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☆ Home Depot CEO Ted Decker: We're still looking for turn in remodeling to drive project demand
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot CEO Ted Decker: We're still looking for turn in remodeling to drive project demandTed Decker, The Home Depot president and CEO, joins CNBC's 'Squawk Box' after reporting quarterly results.

Persons: Ted Decker, We're Organizations: Home, Home Depot

☆ Storing too many digital items on your devices could be a sign of a disorder, experts say
▼ + stars: | 2024-11-15 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +7 min

But if your device is filled with too much digital clutter, it could be affecting your mental health and productivity, experts say. But sometimes, the common behavior can tip over into a disorder that more researchers are trying to understand: digital hoarding. Here’s how to ease up on digital clutter and know when you might be displaying signs of a disorder, according to experts. “Digital clutter is just as stressful as actual clutter in our physical world,” she said. A digital hoarding disorder will be fueled by a persistent urge to save digital information, rather than a “preference” to store that is more flexible, he added.

Persons: ”, Susan Albers, “, Albers, Emanuel Maidenberg, UCLA’s David, Maidenberg, Sanjaya Saxena, Saxena, ” Albers, decluttering, “ it’s Organizations: CNN, Cleveland Clinic, UCLA’s, UCLA’s David Geffen School of Medicine, UCLA, Behavioral Therapy Locations: Ohio, United States, Boston

☆ Dollar eyes weekly gain on slower Fed easing, inflation outlook
▼ + stars: | 2024-11-15 | by ( ) www.cnbc.com time to read: +4 min

The euro was in turn on track for its worst weekly performance in seven months with a fall of 1.75%. Sterling traded 0.02% lower at $1.2666 and was similarly set to lose 2% for the week, its worst weekly fall since January 2023. Higher trade tariffs and tighter immigration under President-elect Trump's incoming administration are projected to fuel inflation, potentially slowing the Fed's easing cycle longer term. The yen was last 0.2% lower at 156.57 per dollar, on track for a weekly decline of 2.5%. Elsewhere, the Australian dollar eased 0.06% to $0.6450 and was set to lose just over 2% for the week, its worst weekly performance in four months.

Persons: Donald Trump's, Sterling, Jerome Powell, Carol Kong, CBA's, bitcoin, Joshua Chu Organizations: Traders, Commonwealth Bank of Australia, U.S ., Treasury, New Zealand, Hong Kong Web3 Association Locations: U.S, CBA's Kong

SKIP AHEAD How we picked the best travel tech essentials | The best travel tech gadgets on Amazon | Why trust NBC Select? As you consider travel gadgets, it’s important to evaluate their size and weight, especially if you have limited space in your carry-on or suitcase. Convenience : Whether you’re taking a car, plane, train or bus, the best travel tech gadgets provide convenience when you’re on the road, ensuring you’re comfortable and prepared for common travel issues. : Whether you’re taking a car, plane, train or bus, the best travel tech gadgets provide convenience when you’re on the road, ensuring you’re comfortable and prepared for common travel issues. The best travel tech gadgets on AmazonUsing the guidance of travel experts, I sorted through hundreds of popular travel tech gadgets on Amazon.

Persons: Tom Marchant, Marchant, ”, you’re, it’s, You’ll, Anker PowerCore, there’s, trimmer, TikTok Organizations: NBC, Fyy, Tile Network, Apple, AAA, Apple Watch, Bluetooth, AA, Facebook, Twitter

☆ Fingerprint from decades-old taxi application led to arrest in 1978 cold case double murder
▼ + stars: | 2024-11-14 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

A fingerprint on a decades-old taxi application led to the arrest of a man accused of fatally shooting two people and leaving their bodies along a Massachusetts roadway in 1978, officials said. Investigators determined that the print on the car was from Joley's left thumb, the district attorney said. The district attorney said the case now has "renewed hope." An autopsy determined they each suffered multiple gunshot wounds, the district attorney said. Harnish was "known as a quiet, polite young man," the district attorney said.

Persons: Timothy Scott Joley, Theresa Marcoux, Mark Harnish, Anthony Gulluni, Theresa A, Mark, Joley, It's, Gulluni, Timothy Joley, Joley's, Marcoux, Harnish Organizations: Hampden, Facebook, Hampden District, Springfield police, Investigators, West Springfield Police, Dodge, Riverdale Locations: Massachusetts, Clearwater , Florida, West Springfield, Springfield, Pinellas, Jail, Hampden, Riverdale

The attorneys who've been defending Rudy Giuliani in a case seeking to force him to turn over his assets to two former election worker he defamed are asking a judge permission to drop him as a client. “Mayor Giuliani has not been informed by Mr. Caruso of this action. Surely Mr. Caruso would talk to the mayor, or at the very least inform him of such a decision,” Goodman said. In court last week, Giuliani said he was unsure where his valuables were, a claim the judge called "farcical." Nathan told the judge he'd discovered that numerous items had been moved from Giuliani's apartment in recent weeks, despite the turnover order.

Persons: who've, Rudy Giuliani, Giuliani, Donald Trump, Ken Caruso, David Labkowski, Ted Goodman, Ruby Freeman, Shaye Moss, “ Mayor Giuliani, Caruso, ” Goodman, he'd, District Judge Lewis Liman, Aaron Nathan, Freeman, Moss, Liman, Joe DiMaggio, Lauren Bacall, Nathan Organizations: “, U.S, District, New, CTS Locations: Georgia, Giuliani's, New York

The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably Infowars, the far-right, conspiracy-minded website that served as Jones’ primary online platform. The Onion plans to shutter Jones’ Infowars and rebuild the website featuring well-known internet humor writers and content creators, according to a person with knowledge of the sale. About an hour and a half after the announcement of the sale, Infowars' website was shut down. Details of Wednesday’s auction, including how much was offered for Free Speech Systems, the parent company of Infowars, and related assets, were not immediately known. “All you leftists celebrating the end of Alex Jones and Infowars, you’re fools,” he said.

Persons: Alex Jones, Jones, “, ” Jones, Infowars, Sandy, Sandy Hook, Chris Mattei, divesting Jones, John Feinblatt, Ben Collins, Collins, Christopher Murray, ”, Jeff Lawson, InfoWars Organizations: U.S, First United American Companies, Free Speech Systems, Sandy Hook Elementary, Gun Safety, NBC News, Onion News, ThreeSixty, Bankruptcy, Southern, Southern District of, Global, Onion staff, O Media, Speech Systems Locations: Connecticut, Texas, Winnebago, Austin , Texas, Southern District, Southern District of Texas, Sandy Hook, Newtown , Connecticut, “

☆ Craig Melvin will replace Hoda Kotb as co-anchor of the 'TODAY' show
▼ + stars: | 2024-11-14 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Craig Melvin will replace Hoda Kotb after the beloved co-anchor announced in September that she was leaving “TODAY” after nearly two decades. Melvin, a news anchor of “TODAY” and a co-host of the 3rd hour of “TODAY,” made the announcement on the show Thursday morning. He will co-anchor alongside Savannah Guthrie for the 7 and 8 a.m. hours beginning Jan. 13. “You are the right person for it.”Kotb will remain as co-anchor until Jan. 10, calling it a "party day." Melvin went on to call Kotb and Guthrie his "sisters."

Persons: Craig Melvin, Hoda, Melvin, ”, Savannah Guthrie, “, “ I’ve, ” Kotb, Kotb, Guthrie, Al Roker, I’ve, ” Melvin, “ You’ve, ’ ” Libby Leist, Craig, Sheinelle Jones, Dylan Dreyer Organizations: Savannah, Zoom, “, Jenna, NBC News, Bowl Locations: Roker

☆ Trump victory may give TikTok a lifeline to remain in the U.S.
▼ + stars: | 2024-11-14 | by ( Jonathan Vanian | Jonathan Vanian Is A Technology Reporter For Cnbc.Com | ) www.nbcnews.com time to read: +6 min

In April, President Joe Biden signed a law that requires China’s ByteDance to sell TikTok by Jan. 19. Although both Republicans and Democrats supported the Biden TikTok ban in April, Trump voiced opposition to the ban during his candidacy. At TikTok, meanwhile, Chew has remained quiet since Trump’s victory, just as he had been in the lead-up to Election Day. In his March interview with “Squawk Box,” Trump said Meta, which owns Facebook and Instagram, posed a much bigger problem than TikTok. Since launching his TikTok account in June, Trump has amassed over 14 million followers.

Persons: Donald Trump, Tim Cook, Meta’s Mark Zuckerberg, Jeff Bezos, Shou Zi Chew, Joe Biden, Jan, Trump’s, Trump, CNBC’s, “, Kamala Harris, “ We’re, Trump hasn’t, Vance, Karoline Leavitt, ” Leavitt, TikTok, Jeff Yass, Sarah Kreps, Chew, Long Le, Le, “ He’s, ” Le, ” TikTok, ” Trump, ”, Mark Zuckerberg, Cornell’s Kreps, Zuckerberg, ” Kreps, ” Meta, Milton Mueller, ” Mueller, Sen, Rand Paul, “ They’re, he’s Organizations: U.S, U.S ., Apple, Google, White, Democrats, Biden, Trump, Democratic, CNBC, Republican, Susquehanna International Group, NBC, Cornell University, Santa Clara University, Facebook, Meta, Georgia Tech’s School of Public Locations: U.S, Chew, TikTok, ByteDance, Yass, China, Ky

☆ Rudy Giuliani lawyers seek to quit defamation claim case over 'fundamental disagreement'
▼ + stars: | 2024-11-14 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Rudy Giuliani (C) arrives at the New York court following a judge's order compelling his appearance in the defamation case filed by Georgia election workers in New York, United States on November 07, 2024. Lawyers representing Rudy Giuliani in a lawsuit related to a massive defamation judgment against him are seeking to quit the case in New York federal court, citing significant disagreements with the former Trump campaign attorney over how to handle the matter. Giuliani's spokesman, Ted Goodman, in a statement to CNBC, said, "Mayor Giuliani has not been informed by Mr. Caruso of this action." Giuliani represented Trump on the heels of the 2020 election, when the then-president was seeking to reverse his loss to President Joe Biden. Giuliani during that time falsely claimed that Ruby Freeman and Wandrea Moss committed ballot fraud at a Georgia vote-counting site.

Persons: Rudy Giuliani, Kenneth Caruso, David Labkowski, Donald Trump, Caruso, Judge Lewis Liman, Liman, Giuliani, Ted Goodman, Mayor Giuliani, Goodman, Joe Biden, Ruby Freeman, Wandrea Moss Organizations: New, Lawyers, Trump, New York City, CNBC, Washington , D.C, Benz Locations: New York, Georgia, United States, U.S, Manhattan, Washington ,

☆ Some voters retain optimism for a woman president following Trump's win: 'Americans are ready, it just wasn't meant to be Harris'
▼ + stars: | 2024-11-14 | by ( Morgan Smith | ) www.cnbc.com time to read: +8 min

But the idea of electing the first female president didn't strongly motivate people to turn out. They don't expect that America will have to wait much longer for a female president. "I voted for Vice President Harris, but there was so much pause in that decision — I debated it for weeks," she says. Harris' loss has not diminished Amiwala's optimism that the U.S. could elect its first female president soon. "I think Americans are ready for a woman president, it just wasn't meant to be Harris," Amiwala says.

Persons: Kamala Harris, Donald Trump, Hillary Clinton's, didn't, Harris, Ali Vitali, —, Joe Biden, Vitali, Amiwala, she's, that's, Chip Somodevilla, Chabaka, Biden, Natasha Bowman, Bowman, Trump, Alejandra Toro, Toro, — wasn't, Laura Kray, Kray, Taylor Swift Organizations: AP VoteCast, NBC News, CNBC, NBC, Capitol Hill, AP, Carolina Girls, Horizon, Getty, Republican, Center for Equity, UC Berkley's Haas School of Business Locations: Fairfax , Virginia, America, U.S, Chicago, Israel, Palestine, Greensboro , North Carolina, Sioux Falls , South Dakota, New York, Charlotte , North Carolina

☆ Georgia’s Fulton County Jail subjects inmates to ‘inhumane, violent’ conditions that threaten their safety, DOJ finds
▼ + stars: | 2024-11-14 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +9 min

CNN —The Fulton County Jail in Atlanta unconstitutionally subjects inmates to “inhumane, violent and hazardous conditions” that threaten their safety, a US Justice Department official said Thursday, announcing the results of a 16-month investigation. “We cannot turn a blind eye to the inhumane, violent and hazardous conditions that people are subjected to inside the Fulton County Jail,” Clarke said. The deaths of Thompson and other inmates in the mental health unitThe 105-page report lays out examples of the problems it alleges, including the treatment of inmates with mental health challenges. Meanwhile, around 75% of the people who have died at the jail since 2021 had a mental health diagnosis or history of mental illness, Buchanan said. “The Fulton County Jail had as many stabbings in a single month as the Miami-Dade County Jail had all year, and that’s a facility with one-and-a-half times more people,” Clarke said.

Persons: ” Kristen Clarke, Lashawn Thompson, “, ” Clarke, Thompson, Kristen Clarke, WANF, ” Ryan Buchanan, ” Buchanan, Michael Harper, ” Harper, Thompson’s, –, Fulton County Sheriff Patrick Labat, Buchanan, ”, CNN’s Ryan Young, Nick Valencia, Hannah Rabinowitz, Dakin Andone Organizations: CNN, Jail, US Justice Department, Justice, US, Justice Department, Sheriff’s, Northern, Northern District of, Thompson’s, Fulton County Sheriff, Miami, Department team’s Locations: Fulton, Atlanta, Northern District, Northern District of Georgia, Fulton County, Dade, Union City

☆ I tried 8 tricks for making perfect scrambled eggs, and the best called for a whirlpool of boiling water
▼ + stars: | 2024-11-14 | by ( Paige Bennett | ) www.businessinsider.com time to read: +10 min

I made scrambled eggs using different well-known tricks and a few methods I had never heard of. AdvertisementIt seems that almost everyone has their own special method of making scrambled eggs — there are so many ways to change the flavor and texture. Paige BennettI've previously tried making scrambled eggs on very low heat for a long amount of time à la Tyler Florence's recipe. AdvertisementMaking this dish in the slow cooker took an hour, but the eggs turned out greatThe eggs took about an hour before they were done. Paige BennettThis slow-cooker option yields a lot of scrambled eggs, making it ideal for meal-prepping or serving a crowd.

Persons: —, Paige Bennett I've, Tyler Florence's, Chrissy Teigen's, Paige Bennett, I'd, Paige Bennett I'm, Paige Bennett I'd, I'm Organizations: Service

☆ 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

☆ My friend group suddenly ghosted me without explanation, and I blamed myself. I'm still learning to trust people again.
▼ + stars: | 2024-11-14 | by ( Pranjali Hasotkar | ) www.businessinsider.com time to read: +4 min

I'm still healing and learning to trust people again. Slowly, I learned that quiet quitting friendships is common. AdvertisementI found the concept of quiet quitting friendshipsWhile doomscrolling through TikTok, I came across the term "quiet quitting" friendships. Understanding this term felt like a personal win, as my feelings were justifiable. I'm still healing and learning to trust people again.

Persons: —, It's Organizations: Service Locations: TikTok

☆ High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years
▼ + stars: | 2024-11-14 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

With some of these pressure points softening, food prices have cooled to rates comparable to before the pandemic. “Grocery prices have skyrocketed,” he said. “Until we can — if we can — fix climate change, there’s no way that food prices can come down,” he told CNN. In the past, grocery prices have come down primarily when “the economy is under duress” and people don’t have enough money to pay for groceries. Absent these kinds of scenarios, Trump is unlikely to get the actual food prices we pay back to where they were during his first term.

Persons: Joe Biden, Donald Trump, Trump, ”, “, ” Trump, “ That’s, That’s, Phil Lempert, Vance, Lempert, Leo Feler, Feler, it’s “ Organizations: New, New York CNN, AP VoteCast, New York Economic Club, ”, Trump, CNN, University of California Locations: New York, Ukraine, Russia, Brazil, Mexico, Florida, California, China, Los Angeles

☆ 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

☆ Cramer: I have been fixated on the turn in Europe
▼ + stars: | 2024-11-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer: I have been fixated on the turn in Europe'Mad Money' host Jim Cramer takes a deep dive into Europe markets and which stocks will benefit from the turn in the economy.

Persons: Cramer, Jim Cramer Locations: Europe

☆ It's time to rethink what work-life balance really means
▼ + stars: | 2024-11-14 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +5 min

A work-life balance is a priority for many. But it may be more beneficial to balance energy and find personal "golden hours" for productivity. AdvertisementThe pursuit of a work-life balance is at the heart of so many workplace conversations. "I don't think work-life balance exists," Dilan Gomih, the founder and CEO of the workplace performance and wellness consultancy Dilagence, told Business Insider. However, provided work doesn't overtake all of your personal time, there may be some wisdom in rethinking the definition of work-life balance.

Persons: —, Zers, Jeff Bezos, Bezos, Veronica West, there's, Gomih, Breese Annable, Annable, West Organizations: Service, Vox's

☆ The Onion has won the bid for Infowars’ assets
▼ + stars: | 2024-11-14 | by ( Hadas Gold | ) edition.cnn.com time to read: +5 min

CNN —Satirical news site The Onion won the auction to acquire conspiracy theorist Alex Jones’ Infowars, which was sold off as part of a defamation settlement after he falsely called the Sandy Hook Elementary School massacre a hoax. The Onion’s bid was backed by the families of eight victims of school shooting and one first responder. Jones was previously ordered to pay $1.5 billion to families of the Sandy Hook shooting victims. Jones had used Infowars to spread some of the most disturbing and disgusting lies and conspiracy theories into the public discourse. Though Collins declined to detail the bid amount, he said it was the highest and that the funding came from The Onion itself.

Persons: Alex Jones ’, Jones, Sandy Hook, he’s, motorhome, ”, Ben Collins, ” Alex Jones, David J, Phillip, Collins, “ We’re, Chris Mattei, Alex Jones, Robbie Parker, Emilie, Infowars, Jones ’, Oliver Darcy Organizations: CNN, Elementary, Gun Safety Locations: Sandy, Houston, harm’s

☆ A smart way to follow value investor David Einhorn into his latest play that generates income to boot
▼ + stars: | 2024-11-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Value investors believe these companies are undervalued due to temporary issues, market overreactions, or broader economic conditions. The approach is long-term, as value investors wait for the market to recognize the company's actual value, which may take time. On a podcast earlier this year, well-known hedge fund manager David Einhorn of Greenlight Capital lamented that modern-day passive investors pay no attention to "value" of the companies they buy. Outcome Scenarios : If the stock price stays above the strike price, the option expires worthless, allowing the investor to keep the premium as profit. If the stock price falls below the strike price, the option buyer will likely exercise it, obligating the seller to buy the stock at the strike price.

Persons: Benjamin Graham, Warren Buffett, David Einhorn, CNH Organizations: Greenlight, Deere & Co, Agco Corp, Farmers, CNBC, NBC UNIVERSAL

☆ Proud Boys are seeking pardons directly from Trump, bypassing the DOJ and, potentially, Matt Gaetz
▼ + stars: | 2024-11-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

The first Proud Boys leaders to seek Capitol riot pardons are instead asking Trump directly. Meanwhile, the Proud Boys want out now, and presidents have the Constitutional power to grant immediate pardons, Biggs attorney Norm Pattis said in a 10-page letter sent to Trump on Wednesday. Two years ago, Biggs and his Proud Boys codefendants had struck a different tone regarding Trump, arguing at trial that he incited the Capitol riot and that the Proud Boys were only following his orders. Advertisement"Mr. President, you are no stranger to prosecutions warped by partisan vendetta," the Biggs pardon letter says. Former Proud Boys chairman Enrique Tarrio will also "explore every possible avenue" toward early release, his lawyer, Nayib Hassan, said in a press statement last week.

Persons: Trump, —, Donald Trump, Joseph Biggs, Matt Gaetz, Tarrio, Gaetz, pic.twitter.com, gGPeTLtWmv, Biggs, Norm Pattis, Pattis, codefendants, Enrique Tarrio, Nayib Hassan, Zachary Rehl, Dominic Pezzola, Prosecutors, Pezzola, Mike Pence Organizations: Boys, Service, Department of Justice, Justice Department, Proud, Manhattan, Trump, Justice, DOJ, Capitol, Proud Boys, Tarrio, Rehl, Capitol Police Locations: Trump, Florida, Afghanistan, Iraq, Washington ,, Philadelphia, Rochester , New York

☆ Lavish gold-domed penthouse in New York City on sale for $25 million
▼ + stars: | 2024-11-14 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +3 min

CNN —Visitors to New York City’s famed Flatiron Building may have noticed the landmark’s lesser-known neighbor — a narrow high-rise that would be modest if not for its extravagant gold dome. Now, the 5,777-square-foot penthouse that occupies the shimmering dome (and the two-story octagonal cupola it crowns) is on sale for $25 million. The five-bedroom, five-bathroom property sits atop 170 Fifth Avenue, which was built in 1898 and predates the Flatiron Building by four years. The building has been standing four years longer than its famous neighbor, the Flatiron Building. Alexander Alland, Jr. /Corbis Historical/Getty ImagesHaving once contained various businesses, including a publishing house, 170 Fifth Avenue was converted into a condominium at the turn of the millennium.

Persons: Eitan Gamliely, ”, Lawrence Treglia, it’s, Treglia, Robert Maynicke, Maynicke, Jay Maisel, Alexander Alland, Gregory C, Carr, ” Treglia Organizations: CNN, Visitors, New York Times, Tiffany Locations: New York, York, preschools, Mozambique

☆ Elon Musk's 'gamification' of government spending taps into our natural competitive instinct
▼ + stars: | 2024-11-14 | by ( ) www.businessinsider.com time to read: +9 min

AdvertisementIt was perhaps inevitable that Elon Musk — a tech titan and a prolific gamer — would try to turn government spending into a game. It's a natural move for Musk, who came up in the tech world in the early 2000s, as "gamification" took hold. "That's that kind of logic that you end up having if you're not really cautious about how it's designed." AdvertisementFor the government, that might hinge on what counts as waste and whether Musk's leaderboard can get people to agree. Otherwise, Hon said gamification might have short-term benefits but backfire in the long term as important, less-tangible factors are crowded out by overemphasizing one metric.

Persons: Elon Musk, —, Elon, Musk, Jane McGonigal, McGonigal, Adrian Hon, You've, Richard Landers, it's, you've, Landers, Natalia Mehlman Petrzela, " Landers, Jill, It's, Petrzela, Musk's, gamification, he's Organizations: Service, Government Efficiency, University of Minnesota, SXSW, Netflix, Nike, New School Locations: gamification

☆ It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
▼ + stars: | 2024-11-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a CNBC-moderated panel at Web Summit 2024 in Lisbon, Portugal. LISBON, Portugal — It's a tough time for the venture capital industry right now as a dearth of blockbuster initial public offerings and M&A activity has sucked liquidity from the market, while buzzy artificial intelligence startups dominate attention. And in the VC world, it's really all about liquidity stupid," Edith Yeung, general partner at Race Capital, an early-stage VC firm based in Silicon Valley, said in a CNBC-moderated panel earlier this week. When a VC makes an equity investment and the value of their stake increases, it's only a gain on paper. Yeung said the lack of IPOs over the last couple of years had created a "really tough" environment for venture capital.

Persons: Edith Yeung, Larry Aschebrook, G, Portugal —, Groq —, Yeung, there's, Big Techs Organizations: Race Capital, CNBC, Summit, Microsoft Locations: Lisbon, Portugal, LISBON, U.S, Silicon Valley

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