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Shares in Dr Martens dived more than 27% Thursday after the company issued its fourth profit warning in 12 months, blaming lackluster demand from US wholesalers for its clunky boots and a slower start to the autumn-winter season. Shares in the British company, which went public in 2021, hit a record low of 79.10 pence ($1) Thursday after the firm also scrapped its revenue guidance for the 2025 fiscal year. For the first half of the year, the company said its wholesale revenue dropped 17% to $199.4 million ($251.9 million). The company said it had offered small discounts on seasonal colors but would not mark down prices on its flagship black shoes. Analysts forecast a range of $223.7 million—$240 million ($282.6 million—$303 million), according to numbers compiled by the company.
Persons: Martens, we’ve, Kenny Wilson, Dr Martens, Wilson Organizations: Reuters Locations: British, United States, United Kingdom, Europe, Asia, Pacific
Monica Humphries/InsiderPeople living life on the road know what it's like to be isolated. In a country facing a loneliness epidemic, there are lessons to learn from nomads like Schaffer living on the road. Van Life CampgroundsParinger realized he was missing a sense of community after a couple of years of living in a van. In 2019, he bought land in Joshua Tree, California, which became the first location for Van Life Campgrounds. Others living on the road agreed that their online community has been a huge support in tackling loneliness.
Persons: they've, , Maddy Garrett's, Ford Transit —, Tracey Tischler, van, Monica Humphries, it's, Christian Schaffer, Schaffer, Joshua, Shahira, Navod McNeil, Instagram McNeil, couldn't, Aidan Paringer's, Paringer, Ellaboudy, Phyllis Grover, Grover, Casey Hogan, Instagram Casey Hogan, Zach Nelson, he's, It's, Aidan Paringer, Garrett, Maddy Garrett, @whoa_maddy_actually_, ProMaster, Fernald, Sierra Fernald, Brittany Newson, Instagram Newson, haven't, Tischler, Nelson, Newson, FaceTimes Organizations: Business, Service, Subaru, Ford Transit, Ford, van, Benz, Facebook, Fire, YouTube Locations: Colorado and Utah, Texas, New Mexico, Utah, Joshua Tree , California, Dallas, Van, Mexico , Oregon, Washington, Nevada, I'm, Fernald, Zion, Instagram, California
As Open AI employees celebrated the return of CEO Sam Altman with a five-alarm office party , OpenAI software engineer Steven Heidel was busy publicly rebuffing overtures from Salesforce CEO Marc Benioff. Heidel was one of more than 700 OpenAI employees who's threatened exodus halted a would-be mutiny at one of Silicon Valley's most important AI companies. He was previously a scientist at Facebook AI Research and worked as a member of Google Brain under supervision of Prof. Geoffrey Hinton and Ilya Sutskever. Alec Radford: Radford was hired in 2016 from a small AI company he founded in his dorm room. Tao Xu : technical staff, worked on GPT4 and WhisperChristine McLeavey : technical staff, with contributions to music-related productsChristina Kim : technical staffChristopher Hesse : technical staffHeewoo Jun : technical staff, researchAlex Nichol : technical staff, researchWilliam Fedus: technical staff, researchIlge Akkaya: technical staff, researchVineet Kosaraju : technical staff, researchHenrique Ponde de Oliveira Pinto : technical staffAditya Ramesh : technical staff, developed DALL-E and DALL-E 2Prafulla Dhariwal : research scientistHunter Lightman : technical staffHarrison Edwards : research scientistYura Burda : machine language researcherTyna Eloundou : technical staff, researchPamela Mishkin : researcherCasey Chu : researcherDavid Dohan : technical staff, researchAidan Clark : researcherRaul Puri : research scientistLeo Gao : technical staff, researchYang Song : technical staff, researchGiambattista ParascandoloTodor Markov : Machine learning researcherNick Ryder : technical staff
Persons: Sam Altman, Steven Heidel, Marc Benioff, Heidel, Altman, Mira Murati, Murati, Brad Lightcap, Lightcap, Jason Kwon, Kwon, Wojciech Zaremba, Geoffrey Hinton, Ilya Sutskever, Alec Radford, Radford, OpenAI, Peter Welinder, He's, Github Copilot, Anna Makanju, Andrej Karpathy, OpenAI's, Michael Petrov, Petrov, Greg [ Brockman, Miles Brundage, Brundage, John Schulman OpenAI, Srinivas Narayanan, Scott Grey, Grey, Bob McGrew, Research Che Chang, Lillian Weng, Safety Systems Mark Chen, Frontiers Research Barret Zoph, Peter Deng, Jan Leike Evan Morikawa Steven Heidel Jong Wook Kim, Tao Xu, Christine McLeavey, Christina Kim, Christopher Hesse, Heewoo, Alex Nichol, William Fedus, Henrique Ponde de Oliveira Pinto, Aditya Ramesh, Hunter Lightman, Harrison Edwards, Yura, Tyna, Pamela Mishkin, Casey Chu, David Dohan, Aidan Clark, Raul Puri, Leo Gao, Yang, Giambattista Parascandolo Todor Markov, Nick Ryder Organizations: Business, BI, OpenAI, Khosla Ventures, Facebook, Research, Google, Tesla, U.S . Department of Energy, Oxford University, Safety Systems, Frontiers Research Locations: Albania, Canada, OpenAI
From product updates to startup rebrands, community has been at the forefront of press releases these past several months. Kajabi, a popular online course platform, recently announced that its creators had earned more than $6 billion using its platform. "We need a bit of everything," Amsellem said, adding that online communities and social platforms "are not going to solve loneliness" by themselves. For instance, Lennon's community on Kajabi hosts about 3,000 members — roughly the size of a small town in the US. Across all of Kajabi, the platform hosts more than 32,000 communities and over 2 million community members, per the company.
Persons: Jack Conte, Conte, Patreon, Kajabi, Teri Yu, Eli Valentin, Fourthwall, Valentin, chatbots, Yu, Hugo Amsellem —, , Patreon's Conte, There's, Rob Lennon, Lennon, aren't, Amsellem, it's, BI's Marta Biino, YouTubers KSI, Logan, Cenat Organizations: Business, X, Vibely Locations: Kajabi, Silicon Valley, London
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThis as-told-to essay is based on a conversation with Vivian Tu, a 29-year-old content creator and founder of social-media brand Your Rich BFF. Every video of mine starts with the tagline, "I'm Vivian Tu, your rich BFF and your favorite Wall Street girly." At first, it was just ads on my videos on TikTok, and later on Instagram, YouTube, and other platforms. I don't think that's wise.
Persons: Vivian Tu, , Morgan, Rich BFF, WME, I've, I'm Organizations: Service, YouTube, Penguin, DMs Locations: BuzzFeed
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Today, it revealed a redesign that changes the layout of DMs and notifications for the desktop and mobile versions. "At first glance, Slack may look pretty different from what you're used to seeing," the company admits on its FAQ. There was a big Slack redesign back in 2020 and we all seem to have come through OK.AdvertisementAdvertisementIn the meantime, please be kind to your local white-collar workers today.
Persons: Slack, , it's, they've Organizations: Service, Salesforce
Brianna Lewis, 28, works as a personal assistant to top Twitch streamer Kai Cenat. AdvertisementAdvertisementThis as-told-to essay is based on a transcribed interview with 28-year-old Brianna Lewis, who is an assistant to Twitch streamer Kai Cenat. But I was never presented the right opportunity until late 2021, when a family member sent me Kai Cenat's Instagram story. Kai is a Twitch streamer and YouTube creator with millions of subscribers across multiple platforms. You can kind of gauge when they're going to need you, and what exactly they're going to need — probably before even they realize that they need it.
Persons: Brianna Lewis, Lewis, DMing, , I've, Kai Cenat's, Kai, I'm, It's, we've, Drake, Kai Cenat Organizations: Service, Instagram DMs, YouTube Locations: Instagram, Georgia, Charlotte , North Carolina, Atlanta
"During the pandemic, I realized how I was taking IRL experiences for granted and working remotely, spending less time with friends, I just felt extremely isolated," Loar said. "It was really centered around helping you and your friends make IRL plans to build stronger relationships." Now, Whatever's team is pivoting its focus to couples and how best to use technology to help couples plan dates and spend meaningful time together. "Couples will be able to bookmark plans from the discovery feed and turn them directly into date plans," Loar added. Whatever is focusing on helping couples plan dates.
Persons: Mallory, Loar, Vivek Murthy, Kevin Wilson, Zack Zapasnik, Stanislav Vishnevskiy, Matthew Prince, it's Organizations: Twitch, Facebook
I'm fucking done," she told a reporter at Time, who described Wolfe Herd as "blinking back tears" during the interview. "My hands are tied," Wolfe Herd told the audience, according to several people who were in the room. Wolfe Herd once called him her biggest mentor, saying, "He's become my family and one of my best friends." Some early employees said they only found out about the shadow-equity program, and who received it, years later. Based on the current share price, Wolfe Herd is no longer a billionaire, though her fortune still sits at an estimated $627 million.
Persons: Whitney Wolfe Herd, Andrey Andreev, Wolfe Herd, Bumble, Whitney Wolfe, Wolfe, Bumble wasn't, Charley Gallay, I've, Robbie McKay, McKay, Jerod Harris, Sarah Mick, Bumble's, That's, Mick, Justin Mateen, Tinder, Antoine Antoniol, Andreev, What's, He's, , Jody Thelander, Alexandra Williamson, Samantha Fulgham, Chelsea Maclin, Caroline Ellis Roche, Michael Herd, they'd, Taylor, they're, Vivien Killilea, didn't, Charles Elson, Elson, Blackstone, Forbes, Ben Bergman Organizations: Worldwide Vision, Nasdaq, Carlton, Getty, Fortune, Andreev's, TechCrunch, Southwest, telltale, Founders, Chelsea, Austin, Ritz, Mailchimp, Intuit, University of Delaware, Twitter Locations: Russian, Austin, Los Angeles , California, Bumble, Northern California, Deer Valley , Utah, Punta Mita , Mexico, Tinder, London, Bermuda, WVL, San Francisco, Texas, Positano, Italy, Bay, Atlanta, MagicLab, Badoo, bbergman@insider.com
Sam Bankman-Fried was found guilty of all seven charges against him. AdvertisementAdvertisementA New York jury took less than five hours on Thursday to find Sam Bankman-Fried guilty of all seven charges the FTX founder faced. Now facing up to 110 years in prison, SBF's conviction marks the final nail in the coffin for the coterie of crypto bros who got rich quick. Bankman-Fried also testified he believed regulation would help give FTX a competitive edge over rival crypto exchange Binance. That complaint includes one especially damning exchange, in which the SEC alleges Binance's chief compliance officer said:"we are operating as a fking unlicensed securities exchange in the USA bro."
Persons: Sam Bankman, Fried, Crypto's, , Renato Mariotti, that's, it's, SBF, Binance's, There's, Kwon, Luna, Elon Musk's, Joe Biden's Organizations: Service, bros, BlackRock, DMs, Securities, Exchange Commission, Binance, SEC, New York Magazine Locations: York, Japan, Washington, Binance, USA
Deb Perelman, the best-selling cookbook author and creator of Smitten Kitchen, tends to focus her social media posts on her work, like pasta or chocolate chip cookie recipes. Of course, many people see immense importance in posting on social media about the war. Social media feeds have focused on major news events many times before. The Israeli-Palestinian conflict is a uniquely thorny and divisive issue to navigate on social media, though, particularly for those not educated about the region or its history, or who are still forming their opinions. People of both faiths have asked her to post about the war on social media, she said, and sending her graphic images.
Persons: Deb Perelman, , , Perelman, ” Ms, , outpourings, Israel, Phoebe Lind, Maddie Coppola, Israel ”, Coppola, Ms, Andrey Romanov, Nazhath Faheema, Faheema, — they’re, Minaa, ’ ”, Agneez Kang, Kang, ” Yiwen Lu Organizations: Harvard, Artforum, Harper’s, Facebook, LinkedIn Locations: Israel, Gaza, Washington, New York, Singapore,
HBO's CEO admitted to using fake Twitter accounts to hit back at critics' negative reviews. One of the fake accounts was reportedly for a fake Texas mom named Kelly Shepherd. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Bloys admitted Thursday that he made secret Twitter accounts to take digs at critics' negative reviews of HBO's programming. One of the troll accounts was created in the name of a fake Texas mom named Kelly Shepherd, whose bio describes her (ahem, Bloys) as a vegan, aromatherapist, and herbalist.
Persons: Casey Bloys, Kelly Shepherd, , Bloys, Sully Temori, Stone, Kathleen McCaffrey, McCaffrey, Temori, James Poniewozik, Joss, Shepherd, Hale, Mike Hale, — Kelly Shepherd, Alan Sepinwall, Alan Organizations: Service, HBO, Max, Variety, Bloys, New York Times, Times Locations: Texas, York
“I have progressed over the last couple of years to DMs,” Bloys said Thursday at the HBO and Max 2024 Slate Presentation in New York. In a statement, HBO did not deny the social media campaign and said it intended to defend itself in Temori’s suit. “HBO intends to vigorously defend against Mr. Temori’s allegations. We are not going to comment on select exchanges between programmers and errant tweets,” a spokesperson said. In the meantime, we wish Mr. Temori, a former HBO employee, well in his future endeavors.”
Persons: Casey Bloys, Stone, Sully Temori, Bloys, ” Bloys, ” “, Temori, Organizations: CNN, HBO, DMs, Max, Warner Bros Locations: New York
Cenat, who is a top Twitch streamer and YouTube creator with millions of subscribers across multiple platforms, was looking for an assistant. Cenat responded to her message, writing that she could have the job if she could get one task done. There's even a job board dedicated to finding work with a YouTube creator: YT Jobs . The staffers ranged from full-time employees to contractors, and they described days filled with unimaginable stunts, inconsistent work hours, varying salaries, and frequent pivoting. "It's like the old adage of, 'If you love what you do, you never work a day in your life.'"
Persons: Brianna Lewis yearned, Kai Cenat's, Cenat, Lewis, She's, Jimmy Donaldson, Preston Arsement, YT, Britt Carter, Kai Cenat, Brianna Lewis, Carter, Drake, Peter Sanjur, Sanjur, Zi Yuan, Yuan, Jason Russak, YouTuber Jesse Riedel, Russak Organizations: Instagram DMs, YouTube, Research, Oxford Economics Locations: Georgia, Charlotte , North Carolina, Atlanta , Georgia, Greenville , North Carolina, Smoky, Japan, Tokyo
Goldman exec exits revealed
  + stars: | 2023-10-27 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're taking a deeper look at the number of partner departures at Goldman Sachs under CEO David Solomon. The big storyGoldman exits, by the numbersPaul Morigi/Getty Images; Jenny Chang-Rodriguez/InsiderAt least 210 Goldman Sachs partners have left on David Solomon's watch. It's also higher than Insider's analysis of yearly partner exits during the 14 years before Solomon took over as CEO, which came to 40.4. AdvertisementAdvertisementThe case for SolomonWhile partner departures under Solomon have increased, according to our analysis, it hasn't been a massive bump. Former Goldman partners become future Goldman clients, the bank likes to say.
Persons: , Céline Dion, Goldman Sachs, David Solomon, What's, Goldman, Paul Morigi, Jenny Chang, Rodriguez, David Solomon's, Dakin Campbell, Emmalyse Brownstein, Walt Hickey, Kaja Whitehouse, It's, Solomon, Tony Fratto, Samantha Lee, hasn't, Lloyd Blankfein —, Solomon's, Solomon isn't beholden, it's, doesn't, Omer Ismail, CHANDAN KHANNA, Chelsea Jia Feng, Sam Bankman, Fried, SBF, Judge Lewis Kaplan, Israel, Duran Duran, Taylor Swift, Blake Shelton, Gwen Stefani, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Goldman, Walmart, Getty, View Press, Investors, Deal, Microsoft, MLB, The Arizona Diamondbacks, Texas Rangers, ExxonMobil, The Locations: Porirua , New Zealand, Chelsea, Israel, Arlington , Texas, Chevron, AutoNation, New York City, San Diego, London, New York
Having employers examine social media wasn't a winning idea for most people. Only about four in 10 workers were comfortable with letting employers mine social media posts — signed or anonymous — for insights. That could come from sites like Glassdoor or apps like Blind or even social media posts that don't identify individuals. Not surprisingly, younger workers were somewhat more comfortable than their older colleagues with companies monitoring social media posts. Among Gen Z and millennial workers, 45% were OK with employers reviewing non-anonymous social media posts.
Persons: , Benjamin Granger, Granger Organizations: Service, Boomers
Mark Zuckerberg is making good on his promise to accelerate the use of Threads. "I'm highly confident that we're gonna be able to pour enough gasoline on this to help it grow," Zuckerberg said. As the app has matured quickly in recent weeks, users have started to return and downloads have continued to rise. So far in October, Threads has hovered around 33 million daily active users and 120 million monthly active users, according to data from Apptopia, up from about 25 million daily users and 100 million monthly users in July. "A big thank you to everyone who's made Instagram and Threads what they are today," Adam Mosseri, head of Instagram, wrote on Threads about the event.
Persons: Mark Zuckerberg, Elon, Zuckerberg, it's, who's, Adam Mosseri, Instagram, Jorge Caballero, Angelo Zino Organizations: Twitter, Facebook, Meta Locations: Apptopia, Instagram DMs, New York, monetize
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . His line of work depends on networking, and he's noticed a decline in touch points across the board, including conference attendance and one-on-one meetups. Multiple experts told me the way we network has changed due to the pandemic and discussed the modifications they've witnessed and experienced. "Ever since people moved into hybrid or remote because of the pandemic, more people are actually responsive towards direct messages," Param said. But now, they're agreeing to meet up and having pretty robust but casual chats — most of the meetings have nothing to do with recruitment anymore, Param told me.
Persons: , We're, Scott Fletcher, he's, Cheryl Campanaro, TikTok, Campanaro, Stanton Chase, Waters, You've, there's, Fletcher, they're Organizations: Service, Growth, LinkedIn, Facebook Locations: Ubers
Social listening refers to monitoring your social media for customer feedback and industry trends. Social listening isn't easy, but small-business founders say it's worth your time. Here, two small-business owners explain how social listening benefits their companies. Sharma and Arias handle most of the social listening for their companies, with help from their small teams and the tools available within social platforms. "It's very manual," Arias said, adding that her customer-care consultant helped with day-to-day social listening and responding to comments and DMs.
Persons: SBOs, , Ash Sharma, Sharma, Noa Arias, Bloomers, Shaula Alexander Yemini, David Wagner, Arias, Naomi Phan Organizations: Small, Service, New York, Cincha Locations: Oakland , California, New York City
It's been 10 years since he released his cover of “Wagon Wheel,” one of the most popular country songs of all time. On Friday, he released “Carolyn’s Boy,” his eighth solo full-length album in tribute to his mom. There’s nothing somber about this tribute album — “Carolyn's Boy” is about the good times. “She was a happy person.”Optimism is found all over “Carolyn’s Boy." If anything, that is the spirit Rucker carries hopes throughout “Carolyn’s Boy": it should sound like a celebration.
Persons: Darius Rucker ’, Carolyn Rucker didn’t, It's, Darius Rucker, , , , I’m, Rucker, ” —, Carolyn, Darius, Al Green, ” Rucker, Hart, Danica Hart, Devynn Hart, Trea Swindle, Parton’s, Jolene ”, they’d, Sara, Ed Sheeran, He’s, Sheeran, Taylor Swift Organizations: ANGELES, , Associated Press, Twitter Locations: London, U.S
TikTok launched its e-commerce platform, TikTok Shop, on September 13, 2023. The social app's shopping business will be driven by FOMO and trends, fueled by its avid community of creators. After months of testing, TikTok this month launched TikTok Shop, an in-app commerce solution including shoppable short and live videos, checkout, TikTok Shop ads, fulfillment, and a marketplace accessible through a separate Shop tab. It has a roadmap and deep resources in parent company ByteDance, which can afford the $500 million loss TikTok Shop is expected to face this year. TikTok's commerce business will be driven by trends and FOMO, packaged up and delivered to users by creators.
Persons: TikTok, Jasmine Enberg Organizations: Intelligence, Google, Media, Meta, YouTube, Shop, Amazon Prime
Niki Shiva, 17, from Hayward, Calif., said she sets her phone to “do not disturb for everyone except mom” to mitigate her anxiety. Several of the teens we spoke to said that, when possible, they remove accounts from their social media feeds that chip away at their self-esteem. Four of five teenagers in the United States said that what they see on social media makes them feel more connected to what’s going on in their friends’ lives, according to Pew Research Center. “Every time I open my phone, I don’t see perfect celebrities,” she said. “Sometimes I like to put alarms on to tell me when to stop being on my phone,” she said.
Persons: Niki Shiva, Niki, , Janine Edmunds, Kamryn, unfollowed influencers, I’ll, , Ella Moyer, , Rosalina Pinkhasova Organizations: DMs, Pew Research Center Locations: Hayward , Calif, South Jamaica, Queens, , New Orleans, United States, Scottsdale, Ariz, Fresh Meadows
Roiland frequently followed and interacted with the starstruck "Rick and Morty" fans on social media and dating apps. "However, now that the legal case has ended, I'm determined to move forward and focus both on my creative projects and restoring my good name," Roiland wrote. Haha," Roiland wrote. Veronika Sweeney tweeted screenshots of direct messages Roiland sent her in 2014 when she was 22. "But I felt like you weren't okay," Roiland wrote in another text message.
Persons: Justin Roiland, Michael Kovac, Rick, Morty, McDonald's, Roiland, he'd, Andrew Brettler, I'm, Elon Musk —, Ruby, influencers, Janna Waters, Waters, it's, Roiland messaged, Rick Sanchez, , Jesus Christ, Hailey Long, Long, Veronika Sweeney, Sweeney, wasn't, Uber, RICK, MORTY, Justin, Roiland texted, texted, dicks Organizations: San Diego Comic, NBC News, Squanch Games, NBC, Illinois, biiiiitch, Con, Facebook, Twitter, YouTube Locations: Los Angeles, Roiland, Orange County , California, Boston, Tinder, Roiland's, Massachusetts, San Diego, Raleigh , North Carolina, Pennsylvania
The Webb telescope, which can detect infrared light invisible to the human eye, searched for exactly what elements are featured in the planet’s atmosphere. On Earth, dimethyl sulfide “is only produced by life,” according to NASA. Hot ocean worldsThe discoveries about its atmospheric composition suggest it could be a “Hycean exoplanet,” a theoretical type of exoplanet that runs hot but is covered in oceans and has a hydrogen-rich atmosphere. There are no confirmed Hycean exoplanets just yet. “This means our work here is but an early demonstration of what Webb can observe in habitable-zone exoplanets.”
Persons: CNN — Waters, James Webb, Webb, Nikku Madhusudhan, Madhusudhan, , ” Madhusudhan, , Savvas Constantinou Organizations: CNN, James Webb Space Telescope, NASA, Hubble, University of Cambridge, Astrophysical
NASA's James Webb Space Telescope discovered signs of a vast ocean on the planet K2-18 b. Astronomers can't directly look at the surface of the planet, called K2-18 b, but Webb analyzed its atmosphere for hints of what may lie below. That's a strong mark against the molecule's existence on K2-18 b. Confirming these findings requires a lot more observation of K2-18 b. As Blain put it: "K2-18 b is not exactly an Earth twin."
Persons: NASA's James Webb, Webb, James Webb, Madhusudhan, That's, Aaron Gronstal, Doriann Blain, Max Planck, Blain, peered, Webb’s, Crawford, J, Olmsted, haven't, Eliza Kempton, we've, Markus Scheucher, Kempton, I'd, there's, Marianne Guenot Organizations: NASA's James Webb Space Telescope, Service, NASA, University of Cambridge, DMS, Max, Max Planck Institute, Astronomy, Hubble, European Space Agency, CSA, ESA, Cambridge University, Astrophysical Journal, University of Maryland, Jet Propulsion Laboratory Locations: Wall, Silicon
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