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Let's make a dealThere's no one way to get promoted in venture capital. Amanda "Robby" Robson became a partner at Cowboy Ventures at 29 years old, making her the youngest partner in the firm's history. Network your way to a promotionFundraising for venture firms has become increasingly competitive, with dollars concentrated into fewer legacy funds. Firms might be faster to hire or promote young investors who land deals in the desired category. The next day, the fund promoted him to senior associate and Brenner made it LinkedIn-official.
Persons: , Dan Miller, Abigail Johnson, Michael Larsen, It's, Clara Brenner, Larsen, Amanda, Robby, Robson, Jill Chase, Chase, Miller, " Miller, Johnson, Jenieri Cyrus, Julie Lein, Brenner, Cyrus Organizations: Service, Business, True, Sapphire Ventures, Cambridge Associates, Urban Innovation Fund, Investors, Google, Cowboy Ventures, TechCrunch, intel, Urban, Northwestern Kellogg, LinkedIn Locations: Northwestern
Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight. The Biden administration has broadly targeted so-called junk fees, like an undisclosed service charge for concert tickets or unexpected resort fees when checking out of a hotel. The Biden Administration is attempting to crack down on so-called "junk fees" in retirement accounts with a rule prosed by the U.S. Labor Department. Lobbyists vs. legislatorsOn the state level, restaurants have already had some success in getting excluded from the fight over junk fees. California's SB 478 law would ban so-called "junk fees".
Persons: Birkin, Biden, Joe Biden, Chip Somodevilla, Biden administration's crosshairs, Sean Kennedy, Kennedy, Andres Clavero, Clavero, Galit, Peter Demetri, Tai Huh, Huh, CSHG Organizations: Getty, National Restaurant Association, Federal Trade Commission, White, Biden Administration, U.S . Labor Department, National Women's Law, Cambridge Street Hospitality Group, Health, Restaurant Association, California's Locations: Los Angeles, Chicago, Washington ,, New York, Denver, Asian, Massachusetts, California, , Oakland , California
Harris hasn’t yet released many details about her strategy to wipe out medical debt, but policy experts say a newly implemented medical debt relief program from North Carolina could offer a roadmap. Roy Cooper announced that nearly 100 hospitals in the state had signed on to participate in the Medical Debt Relief Incentive Program, which he said will incentivize hospitals to eliminate $4 billion in medical debt for 2 million low- and middle-income patients over the next two years. At a campaign event last week in Raleigh, North Carolina, Harris thanked Cooper for canceling medical debt in his state, and Cooper introduced Harris at the convention Thursday. Hospitals will get additional federal funds if they forgive existing debt and move to prevent future medical debt. “I see medical debt as the most salient example of a health care system which isn’t working,” he said.
Persons: Kamala Harris, Harris, Harris hasn’t, Roy Cooper, Cooper, Neale Mahoney, , ” Mahoney, , Adam Gaffney, Larry Levitt, Levitt, , Mahoney, Harris ’, ” Levitt, Will, aren’t, Ciara Zachary, Zachary, it’s, Barack Obama, ” Zachary Organizations: Democratic, Convention, North Carolina Gov, Debt Relief, Stanford University, White, National Economic Council, Cambridge Health Alliance, Consumer Financial, White House, North Carolina Department of Health, Human Services, Medicaid, UNC Gillings School of Global Public Health, Medicare, Services, Republican, Affordable Locations: United States, Chicago, U.S, KFF, North Carolina, Raleigh , North Carolina, “ North Carolina, Massachusetts,
Hailed as Britain's Bill Gates, Lynch sold Autonomy, his groundbreaking data-management company, to Hewlett-Packard for $11 billion. Shareholders and business commentators were puzzled about what HP, a hardware company, would do with Autonomy, a software company — and why the latter was worth $11 billion. A year after the acquisition, HP wrote down $8.8 billion of the purchase value and accused Lynch of lying about Autonomy's finances. Lynch said HP stifled Autonomy with mismanagement and bureaucracy that pushed out employees and stymied sales. "This verdict closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr. Lynch," Morvillo said in a joint statement with his attorney colleague Brian Heberlig.
Persons: , Mike Lynch, Bill Gates, Lynch, Sushovan Hussain, Stephen Chamberlain, Chamberlain, Chris Morvillo, Léo Apotheker, Apotheker, Meg Whitman, James B, Stewart, Time Warner, Bryn Colton, Hussain, hadn't, Henry Nicholls, David Cameron, Cameron, Lynch —, Whitman, Apotheker's, Robert Hildyard, Hildyard hadn't, wasn't, that'd, Guglielmo Mangiapane Morvillo, Morvillo, Brian Heberlig, Angela Bacares, Hannah, Charles Morvillo Organizations: Service, Autonomy, Hewlett, Packard, HP, Business, Cambridge University, Cambridge, Oracle, Adobe, Cisco, Shareholders, New York Times, Time, FBI, Deloitte, Telegraph, The New York Times, KPMG, US Justice Department, Justice Department, High Court, REUTERS, BBC, British Museum, Politico, The Times, Times, Bacares Locations: San Francisco, London, California, Kenya, Sicily
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Dominic Lipinski | PA Images | Getty ImagesDuring the course of the trial, Lynch took the stand in his own defense. He became a key voice supporting the U.K. technology industry, backing key names like cybersecurity firm Darktrace and legal tech firm Luminance. Mike Lynch, founder of software firm Autonomy, at the company's headquarters in, Cambridge, U.K., Aug. 24, 2000. Bryn Colton | Hulton Archive | Getty Images"I keep rare breeds," Lynch told LeadersIn in a 2016 interview.
Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch, , Angela Bacares —, Bacares, Hannah, Bill Gates, Graham Barclay, David Tabizel, Richard Gaunt, Thomas Bayes, Dominic Lipinski, Autonomy's, Stephen Chamberlain, Sushovan Hussain, Hussain, Thoma, Bryn, LeadersIn Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, CNBC, Sky News, Bancroft's, British Industry, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, HP, U.S, Packard, Prosecutors, Capital Management, Thoma Bravo, BBC, Council for Science, Technology, Forbes, East Anglian Times, The Times Locations: Sicily, U.S, Porticello, Palermo, Italy, Ilford, East London, Chelmsford, English, Essex, Woodford Green, London, Cambridge, Britain, Suffolk, Bryn Colton, England
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Lynch, 59, is the founder of enterprise software firm Autonomy. During the trial, Lynch took the stand in his own defense, denying wrongdoing and telling jurors that HP botched Autonomy's integration. "I keep rare breeds," Lynch told LeadersIn during an interview. Weeks before he was reported missing, Lynch told The Times newspaper of how he feared dying in prison if found guilty over the HP allegations.
Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch —, Bill Gates, , Lynch's, Angela Bacares, Hannah —, Morgan, Jonathan Bloomer, Judy, Clifford Chance, Chris Morvillo, Neda, Stephen Chamberlain, Chamberlain's, Lynch, Autonomy's, Chamberlain, Sushovan Hussain, Hussain, David Tabizel, Richard Gaunt, Thoma, LeadersIn, Weeks Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, U.K, Morgan Stanley, Reuters, HP, U.S, Prosecutors, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, BBC, Council for Science, Technology, Capital Management, Thoma Bravo, Forbes, East Anglian Times, The Times Locations: Sicily, Porticello, Palermo, Italy, Cambridgeshire, England, Britain, U.S, Ilford, East London, Chelmsford, English, Essex, U.K, British, Suffolk
The Engine Accelerator is part coworking space and part startup accelerator, though it doesn't invest. The Engine AcceleratorThe Engine Accelerator provides shared resources like chemistry fume hoods, flow cytometers, microscopes, spectrometers, ovens, and lathes. The anti-Y CombinatorThe Engine Accelerator isn't a typical accelerator in one key way. The Engine Accelerator separated into a venture fund and an accelerator late last year. Correction: August 16, 2024 — An earlier version of this story misstated what the Massachusetts Institute of Technology provided for The Engine Accelerator.
Persons: , Emily Knight, Y Combinator, Knight, Adam Slavney, Jinyoung Seo, Slavney, Pascal, Peña, Peña Feliz, He's, MacroCycle Organizations: Service, Business, Minks, Harvard, MIT, Pascal, Khosla Ventures, Massachusetts Institute of Technology, Engine Ventures Locations: Cambridge , Massachusetts
Fava beans, also called broad beans, contain levodopa or l-dopa, a chemical that can be converted into the pleasure hormone dopamine. One in five Americans experienced a mental health condition in 2020, according to the Substance Abuse and Mental Health Administration, and mental health costs the US economy more than $280 billion annually, according to researchers at Columbia Business School and Yale. "For me it's a matter of getting the awareness out that there is something that could improve mental health," she said. AdvertisementHere are her three favorite ways to prepare fava beans. Fava bean stir fryEvery week Mohd-Radzman makes a stir-fry with lots of fava beans.
Persons: , Nadia Mohd, Radzman, Ian Laker, pita, she's, snacking Organizations: Service, University of Cambridge, Business, Neuroscience, Molecular Psychiatry, Mental Health Administration, Columbia Business School, Yale Locations: Mohd
We tend to wind ourselves up about differences among boomers, millennials, and Gen Zers — sorry, Gen X, forgot to include you — even though many of the distinctions are made up. AdvertisementIt's easy to point to young workers and say they're no good at their jobs because, of course, they're often not as experienced as those doing the criticizing. "Mentorship will be huge with this generation," Toothacre said. So, some young workers' desire to focus more on their mental health and well-being could rankle some older workers and fuel why-didn't-I-think-of-that resentments. We're seeing less of them prioritize work, especially if they're not treated well," she said.
Persons: , Zers —, Gen X, they're, Julia Toothacre, Toothacre, Thomas Roulet, Roulet, Jon Veasey, It's, Gallup Organizations: Service, Business, Cambridge University, YouTube, KPMG, Workers
The Mankato West Scarlets, who had started the 1999 high school football season with a miserable record of 2-4, had improbably swaggered into a state championship game. Their defense, though, would first have to repel the Cambridge-Isanti Bluejackets, who were from north of Minneapolis and trailed by a single touchdown. But inside the 10-yard line, a Scarlet defender intercepted the ball, effectively clinching a 35-28 victory and Mankato West’s first championship. A coach lifted Tim Walz, then the defensive coordinator and now the Democratic candidate for vice president, skyward. In Mr. Walz’s telling, the victory also eventually proved a launchpad for politics.
Persons: Minneapolis’s, Isanti Bluejackets, Tim Walz, Walz’s Organizations: Minneapolis’s Metrodome, Mankato West Scarlets, Mankato West’s, Democratic, skyward Locations: Cambridge, Minneapolis
OpenAI CEO Sam Altman has argued that AI models should eventually produce synthetic data good enough to train themselves effectively. As the well of usable human-generated data dries up, more companies look into using synthetic data. Rather than being pulled from the real world, synthetic data is generated by AI systems that have been trained on real-world data. Synthetic data may help offer some effective "countertuning" to the biases produced by real-world data, too. 'Habsburg AI'While the AI industry found some advantages in synthetic data, it faces serious issues it can't afford to ignore, such as fears synthetic data can wreck AI models.
Persons: , that's, Sam Altman, Gary Marcus, It's, Nathan Lambert, Gretel, SynthLabs, Meta, Timnit Gebru, Margaret Mitchell, LLMs, Sadowski, Alexandr Wang, AlphaGeometry, Marcus Organizations: Service, Google, Business, Oxford, Gartner, New York University, Allen Institute, AI, Nvidia, Meta's, Anadolu, Getty, Rush, Microsoft, Monash University Locations: Cambridge, Habsburg
(Photo by Alberto PIZZOLI / AFP) (Photo by ALBERTO PIZZOLI/AFP via Getty Images)Dolce and Gabbana's luxury perfume for dogs — costing over $100 — has sparked concerns from some animal welfare organizations. The Italian fashion house's alcohol-free fragrance mist for dogs, which costs £83 ($105) on its U.K. website, is inspired by Fefé, the pet dog of brand-owner Domenico Dolce. However, the fragrance has drawn some concern from animal welfare organizations and experts who warn that perfumes can interfere with a dog's sense of smell. Oils such as ylang ylang which is included in Fefé, can also have a positive effect, he said. RSPCA's Potter also noted that some "lightly-scented products," which do not use aversive scents or interfere with a dog's sense of smell, can have a calming effect.
Persons: Domenico Dolce's, Alberto PIZZOLI, ALBERTO PIZZOLI, , Fefé, Domenico Dolce, Ylang, Gabbana, Alice Potter, Donald Maurice Broom, Broom, RSPCA's Potter, we'd, Potter, Dolce Organizations: Dolce, Gabbana, Getty, RSPCA, Cambridge Veterinary School Locations: Rome, AFP, Fefé
However, when we relocated to the UK, as an educator myself, I knew that I wanted an International Baccalaureate (IB) education for all of my children moving forward. Our twins, both now 18, have just completed their final year of the IB program and will attend university. In those middle years at school, children are supposed to be focussing on learning and developing key skills. The IB has prepared my children better for universityWhile my older twins have found the IB challenging, the program has also nurtured their passion for learning, encouraging their intellectual curiosity. This is because an IB school gets students involved in group projects, independent research, and advanced writing assignments throughout their education.
Persons: , Egham Organizations: Service, Business, IB, Egham, Oxford Locations: Miami, Cambridge
"A lot of these individuals had been deplatformed, so they wouldn't have had an opportunity to amplify," Van der Linden said. Musk has also claimed that the UK police's response "does seem onesided" — a viewpoint commonly promoted by far-right activists. Van der Linden said Musk might be being radicalized by his own platform. Musk's echo chamber on X is increasingly conspiratorial, Van der Linden added. Representatives for X did not immediately respond to a request for comment from Business Insider, made outside normal working hours.
Persons: , Axel Muganwa Rudakubana, Elon Musk's, Ali Al, Shakati —, Taylor Swift, Andrew Tate, Sander van der, Tommy Robinson, Stephen Yaxley, Lennon, Tate, Musk, Van der Linden, Downing, Kier Starmer, he's, he's radicalizing Organizations: Service, Business, Facebook, The, University of Cambridge, Twitter, Prime Locations: Britain, South Yorkshire, Cardiff , Wales, Southport, Liverpool, London, Sander van der Linden, Soviet Union
Eugenicists used photographs and IQ tests to determine which people were "inferior," and sterilized those who didn't measure up — which usually turned out to be anyone who wasn't white and rich. Before he worked with photographs, Kosinski was interested in Facebook. It's just picking up on the way gay people present themselves on dating sites — which, not surprisingly, is often very different from the way straight people present themselves to potential partners. Kosinski thinks AI's ability to make the kind of personality judgments he studies will only get better. That is the future Kosinski fears — even as he continues to tinker with the very models that prove it will come to pass.
Persons: Michal Kosinski, Kosinski, I'm, they'd, isn't, Oppenheimer, David Stillwell, Stillwell, aren't, Brian Stauffer, Aleksandr Kogan, Donald Trump, , Kosinski isn't, MAGA, Bernie bros, Alexander Todorov, It's, they've, — Francis Galton, Ronald Fisher, Karl Pearson —, Aubrey Clayton, Hitler, Trump, They're, Adam Rogers Organizations: Stanford University, Kosinski, Facebook, Cambridge, Cambridge Psychometrics, National Academy of Sciences, Psychometrics, BI, intuit, Guardian, Rights, GLAAD, Stanford, HRC, University of Chicago, US Supreme, tinker, Business Locations: California, Stanford, Kosinski, Russia
Now, a team of engineers and geologists brings a new theory to the table — a hydraulic lift device that would have floated the heavy stones up through the middle of Egypt’s oldest pyramid using stored water. Water from ancient streams flowed into a system of trenches and tunnels that surrounded the Step Pyramid, according to the study team. The shaft within the Step Pyramid is connected to a 200-meter-long (656-foot-long) underground tunnel that connects to another vertical shaft outside the pyramid. Conversely, a moderate-sized hydraulic lift can raise 50 to 100 tons. “It doesn’t mean (the hydraulic lift device) wasn’t used,” she added.
Persons: Pharaoh Djoser, , Dr, Xavier Landreau, aren’t, David Jeffreys, Paleotechnic, Guillaume Piton, Judith Bunbury, rainier, Jeffreys, Fabian Welc, Stefan Wyszynski, Welc, ” Welc, King Djoser, Landreau, University of Cambridge geoarchaeologist, ” Bunbury Organizations: CNN, University College London, France’s National Research Institute for Agriculture, Food, Institute of Environmental Geosciences, University Grenoble Alpes, University of Cambridge, of Archaeology, Stefan Wyszynski University Locations: Egypt, Paris, London, Old, Old Kingdom, Kingdom, Moat, Warsaw, Poland, Saqqāra, Giza, University of Cambridge geoarchaeologist Bunbury
On a 91-degree day in June, a group of 20- and 30-somethings in sundresses and Bermuda shorts was navigating a dimly lit cocktail lounge whose air-conditioning was on the fritz. It didn’t matter: Cocktails with names like the Ghost Writer were flowing, and patrons were posing in front of a velvet emerald curtain, holding “Team Daisy” and “Team Gatsby” hand fans emblazoned with the faces of Eva Noblezada and Jeremy Jordan, the stars of the Broadway musical “The Great Gatsby.”Flickering candles adorned tables at the side of the room, where people colored in silhouettes of the character Myrtle Wilson, a social climber in the musical, and filled out trivia sheets with questions like “Is Gatsby in East or West Egg?” Silver gift bags filled with miniature bottles of Champagne and “Old Sport” stickers sat on a table by the door. “We are in the Gatsby era,” said Francis Dominic, 31, a lifestyle and travel influencer, alluding to the Broadway musical and “Gatsby,” another high-profile stage adaptation of the F. Scott Fitzgerald novel that last week ended its run at American Repertory Theater in Cambridge, Mass., and is also aiming for Broadway.
Persons: fritz, Daisy ”, Gatsby, Eva Noblezada, Jeremy Jordan, Myrtle Wilson, , Francis Dominic, Scott Fitzgerald Organizations: , Repertory Theater, Broadway Locations: sundresses, Bermuda, Gatsby, East, Champagne, Cambridge
The Archewell Foundation Parents’ Network aims to support affected families, including several whose children have taken their own lives as a result of online harm. During the CBS interview, the duchess was asked about the experience “that connects you to these families.”Appearing slightly uncomfortable, Meghan told interviewer Jane Pauley that she had not anticipated the question but understood why it was raised. Meghan, Duchess of Sussex, first revealed that she had experienced suicidal thoughts in an interview with Oprah Winfrey in 2021. In March 2019, the British royal family told social media users to show “courtesy, kindness and respect” when interacting with its online posts, after repeated cases of online abuse directed at Meghan and Catherine, Duchess of Cambridge. This followed Kensington Palace asking social media firms for help in combating the boom in abuse, which included sexist and racist comments.
Persons: CNN — Meghan, Duchess of Sussex, ideation, Oprah Winfrey, Prince Harry, Winfrey, Meghan, Princess Diana, , Harry, , Jane Pauley, you’ve, Joe Pugliese, ” Meghan, Archie Harrison Mountbatten, Lilibet, Lili ” Diana Mountbatten, Catherine , Duchess of Cambridge Organizations: Lifeline, CNN, CBS News, Duke, CBS, CNN’s Royal Locations: United Kingdom, Texas, Windsor, Kensington
It's Moderna's second-ever commercially available product after its Covid vaccine, which has seen demand plunge as the world emerges from the pandemic and relies less on protective shots and treatments. He added that "we've been having quite intense discussions with governments across Europe" to get Covid vaccine supply from Moderna. He is referring to the European Union's massive renegotiated Covid vaccine supply contract with Pfizer and its German partner BioNTech . Its shares are up nearly 20% this year on increasing confidence around its pipeline and messenger RNA platform, which is the technology used in its Covid vaccine and RSV shot. Moderna is also developing a stand-alone flu shot, a personalized cancer vaccine with Merck and shots for latent viruses, among other products.
Persons: It's Moderna's, Stephane Bancel, we've, Bancel, BioNTech, Moderna, I'm Organizations: Moderna Inc, Moderna, Pfizer, GSK, LSEG, Wall, Research, Merck Locations: Cambridge , Massachusetts, Europe, U.S, Moderna, Ukraine
Artificial Intelligence Gives Weather Forecasters a New Edge The brainy machines are predicting global weather patterns with new speed and precision, doing in minutes and seconds what once took hours. GraphCast GraphCast Miss. specialist at the European Center for Medium-Range Weather Forecasts, the agency that got upstaged on its Beryl forecast. Even so, reliable weather forecasts turn out to be extraordinarily hard to achieve. As a result, weather forecasts can fail after a few days, and sometimes after a few hours.
Persons: Hurricane Beryl, GraphCast, Beryl MEXICO, Hurricane Beryl Miss ., William B, Davis, , Matthew Chantry, Christopher S, Amy McGovern, Dr, McGovern, , Brandon Bell, Maria Molina, Bretherton, Sir Richard Friend, Rémi Lam, GraphCast’s, Lam, . Lam, Beryl, Hurricane Lee, DeepMind’s GraphCast, . Chantry, Chantry, Paul G, Allen, , we’ve, Molina, Jamie Rhome, Rhome, Mr, There’s Organizations: A.I, Beryl MEXICO CUBA European, JAMAICA European, Beryl MEXICO CUBA JAMAICA Hurricane, National Hurricane Center, Hurricane, NOAA, European Press Agency, Google, European Center, University of Washington, University of Oklahoma, University of Maryland, Royal Academy of Engineering, Cambridge University, Getty, Nvidia, Huawei, Fudan University, Allen Institute for A.I, Microsoft Locations: Va . Ky, N.C, Okla, ., Ala . Texas, Texas, Fla, Va, Kan, Mo, Ky, Beryl MEXICO CUBA, VENEZUELA COLOMBIA, Tenn, Okla ., Beryl MEXICO CUBA JAMAICA, Caribbean, Mexico, Houston, London, DeepMind, Land , Texas, A.I, Freeport , Texas, England, Canada, Nova Scotia, China, Corpus Christi , Texas, Miami
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I started in engineering roles but soon realized my passion for technology and storytelling, which drove me toward marketing communications. AdvertisementTo get promoted at Meta, you need to perform and collaborate effectivelyThe promotion process at Meta involved a twice-a-year performance review cycle. The size of Meta was a new experience for meThe company's size was unlike any I had worked at before. I decided to leave Meta for personal reasonsAfter the demanding pandemic years, I wanted to spend more time with my family.
Persons: , Alexandru Voica, I've, wasn't, I'm, Lauryn Haas Organizations: Service, ARM, Business, Ocado Group, Meta, Big Tech Locations: London, Romania, Cambridge, Abu Dhabi, Meta, Big, lhaas@businessinsider.com
Read previewI've traveled around the world, but even after a dozen visits, Paris remains my favorite city. The Eiffel Tower is iconic, but the view from the Montparnasse Tower is equally stunningThe Montparnasse Tower offers panoramic views of Paris. AdvertisementBut if I were looking for Instagrammable views of Paris' most famous landmark, I'd head to the Montparnasse neighborhood. The rooftop terrace atop Paris' only skyscraper, Montparnasse Tower, has 360-degree city views and tons of space to spread out. It's scheduled to open later this year, and it's a must-see if you're visiting Paris for the first time.
Persons: , I've, shomos uddin, Mona Lisa, Musée, Venus de Milo, Napoleon, Monet, Manet, Renoir, Les Catacombes, Miguel Sánchez Villafán, Jim Morrison's, I'd, Les, you've, Le, Le Mary Celeste, It's, Breizh Café, Kelly Magyarics Organizations: Service, Business, Eiffel, Gare d'Orsay, Cambridge Public House, Paris, Notre, Dame, Dame Cathedral, pes, Bretagne Locations: Paris, Montparnasse, d'Orsay, Musée d'Orsay, Gare, Père Lachaise, Le Marais, La, Montmartre, Brittany, France
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023. Bristol Myers Squibb on Friday reported second-quarter earnings and revenue that topped expectations and raised its full-year guidance as the drugmaker moves to slash costs. The results come as Bristol Myers moves to cut $1.5 billion in costs by 2025 and reinvest that money into key drug brands and research and development programs. Bristol Myers posted net income of $1.68 billion, or 83 cents per share, for the second quarter. Revenue from Bristol Myers' blood cancer drug Revlimid also topped analysts' estimates for the period despite facing competition from cheaper generics.
Persons: Bristol Myers, Revlimid, Joe Biden's Organizations: Bristol Myers Squibb, LSEG, Revenue Locations: Cambridge, Cambridge , Massachusetts, Bristol, Revlimid
New York CNN —With Vice President Kamala Harris the front runner to receive the Democratic Party’s nomination for president, America’s most powerful industry is set to have a candidate on the ballot from its home turf. Harris’ failed 2020 presidential bid received support from various tech luminaries, including Salesforce CEO Marc Benioff and legendary venture capitalist Ron Conway. Despite her friendly relationships with the industry’s leaders, Harris has also pushed for tech accountability in key areas. As vice president, Harris has taken a key role in the White House around establishing safety measures for artificial intelligence, which is widely viewed as the most consequential new technology in decades. In an interview with CNN, Hoffman added: “In Silicon Valley, actually there’s many threads that are very excited about her.
Persons: Kamala Harris, Harris, Sheryl Sandberg, Reed Hastings, Melinda French Gates, Donald Trump’s, Elon Musk, “ There’s, Biden, ” Aaron Levie, , ” Harris, Sean Parker, she’s, Steve Jobs ’, Laurene Powell Jobs, Harris ’, Marc Benioff, Ron Conway, Mark Zuckerberg, ” Jeffrey Sonnenfeld, Trump Harris, Trump, ” Sonnenfeld, I’ve, didn’t, ” Levie, “ Kamala Harris, Reid Hoffman, Hoffman, , – CNN’s Matt Egan Organizations: New, New York CNN —, Democratic, Bay Area, Netflix, White, CNN, Cambridge, OpenAI, Google, Microsoft, Yale School of Management, Trump Locations: New York, Oakland , California, California, White, Silicon Valley, Silicon
Chandra X-ray Observatory Center/NASASo far, Chandra has taken nearly 25,000 observations of the universe. Chandra X-ray Observatory Center/NASAShortly after launch, the observatory focused on what has become an iconic celestial target: supernova remnant Cassiopeia A. Chandra has returned to this feature again and again, revealing new insights each time. Chandra X-ray Observatory Center/NASA“Before Chandra, it was known that there was a sort of diffuse haze of X-ray emission coming from all directions in the sky. The NASA budget allotment for Chandra will gradually dwindle in the coming years, based on the agency’s budget request released in March. Chandra X-ray Observatory Center/NASADespite 25 years spent in space, Chandra remains in good health and virtually all of the spacecraft’s systems are in good condition, Slane said.
Persons: NASA’s Chandra, Chandra, Subrahmanyan Chandrasekhar, Eileen Collins, ” Collins, , Pat Slane, astrophysicists Riccardo Giacconi, Harvey Tananbaum, NASA’s, Slane, Chandra’s, ” Slane, Organizations: CNN, NASA, Center, Astrophysics | Harvard & Smithsonian, Hubble, Telescope, Spitzer, Compton Gamma, “ NASA, Chandra Locations: Columbia, Cambridge , Massachusetts,
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