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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech transformation still needs to be equitable, says non-profit CEOGeetha Murali, CEO of Room To Read, talks about the resources her organization is harnessing to increase global literacy, especially among more vulnerable and less-accessible communities, and some of the challenges she continues to face.
Persons: Geetha Murali
Schwarzman has called Blackstone his family office, but he has another family office, BI has learned. Inside Schwarzman's secretive family office with a name that harkens back to his childhood. The concept of the family office can be traced to the 1838 founding of the House of Morgan to handle J.P. Morgan's fortune. Every family office, however, is just as unique as the wealthy family that's spawned it, he said. Advertisement"The term family office," Sharpe said, "is possibly the most misused, overused, and poorly used term in finance today."
Persons: Steve Schwarzman, Schwarzman, Blackstone, , Averell Harriman, Harriman, Brown, Harry Truman, Donald Trump, Christine Hearst Schwarzman, Gwen Stefani, Theo Wargo, Pennypack, Steve Schwarzman's, Blackstone Schwarzman, Pete Peterson, Marc Sharpe, Michael Dell, Sharpe, they're, Stephen A, John Magliano, Magliano, Paul A ., LLCs, tony Easton, Hearst, Alexi Rosenfeld, Trump's, Stephen Schwarzman, Jabin, Tim Sheehy, Montana, Sheehy, Morgan Organizations: Service, Bloomberg, Ford Motor Co, White, New York Public Library, Metropolitan, Bank of America Securities Financial Services, Blackstone, Vanguard, Family Office Association, Dell Computer, BI, Getty, Schwarzman, LinkedIn, Hearst Schwarzman, Art, Federal Communications Commission, MIT, Humanities, Oxford, New York Public, Schwarzman Education Foundation, Tsinghua University, Policy, Washington, Getty Images Locations: New York, Vietnam, Manhattan, Philadelphia, Blackstone, Schwarzman, Pennypack, Delaware, Nantucket , Massachusetts, Nantucket, Schwarzman's, Newport , Rhode Island, Miramar, Wiltshire, England, Newport ., Beijing, China, North America
Ina Garten, Martha Stewart, and Ree Drummond all have recipes for baked mac and cheese. Stewart's recipe uses four kinds of cheese and yellow onion, while Garten's calls for tomato. I thought The Pioneer Woman's recipe, which used roasted butternut squash, was the most flavorful. AdvertisementCelebrity chefs Ina Garten, Martha Stewart, and Ree Drummond all have their own recipes for baked mac and cheese, so I decided to put them to the test. Related Video All the differences between KFC in Italy and the USHere's how to make each celebrity-chef-approved baked mac-and-cheese recipe.
Persons: Ina Garten, Martha Stewart, Ree Drummond, , Drummond's Organizations: Service, KFC Locations: Italy
Temu was the most downloaded app by Gen Z in the US in the first 10 months of 2024. AdvertisementAmerica's Gen Z is really here for Temu. The Chinese online marketplace was the most downloaded app by Gen Zers in the first 10 months of the year. "Gen Z values a highly curated shopping experience that delivers both variety and convenience at accessible price points," Whaley said. Gloria Gan, a lifestyle analyst at the UK-based market research firm Mintel, said Temu is making inroads with Gen Z because of the generation's "tech-savviness and frequent online shopping habits."
Persons: Temu, Gen Z, , Gen Zers, Zers, TikTok, Jim Whaley, Whaley, Gloria Gan, Gen, Gan Organizations: Service, PDD Holdings, Daxue Consulting, Business, Amazon Locations: China, York
Club holdings Alphabet and Amazon found themselves on the fault line. Battleground tech GOOGL YTD mountain Alphabet (GOOGL) year-to-date performance Third Point, the hedge fund run by Dan Loeb, sold its entire nearly $333 million position in Alphabet last quarter. Third Point trimmed its Amazon holdings by nearly 28%. A fund's holdings may very well have changed by the time the previous quarters' filings are revealed. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Wall, Dan Loeb, David Tepper, Seth Klarman, Philippe Laffont's Coatue, Bill Ackman's Pershing, Daniel Sundheim, Coatue, Donald Trump's, Eli Lilly, Jim Cramer's, Jim, Jim Cramer, Sebastien Bozon Organizations: Management, Group, D1, Amazon, Big Tech, Nasdaq, Health, D1 Capital, GE Healthcare, Jim Cramer's Charitable, CNBC, AFP, Getty Locations: 13Fs, Danaher
Markets sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Bright spots : The two best-performing S & P 500 sectors this week are financials and energy. Health care was far and away the worst-performing group in the S & P 500. Next week: There's 11 companies in the S & P 500 reporting next week. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, There's, Donald Trump's, Jerome Powell, Trump, , Morgan Stanley, Wells Fargo, Robert F, Kennedy Jr, Eli Lilly, we'll, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Traders, – BlackRock, Energy, Coterra Energy, Disney, Department of Health, Human Services, pharma, Nvidia, Walmart, Viking Holdings, TJX Companies, Palo Alto Networks, Target, Williams, Club, BJ's, Ross Stores, Baidu, PDD Holdings, GE Healthcare, Jim Cramer's Charitable Locations: Wells Fargo, Sonoma, Snowflake, Palo Alto
Photographers shared red flags couples should look out for when hiring someone for their big day. Related VideoThat's why Business Insider asked wedding photographers Karen Khuc and Bri McClure, who are based out of Los Angeles and Nashville, respectively, to share the red flags to look out for when hiring a photographer. Advertisement"Look for wedding photographers who have a streamlined process. Obradovic/Getty ImagesIt's important to research potential wedding photographers based on the aesthetic and feeling you want reflected in the photos. Be wary of photographers with no reviews or testimonialsCouples should also look for reviews when hiring a photographer for their wedding day.
Persons: , Karen Khuc, Bri McClure, Klaus Vedfelt, isn't, McClure, Khuc, Nikolay Mint Organizations: Service, Business Locations: Los Angeles, Nashville
Elon Musk has added Microsoft as a defendant to an amended lawsuit against OpenAI. The suit, which also adds Reid Hoffman as defendant, accuses Microsoft and OpenAI of forming a monopoly. AdvertisementThe suit describes Microsoft's partnership with OpenAI as a "de facto merger" and said, "Microsoft is now OpenAI, and OpenAI, Microsoft." The amended lawsuit is the latest escalation between longtime rivals Musk and Sam Altman, the CEO of OpenAI. Microsoft, OpenAI, and Hoffman didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.
Persons: Elon Musk, Reid Hoffman, OpenAI, , Shivon Zilis, Zilis, Musk, Mustafa Suleyman, Sam Altman, cofounders Altman, Greg Brockman, SoftBank, Navneet Govil, Govil, BI's Hasan Chowdhury, Hoffman didn't, Hoffman Organizations: Microsoft, OpenAI, Service, Bloomberg, New York Times, OpenAI's San, Financial Times, Business Locations: Neuralink, Northern California, OpenAI's, OpenAI's San Francisco
"Now they are able to fight, they are able to maneuver," a French colonel said. AdvertisementA Ukrainian brigade made up of thousands of soldiers trained in France and armed with French-supplied tanks, artillery, and heavy weaponry is about to enter the fight against Russia. It will also have 18 AMX 10 light tanks, 18 truck-mounted Caesar artillery pieces, 128 armored troop carriers, as well as anti-tank and antiaircraft missile systems, the French military said. The Ukrainian military is also training other troops for the brigade back in Ukraine, according to French authorities. The new Ukrainian brigade will enter the war at a critical time.
Persons: , Anne, France —, Caesar, Ukraine's, Donald Trump Organizations: Service, Russia, Associated Press, Western, White, Trump Locations: France, Russia, French, Champagne, Ukraine, Kyiv, Ukrainian, Kursk, Europe
Mike Tyson and Jake Paul will fight Friday in what will likely be Netflix's biggest-ever live event. The streamer has increasingly segued into live sports while building an ad business. Netflix now has 70 million ad-supported users — up from 40 million in May. AdvertisementMike Tyson and Jake Paul will enter the ring Friday in a long-anticipated boxing bout that could be a big test for Netflix's ambitions. Two years after launching, Netflix said it now has 70 million ad-supported users — up from 40 million in May.
Persons: Mike Tyson, Jake Paul, , Jennifer Halloran, Ampersand's Nicolle Pangis, Peter Naylor, Tyson, Paul Organizations: Netflix, Service, Boxing, influencers, Boston Red Sox, WWE, NFL, Business
Learn moreThe Billie Jean King Cup is underway after several exciting matches at the WTA Finals earlier this month. We've put together everything you need to know about where to watch the Billie Jean King Cup, including global watch options. Where to watch the Billie Jean King Cup in the USThe Billie Jean King Cup airs on the Tennis Channel in the US, which is available to live stream through a month-to-month live TV streaming package like Sling TV, Fubo, or DirecTV Stream. Check price at FuboWhere to watch the Billie Jean King Cup in the UKThe Billie Jean King Cup airs on the Tennis Channel in the UK, which is streamable through the Tennis Channel website. Where to watch the Billie Jean King Cup in AustraliaBillie Jean King Cup coverage will be available through beIN in Australia.
Persons: Billie Jean King, We've, Davis, Australia Billie Jean King, It's, ExpressVPN Organizations: Business, WTA, Billie Jean King Cup, Federation, Canada, Tennis Channel, DirecTV, Entertainment, Elite, Sports, Fubo, BBC Locations: Malaga, Spain, Australia, beIN
AdvertisementThis as-told-to essay is based on a conversation with Setu Shah, founder of Financial Doula. Here are the three items that all parents should budget for during the first year and beyond. Physical and mental healthIn the first year postpartum, there are so many small supports that can help parents, especially moms. AdvertisementSometimes, women need help in justifying these costs, especially if their male partner is making more money than they are. These 2 questions can help open money conversationsHaving a baby brings a lot of financial stress that many couples haven't faced before.
Persons: Setu Shah, , I'd, I've, haven't, I'm Organizations: Service
Actors John Krasinski and Emily Blunt have been married for over a decade. They're worked on projects together like "A Quiet Place" and "A Quiet Place II." Go to newsletter preferences Thanks for signing up! AdvertisementActors Emily Blunt and John Krasinski have been together for over a decade. Here's everything you need to know about Krasinski and Blunt's relationship, from their first meeting to today.
Persons: John Krasinski, Emily Blunt, They're, , they've, Krasinski, Blunt's Organizations: Service
Given the sheer volume of enemy drones, helicopters have joined the counter-drone fight. In Ukraine and Israel, helicopters of all kinds are hunting down drones. In Ukraine, a huge country compared to Israel, helicopters are a means to shield its airspace against large drone salvos. Advertisement"Given the Russian Shaheds' slow and low flight pattern, rotary aircraft can easily chase and destroy them," Borsari said. Modifications of this kind could make helicopters more effective drone hunters in the future, supplementing other ground- and air-based systems.
Persons: , It's, Israel's, it's, Nicholas Heras, Samuel Bendett, Federico Borsari, Borsari, Paul Iddon Organizations: Service, Iran, New Lines Institute, Center for Naval, Center for, Helicopters, Royal Navy Wildcat Locations: Ukraine, Israel, Washington ,, Ukrainian, Lebanon, Syria
Goldman Sachs named 95 partners last week, including private wealth exec Brittany Boals Moeller. AdvertisementBrittany Boals Moeller, one of Goldman Sachs' newly minted partners, didn't picture a career in finance when she joined the bank 17 years ago. The 39-year-old is based in Atlanta and runs the Southeast region of Goldman Sach's private wealth division. While wealth management clients skew older, the division has a pipeline of rich millennial founders who work with the investment banking arm. Goldman Sachs' family office offering, Apex, launched a few years later.
Persons: Goldman Sachs, Brittany Boals Moeller, , I've, Goldman, Boals Moeller, John Mallory, Tucker York, Ciara, Marc, Kwesi Farrell, John Paul DeJoria, Michelle Hynik, It's Organizations: Service, New York University, Goldman, Catering, Utah Royals, Advisors Locations: Jonesboro , Arkansas, Atlanta, Apex, Deer Valley, Copenhagen, Deer
Palantir jumps 11% to a record after announcing move to Nasdaq
  + stars: | 2024-11-15 | by ( Ari Levy | ) www.cnbc.com   time to read: +3 min
Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Palantir shares continued their torrid run on Friday, soaring 11% to a record, after the developer of software for the military announced plans to transfer its listing to the Nasdaq from the New York Stock Exchange. The shares are now up more than 45% since Palantir's better-than-expected earnings report last week and have almost quadrupled in value this year. Palantir said late Thursday that it expects to begin trading on the Nasdaq on Nov. 26, under its existing ticker symbol "PLTR." Thiel's Palantir holdings have increased in value by about $3 billion since the earnings report and $2 billion since the election.
Persons: Alex Karp, Palantir, Alexander Moore, 8VC, " Moore, Moore, didn't, Maven, Trump, Peter Thiel, Donald Trump's, Thiel Organizations: Palantir Technologies, Nasdaq, New York Stock Exchange, Maven, ., Department of Defense, Trump, P Global, Argus Research Locations: Cologne, Germany
Ex-Google CEO Eric Schmidt says there's "no evidence" of an AI slowdown. AdvertisementEric Schmidt says there's "no evidence" artificial intelligence scaling laws are stopping as some in Silicon Valley worry about an AI slowdown. He said there will be "two or three more turns of the crank of these large models" over the next five years, referring to improvements in large language models. Related Video Why "deployment of AI is top of mind for everybody," according to IBM's Jonathan Adashek"There's no evidence that the scaling laws, as they're called, have begun to stop. AI scaling laws are the theoretical rules that broadly state models will continue to improve with more training data and greater computing power.
Persons: Eric Schmidt, Schmidt, LLMs, , IBM's Jonathan Adashek, we're, OpenAI's, OpenAI, Claude, Gary Marcus, Sam Altman, Anthropic Organizations: Google, Service, Bloomberg, New York University, OpenAI, Business Locations: Silicon
AdvertisementI've been on Norwegian, Carnival, and Royal Caribbean's newer cruise ships. Brittany Chang/Business InsiderWhen a few rounds of foosball and ping-pong have worked up your appetite, you'll have 16 dining venues to choose from. AdvertisementNorwegian Cruise LineNorwegian Cruise Line has 18 cruise ships. Norwegian Cruise LineIt's the only cruise line on the list with a semi-inclusive "More at Sea" — formerly known as "Free at Sea" — promotion. The company operates 28 cruise ships, several of which are the biggest in the world.
Persons: Bauer, Griffin, Brittany Chang, It's, Guy, you'll, Finnbarr Webster, Norwegian Luna, Prima flaunts, Pieter De Boer, Firenze, There's Organizations: Royal, Firenze, Costa Cruises, Grill, Cruise Line, Cruise, Norwegian Aqua, Prima, Seas Locations: Royal Caribbean, roundtrip Port Canaveral , Florida, Bahamas, Brittany, Norwegian, Alaska, Europe, Asia, Jacksonville , Florida, Haven, CocoCay, Mexican, Los, Ensenada, Mexico
Jamie Dimon says bankers are "dancing in the street" because they expect Donald Trump to cut regulations. President-elect Trump has tasked Elon Musk and Vivek Ramaswamy with eliminating government waste. AdvertisementJamie Dimon says Wall Street is whooping with joy at the prospect of Donald Trump tearing up regulations and revitalizing the banking industry in his second term. AdvertisementExcessive regulation in the US is "a shame, and we're doing this to ourselves, and it's a mistake," Dimon said. The president-elect wrote that DOGE's goal would be to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."
Persons: Jamie Dimon, Donald Trump, Trump, Elon Musk, Vivek Ramaswamy, , they've, Dimon Organizations: JPMorgan, Service, APEC, Summit, Bloomberg, of Government Locations: Lima , Peru
CNN —As US President-elect Donald Trump continues to make heads turn with nominations for key roles in his incoming administration, Russians are trying to understand the appointments and what impacts they might have for Moscow. Waltz also described Russia as “a gas station with nukes” in an interview with NPR on November 4. Asked about how they viewed the incoming administration and future relations between old adversaries, people were a little more divided. “Trump said that ‘I will do everything for America’, but he did not say a word about Russia,” Sergey told CNN. But I hope, that there will be a good agreement between Russia and Ukraine.
Persons: Donald Trump, Evgeny Popov, Mike Waltz, Donald Trump’s, Waltz, Vladimir Putin, Popov, Trump, Olga Skabeeva, Tulsi Gabbard, Gabbard, ” Skabeeva, Elon Musk, Vivek Ramaswamy, Elon, ” Elena, “ Trump, , ” Sergey, Vladimir Kostyukevich, Joe Biden, Elena, , ” Tatiyana, , Kostyukevich Organizations: CNN, TV, Duma, Ukraine, NPR, Republican, Kyiv, of, Twitter, America Locations: Moscow, Ukraine, Russia, Russian, Israel, Palestine
Inside Microsoft's struggles with Copilot
  + stars: | 2024-11-15 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +23 min
In September 2023, Microsoft's famously soft-spoken CEO, Satya Nadella, unveiled the company's flagship AI product, Copilot, with sweeping fanfare. Some of Microsoft's own employees and executives are privately concerned that Copilot won't be able to deliver on its ambitions. Copilot's struggles have created an opening for Microsoft's rivals, some of whom have seized on the opportunity to promote their own agendas. "Now, when Joe Blow logs into an account and kicks off Copilot, they can see everything," said one Microsoft employee familiar with customer complaints. As complaints and questions over Copilot mount, so does the pressure to justify Microsoft's unprecedented level of spending on AI.
Persons: Microsoft's, Satya Nadella, Gartner, Copilot, it'll, Copilot's, Marc Benioff, Benioff, Goldman Sachs, Marc Andreessen, Andreessen Horowitz, Ethan Miller, Jared Spataro, Spataro, , Joe Blow, Joe, Nadella, Gary Marcus, Marcus, Wile, Coyote, Brontë, Judson Althoff, Jason Zander, Zander, We've, OpenAI, Tasos Katopodis, Steve Jobs Organizations: Microsoft, Venture, Getty, Goldman, BI, Fortune, Excel, Lumen Technologies, Honeywell, Gartner, Wall Street, Initiative, Department of Homeland Security, Employees, San Francisco, Software, Apple, Jobs Locations: Microsoft's, Copilot, New York City
Alibaba said net income rose 58% year-on-year to 43.9 billion Chinese yuan ($6.07 billion) in the company's quarter ending Sept. 30, on the back of the performance of its equity investments. This compared with a LSEG outlook of 25.83 billion yuan. Revenue, meanwhile, came in at 236.5 billion yuan, 5% higher year-on-year but below an analyst forecast of 238.9 billion yuan, according to LSEG data. Investors are closely watching the performance of Alibaba's main business units, Taobao and Tmall Group, which reported a 1% annual uptick in revenue to 98.99 billion yuan in the September quarter. The e-commerce giant's overseas online shopping businesses, such as Lazada and Aliexpress, meanwhile posted a 29% year-on-year hike in sales to 31.67 billion yuan.
Persons: Alibaba, Organizations: Tmall, ING Locations: York, London, Beijing
San Francisco tech bros lacked consideration and were more homogenous to one another. New York City tech bros are more diverse and considerate, yet dating remains complex. I've dated tech bros in San Francisco and New York City and have found that each city attracts completely different types of men. I wasn't looking to date tech bros, it just so happened every man I went on a date with in San Francisco was. Tech bubbles exist in San Francisco and New YorkMost San Francisco tech bros I met would be dressed in their Patagonia vests and work uniforms like a copy and paste of one another.
Persons: Chloe Diaz, , It's, Bumble, would've, I'd, Mason Margiela, They're, I've, haven't, Tess Martinelli Organizations: bros, San, Service, Arizona State University Law School, San Francisco and New, Big Tech, Spotify Locations: San Francisco, NYC, New York City, San Francisco and, San Francisco and New York City, San Francisco and New York, Patagonia, New York, York, tmartinelli
The department on Thursday announced its findings from a civil rights investigation that had opened in July 2023 into conditions of Fulton County Jail in Georgia. Fulton County and the Fulton County Sheriff’s Office did not immediately respond to NBC News' request for comment Thursday. Fulton County Jail: Home to stabbings, assaults, pests and a lack of careThe lengthy report presented a staggering portrait of violence and death at the Fulton County Jail. The report found that Fulton County Jail failed to protect detainees from the risk of harm from violence and sexual violence. Further, Fulton County Jail deputies and detention officers use force against incarcerated people without adequate justification, including deploying Tasers without reasonable cause, the document said.
Persons: Lashawn Thompson, It’s, Lashawn Thompson Thompson, WXIA, Thompson, Thompson’s, Thursday's, General Merrick Garland, , Kristen Clarke Organizations: Sheriff’s, NBC, Georgia Tech, Office, Justice Department’s Civil Rights, Justice, U.S, Justice Department Locations: Georgia’s Fulton County, Fulton County Jail, Georgia, Fulton, Fulton County, Atlanta
SKIP AHEAD How we picked the best travel tech essentials | The best travel tech gadgets on Amazon | Why trust NBC Select? As you consider travel gadgets, it’s important to evaluate their size and weight, especially if you have limited space in your carry-on or suitcase. Convenience : Whether you’re taking a car, plane, train or bus, the best travel tech gadgets provide convenience when you’re on the road, ensuring you’re comfortable and prepared for common travel issues. : Whether you’re taking a car, plane, train or bus, the best travel tech gadgets provide convenience when you’re on the road, ensuring you’re comfortable and prepared for common travel issues. The best travel tech gadgets on AmazonUsing the guidance of travel experts, I sorted through hundreds of popular travel tech gadgets on Amazon.
Persons: Tom Marchant, Marchant, , you’re, it’s, You’ll, Anker PowerCore, there’s, trimmer, TikTok Organizations: NBC, Fyy, Tile Network, Apple, AAA, Apple Watch, Bluetooth, AA, Facebook, Twitter
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