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Chaudhry, the 65-year-old founder and CEO of cloud security giant Zscaler, has an estimated net worth of more than $11 billion. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Some people get money [and] need to buy five houses and boats and planes and all of this kind of stuff. Owning 100% of your company early on allows you to control your own business decisions, which Chaudhry recommends. "Once you raise money, that's not an accomplishment, that's an obligation," he told Ryan Seacrest in a 2019 interview, "because "now you're reporting to whoever you raised money from."
Persons: Jay Chaudhry, he's, Chaudhry, Jyoti, , SecureIT, I'm, Zscaler, Jay, I've, VCs, Mark Cuban, that's, Ryan Seacrest Organizations: Cuban Locations: India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chair Jay Clayton: Sen. JD Vance is appealing to the everyday AmericanFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss Ohio Senator JD Vance's speech at the Republican National Convention, what a Trump-Vance economic agenda would look like, future of government regulations, and more.
Persons: Jay Clayton, Sen, JD Vance, JD Vance's, Vance Organizations: SEC, American, Ohio, Republican National Convention
Not really," Chaudhry, the billionaire founder and CEO of cloud security company Zscaler, tells CNBC Make It. Together, they plunged their life savings — roughly $500,000 — into SecureIT, a cybersecurity software startup they co-founded in 1997. His timing was perfect: In 1998, Chaudhry sold SecureIT to VeriSign in an all-stock deal worth nearly $70 million. I said, "If [Netscape co-founder] Marc Andreessen could start a company — he was a young guy [right] out of college — why shouldn't I start a company?" It took us a few years to really start getting traction in the market, and VCs can write you off and move on.
Persons: Jay Chaudhry, he'd, Chaudhry, Jyoti, SecureIT, Chaudhry —, , Marc Andreessen, Let's, we'd, Zscaler, you'll, VCs Organizations: IBM, Unisys, CNBC, Netscape, Atlanta, Software, BellSouth, Fortune, Forbes, IDC, Gartner, VCs Locations: India, SecureIT, Atlanta, Alpharetta , Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chair Jay Clayton on Biden's NATO presser: Republican Party was the winner last nightFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss the fallout from President Biden's NATO press conference on Thursday, whether the president should stay in the race, state of the 2024 election, and more.
Persons: Jay Clayton, NATO presser, Biden's Organizations: SEC, NATO, Republican Party, Biden's NATO
This person is one of over a dozen Amazon employees, investors, and analysts that BI interviewed to better understand Jassy's first 3 years as CEO. Andy Jassy replaced Jeff Bezos (pictured here) as Amazon's CEO in July 2021. In his first 3 years as CEO, Jassy has lost many senior staff. Amazon's spokesperson said the company has "strong retention and continuity" among senior leaders. Amazon's spokesperson said the company is making "huge investments" in AI across AWS and the retail business.
Persons: , Andy Jassy, Jeff Bezos, Jassy, Bezos, EMMANUEL DUNAND, Mark Shmulik, Bernstein, Bernstein's Shmulik, He's, Shmulik, Amazon's, That's, spokespeople, Jassy doesn't, Doug Herrington, Jay Carney, Dave Limp, Adam Selipsky, Dave Clark, Clark, Ted S, Babak Parviz, Parviz, Mark Mahaney, We're, Jeff Organizations: Service, Business, Amazon, Washington Post, BI, Warren, Echo, Microsoft, AWS Locations: Seattle
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chairman Jay Clayton on state of the presidential raceFormer SEC Chair Jay Clayton joins 'Squawk Box' to discuss the fallout from the first presidential debate, the state of the presidential race, and more.
Persons: Jay Clayton Organizations: SEC
CNN —The Supreme Court ruled Friday in favor of an Oregon city that ticketed homeless people for sleeping outside, rejecting arguments that such “anti-camping” ordinances violate the Constitution’s ban on “cruel and unusual” punishment. The case centered on “anti-camping” ordinances in Grants Pass, Oregon, that were challenged by several residents experiencing homelessness. “For some people, sleeping outside is their only option.” The city, she said, “punishes them for being homeless. The ordinances barred people from sleeping in public with “bedding,” which can include sleeping bags or bundled-up clothing. In reaction to the Supreme Court’s ruling, housing rights groups came out in full force to condemn the decision.
Persons: Neil Gorsuch, It’s, ” Gorsuch, Gorsuch, , Sonia Sotomayor, ” Sotomayor, , Sotomayor, Theane Evangelis, Elena Kagan, Jesse Rabinowitz, ” Gavin Newsom –, California –, Jay Cheng Organizations: CNN, , US Department of Housing, Urban, National Homelessness Law, National Alliance, Homelessness, Democratic Locations: Oregon, Grants Pass , Oregon, United States, California, Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJudge tosses Exxon lawsuit against activist shareholder Arjuna: Here's what's next for the companyFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss news of a judge ending Exxon Mobil's lawsuit against activist shareholder Arjuna over climate proposal, what's next for the company, and more.
Persons: Arjuna, Here's, Jay Clayton, Exxon Mobil's, what's Organizations: SEC, Exxon
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. 'Largest ever operation against botnets'Europol called the sting the "largest ever operation against botnets, which play a major role in the deployment of ransomware." As part of the operation, the law enforcement agencies shut down at least four malware groups or "droppers" known as "IcedID," "Smokeloader," "Pikabot," and "Bumblebee." Mitrano said "Operation Endgame," is a "very important first step, but we have to keep going." AdvertisementThe "biggest problem" in the malware world, according to Holt, is that there is always a different iteration of malware on the horizon.
Persons: , Adam Wandt, John Jay, botnets, Europol, Christopher Wray, alarmingly, Wandt, Ransomware, Tracy Beth Mitrano, it's, Mitrano, Thomas Holt, cybercrime, Holt, Cybercriminals, Wray, borderless cybercrime Organizations: Service, Business, European Union, FBI, cybercrime, New, John, John Jay College of Criminal, botnets, Cornell University, of Criminal Justice, Michigan State University Locations: Ukraine, Armenia, Europe, cryptocurrency, United States, Holt, ransomware
He also seems increasingly interested in Donald Trump, though he won't come out and say he's formally backing him. So here's another reason for him to move more firmly into the Trump camp: The US Securities and Exchange Commission, currently run by Biden appointee Gary Gensler, keeps dogging him. Caveats: The last time the SEC went after Musk, Trump was in the White House, and Trump appointee Jay Clayton was running the SEC. AdvertisementJust as important: The Journal piece includes lots of to-be-sures from legal experts about the difficulty of the SEC winning a case against Musk. But Musk would certainly prefer not having to go to court to find out.
Persons: , Elon, Joe Biden, Donald Trump, he's, Trump, Biden, Gary Gensler, Tesla, Musk, Jay Clayton Organizations: Service, US Securities and Exchange Commission, Business, SEC, Twitter, SEC hasn't, Musk, Trump
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla shareholders restore CEO Elon Musk's pay: More legal battles to come? Former SEC Chairman Jay Clayton joins 'Squawk Box' to discuss the fallout from Tesla's shareholder vote to restore CEO Elon Musk's pay package, how the result could impact the judge's ruling in Delaware, what's next for Tesla, and more.
Persons: Elon Musk's, Jay Clayton, what's Organizations: SEC, Tesla Locations: Delaware
In his outsider bid for the White House, Robert F. Kennedy Jr. is flanked by a team of unlikely political characters: new age health gurus, anti-vaccine activists, social media influencers, veterans of fringe third-party campaigns, cryptocurrency evangelists and militant environmentalists. Now a Hollywood screenwriter, Mr. Carson, 47, has the résumé of a Democratic insider. He was the press secretary for Hillary Clinton’s 2008 presidential campaign. He worked for Bill Clinton, Chuck Schumer, Tom Daschle, Howard Dean and Michael Bloomberg. But over the past year, he has become a quiet, steadying force behind a candidate who is at war with the Democratic Party.
Persons: Robert F, Kennedy Jr, Jay Carson, Carson, Hillary Clinton’s, Bill Clinton, Chuck Schumer, Tom Daschle, Howard Dean, Michael Bloomberg, Anita Dunn, Biden, , Kennedy, Organizations: White, Democratic, , Democratic Party Locations: Hollywood, Topanga Canyon, Calif
And Veeva's CEO said on his company's earnings call that generative artificial intelligence has been "a competing priority" for customers. Add it all up and it was a brutal week for software and enterprise tech. "Every enterprise software company kind of has adjusted" since after the pandemic, Benioff said on his company's earnings call. "Macroeconomic headwinds are still out there," Okta finance chief Brett Tighe said on the company's earnings call. Veeva CEO Peter Gassner cited "disruption in large enterprises as they work through their plans for AI."
Persons: Marc Benioff, Dell, Salesforce, Benioff, Brett Tighe, Daniel Dines, Dines, Rob Enslin, Tomer Weingarten, Peter Gassner, Gassner, Zscaler, Jay Chaudhry, — CNBC's Ari Levy, FBB, Mike Bailey Organizations: Salesforce, Economic, Computing Fund, Dell, Barclays, CNBC Locations: Davos, Switzerland, Paycom, U.S, UiPath, reprioritize
Zscaler CEO Jay Chaudhry goes one-on-one with Jim Cramer
  + stars: | 2024-05-31 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Zscaler CEO Jay Chaudhry goes one-on-one with Jim CramerZscaler Chairman and CEO Jay Chaudhry joins 'Mad Money' host Jim Cramer to talk quarterly results, its latest AI investments, the state of cybersecurity and more.
Persons: Jay Chaudhry, Jim Cramer Locations: cybersecurity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC chief Jay Clayton breaks down approval of spot ether ETF applicationsJay Clayton, former SEC chairman, joins 'Squawk Box' to discuss the SEC's decision to approve spot Ether ETF applications, what's different about this round of the ETF applications, and if the SEC's news is related in any way to the crypto bill passed in the House of Representatives.
Persons: Jay Clayton Organizations: Former SEC, SEC
“It’s often helpful to think about episodic memory as remembering, whereas semantic memory is just knowing,” he said. To find out whether Eurasian jays are capable of "mental time travel," researchers worked with birds trained to find food hidden under cups. “The idea is that with human episodic memory, we remember details of events that, at the time, weren’t necessarily relevant to anything. This aspect of episodic memory is sometimes referred to as “mental time travel.”To find out whether Eurasian jays are capable of mental time travel, the researchers worked with birds that had been trained to find food hidden under cups. “The big disease of memory is Alzheimer’s disease, and of course, the most debilitating aspect of Alzheimer’s disease is a profound loss of episodic memory,” Crystal said.
Persons: CNN —, , James Davies, Davies, , “ There’s, James Davies Corvids, Nicola Clayton, , advisee, ” Davies, weren’t, didn’t, , I’ll, ’ ” Davies, Jonathon Crystal, ” Crystal, “ It’s, Kate Golembiewski Organizations: CNN, University of Cambridge’s, University of Indiana Bloomington Locations: Chicago
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chair Jay Clayton on meme stocks craze: It bothers me, it is 'certainly not investing'Gabriela Santos, JPMorgan Asset Management chief markets strategist for the Americas, joins 'Squawk Box' to discuss the latest market trends, the risk of hard landing, and more.
Persons: Jay Clayton, Gabriela Santos Organizations: SEC, JPMorgan Asset Management
In New York, a similar but limited pilot program called “B-Heard” dispatches EMTs and trained mental health responders to some emergency calls. 2 minutes, 4 gunshots, and a young life cut shortRozario was in the throes of an apparent mental health crisis when he called 911 on March 27. Another vision for crisis interventionRozario wasn’t the first New Yorker to die at the hands of police while experiencing a mental health crisis. Community Access, a non-profit supporting people with mental health concerns in New York, says at least 26 New Yorkers experiencing mental health crises have been shot and killed by police since 2007. “No mother should have to go through the pain I’m going through,” Rozario’s mother said.
Persons: CNN —, ” Notan Eva Costa, , ” Costa, , general’s, Win Rozario, Rozario, EMTs, Loyda Colón, Utsho, “ Tell, Colón, ” Colón, Michael Alcazar, Kawaski Trawick, Deborah Danner, Mohamed Bah, Jeremy Gates, Evan Thompkins, ” Arvind Sooknanan, Sooknanan, Ken Zimmerman, Fountain, they’ve Organizations: CNN, New, New York City, Rozario, NYPD, Justice, John Jay College of Criminal, Eugene Police Department, White Bird Clinic, , STAR, Fountain House Locations: Queens, New York, New York City, Eugene , Oregon, Denver , Colorado, South Dakota, Rozario, Alcazar, Eugene, Springfield , Oregon, Colorado, Denver, Fountain
Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.
Persons: , Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chair Jay Clayton: Groups are using company's brands to promote their own agendaFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss corporations rethinking their political donations ahead of the Republican National Convention this summer, corporate donations in politics, state of the 2024 election, and more.
Persons: Jay Clayton Organizations: SEC, Republican National Convention
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chairman Jay Clayton: Antisemitism has deep roots on college campusesFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss the recent wave of anti-war protests sweeping across college campuses, rise of antisemitism at universities, role of the business community, and more.
Persons: Jay Clayton Organizations: SEC
He knows the GBI money will help him breathe a little easier. Uplift Harris' program will begin payments in the meantime, according to the office of Precinct 1 Commissioner Rodney Ellis. Uplift Harris participants hope the program will make them more financially stableGuaranteed basic income is an increasingly popular solution to combat poverty in US cities. GBI participants have previously told BI that they used the funds to secure housing and food, pay off debt, and afford school supplies for their children. Have you benefited from a guaranteed basic income program?
Persons: , Delwin Sutton, doesn't, Sutton, Ken Paxton, Harris, Paxton, Rodney Ellis, Sutton doesn't, Dustin Palmer, We've, Palmer, Jay Carter, isn't, Carter, Still, Harris County Attorney Christian D, Menefee Organizations: Service, Business, Harvard, Yale, Texas Attorney, Services, American, Republican, Harris County Attorney, Austin, South Dakota Republicans, doesn't Locations: Houston, Harris, Harris County, GBI, Texas, Austin, San Antonio, El Paso County, The Arizona, South Dakota, Iowa
A City Tries to Measure the Violence It’s Preventing
  + stars: | 2024-04-22 | by ( Mark Obbie | ) www.nytimes.com   time to read: +31 min
Headway A City Tries to Measure the Violence It’s Preventing In Baton Rouge, a public safety experiment could help to answer a critical question: Do community efforts to reduce street violence work? Like Ms. Robinson, Ms. Tate-Alexander, 48, raised her family in Baton Rouge. Baton Rouge became the first city outside New Jersey to be tutored in the Newark method. Calming the urge to retaliateBy June 2021, when Ms. Tate-Alexander started assembling the street team, Ms. Robinson joined up. At first, Ms. Robinson and Ms. Tate-Alexander seemed wary when I asked about him.
Persons: Angel Hawkins, Liz Robinson, Sateria Tate, Alexander, Tamikka, Liz, Louis Robinson’s, Louis Jr, Robinson, , , ’ ”, Louis, Louis BadAzz, , Louis Robinson Jr, , Murphy Paul, Paul, Sharon Weston Broome, Alton Sterling, , Karan Deep Singh, Kathleen Flynn, Biden, Nina Revoyr, Ms, Tate, Aqeela Sherrills, Sherrills, Terrell, Mr, Aqeela, Courtney Scott, . Tate, ” Ms, Gerald Haynes, Haynes, hotheads, Khoury Brown, Geaux, he’s, Geaux Yella, Darius Crockett, Crockett, Kayla Atkins, Markel, Atkins, ” Mr, “ I’m, “ I’ll, ” Markel, Atkins’s, Gary Slutkin, Jeffrey A, Butts, John Jay, Dr, Scott, “ We’re, It’s, They’ll, that’s, interventionists, Stacy Adams fedora, George Floyd, Weeks, brutalized, Paul’s, Thomas S, Morse, Dy’Lan Fillmore, Mitchell, Fillmore, Robinson’s Organizations: The New York Times, Army, Louisiana State Police, Police, Baton Rouge Police Department, Centers for Disease Control, National Institute for Criminal, Ballmer Group, Baton, Bloods, Biden White House, Markel, Research, John, John Jay College of Criminal, Statistics, University of California, Newark, Metropolitan, Murphy Paul Rally, Mr Locations: Baton Rouge, La, Iraq, Afghanistan, Black, United States, , Federal, Newark, N.J, Watts, Los Angeles, New Jersey, Chicago, Baton
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJay Clayton: Tesla's Musk pay package vote is also about the retention of Elon Musk going forwardFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss news of Tesla asking shareholders to vote again on Elon Musk's $56 billion pay package, what's at stake in the vote, and more.
Persons: Jay Clayton, Tesla's, Elon Musk Organizations: SEC, Elon Musk's
Mimicking the style, they built three overwater bungalows to join the garden and pool bungalows that also filled the Raiatea property in 1967. Overwater bungalows in the lagoon of Bora Bora. But building an overwater bungalow in the Caribbean can be a hard task to accomplish, Danny Kalenov, the developer behind Six Senses Belize, an overwater bungalow resort that's set to open in 2026, told BI. In 2016, the Sandals Resort in Montego Bay, Jamaica, became the first overwater bungalow resort in the area. AdvertisementToday, Dream Overwater has cataloged nine Caribbean locations home to more than a dozen overwater bungalow resorts.
Persons: , Vaihiria Kelley, — Jay Carlisle, Hugh Kelley, Donald McCallum —, Kelley, Jay Carlisle, Donald McCallum, Raiatea didn't, Ronan McLoughlin, Jason Toms, Toms, Lucy Rudgard, Scott Dunn, overwater, McLoughlin, Bora Bora, Matteo Colombo, Danny Kalenov, they've, Kalenov, It's, Vincent Organizations: Service, Life Magazine, Tourism, Bali Hai Boys, Audley Travel, Getty, Senses, Royalton Chic, Grenadines Locations: Tahiti, California, Moorea, Bali, Boys, Raiatea, Huahine, That's, Polynesia, Maldives, Bora, Bora Bora, French Polynesia, Caribbean, Senses Belize, Montego Bay, Jamaica, Royalton, Royalton Chic Antigua, St
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