It will take you a really long time and a large number of applications before you get a single response, and even more to finally get hired.Even with telecommuting on a rising trend, there are still not enough positions for everyone who are opting for a home-based career so competition is quite high.Not to mention some companies are only partly virtual so it’s easy to mistake their listings to be office-based.In a sense, seeking online work positions is much like looking for buried treasure—laborious.The good news is that, by changing the way you search and applying the following strategies, you will increase your chances of discovering remote roles perfect for you.Strategy #1: Keep It OrganisedThe process is daunting enough; you don’t need a messy checklist to add to your stress levels.Following this line of thought, it may be said that you’re six people away from landing that ideal gig.Browse through your Slack channels, Twitter connections, and Facebook friends for people worth strengthening a professional relationship with.How to contactCustomise your message according to your contact’s organization and position.Some of them are filled internally through promotions while others are handled through applicant tracking systems like Zoho Recruit.This is a problem for you as a job seeker because you will not be aware of them unless you are part of their existing candidate pool.Fortunately for you, Google has a search function that allows you to look up these secret opportunities.Next, filter the results to show only the most recent results, preferably those posted within the last month.Strategy #4: Be The FirstSometimes, recruiters can’t be bothered to check beyond the first few applicants.
The video is selectively slowed down and spliced together, fact checkers said in a report.
Chairman Ajit Pai says he hopes for 'vigorous debate' on the administration's petition to limit legal liability for social media giants Twitter and Facebook.
Microsoft's plans to buy TikTok may seem crazy at first, but it's all about the data. TikTok would give Microsoft eyes into a market where it is mostly blind: smartphone use among Generation Z. But there's another appealing side for Microsoft: TikTok is reportedly a huge customer of arch-rival Google Cloud. Visit Business Insider's homepage for more stories. At first glance, Microsoft's talks to acquire TikTok's US operations from Chinese owner ByteDance seems somewhere between odd and crazy. But at second glance and beyond, it could be a brilliant strategic move. That's because the deal is all about data, the cloud, and an opportunity for Microsoft to own something that could be as big as YouTube for the next generation — complete with at least 80 million US users already (and probably more, given that the app has been downloaded 2 billion times) — at a potentially bargain price, thanks to the growing list of companies and governments banning or threatening to ban the app. And if the deal goes through, it would also take a shot at Microsoft's longtime arch-rival Google in the doing. With TikTok, Redmond would gain eyes in an area where it has been mostly blind: Generation Z's smartphone use. When a user downloads TikTok, the app collects a lot of information by default (although its privacy policy says that users can opt out of some). This includes info about the smartphone itself, as well as the users' location, data gathered by other social media sites and third-party data collectors, the content of private messages, and other websites the person visits, according to TikTok's privacy policy. Microsoft doesn't have a popular smartphone operating system, nor is its Bing search engine the preferred choice on most phones. This means that TikTok could be Microsoft's best choice for visibility into what the next generation is doing with and on their phones. Microsoft could use this data to challenge the Google/Facebook duopoly in online advertising, or in myriad other ways. But the best part for Microsoft is that such a deal could also come at the expense of its arch rival Google, and its Google Cloud. While Google Cloud is a smaller challenger to Microsoft Azure, Google has big ambitions for its cloud. In May, 2019, TikTok signed a three-year agreement with Google Cloud to buy more than $800 million in cloud services, The Information's Kevin McLaughlin and Amir Efrati reported last month. Even if Microsoft's purchase of TikTok wouldn't negate that deal immediately, Microsoft would likely snatch TikTok away from Google Cloud and move it to its own Azure at the earliest opportunity. Such a move would be about more than lost revenue for Google: It would take-away from Google Cloud a huge marquee user that shows other potential customers it can handle big workloads and their long-term cloud needs. But the deal is opportunistic, too. TikTok is facing an existential threat — India has already banned the app, as had much of the US military and some private companies, like Wells Fargo thanks to fears that its Chinese origins make it a security threat (allegations the company has repeatedly denied). The Trump administration has been threatening to have it banned it in America, too. Microsoft is one of the few companies with deep enough pockets, and enough of a business need, to make an offer. And it knows it's negotiating from a position of strength. Neither TikTok nor Google Cloud immediately responded to our request for comment. Now read 'I was seen as a risk': Successful Black founders share frustrating experiences while raising venture capital, and how they triumphed anyway Research shows that VCs have stopped pushing founders into workaholism to achieve hypergrowth during the pandemic — but one VC says it won't last Join the conversation about this story » NOW WATCH: How waste is dealt with on the world's largest cruise ship
A missing farm worker who police feared had been murdered has been found living in the woods – almost five years after he went missing.Ricardas Puisys was 35 when he was last seen at the Nightlayer Leek Company, where he worked in Chatteris, Cambridgeshire on September 26, 2015.Cambridgeshire Police launched a murder probe, but officers could find no trace of the Lithuanian national despite a string of public appeals.Detective chief inspector Rob Hall, from the Bedfordshire, Cambridgeshire and Hertfordshire major crime unit, said the case had been a “complete mystery” until photographs of Puisys were posted to a Facebook account in his name last summer.And on July 1 this year he was found in a “very well concealed” location following a search of a wooded area in Wisbech, where he had been living hidden in the undergrowth.  Detectives now believe Puisys ran away after becoming a victim of crime and an investigation into his potential exploitation has been launched.Hall said: “A team of investigators worked tirelessly following up a number of inquiries, none leading to the discovery of Ricardas.“That was until we received information that Ricardas may have been alive and still in the Wisbech area.“Following a search of wooded area in Harecroft Road, Ricardas was eventually found living in undergrowth, very well concealed after having deliberately hidden and having not spoken with anyone for some time.“We made the decision not to publicly announce we had found Ricardas alive until now in order to protect him and put safeguarding measures in place.“He is safe and we are working very closely with him to ensure he remains safe, but also to ensure he gets the support he needs after having lived through extremely difficult circumstances during the last five or more years.”  Puisys was employed through an agency when he worked at the Nightlayer Leek Company, in Dean Grove, and was believed to have been with other Lithuanian men on the night he vanished.Hall said: “There were genuine concerns Ricardas came to harm that evening.“He did not return to work on Monday September 28 2015 as expected, but we now believe Ricardas made the decision to run away as he had been a victim of crime, having previously been subject to exploitation.”
Social video-turned e-commerce platform MikMak has raised $10 million, for a total of $14 million raised, the company announced on Monday. The social-video-commerce platform turned into a broader enterprise-software platform in February and has been helping brands optimize their online sales. MikMak says it can help brands and retailers understand what channels, audiences, and creative get people to buy. MikMak says it works with more than 150 brands and retailers and has Colgate, L'Oréal, Hershey's, Petco, and P&G among its clients. Click here for more BI Prime stories. Social video-turned e-commerce platform MikMak has raised $10 million, for a total of $14 million raised, the company announced on Monday. Wavecrest Growth Partners led the Series A round, which included existing investors including Luminari Capital and Brave Ventures, and new investors including Lunch Partners and Madrona Venture Group. The funding comes as brands increasingly adapt to e-commerce at a faster clip amid the pandemic, with mobile e-commerce sales poised to hit $250 billion in 2020. MikMak said it works with more than 150 brands and retailers including Colgate, L'Oréal, Hershey's, Petco, and P&G, and that its revenue grew 50% between March and June. Until recently, MikMak helped brands and retailers sell products on platforms like Facebook, Instagram, and Snapchat. But in February, the startup shifted gears to becoming an enterprise-software platform that it says can help brands optimize their online sales. MikMak can show brands their e-commerce business in one spot through a new product, MikMak Dashboard, that shows what channels, audiences, and creative drive sales, MikMak founder and CEO Rachel Tipograph told Business Insider earlier this year. "I realized that from a product-development perspective, I could build something that wasn't just useful to the digital and social team, but also to the CRM team, shopper-marketing team, and the consumer-insights team," Tipograph said. "I wasn't providing visibility for what was happening real time in the market across platforms and retailers. And that's why I decided to build this product." MikMak says it can help companies make better and faster e-commerce decisions  MikMak says the dashboard can help companies manage and track their sales across platforms and retailers based on channels, location, and influencers, and show what products are doing well by platform or retailer. Hershey's and Petco said they have seen positive results from using the platform. MikMak helped Hershey nudge consumers to not just buy products but also buy them in the right context, Doug Straton, the company's chief digital officer, told Business Insider in February. The company saw conversion rates higher than the industry average while testing the dashboard between December 2019 and February 2020, he said. Petco credits MikMak with helping it attract more brand vendors by letting Petco give the vendors control over their shopping experience, Tariq Hassan, Petco's chief marketing officer, said in February. It's also helped Petco reduce bounce rates on its own website by 23%, he said. But competition is heating up MikMak started out making short and catchy infomercials on behalf of brands on social platforms, then it built video technology to enable shopping on platforms. But with platforms like Instagram building their own checkouts, competition is heating up.  Tipograph said those checkouts were just those platforms, while MikMak is building consistent storefront across channels with standardized reporting.Join the conversation about this story » NOW WATCH: Why thoroughbred horse semen is the world's most expensive liquid
Microsoft is in talks to purchase TikTok, the massively popular video app that's owned and operated by the Chinese company ByteDance. The purchase talks come amid threats from President Donald Trump to ban the app in the United States. Trump says the app funnels user information to the Chinese government, and must be operated by an American company to ensure the safety of user information. The cost to purchase TikTok could be as high as $50 billion, according to a recent valuation reported by Reuters. Anywhere near that number would make it one of the biggest tech acquisitions of all time. Visit Business Insider's homepage for more stories. Microsoft is in talks to buy wildly popular video sharing platform TikTok from Chinese owner ByteDance, and the deal could go as high as $50 billion — the latest valuation given to TikTok by its investors, according to a recent Reuters report. That would make it the second-highest tech acquisition price of all time, well above the prices paid in dozens of major acquisitions. Here's a look at the history of tech's most expensive acquisitions, from Apple's measly $3 billion purchase of Beats all the way to Dell's notoriously expensive acquisition of EMC Corporation for a whopping $67 billion:SEE ALSO: Microsoft to continue talks to acquire TikTok's US operations after Trump threatened to ban the app in the US 27. Apple bought Beats in 2014 for $3 billion. Apple's purchase of Beats in 2014 was a two-part play: For the Beats headphone lineup, and for foundational software that would eventually lead to Apple Music. It also led to a notorious (and hilarious) video of Dr. Dre celebrating the sale with his friend Tyrese that reportedly caused Apple to "freak out." 26. Google bought Nest in 2014 for $3.2 billion. Google's purchase of Nest in 2014 was a strategic pickup in Google's ongoing battle with Amazon in the smart home market. Nest's widely used thermostat was an early hit in the smart home business, and the Google division has only expanded out its offerings since being acquired. 25. Walmart bought in 2016 for $3.3 billion. Through the acquisition of in 2016, Walmart bolstered its online storefront and has become a major player in the ecommerce market. Though itself has since shuttered, the talent and technology that came with it live on through Walmart's online presence. 24. Cisco bought AppDynamics in 2017 for $3.7 billion. Just as AppDynamics was set to go public, the company was purchased at the eleventh hour by Cisco for $3.7 billion — an effort from Cisco to push further away from its hardware roots into the software and services business. Adobe bought Marketo in 2018 for $4.75 billion. Adobe's purchase of Marketo added the company's services to its "Adobe Experience Cloud," a business software suite sold by Adobe. Marketo's software added several marketing services to the AEC. Microsoft bought aQuantive in 2007 for $6.3 billion. In 2007, former Microsoft CEO Steve Ballmer led an acquisition of a company named aQuantive worth over $6 billion. Though the purchase was intended to get Microsoft more deeply involved in the online advertising business, it ultimately led to a massive $6.2 billion writedown. Salesforce bought MuleSoft in 2018 for $6.5 billion. Relatively unknown prior to being purchased by Salesforce, MuleSoft has become a major part of the cloud giant's portfolio. The standout service provided by MuleSoft is named Anypoint, and it enables Salesforce developers to make disparate app work together. It was the first of two major acquisitions Salesforce made in the last few years. Microsoft bought Nokia in 2014 for $7.2 billion. Among the many acquisitions made under the leadership of former Microsoft CEO Steve Ballmer, the purchase of Nokia for $7.2 billion was among the least successful. Less than two years after the purchase, Microsoft's new CEO Satya Nadella took a $7.6 billion writedown in financials and laid off nearly 8,000 Nokia employees. Oracle bought Sun Microsystems in 2009 for $7.4 billion. Oracle's purchase of Sun Microsystems was very specific: To own the rights to the Java programming language. Those rights would eventually lead to an ongoing legal battle with Google. For Sun Microsystems, which was in decline and saddled with loads of debt at the time, an acquisition was a lifeline. Microsoft bought GitHub in 2019 for $7.5 billion. For Microsoft, a company founded by computer programmers, the acquisition of GitHub makes a lot of sense: It offers a direct path for the massive network of computer-minded GitHub users into Microsoft's large ecosystem. It also offers a potential pipeline for some of the world's most computer savvy folks to work at Microsoft. Microsoft bought Skype in 2011 for $8.5 billion. For years, before Google Hangouts and Zoom chats offered other options, Microsoft-owned Skype was the de fact video chat software. Things have changed over time, of course, but Microsoft's 2011 purchase of Skype was a strategic move into consumer communications software that has continued to pay off: The video chat software is always a marquee example of how a new Microsoft device might work Oracle bought PeopleSoft in 2004 for $10.3 billion. Oracle's acquisition of PeopleSoft is a notoriously contentious story. "It was an 18-month hostile takeover," senior executive Aneel Bhusri told Business Insider back in 2011. PeopleSoft offered software-based human resources solutions for companies and schools, and its products are still offered by its current parent company, Oracle. NXP bought Freescale in 2015 for $11.8 billion. When NXP, one of the lesser-known computer chip manufacturers, purchased Freescale in 2015, the deal cemented NXP as a dominant force in the silicon market. Google bought Motorola Mobility in 2011 for $12.5 billion. Though Google continues to produce and sell smartphones under its Pixel line, the company used to make smartphones in collaboration with Motorola (and other handset makers). That relationship eventually turned into an outright acquisition, though another critical aspect of the purchase wasn't said out loud: Patents. Symantec bought Veritas Software in 2004 for $13.5 billion. Symantec's purchase of Veritas Technologies, like so many tech acquisitions, was a measure of expansion and solidification. Veritas offered information management solutions. Symantec and Veritas split in 2014, and it is a private company once again. Amazon bought Whole Foods in 2017 for $13.7 billion. Amazon's purchase of Whole Foods was the first major push into bricks-and-mortar retail from the ecommerce giant and was largely intended as an expansion of Amazon's annual subscription service Amazon Prime. Prime users get discounts in the store, and Amazon products like the Echo are advertised alongside apples and bananas. Intel bought MobileEye in 2017 for $15 billion. As technology companies jockey for position in the race to create self-driving software, companies like Intel are paying billions for startups like MobileEye with proven tech. In the case of Intel's MobileEye, the goal is a "robo-taxi" rather than implementing the tech in consumer cars. Salesforce bought Tableau in 2019 for $15.7 billion. In another major Salesforce acquisition, the tech giant purchased Tableau last year for nearly $16 billion. It's the latest purchase in Salesforce's ongoing plan to strategically acquire companies that can help Salesforce grow. In the case of Tableau, Salesforce got a data analytics and visualization platform with over 86,000 customers. Walmart bought Flipkart in 2018 for $16 billion. Walmart's big bet on Flipkart is all about international expansion: Flipkart serves the Indian market, and with the acquisition, Walmart now has a major foothold in the region. It's also a critical step in Walmart's ongoing push into ecommerce, as Flipkart is an online-based retailer. Nokia bought Alcatel-Lucent in 2015 for $16.6 billion. Nokia's purchase of Alcatel-Lucent was positioned as a means of expanding its network technology business in the wake of its mobile phone business being sold to Microsoft. The purchase has enabled Nokia to become one of several major players in the move to 5G wireless networks. Facebook bought WhatsApp in 2014 for $22 billion. Facebook's purchase of WhatsApp in 2014, though wildly expensive, enabled Facebook to instantly expand its reach by tens of millions of people. Despite its connection to Facebook, like Instagram, WhatsApp remains popular around the world.  Hewlett-Packard bought Compaq in 2001 for $25 billion. In a piece published in 2016 by ZDNet titled "Worst tech mergers and acquisitions," the $25 billion purchase of Compaq by Hewlett-Packard is ranked number one on that list. Why? Not only did it eventually lead to a massive downturn at the company, but its failure was forewarned by several major stakeholders — including the son of the company's cofounder, Walter Hewlett. Microsoft bought LinkedIn in 2016 for $26.2 billion. The acquisition of LinkedIn is part of the new era of Microsoft acquisitions, where companies are intentionally left to operate relatively autonomously. To that end, LinkedIn has remained relatively unchanged since its purchase back in 2016 for $26.2 billion.  Of note: LinkedIn is Microsoft's most expensive acquisition of all time, and anything above that paid for TikTok would instantly make it the new most expensive purchase. SoftBank bought ARM in 2016 for $31 billion. SoftBank's purchase of ARM could become an investment — the latest news is that NVIDIA is reportedly looking at a purchase of ARM from SoftBank which would assuredly be north of the $31 billion SoftBank paid back in 2016. IBM bought Red Hat in 2018 for $34 billion. IBM's purchase of Red Hat took a variety of popular software and instantly collected it under IBM's umbrella: From Red Hat Enterprise Linux to Red Hat Virtualization. As part of the $32 billion deal, Red Hat products are now a part of IBM Cloud. Avago bought Broadcom in 2015 for $37 billion. Never heard of Avago? How about Broadcom? Though both companies are massive, they're also both relatively unknown. That's because they're responsible for the infrastructure and technology inside of many products made by other companies, from cable modems to the chips powering Ethernet switches. Dell bought EMC Corporation in 2015 for $67 billion. By far the most expensive acquisition of all time continues to be Dell's $67 billion purchase of EMC Corporation in 2015.  "We're continuing to evolve the company into the most relevant areas where I.T. is moving," Dell president Michael Dell told the New York Times in a 2015 interview. "This deal just accelerates that." Combining Dell's offerings with EMC allowed Dell to push further into corporate computing services, and it allowed EMC to escape pressure from investors to stem ongoing business declines.  Got a tip? Contact Business Insider senior correspondent Ben Gilbert via email ([email protected]), or Twitter DM (@realbengilbert). We can keep sources anonymous. Use a non-work device to reach out. PR pitches by email only, please.
Illustration by Alex Castro / The Verge The New York and California attorneys general, along with the Federal Trade Commission, plan to investigate Amazon’s online Marketplace platform, Bloomberg News reported on Monday. The agencies are going to interview witnesses jointly on conference calls over the next few weeks, in what Bloomberg suggests may be the beginnings of a formal antitrust enforcement action following last week’s landmark Big Tech antitrust hearing. The news comes after intense questioning over Amazon’s Marketplace practices during the hearing. Rep. Lucy McBath (D-GA) asked CEO Jeff Bezos whether its actions toward Marketplace sellers was a pattern of behavior. She played testimony from a third-party bookseller who believed Amazon had blocked their store,... Continue reading…
A video of Nancy Pelosi that has been manipulated to make her appear intoxicated went viral on Facebook over the weekend. Facebook declined to remove the video, but attached a fact-check label that marks the video as "partly false." Both Twitter and YouTube removed versions of the video on their platforms, CNN reported. In 2019, a different fake video of Pelosi went viral on Facebook, which the company also declined to remove but marked with a fact-check label, drawing condemnation from Pelosi's staff. Visit Business Insider's homepage for more stories. A fake video of House Speaker Nancy Pelosi that has been edited to make her appear intoxicated went viral on Facebook over the weekend, racking up more than 2 million views and 91,000 shares. The platform applied a fact-check label to the video noting that it is "partly false" Sunday, but declined to remove the video, CNN first reported. The fact-check label means the video is still viewable but will be promoted less by Facebook's algorithms. It's the second time such a video of Pelosi has gone viral on the platform. Another video that was similarly edited and slowed down to make Pelosi appear drunk was shared widely on Facebook in May 2019, after which Pelosi slammed Facebook as "willing enablers" of misinformation. The doctored video doesn't make Pelosi appear to say words that she didn't say — rather, the footage is spliced and slowed to make it look like Pelosi took long pauses between words and slurred her speech. Visual forensic expert Hany Farid reviewed the video and told CNN that it's been edited and slowed down. Twitter and YouTube both removed versions of the video over the weekend following CNN's reporting. A Facebook spokesperson said in a statement to Business Insider that the doctored Pelosi video was not removed over the weekend because it didn't meet the company's criteria for "manipulated media" that would warrant a removal, like videos that make someone appear to say words they didn't say or deepfakes made using AI.  "Following an incident over a year ago with a previous video of Speaker Pelosi, we took a number of key steps, making it very clear to people on Facebook when a third-party fact-checker determines content to be false and updating our policy to make explicit the kind of manipulated media we will remove. And, as always, when a video is determined false, its distribution is dramatically reduced and people who see it, try to share it, or have already shared it, see warnings alerting them that it's false," the spokesperson said. A spokesperson for Pelosi did not immediately respond to a request for comment.Join the conversation about this story » NOW WATCH: How waste is dealt with on the world's largest cruise ship
Facebook has completed a lease to take all of the office space in the Farley building on Manhattan's West Side. The deal signifies a major vote of confidence in New York City's office market at a moment when its future has been thrust into question by the coronavirus pandemic.  Last year, the company signed on for roughly 1.5 million square feet in three buildings nearby in the Hudson Yards. In a statement, a Facebook spokeswoman said the new location will be used to grow the company's engineering operations in the city. Visit Business Insider's homepage for more stories. Facebook has completed a lease to take all of the office space in the Farley Building on Manhattan's West Side in a deal that signifies a major vote of confidence in New York City's office market at a moment when its future has been thrust into question by the coronavirus pandemic. Facebook signed on for 730,000 square feet of newly-built office, according to a news release from Vornado Realty Trust and a statement from the tech giant. The space is being readied inside the shell of the over-century old Farley Building, which had for decades served as a distribution facility for the U.S. Post Office. The deal is the latest in a major expansion of Facebook's footprint in the city over the past year. Last year, the company signed on for roughly 1.5 million square feet in three buildings nearby in the Hudson Yards. In a statement, a Facebook spokeswoman said the new location will be used to grow the $720 billion company's engineering operations in the city, which, until now, have been based out of another large office location Facebook has occupied for several years at 770 Broadway. "The Farley Building will further anchor our New York footprint and create a dedicated hub for our tech and engineering teams," the spokeswoman stated. "This significant investment in space will support Facebook's efforts to scale our tech and engineering teams." Read more: 20% of WeWork's New York space is sitting empty. Here's a look at key vacancies the city's biggest office tenant is trying to fill. Manhattan's office market has been battered by the pandemic The lease is welcome news for a commercial real-estate industry that has been battered by the Covid crisis. A total of about 8.3 million square feet of office space was leased in the Manhattan in the first half of 2020, 44% below the amount leased during the same period last year, according to the real-estate services firm CBRE. Over 70% of that space was taken during the first quarter as deal activity plummeted during the second quarter when the pandemic prompted lockdowns that shuttered commerce and daily life. The lethargic pace of leasing has raised an uneasy question for landlords and real-estate executives whether tenants will ever return to the office workplace in the same way, or if they could choose instead to slim down their footprint by embracing working-from-home as a permanent strategy. Facebook itself appeared to add credence to this approach earlier in the virus crisis when the company's chief executive Mark Zuckerberg said in a public presentation that it would allow half of its workforce in the coming decade to work remotely, and would pursue a more diffuse network of smaller spaces in secondary and tertiary cities to cater to that approach. That disclosure had suggested the social-media giant might shift away from its strategy in recent years of leasing major spaces in huge job centers such as New York City that have been hotspots for talent. The lease at the Farley Building shows that while Facebook may utilize a work-from-home strategy for a portion of its employee base, it is not likely to abandon its focus on major metropolitan campuses. "It reaffirms the intellectual capital that New York City possesses," said Brian Waterman, an executive vice chairman at the commercial leasing and real estate services firm Newmark Knight Frank. "This is just another commitment from the tech segment that shows the city is where they want to be." Other major technology firms have committed to office space during the pandemic. The video sharing service TikTok recently signed on for over 200,000 square feet at 151 West 42nd Street in Times Square. IBM, meanwhile, is actively shopping for as much as 500,000 square feet of space. The Farley Building is a sprawling block-long property across the street from Penn Station, the nation's busiest transit hub, that is being converted by a development team led by Vornado Realty Trust for dual uses. Its eastern annex will become a new train station for Long Island Railroad and Amtrak, while its western half is being converted into offices. The building's ground level will also include 120,000 square feet of retail space. Facebook will take the entirety of the building's office space, which will be spread across four levels at the property. The building has some of the city's largest floors, spanning almost 200,000 square feet apiece, big enough to hold over three football fields each. The company said those voluminous floors would allow it to "collaborate and innovate." The deal could give a boost to Vornado, which, like several of its peers in the office REIT sector, saw its shares drop sharply during the virus crisis. The company's stock was trading at $34.02 at the close of trading Monday, about 50% off its 52-week high. Vornado has been Facebook's landlord for years at 770 Broadway, which is owned by the REIT. "Facebook's commitment to Farley expands our long-standing relationship," Steven Roth, Vornado's chairman and CEO said in a statement. Roth added that the "commitment is a further testament to New York City's extraordinary talent and reinforces New York's position as the nation's second tech hub." Have a tip? Contact Daniel Geiger at [email protected] or via encrypted messaging app Signal at +1 (646) 352-2884, or Twitter DM at @dangeiger79. You can also contact Business Insider securely via SecureDrop. SEE ALSO: Facebook is eyeing offices in cities like Dallas, Atlanta, and Denver to act as 'hubs' to support 50% of its workers staying remote — and it's a move that could upend Silicon Valley and NYC real estate SEE ALSO: A quarter of NYC office leases went to tech firms in 2019. Now, the fate of a blockbuster Facebook deal is make-or-break for the city — and a case study for the future of commercial real estate. SEE ALSO: IBM is on the hunt for a massive Manhattan space, showing that worries about the death of the big-city office may be overblown Join the conversation about this story » NOW WATCH: We tested a machine that brews beer at the push of a button
The Federal Trade Commission and attorneys general from New York and California have opened a new antitrust investigation into Amazon's online marketplace, Bloomberg reported Monday. The agencies will coordinate on the probe and plan to interview witnesses starting in the next few weeks, according to the report. Amazon has come under fire over potential anti-competitive behavior in recent months following reports that it secretly used its data on third-party sellers and startups to launch competing products. Lawmakers grilled CEO Jeff Bezos over Amazon's treatment of sellers last week in a historic hearing on the growing power of the tech industry.  Visit Business Insider's homepage for more stories. State attorneys general from New York and California have teamed up with the Federal Trade Commission to investigate Amazon's online marketplace, Bloomberg reported Monday. The agencies plan to begin interviewing witnesses in the coming weeks, according Bloomberg. California's probe was previously reported by The Wall Street Journal, but Bloomberg first reported on the collaboration across the agencies. The New York Times reported last month that Washington has also been looking into the issue.  Amazon has faced increasing scrutiny over how it uses the vast trove of data it collects from third-party sellers on its site, with competitors and regulators claiming that Amazon has leveraged the information to launch competing products, or favor its own, in violation of its own stated policies. The company initially refuted those claims publicly and under sworn testimony to Congress, but reporting from the Wall Street Journal in April challenged the accuracy of its statements, leading Amazon to open an internal probe into the issue. Last month, dozens of entrepreneurs and investors also told The Wall Street Journal that Amazon used its investment deals in their companies to gain access to their internal data and use it to develop competing products. In a major congressional antitrust hearing last week, lawmakers grilled CEO Jeff Bezos (as well as CEOs from Apple, Facebook, and Google parent Alphabet) about how tech giants use their market power. In perhaps the most revelatory moment of the hearing, Bezos told them that he couldn't guarantee Amazon had never violated its own policies against using trend data about third-party sellers to inform Amazon's in-house brands. Amazon is already the subject of several investigations concerning its potentially monopolistic behavior as well as its treatment of workers. Those include probes by the FTC into "hundreds" of Amazon's past acquisitions, the House Judiciary Committee over a wide range of antitrust issues (which informed its hearing last week), and regulators in the European Union, who are looking into the company's treatment of third-party sellers specifically.  Amazon is also facing inquiries from officials in New York state, New York City, and California as well as the National Labor Relations Board over claims it failed to protect workers during the coronavirus pandemic or retaliated against them for speaking out. A spokesperson for the New York attorney general's office neither confirmed or denied the investigation. A spokesperson for the California attorney general's office referred Business Insider to the New York attorney general and the FTC declined to comment for this story. Avery Hartmans contributed reporting for this story.Join the conversation about this story » NOW WATCH: We tested a machine that brews beer at the push of a button
Poshmark is a social shopping app where users can resell clothing from their own closets or thrift stores. Some sellers earn tens of thousands of dollars in sales. Some Poshmark resellers are using social-media apps like Instagram, YouTube, and TikTok to not only grow their audiences, but also drive sales. "I think I would still be making a part-time income if it wasn't for Instagram," said Coco Cohen of Color Resale, a full-time Poshmark reseller from Portland, Oregon. Business Insider spoke with several Poshmark resellers about their social-media accounts and how they are using them to build their brands. Subscribe to Business Insider's influencer newsletter: Influencer Dashboard. Influencers often make money advertising the products of other brands. But some Poshmark sellers are using their social-media accounts — especially Instagram — to build their own brand awareness and drive sales. Poshmark is a social shopping app where users, sometimes referred to as "Poshers," buy and sell used clothing from their own closets, thrift stores, or other wholesale vendors on the Poshmark app. Some top sellers have turned their side hustles into full-time jobs, earning thousands of dollars each month. Jack Ermisch is a full-time Poshmark seller (@FlippedThrift) with an Instagram following of over 22,000 and a growing YouTube community of over 5,000 subscribers. He told Business Insider that he earns almost $1,000 in sales each week (after Poshmark takes a 20% cut). "It's given me a lot more returning customers," Ermisch said of his Instagram account. "There are people that specifically buy from me and my boyfriend just because they like our videos and they like our pictures." Some followers even purchase clothing from Ermisch straight through Instagram. Color Resale, another Poshmark closet (the app's term for a shop), has over 21,000 followers on Instagram. Coco Cohen, the owner of the Poshmark account, said she had prioritized building a strong community on social media as she was building her business.   As Cohen started sharing on Instagram, she realized she had a unique Poshmark story to share as a mother to a toddler. She leaned into this content, sharing tips for time management and helping others resell. "Then I started noticing that the more authentic I was, and the more I shared about things I didn't really think had to do with business, the more people started actually shopping from me," she said.  Today, her Instagram page has a high engagement rate of 6.4% (the average engagement rate sits around 3%) and Cohen said that nearly 80% of her Poshmark sales are driven through Instagram. Cohen was previously an early childhood education teacher in Portland, Oregon, and transitioned to reselling on Poshmark full time. Now she's making more on Poshmark than she did as a teacher, she said.  "I think I would still be making a part-time income if it wasn't for Instagram," she added. Instagram isn't the only social network that has proven useful to some Poshmark sellers. TikTok, YouTube, and Pinterest are also popular. Poshmark recently published a guide for its sellers titled, "How to Get Started on Social Media to Drive Poshmark Sales," which shares tips with users on how to use social media to drive traffic to their Poshmark closets. In the guide, the company said users that on average "20% more sales are made when you connect your Poshmark account to Pinterest." The company declined to comment on numbers for Instagram, TikTok, or YouTube. Poshmark also has its own version of 'influencer' programs for resellers Poshmark also has a few programs that create incentives for resellers to share Poshmark content on social media. The "Posh Ambassador" is the most accessible one, which provides resellers with the ambassador title, selling tips through a monthly newsletter, and the ability to appear on Poshmark's "Find People" page. "It just kind of helps your reputation, but it doesn't really boost up sales," said Poshmark seller Kaitlin Kao. Kao is a Posh Ambassador and runs Kao Closet, a popular account that has also gained traction on the short-form video app TikTok. Resellers can also earn Poshmark store credit through a rewards program called "Posh Affiliate," if they have least 5,000 followers on their respective social-media accounts and participate in "campaigns" or challenges, such as using hashtags like #FromWhereIPosh. "The more campaigns they participate in, the more Posh Credit they earn to use on the platform," a Poshmark representative said. Kao said you get a certain amount of points toward Poshmark credit for actions like posting in a Poshmark social-media campaign and or signing up a new user. Kao said she participates in these opportunities often, and as a student at UCLA is also part of its college ambassador program called "Posh on Campus." She uses both her TikTok and Instagram to take part, adding a link in her bio that offers 10% off for new users, she said. So far, she has recruited over 57 new Poshmark users. Some Poshers end up partnering with brands for sponsorships Some Poshmark resellers with large enough followings have also built their own influencer careers and been hired by other brands for sponsorships. One reseller, Kirsten Russel, owns the boutique Shop Kirsten (which is also her name on Instagram and Poshmark). Her Instagram following has grown to 24,000 since she started in 2017. "I do not think I would be where I am today without my Instagram," Russel said.  Brands started gifting Russel products for reviews and content in 2018, but it wasn't until 2020 that she started being hired for brand sponsorships. She said that shifting her account toward lifestyle content and making it more of a personal brand around herself helped land these deals. Now she has booked deals for paid posts with brands like Rollo, a printing services company. For more stories about influencers and the resale industry, read these recent Business Insider pieces: How a clothing reseller used TikTok to double her sales to over $7,000 per month on the social shopping app Depop: Emma Rogue went viral on TikTok with over 6 million views. Business Insider spoke with her about what it was like to go viral and how she's doubled her sales since. How Instagram and TikTok are becoming powerful tools to help Poshmark clothing resellers drive sales: Two Poshmark resellers in their early 20s share how they've been using the social media apps to drive sales back to their Poshmark accounts. How artists are using TikTok to drive thousands of dollars in sales and find new customers: Artists are using TikTok's fast-growing audience to generate art commissions and sales on the ecommerce platform Etsy. Join the conversation about this story » NOW WATCH: Why thoroughbred horse semen is the world's most expensive liquid
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The viral video-sharing app TikTok is currently facing a potential ban in the US over national-security risks due to its ties to China through its parent company, ByteDance. To prevent the ban from taking place, TikTok has been weighing a number of options, including "divesting" its operations in the US. Microsoft has emerged as a potential buyer. In a statement Monday to Reuters, ByteDance said it's "evaluating the possibility of establishing TikTok's headquarters outside of the US" to demonstrate it's "global company." The Sun reported ByteDance is set to announce it intends to establish TikTok's headquarters in London. Currently, TikTok's operations in London are based in a WeWork building. Visit Business Insider's homepage for more stories. LONDON, Aug 3 (Reuters) - TikTok's headquarters may be established outside the United States, its Chinese parent company ByteDance said on Monday following a report that the video-sharing platform may move its operations to London. "ByteDance is committed to being a global company. In light of the current situation, ByteDance has been evaluating the possibility of establishing TikTok's headquarters outside of the US, to better serve our global users," a ByteDance spokesperson said. Britain's Sun newspaper reported on Monday that ByteDance would soon announce its intention to set up shop for TikTok in the British capital, where it would join other tech majors such as Google and Facebook who have a strong presence there. TikTok's offices in London are currently based out of a WeWork building, and the app's European hub is currently located in Dublin. However, TikTok doesn't have its own headquarters separate from ByteDance, whose main offices are in China. The possibility of establishing TikTok headquarters comes as uncertainty builds around how much longer ByteDance will run the app's operations in the US. The Trump administration has been threatening to ban the app in the US since early July over its ties to China. In the wake of a threatened ban, ByteDance has been exploring "divest" its US operations. Microsoft has emerged as a potential buyer. Recently, TikTok's valuation has been estimated between $30 billion and $50 billion. The app has more than 2.3 billion downloads worldwide, and a userbase in the US as high as 80 million.Join the conversation about this story » NOW WATCH: Why electric planes haven't taken off yet
Steve Jobs launched two of the most valuable companies — Apple and Pixar. Successful leaders like Google cofounder Larry Page and former Yahoo CEO Jerry Yang both went to Jobs for leadership advice.  Jobs believed that smart leaders will focus on only one goal each year, instead of making a list of what they want to achieve.  Concentrating on one goal at a time can allow leaders to obtain greater focus, Jobs said.  Visit Business Insider's homepage for more stories. In the fall of 2007, newly appointed Yahoo CEO Jerry Yang went to Apple CEO Steve Jobs for help turning the floundering internet giant around. Jobs gave him, and Yahoo's top executives, a simple but profound piece of advice. At an off-site meeting with about 200 Yahoo execs, Jobs explained in a presentation that many companies will make a list of 10 things they want to achieve in a year, but "the smart companies will take that list and shrink it to three or four items," Business Insider's Nicholas Carlson wrote in his book "Marissa Mayer and the Fight to Save Yahoo!" Then Jobs said, "This is how I do it. I take a sheet of paper, and I say, 'If my company can only do one thing next year, what is it?' Literally, we shut everything else down." Much like any company founder, Jobs faced many obstacles getting Apple off the ground. The tech giant, now at a $1.92 trillion market capitalization, was actually struggling in the 1990s after experiencing a series of bad financial results. That is until Jobs returned as the company's CEO and ultimately built it up to the company it is today. The firm could be the first to reach a $2 trillion market value. Jobs was an assertive, but at times ruthless, leader. Following a hearing on antitrust concerns about Apple and other tech companies like Google and Facebook, the House Judiciary Committee's subcommittee on Antitrust released a series of Jobs' emails during his time as CEO of the tech giant.  These internal messages showed Jobs blocked other companies from offering digital bookstores for Apple products unless they gave the company a cut of their revenue and forced developers of subscription-based apps to use his company's payment service, Busines Insider previously reported. Jobs was tough after former developer Joe Hewitt objected to Apple's plan to write apps for the iPhone and iPad in the native programming language instead of translating with a software tool. "I'd suggest we just cut Joe off from now on," the founder advised his subordinates in an email. The Apple founder used manipulative tactics to ensure company victories, particularly in boardroom meetings with some of the most powerful company executives in the world. For example, he wasn't afraid to demand perfection and refuse compromises out of his products. In fact, the late founder thought adequacy was "morally appalling."  When Google cofounder Larry Page was about to become CEO in 2011, he turned to Jobs in the same way Yang had. Jobs, who was nearing the end of his life, decided to be gracious with Google, an Apple competitor. "The main thing I stressed was focus," Jobs told Isaacson. During his second, famously successful run as Apple CEO, Jobs applied this strategy to the "top 100" retreats he would hold with Apple's leadership, biographer Walter Isaacson writes in the Harvard Business Review. On the retreat's last day, Jobs would stand in front of his employees with a whiteboard and write down suggestions for what Apple should be doing next. Jobs would then cross off the ones he considered "dumb," Isaacson said, and "after much jockeying" finally come up with a list of 10. Then he'd cross out the bottom seven for the final list. The same technique that Jobs used for his company can be used to arrange your day, said Tim Ferriss, author of "The 4-Hour Workweek." Before starting your day, Ferriss advises in an episode of his podcast, write down three to five things causing you the most stress. Ask yourself about each point, "If this were the only thing I accomplished today, would I be satisfied with my day?" Then ensure that you do whatever it takes to accomplish that task. "If I have 10 important things to do in a day, it's 100% certain nothing important will get done that day," Ferriss said. This strategy is remarkably simple but allows people to take the abstract concept of "focus" and boil it down to a practical application. Richard Feloni contributed to an earlier version of this post. SEE ALSO: How to harness the power of the 'Ben Franklin Effect,' a psychological trick that will make you more likable at work and in life Join the conversation about this story »
It may be difficult for Google to build an independent social networking site on Facebook or Twitter. However, this does not prevent the tech giant ... The post Google Maps now lets you follow other users appeared first on
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Ferrari met analysts' expectations for Q2 earnings, but provided a weaker forecast for 2020 amid the coronavirus pandemic. Q2 revenues declined 42% versus Q2 2019, and Ferrari shipped half as many vehicles in the quarter as it did in Q2 last year. Visit Business Insider's homepage for more stories. Italian luxury carmaker Ferrari trimmed its sales forecasts for this year on Monday, after reporting decreasing, albeit in line with expectations, core earnings in the second quarter due to the coronavirus pandemic. The 'Cavallino Rampante', or 'Prancing Horse', said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) would come in between 1.075 billion euros ($1.26 billion)and 1.125 billion euros this year. That compare with the already-cut guidance it provided in May for an adjusted EBITDA between 1.05-1.20 billion euros. In a statement, Ferrari said total shipments of "1,389 units" in the quarter were "halved versus prior year, as a result of both production and delivery suspensions." Revenue for Q2 declined 42%. Milan-listed shares in Ferrari were down 0.6% at 1135 GMT, after rising up to 2.2% before results were released. On the NYSE, shares were flat in premarket trading, at $182. (Reuters reporting by Giulio Piovaccari, editing by Stephen Jewkes)FOLLOW US: On Facebook for more car and transportation content! Join the conversation about this story »
Hi! Welcome to the Insider Advertising daily for August 3. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected] Today: Advertisers return to Facebook, Netflix's new CMO Bozoma Saint John, and Microsoft reportedly eyes TikTok.   Advertisers not part of the boycott also cut back spending on Facebook in July, but the platform says it will be just fine July is over. So what was the upshot of the Facebook ad boycott? According to analytics firm Pathmatics, Facebook's top 1,000 advertisers spent far less on the platform in July compared to the same period a year ago, including some that didn't publicly join the boycott, reports Tanya Dua. But some boycotters like Hershey and North Face said they would resume spending on Facebook in August, and Facebook downplayed the boycott's impact. Read the full story here. How Netflix's new CMO Bozoma Saint John rose to become the biggest 'badass' in marketing Tanya Dua and Patrick Coffee profiled Netflix's incoming chief marketing officer Bozoma Saint John, who is known as a glamourous executive and uses her close ties to celebrities to work with brands like Pepsi and Apple. "There are some marketers that lead with logic and data, and there are other marketers that lead with instinct and culture; [Boz] sits far out on the instinct and culture side," said friend Jonathan Mildenhall, who is cofounder of consulting firm TwentyFirstCenturyBrand. Others warned that Saint John's growing personal brand could overshadow the companies she works at.  Read the full story here. Trump to reportedly order TikTok's owner ByteDance to sell its US operations On Friday, President Donald Trump reportedly planned to ask China's ByteDance to sell its US ownership of TikTok. It's unclear if Trump has power to order a foreign company to sell its ownership but the report comes on the heels of the Trump administration saying that it was considering banning TikTok because of the app's ties with China. ByteDance offered to 'divest' its stake in TikTok's US operations to avoid Trump ban. Fox Business Network reported that Microsoft is in talks to buy the stake. The New York Times also cited a person with knowledge of the talks between Microsoft and TikTok in a report. Read the full story here. More stories we're reading: Marvel insiders say they're skeptical of its recent pledge to improve diversity in its comics and company, after employing only 2 Black editorial staffers in the last 5 years (Business Insider) Disney Plus executive Agnes Chu is replacing Condé Nast Entertainment president Oren Katzeff, who made offensive jokes about women and people of color (Business Insider) Brands like Target and ASOS are doubling down on the pajama-inspired 'day gown' as Americans stuck home look to elevate their leisurewear (Business Insider) 'People were sick to their stomachs with his fake sincerity': Frustrated Amazon sellers slam Bezos for claiming his retail platform empowers small businesses (Business Insider) Peacock said it signed up 10 million users, but what marketers should watch for is time spent (Insider Intelligence) BuzzFeed starts selling products directly to consumers (Wall Street Journal) Pinterest surges on July sales lift as advertisers, users return (Bloomberg) Thanks for reading and see you tomorrow! You can reach me in the meantime at [email protected] and subscribe to this daily email here. — LaurenJoin the conversation about this story » NOW WATCH: Why Pikes Peak is the most dangerous racetrack in America
Facebook is rolling out official music videos across its platform as well as launching a new music destination on Facebook Watch in India, the United States and Thailand.
Photo by Andre Borges/NurPhoto via Getty Images Facebook has blocked the accounts of a dozen allies of President Jair Bolsonaro of Brazil, BBC News reported. Brazil’s Supreme Court ordered the 12 accounts blocked back in May, as they are under investigation for allegedly spreading false news about judges in the country. A Supreme Court judge said Friday that Facebook had not fully complied with that earlier order. A Facebook spokesperson said in a statement to The Verge that the company had complied with the order, which it called “extreme” by “restricting the ability for the target Pages and Profiles to be seen from IP locations in Brazil.” The Supreme Court fined the company 1.92 million reais (about $368,000) for not blocking worldwide access to the accounts in question. It could... Continue reading…
A new report shows the average prices that hackers are willing to pay in exchange for control of different online accounts that have been compromised. Selling stolen login credentials is a common practice on the dark web, a collection of underground networks, where hackers will pay a high price for access to personal data, counterfeit documents, and hacked social media accounts. Compromised Gmail and Facebook accounts are among the priciest stolen logins, possibly because they could be leveraged to gain broader access or trick other people into handing over information. Visit Business Insider's homepage for more stories. Can you put a price tag on the security of your online accounts? Hackers certainly can — and a new report shows the average price they're willing to pay for compromised account logins traded on the dark web. Researchers with Privacy Affairs, the research arm of cybersecurity firm NordVPN, analyzed hundreds of recent listings on the dark web, where hackers routinely exchange stolen credentials. The researchers indexed the average prices of different types of logins for sale. A hacked Facebook account goes for $74.50 on average, while Instagram accounts averaged $55.45 and Twitter logins went for $49 on average.  Daniel Markuson, a NordVPN analyst, said in a statement that the selling prices for compromised social media accounts are "relatively low," but noted that hackers typically access accounts in order to pull off more lucrative scams. "This information can be used in many fraudulent activities, including identity theft, so its protection shouldn't be underestimated," Markuson said in a statement. A hacked Gmail account averaged a higher selling price — $155,73, on average — due in part to the fact that it could potentially provide a wide range of insight into a target's life and other accounts. Hackers also regularly use compromised email accounts to trick other victims into sending compromising information — email scams cost businesses $1.7 billion in 2019, the FBI said, and a FireEye study found that 91% of all cybercrimes start with an email. Even more lucrative than social media accounts are payment processing service accounts, which hackers use to send cash transfers from other grifts in order to avoid detection by law enforcement. Hackers offered to use stolen PayPal accounts to transfer amounts ranging from $1,000 to $3,000 in exchange for a $320 fee on average, according to the report. Meanwhile, information on people's credit cards and debit cards sell for less — anywhere from $15 to $35 on average — in part because those transactions are easily traceable. The report recommends that people regularly change their passwords in order to avoid having their accounts compromised. Services like Have I Been Pwned are available to check whether a login and password have been stolen in a past breach. Using a password manager can also help keep accounts secure. Read the full report here.Join the conversation about this story » NOW WATCH: Swayze Valentine is the only female treating fighters' cuts and bruises inside the UFC octagon
Technology is emerging day-by-day so the frameworks.From many years progressive web apps are emerging in the market.They are taking place in web apps because progressive web apps are a combination of hybrid regular web apps and a mobile app.To know more about the progressive app you can read our previous blog.In this article, we are going to tell you those top frameworks used for developing progressive web apps.Read More at : Us onAppsinvo | Behance | Facebook | Instagram  | Linkedin | Dribbble | Twitter | Tumblr | Pinterest | Flickr
Facebook launches Instagram threads messaging app for close friends.The messaging app enables you to share your story in a private circle.
Canada’s Inuit culture has come to Instagram and Facebook.
Social Media is a field that has been growing generously from strength to strength in the past few recent years.However, this is also a professional field that comes with its opportunities and challenges.Of course, as a social media advertising professional, you are no doubt well aware of all these facts.Moreover, it offers a wide range of opportunities, which is why digital diplomacy has become one of the very core diplomatic skills of the 21st century.There are more than 65 million users who are using actively promoting their business on Face book, which makes it pretty safe and surely if you want to have a presence on social media.Visit Digital Roy AcademyIt’s easy to get started on Face book because almost all content formats work great on Facebook – text, images, videos, live videos, and Stories.If you want to learn more about succeeding with the updated Face book algorithm come check our Facebook page.YouTube: YouTube is a video-sharing platform where users watch a million hours of video every day.Finally, you can also advertise on YouTube to increase your reach on the platform.Best Digital Marketing Course In BangaloreWhatsApp: WhatsApp is a pretty known famous and sharing app for most people.
Competition on the web has increased, but it isn’t the only reason for hiring a digital marketing agency California.For example, if your target audiences are business executives then you should put more focus on LinkedIn.Facebook with over 2.27 billion users is the only platform suitable for every need including business and personal.When new platforms are popping up every day; when there is a platform for specific needs and users, you shouldn’t take chances as compromising on marketing could cost your dearly in terms of website traffic, leads and sales.It is better to hire a digital marketing company California that is capable of optimizing your business for every platform.It works with a detailed plan that shows how the web traffic would grow.
President Donald Trump has announced that he will sign a decree banning TikTok in the United States today. By thus increasing pressure on the Chinese ... The post Trump will be ban TikTok until it is purchased by an American company appeared first on
Companies have a growing need for tools to help them store, analyze, and manage massive amounts of data. Business Insider asked venture capitalists to name the top startups in the big data space — including ones that they have no relationship to — and why they think the company will boom in 2020.  Here are the 29 startups they named, plus how much they've raised. Visit Business Insider's homepage for more stories. Data operations and data engineering have taken off, investors say. Companies are increasingly collecting vast swathes of data, though it's often fragmented across the silos of their business. This makes tools for processing that data — and staying in line with regulations to keep it private and secure — more necessary than ever, says Derek Zanutto, general partner at CapitalG (formerly Google Capital). "It's a pretty interesting space now given the pain points you're seeing from large enterprise accounts," Zanutto told Business Insider.  To glean value from their data, companies are also turning to tools to analyze and process data using AI and machine learning, which can have a "pretty dramatic impact" on an organization, says Louisa Xu, partner at IVP. "Data science budgets aren't going away anytime soon," Xu told Business Insider. Zanutto, Xu, and more than a dozen other investors recommended the top 29 data startups they believe will thrive this year and why (all funding data from PitchBook unless otherwise noted):SEE ALSO: These are the best strategies to cut cloud computing costs during the pandemic, according to experts Elementl Startup: Elementl Total funding raised: Undisclosed What it does: Elementl develops an open source software library to build applications for data engineers and data scientists to collaborate on and process data. Recommended by: Louisa Xu, IVP (no relationship)  Why it will boom: "It's a much easier way for developers to create clean, usable accessible data... The founder is a former engineer from Facebook and created GraphQL, which is getting strong." Trace Data Startup: Trace Data Total funding raised: $5 million What it does: Trace Data builds a platform for managing data while making sure it stays private. Recommended by: Rama Sekhar, Norwest Venture Partners (no relationship) Why it will boom: "Trace Data is at the intersection of two massive markets: data management and cybersecurity. Security is all about managing and tracking data for which Trace Data has developed a unique and defensible approach. The team's backgrounds from Mulesoft and AppDynamics are a perfect fit for solving this nontrivial problem." Monte Carlo Startup: Monte Carlo Total funding raised: undisclosed What it does: Monte Carlo builds a data monitoring platform that helps make sure data is reliable.  Recommended by: Glenn Solomon, GGV Capital (investor) Why it will boom: "If you're building a data driven business, and your data is not accurate, you'll be making bad decisions based on bad data. Turns out this is a really common problem. You don't get accurate data and have missing data or failed data. They really solved this problem. They're in their early days, but they're looking extremely promising so far." Materialize Startup: Materialize Total funding raised: $8.5 million What it does: Materialize builds an engine for streaming and accessing data, allowing users to get updated within milliseconds. Recommended by: Arif Janmohamed, Lightspeed Venture Partners (investor) Why it will boom: "They really focused on at-scale data warehousing insights...The team here is exceptional." Kaskada Startup: Kaskada Total funding raised: $9.77 million  What it does: Kaskada is a data science startup that builds a platform to help data scientists and engineers develop machine learning features. Recommended by: Voyager Capital's James Newell (investor) Why it will boom: "They help organizations drive more impact from machine learning by increasing the speed of innovation and computing features in real time. Kaskada's leaders have built similar systems for Google and AWS and bring this caliber of cutting-edge technology to other enterprises with their feature engineering platform."   Tonic Startup: Tonic Total funding raised: $10.76 million What it does: Tonic has developed a platform that can create mock datasets based on characteristics of real, secure ones, to help developers, data scientists, and salespeople have access to a company's data without running afoul of privacy standards or regulations. Recommended by: Glenn Solomon, GGV Capital (no relationship) Why it will boom: " is focused on the problem of: As a developer, you need production data to work on. You need production data to make sure [a product] works right. The problem with production data is it's sensitive. Production data is going to have people's names in it and their order history. That stuff is super secure. Given data privacy regulations, you can no longer hand it out to developer to use... It's very difficult to hide that information and still make that data relevant. This is a company that's figured out how to do that."   Fishtown Analytics Startup: Fishtown Analytics Total funding raised: $12.9 million What it does: Fishtown Analytics builds dbt, an open source data analytics tool to help with gathering insights. Recommended by: Martin Casado, Andreessen Horowitz (investor) Why it will boom: "dbt has an incredibly vibrant community of users who love the product — it's truly a best-of-breed for bottoms up, open source projects." Cyral Startup: Cyral Total funding raised: $15.1 million What it does: Cyral develops a platform that helps companies protect their most valuable information against unauthorized access while still keeping applications running smoothly. Recommended by: Rama Sekhar, Norwest Venture Partners (no relationship) Why it will boom: "The conversation started around GDPR. It evolved into 'How do we protect people's personal information, credit card information? And how do we track that as it goes across multiple layers?'" Hypersonix Startup: Hypersonix Total funding raised: $15.1 million What it does: Hypersonix is a cloud platform that helps businesses in e-commerce, grocery, restaurant, hospitality and other consumer-focused industries, use AI to turn their data into actionable business information in real time. Recommended by: Intel Capital (investor) Why it will boom: Many businesses have their information stored in different silos, which has been a key challenge for AI technologies which needs quick and easy access to data. Hypersonix is addressing that need with an autonomous AI platform that uses a virtual assistant to collect and process data stored in different locations and quickly turn them into "predictive and insights," an Intel Capital spokesperson told Business Insider. Anyscale Startup: Anyscale Total funding raised: $20.6 million What it does: Anyscale builds an open source platform that helps developers build distributed applications, or large-scale applications distributed on multiple networked computers. Recommended by: Louisa Xu, IVP (no relationship) Why it will boom: "The underlying trend is, distributed computing is becoming the norm, not the exception... The challenge is to find a way to build distributed applications without all the infrastructure underlying it." Rockset Startup: Rockset Total funding raised: $21.67 million What it does: Rockset builds a search and analytics engine to help developers build cloud apps.  Recommended by: Jerry Chen, Greylock Partners (investor) Why it will boom: "Rockset is the first real-time database in the cloud... It allows developers to build the next generation of apps." Streamlit Startup: Streamlit Total funding raised: $27 million What it does: Streamlit builds an open source project for data scientists and developers to easily build AI applications. Recommended by: Glenn Solomon, GGV Capital (investor) Why it will boom: "They noticed in their prior jobs that there's a big gulf in what they do — building machine learning models — and operationalizing that in companies. They're trying to close that gap... They haven't yet tried to commercialize, but a ton of enterprises are saying to them: We're using you and we want to pay you and we know what we need from you to pay. That's what they're building now." Labelbox Startup: Labelbox Total funding raised: $38.9 million What it does: Labelbox built a system for "cleaning" data for use in artificial intelligence applications, through categorizing, labeling, and more.  Recommended by: Bucky Moore, Kleiner Perkins (investor) Why it will boom: "Any new AI application begins with the collection of labeled data necessary to train the model. Labelbox has built a training data platform that enables organizations to collaboratively manage, annotate, and iterate on data to accelerate the improvement of AI and ML models." Fauna Startup: Fauna Total funding raised: $56.5 million as of July 2020 What it does: Fauna builds an application program interface (API) that helps developers access data and develop web and mobile applications without having to manage servers, eliminating much of the manual grunt work developers usually have to go through to build a secure and scalable app. Recommended by: Madrona Venture Group (investor) Why it will boom: "Fauna just pulled in a big round and secured Bob Muglia [former CEO of data warehousing startup Snowflake] as the chairman of the board."    ExtraHop Startup: Extrahop Total funding raised: $61.62 million as of May 2014 What it does: ExtraHop is a cloud security and analytics startup with a core product that uses machine learning to analyze customer networks to spot threats and make sure applications are running properly. Recommended by: Madrona Venture Group (investor) Why it will boom: "Extrahop has been in the data business for years and since adopting a solution-focused on security has grown substantially."  DefinedCrowd Startup: DefinedCrowd Total funding raised: $63.3 million as of May 2020 What it does: DefinedCrowd builds a data science platform to improve training data used in machine learning. Recommended by: Voyager Capital's James Newell (no affiliation) Why it will boom: Founded by Microsoft veteran Daniela Braga, the startup is gaining momentum, Newell said. It recently raised $50.5 million, which the company said was the largest-ever Series B round raised by a woman-led US artificial intelligence company. Starburst Data Startup: Starburst Data Total funding raised: $64 million What it does: Starburst Data develops tools that let developers rapidly access and analyze huge amounts of data. Recommended by: Jai Das, president of Sapphire Ventures (no relationship) Why it will boom: Starburst Data has come up with tools that make it easy and cost-effective to access enterprise data that's stored in different locations, said Jai Das, president of Sapphire Ventures. "Starburst Data enables any data analyst to access and operate data in these various silos," he told Business Insider.       Igneous Startup: Igneous Total funding raised: $67.66 million  What it does: Igneous is an enterprise data management startup that helps customers such as high tech manufacturers and financial institutions manage the billions of files and petabytes of data in their data centers. Recommended by: Founders' Co-op's Chris DeVore (no relationship) Why it will boom: "Igneous is still in the quiet growth phase, but has incredible technical leadership and the right solution for the market; they last raised $25 million about a year ago so not yet in the unicorn club but trending." Kong Startup: Kong Total funding raised: $71 million What it does: Kong allows developers to connect their services and APIs (application programming interfaces) to build apps across clouds and data centers. Recommended by: Glenn Solomon, GGV Capital (investor) Why it will boom: "You can think of it as a data nervous system of a company. They route and traffic all the data that lives in a business. You can do a lot in that position. You can make sure the applications and services that are most important get the highest quality. You can make sure that security is maintained." StreamSets Startup: StreamSets Total funding raised: $77.25 million What it does: StreamSets develops a platform to help companies manage, monitor, and stream large sets of data. Recommended by: Aaron Jacobson, New Enterprise Associates (investor) Why it will boom: "We've seen a breakout in enterprise demand for cloud data lakes and StreamSets offers the leading solution for companies to deliver their data to the cloud." Dremio Startup: Dremio Total funding raised: $115 million What it does: Dremio builds a data lake engine, which helps companies analyze and gather insights from large amounts of data. Recommended by: Rama Sekhar, Norwest Venture Partners (investor) Why it will boom: "Data is exploding, but data lakes have failed to live up to their promise. Dremio uses a brand new approach which allows businesses to keep their data where it is while the Dremio Cloud Data Lake Engine finds it and serves up analytics on demand and in real time."  InfluxData Startup: InfluxData Total funding raised: $120.73 million What it does: InfluxData is an open source database for analyzing and monitoring data from Internet of Things applications and connected devices. Recommended by: Rama Sekhar, Norwest Venture Partners (investor) Why it will boom: "Sensors on devices from cars and clothing, to factories and farms generate data that is best understood when organized in the time dimension, making time-series databases the fastest growing database category right now. InfluxData's new InfluxDB Cloud service is the most powerful time series database as a service on the market." Qubole Startup: Qubole Total funding raised: $122 million What it does: Qubole builds a cloud-based platform that automatically manages and analyzes data. Recommended by: Arif Janmohamed, Lightspeed Venture Partners (investor) Why it will boom: "The team there invented Hive which was an early open source project in the data space. They were previously at Facebook. Qubole has built a cloud-first set of data engines that help some of the largest companies in the world solve problems and build applications." Domino Data Lab Startup: Domino Data Lab Total funding raised: $123.6 million What it does: Domino Data Lab's platform helps businesses manage their AI tools. CEO Nick Elprin said the startup makes it possible for businesses to avoid the confusion and clutter caused by having different, uncoordinated AI tools. "One of the chief analytics officers we work with actually said her data science organization was like a bunch of six-year olds playing soccer," he told Business Insider in a recent interview. Recommended by: Daniel Doctor, managing director of Dell Technologies Capital (investor) Why it will boom: Major companies use Domino Data Labs's technology, including Bristol-Myers Squibb, Bayer, VMware and Dell, Daniel Doctor, managing director of Dell Technologies Capital, said. The startup's platform has emerged as "the data science system of record that enables enterprises to develop, deploy, and manage high-impact machine learning models quickly and easily," he told Business insider.     Clari Startup: Clari Total funding raised: $146 million as of October 2019 What it does: Clari's platform uses artificial intelligence to turn data collected from a company's sales, marketing, account management operations into insights that different teams can use to win over and retain customers. Recommended by: Madrona Venture Group (investor) Why it will boom: "Clari is disrupting legacy products and has a huge impressive list of customers including public companies that use them to fine tune to forecasts." Highspot Startup: Highspot Total funding raised: $212.2 million as of December 2019 What it does: Highspot uses machine learning to help salespeople land and retain customers by organizing and recommending the types of sales content — such as brochures or case studies — most likely to help them win a deal. Recommended by: Madrona Venture Group (investor) Why it will boom: Run by one of Microsoft CEO Satya Nadella's former lieutenants, Highspot, the startup is already a leader in its industry, Madrona spokeswoman Erika Shaffer said. Highspot raised $75 million late last year from investors including Microsoft rival Salesforce.  Qumulo Startup: Qumulo Total funding raised: $357.15 million as of July 2020 What it does: Qumulo is a hybrid cloud storage startup that helps customers manage data inside their own data centers and the cloud. Recommended by: Founders' Co-op's Chris DeVore (no relationship) Why it will boom: "Qumulo surprised a lot of folks with their recent financing — they had some early challenges but have quietly been executing really well for several years, which investors obviously noticed and appreciated." Collibra Startup: Collibra Total funding raised: $389.96 million What it does: Collibra builds a data intelligence platform to help companies manage their data and make decisions based off of it. In addition, it helps companies manage data-related policies. Recommended by: Derek Zanutto, CapitalG (investor) Why it will boom: "As data within the enterprise continues to proliferate at a rapid pace and data regulations become more stringent, we believe that Collibra is well positioned to become the system of record for data." ThoughtSpot Startup: ThoughtSpot Total funding raised: $743.7 million What it does:  ThoughtSpot helps businesses use AI to visualize their data in order to make decisions faster. Recommended by:  Jai Das, president of Sapphire Ventures and Arif Janmohamed, Lightspeed Venture Partners (investors) Why it will boom: Cloud-based data visualization has become a critically important technology that gives businesses an quick and more convenient way to understand business trends and needs through graphic images that are easy to understand and interpret. Salesforce's Tableau has been one of the leading platform's in this space. ThoughtSpot is considered one of its top rivals, and investor Jai Das, president of Sapphire Ventures, says the startup has been growing steadily "with its simple, easy-to-use search based interface." "The company makes it really easy for knowledge workers to slice and dice their data in order to get timely insights," he told Business Insider. Arif Janmohamed, partner at Lightspeed Venture Partners, says ThoughtSpot has built a modern version of Salesforce's data analytics platform Tableau. "ThoughtSpot is tackling the massive business intelligence space," Janmohamed said. "The team there is exceptional. Some of the customers are some of the largest fortune 500 companies. They're solving the problem of business intelligence."  
For years, potential competitors kept an eye on Tesla as it absorbed all the risk of creating a viable market for electric vehicles. While the electric-vehicle market hovers in the single digits, the conventional wisdom was that Tesla would exhaust itself proving that consumers actually wanted to go electric. But with the EV market now poised to rapidly grow, Tesla finds itself with the most powerful brand, nurtured for more than a decade by charismatic, controversial CEO Elon Musk. Visit Business Insider's homepage for more stories. In the car business, it's often said that brands are grand, but products pay the bills. In other words, you can capture or retain customers with what your company stands for, but long-term, if you don't have great vehicles, you're going to have a problem. For almost its entire history, more than 15 years, Tesla has inverted that wisdom. A few years ago, the carmaker was barely selling any vehicles relative to its global competitors. Last year, Tesla delivered only about 250,000 vehicles, while General Motors sold almost 8 million. Investors have decided that this means Tesla should be worth $300 billion in market capitalization, more valuable than GM, Ford, and Fiat Chrysler Automobiles combined — and topping Volkswagen and Toyota, the two biggest automakers on Earth. Vehicle sales obviously don't add up to $300 billion in value; Tesla's quarterly revenue remains far below a Detroit Big Three car company. It's a bet on the future, and a prediction that Tesla should be able to expand its near-monopoly of the EV market as that market grows from a currently tiny basis, merely 1-2% of worldwide sales. Investor optimism is that Tesla will maintain a dominant share, increase it scale, and notch enviable profit margins, perhaps more than 10% (high-volume luxury carmakers operate at that level, while mass-market companies run in the single-digit range).  But for now, the Tesla brand is mighty. Here's how that happened:FOLLOW US: On Facebook for more car and transportation content! The Tesla brand predates its first vehicle. But it was the original Roadster that announced Tesla's objectives to the world in the mid-2000s. The Roadster combined high-performance with a save-the-planet mission. The previously best-known electric car was the innovative EV1, introduced in the 1990s, but infamously killed by General Motors. The original Tesla Roadster, with its sub-4-second 0-to-60 mph time, proved that an electric car could be more than a glorified golf cart. The mission was clear, but it needed a compelling megaphone in the person of CEO Elon Musk. After selling PayPal to eBay in 2002, Musk sunk hundreds of millions of dollars into Tesla and other futuristic ventures. Musk cultivated the image of a maverick nerd who lived by his own rules. His brand-building wasn't limited to Tesla. With SpaceX, he sought to make humanity "multi-planetary," to "back up the biosphere" by ushering in a new age of private spaceflight, with an ultimate goal of colonizing Mars. He was like a science-fiction film character, at times a hero, at times something of a villain — or at least a controversial antihero. He mingled with celebrities. At times, he did more than mingle. After three marriages (twice to Talulah Riley), he partnered with musician Grimes (real name: Claire Elise Boucher). The two later welcomed a son to the world. A big part of the Tesla brand was Musk's seemingly reflexive, problem-solving entrepreneurship, cultivated in Silicon Valley. After he got stuck in LA traffic en route to SpaceX HQ, he founded the Boring Company to dig tunnels under the freeways. He also served as chairman of his cousin Lyndon Rives' startup, SolarCity. Tesla acquired the company in 2016. Musk's master plan was to power electric vehicles, among other things, by using what he called the giant fusion reactor in the sky — the Sun. Tesla's brand was built using almost zero money spent on advertising. Instead, Musk presided over spectacular product unveilings, such as the New Roadster in 2017. Musk also put himself out there as the leading high-tech business leader with ideas about how to decarbonize the planet and head off a global-warming disaster. In 2015, he gave a speech at the Sorbonne calling for a carbon tax. Musk also moved quickly when Donald Trump was elected president in 2016. The CEO wanted to press the carbon-tax case with the chief executive. Musk also kept Tesla in the news for less virtuous reasons. A failed effort take the company private in 2018 landed him in trouble with the Securities and Exchange Commission. He wound up losing his chairman title and had to pay a multimillion-dollar fine. Musk also routinely taunted prominent Wall Street short sellers, at one point in 2020 creating Tesla-branded short shorts. In fact, the entire Tesla-Wall Street story contributed to the brand. By 2020, after a monumental rally, Tesla had become the most valuable automaker in the world, worth $300 billion. Early investors were sitting on a 6,350% return. Musk also knew how to sense when trends were shifting. As the electric-vehicle market expanded, some tech firms moved into self-driving cars. Musk then amplified Tesla's efforts, taking personal responsibility for the carmaker's Autopilot semi-autonomous tech. Tesla's tech was as a big a part of the brand as anything else. The robots at its California factory became mechanical characters, with names from the "X-Men" movies. They even costarred with Musk in revealing new vehicles, such as the dual-motor Model S in 2014. If it seemed like Musk was channeling Tony Stark from the "Iron Man" movies — well, it was actually the other way around. Robert Downey Jr.'s character was based on Musk. Musk is a genius at crossbranding. When SpaceX launched its Falcon Heavy rocket in 2018, Musk's personal Tesla Roadster was onboard, as the payload. It was the most stunning car commercial in human history. But it wasn't all a big show under a big tent. Tesla was selling cars, from the Model S sedan ... ... to the Model X SUV. The Model 3 was a mass-market sedan ... ... And it had a crossover SUV stablemate, the Model Y. There was also the Tesla Semi ... ... The updated new Roadster ... ... And the completely out-there Cybertruck. Beyond vehicles, Tesla applied its battery expertise to both home and utility grade storage. After the merger with SolarCity, Tesla introduced its Solar Roof product. The panels were the roof tiles, rather than sitting on top of the roof. Even Tesla's factories became part of the branding story. The first plant in California, later joined by a Gigafactory in Nevada. A factory in Shanghai went online in 2020, and two new plants were announced for Berlin and Austin, Texas. It wasn't as if Tesla stood alone in the electric-car market. Competitors included the versatile, affordable Chevy Bolt EV (starting at $37,000) ... ... And the exotic, anything-but-affordable Porsche Taycan (started at $104,000). But even though the EV market globally accounts for just around 1% of total vehicle sales, by 2020 Tesla had achieved a near monopoly level of share: roughly 80%. The power of brand-delighted Musk. He never wanted to go it alone, and the arrival of numerous new EVs from major automakers simply meant that Tesla's mission of accelerating the shift away from fossil fuels was for real. An electric VW bus — I.D. Buzz — was but a single example. General Motors and CEO Mary Barra committed to an electric destiny, with a plan to launch 22 new EVs by 2023 and creating an entire battery technology, called "Ultium." GM also revived the Hummer nameplate — as a GMC-badged all-electric pickup with a claimed 1,000 horsepower and 0-60 mph time of 3 seconds. And Ford created the Mustang Mach-E, the first new Mustang-branded car since the mid-1960s. Even Musk rival Henrik Fisker got back in the game, founding a new company, Fisker Inc., that promised four new EVs by 2025. But nobody has the brand power that Musk has created for Tesla. It's apparent now that the competition is playing catch-up. But that might be impossible. Experian recently said that of Tesla owners it surveyed, more than 80% would own again. It isn't going to be easy to take on Tesla.