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Older people are giving up hope of paying off their student loans before they die: 'There's a real fear in dying in this'

A graduating student wears a money lei. ROBYN BECK/AFP via Getty Images Over 8 million borrowers over age 50 hold 22% of the federal student-debt load, or $336.1 billion. Insider spoke with borrowers with debt burdens they fear won't be paid in their lifetimes. One borrower started with $79,000 in debt, paid $175,000, but still has a balance of over $200,000. See more stories on Insider's business page. At 59 years old, David Wise has $236,485 of outstanding student loans, accordin...
Tags: Navy, Senate, Massachusetts, Trends, Joe Biden, Social Security, Warren, Bill, Biden, Wall Street Journal, Journal, Cnbc, Jpmorgan, Sen Elizabeth Warren, Schumer, Wise


How Duolingo became a $2.4B language unicorn

At the heart of Duolingo is its mission: to scale free education and increase income potential through language learning. However, the same mission that has helped it grow to a business valued at $2.4 billion with over 500 million registered learners, has led to tensions that continue to define the business. How do you survive as a startup if you don’t want to charge users? How do you design a startup that isn’t too hard to lose people, but isn’t too easy to compromise education? How do you bala...
Tags: Startups, TC, Elon Musk, Boston, Tech, CMO, Tesla, Yale, Mary Barra, Gm, SEC, Bill, EC, Argo, Edtech, Duolingo


A last waltz for Yahoo and AOL, and Elon's crypto comedy show

Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including:What's next for Yahoo and AOL?VCs are gaga for cryptoBill and Melinda's complicated goodbye Did someone forward this newsletter to you? Sign up here. Soundtrack: This week's newsletter has been specially designed to be consumed while listening to Serge Gainsbourg's "Requiem pour un con" This week: A last waltz for Yahoo and AOL EUTERS/Court M...
Tags: Apple, Google, Verizon, Facebook, Elon Musk, UK, Yahoo, US, Newsletter, Trends, Tech, Andreessen, Britain, Aol, Bill Gates, Royal Navy


Daily Crunch: A huge fintech exit as the week ends

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Our thanks to everyone who wrote in this week about the format changes to the newsletter! Feedback largely sorted into two themes: Some people really like the more narrative format, and some folks really want a more link-list styled missive. What follows is an attempt to balance both perspectives. Starting today we’ll bold company names, so that you can more quickl...
Tags: Amazon, TC, Utah, China, India, Softbank, Startup, Tech, Walmart, Mars, Bill, Biden, Tiger Global, Intuit, Coinbase, Clara


Extra Crunch roundup: How Duolingo became an edtech leader

The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-based company also opened up about its plans for the future,...
Tags: Startups, TC, Apps, Utah, Education, Ipo, Boston, Tech, CMO, Bloomberg, Paypal, United States, Nba, Square, Holland, SEC


Dow, S&P 500 close at record highs after dismal jobs report gives Fed more breathing room

Xinhua/Wang Ying/ Getty Images The Dow Jones and S&P 500 closed at record highs on Friday after a weak April jobs report gave the Federal Reserve breathing room to continue with its easy monetary policies.April saw an addition of 266,000 jobs, well below the estimates forecast of 1 million.The April jobs report represented the worst miss since 1998.The Dow Jones and S&P 500 closed at record highs on Friday after a weak April jobs report led to investors bidding up popular stay-at-home stoc...
Tags: US, Trends, Markets, West Texas Intermediate, Bill, Federal Reserve, Stock Market, Goldman, Melinda Gates, Dow Jones, Jefferies, S&P 500, Dow Jones Industrial Average, Citi, Fed, Melinda


S&P 500 hits record high after bad April jobs-report miss dampens inflation fears

A trader works on the floor at the NYSE in New York Reuters Tech stocks jumped on Friday after a weak April jobs report led to a rally in stay-at-home stocks.April saw an addition of 266,000 jobs, well below the estimates forecast of 1 million.The April jobs report represented the worst miss since 1998.Technology stocks soared on Friday and the S&P 500 hit a record high after a weak April jobs report led to investors bidding up popular stay-at-home stocks that have performed well during the...
Tags: Finance, US, Trends, Markets, Square, Trading, Bill, Stock Market, Goldman, Melinda Gates, Dow Jones, S&P 500, Dow Jones Industrial Average, Nyse, Citi, Fed


"Mr. Gates was already working on his dream home before marrying Ms. Gates in 1994.... The place was 'a bachelor’s dream and a bride’s nightmare'..."

"... with 'enough software and high-tech displays to make a newlywed feel as though she were living inside a video game.'... After six months of discussions about whether the entire project should be scrapped, Ms. Gates decided to influence further construction by incorporating her preferences — and insisted on making the place a home for a family and not a lone tech wizard.... Perhaps Mr. Gates may now recommit himself to designing and building a smart house (though that may not be a challengin...
Tags: Real Estate, Marriage, Law, Bill Gates, Bill, Gates, Tiny House, Ann Althouse


Tech stocks jump after bad April jobs-report miss dampens inflation fears

A trader works on the floor at the NYSE in New York Reuters Tech stocks jumped on Friday after a weak April jobs report led to a rally in stay-at-home stocks.April saw an addition of 266,000 jobs, well below the estimates forecast of 1 million.The April jobs report represented the worst miss since 1998.Technology stocks soared on Friday after a weak April jobs report led to investors bidding up popular stay-at-home stocks that have performed well during the pandemic.April saw an addition of...
Tags: Finance, US, Trends, Markets, Square, Trading, Bill, Stock Market, Nasdaq, Goldman, Melinda Gates, Dow Jones, S&P 500, Dow Jones Industrial Average, Nyse, Citi


Melinda Gates now owns $5 billion across these 3 stocks as part of her divorce proceedings

Bryan Bedder/Getty Images for THR Melinda Gates' divorce from Bill Gates has already led to the division of certain stocks.About three stocks worth $5 billion worth have been transferred to Melinda Gates over the past week.These are the three stocks that make up a bulk of the assets transferred to Melinda.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The divorce of Bill and Melinda Gates announced earlier this week has already led to the division of assets be...
Tags: Trends, Markets, Bill Gates, Trading, Stocks, Bill, Jeff Bezos, Stock Market, Melinda Gates, Reuters, Ecolab, Mackenzie Scott, Bryan Bedder Getty, Matthew Fox, Grupo, Cascade Investment


Top Stories this AM: Epstein 'still haunts' Melinda Gates; a record low in refugees, 'Foxitus' and 'Foxmania' are blamed for Capitol riot

Good morning and welcome to your weekday morning roundup of the top stories you need to know.For more daily and weekly briefings, sign up for our newsletters here. What's going on today:Mitch McConnell quashes hopes for Congressional bipartisanship again. McConnell said Wednesday "100% of our focus is on stopping this new administration," prompting renewed calls from Democrats to end the Senate filibuster.Melinda Gates, a woman with an apparently very accurate Spidey sense, was reportedly up...
Tags: Senate, US, Trends, Bill Gates, Mitch McConnell, Fox News, Bill, Biden, Donald Trump, Melinda Gates, Balmain, Capitol, Congressional, NewsMax, McConnell, Jeffrey Epstein


10 things in tech you need to know today

Elon Musk. Britta Pedersen-Pool/Getty Images Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. People are slamming Elon Musk after he tweeted asking for sketch ideas for his "SNL" appearance tomorrow night. Journalists, unions, and politicians gave him sarcastic suggestions - including that he should pay more taxes or donate his wealth. Despite the uproar, Pete Davidson defended Musk hosting this weekend's episode.2. A ...
Tags: Amazon, Facebook, Elon Musk, Supreme Court, Time, Newsletter, Trends, Tech, International Space Station, Andreessen Horowitz, Bill, Jeff Bezos, North Carolina, Melinda Gates, Pete Davidson, Bordeaux


Melinda Gates was upset and uncomfortable after she and Bill Gates met with Jeffrey Epstein, The Daily Beast reports

Bill Gates, Jeffrey Epstein John Lamparski/Getty Images, Associated Press A meeting between the Gates and Jeffrey Epstein in 2013 reportedly left Melinda upset. The Daily Beast reported Thursday that she warned her husband about his relationship with the sex offender. The New York Times previously reported that Gates and Epstein met several times between 2011 and 2013. See more stories on Insider's business page. A meeting between Bill and Melinda Gates and convicted sex offender Jeff...
Tags: Florida, New York, News, Microsoft, New York City, Trends, Economy, Divorce, Mit, New York Times, New Jersey, Bill Gates, Upper East Side, New Mexico, Bill, Times


Why did Bill.com pay $2.5B for Divvy?

As expected, Bill.com is buying Divvy, the Utah-based corporate spend management startup that competes with Brex, Ramp and Airbase. The total purchase price of around $2.5 billion is substantially above the company’s roughly $1.6 billion post-money valuation that Divvy set during its $165 million, January 2021 funding round. Divvy’s growth rate tells us that the company did not sell due to performance weakness. Per Bill.com, the transaction includes $625 million in cash, with ...
Tags: Startups, TC, Utah, Finance, Tech, Payments, Bill, Divvy, RAMP, Brex, Airbase, Brex Ramp, EC Newsletter, EC Fintech


GOP-backed voting restrictions like Florida's will appease Trump more than they'll help Republicans win elections

Florida Gov. Ron DeSantis signing election law Senate Bill 90 live on "Fox & Friends" Screenshot via Fox News/"Fox & Friends" Florida is the latest state to enact GOP-backed restrictions on mail voting. Many of these laws may appease Trump rather than help the GOP. Despite Trump's claims, there is no evidence that mail voting helped Democrats. See more stories on Insider's business page. Flanked by a smiling crowd of supporters at the Airport Hilton in West Palm Beach on Thursday,...
Tags: Florida, Politics, Elections, Texas, Voting, Senate, Virginia, Trends, Georgia, Analysis, Gop, House, Miami, Fox News, Michigan, Bill


Rarely seen video of Bill Gates talking about love emerges after split with wife Melinda confirmed

Rare footage of Bill Gates talking about love has surfaced after the shock announcement that his marriage to Melinda is ending after 27 years.In the video, CNN reporter Jean Enersen asks Bill what qualities he looks for in a partner.... [Author: [email protected]]
Tags: Business, Cnn, Bill Gates, Bill, Melinda, Jean Enersen


DeSantis signs a sweeping GOP-backed election bill into law, tightening restrictions on mail voting and ballot drop boxes

Florida Gov. Ron DeSantis speaks at a COVID-19 testing site, Wednesday, Jan. 6, 2021, outside Hard Rock Stadium in Miami Gardens, Fla. First responders and people over 65 years-old began receiving the COVID-19 vaccine Wednesday during a trial run of the site which will open to seniors at a later date. Wilfredo Lee/The Associated Press Gov. Ron DeSantis of Florida signed a major GOP-backed election and voting bill into law. Senate Bill 90 tightens rules for voting by mail and restricts ball...
Tags: Florida, Politics, Texas, California, Senate, Virginia, Trends, Georgia, Gop, House, Hilton, Michigan, Bill, Republican, Donald Trump, Caitlyn Jenner


Bill Gates transferred stock worth about $2.4 billion to Melinda Gates on the same day they announced their divorce

Melinda and Bill Gates. Michel Euler/AP Images Tech billionaire Bill Gates transferred stock in two of Mexico's largest companies to Melinda Gates. He also split up stakes in a Canadian railway company and America's largest automotive retailer. They hadn't signed a pre-nup, but are splitting property and debts under a "separation contract." Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bill Gates moved stock worth nearly $2.4 billion to Melinda Gates...
Tags: Amazon, Microsoft, Mexico, US, America, Trends, Bloomberg, Canada, Bill Gates, AutoNation, SEC, Bill, Jeff Bezos, Coca Cola, Melinda Gates, Cascade


10 things in tech you need to know today

Chip Somodevilla/Getty Images/JOSH EDELSON/AFP via Getty Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Facebook's Oversight Board issued a scathing criticism of the company. The board upheld the platform's suspension of Donald Trump but asked Facebook to review the decision, saying Facebook "seeks to avoid its responsibilities" by asking the board to resolve the case. More on the board's decision.2. Two att...
Tags: Amazon, Facebook, Spacex, Newsletter, Trends, Tech, Walmart, Bill Gates, Bill, Jeff Bezos, Donald Trump, Melinda Gates, Honest Company, Jason Fried, Newsletters, Jessica Alba


An article published in 1997 revealed that Bill and Melinda Gates had an agreement where he could spend one long weekend a year with his ex-girlfriend at her beach house in North Carolina

Getty Images/Getty Images for Global Citizen A 1997 Time Magazine profile of Bill Gates delved into his love life and family life with Melinda Gates. Bill Gates reportedly had an agreement with Melinda where he would spend a long weekend with his ex every year. "We can play putt-putt while discussing biotechnology," Gates told Time. See more stories on Insider's business page. A 1997 Time Magazine profile of Bill Gates shared that he and Melinda Gates had an agreement where Bill could...
Tags: Trends, Bill Gates, Time Magazine, Bill, North Carolina, Melinda Gates, Gates, Gates Foundation, Melinda, Isaacson, Walter Isaacson, Melinda Gates Bill Gates, Bill And Melinda Gates, Time See, Azmi Haroun, Ann Winblad


An article published in 1997 revealed that Bill and Melinda Gates had an agreement where he could spend one long weekend with his ex-girlfriend at her beach house in North Carolina

Getty Images/Getty Images for Global Citizen A 1997 Time Magazine profile of Bill Gates delved into his love life and family life with Melinda Gates. Bill Gates reportedly had an agreement with Melinda where he would spend a long weekend with his ex every year. "We can play putt-putt while discussing biotechnology," Gates told Time. See more stories on Insider's business page. A 1997 Time Magazine profile of Bill Gates shared that he and Melinda Gates had an agreement where Bill could...
Tags: Trends, Bill Gates, Time Magazine, Bill, North Carolina, Melinda Gates, Gates, Gates Foundation, Melinda, Isaacson, Walter Isaacson, Melinda Gates Bill Gates, Bill And Melinda Gates, Time See, Azmi Haroun, Ann Winblad


Melinda Gates hinted at tensions in her marriage to Bill in 2019 interview on Australian radio

Bill and Melinda Gates' decision to get divorced after 27 years together came as a shock to many this week, but it's not the first time we have caught a glimpse of the private tensions inside their very public partnership.One of... [Author: [email protected]]
Tags: Business, Bill, Melinda Gates


Bill and Melinda Gates' separation agreement likely took at least a year to figure out ahead of the divorce, an expert said

Win McNamee / Getty Images Win McNamee / Getty Images Bill and Melinda Gates don't have a prenup, so they divided assets based on a separation agreement. A separation agreement is a private document in a divorce filing that splits up property. That agreement has likely been in the works for at least a year, a lawyer said. See more stories on Insider's business page. Bill and Melinda Gates filed for divorce in Washington state on May 3 and asked the court to follow a separation agre...
Tags: Amazon, News, Microsoft, Law, Washington, Trends, Divorce, Bill Gates, Bill and Melinda Gates Foundation, Bill, Jeff Bezos, Melinda Gates, Gates Foundation, Jeff, Melinda, McNamee Getty


2 attorneys in Bill and Melinda Gates' divorce also worked on Jeff Bezos' split in 2019

Bill and Melinda Gates, and Jeff Bezos and his ex-wife Mackenzie Scott. JORG CARSTENSEN/dpa/AFP via Getty Images Two attorneys who worked on Jeff Bezos' divorce are now working on Bill and Melinda Gates' split. Bill Gates' lawyer Ted Billbe represented Bezos' ex-wife MacKenzie Scott. Sherri Anderson, who represented Bezos, is now representing Melinda Gates. See more stories on Insider's business page. Two of the attorneys who are working on Bill and Melinda Gates' d...
Tags: Amazon, Trends, Cnn, Bill Gates, Bill, Jeff Bezos, Donald Trump, Melinda Gates, Anderson, Scott, Bezos, Ivana Trump, Marla Maples, Robert Cohen, Getty Images Two, Kate Duffy


One of Melinda Gates' divorce lawyers represented Donald Trump's 2 former wives Ivana Trump and Marla Maples

A composite image showing, from left to right: Ivana Trump, Melinda Gates, and Marla Maples. Mitchell Gerber/Dave Pedley/Ron Galella via Getty Images One of Melinda Gates' divorce lawyers has previously worked for Marla Maples and Ivana Trump. The leading lawyer, Robert Cohen, has a star-studded roster of former clients. The Gates announced their split on Monday. They have a separation agreement rather than a prenup. See more stories on Insider's business page. One of the divorce l...
Tags: Politics, News, Microsoft, New York City, Los Angeles, Trends, Bbc, New York Times, Bill Gates, News UK, Uma Thurman, James Gandolfini, Bill, Andrew Cuomo, Donald Trump, Chris Rock


10 things in tech you need to know today

Elaine Thompson/AP Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Bill and Melinda Gates reportedly didn't sign a prenup. With nearly $150 billion at stake, they will split their property according to a "separation contract" they've agreed to instead. Bill Gates is the fourth-richest person in the world; here are 11 facts that show just how wealthy he really is.2. A Silicon Valley realtor said the exodus from th...
Tags: Google, Facebook, Spacex, Elon Musk, Florida, Washington, Newsletter, Trends, Tech, Tesla, Bill Gates, San Diego, Silicon Valley, Toyota, Bill, Seattle


Hollywood’s Magic Castle set to reopen for members after COVID-19 hiatus

LA’s most exclusive magic club, the Magic Castle, seen on Tuesday, May 4, 2021, is getting ready to reopen on May 21 after it shut down last year due to the COVID-19 pandemic. (Photo by Sarah Reingewirtz, Los Angeles Daily News/SCNG) The Dante Room is stacked with tables and chairs on Tuesday, May 4, 2021 at LA’s most exclusive magic club, the Magic Castle, as it gets ready to reopen on May 21 after it shut down last year due to the COVID-19 pandemic. (Photo by Sarah Reingewirtz, Los Angeles ...
Tags: Business, Hollywood, News, California, La, Restaurants, Sport, Things To Do, Soccer, Bill, Dining, Southern California, Ama, Irene, LA County, Los Angeles Daily News


Brex, Ramp tout their view of the future as Divvy is said to consider a sale to Bill.com

Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend unicorn, is considering selling itself to Bill.com for a price that could top $2 billion. For the fintech sector, it’s big news. Corporate spend startups including Ramp and Brex are raising rapid-fired rounds at ever-higher valuations and growing at venture-ready cadences. Their growth and its resulting private investment were earned by a popular approach...
Tags: Fundings & Exits, Startups, Utah, Tech, Bill, Expensify, Forbes, Divvy, RAMP, Bill.com, Brex, Henrique Dubugras, Alex Konrad, Airbase, Eric Glyman, Glyman


Bill and Melinda Gates' divorce: What happened - and why do we care so much?

There are friends whose weddings you go to, whose vows you echo and whose joy you toast – all while wondering how long it will last. Then there are couples like Bill and Melinda Gates, who appear for all the world like nailed-on... [Author: [email protected]]
Tags: Business, Bill, Melinda Gates


Melinda Gates says wealthier countries should stop 'hoarding' COVID-19 vaccines and predicts the US will begin donating its supply

Melinda Gates at the "No Ceilings: The Full Participation Project" in New York in March 2015. Photo by Greg Allen/Invision/AP Melinda Gates told Financial Times editor Roula Khalaf that wealthier countries should stop "hoarding" COVID-19 vaccines. She predicts the US may begin donating its supply. Her interview during Financial Time's Global Boardroom event was pre-recorded before her divorce from Bill Gates was announced. See more stories on Insider's business page. Wealthier coun...
Tags: New York, Cdc, India, US, Trends, Joe Biden, Bbc, Bill Gates, Healthcare, World Health Organization, Vaccine, Bill, Melinda Gates, Gates, Financial Times, Melinda Gates Foundation



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