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☆ How researchers are developing fabrics that can keep skin 9 degrees Fahrenheit cooler than cotton
▼ + stars: | 2023-09-11 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

A lab in China made a fabric that can keep skin temperature 9 degrees Fahrenheit cooler than cotton. Brands including Bearbottom Clothing, LifeLabs, and Mission have products like t-shirts that can cool you down by 3 degrees Fahrenheit and hats that get 23 degrees Fahrenheit cooler when wet. Guangming TaoThe temperature of the student's skin wearing the side with the metafabric was 4.8 degrees Celsius, or about 9 degrees Fahrenheit, cooler than the side covered in cotton. AdvertisementAdvertisementThis isn't the first cooling fabric to be developed, but other fabrics have been extremely thin and fragile. Athletes, construction workers, soldiers, and others could benefit from wearing the cooling fabric, Tao said.

Persons: Summers, Robert Felder, Bearbottom, NanoStitch, Guangming Tao, Tao, Guangming Organizations: Brands, Service, Bearbottom, China, Wuhan National Laboratory, Optoelectronics, of Materials Science, Engineering Locations: China, Wall, Silicon, Wuhan

☆ The CEO of Spora Health on fighting bias as a startup founder and his inspirations to improve healthcare for people of color
▼ + stars: | 2023-09-07 | by ( ) www.businessinsider.com time to read: +13 min

Dan Miller founded Spora Health in 2019 to deliver better healthcare to people of color. AdvertisementAdvertisementDan Miller founded the startup Spora Health in 2019 to provide better medical care to people of color. Most of Spora's healthcare providers are people of color, and all its clinicians are trained in health equity and cultural competence. How has your experience as a Black patient in the US healthcare system informed what you built at Spora? But I knew there was a lot of demand and interest from Black folks that I would meet in the community.

Persons: Dan Miller, Miller, I'd, He's, Spora, I've, they're, who's, you've Organizations: Spora Health, San Francisco Bay Area, Fortune, Bay Area Locations: San Francisco, San Francisco Bay, America, Bay, New York, Silicon, United States

☆ Gap reports another period of declining sales across all brands, warns of 'uncertain consumer'
▼ + stars: | 2023-08-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +7 min

In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTPedestrians walk past Old Navy and GAP stores in Times Square, New York City. The company is projecting net sales to decrease in the low double-digit range for the fiscal third quarter compared to last year's net sales of $4.04 billion. Sales declined 6% at Old Navy, on top of a sharp 13.6% decline in the prior-year period. Gap is betting Dickson can breathe new life into Gap's brands: its namesake banner, Old Navy, Banana Republic and Athleta. "We know that regardless of market conditions, strong brands, brands that matter, win," said O'Connell.

Persons: Drew Angerer, Katrina O'Connell, Neil Saunders, StreetAccount, Richard Dickson's, Mattel's Barbie, Dickson, Here's, Chris Blakeslee, Alo Yoga, O'Connell Organizations: Navy, GAP, Refinitiv, Old Navy, Mattel, Banana, Republic Locations: Times Square , New York City, Banana Republic, women's, men's, Gap China, North America

☆ The CEO of Verge Genomics shares how she's overcome gender and age biases in biotech by showing people 'there can be a new way of doing things'
▼ + stars: | 2023-08-17 | by ( Josée Rose | ) www.businessinsider.com time to read: +15 min

In the latest Equity Talk, she shares how she's overcoming biases in the VC and biotech fields. Verge Genomics works with data derived from brains and spinal cords donated by people after they die. That's really been helpful because they don't necessarily see the same kind of questions. But I think part of that is just showing them that there can be a new way of doing things. I think that's an area where naivete can be a benefit, when you have big technological hurdles to overcome.

Persons: Alice Zhang, Zhang, it's, It's, That's, I've, we're, I'm, who's, There's, Alice, aren't, they're, that's unarguable, — Organizations: Genomics, Morning, Verge Genomics, Eff, pharma, Tech

Dr. Adrian Jacques Ambrose, 35, wants to make healthcare, especially mental-health care, more accessible. Ambrose is a senior medical director in the Department of Psychiatry at Columbia University Irving Medical Center. Columbia University Irving Medical CenterAmbrose, who goes professionally by Jacques, is driven by how confusing healthcare is. As a senior medical director in the Department of Psychiatry at Columbia University Irving Medical Center, he oversees about 50 physicians and 100 other clinicians across four clinical sites. "How do I continue to inculcate this dream of advocating for not only better healthcare, but better healthcare for vulnerable populations and minority populations?"

Persons: Adrian Jacques Ambrose, Ambrose, Columbia University Irving Medical Center Ambrose, Jacques, —, David Satcher, Ambrose doesn't, Rose Organizations: of Psychiatry, Columbia University Irving Medical Center, Leadership Institute Locations: Vietnam, Hawaii

☆ There are 4 reasons why jobs are disappearing — but AI isn't one of them
▼ + stars: | 2023-07-21 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

AI isn't the foe we're making it out to be, at least according to HSBC's new Future of Work report. Over 50% of firms surveyed believe that new technologies like AI will be job creators. Interestingly, over 50% of firms surveyed believe that new technologies — including AI — will actually be job creators, not destroyers. Slightly under half of the companies surveyed believe AI technologies will lead to new jobs. And while the AI debate rages on, perhaps we're missing one crucial point: Rather than obsessing over AI costing jobs, we should be more concerned about the quality and nature of the jobs that AI will create, as Paris Marx wrote for Insider.

Persons: we're, Paris Marx Organizations: Companies, Morning, Economic, Microsoft Locations: Paris

☆ Twitter CEO Linda Yaccarino echoes Musk in emphasizing freedom of speech in debut tweet thread
▼ + stars: | 2023-06-12 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

In her first tweet thread since becoming CEO of Twitter last week, Linda Yaccarino on Monday emphasized the company's focus on free speech, a topic favored by owner Elon Musk. "Twitter is on a mission to become the world's most accurate real-time information source and a global town square for communication," Yaccarino wrote on Twitter and in a memo to employees. Prior to Twitter, Yaccarino was global advertising chief at NBCUniversal, CNBC's parent company. "We have the opportunity to reach across aisles, create new partnerships, celebrate new voices, and build something together that can change the world," Yaccarino wrote. Twitter is on a mission to become the world's most accurate real-time information source and a global town square for communication.

Persons: Linda Yaccarino, Elon Musk, Yaccarino, Musk, we're, Elon, that's, Linda, Ron DeSantis Organizations: Twitter, Pew Research Center Locations: NBCUniversal

☆ Here are the top skills you will need for an 'A.I.-powered future,' according to new Microsoft data
▼ + stars: | 2023-05-09 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Working alongside artificial intelligence will be "as inherent" as how we work with the internet — and employees need to equip themselves with skills for this new future, said Microsoft. Working alongside artificial intelligence will be "as inherent" as how we work with the internet — and employees need to equip themselves with skills for this new future. AI skill sets leaders think employees will needAccording to Microsoft, 82% of leaders globally and 85% of leaders in Asia Pacific said employees will need new skills in an "AI-powered future." The report found that the three top skills that leaders believe are essential are analytical judgment, flexibility and emotional intelligence. These are skills that are "new core competencies," added Microsoft, not just for technical roles or AI experts.

☆ The $2 billion Rwandan airport that could help African aviation take off
▼ + stars: | 2023-05-05 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

For RwandAir CEO Yvonne Manzi Makolo, the problem of connectivity presents the “biggest challenge” to the African aviation industry. Pascal Pavani / AFP via Getty ImagesSolutionsBut solutions are touching down, starting with the Single African Air Transport Market (SAATM). First proposed in 2018, if implemented the policy would create a single market for African aviation, facilitating the free movement of people, goods, and services. What is missing is the willingness of states to really implement it.”There is hope for a bright new future in African aviation. Because of scale, they can then open up the African continent a lot more.

☆ Turkey's Baykar plans production of new air combat drone next year
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: +2 min

ISTANBUL, April 29 (Reuters) - Turkish defence firm Baykar aims to begin production of its new unmanned combat aerial vehicle (UCAV) next year which is already attracting international interest, its chairman Selcuk Bayraktar said. Named Kizilelma, the drone expands the company's product range from slow, ground attack drones to fast and agile autonomous ones that work alongside fighter jets. "It is designed to be a highly autonomous, under human purview of course, air-to-air combat vehicle" said Bayraktar, who led the design of the 15-meter-long jet-powered UCAV. Baykar plans to begin production in small quantities next year. Kizilelma made its first flight in December and began formation flight tests with Baykar's other drones this month.

☆ AUKUS needs to pool tech resources as US edge erodes -Australian intelligence chief
▼ + stars: | 2023-04-04 | by ( Kirsty Needham | ) www.reuters.com time to read: +3 min

Andrew Shearer, the director-general of the Office of National Intelligence, said the balance of power in the Indo-Pacific region was starting to "shift away from the United States and its allies, undermining deterrence". "We are seeing our longstanding technological edge start to erode, and in some cases that edge is totally gone," he added. Schmidt, who has advised United States Department of Defense on artificial intelligence, said China is organised around drones, hypersonic and automation technology, and this should influence Australia's military spending decisions. Although it was likely there would be decoupling between China and Western allies in critical technology, China was not an enemy and the could work together in other areas, he added. He criticised the U.S. government for restricting Chinese researchers from moving to the United States to work on technologies like quantum computing.

☆ SVB's collapse is a symptom of how 'bubble-prone' the whole system is, author says
▼ + stars: | 2023-03-31 | 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 EmailSVB's collapse is a symptom of how 'bubble-prone' the whole system is, author saysSebastian Mallaby, Paul A. Volcker senior fellow for international economics at the Council on Foreign Relations think tank, discusses the recent collapse of Silicon Valley Bank. Mallaby is the author of “The Power Law: Venture Capital and the Making of the New Future.”

☆ UBS CEO says bank can handle risks of Credit Suisse takeover
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +1 min

ZURICH, March 20 (Reuters) - UBS (UBSG.S) can handle the risks from taking over Swiss rival bank Credit Suisse (CSGN.S), UBS Chief Executive Ralph Hamers told broadcaster SRF. In a package orchestrated by Swiss regulators on Sunday, UBS will pay 3 billion Swiss francs ($3.23 billion) for 167-year-old Credit Suisse and assume up to $5.4 billion in losses. "The second step for us is to transform CS's investment bank into an investment bank like UBS has. He said he did not currently have any figures regarding lay-offs at Credit Suisse, although there would always be cost savings. The intended takeover would bring security and stability to the Swiss financial market and also for Credit Suisse clients, he added.

☆ How universities became giant piggy banks for hedge-fund billionaires
▼ + stars: | 2023-03-08 | by ( Catherine Liu | ) www.businessinsider.com time to read: +14 min

The move also marked the beginning of a new way to manage endowment funds. The arrangement has been a boon for the hedge-fund managers who received university endowment cash, but the benefits for the schools are trickier to parse. As Eaton put it in his book, universities directed funds to "wherever those allocations would generate the largest further investment returns." Eaton estimated in 2017 that tax breaks for university endowments cost federal coffers up to $19 billion a year. As the influence of billionaires and hedge-fund managers has grown, universities have moved further away from their ultimate goal: educating people.

There had been conflicting signals over the likely timing of the presidential and parliamentary elections since last month's earthquake, with some suggesting they could be postponed until later in the year or could be held as scheduled on June 18. Erdogan has faced a wave of criticism over his government's handling of the deadliest quake in the nation's modern history. Now he also must contend with criticism over the response to the quake in a region that traditionally backed him. The quake also injured 108,000 people in Turkey. Some two million people were registered as having fled the region, which has been hit by more than 11,000 aftershocks, AFAD said.

☆ Adobe’s lose-lose Figma bind
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Feb 24 (Reuters Breakingviews) - Adobe’s (ADBE.O) $20 billion Figma deal is too expensive, and yet boss Shantanu Narayen is punished for losing it. Adobe’s shares tumbled over 7% on Friday after Bloomberg reported the previous night that U.S. antitrust enforcers might block it. That conflicts with the initial reaction to the cash-and-stock deal, when shares crashed 16% on announcement in September. Startups like Figma and peer Canva leapfrogged Adobe in tools allowing multiple users to work on a document simultaneously. That’s why losing Figma also hurts: The deal is an expensive bridge to a new future.

☆ Salesforce's Marc Benioff has revised a plan to stack rank a bottom 5% and ordered employees back to the office, according to leaked messages
▼ + stars: | 2023-02-21 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com time to read: +6 min

Salesforce CEO Marc Benioff has made revisions to the company's annual strategic plan, including return-to-office mandates and policies that would have implemented stack ranking, according to an internal Slack message viewed by Insider. "He's still pushing performance culture," a Salesforce employee who read the revised draft told Insider. It currently requires three days a week in the office for non-remote employees and four days a week for employees in "non-remote" and "customer-facing" roles. Revenue for fiscal 2022 grew 25%, to $26.5 billion, according to the company's annual report. Or, as an employee previously posted in a Slack channel, "Can execs commit to never referring to Salesforce employees as 'family' again?

Congo has some of the world's richest mineral deposits, but its abundant resources have stoked conflict between ethnic groups, militias, government troops and foreign invaders. He led the stadium in an impromptu chant of "no to corruption" in French, Congo's lingua franca. "The pope is right," said Joel Muhemereri Amani, 21, an art student. The United Nations says African economies lose nearly $150 billion to corruption each year. The 86-year-old pope, who arrived in Congo on Tuesday, flies to neighbouring South Sudan on Friday.

☆ Leading through change is one of the hardest challenges for CEOs — and one they must get right, PwC US Chair Tim Ryan says
▼ + stars: | 2022-12-12 | by ( Josée Rose | Tim Paradis | ) www.businessinsider.com time to read: +4 min

PwC's US chair, Tim Ryan, said leading through change was the toughest challenge for CEOs. Ryan said the "war for talent isn't going away" and urged leaders to focus on the future. "What every company is trying to do is to get their people to do things differently," Ryan told Insider. Did all the things work the way they're supposed to?" Several companies have brought back CEOs to lead through turmoil because there's a "desperate need to reframe management," Ryan said.

☆ This veteran learned these 5 leadership tips in the Navy—they work in corporate America, too
▼ + stars: | 2022-11-25 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

As a combat-decorated former Navy SEAL, Marty Strong spearheaded combat missions and helped create special operations capabilities during his 20 years in uniform. And though Strong left the military decades ago, he still employs the strategies he learned to excel in business today. And you do that through training programs. But you have to also follow up on all those training programs with coaching, and eventually, mentoring programs." As a SEAL, Strong says being curious and "nimble" helped him problem-solve and create solutions for complex problems in the force.

☆ South Korea's Yoon looks to boost arms exports, develop defence tech
▼ + stars: | 2022-11-24 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

SEOUL, Nov 24 (Reuters) - South Korea's President Yoon Suk-yeol pledged on Thursday to step up efforts to boost weapons exports and secure cutting-edge defence technologies as he aims to build the country's weapons industry into the world's fourth-largest arms exporter. Yoon hosted a meeting on promoting defence exports for the first time since taking office in May, designed to explore ways to shift the mainstay of the industry to exports from domestic supplies. "The defence industry is a new future growth engine and the pivot of the high-tech industry," Yoon told the meeting held at Korea Aerospace Industries Ltd (047810.KS), South Korea's sole warplane developer located in the southeastern city of Sacheon. In August, Yoon unveiled a goal of nurturing the country's defence industry into the world's fourth-largest, after the United States, Russia and France. "Some say that there might be a vacuum in our military force due to defence exports as part of their political offensive, but the government will maintain thorough military readiness posture while actively supporting those exports," Yoon said.

Note: While this review does not contain spoilers for "It Starts with Us," it does contain spoilers for the first book, "It Ends with Us." As Lily slowly became an exception to Ryle's "no dating" policy, she found herself thinking of her first love, Atlas Corrigan, who she hadn't seen since they were teenagers. The bottom lineYou absolutely have to read "It Ends with Us" before the sequel to understand the story. While both books involve a love story, they also focus on themes of abuse, domestic violence, and assault. If you already read and enjoyed "It Ends with Us," you should definitely pick up the sequel.

☆ Beyond Catastrophe: A New Climate Reality Is Coming Into View
▼ + stars: | 2022-10-26 | by ( David Wallace-Wells | Photographs Devin Oktar Yalkin | ) www.nytimes.com time to read: +53 min

Beyond Catastrophe A New Climate Reality Is Coming Into View By David Wallace-WellsYou can never really see the future, only imagine it, then try to make sense of the new world when it arrives. (A United Nations report released this week ahead of the COP27 climate conference in Sharm el Sheikh, Egypt, confirmed that range.) A little lower is possible, with much more concerted action; a little higher, too, with slower action and bad climate luck. There were climate-change skeptics in some very conspicuous positions of global power. New emissions peaks are expected both this year and next, which means that more damage is being done to the future climate of the planet right now than at any previous point in history.

☆ Think you've got it bad? Odds are your manager is even more burned out than you are, according to a new survey.
▼ + stars: | 2022-10-22 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

Your manager might be even more burned out than you are, according to new survey from Slack. 43% of the middle managers surveyed reported burnout, more than any other worker group. Among the middle managers surveyed, 43% said they are experiencing burnout as a result of chronic workplace stress. Staff without any workers underneath them reported the second-highest percentage at 40%, followed by senior management at 37%, and executives at 32%. And burnout isn't just bad for workers, it's bad for the bottom line too — causing 32% worse productivity and 60% worse ability to focus, per the survey.

☆ iPhone maker Foxconn wants to build 5% of the world's EVs by 2025 — and just launched its latest 3 models. Take a look.
▼ + stars: | 2022-10-18 | by ( Stephen Jones | ) www.businessinsider.com time to read: +1 min

iPhone maker Foxconn has ambitious plans to make 5% of the world's EVs by 2025. At its annual Tech Day on Tuesday, the Taiwanese tech giant unveiled its latest 3 EVs. Foxconn might have made its name globally as the manufacturer of Apple's iPhone, but the Taiwanese company is targeting a new future; electric vehicles. At the company's annual Tech Day on Tuesday, executives unveiled the next three vehicles in that plan, including the first Taiwan-made electric pickup. However, unlike its rivals in the congested market for EVs, the group has no plans to market any vehicles under its own brand.

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