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          The Chipotle Challenger Series will give gamers a chance to win a year's worth of free burritos (CMG)      Comment   Translate Page      

chipotle

  • Chipotle has announced the Chipotle Challenger Series, an esports competition that will award the winners a year's worth of free food from the restaurant chain.
  • Chipotle will host the amateur competition in partnership with some of the biggest esports events in the country, but it's not clear exactly which games will be included as of yet.
  • Attendees at the DreamHack Dallas and DreamHack Atlanta events will be able to enter the tournaments, and Chipotle will sponsor VIP lounges with free food at several of upcoming events.
  • Visit BusinessInsider.com for more stories.

Chipotle is partnering with one of the biggest esports organizations in the world for a new tournament series starting in May. Gamers will have a chance to win a year's worth of free Chipotle, and the fast-casual restaurant will give away free burritos and Chipotle swag at events across the country.

The Chipotle Challenger Series is designed to give amateur fans at professional gaming events a chance to join the competition and prove their own skills in the world’s most popular games. The series will coincide with DreamHack Dallas from May 31 to June 2 and DreamHack Atlanta from November 15 to November 17.  All DreamHack attendees will be able to register at the event for a chance to win a free year of Chipotle, the Challenger Series trophy, and exclusive apparel.

It's not known which games will be featured as part of the event; the DreamHack events at large are known for hosting fighting game tournaments and competition around titles including "Counter-Strike: Global Offensive." 

“Our partnership with DreamHack allows Chipotle to become even more engrained in the esports community,” Chris Brandt, Chipotle's Chief Marketing Officer said in a statement. “This sponsorship provides the perfect platform to directly engage new and longtime loyal Chipotle fans on-site and online, and we are excited to recognize and reward possible up-and-coming talent in the space.”

Chipotle will also sponsor VIP guest areas at DreamHack and other upcoming esports events. The VIP areas will offer a lounge area for players and esports talent as well as free food. The partnership begins with a Chipotle-sponsored player lounge at ESEA's Rank S Combine at the MGM Grand Las Vegas from April 12 to April 14th. Chipotle will also provide a special VIP guest area at ESL's Intel Extreme Masters event in Chicago later this year.

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          Man who allegedly pushed 5-year-old from Mall of America balcony has history of police run-ins at the scene of the crime      Comment   Translate Page      

mallGetty Images

  • A five-year-old boy was pushed from the third-story balcony at the Mall of America in Minnesota. 
  • The boy is reportedly still alive, but police have not provided more details than that.
  • Twenty-four-year-old Emmanuel Deshawn Aranda was taken into custody following the incident. 
  • Arrest records obtained by local station WCCO show that Aranda has previously had run-ins with police at the mall.
  • Once he was arrested after police were called about someone throwing objects from the top balcony of the mall to the bottom level. Another time, he was arrested after a woman said he assaulted her after she refused to buy him food.
  • Visit INSIDER's homepage for more.

Authorities say a five-year-old boy who was thrown from a third-floor balcony at the Mall of America near Minneapolis remains hospitalized with serious injuries.

Bloomington police Chief Jeffrey Potts said in a news conference Saturday that the boy fell nearly 40 feet after a man threw him off the balcony Friday. Authorities haven't released the boy's name and say his family is requesting privacy.

See the rest of the story at Business Insider

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          Officer won't get charged after mistakenly using gun instead of taser to shoot jailed, unarmed man, DA says | TheHill - The Hill      Comment   Translate Page      
  1. Officer won't get charged after mistakenly using gun instead of taser to shoot jailed, unarmed man, DA says | TheHill  The Hill
  2. Police officer 'excused' after mistakenly using his gun instead of his Taser to shoot unarmed inmate in cell, DA says  CNN
  3. PA Police Officer Won’t Face Charges for Accidental Shooting of Inmate in Cell  KTLA Los Angeles
  4. 'This was an honest mistake': A Pennsylvania police officer who shot a suspect with his gun instead of a Taser won't face charges  INSIDER
  5. Pennsylvania police officer will not face charges for shooting suspect after mistaking firearm for Taser  New York Daily News
  6. View full coverage on Google News

          The Uber IPO exposes how Saudi cash drives Silicon Valley innovation, and even the biggest tech companies can’t stop it      Comment   Translate Page      

Saudi Arabia Crown Prince Mohammed bin Salman

  • Uber's S-1 filing showed that Saudi Arabia's Public Investment Fund owns 5% of the company.
  • The Public Investment Fund is also a top investor in Softbank's gargantuan Vision Fund, which owns 16% of Uber — not to mention sizable stakes in companies like Slack, WeWork, and DoorDash. 
  • Saudi Arabia has been criticized for human rights abuses and repressive laws, so it's a problematic source of cash for Silicon Valley, which prides itself on changing the world.
  • But Silicon Valley is under attack like never before these days, and that's caused a cynical search for stability that seems to have made taking Saudi money a non-issue. 

Silicon Valley's relationship with an undemocratic regime that has a troubling human rights record is in the spotlight. 

President Donald Trump has spoken out about it. Lawmakers are debating ways to stop the flow of money and data between the two.

The adversary in this cross-border drama is China, which has raised alarm bells in the US as it bulks up its homegrown tech industry and arouses suspicion of spying and influence.

However, there's much less fuss about the cozy ties between another repressive foreign power and Silicon Valley. 

Saudi Arabia's presence in Silicon Valley is greater than it's ever been. 

That became especially clear on Thursday when Uber filed its IPO paperwork. We learned from the S-1 filing that the kingdom's Public Investment Fund owns 5.2% of the ride-sharing company. 

The figure might actually under-count Saudi Arabia's influence within Uber. Softbank, the Japanese tech conglomerate, owns a 16.3% stake in Uber through its Softbank Vision Fund. The biggest investor in the Vision Fund is Saudi Arabia, which contributed $45 billion of the fund's massive $100 billion bankroll

Mohammed bin Salman and Masayoshi Son SoftBank

The Vision Fund is Silicon Valley's undisputed kingmaker today, writing big checks and amassing stakes in high-flying startups such as WeWork, Slack, DoorDash and GM Cruise. That means Saudi cash is essentially funding much of Silicon Valley's innovation.

As the New York Times pointed out in October, this gusher of Saudi money is an inconvenient truth for an industry that prides itself on making the world a better place.

From space to augmented reality, Saudi cash is everywhere

Some basic facts about Saudi Arabia: It's a place where torture and arbitrary arrests are widespread, according to Amnesty International; a place where women are not allowed to travel abroad without the permission of a male "guardian." It's the leader of a coalition blamed for airstrikes in Yemen responsible for thousands of civilian deaths and injuries. 

And then there's the gruesome killing of Saudi dissident journalist Jamal Khashogghi, which, according to the CIA's initial conclusion, was ordered by Saudi Crown Prince Mohammed Bin Salman, the Wall Street Journal reported.

In other words, Saudi Arabia is antithetical to everything tech companies' altruistic mission statements claim to stand for.  

Saudi money may be more prevalent in tech now, but it's not new. Prince Alwaleed bin Talal was an early investor in Twitter, and at one point owned a stake larger than cofounder Jack Dorsey's. (Alwaleed was himself detained — in a Ritz Cartlon hotel — for three months in 2017 by his cousin Prince Mohammed, the current leader of the country).

And the Saudi Public Investment Fund is also a shareholder in Magic Leap, Tesla and Virgin Galactic, according to research firm CB Insights. Whether you're in augmented reality or outer space, there's no escaping Saudi money.

A 2018 Quartz article cites an estimate by research firm Quid that Saudi investors directly participated in tech investment rounds totalling at least $6.2 billion during the previous five years.

dara khosrowshahi fortune uber

Uber CEO Dara Khosrowshahi backed out of a conference organized by Prince Mohammed last year after the Khashogghi killing, as did now-former Google Cloud CEO Diane Greene. But for the most part, there's been little pushback among tech startups when it comes to accepting Saudi or Softbank money.

Uber's winds of change

So why is Silicon Valley okay with Saudi money? 

It's true that we live in a world that runs on oil — so drawing a moral line isn't easy when you're pumping gas into your car every day. 

Maybe the tech industry thinks it's bringing the winds of change.

After all, when Uber announced its Saudi investment in 2016, women weren't allowed to drive.

“Of course we think women should be allowed to drive,” Uber's Jill Hazelbaker told the New York Times at the time. “In the absence of that, we have been able to provide extraordinary mobility that didn’t exist before — and we’re incredibly proud of that.”

And two years later, change did happen when the ban on women driving was officially lifted.

Did Uber's presence in Saudi Arabia cause the change? It's impossible to say with certainty, but I'd wager not. 

Much more likely is that Prince Mohammed, looking for a way to burnish his credentials as a "reformer" when he rose to power in 2017, saw the controversial driving ban as an easy and expedient thing to jettison in exchange for goodwill.

The notion of working from the inside to bring about change has a long and not-so-great track record in tech. Think back to Google contorting itself into a pretzel to justify its introduction, and then withdrawal, of a search engine in China. When outrage recently erupted over Google's secret plans to make a new censored search app for China, the company didn't even try to justify itself with a "change from within" argument.

Tech businesses don't really want a revolution

You may ask, at this point, why more companies don't take a stand and turn down Saudi cash. 

The sad reality is that companies are more interested in preserving the status quo that their businesses are built on than in bringing about change; even the "disruptive" tech companies.

That's especially true today, as tech companies are under siege from all sides, blamed for disrupting our privacy, our elections and our children's attention spans. 

donald trump orb saudi arabia

Thinking differently is great marketing copy when it sells gadgets. But there's little upside in leading a revolution if it scares away customers. 

Look no further than Google's app store. Thanks to an app called Absher, Saudi men can direct where women travel, and receive alerts when women use a passport to leave Saudi Arabia. After Insider's Bill Bostock investigation into this wife-tracking app, US lawmakers demanded that Google remove Absher from its app store.

Google refused to pull the app. It argued that the app does not violate its terms of service.

Right now, the tech industry's terms of service are clear. Whether it's about policies, products or investors, the golden rule is stability. 

SEE ALSO: Uber can't decide whether cofounder Travis Kalanick is an asset or a liability, and it makes for an awkward but revealing IPO filing

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          Cory Booker's half-full kickoff rally could be miserable news for the future of his campaign      Comment   Translate Page      

Cory Booker

  • Sen. Cory Booker's 2020 kickoff rally on Saturday had fairly low turnout, especially compared to some of his Democratic competitors. 
  • Newark police were reportedly preparing for around 10,000 people, but just over 4,100 showed. 
  • Booker's campaign has struggled to find momentum so far, and he's way behind in both the polls and fundraising. 
  • Visit BusinessInsider.com for more stories.

NEWARK, NJ — The weather was perfect for Democratic Sen. Cory Booker’s 2020 kickoff rally in Newark, New Jersey, on Saturday, but the sunshine was apparently not enough of a draw for locals to come out and support their former mayor.

Newark police were reportedly planning for up to 10,000 people to show up at the rally. The venue, Military Park in the city's historic downtown, was full of open space.

Booker's campaign told INSIDER that according to Gary Bootes, head of security for the event, there were over 4,100 people in attendance.

Comparatively, Sen. Bernie Sanders' 2020 kickoff rally in Brooklyn, New York, which took place on a snowy, cold day in early March, had a crowd of roughly 13,000.

Sen. Kamala Harris's 2020 kickoff rally in Oakland, California, in late January had approximately 20,000 people in attendance.

Though the crowd in Newark was relatively small, it was quite diverse. The city's population is roughly 50% black, and the crowd at the rally was full of people of all races and ages. 

Those in attendance did their best to find shade where they could on one of the warmest days in the region in 2019 so far. At least one person fainted but got help quickly from medical professionals on the scene.

Before Booker took the stage, his mother, Carolyn, spoke and boasted of her son's accomplishments.

"I have watched Cory fight for this community. I have watched Cory fight for this state," she said. "He's a servant leader…Cory will be the type of president who doesn't just lead people, but will listen to the people."

Cory Booker 2020

Booker strutted onto the stage around 1:30 pm ET to Bill Withers' "Lovely Day," thanked his mother, and soon thereafter declared, "I learned right here on these streets that you can’t make progress by dividing people." 

"I will be a president for all people in America," Booker went on to say in English, and also in Spanish, in what was perhaps a veiled jab at President Donald Trump and his anti-immigrant rhetoric.

Later, Booker said, "Unlike this president, I won't ignore, or give license to white supremacy." 

The New Jersey senator accused Trump of squandering "America's moral authority" and coddling dictators.

"We will no longer wait for America to stand up for justice around the world," he said.

As he wrapped up his speech, Booker urged the crowd to recognize the urgency of the times we live in. 

"America we know our history — it is perpetual testimony to impatient, demanding, unrelenting people who in every generation stand up for justice. Generations of Americans have shown us what was possible when they refused to wait. Now it's our turn. And we have work to do. America — we can’t wait. — we will not wait... Together, America, we will rise," Booker said, his voice rising as he delivered the final lines of his address. 

The crowd cheered and Booker walked off to "No Problem" by Chance the Rapper. After, he could be seen taking selfies and chatting with people in attendance, though most of the crowd quickly dissipated. 

Despite Booker's strong rhetoric, his campaign appears to be struggling to find itself. The New Jersey senator is way behind in the polls — the latest Morning Consult poll puts him in seventh place.

He's also getting crushed in fundraising. He raised $5 million in February and March, his campaign recently announced — far below other 2020 candidates like Sen. Sanders and Sen. Harris, who respectively raised about $18.2 million and $12 million in the same general period.

Despite starting off with a far stronger national profile, Booker is even getting outpaced in polling and fundraising by Mayor Pete Buttigieg of South Bend, Indiana.

It's still early in the 2020 race, and Booker's campaign could get a boost if he performs well in upcoming debates in Miami and Detroit. But, so far, his run for the White House has received a lukewarm response from Democratic voters.

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          8 signs you're holding a grudge even if you don't think you are      Comment   Translate Page      

iStock couple serious talk sad outside

  • Holding a grudge likely doesn't make you feel any better about what transpired, but sometimes it just happens.
  • And you may be holding a grudge even if you don't think that you are.
  • Feeling bitter, ignoring that person, getting angry about unrelated things, and thinking about them negatively are all signs you could still be holding a grudge.
  • Visit INSIDER.com for more stories.

Despite your best efforts, it's impossible not to be hurt or disappointed by loved ones at some point in your life.

But often the most challenging aspect of getting hurt is letting go of any lingering resentment after you forgive them. Sometimes, you may find that you're holding a grudge — even if you're doing so unintentionally.

Knowing what sorts of things might mean that you're holding a grudge, even if you don't think you are, can help you figure out a way to move forward.

You lost your cool over something unrelated

When you're holding a grudge, all sorts of things can cause you to get frustrated. Not only that, but you can find yourself taking advantage of any opportunity to let your voice be heard. And that means that sometimes you might get upset over things that really aren't related to what you're actually upset about.

"We may have a grudge towards someone but pretend like things are fine; until an unrelated issue sets us off," Connie L. Habash, a licensed marriage and family therapist and interfaith minister, told INSIDER. "Putting too much cream in the coffee or fighting over the TV remote can turn into a major blow-up due to the backlog of unresolved feelings in the relationship."

Thinking about what you're actually upset about — or why you had that reaction to something that's seemingly minor — can help you figure out what's actually at the root of the issue.

You're avoiding them

Frustrated upset millennial girl sitting alone at cafe table after conflict ignoring friends, young woman feeling jealous rejected offended thinking of bad relations with boyfriend in public place

"Often, we'll find ourselves avoiding someone that we have resentment or an unresolved issue with," Habash said. "We find great excuses to do a task in another room from our partner, become slow to return phone calls from a friend, or feel that we're just too busy to get together."

If you're upset with someone, even if you're not fully aware that you are, you may not want to spend a ton of time with them. It's understandable. But recognizing what's going on and talking things through with them can help you move on.

"If you find yourself avoiding someone you have previously been close to, reflect on what happened the last time you were together, or even further into the past," Habash said. "Consider talking about the problem so that you can feel comfortable with them again."

You still feel bitter

Holding onto feelings of resentment is a surefire way to tell that you're not over an issue. If you're unable to move forward without feeling embittered or angry when you think about the incident, then you're probably harboring a grudge.

"Moving on means choosing not to let the hurt and anger have power over you," Kevon Owen, M.S., LPC, a clinical psychotherapist, told INSIDER. "When the resentment persists, the grudge is still going strong."

When you think about them, your feelings are negative

businesswoman woman looking distant sad office

"The best way to tell if you're holding a grudge is to use your memory," Sal Raichbach, doctor of psychology at Ambrosia Treatment Center, told INSIDER. "Take a look at the feelings that arise immediately after you think about an old friend, a past co-worker or an ex. If your first reaction is negative, it's likely that there is an underlying reason that you feel that way, even if you can't recall what that reason is."

You might not always think that you're still upset with someone over a certain thing, but you very well could be. Thinking about what sorts of feelings a person or situation brings up can help you figure out what's really going on.

You're all about fairness or want to make sure that they see your side of things

If you're mostly concerned with the other person understanding where you were coming from and ensuring that they see your side of things, that's another potential sign that you might be holding a grudge.

"Resentment is the feeling we have been wronged by someone else and holding a grudge is the belief that we will feel better when we have shown the other person how angry we are," Carrie Krawiec, a licensed marriage and family therapist in Troy, Michigan, told INSIDER. "If we can hurt them like they have hurt us."

You might not think that's what you're doing, but it very well could be.

You feel nothing

couple disagreeing anger

Feeling indifferent to a person is another way that you might be able to tell that you're secretly harboring a grudge.

"Preventing yourself from feeling anything requires a lot of effort," Owen said. "Choosing to become emotionally detached and uninterested in someone you're trying to forgive. Why spend that much time and energy ... it's because there's still a grudge."

You cancel plans at the last minute

There are days that you just want to stay in rather than go anywhere — that's true for just about everyone. But if you feel like you need to (or want to) cancel plans with someone, you might want to reflect a bit more on the reason why.

"You might plan to get together with a friend or go out with your boyfriend, but then decide to cancel at the last minute, just because you don't feel right about it or aren't "up to it," Habash said. "The feeling that causes you to want to back out is likely a resentment lurking beneath the surface."

Thinking a bit more about what's going on can help you figure out if you're canceling plans because you truly want to stay in or because there's something else going on.

It's easy for you to get irritated with them

fighting couple

"Think about how much emotional threshold you have towards most people ... even annoying ones," Owen said. "Now compare that to how much emotional reserve you have towards someone you feel wronged you. It's less. It's a wound that's barely healed. Irritability towards someone you're working to forgive is a barrier to overcoming a grudge."

Talking through things with the person in question or working through things with the assistance of a trained professional can help you move forward, once and for all.

SEE ALSO: 13 little things that happy couples swear are the key to a great relationship

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          Which 'Game of Thrones' character you are, based on your zodiac sign      Comment   Translate Page      

game of thrones

  • The final season of "Game of Thrones" premieres on Sunday, April 14.
  • People of each zodiac sign might find that some characters relate to them more than others. 
  • Pisces are most like the empathetic Missandei and Jaime Lannister might just represent Geminis everywhere.
  • Visit INSIDER.com for more stories.

Editor's Note: Astrology is just for fun and is not supported by scientific evidence.

After eight long years, HBO's award-winning fantasy show "Game of Thrones" ("GOT") is finally coming to an end. And with the last season premiering on Sunday, April 14, there's a whole lot of theories about who will "win" the Iron Throne — and which characters will survive the presumably bloody series finale.

Ahead of the anticipated premiere, INSIDER spoke to Aliza Kelly, astrologer, writer, and host of Stars Like Us, to pair each zodiac sign with their respective "GOT" character. Since we don't know the actual zodiac sign of the characters, we opted to use their spirit and personality to best match them to each zodiac sign. 

From Daenerys Targaryen to Cersei Lannister, continue reading to discover which George R.R. Martin character best represents your star sign. 

Warning: Some minor spoilers ahead.

SEE ALSO: Everything we know so far about the 'Game of Thrones' prequels

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Aries align with the Mother of Dragons.

Ruled by Mars, Aries are natural-born leaders, just like the Dothraki queen. "As a new ruler, confident Daenerys makes emotionally-driven decisions, which captures the fiery impulsiveness of [an] Aries' spirit," said Kelly. 

Plus, if you want to be literal, Daenerys Targaryen is quite a fire sign considering she has survived being set ablaze multiple times. 



Taurus signs are known for being as loyal as Brienne of Tarth.

Like Brienne of Tarth, loyalty is a foundation on which Taurus signs build their reliable personalities.

Whether it's devoting their lives to protecting the Kings and Queens of the Seven Kingdoms or to learning a practical survival skill like swordsmanship, both Brienne and those under the bull sign make stability and practicality the forefront of their lives.

"Loyalty is extremely important to Brienne of Tarth, which reflects Taurus' steadfast nature," Kelly told INSIDER.

But, like Brienne of Tarth, that doesn't mean this sign is without their flirtatious sides. Ruled by Venus, Tauruses are always open to a whirlwind romance — here's looking to you, Brienne and Tormund Giantsbane.



Jaime Lannister might just represent Geminis everywhere.

A twin himself, Jaime Lannister is undoubtedly Gemini material. Like the air sign, this Lannister is restless, always hunting for the next adventure or battle in a faraway kingdom.

He has also proven his adaptability, learning how to fight with his non-dominant hand after the other was mercilessly chopped off.

"Gemini are known for duality and as we've watched Jamie Lannister progress over the seasons, we see Jaime's multidimensionality — a true reflection of Gemini energy," said Kelly. 

Geminis also crave excitement and, as loyal "GOT" fans know, Jaime's not above a little mischief.



See the rest of the story at INSIDER
          An IPO frenzy, 'irreconcilable' differences at Barclays, and Apple's $300 billion opportunity      Comment   Translate Page      

Dara Khosrowshahi

Hello!

The IPO market is picking up steam. Pinterest started its IPO roadshow on Monday, targeting a lower valuation than it achieved in its last private funding round. On Thursday, PagerDuty soared on its debut. And later that day, Uber filed for its own long-awaited listing. 

By some estimates, more than 100 tech unicorns could hit the public markets this year. We'll be keeping a close eye on the winners and losers over the coming months.

You can read all of our extensive coverage on the Uber IPO here, but here are some of the highlights. 

Elsewhere, Becky Peterson talked to one of PagerDuty's earliest investors about why he went big on the IT-management company,  and Rosalie Chan caught up with the CEO and CFO to talk about what's next.

And if in case you missed it, here's six tips from top wealth advisers about how this new wave of Silicon Valley millionaires should prepare for a sudden influx of cash

In related IPO news, electronic trading platform Tradeweb just went public at a $7.5 billion valuation. I caught up with Billy Hult, the company's president, to talk about the IPO process, electronic markets going mainstream, and what it means to be a public company.

What would you like this email to include? What have we missed? You can reach me at mturner@businessinsider.com.

—Matt

Quote of the week

"I'll say I am looking for a short-term futures guy with Python [coding abilities] and two years' experience, and once you narrow that down, there's really only like five or 10 guys out there that fit the bill." — Michael Graves, a hedge fund manager starting his own fund, on the battle for quant talent with Silicon Valley

In conversation

Finance and Investing

Tim Throsby sent an email to Barclays' CEO with the title 'irreconcilable.' He warned that a plan to gut compensation by 20% and boost profitability was unrealistic

Tim Throsby, a former JPMorgan banker hired by Barclays to much fanfare to run its investment bank, drafted an email over the weekend of March 23 to 24. By the time he got around to sending it to CEO Jes Staley, he was already out.

'It's good to be Rich': Meet the Goldman Sachs banker who has built a private investing empire that goes head-to-head with Blackstone

The Champagne was flowing in February 2018 when the Goldman Sachs executive Rich Friedman welcomed a couple hundred guests to the Rainbow Room.

A stock picker who's dominating 92% of his peers breaks down his market-beating strategy — and reveals 5 stocks he loves, even as earnings growth dries up

Jim Tierney can use a painful market crash every now and then.

Tech, Media, Telecoms

McDonald's, Nvidia and Salesforce all want a bite of the Tel Aviv tech crop. Here's what you need to know about Israel's bustling M&A scene

In late March, McDonald's announced its $300 million-plus acquisition of Dynamic Yield, an Israeli startup that uses algorithms to personalize shopping experiences to the individual.

2 senior execs at Thoma Bravo's Apttus, including the controversial head of revenue, have left without immediate replacements

The head of revenue at Apttus, an enterprise tech company that has been rocked by a series of controversies and executive turnover, has left the company without an immediate replacement, according to a memo obtained by Business Insider.

The upcoming 'battle for the home' pits Comcast against Amazon and Google — and the cable giant has one big advantage

The next "battle for the home" will revolve around home internet-of-things management, and the voice-control stalwarts Google and Amazon could face stiff competition from Comcast and Charter.

Healthcare, Retail, Transportation

Forget Amazon and Google. Apple could bring in $300 billion a year in healthcare, Morgan Stanley says

Apple has been edging its way into healthcare for years. Morgan Stanley says investors aren't taking the move seriously enough.

Creating a new drug takes a decade and costs a fortune. Investors have poured almost $1 billion into startups trying to change that

Making drugs is a notoriously slow and costly proposition.

Ikea exec reveals how opening a new kind of location will help it win in e-commerce

How does Ikea plan to adapt to the increasingly omnichannel world of retail? Well, the furniture-store chain's new planning studio in Manhattan may offer up some important clues.

Join the conversation about this story »

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          Facebook apologizes for going down for a couple of hours this morning      Comment   Translate Page      

facebook ceo mark zuckerberg

  • Facebook, Instagram, and Whatsapp were all affected by outages this morning, according to Downdetector.com.
  • The company apologized but gave no other details of what happened.
  • People complained about it on Twitter.
  • Asia and Europe were the hardest hit.

(Reuters) - Facebook Inc's social networking site was inaccessible to some users across the world on Sunday, according to Downdetector.com, a website which monitors outages. Whatsapp and Instagram, which are both owned by Facebook, were also the subject of reports from users that they were unavailable.

The outage tracking website showed that there are more than 9,000 incidents of people reporting issues with Facebook. 

By 8.30 am EDT the site still showed more than 4,700 reports from users unable to use the app. A heatmap of complaints showed the Philippines was heavily affected. Central and Eastern Europe were also affected, as was the Eastern Seaboard of the US.

facebook

The company told the BBC: "We're sorry for any inconvenience," but gave few other details.

Users took to Twitter to vent their frustration about it.

 

Separately, Downdetector.com also showed that there were issues with WhatsApp and Instagram, but with relatively lower count of outage reports.

Facebook had experienced one of its longest outages in March, when some users around the globe faced trouble accessing Facebook, Instagram and WhatsApp for over 24 hours.

 

(Reporting by Akshay Balan for Reuters in Bengaluru.)

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          I went to Coachella but I don't plan on going back — here's why it doesn't live up to the hype      Comment   Translate Page      

millennials coachella

Coachella is nothing if not an experience. From the iconic ferris wheel and stunning art installations to the sheer star power and celeb-filled shows, it seems like a pop culture lover's daydream. My experience was one I'll never forget (for a lot of reasons), but Coachella mostly didn't live up to my expectations. So much so that I don't think I would go back.

Don't get me wrong. Coachella had some of the coolest stage set-ups and live performances I've ever seen. Beyoncé was literal perfection and absolutely shook me to my core, but outside of its stellar lineup and ethereal and sunny landscape, the experience was less than perfect.

SEE ALSO: The wildest celebrity looks at Coachella

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The food and alcohol weren't good and were way too expensive.

When I first saw all the food options that Coachella was going to offer, I was pretty excited. They had everything from corndogs to ramen, but almost none of it lived up to the hype. It didn't help that a simple corndog cost $11 and $14 if you wanted a foot-long. By my estimation, that's $1 per bite. There were only two beer offerings by the larger stages with all the big acts, and even those cost $11 a pop.

Various tents on the festival grounds had different and unique drink options, but those weren't worth the higher price point, either. My friend ordered a sangria on the first day and said it tasted like Crystal Light and basil. She never went back.



You couldn't drink alcohol outside of small designated areas.

When I first learned you couldn't take beer out onto the larger festival grounds, I felt like a kid being scolded for drinking juice on the carpet. But after I thought about it for a while, I realized they were keeping the beer-drinkers quarantined in order to keep the stage areas clean.

This shouldn't have been something we learned after we arrived, though. Coachella sent multiple emails hyping the food and drinks over the weekend, but nowhere did we see that alcohol would only be allowed in designated areas.



The water filling stations were pitiful.

Our reusable water bottles found some use over the weekend, but they certainly weren't being used for their original purpose. On the first day of the festival, it took us nearly an hour to find the first water filling station. It was tiny, pushed to the back of the park, and was barely marked. With the water filling stations pushed to the remote corners of the grounds, it essentially forced the desert festival attendees to purchase water. A plastic water bottle cost $2, and I ended up buying water every day. 



See the rest of the story at INSIDER
          The top 7 shows on Netflix and other streaming services this week      Comment   Translate Page      

chilling adventures of sabrina

  • Every week, Parrot Analytics provides Business Insider the most in-demand original TV shows on streaming services.
  • This week sees "On My Block" beating out the competition and the return "Chilling Adventures of Sabrina" to the list. 
  • Visit BusinessInsider.com for more stories.

"On My Block" is catching on as a favorite among Netflix subscribers, even edging out mega-hits like "Stranger Things" and "The Umbrella Academy" this week. And Sabrina the Teenage Witch has returned with "Chilling Adventures of Sabrina Part 2."

Every week, Parrot Analytics provides Business Insider with a list of the seven most "in-demand" TV shows on streaming services. The data is based on "demand expressions," the globally standardized TV demand measurement unit from Parrot Analytics. Audience demand reflects the desire, engagement, and viewership weighted by importance, so a stream or download is a higher expression of demand than a "like" or comment on social media.

Below are this week's seven most popular original shows on Netflix and other streaming services:

7. "Titans" (DC Universe)

Average demand expressions: 32,241,482

Description: "TITANS follows young heroes from across the DC Universe as they come of age and find belonging in a gritty take on the classic Teen Titans franchise. Dick Grayson and Rachel Roth, a special young girl possessed by a strange darkness, get embroiled in a conspiracy that could bring Hell on Earth. Joining them along the way are the hot-headed Starfire and lovable Beast Boy. Together they become a surrogate family and team of heroes."

Rotten Tomatoes critic score (Season 1): 79%

What critics said: "Rejoice DC Fans you finally have the Batman you've always wanted to see. Only it's not Batman, it's Robin and he is kicking so much butt that I was giggling like a schoolgirl. It starts dark, but it looks like it's going to lighten up." — Michelle Alexandria, Eclipse Magazine

Season 1 premiered on DC Universe October 12. Season 2 premieres this fall.



6. "Chilling Adventures of Sabrina" (Netflix)

Average demand expressions: 33,448,015 

Description: "It's a wicked world out there, and Sabrina is brewing up trouble. After signing her name in the Book of the Beast, Sabrina struggles to find the balance between her place in the mortal world and her new darker side. New challenges await Sabrina in Part 2, including having to choose between the familiar mortal Harvey Kinkle, and the sexy warlock Nicholas Scratch. She may have signed her name to the Dark Lord, but that doesn't mean she isn't willing to raise a little hell. Starring Kiernan Shipka."

Rotten Tomatoes critic score (Part 2): 81%

What critics said: "Sabrina's battle plays out as something unfortunately all too familiar to any woman who's ever struggled for every step of progress while watching men blow off work and get rewarded." — Lisa Weidenfeld, AV Club

Part 2 premiered on Netflix April 5.



5. "The Act" (Hulu)

Average demand expressions: 40,848,474

Description: "The Act is a seasonal anthology series that tells startling, stranger-than-fiction true crime stories. Season One follows Gypsy Blanchard (Joey King), a girl trying to escape the toxic relationship she has with her overprotective mother, Dee Dee (Patricia Arquette). Her quest for independence opens a Pandora's box of secrets, one that ultimately leads to murder."

Rotten Tomatoes critic score (Season 1): 91%

What critics said: "A reminder that even when you think you know a great deal about true story, there can be value in retelling it." — Brian Tallerico, RogerEbert.com

Season 1 premiered on Hulu March 20.



See the rest of the story at INSIDER
          These 14 states want to get rid of the Electoral College and let the popular vote decide presidential elections      Comment   Translate Page      

voting vote election day

  • Since the 18th century, the United States has used the Electoral College, made up of 538 individual electors, to elect its presidents instead of going by the popular vote. 
  • The Electoral College has recently come under scrutiny after two presidents in the last 20 years won the Electoral College despite losing the national popular vote. 
  • 14 states and the District of Columbia have joined a movement to bypass the Electoral College and join the National Popular Vote Interstate Compact, in which member states pledge to give all their Electoral College votes to the winner of the popular vote.

  • Visit BusinessInsider.com for more stories.

Since the 18th century, the United States has used the Electoral College, made up of 538 individual electors from 50 states and the District of Columbia who vote on behalf of their states instead of the national popular vote, to elect its presidents.

Every state except Maine and Nebraska uses a "winner take all" system that pledges all the state's Electoral College votes to the candidate that earns more than 50% of the vote. A presidential candidate needs a majority of 270 Electoral College votes to win.

In the past 20 years, the "winner take all" structure of the Electoral College has come under scrutiny after Presidents George W. Bush and Donald Trump were elected by the Electoral College despite losing the popular vote. 

While supporters of the Electoral College, including 2020 presidential candidate Andrew Yang, say that it ensures smaller states get adequate representation and aren't ignored in national campaigns, its opponents argue the system has led to un-democratic outcomes.

Read more: You'll hear these 4 arguments in defense of the Electoral College — here's why they're wrong

Now, a growing number of Democratic presidential candidates have come out in favor of scrapping the institution.

A recent INSIDER poll found that 54% of Americans support electing the president by popular vote, with just 30% of respondents preferring the Electoral College. 

Since a change to the constitution to get rid of the Electoral College is highly unlikely, some states are taking matters into their own hands to try and bypass the system. 

Since 2007, 14 states and the District of Columbia have joined the National Popular Vote Interstate Compact, in which member states pledge to give all their Electoral College votes to the nationwide winner of the presidential popular vote — regardless of which candidate wins their own state. 

The states already in the compact hold a total of 189 electoral votes, a little over a third of the total Electoral College. The compact will formally go into effect and hold legal weight once states that hold a combined total of 270 Electoral College votes between them join it. 

Here are the states that are currently part of the compact: 

New Mexico became the most recent state to join the Compact in pledging to give its 5 electoral votes to the winner of the national popular vote in April 2019.

Source: USA Today



Colorado joined the compact in February 2019, and will give its 9 electoral votes to the popular vote winner.

Source: CNN



Delaware, home to potential 2020 contender Joe Biden, also joined the compact earlier in 2019. It has three Electoral College votes.

Source:Delaware Online



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          Sarah Huckabee Sanders says busing immigrants to 'sanctuary cities' is 'not our first choice,' but 'the president likes the idea'      Comment   Translate Page      

sarah huckabee sanders

  • Sarah Huckabee Sanders, the White House press secretary, said busing migrants to so-called "sanctuary cities" wouldn't be the administration's "first choice," but that President Donald Trump likes the idea.
  • Reports emerged last week that Trump had weighed the option as a way to punish Democratic lawmakers.
  • Homeland Security officials had reportedly pushed back against the plan, arguing it was inappropriate and legally dubious.
  • But Sanders argued Sunday that the plan would help alleviate the burden on border communities.
  • Visit BusinessInsider.com for more stories.

White House press secretary Sarah Huckabee Sanders said Sunday that the Trump administration is doing a "full and thorough and extensive review" to see if it's possible to begin busing immigrants to so-called "sanctuary cities."

The Washington Post reported last week that the White House had weighed the option as a way to punish Democratic lawmakers. The Post reported that the Trump administration shelved the idea after Homeland Security officials pushed back, arguing it was inappropriate and legally dubious.

But after the report emerged, President Donald Trump doubled down on the idea and tweeted that he was still strongly considering the plan and that it should make Democrats "very happy!"

"That was brought up at a staff level, and it was determined at that time that logistically there were a lot of challenges and it probably didn't make sense to move forward, and the idea did not go further," Sanders told ABC's George Stephanopoulos.

But she added that moving immigrants to sanctuary cities was "not the ideal situation," as Trump wants to prevent them from entering the country in the first place. A number of US mayors have pushed back against the insinuation that immigrants are dangerous criminals, and said immigrants are welcome in their cities.

Read more: Trump confirms he wants to release detained migrants into sanctuary cities as punishment for Democrats: 'This should make them very happy!'

 

"The president likes the idea, and Democrats have said they want these individuals into their communities. So let's see if it works and everybody gets a win out of it," she said. "Certainly this wouldn't be our first choice because, ideally, we wouldn't be dealing with a massive influx of illegal immigrants coming across the border."

Sanders added that bussing the migrants to such cities would also alleviate the burden on border communities and more evenly spread out the responsibility.

"Democrats have stated time and time again they support open borders, they support sanctuary cities," she said. "So let's spread out some of that burden and let's put it in some of those other locations if that's what they want to see happen and are refusing to actually help fix the problem."

The term "sanctuary cities" broadly refers to jurisdictions that limit their police departments' cooperation with federal immigration agents. The Trump administration has previously attempted to crack down on such areas by withholding federal grants, but courts have struck down those measures.

The Trump administration has faced backlash in recent weeks over reports that he tried to pressure his Homeland Security officials to violate the law in an effort to address the soaring numbers of migrant border-crossings in recent months.

CNN reported last week the Trump had told Border Patrol agents to block migrants from entering the US and seeking asylum, which they are legally entitled to do, and that he had told his then-Customs and Border Protection commissioner, Kevin McAleenan, that he would pardon McAleenan if he were jailed over preventing migrants from entering.

Sanders shot down such rumors on Sunday, saying Trump respects US laws.

"We're a country of laws and we have a president who supports that," Sanders said. "No one's trying to skirt the law."

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          After nearly 10 years of testing tools and apps to track my money, I keep coming back to an old-school system for 3 reasons      Comment   Translate Page      

laptop couch

  • After nearly 10 years of writing about money, Cheryl Lock has tested all kinds of tools and apps to track her finances.
  • No matter what, though, she finds a simple Excel spreadsheet fits her needs best for three reasons: It keeps her honest, it allows her to track multiple systems, and it allows for flexibility.
  • Visit BusinessInsider.com for more stories.

My days start and end with the most basic money management tool you’ll find — an Excel spreadsheet.

I’ve been a personal finance writer for about a decade now, and I’ve tested many fancy online tools and apps and resources. Still, despite all the latest helpful technology, I keep coming back to my trusty Excel document. Here’s why.

1. It keeps me honest

Although it’s tedious, as soon as I can after every purchase, I physically log it into my Excel document to keep a running total of my monthly credit card purchases against my overall budget. I categorize things with color blocks — yellow for purchases that will be paid out of my husband’s and my joint checking account, white for those I’ll cover out of my own funds, purple for my health insurance payment and other health-related items — and so on and so forth.

 

I know there are online tools that do this for you — allow you to set categories that the system automatically puts into buckets. I’ve used these, and what I found was that I was always double-checking the system for errors or switching the buckets around anyway. So I figured, why not cut out the middleman?

2. It’s the best way I’ve found to track my multiple systems

My elaborate Excel system actually includes multiple sheets which, yes, can get cumbersome. However, for a Type A dork like myself, I'm not bothered. I keep four Excel docs:

  1. One that tracks our monthly joint expenses against our budget
  2. One that tracks my own monthly credit card purchases against my own personal budget
  3. One that tracks the full year of expenses for which I’m solely responsible (versus what my husband pays for with his salary) against the income I plan to earn for each month (since I’m a freelancer, this can vary, but tracking it this way helps me set monthly goals)
  4. One that tracks what is currently in my checking account against the bills that will need to be paid in the near future

That’s a lot of documents, and I could probably consolidate somewhat, but I’ve used this system for years, and it works.

It takes me about 20 minutes each morning to check the Excel sheets against my checking and savings accounts to make sure everything looks accurate, and I usually close out the day by doing a quick five-minute check back, as well.

3. It allows for flexibility

As a freelancer, my income can be sporadic and varied. Some months are busier than others, and I often have to wait a while for checks to come in. Having a system that allows me to manually move things around as needed makes tracking much easier.

 

Budgeting and personal finance is all about finding the system that works best for you, the one that will best help you stay on track with your goals. I love that there are so many products available these days to help people better manage their money. However, if you feel like you’ve tried them all and you still haven’t found a system you love, allow me to suggest the simple Excel document. It just may surprise you.

Editorial Note: This content is not provided by Goldman Sachs.  Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by Goldman Sachs.

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          The 20 best 'Game of Thrones' episodes of all time, according to critics      Comment   Translate Page      

game of thrones

 

  • Rotten Tomatoes ranked all 67 "Game of Thrones" episodes.
  • Only one received a "rotten" rating.
  • The show averages a 94% critics rating for every episode.
  • This post contains spoilers for past seasons of "Game of Thrones."
  • Visit INSIDER.com for more stories.

 

 

"Game of Thrones" has always been beloved by both viewers and critics, and it's won more than its fair share of awards. According to Entertainment Weekly, it even set a record in 2016 for winning the most Emmys of any primetime show with a whopping 38 statues.

But as good as the show is overall, critics do have their favorite seasons and episodes. Rotten Tomatoes (RT) compiled a ranking of all 67 episodes in seasons one through seven.

It turns out Critics love this show so much that 22 of the episodes have a perfect 100% score. To break ties in the ranking, RT used the number of critics reviews. The number one episode, for example, has a whopping 63 perfect reviews. 

Read on for the ranking of the top 20 episodes, all scoring 100%. 

SEE ALSO: Everything we know about the final season of 'Game of Thrones'

FOLLOW US: INSIDER is on Facebook

20. The episode where Khal Drogo pours boiling gold over Viserys Targaryen's head was a hit.

When it happens: season one, episode six, "A Golden Crown."

What happens: Viserys Targaryen has just told Drogo that if he doesn't give him a way to win over the kingdoms, he'll kill Daenerys' unborn child. Drogo agrees to give Viserys the crown he wants, only in the form of molten gold, killing him almost instantly.

Sample critic review: "If I haven't been clear, 'Game of Thrones' is easily the most exciting show on TV right now." - Blair Marnell, CraveOnline



19. Ned Stark's beheading took critics by surprise.

When it happens: season one, episode nine, "Baelor."

What happens: Ned is made to swear allegiance to Joffrey in front of the King's Landing citizens. He does so, but Joffrey rescinds his promise of forgiveness and orders Ned's beheading.

Sample critic review: "Wha- what? Did they just- Really?! Oh my- you gotta be fu- WHAT?! Yes. They did. They really did it. And it was tragic and horrific and possibly unprecedented for a first-year TV show." - James Hibberd, Entertainment Weekly



18. Samwell Tarly's first episode made a splash.

When it happens: season one, episode four, "Cripples Bastards, and Broken Things."

What happens: Sam seems pretty unsuited for the physical/mental labors of being a Night's Watch member, and thus he's mocked by all of his peers. But this episode sets the stage for his deep friendship with Jon Snow, who is one of the only people nice to him.

Sample critic review: "This show is proving increasingly adept at marrying subtle character development with addictive wham-bam plotting which makes it near impossible to resist getting carried along for the ride." -Sarah Hughes, The Guardian



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          Millennials are building multimillion-dollar beauty empires on their massive Instagram and Snapchat followings, and it's disrupting a centuries-old industry      Comment   Translate Page      

selfie made millionaires and billionaires 4x3

  • From Rihanna to Emily Weiss, more young women are disrupting the beauty space with cosmetic lines that thrive on social media.
  • While millennials are leading the way with the industry's disruption, other generational outliers — notably 21-year-old Gen-Zer Kylie Jenner and 62-year-old Anastasia Soare — are also key players in the trend.
  • Over time, beauty industry marketing has evolved from word-of-mouth and traditional ad campaigns to Instagram tutorials and user-generated content, making it easier than ever to launch a new brand.
  • This has opened the door for celebrities and influencers to create their own beauty brands and sell them to their strong social media followings, transforming fanbase numbers into revenue.
  • This has given rise to a new generation of wealthy women, who sit on top of beauty empire fortunes they created with their own digital prowess.
  • Visit BusinessInsider.com for more stories.

Social media has minted a new type of money maker: the "selfie-made billionaire."

That's what Natalie Robehmed of Forbes dubbed Kylie Jenner, the world's youngest self-made billionaire ever. 

Jenner's $1 billion net worth comes largely from her eponymous cosmetics line, Kylie Cosmetics, which launched in 2015. Three years later, revenue was an estimated $360 million, the company worth $900 million, Robehmed reported. 

While Jenner may be one of the more extreme examples, she isn't an anomaly — a long history of women have accrued wealth by building beauty empires. The first female self-made millionaire, Madam CJ Walker, built her fortune off a line of hair care products she developed in 1905, according to Isis Madrid of Broadly. Beauty mavens Estée Lauder and Bobbi Brown started their brands decades before the millennium.

In 2018, Jenner was a newcomer to Forbes' richest self-made women list, along with Forbes' other "Instagram-savvy makeup moguls" — Anastasia Soare, Huda Kattan, and Kim Kardashian West, who all also have their own beauty lines.

Then there's Emily Weiss, founder and CEO of cult beauty brand Glossier. On March 19, the direct-to-consumer beauty brand hit unicorn status with new funding that put its value at $1.2 billion, reported Katie Roof and Yuliya Chernova of The Wall Street Journal

While these women aren't the first of their kind to build wealth by tapping into the beauty industry, they are part of a growing number of women who have successfully done so by leveraging social media. What's changed isn't the idea of starting a cosmetics line, but how millennials are disrupting the process in today's technological age while propelling fast company growth and amassing personal fortune.

Read more: Meet the 7 women who made Forbes' richest self-made women list for the first time, including almost-billionaire Kylie Jenner

Estée Lauder and Bobbi Brown got their start through word-of-mouth

"Getting a brand known has from the beginning involved word-of-mouth and getting attention from an influential journalist," Geoffrey Jones, a professor at Harvard Business School and author of the book "Beauty Imagined," told Business Insider.

Estee Lauder

Consider Estée Lauder: "She gave away 80 of her lipsticks as table gifts for a charity luncheon in the Waldorf-Astoria," Jones said. "The rich guests then walked over to the nearby Saks Fifth Avenue to ask for it."

In 1947, Lauder received her first major order for $800 worth of products from Saks. She grew her business with traditional print advertising and word-of-mouth campaigns, believing that women who liked her products would spread the word. In 2018, the company reported $13.68 billion in net sales and Bloomberg estimated the Lauder family to be worth $24.3 billion.

The beauty behemoth now has nearly 30 brands in its portfolio; in 1995, it acquired Bobbi Brown Cosmetics, making the line's namesake founder a millionaire, reported CNBC's Catherine Clifford

Bobbi Brown

Being bought by a big firm is a sign of success, Jones said. Bobbi Brown, who told Inc. she began the line with $10,000, also favored a word-of-mouth strategy. By talking to strangers and friends, she found a business partner, landed a mention in Glamour magazine, conducted market research, connected with a Bergdorf Goodman cosmetics buyer, and secured regular appearances on The Today Show, according to Clifford.

But that was before the disintegration of traditional distribution channels, which Jones said has happened over the past decade.

Anastasia Soare

Look no further than Soare's Anastasia of Beverly Hills line to see this shift in action. According to Forbes, it's one of the first beauty companies to use a successful social media strategy — but Soare didn't begin that way.

The aesthetician first became a celebrity favorite in the early 1990s for perfecting the eyebrow. In 2000, she took the traditional route, launching her first line of products in 20 Nordstrom stores, reported Forbes. But it didn't really take off until Soare took to Instagram in 2013 with a viral social media campaign, which helped land her products in Sephora.

Today, the company's Instagram has 19 million-plus followers, and the company has a Forbes estimated value of $1.5 billion. Soare herself is worth an estimated $1 billion, making her one of the world's richest self-made women.

Read more: This self-made billionaire built her fortune after fleeing communism in Romania in the 80s and building a salon beloved by Jennifer Lopez and Kim Kardashian

A shift to digital means brands can make the consumer an influencer

As Soare's success indicates, "Social media has become the new door-to-door," Jensen said, adding it "allows consumers to research, investigate, and gather information on everything from ingredients to brand values to see if they align to their own. The brands that use social media well are leveraging it to build a two way street of communication with their followers and because of that, they get buy-in to the brand."

Consider Weiss, who realized that social media was "transforming the way beauty products were talked about and bought," and intended to disrupt the industry, wrote Amy Larocca of The Cut, hailing her as the millennial Estée Lauder.

"There are a handful of beauty conglomerates, and it's difficult for them to innovate," Weiss, who uses social media as market research, previously told Business Insider. "Beauty has really gone online, because that's where the customer is."

In 2010, she launched the blog Into the Gloss. It soon became popular among beauty mavens, amassing 10 million page views per month, according to Alyssa Goacobbe of Entrepreneur — a solid platform on which to launch the first four Glossier products in 2014.

emily weiss glossier

Instead of aiming at wholesale, Weiss intended to crowdsource — through social-media platforms, affiliate sponsorships and links, and gossip, wrote Larocca. As Gaby Del Valle of Vox puts it, Glossier's success lies in treating its customers like influencers.

To market a new blush, Cloud Paint, Weiss hired makeup artists to use it on Oscar-attending celebrities and post the results on social media, Giacobbe wrote — regrams resulted in 1,700 user-generated images in one week; by one month, Instagram had 6,368 Cloud Paint images.

In a recent podcast interview, Weiss said that Instagram "has been an incredible tool to show a lot of user-generated content." 

While Weiss' net worth is unknown, the $1.2 billion value of Glossier says enough.

Read more: This beauty startup has become so popular that it has 10,000 people on a waitlist for lipstick

A social media following equals revenue for celebrities foraying into beauty

"Having a large social media following equates to sales," Jensen said.

A strong social media presence is so directly tied to revenue that it can lay the whole foundation for a beauty empire's success — those with stardom and a following already have a fanbase with built-in customers, and nowhere is that more visible than in Kylie Jenner's and Rihanna's respective beauty empires.

"It's the power of social media," Jenner told Robhemed. "I had such a strong reach before I was able to start anything."

Jenner launched Kylie Cosmetics to 50 million Instagram followers on her personal account, reported Sarah Grossbart for E! News. Nearly four years later, that number has more than doubled. "With more than 100 million Instagram devotees, she need only post a selfie touting her shade of the day and her young followers clamor to add it to their carts," Grossbart wrote.

kylie jenner

Dubbed "Cosmetics Queen" by Forbes, Jenner continues to push direct-to-consumer Kylie Cosmetics by sharing products, announcing launches, and previewing new items to her 175 million-plus followers across Snapchat, Instagram, Facebook, and Twitter, Robhemed reported

"I don’t pay for advertisements," Jenner told Fast Company. "I don’t do commercials. Social media is the only way I push it: Snapchat, Instagram."

She didn't sign her first distribution deal until three years later, with Ulta, which she pushed with her "usual social media," Jenner told Robhemed — it sold an estimated $54 million worth of products in the first six weeks.

Read more: How Kylie Jenner became the world's youngest self-made billionaire, from starring in a reality TV show at age 9 to running a $900 million cosmetics empire at 21

Similarly, Rihanna, who has an estimated $260 million net worth and nearly 69 million Instagram followers, launched Fenty Beauty at New York Fashion Week in 2017 — and she first alluded to with an Instagram teaser. In just one month, it made $72 million in earned media value (the potential value it would have earned if paid for all exposure on social media platforms), outpacing Kylie Cosmetics according to a Tribe Dynamics' Cosmetics report released by WWD.

rihanna fenty beauty

About 132 million people watched Fenty beauty tutorials in the first month of its launch, reported Janice Williams of Newsweek. Within its first 40 days, Fenty brought in $100 million in sales, according to Vogue.

"Fenty Beauty’s social media game has had a clear impact on its success," Williams wrote. "While Rihanna's social media handle flooded Twitter, Instagram, Snapchat, and YouTube with photos, videos and tutorials, millions of people used their own social media accounts to show off their products and offer testimonials."

In its first year alone, Fenty made $566 million, reported the Business of Fashion, citing an LVMH report — it took Estée Lauder 10 years to earn $500 million, according to WWD.

Read more: Rihanna is reportedly launching her own line with one of the biggest luxury companies in the world as her fashion empire continues to grow

Youtube creators translate their personalities into beauty brands

Not every beauty influencer is a celebrity — some gained notoriety because of YouTube or Instagram, and successfully translated their social media personalities into massive beauty brands and multimillion-dollar net worths.

Huda Kattan, called one of the most influential beauty bloggers in the world by The New York Times, began sharing makeup tutorials, how-to videos, and tips on Instagram and YouTube in 2010. Her following grew so much that when she launched synthetic and faux mink lashes in 2013, they sold out on her first day. Today, she has over 577 million Instagram followers between her personal and private accounts and 3.1 million YouTube subscribers.

Huda Kattan

Kattan told CNN Instagram was the turning point. "It was the catalyst that changed everything," she said. "It changed the dynamics in which people not only communicate but are inspired as well."

Retail sales for Huda Beauty hit $1.5 million the first year — revenue for 2018 was expected to be $300 million, according to ForbesForbes valued her company at $1 billion and Kattan herself worth $500 million, based largely on their "valuation of her stake in the company." 

It's a similar success story for influencer Michelle Phan, who got her start sharing beauty tutorials and guides on YouTube — 40,000 people watched her first video the first week; the now defunct channel has nearly 9 million subscribers.

Michelle Phan

Phan, reportedly worth $50 million, parlayed that success into the cosmetics industry with makeup subscription company Ipsy in 2011, valued at $800 million with more than 1.5 million subscribers just five years later, according to Yahoo. In 2013, she launched her own cosmetic line for L'Oreal called EM Cosmetics. 

"Influence is the new power — if you have influence you can create a brand," Phan told Forbes.

Beauty is booming

It's easy to see why more influencers and celebrities are entering the beauty space — and the effect they're creating when they do. The beauty industry has grown exponentially over the last three decades, Jones said. As of 2010, the beauty industry had global sales of $330 billion worldwide, according to "Beauty Imagined."

"In the past, luxury brands sold through department stores and mass brands sold through drugstores," Jones said. Now, though, "the whole market has fragmented, providing the opportunity for the launch of many new brands."

Over 1,000 beauty brands have entered the prestige market since 2015 because it's lucrative, healthy, and profitable, Larissa Jensen, beauty analyst at The NPD Group, told Business Insider.

It's also easier than ever before to create and launch a brand, Jennifer Walsh, co-founder of retailer Beauty Bar, consultant, and brand marketer, told Business Insider. And the power of digital has made it even easier to reach consumers.

"For decades, we had to rely on print media and TV to introduce a brand or products," she said. "Now, we can have our own channel online. If you have a great product, beautiful packaging, and are good at storytelling, you can truly get your message/product out to others quickly."

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          7 crimes that shook the world of retail      Comment   Translate Page      

Target

  • Retail crime is ubiquitous.
  • But some cases prove to be more eye-catching than others.
  • From an airport iPad heist to a one-woman jewelry thief, here are some standout cases of retail crime.

Retail crime is on the rise.

In 2018, the National Retail Federation estimated that losses from organized retail crime were at "an all time high." The organization estimated that this form of crime costs the industry $777,877 per $1 billion in sales.

Read more: 'Serial returners' are on the rise — and it's causing headaches for retailers like Walmart and Target

But some cases prove to be a bit more shocking than others.

Whether they involved sensational circumstances or a massive haul of millions of dollars, here are seven retail crimes that shook up the whole industry:

A couple was accused of robbing Safeway of $5 million.

ABC reported that Richard Remington and Angela Evans were accused of nicking $5 million worth of goods from different Oregon Safeway stores in 2011. Together, the couple was reportedly seen stealing on camera 178 times.

Cops arrested the pair after a store loss-prevention officer placed a tracking device on their car, according to the Oregonian.



A Stop & Shop owner was charged with using his store to launder millions.

Abduhl Sulaiman owned a Stop & Shop in Lexington, Kentucky, but in 2008 he was arrested on charges that he contributed to an illegal retail scheme.

Authorities concluded that Sulaiman also laundered money for a retail theft ring posing as a Kentucky business called Alpha Trading, according to the Lexington Herald Leader.

According to Retail Info Systems, Sulaiman laundered $60 million through his store.



Robbers made off with thousands of tablets at JFK.

Thieves reportedly made off with thousands of iPads using an airport forklift at John F. Kennedy Airport on November 12, 2012.

And it could have been an inside job. The New York Post reported that the FBI arrested a JFK employee after they learned he had allegedly made "suspicious inquiries to coworkers about the gadget shipment."

Complex reported that the heist scored robbers $1.9 million worth of iPad Minis.



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          Activists say Alphabet’s planned neighborhood in Toronto shows all the warning signs of Amazon HQ2-style breakup      Comment   Translate Page      

Sidewalk Toronto

  • Sidewalk Labs, the urban innovation arm of Google's parent company, Alphabet, plans to build a high-tech neighborhood along Toronto's Eastern Waterfront.
  • Local residents concerned about the company's plan to collect data in public spaces have waged an opposition campaign called Block Sidewalk, which is calling for an end to the project.  
  • The backlash is reminiscent of protests over Google's planned campus in Berlin and Amazon's proposed headquarters in New York City — both of which were abandoned before construction had even begun.  
  • The fate of these projects could provide a window into Alphabet's future in Toronto. 
  • Visit BusinessInsider.com for more stories.

Technology companies were once heralded as the world's greatest problem-solvers — the answer to our desire to move faster, design quicker, and communicate more often. Today, they're blamed for all manner of ills, from skyrocketing rents to privacy violations to income inequality. 

Before this deep distrust began to bubble up in our culture, it would have been hard to imagine any city saying no to a development led by tech giants such as Amazon or Google. But that's exactly what's happening in cities like Berlin, New York City, and Toronto, where citizens have begun to challenge the role of tech companies as city-builders. 

In October 2018, Google cancelled plans to build a 32,000-square-foot campus in Kreuzberg, Berlin, amid activists' fears that the campus would drive up rents and push low-income residents out of their neighborhoods.

Read more: There's a battle brewing over Google's $1 billion high-tech neighborhood, and it could have major privacy implications for cities

Three months later, Amazon made the stunning decision to walk away from its planned second headquarters in New York City, known as HQ2, following a similar resistance from local politicians, who banded together to oppose the new development. 

As the two projects fought to stay alive, Sidewalk Labs — the urban innovation arm of Google's parent company, Alphabet — was developing plans for a $1 billion high-tech neighborhood in Toronto.

That project is now facing a similar opposition from angry residents who have called for its demise. As the backlash gains momentum, it could force Sidewalk Labs to abandon or alter its vision. 

google berlin protests

Sidewalk Labs has a hazy vision for a new kind of neighborhood

Unlike the previous Amazon and Google developments, Sidewalk Labs isn't attempting to build a hub for its employees. The Alphabet subsidiary wants to construct an entirely new neighborhood in Toronto — basically a living lab for urban design —  from scratch. The real-life "SimCity," known as Quayside, will sit atop 12 acres of land along Toronto's Eastern Waterfront. 

The company says its goal is to "set new standards" for how cities are designed and built, but the bulk of its ideas, including heated roadways for driverless vehicles and underground sensors that measure things like air quality and noise, aren't exactly new. 

In December, the company released a draft of its site plan that shows a mixed-use development with both commercial space and "flexible" floors that include retail and community areas. The majority of the neighborhood will be dedicated to housing — around 2,500 units for an estimated 5,000 residents. About 20% of this housing is labeled "affordable," though the company doesn't refer to specific income brackets.

The plan highlights concepts such as "people-friendly" roads, "animated" ground floor spaces, and "exceptional" bicycle infrastructure. Buildings will be made of mass timber and rely on sustainable heat sources like solar panels and geothermal wells. The most futuristic design elements are robots that deliver mail and transport garbage through underground tunnels.

The company has yet to release its full master plan, which is supposed to be approved by its board of directors and development partner, Waterfront Toronto, by September 30.

Some Canadians have begun to question whether the opacity is intentional. "By the time we get to the plans, essentially the decision has been made," said surveillance expert David Murakami Wood, who teaches at Queen's University in Ontario. 

Murakami Wood described the neighborhood as an "empire of choice," where citizens' needs and desires are satisfied by, but also dependent on, Google technology. 

Some people are concerned that Quayside will violate their privacy

Around the same time that Amazon pulled out of New York City, Sidewalk Labs was enduring its own string of controversy. In February, the Toronto Star published leaked documents that showed the company's desire to fund a new light rail transit line in Toronto. In exchange, it would receive discounted property taxes and collect fees from developers that would normally go back to the city.

In a statement to The Canadian Press, Toronto city councilman Gord Perks said the leak was "confirmation of our worst fears." He then called upon Canada's national, provincial, and local governments to "halt the process with Google." 

Prior to the leak, Sidewalk Labs and Waterfront Toronto had already generated criticism for a lack of dialogue with community residents. Attendees of public meetings hosted by the two entities said each meeting started with a presentation that informed community members of existing plans rather than asking the public to help build ideas from scratch.

From the very first community meeting, "the public really didn’t have a say" said Melissa Goldstein, a Torontonian who's been vocally opposed to the project. Goldstein said Sidewalk Labs responded to her critiques by "gaslighting," or making her feel that her concerns weren't valid.

"Every time a criticism is made of what they're doing, they basically absorb that criticism, re-package it, and sell it back to us as if they'd always thought this all along," Murakami Wood told Business Insider. "It's very basic and very obvious, and yet people fall for it every time." 

Sidewalk Labs previously told Business Insider that their ideas have "evolved, developed, and benefited" from the public's response.

Toronto Sidewalk Labs

The struggle to achieve transparency over rudimentary plans has many locals, including tech workers and business execs, questioning the company's approach to privacy. 

By capturing the activity of residents through underground sensors, Sidewalk Labs would learn about certain daily movements and behaviors, like when a person is stopped at a traffic light or seated on a park bench. The company has pledged to make all of its public data anonymous, but it hasn't agreed to keep its data local.

Sidewalk Labs believes that its Quayside data can be governed under Canadian law without exclusively residing in the country. This would allow companies — and particularly startups — outside Canada to use the data for their own competitive agendas.

To see how a practice like this could play out, it's helpful to look at Facebook, which has been known to share users' contact information, calendars, friend lists, or private messages with companies like Apple, Spotify, and Netflix.

For the most part, this information has helped companies customize their user experiences and target new customers. But, in 2018, Facebook sold data on tens of millions of Americans to an English political consulting firm called Cambridge Analytica, which allegedly used this information to support Donald Trump's election in 2016. A year after the scandal broke, Facebook announced it would no longer provide third-party data services for targeted advertising.

Sidewalk Labs insists that the way to protect residents' personal information is to develop strong contracts and methods of encryption. 

The company has issued a lengthy proposal for an independent data trust that would hold it to the same standards as any other organization or government body. But the company also said there are no existing laws that determine ownership of this information, and few regulations that successfully protect it.

The trust, Murakami Wood said, is "a clearinghouse for other corporations to use that same data," which he said would be difficult to police outside Canada.

Residents are campaigning to 'Block Sidewalk'

Days before the data trust was announced, a technology expert on Waterfront Toronto's Digital Strategy Advisory Panel, Saadia Muzaffar, resigned over a lack of transparency. The panel, which formed in April 2018, focuses on guiding the fair and safe use of data technology in Quayside. Muzaffar was soon joined by one of the project's privacy experts, who was concerned that Sidewalk Labs wouldn't properly govern people's information. 

Their criticism has been echoed by Bianca Wylie, the co-founder of Tech Reset Canada, an organization that advocates for using technology to maximize the public good.

Back in October, Wylie questioned the need for Sidewalk Labs to collect personal information, worrying that it could be used to further its financial interests. At the time, she was still talking with Sidewalk Labs online and at public meetings. But when the leaked documents were published in the Toronto Star, she decided that the project had gone too far.

That was the "tipping point," she told Business Insider. 

Sidewalk Toronto

Wylie helped organize a campaign called Block Sidewalk along with 30 other locals, including Goldstein and Murakami Wood. The movement has since swelled to encompass hundreds of people with reservations about the project. 

"What we know about Sidewalk Labs is that they're accountable to their shareholders," Wylie told Business Insider. "If they'd read the room, they would [walk away]." 

As with Amazon HQ2, it's unclear how many residents actually oppose the development. A February poll conducted by the Toronto Region Board of Trade (TRBOT) showed that a slim majority of Torontonians were in favor of Quayside, but the poll was conducted prior to the leaked documents in the Toronto Star. As a trade organization, the TRBOT also stands to benefit from new development.

Goldstein said there's a lot less criticism of Google in Toronto than in other cities. One reason for this, she said, is that many residents associate Google with technologies that have improved their lives, such as Gmail and Google Maps. Though Toronto has its fair share of tech companies, it also hasn't witnessed the explosive tech takeover that widened inequality in US cities like Seattle, Washington, and San Francisco, California. 

Goldstein also believes many Toronto residents don't understand the project's details. 

"The vast majority have absolutely no idea what's going on," she told Business Insider. "It's hard to be opposed to something when you don't know anything about it."

There are similarities between Quayside and Amazon HQ2

In response to these criticisms, Sidewalk Labs pointed Business Insider to a recent editorial written by CEO and co-founder Dan Doctoroff.

"We weren't trying to do anything in secret — and none of what we are considering could ever happen without robust public discussion and approval processes — although we recognize that it might have seemed that way," Doctoroff wrote. "We aren't yet sure ourselves what commitments we are prepared to make." 

Dan Doctoroff

Doctoroff sees Sidewalk Labs as a "catalyst" for development along the Eastern Waterfront. But Block Sidewalk says the company is behaving like a government. 

Back when Amazon HQ2 was still headed to Queens, it was difficult to tell which priorities belonged to the tech giant and which belonged to New York City. The deal seemed to fulfill certain government wish-list items, like a slew of high-paying tech jobs and investments, but it also afforded Amazon nearly $3 billion in tax incentives.

The ongoing debate in Toronto raises similar questions about who's in charge. Sidewalk Labs has characterized its activity as executing the vision of Waterfront Toronto, a government agency, but Murakami Wood said Waterfront Toronto "seems intent on giving away control." As the public meetings went on, he said, Sidewalk Labs "showed nothing other than supreme arrogance" in pushing forward their own ideas without properly addressing residents' concerns.

According to Miguel Gamiño, New York City's former chief technology officer, development projects work best when local citizens are placed at the center of the conversation. Both Amazon HQ2 and Quayside, he said, would have benefited from more dialogue and better engagement between residents, government, and the private sector.

The project's future is uncertain

Wylie said the HQ2 debacle taught her how much it matters to speak up about local development practices. In the future, it might also provide a blueprint for how Torontonians could pressure Sidewalk Labs. 

When New York activists and politicians began opposing Amazon HQ2 last year, the company was forced to rethink its deal. In a statement announcing their change of heart, Amazon said that friction with local and state politicians prevented it from "go[ing] forward with the project we and many others envisioned in Long Island City." 

The same could happen to Quayside if Toronto's rallying cry becomes any louder. 

"If Sidewalk Labs looks like it's creating bad publicity for Alphabet as a whole, Alphabet will drop Sidewalk Labs," Murakami Wood told Business Insider.

Sidewalk Labs did not say whether this was a possibility, but a spokesperson recently told the Canadian Press that it "will be up to residents, Waterfront Toronto, and all three levels of government to decide" if the plan moves forward.

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          Watch the most iconic moment in Street Fighter history from a brand new angle      Comment   Translate Page      

Evo Moment 37 Street Fighter 3

  • Originally recorded at the Evo Championship Series in 2004, Evo Moment #37, or the Daigo Parry, is one of the most iconic clips in the history of competitive gaming.
  • Nearly 15 years later, new footage showing the match between Street Fighter legends Daigo Umehara and Justin Wong from a different angle has been uploaded to YouTube by Evo collaborator Mark Julio.
  • Visit BusinessInsider.com for more stories.
  •  

For thousands of gamers around the world, Evo Moment #37 or the Daigo Parry, is one of the most recognizable esports moments out there. Originally recorded at the EVO Championship Series in 2004, the clip shows Japanese fighting game legend Daigo Umehara making a dramatic comeback against one of America's strongest players, Justin Wong.

The original clip, which includes commentary and crowd footage, has been watched more than 100 million times through different uploads on YouTube.

For those who have never played "Street Fighter 3: 3rd Strike," the game lets players avoid damage by parrying attacks. Players have to tap forward on their controller 1/10th of a second before a move hits to parry correctly. If you mess up the timing, you get hit. In this clip, Daigo Umehara manages to parry 15 kicks in a row from Chun-Li, squeezing in a jump before the final parry so he can punish Wong with the hardest possible combo and steal the win.

Now, more than 14 years after the original match, Evo collaborator Mark Julio has uploaded footage of the full match from a new angle that captures even more of the intense crowd reaction.

Ironically, neither Daigo nor Justin Wong won the tournament that year. Japan's Kenji "KO" Obata took first while Daigo and Wong took second and third, respectively. But excitement surrounding the Daigo Parry helped "3rd Strike" cement its competitive legacy; players still host "3rd Strike" tournaments today alongside the most recent fighting games. Daigo and Wong both remain active within the competitive Street Fighter scene and have played each other in countless matches in the years since.

If you want to learn more about Evo Moment 37 and the competitive Street Fighter scene, check out this documentary from Kotaku.

 

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          Here are the biggest differences between Uber and Lyft, the two biggest ride-hailing apps (LYFT)      Comment   Translate Page      

Uber Lyft

The battle between Uber and Lyft is nothing new  — the two platforms are natural rivals, fighting to get one step ahead and get customers to ride with their service. Only expect that to intensify once Uber joins Lyft as a publicly-traded company. 

The differences between Uber and Lyft are minimal at this point, since the platforms are constantly mimicking each other's best assets — sort of like Snapchat and Instagram — to try to one-up each other.

However, there are a few key ways in which the two services differ, so be advised before you call your next ride. 

Here's how two of the most popular ride-hailing app, Uber and Lyft, compare:

The first thing you should know is that I live and work in New York City, so that's where I did all of my testing. Prices will vary depending on where you are in the world, as will which features and options you do and don't have available.



On their face, Uber and Lyft are not so different. Open up either app, plug in your address, and you can be in a car and en route to your destination in just a few minutes.



When choosing your destination, both apps give you options to save your home and work addresses for easy access. However, Uber lets you have additional "saved places," in case there's anywhere else you often go. Either way, your favorite places are a little harder to find on Lyft — they're at the bottom of the list of destination.



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          Bryson DeChambeau hit a rare hole-in-one on the Masters' 16th hole for the first ace of his life      Comment   Translate Page      

Bryson DeChambeau

Here is the shot, via CBS:

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          17 hot cars we can't wait to see at the 2019 New York Auto Show      Comment   Translate Page      

2020 Audi R8 2020

New York has long been one of the marquee events in the annual auto show calendar. It's also the first major US show to take place after the annual super fest that is the Geneva Motor Show. 

But don't you worry. There's still plenty of automotive hotness to go around.

Read more: 18 hot cars we can't wait to see at the 2019 Geneva Motor Show.

For over 115 years, the New York Auto Show has been one of the largest car shows in the US and a place for carmakers to see and be seen.

While there are fewer fanciful concept cars to be seen, New York is expected to be a hotbed for new production models ranging from family sedans and compact SUVs to luxury cars and supercars. 

Brands expected to make a splash includes Cadillac, Lincoln, Dodge, Ford, Audi, Mercedes, Acura, Hyundai, Subaru, Toyota, and Maserati. 

Read more: We drove an all-new $90,000 Range Rover Velar SUV to see if it has what it takes to challenge Mercedes and BMW. Here's the verdict.

The 2019 New York International Auto Show will be open to the public from April 19 to April 28 at the Javits Center.

Here's a quick rundown of some of the coolest and most important cars we expect to see at this year's show:

The major US auto brands will be out in force this year. Cadillac will officially introduce its new CT5 sedan at the show.



Lincoln is set to launch a new compact SUV called the Corsair.



Lincoln's parent company Ford will show off its new 2020 Escape compact crossover.



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          New York is raising subway fares this month. Here's a simple trick to get an extra month of savings.      Comment   Translate Page      

nyc metrocard subway machine

  • New York City is raising the price of a subway ride once again on April 29.  
  • 30-day unlimited MetroCards will rise to $127 from $121, and the bonus for pay-per-ride cards will disappear. 
  • New cards bought by April 21 will be valid through the end of May.
  • If your current unlimited cards expires after April 21 there's a simple trick for buying a new one and getting your remaining balance back. 

There's one thing above all else that remains constant in New York, and I don't mean the smells.

Subway fares are going up yet again.

On April 29th, the Metropolitan Transit Authority will nix a 5% bonus previously offered to customers buying pay-per-ride MetroCards, effectively raising the price of a single ride, depending on how much money you load onto the card.

The price of a monthly unlimited ride MetroCard, on the other hand, will also go up to $127 from $121. It's only about a 5% increase, but $6 isn't worthless — and could even buy a meal in some cases. What's more, most New Yorkers would love to not fork over any extra cash to the MTA than necessary.

Luckily, there's some brief respite, at least for a month.

According to the MTA's fact sheet on the fare increases, unlimited MetroCards bought before April 21 and activated by April 29 will be valid through May 28.

Already have a MetroCard that expires after those dates? Have no fear. That's where the MTA's MetroCard Balance Protection program comes in. If you purchased a 7-day or 30-day card with a credit or debit card at a subway vending machine, you can be refunded $8.50 or$4.04 for every day remaining on your 7-day or 30-day MetroCard, respectively.

You have to call the agency and wait on hold, which could take a while, depending on the volume of calls. But while that may not be as seamless as a web form might be, it's a small price to pay for getting some money back. 

More information about the program is available on the MTA's website here. More info on the fare increases can be found here.

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          A day in the life of Playboy's Playmate of the Year, who wakes up at 7:30 a.m., works out with a private trainer twice a week, and helps run a non-profit for women      Comment   Translate Page      

jordan emanuel playboy bunny

  • Jordan Emanuel is Playboy's 2019 Playmate of the Year.
  • She also works as a Playboy Bunny at the recently opened Playboy Club in New York City.
  • Emanuel wakes up at 7:30 a.m., does a 10-step skincare routine, works out with her personal trainer, and spends the day on modeling shoots and auditions or working at the non-profit for women she co-founded.
  • She starts her Playboy Bunny shift at the club at 7:30 p.m, but she gets there early because it takes at least 30 minutes to put on her Bunny costume.
  • Here's a look at her typical day, as told to Business Insider.
  • Visit BusinessInsider.com for more stories.

At New York City's Playboy Club, which opened in September 2018, 30 years after the last original club closed down, Playboy Bunnies in their iconic costumes and bunny ears serve drinks to patrons in a swanky lounge setting.

Jordan Emanuel is one of those Bunnies. She works at the Playboy Club on Tuesday nights and she's also Playboy's Playmate of the Year. Being a Playmate is a role that can entail appearing in the magazine, working special events, and acting as an ambassador for the brand.

Read more: A Playboy Bunny is not the same as a Playboy Playmate. Here are the 2 key differences.

But Emanuel's time is spent on much more than her Playboy work. When she's not working at the club as a Bunny, Emanuel's days are taken up by sessions with her personal trainer, modeling shoots and auditions, and working at the non-profit she co-founded, Women With Voices.

"What's great about everything that I do is that it doesn't necessarily require 100% of my time," Emanuel, 25, told Business Insider. 

"I genuinely just like the rotation of keeping it fresh and interacting with new people," she said.

Read more: The creative director of NYC's Playboy Club says he looks for 2 qualities when hiring a Playboy Bunny — and that one red flag will keep someone from getting the job

The Playboy Club's creative director, Richie Notar, told Business Insider in November that one of the main things he looks for when hiring a Playboy Bunny is someone who has something interesting going on in their lives outside the job.

"One of the things that I would like to do ... is focus on people that have something interesting outside of this," Notar said. "I want them to be interesting in different ways other than just bringing you a drink."

Emanuel certainly seems to fit the bill. Here's a look at a typical day in her life. 

Jordan Emanuel is Playboy's Playmate of the Year and a Playboy Bunny at the Playboy Club in New York City.



As a Playmate, she has appeared in the magazine and works special events. But that side of things doesn't take up much of her time at the moment. "As of now, it's more sporadic events and appearances," Emanuel said. "In November I did a video promoting voting and registering to vote."



In addition to her work with Playboy, Emanuel has been doing print and commercial modeling work for about two years.



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          The Uber IPO exposes how Saudi cash drives Silicon Valley innovation, and even the biggest tech companies can’t stop it      Comment   Translate Page      

Saudi Arabia Crown Prince Mohammed bin Salman

  • Uber's S-1 filing showed that Saudi Arabia's Public Investment Fund owns 5% of the company.
  • The Public Investment Fund is also a top investor in Softbank's gargantuan Vision Fund, which owns 16% of Uber — not to mention sizable stakes in companies like Slack, WeWork, and DoorDash. 
  • Saudi Arabia has been criticized for human rights abuses and repressive laws, so it's a problematic source of cash for Silicon Valley, which prides itself on changing the world.
  • But Silicon Valley is under attack like never before these days, and that's caused a cynical search for stability that seems to have made taking Saudi money a non-issue. 

Silicon Valley's relationship with an undemocratic regime that has a troubling human rights record is in the spotlight. 

President Donald Trump has spoken out about it. Lawmakers are debating ways to stop the flow of money and data between the two.

The adversary in this cross-border drama is China, which has raised alarm bells in the US as it bulks up its homegrown tech industry and arouses suspicion of spying and influence.

However, there's much less fuss about the cozy ties between another repressive foreign power and Silicon Valley. 

Saudi Arabia's presence in Silicon Valley is greater than it's ever been. 

That became especially clear on Thursday when Uber filed its IPO paperwork. We learned from the S-1 filing that the kingdom's Public Investment Fund owns 5.2% of the ride-sharing company. 

The figure might actually under-count Saudi Arabia's influence within Uber. Softbank, the Japanese tech conglomerate, owns a 16.3% stake in Uber through its Softbank Vision Fund. The biggest investor in the Vision Fund is Saudi Arabia, which contributed $45 billion of the fund's massive $100 billion bankroll

Mohammed bin Salman and Masayoshi Son SoftBank

The Vision Fund is Silicon Valley's undisputed kingmaker today, writing big checks and amassing stakes in high-flying startups such as WeWork, Slack, DoorDash and GM Cruise. That means Saudi cash is essentially funding much of Silicon Valley's innovation.

As the New York Times pointed out in October, this gusher of Saudi money is an inconvenient truth for an industry that prides itself on making the world a better place.

From space to augmented reality, Saudi cash is everywhere

Some basic facts about Saudi Arabia: It's a place where torture and arbitrary arrests are widespread, according to Amnesty International; a place where women are not allowed to travel abroad without the permission of a male "guardian." It's the leader of a coalition blamed for airstrikes in Yemen responsible for thousands of civilian deaths and injuries. 

And then there's the gruesome killing of Saudi dissident journalist Jamal Khashogghi, which, according to the CIA's initial conclusion, was ordered by Saudi Crown Prince Mohammed Bin Salman, the Wall Street Journal reported.

In other words, Saudi Arabia is antithetical to everything tech companies' altruistic mission statements claim to stand for.  

Saudi money may be more prevalent in tech now, but it's not new. Prince Alwaleed bin Talal was an early investor in Twitter, and at one point owned a stake larger than cofounder Jack Dorsey's. (Alwaleed was himself detained — in a Ritz Cartlon hotel — for three months in 2017 by his cousin Prince Mohammed, the current leader of the country).

And the Saudi Public Investment Fund is also a shareholder in Magic Leap, Tesla and Virgin Galactic, according to research firm CB Insights. Whether you're in augmented reality or outer space, there's no escaping Saudi money.

A 2018 Quartz article cites an estimate by research firm Quid that Saudi investors directly participated in tech investment rounds totalling at least $6.2 billion during the previous five years.

dara khosrowshahi fortune uber

Uber CEO Dara Khosrowshahi backed out of a conference organized by Prince Mohammed last year after the Khashogghi killing, as did now-former Google Cloud CEO Diane Greene. But for the most part, there's been little pushback among tech startups when it comes to accepting Saudi or Softbank money.

Uber's winds of change

So why is Silicon Valley okay with Saudi money? 

It's true that we live in a world that runs on oil — so drawing a moral line isn't easy when you're pumping gas into your car every day. 

Maybe the tech industry thinks it's bringing the winds of change.

After all, when Uber announced its Saudi investment in 2016, women weren't allowed to drive.

“Of course we think women should be allowed to drive,” Uber's Jill Hazelbaker told the New York Times at the time. “In the absence of that, we have been able to provide extraordinary mobility that didn’t exist before — and we’re incredibly proud of that.”

And two years later, change did happen when the ban on women driving was officially lifted.

Did Uber's presence in Saudi Arabia cause the change? It's impossible to say with certainty, but I'd wager not. 

Much more likely is that Prince Mohammed, looking for a way to burnish his credentials as a "reformer" when he rose to power in 2017, saw the controversial driving ban as an easy and expedient thing to jettison in exchange for goodwill.

The notion of working from the inside to bring about change has a long and not-so-great track record in tech. Think back to Google contorting itself into a pretzel to justify its introduction, and then withdrawal, of a search engine in China. When outrage recently erupted over Google's secret plans to make a new censored search app for China, the company didn't even try to justify itself with a "change from within" argument.

Tech businesses don't really want a revolution

You may ask, at this point, why more companies don't take a stand and turn down Saudi cash. 

The sad reality is that companies are more interested in preserving the status quo that their businesses are built on than in bringing about change; even the "disruptive" tech companies.

That's especially true today, as tech companies are under siege from all sides, blamed for disrupting our privacy, our elections and our children's attention spans. 

donald trump orb saudi arabia

Thinking differently is great marketing copy when it sells gadgets. But there's little upside in leading a revolution if it scares away customers. 

Look no further than Google's app store. Thanks to an app called Absher, Saudi men can direct where women travel, and receive alerts when women use a passport to leave Saudi Arabia. After Insider's Bill Bostock investigation into this wife-tracking app, US lawmakers demanded that Google remove Absher from its app store.

Google refused to pull the app. It argued that the app does not violate its terms of service.

Right now, the tech industry's terms of service are clear. Whether it's about policies, products or investors, the golden rule is stability. 

SEE ALSO: Uber can't decide whether cofounder Travis Kalanick is an asset or a liability, and it makes for an awkward but revealing IPO filing

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          Inside YouTuber Jeffree Star's incredible rise from teen MySpace star to a makeup mogul raking in millions      Comment   Translate Page      
Two angles facing left, which often indicate, "return to the beginning." Two angles facing right, which often indicate, "advance to the end." On Tuesday, Jeffree Star revealed in a YouTube videos that ...
          The Chipotle Challenger Series will give gamers a chance to win a year's worth of free burritos (CMG)      Comment   Translate Page      

chipotle

  • Chipotle has announced the Chipotle Challenger Series, an esports competition that will award the winners a year's worth of free food from the restaurant chain.
  • Chipotle will host the amateur competition in partnership with some of the biggest esports events in the country, but it's not clear exactly which games will be included as of yet.
  • Attendees at the DreamHack Dallas and DreamHack Atlanta events will be able to enter the tournaments, and Chipotle will sponsor VIP lounges with free food at several of upcoming events.
  • Visit BusinessInsider.com for more stories.

Chipotle is partnering with one of the biggest esports organizations in the world for a new tournament series starting in May. Gamers will have a chance to win a year's worth of free Chipotle, and the fast-casual restaurant will give away free burritos and Chipotle swag at events across the country.

The Chipotle Challenger Series is designed to give amateur fans at professional gaming events a chance to join the competition and prove their own skills in the world’s most popular games. The series will coincide with DreamHack Dallas from May 31 to June 2 and DreamHack Atlanta from November 15 to November 17.  All DreamHack attendees will be able to register at the event for a chance to win a free year of Chipotle, the Challenger Series trophy, and exclusive apparel.

It's not known which games will be featured as part of the event; the DreamHack events at large are known for hosting fighting game tournaments and competition around titles including "Counter-Strike: Global Offensive." 

“Our partnership with DreamHack allows Chipotle to become even more engrained in the esports community,” Chris Brandt, Chipotle's Chief Marketing Officer said in a statement. “This sponsorship provides the perfect platform to directly engage new and longtime loyal Chipotle fans on-site and online, and we are excited to recognize and reward possible up-and-coming talent in the space.”

Chipotle will also sponsor VIP guest areas at DreamHack and other upcoming esports events. The VIP areas will offer a lounge area for players and esports talent as well as free food. The partnership begins with a Chipotle-sponsored player lounge at ESEA's Rank S Combine at the MGM Grand Las Vegas from April 12 to April 14th. Chipotle will also provide a special VIP guest area at ESL's Intel Extreme Masters event in Chicago later this year.

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