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☆ Elon Musk is hiring for DOGE. Here's what he's looking for.
▼ + stars: | 2024-11-14 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk wants you to help root out government waste — but only if you're really smart and willing to work 80 hours a week. Musk, who's standing up the Department of Government Efficiency — or DOGE, named after a cryptocurrency he's linked to — is looking for the top 1% of people interested in joining. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. We need super high-IQ small-government revolutionaries willing to work 80+ hours per week on unglamorous cost-cutting. Since his early days at Tesla, Musk has pushed the company's staff to work "super hardcore" — a management style he mirrored at Twitter, now X, after taking over the platform in 2022.

Persons: it'll, Musk, —, Elon Musk, Vivek, Vivek Ramaswamy, Trump, Ramaswamy, Volodymyr Zelenskyy, Recep Tayyip Erdoğan, Vance, Brian Hughes Organizations: Elon Musk's Department, Government, Service, Department of Government, Elon, — Department, Trump, Twitter Locations: Turkish

☆ A Norwegian fisherman accidentally caught a US submarine in his nets
▼ + stars: | 2024-11-14 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A Norwegian fisherman caught a US submarine in his nets this week. The US Navy has sent several vessels into nearby waters in recent months amid tensions with Russia. AdvertisementA Norwegian fisherman made a surprising catch on Monday in the form of a US submarine. In June, the Ohio-class ballistic missile submarine USS Tennessee and the cruiser USS Normandy were deployed to the Norwegian Sea in response to Russian maneuvers, defense news site Army Recognition reported. AdvertisementIn September, US lawmakers expressed concerns about delays and soaring costs in building new vessels, including Virginia-class submarines, particularly in light of China's recent naval expansions.

Persons: —, Harald Engen, Engen, Pierson Hawkins, Hawkins, Harry S, Wales, Jason Dunham, USS Stout, Ken Calvert Organizations: US Navy, Service, NRK, Norwegian Coast Guard, Barents Observer, Fleet, Forces, Truman Carrier Strike, British, USS, US Naval Forces Locations: Norwegian, Russia, Malangen, Norway's, Virginia, Tromsø, Norway, Ohio, Tennessee, Normandy, Barents, US Naval Forces Europe, Africa

☆ Burberry launches urgent turnaround plan to save the brand
▼ + stars: | 2024-11-14 | by ( Maria Noyen | ) www.businessinsider.com time to read: +2 min

AdvertisementBurberry's CEO Joshua Schulman says the brand is undergoing an urgent "course correct." The strategy aim comes as the luxury brand reports revenue plummeted 22% in its interim results. Things have gone from bad to worse at Burberry, the beleaguered British luxury brand. Dubbing the strategic shift "Burberry Forward," the market has responded positively, with shares rising 14% in early trading on Thursday. Cara Delevigne is a longtime Burberry brand ambassador and stars in one of its new campaigns.

Persons: Joshua Schulman, Burberry, Schulman, Jelena Sokolova, I've, Louis Vuitton, Cara Delevigne, Lexie Moreland, Barry Keoghan, Jonathan Akeroyd Organizations: Burberry, Morningstar, Getty, British, Moncler Locations: British, WWD, China

☆ Trump's victory has turned up the heat on Disney and its CEO, Bob Iger
▼ + stars: | 2024-11-14 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

AdvertisementSome Disney insiders worry about the impact of a second Trump term on the company amid culture wars. Disney CEO Bob Iger and Donald Trump publicly sparred during Trump's first presidential term. During Trump's first term, Iger seemed to publicly align with his opposition. One person close to Disney speculated about whether the political climate would lead news outlets such as Disney's to self-censor. "The risk to these guys is, they have to tone down the rhetoric," the person close to Disney said.

Persons: Bob Iger, Donald Trump, Trump's, Iger, Trump, Harris, Puck, Elon Musk, Nelson Peltz, Dana Walden, Kamala Harris, Disney, I'm, irking Trump, Walden's Harris, He's Organizations: Disney, Trump, Business, ABC, Elon, CNBC, New York Post, ABC News, Warner Bros, Hulu, Sinclair Locations: Hollywood, Iger, Paris, Fox

☆ At Tesla, some are celebrating stock gains — others worry Elon will lose focus
▼ + stars: | 2024-11-14 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Tesla employees are contending with a CEO whose list of commitments grows by the day. Most celebrated the company's surging stock price — it's up nearly 33% year to date — as Tesla stock makes up a significant share of most workers' compensation. Musk's growing list of commitmentsIn the runup to the election, Tesla CEO Elon Musk threw his money and influence behind Donald Trump. 🇺🇸🇺🇸🇺🇸 — Ashok Elluswamy (@aelluswamy) November 6, 2024Kimbal Musk, Elon Musk's brother and a Tesla board member, also appeared to celebrate the win. "On one hand, you want to celebrate the fact that the stock is up an insane amount," the employee said.

Persons: Elon Musk, Donald Trump, Vivek Ramaswamy, Musk, Trump's, Postelection, hasn't, Ashok Elluswamy, Elon, Don ’, cris, ric cars. At, vic Organizations: Elon, Tesla, Trump, PAC, America PAC, Department of Government, Palm, House Republicans, icl Locations: California, Texas, Palm Beach , Florida, Trump's, Mar, Palm Beach, Washington, DC, Palm

☆ Wall Street bonuses are expected to boom for the first time since 2021
▼ + stars: | 2024-11-14 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +4 min

See who stands to take home the biggest checks, according to the comp consultant Johnson Associates. It predicted that some financial-services professionals could see year-end bonus increases of as much as 35% over last year. Here's a look inside three slides from the Johnson Associates report that illustrate key findings. Johnson Associates' 2024 year-end incentives reportDebt underwriters stand to see the biggest bonus bumps this year — up to 35% over 2023, Johnson Associates' founder, Alan Johnson, told Business Insider. Johnson Associates' 2024 year-end incentives reportOverall, the numbers are good compared with the past couple of years, and OK in the grander scheme of things, he said.

Persons: Johnson, —, Goldman Sachs, Alan Johnson, it's Organizations: Service, Johnson Associates, Goldman, Blackstone, underwriters, Equity, Investment, Federal

☆ Exclusive: Amazon's AI chatbot Q is entering enemy turf by integrating with Microsoft's Office 365
▼ + stars: | 2024-11-14 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon plans to integrate its AI chatbot Q with Microsoft's Office 365 service. Amazon Q, launched in April, faces competition from Microsoft's own Copilot AI assistant. At the moment, most Q users access the Amazon AI chatbot through its website, or messaging apps like Slack and Teams. It's part of a set of new Q features Amazon is working on, including a browser extension, the document said. This year alone, he said, Amazon Q has "resolved over 1 million internal Amazon developer questions," saving more than 450,000 hours of work.

Persons: —, Patrick Neighorn, Q, Matt Garman Organizations: Microsoft's, Service, Microsoft, Business, Excel, Amazon, AWS, Gartner, LinkedIn Locations: Microsoft's

☆ Matt Gaetz has a history of going after Big Tech. As Trump's attorney general, he'd be tasked with enforcing antitrust laws.
▼ + stars: | 2024-11-14 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Gaetz has criticized Big Tech for censoring conservatives and supports antitrust enforcement. Both the Justice Department and the FTC enforce antitrust laws that impact large tech companies. Gaetz has frequently railed against Big Tech, accusing Silicon Valley firms of censoring conservatives. The current Federal Trade Commission chair, Lina Khan, whom Trump may end up replacing, has aggressively gone after Big Tech companies. "But the hurdles for Big Tech could remain elevated," he added.

Persons: Donald Trump, Matt Gaetz, Gaetz, —, Trump, Lina Khan, Khan, JD Vance, Mark, Buchanan Ingersoll, Rooney, he's, Isaac Boltansky, Barron's, Kasten, TikTok, George Hay, Hay Organizations: Big Tech, Justice Department, Service, Senate, Florida Republican, Business, FTC, Federal Trade Commission, Nvidia, Meta, Microsoft, Wall Street Journal, China, Apple, Google, Cornell University Locations: Florida, Silicon, Silicon Valley

☆ 5 Y2K trends that should never come back — and one that's slipped through the cracks
▼ + stars: | 2024-11-14 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

Y2K fashion trends have gained traction on social media in recent years, especially among Gen Z. Stylists told BI they're not fans of cork wedge heels and dresses over jeans. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThat's led to some interesting interpretations as they aim to replicate Y2K — Year 2000 — fashion. BI spoke with Dale, as well as fashion stylists Maiya Simone and Turner Allen, to learn which Y2K trends are better left in school yearbooks, moms' Facebook archives, and "Mean Girls."

Persons: Gen, —, That's, Payton Dale, Dale, Maiya Simone, Turner Allen Organizations: Service, Le Moyne College, Facebook

☆ The US-China tech race is moving from chips to the raw materials they're made of
▼ + stars: | 2024-11-14 | by ( Huileng Tan | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

In the race against the US for global tech supremacy, China has the upper hand in at least one critical area: rare earths. AdvertisementFor more than a year, Beijing has slowly been tightening its grip on critical minerals and rare earths. Now, there are fears that China could tighten the global rare earths supply chain even more. China's rare earth dominanceChina has long dominated the rare earths market due to supply, low labor costs, and lax environmental standards. In 2022, the US Department of Defense awarded $45 million to MP Materials for rare earth oxide processing, and in 2023, it awarded over $288 million to Lynas USA to set up commercial-scale rare earth oxide production facilities.

Persons: Deng Xiaoping, —, Rick Waters, Donald Trump's, Louise Loo, Zongyuan Zoe Liu, Chris Tang, Nick Vyas, USC Marshall's Randall R, Vyas, he's Organizations: European Union, World Trade Organization, US Department of Defense, Materials, US, White, Nvidia, Taiwan Semiconductor Manufacturing, Oxford Economics, Greater China, Council, Foreign Relations, Soviet, Bloomberg, AMD, USC, Kendrick, Supply Chain Institute, Bureau of Industry, Security Locations: China, US, Beijing, Japan, USA, Eurasia, Washington, Taiwan, Greater, Soviet Union, North Korea, North Vietnam

☆ Trump's Pentagon pick criticized US involvement in Ukraine, said Putin probably wouldn't go 'much further' if he wins
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

AdvertisementDonald Trump has chosen Pete Hegseth as his defense secretary at a key point in the war in Ukraine. The military veteran and Fox News commentator has mostly aligned with Trump on Ukraine. The choice of Hegseth raised questions about the US approach to the war in Ukraine under a second Trump administration. In an episode of the "Shawn Ryan Show" podcast last week, recorded before Trump's announcement, Hegseth contemplated a scenario where Putin wins in Ukraine. Vance has previously criticized US support for Ukraine, and said: "I don't really care what happens to Ukraine one way or another."

Persons: Donald Trump, Pete Hegseth, Trump, Shawn Ryan, Hegseth, Putin, Joe Biden's, Lloyd Austin, Ukraine Hegseth, Jesse Watters, Joe Biden, NATO Hegseth, Michael Waltz, JD Vance, Marco Rubio, Vance, Alexander Libman, Libman, Anton Barbashin Organizations: Fox, Trump, Fox News, Putin, NATO, Kyiv, Reuters, State, Ukraine, Free University of Berlin, Riddle Russia Locations: Ukraine, Europe, Poland, Afghanistan, Iraq, Hegseth, Ukrainian, Donetsk, Luhansk, Soviet Union, Eastern Europe

☆ Trump's first term avoided a fight in the South China Sea. It's only getting harder.
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +4 min

AdvertisementIn his first term, Donald Trump ramped up military actions to counter China in the South China Sea. South China Sea observers expect continuity with the Biden administration, which tried to ramp up diplomatic efforts and strengthen US alliances and security partnerships. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. AdvertisementThough Trump hasn't outlined a specific South China Sea plan, he could pursue his broader foreign policy mantra of "peace through strength." "Unrestrained US militarization is precisely what drives Beijing's insecurity and will continue to exacerbate tensions in the South China Sea," Marston said.

Persons: Donald Trump ramped, Donald Trump, Trump, Hunter Marston, Trump hasn't, Biden, Gregory Poling, Joe Biden, Marston, Sari Arho Havrén, Chip Somodevilla, Zeno Leoni, Leoni Organizations: Australian National University, China, Southeast Asia, Center for Strategic, International Studies, Trump, Coast Guard, Armed Forces, AP, CBS, Royal United Services, Ukraine, King's College London's Defense Studies Department, Rand Corporation, Biden's National Security Locations: China, South China, Philippines, Asia, Pacific, Philippine, Europe, South Korea, Palm Beach, South, East Asia

☆ Amazon is shuttering Freevee and some insiders fear layoffs could be coming in the tech giant's entertainment arm
▼ + stars: | 2024-11-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Amazon is phasing out its free-to-watch streaming service Freevee as insiders speculate about potential layoffs in the tech giant's entertainment arm. The phaseout comes as three Amazon insiders told BI they believe MGM Studios could soon be hit by layoffs as the company looks to cut costs. Amazon already cut hundreds of jobs across Prime Video and MGM Studios teams earlier this year. It stopped greenlighting new Freevee originals and had been moving some Freevee employees to other parts of MGM Studios. It also competed for resources with Prime Video and created brand confusion with some viewers.

Persons: Freevee, Bosch, Judy Justice, Lauren Anderson, James Marsden Organizations: Amazon MGM Studios, FAST, MGM Studios, Amazon, Video, Fox, Prime

☆ How Trump's Army veteran pick for Pentagon chief, Fox & Friends' Pete Hegseth, sees the world
▼ + stars: | 2024-11-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

AdvertisementTrump has tapped Pete Hegseth, an Army veteran and Fox News host, to be secretary of defense. US President-elect Donald Trump has tapped Pete Hegseth, a Fox & Friends host and US Army National Guard veteran, to be secretary of defense. Hegseth was considered for Veterans Affairs secretary during Trump's first term and faced pushback from veterans group leaders. All US military combat roles opened to women in 2015. AdvertisementThroughout the war, Hegseth has shifted stances, calling Putin a "war criminal" and criticizing Biden for not getting Ukraine military aid quickly enough.

Persons: Pete Hegseth, Hegseth, Donald Trump, Joe, Trump, Trump's, Brace, Paul Rieckhoff, Adam Smith, Adam Kinzinger, Joe Biden's, Shawn Ryan, he'll, Abreanna Goodrich, we've, Shawn Ryan Show, Genya SAVILOV, AFP Hegseth, He's, Vladimir Putin's, Putin, Biden, Israel Trump's, Doug Mills, Benjamin Netanyahu, Israel wasn't, he's, Xiang Organizations: Trump, Army, Fox News, Defense Department, NATO, Fox & Friends, US Army National Guard, Israel, Wall Street, Veterans Affairs, SecDef, Independent Veterans of, Fox, Department of Defense, House Armed Services, Air National Guard, Republican, US National Guard, Pentagon, US Army, Spc, AFP, Kyiv, Warriors, Israeli, Getty, US Locations: Ukraine, America, Independent Veterans of America, Iraq, Afghanistan, Jerusalem, Russia, Soviet Union, Israel, Gaza, Iran, Washington, China, Xinhua, Asia, Pacific, Taiwan

☆ Trump's election victory put TikTok's astrology community into a meltdown
▼ + stars: | 2024-11-13 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

Astrology TikTok creators predicted a Harris win, and they're now facing questions. "You see people who are really, really frustrated and who feel betrayed." Many astrology TikTok accounts predicted a Harris win based on her chart, Semafor reported. While young men have migrated toward Joe Rogan and Logan Paul, astrology TikTok is more likely to have seen an influx of women. AdvertisementSara Walka, the founder of the holistic self-help business The Sisters Enchanted and who teaches astrology, told BI the community is very resilient.

Persons: Harris, —, Kamala Harris, Donald Trump, Jess Rauchberg, Astrologists, Nick Grigolia, Maren Altman, Julia Kelley, Semafor, Dayna Lynn Nuckolls, HuffPost, Nuckolls, Rachel Lang, Lang, Rauchberg, you've, Joe Rogan, Logan Paul, They're, Sara Walka, Walka Organizations: Service, Market Research, Trump, Agora Locations: TikTok, Greece, Rome

☆ Adults are buying more and more kids' toys for themselves in a quest for nostalgia and escape
▼ + stars: | 2024-11-13 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +3 min

Adults accounted for 17.3% of US toy sales in 2023, totaling $6.7 billion, per Circana. Research shows that while overall toy sales are in decline in the US, sales driven by nostalgic adults are on the rise. AdvertisementAccording to Circana's data, despite an 8% overall drop in toy sales last year, adult purchases have stayed robust. The group said that US adults spent over $1.5 billion on toys and games in the first quarter of 2024 alone. A Circana report from June on the US toy industry described adults as the "most important age group" for the industry going forward.

Persons: Frédérique Tutt, Tutt, Steve Totzke, Barbie Organizations: Research, BI, Star, Los Angeles Times Locations: Europe, Asia, Japan, South Korea

☆ Inside Facebook's strategy to take on dating apps like Tinder and Bumble
▼ + stars: | 2024-11-13 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +2 min

AdvertisementTurns out people are actually using Facebook Dating. Facebook Dating offers free features like unlimited likes, unlike some competitors with paywalls. Meta's dating product, Facebook Dating, got a slew of new features last month and the team behind it believes it can help users who are struggling with dating app fatigue. BI sat down with Gulati at one of Meta's offices in New York to get a walkthrough of the Facebook Dating experience. Here's a summary of Facebook's key dating features that it hopes will help it compete with Tinder, Bumble, and newer startups:Advertisement

Persons: Facebook's, Meta, Bumble, Gulati, swiped, Here's Organizations: Facebook, paywalls, Business, Match, BI Locations: Canada, New York, Raya

☆ Every kind of F-35 has now seen combat after a carrier-based stealth fighter struck the Houthis
▼ + stars: | 2024-11-13 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

AdvertisementThe Pentagon said F-35C stealth aircraft took part in strikes against the Houthis last weekend. The aircraft carrier-based variant of the F-35 stealth fighter made its combat debut during recent American military airstrikes against the Iran-backed Houthi rebels, a US defense official confirmed to Business Insider on Wednesday. AdvertisementA US defense official said that mission was the first operational combat flight by the F-35C, meaning all three variants of the aircraft have now seen combat. The F-35 Lightning II is a single-engine, multi-role strike stealth fighter jet made by American defense company Lockheed Martin. Aircraft from USS Abraham Lincoln (CVN 72) support operations against Iran-backed Houthis in the U.S. Central Command area of responsibility.

Persons: Abraham Lincoln, Lockheed Martin, 8Y4yqsAepd, Carl Vinson, Pat Ryder, Seaman Nathaly Cruz, Ryder Organizations: Pentagon, Business, Lockheed, The Air Force, Marine Corps, Navy, Aircraft, U.S . Central Command, Taliban, ISIS, Fighter Attack Squadron, EA, Pentagon Press, Air Force, Marine Fighter Attack Squadron, US Navy, Communication, Monday Locations: Iran, Yemen, American, U.S, Afghanistan, Iraq, Gulf of Aden, Mandab, Syria

☆ TikTok and its owner ramped up their hiring from China, even as Congress raised national security concerns
▼ + stars: | 2024-11-12 | by ( Dan Whateley | ) www.businessinsider.com time to read: +6 min

669 of the 1,089 approved US H-1B hires for TikTok and ByteDance in that fiscal year were from China. The hiring occurred as US officials raised concerns about TikTok's ties to China. Only 12% of all approved fiscal year 2023 H-1B applications were for Chinese nationals, compared to 61% of TikTok and ByteDance's approved applications. AdvertisementEven as TikTok has taken steps to downplay its association with China, its owner, ByteDance, continues to operate in the US. The company has also used TikTok's Chinese sister app, Douyin, as a testing ground for features that ultimately end up on TikTok.

Persons: —, ByteDance, US Sen, Tom Cotton, Cotton, Alejandro Mayorkas, ByteDance's, China TikTok, TikTok, Trump Organizations: TikTok, Service, Companies, Citizenship, Immigration Services, Business, US Data Security, Chinese Communist Party, US, Homeland, India, National Intelligence Locations: China, Beijing, ByteDance, California, Taiwan, Canada, Vietnam

Olivia Nuzzi has withdrawn her protective order request against her ex-fiancé Ryan Lizza. AdvertisementOlivia Nuzzi, the former New York magazine political correspondent who made headlines earlier this year for having a personal relationship with Robert F. Kennedy Jr., has withdrawn her request for a protective order against her ex-fiancé, fellow journalist Ryan Lizza. In an October petition for a civil protection order, Nuzzi accused Lizza, a Politico reporter, of hacking her devices and stealing information to blackmail her. Related Video Jury finds Trump sexually abused and defamed E. Jean CarrollAn attorney for Nuzzi confirmed to Business Insider that she withdrew the protective order request. Following a third-party investigation into Nuzzi's work, New York magazine said the probe found no inaccuracies or evidence of bias in her reporting.

Persons: Olivia Nuzzi, fiancé Ryan Lizza, Nuzzi, Lizza, —, Robert F, Kennedy Jr, Ryan Lizza, Trump, Jean Carroll, Ari Wilkenfeld, Olivia, I'm, Oliver Darcy, Kennedy Organizations: RFK, Service, New, Politico, Business, BI, New York Magazine Locations: New York

☆ Denzel Washington says he has 'not that many' films left to make before he retires — but one will be 'Black Panther 3'
▼ + stars: | 2024-11-12 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +3 min

He also said director Ryan Coogler is writing a role for him in "Black Panther 3." I don't know how many more films I'm going to make, probably not that many," Washington said. After that, Ryan Coogler is writing a part for me in the next 'Black Panther.' Related storiesMarvel fans were quick to pounce on Washington's comment about "Black Panther 3," which the studio has not yet announced. During the closing credits of "Wakanda Forever," text on the screen explicitly promises that "Black Panther will return."

Persons: Denzel Washington, Hannibal, King Lear, Ryan Coogler, —, Denzel Washington doesn't, he's, Paul Mescal, Antoine Fuqua, Steve McQueen, I'm, Washington, I've, Coogler, Tom Holland Organizations: Service, Denzel, Netflix, Marvel, Disney Plus, Disney Locations: Washington

☆ SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit
▼ + stars: | 2024-11-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

SoftBank reported a $7.7 billion quarterly profit on Tuesday after a loss last year. SoftBank Vision Fund's CFO told BI that "macro tailwinds" helped its public portfolio. AdvertisementGains for its Vision Fund 1, a $98.6 billion investment vehicle launched in 2016 with backing from Abu Dhabi and Saudi Arabia's sovereign wealth funds, totaled $3 billion in the second quarter. Despite the investment gain, Vision Fund 2 has lost an overall total of $21 billion since its inception. The results come as SoftBank gears up for a huge investment spree in AI to realize Son's ambitious vision.

Persons: SoftBank, —, Masayoshi, Didi Chuxing, Navneet Govil, Ola, Govil, PayPay Organizations: Service, Funds, Vision, IPOs, Nvidia Locations: Abu Dhabi, Saudi, China, OpenAI, Mexico, India, ByteDance

☆ Ukraine hoped to force Russia to pick between 2 fronts. Putin chose both.
▼ + stars: | 2024-11-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine's big move this year was to invade Russia's Kursk region, hoping to divert Russia's main invasion. While it took ground in Kursk, Russia was also able to keep up its advance into eastern Ukraine. Russia is now amassing troops in Kursk, hoping to retake it without having compromised its main invasion. AdvertisementWhen Ukraine began its audacious incursion into Russia's Kursk region in August, it hoped to force a choice. That force amassed even as Russia kept up a steady advance on the main front line in eastern Ukraine.

Persons: —, Vladimir Putin's, Volodymyr Zelenskyy, Putin, Andrii Kovalenko Organizations: Service, The New York Times, Moscow Times, Ukraine's Center, North Korean Locations: Russia's Kursk, Kursk, Russia, Ukraine, North Korea, Ukrainian, Ukraine's, The

☆ How 9 newly minted Goldman Sachs partners celebrated their big day, from shouting across the trading floor to popping Champagne in the office
▼ + stars: | 2024-11-12 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +15 min

Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.

Persons: Goldman Sachs, David Solomon, —, revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, –, Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, —, Goldman Sachs

☆ Nearly 216,000 job seekers had their personal data left unsecured on a tech recruiter's database, a security researcher says
▼ + stars: | 2024-11-12 | by ( Lloyd Lee | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

It's unclear if any unauthorized parties accessed the exposed data. AdvertisementFowler on Monday published his security report indicating that Alltech left its database of job candidate information unsecured without a password. That left the personal identifying information of about 216,000 tech job candidates exposed. It's unclear why Alltech collected job seekers' Social Security or passport information. Fowler said job candidates should be "skeptical" of recruiters who ask for personal information as a condition of applying for a job.

Persons: —, Jeremiah Fowler, Fowler, Alltech, hasn't, Justin Miller, Miller Organizations: Service, Security, Alltech Consulting, Business, LinkedIn, Secret Service, University of Tulsa, Social, lloydlee Locations: New Jersey

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