DIRS.INFO The most relevant business & tech news

☆ Snap employees say CEO Evan Spiegel is in his 'Elon era' and promoting a 'hardcore' work culture
▼ + stars: | 2023-11-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Evan Spiegel is having an "Elon moment," according to a report from the The Information citing staff. The 33-year-old Snap CEO is taking a hands-on approach and asking employees to work harder. Business Insider reported in October that staff in Snap's ad business are struggling with nitpicking and micromanagement. Several employees who left the company recently told The Information that Snap's 33-year-old cofounder and CEO Evan Spiegel is in his "Elon era" or "Elon moment," as he makes decisions emulating the billionaire's "hardcore" work culture at X — formerly Twitter. Snap's advertising business makes up a huge chunk of its revenue.

Persons: Evan Spiegel, Elon, —, Elon Musk, Spiegel hasn't, Musk, Spiegel, Nima Khajehnouri, Jeremi Gorman, Peter Naylor, Snap's, Jerry Hunter, we're Organizations: Business, Service, Employees, Santa Locations: Santa Monica

☆ Whoopi Goldberg is criticized online for saying Gen Z and millennials can't afford a house because they 'only want to work four hours' a day
▼ + stars: | 2023-11-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Whoopi Goldberg suggested that young people can't afford a home because they don't work hard enough. "If you only want to work four hours, it's going to be harder for you to get a house," she said. AdvertisementActress and TV personality Whoopi Goldberg is getting flak online for suggesting that Gen Z and millennials are unable to afford a home because they don't work hard enough. And some younger workers say they have taken on a second job to boost their income, a recent Deloitte survey found. AdvertisementStill, there are plenty of younger workers who say they're actually rejecting corporate culture in favor of work-life balance.

Persons: Whoopi Goldberg, —, Joy Behar, Alyssa Farah Griffin, Sara Haines, Sunny Hostin, Gen, Goldberg, Suzy Welch, Scott Galloway, you've, they're Organizations: Service, NYU, ABC, Deloitte

☆ Companies want workers back in the office, but are simultaneously reducing office space, new survey finds
▼ + stars: | 2023-11-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Around 75% of companies plan to reduce their office square footage next year, a new survey found. Robin Powered surveyed over 500 business owners about how their office space is being used. It found that over 60% of firms are paying $50 or more per square foot of their office space. Over 60% of companies who responded to the survey said they are paying $50 or more per square foot of their office space. AdvertisementMany major companies including Meta , Google , Dropbox , and Salesforce have scaled back on office space in the past year as a cost-cutting measure.

Persons: Robin, — Organizations: Service, Companies, Meta, Google

☆ You can finally delete your Threads account without also deleting your Instagram. Here's how to do it.
▼ + stars: | 2023-11-14 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

A new Threads feature will allow users to delete their accounts without also deleting their Instagram accounts. AdvertisementAdvertisementMeta is rolling out a new highly-anticipated feature on Threads that will finally allow users to delete their account without also having to delete their Instagram account. He wrote: "First: we're rolling out a way for you to delete your Threads profile separately from your Instagram account." A notice on Instagram's Help Centre warns users: "Deleting your Threads profile won't also delete your Instagram account. However, deleting your Instagram account will also delete your Threads profile because it's managed by your Instagram account."

Persons: Meta, Elon Musk's, —, Adam Mosseri, Mosseri, it's, X — Organizations: Twitter, Service, Facebook, Help

☆ Shark Tank's Barbara Corcoran almost overlooked her best hire because she was too 'soft-spoken'
▼ + stars: | 2023-11-13 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Barbara Corcoran, a real estate mogul and Shark Tank investor, almost didn't hire her business partner. Corcoran said Esther Kaplan was too introverted in an interview and she had "no intention of calling her." It was only when Corcoran took a peek inside Kaplan's purse that she decided to hire her on the spot. AdvertisementAdvertisementShark Tank investor Barbara Corcoran opened up about how she almost passed over her best employee and future business partner because she felt they were too quiet for a sales position at her company. Corcoran went on to explain that it was when Kaplan opened a small purse to put away the business card that she decided to hire her.

Persons: Barbara Corcoran, Corcoran, Esther Kaplan, —, Esther my, Kaplan, Introverts, Susan Cain, Cain Organizations: Shark, Service, Corcoran, The Corcoran Group

☆ 8 successful CEOs, politicians, and more who started their careers working at McDonald's
▼ + stars: | 2023-11-11 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +1 min

Billionaire Jeff Bezos started out flipping burgers at McDonald's. He's among a group of successful people that have worked at the chain. AdvertisementAdvertisementEven the most successful people have to start their careers in somewhat unglamorous positions, and many of them were flipping burgers and serving fries at McDonald's. Many recall their time at the fast-food giant fondly saying it taught them valuable skills that they retained throughout their careers. Here are 8 successful people who started out at the fast food chain:

Persons: Jeff Bezos, — Organizations: Service

☆ Plenty of workers say colleges have failed to prepare them for working life, survey finds
▼ + stars: | 2023-11-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Nearly half of the employees feel that college didn't adequately prepare them for working life. 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 . AdvertisementAdvertisementAlmost half of employees feel like college didn't do enough to prepare them for working life and their current roles, according to a new survey published on Wednesday . The survey found that 46% of employees felt that colleges failed to teach them adequately about working life and their current jobs.

Persons: —, Gen Z Organizations: Service Locations: Australia

☆ Apple cofounder Steve Wozniak hospitalized in Mexico City after giving a speech at the World Business Forum: report
▼ + stars: | 2023-11-09 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Steve Wozniak has been hospitalized in Mexico City after giving a speech at the World Business Forum. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementApple cofounder Steve Wozniak has been hospitalized in Mexico City after falling ill at the World Business Forum, according to various reports including local newspaper Reforma and celebrity news site TMZ on Wednesday. Wozniak's speech was scheduled between 4:20 p.m. and 5:20 p.m. on Wednesday, the second day of the forum. Insider reached out to representatives for the World Business Forum and Wozniak's website, woz.org, for comment but didn't immediately hear back.

Persons: Steve Wozniak, Wozniak, —, didn't, TMZ, Reforma, Steve Jobs Organizations: World Business, Reforma, Service, TMZ, ABC Hospital, Mexico City, Apple Locations: Mexico City, Mexico

☆ Google's Waze will now alert drivers about roads prone to crashes
▼ + stars: | 2023-11-08 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

The feature will provide alerts to drivers about crash-prone roads in advance so they can plan ahead. AdvertisementAdvertisementGoogle rolled out a new AI feature on its community-driven navigation app Waze which will alert drivers about crash-prone roads in advance in an effort to improve road safety, it announced in a Tuesday blog post . It's a community-focused traffic and navigation app that provides real-time updates about hazards, accidents, speed cameras, and weather conditions based on data supplied by drivers. AdvertisementAdvertisementHowever, Waze, won't show as many alerts on roads drivers regularly navigate, saying the extra alerts could pose a distraction. The app lets users earn points and graduate different levels from Waze baby, Wazer, Waze Knight, and Waze Royalty.

Persons: Waze, Israel, —, It's, Waze Knight Organizations: Google, Service

☆ There are 5 distinct personalities in the workplace from the 'detective' to the 'road warrior,' and you'll probably work with them all, a new survey says
▼ + stars: | 2023-11-08 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

A new Slack report found the five distinct personalities you're likely to encounter at work. Over half of colleagues say they are best at knowing everything that's going on at the company and 38% say they're good at digging up information. Their colleagues say they're best at networking virtually and from anywhere, and most likely to be working from a new location. 92% describe themselves as early tech adopters and 77% say they're excited about using AI. Their colleagues say they're good at streamlining tasks and are most likely to use new technologies.

Persons: Slack, —, that's, they're Organizations: Service Locations: Australia, France, Germany, India, Japan, Singapore, South Korea

☆ UPenn notified the FBI about threatening antisemitic emails sent to university staff as wealthy donors threaten to pull funding
▼ + stars: | 2023-11-07 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

The University of Pennsylvania has involved the FBI after some staff received threatening antisemitic emails. AdvertisementAdvertisementThe University of Pennsylvania has notified the FBI about "vile" antisemitic emails sent to its university staff, amid the ongoing Israel-Hamas war and as donors threaten to pull funding. Penn Police also did a sweep of Penn Hillel and Lauder College House, but didn't find a credible threat at that point. AdvertisementAdvertisementPenn Hillel is the building where the activities of international Jewish campus organization Hillel are hosted at UPenn, while Lauder College House is a housing block. Other major donors to the university joined Rowan in pulling funding including former US diplomat Jon Huntsman, and billionaire businessmen Clifford Asness and Ronald Lauder, for whom Lauder College House is named.

Persons: —, Elizabeth Magill, Penn, Penn Hillel, Magill, Hillel, Apollo Global Management Marc Rowan, Scott Bok, Rowan, Jon Huntsman, Clifford Asness, Ronald Lauder, Asness, Bill Ackman, Ackman, Claudine Gay Organizations: University of Pennsylvania, FBI, Service, of Pennsylvania, Penn, Lauder College House, Penn Police, Jewish, Ivy League, Apollo Global Management, Rowan, Ivy League university, Harvard Locations: Israel, UPenn, Penn

☆ Ending the 40-hour workweek is possible, but it'll require sacrifices from all of us
▼ + stars: | 2023-11-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at the internet calling for changes to the "soul-crushing" and "depressing" 9-to-5 workday. The 40-hour workweek is facing a reckoning after a recent grad's viral TikTok emotionally questioning how people have time for a personal life while working a full-time job. AdvertisementAdvertisementSo yes, upending the 9-to-5 is possible — and worth considering — but only with a bit of sacrifice from all of us. Earnings today: Uber, eBay, H&R Block, Nintendo, and other companies.

Persons: —, Dolly Parton, Jeff Kravitz, FilmMagic, Dolly, Gen, Insider's, Gen Z, Tim Paradis, I've, we'd, Rebecca Zisser, Ray Dalio, That's, Rob Copeland's, Dalio, Warren Buffett's, Sam Altman Justin Sullivan, OpenAI's, Sam Altman, Slack, Lidiane Jones, Bumble, Tesla, Samantha Lee, WeWork, they're, Billie Jean King, Bryan Johnson, Dustin Giallanza, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bridgewater Associates, Bank of America, EV, Microsoft, Billie Jean King Cup, eBay, Nintendo Locations: Taylor, Berkshire, Kentucky, Mississippi, Sevilla, Spain, Australia, Canada, Czech Republic, France, Germany, Italy, Kazakhstan, Poland, Slovenia, Switzerland, New York City, San Diego, London, New York

☆ Pret a Manger's CEO started out making $3 an hour at McDonald's when he was 16
▼ + stars: | 2023-11-06 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Pret a Manger's CEO Pano Christou started his career at McDonald's when he was 16. He was paid $3 an hour as a "crew member" but gradually rose up the ranks. Other successful people have started out at McDonald's, including Amazon founder Jeff Bezos. AdvertisementAdvertisementPret a Manger's CEO started as a crew member at McDonald's making just over $3 an hour. AdvertisementAdvertisementLike Christou, other successful execs and celebrities started out their careers at McDonald's including Amazon founder Jeff Bezos.

Persons: Pano Christou, Jeff Bezos, —, Christou, Fortune, I've, – I've Organizations: McDonald's, Amazon, Service, Pret Locations: McDonald's, Cypriot

☆ Young people who work remotely are 'probably not going to become CEOs' and make tons of money, an NYU business professor says
▼ + stars: | 2023-11-04 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Gen Zers choosing remote work and work-life balance may face consequences further down the line. That's according to NYU professor Suzy Welch who spoke with Insider about Gen Z's work habits. 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 . She said: "There's never really been a time where you could just sort of show up at work, work nine to five and have wild success.

Persons: Suzy Welch, Welch, —, Gen Zers, They're, Scott Galloway, they're, There's, it's, That's Organizations: Service, York University, NYU Stern School of Business, Deloitte Locations: adulting

☆ Google and property developer Lendlease ended a deal on $15 billion of Bay Area real estate projects, as Big Tech continues to review the role of offices
▼ + stars: | 2023-11-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Google ended an agreement with Australian construction firm Lendlease to build four campuses in the Bay Area. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. It additionally worked with Lendlease to pave the way for 12,900 units to be built in San José and Mountain View. Lendlease laid off 67 employees earlier this year including several community engagement managers, senior development managers, a head of business operations, and other executives, per CNBC. This was after Google halted construction of its Downtown West campus in San José.

Persons: Lendlease, —, we've, Google's, Meta Organizations: Google, Service, CNBC, Big Tech, Facebook Locations: Bay, San Francisco, San José, Moffet, Sunnyvale, Bayshore, Mountain View, Francisco Bay, Downtown West, London

☆ Gen Z expect to change careers 3 times throughout their lives — once more than any other generation: survey
▼ + stars: | 2023-11-03 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +4 min

Gen Z workers expect to change careers three times in their lives. It found that 73% of Gen Z are not afraid to take a pay cut to pursue a more fulfilling career. AdvertisementAdvertisementGen Z workers are known for their job-hopping tendencies, and a new survey has found that they expect to change their careers at least three times over their lifetimes. It found that Gen Z plans to switch careers at least three times over their working life, which is once more than any other generation before them. Gen Z are more likely to prioritize their wellbeing and happiness than other generations.

Persons: —, Gen, Gen Z, X, Gen X, Kristen Buckheit, Zers, Oliver Wyman, they're, Z, doesn't, Nick Bunker, Jeff Hyman, Rockstars, they've Organizations: Resource Solutions, Service, Solutions, Boomers, Federal Reserve Bank of Atlanta, North America, Indeed's, New York Times Locations: Millennials, Chicago

☆ An ad showing Christmas party hats burning in a fire was taken down after people compared it to the Palestinian flag
▼ + stars: | 2023-11-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

UK retailer M&S deleted an Instagram post of an outtake from its 2023 Christmas ad after backlash. The image, showing Christmas party hats on fire, was compared online to the Palestinian flag. AdvertisementAdvertisementBritish retailer Marks & Spencer deleted an Instagram post of an outtake from its 2023 Christmas ad showing party hats with the same colors as the Palestinian flag on fire, after facing intense backlash on social media. The image was captioned: "This Christmas, do only what you love … like saying no to paper hats (although if we're honest, we're partial.)" The theme of the video appeared to be about saying no to Christmas traditions people don't love anymore.

Persons: —, Spencer, could've, Hannah Waddingham, Zawe Ashton, Tan Organizations: Service, Marks, Palestinian, BBC, The Times, Hamas Locations: London, Israel, Gaza, Tan France

☆ 'Soul-crushing' and 'depressing': The 9-to-5 is facing a reckoning on social media as users rally against the outdated work schedule
▼ + stars: | 2023-11-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

The discussion around whether the 9-to-5 work schedule is outdated is going viral on social media. People are saying they're exhausted and that they have no time or energy to do anything after work. AdvertisementAdvertisementThe longstanding custom of working 9-to-5 is facing a reckoning on social media, with some users saying they feel like they're wasting their youth on what they perceive as meaningless work. These videos have been making the rounds on social media and have sparked a discussion around whether the 40-hour work week is outdated. As a result, some workers are pushing back on hustle culture and corporate life and seeking alternatives like four-day work weeks and greater work-life balance .

Persons: —, Brielle, I'm, I've, Andra Berghoff, Suzy Welch, University's, Z, Welch Organizations: Service, Twitter, University's Stern School of Business Locations: Minnesota, New

☆ 'I would never recommend this to anybody': We accidentally bought a derelict Victorian apartment for $12,000 at an auction and transformed it into our dream home
▼ + stars: | 2023-11-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +9 min

Claire Segeren and her boyfriend bought a Victorian house in the Scottish Highlands by accident. They bid on the wrong property in an auction and spent four years renovating the derelict house. We accidentally bought a crumbling Victorian villa at an auctionThe couple were shocked when they saw the villa in person. From the auction brochure, the couple weren't too concernd Claire SegerenHe left the auction in a panic and called me. The completed front room in the Scottish villa.

Persons: Claire Segeren, —, Cal Hunter, We'd, Cal Joshua Sivarajah, Cal, It's, Claire Segeren Cal, van, Joshua Sivarajah Cal, Jameswood, Segeren, we've, could've, Segeren wouldn't Organizations: Scottish Highlands, Service, Canada, University of Glasgow School of Medicine, Cal, Jameswood Villa, eBay Locations: Scottish, Scotland, Canada, Hull, England, French, Glasgow, Jameswood Villa, Sandbank, Dunoon

☆ Women are seeking 'lazy girl jobs' because they're experiencing burnout at higher rates than men, new Gallup survey finds
▼ + stars: | 2023-11-01 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

The "lazy girl job" trend is a reflection of how exhausted and burnt out women are at work. AdvertisementAdvertisementWomen who are seeking "lazy girl jobs" have been unfairly characterized as people who are trying to get out of doing hard work, but really they're just trying to escape burnout in jobs they're ill-suited for. Gallup released a new study in October looking at what women and men really want out of their jobs. The so-called "lazy girl" job trend went viral on TikTok this year and accumulated over 35 million views on the platform. For a lot of women a lazy girl job aligns with their goals and purpose, whilst also enabling them to achieve some much-needed work-life balance.

Persons: —, TikToker Gabrielle Judge Organizations: Gallup, Service

☆ A top Cisco executive says he was successful despite skipping college, but still pushed his kids to go because he may just be a one-off
▼ + stars: | 2023-10-31 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Meads still encouraged his kids to go to college because he was worried his success was a one-off. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementCisco's top executive in the UK has something in common with Bill Gates: he doesn't have a college degree and doesn't think you need one either. "I never did anything academically beyond my GCSEs [exams taken at 16 in the UK] and never went to university," Meads told Fortune. But Meads still pushed his children to go to university because he was worried that his success might be a one-off.

Persons: David Meads, Meads, —, Bill Gates, Fortune, you've, didn't, Paul Allen, it's Organizations: Cisco's, Service, Ireland, Siemens, Meads, Harvard University, Microsoft

☆ Kim Kardashian's $4 billion Skims empire is selling body-hugging boxers and briefs to men
▼ + stars: | 2023-10-23 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Kim Kardashian's Skims is adding men's products like boxers and briefs to its online store this week. AdvertisementAdvertisementKim Kardashian's shapewear brand Skims is launching a menswear collection. This includes a range of men's products such as boxers, briefs, t-shirts, undershirts, tank tops, and leggings, and will be available to shop online from Thursday. Kardashian told The Wall Street Journal that Skims shoppers have been requesting men's products for their boyfriends and husbands for some time. Skims was valued at $4 billion in July after a $270 million funding round.

Persons: Kim Kardashian's, Skims, —, Kardashian, Emma, Jens Grede, SKIMS, Neymar Jr, Shai Gilgeous, Alexander, Nick Bosa, Kardashian's, Tom Brady's, Brady, Gredes Organizations: Service, Wall Street, NFL

☆ 8 examples of corporate jargon and phrases that weird out Gen Z
▼ + stars: | 2023-10-21 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Gen Z feels like workplace jargon is a different language, a recent LinkedIn survey found. We don't need to do all the corporate jargon. "Welcome back to corporate as a second language where we'll be learning to mask our rage using commonly used corporate jargon," she says. Gen Z's main issue with corporate jargon appears to be that their older colleagues don't say what they mean, but are instead masking their views with fake niceness. AdvertisementAdvertisementHere are eight phrases older professionals are guilty of using that Gen Z find weird:

Persons: Z, They're, —, TikToker DeAndre Brown, – Organizations: Service

☆ College jocks earn as much as $220,000 more than their less sporty peers over their career, study shows
▼ + stars: | 2023-10-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

College jocks actually become more successful and wealthy than their nerdy peers, a new study finds. Turns out, sporty students earn 3.4% more in their lifetimes and bring home $220,000 more in wages. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The study found that college athletes earned 3.4% more over their careers than non-athletic students and are likely to bring home $220,000 more in cumulative wages, the report said. College athletes were even more likely to be endorsed for management, leadership, and strategic planning skills on LinkedIn, per the study.

Persons: —, NBER, –, They're, Walter Robb, Brian Moynihan, Meg Whitman, Andy Jassy, Jassy, There's, there's Organizations: National Bureau of Economic Research, Ivy League, Service, College, LinkedIn, Stanford University's, Bank of America, Brown University, Hewlett, Packard, Princeton University

☆ Arnold Schwarzenegger said successful people see other people as 'resources' to help achieve their goals
▼ + stars: | 2023-10-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Arnold Schwarzenegger believes that successful people soak up useful information and see others as "resources." Using other people's acumen can help you achieve your goals, he said in an excerpt of a new book published by CNBC. AdvertisementAdvertisementHollywood legend, businessman, and ex-California Governor Arnold Schwarzenegger dropped some words of wisdom in an excerpt of his new book published by CNBC on Thursday , in which he said that successful people tend to see other people as "resources" to help them achieve their goals. Schwarzenegger has learned a thing or two about success over his varied career and advised readers that being "curious" and "a good listener" will make people more inclined to help them achieve their goals. "When it comes down to it, people are resources," Schwarzenegger wrote in the excerpt from his new book, "Be Useful: Seven Tools for Life."

Persons: Arnold Schwarzenegger, Vince Gironda, —, Schwarzenegger, Vince, Howard Stern Organizations: CNBC, Service, California Locations: Hollywood, California

Search resuls for: "Sawdah Bhaimiya"

25 mentions found