The cofounder of a marketing startup shares how switching his team to a 4-day workweek increased revenue by 30% and improved employees’ mental health

Summary List Placement Shane Hickenlooper was frustrated with the arbitrary nature of work. At previous jobs, he arrived in the office every day at 8:30 a.m. sharp, dressed in business casual. To make up for the monotony, many of the companies he worked for offered perks like ping-pong tables to give the appearance of a fun culture. But, he said, employees were often discouraged from using these perks, or even more substantive benefits such as paid time off. “Culture and the representation of culture can be very different,” Hickenlooper told Insider.  So when he cofounded Scroll, a 15-person marketing agency, at the beginning of this year, he knew he wanted… Read More

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Fintech is exploding in Latin America, a region long ignored by VCs. But a firm who backed Klarna, Credit Karma, and SoFi has a plan to find the next all-star there.

Summary List Placement When the next fintech all-star is born in Latin America, QED Investors plans to have a first crack at the company. The venture capital firm has gained a foothold in the region, where funding for startups remains scarce. It recently closed a $12 million fund named Fontes, Latin for fountains, that’s earmarked for pre-seed and seed companies in Latin America. The fund is being led by an immigrant-entrepreneur and principal, Ana Cristina Gadala-Maria. The secret to attracting the best founders, Gadala-Maria says, is a deep bench of limited partners who are sourcing deals. The fund’s investor base includes more than two dozen successful startup founders from Latin… Read More

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AI industry salaries revealed: How much Snowflake, Databricks, UiPath and other top AI companies pay their engineers, researchers, and staff

Summary List Placement Few industries are blowing up like artificial intelligence and big data. A combination of new technology and expanding adoption are sparking meteoric growth. The analyst firm PitchBook estimates spending on AI software and hardware will reach $138 billion this year, and grow at a rate of 23% in the next three years. That puts the industry at $258 billion in 2024. All that spending fuels an equally explosive jobs market. The job search site ZipRecruiter shows 48,955 artificial intelligence engineer jobs currently listed in the US. Those jobs pay very, very well. ZipRecruiter shows annual salaries as high as $304,500 for AI engineers, with an average of $164,769. There… Read More

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Time-lapse video shows the ice shelf of one of Antarctica’s largest glaciers breaking into large chunks

Summary List Placement The ice shelf holding together one of Antarctica’s largest glaciers is breaking apart rapidly as scientists worry it could shorten the timeline for its eventual collapse into the sea. Satellite images of Pine Island Glacier taken between 2015 and 2020 show the rapid break up of the ice shelf’s edge. A study by Washington University reveals the ice shelf lost about one-fifth of its area from 2017 to 2020, mostly in three dramatic breaks. You can watch the full time-lapse here. Read more: We got an exclusive look at the pitch deck this ex-Reddit CEO used to raise $30 million to reforest the planet The Pine Island Glacier… Read More

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Unseeded Barbora Krejcikova wins first-ever Grand Slam title

The French Open women’s singles final between relatively unknown first-timers Barbora Krejcikova of the Czech Republic and Anastasia Pavlyuchenkova of Russia proved to be a battle of wills. After two opposite sets — one dominated by Krejcikova and the other dominated by Pavlyuchenkova — and an unexpected injury, Krejcikova held on to win her first-ever Grand Slam title, defeating Pavlyuchenkova 6-1, 2-6, 6-4. Both women had worked hard to get to the main stage at Roland-Garros. Krejcikova, known mainly as a doubles specialist, failed to qualify in 15 of her first 16 majors as a singles player. Pavlyuchenkova played 52 main draws before making her first final, an all-time record. … Read More

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Lawmakers mourn the 49 people killed by a gunman five years after the Pulse nightclub shooting

Summary List Placement Saturday marks the five-year anniversary of the fatal shootings at Pulse Nightclub in Florida. In commemoration of the event, the Senate earlier this week unanimously passed legislation designating the gay club a national memorial. The bill now heads to President Joe Biden to sign. Lawmakers over the weekend continued to mourn the 49 victims. “It has been five years but it feels like yesterday,” Rep. Val Demings of Florida said in a statement. “Today I am thinking of the 49 who we lost—49 human beings, 49 dreams, 49 futures, 49 families missing a loved one. I am thinking of the survivors who still need our fullest support… Read More

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