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☆ FTX sues Sam Bankman-Fried’s parents
▼ + stars: | 2023-09-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Bankrupt crypto exchange FTX is suing founder Sam Bankman-Fried’s parents, accusing them of siphoning millions of dollars in company funds to enrich themselves and their “pet causes.”The lawsuit aims to recover funds that the company claims were “fraudulently transferred and misappropriated” by Bankman-Fried’s parents. FTX collapsed into bankruptcy in November last year as questions about its finances rattled crypto markets and prompted a sudden, massive drawdown of customer funds. Despite Bankman-Fried’s assertions that his parents weren’t involved in “any of the relevant parts” of FTX, the lawsuit claims that his parents played a role from the beginning. She described herself as her son’s “partner in crime of the noncriminal sort,” the lawsuit claims. In April, FTX told the bankruptcy court it had recovered $7.3 billion in assets.

Persons: Sam Bankman, “, Joe Bankman, Barbara Fried, Fried, Joe, Barbara, FTX, weren’t, Bankman, …, ” Fried, Fried’s, John J, Ray III, ”, Ray Organizations: New, New York CNN, Stanford, Southern, of, Bankman, FTX Group, Super Bowl, Alameda Research Locations: New York, of New York, Bahamas, FTX

☆ iOS 17 release: See what’s new in iPhone features
▼ + stars: | 2023-09-18 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +5 min

iPhone users can update to iOS17 starting Monday by clicking on the Software Update section in the phone’s Settings app. Here are some of the buzziest and most-anticipated new features that iPhone users can expect from iOS17. This allows iPhone users to design a custom image that will show up when making calls. iPhone users will also be able to personalize their contact card “poster” with a photo or memoji of choice. iPhone users will also now receive predictive text recommendations in-line as they type, making adding entire words or completing sentences as easy as tapping the space bar.

Persons: iOS17, FaceTime, Facetime, Hey, Siri ”, “ Hey Siri, Siri, “, Shaquille O’Neal, “ Siri, Apple, Craig Federighi, TS6YzyXi30, Greg Joswiak Organizations: CNN, Conference, “ Locations: iOS17

☆ VCs don't care as much about Y Combinator's Demo Day anymore
▼ + stars: | 2023-09-06 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

Y Combinator's Demo Day used to be the hottest in-person early-stage event in Silicon Valley. For early-stage venture capitalists, few days on the calendar used to compare to Y Combinator's biannual Demo Day. "All of the funds try to go meet the best YC companies before Demo Day," the same investor told Insider. When asked about startups raising before Demo Day, Y Combinator president and CEO Garry Tan told Insider in an emailed statement that "lots of the best companies raise at Demo Day and after." "Coinbase, Instacart, Whatnot, Rappi, Airbyte, Retool — you could have gotten into their rounds at Demo Day.

Persons: It's, Erik Bruckner, Y, Garry Tan, it's, Bruckner, They're, Y Combinator, Jeff Weinstein, Combinator, Tan, haven't Organizations: YC, Bruckner Ventures, FJ Labs Locations: Silicon Valley, Columbus , Ohio

☆ A country slightly bigger than Texas is projected to match the US population by 2050 — and it shows how radically the world is changing
▼ + stars: | 2023-08-20 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

The rise is in contrast to a growing number of countries that will experience population declines. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyIt was recently World Population Day. "The population growth is, of course, partly explained by improvement in level and access to public health," Amare said. Michael Herrmann, an economic adviser with the United Nations Population Fund, told Africa News that without proper planning, it could be difficult to care for, educate, and employ a population growing that fast. "They want to create full employment for the people, and a growing population can raise the stakes in these efforts.

Persons: António Guterres, it's, Tighisti Amare, Amare, Michael Herrmann, Hermann Organizations: Service, United Nations, Google, Africa, Chatham House, United Nations Population Fund Locations: Nigeria, Wall, Silicon, India, China, Japan, Germany, Pakistan, Indonesia, Texas, Africa, London

☆ Creator merch startup Fanjoy has filed for bankruptcy
▼ + stars: | 2023-08-16 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +3 min

Creator merch startup Fanjoy has filed for Chapter 11 bankruptcy, a court filing showed. Creator merch startup Fanjoy filed for Chapter 11 bankruptcy this month, according to a court filing viewed by Insider. Then around 2017, Fanjoy pivoted its business model to selling merch for YouTube creators and other internet stars . Fanjoy isn't the first creator-focused merch company to face challenges in recent months. Creators told Insider at the time that Spring had struggled with its business, including with shipping delays and late payments.

Persons: Fanjoy, Elyse Myers, Kian, Myers, We've, Chris Vaccarino, Vaccarino, Jake Paul, David Dobrik, Tana Mongeau, Addison Rae Organizations: JC, YouTube, Spring

☆ 'Loud laboring' and 'quiet thriving' rank among the buzziest workplace trends. Here's what you should know.
▼ + stars: | 2023-08-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Quiet quitters and grumpy stayers grabbed headlines, but other workplace trends are gaining steam. More recently, "quiet thrivers" and "loud laborers" have been enjoying their time in the spotlight. Now, new trends such as "quiet thriving," "loud laboring," and "lazy girl jobs" are picking up steam. 'Loud laboring'"Loud laborers" sit among quiet quitters and grumpy stayers in modern workplaces. Dubbed the noisier cousin of quiet quitters, you are more likely to find "loud laborers" discussing their work rather than actually getting on with it.

Persons: stayers, Lesley Alderman, Insider's Sawdah Bhaimiya, Alderman, it's, demotivated, Nicole Price, TikToker Gabrielle Judge, Marc Cenedella Organizations: Service, LinkedIn, CNBC Locations: Wall, Silicon, Washington

☆ 'Loud laborers,' the irritating cousins of quiet quitters, may be affecting morale at work
▼ + stars: | 2023-08-09 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

"Loud laborers" have been dubbed the noisier cousins of quiet quitters. You may be working with "loud laborers." "Loud laborers" have been dubbed the noisier cousins of quiet quitters, workers who refuse to bend to the level of overworking expected in corporate America. More recently, Nicole Price, a leadership coach and workplace expert, also discussed "loud laborers." She said: "Loud laborers are often quite politically savvy and are very active on professional social networks, where they publicize their tasks and achievements."

Persons: André Spicer, Spicer, Nicole Price, Price Organizations: CNBC, Service, Bayes Business, The Guardian, Guardian, Workers Locations: Wall, Silicon, America

The latest rival, Threads, was launched by Facebook-parent Meta and got a stunning start earlier this month. Facebook … when you’re looking for community (or used furniture)With more than 2 billion daily users around the world, it’s tricky to describe the stereotypical Facebook user. Pinterest … when you’re looking for inspirationPinterest lets users easily search for and organize visual-heavy inspiration on a wide range of creative topics. Twitter (aka X) … when you’re looking for what’s going on (for now)For years, Twitter was a central hub for real-time news. Threads … when you’re looking for musings from your favorite influencers, celebs and journalistsThe latest Twitter competitor, Threads, was launched by Facebook and Instagram parent company Meta.

Persons: Elon Musk, Instagram, it’s, Pinterest, “, Snapchat, Charlie, “ David, ”, Nextdoor, Twitch …, Long, Donald Trump, Reddit, Musk, influencers, Jack Dorsey, Alexandria Ocasio Cortez, Chrissy Teigen Organizations: CNN, Facebook, —, YouTube, LinkedIn, Capitol, Trump, Twitter, Meta, Democratic Rep Locations: Italy

☆ How AI startup Runway aims to simplify video editing and filmmaking, from removing backgrounds to generating scenes from text prompts
▼ + stars: | 2023-07-17 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

The buzzy generative-AI startup Runway wants to revolutionize video creation and editing. Filmmakers and creators have been using the startup to make video editing more efficient. All sorts of AI startups are cropping up with the promise of simplifying video creation and editing. In traditional video editing, this would be done frame by frame, but Runway's AI can do it automatically. "This is a perfect example, the video required the initial iPhone shot that he recorded and the text prompts," Valenzuela said.

Persons: Cristóbal Valenzuela, It's, Ben Mathews, Valenzuela, Stephen Colbert, Oscar, Quinn Murphy, popstar Alicia Keys, Murphy, Kevin Parry, Runway's, Martin Haerlin, Paul Trillo, it's Organizations: Ventures, Runway, Netflix, Star Wars, Wars

Musk and Meta enter the A.I. ringThe rivalry between Mark Zuckerberg and Elon Musk won’t be confined to social media posts or a cage fight. Meta is further along than Mr. Musk in developing a commercial A.I. The social media giant is set to release an open-source version of its A.I. Well before Meta took a turn into the metaverse, the firm’s programmers developed LLaMA, an A.I.

Persons: Mark Zuckerberg, Elon Musk, Meta, Yann LeCun Organizations: Meta, Microsoft, Google, Financial Times, OpenAI Locations: buzziest

☆ The brain drain at tech companies is already bad and as Elon Musk's poaching of AI experts shows, it's only going to get worse
▼ + stars: | 2023-07-13 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

A brain drain among tech companies brain is underway right now, driven by the popularity of AI. Tech firms are pretty obsessed with AI right now. Even before ChatGPT's launch, Google workers seemed fed up and decided to jump ship to OpenAI to help launch ChatGPT. Meanwhile, Musk's somewhat modest ambition for his new AI company to "understand the true nature of the universe" could prove alluring to tech bros who think that's what AI should be used to accomplish. Tech firms will want to ensure their AI projects make them the top pick.

Persons: Elon, xAI, Elon Musk, Google –, Igor Babuschkin, Manuel Kroiss, Guodong Zhang, Yuhuai Wu, Zihang Dai, Christian, Kyle Kosic, chatbot Bard, OpenAI's, haven't, Shona Ghosh, isn't, there's Organizations: Workers, Elon Musk's, Morning, Tech, Google, ChatGPT, Microsoft Locations: Silicon, America

☆ How AI startup Runway is trying to make content creation faster and easier, according to its cofounder
▼ + stars: | 2023-07-13 | by ( Marta Biino | ) www.businessinsider.com time to read: +4 min

The buzzy generative-AI startup Runway wants to revolutionize video creation and editing. Filmmakers and creators have been using the startup to make video editing more efficient. All sorts of AI startups are cropping up with the promise of simplifying video creation and editing. Valenzuela said Runway's research focuses on making storytelling easier in two ways: helping to "see the world" with video editing, and "generating things in the world" with content generation. In traditional video editing, this would be done frame by frame, but Runway's AI can do it automatically.

☆ A country slightly bigger than Texas is projected to match the US's population by 2050 — and it shows how radically the world is going to change over the next three decades
▼ + stars: | 2023-07-11 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

It's World Population Day. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyHappy World Population Day. "The population growth is, of course, partly explained by improvement in level and access to public health," Amare said. Michael Herrmann, an economic adviser with United Nations Population Fund, told Africa News that without proper planning it can difficult to care for, educate, and employ a population growing that fast. "They want to create full employment for the people, and a growing population can raise the stakes in these efforts.

☆ It's not just Tesla and Rivian — electric batteries are also shaking up the landscaping aisle
▼ + stars: | 2023-06-30 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

In this article LOWHD Follow your favorite stocks CREATE FREE ACCOUNTSome landscaping crews have begun to use battery-powered tools. Outdoor power equipment drives just a small fraction of the retailers' sales, said Zack Fadem, an analyst for Wells Fargo. Yet several more recent factors have increased interest in electric power for landscaping. Tractor Supply , a home improvement player that tends to be in rural areas, has been slower to add battery-powered outdoor equipment. At TPC Sawgrass in Florida, the landscaping crew has tried out an autonomous battery-powered mower and uses some electric leaf blowers.

Persons: Lowe's, Zack Fadem, Wells, Bill Boltz, Melissa Repko, Billy Bastek, John Deere, Stanley Black, Decker, Mary Winn Pilkington, it's, Jeff Plotts Organizations: Home Depot, Power Equipment Institute, CNBC, Technology, California Air Resources Board, Tractor, TPC Sawgrass Locations: California, Wells Fargo, New York City, Canada, Home, Los Angeles, Las Vegas, Toro, Ryobi, Milwaukee, Florida

☆ Exclusive: How this under-the-radar VC landed a $27 million third fund and bets in some of the buzziest startups like Jasper and Motherduck
▼ + stars: | 2023-06-21 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +5 min

Essence VC has raised its third fund of $27 million from LPs like Cendana and Sapphire Ventures. The fund has bet on buzzy startups like generative AI darling Jasper and a16z-backed Motherduck. And now, his firm Essence VC has just raised its $27 million third fund. The latest fund, backed by VC firms and funds of funds including Cendana Capital, Vintage Investment Partners, Sapphire Ventures, Level Ventures, and Crossover, follows a $7 million and $1 million fund. However, the "first-mover advantage" for startups also holds true in the land of VC, Chen says.

Persons: Jasper, Tim Chen, you've, Liz O'Sullivan, Vera, Chen, Scott Shi, —, Chi Zhang, Tim, Zhang, funder Chen, Christos Kozyrakis, Michael Huang, They're, it's, Ben Van Roo, Van Roo, Chen wasn't Organizations: Sapphire Ventures, Cendana, Vintage Investment Partners, Level Ventures, Founders, Stanford, Cloudera, Google Locations: a16z

☆ Gucci’s horsebit loafer is still a coveted status symbol 70 years on
▼ + stars: | 2023-06-08 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

Despite their vastly differing personal styles and occupations, they have all been spotted in a pair of Gucci horsebit loafers. In mid-June, coinciding with the menswear shows at Milan Fashion Week, Gucci will stage an exhibition celebrating the legacy of its signature loafer. In 1974, George H. W. Bush wore a pair of horsebit loafers to meet then-President Gerald Ford. Through the decadesThe success of Gucci’s horsebit loafers has been far-reaching, and the secret to their ongoing relevance may lie in the shoe’s versatility. The horsebit loafer is Gucci’s answer to the near-philosophical question: What shoes do I wear?

Persons: George H, Bush, ’, Jane Birkin, Wiz Khalifa, Gucci horsebit, Gucci, loafers, Gerald Ford, David Hume Kennerly, Birkin, Francis Ford Coppola, Sophia Loren, Charlotte Casiraghi, Jodie Foster, Brad Pitt, Zoe Kravitz, Gigi Hadid, Guccio Gucci —, —, Aldo, Rodolfo, Vasco, Guccio, Serge Gainsbourg, Gucci’s, Alessandro Michele, JB Lacroix Organizations: CNN, Metropolitan Museum of, Milan Fashion, Golden Globe, MTV VMA, Savoy, Wall Locations: Cannes, Monégasque, London, Florence, Italy, New York, France

☆ 'AI' is trending in Google searches — but it's not yet to the peak reached by Bitcoin in 2017
▼ + stars: | 2023-06-01 | by ( Asia Martin | ) www.businessinsider.com time to read: +2 min

"AI" is trending in Google searches, but it hasn't yet hit the peak seen by Bitcoin in 2017. An Alliance Bernstein analyst crunched the numbers using Google Trends data. Schilsky's report shows a line chart comparing three search terms: "AI," "metaverse," and "Bitcoin." A screen grab from Google Trends shows what Alliance Bernstein analyst Mark Schilsky pointed out to clients: The peak of search volume for "Bitcoin" is higher than the peak of search volume for "AI" so far. With the trendline for "AI" searches — and its apparent inevitable march to be an ever-more important part of our lives — it's likely only a matter of time before it surpasses "Bitcoin" for search volume.

Persons: Bitcoin, Alliance Bernstein, crunched, Bernstein, Mark Schilsky's, Mark Schilsky, Mark Zuckerberg's, — it's, we're Organizations: Alliance, Google

☆ 10 Things in Tech: Amazon Prime versus Walmart Plus, BMW adds gaming to its luxury sedan, and Nvidia enters the trillion-dollar club
▼ + stars: | 2023-06-01 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +3 min

Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai Aly Song/Reuters1. Amazon Prime vs. Walmart Plus. Meanwhile, Amazon Prime has more streaming content and access to its infamous Prime Day. Carnival Cruise Lines ships in Marseille. Man who went overboard on a Carnival cruise ship is still missing.

Persons: I'm, Siu, Z, Elana Klein, Elon Musk, Shanghai Aly Song, Elon, —, Nicole Miranda, Gerard Bottino, Ronnie Lee Peale Jr, Caleb Hammer, Diamond Naga Siu, Alistair Barr, Nathan Rennolds Organizations: Tesla, Nvidia, Google, Amazon, Walmart Plus, Walmart, BMW, Cruise Locations: Tesla China, Shanghai, China, Beijing, Marseille, Jacksonville , Florida, San Diego, San Francisco, London

☆ Sam Altman says a government agency should license AI companies — and punish them if they do wrong
▼ + stars: | 2023-05-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman suggested that a government agency should be formed to oversee AI safety. Such an agency could give licenses to companies for advanced AI work — and revoke them. OpenAI CEO Sam Altman told a Senate panel on Tuesday that there should be an agency to police AI projects that operate "above a certain scale of capabilities." "I think if this technology goes wrong, it can go quite wrong," Altman said during in the hearing. Altman, 38, is one of its founders, along with Elon Musk, who has since parted ways with the organization.

☆ What to know about Bluesky, the Twitter alternative that some celebrities and journalists are joining
▼ + stars: | 2023-05-08 | by ( Kalhan Rosenblatt | ) www.cnbc.com time to read: +5 min

While Bluesky's beta was made public in February, buzz surrounding the platform grew in April as more Twitter users began posting about flocking there. Although the Bluesky app has many similarities to Twitter, its key difference is that it is organized around a decentralized system. One person even claimed to sell Bluesky invite codes for more than $190 on eBay. The Bluesky app racked up 375,000 downloads on iOS worldwide as of Wednesday, according to analytics firm Data.ai. Jordan Uhl, a progressive activist with more than 271,000 followers on Twitter, joined Bluesky on April 14.

☆ These are the most popular internships Gen Z is looking for—tech isn’t No. 1
▼ + stars: | 2023-05-04 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

As college graduation season nears, new data shows a growing number of people are considering taking internships after school. increased by 1,850% between January 2021 and March 2023, according to Google search data from Semrush provided to CNBC Make It. As for the most popular internships of recent years, the top 10 most searched-for intern roles from January 2021 to March 2023, based on Semrush data, include:Accountant internships Graphic designer internships Mechanical engineer internships Psychologist internships Engineer internships Data analyst internships Electrical engineer internships Social worker internships Civil engineer internships Nurse internshipsEconomic instability in recent years could be driving people, not just students, to consider jobs in less volatile sectors, says Eugene Levin, president at Semrush. Meanwhile, some nontraditional roles outside the office have seen the fastest-growing search interest since the early days of the pandemic, according to Semrush data. Check out: The top 10 buzziest companies Gen Z wants to work for—none of them are in Big Tech

☆ Measurement Messiness Complicates TV’s Annual Sales Season
▼ + stars: | 2023-05-01 | by ( Megan Graham | Patrick Coffee | ) www.wsj.com time to read: 1 min

ABC late-night host Jimmy Kimmel hosted Disney’s annual presentation to ad buyers last May. Photo: Disney General EntertainmentMedia companies are preparing to spotlight their buzziest television shows at the TV industry’s annual advance-sales presentations to advertisers, but marketers may be more preoccupied with measuring how many people watch and how to translate that into deals. Veteran players like Comcast Corp.’s NBCUniversal and newer platforms such as Netflix Inc. will try to win over ad buyers during star-studded “upfront” pitches in mid-May at New York City venues including Radio City Music Hall and the Paris Theater. Before that, tech players including Amazon.com Inc., Snap Inc. and Roku Inc. will kick off the selling season with their so-called NewFronts events this week.

☆ The top 10 buzziest companies Gen Z wants to work for—none of them are in Big Tech, says new report
▼ + stars: | 2023-05-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +5 min

The graduating class of 2023's desire for stability in an uncertain economy is dictating where they want to work most after college. It's hard to escape unrelenting news of tech layoffs in recent months, including major staff cuts from Meta, Google, Amazon, Microsoft and many others. "They're gravitating toward companies that offer solid benefits, career pathing and a level of stability they've been looking for." Most young professionals plan to pick up new tech skills for their careersThough search interest for major tech companies dropped, Cruzvergara says today's grads are more likely than their predecessors to be interested in jobs that require tech skills. New college grads feel confident they have the skills they need to get the job they want but also plan to develop new tech skills on the job or after hours.

☆ VCs are scrambling to invest in AI startups in Y Combinator's latest class: 'There's hysteria for a reason'
▼ + stars: | 2023-04-24 | by ( Stephanie Palazzolo | Madeline Renbarger | ) www.businessinsider.com time to read: +5 min

VCs are scrambling to back the AI startups in Y Combinator's latest batch. Several generative AI startups have already secured funding from top firms, sources say. And while valuations are down across the board, YC AI startups are still hot. Startups focused on AI, and generative AI specifically, which saw a substantial jump in the latest batch, were some of the most highly sought after by investors. An AI feeding frenzyVC buzz was common across generative AI startups both in the application and infrastructure layers.

☆ The viral new ‘Drake’ and ‘Weeknd’ song is not what it seems
▼ + stars: | 2023-04-19 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +9 min

CNN —One of the buzziest songs recently circulating on TikTok and climbing the Spotify charts featured the familiar voices of best-selling artists Drake and the Weeknd. But there’s a twist: Drake and the Weeknd appear to have had nothing to do with it. The viral track, “Heart on my Sleeve,” comes from an anonymous TikTok user named Ghostwriter977, who claims to have used artificial intelligence to generate the voices of Drake and the Weeknd for the track. The original TikTok video has seemingly been taken down, and the song has since been removed from streaming services including YouTube, Apple Music and Spotify. Taryn Southern’s debut song “Break Free,” which was composed and produced with AI, hit the Top 100 radio charts back in 2018, and VAVA, an AI music artist (i.e.

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