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Applying for a business credit card using an EIN keeps your personal and business finances separate. Advantages of using an EIN for business cardsUsing an EIN for business credit cards offers several advantages for business owners. SVB Innovators Card: The SVB Innovators Card earns 2x points on all business spending, making it a rewarding choice for business owners who want a business credit card using only an EIN. The SVB Innovators Card earns 2x points on all business spending, making it a rewarding choice for business owners who want a business credit card using only an EIN. How to obtain an EIN for business card applicationsIf you want to get a business credit card using your EIN, you might need to start by obtaining the EIN itself.
Persons: , EIN, Holly Johnson, it's, Julia Menez, BILL, Keogh Organizations: Service, Internal Revenue Service, IRS, Card, EIN Locations: United States, Chevron
This article is part of our "Business for Good" series spotlighting business leaders and companies that are driving meaningful changes from Singapore. Currently based in Singapore, he's serving as our trusted resource for the innovative projects unfolding in one of the world's most advanced and progressive business hubs. The city-state's government is nimble and efficient; the business atmosphere is open and collegial; and the quality of life is unparalleled. NesteSingapore is considered a global business hub thanks to its great sea and air connectivity, developed infrastructure, stable political and regulatory environment, and skilled workforce. Bartholomeusz shares my appreciation for Singapore's public safety.
Persons: Kris LeBoutillier, he's, It's, Steven Bartholomeusz, APAC, it's, José Pedro Borges, Borges, Maya Hari, — Hari, Hari, Terrascope Organizations: EDP Renewables, APAC, Cisco, Google, Microsoft, José Pedro Borges Companies, Insider Studios, Singapore Economic Development Board Locations: Singapore, Asia, Thailand, Indonesia, New York City, Neste, Neste Singapore, Lisbon, EDPR
Billionaires are actually great for the economy, a director at the American Enterprise Institute argues. That's because billionaire innovators produce trillions of dollars of value for the US. The center-right think tank's Michael Strain argues that billionaires produce many times their net worth in value for the economy through their innovations. But billionaire innovators — not billionaire heirs and heiresses — may be the exception to that, Strain said. AdvertisementIn fact, billionaire innovators should be considered "worthy of emulation" for children, Strain added, praising an array of business icons.
Persons: , Elon Musk, Jeff Bezos, Michael Strain, heiresses, Strain, Bezos, Mark Zuckerberg, Bernard Arnault — Organizations: American Enterprise Institute, Service, Amazon, Syndicate, Economic
The company's stunning progress garnered the love of Wall Street, with analysts upping their price targets on the stock to account for future growth and naming it among their top AI picks. Nvidia's 'iPhone moment' Few could have predicted the frenzy ChatGPT would create when it debuted in late 2022, but no company could have been better prepared for the excitement than Nvidia. What to expect in 2024 Many on Wall Street don't foresee Nvidia hype dying down in the new year. In fact, many investors expect shares to keep rising as long as the company can smash expectations and guide higher. That's a feat many on Wall Street expect the company to accomplish, with the consensus price target implying another 35% upside for shares, according to FactSet.
Persons: Paul Meeks, Karl Freund, Freund, They've, Kim Forrest, Meeks, there'll, Ken Mahoney, Forrest, they've Organizations: Nvidia, Devices, Research, Bokeh Capital Partners, Intel Locations: Nvidia's
In the pharmaceutical industry, AI may one day accelerate new-drug development. In the foreseeable future, McClain expects the healthcare industry to use AI technology to design personalized medicines. Risks to considerWhile AI offers promise for the healthcare industry, there are also a variety of risks professionals using AI must consider and mitigate. Showalter said that a lack of "comprehensive regulations" can also make using AI technology in healthcare settings risky. With this in mind, he said, the medical industry must understand the "fundamentals of AI and its applications in healthcare."
Persons: , Sean McClain, McClain, Tim Showalter, Showalter, it's, Fred, haven't, Surya Josyula, Josyula Organizations: Experts, Service, Northwestern Medicine, Fred Hutchinson Cancer Center, UW Medicine, University of California, Fujitsu, Aichi Cancer, Fujitsu Laboratories of America Locations: University of California San Diego, Nagoya, Japan, China, United States
Now, though, a massive new study published in the journal Nature has shed new light on the effect of remote work on innovation. Even though remote work is a relatively new development in corporate settings, scientists and inventors have been collaborating over long distances for decades. On remote teams, by contrast, the more established collaborators tended to come up with the original idea on their own. And just because remote collaboration didn't work for innovation in the past doesn't necessarily mean it won't work in the future. But the study's findings — given the remarkable sweep of the data it examined — do suggest some guidance for companies in the age of remote work.
Persons: haven't, Carl Benedikt Frey, Frey, Watson, Crick's, they'll, who's, Slack, you'll, we're, Aki Ito Organizations: Netflix, Oxford University, University of Pittsburgh pored, Oxford, Duke University, Business Locations: Silicon Valley
I first spoke to Kwasi Mitchell, Deloitte's first chief purpose officer, in March about change in corporate America. For one, his role evolved from broadly touching on sustainability, equity, and social impact to overseeing all DEI — diversity, equity and inclusion — responsibilities at the consulting firm. Mitchell's insights are part of Business Insider's year-end leadership package, "Looking Ahead 2024," which digs into vision, strategy, and challenges across corporate America. I distinctly remember sitting across the table, starting to work with our collaborators on what actually could this be. Having a coalescing force with a few organizations to drive momentum could be really really interesting and impactful in the future.
Persons: Kwasi Mitchell, Deloitte's, Mitchell, there's, He's, we've Organizations: Service, DEI Institute, Deloitte, Economic, San Francisco Chamber of Commerce Locations: America, Business, San Francisco, Francisco, Ukraine, Israel, Palestine
After the sudden ouster of their CEO, hundreds of OpenAI employees signed an open letter demanding Altman's reinstatement and the resignation of the board. And for at least some of those OpenAI employees, there's relief that they don't actually have to go work for Microsoft. Advertisement"Even though we have a partnership with Microsoft, internally, we have no respect for their talent bar," the current OpenAI employee told BI. Money, the great motivatorBeyond the culture clash between the two companies, there was another important factor at play for OpenAI employees: money. Furious Microsoft employeesSome Microsoft employees, meanwhile, were furious that the company promised to match salaries for hundreds of OpenAI employees.
Persons: , Sam Altman, Altman, Greg Brockman, Brockman, OpenAI, who's, Kali Hays, Ashley Stewart, Darius Rafieyan Organizations: Service, OpenAI, Microsoft, Business, BI, San, CNBC Locations: OpenAI ., San Francisco, OpenAI, khays@insider.com, astewart@insider.com
And OpenAI, the company behind ChatGPT, is on its third CEO in as many days. And how should other institutions – governments, non-tech industries, global alliances, regulatory bodies – reign in the worst excesses of potentially dangerous AI innovators? This dynamic – a potentially dangerous technology developed at extreme speed, largely behind closed doors – is partly to blame for Altman’s firing. And we all have a stake in whose interests AI will serve – and right now, its development is being funded with billions of dollars by people expecting to make a huge profit. The Altman story is fascinating because Altman is the most powerful figure in AI technology, which in effect makes him one of the most powerful men in the world.
Persons: Jill Filipovic, Sam Altman, Altman, Jill Filipovic It’s, OpenAI, CNN’s David Goldman, he’ll, , Organizations: Twitter, CNN, Microsoft, Israeli Defense Force Locations: New York, Big Sur, Yorker, Atlantic, Silicon Valley
Drivers must keep track of their condition because driving on old, bald tires is a disaster waiting to happen. And disposing of or recycling millions of old tires around the world is a dirty business in dire need of new solutions. For eco-minded users, Treads promises to recycle all your old tires and donate a percentage of profits to atmospheric carbon removal. SailunLocation: ChinaSailun is not a startup, but an established Chinese tire company. Sailun says the rubber compound in its ERange electric vehicle tires has a lower rolling resistance compared to ordinary tires.
Persons: , James Dyson, It's, Tyromer, Michigan's, TyreFlow, Sailun, Andrew Moseman Organizations: Service, Smart Tire, NASA's Glenn Research Center, Smart Tire Company, NASA, Program, Hyundai, Kia, British, Planet Fund, Imperial College London, University of Waterloo, Discount Locations: Los Angeles , California, London, Ontario, Canada, Plymouth , Michigan, Texas, Park City , Utah, Lancaster, Pennsylvania, U.S, China
Kigali, Rwanda CNN —For over a decade, AfriLabs has been at the forefront of cultivating a vibrant tech ecosystem across the African continent. The annual AfriLabs Gathering, held in Kigali, Rwanda, is a testament to its commitment to uniting the African tech community. AfriLabs has been at the forefront of cultivating a vibrant tech ecosystem across the African continent. With a trailblazing woman at its helm, Afrilabs addresses the gender gap in the tech industry, recognizing that the African tech landscape remains predominantly male-dominated. Its participation in the Nigeria Startup Act and the ongoing Nigeria Startup Act State Adoption program showcases commitment to driving conversations and effecting change, says Guobadia.
Persons: AfriLabs, Anna Ekeledo, Ekeledo, , “ We’ve, Afrilabs, ” Ekeledo, Oswald Osaretin Guobadia, Organizations: Rwanda CNN, Consultancy, McKinsey, Company, Algeria Venture, Builder.ai, AfriLabs, Visa Foundation, Business Angel Network, CNN, Nigeria Startup Locations: Kigali, Rwanda, Africa, North Africa, Afrilabs, DigitA, Abuja, Nigeria,
By Chen LinSINGAPORE (Reuters) - Britain's Prince William attended the annual Earthshot Prize ceremony on Tuesday, which awards 1 million pounds ($1.23 million) to each of five green innovators working on projects including a cleaner lithium-ion battery and ocean conservation. "The light of optimism is burning bright in our Earthshot finalists," Prince William said at the ceremony in Singapore. Representing six continents and chosen from over 1,300 nominees, the 15 finalists' projects ranged from a scheme to plant, grow and digitally track trees in Liberia to a less carbon-intensive method of treating industrial wastewater. William, who became heir to the British throne after Queen Elizabeth died in September last year, set up the prize in 2020. This is William's first trip to Singapore since 2012, when he visited with his wife Kate, the Princess of Wales.
Persons: Chen Lin SINGAPORE, Britain's Prince William, Prince William, William, Queen Elizabeth, John F, Kate, Princess, Wales, Chen Lin, Bernadette Baum Locations: Singapore, Hong Kong, Liberia, Kensington
The device works quicker than the average smoke detector by using a thermal camera. "That was really moving for my family because it was something that we had never really experienced before," Gill told Insider. It inspired her to create a fire-detection device that could identify fires faster than an average smoke detector and send a text to users to alert them of a fire. Ajmera told Insider the 30 finalists were judged on two factors: the projects themselves and a series of surprise challenges they completed in pre-assigned teams. "During the challenges and throughout the competition, what we understand is she exhibited leadership, collaboration, she exhibited grace, and critical thinking skills," Ajmera told Insider.
Persons: Shanya Gill, Gill, , She's, Ajmera, Society for Science Gill, that's Organizations: Service, Fisher Scientific, Society for Science, Competition
SINGAPORE (AP) — Prince William arrived Sunday in Singapore for the Earthshot Prize awards, the first to be held in Asia, to support environmental innovators with solutions to battle climate change and save the planet. William, 41, shook hands, signed autographs and sportingly took selfies with many of them during a walkabout. “It’s fantastic to be back in Singapore for this year’s Earthshot Prize ceremony, after eleven years," he said in a statement upon landing. That inspired the prince and his partners to set a similar goal for finding solutions to pressing environmental problems by 2030. William, a keen sportsman, will also try his hand at dragon boating, a popular sport in Singapore and many parts of the world.
Persons: — Prince William, William, sportingly, Johanes Mario, Catherine, Hannah Waddingham, Robert Irwin, Oscar, Cate Blanchett, Lana Condor, Nomzamo, John F, Tharman Shanmugaratnam, Lee Hsien Loon, Robert Irwin's Organizations: SINGAPORE, Sunday, Changi, Royal Foundation, Boston, Singapore’s, Singapore, United, Wildlife Locations: Singapore, Asia, Wildlife, London, William, Kensington, Southeast Asia
On Monday, Epic Games, the company behind the hit game Fortnite, will appear in federal court in San Francisco to kick off a monthlong trial in its own antitrust lawsuit against Google. Epic is expected to argue that Google is violating both state and federal antitrust laws — as well as its founding principle, “Don’t be evil” — by wielding monopolistic power over app developers on its Google Play Store on Android mobile phones. The video game developer had tried to bypass the Play Store’s fees by letting Fortnite players pay Epic directly for in-app items, prompting Google to bar the game from the store. (The company says 99 percent of developers qualify for a fee of 15 percent or lower on in-app purchases. Larger app makers like Epic must pay 30 percent.)
Organizations: Google, Justice Department, Games Locations: Washington, San Francisco
Federal Trade Commission (FTC) Chair Lina Khan testifies before a House Judiciary Committee hearing on "Oversight of the Federal Trade Commission," on Capitol Hill in Washington, U.S., July 13, 2023. Surrounded by tech workers and VC investors in San Francisco, Khan reiterated her focus on artificial intelligence, an area her agency has been tasked with looking into by President Joe Biden's executive order this week. "We’re very much focused on using our laws to protect everybody: Consumers, but also workers," she said in a standing-room-only nightcap appearance in San Francisco on Thursday. Big Tech companies, particularly Amazon (AMZN.O) and Meta, view Khan, who rose to prominence after publishing a 2017 academic article pointing to Amazon’s practices as anticompetitive, as an impediment. Reporting by Krystal Hu and Greg Bensinger in San Francisco; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Lina Khan, Kevin Wurm, Khan, Kahn, Joe Biden's, he'd, , Krystal Hu, Greg Bensinger, Jamie Freed Organizations: Federal Trade Commission, REUTERS, FRANCISCO, Federal Trade, Big Tech, D.C, Mission, Stanford University, Meta, Republican, Activision, Thomson Locations: Washington , U.S, Silicon, New York, San Francisco
In 1990, Arm (NASDAQ: ARM), then a startup based in Cambridge, UK, filled the void with high-performance, power-efficient, and small form-factor processor technology for battery-run products. The processor architecture was so robust that AI functions could be built into the devices themselves – voice, touch, and facial recognition. Delivering the right compute, from cloud to edgeEnormous cloud data centers process most of the world's big AI workloads today because they can do so more efficiently at scale. Arm technology is also designed to follow and support AI workloads as they increasingly get distributed outside the cloud to edge devices. As the most pervasive CPU architecture ever, Arm is at the forefront of the AI/ML revolution, powering billions of devices from smartphones to cloud servers.
Persons: Grace Hopper, We're Organizations: NASDAQ, ARM, Intel, NVIDIA, Insider Studios Locations: Cambridge, UK
Inside WSJ. Magazine’s 2023 Innovator Awards
  + stars: | 2023-11-01 | by ( Lane Florsheim | ) www.wsj.com   time to read: 1 min
Brand Innovator Kylie Jenner said the award was the first she’d won. “I’ve always loved beauty and fashion,” she said, “and to be recognized for the success of the brands I’ve built and my new Kye, which launched today, is so special.” Presenting her award, designer Haider Ackermann said of dressing Jenner for the Met Gala: “Our collaboration allowed us to think together, to work together, to dream together.”Getty Images for WSJ. Magazine Innovators Awards
Persons: Kylie Jenner, she’d, “ I’ve, , Haider Ackermann, Jenner
Global food-tech innovators like Corning Life Sciences and ScaleUp Bio are among those setting up shop. Inside a lab on the west coast of Singapore, the future of food production is being developed — or fermented, to be more precise. The company is ScaleUp Bio, a local contract development and manufacturing organization that provides submerged microbial and precision fermentation for food-tech startups. In the long term, this will reduce costs compared to traditional agricultural methods and help make food production more sustainable. Despite the sector's immediate funding challenges, Singapore is committed to being a consistent partner and helping companies with similar goals achieve success.
Persons: ScaleUp, Francisco Codoner, John Shyu, Shyu, ScaleUp's Codoner Organizations: Global, Life Sciences, ADM, Nurasa, Temasek, Deloitte, Good Food Institute, Singapore Government, Corning Life Sciences, Singapore's Agency for Science, Technology, Research, GFI, Food, Insider Studios, Singapore Economic Development Board Locations: Singapore, Southeast Asia, agrifood, Asia
"In prior years, people would pursue a cybersecurity college degree," Stomski said. At the same time, Wildavsky stressed that being dismissive about the value of a college degree is a mistake. "This is not about getting rid of college degrees," Stomski said, and she added that many of Walmart's corporate jobs will still require them. Examples of Walmart corporate roles that will not require college degrees including positions in operations and merchandising, but Stomski declined to be more specific. In August 2022, Walmart began eliminating around 200 corporate jobs as part of a restructuring effort amid a more challenging economic environment.
Persons: Terra, Stomski, We're, Lorraine Stomski, Julie Gehrki, Ben Wildavsky, Wildavsky, it's, , OpenAI, We've, Colleen Ammerman, Walmart's Organizations: Walmart, Walmart Inc, Terra Fondriest, Bloomberg, Getty, Target, Southern New Hampshire University, University of Arizona, University of Denver, Google, IBM, Tesla, GM, Accenture, University of Virginia, College, Marines, LinkedIn, Harvard Business School Locations: Bentonville , Arkansas, workforces, U.S, Minnesota
CNN —Moving beyond cosmetics, skincare and even a Bratz doll line, the youngest Kardashian-Jenner sibling, Kylie Jenner, is expanding her business portfolio with a new clothing line, named Khy, launching November 1. “The whole line is really inspired by my personal wardrobe, and the different moods that I’m in,” Jenner told WSJ. (The biker glam pieces that make up its first collection are in partnership with the Berlin-based fashion brand Namilia.) Courtesy Khy“Kylie’s obviously very aware of what she likes,” Haider Ackermann, the fashion designer behind Jenner’s 2023 Met Gala gown, told WSJ. She’s always been seduced by it.”“Creatively I have such a strong vision of what I want to look like and what I want to do and what I want to wear,” Jenner told WSJ.
Persons: Kardashian, Jenner, Kylie Jenner, it’s, Kendall, , Kim, Cass Bird, Khy, ” Jenner, Martin Scorcese, Ed Ruscha, Jerry Lorenzo, Rory Satran, Kylie —, Kris Jenner, Jens, Emma Grede —, Kim Kardashian’s Skims, Kardashian’s, Price, ” Haider Ackermann, Jenner’s, she’s, She’s, Organizations: CNN, Givenchy Locations: Paris, Berlin
Some hospitality businesses are becoming more inclusive with accessible tech for disabled travelers. Digital and physical tech has helped improve accessible travel experiences, but more can be done. Lawrence Sumulong/Lincoln CenterImproving accessible tech for the future of travelThe hospitality industry has a long way to go when it comes to accessibility. Two of the biggest issues with increasing accessible tech in this field are documentation of its benefits and the price of acquiring and integrating the tech. Many hotels and destinations either have trouble notating, or simply do not document, how much revenue they've made because of the accessible tech and services they provide.
Persons: , neuromyelitis optica, Conde, Terrell Lopez, that's, Isabelle Ducharme, Ducharme, Rod Stewart, Kéroul, it's, Simon Clark, Steve Freihon, Miranda Hoffner, Lincoln Center . Lawrence Sumulong, Lincoln Center Miranda Hoffner, Hoffner, Lawrence Sumulong, Brian Brennan, Brennan Organizations: Service, Kéroul, Ministry of Tourism, Tourism, Quebec Ministry of Tourism, Bonjour, Lincoln Center, Lincoln Center ., Lincoln, MMGY Global Locations: Quebec, Mexico, Stoneham, Playa Del Carmen, Atlantic City , New Jersey, New York, York City
Policymakers in Washington are now engaged in a wide range of discussions regarding how to prevent AI technology from spinning out of control. Rather than upending the old order, there's a real possibility in this case that disruption will help the big get bigger, with challengers struggling to gain any real traction. In short, AI shouldn't be a vehicle used to ensure that Silicon Valley-based Big Tech can extend its dominance. America has not always remained true to its embrace of bottom-up innovation — and the innovation economy has suffered as a result. This new technology should not be a wedge that further separates the tech world from the rest of America.
Persons: we're, we've, That's worrisome, Ma Bell, Steve Case Organizations: Big Tech, Brookings, America, Carolinas, D.C, Schumer's Locations: Washington, China, Silicon Valley, That's, Silicon, America, Arkansas, Sen
Nicole, a third-grade teacher, believes teachers need more money from schools for supplies and materials. Based on documentation shared with Insider, Nicole had spent a minimum of $4,000 of her own money on classroom materials and supplies since 2019. "Teachers said the median classroom school supply budget during the 2022-2023 school year was $200," a post about the results on AdoptAClassroom.org said. Nicole said that if teachers only spent the money given to them, "it would make our lives very difficult." AdvertisementAdvertisement"I think based on the amount of money teachers spend each year on supplies, resources, etc., school districts should provide teachers with more money," Nicole told Insider.
Persons: Nicole, , AdoptAClassroom.org, Sylvia Allegretto, Allegretto, That's Organizations: Service, school's, Center for Economic, Policy Research, Economic Policy Institute Locations: New York
For the first time in a long time, tech workers are in a funk. This rare combination of generous compensation and a reasonable work-life balance kept tech workers happier than employees in other industries. Economy wide, there were on average 6.6 front-line workers per manager in 2018 and 2019, but post-pandemic, the ratio dropped to 6 to 1. It's possible that as tech companies have grown into more complex organizations, more management layers are necessary. Fundamentally, it's about listening to and elevating the voices of front-line employees.
Persons: , Kristi Coulter, Aaron Terrazas Organizations: Linkedin, Tech, Wall Street, Federal Reserve, Microsoft, Amazon, California Bay, Austin , Texas —, Ford Motor Company, Intel Locations: Wall, California, California Bay Area, Austin , Texas, neckties
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