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☆ Can India help the UK become a tech superpower?
▼ + stars: | 2023-04-11 | by ( ) www.cnbc.com time to read: +1 min

The U.K. hopes to remake the region between the cities of Oxford and Cambridge into the next Silicon Valley. But Britain needs to attract more skilled talent to its shores if it's going to become a tech power. India is the third largest startup ecosystem in the world, and it has plenty of tech talent. "India has been an engineering global talent hub for the world over recent years," said Amarjit Singh, the CEO of India Business Group, a consulting firm that supports deals between the two countries. Watch the video above to learn how India can help the U.K. with its ambition to become a tech superpower.

☆ Opinion: Don't count DeSantis out yet
▼ + stars: | 2023-04-11 | by ( Patrick T. Brown | ) edition.cnn.com time to read: +7 min

A third Trump presidential nomination would indicate that Republican primary voters may prefer style over substance. But if they are serious about not just making liberals mad but advancing actual policy, GOP voters should consider other names, starting with the Florida governor. Recognizing key figures and institutions on the right in this way suggests a DeSantis administration would be serious about delivering on conservative principles. In short, DeSantis offers Republicans a glimpse into what a successful conservative approach to governing could look like. If GOP voters decide their primary operating principle is to enrage the media and “own the libs,” they will nominate Trump.

☆ The Russian air force's struggles in Ukraine reveal glaring problems in now Moscow trains its pilots
▼ + stars: | 2023-04-10 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +35 min

Despite being bigger and more advanced than its enemy, Russia's air force has struggled in Ukraine. It's commonly said that Russian fighter pilots are not as well trained as their Western counterparts, particularly those from the United States. But however ineffective you may think Russian pilot training is compared to the West, the truth seems to be … much worse. A Russian air force pilot prepares to take off in an Su-35 fighter jet at Hemeimeem air base in Syria in September 2019. Put simply, the Gulf War air campaign creates a damning juxtaposition when compared directly to Russia's air campaign over Ukraine.

☆ Scoot Henderson on being a projected top pick in the 2023 NBA draft and his endorsement deal with Puma
▼ + stars: | 2023-04-10 | by ( John Lynch | ) www.businessinsider.com time to read: +10 min

Scoot Henderson is projected to be one of the top draft picks in the 2023 NBA Draft. So, you know, I'm just blessed that I came here and made the right decision. So I knew it was gonna be pretty tough, and I knew I was gonna really develop from it at a high level. And, uh, like I said, like I'm gonna keep saying, I'm blessed that I came here. And Puma, they gave me that confidence that I needed in a group, and in a brand like Puma, man.

☆ Russian jets, some flown by Wagner mercenaries, are making risky attacks to test Ukraine's defenses around Bakhmut
▼ + stars: | 2023-04-10 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Russian aircraft, some operated by mercenaries, are also being used in fighting around the city. Yet the Russian Air Force is still conducting airstrikes with limited success, including around Bakhmut. Russian aircraft "are bombing in Bakhmut, particularly at night so that they can avoid most types of MANPADS. A retired Russian air force general named Kanamat Botashev may have been one of them. In addition to its other struggles, Russia's air force has been plagued by a shortage of fully trained pilots.

☆ Premarket stocks: What markets are watching after digesting the US jobs data
▼ + stars: | 2023-04-10 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

While inflation has come down and other economic data point to a cooling economy, the labor market has remained remarkably resilient. The labor market is cooling but not rapidly or significantly, and further rate hikes can’t be ruled out. More trouble for commercial real estateA few weeks ago, Before the Bell wrote about big problems brewing in the $20 trillion commercial real estate industry. In a worst-case scenario, anxiety about bank lending to commercial real estate could spiral, prompting customers to yank their deposits. The proportion of commercial office mortgages where borrowers are behind with payments is rising, according to Trepp, which provides data on commercial real estate.

☆ Russia is facing stagnating innovation, more dependence on China, and will become a state-led economy as war in Ukraine drags on, economists say
▼ + stars: | 2023-04-08 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +5 min

Experts weighed in on how Russia's war effort is impacting its economy a year after the invasion of Ukraine. The longer the conflict persists the more likely Russia is to depend on China for resources, experts said. Economists says the country will be facing a myriad of obstacles, including a slowdown of productivity and diminished innovation. A more state-led economyAs sanctions weigh on its economy, Russia has been undergoing a structural transformation to become self-sufficient. Nichols added: "I firmly believe that someday Russia will be a productive member of the global community and global economy.

☆ Strong management can help companies 'change their stripes,' Jim Cramer says
▼ + stars: | 2023-04-06 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Strong management can make all the difference for a company to "change their stripes" in a corporate pivot, CNBC's Jim Cramer said on Thursday. Cramer pointed to Costco as a prime example of the difference capable management can make. A bevy of other, non-retail companies are suffering as well, Cramer said, including medical-technology company Medtronic and industrial concern 3M . There's hope in the food companies, Cramer noted, pointing to stark evolutions from JM Smucker and Campbell Soup , both of which have rebalanced towards snack foods. But at a well-managed company like Costco, Cramer has no concerns.

☆ Why so many Americans hate their work hours
▼ + stars: | 2023-04-05 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +8 min

Lower-income workers want to work more, and higher-income workers want to work less. In fact, nearly a quarter of low-income workers making less than $47,000 a year want to work more hours. On the flipside, almost a third of middle- and high-income workers say they work too many hours, according to a Pew Research Center report released Thursday. Workers are left either wanting to work more but can't get the hours, or they want to work less but feel they shouldn't. When surveyed, lower-income workers would likely jump at the opportunity to work more hours to earn more.

☆ Ex-Intel chief architect explores data center deals for AI startup in India
▼ + stars: | 2023-04-05 | by ( Chavi Mehta | ) www.reuters.com time to read: +2 min

BENGALURU, April 5 (Reuters) - Intel Corp's (INTC.O) former chief architect Raja Koduri is in talks with Hiranandani-backed data center operator Yotta for a deal for his generative artificial intelligence startup, which he said will have a big presence in India. Koduri, who has worked on nearly two dozen generations of computer graphics chip, plans to build local data centers to ease the access to massive computing power needed for generative AI tools. Generative AI refers to technology such as ChatGPT that can use prompts to whip up haikus, essays and images. The southern state of Karnataka and Telangana have been "very supportive", he said, adding that subsidies on electricity will be crucial as data centers are power guzzlers. He is also joining the board of AI chip startup Tenstorrent, led by veteran chip architect Jim Keller, who led the design of Tesla's (TSLA.O) self-driving chip in 2016.

☆ I lied on my résumé to get a better-paying job — and I think others should do the same
▼ + stars: | 2023-04-04 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

Insider recently spoke to an accounting employee who lied on their résumé to get their current job. They lied about work experience and software proficiency after staying home with their daughter. "I'm glad I lied on my résumé," they said. I also lied about my software proficiencyThe job I was applying for also stated a requirement for knowledge of a specific software system that I had simply never used before. Plus, I love where I work now, and I don't think I would have been able to get the job if I hadn't lied on my résumé.

☆ As Japan ages, young Indonesians train to fill caregiver jobs
▼ + stars: | 2023-04-04 | by ( Zahra Matarani | ) www.reuters.com time to read: +2 min

[1/2] An elderly couple walks through red-coloured wooden torii gates at a shrine, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan December 22, 2020. The role play is an example of the type of training being offered by vocational institutions across Indonesia catering to students seeking to fill job vacancies in Japan. Births in Japan fell to fewer than 800,000 for the first time last year, according to official data, as Japan's working-age population shrinks. Hiroki Sasaki, labour attache at the Japanese embassy in Jakarta, estimates only about 130,000 of the 340,000 special skilled job vacancies in Japan have been filled. As of December 2022, there were more than 16,000 Indonesians working under Japan's special skilled worker scheme, the second-highest number behind Vietnam.

☆ Big tech companies continue cost cutting
▼ + stars: | 2023-04-03 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

Tech companies have chased short-term fads in a desperate attempt to win the favor of Wall Street investors — and it's making the online experience worse. As tech companies continue to focus on efficiency, it's clear that one metric is the most important: revenue per employee. After years of over-hiring, tech companies are now looking to squeeze the most efficient performance from each worker, my colleague Hasan Chowdhury reports. But it's another sign that tech companies are drifting away from pro-remote work policies. Google, Meta, and Microsoft have all failed to make their AR and VR devices into mainstream successes.

☆ Why some college professors are adopting ChatGPT AI as quickly as students
▼ + stars: | 2023-04-02 | by ( Carolyn Chun | Kevin Travers | ) www.cnbc.com time to read: +3 min

In an analysis of professions "most exposed" to the latest advances in large language models like ChatGPT, eight of the top 10 are teaching positions. Post-secondary teachers in English language and literature, foreign language, and history topped the list among educators. Jobs most 'exposed' to generative AI Rank Profession 1 Telemarketers 2 English Language and Literature Teachers, Postsecondary 3 Foreign Language and Literature Teachers, Postsecondary 4 History Teachers, Postsecondary 5 Law Teachers, Postsecondary 6 Philosophy and Religion Teachers, Postsecondary 7 Sociology Teachers, Postsecondary 8 Political Science Teachers, Postsecondary 9 Criminal Justice and Law Enforcement Teachers, Postsecondary 10 SociologistsSource: "How will Language Modelers like ChatGPT Affect Occupations and Industries?" But affected jobs – or as the study officially describes it, jobs most "exposed to AI" – does not necessarily mean the human positions will be replaced. And for topics that are very dense, "ChatGPT can even help educators translate some of those lessons or takeaways in simpler language," he said.

☆ Scared to Bike in the City? Here’s the Gear You Need to Stay Safe—Plus 10 Smart Tips from Skilled Cyclists
▼ + stars: | 2023-04-01 | by ( Daniel Varghese | ) www.wsj.com time to read: 1 min

MY FIRST EXPERIENCE with city cycling wasn’t promising. The suburban rides of my childhood hadn’t prepared me for crumbling concrete, hulking cargo trucks and hostile drivers. By the time I moved to New York City six years ago, biking seemed absurd. The New York City Department of Transportation reported it tracked 33% more bike trips year-over-year between May and December of 2020. Recently, I realized I was tired of being too scared to join the new wave of cyclists.

☆ Here's why IRS tax audits have declined over the past decade
▼ + stars: | 2023-04-01 | by ( Charlotte Morabito | In Charlottemorabito | ) www.cnbc.com time to read: +2 min

Tax season is upon us, and along with it comes the ensuing bout of paranoia about the dreaded IRS audit. In 2022, the IRS audited 3.8 out of every 1,000 income tax returns. The GAO report concludes that a drop in IRS funding was a main contributor to the decline in audits. Janet Holtzblatt senior fellow at the Urban-Brookings Tax Policy CenterAbout 70% of the IRS's overall budget is spent on labor. "Someone who's three years out of college isn't going to be doing the technical work on the ExxonMobil tax return.

A large part of the discrepancy between my advice and my parents' comes from the recent tectonic shift in the college landscape. In light of these changes, here is the educational advice I am giving to my children. Most of our dreams cost money. In fact, students in 7% of college majors would be better off financially if they had skipped college and gone straight into the workforce. I tell my children that they don't necessarily need college to have a career — but they do need an education and a plan.

☆ Germany unveils immigration reform plan to tackle labour shortages
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +3 min

BERLIN, March 29 (Reuters) - Germany on Wednesday unveiled draft reforms on immigration, skills training and promoting immigration from Western Balkan countries, a bid by Chancellor Olaf Scholz's government to plug labour shortages in Europe's largest economy. "Securing our skilled labour base is one of Germany's biggest economic tasks for the coming decades," Labour Minister Hubertus Heil said. One of the reforms is a new immigration law that aims to address key hurdles for migrants to Germany, particularly for those coming from outside the European Union. The draft law, seen by Reuters, says the reform could increase the number of workers from countries outside the EU by 60,000 people a year. The opportunity card follows a points-based system that takes into account qualifications, language skills, professional experience, connection to Germany and age.

If successful, Amgen would claim ownership of all antibodies that inhibit the PCSK9 protein, the mechanism of action for both Repatha and Praluent. Other companies could then do the same with their own antibody treatments in other disease areas. The case might also affect newer technologies used in medicine, such as CRISPR gene editing and messenger RNA, she said. A Washington, D.C.-based federal appeals court that covers U.S. patent cases invalidated Amgen's patent claiming ownership of all PCSK9 inhibitors as a whole in 2021. Amgen sued Sanofi and Regeneron in 2014.

☆ Germany is overhauling its immigration rules to bolster a rapidly shrinking workforce
▼ + stars: | 2023-03-27 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +8 min

Currently, only people with EU passports, or those who have one parent from Germany, are eligible to hold German citizenship. Immigration reforms based on Canada's points system, meanwhile, will make it easier for skilled workers to enter the country without having professional qualifications recognized in Germany. A January survey showed that more than half of German companies are struggling to fill vacancies due to a lack of skilled workers. The number of people who can come and set up businesses will be huge and a huge benefit for the country. "The number of people who can come and set up businesses will be huge and a huge benefit for the country."

☆ 75% of Medicare beneficiaries worry about affording costs beyond premiums. Here’s how high out-of-pocket costs can go
▼ + stars: | 2023-03-24 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +4 min

watch nowOther beneficiaries instead decide to pair Parts A and B with a standalone Part D plan and, often, a Medigap plan, which covers part of the out-of-pocket costs that come with Parts A and B. Basic Medicare has no out-of-pocket limitIf you have only basic Medicare, there is no cap on what you might spend in any given year. "If you can find a plan that has a lower out-of-pocket limit, such as $3,000 or $4,000, that is a benefit to you." "Both Medigap and Medicare Advantage Plans do a good job of this, since most Medigap plans cover the 20% [coinsurance] and Advantage Plans have caps on Parts A and B spending." Part D does come with catastrophic coverage that kicks in once out-of-pocket expenses reach $7,400 in a given year, Roberts said.

BASTROP, TEXAS—Elon Musk’s companies are opening facilities across the country that come with promises of skilled jobs and economic growth. But some residents of this mostly rural area near Austin are watching with alarm as farmland turns into industrial development. Mr. Musk’s tunneling venture, the Boring Company , and space-transportation company known as SpaceX, are constructing massive buildings and digging tunnels on more than 200 acres of unincorporated land along the Colorado River. The billionaire’s ambitions there also include a company town, The Wall Street Journal has reported.

☆ America needs immigration reform, or it risks of losing an entire generation of tech workers to countries like Canada, the UK, and Japan
▼ + stars: | 2023-03-23 | by ( Emilia David | Paayal Zaveri | ) www.businessinsider.com time to read: +8 min

While the US still attracts talent, workers increasingly go to places like the UK or Canada. With other countries easing immigration for tech workers, the US may find itself lagging. Without change, and fast, experts say this could mean an entire lost generation of tech talent for American tech. "Foreign countries have figured out ways to more aggressively attack top-tier tech talent," Hiba Anver, an immigration attorney with Erickson Immigration Group, told Insider. America's loss is other countries' gainMeanwhile, other countries are making it easier for tech workers like Negandhi and students to immigrate.

☆ The CTO of a climate-tech company shares a 3-part approach to technology that can improve employee recruitment and performance
▼ + stars: | 2023-03-23 | by ( Meira Gebel | ) www.businessinsider.com time to read: +7 min

Consider using standard technology as a recruiting toolReavill said Commons uses standard technology externally, in its consumer-facing applications, but also internally as a means of attracting top talent. Although some CEOs are skeptical about remote work, Reavill believes more tech leaders should embrace it. The main thing stopping companies in the environmental industry from quickly progressing isn't technology, "because we have a lot of powerful technology," Reavill said. "When things get bigger, and things become much more complex, you have to introduce more powerful and, in some ways, more constraining tools," Reavill said. A common sign of internal strain is when training new employees on standard technology tools becomes a burden.

☆ Democrats, Republicans, and companies all seem to agree: college degrees aren't the future
▼ + stars: | 2023-03-22 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +6 min

A bachelor's degree has become a common requirement for landing US jobs, even those that didn't previously require one. Josh Shapiro signed an executive order opening up 92%, or roughly 65,000, of state jobs to those without college degrees. They urged more states to follow to move the economy away from a preference for college degrees, restoring a sense of fairness many Americans feel is lost. Oregon also issued a temporary order in 2022 allowing those without bachelor's degrees to work as substitute teachers. A college degree may increase your earning potential, but it may not hold the keys to the middle class for much longer.

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