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☆ Inside LinkedIn's new push to use AI tools to amplify — not replace — creators' voices
▼ + stars: | 2023-04-28 | by ( Reed Alexander | ) www.businessinsider.com time to read: +8 min

LinkedIn sees potential for AI to amplify — not replace — creators' voices. Firmly of the view that artificial intelligence technology can augment and amplify those users' voices — not replace them — LinkedIn is eyeing opportunities in the burgeoning space. LinkedIn's collaborative articles begin with a thread generated with the help of AI, and then invite select users to contribute their perspective. Enter collaborative articles, which invited the several dozen teachers to offer up ideas like exhibiting "vulnerability" in the classroom. Think of these seminars like LinkedIn's version of Master Classes on topics like generative AI, machine learning with Python, and AI accountability.

☆ Y Combinator's head of admissions is reviewing over 20,000 startups for its summer 2023 cohort. Here's what she's looking for.
▼ + stars: | 2023-03-29 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +6 min

For early-stage founders looking to grow their startups in an accelerator, few names spark as much excitement as Y Combinator. Several of Silicon Valley's marquee companies are Y Combinator graduates, including Airbnb, Stripe, and Dropbox. While the number of startups that were part of last year's summer cohort were down 40% from the previous batch, this winter batch had 17.5% more startups accepted, said a Y Combinator spokesperson. Now, Y Combinator is looking ahead to its next batch, accepting applications for the summer 2023 cohort, which are due by April 7th. Stephanie Simon, the head of Y Combinator's admissions team, wants founders to know she's still sifting through all those applications.

☆ New York Yankees name homegrown prospect Volpe to Opening Day roster
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +1 min

[1/2] Mar 24, 2023; Tampa, Florida, USA; New York Yankees shortstop Anthony Volpe (77) is congratulated in the Yankees dugout after hitting a two run home run in the third inning against the Minnesota Twins at George M. Steinbrenner Field. Mandatory Credit: Dave Nelson-USA TODAY SportsNEW YORK, March 26 (Reuters) - Top prospect Anthony Volpe was named to the New York Yankees' Opening Day roster, manager Aaron Boone said on Sunday, a dream come true for the 21-year-old homegrown shortstop who grew up idolizing the team. "I think when we take a step back and evaluate, he really checked every box that we could have had for him." The Yankees take the field for their regular season at home on Thursday against the San Francisco Giants. Reporting by Amy Tennery in New York; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ I run a multimillion-dollar slime business at 19. Here's how I got started in middle school with only $200.
▼ + stars: | 2023-03-23 | by ( Lola Christina Alao | ) www.businessinsider.com time to read: +7 min

Jungmin Kang started making slime out of Elmer's glue and borax as a hobby when she was 13. I started making slime in 2017 when I was a 13-year-old middle schooler after watching a video on Instagram. I realized that you could easily make it with glue and slime activator, which is borax diluted in water. When Jungmin started high school, it became difficult to balance the business with her education. Being a business owner has taught me about persistenceWhen I started, some of my classmates called slime childish and ridiculous.

☆ Investors need to embrace these stocks that we love
▼ + stars: | 2023-02-12 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

I’ve typically done this stock picking feature in early to mid February as a Stocks We Love type of story, pegging it to Valentine’s Day. The restaurant stocks in particular could do well. Inflation is obviously still a concern for big consumer brands. Consumer prices rose 6.5% over the past 12 months through December, down from a 7.1% pace in November. Up nextMonday: Earnings from TreeHouse Foods (THS), Avis Budget (CAR), FirstEnergy (FE), IAC (IAC) and PalantirTuesday: US CPI; Japan GDP; UK employment report; earnings from Coca-Cola, Asahi Group, Marriott (MAR).

☆ 'Identity capital' is the key to getting your dream job and making friends in your 20s, according to Gen Z and millennials on TikTok
▼ + stars: | 2023-02-11 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +8 min

Young professionals on TikTok are advocating for building "identity capital" to get ahead at work and in life. Identity capital has a lot more to do with connections and relationships and community." "I think of identity capital as anything you do that adds value to who you are," Jay told Insider. "The personal resources acquired developmentally become important," Côté wrote in one 2012 paper, with those personal resources being the experiences that make up identity capital; he calls identity capital the "black box of agency" where there is none. "I don't think identity capital is only valued to the extent that it's seen as profitable," she said.

☆ The founder behind ChatGPT once gave a lecture on how to launch a startup. It's still required viewing 9 years later.
▼ + stars: | 2023-02-06 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

He gave a lecture at Stanford in 2014 explaining what it takes to build a successful startup. Aspiring founders today still find his advice on things like coming up with great ideas relevant. The best ideas are often the ones that seem like bad ideasAltman also told aspiring founders that good startup ideas are often considered seem like bad ideas for a while. "Most die because they themselves fail to make something users love; they spend their time on other things." Once you've gained those users, Altman said, it's important to listen to them and learn everything you can about them.

☆ 2 ex-investment bankers decided to get their hands dirty in the construction industry. Here's how they took an unusual approach to launching their startup and went on to raise $3.1 million.
▼ + stars: | 2023-01-26 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Construction-tech startup Suppli has raised $3.1 million in seed funding led by Equal Ventures. But his new startup, Suppli, is also at the forefront of a hot investment trend this year. Suppli, which makes credit-management tools for companies that sell and procure construction materials, has raised a $3.1 million seed round led by Equal Ventures. Having that customer list turned out to be critical a year later as they raised their seed round, Ayers said, given the shift to caution among investors. That's the same opportunity Skafidas and Ayers saw when they decided to take the plunge into entrepreneurship.

Moeller-Maersk and Mediterranean Shipping Co. created the so-called 2M alliance in 2015 to help them reduce costs by sharing cargo on major ocean routes. Rivals formed similar partnerships, creating the Ocean Alliance and THE Alliance. Global trade volumes fell 9.5% year over year in November 2022, according to London-based Container Trade Statistics, and global shipping rates have been sliding at a steep pace since early last year. He said the winding down of 2M raised questions over the future of the other two alliances, Ocean Alliance and THE Alliance. So the in-transit issues and all the penalties have pretty much faded away.”Target said in an email that it renegotiates its shipping rates regularly.

☆ It's not all gloom and doom on Wall Street. Here's where finance firms are still hiring.
▼ + stars: | 2023-01-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

For many on Wall Street, those questions are top of mind. Insider's finance team canvassed more than a dozen recruiters to get their takes on the job market. From investment banking to hedge funds to fintechs, here's who's hiring and who's at risk of making more cuts. Click here to read more about the hiring landscape across Wall Street, from banks to hedge funds and fintechs. We've got a list of the best and worst US airlines, according to The Wall Street Journal.

☆ Happy New Year! In 2023 kick out Trump, Elon Musk, Kanye and Depp
▼ + stars: | 2023-01-01 | by ( Lynn Stuart Parramore | Lynn Stuart Parramore Is A Cultural Historian Who Studies The Intersection Of Culture | Psychology | ) www.nbcnews.com time to read: +9 min

Though in far different fields, men like Ye (formerly known as Kanye West), Elon Musk, Donald Trump, Johnny Depp and Sam Bankman-Fried will forever be linked by this ignominious characteristic. Over the past 12 interminable months, America has witnessed the rantings of Hitler-loving Ye; Musk’s edgelord trolling on his new plaything, Twitter; Depp and his toxic TikTok fanboys; and Trump being Trump on any given day. While seemingly not vain like Ye or Depp or openly thuggish like Trump and Musk, he nonetheless exhibits traits that point to something sinister behind the “just-a-regular-dude” persona. Trump seems to be losing ground, and Republicans on the House Judiciary Committee finally took down their “Kanye. Musk asked Twitter users whether he should step down as CEO, and they voted “yes.”Unfortunately, until we address roots causes, there will always be another blustering bully, another Trump, another Ye.

☆ The VC dream machine pumped out one dumb startup after another. 2023 should put an end to that.
▼ + stars: | 2022-12-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

2023 should curtail the current flow of bad startup ideas. The way it roughly works is to bet millions across lots of startups in the hope one of them blows up and returns that cash. 'Fewer insane ideas'We are no longer in a low-interest-rate market, meaning startup investors who could once rely on generous backers will have to be more cautious about how they spend their money. They do have lots of money, with an estimated $290 billion of capital available to them in October, according to Pitchbook data. But Kniaz senses a shift in motion: "This next year will show which emperor has clothes on or not.

☆ Who's afraid of Wells Fargo?
▼ + stars: | 2022-12-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —Wells Fargo reached a $3.7 billion deal with regulators over the bank’s “widespread mismanagement” that allegedly hit more than 16 million consumer accounts. KEY CONTEXTSadly, all of this echoes earlier reports about Wells Fargo’s practices that have emerged since 2016, when its fake-accounts scandal made national headlines, my colleague Matt Egan writes. Wells Fargo workers ended up creating millions of bank accounts for customers without their knowledge. Chopra described Wells Fargo as a “repeat offender” and a “corporate recidivist,” adding that Tuesday’s fine is just an initial step toward holding the bank accountable. The web of scandals at Wells Fargo is massive, and after six years of fallout, a lot of folks aren’t convinced the bank can save itself.

☆ World Cup memorabilia proves a big draw for football fans in Qatar
▼ + stars: | 2022-12-09 | by ( Philip O'Connor | ) www.reuters.com time to read: +4 min

We moved back to Qatar but the love for collecting sports memorabilia stayed with me ever since," Esmael told Reuters, explaining the genesis of the collection. A former player for Qatar's national youth teams, Esmael saw the tournament as a perfect opportunity to share their collections with the world. "Me and my brother Khalid, who is also an avid World Cup memorabilia collector, organised a football collectibles exhibition at the Katara cultural village on the sidelines of the World Cup in Qatar." "I now have 150 match worn shirts and I focus mainly on World Cup shirts and European Championship shirts," Esmael says, adding that his favourite shirt is one from the former Yugoslavia that was worn by striker Davor Suker. Esmael says that the most valuable item they have is a 1978 World Cup winner's medal and that he sources most of his shirts through a company in the United Kingdom.

☆ Pinterest reaches deal with activist Elliott; Steinberg to join board
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +1 min

NEW YORK, Dec 6 (Reuters) - Pinterest on Tuesday said it reached a deal with Elliott Management, the activist investment firm that has offered up ideas on how to improve operations at the image sharing and social media service company. Marc Steinberg, a portfolio manager at Elliott, will join the board on Dec. 16, Pinterest said. Pinterest CEO Bill Ready, who took the job in June, called the deal with Elliott a "one-of-a-kind agreement" and said the company "appreciates the perspective" Steinberg, Jesse Cohn, a managing partner at Elliott, and others at the firm bring. Pinterest's stock climbed 2.5% in after hours trading on the news that Elliott, one of the company's biggest investors, was joining the board. Elliott, one of the world's busiest activist investing firms, has extensive experience in the tech and social media sector as Cohn held board seats at Twitter and eBay (EBAY.O) and worked closely with Steinberg on those investments.

☆ EXCLUSIVE Soccer-Brazil's Vinicius wants to use football for greater good
▼ + stars: | 2022-11-18 | by ( Fernando Kallas | ) www.reuters.com time to read: +5 min

"Neymar went through so much as a young player, having to play at such young age and with a lot of pressure. So he is the one that makes sure today that everything is easier for the new generation," Vinicius told Reuters in Turin on Thursday, where Brazil are training before flying to Qatar on Saturday. Well spoken and mature for his years, Vinicius welcomes the pressure that comes with the responsibility of being the face of Brazil's new generation. "This new generation has learned a lot from the old generation," Vinicius said. "When you start to become an important player, rivals come after you harder.

ID.me said it was reviewing the panels' findings and did not have immediate comment. Congress began investigating ID.me after former ID.me employees, government watchdog groups and lawmakers complained the company had been unprepared to handle an onslaught of unemployment insurance applications early in the pandemic. While Reuters and other media last year reported on the waits, investigators said their analysis definitively showed that issues had been widespread. The Democrat-led committees are continuing to investigate other concerns about ID.me, including the accuracy of its facial recognition system and the adequacy of its support for non-English speakers. Reporting by Paresh Dave; Editing by Bradley Perrett and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ Laid-off tech workers could get $100,000 to start their own companies from this VC firm
▼ + stars: | 2022-11-15 | by ( Morgan Smith | ) www.cnbc.com time to read: +4 min

In just two weeks, tens of thousands of people have lost their jobs in Silicon Valley after Twitter, Meta, Stripe and other tech companies laid off double-digit percentages of their workforce. Bucher leveraged the skills and connections from her blossoming tech career to start Day One Ventures just four years later. The firm has raised about $100 million, investing that money in over 100 companies and spearheading their communication strategies. Day One Ventures' portfolio includes a diverse range of businesses, from email tool Superhuman to parenting website Winnie. "I hope we are doing something more than just giving tech workers hope," Bucher says.

☆ Amidst the layoffs at Amazon, the company's ultra-secretive research lab is at risk of being shut. It's a sign things are changing 'dramatically' at the company.
▼ + stars: | 2022-11-14 | by ( Eugene Kim | ) www.businessinsider.com time to read: +14 min

Early last month, members of Amazon's secretive in-house research lab, Grand Challenge, were called into an unexpected video meeting. Weibel announced 3 of the 5 projects Grand Challenge was working on would shut down, effective immediately. When other team employees wanted to collaborate with the team, they needed additional approvals from its leadership. Amazon Glow was among the Grand Challenge projects to be discontinued at the end of this year. Getting support promoting Grand Challenge projects was a challenge too.

☆ I was 'Euphoria' star Colman Domingo's assistant for a year. Here's why he was the best boss I've ever had.
▼ + stars: | 2022-10-13 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +10 min

Higgins was the executive assistant for "Euphoria" actor Colman Domingo for a year. I would love to work with another Black and queer individual and see what I could learn. He's an influential Black queer man who uses his influence to help other people like him break into the industry. Now, years later, I've started to notice that when I'm working on documents, I'm slowing down to really read them. He was the best boss I've ever hadWhen I was hired in the role, I knew it would only be for a year.

☆ The era of Big Tech moonshots is over. Amazon, Google, Facebook, and Microsoft are pulling back on ambitious, risky long-term projects after many of them failed.
▼ + stars: | 2022-09-29 | by ( Hugh Langley | Eugene Kim | Kali Hays | ) www.businessinsider.com time to read: +13 min

Amazon, Google, Microsoft, and Facebook have scaled back their ambitious "moonshot" projects. Moonshots like Google X and Amazon Grand Challenge allowed tech firms to build innovative projects. Before Amazon, Parviz led a similar team at Google called Google X. Page and Brin championed X projects they loved, helping them gain funding and headcount within the unit. Parviz, who created the once-hyped-up Google Glass, left Google X in 2014 to start Amazon's Grand Challenge.

☆ A wave of restaurant operators and high-profile chains like Chipotle and Burger King are investing millions in innovation amid a slowdown in food-tech funding. Here are 10 investing in ghost kitchens,
▼ + stars: | 2022-09-29 | by ( Nancy Luna | ) www.businessinsider.com time to read: +10 min

"My dad says I'm taking the joy out of a restaurant," Frischling said. "If this industry doesn't keep up, we're not going to have so many restaurants," Frischling told Insider. Frischling is part of a wave of restaurant operators and high-profile chains investing millions in the industry's future. Over the years, Chipotle, Inspire Brands, and Restaurant Brands International — the owner of Burger King and Popeyes — have invested in autonomous-delivery vehicles, ghost kitchens, and digital-ordering software. IGC HospitalityThe New York restaurant company, also known as In Good Company Hospitality Group, invested in the restaurant-tech firm MarginEdge in 2021, according to PitchBook.

☆ A lack of transparency creates a 'breeding ground of insecurity,' according to one tech CEO
▼ + stars: | 2021-03-15 | by ( May Teng | ) www.businessinsider.com time to read: +6 min

TVSquared CEO Calum Smeaton has centered his leadership around transparency, and it's paid off. It's crucial to communicate often and maintain transparency even as a company grows, Smeaton says. Calum Smeaton, founder and CEO of UK-based adtech company TVSquared, is one of many leaders who has decided to squarely center their paradigm on transparency. "If you're not transparent, that's where you create a breeding ground for insecurity." "Transparency is really easy when you're 10 or 15 people all in the same office," Smeaton added.

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