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☆ Nina Montée Karp and Dr. Harvey Karp turned the $1,700 Snoo into the holy grail of parenting. But some say they overhyped the crib's abilities and created a nightmarish corporate culture.
▼ + stars: | 2023-02-13 | by ( Kate Taylor | Jake Swearingen | ) www.businessinsider.com time to read: +31 min

Karp and Montée Karp built the hype into a parenting-media empire that put out three books and two instructional films in 10 years. Karp and Montée Karp met at a Hollywood party in the early '90s. Karp and Montée Karp promised her independence and flexibility to accommodate her two young children's day-care schedules and a 90-minute commute. Karp and Montée Karp insisted on being involved in minutiae that most top executives hand off. Karp and Montée Karp turned the Snoo into an award-winning holy grail of parenthood in just a few years.

☆ A husband-wife duo turned the $1,700 Snoo into the holy grail of parenting, but some say they run their company like a dysfunctional 'surveillance state'
▼ + stars: | 2023-02-13 | by ( Kate Taylor | Jake Swearingen | ) www.businessinsider.com time to read: +31 min

☆ Canada's Crawford wins super-G gold by slimmest of margins
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +2 min

COURCHEVEL, France, Feb 9 (Reuters) - Canada's James Crawford won the men's super-G by the slimmest of margins in a stunning upset at the Alpine skiing world championships on Thursday. Switzerland's World Cup overall leader Marco Odermatt was fourth and surprisingly out of the medals on a course set by the Swiss coach. The 25-year-old is the first Canadian super-G world champion since Erik Guay in St Moritz in 2017. Austria's 2021 super-G champion Vincent Kriechmayr finished 12th. Italy's Dominik Paris, the 2019 super-G world champion, crashed heavily at speed after pushing too aggressively and catching a ski edge on a gate.

☆ Time to buy the tech rally? Wall Street pros weigh in with their top stock picks
▼ + stars: | 2023-02-06 | by ( Zavier Ong | ) www.cnbc.com time to read: +6 min

Investors are flocking back into tech, after shunning the sector for the better part of 2022 amid broad risk-off sentiment. The tech-heavy Nasdaq Composite has been the best-performing Wall Street index in 2023, having gained about 15.6% since the start of the year. This could be the rebound," Wang told CNBC's "Street Signs Asia" on Thursday. " Some 87% of analysts covering the stock rate it a "buy," according to FactSet data, and give it average upside of 10.3%. Christopher Crawford, managing partner at Crawford Fund Management, told CNBC's "Street Signs Asia" on Tuesday that his firm is overweight tech "for the first time in our 10-year history."

☆ Elon Musk's Twitter ordered by officials to properly label bedrooms in San Francisco HQ as sleeping areas — or convert them back to offices within 15 days
▼ + stars: | 2023-02-03 | by ( Kate Duffy | Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

San Francisco told Twitter to label converted bedrooms as sleeping areas, per a correction notice. If it doesn't comply, Twitter has 15 days to convert the bedrooms back to offices in its HQ. Officials launched an investigation in December into Twitter's office bedrooms. Patrick Hannan, the Building Inspection Department's communications director, confirmed to Insider in December it was investigating reports that Twitter had converted some office rooms into sleeping areas in its HQ. A former Twitter employee told BBC News that Musk had often slept in Twitter's offices since taking over the company.

☆ Twitter working on payments feature - FT
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: +1 min

Jan 30 (Reuters) - Twitter Inc is working to introduce payments on the social media platform and has begun applying for regulatory licenses, the Financial Times reported on Monday, citing people familiar with the matter. New boss Elon Musk is pushing Twitter to create new streams of revenue as it faces a drop in advertising income, following his $44-billion takeover of the company in October. The development on the payments feature is being led Esther Crawford, a director of product management at Twitter, according to the report, which added that the executive was emerging to be a key lieutenant to Musk. Musk had previously said that the Twitter acquisition would be part of a master plan to create "the everything app", a service that would offer social networking, peer-to-peer payments and e-commerce shopping. Prior to Musk's takeover, Twitter in early 2021 was exploring allowing its users to receive tips, or digital payments, from their followers.

☆ The Art Behind Supply Chains Is Front and Center at a Museum Exhibit
▼ + stars: | 2023-01-25 | by ( Liz Young | ) www.wsj.com time to read: +6 min

Newsletter Sign-up The Logistics Report Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology. “What we wanted to do was to make the invisible visible, to look at the supply chain as a key part of how AI works,” Dr. Crawford said. “The best artists are all geometry and symmetrical work coupled with creativity, and that’s what supply chain is. Some of the artists on display in the MoMA gallery have gone on to create more work centered on supply chains. “When you start to do this research, you see everything differently and the precarity of the supply chain was made so clear to me,” she said.

☆ One of Elon Musk's top lieutenants at Twitter says she 'grew up in a cult'
▼ + stars: | 2023-01-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Esther Crawford, a leader at Elon Musk's Twitter, said on social media that she "grew up in a cult." Crawford has become a key player in Musk's takeover and went viral for sleeping in the office. She also was a social media strategist for Weight Watchers between 2007 to 2012. At Twitter, she serves as the director of product management and has quickly become one of Musk's top executives at the company. Since, she has survived multiple rounds of layoffs at the social media company.

☆ A Twitter director was told off by a senior leader for organizing a one-to-one meeting with Elon Musk to discuss ideas before his deal closed, report says
▼ + stars: | 2023-01-24 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

A Twitter director was reprimanded for arranging a one-to-one meeting with Elon Musk, per the FT.Esther Crawford introduced herself to Musk in Twitter's cafe before the deal closed, the FT said. Musk liked her ideas, but other employees were irritated by her move, people familiar with operations at Twitter told the FT.A senior leader reprimanded Crawford for going directly to Musk instead of speaking to them, the people told the FT. One senior employee, who remained anonymous, told the FT that the sleeping bag incident "bothered people." The FT reported that Crawford introduced herself to Musk during his first visit to the company headquarters, which was on October 26, two days before Musk's Twitter deal closed. Crawford remains active on Twitter, posting updates about the site and new features that are due to launch.

☆ Crypto hedge funds ended 2022 down almost 50% - BarclayHedge data
▼ + stars: | 2023-01-17 | by ( Nell Mackenzie | ) www.reuters.com time to read: +1 min

LONDON, Jan 17 (Reuters) - Hedge funds trading crypto currencies tracked by index provider BarclayHedge ended 2022 down almost 50%, the research firm said on Tuesday, a sign that the collapse of the cryptocurrency exchange FTX continues to ripple through the industry. "The more skeptical voices have turned to openly wondering if the 'Crypto Winter' isn’t a season at all, but a state more akin to a nuclear winter," said Crawford. An index of 47 hedge funds, the names of which BarclayHedge keeps anonymous, posted a loss of over 47% for the year, the data said. But the 2022 result was not the worst performance the index has seen in the last five years. The Cryptocurrency Traders Index ended 2018 down over 60%, said BarclayHedge, which is part of the company Backstop Solutions.

☆ There's no going back for China, says Alger Capital's Ankur Crawford
▼ + stars: | 2023-01-10 | 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 EmailThere's no going back for China, says Alger Capital's Ankur CrawfordAnkur Crawford, Alger Capital, joins 'Closing Bell' to discuss the reopening happening in China and the impact it could have on the region and the global economy.

☆ California faces parade of cyclones’; more than 110,000 without power
▼ + stars: | 2023-01-09 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

On Sunday night, the Sacramento County Office of Emergency Services ordered residents in unincorporated Wilton, which has a population of more than 6,200, to evacuate immediately. More than 100,000 utility customers in California were also left without power Sunday evening after torrential downpours and high winds battered the northern part of the state. As of early Monday morning, the number had grown to more than 111,500 utility customers without power, according to online outage tracker PowerOutage.us. Gavin Newsom declared a state of emergency Wednesday as California was pounded by heavy rain and snow, causing flooding across the state. Wade Crawford, the state secretary of natural resources, said on Sunday that January’s weather has been “supercharged by climate change.”

☆ Salesforce Customers Not Swayed by Slack, Analysts Say
▼ + stars: | 2023-01-06 | by ( Angus Loten | ) www.wsj.com time to read: +6 min

Salesforce reported about $402 million in Slack subscription and support revenue in the fiscal third quarter ending Oct. 31. Meanwhile, on Wednesday Salesforce said it would lay off 10% of its workforce as customers take a more cautious approach to spending. “The Slack acquisition by Salesforce has not changed the trajectory of Salesforce up or down,” said Tim Crawford, CIO strategic adviser at Los Angeles-based enterprise IT advisory firm AVOA. “That’s really the struggle for customers, to maintain the pace with a company like Salesforce,” he said. Forrester’s Ms. Herbert said the recent departures of Mr. Taylor and the Slack executives might signal that Salesforce is shifting the focus back to its core products.

☆ Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move
▼ + stars: | 2023-01-05 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. During an interview with Jim Cramer on "Mad Money" Thursday evening, Jim pushed Newlands on whether Constellation would consider a buyback given the decline in the stock. U.S.-based Constellation's growth in the beer market has been propelled by its 3 Mexican beer brands — Modelo Especial, Corona and Pacifico. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. A case of Constellation Brands Inc. Corona beer sits on a shelf in a cooler during a delivery in Ottawa, Illinois, U.S., on Tuesday, April 2, 2019.

☆ Modelo beer maker set to deliver a strong Q3, as the Club holding dominates the high-end market
▼ + stars: | 2023-01-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

U.S.-based Constellation's growth in the beer market has been propelled by its 3 Mexican beer brands — Modelo Especial, Corona and Pacifico. 1 spot in the country's high-end beer market and the No. 2 in the overall beer market, and has been the No.1 share gainer among Constellation's beer portfolio during the company's last 6 consecutive quarters, according to management. Moreover, Constellation's recent decision to eliminate its dual-class share structure puts the company in a strong position to deliver for all shareholders. Trucks with Constellation Brands Inc. Corona and Modelo beer sit during a delivery in the Zona Rosa neighborhood in Mexico City, Mexico.

☆ Southwest Meltdown Shows Airlines Need Tighter Software Integration
▼ + stars: | 2023-01-02 | by ( Belle Lin | ) www.wsj.com time to read: +6 min

Southwest’s software wasn’t designed to solve problems of that scale, Chief Operating Officer Andrew Watterson said Thursday, forcing the airline to revert to manual scheduling. Unlike some large rivals with hub-and-spoke networks, Southwest planes hopscotch from city to city, which may have been another complicating factor. Mr. Alamzad said the most serious IT challenge airlines face stems from the applications developed in silos by vendors or the airlines themselves. Southwest recently completed an upgrade of its new reservation system and had been working through multiyear upgrades to systems used in its operations. Other carriers have given priority to upgrading customer-facing reservations platforms and flier loyalty programs over operations systems, Mr. Alamzad said.

☆ The most honest man in real estate thinks the housing market isn't going to crash
▼ + stars: | 2022-12-31 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +13 min

Here's how Miller, who doesn't think the housing market is going to crash, became a beacon of trust. The call was from a journalist at an international paper asking for Miller's comment on the US housing market for a story. The 62-year-old founder of the real-estate-appraisal and data firm Miller Samuel is probably the most-quoted man in real estate, with some 2,469 news citations, according to the database LexisNexis. Today, Miller Samuel has replaced Scantrons with iPods, iPhones, and a CoreLogic appraisal software called A La Mode. Today, there's much more data than there was when he started Miller Samuel, but also a lot more "crap," Miller said.

☆ They Wanted a Versatile One-Bedroom in Chicago for About $200,000. Which Option Did They Choose?
▼ + stars: | 2022-12-29 | by ( Carisa Crawford Chappell | ) www.nytimes.com time to read: +2 min

After their son was accepted into Columbia College in Chicago last year, Brian McCutcheon and Donna Sink started looking for ways to cut down on expenses and make everyone’s life easier. A campus housing policy had kept Angus McCutcheon, now 19, in a dorm as a freshman, but the couple hoped they could find him a new living arrangement for his sophomore year. Angus was excited to be able to choose his home and wanted to be close to campus, restaurants and shops. “I’m a fan of natural light.”The family connected with Daniel Eirinberg of eXp Realty, who agreed that Printers Row would be ideal. “You’ve got good train access and a bunch of great little cheap and delicious food choices that cater to the college students,” he said.

☆ IBM beat all its large-cap tech peers in 2022 as investors shunned growth for safety
▼ + stars: | 2022-12-27 | by ( Jordan Novet | ) www.cnbc.com time to read: +6 min

But in a year that saw investors abandon all major tech stocks, Big Blue was in the green. High gas prices, soaring inflation and the Federal Reserve's steady pace of rate increases have punished growth stocks and favored more mature, less volatile names that are viewed as more recession-resistant. Among U.S. tech companies valued at $50 billion or more, IBM was one of only two to generate positive returns in 2022. IBM beats Big Tech in 2022 CNBCIBM is "trading well above its historical range," Bernstein Research analysts wrote in a Dec. 20 note to clients. IBM's model through 2024 calls for mid-single-digit revenue growth, translating into free cash flow growth in the high single digits.

Employers may go through 'culture shift'Prioritizing quality of life for employees is one of the biggest career trends of 2022, said management consultant Christine Spadafor. Workers continue to demand flexibilityChandra Sahu's job gives her the flexibility to work remotely. Sahu's job changes may reflect another trend some workplace management experts call a "career correction." "The right skills, and getting those, top getting that talent into the right positions within organizations." Remote work is here to stayRecognizing employees' need for flexibility will be essential to filling roles.

☆ Should AI be used to classify humans? An AI researcher at USC says it's reductive and ethically dubious
▼ + stars: | 2022-12-26 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

Kate Crawford, author of "Atlas of AI" discussed the ethics of categorizing humans using AI. In an email interview with Insider, Kate Crawford, AI researcher at USC Annenberg and author of "Atlas of AI," expanded on the risks of relying on AI to help classify humans. Where did the idea of using AI to classify humans come from and why are companies interested in using this technology? Is there any safe or ethical way in which AI technology can be used to classify humans? Why is the AI industry so adamant about using data and data collection methods that have been proven to exacerbate inequality?

☆ The CEO of Elon Musk's Boring Company slept at Twitter HQ with his partner and newborn baby, report says
▼ + stars: | 2022-12-24 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

The Boring Company CEO slept at Twitter's HQ with his partner and baby, The Information reported. Steve Davis and his family all slept in its makeshift bedrooms for weeks after the baby was born. Steve Davis spent the first few weeks after his baby was born sleeping in a makeshift bedroom in the San Francisco office, along with his partner. Forbes revealed earlier this month that the "Chief Twit" had converted some space in the San Francisco office into bedrooms. Soon afterwards the San Francisco Department of Building Inspection said it was investigating the building's use after a complaint was made.

☆ Twitter has given new square business badges to some of its staff, news outlets, and a close friend of Elon Musk — but not Musk himself
▼ + stars: | 2022-12-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Twitter introduced a new square badge to show where company verified accounts are employed. At least 10 Twitter staff have the new badge, but Elon Musk doesn't. Musk himself, however, has not got a square badge, despite owning the company and spearheading the verification changes. Musk retweeted the official announcement for the feature, but is yet to address the poll which saw Twitter users vote for him to step down as CEO. The news outlet Bloomberg also has access to the square badge, which is currently being used for different sections of the outlet's coverage, but not individual journalists.

☆ The ‘90s Blowout Is Back. Here’s How to Do the Big ’Do Right.
▼ + stars: | 2022-12-14 | by ( Fiorella Valdesolo | ) www.wsj.com time to read: +1 min

Topanga from “Boy Meets World.” Cher from “Clueless.” These are among the retro references name-checked in the blowout hair tutorials blowing up all over TikTok. (At last count, videos tagged #90sblowout had more than 84 million views on the app.) “[Social media] is really driving the trend,” explained Fekkai founder and CEO, Frédéric Fekkai, referencing Matilda Djerf (TikTok follower count: 1.3 million), an influencer whose signature fluffy blowout has become a frequent subject of viral posts. Jessica Gillin, a stylist at New York’s Jenna Perry Hair, sees her clients’ zeal for fluffy manes as just the latest expression of ’90s and Y2K nostalgia. “Big hair is femininity...it’s also power.”

☆ Hiker dies after falling off New Hampshire mountain while taking photos with his wife, officials say
▼ + stars: | 2022-12-12 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +1 min

A hiker died Saturday after falling off the summit of a New Hampshire mountain while taking pictures with his wife, officials said. The couple were at the top of Mount Willard around 10:30 a.m. when the unidentified man fell over the edge and down a steep cliff, NBC Boston reported. Mountain Rescue Service personnel rappelled down the cliff and found the hiker dead about 2:30 p.m., about four hours after his fall, according to the news station. The rescue team raised the man's body back up the summit and took it back to the trailhead parking area about 6:45 p.m., NBC Boston reported. In February, a 67-year-old man died while hiking up Mount Willard to go ice climbing, CBS Boston reported at the time.

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