• Scientists used AI to figure out elephants have names for themselves

    image of two elephants fighting or playing with their trunks
    Elephants in Kenya in 2023.

    • Scientists used AI to find elephants likely have unique names for each other.
    • Machine learning analyzed hundreds of elephant calls recorded in Kenya between 1986 and 2022.
    • Elephants' ability to recognize name-like calls indicates they may be capable of abstract thought.

    Scientists using AI tools have discovered that elephants likely have unique names for each other, according to a new study.

    A group of scientists used machine learning to analyze hundreds of wild African elephant calls recorded in Kenya between 1986 and 2022, publishing their findings on Monday in the peer-reviewed journal Nature Ecology and Evolution.

    Specifically, the researchers looked at three different types of communication, or "rumbles" between the endangered species of elephants: "contact calling" rumbles when an elephant is calling to another that is more than 50 meters away, "greeting" rumbles when elephants are close to each other, and "caregiving" rumbles when a female elephant is comforting a calf.

    They did not analyze other types of rumbles, like "let's go" rumbles, because elephants are less likely to use specific names in that context, the authors explained.

    Within each of these types of interactions, the researchers found evidence that elephants address each other with name-like calls specific to each individual — the first time similar behavior has been observed outside humans.

    Unlike dolphins and parrots, who address each other by mimicking the receiver's voice, these elephant calls are not imitations of what each elephant sounds like.

    They're more conceptual, like the names humans use for each other.

    That could mean elephants have a capacity for abstract thought greater than we previously understood.

    A machine learning model helped the researchers interpret each call's acoustic structure to determine which elephant was being addressed. This wouldn't have been possible without the help of AI, because humans alone aren't able to detect and differentiate patterns in the elephant rumblings, Michael Pardo, a lead author on the study told Business Insider.

    When the researchers replayed a call originally addressed to one elephant, that elephant responded differently than to calls meant for another individual, the researchers explain in the study.

    The researchers posted a video to YouTube that shows a mother elephant hearing a playback of her daughter calling to her. When she hears her daughter's call, the mother raises her head and calls back.

    [youtube https://www.youtube.com/watch?v=_BZVjJ8xgtg?feature=oembed&w=560&h=315]

    Pardo said that while elephants in captivity respond to names humans give them, like dogs and cats do, "this is one of very few examples of animals addressing each other by name or with something similar to a name."

    Still, the researchers couldn't identify which part of the call contained the elephant's name, noting that each call is also simultaneously coded with the caller's characteristics, like its age, sex, emotional state, and behavioral context.

    The authors explained that although they found mixed support for their hypothesis that different elephants use the same name to refer to a fellow elephant, they did find "at least some convergence among different callers addressing the same receiver." And, the authors wrote, it's possible that every elephant within a family uses the same name to address a specific member.

    "This suggests that elephants understand the abstract connection between an arbitrary sound and the individual it refers to," Pardo told BI, adding that if elephants can understand abstract names, it's possible they can also think abstractly about other things. And they may even use names for other objects too, according to the study's authors.

    "It may tell us something about how a critical prerequisite for language, vocal production learning, evolved," Pardo said. "Vocal production learning is the ability to learn to produce new sounds, and it is rare among animals."

    And the study doesn't just help us understand elephants, it can also help us understand ourselves.

    "This raises the possibility that human ancestors may have initially developed vocal production learning to call one another by name, and then later this allowed fully fledged language to develop," Pardo told BI.

    That means that names could have preceded language itself.

    Pardo said the study not only shows how intelligent elephants are, but how important social bonds are in their lives — just like us.

    Read the original article on Business Insider
  • Microsoft’s focus on monetizing its AI investments is a sign of tech’s shifting strategy

    Microsoft

    Hello there! Turns out the name-calling in "Dumbo" isn't that far off. Scientists discovered elephants might have unique names for each other. Hopefully, they're not mean ones!

    In today's big story, we're looking at Microsoft considering a pricing overhaul of its suite of software tools. It's a bid to get a return on its AI investments.

    What's on deck:

    But first, let's talk pricing.


    If this was forwarded to you, sign up here.


    The big story

    Microsoft's ROI on AI

    Microsoft CEO Satya Nadella.
    Microsoft CEO Satya Nadella.

    Microsoft wants to get a return on its AI investments, and it's looking to you to help foot the bill.

    The tech giant is considering overhauling the pricing plans for Microsoft 365 — its widely used suite of productivity tools — by including AI features and creating a more expensive bundle, Business Insider's Ashley Stewart writes.

    Microsoft executives are set to discuss plans this summer. The goal is to decide before September, when sales ramp up.

    The potential changes stem from Microsoft's desire to see a return on the billions of dollars it has invested in AI. From millions of pricey AI chips to an ambitious plan to expand its data center footprint, Microsoft has bet big on the future of AI.

    Its AI investments have already paid off to a certain degree. Microsoft hit a $3 trillion valuation for the first time this year and is the world's most valuable company. An early investment in OpenAI gave Microsoft a massive advantage with the onset of the generative AI boom.

    But AI tools aren't cheap to maintain, so figuring out a way to drive revenue from them, and fast, remains key.

    Microsoft 365, one of the company's crown jewels, is an obvious place to start. Users can already add the Copilot AI assistant tool to the Microsoft 365 suite for an additional cost. Packaging it together could save users the headache of managing multiple software licenses.

    satya standing

    Microsoft's RFP for AI's ROI shows tech's shifting motivations.

    Microsoft might have been comfortable pouring more cash into AI bets during the zero interest rate phenomenon. But in the wake of Big Tech's "Year of Efficiency" in 2023, the purse strings have gotten considerably tighter.

    Now, even a company near the top of the AI hierarchy closely monitors the bottom line. Case in point: Microsoft made cuts in its Azure cloud business due to its AI pivot.

    And this is the most valuable company in the world!

    What about the AI startups that raised millions in funding without much more than a hunch of a good idea? How much grace will they be given before investors expect returns?

    Some seem to realize runways are getting shorter. Take OpenAI, which made two high-profile hires to serve as chief financial and chief product officers.


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    3. Boring stocks are poised for a "renaissance" rally. Large-cap value stocks are set to outperform growth stocks for the first time in a long time, Bank of America predicts. They recommended four sector ETFs to take advantage of the opportunity.

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    2. Nvidia is going on the defensive. Big Tech and startups are trying to get a slice of Nvidia's market dominance. According to a note from Morgan Stanley analysts, Nvidia is "clearly focused on defending market share."
    3. OpenAI and Sam Altman might be the biggest winners of WWDC. Apple's AI announcements may not be enough to attract new Apple customers — but ChatGPT's integration is a huge endorsement for OpenAI and its CEO, providing it access to a massive new user base.

    3 things in business

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    2. Elon Musk wants to win over advertisers (again). Musk has had a tenuous relationship with advertisers since giving them the proverbial middle finger last year. He's now set to speak at the Cannes Lions ad summit, where Big Tech firms go to woo advertisers.
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    Read the original article on Business Insider
  • I spent $640 and traveled hours to see a popular artist in concert. I thought my tickets were legit until the venue scanned them.

    Authoe Mary Helen and her friend
    My friend and I tried to see Chappell Roan but ended up getting tickets that would not get us into the show.

    • I bought tickets to see Chappell Roan on resale site SeatGeek and spent over $600 to go see her.
    • At the door, we learned our tickets were useless and would not get us into the show.
    • We had a fun night with other fans whose tickets didn't work, but I'm still disappointed. 

    When I first heard Chappell Roan's "Pink Pony Club," I knew that she was bringing something special to the pop scene.

    That's why, when I learned she'd be visiting my best friend's city for her Midwest Princess tour, I booked my flight to Madison, Wisconsin.

    In May, I purchased tickets to see her at The Sylvee from the resale website SeatGeek. Shortly after, SeatGeek sent me an email explaining that, due to a "security policy at The Sylvee," my tickets would be delivered outside of the SeatGeek app. I'd get an email with a link to accept my ticket.

    I received an email from a separate address that said my tickets had been shared with me. I clicked a link to accept my tickets, and I assumed I was set.

    After all, the blue tickets were added to my digital wallet and had a moving line in front of the barcode, like many tickets I've had do. They looked perfectly normal and even had info about the show and "Screenshots won't get you in the door" printed along the bottom.

    After spending about $640 on airfare on travel from Alabama, concert tickets, an outfit for the show, Uber rides, and more, I was told at the door that we'd been duped.

    But what resulted from that was an unexpected night that I will probably never forget.

    We found out at the gate that our tickets would not get us into the show

    Screenshot of Seat Geek email next to image of ticket
    The ticket I had (right) looked pretty real to me.

    When we arrived at The Sylvee and made our way to the end of a line that wrapped around the block, we could feel the excitement in the air.

    My friend and I noted it was weird to see so many people dressed up in mermaid garb — the theme of this Chappell Roan show — who were holding signs asking to buy tickets. Why would so many people show up ready to go to a show if they couldn't get in?

    Still, I walked through security, held out my digital ticket, and watched the ticket scanner flash red. The attendant told us to head to the box office, where we were told we were victims of a massive ticket scam. The tickets we'd been transferred from a third party were unscannable and useless.

    We joined the group of about 80 people outside the venue who had also just realized they weren't getting to see one of the hottest concerts of the summer.

    Our group of disappointed fans decided to turn the night around

    Chappelle Roan in concert
    We didn't see Chapelle Roan live, but we made the most of our night.

    Outside the venue, our group of upset people with worthless tickets decided to find something else to do together. After all, we'd gotten dressed up.

    Before I knew it, we were in a caravan of around 30 mermaids making our way to the nearest bar. Someone got the bartender to play Chappell Roan's discography and ordered us all a round of shots.

    What ensued was a night of singing and dancing to our "favorite artist's favorite artist," cursing third-party ticket vendors, and making new friends. As others learned their tickets were useless that night, they found out about our impromptu party and joined us.

    Without this experience, I would've probably had a miserable night.

    I got my money back, but I'm still disappointed

    Everyone thinks they're smart enough not to get duped until they are — including me. I was mortified, but the sheer number of people I met who had also bought tickets that wouldn't work helped me realize there wasn't much we could've done to avoid this.

    We bought tickets from what I consider to be a more reputable resale platform, not some random person on Facebook Marketplace or Craigslist.

    In my case, SeatGeek has a Buyer Guarantee, so I was quickly issued a full refund. But that doesn't change the fact that I missed out on something that I paid to travel over 1,000 miles to experience.

    It's just another part of the conversation about how flawed ticketing for live events has become.

    Last year, Taylor Swift fans who got nonexistent tickets to The Eras Tour faced issues similar to mine but struggled to get refunds. Earlier this year, the Department of Justice filed an antitrust lawsuit against Live Nation Entertainment (the parent company of Ticketmaster), accusing it of unlawfully dominating the market.

    SeatGeek has not explained to me what went wrong, and I don't think I'll ever know for sure.

    Looking back, it was odd that someone could just send me a link, and I'd get their tickets. Maybe the original tickets were real but the seller never fully transferred them to me at all. Or maybe they were really good fakes all along.

    But what I've taken away from this experience is that it's easy to get unscannable tickets that look legitimate — and it's crucial to make sure you obtain possession of the original event tickets if they were initially sold through Ticketmaster.

    Personally, though, I won't be buying tickets for a concert across the country again unless I can absolutely guarantee I will get in the door.

    A representative for SeatGeek issued the following statement to Business Insider: "We're really sorry that this fan wasn't able to attend the show and understand the disappointment and frustration this whole experience must have caused. Upon investigation, a seller informed us that this was potentially due to a recently reported Ticketmaster hack, resulting in several of their tickets being stolen and the seller not being able to reissue barcodes as a result, which we are continuing to investigate. While these instances are rare, all fans buying their tickets on SeatGeek are protected by our Buyer Guarantee."

    A representative for Ticketmaster issued the following statement to Business Insider: "The original ticket buyers violated terms set forth by the artist – either by buying more tickets than allowed and/or using automation – and as a result the tickets were immediately canceled, and the original buyer was notified. Unfortunately, SeatGeek's policies prioritize the profits of scalpers over protecting fans from being scammed by fraudulent tickets."

    Representatives for The Sylvee didn't immediately respond to a request for comment.

    Read the original article on Business Insider
  • A true-crime producer killed himself receiving threats and feeling overworked, his family said. His wife called his death ‘a failure of the industry.’

    Stock image of a professional video camera.
    Stock image of a professional video camera.

    • True-crime producer John Balson died by suicide. 
    • His family said he was threatened by people connected to a case he was researching and felt overworked.
    • Balson stopped working when he was told by doctors that he had developed a migraine disorder.

    The family of a true-crime producer who took his own said he was overworked and had received threats from people connected to a case he was researching.

    John Balson, 40, based in London, died by suicide on May 17 after doctors told him he was likely dealing with a vestibular migraine disorder, Deadline reported. He died a month after he stopped working as a freelancer due to his condition.

    A GoFundMe page set up by a friend to help Balson's wife and their three-year-old daughter, said he dealt with "constant dizziness, migraines, insomnia and pain 24 hours a day, seven days a week."

    Balson's wife, Yumeno Niimura, told Deadline that she believes he became ill due to the stress he was under while working on the docuseries "In the Footsteps of Killers," produced by Alaska TV for British broadcaster Channel 4. Niimura said Balson was in "excruciating pain" in the lead-up to his death.

    The show investigated unsolved murder cases in the UK.

    Niimura says smaller budgets mean freelancers are overworked

    According to Niimura, Balson was under "a massive amount of pressure" while working on the show, and claimed he was blamed for a family declining to take part in the series.

    In an interview with Us Weekly, Niimura said his death was a "failure of the industry."

    She also told Deadline her husband had received threats from someone related to a person he was researching for "In the Footsteps of Killers."

    Niimura said that smaller TV companies often have smaller budgets and claimed they compensate by forcing "extra work and unrealistic assignments on freelancers like him."

    She said: "The loss of John Balson is not just his life; it's a failure of the industry. The industry can find a replacement the next day, but there will never be another John Balson."

    Balson's death raises questions about working conditions in film and TV

    The working conditions of people involved in film and TV have been in the spotlight recently, with actors and writers going on strike in the US last year.

    Balson's death raises questions about the duty of care that broadcasters and streaming services have toward employees, particularly those working on emotional topics such as true-crime.

    In May, Netflix came under scrutiny after a woman named Fiona Harey was harassed and outed by social media users as the alleged stalker in the fictionalized true-crime series "Baby Reindeer."

    The Association of True Crime Producers held an emergency meeting about Balson's death on Tuesday.

    In a statement on its website published on Tuesday, it said that the people making true-crime shows deal with "gruesome details, traumatized families and friends and working to tight budgets and deadlines.

    "It is right that production companies and broadcasters recognize the additional burdens these place on those making true-crime content."

    Channel 4 is conducting an investigation into Balson's death, and a spokesperson for the broadcaster told Business Insider: "We are in ongoing contact with John's family and offering them our support.

    Referring to a UK union, the statement continued: "we are also in a dialogue with BECTU and have engaged an external law firm to undertake a thorough investigation, which will be as swift as circumstances allow. We will take whatever action is appropriate in response to its findings."

    A spokesperson for Alaska TV told Business Insider that Balson was "an extremely talented and thoughtful Director," but that they couldn't comment on the circumstances surrounding his death because of Channel 4's ongoing investigation.

    Read the original article on Business Insider
  • Rob McElhenney is betting on himself

    Rob McElhenney in studio on gray background
    Rob McElhenney wears Billy Reid's pullover Danley sweater, white T-shirt, and flat-front trousers; Anderson's brown belt; and a Panerai watch.

    Rob McElhenney is, quite literally, wearing many hats.

    The 47-year-old actor, writer, showrunner, and entrepreneur is holding a polite grimace as he balances five fedoras atop his head in a Culver City studio, Imagine Dragons pumping in the background.

    He places a sixth on top of the stack, slowly draws his arm down, and poses. The crowd — in this case, a photographer and a handful of assistants, publicists, stylists, and groomers — goes the Hollywood equivalent of wild (the photographer shouts, "You're amazing!").

    McElhenney's posture is lighter as he strolls over to the photographer's monitor to check out the result, six hats still balancing on top of his freshly coiffed brown hair. His nerves? Gone. That grimace? A distant memory. He's on to the next shot.

    Over more than two decades working in Hollywood, McElhenney's approach has been similar: the ambitious plan, the windup, the execution, the comedown. Then, the next ambitious plan. "It's not magic," McElhenney tells Business Insider a few weeks after his photo shoot. "It's just putting one foot in front of the other, getting the work done, and aligning yourself with the right people."

    In today's entertainment landscape — one in which every celebrity seems to have a book club or a liquor brand, and many have broken into the ranks of writers, showrunners, and producers to make up for shrinking residual checks — multihyphenates are everywhere. Reese Witherspoon isn't just an A-list actor; she's built an entertainment empire with her production company, Hello Sunshine, by adapting female-focused books into movies and TV shows and selling them to streaming services. Kevin Hart has so many ventures (a tequila brand, a restaurant chain, a series of self-help books, partnerships with companies like Lyft and JPMorgan Chase) that it's easy to forget he's still doing standup comedy.

    But not every workhorse can create the longest-running live-action American sitcom, as McElhenney did with "It's Always Sunny in Philadelphia," which is prepping to film its 17th season. And not every ideas guy can sell a cable network on his plan for a sports docuseries that also serves as free advertising for his businesses, then turn that show into a critical and commercial success, as he did with "Welcome to Wrexham," which is about to conclude its third season. To McElhenney, every story is a business, and every business is a story.

    McElhenney's new company, More Better Industries, clearly lays out his ambitions. It includes a production arm, More Better Productions, to support projects like "Wrexham" and his AppleTV+ series "Mythic Quest"; a creative consultancy, More Better Advisory, to do things like integrate McElhenney's Four Walls whiskey into "Wrexham" and get it sold at Citizens Bank Park in Philadelphia; and an investment arm, More Better Ventures, to back sports teams, tech companies, and other businesses that slot neatly into McElhenney's interests. He has, essentially, commodified every public aspect of himself, folding in layer upon layer of potential cross-promotion and profit, all in a way that feels — as much as is possible with these kinds of things — organic.

    It is, those close to him say, a very Rob McElhenney thing to do. "If you need to overcome a problem or manifest a miracle," says his good friend and "Wrexham" costar and coowner Ryan Reynolds, "tell Rob it's impossible."

    But McElhenney is adamant that he isn't doing more for the sake of it. "That is an empty, unfillable cup in the center of your soul," he says. "You have to find something that you love and devote yourself entirely to it. Otherwise, you could've made a billion dollars and wasted your life."


    Most Rob McElhenney projects start with a crazy idea. In the case of "Always Sunny," the template for the show's lovable-yet-despicable characters began with McElhenney's idea for a darkly comedic scene: A guy knocks on his friend's door asking to borrow some sugar, only to learn that the friend has cancer. Instead of being sympathetic, the guy just wants to grab his sugar and run.

    McElhenney shot the scene, along with a few others, with his actual friends, Charlie Day and Glenn Howerton. All three were struggling actors in their late 20s living in Los Angeles, so their characters were, too. They put together a pilot that was picked up by FX, but the network had a key note: Change the location and the characters' jobs. (No one wanted another TV show about struggling actors.) McElhenney offered up his hometown of Philadelphia and a local pub where the gang would work. When the first season of "It's Always Sunny in Philadelphia" aired in 2005, McElhenney was 28 and the youngest showrunner in Hollywood. Nineteen years later, the show is still delivering the boundary-pushing comedy fans know and love while taking the occasional ambitious dramatic swing.

    If you need to overcome a problem or manifest a miracle, tell Rob it's impossible.
    Ryan Reynolds

    In theory, McElhenney could have ridden the success of "Always Sunny" into the sunset. But spending the pandemic lockdown bingeing sports documentaries gave him an idea for his next venture. Inspired by shows like Netflix's "Sunderland 'Til I Die" and the meritocracy of the English football league, where teams are promoted and demoted based on their record each season, McElhenney came up with a plan: Buy a struggling team for dirt cheap. Get a TV deal to document said team. Use the TV money to upgrade the team, which would make for a compelling Cinderella story. On paper, the plan was "insane," says Reynolds, whom McElhenney met about four years ago after the two struck up a DM friendship. "In reality, it's still completely insane."

    Rob Mcelhenney
    McElhenney wears a Loro Piana pin-striped wool-and-cashmere-blend suit, Allen Edmonds shoes, and a Panerai watch.

    But anyone who knows McElhenney knows he doesn't take big swings without a plan. McElhenney's wife, Kaitlin Olson, who met her future husband when he cast her on "Always Sunny," says witnessing his work ethic on the show was "definitely when I started to fall in love with him." When McElhenney pitched Olson on "Wrexham," she was instantly on board. "He's someone I would always bet on. His ideas always are so fleshed out and so thoughtful," she says. "It wasn't just about like, 'Oh, let's buy a team!'"

    McElhenney brought his pitch to John Landgraf, the chairman of FX Networks, who agreed to pick it up for two seasons. It didn't matter that McElhenney had never made a documentary or that he knew hardly anything about English football and hadn't yet chosen a team to follow. "I did it because I trust Rob," Landgraf says. "The guy is a magnet for excellence."

    Picking the right team was about more than tapping one lucky club to infuse with cash. To reverse engineer what McElhenney called "the ultimate underdog story," the team had to be as rich in narrative potential as it was in need of resources. The British comedian Humphrey Ker, a writer on "Mythic Quest" and an avid English football fan, suggested Wrexham AFC, and something clicked. The down-on-its-luck club, situated in a postindustrial Welsh town, reminded McElhenney of his working-class upbringing in South Philadelphia. As the oldest English football club in Wales and the third-oldest professional team in the world, it offered a unique blend of legacy and opportunity: After sinking to the lowest position in its 150-year history, the only way to go, for both the team and the town, was up.

    The fact that "Welcome to Wrexham" is a well-made, engaging documentary underscores McElhenney and Reynolds' insistence that helping the team rise through the ranks is about more than sheer capitalistic ambition. The coowners anchor the show as famous yet naive interlopers hoping to learn about English football and Welsh tradition. But the series also makes welcome forays into character study, highlighting fans like the singer of a local band called the Declan Swans, who's undergoing cancer treatment, and the team's volunteer disability liaison, who uses a wheelchair.

    So far, the formula has been good for everyone involved. "Welcome to Wrexham" was recently renewed for a fourth season, and Wrexham AFC has been promoted twice and now sits two leagues away from its goal: the internationally renowned, massively lucrative Premier League. The docuseries has helped spike sales of Wrexham merch. Local businesses, including the team's regular pub, have become tourist attractions. And McElhenney and Reynolds have never been busier, engineering publicity stunts that pull triple duty as personal branding, advertising for "Wrexham," and extra exposure for the team's sponsors (some of which are their own companies).

    From a different angle, however, the Wrexham gambit can feel a bit cynical. Landgraf has seen "snarky, sometimes bitter tweets" from opponents' fans suggesting that Wrexham recruiting players from higher leagues constitutes cheating or buying its way to the top. As the team advances through the leagues, the Hollywood influence on its growing profile has become even harder to ignore. When Wrexham announced its partnership with HP, it wasn't just McElhenney and Reynolds who appeared in cheeky ads for the information-technology company: Wrexham players did, too. There's also the clear class divide between the average Wrexham fan and the Hollywood celebrities who arrive in their working-class town with a camera crew in tow. No number of friendly pints with the locals can change the fact that McElhenney and Reynolds' efforts to revitalize the team and the town were made possible by their fame, wealth, and connections.

    That fact isn't lost on McElhenney. While "Wrexham" takes pains to emphasize his blue-collar upbringing in South Philadephia, he's aware of the complicated dynamics at play. "I have to recognize that I'm no longer in the position that I was growing up," he says. "So I don't feel that I have the right anymore to fully understand what someone's going through. The only way that I can truly understand it is if I listen and listen and listen and listen more, and then try to synthesize that information and do with it what I believe is right."

    All that listening doesn't seem to be an empty promise. Early scenes in "Wrexham" show McElhenney taking in the unfiltered thoughts of fans, some of whom are less than pleased with the celebrity takeover. "I don't like conflict, and yet I recognize that without a differing point of view, I'm just going to continue on the same path," McElhenney says, weaving in a tangent about President Lincoln's decision to fill his Cabinet with political rivals. "I won't learn, I won't grow, and I won't be able to understand where the world is headed."


    Soaking up information is a core part of McElhenney's business strategy. He describes how he educated himself about everything from investing to running a company to buying a sports team by striking up conversations with people who knew more than he did.

    While working on "Wrexham," McElhenney reached out to the Philadelphia Eagles owner, Jeffrey Lurie, and the team's general manager, Howie Roseman, to understand their perspectives on owning and running a team. He also talked to the former Philadelphia Eagles center Jason Kelce and his brother, the Kansas City Chiefs tight end Travis Kelce, to get the player's perspective. To Olson, curiosity is her husband's strong suit. "He doesn't see it as weakness to not understand something," she says. "He's perfectly willing to go, 'Wait, hold on, back up. Explain that again.'"

    He doesn't see it as weakness to not understand something. He's perfectly willing to go, 'Wait, hold on, back up. Explain that again.'
    Kaitlin Olson

    He's not above taking suggestions from complete strangers, either. In March 2023, Kelsey Trainor, a former entertainment lawyer, sent McElhenney a snarky Twitter DM about the Wrexham women's team playing their first game at the club's main stadium. "I said something like, 'Well, it's about time,'" Trainor says. A few weeks later, she was sitting on the beach in Turks and Caicos when she suddenly felt anxious about her plans to take a law-firm job and messaged him again. "I said, 'I just quit my job. I'm going to go make a lot of money, or you can hire me to work for your Wrexham women's team.' Two hours later he responded: 'That is the most badass DM I've ever seen. What's your number?'" Trainor is now More Better's chief strategy officer.

    McElhenney's egoless hunger for collaboration may have started as a chip on his shoulder. As a kid, he struggled in school and was labeled a troublemaker who was always in detention. He was the only person in his class who didn't go to college. When he was diagnosed with neurodevelopmental disorders and learning disabilities at 46, his school years finally started to make sense. "It was truly revelatory," McElhenney says. He'd always thought he was trying his hardest in school, but "the way that the system was set up and the way that my brain worked just didn't line up for me to be successful."

    Rob McElhenney

    In retrospect, he realized he wasn't actually a bad kid. "I just never felt like I could succeed. No matter what I did, I was going to fail, so why bother? So of course I started acting up."

    Struggling in school wasn't just character building; it also was skill building. McElhenney references Malcolm Gladwell's book "David and Goliath" and his theory that people with learning disabilities are more likely to become innovators because they must work around a "strategic disadvantage." "In a lot of ways, I'm grateful for it," McElhenney says. "It helped me look at the world in a different way."

    Having a family, too, has shifted McElhenney's perspective. After dating Olson first in secret, then openly on the "Always Sunny" set, the two married in 2008 and had two sons, Axel, 13, and Leo, 12. It may seem as though his various jobs bleed into every aspect of his life, but McElhenney has worked hard to keep parts of himself separate. He has one text chain with Reynolds and other Wrexham leadership about their business partnership, and one with just Reynolds that's strictly a friend chat. In between sending memes back and forth, they talk about how to strike a healthy work-life balance and how to show up as good partners.

    One text in particular has stuck with McElhenney. Reynolds "said something to the effect of: 'Just make sure that, no matter what, you leave space for what's most important, which is your kids. And to be able to twirl Kaitlin on the dance floor,'" he says. "To see that written out? That felt poetic."

    McElhenney cites his "Always Sunny" costar Danny DeVito and DeVito's wife, Rhea Perlman, as some of his and Olson's parenting role models. "The trick is not much of a trick at all," he says. "It doesn't matter if you are the poorest person in the neighborhood or the richest guy in Bel Air. If your parents give you unconditional love with boundaries and respect you and spend time with you, you're probably going to be OK."

    Like the teams in the English football league, McElhenney's success may come and go. "Welcome to Wrexham" might have secured another season, but even Landgraf says there's no guarantee that the series will air indefinitely. Because reality dictates the narrative, the team's travails must remain interesting enough to document — a feat that might become more difficult as Wrexham sheds its dark-horse status. Not to mention the finances: The team's losses reportedly soared to $6.4 million in the 2022-23 season, partly due to increased player salaries, despite having big sponsors to help foot the bills. The owners acknowledged they might have to seek outside investors to get the team to the next tier.

    But boundless curiosity and a bit of an underdog mindset have gotten McElhenney this far. Ultimately, he just wants to make the things — and invest in the people — he believes in. "If I could spend the second half of my life saying that to other people, and then putting my money where my mouth is and watching them go and build what they want to build," he says, "I feel like that's a life's worth living."

    Credits:
    Photography: Sheryl Nields
    Creative Director: Bryan Erickson
    Styling: Kelsey Ellstrom
    Hair: Lesley Poling
    Makeup: Corina Duran-Rabichuk
    Producers: Nicole Hyatt, Rebecca Karamehmedovic, and Jennifer Laski for Sway NY
    Photography Assistance: Danya Morrison, John Cizmas
    Digital Tech: Embry Lopez
    Design and Development: Jenny Chang-Rodriguez, Bryan Erickson, Rebecca Zisser
    Editing: Claire Landsbaum, Joi-Marie McKenzie, Jonann Brady
    Editing Assistance: Brea Cubit
    Video: Yuelei Song, Brittany Stephanis, A.C. Fowler
    Social: Virginia Alves, Victoria Gracie, Nicole Forero, Laine Napoli

    Read the original article on Business Insider
  • Stockton Rush reportedly wanted OceanGate to build underwater doomsday bunkers for billionaires

    Stockton Rush, CEO of OceanGate exhibitions.
    Stockton Rush was CEO of OceanGate.

    • Stockton Rush envisioned OceanGate underwater hubs for billionaire doom preppers, Wired reported.
    • Rush pitched ambitious plans for self-driving submersibles to investors, per the report.
    • Wired revealed new details about Rush and OceanGate a year after its submersible imploded. 

    It seems OceanGate's late former CEO Stockton Rush had high hopes for the company behind the Titan submersible, which imploded last year.

    According to a new report from Wired, Rush dreamt of having underwater OceanGate bases that could be used by billionaire doomsday preppers or as data storage units.

    Wired obtained thousands of leaked documents and spoke to former employees to uncover new details about Rush, including how he reportedly shrugged off concerns and took shortcuts to make his submersible vision a reality.

    Rush, who died when the sub imploded in June 2023, also reportedly pitched the company's board and investors on an ambitious concept for what OceanGate could become. This included self-driving submersibles that could dive to depths of 6,000 meters — about half as deep as the wreck of the Titanic, the report says.

    After the fatal incident that also killed four other people, Business Insider obtained a waiver signed by prospective passengers which revealed the Titan sub had only reached the depth of the Titanic wreck on 13 out of 90 dives. This meant its success rate could have been as low as 14% on deep-sea expeditions.

    Rush had a bold and daring vision for the company, which internally called itself "SpaceX for the oceans," its cofounder Guillermo Söhnlein previously told BI.

    According to Söhnlein, who left OceanGate in 2013, the company had set out to help humanity set up underwater cities by creating small bus-sized submersibles.

    He told BI: "We were solving the transportation problem for these future underwater communities."

    At the time of the tragedy, people with knowledge of OceanGate's workings spoke out about how they had warned Rush of safety concerns they had related to its sub, which was not certified by regulatory bodies.

    Rob McCallum, a former OceanGate consultant, warned Rush in emails in 2018 previously seen by BI that he was putting passengers' lives at risk and urged him not to carry out deep-sea dives until the sub was proven safe.

    McCallum had also told BI that OceanGate's approach to engineering was "ad hoc" and "ultimately inappropriate."

    The sub embarked on its fatal journey last June on an expedition to the Titanic wreckage, which sits nearly 13,000 feet below the ocean surface, when it lost communications with its support ship an hour and 45 minutes into the trip.

    Days after it was declared missing, US Coast Guard officials said the sub probably suffered a "catastrophic loss of the pressure chamber."

    OceanGate didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

    Read the original article on Business Insider
  • Passengers took off their clothes and appeared to pass out when their flight was delayed in a 95-degree heat wave

    Qatar Airways Boeing 777-300ER passenger airplane as seen on final approach flying, landing and taxiing at Athens International Airport ATH in the Greek capital.
    A Qatar Airways Boeing 777 at Athens International Airport.

    • A Qatar Airways Boeing 777 was delayed in Athens due to a technical issue in intense heat.
    • Passengers endured 95-degree temperatures for three hours, per local reports.
    • Videos shared online showed passengers fanning themselves and one shirtless man covered in sweat.

    Dozens of passengers were filmed struggling with the heat when their flight was stuck on the tarmac.

    Qatar Airways flight 204 was delayed in Athens on Monday, when temperatures reached 95 degrees.

    Those on board included athletes returning home from a Muay Thai competition in the Greek capital.

    A reporter from the Thai newspaper Matichon, who said they were on on the Boeing 777, reported that the air conditioning malfunctioned.

    Over the next three hours, passengers began sweating and taking off their clothes, the report added.

    A sports therapist shared videos of the turmoil on Instagram, showing uncomfortable passengers fanning themselves to cool down.

    "Passengers were literally dehydrating and passing out on the plane," he wrote. "Damian [a man featured in one of the videos] is a fit, conditioned athlete, imagine the stress and danger for any normal individual."

    Other images obtained by The Sun showed a shirtless man covered in beads of sweat.

    It reported that passengers were let off the plane after three hours. The flight landed in Doha on Tuesday morning, 16 hours later than scheduled, per data from Flightradar24.

    The heat wave in Athens has seen the Acropolis closed for five hours, schools shut, and garbage collection also halted, with temperatures forecast to reach 102 degrees. Monday's incident highlights how the climate crisis, causing more frequent heat waves, could pose problems for airlines and passengers.

    "Qatar Airways sincerely apologizes for the delay to passengers traveling on flight QR204 from Athens (ATH) to Doha (DOH) on Monday 10 June 2024, which was due to a technical issue," an airline spokesperson said in a statement shared with Business Insider.

    They said passengers were asked to deplane and were supported by Qatar staff while the problem was fixed. In Doha, "we extended our full support to all affected passengers upon arrival to ensure smooth onward connections to their final destination," they added.

    "We regard the safety and comfort of our passengers and crew as our highest priority at all times, and have offered our apologies to each passenger affected by this unforeseen disruption and the inconvenience caused," they said.

    "Additionally, passengers have been informed of their compensation entitlements in line with the applicable regulations."

    Read the original article on Business Insider
  • Gen Zers are starting to tease Gen Alpha tweens, saying they have a ‘blue light stare’

    gen alpha girl looking at iphone
    Gen Alpha is poised to be a huge economic force (stock image).

    • Gen Zers are mocking Gen Alpha tweens, saying they are stunted when it comes to socializing.
    • They have coined the term "blue light stare" to describe their reliance on screens. 
    • Experts say these trends reflect deeper issues from the pandemic affecting young generations.

    Intergenerational teasing seems inevitable. Baby boomers labeled Gen Zers as lazy. Millennials think Gen Xers are lame. And everybody seems to hate millennials.

    But Gen Z has a new target: Gen Alpha.

    Zoomers are starting to tease Gen Alpha tweens, saying they are stunted when it comes to socializing because of what they say is their addiction to screens.

    They've also coined the phrase "the blue light stare" to describe a particular blank look they say is given by Gen Alpha kids, who are born from 2010 to 2024.

    It references the "lead poison stare" — a blank expression that has become associated with boomers on social media, particularly when complaining or becoming aggressive with service workers.

    Nicholas Drake, a content creator, described the blue light stare as a "nonchalant, just unbothered look on their face."

    "Almost like they're starting at a screen and they're watching a video, or they're playing a video game," he said. "They're just not all there."

    Lighthearted ribbing or something more?

    Generational wars are cyclical, and this may just be the latest lighthearted ribbing every cohort goes through.

    But the trend may also signify something deeper.

    Criticism has long been leveled at children of millennials and Gen Zers. Some say they are hard to control, struggle at school, and are showing signs of developmental distress inflicted by the coronavirus pandemic.

    "I personally want us to focus on asking why rather than judging what is," Katya Varbanova, an internet and marketing expert, told BI. "This new generation has the world at their fingertips."

    Nonchalant and unbothered

    Lyndsey Getty, a mental health researcher and author, told BI there is "no real benefit" to judging someone based on when they were born.

    Often, this comes from a lack of knowledge, insecurity, or an "us vs. them mindset," she said.

    "In order to stop this destructive habit, we need to stop labeling it as inevitable and see it for what it truly is," she said. "Unhealthy generalizations."

    But Zoomers have always seemed to target other generations.

    They enjoyed mocking "millennial humor" in favor of more absurdist internet jokes while deriding the side parts and skinny jeans of the generations that came before them.

    Artificial blue light from screens is the latest turn of phrase to signify bad behavior in public, and Zoomers are quick to point it out.

    A TikToker called Hannah said she was recently served by a "Gen Alpha kid" and that the "blue light stare is so real."

    She imitated how the young server, who she guessed was around 13 or 14, was expressionless for most of the encounter, dismissive, and kept scrolling on their phone.

    Ripples from the pandemic

    Jenny Flora Wells, a licensed social worker and holistic therapist, told BI it is evident Gen Alpha "has been significantly impacted by the COVID-19 pandemic."

    These youngsters were aged 10 and under in 2020, meaning many of their formative years will have been tarnished by lockdowns, global panic, and limited socializing.

    Brenda Christensen, the CEO of Stellar Public Relations, Inc., who worked on campaigns for cellphones and GameBoy, says extensive use of technology from a young age could also be influencing children's development and learning.

    While social media jabs are mostly lighthearted, they point to a deeper issue, Christensen said, as too much screen time "can affect their attention spans, critical thinking skills, and interpersonal interactions."

    "Gen Alpha is growing up with unparalleled access to information and tools that can foster creativity and innovation," she said. "The challenge lies in balancing screen time with activities that promote holistic development."

    Feeling in control

    Gen Zers may also feel a little threatened.

    Gen Alpha is set to be the largest generation. They will take over the internet and become some of the biggest spenders in history.

    There is a scarcity of jobs and opportunities for young people, "which is the competition and divide among generations to stay afloat in today's world," Wells said.

    Gen Z "has also been cheated of opportunity," she said, so it may feel inclined to pick on those younger than them as a means of self-preservation.

    "There is a deeper meaning here that can be tied back to the heavy-hitting issues facing our society," Wells said.

    Varbanova told BI that technological advancements will continue to change how we communicate and live in this world, and she doesn't think that's necessarily a bad thing.

    "Some skills and behaviors might become extinct," she said, pointing to how much has already changed within our lifetimes with phones and media consumption. It's only going to ramp up more with developments in AI, she said.

    Terms such as "blue light stare," Varbanova said, "makes people feel more in control."

    "We as a society look for signals through labels," she said. "It's how we survive."

    Read the original article on Business Insider
  • Inflation unexpectedly cools off as the Fed decides its next move

    People at a grocery store
    • The Consumer Price Index, an inflation measure, increased 3.3% year over year in May.
    • That's just below the 3.4% rate in April and the forecast.
    • The CPI was unexpectedly unchanged from April to May.

    The year-over-year percent change in the Consumer Price Index in May came in just below the forecast and so did the percent change in core CPI.

    A news release on Wednesday from the Bureau of Labor Statistics noted the CPI increased 3.3% from May 2023 to this past May. The forecast noted on Investing.com was 3.4%, which would have been the same year-over-year rise as in April.

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    The CPI was unchanged from April to May. The forecast was an increase of 0.1% following the 0.3% increase from March to April.

    Core CPI, which excludes food and energy, rose 3.4% year over year in May. The expectation for this per Investing.com was an increase of 3.5%, which would have also meant a cooler rate than the 3.6% rate before it.

    Core CPI rose 0.2% in May from the preceding month. That's less than the forecast of 0.3% and the previous rate of 0.3%.

    Inflation measures like the CPI suggest US inflation is still too high although these rates look a lot better than back in 2022. The Fed's interest rate decision will be announced later on Wednesday; it's expected the target range for the federal funds rate will continue to be the same.

    While Americans are probably not going to see interest rate cuts for now, there could be cuts later this year.

    "I think that there'll be enough softness and coolness in the economy for them to begin to cut rates this year," David Kelly, the chief global strategist at J.P. Morgan Asset Management, told Business Insider earlier this month. "And if I had to bet, I bet that we will get two rate cuts, one in September and one in December."

    This is a developing story. Please check back for updates.

    Read the original article on Business Insider
  • Read the pitch decks from these 34 creator-economy startups that helped them raise millions of dollars

    A slide from Punchup Live's pitch deck that it used to raise its $1 million pre-seed round.
    A slide from Punchup Live's pitch deck that it used to raise its $1 million pre-seed round.

    • The creator economy is catching notable VCs' attention — and their wallets.
    • Creator-focused startups are raising millions of dollars.
    • Here are the pitch decks that 34 startups used in Series A, seed, and pre-seed rounds.

    The creator economy has bred a new generation of startups — from influencer-marketing companies to new social-media experiences.

    These startups have captured the attention and wallets of influential venture capitalists and angel investors over the last several years, giving rise to several unicorn valuations in the space, such as the link-in-bio service Linktree (valued at $1.3 billion in 2022) and the affiliate-marketing platform LTK (valued at $2 billion in late 2021).

    Check out 14 VCs who are investing in innovative startups focused on the creator economy and influencers

    Even as the economy has weathered changing tides and investments have cooled across industries, some startups in this sector are still raising money.

    Several startups announced seven-figure seed rounds in 2023, including the Web3-inspired social network Seam Social's $2.5 million round in December. Last year also saw several later-stage funding rounds, such as one from Whop, an e-commerce marketplace for digital goods, which announced its $17 million Series A in July. Karat, a financial startup for creators, raised a $70 million Series B in June — though it proves that a big VC round doesn't ensure stability, as the company later conducted layoffs in October.

    Here are 16 creator-economy startups that raised the most money in 2023.

    So, how do creator-economy startups land those investments? Often, it starts with a pitch deck. 

    Lumanu, a creator-focused financial startup, uses a simple pitch deck that's more of a "conversation guider," its cofounder and CEO, Tony Tran, told BI.

    "My pitch is always why, what, how, and why now?" Tran said. (Read the full pitch deck here.)

    Skye, a career-coaching startup, had different pitch decks depending on the type of investor or fund they pitched to.

    "I had two different versions, depending on the fund," Jessica Wolf, Skye's CEO and one of its cofounders, said. "If I knew a fund was more into pre-seed, all about the founder, I had one deck. But if I knew that they were a numbers person, I would use another one."

    Every startup has a different approach.

    Some, such as Throne, even ditch the pitch deck altogether and opt for an email or Notion document.

    Read the email template creator-economy startup Throne used to secure its seed investment.

    BI talked with founders who've pitched their startups to investors about their process. They broke down the pitch decks they used to secure millions of dollars in funding.

    Read the pitch decks that helped 34 creator-focused startups fundraise millions of dollars:

    Note: Pitch decks are sorted by investment stage and size of round.

    Series A

    Seed

    Pre-Seed

    Read the original article on Business Insider