DIRS.INFO The most relevant business & tech news

☆ Scottie Pippen: Michael Jordan was 'horrible player' and 'horrible to play with,' says former Chicago Bulls teammate
▼ + stars: | 2023-05-30 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

In fact, the only two years the Bulls didn’t win the title was when Michael Jordan tried his hand at baseball. However, speaking on his former Bulls teammate Stacey King’s podcast ‘Gimme the Hot Sauce’ on Friday, Pippen described Jordan as a “horrible player.”“I’ve seen Michael Jordan play before I came to the Bulls. “Michael Jordan was the greatest to ever put on shoes and play in our game. The way LeBron James plays, Michael Jordan was never asked to play that way because I took that away from him. “And there’s no game that I would ever play in and pick LeBron James over Michael Jordan.

☆ Who's going to work on all these AI projects at the big banks?
▼ + stars: | 2023-05-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Everyone seems to agree that artificial intelligence is going to upend Wall Street. Insider's Paige Hagy and Bianca Chan have a fascinating story on how AI talent doesn't seem to be sticking around at big banks. What's even more foreboding is that AI talent isn't leaving for other banks. But struggling to hold on to AI talent seems especially concerning when one considers what's at stake — like, uh, humanity — and the speed at which it'll happen. Here are the three reasons banks can't seem to hold on to AI talent.

☆ JPMorgan's Jamie Dimon just sounded off on what it takes to be a good CEO
▼ + stars: | 2023-05-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

JPMorgan CEO Jamie Dimon has a take that might surprise you. Succession plans for the unofficial face of Wall Street have long been speculated on. One of the biggest issues we see on Wall Street, or in business more broadly, is an executive not knowing when to cut ties. Want to know what a Wall Street hiring raid looks like? Here's Wall Street's plan if the US defaults on its debt.

☆ The up-and-coming stock pickers you should have on your radar
▼ + stars: | 2023-05-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

Rising stars of equity research. When it comes to equity research, these analysts are a "strong buy." For a third consecutive year, Insider reporters canvassed their sources to identify the rising stars of equity research. Click here to meet our 17 rising stars of equity research. These are 10 of the cheapest places to nab a beach house in the US.

☆ Tensions Flare Inside The Messenger, a Fledgling News Site
▼ + stars: | 2023-05-20 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +2 min

In a statement, The Messenger said that the site is still in an early testing phase. “We have delivered hundreds of pieces of great journalism and have exceeded our traffic goals,” the statement said. On some occasions over the last week, The Messenger published two versions of the same story, with editors unaware of what their co-workers were working on. Those tensions reached a boiling point earlier in the week after one of The Messenger’s news teams assigned a story that had already been assigned by an editor on another team. Mr. Zimmerman admonished editors in a group chat on the messaging platform Slack that they needed to use an online form to coordinate their story assignments.

☆ A new class of executives on Wall Street is gaining a ton of power
▼ + stars: | 2023-05-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

I still need questions for a future mailbag. As Wall Street grapples with how to deploy AI, the executives overseeing the tech are rising in prominence. Bianca mapped out the 12 executives leading AI strategy at Bank of America, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley, and Wells Fargo. Meet the 12 executives leading the AI strategy at the biggest US banks. The bank run on Silicon Valley Bank, which was helped along by social media, has bank executives reconsidering their online presence, Reuters reports.

☆ High-stakes game of keeping secrets on Wall Street
▼ + stars: | 2023-05-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Citadel Securities' trading strategies? Look no further than a recently filed lawsuit by Citadel Securities against two former employees, per Bloomberg. The suit, which you can read here, alleges the former employees were building a competing high-frequency trading firm while still employed and used trade secrets gained while at Citadel Securities. Portofino told Bloomberg that the Citadel Securities lawsuit was "corporate bullying" and that it would defend itself. On the one hand, trading firms invest a lot of money — check out some salary ranges here — in developing these strategies.

☆ Britney Spears’ husband Sam Asghari appears to slam new documentary
▼ + stars: | 2023-05-16 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Sam Asghari stuck up for his wife prior to the Monday debut of a documentary about her life after her conservatorship. “TMZ Investigates: Britney Spears: The Price of Freedom,” which aired on Fox, cites primarily unnamed sources. It was absolutely disgusting,” Asghari said in a video on his Instagram Stories. Spears and Asghari did not participate in the documentary. CNN has reached out to representatives for TMZ, Asghari and Spears for comment.

☆ 'No one's safe': Sixers cut Rivers after repeat playoffs disappointment
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +1 min

May 16 (Reuters) - Philadelphia 76ers head coach Doc Rivers was fired on Tuesday after a humiliating Game 7 loss to the Boston Celtics, as the team bounced out in the second round of the NBA playoffs for a third straight year. After Sunday's gut-wrenching 112-88 defeat in Boston, he told reporters he would stay, but acknowledged, "No one's safe in our business." Rivers is not alone: On Saturday the Phoenix Suns fired head coach Monty Williams - who won Coach of the Year in 2022 - after losing the conference semifinals for a second straight year. Williams led Phoenix to the NBA Finals in the 2020-21 season, where they lost to the Milwaukee Bucks. Reporting by Amy Tennery in New York Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ An outsider's take on finding success on Wall Street
▼ + stars: | 2023-05-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

At first glance, Kristofer Baxter doesn't seem like an ideal candidate for offering tips about succeeding on Wall Street. His outside perspective offers a unique look at what it takes to find success on the Street. Too often, people explaining how they found success on Wall Street, or anywhere, amounts to them bragging about how hard they worked. Read more on key lessons from a top engineer at Citadel about finding success. The famous VC firm is going to launch a fund of funds for backing other VCs focused on finding early-stage startups.

☆ Google and OpenAI will lose the AI arms race to open-source engineers, a Googler said in a leaked document
▼ + stars: | 2023-05-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Google and OpenAI are not positioned to win the AI arms race, a Google engineer said in a leaked doc. A document written by a senior Google engineer suggests the open-source community is rivaling them. Google and OpenAI are not positioned to win a hotly contested AI arms race as the open-source community is "lapping" them, a senior engineer at the search giant has said. Sernau said open-source engineers were doing things with $100 that "we struggle with" at $10 million, "doing so in weeks, not months." He cited challenges around running AI models on a phone as one such major issue, which he said open-source engineers have managed to do on a Google Pixel 6.

☆ Dimmed Suns hope to recapture fire at home against Nuggets
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

May 2 (Reuters) - The Phoenix Suns return to the Valley with the grim task of turning around their Western Conference semi-final campaign against the Denver Nuggets on Friday, with star point guard Chris Paul's future uncertain. After the Nuggets humbled them 125-107 in Saturday's opener, the Suns improved their defense but little else in Monday's Game 2, losing 97-87. CURRY VS. LEBRONElsewhere in the playoffs picture, a star-studded California clash between LeBron James' Los Angeles Lakers and defending champions Golden State Warriors kicks off in San Francisco on Tuesday. Philadelphia star James Harden equalled his career playoff high 45 points on Monday and will need another high-caliber performance for Game 2 in Boston on Wednesday with Embiid's future unclear. Philadelphia head coach Doc Rivers told reporters their ability to win without Embiid was a testament to his players' preparedness.

☆ Why the producers of 'Queer Eye' and Peacock's 'Swedish Death Cleaning' show believe they're 'in a really good position' to ride out a Hollywood writers' strike
▼ + stars: | 2023-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

"Queer Eye" creator Scout Productions is betting its time is now, with a Hollywood writers' strike looming. It's working with Kristen Stewart on a "super-gay ghost hunting" reality series, as the star touted it on Instagram. It's also plotting a return to its scripted content roots. "They are very Scout shows in our storytelling process, but they're also shows that fit, that can be international, they can be domestic only. Joel Chiodi, head of documentaries and SVP of strategic development, contended that Scout's content "may not be broad, but we're enough in the mainstream, just pushing a little more."

☆ 'Queer Eye' producers are diving into the world of professional mermaiding for new Netflix doc series
▼ + stars: | 2023-04-28 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

The producers of "Queer Eye" explore underwater performers in a new docu-series, "MerPeople." Scout Productions executive-produced it; Oscar-winning Cynthia Wade directed. The creators of "Queer Eye" are turning their lens on the world of underwater performers for a new docu-series on Netflix, "MerPeople." Executive producers were Scout Productions' Michael Williams, David Collins, Joel Chiodi, and Rob Eric, along with photographer Andréanna Seymore; Roland Ballester, known for "Halston" and "30 for 30"; and Wade. Scout Productions has become known for richly shot, inclusivity-themed unscripted TV projects like ballroom competition series "Legendary" and streetwear design contest "The Hype" on HBO Max, in addition to "Queer Eye."

☆ ‘Big George Foreman’ Review: Not the Biopic a Two-time Champ Deserves
▼ + stars: | 2023-04-27 | by ( Glenn Kenny | ) www.nytimes.com time to read: +1 min

The former boxer George Foreman’s late-20th-century popularity as a television pitchman for a line of cooking products has enabled a collective amnesia. Boxing has given us many fighters who have won world champion titles more than once. But Foreman won his first heavyweight title bout in 1973. Too bad “Big George Foreman,” directed by George Tillman, Jr., is so shockingly flat. George, who can wallop like no other boxer, almost obliviously moves from strength to strength.

☆ Joel Embiid Says He Can ‘Do Anything’ on the Court. Let Him Show You.
▼ + stars: | 2023-04-20 | by ( Scott Cacciola | ) www.nytimes.com time to read: +1 min

“I think he thinks he is a guard,” 76ers shooting guard Tyrese Maxey said of Embiid. Embiid was not always so comfortable handling the ball. At the time, Rivers said, he heard from fans who wanted Embiid to stop drifting to the perimeter. But Rivers said he resisted their pleas to shape Embiid into more of an old-school center. Get him on the post!’ ” Rivers recalled in an interview.

☆ From 'Queer Eye' to gay ghost hunters, Scout Productions execs reveal how they built a reality TV powerhouse that's well armed for a Hollywood writers' strike
▼ + stars: | 2023-04-18 | by ( Lucia Moses | ) www.businessinsider.com time to read: +9 min

Reality TV powerhouse Scout Productions is betting its time is now, with a Hollywood writers' strike looming. It's working with Kristen Stewart on a "super-gay ghost hunting" reality series, as the star touted it on Instagram. The company also revealed to Insider that it's developing an unscripted series with Janelle Monáe and her production company, Wondaland. It's also plotting a return to its scripted content roots. "They are very Scout shows in our storytelling process, but they're also shows that fit, that can be international, they can be domestic only.

☆ This Uber Eats driver only accepts high-value orders in the hope of getting big tips. He says it's 'like gambling,' but 'very exciting.'
▼ + stars: | 2023-04-10 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

An Uber Eats driver told The New York Times that only accepting high-value orders is like "gambling." He told the newspaper he felt delivery drivers were now considered "the bottom of the barrel." After delivering the orders, he waited an hour to learn from the Uber Eats app how much his tips were worth. "It's like gambling," Bush told The Times about his "very exciting" big tips. Uber told The Times it had improved its app to reduce "verification confusion" for high-value tips and added measures to encourage better tipping.

CNN —Tennis great Boris Becker says he’s grateful just to be alive as he reflected on spending time in prison in an interview with CNN’s Christiane Amanpour. Soon after his release, Becker told German broadcaster Sat 1 that a prison “inmate tried to kill” him during his incarceration. “It feels great [to be out],” Becker told Amanpour. “Prison life is a very dangerous place. In tennis, as in life, thing were “never easy” and “always a bit of a struggle,” Becker recalls.

☆ Twitter and Apple are cracking down on return-to-office mandates. Other tech companies will likely start too.
▼ + stars: | 2023-03-27 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Major tech companies are taking in-person work pretty seriously. They were early return-to-office tech companies. So their crackdowns give a glimmer of how tech companies issuing similar mandates now will enforce them going forward. Amazon, Oracle, Salesforce, and many other tech companies recently announced the end to remote work. Check out our list of major companies with return-to-office mandates — they could eye policy enforcement soon.

☆ Help! I got ghosted by HR 'after going through a million rounds' of job interviews
▼ + stars: | 2023-03-24 | by ( Hanna Howard | ) www.cnbc.com time to read: +2 min

Dear Work It Out,What do you do when you're in the running for a new job and HR ghosts you after going through a million rounds? A HR person had reached out to me to interview for a job at a website I was really interested in, so I met with the editor who would be managing the open role. The interview went well, and I was cautiously optimistic that I'd soon have a job that would cover my health care. I received an email from the hiring manager that acknowledged she had received it. The hiring manager could have moved on to another position or gone on parental leave.

☆ Anheuser-Busch is launching an entertainment division with help from Oscar-winning producer Michael Sugar in a push to reach consumers who don't watch ads
▼ + stars: | 2023-03-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Anheuser-Busch is building an entertainment division, Insider has learned, the latest big marketer to turn to Hollywood to reach consumers who are increasingly glued to ad-free streaming services. The AB InBev effort is under a new, unannounced entity called draftLine Entertainment, a part of its internal ad agency, draftLine. DraftLine Entertainment is being run by AB InBev marketer Lauren Denowitz as global studio head, reporting to VP Fábio Baracho. The world's biggest brewer, AB InBev is well known for its marketing. In the case of AB InBev, entertainment is a way to promote the beer category at large over any individual brand.

☆ US declines to force lower price on cancer drug Xtandi
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, March 21 (Reuters) - The U.S. government will not force Pfizer Inc (PFE.N) and Astellas Pharma Inc (4503.T) to lower the price of their prostate cancer drug Xtandi using its emergency "march-in" authority, the National Institutes of Health (NIH) said on Tuesday. Patient group the Union for Affordable Cancer Treatment first filed a petition calling on the NIH to use its authority to lower the drug's price in March 2016. The NIH said in a letter made public on Tuesday that its analyses in response to the petition found the prostate cancer treatment was widely available. "NIH does not believe that use of the march-in authority would be an effective means of lowering the price of the drug," the letter said. Progressive lawmakers in the Democratic Party have been calling on President Joe Biden's administration to use its march-in authority to lower drug prices.

☆ Here's the method Chick-fil-A workers use to keep their cool with angry customers
▼ + stars: | 2023-03-21 | by ( Nancy Luna | ) www.businessinsider.com time to read: +3 min

At Chick-fil-A, a doc says employees are trained to show compassion to "recover unsatisfied guests." Workers are told to focus on de-escalating tough situations using the HEARD model. This training document tells Chick-fil-A workers how to "recover" unhappy customers. Insider sourceArthur Greeno, one of the few multiunit Chick-fil-A franchisees in the US, wrote a LinkedIn article about the HEARD model in 2021. Are you a Chick-fil-A insider with insight to share?

☆ Fact Check-Poster seeking ‘pure’ Ukrainian blood donations is a fake
▼ + stars: | 2023-03-17 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

An image of a fake poster that appears to be seeking blood donations from “pure-blooded Ukrainians” has been circulating online. From March 31, 2023, blood donations will be accepted only if you are a pure-blooded Ukrainian. In a Facebook post published on March 1, Liski said the company was contacting the police about the fake poster (here ). Legislation covering donations reads: “A blood and/or blood components donor can be any legally capable citizen of Ukraine, foreigner or person without citizenship who has a permanent residence permit on the territory of Ukraine” (here ). The appeal for blood donations from “pure-blooded” Ukrainians is fake.

Search resuls for: "Doc"

25 mentions found