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☆ 4 college friends turned $1 million into a New York venture-capital empire backing tech's hottest unicorns. Here's how they did it.
▼ + stars: | 2022-11-29 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +8 min

Founded as the side project of four college friends, Eniac Ventures has become a major player in VC. They named the firm Eniac Ventures, after the first electronic computer, developed at the University of Pennsylvania's engineering school, where the four had met. What started as the side hustle of four college buddies has become a powerhouse of the venture-capital industry, backing some of tech's hottest unicorns. And Eniac has invested alongside some of the biggest names in venture, including Y Combinator, Lightspeed Venture Partners, and New Enterprise Associates. Vasen met the Eniac partners at an event they hosted for prospective founders at a Chinese restaurant in San Francisco.

☆ Disney CEO Iger makes profitable streaming a priority
▼ + stars: | 2022-11-28 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +4 min

REUTERS/Dado Ruvic/File PhotoNov 28 (Reuters) - Walt Disney Co (DIS.N) Chief Executive Bob Iger said on Monday one of his top priorities is to make the company's streaming business profitable. Iger is responsible for Disney's all-in embrace of streaming, and the launch of its marquee service, Disney+, but he acknowledged the measurement of success has changed. Disney joins a number of media companies seeking to grow their streaming services without sacrificing its film or television businesses. From a sound stage on Disney's lot, Iger said he returns to the company he led for 15 years with a sense of urgency. He offered no timing on the restructuring of the company's film and television distribution group, Disney Media and Entertainment Distribution.

☆ Disney CEO Bob Iger calls the drive to make streaming profitable a priority
▼ + stars: | 2022-11-28 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +3 min

Morehouse CollegeWhen Morehouse College made history by launching its first class in the metaverse last spring, Hamilton was one of 11 professors to teach students using virtual reality technology. Partnering with the VR tech company VictoryXR, Hamilton is creating his first full course in the metaverse on Black history. Morehouse College history professor Ovell Hamilton. “You can do that in virtual reality.”Muhsinah Morris is the director of the Virtual Reality Project at Morehouse College. Morehouse College students attending a “Meditation Mondays” event in space within the metaverse.

☆ ‘Gaslighting’ is Merriam-Webster’s word of 2022
▼ + stars: | 2022-11-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

NEW YORK — “Gaslighting” — mind manipulating, grossly misleading, downright deceitful — is Merriam-Webster’s word of the year. Lookups for the word on merriam-webster.com increased 1,740% in 2022 over the year before. “It was a word looked up frequently every single day of the year,” he said. The death of Angela Lansbury in October drove some interest in lookups of the word, Sokolowski said. “Gaslighting,” Sokolowski said, spent all of 2022 in the top 50 words looked up on merriam-webster.com to earn top dog word of the year status.

☆ New Disney CEO reportedly joked to employees that his wife wanted him to return to keep him from running for US president
▼ + stars: | 2022-11-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Disney CEO Bob Iger said his wife encouraged him to return to Disney to avoid a presidential run, CNBC reported. Iger opened a town hall with Disney staff on Monday with a quote from "Hamilton," per the report. But the sun comes up and the world still spins," Iger quoted, sources who attended the town hall told CNBC. When he first stepped down from his role as Disney CEO in 2020, Iger said in a podcast that he'd seriously considered running for office on multiple occasions. "You can run for anything you want, but not with this wife," Iger said Bay told him.

☆ Disney hiring freeze will stay in place, CEO Bob Iger tells employees
▼ + stars: | 2022-11-28 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange, November 27, 2017 in New York City. Disney Chief Executive Officer Bob Iger said during his first town hall since returning to the company that he won't remove the company's hiring freeze and that he will reassess its cost structure. Iger kicked off the town hall Monday quoting from the song "What'd I miss?" He replaced his hand-picked successor Bob Chapek, whose nearly three-year run as CEO ended abruptly after a dismal fiscal fourth-quarter earnings report. Iger joked his wife, Willow Bay, told him he should run Disney again so that he wouldn't run for U.S. president — something Iger has thought about in the past.

☆ The rise of Carhartt, the 133-year-old workwear brand that's beloved by everyone from rappers to celebrities to blue-collar workers
▼ + stars: | 2022-11-27 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +1 min

Carhartt got its start as a workwear brand in Detroit in the 1800s. The brand weathered the World Wars, the Great Depression, and shifts in the retail world. Today, Carhartt is equally popular among blue-collar workers and streetwear connoisseurs. But that's exactly what Carhartt has become: one of only a handful of companies sitting in the middle of a very small Venn diagram. And how did it become so beloved by blue-collar laborers, skaters, models, rappers, and Brooklynites?

☆ 35+ best Black Friday deals under $25
▼ + stars: | 2022-11-25 | by ( Mili Godio | ) www.nbcnews.com time to read: +10 min

But your Black Friday purchase doesn’t have to break the bank: You can find several affordable deals under $25 across retailers throughout the holiday weekend. SKIP AHEAD Best Black Friday deals under $25 | Best Black Friday sales under $25To help you make the most of this shopping holiday, we compiled some of the best Black Friday deals and sales under $25 that we think you’ll want to know about. Best Black Friday 2022 deals under $25Below, we’re sharing the best Black Friday deals under $25 based on our previous coverage and reporting. 4.5-star average rating from 75,259 reviews on AmazonLogitech says its wireless keyboard and mouse combo can work with any Windows computer. Best Black Friday 2022 sales under $25Here are the best Black Friday sales under $25 that we think you’ll want to know about.

The Ninja DualBrew 12-cup coffee maker is now on sale for its the lowest price ever — $99 at Macy's. Originally priced at $200, it's now on sale 50% off, which is a great deal — especially considering that you're getting two coffee makers in one. You can find the Ninja DualBrew at other outlets like BestBuy, Amazon, and Target, but not for the price that Macy's is offering right now. Deal Ninja Dualbrew (CFP201) The Ninja DualBrew is a great option all-in-one coffee maker option. Ninja Dualbrew Pro (CFP301) The Ninja Dualbrew Pro offers all the same features and brewing options as the Ninja Specialty, with the addition of an attachment that allows the user to brew coffee from pods.

☆ Nexperia and Elmos cases show how the US-China chip war is spilling over to Europe
▼ + stars: | 2022-11-25 | by ( Michelle Toh | ) edition.cnn.com time to read: +10 min

Last week, the new owner of Britain’s biggest chipmaker was ordered to unwind its takeover, just days after another chip factory sale was blocked in Germany. “These decisions mark a shift towards tougher stances regarding Chinese investment in critical industries in Europe,” said Xiaomeng Lu, director of geo‑technology at Eurasia Group. A worker in a clean room for silicon semiconductor wafer manufacturing at the Newport Wafer Fab, owned by Nexperia, in Newport, Wales on Aug. 18. A company sign of Elmos Semiconductor, seen on Nov. 9 in the German city of Dortmund. Both Britain and Germany have recently added rules that expand government oversight over such decisions, making outcomes harder to predict.

The complaint was met with skepticism by election authorities and other political figures who have recognized Lula's victory. The head of Brazil's Senate, Rodrigo Pacheco, said the election result was "unquestionable," while the center-right Brazilian Social Democratic Party (PSDB) called Bolsonaro's challenge "senseless." When the PSDB challenged the result of the 2014 presidential election, the investigation took one year and no irregularities were found. Vice President Hamilton Mourao, on a trip to Portugal, acknowledged on Wednesday that Bolsonaro's challenge was unlikely to succeed but said Brazil's electoral process needed more "transparency." Analyst Andre Cesar at Hold Legislativa consultancy said, however, that the challenge would provide ammunition for an ongoing protest movement of Bolsonaro's hardcore supporters.

☆ Brazil's Trump-backed president is challenging his election loss, weeks after it looked like he was going quietly
▼ + stars: | 2022-11-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Brazil's president challenged his election loss, saying votes cast on some machines should be thrown out. Meanwhile, his supporters have protested the results, saying that he should still rightly be in office. US President Donald Trump (L) speaks with Brazilian President Jair Bolsonaro during a dinner at Mar-a-Lago in Palm Beach, Florida, on March 7, 2020. Former US President Donald Trump, who also challenged his presidential election loss in 2021, and claims he should still rightfully be president, endorsed Bolsonaro in his reelection bid last year. Trump backed him again in September 2022, just before the election, saying that people called Bolsonaro a "tropical Trump" and repeatedly urging Brazilians to back him as the election neared.

☆ Bolsonaro contests Brazil election, demands votes be anulled
▼ + stars: | 2022-11-22 | by ( Associated Press | ) www.nbcnews.com time to read: +6 min

Neither explained how that might have affected election results, but said they were asking the electoral authority to invalidate all votes cast on those machines. Diego Aranha, an associate professor of systems security at Aarhus University in Denmark, who has participated in official security tests of Brazil’s electoral system, agreed. Bolsonaro spent more than a year claiming Brazil’s electronic voting system is prone to fraud, without ever presenting evidence. Brazil began using an electronic voting system in 1996 and election security experts consider such systems less secure than hand-marked paper ballots, because they leave no auditable paper trail. But Brazil’s system has been closely scrutinized by domestic and international experts who have never found evidence of it being exploited to commit fraud.

☆ 'Easy to bully': A corporate landlord in Cincinnati is aggressive in trying to evict tenants, critics say
▼ + stars: | 2022-11-22 | by ( Gretchen Morgenson | Gretchen Morgenson Is The Senior Financial Reporter For The Nbc News Investigative Unit. A Former Stockbroker | She Won The Pulitzer Prize In For Her | ) www.nbcnews.com time to read: +13 min

“We had the exact same story and the exact same company — VineBrook Homes,” Allen told NBC News. VineBrook Homes Trust Inc., which owns over 3,000 single-family homes in the Cincinnati area, is one of the most aggressive landlords in bringing eviction proceedings against its residents, they say. A big institutional owner of over 24,000 single-family homes in mostly lower-income areas, VineBrook Homes is a real estate investment trust (REIT) with properties in 18 states, including Alabama, Indiana, Missouri and Mississippi. “I left in Dec. 2021,” Jenkins told NBC News. Vinebrook Homes owns over 3,000 single-family homes in the Cincinnati area, including many in suburbs like North College Hill.

☆ 35+ best early Amazon Black Friday deals to shop now
▼ + stars: | 2022-11-22 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +16 min

SKIP AHEAD Best Amazon Black Friday sales | Do you need a Prime membership to shop Amazon’s Black Friday deals? Unlike Prime Day and the most recent Prime Early Access Sale, anyone can shop Amazon’s Black Friday deals — although the retailer does offer some exclusive deals for Prime members. Amazon Black Friday 2022: The best early dealsBelow, we rounded up some of the best deals from Amazon’s early Black Friday event based on our previous coverage and Select reader interest. 4.6-star average rating from 150,441 reviews on AmazonFitBit makes some of the best fitness smartwatches you can buy. Best Amazon Black Friday 2022 sales to shopHere are some of the best sales to shop for during Amazon’s Black Friday sale that we think you’ll want to know about.

☆ Trump's day of reckoning is overdue. Garland's special counsel move adds to the delay.
▼ + stars: | 2022-11-22 | by ( Michael Conway | Michael Conway Was Counsel For The House Judiciary Committee In The Impeachment Inquiry Of President Richard Nixon In In That Role | He Assisted In Drafting The Committee'S Final Report To The House In Support Of The Three Articles Of Impeachment Adopted The Committee. Conway Is A Graduate Of Yale Law School | ) www.nbcnews.com time to read: +7 min

Attorney General Merrick Garland’s decision to appoint a special counsel to investigate former President Donald Trump is a miscalculation, with the main problem being timing. Despite assurances from Garland that a special counsel will not bog down the investigation, reality suggests otherwise. Not to mention that past practice demonstrates that the Justice Department has regularly shown that anyone can be held accountable — without resorting to a special counsel. No special counsel was used. I believe Trump’s day of reckoning is long overdue, and Garland’s overly cautious decision to appoint a special counsel may continue postponing that day.

One standout sale is the Ninja DualBrew 12-cup coffee maker, currently 50% off at Macy's. You can find the Ninja DualBrew at other outlets like BestBuy, Amazon, and Target, but not for the outrageously low price that Macy's is offering right now. Deal Ninja Dualbrew (CFP201) The Ninja DualBrew is a great option all-in-one coffee maker option. And for $99, it's a bargain for the original model compared to the $160 you'd pay for the Pro, right now. That's why it's worth considering this Macy's deal because you can get a higher-end dual coffee maker for the cost of a lower-end model.

☆ President Jair Bolsonaro has dropped out of sight because he 'can't wear pants' due to a skin infection, Brazil's vice president says
▼ + stars: | 2022-11-19 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Brazil's President Jair Bolsonaro lost a tightly-contested presidential election last month. Since then, he has been holed up in his official residence. Brazil's vice president told O Globo that Bolsonaro hasn't left his home due to a skin infection. Mourao said that Bolsonaro, 67, who lost a tightly-contested presidential election last month, has been holed up in his official residence because of a skin infection, known as erysipelas, on his leg. He has a leg injury, a skin infection," Mourao told O Globo .

☆ 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.

The EPA shut down the refinery, formerly called Limetree Bay, in May 2021 after a series of chemical releases into the environment sickened neighboring residents. The plant owners intend to restart the facility, but have let it fall into disrepair, the EPA said last month. The new Prevention of Significant Deterioration (PSD) permit would require detailed air-quality analyses and the use of the best available air pollution control technology, the EPA said Thursday. An earlier owner, Hovensa, was required to spend $700 million on pollution control equipment, among other obligations after violating the Clean Air Act by increasing emissions without first obtaining pre-construction permits and installing required pollution control equipment. Hovensa went bankrupt and shut down the plant the following year; later Limetree Bay Ventures bought the refinery in December 2015.

☆ 'You're going to come back', Hamilton tells retiring Vettel
▼ + stars: | 2022-11-17 | by ( Abhishek Takle | ) www.reuters.com time to read: +3 min

ABU DHABI, Nov 17 (Reuters) - Seven-times world champion Lewis Hamilton said on Thursday that he expected his old rival Sebastian Vettel to make a Formula One comeback. The 35-year-old four-times champion is bowing out of the sport after the Abu Dhabi Grand Prix on Sunday but Hamilton believes the 53-time grand prix race winner will find the lure of F1 hard to resist. "Obviously after the change from Ferrari to Aston Martin at that time it was the first time I really thought it might be the time to stop...," he added. Vettel jokingly suggested he could agree some sort of a swap with Hamilton, who turns 38 in January but is keen on extending his Mercedes deal. "We can make a deal ... when you want to get away, maybe then (I want to come back)," he said.

☆ He Made Custom Furniture—and Now He Makes Whiskey
▼ + stars: | 2022-11-16 | by ( Julie Halpert | ) www.wsj.com time to read: 1 min

Stephen Paul started experimenting at making whiskey just for himself and his wife in Arizona. In 2011, he and his daughter launched their company, Whiskey Del Bac by Hamilton Distillers. It was an unusual road that Stephen Paul followed on his way to becoming a maker of whiskey. Mr. Paul, a native of southern Arizona, experienced his first career change at the age of 30 when he gave up teaching environmental science and entered architecture school. At the time, he was mainly interested in the historic architecture of the Sonoran Desert region.

☆ Hamilton has one last shot to avoid first winless season
▼ + stars: | 2022-11-16 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Nov 16 (Reuters) - Lewis Hamilton has one more chance to avoid his first Formula One season without a win and it comes on Sunday in the place where last year he suffered one of the biggest blows of his career. The prospects look a lot brighter with Mercedes ending their season-long blank in Brazil last weekend with George Russell's breakthrough win. "I think he mentioned before that this race record of winning a race in every single season is less of a priority for him. Hamilton took only six races in his debut 2007 season to become a winner and has won at least once in every campaign since then. "I'm not focused on the record but of course, I'm trying to get that win this year," Hamilton said in September.

☆ Red Bull driver rift adds spice to Abu Dhabi finale
▼ + stars: | 2022-11-16 | by ( Abhishek Takle | ) www.reuters.com time to read: +3 min

The Red Bull rift could bring fresh drama to Yas Marina, the circuit where last year Verstappen won his first title and denied Lewis Hamilton a record eighth in a massively controversial clash. read moreVerstappen has little at stake this time, having wrapped up his second title in Japan last month, but can expect a grilling from the world's media after leaving his motives a mystery at Interlagos. read morePerez acidly accused Verstappen of showing "who he really is" in refusing to hand back a place as requested by Red Bull who want the Mexican to end the season second overall. "I am sure that this race will bring back plenty of happy memories from the last 15 years," said the 35-year-old. The German could join them on the sidelines with Haas widely tipped to announce Nico Hulkenberg alongside Kevin Magnussen for next season.

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