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FTX entered bankruptcy in November when the global exchange ran out of money after the equivalent of a bank run. Several other former FTX executives have pleaded guilty to fraud and conspiracy charges and are cooperating with investigators. The scheme involved Bankman-Fried receiving a loan from Alameda, then transferring the money to his parents. According to FEC records, Singh contributed roughly $9.7 million in 2022 and in late 2020 to various candidates and committees. The judge revoked Bankman-Fried’s bail last month after finding probable cause that he had tampered with witnesses.

Persons: Sam Bankman, ”, Allan Joseph Bankman, Barbara Fried, FTX, Fried, Bankman, ’, “ Bankman, John Ray III, Joe, Barbara, Ray, “ Fried, Nishad Singh, ” Singh, Singh, Ryan Salame Organizations: —, FTX, Stanford University, Alameda Research, Stanford, FTX Group, Bankman, FEC, FTX Digital Markets Locations: Del, Bahamas, Delaware, Manhattan, Alameda, FTX

☆ Sam Bankman-Fried's parents are accused of siphoning millions of dollars from FTX
▼ + stars: | 2023-09-19 | by ( Will Gendron | Associated Press | ) www.businessinsider.com time to read: +5 min

The fallout of FTX's implosion continues, with Sam Bankman-Fried's parents now facing a lawsuit. Barbara Fried and Allan Joseph Bankman were accused of siphoning millions of dollars from the firm. FTX entered bankruptcy in November when the global exchange ran out of money after the equivalent of a bank run. "And together, Bankman and Fried siphoned millions of dollars out of the FTX Group for their own personal benefit and their chosen pet causes." Mr. Ray and his massive team of lawyers, who are collectively running up countless millions of dollars in fees while returning relatively little to FTX clients, know better."

Persons: Sam Bankman, Barbara Fried, Allan Joseph Bankman, SBF's, FTX, Fried, Bankman, John Ray III, Joe, Barbara, Ray Organizations: Service, FTX, Stanford University, Alameda Research, Stanford, FTX Group, Bankman Locations: Wall, Silicon, Bahamas, Delaware, Manhattan, Alameda, FTX, Brooklyn

☆ 28-year-old's side hustle makes up to $113,500 per year—and it only costs $50 to start
▼ + stars: | 2023-08-30 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

It was 2017 and Osborne realized he could get paid to advise high school seniors on their college admissions essays. He went back to that mentor for help getting the side hustle off the ground. The upside: The side hustle costs almost nothing to start, he says. Here, Osborne details how he started and maintains his six-figure side hustle:CNBC Make It: Do you think your side hustle is replicable? How do you help students improve their essays without making it yours?

Persons: they've, Carter Osborne, Osborne, There's, you've, who's, I'm, I'd, Warren Buffett Organizations: CNBC, Stanford University Locations: Seattle , Washington

☆ Intel says new 'Sierra Forest' chip to more than double power efficiency
▼ + stars: | 2023-08-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

At a semiconductor technology conference held at Stanford University in Silicon Valley, Intel said its "Sierra Forest" chip will have 240% better performance per watt than its current generation of data center chip, the first time the company has disclosed such figures. That has pushed chip companies to focus on how to get more computing work done per chip. Ampere Computing, a startup founded by ex-Intel executives, was first to market with a chip focused on handling cloud computing work efficiently. Intel, which has lost market share to AMD and Ampere in data centers, said on Monday its "Sierra Forest" chip is on track to arrive next year. The company is for the first time splitting its data center chips into two categories: A "Granite Rapids" chip that will focus on performance but consume more power, and the more efficient "Sierra Forest" chip.

Persons: Dado Ruvic, Singhal, Stephen Nellis, Bill Berkrot Organizations: REUTERS, Intel, Stanford University, Ampere Computing, Devices, AMD, Ampere, Thomson Locations: Silicon Valley, San Francisco

☆ AI is going to eliminate way more jobs than anyone realizes
▼ + stars: | 2023-08-14 | by ( Emil Skandul | ) www.businessinsider.com time to read: +16 min

We didn't see the internet coming, but AI is within viewThe adoption of groundbreaking technology is often hard to predict. The World Economic Forum estimated 83 million jobs worldwide would be lost over the next five years because of AI, with 69 million jobs created — that leaves 14 million jobs that will cease to exist during that timeframe. In the US, the knowledge-worker class is estimated to be nearly 100 million workers, one out of three Americans. The small and large compounding effects of productivity growth across many industries are central to the growth trajectory and the long-run effects of AI. This is an alarmingly trivial amount for an economy of $25 trillion GDP and over 150 million workers.

Persons: Goldman Sachs, Joseph Schumpeter, Bill Gates, David Letterman, Paul Krugman, Erik Brynjolfsson, —, Brynjolfsson, Robert Solow, Robert Gordon, provocatively, It's, Gordon, David Autor, Maria Flynn, Flynn, –, Georgia –, Emil Skandul, Tony Blair Organizations: McKinsey, Newsweek, Stanford University, Microsoft, Amazon, Cisco, Economic, International Labor Organization, Organization for Economic Co, Development, MIT, Congressional, Office, Department of Labor, Tony Blair Institute Locations: Washington, Singapore, New York, Georgia

☆ How water-bottle fill stations can impact children’s health, according to a new study
▼ + stars: | 2023-08-10 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +4 min

CNN —Making water more accessible to kids leads to an increase in hydration and a decrease in children being overweight, according to a new study. The study, published Monday in the journal Pediatrics, included more than 1,200 students across 18 schools in California’s Bay Area. Half of the schools were gifted water dispensers in the cafeteria and water-bottle filling stations in areas of high traffic, Patel said. “I always tell people, drink water first — as that will reduce a person’s thirst and likelihood that they will drink sugary drinks. “If we really care about kids’ health, we won’t give them health information with a side of body shame, because we know weight stigma hurts kids’ health,” Hanson said.

Persons: ”, Anisha Patel, Patel, “, Asher Rosinger, Rosinger, Oona Hanson, Hanson, ” Hanson Organizations: CNN, Pediatrics, Stanford University in, Health, Nutrition, Pennsylvania State University Locations: California’s Bay, Stanford University in California, Los Angeles

☆ 28-year-old self-made billionaire started his self-driving car company in his parents' garage—now he's worth $1.6 billion
▼ + stars: | 2023-07-24 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

When Austin Russell was a 17-year-old high school student, he founded Luminar Technologies, which makes laser sensors that can help self-driving cars detect nearby objects. Now 28, Russell is the world's youngest self-made billionaire, according to Forbes, as Luminar competes with major companies like Tesla and Alphabet's Waymo. But self-driving cars aren't exactly commonplace on American roads, meaning Russell and Luminar have a lot of work ahead of them, despite their lofty valuations. How it differs from Tesla's approachElon Musk's Tesla also seeks to popularize self-driving cars, and Musk's approach to the technology is entirely different. Lidar could potentially change that, Russell says: Cameras can be helpful "for certain use cases," but lidar is "a huge step forward."

Persons: Austin Russell, Russell, Waymo, —, Luminar, Elon Musk's Tesla, Mario Herger, Herger, Tesla Organizations: Luminar Technologies, CNBC, Forbes, Benz, Volvo, Stanford University, Thiel, Washington Post Locations: Orlando , Florida, U.S

☆ The world's youngest self-made billionaire 'absolutely' recommends dropping out of college to make money instead—here’s why
▼ + stars: | 2023-06-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

That's according to Austin Russell, the world's youngest self-made billionaire, who dropped out of Stanford University in 2012 to start his company, Luminar Technologies, after receiving a $100,000 grant from the Peter Thiel Fellowship. CNBC Make It asked Russell, 28, if he'd recommend other student entrepreneurs to drop out. "It's just sort of the traditional approach around what you do and what you're supposed to do." What's more, he says he would have still left Stanford even if he hadn't received funding. "If you're wondering if I would have dropped out [without the grant], yeah.

Persons: Austin Russell, Peter Thiel, Russell, he'd, hadn't Organizations: Stanford University, Luminar Technologies, Peter Thiel Fellowship, CNBC, Stanford

☆ Instagram algorithms promote accounts that share child sex abuse content, researchers find
▼ + stars: | 2023-06-08 | 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 EmailInstagram algorithms promote accounts that share child sex abuse content, researchers findAlex Stamos, Director of the Stanford University Internet Observatory and former Facebook chief security officer, joins 'Squawk Box' to discuss an investigation by university researchers and The Wall Street Journal on how Instagram’s algorithms connect and promote accounts that facilitate and sell child sexual abuse material.

Persons: Alex Stamos Organizations: Stanford University Internet Observatory, Facebook

☆ Peru's Toledo returns home to join two other former heads of state in jail
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] Peru's former President Alejandro Toledo walks with others after his arrival at the airport following his extradition to Peru, in Callao, Peru April 23, 2023. Toledo, president between 2001 and 2006, turned himself in on Friday for extradition. They have requested a 20-year prison sentence. Toledo, an economist by profession and with a doctorate from Stanford University in the United States, became the second former Peruvian president to be extradited. Fujimori was extradited from Chile and is serving a 25-year prison sentence for human rights abuses.

RISE TO PROMINENCEA former lawyer, Navalny rose to prominence with blogs which exposed what he said was vast corruption across the Russian elite. Navalny has been detained countless times for organising public rallies, and prosecuted repeatedly on charges including corruption, embezzlement and fraud. Putin dismissed the investigation as a smear, saying: "If someone had wanted to poison him, they would have finished him off." KEY NAVALNY QUOTES:ON THE UKRAINE WAR:"This is a stupid war which your Putin started," Navalny told an appeal court in Moscow via video link from a corrective penal colony in 2022. ON PUTIN:"Corruption is the foundation of contemporary Russia, it is the foundation of Mr. Putin’s political power," Navalny told Reuters in an interview in 2011.

☆ Eve Jobs recommends iPhone 14 after mocking it a few months ago
▼ + stars: | 2023-03-31 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Apple cofounder Steve Jobs' daughter, Eve, told The Strategist she "can't live without" her iPhone. Jobs shared a meme on her Instagram story in September that poked fun at the iPhone 14. Insider also hasn't confirmed whether Jobs actually uses the iPhone 14. "I'm gonna keep it brief," Jobs told The Strategist about the iPhone 14. She's also a model and accomplished equestrian, who once told World of Showjumping that competing in the Olympics and at the World Equestrian Games "would be a dream."

After graduating from Stanford University in 2000 with a degree in mechanical engineering, he worked at BMW by day and went treasure hunting at night, sifting through online car listings to discover hidden gems. He was so fanatical that Gentry Underwood, an entrepreneur and his college friend, suggested that he turn his private recommendations public. They founded a blog in 2007 as an excuse to hang out more.

☆ Inside the life of Bill Gates' daughter Jennifer, an elite equestrian who stands to inherit 'a minuscule portion' of her father's $106 billion fortune
▼ + stars: | 2023-02-21 | by ( Britney Nguyen | Allana Akhtar | ) www.businessinsider.com time to read: 1 min

Gates graduated from Stanford University in 2018. Thibault Camus/AP ImagesShe earned a degree in human biology and took a year off to focus on her equestrian passion before going to medical school. She told Sidelines Magazine her childhood pediatrician inspired her to pursue medicine. She said in a February 2021 Instagram post that her parents also sparked her passion for medicine. Source: CNN, Business Insider, Sidelines Magazine

☆ Schools Lost Track of Thousands of Students Who Left During Pandemic, Study Shows
▼ + stars: | 2023-02-09 | by ( Ben Chapman | ) www.wsj.com time to read: 1 min

An estimated 26% of children who left public schools during the first two years of the pandemic switched to home-schools, research shows. Districts have lost track of thousands of students who left public schools since the pandemic began, and it is unclear how many of them are truant or unreported home-schoolers, according to a new study. An analysis of enrollment data conducted by Stanford University in collaboration with the Associated Press found that there were no records last school year for more than 240,000 school-age children living in 21 states and the District of Columbia, which provided recent enrollment details.

☆ Inside the life of Bill Gates' daughter Jennifer, an elite equestrian who stands to inherit 'a minuscule portion' of her father's $103 billion fortune
▼ + stars: | 2023-01-21 | by ( Britney Nguyen | Allana Akhtar | ) www.businessinsider.com time to read: 1 min

☆ Why most men don’t have enough close friends
▼ + stars: | 2022-11-29 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

And those who do maintain friendships with other men say they tend to have lower levels of emotional intimacy than women report. Research has shown close friendships protect our mental and physical health, she added. Assumptions 27 years later might be different, but social pressures remain that make it difficult for men to express the vulnerability and intimacy needed for close friendships, Sileo said. Men who were more emotionally restricted, focused on power and who scored high on surveys measuring homophobia are less likely to have intimate and close friendships, he said. “If you can have a handful of friends that are quality, that’s better than having a slew of friends.”

That doesn’t mean you’re doomed to wake up in a daze because you’re prone to mouth breathing when you sleep. “Even if you don’t have sleep apnea, or you have mild sleep apnea, opening your mouth makes it much, much worse.”How do you know if you’re mouth breathing at night? How to stop mouth breathingWhen Nestor blocked his nose for science, he experienced an extreme version of mouth breathing. If you’re tackling your nighttime mouth breathing, Park suggested you start by taking care of your nose to minimize congestion. But even if you get your nose to clear, nighttime mouth breathing can be a hard habit to break.

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