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☆ Morning Bid: Some payback, but bonds hug gains on oil
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +5 min

The oil price slide was helped by signs from Israel that it's open to pauses in the Gaza fighting. The typically hawkish Minneapolis Fed boss Neel Kashkari insisted it was still too early to take another rate hike off the table. Elsewhere, the Reserve Bank of Australia raised its policy interest rate again, as expected, by another quarter point to a 12-year high of 4.35%. Overall, the global stocks picture reflected some of the cooling of last week's rally and some of the China export numbers. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Lucas Jackson, Mike Dolan, that's, Neel Kashkari, Christopher Waller, Michael Barr, John Williams, Lorie Logan, Jeffrey Schmid, Zimmer, Jack Henry, Akamai, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Federal Reserve, Treasury, Minneapolis Fed, International Monetary Fund, Reserve Bank of Australia, Asia bourses, UBS, Credit Suisse, Federal Reserve Bank of New, Michael Barr , New York Fed, Dallas Fed, Horton, Mosaic, Emerson Electric, Occidental, Devon Energy, Products, Chemicals, Gen, Fidelity, Reuters, Reuters Graphics, Thomson Locations: New York, U.S, Israel, Gaza, China, Asia, Japan, Hong Kong, Swiss, Canada, Federal Reserve Bank of New York, Michael Barr ,, Lorie Logan , Kansas, eBay, Gilead, Occidental Petroleum

☆ Meet the guy in charge of deciding how to spend $1.2 trillion from Biden’s infrastructure bill
▼ + stars: | 2023-11-07 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

You can see in the funding for the infrastructure bill that we’re working hard to do all of that. We want to build generational wealth and do it in a way that heals communities rather than separates them. Between the Bipartisan Infrastructure Law, the Inflation Reduction Act and the CHIPS act, there’s been a $1.8 trillion dollar investment. You may recall that when this conversation started about three or four years ago, the number was $6 trillion. So $1.2 trillion is significant, but it’s just a downpayment on what the real needs are.

Persons: Mitch Landrieu, Joe Biden, Biden’s, Landrieu, Bell, you’ve, We’re, Biden, it’s, He’s, he’s, there’s, I’ve, Catherine Thorbecke, ”, David Tolley, WeWork, Adam Neumann, Neumann, ’, AFTRA, Ramishah Maruf, “, ” It’s Organizations: CNN Business, Bell, New York CNN, White, Infrastructure Investment, Jobs Act, Economic Security, Infrastructure Law, SAG, ’ Locations: New York, New Orleans, Lowndes County , Alabama, Napakiak, Alaska, China, America, Hollywood

☆ WeWork files for bankruptcy in federal court
▼ + stars: | 2023-11-06 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +3 min

New York CNN —WeWork, the beleaguered coworking startup, has filed for bankruptcy protections in federal court. “Now is the time for us to pull the future forward by aggressively addressing our legacy leases and dramatically improving our balance sheet,” said David Tolley, WeWork CEO, in a news release. WeWork eventually went public roughly two years later at a much-reduced valuation of some $9 billion. In May, WeWork announced a leadership shakeup with the departure of its chairman and CEO Sandeep Mathrani, a real estate executive who investors hoped would save the company. David Tolley, a WeWork board member, stepped up as interim chief executive and was officially named CEO in October.

Persons: New York CNN — WeWork, ”, David Tolley, WeWork, Adam Neumann, Neumann, Sandeep Mathrani Organizations: New, New York CNN Locations: New York

☆ The great startup cash crunch is underway — and it's forcing late-stage companies to face their demise
▼ + stars: | 2023-11-05 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +5 min

The VC funding picture for late-stage startups is looking pretty grim with capital hard to come by. Some late-stage startups are now folding and selling off their best assets during this cash crunch. AdvertisementAdvertisementIt's been a pretty brutal year for startups and their founders looking to raise venture capital funding. AdvertisementAdvertisementThis longer wait time between rounds isn't totally surprising since VC funding this year has been its lowest since 2018. Startup extinction season is well underway and it seems as though we're seeing a startup per week bite the dust.

Persons: It's, —, Olive AI, Jeff Bezos, Bill Gates, Marc Benioff, Dan Lewis, Lewis Organizations: Service, Venture Monitor, US, Convoy, CNBC, Olive AI Locations: Canada

Mistral, a tiny AI startup that aims to be Europe's answer to OpenAI, is in discussions to raise a major round of funding that could push its valuation above $2 billion. Its cofounders are in talks with venture capital firm Andreessen Horowitz to raise further funds, seven sources familiar with proceedings told Insider. Mistral is set to raise around $400 million at a valuation of at least $2 billion, which could rise to as high as $2.5 billion, three sources said. The deal is not yet finalized and the round size, valuation figures, and participants could still change. Andreessen Horowitz, General Catalyst, Mistral, Abstract Ventures, and Bezos Expeditions did not respond to Insider's request for comment.

Persons: Andreessen Horowitz, Catalyst, Arthur Mensch, Guillaume Lample, Timothée Lacroix, Jeff Bezos, Xavier Niel Organizations: Mistral, Meta, DeepMind, Bezos Expeditions, Amazon, Catalyst, Ventures, Lightspeed Venture Partners Locations: Paris

☆ Opinion | The Memories That Feed Distrust in the Middle East
▼ + stars: | 2023-10-31 | by ( Zeynep Tufekci | ) www.nytimes.com time to read: +10 min

His pained voice turned to anger when he recounted encountering disbelief that Hamas committed terrible atrocities when it attacked Israel. Indeed, since Hamas did murder children and take others as hostages, should it get credit if it didn’t also behead them? But if the U.S. response after Sept. 11 is a model, it is as a model of what not to do. After the attacks, the United States received deep global sympathy. In the Middle East, the devastating aftermath of that war — justified by false claims — has never ended.

Persons: Moshe Lavi, Lavi, there’s, Biden, didn’t, that’s, ”, Bush, —, Peter Lerner, Saddam Hussein, Saddam, Benjamin Netanyahu Organizations: Hamas, New York Times, United Nations, Britain’s Sky, United, Iraqi Army, The New York Times, Guardian, Israeli Defense Forces, Hamas’s Naval Police, Naval Force, Amnesty International, Kuwaiti, American, Rights, Amnesty, West Bank Locations: Israel, Gaza, Iraq, U.S, United States, Abu Ghraib, People, Israeli, Kuwait, Vietnam, Kuwaiti

☆ Here's an exclusive look at the pitch deck that Yuzu Health, which offers AI-powered health plans for startups, used to raise $5 million from investors including Lachy Groom and Altman Capital
▼ + stars: | 2023-10-31 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +3 min

Yuzu Health is working to bring that system to the world of startups. Yuzu Health currently powers 10 healthcare plans for thousands of members, he said. "Broadly, we're excited about being modular and, as a new player in the space, unlocking startups' abilities to get self-funded plans." Yuzu Health joins a growing ecosystem of startups that are helping other startups operate and provide better perks and conditions for their employees. Check out the 15-slide pitch deck Yuzu Health used to land $5 million in seed funding:

Persons: Lachy Groom, Vanta, Max Kauderer, Yuzu, Russell Pekala, Ryan Lee, Kauderer Organizations: One Ventures, Altman, Browder, Unicorn, Coalition, Health Locations: Yuzu, New York

☆ Opinion | A Tech Billionaire’s Case for Why Tech Billionaires Should Rule the World
▼ + stars: | 2023-10-28 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +2 min

It takes a certain kind of person to write grandiose manifestoes for public consumption, unafflicted by self-doubt or denuded of self-interest. In this vision, wealthy technologists are not just leaders of their business but keepers of the social order, unencumbered by what Mr. Andreessen labels “enemies”: social responsibility, trust and safety, tech ethics, to name a few. But the real problem with Mr. Andreessen’s manifesto may be not that it’s too outlandish, but that it’s too on-the-nose. In the case of ordinary individuals, however, debt is regarded as not just a financial failure but a moral one. (If you are successful and have paid your student loans off, taking them out in the first place was a good decision.

Persons: Marc Andreessen, Andreessen Horowitz, ” Organizations: Netscape

☆ With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
▼ + stars: | 2023-10-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

UK has second-biggest number of top fintech firmsThe U.S. was home to 65 of the top fintech companies, according to CNBC's list of world's top 200 fintech companies. In the U.S., some of the top global fintech companies on Statista's list include names like Stripe, PayPal and Intuit . Stateside, meanwhile, the largest fintech unicorns are Stripe ($95 billion), Chime ($25 billion), Ripple ($15 billion), Plaid ($13.5 billion), Devoted Health ($12.6 billion, and Brex ($12.3 billion). Other leading ecosystems for fintech unicorns include India, on 17 unicorns, and China, on eight. Standing in 8th place is Mexico, with five fintech unicorns, Singapore, also with five, and the Netherlands, which has four in total.

Persons: Ed Jones, Starling, Tencent, Statista, Andreessen Horowitz, Wise, Vlad Tenev, Group's, —, Nick Parmenter Organizations: AFP, Getty, CNBC, Statista, Ant Group, Plaid, Visa, Mastercard, European Union, Apple, Google, Sequoia Capital, PayPal, Intuit, Financial, Authority, Consumers Locations: U.S, Beijing, China, Silicon, Europe, Ukraine, Covid, India, France, Brazil, Germany, Mexico, Singapore, Netherlands, Statista

☆ Startup employees are reeling as they brace for back-to-back rounds of layoffs: 'When it happens again, you start to lose that confidence and faith in your leadership.'
▼ + stars: | 2023-10-25 | by ( Samantha Stokes | Madeline Renbarger | ) www.businessinsider.com time to read: +9 min

For the startup employees interviewed by Insider, the constant threat of layoffs is having a detrimental effect on company morale. said one employee working at a growth stage startup that's conducted three rounds of layoffs this year. For Reay, the former Sendoso employee, constant rounds of layoffs gave him and his surviving colleagues "strategy whiplash." "When it happens again, you start to lose that confidence and faith in your leadership." Some startup employees are reconsidering their future in the industryAs startup employees brace for the potential of more job cuts, they say that the experience has them second-guessing whether to stay in the industry at all.

Persons: Sean Reay, it's, Reay, SoftBank, Sendoso, what's, I'm, Raey, SchoolMint, I've, you'd, he's, Jackie Xu, Xu Talent, Kleiner Perkins, Xu, you've Organizations: Facebook, Meta, Twitter, Sendoso, GV, Google, Employees Locations: San Diego, That's, SPAC

☆ T'Yonna Major, 9, was 'destined for the Olympics' before she was fatally shot
▼ + stars: | 2023-10-24 | by ( Lauren Mascarenhas | ) edition.cnn.com time to read: +9 min

CNN —T’Yonna Major was a 9-year-old girl with an oversized heart – a ravenous reader, a generous friend, a loving daughter — and she was a fearless vaulter. More about T'Yonna Major T’Yonna was shot and killed on February 24, 2023. Besides her gymanistics skills, T'Yonna Major was also an avid reader and devoured over 100 books last year. “We’re trying to… We’re going to – there ain’t no trying – we’re going to keep her name going,” Tokiyo said. T'Yonna Major would practice her routines so many times that the whole family knew them by heart.

Persons: CNN — T’Yonna, —, ”, Donna Alexin, T’Yonna, ” Alexin, Nathacha Augustin, Dylan Lyons, Keith Moses, “, Brandi, Tokiyo, ” Brandi, ” T'Yonna, Dominic Major “, Dominic Major, ’ ” Dominic, who’ve, Father, Police haven’t, “ We’re, T'Yonna Major, ” Tokiyo, aren’t, Gabby Douglas, Simone Biles –, Soraya Hawthorne, Alexin, Soraya, T'Yonna, Dominic, I’d, McKenna, ” McKenna, — Alexin Organizations: CNN, Orlando Metro Gymnastics, Firearms, Police, NCAA Locations: Orange County , Florida, Chicago, America

☆ At unicorn startup Carta, a culture of absolute fealty to an erratic and vindictive CEO, employees say
▼ + stars: | 2023-10-24 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +17 min

Both men remained valued employees at Carta, with the sales representative even getting promoted just weeks after the alleged "helicopter penis" incident, according to former employees. CEO Henry Ward cofounded Carta, originally called eShares, in 2012 as a service for startups to digitize their paper stock certificates. Today Carta helps startups track their investors, employees manage their equity awards, and venture capitalists administer their funds. The lawsuit says that 10 days after Rogers filed her complaint, Ward "began treating Ms. Rogers in an aggressive and demeaning manner during several meetings." Many of the employees who have spoken out publicly about Carta and Ward have found themselves embroiled in expensive legal battles.

Persons: Lisa Whittaker, Whittaker, Jerry Talton, David Kim, Andrea Lamari, Kim, Henry Ward, Andreessen Horowitz, Ward, Henry, Alex Kurland, Carta, Peter Thiel, Simon Cowell, Talton's, Suzanne Elovic, Elovic, Lamari, Jeff Perry, Perry, salespeople, JT Goodman, Goodman, Goodman didn't, Jeff Perrry, Allie Rogers, Rogers, Rodgers, Rachel Mayes, Ward doesn't, Mayes, Jeff, Jeff Perry countersued, Orrick Herrington, Sutcliffe, Kleiner Perkins, Ellen Pao, Amanda Sheets, Sheets, Pushback, Lindauer, Whitaker, Whittaker wasn't, Barbara Byrne, Byrne, Talton, Joe Osnoss, Osnoss, Heidi Johnson, Johnson Organizations: Carta, UBS, Gold Club, Lightspeed, California Civil Rights Department, Meritech, YouTube, Win, York Stock Exchange, San, San Francisco Superior, San Francisco Superior Court, Barclays, Lehman Brothers, Montana Human Rights Bureau Locations: San Francisco, Brazil, Silicon Valley, California, Palo, Iranian, Lindauer, Silver, Montana

☆ I'm a two-time NBA All-Star who's made the switch to entrepreneurship. Here's how I got my MBA from the NBA.
▼ + stars: | 2023-10-21 | by ( Yoonji Han | ) www.businessinsider.com time to read: +7 min

Baron Davis is a former NBA player who's making a name for himself off the court in the business world. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. When I saw the court he'd built in his backyard, it was just like, "I'm going to do this every day." From there, it was every day, all day, basketball, basketball, basketball. That's when I realized I needed to go and find great athletes doing dope stuff, that are doing great investments, creating incredible businesses, and branding themselves as entrepreneurs.

Persons: Baron Davis, who's, Davis, Yoonji Han, —, it's, Los Angeles , Cleveland —, Clark Hodgin, Let's, Alec Castillo Organizations: NBA, Business, Service, UCLA, —, Shutterstock Locations: Santa Monica, South Central, — New York , New Orleans, Charlotte, Los Angeles , Cleveland, San Francisco, Golden State

And when Robert Van Winkle, better known as Vanilla Ice, sang his 1990 hit “Ice Ice Baby,” flanked by 10-foot sparklers, he pulled the Sugar Ray frontman Mark McGrath onstage. This was Cameopalooza 2021, a company retreat celebrating the meteoric rise of Cameo, an app and website where regular people could buy personalized videos from minor celebrities for as little as $1. Three hundred Cameo employees danced, took videos and basked in their good fortune to be a part of the Cameo “Fameo” — the company’s nickname for its employees and community of celebrities. A former collegiate party promoter, he shared the lifestyle of Cameo’s celebrity talent, jet setting between parties, sporting events and luxury homes in Miami, Los Angeles, and Chicago. Cameo had just raised $100 million on the audacious ambition to pioneer the “connection economy,” landing a $1 billion “unicorn” valuation just a few years into its existence.

Persons: Kenny G, Paula Abdul, Hamilton, Lance Bass, Robert Van Winkle, Ray, Mark McGrath, Jack Harlow, Steven Galanis, Cameo Organizations: Chicago, Hilton Locations: American, partied, Miami , Los Angeles, Chicago

☆ Healthcare-staffing startup Nomad Health just slashed its workforce for the second time this year
▼ + stars: | 2023-10-20 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

Healthcare staffing firm Nomad Health just cut its workforce for the second time this year, as high inflation continues to squeeze hospital budgets. Nomad Health, which connects nurses and other health professionals to open jobs, confirmed in an email to Insider that it announced a round of layoffs affecting its nonclinical workforce on October 3. Alexi Nazem Alexi NazemNomad Health cited similar factors when it slashed 17% of its workforce, or 119 employees, in February. Nomad Health also banked extra cash last year, raising $105 million in June 2022 at an undisclosed valuation. Do you work at Nomad Health?

Persons: Maquel Shaw, Alexi Nazem Alexi, Alexi Nazem, Forbes, he'd, Rebecca Torrence Organizations: Nomad, Nomad Health Locations: rtorrence@insider.com

☆ As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
▼ + stars: | 2023-10-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The deal, which is subject to regulatory approvals, marks a major push from Airwallex into Latin America. Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of Mexico, for an undisclosed sum to help the firm expand its Latin America footprint. The deal, which is subject to regulatory approvals and customary closing conditions, marks a major push from Airwallex into Latin America, a market that has become more attractive for fintech firms thanks to a primarily younger population and increasing online penetration. We can take a global company to Mexico and also help the global companies making payments to the supply chain." "Mexico is one of the largest populations in Latin America," Zhang added.

Persons: pocketing, Jack Zhang, Zhang, it's Organizations: America, Global, PayPal, U.S, CNBC, U.S . Labour Locations: Mexico, America, China, United States, U.S, Washington, Latin America, Asia

Data from Mexico's financial products watchdog Condusef shows that the accounts would be the highest-yielding ones offered in the local financial sector. Other Latin American fintechs like Brazil's Nubank (NUN.MX) and Argentina's UALA have also launched savings accounts this year in Mexico, where data from the national statistics agency showed less than half of the population has savings accounts. The Mexican arms of Nubank and UALA both offer 9% yields on their savings accounts, already much higher than most banks. Stori expects to reach 3 million savings account holders by the end of next year, said its General Manager of New Products Sergio Duenas. ($1 = 18.0044 Mexican pesos)Reporting by Valentine Hilaire; Editing by David Alire Garcia, Christian Plumb and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Marlene Garayzar, Sergio Duenas, Valentine Hilaire, David Alire Garcia, Christian Plumb, Marguerita Choy Organizations: MEXICO CITY, Wednesday, Reuters, The Bank of, New, Thomson Locations: MEXICO, Mexico, The Bank of Mexico, Nubank

☆ Web Summit CEO apologises for comments on Israeli conflict
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

JERUSALEM, Oct 17 (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Tuesday apologised for comments he made on the Israeli-Hamas conflict that prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. Web Summit, one of the world's largest tech conferences, will take place in Lisbon from Nov. 13-16, with attendees from companies such as Meta (META.O) and Microsoft (MSFT.O) to investors such as Atomico. "War crimes are war crimes even when committed by allies, and should be called out for what they are," wrote Cosgrave, who was born in Ireland. Among executives to have cancelled their participation at Web Summit are AI21 Labs' Ori Goshen; Tome's Keith Peiris; Sequoia Capital partner Ravi Gupta; Yinon Costica, co-founder of Israeli cybersecurity unicorn Wiz; and Y Combinator’s Garry Tan, according to LinkedIn and X posts. Philippe Botteri, CEO of tech investor Accel, said in a LinkedIn post on Monday he would no longer speak at Web Summit.

Persons: Paddy Cosgrave, Cosgrave, I’m, Leo Varadkar's, Israel, Cosgrove, Goshen, Tome's Keith Peiris, Ravi Gupta, Yinon Costica, Y, Garry Tan, Philippe Botteri, Portugal Dor Shapira, Steven Scheer, Supantha Mukherjee, Josephine Mason, Alison Williams, Mark Potter Organizations: Web, Microsoft, Palestinian, Hamas, Irish, AI21 Labs, Sequoia Capital, Thomson Locations: Portugal, Lisbon, Gaza, Israel, Ireland, Jerusalem, Stockholm, London

☆ AI gave tech giants a $2.4 trillion boost to their market caps in 2023
▼ + stars: | 2023-10-17 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Nvidia's high-performance chips power many advanced generative AI models, which produce new content from huge volumes of training data. The world has been abuzz with talk about generative AI tools like OpenAI's ChatGPT, Google's Bard and Anthropic's Claude. The U.S. led the way in generative AI funding deals, with the likes of OpenAI and Anthropic raising billions. AccelIn Europe, three of the biggest generative AI company rounds came out of France — Hugging Face ($235 million), Poolside ($126 million) and Mistral AI ($113 million). In Europe and Israel, 40% of new unicorns were in generative AI; in the United States, it was 80%.

Persons: Botteri, Google's Bard, Anthropic's Claude, Philippe Botteri, they're, OpenAI, they'd Organizations: Future Publishing, Getty Images, Accel, Apple, Microsoft, Nvidia, Companies, Nasdaq, U.S, Public, CNBC, Mistral, Tech, Big Tech, FAANG, Netflix, Google Locations: U.S, Unity, Europe, Israel, France, United States

☆ Taylor Swift Eras Tour film posts second-best October box office opening, behind 'Joker'
▼ + stars: | 2023-10-16 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Taylor Swift and AMC have collected the receipts and results are in: the Eras Tour concert film is the second-highest domestic opener of October ever. The Eras Tour concert film has already shattered records and is likely to break a few more before its run is done. No concert film had ever elicited such fervor so quickly for ticket sales or drummed up so much demand with theater chains. Meanwhile, the highest October opening, Warner Bros.' "Joker" from 2019, secured $13.3 million from Thursday previews, feeding a $39.3 million opening day. Additionally, while Swift's film arrived in 3,855 theaters, the most for any concert film, "Joker" opened in nearly 4,400 locations, according to data from Comscore.

Persons: Taylor Swift, weren't, didn't, Joker, Michael Jackson's Organizations: AMC, CNBC, Warner Bros

☆ Neanderthals hunted cave lions at least 48,000 years ago, and feasted on their meat, ancient bones reveal
▼ + stars: | 2023-10-13 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

Neanderthals skillfully hunted giant cave lions, a study showed for the first time. AdvertisementAdvertisementNeanderthals hunted cave lions with wooden spears and feasted on their meat at least 48,000 years ago, according to a study of ancient bones. But they didn't just target cave lions for sustenance. Cave lion bones are shown next to a replica spear Volker Minkus. The study suggests the hunt was designed "to get something on a social level, some social rewards," he said.

Persons: —, Gabriele Russo, Russo, Julio Lacerda, Volker Minkus, it's, It's Organizations: Service Locations: Germany, Bavaria, Eurasia, Siegsdorf, Croatian, Africa

☆ The CEO of $800 million startup SuperOrdinary explains why he's betting on live shopping and creators as it raises new funding to expand
▼ + stars: | 2023-10-13 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +6 min

SuperOrdinary wants to be the next unicorn out of the creator economy — and it's betting on live shopping and influencers to get there. Why SuperOrdinary is bullish on live shoppingWhile live shopping has had a lukewarm appeal in the US, SuperOrdinary sees itself as a potential breakthrough. "SuperOrdinary has been live shopping or livestreaming since the beginning of the company," Reis said. The key to cracking live shopping isn't just discounts, Reis added, but fine-tuning the experience for the American consumer. "We really think that the consumer here is slowly moving across to more entertainment-style shopping," Reis said.

Persons: SuperOrdinary, Julian Reis, Reis, Fanfix, " Reis, We've, TikTok, Addison, Sephora, MrBeast, Jen Atkin's, David Yi's skincare Organizations: Intelligence, Bizrate, Brands Locations: Shanghai, Los Angeles, Indonesia

MONTEVIDEO, Uruguay (AP) — A buyer from Argentina paid $42,120 for a manuscript of works, including seven unpublished stories, by legendary Argentine writer Julio Cortázar at an auction Thursday in the Uruguayan capital, Montevideo. 1952” was the basis for the writer’s iconic “Cronopios and Famas” book, published in 1962. In 1952, Cortázar sent a manuscript titled “Stories of Cronopios and Famas” from Paris to Luis María Baudizzone, the head of Argentine Argos publishing. It could easily have been lost.”Vega speculates that Cortázar “lost track of the manuscript” after he sent it to Baudizzone. The heir contacted Lucio Aquilanti, a Buenos Aires antiquarian bookseller, and a prominent Cortázar bibliographer, who confirmed the piece’s authenticity.

Persons: Julio Cortázar, Historias, y, ”, Cronopios, King, Hilario, Cortázar, Luis María Baudizzone, “, cronopios, ” Cortázar, Eduardo Jonquiéres, Jonquiéres, ” Roberto Vega, ” Vega, Cortázar “, Lucio Aquilanti Organizations: Paris, Argentine Argos, famas, Associated Press Locations: MONTEVIDEO, Uruguay, Argentina, Argentine, Uruguayan, Montevideo, Buenos Aires, Paris, Baudizzone, Americas, Europe

☆ A new docuseries follows Juul’s catastrophic crash and burn
▼ + stars: | 2023-10-11 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

If you were a millennial, brought up amid secondhand smoke in homes and restaurants in the ’80s and ’90s (like this writer), Juul’s rise might not have felt so alarming. But if you were a teenager, Juul’s impact was immediately striking — and likely unnerving for your parents — as explored in a new Netflix docuseries. “Big Vape” neither neatly ties up Juul’s troubles nor addresses the company’s motives. Bulls***t.”“Big Vape: The Rise and Fall of Juul” is out now on Netflix. Watch: “Thank You for Smoking” (2005)This Jason Reitman-directed black comedy follows Big Tobacco lobbyist Nick Naylor (Aaron Eckhart), who spins, spins, spins the narrative by any means necessary, his job at odds with his role as parent to a 12-year-old.

Persons: R.J . Cutler, “, Juul, Gabby Jones, James Monsees, Adam Bowen, David Pierce —, Pierce, Juul’s splashy, “ James, Adam, ”, Jamie Ducharme, — Bella Hadid, Dave Chapelle, Adele, Jennifer Lawrence, ” Chase Amiratta, Spencer Platt, ‘, ’ ”, Erica Halverson, Jamie Ducharme’s, Stanford grads ’, —, Jason Reitman, Nick Naylor, Aaron Eckhart, Pets.com ”, Pets.com, Anna Lembke, Dr Organizations: CNN, Netflix, Juul Labs, Food and Drug, Apple, Bloomberg, Getty, Washington D.C, Bulls, Stanford, ., Big Tobacco Locations: “, New York , California , Massachusetts, New Mexico , Illinois, Colorado, Washington, Juul

☆ How this 'AI whisperer' made $500,000 in 11 months selling courses and memberships using unicorn startup Kajabi
▼ + stars: | 2023-10-10 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

That means Kajabi creators have earned an additional $1 billion since March, when the company announced creators had earned $5 billion. One of those creators is Rob Lennon, a self-described "AI whisperer" and entrepreneur, who uses Kajabi to host his courses and manage his paywalled membership called "Lennon Labs." Within the first 11 months of launching his Kajabi offerings, Lennon has earned about $500,000, according to Kajabi and Lennon. He earned about $200,000 in the first two months of selling his courses, per Kajabi. Building a course and membership businessRunning courses and a subscription service accounts for about 95% of Lennon's income, he said.

Persons: Rob Lennon, Lennon, hadn't, ChatGPT, He's, Kajabi, there's, —, Kajabi — Lennon Organizations: Lennon Labs, LinkedIn, Facebook, Mighty Networks Locations: Kajabi, Patreon, Substack

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