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☆ Another cultish cost-saving formula gets off-track
▼ + stars: | 2023-03-29 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +9 min

Despite its multiple interpretations and approaches, success is widely gauged by a railway’s operating ratio, a simple measure of how much it spends to make a buck. Union Pacific’s peers improved similarly, indicative of the antiquated ways the industry had been deploying resources. Union Pacific also found itself unable to bring back enough furloughed workers in areas where they were most needed. “In a significant departure from the railroad industry's recent past, we deliberately moved away from a singular focus on operating ratio,” he told lawmakers. “If we wanted to drive [operating ratio] lower over time, we could,” the board wrote in a letter to shareholders in late 2021.

☆ A police raid uncovered a previously unknown Jackson Pollock painting worth an estimated $54 million
▼ + stars: | 2023-03-27 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

A previously unknown painting by Jackson Pollock was discovered last week, per officials. Authorities found the painting in an art-trafficking bust, Bulgarian National Radio first reported. Experts estimated the painting could rack up to $54 million at an auction, according to BNR. A photo of part of the painting can be viewed at Bulgarian National Radio's website. Previously, Pollock's most expensive painting sold for $61,161,000, in 2021, according to the art market website Mutual Art.

☆ A cryptic message that's been on Blockbuster's website for months has people wondering if it'll make a comeback
▼ + stars: | 2023-03-25 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

People recently noticed a message on Blockbuster's website: "We are working on rewinding your movie." The message sparked speculation of a possible comeback and nostalgia for the defunct rental stores. People recently noticed that a message greets you when you visit Blockbuster's website. Before that, the website showed a message from its current owner, Dish Network, directing people to Dish's on-demand service. So far, Dish hasn't commented on whether the message on the website means anything, and the company did not respond to Insider's request for comment ahead of publication.

☆ A Southwest Airlines pilot became incapacitated while flying. A pilot from another airline was on board — and jumped in to help.
▼ + stars: | 2023-03-23 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

A Southwest Airlines captain needed medical attention while flying a plane Wednesday. A pilot from another airline was on board the flight and stepped in to help, NBC reported. The captain felt stomach pains and became "incapacitated" while Southwest Flight 6013 was en route from Las Vegas to Columbus, Ohio, NBC reported, citing flight radio traffic. That person jumped into the cockpit to assist a second Southwest pilot who wasn't ill. As of Thursday morning, there were no updates on the captain's condition "for their medical privacy," the Southwest spokesperson told Insider.

☆ The average TikTok user in the US is an adult 'well past college age,' CEO says
▼ + stars: | 2023-03-22 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

TikTok CEO Shou Zi Chew said the average TikTok user in the US is "an adult well past college age." Over 60% of Gen Z adults use TikTok daily, a 2023 report from Morning Consult found. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. TikTok CEO Shou Zi Chew revealed this week that the app's average user in the US is "an adult well past college." Now, it's estimated that over 60% of Gen Z adults use TikTok daily, compared to over 20% of US adults who use the app daily, according to a January 2023 data research report from Morning Consult.

☆ AI-generated DJs are coming to radio stations in the US and Canada next month
▼ + stars: | 2023-03-22 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

An AI-generated radio DJ could be coming soon to your local radio station. Radio GPT will launch at stations in the US and Canada in April, as reported by Axios Cleveland. RadioGPT, a GPT-4-powered radio content generator from media company Futuri, is set to debut next month in radio stations in the US and Canada, Axios Cleveland reported. Radio GPT uses AI to generate scripts and voices designed for radio stations. The news that the AI technology is coming to real radio stations might make existing radio DJs squirm and wonder if their jobs are now at-risk of being replaced.

☆ Check out Taylor Swift's multimillion-dollar real estate portfolio, with houses from Nashville to Beverly Hills
▼ + stars: | 2023-03-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: 1 min

Swift bought the Beverly Hills mansion known as the Goldwyn Estate in 2015 for $25 million. MLS/Courtesy of TruliaThe property is now estimated to be worth $30 million, according to Zillow. Swift reportedly bought the estate through an LLC from the Goldwyn family. The mansion has six bedrooms, a tennis court, a whole apartment for guests, and a swimming pool. Sources: Property records, Insider, Zillow

☆ Watch a parking lot of around 100 Teslas put on a light show tribute to the Oscar-winning song 'Naatu Naatu'
▼ + stars: | 2023-03-21 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

A video on Twitter shows around 100 Tesla vehicles performing a light show to the popular song "Naatu Naatu." The official "RRR" account also shared footage from the event, which has racked up over 8.8 million views. Custom Tesla light show websites created by Tesla fans have also cropped up. The website TeslaLightShows.io allows users to upload and download free custom light shows from other Tesla owners. To perform a light show, Tesla owners can follow similar set-up instructions as setting up Tesla's "Boombox" feature, per Tesla's website.

☆ Bill Gates just published a 7-page letter about AI and his predictions for its future
▼ + stars: | 2023-03-21 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

Bill Gates published a 7-page letter on the future of artificial intelligence. The Microsoft cofounder published a seven-page letter on Tuesday, titled "The Age of AI has Begun," outlining his views on the future of artificial intelligence. It's possible that AI could also aid in the treatment of patients who don't live nearby health facilities, Gates wrote. "Even once the technology is perfected, learning will still depend on great relationships between students and teachers," the letter reads. "To make the most of this remarkable new technology, we'll need to both guard against the risks and spread the benefits to as many people as possible," Gates wrote.

☆ The Kremlin has reportedly told Russian officials to throw away their iPhones by the end of the month
▼ + stars: | 2023-03-20 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Some Russian officials were advised to ditch their iPhones, Russian newspaper Kommersant reported. Officials close to the presidential administration were reportedly told to get new phones by April. Sergei Kiriyenko, first deputy head of Russia's presidential administration, reportedly told the officials they had to replace their iPhones by April 1. The reported instruction comes amid undergoing campaign preparations for the upcoming 2024 Russian presidential election. Although those within the Russian presidential administration were reportedly told to get rid of their Apple iPhones, it's unclear whether all Russian government officials were advised to do so.

Trump has said he would stay in the race if he is indicted. Trump, meanwhile, is making a forward-looking pitch to voters, NBC News’ Allan Smith and Jonathan Allen report. And the Washington Post reports Friday that prosecutors investigating the Jan. 6 Capitol riot have obtained a report commissioned by Trump’s campaign that undercut his falsehoods about the election. Santos mulls re-election: New York GOP Rep. George Santos told the Associated Press he is a “maybe” on running for re-election. Sparks fly in the Windy city: Sen. Bernie Sanders, I-Vt., endorsed Cook County Commissioner Brandon Johnson in Chicago’s mayoral race on Thursday.

☆ Elon Musk's Starlink is aiding criminal mining efforts in Brazil's Amazon
▼ + stars: | 2023-03-17 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Starlink kits are being used for illegal mining efforts in Brazil, per the Associated Press. In Brazil, Starlink internet terminals have done just that. "You can manage hundreds of mining sites without ever setting foot in one." Before Starlink's internet service, illegal miners relied on heavy, stationary antennae, but the internet connection was often unreliable, per the AP. As Musk's Starlink service becomes more and more widespread, cases of misuse are to be expected.

☆ Lawyer who has negotiated salaries for decades: Female clients were offered less '100% of the time'
▼ + stars: | 2023-03-16 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Justice is a longtime entertainment lawyer and spent decades representing an array of clients ranging from male and female executives to talent like rapper Jay-Z. When she expressed how much her female clients were looking to get paid, she says, "I got ridiculous pushback." Here are some of the excuses she heard most often for why her women clients didn't get offered what their male peers did. It was assumed, by contrast, that single men would one day need to support their families. When Justice asked for a salary comparable to the client's male counterparts, the in-house counsel she was negotiating opposite "laughed at me," she says.

☆ Match Group CEO spent $50,000 on 'Clash of Clans' in 3 months: 'I still look back at that with lots of shame'
▼ + stars: | 2023-03-16 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

CEO of Match Group Bernard Kim spent $50,000 on the mobile gaming app Clash of Clans. Speaking at a dating summit, Kim said the rewards of mobile gaming don't compare to those of of online dating. Kim was previously steeped in the mobile gaming industry as the president of mobile gaming group Zynga, known for creating Words With Friends. Like mobile games, many dating apps — including those in Match's portfolio — offer in-app purchases, including a new $50-per-month Hinge subscription. "I've personally spent $50,000 in three months in 'Clash of Clans,' and I still look back at that with lots of shame," he added.

☆ Ex-Wells Fargo exec who pushed bankers to open fake accounts will plead guilty. She'll pay a $17 million fine — and faces more than a year in prison.
▼ + stars: | 2023-03-16 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

A former Wells Fargo exec agreed to plead guilty to charges she obstructed a bank examination. Carrie Tolstedt, who led the bank's retail division, will pay a $17M fine and faces prison time. She is the first exec to be criminally charged in the bank's scandal involving unauthorized accounts. The plea agreement calls for Tolstedt to serve up to 16 months in prison. Tolstedt is the first Wells Fargo executive to be criminally charged for the scandal.

☆ I took a cruise around the Mediterranean. Here are 5 things that surprised me — from the coffee to the navigation.
▼ + stars: | 2023-03-16 | by ( Christian Mayer | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

Insider's Christian Mayer took a trip around the Mediterranean on the AIDAblu cruise ship. I recently booked a spontaneous weeklong cruise with the German cruise line Aida Cruises, a subsidiary of Carnival Corporation and PLC, one of the largest cruise companies in the world. The cruise sailed around Italy and Malta, starting off in Civitavecchia, a town on the west coast of Italy near Rome. A tiny ship approached the outer wall of our huge cruise ship, and, in whipping winds, the pilot climbed an outer ladder onto our ship. The ship served Starbucks coffeeThe price of the cruise included filter coffee with breakfast.

☆ Sunshine co-founder & former Yahoo CEO Marissa Mayer: Winner of A.I. battle best misinfo manager
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSunshine co-founder & former Yahoo CEO Marissa Mayer: Winner of A.I. battle best misinfo managerMarissa Mayer, former Yahoo CEO and Sunshine co-founder, joins 'Closing Bell: Overtime' to discuss SVB, the A.I. race and Google CEO Sundar Pichai.

☆ This new photo of Amazon's portable satellite-internet dish makes SpaceX's Starlink terminals look huge
▼ + stars: | 2023-03-15 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

The terminals are comparable to ones from Starlink, Elon Musk's SpaceX satellite internet service. The flat, square terminals connect to Project Kuiper, Amazon's low Earth orbit satellite network. The standard model of SpaceX's Starlink dish measures 11.9 inches by 20.2 inches. SpaceXThe internet speeds Starlink offers range up to an expected download speed of 250 megabits per second, depending on the service plan. Starlink first launched the beta version of Starlink internet service in 2020, and now has more than one million users.

☆ Former Domino's CEO bought nearly $4,000 worth of pizza in a year
▼ + stars: | 2023-03-14 | by ( Grace Mayer | Nancy Luna | ) www.businessinsider.com time to read: +3 min

Former Domino's CEO Ritch Allison bought $3,919 worth of pizza in 2021, the Financial Times found. The former CEO was compensated for a nearly $4,000 personal pizza expense, the Financial Times reported, citing Domino's proxy filing from last year. As FT points out, the previous proxy shows Allison's nearly $4,000 in pizza in 2021 was relatively tame. During his tenure as CEO, Allison pushed innovation and a culture of risk-taking at the tech-forward company. Curious what $3, 919 gets you in Domino's pizza pies?

☆ A puzzle aficionado used ChatGPT to create a new game that's basically 'reverse Sudoku'
▼ + stars: | 2023-03-11 | by ( Grace Mayer | ) www.businessinsider.com time to read: +4 min

The popular AI chatbot created 'Sumplete,' a game its human creator described as a "reverse Sudoku." Since the game launched last week, it has already attracted thousands of players. The AI chatbot then created 'Sumplete,' which Tait described as a "reverse Sudoku." After ChatGPT spit out a list of five games he was already familiar with, Tait prompted ChatGPT to create a puzzle game entirely from scratch. To Tait's knowledge, there is no other existing iteration of this "reverse Sudoku" game.

☆ You can finally change the size of Netflix's subtitles on your TV
▼ + stars: | 2023-03-10 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Subscribers can tailor subtitle text size and select between four text styles. Subscribers will be able to adjust subtitle text size to small, medium, or large, and choose among four text colors and styles, including: drop shadow (the default white text), dark (white text on a black background), contrast (yellow text on a black background), and light (black text on a white background). These customizable options are also similar to those offered by other streaming platforms including Disney Plus, Hulu, HBO Max, and Amazon's Prime Video. But this update could also remedy complaints about poor audio quality on streaming platforms. According to the same survey, 50% of Americans watch content with subtitles, and 62% used subtitles more on streaming platforms than on regular TV.

☆ Google search is bad and getting worse. Here's how search is evolving in the era of AI.
▼ + stars: | 2023-03-09 | by ( Mason Pelt | ) www.businessinsider.com time to read: +12 min

He says Google search is worse than ever, and the company isn't financially incentivized to fix it. Google search is worse than it was three years ago. People use Google search in two waysPeople use Google to either find general information where any credible source is acceptable. Searching, "who is Neil Gaiman," or "list of the endless in the Neil Gaiman series" will likely give searchers the answers they seek. That sentence's chaotic grammatical mess is a window into the Google search results pages.

☆ OpenAI cofounder responds to Elon Musk's criticism that ChatGPT is too 'woke': 'We made a mistake'
▼ + stars: | 2023-03-09 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

OpenAI cofounder admitted the startup "made a mistake" in response to Musk's criticism of ChatGPT. Musk has repeatedly criticized the chatbot for its "woke" responses. Musk, an OpenAI cofounder who has since severed ties with the company, has routinely criticized OpenAI for implementing safeguards that prevent the chatbot from producing responses that could be deemed offensive. Musk had previously criticized the technology, saying that "the danger of training AI to be woke – in other words, lie – is deadly." As more users flock to AI chatbots like ChatGPT and Bing's recently-launched chatbot, which is powered by OpenAI technology, their limits and flaws have been revealed.

☆ Employees think going into the office is a 'complete waste of time and money,' CEO says
▼ + stars: | 2023-03-08 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

The CEO of a flexible office company told CNBC that employees don't want to go back to the office. He said that employees see traditional offices as a "complete waste of time and money." "There's this assumption that people like commuting into a central business district," Mark Dixon, CEO of flexible office company IWG, told CNBC. After laying off thousands of workers earlier this year, the tech company has paused construction on its second headquarters in Virginia. He told CNBC that he envisions offices working like "a network of petrol stations," affording workers the opportunity to work anywhere.

☆ Check out the new yellow iPhone 14
▼ + stars: | 2023-03-07 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Apple announced a new yellow iPhone 14 and iPhone 14 Plus. Aside from the color, the new phone is the same as the previously released iPhone 14 and iPhone 14 Plus. Apple announced a new yellow iPhone 14 and iPhone 14 Plus on Tuesday. Apple's new iPhone 14 and iPhone 14 plus in a yellow shade launches on Tuesday, March 14. AppleAside from the cosmetic color change, nothing about this model of the iPhone 14 or iPhone 14 Plus has changed from the iPhone 14 lineup announced last September.

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