Author: arthursheikin@gmail.com
[ad_1] Mark Zuckerberg is “world-class” at giving feedback, said one of his top execs.On Wednesday’s episode of the “Cheeky Pint” podcast hosted by Stripe cofounder John Collison, Meta’s chief financial officer, Susan Li said that Zuckerberg has refined his ability to give constructive feedback over the years they’ve worked together. The Meta CEO has also become a great public speaker, Li said.She said that the feedback Zuckerberg gives is timely, direct, and respectful.”But the sort of direct and respectful — it’s never mean, it’s never belaboring some point, but you could not be mistaken after you have received the feedback,”…
[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Goldman Sachs is back in the Spac game. According to Bloomberg, the Wall Street leader is returning to the business of blank-cheque deals three years after beating a hasty retreat from the market. The bank will reportedly be taking a de-Spac-ito approach, vetting deals on a case-by-case basis and limiting the sponsors it partners with. But this news sends a clear signal, and where Goldman leads, rivals are likely to follow.Not long ago, major investment banks had sworn off Spacs, spooked…
[ad_1] Hong Kong CNN — US President Donald Trump may have touted the latest trade deal between the US and China as a win for America. But it’s Chinese leaders who have walked away with an extra spring in their step. While full details of the agreement, reached by negotiators in London last week, remain under wraps, it appears largely to restore an earlier arrangement sealed in May, which had rapidly deteriorated as mistrust and tension between the two sides spiraled. This time around, China has learned a key lesson: the power of its leverage over the US — and…
[ad_1] CNN — Despite unprecedented immigration raids, a massive domestic policy agenda and now the prospect of actual war, President Donald Trump’s first five months in office have nevertheless been dominated by his trade war. He notched some recent wins, but Trump is rapidly running out of time to seal the deal. Or, more accurately, deals. More than 100 of them. After pausing his “Liberation Day” tariffs that sent levies surging for dozens of countries’ exports to the United States, Trump has sought to make a number of bilateral trade deals that would open American businesses’ access to foreign markets…
[ad_1] Stay informed with free updatesSimply sign up to the Pensions industry myFT Digest — delivered directly to your inbox.Scottish Widows, one of Britain’s largest pension providers, is preparing to significantly reduce its allocation to UK equities just as the government is pushing retirement funds to invest more in British companies. The group, which manages £72bn of workplace pension assets in its default funds, is planning to cut the allocation to UK equities in its highest growth portfolio from 12 per cent to 3 per cent, according to a document seen by the Financial Times. Scottish Widows said in a separate document…
[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Prices to charter large oil tankers sailing through the critical Strait of Hormuz have more than doubled since Israel launched an attack on Iran last week, amid shipowners’ reluctance to risk using the waterway.The price to charter a very large crude carrier — capable of carrying 2mn barrels of oil — from the Gulf to China leapt from $19,998 a day last Wednesday, two days before Israel’s attack, to $47,609 on Wednesday this week, according to figures from Clarksons Research.The rise…
[ad_1] China is closing the AI gap fast, and the US must rethink its chip export controls if it wants to stay ahead, said David Sacks, the White House’s AI and crypto czar.In a Bloomberg Television interview published on Wednesday, Sacks said that the US should be mindful of the speed at which Chinese companies are catching up in the AI race despite the chip export rules in place.Even though China is “supply-constrained” on the number of chips it can produce, Sacks said he expects that to change quickly.”Back in January, we had this DeepSeek moment where, before DeepSeek, people…
[ad_1] Maxwell Wolfe had never traveled outside the US — until he flew to Thailand in 2019 for a Muay Thai fight on the island of Koh Samui.He lasted two minutes in the ring, took an elbow above his right eye, which left a scar, and then lost. But instead of flying home feeling defeated, Wolfe was hooked.Wolfe grew up in northern Virginia and had started practicing martial arts in his early 20s, when he was at a crossroads in his life. As someone with ADHD, he always found it hard to conform to conventional societal expectations.”I never really fit…
[ad_1] For Aaron and Albert Yang, hot soup dumplings are their legacy.The two brothers are the grandsons of the founder of Din Tai Fung, the world’s most recognizable dumpling chain. Now, they’re the co-CEOs of the chain’s North American business and the third generation to helm the family business.Din Tai Fung — or DTF, as its followers have affectionately nicknamed it — has humble origins as a small oil shop in Taiwan. The brothers’ grandfather, Yang Bing-Yi, moved from mainland China to Taiwan in the 1940s and worked in a local oil company.Yang later transitioned to selling xiao long bao,…
[ad_1] This as-told-to essay is based on a conversation with Adit Sheth, a senior software engineer at Microsoft. Business Insider has verified his employment. This interview has been edited for length and clarity.While completing my master’s in computer science at the University of Texas at Dallas in 2016, I had an opportunity to interview with Microsoft.I had a 3.9 GPA and was thrilled to get selected for the final round of an on-site interview.But I quickly realized that real-world success required more than classroom excellence.I particularly struggled with whiteboarding: data-structured questions where interviewers check your problem-solving abilities. Candidates need to…