Author: openjargon
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“Humanized growth” through purpose and sustainability is a priority for Mazda says Brad Audet, CMO of North America
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Mark Zuckerberg’s PR team can’t stop him from posting, internal texts reveal
Mark Zuckerberg frazzled his PR team over a zinger he wanted to post on Facebook. The Washington Post
- In texts revealed in a lawsuit, Meta PR people in 2021 discuss how to deal with a negative article.
- The PR people don't want Mark Zuckerberg to publicly respond, but they can't convince him not to.
- "I'm really eager to just do whatever he wants at this point," one said. "My spine has been surgically removed."
In September 2021, Mark Zuckerberg threw his PR team into a crisis situation. The boss had a problem with a recent news article. A big, wet problem.
The New York Times had just published a report about a Facebook strategy, internally called "Project Amplify," that pushed positive stories about Facebook to users' news feeds. The story said part of the strategy involved Zuckerberg posting more lighthearted content to help rehab his image, and cited a video he had posted of himself riding a hydrofoil while holding an American flag.
Zuckerberg wanted to personally and publicly respond to the Times story. Specifically, Zuckerberg wanted to needle the Times for mischaracterizing his hydrofoil as an "electric surfboard."
Zuckerberg's plan to post about the hydrofoil sent his public relations team into a tailspin, resulting in a flurry of text exchanges about how to convince him not to post anything (he did end up posting about it).
Those messages have now surfaced as part of lawsuits filed by various states over how Meta has handled concerns about child and teen harm.
The text exchanges reveal the frustrations of a comms team that can't seem to control the CEO and believes he won't heed their advice — even if, in their view, his actions threaten to undermine the company.
They also offer an inside look at the orchestrated machinations of Zuckerberg's social presence.
Ryan Mac, a reporter at The New York Times who cowrote the article (and got under the skin enough of the PR team that they referred to him as "the worst of the worst" and fretted that Zuckerberg's response would only inflate Mac's ego), posted screenshots from the legal documents to Threads. In those messages, you can see how the PR team agonized over Zuckerberg's desire to post a zinger about the misidentified hydrofoil.
"I would not have Mark post," wrote Tucker Bounds, now a VP of communications at Meta.
"How come? We'll need a very strong reason to walk him back," said another person whose name was redacted in the documents.
A few minutes later, John Pinette, Facebook's head of communications at the time, told the group he didn't think a whimsical post was such a bad idea, since another comms team member had already posted a strongly worded rebuttal statement to the article on Twitter.
"I don't think Mark posting something whimsical on the surf board is such a bad idea," Pinette wrote. "… And I'm really eager to just do whatever he wants at this point. My spine has been surgically removed."
Pinette left Facebook just over three months later.
Nick Clegg, head of public policy at Meta, was also strongly against Mark posting something flippant about the hydrofoil.
"Am I missing something here? On the day a FB rep is pulled apart by US Senators on whether we care enough about children on our services, MZ is going to post about…. surfboards?" Clegg wrote. "Maybe I've lost my humor about this whole thing, but I really think this would seem to any casual observer to be pretty tone deaf given the gravity of the things we're being accused of."
Just a week before the text exchange, bombshell "Facebook Files" reporting in The Wall Street Journal said Facebook executives ignored their own internal research about risks to teen mental health, especially for girls. It was a massive scandal that has led to serious regulation (New York state just passed a law saying that social platforms like Instagram can't use algorithmic feeds for teens without parental consent).
"The IG/teens story is huge, is cutting through, and will lead to countless testimonies in the weeks/months ahead," Clegg correctly predicted in the 2021 texts to his colleagues. "If I was him, I wouldn't want to be asked 'while your company was being accused of aiding and abetting teenage suicide why was your only public pronouncement a post about surfing?'"
Meta did not respond to a request for comment on the text exchanges.
In the last year, Zuckerberg's strategy of posting more frequently about lighthearted things like his MMA hobbies and his new quirked-up sartorial choices has paid off: his public image has been significantly rehabilitated.
Meanwhile, the concerns at the heart of the controversy that Zuckerberg was responding to — that Meta has disregarded child safety — have only escalated. The EU is now investigating Meta over concerns its platforms are addictive for children and teens.
Just last week, the US Surgeon General announced he planned to push for a warning label on social media advising that it has mental health risks for teens. A warning label is a misguided idea, in my opinion, but it is a pesky public problem for Meta. Perhaps nearly three years after these messages were sent, Zuckerberg is more willing to listen to the advice of others about this.
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Who is Bernard Arnault? The LVMH founder is the third-richest man in the world
Bernard Arnault, CEO of luxury-goods conglomerate LVMH, has brought all five of his children into the business. Nicholas Kamm/Getty Images
- Bernard Arnault is the world's third-richest man. He has a net worth of $200 billion, per Bloomberg.
- He controls the massive luxury conglomerate LVMH, and his children all hold roles in the business.
- Here's a look at his career rise and how he spends his fortune.
No name is perhaps more synonymous with the world of luxury goods than Bernard Arnault.
Arnault, the 75-year-old CEO of French luxury conglomerate LVMH Moët Hennessy Louis Vuitton, or LVMH for short, built his fortune over almost four decades, amassing a luxury-goods empire that includes some of the best-known brands in fashion, jewelry, and alcohol, including Louis Vuitton, TAG Heuer, and Dom Pérignon.
In March, he briefly reclaimed the title of the world's richest person. Though he has since fallen to third-richest, he still currently has a net worth of about $200 billion, according to Bloomberg. He, Amazon founder Jeff Bezos, and Tesla CEO Elon Musk have traded places on and off over the past year.
Arnault has also brought his five adult children into the LVMH fold, building a family-run business that has resulted in immense wealth and even drawn comparisons to the hit HBO show Succession (which Arnault has dismissed).
Here's a closer look at Arnault and his family's massive empire.
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Tesla still has one massive leg up on every automaker
Robotics arms installing the front seats to the Tesla Model 3 at the Tesla factory in Fremont, California. Mason Trinca/The Washington Post via Getty Images
- Tesla is building EVs for cheaper than anyone else.
- Lower input costs allow Tesla to set prices lower in a price-sensitive EV market.
- Still, Tesla's price-slashing method has started to show cracks.
Tesla is building EVs for cheaper than anyone else, and it's giving Elon Musk's car company a leg up even as more competition floods the market.
Tesla's input cost per vehicle — or the amount the company spends on components like metal, glass, battery packs, wheels, and tires — averages under $30,000 per vehicle, according to a new analysis from Bank of America.
That's $17,000 cheaper than non-Tesla EV component costs and about $10,000 cheaper than the industry average including Tesla, the bank's analysts estimate.
It's cost savings like this that have fed Tesla's bottom line for years, driving industry-leading automotive profit margins that have allowed Musk to essentially control pricing for the electric vehicle market — and left competitors racing to catch up.
Even as Tesla's margins shrink and sales slow, the lower input costs keep Musk ahead of his legacy competition. Companies like Ford and GM are relying heavily on their gas-powered profits to fund their electric futures—neither company has turned a profit on its EVs.
Input costs are key drivers for how automakers set individual vehicle prices, so higher input costs will always lead to higher EV prices for consumers, putting anyone other than Tesla at a disadvantage in a price-sensitive green car market.
Essentially, as long as it still costs Tesla's competition more to build more EVs, these legacy automakers will never win Musk's price war.
That's especially problematic for companies like Ford and GM as wealthy early adopters drop out of the EV market and are replaced by more frugal and practical green-car shoppers.
Still, Tesla's price-slashing method is starting to show some cracks.
The EV industry leader is finally starting to feel the pressure of a slowdown in EV segment growth, reporting disappointing sales and earnings in the first quarter of this year.
Tesla is expected to report June delivery numbers, a closely watched metric by investors, shortly after the first of July.
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EV chargers are too boring — and it’s holding us back from electrifying the classic American road trip
Teslas charging at a Supercharger station in Irvine, California. MediaNews Group/Orange County Register / Getty Images
- Electric-vehicle drivers on road trips often don't have much to do while their cars charge.
- Building charging hubs around attractions and amenities could improve the experience.
- This article is part of "Transforming Business: Infrastructure," a series exploring the advancements reshaping US infrastructure.
There's a missed opportunity at most electric-vehicle charging stations.
As sales of battery-electric vehicles have increased in recent years, the automotive industry and federal and state governments have been racing to install more charging stations. But building a place to plug in is only the first step in changing the way people fuel their cars.
While the automotive industry has done a lot to reduce the amount of time you need to spend plugging in your car on a road trip, EV charging stops may never match the convenience of five-minute stops to fill your gas tank.
Charging stations themselves are also difficult to make money with. A solution: EV charging hubs decked out with restaurants, entertainment, shopping, and anything else that can occupy the hour or two you may need to get a full battery.
That's much like how a gas station works. An ancillary business built around a charging hub could fund the owner's bottom line more reliably than the fuel itself.
EVs need rest stops
We're not exactly reinventing the wheel here.
Many turnpikes and highways in the US have rest stops or travel centers with amenities that allow drivers to stay longer on the road when they need to stretch their legs. These rest stops are usually funded by tolls or other government-backed funding, which is a more complicated issue for EV charging.
Without any clear guidelines, there hasn't been much uniformity in what a charging station can — or should — look like, leading to a Wild West of different designs and locations. Without a clear way forward, there hasn't been much uniformity in what a charging station can look like.
Figures from the Department of Energy indicate that at the start of 2024, there were some 61,000 public charging stations in the US, more than double the number of stations in 2020. But many of these stations are tucked away on dealership lots or in otherwise empty parking lots.
These stations appear to affect EV adoption. Surveys have suggested that access to public charging infrastructure increases adoption.
But they've also suggested that EV drivers are unsatisfied with the charging experience.
EV charging stations need an overhaul
Tesla is experimenting with what a longer charging stop could look like.
Construction is underway in Hollywood on a Supercharger station that would double as a 24-hour restaurant and drive-in movie theater.
CEO Elon Musk floated the idea of a destination station like this in 2018, saying he wanted to build an "old school drive-in" at a Supercharger location in Los Angeles. In January, an NBC affiliate in Los Angeles reported, citing city documents, that the screens would project short films that occupy the roughly 30 minutes required to charge a Tesla.
The Supercharger station is also supposed to be an attraction of its own, designed to look like a 1950s drive-in and diner — a kitschy stop on a Hollywood road trip.
The design of these charging stations shouldn't just mimic convenience stores and quick-stop establishments. Charging can take a half hour to several hours, depending on the car and the type of charger. That's plenty of time to browse a gift shop, grab a bite to eat, or wander around a roadside attraction.
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Biden shouldn’t focus on his White House successes at the debate because nobody cares, advisors say
President Joe Biden. AP Photo/Jacquelyn Martin
- Biden needs to spend his debate time attacking Trump's economic policies, sources told CNN.
- The top Democrat sources told CNN that voters just don't care about what Biden has accomplished.
- Polls show more Americans trust Trump on the economy and inflation — the biggest issues for voters.
Joe Biden's advisors say he should spend more time at the debate attacking Donald Trump than focusing on his own White House successes, according to a report from CNN.
Several top Democrats, who spoke on the condition of anonymity, told CNN that they've been urging Biden's camp to take an offensive approach to Thursday's debate. They've been advising Biden to focus on criticizing Trump's economic policies and close relationship with corporate America, four sources close to the president told the outlet.
The Biden campaign didn't immediately respond to BI's request for comment.
Biden shouldn't talk so much about what he's accomplished during his time in office, because the voters don't really care, the sources told CNN.
"He wants the credit, but it's not working," one of the top Democrat sources told CNN. "He needs to stop."
Ron Klain, Biden's former chief of staff and longtime aide, has also said the president spends too much time discussing the improvements he's made to infrastructure.
"I think the president is out there too much talking about bridges," Klain said in April. "I think it's kind of a fool's errand."
Klain added that Biden needs to focus on issues people actually care about, like the cost of groceries, because bridges just aren't cutting it.
More than 80% of Americans listed the economy and inflation as the top two issues that will determine who they vote for this November, according to an ABC News/Ipsos poll in May. And more Americans trust Trump over Biden on these issues — 46% trust Trump on the economy while 32% trust Biden, and 44% trust Trump on inflation while 30% trust Biden, according to the poll.
The Biden campaign has been ramping up its attacks on Trump since the former president's felony conviction last month. Just last week, the president's campaign announced a $50 million ad blitz that includes a searing TV ad railing into Trump's "criminal" character.
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Gigi Hadid gifted Taylor Swift a cat ring filled with hidden details. Now, everyone wants custom pet-themed jewelry.
Gigi Hadid bought Taylor Swift a ring with a portrait of her cat on it. Courtesy of Cece Jewellery/Gareth Cattermole/Getty Images
- Gigi Hadid gifted Taylor Swift a ring with a portrait of her cat, Benjamin Button, on it.
- The ring was made by Cece Jewellery, which specializes in hand-enameled pieces.
- The custom ring also includes nods to Swift's music, her lucky number, and Travis Kelce.
Taylor Swift is many things: an award-winning singer and songwriter, charismatic performer, director, billionaire, and recently devoted NFL fan.
But Swift herself would likely say cat mom is her most important label. As the proud pet parent of three cats — Olivia Benson, Meredith Grey, and Benjamin Button — Swift is arguably the world's most famous cat owner.
Swift has long been vocal about her love of her cats, even referencing them in her song Karma, singing, "Karma is a cat, purring in my lap because it loves me."
So when Swift's close friend Gigi Hadid saw a sketch of a ring from Cece Jewellery starring one of the singer's pets, it was no surprise Hadid moved quickly to acquire the accessory for her friend.
High-end jewelry with a pet-friendly twist
Cece Fein-Hughes founded Cece Jewellery, specializing in hand-enameled and ethically sourced jewelry. Her pieces feature portraits of everything from landscapes to people's pets.
"Enamelling is an ancient, ancient craft and has been going since the Byzantine times," Fein-Hughes told Business Insider. "The way in which it's made has not changed, and that's what makes it so special. And there's only a handful of people in the world that can create at the level of craftsmanship that we use."
Fein-Hughes' pieces are even more unique because she combines high-brow craftsmanship and fine materials with whimsical designs, taking inspiration from vintage tattoos and the natural world.
Cece Fein-Hughes founded Cece Jewellery in 2021. Courtesy of Cece Jewellery
"I love the witchy, whimsical stories of countryside fairy tales," she told BI. "I love basically anything colorful and playful."
Cece Jewellery launched in 2021 and has since become a success. Fein-Hughes landed herself on the Forbes 30 under 30 list, regularly collaborates with celebrities, and makes bespoke pieces that reflect her customers' personalities.
"People come to us with crazy, cute, fabulous, wild ideas. It doesn't mean much to us, but it is like, I don't know, a crazy radish would mean something to someone else," Fein-Hughes told BI of her work. "We like to use every part of the ring of the canvas, whether that's inside, outside, on the top, on the sides."
A sketch of a ring featuring Taylor Swift's cat caught Gigi Hadid's eye
In April, Fein-Hughes shared a series of sketches of rings on her Instagram that starred celebrity pets. Her ring mockups featured A-list pets like Queen Elizabeth II's corgis and Kendall Jenner's Doberman.
Fein-Hughes also posted a sketch of a ring that featured one of Taylor Swift's cats, Benjamin Button, on her Instagram story.
Swift adopted Benjamin, her third cat, after he appeared in the music video for her song "ME!" in 2019. He also appeared in Swift's Time Person of the Year cover in 2023.
Fein-Hughes filled the Benjamin ring sketch with nods to Swift, including her lucky number 13 in a fiery heart on one side and her boyfriend Travis Kelce's jersey number 87 in an identical heart on the other, both of which sit atop a crescent moon.
Pearls, a current favorite design element of Fein-Hughes, surround Benjamin's portrait.
"I'm obsessed with pearl borders, and I keep chucking them into the designs," she said.
The gold ring features a portrait of Taylor Swift's cat, Benjamin Button. Courtesy of Cece Jewellery
The sketch piqued the interest of Hadid, who wanted to buy the ring for her longtime friend, Swift.
The singer often wears personalized jewelry, from a luxury friendship bracelet to pieces that honor her relationship with Kelce, including a TNT bracelet and double T ring.
When Hadid contacted Cece Jewellery about the piece, Fein-Hughes was thrilled to bring the ring to life.
The ring represents the things Swift loves
Hadid loved the design Fein-Hughes created, requesting the piece be even more personalized to Swift.
She had Fein-Hughes add an engraving of "TTPD," the abbreviation of Swift's latest album, "The Tortured Poets Department," on the inside of the ring.
The inside of the ring is engraved with "TTPD." Courtesy of Cece Jewellery
The final product was full of details celebrating Swift's passions, from her cat and her music to her boyfriend.
"I actually think I'm obsessed with the hearts on fire," Fein-Hughes said of her favorite design element.
"I feel like it's just so fun and playful," she said. "And it kind of represents Taylor Swift, who is literally on fire at the moment doing her world tour."
The ring nods to both Taylor Swift and Travis Kelce's lucky numbers. Courtesy of Cece Jewellery
Fein-Hughes did not specify the ring's cost, but she said her bespoke pieces start around $4,000 and can cost upwards of $20,000.
Swift has not been publicly spotted wearing the ring yet, but Hadid told Fein-Hughes the ring was a hit with the Eras Tour star.
"Apparently, she loves it, which is fantastic," Fein-Hughes said. "I can rest easy."
The designer shared photos of the finished ring on her Instagram on Monday, and Hadid thanked her in the comments for the creation, calling the ring "perfect."
The ring was a gift from Gigi Hadid to Taylor Swift. Courtesy of Cece Jewellery
The post opened Fein-Hughes's work to a new audience, with Swift fans flooding the comments section to applaud the piece and ask if Fein-Hughes would be making rings for Swift's other cats.
"I love that Gigi found you and you could make this for her," one user wrote.
"This is amazing," another commented.
"I want a best friend like @gigihadid," someone else wrote.
"It's been mad," the designer told BI of the public response to the design. "We have been inundated with requests and people wanting their own pets. People coming back for more orders. Press has gone mad. It's just been a wild ride."
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US carrier strike group’s new video captures the Navy’s explosive front-line combat in the Red Sea
The USS Dwight D. Eisenhower sails in the Red Sea on June 12. AP Photo/Bernat Armangue
- The Dwight D. Eisenhower Carrier Strike Group has left the Middle East after a restless deployment.
- A video shared this week by the crew of the carrier Ike offers a look at the combat operations.
- Footage shows American forces intercepting Houthi threats and conducting strikes in Yemen.
A new video released by the crew of the aircraft carrier USS Dwight D. Eisenhower, which has spent months on the front lines of the US Navy's fight against the Houthis, reveals some of the intense combat that has taken place between American forces and the Iran-backed rebels.
The Eisenhower and the other Navy warships in the carrier strike group left the Middle East on Saturday after spending more than seven months in the region's turbulent waters defending key shipping lanes in the Red Sea and Gulf of Aden from unrelenting Houthi attacks.
As part of these efforts, American forces were frequently tasked with intercepting Houthi missiles and drones in the air and sea. The US also carried out a number of strikes — both unilaterally and with coalition partners — targeting rebel facilities and weapons in Yemen.
The brief video, shared this week to various social media accounts and set to AC/DC's "Back in Black," shows US Navy sailors and pilots during operations on the flight deck of the nuclear-powered carrier, known as the Ike. Aircraft can be seen taking off and landing, as well as being rearmed with munitions.
An F/A-18E Super Hornet launches from the flight deck of the USS Dwight D. Eisenhower in the Red Sea on April 12. US Navy photo
The video also includes previously unseen combat footage of US airstrikes targeting the Houthis in Yemen and interceptions of their threats after launch.
The aerial footage captures explosions on mountains, above and in the water, and on land. Some coalition partners like Britain and France have also published footage of counter-Houthi engagements, giving the public a close-up look at the conflict.
The Eisenhower strike group arrived in the Middle East in early November, and by late May, American forces had already fired off more than 500 munitions and gone after nearly 430 planned and dynamic Houthi targets, underscoring the high-tempo nature of the operating environment.
That figure has only increased in the weeks since as Houthi attacks have continued unabated, with no signs of slowing down. US intelligence has warned that the conflict may go on for a while, and the increasing financial toll of America's naval presence has raised questions about the long-term sustainability of the counter-Houthi mission.
The USS Dwight D. Eisenhower conducts flight operations in the Red Sea on Feb. 23. US Navy photo
Engaged in combat regularly against the Houthis, the Eisenhower strike group had to be rearmed and resupplied during its deployment, which was extended twice by Defense Secretary Lloyd Austin. But in a surprise move over the weekend, the Pentagon announced its departure from the Middle East and the plan for it to return home.
Sailing alongside the Ike, the Ticonderoga-class cruiser USS Philippine Sea and Arleigh Burke-class destroyer USS Gravely left the Red Sea and entered the Eastern Mediterranean on Saturday, officially putting a lid on their restless and high-intensity deployment.
"After an eventful seven months in the Middle East region, the IKE strike group is back in the US 6th Fleet, ready as always to demonstrate our flexibility and capabilities where needed," said Rear Adm. Kavon Hakimzadeh, the newly announced commander of Carrier Strike Group 2, in a Monday statement.
The aircraft carrier USS Dwight D. Eisenhower sails in the Mediterranean Sea on Nov. 3, 2023. Navy Petty Officer 3rd Class Janae Chambers
"We are prepared to operate anywhere, whenever we are tasked," he added.
The Ike and its escort warships will soon be replaced by the USS Theodore Roosevelt Carrier Strike Group, which has been operating in the Indo-Pacific region.
The changing of America's Middle East naval presence comes amid a particularly active stretch for the Houthis. This month alone the rebels have struck multiple commercial vessels, including one with a drone boat for the first time since the beginning of their troubling Red Sea campaign in the fall.
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8 of the most unconventional candidates who stumbled into politics
Independent presidential candidate Robert F. Kennedy Jr., right, tapped Silicon Valley attorney Nicole Shanahan as his running mate for the 2024 election. Tayfun Coskun/Anadolu via Getty Images
- In decades past, Americans often voted for candidates who had considerable political pedigrees.
- But there've also been well-known figures who simply decided — for whatever reason — to give politics a try.
- Many voters are no longer giving a first preference to figures with extensive political backgrounds.
For generations, individuals who entered politics in the US generally followed similar career trajectories. Many of them have been lawyers who worked their way up to Congress or the Governor's Mansion from city councils, county boards, and state legislatures. For these figures, their prominent roles led them to occupy some of the most influential positions in government.
But in recent decades, extensive government experience has often become a political liability, as nontraditional candidates have latched onto the frustrations of an electorate that has witnessed increased gridlock and polarization in the states as well as Capitol Hill.
Donald Trump effectively used the argument against former Secretary of State Hillary Clinton in the 2016 presidential election, as many voters that year were looking for a "change agent" candidate without the more traditional Washington pedigree.
But the former president certainly isn't the first person to have used this argument when running for office.
Here's a look at several figures from nontraditional backgrounds who jumped into politics:
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