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☆ I'm the CEO of a remote-first company. I'll never ask my employees to return to the office.
▼ + stars: | 2024-10-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Landau used to be pro-office but says remote working has helped his employees' work-life balance. AdvertisementThe world is my oyster for recruitmentAs the company grew, I became increasingly enamored with remote work. Most Park My Fleet employees are US-based, but we have tech teams in Costa Rica and Israel. I don't think there's anything wrong with in-person office work; it makes sense in certain environments. As an employee who joined a company as a remote worker, it would feel like a bait-and-switch move if the CEO then decided to change the remote work policy.

Persons: Mike Landau, Landau, —, I've, we've, RTO, that's Organizations: BI, Service, Business Locations: Costa Rica, Israel, Europe

☆ Jensen Huang hails Elon Musk and xAI for building an AI supercomputer at 'superhuman' speed
▼ + stars: | 2024-10-14 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Nvidia's Jensen Huang praised Elon Musk for building a supercomputer cluster in "19 days." AdvertisementNvidia chief Jensen Huang has praised Elon Musk after his startup xAI built a supercomputer in 19 days, an effort that he said would take others years. xAI built its supercomputer, called Colossus, from a cluster of 100,000 Nvidia H100 GPUs. In an interview with Jordan Peterson on X in June, Musk said it took 19 days to get Colossus from hardware installation to beginning training. Nvidia and Elon Musk didn't immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Nvidia's Jensen Huang, Elon Musk, Huang, —, Jensen Huang, Elon, Musk, Jordan Peterson, X, xAI, Larry Ellison, Elon Musk didn't Organizations: Nvidia, Service, Oracle, Elon, Business Locations: Memphis, Grok, Nobu, Palo Alto

☆ From ALICEs to HENRYs, here's what people on wildly different incomes discuss in therapy
▼ + stars: | 2024-10-14 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +7 min

Four therapists shared what their clients on different incomes discuss in sessions. Money can be a source of stress for both those on lower incomes as well as the ultra-rich. HENRYsSome HENRYs (High Earners, Not Rich Yet) might seem wealthy to others, but still worry about having enough money, Williams said, because "it's all relative." Two HENRYs in a couple, meanwhile, might want to discuss tension in their relationship if they have different ways of thinking about shared wealth, she said. And, as people live longer, she said that some worry about not having enough money to sustain their lifestyles as they get older.

Persons: —, Anna Nathanson, Nathanson, Getty, Ashley Castro, It's, ALICEs, Tracy Williams, Williams, HIFIs HIFIs, HIFIs, Rich, Ricardo Mendoza Garbayo, Castro, Paul L, Johannes Mann, Hokemeyer Organizations: Service Locations: ALICEs, HENRYs, —, New York, Atlanta, Colorado

Harvey Weinstein’s attorneys have submitted a filing opposing a move by prosecutors to combine two sexual crimes cases against the disgraced film mogul. Manhattan prosecutors have sought to consolidate new charges with ones previously brought against Weinstein so that they could be tried in court together. But in a court document, a response to the prosecutors' motion to consolidate cases filed Oct. 2, the Oscar-winning producer’s lawyers accused the district attorney’s office of acting improperly and unfairly. Bragg’s office signaled that it would seek to link the two cases together ahead of Weinstein’s retrial. Samson says prosecutors say they won’t be ready in time and want to move the trial to January.

Persons: Harvey, Weinstein, Oscar, ”, unabashedly —, Jessica Mann, Mimi Haley, Attorney Alvin Bragg, Diana Fabi Samson, Samson, “, ” Samson Organizations: Manhattan, Manhattan District, Attorney Locations: Manhattan, New York, New, New York City, Rikers

☆ Hurricanes are becoming more frequent, violent, and costly — plus they're hitting jobs and economic growth
▼ + stars: | 2024-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Hurricane Milton is battering Florida days after Hurricane Helene wreaked havoc on several states. The two events are the latest sign that hurricanes are becoming more frequent, more ferocious, and more costly. They're also hitting employment and economic growth, at least in the short term. They estimated that a Category 5 storm could lower fourth-quarter annualized GDP growth by 0.14 percentage points, from a forecasted 2.3% to below 2.2%. "Rebuilding should provide a boost to economic activity in those affected regions in subsequent months, and potentially years," Sweet told BI, quoting from his recent note.

Persons: Milton, Hurricane Helene, Helene, They're, Adam Smith, Jefferies, Harvey, Ian, Smith, Michael Mann, Ryan Sweet, Sweet, Mann, Implan Organizations: Service, Hurricanes, National Oceanic, Atmospheric Administration, NOAA, University of Pennsylvania, Oxford Economics, Boeing, Milton, Potsdam Institute, Climate Impact Research Locations: Florida, North Carolina, Milton

☆ Geoffrey Hinton, the 'godfather of AI' who warned of its existential risk, awarded Nobel Prize for Physics
▼ + stars: | 2024-10-08 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Geoffrey Hinton and John J. Hopfield have been awarded the 2024 Nobel Prize in Physics. The pair won for their inventions that enable machine learning with artificial neural networks. AdvertisementGeoffrey Hinton, often dubbed the "Godfather of AI," and John J. Hopfield have been awarded the 2024 Nobel Prize in Physics. The Royal Swedish Academy of Sciences announced Tuesday that it had recognized Hinton and Hopfield "for foundational discoveries and inventions that enable machine learning with artificial neural networks." The computer scientist has been widely regarded as a pioneer of machine learning.

Persons: Geoffrey Hinton, John J, Hopfield, —, Hinton, Foundation didn't Organizations: Service, Royal Swedish Academy of Sciences, Big Tech, British, Google, University of Toronto, Foundation, Business Locations: Hinton, Canadian

☆ Here's where OpenAI's 11 cofounders are now
▼ + stars: | 2024-10-03 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Most of OpenAI's cofounders have left the startup, with some going to rivals. Here's where all 11 of its cofounders are now and how many remain at the $157 billion company. Here's where all of the 11 cofounders are now. According to her LinkedIn profile, she used to work at Facebook as an AI research engineer before joining Stripe as a software engineer in 2016. OpenAI and none of its 11 cofounders immediately responded to Business Insider's requests for comment, made outside normal working hours.

Persons: it's, Sam Altman, —, OpenAI, Mira Murati, Barret Zoph, Bob McGrew, Ilya Sutskever, John Schulman, Anthropic, Jason Redmond, Altman, John Schulman Schulman, OpenAI's, Jan Leike, Schulman, Wojciech Zaremba Zaremba, Zaremba, Ekon, Musk, Ilya Sutskever Ilya Sutskever, JACK GUEZ, Getty Sutskever, Sustkever, Sustskever, Greg Brockman Brockman, he's, Kingma, Andrej Karpathy Andrej Karpathy, Karpathy, Vicki Cheung Cheung, Elon, Elon Musk, ALAIN JOCARD, Brockman, cofounding OpenAI, Pamela Vagata Vagata, Trevor Blackwell Blackwell, cofounders Organizations: Here's, Service, Getty, OpenAI's Superalignment, OpenAI, Inc, Google DeepMind, Anthropic, Tesla, San Francisco Chronicle, Hearst Newspapers, Getty Images Research, Eureka Labs, SpaceX, The Boring Company, Facebook Locations: AFP, OpenAI, cofounding, Pebblebed

☆ I was an early Amazon executive. Andy Jassy is right to get employees in the office five days a week.
▼ + stars: | 2024-10-02 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

Andy Jassy is thinking long-termThe recent return-to-office mandate requiring employees to work from the office five days a week is tricky. I think Jassy is thinking long-term, which is one of the core features of Amazon's leadership principles: long-term thinking. The third leadership principle I think Jassy is enforcing is frugality. The principle says that leaders work daily to create a safer, more productive, higher-performing, and diverse work environment. I think Jassy looks at this and says, "That is what I am doing."

Persons: John Rossman, Rossman, —, it's, Andy Jassy, they'd, Andy Jassy's, Jeff Bezos, Jassy Organizations: Amazon, Service Locations: America

CNN —Election officials in Georgia, North Carolina and Florida are working quickly to ensure voters can still securely cast early ballots, despite the devastating storm impacts of Hurricane Helene that have in some cases left them without power, water and cell service. He also plans to request extending early voting until Election Day, since typically in Florida early voting goes until the Sunday before. In North Carolina, Bell is considering working with state emergency management and the North Carolina National Guard to set up temporary polling places if needed. “All of those ballots have tracking… North Carolina uses it to the fullest,” Mann said. Bell added that the state’s tracking system, BallotTrax, can help North Carolina voters determine where their ballot may be and whether it was lost in transit.

Persons: Hurricane Helene, Travis Doss, Jr, Doss, ”, Karen Brinson Bell, “, ” Travis Hart, Bell, We’ve, ” Bell, Hart, Florida’s, Ian, Hurricane Michael, Hurricane Dorian, “ We’ll, Brad Raffensperger, Raffensperger, Chris Mann, ” Mann, Mann, Paul Cox Organizations: CNN, Richmond County, North Carolina State Board, US Postal Service, “, Hurricane, North Carolina National Guard, National Guard, Georgia’s, Election Innovation, Research Locations: Georgia , North Carolina, Florida, Hurricane, Augusta, Richmond, Georgia, North Carolina, Hyde County, “, North, Carolina

☆ Read the memo Dell sent ordering its sales staff back to the office 5 days a week
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | Polly Thompson | ) www.businessinsider.com time to read: +7 min

Dell is mandating all global sales workers return to the office five days a week from Monday. AdvertisementDell has issued a return-to-office mandate calling for all of its sales workers to work from the office five days a week. The tech giant sent a memo to its entire global sales team on Thursday, requiring them to be in the office all week from Monday. Field sellers who can't go into a Dell office should prioritize time spent in person with customers and partners. Bill ScannellPresident, Global Sales & Customer OperationsJohn ByrnePresident, Sales, Global Regions, Dell Tech SelectImplementation will be subject to local laws, regulations and practices, including works council and employee representative consultation where applicable.

Persons: —, Dell, Bill Scannell, John Byrne, Byrne, Vivek Mohindra, Mohindra, Andy Jassy, we're, Let's, John, Polly Thompson Organizations: Dell, Service, Dell Tech, Business, Global, Dell Technologies, Global Regions

☆ Elon Musk's Texas school opening is delayed after Ad Astra postponed an inspection for a second time
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Elon Musk's Ad Astra school in Texas faces delays in opening. Ad Astra, located on a 40-acre former horse ranch, was expected to open this summer. AdvertisementElon Musk's Ad Astra school opening in Texas is getting delayed. It's not to be confused with the other Ad Astra School that Musk cofounded in 2014 alongside John Dahn. The previous Ad Astra school is now located at SpaceX's Starbase in Boca Chica, Texas, and had 16 children enrolled in its 2021-2022 academic year.

Persons: Elon, —, HHSC, It's, Musk, John Dahn, Elon Musk Organizations: Elon Musk's Ad Astra, Texas Health, Human Services, Montessori, Ad Astra, Service, HHSC, Business, Astra, Ad Astra School, SpaceX, Bloomberg, Astra didn't Locations: Texas, Bastrop , Texas, Boca Chica , Texas

☆ An OpenAI shake-up wouldn't just make Sam Altman richer — he'd have more control, too
▼ + stars: | 2024-09-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Since 2019, the company has had what Sam Altman called an "unusual" hybrid structure. AdvertisementAfter operating under what Sam Altman called an "unusual" structure for more than four years, OpenAI is reportedly preparing to become a for-profit business. OpenAI could be structured as a public-benefit corporation, Bloomberg reported, an entity that balances profit with mission. An OpenAI spokesperson told the outlet the nonprofit entity "will continue to exist" and was core to its mission. OpenAI was established as a nonprofit in 2015, but in 2019, it created a "capped profit" subsidiary, OpenAI LP.

Persons: OpenAI, Sam Altman, Altman, —, Mira Murati, Anthropic, it's, Anat Alon, Beck, Alon, Eric Chaffee, Chaffee, OpenAI didn't Organizations: Service, Reuters, Bloomberg, CNBC, Elon, Microsoft, Case Western Reserve University's School of Law, Case Western Reserve University Locations: OpenAI, Delaware

☆ Elon Musk seemed to diss Sam Altman over OpenAI's high-profile exits, comparing him to a notoriously cunning 'Game of Thrones' character
▼ + stars: | 2024-09-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: 1 min

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☆ An ex-Twitter employee won a legal battle over unpaid severance. Experts say it could spark more claims.
▼ + stars: | 2024-09-25 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former Twitter employee's victory in a legal dispute over unpaid severance could prompt more ex-staff to pursue cases against the social media company, legal experts have said. AdvertisementThe ex-Twitter worker's win is the first of what experts say could lead to many more similar resolutions. X and Musk are also facing a lawsuit over severance terms from 100 former Twitter workers who were fired in 2022. Related storiesBloom said they are still aggressively pursuing their cases and have scheduled individual arbitration hearings for each of the clients.

Persons: —, Elon, Elon Musk, Shannon Liss, Riordan, Jamie E, Wright, Russel Morgan, Morgan, Lisa Bloom, Musk, Bloom, Gary Rooney, Rooney, Liss Organizations: Service, Twitter, Bloomberg, Business, Elon, The Wright Law, Morgan Legal, Northern District of, Workplace Relations Locations: Elon Musk's, Northern District, Northern District of California

☆ I was rejected by Meta 4 times before I landed a job there. Here's how I did it.
▼ + stars: | 2024-09-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +6 min

I first tried to get into Meta in 2021 and every year after that until I finally landed the job at the beginning of this year. AdvertisementBy the fourth time I applied, I passed the coding interview, but I failed the stage where there was an interview with a group of engineers. Having previous experience interviewing at Meta helped me land the job. Brushing up on my technical skills also helped me to land a job at Meta. AdvertisementWhen I found out I had been accepted into Meta, it felt great; it was such a proud moment.

Persons: —, Shad Hossain, there's Organizations: Service, Meta, Business, HBO, CBS, Apple, Nike, National Basketball Association, LinkedIn Locations: New York, Hulu, Bangladesh

☆ Intel is in talks to get an investment of up to $5 billion from Apollo, report says
▼ + stars: | 2024-09-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Apollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports. It follows a separate report that Qualcomm approached Intel about a potential takeover. Go to newsletter preferences Thanks for signing up! AdvertisementIntel could be getting a capital injection of up to $5 billion from asset management powerhouse Apollo Global Management, Bloomberg reported on Sunday. According to the report, the "equity-like" investment is still under discussion, and no deal has been finalized.

Persons: — Organizations: Apollo Global Management, Intel, Bloomberg, Qualcomm, Service, Business

☆ Jensen Huang thinks we're all going to have our own R2-D2 or C-3PO robots follow us around
▼ + stars: | 2024-09-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang predicts a future with personal robots like R2-D2 and C-3PO from Star Wars. Huang referenced the droid duo during an appearance at T-Mobile's Capital Markets Day. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNvidia chief Jensen Huang seems to be excited about the future of robotics. During an appearance at T-Mobile's Capital Markets Day on Wednesday, Huang made bold predictions about the future, referencing robots from the Star Wars movie franchise.

Persons: Jensen Huang, Huang, — Organizations: Nvidia, Star Wars, Mobile's, Service, Business

☆ Disney is ditching Slack after hackers gained access, and some employees aren't happy. Read the CFO's memo.
▼ + stars: | 2024-09-19 | by ( Lucia Moses | Jyoti Mann | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewDisney is gearing up to stop using the messaging platform Slack, causing apparent grumblings in some corners of the company. Some of the workers complained about an apparent plan to transition to Microsoft Teams, a Slack rival, according to the screenshots. Read the full memo from Disney's CFOFellow Employees and Cast Members, Collaboration is at the heart of our employee culture. Our technology teams are now managing the transition off Slack by the end of Q1 FY25 for most businesses, with DX and more complex use cases following in Q2 FY25.

Persons: —, Slack, Hugh Johnston, Oliver Darcy, Disney's Slack, Hugh, they'd Organizations: Service, Business, Disney, Wired, Street Journal, Microsoft Teams, Microsoft

☆ X users in Brazil temporarily regained access. Elon Musk's company says it was accidental.
▼ + stars: | 2024-09-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk's X says it accidentally restored temporary access to the social media platform in Brazil on Wednesday, just weeks after it was banned in the country. This story is available exclusively to Business Insider subscribers. This made "blocking the app much more complicated," the country's trade group for internet service providers added. In response, Musk closed X's Brazil offices and refused to comply with an order to name a legal representative in the country. X didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon Musk's, ABRINT, Basílio Rodriguez Pérez, Pérez, Musk, Alexandre de Moraes, X, Moraes, X didn't Organizations: Service, Global Government Affairs, Business, Brazilian Association of Internet, Telecommunications Providers, BBC, AFP, New York Times Locations: Brazil, Brazilian, Moraes

Harvey Weinstein was arraigned on an additional sex crimes charge in a New York City courtroom Wednesday, roughly two months ahead of a retrial in the disgraced Hollywood producer’s landmark #MeToo case. “Thanks to this survivor who bravely came forward, Harvey Weinstein now stands indicted for an additional alleged violent sexual assault,” Bragg said. “This investigation is ongoing.”In all, more than 80 women have accused Weinstein of sexual assault or harassment going back decades. (He was acquitted of two counts of predatory sexual assault and a count of first-degree rape.) (The jury acquitted him of a count of sexual battery by restraint and failed to reach a verdict on three other sexual assault counts.)

Persons: Harvey Weinstein, Weinstein, Attorney Alvin Bragg, ” Bragg, Jessica Mann, Mimi Haley, Gloria Allred, “, Mann, Harvey, ” Mann, retry Weinstein, Oscar, ”, Love Organizations: Hollywood, New, Attorney, Manhattan, Bellevue Hospital, Miramax, The New York Times, Yorker Locations: New York City, Manhattan, New York, New, York, Los Angeles, Angeles

☆ I work at Amazon and I plan on 'coffee badging' instead of working from the office 5 days a week
▼ + stars: | 2024-09-18 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with an Amazon worker in Germany who spoke anonymously to protect their privacy. Amazon notified all employees on Monday about the new return-to-office mandate requiring us to come into the office five days a week from January. Before Amazon made the announcement this week, I already had a feeling that a stricter return-to-office mandate was coming in 2025. I see the value in coming together occasionally and brainstorming, but outside that, it's unnecessary to always work from the office. The consensus among other Amazon employees I've spoken to is that they plan to leave when the economy and job market improve.

Persons: I'm Organizations: Service, Business, Amazon Locations: Germany

☆ Pivotal witness in Harvey Weinstein’s New York trial says she will testify in upcoming retrial
▼ + stars: | 2024-09-17 | by ( Jean Casarez | ) edition.cnn.com time to read: +2 min

CNN —A critical witness in the original trial of disgraced Hollywood producer Harvey Weinstein has announced she will testify in his upcoming retrial on criminal charges. After Weinstein’s conviction was overturned earlier this year, Mimi Haley, a former production assistant on The Weinstein Company’s “Project Runway,” said she wasn’t sure if she wanted to go through it all again. Haley alleged that Weinstein had pinned her down and forced her into a sex act in 2006 at his Manhattan apartment. Last week, he was indicted in Manhattan in connection to new sexual assault allegations, according to prosecutors. If he is cleared to attend the hearing, Weinstein is expected to be arraigned on the new indictment.

Persons: Harvey Weinstein, Mimi Haley, Weinstein, ”, Gloria Allred, “, Haley, Jessica Mann, Mann, Arthur Aidala Organizations: CNN, Hollywood, New, Bellevue Hospital Locations: Manhattan, New York, Los Angeles

☆ Nvidia is in vogue — just ask the designer behind these viral GPU purses
▼ + stars: | 2024-09-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

The company and its CEO, Jensen Huang, have gained a cult-like following. The company's popularity inspired a designer to make GPU purses, which have gone viral. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In the process of turning Nvidia into a multi-trillion dollar company, CEO Jensen Huang and the company have gained star-like status and, with it, a cult following.

Persons: Jensen Huang, —, Huang Organizations: Service, Nvidia, Business Locations: memelords, Woodstock

☆ Larry Ellison says he and Elon Musk 'begged' Jensen Huang for GPUs over dinner
▼ + stars: | 2024-09-16 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Larry Ellison said he and Elon Musk begged Nvidia's Jensen Huang for more GPUs at a dinner. Ellison also discussed Oracle's AI ambitions, including building a supercomputer with Nvidia GPUs. AdvertisementLarry Ellison really, really wants to get his hands on more Nvidia GPUs. The Oracle cofounder and chairman said he had dinner with Elon Musk and Nvidia chief Jensen Huang at Nobu in Palo Alto, where the longtime friends were "begging" Huang for GPUs. On Oracle's earnings call last week, Ellison said: "I would describe the dinner as me and Elon begging Jensen for GPUs."

Persons: Larry Ellison, Elon Musk, Nvidia's Jensen Huang, Ellison, —, Jensen Huang, Huang, Elon, Jensen Organizations: Nvidia, Service, Oracle, Business Locations: Nobu, Palo Alto

☆ Why this founder swears by going meeting-free 2 days a week
▼ + stars: | 2024-09-16 | by ( Tim Paradis | ) www.businessinsider.com time to read: +1 min

Madeline Mann, CEO of Self Made Millennial, schedules no meetings on Tuesdays and Fridays. Mann found that calls disrupted her ability to focus, prompting her to block off two days each week. Go to newsletter preferences Thanks for signing up! AdvertisementA couple of years ago, founder Madeline Mann wasn't happy with how she was getting things done at work. So, the CEO of the career-coaching service Self Made Millennial decided that her calendar would remain free from meetings on Tuesdays and Fridays.

Persons: Madeline Mann, Mann, —, Madeline Mann wasn't Organizations: Self, Service, Business

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