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☆ Gen Z loneliness is so bad that some young adults are spending thousands trying to make friends through gym memberships and social clubs
▼ + stars: | 2023-09-25 | by ( Noah Sheidlower | Madison Hoff | ) www.businessinsider.com time to read: +10 min

In search of connection, young people are spending on gym memberships, social clubs, and art classes. Most said they spend more on social activities than pre-pandemic. All but three said they're spending more money now than they were before the pandemic on social activities such as art classes and gym memberships to make friends. The software engineer said he's increased his investment in social activities after struggling to make friends at work. Other Gen Zers told Insider they made connections through free gallery events, volunteering, and joining book clubs.

Persons: Zers, Lynette Ban, she's, Ban, Vivek Murthy, Richard Weissbourd, Weissbourd, Murthy, Rachael, Matt Schulz, William Cabell, Cabell, he's, Cabell isn't, Kazerouni, Kelly Lohr, —, Barley Vogel, there's, Rebecca Schweiger, Schweiger, Noureen Shallwani, Shallwani, Gen Zers, Zers don't, Lillian Lema, Bumble BFF, Lillian Lema Lema, BFF, She's, Margaux Duvall, Duvall, Alexandra York Organizations: Service, Soho House, Harvard Graduate School of Education, IRL, SEC, Studio Arts Dallas, Studio, The, Facebook Locations: Wall, Silicon, New York, Austin, Italy, Richmond , Virginia, Soho, Soho House's New York, Philadelphia, Maine, Portland , Maine, Ohio, Denver, nsheidlower@insider.com

☆ Bumble now considers ghosting a date 'bullying and abusive conduct'
▼ + stars: | 2023-09-02 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

Bumble's new guidelines now include standing up a date as a form of "bullying and abusive conduct." Bumble told Insider it could take action against someone who ghosts a mutually agreed-upon date. The online dating company recently updated its community guidelines to explicitly include ghosting someone on a date as an action that falls under "bullying and abusive conduct." We aim to create an experience which is free from behavior that makes any individual or group feel harassed, bullied, or targeted," the company's policy page reads. These rules also apply to Bumble BFF, the company's platonic platform for meeting friends.

Persons: Bumble, —, Bumble BFF, you've, Whitney Wolfe Herd

☆ Bumble declines as higher expenses fan concerns about Tinder competition
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +2 min

Rival Match (MTCH.O), owner of Tinder, also forecast revenue for the third quarter above Wall Street estimates last week, expecting stronger marketing to drive user growth. Bumble App revenue grew 23.4% to $208 million in second the quarter, compared with $168.5 million a year earlier. Total revenue jumped 18.5% to $259.7 million, compared to $219.2 million, a year earlier. But Bumble forecast third-quarter revenue between $274 million and $280 million, a marginally higher midpoint compared with Wall Street expectations of $275.6 million, according to Refinitiv IBES data. Net earnings stood at $9.3 million, compared with a net loss of $5 million.

Persons: Mike Blake, Tinder, Nicholas Cauley, Bumble, we've, Whitney Wolfe, Manya Saini, Shinjini Organizations: Inc, Apple, Nasdaq, REUTERS, Tinder, Thomson Locations: Bengaluru

☆ Here's exactly how much I made as a JP Morgan trader and Buzzfeed account executive. I have no regrets leaving behind my $656K job to become my own boss.
▼ + stars: | 2023-07-19 | by ( Aria Yang | ) www.businessinsider.com time to read: +8 min

Tu says leaving Wall Street was one of the best decisions she's ever made. I wanted to go on to Wall Street because that's what everybody else was doing. I chose Wall Street because a lot of my friends were interviewing for Wall Street jobs, and I didn't want to be left behind. I had never really thought about investing or growing my wealth until I hit the desk on Wall Street. Buzzfeed:Digital Media Strategy Salesperson, $80K base salary + commissionsAccount Executive, Client Partnerships, $100K base salary + $127K commissionsSenior Account Executive, Client Partnerships (2020), $110K base salary + $252K commissionsSenior Account Executive, Client Partnerships (2021), $120K base salary + $536K commissionsI worked on the digital marketing strategy sales team at BuzzFeed, focusing on establishing partnerships with brands.

Persons: Vivian Tu, Morgan, she's, —, JP, JP Morgan, Rich BFF, it's, I've, Rich, Aria Yang Organizations: University of Chicago, Wall, Chicago, Fifth Third Bank, JP Morgan, Media, BuzzFeed, YouTube Locations: BuzzFeed

☆ How the scammer selling NYC socialites fake Birkins got caught
▼ + stars: | 2023-07-17 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +3 min

George Mickum, Gillian Hearst's former BFF, sold the heiress and his other rich friends fake Birkins. But the first red flag should have been a forged Hermès receipt that featured the wrong font. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later. It was floppy, like a bouncy castle that had lost half its air, instead of having the architectural stiffness of a real Hermès bag. The HAC was one of at least six fake Hermès bags Mickum had sold to friends, including Hearst.

Persons: George Mickum, Gillian Hearst's, Courroies Birkin, Mickum, Alexis Clarbour, Clarbour, —, Mickum's, Goodman, who'd, Hearst Organizations: Service, New, Rue du Faubourg Saint, Madison, Couture, Nike, Hearst Locations: Wall, Silicon, New York, Paris, Rue, Clarbour

☆ Forget TikTok claims: ‘Nature’s Ozempic’ is no such thing, experts say
▼ + stars: | 2023-07-04 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +6 min

CNN —If TikTok and Reddit influencers are to be believed, the plant-based compound called berberine can be a replacement for such popular diabetes and weight loss drugs as Ozempic and Wegovy. Is berberine’s weight loss effect meaningful? Berberine may enhance the body’s natural production of GLP-1, or glucagon-like peptide 1, a gastrointestinal hormone that’s used in Ozempic and other new weight loss drugs. However, in terms of its weight loss benefits, they are modest at best,” he said. “Metformin lowers blood sugar, and berberine lowers blood sugar,” Levitt said.

Persons: Berberine, “, ”, Caroline Apovian, Justin Ryder, Ryder, Joshua Levitt, Ashurbanipal, ” Levitt, Gaston Ernesto Gonzalez Avila, Levitt Organizations: CNN, US Food and Drug Administration, Harvard Medical School, Center, Weight Management, Wellness, Brigham, Women’s Hospital, Northwestern University’s Feinberg School of Medicine, BMI, National Library of Medicine, FDA, American Chemical Society Locations: Boston, Chicago, Ayurveda, Hamden , Connecticut

☆ Snapchat+ gains 4 million paying subscribers in its first year
▼ + stars: | 2023-06-29 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +1 min

New York CNN —Snap said Thursday that it has garnered more than 4 million paying customers for its subscription service Snapchat+. The tally of paying subscribers disclosed by Snap on Thursday still represents a small fraction of the 750 million monthly active users that the platform boasted about hitting at its Investor Day event earlier this year. Snapchat+ offers access to “exclusive, experimental and pre-release features,” according to a blog post from Snap Thursday. As of Thursday, subscribers have access to more than 20 features, “including custom app themes, unique app icons, and the ability to pin your #1 BFF,” the company added. The service, dubbed Twitter Blue, had an estimated 550,000 paying subscribers as of late April.

Persons: Elon Musk Organizations: New, New York CNN, Elon, Twitter, Meta, Facebook Locations: New York

☆ How to tell your company has layoffs planned. Some signs ‘will send shivers down your spine,’ career expert says
▼ + stars: | 2023-06-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Amazon, Dropbox and Lyft had the biggest layoffs in the tech industry for April. Google and Meta Platforms are responsible for the most tech layoffs since the pandemic, according to Layoffs.fyi. Look at WARN notices in your stateSo-called WARN notices can help workers figure out if layoffs are coming, Vivian Tu, a former trader turned influencer who goes by "Your Rich BFF," said in a March Instagram video. However, sometimes companies can avoid releasing these notices by spreading out the layoffs, said Susan Houseman, director of research for the W.E. "So maybe you're going to lay off 75, say you lay off 40 one month and 26 the next to avoid WARN notice," she said.

Persons: Daniel Grill, —, José Fernández, Lyft, Vivian Tu, influencer, BFF, Susan Houseman, Houseman Organizations: Challenger, Retailers, University of Louisville, Google, Worker, . Upjohn Institute, Employment Research

From influencer marketing trends to new creator startups, the creator economy is evolving rapidly. Some voices have become authorities in the space, delving into the industry through podcasts, newsletters, and more. Insider is highlighting 23 creator-economy experts to know to stay up-to-date on the industry. Won launched his podcast in 2020 to elevate the Asian creator community and regularly interviews Asian and Asian American creators, entrepreneurs, and creatives. Here are 23 creator-economy experts who share their insights on podcasts, newsletters, and LinkedIn, listed in alphabetical order:

Persons: Jerry Won, Kamala Harris, Won, Avi Gandhi, Instagram influencer Vivian Tu, BFF Organizations: LinkedIn Locations: United States

☆ Stream These 9 Shows and Movies Before They Leave Netflix in June
▼ + stars: | 2023-05-31 | by ( Jason Bailey | ) www.nytimes.com time to read: +3 min

(Chappelle notoriously walked off the show during production of its third season, with only enough material for three episodes in the can.) ‘How to Lose a Guy in 10 Days’ (June 30)There may have been better early-2000s romantic comedies, but this 2003 hit from Donald Petrie may be the most early-2000s romantic comedy. Scott’s frequent leading man Denzel Washington brings tormented complexity to the grizzled hero, whose shift at M.T.A. dispatch is disrupted by a madman (John Travolta) whose crew takes over a subway car and holds its passengers hostage. And James Gandolfini is wonderful (and miles from Tony Soprano) as the city’s mayor.

Persons: ‘, Dave Chappelle’s, Chappelle, Rick James, Lil ’ Jon, —, Donald Petrie, Kate Hudson, Matthew McConaughey, Kathryn Hahn, McConaughey, Petrie, ‘ Jerry Maguire ’, Cameron Crowe, Tom Cruise, Renée Zellweger, Crowe, ’, Antonio Banderas, ”, Salma Hayek, Guillermo del Toro, Zach Galifianakis, Amy Sedaris, Billy Bob Thornton, Tony Scott’s, Denzel Washington, John Travolta, James Gandolfini, Tony Soprano Organizations: Dave Chappelle’s Comedy, verve, Hudson, Fun Locations: Pelham, York City

☆ A TikToker who calls herself 'your rich BFF' is teaching 'broke adults' how to claim cash from Ikea
▼ + stars: | 2023-04-14 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

TikToker "Yourrichbff" wants to help "broke adults" get cash from IKEA. In a TikTok, she spoke about how Ikea settled a 2019 class action lawsuit for $24 million. US shoppers who bought items from IKEA between 2017 to 2019 might be able to claim up to $60. At press time, her TikTok on Ikea claims had been viewed more than 674,000 times. Vivian and representatives for IKEA did not immediately respond to Insider's requests for comment sent outside regular business hours.

☆ Try this 30-day money challenge to get smarter and be more successful with your money
▼ + stars: | 2023-04-01 | by ( Emmie Martin | ) www.cnbc.com time to read: +14 min

Day 2: Find an accountability buddyYour financial goals don't mean much if you don't stick to them. This ratio represents how much of your available credit you're using at any given time. Take a look at your credit card statements for the past 12 months. There are a number of ways to check your score for $0, starting with your credit card issuer or bank, many of which offer free services to their clients. Day 16: Update your income with your credit card companyIf you've received a raise or promotion since opening your credit card, consider reporting your increased income to your lender.

☆ Are you 'The Achiever' or 'The Enthusiast'? Why so many people—including your boss—are obsessed with the Enneagram test
▼ + stars: | 2023-03-21 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +8 min

Even if you haven't taken the Enneagram test yourself, you may have been roped into a conversation about it. The Enneagram is 'focused on internal emotions rather than external behaviors'Unlike other personality tests, the Enneagram has an unlikely foothold in disparate communities. Howe, who lives in Pasadena, California, grew up taking the Myers-Briggs Test and other personality tests, but said the Enneagram is different. She first heard of the Enneagram test from a friend but didn't take it seriously until she read "The Road Back to You." Like astronomy or other typologies, every Enneagram test result is positive.

☆ Private equity is finally stepping up its tech game. Here's who is leading the charge.
▼ + stars: | 2023-02-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

What's the first thing that pops into your head when you hear the term "private equity?" PE firms do plenty of things quite well (and they are certainly compensated for their work), but their internal tech has never been a top priority. What I find most fascinating about the so-called "digitization" of PE isn't so much the actual tech but the culture. Click here to learn more about the 12 executives helping PE firms get up to speed on cutting-edge tech they can use to source and close deals. Silicon Valley Bank, which is the go-to bank for tech startups, is under pressure amid the market downturn, the Financial Times reported.

☆ 'Your Rich BFF' shares 3 ways to be smarter and more successful with money in 2023
▼ + stars: | 2023-01-24 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Follow the 50/30/20 methodThe 50/30/20 method is one of Tu's favorite ways to manage her money because it can make budgeting really easy. Lastly, put the final 20% of your money toward savings, investments and paying down additional debt. Higher interest rates will cost you more in the long run, so it's smart to pay those debts off first. Next, you can turn your attention toward paying down debts with lower interest rates. Since low-interest debt tends to be less costly, you can also start putting money toward investments like your 401(k).

☆ How Gen Zers are turning to dating apps like Bumble for platonic friendships
▼ + stars: | 2023-01-24 | by ( Liam Mays | ) www.cnbc.com time to read: +1 min

Over the years, online dating has become almost completely normalized. A recent study showed that 39% of straight couples met online in the U.S. and more than half of LGBTQ couples have used dating apps, according to the Pew Research Center. Apps like Bumble BFF and Meetup have become popular ways to build platonic relationships. Berger said that by the end of 2021, 15% of Bumble users had also used BFF, which is short for best friends forever. Schenk said that Morgan Stanley's 2023 revenue estimate for Bumble is just over $1 billion — with only about $1 million coming from Bumble BFF and friend-finding service Bizz.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow friendship-making apps are becoming mainstreamOnline dating has become almost completely normalized, but it used to carry certain stigmas. Now, many Gen Zers are making friends online through apps like Bumble BFF and Meetup, while facing familiar criticisms. It's still not clear whether such friend-finding apps can grow to become a lucrative addition for internet dating companies.

To unpin a conversation in your list of Snapchat chats, tap and hold the conversation and choose Chat Settings, then tap Unpin Conversation. Snapchat lets you pin friends in the chat list, which makes it easy to find a conversation and pick up where you left off. Tap Chat Settings. Tap Unpin Conversation. Find the Unpin Conversation command on the Chat Settings page.

☆ Bumble shares tumble after weak fourth-quarter revenue forecast on forex hit
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

Bumble also faces competition from larger rival Match Group Inc (MTCH.O), which topped revenue estimates last week on the back of a jump in paying users for its flagship app Tinder. Bumble now expects current-quarter revenue between $232 million and $237 million, compared to Wall Street's estimates of $254.5 million, according to Refinitiv data. Earlier in March, Bumble said it is discontinuing operations in Russia, including the removal of all of its apps from Apple App Store and Google Play Store in Russia and Belarus. Bumble, which made its market debut in February 2021, said its total paying users increased to 3.3 million during the quarter. Reporting by Vansh Agarwal and Shreyaa Narayanan in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

☆ Best new family movies on Netflix? 'Enola Holmes 2' is excellent
▼ + stars: | 2022-11-04 | by ( Ani Bundel | Ani Bundel Is A Cultural Critic Who Has Been Writing Regularly Since Her Work Can Also Be Found At Elite Daily | Weta'S Telly Visions | ) www.nbcnews.com time to read: +6 min

The sequel to Netflix’s hit feature film “Enola Holmes” may not have the cleverest title, but “Enola Holmes 2” is just as quick-witted and charming as the original. A quirky take on Sir Arthur Conan Doyle’s classic mysteries, Enola is more than ready for another adorable, all-ages romp. Springer’s books, and the films, invent a female character that Doyle never conceived of, and put her front and center. “Sherlock Holmes” is one of the most adapted mysteries series in history. Hopefully the success of the “Enola Holmes” franchise encourages them to make more.

☆ It's a tale of 2 cities: An ex-Wall Street trader-turned personal finance influencer explains how this economic downturn can be turned into an opportunity to build wealth.
▼ + stars: | 2022-10-28 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

I bonds or real estate trusts are investments that can diversify your portfolio, said Vivian Tu. It takes place against the backdrop of the French Revolution between the two cities of Paris and London. On the other hand, many often view an economic downturn as an opportunity to build wealth. Another option is real estate trusts. "Right now, we are in a time where investors have so much freedom because they don't have to buy full shares," Tu said.

☆ 5 types of bosses can make work a nightmare—here's how to deal with them
▼ + stars: | 2022-10-25 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

He says there are seven types of bosses out there — and while five of them can make your life a nightmare at work, you can still find ways to manage your relationships with them. Here are those five types of bad bosses, from most to least common — and how to deal with them, according to Gimbel. Ghost bossA ghost boss takes an extreme "hands-off" approach, failing to keep track of their team's work and not being available when their team needs help, Gimbel says. His recommendation: Regularly update your boss about your work and ask questions whenever you need help. Narcissist bossNarcissist bosses make decisions according to their own wants and needs, and fail to consider the people around them at work, Gimbel says.

☆ There are 7 types of bosses, says workplace culture expert—only 1 is worth working for, or trying to become
▼ + stars: | 2022-10-20 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +5 min

Others only seem good at first, and you can use this guide to differentiate between the two, says workplace culture expert Tom Gimbel. "There's an expression: 'People join companies, but they quit bosses," Gimbel tells CNBC Make It. Gimbel says there are seven types of bosses, with one clearly better than the rest. Socializing at work certainly isn't bad, but Gimbel says those bosses prioritize making friends over properly leading and keeping a team accountable. Those bosses don't realize that it's largely their fault when a finished assignment is far from what they want.

☆ The many faces of Scooter Braun
▼ + stars: | 2022-03-01 | by ( Anna Silman | ) www.businessinsider.com time to read: +44 min

The former Yeezy associate said that West had offered Braun large percentages of Yeezy several times, which Braun always declined.) Singer told Insider that Braun "did not even see the final cut until the day before it came out." In 2012, Braun told The New Yorker that Geffen's advice to him was "Get out of the music business." Singer told Insider that Braun had only seen Jayne "once in his life, at a political event they both attended. And I couldn't fix it and I'm a fixer, and because I couldn't fix things I started to spiral," Braun told Shetty.

Persons: Scooter Braun, Kanye, West, Braun, Yeezy, Justin Bieber, Ariana Grande, Marty Singer, Ben Rose, Taylor Swift, he's, I've, Braun you've, It's, Long, J Balvin, Psy, née Scott —, Ludacris, Eminem, Britney Spears, Matt Graham, Jason Salvador, He's, Bieber, Micah Smith, riffed, Harvey Levin, Perez Hilton, Lil Twist, Bieber's, Justin, Singer, Salvador, Selena Gomez, Gomez, Kevin Mazur, Swift, Selena, Scooter, Taylor, " Braun, kid's, Madison Beer, Etta James, Beer, Beer texted Braun, Todrick, Hall, Braun wasn't, Joseph Gordon, Levitt, hadn't, Pete Davidson, Grande, Davidson, Kris Jenner, —, didn't, J, Demi Lovato, Lovato, Critics, Rich Fury, Yael Cohen, Braun's, Marcus Aurelius, Maya Angelou, David Geffen, Jeff Bezos, playbook, Odysseus, Hillary Clinton, Kamala Harris, Matthew McNulty, Stephanie Simon, Jennifer Merlino, Simon, Brandon Creed, Bruno Mars, Troy Carter, Lady Gaga, Carter, Creed, George Floyd, Noam Galai, Moe Shalizi, missives, Scooter Braun playbook, Swift's, Taylor Swift's, Shamrock, Hybe, Justin Shin, Peter Comisar, Comisar, Laroi, Erika Jayne, Jayne, Yael Cohen Braun, Michael Kovac, Jay Shetty, Scooter Braun's, Shetty, Hoffman, I'd, I'm, Natalie Jarvey Organizations: Kanye, Ithaca Holdings, trailblazer, Spotify, South, YouTube, Emory University, segueing, eBay, DreamWorks, SB, TED, Hollywood's Fonda Theatre, Los Angeles Times, New Yorker, TMZ, Wall Street, Billboard, US Immigration, Customs, NME, Twitter, Todrick Hall, MTV, Amazon's, Ithaca Holdings —, Ventures, Atlas, CBS, Manchester, Grande, Nickelodeon, Untitled Entertainment, Untitled, British GQ, Hollywood, New York, Financial Times, behemoth, PricewaterhouseCoopers, Carlyle Group, litigating, Housewives, Beverly Hills, Gentleman's Locations: China, Yeezy, West, South Korean, Atlanta, hoodies, Hollywood's, Greenwich , Connecticut, Colombia, Yorker, Ithaca, California, Grande, Braun, British, Hybe, Korea, Korean

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