How a college track athlete gained 40,000 Instagram followers and an Under Armour deal by posting banana bread recipes
Makenzie Steele is a Clemson track athlete who posts running and food content. She’s amassed around 60,000 followers across Instagram and TikTok. Steele has scored NIL deals with companies like Under Armour and Lululemon. Making NIL deals with big companies like Under Armour and Lululemon required Makenzie Steele to do two things: post consistently and…
How AI will change the job of the junior banker and raise the bar to entry
AI could improve the lives of investment bankers by taking on some tedious tasks. It could also make the field harder to break into and alter the skills required for entry. Deutsche Bank is testing tools that could reduce some junior banker tasks to seconds from days. It’s no secret that Wall Street’s newest bankers…
‘I don’t believe in fairy tales’: A veteran economist shares 10 overlooked reasons why the US economy is bound to contract, even as Wall Street bails on recession calls
Some top Wall Street firms have ditched their downturn predictions in recent months. But bearish economist David Rosenberg is sticking to his glass-half-empty thesis. Here are 10 reasons why Rosenberg isn’t buying into the hype about an economic expansion. For years, veteran economist David Rosenberg has warned that the US economy is on shaky ground.…
Silicon Valley fund Bessemer Venture Partners expands European investment team with hire of ex-SoftBank VP
Silicon Valley fund Bessemer Venture Partners has expanded its European investment team. Former SoftBank Vision Fund vice president Justina Chung has joined Bessemer’s London office. Chung told Insider there was a lot of opportunity for investors in European AI startups. Former SoftBank vice president Justina Chung has joined Silicon Valley fund Bessemer Venture Partners’ European…
I made $124,000 last year answering people’s questions about their antiques. Here’s how I turned my passion into a remote job that gave me financial freedom.
Nora Curl worked in the art world in New York before she moved to Pennsylvania to care for her mom. She started answering antiques questions on JustAnswer, where people can quiz experts. Curl shared how it works, how she made $124,000 from it last year, and why she loves it. This is an as-told-to essay…
Robinhood is cutting jobs, reorganizing teams, and focusing on credit cards to solve a shrinking user base, insiders say
Robinhood in June announced plans to acquire no-fee credit card startup X1 for $95 million. Insiders say credit cards are a new focus as Robinhood tries to address a shrinking user base. The company has had ongoing layoffs and is reorganizing internal teams as part of the pivot. According to insiders, Robinhood is laying off…
Amazon employees slam its Clubhouse-competing app in internal meeting following abrupt leadership change: ‘This place is becoming a circus’
Amazon’s Amp live radio team has a new leader. Amp employees expressed their frustration about leadership and direction of the business in questions submitted for an all-hands. Amp has been struggling to meet internal goals and fired half of its team last year. This week’s abrupt leadership change at Amazon’s Amp live radio division elicited…
Microsoft is cancelling experimental products like its Surface headphones to focus on investing in AI, insiders say
Microsoft introduced new Surface laptops on Thursday. Missing from the lineup were new editions of other familiar products, like the Surface Headphones. Microsoft is canceling the headphones and ending development of experimental devices to focus on AI. Some new editions of familiar products were missing when Microsoft unveiled new Surface laptops on Thursday. This is…
The Apple-Disney deal that could actually happen
Iger’s plans to remake Disney have rekindled talk of an Apple deal. With other tech giants reportedly circling ESPN, it’s more likely than ever that Apple could make a move for it. Experts lay out how an ESPN deal could work to Disney’s and Apple’s benefit. A year after returning to Disney as CEO for…
