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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
Google cut an estimated 40 to 45 jobs in its Google News division this week, according to CNBC. Google CEO Sundar Pichai said on Tuesday that content moderation is a "critical focus" for the company right now. The tech giant laid off an estimated 40 to 45 workers at Google News, according to the Alphabet Workers Union, per CNBC. Google and the Alphabet Workers Union did not immediately respond to Insider's request for comment. We will continue to tackle disinformation, hate speech, graphic content and terrorist content."
Persons: Sundar Pichai, , Benjamin Netanyahu, Shayan, Michael Bennet Organizations: Google, Google News, CNBC, Service, Alphabet Workers Union, Hamas, BBC, Twitter Locations: Israel, Gaza
Gen Z are starting new workplace trends on TikTok from "Bare Minimum Mondays" to "lazy girl jobs." They've become disenchanted with work life as companies layoff staff and abandon remote working. AdvertisementAdvertisementGen Z workers are shaking up the professional world with new ways of finding success and happiness – and they're taking to TikTok to share their learnings. As a result, some are choosing to take a step back from work and put themselves first by prioritizing life over work. Here's five workplace trends that gained traction on TikTok this year.
Persons: Z, They've, , , JP Morgan, weren't Organizations: Service, Meta, Deloitte
Roblox's CEO David Baszucki said staff must return to its San Mateo office three days a week by next summer. The gaming giant is known for creating virtual experiences and went fully remote in March 2020. Baszucki explained the decision came about because virtual workspaces were not as effective as physical spaces. While I'm confident we will get to a point where virtual workspaces are as engaging, collaborative, and productive as physical spaces, we aren't there yet." Roblox is an advocate of the metaverse and its chief technology officer, Daniel Sturman, previously told Insider that it wanted to build on its 3D games and virtual experiences.
Persons: David Baszucki, , Baszucki, Daniel Sturman Organizations: San Mateo, Staff, Service Locations: San Mateo , California
Around 82% of bosses lack any formal leadership or management training and qualifications. A new survey by the Chartered Management Institute surveyed over 4,500 managers and workers in the UK. The Chartered Management Institute released a nationwide study of UK management and leadership in October. Just over half of managers said they don't hold any management or leadership qualifications and a third said they had never received formal management and leadership training. Only 27% of workers rated their manager as highly effective and 37% said they're somewhat effective, the CMI survey showed.
Persons: , YouGov, They're, they're, René Organizations: Chartered Management Institute, Service, CMI, Gallup
McDonald's Israel said it's donating 4,000 meals daily to the Israel Defence Forces and citizens. It's also offering a 50% discount for soldiers and security forces who come to restaurants. AdvertisementAdvertisementMcDonald's Israel announced that it's giving away thousands of free meals to the Israel Defence Forces and citizens after Hamas' surprise attack on Saturday. In addition to a 50% discount to soldiers and security forces who come to our branches." Pictures in the post show cars loaded with McDonald's meals and soldiers and workers in hospitals receiving the packages.
Persons: McDonald's Israel, It's, Israel, , McDonald's, Benjamin Netanyahu, Ivan Karakashian Organizations: Israel Defence Forces, Service, Israel's, Hamas, BBC, Norwegian Refugee Council Locations: Gaza, Israel, Southern Israel, Jerusalem
Larry Summers has addressed the row about Harvard student groups that signed an anti-Israel letter. The letter, signed by 30-plus groups, said the students held Israel responsible for Hamas attacks. AdvertisementAdvertisementLarry Summers, former US treasury secretary and Harvard graduate, said some of the students at the college who signed an anti-Israel letter "did not exactly understand what they were approving." It was authored by Harvard's undergraduate Palestine Solidarity Committee and signed by more than 30 student groups. Several Harvard students have publicly distanced themselves from the letter and said they were unaware their organization had even signed it.
Persons: Larry Summers, , Summers, Bill Ackman, Danielle Mikaelian, Mohini Tangri, Benjamin Netanyahu Organizations: Harvard, Israel, Service, Palestine Solidarity Committee, Twitter, Harvard University, Palestinian, Hamas, Israel Defense Forces Locations: Israel, Palestine, Gaza
Adobe executive Ashley Still said AI advancements won't kill creative jobs in an interview with Fortune. Still compared AI to the invention of the camera and its impact on paintings. Companies across industries are rushing to incorporate AI into their businesses, alarming workers. AdvertisementAdvertisementAdobe introduced new AI features across its various Creative Cloud tools including Adobe Photoshop and Adobe Illustrator Tuesday. Companies across various industries are rushing to incorporate AI into their businesses.
Persons: Ashley Still, Fortune, , Adobe's, Taco Bell Organizations: Service, . Companies, Gallup
Chipmaker Nvidia canceled its AI Summit in Tel Aviv which had sessions on topics like AI and LLMs. Some Israeli tech CEOs and VCs are even volunteering for military service to help out in the war. On its website, Nvidia highlighted over 6,000 startups in Israel with investments from VCs, which makes it "one of the world's most vibrant technology hubs." AdvertisementAdvertisementThe event was supposed to have 60 sessions on topics about AI, LLMs, cybersecurity, autonomous vehicles and more. Some Israeli tech CEOs and VCs are volunteering for army service to help out in the war against Hamas.
Persons: , Benjamin Netanyahu, Jensen Huang, Itamar Friedman, Shmuel Chafets Organizations: Nvidia, Hamas, Service, Gaza Ministry, Health, CNBC, Microsoft, Amazon Web Services, Lenovo, Target Locations: Tel Aviv, Israel, Gaza, Snowflake, VCs
Berkshire Hathaway's vice chairman Charlie Munger is skeptical of the sudden hype around AI. AdvertisementAdvertisementWarren Buffett's right-hand man Charlie Munger is an AI skeptic and is not sold on the hype surrounding it, Fortune reported Friday . 99-year-old Munger, vice chairman of Berkshire Hathaway since 1978, spoke at Zoom's Zoomtopia conference on Thursday and said that AI is essentially overhyped. "I think it's getting a huge amount of hype," Munger said, per Fortune. Munger expressed similar sentiments about AI at his newspaper the Daily Journal's annual meeting earlier this year.
Persons: Charlie Munger, , Warren Buffett's, Fortune, Munger, We've, we've, OpenAI, ChatGPT, It's, Buffett Organizations: Berkshire Hathaway's, Service, Berkshire Hathaway, Daily, Daily Journal, Berkshire
Airbnb CEO Brian Chesky made the tough decision to lay off 1,900 staff during the pandemic. Chesky made an alumni directory for laid off Airbnb staff so recruiters could connect with them. Chesky explained to Bartlett that he wanted people to leave with "dignity" and have the chance to get good roles. When describing the layoffs, Chesky said it was like "breaking up with 2,500 people," and said that he had a "deep feeling of love for all of them," referring to his employees. During its pandemic layoffs, Airbnb's severance packages were substantial .
Persons: Brian Chesky, Chesky, , Steven Bartlett, Airbnb, Bartlett, I'm, Elon Musk, Musk, they'd Organizations: Service, Software
Major airlines have canceled flights to and from Tel Aviv. AdvertisementAdvertisementMajor airlines around the world have suspended flights to and from Tel Aviv after Palestinian militant group Hamas launched an unprecedented attack on Saturday and fired thousands of rockets into central and southern Israel, resulting in hundreds of casualties. American Airlines, United Airlines, Lufthansa, Virgin Atlantic, Wizz Air, EasyJet, Korean Air, and Cathay Pacific are among those who have canceled flights to Ben Gurion Airport in Tel Aviv – Israel's only international airport. Israeli Prime Minister Benjamin Netanyahu has since declared a state of war, and Israel has launched retaliatory attacks on Hamas. The following airlines have confirmed online or in statements to Insider that they have suspended flights to Tel Aviv:
Persons: Benjamin Netanyahu, , Ben Gurion Organizations: Hamas, Saturday, Service, American Airlines, United Airlines, Lufthansa, Virgin Atlantic, Wizz, Korean Air, Cathay, Ben Gurion, Ben, FAA, British Airways, AL Airlines, Israel Defence Forces Locations: Tel Aviv, Palestinian, Israel, Korean, Cathay Pacific, Ben, San Francisco, Gaza, El Al
Prada and Axiom Space are collaborating to create NASA's new spacesuits for its 2025 lunar mission. Prada engineers will develop design features and adapt materials to the harsh climate around the moon. NASA revealed in 1974 that spacesuits are costly and that it spent $15 to $20 million on them at the time. AdvertisementAdvertisementItalian luxury fashion house Prada is collaborating with commercial space company Axiom Space to design NASA's new spacesuits for its Artemis III mission in 2025 so astronauts can fly in style, Prada and Axiom Space announced Wednesday. NASA hired Axiom Space in June 2022 to build its latest spacesuits after revealing it had spent $420 million since 2017 trying to develop its own suits.
Persons: Prada, , Artemis, Michael Suffredini Organizations: NASA, Service, Space, Extravehicular
Tamika Thomas was mistakenly given the abortion pill misoprostol by CVS Pharmacy employees. Thomas was undergoing IVF treatment and had her pregnancy abruptly ended after taking the pill. AdvertisementAdvertisementA Las Vegas woman who was undergoing IVF treatment had her pregnancy abruptly ended after she was accidentally given abortion pills by CVS Pharmacy employees, local TV station 8 News Now reported. AdvertisementAdvertisementBut a mix-up at the CVS counter meant she received the abortion pill misoprostol instead. Earlier this year, CVS and Walgreens said they planned to offer the abortion pill mifepristone over the counter in states where it's legal.
Persons: Tamika Thomas, Thomas, that'll, Roe, Wade Organizations: CVS Pharmacy, Morning, National Health Service, CVS, Nevada State, of Pharmacy, Walgreens, US
Israeli PM Benjamin Netanyahu has declared a state of war after Hamas launched a surprise attack. Insider compiled 11 dramatic images showing the consequences of the surprise attack on Israel. AdvertisementAdvertisementIsrael's Prime Minister Benjamin Netanyahu has declared a state of war after Palestinian militant organization Hamas launched thousands of rockets in a surprise attack on Saturday. Palestinian militants infiltrated Israeli territory by land, sea, and some even used motorized paragliders as the attacks continued. AdvertisementAdvertisementImages show the scale of the attacks, including captured Israeli military vehicles, buildings aflame, and Israelis fleeing areas targeted by Hamas.
Persons: Benjamin Netanyahu, , Mohammad Deif Organizations: Hamas, Service, Israel Defense Forces, Washington Post, Palestinian, Sky Locations: Israel, Aqsa, Washington
Israelis fled a religious festival in the desert after Palestinian militants invaded it. Palestinian militants are infiltrating Israeli territory by land, sea, and even on paragliders. AdvertisementAdvertisementHundreds of Israelis fled an outdoor festival in the desert in a panic when Palestinian militants invaded it, videos on social media show. AdvertisementAdvertisementThere have also been reports of Palestinian militants invading Israeli territory by land and sea — some even using paragliders. The attack is being considered one of the biggest from Palestinian territory in years, according to the New York Times.
Persons: , Daniel, We're, Benjamin Netanyahu, Mohammed Deif, Deif Organizations: Hamas, Service, Washington Post, New York Times Locations: Israel, Palestinian, Walla, Jerusalem, Gaza, Aqsa, Washington
Workers at Salesforce's Slack have been asked to set aside some regular duties to focus on training. This has caused frustration and creative attempts to speed through sessions, sources told Fortune. A Slack spokesperson said the firm experimented with ways to help workers focus on their priorities. AdvertisementAdvertisementSome workers at Salesforce's Slack have been frustrated at being asked to set aside regular meetings to ensure they complete internal training sessions. This has led to workers "gaming" the company's training platform to speed through the sessions, Fortune reported, citing sources.
Persons: Salesforce's Slack, Fortune, Slack, , Salesforce, Bridgitt Haarsgaard, Haarsgaard Organizations: Salesforce's, Service, Slack
Gen Z are abandoning the girlboss lifestyle to enter the new "snail girl era" taking off on TikTok. The term "snail girl" was coined by Sienna Ludbey in an article for Fashion Journal in September titled "'Snail girl era': Why I'm slowing down and choosing to be happy rather than busy." "'Hot take for the week, my inner girlboss is dead and my 'snail girl' era has begun,'" Ludbey wrote. Its features editor Maggie Zhou said in the video: "the girlboss is rolling over in her grave, welcome to the snail girl era." Although choosing the snail girl lifestyle may be more gratifying, it could result in financial or other consequences further down the road.
Persons: , Sienna Ludbey, Ludbey, Michelle P, Netflix's, Sheryl Sandberg's, King, Maggie Zhou, Suzy Welch, University's, Welch, who's Organizations: Service, Fashion Journal, Fashion, University's Stern School of Business Locations: New
Job postings on LinkedIn that mention AI or generative AI have increased significantly since 2021. Overall, job seekers are keen to snap up these roles because some pay over $100,000. AdvertisementAdvertisementThe number of jobs postings on LinkedIn that mention AI or require AI skills have increased significantly since 2021 and jobs seekers are keen to snap up these jobs, new LinkedIn data shows. These changes are already showing up as job postings that mention AI or generative AI have more than doubled globally in the past two years, per LinkedIn's data. There's been a rapid increase in interest around AI skills in the past year since the launch of OpenAI's chatbot ChatGPT in November 2022.
Persons: , There's, ChatGPT Organizations: Service, LinkedIn, Global Locations: Canada
The founder and CEO of Proton, Andy Yen, likes to take up customer calls or answer support tickets. Yen told the BBC that by doing this he can keep track of what customers actually need from the firm. Andy Yen, the founder and CEO of Proton, was interviewed by the BBC for its CEO Secrets Series . "You can actually go your entire career without ever meeting a customer because customers don't come in and talk to you." AdvertisementAdvertisement"This can mean answering customer support tickets, taking up customer calls, or being on a sales call, because if you don't do this you can really lose track of what your customers actually need from you."
Persons: Andy Yen, Yen, , Uber's Dara Khosrowshahi, Khosrowshahi Organizations: Proton, BBC, Service, EU, Meta, Google Locations: Geneva, Switzerland
A new Adobe survey found that almost half of Gen Z workers want more training on hard skills. On the contrary, only a third were keen on polishing up their soft skills like communication. Adobe's Future Workforce Study surveyed over 1,000 Gen Z workers in the US in early September to explore their career motivations and workplace expectations. A spokesperson for Adobe said that respondents were given a definition for hard skills and soft skills. They were informed that hard skills refer to job-related or technical knowledge and abilities, while soft skills were classed as interpersonal skills and traits that shape how you work.
Persons: , Gen Z, Z, PWC, Jackie Henry, Deloitte's Organizations: Deloitte, KPMG, Service, Study, Adobe, Financial Times
Anna Wintour invited Sam Bankman-Fried to the Met Gala during a Zoom meeting on Valentine's Day 2022. Wintour's team were furious when he ultimately snubbed the invite, per Michael Lewis' new book about FTX. After the meeting Bankman-Fried thought: "'I would have to think hard if this is a thing I want to go to,'" per the excerpt. Bankman-Fried ultimately decided not to go, but it was FTX's former head of public relations, Natalie Tien, who had to deal with the fallout with Wintour's team. AdvertisementAdvertisementLewis wrote: "Natalie was prepared for Anna Wintour's people to be disappointed when she told them that Sam wouldn't be there.
Persons: Anna Wintour, Sam Bankman, Fried, Michael Lewis, , Anna Wintour's, FTX's, Wintour, didn't, Lewis, Louis Vuitton, Tom Ford, Natalie Tien, Natalie, Sam wouldn't, Sam, FTX Organizations: Valentine's, Service, Beverly Hilton, CBS, Alameda Research Locations: Los Angeles, America, Alameda
Airbnb's CEO said it's using AI to identify which guests are likely to throw house parties. It's also using AI to verify if listing pictures submitted by hosts match up with satellite images. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementAirbnb's CEO revealed the company is using AI to identify which guests are likely to throw house parties before they secure a booking, Bloomberg reported Monday . Chesky did not go into particular technical detail of the firm's AI technology, but its use of AI to predict guests' rule-breaking behavior may raise eyebrows.
Persons: It's, , Brian Chesky, Chesky Organizations: Service, Bloomberg
Prosecutors say SBF's lawyers declined a request for a Ukraine-based FTX customer to testify remotely. And he can't testify in person because of a wartime law stopping men from leaving the country. 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 . AdvertisementAdvertisementSam Bankman-Fried's lawyers declined a request from prosecutors to allow a Ukraine-based FTX victim to testify remotely at his trial, which is due to start on Tuesday.
Persons: , Sam Bankman, Prosecutors, Judge Lewis A, Kaplan, Bankman, didn't Organizations: Service Locations: Ukraine, United States, FTX, Russia
Instagrammable laundry rooms have become a new luxury status symbol for millennial homeowners. AdvertisementAdvertisementRich millennials are starting to splurge on a space in the home that has previously been neglected and hidden from guests – the laundry room. Homeowners increased spending on laundry rooms by 33% in 2021, according to a 2022 survey by Houzz, an interior design website connecting homeowners with renovation professionals. On social media, upscale laundry rooms are decked out with colorful tiles, marble counters, tongue and groove wall paneling, expensive hardware, an abundance of storage space, and even dog showers in some cases. Others are taking it up a notch with nearly $30 luxury laundry detergents from brands like The Laundress and of course, the firm favorite – the $40 Aesop handwash, perched by the butler sink.
Persons: They're, , Rich millennials, There's, Sarah Davies, Kate Guinness, there's, they've, Dina Bandman, Nina Magon, Priscila Forster, Forbes, Perrin, Rowe, pricey Organizations: Service, Instagram
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