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Recent graduates told BI they have sent hundreds of job applications with little response. Some are choosing to pursue a "panic master's" degree to delay their job search. AdvertisementA computer science degree has become an increasingly popular choice for students seeking a six-figure job in Big Tech out of college. According to data from PayScale published last year, employees with a master of science degree make an average base salary of $112,000, compared to $72,000 for those with a bachelor's degree in computer science. "It just might not be a cushy tech job that all of us have been raised to think about."
Persons: Parvatini, Yahya Bashir, Gustavus Adolphus, Bashir, Emos Ker, Ker, " Ker, it's, David Garlan, they're, Ian Hurrel, Hurrel, PayScale, Sydney Bishop, Bishop, Samuel Onabolu, Onabolu Organizations: Penn State University, Big Tech, ADP Research, Gustavus, Gustavus Adolphus College, New York University, Carnegie Mellon, Columbia, CS, Carnegie, of Graduate Schools, Georgia Institute of Technology, Burning Glass Institute, Sydney, UC Irvine, Google, Microsoft, US Bureau of Labor Statistics, Brock University Locations: Big Tech
"The market is proving that private credit has a reason to exist," said Carlyle exec Nicola Falcinelli. Tens of billions poured into private credit funds in the third quarter — and then the world's largest asset manager joined the party. Related Video How Twitter panic took down Silicon Valley BankOther finance giants are trying to get in on the private credit action, State Street is shopping around for a private credit firm, and Citi has linked up with Apollo for a $25 billion credit fund. Singapore sovereign wealth fund Temasek is forming a $7.5 billion private credit platform. "The market is proving that private credit has a reason to exist," said Nicola Falcinelli, the deputy head of European private credit at Carlyle, at Edelman Smithfield's annual investor summit Thursday in London.
Persons: Carlyle, Nicola Falcinelli, Edelman, Donald Trump, Matthew Theodorakis, LaRusse, Putri Pascualy, Pascualy, Blackstone Organizations: HPS, Partners, Bank, Citi, Temasek, Ares Management, Investment Locations: Singapore, Wall, London
A splintered social media world is on the horizon — and it's paving the way for a new, more authentic breed of influencer. "People are just trying to find authentic communities," Eric Wittman, CEO of photo-editing app VSCO, told Business Insider. Smoothy said she sees things changing, with different "tiers" of content creators emerging from the industry's oversaturation. New social media horizonsLucy Edgerley, the head of influence at the global social media agency Born Social, told BI that Gen Zers, in particular, are craving creativity, entertainment, and inspiration. Young people who have grown up with social media are learning the lessons about the dark side of it — the mental health toll, the bullying, and the over-consumerism — the hard way, he said.
Persons: Reddit, Eric Wittman, Wittman, Chand Rajendra, Kate Smoothy, Smoothy, Lucy Edgerley, Zers, Kim Murray, Murray, Edgerley Organizations: University of Massachusetts Amherst, Webhive, Social, Virality
General Motors CEO Mary Barra said on Tuesday that EV manufacturers face steep competition in China. It's not sustainable for EV manufacturers like GM, Barra said. AdvertisementGeneral Motors CEO Mary Barra said there are so many companies trying to sell EVs in China right now that it's driving a price war that isn't sustainable. "You have to look at what the sustainable business is because the situation that is there right now is not sustainable," Barra said. In China specifically, GM sold 14% more vehicles in the third quarter than in the second.
Persons: Mary Barra, Barra, , she's Organizations: EV, GM, Service, General, TechCrunch, European, BI, China EV, Benz Locations: China, San Francisco
U.S. officials have privately said that Trump's campaign was the victim of the attack. Former President Donald Trump at a campaign rally on Sept. 24, 2024, in Savannah, Ga. Brandon Bell / Getty ImagesUnsolicited emails that included the stolen material from Trump’s campaign were then sent to associates of his Democratic political rival. The hack against the Trump campaign is just the latest example of an increasingly brazen approach by Iran that includes alleged murder plots against dissidents and defectors on American soil and an assassination threat against former President Trump, U.S. officials and analysts say. For more than two months, hackers who stole the documents have tried to persuade the American media to write about or publish the files they stole. “I’m just not a believer of the news media as an arm of the government, doing its work combating foreign influence.
Persons: Donald Trump, Brandon Bell, Masoud Jalili, Seyyed Ali Aghamiri, Roger Stone, , Joe Biden’s, Trump, Matthew Olsen, Olsen, , Sen, JD Vance, Ken Klippenstein, ” Klippenstein, “ I’m, General Merrick Garland, Kent Nishimura, Robert, , Robert persona’s, Konstantin Kalashnikov, Elena Afanasyeva, Tenet Organizations: Islamic Revolutionary Guard Corps, Getty, Democratic, CIA, Defense Department, United Nations, FBI, National Intelligence, Infrastructure Security Agency, Justice Department, NBC News, department’s National Security Division, Trump, Beijing, U.S, NBC, Department of Justice, Justice, YouTube, RT, Tenet Media Locations: Washington, Savannah , Ga, Iran, Fars, U.S, Russia, China, American, R, Ohio, Tennessee
She started a print-on-demand shop, using Canva software to create designs for Etsy-friendly products like T-shirts and candles. Last year, Odio-Sutton opened a second Etsy shop — selling downloadable event materials, like sign-up sheets and schedule templates — that's brought in $17,200 in sales so far in 2024. I'll batch design 10 candle labels one day, then make the listings for them on Etsy the next day. I follow what I'd call a template method: I do a lot of black-and-white designs, a lot of plain text. Then, if I have a template that sells really well, I'll just go in and swap in new words.
Persons: they've, Emily Odio, Sutton, She'd, She's, that's, , I'm Organizations: CNBC, Gold City Ventures Locations: Melbourne , Florida, Sutton, Odio, U.S
I’m 36 — when do I have to give up crop tops?
  + stars: | 2024-09-01 | by ( Jacqui Palumbo | ) edition.cnn.com   time to read: +6 min
CNN —As a pre-teen in Y2K, the (small) shadows of crop tops loomed large. In a decade when unforgiving low-rise jeans were the norm — and criticism over women’s bodies perfunctory — crop tops were not casual, easy wear; any softness of the torso was considered an aberration. Now that I’m 36, crop tops have become an unlikely staple in my wardrobe, and I’m reluctant to let them go. Can I still wear crop tops in my forties? I can also keep wearing crop tops for as long as I feel like it — after all, whenever I see a woman a generation ahead of me owning her personal style and at ease with herself, it gives me something to aspire to.
Persons: Keira Knightley, Tommy Hilfiger, Buffy ”, baring, Gwen Stefani's midriff, Ron Galella, Jeffrey Mayer, WireImage, I’m, they’ve, Martens clompers, Julia Fox's, Bauer, Griffin, Jennifer Lopez doesn't, , I’ve, Ashley Graham, Jim Spellman Organizations: CNN Locations: South Carolina, New York City, Chinatown
Investors highlighted their portfolio companies and startups they had no financial ties to. Leena Rao, who oversaw the list and leads BI's VCs and startups team, estimated about 80% of the startups included are focused on AI. AdvertisementiStock; BIAs differentiated as AI startups try to be, the market has undeniably become oversaturated. Big Tech reform is coming, but Washington won't be the one doing it. Congress can't or won't act, so people who want Big Tech companies to change their ways are trying to do it through the courts .
Persons: , Kamala Harris, Tim Walz, Here's, Kimberly White, Chelsea Jia Feng, Leena Rao, BI's, That's, It's, Arindam Sandilya, Paul Dietrick, Oppenheimer, John Stoltzfus, Jenny Chang, Rodriguez, Adam Mosher, Mosher, YouTube's, Jimmy Donaldson, Alyssa Powell, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Boldstart Ventures, TechCrunch, Healthcare, Getty, JPMorgan, FX, UBS, BI Prosecutors, Big Tech Locations: Minnesota, we're, Washington, New York, London
Buying a car, notching his first five-figure month, and partnering with a friend to bring the business onlineAfter a year of school, Shaidle restarted his cleaning business in June 2022. AdvertisementAran Giffen joined the Shaidle Cleaning team in 2023. He and Giffen spent their second year at university planning for what they expected to be a busy 2024 season for Shaidle Cleaning. Shaidle Cleaning is completely student-operated. Giffen, who's on a full university scholarship for accounting, isn't technically under contract as a Shaidle Cleaning employee.
Persons: Jacob Shaidle, Shaidle, , that's, Aran Giffen, He'd, didn't, Jake, Giffen, they've, you've, who's, I'd Organizations: Service, Business, Home, University of British, UBC, Hamilton Spectator, Shaidle Locations: Hamilton, Canadian, Ontario, University of British Columbia, Canada
With the Galaxy Z Flip 6, Samsung has effectively addressed some of these compromises. Samsung Galaxy Z Flip 6 Samsung's iconic flip phone has been upgraded with a new model, the Galaxy Z Flip 6. Unfolded, the Galaxy Z Flip 6 is a two-tone device, no matter what color you pick. The Galaxy Z Flip 6 has wider black borders around the display than the Galaxy S24. The Galaxy Z Flip 6 changed my critical mind of Samsung's flip phones.
Persons: Antonio Villas, It's, it's, There's, , Samsung's, Samsung, ultrawide, they've, I'd Organizations: Business, Samsung, Amazon, Boas, Galaxy, Qualcomm, Wireless, YouTube
In large South Korean cities like Seoul, convenience stores are on every corner, sometimes with multiple outlets from competing companies dotting the same street. Heo Ran/ReutersThere are a few things that set South Korean convenience stores apart. A quick search on YouTube, TikTok or Instagram shows an endless supply of videos about Korean convenience stores. Indeed, Korean convenience store companies have grown so successful they are even expanding overseas. But when she next returns to South Korea, she will “definitely” still visit a convenience store and hit record, she said.
Persons: , Chang Woo, ” Chang, Heo Ran, Chang, – they’re, Jiny, , Emart24 –, Maeng Organizations: South Korea CNN, Korea Convenience Store, South, Kwangwoon University, Deloitte Korea, McKinsey, Companies, Deloitte, YouTube Locations: Seoul, South Korea, Japan, Taiwan, , United States, Korea, London, Australia, “ Korea, Sydney, Southeast Asia, Vietnam, Malaysia
Zaslav, the cable-executive-turned-mogul, orchestrated the tie-up between Warner Media and Discovery after running the latter for 15 years. "The current composition as a consolidated public company is not working," Ehrlich wrote in a July 16 note. AdvertisementZaslav should reexamine his strategy and look at options that would benefit his long-suffering stock, Ehrlich wrote. 3 best blueprints for a WBD turnaroundIn the note, BofA media analysts outlined several potential paths forward for Zaslav and the company. Advertisement"We have long discussed an impending 'rebundling' in media, as the current streaming market is oversaturated and ripe for consolidation," Ehrlich wrote.
Persons: , it's, David Zaslav, hasn't, Jessica Reif Ehrlich, Ehrlich, BofA, Bob Iger, Fox Organizations: Service, Warner Bros, Warner Media, Discovery, Business, Bank of America's, NBC, Disney, ABC, CBS, Paramount, Skydance, Max Locations: Zaslav, Hollywood
A dedicated meteor camera system captured the fireball over Northford, Connecticut. Mark KirschnerThe American Meteor Society received over 40 reports of a fireball sighting at around 11:15 a.m. The society confirmed that two videos submitted to AMS included footage of the fireball. During the same time eyewitnesses said they observed the fireball, several other spectators reported a loud sound as well as shaking in the area. The last fireball reported in daylight over the area was about a year and a half ago, Cooke said.
Persons: Bill Cooke, Cooke, Mark Kirschner, ” Cooke, Jason Stier, Robert Lunsford, ” Lunsford, Organizations: CNN, East Coasters, New, American Meteor Society, AMS, NASA, Southern Locations: New York City, New Jersey, Meteoroid, Northford , Connecticut, New York , New Jersey , Connecticut, Wayne , New Jersey
The Great Concert Ticket Bust
  + stars: | 2024-06-05 | by ( Emily Stewart | ) www.businessinsider.com   time to read: +10 min
There are a combination of factors that are dragging down some artists' ticket sales. Just having the big song doesn't necessarily always translate into ticket sales. But there are no guarantees that any of that will translate to hard ticket sales. "Just having the big song doesn't necessarily always translate into ticket sales." Hiccups are not all about ticket sales, either.
Persons: It's, Jennifer Lopez, Ben Affleck, she's, Lopez, JLo, Troye Sivan, Charli XCX, Bad Bunny, Justin Timberlake, Taylor Swift, Luke Combs, Zach Bryan, Olivia Rodrigo, they're, Jarred Arfa, Billy Joel, You'd, Gary Witt, COVID, who's, Nicki Minaj, David, Alicia Keys, that's, you've, Arfa, he's, Sivan, Charli, Kid Cudi, aren't, Def Leppard, Mötley, There's, SeatGeek, Witt, they'd, doesn't, Emily Stewart Organizations: Company, Ticketmaster, Independent Artist Group, Metallica, The Pabst Theater Group, Prince, Green, Live, Department of Justice, The Pabst Theater, Business Locations: Bronx, Minneapolis, Milwaukee
AdvertisementCut to: His parents, Cyndy and Glen Sr., crashing the red carpet and trolling him with big cardboard signs. "STOP TRYING TO MAKE GLEN POWELL HAPPEN," his mom's sign reads, while his dad holds one reading, "IT'S NEVER GONNA HAPPEN" to her left. Advertisement"I don't read tweets but my parents read tweets — so if you're talking sh-t, know that my parents are reading those tweets," he joked. "Even though they troll me, they support me in every way," Powell told ET. I have a huge, rowdy, Texas crew who gets me in all the right kinds of trouble," Powell told Nylon in a 2014 interview.
Persons: , Glen Powell, Powell, Richard Linklater's, Glen, POWELL, IT'S, Nicola Gell, he's, who've, Chad Radwell, Ryan Murphy, goofiness, Cyndy, Lauren Powell Whatton, Leslie, She's, Glen Sr, Powell's, aren't, — they're, Jimmy Fallon, Jack, Bobby, Marge, Linklater, Will Ferrell's, Buddy, it's Powell, Richard Linklater, Michael Loccisano, Lauren, Witt, Gwen, Sydney Sweeney, Nylon, I'm Organizations: Service, Netflix, Business, Paramount Theatre, Texas Film Hall of Fame, Hollywood, Getty, Entertainment, New York City, SAG, New York Film, Taronga Locations: Austin, Los Angeles, New York, Australia, Texas
For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.
Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America
Kate Boardman has visited 54 countries around the world and lived in 10, including the US. She's enjoyed spots like France and Bali but says people should visit underrated places like Oman. I've been to 54 countries and lived in 10, including the US. I also think spots like Cancun are super overrated; there are way cooler places to visit in Mexico. Kate Boardman/@wildkat.wandersI first lived in Guatemala in 2021, where I worked as a teacher at an international school.
Persons: Kate Boardman, She's, , I've, Boardman, It's, You've, they're, @wildkat.wanders, Kate Boardman There's, There's, you've, Earth Organizations: Service, Antigua —, United Arab Locations: France, Bali, Oman, Ecuador, Guatemala, Massachusetts, Germany, Tblisi , Georgia, Paris, London, Cancun, Mexico, Iran, Maharloo, Georgia, Tbilisi, It's, Soviet Union, Kazbegi , Georgia, Turkish, Central America, Costa Rica, Tikal, Guatemala City, Antigua, Boardman, Livingston , Guatemala, El, United Arab Emirates, Yemen, Muscat, Caribbean
But of course, Birkins, Kelly bags, and other Hermès pieces are nothing new. Jasmine Rasco and one of her Birkin bags. Richard Rodriguez/Stringer/Getty ImagesName: Tiffany MoonAdvertisementAge: 39Her first Birkin: Moon's first Birkin bag was a celebratory purchase. "I see these huge, palatial closets filled with lots of different Hermès bags. Why she loves them: The exclusivity factor plays a part in Millen's love for Hermès bags, but for her, it's about the quality.
Persons: Hermès, Birkin, Kelly, , Thierry Hermès, Robert Dumas —, Émile Hermès —, He's, They're, Jasmine Rasco, Rasco, Sellier, Azalee, Roscoe, it's, I'm, Tiffany Moon, Richard Rodriguez, Stringer, Tiffany, Moon's, Birkin —, Dallas, We're, I've, Lydia Millen, Joe Giddens, Millen, who's, slouchy Birkin, they're, Tania Antonenkova, Antonenkova, she's Organizations: Service, Hermès, Business, Epsom, Housewives Locations: Birkins, Paris, Hermès, Togo, Texas, San Fransisco, San Francisco, London, Faubourg, Versailles
The obsession with lavish weddings grew to a fever pitch in the years following the start of the Covid-19 pandemic. That’s bad news for wedding vendors who provide services like videography, photo booths and catering. Meanwhile, those vendors are facing a more worrisome existential threat: a looming drop in the overall number of weddings. But she said that so far in 2024, weddings are “cooling a bit.”A recent wedding where Gabrielle Stone served as the planner. In another life, some of those would-be couples who never met in 2020 could have gotten engaged this year.
Persons: , Shane McMurray, What’s, McMurray, Gabrielle Stone, ” Stone, Stone, Kay, Jared, Gina Drosos, , Z, ” McMurray, Toni Burrowes, Burrowes, didn't, Toni Burrowes “, Alyssa Young, We've, Alyssa Young “, it’s, ” Young, It’s Organizations: CNN, Signet Jewelers, Kay Jewelers, Signet, Alpha, University of Virginia, Brigham Young University, Bureau of Labor Statistics Locations: Boston, Zales, Central Florida, San Antonio, Texas
Bumble CEO Lidiane Jones told investors the dating app will look different when it relaunches. AdvertisementBumble might work differently for female users when the dating app relaunches later this year. During a Q4 earnings call, Jones told investors that she's not so sure about women "making the first move" on Bumble anymore. Talks of removing the feature began under Wolfe Herd, but Jones began overhauling Bumble when she took over in November. AdvertisementBumble marketed itself as a female-focused dating app.
Persons: Bumble, Lidiane Jones, Jones, it's, , she's, Whitney Wolfe, Wolfe Herd, Slack Organizations: Service, Google
Many gig drivers lured by the flexibility of gig work say the flexibility of their job is often limited. AdvertisementMany drivers for Uber, Lyft, and other rideshare and delivery apps say they value the flexibility of gig work over any other component. AdvertisementMany part-time drivers have previously told BI they value gig driving for the ease with which they could supplement their core income. Some drivers told her they would work 16-hour overnight shifts on weekends to find higher-paying, better-tipped rides. "Uber and its peers appeal to workers with oodles of promises that workers can hold the power to control their work hours.
Persons: , Uber, Sergio Avedian, Guy, Avedian, Lyft, Uber hasn't, Lindsey Cameron, Cameron, you've, Laura Katsnelson, Felix Oberholzer, Gee, Katsnelson, Katie Wells, Wells Organizations: Uber, Service, Business, Wharton School, Unit, Harvard Business School, Workers, Georgetown University Locations: Jacksonville , Florida, Los Angeles
Its S-1 filing mentions the word "Shopify" 198 times, and it said that about 77.6% of its annual recurring revenue came from Shopify merchants. About a third of the deals FE International facilitates are for businesses within the Shopify ecosystem, Smale said. Smale said that lately, he has worked with a "wider variety of acquirers" quietly looking to scoop up Shopify apps. He said that Shopify apps make good acquisition targets because they tend to be profitable and not venture-backed. "I always say Shopify SaaS applications are so great to build because they're kind of like building a SaaS on training wheels," Gazdecki said.
Persons: Shopify, Rachael Jones, Brent Murri, They've, Murri, Andrew Bialecki, Klaviyo, Dennis Hegstad, there's, Hegstad, Andy Cloyd, it's, We're, Thomas Smale, Smale, Andrew Gazdecki, Acquire.com, Gazdecki, Tobi Lütke, Lucas Jackson, wouldn't Organizations: Shopify's, Business, Boston Globe, FE International, Reuters Locations: Shopify, Klaviyo
When I was recruiting tech talent at small and midsize companies, I struggled to compete with the top tech giants. Locate and share layoff listsOf course, it's an unreasonable expectation to know of every layoff in your space. Be transparent about the company you're recruiting forFollowing a layoff, it's understandable for candidates to want to ensure it will not happen to them again. Be ready to discuss the financial climate and longevity of the company you're recruiting for. Highlight the importance of the role you're recruiting for to the success of the organization and its long-term plans.
Persons: Jessica Hicks, Hicks, , I've, Nestlé, it's, who've, that's Organizations: Big Tech, Google, Service, Nestlé Purina, Vox Media, LinkedIn
Scott said he's currently using side-hustle money to pay off his truck and aims to pay off his house. Scott is interested in reducing his hours by the time he's 50 years old — but his dream age for this would be 45. For now, he's working on paying off some current financial obligations with the help of passive income and side hustles . AdvertisementAccording to the FAQ section of the site , pay for this work can start at $20 per hour or $40 per hour depending on the work. AdvertisementScott also has found the work is consistent, which he said is important if you're looking to earn from side hustles.
Persons: Scott, he's, , Scott's, it's, DataAnnotation Scott, DataAnnotation, didn't Organizations: Service, Amazon, YouTube, Business, YouTube YouTube, Connect, Influencer Locations: hustles
In the winter of 2022, she began seeing multiple social media posts about making money by posting Amazon reviews of products that would land on the product listing. It's also difficult to predict how long a video will continue to earn commission for, but there are some surprises, she said. You can't control which videos will earn commission and which won't. She reviews products near the top commission tier, mainly the home category. Therefore, depending on what month you start your storefront, begin by prioritizing products best suited for that month and any upcoming holidays.
Persons: Carissa DeVries, she'd, trimmer, DeVries, it's, It's, I'm, " DeVries, they're, Airbnbs Organizations: Facebook, Amazon, Business
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