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Bill Gates and Warren Buffett have given each other a few tips over the course of their friendship, which has lasted for more than three decades and counting. One of those lessons is something Gates wishes he'd learned a lot sooner, to clear up his busy schedule — and possibly even made him happier and more productive. "In hindsight, it's a lesson I could have learned a lot sooner had I taken more peeks at Warren Buffett's intentionally light calendar." Gates finally learned to cut his employees, and himself, some slack after catching a peek of the Berkshire Hathaway CEO's personal daybook. "[I] remember Warren showing me his calendar ... he [still] has days that there's nothing on it," Gates said, adding that Buffett's sparser schedule taught him an important lesson.
Persons: Bill Gates, Warren Buffett, Gates, he'd, it's, Warren Buffett's, He's, , Charlie Rose, Buffett, Berkshire Hathaway, Warren, It's Organizations: Microsoft, Berkshire, Workers, Stanford University, Northern Arizona University, CNBC
Read previewThis as-told-to essay is based on a transcribed conversation with Rebecca Cafiero, 44, from Palo Alto, California, about deleting work-related communication apps from her phone. I was on my phone, and my son, who was six then, wanted me to play a game with him. I started by setting screen limits and eventually deleted work-related communication apps from my phone. AdvertisementI used to wake up and check my emails immediately, but I no longer let communication apps control my day. I've since deleted about a third of the apps I used to have on my phone, as I felt I wasn't even using them.
Persons: , Rebecca Cafiero, Slack, It's, I'd, I'm, it's, I've Organizations: Service, Business, Google Locations: Palo Alto , California, Silicon Valley
A majority, 78%, of U.S. workers say they don't take all their PTO days, and it's highest among Gen Z workers and millennials, according to a new Harris Poll survey of 1,170 American workers. That's not to say they're not taking breaks — they're just not telling their boss. Nearly 4 in 10 say they've taken time off without communicating it to their manager. "There's a giant workaround culture at play," Rodney says. "It's not exactly quiet quitting, but more like quiet vacationing."
Persons: they're, Libby Rodney, That's, Slack, Rodney, Gen Zers, millennials Organizations: Harris, Microsoft Locations: U.S
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The point of it was to be silly and to put people in different environments and situations where they could create new networks and pathways to people in the company," Pitt said. 'It's easy to look busy'Another way the company tackles remote work for an employee base spread around the world is to cluster some functions. Rather than dwelling on where workers work, a big focus is on developing trust, Pitt said. AdvertisementAnd, Pitt said, if workers care about the mission, it doesn't matter whether they work in an office or from afar.
Persons: , Keith Pitt, Pitt, zaniness, hybrid's, Buildkite Pitt, Slack, Buildkite, I'm Organizations: Service, Business, Buildkite, Pitt, IRL, Workers Locations: Buildkite, Perth, Australia
Chris Kreider wouldn’t let the New York Rangers lose again. After losing Games 4 and 5 following a 3-0 series start, the Rangers were in trouble again Thursday, down 3-1 entering the third period. AdvertisementOn just their second power play of the game 5:11 later, Kreider tipped a waist-high shot by Artemi Panarin behind Andersen to tie it. Andersen keeps Rangers in it, tooThe biggest difference in the series was in net, as many expected. The final special teams tally for the series: The Rangers went 5-for-19 on the power play and Carolina went 2-for-21 while allowing two Rangers shorthanded goals.
Persons: Chris Kreider wouldn’t, Kreider, Frederik Andersen, Artemi Panarin, Andersen, Ryan Lindgren, Barclay Goodrow, Igor Shesterkin, Jordan Staal, Shesterkin, Andrei Svechnikov, CHRISTOPHER JAMES KREIDER 🤩, hird, rick C hallenge, rick, hort, eriod, ross, ade, ake G, kate Organizations: New York Rangers, Rangers, Eastern Conference, Carolina Hurricanes, Hurricanes, ust Locations: York, New York, ried, osh
New York CNN —When new gross domestic product figures last month showed US economic growth slowed from recent gangbuster levels, many people diagnosed the economy as having a really ugly sickness: stagflation. So March’s ugly inflation report, which showed an unexpected jump in the pace of price increases, and the lackluster GDP report, made the diagnosis seem like a no-brainer. Even JPMorgan Chase CEO Jamie Dimon said last month the US economy “looks more like the 1970s than we’ve seen before” and that stagflation is a growing risk. Economic slack, a term I unfortunately cannot take any credit for, broadly describes a situation where the economy isn’t performing as well as it could be. The most widely recognized symptom of economic slack is a rising unemployment rate.
Persons: Jamie Dimon, we’ve, Jerome Powell, , Powell, you’ve, it’s, Austan Goolsbee, Diane Swonk, wasn’t, stagflation, millennials Organizations: New, New York CNN, JPMorgan Chase, Fed, Chicago Fed, KPMG Locations: New York, stagflation
I've been testing the new iPad Pro for several days and what I found is that it's a very nice iPad. The game will look better once Activision Blizzard releases an update enabling improved graphics for the M4 iPad Pro. 2024 13-inch Apple iPad Pro Todd Haselton | CNBCThe new iPads Pro support Apple's updated $350 Magic Keyboard for iPad Pro (the 11-inch version is $300). 2024 13-inch Apple iPad Pro Todd Haselton | CNBCThe updated Apple Pencil Pro is also a lot of fun. What's bad2024 13-inch Apple iPad Pro Todd Haselton | CNBCHere's my biggest gripe about the Pro models: The software, iPadOS, is what you'll get on any other iPad.
Persons: I've, Apple hasn't, Christoph Dernbach, Diablo, it's, Todd Haselton, hasn't, Apple, Slack, you've, Tim Cook Organizations: Apple, Getty, Pro, Activision Blizzard, CNBC, CNBC Here's, Conference, WWDC Locations: It's, 10hz
Honey, I Love You. Didn’t You See My Slack About It?
  + stars: | 2024-05-12 | by ( Erin Griffith | ) www.nytimes.com   time to read: +1 min
Ben Lang didn’t expect to get so much hate just for being organized. For the past three years, he and his wife, Karen-Lynn Amouyal, have been using Notion, a popular software tool, to optimize their household and relationship. More unusual is a section Mr. Lang, a venture capital investor who previously worked at Notion, created about principles (“what’s important to us as a couple”). Another section, called “Learnings,” outlines things the couple have discovered about each other, such as their love languages and Myers-Briggs test results. Mr. Lang, 30, was so proud of the creation that last month, he started promoting a template of the setup to others.
Persons: Ben Lang didn’t, Lynn Amouyal, Lang, Briggs, , Organizations: Google
Two weeks after a painful breakup, being assigned a new project offered a much-needed boost. After a few initial meetings, my editor mentioned another reporter whose beat overlapped with our mission would be joining the team. The door opened, and he walked into the meeting with his laptop and notebook — and his head down. Every time I overheard his voice when I was trying to focus on my work, my heart broke piece by piece. I confessed I was going through a break-up — stopping short of pointing my ex out to her as he walked by the meeting room.
Persons: he'd, who'd, Slack, , I'd Organizations: Service, Business Locations: newsrooms
Remote work opportunities have fluctuated since the start of the Covid-19 pandemic but FlexJobs has seen a slight uptick in the companies actively recruiting for work-from-anywhere positions. To help job-seekers find the best remote, flexible gigs, FlexJobs has identified the most in-demand work-from-anywhere jobs companies are hiring for by analyzing its database for the work-from-anywhere jobs with the highest volume of postings between January and April 2024. Such jobs, however, are increasingly competitive to land, only accounting for about 5% of all remote roles, FlexJobs reports. Most remote jobs have location requirements, mainly due to state and federal regulations that dictate where companies can hire people and do business. If you're hoping to land a work-from-anywhere job, Spencer recommends highlighting in-demand soft skills that commonly appear in remote job ads, including project management and adaptability, on your resume and LinkedIn profile.
Persons: FlexJobs, Keith Spencer, Spencer, Slack Organizations: CNBC, Microsoft
The five-month, 28% sprint from the October correction low to the record high on the last trading day of the first quarter left the S & P 500 overbought, overheated and over-loved. .SPX YTD mountain S & P 500, YTD So far, so good, three weeks down and now three weeks up, taking the S & P 500 back to within 1% of its March 28 peak. More specifically, he tracks the correlation between S & P 500 and the Citi Economic Surprise Index. Fidelity Investments head of global macro Jurrien Timmer fashioned this look at the path of S & P 500 earnings heading into and through each calendar year, with 2024 holding up better than 2023 was last year at this time. The last time the S & P 500 was at today's level above 5200 in late March, the 12-month forward price/earnings multiple was 21.
Persons: that's, Jerome Powell, Scott Chronert, It's, Powell, Lori Calvasina, we've Organizations: U.S, Bank, Citi, Citi U.S, Fidelity Investments, Treasury, RBC Capital
And while WBD's $0.40-per-share loss was 4 cents better than last year, it was still lower than analysts had hoped for. Warners added about 2 million net streaming subscribers globally in the first quarter, bringing its total to 99.6 million. There's a simple explanation for WBD's streaming ad growth despite modest subscriber additions: the advent of live sports on Max. As impressive as WBD's burgeoning streaming ad business looks now, it may be nothing more than a blip if Comcast's NBC outbids TNT for NBA media rights in the league's next TV deal. Suddenly, it seems like Zaslav is taking an even bigger risk by playing hardball with the NBA.
Persons: Discovery's, David Zaslav, Max, Warners, WBD, it's Organizations: Warner Bros, Business, NBA, Warners, Max, MLB, NHL, NBC, TNT, Media, UBS, hardball
A UK-based AI startup, founded last month by former Cohere employees, is already in talks to raise a major pre-seed round amid venture capitalists' continued spending spree in the sector. Convergence AI, incorporated at the end of April, was founded by ex-Cohere employees Marvin Purtorab and Andy Toulis, who was also a machine learning engineer at Uber. Its primary aim, per leaked investor documents seen by BI, is to build out automated workforces using AI. The nascent business has been feted by several leading funds, with the company receiving at least six different term sheets for investment, two London-based sources said. The startup opted for a funding round led by London-based Balderton Capital, six sources familiar with the deal told Business Insider.
Persons: Marvin Purtorab, Andy Toulis, Slack Organizations: Uber, Business, Balderton, BI, Nvidia, Mistral Locations: London, Paris
That entrepreneurial, technology-focused spirit has driven Underwood to an illustrious career at some of the industry's biggest companies, including Google, X, Slack, and Intel. As she built products at these tech giants, Underwood quietly invested in over 50 startups, including the genetics-testing unicorn Color and the cap-table giant Carta. Underwood began investing while at X, then called Twitter, where she was the company's director of product. Shortly after, #Angels was born, the investment collective cofounded by Underwood, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, and Vijaya Gadde. Since 2015, the group has backed over 100 startups, including Forward, Clubhouse, Instacart, Material Security, and Airtable.
Persons: Underwood, she'd, Slack, Jessica Verrilli, who'd, Stewart Butterfield, Cal Henderson, Ev Williams, Jack Dorsey, Verrilli, Jana Messerschmidt, Chloe Sladden, Katie Stanton, Vijaya Gadde, you've, I've, they've Organizations: Amarillo College, Business, Google, Intel, GV, Cue, Twitter, Health, Security, Slack Locations: Amarillo , Texas, Amarillo, Termina, San Francisco
The AI engineer bailed on his friends, who had traveled from the East Coast to the Seattle area. watch nowThis is the dark underbelly of the generative AI gold rush. Last year marked the beginning of the generative AI boom, following the debut of OpenAI's ChatGPT near the end of 2022. Justin Sullivan | Getty ImagesAn AI engineer at Microsoft said the company is engaged in an "AI rat race." The Microsoft AI engineer said a lot of tasks are about "trying to create AI hype" with no practical use.
Persons: Sebastien Bozon, Jensen Huang, Tech's, Amy Hood, Mark Zuckerberg, Zuckerberg, Andy Jassy, Jassy, they're, Eric Gu, , Gu, Satya Nadella, Sam Altman, Justin Sullivan, there's, Morry, Kolman, doesn't, Sundar Pichai, Bard, There's, That's, beholden, Ayodele Odubela, ", it’s, Adam Selipsky, Anthropic, Dario Amodei, Noah Berger, Odubela, Gemini Organizations: Google, Apple, Facebook, Microsoft, AFP, Getty, Amazon, CNBC, Big Tech, Nvidia, Google . Engineers, Tech, Vision, Cloud Next, Web, Amazon Web Locations: Mulhouse, France, East Coast, Seattle, ChatGPT, San Francisco, Vegas, Las Vegas, German
Sometime in the next few years — no one knows exactly when — three NASA satellites, each one as heavy as an elephant, will go dark. Already they are drifting, losing height bit by bit. But age is catching up to them, and soon they will send their last transmissions and begin their slow, final fall to Earth. With some of the data these satellites gather, the situation is even worse: No other instruments will keep collecting it. In a few short years, the fine features they reveal about our world will become much fuzzier.
Organizations: NASA
Wall Street reacted Thursday to this week's Fed meeting, with forecasts scattered across a range of outcomes for where monetary policy heads next. Most economists for the biggest forecasting firms expect the central bank to lower benchmark interest rates sometime later this year. Goldman left in place its call for two rate cuts this year of a quarter percentage point each, with one in July and the other in November. "If inflation comes in stronger than in our baseline, we would expect the first rate cut to be postponed to December," he wrote. For 2025, we continue to expect four rate cuts."
Persons: Goldman Sachs, David Mericle, Powell, Goldman, Andrew Hollenhorst, Morgan Stanley, Ellen Zentner, Marc Giannoni, Michael Gapen, Michael Bloom Organizations: Fed, Futures, Group, Citigroup, Barclays, Bank of America
Read previewExpect a lot more talk of generative AI at Amazon cloud computing events this year. "Up to 80% of all Global Summit sessions will be sourced from 2023 re:Invent sessions tagged to Gen AI." The new directive shows how Amazon is going to extraordinary lengths to promote its AI prowess, at a time when interest in generative AI is skyrocketing. On Tuesday, Jassy said Amazon is on pace to generate "multi-billion" dollars in revenue this year from its generative AI offerings. Generative AI has already been accounting for a larger share of Amazon's public comments.
Persons: , Patrick Neighorn, we've, Andy Jassy, Jassy, It's Organizations: Service, Services, Business, AWS, Amazon, Global, Microsoft, Google, Meta
11x, a London-based AI startup that creates automated digital workers, has raised funding from US investing giant Benchmark Capital. The company aims to provide businesses with "digital AI workers" that can complete repetitive and mundane tasks to free up employees to focus on other things. The startup has raised a Series A round of funding, led by US fund Benchmark, four sources familiar with the discussions told Business Insider. Related stories11x's deal was led by Benchmark general partner Sarah Tavel, who will join the startup's board. The startup created a digital sales worker named Alice and plans to release several other digital workers in the future.
Persons: Hasan Sukkar, Sarah Tavel, Uber, Alice, Slack Organizations: Benchmark, Business, US, Bessemer Venture Partners, Twitter, Benchmark Capital, Google, Project A, Ventures, Tiny Ventures, LinkedIn Locations: London, Syrian, Europe, Syria
Charges were filed in the disappearance of Mint Butterfield, naming a second person. Butterfield was found after six days of missing in San Francisco. AdvertisementA second person is facing charges over the disappearance of Mint Butterfield, the teen child of two tech founders. They are the only child of Caterina Fake and Stewart Butterfield, who cofounded Flickr together in 2004. Stewart Butterfield also cofounded Slack and is worth around $1.6 billion, according to Forbes .
Persons: Mint Butterfield, Butterfield, , Caterina Fake, Stewart Butterfield, Slack Organizations: Mint, Service, Forbes, Business Locations: San Francisco, San Francisco's Tenderloin
Even the human-resources firm retained to help employees with offboarding, Tandem, quit soon after the layoffs because it never got paid. Shannon Flynn Bevers, Tandem's president and founder, said that she tried to help employees but that Johnson stopped responding. "When startups go out of business, they will pay employees their final paycheck. Johnson told employees to take a weeklong furlough and blamed the issue on a technical snafu. She also told employees they could file a claim with their state labor department or hire an employment lawyer.
Persons: Slack, Shiloh Johnson, Johnson, they'd, Benjamin Matthews, Shannon Flynn Bevers, I've, Flynn Bevers, VCs, Josh Felser, Aerin Paulo, ComplYant's, I'd, ComplYant, podcaster David Sacks, Michael Tam, Tam, Matthews, Ryan Cady, Lusely Martinez, Martinez, Cady, paychecks, wasn't, Taliah McGuire, McGuire, what's, Shiloh Luckey, Penelope, We've Organizations: Business, offboarding, . Venture, BI, Craft Ventures, ComplYant, Mucker, Slauson, — Mucker, Fika Ventures, Employees Locations: Los Angeles, Shiloh, San Francisco, Colorado, New York, TikTok
Butterfield's parents cofounded Flickr, and their father later cofounded Slack. Their parents, Caterina Fake and Stewart Butterfield, cofounded Flickr in 2004, and Stewart Butterfield went on to cofound Slack. Their disappearance resulted in an extensive search effort in Tenderloin, an area in San Francisco known for homelessness, crime, and drugs. Butterfield's parents, Stewart Butterfield and Caterina Fake, were married from 2001 until 2007, the New York Post reported. Stewart Butterfield cofounded Slack in 2013 with Cal Henderson.
Persons: Butterfield, Slack, , Mint Butterfield, Caterina Fake, Stewart Butterfield, cofound Slack, Christopher, Kio, Dizefalo, Adam Schermerhorn, Schermerhorn, Jyri Engeström, Cal Henderson Organizations: Flickr, Service, Saturday, Police, Marin County Sheriff's, San Francisco, Office, New York Post, Yahoo Locations: San Francisco, Tenderloin, Marin County, Marin
Mint Butterfield, whose parents are major tech founders, was found safe, police said. Butterfield's parents cofounded Flickr, and their father later cofounded Slack. 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 . Their parents, Caterina Fake and Stewart Butterfield, cofounded Flickr in 2004, and Stewart Butterfield went on to confound Slack.
Persons: Butterfield, Slack, , Sunday . Mint Butterfield, Caterina Fake, Stewart Butterfield, confound Slack, Butterfield's, Jyri Organizations: Flickr, Service, Sunday . Mint, San Francisco Police, Business Locations: California, Bolinas
If you've ever sent a message that said "hi" and nothing else, you may be guilty of "hey hanging." Some workers say the practice can cause anxiety and disrupt productivity. 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 . This story is available exclusively to Business Insider subscribers.
Persons: you've, Organizations: Service, Business
Read previewI never paid much mind to the pillow I rest my head on at night until I went to Berlin. A classic German bed pillow is a monstrosity measuring 31 by 31 inches (80 by 80 centimeters if you're local). AdvertisementThe first Google result for "German pillows" is "German pillows are a crime against sleep," an article by travel blogger Ryan Murdock who writes: "I've devoted a considerable amount of time to thinking about those giant square pillows. "There's no one size fits all for pillows," said Vuu, author of "Thrive State: Your Blueprint for Optimal Health, Longevity and Peak Performance." Next time I go to Germany, I'm bringing a pillow from home.
Persons: , Jessica Furseth, Ryan Murdock, I've, Juliane Hedderich, Kien Vuu, Vuu Organizations: Service, Business, Association of, Feather Industry, Wall Street, Health Sciences, UCLA, Health Locations: Berlin, Germany, Italy
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