger.

Persons: Shat, FaZe's, influencer Richard, FaZe, Bengtson, GameSquare, Thomas, Oliveira, Yousef, Justin Kenna, Kenna, Bengston, Lee Trink, Tyler, Ninja, Blevins, we're Organizations: FaZe, Nasdaq, Ninja Labs

☆ FaZe Clan's plummeting valuation shows how risky it can be to bet your company's future on influencers
▼ + stars: | 2023-10-26 | by ( Dan Whateley | Geoff Weiss | ) www.businessinsider.com time to read: +5 min

While esports as a category has broadly struggled with monetization , FaZe's difficulties stemmed more from its reliance on just a few influencers for revenue. The company makes money through revenue splits with its talent, brand partnerships, and esports winnings. For FaZe, that revenue is often concentrated on the backs of a few big stars. "This was too nascent of a business model to be publicly traded with too much 'key person risk' around influencers," Chapman said of FaZe. GameSquare has subsidiaries like merchandise brand Mission Supply Co., influencer-marketing platform Sidekiq, and streaming data analytics firm Stream Hatchet, all of which could potentially be applied to the FaZe brand.

Persons: Influencers, Clan, monetization, Michael Metzger, Josh Chapman, FaZe, Chapman, Justin Kenna, Kenna, we're Organizations: Drake, Konvoy Ventures, Clubhouse Media, YouTube Locations: influencers, GameSquare

☆ How the right software solutions can help your business observe and secure its applications
▼ + stars: | 2023-07-26 | by ( Sponsor Post | Created Insider Studios With Cisco | ) www.businessinsider.com time to read: +6 min

New digital business models generate immense growth opportunities, but also increase risk. Businesses need to move beyond traditional application monitoring to full stack observability to identify and mitigate vulnerabilities and ensure optimal performance. Cisco's Business Risk Observability is an enhancement upon and part of Cisco Full Stack Observability. Assessing risk with Cisco Full Stack ObservabilityCisco's Business Risk Observability helps shore up businesses from attacks and challenges. Find out more about how Cisco's Full Stack Observability can help you identify vulnerabilities.

Persons: Randy Birdsall, They're, Birdsall, We're, Cisco Kenna Organizations: Business, IT, IDC, Cisco AppDynamics, Cisco, Cisco Panoptica, Insider Studios

☆ Mexican president slams Peru's state of emergency, blasts U.S. official
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

Unrest in Peru erupted after the ousting of leftist President Pedro Castillo, who was arrested last week after trying to dissolve the country's Congress. "Force must not be used, the people must not be repressed and freedoms must be guaranteed," Lopez Obrador said during a regular news conference. Lopez Obrador took aim at the U.S. ambassador to Peru, Lisa Kenna, for meeting President Dina Boluarte, who replaced Castillo. "It may even be (U.S. Secretary of State Antony) Blinken of the State Department doesn't know about it, and it was down to the embassy," Lopez Obrador said. It also showed 51% of respondents felt Lopez Obrador should stay out of the affairs of other countries, with 39% saying he was right to give his views.

☆ Peru lawmakers vote to oust President Castillo after Congress shut-down threat
▼ + stars: | 2022-12-07 | by ( Marco Aquino | ) www.reuters.com time to read: +1 min

[1/6] Peru's President Pedro Castillo delivers a statement to the media along with Chile's President Gabriel Boric at the La Moneda government palace in Santiago, Chile, November 29, 2022. REUTERS/Ivan AlvaradoLIMA, Dec 7 (Reuters) - Peru's Congress voted to oust President Pedro Castillo in an impeachment trial on Wednesday, hours after he said he would dissolve the legislature by decree and threw the Andean country into a full-on constitutional crisis. Ignoring Castillo's attempt to shut down Congress, lawmakers moved ahead with the impeachment trial, with 101 votes in favor of removing him, six against and 10 abstentions. "The United States categorically rejects any extra-constitutional act by President Castillo to prevent Congress from fulfilling its mandate," the U.S. ambassador to Peru, Lisa Kenna, wrote on Twitter. Peru, which has gone through years of political turmoil, has seen major stand-offs between the president and Congress before.

CNN —Peruvian lawmakers have voted to oust President Pedro Castillo, dramatically escalating Wednesday’s political crisis that began hours earlier when Castillo attempted to dissolve the legislative body and install an emergency government. A majority of 101 lawmakers in the 130-person congress later voted to impeach Castillo, with the body announcing that Vice President Dina Boluarte will be sworn in as the new President of Peru. Francisco Morales, the president of Peru’s Constitutional Court, urged Boluarte to assume the presidency in a speech prior to the congressional vote. Lawmakers stand inside Congress on the day of their planned impeachment vote on President Pedro Castillo in Lima, Peru, Wednesday, Dec. 7, 2022. The complaint allows congress to carry out its own investigation against the president.

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