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☆ This stay-at-home mom took a cybersecurity boot camp and landed an over $75,000 a year job at a NASA contractor
▼ + stars: | 2023-09-10 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Tammy Hinkle, 51, was a stay-at-home mom for eight years before returning to work. In 2020, she enrolled in a 10-month cybersecurity training program without any tech experience. About three years later, she'd landed a cybersecurity role with a subcontractor at NASA's Jet Propulsion Lab . In February 2022, she started her first cybersecurity job as an enterprise help-desk technician with the IT company OBXtek. In February, Hinkle started her subcontractor role as an IT-security engineer at JPL — she said she focused on identity credentials and access management.

Persons: Tammy Hinkle, Hinkle, she'd, we're, She'd, —, it'd, It's Organizations: NASA, Service, California State University, Jet Propulsion, Cal State, JPL —, University of California Locations: Wall, Silicon, Pasadena , California, Long Beach, Los Angeles, OBXtek

☆ Airbnb CEO shares the No. 1 thing people get wrong about success: I thought 'everything in my life would be fixed'
▼ + stars: | 2023-09-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Even as Airbnb's popularity and private valuation soared throughout the 2010s, Chesky didn't feel successful, he said — and he thought taking the company public would help. The Airbnb CEO originally moved to Silicon Valley and started his company in 2008 with co-founders Joe Gebbia and Nathan Blecharczyk. In response, Chesky dedicated all his energy to making Airbnb more successful, hoping it'd fulfill him, he said. The ongoing research, which started in 1938, has found that career and financial success don't make participants feel more content. Six months later, the company launched its Airbnb Rooms service, which allows hosts to rent out individual bedrooms in their homes.

Persons: Brian Chesky, Dax Shepard's, Chesky, —, Joe Gebbia, Nathan Blecharczyk, it'd, Marc Schulz, Warren Buffett Organizations: Harvard University, Reuters, San Locations: Silicon Valley, San Francisco, Airbnb

☆ Sen. Tuberville slammed poetry by US sailors that is a time-honored tradition
▼ + stars: | 2023-09-07 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Sen. Tuberville called out "wokeness" in the Navy, saying people are reading "poems on aircraft carriers." But the art form has been a long been a part of military service, especially for sailors. Tuberville faces widespread criticism for blocking hundreds of promotions over the Pentagon's abortion policy. Tuberville's comments on poetry and "wokeness" in the Navy come seemingly out of nowhere — especially considering the art form has a long history for sailors. Sailors assigned to the Los Angeles-class attack submarine USS Albuquerque SSN 706 stand watch as the boat departs Diego Garcia.

Persons: Sen, Tuberville, Tommy Tuberville, We've, Carlos Del Toro, Del Toro, Christine Wormuth, Frank Kendall, Mark Milley, Roe, Wade, John C, Steve Smith, Roosevelt, Champlain, Sailors, Diego Garcia, Jeremy Gross, Smith, it's, Marines I've, Nolan Peterson Organizations: Navy, Service, Alabama Republican, US Navy, Fox, Air Force, Washington Post, Joint Chiefs, Staff, Carrier Air Wing, Nimitz, Stennis, U.S . Navy, Getty, The Washington Post, USS, Marines, US Air Force, Council's Eurasia Locations: Wall, Silicon, Alabama, Yorktown, Los Angeles, Albuquerque, Iraq, Afghanistan

The red king crab fishery was closed; the snow crab fishery cut to a tenth of the previous year's take. After another bad survey last year, the red king crab fishery closed again and the snow crab fishery closed for the first time ever. Kevin Abena, who runs a fishing business with his father, also relies on tendering to stay afloat in the wake of the crab fishery closure. Researchers this year brought samples of crab back to Kodiak for further analysis, exploring how snow crab respond to stress in their environment, including rising heat. It will help determine what crab fisheries might open this winter and decisions on each kind of crab are expected some time in early October.

Persons: — Gabriel Prout, ”, Prout, he's, Kevin Abena, Mike Litzow, ” Litzow, “, Mark Stichert, you’re, ” Abena, ” Prout, “ It'd, Joshua A . Bickel Organizations: Kodiak, Alliance Cooperative, Kodiak Fisheries Science Center, ”, Alaska Department of Fish, National Marine Fisheries Service, Pacific Fishery Management, Bristol Bay, Bristol Bay Red King, U.S . Department of Commerce, Twitter, AP Locations: KODIAK, Alaska, Bering, Bristol Bay, Kodiak, Alaska Bering, Bristol Bay Red, ___

☆ I canceled Netflix after 14 years and it feels like the end of an era
▼ + stars: | 2023-09-02 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +5 min

I canceled my account after the password-sharing crackdown made me realize I wasn't watching as often. I'll probably be back, but it feels like the end of an era with a service I came of age with. That's why, in August, I canceled my Netflix account after subscribing for 14 years. A screenshot of the email confirmation I received when I canceled Netflix. When my husband merged his Netflix account with mine, it was almost as big a step in our relationship as moving in together.

Persons: I've, I'd, who'd, Peacock, Max, it'd, Ashley Rodriguez, It'd, that's, I'm Organizations: Netflix, Morning, Blockbuster, Apple, Paramount, British Baking, relishing Locations: New York, Belgium

☆ EV owners are fed up with charging stations that lack bathrooms, snacks, and even trash cans
▼ + stars: | 2023-09-01 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

EV charging stations sometimes lack simple amenities like 24-hour bathrooms, food, and trash cans. That's because charging stations today often lack basic amenities that we take for granted at gas stations: things like bathrooms, rain and sun cover, food options, and even trash cans. AdvertisementAdvertisementIf electric cars really are going to be the future, experts told Insider, the experience at charging stations needs to get a whole lot more convenient. Rove, a startup, is working on huge charging stations with grocery stores, fresh espresso, and 24/7 lounges. Rove, a startup, is working on huge charging stations with grocery stores, fresh espresso, and 24/7 lounges.

Persons: that's, Tim Levin, I'm, JD Power, Brent Gruber, Gruber, EVs weren't, Loren McDonald, Brendan Jones, Rove, Rove Blink, Jones, Tesla Organizations: EV, Morning, JD Locations: waded, America

☆ Putin is planning another trip to China, report says, a further sign of his dependence on Xi Jinping
▼ + stars: | 2023-08-31 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Vladimir Putin is expected to travel to China for an international summit, Bloomberg reported. The upcoming trip, which was reported by Bloomberg, would be his first diplomatic trip abroad since Russia's invasion of Ukraine. Yet it also exposes the stark new limitations of Putin's global power, and his new dependence on China's autocratic leader, Xi Jinping. AdvertisementAdvertisementRussian President Vladimir Putin and China's President Xi Jinping make a toast at the Kremlin in Moscow on March 21, 2023. Russian President Vladimir Putin meets with China's President Xi Jinping at the Kremlin in Moscow, Russia, on March 21, 2023.

Persons: Vladimir Putin, It'd, Putin, Xi, He's, Xi Jinping, PAVEL BYRKIN, Wagner, Yevgeny Prigozhin, Ukraine's, Sergei Karpukhin, Maria Shagina Organizations: Bloomberg, Service, ICC, Kremlin, SPUTNIK, Getty, Xi, Sputnik, International Institute for Strategic Studies, Financial Times Locations: China, Ukraine, Russia, Wall, Silicon, Ukrainian, Mariupol, South Africa, Rome, India, Moscow, Russian, Ukraine's Western

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. Ethan Nguonly, 22, is a software engineer at Google living in Orange County, California. Living in Orange County, California, Nguonly aims to spend intentionally in order to put as much money as he can toward his investments. Tristan Pelletier | CNBC Make ItAbout a year after buying his investment property, Nguonly purchased his primary residence in La Palma, California. While he's kept a significant amount of money in crypto, Nguonly now mainly focuses on investing in ETFs and real estate.

Persons: Ethan Nguonly, it's, he's, Nguonly, Tristan Pelletier, Nguonly's, I'm, Ethan Nguonly Nguonly's, lockdowns, couldn't, — Nguonly, It's, it'd, didn't, Sakura, takeout, you've, there's Organizations: CNBC, FIRE, Google, University of California, UC Berkeley, Transportation, Spotify Locations: Orange County , California, Florida, California, Berkeley, Qualtrics, Virginia, Riverview , Florida, Riverview, Hurricane, La Palma , California, Orange County, New York, Singapore, Cambodia

☆ AI is killing the grand bargain at the heart of the web. 'We're in a different world.'
▼ + stars: | 2023-08-30 | by ( Kali Hays | Alistair Barr | ) www.businessinsider.com time to read: +14 min

AdvertisementAdvertisementAI is undermining the web's grand bargain, and a decades-old handshake agreement is the only thing standing in the way. Now, though, generative AI and large language models are changing the mission of web crawlers radically and rapidly. Without a supply of potential consumers, there's little incentive for content creators to let web crawlers continue to suck up free data online. It's also open to manipulation, especially given the voracious appetite for quality AI data. Because robots.txt is voluntary, web crawlers can also simply ignore the blocking instructions and siphon the information from a site anyway.

Persons: Microsoft's Bing, Joost de Valk, It's, de Valk, Nick Vincent, Valk, OpenAI, robots.txt, Jason Schultz, Catherine Stihler, Archie, NYU's Schultz, Steven Sinofsky, who's, Andreessen Horowitz, De Valk, Stihler Organizations: Big Tech, Google, Wordpress, NYU's Technology, Policy Clinic, AWS, Creative Commons, Creative, Microsoft, Nvidia, Star Wars, DC Comics, Warner Brothers, Marvel, Disney, Atlantic, Meta Locations: CCBot, EleutherAI

☆ I'm a New Yorker thinking about moving to the Midwest. I loved my first visit to Cleveland — except for one thing.
▼ + stars: | 2023-08-30 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +8 min

Cleveland felt surprisingly walkable compared to other big citiesJulia PugachevskyOne thing I love about living in New York is not having to drive. The "Midwest nice" thing is real (and wonderful)Brewnuts in Cleveland, Ohio. AdvertisementAdvertisementBut I've found the "Midwest nice" thing to be real, and a notably different experience each time. AdvertisementAdvertisementThere was one thing I didn't like about Cleveland: The emptinessThe Arcade in downtown Cleveland. He said I wasn't imagining it: Cleveland used to be one of the biggest and most influential US cities .

Persons: I've, Cleveland's, It'd, I'm, Julia Pugachevsky, Cleveland, I'd, we're, who's Organizations: Yorker, Service, Days, RTA, Times, Google, Astoria, Smart Growth America, Cleveland, New York City, Cleveland Browns, Gordon Square Arts Locations: Cleveland, Wall, Silicon, New York, Chicago, Milwaukee, Madison, Twinsburg , Ohio, Chihuahua, Barrio, Mexican, LA, Austin, Nashville, Edgewater Beach, . New York, Cuyahoga, Cleveland , Ohio

Before closing a bank account, you need to check your account status and current transactions. Your goal should be to leave your bank account with a $0 account balance to make the closing process more efficient. TD Bank lets you close an account through online banking or email if your account has a $0 balance. For instance, if you have a joint bank account, you may have to fill out a form or write a note that states both individuals want to close the account. Closing a Bank Account FAQSIs there a fee for closing a bank account?

Persons: you've, Banks, it'd, you'll, Chase, you'd Organizations: Service, Bank of America, Ally, Capital, TD Bank, Axos Bank Locations: Wall, Silicon, Wells Fargo

☆ Mark Cuban passed on an early Uber investment—his $250,000 would be worth $2.3 billion today: ‘Whoops’
▼ + stars: | 2023-08-19 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

"Just think: If I would've given him $250,000 on a [$10 million] valuation, it'd be billions," Cuban said. Specifically, given Uber's market capitalization of $90.1 billion as of Friday, Cuban's $250,000 would be worth $2.25 billion today. But, still," said Cuban, whose net worth is currently estimated at $5.1 billion. Cuban and Kalanick already had history at the time: Cuban invested $1.7 million in Kalanick's previous venture, a peer-to-peer networking startup called Red Swoosh, in 2005. However, Cuban said he didn't agree with Kalanick's $10 million valuation of the startup at the time: "I said, 'I'll do it at [a] $5 million valuation...' for Uber!"

Persons: Mark Cuban's, Uber, Travis Kalanick, Kevin Hart's Peacock, Hart, Cuban's, Kalanick, Cuban, Troy Carter, Carter, Mark Cuban, Warren Buffett Organizations: Uber, Cuban, SXSW, CNBC

☆ CNBC Daily Open: Treasury yields are putting pressure on stocks
▼ + stars: | 2023-08-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineRising U.S. Treasury yields are straining stocks. All three indexes closed below their 50-day moving average — the first time for the Dow since June. All indexes are still above their 200-day moving average.

Persons: Michael M, That's, —, bullishness, It'd, — CNBC's Scott Schnipper Organizations: New York Stock Exchange, Santiago, CNBC, Treasury, it's, Fed, Investors, Dow Jones, Nasdaq, Dow, Trading, American, of, Investor Locations: New York City, U.S, There's

☆ Margot Robbie will reportedly earn $50 million in salary and box office bonuses for 'Barbie'
▼ + stars: | 2023-08-16 | by ( Will Gendron | ) www.businessinsider.com time to read: +2 min

Margot Robbie will earn about $50 million for starring in and producing the film, Variety reported. The film has grossed more than $1 billion at the global box office. The film — which grossed $160 million domestically during its opening weekend, according to Box Office Mojo — crossed the $1 billion mark at the box office earlier this month. That's good news for Margot Robbie, the film's star and producer, who is set to earn about $50 million in salary and box office bonuses, Variety reported, citing three individuals familiar with her deal. Greta Gerwig — the film's director and co-writer, who became the first woman filmmaker to solo-direct a $1 billion movie — will also receive bonuses due to the film's success, according to Variety.

Persons: Margot Robbie, —, Greta Gerwig, Robbie, Barbie, Uno, Polly Organizations: Variety, Morning, Collider, Mattel, Warner Bros

☆ I was put on a PIP in my director-level job and fantasized about quitting. So I quiet quit for 3 months before actually walking out.
▼ + stars: | 2023-08-14 | by ( Jamie Killin | ) www.businessinsider.com time to read: +6 min

After being placed on a PIP, he 'quiet quit' for 3 months before leaving in January. Within a couple of weeks I was assigned another project, which turned out to be the worst project I've ever worked on. I started warning leadership and my peers that it wasn't going to get doneI told them we needed way more resources if we were going to do it right. That harmed me as a director — I essentially became a really expensive business analyst who wasn't making any money for the firm. After being placed on my PIP, I realized this wasn't the job for me, but I needed to ride it out to make ends meet.

Persons: John Garvens, I've, —, Michael Phelps, — I'd, I'd, I'm Organizations: Service Locations: Wall, Silicon, Freeport , Illinois, Revenue, —

☆ 'The most stunning demo I've ever seen in my life': ChatGPT impressed Bill Gates by acing AP Bio exam
▼ + stars: | 2023-08-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

On an episode of his "Unconfuse Me" podcast, Bill Gates explains how ChatGPT stunned him. ChatGPT achieved the highest possible score on an AP Bio exam while Gates watched. In a Thursday episode of his podcast, "Unconfuse Me," Gates spoke with Khan Academy CEO Sal Khan about "the most stunning demo I've ever seen in my life." The billionaire watched ChatGPT achieve the highest possible score on an AP Biology exam in August 2022. ChatGPT, a generative AI program, was created by Microsoft partner OpenAI, and has been the center of debates about education.

Persons: Bill Gates, ChatGPT, Gates, Sal Khan, OpenAI, Sam Altman, he's, I'm, they'll Organizations: Khan Academy, Microsoft, AP

☆ Retailers say organized theft is biting into profits, but internal issues may really be to blame
▼ + stars: | 2023-08-10 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +8 min

In this article TGTFL Follow your favorite stocks CREATE FREE ACCOUNTThis is part two of a three-part series on organized retail crime. "If there's an occurrence of external theft they would steal let's say 10 bucks worth of merchandise, but if it's internal theft, it'd be 40 bucks." Internal theft also happens at warehouses and in aisles where online orders are prepared, one of the people said. However, he thinks internal theft is now "second place" to external theft. Shrink references reach a 'fever pitch'Retailers started to blame organized theft for lower profits as the industry's performance started to suffer.

Persons: Daniel Acker, they're, Neil Saunders, GlobalData, it's, Saunders, Patrick Tormey, it'd, Sonia Lapinsky, AlixPartners, David Johnston, Janine Stichter, Fonrouge, Foot Locker, You've, Mary Dillon, Locker, Michael Nagle Organizations: Target Corp, Bloomberg, Getty, CNBC, Lehman College School of Business, National Retail Federation, Retailers, Walgreens Locations: Chicago , Illinois, drugstores, America, GlobalData, New York, U.S

☆ Investing in Space: Americans think spotting asteroids should be NASA's top priority, Pew says
▼ + stars: | 2023-08-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights. Let's start with how Americans view the importance of U.S. leadership in space. If the Americans surveyed by Pew were in charge, it's doubtful the Artemis moon program would exist at all. About 70% of respondents said space companies offer a "mostly good" contribution to space exploration, and 63% saw companies as helping open up space travel to more people.

Persons: CNBC's Michael Sheetz, –, It's, it'd, Artemis Organizations: Pew Research Center, Space Force, FAA, FCC, NOAA, NASA, Pew Locations: U.S

☆ I'm a 25-year-old with 2 master's degrees and $131,000 in student debt. I just left Paris and am getting ready to travel to Asia.
▼ + stars: | 2023-08-10 | by ( Alexandra York | Josée Rose | ) www.businessinsider.com time to read: +13 min

Hayley is an American who spent two years living in Paris and going to school. She recently left Paris and is getting ready to travel to India and beyond. Once a week, I'd pick her up from school and we'd spend about two hours together. I'm going to do a week in India, then I'm going to do a few days in Singapore, then a week and a half in Australia with friends. I'm part of a Facebook group called Host a Sister so I'm staying with women in India who also love to travel solo and then with friends in all the other countries I'm going.

Persons: Hayley, Paris Hayley, I'd, —, I'm, it's, there's, UNESCO's MGIEP, I've Organizations: Service, Anderson College, Arcadia University, Mahatma Gandhi Institute of Education for Peace, Sustainable Development Locations: American, Paris, India, Asia, Wall, Silicon, Kalamazoo , Michigan, South Carolina, Uganda, Marais, Kalamazoo Shore, Jordan, Europe, Midwest, North America, New Zealand, Italy, undergrad, Spain, Michigan, Southeast Asia, Singapore, Australia, Vietnam, Thailand, Kalamazoo

☆ I moved to a South Carolina island where there are no cars. It's like being transported back 200 years in time, but you can still get Instacart.
▼ + stars: | 2023-08-08 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +6 min

Jerry Jaskowiak works remotely from Haig Point on Daufuskie Island in South Carolina. The fees are higher at Haig Point to cover the cost of the ferry, but it didn't take much adjusting to. We wanted to make some small changes to our new Haig Point house. Haig Point has a big golf community, and as a result, golf carts are the main form of transport on the island. Working remotely from such a beautiful place has improved my work-life balanceI work remotely as the president of an investment-accounting company.

Persons: Jerry Jaskowiak, Haig, I've, We'd Organizations: Service, Haig, Starbucks, Welcome, Welcome Center, Food Locations: Daufuskie, South Carolina, Wall, Silicon, Oldfield , South Carolina, Haig

☆ I moved to a South Carolina island where my neighborhood doesn't allow cars. It's like being transported back 200 years in time, but you can still get Instacart.
▼ + stars: | 2023-08-08 | by ( Ryan S. Gladwin | ) www.businessinsider.com time to read: +7 min

Jerry Jaskowiak works remotely from Haig Point on Daufuskie Island in South Carolina. The Haig Point community on Daufuskie Island is "car-free" and has only 533 residents. My wife visited Daufuskie Island with some friends and loved the vibe, so she kept returning. Correction: August 9, 2023 – An earlier version of this story stated that there were no cars on Daufuskie Island. The private community Haig Point on Daufuskie Island where Jerry Jaskowiak lives does not permit residents to drive gas-powered vehicles.

Persons: Jerry Jaskowiak, Haig, I've, We'd, Instacart Organizations: Service, Haig, Starbucks, Welcome, Haig Point, Welcome Center, Food Locations: Daufuskie, South Carolina, Wall, Silicon, Oldfield , South Carolina, Haig

☆ Donald Trump may have taken a swing at the bedrock of American democracy — but he's too 'exhausting' for anyone to care
▼ + stars: | 2023-08-06 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

Political scientists are saying the public is tired of hearing about Donald Trump. The inattention is not unique, but it is alarming given the nature of the charges, experts say. "The fact that most people don't pay attention to politics is certainly not unique to Trump," Enos said. What perhaps is unique to Trump is that he's exhibited such high levels of corruption." Enos said Trump's actions should be especially alarming and problematic to Americans because of his efforts to attack a foundational part of American democracy.

Persons: Donald Trump, Trump, Jared Carter, Carter, Ryan Enos, Enos, Trump's, that's, he's, Bill Clinton, Monica Lewinsky, It'd, we've Organizations: Service, Vermont Law, Graduate School, Center for American Political Studies, Harvard University, Trump, White Locations: Wall, Silicon, Vermont, United States

☆ Nigeria coach Waldrum says last-16 win over England would be 'huge'
▼ + stars: | 2023-08-06 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

"It would be a huge win," Waldrum told reporters on Sunday, a day ahead of Nigeria's last-16 match with the Lionesses. Nigeria are playing in their ninth World Cup, their top finish being a quarter-final appearance in 1999. "I have watched, just like you all have, this World Cup unfold and seen some of the story lines that are out there, with teams that are successful," Waldrum, an American, said. Nigerian striker Desire Oparanozie could make her first World Cup appearance on Monday after picking up an injury in training. Waldrum said Oparanozie's status is undetermined, but "the good thing is she's now available."

Persons: Randy Waldrum, Waldrum, we've, Desire Oparanozie, Lori Ewing, Tom Hogue Organizations: BRISBANE, Nigeria breezed, England, Down, Canada, Australia, Super Falcons, African, of Nations, Sunday, Thomson Locations: Nigeria, Nigeria's, Ireland, South Africa, Netherlands, Morocco, Africa

☆ Instagram boss Adam Mosseri reveals behind-the-scenes details on the launch of Threads and 5 other takeaways about Instagram, creators, and more
▼ + stars: | 2023-08-03 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +7 min

Instagram's new app, Threads, has dominated the discourse around Meta since its July 5 launch. With the launch of Threads, Instagram and its top executive, Adam Mosseri, have been enjoying the limelight. Mark Zuckerberg was "by far the most convicted" about launching Threads as a separate app, Mosseri said on the podcast. "But, the thing is, we're not a messaging app," Mosseri noted. Mosseri has a bias for simplicity and said he recognizes that the Instagram app is overrun with too many features.

Persons: Adam Mosseri, Harry Stebbings, Mosseri, Stebbings, Instagram's Adam Mosseri, Mark Zuckerberg, Meta, Instagram, Instagram hasn't, TikTok, we've, we're, he's, exes Organizations: LinkedIn, VidCon Locations: Pinterest, Instagram

☆ A publicly traded media venture with ties to MoviePass' former chairman has been suspended from Nasdaq and its stock is in free fall
▼ + stars: | 2023-08-02 | by ( Ashley Rodriguez | ) www.businessinsider.com time to read: +6 min

Embattled digital-media company Vinco Ventures has been suspended by Nasdaq after a board exodus. It became a meme stock in 2021 after teaming up with the ex-chairman of MoviePass and touting buzzy acquisitions. The future of Vinco Ventures, the publicly traded media venture with ties to ex-MoviePass chairman Ted Farnsworth, is hanging in the balance after a series of buzzy deals collapsed and a board exodus has put the stock on the brink of a Nasdaq delisting. Shares of Vinco have nosedived 99% since their recent peak in September 2021, when meme-stock investors helped propel the stock. Farnsworth led the 2017 acquisition of MoviePass as chairman and CEO of the then-publicly-traded company Helios & Matheson Analytics, or HMNY for short.

Persons: Ted Farnsworth, we've, Shadwrick Vick, Farnsworth, Vick, It'd, Vinco, They're, Mitch Lowe, Lowe, MoviePass, Chris Bond, Mr Organizations: Vinco Ventures, Nasdaq, Zash Global Media, Entertainment, National Enquirer, Street Journal, MoviePass, Helios, Matheson Analytics Locations: Vinco, Clark County , Nevada

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