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☆ Uber revenue beats expectations and the stock is up
▼ + stars: | 2023-05-02 | by ( Ashley Capoot | ) www.cnbc.com time to read: +3 min

Shares of Uber popped 9% in premarket trading Tuesday after the company reported first-quarter results that beat analysts' expectations for revenue. Here's how the company did:Loss per share: 8 cent loss vs 9 cent loss expected by analysts, according to Refinitiv. 8 cent loss vs 9 cent loss expected by analysts, according to Refinitiv. Revenue: $8.82 billion vs. $8.72 billion expected by analysts, according to Refinitiv. Uber reported a net loss of $5.9 billion for the same quarter last year.

Box customers testing the product have already experienced “revolutionary” productivity gains, Box CEO Aaron Levie told Reuters. He cited a Box customer whose employees were reviewing tens and thousands of files manually. The new AI features were able to do it automatically “within a matter of seconds.”Box partnered with OpenAI, the AI startup backed by Microsoft Corp (MSFT.O) behind the chatbot sensation ChatGPT, to build the AI enhancements. While Box is initially building its AI offering with OpenAI’s technology, the goal is to allow customers to select among different AI providers, he said. Box said the new AI features include the ability to summarize financial documents, surface insights from customer surveys and tailor onboarding documents to a specific customer's needs.

☆ Monitoring Financial Institution Compliance
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +41 min

Compliance MonitorshipsA compliance monitor (also called an independent examiner or independent compliance consultant) is an impartial party appointed by the government to detect the root causes of the institution’s compliance failures. The purpose of a compliance monitor is not to address a particular compliance failure or punish the institution. Responded to compliance issues, in a timely manner and in a way that demonstrates that the institution takes compliance issues seriously. Compliance Department EmployeesThe monitor must evaluate the adequacy of compliance department employees, including the number of compliance employees, their experience, and their expertise. Assess the Compliance SystemsThe monitor typically engages compliance technology experts, who have specific knowledge of coding and compliance technology software, to test and evaluate the institution’s compliance systems.

Our experts answer readers' student loan questions and write unbiased product reviews (here's how we assess student loans). See Insider's picks for the best student loan refinance companies »Insider's Featured Student Loan Refinance Companies SoFi Student Loan RefinancingSplash Financial Student Loan RefinancingEarnest Student Loan Refinancing Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. APR Variable: 5.38% - 8.99%, Fixed: 4.99% - 8.99% Editor's Rating 4.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Variable: 4.74% - 9.99% with AutoPay, Fixed: 4.49% - 9.99% with AutoPay Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star APR Actual rate and available repayment terms will vary based on your income. Please note, we are not able to offer variable rate loans in AK, IL, MN, NH, OH, TN, and TX. Show more Variable: 4.99% - 8.94%, Fixed: 4.96% - 8.99% (with AutoPay discount) Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Apply now Apply now Apply nowGetting the most bang for your buckI was an English major at Berkeley.

☆ At Microsoft, Charlie Bell's shackles are finally off. Watch out, Amazon.
▼ + stars: | 2023-04-26 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +16 min

Many in the industry, including current and former Microsoft and Amazon executives, wonder whether there's a better job for Bell. It could get intense, with Bell going toe-to-toe with Jassy and getting into disputes with Selipsky. "There were two different sets of security products and actually different security organizations that were securing the products for Microsoft," Bell said. While Bell has imported some processes from Amazon, he has introduced them with a "Microsoft flavor," by using Microsoft productivity tools, one person said. "So many decisions get made at Microsoft by looking at PowerPoints, and sometimes those PowerPoints lack details," Rashid, the former Microsoft and Amazon executive, said.

☆ A former Meta recruiter paid about $200,000 a year says her team 'did nothing' as there 'really wasn't enough work'
▼ + stars: | 2023-04-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A former Meta talent sourcer, Maddie Machado, says "there wasn't enough work" for her team. "It was a whole team of recruiters doing nothing because of an inefficient process," she said. A former Meta employee says there "wasn't enough work" to do and her entire team was often "doing nothing" while she was at the company. "I wasn't just sitting around and not doing anything for $200,000; it was a whole team of recruiters doing nothing because of an inefficient process," she said. She added that there "really wasn't enough work" for her team.

☆ Goldman Sachs M&A team doesn't get out of bed for less than $10 billion
▼ + stars: | 2023-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Goldman Sachs' M&A team operates under a similar mandate, albeit with a few more zeros. Why bother stressing over 10 $1 billion deals when you can just do a $10 billion deal? It's not just the M&A market that's facing issues. The bank has held the top spot on the year-end M&A league tables for decades, but it is hearing footsteps. More on Goldman's M&A strategy amid an industry drought.

☆ A psychologist says people who have 'decision fatigue' in the workplace look incompetent and careless. Here's how to know if you have it and what to do instead.
▼ + stars: | 2023-04-24 | by ( Sherry Walling | ) www.businessinsider.com time to read: +5 min

She writes that decision fatigue is energy depletion that leads to impaired judgment. When decision fatigue shows up in our personal relationships, it's perceived as carelessness. To help you be more present in your personal and professional relationships, here are some tips to prevent decision fatigue. Both can lead to decision fatigue. Unlike physical exhaustion, which is palpable, decision fatigue is sneaky.

☆ A former Meta recruiter paid about $200,000 a year says her team 'did nothing' as there 'really wasn't enough work:' report
▼ + stars: | 2023-04-22 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

A former Meta talent sourcer said "there wasn't enough work" for her team, per The Independent. A former Meta employee said there "wasn't enough work" to do and that her entire team were often "doing nothing", The Independent reported. She added that there "really wasn't enough work" for her team. Machado previously told Insider that she outlined the employee benefits she received at Meta on her TikTok account, in a video that's since been deleted. Three months after the "fantastic" onboarding process, her team discovered that a limited talent pool "didn't want to work for Facebook", she claims.

☆ Ancestry CEO says these 10 strategies will save you time at work and help you become more productive
▼ + stars: | 2023-04-21 | by ( Deb Liu | ) www.businessinsider.com time to read: +14 min

This week, I shared 10 simple ways you can save 10 hours a month, but why stop there? If you can find ways to save time at work, you'll be able to invest those hours in other, more productive activities. Ancestry CEO Deb Liu says automating tedious tasks will save you countless hours down the line. By creating an FAQ for the tough calls, you can save yourself the work of always having to defend your decisions. The upfront investment is worth the long-term gainsThere you have it: 10 simple ways to save up to 10 hours a month at work.

REUTERS/Dado RuvicLONDON, April 19 (Reuters) - Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the U.S. last month, creating a risk their business will become concentrated in smaller financial institutions. Mainstream banks have become increasingly wary of crypto clients following a series of high-profile collapses, including the bankruptcy of major exchange FTX in November last year, and a lack of regulation. "Crypto and Web3 start-ups are telling us they simply cannot get a business bank account," said Marcus Foster, head of crypto policy at Coadec, a body representing UK start-ups. A spokesperson for ING said the bank does not "target or focus actively on crypto firms" so its exposure is "very limited." But for smaller crypto start-ups, securing a banking partner could be more difficult, said Ricardo Mico, the U.S. CEO of Banxa (BNXA.V), a payment and compliance infrastructure provider for crypto.

☆ Opinion: The revolving door access to state secrets has to end
▼ + stars: | 2023-04-12 | by ( Brett Bruen | ) edition.cnn.com time to read: +8 min

The US national security team is once more ignominiously living out the line made famous by pop star Britney Spears after finding itself back in the uncomfortable position of watching state secrets ping-pong around the internet. As a veteran of the National Security Council and State Department, I have a couple of ideas about what we need to change to get Spears’ song off repeat. Indeed, whatever the cause of this latest breach, it should galvanize us to shut the revolving door of access to our most sensitive secrets. For starters, there should be a minimum time commitment from those appointed to high political office. This turnover creates massive disruptions and gaps in our national security structure.

☆ Instagram's creator marketplace could see an influx of brand deal opportunities as it opens up to 3rd-party platforms and agencies
▼ + stars: | 2023-04-11 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +2 min

Instagram is now onboarding third-party influencer-marketing platforms and agencies. Despite being less than a year old, Instagram's test of a creator marketplace has already had its share of ups and downs. That means Instagram's creator marketplace could potentially see an increase in brands and paid opportunities for influencers in the coming weeks. Agencies will be able to communicate with creators directly via Meta's Creator Marketplace. InstagramTikTok's creator marketplace made a nearly identical move in 2021 when it brought on "alpha partners" such as Influential, Whalar, and Captiv8.

☆ Question: How are some bars boosting profits? Answer: Trivia nights
▼ + stars: | 2023-04-07 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +9 min

In February, she begged friends to come to Talea's first trivia night, fearing only a few players would show up. NYC Trivia League, which hosts trivia at over 100 venues across New York City, recently surpassed its weekly event count from early 2020 and the Covid-19 pandemic lockdown. Brooklyn Brewery has been hosting trivia nights with the NYC Trivia League since 2019. Bumpy road to recoveryWith so many new venues hosting trivia nights, Kostyo cautioned bars may "cannibalize each other" as more businesses try to plant their flag in the trivia space. On a trivia night, we are easily doubling our sales from the previous night.

☆ The retail and warehouse labor shortage just won't quit. Here's the 14-page pitch deck warehouse robotics startup Exotec used to raise a $335 million Series D to help.
▼ + stars: | 2023-04-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +4 min

Check out the 14-page pitch deck below. When people are scarce, robotics startups get a boost. And retailers remain keen to spend on anything that can combat a labor shortage that just won't quit. Here's the pitch deck that reeled in its latest funding round. Exotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck ExotecExotec pitch deck Exotec

☆ I volunteered to be laid off from Amazon so I could try being a standup comedian
▼ + stars: | 2023-04-01 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +4 min

Sarah Whiteman, 26, volunteered to be laid off at Amazon in January as part of its mass job cuts. I joined Amazon Web Services as a recruiter in April 2020, after being laid off from Nordstrom's finance department after the pandemic struck. I absolutely loved working at Amazon, and I moved into different roles before becoming a program manager for a new team handling onboarding across all of Amazon. Even though it was a great role and I loved the team, I volunteered to be laid off as part of Amazon's January 2023 layoffs. So I posted on LinkedIn about how I chose bravery following the layoffs, trying out standup while looking for another role.

☆ A business coach who quit her 9-to-5 and now makes $1 million in profit a year shares her growth strategy
▼ + stars: | 2023-04-01 | by ( Pauleanna Reid | ) www.businessinsider.com time to read: +7 min

Jereshia Hawk is the founder of Leverage, an online coaching business for women of color. After seeking out online communities for coaches and learning the basics, Hawk started by selling PDFs and digital courses. About nine months into business, Hawk hired a coach to teach her how to develop a more viable strategy to package and deliver her expertise while maximizing her income. Continuing from coach to CEOOnce she had coaching down, Hawk turned her attention to the larger goal of financial freedom. $1 million and beyondHawk's next step is to extend the relationship with her clients by hiring a content-curriculum designer and more experienced program coaches.

☆ I got fired from my $190,000 job at Meta for posting on TikTok, but there wasn't much real work for recruiters like me to do
▼ + stars: | 2023-03-31 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +4 min

Maddie Macho worked as a recruiter at Meta until she was fired for posting tips for job seekers on TikTok. She said her team at Meta barely had enough work to do, and her days were filled with meetings and trainings. A rocky startWhen I started my job as a recruiter at Meta in September 2021, I was so excited. There wasn't enough work to do at MetaAfter onboarding, we were supposed to start sourcing new talent, but there wasn't enough to do. I began posting on TikTokBefore working at Meta, I wasn't active on TikTok.

☆ How Fanatics and MLB are planning to keep the trading card boom going
▼ + stars: | 2023-03-30 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

MLB trading card partner Fanatics has plans for new rookie card features this season as part of a bigger plan to increase the value of Topps baseball cards for collectors. "Fanatics is focused on the best experience for the fan, and collectibles is focused on the best collector experience," said Fanatics Collectibles CEO Mike Mahan. After the game, the patch will be authenticated and placed directly onto their rookie card in a future Topps set. While the sports trading card industry had seen growth in recent years, the pandemic put the hobby into overdrive. Cards across sports have been selling for record prices, including a $12.6 million sale for a 1952 Topps Mickey Mantle rookie card, the highest price ever paid for a trading card.

☆ A Square exec says the company is targeting larger sellers, reflecting a growing trend amid economic uncertainty
▼ + stars: | 2023-03-29 | by ( Madeline Stone | ) www.businessinsider.com time to read: +4 min

Large sellers "don't want to deal with piecing together a bunch of complex solutions," Loh said. In recent months, other ecommerce software providers like Shopify have also placed more emphasis on larger sellers as a way to hedge their bets. To cater to larger sellers, Square doubled down on features like preordering capabilities and loyalty program integrations. "But then also larger sellers, I think especially during this challenging economic time, they don't want to deal with piecing together a bunch of complex solutions. Analysts say supporting large businesses could offer good value at a time when many are tightening their belts.

☆ It's becoming increasingly clear that fintech has a fraud problem
▼ + stars: | 2023-03-29 | by ( Bianca Chan | Paige Hagy | ) www.businessinsider.com time to read: +8 min

"With fast growth comes fast fraud," Frank McKenna, a longtime fraud expert who works with banks, lenders, and fintechs, told Insider. Cash App only requires a zip code, debit-card number, and either an email or phone number to create an account. Cash App's alleged fraud problem could also be the result of its large, active customer base, which numbers some 44 million, according to the company's 2022 annual report. The fact that Cash App offers peer-to-peer payments exacerbates the fraud issue, according to McKenna, the chief fraud strategist at Point Predictive, an anti-fraud software company. Digital-only bank Chime has had its own issues with fraud, Jason Mikula, a fintech analyst and consultant, told Insider.

☆ Fintech has a fraud problem, and the onus is on you to figure it out
▼ + stars: | 2023-03-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Fintech's fraud misfortune. Which brings us to a story by Insider's Bianca Chan and Paige Hagy about concerns over the prevalence of fraud within consumer-facing fintechs in recent years. Click here to read more about fintech's fraud problem. We've also got the deck StellarFi, a fintech that helps users improve their credit score, used to raise $15 million. For more than 50 different decks used by fintechs to raise fresh funds, check out our library.

☆ Employees Need Positive Feedback From Bosses. Without It, People Quit.
▼ + stars: | 2023-03-28 | by ( Molly Lipson | ) www.businessinsider.com time to read: +11 min

A 2021 study by the global management-consulting firm McKinsey found that the top-two reasons people quit their jobs are because they don't feel valued by their company or their manager. And when employees feel happy and rewarded by their jobs, they are also more productive. How to really mean it when you give an employee praiseFor employees to really feel valued at work, it's important that they are recognized on a regular basis. While a simple acknowledgement of good work can be a powerful tool, Baumgartner told me that a simple "thank you" isn't sufficient to truly appreciate employees' work. Peer-to-peer recognition is also an important way employees can feel valued.

March 17 (Reuters) - HR and payment software startup Rippling said on Friday it has raised $500 million in a new funding round initially intended to help customers make payroll in the immediate aftermath of Silicon Valley Bank's collapse. The round, led by technology investor Greenoaks Capital, gave Rippling the same valuation of $11.25 billion it had clinched after its previous capital raise last year, the company said. Unclear if customers' funds would be recovered by Monday, Conrad started to seek more capital from investors, whose funds were also partly stuck with SVB. Growth equity firm Greenoaks was one of Rippling's investors that have funds available to wire on Monday. Rippling offers services to businesses to manage their human resource and information technology operations such as employees' onboarding and payroll management.

☆ AI Tech Like ChaptGPT, Bing, Bard Is a Bigger Threat Than Social Media
▼ + stars: | 2023-03-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +13 min

Nowadays, the promise of social media as a unifying force for good has all but collapsed, and Zuckerberg is slashing thousands of jobs after his company's rocky pivot to the metaverse. Much like social media in 2012, the AI industry is standing on the precipice of immense change. And as Altman and his cohort charge ahead, AI could fundamentally reshape our economy and lives even more than social media. If social media helped expose the worst impulses of humanity on a mass scale, generative AI could be a turbocharger that accelerates the spread of our faults. Social media amplified society's issues, as Wooldridge puts it.

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