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☆ The hedge fund trade unwind that jolted Wall Street this week may continue to agitate markets
▼ + stars: | 2024-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

The recent unwinding of the yen "carry trade" could remain a long-term headwind amid already turbulent markets. JPY= YTD mountain The Japanese yen's appreciation against the U.S. dollar marked the unwinding of the so-called carry trade. "There's still quite a significant yen short position out there," Osborne said. He estimates that there is still a roughly $15 billion yen short position through July 30, still to be covered. In other words, that short position could drive more strength in the yen as that position is covered.

Persons: —, Shaun Osborne, Osborne, Everyone's, Rob Ginsberg, Ginsberg, FedWatch, Ben Emons Organizations: Bank of, U.S, Scotiabank, U.S . Federal Reserve, Bloomberg, Wolfe Research, Swiss Locations: Bank of Japan, Japan

☆ I was a stepmom before I became a biological mom. It's different, but both roles are important.
▼ + stars: | 2024-08-05 | by ( Megan Foley | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Paper stars decorated their walls, and a yellow halo of light shone around their door, cracked open so they wouldn't feel scared. For nine years, I've helped feed, clothe, and shelter them — not as their mom or dad, but as a parent nonetheless. AdvertisementI became a biological momThree years ago, I gave birth to a girl who consumes, delights, inspires, and exhausts me. So I can say this with conviction: being a stepparent and being a biological parent are different — but they're both valid.

Persons: —, I've, Kamala Harris Organizations: Service, Business

☆ How Kamala Harris' shortened campaign timeline could work in her favor
▼ + stars: | 2024-08-05 | by ( Katherine Tangalakis-Lippert | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Read previewWhen Kamala Harris took up Joe Biden's mantle last month and launched her campaign for president, she did so knowing that she'd have an abbreviated run leading up to the election. Harris' campaign started with sighs of relief from Democratic voters over Biden dropping out and instant enthusiasm that contributed to Harris' record-breaking fundraising efforts, Dagnes, who focuses on political media, said. "Young people represent a strategic sector for Kamala for two reasons," Gutiérrez told BI. AdvertisementTrump has also tried several lackluster nicknames against Harris, like "Laffin' Kamala Harris" and "Cackling Copilot Kamala Harris," which haven't gained traction like "Sleepy Joe" did against Biden. "By maintaining a high level of visibility and continuing to address key voter issues, Harris is well-positioned to leverage the remaining campaign period effectively."

Persons: —, Kamala Harris, Joe Biden's, Harris, Alison Dagnes, there's, Dagnes, Joe Biden, Barack Obama, Sergio José Gutiérrez, Kamala, Gutiérrez, Donald Trump's, Hillary Clinton's, Hillary, Trump, Joe, Biden, Harris — Organizations: Service, Business, Shippensburg University, Democratic, Biden, CNN, Labor, Howard University, Trump Locations: Chicago

☆ Photos capture the moment Americans released in a historic prisoner swap touch down on US soil
▼ + stars: | 2024-08-02 | by ( Sarah Gray | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Wall Street Journal reporter Evan Gershkovich, former US Marine Paul Whelan, and Radio Free Europe/Radio Liberty journalist Alsu Kumasheva touched down at Joint Base Andrews on Thursday night. The trio were greeted by President Joe Biden and Vice President Kamala Harris after being freed from detention in Russia as part of a massive multi-country prisoner swap, the largest exchange in post-Soviet history. Former US Marine Paul Whelan was the first to disembark, where he was greeted by President Joe Biden and Vice President Kamala Harris. Evan Gershkovich hugging his mother Ella Milman after speaking to President Joe Biden and Vice President Kamala Harris.

Persons: —, Evan Gershkovich, Paul Whelan, Alsu Kumasheva, Joint Base Andrews, Joe Biden, Kamala Harris, Whelan, Whelan's, David, Whelan wasn't, Britney Griner, Paul, Former US Marine Paul Whelan, Andrew Harnik, Gershkovich, Ella Milman, Kurmasheva, Pavel Butorin, Bibi, Miriam, Kevin Mohatt Organizations: Service, Street, Radio Free, Radio Liberty, Joint Base, Business, Marine, CBS, Former US Marine, Getty, Reuters, Brooke Army Medical Center Locations: Radio Free Europe, Russia, American, San Antonio , Texas

☆ As Ryan Salame stares down years in prison for his role in FTX, he's spending his time doing what he loves: posting
▼ + stars: | 2024-08-02 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +12 min

Read previewIn May, Ryan Salame was sentenced to 7½ years in prison for his role in Sam Bankman-Fried's multi-billion-dollar cryptocurrency fraud. In May, US District Judge Lewis Kaplan — who also oversaw Bankman-Fried's trial — sentenced Salame to 7.5 years in prison, higher than what prosecutors recommended. AdvertisementSalame says without evidence that a key witness in Bankman-Fried's trial liedSalame pleaded guilty to charges against him in September, shortly before the start of Bankman-Fried's criminal trial in Manhattan. At the trial, Singh said he initially cared about the political donations, but later just did whatever Salame told him to. In social media posts, Salame said Singh wasn't being truthful about his role in the use of FTX customer funds.

Persons: —, Ryan Salame, Sam Bankman, Salame, Fried, SBF, Trump, Donald Trump, RyAN, Lewis Kaplan —, Kaplan, ANGELA WEISS, weren't, German Shepherd, Caroline Ellison, Gary Wang, Nashad Singh —, Wang, Singh, Ellison hasn't, Salame didn't, didn't, Nishad Singh, FTX, Ellison, Singh wasn't, Nishad, I've, Guy, hasn't, he's, Joe Biden, Bitcoin, Gary Gensler, Biden, Kamala Harris Organizations: Service, Business, Alameda Research, US Bureau of Prisons, US, Mega, FTX, Circle Trade, CPA, HK, Republican Party, Twitter, Alamada Research, Prosecutors, Getty, FTX's, Office, Southern, of, Bankman, Republican, Alameda, SEC, Trump Card Locations: Bankman, FTX, Alameda, Bahamas, America, Nashville, Manhattan, Washington ,, United States, German, of New York, York

☆ Our neighborhood is our village. We often have meals together and take turns looking after everyone's kids.
▼ + stars: | 2024-08-01 | by ( Jenna Jonaitis | ) www.businessinsider.com time to read: +6 min

Who's in for a block family dinner?" AdvertisementMost people say it takes a village to raise a family, but every village can look different. Each couple would take turns hosting all the kids for a few hours on Saturday morning. But it's especially fun to watch kids on the block cycle through old favorites. AdvertisementOur neighborhood isn't perfect, and sometimes the workload may be uneven, but our neighborhood village supports us and is there for us.

Persons: —, Sam, there's, chitchat, Carolyn, Jess Organizations: Service, Business

☆ An ex-'Below Deck Med' cast member now crews a private luxury yacht in the Bahamas with her boyfriend. They work 16-hour days, but say it's the best hospitality job they've ever had.
▼ + stars: | 2024-08-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +6 min

AdvertisementLong days for the two-men crewAn interior view of the Sailing Location yacht. Lily Davison and Nik Dorward wear multiple hats on their trips, doing everything from cooking to acting as tour guides. Tops other hospitality jobsA coconut drink served on board Sailing Location. AdvertisementAnd they haven't had any nightmare guests, Davison said, unlike when she was on "Below Deck Med." Nik Dorward and Lily Davison aboard the Sailing Location yacht.

Persons: —, Lily Davison, Nik Dorward, Davison, It's, Dorward, Pablo Escobar's, James Bond's, they've Organizations: Service, Business Locations: Bahamas, Nassau , New Providence, Norman's, Staniel Cay, Florida

☆ New bill proposals aim to make it easier for disabled individuals to save money
▼ + stars: | 2024-08-01 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

Congress enacted legislation a decade ago to create accounts to help people with disabilities save money. ABLE accounts let disabled individuals save money outside of asset limit requirements set by federal-assistance programs while also accessing certain tax advantages. Investments in ABLE accounts grow tax deferred, while withdrawals are tax free, as long as they are used for qualified expenses. To date, more than 171,000 people with disabilities have saved an average of over $11,000 each through ABLE accounts, according to Casey. Last year, he proposed a bill called the ABLE MATCH Act that would create a federal dollar-for-dollar match to help lower-income disabled individuals save money in those accounts.

Persons: Sen, Bob Casey, Casey, Thomas Foley, Foley Organizations: Aging, Investments, Finance, Administration, National Disability Institute

☆ Millennial Internet Is Dead; RIP Neopets, Club Penguin, and Webkinz
▼ + stars: | 2024-08-01 | by ( Aimee Pearcy | ) www.businessinsider.com time to read: +13 min

At Club Penguin, I adopted colorful pets called puffles and purchased kitsch furniture for my virtual igloo. "I was big on Club Penguin, Wizard101, Moshi Monsters, and this obscure one called Ourworld," he told me. Club Penguin, which ran from 2005 to 2017, stands out as one of the era's most beloved virtual worlds. "That same generation logged into Club Penguin to play with friends." In 2017 it shut down Club Penguin and replaced it with a mobile version, Club Penguin Island.

Persons: millennials, Gen Zers, Dylan Maleno, Lance Priebe, I'd, Jake Hahn, they're, Sara Grimes, weren't, Flappy Bird, Disney, Toontown, they've, MMOs, Roblox, Ashley Hernandez, " Hernandez, Neopets, Dominic Law, Aimee Pearcy Organizations: Penguin, Disney, University of Toronto's, of Information, Fortnite, Facebook, The New York Times Locations: Pennsylvania, Wizard101, Moshi, Illinois, Fortnite, New York City

☆ A Nvidia employee shares 4 lessons he learned at the company over the last 5 years
▼ + stars: | 2024-07-31 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewA 38-year-old Subhan Ali is an AI product lead at Nvidia and has watched the company go through exponential growth over the last five years. But now that the AI boom is in full swing, Nvidia could become the world's most powerful company. Ali posted 23 lessons he learned at the company and shared them on LinkedIn. AdvertisementHe suggests doing things that are "radically different" and to build a vision around that. "If people or teams see something differently, it's just better in everyone's interest to openly discuss that," Ali told BI.

Persons: —, Ali, Nvidia hasn't, he's, doesn't Organizations: Service, Nvidia, Big Tech, Apple, Business, LinkedIn

☆ I fell in love with a charming town in Northern California. Once I finally moved there, I couldn't get away fast enough.
▼ + stars: | 2024-07-31 | by ( Jaime Stathis | ) www.businessinsider.com time to read: +6 min

Grass Valley, California, was one of those places for me. AdvertisementWhile Martin debated pros and cons, I quickly mapped Sacramento to Grass Valley — it was 56 miles. On a scouting trip, he agreed that Grass Valley seemed like a great place. But once we finally lived in the Northern California town, we realized we may have been better off just visiting. I lived in Grass Valley for two and a half years, and three years after moving away, I'm only in touch with a few people.

Persons: —, I've, Martin, he'd, Patty Thomas, we'd, Califonia Organizations: Service, Business, San, California . San Francisco Chronicle, Hearst Newspapers, Getty, Gold Rush Locations: , California, San Francisco, Missoula , Montana, Sacramento, Grass, Northern California, San Bernardino, Lake Arrowhead, Missoula, Berkley, Lake Tahoe, it's, Grass Valley, California, Nevada, Southern California, New England

☆ Microsoft's timeline for its massive AI bet is testing everyone's patience
▼ + stars: | 2024-07-31 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +1 min

Investors want to know when Big Tech's huge investments in AI will generate returns. 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 . From Silicon Valley to the Evergreen State, leaders of the world's most powerful companies have been busy spinning a tale that the technology will one day deliver a generational payday big enough to make their investment blitz worthwhile. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Evergreen State, Business Locations: Silicon

☆ Podcast: Samsung bets on the Galaxy Ring and AI as its next big thing
▼ + stars: | 2024-07-31 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +42 min

Along with its S24 series of smartphones, foldable devices, smartwatches and now the Galaxy Ring, Samsung is hoping to lock users into its world of products held together with its suite of artificial intelligence features, known as Galaxy AI. Arjun KharpalOne of the things Samsung said was look, the ring is one product, but we've got the watch, we've got the smartphone. I think that's the right approach for Samsung, I don't think they have unrealistic expectations for volumes on this. And you'd feel like if there was some sort of Apple ring, it would do pretty good volumes. Do you think Samsung is seriously looking at ways to monetize this via subscriptions or other kinds of service business model?

Persons: aren't, Tom Chitty, Ben Wood, Meta's Ray, Arjun, Tom Chitty I've, I've, we've, Arjun Kharpal, let's, It's, That's, it's, you've, they've, there's, they're, someone's, I'm, that's, you'll, Ben Wood It's, smartwatch, Arjun Kharpal Apple's, Ben Wood They've, Tim Cook, He's, who'd, Tom Chitty Diamond, somebody's, who've, wasn't, Samsung hasn't, we'll, Ben, they'll, Will, wearables, Kharpal, Arjun Kharpal Tom, Tom, Tom Chitty We'll Organizations: Samsung, South, Galaxy, CNBC, CCS Insight, Mobile, Apple, Garmin, Apple Watch, U.S, Vision, Samsung Electronics, Google, MWC Locations: South Korean, Paris, France, beyondthevalley@cnbc.com, There's, Finland, London

☆ Starbucks Reinvented How It Runs Its Cafés to Cut Down on Wait Times
▼ + stars: | 2024-07-31 | by ( Adam Rogers | ) www.businessinsider.com time to read: +7 min

Called the "Siren Craft System," it overhauls the workflow at some 10,000 of its coffeehouses in an effort to reduce inefficiency, speed up orders, and boost customer satisfaction. Every fast-food outlet, Starbucks cafés included, is a little factory. The new system instructs baristas to push cold drinks down in the queue in favor of hot ones. But the fact is, the cold drinks also take longer to make. The higher-grossing cold drinks take so long to make, in fact, that they're actually pretty low-margin.

Persons: you've, overachievers, Siren Craft, cranking, Michelle Eisen, baristas, they're, Craft, it's, They'll, It's, Eisen, Adam Rogers Organizations: —, Dutch Bros, Starbucks, Boeing, Google, Business Locations: America, Wells Fargo

☆ Insider Today: The world's meanest app
▼ + stars: | 2024-07-28 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Buying a home is an absolute disaster, but this 19-year-old real-estate agent has a unique way of showing you homes quickly. On the agenda today:This story is available exclusively to Business Insider subscribers. Getty Images; Jenny Chang-Rodriguez/BIShow me the profitsAs businesses continue to figure out ways to leverage generative AI, investors are starting to wonder: How can this help the bottom line? The world's meanest app.

Persons: —, it's, Matt Turner, Stocks, Jenny Chang, Rodriguez, Elon Musk's, Alyssa Powell, They're, Altman's, Alvaro Dominguez, — Mark Moran Organizations: Service, Business, Getty, Apple, Microsoft, Meta, Nvidia, Lazard

☆ My son is heading to college in the fall, and he's behaving worse than ever. I finally understand why.
▼ + stars: | 2024-07-28 | by ( Erika Elizabeth-Gold | ) www.businessinsider.com time to read: +4 min

God forbid I ask him where he's going, who he'll be with, or when he'll be home. He's 'soiling the nest'After doing some research, I learned that sudden sullenness is a common phenomenon as children prepare to move out. They are all headed to different schools across the country, and I know he's trying to figure out how to maintain those relationships. AdvertisementOur relationship is changing, not endingOf course, our son doesn't need me or his dad in the same ways as he did when he was younger. That means trying to understand and accept sometimes challenging behaviors as he prepares for this next important step.

Persons: It's, He's, I've, I'm, he's, he'll, Lay, they've, everyone's, isn't, He'll Organizations: Service, Business

That's why we've put together everything you need to know about where to watch free Olympics tennis live streams. If you want a piece of the action gratis, too, we can help you bypass geo-blocks that would usually stop overseas viewers from accessing the free Olympics tennis live streams. Watch Olympics tennis online. How to watch Olympics tennis in the USAThe best, and by far the cheapest, option to watch Olympic tennis in the USA is Peacock. Where to watch Olympics tennis in the UKThe UK's BBC will show select Olympics tennis events for free via the BBC iPlayer.

Persons: we've, Rafa Nadal, He's, Carlos Alcaraz, that's, Andy Murray, Dan Evans, Novak Djokovic, Alexander Zverev, Daniil Medvedev, Jasmine Paolini, Iga Swiatek, Coco Gauff, Naomi Osaka, Aryna, Elena Rybakina, Emma Raducanu, They're, ExpressVPN, Peacock, There's, It's, you'll, Stan Sport Organizations: Business, NBC, Peacock, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, USA Network, BBC, Eurosport, Olympics Locations: Paris, Australian, USA, Australia

☆ Food delivery fees are rising, and everyone's feeling the pinch
▼ + stars: | 2024-07-27 | by ( Justine Fisher | ) www.cnbc.com time to read: +11 min

Third-party food delivery is becoming the norm for American consumers, as delivery apps like Grubhub, DoorDash and Uber Eats take hold in day-to-day dining. It's also presenting customers and restaurants with an increasingly complicated equation of service fees, delivery costs and worker tips. San Francisco resident Zainab Batool, who said she orders delivery from either Uber Eats or DoorDash weekly, called the added fees "insane." The share of consumers choosing third-party delivery services over direct restaurant delivery is rising, up from 15% in 2020 to 21% in 2024, according to Technomic's 2024 Delivery & Takeout Consumer Trend Report. But using their delivery services instead of paying for in-house delivery is worth it for a business on the smaller side, he said.

Persons: Luiz C, Ribeiro, Uber, It's, Zainab Batool, Batool, Gordon Haskett, Grubhub, it's, DoorDash, Covid, Spencer Platt, they've, Shelle Santana, Lindsey Nicholson, Tony Scardino, Pizza, He's, Scardino, Meredith Sandland, Ann, Phillis Engelbert, Engelbert, Gabby Jones Organizations: Ribeiro | New York Daily News, Tribune, Service, Getty, Gordon Haskett Research Advisors, Companies, U.S . Mobility, Uber, Bentley University, Grubhub Marketplace, UCG, Amazon, Bloomberg Locations: Manhattan, Ribeiro |, Francisco, Amsterdam, California, New York City, U.S, Canada, Illinois, Chicago, Ann Arbor , Michigan, Detroit

☆ Doug Emhoff blasts JD Vance's 'stupid, uninformed' comments about Kamala Harris being a 'childless' cat lady: 'It hurt my feelings'
▼ + stars: | 2024-07-26 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Emhoff said that Vance's remarks show he doesn't appreciate the reality of a modern family. Emhoff's daughter, Ella Emhoff, and his ex-wife, Kerstin Emhoff, had already teed off on Vance over previously coming after their family. The Democrats are in complete disarray with the most unpopular Vice President in history as their party's nominee," Van Kirk said in a statement to Business Insider. I've got nothing against dogs," Vance told former Fox News anchor Megyn Kelly on her podcast.

Persons: —, Doug Emhoff, Sen, JD Vance, Ohio, Vance, Kamala Harris, Jennifer Aniston, Emhoff, Preet Bharara, Kirsten, Ella, Ella Emhoff, Kerstin Emhoff, Cole, Harris, Kamala, Doug, Taylor Van Kirk, Van Kirk, they've, Tucker Carlson, Emhoff's, I've, Megyn Kelly, Donald Trump Organizations: Service, Business, CNN, Senate, Democratic, Fox News, Democratic Party, Republican Party

☆ My dad is Black and my mom is white. I struggle to embrace my identity.
▼ + stars: | 2024-07-25 | by ( Clara Zimban | ) www.businessinsider.com time to read: +4 min

Being biracial has led me to question my identity a lot; I'm not white, but I'm not Black either — so what does that leave me with? I don't feel like I own this part of my identityPeople I meet for the first time often ask me about my "origins" — it's not something that used to bother me. But the older I get, the more I realize I don't feel I own this part of my identity. Part of my biracial experience comes down to acknowledging that I'm going to look like somebody different in everyone's eyes. AdvertisementLooking and feeling racially ambiguous has sometimes felt othering and occasionally made me feel like I didn't belong either in white majority settings or in Black majority ones.

Persons: biracial, I'm Organizations: Service, Latina Locations: Guadeloupe, West Indies, Southwest, France, Caribbean

☆ Many early-adopting EV owners around the world want to gas up again
▼ + stars: | 2024-07-25 | by ( Kaya Ginsky | ) www.cnbc.com time to read: +6 min

Many U.S. EV owners, in particular, are having second thoughts. EV adoption has slowed in the U.S., even as the recent earnings and delivery reports from both GM and Ford showed sizable increases in EV sales. Ford said EV sales were up 60%, to nearly 24,000 units, but CEO Jim Farley described a "more realistic and sharpened" EV plan during its earnings call. Drury said that some distinctions are becoming clear between all EV owners and those who are most satisfied. As battery range and density increase, and EV charging infrastructure improves, and prices continue down, Brauer said the picture should brighten for EV sales.

Persons: Scott Olson, Ford, Jim Farley, Tesla, Mary Barra, Edmunds, EVs, Ivan Drury, it's, I'm, Drury, Karl Brauer, they're, Brauer, Barra Organizations: Getty, McKinsey, U.S, EV, GM, Ford, Gallup, CNBC, ICE Locations: Chicago , Illinois, ICEs, Australia, Brazil, China, Germany, Norway, France, Italy, South Korea, U.S, , California

☆ The sober dating revolution is here, and Gen Z is leading it
▼ + stars: | 2024-07-25 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Gen Z is earning a reputation as the sober-curious generation that prioritizes their health, well-being, and authenticity when finding a partner. Ryan Mairs, 28, is a "Zillennial" on the cusp between millennials and Gen Z and has noticed the shift. Gen Z are drink less regularly than millennials, according to Statista data. AdvertisementA recent survey by DatingNews.com found that 65% of millennial and Gen Z respondents said they would prefer a "dry" first date. She's the founder of the sober dating platform Club Pillar, launching this summer.

Persons: —, Z, Gen Zers, Ryan Mairs, He's, Mairs, it's, Gen, DatingNews.com, Kate Daly, Daly, Justine Benanty, Zers, they're, Benanty, he's, Jessie Urvater, Urvater, Jessie Urvater Urvater, that's, they've Organizations: Service, Business Locations: California

☆ 9 stocks to buy as historically cheap small caps rally during a risky earnings season: Bank of America
▼ + stars: | 2024-07-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

US small caps hadn't been down that long since the painful stretch from mid-2007 to early 2011. While smaller stocks languished, large-cap companies dominated, due in part to enthusiasm about their exposure to artificial intelligence. Bank of AmericaThis valuation discrepancy is no secret, so Bank of America believes the market rally will broaden beyond the mega-cap leaders as investors shift toward smaller stocks. Earnings expectations for small caps have tumbled in the last several months, Hall said, noting that analysts are no longer pricing in positive profit growth. "Guidance has still generally been weaker than average for small caps."

Persons: —, Jill Carey Hall, Russell, Hall, they'll, haven't, It's, everyone's Organizations: Service, Bank of America's, Business, Bank, America, Bank of America, Federal Reserve, —

☆ How CrowdStrike caused a global IT meltdown and what comes next
▼ + stars: | 2024-07-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +24 min

But this was not a Microsoft issue. Tom ChittyWe're going to talk more about who CrowdStrike are, I think, you know, some people would probably never have heard of CrowdStrike. Lots and lots and lots of global businesses rely on CrowdStrike for their security. I had first seen that and thought it was a Microsoft issue, the reason why Windows crashed on my PC. It was a CrowdStrike issue.

Persons: Tom Chitty, We'll, I've, Arjun Kharpal, you've, Tom Chitty We're, let's, Arjun Kharpal CrowdStrike, George Kurtz, Kharpal, CrowdStrike, they're, it's, they've, Tom Chitty Well, what's, Arjun Kharpal We'd, Iyou, It's, who've, there's, Ciaran Martin, Patrick Anderson, Arjun, Tom, Tom Chitty We'll Organizations: Microsoft, Industries, CNBC, Netflix, NBC, Sky News, Tom Chitty Airlines, Civil Aviation, CrowdStrike, U.S, Board, U.S . Homeland Security Department, Google, National Cybersecurity Center, Anderson Economic Group, CNN Locations: U.S, beyondthevalley@cnbc.com, CNBC's London, London, Europe, China, Russia, Arjun Kharpal China, Moscow, what's, Michigan

☆ Big Tech's phony Trumpism
▼ + stars: | 2024-07-22 | by ( Adam Rogers | ) www.businessinsider.com time to read: +9 min

Before Andreessen and Horowitz formed their venture-capital firm in 2009, Andreessen was an incisive observer of Silicon Valley. Big Andreesen (meaning the current bloated billionaire model) also contradicts Little Andreessen (the earlier, leaner blogger) on the issue of regulation. The reason, he now claims, is that government used to leave Silicon Valley alone. He and his fellow Silicon Valley investor-class billionaires have been sliding rightward for years. It's that I didn't see that this is where Silicon Valley was always headed.

Persons: Marc Andreessen, Donald Trump, That's, Andreessen, Bill Clinton, Hillary, Ben Horowitz, Elon Musk, Larry Ellison —, Trump, —, I've, Horowitz, It's, America's, Biden, Barack Obama, Joe Biden, they're, Dave Karpf, Hillary Clinton, we've Organizations: Democratic, Little Tech, Tech, Government, America, Justice Department, Microsoft, Trump, Little, Bloomberg Technology Conference, Netscape Locations: Silicon Valley, Silicon

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