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Pitchfork announced that its annual Chicago music festival would not return in 2025. In an announcement on social media and on its website, the music publication said it made the decision after assessing the rapidly evolving "music festival landscape." “For 19 years, Pitchfork Music Festival has been a celebration of music, art, and community—a space where memories were made, voices were amplified, and the shared love of music brought us all together." Pitchfork Music Festival was founded in 2006 by the publication's founder Ryan Schreiber, ex-Pitchfork staffer Chris Kaskie and festival producer Mike Reed. It is unclear if the music festival will move forward in the other cities, but Pitchfork said in its statement that it "will continue to produce events in 2025 and beyond."

Persons: Pitchfork, Condé Nast, men’s, Ryan Schreiber, Chris Kaskie, Mike Reed, Alanis Morissette, Jamie xx, Carly Rae Jepsen Organizations: Pitchfork, Variety, Black Pumas, Pluto Locations: Chicago, Union Park, Paris, London, Mexico City

☆ New York Times tech workers are going on strike at the worst possible time
▼ + stars: | 2024-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

The New York Times' tech workers went on strike, risking disrupting the Times during the election. AdvertisementThe New York Times' tech workers went on strike Monday morning, threatening to disrupt the publication's operation during the presidential election and its aftermath. The Tech Guild, which represents workers like software developers and data analysts, said members would be picketing outside the Times' New York City headquarters. The Times Guild, which represents non-tech workers, called on Times management to complete a deal by Election Day. It's represented by the NewsGuild of New York, which also represents more than 1,400 newsroom and business employees via The New York Times Guild.

Persons: —, It's, Sulzberger Organizations: New York Times, Tech, Times, Service, Tech Guild, The Tech Guild, Company, New York Times Guild, Business, The Times, Co Locations: New York City, New York

☆ OpenAI announces content deal with Hearst, including content from Cosmopolitan, Esquire and the San Francisco Chronicle
▼ + stars: | 2024-10-08 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI announced a partnership with Hearst, the media conglomerate behind outlets like the Houston Chronicle, the San Francisco Chronicle, Esquire, Cosmopolitan, Elle and others. "Our partnership with OpenAI will help us evolve the future of magazine content," Hearst Magazines President Debi Chirichella said in a statement. The deal is the latest in a recent trend of media outlets entering into content partnerships with AI startups. OpenAI announced a similar partnership in August with Condé Nast, which owns media brands such as Vogue, The New Yorker, GQ, Vanity Fair and Wired. Reddit also announced a deal with OpenAI in May to allow the ChatGPT maker to train its AI models on the social media company's content.

Persons: Sam Altman, OpenAI, Elle, Debi Chirichella, Condé Nast, Der Spiegel, WordPress.com, Reddit Organizations: Economic, Hearst, Houston Chronicle, San Francisco Chronicle, Cosmopolitan, OpenAI, Vogue, Yorker, GQ, Wired, Media, The Texas Tribune, Time, News Corp, Wall Street, Barron's, New York Post, Center, Investigative, Microsoft, New York Times, Chicago Tribune, New York Daily News, The New York Times, Southern, of, Apple Locations: Davos, Switzerland, U.S, of New York

☆ I'm an introvert who struggled to communicate at work. These 3 tips helped me.
▼ + stars: | 2024-09-13 | by ( Kelli Thompson | ) www.businessinsider.com time to read: +5 min

After some self-assessment work and reading Susan Cain's book "Quiet," I discovered that I was an introvert. This book also helped me recognize my strengths related to introversion, like listening intently, reflecting, and asking good questions. Related storiesHere are 3 tips that helped me thrive as an introvert at work. I came up with reasons like "I am good at leading change" and "I am an expert at training and development." This helped me shift from ruminating over my worries to focusing on my audience and creating a connection.

Persons: —, Susan Cain's, introversion Organizations: Service, Business, San Locations: San Diego

☆ The 10 colleges that offer the best value without financial aid—they're all public schools
▼ + stars: | 2024-09-11 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

College graduates earned a median of $60,000 in 2023, compared with $36,000 among workers with only a high school diploma, according to the New York Fed. The school offers the best value for students without financial aid, according to The Princeton Review. DON'T MISS: How to master your money and grow your wealthThese are the 10 colleges that offer the best value to students without financial aid. Tuition prices are for first-year, full-time students, according to each school. Average net prices reflect the average prices paid by students who don't receive federal financial aid after scholarships and grants, according to the latest available data from the National Center for Education Statistics.

Organizations: New York Fed, Georgia Institute of Technology, Princeton, Colleges, National Center for Education Statistics

☆ Elon Musk, Tucker Carlson, and David Sacks personally lobbied Trump to pick Vance: report
▼ + stars: | 2024-07-16 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +4 min

Read previewTesla billionaire Elon Musk, former Fox News host Tucker Carlson, and venture capitalist David Sacks personally lobbied Donald Trump to select JD Vance as his running mate, according to Axios. Axios said that a secret lobbying campaign continued into Monday morning, led by key figures such as Musk, Carlson, and Sacks. Tucker Carlson praised JD Vance after he was announced as Trump's VP nominee. Advertisement"When the Twin Towers came down, JD Vance enlisted in the Marine Corps, gung-ho to exact justice on America's enemies," Sacks wrote on X. Representatives for Donald Trump, JD Vance, Elon Musk, Tucker Carlson, and David Sacks did not immediately respond to requests for comment.

Persons: —, Elon Musk, Tucker Carlson, David Sacks, Donald Trump, Vance, Trump, Mike Allen, Doug Burgum, Sen, Marco Rubio —, Axios, Carlson, Sacks, Carlson's, Rupert Murdoch, doesn't, JD Vance, Ivan Apfel, JD, America's Hitler, Sean Hannity Organizations: Service, Fox News, GOP, Business, Truth, CNN, — North Dakota Gov, Trump, Politico, Federal Trade, Big Tech, Marine Corps Locations: Ohio, United States, —, Ukraine, Israel, Europe, American

☆ Where is Miranda Wilking, the dancer accused of being in a TikTok cult?
▼ + stars: | 2024-05-30 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +6 min

TikTok and social media star Miranda Derrick (née Wilking) is at the center of the story. She and her younger sister, Melanie Wilking, are both dancers who previously branded themselves together as The Wilking Sisters. However, Miranda became involved with 7M via her boyfriend, James Derrick — and her family says in the series, distanced herself from her. Here's where Miranda Derrick is today. "Miranda Derrick is a successful businesswoman and a loving wife and daughter who cares very much about her family.

Persons: —, Robert Shinn, Miranda Derrick, née, Melanie Wilking, Miranda, James Derrick —, Here's, Melanie, Dean, Kelly, James, BDash, Derrick, videographer Isaiah Shinn, Robert Shinn's, Aubrey Fisher, Robert, Miranda didn't, Miranda's, Instagram, I've, we've, Isaiah Shinn, Robert's, Jake Gyllenhaal Organizations: Service, Netflix, Shekinah, Business, 7M, Instagram, YouTube, UFC Locations: Los Angeles, Detroit

☆ Elon Musk calls out Boeing's historic first crewed spaceflight, saying SpaceX beat them to the punch years ago
▼ + stars: | 2024-05-06 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

SpaceX beat Boeing to the punch, flying NASA astronauts to the space station four years ago for cheaper. NASA astronauts Suni Williams (left) and Butch Wilmore (right) conduct suited operations in a Boeing Starliner simulator. AdvertisementThe SpaceX Crew Dragon spaceship that accomplished the feat came from the same NASA initiative that's flying Starliner on Monday. NASA astronauts Bob Behnken (left) and Doug Hurley (right) were the first people to fly aboard a private spaceship, SpaceX's Crew Dragon. SpaceXWith each flight, SpaceX has earned money, while Boeing has been sinking more and more funds into Starliner.

Persons: Elon Musk, —, Boeing's, Butch Wilmore, Suni Williams, Robert Markowitz, Bob Behnken, Doug Hurley, bTXWAfxfrh — Elon, Musk, Eric Berger, Cory Huston, Starliner's, Berger, George Nield, Nield, Scrappy SpaceX Organizations: Boeing, SpaceX, NASA, Service, Twitter, International Space Station, ISS, Atlas, Reuters, Department of Defense, Space Transportation Locations: Starliner

Learn moreThe first Monday of May is here, which means that it's officially time for the 2024 Met Gala. We've compiled everything you need to know about the event, including who will be in attendance and where to watch a free Met Gala red carpet live stream. Where to watch the Met Gala in the USThe Met Gala will live stream exclusively through Vogue. via live TV packages like Sling TV and Hulu + Live TV. Shop at SlingHulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus.

Persons: We've, Anna Wintour, you've, Wintour, Gwendoline Christine, La La, Ashley Graham, Emma Chamberlain, Ross Mathews, you'll, Hulu's, TikTok, ExpressVPN, Will Taylor Swift, Taylor Swift, Swift hasn't, they've, Swift, Zendaya, Jennifer Lopez, Chris Hemsworth, Loewe, Jonathan Anderson, Shou Zi Chew, Kardashian, Jenner Organizations: Business, Vogue, YouTube, La La Anthony, Hulu, Disney, ESPN, Disney Plus Locations: Hulu, England, France

☆ The Juggernaut promised to revolutionize South Asian news. But insiders say the company's founder misled investors, struggled to raise money, and left workers 'heartbroken.'
▼ + stars: | 2024-03-05 | by ( Katie Warren | ) www.businessinsider.com time to read: +33 min

They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."

Persons: —, Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon

☆ Facebook is getting rid of the News tab in the U.S. and Australia
▼ + stars: | 2024-03-01 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +5 min

Meta said Thursday that it would remove a dedicated section for news articles in April that will affect Facebook users in the United States and Australia. "The number of people using Facebook News in Australia and the U.S. has dropped by over 80% last year." Meta's decision to remove the Facebook News tab comes after the company said in September that it would eliminate the news section for Facebook users in the U.K., France and Germany. However, Meta said that it "will not enter into new commercial deals for traditional news content in these countries and will not offer new Facebook products specifically for news publishers in the future." A year ago, Facebook represented about 50% the media outlets' social traffic.

Persons: Meta's Mark Zuckerberg, Zuckerberg, Jay Y, Lee, Meta, it's, Chartbeat, Similarweb, Mother Jones, Monika Bauerlein, Bauerlein, Sam Altman Organizations: Meta, Samsung Electronics, South Korean, Seoul Economic, Facebook, U.S, CNBC, Canadian, Nvidia Locations: South Korea, Seoul, United States, Australia, France, Germany

☆ 'Reacher' star Alan Ritchson said he nearly played Thor, but lost to Chris Hemsworth because he didn't take acting seriously
▼ + stars: | 2024-02-28 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

The "Reacher" star lost out to Chris Hemsworth because he didn't take acting seriously, he said. Advertisement"Reacher" star Alan Ritchson said he almost played Thor in the Marvel Cinematic Universe, but lost out to Chris Hemsworth because he didn't take acting seriously. Over the next decade, Ritchson went to acting classes and collected roles in "The Hunger Games: Catching Fire," "Teenage Mutant Ninja Turtles," "New Girl," and "Brooklyn Nine-Nine." When Ritchson reprised the role for "Reacher" season two, it exceeded expectations and earned itself a 98% rating on the review site. AdvertisementIt's no surprise, then, that "Reacher" season three is already in production.

Persons: Alan Ritchson, Thor, Chris Hemsworth, Ritchson, he'd, —, Jack Reacher, Lee Child, Hemsworth —, Reacher, Men's Organizations: Marvel, Service, Health, Hemsworth, Brooklyn, Amazon, Rotten, Men's Health Locations: Mountain

☆ A college is removing its vending machines after a student discovered they were using facial recognition technology
▼ + stars: | 2024-02-25 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +4 min

A university in Canada is expected to remove a series of vending machines from campus after a student discovered a sign they used facial recognition technology. The smart vending machines at the University of Waterloo first gained attention this month when Reddit user SquidKid47 shared a photo. Stanley investigated the smart vending machines, discovering that they're provided by Adaria Vending Services and manufactured by Invenda Group. Canadian publication CTV News reported that Mars, owner of M&M's, owns the vending machines. AdvertisementIn response to the student publication's report, the director of technology services for Adaria Vending Services told MathNEWS that "an individual person cannot be identified using the technology in the machines."

Persons: SquidKid47, Stanley, MathNEWS, Adaria, MathNews, we've, Rebecca Elming, TikTok Organizations: University of Waterloo, Business, University, Waterloo, Ars Technica, Adaria Vending Services, Invenda Group, CTV News, Data, Invenda, Guardian, DePaul University Locations: Canada, China

☆ The men of 'Love Is Blind' keep getting 'exposed' on social media. The only problem is it's not always true.
▼ + stars: | 2024-02-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +12 min

They slid into my DMs in Instagram," Rikkii told Business Insider over Zoom. Rumor: Trevor had a girlfriend during 'Love Is Blind' filmingThe accusations against Trevor Sova are the most jarring and extreme. But his ex-fiancée told me he moved out on November 20 — which was 10 days before casting reached out," Rikkii told BI. This isn't the first time TikTok exposed 'Love Is Blind' contestantsPerhaps most famously, the drama between Jackie Bonds, Josh Demas, and Marshall Glaze played out largely online while "Love Is Blind" season four aired last year. AdvertisementThe next two episodes of "Love Is Blind" season six will air on February 28.

Persons: Trevor, Jimmy, Jeramey, —, Rikkii, Raven Ross, Netflix didn't, Trevor Sova, they're, hasn't, Rikkii's, Trevor's, Natalia Marrero, Reality Ashley, Ashley, Natalia, Chelsea, Chelsea Blackwell, Jimmy Presnell, lied to Organizations: Service, SK, Business, Netflix, Chelsea, E!, DU Locations: Instagram, North Carolina, @storytimewithrikkii

☆ A top investor in global brands from Airbnb to Snap says we need swift 'guardrails' to get countries on the same page about AI
▼ + stars: | 2024-02-20 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

The CEO of the VC firm General Catalyst told WSJ that international collaboration will be crucial. World leaders should "align on some core protocols" for AI development, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Now there's this tension where no country wants to be left behind. So far, Russia has lagged behind China and the US in AI development.

Persons: Catalyst, —, Hemant Taneja, Taneja —, Taneja, Joe Biden, it's, Vladimir Putin Organizations: Service, Wall, publication's, US Commerce Department, European Locations: France, India, China, Russia

☆ Billie Eilish says she was outed in a red carpet interview: 'I like boys and girls — who cares'
▼ + stars: | 2023-12-04 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Billie Eilish said she was outed during a red carpet interview. On the red carpet, Eilish was asked whether she meant to come out in a Variety interview published in November. At Saturday's red carpet event, Eilish said that she didn't expect her comments about her sexuality in the magazine interview to be so surprising. Billie Eilish opens up about coming out in her Variety cover story: "I didn't realize people didn't know!" It's exciting to me because I guess people didn't know, so it's cool that they know."

Persons: Billie Eilish, Eilish, —, Guy, Finneas, Hitmakers, xxmgD0zs3Y, I've, I'm Organizations: Service, Variety, Hollywood

☆ Maryanne Trump Barry, Donald Trump's sister and a former federal judge, dies at 86
▼ + stars: | 2023-11-13 | by ( Grace Eliza Goodwin | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Trump's older sister, Maryanne Trump Barry, has died. A former federal judge, Trump Barry was 86 years old. AdvertisementAdvertisementMaryanne Trump Barry, Donald Trump's older sister who served as a federal judge in New Jersey for more than three decades, has died at the age of 86, the New York Times and ABC News reported. Trump Barry, who stopped hearing cases after her brother's inauguration, was a key figure in the publication's reporting. I'm talking too freely, but you know," Trump Barry could be heard saying on the recording.

Persons: Maryanne Trump Barry, Trump Barry, —, Donald Trump's, Trump, Ronald Reagan, Clinton, Louis, Bobby, Manna, Genovese, Mary Trump, brother's, I'm, Thomas Hardiman, Antonin Scalia, Neil Gorsuch, Brett Kavanaugh, Sen, Ted Cruz, Cruz, Bill Clinton Organizations: Service, New York Times, ABC News, ABC, Third, Times, Politico, Texas Republican, Trump Locations: New Jersey, New York City, Texas

☆ How Texas Monthly is cashing in on Hollywood's true crime obsession
▼ + stars: | 2023-10-10 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Streamers increasingly are leaning into true crime and stories about the heartland, and Texas Monthly can check those boxes. Of the publication's 50 film and TV projects, half fall into the true crime genre. "They're trying to reach the middle of the country, and we've got things that do that," Scott Brown, Texas Monthly's president, told Insider. Texas Monthly also has a first-look deal with Warner Bros. Sarah Aubrey, head of original content at Max (and an Austin native), told Insider Texas Monthly has an "uncanny ability" to identify not only gripping true crime but also cultural stories with unforgettable characters.

Persons: Richard Linklater, Oscar, we've, Scott Brown, Brown, Taylor Sheridan, Deborah Esquenazi, Sarah Aubrey, It's, Elizabeth Olsen, Max's, Jake Giles Netter, HBO Max, —, greenlit, James Reyos Organizations: Texas, Netflix, Hollywood, Warner Bros, HBO, HBO Max Texas, Entertainment, CAA Locations: Venice, Toronto, Houston, Scott Brown , Texas, Texas, Austin, Hollywood

☆ Trump is furious at Forbes after the publication dropped him from its 400 wealthiest Americans list
▼ + stars: | 2023-10-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Trump is angry that Forbes kicked him off of its list of wealthiest Americans. Forbes says Trump just isn't worth enough money, especially because his social media play fizzled. AdvertisementAdvertisementDonald Trump on Monday lashed out at Forbes after the financial publication recently dropped the former president from its list of the 400 wealthiest Americans that includes the likes of Elon Musk, Jeff Bezos, and Warren Buffett. One of the main reasons was that Truth Social, the very social media platform where Trump lashed out at Forbes, has lost significant value. A spokesperson for Forbes pointed Insider to the publication's own story, which included a statement that defended Forbes' view of Trump's net worth.

Persons: Trump, Forbes, —, Donald Trump, Elon Musk, Jeff Bezos, Warren Buffett, Stormy Daniels, Rosie O'Donnell, Crooked Joe, " Forbes, Dan Alexander, Letitia James, Austin Russell Organizations: Forbes, Service, Monday, Trump, Republicans, New York, New, Kong, Media Investments, Whale Media Investments, China Investment Corp, China Morning Post, New York Times, Washington, Communist Party, Trump Organization Locations: China, Hong

☆ There could be even tougher times ahead for China's economy, as forecasters slash their growth predictions
▼ + stars: | 2023-08-29 | by ( Joseph Wilkins | ) www.businessinsider.com time to read: +3 min

Forecasters polled by Bloomberg have slashed their growth outlook for China. The country is battling deflation, soaring youth unemployment, and a property-market crisis. Policymakers cut stamp duty taxes Monday – but are yet to roll out a "big bang" economic fix. China's economy expanded 6.3% over the second quarter of 2023, falling well short of forecasters' expectations, while the country is also battling deflation, record youth unemployment, and a severe real-estate crisis. "As its economy continues facing downward pressures, its growth momentum might slow down further, in turn exacerbating the already significant pressures that the global economy is facing."

Persons: They're, Joe Biden, Alfredo Montufar, – Organizations: Bloomberg, Service, China Center, Conference Board Locations: China, Wall, Silicon, Beijing

☆ Musk's X delays access to content on Reuters, NY Times, social media rivals
▼ + stars: | 2023-08-16 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

REUTERS/Carlos Barria/File Photo Acquire Licensing RightsAug 15 (Reuters) - Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook and Instagram, according to a Washington Post report on Tuesday. A user on Hacker News, a tech forum, posted about the delay earlier on Tuesday and wrote that X began delaying links to the New York Times on Aug. 4. A spokesperson for the New York Times said it has not received an explanation from X about the link delay. A Reuters spokesperson said: "We are aware of the report in the Washington Post of a delay in opening links to Reuters stories on X. Bluesky, an X rival that has Twitter co-founder Jack Dorsey on its board, did not reply to a request for comment.

Persons: Carlos Barria, X, Elon Musk, Musk, Jack Dorsey, Sheila Dang, Kenneth Li, Deepa Babington Organizations: REUTERS, Social, Twitter, Reuters, New York Times, Facebook, Washington Post, SpaceX, Hacker, Thomson Locations: San Francisco , California, U.S, South Africa, Washington, Dallas

☆ New research on Facebook shows the algorithm isn't entirely to blame for political polarization
▼ + stars: | 2023-07-27 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +6 min

For all the blame Facebook has received for fostering extreme political polarization on its ubiquitous apps, new research suggests that the problem may not strictly be a function of the algorithm. Doing so during the three-month period, "did not significantly alter levels of issue polarization, affective polarization, political knowledge, or other key attitudes," the authors wrote. When altering the kind of content these Facebook users were receiving to presumably make it more diverse, they found that the change didn't alter users' views. "However, the data clearly indicate that Facebook users are much more likely to see content from like-minded sources than they are to see content from cross-cutting sources." The polarization problem exists on Facebook, the researchers all agree, but the question is whether the algorithm is intensifying the matter.

Persons: Meta, Holden Thorp, Science's, Thorp, Nick Clegg, Clegg, Stephan Lewandowsky, Lewandowsky, Susan Li Organizations: Facebook, Nature, Princeton University, Dartmouth College, University of Texas, Meta, University of Bristol Locations: U.S

☆ One of the world’s richest self-made men started as a motel janitor—now he has a net worth of $1.2 billion
▼ + stars: | 2023-07-18 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

He now has a net worth of $1.2 billion, which comes from owning nearly a third of Yanolja with his wife and two daughters, according to Forbes . Yanolja founder and chairman Lee Su-jin started his lucrative career in the travel industry as a motel janitor. He saved his money, invested in stocks and even started a salad business, according to Bloomberg. So he decided to rebrand love hotels. "If all the motels relied on love, they'd starve to death," Lee told Bloomberg.

Persons: Lee, Lee Su, Yanolja, Kim Jong, yoon, Kim, SoftBank Organizations: Forbes, Bloomberg, CNBC, SoftBank Vision, Reuters Locations: Korea, Yanolja

☆ Essence Magazine was meant to be a place for 'Black girl magic.' Internally, some employees say it was more like 'Black girl tragic.'
▼ + stars: | 2023-07-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +34 min

"Essence is the most deceptive Black media company in America. Essence Magazine was first published in 1970 at a time when Black business and civil rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Richelieu Dennis, and Essence chief content & creative officer Moana Luu at the 2020 13th Annual ESSENCE Black Women in Hollywood luncheon.

Persons: Richelieu Dennis, Dennis, Susan Taylor, Taylor, —, Jason Kempin, wasn't, Essence Communications Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, Black, didn't, Sandra Okerulu, Michelle Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Ebanks, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Essence Magazine, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Inc, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Hamptons, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell, Essence Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes

☆ Former Essence Magazine employees say they witnessed a 'hellish' and 'dehumanizing' culture at the leading publication for Black women in America
▼ + stars: | 2023-07-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +34 min

On June 28, 2020, a group of women using the name Black Females Anonymous published a damning public letter that shook Essence magazine, the leading publication for Black women in America, to the core. Essence magazine was launched in 1970 at a time when Black business and civil-rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Dennis, and Essence chief content and creative officer, Moana Luu, at the 2020 13th Annual Essence Black Women in Hollywood luncheon.

Persons: Richelieu Dennis, Dennis, haven't, Susan Taylor, Taylor, —, Jason Kempin, wasn't, Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, didn't, Sandra Okerulu, Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Essence, Inc, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes

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