Business


 


A Guide to M&A Representations and Warranties Insurance in Mergers and Acquisitions

By Richard D. Harroch, David E. Weiss, and Richard V. Smith There is a significant emerging trend in the use of M&A representations and warranties insurance in mergers and acquisitions of privately held companies. Both strategic acquirers and private equity buyers have gotten increasingly comfortable in using such insurance for their acquisitions, providing meaningful benefits to both the buyer and seller in an acquisition. As a prelude, representations and warranties by a seller are key compone...
Tags: Court, Sales, America, San Francisco, Aig, David, United States, Silicon Valley, Richard, Wall Street Journal, Company, Orrick Herrington Sutcliffe, The Company, Court of Appeals, Reed Smith LLP, Richard D Harroch


Leaked numbers reveal massive revenue growth at $3 billion Google-backed startup UiPath (GOOGL)

UiPath, an artificial intelligence company backed by Google and Sequoia, will soon hit $200 million annual recurring revenue, sources told Business Insider. Though founded in 2005, the company had just $3.5 million in ARR in 2016.  The company, which is backed by Accel, CapitalG and Sequoia, was last valued at $3 billion in a September funding round. The buzzy and well-funded $3 billion artificial intelligence startup UiPath will soon hit $200 million in annual recurring revenue, sources told...
Tags: Google, Lyft, US, Trends, David, Army, Romania, Silicon Valley, Accel, Sequoia, Internal Revenue Service, ARR, UiPath, PitchBook Alphabet


The UK government’s settled status app for EU nationals is an embarrassment

Brexit is imminent. While the debate around the terms of the UK’s departure from the European Union is framed as a battle between “leavers” and “remainers,” it’s often easy to forget that there are over three million EU citizens caught in the middle. Some of these people have lived in the UK for over 40 years. They’ve bought homes here. They’ve raised kids here. And now, freedom of movement, the very mechanism that allowed them to make Britain their home, is being removed. The British government...
Tags: Startups, UK, Eu, European Union, Britain


Could You Turn Down a $2.5B Partnership With Coca Cola – and Would You?

I think we can all agree that it’s a lot of money. Could you turn down a $2.5B partnership with Coca-Cola for your business? Furthermore, why would you? This is exactly what Harvard trained Phuong Tran, the deputy CEO of the THP Beverage Group, a leading beverage company in Vietnam did with her father. The THP Beverage Group Story I interviewed Phuong Tran this week who’s family turned down this offer to partner with Coca-Cola to produce their quality healthy drinks. She says they were initia...
Tags: Asia, Interviews, Russia, US, Sales, Harvard, Thailand, Cambodia, Vietnam, Coca Cola, Asia Australia, Phuong, Vietnam Laos, DepositPhotos, Energy Drink, THP Beverage Group


Cards Against Humanity survey shows how absurdly inconsistent Americans can be with their political views

Cards Against Humanity recently conducted a series of political surveys, which have been shared exclusively with Business Insider.   The findings highlight some of the hilarious, yet troubling inconsistencies in Americans' political views, both on the Democratic and Republican side.  Below are the Top 10 findings from Cards Against Humanity's Pulse of the Nation.  Cards Against Humanity — the game millennials love to play, just not always with their parents  — conducted a series of politica...
Tags: Hollywood, US, Trends, United States, Cards Against Humanity, Trump, Ergo


World economy forecast to slow in 2019 amid trade tensions

DAVOS, Switzerland (AP) — The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates. The IMF said Monday that it expects global growth this year of 3.5 percent, down from 3.7 percent in 2018 and from the 3.7 percent it had forecast […]
Tags: Business, News, Nation, International Monetary Fund, Imf, Davos Switzerland


YouTube is giving people 2 months to take down videos of dangerous stunts like doing the 'Bird Box' challenge while driving

YouTube has explicitly banned challenges and pranks that put people in serious danger, according to an FAQ post on Tuesday. It cited the "Tide pod challenge" as an example of an unacceptably dangerous stunt, though more recent videos have been removed of users attempting dangerous tasks such as driving while doing the "Bird Box" challenge, which involves wearing a blindfold. YouTube said users had a two-month "grace period" to clean up their channels. YouTube has updated its guidelines to exp...
Tags: Google, Utah, Youtube, Trends, Pewdiepie, Jake Paul, Business Insider YouTube


A top Silicon Valley VC firm avoided investing in prescription drugs for a decade. Here's why Andreessen Horowitz is changing its mind.

When Andreessen Horowitz was founded in 2009, the venture-capital firm didn't expect to invest in healthcare. That changed in 2015 when the firm launched its $200 million bio fund, which focused on investing in software companies in healthcare. The firm, which is now on its second bio fund, has historically avoided investing in therapeutics. That's beginning to change, general partner Jorge Conde told Business Insider. Conde told Business Insider he's on the hunt for companies using technologi...
Tags: Facebook, San Francisco, Trends, Silicon Valley, Andreessen Horowitz, Business Insider, Conde, Asimov, CVS Health, Omada Health, Jorge Conde, Devoted Health, Business Insider Conde


Attention is not a resource but a way of being alive to the world

'We are drowning in information, while starving for wisdom.' Those were the words of the American biologist E O Wilson at the turn of the century. Fastforward to the smartphone era, and it's easy to believe that our mental lives are now more fragmentary and scattered than ever. The 'attention economy' is a phrase that's often used to make sense of what's going on: it puts our attention as a limited resource at the centre of the informational ecosystem, with our various alerts and notifications l...
Tags: Japan, Life, Happiness, Neuroscience, Mindfulness, Mental Health, Brain, Work-life balance, Innovation, Attention, Philosophy, Tokyo, Mind, Wilson, William James, Shibuya


Boeing overhauls quality controls: more high-tech tracking but fewer inspectors

Boeing has begun a sweeping transformation of its quality system, including the use of "smart" tools and automation. It will also eliminate thousands of quality checks as no longer necessary. Boeing has told the union it will cut about 450 quality inspector positions this year and potentially a similar number next year.
Tags: Business, News, Boeing, Boeing & Aerospace


Country’s Most Expensive Home Lowers Price To $150 Million

Now Listed for Sale at $150 Million, 924 Bel Air Road is Back on the Market Bel Air, CA – Jan. 15, 2019 (PRNewswire) Major luxury developer Bruce Makowsky, known for curating, designing and bringing to life some of the most stunning homes in the country, has announced a $38 million dollar price adjustment for his spec home located at 924 Bel Air Road in Los Angeles. Originally listed at $250 million, the price was lowered to $188 million about six months ago. “Due to recent global market condit...
Tags: Real Estate, California, Los Angeles, Radio, United States, Beverly Hills, Pacific Ocean, Malibu, Most Expensive, Los Angeles County, LOS ANGELES Los Angeles, Hilton Hyland, Real Estate News, Hillcrest Drive, Shawn Elliott, Branden Williams


Don’t Waste Time! 5 Ways to Improve your Business this Year

The new year is always a great time to get organized and work on your business. All the holiday excitement and stress is behind you. The kids are back in school. And you’re energized and motivated to make this your business’ best year ever.   You’ve probably thought about your marketing plan, long-term strategic vision, and maybe tax strategies, but what about the legal foundation for your company? Are there any loose ends to tie up as you move into a new year? Don’t let any minor administrati...
Tags: Sales, Management, State, Don, LLC, Don t Waste Time, Renew Business Licenses


Best Bosses Have These Three Skills

​You are responsible for leading people. But so much of your energy is wasted in shepherding people that often you as a leader are overstretched in your own work. This leads to inefficiencies and resentment. So, how you do create an engaged high performing team that you don’t have to micromanage? Here are three practical things you can do to be a better boss and leader:1) Give People Permission To ActNo manager really wants to do the job of their employees. With increasing demands on time and o...
Tags: Startups, Leadership, Wisdom, Management, Austin Startups, Leadership-development, Talent-development


Your financial mindset is a baseline for financial success

It’s easy to judge when you don’t experience the same difficulties that others do. The classic scenario in medicine is an internist, who runs marathons and bikes to work, tells his morbidly obese patient to lose weight.  How would the scenario work if the doctor were mildly overweight, or has a body mass index of […] Find jobs at Careers by KevinMD.com. Search thousands of physician, PA, NP, and CRNA jobs now. Learn more.
Tags: Health, Finance, Practice Management, PA NP, CRNA


Think you’re bad at math? You may suffer from ‘math trauma’

I teach people how to teach math, and I've been working in this field for 30 years. Across those decades, I've met many people who suffer from varying degrees of math trauma – a form of debilitating mental shutdown when it comes to doing mathematics.When people share their stories with me, there are common themes. These include someone telling them they were “not good at math," panicking over timed math tests, or getting stuck on some math topic and struggling to move past it. The topics can be ...
Tags: Psychology, Memory, Intelligence, Brain, Maths, Innovation, Fear, Emotions, Mind, Cognitive Science, Shannon Sweeny, Chris Willingham, Jennifer Ruef, Education Studies University of OregonThis


Learn how to build tomorrow’s AI breakthroughs with this comprehensive $79 bundle

From self-driving cars on the road to that little digital assistant hiding inside your smartphone, the impact of artificial intelligence is everywhere, and it's only going to get more advanced and ubiquitous as time goes on. You can learn how to build your own AI and break into this exploding industry with the training in the Artificial Intelligence Engineer Masterclass Bundle, now on sale for $79, over 90 percent off from TNW Deals.
Tags: Startups, Offers


Why ‘right to erasure’ is stopping companies from complying with GDPR

Time may be relative, but most people will agree that whether you’re launching a business or planning a wedding, two years is a lot of notice, and enough time to adequately prepare for most things. Or so it would seem. But when the General Data Protection Regulations (GDPR) were first announced in April 2016, the European Union gave companies two years to put together a plan. Fast forward to May 2018, when those regulations were officially rolled out, and the majority of companies were and still...
Tags: Startups, Future Of Work, European Union, Contributors


What to Do When Your Gym Closes Down

On a recent afternoon, I headed toward my gym: a small, second-floor space I’d been a member at for at least five years. It was my second home and I’d spent more time there, contemplating life among weights and cardio machines, than any other place beyond my apartment.Read more...
Tags: Credit Cards, Money, Banks, Workouts, Lifehacks, Gym


The challenges of moderating online content with deep learning

Earlier in December, the internet was abuzz with news of Tumblr’s declaration that it would ban adult content on its platform starting December 17. But aside from the legal, social and ethical aspects of the debate, what’s interesting is how the microblogging platform plans to implement the decision. According to a post by Tumblr support, NSFW content will be flagged using a “mix of machine-learning classification and human moderation.” Which is logical because by some estimates, Tumblr hosts hu...
Tags: Startups, Tech, Artificial Intelligence, Tumblr, Syndication


Huawei's CEO threatens to axe 'mediocre' staff after global security worries

Huawei CEO Ren Zhengfei warned of hard times ahead for the Chinese phone giant in an email to staff. He warned of job losses and said that the company would likely have to axe "mediocre employees." Huawei is one of the biggest companies in China, but is under scrutiny over global jitters that its telecommunications equipment lets the Chinese government spy on other nations. Ren is the father of Huawei CFO Meng Wanzhou, who is currently under house arrest in Canada for alleged dealings with Ira...
Tags: China, Germany, US, America, Trends, Canada, Donald Trump, Huawei, Trump, Communist Party, Ren, People s Liberation Army, Ren Zhengfei, Iran Huawei, Meng Wanzhou, Financial Times Ren


Huawei’s reclusive founder rejects spying and praises Trump

Ren Zhengfei, the 74-year-old founder and chief executive of the Chinese technology giant Huawei, may need to become less reclusive as the company comes under pressure in the U.S. and elsewhere over suspected ties to China's military.
Tags: Business, Technology, News, China, International Trade, Huawei, Trump, Nation & World, Ren Zhengfei


Evan Spiegel's old Stanford professor flamed the Snapchat CEO for failing to stop kids getting addicted to tech

Snap CEO Evan Spiegel should be doing more to stop kids getting addicted to tech, according to his old Stanford University professor Jim Steyer. Steyer, who now runs Common Sense Media, said Spiegel has been "missing in action" and needs to take more responsibility for protecting young people on Snapchat. It follows Spiegel revealing that he and supermodel wife Miranda Kerr limit their child's screen time to an hour and a half a week. Evan Spiegel may be limiting his stepson's screen time, bu...
Tags: England, Stanford, Trends, Snapchat, Evan Spiegel, Miranda Kerr, British Airways, Financial Times, Stanford University, Steyer, Evan, Anne Longfield, SPIEGEL, Common Sense Media, Snapstreaks, Jim Steyer Steyer


Ways to save money on travel

To travel is one of the great pleasures of life, but it doesn’t come cheap. With a bit of planning and flexibility there are ways to save on your travels, saving you thousands in the process. Here some are some ways you can save money for travel before you go, and while you are on the road. Sell your car If you are thinking of going on a long-term round-the-world trip, you might be better off selling your car. If your car is old and you’ve been meaning to get a new one, then this would be an id...
Tags: Travel, Finance, New Zealand, Skype, Facetime, Travel Blog, Rtw, Marie Kondo


Robotic milkers and an automated greenhouse: Inside a high-tech small farm

Technology can eliminate a lot of tedious, routine labor — a lifestyle payoff that can help persuade a younger generation to stay put on family farms rather than sell out.
Tags: Business, News, Agriculture


Apple should give the iPhone XS and iPhone XR a permanent price cut (AAPL)

Apple has reportedly cut production for the iPhone XR, iPhone XS, and iPhone XS Max twice in the past two months to accommodate lower-than-expected demand for the new phones. Apple has about nine months before it unveils its next-generation iPhones. The company has ample time to improve demand for its current phones, and a small adjustment to the price could make a big difference. Apple has an iPhone problem. For the past decade, the iPhone business has been Apple's main source of income and ...
Tags: Apple, Cook, US, Trends, Tim Cook, Aapl, Greater China


Rest Isn't Always Fun (and Fun Isn't Always Restful)

The value of rest is a major theme in my coaching practice, and I talk with leaders on a regular basis about how to replenish themselves while pursuing demanding and often-stressful career paths. I began thinking more deliberately about rest in 2011, when I started tracking whether or not I got a good night's sleep. I continue that practice today and find the resulting data useful, but as with all human behavior it helps to be mindful of the limits of logic when it conflicts with our emotions....
Tags: Leadership, Els, Steve Magness, Edbatista, Self-Coaching, Brad Stulberg, Larry Rosen, Anamaria Nino Murcia, Ronni Hendel Giller, Nick van Dam, Food Tony Schwartz Sleep Deprived Leaders, Rasmus Hougaard Jacqueline Carter


IRS offers tax penalty relief to some who didn't have enough withheld or paid too little estimated taxes

Most taxpayers every year end up getting refunds. But some folks are at the opposite end of the tax spectrum. They owe Uncle Sam at filing time. And some of those owing taxpayers end up in an even worse situation. Their tax bills are large enough that they also face added penalty charges. This filing season, though, those penalty-paying taxpayers could get a break. Tax underpayment penalty calculations: A tax penalty assessment usually occurs when wage earners don't have enough income tax wi...
Tags: Taxes, White House, United States, Treasury, Sam, Irs, Fed, U S Treasury, Uncle Sam, Rettig, TCJA, Chuck Rettig, GOP Administration


Cannabis retailers can’t bank like other businesses, so they are sending lobbyists to Capitol Hill

Cannabis startups are sending veteran lobbyists to Capitol Hill in support of the STATES Act — a bill that would require the federal government to keep a hands-off approach on the decisions made by states on marijuana legalization. The bill was introduced last summer by Senators Elizabeth Warren (D-MA) and Cory Gardner (R-CO), showing there is broad, bipartisan support for cannabis reform. President Donald Trump even said he will "probably" end up supporting it. Tracking seed to sale is diffic...
Tags: Congress, California, Trends, Pennsylvania, United States, House, Capitol Hill, Smith, Donald Trump, Newt Gingrich, Eaze, Ryan Smith, Green Bits, Clinton, Cory Gardner, Charlie Wilson


I tried Uber’s luxurious London competitor Wheely, and it made me think it's possible for money to buy happiness

Luxurious Russian chauffeur app Wheely launched into London last year. CEO Anton Chirkunov said that the company is trying to attract drivers in the capital away from Uber. I tried Wheely on two occasions — once from my flat to Gatwick Airport (£75, or $97), and once to Heathrow (£70, or $90). It was more like having a personal driver than being in a taxi. I've lived in London for more than five years, and getting around is officially becoming exhausting. Over the last few years I've become r...
Tags: Uber, UK, London, Trends, Paris, Heathrow, Gatwick, Moscow, Gatwick Airport, South East London, Addison Lee, LONDON MOSCOW, Anton Chirkunov, Financial Times Read, Chirkunov