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Nintendo slammed with new lawsuit that claims the company knowingly sold Switch controllers that were broken (NTDOY)

Businessinsider - Mon, 07/22/2019 - 22:38

  • Chimicles Schwartz Kriner & Donaldson-Smith, a firm that specializes in federal and state class-action lawsuits, filed a suit against Nintendo "for claims relating to alleged defects in the Joy-Con controllers" for the Switch console.
  • The lawsuit claims that the Switch's $80 Joy-Con controllers "contain a defect that can result in the joystick moving or activating on its own ('drifting') and manipulating game play without manual operation by the user."
  • Dozens of Nintendo Switch owners have complained about Joy-Con drift for months; the lawsuit alleges that Nintendo "fails to disclose the defect and routinely refuses to repair the joysticks without charge when the defect manifests."
  • The lawsuit cites over a dozen posts from online forums — dating back as early as 2017, the same year the Switch launched — where owners complained about the drifting issue and had to pay to replace them multiple times.
  • Switch owners in the lawsuit want Nintendo to "recover their out-of-pocket expenses related to repairs and/or replacement" of their Joy-Con," and and for the company to extend their warranty to cover the drifting issues.
  • Visit Business Insider's homepage for more stories.

If you own a Nintendo Switch, or know of someone who has one, there's a good chance you've heard of "Joy-Con drift."

Nintendo's quirky detachable controller for the Switch, the Joy-Con, seems to be vulnerable to an issue where it senses input even when there isn't any. This leads to an experience called "drift," where your character on the screen may move even when you're not touching the joystick. 

People have complained about Joy-Con drift dating back as far as 2017, the same year the Switch launched. But Nintendo has been silent on the issue.

While Nintendo says that it's aware of the issue, a new class-action lawsuit could bring it into the spotlight.

On Friday, national law firm Chimicles Schwartz Kriner & Donaldson-Smith (CSK&D) filed a class-action lawsuit against Nintendo and the "Joy-Con drift" issue, calling it a "defect." CSK&D is a firm that specializes in federal and state class-action lawsuits.

The firm alleges that Nintendo had "knowledge of its manufacturing defect," but "never disclosed this material defect to consumers" who continue to pay out of pocket whenever the issue manifests. The lawsuit alleges that Nintendo "fails to disclose the defect and routinely refuses to repair the joysticks without charge when the defect manifests."

(Keep in mind, Joy-Con are not cheap: They cost $80 for a single set, or $50 for an individual controller.)

Switch owners in the lawsuit want Nintendo to "recover their out-of-pocket expenses related to repairs and/or replacement" of their Joy-Con," and for the company to extend their warranty to cover the drifting issues.

The firm notes that many Switch owners have complained publicly about the Joy-Con drift issue. "Indeed, the internet is replete with examples of message boards and other websites where consumers have complained of the exact same Joy-Con defect," the lawsuit states. "Many consumers report experiencing drift on multiple Joy-Con controllers, including replacement controllers they purchased separately from their Switches."

The lawsuit includes over a dozen examples of Switch owners complaining about the drift issue on message boards and forums like Reddit — wondering how "drift" is caused, and how it can be fixed. At least one Business Insider employee has reported encountering a similar issue with several of their Joy-Con controllers. Many of those same owners mention that they had to buy multiple Joy-Con replacements, and even those units suffered from the same issue. 

Nintendo had "nothing to announce on this topic" of the lawsuit, but the company sent the following statement with regards to Joy-Con issues to Business Insider:

"At Nintendo, we take great pride in creating quality products and we are continuously making improvements to them. We are aware of recent reports that some Joy-Con controllers are not responding correctly. We want our consumers to have fun with Nintendo Switch, and if anything falls short of this goal we always encourage them to visit http://support.nintendo.com so we can help."

If your Switch is experiencing Joy-Con drift, you can head over to Nintendo's website to let their support staff help you out — or you could try your hand at fixing the issue yourself. Our friends over at iFixit made a guide for trouble-shooting your controller issues. There are also plenty of videos that offer suggestions for "drifting" Joy-Con: This video, embedded below, has over 550,000 views, suggesting this isn't an isolated issue.

You can read the full lawsuit right here, and if you're experiencing Joy-Con drift yourself and want to add your name to the class-action suit, you can sign up here.

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NOW WATCH: 5 things wrong with Apple's lightning cable

Categories: English

Udenrigsministeriet bekræfter: Danmark og Storbritannien drøfter situationen i Hormuzstrædet

DR Nyheder - Mon, 07/22/2019 - 22:36
Storbritannien vil have hjælp fra de europæiske lande, efter at Iran fredag beslaglagde en britisk olietanker i Hormuzstrædet.
Categories: Nyheder v/DR

A Wall Street analyst found that Microsoft's all-important cloud business just crossed a major milestone, and it could mean great things for investors (MSFT, AMZN, GOOG, IBM)

Businessinsider - Mon, 07/22/2019 - 22:02

  • A Wall Street analyst says Microsoft's strengthening cloud business should lead to better margins, and upgraded the stock from hold to buy.
  • The analysis was based on last week's Microsoft report when the tech giant's Intelligent Cloud business posted higher revenue than other key units for the first time ever. 
  • CFRA further found that Microsoft's overall cloud businesses — including Azure, Office 365, LinkedIn, GitHub, Bing, and Xbox Live — now appears to account for as much revenue as the tech titan's more traditional businesses. That's a key milestone for Microsoft, amid its cloud business. 
  • Click here for more BI Prime stories.

Microsoft's cloud business is getting stronger, which a Wall Street analyst expects to lead to better profit margins.

CFRA analyst John Freeman upgraded Microsoft to buy from hold citing the tech behemoth's "faster growing cloud businesses," which he projects to have better profit margins than its more traditional software products. 

"As revenue from these faster-growing cloud businesses begin swamping non-cloud revenue, margins will continue to improve," Freeman told clients in a note.

Microsoft posted results last week that highlighted a strengthening cloud business. In fact, the company said its Intelligent Cloud segment, which houses the Microsoft Azure cloud platform, recorded more revenue than the other two businesses, which are responsible for selling major Microsoft products like Office and Windows. That's the first time this has happened since those three business units were incepted in 2015. 

After emerging as a tech powerhouse mainly by selling software for PCs used by consumers and businesses, Microsoft recently pivoted to the enterprise cloud market. Last week's report showed that transition was clearly paying off.

In Freeman's analysis, Microsoft's report also suggested that its cloud businesses — including Azure, Office 365, LinkedIn, Bing, GitHub, and Xbox Live — are bringing in as much revenue as its more tradtional lines of business. That's a key milestone for the company amid its cloud transformation. 

Freeman said the company, for the first time, "generated as much revenue from running software in its own data centers...as it did from software licenses and upgrades, hardware and professional services."

Microsoft doesn't break out revenue figures for all of those lines of business. For instance, while Microsoft said that Azure revenue was up 64% from the same period of 2018, it doesn't give specific dollar amounts. That makes CFRA's analysis especially noteworthy  

Microsoft, whose valuation now tops $1 trillion making it the most valuable company inthe world, recently said its revenue for for fiscal 2019 rose 12%. It reported a gross margin of 69% — a figure that seems set to improve, by CFRA's analysis, as the company continues its march to the cloud. 

Freeman boosted his price target to $177 from $130 "based on increasing cloud migration success and greater realization of the operational leverage inherent in its cloud businesses."

Microsoft shares have jumped more than 35% this year and closed trading on Monday at $138.43. 

The Redmond, Washington-based company's dominant position in enterprise was reaffirmed Monday when analyst firm Gartner named Microsoft, together with Amazon and Google, among the three leaders in the infrastructure as a service market, a key arena in cloud computing. 

Amazon had the edge in the $25 billion public cloud market, with 46% market share, according to IDC's 2017 data. Microsoft was second with 11%, followed by IBM with 5.6%, Alibaba Group with 4.5% and Google with 3.3%.

The competition between Microsoft and Amazon recently escalated after they became the final contenders for the Pentagon's $10 billion contract to build the Joint Enterprise Defense Infrastructure, or JEDI, which is expected to be the biggest public cloud project ever. The Defense Department was expected to announce the winner next month, but President Trump's statement that he wanted more information on the contract process could delay the project. 

Got a tip about Microsoft or another tech company? Contact this reporter via email at bpimentel@businessinsider.com, message him on Twitter @benpimentel. You can also contact Business Insider securely via SecureDrop.

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NOW WATCH: What El Chapo is really like, according to the wife of one his closest henchman

Categories: English

No-deal Brexit in October could lead to 'severe downturn': Report

Al Jazeera - Mon, 07/22/2019 - 21:54
British think-tank says there is a 25 percent chance the country has already 'entered a technical recession'.
Categories: English

Beyond Meat, whose plant burgers can fool even die-hard meat lovers, is up 700% since its IPO. Early investors say it will change how we eat, but there are signs Wall Street's binge could end badly. (BYND)

Businessinsider - Mon, 07/22/2019 - 21:52

  • Beyond Meat's shares are up more than 675% since its IPO, giving it a market valuation of nearly $12 billion — or more than 100 times its sales over the last year.
  • That valuation implies that investors expect phenomenal growth for years to come.
  • Early investors say they saw its potential years ago.
  • But skeptics think Beyond Meat will struggle to meet such expectations, particularly with competition increasing.
  • Click here for more BI Prime stories.

Greg Bohlen knew early on that Beyond Meat could be big.

When he first met with the company in 2011 — two years after Ethan Brown founded it — Beyond Meat was little more than an idea and some university-developed technology for manufacturing simulated animal muscle. But the company touched on two of the big themes that make Bohlen excited when it comes to potential investments — transparency and efficiency.

Beyond Meat's process for making artificial meat was far more resource and energy efficient than the way cows or even chickens create muscle. And while consumers generally don't want to see what happens on a kill floor, they'd find nothing to offend them if they saw Beyond Meat's manufacturing process.

"I thought they'd change the world," said Bohlen, a managing general partner at Union Grove Venture Partners, which invested in Beyond Meat in its series B funding round in 2012. "And they are, for the better."

Bohlen's optimism is understandable. After all, he's on Beyond Meat's board, and he owns a 1% stake in the company. But he's not the only one bullish on the meat alternative product maker these days.

Beyond Meat's stock has soared

On its first day of trading in May, Beyond Meat's stock nearly tripled its $25 initial public offering price. Fewer than seven weeks later, it was trading at more than $200 a share. Although it's fallen off since then, it spiked again on Monday, leaving the shares up nearly 700% since the company's IPO.

Read this: Beyond Meat is up more than 500% since going public — and new data suggests the company's sales are living up to the hype

That's given Beyond Meat a market capitalization of almost $12 billion. That figure means that public investors are ignoring the company's nearly $31 million in losses over the last year and valuing the alternative meat maker at 103 times its revenues over the same period — or 57 times its expected sales this year. Whichever way you look it, that's a heady valuation — and one that implies investors expect it to post super-charged growth for years to come.

The challenge Beyond Meat will face in meeting those expectations has spurred skeptics to start speaking out. Of the seven financial analysts who had ratings on its stock earlier this month, none considered it a buy and one, Erlan Abdikarimov, of Kazakhstan-based Freedom Finance, already had a sell rating. Wall Street analysts rate few stocks as "sells," and are typically even more reluctant to put such a label on new issues.

The rise in Beyond Meat's stock price "was fueled by very bold expectations, the likelihood of which is not obvious," Abdikarimov said in an email.

In June, JPMorgan, one of the lead underwriters of Beyond Meat's IPO and the only firm that rated the stock a "buy," downgraded the fake-meat maker to a "neutral" rating. The downgrade was purely due to valuation because the stock's rally meant it was trading well above its analysts' price target, JPMorgan said.  

A Beyond Meat representative declined to comment, saying that the company was in a quiet period.

The meatless meat industry has plenty of potential

Whether or not Wall Street has gotten ahead of itself, Beyond Meat clearly has big potential. In the United States alone, consumers bought $78 billion worth of raw meat in 2018, according to market research firm Euromonitor. Other researchers have estimated that total global meat industry sales – including purchases by restaurants, schools, and other institutions — are in the trillions of dollars each year. Even if only a small portion of meat purchasers started buying Beyond Meat's burgers and other products instead, the company could see billions of dollars in sales.

There's reason to think that's more than just a pipe dream. Last year, US consumers bought $1.4 billion worth of meat substitute goods at retail, according to Euromonitor, mostly in the form of established products, such as tofu burgers and the like. Worldwide, such products were even more popular, garnering nearly $19 billion in retail sales.

That's still a small portion of the overall meat market, but the new generation of meat substitutes such as those from Beyond Meat and competitors such as Impossible Foods could help such products attract a much larger audience. Compared with their earlier predecessors, Beyond Burgers and Impossible Burgers do a much better job of simulating the taste, texture, and eating experience of meat.

The burgers, which, in Beyond's case, are made from ingredients including peas, mung beans, rice, and beets, bleed and brown like real ground beef. The latest Beyond Burgers are also designed to simulate the marbling found in real meat; instead of coming from bits of animal fat, the white, savory spaces are made from coconut oil and cocoa butter.

In addition to offering products that taste more like the real thing, the new purveyors of meat alternatives have also started to gain wide distribution for their products. Consumers can find Beyond's burgers, sausages, and taco meat in Whole Foods, Kroger, and Safeway grocery stores. They can buy alternative meat burgers from Beyond or Impossible at chains including Red Robin, Burger King, TGI Fridays, and Carl's Jr., as well as at many smaller, local restaurants. Few of these outlets ever offered a tofu burger or anything like it.

Such factors are "making it easier for people to jump into these things," said Dewey Warner, a food-industry analyst at Euromonitor. "It's easier to bring people into the fold," he continued, "when you have more attractive, better tasting items."

Beyond Meat is following the path of plant-based milks

Beyond Meat is also likely to benefit from the trend of people limiting their intake of meat and other animal products, Warner said. For health or environmental reasons, a growing number of consumers have cut back on their meat consumption, even if they haven't become full-on vegans or vegetarians, he said.

The milk and dairy industry could offer a preview of what's to come, he said. Milk consumption in the US has been declining for years, in part due to health and environmental reasons, according to data from the US Department of Agriculture. Meanwhile, sales of plant-based alternative milks, such as those made from soy, rice, and oats, have been booming and now represent more than 10% of the sales of traditional dairy milk, according to figures from Grand View Research and Dairy Farmers of America.

Sales of plant-based milks have "become, definitely, a significant part of the market," Warner said. The big question, he continued, "is whether and when plant-based meat substitutes might achieve a similar status."

Beyond Meat's early results suggest that could happen sooner than many people realize. The company's sales more than doubled in 2017 from 2016 and grew even faster last year, jumping by a whopping 170% to $88 million.

Company officials are projecting its sales will again more than double this year, rising to more than $210 million. Beyond Meat was well on its way to achieving those results in the first quarter, when its sales more than tripled from the same period a year earlier to $40 million. Helping boost its sales, the company not only revamped its burger this year, but broadened its lineup in 2017 to include simulated sausages. It's also benefited from Brown's insistence that grocery stores sell its products alongside real meat.

"Ethan's stubborn drive to make sure the Beyond Burger was sold in the meat section of US supermarkets turned out to be transformative for the business," said James Joaquin, a managing director of Obvious Ventures, in an email.

Like Bohlen, Obvious saw Beyond Meat's potential early on. Through their Obvious Group company, Twitter founders Ev Williams and Biz Stone, invested in the startup in 2012. Williams' subsequently launched Obvious Ventures made further investments in Beyond Meat.

What prompted Williams and Stone's initial investment was the belief that factory farming of animals was unsustainable and that, as a result, people would reduce their consumption of meat, Joaquin said.

That thesis "still holds true today," he said. "The founding team's vision perfectly aligned with our ... thesis: fund startups that combine profit and purpose to reimagine huge categories."

JPMorgan estimates that Beyond Meat's revenue could reach $5 billion in 15 years, with plant-based meat alternatives from Beyond Meat and other companies capturing a 10% share of the overall meat market.

The company faces a big challenge and increased competition

Still, for all the potential of the alternative meat industry and its business in particular, Beyond Meat faces an enormous challenge in meeting Wall Street's sky-high expectations. And it's not at all clear that it will be able to do it.

While some consumers, particularly in more liberal, urban markets, have been cutting back on their meat and dairy consumption, the company could find a less receptive audience in other, more conservative parts of the country, said Euromonitor's Warner. In rural or less affluent areas, many people see nothing wrong with eating beef or chicken and may be turned off by the idea of eating something that's artificial, he said.

"They're just not sold on it yet," he said.

Another turn off for some consumers could be the price. In the supermarket, Beyond's burgers cost more than — sometimes even twice as much as — regular ground beef patties.

Selection, too, could limit sales. For now, Beyond only offers patties, taco meat, packages of ground beef substitute, and its sausages. It used to offer simulated chicken strips, but doesn't sell them any more. Consumers also won't be able to find anything simulating a ribeye steak or stew meat, much less pork or lamb alternatives.

What's more, Beyond Meat already faces significant and growing competition. Impossible Foods has raised $777 million, including a $300 financing round in May. Its burgers are on the menu at Burger King, the company plans to start offering its products in grocery stores later this year.

Food giant Nestlé announced last month that it will offer a plant-based burger starting this fall. Days later, Tyson Foods, another industry behemoth, announced it will start offering meatless chicken nuggets this summer and this fall will introduce burgers that include both meat and non-meat ingredients.

Beyond Meat's stock fell following both announcements, indicating that even bullish investors recognize that such developments could limit its prospects.

Those kinds of considerations are what led to Abdikarimov's sell rating.

"The market ... underestimates the potential competition in the synthetic meat segment from large players," he said. It also, he continued, "overestimates the scale of penetration of synthetic meat consumption in society."

For his part, Bohlen thinks such concerns are overblown. The meat market is so large — and the potential market for alternative meat products likewise — that there's more than enough room for multiple players to participate and do well, he said. And Brown and his team at Beyond Meat have shown that they are determined to keep improving their company and product, he said.

To him, the Beyond Meat's stock price simply reflects its huge potential.

"I think people, for maybe the first time in public markets history, saw a company that was both deeply convicted and a market where the world was crying for change," Bohlen said. "And it delivered that change in a way that continuously surprises."

Got a tip about Beyond Meat or another startup? Contact this reporter via email at twolverton@businessinsider.com, message him on Twitter @troywolv, or send him a secure message through Signal at 415.515.5594. You can also contact Business Insider securely via SecureDrop.

SEE ALSO: Here's the pitch deck a Montreal startup used to raise $2 million to get the word out about its AI-powered chatbot after funding it themselves for two years

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NOW WATCH: Here's why phone companies like Verizon and AT&T charge more for extra data

Categories: English

What's the best way to stay awake in meetings?

BBC News - World - Mon, 07/22/2019 - 21:40
Most of us have experienced meeting-induced drowsiness - here are six tips to beating it.
Categories: English

Macron: EU countries agree to new migrant and refugee mechanism

Al Jazeera - Mon, 07/22/2019 - 21:40
French President Macron says 14 EU states sign up to 'mechanism' for allocating migrants and refugees across the bloc.
Categories: English

Has Rodrigo Duterte delivered on his promises?

Al Jazeera - Mon, 07/22/2019 - 21:38
The Philippines president calls for death penalty as part of his crackdown on drugs.
Categories: English

Marvel's big movie and TV reveal this weekend was only a taste of its plan to dominate for years to come

Businessinsider - Mon, 07/22/2019 - 21:33

  • Marvel Studios revealed its full movie and TV slate for the next two years at San Diego Comic-Con on Saturday, but the Marvel Cinematic Universe's future beyond 2021 could be even bigger.
  • "Patience comes to mind when you think of Marvel," the Comscore senior media analyst Paul Dergarabedian told Business Insider. "Marvel's strategies are thought out in terms of decades, not years."
  • Besides "Phase Four," Marvel has three release dates set for yet-to-be-titled movies in 2022, and anticipated sequels to "Black Panther," "Captain Marvel," and "Guardians of the Galaxy" are in the works.
  • Marvel Studios president Kevin Feige confirmed that Mahershala Ali's "Blade" reboot is not part of Phase Four.
  • The X-Men and Fantastic Four will also eventually be introduced to the MCU now that Disney owns the former Fox properties.
  • Visit Business Insider's homepage for more stories.

The Marvel Cinematic Universe will dominate pop culture and the box office long after "Avengers: Endgame" — and even after its dynamic next wave of titles.

Marvel Studios revealed its movie and TV show slate for the next two years at San Diego Comic-Con on Saturday, which it called "Phase Four." It included anticipated sequels such as "Thor: Love and Thunder," Disney Plus TV series starring fan-favorite characters like Tom Hiddleston's "Loki," and the unexpected introduction of actor Mahershala Ali to the MCU as the vampire hunter Blade.

READ MORE: 'Avengers: Endgame' is expected to pass 'Avatar' as the biggest movie of all time at the global box office

But Marvel still has plenty of surprises up its sleeve, and the MCU's future beyond Phase Four could be even bigger than what it revealed Saturday. Marvel Studios has three release dates already set for 2022, which weren't part of Saturday's Comic-Con panel: February 18, May 6, and July 29.

"Everything Marvel does is so well thought out, planned to the nth degree, and strategically complex, and the Comic-Con announcements are no exception," the Comscore senior media analyst Paul Dergarabedian told Business Insider. "Patience comes to mind when you think of Marvel. Marvel's  strategies are thought out in terms of decades, not years."

James Gunn is directing "Guardians 3" once he finishes Warner Bros. and DC's "The Suicide Squad," which comes to theaters in 2021. Gunn's first two "Guardians" movies made a combined $1.6 billion worldwide. Ryan Coogler is returning to direct a sequel to "Black Panther," which earned $1.3 billion worldwide last year.

Marvel Studios president Kevin Feige acknowledged at Comic-Con that a "Captain Marvel" sequel will happen, which is no surprise given that the movie also grossed over $1 billion.

Feige told Collider that Ali's "Blade" is not part of Phase Four, so it will arrive after 2021.

READ MORE: The Marvel Cinematic Universe will enter an uncertain era after 'Avengers: Endgame,' but experts see a path for it to dominate another decade of pop culture

And then there's the X-Men and Fantastic Four, which Disney owns the film rights to after the Fox merger. Feige also acknowledged at Comic-Con that they would be in the MCU's future.

"Whatever we do will be quite different than what's been done before," Feige said of the X-Men.

"I'm extremely excited about those characters, and about bringing Marvel's 'first family' [Fantastic Four] up to the platform and level that they deserve," he told Variety. When asked by Variety whether he's anywhere near to revealing story and casting details, Feige said "no," further signaling that Marvel Studios isn't in any rush to reboot the property. The same could likely be said for the X-Men.

"I think there's a strong argument to be made that the longer the wait, the more anticipation there will be for it," the Boxoffice.com chief analyst Shawn Robbins told Business Insider in April. "It gives these other Fox versions time to settle."

Fans have plenty to look forward to in the franchise's future, and it could continue its unparalleled success for years to come.

"When it comes to Marvel, their style of revealing less and delivering more is a great one, no mater how tough it is on the true fans for whom every piece of information is like a nugget of gold," Dergarabedian said.

SEE ALSO: How Amazon's new superhero TV show, 'The Boys,' was shaped by Trump, Me Too, and 'sweet, sweet Bezos money'

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NOW WATCH: Tobey Maguire's 'Spider-Man' is a classic, even though it's one of the more under-appreciated superhero films

Categories: English

Five things to know about Hong Kong's masked mob

Al Jazeera - Mon, 07/22/2019 - 21:25
Shadowy group wielding rudimentary weapons injures dozens in Hong Kong as protests continue to rock the city.
Categories: English

Robinhood, the no-fee stock trading app, just announced a giant-size $323 million round of funding, making it worth over $7 billion

Businessinsider - Mon, 07/22/2019 - 21:25

  • The no-fee stock trading app, Robinhood, announced on Monday that it has raised a $323 million Series E round, moving the startup's valuation to $7.6 billion. 
  • Before this funding, Robinhood had been valued at $5.6 billion, as of a $363 million raise in May 2018.
  • The mega-round comes after Robinhood's major roadbump last December, when the company had to walk back the launch of its high-yield checking and savings accounts within a day of its initial anouncement.
  • As Business Insider earlier reported, the botched launch resulted from Robinhood never contacting the proper authorities to ensure the accounts would indeed be insured — a decision multiple sources told us was a deliberate one. 
  • Visit Business Insider's homepage for more stories.

The no-fee stock trading app Robinhood announced on Monday that it has raised a $323 million Series E round, moving the startup's valuation to $7.6 billion. 

Before this round, Robinhood had been valued at $5.6 billion, after a $363 million raise in May 2018.  

The mega-round — which confirms a May report by The Information that the fintech startup was securing more funding — was led by DST, with participation from Ribbit Capital, NEA, Sequoia and Thrive Capital.

Robinhoood may also be planning to raise another round soon, according to The Information, which would potentially balloon the Palo Alto-based startup's valuation to $10 billion.

Robinhood's user numbers reached 6 million by the end of 2018. However, its growth, and its booming valuation, has also introduced new challenges. 

Read more: The inside story of how Robinhood, a $6 billion investing app for millennials, blew a huge launch so badly that Congress got involved

Notably, last December, the company was forced to walk back the launch of its high-yield checking and savings account within a day of its initial anouncement. As Business Insider earlier reported, the botched launch resulted from Robinhood never contacting the proper authorities to ensure the accounts would indeed be insured — a decision multiple sources told us was a deliberate one. 

SEE ALSO: 5 takeaways from Business Insider's investigation into Robinhood's botched foray into checking and savings

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NOW WATCH: Jeff Bezos is worth over $160 billion — here's how the world's richest man makes and spends his money

Categories: English

Ronaldo will not face charges over alleged rape

BBC News - World - Mon, 07/22/2019 - 21:22
A claim that the footballer assaulted a woman in 2009 cannot be proven, Las Vegas prosecutors say.
Categories: English

Trump wants Pakistan to help 'extricate' US from Afghanistan

Al Jazeera - Mon, 07/22/2019 - 21:21
Donald Trump hints at possible restoration of $1.3bn US aid to Pakistan during his meeting with PM Imran Khan.
Categories: English

Marvel's 'Shang-Chi' movie could be another huge win for Disney at the Chinese box office, and shows the MCU's focus on diversity

Businessinsider - Mon, 07/22/2019 - 21:19

  • Marvel movies dominate in China, where "Avengers: Endgame" grossed more in a week than Disney's "Star Wars" movies did combined.
  • Marvel Studios announced "Shang-Chi and the Legend of the Ten Rings" at San Diego Comic Con on Saturday, starring the Marvel Cinematic Universe's first Asian superhero to headline their own movie.
  • "As part of Marvel's strategy, 'Shang-Chi' is a perfect reflection of the studio's diversity-embracing world view," Dergarabedian said.
  • China is projected to surpass the US as the world's biggest theatrical market by 2022, according to a November report by Ampere Analysis.
  • Visit Business Insider's homepage for more stories.

The Marvel Cinematic Universe has no problem dominating the box office across the globe, and it's Disney's most valuable property in a rapidly growing theatrical market: China. 

"As the second biggest movie market in the world, China represents a land of opportunity," the Comscore senior media analyst Paul Dergarabedian told Business Insider. 

"Shang-Chi and the Legend of the Ten Rings" was one of the projects announced for the next two years at Marvel Studios' San Diego Comic-Con panel on Saturday. Simu Liu, a Canadian actor born in China, will portray the title character, who is known in the comics as the "master of king-fu" and is the first Asian superhero to headline a Marvel movie. 

READ MORE: Marvel will continue to dominate with its next wave of movies and TV shows, but 'Phase 5' could be even bigger

Marvel is already huge in China, where "Avengers: Endgame" grossed more in a week than all of Disney's "Star Wars" movies since 2015's "The Force Awakens" did combined. "Spider-Man: Far From Home" has earned $192 million there.

"Shang-Chi" could further reflect the franchise's popularity in the region, which is projected to surpass the US as the world's box-office leader by 2022, according to a November report by Ampere Analysis.

 "As part of Marvel's strategy, 'Shang-Chi' is a perfect reflection of the studio's diversity-embracing world view," Dergarabedian said. "Given the massive success of their films in this all-important movie market, this is a really smart move."

Marvel Studios president Kevin Feige has said that diversity will be a priority in the MCU's future. "Black Panther," which featured a predominantly black cast, made $1.3 billion worldwide. "Captain Marvel," the franchise's first solo movie starring a female character, also grossed over $1 billion.

"You need new challenges and perspectives," Matthew Ball, a venture capitalist and former Amazon Studios executive who contributes to the media-analysis website Redef, told Business Insider in April. "Their embrace of different storytelling and characters will help attract more talent. When you're putting out 30 movies, you never want it to feel like it's become a unit or a cog."

"Shang-Chi and the Legend of the Ten Rings" comes to theaters February 12, 2021 in the US (a China release date hasn't yet been announced).

SEE ALSO: 'The Lion King' was slammed by critics, but audiences didn't care

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NOW WATCH: How to choose between IMAX, 3D, and Dolby Cinema at the movie theater

Categories: English

How to fix a frozen iPhone in 3 simple ways

Businessinsider - Mon, 07/22/2019 - 21:06

If your iPhone has a frozen screen – in other words, it does not respond when you touch it – all hope is not lost. A frozen iPhone can often be easily fixed. 

Check out the products mentioned in this article: iPhone Xs (From $729 at Apple) How to fix a frozen iPhone

Of course, it's always possible that there is a serious problem with your iPhone, so if these troubleshooting steps don't work, the next step might be to contact Apple support. 

Charge your iPhone

It's possible that charging your phone for a short time can revive it. For the best results, plug your phone directly into a power adapter – don't charge it wirelessly or plug it into a computer's USB port. Let it charge for at least 30 minutes and then try to use it again. 

Restart or force-restart your iPhone

If your iPhone still isn't responsive, try to restart your phone by pressing the appropriate button presses for your iPhone model. If that has no effect, then you can try to force-restart your phone. 

For complete details on how to restart and force-restart an iPhone, see the article, "How to restart and force-restart any iPhone model."

Both the restart and force-restart will not erase any apps or data, so this is safe to do even without a recent backup. 

Troubleshoot your iPhone if it freezes while restarting

If your iPhone successfully restarts but can't get past the Apple logo, then you should connect your iPhone to a computer with iTunes installed and try some additional troubleshooting steps. 

1. Start iTunes on the computer.

2. Put your iPhone in recovery mode. The procedure for doing this depends upon which model iPhone you own:

  • If you have an iPhone 8 or later, press and hold the Power button and one of the volume buttons until you see the option to turn off your iPhone. Drag the slider to turn it off. While holding the Power button on the iPhone, connect your iPhone to your computer with a USB connection cable. Keep holding the Power button until you see the recovery mode screen.

  • If you have an iPhone 7 or iPhone 7 Plus, press and hold the Power button until you see the option to turn off your iPhone. Drag the slider to turn it off. While holding the Volume Down button on the iPhone, connect the iPhone to your computer with a USB connection cable. Keep holding the Volume Down button until you see the recovery mode screen.
  • If you have an iPhone 6s or older, press and hold the Power button until you see the option to turn off your iPhone. Drag the slider to turn off your phone. While holding the Home button, connect your phone to your computer with a USB connection cable. Keep holding the Home button until you see the recovery mode screen.

3. When you see the option to restore or update your iPhone on your computer, click "Update." iTunes will update the phone without deleting your apps and data. 

Contact Apple support

If you still have had no luck reviving your frozen iPhone, you should contact Apple support.

Related coverage from How To Do Everything: Tech:

SEE ALSO: The best iPhone for every type of person and budget

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Categories: English

Starbucks is doubling down on tech through a deal with a startup that previously ran waiter-free restaurants (SBUX)

Businessinsider - Mon, 07/22/2019 - 21:05

  • Starbucks announced a new deal with tech startup Brightloom on Monday. 
  • The coffee giant granted Brightloom a license for elements of the coffee giant's software in exchange for an equity stake in the startup and a seat on its board of directors. 
  • Brightloom — called Eatsa prior to its rebranding on Monday — is a restaurant tech company that previously operated a chain of restaurants where customers ordered via kiosk and did not need to interact with any employees. 
  • Visit Business Insider's homepage for more stories.

Starbucks has a new deal with a tech startup that previously operated restaurants with zero human interaction. 

On Monday, Starbucks announced it is taking an equity stake in restaurant tech company Brightloom. Starbucks has granted Brightloom a license for elements of the coffee giant's software in exchange for an equity stake in the startup — which was called Eatsa until it announced its rebranding on Monday — and a seat on its board of directors. 

"It really is about the opportunity to change an entire industry. ... Any restaurant brand now realizes that for them to be in the game, it's no longer a 'nice to have it' — they have to have a robust digital platform," Brightloom CEO Adam Brotman told Business Insider. 

Brightloom's initial work with Starbucks will focus on providing software for the company's license partners around the world.

Digital has been a major sales driver and focus at Starbucks over the last decade. However, international locations still lack the capabilities of company-owned stores in the US. Currently, fewer than half of the more than 80 countries that Starbucks operates in have access to the chain's mobile app. Only eight countries allow customers to order and pay via app. 

Two international franchisees, Alsea and Alshaya, are part of Brightloom's most recent $30 million Series B funding round. The round, also announced on Monday, was led by Tao Capital Partners and Valor Equity Partners.

In March, Starbucks announced a $100 million investment in Valor Siren Ventures (VSV), a new fund managed by Valor Equity Partners and focused on food and retail startups. At the time, Starbucks said that it would also explore "direct commercial arrangements" with startups that VSV invests in. 

Brightloom, then Eatsa, was founded in 2015. At the time, the company operated a chain of restaurants where customers did not have to interact with any employees. Eatsa functioned essentially like a vending machine or a high-tech automat, with customers ordering via kiosk and meals appearing in cubbies without the need for employee interaction. 

At its peak, there were Eatsa locations in San Francisco, New York City, and Washington, DC. In 2018, the company closed the final two Eatsa locations to focus on restaurant technology and software.

Read more: We visited a restaurant that's powered by machines instead of people — here's what it's like

Brotman, who previously served as a Starbucks executive from 2009 to 2018, joined the company in April after being approached by Jon Shulkin, the executive chairman of Brightloom, and Starbucks CEO Kevin Johnson. 

"They confided to me that they were exploring a relationship to do something really interesting and historic around taking the Starbucks digital flywheel technology and combining it with what Brightloom has, creating the world's first end-to-end digital flywheel platform. ... It was an opportunity I couldn't pass up," Brotman said. 

While Brightloom's immediate focus will be on Starbucks franchise partners, the company plans to offer services to all types of restaurants. 

SEE ALSO: Inside the infamous dead mall that Amazon is turning into a 700,000-square foot fulfillment center

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NOW WATCH: These melons can sell for as much as $22,500 each in Japan

Categories: English

Tesla bailed on its harassment lawsuit against a short seller after refusing to provide evidence of its claims (TSLA)

Businessinsider - Mon, 07/22/2019 - 21:04

  • In April, Tesla got a restraining order and filed a lawsuit against Randeep Hothi, alleging he — a short seller, Ph.D. candidate, and outspoken critic of the company — harassed its employees on two occasions.
  • Hothi fought back, requesting evidence and a hearing.
  • Once Tesla was ordered to produce audio evidence of its allegations, it dropped the suit.
  • A Tesla spokesperson told Business Insider that the company is confident that it has made it clear that Hothi is never to return to its property unless he wants more legal trouble.
  • Visit Business Insider's homepage for more stories.

There are hundreds of lawsuits against Tesla, most of them warranty suits or issues with suppliers, but some have become bizarre spectacles for anyone watching the stock.

Tesla's now defunct suit against Randeep Hothi fits into the latter category.

In April, Tesla accused Hothi of menacing and injuring its employees, and driving recklessly around them as they tested the company's Autopilot technology on the open road around Tesla's Fremont, California, factory. The company also accused Hothi — who has been an outspoken critic and active member of the Tesla short-seller community on Twitter under the moniker @skabooshka — of trespassing on its property. These incidents, Tesla alleged, occurred in February and April.

On April 19, it filed a temporary restraining order against Hothi. On May 5, Hothi and his lawyer fought back, describing Hothi as a "citizen journalist" and requesting an evidentiary hearing and limited discovery on the matter. 

"Tesla's accusations here fall into a long and disturbing pattern of using lies and intimidation in an effort to silence its critics," Hothi's attorney, Gill Sperlein, wrote.

"This matter plainly has ramifications for beyond the individual Respondent and therefore deserves a long-form evidentiary hearing. Because Tesla controls potentially exculpatory evidence, the parties should have the opportunity to take discovery in advance of the hearing. Hothi provides the following information to establish good cause for the requested continuance, discovery, and long-form evidentiary hearing," he added.

In a surprising turn of events for what should be a quick legal proceeding, the judge granted Hothi his motion for discovery on July 1.

A few things to keep in mind here:

  • Because Tesla was testing its Autopilot function, Hothi and his lawyer knew there were recording devices taking footage of Hothi's entire interaction with Tesla's employees, according to court filings. 
  • Elon Musk has taken issue with short sellers before. Last summer, a short seller who tweeted and wrote under the moniker @MontanaSkeptic1 said in a blog post that his identity had been revealed and that Musk called his boss, an early Tesla adopter. All this in the midst of what Musk called "production hell" as Tesla struggled to launch the Model 3 car.
  • Montana, outed as the attorney Lawrence Fossi, helped Hothi raise money for his defense — and they raised a lot.
  • Tesla switched law firms in July. It started out being represented by Sideman & Bancroft and ended with Boersch & Illovsky LLP.
Show us the goods

Tesla tried to fight the motion to produce audio and video recordings of the harassment Hothi was accused of. It filed a motion asking the judge to reconsider, saying there was "confidential business information" on the recordings. In response, Hothi filed an opposition motion offering ways for Tesla to shield any sensitive information. 

Either way, the court was not really swayed by Tesla's arguments. On July 18, it ordered Tesla to produce any video recordings, including any taken with an employee cellphone, of the April incident. It also asked Tesla to provide limited audio recordings of what happened as the employees became aware of Hothi's presence within 50 meters of their car.

By July 19, Tesla balked. It let Hothi's attorney know that it would not produce any evidence and dropped the suit. In their letter to the court, Tesla's lawyers said they did not want to produce any audio.

From the letter:

While Tesla is confident that the evidence supports the claims made in this case, Tesla has endeavored to make clear that the audio recording contains its employees' private and personal conversations. As described in Tesla's briefing, those conversations include personal information and private discussions that these individuals never intended for public consumption.

Tesla's employees have already been subjected to both the conduct described in Tesla's petition and the unwanted publicity and online harassment that followed the filing of that petition. Production of their private conversations to Mr. Hothi would, in Tesla's view, inflict more damage by subjecting them to an unwarranted
invasion of their privacy and further harassment.

And once the audio is produced, as the Court's Order itself suggests, little doubt remains that it will make its way into the public domain, publicly exposing every detail of an informal conversation among coworkers who did nothing wrong.

Hothi's attorney has asked Tesla to preserve any evidence related to this matter as it may pursue a malicious prosecution claim or a similar claim. He said Tesla produced legal action against Hothi in "bad faith."

A spokesperson told Business Insider that the company is confident that it has made it clear that Hothi is never to return to its property unless he wants more legal trouble.

SEE ALSO: 'Aladdin' star says a defect in his Tesla Model 3 led to his car wreck, and it comes from a problem area the company has known about for years

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NOW WATCH: 7 lesser-known benefits of Amazon Prime

Categories: English

Rights groups vow to sue over Trump plan to speed up deportations

Al Jazeera - Mon, 07/22/2019 - 20:58
Trump administration announces plan to expand authority of immigration officers to deport of undocumented migrants.
Categories: English

The first jobs of 14 of the biggest tech executives

Businessinsider - Mon, 07/22/2019 - 20:58

  • Some of the biggest figures in the tech world had very relatable first jobs.
  • Amazon founder and CEO Jeff Bezos got his start flipping burgers at McDonald's, while Apple CEO Tim Cook delivered newspapers.
  • Read on to learn about the first jobs of 14 of the biggest names in tech today.
  • Visit Business Insider's homepage for more stories.

Jeff Bezos, founder of Amazon, may be the world's richest man, but he may just have the most relatable first job. 

He flipped burgers for McDonald's. 

For other tech executives, like Steve Jobs and Elon Musk, electronics played a large part in their lives from early on, making their role in some of the most prominent companies a little, well, obvious. 

Either way, first jobs tend to always make an impression, good or bad — one that sticks with you as you age, an experience to take along wherever you end up. For example, Bill Gates remembers working 18 hours a day at his first gig as a programmer when he was 16. His coworkers even tried to convince him to "skip undergraduate and go straight to graduate school." As we know now, Gates ended up dropping out just two years into college to start Microsoft and go on to make billions

For some tech execs, the billions came quickly, but for others, notoriety took some time.

Here are the first jobs held by some of today's biggest names in tech.

SEE ALSO: I took a $40,000 pay cut to work remotely from my Los Angeles apartment. Here's how I live and what I spend money on.

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Like millions of other Americans, Amazon founder Jeff Bezos got his start flipping burgers at McDonald's.

It may come as a surprise to know today's richest man in the world, Amazon founder Jeff Bezos, earned his first dollar flipping burgers at McDonald's as a teenager in the '80s. During his first week, Bezos told author Cody Teets, "A five-gallon, wall-mounted ketchup dispenser [...] dumped a prodigious quantity of ketchup into every hard-to-reach kitchen crevice. Since I was the new guy, they handed me the cleaning solution."

The salary for a fry cook at McDonald's back in 1980 was $2.69. His first job in the professional world after graduating from Princeton with a computer science degree was at an international trade startup called Fitel. Bezos currently has a net worth of $131 billion.

Sources: Business Insider, CNBC, Forbes, Business Insider



As a teenager, Mark Zuckerberg designed a music recommendation app and turned down $1 million for it.

Bezos may have been the man on the grill for his first gig, but Mark Zuckerberg, founder of Facebook, was the man on campus: Before even coming to Harvard, Zuckerberg was offered $1 million for "music recommendation" software called Synapse he invented before he turned 18, somewhat like that of Pandora or Spotify. He didn't take the cash, instead making it free for people to use. 

Today, Zuckerberg has a net worth of $76 billion, thanks mainly to Facebook (also free to use), and other various investments. 

Sources: CNBC, Forbes



Microsoft CEO Satya Nadella started out as a software engineer, and when he was interviewing for the job, got a question he wasn't prepared for.

Before becoming CEO of Microsoft, Satya Nadella was a software engineer, which, according to CNBC, is one of the most common first jobs of current CEOs. He first interviewed for a job at Microsoft in 1992. He remembered the interview as tedious, with one question completely catching him off guard — because it had nothing to do with the line of code he was writing on the whiteboard. 

The interviewer asked him what he would do if he saw a baby fall.

"I thought about it for a while. This was a computer science question I had not prepped for. So, I said I'd run to the closest phone booth and call 911," he told Chicago Booth Magazine. He later said the interviewer was looking to see if Nadella had empathy. Today, Nadella makes over $25 million a year, 154 times more than the median pay of his employees

Sources: Chicago Booth Magazine, CNBC



Elon Musk earned $500 writing code for a video game when he was 12 years old.

Like Zuckerberg, Tesla Founder Elon Musk had an early fascination with technology. His obsession with writing code earned him $500 at the age of 12, where he contributed lines for a space-themed video game in 1983. 

Musk's involvement with space didn't stop then either: He is also the founder of Space X, an aerospace manufacturing company. His net worth is nearly $20 billion — 40 million times more than his first ever paycheck.

Sources: Forbes, CNBC



Twitter and Square founder Jack Dorsey got his start as a software engineer.

Jack Dorsey, co-founder and CEO of Twitter, hacked his way into his first gig. According to Venture Beat, Dorsey "really wanted to go into the dispatch industry" — so he found a hole in one of the largest dispatch company's website, told the chairman about it, and landed his first job in New York as a software engineer in 1991. 

Dorsey later went on to found Twitter and Square, bringing his current net worth to $5.8 billion, though he doesn't take a traditional paycheck.

Sources: Venture Beat, CNBC, Forbes



Evan Spiegel was a marketing intern for Red Bull before eventually cofounding Snapchat.

CEO and co-founder of Snapchat Evan Spiegel scored a marketing internship with Red Bull while living in Santa Monica and going to an ultra-exclusive high school. Working for Red Bull meant promoting the energy drink at parties and clubs. According to Biography, this unpaid internship helped Spiegel gain necessary business skills he'd take with him to Stanford, and ultimately, Snapchat. 

Spiegel notoriously turned down Zuckerberg's $3 million offer to buy Snapchat. Today, his net worth is $3.5 billion, making him one of the youngest billionaires in the world at 29. Spiegel is also married to model and entrepreneur Miranda Kerr, and the couple welcomed their first child — a baby boy named Hart — in 2018.

Sources: Business Insider, Biography, Forbes



In his teenage years, Uber founder and former CEO Travis Kalanick sold Cutco knives as a door-to-door salesman.

Uber's trouble-making founder and former CEO Travis Kalanick was once a door-to-door salesman, selling knives for Cutco as a teenager in the '90s. By 18, he had already started his first company: an SAT-prep course called New Way Academy. Kalanick's serial entrepreneurial spirit was evident even as a student at the University of California, Los Angeles, where he dropped out to start a search engine. Ten years after leaving UCLA, he launched Uber.

Kalanick may have left Uber in 2017 after a slew of scandals, but his net worth still hangs around $5.3 billion, from various investments.

Sources: Business Insider, Forbes



Steve Jobs' first job was developing video games for Atari.

Steve Jobs had a passion for technology from an early age. His father would show him how to take apart electronics in the garage of their Mountain View home. So naturally, after dropping out of college, his first job was as a video game developer at Atari. In 1976, at the age of 21, he and Steve Wozniak founded Apple Computers — the company that would ultimately define his life. 

Jobs is largely credited with introducing a new era at Apple, with the introduction of Macintosh, iPod, and iPhone. He died from a unique form of pancreatic cancer in Oct. 2011. Today, Apple's market cap is close to $675 billion and is one of the most valuable companies in the world.

Source: Business Insider, Biography 



Apple CEO Tim Cook delivered newspapers in his Alabama hometown.

Apple's current CEO Tim Cook delivered newspapers in his Alabama hometown for his first buck. He also worked at a paper mill in Alabama and an aluminum plant in Virginia before getting into the tech space, when he worked for IBM 12 years before coming to Apple in 1998. 

Cook is one of the more notoriously private tech CEOs. He lives in a modest home in Palo Alto and takes in over $3 million a year — considerably more than he made slinging newspapers from a bike as a kid. 

Source: Business Insider



After college, Facebook COO Sheryl Sandberg worked on health projects in India with World Bank.

After graduating from Harvard, Facebook COO Sheryl Sandberg was hired by one of her college advisers to work at World Bank in 1991. A colleague of Sandberg's remembered her as  And before her time Facebook, Sandberg spent a stint at Google, and even the White House as the chief of staff of the Treasury Department during the Clinton Administration.

Sandberg said Harvard is what inspired her "lifelong passion for gender equality." Today, Sandberg, behind Zuckerberg, is one of the most prominent figures behind Facebook — a company recently rocked with its own set of security and data scandals — and has a net worth of $1.7 billion. 

Sources: Business Insider, Harvard Alumni



Bill Gates' first job was as a computer programmer for a Michigan automotive company.

There seems to be a trend among tech execs: if you like technology, even from an early age, you tend to stick with it. This goes for Microsoft co-founder Bill Gates, too. His first gig at 16 was as a computer programmer for TRW, an automotive company based in Michigan, when he was in high school.

In The Atlantic, Gates remembered his first job fondly: "I was sort of infamous as a boy wonder of a certain type of programming[...] I was willing to work 18 hours a day and do hard stuff." 

Today, Gates has since taken himself out of the programming side of tech, but is instead has dedicated the rest of his life to philanthropy with the Bill & Melinda Gates Foundation — a family foundation created to help people live "healthy, productive lives." The foundation is the largest private foundation in the world, and Gates has a net worth of $100 billion

Source: Business Insider, The Atlantic



Google cofounder Sergey Brin was an intern at a computer technology company.

Sergey Brin, cofounder of Google, interned at Wolfram Research in the summer of 1993, and according to an early version of his resume, he "developed a code analysis and extraction" tool for the company. Brin met Larry Page when they both attended Stanford. Soon after meeting, they both dropped out to develop what is known as Google today in 23andMe CEO Anne Wojcicki's garage. 

Today, Brin is the president of Google's parent company Alphabet Inc. His net worth is $51.6 billion, but only takes $1 a year for a salary. 

Sources: Business Insider, Forbes



Larry Page got his start at a company called Advanced Management Systems.

Larry Page came from a family of technology-obsessed parents. His dad was a professor of computer science at Michigan State University. But Page himself didn't get his first job until after he graduated with an undergraduate degree. According to Huff Post, Page worked at Advanced Management Systems in Washington, DC, shortly after finishing college. 

Page met Brin when he was attending Stanford for graduate school. They both wanted to catalog "every link on the internet," which is now the world's most-used search engine, Google. Page was Google's first CEO, now he oversees Alphabet's healthcare division Calico, smart home appliance division Nest. His net worth is $52.7 billion. 

Sources: Huff Post, Forbes



And Google CEO Sundar Pichai started out as an engineer for Applied Materials.

Sundar Pichai, CEO of Google, is one tech exec who stuck with the passion and skills he learned in college. Shortly after he received a MS from Stanford and obtained an MBA from Wharton School at the University of Pennsylvania, he went on to work at Applied Materials as an engineer. It wouldn't be until 2004 when he'd join Google as a vice president of product. 

Pichai's work ethic was noticed by Twitter and Microsoft, both attempted to recruit him. He was then named CEO in 2015, after Larry Page stepped down. In 2016, he was the highest paid CEO, receiving nearly 275,000 shares of Google, totalling $650 million. 

Sources: Business Insider, The Guardian



Categories: English

Mexico sætter uhyggelig rekord: 3.000 drab på en måned

DR Nyheder - Mon, 07/22/2019 - 20:45
Antallet af narkorelaterede drab i Mexico er det højeste nogensinde.
Categories: Nyheder v/DR